Thought i would just throw up some comparisons between LCA + BUR
Here are the profit numbers for Burford Capital from 2010 - latest
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LCA recently announced an $8m net profit for FY18 - i would expect the FY19 numbers to be higher
Outlook is very good, with management outlining a clear strategy for growth and expansions
Here is Burford Capitals share price 20 bagger!
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There is significant potential here for LCA to take some market share from other litigation funders, they are one of only 3 litigation funders listed on stock markets globally. I did not bother comparing them to IMF because IMF have huge overheads look very expensive.
One would imagine once LCA's market cap is above $100m more funds will start buying it
So far it looks like management are executing well.
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