Personal and undiluted views

8 hours ago

Trump’s Killing Spree – how a liberal journalist ignores history to smear The Donald

Most executions in the USA are conducted at a state level. Very few folk are executed for Federal Crimes. But apparently, according to Asawin Auebsaeng and Patrick Reis in Rolling Stone, in allowing the execution of 13 murderers in 6 months, the narrative is “Trump’s Killing Spree: The Inside Story of His Race to Execute Every Prisoner He Could.” Let me put this in context with regard to Bill Clinton.

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1 day ago

Another day – another disgraced penny stock to leave AIM: Morses Club

With its former CEO clearly guilty of insider dealing, with its balance sheet trainwrecked by, as yet unquantified, mis-selling, Morses Club (MCL) has announced that it is leaving the AIM sewer. Why, surely its CV makes it just the sort of company that Marcus Stuttard, the bogus Sheriff of AIM, wants to attract?

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1 day ago

Procook does a Nightcap and plays fast and loose with reality in trading statement

Just like Nightcap (NGHT) yesterday, Procook (PROC) has served up a trading statement which plays fast and loose with reality. Its intent is not to inform but to mislead.

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1 day ago

NFT Investments – you could not make this up

NFT Investments (NFT) likes to describe itself as an “incubator specialising in the market for non-fungible tokens (NFTs).” Some of us view it as a puffed up promote created and run by the chancers Jonathan Bixby and Mike Edwards. For we sceptics today an announcement. As Richard Littlejohn might say “You couldn’t make this up.”

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1 day ago

Srebrenica is NOT a holocaust – listening to kids being brainwashed and taught false history in Bradford

On Holocaust Memorial Day I found myself driving through West Yorkshire listening to kids doing a Q&A with teachers and local councillors in Bradford regarding the holocaust: what caused it, what will stop another one and “other holocausts”.  Natch the panel, playing to a local audience, utterly rewrote history as they downplayed what happened to the Jews, equating it to the “holocaust at Srebrenica” where the victims were all Muslims. Rewriting history is the order of the day as I noted earlier.

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1 day ago

Tom Winnifrith Bearcast: Why Argo really is worth 0p

In today’s podcast I look at nanosynth (NNN) and why its RNS crimes do matter, Argo Blockchain (ARB), Kefi Gold & Copper (KEFI), Reach (RCH), Cellular Goods (CBX) and Colin Bird POS Tiger Royalties (TIR) where data today shows how a recent placing only postponed death.

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1 day ago

Letter to the FCA and AIM Regulation re nanosynth and Market Abuse

Yesterday’s deeply discounted bailout placing at 0.18p will have stunned some shareholders in nanosynth (NNN) who thought, as a result of RNS releases made in August and September, that the company had raised almost £3 million and was fully funded. That was a deceit. I believe that CEO Mark Duffin, PR firm IFC Advisory and Nomad SP Angel may be guilty of market abuse and have asked both AIM Regulation and the FCA to consider the matter.

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1 day ago

Banning the Russians from Holocaust Remembrance Day as we rewrite history just as the Nazis did

Its 2023 so everything has to be a political statement about what is happening now, even when it is remembering events of 78 years ago, the liberation of Auschwitz. And so, on Holocaust Remembrance day we all look back and remember.

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4 days ago

Cross dressing Sir Grayson Perry & BBC Radio 4 on the shame of being English

Cross dressing artist Grayson Perry graced BBC Radio 4’s flagship “Today” programme this morning and engaged in a wide ranging chat with the sycophantic presenters. If he goes to the Coronation he intends to wear a dress he said. I bet the ranch he is exactly the sort of chap who will be invited by woke King Charles to show the diverse nature of a modern Britain.  So what if 99.5% of chaps opt not to dress as birds ( a word now set to be banned so I shall use it more often), it is important to invite as many of the 0.5% as possible to show what Britain really looks like. And that brought us to discussing regions and the four home nations.

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5 days ago

Photo article from the Welsh Hovel - a home grown winter butternut squash and leek soup

After last night there is just one butternut squash from the summer left in my larder. But it is large enough to make two soups. The last twenty or so leeks are still left to be picked in my garden.

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5 days ago

Argo Blockchain woeful December update & things can only get worse!

Oddly, Argo Blockchain (ARB) has only now disclosed that its Helios bitcoin mining facility in Texas (now sold) was shut down by bad weather for most of December. Normal companies might have mentioned it at the time but since when did disgraced CEO Peter Wall give a FF about the rules?

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5 days ago

EXPOSED: Sarah Willingham and Nightcap deceive investors again: bailout placing inevitable.

There is today, finally, as I demanded, a trading statement from Nightcap (NGHT) the financially challenged bars chain of Sarah Willingham of Dragon’s Den “fame”. But it is hugely misleading, on an industrial scale, and the underlying position is grim, sales are falling and a cash crisis is looming. This is the pump before a bailout placing dump. Let me explain why an update described by the ghastly Willingham is not as she claims “positive”. Not at all.

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5 days ago

The curse of Julie “Lingerie on Expenses” Meyer – strike off order at Lattun 1 day after she joins board

This is not quite what you might expect from someone awarded an MBE for services to business at the behest of Rob Terry defender Vince Cable. But then again, why someone fleeing a High Court Arrest warrant and under an FCA criminal investigation still has a gong as something of a mystery. But back to Lattun.

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5 days ago

Essentra – 2022 pre-close trading update, still a relatively lower-risk Buy?

Essentra (ESNT) has issued a full year 2022 pre-close trading update including that its “resilience is supported by its breadth of customers, market categories, geographies and acquisition momentum” and confirming an intention to return approximately £150 million to shareholders this quarter. So what of a current 218p share price?

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5 days ago

Tom Winnifrith Bearcast: if Nanosynth was US listed its directors & advisors would be getting an SEC collar feel

I dropped my two year old off at school for the first time today. I am sure every parent knows that moment well. I move from that onto Nanosynth (NNN), a scandal for all concerned where my warnings have been 100% vindicated today. So its ouzo there but also at Canadian Overseas Petroleum (COPL). I look in detail at Eden Research (EDEN) and cover Anglesey Mining (AYM) and Trevor Brown’s POS Braveheart (BRH)

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5 days ago

Photo Article: The Greek Hovel is almost booked out for the summer of 2023 and here's why

Having restored a hovel which will be 100 years old next year into a quite amazing eco palace I’d want to live there all year round. But my young wife has a career in Airstrip One and so wer must all stay here. And so when we are not in the Mani peninsular in Sourthern Greece, the eco palace is now avaiallable to rent. The pool season is May 1 to October 31 and the nearest airport (Kalamata) is open for direct flights from the UK April to the end of October. It is less than an hour away. If you like crowds and noise this is not for you.

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5 days ago

India Willoughby, Britain's leading transgender activist says their treatment just like the Holocaust

The British state has not shut down 1 trans business. It has not transported one trans person. It has not organised a Kristellnacht for  the trans community or barred trans folks from working in a range of jobs. It has not killed one trans person. It has not denied them equal rights with the 99.6% of the population who don’t identify as trans or the 99.95% who have not had operations to transition. Yet India Willoughby says that, bar the camps, folks like her are being treated as trhe Jews were by the Nazis.

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5 days ago

Funded by you, Manchester Art Gallery urinates on all taxpayers

Manchester Art Gallery sucks greedily at the teats of numerous taxpayer funded organisations. So you, dear reader, fund its activities as the UK tax burden hits the highest level seen in 70 years. With that in mind, I invite you to consider the thread below, images of the display signs currently up. As someone working to pay tax 365 days a year, boy am I glad how my money is spent. Let’s play woke & historically inaccurate bingo shall we?

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5 days ago

Bobby Sands the baby murderer and those who want a United Ireland

I explained the other day why Northern Ireland does not have a Catholic majority or a majority who want a United Ireland, whatever the BBC and the rest of the media GroupThink might tell you. The key “swing votes” are those who identify as Northern Irish, largely of a Protestant background but now saying they have no faith, folks we might term Garden Centre Unionists. And this brings us to Bobby Sands.

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5 days ago

Tap Global IPO – You is 'avin' a Turkish: this is a truly mad valuation even by the standards of shitcoin

I today asked the advisers to Tap Global (TAP) which joined the Aquis lobster pot today via a reversal into Quetzal Capital to justify why Tap was worth £20.5 million and 4.5p and the enlarged group worth £32.2 million. There has been no answer. Why? Because even by the standards of shitcoin and crypto-shite this valuation is bonkers. It’s a car crash in the making and shames all involved.

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5 days ago

Canadian Overseas Petroleum – Letter to FCA as disclosure rules broken again, does anyone care?

Not for the first time I find myself writing to the FCA as the regulator, no sniggering at the back, of the Standard List. And not for the first time it is about Canadian Overseas Petroleum Limited (COPL) which appears to be in terrible financial trouble and is now, apparently, breaking listing rules. This company’s shares should be suspended at once pending a statement. The letter is below.

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5 days ago

EXPOSE: Canadian Overseas Petroleum - once again hiding the grim truth from its shareholders

Last year ShareProphets highlighted how standard listed Canadian Overseas Petroleum Limited (COPL) had defaulted on its main credit agreement but then raised $8 million of fresh equity at 20p a share without revealing the default to prospective investors. Canadian hid the default for four months before it finally published its annual accounts and buried the details of the default in the notes.

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5 days ago

EXPOSE: Julie "Lingerie on Expenses" Meyer caught lying again, does the High Court and FCA know about this?

Julie “Lingerie on Expenses” Meyer, does not appear to have turned over a new leaf at the start of 2023 as the filing made at Companies House on January 3 which is below, appears to show. Meyer kicks off 2023 by lying.

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5 days ago

Tom Winnifrith Bearcast - a long term investment I shall never see, its for Joshua and will probably fail

I start with that investment c/o my pal Dave from Chester Zoo, Then I look at Eurasia Mining (EUO), Okyo Pharma (OKYO), Eden Research (EDEN), Nanoco (NAN) – which I may have misnamed in the podcast – Cellular Goods (CBX) and Frontier Developments (FDEV). Tomorrow I have a Julie “Lingerie on Expenses” Meyer treat for you all. It seems she has been a naughty girl (again).

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5 days ago

Here are some temperatures the BBC is not reporting on: can you think why?

Oddly the BBC’s climate change correspondents are not reporting on temperatures in Siberia this week. You may remember their pitiful attempts, aftering being flown in on a private plane, to show you how global warming is melting the tundra a couple of years ago. But following on from its fake news on the death of European skiing thanks to global warmingg, oddly the BBC has not been back to Siberia.

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6 days ago

BREAKING EXCLUSIVE: Boatman Capital letter to BDO re "Independent" review of Home REIT

Shares in Home REIT (HOME) are now suspended at the company’s request despite it insisting that allegations made by Viceroy Research and Boatman Capital are groundless. BDO London is now investigating those (groundless) allegations as part of its audit. Boatman has now written to BDO flagging up some new areas of concern. The letter is below. Ouch!!!!

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6 days ago

Durban Holdings & David Beckham promoted Cellular Goods – why Bixby & Edwards are still making profits dumping stock at 0.7p

At the time of the IPO of David Beckham promoted CBD play Cellular Goods (CBX) in late 2021, the chancers Mike Edwards and Jonathan Bixby held 31% of the equity. Today they are at sub 7.7% and are still dumping. Soon they will be out. But with the IPO at 5p why are they selling at 0.7p and lower? Some, it appears, are more equal than others.

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6 days ago

BREAKING: Versarien, a list of those who got P45s for Christmas and the obvious questions vile Neill Ricketts is refusing to answer!.

I can now reveal a near full list of those staff at Versarien (VRS) given P45s for Christmas by loathsome Neill Ricketts. They are now all, apparently on gardening leave, so not working but still on a notice period so the cash savings will not kick in until late March or later. Those made redundant include some heavy hitters so this list begs big questions.

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6 days ago

Tortilla Mexican Grill Trading statement – a mission to deceive

Tortilla Mexican Grill (MEX) claims to be “the largest and most successful fast-casual Mexican restaurant group in the UK”. Whatever. Having bought out its nearest rival from insolvency there is scant competition. And if its deceitful trading statement out today marks it as the “most successful” I’d hate to see what a failure looks like.

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6 days ago

Buy Fresnillo ( one of our share tips of the year and its already flying)

Fresnillo (FRES) has seven operating mines all of them in Mexico. This impacted it in 2022 with Mexican labour reform challenges adding to the wider ones such as supply chain bottlenecks and cost inflation. In October a third quarter report concluded “remain on track to meet our 2022 full year guidance of 50.5 to 56.5 moz of attributable silver… and 600 to 650 koz of attributable gold production” and just yesterday the company was “pleased to confirm the final testing of the downstream power distribution and control systems at the Juanicipio project is now complete… commissioning of the project has formally begun. Ramp up will now be conducted at pace”.

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6 days ago

Lack of snow in Europe stops skiing claims the BBC, its all global warming. LIES

Today the skiing in Scotland has been stopped because there is too much snow. Will the BBC and the reast of the Mainstream Media GroupThink put that down to global warming and or climate change too? But what about those snow deprived resorts in Europe which the BBC has reported on with so much glee of late. More global warming vicar?

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6 days ago

Tom Winnifrith Bearcast: the argument for not selling rubbish like Red Rock and Wishbone

I start off with why the Times‘ demands for a Sheriff of Tipsters smacks of glass houses and throwing stones. Has its own tipster declared all conflict of interests. Then onto gold, looking at my portfolio and why I have not sold Red Rock (RRR) and Wishbone Gold (WSBN) yet despite my grave governance reservations and their failure to monetise assets whose quality I start to doubt. So why not sell and reinvest in a higher quality play I own like Centamin (CEY), Ariana (AAU) or even Kefi Gold & Copper (KEFI). One reason was the illness that laid me so low I just forgot. But there are others which I explain in the podcast, my second of the day after this photo/podcast from Lake Vyrnwy which has given me great pleasure.

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6 days ago

Tom Winnifrith Bearcast: the wretched Times calls for a Sheriff of online share tipsters

It misses the point. I discuss why as I prepare a second Christmas meal for a ShareProphets reader. It is all part of the service. It could be you next year.

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6 days ago

Iconic Labs year end accounts to 30 June 2022 - further losses and material uncertainty over going concern remains

On 3 January 2023 Iconic (ICON) published its accounts for the year ended 30 June 2022. It showed a loss of £762,107 and the balance sheet now shows £1 of intangible asset and £5 of cash with a deficit on shareholders’ funds of £8,938,520. EHGOF financing fees in the period were £585,000. On 6 January Iconic issued a corporate update which summarised the position which is unless the Financial Conduct Authority lifts the suspension on the company it won’t receive any more cash and will return to administration and the shareholders will get nothing.

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6 days ago

Versarien – where is the statement? Doesn't AIM Rule 11 apply to Neill Ricketts?

In the days before Christmas Versarien (VRS) sacked a large number of employees as I revealed here. This is a material financial event with some folks suggesting that the effect will be to slash the company’s monthly cashburn from £450,000 to £250,000 which implies that the cost of the exercise is at least £600,000 – more than a third of the net proceeds of the most recent bailout placing. So this is material. AIM Rule 11 is clear:

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6 days ago

SHOCKING EXPOSE: The AIM CEO who was made bankrupt and did not tell anybody about proceedings against him

If you are an AIM CEO and facing bankruptcy as a result of a winding up order from those to whom you owe money, surely this is a matter you should let your Nomad know about and also about which investors should be told?  As the document below shows, for Osser the Tosser, Osamede Okhomina of ADM Energy (ADME) that is not the case.

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10 days ago

Jacinda Arden quits before ousted, the liberal left applaud her & lie: she is a totalitarian with covid blood on her hands

Jon Sopel, his former colleagues at the BBC, the Euro loon Femi, the whole of the liberal elite are applauding ghastly Jacinda Ardern for stepping down “on a high” as Prime Minister of New Zealand today. It is almost as “brave” as when Phil Schofield came out as gay just as his 17 year old bunk-up/work junior was going to out him to a tabloid.  The reality is that Ardern’s party is now trailing in the polls and its ratings are tanking fast. Defeat in the October Election is inevitable and that is why Ardern is quitting, whatever little Sopel says below. But what of her record on, say, covid where the liberal left applauded her for the most draconian lockdown in the world, bar North Korea.  Here are the facts and they do not make for good reading:

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10 days ago

Tom Winnifrith Bearcast: Elon Musk businessman of the year or just a mega crook on a roll?

After all Time Magazine made Hitler man of the year 1938 and – I think – made Great Thunberg, the Doom Goblin, Person of the year as well. As folks in Europe and America freeze to death in coming years they will look back on both awards in an unkind way. So what of The Times making Elon its businessman of the year? As Ouzo man starts shorting Tesla (TSLA) again is this a Hitler moment? I also look at Asiamet (ARS), at whether UK retail had a better Christmas than expected and at Quantum Blockchain (QBT), surely a pre-placing pump is underway. 

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10 days ago

Anglesey Mining: using BBC fake news to get away a bailout placing?

With breathless excitement the BBC here in Wales has pumped out an exclusive story which has prompted some of the sheep shaggers to fill their boots with shares in Anglesey Mining (AYM) prompting a bit of a spike in the share price. But it is all bollocks. And a prelude to a deeply discounted placing. The sheep shaggers here in Cymru are going to get their fingers burned. Shame on the BBC for failing to do even basic research. Its article from one day ago is below.

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10 days ago

Canadian Overseas – more bond conversions, easy cash for the death spirial providers, but far worse to come: do the math!

Canadian Overseas Petroleum (COPL) talks of its “bonds” as if it is a proper grown up company. Its Bonds” are a death spiral and today we have more evidence of how the (unnamed) provider is coining it in. Lovely jubbly for it.

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10 days ago

Video: Quoth the Raven - The U.S. has Lost It’s Financial Compass, Tesla to fall another 90%

Chris Irons, the host of the Quoth the Raven podcast, is a foul mouthed libertarian so obviously a good man.

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10 days ago

Nightcap – when’s the (lack of) profits warning?

Spending her 100% cash bonus for last year must be hard for former Dragon Sarah Willingham of NightCap (NGHT). With the company having abandoned its rollout plan because of a major cash crisis and as LFL sales plunged by 15% post year end, anyone with a shred of decency would be handing that bonus back. Not La Willingham, she spent Christmas on a luxury family holiday in Australia. Is she back yet? If so when is the (lack of) profits warning.

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11 days ago

Greek Hovel olive oil prize contest: Face nappy covid madness on the way to Spain - can any mask nutter explain the logic?

Okay mask nutters please explain how this stops the spread of covid and you can win a jar of my finest olive oil from Greece if you can. Just enter your logical explanation in fewer than  200 words in the comments section below.  A friend of mine flew to Spain yesterday and says:

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11 days ago

David Beckham’s Cellular Goods – Bixby & Edwards now panic selling ahead of bailout placing/merger with insolvent cash guzzler

Oh boy this is ugly. The CBD play backed by arch LGBTQ hypocrite David Beckham, Cellular Goods (CBX), is rapidly running out of cash and wants to merge with another CBD company with stiff liabilities and which is burning cash faster than star chef (LMFAO) Brooklyn Beckham can burn his cooking. So quite obviously a major fund raising is needed within months to stave off bankruptcy. However…..

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11 days ago

AIM CEO in a bind, need cash fast - here's the man to go to

Running a shite AIM company, guzzling cash, tank almost empty? In a bit of a bind. Maybe you need to consult a man who is an expert at running such worthless promotes and still raising cash for them time and time again.  There is such a man and he’s keen to help….

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11 days ago

Tom Winnifrith Photo Bearcast: Was this another Zak Mir brown envelope job & should I buy Yourgene?

Eldur Olafsson of Amaroq (AMRQ) thinks I am a member of the British establishment. I explain why I am not. No doubt Sir Arthur Cochrane would view me as he viewed his daughter, my grandmother, as a “traitor to our class” But I am. and explain why with reference to Eldur’s company. Then it is onto Zak Mir and the Okyo (OKYO) scandal. Your link to his video is HERE. And the photo below is of Zak himself relaxing today at the Carlton Club. That is the establishment today which makes me so hostile to it all and determined to be a simple goat farmer. Then I answer a, rather unfair, question on Yourgene (YGEN) before looking at Argo Blockchain (ARB) and Angle (AGL)

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11 days ago

BREAKING: Amaroq and Alleged executive greed: Q&A with CEO and why I still feel betrayed

The new executive “incentive scheme” at Amaroq (AMRQ) has come in for some stick so, below, are some questions from reader T and some answers from CEO Eldur Olafsson. But before then here is why I, as a supportive long term shareholder, feel betrayed.

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11 days ago

Union Jack Oil - you were warned!

The table below is derived from Union Jack’s (UJO) own figures. With a hat tip to the chain smoker, you were all warned.

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11 days ago

After two nights of global warming falling here in Wales – the latest reservoir data is out and exposes the cultists yet again

As I write, the snow, which has fallen for the past two nights, exposing my son for the seventh time in his seven years on this planet to something cultists said he’d never see, is melting and the flood waters here on the river Dee in North Wales are actually receding. But still my fields are flooded as you can see HERE. More importantly we now have data on reservoir levels in the United Utilities region which includes this part of Wales. This data is now the highlight of my week and again shows what tosh the global warming cultists in the mainstream media GroupThink were talking last summer.

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11 days ago

AIM Casino Market December statistics – market hits almost 20 year low in terms of number of listed companies

The AIM Market statistics for December 2022 have arrived. There were 12 cancellations and 2 new admissions in the month so the AIM market ended the year with 816 participants, the lowest since 2003 when AIM was adding more than 100 new companies a year.

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11 days ago

Tom Winnifrith Bearcast: the mystery of the Midas Harland and Wolff share tip

I start with a bit about weather, snow rain and drought. Then gold vs bitcoin, Enwell (ENW), Ferrexpro (FXPO), Harland & Wolff (HAWL), Argo Blockchain (ARB), Powerhouse Energy (PHE) and Pantheon Resources (PANR) before ending with Vast Resources (VAST) where a placing at 0.1p is surely being attempted after today’s incomplete news.

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11 days ago

OUTSIDE ALL PAYWALLS: Letter to AIM Regulation – were Bidstack’s pre placing interims bogus & misleading? Enquiry needed now!

Yesterday there was an admission from Bidstack (BIDS) that its soon to be former business partner Azerion had terminated the venture and had not been paying invoices for some time. This begs the question: were interims released on August 8 2022 bogus and designed purely to pump the shares ahead of the 5 October bailout placing. I have written to AIM Regulation demanding it launch an enquiry.

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11 days ago

Just why does ADVFN put up with this Jew hating conspiracy theorist & shite investor in Bidstack and other frauds

It is a sign of just how much, to its credit, the largely Jewish board of ADVFN (AFN) really does believe in free speech that it still allows the biggest jew hating nutter out their to pollute its boards. But surely there must be a limit? The post below is from yesterday and concerns Bidstack (BIDS) where aidenabettin is long and wrong and insists that any share price weakness is down to a conspiracy between myself and unnamed Israelis.
The post is below the words in bold type are brief comment from me:

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11 days ago

EXPOSE: Tintra – expect selling pressure from Tintra Acquisitions Limited during January 2023

In its business update RNS of 8 November 2021, Tintra (TNT) provided the following information about its proposed restructuring of St Daniel House Limited, the last active corporate entity in what was Boxhill Technologies before it was renamed Tintra:

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12 days ago

BREAKING: Ukraine gets ready to steal assets of Enwell Energy

You are not allowed to say this these days but Ukraine is an incredibly corrupt country, normally ranking 2nd in Europe after Russia for dishonesty. So let me first say Slava Ukraini and that we should carry on sending UK taxpayers cash to President Zelensky’s Swiss bank account for as long as he wants. That was a joke BYW. Back to Enwell Energy (ENW) which looks to be well and truly in the merde.

