Richard Poulden

258 days ago

David Lenigas you old rogue: twitter ramping again

How is this for misleading tweets from David Lenigas and the new shysters in charge at Valereum Blockchain (VLRM). The new gang seem as bad as the old Richard Poulden crew.

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270 days ago

Worthless Valereum: shares unsuspended and the new board comes out swinging for Richard Poulden

Oh dear. Oh dear. Do you remember when the brown envelope man Zak Mir and penny share promoter Dave Lenigas debated whether Valereum Blockchain (VLRM) shares were worth 100p or 200p as they ramped ahead of a placing? Valereum now, finally, admits that the reason it could not buy the joke Gibraltar Stock Exchange is that it could not raise enough cash to satisfy regulators at the GFSC. That deal is off, the shares are unsuspended and have fallen to just 2p and the new board is now going after former boss Richard Poulden

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279 days ago

Valereum another body blow in Gibraltar, just shut this POS down

Shares in Aquis listed Valereum (VLRM) remain suspended on the Aquis lobster pot at just 3.85p. Founder Richard Poulden has scuttled away and the former rampers in chief David Lenigas and brown envelope man Zak Mir who told us the shares would hit either 100p or 200p have gone strangely silent. The company is technically insolvent. Today another body blow…

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304 days ago

BREAKING: More ouzo – its all gone horribly wrong at Richard Poulden/David Lenigas/ Zak Mir promote Valereum

Oh dear, oh dear. Do you remember when the Sith Lord Zak Mir was being pushed brown envelopes to say these shares were heading to 200p while David Lenigas said they were going to 100p repeatedly on twitter? Or was it the other way round. Anyhow that pumping allowed Richard Poulden, assisted by spoofery from London’s new Lord Mayor to do a placing at 64p. I have repeatedly exposed the shenanigans and now vindication for me. Ouzo for the Sheriff no more brown envelopes for Mir.

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326 days ago

EXPOSE: The stockmarket high jinks and spoofery of the newly elected Lord Mayor of London Michael Mainelli

I have always viewed the Lord Mayor and Alderman of the City of London as a cross between the freemasons and the Christmas pantomime at the local theatre. But I am told that it is a serious body and that I must show it due respect. Like hell I will, the newly elected Lord Mayor is Michael Mainelli whose antics have featured on these pages in days gone by. Mainelli is best of mates with those pantomime villains of the AIM scene David Lenigas and Richard Poulden.

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527 days ago

BREAKING: Valereum Blockchain – yet more undeclared related party deals Reverend Poulden?

Of course, the big undeclared (until the last minute) related party deal was the sale of Valereum’s (VLRM) bitcoin mining machines to the Lenigas spoof Vinanz (BTC), originally posited as an arm’s length deal. Many moons later as the Vinanz IPO finally happened the prospectus revealed that Valereum boss Richard Poulden owed a stack of low price (0.25p as opposed to the 3p IPO price) shares in Vinanz. But here is another stinker which emerged yesterday …

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533 days ago

Tom Winnifrith Bearcast - how on earth did Wishbone's Richard Poulden get into Oxford?

I suspect many say the same about me. I start with Wishbone Gold (WSBN) then address Lansdowne Oil & Gas (LOGP), UK Oil & Gas (UKOG) and more lack of Turkish Delight for big Dave Lenigas and the other promoters, Eurasia Mining (EUA) and Cellular Goods (CBX) where I am being spammed on Twitter by poltroonish supporters.

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565 days ago

David Lenigas and Vinanz do some classic Leni-maths to bail out bromance partner Richard Poulden

The David Lenigas run bitcoin miner Vinanz (BTC) has announced its first deal since its IPO on the Aquis lobster pot: “ Bitcoin Mining Processing Power Increases 650% with New BTC Miner Order”. This is classic Leni-maths and the beneficiary is Big Dave’s bromance partner Richard Poulden. Let me explain.

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566 days ago

Another spoof from Wishbone Gold, when is the next bailout placing?

I still own some of these shares as a reminder to myself of how bloody stupid I can be. Every time I look at the share price it is an act of self-flagellation, a self-administered punishment beating at the hands of Wishbone Gold (WSBN). Whack, whack, that is for being so bloody moronic! Today we have another statement which is so much bullshit. It uses a template much favoured by the best friend of Wishbone boss Richard Poulden, Mr David Lenigas.

