Member Info for thomasbrowne

FFCmember you seem to have conveniently left out my other card factory PLc post on the same page !!!

1* Because their business model could collapse very quickly if the high street footfall drops to much, and everything indicates a football drop, there will be a bloodbath on the high street if shoppers don't return in normal numbers, large numbers of people will loose there jobs , large numbers of people will be more careful with their money, it's just not a good combination of very possible outcomes, if I'm wrong card factory could be a great risky investment, though to risky for me, and believe me I take big risk. It just seems obvious to me they may get into trouble and very quickly, a lot of companies March on when they know things look terminal for making a profit.

2 *So the government is opening up non essential shops on the 15th June , hopefully that can kickstart
card Factory, now that should lift the shares tomorrow , excellent decision. GLA

3 *Well people were saying I was de-ramping here at 95p, let the share price do the talking then, I hope I’m totally wrong though, and card Factory ends up being the remaining and best card selling shop on the high street. GLA

So i try to warn investors to get out of card factory long before the big crash, and you try to turn that genuine act of kindness into a negative, truly unbelievable.

i sold out of card factory at a small loss when i seen what was happening in WUHAN, i then tried to warn other investors to what was going to unfold, and nobody believed me at that time. a very costly mistake.

also to turn the 24th of may into 5 minutes in burford, another lie i guess. is there no end to your negativity.

GLA

I pose this question ? We've all seen the rights and shenanigans on other forums, it can be horrible to witness,
Why not from tomorrow we all forget the past, and concentrate on getting all the good news about burford that we can get our hands on, the share price is going in the right direction, we all want to profit here, so let's try to have some respectability on this board before loads of good posters leave, to date I actually t think everyone has contributed to this forum in a good way.
Does that sound a reasonable request.

GLA

Jammyc I see you still haven't got over me telling you that Warren Buffett does buy British shares, like Tesco and diageo, and you telling this board he doesn't buy British stocks, what was that about then ?

GLA

Flakey5185 your idea around purchasing our own shares is a excellent idea, I feel burford may have even considered this option themselves but for the need to conserve cash when the pandemic news struck, a huge amount of companies have been justifiable spooked into ditching there dividends , cash is King during recessions/ ask Warren Buffet,

I myself would have agreed with burford in conserving cash, though I now feel your idea has far more merit right now, though by the time burford push that through our shares might be too high to make that substantially pay us or burford, it's a pity because it could have been a real money earner for burford. Burford should have had that option ready all along. I think they only have the option to purchase shares for the employees share scheme, though I may be wrong here, ?.

FFcmember Chris Bogart and molot created the circumstances around giving Carson Block of MUDDY waters the opportunity to make that horrendous shorting attack, there are other investors on here that hugely lost out because of that failure, yes others like myself have profited , I'm only calling a spade a spade, possibly company building experts with extensive knowledge would have avoided these- pitfalls. This is the reason why certain CEO'S take charge, and knowledgeable
Investors instantly know these people, they know how to assemble a team to build a conglomerate, yes Chris Bogart done extremely well to get as far as he did, / a multibillion dollar business , though I genuinely feel he should hire in more expertise to develop the business and develop his Bogarts own ability to become a fantastic conglomerate building CEO.

GLA

Blackstone is a global leading invest business, different types of investments that make money for their share holders, now to be honest I would just be overjoyed to see burford expand down a similar route , Blackstone takes money from 3rd parties to invest in numerous ventures and then they take their cut , we do the same but probably with a bigger percentage cut, now if burford could only bolt on a similar company like Blackstone , that could give burford many more arrows for its crossbow,
I was actually just thinking about that kind of bolt on to burford recently, or better still burford could make a great bolt on for Blackstone. I agree T.W.T given another 5/10 years and who knows burford just might do numerous bolt on's to give burford a sky high valuation, in fact burford would be a perfect bolt on for Blackstone as they have countless billions for investment, burford have a need for funding money and a terrific amount of top notch legal experts to serve both businesses, so a marriage made in heaven as they say. My belief is that our CEO is a good lawyer , but is he up to the job of building a diversified business like blackstone, normally I would say there are people out there who know exactly how to build a conglomerate like blackstone. That's why I would like a new CEO, or bring a expert team in to build burford into a more diversified business model like Blackstone. Now I'm sure that would make burfords share price fly.

