Thursday May 23, 2019
Photo Article - a Woodlarks training walk up the River Dee
Photo Article from the Welsh Hovel - this is what I do when not writing or walking
Photo Article update from the Welsh Hovel - a sight to delight daughter Olaf

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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Tom Winnifrith Bearcast: Reach4Entertainment shares are a buy but I do not believe a word of today's trading statement & its PR men should be shot at dawn

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- Tom Winnifrith

I start with why this bearcast is late. I got back very late from London where I was watching my daughter play Harold Wilson in Made in Dagenham and she was brilliant. So too was the musical. Well done Olaf although you are wrong about the gender pay gap! I look at the market bounce and the shit that is leading it. I look in  real detail at the trading statement at Reach4Entertainment (R4E) where I am a shareholder, at Woodford dog RM2 (RM2) which is going on a one way trip to the vets in a fortnight and also at Woodford Patient Capital Trust (WPCT). Post bearcast it announced its NAV at 85.93p which means gearing must surely be through the 20% barrier. I also look at Optibiotix (OPTI) and the warrant exercise issue.

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