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579 days ago

Confronted with evidence of his greed, David Lenigas and his bromance partner Richard Poulden take to twitter with a lying smear

Yesterday I pointed out the rapacious greed of David Lenigas and Richard Poulden in allotting themselves shares in Vinanz (BTC) at 0.25p two weeks before mug punters, roped in by salesmen charging 8% commission, paid 3p ahead of the Aquis IPO. Unable to deal with the awkward facts, Lenigas took to twitter yesterday to tell lies, with Poulden loyally retweeting every smear his master posted.

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580 days ago

Vinanz IPO - the stench of the unacceptable greed of David Lenigas, Richard Poulden and their gimp crony capitalists

Where there is a bandwagon to jump on, Big Dave Lenigas will jump on it. The stench is everywhere at the Aquis lobster pot as Lenigas has made a, very unwelcome, return to the UK IPO scene. As ever the stench is of greed. Vinanz (BTC) is ostensibly a sub scale bitcoin miner.

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591 days ago

David Lenigas has a new bitcoin IPO and Richard Poulden’s undeclared related party deal

No this is not a five-day late April Fool. David Lenigas really is on the cusp of listing a new bitcoin mining company on the Aquis Lobster Pot, Vinanz. Aquis today announced that First Sentinel is the advisor without any moral qualms and it has applied for a listing. But there is already one red flag flying here and it concerns Richard Poulden’s Aquis listed joke company Valereum Blockchain (VLRM) which we have exposed on this website numerous times.

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691 days ago

Tom Winnifrith Bearcast: falling out with three old friends edition

Maybe I have fallen out with these folks already: Colin Bird, Richard Poulden, and Andrew Bell. But after this podcast I sure will have done so. I own shares in two companies mentioned. It is my intent to cut my losses when back at my desk in Wales next week and to reinvest the little cash that comes in, in a boring gold play with a dividend which will not be passing the begging bowl around numerous times next year. I think probably I shall buy a few more Ariana (AAU). The three companies that I slate today are Red Rock Resources (RRR), Tiger Royalties (TIR) and Wishbone Gold (WSBN)

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752 days ago

As David Lenigas ramps away, Gibraltar Regulator says yes to Valereum buying the Gib Stock Exchange or does it?

Richard Poulden’s Valereum Blockchain (VLRM) first applied for permission to buy the Gibraltar Stock Exchange on 25 October 2021. Today it says that Gib’s equivalent of the FCA, the FSC has cleared the deal. But has it?

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763 days ago

Valereum Blockchain – what on earth has caused a regulator to spend almost a year vetting it as suitable?

Richard Poulden’s cash guzzling car crash of a company, Valereum Blockchain (VLRM) yesterday tried to reassure investors with a statement regarding its proposed purchase of the Gibraltar Stock Exchange. But the statement begs more questions than it answers. Valereum says

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764 days ago

Tom Winnifrith Bearcast: the old Etonian dressed as a Nazi, Lyin' Chris Cleverly, the chancers Tatnall & Longley - the party at Technology Minerals

In today’s podcast I discuss coverage of my friend Richard Poulden and Valereum Blockchain (VLRM) which is now utterly toxic. I mention Wishbone Gold (WSBN) en passant. I look at Verditek (VDTK) where AIM Regulation must now step in to tackle fraud then at IOG (IOG), lessons from the demise of Toople (TOOP) and then an expose of the  events at Technology Minerals (TM1) where you really just could not make it up.

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766 days ago

UPDATED: Aquis Regulation forces Richard Poulden's disgraced Valereum to ‘fess about advisor resignation

On 14 October Richard Poulden’s Valereum Blockchain (VLRM) the cash guzzling POS ramped by David Lenigas announced that it had switched Aquis adviser from Peterhouse (credible) to First Sentinel (er…). Poulden presented this as a triumph tweeting, disingenuously,:

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768 days ago

Valereum Blockchain – now adviser jumps from sinking ship

Over on twitter Richard Poulden and his fellow Australian hustler, the shameless penny share ramper David Lenigas, are claiming that Valereum Blockchain (VLRM) changing adviser is good news. Whatever….Back on planet earth.

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774 days ago

Letter to Aquis Regulation – Valereum is ‘avin’ a Turkish at your expense

I have written to Aquis Regulation, ccing in the Financial Reporting Council, if Aquis needs some help with basic accountancy, on the subject of interims from Richard Poulden’s Valereum Blockchain (VLRM). These numbers need to be restated with Poulden deserving a public slap on the wrists

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774 days ago

Richard Poulden's Valerum Blockchain and the Michael Mainelli spoof!

