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Pin to quick picksBurford Capital Share News (BUR)

Share Price Information for Burford Capital (BUR)

London Stock Exchange
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Share Price: 1,285.00
Bid: 1,273.00
Ask: 1,280.00
Change: 5.00 (0.39%)
Spread: 7.00 (0.55%)
Open: 1,320.00
High: 1,320.00
Low: 1,269.00
Prev. Close: 1,280.00
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Sunday share tips: B&M European Value, Gym Group, Burford Capital, CVS, Joules

Sun, 03rd Jul 2016 15:51

(ShareCast News) - Buy shares in B&M European Value Retail said the Sunday Times' Inside the City column. As the referendum decision to leave the EU sends the economy into a recession, discounters like B&M should do well. The business model is to attract customers with value groceries and then offer bargain-basement brands that are bought in vast bulk or with some non-grocery items made for B&M out in Asia. B&M's gross profit margin was above 34% in the last two years.With its shares trading at 13p less than their 2014 IPO price, this values B&M around 13 times expected earnings per share for 2018. And B&M also has the added diversity attraction of a growing exposure to Germany, where as of March it had 56 stores to the 499 in the UK. With stocks like precious metals miners having surged and housing shares plummeted, B&M's fall of more than 10% since the Brexit result looks wrong. House broker Peel Hunt has set a 440p target price on a company that more than doubled profits last year and paid shareholders a 10p a share special dividend.Gym Group shares were a 'hold' for Questor in the Sunday Telegraph, the only fitness chain currently on the London stock market. Gym Group is also a discount operator, offering customers access to its 24-hour, seven-days-a-week gyms in some areas a monthly fee of just under £11, with no lengthy contracts. Customer numbers grew more than 28% in 2015 as gym numbers grew to 74 from 55, helping lift sales 32% to £59.98m.Shares in Gym Group have only gained just over 10p since the late 2015 initial public offer. The cost of this IPO led, the group said, to losses last year increasing by almost a third to £12.4m before tax. Without the burden of those costs, management expect to break into the black this year, and any recession or consumer belt tightening in the coming months should help discounters. But continuing crunching its way to a similar level of growth in what is a very competitive industry will be difficult.Midas in the Mail on Sunday picked out a trio of stocks to ride out the stormy post-Brexit seas: litigation financier Buford Capital, vets chain CVS Group and clothing retailer Joules. Burford, in which investors can choose equity or retail bonds, offers loans to organisations that wish to pursue lawsuits in the courts and, as much of its revenues are derived from the US, it will benefit from pound's weakness against the dollar. The business is unlikely to be hit by Brexit concerns and there are some large cases due to conclude soon that could provide a boost.CVS is Britain's number-one vet by size, with the country's love of animals not expected to dip whatever the economic outlook. It had 333 surgeries covering around 12% of the market at the end of December and owns five laboratories, seven pet crematories and runs AnimedDirect.co.uk, selling treatments, supplements and pet food. Profits profits are expected to grow 25% in the year to June and the recent dip is a buying opportunity.Joules began life as a supplier of bright clothing to the country set who attend village fairs and equestrian shows. Now with 100 stores around the country, a strong online offering and a wholesale division that sells via John Lewis and Next, Joules customers are generally prosperous and so may be more immune from any recession, with a dividend planned from 2017. Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only and not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.
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27 Feb 2020 17:56

EXECUTIVE CHANGE SUMMARY: Burford Capital Adds Independent Directors

EXECUTIVE CHANGE SUMMARY: Burford Capital Adds Independent Directors

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26 Feb 2020 09:35

UK BROKER RATINGS SUMMARY: Berenberg Cuts Morrisons, Raises Sainsbury

UK BROKER RATINGS SUMMARY: Berenberg Cuts Morrisons, Raises Sainsbury

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21 Feb 2020 12:59

Friday broker round-up

(Sharecast News) - Workspace Group: Deutsche Bank downgrades to hold with a target price of 1,300p.

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12 Feb 2020 13:06

Dubai court rules against superyacht freeze order in divorce battle

DUBAI, Feb 12 (Reuters) - A Dubai appeal court has dismissed a freezing order on a $436 million superyacht belonging to a Russian billionaire at the centre of one of the world's costliest divorce battles, according to a copy of the final ruling r...

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12 Feb 2020 13:06

CORRECTED-Dubai court rules against superyacht freeze order in divorce battle

(Corrects paragraph 8 to clarify that spokesman, not lawyers, provided copies of court ruling)DUBAI, Feb 12 (Reuters) - A Dubai appeal court has dismissed a freezing order on a $436 million superyacht belonging to a Russian billionaire at the cent...

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3 Feb 2020 12:32

Monday broker round-up

(Sharecast News) - Diageo: Kepler Cheuvreux upgrades to buy with a target price of 3,700p.

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3 Feb 2020 11:50

Burford Capital warns of lower 2019 profit

(Sharecast News) - Burford Capital warned on Monday that 2019 profit would be lower than the previous year as it closed fewer cases.

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3 Feb 2020 11:05

Burford Capital Sees Record Annual Commitments, Guides For Profit Fall

Burford Capital Sees Record Annual Commitments, Guides For Profit Fall

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7 Jan 2020 15:22

UPDATE: Muddy Waters Reiterates Burford Metrics Manipulation Claims

UPDATE: Muddy Waters Reiterates Burford Metrics Manipulation Claims

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7 Jan 2020 11:16

Burford Capital says US class action has been dismissed

(Sharecast News) - Litigation and risk management company Burford Capital said on Tuesday that a US class action suit against it had been dismissed, as it announced some management changes.

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7 Jan 2020 08:39

Burford To Start US Listing Process As Management Shake-Up Continues

Burford To Start US Listing Process As Management Shake-Up Continues

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7 Jan 2020 07:31

Burford Capital says U.S. class action lawsuit dismissed

LONDON, Jan 7 (Reuters) - Litigation funder Burford Capital said that a U.S. securities class action lawsuit against the company filed in August last year has been withdrawn by the plaintiffs and dismissed.The lawsuit had been filed by purchasers ...

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17 Dec 2019 11:16

UPDATE 3-UAE's NMC Health tanks as Muddy Waters takes short position

* Muddy Waters criticises NMC's financial statements* NMC shares fall more than 35%* Finablr, which shares a founder with NMC, also slumps (Adds Finablr shares fall)By Noor Zainab Hussain and Stanley CarvalhoDec 17 (Reuters) - U.S. short-selling fir...

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17 Dec 2019 11:16

UPDATE 4-UAE's NMC Health tanks as Muddy Waters takes short position

* NMC founder says firm holds itself to highest standards* Shares in Finablr, with same founder as NMC, also slump* Interactive graphic https://tmsnrt.rs/38QsAfK on NMC short positions (Adds NMC founder's comment, share close, graphic)By Noor Zaina...

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17 Dec 2019 11:16

UPDATE 2-UAE's NMC Health tanks as Muddy Waters takes short position

(Adds details)Dec 17 (Reuters) - U.S. short-selling firm Muddy Waters said on Tuesday it had acquired a short position in NMC Health Plc , criticising the healthcare group's financial statements and wiping almost a third off the value of the compa...

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