Member Info for Gtx1

Burford bought the legal rights to the YPF case for $15M , they then over several years sold off 40% of those rights for hundreds of millions, the buyers who bought 40% of those rights have no claim whatsoever from burford for that money spent on those rights, just as burford have no claim for the $15 million they spent on buying those initial YPF rights, you pay your money and take your chances, all burfords earlier YPF profits are locked in , the case has already payed burford handsomely/ massively, anything else is a huge bonus, in the big scheme of things our YPF case is just another big current winner right now, with potentially even much more to come, and with no or very little financial risk at all to burfords balance sheet of future prospects. When burford eventually wins this case and they should bar the other sides stalling , then a multi year compensation instalment plan should be agreed in burfords favour to the tune of several billion dollars.
that several billion is not currently factored into our current share price, burford is still substantially undervalued even without any potential win from our YPF case,

I AGREE with other posters that burfords financial reporting technologies are confusing as they try to use international ,European, American and uk reporting technologies / jargon to relay complicated information to investors, with private investors getting primarily confused , we all understand a simple profit and loss in the headlines , numerous other financial indicators maybe internationally required though not easy to interpret for private investors, including myself. Burfords reporting is primarily targeted at American investors.

Our fluctuating share price is in the hands of some serious game player's, driving our sp up and down at will and taking out smaller investors stop loss positions.

I think the best is yet to come here, the ypf case will pay out in large instalments over several years, I'm very confident in burfords future prospects, it's a fantastic achievement during a shocking trading year, well done burford capital and all its staff.

Burford capital has come through one of the most challenging and difficult years in living memory, the court system was virtually closed, clients and law companies were battling down the hatches not knowing We have the trading outcomes would be for most companies, emergency protocols were enacted in nearly every trading company in the world, dividends were getting suspended in countless trading companies including burford capital, it was probably a absolute nightmare and complete unknown situation for most CEO 's and individuals alike.

I feel most of burfords investors didn't really expect to much of a positive trading outcome from last year, and yet Burford has certainly and pleasantly surprised me and many others today, it was in my eyes a truly fantastic fight back from a extremely difficult 2020 , these guys are just flesh and blood like the rest of us, and yet as lawyers and backroom workers they worked through a nightmarish year, concerned about their own families, loved ones , and colleagues, I congratulate burford for what they've achieve last year, if they can achieve that last year just imagine what they can achieve after the courts and big businesses fully open up, I'm extremely positive about burfords prospects and future trading.

The YPF/ Argentina case , I personally have no doubt that burford will win this case easily in front of a independent jury and judge , though after Argentina has played it's last stalling tactical game, most people know Argentina is a poor and financially broken country, but that doesn't exclude them from financial instalments and fulfilling there sovereign legal obligations in any court case.

Investors.

and Good night.

Yuri one of burfords main priorities is to strongly and comprehensively establish the financial strengths of the company or certain person's that they are pursuing a lawsuit against, if they don't feel they can pay or up, or the likelihood of getting a settlement from them is strongly identifiable, then no matter how strong the case it's simply dropped, that's why we drop 93% of the cases brought to us, the standard of let's say cherry picking is extremely high with burford,
That's not to say extraordinary things won't happen, but that very scenario is already built into burfords business model and planning, so the likelihood of what your saying is thankfully extremely low or negligible,

But to be fair to you none of us have ever experienced a global pandemic, or seen its total financial outcome on big business,

Though I'm very confident burford will truly thrive after the dust has settled on this global damaging pandemic, burford
They deliberately and specifically target different types of companies in different types of industries , that way the reduce or substantially minimize any harmful financial exposure to burfords lawsuits and settlements,
That's why burford is a truly recessionary proof/ resistant business model, yes I see a drop in New lawsuits activity for several months, but remember we cherry pick and reject 93% of cases anyway, so I'm still sure there's plenty to choose from after this pandemic lifts,

I actually don't even think burford needs to get involved in any covit19 lawsuits anyway, there was a abundance of lawsuit work in the last recession and obviously without any pandemic lawsuits at all.

