170 days ago
Another set of results comes out from the sheep shagging chip makers at IQE (IQE) and as usual the numbers are piss poor, more cash has been burned and there is warning about current trading. The shares are just 16.4p, having been 174p just under six years ago when folks like Paul Scott and our own Malcolm Stacey were frothing so excitedly about them as I warned and warned again.
332 days ago
Oh dear, oh dear. Shares in the online estate agency Purplebrcks (PURP) once traded at more than 500p as Neil Woodford filled his boots (with other folks cash) and commentators such as the shop worker Paul Scott gushed about how disruptive the cash guzzling company that ripped off its customers by taking payment even though most properties were not sold, was going to be. Today the business, nearly all the assets (bar £5.5 million of cash) and the liabilities are being sold for just one quid to SPV Strike. What will shareholders get? If they are lucky 0.65p in Q1 2024.
344 days ago
Neil Woodford and Thirsty Paul Scott took the knee at the disruptive potential of online estate agent Purplebricks (PURP). In latter years the deadwood press blew smoke up the arses of the CEO and CFO as they were both women. Girl Power! More ESG vicar? Of course, the numbers never stacked up and the fundamental business offering was dire so shareholders and customers both got screwed. Those of us who do actually look at how a business runs and at hard numbers may be sexist old dinosaurs for doing so but we have another win. Today’s fess up from the birds in charge is grim.
409 days ago
For years supporters of IQE (IQE) such as thirsty Paul Scott and our own Malcolm Stacey argued that it was a tech play and this justified fancy doo-dah valuations. I argued that it was simply a manufacturer operating in a cyclical commodity space and a not very good one at that. Today comes another dire lack of profits warning which will be enough to turn the bulls to drink and is a good reason for this sober bear to enjoy a small ouzo tonight.
702 days ago
Though some bien pensants like Neil Woodford and top share blogger Paul Scott insisted that Purplebricks (PURP) was a long-term disruptor of the word of Estate Agencies. The reality was that it was a piss poor way to sell houses and a company that could only survive in a fizzingly hot housing market. Well guess what?
732 days ago
I start with good news concerning my mother-in-law, which suggests my current living – where folks pay £5.99 a month to hurl abuse at me – is maybe not such a desirable career. Then onto Kefi Gold & Copper (KEFI), and what I have told ‘arry Bloody Adams should happen next, in light of his latest e-mail to me. Then onto Vast Resources (VAST) and Eden Research (EDEN), not Pharma as I misspoke in the podcast. Finally, Gear4Music (G4M), which is enough to turn fanboys Paul Scott and Malcolm Stacey to drink. Vindicated yet again as a bear, I warn of worse to come, following today’s bullshit-heavy trading statement.
758 days ago
The new CEO of IQE (IQE),the chipmaker that seduced both Malcolm Stacey and thirsty Paul Scott, starts his reign where the old one left off as dismal calendar 2021 results are posted today. It is all bullshit. Will this company ever generate cash?
859 days ago
I was up well before the crack of dawn to take my pre-flight test and I passed, I discuss that, move onto MyHealthchecked (MHC), Wildcat Petroleum (WCAT), Tungsten (TUNG), ADM Energy (ADME) and finally Purplebricks (PURP), another fallen former fave of top blogger Paul Scott. It’s latest news really would turn aman to drink. But there is worse still to come.
1055 days ago
It seems that Britain’s thirstiest share blogger Paul Scott has had another go at me with a post at 25 minutes after midnight. I trust Paul had enjoyed a good night. Anyhow, I put him straight with a few facts. I then look at Argo Blockchain (ARB) and its trading statement and valuation, Plutus Powergen (PPG), Tern (TERN), Supply@ME Capital (SYME) and Cineworld (CINE).
1123 days ago
I end with a few notes on Woodlarks. There are now 7 walkers confirmed – please do make a donation HERE. Then I discuss 2 acid tests today for the FCA: Supply@ME Capital (SYME) and Lyin’ Chris Cleverly’s planned RTO into Stranger Holdings (STHP). Then I look at St James House (SJH) and wonder if the taxman needs to have a butcher’s at 4 of its disposals involving John Botros. Then it is onto IQE (IQE) and why Malcolm Stacey and thirsty Paul Scott are wrong. Finally a look at Jubilee Metals (JLP). I look at the fundamentals after today’s interims and conclude that the shares should be well North of 20p. Then I discuss the matter with the world’s leading analyst of PGM stocks beginning with J for his input.
1164 days ago
I will not make that joke about Paul, Lent starts tomorrow and my minimal alcohol intake will be going to zero until Easter. I may have a couple of glasses tonight to brace myself for a period of thirst that lies ahead. In this podcast I discuss Paul’s comments on Supply@ME Capital (SYME) and why I think the FCA may not allow this fraud to relist. I look at Zoetic (ZOE) where I am hopeful of an imminent share suspension, and the pot and small cap bubble in general, also looking at today’s pot float, Kanabo (KNB).
1193 days ago
I start with the weather. Guess what it is like in Wales today? I end with Joe Biden, what I shall NOT be watching tonight, why and what I fear from the next four years. In between I look at IQE (IQE), Bidstack (BIDS), Xtract Resources (XTR), Eurasia Mining (EUA) and Greatland Gold (GGP). But it is mainly IQE.
1340 days ago
Tipping as a major buy, shares in Wirecard, Europe’s largest fraud and a company every bear on the planet had called out as a fraud, 48 hours before the stock collapsed was perhaps not the greatest day for Ed Croft and Stockopedia. Even worse than the days when the system rated the Globo and Quindell frauds as massive buys. So maybe Stockopedia can redeem itself with a call on mystery Company A which has filed its accounts for calendar 2019.
1396 days ago
Jeepers he must have been sober to have fallen in love with this shite. In today’s podcast I look at Versarien (VRS), TrakM8 (TRAK), ADM Energy (ADME), San Leon Energy (SLE) and Catenae (CTEA). Now go and have a butchers at MineProphets and book your ticket (just £2.99) now HERE.
1407 days ago
No I am not referring to Ed’s stock picking system concluding that the Quindell (QPP) fraud was one of the 10 cheapest shares on AIM. Nor am I referring to it rating the fraud Globo (GBO) as a 92/100 BUY. Or to thirsty Paul Scott using the Stockopedia system to serve up classic buys like IQE (IQE) and TrakM8 (TRAK) This gem from the Stockopedia stock picking system is an even worse call and in fact possibly the worst stock call in history.
1459 days ago
I start with my excitement about the video I have just recorded with Carson Block of Muddy Waters for the Shareprophets shares show. Lawyers alert!. It was brilliant stuff. I end by saying I recorded a PLC video for the show earlier. I am incredibly tempted to buy the shares heavily. Anyhow both videos and 70 others will go live on May 9 so book your ticket HERE. In today’s podcast I look at Novacyt (NCYT), Avacta (AVCT) fake news in the Mail on Sunday, Urban Exposure (UEX) and in very real detail that old Thirsty Paul Scott fave TrakM8 (TRAK) where today’s numbers ring massive alarm bells.
1646 days ago
I blocked Britain’s thirstiest share blogger eons ago after becoming fed up of his late night rantings. But it has now been brought to my attention that his twitter account is now suspended, as can be seen below. Anyone know why?
1771 days ago
The Sheriff of AIM is surely entitled to a celebratory breakfast ouzo at his hovel in North Wales? On Wednesday I flagged up a profits warning from the Krauts at Siltronic and suggested that IQE (IQE) was likely to follow. Less than 48 hours later the Cardiff dog duly barks. As a long term bear I have repeatedly warned silly sell side analysts, Thirsty Paul Scott and others that this company is a crock…once again I stand vindicated. And so to detail….it is grim.
1834 days ago
I start with good news on the Woodlarks front and kind words about the UK’s top share blogger Paul Scott who I must remember not to be nasty to for a few weeks at least. If Paul can be a nice guy so can you too HERE. Then I look at Versarien (VRS) in light of today’s expose HERE, Management Resource Solutions (MRS) caught with its pants down HERE, Concepta (CPT), Inspirit (INSP), Chesterfield (CHF) and Bould (BOU).
1844 days ago
Just to make this one a bit harder, to win this contest you need to name all six of the fine upstanding citizens below and then tell me which is the odd one out and why ( and its nothing to do with gender). The first to give me seven correct answers in the comments section below wins a semi naked photo of Britain's top share blogger ( mornings only), Thirsty Paul Scott. The deadline for en tries is midnight tonight, Wednesday 10 April.
1846 days ago
It appears that after racking up losses of £3 million last year the sex toys and lingerie chain Ann Summers is on the brink. In the good old days the woman below used to put sex toys and vibrators on expenses at Ariadne Capital. But it is now in administration and Julie Meyer is in Switzerland. This may partial;ly explain the woes of Ann Summers and as such we ask you to post suitable captions in the comments section below. The wittiest/most filthy will win a semi naked photo of the UK's top share blogger, thirsty Paul Scott. The deadline is midnight tonight. Do your worst.
1849 days ago
In covering this subject, my prime concern is not to hurt the feelings of Britain’s top share blogger, thirsty Paul Scott, who filled his boots at the 17p IPO. Mr Scott repeatedly argued, normally via 3AM thirsty tweet rants, that my tipping the shares was holding them back and so when I advised readers to bank 100% gains at 34p (and did so myself as well) he argued this was awful advice but thought it good for the share price which he saw at 65p+. The stock is off another 5% today at 22p to sell so should we be thinking of horrifying thirsty Paul and buying back in?
1851 days ago
I start with a question for wretched PM Theresa May - which of your assessment's of Jeremy Corbyn was correct? I then look at the strange events at Brave Bison (BBSN), take aprt Audioboom's (BOOM) joke trading statement, look at Jersey Oil & Gas (JOG), Management Resource Solutions (MRS) and, finally, thirsty Paul Scott favourite TrakM8 (TRAK). Now how about you all follow the good Craig and donate a "one-er" HERE
1858 days ago
In light of the contrast between the January 25 Lyin' Steve Sanderson video (dont worry about dilution, fully funded, blah, blah, blah) and today's UK Oil & Gas (UKOG) discounted placing we invite captions of the picture below: 3 vessels full of hot air, aka a tankers and two er oil executives. Post in the comments section below with a deadline of midnight tonight. The rudest/funniest entry will receive a semi naked photo of Britain's top share blogger (mornings only), thirsty Paul Scott.
1872 days ago
Do your worst in the comments section below. The deadline for entries is midnight tonight, unless we decide to ignore the wishes of 52% of you and extend it. The prize, as ever, is a semi naked photo of The UK's top share blogger, mornings only, Thirsty Paul Scott.
1881 days ago
In December 2018 Ted Baker (TED) brought in lawyers Herbert Smith Freehills to investigate allegations that its founder and CEO Ray Kelvin had groped members of staff. That enquiry is ongoing but will now focus on Ted Baker's internal controls. Kelvin insists he is innocent but has now quit with immediate effect. In light of that, we bring you two images from Baker's last annual report (which showed Kelvin trousering £1.6 million) and ask you to supply suitable captions on the comments section below by midnight tonight. As ever, the winner will receive a semi naked photo of Britain's top share blogger (mornings only), Thirsty Paul Scott.
1890 days ago
These days Optibiotix (OPTI) is on the cusp of being or already profitable and as such what excites us are rapidly growing revenues and new sales and marketing agreements. We will not have to wait long at all for more news on both those fronts. But behind this great company is the IP, the science.
1891 days ago
You cannot say that this site has not warned you repeatedly. But some folks like Neil Woodford knew better. Britain's top share blogger (mornings only), Thirsty Paul Scott, was also a fan and we know how accurate his analysis is. I don't know about Scott but Woodford has been averaging down aggressively. Neil always knows better which is why he is worth £37 million a year. Today we have another high profile horror story for Britain’s most conceited fund manager & yet another shocker for the nation's thirstiest share blogger, with a truly shocking lack of profits warning. I shall explain below why this makes the target price 0p....it is enough to turn a man to drink.
1897 days ago
Thirsty Paul Scott was so flamed by some of his readers for his hatchet job on Optibiotix (OPTI) , littered, as it was, with false statements that he announced he would not be penning a column on Friday as he was, alongside thousands of school kids worried about global warming, going on strike. The difference between those withdrawing their labour on Friday is that the kids will, one day, grow up and most of the teenagers already produce work that is far less error strewn than that of the Thirsty one.