Natch the announcement that the Richard Poulden/ Dave Lenigas sham that is Valereum Blockchain (VLRM) has signed up a new strategic advisor was signed off by corporate advisor Peterhouse but it is the directors who took responsibility and they should be ashamed. Here’s why.

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775 days ago

The rotten flaw at the heart of Aquis – directors can say whatever they want: true or false: Ref Richard Poulden & Valereum

Yesterday I flagged up the laughable interims from the Richard Poulden/David Lenigas/Zak Mir ramp Valereum (VLRM) in which the company claimed that a £6 million overdraft facility was a current asset.  I know that both Poulden and Mir were keen supporters of the bogus cult of Modern Monetary Theory so maybe that is where this all comes from:  rather than printing money, Poulden is printing assets.  I blamed Ms Heena Karani and advisors Peterhouse for allowing this novel, and wholly bogus, new development in accounting to be published. I was wrong and offer my apologies to Ms. Karani and to Peterhouse. Well sort of.

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775 days ago

Richard Poulden and Dave Lenigas take a £6m accounting piss: this has to be a joke right?

I refer to Valereum Blockchain (VLRM) on the Aquis lobster pot and results for the six months to June 20 2022 published on deadline day, September 30th. I know that Big Dave insists that size is important but can these chancers be for real with what they have served up? Natch the company is loss making but somehow its asset based has ballooned. Great! Fabbo! What is not to like?

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822 days ago

Tom Winnifrith Bearcast: which bubble pops first, NFTs, crypto, UK housing or David Lenigas' next penny dreadful IPO ramped by Zak Mir?

The root causes of all these bubbles popping (apart from the next Lenigas/paid ramper Zak Mir and Richard Poulden shit show) are the same. I explain and discuss.

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873 days ago

Tom Winnifrith Bearcast: Dumb & Dumber Britain, Blowjo edition

I start with two examples of utter stupidity from the man known as BlowJo. Then on how Big Corporate is rallying round Halifax and its woke hectoring of its customers. Then onto Nanosynth (NNN) were the share price target is now a fall of 80-00% and Valereum (VLRM), the Richard Poulden NFT ramp where I predict a share price collapse within weeks.

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1125 days ago

Tom Winnifrith Bearcast: an unpriced option to buy 80% of a business with no given profits at no specified cost is worth what?

In today’s bearcast I look at Skinbiotherapeutics (SBTX), Optibiotix (OPTI), Kefi (KEFI), Nightcap (NGHT), VAST Resources (VAST) and finally at my old pal Richard Poulden’s Valereum Blockchain (VLRM), the current love interest of Big Dave Lenigas. 

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1250 days ago

Valereum Blockchain £1 million placing at a bonkers 70p the Poulden, Lenigas, Sith Lord Zak Mir ramp goes on

Valereum Blockchain (VLRM), The Richard Poulden blockchain/NFT/bitcoin ramp hyped disgracefully by shareholder David Lenigas and penny share paid for promoter Zak “the huckster” Mir, has managed to raise £1 million at a shocking 70p. And the shares are now 76p. This is insanity.

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1262 days ago

Shame on Zak Mir, David Lenigas and Richard Poulden – the shameless ramp of the century is insane

One of these three gents is a good friend (or was, maybe he won’t be after reading this), one is godfather to my daughter and one is a fat and utterly shameless Aussie share promoter who used to think there was more oil in the Weald Basin than in Saudi Arabia and whose latest tweet is below.

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1315 days ago

David Lenigas and Zak Mir MUST be on drugs - the Richard Poulden ramp Valereum

Valereum (VLRM) in the Aquis lobster pot has, as of today, zero revenues and – if it is lucky – £300,000 net cash. But mention the magig bitcoin word, throw in a few tokens and some magic beans and, hey presto, promoter David Lenigas and the Sith Lord Zak Mir reckon the shares should hit 60p. That would be a valuation of £38 million. Whatever you say Gents…today’s ramptastic love triangle from twitter is below.