I'm 100% confident we will easily win our Argentina lawsuits, I feel the award could easily be around $6 billion , though I believe the Argentinean government will be desperate to settle the case for around $ 1.5 billion in sovereign bonds , with burford then asking for $3 billion and burford settling for $1.8 billion in sovereign bonds in this terrible financial climate,

Argentina has I think around $6 billion in its countries reserves, that's not a lot to fall back on when running a country, though it will digitally just do some Quantitative easing and print $1.8 billion of sovereign bonds for burfords settlements, then they only have to concern themselves about paying the interest on them sovereign bonds, considering the countries financial plight that seems fair, but then I would say that LOL,

I feel it will as you say YURI take burford some time to push through the court systems, though humans can be ingenious in overcoming disasters and every type of obstacle put before them, this pandemic is no different, we will get the better of this virus and power ahead to establish a litigation funding company making 3/4/5 + hundred million dollars per year and potential even much higher , burford shares are not for the orphans and widows, they are for smart

It’s also worth bearing in mind that this pandemic has Probably physiologically and physically effected a lot of the staff at Buford , they might not have been able to put enough into Burfords launch in America, you could see in that clip Chris Bogart looking unshaven and a little under the weather, though he sounded good, at another time period they might have given numerous investors and institutional investors presentations before that launch , or our current American share price might be were they see us placed right now, though it doesn’t look like a a fair price in my eyes, but I would say that , When these anti covit19 injections arrive around next spring, I’m sure it will change the mindsets of billions of people to get out there and fight to get normality back ASP, I can see the litigation world gearing up to get moving, there must be loads of pent-up lawsuits needing funding,

I would actually be happy to just leave my shares invested in Burford and watch the American and uk markets just catch up with it’s huge potential in the coming months and years , I believe Burford can easily make 20/30% profit per year from the capital it employs. And that’s a fantastic achievement in my eyes, Burford can easily pay out a decent dividend but I can also see Chris Bogarts drive to employ every penny/ cent made back into the company and drive our compounded growth rates up , I can understand that ok, that way we can take on far less financing/ bonds / sovereign wealth fund money etc,
I don’t know about anyone else but at the moment I would settle for a more settled share price coming up to Xmas LOL.

Cheers everyone

A couple of months ago most of us were extremely frustrated about burford struggling to get over or stay above £6 , for some it was torturous, and now look at us , we're rising above and below £8, I can easily see this pattern repeating itself at around £10 in just a few months or so, and then to around our average guesstimates, £12 to £16 , I'm extremely happy with how burford is going forward now, our CEO. Chris Bogart against my earlier judgments of him , I now see burford in the light of, that it's his own baby and he's now nurturing and watching over it like his legacy depends on it, you can see it in his facial expressions, and that's a fantastic sign in my eyes,

Amazon's Jeff Bezos had the same passion for his founding company, and look how he expanded that we book selling outfit into one of the most powerful companies in existence.
I see Chris Bogart expanding burford capital way beyond litigation funding and lawsuits, why not into all types of legal insurance for the world's law practices, every type of insurance going, why not earn more money from a insurance arm as we're
The biggest and best litigation funder by a huge margin, so a bolt ready made insurance company bought with shares and money could really get the market behind a much higher share price going forward, just think about all the law companies doors that are already open to us, standard insurance, nothing to risky and push that like hell, the market will wake up to a company that wants to diversify and grow into one of the biggest companies in existence, we can raise the money if we find the right insurance target, Warren Buffett can bolt on companies every year to make higher and higher profits, WHY NOT US.....

a dynamic and good BOD can hire in the expertise needed to achieve this aim. I believe Chris Bogart has the passion now, he just needs the backing from like minded enthusiastic industry experts to spearhead our diversification, as we sit it still looks like a fantastic opportunity to massively expand litigation funding all around the world, yes I hear the voices saying we have our hands full GTX, then hire a whole new independent team to take on diversification, if smaller companies turn into massive conglomerates then why can't we do it , ? If your truly ambitious like Jeff Besos and Mark zuckerberg then you can certainly do it Chris Bogart. In fairness What he's done so far indicates to me that he's more than capable of turning burford capital into a company 50 times it's current valuation. now how many small investors wish to stay on board for this rewarding journey. I for one will go the distance ok, a brilliant and rewarding future lies ahead. Good luck to all that have that patience. and in saying that our shares could easily be £16 this time next year if not before.

