Member Info for JammyC

But it doesn't detail any recent changes. My guess would be that is a system error resulting from the dual listing. The falling SP supports this as if 1.5% of stock had been bought i'm pretty sure we would have seen a rise in the SP.

Maybe ask Mr F how Manolete fund and acquire claims? My understanding is that it would be the same here other than that the estate would receive more of the collectables - making RBGP the more attractive option. Look to the future rather than the past.

Ian - She isn't here learn. Why would she publicly bad mouth yourself and the company while supposedly attempting the sell large quantities? That's not the action of a rational being, rather someone rightly concerned about their Manolete holding or someone short on a grubby spread bet thinking they can influence the market.

I hope you lost patience rather than patients?!? :)

Have you not seen Mano's vintage's table and their money multiples? RBGP rightly want some of that and have the competence and resources to do it. IPs have a duty to do the best for for the estate so are obliged to get the best deal they can. If RBGP offer the same benefits but undercut Mano on price (while still making a healthy margin) they will get the business. That seems quite obvious to me and will no doubt of had an affect on Mano's SP in combination with the SharePhophets attack. Thankfully I only have a small holding there @ 300p as have concerns it may drop further with. Mano's PE being > twice that of RBGP's.

As for the payment that was disclosed via an RNS, It clearly stated the total amount was 1 million and that is was a one off.

Crockedskier - and me. I increased my holding on Wednesday by 10% at 7.32. it immediately rose and then fell! I was expecting/hoping for some serious after hours buys today in readiness. I can only see the sp rising due to increased demand but by how much I don't know. Or even if it will. Hopefully Burfords IR team will be working overtime for the next few weekends. Gl all

You stated "Ian brings in literally 90% of the business". While I doubt this is true, I can't disprove it - I only know that revenue per fee earner was £497,500. If however, Ian does bring in a significant outsized share of revenue, this does IMO make commercial sense.

Thankfully the business is transitioning (albeit poorly timed but who could have predicted Covid) so that it is less reliant upon RBL and we are told that Convex activity has markedly improved. Lionfish appears to offer significant opportunity, in particular with their ISLERO offering. I hold Manolete but think IPs will be duty bound to use this cheaper option allowing estates to receive a greater share of recoveries, while still enjoying the benefits they do due to the model. This is a huge addressable market.

For those that missed the webinar:

https://www.youtube.com/watch?v=XewqX6hvPws&ab_channel=YellowstoneAdvisory

There was an rns detailing the arrangement so she could hardly be shocked. Your perception was very different to mine. Perhaps because you sold at a lesser SP!

Only some brokers are suspending transactions. Many others are allowing the buying and selling. iWeb is one that does.

I see Gladstone and Kuvari are still showing shorts of 1.86% combined on Shortracker. You've got to wonder what they're thinking. You'd think these would be bought back prior to the 19th, but also that they'd have closed by now. Every day that goes by it must get more painful for them. Not that I care :)

FFC - I do consider myself lucky on this occasion. I could have had to pay a much greater penalty. That first offer was the best price of the day and had I awaited a further offer my penalty would have increased. I'm hoping my timing is also close to optimal with Mano - It looked too cheap with potential growth so dipped a little toe in. They have been victim to a similar short attack as Bur but from admittedly a less sophisticated and respected outfit. I had been tempted to put it in BUR but already have a lot of my eggs in this one basket - judging by todays SP rise I may have made a mistake. Long may the rises continue!

got back in with a loss of 1 share. I could have gained a whole share but got greedy and let offer lapse think I may get a better one. I didn't! oh well, It could have been far worse.

I feel rather silly but expected the sp to show some resistance at last high from results day. It looked like a spike but was wrong. Hopefully I can get the 10% back in without any penalty. Looking forward to next week and hope for more of the same once listed in the US. I think we have all deserved this past week for the patience shown. All the best

BBH - I'd quite like your holding at this moment. I was daft today and sold 10% @ 748 - thinking it would drop, like it did when it hit 760. You win some and you lose some I guess, although id rather not lose these. I'm selfishly hoping Trump will do or say something silly this weekend and create a gap down on opening so I can buy them back (and a few more would be nice). It's probably odds on! The Trump bit at least.

Have we only got a couple of trading days next week?

...and the oligarch has been ordered to reimburse them their costs

Vintages take time to come to fruition. Only now are we starting to see the increased deployments from 2016 onwards starting at bear fruit. While the slow down during the lockdown is not optimal, we have 4 years worth of deployments still going through the courts. So long as Bogart et al are correct in that opportunities are increasing, and likely to substantially ramp up in the next 6 months and years ahead it doesn't cause me great concern, particularly when we know earnings are lumpy.

If the YPF cases were to pay, the earnings would dwarf any impact from the lack of commitments made during this, to date, relatively short period. I just hope the future opportunities we are told are likely to present themselves do. I have no reason to doubt Bur in this regard or that of other providers.

I thought you advised your buy in was at 980 GTX? It was your TB persona that bought at 360

A nice auction could see us at the days high, which would bode well for tomorrow.

I hope not into CINE?

Thanks TWT - a pleasant read.

Dag... I believe so. Current fx rate is c. 129 so equates with the "That equates to EPS of about 100p"