494 days ago
The bounceback loan scheme of the then chancellor Rishi Sunak was meant to help small businesses suffering a covid hit to get access to funding to see them through. As we taxpayers face the highest tax hit in 70 years let’s look at one worthy recipient, Mark Warde-Norbury, speaking to us from the stately home at Hooton Pagnell which has been in the family since 1704. Mark runs Marechale (MAC) a sub scale investment bank which snuck interims out just before lunchtime, allowing mark time to shoot some wildlife and thrash a few peasants before he speaks to the great unwashed.
939 days ago
I sart with the unhappy young man. Actually he is in his 40s. But it is a tale which, I suspect, is being replicated across the UK. It will trigger abrain drain as we go back to the 1970s. Then I discuss the scumbags at Abingdon Health (ABDX) screwing PIs ahead of an inevitable placing, I ask when Sosandar (SOS) will warn as it surely must, I look at share trades in the fraud Chill Brands (CHLL) and what they mean and then ask what the xxxx (Matthew & dog please insert word) Luke Johnson is doing investing in the lifestyle business run by the upper class twit of the year that is Marechale Capital (MAC). I am sure it will do better as an investment than Patisserie Holdings (CAKE) but not that much better.
968 days ago
I start by looking at a new normal and justifying a £50 million valuation. Then there is a look at the most almighty spoof from Marechale Capital (MAC) run by upper class twit Marke Warde-Norbury. How on earth did Nomad Cairn Financial sign off on this bollocks announcement regarding Weardale Lithium? Thirty seconds at Companies house shows what a farce this all is as I explain in full detail.
984 days ago
This is even funnier than when Henry Fotheringham-Stanley tripped over his polo stick and landed in the lap of the Duchess of Westmoreland. Spiffing chaps like Mark Warde-Norbury, the upper class twit chairman of joke corporate advisory firm Marechale Capital (MAC), do know how to have a jolly amusing time don’t they? Marechale has announced its results for the year to 30 April. Oh, I say, what a hoot.
1110 days ago
I have already noted that today’s lack of profits & sales warning, oops I meant to say trading update, crafted by the fraud specialist and all round morally bankrupt upper class twit and journalist smearing arsehole Henry Harrison Topham is a total shocker. But here is another glaring deceit that Nick Harriss of Allenby, a man I thought had principle, seems happy to have signed off on.
1153 days ago
Marchale Capital (MAC), the subscale loss-making merchant bank run by upper-class twit Mark “not very nice but dim” Warde Norbury from his family stately home, was last month’s Akers ramp. But now its shares are collapsing as the great spoofer has fessed that he is bailing. I noted in bearcast yesterday that this would happen and that I had repeatedly told y’all.
1384 days ago
Last week I published a detailed dossier on Manolete (MANO) explaining why the shares, then 515p, were worth 80p. Today the company has published an attempted rebuttal which starts with upper class twit PR scumbags Instinctif trying to smear ShareProphets. The shares are off another 15p at 395p. The PR men may find smearing journalists almost as entertaining as mutual masturbation behind the bike sheds at Eton, but the markets are not convinced. I shall deal witrh that smear in bearcast later. First why the rebutall is so weak.
2430 days ago
Top City PR Man Julian Bosdet, a senior director of of slimey and evil spinners Abchurch - PR of choice to China frauds on AIM and employer of many a posh but dim upper class twit - is on unconditional bail as he attempts to wriggle off a charge of driving his Range Rover back to his Country pile while well over the limit. His defence is based on attacking the fine and honourable men and women of the Avon & Somerset Police.
3738 days ago
I had great fun choosing the artwork for our new wine and tapas bar Maribelle's at 91-95 Clerkenwell Road. It is all - occassionally at a bit of a tangent - Spanish themed. There is a Monty Pythong Spanish related poster (guess what) and so I picked up this Monty poster as well.
I am sure you remember the sketch but if not I bring it to you below. The one problem is that the chair is very, very relaxing and has become the place for my afternoon siesta. I gather that Darren already has a photo of my asleep underneath the poster. I meanwhile have one of an old Etonian AIM CEO in the same pose!
3747 days ago
20 miles down the road from me vast tracts of land are underwater. Flanked by the local MPs (a double barrelled Tory upper class twit nonentity and a beardy weirdie Lib Dem wearing wellies over his sandals), minister Owen Patterson visited this week. Yup, shake down the money tree the feckless rich are to be bailed out with your cash.
I am hard on those on welfare who talk of rights without taking any sense of personal responsibility. No-one dares level the same charge against the feckless rich of Somerset but here I go.
The odd household of the 500 or so cut off by water or flooded comprises born and bred locals who have been happily married to their cousin, sister or aunt for years. The vast majority are incomers who have bought privately, often paying an arm and a leg. This is not a place just anyone can afford to live in.
When they bought they were fully aware that once in fifty or a hundred years they would get flooded. But flooding is like tossing a coin. Your two floods in 50 years could come 50 years apart or (as is the case today) in consecutive years. That is the way of nature and the folks knew it when buying.
Would I like a lovely farmhouse next to a fish filled river on the Levels? Yes I would love it. But I would want to pay a stack less than I would for an equivalent property in the hills where I know that I will not be swimming in sewerage once every few decades. In other works you pay for what you get.
The folks on the levels might have bought in relatively cheaply because they took this into account. Or they might simply have overpaid. But it was THEIR call. Now they are demanding that the rest of Britain spends millions on dredging (unproven) and on installing mammoth new pumping systems so that when the next floods come (whether that be 2015 or 2065) they will not be affected. This will naturally make their properties worth more.
If the folks ignored the flood risks and overpaid they are feckless spongers if they now expect the rest of us to bail them out and add to the value of their homes. If they got in at a discount price accepting flood risk and now demand we bail them out so increasing the value of their homes they are also scroungers.
These folks need to accept that they must take financial responsibility for their own decisions and not get bailed out by the rest of us. The fact that the posh folk of the Levels would be the first to condemn the residents of Benefits Street - who also talk of "rights" without accepting personal responsibility for their own actions and decisions - makes me feel even less sympathy for them now.
The taxpayer has an obligation to open up roads by draining off water. After that the folks of the Levels have got to live with the consequences of their own economic choices and if that means going to stay with granny in Taunton until the waters subside so be it.
The hard pressed taxpayer has no obligation or responsibility to bail them out.
Of course no politician will dare say that. All three parties still believe in the Money Tree.’
