254 days ago
In today’s Bearcast I look at Chill Brands (CHLL), MusicMagpie (MMAG), Vast Resources (VAST), Eurasia Mining (EUA) and the bent and corrupt world of paid for research, Supply@ME Capital (FRAUD) and Regtech Open (RTOP) asking when will the taxman pull the plug, Kefi Gold & Copper (KEFI) and Optibiotix (OPTI)
674 days ago
You are not allowed to say this these days but Ukraine is an incredibly corrupt country, normally ranking 2nd in Europe after Russia for dishonesty. So let me first say Slava Ukraini and that we should carry on sending UK taxpayers cash to President Zelensky’s Swiss bank account for as long as he wants. That was a joke BYW. Back to Enwell Energy (ENW) which looks to be well and truly in the merde.
750 days ago
Writer Steve St. Angelo of the SRSrocco Report does not hold back on how corrupt the financial world has become.
1088 days ago
I start with the Earl of Shrewsbury (not Shaftsbury a podcast mis-speak) who should be kicked out of the House of Lords after my latest cash for questions expose HERE. Of course he won’t be. Airstrip One is a rotten and corrupt place these days where folks like him are above the law. Then I look at Cineworld (CINE), Big Sofa (BST), MyHealthchecked (MHC) and Horizonte Minerals (HZM) before looking at the peripheral issues raised by IQE’s (IQE) disastrous news and also at what is the real valuation, from someone who has called it 100% correctly.
1141 days ago
I should have mentioned this in bearcast yesterday, the maths is clear and unchallengeable. Abingdon Health (ABDX), a company I warned you about at IPO as it was insolvent and the valuation absurd, is pumping its stock via the yellow journalists on the Daily Mail and the Telegraph ahead of a bailout placing. You know the score: mug punters overpay in the secondary market ahead of a placing at a vast discount to fund managers.
1168 days ago
There is an opinion poll out today showing Labour leading the Tories whose support is collapsing. Why vote Labour Light when you can vote for the real thing? Or if you are a Thatcherite, as I am, how can you bring yourself to vote for a Tory party that would disgust and repel every bone in the body of the blessed Margaret. The Tory party of the serial liar Boris is corrupt with party donors paying for his home furnishings and picking up soft sinecures and lucrative PPE contracts but, as bad, it has abandoned so much of what Thatcher believed in, including basic common sense. My day job is exposing fraud. How can I vote for such obvious frauds? The article below first appeared in my free weekly Tomograph newsletter which you can sign up to receive HERE.
1205 days ago
First up, after I nudged Paul Staines (Guido) we did get that hat tip as you can see HERE. Cheers Paul. I then look at Babcock (BAB), Boatman Capital and the corrupt deadwood press, Minoan (MIN), the fraud Zoetic (ZOE) and its missing results, Kefi (KEFI), Supply@ME Capital (SYME) and the missing shares and then at MyHealthChecked (MHC) where I expect the shares to zoom within weeks but which is causing me to spit nails.
1228 days ago
I start with bad news from Olaf, then consider football before – at length – answering the question in the title.
1301 days ago
Gosh I miss my late uncle Chris and our hour long, weekly, chats that would just go on and on skipping from topic to topic almost seamlessly. He may have founded Private Eye but we both did the jokes. We both have a history of falling out with folks and made sure that we had no such bust ups so if we disagreed as we did just now and again there was always a workaround. So we disagreed on Brexit as he regarded me as a “no deal” hard line fruitcake and I wore that badge with honour. But rather than debate it we just agreed that Theresa May was the worst Prime Minister in history, laughed and moved on. Back in the nineties those chats would see us spending some time on Tory sleaze. You remember that MP who shared a bed with another chap and said he was doing it to save money? The jokes wrote themselves back then.
1369 days ago
For 20 years Jeff PressTrip built his name at the Mail on Sunday with his exclusive chats and scoops from Neil Woodford. The quid pro quo was that he blew the man off in print once a fortnight and he ensured that Mail on Sunday Readers ALL owned shares in the doomed Woodford funds. Even a day before Equity Income was gated the Mail on Sunday urged its readers to show faith. But the corrupt old bastard (PressTrip not Woodford) wishes us to forget that and today again rails against his ex-mate saying how disgraceful is his planned comeback.
1373 days ago
This is for Cliff weight of ShareSoc. I discuss incidents in my life on Fleet Street showing the corrupt nexus between financial PRs and the press in action. I hope you all find it amusing as informative and relates to this fight I got into earlier today. Then it is onto Brokerman Dan who is a visionary analyst of health stocks, notably MyHealthChecked (MHC) as PL and I are agreed. Finally Zoetic (ZOE) has been exposed by an RNS today from Path Investments (PATH) which is damning. Its implications are clear, Zoetic is now mortally wounded; however, its evil PR spinners tried turd polishing earlier today.
