Member Info for Poindexter

Ha ha; Now I'm really worried - it's three years (let alone one year) since my initial BUR investments, North of £16!

Lowest close for 5 months. Really poor against the UK market medium, but so bad (-10%) since nyse listing against storming US market that it's embarrassing, and I'm a little concerned that, for all burford merits, having languished for more than two years, a correction in the us will push it lower still. I wonder if the operational staff get share LTIPs/share save schemes etc - nothing like that for incentivisation and getting the good word out there. This long term share price baffles and infuriates me

Ugh. Sub $10; miserable performance since listing. Needs more than a notice of a few operational staff appointments.

I does surprise me that PIs don't take advantage of the pre US open spread from the UK price that goes up to about 4% several days in a row and quite predictably, then closes dramatically upon the us open. I do it sometimes, but currently out of spare cash to play with.

From memory, I think it was 3 times more expensive, but 5 times the reward.

And interesting that settlements are being delayed as much if not more than court proceedings.

25% of share trades being on NYSE doesn't seem that high to me, and to have been flat since listing, against a rocketing US market - isn't very impressive. Bogart could do with wearing out more shoe leather to get the message out there and whip up some (much warranted() excitement. Stateside, especially if they've moving fully to GAP.

There must surely be an opportunity to profit from DIY US/UK arbitrage day trading on the fringes, with this drip feed selling mid morning, then demand and price firming up almost every day, with the US open?

My reckoning was for multiple supports just above 750. But being listed on aim really does suck (aside from the lack of stamp duty) - constantly bigger trades being worked through the exchange buggering the price. Anyway I'm pretty comfortable with loading up at 755.

Through $10 now. Starting to look like something's afoot. I mentioned before that it would impossible to stop parties associated with Argentina from buying up BUR in advance of a settlement or verdict. I did expect that wouldn't be until they're all standing on the courtroom steps next year, but maybe that's what's going on?

Thanks dagobera - I wish the market would read and absorb these points - they really don't seem to grasp it. I hope Bogart labours it until they do.

I sincerely hope Bogart gives us some reasons to be cheerful tomorrow - this hound dog sure needs it.

Did you read " creates a negative stance for Burford" in the Argie press, (eg pagina12) or somewhere else? I still can't understand why is Burford's fault if Eskenazi continues to snub the judge (third time now). The article points out the judge has no jurisdiction over Eskenazi... But nor does Burford. He self evidently is not a beneficiary - if he was, he would assist the discovery.
Anyway, this might explain the weakness last week - I did wonder, but couldn't find a source.

All time lows on the NYSE - not a great look!

I thought the inverse - that a superficial reading of the update looked pretty disappointing, but it took a much deeper reading, and joining all the earnings pieces together (funds, no Petersen contribution etc) which made it look good. So I nearly sold within an hour of the RNS, but then didn't, after careful reading. I wish I had sold, but it seems institutional investors are not that sophisticated in their analysis, at the AIM level at least.

Yes, and youonly. Abacus I'm down about the same amount, maybe more, I daren't check! NYSE a bit further down, although it's the first time in a few days there hasnt been a toxic dump of stock after the close.

Well £6 is obviously very strong support, but likewise seems to have a gravitational pull - just when it seems to begin a meaningful recovery, he we are again... and again! Nice earner for the IIs, effectively dictating the price, and flipping between short and long.

Ho hum, could have gotten 1-2% cheaper today. BUR does seem to have an irritating propensity for round numbers with the big players able to move the price. What's next I wonder. A nice round 1000 (my break even) seems a million miles away!

Nice. I waited until the usual 4pm swoon for my top up. Onwards and upwards, fingers crossed!

(And like you I think GSK has been driven down too cheap, so bought more of those for the sipp)

"drop tomorrow as usually on a Friday ... then will add additional shares"
Always! (buying back at 4pm sometimes works nicely.)

A negotiated settlement would have the hidden benefit that payment would be assured, structured, and not the usual up hill battle. Plus, the SP could do with a jolt of optimism, out of the current funk.