3805 days ago
I am afraid that the two free tickets for the AIM Cesspit dinner offered thirty minutes ago have both been snapped up. But you can still buy tickets for the dinner on June 30th in Clerkenwell for just £40. The evening includes a three course meal, half a litre of wine per person and talks by Evil Knievil, Lucian Miers and a few words from me. We will also be handing out the nine AIM Cesspit Trophies.
You can book your ticket and select your menu options HERE
And remember to vote in the Cesspit awards – you can do so HERE.
Best wishes
The Sheriff of AIM
3807 days ago
I return to the dual themes of free speech and the intolerance of the left when it comes to dissent in this week’s video postcard.
I have had to record early when too tired after Thursday’s Quindelliferous day in order that Darren can get away to celebrate his wedding anniversary. But the message should still be clear.
If you support free speech feel free to come along to the AIM Cesspit awards dinner at Real Man in Clerkenwell on 30th June with myself, Evil and Lucian. Tickets can be bought for £40 HERE
My weekly financial video postcard looks at the way that Quindell deals with the press and analysts. It is almost unparalleled in my 25 year career and it can be viewed HERE
3812 days ago
Not that I wish to influence your vote in any way but surely you must now have enough reasons to consider voting for Angus Forrest of Tern (TERN) in the “lifetime Achievement for value Destruction” category in the AIM Cesspit awards. But maybe you think there are stronger candidates.
3826 days ago
We give thanks to Comrade Somerville of the 1st Oxfordshire Regiment of the Peasants Army who has come up with a cracking idea for a ninth trophy to be awarded at the AIM Cesspit awards 2014 ceremony on June 30th “Advisor of the year”
This award will be decided by a Judges Posse headed up by the Sheriff of AIM and will be handed out to the Nomad, broker, lawyer or PR advisor which has done most to further the cause if crony capitalism on the Cesspit
3826 days ago
On Monday 30 June we will be handing out nine trophies in the 2014 AIM Cesspit awards. All those who have made the Aim Casino the crony capitalist den of iniquity that it is will be honoured.
There will be guest speakers present: Evil Knievil and Lucian Miers and everyone should have fun. No lawyers will be allowed to attend so you can say what you want.
The meal offered is a three course (pizza and pasta) offering featuring such delights as the Range Resources (RRL) pizza, a bit fishy and with very little oil.
Tickets for the event, which starts at 6 PM, cost £40 and that includes the three course meal, coffees and ½ litre of very drinkable French wine. Attendance is restricted by the size of The Real Man restaurant at 91-95 Clerkenwell Road, London EC1R 2BX and so book early to ensure you get a seat.
You can book your ticket and select your menu options HERE
3829 days ago
Nominations for the 2014 AIM Cesspit awards close at 7 AM on Friday so you have less than 24 hours to nominate for the six (of nine) categories which are voted on and can do so HERE. Already Pete Landau of Range Resources (RRL) looks to be widely supported in ALL categories. But we welcome other nominations. If you are stuck for ideas:
3831 days ago
So many to choose from and so little time to think – who am I nominating for these prestigious awards? Ultimately it is down to you, the investing public to vote on who wins, but for what it is worth my nominations have been:
*Entrepreneur of the year – investors vote on which AIM CEO or Executive Chairman has destroyed value most spectacularly in the past year.
Sean Nutley of Silverdell (SID) gets my vote.
*PLC Pig of the year* – investors can vote on which AIM CEO or Chairman was most grotesquely over-remunerated relative to performance
3834 days ago
It is time to highlight and celebrate the very worst of AIM with second annual AIM Cesspit awards sponsored by Shareprophets.com. At an awards ceremony and dinner in Clerkenwell on June 30th (Monday) compered by The Sheriff of AIM, real trophies will be presented to those who have helped make AIM the Cesspit it is and we will be entertained by guest speakers Lucian Miers and Evil Knievil. There are seven awards.