1375 days ago
Lucy Burton of the Sunday Telegraph will this morning be celebrating her scoop of the year. It may win her prizes such is the corruption of modern journalism. In a faustian deal she gets to break the news that disgraced and crooked fund manager Neil Woodford is planning a comeback. In return she publishes a blow off interview in which Woodford paints himself as the victim of what happened, tells blatent lies and those lies go unchallenged. This is not journalism it is revolting PR ands Ms Burton should be drummed out of the industry. She won’t. She will be praised and promoted. And the deadwood press wonders why it is ever less trusted and its reader numbers slide?
1384 days ago
On Thursday 4th February at 7 AM a CBD company Cellular Goods announced its plans to raise £8 million on a £20 million valuation and join the (sub) Standard List, home to so many frauds and dogs. The night before, Sky News came up with the “scoop” that this news could be revealed as soon as the following morning and that David Beckham had invested and would soon sign a deal to promote the CBD skin product. Oooooooh a nice photo of Becks and blow off comment with no questions asked, this is the corrupt MSM and a PR drop all over again as I noted with the other listed company where Becks has “invested”, Guild Esports (GILD) the other day HERE.
1677 days ago
I have flagged up the corrupt nature of the deadwood press, and the Sunday Times in particular, numerous times on this website. The way it blew off Neil Woodford in return for “scoops” and again and again backs boards, who by dint of underperformance, are quite rightly under fire with dirty attacks on their critics is shameful. Babcock (BAB) is a case in point. Today the paper shows its true colours again with its coverage of NMC Health (NMC) and more especially, and shamefully, of EasyJet (EZJ).
1907 days ago
Liam Kelly of The Sunday Times spins for Watchstone (WTG) in a terribly dishonest way becuase it has been shown an email relating to the Quindell (QPP) era and Slater & Gordon. I will have a real Quindell scoop in a couple of hours not dropped by a PR but coming on the back of real hard work. That is my 6th Wedding annoversary present to myself. All is discussed in today’s podcast.
1958 days ago
My series of exposes on Anglo Africa Oil & Gas (AAOG) have revealed a raft of corrupt deals by boss David Sefton. Most shareholders appeared to respond by attacking me. Today he ‘fessed on the deals in full, admitting that I was right. He then reversed and changed them which will save his shareholders £1.3 million. They should be thanking me and singing my praises. They will not be. Meanwhile I expose Sefton’s life of first class air travel – how long can this company afford to employ this shamed man?
1967 days ago
In today’s bearcast I look at FinnCrap (FCAP and two of its rotten clients: Telit (TCM) and Anglo African Oil & Gas (AAOG), at vile greed at Attis Oil & Gas (AOGL) , formerly Mayan/Northcote and at the latest FRC sanctions for shoddy audit work by Delotte and audit partner Helen George. I look at Weald Basin news from IGAS (IGAS) and what it means for Uk Oil 7 Gas (UKOG) et al and at daft Sound Energy (SOU) rumours.
1994 days ago
In today’s bearcast I look at the 5.6 million questions Mark Dampier has to answer in the wake of the collapse of the Neil Woodford empire. I also look at how the contagion could swamp one of Hargreaves Lansdown’s (HL.) own fund of funds unit trusts and at the massive COIs at Hargreaves which the Woodfiord scandal reveals. I look at Redde (REDD), Surgical Innovations (SUN) and give a direct answer to Roger Lawson as to why I will continue to call out the corrupt and useless deadwood press even if it means no coverage of the achievements of this website. It is called feeling comfortable with yourself, Roger, for telling it as it is. Postscript: Late tonight it has been announced that shamed Dampier is to “retire”.
1998 days ago
Neil Woodford, Britain’s best known fund manager has seen his empire start to crash and crumble today with a suspension of dealings in his flagship fund. Some in the corrupt deadwood press, like the Mail on Sunday, were still praising Woodford yesterday. Others have turned bearish over the past few months having previoously drunk the cool aid. But for almost two years we have been calling this out as a debacle waiting to happen, you can see our full, and incredibly detailed, coverage HERE. Site Editor Tom Winnifrith gave a keynote address at UK Investor 2018 predicting exactly what would happen and highlighting numerous red flags. You can see that video, now shown to be UK Investor at its finest, below
2083 days ago
The Mail on Sunday and its freebie loving Personal Finance Editor Jeff Prestridge are promoting a new innovative company in telematics and insurance where the virtue signalling crisp salesman Gary Lineker is a brand ambassador and shareholder. Among Ticker’s named clients is Ingenie.. hang on does that ring a bell?
2194 days ago
In today's podcast I look at FastJet (FJET) - you were warned - Mercantile Ports & Logistics (MPL) - ditto - and Babcock (BAB) where the corrupt deadwood press do their best turd polishing today.
