Monday September 22, 2014


Video Postcard #81 – Reflections on the summer at the Greek Hovel
The skies darken over the Greek Hovel as lovely Eleni and the rest of Kambos prepares for winter
This time it really WAS a snake encountered at the Greek Hovel

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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