3094 days ago
Oh dear, as if life were not bad enough for Big Dave Lenigas after LGO Energy’s appearance on the front page of the Sunday Sun today, now comes news that shareholders in ISDX train wreck IPO Lenigas Cuba (CUBA) want their dosh back.
3108 days ago
I tipped shares in Lombard Risk Management (LRM) but cut (very small) losses at 11p when founder John Wisbey was ousted and replaced at the helm by Phil “InterX” Crawford. That company train wrecked with Crawford at the helm back in 2001 and interims last week from Lombard suggest that Crawford is going for a repeat performance at Lombard.
3564 days ago
On 27th June, AIM listed Outsourcery (OUT) announced that it was holding a “Capital Markets Day.” Hmmm, this is an £12 million capitalised AIM listed POS with pretensions is it not? The company started with a raft of positive guff but then – if you had not fallen asleep and got to the bottom of the release – found that it was admitting that it was a year behind schedule and needs to raise cash this year to keep going. Now even prostitute researcher Edison is sticking the boot in – what it says and what management says look very different to me. Why would anyone refinance this train wreck?
The company describes itself thus: Outsourcery operates a highly disruptive business model as cloud-services increasingly remove the need for organisations of all sizes to consume co-location, managed services or small, purpose built private clouds.
Hmmmm all the right buzzwords in there (managed services, cloud, disruptive – a bonus for that one). Surely a sell signal.
Outsourcery said
3644 days ago
This is a train wreck. At 170p Mothercare (MTC) is capitalised at £150 million. But this company is essentially worthless – just look at its balance sheet. My target price is 0.01p and I am being generous because I am in a good mood.
Yesterday Mothercare issued a statement which reads:
