Friday March 22, 2019
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San Francisco honours IRA butcher Martin McGuinness for his war record – a crazy cause too far

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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Starcom - le AIM ramp de jour but valuation crackers

Please share this article with your comrades in revolutionary capitalism

- Tom Winnifrith

Those lucky folks who got in on the most recent bailout placing for AIM dog Starcom (STAR ) in March at 1.5p have done brilliantly. The shares now trade at 4p mid and this is now le ramp de jour for certain morons on twitter and the bulletin boards. But the valuation is surely insane at £5.4 million given the ongoing losses, painful lack of tangible asset backing and the inevitability that another placing is imminent.

Starcom makes interactive padlocks and places some store on the latest release of its flagship product Watchlock (Pro version). But

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