Member Info for Renegade

Well spotted Couerdelion!

I took the info from an email that I received from webinar.com confirming my registration and timings. Having just reviewed it again, they obviously got the UK GMT timing wrong compared to what's relayed on the Burford website:

https://investors.burfordcapital.com/events-and-presentations/investor-day/default.aspx

Don't forget to register, get in there early.

"Burford Capital 2025 Investor Day" event on Thursday, April 3, 2025 at 09:00 AM (GMT-04:00) Eastern Time - New York.

Having looked again at yesterday's RNS, it is interesting to see that the management (BoD) share purchases on the 6, 7 and 10th March 2025, were all obtained post the "4Q24" and "FY24" RNS initial results reporting. At the time of the share purchases, the SP was much lower than the SP had been leading up to the release of those results (previous weeks). This leads me to believe that the management (BoD) are aware that the shares were extremely good value at the price that they paid (the SP was at a low) and/or, that there could be new settlements in the pipeline which are close to completion or have been promoted and will be completed in the very near future.

In simple terms (and after the market's initial reaction to the "4Q24" and "FY24" RNS - the SP drop) the SP is now reacting positively to the management (BoD) share purchases and the market in general now see's greater value in the near/short term.

As big "C" said yesterday:

"As founders of Burford, Jon and I have always been highly aligned with shareholders in owning a significant stake in the company. We are excited about the trajectory of the portfolio and our business, and believe strongly in Burford's ability to generate shareholder value through the business of law. Following the recent movement in our share price after what we believe was a terrific year of performance in 2024, we have purchased more than a million additional shares, joined by other members of our senior leadership team."

Great news and just what the SP needed. A firm positive response by our management to purchase more Burford shares.

Upwards and onwards from here.

Didn't Donald J. Trump promise to end Europe’s largest war since 1945 in one day.

Jog on Donny. Jog on.

Possible outlook looking forward:

1. The vast majority of the world will now see Trump for who and what he really is. How many American's voted for this?

2. Trump will lose votes at the ballot box because of his proposed concessions and outspoken support for Russia today. The USA doesn't like Russia. Never has. Full stop.

3. Europe will unite. European arms manufacture will accelerate and aim to become independent of the USA.

4. USA trade in Europe may suffer as a consequence (don't forget, he's already upset Canada and Mexico too).

5. Rare earth minerals in Ukraine go to Russia???

6. Denmark and Greenland take centre stage.

7. USA attention now drawn to China and the far East. Taiwan next???

8. USA becomes isolated and in a world of hurt.

9. Trump humiliated.

10. Musk becomes President Lol!!!

WTF happened there then?

Exciting times.

Https://www.infobae.com/opinion/2025/02/24/el-encarnizamiento-terapeutico-contra-la-republica-argentina/

You may need to translate this link if you're not automatically set up.

NYSE closed on Monday 17th February 2025 - Washington's Birthday Holiday celebration.

Be aware, appropriate party tricks may be applied in anticipation.

MarketWatch have reported that on 31 Jan 25, USA Short interest went down to 2.43M shares.

Another good sign.

Last year, Burford's annual results for year ended December 31, 2023 were issued on 14 March 2024.

I hold my breath.

Https://www.gbnews.com/money/bank-branch-closures-lloyds-banking-group

NYSE closed on Monday (Martin Luther King, Jr. Day and Trump's Inauguration).

It will be interesting to see what happens later on in the USA with regards to Burford trading on the NYSE.

The Spanish translation reads:

"On Friday, there will be activity in the YPF Expropriation Case file related to the transfer of ownership of the oil company's shares to the beneficiaries of the ruling".

The market may be expecting bad news. The live SP is now $13.07.

Recent Seb post:

"Docket activity is anticipated on Friday in the YPF Expropriation Case regarding turnover motions".

Watch this space.

The USA SP just dropped over 40 cents in the last hour (live SP $13.15). Hopefully it's the MM's allowing the shorters to get out early.

Lets see what happens in the next hour or so.

Declared interim dividend of 6.25¢ per ordinary share payable on December 5, 2024 to shareholders of record on November 1, 2024.

For shareholders electing to receive their dividend in pound sterling, the interim dividend is 4.845352 pence per ordinary share, based on the exchange rate of £1 = US$1.289896 set on November 6, 2024.

That's Christmas taken care of.

The NYSE will be closed on the Thursday, November 28 for Thanksgiving Day.

Trading in the UK could therefore lack direction but should still be interesting nonetheless!

Btw, that's the lowest USA Short Interest figure since the end of June 2024 but it's now generally double what it's been in early this and last year (2023).

USA Short Interest went down by over 3M shares on 15 Nov 2024.

Now standing at 4.64M shares.

Https://www.sundanceresources.com.au/irm/pdf/8a5f8d69-e319-4418-b27e-c9efd24df44c/Update-on-Congo-Proceedings.pdf

All in all, it looks like it's going to be an interesting summer for Burford.