TomWinnifrith.com

I start with the announcement late last night from FastFoward Innovations (FFWD) the overvalued investment company run by my good friend the offshore based asset stripper Mr Jim Mellon. I move on to the FRC dealing with Russell McBurnie the disgraced ex FD of RSM Tenon and discuss book cookers, fraudsters. Sam Antar theories and crime and punishment generally. I look at Akers Biosciences (AKR) where book cooking ahead of a placing is alleged, at Zenith (ZEN) and at LPA (LPA) where i would not bottom fish after today's warning for a variety of reasons. Then I note MySquar (FRAUD) is down to 1.15p and I ask John Meyer of SP Angel once more if he will act or is he happy to wash his hands and turn a blind eye to crime. Tonight is a 6 mile training walk and Joshua and I will do two miles this morning. With Gift aid my charity walk on July 28 has now raised almost £10,000. I explain exactly what that means to Woodlarks. If you have not donated, please chip in now with a tenner to get us over £10,000 HERE

A leading Australian Newspaper has revealed that “broke” estate agents are quitting Purplebricks (PURP) in Oz in droves as the market slows. They claim the business model is flawed. Maybe as the UK residential market slows similar cracks will appear here.  Remember Aussie growth is one way Purplebricks claims it will start to move out of the red in a material fashion. Perhaps not. The AFR reports:

In another GDPR non compliant mailing from snowflake liberal spammers SumofUs a bird called Anna Liberadzki asks me for £2 to ensure Donald Trump is met with massive protests when he lands in the UK.  Anna, as is the way with SumofUs, just cannot help but tell lies.

Okay despite all the harsh ( but arguably fair) things I have said about him, thirsty Paul Scott has just donated £50 to the Woodlarks sponsored walk charity appeal so I am going to be nice about him for a while unless he has a twitter meltdown. Chaka Khan. Chaka Khan. Cheeese. Anyhow surely you can follow Paul, watch this video HERE to see the great works Woodlarks does then donate a few quid HERE. In the podcast I take MySquar (MYSQ) apart, John Meyer at SP Angel needs to wake up, listen and get off his arse. I also look at Frontera (FRR) - bailout placing at 0.3p? - IDOX (IDOX) and Herencia (GER)

I was flamed on twitter by a cluster of IRA apologist Republicans yesterday for suggesting that their approach to reconciliation and bringing communities in Ireland together was somewhat lopsided. 

Flip Flop Ben Turney, formerly of this Parish, insists that this email to shareholders in Teathers Financial is private and confidential. I can see why, as it is bollocks he would not want subjected to outside scrutiny. Naturally it has found its way to Winnileaks so I publish it in full. 

In a terse statement today, IDOX (IDOX) has fessed up to the reason why auditors Grant Thornton quit the gig. Deloitte has now taken on this poisoned chalice, heck anything for a fee boys but they should be warned.  Grant Thornton says it handed in its notices because of “challenges during the conduct of the statutory audit of the financial statements for the year ended 31 October 2017 strained the working relationship with the Board.”

Though he is an on-off smoker and a man not averse to a bottle or three of wine at lunchtime, my friend the bear raider Lucian Miers, the Bard of the Boleyn, is becoming a bit of a health freak these days. “I can’t file Friday as I am on a three day walk across the downs”. That is his catchphrase these days. And to think that it used to be “get another bottle in, I’m just nipping outside for a fag.”

I explain why the FD and CEO of FootAsylum (FOOT) must be fired at once after today's profits warning. I forgot to say that any company holding and announcing an "analyst teach in" - as Rob Terry used to do - is almost an automatic sell in my book and FootAsylum is an offender in this respect. I also look at FastForward (FFWD) and explain why I think Jim Mellon has sinned, albeit legally. I cover UK Oil & Gas (UKOG), Andalas (ADL) and McCarthy & Stone (MCS). In terms of the walk we are now well over £9,000 with gift aid and ahead of a training walk in the rain tonight I ask again. Most bearcast listeners are enjoying my suffering but are yet to help Woodlarks with a donation. Please, I am sure you can spare a tenner HERE

I am confused. This morning the Peter Tatchell Foundation run by the great and heroic civil liberties campaigner Peter Tatchell has launched a new report and sent out the following tweet. Of course Tatch is right that any tourist spot that is homophobic is kicking itself in the gonads and it is also acting in a way that is morally unacceptable. However it is the claim that the LGBT community has far more dosh to splash than we poor straights that interests me.