Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
The ceo Alone holds £36 + million worth , he will be back soon to top up once again.
The profit takers Understandable have moved in, before the buyers Move in again and push the share price up to our short term target of £8.20p .
DYOR, always buy sell with extreme care and due diligence. GLA.
Remember when this money comes into burfords coffers £639million , then confidence should increase substantially, with much more to come from the remaining year, £8.20p here we come.
https://www.cityam.com/burford-capital-shares-jump-as-it-predicts-coronavirus-litigation-boom/
DYOR, always buy with extreme care at all times. GLA
There’re putting there money we’re there mouths are , I think they are to buy much more than that though, that’s the sensible thing to do to build up confidence in a company that’s been put through the wringer, albeit some of there own Failings, they have large holdings ok , I’m sure they would wish it to fetch a fair price , When the confidence tide really turns here , the future earnings should be very significant indeed, and all thanks to this economic world depression . The worse it gets the more the lawsuit workloads and profits come into Burfords coffers. It’s a pity life works this way, but there’s always winners and losers in a economic depression, and Burford just happens to be perfectly placed to monitize during any downturns.
Tomorrow should be interesting, good luck everyone.
Please DYOR, and never buy on hype or some one else’s enthusiasm.
WOW !!! that 120000 share buy = over half a million £ pounds worth may just set proceedings for tomorrow . Will it be a spectacular start to tomorrow ?, Or is there great news on the way, EITHER way I'm delighted with today's events, I topped up again today at £4.33p. will it be £5 or £6 by Friday, let's split the difference and say £8.20p LOL
DYOR, never buy or sell on anyone's hype or enthusiasm, GLA
I'm guessing the shorters may have played the MW and media reporting on it out !?
I'm hoping they decide to make money now on burfords steadily rising share price, they can do that ok.
From that MW last news release, that would inevitably get reported and added too in most investors in boxes/ investors chronicle etc. Now hopefully it now been discounted to some degree, and we can start to repair the damage now,
Good news flow will only be a matter of days and weeks away, when that happens you can bet your bottom dollar we will take off heading towards a USA listing, this share will mentioned again in all these social media investors platforms, as it hits that £8.20p level. I'm confident about that, no matter what the general market does burford will stand out as a opportunity to invest in a company that can make astonishing amounts of money at a given time, literally hundreds of millions of dollars can be earned from one single case, the potential is unique and unequalled in litigation funding, and its about to grow substantially over the next few years, I'm happily on board to ride this the whole way to the top.
Good luck to everyone. DYOR,and never buy and sell on anyone's say so.
Correct ! The shorters are kicking the hell out burford at the moment !!!
what burford really needs is that news about those hundreds of £ millions of lawsuit receipt money coming in ,
it's very perplexing to watch world markets, they should all be well down and yet they are fighting back big time, but for how long ? people are probably asking themselves what's really happening !!.
Todays share price was difficult to watch I thought ! Or " painful "most would say,
Anything can happen in this wild crazy market place. £5 + I have absolutely no doubt it will sail past that one day, just some good news and burford will fly. It might be tomorrow, who knows. Good luck to everyone here.
DYOR, invest with great care and vigilance.
Burfords looking very bullish now, hopfully the Muddy waters media reporting is now out of the way, and we can get on with getting burford to a reasonable share price of £8.20p, though let's get it over the £5 mark first, the chart is looking great now, comfortably past the first pivot resistance point of £4.45p+ , this all looks great for a sharp movement upwards in the share price, I topped up on Friday at £4.15p , there's a long way to go to attain a fair price for burford, though we will get there in the end.
DYOR, never buy or sell on hype or anyone else's enthusiasm , GLA
Sorry that didn't work ! Go to MB60 post below
GLA
Courtesy of poster MB60, this should answer you sanibel
https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/bur/14542198.html
GLA
Exactly ****edskier why would anyone wish to hide share trading data, surly if the FCA wanted to stop / avoid any sinister unlawful share trading, then make it easy for any company to scrutinise this data by authorised experts. that seems fair to me.
GLA
GoingGlobal I work from this principal , when a person tries to make anyone else feel in a certain way , be that happy positive Etc, that normally means they are probably positive and happy, when a person makes others feel negative and unhappy as you do with your attacking and calling others out, it normally means that’s how they are feeling about themselves. I’m sorry you’re feeling like that right now , My post are about Burfords prospects, Your making this personal, that’s regrettable. You’ve made your point, so let’s end this right now .
Burford is being held back by bear traders right now, hopefully that will change very soon,
The court case / market manipulation, I feel it always was about looking like Burford was doing something to attack muddy waters with. And MW knows that.
GLA
Goingglobal you mind your own business and post and I'll manage my own business and post, that's how it should work , if you respect yourself then you respect others, it's a very stressful time period / covit19/ stockmarket, anxiety worry and depression is everywhere right now, why don't we do our bit for humanity and keep it respectable here . ?
