London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Just been on holidays. Sold half at £9.50..now back in .. made a nice purchase for myself to enjoy some profit. Will now leave it a few years. What a lovely stock this is! Looking forward to a business update see how the courts are now performing.
Great posts GT. completely agree of course.
Thanks for that TWT, you needed a holiday ok, LOL.
Virtually all of the multibagger book writers and tipsters state to achieve a big multibagger you need to hold onto your shares tightly for the long haul, though it's so difficult not to sell when you just know there's going to be a imminent price drop, and in that quick normally emotional financial safeguarding decision , that selling can sometimes be lead to just hold onto that locked in profit and safer cash position, I know from experience ok, and then not to concerned what the shares or stock markets do after cashing in is a very attractive safe position to stay in . And in there lies the risk to loosing out on a substantial longer term multibagger , the markets can turn your stomach and make you instantly physically ILL when you see that profit disappear, LOL / and it's not funny at all.
That Litigation capital management " LIT" company is a good company ok, though they specialise in much smaller much safer cases, they simply can't take the massive losses that burford can take right now and make it work for them, as our business plan and funding can easily handle big lawsuit losers, we have the really big law firms and solid personal inside connections to have our pick of the very best of these massive lawsuit cases, they know how we work, we know what they want, and a solid trust has already been long established between burford and the largest law firms in America and even around the world, we are their first call when wanting litigation funding. So most other Litigation funding companies get our rejected cases. that puts us in poll position to take on more or even slightly riskier work. roughly 97% of our litigation work is turned down , that's billions $£$ of work out there that could potentially be monetized by burford after raising more funding from American institutions , that will definitely happen ok,
so if we can monetize our Peterson case it in itself will allow us to raise even cheaper money from the corporate bond markets, we've already seen that, burford is understandably treading carefully after the muddywaters nightmare , it has to uphold to the highest standards now, it can't risk any more bad publicity given its a law firm that must be cleaner that a whistle.
Burford is truly a multibagger all day long, it's already personally delivered that to me , but I stress it can easily triple again in the next short to medium term time frame. The money already deployed tells me that it will do that in the medium term.
I appreciate other poster putting interesting information about other companies on this forum, it's all just food for thought, and sometimes it can pay handsomely like AMIGO plc at 11p and now over 23p today and it was higher.
That maxus energy against YPF/ Argentina government case, a mediator was supposed to be appointed today , it will be interesting to see how the Argentina appointed lawyers handle this case
US finished nicely up at equivalent of £8.87 but on very poor volume of only 64,768, so I can't read too much into it. The last Argentinian postponement was until 21/05; so wonder if we'll see a continuation of the previous rise next week?
Interesting GT that you use Amigo as a multi bagger - it has, and it could maybe again in quick fashion, but it could also fall to near zero next week as a critical court case will decide its future on Wednesday. Too risky for me so will watch from the sidelines.
Yes JammyC AMIGO is high risk high reward for anyone who has the nerve to take that very high gamble, that was the reason I didn't invest when someone mentioned it here a few months ago, yes you would have more than doubled your money already, but even then and now I still wouldn't take that gamble on that particular court case, but it just goes to show you the opportunities that can present themselves to us on our forum when other posters point out a potential opportunity to multiply your money, or for that matter loose your money , yes interesting JammyC, and he's better watching from the sidelines, LOL
GTX1
And yes better watching from the sidelines .
Stock rising on low volume, I personally take as a positive. As people are holding, as they see the potential.
I have BUR in SIPP that I don’t touch as well as an ISA which is the only wrap I play with to boost returns. The SIPP is ‘multibagger’ as you say. Proves leaving it alone works just as well.
I think we are seeing slow court decisions, with huge back log of cases mounting. Think it will take time to process and catch up ‘years’ this is why I’m cautious short term and keen to see how cases are moving through the courts. Cases generally have a 2.5 average life span to outcome, this could easily double with delay due to Covid.
Yes TWT you seem very sensible and have done all the right things to protect yourself from the X amounts of tax implications when burford multiply 's many fold in future years.
Burfords shares will nearly always follow the world's market to a degree, even though it's a recessionary resistant and friendly company to be invested in. I'm nearly certain that after just a few good more years of burford making hundreds of millions of dollars in profits the American market will fall in love with burford, resulting in a massive mark up in its shares.
I'm unsure to any great amount of backlogs in the whole court systems around the world, as quite a lot of courts have sat through zoom sitting to unblock that backlog , the courts seem to have adapted very well to new systems of court hearings, either way burford will get the extra monetary case bonuses for any delays.
to anyone who's interested in another potential multibagger to put on your radar , STX = shield therapeutics, this company could very well take off when it launches it's superior iron medication in the USA very soon , and then around the world.
this iron medication can save iron deficiency surfers from needing urgent IV hospital treatment. It's a unique patent protected product,
The downside is if it's not taken up, then your investment will definitely plummet , though it seems on the balance of good evidence in front of me a very good gamble. But everyone needs to DYOR .
Just put it on the radar and just watch .
GTX.
STX is another Funky Finance tip following on from LIT which was posted as the 8 bagger. I was already in LIT and his presentation of the case was good and accurate. I've not looked into STX so can't comment but video is here:
https://www.youtube.com/watch?v=8ZqdKDZpUBs&ab_channel=FunkyFinance