Manolete Partners Share Discussion Threads

[krutt] 02/3/2021 18:20

I watched the Investor Meet Co presentation by Steve Cooklin of Manolete and i must say i was very impressed.Steve was very professional, capable and answered all questions raised very well. The Manolete model looks to be the best option available and i think it will attract lots more referrals going forward, the company is expanding and gearing up for the Tsnumami of cases coming down the line. There is no doubt that Manolete will be a major beneficiary of the Covid crisis which will have a devastating effect on many businesses. The presentation gave me great confidence as an investor in the company and i will certainly look to add to my position as funds allow. There is no doubt the company is in great shape and well set to grow.

[dubai123] 02/3/2021 11:43

The investor meet platform provides free access to both live meetings and then afterwards it's the same with the ondemand content which I fine very helpful. There is no cost and you can access other functions as well

[jonwig] 01/3/2021 17:13

Today's holdings announcement:

Founder of Manolete Partners Plc and River & Mercantile Investments Ltd., Michael Jonathan Faulkner currently holds the position of Group Chief Investment Officer at River & Mercantile Group Plc and Head of Macro Strategies at River & Mercantile Investments Ltd. (a subsidiary of River & Mercantile Group Plc).

He is also on the board of Two Minutes To Midnight Ltd. and Member of Arruza Partners LLP and Member of Manp LLP.

He previously was Director at Manolete Partners Plc.

Mr. Faulkner received an undergraduate degree from Imperial College London.

[lazg] 01/3/2021 16:44

@JonWig: I think such things should be free, many companies have recordings of such events on their websites. Totally fine for ShareSoc to try to get subscriptions, godspeed to them. Still would like to see these things online without a paywall (not trying to convince anyone who does not agree.

@Jim: thanks!

[jimtech] 28/2/2021 22:49

You can always go to the next one on Tuesday at Investormeet...
hxxps://presentations.investormeetcompany.com/investor-meet-company/MANOLETE-PARTNERS-PLC-Manolete-Partners-Plc-Investor-Presentation?bmid=d094f747099d

[jonwig] 28/2/2021 20:49

Laz - ShareSoc is a lobby group serving the interests of private shareholders ("a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights"). It has running costs but its membership fees are low.

If people could enjoy the benefits of its presentations without paying for them it would not be able to continue with the work it does. (It is not, for the most part, a "platform".)

[lazg] 28/2/2021 20:18

Could someone upload it to a free resource. ShareSpc may be a good platform, but there is no reason for a paywall on such resources.

[sharesoc] 28/2/2021 18:08

In case you missed our webinar with Manolete, the recording and stockopedia report can be found here:
To access the recording, you'll need to be a full member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here: hxxps://www.sharesoc.org/membership/
Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the recording (and recordings/reports on 100s of other meetings). If you're already a member and have any difficulty accessing the report, please do not hesitate to contact us here: hxxps://www.sharesoc.org/contact-us/

[r2oo] 28/2/2021 17:16

So with the imminent release of the chancellor's budget next week, it looks like extra relief and grants for small businesses and extension of the furlough scheme.This could weigh heavy on the share price in the short term..

[enronhubbard] 28/2/2021 01:25

Seconding the request for a link of the webinar, eager to see it.

[r2oo] 26/2/2021 08:10

Anyone have a link to replay the sharesoc webinar?

[wordsmith] 25/2/2021 19:02

I’m a holder of BUR since 2011. In July 2013, BUR invested in MANO. This didn’t last. I’ve tracked MANO for some time and finally invested on 10 Feb, when the price looked attractive. Mithaq Corp’s involvement is welcome as they know BUR. MANO then released an update. The portents are encouraging.

[scubadiverr] 25/2/2021 12:27

Your thoughts on the choice of name echo mine as I'm not convinced it was purely to piggyback on Mano's brand awareness. I see that the presentation details that they are to buy and thus act as principal on cases, not just finance cases as alluded to at the update Webinar. Eitherway I agree that there appears they are both targeting deferent niches.It will be interesting to learn more about LIT's activity in this space as I'm not sure yet of thier intentions or scale. I believe that they thought that there would be enough of a market to support upto 5 insolvency funders without the competition being harmful to prospects.

[maddox] 25/2/2021 11:22

Hi scuba,

Yes, interesting RBGP essentially said that they are not directly competing with MANO. This is despite their choice of Islero as a brand-name which clearly suggests that that was their intention.

RBGP is targeting higher value cases where funding not out-right case-purchase is required. Difficult to put a percentage on it but the overlap between RBGP and MANO target markets will be minimal.

On this basis the competitive threat to MANO's market sweet spot is zero.

[scubadiverr] 25/2/2021 10:02

On that subject it is worth taking a look a Lionfish's latest presentation.https://www.rbgholdings.co.uk/investor-relations/reports-documents-and-circulars/

[tradertrev] 25/2/2021 10:00

Burford left this segment mainly because it was too small-ticket for them.

[jimtech] 25/2/2021 09:29

You would need to ask them! Would recommend looking at Cooklin's recent ShareSoc presentation or register the upcoming investormeet presentation. Worth noting that Mithaq Capital are now major shareholders in both BUR and MANO.

[lazg] 25/2/2021 09:05

@JIM, interesting.

Why did BUR decide to leave this segment? Are there reasons why tjey would not want to reenter this segment if opportunities come up?

[djb3] 25/2/2021 07:48

From LSE: www.valuewalk.com/manolete-partners-five-bagger-uk-micro-cap/?amp=1

[gusrezo] 24/2/2021 20:41

curious, this week there're bullish thesis about Manolete in both Seeking Alpha and ValueWalk.

[jimtech] 24/2/2021 19:48

Manolete Partners and Burford do not compete. Burford used to have a similar product but no longer do. Manolete Partners has a 67% market share of the third-party insolvency litigation sector in the UK. They have extremely strong relationships with Insolvency Practitioners who come back to them repeated to sell cases.

[jsforum] 24/2/2021 19:47

Excellent bounce - long may it continue and I hope that rat Cooklin is learning his lesson

[lazg] 24/2/2021 18:56

Still extremly cheap at a market cap of 100m. I am easily convinced that there are few companies better positioned to profit from Brexit/Covid.

This twin phenomenon is an unseen fundamenal disruption that will cause 1000s of businesses to fail (regardless of whether you believe that 1000s of other businesses will profit). 250.000 small businesses alone according to this source. hxxps://www.theguardian.com/business/2021/jan/11/uk-firms-fear-twin-force-of-covid-plus-brexit-will-force-them-under

I think the article is bs, to be fair. The number of business deaths was 311k in 2018 and 336k in 2019 (with a death rate of 15%). Therefore, there is no way that the failing business rate will go down to 250k (with a death rate of 5%). This doesnt add up.

Anyway the sentiment in the article is true regardless of the wierd numbers.

It is obvious that many established businesses with real activty (rather than paper dreams) will fail. And many of them will look for culprits, seek compensation from insurances or will have other aftereffects, in other words litigation.

This will lead to 1000s of new litigation cases. In 10 years we will speak of the Gold Rush of litigation cases. Because the Brexit/Covid business failures are different from the the normal slow deaths of failing businesses. Who do you think they will turn to, when it comes to litigation financing? Indeed, Manolete and Burford.

I can see the count of cases financed go up dramatically and I can see Manolete spoilt for choice. I hope they keep lots of cash around to invest. It is great that they have Mitaq in the background to provide funds.

As Mano is small, the stock can double triple or quintuple easily. I think once the market notices this obvious fact the 600 pence ATH will be broken and so will 1200.