LCM released interim FY21 results that showed operational progress in deployments and commitments albeit with headline financials that reflect phasing of case settlements and associated timetable slippage due to COVID. The litigation contracts outstanding provide a huge store of value in our view and the maturity of the claims portfolio suggests likely renewed progress in settlements which should drive substantial capital appreciation in the shares over the next 12 months. The funding applicati ....
18 Mar 2021
Litigation Capital Management - Storing up value – Realisation over next 12 months
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Litigation Capital Management - Storing up value – Realisation over next 12 months
Litigation Capital Management Ltd (LIT:LON) | 109 4.9 4.3% | Mkt Cap: 127.8m
- Published:
18 Mar 2021 -
Author:
Andrew Simms -
Pages:
5
LCM released interim FY21 results that showed operational progress in deployments and commitments albeit with headline financials that reflect phasing of case settlements and associated timetable slippage due to COVID. The litigation contracts outstanding provide a huge store of value in our view and the maturity of the claims portfolio suggests likely renewed progress in settlements which should drive substantial capital appreciation in the shares over the next 12 months. The funding applicati ....