Thursday September 03, 2015
Greek Hovel wildlife diversity report…now it is the poisonous spiders
Tara the cat medical update – the bills are going the roof, but some progress
Weekly Postcard #121 - The Women's FA Cup Final and what it says about the loathsome BBC

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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Chatting up a 93 year old in Clerkenwell

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Saturday nights in Free Speech & Liberty Pizza are fairly quiet – it is that sort of neighbourhood. And so if I am there, as I was yesterday, you can often find yourself having a long chat with your customers. And so yesterday these two “mature” women wandered in. Eight vodkas and two Irish coffees each later they left. It turned out they were sisters, one 93 and the other a bit younger.

They were sharp as nails and certainly not showing their age. The 93 year old put that down to a lot of drink.  They were born in the social housing behind the restaurant and one still lives there. The 93 year old is out in God’s chosen county of Essex but had come in to see her last surviving sister, ten other siblings are now in a better place.

Born in 1922 the elder sister served in the WRAF during the war

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Globo – This article begs some incredibly tough questions

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I am a long term and unapologetic bear of Globo (GBO) because the valuation just does not stack up. At 46p the market cap is £157 million. I cannot see free operating cashflow this year topping £10 million. I am not saying that this is a Norfolk just that the shares discount an awful lot of good news. They are overvalued. And… 

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Tom Winnifrith BearCast 25 July - Audioboom, Avanti, Lenigas and Raspberries

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And so we have another of the occasional bearcasts. Drawn away from raspberries and the good news that Chapter 1 of the novel is completed, by the preposterous David Lenigas I comment on that but then also on why I am bearish on equities and then to what sort of stocks will collapse in a bear market. I also look at companies that claim to be drowning in cash yet have debts. The podcasts covers Jiasen, Globo, Avanti Communications, Audioboom and a few other matters.

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David Lenigas calls me a liar ...a riposte from Tom Winnifrith

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Not a lot can now get me to take out time from my sabbatical. After a couple of days with my father this week I have been inspired to write the first (short) chapter of the novel which is now with my friend Gary for review. However, David “when I said 3g seismic I meant 2g” Lenigas tweeting that I am a liar and should “get a life” drives me to respond.

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Photos from Shipston: Note to the Mrs, Raspberries don't grow in Tesco's punnets

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The Mrs and I are separated by two great divides.  The first is that she is a deluded lefty who belies in the State rather than the individual and that capitalism is the root of all evil rather than the engine of mankind’s progression whereas I am a libertarian. The second is that she is a townie who has never lived where I grew up, the country.

So though an enthusiastic meat eater she recoils at the idea of killing anything. I find it easy. And I sometimes think that she thinks that raspberries and potatoes grow in punnets at Tesco. So just for her a couple of pictures…

My father’s garden in Shipston is full of life. And so there are raspberries a plenty to pick, the last of the potatoes and strawberries, red currants, black currants and still to come gooseberries and yet more raspberries.

Note to the Mrs & other townies:

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Breaking: Lenigas Cuba raising £3 million at 2p TODAY, ahead of 5p IPO but not on AIM

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And we are off again with the next Big Dave Lenigas fund raise. This time it is Lenigas Cuba where books will close on Friday on a pre IPO funding raising £3 million (or a bit more) at 2p. Heck I know I’m on sabbatical but I thought I’d share this scoop with you.

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Buy Norcross at a 20.25p offer

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We tipped Norcros shares a few weeks ago at a 20p offer. The offer is now 20.25p. Suffice to say they are still cheap. Our next hot share tip is out this afternoon on the Nifty Fifty and we hope to beat our current average gain per tip ( 23% average holding period less than a year) with that one. To access that tip click HERE

Investment Case: 

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Life on Marbs starring Jon Stretton Knowles (star of the biggest stockmarket fraud for 30 years) goes live

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The quite dreadful new TV reality show Life on Marbs went live with episode one tonight. Its star Jon Stretton Knowles is of course a critical figure in the biggest UK stockmarket fraud of the past 30 years, Quindell. Its shares are 80% down and now suspended with investors having lost billions and the Serious Fraud Office, FCA and others are investigatng. No doubt JSK will be having a chat with the Old Bill soon. In case you missed the debut show...

I managed about 30 seconds 

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