668 days ago
I start off with why the Times‘ demands for a Sheriff of Tipsters smacks of glass houses and throwing stones. Has its own tipster declared all conflict of interests. Then onto gold, looking at my portfolio and why I have not sold Red Rock (RRR) and Wishbone Gold (WSBN) yet despite my grave governance reservations and their failure to monetise assets whose quality I start to doubt. So why not sell and reinvest in a higher quality play I own like Centamin (CEY), Ariana (AAU) or even Kefi Gold & Copper (KEFI). One reason was the illness that laid me so low I just forgot. But there are others which I explain in the podcast, my second of the day after this photo/podcast from Lake Vyrnwy which has given me great pleasure.
668 days ago
It misses the point. I discuss why as I prepare a second Christmas meal for a ShareProphets reader. It is all part of the service. It could be you next year.
726 days ago
After the slave labour in Leicester scandal, Boohoo.com (BOO) insisted it had done nothing wrong but put in place all sorts of ESG committees, procedures and staff to make sure it never did anything wrong again. Not that it had sinned in the first place, you understand. Today, an undercover reporter from The Times has exposed what happened when posing as a worker at the company’s Burnley distribution centre.
772 days ago
The Times has got hold of papers relating to the £134.6 million breach of contract claim made by the Government against Novacyt (NCYT), we reported here back in April, and this really looks as if it could bankrupt the company, currently sitting on c£90 million of cash. It also begs even more questions for ex CEO Graham Mullis who, if the Government is correct should be in jail for a £9 million bezzle not running Aquis listed Love Hemp (LIFE).
812 days ago
I start with a nasty shock my grandmother, Lesbia Cochrane, got in the late 1920s. This is relevant I suggest that a whole swathe of millenials could be getting a similar shock this year and that is one of many reasons why I pose the Boohoo (BOO) question. I look at its balance sheet, cashflows, shocking G (as in ESG) and find myself agreeing with ouzo man. Thewn the chart below and what it means for any company including Purplebricks (PURP) , getting some PR dictated puffery in The Times today, exposed to UK housing. Finally it is 12 days to ShareStock. I am off to mow the lawn for the tents next, book your seats HERE
1123 days ago
I start with the lamentable Brown whose splash today is about ex Tory Minister sleazy Tim Yeo being branded a liar by a judge. Yes we reported that on July 29 HERE and others including Paul Staines at Guido followed up — and credited us — later that day. And the deadwood press wonders why sales continue to tumble. Then it is onto the storm over a four person £37,000 restaurant tab in London on October 8. Is it wrong? It is certainly utterly vulgar and given why so many folks, especially in London, have become so wealthy thanks to the thief in the night which has locked so many others in poverty, it is the sort of thing which, wrongly, will make capitalism more hated. I discuss.
1459 days ago
The Times newspaper today flags up a series of tweets which, almost certainly break AIM Rules and relate to Remote Monitoring Systems (RMS), a company rapidly becoming the poster boy for the AIM Cesspit. They are not the hanging offence but there is a hanging offence out there…
1538 days ago
Eco terrorists from Extinction Rebellion last night blockaded roads leading to the presses where The Times, The Sun and The Daily Telegraph are printed. So many folks cannot, today, waste their cash on buying those papers. I am no fan of the deadwood press but I do believe in a free press. However, it seems that at least one MP does not and is celebrating this action. Is this not rather disturbing? I imagine that Dawn Butler would not be cheering if The Mirror & The Guardian had been prevented from distributing their rags.
1688 days ago
I look at news that Tesco (TSCO) is upping its dividend while getting a massive tax break from the taxpayer. This is wrong at every level. The Times tries to defend it, no doubt on orders from a powerful corporate PR machine, but this is simply a transfer of wealth from the poor to the rich and should not be allowed. I look at Nostra Terra Oil & Gas (NTOG) following up on my earlier piece with more questions for the board and Nomad, Strand Hanson, and another shocking revelation abiout the behaviour of CEO Matt Lofgran. Finally a few words on Concepta (CPT), my share tip of the year where I have averaged down in today’s placing.
