Member Info for Gtx1

Well whatever's happening the share price is ticking up nicely , you would nearly think that someone somewhere knew something and buying in anticipation of that news, though in my opinion burfords forward looking medium share price should be around £14 I know to some that sounds fanciful , but just look at how far the markets have risen and burford is still well behind its highs of before the muddy waters saga, even stripping out our nearly certain Peterson case win our earnings should climb substantially over the next few years to give even a £14 share price a average rating, and without any market leader premium. In the next few years I can easily see explosive growth in burfords future earnings . It's just basic common sense from where I'm positioned. My average price paid is around £3 though I see this at many many times that price in the next few months or years, DYOR, cheers everyone.

There was no news from burford or the Argentinean side this week, so I was pondering why, I'm only guessing that if the Argentinean side have now came up with possibly more stalling tactics, could they be suing repsol for that allegedly over payment of $1.5 billion and in doing so again trying to stall our lawsuit and burford coming to a estimated figure for our Peterson lawsuit losses, if that happens then burford may need more time, and also need to bring two sets of estimated losses back to judge Preska,s office in order to proceed with our lawsuit, also would judge preska permit the case to move ahead under these unusual circumstances, burford I believe were meant to produce these loss figures around now to judge preska.

I'm guessing that judge Preska would move ahead with the case on the same bases and time table if burford accepted that lower or reduced repsol settlement figure into any final settlement.

This is just me second guessing the lack of any news coming out of the current situation. A interesting eye opener situation, as I've said before the Argentinean sides defence is all about imaginative stalling tactics. So the new claw back of the 7 year old repsols $5 billion settlement money is a good one to come up with right now. I

We literally have to accept the lower reduced settlement figure or the case may have to wait until Argentina settles this in the courts or directly with repsol. do we really want to wait 3/4 /5 years, I don't think so, That's what judge preska maybe asking burfords lawyers right now, thus the real need for more time from burford, the Argentinean lawyers were always from day one trying to slow the lawsuit down and asking for more time. So could my plausible theory explain our current situation, only time will tell.

The share price is currently doing nicely , though I can't wait to see it double in the short to medium term.

Excellent news renegade, exciting wait then, it could partly be the presentation or findings around the potential losses on the Peterson case, $3 $4 $6. $9 billion , yes it will be a exciting wait, and another big big thank you to that excellent journalist Sebastian Maril for getting that information out there, brilliant.

Yes I suspected that from Sebastian maril, though I was still hoping for some information around Argentina's thinking and intentions around the Peterson case, also because of the huge sums involved in any settlement then Argentina will find it extremely difficult to relay this to the very unhappy Argentinean tax payer, who they've just hit with a millionaires stealth tax,

Sebastian Maril I'm sure will eventually have his informative say on the thinking around the complexities of this lawsuit, and duly inform his Twitter followers like us, he's a excellent journalist, also he strives to get to the truth from some very complex news stories. So I patiently await his knowledgeable Twitter write-ups.

Our share price is several pounds away from a short term reasonable valuation of burfords minimal potential, the markets have still not taken onboard the massive potential of burfords true medium to long term potential, I genuinely say this , that burford is easily worth £20+ pounds in just a few year's time, and I also think it could be worth much much more than this in 3 to 5 years, they are building up a great profit margin on cases that probably have around a 90% chance of a win, when they build up their finances they can then easily take on the huge number of cases that have a 60% 70% chance of winning, and still pay a overall profit to burfords coffers. I reiterate burford only takes on a tiny number of cases presented to them, as we cannot take that risk with our balance sheet / money, our business model dictates the risk we take, but that can change when we have more of our own money to spend and risk, Bogart our CEO has tried to minimize the overall risk to our company as it's his baby to protect, I totally get that,

So what I'm saying is our own money for riskier cases and borrowed money into safer cases, the more he builds up our finances the more he can strategically plough back into making more money from other cases, and that should massively increase our earnings and share price in the coming years, so £20+ SP could be me under estimating Burfords true future potential. It could very well be many times that £20 + .I've mentioned.

