Thursday May 28, 2015
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Weekly postcard #113 - as a libertarian could I consider a war against ISIS a just war?
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PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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London Capital Group – High Risk Buy or One to Dodge?

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- Tom Winnifrith

AIM listed financial spread betting group London Capital Group (LCG) has issued a profits warning today and its shares have duly tanked by 10p to 52p, valuing the company at £27.6 million. Declaring an interest first, London Capital (like several other sensible enterprises) advertises on TomWinnifrith.com, I wonder if the market has over-reacted a tad. Net cash is, after all, £21.5 million (or was at 30th September). So is this a high risky buy? Or perhaps not.

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