DYOR, GLA

Time-will-tell. Yes brilliant Result to come home too, touch wood we are over the £5 mark once again, though this time it looks like it's quite a strong hard fought share price movement.
now All we need is for the short sellers to give burford a chance to get anywhere near a normal average PE ,
Burford done this with no regulatory RNS. news at all, it's because the company is so lowly valued and burford is a fantastic recessionary proof company. If burford is given half a chance by the markets it should consistently move towards that £8.20p berenberg bank share price target,
Thank you T.W.T For your Burford summary, it's always good to see the positives around burfords prospects.

Burford is looking rather strong, I could see it jumping very significantly if it gets any positive write ups from investors chronicle or any other media outlets, it just needs the shorters to leave it alone.
The share pushed through the first resistance point of ££5.11+p and then past the second resistance point of £5.22.+p if it can stay above the second resistance point tomorrow, then I could very well push towards that £6 level quite quickly, though I'm always afraid to put these things out there in case I jinx the share price LOL.

One of the best things I seen in that hardman & company report was just how carefully burford picked it's lawsuit cases, with only a tiny proportion going through and being accepted by their stringent lawsuit committees, I guess that's why we have such a high win rate, and yet that cherry picking of the best lawsuit cases to fund is about to rise significantly during this recession.

Everything is looking great right now let's hope it continues for the next 5/10 years .

Please DYOR, GLA

Armada I'm unsure to the exact mechanism of a dual share listing, though I'm guessing it's not to difficult to divide a companies free floating shares into another jurisdiction, burfords Liquidity is already excellent, though it just takes a smaller number of enthusiastic investor interest in the USA to send burfords shares flying, or falling depending on the news flow from burford, they should also roughly mirror each other in price, though I have seen shares I once owned differ for a few hours by quite a lot, that's unusual though, as someone somewhere will spot it a make a move to capitalise on it.

Burford buying its own shares and then selling them into the USA Market, they could do that after shareholders approval, though I wouldn't bet on it just yet, it could actually be a great investment for burfords share holders though, they are very cheap at this present time, though as burford have a already stated they have passed on the dividend to conserve cash at a most unpredictable time period/ pandemic. They may also still wish to conserve cash and make investors feel they are being prudent with the cash reserves. I can understand that thinking, it's been a traumatic time for everyone and especially burfords
Accounting departments.

GLA

Your very welcome littlepost,
Believe me there is plenty of shenanigans going on in share buying and selling, the people who do it prey on innocent vulnerable investors year after year, as we seen yesterday's fall to around £4.35p and for no real reason, and then again today
Back up to the £4.70s and again for no news or real reason, other than / probably some one may be orchestrating it,

I myself often mention the Berensburg Bank price target of £8.20p that comes from a respected brokers call, not mine. That's my reasonable price target, though anything can happen in this game.

For all you know there may even be a hidden signal to buy or sell from hidden identities, and it shows up as numerous sells at say 100 , as we've seen here today 22 X 100 share sells near the close. A highly speculative theory LOL.

Another point worthy of note, I'm always open to be completely and comprehensively challenged here, on any matter whatsoever, no matter how strongly it's held, though a basic level of respect should always accompany that opinion, a perfect example of that is GekkoGordon , I genuinely respect that gentleman.

Kind regards, GLA

GG I've read what you've written ok, we just respectfully disagree with each othr, though I have painstakingly went to great lengths to explain my position, Warren Buffets business model et, I don't think I can do no more, though I appreciate your passion in your beliefs and still remained respectful to other posters, that's a testament to who you truly are sir,

Kind regards.

