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Tom Winnifrith Pancake Day Bearcast - talking of flipping: MX Oil

Tom Winnifrith Tuesday 9 February 2016

 

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Just a reminder that it is Shrove Tuesday or, as younger folks might say, Pancake Day. Next up I shall be asking what you are giving up for Lent? I shall be giving up expressing my undiluted admiration for Britain's leading chanteuse Ms Cheryl Cole. Back to shares and I discuss what is real asset backing and what is it worth with relation to Allied Minds (ALM) and Cambian (CMBN) and a piss poor trading statement from Tungsten (TUNG). I express some displeasure with MX Oil (MXO), now off any buy list, and then move onto Servision (SEV) which is heading to where Motive TV (MTV) is now - off another 50% at 0.00p 

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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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FREE Podcast: ShareProphets Radio Edition TWENTY with Tom Winnifrith: Fake valuations, sectors thare are dead or all hot air, Versarien & more

There are no guests in this week’s show which is sponsored by Open Orphan PLC (ORPH). It is just me sitting in the Greek Hovel. I start with the Election, move on to the odd events at Versarien (VRS), sectors deemed to be scorching hot and others where death is not yet discounted. I look at fake IPO valuations and consider a possible case of securities fraud on AIM. If you like this and can’t wait seven days for more of the same and are tired of being a cheapskate you should listen to my Bearcast every day.

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