Author Topic: BUR.L - Burford Capital  (Read 64908 times)

Liberty

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Re: BUR.L - Burford Capital
« Reply #360 on: August 20, 2019, 04:10:25 AM »
Scuttleblurb writeup on the Muddy Waters report  (sub required):

https://www.scuttleblurb.com/bur3/

I am not sure why this deserves a post here. If yourself not a subscriber, you canít read/ listen to it, and if you are, you get a notification anyways.

So non-subscribers interested on info about this company knows it exist and can consider subscribing. I've gotten many direct messages thanking me for pointing out SB. They don't exactly have the WSJ brand recognition...

It's one of the very best sources of analysis on the entire web. It's worth posting about. Many wouldn't know this writeup (and the two others on BUR) even existed otherwise. In an industry where many here use services that cost thousands per month (for access to bad research, mostly), this isn't exactly expensive. Not to mention that a single good investment insight is worth many thousands to most here...

Good thing it's non-zero sum. Those that get something out of it are happy, and those that just skip over it haven't lost anything...
« Last Edit: August 20, 2019, 04:55:47 AM by Liberty »


SnarkyPuppy

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Re: BUR.L - Burford Capital
« Reply #361 on: August 20, 2019, 05:01:50 AM »
Scuttleblurb writeup on the Muddy Waters report  (sub required):

https://www.scuttleblurb.com/bur3/

I am not sure why this deserves a post here. If yourself not a subscriber, you canít read/ listen to it, and if you are, you get a notification anyways.

So non-subscribers interested on info about this company knows it exist and can consider subscribing. I've gotten many direct messages thanking me for pointing out SB. They don't exactly have the WSJ brand recognition...

It's one of the very best sources of analysis on the entire web. It's worth posting about. Many wouldn't know this writeup (and the two others on BUR) even existed otherwise. In an industry where many here use services that cost thousands per month (for access to bad research, mostly), this isn't exactly expensive. Not to mention that a single good investment insight is worth many thousands to most here...

Good thing it's non-zero sum. Those that get something out of it are happy, and those that just skip over it haven't lost anything...

Have to agree w/ Liberty here.   SB posts are top notch & what's the cost of having to gloss over Liberty's comment if you're not interested?

Gregmal

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Re: BUR.L - Burford Capital
« Reply #362 on: August 20, 2019, 06:02:59 AM »
Scuttleblurb writeup on the Muddy Waters report  (sub required):

https://www.scuttleblurb.com/bur3/

I am not sure why this deserves a post here. If yourself not a subscriber, you canít read/ listen to it, and if you are, you get a notification anyways.

So non-subscribers interested on info about this company knows it exist and can consider subscribing. I've gotten many direct messages thanking me for pointing out SB. They don't exactly have the WSJ brand recognition...

It's one of the very best sources of analysis on the entire web. It's worth posting about. Many wouldn't know this writeup (and the two others on BUR) even existed otherwise. In an industry where many here use services that cost thousands per month (for access to bad research, mostly), this isn't exactly expensive. Not to mention that a single good investment insight is worth many thousands to most here...

Good thing it's non-zero sum. Those that get something out of it are happy, and those that just skip over it haven't lost anything...

True dat.

I don't think anyone should be discouraged from posting anything if they find it helpful in their investment process. I had never heard of this resource and am surprised to hear how useful others find it. I am intrigued now.

Plus, the cost is loose change... bargain compared to what guys like Tilson charge for basically regurgitating pitches they hear from their friends...

Liberty

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Re: BUR.L - Burford Capital
« Reply #363 on: August 20, 2019, 06:52:18 AM »
True dat.

I don't think anyone should be discouraged from posting anything if they find it helpful in their investment process. I had never heard of this resource and am surprised to hear how useful others find it. I am intrigued now.

Plus, the cost is loose change... bargain compared to what guys like Tilson charge for basically regurgitating pitches they hear from their friends...