FFCmember that was extremely disrespectful and unwarranted, I myself have struggled for a time period to understand all the funding needs, that level of disrespect has no place on any forum . There's absolutely no need to use that language when you disagree with anyone,

Regards

Warren Buffett buys shares in levered companies/ indebted companies, though he's reluctant to buy any heavily levered company unless it can pay him back . As he's $137 billion in the bank he's a perfect example to show other investors how to use your own money and not rely on complex and often expensive financing, complex as FFCmember the average investor understandable took some time to understand how the bond funding works. For a average investor it is difficult to understand why burford has all these totally different types of funding in place, but once you understand and know it's not.

Burford debt model is not easily understood, I took some time to understand why it needed all these types of funding, it can actually make you feel that there's trouble hiding somewhere, but that's not the case at all, it's debt model is perfect for its current needs, though as I've stated if burford made $10 billion profit tomorrow , does anyone really think they would need any debt other to take money off the tax man ?

I agree with you it's most likely burford will need debt until it makes that $10 billion profit one day. LOL

GLA

Little post that spread can be anything at any given time period, the market makers that control the prices can open or close the spread,

Take a look at the near enough straight sale of 22 100 share sells at 16.29,36 is that a market glitch or a orchestrated so controlled sell off. ???. Unusual to see that many near enough together.

GLA

GG its not me you need to convince it's Warren Buffet, who has practiced what I've just stated for 50+ years,

Corporate finance can be fantastic, and very complex should you have complex needs, or if you take a straight forward approach it can be very easily understood and used,

As you've just seen by FFCmember it can hard to understand and complex to a ordinary investor, but a great way of making money that you don't have in the bank as clear profits to use.

I do clearly understand how finance works, though it's only complex if you make it complex, burford truly needs these complex ways of raising funding money to make lrofits, that's a given, but as I've stated earlier if we had billions of profits in the bank we wouldn't need a penny of debt, unless it was to reduce our tax bill, after watching Amazon and others avoid tax that way, surly that has to come into question unless it's genuine debts, and not artificially engineered debts.

GLA

GG the point I'm trying to make is this, if you gave burford £10 billion right now they would then need no debt, if burford had a unexpected lawsuit win at £10 billion profit it would then cancell out and probably get rid of most if not all of its debt, it wouldn't need bond money or The S.W.F money, and could keep all The profits from our litigation settlements.
The reason it has debts is to get its hands on other people's money to make a profit from that money,

Burford wouldn't need any debt at all if it made billions in profits,
Just ask Warren buffet about using your own money to fund your companies success, he has around $137 billion, and the only debts he has is to reduce his tax returns, that's why numerous companies load up with debt to reduce the tax bills, and then get into trouble in recessions, that's why Warren Buffett accumulates billions until he hits a recession and then buys UP companies that can't service there debts at a low price, that's why he's a king in investing.

Burford absolutely needs debts ok, but only because we can't replace that debt with our own billions.£$

GLA

GG no I'm very clear that the S.W.F doesn't lend to burford per-say , let's just call it a investment that's safer than other types of lending, the huge amounts of money the S.W.F directly invest in burford is injected because the returns are so huge, and the risk are kept as LOW as possible/ with burfords lawyers picking the safest lawsuit cases possible.

Ideally we want to issue bonds with the lowest interest rates possible, so that may mean paying many different interest rates over many years on different lengths of bonds. That's a very good thing, and one day we will hopefully have made billions £$ and then need little or no funding at all, in the mean time, what burford is doing is using a truly fantastic business model. And one that every other litigation funder uses to their advantage.

GLA

FFCmember. Most of the reason burford uses all these different types of Litigation funding is to spread the risk out in different types of funding models as possible, sovereign wealth fund, bond holders etc, they proportionally take the risk with there own money , and burford takes the 60% profit made from the S.W.F funding money, how fantastic a business model is that, the bond holders get promised a much smaller share of that profit, though their actual money is not at risk as long as burford stays solvent. for me it's a sensible respectable lawyer based business model that's trying to reduce our shareholder risk and put that risk onto other funders, namely the S.W.F. And yet we still get 60% of any settlement money. A truly fantastic business model in my humble opinion.
Very soon AMERICAN investors can share in the huge rewards and push our share price to a historical high.

