Member Info for ffcmember

Suits my agenda nicely as I’m still adding !!! Think I’ll wait for the mms to continue playing there games and buy more in the £6s region

TWT,I can honestly say not once have I ever considered us losing with Petersen but we’re that to happen it definitely is not priced in and we would tank big time and I’d also be adding , When we eventually win Petersen we will imo head north but we are so much more than one case !
What I really want to see when it does happen is our PR team pointing out what an investment has to offer going forward ? If I think of the comments and conviction over the last five years both here and the blue board about Burfords future I’m surprised more people don’t come on board , that’s something I do think the bod could improve on , that said it’s good to see us doing something with AJ Bell

Compelling note from Peel Hunt this morning, upgrading Bur to a buy. Summary: Burford is a unique play with many attractive aspects, and the value is too good to ignore. True, investors only give full value to a devco/opco/propco mix like this when they see cash flowing in and consistent returns. For Burford, therefore, either case wins need to accelerate, or it moves to a capital-light model, or it goes private. But with the shares at close to the embedded value of 757p (PHe), the only downside we see is if Petersen fails. This is possible, and we should know more within a few months, but a risk-weighted approach sees upside to 1,515p, with our increased TP of 1,000p allowing for risk. We upgrade to Buy. And on valuation: The challenge is that public market investors typically do not like asset developers, finding their earnings too unpredictable, giving little credit to value creation to those using proprietary capital and/or investing in assets that are difficult to appraise. On the other hand, this is a unique asset, and we believe the value is simply too good. We calculate full fair value at 1,515p. Our 1,000p TP is a weighted average of 1/3 our full fair value and 2/3 the embedded value of 757p to allow for risk, up from 750p. Our top-end value would be even higher if Burford moved to a third-party funding model paying management fees, similar to its SWF deal. Or if Petersen and Eton Park win big this year.

Thanks for sharing TWT , although not the biggest investors it’s nice to see a good few adding ! It’s all a bit boring right now but it’s I’m confident we have a few good years coming up not least because we are on catch up due to the pandemic!

Yes
Many thanks Jammy !
Keep adding at this extremely low price !

Was hoping to top up today in the low 650’s but may have missed the boat ? I guess it may drop if it dips in ny on opening ??
Good to see an investor call as usual on the day the results are published and judging on the poor year we had I’m hoping they will be bullish about a good start to the year together with the courts back to something like normal ?
Gla

nice one dgdg , interesting to see if it comes to anything..
hope these hang around the low sevens for a while and petersen holds off also ,I'm still adding ,esp with $1 bn in commitments this last year !!!
I know some have a shorter timeline so it must be hard seeing yet more Jam tomorrow but selfishly it does suit me nicely ,thank you very much .

Yes sammy but I subscribe and have been happy to receive this kind of info on a regular basis , my concern would be if this is a new avenue for them as we want investors to read an RNS containing news that belongs in an RNS. Not something people will ignore expecting none regulatory PR !!!! Check my history you won’t find me knocking this great company!!!! Now if they are trying to move the SP on a bit pre fantastic news then release a few titbits ( pending judgements) to wet the appetite maybe ? Hooray the courts are back to normal ? We are getting record interest for our services , we have insight into next weeks lotto no’s etc etc
Or simply announce upcoming events etc etc , we have the buggers backing against us running scared ? I would certainly like to see the shorts gone

Sorry yuri there is nothing regulatory about it !
There are many Avenues , this is not it ! Imo obviously

I’m keen to see positive PR but does that really really qualify as an RNS ?? Do the have different rules over the pond ?

Exactly my feelings too , a few heads would roll if we lost that’s for sure. . I think there are some silly sp predictions made re petersen but one thing is for sure it won’t be just a 10% increase !!!
Also it will be nice to see talk of the all round portfolio we have without this one case

Thanks TWT
It is hard to actually believe this may really get settled soon. It will be very “interesting “ to see what shareholders make of the outcome win or lose ??? And the following sp fluctuations ? Also what comes out of the boardroom to keep many interested???? GLA

Should have added yesterday ! But is that the last time to get these in the 6s ???
Just bought at 699 , sounds like a sale price ? Hope so
No matter I’ll be adding now right up to the Petersen result !!!
These will re rate at some point and I’m convinced it is going to be soon
Gla

Well I’ve just topped up at 664 as I’m hoping it’ll open up over the water higher and we’ll follow ,,, we don’t deserve to be this low so you got to take advantage when you can me thinks

And I feel the same Jammy , every time I see his posts I can’t get the very strange need to invent another poster to back himself up ????? Bring in the fraud squad I say !!!!! Hey ho it takes all sorts they say

Nice post sammy
I’ve been hovering over the buy button the first hour at these prices just not convinced the general market has decided to drive north or south yet ??? Any thoughts anyone???

Nice TR1 RNS
The more Ii’s the better as far as I’m concerned

Surely the short interest should disappear soon ???

Bloody typical I had a stop/loss order in to purchase at 722 , got impatient and bought at 726 !!!!! Probably end in the teens unless the yanks pull back after another bad start ! Don’t think I can remember going red eight days running many times so we’re surely due a few blue ones soon ?

Flakey I Can’t imagine it’s been that for those that bought in circa £3.50 not so long ago ?