1897 days ago
Thirsty Paul Scott and his boss Ed Croft at Stockopaedophile do not like me. Maybe that explains Paul's very sad attack on Optibiotix (OPTI) yesterday which was strewn with factual errors and poor analysis. Or maybe Paul was just pissed after pouring too much vodka on his cornflakes that day. I go through his article pointing out the string of errors. Clearly Paul is not a well man and we should pray for him. Elsewhere I look at Sabien (SNT), its knob head boss, dodgy share dealing, the cash crisis and why it is fecked. I cover Cabot (CAB), Wandisco (WAND) and then take a look at Motif Bio (MTFB) - a share tip from Malcolm Stacey where, I have told him, you all deserve an update - and a related party Amphion (AMP), which looks pretty fecked too.
1904 days ago
Yesterday, in the wake of more damning revelations about the Frontera Resources (FRR) fraud we brought you an exclusive picture of its best paid promoter, the whore blogger Malcolm Graham Wood helping the fuzz with their enquiries as you can see below. We asked you for suitable captions and, as you can see HERE, there were numerous good entries. But there can be only one winner of a semi naked photo of Britain’s top share blogger (mornings only), Thirsty Paul Scott….
1905 days ago
Suffice to say you would not want your average Frontera (FRR) shareholder on your pub quiz team would you? There were numerous fantastic nominations for this contest as you can see HERE but Bwakem and Soupchicken will have to fight it out for the prize, a semi naked photo of Britain’s top share blogger (mornings only) Thirsty Paul Scott as they both spotted the gem below.
1913 days ago
I know that Thirsty Paul Scott was a major bull of Staffline (STAF) and a shareholder. Today's shocking news of allegations of accounting irregularities made by the company's own auditor PWC and a share suspension is enough to turn any man to drink. In this podcast I give background and explain what I think the outcome will be. It is bad but not, I suspect, a Patisserie Holdings (CAKE) but it might get very nasty.
1916 days ago
The AIM demise of the fraud Frontera (FRR) has unleashed a barrage of Bulletin Board idiocy not seen for years. It seems that the idiot from every village in the land was invested here and the comments on the Asylums at the LSE, ADVFN and iii as well as on twitter restore ones faith in the sheer stupidity of your fellow man. To win a semi naked photo of Britain's top share blogger before lunchtimes, Thirsty Paul Scott, simply post your examples of supreme idiocy ( not necessarily on Frontera) in the comments section below. The deadline is midnight on Saturday 2nd Fenruary. I start off with my nomination. Can anyone beat this gem from tune player on the ADVFN Asylum.
1936 days ago
Now that it is double official that Woodford Investment Management did not file its annual report on time we should award a semi naked photo of Britain's top share blogger (mornings only) thirsty Paul Scott as we pick out a winner of The Neil Woodford late filing caption contest. As you can see here there were a good few entries but the best caption for the picture below came from:
1940 days ago
The FCA must be all over him on this matter as Neil Woodford is now 4 days late with the Woodford Investment management annual report. What is he hiding? As we wait for Britain's most conceited fund manager to come clean and file, I invite you to provide a suitable capition for the image underneath in the comments section below. As ever the prioze for the wittiest entry is a semi naked photo of Britain's top share blogger (mornings only), thirsty Paul Scott. The deadline to enter is midnight Saturday, January 5.
1941 days ago
Oh dear. Oh dear. For those beguiled by the shoddy analysis of thirsty Paul Scott into buying shares in IQE (IQE), things are set to go from bad to worse. Much worse. Last night Apple issued a first quarter sales warning.
1955 days ago
Shares in UK Oil & Gas (UKOG) have actually rallied to 1.35p to sell in recent days. Natch they remain grotesquely overvalued as the clock starts to tick on the countdown to yet an other placing. But still there are those who reckon that on £650k per annum Lyin’ Steve Sanderson is good value as CEO. Whatever. On Tuesday I asked for suitable captions for the photo below and there were many decent entries as you can see HERE. But there can be only one winner…NO!
There are two winners of a semi-naked photo of Britain’s top share blogger (mornings only) Thirsty Paul Scott and they are:
1958 days ago
There were numerous entries to this caption contest as you can see HERE although once again our in-house BB loon Wildes got overly excited looking at pictures of the crazy cat lady Carole Cadwalladr and thus served up a number of utterly non relevant observations. There can only be one winner of the semi naked photo of Britain’s top share blogger (mornings only), thirsty Paul Scott and it is…not Wildes. Instead the victorious caption for the photo below is:
1959 days ago
After its IPO I asked you all for suitable captions of the photo below. As you can see HERE there were many en tries but there can be only one winner of the sem i naked photo of the UK's top share blogger (mornings only), thirsty Paul Scott. If you feel aggrieved by the winner, fear not, we will have another contest featuring Sam when FinnCap (FCAP) has its first profits warning. So you will not have to wait too long. Anyhow the winner is...
1960 days ago
For some reason the old boy has not been banging on about the Santa stockmarket Rally quite as much this year as usual. In that vein, for the chance to win a semi naked photo of Britain's top share blogger (mornings only) thirsty Paul Scott, please supply suitable captions for the picture below in the comments section. The deadline for entries is midnight Sunday... do your worst.
1968 days ago
A few days ago, I asked you all to come up with suitable captions for a picture of Britain's most conceited fund manager in action, destroying value. as you can see here. There were many half decent entries and also a couple from Wildes who has obviously been drooling over pictures of crazy cat woman Carole Cadwalladr again and thus returned to his favourite subject. However the winner of the semi naked photo of Britain's top share blogger (mornings only), Thirsty Paul Scott is..
1969 days ago
The picture below is of Sam Smith the CEO of FinnCrap (FCAP) celebrating the IPO of her company on AIM at the offices of the London Stock Exchange. I ask you for suitable captions in the comments section below with the prize for the wittiest and rudest being a semi naked picture of Britain's top share blogger (mornings only), Thirsty Paul Scott. For what it is worth I set an early low bar with my suggestion...
1989 days ago
For a while it was going so well for TrakM8 (TRAK). Put out RNS’s saying you had cash when you had debt, record ramptastic interviews with thirsty Paul Scott and get him ramping hard, make really dodgy acquisitions that made no sense, generate no cash and watch the shares go ever higher. Then the Sheriff of AIM started to look underneath the hood and kick the tyres. The shares were 360p back then. They are opening today at just 23p to sell after a truly diabolical set of results and a (lack of) profits warning. If you were at the heart of the rampfest, it would be enough to turn a man to drink.
1989 days ago
I can't say what but it is a game changer. I do however discuss the Brexit omnishambles. I then look at why thirsty Paul Scott got TrakM8 (TRAK) and IQE (IQE)) so badly wrong as the former utterly unravels today. Is it down to the flaw at the heart of the Stockopedia system which seems to have entered Paul's thinking. I look at the lessons for us all from this debacle. I also cover today's news from Adept4 (AD4)
1994 days ago
Presented by myself, in October 2017, with slam dunk evidence that AIM Casino listed fraud MySquar (MYSQ) had committed wholesale fraud, the boss of AIM Regulation Marcus Stuttard did nothing. So MySquar was able to raise millions more pounds on the casino and private investors have lost everything. Still Stuttard thinks he is doing a good job. We captured the moment Marcus received the MySquar report in the picture below and as you can see HERE, you supplied many suitable captions. But there can only be one winner, Kayeserasera received a signed semi-naked photo of top share blogger Thirsty Paul Scott for the entry below:
2004 days ago
Happy Hop-tu-naa to any listeners in the Isle of Man, and happy Halloweebn to the rest of you. I start the podcast with a handy tip on dealing with the Trick or Treat menace. This afternoon I head off with Joshua to deal with the bastards at Barclays (see yesterday's bearcast) and I will report back on that tomorrow. I look at Crawshaw (CRAW), I3 Energy (I3E) doing a Cathy Newman, at Photonstar Led (PSL)) which is toast, Online Blockchain (OBC), at FastJet (FJET), lessons for Neil Woodford from GYG (GYG) and elsewhere and why Thirsty Paul Scott and others should keep December 3 free.
2023 days ago
In today's podcast I start with a brief but of macro babble then look at RM2 (RM2) specifiocally but also at the wider Neil Woodford stable* of dogs. Then I discuss whether I'd buy into Patisserie Holdings (CAKE) at 50p. It is certainly not the same as Conviviality (CVR) which Thirsty Paul Scott bet heavily on the day before it went bust. There are similarities but 1 big difference.
2024 days ago
Yesterday I asked you for suitable captions for this picture of Big Dave Lenigas and Lyin' Steve Sanderson of UK Oil & Gas (UKOG) standing next to a tanker at Horse Hill. There were several splendid suggestions as you can see HERE and Mr Contrarian certainly wins a commendation for his cracking caption. But the winner of the semi naked photo of Britain's top share blogger before lunchtime, Thirsty Paul Scott is Jules2k6 with:
2024 days ago
Tear yourself away from looking at how much your portfolio is down and cheer yourself up by providing a caption for the photo David Lenigas is tweeting out today of him standing at Horse Hill with UK Oil & Gas (UKOG) boss Lyin' Steve Sanderson. Post your entries in the comments section below with a deadline of midnight tonight. The wittiest entry wins the usual prize: a semi naked photo of the UK's top share blogger, before lunchtimes, "Thirsty" Paul Scott.
2025 days ago
Broker Shore Cap insisted that shares in Sosandar (SOS) were worth 50p. Thirsty Paul Scott gushed about how they were potentially worth far more and after such massive pumping the stock hit the mid forties at which point it was valued at around thirty times historic sales. Insanity. And then the shares started sliding, falling from 44p at the start of this month to 36p yesterday. That must have been enough to turn anyone to drink. Whatever could have been happening… oh yes…
2042 days ago
Juicin Drumroll demanded we bring back the Bulletin Board Moron of the week contest and last week he again tried to win in a most valiant way with a superb nomination of a UK Oil & Gas (UKOG) moron from the ADVFN asylum as you can see HERE. But I am afraid he was pipped to the post by Warun Boofit who has found some gems care of two Frontera (FRR) owning poltroons. The winning double header is below:
2050 days ago
Five weeks in and the man who demanded we bring this contest back, Juicin Drumroll, is the runner up in this week’s contest but the photo of a semi I naked Thirsty Paul Scott goes instead to Putneywill – but there were numerous cracking entries, mainly posts by shareholders in UK Oil & Gas (UKOG) who – as you can see HERE – really are true morons.
2054 days ago
My long term bearishness about TrakM8 (TRAK) a company that issues misleading RNS’s, makes ludicrous acquisitions as it racks up its debts and never translates profits (a matter of opinion) into cash (a matter of fact, unless you are an AIM China fraud) is well documented here. Of course, Thirsty Paul Scott had cosy chats with the management and knew better than a "nutcase of the first order". Today the shares have tanked to a new multi year low after another dire statement.
2065 days ago
Having demanded we bring back this contest, once again Juicin Drumroll fails to win with his nomination. Come on Juicin, we are doing this for you, please try harder. This week's winner of a semi naked photo of Britain's top share blogger, before lunchtime, Thirsty Paul Scott, is Daniel Victor. You can see all the entries HERE but Daniel's winning entry, from twitter, is from a Tesla loon:
2068 days ago
In today's podcast I look at the worthless crap that is Andalas (ADL), the trainwreck in waiting - placing ahoy - that is Frontera (FRR) and finally, in detail, at slam dunk sell red flag infested IQE (IQE).
2072 days ago
Nigel and Thirsty Paul Scott may think I am nutso but I explain the specific threats to the Sosander (SOS) share price that caused me to bank spectacular gains - one threat is an overall market crash, I discuss how likely that is and what you should do before and after
2072 days ago
Juicin Drumroll demanded we bring back the contest but after two weeks we haveb the same winner both times. drunken Sailor has now won two prizes of a semi naked photo of Britian's thirstiest share blogger, Paul Scott. Come on Juicin, this contest is all about you getting a chance to win, time to up your game,man. You can see all the entries HERE but the winner from DS is, I think, from the ADVFN UK Oil & Gas (UKOG) Asylum:
2094 days ago
I have had a business lunch, a rare event for me down in the boonies and as such I assess my sobriety. In this podcast I discuss Union Jack (UJO) and the new business-hating climate in Britain, Optibiotix (OPTI), Countrywide (CWD), UK Oil & Gas (UKOG), RM2 (RM2) and base rates on both sides of the pond. Oh and en passant Julie "Lingerie on Expenses" Meyer.