PLEASE DYOR. GLA

FFcmember Burfords debt is not a normal typical debt, they borrow money for the safest litigation lawsuits that they can find, they get there litigation cost back + a proportion of that litigation settlement,

That money gets spent and hopefully returned in around 12 months or so, the biggest amount of that money gets returned as profits, And overall we clear a great profit margin, It’s not like we buy machinery or plant with that money, it essentially stays intact, that’s why the sovereign wealth fund lends to us year after year, now if we can issue more bonds then we can make more money taking less from the S.W.F
as they get 40% of any litigation settlement money, as we get 60% settlement money using there money, if the market sees Burford making huge sums of profits then much higher funding from the bond market should ensue. with Burford only paying
5 % / 6 % Interest on them bonds, if Burford holds onto more of there profits , then that cash balance would give bond holders much more confidence in holding Burfords bonds. Also that in itself could mean us paying even a lowering of interest rates on any new bonds, the lower the risk the lower the interest on any bonds, investors always feel safer for Burford to have substantial assets per share when buying new bonds.

GLA

Yuri.F Do you think burford would have delayed our next set of financial results until September so we can list in the USA new year !!!.
We should barring any unforseen circumstances LIST in the USA before September , and probably July / august,
Burford like other litigation funders will have large amounts of different types of Litigation funding money thrown at them,
I feel the bond market seems the best and so far cheapest avenue to raise new capital, also that doesn't dilute existing share holders investment.
Also if you have a recessionary/ resistant proof business model like burfords does, then the USA listing should substantially increase our share price and the number of investors to litigation funding company shares.

GLA

A financial service licence, litigation funders offer a financial service, a licence to operate seems logical, though this does seem politically motivated, it would be a brave politician who tried to stop any litigation funder from effectively helping their own voters, the media and tabloids would attack any government body who stopped anyone from helping voters claim compensation payouts, and right now all businesses big and small need litigation funding to help with lawsuits, this can keep the coggs of industry and the legal system turning over. It's tantamount to political suicide to stop or hold litigation funders back. Lawyers doctors need a licensing authority to practice, why not litigation funders.
though it just goes to show you how powerful a financial tool litigation funding can be when it probably needs licencing.
GLA

Well flakey5185 has very nicely laid out most of the reasons to invest in burford, I'm not saying someone won't bid for burford, I'm saying it's just most unlikely, we have a really bad recession coming, we are in a historical pandemic, Banks and institutional investors around the world will be conserving cash, wealthy American private investors will/ have pulled a lot of money out of shares, and the smaller American private investors are putting there money into shares, a huge amount of American private investors are putting there $1000 dollars from the state into shares,
To pay a few Billion pounds right now for burford wouldn't be the normal protocol during a cash tightening banking or institutional exercise. they will be counting the pennies right now. I'm again stating I'm not saying a takeover won't happen,
It's just most unlikely, unless burfords management get the backing for there own takeover , that's more possible than a outsider bid .
As far as guessing future SP predictions, sure it's only, but not completely, a bit of FUN.

I've seen some companies shares horrendously battered over years because of mistakes and all kinds of media and other attacks, most eventually come back to a normal share price level, though burford is something special, it really has the potential and opportunity to make any amount of money at any given time frame, when I say billions $ € £ in profit,
I really mean that, because this sector is still only getting started after a decade of consistent lawsuit wins.
When it gets fully established in America and around the world , then the consistent huge earnings should be coming in every year, with the potential of huge class actions and commercial billion dollar deals being done, that potential is what I absolutely love about this company, when the penny drops with American investors then our share price really could hit £26+ in just a few years time, our earnings in just a few years could/ should explode upwards, please ignore today's gyrations of our SP , as it will look truly and unbelievable cheap in just a few years time, I remember a poster telling me he bought £10000 ASOS PLC shares at 7p and sold they at around 10p , he was delighted at the time with the profit, until he seen them hit £70 several years later, and sitting at near £30 now, just that £10000 would have made him a millionaire .
I'm not saying burford will repeat that spectacular rise, but they could Multiply by X 10 in 3/4/5 years time.

Please DYOR, and never ever invest with anyone's HYPE or Enthusiasm, DYOR,DYOR,DYOR, I can't say that enough.
GLA