GLA
Thank you for that JC, yes why didn’t I remember that part, I remember reading that !!.
Maybe July/ August then , at least we know it’s not 4 to 6 weeks from Around now , But then again the USA might want to speed things up or down,
I bet you Burford releases some great news around very large cash receipts comIng in from lawsuits long before the listing.
GLA
Bigbaggerhungry thank you so much for that sir,
It’s actually more information than I thought they would put out right now, So maybe it’s 4/6 weeks from that filing submission to the SEC. ?
The USA listing can’t come quickly enough LOL.
Every bit of positive share promotion should increase Burfords awareness and proposition to any investors , our USA listing should achieve that goal.
GLA
FFCmember I 100% agree with your last post . Even though I truly believe in Burfords ability to really flourish during this historical Economic depression that’s coming , I have to acknowledge and validate the concerns of the average investors to
the magnitude of the hit to the world’s economies and stock markets, though never ever let a disaster, pandemic Or stock market crash stand in the way of a great business opportunity to make serious money from the likes of Burford and it’s huge potential to make serious amounts of Lawsuit cash during this Challenging time period.
It’s actually the best time for Burford to prove to the market what it’s all about/ making Hundreds of millions £. $. for investors . I can’t be sure what Burfords share price will do tomorrow, though fortune favours brave investors , the time might be now to make your claim on Burfords future successes.
DYOR, and never ever buy or sell on the back of anyone’s hype or enthusiasm.
GLA
Yuri burford is not going to the USA market to ask for a specific amount of money for their shares like a newly floating company, burford is only going for another listing, your right though , it is the worst time to list and value a newly floating company. Burford has its valuation already , so any increase in the 6 times PE is a bonus.
Good luck with you trying to get in at 415p .
As we can all see anything can happen in this game of investing.
Always buy / sell with extreme caution. The world is heading into a uncertain time period, so buy good companies that look like they can pay a long term reliable dividend. Burford should resume dividends this or next year.
GLA
Pennylots I'm also unsure to the mechanics of listing and trading shares in different jurisdictions, all I know is the same share can be bought from the one company in different locations , Guatemalan need to know right now.
What I can say is in this pandemic and depressions era there will be numerous share bargains to be had, and burford is one of the very best I can find, investors are naturally and understandably weary and nervous around owning or buying shares, preferring to hold X amount of there wealth in cash or cash equivalents, / some preferring gold , government bonds etc,
Because of that change of direction real share bargains can plentiful at some point, some stocks are depression wise defensive, though Burford will actually flourish during this depression and come out the other side at a much higher share price,
There maybe opportunities to buy burford slightly cheaper , though not much cheaper, it's already ridiculously cheap, thanks to muddy waters attacks, I could understand anyone wanting cash instead of holding shares in this environment,
The time to make a killing buying shares can be when others genuinely fear going into the market to buy any shares, that time maybe now or at a later stage, it's a difficult call to make, as everyones a individual and different.
No matter what burford does in the short term , I'm very confident it will roar back with substantially higher profits and dividends in the medium to long term, 6 times PE is ridiculously low for a unique defensive stock like burford.
DYOR, Only invest what you can afford to loose, never buy or sell on anyone's hype or enthusiasm,
GLA
Lunanera thank you for that informative post.
GLA
What would be great is if burford could buy back shares and hold them for the long term companies share incentive scheme, and buying them at effectively half price, they could even keep them and sell them into the American market when we hit 10/12 times Price per earnings, now isn't that a better investment than the returns of most litigation cases, I'm sure burford would only have to wait for a short while. 12/ 16 months from 2020.
I've a feeling institutions will be throwing money at burford for lawsuits later this year or early next year. And to think out of 100% of lawsuit cases presented to us , we only pick 4% of them cases, the rest to go off looking for other backers. Wow.
GLA
Another we interesting story , we fund all sorts of complex Litigation funding,
You might have heard about burford funding this case / links below,
if we eventually get a settlement of any reasonable size , then this could pay handsomely for us / or not.
maybe a interest we read .
1st https://www.dailymail.co.uk/news/article-5344443/russian-453m-divorce-says-hes-given-ex-family-home.html
2nd https://www.shropshirestar.com/news/backtobusiness/
3rd. https://www.mix96.co.uk/news/national/3101237/farkhad-akmedov-russian-billionaires-wife-sues-own-son-over-450m-unpaid-divorce-bill/
Let's hope our team get their hands on that billionaires lawyer's files to find out where , and who took all the UK assets away,
probably the son ?. Maybe if they throw him in prison for a while the father might cough up a decent settlement to get him out.
I wouldn't bet on it though.
FLAKY5185 Burford might even consider buying back some shares if they remain to cheap for to long, and burford gets a understanding on how much of a delay this pandemic will cause in our workworkloads,
another very important thing we have clauses in our lawsuit funding contracts that gives us extra profit / interest on our funding money at approximately 12% interest , from any delays to any legal proceedings whatsoever. That should increase our profits even more,
GLA