2100 days ago
This was recorded the night before the great Horse Hill to Woodlarks walk and is a great podcast covering Dave Lenigas, Paul Scott, a raft of jokes, short tips, long tips and so much more. If you have not yet donated to our walk, if you enjoyed this please get your wallet out and give some cash NOW HERE.
2103 days ago
Brokerman Dan has been replaced as the maps man on our Woodlarks Charity walk on Saturday. Perhaps we now know why in his former career he did not always get away. For it turns out that the walk is not 32 miles but 33. Lucian has mapped it out in full. Cripes. We now need just over £2,000 to reach our £20,000 target so if you have not yet sponsored me please do so HERE. Get us to target & I will shut up about it. In the podcast I look at IQE (IQE), Rangers FC and another date in court for Dave King, Thirsty Paul Scott not understanding what research means & wanting me not to cover Sosandar (SOS), Cenkos (CNKS), ADVFN (AFN) and Online Blockchain (OBC), Highlands Natural Resources (HNR) and Fishing Republic (FISH) which, I think, is AIM toast in waiting
2106 days ago
Thirsty Paul Scott is meant to be on a sabbatical but has taken time out to post his thoughts on Sosandar (SOS) on a Bulletin Board. While HotStockRockets suggested banking some gains or top slicing on Friday at 34.4p, Paul agrees with Nigel Somerville and reckons the shares are going a lot higher. Whatever one thinks of Thirsty, he knows the retail sector well and opines:
2138 days ago
Okay despite all the harsh ( but arguably fair) things I have said about him, thirsty Paul Scott has just donated £50 to the Woodlarks sponsored walk charity appeal so I am going to be nice about him for a while unless he has a twitter meltdown. Chaka Khan. Chaka Khan. Cheeese. Anyhow surely you can follow Paul, watch this video HERE to see the great works Woodlarks does then donate a few quid HERE. In the podcast I take MySquar (MYSQ) apart, John Meyer at SP Angel needs to wake up, listen and get off his arse. I also look at Frontera (FRR) - bailout placing at 0.3p? - IDOX (IDOX) and Herencia (GER)
2142 days ago
I record with Argentina and Iceland in the background on mute. Hell's teeth who on earth could support the fecking Argies? I explain the sheer torture Brokerman Dan Levi has in store for me in six weeks time and give him a reason to add to that. Andalas (ADL) is utterly worthless crap and his commentary on Friday and the statement that resulted utterly stinks. Anyhow consider how he will torture me as we walk 32 miles, feel sympathy and SPONSOR ME HERE. Then I look at Paul Scott winning an award for PR and at events at Theranos and Tesla.
2150 days ago
Pinsent Masons was at the heart of the dirty tricks campaign Sefton Resources (SER) waged against myself and Brokerman Dan Levi as we exposed wholesale lying and fraud. Pinsents was thrashed in Court when Sefton sued us for libel. Scumbag low life motherfucker Pinsents partner Russell Booker was never disciplined so I guess it thinks dirty tricks against journalists are okay. Daniel Stewart (DAN) also sent me lawyers letters but never accepted my kind offer to "see you in Court bitchez", Anyhow the two are being sued for £180 million for their negligence over the Naibu (NBU) fraud I exposed HERE. I discuss that but also why Paul Scott should apologise to 6,000 House of Fraser staff losing their jobs in this bonus podcast.
2178 days ago
Scott had failed to show up for his main stage session with Nigel Wray after drinking too much the night before but rolled up for a noon bearcast. Enjoy.
2186 days ago
Big Dave Lenigas pulls the strings here but he was in the land of High Culture on business matters on April 21. So Rob Scott stood in and presented on behalf of Anglo African (AAAP) where I am, for reasons I cannot really remember, a long suffering, if small, shareholder. Over to a man called Scott who is not a drunk and who appeared on time to present coherently. Clearly he's not related to Paul.
2186 days ago
No one seemed to disagree that Ali and Julie came across incredibly well at the show. Sosandar (SOS) is a stock that I own as does Nigel Wray and so does Paul Scott who, in his sober moments, is a good retail analyst. Anyhow see what you think. I reckon the shares are a great buy at 15.5p.
2188 days ago
Paul Scott had too much to drink the night before and thus failed to appear for this mid morning session on value investing at UK Investor Show. At one minute's notice I stepped into his shoes with Paul promising the organisers that he would arrive within ten minutes. He did not turn up at all. Though I over-ran by about five minutes as I adjusted & winged it using as a basis a pretty piss poor agenda Paul had set the session still worked very well I thought, a testimony to the expertise of Nigel Wray and Paul Jourdan of Amati.
2191 days ago
When Paul Scott starts his morning newsletter with references to Chaka Khan you kind of fear that he is drunk in charge of a keyboard. He ended his long & less interesting than usual missive yesterday, which was largely a cut & paste, with the phrase "Let's have less Tom Winnifrith please! He causes stress & anguish - go away Tom, you're a bore." and then sent his tedious column to various folks such as Nigel Wray.
2196 days ago
Background. Last year Paul turned up late for the UK Investor Show bearcast as he had gone to the wrong venue. This year I felt safe as two hours before the bearcast I knew Paul was due on the main stage with Paul Jourdan & Nigel Wray and he would not screw that up would he? Er.... As I walked off from the previous session I was told Scott was running 10 minutes late and so I agreed to start his session with Wray and Jourdan for him. 35 minutes later I was still there, over-running by a few minutes but managing well ( I thought). Still no sign of Scott. Anyhow in this bearcast I start off with five minutes on Blockchain with Malcolm Palle of Coinsilium (COIN) then it is onto Scott who seems not to understand that a fact is something that has happened, it is derived from the Latin. Opinions are not facts! Enjoy!
2199 days ago
Im am putting off assorting my jumbled thoughts on Neil Woodford and the fraud MySquar (MYSQ) into an ordered presentation but that is for this afternoon. Pro tem I look at Avanti Communications (AVN), IQE (IQE), Mobile Streams (MOS), Nighthawk (HAWK) - off 60% today but still at the very least 80% overvalued - and Leaf Clean Energy (LEAF). If you like bearcasts then remember that at UK Investor on April 21 - THIS SATURDAY - one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH. ORDER NOW and we cannt post but will email you a ticket by tonight.
2200 days ago
I start with a discussion of my drinking problem. My problem being that I just cant take it anymore even though this is the week when I am plied with booze. I then move onto humourless bastard lawyers, specifically at Pinsent Masons. Then I discuss AIQ (AIQ) - its share price is madness and I'm out. Its been a hoot fellas and will pay for my holiday in Sweden next week. Then Gattaca (GTCA), IDOX (IDOX), Magnolia Petroleum (DOG), Amur Minerals (AMC) and finally Challenger (CHAL) and its problem with a company I have renamed Star Rectum. If you like bearcasts then remember that at UK Investor on April 21 - THIS SATURDAY - one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH. ORDER NOW and we cannt post but will email you a ticket tonight.
2201 days ago
Do not worry it is not all macro babble in today's podcast but I reflect on why Sterling is roofing it and why this also makes the Paul Scott thesis on retailers and consumer facing stocks wrong - more of that on Saturday no doubt! I look at Amur Minerals (AMC) with the 1 question its dumb shareholders need to ask. I intrude on the private grief at Somerville towers regarding Scancell (SCLP) and suggest that there is more to come for poor Nigel. And I look at perennial dog Iofina and what it is NOT saying. If you like bearcasts then remember that at UK Investor on April 21 - THIS SATURDAY - one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH. ORDER NOW - LAST POSTING TODAY
2202 days ago
I was chatting to Dom Frisby this morning ahead of the Sarries evening tomorrow which is the first part of UK Investor (gold tickets only). More on that in the podcast where I also look at UK house prices, Ascent Resources (AST), Immupharma (IMM), investing in biotech, PCGE (PCGE), MySquar (MYSQ) and its new marriage from hell and at Versarien (VRS). Tin hat on after that annoying its deranged fans by daring to ask questions. If you like bearcasts then remember that at UK Investor on April 21 - THIS SATURDAY - one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH.
2202 days ago
In this podcast I look at Fronterra (FRR) where I'm vindicated and my twitter pest of the week - a detergent salesman - is now even more out of pocket. I look at Greka Drilling (GDL) and at UK Oil & Gas (UKOG) where Lyin' Steve is now really taking the piss with his 0.4p options. Finally I wonder how close is Totally (TLY) to needing a bailout placing. With Allenby of Servision (SEV) infamy and the chap who assisted Quindell (QPP) at Cenkos on board it has a broking dream team in place. I take a detailed look. If you like bearcasts then remember that at UK Investor on April 21 - THIS SATURDAY - one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH.
2205 days ago
This is the most polite i shall ever be. Okay the mother-in-law is out and my father in law has hearing issues but still its a no swearing podcast in which I discuss FairFx (FFX), Vin Murria, the Uk Investor Show and a new major headache for Purplebricks ( PURP) and the wider issue of revenue visibility. I also note events in Syria which I cover in more detail HERE. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH.
2206 days ago
Version 2. Darren cut off 6 minutes of the podcast first time around. I am a nice guy. I will not fire him...until Monday. After many years I have upgraded from a Nokia brick to a sort of smart phone but I cannot work out how to answer calls or indeed shut it off or put it on silent. So in this podcast it very much plays the shepherd of Porlock. In the podcast itself I discuss my domestic arrangements ahead of the return of the Mrs and a weekend with the mother-in-law ( some of us have all the luck) then look at TrakM8 (TRAK), RM2 (RM2), Online Blockchain (OBC) and reminisce about Sefton (SER) and Jimmyliar Ellerton, prompted by a long chat with Brokerman Dan last night. In detail I look at Fishing Republic (FISH) which looks, to me, an increasingly sick puppy. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH.
2208 days ago
Interrupted by a vomiting cat and by Amazon delivery men this is my third stab at a podcast today. In it I cover FlowGroup (FLOW), Avanti Communications (AVN) and Inmarsat (ISAT), BCA Marketplace (BCA), the crock of shit that is Mosman Oil & Gas (MSMN) and Pantheon Resources (PANR), also a crock. And I revisit Air Partner (AIR) which is still not answering a key question. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH.
2209 days ago
After last week's twitter spat we have made up and are friends again so Paul Scott will, after all, be recording a bearcast special with me at UK Investor Show. If you have not booked a free investor class seat for 21 April do so now at www.ukinvestorshow.com/tickets using the promotional code WINNIFRITH. In today's bearcast I look at a moron and Marechale (MAC), at FlowGroup (FLOW), MySquar (MYSQ), Hvivo (HVO), Strat Aero (AERO), Omega Diagnostics (ODX) and those two awful words "strategic review" and at Air Partner (AIR). Over on my personal website there is a podcast setting a few folks straight on Lady Thatcher - HERE.
2212 days ago
Not this one but one I recorded yesterday with my pal the king fraudster Sam Antar who created the original Panama Pump. Sam was on fine form and I shall unleash that podcast in a couple of weeks time but it was awesome. I pick up on a few themes from it and discuss Ascent Resources (AST), Advanced Oncotherapy (AVO) - read Nigel's brilliant piece, about a company where I own 1 share so I can attend GMs, HERE - and Strat Aero (AERO). If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH.
2213 days ago
In today's bearcast - recorded in a rush as GSC business awaits in Manhattan - I look at BNN (BNN) after today's shocking news HERE, MySquar (MYSQ), Quadrise Fuels (QFI) and Defenx (DFX). Tootle Pip...more tomorrow. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH.
2214 days ago
As old Jim Mellon is such a good friend I thought I'd have a butchers. Is it because of more problems at the Diabetic Boot Company or is it a cash crisis at SalvarX (SALV) or at Regent Pacific? What is it about this related party nest of snakes that is making investors shun shares in Jim's Port Erin (PEBI)? I discuss in detail. I also look at MySquar (MYSQ) as the fraud skids to a new low, Ecsc (ECSC), the cyber junk play, FastJet (FJET) - another bailout placing ahoy - and old Clem's spoof Online BlockChain (OBC) as it tanks again. And then its RIP Conviviality (CVR), formal notice of wipeout for those who punt on the back of a brokers note and for other investors. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH.
