Brunswick

548 days ago

GOTCHA! Made.com …they think its all over…..200p to 1p in 16 months

Hurst has not stuck the ball in the back of the net yet but the crowd of bears are on the pitch clutching bottles of ouzo and is that a Fat Lady I see among them?  Surely this disgrace from the IPO class of 2021 is doomed after the latest news? You cannot say that I did not, on numerous occasions, warn you all

2056 days ago

Debenhams – when is a downgrade not a downgrade? When PR spinners Brunswick do Satan’s work

After a share price slump yesterday on media speculation of widespread store closures and other nasties, Debenhams (DEB) has had to put out a trading statement and its use of language shows evil PR spinners Brunswick earning their fat fees as they do Satan’s work, dressing up a profits warning as nothing of the sort.

2603 days ago

Even at the bitter end Bowleven's scumbag boss Kevin Hart treats shareholders with contempt as he falls on his sword

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.

3705 days ago

Globo – what the f**k is going on with its auditors?

Greece based, AIM Cesspit listed software firm Globo (GBO) has today announced that it fired its auditors six weeks ago and has a new firm in place. For a firm whose accounts have come under some scrutiny (see HERE) that might raise a few eyebrows but when you look at the exact timeline you will be truly kebabbed. 

On 17^th May 2013 Globo published its 2012 Annual Report signed off by accountants Littlejohn Frazer. At the AGM held on 10^th June 2013 Littlejohn Frazer was reappointed as auditor.

At some stage in the six months that followed – a helpful fellow at PR firm Brunswick says it was in July – the company changed auditor to BDO. 

On 13^th January 2014 (we discovered today) Globo asked BDO to stand down.

on 16^th January Globo said that it would release a Full Year trading statement on 28^th January – no mention of the audit change

on 28^th January that statement (bullish natch) was published - no mention of the audit change.

Today we are told that: 

"Globo wishes to announce that it has appointed Grant Thornton as its sole global auditor following a competitive tender of three of the top five auditing firms.  

As a result the board requested BDO to resign as its current auditor in favour of Grant Thornton, with effect from 13 January 2014. Grant Thornton is currently carrying out the 2013 Company audit."

Hmmmm