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12 days ago

BDO LLP & suspended shares – What is going on?

Historically, it was rare for listed companies to delay publication of their audited results. However, it is becoming more common for UK listed companies to have to delay the publication of audited accounts because their auditors have not yet completed their audit work. In the event of severe delays this can result in the suspension of their shares. I have listed below 4 companies which have had to delay the publication of their audited accounts and have had their shares suspended from trading as a result.

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12 days ago

Tom Winnifrith Bearcast: Is this the time that Bidstack's James Draper really does go to jail - questions about the interims

I start with some nerd like comments about river and reservoir levels in North Wales. Bear with me. This will be interesting I promise. Then Bidstack (BIDS) and what questions today’s shocker begs about the pre-placing interims. Surely the Nomad ( SPARK) and AIM Regulation must investigate. Then Okyo (OKYO) where post podcast recording the company has published interims on its website. Technically it missed the deadline and the FCA – whose conversations with me I discuss – must take this further. As it happens the interims are truly appalling and red flag strewn as I discuss HERE Then I discuss Lucian’s two big oil shorts: Pantheon Resources (PANR) and Canadian Overseas (COPL). He is right on both IMHO. Finally a few words on Helium One (HE1)

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12 days ago

Okyo Pharma finally spills the beans – interim results shocker

As I pinged emails to and fro with the FCA about Okyo’s (OKYO) failure to publish proper results on Friday which should have led to a suspension at 7 AM but did not as the FCA is useless, Okyo has ‘fessed to the bad news.

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12 days ago

Canadian Overseas – another dollop of deception and death spiral vicar?

Some things in life never change. There is the beauty, innate sophistication, angelic voice and native intelligence of Ms Cheryl Cole for starters. And then there is the ability of Arthur Millholland to enrich himself while obliterating shareholder value by issuing a blizzard of new shares while spunking other folks cash. Whilst I would like to spend the day considering Ms Cole, instead it is Millholland’s latest gravy train (for him) Canadian Overseas Petroleum (COPL) to which I must attend.

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12 days ago

Photo article from the Welsh Hovel: snow on top of flooding prompts two thoughts

The pictures below show the elevated lawn and Ha Ha and the fields this morning at the Welsh Hovel. As you can see it snowed last night, there is about half an inch on the ground. And the fields are completely flooded. It is a wonderful view and shows my flood defences holding firm. But it prompts two thoughts.

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12 days ago

Cineworld saves the best until the end – its shares really are toast

Maybe it is a New Year’s Resolution? Cineworld (CINE) appears to to have turned over a new leaf and is, via RNS, now giving some commentary on how its equity is slowly being destroyed completely via the Chapter 11 process that kicked off on September 7.

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12 days ago

Bidstack starts the year with a revenue recognition howler: which Nomad signed off on this garbage?

On the 29th December when nobody was watching, Bidstack (BIDS) snuck out the news that Francesco Petruzzelli was quitting as Managing Director and was resigning from the Board. So it ended 2022 with bad news and it has started 2023 with even worse news regarding the bust up with its major partner Azerion.

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12 days ago

EXPLOSIVE EXPOSE: Okyo Pharma – still no real results, the FCA notified and here is what it is hiding!

Okyo Pharma (OKYO) has not updated its website and so has still not filed results which include a P&L, balance sheet or cashflow statement. I have alerted the FCA to this and in a normal world the shares would be suspended. But this is the FCA which will be too busy reading woke porn to actually do anything. So what might Okyo be hiding?

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13 days ago

Tom Winnifrith Bearcast: 4 stocks that I did not quite make my 2023 tips of the year

I discuss manic swings between optimism and pessimism, my own pessimism re the world and UK PLC but my relative optimism on shares. Then I discuss 4 stocks almost making it as my share tips of the year but not quite – 3 sells, 1 buy.

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13 days ago

The ShareProphets 20 share tips of the year 2023 – No 20 is a SELL from Tom Winnifrith

Between Christmas Eve and the start of the trading year 2023 we will be serving up 20 tips – 2 from each of our writers but six (all sells but that may not be true) from me. Twentieth up is a SELL from myself, Tom Winnifrith. I write….

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13 days ago

Another victim of sadistic abuser Geoffrey Eve at Warwick School comes forward to tell his tale

Geoffrey Eve smashed my head against a wall at Warwick School twice in the late 1970s. Those incidents were so horrific that I have almost blotted out the daily terror he instilled in me for one whole year. After more than ten years of campaigning, Warwick has privately apologised to me for the abuse I suffered as it has run an enquiry into historic sexual and physical abuse. Within two weeks, I plan to name a living teacher who sexually abused boys at Warwick and who Warwick protected.

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13 days ago

The ShareProphets 20 share tips of the year 2023 – No 19 is a SELL from Tom Winnifrith

Between Christmas Eve and the start of the trading year 2023 we will be serving up 20 tips – 2 from each of our writers but six (all sells but that may not be true) from me. Nineteenth up is a SELL from myself, Tom Winnifrith. I write….

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13 days ago

Tom Winnifrith postcard - the data lies you are being fed by the BBC and others: Northern Ireland does not want a United Ireland

I refer to another data manipulator, the LGBT campaigner Peter Tatchell HERE. But this is about Ulster and how you are being lied to about Catholic majorities, and the desire for Ulster to be part of a United Ireland if not now then inevitably in the future. I look at the hard data from the 2021 census which the media GroupThink, always sympathetic to the Republican cause, manipulate to post a false narrative. I also discuss the true history of the IRA and the Troubles and what are kids are not being taught as they are encouraged to romanticise evil. Maybe those of us who back Ulster might need to start explaining the real history and facts of “the troubles.” 

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13 days ago

The Greek Hovel is booking up fast for summer 2023, and it is no wonder why

We now have two trips planned to the Greek Hovel for this spring and summer and I cannot wait. Admittedly, at Easter, the pool will not be up and running yet ( it opens on May 1) but we will have time to put the last finishing touches to the track up to the house, but a second clothes hanger and put up a couple more paintings, replace a few light bulbs and install a third lavatory.  What a holiday! The Eco palace will then be complete.

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13 days ago

Tom Winnifrith Bearcast: A rotten end to 2022 for the vile slug & self confessed liar David Williams of Avanti infamy + bubbles bursting for Malcolm and Darren

I start with Williams. Everything that is wrong about fat Tory conceit and sleaze. Then the bursting of the green and pot bubbles and why Malcolm and Darren just cannot see either. 

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13 days ago

The ShareProphets 20 share tips of the year 2023 – No 17 a SELL from Tom, Steve & Lucian

Between Christmas Eve and the start of the trading year 2023 we will be serving up 20 tips – 2 from each of our writers but six (all sells but that may not be true) from me. Seventeenth up is a SELL from Tom, Steve & Lucian and the N50 website. The trio write….

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13 days ago

Okyo Pharma Limited – surely shares should be suspended first thing when the market reopens?

Evil Banksta flags this up on the comments section but this merits a wider audience. This is a disgrace. The great bear, with grammar corrected by myself and a bit of added poison from me, notes:

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13 days ago

Tom Winnifrith Bearcast - I just cannot tolerate executive greed even when the executive is dead

I start with the case of Atlantic Lithium (ALL) and share options for its late CEO. Then I look at why some bombed out stocks will bomb again in 2023 – Malcolm’s green shite – and then at a couple of others that may recover massively next year as I discuss my entry in our readers share tips contest which I urge you to enter HERE 

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13 days ago

Tom Winnifrith Bearcast: Pantheon collapses, boy you should have heard Peter Brailey on September 10

I start with a health update, finally some joy from the NHS and, even before that, I am starting to feel better. Then it is onto Pantheon Resources (PANR), Inspirit (INSP), and Atlantic Lithium (ALL) and share options, incentivising the dead. Then macro calls on interest rates, inflation, the real economy, shares, bitcoin, gold and oil. Details of ShareStock 2023 on September 23 are HERE

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14 days ago

Jack Monroe Part 4 - brilliant expose by Awfully Molly

https://awfullymolly.com/scams-exposed-past-and-present/

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16 days ago

Jack Monroe Part 5 - superb journalism by Awfully Molly

https://awfullymolly.com/2023/01/13/jack-monroe-part-five/

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16 days ago

Powerhouse Energy – yet more directorate changes & another Peel delay: when will this house of cards collapse?

Over the past two years Powerhouse Energy (PHE) has had almost as many directorate changes as I have had inappropriate thoughts about Cheryl Cole. Today there were three more. That is to say directorate changes, not thoughts about Cheryl. I finally got a phone appointment with a GP and am under instructions to take it easy.

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16 days ago

Michael Vaughan vs Shamima Begum – why the BBC does not speak for me, part 567

Mr Vaughan used to captain Yorkshire and England at cricket and until last year worked as a commentator for the BBC at which point he was suspended following allegations from the whistleblower and anti Semite Azeem Rafiq that Vaughan made a racist remark to Asian players in 2009. That allegation made by the anti-semite and alleged sex pest is denied by Vaughan. On the other hand, Ms Begum left the UK to join ISIS, admitted to watching and applauding beheadings in Syria and condoned the attack on the Manchester area which saw a raft of young girls killed.

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17 days ago

The Church of England rewrites history over slavery and bungs £100 million to its "victims"

Nobody seems to care about history being accurate any more. As long as it fits the narrative that English folks were universally bad and that vast amounts of money must be paid to the imagined victims of slavery.  The Church of England buys into this piffle and has produced a big report into its slaving links with especial reference to the South Sea Company and has found £100 million down the back of the sofa to compensate communities that might have suffered. Where to start?

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17 days ago

The ShareProphets 20 share tips of the year 2023 – No 14 a SELL from Tom Winnifrith

Between Christmas Eve and the start of the trading year 2023 we will be serving up 20 tips – 2 from each of our writers but four (all sells but that may not be true) from me. Fourteenth up is a SELL from myself, Tom Winnifrith. I write:

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17 days ago

Iconic Labs – year end accounts to 30 June 2021 - huge losses and material uncertainty over going concern remains

Iconic (ICON) published its results for the year ended 30 June 2021 which showed a loss of £7,697,306. The balance sheet showed gross assets of only £154,056 and a deficit in shareholders’ funds of £8,176,413. The results are primarily for the period before Iconic went into administration on 4 June 2021.

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17 days ago

The ShareProphets 20 share tips of the year 2023 – No 13 a SELL from Tom Winnifrith, target 0p

Between Christmas Eve and the start of the trading year 2023 we will be serving up 20 tips – 2 from each of our writers but four (all sells but that may not be true) from me. Thirteenth up is a SELL from myself, Tom Winnifrith, where the target is 0p. I write:

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17 days ago

Ben’s Creek – more greed and the morons love it, they love being diluted, shafted without lube

Ben’s Creek (BEN) shares have zoomed ahead by 15% today to 24.5p on news that shareholders are being shafted. They seem to love being screwed without lube by disgraced CEO Adam Wilson of Atlantic Carbon and Daniel Stewart infamy. Words fail me.

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17 days ago

Jubilee Metals – Zambia and Corporate Update, making further progress

Jubilee Metals (JLP) has issued a ‘Zambia and Corporate Update’, including noting “successful completion of the water infrastructure upgrade at its Roan Project and continued advances in the production of cobalt and copper from waste at its Sable Refinery in Zambia”. So what with the shares currently at 10.25p in response?

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17 days ago

The BBC rewrites history regarding Sir Francis Drake

Some crackpot school in London has renamed itself as it does not wish to be linked to Sir Francis Drake because he was an evil slave trader. Except that he was not. The BBC is keen to whip up more fake history and has joined in the battle as you can see below.

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18 days ago

Tom Winnifrith Bearcast: GOTCHA Chill Brands but Argo postpones death by a year

In today’s Bearcast I discuss Chill Brands (CHLL), which fesses to another TW Gotcha, as it serves up piss poor numbers. Then Cellular Goods (CBX) which I cannot see digging itself out of a hole of insolvency. Finally Argo Blockchain (ARB) which has merely postponed death by 8-15 months with today’s announcement. The target is still 0p.

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18 days ago

The three Align Research share tips of the year for 2023 - heck one of them I own

For what it is worth here are the three share tips of the year from Richard “nobody likes me and I don’t care” Jennings of Align Research. 

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18 days ago

The ShareProphets 20 tips of the year 2023 – No 6 is a SELL from Tom Winnifrith

Between now and the start of the trading year 2023 we will be serving up 20 tips – 2 from each of our writers but four (all sells but that may not be true) from me. Sixth up is a SELL from myself.

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18 days ago

BREAKING: Eden Research – why can’t the fraud Eden and TerpeneTech agree on what are related party sales?

Eden’s (EDEN) 29.9% owned associate TerpeneTech Limited has finally filed its statutory accounts for the year ended 31 December 2021 on 19 December 2022, almost three months past the due date of 30 September 2022.  

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18 days ago

The 30 most read articles of 2022 on TomWinnifrith.com

For what it is worth these are the 30 most read articles on this website during 2022. And there are some bloody good pieces here using the sort of hard data that the mainstream media ignores as it carries on spouting GroupThink gibberish. Enjoy.

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18 days ago

Video: The Inflationary Nightmare – Biggest Bubble to Biggest Bust warns Peter Schiff

Maybe this time Mr Gloom will be correct. Investor, commentator and libertarian Peter Schiff has some stark warnings.

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18 days ago

Zak Mir’s Christmas Carol Part 3

“For fuck’s sake you ghastly foreigner and all round oik I told you to sod off” screamed in unison both the world’s leading chartist and CEO of Lift Global Ventures and Aloysius as once again the windows of the chartists luxury apartment were flung wide open by the ghostly apparition. “Nadolig Llawen” said the ghost once again and beckoned the great technical analyst to come towards him.

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18 days ago

Tom Winnifrith Bearcast: Yourgene (again) and not forgetting Christmas 1914 in France with great, great uncle Douglas

I discuss Yourgene (YGEN) again – should the directors be sued? Then I read to you the account of Rev Douglas Winnifrith from France in 1914 as I make a comment or two about Christmas and suffering. I wish you all a very merry Christmas. I must now brave a cold garden to pick the vegetables for lunch tomorrow.

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18 days ago

Zak Mir’s Christmas Carol Part 2

The world’s best known chartist and CEO of Lift Global Ventures had a long discussion with the only bear who should not be serving a life sentence in South Georgia, that is to say Aloysius. They concluded that the ghostly apparition from earlier in the night was a ghastly oik probably a foreigner too, speaking Frog and all that, and so should be disregarded. It really was beddy byes time. But the great chartist struggled to fall asleep. And then….

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18 days ago

Tom Winnifrith Bearcast: Beckham's pot dream up in smoke as I defend loathsome Neill Ricketts

I got up early to do part one of my Christmas Carol series today. I had been lying in bed thinking about it and some of the jokes for hours. I hope you enjoyed it. Part two will be tomorrow when we also start our tips of the year, a series of 20. Today I discuss Versarien (VRS), Cellular Goods (CBX) and “the gang” and Advanced Oncotherapy (AVO) where – with the shares now at less than half of par – matters are getting critical and the final collapse could be imminent.

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18 days ago

Another week of rain here in Wales and in the North West of England for the global warming nutters to ignore: new reservoir data in

I am sorry if this sounds a bit obsessive but I like dealing in facts, that is to say what has happened, hard data.  Those in the Global Warming GroupThink, the followers of the Doom Goblin Greta Thunberg and employees of the BBC engage in wild speculation. And so I return to my specialist subject of reservoir levels here in Wales.

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19 days ago

The lamentable state of the deadwood press: The next Warren Buffett?

Once upon a time the deadwood press investigated crooks.  Now it just recycles press releases and blows smoke up their arses. I bring you an edition of Fortune Magazine from last year as a case study. Discuss.

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19 days ago

Online Blockchain – the fecking nerve of Clem Chambers & some crap results

Words almost fail me. In writing his excuses for another abysmal year at Online Blockchain (OBC), Clem Chambers starts by banging on about ADVFN (AFN) which Online bled dry with bogus charges when Chambers also ran ADVFN and where Online holds a 17% stake. Chambers knows who is to blame for matters at ADVFN. Not him for 20 years of relatives on the payroll, obscene expense claims and grossly inflated pay for him and his mates. Oh no…. Chambers says:

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19 days ago

Video: Inflation, War and Precious Metals All Set to Accelerate Next Year

Analyst Charles Nenner is another cheery fellow.

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19 days ago

GOTCHA! David Beckham Pot Play Cellular Goods – Rats, sinking ship, atrocious results, cash crisis

The David Beckham backed CBD play Cellular Goods (CBX) was listed at 5p in February 2021. Today the shares are plunging ( off 21% ) to 0.75p and things are only going to get worse. I did warn you. Let’s start with the rats.

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19 days ago

Ben's Creek – more related party nonsense, more shareholder cash drained away to MBU

Even Stevie Wonder can now see that the optics here are dreadful. It is as you would expect with Adam Wilson of Daniel Stewart, Atlantic Carbon and Atlantic Coal infamy. It stinks. Today there is another shocking announcement.

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19 days ago

BREAKING: Versarien – folks were fired by email at 5PM last night

I have been reporting all week on the growing story of redundancies at cash strapped Versarien (VRS). The company should make a statement because, according to my source, at 5 PM emails were sent.

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19 days ago

So Headmaster: did you really listen to Alex Renton? Lessons for Warwick School

I flagged up my latest piece on historic physical and sexual abuse at Warwick School to the current headmaster yesterday.  He promised that he would listen to the excellent Alex Renton programme on Radio 4 last night. I listened with a glass of brandy in my hand thinking how much this reminded me of Warwick and almost in tears. It was very saddening but illuminating.

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20 days ago

The absolutely brilliant new Dominic Frisby video - Show me the way to Ancapistan!

Dominic Frisby is a headline speaker but will also be performing a musical set at this year’s ShareStock on September 23. as a hint of what you don’t want to be missing, for all of you libertarians tired of watching the UK head down the pan, here’s Dominic’s new video, his best for a good while, in my view. Enjoy. Show Me the Way to Ancapistan!

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20 days ago

Photo article from the two hovels - the olives are cured

My fellow harvester T had some doubts as to my method of curing olives but ye of little faith.

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20 days ago

Warwick School, protector of abusive teachers please listen to Alex Renton on Radio 4 tonight

It is not often hat I urge anyone to listen to the BBC. But at 8 PM tonight the excellent Alex Renton has a new programme on historic sexual abuse at the UK’s public schools. I urge the staff, Governors and Headmaster of my old school Warwick to listen to Radio 4 very carefullty. For the issue at hand is how schools covered up and protected abusers and Warwick is guilty of that to an extraordinary degree.

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21 days ago

Tom Winnifrith Photo podcast: Lake Vyrnwy and the GroupThink myth of global warming here in Wales

In August 2022 Lake Vyrnwy, about an hour from where I live in Wales, was the posterboy of the Global warming GroupThink cult as I recalled here. I took my kids to the lake today and combine those photos taken with hard data from United Utilities to show how the GroupThink are just so wrong. Not that the BBC or anyone in the Mainstream Media will report it.

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21 days ago

Zak Mir’s Christmas Carol Part 1

‘twas the night before Christmas and the UK’s best known and leading chartist and CEO of Aquis listed Lift Global Ventures was perched on the edge of his four poster bed. His faithful teddy bear Aloysius urged him to consider snuggling up with him underneath his duvet, adorned with the Harrow School crest. But something was playing on the mind of Europe’s leading technical analyst, Mr Zak Mir.

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21 days ago

Tom Winnifrith Bearcast: 57 calls NOT to get a GP Appointment, the useless bloody fecking NHS

I start with a rant. Then I go onto look at Canadian Overseas Petroleum (COPL), why I am less bullish on oil than Gary Newman, Argo Blockchain (ARB), AAA (AAA), Asimilar (ASLR) and Audioboom (BOOM)

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21 days ago

The SEC rap sheet against Caroline Ellison, part time g/f of FTX chief crook Sam Bankman-Fried

Although the FTX crypto heist gang gave quite enormous sums to the Democrat Party it is to be hoped that these twenty something fraudsters spend the rest of their working lives in the slammer.  The rap sheet below from the SEC is for Caroline Ellison the part time girlfriend of the chief crook Sam Bankman-Fried. GUILTY! Say we all. Enjoy.

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21 days ago

Ben’s Creek now flogging its own assets – the Argo Blockchain route to (temporary) survival

Is there a growing cash crisis at Ben’s Creek (BEN)? In short, and you should be, YES.

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21 days ago

Video: Worst Recession in Memory and New Highs for Gold in 2023, bitcoin to $9,000

Market Strategist Gareth Soloway of “In The Money Stocks” is a cheery fellow predicting doom and gloom all round unless you are in gold and silver or short shitcoin.

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21 days ago

Lies, damned lies and census statistics from the heroic Peter Tatchell

For his work campaigning for LGB rights when nobody else was and for his heroic support of free speech, Peter Tatchell is a great hero of our time. But when it comes to Maths he really should go to one of Rishi Sunak’s planned brush up classes.

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23 days ago

BREAKING: Versarien set to sack staff on Friday, all to do with audit sign off

The word on the street is that the “consultation period” with Versarien (VRS) staff where they were ALL told by the loathsome Neill Ricketts that their jobs were “at risk) ended yesterday. As such, a material number of P45s will be issued in time for Christmas. Its Neill: “Happy Christmas colleague, you are fired!”

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23 days ago

Another indicator of Government failure - record numbers of bars & restaurants going bust

As chancellor, Rishi Sunak was applauded by almost everyone except me for the vast amounts of taxpayers money he chucked at the hospitality sector during the scamdemic. His reckless spending – either supported by the Labour Party, the SNP, the Lib Dems, the media class, or attacked for not being enough, created the inflation nightmare. But did it work? Look at the shocking chart below.  

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23 days ago

Tom Winnifrith Bonus Bearcast: GOTCHA Yourgene

The shares have collapsed 80% today and from 4.25p on November 3. I explain why that matters and why heads must roll as this stock is now just not investable.

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23 days ago

Lemming interviews Skinbiotherapeutics boss Stuart Ashman

I do not always agree with Mr Lemming Investor but for what it is worth we are both still bulls of Skinbiotherapeutics (SBTX). He posted this Q&A with Stuart Ashman the other day and it is worth a read. Over to the Lemming:

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23 days ago

Tom Winnifrith Bearcast: I am sure I win my bet with Cliff Weight

I start on my health which seems to be improving. I then cover Nightcap (NGHT) – with another shocking expose – Cineworld (CINE), Eurasia Mining (EUA), the fraud [email protected] Capital (SYME) and Zephyr Energy (ZPHR) where I reckon I have won my bet with the ShareSoc BSD. I offer him another bet of a similar nature.

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23 days ago

BREAKING: Happy Christmas Julie Meyer - Who's Going to Drive you home tonight?

Oh dear. Oh Dear. You remember Tesla meets Fitbit? Drive Software, the flagship in the empire of Julie “Lingerie on Expenses” Meyer? I have chronicled what a joke company it is many times year but my analysis was dismissed as “misogynist”. Anyone who criticises the woman still fleeing a High Court arrest warrant is a misogynist. Well just in time for Christmas it seems as if the unpaid bills have just piled too high as the documents below demonstrate.