2215 days ago
If you are my age you may remember the song, it was a hit when I lived there and today i head over to stay with the same folks as i lived with more than 30 years ago. Ahead of that there are more words on the gender pay gap data abuse as covered in detail HERE and then I cover Vela (VELA) and a bursting blockchain bubble, Vitesse Media (VIS) - opportunistic scumbags - Infrstrata (INFA), Inspirit (INSP), Collagen (COS), MySquar (MYSQ) and Frontera (FRR). And there may be major news on Air Partner (AIR) soon, I seem to have found a whistleblower. Happy days. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH.
2215 days ago
Only kidding! Death Wish, which is not, as you might think, hapless Mayor Khan's new tourist promo video for London, is not out until Friday. So I gave the Mrs a far more suitable present for her birthday but what to give my Labour party loyalist sister Comrade N?. Back to the Mrs: I sense that I shall be watching the new Bruce Willis movie alone. I digress. In today's bearcast I look at Weatherley International (WTI), the fraud MySquar (MYSQ), Pathfinder Minerals (PFP), Air Partner (AIR), Sosandar (SOS), IFG Group (IFP), IQE (IQE) - where I try not to be tasteless as I flag a difficult issue but apologise in advance if I offend anyone - and Purplebricks (PURP). If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH
2216 days ago
Tomorrow is the birthday of the Mrs so there may not be a bearcast. If not I shall be back on Wednesday morning ahead of a flight to New York on Global Shorting Conspiracy business. In today's podcast I look at why gold like my Wisdens is an investment. Then I discuss two shares in AIM stocks which, for very different reasons, I am considering buying next week and I'd like to thank one of my colleagues for - perhaps - giving me a chance to do so very cheaply. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH
2219 days ago
The excitement mounts as the Winnifrith family heads off for a day at an owl sanctuary for that is the current obsession of young Joshua. Ahead of that I reflect on themes touched on by Malcolm Stacey today (HERE) and also Chris Bailey (HERE). I go far further than they do. The times they are a changin' and not for the better. Bring on the goats. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH
2221 days ago
Bad language alert. No I am not referring to Mrs Stacey. I would not dare but to Feedback (FDBK) which has done a placing today but another one is needed soon. I look at Mosman (MSMN) which has had terrible results and imagine the conversations round at SP Angel as poor Zac Phillips is forced to pen another buy note on this POS. I look at results from UK Oil & Gas (UKOG), the RedX (REDX) disaster, RM2 (RM2) and Conviviality (CVR). I really enjoyed today's podcast and - conceitedly - think it is rather a good one. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH
2222 days ago
In this bearcast I cover Sosandar (SOS) as Cynical Bear pretends to be Ben Turney on steroids and then turn my fire to all the bad news that UK Oil & Gas (UKOG) is sitting on and may release well after hours tomorrow. Then I look at Gloo Networks (GLOO) which is linked to BCA Marketplace (BCA). Gloo is at every level a total fecking scandal of greed and well everything. I should warn you that there is a bad language alert as Gloo is everything that is wrong about the AIM Casino. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH
2224 days ago
The Mrs thinks her dad was born in Chennai. I explain the relevance of this as I discuss Mercantile Ports & Logistics (MPL) and more evidence that has fallen into my hands suggesting that it is doomed. Elsewhere I look at Purplebricks (PURP), Angle (AGL) and the corruption of Fleet Street, Brokerman Dan again showing that he did not train as a journalist but as er..something else as he looks at Big Dish a stock where I have no knowledge or financial interest I also look at the disgraceful news today from Nick "not for the many but the" Trew at Pathfinder Minerals (PFP) and at ITM Power (ITM). If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH
2225 days ago
I look at a Winnifrith Rule AIM must introduce for board outsing EGMs ref Pathfinder (PFP), Magnolia (MAGP) and Conroy (CGNR) and I look at why we are in a bear market but why I'm not panicked. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH
2226 days ago
In today's podcast I look at why some folks really don't get it. If I want to stop risking my capital and working ball-breakingly long weeks and retire that is not selfish as one poster suggested when I said why I was planning on doing just that HERE. I look at market falls and why I expect more and at UK Oil & Gas (UKOG) and where the shares go now. What does David Lenigas say & what will happen? Finally House of Fraser is joining retailageddon. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH - Oh and Big Dave will also be there on a panel discussion covering Uk onshore oil & gas!
2228 days ago
Two days, two bull articles on IQE (IQE). It has worked and I have been goaded here is is why Malcolm Stacey is talking bollocks. I also reference the fraud Eden Research (EDEN) in this discussion on profit being a matter of opinion and that is why cash matters. I discuss why being a liar is bad news as a CEO ref Mkango Resources (MKA) then tease Andrew Monk and Richard Jennings about Gulfsands Petroleum (GPX) - their oil analysis as bad as their Syria analysis on this occasion. Then it is onto Flybe (FLYB) and a detailed discussion of the looming cash crisis and joke valuation at Sound Energy (SOU). I suggest SalvaRx (SALV) run by my good friend Jim Mellon faces a bit of a cash issue. Then I explain why I have cut my UK Oil & Gas (UKOG) target price to just 0.25p making it, at 1.125p, still a slam dunk sell. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH
2228 days ago
It is one month exactly to UK Investor Show. Book your seats today! In today's podcast I comment on retail generally but also on any company that says that it is talking to its banks and that they are "supportive." I look in detail at yesterday's results from Eden Research (EDEN). Would you Adam & Eve it? There's lots of snakes in that garden. I look at the request for an EGM of Pathfinder Minerals (PFP) to out useless Nick Trew and NED Toff Tory Sir Henry Bellingham MP of 3DM infamy. Sir Henry I have a score to settle and I have a warning for you about what I plan. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH
2229 days ago
In today's podcast I start with a digression about driving to Greece given the day's good news about the hovel HERE. But I have a serious point about residual values of cars, ref BCA Marketplace (BCA), Northgate (NTG) and others. I then look at Falcon Media (FAL) and its boss who I accuse of fraud and think should go to jail. Then it is on to Milestone (MSG) - told y'all!!!! - Ferrum Crescent (FCR), De La Rue (DLR), and Amur Minerals (AMC). I have a pop at an Ulster born bimbo on BBC Business over Brexit and then discuss Neil Woodford where Roger Lawson defends the indefensible after today's shocking revelations. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH
2229 days ago
IQE (IQE) the manufacturer of wafers which pretends that it is the next ARM and is the darling of Bulletin Board Morons, brokers looking to earn 5% on the next placing so writing ramptastic research reports today, avid broker report reader Paul Scott and our own Malcolm Stacey, has served up results for calendar 2017 which will please everybody.
2231 days ago
Okay the most frequent poster in our comments section is a nutso commie but hat tip to Wildes for a phrase he taught me today. In the bearcast I discuss how to make real bread ( my next career?), Accrol (ACRL), Micro Focus (MCRO), Inspirit (INSP), Conviviality (CVR), Mothercare (MTC), Online Blockchain (OBC) and have a prize contest on TechFinancials (TECH) - can anyone explain this bollocks to me. The prize will be awarded at UK Investor on April 21 where the highlight of the day will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH
2231 days ago
Having filled his boots with shares in Conviviality (CVR) the day before they were suspended pending clarification, the UK's top share blogger now reports that a rescue bailout could be at as little as 30p.
2234 days ago
The short list is Conviviality (SVR), Clear Leisure (CLP) and Graphene Nanochem (GRPH). I discuss all three but also UK Oil & Gas (UKOG) where the deafening silence is a very bad sign. I consider Sir Patrick's Day tomorrow and how Joshua and I will celebrate and I look at Mothercare (MTC), retail gloom, Mitie (MTO) and the double standards of the great and the good. Make sure you get your free ticket to UK Investor on April 21 using the promotional code WINNIFRITH when booking an investor class seat HERE - if only to hear a live 40 minute bearcast with myself & Paul Scott being recorded!
2234 days ago
Today's related party deal is the final straw and I have to use a C word when it comes to Gary Ashworth & Interquest (ITQ). I also look at Forbidden Technologies (FBT) which - whatever the directors say - needs a placing. I discuss PZ Cussons (PZC), Vernalis (VER) and Paul Scott's woes at Conviviality (CVR) - Scotty that is the danger of reading broker notes you should speak to the company instead. Nudge Nudge, know what I mean. Wink, wink.Make sure you get your free ticket to UK Investor on April 21 using the promotional code WINNIFRITH when booking an investor class seat HERE - if only to hear a live 40 minute bearcast with myself & Paul Scott being recorded!
2242 days ago
You know that I view soft soap paid for interviews with folks like Proactive in a deeply negative way. But Steve O' Hara of Optibiotix (OPTI) comes, I believe, across well and explains the import of recent announcements. In this interview O Hara gives the sort of hard numbers I have used in my writings on this stock. Paul Scott shows an extremer double standard in describing this as "nudge, nudge wink, wink" - I just called it talking to a company which is what anyone sensible would do. I explain why Scott is talking cock and applying double standards HERE. As for Optibiotix, do your maths listen to the whbole interview ( the last 30 seconds are very interesting), the shares are incredibly cheap at 62p offer and will go to well over 100p this year if half of what O'Hara says in this interview comes good. BUY.
2242 days ago
Paul Scott is having a go at me on twitter and on the comments section here - which I publish as I believe in free speech - but I put him straight on what research means and why he is - not for the first time - applying a double standard. Come on old boy - be fair and look at the actual facts. Then I look at Vela (VELA) and what its share price says about sentiment on the AIM Casino. En passant I cover the dog Arian (AGQ) Finally a detailed look at Countrywide (CWD) - dire statement today - and where that leaves Purplebricks (PURP). Which is the bigger short? A tweet from Scott is below:
2243 days ago
In today's bearcast I start with a reader complaint but then he is a tosser so who cares? Then it is onto looking at the differences between the funding facilities at UK Oil & Gas (UKOG) and MySquar (MYSQ). I am bearish on both but the differences in the two packages are instructive. I look at Nature Group (NGR), Jim Mellon's uber-ramp FastForward (FFWD) and at Purplebricks (PURP) is the Neil Woodford bubble about to burst again, as even former supporters like Paul Scott admit my analysis was right and theirs wrong.
2285 days ago
Sorry this podcast is a bit brief as I am ill. In it I look at IQE (IQE) where I wonder if my bearishness has trumped the bullishness of Paul Scott. I look at Starcom (STAR), Tern (TERN) and Cloudbuy (CBUY)
2346 days ago
I always defer to Paul Scott on matters retail. He is the guru. He got Boohoo (BOO) right and I was wrong (before I turned volte face and was right). So if Paul Scott says he has bought 1% of Sosandar (SOS), as a fellow shareholder I am cheered.
2376 days ago
IQE (IQE) is being hailed as “the next ARM Holdings” - you can see the bull case from my pal Paul Scott HERE. But if this is correct it would mark a major turnaround for a company that has been around for nearly two decades without generating any shareholder equity.
2380 days ago
Some posts on our comments section are so interesting that they merit a wider audience. Overnight Paul Scott, Britain;s top share blogger, served up a really interesting one on ASOS (ASC), prompted by Malcolm Stacey's recent (bearish) article here. This is really very interesting analysis. The great Scott writes:
2412 days ago
I am, on balance, bearish on IQE (IQE) - not as a slam dunk it'sgoing to zero - I just think the shares are seriously overvalued as I explained in a weekend bearcast HERE. But Britain's top share blogger Paul Scott disagrees. The great man writes:
2416 days ago
Neil Woodford, Paul Scott and the man who compares himself to Warren Buffett, Roger Lawson, have no doubt done full due diligence on the manangement at Purplebricks (PURP), notably its founders, the Bruce brothers. Or maybe not...
2457 days ago
Britain's top share blogger posted a few comments here late last night. Did I say Chaka KIhan and Cheese! But one in particular merits a wider audience. Paul respinded to my comments on Fairpoint (FRP) and Revolution Bars (RBG) HERE. Paul notes:
2458 days ago
First up I must congratulate Paul Scott for sticking with and, I think averaging down, on Revolution Bars (RBG) which earlier this week received a tentative 200p share offer. Paul was right and I was wrong. It happens. I guess my, almost teetotal existence and his extensive field work gave him the edge. Only kidding - it was a great call by Paul and one orf the reasons why he is such a great share blogger. I am sure his session with Nigel Wray at UK Investor 2018 (as well as his live bearcast with me) will justify attendance on its own. But just as a reminder we do not get it all right, here is a classic Scott twitter outburst, regarding Fairpoint (FRP) which said that it would be calling in administrators today.
