Friday October 20, 2017
My students built Lego sculptures said the queer feminist Sussex University lecturer
Would you Adam and Eve it? Breakthrough at the Greek Hovel it is all systems go
OECD tells the peasants of Britain to vote again on Brexit to save economy but do you remember its lies from 2016?

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

Tom Winnifrith Bearcast: the horrid truth behind Doorsteps.co.uk, a crowdfunding scandal and hot Telit gossip

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Yesterday I discussed Doorsteps.co.uk which claims that it will flog your house for £99. I now look more closely at its history and the utterly shameless way that Crowdcube raised £400,000 for it; at the fact free and unquestioning BJ's its 19 year old founder has received from Fleet Street and speculate about how bad its metrics really are. That it has raised cash so easily is bad news for Purplebricks as it is now funded to nibble at its market share and so will be others until they all go bust. But it will be too late for Purplebricks by then. I then have hot gossip on Telit (TCM) which shows up the FT's dictation from PR men taking hacks for the fools they are and reinforces the shorting case big time. I cover UK Oil & Gas (UKOG) and Conroy Gold & Natural Resources (CGNR), both need to place ASAP and in both cases it will be ugly. I also remind you again what UKOG is NOT saying.

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FRAUD: MySQUAR fesses up to error in profits warning but still will not answer the big question re FRAUD

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What on earth is clueless Nomad SP Angel thinking? Its client MySquar (MYSQ) last week issued a (lack of) profits warning which means that it has either committed securities fraud or merely a massive breach of AIM Rule 11. Investors need to know what its sales were in July (as opposed to the July-September average given) in order to know how bad this will be. I have pressed SP Angel to force a statement and indeed the retained broker Beaufort has - to its enormous credit - also pressed but instead...

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Would you Adam and Eve it? Breakthrough at the Greek Hovel it is all systems go

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It has only taken three and a bit years but the final planning consent has now arrived. We can now start putting a roof on the Greek Hovel and extending it to more than double its original size. George the architect has been in touch and it is all systems go. However, there are, Greece being Greece, a few minor issues.

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OECD tells the peasants of Britain to vote again on Brexit to save economy but do you remember its lies from 2016?

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The OECD, aka a think tank run by and for the vested interests of the 1%, the global elite, has today urged Britain to hold a second referendum on Brexit and to vote the right way. Naturally the BBC and the rest of the liberal media is loving it and not bothering to point out one little inconvenient truth, that the OECD is a proven Brexit liar.

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Tom Winnifrith Bearcast: The FT takes dictation from PR man for Telit again and spouts hogwash ... and other morons

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Remember when the FT said Inmarsat (ISAT) was going to bid 140p a share for Avanti Coms (AVN) then at 30p now at 7.26p offer? Today it had a scoop on Telit (TCM) which the company has commented on. There is a grain of truth in the FT scoop but so much of what it writes is just PR spin as I demonstrate in this podcast. I hope the journalists responsible feel soiled and dirty. As for Telit I explain the various scenarios and why the downside is huge whatever happens. I cover UK Oil & Gas. A moron reckons he is going to make money by not paying to read ShareProphets and buying more UK Oil & Gas shares instead. Since his silly email the shares have lost another 14% and are now 4p bid. Next stop 3p then 2p then whatever. Truly the moron will be rich. Not. Then I rant about how troubled Interserv (IRV) lied to investors regarding the reason why its FD left and why that matters. 

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My #1QuestionforHillaryClinton - guess who paid Bill's legal bills during the Monica Lewinsky scandal?

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You really could not make this up. I am almost rapturous.  This is karma at its best. You will remember that Monica was an 18 year old intern in the White House. Her boss, Bill Clinton insisted "I did not have sex with that woman". Well maybe it does not count in Arkansas but I reckon getting a blow job in the Oval Office comes pretty close. In the scandal that followed B ill racked up some hefty legal bills while his wife, Lady MacBeth, fought up for exploited young women in the workplace by calling Monica a "narcissistic loony toon." Anyhow so who paid Bill's bills?

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African Potash litigation update - now almost 100 claimants

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There is another update on the potential claim against Nomad Cantor Fitzgerald for its negligence in allowing the fraud African Potash (AFPO) to post utterly untrue statements to ramp its shares ahead of a rescue placing. Peter Petyt who is co-ordinating a claim for more than 100 aggrieved shareholders writes:

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Purplebricks - that race to the bottom: meet Doorsteps.co.uk & flog your house for £99

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Will Purplebricks (PURP) ever generate real profits from its UK Business? No. I have noted before that its business model is flawed and one reason is the race to the bottom on pricing. Meet the UK's 18th largest estate agent, Doorsteps.co.uk, and flog your house for just £99.

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