Two are objective mathematical awards and the rest are awards where the winners will be decided by the investing public. The Cesspit year runs from May 1st 2013 to May 1st 2014. The awards are:
3834 days ago
I apologise for looking scruffy. Actually I do not. Why should I dress up? I hope this video will be up before the Euro Election results are out – UKIP will, as I have predicted for ages, win.
In this I discuss the various reasons folks voted UKIP and why the political classes got the kicking they so richly deserve.
How will they respond? With more lies. UKIP will not win the next election by any stretch of the imagination. That is a 2 horse race. I won’t vote for them but I am almost glad they exist and I explain why.
My weekly financial video postcard covers sleaze on the AIM Cesspit and the launch of the 2014 AIM Cesspit awards. I very much hope that you watch it HERE
4167 days ago
The wine flowed freely at the awards dinner. So freely that my speed of writing today has been not even snail’s pace. Non-existent is the word. I found myself playing the straight man in talks by Lucian Miers and Evil Knievil which were funny and hard hitting. From the floor various CEOs and other types chipped in. The food, naturally, was superb…as you would expect at The Real Man Pizza Company.
4188 days ago
Vote now in the 2013 AIM Cesspit awards.
The trophies will be handed out on June 24th at a special dinner hosted by Evil Knievil and Lucian Miers which will also raise funds for the campaign to fight Sefton Resources as it attempts to stop its activities being exposed by using bully boy lawyers.
4200 days ago
You have just one day left to make your nominations for the 2013 AIM Cesspit awards, an annual celebration of everything this is worst about London’s junior market. So hurry, hurry, hurry. The point of these awards? Well there are a couple.
The first is that there are numerous awards where the “best” of AIM is celebrated. The market always wants to talk about its triumphs. The reality is that it tries not to discuss its failures and failings openly. It needs to. We all know that there are Nomads out there that will float any POS without, it appears, any regulatory sanction at all.
More importantly we all know that the vast majority of companies on AIM have delivered abject returns for investors. AIM constantly boasts about the amount of money it has raised for member companies. But so much of that money has gone to greedy directors who do not deliver, parasitic advisors or simply to money heaven as it is pissed away on duff projects. AIM needs to be reminded of that. If nothing else this is a chance for investors to vent some of their justifiable anger.
At an awards ceremony in late June, real trophies will be presented to those who have helped make AIM the Cesspit it is.
There are seven awards of which two are objective mathematical awards and the rest awards where the winners will be decided by the investing public. The Cesspit year runs from May 1st 2012 to May 1st 2013.
The awards are:
IPO of the year – an objective award for the IPO which moves most rapidly from IPO to suspended pending clarification.
The Darwin award – an objective award for the company that destroyed most market capitalisation in the 12 months prior to its shares being suspended pending clarification.
Entrepreneur of the year – investors vote on which AIM CEO has destroyed value most spectacularly in the past year.
PLC Pig of the year – investors can vote on which AIM CEO or Chairman was most grotesquely over-remunerated relative to performance. Hmmm…I wonder which Chairman whose first name begins with J I shall be nominating.
Cesspit lie of the year – investors vote on which RNS issued during the year by an AIM listed company was most misleading. Naturally the AIM regulation team appears to think that none have been misleading as there have been no public censures. But I am sure that you have sharper eyes than the regulators.
Cesspit deal of the year – investors vote on which merger or acquisition of the past year did the most to destroy value.
Cesspit entrepreneur of the year, the most coveted award, handed out to the man or woman whose over promotion of a stock, under-delivery and ability to destroy value has done most to contribute to making the Cesspit regarded as it is today.
To make your nominations for the five investor decided categories go HERE
We will close nominations at midnight tonight (Friday) and commence voting the following week ahead of an awards dinner on Monday 24th June to which all winners will be invited to attend or send a representative.
Tom Winnifrith is a journalist who enjoys writing about the Cesspit at the bottom of AIM. You can find more of his work at www.Shareprophets.com
