Member Info for Gtx1

That's more than interesting sebastian maril, and thank you sir for waiting and getting that brilliant information for us all here, and thank you TWT and mrmarroc,

This looks extremely promising indeed, maybe just maybe Burford have offered them a excellent no appeals deal to close this whole thing down early, it normally takes around 3 months to conclude these types of deals and that's fast, so I'm absolutely delighted that this could possibly get sorted very soon. Let cross our fingers , just brilliant news, thank you again to everyone and especially Sebastian maril. Can't wait to see how the market interprets this on Monday morning.

GLA

If we could only find out what a reasonable or average surety Bond would be for our settlement award, I myself was thinking about $50 or $100 million , though I've no clue about where to start there,

Argentina needs large amounts of money to pay out to creditors and debtors.

Though wouldn't it be nice to go to bed thinking that all that money was for just our surety bond alone , and knowing what that would do for the market's confidence in Burford and it's shares. The timing is excellent if they have been told today that any surety Bond would inevitably be around that figure, and with that size of a surety Bond completely relaxing Burfords BOD about getting a decent pay out, and maybe even encouraging Burford to even sit tight for another 18 months of appeals to collect the full amount. It's only a guessing game here though the timing is far to coincidental to ignore.

GLA. Only food for thought here.

Still no news from that court, maybe that's a good sign, in the meantime this should make nice reading and just out today.

https://www.undervalued-shares.com/weekly-dispatches/9-opportunities-in-litigation-finance-defaulted-debt-and-expropriation-claims/

Sebastian Maril states it's a 15 day extension here and highly likely at that. that definitely sounds like a better number to me.

GLA

Probably today we will hear something, though Argentina have the legal right to ask for a 30 day extension before submitting there answers to the course of actions that they want to pursue, IE appeal , negotiate with Burford and hopefully after we get a settlement award figure, the setting of a appeal award court bond amount etc, most likely we face another stalling tactic from the other side in some way or another.

Though a settlement figure would keep most of us here happy for a we while, I would guess we’d here some kind of news from the court today, though not necessarily during our own trading hours here.

Anyone please feel free to correct me on anything I’ve written here.

PDYOR. GLA.

Two seperate pools of shares are traded in each country, though on occasions the market maker's can electronically transfer there shares either way to help for liquidity, there is quite often temporary price differences,

And no a American buying in America won't be buying from UK citizens. I hope that helps a little, I'm also open to any corrections here.

GLA

Well jammyC a unexpected honest question deserved a honest answer, I'm baffled why you think 36000 shares is unexpected news from me, there's quite a lot here that have many more shares than my holding, save your £100 quid for FFC 's coffin ,and remember to put it in his big mouth LOL. And good night now jammyC.

GLA

FFC well you hold on for that £100 and tell your family to let me know when your funeral is, a I'll put that £100 quid into your coffin for you, because that's the only £100 you'll see here in your life time, but good luck, stranger things have happened in share buying.

GLA.

Beech2 How many shares I hold is something I have never revealed to anyone no matter what company shares I've ever held, though your question seems frank to the point and above all honest, so I hold 36000 shares in burford, though don't ask me about the percentages of all my other shares I hold, I simply don't know, as they are in numerous companies and other share dealing companies and platforms, even one that isn't even on a platform LOL / long story. I wouldn't sell them as I promised myself I wouldn't no matter what, good long term very safe solid holdings.

SEC, I'm not concerned there at all, the SEC should really have every litigation funder in its office to establish a fair reasonable accounting standard, it's never going to please everyone out there, especially Carson Block !!!
This big win on our YPF case should backup Burfords modelling around fair accounting practices,

Your purchase of Burfords shares at £10.30 wasn't a bad move, just untimely in the context that they were much higher and will eventually go much higher than you initially paid, dare I say it you'll probably thriple what you paid in just a few years or more, that's overall a excellent investment if not a somewhat longer stressful investment, any good investor could have made exactly the same decisions there ok.

As far as the investment criteria goes here, I'd recommend just trying to work out what the company can make in very basic earnings and one eye on any ordinary debt levels ,and multiply the earnings by 10 PE, and anything over that becomes a great bonus, I'm genuinely not hung up about getting a 15 time PE at all, if we get it brilliant, if not no problems.

I tell you what I think, I'll tell you what I'm even doing, but I won't tell anyone to go out and buy on my say so, that's just crazy, everyone should trust in their own personal judgement after DTOR.

As JammyC essentially says, only buy what you can afford and live with, / stress and getting your sleep, and yes 55000 shares would feel like being a millionaire to smaller investors. To the wealthy it's just digits on your statements until you lose it somewhere.

PDYOR, GLA.

