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Does anyone know of the timelines for the update of the price related data in the stock reports eg relative strength, P/E ratio, dividend yield etc? For example, Crawshaws crashed over 40% yesterday and at the time of writing the ratios don't seem to reflect this movement.

Is anyone aware of a source for new listings onto the LSE which gives dates/tickers etc going back over the years and is being updated going forward? Or maybe a study which compares the performance of new listings versus the wider market?Given the amount of tat that private equity (amongst others!) seems to be unloading onto the market which then issue profit warnings would be…

It seems the ISA rules are somewhat more complicated than it first appears. TD have declined to trade in Grafton (GFTU) in an ISA even though its London listed in the FTSE250 on the grounds tha "it's a composite stock." Anyone have similar experience of this happening with UK listed shares/shed light on what they think the issue is? Stockopedia is showing its eligible for…



Dmjram's Latest Comments

Thanks. Quite thin then - c£450k of purchases including a director that previously had no holding. Would have expected far more "boot filling" if claims about future profits etc were so wrong as management claim. If the directors are correct that then it's only a matter of time before the shares re-rate and its an opportunity to buy at a bargain price off c40% from…

Litigation Capital Management is also AiM listed and doesn't apply fair value uplifts, using IFRS15 instead of IFRS9 which Burford uses. LCM boss Patrick Moloney said: “LCM has consistently prepared its accounts and its return metrics on a conservative cash accounting basis. There is no fair value accounting in our numbers. We are committed to providing investors with the disclosure and transparency needed to assess…

Other companies in the same space such as IMF don't use fair value adjustments to uplift values. They use historic cost with impairment review/cash accounting instead and wait until actual realised profits are known before recognising them rather than taking a view on the future upside to litigation and recovery outcomes and booking the profits in advance of completion. Dodgy isn't proven but Burford being…

Added to which, as well as assessing the likelihood of success with the case, there is the matter of actually extracting what the court decides from the other party post judgement, adding further downside uncertainty to the realisable value.

Thank you, a very good read. Ties in to comments made on here previously - Burford's returns are more akin to jackpot payouts/lottery winnings with a very uncertain distribution between cases. Which accountants (at Burford which has chosen the fair value as opposed to cash accounting route) are attempting to accrue for and auditors take a view on.


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