https://uk.tradingview.com/symbols/LSE-BUR/

Excellent post LunaNera,

There is so few companies than can offer the highly speculative kind of resilience and potential earnings during any downturns or bull markets than burford capital, the board of burford are strenuously looking for strategic add-ons and earning enhancing revenue streams, when we get our true medium term valuation then I'm sure the board will snap up any weaker competitors that would enhance our offerings and service to our customers, I believe the potential here could be very substantial in terms of giving burford a much better all round and less lumpy earnings enhancing revenue streams,

Just remember how insignificant Amazon was when it started out, who could actually see it's future revenue streams coming in its earlier years, that's why I think burford could make a big play for the hundreds of billions of revenue streams that float around the whole litigation markets and law firms, there are so many hidden revenue streams that are untapped and under developed, just sitting and waiting for someone to bring them in-house, just like the oil fields and shale gas exploration, burford is only getting started in its field of expertise, Our CEO Bogart and FD molot have very substantial stakes in burford ,I'm quite sure they have substantial enough holdings to merit them treating our company like there own babies, and I can clearly see that ok,

Our share price was much higher with less profits and prospects just a few years ago, so to get over £20+ in a just a few years is achievable, it's breaking out of a long low valuation of share price , and all indications show even on short term basis a strong share price recovery is to be expected . It's a all round fantastic company to be invested in.

Thanks for that link JC, and thanks TWT for that Sebastian maril pointer, JC that's a excellent and at this moment very fair appraisal of burford, now can you just imagine the buy signals coming in when we get unreserved and very strong buy recommendations from most if not all of the big investment houses, and we will get them ok, when either the Peterson settlement comes in, or our unencumbered backlog of pandemic lawsuits come in, either way burford will hit the ground running with high amounts of held back pandemic lawsuits coming our way, our current share price is only half of what it's going to be in 12 months time, the American market has roared away while burford is still only given a sympathetic low valuation for its current earnings with no true reflection for its true potential of future earnings, never mind the near certain Peterson lawsuit win, I guess the market would take more notice if the Argentinean finances were in better shape or to be accurate any shape , that's not our problem, if we win our settlement, then no matter what Argentina has in its coffers it will always owe burford that money, and it will have to pay with its sovereign bonds and paying X amounts of interest payments on them bonds, and if they can't, then they simply can't borrow from anyone at all, and that shouldn't happen, that near certain settlement debt will have to be paid one way or another, and for any reason whatsoever if we don't get that money it still should have no bearing on burfords future prospects and lawsuit wins. Either way burford will push ahead in its valuation and
Current share price, including taking in the normal ups and downs of the markets, what I absolutely love about burford is that they make very large amounts of money in a bull or even bad bear market, either way we win, and that means non stop compounded growth in any market, how many companies can claim that great business model. yes our SP will gyrate with the market but eventually it will still attain a much much higher share price to reflect or future earnings, I can easily see burford earning $3 $4 $5 hundred million in just a few years time, that should easily take us into the £20 share price range, ignore the Share price gyrating and focus on that attainable £20+ figure in several years time, I'm confident and patient to at least X7 my original investment in burford capital.

Burford could very easily be sitting at £14 well inside 12 months , bar the normal ups and downs of the market, I see this long term powering ahead to well over £20+ , the one share I won't be parting company with is burford, the opportunities are to numerous to mention, it's like having a bank account were someone else is depositing money into it. Called compounded money growth. Just give Burford a we bit more space to show the market what it can consistently deliver within a profits range and the share price will fly. Add on the millions of private investors looking for a speculative opportunity for 20+% compounded growth and burford will attain a substantial market premium for being the biggest and probably the best litigation funder in the world. I absolutely will not sell my shares in burford as this is one of the best shares for anyone to carefully accumulate for their pension pot, a truly fantastic buy for any canny investors portfolio.

