Member Info for thomasbrowne

I’ve recently bought in here at a average price of $260 , the thing I can’t get my head around is why musk couldn’t see what he was doing with Trump and Doge, and the implications for his own company investors, Warren Buffet doesn’t like Trump and the likes of him, though he knows enough to keep his mouth shut when it comes to protecting his own company’s investors , musk seriously needs a PR team around him to protect him from himself and his own inflammatory words and rhetoric, I’m no brain , though even I knew how stupid musk was when getting closer to Trump and trying to badly influence foreign governments , let’s hope musk has learned his lessons.

Just caught this funding news now, absolutely brilliant news to get into my email now , these funders never ever take these cases on unless the independent experts they employ say so, so that's a monumental endorsement that this case against Samsung is very winnable. The potential settlement could very easily run into the hundreds of millions £4/£5 + hundred million, the cost of litigation could easily run into a hundred million pounds itself, so this litigation funder must be pretty certain about the outcome,

So in just a couple of years time nanoco could very easily be 8 or 10 times today's price, I'm certainly going to tuck some of these away for that potential outcome, that means nanocos share price should be much higher nearing that court case.

This is a resounding success for nanoco's BOD to enlist one of these big IP litigation funders, they only ever take a very small percentage of these types of cases on, I know because I made a huge amount of profit buying and then selling one of them,
and only when the fundamentals of the cases are very strongly indicating a breech of negligence that's Visibly down on paper. With very little wriggle room to be wrong. I have to hand it to nanoco for getting someone to put up the massive amount of financing for this case, A truly brilliant stroke form the company. I will be so glad to be on board this company going into a easy won case, Samsung have behaved very badly and I can easily see the judge hitting them with punitive damages of 3 X the loss to nanoco.

I'm very busy with work to post as much as I would like, but this is one share I will happily tuck away for the future. Excellent result, a winner all the way to a truly huge settlement figure, and the share price will reflect that potential long before any court decision is made.

Please DYOR, and never ever buy / sell on anyone's recommendations or hype. GLA.

I agree with all that ffc, though I think there’s choppy
waters between now and the much higher prices, Cheers now .

Yes ffc probably after our stock market is closed!!! Ahhhh

Sorry posters , very busy day, I sold out my remaining shares this morning at £5.35p. They were all profit ones, I just couldn't accept losing this decent profit no matter how good I thought the company was, it's was that simple, burford went through all the pivot support points, I made that decision yesterday evening to sell first thing this morning, I felt the American market would drop today, as most people would have expected a serious amount of profit taking, as burford has dropped beneath all the support points , then it nearly always will tests the next support point which is £4.93.508 and then £4.82.016,
it may rise again tomorrow before testing that first £4.93.508 support point, anything can happen in this game,

All of the best market forecasters around the world are stating that the market will fall to reflect the economies around the world , namely America, I absolutely love what burford does, and I think it will do well out of this coming/ in big recession, though I'm happy to wait a we while to see how this market behaves, I sold my shares using my own money at £4.78p before they rise again to £4.85p, my decision to sell has always been brought on by the scary heights of world markets , especially the American one. I acted decisively and it's paid off, my timing was because I listened to the best brains in the world of investing.
T.W.T thank you for that pointer to the company meeting, though I'm no longer a share holder now, but who knows tomorrow may tempt me back in again. I'll watch to see what the markets do overnight !!.

Good night everyone, GLA

Sharemania hopefully this will help you, to right down to the bottom until you see UT then the explanation,
I've always seen it as a Market makers book keeping exercise,
I don't believe it's a shorting position,

https://help.stockopedia.com/technical-guide/prices/faqs/london-stock-exchange-quotes

Kind regards.

Link

https://uk.reuters.com/article/us-repsol/spains-repsol-sells-package-of-argentine-bonds-for-2-8-billion-idUKBREA480QK20140509

This link is what I've been looking for to make sense of how burford can monetize any settlement of bonds. Burford I'm sure will be familiar with this bank, they or another bank can buy our potential bonds from burford for another reduced rate,

Burford and Argentina's lawyers are to sort out how they are to proceed forward with the case on the 19th june, and that just happens to be the same day Argentina is going for a wealth tax on 11000 of its citizen's to raise several billion dollars to help there economy out.

Great to see these shorters reduce there positions, though should there be any market fall , I'm sure they will play there hand very quickly, whilst I'm confident about burfords prospects in the long run, I'm less confident about the world's markets in general, so now I've taken a position to place most of my profits into burford, so no matter what happens in world markets my average cost per share is now O

GLA

I'm a non investor here, though I wouldn't be surprised if someone somewhere wasn't running there ruler over AG, it could have huge potential to the right company/ companies, it's still a new and constantly evolving technology, All it's potential uses may not even have been established yet. Worth keeping a eye on now. GLA

Burfords lowest estimate for damages with the YPF / Argentina is around £1 billion,
They have sold off around 40% of that claim to institutions , I was wondering why the institutions would spend hundreds of millions on a case that Argentina can ill afford !!! .
And then it hit me , this is all about getting this essentially solid case into court to collect probably around $3 billion in Argentina bonds money, now if Argentina can't pay cash / that's obvious, then $1 to $3 billion can be traded and sold to write off any tax that any of these companies have, it's a essentially a legally sophisticated tax avoidance scheme,
Burford have a sophisticated investment arm , so they know how this works,
The institutions pay say $2.5 million each , and no matter what, the least they can write off to tax is there initial investment, but with the potential to write off to tax of near 3 times there I initial investment, $7.5 million,

Now if burford gets the 60% of the settlement then these bonds are still tradable on the USA exchanges , if they wish they can sell these to 3rd parties at a reduced rate , so others can write it off to their own tax bills, , burford can use any amount to sell they deem necessary at any given time over many years,

And that's were the real money will be earned in this huge case, the institutional holders can write off around 3 times there initial investment to tax, and we sell these bonds off cheaply to others to effectively do the same thing, we get the cash they get the tax relief, what a fantastic way of monetizing this huge lawsuit case.
This is how we collect a fortune from this case, it's brilliant.

