Tuesday September 01, 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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Tom Winnifrith BearCast 28 August - it was like Monopoly

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I arrived back in Bristol after a long journey yesterday and opening my post it was just like Monopoly ( n a good way). To celebrate I look at the markets in general, comment on Scancell, predict a few no-one is watching O'Clock announcements tonight and then focus on Camkids but epecially JQW which sent out a big China fraud Red Flag today.

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Camkids: we knew the balance sheet was a fraud now here is why the reported profits are also bogus

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AIM listed China fraud Camkids (CAMK) effectively admitted that its stated cash was not really there with its ludicrous explanation of how it was set to disappear (HERE) but now let me show you why its reported profits are also 100% made up.

My top China fraud

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Exclusive – the stockbroker who mugged pensioners for WH Ireland “retires” suddenly

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Yesterday we outed Mr John Molyneux as the WH Ireland stockbroker who had mugged 75 year old pensioners by sticking the cash from discretionary accounts into penny stocks – usually WH Ireland corporate clients doing a fund raise – which had nearly all cratered.  I can reveal that Mr Molyneux has now decided all of a sudden that at 68 it is a good time to retire. With immediate effect. But if he and AIM listed WH Ireland (WHI) think this scandal is over they are mistaken. It is just beginning.

Because, while one 78 year old couple has taken their mugging up with the Financial Ombudsman and got back just under half of their losses (£150,000) we are fully aware that this was not an isolated case.

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Life on Marbs starring Jon Stretton Knowles, the Quindell fraudster, episode 6 - can you help me?

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I knew there had to be some drawback to being in Greece. At last I have found it. You cannot access ITV Player so I cannot discover what delights are in store in Episode Six of the truly dreadful new reality TV series Life on Marbs. How is the new business venture of Quindell (QPP) fraudster Jon Stretton Knowles – aka Tango – going? Are the more charity lingerie shoots and designer vaginas? However...

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Blinkx AGM – even ramper Lawson of ShareSoc gives up on CEO Brian Mukherjee, when is his P45 due?

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That blinkx (BLNX) is a total dog is now beyond doubt. Steve Moore and I called it right and we are still bearish (see HERE) but now it seems that shareholders are waking up and that for CEO Brian Mukherjee the “black bag” day may be looming. Even disgraced share ramper Roger Lawson of ShareSoc is on his case.

At no-one is watching O’Clock

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Eden Research – this stinks more and more – answer basic frigging questions you tossers

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On Monday I stated that an RNS from AIM Cesspit listed Eden Research stank to high heaven. A quite bizarre exchange of emails has followed as more has emerged about that pongy deal with Eden just refusing to answer basic questions.

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EXCLUSIVE: WH Ireland – Not only ripping off pensioners but a swarm of other scandals emerge

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On Sunday I discussed how AIM listed stockbroker WH Ireland (WHI) ripped off a 78 year old pensioner for more than £500,000 but has only compensated him for £150,000. A WH Ireland spinmeister says that the actual loss for the poor defrauded pensioners was only £329,750. But the PR operative was less forthcoming when questioned about a swarm of other scandals.

First we deal with the fellow at WH Ireland who managed the discretionary account for these poor vulnerable old folk, shafting them by sticking nearly all their cash into AIM, Plus and unlisted penny stocks most of which cratered and most of which were WH Ireland corporate clients.  I put it to WH Ireland that the pensioners who took action were just the tip of the iceberg – the chap responsible, Mr John Molyneux, has abused a number of other discretionary clients in exactly the same manner.

A responsible firm 

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EBITDA is a bull market metric for fools and knaves – ref blinkx and Globo

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I leave it to Steve Moore to have the pleasure of plunging the knife into the dog blinkx (BLNX) after its profits warning HERE. It is a dog pure and simple and the shares, at 21p, are a stonking sell with a 12p target for starters. On the matter of blinkx we long term bears are again vindicated while the self-proclaimed expert on the stock, the disgraced ramper Roger Lawson of ShareSoc is one more shown up as a fool as well as a knave. But now to EBITDA.

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