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Tom Winnifrith Bearcast: how to value a near zero revenue Green Zeitgeist play like AFC and will a banking crisis sink the Alison Rose?

Tom Winnifrith Sunday 26 July 2020

 

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AFC Energy (AFC) is the debate of the day and I start with a few thoughts on the problems of valuation. I end with another zeitgeist theme – the self-entitlement of the public sector and where that leaves we wealth creators. In my case, it is thanking God that retirement is not that far away!. In between, I ponder whether we will have a full blown banking crisis to dethrone folks like Alison Rose, the virtue signalling poltroon running NatWest, and other top banksters.

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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Tom Winnifrith Bearcast: The Piss Poor Daily Telegraph predicts a roaring twenties...this is why it's totally wrong

I start with how Boris is wrecking the UK economy. I truly despair. Then I discuss the daft comparison with the years that followed Spanish flu. I then move onto the growing banking crisis. Finally, I discuss the idea that industries will change 100% to avoid human contact. I explain why this is not the case with reference to an industry I know well, investor shows. The maths does not stack up and most humans, though not me natch, are social creatures. There is a lot of hot money betting on the world changing completely. It will not.

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