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Directly from Bloomberg.

The biden administration would support a speeding up of disbursements from Argentina's $44 billion dollar program with the international monetary fund if the nation's authorities can successfully negotiate a new schedule with the lender, according to US officials familiar with the matter.

The US would be supportive of frontloading the payments because it sees the need to prevent Argentina's economic crisis from getting worse, the officials said, asking not to be identified without permission to speak publicly.

So essentially I read this as the Biden administration wants to speed up the IMF to give Argentina it's money more quickly, and now does that mean Argentina will have more money to pay out to its country and on it's court liabilities or settlement awards, you would think that would be a logical conclusion to that news just a few minutes ago, and maybe could that be the reason the shares have risen a little higher in America ?? .

DYOR, GLA

Amica1 , you really need to get up to speed where Burford is right now, the backlog is all but practically gone, the pent up case's from the pandemic are expected to come through this year, as in the 33 case's that have and are coming up this year, my best guess is that this could easily achieve earnings of between $600 to even $900 million dollars, and believe me I wouldn't blink a eyelid if it came in at $900 million dollars ,and that's without any input from the YPF case at all. those pent up case's could easily add another one off $300 million dollars to this year's earnings, so to respectfully correct you, this could really fantastically fill up Burfords coffers this year, also and incredibly any selling off of any financial part of this big YPF case award could shoot those earnings to incredible highs here, if Argentina had to post a bond of say $600 million dollars, I don't know it's just a guess here, well it wouldn't surprise me if Burford quickly sold off say $300 million on the strength of any big surety bond by Argentina. So as Bigbaggerhungry says here be careful you don't miss the boat here ,
LOL.

Please DYOR GLA

Beech2. totally agree with you here, it's going to be one of the best years on record for Burfords shareholders and the share price, I'm convinced our earnings could get near $8 to $9 hundred million dollars , with the pent up cases coming through here, a £20 share price could easily be achieved here this year, this is one fantastic company to be invested in right now. I'm eagerly waiting on how much the big surety Bond will be, judge preska will surely have to align this bonds amount to the potential $16+ billion settlement amount, so I'm hoping it's in the hundreds of millions if not over $1 billion dollars, Argentina's government / YPF company have posted a surety amount of line of credit of $285 million for that big Maxus energy case, Guaranteeing its liability in that case, so I've no reason to think that they wouldn't put up another large amount of money with our nearing big surety bond, Argentina have recently raised $1.2 billion in the capital markets ,so maybe just maybe this money is in preparation of our large surety Bond amount. The reason I'm eagerly awaiting on this amount is because then Burford has a solid amount of money it practically knows it's getting in hard cash at some stage, and then i it can if it wants it can sell off parts of any award and knowing that this surety Bond is a guarantee to any potential institutions who advance Burford any upfront money from our settlement award. So it's going to be very interesting and exciting this year, can't wait.

DYOR, GLA

https://www.burfordcapital.com/media-room/media-room-container/burford-capital-announces-date-for-2022-financial-results-and-update-on-its-fair-value-accounting/?utm_source=feedotter&utm_medium=email&utm_campaign=FO-05-02-2023&utm_content=httpwwwburfordcapitalcommediaroommediaroomcontainerburfordcapitalannouncesdatefor2022financialresultsandupdateonitsfairvalueaccounting&mkt_tok=MjA4LVVCVS0wMzYAAAGLfXQXLZax98Xm3rEmMOVOBzjyOJlj_08T1RvQfwYpFvtP4K11kMtl7ZcocmpoZVHULf6axEwuqNMA4Nokozz5RgjAwJjE9yHfRHUT0MKH

Lthamigo thanks for that, it's made me very nervous about purchasing with the 212 platform, it cost me a lot of money not to get all my shares in the one go, I trade on 3 platforms, though 212 looks cheap , though it's nearly impossible to work out how much they save you in trading fees, I suspect one day someone will tell us they are ripping us all off inside those share price spreads as that's how they make their money LOL.

GLA

TheTrosky I appreciate all your hard work in putting all that together for all us here or just me, though strangely you have not shown any links to back up what your saying here, if your that categorically certain to what your stating here then please supply all the appropriate percentage links and statements of shares needed for that to actually happen to the remaining shareholders, I suspect most don't actually exist, you came off the other day with you saying the HMRC allows a 90% write off of delisted company shares, and now your changing it to , that was all about a 90% granting to shareholders in healthy companies, " so which is it then" , it surely can't be both, or is that a porky pie here, you need to do your homework better because your post look so elegant professional and believable here, so you see I was paying attention , and if you had paid more attention to your own former post then you'll see your own statements don't actually match up to what you've previously written here.