If you want to learn more, he has a bunch of sample posts available for free that give an idea of the depth of his analysis. What I like is that he takes the time to understand industry dynamics and management and competitive advantages and company history and competitors and stuff like that, and he often ends up negative or ambivalent on things he spent a lot of time on, he's not just trying to sell you on stocks and pretend everything is the next multi-bagger. It's not just one more "here's the financials regurgitated, let's slap a multiple on it, along with some superlatives about how great this is" like a bunch of writeups you see out there.

https://www.scuttleblurb.com/category/sampleposts/

IMO he's getting better over time too.

Gregmal

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Re: BUR.L - Burford Capital
« Reply #364 on: August 20, 2019, 05:22:26 PM »
True dat.

I don't think anyone should be discouraged from posting anything if they find it helpful in their investment process. I had never heard of this resource and am surprised to hear how useful others find it. I am intrigued now.

Plus, the cost is loose change... bargain compared to what guys like Tilson charge for basically regurgitating pitches they hear from their friends...

If you want to learn more, he has a bunch of sample posts available for free that give an idea of the depth of his analysis. What I like is that he takes the time to understand industry dynamics and management and competitive advantages and company history and competitors and stuff like that, and he often ends up negative or ambivalent on things he spent a lot of time on, he's not just trying to sell you on stocks and pretend everything is the next multi-bagger. It's not just one more "here's the financials regurgitated, let's slap a multiple on it, along with some superlatives about how great this is" like a bunch of writeups you see out there.

https://www.scuttleblurb.com/category/sampleposts/

IMO he's getting better over time too.

I just signed up and thought the Burford analysis was excellent. Thanks for posting this.

Mondegreen

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Re: BUR.L - Burford Capital
« Reply #365 on: August 20, 2019, 05:38:30 PM »
Apologies if this has already been posted, but Jonathan Molot has purchased £8.6M of stock at an average price of £9.18 per share in the last two weeks.

While I agree he sold a lot more (£81M) in 2018, this is hardly an insignificant amount of money.

Source: https://finance.yahoo.com/quote/BUR.L/insider-transactions/

Mondegreen

bjakes00

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Re: BUR.L - Burford Capital
« Reply #366 on: August 20, 2019, 11:54:18 PM »
Iím intrigued why the CEO hasnít been buying more? Great that the CIO is, but interesting that the dynamic CEO and ex-CFO duo havenít been loading up if their case is so rock solid.

SnarkyPuppy

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Re: BUR.L - Burford Capital
« Reply #367 on: August 21, 2019, 04:52:09 AM »
Apologies if this has already been posted, but Jonathan Molot has purchased £8.6M of stock at an average price of £9.18 per share in the last two weeks.

While I agree he sold a lot more (£81M) in 2018, this is hardly an insignificant amount of money.

Source: https://finance.yahoo.com/quote/BUR.L/insider-transactions/

Mondegreen

Meh.  $8mm on $81mm of net worth is very different (less significant) than $80k on $800k of net worth.   Insignificant IMO if the goal is to show resounding confidence in the both the business, accounting, and current valuation.   

Said another way, this guy can lose $8mm tomorrow and it doesn't impact his life in quite literally any way. 

Liberty

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Re: BUR.L - Burford Capital
« Reply #368 on: August 21, 2019, 07:00:42 AM »
I just signed up and thought the Burford analysis was excellent. Thanks for posting this.

Glad you liked it.

5xEBITDA

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Re: BUR.L - Burford Capital
« Reply #369 on: August 21, 2019, 07:00:56 AM »
Apologies if this has already been posted, but Jonathan Molot has purchased £8.6M of stock at an average price of £9.18 per share in the last two weeks.

While I agree he sold a lot more (£81M) in 2018, this is hardly an insignificant amount of money.

Source: https://finance.yahoo.com/quote/BUR.L/insider-transactions/

Mondegreen

Meh.  $8mm on $81mm of net worth is very different (less significant) than $80k on $800k of net worth.   Insignificant IMO if the goal is to show resounding confidence in the both the business, accounting, and current valuation.   

Said another way, this guy can lose $8mm tomorrow and it doesn't impact his life in quite literally any way.

Losing 10% of your net worth wouldn't impact your life in any way? I'm not sure how many guys you know with 8-9 figure net worths, but they don't spend $ like they have an endless stream. These are people who care about having a balanced personal portfolio, and frankly putting 10% of your net worth into a single public company is a lot.