Because of the wholly unnecessary Coronavirus lockdown there is no mass Rogue Bloggers for Woodlarks walk as planned on June 13. Instead I shall walk alone for 33.3 miles around the three biggest fields here at the Welsh Hovel. And having done little training I am not in great shape – I am going to struggle. But I MUST finish as Woodlarks needs £48,000 just to survive so please do sponsor me HERE.As a reminder…Friday 22 May 2020
Abby first sprang to fame starting an online campaign for Ed Miliband. Then she went to University and her dissertation was in how wicked Tory austerity hit vulnerable women hardest. You know that austerity which saw Government spending go up every year. That one. Now loaded down with student debt she wonders why employers are not rushing to give her job offers, Mind you it seems she has penned a few articles for The Guardian and the Huffington Post whiuch she waits for a well paid post suitable for a woman with her skills and talents.. Surely there is an NHS Trust out there with a £50,000 a year post as a diversity consultant where Abby would fit in really well? No? Abby would be a great hire for the BBC Human Resources department would she not?
Over the weekend I hope to bring you photos of a semi complete strawberry patch here at the Welsh Hovel and also of my first long training walk for Woodlarks. I donated £1000 yesterday and young Steve Moore also made a generous gift so we are now at 24% of the £48,000 we need to ensure Woodlarks survives. Please donate HERE. In the podcast I look at Whitbread (WTB), Catenae (CTEA) and at where we are in the gold shares buying cycle, referring to three I own and am very excited: Bluebird Merchant (BMV), Kefi (KEFI ) – no sniggering at the back please – and Xtract (XTR). Again no sniggering.
This gives me real pleasure. Dismissed as a “blogger” by some patronising tossers in the Newspaper world I enjoy seeing our readership here at ShareProphets steadily climb. Moreover we operate on a business model that Fleet Street would find hard to understand. Folks want to access our content so pay for it and our revenues exceed our costs. We innovate and hope to continuing growing to top line so we can invest in content you can’t get elsewhere. Meanwhile newspaper print circulation data for April is out. Ouch.
Writer David Skarica feels that the markets are plateauing at this level and will roll-over later this summer when people realize that the return to normal is anything but normal. David makes comparisons with today’s charts to Japan in the 90s.
I discuss rocketing unemployment – and we ain’t seen nothing yet, shares making higher ground and folks paying to lend money to the Government. It is all insane yet, on balance, I remain a bull of shares. Then I look at how nothing has changed with regard to executive greed citing three examples I have covered elsewhere today. There is a fourth which makes what I outline today seem like a nothing issue. It is linked to shameless stock promotion and I will expose it all at the weekend in a new premium, i.e. we charge 99p, podcast to replace Shareprophets Radio. Media models based on advertising and sponsorship are, in my view, dead. I think 99p for a 2 hour video & audiocast is a fair price but what do I know? Finally, we are now at 20% of our target at Rogue Bloggers for Woodlarks. Help us get to 23% by tomorrow, please donate HERE
Oh dear, oh dear, ShareSoc is determined to make itself look ever more ridiculous. Not by defending its accounts being cobbled together by a former board member’s son, an undeclared related party transaction in the years when he was on the board, but over the Burford v LSE case where the judge openly laughed at and ridiculed Sharesoc’s intervention on behalf of Burford (BUR).
Say what you like about AIM dog Angus Energy (ANGS) but it has provided us all with a colourful cast of characters during its short and inglorious history on the AIM Casino. Right now, the man at the helm is Lord Lucan but how lucky does he feel in having as his non-executive chairman, a fellow Irish aristocrat Paddy Clanwilliam. Paddy also sits on the audit committee and is paid £68,000 a year for his sterling efforts.
I outlined at the weekend how the Government will now lie about Covid 19 in a most brazen fashion and will make appalling policy decisions which only compound previous blunders, simply to cover up those initial blunders. The media and oposition almost all went along with the GroupThink response to Coronavirus so find it hard to offer questions now, other than on minor issues of implementation. But some in the media go further spinning outright lies on behalf of the Government in its hour of need. Today’s Daily Telegraph serves up a real shocker as you can see below.
Uber dog Iconic (ICON) is still losing money. But that is not the real story here.
Great stuff Lord Sumption. you are the voice of reason.