I don't know for sure what will happen after delisting, though I bet it's not as bad a picture as the one your painting here, though that's ok, it might make people DTOR here for themselves and then make their own minds up for themselves, as all those ienergizer statements have said ,there are all types of risk before delisting and especially after delisting, they make it clear that nothing is guaranteed, though if that is completely or badly true in monetary terms then why did the company say the shareholders are better off in a delisted company, you could be right, this could be a bad deal after delisting, though my money after careful analysis and due diligence tells me that this could very well be a fantastic opportunity to multiply my money many times more, with my investment only tiny in comparison to my net worth, I'm serious when I say my 20000 shares could come back as a £100000 check from anil,, and if not I would reasonably expect around a £4000 dividend check per year, and if not then I'm stuck in a company with 20000 share that one day will need to be purchased by someone for many times more than what I've paid for them, I can afford to wait, I can afford to lose everything here, though that isn't a reasonable assumption to make here, as this whole sector is ready to grow exponentially here, so it's more likely than less likely that I will get a massive check for my shares one day. I'm confident ok, and believe me when I'm this confident I'm normally not to far away from my first thought and observation that this could easily come back as a £100000 check one day.

Though please please DYOR and never ever buy on anyone's recommendation here.

GLA

I don't know if any of these institutions holding these share will hold or sell here in the next few weeks, or have they already sold a certain percentage already, thus the 30p SP low, I'm not complaining as I picked plenty up at 34p on that day,though I was restricted to only 2000 shares by the 212 trading platform, they eventually changed it to only 10000 shares after me contacting them, but in the mean time I bought more on Degiro , I was furious as I had to pay more with the lost time, again I asked the 212 trading platform about only being able to buy 10000 shares, again they said I could buy another 10000 shares if I wanted, I couldn't understand or believe this was happening, that buying delay cost me dearly, still I managed to grab 20000 shares at a average of 40p , I had no idea that the 212 trading platform would have this restrictive buying roadblock in it, I suspect it was the share price collapse that may have caused this , it actually shocked me. and disappointed me. though I got a reasonable amount of these shares and I will consider getting more on any weakness here.

Even at this price does anyone think that Anil Aggarwal or anyone else will offer less than the current share price in any buyout , if they do it will be deemed corporate theft , just grab the dividend if it appears and be thankful we're getting a massive dividend in comparison to the very low share price.

Please DYOR, GLA

I will be absolutely delighted if I'm allowed to keep my shares in this company on a long term basis, and if not then I'm sure the exit strategy will be much more than the average 40p price I've paid per share overall, there could potentially be a huge increase in revenue and profits in the coming years, with artificial intelligence and very substantial B2B new contracts coming our way, we're seeing that right now with more to come in this massively growing B2B sector.

GLA, please DYOR.

Though over 15% of the shares still held by these institutions thus far, so if they continue to hold them they can block any possible forced low share price offer .

Gla

Hereshopin I checked that exact place on ienergizers site last week and it was 11% , and now yes it's 5.5% now, so it must have been them dumping into the market, they are slow at updating these things, now will they keep these shares or dump the rest in the coming weeks, ??? If they do well that would mean a return to lower levels, and if kept then they are taking there chance like the rest of us in a delisting.

GLA

Threeput AXA have very limited room to manoeuvre here regarding their 11% holding, a lot of share owning companies don't hold in unlisted companies and will have to sell into the market, though when you own a massive 11% holding then a quickly convened meetings need to take place to decide what to do about this situation, I imagine that they have decided to
just bear and grin from in this most difficult situation, a hope like myself that the dividend is paid out, for what I've paid its not a sacrifice in any real way. I genuinely feel sorry for any small investors paying top dollar for these shares and only to see them crash like this, I'm confident that a Phoenix will arise from these ashes sooner rather than later, so stay put I say, though don't make any decisions on My say so here,