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1346 days ago

Tom Winnifrith Video Shareshow No 22: Well over 2 hours of gold, blockchain, bubbles, crashes & value with Richard Poulden and Chris Bailey

And now from Wales, by just 30 yards, it is my new weekly video show. This costs 99p per episode, and you can either listen to, or watch, some sparky interviews with Richard Poulden on Wishbone Gold (WSBN) where I own shares and am a bull and on his other company Upper Thames (UPPT) a blockchain play where I cannot hide that I do not get it at all and Chris “Three Brains” Bailey on what he is buying and on macro-economics.You can access the show HERE 

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1365 days ago

Tom Winnifrith Bearcast: Ok I will report this to the HMRC, I am a good citizen, sorry Coro & the Hoods

I am off to my late father’s at Shipston in a few minutes so no more from me today. I compare now and 2000 with looks at KR1 (KR1), the bonkers new associate of Richard Poulden, Neil Woodford’s WPCT, David Lenigas and his new pot play with Afriag (AFRI), nonsense elsewhere in that sector and then the odd Coro Energy (CORO) transaction which I feel obliged, as a good citizen, to ask the HMRC to have a butcher’s at.

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1365 days ago

Richard Poulden - your new hire is bonkers

Yesterday I discussed the shocking share ramp by David Lenigas, Zak Mir, Peterhouse Corporate Finance of Richard Poulden’s Upper Thames Holdings (UPPT), a  business with £300,000 of cash, zero operations, which is capitalised at £6.4 million and still the ramp goes on. Part of that ramp is the hire as a non board advisor of Vinay Gupta, a blockchain guru. Sadly, Mr Poulden your new hire is bonkers. Here is how he explains how we can all become millionaires overnight.

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1369 days ago

A shocker from the small cap sewer: Upper Thames, KR1 and the four horsemen of the rampfest

We live in times of sheer insanity. It is a rampers’ paradise and cometh the day cometh the four horsemen of the rampfest apocalypse. I bring you a tale of sheer insanity from the Aquis lobster pot market, formerly the NEX Exchange. It starts with what was once PGC Entertainment (PGCE), a serial uber dog which was eventually slung off the AIM casino. I should say that its boss is my pal Richard Poulden.

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1447 days ago

Tom Winnifrith Video ShareShow Number 13 - a man with a hundred bagger and a man with a zero

And now from Wales, by just 30 yards, it is my new weekly video show. This costs 99p per episode, and you can either listen to, or watch, some sparky interviews with Richard Poulden of Wishbone Gold (WSBN) where – no sniggering at the back – there is a case made why this could be a hundred bagger, and bear raider Gabriel Grego on the markets, shorting and on Penumbra, a potential zero. Plus I have a few thoughts on Deepverge (DVRG), pillow talk at dog Powerhouse (PHE and other matters.You can access the show HERE

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1540 days ago

Tom Winnifrith Video Shareshow No 9: Almost 3 hours of Lucian Miers, Myself on Dev Clever and Harry Adams of Kefi

And now from Wales, by just 30 yards, it is my new, I hope, weekly video show. This costs 99p per episode, and you can either listen to, or watch, some sparky interviews with bear raider Lucian Miers on the markets, the real economy, his longs and shorts and gold and with Harry Adams of Kefi (KEFI) ahead of the most exciting six weeks of his career. Listen carefully to what Harry says, having just bought more Kefi a couple of weeks ago I am delighted with certain matters he raises. Finally, I look at Dev Clever (DEV) and why it should face a full stewards!. You can access the show HERE

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1547 days ago

Tom Winnifrith Video Shareshow No 8: Well over 2 hours of gold, me on corporate lying, Richard Poulden and Steve Moore

And now from Wales, by just 30 yards, it is my new, I hope, weekly video show. This costs 99p per episode, and you can either listen to, or watch, some sparky interviews with Richard Poulden on gold and where it goes next, on the US election but also on Wishbone Gold (WSBN) as it takes a new direction. As a long suffering shareholder, down £30,000, I have a few tough questions. Then I discuss what gold stocks I am buying before chatting to Steve Moore, a man with whom I have worked for all bar a few weeks of his working life. He is this year 38! Frightening. I started the show with a suggestion that we all look back to the 1970s. I end with a look at corporate lying and why it is on the rise and why no-one cares but that will change. Verditek (VDTK) is a case study here. You can access the show HERE

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1577 days ago

Tom Winnifrith Shareshow Number 7: Two and a half hours on gold as it hits record high, what to buy or should I play the "green revolution" instead?

