Member Info for Gtx1

Isn't so so sad that just one negative poster can cause so much havoc on a free public investors forum, and it brings out all the depressive negativity and actions in others , and to think that it only takes one second to block someone and never see that poster again, that's why it's there, it's used hundreds if not thousands of times here every day to block people here.

TWT I consider you to be a excellent thoughtful respectful poster here, and thank you for those kind words, I can completely understand your wish to give this forum a break, sadly that's the result of others with negative energy and little tolerance to other posters posting here. It's happens every day across these forums, and it will never stop.

I really appreciate the excellent poster's who really dig out important information just as we've just seen with renegade, yes renegade I agree with that, if there was going to be oral arguments then they would probably have been agreed on to take place by now, though I guess anything's possible.

The share price BBH, it's really hard to tell what it's going to do, either way, with a win or without a win, or before any judgement arrives, with a win , well I guess TWT would be near that call with a 30% 40% initial surge in the share price, and maybe profit taking that takes the shine off that initial surge until things become clearer, even if Burford gets its win, it will still be difficult for market makers to properly price our shares, that is unless there's a negotiated settlement agreement ASP, that could definitely happen ok.

The very fact that Judge Preska hasn't called for oral arguments before now , or yet , could mean that she's fundamentally made her mind up about the rights and wrongs of this case, and most likely in Burfords favour, and that could imply a early decision from her office. If she needed more convincing either way wouldn't she invite more evidence by way of oral arguments by now ?. It's all conjecture by me here right now , though food for thought.

I think the best way to achieve a happy positive Buford forum is for everyone to be tolerant of other people and poster's they don't agree with. that also makes for a better work, home and family environment.

GLA

Yes TWT I'm also extremely happy and buzzing as you say, and I'm a sure youonly is feeling the same way, youonly is a good poster on this forum and normally has excellent content, it's so easy to start off a post and forget what you wrote along the way, I'm guilty of that myself more often that I would care to admit to. LOL , how many times have I changed my future share price ranges and targets LOL.

What launches a companies share price upwards is a good basic investment opportunity / the billion dollar YPF case + a fantastic number of other litigation cases , with a companies share price that has been overly battered by spurious allegations, when you get enough people to rave and even rant on about this potential opportunity then others look in on what's being said, if it seems positive then people DTOR and buy, or simply jump in and properly research afterwards, if you get negative posters always jumping in at any sign of any positive newsflow , and pouring cold water over the flames of that fire,and then that can easily put that enthusiastic fire out , and even drive the share price down, it's normally disgruntled older shareholders who've bought at much higher levels and can't cope with other people's good fortune, that's life for you, I've seen it countless times before on the forums, we've all probably seen it ,

TWT you think Burford may drift downwards next week ! LOL, well it's went up around 4.2 percent last week, that's brilliant
I don't know what the share price will definitely do on any given day or week, if I did I'd be a billionaire LOL. With this Ukrainian war going on and inflationary pressures raging anything can happen at any time, it just takes one bad call and we're all toasted, financially and physically.

This huge YPF case may probably be the biggest Burford ever gets its hands on at such a low entry price. and after it concludes after saying that, I actually wonder if shareholders have anything to come back on here to discus and talk about, the majority of case's are completely private and will not be spoken about, though the future and much higher earnings should be plenty to rave about here. People like to hear other's share price predictions so they can run the numbers through their calculators and see how rich they'll Become in the future, that's just brilliant, and it makes most people happy and including myself. That's what I want , to be happy and make others happy if I can, life's to short for anything else. Good luck to everyone here and hopefully Burford can break the £10 barrier next week or the week after LOL.

Youonly. I'm unsure or confused around your post, you state of course they won't pay, they have 6 other icsid arbitrations
against them in progress, and are currently have international assets frozen, +++

And finishing off with , should they loose they will likely settle,

Do these two things not conflict with each other !?

