Member Info for Gtx1

These share look like a steal at this level, though everything must be tempered with overall caution in relation to any unknown risk. Yes I'm staying in no matter what, yes I might buy more tomorrow, though nothing's guaranteed here once this gets delisted, the management can even pay 1p for the remaining shares if they want, though highly unlikely, more like £4 , for a management / 82 % holder , to do this to it's current shareholders, it tells you something about it's integrity and that appalling in my estimation, though that won't make me dump these shares, small wager against a possible very big payout.

GLA

Magmanus will you stop posting useless BS reports, here, who do you think you are the iEnergizers BOD , try and be more useful and stop being a pillock .

GLA

Note,

darn kindle fire ,

Wouldn't you think the brokers more would be shown here , strange that it hasn't, Laura2022 are you telling porkies here LOL.

Magmanus49 my guess is that a lot of these big buys are the strategic institutional sellers who drove the price right down to these levels before they started to pick them up at 34p to deliver them back to the market maker's screen, sell at 68p buy back at 34p= massive profit, there won't be to many private investors or institutions wanting to own shares in a indian owned private company, and nothing officially to go on, that's why we are bere, to read between the lines, and make a instant decision around everything, it's a gamble but a decent reasonable gamble at that. I can't see a loss in a private company at this price.

GLA

I've seen similar situations like this before and the big institutions just dump there holdings and get out ASP, they may not have the ability to hold shares that are not officially listed, this is a potential opportunity for PI and risk takers , though the risk must be somewhat quite low here, the main big shareholder here won't really careless about the valuation collapse as they have probably ligned up a much better exit strategy to get their money out of this company, now can be stay in for this
possible very rewarding ride, only time will show us this eventual outcome..

GLA

I would be amazed if the management of this company have not got someone somewhere picking up these shares at this level to increase their holding even further, they have the money / special strange dividend from borrowings, now we know why they were paying such a massive special dividend to themselves, to pick up these shares for next to nothing with the borrowed money, isn't it a fantastic really cruel thing to do it you can get away with it on the AIM. Bank robbers look more considerate here LOL.

GLA

Clarkcp I honestly don't know what happens if your shares are held in a ISA during delisting, maybe nothing different from the ordinary account, though as that other thoughtful poster says , you can keep them in your isa until you decide what the best course of action is, if they jumped up massively then the isa would be perfect, it maybe exactly the same as being outside your isa, its a indian company registered in Guernsey, so I'm sure you'll have to get some kind of share certificate,

I wouldn't advise anyone what to do with their shares, though I'm happy to tell them I'll hold this small holding of mine £3000 until this plays out into more profit , it might be years or even a nice dividend very soon , I simply don't know, but its a excellent gamble in my estimation, I won't miss the money, though it still could come have as a £30000 return one day. The shares could half again tomorrow, and I'll surely buy more then, I haven't a clue what this is going to do before delisting, though to buy a share at this price in a thriving B2B company seems like a opportunity not to be missed.

Not a recommendation, just what I'm thinking and doing right now.

PDYOR, Highly speculative opportunity. GLA

What I expect from this companies management is this, these venture capitalist have spoken to them and probably said we would like to buy the company at a certain price, the company has said no we want a lot more money now as our profits are soaring, the venture capitalists may have then said we really just want the whole company lock stock and barrel, then we might look at the price you want, so then the company's management have said why don't we just delist and slowly just buy up the remaining shares at a price that suites us the 82% main share holders, we can get it much cheaper and we don't have to deal with these AIM regulations or even some out of the blue offer that will cost the company £££ millions to get ride off, and then we're clear to buy up the remaining shareholders cheaply and then we'll the whole company to the American venture capitalist at a higher price, and then they flogg it off at even a much higher price on the American markets.

That's how I think this will eventually play out, I'm just so intrigued to find out what will happen after the delisting, there can only be a set amount of outcomes, and nearly all them mean a better financial return in the long run, or the company will just collapse into nothing, though that's a small risk here as this company is really thriving in the new age of B2B solutions and substantially higher profits for all these types of companies.