2489 days ago
My contention, questioned by certain other well known share bloggers, is that TrakM8 (TRAK) is what Warren Buffett would define as a "bad company." That is not saying that it is a fraud. It is not, although it has told untruth's in RNS's and raised cash to buy some strange old businesses. It is bad becuase it just does not generate free cashflow. Paul Scott, PR crony capitalist Reg Hoare or the paid corporate shrills can bang on abourt earnings per share till the cows come home but earnings are a matter of opinion, cash is a matter of fact. Trakm8 yesterday published its, piss poor, results for the year ended 31 March 2017.
2497 days ago
Okay this really is the last one until September. But I have packed and am ready to travel and am bored, so here goes one more time. First up I discuss those who always blame others for their lack of profits, citing some twitter chum of the great Paul Scott. Then as Brent plunges through $45 I discuss why it is falling, where it will go next and if you should sell all your shares. The answer is a very selective no.
2519 days ago
Don't worry it is not Paul Scott in the altogether, it is the official ADVFN share blogger of the year, Mr Daniel Levi, aka Brokerman Dan with his bling. All we ask is that you supply a suitable caption for the photo below with a deadline of midnight tonight. Post away in the comments section below. For what it is worth my entry is:
2519 days ago
If ever there was a demonstration of how price is not the same as value when it comes to shares it was Fusionex (FXI). Time and time again we pointed out the red flags yet the company maintained a market cap of up to £100 million. that was £100 million too high. Now, after five years in which £55 million has been transferred from UK Investors to Malaysia the company announced after hours on the Friday before the bank holiday weekend that it would delist. Its shares have crashed to 42.52p (the last fund raise was at 325p) but that is still way too high. And Britain's top share blogger, the fitness guru Paul Scott has weighed in and agrees with me.
2550 days ago
Of course these two good folks have a lot in common. They are both part of the metropolitan elite who think that the real downside of Brexit is that there might be a shortage of folks to serve them organic semi-skinned macchiatos at £6 a pop in ponsey London cafes. They both know who I am and say that I swear too much in podcasts. But they have a deeper bond. And it is once that marks them out as total freaks. Today is May 4th. you know the 4th of May. May the 4th be with you! Still Paul Scott does not get it, nor will Olaf who I am seeing later. Today is Star Wars Day.
2574 days ago
Paul accidentally went to the wrong venue so Tom hosted the show by himself to start, but then Paul arrived and so did the fireworks. This is a special live Bearcast recorded in front of a live audience at the UK Investor Show 1 April 2017.
2587 days ago
One of Paul Scott's most endearing qualities is that he can laugh at himself as the video below makes clear. But he is also a razor sharp brain and will be chairing the session with Britain's Buffett, Nigel Wray, and the UK's top small cap fund manager of 2016/17 Paul Mumford at UK Investor Show on Saturday. There will be fireworks then. Meanwhile....
2611 days ago
Yes, I shall be recording my first ever joint bearcast - if one excludes ones where Oakley has chipped in. The date is April 1, my opponent is Paul Scott. Will it be TrakM8 or checkmate? The venue London in a new bonus session at UK Investor Show. I explain more about this total one-off in today's podcast. It is 4 weeks to the day to UK Investor and tickets are 85% booked out so if you are not booked in book NOW! On this podcast I also look at Brave Bison (BBSN) and TrakM8 (TRAK) and how cost cutting can itself prompt a cash crisis. I look at Audioboom (BOOM) with a more generous eye. I look at Glenwick (GWIK), now booted off AIM, which stinks. And I look at the idea of investing in shite companies to make money, ref Red Leopard (RLH) and Cynical Bear. This also brings me to ECR (ECR) where we own shares and I now see arch ramper Big Gib is on board. Over to you Big Gob do not let me stop you!
2612 days ago
I felt the need for a mid afternoon nap after a draining twitter exchange with Britain's top share blogger Paul Scott in which he lambasted me for what he thought I said about his calls on TrakM8 (TRAK) in an article he admitted that he had not actually read. Suffice to say he was barking up the wrong tree. I set the record straight and look again at TrakM8 and why Paul would be wrong to buy back in on the day my original analysis was 100% vindicated - as you can see HERE. I look at Blenheim Natural Resources (BNR) and issue dire warnings. I wonder what is up at Cloudbuy (CBUY). I refer to my postcard on my own website which has just gone up. When is a foreigner not a foreigner and the silliest Guardian reading remoaning bitch in Britain HERE
2616 days ago
ShareSoc does some great work for private investors. Sadly its former chairman RogerLawson of blinkx & Globo fame - taken apart brilliantly by Paul Scott HERE - continues to behave in a way that is not acceptablel. He was at it again last night and also a week or so ago.
2619 days ago
Roger Lawson the chairman of SharSoc is of course a great expert on tech stocks. That was why he was able to dismiss so easily criticism from myself, Ben Edelman and Paul Scott about blinkx (BLNX) and Globo (GBO), two of his big holdings. . Now it seems that another "Lawson winner" emerges - NCC Group (NCC) which had an awful statement yesterday as I explained HERE..
2620 days ago
All the shit I got when I warned y'all repeatedly what a crap company TrakM8 (TRAK) is almost seems worth it now after yet another awful profits warning. No doubt share blogger Paul Scott, crony capitalist PR Man Reg Hoare and uber-bullish analyst Lorne Daniel of Finncap have already ordered that crates of ouzo be sent to me at once as my top analysis is vindicated again. It is what this warning does not say that should terrify you. Things will get worse.
2659 days ago
I start by explaining why Chris Bailey of Financial Orbit is a freak!. it is all to do with Star Wars. Then it is onto TrakM8 (TRAK) following my kerboom article of earlier. I make specific points about Paul Scott's favourite dog but then general points about why company's acquire and why that turns me off.
2659 days ago
It is my birthday today and the TrakM8(TRAK) supporters club of top blogger Paul Scott, crony capitalist PR man Reg Hoare and tech analyst Lorne Daniel of FinnCap need each to order a bottle of ouzo to send me with a note saying "you were right - you is da king". Subsidiary accounts for Route Monkey have finally emerged and are truly diabolical just as I predicted to hoots of derision from the supporters club.
2661 days ago
Paul Scott gets some things right I get wrong ( Boohoo!). And he is an incredibly talented analyst and writer and a good bloke. But his reaction to the TrakM8 (TRAK) shocker earlier is just nonsensical and has annoyed me. Paul is just in denial as I explain in detail. No doubt the health guru would also disapprove strongly with my Birthday pudding today which was just amazing.
2671 days ago
I am watching high quality TV like Midsomer Murders as the Mrs is away. I am bombarded with adverts for online fashion and holiday booking and am terribly confused - I need health guru Paul Scott to help explain what is going on as something is just not right. Then I look at when the criminal gangs at Quindell (QPP), Globo (GBO) and Worthington (WRN) will face justice. At least one might be in 2017. And I ask why Cloudtag (CTAG) morons want to send cash to a convicted criminal who appears to be living in a £3 million house despite BOTH he and his wife going through bankruptcty. It's all very odd.
2704 days ago
Though I may have pneumonia thanks to Paul Scott, I am now safely in Kalamata looking up at the mountains where I live when in Greece and the storm clouds are ominous. So back to the stockmarket I look at Finnaust (FAM), Audioboom (BOOM), Avanti Communications (TOAST), Condor Gold (CNR), Advanced Oncotherapy (AVO), Webis (WEB) and Anglesey Mining (AYM) which is spouting bullshit today as it places.
2704 days ago
I must rush. Woodlarks beckons and then it is Greece. But first I look at: Advanced Oncotherapy (AVO) in light of last night's bombshell HERE, TrakM8 (TRAK ) - chatting to Paul Scott - Pantheon Resources (PANR), Bushveld Minerals (BMN), FastForward (FFWD), Jim Mellon's reported comments and Mosman oil & Gas (MSMN).
2705 days ago
I landed at the airport at one in the morning and was aware that the bus from the Athens coach station to Kalamata did not leave until 6.30 AM. And I remembered that the bus station was cold and among the grottiest places in town. And thus I settled in a comfortable arm chair in a coffee shop at the airport, got online and produced three articles and started to feel quite productive. But then share blogger Paul Scott started tweeting me.
2707 days ago
"Lorne Daniel at FinnCap, PR man Reg Hoare, Nomad Ed Frisby, Broker Joanna Scott, Edison Research, Proactive Investors we have beaten them all, we have beaten them all!. Paul Scott can you hear me? Paul Scott ... your boys took a hell of a beating! Your boys took a hell of a beating!" Yes The Sheriff of AIM is again 100% vindicated and it is ouzo o'clock already thanks to dog TrakM8 (TRAK)! But where next for the shares? All is discussed in full in this bonus podcast.
2712 days ago
I start with the urgent matter of the weight of my three legged cat Oakley and I take stern warnings from health guru Paul Scott. But there are problems to deal with which the guru may not appreciate. Then I comment again on African Potash (AFPO) which has suffered the usual fate of those PLCs who threaten me with fascist lawyers' letters. Then I work my through Senterra (SEN), Mitie (MTO), China Africa (CAF), Arria (NLG), Instem (INS) and LXB retail (LXB).
2735 days ago
In this podcast I look at the Hillary Clinton bombshell and what it means for the election and shares, something I cover in more detail HERE. Then I explain insider dealing and the difference between how I treated Reach4Entertainment (R4E) and Cyan (CYAN). Finally I suggest that heads must roll at Northland over the Management Resource Solutions (MRS) scandals.
2747 days ago
I start with a discussion of gold versus Sovereign debt and refer to a table at the bottom of an article I penned today on the delusional poisonous midget Nicola Sturgeon and her welfare addicted countrymen HERE. Then it is onto TrakM8 (TRAK) but more importantly Boohoo (BOO). Will Paul Scott concede defeat on the former, should I show humility and concede defeat on the latter, just to avoid another session of retail gross margins waterboarding. What do you think? Cripes that reminds me that we picked up some Boohoo shares in the Dragons Den session last year at UK Investor. Bank gains, methinks.
2761 days ago
As we know, my good pal Paul Scott bought shed loads of TrakM8 (TRAK) shares at c220-230p following what he termed a "Winni-wobble", that is to say share price weakness caused by my high quality investigative and forensic journalism. With the shares dipping another 10% today to 165p-170p without me saying a dickie bird, perhaps Paul wants to average down? I wouldn't.
2789 days ago
I am aware that Britain's top share blogger Mr Paul Scott is flying back from an extended Greek holiday this morning. When he lands at Gatwick and checks his smartphone he will see that shares in his beloved TrakM8 (TRAK) have dived by 10% today, to just 200p to sell after a piss poor trading statement. I hope Paul has some duty free ouzo for the Sheriff as I think he owes me an apology on this one. Hmmmmm I can almost smell the aniseed now...Scotty you know where to send it.
2792 days ago
I used to have a girlfriend from India who arrived in this country convinced that the entire British establishment and anyone who went to a public school (with the exception of myself, naturally) were closet homoseexuals. If she is reading the tabloid press today she will no doubt be concluding that she was right all along.
First there is the Bishop of Grantham
2832 days ago
Paul posted this earlier in the comments section and it merits a wider audience. That is not only for exposing Paul's tragic taste in music but also key lessons on tech investing. Over to the top share blogger.
2869 days ago
In today's bearcast I start with a brief look at Highlands Natural Resources (HNR), explaining why I knew it was a wrong 'un as soon as I saw who its management team included. I have two follow up articles on today's collapse to come but suffice to say that at anything above a couple of pence its shares are a slam dunk sell. I also look at Aureus Mining (AUE), cover Servelec (SERV) and what it says about equities in general. Steve covers it in detail very well HERE. Then it is onto Fitbug (FITB) and how today's scandal at Thor Mining (THR) begs AIM for a big change in the rules to stop mug punters getting shafted as poor Paul Scott was at Cyan (CYAN). I also have another warning of doom and more questions for Lord Tim Razzall of disgraced Boxhill (BOX) - target price 0p.
You can see the two detailed pieces on the Highlands scam HERE & HERE
2870 days ago
Why are shares in TrakM8 (TRAK) plunging. This is not a "Winni-wobble." The company needs to make a statement either officially or via its spokesman on earth, Paul Scott. Elsewhere, after a visit to Mistras which was amazing, I look at Gulf Keystone (GKP), death merely postponed, Avanti Communications (AVN ) - ditto - Edenville Energy (EDL) ditto and Cyan (CYAN) where I explain who is shafting Joe Retail: brokers and management.