CHEERS EVERYONE.

Yes warno01 thank you , every avenue of following burford is appreciated, the share is still yo yo- ing somewhat, though still well away from that £6 barrier and it's heading in the right direction. long may it last.

CHEERS EVERYONE

Thanks for all those links , especially that TWT one ,excellent,
Mathurin yes burford should have helped us find that burford link more easily, I ended up asking my echo dot to get that NYS price and it did , and every time after that it wouldn't tell me nothing, only the UK price, LOL.

The Dow Jones fell 446 points , so I'm very pleased with burford holding its own with that big drop , it's a truly fantastic recessionary stock to hold anywhere in the world, the very best of burford and our share price is yet to come.

CHEERS EVERYONE.

So we're $10 dollars or £7.70p that's a good start to trading on the NYS also considering the American market is down today,
I'm quite pleased with that start, though as I've said before many of the big American institutions have a obligation to buy X amount of our shares to fulfil there numerous obligatory needs. IE. Exchange traded funds etc. So I'm very confident we will fly over £8 + in the coming days and weeks, I guess most of us already know that . Some decent good news should see us fly back to historical highs,

CHEERS EVERYONE

I'm sure we will see over £8 by next week. I think the American market will nibble away driving our share price higher over the coming days and weeks.

CHEERS EVERYONE

The market makers are happily pricing and mopping up our shares at a transitional lower level to reduce any risk to there large accumulations of our shares , they should be able to sell/ supply to the NYS and make a substantial profit in that process.

They might see it as a fair risk and just reward for there services,
Burford could easily sell on the NYS at a substantial premium to our current share price, or the American buyers will choose not to aggressively dive straight in on Monday , and possibly or sensibly decide to slowly accumulate our shares when the listing settles down to a average expected sector share price , What ever happens, Bar another Black Monday LOL , it should be a exciting and great profitable day, I wouldn’t be surprised to see it open at around or even well over £8 +. I suppose it depends on what the American MM advance share book building and online orders comes back at.

Cheers everyone

Also CREST, and happy at that.

CHEERS

Janebolacha again spot on, a we litigation funder listing on the UK AIM market in 2009 IPO at $130 million dollars and now going for a dual listing on the American NYS at around $2 billion dollars, surly that alone is very newsworthy, throw in a large catalogue of large worldwide winning lawsuit caseload of stories and you have a fantastic opportunity to do a writeup about the biggest and the best litigation funder in the world, it's all ahead of us, the American market will very soon or eventually mop up our shares to attain a fair price to book share price for all of us.

CHEERS EVERYONE

PJ I also get your logic, the market makers can easily drive a share price up or down depending on what mathematical criteria they feed into their computers, we've probably all seen shares moving significantly on very little buying or selling on little or no news at all, so I'm convinced our MM are just taking advantage of this dual listing situation, + you have the expert day traders exploiting the same opportunity.

Cheers everyone

Janebolacha you sure got that spot on that's right on the money, yes one mention from barstool Dave portnoy would have a frenzied buying spree coming from the millions of American investors on the free share buying platform robinhood , share buying in America is changing rapidly , the number of private share buyers is rising dramatically, well until they find out the real realities of the stock markets up and he downs, LOL,

If we get any favorable mentions on any decent share buying platforms in America . then our shares will fly in the USA, £11.50p will be a decent starter.