PDYOR, GLA

I'm one to talk, I bought my shares accidentally in my share isa, and had to sell and rebuy them again in my ordinary account. LOL

Clarkcp you can't hold shares in a isa in a private company, I've checked this and it's correct, please Google this and you'll find this to be true. Slap your broker on the cheek then LOL.

ClarkCP. You mentioned you want to put this into a protective ISA or sipps, someone said earlier they had to get these shares out of their ISA because of all the tax and delisting complications, please please sus this one out , a ISA wouldn't help you here unless your selling before they delist.

GLA

I've picked up a small amount today £3000 worth , my very first purchase here , I'll keep it to see how this plays out when delisted, somehow no matter what happens I simply can't believe that it's management and as bad as they are could buy out the remaining shares for less than the current price, if anything they will eventually or most likely pay a really poor market rate ,say £2 or something, I actually don't know if im paying 32p today, and if not sooner or later they will commence paying out dividends again, even if that's 2/3/4 years away, or better still they eventually just sell the whole company to the American institutions, and they rebrand it and when it's American owned it will surely get a 15+ times PE from the American markets and institutions, that's the smartest thing to do with any B2B company, to where the big valuations are, not the UK market, and hopefully anyone holding onto there shares can then still sell them here in the UK through the normal American share buying platforms, just my thoughts there's no guarantees that any of this might happen, though something must happen some time , and that's why I'm having this we gamble on that possible outcome,
Remember if I'm right with my gamble of £3000 , then this could sell for over £30000 one day ,or the price they were before this massive fall, and possibly much much higher if sold in America with a much higher PE over there.

So it's eventually big dividends one day /12/3/+ years a guessing game here.

a complete Buyout sometime after delisting , surely higher than the 34p a share right now.

To sell the whole company off to a venture capitalist company in America, though most likely after they buy it from us at much less than they sell it to a venture capitalist in America. I can see that happening ok.

Either way we will still own shares in a company worth many times our current share price.

If you can buy and leave without being concerned about the money, then isn't it a half decent gamble here in the long run to multiply your money by dividends or some kind of buyout.

Only food for thought here.

Please please DYOR and buy or sell with extreme caution here. GLA

Lost the PDYOR there. GLA

Thanks for that TWT.

I still don't believe that most if not all of these share tipsters have got Burfords future earnings correct / especially " this " year's earnings right !!! . Burfords own business model indicated earnings of over well over $600 million dollars this year and per year without any input from the YPF CASE, and that was without the current coming pent up case loads getting delivered this year, we could easily add on another $300 million or more this year, taking our earnings to $900 million dollars before running cost of around $150 million are taken out, that would work out at $ 3,42c or £2.75p Stirling in earnings this year, though our share price shouldn't really reflect this amount as possibly $300 million of that amount is from our pent up case load and not repeatable in the following years, though it should overall cause or create in general a great enthusiasm for Burfords shares,

The YPF case, I'm hoping that Argentina is correct in their analysis of their own potential pay out of $8.4 billion dollars to burford, surely they should be the one's who should actually know best , as they are the ones who have to officially inform their own parliament and public alike, I'm hoping judge Preska will deliver a very substantial surety appeal Bond here, even in the billion dollar range, with a potentially award of over $16 billion dollars, surly a billion dollar bond would be needed here to ensure Argentina won't abuse the potential lengthy appeals process,

Now I think if Argentina can be made to post such a bond then it's a kind of insurance policy for Burford to then go off and start negotiating a full or partial sell off of the settlement award to 33rd parties , they don't have to wait on the lengthy appeals process of 1 to 3 years. The reason I now believe they will mostly cash in now is that it they can even get their hands on even $1 billion dollars then getting that used in litigation cases ASP can bring back another $300 million dollars or more from that early settlement money, Burford can make it pay and work much better than the banks or institutions that would pay us now, and that could easily happen this year if a big bond is posted by Argentina, a really big bond is essentially a insurance policy for anyone to pay Burford a upfront payment on our settlement award, and that could potentially could easily come as soon as this year, that would send Burfords earnings obviously massively higher here. So most of these share tipsters estimates could be massively well out here in so many ways, the potential here could very easily play out with my reasonable thinking or estimates , if Argentina is made to pay a large appeals bond , then expect my
theory to play out like this at some level, Burford will move fast here, whatever way this gets cut then Burfords shares should be substantially higher here.