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23 days ago

Swapping emails with ‘arry Adams as Kefi lunatics plague me and him

I get up off my sick bed to find numerous emails from my fellow shareholders in Kefi Gold & Copper (KEFI). I am told that the shares are “collapsing”. Hmmmm so a 1% fall is a collapse: whatever you say.

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23 days ago

Tom Winnifrith Bearcast - back on the sick bed

I have no idea what this lurgy is but I cannot throw it off and feel dreadful. In today’s podcast I cover Truspine (TSP), Vast Resources (VAST), Bens Creek (BEN) a zero for 2023, and San Leon (SLE).

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23 days ago

Keller Group – income and growth value?

A trading update last month from Keller Group (KLR) included that “since the half year results, trading has continued at record levels” and that it is to “recommend a further 5% increase in the final dividend to 24.5p (2022: 23.3p). This would bring the 2022 total dividend payable to 37.7p (2021: 35.9p)”. We see income and growth value from a 747p offer price.

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23 days ago

Verditek – the fraud will be bust by June.

It was only just over two years ago that shares in the fraud Verditek (VDTK) reached 18p at peak Mike Walters ramp. But, like so many stocks promoted by old mother Walters, Verditek was a fraud and now the shares are just 0.6p. This website has exposed the way Verditek has made announcements about big new contracts on a serial basis since 2017, ramped the shares, got a placing away only to ‘fess that the contract was bogus. The problem with frauds, as Mrs Thatcher might have said, is that eventually they run out of other people’s money. That point will arrive within months

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23 days ago

Oh no covid’s back and that means barking mad Commie Susan Michie is back on the BBC talking unchallenged bollocks about masks

Already one health trust in England has banned hospital visits and force folks to wear face nappies “to save the NHS”. To save it from what? Covid of course. This is a new super strain of the Omicron variant, you remember the one that spread rapidly and killed virtually nobody. It is time for all the “experts” to be wheeled out, backing claims from public sector workers like the nurses and teachers as to why we should give them less work to do for more pay and to  trainwreck the economy as we do so. 

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23 days ago

Tom Winnifrith Bearcast: Falling out with my old college ( again) over Christmas

Oxford is so full of Godless liberal tossers these days. After a brief rant on that matter I look at the importance of December to the bars and restaurant trade and how this month will be awful. I suggest why the lack of profits warning Sarah Willingham is now sitting on will force a bailout placing at Nightcap (NGHT) – any takers at 4p? I also look at Tintra (TNT) and nanosynth (NNN) as it heads for zero. 

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23 days ago

Wheelsure – sales are vanity: the Fat Lady is checking her diary! This company deserves to go bust!

Aquis listed Wheelsure (WHLP) has always been an accident waiting to happen. But now it seems as if the Fat Lady may have a gig in Bedford possibly even before Christmas. The statement, ‘natch, is wholly disingenuous. Naughty, naughty Liam Murray at Cairn. I shall be dropping a quick email to Santa as this is NOT what good boys do.

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23 days ago

Letter to the FCA – Odey Asset Management wasting clients cash?

I have commented extensively on this issue. I cannot understand how Odey is not both creating a false market in shares in Advanced Oncotherapy (AVO) – so inflating its AUM – but also knowingly and deliberately losing money for clients. I have written to the FCA asking it to examine the matter


Request that you investigate Odey Asset Management over share dealings in Advanced Oncotherapy

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23 days ago

Tom Winnifrith Bearcast: Posties are greedy bastards and their company will go bust, its just a matter of when

Not quite as greedy as the Nurses. But do you know what the average screw of a postie is? I discuss that and why Royal Mail Group (RMG) is doomed and its equity must eventually go to zero. Then I discuss transparency ref  Red Rock (RRR), nanosynth (NN) and others.

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23 days ago

SkinBioTherapeutics – no-one watching o’clock results and equity raise, what’s the outlook from here?

SkinBioTherapeutics (SBTX) has announced no-one watching o’clock (4:30pm) results for its year ended 30th June 2022, with CEO Stuart Ashman stating “this financial year has been a mixed one for the group”. With the results coming with a potentially £3.5 million equity raise (albeit including an up to £1 million “retail offer”) at 16p per share, we’ve got some other words for it but where does this all leave the company now?

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24 days ago

Jeremy Bowen – what a POS: the BBC, Israel and a partial stance

When Palestinans elect Hamas to lead them, when they vote for an organisation committed to driving the Jews out of Israel, the BBC reports that Hamas has won an election. When Israel elects a right wing coalition led by Bibi Netanyahu which is committed to a two state solution, the mainstream media reports that the frigging Jews have elected a ultra-right wing coalition which threatens to set the region in flames.  That was the tone of the discussion on the “impartial” Radio 4 flagship Today Programme today, centred on an interview with Jeremy Bowen. Who is he?

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24 days ago

Tintra – was the recent death spiral really issued by Bergen Asset Management?

Dubious quality companies on the AIM and Standard List have long used Death Spiral funding to raise cash to keep the lights on.  It appears that now that some but not all of the Bulletin Board morons have cottoned onto the main names in the Death Spiral space that the latest twist is for the Death Spiral Lender to use a front entity to provide the money and for it to be given a industry relevant moniker to reassure the more gullible investors that the new funding is coming a long term institutional investor and not a wicked Death Spiral lender that will crater the share price.

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24 days ago

DS Smith – interims, still a Buy

Packaging company DS Smith (SMDS) has announced results for its half-year ended 31st October 2022 and that, with also current momentum in the business, it now expects full-year performance to be ahead of expectations. Good news.

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24 days ago

Tom Winnifrith Bearcast - The £250m Dev Clever scandal everyone wants to ignore

This is a quarter of a billion up in smoke. Real money. So many Red Flags. So many guilty parties ( named here), so many crimes bit nobody seems to care. I do. I predicted this but the failings of so many and the huge losses many will suffer gives me no pleasure. 

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24 days ago

BREAKING - GOTCHA! Dev Clever - A £250 million UK tech blow up: delisting, lies and looks to be bankrupt

I have always warned folks about this company, even before its shares were suspended at 30p last Christmas Eve, giving it a £250 milllion market cap. Others ramped away or took vast fees (bucket shop adviser Novum and PR Chris Lane at Buchanan) step forward. But this was always a failing business drowning in red flags. Today it ‘fessed. Well sort of. It also lied.

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25 days ago

Photo article from the Welsh Hovel - the flood waters rise but my earthworks from 2022 hold firm

Listeners to my bearcasts on Shareprophets know that I am set to plague the press office of United Utilities with obscure enquiries about reservoir levels here in North Wales. Here in the Dee valley the waters are rising as they always do at this time of year and always have done with or without the global warming spoof.  The apple orchard in photo one is now underwater but I plugged holes in the small levee last year and so the waters are yet to get to the base of the new elevated lawn and Ha Ha I built. And that structure is holding back the waters in the fields, now all underwater, so protecting the barns. So far so good and according to plan.

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25 days ago

The Guardian on the Vlachs of Greece, the folks my father lived with and wrote about & who I shall visit again this September

https://www.theguardian.com/environment/2023/jan/02/greece-nomadic-herders-life-in-the-hill-photo-essay

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25 days ago

Native American arts leader/grants grifter exposed as 100% white ( here we go again) - Madison365

https://madison365.com/indigenous-arts-leader-activist-revealed-as-white/

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26 days ago

What do you reckon Cliff Weight, is Asimilar the most blatant insider dealing of the year?

The last stated NAV of Asimilar (ASLR ) was 25p per share. We knew it had taken one hit (AAA) but still the NAV should have been c20p (ho ho ho). On Wednesday its shares plunged by 32% to sub 4p begging me to ask this question.

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26 days ago

Tintra – curious funding news, this stinks

In the current nuclear winter for small cap stock Richard Shearer is proving to be the man to watch as today Tintra (TNT) issued two announcements revealing the raising of significant additional cash to finance the artificial intelligence led banking operation that he is building.

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26 days ago

Tom Winnifrith Bearcast: The macro market and real economy take and Skinbiotherapeutics

Recorded last night in Greece I am now on my way, I hope, back to Wales. I start with the real economy, wider stock market and small cap forecasting. That does have a bearing on the Skinbiotherapeutics (SBTX) placing which I also discuss in detail.

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26 days ago

Video: Could $3000 Gold Happen in 2023?

Chris Rutherglen runs Gold Investor Research so he talks his own book here. 

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26 days ago

Photo article: the Woodlarks Christmas Grotto, so many thanks to you all from Sarah, Nick and the team

Sarah, the Mrs of Nick Richards, who is also a stalwart of Woodlarks, has written to you all with a few photos of what you funded. Over to her…

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27 days ago

Video: The Coming Financial Iceberg

Alasdair Macleod is the head of research at GoldMoney and a cheery fellow. His conclusion, natch, is to buy gold. And here is why..

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27 days ago

Tom Winnifrith Bearcast: falling out with three old friends edition

Maybe I have fallen out with these folks already: Colin Bird, Richard Poulden, and Andrew Bell. But after this podcast I sure will have done so. I own shares in two companies mentioned. It is my intent to cut my losses when back at my desk in Wales next week and to reinvest the little cash that comes in, in a boring gold play with a dividend which will not be passing the begging bowl around numerous times next year. I think probably I shall buy a few more Ariana (AAU). The three companies that I slate today are Red Rock Resources (RRR), Tiger Royalties (TIR) and Wishbone Gold (WSBN)

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27 days ago

Vast Resources is very rapidly approaching the trapdoor of death

20 months ago with its shares approaching 0.1p par Vast Resources (VAST) did a 100-1 share consolidation, telling its credulous shareholders that this was to help it pay a dividend. No sniggering at the back please. A series of fund raises and ongoing operational failure later, the shares are now 0.17p-0.19p. That is a major issue as Vast is again almost out of cash. This time that could be fatal. We are in a nuclear winter for small caps.

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27 days ago

The actual rap sheet from the $100m US twitter and discord pump and dump fraud

A wise man suggests that I should not publish the details below of the alleged $100 million social media shares fraud as it might give certain folks in Airstrip One a few ideas of how they can up their game. But I do so anyway. Can you think of a podcast host who invites on private investors posing as BSD traders to pump their stocks with daft price targets. Who checks on whether the host or guests trade into the spikes? As for twitter pumpers…don’t get me started. Anyhow enjoy what is below, and if you have comments about UK citizens engaging in similar practices post away and I will approve.  

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27 days ago

Asimilar – so what is the reason your shares are imploding? I offer three scenarios

Yesterday shares in Asimilar (ASLR) plunged 32% to sub 4p. The last stated NAV was – at March 31 – 25.3p so why the plunge. There are three scenarios.

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27 days ago

SEC Charges Eight Social Media Influencers in $100 Million Stock Manipulation Scheme Promoted on Discord and Twitter – why is the FCA so useless?

We all know the sort of wretched individuals who pump and manipulate small cap UK stock prices on twitter by telling knowing falsehoods but the FCA, despite being provided with evidence does SFA. In the US it is different. A release from the SEC shows how to do what the FCA refuses to do because it is too busy monitoring how many lesbians or BAME folk sit on the Climate Change committees at UK PLC.

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27 days ago

Tom Winnifrith Bearcast: Why Mirriad is a zero and another reason why the cheerleading by Andrew Monk for Aquis is wrong: Love Hemp

Andrew Monk of VSA, who no longer speaks to me but only to deadwood press journalists who blow smoke up his arse, keeps on saying how wonderful Aquis is and how it will replace AIM. But it cannot unless it addresses the long tail of garbage listed there. I mention a few names but focus in on today’s statement from Love Hemp (LIFE). It is possibly the worst trading statement I have ever seen from a listed company. I then discuss why Mirriad (MIRI) may say it has £11m cash but why it is a zero.

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27 days ago

Could you run a business that manages to burn £8.13 of cash for every £1 it makes in sales?

I am not sure that I could. Morally I’d feel bad about it and actually to be quite so useless not just in the year gone by but over five years as a listed company would be really hard work. Welcome to the world of Mirriad Advertising (MIRI) about which Steve and I have been bearish for half a decade. Today came another piss poor trading update.

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27 days ago

Eden Research – the TerpeneTech accounts debacle continues, cash crisis by St Valentine's Day

After 27 years of making losses, lying to investors and engaging in the odd fraud, the laughs continue at Eden Research’s (EDEN). Its 29.9% owned associate TerpeneTech Limited – with which it did a stunning Panama Pump fraud on more than one occasion -  still hasn’t managed to file its statutory accounts for the year ended 31 December 2021 which were due on 30 September 2022. As an associate of Eden, Eden is presumed to exercise some degree of influence over TerpeneTech.

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27 days ago

BREAKING: is it P45s for Christmas for Versarien staff?

I explicitly told you that the £1.7 million fund raise by Versarien the other day was simply not enough and that by mid-year 2023, loathsome Neill Ricketts’ company will need another bailout. Today, a source suggests that Ricketts is preparing to fire some of his staff as an early Christmas treat. This is the maths on why.

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27 days ago

Tom Winnifrith Bearcast: after the funding time to close the Shield Therapeutics short?

The Greek Hovel olive harvest is done and I am soon off to the press. Phew. In today’s podcast I discuss Shield Therapeutics (STX), FinnCap (FCAP) and Argo Blockchain (ARB

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27 days ago

Forget wanting to get some how’s your father the reason Sam Smith walked from FinnCap – atrocious results!

On 21 June smug and conceited Sam Smith announced that she was stepping down as CEO of FinnCrap (FCAP) the business she had founded and floated at 27p just three years ago. She left the business on September 28 and, according to one of the sycophantic journalists who have blown smoke up Smith’s arse for being a wonderwoman in a man’s world, yadda, yadda, yadda, this was so she could find time for a bit of How’s Your Father. Whatever. The real reason Smith walked was that she must have been aware just how dire trading was. Today we have results for the6 months to 30 September and they are catastrophic.

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27 days ago

Argo Blockchain back from suspension, shares crash, statement is dire

So the rapidly deleted web pages from the Argo Blockchain (ARB) website, which you can see HERE, were real – it ‘fessed last night, Chapter 11 is a very real possibility. The statement will bring no comfort to the bulls bit at least it means the shares can trade again and they have duly slumped by 48% to 3.5p. That is 3.5p too high.

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27 days ago

On behalf of Woodlarks I say thank you very much: Christmas Grotto appeal closed!

I asked you for £3,000 to fund the Woodlarks Christmas Grotto appeal a week ago. Today we have reached our target with gift aid on top. I have asked Darren to close the page when he wakes up in the socialist hell hole that is Canada (no sniggering at the back) so no more money please. Treat yourself to an extra bottle of ouzo this Christmas. On behalf of Nick Richards, his charming Mrs Sarah and all the team at Woodlarks, we are very grateful for your generosity. Thank you all. 

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27 days ago

Tom Winnifrith Bearcast: time to write to the FCA about Odey

I start with macro economics and why I am so bearish on UK PLC. Then to Purplebricks (PURP) and the housebuilders in light of today’s shocking warning from the UK banks on mortgage lending prospects for 2023. Then Parsley Box (MEAL), Vast Resources (VAST) as the trap door approaches and Advanced Oncotherapy (AVO, Odey Asset Management and the FCA. I may be wrong about this but I’d like the FCA to have a butcher’s. Finally a big thank you from me on helping us raise all the money needed for the Woodlarks Christmas Grotto appeal. 

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27 days ago

Nanosynth just 0.3p to sell: bankruptcy by Christmas, will the misleaders come clean?

Back in August the serial deceivers at nanosynth (NNN) announced a death spiral deal with the shysters at Lanstead claiming it “is pleased to announce a conditional subscription to raise £2,942,500 through the issue of 535,000,000 new ordinary shares of 0.01 pence each in the Company at a price of 0.55 pence per Ordinary Share to institutional investor Lanstead Capital Investors L.P., together with a related sharing agreement pursuant to which the Company pledges the gross proceeds of the Lanstead Subscription.” Morons did not read or understand the small print. Now bankruptcy looms and morons who bought into that RNS should be rightly furious with the company and its advisers.

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27 days ago

Chill Brands is taking the piss, clearly out of cash a pathetic pre placing ramp, new order might cover 3 days costs

The last time we knew the cash position of Chill Brands (CHLL) was at March 31. The company neglected to give any update with its (piss poor) finals or in a trading update a few weeks ago. You can thus guess that the position is pretty dismal and the company is close to running on vapours. Hence 6 RNS ramptastic announcements since September. Today’s is the most wretched yet.

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30 days ago

Photo article, Day 7 the end of the Greek Hovel Olive harvest 2022

Heroic harvester T and I knew we had a deadline to meet. At 4 PM mad lefty L and villager George would be arriving to tie up our bags Albanian style and to take the harvest in George’s 4×4 down to the press. So we started early, 7 am, putting our Englishman’s sacks and the even smaller English Gentleman’s sacks through the grill, pictured below, removing more leaves and decanting into a new small sack which we poured into the most full of our sacks. We created Albanian sacks, ones containing almost 50kg, full to the brim

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30 days ago

Tom Winnifrith Bearcast: beware what a delirious Tom says, is this the end of Zak Mir at Lift?

First things first. We now need just £240 to wrap up the Woodlarks Christmas appeal. Please give a tenner HERE so we can do that on Monday. Thank you in advance. Second I am a bit delirious and explain why. Finally, is this the end of Zak Mir at the Lift Global Ventures (LFT) swizzle?

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30 days ago

The annual Woodlarks Christmas Grotto appeal from Tom Winnifrith, just £20 shy of target! - can you get us over the line?

I know times are tough. But I am sure that if you are reading this you can afford a tenner or a fiver. And I ask that you hand that over to the amazing folks at Woodlarks as it does its first face to face Santa grottos for 200 kids whose, often short, lives are not like those we enjoy.

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30 days ago

Tom Winnifrith Bearcast: why Gary Newman is so wrong on Coro

But we believe in free speech here so Gary is entitled to his opinion. But I explain why, in my view, Coro Energy (CORO) is a bargepole stock. The good news today is that we have now raised 84% of our Woodlarks Christmas Grotto appeal target. Please shut me up and donate a tenner (or more) to raise that last £443 HERE

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30 days ago

When you bank is trouble you are really screwed – yes its Argo Blockchain again

We still have no statement from Argo Blockchain (ARB) regarding its share suspension on Friday and a possible Chapter 11 filing. But if you think Argo has problems ( it does it is bust) have a look at its main bank, NYDIG, the company’s primary secured lender.

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30 days ago

SHOCKING EXPOSE: Evrima – this is taking the piss! Free money for the boss!

I have highlighted before that Aquis listed Evrima (EVA) is worthless POS, with shocking corporate governance. Now there is an AGM planned for 28 December and CEO Burns Tennent Bohi really is taking the piss on a gargantuan scale. Let me explain:

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30 days ago

Tom Winnifrith Bearcast: More Albanian problems and more Kefi shareholders on my case - I communicate with ’arry Adams

I explain my latest Albanian problem on day three of the harvest. The it is onto Kefi Gold & Copper (KEFI), Yourgene (YGEN), Kibo (KIBO), Procook (PROC) and Argo Blockchain (ARB). There is a bit of swearing for Catriona and Matthew’s Dog since Matthew and C’s Dad have both donated to the Woodlarks Christmas appeal. Thanks to them and you all we are now at 64% of target. If you are yet to donate, please shut me up and donate HERE.

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30 days ago

Procook – told y’all another warning, an extra ouzo for the Sheriff of AIM tonight!

I explicitly warned you to dodge the Procook (PROC) IPO at 145p on November12 last year. Since then there have been a catalogue of profits warnings and today, just 40 days after the last trading statement there is another savage warning. It will not be the last and the shares, at just 28p, are for morons and financial masochists only.

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30 days ago

Inspirit Energy – time for an uber expensive cash bail out

On 8 December Inspirit (INSP) announced that “it has entered into a short-term, un-secured debt facility of up to US$250,000 (approximately £205,075). Under the Facility Inspirit will be initially drawing down US$80,000 (approximately £65,624)” It contained the standard lie that AIM and Standard Listed dogs regularly trot out when raising funds to pay for ongoing losses namely “the proceeds of the advance are for general working capital.”

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30 days ago

Tom Winnifrith bonus bearcast - Argo, the end or the beginning of the end?

Tom First things first. We have now passed 50% on the Woodlarks Christmas appeal. If you can help us raise just another £1500 by donating a tenner we are there. Please donate HERE. Secondly Argo Blockchain (ARB) shares have been suspended. An extra ouzo for me tonight. I discuss reference the screen grab, of a page now deleted by Argo or maybe not, below.

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30 days ago

easyJet – full-year results, now return to profit potential?

easyJet (EZJ) has announced results for its year ended 30th September 2022, including emphasising “achieved record headline EBITDAR in Q4 of £674 million” and “peak holiday weeks this winter, such as October half term and Christmas week in the UK, are back to normal levels of volume. Through these key periods, ticket yields are showing strength on the prior year, with the Christmas period’s ticket yield currently up c. 18%”. Is this overall good news?

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33 days ago

All praise, not the NHS, but my fellow entrepreneurs this Christmas

From King Charles downwards everyone always lines up at Christmas to praise the valiant NHS workers (greedy bastards), and other public sector workers who keep the country running at this time of year. Well up to a point.

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33 days ago

Shearwater – interims and traditionally weighted second half “has started strongly”, still a Buy?

Technology security services group Shearwater (SWG) has announced results for its half-year ended 30th September 2022 and that it remains “confident, based on delivering the existing pipeline of opportunities”. So what’s the half-year detail and what of a current 95.5p share price?

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33 days ago

Tom Winnifrith Bearcast: time to close the Purplebricks short?

I start with a little joke about the weather and global warming. Then I discuss Tern (TERN) and Purplebricks (PURP).

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33 days ago

Neill Ricketts is the real victim of the collapse of Versarien, says .... Neill Ricketts

Shares in Versarien (VRS) now linger at just over 10p. Just over four years ago they were 182p. Some folks have lost 94% of their money. Many more who believed the promises of jam tomorrow and the outright deceit of boss Neill Ricketts, a man who himself is the largest shareholder having invested a paltry £4,000 for his shares. He has taken out millions in salary, bonuses ( for what FFS?) and by dumping shares as he urged others to buy. So who does Neill Ricketts say is the real victim here? Guess…

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33 days ago

I know it's Edison but a scotching of Kefi doing a placing rumour and a valuation that says shares should treble (or more)

These days he goes by the name Lord Ashbourne but I shall always know Edison’s mining analyst as the convicted felon Charlie Gibson. Anyhow yesterday he was not thrashing some peasant for being a dirty oik or driving while sloshed but instead penning a note on Kefi Gold & Copper (KEFI). Of course Kefi pays for this research but that makes its steer on a placing all the more relevant. No it is NOT doing one right now as I keep being told by folks who will not accept a slam dunk denial from ‘arry Adams.

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33 days ago

Tom Winnifrith Bearcast: On Day 1 of the olive harvest, a challenge for loathsome Neill Ricketts but is he man enough?

It is day one of the harvest and feeling rather wet and very tired I explain a bit of what has gone on. Then it is onto Versarien (VRS), Chill Brands (CHLL) and musicMagpie (MMAG) two of which I expect to go bust in 2023.

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33 days ago

Day 6 of the Greek Hovel Olive harvest 2022

It is now the day after Boxing Day. Between arriving back in Wales on the 16th and Christmas Eve I decanted six litres of the olive oil pressed from my olives in Kambos earlier this month. Today, as my recovery from the illness that struck me in late November, accelerates I sat down with my son Joshua and enjoyed a plate oil that oil with some crusty bread for the first time. It was delicious with a peppery after taste hitting the back of your throat. It reminds me that I have yet to complete the tale of this year’s harvest.

