1456 days ago
Tomorrow, Burtons, Top Shop, Evans and Miss Selfridge will go into administration. Debenhams is on the brink. There will be many more retail casualties. No retailer is doing well. But Tory twit Robert Jenrick MP tweets a different message below. Words fail me.
1695 days ago
I start with a swipe at the failings of the deadwood press and the behaviour of the soccer Premier League. More on the former in a podcast on my own website later this weekend – a promise for comrade Euro Loon Jonathan Price. Then a look at Debenhams whose demise I regard as a silver lining from the Covid 19 cloud. I think Zombie firms should all perrish. But the main part of this podcast looks at Executive Greed and with firms asking either investors or the taxpayers for a bailout now is an ideal time to lance this boil.
2055 days ago
Yes we have exchanged at both ends and will move next Monday to the Grim North. And the good news is that the cost of that move is on you, the grateful taxpayer. I explain all before looking at Debenhams (DEB), Sosandar (SOS), Concepta (CPT) and 7Digital (7DIG). PS Why not join the roll call of heros today HERE.
2067 days ago
Look I am serious. Start donating to Rogue Bloggers for Woodlarks HERE or I will show a photo of Dan Levi's underpants after his latest training walk which caused sores in places you do not want to think about. On the markets I look at Goals Soccer Centres (GOAL), UK Oil & Gas (UKOG), Mirriad (MIRI), Debenhams (DEB), Optibiotix (OPTI), and Online Blockchain (OBC).
2073 days ago
In today's bearcast I look at the almost certain death of Debenhams (DEB) and the wider issues in retail. Then I engage in some very detailed Neil Woodford number crunching as we unearth evidence of the severity of his liquidity crisis. If you enjoyed this, almost, profanity free bearcast, follow a bloke from the Grim North who donated enough to buy a whole house in the welfare safari and support the Rogue Bloggers for Woodlarks HERE.
2077 days ago
I start with a soddy attempt by spivs at Atlantic capital to secure new customers to fleece with thir crap CFD advice - c/o ADVFN a report on IQE (IQE). I explian why it is shite. Then I turn to allegations that Debenhams (DEB) and Domino's Pizza (DOM) issued RNS statements that were somewhere between misleading and untrue. I have sympathy with one of the accused but none for the other. If you enjoyed this, I think, profanity free bearcast, follow a bloke from the Grim North who donated enough to buy a whole house in the welfare safari and support the Rogue Bloggers for Woodlarks HERE.
2091 days ago
I cover WH Ireland (WHI) and the crisis engulfing the small cap world in a serperate bearcast HERE but touch on its downfall in the main bearcast. I look at Mirriad (MIRI) which needs to fess up as to how much cash has not yet been spunked, Rose Petroleum (ROSE) and insolvent Cabot (CAB) and the panic sells created by the demise of City Financial Investments, the bid for Independent Oil & Gas (IOG) and at Debenhams (DEB) where the worst is yet to come. If you enjoyed this bearcast, follow Jim Mellon and support the Rogue Bloggers for Woodlarks HERE.
2111 days ago
In this podcast I look again at Chris Akers, that tweet and Sabien (SNT). I look at Plus 500 (PLUS, Debenhams (DEB) and at UK Oil & Gas (UKOG).
2141 days ago
Well so much for a slow housing market! It looks as if it is full steam ahead on a move to the Grim North! Away from that, in today's podcast I look at Revolution Bars (RBG), Photonstar Led (PSL), Debenhams (DEB), Flybe (FLYB), Gear4Music (G4M) and Goals Soccer Centres (GOAL). And I commend to you Gary's fine piece on Eqtec (EQT).
2145 days ago
In today's podcast I look at Brighton Pier (PIER) in some detail and am almost tempted to make a small speculative punt on my pal Luke Johnson. I look at Debenhams (DEB) and Marks & Spencer (MKS) and at Imaginatik (IMTK). Finally I have a few questions ( again) about Wey Education (WEY). Oh. There is also a sexist joke in there and if you are offended I really don't give a damn.