2195 days ago
This is not a story about Milestone (MSG) now known as Catenae (CTAE) or even its former CEO Deborah White who should have been sent to prison for what she did there. Instead it is about a corrupt City broker which deserves to be brought to task.
2204 days ago
The PR machine of Neil Woodford got its pliant servants at the Daily Mail and elsewhere in the corrupt deadwood press to make great play about how the Woodford Patient Capital Trust (WPCT) was about to go into the FTSE 250 Index so meaning that Index funds would have to buy the shares so the share price would go up. Uh Oh! Late last night came an announcement from the LSE:
2817 days ago
There are two matters under discussion in this podcast. First the merger between Aberdeen Asset Management (ADN) and Standard Life (SL.). I am bored by it. It is not what will drive the share price. Second the corrupt way the news was leaked via a corrupt Fleet Street in a way that can only harm private investors. As an "insider" in days gone by I explain exactly how this corrupt and rotten system works.
2857 days ago
I would be lying if I said that I agreed with everything that Peter Tatchell said or wrote. I do not, for instance, believe that cottaging is a basic human right which the State should allow. Have sex with whom you want but whether you are straight or gay you should, in my view, not engage in sex in public as that infringes on the rights of others. Having said all of that, freedom of speech is what makes living in Britain vaguely tolerable and over the past forty years Tatch has used that freedom to great effect campaigning not only on LGBT issues but on exposing the actions of Robert Mugabe and many other good causes.
2860 days ago
I recall a couple of episodes from my time on Fleet Street demonstrating the corrupt relationship between PR firms and the press you mistakenly think you should trust. I then move on today's article by Peter Evans in the Sunday Times on the fraud Eden Research (EDEN) which, from headline to conclusion, is misleading, strewn with factual errors and omits the real story of wholesale fraud. It was clearly spoon fed by the PR man, Paul "Queenie" McManus of Walbrook and shows the press in the worst possible light. No wonder so many of us despise my profession, or at least the established dead wood press part of it, so much.
2941 days ago
Long term readers will know that I have mixed feelings about wearing poppies, I still resent the idea that one is castigated for not wearing one but on the other hand I do respect those who have given their lives for this country and don't respect those who abuse poppies or who lambast those who do wear one. As a libertarian I'd like to be able to either wear a poppy or not without anyone passing judgement.
3059 days ago
The Sad Truth: Theresa May is bad, but the others are worse is the headline in the main opinion article in yesterday's Guardian. Author Rafael Behr urges Tory members to vote for May. His qualification for offering such advice is that he is a screaming lefty. A cat offers mice advice on personal safety. Behr is a star of the Guradin in that he is not only wrong on most issues, deriving his conclusions from prejudice as opposed to fact, but he is also a pretentious twat to boot. Thus he starts his piece on why Tories should vote for May on Europe, a subject where May disagrees with the vast majority of Tory party members and voters and 52% of the wider electorate
"Imagine
3535 days ago
I start with a few admin matters. Is Britain corrupt? I have recorded a postcard on that matter on my personal site which you may find interesting HERE. Secondly a couple of corrections on Synety but my stance is unchanged. Then I look at why folks appoint join brokers and then at Patagonia Gold, West African Minerals, China Chaintek and have an explicit warning of bad news to come this afternoon for Big Ray Zimmerman at ZAI Corporate Finance
If you like bearcast you will love UK Investor - book your seats for 18 April HERE
3590 days ago
In today's podcast I look at the PR/Financial Press corrupt deal. I then move into Quindell, Robinson, Cambria Africa, Frontier Mining, what timber prices tell us about general earnings visibility, Gowin New, a new China POS that had been flagged up to me called JQW (target price 0p), the Wandisco pump and dump and Jiasen International.
3848 days ago
Yesterday I revealed how the City’s largest financial PR Company Buchanan is mired in scandal after one of its employees appeared to pose as a private investor to discredit shareholders opposing the (failing) management of a company it is paid £10,000 a month to represent. This appears to be a total breach of industry guidelines and if P45s are not handed out next week then the stench of cover-up will be unbearable. But this is just the tip if the iceberg as I shall explain below.
Needless to say Fleet Street has not followed up on this even though I know (I can track IP) that scores of journalists have read the piece. The journalists do not dare expose the PR firm that acts for more listed companies than anyone else. Cross Buchanan and there will be no hand-delivered scoops and no job in PR when you fancy earning real money. This is a very big story in the financial press but it just will not get covered. That shows the corruption of journalism as well as of PR and perhaps that is why fewer and fewer folks bother reading the deadwood press any more.
Remember how it was websites not the established press that broke the stories of lobbying scandals in politics and sleaze. It was the same principle at work.
This morning