TWT I'm guessing your not already a millionaire, though that size of a holding should enable you to become a millionaire in little over a year or so, for me ,it's there to easily see ok, the shares I've held and sold that if held would have made me a multi multi millionaire, so please sell any amount after great consideration , like myself you've done all the hard work, and now it's time to sit back and rake in the money over a earnings enhancing few years,

Nobody knows for sure what lies ahead for any company and it's fortunes, though this is as clear a picture as I would ever want from a large monetary share investment, Sebastian maril can only speak from his extensive journalistic experience and knowledge, so I'm always at pains to even challenge his excellent Twitter statements,

I will say this through , I could be wrong here, it's just that Sebastian stated recently that Judge Preska wouldn't give a financial judgement to the actual amount of any award, to stop burford instantly trying to collect that award, judge Preska
might not have been able to give our actual award amount because in getting that specific information she would then have to approach the Argentinean council / lawyer's/ YPF company/ or political establishment, to approach them about what formulation/ exact time frames / dates etc should be used or arrived at, and that would alert them to the knowledge that she was definitely calling a judgement against them, then they would be privileged to that secret multi billion dollar judgement outcome against them before anyone else, she simply couldn't give that information out before she's ready, so now she's had to delay that judgement award until she can freely gather all that information from the Argentine side before she decides on the actual formulation used and size of our award . Thus this settlement amount waiting game.. I cannot see judge Preska manipulate this court case because she wants to stop Burford from instantly chasing after our settlement award.

Right or wrong it's Only my thoughts around this specific issue.

On the laws of probability and on the bare facts alone , I'd say Burfords fortunes and share price will easily more than double in or around the next 12 months .

PDYOR, GLA

I guess not , I put £16 to £25, I think you wanted £100 you stated before , now I wonder who will be nearest here ?

OMG £100 really , I guess a broken clock is right twice a day as you keep reminding everyone here, everyone can put whatever they want into their post here, unless they are being a di*k Head* or abusive to other Posters , FFC mind your own business and avoid anyone you don't agree with here, it's that simple and easy. Just Block if you don't like what you read. Respect others the way you want respected yourself. It's not rocket science.

GLA

Burfords share price should be around or over £16 Stirling this year and also without any input from our YPF case,
and also without any input from our delayed pent up pandemic case load,

Our basic with no extras at all *** earnings should come in at over £1.64p

I honestly can't state this enough here, these types of opportunities don't come to often here, Burfords modelling indicates this basic earnings outcome, the number of case's to be heard or concluded here this year indicates even a much higher outcome than £1.64p, Burfords YPF case win and last history indicates a very substantial possible partial early selling off of this big litigation case win, every possible great indicator that any investor would want is right here to see, and yet our share price is unbelievably sitting at a give away price of just over £10 I honestly can't believe in this situation I'm looking at, at the end of this year I'm due a exceptionally large amount of money from a family will bequest , and honestly I'd put every single penny into this share situation with burford right now, I'm that confident in my very basic share price prediction for Burfords shares to at least double in value this year, all my sums are very conservative here and yet the basic earnings outcome puts these shares at a much higher price without that YPF case win,

What does it take to show new investors here, that this fantastic opportunity is just sitting and waiting here to be capitalised upon, if Burfords share price was £25 in the next 12 months I wouldn't be surprised at all here.

Please DYOR, only my genuinely held belief, GLA.

Yes totally agree about that opening ok , though I will be absolutely and genuinely astounded if Burfords shares are not at or above £20 when our full years earnings come out and total up here. And that's the beauty of studying and understanding Burfords true underlying potential here,

PDYOR, GLA,

Hopefully we can say hello to more than £20 this year , though I'd be surprised if it came without any further good news,

GLA

Investors chronicle this week ! Again no mention of Burfords multi billion dollar lawsuit win, !!! Truly unbelievable , maybe
it's because they didn't even mention the possibility that Burford " could " even win that massive reward for loyal shareholders, what a opportunity IC missed here to just put that opportunity out there for its own readers. Maybe that will teach them to be more mindful when being so literary hostile or small minded towards Burford or indeed any company.

Artem Folkin he has a excellent all round grasp and view on Burfords past and present history, genuinely well worth listening too if you can easily understand his language translation oddities + you may need a really big box of popcorn and a drink or something, LOL , He's a great intelligent observer of Burford ok.

So our shares should clearly say goodbye to £10 tomorrow, and onwards and upwards I say, more brilliant news will just keep coming out of Burfords business model this year and beyond.

GLA

I would agree to all that,

This is were my basic expectation around Burfords earnings this year and a reasonable pay off from our YPF award could come in here, I'll try my best to keep it simple and fair valued here

Earnings without any pandemic money coming in, and after tax and expenses, $450 million dollars earnings minus 21% American corporate tax ,is approximately = $3.55 million dollars, divide that by our 219 million shares = approximately $1.62c , multiply that by a low 10 times PE , that = a USA share price of. approximately *** $16.20c ***.