I understand your frustration, you see the state of Argentina's financial position and all these unpaid international bills and you think how will Burfords get any money from this country in any court and settlement process,

It's easy , If Argentina wants or needs to, it can very simple print off / create electronic national sovereign bonds to anyone, and the only thing it has to worry about is paying the interest rates on them bonds, they have bonds with maturity of 2035 and 2046 and now sinking below 30 cents to the dollar, that reflects the fears around defaults on interest payments on these bonds, there will nearly always be buyers of these bonds, but at different discounted rates. Junk bonds come to mind here.

If the political will is there then the bonds get paid out, though burford like repsol will probably need to just keep getting enough bonds / printed / created by the Argentine state to recoup the agreed amount of negotiated settlement money. I can completely understand anyone in absolute awe to the shear magnitude and size of billions of dollars of a settlement amount. and someone having to actually pay that sort of money out, it's a staggering amount of money, though it can be electronically created in just minutes by the Argentine state. and sold on at a discounted rate to American and international bond buyers, and knowing Burford has numerous bond buying institutional banks and investment houses invested into this lawsuit, then Burford has a ready and waiting market and buyers for these bonds,

So hopefully Argentina and it's Senate get the political will to permit the paying of any potential settlement, and also I observe it's current prime minister seems a rational level headed person to deliver all that.

Any type of decent settlement amount will do wonders for Burfords reputation and is it's loyal shareholders.

It's going to be a fantastic exciting month or two for us here , and I'm so so happy with everything Burford has created for us it's shareholders. Let's hope we're at £10 by next Friday LOL.

GLA

Youonly I can agree with you to a certain point, though look at it like this, if someone took say $5.6 billion from you, would you not deserve to retrieve that loss and amount of money any way you can, because legally that's exactly the the way judge preska will look at this case, not that Burford bought it for $15 million dollars and then financed it, if we win she's legally bound and obligated to establish the financial loss and cost to the legal owners of this case, which we all know is Burford, should that be $18 billion or £1 billion so be it, the reason it's good is that it's a potentially really high settlement award, and that the world's press will run and run with this really massive top headline story until Argentina is seen to at least try to negotiate any type of reasonable settlement of a court lead award, now if we got a award of say $12 billion ,wouldn't Argentina be much happier to just pay out say $3 billion in there national sovereign bonds , and tell it's own people they absolutely refused to pay $12 billion and got away with just $3 billion, the higher the award the more money we might prise off them, though I also agree with you youonly here, I'd be happy getting any decent amount of money into Burfords coffers and our full legal cost back to see the back of this amazing case that hangs around burfords neck like a albatross.

I wish the summary judgement would come in for us in one month, and as TWT states and quoting Sebastian amaril, though I suspect it may take much longer,

I truly don't think Argentina wants this case and judgement hanging around the world press to long ,as it won't look good for Argentina's already battered reputation and further driving away any confidence with investor from it's shores, never mind it trying to at some stage renegotiating it debts again, I actually think it's plan is to create huge debts with borrowers and then scare them at some stage with defaults and non payments into reducing those debts or even them themselves getting 3rd parties to buy there own debts at 20cents to the dollar and then cancelling that debt themselves, isn't that what normally happens with countries that are going badly. !!!

Burfords will definitely win and collect big, though everyone's big is different, I bought at £3 and I'm certainly not complaining.

DYOR. GLA

Good post pennylots , that post form renegade is excellent , though not because it's numerically accurate with those figures, but because it in itself stimulates interest in Burfords potential and future prospects, and it's bang up to date and current reading, it's what I would expect from a journalist that hasn't truly or closely studied the subject matter enough, though in itself it's a basic and reasonably quick summing up of events, and possibly enough to get some other investors interested enough to DYOR and get to a more accurate figure,maybe like my figure that was taken from the official table that was posted here some time ago.

In my post that $13.2billion was at 6% interest , though the $15.6 billion was from the 9% interest part of the potential damages.