Acearp you better get used to Burford issuing more bonds , because that will be Burfords long term preferred fundraising vehicle , the more money Burford builds up in its coffers then the more money the bond markets will lend it, and on much better terms, the more financially secure we can make Burfords balance sheet then the lower interest the bond buyers will look on interest payments, so I’m long term looking to see billions of dollars in bond issues from Burford, though our massive probably near certain settlement from the Peterson case should tie us over for a we while, I would guess the sovereign wealth funding will be kept intact as a last resort for borrowings, the SWF vehicle alone in my mind brings credibility and a credible endorsement from a major undisclosed country to Burfords standing in the investment world, no sovereign wealth fund would want to engage with any dubious company or investment, so it may be prudent to keep this funder onboard at some level. They are earning a fantastic return on their money, if they weren’t believe me they would be gone a long time ago , they really helped us , so we must really owe them a big thank you for all there help. Who knows they still may be the main buyers of our bonds.

Have a lovely Easter everyone,

TWT, yes steinhoff looks like a fantastic money earner for Burford, around £4 billion was sued for, steinhoff offered a tentative $1 billion dollars a few years ago, so I would imagine that was upped significantly from then, our payout must have been significant in such a big case, brilliant,

Bogart and molot will drive and nurture Burford as their own baby,

I see Burford similar to Berkshire Hathaway in as much as both companies seek 20+% compounded growth per year, that’s what Warren buffet looks for in any company he buys . and like Burford BH has numerous companies to divide its earnings risk, we have numerous diverse types of lawsuits to divide the earnings risk, So that’s the similarities.

Brilliant sunshine outside ,time to enjoy it now.

That’s great news TWT , that should move things along nicely, also I wouldn’t be surprised if more of the courts worldwide/ America join in with them sort of court arrangements, I’m actually very excited about Bogart mentioning that more big businesses are approaching Burford for litigation funding in light of the pandemics problems, this litigation funding business , I really feel Burford is really only touching the top of the iceberg here. With even hundreds of billions of dollars of business up for grabs, I’m nearly sure Chris Bogart says these big companies are now seeing the merits of turning their on the books lawsuits into upfront payments from Burford, we get our cut, they get that no risk upfront payment from Burford and we take the risk and cherrypick the best cases ,and even x amount of losers and it should still pay us, that’s what litigation capital does very well, but on a much smaller scale,

Say Burford takes on 10 or more cases from a big company, we work out the profits on say 6/7 cases and we can still afford to loose a preplanned 3/4 cases , the big company gets these cases off their books and gets paid upfront money on 6/7 cases , it pays us and it pays the other companies. We take the risk with a team of lawyers scrutinising the cases in every detail, and then decide what are the chances of winning x amount of cases, and then offer that company a sum of money for those cases and we’ll even take x amount of cases that we think will loose, that must be a very tempting and compelling offering to any company big or small, and that’s why litigation funding is now growing Exponentially into a multi billion dollar industry that’s actually sweeping the world’s boardrooms and courtrooms, I genuinely see this getting into the hundreds of billions within several years, but why ? Because it’s needed, just ask any decent solicitor or lawyer and they will tell you it’s very much needed and probably very essential now days , I will be astonished if Burford isn’t funding tens of billions of dollars of lawsuits in just a few years or so, just look how quickly as I said that Burford hit the American market for cheaper money with senior notes raising around $400 million and paid back in 2028 , I can easily see Burford raising much higher sums when we build up our cash position, and possibly even taking out the more expensive borrowing from the Sovereign wealth fund, the more money we make and hold the safer we look to investors and making it even cheaper again to borrow larger sums on the American markets. Everything looks fantastic from my observations around everything including the Peterson case which I’m near certain we will easily win. that win alone will give us cheaper borrowings , and that’s why it’s so important for Burford to get compounded growth and hold onto our profits as much as possible, to any clever investors Burford is similar to Warren Buffetts money making machine Berkshire Hathaway, £££££££