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33 days ago

Zamaz – a deep dive into accounts reveals major issues

The year end accounts for Zamaz (ZAMZ) are now available so I have taken a look at the more detailed information and it just highlights just what a poor-quality business Zamaz is. I have grouped the findings under a number of themes below.

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33 days ago

Alpha Growth – buys another sub scale life insurance company: questions, questions

Another deal more questions. Alpha Growth (ALGW) announced the completion of its purchase of Old Mutual International (Guernsey) Ltd which was initially announced on 24 March 2022.

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33 days ago

Tom Winnifrith Bearcast: Revolted by Clem Chambers ex ADVFN

Recorded on the hoof before I fly to Greece, this Bearcast covers the open offer at ADVFN (AFN) and what new management must do to deal with the revolting greed, reward for failure and disgraceful behaviour of ex-boss Clem Chambers and his gophers. It is truly nauseating.

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33 days ago

Versarien bailout placing at just 10p – and it is not enough!

As I warned you, my analysis showed that Versarien (VRS) was going to run out of cash by Christmas. And so today, after shameless ramping this website exposed HEREHERE and HERE, a bailout placing is announced, though raising just £1.85 million gross, call it £1.7 million net, at just 10p. Where does one start?

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33 days ago

Home REIT - why the Chairwoman Lynne Fennah has to go NOW!

It is probably deemed sexist to say this but the chairwoman of Home REIT (HOME) Lynne Fennah has to be fired now. Adding to the work of Fraser Perring and Boatman Capital I offer a few more thoughts on this matter.

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34 days ago

Tom Winnifrith Bearcast – Don't worry I'm not ignoring the elephant in the room called O'Hara

I start and end with some admin matters. The one at the start is the Woodlarks Christmas grotto appeal, if you have a spare fiver or tenner (or more!) please donate HERE. Then I look at a conversation with a small cap vet warning of bailout placings at a 75% discount on the way. I discuss Optibiotix (OPTI), Skinbiotherapeutics (SBTX), Vast Resources (VAST), Versarien (VRS), Yourgene (YGEN) and AJ Bell (AJB)

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34 days ago

Disgraced Dominic White’s Zamaz – piss poor results and ludicrous valuation

Zamaz (ZAMZ), the Standard listed vehicle of Dominic White of the fraud [email protected] Capital (SYME) infamy, has published extracts from its annual report for the year ended 31 August 2022 and promised that the full results would be available on its website at Zamaz.tech. At the time of writing this article, the website simply states “coming soon” which for a company which states “Zamaz’ proven expertise in digital brand building” is rather laughable.

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34 days ago

Jeffreys Henry quitting as auditors to over 40 listed companies: the knock on…

On 2 December, Kanabo (KNB) issued an RNS which stated under heading “Resignation of Auditor” the following text:

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34 days ago

Versarien Loan Rescheduled: another £5m of Tory sleaze vicar?

Make no mistake, today’s news from Versarien (VRS) is a £5 million dollop of sleaze from the Tories. It also suggests that the bailout discounted placing is coming soon. To what seems wholly corrupt, first.

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34 days ago

AIM Market November stats are dire – numbers heading for 19 year lows

The, self-described, world’s most successful growth market, aka the AIM Casino, had a dire November and December will be worse, the sewer is heading for 19 year lows in terms of listed companies.

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34 days ago

Evil Banksta says I got my Shield numbers wrong – but he still thinks it’s screwed

I plead guilty. I recorded the bearcast HERE the other day when I was ill and so marginally delirious so I may have erred when it comes to Shield Therapeutics (STX). Evil Banksta is kind enough to assist me with my maths and he writes:

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34 days ago

BREAKING: Now Boatman Capital savages Home REIT & demands boardroom changes

First it was Viceroy Research savaging Home REIT (HOME), now Boatman Capital, the entity that exposed Babcock (BAB) and Argo Blockchain (ARB) has joined the battle. It claims to be long not short but its letter to Home below is damning and makes it clear that heads need to roll. Enjoy.

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34 days ago

Tom Winnifrith Bearcast: a vital Christmas question for ALL of you as I discuss a £250m blow-up in waiting

I start with a question for you ALL. Answers please in the comments section below. Then there is a detailed analysis of the cash position of Dev Clever (DEV) capitalised at a suspension price of £249 million. Follow my logic, I reckon it is surviving only by not paying bills and is bust.  I explain all. Please take note shareholders in Asimilar (ASLR). I hope it does go bust as that will pose serious questions for a list of colourful characters who I name and shame in the podcast.

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34 days ago

Does anyone read the FT any more? Not even its own staff?

The article below is hilarious and merits a wider audience.  It implies that even staffers at the god awful FT aren’t reading its dreary, woke, PR puff filled pages anymore and who can blame them? Enjoy.

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34 days ago

Tom Winnifrith Bearcast – why I'd be short ASOS, a tale from 1938 & Malcolm bonkers again

I explain why Bearcast is late. There are several reasons but the main one is me distributing Christmas presents in Bristol to an Aunt and a Great Aunt and it is the latter’s story from 1938 regarding Munich which I find so fascinating.  Then it is onto ASOS (ASC), the CFO merry go round and the fundamental reasons why it is a short. Finally Comrade Stacey is almost 100% in cash. Three Brains Bailey is 0% in cash. I explain why I agree with three brains

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34 days ago

Christmas & Pride Month in Brighton: This is all to do with Offence

My old Oxford College sent me an email just before Christmas wishing me happy holidays, festive break etc. It did not mention Christmas which, adopting the vernacular of the age, I told Hertford, caused me great offence. I pointed out that they may be Godless liberals but the reason they got time off work at this time of year was because it was Christmas, the time when many of us celebrate the birth of the Lord.

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34 days ago

Vp plc – interims, a “sustained demand”: Buy

Equipment rental company Vp plc (VP.) has announced its results for its half-year ended 30th September 2022 and that “reflecting these results and our view of the future prospects of the group, the board is declaring an interim dividend of 11.0 pence per share an increase of 5%”. This sounds encouraging.

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34 days ago

Tom Winnifrith Bearcast - you are just too kind says a fellow Argo Blockchain bear and 2+2 does not always equal 4

Thanks for all the kind wishes about my health and that of Joshua, we seem to be on the mend. In today’s podcast I discuss Kefi Gold & Copper (KEFI), Skinbiotherapeutics (SBTX), Argo Blockchain (ARB) and – in detail – Victoria (VCP

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34 days ago

Video: Gold – The Anti-Fiat Bubble

Diego Parrilla is an author, engineer and economist and a gold bug.

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34 days ago

Do I really want my taxes lent to upper class twit of the Year Mark Warde-Norbury and Marechale?

The bounceback loan scheme of the then chancellor Rishi Sunak was meant to help small businesses suffering a covid hit to get access to funding to see them through.  As we taxpayers face the highest tax hit in 70 years let’s look at one worthy recipient, Mark Warde-Norbury, speaking to us from the stately home at Hooton Pagnell which has been in the family since 1704. Mark runs Marechale (MAC) a sub scale investment bank which snuck interims out just before lunchtime, allowing mark time to shoot some wildlife and thrash a few peasants before he speaks to the great unwashed. 

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34 days ago

Tintra – could Richard Shearer’s stake soon really be worth £90 million?

Since I wrote about Tintra (TNT), its rule breaking and interim results on 27 October, it has busy with a few new announcements. Is this now a quarter of a billion dollar spoof?

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34 days ago

Because man made global warming is bollocks – the quotes, as a greenie, I recycle every winter

One of the many things that those inside the global warming GroupThink cult are unable to explain is why we should believe 30-50 year forecasts about climate change when the ones made 20 years ago have already been proved to be utterly wrong. It is as if we based our response to covid on the work of Professor Ferguson whose forecasts of hundreds of thousands of deaths from avian bird flu, swine fever, etc had proved so completely bogus. Oh, we did because“experts” inside the GroupThink are always right… but back to global warming.

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41 days ago

Argo Blockchain – precisely just how little cash is left

On 7 October Argo Blockchain (ARB) announced a series of measures to raise $39.5 million and claimed that this would be enough to last 12 months. Now I have doubts about that claim but unfortunately a proposed $27 million placing fell through so where is the company now?

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41 days ago

Cineworld shares zoom – has anything changed?

Yes. The share price. Up 30% at the start now 17% ahead at 5.4p.  That has changed. But anything else?

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41 days ago

Tom Winnfrith Bearcast from the house of sickness

Both Joshua and I are feeling dire so this is a very short bearcast covering Peel Hunt (PEEL) and the nomad/broker sector and Purplebricks (PURP), a zero after the latest housing data. Now back to bed.

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41 days ago

Seed Innovations – Ed McDermott Bullish but am I losing faith?

Seed Innovations (SEED) was my exposure to cannabis and a jolly disastrous investment it has been. At 2.6p I am almost 80% out of the money. My feeling is that the cannabis bubble has burst and yesterday’s comment on CBD HERE has to be bad news. I cant bring myself to cut the loss although maybe I should.  But of the NAV is 8p as Ed Claims maybe I should hang on? A couple of weeks ago I exchanged emails with Seed boss Ed McDermott asking him if he was alright?

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41 days ago

Iconic Labs – its alive!

At Companies House, Iconic’s (ICON) status is now “Voluntary Arrangement” and the administrators filed their final report on 8 November 2022.  So Iconic its back under the control of its directors.

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41 days ago

Day 5 of the Greek Hovel Olive harvest 2022 – the worst day

As our phones had warned the weather went downhill rapidly overnight. The wind was already howling and the rain falling as we arrived back at the Hovel. During the night I was woken up repeatedly by lightening and enormous thunder claps which arrived almost at the same time. The storm was directly overhead.

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41 days ago

Tern – Wyld 3rd quarter results show it’s still a significant cash burner: SMTM!

In its RNS yesterday Tern (TERN) provided various extracts from Wyld’s 3rd quarter results for the period ended 30 September 2022.  The extracts focus heavily on positives such as the purchase orders now being received by Wyld.  If you look at the actuals published Wyld results it becomes apparent that it may take some time for these revenues to be reflected in the income statement as the following note to the accounts shows:

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41 days ago

Tom Winnifrith Bearcast: Family tales

I start with the reason for no bearcast yesterday and end with my virtue signalling siblings lining up to be mugged. In between I look at Strix (KETL), Argo Blockchain (ARB), Chill Brands (CHILL), Cellular Goods (CBX) and the CBD pain myth exposed and also at Tomco (TOM) and Shield Therapeutics (STX) where I sense PL will be apologising to the master soon.

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41 days ago

Versarien pre-bailout placing ramp part 3 - rope in a wretched Tory MP: caption contest?

With a majority of just 834 Tory MP, almost, lifelong career politician, Andrew Bowie is probably already trying to find secure employment for after 2024 when he loses his seat. If so he was in the wrong place yesterday as, as a junior export minister, he pitched up to meet the blubbery lardball that is Neill Ricketts, the loathsome boss of Versarien (VRS) which is set to run out of money by Christmas.  It won’t be in a position to make him a NED come 2024. From the winner of a reality TV show 21 years ago to a Tory MP who is not even a household name in his own household, Versarien sure pulls in the all the big stars.

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41 days ago

Home REIT - "we have them on the ropes now" claims Fraser Perring of Viceroy as he publishes new report (below)!

My pal Fraser does not  think much of Home REIT’s (HOME) formal response to his bear dossier and now adds to the savaging of “shy bear” with his own formal response, below in full. Mr.Market agrees with Fraser, the shares are off another 9% at just 51p.  His rebuttal below is pretty brutal.

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41 days ago

BREAKING: Fraser Perring and “shy bear” bite back as Home REIT tries – and fails – to rebut

Home REIT (HOME) has today published a very detailed and wordy attempted rebuttal of the bear dossier served up by Fraser Perring at Viceroy Research, HERE. But has Home dealt with the bears? Au contraire. Both Fraser and another leading grizzly have hit back with a series of questions and comments which  I can reveal exclusively, below ahead of a conference call at 11.30 AM.

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42 days ago

Versarien pre bailout placing ramp part 2 – placing a bogus story in the local rag, for the cultists to then circulate

Given that Versarien (VRS) is now running on vapours, the pointless creation of loathsome Neill Ricketts is desperate to pump its shares as hard as it can to get a bailout placing away. Yesterday we saw lovable oaf Craig from Big Brother 2001 roped in. Today we see the use of the local rag.

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42 days ago

Tomco – yet another bailout placing – can any AIM listed company better this record of value destruction?

Tomco (TOM) arrived on AIM via an RTO int a failed tech business just in time for Christmas 2006. Was that a White Christmas? I only ask because I am dreaming of one and the chap behind that RTO was Howard Crosby, nephew of Bing and cousin of Mary who shot JR.  More than £5 million was raised at 2.5p. Wind forward today and, accounting for a 2017 200-1 share consolidation, the shares at 0.335p, are 99.933% down. Can any AIM dog, still going, match that record of disaster?

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42 days ago

Devro – recommended offer, now a little more than 2 months, near 71% gain!

September-recommended at a 180p offer price manufacturer of collagen products for the food industry Devro (DVO) has issued an update including that “current trading and the full year outlook are slightly ahead of the board’s expectations, underpinned by a robust performance and foreign exchange tailwinds”… but, more significantly, has also announced a recommended offer… at 316.1p per share!

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42 days ago

Boohoo’s Mahmud Kamani – mad, bad or a genius?

I refer, of course, to news today that  that Boohoo (BOO) has increased its shareholding in Revolution Beauty (REVB) from just under 13% to 26.4654% even though Revolution Beauty shares are suspended as it still cannot bottom out the size of a fraudulent accounting black hole. So is boss Mahmud Kamani mad or a genius?

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42 days ago

Petrofac – Sorry Gary Newman but I fear the great Waseem Shakoor is right: look at the bond price

Gary Newman last tipped Petrofac (PFC) on this website on 6 September HERE at 112p. He can write what he wish, but I fear he is wrong – this is a stock for shorting –  and note comments from the great Waseem Shakoor today.

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50 days ago

Photo article: day 4 of the Greek Hovel Olive harvest 2022 - the most poisonous wildlife diversity yet spotted

It looks increasingly grim on the Albanian front so harvester T and I soldier on. It is hard work and by the end of every day my bones ache and I long for bed.

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51 days ago

Photo article of day 3 of the Greek Hovel olive harvest - an Englishman's sack is smaller than that of an Albanian, size does matter

I overslept a bit and a couple of major triumphs from my day job pulled me out of action for an hour or so. The net result was that after harvesting 20 trees on day two we manged just 15 on day three. There is another reason: we are now moving further from the house so dragging back mats laden with olives (and leaves) to be sifted on the grill takes that bit longer.

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52 days ago

Photo Article: Day two of the Greek Hovel olive harvest 2022, I gather it is minus 3 in London

I hope that you are all wrapped up warm back in Blighty. I do not want to make you all jealous but this was my work atire all day, here in Greece. Yes, as you can see below, it was T-shirt weather.

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53 days ago

Day 1 of the Greek Hovel olive harvest 2022

My plane from Manchester was almost an hour late. That meant that poor olive harvester T, back for his second stint, had five hours to kick his heels at Athens airport but at least he was able to buy supplies for the day ahead. Foot to the floor and with the roads almost deserted we hit Kambos by 10.30 and thought we’d stop off for a quick drink in what was once Miranda’s. Schoolboy error number one.

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55 days ago

When the UN views Israel this way you know it cannot get a fair hearing - the death of Ammar Mifleh

Ammar Mifleh was a man with a career in terror which on the West Bank means trying to kill Jews.  Last week he attacked an Israeli soldier, trying to steal his rifle. In that attack he stabbed the soldier in the neck. The soldier pulled his gun and shot Mifleh dead. The whole incident was caught on video so there is no doubt what happened. But the UN’s  Special Coordinator for the Middle East Peace Process, Tor Wennesland offers his take below.

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55 days ago

The great covid and cigarettes cover up - Christopher Snowdon

https://www.spiked-online.com/2022/12/05/the-great-covid-and-fags-cover-up/

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55 days ago

A devastating critique of the #climatechange scam from NZ

https://breakingviewsnz.blogspot.com/2022/12/dick-reaney-its-madness-madness-madness.html

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56 days ago

Versarien pre bailout placing ramp part 1 – loveable scouse oaf Craig Phillips from BB 2001 and the video

There has been a concerted attempt by Versarien (VRS) to ramp its shares in recent weeks. The reason, though it has yet to ‘fess to it is that it will be out of cash, burning cash and having stiff debts to support by Christmas. It clearly needs to do an emergency placing fast, hence the ramping.  Let’s start with the just released video below starring lovable scouse oaf Craig Phillips, the winner of Big Brother 2001.

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56 days ago

100,000 killed or maimed Ukrainian troops – shocking, little-reported, news back in Airstrip One

The British mainstream media, led by the appalling Daily Mail has, from the start of the war in Ukraine bigged up Russian Casualties, bathing in the blood of every dead Russian. Day after day there are videos straight from Kiev showing Ukrainian snipers getting kills at record distances, drones blowing up Russian tanks or some other heroic act meaning more Russian mothers will be mourning their sons this Christmas. But there is a big omission.

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58 days ago

So where is your Mrs from? I am asked now and again: Ref Lady Susan Hussey

I am not often asked wherev I am from. If so I’d mumble someing about Warwickshire, Oxfordshire and Northamptonshire and that would be that. Nobody would ask “but where are you really from?” forcing me to discuss Kent, Dorset, Worcestershire -on two sides – and my illegitimate great grandmother who was from God only knows where. I am more often asked where my wonderful wife is from and that is because she has brown skin. I say Nottingham.

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60 days ago

Fewer than half of Brits are Christians census fury but atheists, like Cambridge bisexuals, see the light in the end

There is much wailing as the results of the 2021 Census are published and so that for the first time in almost two thousand years the majority of folks in England and Wales do not identify as Christian. Well sort of, many of the supposed godless are just like Cambridge University bisexuals. They will see the light sooner or later. Let me explain on this day before Advent.

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62 days ago

Tom Winnifrith Bearcast: getting my head around Atlantic Lithium, placing ahoy for sure but what of the £234m valuation?

I start remembering a career moment of shame involving Colin Bird and that brings me to Xtract Resources (XTR) where for all Bird’s dissembling surely a placing is underway? I look at the joke company eEnergy (EAAS) and the disgraceful antics of Justin the Clown.  I cover nanosynth (NNN) which I expect to go bust by New Year’s Day and Argo Blockchain (ARB) which I think is already bust. I explain how it can avoid paying its bills for a while.  Then I look at “wonder stock” Atlantic Lithium (ALL), its £1 billion NPV and how robust that is, its management, the various red flags and the inevitability of a near term placing. There are bull points here as well as bear.

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62 days ago

Advanced Oncotherapy marks its own homework and says it is sex on legs – does anyone fall for this bullshit as the cash runs out (again)?

Study showcases the potential superiority of LIGHT! Shouts today’s RNS from Advanced Oncotherapy (AVO). That would be the LIGHT Proton system that is not yet up and running? Yes that one. Great. So, who did the study? Er…

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62 days ago

Condor Gold – Jim Mellon has to bail it out at 15p: surely this should have been before sale process started?

Last week Condor Gold (CNR) announced that as part of a strategic review it was putting itself up for sale (again) which I warned was because it was out of cash and probably could not raise any. Guess what? Old Tom Winnifrith was right yet again.

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62 days ago

Justin the Clown’s misleading ramp of a dog where he is already well underwater – eEnergy (looks a great short)

Back in June of this year Justin the Clown told his followers, both of them, that he had filled his boots with eEnergy (EAAS) saying “My new investment that fits ALL my filters”. I am sure that is true, the shares were then c9p. They closed Friday at 6p before the company issued dismal results at 5.40 PM, nobody is watching O’clock. So yes, eEnergy does fit the classic Clown filters. But it gets worse.

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62 days ago

Less than half Cambridge students are straight screams the Daily Mail... of course its all cobblers

I always thought the Tabs were a bit queer but further down this article in the Mail is a survey suggesting that less than half of Oxford Students are straight so has Oxbridge been over-run with gay folk? Quite obviously the answer is no and this is another sensationalist load of cobbers from the wretched Mail. The stats in the Cambridge survey were: straight 49.7%, gay 11.9%, bisexual 29.7% and other 8.7%. In Oxford 49% were straight 33% bi and the other 17% gay or other.  However…

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62 days ago

Disastrous Thanksgiving weekend for the movie industry – just a couple more reasons why Cineworld is screwed

The Thanksgiving weekend is when Americans go as a family to see a movie in massive numbers. Well not this year. Ticket sales were just $125 million way down on prior year norms and what was expected. There are two reasons and both bode terribly for the cinema industry as established trends continue or even accelerate.

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62 days ago

Tom Winnifrith Bearcast: Is the Eden fraud finally getting pulled down by Terpenetech?

In today’s podcast I look in detail at recent events at Eden Research (EDEN) and at Revolution Beauty (REVB). Both companies could well be 2023 zeros.

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62 days ago

Praise be the lord - a new bonkers email from Julie "Lingerie on Expenses" Meyer

The Christmas gift that happens all year round has landed again, another bonkers email from Julie Meyer MBE.  Quoting both the Bible and EM Forster, a woman who is dodging a High Court arrest warrant, is subject to an FCA criminal investigation and pleads poverty to avoid paying tax in multiple jurisdictions while boasting of her life in her million euro luxury Greek villa has a message for you all. The world needs more of Julie. Whatever….

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62 days ago

Tom Winnifrith Bearcast: Posh Spice Ltd now owes £60m but Bulb has cost every taxpayer £232

In today’s podcast I look at two business failures and the lessons we can all learn from them. In many ways Bulb is a bigger scandal than FTX and it has already cost the UK taxpayer £6.5 billion.

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62 days ago

Carr's Group – audit delay, shares set for short suspension but trading “has continued to perform strongly” BUY

Speciality agriculture and engineering group Carr’s (CARR) has issued an update including that “the expected completion date for the group’s audit and publication of the group’s FY22 audited results is now mid-January 2023, later than the 3 January 2023 deadline required” but that it “has continued to perform strongly”, so what’s going on?

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62 days ago

The Gresham lesson about bonuses for Sarah Willingham and Nightcap

The corporate governance at Nightcap (NGHT) is – as I have exposed on this website so many times – dreadful. That rather surprises me as the non executive chairman Gareth Edwards is not a bad old stick despite having been a partner at the accursed law firm Pinsent Masons.  One issue that the cash strapped company, now right up against the limit with its banks, and with its rollout programme on hold, is bonuses. I urge Gareth to look at events at Gresham (GHE), which – to make it easy for him – are detailed in full below.

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62 days ago

CloudTag: Life in the old fraud yet or just a new fraud and possibly money laundering?

Cloudtag (CTAG) was a bulletin board darling which we exposed as a bankrupt fraud on this website numerous times HERE. Eventually the company’s Nomad, Liam Murray at Cairn Financial, arrived at the same conclusion and gave his notice of resignation.  However the company then raised £975,000 via broker Novum without telling Novum or anyone else about that resignation. Murray thus resigned with immediate effect and Novum unwound the placing while, with no other Nomad prepared to take on this toxic client, it was booted off the AIM sewer in March 2017.

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62 days ago

Shield Therapeutics – tick tock …36 days to tits up alley ( or is it just 21 days?)

On 1 August 2022, having failed to raise $30 million in an equity markets fundraise – as I warred here to hoots of derision from BBMs sitting in their underpants in their parent’s basement – , Shield Therapeutics (STX) took out a $10 million loan from 13% shareholder AOP Orphan International AG. Now the clock is ticking on that loan.