Let's be conservative here, say Burford sells our YPF award for say $2 billion dollars quite quickly to the hedge funds, that's achievable ok and quite quickly I'm guessing, it's a reasonable assumption, then that puts another $9.13 c onto Burfords share price and valuation,

So we have a quite low very basic reasonable sum of the parts to consider here, $16.20c + $9.13c adding up to $25.33c and that converted into Stirling = £20.40p by the year end here,

*****VERY IMPORTANT *****
That's all on a very low conservative calculation here, if anything these figures should come in at a higher level than this,
The missing pandemic earnings should show up this year + Burford may very well easily sell the award for a higher amount, and the American markets could be so impressed with Burfords credibility at winning such a large settlement amount and then maybe Increase Burfords price "PE " ratio, that would inevitably increase my basic share price calculations just above here.

All these calculations here and even before on other post cannot be to far away from the actual earnings outcome, if anything it's more likely the higher figures will come out on top here, so a low reasonable price of

So what ever way we cut this financial cake here it's always going to be a much higher share price in the coming weeks months and years.

So £20.40p is the " very basic " share price I'm expecting here by the end of not before, this is only my basic and obviously not factual estimates posted here.

Please DYOR GLA. Have a brilliant Happy Easter everyone

Don't forget the after hours dealing in Burfords shares , they are now $12.48c = £10.03 Stirling, pence, anything can change here LOL, Have a great Easter everyone .

GLA

I don't see Burford having any real problems in raising cash at all, they have pushed back on the substantial seemingly endless pool of funding money from the secret sovereign wealth fund country, only because it can keep even more of its profits from it's cheaper borrowed money, I'm quite comfortable with Burfords current borrowings ,as it's essentially put directly into litigation cases that have been scrupulously and extensively screened for a case winning outcome, that percentage winning outcome runs to around or just above or below a 90% outcome, that's pretty high by anyone's risk assessment standards or outcomes, so there shouldn't be to much worry or anxiety around Burfords equity to debt ratios here, that said the main risk I would see would be the strength of the banking fraternity, if we put hundreds of millions of dollars into a case and our target litigated against company's bank collapses, then so does our investment, though that financial risk gets cushioned if we collect a few billion dollars from our settlement award. Burford will be so strong then that they can boldly go where no other litigation funder would dare go, that's the beauty of having a stronger robust balance sheet, thus my desire for Burford to beef up our balance sheet ASP,

Here's another thing, if Argentina owns 51% of the YPF oil and gas company , why can't burford and others go after Argentina's percentage in that financial asset ? , there's probably a good reason if it cant ?, another one, why can't Burford go after the overseas tax money from the Argentine companies listed in the USA, that is after they pay their American taxes, again maybe there is a excellent reason that can't happen, ?

Most of the expert's think that Argentina will appeal as usual, if that happens then I'm guessing burford will quickly start the process of selling all or percentages of this YPF case to hedge funds , and probably the hedge funds who bought into the YPF case in the first place, I think there was around 11 buyers of our YPF cases outcome.

Thank goodness those shorters have gone, though burford could be a easy target for them in the future, it's perfectly legal and acceptable practice, though it's also a painful way to destroy investors confidence in any company, though for now they are gone, hurray LOL. It's one less climbing obstacle for Burfords share price now.

Please DYOR, GLA

Yes that's a excellent astute point you made there JammyC, with inflation rising and America and most of the world raising banking interest rates ,then bond yields need to be higher to keep bond holders interest on par with other good paying interest paying investment vehicles, thus it may not be possible today for Burford to raise capital at less than it's current bond interest rates, if Burfords can put any amount of settlement award into new litigation cases , then it can still make plenty of money from the bond funding money and still make a sizable profit for us it's shareholders, I would dearly love Burford to push ahead and just take on more or higher amounts of litigation cases and keep Burford ahead of it's closest competitors/ OMI etc. This settlement money albeit most likely a institutional financial advance on our settlement money could quickly get Burford motoring ahead of it's competitors, that would do me nicely,

Renegade yes the Yanks should in the near future out number us uk shareholders ,with the knock on effects of burford aligning closer to the American reporting accounting standard's, hopefully that might just get Burford on a 15 times PE ,though I won't hold my breath on that one,

Please DYOR, GLA

Da_Master redeeming a lot if not all of those bonds would be prudent move by burford, if only to raise more money at a lower new bond interest rate, thus the excellent opportunity to purchase some of those bonds that might get bought in by burford at there original selling price =£1 possible quick profit there ok for a early redemption, I did note last year that one of our senior executives bought plenty of those American denominated bonds , maybe he thought " or" knew if we win the YPF case then Buford would repurchase those American bonds giving him a excellent early profit, he can't be accused of any wrongdoing whatsoever as he's not giving out the YPF verdict by the courts. Da_master I also thought seriously about purchasing those bonds, but my own self belief told me to purchase more Burford shares and potentially make a much better profit, so buying more Burfords shares at £5 made that decision a good one.

Please DYOR GLA