Wednesday July 23, 2014


So who thinks that the Jews are cockroaches? Who are you backing? Israel or Hamas?
Report from the Greek Hovel Number 12 – Coping with Fear
Rats, Bats & Sheep – Report 11 from the Greek Hovel

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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Avanti – The Profits warning does not stack up

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Naturally I am delighted to see bombastic uber-Welsh Avanti Communications (AVN) boss David Williams have to eat humble pie and serve up a profits warning on Friday. But what the statement says and what it does not say is just terribly confusing. I start on June 13th when Avanti stated:

Avanti confirms that trading for the Full Year to June 30th 2014 is in line with expectations.”

Wind forward to July 18th and er…

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Quindell & Himex – More Questions: can a Bulletin Board Moron assist with answers?

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Oh gosh this is complicated. Perhaps I am just a bit stupid and a Bulletin Board Moron can assist with answers to the questions about Quindell’s (QPP) relationship with Himex because it is all jolly complicated. Let’s start in July 2013 when Quindell bought a 19% stake in Himex for £1.8 million in cash and 64.8 million shares. Easy...

We maybe not because Quindell stated that the shares were issued so that “Himex will use the investment to accelerate growth”. That is Quindell speak for the shares were issued not to the owners of Himex but to Himex itself.

Now I note that as of the recent trading statement Himex was a subsidiary but Quindell had ZERO shares held in Treasury. 

As at July 2013 Himex

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Prostitute Researcher Edison talks bollocks as Northern Petroleum plans a bailout cash call

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Northern Petroleum (NOP) is running out of money. A cash call is inevitable and it will happen before Christmas.  Hence prostitute researcher Edison has “reinitiated coverage”. That means Northern has paid it a cheque to write bullshit so that private investors are suckered into buying the stock before institutions buy in at a whopping discount. The Edison note says it all. It is a classic.

I quote:

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Reader Poll – Which will be the next High Profile share price collapse from our Top 10 Shorts

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Ten days ago, Lucian Miers, Matt Earl (The Dark Destroyer), Evil Knievil and I served up our top ten shorts in London. One of them, Avanti Communications (AVN), has already done the decent thing and issued a profits warning. So who will be next to see its shares price slump. Who do you think it will be? 

As a reminder, the original article is HERE. 

Deadline for voting is midnight Sunday in case one of the ten wishes to fess up on Monday Morning

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Weekly Video Postcard #72 – Update from The Greek Hovel and Gaza Edition

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Greetings from Greece. As you can see I am now feeling a bit more relaxed in the Greek Hovel. I seem to have curbed the wildlife diversity (touch wood) and explain why I can now wander around barefoot.

A lot has been achieved whatever comrade Dan Levi might suggest on twitter. But there is a lot of work still to do so a summer of sweat and graft still lies ahead.

Moving on from the hovel I turn to Gaza, You know where I stand - #IstandwithIsrael – but I explain again why Israel and Hamas

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Waiting for the storm in Kampos

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I popped into Kampos to meet a nice couple from Somerset who first bought here seven years ago and who had a few handy hints on dealing with our Greek friends. We chatted about the locals about olive grove tending – to water or not to water and about other matters. As I was in the village I thought I’d use the Kourouni taverna wi-fi to send videos back to London.  But it seems as if a storm is brewing.

The sky is dark and it is just five O’Clock. The air feels fresher having been stifling all day and the thunder is rolling in. I can see flashes of lightening. How long before it breaks and we are deluged with rain? How will that affect the track back to the hovel? But will the roof leak if I am inside the Greek hovel? I guess the conversation about watering the olives is now a little redundant.  On balance I shall sit it out in the taverna as I have a stonking new Quindell piece to complete before tomorrow.

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The Lottery a voluntary tax? Yes but a regressive one and so bad none the less

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One of George Orwell’s amazing predictions back in 1948 – when he wrote 1984 – is how the plebs would be kept in a state of ignorant servility by pleasures such as the lottery. Malcolm Stacey described it yesterday HERE as a “voluntary tax.” Yes but it is a bad one none the less. 

Malcolm is not a normal lottery player. He is intelligent and middle class with an above average income. Your average lottery player is less intelligent than the mean, working or benefits class and on a below average income. 

Poor and stupid people volunteer to pay this tax.

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So who thinks that the Jews are cockroaches? Who are you backing? Israel or Hamas?

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I noted the other day that there is no moral equivalence between Hamas and Israel. Hamas fires rockets to kill Jews. It does not target it just wishes to kill Jews. Israel sends in planes to target rockets. The fact that Hamas puts its rickets in schools, hospitals and residential areas means that Israel kills civilians. Hamas uses its own people as a human shield. Hamas seeks civilian death, Israel seeks merely to prevent civilian death.

Yet still folks here in Britain line up to defend Hamas and attack Israel. Have they watched the latest Hamas video posted on YouTube (now removed) in Hebrew? It is a war song including the line:

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Introducing Writer Number 38 on ShareProphets...City veteran Robert Corden

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Some Bulletin Board Moron last week accused this website of being produced by a bunch of teenagers. I wish! Anyhow the latest person to sign up is certainly not a teenager and his views will, I suspect, be rather hard to dismiss. Meet Robert Corden in his own words.

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Exciting News from the Greek Hovel – We enter the 21st Century – Profits warning in Kampos & Copulating Lizards

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Darren you would be proud of me. I have tonight managed to get the Mi-Fi system working. That means that at any one time I can now run four computers at The Greek Hovel. Not only that but I have signed up to Skype and am now waiting for the Mrs to awake from her early evening slumber after a hard way watching her students graduate so that we can chat.

As I wait I hear a noise at the door and per through the glass and grill to see that it is a small lizard seeking entry to the wildlife diversity free redoubt. Piss off critter in here wildlife gets killed. As two (no make that three) bugs have found out to their cost in the past twenty minutes.

The arrival of the World Wide Web at The Hovel will be a body blow to the one Taverna in Kampos. My eco-loo 

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