1931 days ago
The tweet below from Versarien (VRS) boss Neill Ricketts is surely against AIM Rules. I am referring it to nomad Canaccord and AIM Regulation and discuss in a podcast which also covers swimming pool ways, folks who insult me to ask a favour, Burford (BUR) its rebuttal (very strong) but its red flag antics elsewhere and the limp dick behaviour of the deadwood press, notably The Times. I also look at Cabot Energy (CAB) which is surely AIM Casino toast.
1993 days ago
I start this podcast with a look at some of the shite press coverage of the Woodford scandal today, notably Patrick Hosking in The Times and the Daily Mail. Then it is onto what ios the end game for Neil personally: jail? insolvency of WIM? A lifetime ban from financial services? Another OBE and more tea with his pal David Cameron? Finally I look at Woodford Patient Capital Trust (WPCT) and reach out to fellow shareholders. I wish to call an EGM to sack the board and explain why. can you help me?
1998 days ago
We must be doing something right. We are! We are exposing wrongdoing in financial services and thus I detail the three attempts to shut this site down of late. We will fight on and thank you for your support. If you value what we do please get others to subscribe HERE. I also look at the canard at the heart of the defence for Neil Woodford, a line spun to the Times today.
2043 days ago
In today’s podcast I explain what happened with Mrs Chav’s pussy and also about how the move to Wales and the Grim North went and why this is now a bigger project than the Greek Hovel. I cover Bould (BOU) and systemic market abuse, Telit (TCM) and its dire results and the threats to Nigel Wray and myself from Julie Meyer. I gather the Times has also been threatened and it is standing its ground. How do you think I will respond ahead of a 5PM deadline? Meanwhile we are now at 25% of our £40,000 rogue bloggers for Woodlarks target and i urge you to check out the rioll call of heros ( even if you are a dripping lefty who thinks my world view stinks) and join them HERE.
2089 days ago
First of all. I deal with James Hurley who is obviously a pompous little prat and a total knobhead. Then it is onto Neil Woodfotd where, belatedly, the deadwood press is waking up. I do the math on his remaining FTSE 100 holdings. I am a bit tired. having done a 16 mile training walk for Woodlarks in rain, wind and mud today so as you think of an exhausted 51 year old man slowly recovering please support the rogue bloggers for Woodlarks HERE
2091 days ago
Once upon a time, when a journalist claimed an exclusive it meant something no-one else had published. But I guess times change. The lead story in today’s Times Business section is an expose on Julie “Lingerie on Expenses” Meyer which hack James Hurley is tweeting is an “exclusive.” Sufice to say, ShareProphets readers will not be that shocked by what Hurley reveals.
2174 days ago
I start with news of a washing panic at the Greek Hovel. Then I look at why the mainstream financial press are part of the problem not the solution to stockmarket over-promotes and indeed outright criminality. In the podcast I look specifically at The Times on Neil Woodford and at The Sunday Times on Hollywood Bowl (BOWL) and Midas in the Mail on Sunday on the IPO of AJ Bell (AJB)
2202 days ago
You could not make it up. Another week. Another Neil Woodford share support operation in the Mail on Sunday. I look at Woodford and wider issues he faces at The Times and Sunday Times and their shameful role in the MySquar (MYSQ) fraud and at Purplebricks (PURP) and the fundamental weakness in its business proposition that will ultimately sink it.
2361 days ago
Almost certainly using technology lifted from the SpinVox fraud she backed and still defends today, Julie "lingerie on expenses" Meyer has created a time travel machine. Now, thanks to the Times Newspaper, we can see that her bully boy lawyer Julian Pike of Farrer & Co is using it too as he smears critics and tells outright lies for his client.
2408 days ago
I wonder if Julie Meyer's lawyers will be sending a missive to The Times to bully it after a devestating piece appeared today. It really does beg massive questions although Meyer says she has done nothing wrong. Having already chatted to a couple of creditors and investors in her companies today I am not sure that her opinion is universally shared.