GLA

TheTrotsky let's look at it like this, if and when Anil Aggarwal takes ienergizer private do you think he will offer AXA £5 for their shares and offer me £1 , ? very very unlikely ,though not impossible, Anil our CEO in theory could mess everyone around for years and pay no dividends at all to AXA or us or even himself, ? !!! Again very unlikely , though not impossible,
It's a case of making any decision on holding these shares after delisting and just using a reasonable assumption to the risk involved here, and with the available protection afforded by our biggest shareholder AXA, they are our biggest protection available here, by virtue of taking anil himself to court in the uk or otherwise , and if should be fail to live up to his public statement around getting a better deal for this companies shareholders, yes he could just be talking about his own selfish interest here, though he's no Donald Trump , so maybe just maybe he has some reasonable plan to substantially enhance share holders financial interest here, why else have we not heard a massive outcry from AXA around the destruction of their massive shareholding here, they must know something will transpire after delisting, and if not maybe they have just accepted that they will get a big dividend twice a year, that would suit me fine here, and as I said sooner or later this company will get taken over by a massively valuable company and probably from America or even India itself, there's plenty of multi billionaires in india that can afford this company.

I accepted your assertion that the inland revenue will accept a reduction of up to 90% of someone's share value in a tax submission, though I would suggest that this is mainly because there actually was a 90% crash in a company's share value, because most delisted companies have failed in some way, and causing that 90% crash in value, though this is definitely not the case with Ienergizer, in fact it's the exact opposite here, this company is thriving and going places, hopefully to a new USA listing .

You say Anil could sell to 3rd parties and then still force this through at a price that suits Anil Aggarwal, well no he can't , because he still can't break AXA,s 11% holding here, why do you think AXA have held that 11% holding here, to protect themselves from this exact outcome. So Anil surely knows that and he will offer AXA and most likely us a better way out to fulfil what Anil says about getting better value from a delisted company, there's no guarantees here, just some share percentage protections, and that's enough for me to sleep easily, so if AXA don't sell at the right price ,then its stalemate here with Anil, I also can't see anil stall everything by offering small shareholders a pittance for there shares, and even if he does ,sure I only paid a pittance for my shares anyway. So as you can see I've removed most if not all of your arguments here TheTrotsky . GLA

I'm not worried about AXA and them getting their money back, because you can be sure they are not worried about my shareholding at all here, only their own, so on that principle I hold and go forward here, though I do want them to fight for all their own legal rights, and in doing so they will ensure that legal right to smaller investors here, ienergizer can simply not just buy out AXA,s shares without offering everyone the same deal in some form or another, through technically they probably can offer a top price for AXA,s shares, as I've said before Anil Aggarwal surely wants to go out on a high with his integrity fully intact here and pay everyone a fair and reasonable price for their shares. Failing that then he must have bigger more exciting plans for this company, and that might even mean a USA listing or even share swap and then made a part of another massive USA listed company, remember that many other big USA companies may not even have seriously considered or offered any offer or any talks or money whatsoever to him as he owned over 82% of ienergizer, so it could be millions $$$ wasted in banking advisors fees on their part. Anil Aggarawal will also know that one of the biggest thing's that holds any company share price back is a massive controlling stake by its CEO, or to that effect anyone, because then there's little or no bid premium in any share price, why bother if it's main shareholder won't create proper liquidity in its shares and not allowing most institutional investors a half decent percentage of the shares, AXA was lucky to accumulate its large holding here, I say that with tongue in cheek because of this share crash and situation. I'm confident they and also us newbies here will come out good in the end here, I'm actually not nervous even in the slightest about holding these share after delisting, though if you need the money and can't risk potentially waiting a year or two then simply sell up and be assured you know what's happening to your money and investment.

All this is only food for thought and not any kind of recommendation to buy or sell here.

GLA

TheTrotsky I can't believe you said that with a straight face LOL , that Anil aggarwal can offer the blocking minority shareholders here 90% less than the shares are actually worth, I'm not even going to asked you to back that up with any online evidence, because it's actually ridiculous to even put that out here, if you had said maybe 25% less I might have understood the cut throat logic of that business decision, also remember Anil Aggarwal picked up a massive special strange dividend the other year, so he should have the money somewhere to buy the remaining shares out if he wanted,

As I said in most jurisdictions you need 90% or more of the shares to force a complete all share buyout.of a company, Anil Aggarwal can't achieve that virtue of AXA,s 11% holding, I do not know if that is the case in india, maybe someone can enlighten me here ,