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62 days ago

Tom Winnifrith Bearcast: Oi Sam Smith stop getting your leg over and go back to FinnCrap - it's falling apart without you!

The legover reference is HERE. I am still very much under the weather with all the symptoms of covid. I am feeling a bit better but not well enough to do more than a few hours work today. Thanks to Steve for taking care of things. In the podcast I discuss Devro  (DVO) – who said young Steve and I could not tip a waiter? Then FinnCap (FCAP) then finally the dire sentiment towards mining stocks. Is it really that bad out there?

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63 days ago

Ouzo Man adds to his Versarien short – is he smart to do so?

Reader Ouzo man is brave enough to be short of Versarien (VRS) historically this has been a wise move but the shares have surged in the past couple of weeks to 21.5p from a low of c13p.

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63 days ago

Publicity Mad Sarah Willingham wants to stop rail strikes by bribing the workers with her £12 cocktails

According to City AM the owners of AIM listed POS bars chain Nightcap (NGHT) are Sarah Willingham and Michael Toxvaerd. Funny, I thought that it was long suffering shareholders who owned this financial abomination where every single person who has ever bought a share and held is now out of the money with the shares trading at just 8p-9p.

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63 days ago

Video: More unemployment is needed to cure inflation

There are folks who think that inflation can be cured without pain. Those are the same folks who urged record money printing during the scamdemic. That is what caused inflation not, as they claim, President Putin. Writer Jesse Felder puts them straight.

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63 days ago

OptiBiotix Health – after update from management, we continue to look for 100p+ for shareholders ahead

On developer of “compounds to tackle obesity, cardiovascular disease and diabetes”, OptiBiotix Health (OPTI) we’ve previously noted ‘some delays in delivery but a sales recovery Buy’ – including with “product launches by Apollo Pharmacies in India and restocking by some partners with sales normalising… as in previous years, there was no contribution in this period from licence or royalty payments which tend to be received in the second half”. We’ve since again spoken to CEO Steve O’Hara.

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63 days ago

Tom Winnifrith Bearcast - this is short as I think I have Covid

I have been in bed since 7 PM last night and feel wretched. After this short podcast discussing my relief that it is probably Covid it is back to bed. I discuss Deepmatter (DMTR) and other companies trying to persuade ius that delisting is good news. Look at the shareholders behind it. 

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63 days ago

NEW: Savage bear dossier from my pal Fraser Perring of Viceroy Research

 My pal Fraser has a new report out today savaging Home REIT (HOME). I bring it to you in full. Enjoy.

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63 days ago

More greedy public sector workers telling lies - this time its the bone idle teachers, step forward Cllr Louise Atkinson

Its not just the greedy nurses who are lying about how they all need food banks to survive and who are thus demanding a big hike to a package which is already massively greater than the UK median wage. Across the public sector they are all at it. I have highlighted before the greed and mendacity of the teachers, but in 2022 the lazy scumbags are telling porkies as never before. Meet Louise Atkinson who when not working hard and getting a good screw from being a Labour councillor in Carlisle is a teacher. Heaven help her students.

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64 days ago

Tom Winnifrith Bearcast: Being a Trustpilot detective on failing shitcoin promote Aqru - and look who is behind it?

I start with a few words on Jubilee Metals (JLP) and Bluebird Merchant Ventures (BMV). Then some Trustpilot detective work on AQRU (AQRU) which, I predict, will go bust in 2023. I move on to Xtract Resources (XTR), Shearwater (SWG), Alliance Pharma (APH) and then to the impending demise of Applied Graphene Materials (AGM). Gotcha! I also cover Argo Blockchain (ARB) which I still have down as a 2022 bust, maybe as soon as this week 

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64 days ago

Video: The Only Year in History when Treasuries have Lost More than Stocks

Asset manager Michael Gayed discusses how insane this year has been and how this is the only year in history where treasuries have lost more money than stocks. The only period it can be compared with is 1931. We’re in very abnormal territory. 1931 was a pretty terrible time too, yet too many folks think this is business as usual.

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64 days ago

BREAKING: Today’s shitcoin disaster is c/o chancer Mike Edwards – Aqru, you couldn’t make this up

In the bitcoin, NFT, blockchain frenzy of early last year the gang of Mike Edwards, Jonathan Bixby, disgraced Peter Wall of soon to go bust Argo Blockchain (ARB), disgraced broker Andy Frangos of (has just gone bust) Pello infamy and proven liar John Story staged a number of heists, or as they termed them IPOs.

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64 days ago

“Strategic Review” is the AIM way of saying “we are fucked” – Applied Graphene Materials

On the evening of 7th November I revealed how perma-dog ( with fleas) Applied Graphene Materials (AGM) was trying to raise money at just 2p even though the shares were 12.5p at the close the working day before. The next morning it fessed, citing my article, and admitted that the issue had been pulled and that it only had cash to last until January 31. The late Mama Cass put a date in her diary for a new gig. Today comes the words every investor dreads “strategic review.”

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64 days ago

BOOM! Boohoo – another scandal emerges – can it survive this one?

After the slave labour in Leicester scandal, Boohoo.com (BOO) insisted it had done nothing wrong but put in place all sorts of ESG committees, procedures and staff to make sure it never did anything wrong again. Not that it had sinned in the first place, you understand. Today, an undercover reporter from The Times has exposed what happened when posing as a worker at the company’s Burnley distribution centre.

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64 days ago

Ukraine rewrites history – Holodomor was not genocide, more lies from Kiev

In these days when every comment about Ukraine can see one black-listed by someone, I find myself having to preface this article by saying that I am no apologist for either President Putin or for Joe Stalin. However, having tried for the past year to re-write the present with the ghost of Kiev, the Auschwitz style gold teeth and other spoofs, Ukraine is now trying the most monstrous rewrite of history, a claim that the Holodomor was an act of Russian genocide.  The clear implication is that Russians like genocide against Ukrainians. The tweet below sets the case.

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68 days ago

So what about the dying polar bears and the penguins as the sea ice disappears: the biggest global warming myth of our time.

It was about ten years ago when I sat down with my daughter Olaf, now 21 and in her final year at Oxford, to enjoy a meal at an Italian restaurant. I was greatly taken by an electric grater of parmesan and suggested to the little Trustafarian (not on my side) that I quite fancied one for Christmas. “But what about the Polar Bears, Daddy” said Olaf almost in tears

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68 days ago

Tom Winnifrith Bearcast: Explaining why the Condor NPV is not serious and why that makes it a cracking short

I am still being pestered by my fellow Kefi Gold & Copper (KEFI) shareholders for reasons I cannot fathom. Some of them are delusional. I then turn to Microsaic (MSYS) where a statement on related party deals is needed pronto. Then onto AO World (AO.) where I do not buy into today’s rally before onto why Jim Mellon’s Condor Gold (CNR) is actually a short after today’s second attempt to put it up for sale.

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68 days ago

The dangers of leaving a fund raising till it is too late : Yourgene

Back on 14 October when Yourgene (YGEN) shares traded at 4,25p I warned that the company would almost certainly run out of cash and would need to do a fund raise, HERE

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68 days ago

Jim Mellon’s Condor Gold puts itself up for sale (again), better luck second time around

In September 2015 with its shares at 53p Condor Gold (CNR), backed by my old pal Jim Mellon, announced that to maximise shareholder value it was putting itself up for sale. But with no takers by January 2016 and with its shares back at 20p it called the process off. Today: guess what? It is up for sale again! The shares are now 24p! So much progress in almost seven years!

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68 days ago

Deepverge £2m cost savings from thin air – what on earth was Gerry Brandon up to? How soon is Microsaic toast?

Gerry the arse Brandon has only “been resigned” from Deepverge (DVRG) for two weeks and yet already the new bosses have managed to find annualised cost savings of £2 million from thin air. That begs an almighty question of Brandon and surely means that he must be fired at Microsaic (MSYS) if it is not to go bust next year.

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68 days ago

Think back to July and August and those parched Welsh lakes like Vyrnwy – where are the media & the cultists now?

The global warming cultists and their publicists at the BBC and across the liberal deadwood press in Britain had a field day in the summer of 2022. On July 19th the record high temperature for the UK of 40.3 degrees centigrade was recorded. The recording station was at RAF Coningsby at the side of a runway being used by after-burning Typhoon jets. And if you suggest that that might be a bit of a fix you are obviously a global warming denier, not following the experts and might as well admit that you are a Nazi right now. A month later came the dramatic photos from Wales…

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68 days ago

Tom Winnifrith Bearcast: Kefi and more emails, 11 brave men & they were all Iranian & the G issue at Genedrive

I start with 11 weedy virtue signallers and 11 incredibly brave men at the World Cup. Then it is on to Kefi Gold & Copper (KEFI), Fox Marble (FOX), Dev Clever (DEV) and Asimilar (ASLR) and inally a long look at Genedrive (GDR), a case study on crony capitalism and destruction of shareholder value.

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68 days ago

The Price of Changing your Mind – Andrew Monk of VSA Capital Special

Who said that for a small cap broker “delisting is inevitable. All are struggling to survive in a climate of scarce deals, low trading volumes, strong competition and rising costs” Okay it is a trick question but the answer is Andrew Monk of VSA Capital. The trick is that …

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68 days ago

Genedrive rewards executive failure & deserves to go bust: full year results

When David Budd joined Genedrive (GDR) as its CEO in early 2016 the shares were 116p.  Today after diabolical full year numbers the shares are now just 10.5p. So we are all in it together right? Er wrong. While investors have lost 91% of their cash Budd has trousered just over £2 million including an inexplicable 2020 bonus of more than £207,044 taking his total package that year to £444,615. Oink. Oink. It gets worse…

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68 days ago

Peter Schiff reminds us all of the great lie of shitcoin – the crypto winter may last as long as a Nania winter

The great lie pushed by those supporters of bitcoin and other crypto currencies was that supply of bitcoin was limited by the halving formula. So, we were assured that while promoters of shares or funds or any other asset would always match demand with new supply, bitcoin was different. Of course, that was just misleading.

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69 days ago

Fancy a 165% annual yield until you get a 1750% capital gain in 4 years?

Yes, if it sounds to good to be true it is too good to be true. But some folks still think that it is true. The company is, of course, Argo Blockchain (ARB). I think it could go bust as soon as this week but there are others who know better.

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69 days ago

Tom Winnifrith Bearcast: The red flag lessons from quick death/slow death Wilko

Apparently the 92 year old chain needs an emergency refinance this week. If it gets it it is a slow death in 2023. If not it is a quick death before Christmas and 16,000 P45s. I look at the red flags in this case over the past year and why I own no retail or no property stocks – there are lessons for both sectors here.  Then I ask if Dave Richards of Wandisco (WAND) has gone mad or simply stuck his own moral compass where the sun don’t shine?

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69 days ago

Why doesn’t the BBC challenge the canard of Evil Tories: lifting bankers bonuses while nurses eat from food banks?

This morning on Radio 4’s flagship Today programme it was the TUC boss Frances O’Grady ( total package £167,000) saying that the Tories were bad because they were going to lift the cap on bankers bonuses while nurses have to eat from food banks.  This line is trotted out by those on the left many times a day but it is just palpable nonsense. Let’s start with the banksters…

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69 days ago

The Avaaz global warming grifters at it again – now it is drought in Somalia

There is a drought in Somalia. Nobody denies that fact. But the cause? The grifters at Avaaz do not care about facts  and are thus calling it out as another symptom of global warming and asking the saps they spam for money, some heading out to East Africa and some to line the pockets of the grossly overpaid liberal grifters at Avaaz. The grifters lead with a touching father and son photo from Somalia and say:

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69 days ago

Tom Winnifrith Bearcast - white collar crime DOES pay and Malcolm Breaks the habit of a lifetime

You find me making sweet chilli jam as Christmas is near. Photos later. For some companies such as nanosynth (NNN) and Versarien (VRS) time is thus running out. I look at that but start with Malcolm and his deviation from every year I have known him. Then I look at how crime does pay – Elizabeth Holmes and Theranos and, I fear,  FTX.  Then a few words on the budget, a statement of “managed decline.”

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69 days ago

Video: A Wave of Junk Debt Could Force the Fed to Pivot

Danielle DiMartino Booth, the CEO and Chief Strategist for Quill Intelligence, a research and analytics firm is a top banana, bang on the money on the subject of economics and crypto scams.

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69 days ago

Tom Winnifrith Bearcast: Is Cliff Weight sniffing out insider dealing at N4 Pharma?

I start by referencing a podcast on public schools HERE and saying why I am at a funeral today. Gone are the days when the BSD at ShareSoc offered to help out those chaps at Globo (GBO) get the show back on the road. In new hands there is a suggestion of odd share dealings at N4 Pharma (N4P). I look at that and then the fundamental case against this stock. I also look at Parsley Box (MEAL) and CEO spoofing and at Eco Atlantic (ECO) and the dangers of punting on an E&P play ahead of a well.

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69 days ago

#FakeNews, liberal comedian Tom Walker ( aka Jonathan Pie), twitter and Donald Trump

Donald Trump is back on twitter. Cue floods of liberal tears and wailing leftists protesting about why this is a threat to free speech and giving a potential GOP candidate for the President the same platform as a Democrat imperils democracy. It has also unleasshed lots of fake news. Take the tweet below from Jonathan Pie, aka the left wing comedian Tom Walker.

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69 days ago

Photo article from the Welsh Hovel - dealing with some of the chillies glut/making Christmas presents

I am still using some of the chillies we grew and dried last year, despite giving away pots and pots of them as gifts last Christmas. And this is despite the Mrs and her family using quite a lot of chillies in their cooking and me using a good few in the various stews I make. And guess what: we have had a pretty big harvest this year too.

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69 days ago

When will the West tire of mad and bad President Zelensky as he “attacks” Poland?

Of course, Ukraine did not deliberately attack Poland. But last night two missiles landed a few miles away from the border with Ukraine killing two. Immediately, President Zelensky blamed Russia and urged NATO to stand by a member state and retaliate, to invoke clause 5. To start World War Three.  The Daily Mail was still trying to blame the Russians and talking up WW3 this morning. It drank the war whisky without hesitation. But, thankfully, saner minds and the truth prevailed.

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69 days ago

Oscillate RTO – madness

Fungai Ndoro who runs Aquis listed Oscillate (MUSH) is not a bad girl but any company that invests its shareholders cash in Dev Clever (DEV) warrants must – for reasons explained HERE – be run by someone who is smoking something.  Today Oscillate has announced an RTO which makes no sense at all.

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69 days ago

Net Zero Infrastructure: share ramp by spivs + green shite + ex Tory MP on board = disaster

Oh dear, oh dear. My old friend the champagne socialist Fleet Street Legend Brian Basham is a director of Net Zero Infrastructure (NZI) and was so hopeful when it listed on the (sub) Standard list at 3p last September 15th. I warned him… and now a year later almost two thirds of the money has gone….

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69 days ago

The FTX Bankruptcy file in full - so shocking it is almost comical

The file below is shocking, the big crypto blow up is just a fraud from top to bottom with young folks who espoused all that ESG bullshit that Malcolm and our political leaders love so much, either stealing the cash or blowing it through incompetence.  Enjoy. This will not be the last such scandal in this industry but it may be the biggest and most comical. Enjoy.

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69 days ago

Imperial Brands – full-year results, we’re well ahead but still income and earnings value?

Imperial Brands (IMB) has announced results for its year ended 30th September 2022 and that it is “well placed to build on our track record of delivery over the next three years, improving returns and creating sustainable growth in shareholder value”.

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69 days ago

Tom Winnifrith Bearcast: Jeremy Hunt is a LIAR Steve O'Hara is not

Even Pete Brailey the most staunchest of Tory members you could ever meet says he has given up on the party after today’s budget. I go through two lies Jeremy Hunt told and consider how he has screwed the poor, those of us running SMEs and is protecting super rich folks with sons at Eton with another lie.  Like Peter I shall not vote Tory next time.  Then onto a man who is not a liar, Optibiotix (OPTI) boss Steve O’Hara and the presentation he gave today which is below. I mention Skinbiotherapeutics (SBTX) and an email exchange today at this point. Then a few words on Kefi Gold & Copper (KEFI) follow then on to Argo Blockchain (ARB) which I expect to go bust next week and Ceres Power (CWR) whose valuation is still bonkers despite the shares slumping by 80% since peak ramp. 

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69 days ago

Video: Quoth the Raven - The World is Turning To Gold Amidst Armageddon in Crypto

One of the few serious financial podcasters who swears more than me is Chris Irons, aka Quoth the raven. His latest soundings on gold and shitcoins are music to my ears.

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69 days ago

Tom Winnifrith postcard: Jeremy Hunt's lie - there is NO case for not ending charitable status for public schools

Mr Hunt lied about what would happen if he ended the status which would have brought in material revenues. There is no case whatsoever for not ending such status and in doing so Mr Hunt protects the rich while the poor feel the squeeze. Now, of all times, this anomaly should be ended. The RSPCA is a charity. Woodlarks is a Charity. Eton College or Warwick School should not be allowed to claim charitable status.

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69 days ago

Ceres Power – on a (very) slow boat to China

Oh dear, oh dear, more bad news from the green pipedreams, slurp the jam tomorrow and forget about the bonkers valuation sector. Today it is Ceres Power (CWR) an AIM listed company repeatedly recommended by our own in-house Guardian reading eco-Warrior Malcolm Stacey but red flagged by  myself and Peter Brailey. Its shares are down by 65% year to date and by c80% since February 2021, the peak of the green bubble madness.

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69 days ago

Guild E-Sports – yet more management changes as this bogus David Beckham creation prepares for bailout fundraise.

So far this year 4 NEDS and the FD have departed from Guild E-Sports (GILD). Now one of the NEDs who came onboard on March 31 as others left has walked and the CEO has replaced the chump who floated this crock just over two tears ago. What next for a company now running on vapours?

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69 days ago

Tom Winnifrith Bearcast: Singing to you all in Welsh

There is a film in which my Great Aunt starred where there is singing in Welsh. She is the lady on the right in the first scene below. Anyhow I start today’s podcast singing to you in Welsh for reasons I explain. Then it is onto Carson Block and Pantheon Resources (PANR), Carnival (CCL), BSF Enterprise (BSFA), Tern (TERN), nanosynth (NNN), Versarien (VRS) and the comedy at Deliveroo (ROO) which still has to be a short does it not?

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69 days ago

Ince gives away broker Arden for nothing, the final chapter of a comedy of errors

Well I guess it is not quite so funny if you are a shareholder but this acquisition – now – rreversed – has destroyed Ince Group (INCE) as a credible investment. I was urged by the company’s PR to tip the stock but, according to some folks, that really would have been a kiss of death and anyhow it was self-destroying – as I predicted – without my endorsement. 

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69 days ago

Bezant Resources – oi Colin Bird is it bust yet?

The maths look pretty clear to me. Perhaps penny share huckster Colin Bird would want to explain why I am wrong and Bezant Resources (BZT) is not technically bust yet?

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70 days ago

BREAKING – Bucket shop stockbroker Pello Capital set to call in administrators Smith & Williamson tonight

Two distinct City sources have contacted me to say that controversial broker Pello Capital, founded by “colourful” broker Andy Frangos, has gone into administration. I have contacted Pello and can reveal that it is not yet in administration but will be tonight. Smith & Williamson will be doing the last rites.

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70 days ago

Surely everyone can see that Russia has a legitimate point over #fakenews at the ghastly Daily Telegraph?

Yesterday I made the mistake of pointing out that when Ukraine’s President and his fellow leaders of the second most corrupt country in Europe (after Russia) said that a Russian missile had hit Poland, killing two Poles, and that NATO must collectively respond, this was a lie. Not just any old lie but a lie that could have lead to World War Three so a rather dangerous one. Naturally, on twitter and elsewhere, folks responded by saying that I must be a Putin apologist, supporting Russia’s invasion and it shooting down an airliner in 2014.  Of course, I am not an apologist and I do not support either, wholly unwarranted, military action. But that sort of smear is what happens when you write facts exposing folks who are lying in 2022. It is what always happens when you are not part of the GroupThink. The wretched Daily Telegraph, one upon a time a half decent newspaper, is now part of the GroupThink…

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70 days ago

If you are feeling happy the antidote is tonight at 7.30 a free online seminar with Dr Doom

I am not being paid to promote this but flag it up anyway as libertarian gloom monger David Scott is always entertaining, as well as always bearish about the world we live in. Thus, if you are at a loose end tonight at 7.30 and fancy coming away really depressed, he is holding an online zoom seminar. Accessing it is simple.

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70 days ago

Tom Winnifrith Bearcast: NO I am not being naughty but YES I disagree with three brains

In today’s podcast I discuss  BSF Enterprise (BSAF), Vast Respources (VAST), nanosynth (NNN), Shield Therapeutics (STX) and Imperial Brands (IMB) where I dare to challenge three brains himself, his mind clearly damaged by NEVER smoking, drinking or taking drugs.

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70 days ago

VINDICATED AGAIN: CakeBox: Dismal interims, don’t believe in the jam promised tomorrow: Told y'all!

Cakebox (CBOX) has already warned that results for the six months to 30 September would be piss poor and it did not disappoint but folks who have lost a packet ignoring our numerous red flag warnings had a straw to clutch at, one covered with jam tomorrow.

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70 days ago

Video: The Road to an Energy Crisis

Author and historian James Meigs will be a familiar face if you watch “Abandoned Engineering” on late night TV but he is a serious scholar.

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70 days ago

Tom Winnifrith Bearcast: Time to switch my email off for a week thanks to 'arry Adams

In today’s podcast i discuss Kefi Gold & Copper (KEFI), Pantheon Resources (PANR), the residential housing market, Purplebricks (PURP) and the housebuilders and retailers in general, Sosandar (SOS), Joules (JOUL), Made.com (MADE) and Boohoo (BOO). I reference an articlle on greedy nurses and different types of averages and how they mislead HERE

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70 days ago

Surely Moonpig is a short at 171p?

What am I missing dear readers but surely a company that sells extraordinarily expensive personalized greeting cards and a range of gifts in Britain and Holland must be at risk of a slowdown in discretionary consumer spending? I refer to Moonpig (MOON), a company whose valuation discounts no such slowdown so ahead of interims on December 7 should you go short? 

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70 days ago

Why isn’t Malcolm tipping BSF Enterprise?

It is right up his street, as a vegan extremist, in what it does. It also taps into an unproven market, is guzzling cash and has a joke valuation. What more could Malcolm want?

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70 days ago

Tesco – a 250p+ share price target after recent interims?

Shares in Tesco (TSCO) were above 270p as recently as August but have fallen back significantly as it faces clear macro challenges. However, it has a long track-record across economic conditions and we consider the share price fall has been too extreme.

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70 days ago

Pssst Don’t tell the BBC – but the Dems are about to lose the House!

The BBC has reported every Democrat Triumph from the mid terms, before during and after it happened. That is to say retaining control of the Senate, though it may still be 50/50 after the Georgia run off on December 6. But on a night when the Republicans won more state governors and the popular vote there is still the matter of the House which for the past two years has been run by the Dems… All bar 12 contests have now been called and…

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70 days ago

Rightmove: another survey showing Purplebricks toast and housebuilders facing torrid times

After the shocker from RICS the other day, here, Rightmove’s (RMV) latest survey of the UK housing market makes for more grim reading.  If you are still a shareholder in Purplebricks (PURP), which could not make money in the good times and so must now be spunking cash daily, why do you have a financial death wish?