So for anyone out there who's fretting about collecting cash from Argentina, forget about it, it's the American institutions that will pay us hundreds of millions for our lawsuit settlement bonds. That's why 42 American institutions snapped up the opportunity to potentially triple there money. Now it all makes sense now. A brilliant financial stroke from burford, because Argentina have already compensated REPSOL, in legal terms and thinking this case is as good as settled bar Argentina appealing or negotiating the settlement figure out of court.

This is only my belief, it's not just a theory, because it makes perfect tax saving sense .

Please DYOR, and buy/ sell with extreme caution and due diligence, GLA

Thank you time.will.tell, and to everyone, though a I have to say FFCmember you've redeemed yourself with me after converting that Spanish into english, great big smile here, I struggled to get that converted. also those 12 slides were a great reminder to the fantastic potential of burford in any recession, it's so easy to forget just how recessionary proof burford really is, Excellent sir.

GLA

Argentina haven't a leg to stand on regarding these cases, they have already admitted liability in compensating Repsol the Spanish company for the share they seized, it's one thing crossing the Spanish government and courts, but it would be commercial suicide to cross the American governments legal system, if Argentina doesn't pay up and respect any settlements, then they simply may not get access to the big loan money, that's how it works, they struggled to pay interest on there American loan notes of around $500 million dollars in interest a few months ago , the one thing Argentina can't afford to do is not pay there interest, that shuts them out of the capital markets, now that would truly devastate Argentina.
So they have to find some way to pay burford in any settlement or things would really be bad for Argentina.

I strongly suspect burford will already have idea's at how to get money out of Argentina, they are the experts in these types of situations. No disrespect to anyone but I don't mind burford getting into the oil industry as long as we get payed, LOL

GLA

Peterson case, I thought that was all settled regarding which court it's heard in , so your saying they tried there own courts again ! I just wish they would get this case into court.

https://burfordcapital.com/media-room/media-room-container/us-supreme-court-denies-petersen-hearing-further-burford-sale-of-petersen-interests/

Tommy25 iweb is completely down ,technical fault.

GLA

Another thing I thing that is important, when we get our USA listing normally institutional investors would normally have to go and pick up some of burfords stock, we will be valued at over a billion dollars, a lot of these institutions must pick up X amount of stock in good companies valued at different valuation levels, we should be perfect for this to happen, now that should improve liquidity enormously, just that set of circumstances should increase burfords share price significantly . Also the very fact that our business flourishes during a recession means the USA markets temptation to hold larger amounts of burford stock is more likely. It's all looking positive now, please don't discount what burford can do during a very possible horrendous recession, and in the face of very possible volatile stock markets. It can sail through very stormy seas, as we've just witnessed.

GLA

Burford jumped 70p today, before and understandable profit taking pulled it back, now after seeing that fantastic rise how quickly can it get to that low average price target of £8.20p , it's about general confidence in the company and the general world stock markets, it was a excellent time to take a high point share price profit, now hopefully after the horrendous shorting of our stock has ended , we should get a normal buying/ selling pattern taking place, that should cross your fingers , see us marching up to a average priced share price and valuation, though if we get any favourable news flow from any source then a premium we will have, we all deserve it, especially the LTH, long term holders, they have suffered more than most in all sorts of unpleasant ways,
Whatever high our share price hits today , it will return there in its own good time, and then surpass it in the coming days and weeks, I'm just delighted we eventually smashed through that £5 barrier, hopefully we can smash through every barrier until we hit £26 , yes £26 in a few years that figure might even be well behind us.

DYOR, please always buy/sell with extreme caution and due-diligence. GLA

Mathurin I couldn't have put it better myself, the Excellent Hardman report may have put some meat on burfords potential , and to confidence building with investors . Could burford double in 12 months, it may even double in the next few months,
Investors really need to understand just how much burfords earnings could potentially explode upwards in the next few years, it deserves a recessionary proof premium of a share price, the USA listing may just deliver that premium, or it will be snapped up by a larger conglomerate ,who can fund all its lawsuits and take the full profit and earnings, the higher our share, the bigger the share price jumps , as we are still very cheap that should continue until we get a fair price for our company's shares.

GLA

We past the 1st Pivot resistance point at £5.40+p

The next level resistance pivot point is ££5.55+p at the moment we have also past this point,

GLA

PS, correction I bought into burford on the 24 th of april 2020

GekkoGordon thank you for that great positive post, I agree wholeheartedly with what you say,
I own somebody a apology here, as I stated I thought a takeover offer was unlikely, though taking into consideration what you have stated , with our shares listed in the USA there seems any amount of big companies that could swallow us up with there shares alone or a cash equivalent, the money we pay the sovereign wealth fund currently 40% of the settlement money from using there money, that alone may fund or help pay for a multibillion dollar takeover, we actually could be a fantastic bolt on for Blackstone , fortress investments or Vannin capital, there could be many many others out there, the futures bright, the futures litigation funders.

Good night everyone. And GLA.