2871 days ago
Ooops a daisy another day and another scoop and another hugely discounted placing revealed by yours truly. Apologies to Paul Scott if he was suckered into this one too by a ramptastic trading statement on May 31 but with shares in Provexis (PXS) trading at 0.26p-0.29p this perennial uber-dog with fleas is passing the hat around again. Time for a statement hapless Nomad & broker Cenkos?
2891 days ago
Given how a number of followers of blogger Paul Scott went onto twitter last night to retweet or like tweets about me which were simply untrue I feel the need to publish a private email which, I fear, shows that the blogger wwas just making things up. I do so merely to protect my own reputation. It all stems from Cyan.
2891 days ago
More stilly tweets from free speech deniers Paul Scott prompt a further defence of an unmuzzled press. I deal with Paul's bizarre conversion to totalitarianism and Cyan in a seperate podcast here. Lorne Ebony of FastForward (FFWD) asks you to accept that black is white. It isn't and his shares are a sell. I look at Gable (GAH) where a free press that warned you all is vindicated. Maybe some folks think I should not have let you know? I cover Marks & Spencer (MKS) and its problems before dealing with grossly overvalued Nyota (NYO) and its boardroom coup.
2894 days ago
Paul Scott is slating me for breaking news of the Cyan (CYAN) placing which the company has now confirmed in a grudging sort of manner. I examine why Paul is upset but explain why his argument is flawed and why he needs to direct his ire at the company not at me. Ever since there have been financial journalists our job has been to break stories of placings, bids and profits warnings. I explain why that is the moral thing to do and exactly why it was the moral thing to do to break the Cyan placing today. I've been breaking such stories as a financial journalist for 25 years. I am bloody good at it and so have no plans to stop. It is one of the few things I do which I can say, without doubt, is morally right. My snake encounter article, I mention in the podcast, is HERE
2908 days ago
Well this was not on the agenda but in a surprise move Paul Scott pitched up to do a breakout room presentation at UK Investor Show. Enjoy
2921 days ago
This podcast contains bad language, please be warned. There are a couple of Isle of Man related issue and I then move onto: Snoozebox (ZZZ), Outsourcery (TOAST), Cambian (CMBN), Cobham (COB), earnings visibility and consumer spending patterns, Paul Scott, Nyota (NYO), Carpetright (CPR), Austin Reed and Falcon Acquisitions (FAL).
2930 days ago
I woke up last night panicking that after staggering home from a boozy lunch with Lucian I had written a drunken piece laughing at all sorts of folks after Phorm admitted it was bust but that I had just written it becuase I felt like it not because it was true. Imagine my relief to discover that it was in fact true and with hindsight I think I write jolly well when drunk. Perhaps we should have a writing contest myself & Paul Scott both drunk vs two boring sober bastards. I digress. I look at BP and executive pay and unable to resist poking some fun at the ghastly Nicola Horlick and dreadful Channel 4 News. I look at 21st Century Technology ( C21), Gulf Keystone (GKP), Strat Aero (AERO), Grand Group (GIPO)) and 88 Energy (88E) where Lucian is short. In a sort of flashback I recall our discussion yesterday on 88 and recount it.
2930 days ago
Lucian will be here soon so I thought Id better record ahead of our trip to the Conservative Club with its tempting cheap beer. On the agenda I fail to mention that Finncap are complete and utter bastards but they are. I do, however, cover Ruspetro (RPO), Gulf Keystone (GKP), SeaEnergy (SEA), Rose Petroleum (ROSE), Sierra Rutile (SRX), Burberry (BRBY), Mothercare (MTC), a couple of Paul Scott jokes - please do not tell me he has any friends in the Mothercare management community that he thinks I may be offending - as well as a word or two on Challenger Acquisitions (CHAL)
2943 days ago
Firstly happy birthday to my father - I have a present see HERE. Then a message on landing times for UK Investor tickets. If you have not booked yet do so now. Then I am going to annoy Paul Scott by bashing Roger Lawson. Those who followed Lawson's advice as he endorsed blinkx (BLNX) without declaring his holding are 90% down. Yet he is yet to apologise to them or to those he attacked as we pointed out why his analysis was all cock. So let's look at the dire trading statement today. Then it is onto Asiamet (ARS), Strat Aero (AERO), Iofina (IOF), Fitbug (FITB), Vast Resources (VAST) and finally a detailed look at Rare Earth Minerals (REM) and some interesting points raised by Andrew Monk.
2944 days ago
I a not sure what I am allowed to say these days since Paul Scott issued his language diktat. But I start by saying thanks to those who have emailed or tweeted me about my personal news today but then explain why I am spending a day cooped up in London with the charming Halimah. Then it is onto Condor Gold (CNR) and Powerhouse (PHE) which are talking cock. Then I remember my question of AIM's disappearing oil stocks in light of news today from Caza (CAZA). I concur with Steve Moore regarding Sepura (SEPU) and ask a few questions about Port Erin (PEBI) the vehicle of my old pal Jim Mellon, shares in which appear to be collapsing. There is also more comment on Strat Aero (AERO) and Stratmin (STGR).
2945 days ago
Oh dear, it seems that Britain’s top share blogger is on the warpath again and has made public a letter of complaint about the language used on this website accusing us of homophobia.
2951 days ago
Cripes the Mrs listened to me recording this and said that it was jolly interesting. I must have done something right today. On the agenda, I start with global denial, the fake econmic recovery since 2008 and how it will end in tears. I refer to a cracking Zero Hedge article here. Then it is Paul Scott in denial on how management change really changes so little so often. Finally it is Ascent (AST) loons in denial in equating sunk costs to fair value. Folks please if you wish to FYB tomorrow do not let me stop you as you will be able to buy shares we own and will happily let you have. But in all good conscience I must explain why you are bonkers.
2953 days ago
I shall leave Paul Scott to battle with Malcolm Stacey about the existence of God. But I hope that Paul as a non believer shows no hypocrisy by devouring any Easter Eggs. Now it is my turn to bash Malcolm over his daft views on women on boards. He is wrong, my wife and the public sector "experts" are wrong. The grim reaper will achieve what quotas will fail to do and will make Britain wealthier in the process.
2955 days ago
We are truly honoured. Paul Scott has posted here explaining why Steve Moore is wrong to be bearish about Synety (SNTY) - see HERE. Scotty admits that he is a bit of astake bull having called it consistently wrong (unlike Steve who has been 100% correct in being bearish to date) but insists that this time it will be different. In the interests of balance here is Mr Scott on a stock he does own.
3016 days ago
Paul Scott insists that I must ignore the series of historic lies, woeful lack of cash generation and the rest of the Red Flags at TrakM8 (TRAK) and look forward to the jam tomorrow. I shall do exactly that on Monday and show why that jam won't arrive. But Benjamin Graham tells us that historics are often a better guide to valuation than promises of jam tomorrow and in that vein I shall now demonstrate what an overhyped dog's dinner of a cash consumer this company is.
3017 days ago
Paul Scott's beloved TrakM8 (TRAK) would like you to think that its latest purchase, Route Monkey, was a prize jewel it was lucky to pick up. Au contraire. Its a dog and has been for sale for at least 20 months...finally it found a buyer in TrakM8. Now one potential purchaser who "kicked the tyres" has been in touch. He says.
3017 days ago
Paul Scott has today dismissed THREE lies told by TrakM8 (TRAK) in RNS statements as irrelevant. Whatever. So let's go with a fourth and from there look at what was hailed as a transformative deal, the purchase of Box Telematics Ltd in a Reverse takeover in October 2013.
3018 days ago
Britain's top share blogger Paul Scott seems to have fallen in love with TrakM8 (TRAK) and is thus blind to numerous red flags which in any other stock would be causing him to plunge the knife in. Let's start with the lie about net cash.
3020 days ago
Warning: This podcast contains bad language and some not terribly PC remarks about the Germans. A bit of an argument this morning with Paul Scott, Britain's top share blogger, on the subject of TrakM8 (TRAK). For once he sounded like a bit of a stale bull and I go through the bull excuses when faced with analysis like THIS. I am right on this one. I also cover Environmental Recycling (ENRT) and Motive TV (MTV) both of which are flea ridden dogs with puss ouzing from every pore and should be put down at once. Then it is on to Nostra Terra (NTOG) and Independent Resources (IRG) as well as Northern Petroleum (NOP) and Armadale Capital (ACP). I did not cover Corero (CNS) but I see its shares are slipping so should ask "when is the placing" and I gave Jabba The Hutt a break today but if you need a fix there is an LGO expose HERE
3028 days ago
Paul Scott may be Britain's top share blogger but today he served up the sort of grotesque factual innacuracy which would put David Lenigas to shame. I start on that matter and Birthday communications with the younger generation. Then it is onto Afriag (AFRI) - Incoming! Watch this space. Then to Boohoo.com (BOO), Aquatic Foods (AFG), MX Oil (MXO), Magnolia Petroleum (MAGP), CIC Gold (CICG) and London Capital (LCG). I also mention, en passant, Kefi Minerals (KEFI)
3030 days ago
I deal with three sorts of folks who are in denial. Quindell (QPP)/Watchstone (WTG) owning BB nutters who still insist that Rob Terry may be innocent and I may be guilty, Paul Scott who sees value in retail stocks and the China nutters who cannot accept that what is going on is more than a little blip. Once again I warn that this podcast contains strong language.
3042 days ago
Paul Scott disappointed his army of fans with a refusal to pen a drunken 3 AM blog this Christmas. Shame. Shame. Instead he penned a very sober slating of the quoted brokers prompted by the profits warning from Panmure Gordon (PMR). I have been saying for ages that this sector is uninvestable and but Paul puts it far more clearly.
3042 days ago
Merry Christmas to you all. In this podcast I reveal my seven heros of 2015 from the AIM casino and my ten villains. Yes David Lenigas does feature as does Rob Terry, Marcus Stuttard, Roland "fatty" Cornish, Paul Scott and the firm of Daniel Stewart - can you guess which category each of them are in?
3075 days ago
Oh no Paul Scott is giving me health advice again. If he promises never ever to waterboard me again with online retail gross margins I might just quit smoking. Away from that I look at car crash Slater & Gordon (SGH) following up from the earlier detailed piece HERE. In a similar vein I look at NAHL (NAH). Then it is onto EKF Diagnostics (EKF), Moneyswap (SWAP), Oilex (OEX), Forte Energy (FTE), Alliance Pharma (APH), Iofina (IOF) and the Fitbug (FITB) dog. There is no mention of Jabba The Hutt today, David Lenigas must wait for Gold & Bears on Saturday for his next drubbing. And boy will it be a drubbing.
3094 days ago
I am still recovering from lunch with Paul Scott yesterday. It was great fun but I have no idea how I made it back to Bristol and now I want to go to bed again. In this podcast I discuss the idea of investing in bad companies at the right time. I look at Rob Terry's antics on Friday at Daniel Stewart (DAN) and Imaginatik (IMTK) and discuss flip flop tipping Red Rock Resources (RRR).
3094 days ago
Listeners have pity on me. Lunch with the UK's top share blogger beckons. That means the regime which leaves Paul looking so trim and svelt - ie lots of alcohol - plus long lectures on margins in online retailing. If that does not turn a sober fellow like me into a drunken share blogger nothing will. Away from that I explain why I am not really a snob and then make a snobbish comment or two, then discuss CIC Gold (CICG), ECR Minerals (ECR), Falanx (FLX) and Optibiotix (OPTI) and the curse of the Sith Lord Zak Mir and Plethora (PLE) and its premature ejaculation drug. I dont understand what it is all about but invite readers to share their personal experiences so that we can get a grip on what's going on here.
3108 days ago
In today's podcast I cheer on Paul Scott in his twitter battle with Roger Lawson (see HERE). Then it is onto Globo (GBO) and where we are now. Then I look at the companies announcing at no-one is watching O'Clock yesterday: IGAS (IGAS), EKF Diagnostics (EKF), ADVFN (AFN) and Gulf Keystone (GKP)
3108 days ago
I have long maintained that Roger Lawson of ShareScoc promoted blinkx (BLNX) without declaring a position and attacked folks like myself and Ben Edelman who disagreed, declaring that he was a “software expert”. It now appears that the software expert was also long of Monitise (MONI) and Globo (GBO)
3122 days ago
Thanks to Paul Scott for his help on this one. I know that Gary Newman is a fan but I just do not get Fishing Republic (FISH) at all - the red flags are now highlighted. The Crony Capitalist City parasistes trousered fees of £550,000 ( two years after tax profits) from a £1.5 million fund raise at IPO (with directors pocketing £106,000) but I somehow suspect investors will not propser with this AIM casino chip.