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70 days ago

My fellow Kefi shareholders – sorry but some of you are very dim indeed!

In October Kefi Gold & Copper (KEFI) announced, in another delay, that it would get financial sign off for its Tulu Kapi scheme in “mid November”. Today, on the 14th, some of my fellow shareholders are cacking their pants. Why? Just how dim are you?

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70 days ago

Argo’s Peter Wall caught with his trousers down again as insolvency looms

Peter Wall the CEO and interim ( for more than a year) chairman of Argo Blockchain (ARB) has been caught with his governance trousers down yet again. When will the regulators accept that Wall is a bad actor who should be ejected from the PLC stage?

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70 days ago

Tom Winnifrith Bearcast: All hail Pete Brailey as other bears wake up to his Pantheon genius

I start with Muddy Waters, Pete and Pantheon Resources (PANR). Then on to ouzo man and his bear calls on Boohoo.com (BOO) and AO World (AO). Finally onto the blow up of FTX and Almeda Research and what that tell us about crypto and NFT hype which is now bursting.

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70 days ago

BREAKING: Project Pound at Nightcap – the delusional world of Sarah Willingham

On 12 September 2022, as Sarah Willingham’s Nightcap (NGHT) announced the opening of a new bar in glamorous Watford, the former Dragon’s Den star proclaimed “Nightcap now has 37 sites within its estate and a further 19 premises under offer or in legal negotiations for all its brands.” Less than two months later she said that the new openings programme was on hold. What changed? It is all to do with “Project pound.”

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70 days ago

Photo article from the Welsh Hovel – getting in early with Christmas Puddings

On Christmas Day we will be hosting my parents in law, my sister in law and her two kids and my daughter’s godmother I who is joining us from New York for what she terms “the holidays” as in “happy holidays”. So that makes ten around the table. The godmother and I shall be doing the cooking.

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70 days ago

Tom Winnifrith Bearcast: Macolm Stacey vs Steve Moore

I weigh in on the debate on Biome (BIOM) looking at macro babble & bubble and bottom up analysis to decide which of my colleagues is, I suspect, right.

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70 days ago

Tom Winnifrith bearcast: Madness!

I start with the macro babble and surging equities explaining why, I think, rubbish stocks have done the best today. I look at Cineworld (CINE), Versarien (VRS), Boohoo (BOO), Pure Gold (PUR), Argo Blockchain (ARB) and Victoria (VCP

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70 days ago

Powerhouse – after digging a hole in the road, its next ramp: placing ahoy?

Even Stevie Wonder can see the writing on this wall. PowerHouse Energy (PHE) is now having to fund the building of its own waste to hydrogen plants having previously said others would do so, it burns c£2 million every half year running the company and it is spunking £1.3 million on a global Technology and Innovation centre. By next Spring it will be out of cash…

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70 days ago

Dev Clever are you a £255m BUST yet? How about a year end trading statement?

Shares in Dev Clever (DEV) remain suspended as, after 11 months, the FCA is still refusing to sign off on a RTO prospectus. But that is the least of Dev’s worries, it must surely be bankrupt by now, how about its advisers, those fine fellows at Novum, cobble together an October 31 year end trading statement. Here is the maths:

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70 days ago

The greed, the revolting rewarding of failure of Dragons Den star Sarah Willingham exposed

I noted yesterday how the bars chain Nightcap (NGHT) has had to halt its planned rollout because of the cash crisis it faces. In the year to July 3 2022, on sales of c£35 million it reported a pre-tax profit of just £238,000 and the operating cashburn was a stonking £7 million. But boss Sarah Willingham described the year as “rewarding and fun”. Just how Rewarding and fun? You will be horrified…

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70 days ago

Video: Rumors of War and Whiplash as the Old Paradigm Ends

Asset adviser Grant Williams says you need to admit your investment mistakes. How many of us will do that?

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70 days ago

BREAKING: Latest RICS survey confirms house price & volume gloom, Purplebricks is surely toast in 2023

There is no way that this turd can be polished. It is a turd for housing market bulls. The latest monthly survey from the Royal Institution of Chartered Surveyors (RICS) covering October is even worse than that for September which was itself pretty dire. Those seeing value in anything housing related shares ( Comrade Stacey?) need to take a reality check.

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70 days ago

Guess who, blood stained Fenian scumbag, Gerry Adams is supporting tomorrow night at the World Cup?

With neither of the two Irish sides in Qatar for the World Cup it must be hard for blood soaked IRA, oops sorry Sinn Fein, celebrity Gerry Adams to know who to support. But maybe not as the old bastard has taken to twitter to give us all a clue as you can see below.

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70 days ago

NHS Nurses - greedy, deceitful and shameless witches

You are told by the BBC and the rest of the liberal media that nurses are grossly underpaid and that their decision to walk out on cancer and other patients leaving them to die is thus all the fault of the wicked Tories. But here in chart form are the facts….

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70 days ago

Hello Adam Wilson, it’s Adam Wilson here can we chat again? I wanna tell you I love what you are doing

After yesterday’s inadequate disclosure from Ben’s Creek  (BEN) - CEO Adam Wilson – about share dealings by its biggest shareholder MBU Capital – senior advisor Adam Wilson – Mr. Wilson of Daniel Stewart and Atlantic Carbon infamy – has sought to clarify matters with another comical RNS.

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70 days ago

BOOM: Argo Blockchain 2026 bond collapse screams at you the shares are worth 0p

The bond market is nearly always a better guide to the value of equity than the equity share price since the latter – in situations of distress – is largely driven by bulletin board morons in denial who are trading the stock while institutions  are unable to sell large positions so just sit there like rabbits in the headlights waiting for the end. So there are some folks who reckon that buying Argo Blockchain (ARB) shares  at 8.5p giving a market cap of £40 million is smart…

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72 days ago

Tuvalu PM and Avaaz: more climate change grifters, happy to ignore facts as they seek to raid your wallet

To be fair Avaaz is not just a climate change grifter. It will spam millions of folks on any woke issue getting them to sign pointless petitions or to hand over their hard earned to support bloated salaries, sorry I meant laudable campaigning.  It is an all round grifter. A recent Avaaz spam is from the Prime Minster of Tuvalu. Now he really is a climate change grifter. He wants western money as reparations for our carbon crimes.

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72 days ago

Company digs hole in road and issues RNS

Digging a hole in the road should not merit an RNS but when you are desperate to ramp your shares ahead of the next bailout placing, needs must.

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72 days ago

Tom Winnifrith Bearcast: Let them eat cake and the latest shitcoin crash

I start with a few words on UK press coverage of the mid terms. No the Democrats have not won! Then I look at bitcoin and its woes, Argo Blockchain (ARB) – bust by next week? – Revolution Beauty (REVB), Boohoo.com (BOO), Novacyt (NCYT) and Nightcap (NGHT) and the problems a CEO has when the media blows smoke up his or her arse for too long.

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72 days ago

BREAKING: Every single person owning Nightcap shares has now lost money – but CEO Sarah Willingham says she is having fun & its rewarding for her so that’s okay then

Dragon’s Den “star” La Willingham tells shareholders in Nightcap (NGHT) that for her the past year has been “eventful, fun and, at all times, rewarding”. With her bonus scheme and that for her husband Michael Toxic, that may be true for her family. The shares listed at 10p, peak ramped at 33.5p and the last placing was at 23p. The shares are now just 9p-10p after today’s dire results. So anyone who has ever bought a share in this company since its  January 2021 listing iand who still holds is now out of the money. Do mug punters in Willingham’s vanity PLC regard this experience as “fun and rewarding?” It will only get worse for them.

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72 days ago

Ben’s Creek – the stench of Adam Wilson, today’s very belated 'fess up does not bear scrutiny

I have always argued that promote Ben’s Creek (BEN) is uninvestable on the basis that its CEO Adam Wilson of Atlantic Carbon and Daniel Stewart infamy is a scallywag and also that its assets which sent the last owner into bankruptcy were piss poor.  Today comes news of a share transaction that stinks and an explanation that does not wash.

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72 days ago

BP – Q3 results, continued positive trading and shareholder returns

BP (BP.) has announced third quarter results emphasising “net debt fell for the tenth successive quarter; we are investing with discipline; and we are delivering on our commitment to shareholder distributions – announcing a further $2.5 billion share buyback”. So what of a now slightly further higher 486.45p share price?

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73 days ago

#DemocracyWins trends on twitter – whatever

In the woke echo chamber that is twitter news that the Democrats will almost certainly still control the Senate is greeted with #DemocracyWins. Hmmm.

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73 days ago

Sylvania Platinum – improved production and prices, remains a growth and income Buy

Sylvania Platinum (SLP) has announced “best quarterly production since the COVID-lockdowns in early 2020. This increase in production ounces and the 2% higher PGM basket price recorded in the quarter, resulted in stronger profits”. The shares have currently responded up to 92p and there looks more to go.

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73 days ago

Tom Winnifrith Bearcast: Chinese Whispers and Kefi as Andrew Bell insists Opera needs subsidy for poor, young & black people

As we all face a cost of living crisis with the poor and the young hardest hit, Andrew Bell insists that Opera needs more subsidy. Is this a more tenable position than his defence of the Red Rock Resources (RRR) share price? I start with that then onto the two big losers from yesterday’s surprising mid terms in the USA. Then onto Kefi Gold & Copper (KEFI), Ithaca Energy (ITH), MGC Pharmaceiticals (MXC) – which looks like a possible zero – and Dignity (DTY).

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73 days ago

The curse of the fraud [email protected] Capital’s David Bull – PCF Group to leave AIM and wind down

Secondary lender PCF Group (PCF) was an AIM sewer high-flier with its shares trading at above 40p just over 4 years ago. Today after news that it was winding down its loan book and delisting the shares are just 0.56p and the man who is to blame for the chain of events that led to today’s bombshell  is David Bull, until August chairing Eight Capital Partners (ECP) and running the Audit Committee as a NED as its bastard big brother the fraud [email protected] Capital (SYME). Is he the most toxic bean counter in the small cap world?

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73 days ago

Top Oil analyst savages the biggest IPO of 2022 – Ithaca Energy

Ithaca Energy (ITH) has IPO’d today at 250p giving it a market cap of £2.5 billion making it the biggest London IPO of the year to date. Well done Goldman Sachs. There is a big push to get Joe Retail buying in the after market. But is that a smart move? Top analyst Ashley Kelty of Panmure Gordon thinks not and in an email, below, sent today has savaged the issue.

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73 days ago

The Andrew Bell defence at Red Rock

I am no longer tipping Red Rock Resources (RRR) as, I feel that its failure to monetize assts and thus prove what they are claimed to be worth has gone on for too long. Why can’t it monetize even one asset? The failure to do so means more fund raisings and that, to me explians why the shares I still own after almost three years have been such a duff investment for me. But boss Andrew Bell has another excuse…

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73 days ago

Tom Winnifrith podcast - did the Democrats really win the mid-terms as the BBC is telling us today

I look at the House, the Senate, the probable outcomes on both and what that means for the radical liberal agenda the BBC so desperately wants to see pursued. I also look at the popular vote ( remember that from 2016?) and what that tells us. I look at who is likely to run for President in 2024 and what that may mean for the House and Senate that year. The man whose name I always forget ( long covid?) is Joe Manchin – my sort of Democrat.

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73 days ago

Tom Winnifrith Bearcast - Clem Chambers and the most almighty spoof & extra lashings of ouzo for me after AGM

Maybe I shall save the celebratory ouzos for tonight and double up as I watch liberal tears as we see a Red Wave in the mid terms. I discuss that briefly then go on to look at Applied Graphene (AGM) and what it is like running a company facing corporate death as well as the ethics of my scoop last night. I look at Online Blockchain (OBC), Mello destroying its brand c/o Zamaz (ZAMZ), Argo Blockchain (ARB) and a couple of points about Seraphine (BUMP) from an accounting perspective and in terms of changing consumer behaviour and also how as a bear one can do non financial DD.

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73 days ago

Have you looked at Seraphine’s website – another dire warning issued

Young Steve Moore and I have repeatedly warned you about Seraphine (BUMP) another disastrous 2021 IPO. Today came another warning but before we deal with the abject numbers I suggest you all have a butcher’s at its website HERE. And as a reminder…

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73 days ago

Another calamitous update from Argo Blockchain, the Fat Lady is warming up

You really cannot say that you were not warned over and over again by this website that Argo Blockchain (ARB) would make rich knaves such as CEO Peter Wall, disgraced broker Andy Frangos, paid share ramper (sorry “journalist”) Zak Mir and proven  liar and rule breaker John Story richer while screwing ordinary shareholders. The game is almost up. The Fat Lady is gargling. Today’s October update is a disaster.

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73 days ago

GOTCHA: Applied Graphene forced to comment on ShareProphets scoop – surely the Fat Lady has a gig coming now

At 9.07 PM last night I revealed here that Applied Graphene Materials (AGM) was working on a placing, trying ( I stress trying) to raise £3 million at just 2p as against a 10p bid price. I flagged my piece up to the PR bunnies at Hudson Sandler and so ensured they all had a late night as today there is a response to comment on “an article published on the ShareProphets website on the evening of 7 November 2022 regarding a possible equity raise.” Timber!

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73 days ago

BREAKING: Another Cineworld Court Hearing spells out exactly why it is a slam dunk zero

Still there are fools who think that Cineworld (CINE) shares have value. They do not. This looks like a slam dunk zero after documents published late last night in the latest round US Chapter 11 hearings. What follows is an idiots guide as to why any holders should sell and anyone who wants a free Christmas bonus should add to/open a short at 6p. Here goes:

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73 days ago

Photo article from the Welsh Hovel - the school celebrates Wales in the World Cup day

My son Joshua has now spent well over half of his life in Wales. And, though he was born in England to parents who support Northern Ireland and England respectively, he considers himself a proud Welshman. He leads us as we say grace in Welsh each night and there are more and more Welsh phrases exchanged between him and me as I also start to grapple with the language from hell. Today his school is celebrating the fact that Wales has made it through to the World Cup finals, by everyone wearing red tops.

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73 days ago

BREAKING: Applied Graphene working on a placing at an 80% discount to bid price – City source

Such is the terrible track record of Applied Graphene Materials (AGM) – minus 97.8% from peak – and such is the severity of the bear market in small caps that what follows should not be that shocking but it is still shocking. Since last week Applied has been on a dog and pony show with its broker. The aim was to raise £3 million. However, the details are horrific:

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73 days ago

Tom Winnifrith Bearcast: Can you smell that bullshit from Tern: shares could well halve by Christmas

I start by discussing apple pressing: I am still at it. Then I look at Tern (TERN), Amur Minerals (AMC), Joules (JOUL) and Eurasia Miniung (EUA) as it heads for a cash crisis.

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73 days ago

At what point does Daddy Pig’s compliance officer put a stop to the Advanced Oncotherapy farce?

I do not believe that Advanced Oncotherapy (AVO) will ever generate a cent of positive free cashflow as the demand for the proton therapy services it will offer at some point in 2023 is, in my view, already fully catered for with existing capacity. Others, notably a fund management firm run by a chap who looks remarkably like Daddy Pig, father of Peppa, disagree but what we might agree on its that, until late 2023, there is no doubt that Advanced will continue to guzzle cash. Which makes the next bailout placing only a matter of time.

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73 days ago

BREAKING: The FCA sees off legal challenge from the Globo fraudsters

It really is an ouzo on cornflakes day. Not only has Gerry Brandon been fired but the FCA has won a legal victory in its attempts to nail the fraudsters behind Globo (GBOan AIM listed scam I warned about, doorstepped in Athens and eventually helped bring down by publishing the dossier of my pal Gabriel Grego.

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73 days ago

Photo article from the Welsh Hovel - a home produced supper

Ok, there were also some sausages not home produced but elsewhere you see beetroot (still being harvested) which we eat boiled, roast spuds (still being harvbested) and roast butternut squash which I harvested a few weeks ago and which are stored in the larder. I’d happily eat this lot without a meat dish but the Mrs and the kids are very much carnivores.

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73 days ago

Gotcha! Gerry Brandon “resigned” as he leaves Deepverge with immediate effect

As CEO of AIM listed Deepverge (DVRG) made two schoolboy errors: trolling me on twitter and then breaking AIM Rules by hiding a profits warning before doing a placing at 30p last June. There were other blunders and deceits too but after that crime, that fraud, of last June came to light he should have been in jail and his position was untenable.

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73 days ago

BREAKING BOMBSHELL: Batman's Italian Connection and the criminal investigation

A major subsidiary of BATM  Communications (BVC) or Batman to its City friends, has been implicated in a criminal investigation in Italy.  The subsidiary in question, Adaltis Srl, represents the vast majority of BATM’s “diagnostics division”.  It sells molecular diagnostic test kits for various diseases, including COVID, operating from a facility near Rome.

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73 days ago

Tom Winnifrith Bearcast: the deadwood press will not dare say what I say about 2 failing retailers: Made.com and John Lewis

But I do dare. Enjoy.

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73 days ago

When a bad company battles short sellers with legal action it ALWAYS ends badly – Cassava

My friend Gabriel Grego has, along with a stack of other bears, been hit by a law suit from a biotech company he has taken on, Cassava (SAVA). Gabriel is too much of a gent to steal my catchphrase “see you in Court bitchez” but he says so in rather more gentle words. As my old pal Evil Knievil once noted “legal action is not an invitation to go short but an obligation.”

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73 days ago

Video: The world is turning to gold as debt resets

Francis Hunt, Founder of “The Market Sniper”  Francis, discusses how demand for physical metal appears to be increasing significantly in the United Kingdom. He says that a lot of interest is coming from those in the financial industry and some of those customers have expressed concerns about their employer’s stability. He says that self-directed pensions in the U.K. are also seeing a move away from equities and into custodial backed physical metals.

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81 days ago

Britain needs to give a trillion quid to poor countries for our leading role in Global warming – fact free bollocks

The good news for the Charity War on Want, which has made this ludicrous claim, is that Scotland has committed to pay £2 million as compensation for its historic carbon emissions to poor countries around the world. As soon as it can scrounge the money off England under the Barnet formula, the cheque is on its way. The bad news is that the other £999.998 billion that War on Want reckons the UK owes is not on its way as we are already almost bankrupt. Mind you the useless Tories egged on by the BBC and others are still  thinking about it.

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81 days ago

Tom Winnifrith Bearcast: DFS will survive but surely it is a cracking short and here is why

Have a great bonfire night tonight. In today’s podcast I discuss DFS (DFS) in great detail – it looks like a cracking short. Then Deepverge (DVRG) where Gerry Brandon needs to SMTM and finally Revolution Beauty (REVB) which will be either a zero or a penny stock but not until after Christmas.

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81 days ago

Tom Winnifrith Bearcast: President Trump offers you a great investment

I start with a bit of political betting – folks like Lucian will be wailing as the Donald makes his come-back. I kid you not. Then how ill prepared companies are for the coming economic and stockmarket shit-storm. Two case studies I mention which are, IMHO, uninvestable are Rosslyn Data (RDT) and Yourgene (YGEN). Then onto why Argo Blockchain (ARB) and its dead cat bounce is a chance to add to one’s short.

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81 days ago

Tom Winnifrith BONUS Bearcast - 10 or is it 12 shares to go to zero by Christmas

Is it 10? Is it 12? You decide. You may say there are a couple of cheats in there. Enjoy.

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81 days ago

Video: The End of a Rate Hiking Cycle is Great for Gold

Author and political risk analyst Larry McDonald says that he is concerned about the impacts of rate hikes in Japan and around the world. Central banks are very nervous because they can’t assess the damage inflicted by their policies for many months.

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81 days ago

My enormous joy as I hear the bleating of the twitter staff as Elon Musk prepares to sack half of them

I have always taken the view that Elon Musk is a crook and that he has committed serial fraud at Tesla (TSLA). It is so 2022 that this has made him the world’s richest man. Notwithstanding that, the way he is dealing with his new toy twitter is a joy to behold, not least in the way that it is causing wailings and howlings from all corners of the liberal world, especially today as Elon has said he will sack half the workforce by the weekend. Pro tem Elon is my hero!

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83 days ago

The liberal media runs scared of the mid-terms Red Wave – denial on BBC Woman’s Hour

The liberal media is now waking up to the idea that, tomorrow, American voters will use the mid-terms to blow an enormous raspberry to their man creepy Joe Biden and to the whole ultra woke agenda of their beloved Democrats.  Well, that is to say they know that the GOP will hand out an enormous whipping but they cannot admit why.

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83 days ago

Mode Global – C’mon Rowland why is today’s RNS not indicative of rule breaking?

Jonathan, son of Spotty, Rowland is, as I demonstrated yesterday a bit of colourful old troll. Today his company, Mode Global (MODE) issued an RNS which is surely indicative of rule breaking. But rules are only for little people are they not?

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83 days ago

Tom Winnifrith Bearcast: I apologise to between 70 and 75% of Australians

After that apology to most of the citizens of a nation that has turned Philistinism into an art form I discuss the Bank of England hiking base rates by 0.75%. Then it is onto ouzo man and Purplebricks (PURP) before I turn to two gold stocks that could now rocket by Christmas, Kefi Gold & Copper (KEFI) and Bluebird Merchant Ventures (BMV). I own shares in both and both have two reasons for a dramatic near term re-rate. Then Trainline (TRN) where the outlook is not so bright.

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83 days ago

Mode Global and another promoter who tweet trolled goes silent: Jonathan Rowland

Jonathan Rowland the son of the colourful “Spotty”, and the founder and boss of crypto-shite play Mode Global Holdings (MODE) has been deleting some tweets of late, notably those where he trolled Gary Newman for suggesting that shares in his promote, masquerading as a company, were grossly overvalued. Over the past year the shares have collapsed by 91% and now trade at just 3.2p. In light of that, perhaps investors might wish to review some of Rowland’s tweets he forgot to delete, as we have now saved them for posterity. Oddly Rowland is not tweet ramping these days, I can’t think why.  Enjoy.

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83 days ago

Eight Capital – the comedy show scam goes on: proposed £10 million placing

The bastard little brother of the fraud [email protected] capital (SYME), is the Aquis comedy show that keeps on giving. How can Aquis expect to be taken seriously when it offers a platform to rogues such as Eight Capital (ECP) bosses Dominic White and David Bull of PCF infamy. Today Eight has launched a £10 million fundraise at 0.02p. Its market cap at 0.025p is just under £4 million and even that is mighty generous. By about £4 million.

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83 days ago

INVESTIGATION: Jay Bhattacherjee becomes Non Exec Chairman at SDX, whatever became of Nu-Oil?

On Halloween 2022 shareholders in SDX Energy (SDX) were told that Jay Bhattacherjee was joining as Non Executive Chairman? Trick or Treat or both?. The trick first, the RNS states:

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83 days ago

Photo article from the Welsh Hovel - bonfire prepared in pouring rain

If I am a bit slow this morning it is because friends C & D led me astray last night after our bonfire party with the home made plum and damson vodka. The whole event went down well with much praise for my portuguese stew, damson and plum vodka crumble and ice cream for the kids and mulled wine and vodkas for ther grown ups. But as but as Joshua and I built the fire with a stack of old 1970s doors that were left lying in a barn, it just tipped it down with rain. He hid in the shed, I laboured on. I rather worried that it would not light.

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83 days ago

Yourgene dismal trading update: the Lady doth protest…surely a placing needed

Once upon a time, Yourgene (YGEN) was a growth stock, the sort of company where shoot the lights out sales increases justified a lofty multiple which might allow for yet another fund raise. How times have changed. Today’s trading update was piss poor and, whatever bearded boss Lynn Rees might say,  there must be a very high chance of a 2023 placing, as I warned three weeks ago HERE.

