Peter Hill

94 days ago

UPDATED: Ouzo time: Peter Hill and Global Petroleum – a champion fat cat value destroyer: is the gravy train, finally, on the rocks as Panmure tries 0.045p bailout

On 13 October 2014 I wrote a piece: “Peter Hill (MA Oxon) of Global Petroleum – a case study in AIM casino piggery”. Global (GBP) shares were then 3.5p down from 12p three years prior when Hill took over. Hill has trousered millions since then and the shares are now just 0.0675p and that could well be 0.0675p too high for there is a horrible warning today.

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3480 days ago

Peter Hill (MA Oxon) of Global Petroleum – a case study in AIM casino piggery

And this is why the AIM casino is such a farce. The interests of fat cat directors are simply not aligned with those of the owners of far too many companies, that is to say mug punter shareholders.  Maybe they cannot be arsed to read Annual Reports but they should and they should be revolted and revolt. Meet Peter Hill, the CEO of casino listed Global Petroleum (GBP).

Peter Hill (MA Oxon) joined in September 2011 when the share price was just over 12p. Before I turn to what happens next I am always instinctively hostile to those who put the words MA Oxon after their names as Mr Hill does everywhere. I went to Oxford too, but it is just another university. Why tag it on to everything? And while we are about it please do not think that Mr Hill has worked to gain a masters. Like me he graduated with a BA. However at Oxford you can after a few years go back and pay a tenner and go through another daft ceremony to get an MA. At other universities you study to get an MA. At Oxford you buy one for a tenner. It is typical of the conceit of the place.

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