Also a big thanks to Sebastian Maril for all his excellent Twitter postings.

P

Well would you want to put in to these shares say $50 million dollars without any exit strategy or guarantees of dividends ? remember this companies main 82+% share holder just took a massive dividend last year , so is that because they did not want the company to pay out any dividend for several years after delisting ? and to put off anyone from holding onto their shares when they try to make any kind of offer to the remaining shareholders and telling them the company wouldn't be paying out any more dividends for several more years even after delisting, that's the posion pill I mentioned in my first post,
The decent thing for the management to do was to just buyout the remaining shareholders at a reasonable price right now, or maybe this could be a ploy for shareholders to accept a very basic offer now or they will still delist, wouldn't anyone bight their hand off for £2.50p or £3.00 now ? and I don't mean buyers at this low price. The original price. Also remember the management have all that free money they paid out to themselves from that big fat special strange dividend, surely that money would strangely enough buyout the 18% of the shares they don't already own, nudge nudge wink wink , when you own over 82% of a companies shares the temptation must be enormous to get the whole company on the cheap. So now we have some questions and accompanying answers. Only food for thought,

Buy or sell with extreme caution here and good luck to everyone.

I'm not a holder here.I

I've never ever seen such a company scenario as this one, it's extraordinary , over 82% of the shares are owned by the management, I strongly suspect the management will very easily take this private by virtue of their overwhelming ownership of that share percentage, so why would they do that then ? That's the question in people's minds, did they put the company up for sale just to find out how high any bids would come in at ??? and maybe allow the management to say the bids were not high enough with the excellent trading right now, and then they say we will just take it private after a year or so, and after it goes private the management are then free from market regulations regarding the price they want to accept for a management buyout of the outstanding shares ,? How convenient , as I've seen numerous times before the management can offer much less money for the outstanding shares, shareholders have no choice but to accept what they offer or just get treated even worse until they do eventually sell up. you can do that when you own over 82% of the shares in
a delisted company, though for anyone with a strong stomach it could also possibly and only possibly prove rewarding if you bought now and accepted the" possible" higher dividend in a delisted company, though you would be at the mercy of its management and any dividend policies, I suspect that big bonus dividend payed out last year with borrowing put onto the balance sheet , might have been a poision pill against a ordinary out of the blue cash offer for the company, or cash advance for its management to help take the company completely private after it's delisting. Either way it's a very speculative situation here, at this price it could be good if you can wait for a year or two for the management to make its offer for the outstanding shares, and if not maybe it might pay a excellent dividend, though nobody's going to convince me that the management are decent people and they didn't know all this would seriously and financial hurt innocent investors, they obviously don't care, so if they don't care right now will they even care about the remaining shareholders who wouldn't sell out here and stick in a delisted private company ???. So many questions and not enough answers , though on the balance of probability I would say it's possibly worth a "we" punt to stay in after delisting and see if it makes more than today's share price.

PDYOR, Very Highly speculative, GLA

https://seekingalpha.com/article/4595477-burford-stock-clear-value-beyond-eton-peterson?mailingid=31244546&messageid=must_reads&serial=31244546.3976744&utm_campaign=Must%2BReads%2Brecurring%2B2023-04-21&utm_content=seeking_alpha&utm_medium=email&utm_source=seeking_alpha&utm_term=must_reads

A nice we recap of everything, and also showing how completely wrong carson block was with his accusations and attack on burford.

https://m.youtube.com/watch?v=tilDGXDS45s&t=612s

Could I have jumped the gun there, surely is that around or just over the time that Argentina have to decide if they want to appeal this case anyway ,? and the damages would only get decided when the proper witnesses got assembled for judge preska anyway ? Well whatever this is all about , that $1.2 billion dollars is to coincidental to ignore under all these current circumstances, it's made me a lot happier tonight.

GLA