Thought i would just throw up some comparisons between LCA + BUR
Here are the profit numbers for Burford Capital from 2010 - latest
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!
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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