Well wouldn’t it just be sensible for Argentina or its affiliates to snap up at least 29% of Burford before a multi billion dollar settlement , and get back a high percentage of your money, I’ve been saying this from around the £3 mark, it makes perfect sense, though in fairness , Burford is still easily worth more than its current share price even without any Peterson settlement. Our last report and accounts may just have been now fully understood and digested by the American investment community , or tipped by a investment house, I’m not counting my hopes on any thing other than Burfords business model is a excellent long term profit making machine. Strip out any individual case other than the Peterson case and it’s going to consistently making hundreds of millions every year of its existence. and that’s serious money to be made, I’m very confident that Burford with molots determination to grow our companies profits will eventually be like Apple and Facebook and be unequaled in its specialised market place.
Yes we’re well over that $10+ in America, though I can easily see $20+ in a few years or less, this company is a winner all day long now. If we get that bumper payout from Argentina the press will have a field day with this story, and result in Burford getting many many more private and institutional investors onboard, Burford deserves a substantial premium for is shares as its the very best and biggest at what it does, what I absolutely respect about this company is that it has comprehensive vetting procedures it follows before it takes on any big or small case are excellent and second to none , with every case getting analysed by committees/ or teams of lawyers on a regular basis, it seems very little is left to chance here, that makes me very very confident in holding these shares probably for the rest of my life, and I rarely say that, Burford will be a steady money making machine for decades if not eternity. A Best long term Buy I say.

Sorry amigo 13.65 now ,down today, but it just goes to show you, keep a open mind to others who tip.

Yes I totally agree with you about molot ffc, Burford is his baby and he sees it that way, big big things to come I’m sure,

Terrysmith1
You did make me laugh ,off topic for doubling of our share price, and your spinning your buy for open orphan LOL LOL , I’m always happy to hear about any company that anyone thinks looks good,
Just the other week someone pointed out AMIGO at I think 11p and now it’s 17p or it was , so keep recommending them I say LOL.

That last Burford report was fantastic considering how badly the legal profession and settlements were held back due to the pandemic, it indicated to me Burford has even much much better profits to come, and even the Peterson case is still thrown in for nothing , of all my shares I would say Burford has the best possibility to double or even triple its current share price from today’s high, when the Americans wake up to it’s true potential then I genuinely wouldn’t be surprised to see £20+ in a few years or even next year, it’s a truly brilliant company with no equal , the very best is yet to come, this for me is a life long holding now , just as Warren Buffet likes 20% compounded growth, Burford will deliver that same winning formula for all its shareholders. Im very confident of that ,
I expect Burford to hold onto as much profit as possible to reduce the amount of interest we pay on the sovereign wealth fund money by using more of our own, that means substantially higher profits one way or another, though I can equally see Burford using anyone’s money if it can benefit or pay us and others to fund legal cases, there is so many avenues to make money from borrowing cheaply , what impresses me is how quickly Burford jumped to lending billions in just a few years, the amounts needed to service this new growing industry must run into tens of billions per year, and yet Burford only accepts a tiny portion of these legal cases, and only a tiny portion of the legal cases presented directly to Burford,
There’s a huge amount of growth coming for Burford and that can only mean huge compounded profits.
Brilliant potential, and a fantastic holding for anyone’s pension pot. Strong Buy from me.

Yes $1.7 billion is around where i always seen the negotiated settlement ending , though the court discoveries process I'm sure will arrive at a much higher figure than that, also because I'm expecting a multi year settlement plan then that $1,7 billion figure may be lifted more to compensate for that long payout wait,

JC your share picking methodology makes perfectly good sense to me, though I would recommend to anyone to sprinkle smaller amounts of money on loads of interesting smaller speculative companies, it's amazing how many of these companies have multiplied in value by X4 and much much more in the last 12+ months, manolette is a excellent and well run company and I would expect it to eventually claim back it's high premium share price. though I always thought £4+ was a bit lofty for its business outlook. It will come back to better days soon enough.

JC , would the break even point for the 40+ separate institutional parties we sold to, not be the amount we've raised in selling off 40% of the YPF claim, which is $236 million, though I can't see burford accepting that amount as burfords own shareholders would March too and hang on Bogart office door.

Manolette partners plc is a good company ok , and justifiably held a premium price, it was holding a £4 + share price for a long time before the pandemic, so I would expect a better price than today's SP, I remember reading that it's actually a different type of law firm than burford or litigation capital plc, it says it's a more consistent and progressive player in the field of insolvency and should benefit from any downturns in the economy, maybe a very good recovery play ,or not ?

