Member Info for Warno01

It's good to see. There's been such low trading volume and almost no news. They have some superb investments so finally a little bit of recovery. I believe $5 - $5.50 is a fair level to target.

Static. I would recommend you read up on economics, especially looking at supply/demand, how competitive and comparative advantage determine economic strength, exchange rates, import/export, etc. and particularly how economic shocks have an impact, of which they've been three since 2001 (tech bubble collapse, financial crash, COVID). Only one of them is due to leadership/regulation (Financial crash).

FAO Static, The share price performance has nothing to do with being a customer. All that matters is the product and service that you are being and then as to whether you renew and recommend.

Secondly, they are earning significant 9 figures sums in insurance revenue. The insurance is much bigger than the cruise ship business. Revenue to end of Jan 2020 was nearly $800m. It was loss making due to a markdown on goodwill. I am shareholder but have concerns. However get your facts rights before posting nonsense.

Also remember the cruise ships are to replace old ones. Like in any business, older products will perform less well so the new ships once used will be ahead of customer expectations rather than behind. Everyone is in the same position - some will fold, some will cling on, some will thrive. The benefit of this business is they know their travel audience and their insurance audience. Whether they can take advantage of that is a different matter.

$1.5m in potential buys after market's have closed.

Likely to be increasing on general market positivity today, predominantly with major gains for companies that will benefit for lockdown restrictions easing. Burford may benefit from this, since BUR has suffered much more on downward days in the last 9 months. Also the VW outcome underpins that. Loving your enthusiasm. A little balance is required though.

So, assuming the compensation is potentially EURO225m (15000 x 15000 EURO payout), what is the assumption that Burford get 50%, 40%?
Assuming a minimum 5:1 return, if 50% it could be EURO150m. Can't see it being much more. Great result though. Moreover, VW really screwed up and let huge numbers of consumers down as well as polluting so much more.

Not possible without the background trading information to prove it. So with this ruling, such possibilities have disappeared.

Indeed FFC Member. Thank you

Thomas. Pipe down. You are quoting statements off another forum. It doesn't make them facts. There is a difference. That's the point I was making. And casting childish comments about "all kinds" and being "oblivious" undermines your argument. It's great to see your enthusiasm and positivity, and balance also helps.

PS Manolete PEs as follows - completely depends on the measure and time frame you're using.
Trailing >39.5, Forward 20.3 https://finance.yahoo.com/quote/MANO.L/key-statistics/
42.7 - https://tools.morningstar.co.uk/uk/stockreport/default.aspx?SecurityToken=0P0001FBGI]3]0]E0WWE$$ALL

Thomas Browne, if you are quoting from the Manolete forum, then fine, and so it's best to reference that. There's so much BS that gets shared on any share forum that it helps with anyone's credibility if people share the source of the info. Arguing with fact is much more difficult than with opinion.

My take on it is that the PE is very high indeed. My point was, if you're going to post info, make sure it's accurate. When the PE is in the 30s vs 6.45 for Burford as of yesterday, you don't need to inflate it to make a point. The facts are sufficient. I've been with Burford for 18 months and seen the price collapse from my entry point at 15.12. I believe there is a good chance of recovery to at least 10.00.
I point out when people are making false/misleading statements be they positive or negative.

Are you talking P/E ratios? If so Manolete's is 34.5 - https://tools.morningstar.co.uk/uk/stockreport/default.aspx?SecurityToken=0P0001FBGI]3]0]E0WWE$$ALL
Quite a difference. High yes, but definitely not 51.

I would suggest that it does with a >10% share price drop first thing and only recovering to today's levels. That's a material on any share. When there is a lack of trust, any doubt will amplify negativity.

Investors Chronicle article is not positive,even though they tipped it a year ago at over GBP15.00.
Great opportunity for market makers to move the spread with potential "weak" demand and find where the buying/selling points are

Very surprising to see, as you say, considering the note 8 days ago. That should bode well for a potential announcement too.
Not in any broker's interests to keep adjusting targets unless they have received specific information.

100k volume of shares through coming as sells. Just two trades in the last 2-3 hours.
Still can't buy.

ask at 18, tried buying at 18, 18.2, 18.4 and 18.5. No buys accepted. Must be a big order being filled

What's your view on the chart? Nice recovery from bottoms, but still a long way below what was the 75-85p price for some time and still 45% below peak

Sorry for all us shareholders. Shocking turn up. MW analysis is much worse than feared. I am also a Burford holder so have concerns there too even though share price is near a 5 year low. Frustration for me is on NMC is that automatic limits kicked in at 944p to sell my shares generating a few hundred pounds from a small four figure investment. I then bought back in after believing there was a further 10-15% upside. More fool me. The issue is not how much you lose, it's how much you can afford to lose it. It will hurt for me but not as bad as some. Hoping there is some redress, but don't expect it.

Everyone is going to be issuing some sort of warning because of the impact of travel, supply chains and customer behaviour due to Corona virus. Personally, I think this is simply summarising what has happened after 2 weeks of stock market rapid decline. The corona virus is now pretty much priced in to most travel companies. The fact there is the insurance angle with floods and travel claims, is a double whammy. I cannot see any further declines, just a case of a long slow recovery. I was confident this would be at 50-60p in the Summer. Now I think anything above 30p is optimistic in the next 6 months.