And now from Wales, by just 30 yards, it is my new, I hope, weekly video show. This costs 99p per episode, and you can either listen to, or watch some sparky interviews with Nigel Somerville on gold and where it goes next, on how to play the gold bull market, what stocks to buy and what non stocks to buy and how a gold bug positions the rest of his portfolio. Then Paul Atherley from a non gold miner, Pensana Rare Earths (PRE), a play on all this green shit everyone – bar me – seems to love. And I explain why I have bought Pensana shares even though I think man-made global warming is utter bunkum. Finally two stocks where the valuation is insane: Dev Clever (DEV) and Trainline (TRN). You can access the show HERE

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1591 days ago

Tom Winnifrith Shareshow No 6: 2 hours 17 mins of Richard Poulden on the collapse of the west and of empires, Kerim Sener of Ariana and me on Supply@ME capital and 6 more shorts

And now from Wales, by just 30 yards, it is my new, I hope, weekly video show. This costs 99p per episode, and you can either listen to, or watch some sparky interviews with Richard Poulden on the collapse of empires but also of the West at every level.  Also covered is the death of oil and how we should save our finances against such a backdrop and with Kerim Sener of Ariana (AAU). I also explain why Supply@ME Capital (SYME) is a crooked zero and I review the six short ideas from the previous five shows, one of which is already a zero. 


You can access the show HERE

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1867 days ago

PCG Entertainment – shares suspended, administration looms, a statement that, even the white rabbit thinks is bonkers

This is insanity writ large. Richard Poulden of PCG Entertainment (PCGE) will always be my friend but I simply cannot defend a statement today which is, at almost every, level bonkers.

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2007 days ago

Tom Winnifrith Bearcast: Brian McDonnell you poisonous & crooked leprechaun I shall see you and your USOP bitchez in Court!

Firstly, we are now at more than 99% of our Rogue Bloggers for Woodlarks target. If you have yet to donate please do so NOW HERE. Next year there are a few changes planned as I discuss. I then discuss my friendship with Richard Poulden and how it affects my writing. Finally Brian McDonnell, the liar and crook who runs the worthless fraud US Oil & Gas (USOP), I am planning a legal and media circus in Dublin to end your career, that of your mentor Liam McGrattan and Niall, Bertie and your other cronies. You want to play ball bitchez?

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2034 days ago

Ooops I forgot to say this in bearcast (Wishbone)

Thanks for all your emails, fellow shareholders. I had indeed noticed that shares in Wishbone Gold (WSBN) were down by c27% today at 0.07p and so put in a call to Richard Poulden.

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2394 days ago

UK Investor Show 2018 Video Gold & Mining session - Frisby, Van Dyke, Atherley et al

 Chaired by Brian Kinane of Riverfort this was a real clash of ideas and featured Dominic Frisby, Paul Atherley of Berkeley (BKY), Richard Poulden of Wishbone (WSBN), Peter Bird of Asiamet (ARS) and - making a very welcome return - Amanda Van Dyke, now a fund manager.

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2398 days ago

UK Investor Show 2018 Video - Richard Poulden of PCGE

PCGE (PCGE) certainly arouses debate. Here putting the investment case is its founder and chairman Richard Poulden.

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2399 days ago

UK Investor Show 2018 video: Richard Poulden of Wishbone Gold

I own shares in Wishbone Gold (WSBN) in my pension and so does FIML. So, for that matter, does my son Joshua. I think that in the end we will all make money and a lot of it but so far it has been "bumpy." Here to explain why the future is golden is founder and chairman Richard Poulden.

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2735 days ago

PCGE - Placing: the morons deserved to be debagged & buggered: Chairman Poulden did the right thing

Yesterday morning I ran a piece pointing out that at 0.15p the valuation of PCGE (PCGE) was utterly insane and anyone buying shares (at up to 0.16p!) deserved the beating that would surely follow. It did not take long. At 2.19 PM the company announced it had raised £400,000 at 0.1p. Ouch. The shares are now 0.11p to sell. BBMs 0 The Sheriff of AIM 1. A familiar scoreline.

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2817 days ago

The March edition of the UK Investor Magazine is live - with why we fight fraud

The March edition of the UK Investor Show Magazine is live featuring 7 share tips, company profiles, interview with Richard Poulden of PCGE, why we fight fraud & fake news on Channel 4, Donald Trump, Marine Le Pen, a look at the banksters and much more.

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2872 days ago

Tom Winnifrith Bearcast: Explaining what a kitchen sink is - ref Cobham

Oakley is about to be petrified as the working classes are arriving. He fears them greatly. He fears hoovers even more. But ahead of that I record quickly. Today I cover Darren's bogus religion of global warming and Ariana (AAU) - the market has this wrong - Cobham (COB) - what ia  kitchen sink - my dream St Valentine's Day massacre involving three listed companies which could all go bust on February 14. Please God! I also look at PCG Entertainment (PCGE) and its news today. Hats off to my friend comrade Richard Poulden. I also chide young Steve for not giving credit where credit is due to Majestic Wine (MJW) and have a few words about Aidan Earley. I thank him publicly on one matter although a lawyers letter has been received.

