Member Info for Freedom35

Mid 2021 I meant.

This has been at over £38 in mid 2022. £20 isn't far fetched.

So debt is high, but they claim they expect this to reverse in H2. To me TUNE looks pretty cheap, and I am pondering whether another industry player might buy it at these valuation levels.

If Jarvis "can't" pay a dividend they should do a share buyback instead.

Very disappointing this. It's going on forever. I have an account with them, and looking at this it seems I'm going to have to go through the nause of moving it elsewhere.

Yes, looking again, i used the total cost of the shares to me as the divider, which got me to that yield figure. If we used the share price today in respect of the divis paid over whole past year, the yield is more like 9%. Could be a value trap, but we shall see.

I added up what I had received from JIM in my ISA records over the last 12 months and divided by the value. I may have got it wrong. But it's been noticeably one of the higher sources of cash coming in, alongside VMID and HPRO. I mostly hold dependable ETFs of various sorts, but reserve an allocation for a few chosen companies, of which this has been one.

Not sure really what this model B stuff means, but I haven't seen any indication the company going out of business, and the dividend yield has been close to 4% by my reckoning, so I increased my investment today. The 1000 shares bought at 9:39 (listed as a sell) was me.

I don't see anyone on here who sounds more desperate than you do.
You must have lost a lot.
I doubt your convincing anyone except yourself and others in the same situation as you.
Look what's happened.
It's a stitch up.

Well.. that delisting RNS has really cratered the share price.
Another 50% drop today.
I can only assume this will cease to be ISA eligible if delisted, so that's a further headache, and will probably mean forced selling for anyone who holds this via an ISA.
This looks like it has the potential for a lawsuit all over it. There's no question that the market value would collapse with such an announcement, and I think there is a price manipulation case to answer.

On basis of the dividend, and recent SP strength, I have just doubled my holding in JIM, as a long term hold.

Morning all. Been holding and reading the discussion with interest for many years.

I just tried to see what was going on on the II discussion forum, and I cannot find any links to it on that site. Has II finally retired its discussion forum for good? I assume most users came here (like I did) when II wilfully ruined its own site in 2018, and admittedly I haven't been on the II discussion for a few months, but I thought I'd check it today, and it appears to be gone!

Can't find it via google, and can't seem to google out any news on II binning their forums off.

Can anyone enlighten me?

Cheers, and best wishes.

And to update, I just tried a dummy sell and got:

"The market are unable to offer an electronic quote, therefore please place a limit order using pounds rather than pence e.g. 53p = 0.53. This will be forwarded to the dealing desk and dealt on a best endeavours basis."

Which is at least different to the message I was getting last week which was:

"This stock cannot be traded in an ISA".

Communication on this has been dire. I received nothing from my broker.

I discovered that I could no longer trade my shares recently, and looked into it, starting with the RNS feed, which led me to this letter:

https://www.burfordcapital.com/media/1797/shareholder-letter-crest.pdf

I was one of those that did nothing, because I was unaware. I have been in limbo. According to that letter, as a result of me not making an election my shares would be transferred to a us settlement system, and I would be unable to trade. Nowhere does the letter say that the situation will ever be resolved.

I emailed my broker with a rant about this on Saturday. Today they replied saying that as of today, it is entirely possible for me to trade my shares and the letter above from BUR is misleading as my shares remain on AIM and I can trade them, even though I did nothing. Obviously that's good, although I have not actually tried a dummy sell to test if it's true yet. Whatever has happened it is not in accordance with the letter BUR put out.

I keep a version of my virtual portfolio on III and had to delete and re add BUR. This was something I was unable to do until today. Clearly something has changed as of today, but again no explanation from the company or anyone else.

If my experience is anything to go by, those who did nothing should find the situation resolves itself, which is entirely counter to the letter BUR sent to CREST shareholders.

Thanks. I'll have to contact them. They normally do make contact for such things but didn't in this case. Tedious.

So I got nothing from my broker, and didn't see the RNS a while back. I only found out yesterday I had missed the deadline to make the election so I could continue to trade the BUR shares I own.

I tried a dummy sell on my account and got a message "this share cannot be traded in an ISA". I was obviously expecting it not to work anyway.

So now what do I do? I I wanted to dispose of these in future, what are my options? Can anyone advise?

PE ratio is almost 100.

I do realise a lot of people are jumping on the wagon hoping for this rise to continue, but at some point reality will strike surely?

Not questioning the business, just the share price.

It's about time. Looks like everyone who was going to sell due to the merit less short raid BUR experienced has done so, and the fundamentals of this company speak for themselves once again.

I shall enjoy the ride back up.

Almost bought some yesterday. Glad I waited till today.

Question is will this reverse the upwards momentum? I am betting no.

Unless I have the following details wrong, this looks pretty cheap. MC (£m)......................47.63; cash&Eq (£m)...........19.62; debt (£m)....................28.00; earnings (£m)...........10.50; dep&am (£m)............27.80; EBITDA.......................38.30; PER.............................4.54; EV/EBITDA..................1.46;

using a multiple of 2.2xHY earings and ebitda (to acount for growth), I project FY (december?) ratios to be: PER=18.21 and Enterprise_value/EBITDA = 13.55. slightly cheap, but nothing special.