3123 days ago
In today's podcast I get a little help from Professor Ben Edelman as I discuss: blinkx (BLNX), Iofina (IOF), Adgorithms (ADGO), SeaEnergy (SEA) and Sefton Resources (SER). I have avoided mentioning Paul Scott since he has declined to send me any more tips on his guidance for healthy living for at least 48 hours.
3125 days ago
In today's podcast I reveal how Paul Scott thinks we can all attain the body beautiful. I then move on to discuss Iofina (IOF), madness, sheer madness on buy to let, Grafenia (GRA), Botswana Diamonds (BOD), Boxhill Tech (BOX), JQW (JQW), Jiasen (JSI) and the crony capitalist beanfeast tomorrow YOU are paying for at the AIM awards dinner. I am angry about that and also discuss, in anger, SeaEnergy (SEA) and Eclectic Bars (BAR)
3131 days ago
A few reflections on the AFCE Fraud conference today at which I spoke and on the Boohoo (BOO) supper with Paul Scott last night. Then onto Daniel Stewart, Caza (CAZA), LGO Energy (LGO), Wandisco (WAND) and Magnolia Petroleum (MAGP). Then the fire alarm went.
3138 days ago
In a wide ranging podcast I once again praise the great share blogger Paul Scott, if only to annoy those Bulletin Board Morons who wish to see us be nasty to each other. That will not happen. Elsewhere I comment on LGO Energy (LGO), UK Oil & Gas (UKOG), Armadale Capital (ACP), RM2 International (RM2), London Capital (LCG), JQW (JQW), IMC Exploration and that scumbag Liam McGrattan of US Oil & Gas (USOP) infamy and what that says about Standard Listings, and also on Tungsten (TUNG).
3140 days ago
How can I think straight when Corrie live is on tonight? Anyhow, I continue my debate with Paul Scott on Boohoo.com (BOO). He thinks I'm wrong HERE but I suggest a few points he may wish to consider. Then Lucian Miers flags up the curse of Welsh folks called Williams involved with PLCs - David at Avanti Communications (AVN), Jim and Tony at Arian Silver (AGQ) but is David at Tungsten (TUNG) a sheep shagger? And what about Chris Oil? We need to know. I discuss Arian in its own merits plus Europa Oil & Gas (EOG), Mosman Oil & Gas (MSMN) and in detail Premaitha (NIPT).
3141 days ago
So much to discuss today on the podcast. On this wet day in Bristol my life is brightened by a stream of disastrous RNS announcements. In no particular order I discuss Geong (GNG), Vmoto (VMT), Jiasen (JSI), JQW (JQW), RSA (RSA), Boohoo (BOO) - why the UK's top share blogger Paul Scott is wrong - LGO Energy (LGO), oil prices, Antrim Energy (AEY), Belgravium (BVM), Arian Silver (AGQ), Audioboom (BOOM), Proxama Resources (PROX) and in a bit of detail Seeing Machines (SEE).
3163 days ago
I am roused by Jeremy Corbyn, Paul Scott, Paul Mason, Russell Brand and a poster here to discuss what is wrong with capitalism, why it is sick and not working. The solution? Stop bastardising it. We need pure capitalism not crony capitalism, run just for the 1%, but to make life better for all.
3208 days ago
Tim Martin of JD Wetherspoon has today commented on the moronic plans of George Osborne to put SME's out of business, ooops I meant to say to pushing the minimum wage up to £9. For Paul "Trotsky" Scott, "Red" Darren Atwater and others here are some hard maths. Just who is subsidising who? Look at how much profit JD makes per pub and how much tax that pub generates. Over to my hero of the day Tim Martin:
3209 days ago
So Paul "Trotsky" Scott, "Red" Darren Atwater, George "the twat" Osborne and your out of touch cabinet pals who have never risked their capital to run an SME, PR supremo Reg "crony capitalist" Hoare et al you want me to pay my staff £9 an hour. Let me tell you about Christina and why I am in such a foul mood today. Warning this podcast contains a stream of bad langauge. I also cover Greece, Blur, Johnston Press, Mosman Oil & Gas (0p here we come) and Armadale Capital.
3211 days ago
Sorry to go back to the national Living wage of that twat George Osborne but the piffle spouted by its supporters grows by the day. Businesses paying £7.50 an hour are not subsidised by the State. I give you the real maths, the maths on why Osborne's measure makes the working poor worse off and why he has done this and what he should have done. I am such an angry capitalist I really am thinking of packing it all in. This country no longer deserves entrepreneurs.
3213 days ago
Once again IT issues in Greece delay this podcast. I start by explianing why the reaction of Paul Scott and the craven deadwood press to the new national living wage proposed by George Osborne displays 100% economic illiteracy. It is simply a transfer of wealth from business to the State, the poor will gain nothing. Then onto defending David Lenigas and Andrew Bell from some of the sillier comments made by some folk and to explain why flip flop Ben Turney is again wrong on New World Oil & Gas. hats off to Paul Curtis for the silliest remark of the day as I stck the boot into Gulf Keystone and then also to the prep, pump and dump at Beowulf Mining. And finally I have another go at biotech dog ValiRx.
And fear not Champagne Charlie Gibson fans, I had not forgotten about you. Just a reminder of why the Edison analyst is a convicted felon HERE and as a bonus a reminder of how it is not only the poor he screws HERE - and a reminder of why I feel the urge to remind you all HERE
3233 days ago
In this week's postcard I ask can someone in a wheelchair jump queues as of right - this is based on an incident at 1.35 AM at Bristol Temple Meads last night. Then it is onto jihadis on UK welfare and what that says about welfare and finally to answer a few points made by my pal Paul Scott I explain why I believe in gun ownership
3241 days ago
A pot pouri of a podcast today starting with the pronounciation pedant, the great Paul Scott. Then onto a cracking Zero Hedge article on how we should have treated the banksters in 2008 - we should have followed Iceland. Then on to Greece, Octagonal, Trap Oil, Nyota, Sefton, Afren, Alba Minerals, Monitise, Power Capital Global and Windar Photonics.
3258 days ago
Today's main podcast covers Tungsten, Plus500 (sorry Paul you are wrong), Coms, Mosman Oil & Gas,Gate Ventures and Blur Group. Apparently it is also a work anniversary - 3 years away from Rivington. A pause for a moment's thought.
Postscript - Plus500 now suspended pending an announcement
3291 days ago
And now we turn to value investing with Paul Scott ( the UK's top share blogger), Clem Chambers, Paul Jourdan of Amati (top fund manager, BTW), Nigel Wray (Britain's Buffett) and myself. All five of us are already booked in for the 2016 show albeit in different combinations and bringing in a new guest.
3295 days ago
In this podcast I look back at some of the themes and highlights (for me) of UK Investor Show 2015. The hall was packed and I hope that folks all had fun. There are some pictures of the day HERE and to order tickets on an early bird 50% discount for April 16 2016 click HERE and there is a last chance to win a holday at the Greek Hovel HERE. Among the highlights for me were the Horse Hill panel, Ben Edelman on blinkx which was damming, the bears on Tungsten which was also pretty damming but the buy ideas from Mark Slater, Paul Scott and Paul Jourdan. Luke Johnson was a cracking performer and I think I wasnot too bad either. Anyhow, I reflect on yesterday.
3318 days ago
News of new speakers at the UK Investor Show including legendary fund manager Mark Slater has seen a surge in demand for seats for the show of the year on April 18. There are now fewer than 100 of the 2000 seats left for grabs so if you want to attend book your seat now at www.UKInvestorShow.com
I will be doing three or four talks on the day. One with the bears (Evil Knievil, Matt Earl, Kevin Ashton) and one with the value investors (Nigel Wray, Paul Jourdan and Paul Scott) both on the main stage. I have a side room presentation on Sefton where I name some names who need investigation and then a main stage Sheriff slot with Amanda Van Dyke and Malcolm Stacey.
There are also main stage presentations by:
*Luke Johnson of Pizza Express, C4 and The Sunday Times on why City research is so useless and who are the new regulators
*Saved Javid MP on taking the City and business forward
*Ben Edelman with more bad news for blinks and other shocks from the Web Sheriff
*Ed Croft of Stockopedia on stock picking to make money with Thierry Laduguie and Chris Bailey
*Tech stars Stephen Streater, Lorne Daniel, Jason Drummond and Paul Kavanagh on making money in tech
*Amanda van Dyke and David Lenigas lead a session on making Money from resource stocks
To book your tickets go to www.UKInvestorShow.com
There are also 14 special 1 hour analysts sessions on topics ranging from shells (Adam Reynolds) to mining ( Amanda again), to biotech (Steve Moore) and tech (Lorne Daniel again).
And there are 110 PLC stands with 70 of the PLCs also doing 20 minute presentations on the day.
And 25 of the UK’s top share bloggers will be taking it in turn to man the Bloggers café where you can chat informally to any of them
This will be my best and most controversial show ever and that is why there are now fewer than 100 of the 2000 tickets still going. All 2000 tickets will be sent out next week so to book yours go now to www.UKinvestorshow
3338 days ago
The final gold tickets went last week. There are now fewer than 500 of the 2000 £12 investor class seats left for the show of the year and at current rates they will be gone within weeks so book your seats TODAY for UK Investor Show 2015 and here are 5 reasons why – you can book HERE.
1. The main stage line up is awesome. Starting at 9 AM with Sajid Javid MP it moves on to take in 45 speakers including: Mark Slater, Luke Johnson, Paul Scott, Ed Croft, Evil Knievil, Chris Bailey, Paul Kavanagh, Lucian Miers, Kevin Ashton, Matt Earl, Tom Winnifrith (me), Dave Lenigas, Nigel Wray, Nigel Somerville, Ben Turney, Amanda Van Dyke, Thierry Laduguie, Paul Jourdan, Richard Poulden, Clem Chambers, Charlotte Argylle, Dominic Frisby, Lorne Daniel, etc ending up with Ben Edelman to close the show.
2. More than
3345 days ago
I was struck by something Paul Scott write the other day and in this podcast I ask first if there is anything interesting to do in Rye and then ponder how I will get up to the snowfields tomorrow. I then move onto explain why there will be far more 0ps in 2015 than there were in 2014.
3346 days ago
Supporters of Quindell (QPP) and even Paul Scott – a neutral – have taken comfort from the fact that the MD of Slater & Gordon has said that there is nothing wrong with the QLS business model and take that forward to argue that a 0p target for the shares is unrealistic. Here is why they are wrong.
3347 days ago
On today's podcast I try to maintain a sexy voice as I discuss Tungsten, Paul Scott, Coms, Gulf Keystone, Digital Barrier and lifting a bag of fertiliser as well as the reappearance of TomWinnifrith.com
3355 days ago
Shame on Paul Scott and other folks for thinking Greece was hot in winter. It is freezing. In this podcast I cover the actuality of snowfall in Greece and a few stories of my father, my Great Uncle David Cochrane and my own travels - including today's trek from Athens to the Greek Hovel - in Greece.
The map below might assist you in following what I am talking about.
3390 days ago
Again I am a little late with today's podcast. Back to normal in Bristol on Friday but I have an excuse. On the agenda today, Touchstone Gold and crony capitalist Steve Berry, equity valuations, Alecto, Northern Petroleum, oil prices, IGAS ( happy anniversary to Andrew "Piggy Austin" ahead of tomorrow), Optimal Payments, LGO Energy, Enteq Upstream and Paul Scott.
3394 days ago
I have not picked a fight with anyone for a week or so but as its my Birthday tomorrow I thought I’d treat myself and have a go at Roger Lawson of ShareSoc as he has written a piece today that is mean spirited in omission if not content. Journalists like fights and I have been goaded.
Lawson gives all the credit for the Naibu kill to my pal Paul Scott. Paul has done great stuff on Naibu and I praise him for it. But with respect it was I who exposed the criminal past of Naibu’s CEO, I who raised Naibu’s profile at its AGM, I who discredited the tawdry research on Naibu by Daniel Stewart and I think that I should get some credit for my work on Fuijian frauds generally. It was I who first openly accused Naibu in print of being a fraud and oft repeated that charge. Just search this website. The omission by Lawson is deliberate.