If Anil Aggarwal short changes AXA here after it stated that ienergizers shareholders are best served by going private then he must then demonstrate that statement and commitment in monetary terms, and if he fails I think he could have a legal battle with AXA on his hands, I don't believe it will come to that, I do think this man Anil Aggarwal is protecting his baby that he's created and nurtured for over 22 years, he knows it's worth a awful lot more money than what the venture capitalists are offering right now, plus he can probably see that what ienergizer is offering to businesses right now is one of the biggest growing services industries around, call centres and B2B help ,and with artificial intelligence changing the whole landscape in B2B companies, with the financial savings for businesses and Ienergizer here, the extra profits with all those savings could be enormous, also ienergizer many companies would be at the forefront of this massive change over, so really ienergizers profits could easily soar during this critical period, so do I want to be out of this company during this exponential increasing new type of work load, absolutely not, I'll be more than happy to just let the massive dividend compound year after year without any reasonable buyout of my shares,

As far as owning these shares in a ISA I would have thought that they might just also delist inside a ISA , though I don't know for sure here, or simply sell in the isa and rebuy outside a isa and then simply hold for the long term as I'm doing.

Anil Aggarawal is incredibly rich and a astute business man of over 22 years here, so you think he wants to go out with a truly appalling reputation that he swindled AXA and private investors out of their true share money, Sir Philip Green tried that stunt, and look where it got him, a extremely badly damaged worldwide reputation, so I'm sitting pretty with only 20.000 shares here at a average price of 40p, so the downside should be very limited if anything went wrong here, if dividends continue then surely 2 years gets my money back again.

AXA, their 11% is stated on the Ienergizer internet site, they seem to be the only other big shareholder here,

Ienergizer themselves have stated that they are setting up a company matched bargain basis/ sell and buy facilitiy for 12 months and this will be reviewed after 12 months,

Ienergizer have indicated that this may or not continue after 12 months, yes this could very well be to scare small investors into accepting a matched bargain price offered here. Though if the remaining shareholders sit tight including AXA then they can't force the remaining shareholders to sell up at a unreasonable share price, though it may not be ienergizers wish to take everyone out on the cheap remember they publicly stated that the shareholders would be essentially better served share price wise if the company delisted , I'm giving them the benefit of the doubt here, though only because they can't force a unacceptable share price offer at the remaining shareholders.

It's in ienegizers best interest to get small investors to sell out here on the AIM or matched bargain basis facility, because that means they or their financial backers can buy all these free floating shares up , and when ienergizer eventually sells the whole of last of company out to venture capitalists , then the rewards could/ should be substantially higher than anything they pay us in any match bargain basis, also remember if they don't sell off anything soon then the only way they can take out another dividend is to pay everyone the same amount of dividends possibly 20+ pence a share ,

I haven't a clue what the share price will do here at any time before delisting, though it may be a reasonable assumption to think that a sizable proportion of small investors will sell out to take their profits or sadly use up their tax loss for next year, so the share may possibly go down somewhat at delisting, though I genuinely don't know for sure ,because nobody knows that. Also there could be a last minute attempt by venture capitalists to come up with a last minute offer ,though as they've already played there hand out here, then that would be much less likely though not impossible.

If you own a valuable asset, sooner or later that very valuable asset will be under real pressure to reflect its true monetary worth in some shape or form, be that cash ,dividends or even shares in another company , I'm sitting really tight for this to happen in one way or another.

Please please DYOR before making any decisions here.
GLA

Even if or when this gets taken private there is still several safeguards for private investors here who are brave enough to part with their money for a unspecified time frame, Anil Aggarwal owns over 82% of these shares ,he needs to get at least 90% of the shares in most jurisdictions to force shareholders to accept any offer he puts to them, and that doesn't necessarily have to be a good offer, so one of our safe guards here is AXA our second biggest shareholder with a mighty blocking 11% holding here, with us the private shareholders holding maybe most of the remaining shares, now that is a reasonable shareholding here to ensure ienergizer and it's BOD delivers on its public statement that they can deliver more value than the £3.50p on offer in the market before the delisting announcement, so AXA and us the remaining shareholders can hold them to that public statement in a court of law should they deviate away from that public pledge, and AXA certainly has the money to take this to court with any failings here,

