Tuesday December 12, 2017
Photo Article: Global warming deep & crisp and even in Shipston
This week it is CNN that serves up the mega fake news on Donald Trump and has to fess up
Photo article - real building progress at the Greek Hovel, the Bat room has a floor!

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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Telit Communications: what the bears saw, it's about the balance sheet stupid

Please share this article with your comrades in revolutionary capitalism

- Tom Winnifrith

After my earlier story about the covenant breach which is, I am increasingly sure, a smoking gun, I explore some trends shown by the financial statements of Telit Communications (TCM) that may have been some the red flags that resulted in hedge funds making Telit the most heavily shorted AIM company - this is all about the balance sheet. It also highlights why some type of fund raise, equity or debt, was almost inevitable in May - without it the lights would have been switched off by now.

Read the full article on ShareProphets | Comments
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