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2960 days ago

So we did not sell Wishbone after that placing, conversations with the chairman

My last comment on Wishbone Gold (WSBN) was not exactly positive. The company's shares had raced ahead, in part methinks, down to comments made by me saying I'd not be selling until the shares were closer to 2p than 1p. It then raised £600,000 at just 0.75p with broker Beaufort Securites trousering not just commission but warrants. I write a fairly vicious piece HERE. But we did not sell and at 1p are still holding and hoping for better. I swapped emails with chairman Richard Poulden last week.

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2992 days ago

September UK Investor Show Magazine - TW's top 7 holdings, 5 AIM frauds named & shamed and more

The September edition of the UK Investor Show magazine is live and as its two lead features reveals the top seven shareholdings of my family trusts, names and shames 5 AIM listed frauds and contains a raft of share tips and 3 sells (to zero) plus an exclusive interview with Richard Poulden of Wishbone Gold (WSBN), a challenge to PM Theresa May and Jeremy Corbyn involving Keith Vaz and much more. You can access the magazine now and at no cost below. I, Tom Winnifrith, am now on leave, Steve Moore will be editing the next issue.

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3021 days ago

Wishbone: belated AGM statement - much better late than never

Why on earth it took Wishbone Gold (WSBN), the owner of the Black Sand gold trading business, two working days with a weekend in between to release an AGM statement is beyond me. Amid the uncertainty that caused we loyal shareholders suffered as the shares slid. But better late than never we had an RNS yesterday and it was good news indeed.

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3072 days ago

Tom Winnifrith Bearcast: Go ahead start sacking the investment bankers, I'd pay to watch

No lightning strikes today, thank God. What was he punishing me for? I start by discussing Richard Poulden's excellent letter on why folks are so angry so backed Brexit, but it is a wider issue as you can read here. Then I discuss liquidity in an investment company's portfolio, ref Teathers Financial (TEA) and finally I challenge the banks to make good their Brexit threat to fire investment banksters. I will pay for a ticket to watch but I explain why it was always a spoof. It won't happen.

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3115 days ago

Did Richard Poulden say something bad about Wishbone at Mining Capital? No - slides below

Shares in Wishbone Gold (WSBN), which is still not doing a placing as a certain ex bank robber insists but instead is raising debt but not for PLC costs, have slipped to 0.475p prompting a couple of readers to ask if Richard Poulden said something bad at the Mining Capital Conference yesterday?

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3242 days ago

A 100 year war with Daesh, oil worthless in 30 years - the Black Swan 2016 Newsletter

Each year my friend Richard Poulden produces a very thought provoking New Year Newsletter and the 2016 edition is a stormer. It is also the most pessimistic I have seen yet. Pour yourself a stiff glass of whiskey and brace yourself.

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3501 days ago

Video of the Mining Session at UK Investor starring Amanda Van Dyke, Poulden, McGloin & Bell

Once again this main stage panel at UK Investor Show 2015 was chaired by scruffbum Ben Turney. On the panel were Amanda Van Dyke, John McGloin of Amara Mining, Andrew Bell of Red Rock Resources and Richard Poulden of Wishbone Gold.

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3503 days ago

This house believes that if you own shares you should vote Labour in the General Election - UK Investor debate video

To the cockney boyz 4-3, To the cockney boyz 4 -3! After a resounding victory this year, I am now one ahead in my annual show debates against my very good friend Richard Poulden. The motion this year was "This house believes that if you own shares you should vote Labour in the General Election". Comrade Poulden won the toss and elected to speak in favour of the motion, I opposed.

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3509 days ago

If you own shares you should vote Labour: The Poulden vs Winnifrith debate on Saturday

Some last minute changes to the schedule for UK Investor this Saturday the 18th include the annual Richard Poulden vs Tom Winnifrith debate which this year is in a 100 person room on the 3rd floor (the stands floor) not on the main stage. The Motion is “This house believes that if you own shares you should vote Labour in the General Election.”