2479 days ago
You will have read our detailed coverage of Neil Woodford's woes and especially those of his uber dog listed investment company Woodford Patient Capital Trust (WPCT). Our sell advice has saved our readers thousands of pounds. But we believe in balance and so below is the advice of The Times Tempus column which is to buy. It is poorly researched - compare its coverage of Atom Bank with ours HERE) for instance and reads as if it was dictated by a PR person as is so often the case with the stinking carcass that is the deadwood press. Here goes...
2480 days ago
If devout Christian Julie Meyer MBE does not like FACT based articles about her and Ariadne Capital Limited ( now in administration) by City AM, The Evening Standard, The Times, ShareProphets ( an avalanche) and ex employees turned whistleblower such as John Galt posting on LinkedIn she could always send yet another fascist lawyers letter to them. But since all that has been written has been based on fact....
2498 days ago
I start with US classic car prices. It is relevant, bear with me. Then it is onto the Begbies (BEG) red flag report, a real bombshell. Then Carpetright (CPR), Bonmarche (BON), Dignity (DTY), RM2 (RM2), Online Blockcrap (OBC) and Character Group (CCT). I also look at today's article in te Times on insider dealing and welfare fraud.
2543 days ago
Marcus does not seem to like Brexit so has a go at our great hero Tim Martin of JD Wetherspoon (JDW) today. My comments below each of the two sentences from nasty Marcus are in bold.
2714 days ago
The Times yesterday ran an article "Investors take aim at LSE’s mistrusted upstart - Stock exchange defends Alternative Investment Market but its critics are losing patience", which it painted as a major attack on AIM. In fact it appears to have found one new critic - Standard Life - which, having done its conkers on Fusionex (FXI) because its fund managers knew better than our writers here who issued repeated warnings, now seems to think AIM has a problem. On which fucking planet has Standard Life been for the past ten years?
So to "fiske" a dire piece by Robin Pagnamenta, Deputy Business Editor, which fails to address any of the real issues showing why journalists on the corrupt deadwood press are part of the problem not the solution. My comments are in bold.
2810 days ago
It is not just Hart, the CEO for a few hours more at Bowleven (BLVN), but also the overpaid, inbred, upper class fuckwits at PR spinners Brunswick who view ordinary investors with unmitigated contempt. Someone leaked it to the Times this morning that Hart was to resign as boss of Bowleven after years of being paid a fortune while destroying shareholder value. If that is correct he is jumping before he is pushed at the GM, called by Crown Ocean.
2886 days ago
Among the dozens of Christmas cards that my father has hanging across the beams and above the aga and on the mantlepiece here in Shipston ,is the one pictured below from The Guardian. It thanks him for being a loyal reader in 2016 as he has the BBC's sister publication delivered every day.
2936 days ago
Alistair Osborne lashed out at Nomad Roland "Fatty" Cornish in the Times on Saturday listing his long list of AIM failures. A central point made is that Fatty banks huge fees for doing an IPO only to quit before the shit hits the fan or before the fat lady sings. In other words he earns megabucks and then scuttles off to hide in his favourite restaurant whilst others suffer the financial damage. Osborne starts his article on New World Oil & Gas (NEW).
3019 days ago
Phew! If Billy Bragg had abandoned his support for Comrade Corbyn the game really would be up. But it was all a Murdoch smear. The Bard of Barking was quoted in the evil Murdoch Press as saying that Corbyn was sort of 20th Century and cannot reach ordinary people. The Times interpreted this as saying that Billy had ditched Jezza. Au contraire, comrade Bragg is a true purist. Just because he knows that Jeremy Corbyn is utterly unelectable that won't stop him backing him all the way.
Say what you like about Billy Bragg
3057 days ago
I picked up yesterday on the fact that Andrea Leadsom views gay folks as different to straight folks in terms of their rights to suffer the miserty of marriage. So she is a social conservative which will chime with many Tory party members and I've no problem with her coming out in this respect. These days, some leading Tory seems to come out as something or other about once a week. What is nauseating about Leadsom is that she lies about this issue. She says she believes in equality and then smailes inanely. Yet her stated views make it clear that she does not believe in equality. In the world of Leadsom it is one rule for the shirt lifters and one rule for the rest of us. Time to smile inanely again Andrea.
