Member Info for Hopeingmore

Sold today at 641 if Invesco is selling and Woodford selling it could go lower to much of a risk for me

Also the costs next year are if you look at Disciplined Capital Investment On the capital market day presentation expected to double but production in Vietnam will drop and Egypt best case will rise by about 50% 34 mil from Egypt add 17 mil is only 51 mil take the drop from Vietnam and doubling of costs looks to me that losses will be made next year not profits and there is not much cash left in the bank

Woodfords fund will open back up in February so think we will start to see a slow rise into feb mon 680. - 690 tues 690 - 720 wed 680+ 700 gl and. Make money

2 div total of 2.75 so 5%

In the last operation update Cash balances as at 30 June 2019 were approx. $66m and in this update cash is 58 million which would suggest to me that the company has spent more than it has received in the last 6 months Egypt is sucking the company cash as far as I see.i did wonder at the time why the previous owners had not done the drilling as they said they were short of funds now I get it it must be close to 200 m spent to return 34mill last year

I can’t see the BUR dropping much below 660 but I think there is a good chance of jump up to £8 or £9 very soon it’s just a matter of not hitting the sell button to early

Muldoon what’s your thoughts on were the price will go today

I remember reading that it dose not matter if they accept it if us court rule they can take there international asset and sell they to pay there court bill

Thx Yorkshire I got out at 775p in dec to a loss from 820 back in this am at 681 hope to get my losses back.I agree when his fund is gone the shares should rise and this time stay up

https://www.burfordcapital.com/shareholders/share-information/#shareholders I found it ,26% is held by major shareholders you would think this would give some stability

Anyone know how much woodfords fund has left

Anyone know what the all in share tip is for motley fool

If you watch the October video the lady says we have an over 10% divided bit strange to say that then cut it by 50%2 months latter surely they had their cost worked out at that point

It is misleading the company is committed to div and growth a fast read it looks like div growth

Not great read Vietnam down to 5500 to 6500 next year and costs seem very expensive in Egypt no drilling in Vietnam till 2021

Update out tomorrow and we are startling to rise 60p before close would be a good sign

It will be interesting to see how the massive short works out with Iran this ****ed I think they have messed up like when they all shorted VW as a takeover was in place

Brent Oil up over 5% to above $69

https://uk.finance.yahoo.com/news/russia-halts-oil-belarus-transit-144453454.html No oil been sent to Belarus

Trading update coming it will be good to see how much Egypt has produced 10,000 barrels was the forecast let’s hope its close