Here's my thoughts, I truly feel burford will win this easily enough, bar any throw of the dice of Argentina to delay proceedings with a trial to decide on the formula to find the settlement amount, it's really just another lawyer lead delaying tactic, that's why they're there to make more money for themselves and save Argentina from paying out to early and to much interest on any settlement amount, we all know Argentina is in bad shape right now, and that's putting it kindly, they had a couple of good months of foreign income this year around may , but the people are getting really angry at the cost of basic food item's and their inflation is at 60% , though most of the world's angry for the same reason,

None of that is our problem of our fault, we all have our own problems, we/ Burford own a lawsuit and all rights to retrieve possibly $13.2 billion ++ with interest for money they stole off YPF shareholders and effectively that is now Burfords shareholders, they didn't give a dam about those innocent investors losing money, / us, they've made a monumental corporate mistake here and on numerous occasions, and that's why judge Preska absolutely could not have any reasonable grounds to not fully compensate burford,

If we do get a settlement of say $13.2 billion , yes Argentina may balk at paying that amount, but only because the Argentine people would go crazy in the streets because of their food cost problems, so I'm confident they will negotiate substantially down to a very nice amount of money that Burfords shareholders would be happy with, not ecstatic, but happy, and to potentially add on say £12.60p to our share price, they can print sovereign bonds off to that amount if they choose to do so, in fact it's probably the only way we might get paid by them right now, and all they have to worry about is the interests payments on them Argentine bonds, and by that time we will have that money employed into numerous lawsuits and cancelling our own debt bonds, with the YPF case in our back view mirror. With the whole investment industry jumping on board Burford for the next big lawsuit case, and pushing our share price towards £30+++ DYOR.

When Burfords concludes our YPF case, and with a near certain win, and also backed up by numerous leading world expert market observers and organisations, then burford could be sitting on a court awarded paper judgment of between $13.200 million at 6% damages to $15.598 million damages, now if Argentina doesn't wish to reasonably negotiate on these sums , then burford will have these multibillion dollar awards owed to them and sitting on there books to be paid , and ready to be collected in numerous different ways, granted because of the size of the awards it would naturally be more difficult to collect this all in one go, and Burford needing it's own expert in-house team to set out it's plan to seize Argentina's assets from around the world, as we've seen demonstrated in that Russian divorce settlement, and netting Burfords around $160 million dollars, if a negotiated settlement is not agreed on , then we can hold onto the top settlement award for up to 20 year's, being renewed every ten years, and also keep collecting Argentine assets wherever we can, America has some of the strongest signed agreements with most countries to collect American court awards, with reciprocating access to the American legal system and collecting processes, that means Burford could easily sell large parts of that award at the obvious big discounted rates, just imagine having a court award on your books of $13.200 million dollars , and owed to your company / burford and which is valued at around or under $2 billion dollars right now, that's a incredible achievement , if burford doesn't sell part or all of the award on , then it can keep seizing Argentina assets for 20 years and holding onto the full settlement amount of around or at least $13.200 million and marking it down accordingly when it gets its hands on Argentine assets.

Now in saying all that and going on Burfords past risk assessment protocols, and delays to settlement negotiations, then it should be a partial sell off of that award , and still carrying on for a amicable settlement agreement amount. If I were Argentina I wouldn't mess about with burford and it's expert team of settlement collectors, just look how they chased that multi billionaire Russian divorce settlement, and gave that man numerous sleepless nights , and as I said at the time, his own son living in the UK was his Achilles heel to bringing him to the negotiating table,

I just cannot wait to see how this all plays out regarding the near certain YPF win ,and top end award and also Burfords well thought out private and obvious secret plans to collect on any YPF award.
Yes exciting times ahead, £9 this week hopefully over £10 next week, onwards and upwards we push, there's no justifiable reason in my eyes this should stop before we get to a much fairer market price of around £14 right now, the potential here is really substantial.

DYOR, GLA

The market's supposed to reflect a companies prospects in its share price for anything up to two years ahead, though burford is a complicated one to price accurately.
I agree with olderandwiser Burfords will need to demonstrate with its physical earnings to convince the market that it's on track to meet its business models future earnings and targets, when your cherry picking the best cases, does anyone really think that burford won't hit all these targets, it will ok,and when it does then probably only then will the markets get there eyes opened to the huge potential of this litigation funder and titan of a company.