My biggest problem with Leadsom is thus not that she is a bigot, although
3092 days ago
I start by analysing a very odd paragraph concerning Aureus Mining (AUE) in the Times Market Report. Then it is onto Boxhill (BOX) which is a zero, Lord Tim Razzall you are "in sights" there is more to come. Then it is onto Armadale (ACP), Purecircle (PURE) and FastJet (FJET), oh Duck & Dive where are you? It's time to say "sorry TW was right, as usual - I am sorry for daring to suggest that his analysis was wrong."
3656 days ago
According to The Times today, the Sheriff of AIM has for the past five years been a fellow called Marcus Stuttard - no offence, phoney Sheriff, but you are useless. You are Inspector Clouseau and your team are the Keystone Cops. You could not spot a felon if I took you on a guided tour of Rob Terry's next home, that is to say Wormwood Scrubs. Your inaction against miscreant Nomads and companies that tell lies and commit fraud is legendary across the globe. That is why the AIM casino is viewed as such a joke. In this podcast I look at how and why Mr Stuttard and his team have failed us all so badly and why they are simply not fit for purpose.
3713 days ago
The Bulletin Board Morons do not seem to understand that if an Industrial Deafness case is lost Quindell (QPP) earns nothing it just incurs cost. So the mushrooming of bogus claims will not generate any cash for Quenron although it is happily accruing income on the basis that it takes on and wins 6,000 cases a month. Given that the number of claims settles has not risen above 20,000 across the while UK for many years, it is inevitable that at some stage it will have to write back all or nearly all of its accrued income from ID, prompting a profits warning. It will also mean that Quindell runs out of cash. The only question is when?
As such as a reminder of what is going on I bring you an article from The Times out today flagging up statements made by Insurance giant RSA. It reads:
3807 days ago
Thanks to Quindell (QPP) excluding me and also the Fleet Street guys there were very few questions at the AGM which would have troubled Rob Terry greatly. What did we actually learn from what went on there and from the accompanying trading statement?
One thing I learned is that Fleet Street is now very bearish on this company. PR bird Foxy Bex now refuses to answer any tough question she is posed whether being harangued by me on video or asked politely by the nationals. The FT, The Times and the Sunday Times all sent reporters to the AGM and all were turned away. I spoke to all three yesterday and they are not bullish. The editor of Questor on the Telegraph is a total bear. He did not turn up at the AGM because when he tried to go to the last “Teach-In” he was barred. What is Quindell so afraid of?
4252 days ago
If I wish to read more than 20 articles a month on the Telegraph website I now have to pay £1.99 a month. And so the Telegraph loses another reader and an active one. I am not sure how much it makes in online revenue but if we say that it is £4 per 1000 Page impressions I think that the paper is now about £1 a month worse off.
I read that paper out of habit not because it offers that much. My most visited page was the Premiership table which I seem to check far too often. But I can get that data elsewhere for free as I can also get for free West Ham team news and forthcoming fixtures. I read the odd news story but it is a commodity so I can get that elsewhere.
I do like reading Christopher Booker’s column but Richard North always reprints that on his blog. And so I am left with Jeremy Warner (who is occasionally good), Ambrose E-P and Tom Stevenson. And that probably comes to about 15 columns a month which I may bother to read. Because I was drawn in by the columnists and the league table I inevitably ended up reading a few more articles but I did not need to. They were junk food. So I was responsible for a good slug of Page Impressions.
This is the problem that newspapers have. They have high fixed costs (staff, printing presses, lavish offices) and 98% of their content is commodity content. Why should anyone pay a fee to cover all those fixed costs when all they want is the odd bit of unique content? Start charging me 2p a go to read a given column and I might well play ball and then read all that junk food material and give the paper advertising income as well. As things stand I, will like many others, just turn away.
I used to read the Times online. I thought I’d miss Matthew Parris