I think it's absolutely fantastic that burford has already massively cashed in on our YPF lawsuit, its a genius stroke, though not a one off, as burford seems to try to minimize at every turn the financial risk for its business model and share holders alike,
Whatever the outcome of YPF we've already made a fortune from this case, I'm also very confident we will substantially lower our interest charges on funding with much cheaper bond selling on the American bond market , paying out maybe just 6% and not 20+% to sovereign wealth funds. that should be a priority for burford going forward now , even this year that might happen, excellent prospects , I can easily see basic earnings of $1.43+ next year without any YPF earnings coming in, even giving us a very basic low share price of £11 + with the Possibility of very substantial extra earnings coming in from a YPF negotiated settlement, the future's really bright now we've got through the very worst of this pandemic, the courts will fully open and litigation will flow from buissiness all around the world wanting our billions of litigation funding money.

Sebastian maril mentioned a low ball park figure in the past / or sometime last year, it was around or less than a billion dollars, though he may have been looking at a really low ball park figure from any source, it shouldn't have any real credibility as that actual financial loss amount hasn't been arrived at yet by the court discoveries process , so Sebastian or anyone todabe would know that loss figure, if I stuck my neck out I would guess between 6 and 9 billion dollars, I know that figure would have the Argentinean government jumping out of ground floor Windows, so some sort of mutually beneficial long term installment settlement figure could be arrived at, I simply can't see Argentina offering of even paying a multi billion dollar sovereign bond award all at once, the Argentinean tax payers would hang them first, but they would get away with sovereign bond payments over a negotiated number of years.

I agree with that TWT , though as Argentina requested and received another delay in the lawsuit due to having no real bonafide defence, and also that the Argentina regime wouldn't want to see their own headlines of them having to pay a settlement of $billions, I would imagine they would do absolutely anything to delay this lawsuit if possible until after they get their own country vaccinated and get their economy moving again, which could be a long time, it's a difficult one to call with respect to Sebastian Maril, as he doesn't know what figure will come back from our court sanctioned and approved discoveries process, if they come back at. 3/ 6/9/12 billion dollars, I know it's a guessing game right now, then I can't see how Sebastian maril can arrive at his settlement figure yet, if it arrives at say $ 9 billion , and that is actually very possible, then Argentina will have some explaining to do to its own tax payers, inevitably and practically they haven't the hard currency to support even there own social monetary needs, so they are left with maybe more delaying tactics, and as Sebastian Maril says for the two parties to come to a normal or under the pandemic circumstances a extraordinary negotiated settlement, and one that takes the heat off the Argentinean goverments face, in other words a multi year payout say 300 million dollars per year in Argentinean sovereign bonds, that way if Argentina defaults it's 65 billion it owes to other countries ,then we still have a multi year payment plan that should in theory bypasses that very senario, and sooner or later Argentina will need international money, so they could only avail of this when it fulfils and pays its multi year court awarded and Argentinean sovereign negotiated settlement of hundreds of millions/ billions back to burford,

Right or wrong that's my thinking around this tricky subject,

It's comforting to remember that Argentina's primary defense in this lawsuit is to stall at every stage of the game, it has a decent American law team representing them on a retainer of around $2 million, the more they stall the more they are showing us that they've no case or defence other than to, pardon the pun " MUDDY THE WATERS " regarding a fact finding or discoveries process, as I've stated in the past every day of any delays saves Argentina £ millions in interest payments on a multi billion dollar sovereign bond settlement, also to use this pandemic for any requested delays is opportunistic and to be expected from our opponents law firm, I would expect the same tactics from any decent law firm representing myself or burford, as I've stated many times before this is a winning case all day long, a judge and jury are looking for wrong doing by either side, Argentina completely and openly admitted liability when they compensated the other shareholders with $5 billion sovereign bond settlement, and not our legal rights to our share holding , I can only see a multi year $ billion+ settlement from Argentina to saved face and retain any credibility on international monetary markets, and to avoid a massive outcry from its own people , as it's already hit them with some extraordinary tax raising measures.

Warren Buffett looks for companies that can deliver a 20% compounded return, and here right in front of us is one , burford capital is the perfect company to deliver decades of 20% returns for investors , in the next few years this should easily deserve a £20+ share price or more.