Renegade thanks for that Golden cross post, I'm sure Burford will power ahead in the coming hours days weeks months and years, the market makers need more future earnings evidence to mark our shares higher without any substantial buying,
I reiterate our shares are still not fairly priced considering the huge future earnings and potential massive YPF win, even the American markets share estimators are saying Burfords shares are currently 50% below fair value, that's absolutely correct and even before YPF is even taken into consideration here.
I genuinely say this , these shares are still a steal at this price, because they will still double in the coming 12 to 18 months and without any windfall of a YPF case. that should naturally safeguard investors money and not having them looking over there shoulders at every drop of the markets, and to even disregard any YPF outcome. That's why these shares are still a steal at this price and even higher . This share could be £16 or £20+ inside even this year, yes this year, should YPF win then the markets and investor tipster platforms will home in on burford and proclaim it can fulfil its £$2.1 billion of earnings over a 3 year period.and without any YPF input. That means our share price could hit those high touted SP highs .

I personally have no doubts Burford we will near enough churn out those projected huge future earnings and a accompanying much higher share price.

DYOR, GLA.

Yes BBH that £21.29 looks brilliant in my eyes, and as TWT says don't forget the vintage cases, which could/ should add on at least $1.50c of future earnings to the settlement money with a 14 PE giving us a at least $21 dollars added together we get in Stirling a share price of £27.99p , this should fluctuate upwards, though I would say that LOL , these are basics earnings calculations, though we must not forget all the pent up delayed earnings over covit 19, that may inevitably be very high and come in at any time in the next 18months, this huge delayed earnings bonanza would probably confuse the investment community in accurately pricing Burfords shares, though in saying that they will have to still mark them much higher , no matter what happens with YPF case, these shares must , yes must at least double if Burfords proven business model fulfils its expected return on its deployment money, and completely without any input from the YPF case, that's why I'm happy to rave about this companies future earnings and prospects,

Also remember Christopher Bogart our CEO has no objections to anyone entering this sector, because there's numerous billions of work available for everyone , and continually growing year by year, the new smaller entrants are also helping to open this huge market up, Burford turns down around , 93% of work offered to them, the quicker burford can build up its balance sheet with its own money, then the quicker they can increase the risk to a slightly higher level and even plunge into that remaining 93% of litigation work turned down, at the moment they are simply cherry picking the strongest cases right now, that's simply a very cautious risk management business model at its very best. and we the share holders will get very rich on the backs of these very well educated smart lawyers, they are simply brilliant and very smart opportunistic Lawyers that represent us shareholders, that will do me nicely.

DYOR, GLA

Good find renegade, smart investors quietly increasing their holding, steady as we go upwards, can't wait until we get around £12.60p per share added on top of our current share price from our nearing YPF judgement and settlement money.
Burford capital will be the litigation worlds king on the hill after our YPF judgement. Bright sky's lie ahead.

DYOR, GLA

Another bit of information about our old friend Carson Block / muddy Waters, he doesn't seem to like working in his own company this weather, he's a bit too stressed as the USA justice department are still investigating his company and other's around any potential illegal activities regarding market manipulation of his target company hits, in other words it's his time to sweat when being on the receiving end of a outside party sting/ the justice department, if he's crossed any illegal line and worked with 3rd parties in sharing information before his crippling reports come out to sell company shares , then he's in very serious trouble, and if not , then he's still got a lot of sweating to do before the justice department finishes their investigations, these things can take years before concluding, now he knows what his target company directors go through while they try to clear their names or collapse, he's sweating ok from the many articles I've read, I'm sure of that, I've heard that most Doctors go through a absolute traumatic experience when being investigated by they're own watchdog the GMC, and the same goes for the inland revenue , when just asking you for a complete audit of your tax returns, you just never know the minute, Carson Block won't like the tables turned on his organisations, to close to home. Karma comes to mind. carson just being investigated must surely balance things up in investors eyes to burfords benefit, let's hope he's crossed that line and pays for it, as I've said before when your making money doing what he does, it must be very very tempting to cross that line, or people working for him or connected to him, the justice department are going through everything emails, texts, phone numbers, you name it , they are looking for anything to stop these types of companies from essentially ruining good companies like burford capital.
It's no wonder carson Block has stated he's wondering if it's all worth the trouble any more, sweating or what.