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83 days ago

Mast Energy dissembles (again) as new death spiral taken out

Joining the Standard List at 12.5p in April 2021 when it raised £5.54 million Mast Energy (MAST) has form when it comes to deceiving investors and today’s news of death spiral funding is no exception to that behaviour.

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83 days ago

Tom Winnifrith Bearcast: 10 stocks to go to zero by my birthday? Verditek is certainly on the list

I will do that as a bonus bearcast at some point this week. But as a teaser Verditek (VDTK) is on the list and I explain why. My Birthday is in January BTW. I cover Cineworld (CINE), ADM Energy (ADME), Technology Minerals (TM1) and Lyin’ Chris Cleverly and the CEO chap who dressed as a “good” Nazi. I also go through the numerous rad flags at Alien Metals (UFO) which makes it a dog with fleas at any price.

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83 days ago

Alien Metals – More fun and games with Windfield: which dozy feck of a Nomad let this through at this MINUS 99.44% dog?

The other day I suggested that AIM needed to introduce a Lenigas law whereby if a known associate of a company director sold his asset to that company he needed to declare how much he paid for it. Lenigas has punted on 2 assets on an undisclosed mark up to his pal Richard Poulden at Wishbone Gold (WSBN) where, for reasons I find it increasingly hard to justify, I am a shareholder. But Alien Metals (UFO) is another can of worms. And guess which penny share huckster pushes this one.?

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83 days ago

The FRAUD [email protected] Capital – snouts in trough and more indications that Tradeflow is likely to be sold

Today the fraud [email protected] Capiital (SYME) announced the following grant of awards under its Long Term Incentive Plan. Do not laugh, I kid you not:

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86 days ago

Back from the dead Iconic Labs – relisting soon?

Iconic (ICON) is looking to be the corporate equivalent of Lazarus.  Administrators were appointed on 4 June 2021 and its shares were suspended on 7 June 2021 but incredibly there are now signs of life. At 4.50 pm on 1 November 2022, Iconic issued the following text in a RNS titled “EHGOSF Subscribes to a £150,000 Second Tranche Under £3 Million Financing Facility”:

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86 days ago

Shameful: The Daily Mail delights in reporting almost 1000 Russian soldiers killed in one day

As always in commenting on events in Ukraine I have to flag up at the start that Russia was wrong to invade since in the current febrile atmosphere not doing so sees one branded a Putin apologist. And that means that you are questioned if you dare to challenge what is almost certainly fake news and, on this conflict, in Briitain, the Daily Mail is the biggest villain on that score.

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87 days ago

Photo Article from the Welsh Hovel: The apple harvest continues but the end is in sight

I gather that in England drought orders are set to remain in 2023 but here in North Wales there is no shortage of water. As you might gather from the picture below, the River Dee is rising and the rain is still beating down. There is now a small stream running down the lane to the hovel and through the farmyard towards the river. It is my apple orchard, the older of the two, which sits on the river bank and will be the first to be flooded if the water rises by another five foot or so which it might well do.

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87 days ago

BREAKING: Here is the actual Cineworld court judgement

Here it is in full. And to think some morons (who almost certainly have not read the court document below at all)  think judgement yesterday is good news for Cineworld (CINE). As you can see, everything is up for sale and there is a strict six week timetable. At that point there will be sod all left for shareholders so it is a zero by Christmas. Enjoy.

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87 days ago

Tom Winnifrith Bearcast: Insanity at Ocado while the curse of loathsome ex Tory MP Tony Baldry strikes again

In today’s podcast I look at Cineworld (CINE), Ocado (OCDO), Versarien (VRS), Rosslyn Data (RDT) – going right back to its fraudulent prospectus c.o Cenkos – and Westminster Group (WSG) where the curse of Baldry of the fraud 3DM infamy strikes yet again. Talking of vile Tory MPs, I mention Matt Hancock at the end. At least with Baldry his fingers were only in the pork barrel.

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87 days ago

Canadian Overseas – it is what it does not say that should scare shareholders witless

The ability of Arthur Millholland to destroy shareholder value while living the life himself is well documented over many, many years at different companies and has already played out as expected at Canadian Overseas Petroleum (COPL). What is NOT stated in today’s trading statement suggests things are going to get much worse. What is said is a desperate ramp to help with the ongoing death spiral conversion.

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87 days ago

Cineworld DISGRACE – shares up 220%, short the f*ck out of it and thank the FCA for being so utterly useless

There has been news but no RNS. So for 24 hours there has been a false market in Cineworld  (CINE) with morons now buying the shares at c8p or higher. They are misunderstanding what has gone on in a void as Cineworld has issued no RNS statement. This is a regulatory disgrace, which again shames the FCA, but take advantage of it and short the feck out of the shares.

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87 days ago

VINDICATED AGAIN: Made.com – it is over now: Administrators appointed

While the brokers told you to fill your boots with shares in Made.com (MADE) after its £775 million IPO last June, I warned you again and again that this would end badly, as you can see HERE. Made featured prominently in my 2022 ShareStock presentation. This company never had one profitable year in its 12 year existence and now as it calls in the administrators, shareholders have lost everything and the recriminations begin, led by establishment knobhead Brent Hoberman who founded this crock.

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87 days ago

How quickly the world changes: reading Albanian Journey by Bernard Newman

This was one of the thousands of books belonging to my late father. It is very short at 80 pages so I raced through it after going to bed early last night after it almost leapt out at me from a bedroom shelf.  There is no date on this, rather obscure, volume but I guessed almost correctly. 1938.

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87 days ago

Tom Winnifrith Bearcast: I hope you are still short of Avacta said the defamatory & ignorant moron before I blocked him. I hope he stays long & strong

I start with proof below of what an “earth mum” I have become and the blue tick issue on Twitter. Then I look at Avacta (AVCT), Chill Brands (CHLL), Wildcat Petroleum (WCAT), Pure Gold (PUR) and ouzo for Nigel and then Argo Blockchain (ARB) a triumph for the forces of good, transparency, honesty and hard analysis. That is to say myself & Boatman Capital. And a disaster for certain named individuals who are drawn from the forces of evil.

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87 days ago

And here's yet another bogus Gary Newman on twitter: I am Gary, you are Gary, we are all Gary (again)

Elon Musk need not worry about snowflakes quitting twitter and so numbers dropping. He seems to be getting new folks joining all the time. The hate preacher Anjem Choudary says that if Elon believes in free speech he wants to rejoin in order to preach his support for ISIS, for killing jews and homosexuals and for turning Buckingham Palace into a mosque, Over to you Elon. And there are new bogus Gary Newman’s appearing, to swell the ranks of Elon’s customers. This one has now disappeared but, as you can see below, a new bogus Gary has appeared.

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87 days ago

As David Lenigas ramps away, Gibraltar Regulator says yes to Valereum buying the Gib Stock Exchange or does it?

Richard Poulden’s Valereum Blockchain (VLRM) first applied for permission to buy the Gibraltar Stock Exchange on 25 October 2021. Today it says that Gib’s equivalent of the FCA, the FSC has cleared the deal. But has it?

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87 days ago

MGC Pharmaceuticals – so desperate to place but pro tem more death spiral vicar? Dismal quarterlies

I have warned you for a long time, notably with this dossier HERE, that Standard Listed MGC Pharmaceuticals (MXC) is a dog with fleas drowning in a sea of red flags. Today’s quarterlies, coming after six ramptastic announcements so far this month are piss poor and written with intent to deceive.

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87 days ago

BREAKING: Vast Resources bailout funding to stave off insolvency but warns will need another as MONSTER investor deception revealed AGAIN

On 24 October Vast Resources (VAST) held a GM where shareholders voted to allow it to issue more shares. But fear not, the chairman stated “ It should be stressed that there is no commitment at this time to issue the new equity share capital for which authority is sought, and it remains the policy of the Directors to minimise such issues.” That was deceptive as the company HAD to raise money this month to avoid going bust. Today, as I predicted, came the deeply discounted placing.

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88 days ago

Argo Blockchain – they think it’s all over...The Fat Lady leads the pitch invasion

Fear not. All of the rogues involved in ramping this one over the years have already made vast sums through share dumping and bloated cash payments. Peter Wall, Zak Mir, disgraced broker Andy Frangos, Adrian Beeston, John Story the list of colourful characters goes on and on but they are all okay, there is no need for them to launch a Go Fund Me page. But, Argo Blockchain (ARB) served up dire news this morning which means those mug punters, bulletin board morons and institutional investors alike, who have ignored my numerous explicit warnings, will soon do their conkers.

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88 days ago

B.P. Marsh and Partners – shares up on interims, but much more to come? In short: YES!

Previously writing on early stage financial services businesses investor B.P. Marsh & Partners (BPM) last month with the shares at 302p we concluded that they were still a Buy ahead of results for its half-year ended 31st July 2022. The shares previously closed at 284p but are now 304p on the back of the results.

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88 days ago

Tom Winnifrith Bearcast: Sohail I am not an expert but who is?

I prepare for Halloween with pumpkin carving and soup today. Photos tomorrow.  Sohail says he has given up on gold “experts”. I discuss this and then onto another area where there are a lot of “experts” who all talk their own book and it is the same one. I discuss house prices, volumes and stocks who I reckon will have a bad time includfing Purplebricks (PURP) which I expect to go bust in 2024, or possibly sooner

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88 days ago

The fraud Umuthi - a final stake in its LSE heart from the FCA?

Those who read our devastating series of exposes on Umuthi Healthcare (UHS) will have been in now doubt that company brought to market here in London by the fraudster Queen, was a fraud.  The real scandal was that the FCA ignored all the red flags to allow a listing. At least, in the end, it gave Umuthi the boot. Umuthi appealed but that appeal was last week rejected

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88 days ago

Tom Winnifrith Bearcast: Malcolm is wrong, wrong, wrong today

Comrade Malcolm Stacey is yakking on about buying green shite shares again today. I explain why he is wrong at four levels to do so. I reference an article I wrote today HERE on floods in Pakistan and a few years ago on droughts in Zim South, specifically Cape Town. On Global warming do not acccept what the MSM, especially Malcolm’s pals at the BBC tell you, drill down to the core facts… Today’s episode shows again that there is no “house view” on this website

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88 days ago

BBC – more fake news: the Georgia Senate Race, the liberal media reacts to impending mid-term red wave

About a week ago, BBC Radio 4 turned its attention to the Georgia Senate race. This is one of the battleground Senate contests, Democrat incumbent Raphael Warnock facing a challenge from ex American football star Herschel Walker for the Republicans. The mid terms are going to be bleak for the Dems and the BBC is wetting its knickers, running frit.

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88 days ago

Video: The Financial World is One Giant Ponzi Scheme

Writer Steve St. Angelo of the SRSrocco Report does not hold back on how corrupt the financial world has become.

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88 days ago

ITM Power, the best time to kick a man is when he is down

A couple of years ago I did a podcast suggesting that the share price of ITM Power (ITM) was truly bonkers.  In the mad rush to buy “green” investments it then got a bit more “truly bonkers”. That is the problem with bubbles, they can just keep on expanding far longer than most folks think, defying all logic.  And green energy clearly is a bubble.

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88 days ago

Tom Winnifrith Bearcast: ouzo for me as the shysters at Bidstack fess up after my scoop but Parsley Box shares up 150%, WTF?

In today’s podcast I cover Bidstack (BIDS) where after today’s disingeneous ‘fess up folks are delusional. Then I look at Parsley Box (MEAL), Vast Resources (VAST), Canadian Overseas (COPL) and Argo Blockchain (ARB

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88 days ago

Video: Mining's greatest ever scam and today's biggest scam

If you are younger than me you probably cannot remember Bre-X. It was a monster scam.  Asset manager Warren Irwin was not only around at the time but he visited the site and now tells the tale. 

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88 days ago

Tern – Device Authority fund raise: a maths lesson for morons

Sub scale investment company Tern (TERN) has announced that it has invested a fresh $303,000 in loan notes issued by Device Authority, its largest single investment where it has a stake of 53.8%, Two matters of grave concern should leap out at you.

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90 days ago

Jon Sopel on #Pelosigate- a warning that the 5th wave of #TrumpDerangementSyndrome is upon us

I think it might be an impending thrashing for the Democrats in the mid terms a week tomorrow which will see both the House and the Senate switch to the GOP., which has prompted the 5th wave of RDS among the media elite.There is certainly a new wave of the pandemic for which there is no known cure but which appears to be linked to long term exposure to the Guardian, CNN or the BBC.. I refer to #TrumpDerangementSyndrome. Poor ex BBC staffer Jon Sopel, has yet again gone down with the syndrome as you can see below. He blames an attack on the husband of House Speaker Nancy Pelosi on Donald Trump.The facts? They do not matter if like poor Jon you suffer from TDS.

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90 days ago

Vast Resources – less than 2 working days away from suspension or is a deeply discounted placing underway?

Last year Vast Resources (VAST) had to complete an emergency and deeply discounted fund raise in October as without it the auditors argued the company was insolvent and so refused to sign off on the books. Even post placing they flagged up a material uncertainty. So what of 2022?

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90 days ago

Happy Anniversary Baby, Got you on my mind – Eurasia Mining

Younger readers than myself may have to do a google on the track from the Little River Band but the reference today is Eurasia Mining (EUA) as we have yet another anniversary in the great bid spoof. This matters as Eurasia rapidly runs out of cash. This is a one year anniversary. To recap:

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90 days ago

GOTCHA: Bidstack forced to fess to damning email thanks to the Sheriff of AIM but it still dissembles

I wrote to AIM Regulation yesterday and it is clear that it has acted forcing the rogues at Bidstack (BIDS) to come clean about the “Private” bust up with Azerion email sent to some clients of Nomad Stifel yesterday, an email, that thanks to Winnileaks, I published in full within hours of it being sent. And the regulators have forced hapless Lyin’ James Draper to roll back on claims in that email.

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90 days ago

Letter to AIM Regulation: Enough is enough, this (third) time surely it must slam Bidstack?

Yet again Bidstack (BIDS) has leaked clearly price sensitive information into the market to only certain folks, that is to say, selected clients of its Nomad and broker Stifel, rather than via RNS as I exposed earlier HERE.  But this is not the first such sin by Bidstack which it has committed in collusion with Stifel.

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90 days ago

Tom Winnifrith Bearcast: this is a bloody good one if I say so myself

Sometimes I switch off my PC thinking that was not a very good podcast. Most days I am content but today is one of those days when I think “that was a bloody good podcast” I start of with why this website is not free and how you need to change business models if the world changes and then as to the strange idea that we have a “house view” on any given stock. That is with reference to ITM Power (ITM) which I then cover in detail (more ouzo for me and for Peter Brailey, cold cabbage water for comrade Malcolm Stacey of the 6th Guardianista peaceand flower power corps). I also look in detail at the spoof from Advanced Oncotherapy (AVO), Deepverge (DVRG) en passant, but which is covered in more detail HERE, and Bidstack (BIDS) after my bombshell expose c/o Winnileaks earlier. A good day’s work. Now I can go and weed my onion patch in peace. 

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90 days ago

Photo Article from the Welsh Hovel - harvesting and cooking the dog's arses

The thing with dog’s arse fruit, or the Nottingham Medlar, is that you must wait till the fruit are rotting to harvest. That they now are and so as a half term treat, Joshua, myself and Jaya went to harvest the one tree we planted a couple of years ago in the new orchard. It is only about five foot tall so even Jaya could pick the fruit from the lower branches.

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90 days ago

EXPOSE: Tintra : more losses, multiple rule breaches and more jam tomorrow

This company wants to be a regulated financial services player so you might have thought that sticking to the rules mattered. Er…

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90 days ago

Wildcat Petroleum admits it again misled investors and broke rules as placing confirmed

Of course, Wildcat Petroleum (WCAT) lied to investors with its very first RNS as a quoted company so what follows suggests that this wild cat is a leopard and its spots have not changed.

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90 days ago

BREAKING: Private email: Bidstack fesses to Azerion litigation, end of partnership, spins as a takeover ploy

This is shocking. What is clearly adverse information is being withheld from the market but is being sent to selected investors by Lyin’ James Draper the CEO of Bidstack (BIDS).  None of what is in the email below, received via the Winnileaks service today, is referenced in yesterday’s trading update. This is shocking. Surely even the Oxymorons at AIM Regulation should force a statement?

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90 days ago

Made.com – another nail in the coffin: company talking to administrators yet?

I wonder how top brokers value Made.com (MADE) these days? Meanwhile back in the real world we have another nail in the coffin.

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90 days ago

Deepverge raises £10-12.5m at 2p: everyone (apart from existing shareholders who are utterly screwed) is happy.

£10 million in a placing at 2p. Plus a broker offer raising up to £2.5 million more. Lovely Jubbly. Everybody connected with the POS Deepverge (DVRG) is happy, except shareholders who have, again, been royally screwed. As I oft predicted. So who are the winners on a day when Deepverge fessed up to yet another undeclared related party transaction involving Gerry “the arse” Brandon.

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92 days ago

Fact check: the global warming grifters at the BBC, the Red Cross and elsewhere salivate as Pakistanis drown: what about 1841? Or all the other floods

1,717 Pakistanis have now drowned in the big floods this year and naturally the misery and suffering of this event should be no cause to celebrate. But for grifters like the Doom Goblin Greta Thunberg, the BBC and the Red Cross (HERE) events out East have been a cue to whip up hysteria and demand action. And, of course, money. But the facts: do they matter any more?

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93 days ago

Union Jack Oil – spot the difference competition

With a hat tip to our own Gary Newman I bring you two screen shots from Union Jack Oil (UJO), the company run by journalist trolling David Bramhill. One was a statement it made after Liz Truss ended the fracking ban. The second is a tweet issued by the troll and his company after Rishi Sunak moved to re-ban fracking. Now can you spot the difference? As a tie break in case that proves too easy, in 100 words might you explain in the comments section below, why such commentary makes Mr Bramhill suitable to run a public lavatory let alone a public company?

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93 days ago

Tom Winnifrith Bearcast: a new share bought by my pension

I end the podcast discussing what it is and what my short and long term targets are and why. I start with Brent Hoberman and when we crossed swords first and why he is such a wanker. That was back in the days of Lastminute.com (LMC) and it showed me how the British establishment always looks after its own however much they screw up. Brent was the founder of Made.com (MADE) which I discuss. Then it is onto Union Jack (UJO), Angus Energy (ANGS), IGAS (IGAS) and Uk Oil & Gas (UKOG) and fracking. I look at Bezant Resources (BZT) as wretched Colin Bird prepares for his next bailout with all the usual ramping. Finally, TP Group (TPG)

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93 days ago

BREAKING: Now almost bankrupt Made.com lies to its customers (AGAIN) as it stops taking orders

Yesterday, Made.com (MADE) admitted that having failed to refinance and failed to find a trade buyer the game was almost up. What else would you expect from a company founded by blaggers and bluffers like Lastminute’s Brent Hoberman and Chloe Macintosh who is now pushing Kama, a sexual awakening app and which has booked a stonking loss in every year of its 11 year history. Millionaire banksters might not have seen this coming but I sure did.  Today the company had more news for investors as it AGAIN lied to its customers

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93 days ago

Genflow Biosciences – time to interrogate the share register, is the convicted pump & dump fraudster still there?

With normal companies and normal investors, one assumes that if a big stockholder has been selling you will see a TR1. But in some cases you would be wrong for making such assumptions. You will remember that Genflow Bioscences (GENF) was created for the Standard list by convicted penny share pump and dump fraudster Ron Bauer and his “known associate” Adrian Beeston. After the IPO at 8p in January of this year family Beeston and Bauer held c20% of the equity. Today the shares slumped to just 1.9p

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93 days ago

The wretched, corrupt and pointless world of broker research - Made.com

My youngest daughter believes that Peppa Pig is a work of literary genius. Her big sister Olaf believes in man made global warming. Joshua believes in Father Christmas and I have some belief about what woould be good for Cheryl Cole. Meanwhile, Cliff Weight of Sharesoc and our in house BB messiah PL believe in the utility of broker research. I bring you three notres on Made.com (MADE), floated at 200p last June and shares in which are now c1p.

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93 days ago

GOTCHA! Parsley Box – delisting on the menu as the money runs out

The fight to be the worst IPO of 2021 is a bitter one but along with Made.com (MADE) which pre-published its own obituary this afternoon, Parsley Box (MEAL) has to be a contender and again I warned folks numerous times that this was a dog with fleas. Today it served up news which went down like a wet dream involving Liz Truss.

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93 days ago

GOTCHA! Made.com …they think its all over…..200p to 1p in 16 months

Hurst has not stuck the ball in the back of the net yet but the crowd of bears are on the pitch clutching bottles of ouzo and is that a Fat Lady I see among them?  Surely this disgrace from the IPO class of 2021 is doomed after the latest news? You cannot say that I did not, on numerous occasions, warn you all

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93 days ago

Tom Winnifrith Bearcast - The Chesterfield Pacton Deal, more reasons it stinks: sell with a target of zero

I start with Union Jack Oil (UJO) – is the special dividend a cue to turn bullish? Then onto the ominous silence at Wildcat Petroleum (WCAT). Finally a follow up on the Chesterfield (CHF) Pacton spoof. It gets worse. Much worse.

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93 days ago

Tom Winnifrith Bonus Bearcast: Who painted the Earl of Abingdon & is Deepverge's Gerry Brandon spoofing about being fired as CEO to get bailout placing away?

The mystery of the Earl of Abingdon remains and it is why I am late with the first of two podcasts today. Then onto Deepverge (DVRG) the firing of Gerry Brandon (real or spoof), the 100k screw by Mrs Brandon and the placing about which the company cannot but help tell a porky.

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93 days ago

Tom Winnifrith Bearcast: Hanging is too good for them but at least how about a suspension

I mention, en passant, our next PM the economically illiterate Rishi Sunak and how boorish I find Tory MPs. Then I look at Vast Resources (VAST), Pure Gold (PUR), Mirriad (MIRI), Deepverge (DVRG) and Advanced Oncotherapy (AVO) and the fat conceit that is Crispin Odey.

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95 days ago

The latest pump and dump from Ben Turney at Kavango – what would old flip flop have thought of this nonsense?

Flip flop Ben Turney used to be a (pretty good) journalist on this website exposing pump and dump CEOs who talked bullshit. What would the Ben Turney of old think of his latest antics at Kavango Resources (KAV), CEO Ben Turney of the parish of Flip Flop.  According to flip flop, as he today announced a £3 million placing at 1.8p, Kavango is “targeting the discovery of world-class mineral deposits in Botswana”. In a similar vein, thanks for subscribing to ShareProphets, your cash will allow me to continue targeting a night in the sack with Cheryl Cole. This latest placing is a shocker.

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95 days ago

Deepverge shares tank another 17% - now just 2p to sell: statement needed asap!

The silence is ominous. If Deepverge (DVRG) cannot get a placing away it will have no cash and £4 million of debt (plus interest) to repay. It is, in short, screwed. Toast. Kaput. A dead parrot. It wanted to raise £9 million at 5p. Then it became at 3p. Then, the word is, it became 2p. But with the shares are now just 2p to sell…

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98 days ago

Tom Winnifrith Bearcast: the Lenigas Law & 1 other proposal for the UK stockmarket

Events at Wishbone Gold (WSBN) where I am, of course, a loyal shareholder, prompt me to suggest a change to UK Regulation, the Lenigas Law. Today’s Wildcat Petroleum (WCAT) exposé prompts me to suggest another. I comment on how if Rishi Sunak is “sound money” man then I am slimmer of the year before flagging up a far bigger political influence on markets over the coming six weeks. 