CHEERS EVERYONE

TWT , excellent and very well thought out and laid out substantial post, you've hit virtually every nail on the head TWT,

What I find unbelievable is the fact that Argentina after " as you say it" throw up there hands in defeat with the repsol case , and then even have the dishonesty and audacity to put up a defence against the other portion of the same litigation lawsuit and claim, that in itself should have judge preska peeved off enough to cut through all the nonsense of the stalling tactics, and warn the Argentinean side that she will bypass there own demands on Argentinean discoveries and failings due to there stalling tactics, that should wake them up a bit, though Argentina's lawyers might have all these delaying tactics planned well ahead of any warnings from judge preska, they all probably know how far they can push the justice systems, unfortunately or not nearly every avenue in justice must be allowed to be explored within reason for anyone to attain a fair and just trial, we are reasonably biased in our own favour, so it's only fair that a judge gives all parties a fair and unbiased verdict on this lawsuit.

Our share price , I had a suspicion this would happen, I think the market makers are mopping up shares similarly to people selling into the market a company who's shares are winding down after being taken over in a bid situation, the market makers buy up all the shares they can and redeems them from the bidding company, and with our situation our shares will be electronically sold to the American market makers at a healthy profit, we then have the specialist day traders who can easily manipulate the market to cause panic selling, it's all part of the course as I see it.

Our shares will get snapped up with our American counterparts, the amount of private investors buying into the American market is huge , add in the near mandatory need for the large amount of institutions to buy our shares and we will bounce to new highs in the coming weeks, the American market will be laughing up it sleeve getting our shares so cheap.
there's never a dull moment in this old game LOL.

CHEERS EVERYONE.

TWT I totally agree with your thinking, again and again the YPF PETERSEN case doesn't get factored in enough into burfords real potential and share price, burford initially / our own CEO Chris Bogart even stated on a webcast briefing that the YPF petersen case was to them a straight forward open and close case , REPSOL with there victory seen to that, I'm very confident in the judgment going in our favour, investors think because Argentina is financial poor they can't afford it, well they can easily create a quantive easing type of money for our settlement, they can create sovereign interest paying bonds for us to sell , just like REPSOL, they know they will loose in court ok, it's all about stalling and stretching this case out to save hundreds of millions $£ in sovereign bond interest payments, the more they stall the more they think they save, the cost of their lawyers and countless court case cost is insignificant compared to the hundreds of millions in their sovereign bond interest payment savings, that's what it's all about right now, not these frustrating stalling tactics, but fair enough they have there game to play and we have ours, they asked for there own court proceeding Discoveries to stall the case, if denied, they would simply stall again with a court appeal stalling for probably another 3/6 months or more, everything is planned to keep the main court case out of court as long as possible, and they've done a great job so far, now they are desperately trying to use the pandemic to hold back and conveniently stalling witnesses, information gatherings, key personal statements, key Argentinean documents, you name it , they're stalling with it, our team near enough all know the tricks of the trade ok,
It's trying to make sure they're stopped as far as humanly possible, that's why we've recently hauled their assess into court to make sure judge Preska Clearly sees these stalling tactics, to get them stopped or curtailed if possible, we need to keep everything on track to keep to the courts court proceedings time table,
If the Argentina side was left unchecked they would deliberately asked for a big court delay as their key witnesses etc can't appear or they are delayed because of the effects of the pandemic.

As far as I'm concerned this is MONEY in the bank, how much is anyone's guess, I do think we're looking at around the $6 + billion figure ,with a quicker no more arsing about stalling court room tactics and a negotiated settlement of around $3 billion , with $1.8 billion going directly to burfords coffers.
That's just my off the top of my head thoughts on everything. It's some food for thought if nothing else.

CHEERS EVERYONE, and good night.

ExTrader , Brilliant post, also a very big thanks to all the posters today, I'm sure they are very much appreciated by everyone here.

CHEERS.

Jeffries moving from £9.50p to £11.50p will do me nicely as a starting point.

Cheers.