Check out the articles on Bloomberg .

Good night everyone , GLA

Sorry serious miscalculation there LOL.

Add 17.72p to £12.60p settlement money and you get. £30.32p Stirling share price, yes that's what I think we should be sitting at after a YPF win and ordinary low earnings of $1.50c in just a few years time. Sorry about that calculations blunder, I actually think that's a reasonable low estimate after a near certain YPF win.

GLA

I believe the interest of American or otherwise innocent private or otherwise investors trumps any right of Argentina to withhold full compensation back from investors, it doesn't matter that these investors are gone / sold their rights to the case ,and Burfords now legally holds the absolute legal rights to this very important case, this will determine whether or not any foreign governments can repeat this atrocity to innocent investors, it simply can't happen again, and judge Preska really has to rule in Burfords favour, Argentina knows what's coming here ok, their legal team would have advised them accordingly that Burford is nearly certain to win, and it's all about the settlement amount and how to drag that out to get burford to accept a repsol amount of money or even lower,

For anyone to sell now or even later could be a bad calculation of judgement, why ? Because no matter what happens here burfords share price should still at least double without any YPF case, and due to its future earnings over the next few years, bad recession or not, in fact a recession will really boost Burfords workload and coffers, that's Burfords CEO saying that ,not me.
We can all guess to burfords share price in a couple of years, everyone's guess is valid in some way.

On a basic level I see burford earning at the very least and out of court slow downs and also without any YPF input , at least $1.50c in the next 18months equalling 10 PE $15 dollars or £12.66p and in saying that the average across the board American PE is around 15 PE , Buford may sit or should actually sit on a 14 PE or higher, equating from the above earnings, a UK share price of £17.72p

Now add on a reasonable YPF win of $3600 million / all our own full 60% and out of a $6 billion dollar settlement amount and then converted , then we could add on another £12.60p Stirling onto today's share price making £21.48p and actually reflecting TWT's and others estimates here, these are reasonable and even low figures here.

Believe me to be in a company that could easily deliver stellar returns during really bad times / recession ,is a opportunity not to be missed, either way your in the money, double or triple or even much more your money, burford capital will act like a great insurance company to litigation funding and become a true global titan in its field of expertise, I see this much much higher than I've already stated here, in the medium to long-term view, this whole litigation market will truly and exponentially open up even more and grow massively. So think twice before moving your investment funds.
Fantastic bright sunny weather today , nearly as bright as burford capitals future prospects. GLA

DYOR,

Yes it looks like we've a long wait for judge Preska's decision, the average time is around 60 to 70 days and falling over the years, though it's a massive case regarding payout and worldwide media interest in this case, I wouldn't rule out a late September ruling , remember it must consider two separate sovereign legal jurisdictions , burford shouldn't need to much advertising after a near certain win, I agree with people saying it could settle for around $6 billion , though I think Burford may only sell on to 3rd parties around $300 million of any settlement money, and just wait for the remaining money, it's just to much money to give away the difference, I think that's in keeping with Burfords risk management policies, after all they've already made a fortune on this case, and should still make money either way win or loose, also remember burford will also get all or most of its cost back with a near certain win, again that's tens of millions of dollars, and with a loose scenario, it should still in my estimation be in the money profit wise,

Pennylots , judge Preska would have been making notes all along, and she will have some expert ideas and thoughts about the rights and wrongs here, though in the interest of impartiality and fairness to a foreign sovereign country she must absolutely collate everything together and break all the rights and wrongs down into a chronological legal basis on who's rights supersede who, and at the same time ask then why did Argentina not put a stop to the other repsol $5 billion settlement money, and why did they not sue for it back before now if it was wrong,

No matter what Argentinean laws are established here, to raise money in a float in America or otherwise you need to declare every reasonable risk possible in your prospectus to potential buyers of the new YPF shares, Argentina did not do that, they should have, and they didn't, so they are liable to compensate all financially injured parties, and right now that is burford, judge Preska must take as much time as she needs 2/3/4/5/+++ months to lay out all her legal findings and summary of her decision, that's the very least she can do if Argentina has to look at a very possible $14 billion judgement against them, and Burford negotiating down to anything around $6 billion, and in saying that I would be laughing up my sleeve at even a $3 billion settlement amount,

Continued

I agree with a earlier poster, in this current climate any given day can drag LC down and along with the general markets, it's a very changeable and complex time for investors and investing, confusing comes to mind very easily.

