Thursday October 27, 2016
Tom Winnifrith Postcard: Trump is not the threat to World Peace, Crooked Hillary Clinton is
Trump ahead by just 3% in Texas screams CBS another rigged poll - but the shy Trumpster effect shows up clearly
AIM Below 1000 Companies and at 12 year low - part 2


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PV Crystalox – Time to Shut Down Operations and hand back cash NOW. The fat Lady is singing in Chinese

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- Tom Winnifrith

I argued a few weeks ago on that AIM listed solar wafer producer PV Crystalox (PVCS) should shut its operations at once and return all its cash to shareholders. The share price is 7.9p valuing PV at £32 million and the company (as at the half year) had net cash of 122 million Euro, £97 million. The company reported a steep first half loss. And things are only going to get worse.

The very well paid directors argue that they have taken remedial action; they operate in a long term growth industry, blah, blah, blah. The facts are rather different

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