Donate to Remove ads

Got a credit card? use our Credit Card & Finance Calculators

Thanks to Anonymous,bruncher,niord,gvonge,Shelford, for Donating to support the site

Burford: cash flowers: I hope it does

Discuss Stock buying Shares, tips and ideas for stock market dealing
yorkshirelad1
Lemon Slice
Posts: 924
Joined: October 5th, 2018, 1:40 pm
Has thanked: 176 times
Been thanked: 303 times

Burford: cash flowers: I hope it does

#303924

Postby yorkshirelad1 » April 28th, 2020, 4:54 pm

Burford: cash flowers: I hope it does

Following today's results from Burford (a regular on these boards), I happened across an article

Burford Capital predicts spike in business, shares jump
http://finance.digitallook.com/news/30590796/Burford_Capital_predicts_spike_in_business_shares_jump.html or
https://www.sharecast.com/news/aim-bulletin/burford-capital-predicts-spike-in-business-shares-jump--7449984.html

Mr Boggart is quoted as saying: wrote:And much as we share the world's distress at our current health crisis, the reality is that we expect its aftermath to be a time of significant demand for our services and a moment when uncorrelated cash flowers are especially attractive."


Someone can't do a simple copy and paste becuase the RNS release has it right
https://www.investegate.co.uk/burford-capital-ltd--bur-/rns/2020-portfolio-progress---full-year-results-2019/202004280700111232L/
And much as we share the world's distress at our current health crisis, the reality is that we expect its aftermath to be a time of significant demand for our services and a moment when uncorrelated cash flows are especially attractive."

The flowers smell even sweeter if Burford hadn't cut their final dividend, usually the larger of the two ("Given the economic uncertainties of the COVID-19 pandemic, the Directors are not proposing payment of a final dividend for 2019.")

(I'm sure someone will be along shortly to edit the relevant sharecast/DL articles to correct the anomaly, but it amused me!)
Moderator Message:
Moved from Company Share news (LSE Main Market) to Share ideas as Burford is traded on AIM rather than the LSE Main Market. - Chris

PinkDalek
Lemon Half
Posts: 6139
Joined: November 4th, 2016, 1:12 pm
Has thanked: 1589 times
Been thanked: 1801 times

Re: Burford: cash flowers: I hope it does

#303970

Postby PinkDalek » April 28th, 2020, 10:14 pm

Ahem - was Boggart for Bogart part of the joke?


Return to “Stocks and Share Dealing Discussions”

Who is online

Users browsing this forum: No registered users and 6 guests