Though long term this company and along with Burford capital and others should really thrive in this current climate, business wise and earnings wise that is, the share price should really at some stage reflect those increasing earnings and recessionary strengths, litigation capital seems a excellent well run company with tremendous potential, I myself am not a holder as I've put my chips on Burford capital and it's nearing big court case conclusion and potential, two excellent companies worth investing in.

GLA and please DYOR before buying.

Surprising drop in the share price, everything looks positive other than the increase in the duration length of the more complex cases , that's normal and understandable with all the court delays, no real justification for that big drop, though I'd say it will be a temporary drop. Excellent growth prospects for this and other litigation companies, namely Burford capital,

BBH thank you for that .

A possible very important part of that link and post that could be easily missed is the part that states =

In turn Burford maintains that , if whoever joins the company does not carry out a takeover bid for 100% of the company, YPF itself, the board of directors or the management , have the obligation not to let the new shareholders who took the control without making the OLD

SO the way I'm reading this is that Argentina had the obvious obligation to make a full offer for all 100% of the YPF shares, and if not, then the management of YPF had the obligation to stop that happening at all, and to protect shareholders financial shareholding interest, YPF clearly failed in that protective obligation , or they were negligent in relation to their own bylaws and shareholder protection clauses, YPF the current listed company don't want to get drawn into the judge preska court judgement and settlement award, Argentina don't want that either, because then burford can also chase after the current YPF assets etc, so it will be interesting to find out if J.Preska acknowledges the overlapping legal failings of both Argentina and YPF, and combine a ruling against YPF itself and also the Argentine state , that way, we / Burford would increase the safeguarding and the collection of any large settlement award.
YPF itself clearly failed shareholders on American soil, with consequences for breaking its own protections for ordinary shareholders, and in that regard should be held partly responsible for the non payments to all its shareholders, there simply must be American commercial laws broken there, who would buy those shares if you had no protections against a foreign nationalization, but they were absolutly there ok, it's simply in the YPF bylaws before and when it listed, so YPF failed there and have to at least to share in some blame . So really J.Preska should put out a judgement against Argentina and the YPF company itself, that way Argentina will have that extra pressure on it, that burford will seize its oil and gas company's assets , though probably in financial terms around the world, after all why would Argentina keep its assets in its own country when the Peso is getting so badly devalued or you might say freefall.

That small paragraph and information could potentially prove to be very important in this case, or not, so good luck to everyone, and to you again BBH,

Good night to everyone .

I remember seeing it stated that the valuation of YPF was $19 billion dollars before any news around the announcement of a re-nationalization of the shares took place, now if investors knew that was possibly coming, of course the YPF shares would naturally slide in value, any type of news like that would diminish the share price value , so the true open market value of those shares should be taken at around the average 10 days share price before any news broke around any re- nationalization news coming out. That works out at $9.310 million for the 49% of the remaining shares, so add on interest from 2012 to 2022 at even the basic and lowest amount of 6% from the formul they used to expertly calculate any potential settlement amount , and it adds up to around $5.586 million add the $9310 million to that and you get $14.896 million. Now that's the lowest interest in the formula , also I believe it's a fair basic calculation amount,

The somewhat official calculus was taking the highest PE ratio over the two years prior to Argentina's notice for a Re-nationalization or expropriation if you like, so whatever way you calculate this it's still a massive settlement award, running into billions, and still leaving Burford with a basic yes basic LOL award of $14.896 million or converted £12.317 million stirling , and with a possible 50% discount, burford could settle for £6.158,500 and 60% of that is just burfords alone, and that should be £3.6951 million for our shareholders alone to add to our balance sheet and obvious share and much needed revaluation.

