cash shells

225 days ago

Tom Winnifrith Bearcast: Bit political, bit political..I'd rather eat my own toes

In today’s podcast I end with an event the Mrs is going to but which I shall pass on. Before that Scholium (SCHL) and the maths of leaving AIM if you are a good company, Probiotix (PBX) , Amaroq (AMRQ), I bet anyone a fiver it will not exist in 5 years, Energy Pathways (EPP) and Evil Banksta and Beacon Energy (BCE) and pointless cash shells.

1641 days ago

As cash shells go…..this is worth a small punt

Most cash shells are the results of failed businesses and have sod all cash and are run either indirectly by Peterhouse Corporate Finance or by out and out scallywags or in some cases both. And most now trade at massive premiums to net cash and have a shareholder list comprising Bulletin Board Morons diluted to oblivion and scoundrel flippers brought in by Peterhouse and waiting to flip into the first ramp. But here is one that is different and worth a small punt.

3465 days ago

Tom Winnifrith Bearcast: Cash shells & ramping - a recipe to lose you money

This seems to be the ramparoonie de jour - cash shells and investment companies. Valuations can be crazy but if you get suckered in by the rampers you will lose money. I explain when I would invest in a cash shell and when you should not. I discuss what valuations should be and flag up some well known rampers. Mentioned en passant are: Glenwick (GWIK), CEB Resources (JUNK) - now known as Andalas -, FastForward (FFWD) and Adam Reynolds.