So I see this as a very reasonable and taking everything or most things into consideration type of gamble here with my money, just think about it, the biggest shareholders here have the biggest and best reasons to monetise the substantiall profits that this company makes, and it does look like a breakup or outright sale to 3rd parties or simply Anil Aggarwal wants the whole company back again for himself, and no matter what way this goes, the only way any of these things can happen is for Ienergizer and it's BOD to offer its second biggest shareholder with 11% of the stock a higher price than it was at /£3.50p though more likely well over £5 a share to properly reflect the company's current earnings now, so it really could pay off big time letting some or all of your shares go into a delisted company, after all it seems as though AXA themselves are going down this route, and they've made no public outcry to what's happened thus far, so I'm genuinely sitting tight here right now and heading into any delisting, and even if the shares go up to £1.50p or more, because they are worth well North of £5 in any private equity buyout company. Even listing the company in America itself should get back much more than £5 a of to its shareholders, whatever way this gets cut here, the value is here for all to see, I'm buying it, I'm holding it, I'm sooner or later going to gain from it.

Please please DYOR, and never buy on anyone's post or recommendation.

GLA

Yes it does show that the highest amount of damages should now be applied when they add up the interest bearing settlement award, the earlier date is clearly seen to apply here , all we need to know now is what interest amount should be applied, Argentina themselves have pencilled in a figure of $8.4 billion to pay out, that should be spot on figure, brilliant news.

A big Thank you to Sebastian Maril, "excellent " work sir.

GLA

This company would have been sold only for the substantially increased new profits, the buyout specialists couldn't pay the obvious higher price for the company as it couldn't be certain that this would be a permanent profits year on year increase, thus everything fell through,

Then Anil Agarwal realized that the company / He himself + BOD/ could realise a better return for the the company if it sold off all or parts of the company itself on a private basis, remember it bought the stand alone company called Aptara in 2012 for $150 million or £120+ million Stirling, so how much could this fantastic company sell for now after 11 years of digital services increases, this area of the B2B business has increased exponentially over those years, so it's only reasonable to assume that this stand alone company within Ienergizer could easily be sold and sell now for many times it's original price from 2012,

So Anil Aggarwal who started this whole company 22 years ago obviously knows it's true worth broken up or sold privately, the shares were priced at around £3.50p recently and even then they were cheap at that price, so he must have a better idea at getting more money than this for his 82+% holdings, so I'm expecting him to probably sell off Aptara and break and sell the company into it's ultimate valuable pieces, that surely could come back at £5+ pound's a share , I can't work out the actual figure , so we must work from over £3.50p. I think Anil Aggarwal has turned down at least £4 per share from private equity , so surely be knows that the company could easily fetch over £4 a share and most likely over £5 a share,

I'm sitting tight now that I've picked up 20.000 shares at averaging around 40pthis could eventually come back at £5 a share of £100.000 for 20.000 shares, this is a brilliant gamble at this low price, with the reasonable worst case scenario coming back at with a 20p dividend per year for a 40p per share outlay.

Remember Anil Aggarwal owns over 82% of the shares and he needs to get the best possible return for these shares, and after working for 22 years to build this company up, so do you think he's selling it off for less than its real monetary worth, I think not, this is a fantastic opportunity here in my personal opinion.

Please please DYOR, anything can happen in share buying, at all times buy/ sell with great caution .

GLA

Ria20 you must be a brilliant artis at some level, that was excellent.

Also my punt yesterday of £3000 has more than doubled and yet I'm not even remotely tempted to cash in, the really big payoff could come in at near the delisting or most likely after the delisting, I'm not joking here, this £3000 I've thrown in our of delisting interest could easily pay me back £30000+ sometime after delisting, 1/2 years even, but these shares at some stage must reasonably pay back what they are financially worth. and that's around £3.50p to even £5 . I'm happy to wait this one out.

Please please DYOR. GLA

JPP8788 excellent information for us all to make a better call on agarwals intentions in relation to ienergizer, he really could make a last minute offer for this company and still snap up loads of the remaining shares, though would be offer £3.50p very possibly, if you want to find out what somebody might do in life, just look at their past behaviours, he can certainly afford it ok, and he probably doesn't want to pay a 47% dividend pay out when we are buying his shares here at 34p , so yes it's still possible he could make a offer and cite shareholders discontent at taking it private,

The reasons he gave to get off the AIM market was ridiculous, no liquidity he said , !!! for God sake he only has to place more of his own shares into the market to create any amount of liquidity, hard to raise funds he says !!! Then who have the company that over a £100 million for the special dividend !!! Just one daft excuse after the next or some might say Lie.

He's up to something ok, so it's going to be a very interesting ride on this roller coaster.

GLA