Because of the massive amounts mentioned here and customary big discounts it's obvious that if Argentina won't come to the negotiating table in the next few months then they are just stalling around absolutely everything, they know, we know roughly , what might be acceptable to both parties here and right now, so these colossal amounts of calculations should be somewhat irrelevant and seen as just close settlement indicators , and both parties should knock their heads together after judgement day and get this settled once and for all for a repsol amount of money and seen as a fair commercial Argentinean and American lead great judgement day.

GLA,

Jlovie it's ironic that the person / Cristina Kirchner, who has essentially cost the Argentine state billions of dollars with the re-nationalization of YPF in past , is now lambasting the current Argentinean government over its current policies, what a absolute hypocrite , with her own policies coming back to roost right now, hopefully plenty of other Argentine politicians can remind her of this while getting it out there to the financially desperate Argentine public.

It's so so easy to rile the public up when the Argentina public is so desperate for their essential needs, food and heating and money right now , and with inflation at around 60% in that country, the whole world is experiencing a similar challenge, though not that exact level of inflation, a saber rattling politician like Cristina Kirchner can easily bring those distressed people onto the street's and cause absolute mayhem, and sees the easy opportunity and takes it to essentially make herself look like the knight in shining armour to save the Argentinean nation from it's current politicians, she's a political opportunists that doesn't seem yet to understand how to actually build a wealth creating country, Argentina has most of the natural tangible ingredients to build its economy up again, though it's ability to attain political stability and respect basic corporate international law , then causes a massive exodus of international corporate finance , and also corporations to fully develope Argentina, thus losing millions of jobs and the huge amount of tax raising opportunities.

It isn't easy to work out exactly what might happen with the YPF case , though I do see this going in Burfords favour, with a possible delay to the actual settlement formula and amount , it maybe sent to trial , but in the inbetween period Argentina might try to persuade burford to settle for a low $3 billion and even selling more sovereign bonds than that , to get burford its full $3 billion in hard cash , similar to repsol they just kept giving them sovereign bonds to sell until they got there $5 billion in hard cash. Now in saying all that this could still end up with a settlement formula of higher than $12 billion , in which case burford could still be looking at a discounted $5. Or $6 billion figure settlement amount.
It all depends on how burford are actually looking at this case, they've lost nothing, they've already made a few hundred million profit, or they may just want $1 or $ 2 billion of hard cash in the bank to close this case down quickly before Argentina's public go buck mad about the state of their living standards and inflation, and a resistance to paying out $ billions to any foreign settlement amount, after all just look at the UK and the number of current strikes and anger over our current living standards and pay awards with inflation at only 9.1 inflation as apposed to Argentina's 60% inflation.

Buford will thrive in this environmen

For those that haven't seen this YouTube presentation from burford , it's a great reminder that should be heard again or even maybe for the first time, it's from around 2 months ago and around 31 minutes long, you can either watch it all , though I direct you first to only watch it starting from the ( 28 or 29 minute, ) it's actually near the very end, where Christopher Bogart addresses a shareholder question around the likelihood of Burford getting it's hands on any settlement money from the Argentinean state. I thought a very informative and reassuring answer from our CEO Mr C. Bogart, and especially as it seems so relevant a answer as it's getting so near to the end of this multi billion dollar Argentine case.
Well worth watching. Even again.

https://m.youtube.com/watch?v=GhulJAGxZEc

A really excellent piece of work Bluewiley, another great find, though I think the percentage of burford winning this case is well north of 50% , that's nearly saying they are sitting on the fence or just plain scared of any adverse reaction from the Argentina state, I would put the winning of this case well over the 80% mark, as that's closer to the percentage burford needs to qualify them to take on a case that looks like a winner and easily identifiable down on paper, the real past risk for me is that it wouldn't get heard in America, so it's imperative that no possible trial regarding the actual settlement amount gets heard in Argentina. So it maybe possible that the Argentina lawyers are trying to stall things again around any settlement amount and basically just hoping that may stretch this case out for another period of time, I'm just hoping that judge Preska will suspect this courtroom tactic and nail things down with the two parties to a reasonable level of compensation for burford . Because the whole settlement amount will be reduced anyway in the final settlement negotiations , it looks a done deal bar any more stunts from the Argentinean lawyers.

Good night and good luck to everyone here.