Richard won the toss

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3605 days ago

Tom Winnifrith Bearcast 10 January

In today's podcast I refer to the excellent Black Swan 2015 review by Richard Poulden which you should all read. I cover the issue of how low the oil price could go but also what we as investors should assume that it will be. I touch on IGAS and Northern Petroleum (both shorts). And the I look at the issue of what constitutes market abuse in the Bulletin Board Moron community

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3820 days ago

Malcolm Stacey A Deluded Lefty – I start to worry about my old pal

As ever I start my day reading the excellent column of my old pal Malcolm Stacey, the grandfather of share blogging. But today I was spluttering into my cornflakes as I read his words. Has my old pal become infected with “deluded lefty disease”? Please tell me it is not true or that it if it is you will spend a weekend at the Richard Poulden libertarian boot camp with Ms Argyle (pictured as she is better looking than Comrade Poulden), Matthew Sutcliffe and Dominic Frisby seeking urgent therapy.

Malcolm’s offending phrase in his otherwise excellent column today – HERE – was:

Of course, I sympathise with young people who still can't get jobs and families who have to rely on food banks. That is down to inequality of opportunity, for which the government must shoulder blame.

Where to start with such obvious tosh? 

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3862 days ago

UK Investor Show 2014 video - Richard Poulden v Tom Winnifrith: Will UK House Prices Crash Debate

Direct from the Queen Elizabeth Conference Centre a video featuring a UK Investor Show 2014 debate between Tom Winnifrith and Richard Poulden on whether UK House prices will crash.

Tickets for the 2015 UK Investor Show featuring 50 star speakers including Chris Bailey, Nigel Wray, Vin Murria, Cassandra Harris, Evil Knievil and Ben Edelman are available now at a special early bird 50% discount rate - you can book HERE!

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3903 days ago

Praise from the most bizarre sources – an Evening with Liquity: time to consider retirement

Up to London for a lunch with libertarian fellow Shoreditch refugee Philip, a CEO meeting and then to the offices of a City law firm to moderate a panel presentation for Liquity – a new platform for investors in unlisted stocks. It is an interesting proposition and I wish the firm the best of luck, not least because it employs my fave Tory blogger Charlotte Argyle. Rather conceitedly I thought I was on pretty cracking form.

I was certainly getting a few laughs but it is quite possible that many of those present were laughing at me not at my witty asides. You never really know.

As soon as the formal bit was over I headed outside for a quick nicotine fix and a fellow who was leaving congratulated me on my style and cynicism and said I gave a most enjoyable performance. Thank you said I. He then introduced himself as a full time member of the House of Lords and thrust his card into my hand saying that he had read my blog but would become a more regular reader from now onwards.

I shall not name this fellow to spare his blushes but I find praise from a member of the political classes a bit disconcerting. Does he not know that when the Popular Libertarian Front sweeps to power in 2020 one of the first acts of Dear Leader Richard Poulden will be to have the entire political class strung up from lampposts?  Naturally I shall be there in the front row with my knitting needles gloating as the tumbrils pass along the Mall.

But for his kind words tonight, I shall put in a good word with the PLF and Lord X will have his sentence commuted to 20 years in the newly established salt mines in the grim Northern Wastelands surrounding Stoke on Trent. But it got worse.

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3911 days ago

BONUS Session announced for UK Investor show: “UK House Prices will Crash by 2020”

Surely 12 sessions and 44 speakers is enough for the UK Investor Show on April 5 in Westminster? Well it is but we had forgotten something: UK residential property. Problem fixed – we have squeezed in an additional debate with a bull and a bear.

You can read full details of the 44 speaker line-up headlined by Ben Edelman, Nigel Wray, Vin Murria, David Lenigas, Terry Smith, Mark Slater, Evil Knievil & Lucian Miers HERE

The debate is between two libertarian thinkers trained in economics. Richard Poulden will argue that there will be no crash. I shall argue that there will be one.

This is our sixth annual debate and the score is currently 3-2 to Richard. 

Our debates are informal if information packed. Hence we kick off this one at 9.20 AM as a sort of warm up for the main talks which start at 9.50 AM.  Doors open at 9 AM.

The show is as of today 81% sold out. If you want to get a ticket (while stocks last) you can book HERE

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3956 days ago

Russell Taylor – Why the Liberal Left hates the poor

Thanks to the second most politically switched on CEO on AIM (after pure crystal libertarian Richard Poulden) for sending over this piece by Russell Taylor which is so excellent I just reproduce it in full. Over to Mr Taylor.