Lawson and I fell out big time over blinkx (BLNX). He wrote
3401 days ago
To lose one director in December is unfortunate but to lose two looks like carelessness but that is what Volex (VLX) managed, parting company with its FD after just 18 months in the job and with a well-respected NED – with immediate effect - on New Year’s eve. The truth is that this is just not a very good company - my pal Paul Scott put it more succinctly the other day in an enthusiastic daily Stockopedia report. At 70.5p, capitalised at £64 million it is a slam dunk sell.
3403 days ago
Leopards do not change their spots. In this podcast I look at the omnishambles which is the fraud Quindell, at Tern (the Deputy is going to get you Mr Angus Forrest!), at Motive TV ( I am going to get you) and at Peter Landau and Black Mountain - I am going to get you Pete Landau. There are also more words of praise for the one and only Paul Scott.
3420 days ago
I can reveal exclusively that bear raider Evil Knievil has traded X-factor badly wrong taking dreadful advice from top share blogger Paul Scott.
3436 days ago
Tomorrow I will be calling rock stars from across the bear community as we need to think of those less fortunate than ourselves. It is time to record our charity single… Feed the Morons. The message has gone out to Gotham City, Evil Knievil, Paul Scott, Lucian Miers, Paddington Bear, Matt Earl, John Hempton of Bronte, Sam Antar, Muddy Waters, Citron Research, Nigel Somerville, A Huntsman, Dan McCrum, Paul Murphy, Pizza hardman Darren Atwater, Cockney Rebel and Kevin Ashton. We gather tomorrow in Clerkenwell to raise money for those facing a bleak Christmas, Quindell staff and shareholders as we record Feed the Morons, Do they know it’s Christmas?.
Apologies to Midge & Bob but here we go..
3463 days ago
To great excitement another Quenron (QPP) director stepped up to the plate and bought shares on Friday – Robert Bright snapped up 100,000 shares. Well done Bob, in the context of your wealth…this means jackshit.
Bob’s trading record in Quenron is not that hot. This purchase was at 131.5p. The last one was at 300p and the one before that was at c250p. So anyone following the purchases is not exactly quids in. Bright has made a fortune in a 35 year City career at HSBC and elsewhere and so his £40,000 NED salary at Quenron is chickenfeed as is his total holding of 225,040 shares.
If the Quenron board really believed that on a forecast 2015 PE of 1.3 this stock was cheap, that it was worth £3.5 billion as fraudster Rob Terry claims it would collectively be buying of millions of shares. And it would not do so at one director a day just to generate PR it would all have ploughed in after the most recent (laughable) trading statement. This is all PR hogwash. At this point I hand over to a post I noticed by the UK’s top share blogger Paul Scott:
3466 days ago
In the interests of balance I bring you a buy note on Quindell (QPP) today. “Analyst” A. Noone at commissioned researcher GECR reckons that the shares are a buy (no change of stance) with a 655p target. He is of course talking utter bollocks. Commissioned research means that the company pays for the hogwash so oddly enough the note does not tackle issues of accounting fraud, lying to investors, how the Q3 cashflow and cash numbers were “bodged” etc. To quote the UK’s top share blogger Paul Scott:
3467 days ago
As you know I regard Paul Scott as the UK’s top share blogger. Not only is his analysis top notch but his turn of phrase is excellent. And he’s a nice guy as a bonus. As such I bring you a short post he made earlier on Quenron (QPP) and its joke interview with Shares Magazine. Top stuff Paul!
3476 days ago
I know that every time that I praise him, Paul Scott gets a shedload of abuse from Bulletin Board Morons but heck it is hard being just right so often, as we both know. Paul is without doubt one of the most perceptive writers on shares going and as such ignore him at your peril. And he has just produced his latest “bargepole list.” Ho ho ho, this will not win him any friends in the Bulletin Board Moron Community.
These are the shares Paul would not touch with a bargepole. And he explains why. The table is pretty much self-explanatory. And all pretty much makes sense to me. And guess which POS on the AIM casino is top of the list. Yes…it’s Quenron (QPP). I have
3506 days ago
It was only the other day that a Bulletin Board Moron owning shares in Naibu (NBU) referred to me as Winnifraud, accusing me of making it all up. Hey presto come Friday there were dire interims and t is clear that it is not me that is the Norfolk and the moron saw his investment slump in value by another 40%. Worse is to come as I shall reveal later today. But this follows the same pattern as we have seen with Range Resources, Sefton, Vialogy, Globo, Quindell, Iofina, blinkx, Gulf Keystone, Outsourcery etc. etc. Folks like myself and Paul Scott, the great share blogger, point out obvious reasons to sell and all we get is abuse. Paul posted this on ShareProphets yesterday re Naibu
3506 days ago
I have noted before how I regard Paul Scott as the UK’s top share blogger. A trained accountant his judgement is, nearly, always bang on the money. And he is a nice chap although his recent Greek travel exploits seem a bit wishy washy to me – next time Paul fewer whinges about mosquitoes and tweets about cocktails, more frigana cutting! Anyhow, he posted a comment on Quindell (QPP) yesterday which is bang on the money and reads:
3560 days ago
This is a truly brilliant spreadsheet from Paul Scott, the person I rate as the UK’s top share blogger and an all-round nice guy to boot. In saying all round this is not a reference to his figure although…. Paul does not write for this site and is fiercely independent in his views but he has graciously allowed me to publish this anyway. And so especially for followers of Quindell (QPP), Globo (GBO), Outsourcery (OUT) and a good few others…
3597 days ago
This just looks all wrong. Even based on the numbers in the latest paid for PR piffle (I mean in-depth research note) from Edison, shares in Volex (VLX) are at 80p ludicrously overvalued. The very odd behaviour of the directors makes this smell even worse.
My pal Paul Scott has noted for a while that Volex commissions all sorts of research from folks like Edison and GE&CR urging mug punters to buy and that the research really is very fourth rate. Anyone who had followed the advice of the prostitutes of the analyst’s world (give us the money and we will say BUY) would have lost out. The company is right now half way through a $32 million rescue placing and open offer.
The placing is underwritten but the directors seem keen that the open offer at 75p is taken up. And so we have seen a raft of directors proud to announce to the market in recent days that they have bought shares at 80p and above. WTF?
3651 days ago
It is now a day less than a year until the 2015 UK Investor Show but following the smash success of the sell-out 2014 show, the UK's leading investor show is already able to announce the first 31 speakers who have agreed to appear in 2015! And there are 27 more names to reveal as the show moves up into superdrive
Our new speakers are Matt Lofgran of Nostra Terra and Matt Suttcliffe of Alaxander Mining and they join on stage Nigel Wray, Evil Knievil, myself (Tom Winnifrith), Clem Chambers, Vin Murria, Ben Edelman, Paul Scott, Lucian Miers, Steve Moore, Robert Sutherland Smith, Cathal Friel, Andrew Bell, Marcus Hanke, Amanda Van Dyke, Matt Earl, Thierry Laduguie and..
NEW For 2015: Charlotte Argyle, Ben Turney, Jason Drummond, Cassandra Harris and BrokerMan Daniel
Some failing shows manage only a handful of speakers but UK Investor Show delivers both changes each year AND the big names. Over the coming weeks we will announce more big name speakers as we plan an increased number of sessions as we take on more floor space. Brace yourself for a 50 speaker show!
And
3666 days ago
It is still just over a year until the 2015 UK Investor Show but following the smash success of the sell-out 2014 show, the UK's leading investor show is already able to announce the first 21 speakers who have agreed to appear in 2015!
They are: Nigel Wray, Evil Knievil, myself (Tom Winnifrith), Clem Chambers, Vin Murria, Ben Edelman, Paul Scott, Lucian Miers, Steve Moore, Robert Sutherland Smith, Cathal Friel, Andrew Bell, Marcus Hanke, Amanda Van Dyke, Matt Earl, Thierry Laduguie and..
NEW For 2015: Charlotte Argyle, Ben Turney, Jason Drummond, Dominic Picarda and BrokerMan Daniel
Some failing shows manage only a handful of speakers but UK Investor Show delivers both changes each year AND the big names. Over the coming weeks we will announce more big name speakers as we plan an increased number of sessions as we take on more floor space. Brace yourself for a 50 speaker show!
And there will also be 110 stands for PLCs to exhibit and present from. Already we are almost 20% booked out and we will start announcing those exhibiting very soon.
There are two classes of tickets:
A Golden Ticket guarantees you a front three row seat in any of the days 110 sessions plus a pass to the after show party with CEOs, speakers and journalists. It costs £60 (inc VAT)
An Investor class ticket gains access to any session at the show and costs £12 including VAT.
BUT you can buy either type of ticket with a 50% early bird discount if you book NOW. You can buy your early bird tickets HERE
3672 days ago
The UK Investor Show 2014 yesterday was a sell-out show which attendees seem universally to have enjoyed. The 90 growth companies attending say that they enjoyed engaging with some quite spirited investors and everyone had a ball. For me the highlights were:
1. Making the Queen of Tech, Vin Murria laugh not once but twice on stage. That should be a career high to retire on. I found her session with CEOs Stephen Streater, John Wisbey and Marcus Hanke utterly riveting.
2. Value investing with Nigel Wray, Ed Croft, Paul Kavanagh and Chris Bailey really was very different to what we have done before in this area. All were smooth, self-deprecating but really insightful.
3. In the shareholder activism session Paul Scott & Roger Lawson did not hold back while our “ordinary investors” Nigel and Richard showed how anyone can make a difference on the AIM Cesspit.
4. Amanda van Dyke’s legs in the mining session. The Goddess was in fire. In fact that whole session was again illuminating with Amanda showing she is a hell of a lot more than a pretty face and Dom Frisby letting tip in a way that makes me think he should join shareholder activism next year. Should I tip a gold stock or two? On balance not yet.
5. Ben Edelman was a real showman but also a geek who knows his stuff. I really wish Blinkx had taken up my offer to respond to Ben as he made some really massive points.
6. The bears seemed united on Globo. We had laughs all the way but Matt Earl, Lucian Miers and Evil also made some very valid points.
7. The after show party for speakers and gold ticket holders. The winner of the financial celebrity make a pizza competition was Ed Croft followed by Paul Scott (but he cheated with his training in Domino’s). Sandra Spencer…don’t give up your day job. Paul Scott has tweeted that I was a “charming” person. I shall be consulting my lawyer
3702 days ago
5 Star rated (by me) share blogging supremo Paul Scott posted a comment at the foot of my most recent humble offering on Globo (GBO) which is frankly far better than the piece itself. In it he explains why he has added to his short in Globo. I think this merits a wider audience and so republish the comment as an article.
Even a few months ago if Paul or I commented on Globo adversely the Bulletin Board Morons (Globoista Brigade) would have poured on the abuse. But I sense that while die-hards who will remain loyal to the cause to the bitter end remain, their ranks are thinning. And after last week they are thinning fast. This argument is almost won and I would also regard this as a slam dunk short. Enough of me.over to the maestro. Paul writes:
3718 days ago
I realise that AIM Listed mobile banking technology group Monitise (MONI) is a Bulletin Board darling and so penning this piece will generate heaps of abuse for me (plus ca change). I am prepared to accept that this is a fine company but surely a £1.15 billion valuation at 70p is quite simply insane?
A hat tip to the great Paul Scott for flagging this up. His initial comments have prompted further thinking on my part. As such, following its interims yesterday I offer up a few red flags which make me thing this is a screaming short.
3820 days ago
Greed, as I argued at the weekend, is good. I believe in capitalism in its purest form. But AIM is not pure capitalism it is crony capitalism, a mechanism for transferring wealth from the many (that will be you reading this piece, private investors) to the few.
I was chatting to Paul Scott on this matter earlier. He used the phrase Cannon Fodder to describe how some in the City view private investors. He is kind. I would say most in the City view we mere plebs in this way.
The fact is that 80% of companies on AIM will never, ever generate a cent of free cashflow.
3820 days ago
Paul Scott is very much an independent thinker – he is his own man. No doubt some Bulletin Board Morons reckon that anyone who is shorting Globo (GBO) is all part of some wicked plot involving the usual suspects: Cawkwell, Miers, Earl, Winnifrith, the late Saddam Hussein, etc. Au contraire, it is just that any sentient being knows this is going down.
4182 days ago
Paul Scott is a smart investor and a good battler against boards which take the piss. Looming in his sights now is AIM listed property developer Inland (LSE:INL). The issue is boardroom pay versus shareholder return. And Scott is not wrong here. Inland is a good company but its directors Stephen Wicks and Nish Malde clearly have interests that are not aligned with those of shareholders. Let battle commence.
