PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH
My sister T spent her entire school career coming home from exams insisting that she had screwed up. It would subsequently emerge that she had finished top of the class every time. Okay my hard working younger sister did not get into Oxford but she gained entrance to a place in the Fens which is, I gather, almost as good.
Thursday 15 August 2019
My sister T spent her entire school career coming home from exams insisting that she had screwed up. It would subsequently emerge that she had finished top of the class every time. Okay my hard working younger sister did not get into Oxford but she gained entrance to a place in the Fens which is, I gather, almost as good.
In this fifth edition of the ShareProphets Radio podcast sponsored by Riverfort Global Capital, this week, in order I discuss the morality of short selling or writing bearish articles, I interview a saint ( well in stockmarket terms) Malcolm Stacey who though a moral man is highly opininiated and has a tip or two, then I discuss Burford (BUR) then it is part two of the Sam Antar interview in which the king of the fraudsters looks at today’s fraudsters, Elon Musk & Tesla, AliBaba, we cover Burford and useless accountants and so much more. Enjoy. If you like this and can’t wait seven days for more of the same you should listen to my Bearcast every day.
I am not well as the repeated coughing implies. I have self diagnosed and think I may have bronchitis. Anyhow apologies for more coughing today. In the podcast I look at Tomco (TOM), Conroy Gold (CGNR), Sports Direct (SPD) and at Kier (KIE).
I have been a bad boy this year, doing very little olive pruning. But I have done a bit, using my axe to take off shoots coming from the base of some trees. For shoots on upper branches I have taken advice from George the Architect and not removed all the shoots, leaving a few of the biggest ones as they will be the olive bearing branches of 2020. But what will the 2019 harvest be like?
In today’s bearcast I look at shitty little gold plays like Conroy (CGNR) and Condor (CNR) at their relationship to the gold price. I cover Burford (BUR) noting today’s interventions from two giants of the investment world: Carson Block of Muddy Waters and Roger Lawson of ShareSoc. I look at Providence Resources (PVR) a comedy set to end in tears, at Diversified Gas & Oil (DGOC) a tragedy set to end in tears and also at Neil Woodford and that Cenkos (CNKS) profits warning.
Just to show that bears can tell jokes, here’s a Burford (BUR) tweet from Matt Earl. the Dark Destroyer.
Bear raider Carson Block and his Muddy Waters outfit have hit back hard at the Burford (BUR) rebuttal of his original dossier. Carsons says allegations of market abuse are a smear and part of the nornmal target company playbook and he’d be delighted to assist the FCA. On the substantive points in the original dossier Carson says the Burford rebuttals don’t wash. This is a very good response by Block and appears pretty compelling to me. The full rebuttal of the rebuttal is below:
In today’s (long) bearcast I look at Burford (BUR) asking questions of bulls and bears, at Thomas Cook (TCG), surely a slam dunk short at 8p, at Cabot Energy (TOAST), ADM Energy (ADME) and finally at Seedrs where the PR bird is trying to bully me into publishing a falsehood. She is picking on the wrong man. maybe she confuses me with the spineless financial illiterates and PR cocksuckers at the deadwood press?
In today’s bearcast I discuss Luke Johnson and British and American cultural attitudes to a career setback. Then I see how the deadwood press think that appointing Alison Rose as the new Biggest Swinging Dick at RBS will end its macho culture. It really is so much hogwash.
We said on Friday that our fellow Quindell (QPP) exposers Gotham City would publish a Burford (BUR) Dossier this weekend. Limp dick deadwood press PR cocksucking journalists, notably at the Sunday Times, published exactly the same story as “news” on Sunday. And they wonder why serving up very sloppy seconds, copied from internet sites, sees their readership numbers continue to fall? Anyhow the Gotham dossier is live and we republish it in full below. To be honest it is a bit pompous and self praising but when it comes to hard analysis it offers little new.