2189 days ago
Okay, he is a conceited, overpaid, arrogant mother so I don't really feel sorry for him but I explain his appalling problem at doomed RM2 (RM2). I also look at Inspirit (INSP), Sabien (SNT) and Tomco (TOM) all three of which should be taken out and shot as their sole purpose on the AIM Casino is as a funder for the coke and hookers used by crony capitalists in the City. I explain a flaw (or two) in Malcolm's thesis today as I look at three retailers in trouble: Marks & Spencer (MKS), Debenhams (DEB) and Mothercare (MTC).
2202 days ago
I start with that upon which we are all surely agreed. Theresa May's Brexit deal is awful, she has acted treasonously towards Ulster and she must go now. Then it seems that Wildes and I agree on one aspect of news from Falanx (FLX) - I discuss its news today. I move on to Totally (TLY), Debenhams (DEB), BCA Marketplace (BCA), Johnston Press (JPR), Purplebricks (PURP) and First Derivatives (FDP)
2222 days ago
In today's podcast I look at Purplebricks (PURP) and whether Neil Woodford is going nutso, Tesla (TSLA), RPS Group (RPS), Debenhams (DEB) and Feedback (FDBK)
2226 days ago
In my main bearcast I divide my time equally between Debenhams (DEB) which is, as I explain, a zero in waiting and Wishbone Gold (WSBN) which most certainly is not. But it has been a dire share tip, which I explain in full. As a shareholder myself I share the pain but explain why it really is time to average down, which I have.
2266 days ago
After a share price slump yesterday on media speculation of widespread store closures and other nasties, Debenhams (DEB) has had to put out a trading statement and its use of language shows evil PR spinners Brunswick earning their fat fees as they do Satan’s work, dressing up a profits warning as nothing of the sort.
2267 days ago
In today's bearcast I look at Vela (VELA), Debenhams (DEB), Nakama (NAK) and why Malcolm Stacey's bullishness on the house builders is a sign of madness, I think I need to send the old boy on a holiday to reflect. Yields of 8%, 9% and 10% for a sector tell you that what lies ahead is very bad news indeed, including, almost certainly, dividend cuts.
2516 days ago
In today's bearcast I look firstly at Debenhams (DEB) and its Christmas trading statement/profits warning. I do not believe what it says on cost cutting going forward and explain why. I do not believe its profits guidance for 2018 either and as such even on an apparent 2018 PE of 7 it is a sell. I also look at Ethernity Networks (ENET) - six months from IPO to shock profits warning, what a disgrace and at Be Heard (BHRD) which forgets that sales are vanity...
2521 days ago
The Boxing Day high street sales data was poor but what does this one set of data mean? There are bigger macro trends which should fill retailers with fear, I discuss Patisserie Valerie (CAKE), Debenhams (DEB), Mothercare (MTC) and Fishing Republic (FISH) , three of four of which will go bust.
2549 days ago
I am asked if any member of the Global Shorting Conspiracy has a view on Debenhams (DEB). The answer, as it happens, is no. However...
3263 days ago
I commented in a recent Bearcast that Director's options should be set at a price so as to reward success not failure, and to align Directors' interests with shareholders. Recently we have seen Debenhams reset Directors' option exercise prices downwards so that they can still be achieved despite failure and a crashing share price. But this trick goes way back, and no-one is better at this 'move-the-goalposts' approach to performance management than Jabba The Hutt, David Lenigas.
3603 days ago
I start this podcast with a correction regarding yesterday's Bearcast and Rapid Cloud (but it is still a sell!). I then move on to Shaft Sinkers, Beacon Hill Resources, Quindell, Alexander Mining, Debenhams and Charlemagne Capital. The Beacon Hill hairdresser revelations referred to appeared HERE
