nail in the coffin

460 days ago

Pure Gold: another nail in the coffin, lid almost shut tight

Nigel Somerville has long warned you that Pure Gold (PUR) was a nailed down zero. News today suggests that he would be justified in pouring a good quantity of ouzo on his cornflakes this morning.

2391 days ago

Another shocker from Crowdcube, another nail in the coffin for Purplebricks

Yesterday I flagged up the crazy valuation of Doorsteps.co.uk and how, egged on by some misleading marketing, it had managed to raise large sums on crowd funding website Crowdcube. Thus it now has cash - which it will burn fast on its flawed business model - but which will put even more pressure on prices and volumes at Purplebricks. Sadly it is not an isolated case. Meet I Am The Agent Limited.