It’s not often you get abuse for paying someone a compliment, but try telling a liberal-lefty that the poor are resourceful, resilient and capable. What a terrible accusation! How dare you suggest that they are anything other than hapless cretins, incapable of standing on their own two feet? Can’t you see that these people need help? Why not bring back the workhouses and be done with it?

To liberals, writing-off the poor as weak and vulnerable, then showering them with excuses and hand-outs, is the acme of bigheartedness. Never mind how patronising this is, or how it makes a mockery of their egalitarian pretensions; as far as liberals are concerned, it is the final word in compassion.

You can bet your bottom dollar that liberals don’t think of themselves as possessing the poor’s frailties. When they attend their chichi gatherings, to swap pieties and compare egos, they never refer to the poor as their brethren: as people who share their ambitions, their powers of discernment or their self-sufficiency. They might have all the sympathy in the world for them, but they never for a moment consider them their equals.

Liberals love poverty, because it’s a goldmine for them.

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3999 days ago

Only 120 Free Tickets worth £12 for UKInvestor Show left

Tickets for the UK’s premier investor show, UK Investor worth £12 each are on offer at no cost at all in a special Christmas offer. But while we did have 500 to give away we now have only 120 left – after that the price goes back to £12. So grab your free ticket now.

The show is on April 5 2014 in Westminster and stars men like Nigel Wray, Terry Smith, Lucian Miers, Zak Mir, Matt Earl, Tom Winnifrith, David Lenigas, Steve Moore, Matt Sutcliffe, Alpesh Patel, Thierry Laduguie, Malcolm Stacey, Dominic Frisby, Richard Poulden plus the Queen of Mining Amanda van Dyke. In all, there are more than 30 big name speakers and 90 growth companies presenting.

Yup, that will be 90 growth companies there at CEO level for you to meet and quiz.

You can get full details on the speakers and companies at www.ukinvestorshow.com

 We had 500 free tickets but now have just 120 left to hand out: To get your free ticket click HERE

After these have gone it is back to £12 a pop.

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4227 days ago

Is AIM toast - 10 minute video debate TW vs Richard Poulden

This video is of a debate at the UKInvestor Show between myself and my good frienjd Richard Poulden. It is short and quick fire and regrettably I lost the vote. But it leads into my announcement of later today and is well worth watching.

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4247 days ago

Is AIM regulation a total joke and can investors believe in this Casino any more?

In four days time on Saturday 13th April I shall be debating the motion “AIM is finished” in a ten minute debate with my old friend Richard Poulden at www.UKInvestorshow.com . Richard is a gent and so has taken the short straw in standing up for AIM. I have the open goal – Aim is the true heir to the abomination that the USM (Unlisted Securities Market) became in its final days.

Lack of liquidity is endemic. Investors are bored. Or Angry. Or both. Feckless boards have fleeced them. A regulatory system based on fee-hungry and avaricious Nominated Advisors has failed. Putting some Nomads in charge of regulation is like asking the late Jimmy Savile to look after your kids!

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4302 days ago

Black Swan New Year Letter 2013: China to recover, US to recover, Europe Doomed

This is the annual letter sent out by my friend Richard Poulden. This year – as every year – we wil hold a 10 minute debate at the UKInvestor Show – I am not sure of the subject matter yet but it is always sparky. I am not sure that I agree 100% on China but on Europe we are at one. No debate there. Over to Richard:

“In the absence of the gold standard, there is no way to protect savings from confiscation through inflation” – Alan Greenspan, 1966

“Keep a clear head and always carry a light bulb” – Bob Dylan, 1965

Yesterday morning in Dubai was foggy: thick, gooey, 12-metre visibility stuff. As I drove my daughter to school , I said: “Let’s see how many cars we can find driving without lights”.

“Come on”, she said, “no one could be THAT stupid”

“Oh yes they could”, I said, “I’m going for a starter of three”.

Well we found three cars in the space of a few blocks. As we hit Sheik Zayed Road where the traffic in the fast lane was still doing 120km, she said: “OK, this is crazy, let’s go for 8 or 12”.

“That’s fine”, I said, “but I want to go for the big one: I want to find the European Union…. I want to find a bus..or a large sewage tanker”……and we did.

The gurus at Deutsche Bank published a study1 in July of last year suggesting that the politicians guiding the world economy were behaving exactly like those sewage tankers and buses in the fog. They propose this because their hypothesis is that none of the old economic philosophies actually apply to the current world economy and thus the levers being pulled by the politicians are not actually connected to anything.

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