Burford Capital Limited Live Discussion

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freedom-thirty5 23 Aug 2018

Numis target price £19.00 Price is now 1,981.48p u/missmolly so NUMIS were right. The HY update was very chipper too, so I’m expecting the present trend to continue.

MarkJ 26 Jul 2018

Numis target price £19.00 Numis’s price target has almost been reached (£18.96 this week) following a great set of half year results.

missmolly 06 Jun 2018

Numis target price £19.00 Numis upgrades Burford Capital Numis has upgraded litigation finance provider Burford Capital (BURF) which it expects will continue to deliver the high returns investors have come to expect. Analyst Marcus Barnard upgraded his recommendation from ‘add’ to ‘buy’ with a target price of £19. The shares rose 2.2% to £16.12 yesterday.‘While returns have been volatile, we recognise some patterns,’ he said. ‘Returns have been helped by a few large investments, but the core of the business is a large number of completed investments… as the business matures, we expect the volatility of returns to reduce.’Barnard added that litigation finance was a growing market and ‘Burford’s brand, experience, internal processes, and balance sheet create a considerable advantage to attract and win new business’.‘Success depends on the right investments, understanding and pricing the risk to earn a good return, and collecting the proceeds,’ he said. ‘We believe Burford is ahead of the competition and its size means it can finance cases where there is limited competition.’

missmolly 17 May 2018

Re: BUR....................................T... oldjoe1Hiya,Any chance you could paste on some or all of the write up by Quantum Leap?The free trial is a bit of a rigmarole for QL - I've not heard of it before but I guess you think it's good.Were you short on BUR?mm

oldjoe1 17 May 2018

BUR....................................TIPPED. Gone long on BUR Burford Capital again. Been tipped today by tip sheet Quantum Leap,got a very good write up. Forward P/E of 16.6 to 2019.<img src="[link]

admiralty12 14 May 2018

Re: Where now for the SP? Thanks. I will keep an eye on them. Not sure privates will get a lookin....

Sharpedge7 13 May 2018

Re: Where now for the SP? Agree it's been an amazing share (see graph) but they are in a sweet spot and could go further - I'm betting they will - was first at around 500p - took some profit at 800 and 1300, got stopped out at under 1000 once but got back in after Feb correction. I'm looking at it as a long term hold having taken profit. read the piece in the Times too but will stick with BUR as my exposure to this sector unless wheels start to come off...

missmolly 13 May 2018

Re: Where now for the SP? Yes I like exposure to the US too and agree with all your comments re: Burford except lately it's only been a half step back and maybe 3 forward (for the SP) I buy them whatever the price when I'm able, I've been looking for the step back for ages - it doesn't happen.I've tracked and wish I had bought the stocks you mention, but you can't buy them all, don't know 4imprint - will look it up...I looked up Manolete as I'll buy on the IPO - just to see...Let's hope it doesn't reverse any time soon, I think it's only just got going and will be double the SP in 18 months (if someone doesn't chuck a nuke somewhere). Article below. October 2017 – Manolete Beats Burford and Others to Retain Insolvency Litigation Funder of the Year Award Manolete beats Burford for Lit.Fund’g year award ‘17At a packed-out TRI Award Ceremony on 18th October 2017 staged at the London Hilton, for the second year running, Manolete Partners was awarded “Insolvency Litigation Funder of the Year”. The judges highlighted the large number of actual case completions achieved by Manolete in the last 12 months and the fact that Manolete had achieved outstanding results on both small and large case sizes.The Insolvency Litigation Funder category was only introduced into the TRI Awards in 2016, on both occasions Manolete Partners has been awarded the accolade.Commenting on receiving the 2017 award, Manolete CEO, Steven Cooklin stated: “We are absolutely delighted. This reflects the hard work undertaken by our dedicated team and the outstanding partnerships we have built with IPs and their legal teams across the UK. It has taken many years to build the company into the force it is today but slowly, methodically and professionally we have earned the trust and respect of all the key stakeholders in the Turnaround, Restructuring and Insolvency community. It is an honour, and usually a huge amount of fun, to work with so many outstanding fellow professionals. Together we help build the fundamental foundation of trust in doing business in the United Kingdom.”

admiralty12 13 May 2018

Re: Where now for the SP? What now for the SP. We may as well guess but this is a quality company. if you take the money out you need to find an even better one.I would rather have some exposure to the USA and there are some good ones about. Somero, DGOC, Burford, 4imprint. Burford is a classic 2 steps forward, one step back stock. The general trend being up. When that reverses I will sell up. At the moment it shows no sign of that.

missmolly 13 May 2018

Manolete Litigation-£100m Stock Mkt Float •The Sunday Times: Litigation firm Manolete Partners, which is backed by the financier Jon Moulton, is heading for a £100 million stock market float.Seems like others are joining the 'new asset class' as BUR was described.On Stockopedia, they had BUR profits lower for 2019, but I'm new to Stocko so I may be getting it wrong, perhaps it is just playing safe as they don't know what the figures will be. Perhaps someone out there knows Stocko or 'forward figures for 2019' why they would be shown down?Anyway BUR has been my best stock, I don't worry about them at all, often think I should just go 100% with them, well maybe 50/50 with Fundsmith Equity.Or just blow the lot on a year's holiday.

missmolly 12 May 2018

Where now for the SP? Any ideas?This BB could use a bit of populating! Hopefully someone has something to say...mm

missmolly 28 Apr 2018

Buy rat was buy rating no rats here

missmolly 28 Apr 2018

Excellent write up in Inv.Chr. - Buy rating of course Well worth a read....Wizard 47 - could you tell us what the botching up of trades was, I don't doubt it but wonder what you spotted.all best,mm

wizard47 25 Apr 2018

Trades The latest trades posted are nonsense! Well done iii ,still botching up everything as usual.

oldjoe1 20 Apr 2018

Re: BUR, now recovering from PLACING...... BUR Burford Capital.... moved back into these today on the back of technicals becoming more bullish with the SP just climbing above the 50 day EMA moving average. We also have the formation of a pennant /top triangle forming. FWD P/E to 2019 14, PEG 0.26. Exciting times ahead.<img src="[link] BROKER VIEWSDate Broker New target Recomm.20 Mar Liberum Capital 1,689.00 Buy19 Mar Berenberg 1,690.00 Buy