3791 days ago
"S. Brian Mukherjee, Ed Bridges at FTI, ultra-thick hackette Harriet Denys, Citi Group, Numis Securities, Richard Eaton of bullyboy lawyer Twobirds, Roger Lawson--we have beaten them all. We have beaten them all. S. Brian Mukherjee can you hear me? S. Brian Mukherjee, I have a message for you in the middle of the share price collapse. I have a message for you: We have been 100% vindicated on your POS stock. S. Brian Mukherjee, as they say in your language in the boxing bars around Madison Square Garden in New York: Your boys took a hell of a beating! Your boys took a hell of a beating." Yes blinkx (BLNX) has served up a disastrous profits warning.
3864 days ago
Iofina (IOF) has today served up a gushing set of results. Everything is up, all looks fabbo, there is no need to raise fresh capital to carry out its “core” business plan, and the directors are confident and say the company is a going concern. What complete and utter bollocks.
I note that it says the full accounts (which will show the nasties) are available on its website. They are, at 7.15 AM, not available on its website.
I note that at December 31 cash stood at $8.268 million. As at March 31st it stood at $2.3 million. In other words Iofina sent c$2 million to money heaven in each of the first three months of 2014. Trade payables at December 31st were c $1.1 million greater than trade payables.
This maybe beyond the scope of analysts at Numis Securities but my cat can do the maths on that one. Surely even the average bulletin board moron can also do his or her sums.
The statement about having the funds
3866 days ago
Oh dear, oh dear… I have warned you numerous times to sell shares in AIM Cesspit listed Iofina (IOF) because it was burning cash and set to run out this spring and today the company has finally fessed up and admitted that I was right all along. The shares have collapsed by 56% to just 24.5p. So Numis (who reckoned a month ago that the shares were worth 156p) how much do you pay the analyst who served up that crap? Give my cat his job instead!
I have been warning about Iofina for more than a year and each time the Bulletin Board Morons responded with:
a) general abuse directed at me
b) claims that I did not understand the Iodine industry
c) references to Numis buy notes with 156p targets.
It is clear that those buy notes were not fit for use as loo paper. It might now dawn on the Bulletin Board moron
3893 days ago
Heck it is on twitter so it must be true. Apparently following an exchange of comments about Tom’s piece earlier today on POS stock Iofina (HERE) the headhunters have been instructed to approach Oakley (pictured below).
Oakley is the one on the right. Tara still thinks that if you slash forecasts you keep the target price unchanged so she should not be an analyst should she?
Does a new career as an analyst covering junk AIM stocks such as Iofina beckon for Oakley? Well at least he understands that if forecasts are changed then by definition the valuation of a stock must change. You don’t need to be FCA regulated to get that do you? Even if tara and certain others have not worked it out yet.
The tweet which unearthed this surprising news is below:
BREAKING NEWS: @TomWinnifrith's cat headhunted by broker Numis Securities
