Member Info for BlueWiley

Burford’s conservative valuation indicates $7bn+ worth of assets .. YPF is c$1.5bn of those assets. Current market cap $2.8bn.

The board is well aware that the nett debt can be cleared with one divisional capital event and they have numerous options .. patience its going to happen

I hope so .. next results will be very telling!!

Mr Ace - the SP has pretty much doubled since you started passing on your words of wisdom regarding Burford and we are a 12 month low 🤣

Surfie- it’s frustrating but we are going to get paid it’s just a matter of when and how much! We are on the final lap with regards everything YPF and the portfolio is ready to deliver..

GTx well said… looking forward to Miami

TWT I made the same point sometime ago whilst discussing the £20 Miami Lunch … Mr M assured us he would attend and so would Mr M 🕵🏼‍♂️

Id rather it was Lady Preska say something.. maybe tomorrow 🙏🏻

"Burford had a strong second quarter, with Burford-only total revenues up 217% and capital provision income up 237% over the comparable period in 2023. A series of case wins underline the lack of correlation between Burford's cash flows and markets or the economy and demonstrate continued progression in our $7.4 billion Group-wide total portfolio. New business was also active with new commitments above our recent quarterly average. As we've signaled, overall year-to-date results can't compare with last year given the unrealized gains from the 2023 YPF win, but year-to-date net realized gains on our core portfolio were up 36%. After a typically sleepy first quarter, we are very pleased with the performance of the business in the second quarter and in the first half of 2024."

YPF judgment creditors seek to expand the number of state-owned companies that can be considered the Alter Ego of the Republic of Argentina. They are asking Judge Preska to order the government to provide information about Banco Nacion, Aerolíneas Argentinas, ENARSA, and ARSAT. They are also requesting a conference.

Extraordinary sub plot being played out here - YPF is clearly an exceptional Argentinian asset that can clearly afford over a period of time to pay the creditors what’s owed!

A deal is going to be done and we are going to get paid 💥

A week earlier than expected…👍

Credibility down the PP1💥

PP1 what are you talking about … Owning the production facility rather having to pay a third party is a huge plus to any business and THG own nutrition and beauty production facilities which is one of the reasons I’m invested ..

Politics Politics .. Mr Millie would likely welcome the seizure of gold to underline what a mess he has been left and negotiate the return

A settlement deal is the only way forward for YPF the good citizens of Argentina and us the shareholders .. but there has to be a moment legally that brings Mr Millie to the table!

Maybe they are already talking - as Mr Bogart stated along the lines during the latest investor call “you the shareholders just don’t have enough information to know what’s going on behind the scenes with any of the Burford cases”

Thanks ExT. it’s a powerful argument.. I fully expect Lady P to deliver for Burford again and double down… anyone have an alternative view?

Argentina’s economy expands for first time under Milei

Argentina’s economic activity increased 1.3 per cent in May compared to April, its national statistics agency said on Thursday, in the first expansion of the economy since libertarian president Javier Milei took office in December.

GTX I added also a month or so back at £10.50 ish and still my largest holding. As you say TWT it’s been difficult to watch but I’m also super confident in the future SP. As for the movement upwards I’d throw in the Q2 update is due mid August. My opinion on Lady Preska is so far she has always delivered the best possible outcome for the claimants in this case so far so I’m hopeful she will continue and deliver the YPF shares (c$5bn) on a plate.

I respectfully disagree. A lot of like minded sellers since the AGM who think the same but the SP is steadily rising when historically it wouldn’t?