313 days ago
Oh dear, oh dear as my old pal the disgraced tipster Mike Walters used to say when one of his shite tips went tits up. Cash guzzling almost bust Tern (TERN) is the sort of rubbish Old Mother Walters would have tipped in the Mail in his heyday as he promoted frauds like Minmet, Polly Peck, 3DM, Pursuit Dynamics, etc etc. Today there is more bad news ahead of next week when there will be even more bad news.
1114 days ago
Oh dear, oh dear, oh dear. That used to be the catchphrase of disgraced penny share tipster Mike Walters of Minmet, 3DM, Polly Peck, Pursuit Dynamics, etc, etc infamy. I wonder if he will be using it today as the Verditek (VDTK) dog he has promoted so aggressively has coughed up to another lack of sales warning. It means that a bailout discount placing is inevitable within the next couple of months but natch the company, chaired by Tory Toff Lord Willetts, polishes the turd.
4078 days ago
Oh dear oh dear oh dear. Will I get sued for libel for saying that Pursuit Dynamics is a shambles and that those who organised a £5.4 million placing at 3p in December have a few questions to answer? Well hell’s teeth, Cenkos Securities please join the queue if you are offended. The company has today published its results for the year ended 30th September but the new board says that since it will miss its revenue targets for the first half of this year it will be shutting down all its businesses and trying to realise value for shareholders from its IP. Yeah right.
4149 days ago
What do the following companies have in common: Pursuit Dynamics (LSE:PDX), Vialogy (LSE:VIY), Proteus International and Firecrest? Two of the four have sent me lawyers letters about articles I have written. Those two companies no longer exist. I am still writing. So that is not it. In fact all four have two things in common.
4162 days ago
I continue to regard AIM listed Pursuit Dynamics (LSE:PDX) as a total joke of a company and the fact that it has raised another £6 million at 3p to keep the show on the road does not alter the fact. This enterprise has consistently had its “world changing” technology out for trial after trial after trial and no-one seems that keen on handing over hard wonga to utilise it. That investors have stumped up £6 million reminds me of the description once applied to someone engaging on a second marriage: the triumph of hope over experience. With the share price now at 3p where does this leave Pursuit?