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98 days ago

BREAKING: Wildcat Petroleum makes outrageous claims as tries to complete Pello placing by Monday night!

This is simply shocking. The proven reserves Wildcat Petroleum (WCAT) owns are zero. Nil. Rien. Yet in emails boss Mandhir Singh has been pinging out which have fallen into the hands of Winnileaks he is claiming that his company is “billion (sic) of barrels of oil”. And after a massive pump last week. Guess what….

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98 days ago

BREAKING: The £65m boiler room FCA boss Mark Steward refuses to act on, so now the lads are at it again – Eden Pharma

Time and time again I warned on this website that Appbox Media and OneTrueView were boiler room scams. In all £65 million was stolen from investors who have lost everything. I did contact the FCA about this matter and in May this year, Mark Steward Executive Director, Enforcement and Market Oversight finally replied. He washed his hands of the matter which is good news for the chaps involved as they are at it again! Maybe they can take the total stealings to £100 million while the FCA sleeps.

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98 days ago

BBC Radio 4 Woman’s Hour, facts and delusion, equality demands more money for women’s rugby

Yesterday I discussed how BBC Radio 4’s flagship show, Woman’s Hour, consistently ignores facts on the gender pay gap to push its narrative of victimhood. But this is not an isolated occurrence.  Just before the start of the Women’s Rugby World Cup, an England player was on for interview.

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99 days ago

Tom Winnifrith Bearcast: the Victoria related court papers are a bombshell but beware bears, stick to Deliveroo instead as its valuation is bonkers

I start with today’s bombshell court papers involving Geoff Wilding of Victoria (VCP) and ex PM Malcolm Turnbull and a warning for bears. Then it is onto Deliveroo (ROO) where bears should tuck in.

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99 days ago

Valereum Blockchain – what on earth has caused a regulator to spend almost a year vetting it as suitable?

Richard Poulden’s cash guzzling car crash of a company, Valereum Blockchain (VLRM) yesterday tried to reassure investors with a statement regarding its proposed purchase of the Gibraltar Stock Exchange. But the statement begs more questions than it answers. Valereum says

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99 days ago

BREAKING BOMBSHELL EXCLUSIVE: A former Prime Minister taking Victoria boss Geoff Wilding to court alleging fraud – shocking documents

You have to pick these documents up in person. Luckily, I know a man who knows a man in Australia and thus I bring you legal documents which cast a very big shadow on London listed carpets roll up Victoria PLC (VCP), which at 534p is capitalised at a bonkers £634 million.

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99 days ago

Video: The Feds Choice is Hyperinflation or Destroy the Economy

Vietnam veteran and author Robert Moriarty says, “I’m an equal opportunity anarchist, I despise all governments equally. They’re all stupid and are doing these incredibly short-sighted things.” What a star!

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99 days ago

Radio 4 Woman’s Hour – it just cannot let facts override a narrative of victimhood: Part 1 the gender pay gap

To torture me, the Mrs. leaves the radio tuned to Radio 4 in the room in which I work and I am too busy scribbling to turn it off and then the clock strikes 10 and it is Woman’s Hour and it is just so unimaginably awful and misleading that I sit there gripped. Among the joys this week was a section on how girlfriends are more likely to be staying at home while boyfriends worked than vice versa, the “trapped girlfriend phenomena.”

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99 days ago

Bulletin Board Moron of the day contest – can you beat this idiot commenting on Deepverge?

I take an old fashioned view that an asset has value if it generates or will generate cash. In my view the assets of Deepverge (DVRG) do not fall into that category and thus have no value making the company worthless. Mr. Market may or may not disagree but where I stand is clear. Hence I have never owned the shares, never would and have always been 100% bearish. Simple eh? Not simple enough for one poster on the ADVFN asylum…

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99 days ago

Groundhog Day: More cash delays at Vast so is it a bailout placing within 10 days or game over?

Oh dear, oh dear. This looks awfully like 2021 all over again but can Vast Resources (VAST) manage to side step a rapidly advancing Fat Lady for a second year on the trot. In 2021 auditors refused to sign off accounts for the year to April 30 2021 as Vast was deemed insolvent. Only a massively discounted placing arranged at the last minute avoided a share suspension as accounts must be out by October 31. This year things look worse.

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99 days ago

Argo Blockchain – off another 7% at just 11.25p – how is that 27.6p fund raise and the Deepverge bailout going? Deafening silence!

This is clearly a disorderly market. If the investor flagged up by Argo Blockchain (ARB) who was thinking of investing £24 million at 27.6p is going ahead the shares are dirt cheap as a trading buy. If not then, ceteris paribus, Argo will have gone bust by Christmas. It is a binary bet and Mr Market is telling you that it looks more like the adverse outcome than the positive one. But we can all agree the market is somewhat disorderly. So what the feck are the Oxymorons at AIM Regulation playing at?

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99 days ago

Procook Trading Statement – things can only get worse

I explicitly warned you to dodge thie Procook (PROC) IPO at 145p less than a year ago. Today after a second quarter trading statement which saw frantic turd polishing the shares are just 35p. And, whatever the company says about Q2 trading, things are just not going to get better.

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100 days ago

Tom Winnifrith Bearcast: can anyone counter my bear case for On the Beach, surely a profits warning is due?

I start with today’s two big triumphs especially the Worthington (WRN) one - I remind you of exactly what happened. Then I discuss the mendacity of the claims made about ex Chancellor Sunak that he is economically competent. I note that I have some bombshell Court documents involving an ex PM and the boss of a several hundred million quid capitalised company. I shall publish them later. Though the corporate boss is reported to be litigious, the Sheriff is not frit. Then to On The Beach (OTB) and Vast Resources (VAST). 

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100 days ago

Massive Vindication for Tom Winnifrith No 2 - Chill Brands forces to restate results by FRC after TW intervention, letter in full

When I started exposing the fraud at Zoetic, now Chill Brands (CHLL) the shares were 76p. They are now 2.4p and, FWIW, running out of cash again so a sell. The other side fought hard. Seth Freedman – who had harassed Harvey Weinstein’s victims for Harvey - was engaged by a shareholder to threaten, menace and harass me and also two other writers here and a PR girl who is known to be a friend of mine. Shame on Freedman and those who defend him like Evil Knievil. I was not bullied into silence and so, after the massive Worthington vindication earlier, here is another one a, a letter from the Financial Reporting Council.I complained to it about Chill’s accounts. Hey presto, the FRC took action and – as you can see below – forced Chill to restate.

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100 days ago

Massive Vindication for Tom Winnifrith No1 – FCA takes Aiden Earley & the whole Worthington 5 to criminal court

Even the Mrs was laughing this morning as I reminded her of how investors in Quindell and a couple of other frauds I exposed lined up to crowd fund Aiden Earley as he tried (twice) to injunct me and force me to take articles down. We defied the threats  and those articles remain up to this day on this brave and courageous website and the trove of documents I dared to publish were all passed on to the FCA. The FCA has now charged Earley, his brother and 3 others, the Worthington 5, and they appeared in Court yesterday. As I scuttle off for a celebratory ouzo here is what the FCA states:

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100 days ago

Tom Winnifrith Bearcast - it is not all the fault of Liz Truss

I started with Ms Truss and how it is not her fault that the UK is in the mess that it is in. The entire media and political class is to blame. The it is onto Naked Wines (WINE), why action MUST be taken at the fraud Verditek (VDTK) and finally a long look at Amaroq Minerals (AMRQ) and a sort of look across at Kefi (KEFI) which also had news today.

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100 days ago

Letter to AIM Regulation: suspend Argo Blockchain until it clarifies its financial position

Mr. Market is telling you that there is something horribly wrong at Argo Blockchain (ARB) and that could well be a looming insolvency. A company that really was going to raise £24 million at 27.6p as Argo promised it would on October 7 would not see its shares languishing at 12p to sell. I have written to AIM Regulation as this is, one way or another, a false market.

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100 days ago

Made.com and that battle for cash - now it is a mid-season sale

WTF is a mid season sale? In September Made.com (MADE) was pushing a “clearance sale” to those who get its spam. Last night I was invited to save up to 40% in a mid season sale as you can see below. I guess next month it will be a pre Christmas sale, then a Christmas sale in December before New Year sales start in January. In short every month at what is meant to be a premium retailer sees it act like a discount retailer. One wonders if the ASA would like to check out details of its supposed “hurry before its over” sales promotions as you can bet the ranch that the next hurry before its over promo is almost ready to go.

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100 days ago

Letter to AIM Regulation & the FCA: why is this not fraud? Ref Verditek

I have written to both AIM Regulation and the FCA asking them to explain why Verditek (VDTK), the solar panels company chaired by Tory toff Lord David Willetts, has not – again- committed fraud. Surely there must be consequences or do the regulators think that crime should pay?

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100 days ago

Deepverge – shares collapsing, has bailout placing failed? Statement needed

Oh dear, oh dear, shares in Deepverge (DVRG) run by Gerry “the journalist trolling arse” Brandon have collapsed again today and are now just 2.25p bid, 2.375p mid. And to think that – as I exposed HERE – the company started its current bailout fund raise with Turner Pope trying to raise £9 million at 5p. Ooops. The arse assured us that the response from a roadshow had been positive but the share price today (off another 17%) suggests either frantic forward selling or that the placing is flopping altogether.

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100 days ago

BREAKING: Cathal Friel explains why the Reabold board must be sacked – back Cathal & sack the losers

Reabold Resources (RBD) now faces a sack the board resolution spearheaded by Donegal’s finest Cathal Friel. Friel has, in various share issuances, poured vast amounts of Euro into the company. He has skin in the game and he and fellow shareholders owning 6.93% collectively want change. They have had enough of failure being rewarded. As you can see HERE, we have exposed the charlatans who run this company before. And in response to the resolution, the charlatans are playing fast and lose with the truth once more. They say:

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100 days ago

Tom Winnifrith Bearcast: the old Etonian dressed as a Nazi, Lyin' Chris Cleverly, the chancers Tatnall & Longley - the party at Technology Minerals

In today’s podcast I discuss coverage of my friend Richard Poulden and Valereum Blockchain (VLRM) which is now utterly toxic. I mention Wishbone Gold (WSBN) en passant. I look at Verditek (VDTK) where AIM Regulation must now step in to tackle fraud then at IOG (IOG), lessons from the demise of Toople (TOOP) and then an expose of the  events at Technology Minerals (TM1) where you really just could not make it up.

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101 days ago

Ouzo for the Sheriff, time for Richard Horseface to sing the ShareProphets National Anthem – Toople goes bust

With serial failure Richard “horseface” Horsman as chairman since its 2016 IPO, Toople (TOOP) has always been a disaster and I have always been a bear. The CEO changed regularly but the pattern of cash guzzling underperformance was always the same. Oh, and it also lied to investors as I showed most recently, HERE. That is never a good sign. Today the Fat Lady has arrived bringing a bottle of ouzo for the Sheriff as she gets read to sing with the loser Horseface.

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101 days ago

Chesterfield Resources – Canada SPOOOOOOOOOOOOOOOOOOF sale: bailout placing for Christmas vicar?

Oh dear, oh dear. Some folks paid 2.6p for Chesterfield (CHF) first thing when news of the “sale” of its Canada assets was announced. But it’s a big fat Canadian spoof and the shares have retreated as even the morons picked up on this and are now 2p-2.3p. And when the deeply discounted bailout placing is served up for Christmas those buying at 2.6p. Ouch. I hope they lubed up. So this is why this is a spoof.

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101 days ago

UPDATED: Aquis Regulation forces Richard Poulden's disgraced Valereum to ‘fess about advisor resignation

On 14 October Richard Poulden’s Valereum Blockchain (VLRM) the cash guzzling POS ramped by David Lenigas announced that it had switched Aquis adviser from Peterhouse (credible) to First Sentinel (er…). Poulden presented this as a triumph tweeting, disingenuously,:

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101 days ago

BREAKING: Verditek – that old bogus contract win and share placement pump and dump AGAIN, time to kick this fraud run by a Tory Toff off AIM

At what point is AIM Regulation going to say that enough is enough and kick Verditek (VDTK) into touch for what appears like serial securities fraud? Or do the Oxymorons at AIM Regulation consider that announcing contracts every single year since the 2017 IPO, contracts which eventually come to nowt but allow a share price pump and bailout placing, to be acceptable? Today we have another case study of the Verditek contract fraud.

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102 days ago

Tom Winnifrith Bearcast: Up the Town! Why can't Avacta tell the truth?

I start with a joke about covid and public sector workers, well the Mrs to be exact then a bit of football news. Then I look at Avacta (AVCT), Finncrap (FCAP), Sosandar (SOS) and Chill Brands (CHLL).

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102 days ago

Tom Winnifrith BONUS Bearcast - a bad death spiral meets a bad PLC, AMT Energy and Arena , a case study

Not all death spirals are the same and not all companies are the same. But some marriages are certain to end in disaster. AMT Energy (AMTE) meets the death eaters of Arena.

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102 days ago

BREAKING: Avacta lies as placing raises less than it tried for, takes out £55 million death spiral

When not working out how to bankrupt me with a cunning Greek plan, the morons insisted that there was no placing coming from Avacta (AVCT). Well here we go, time to apologise morons. Today Avacta has raised £7 million at 95p and hopes that an open offer will bring in another £2 million and says “The Company consulted with a number of its major shareholders prior to the Placing and is pleased by the support it has received from both existing and new shareholders.”. I can reveal that is a big fat lie. Two folks who were made insiders havie confirmed that Avacta wanted to raise £15 million but could not. So to say it is “pleased” is just a lie. It gets worse.

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102 days ago

Video:Metals are Close to a Bottom, Just Waiting on the Fed

Money manager David Brady explains why sentiment is a fantastic contrarian indicator for the metals sector.

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102 days ago

Tom Winnifrith Bearcast: Zak Mir, Powerhouse and DOM Howard White - you could not make this stuff up

I start with the latest  “let’s get TW hate campaign” with, this time, Avacta (AVCT) owning morons leading the charge. Suffice to say if folks this dumb are long you know to be short. Then onto ADM Energy (ADME), Deepverge (DVRG), ASOS (ASC), Sosandar (SOS), Boohoo (BOO), Wildcat Petroleum (WCAT) and then the laugh a minute show at Powerhouse (PHE), now at 1.65p a compelling short thanks to the antics of PR man posing as a journalist Zak Mir.

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102 days ago

Told y’all: Audioboom – profits warning but fear not more jam tomorrow

Across the West if we are not already in a recession, we are teetering on the edge of one. And, as such, everybody who is reliant on advertising income must have known what was coming. Except, it seems Audioboom (BOOM).

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102 days ago

Avacta Bulletin Board Morons discuss Greek dirty tricks against me – bring it on you morons, you are just so dumb!

My crime is to point out that Avacta (AVCT) needs to do a fund raise. My cats can do the maths. My one year old daughter can do the maths but still pointing this out is, among the faithful, seen as a crime in itself. But they have a cunning plan…truly even Baldric could not be this stupid.

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102 days ago

Boom to bust in 5 years on AIM, Neil Woodford baby Eve Sleep – a few lessons as £52m goes to money heaven

Eve Sleep (EVE) floated on AIM in May 2017 just two years after it started trading. It brought in Paul Pindar which had listed Purplebricks (PURP) the disruptor – no sniggering at the back – of estate agencies to help disrupt the world of mattresses which also needed disrupting. And Neil Woodford, whose funds owned 18% after an IPO which raised £32.8 million, was not the only fund manager who was made to look like a fool. Here is Luke Hakes of Octopus writing just after the IPO:

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104 days ago

Tom Winnifrith bearcast: Avacta placing at 80p? 3 signs we are in a bear market

On Avacta (AVCT) I ask the question. Then I look at 3 signs that we are in a real bear market mentioning, en passant, ADM Energy (ADME), Deepverge (DVRG), Colin Bird’s Tiger Royalties (TIR) and redemptions at OEICS..

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104 days ago

Amaroq Minerals – shares to recover following recent news flow and more ahead: BUY

Shares in Amaroq Minerals (AMRQ), formerly AEX Gold (AEXG), were above 40p in August before recently falling back to below 35p. They’re now back above 35p and we look for further recovery on upcoming news flow and sentiment improving.

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104 days ago

Lies, Damned Lies and The Mail's Jeff Prestridge on Neil Woodford as Hargreaves Lansdown faces a class action

The Mail on Sunday’s Jeff Prestridge has a scoop. There is a class action being launched against Hargreaves Lansdown (HL) for telling customers to buy Woodford funds when it was already aware that there were problems so bad that its own funds of funds were selling Woodford units. Good news. All those who stuffed folks into Woodfgord and ignored warnings that we started flagging up in 2015 should be held accountable. So who else was a massive Woodford supporter from 2015 until the funds were gated in 2019, even saying there was nothing to worry about the day BEFORE the gating? Er…

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104 days ago

BREAKING P45 for CEO Ossa the Tosser as price of rescue bailout of ADM Energy

I have lost track of how many times I have exposed the various wrongdoings of Osamede Okhomina, the CEO of ADM Energy (ADME)  but on the Cesspit that is AIM, in the end the Sheriff usually gets his man.  The shares languished at 0.52p at the Friday close, 99.84% off their all time highs but there is good news which ADM will now have to confirm on Monday. For I can reveal:

 
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104 days ago

Deepverge – is the share price telling you that the bailout placing really is at 2p?

Yesterday, shares in embattled Deepverge (DVRG) closed at just 2.75p-3p despite the reports here that its biggest liability, CEO Gerry Brandon ( aka the arse) had been handed a P45 and black bag. So where does this leave the rescue placing?

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104 days ago

BREAKING: [email protected] Capital – has death spiral provider Venus Capital already dumped 4.7 billion shares?

Yesterday at 5.38 pm the fraud [email protected] Capital (SYME) issued a TR1 RNS stating that Venus Capital SA now owned 13.95% of Supply amounting to 7,900,000 shares based on the 56,617,688,143 SYME shares currently in issue.  Cue major rejoicing by the morons on Twitter and the Bulletin Boards.  The various myths that the morons invented when the first Venus capital allocation of 2,770,000,00 shares on 27 April 2022 when Supply had 40,239,339,950 shares in issue which represented over a 6% stake to explain away the fact that no RNS was issue have been conveniently forgotten for the time being.

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104 days ago

Tom Winnifrith Bearcast: The Tories are double toast as Kwasi Kwarteng gets the boot & is Premier Miton now loss making?

I start on the sacking of the Chancellor. The Tories are – deservedly – electoral toast. Not that Labour will be any less incompetent. Then it is on to MGC Pharmaceuticals (MXC) and to Premier Miton (PMI)

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104 days ago

Tom Winnifrith BONUS Bearcast: Is it time to bottom fish Yourgene or is a bailout placing looming?

For various reasons, including the Mrs testing positive for COVID this morning, I look at Yourgene (YGEN) and my answers will not please long term holders.

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104 days ago

Valereum Blockchain – now adviser jumps from sinking ship

Over on twitter Richard Poulden and his fellow Australian hustler, the shameless penny share ramper David Lenigas, are claiming that Valereum Blockchain (VLRM) changing adviser is good news. Whatever….Back on planet earth.

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104 days ago

Video: Has Gold Lost Its Safe Haven Status?

Asset manager Tavi Costa believes that we are witnessing an unprecedented economic environment, one with massive withdrawal of liquidity from central banks and developed economies. He says that interest rates and bonds are collapsing across the entire curve and that the dollar’s move up has also been relentless. What is occurring is unsustainable. Tavi discusses how the world’s economies have fallen into three different categories.

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104 days ago

Bob Holt takes the reins at Revolution Beauty but “discussions with stakeholders” is ominous

It seems that Revolution Beauty (REVB) still cannot bottom out the massive accounting fraud which means that it still cannot get its accounts for the year to February 28 2022 published. To “help” the independent investigation being carried out by Forensic Risk Alliance and Macfarlanes, the executive chairman Tom Allsworth and CEO Adam Minto  are stepping away from running the business. Veteran Businessman Bob Holt, a good guy, will take charge of running the business. But look at the statement of what he is doing, the underline is mine.

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104 days ago

Tom Winnifrith Bearcast: Purplebricks 0p? Sell all housebuilders, Deepverge placing now 2p? Argo bust by Christmas?

The title is self explanatory on all counts. I discuss Purplebricks (PURP), the housebuilders where comrade Malcolm Stacey is very wrong, Mothercare (MTC) maternity bras and a 0p endgame, Deepverge (DVRG) and finally Argo Blockchain (ARB) which needs to come clean NOW.

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104 days ago

Photo Article from the Welsh Hovel - a twice a day ritual

Last night it was rhubarb as you can see below. This morning it was a sheet of the last green tomatoes, sliced. Tonight more of the tomatoes. And so it goes on day after day, until there will be nothing left to flash freeze.

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105 days ago

BREAKING: Dreadful RICS Survey – Purplebricks must be a zero, all housebuilder shorts

The latest RICS survey is utterly downbeat. Read its outcomes and you do not need to use complex spreadsheets to work out that a) Purplebricks (PURP) must be a zero as housing transaction volumes collapse and b) that shares in the housebuilders are heading only one way and that is due South. The survey is shockingly bad:

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105 days ago

Now this is speculation – has Gerry “the arse” Brandon been “resigned” as Deepverge CEO?

In yesterday’ response to my devastating placing expose of the prior day which it termed “market speculation” the RNS contact point at Deepverge (DVRG) was, for the first time in living memory not CEO Gerry “the arse” Brandon but  the company’s chairman Ross Andrews. Now across the internet there is real speculation.

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105 days ago

nanosynth – shares now just 0.3p, bankrupt by Christmas statement re past deceit and cash crisis needed now

Oh dear, oh dear, oh dear. The twice repeated lie that nanosynth (NNN) was raising £2.94 million via a Lanstead death spiral is unravelling at a speed of knots and that means that bankruptcy by Christmas is on the cards – a statement is needed PDQ.

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105 days ago

Argo Blockchain – now just 14.75p: surely AIM Regulation must force a statement

On 7th October Argo Blockchain (ARB) announced a three part emergency refinancing package. Two parts will see it limp through to November without calling in the administrators. The third part was news that an investor was preparing to stump up £24 million at 26.7p. But today the shares have fallen, again, to just 14.75p. Surely the Oxymorons at AIM Regulation must force a statement to clarify two vital matters:

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105 days ago

This ADVFN thread has not aged well - the moron who says he has lost £700,000 on Deepverge

The thread consists of just three posts and was when Deepverge (DVRG) shares were 21p. A few months earlier they had crossed 40p. What was wrong?

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106 days ago

BREAKING: Curzon Energy – time to come clean about your related party RTO and just go bust

On February 3 2021 failed oil explorer Curzon Energy (CZN) announce a short term loan the start of RTO discussions with Poseidon Enhanced Technologies Limited (PET). The period of exclusivity and repayment of that loan has now been extended 16 times but still the pretence goes on.

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106 days ago

The best time to visit mainland Greece is the autumn – November sea swims are fab

The last guests of the year arrive at the Greek Hovel today. It is October but the sun has kept the pool warm and it stays open until the end of the month. Then it shuts down until April. But you can still swim in the sea in November and it will be a lot warmer than Whitby in August. In fact, the best time to visit Greece is about now. For starters, everything from air flights to hotels (and hovels) are so much cheaper.

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106 days ago

Tom Winnifrith Bearcast: two years after my father's death two reasons he'd be happy today and one is celebratory ouzo

I explain what the other is and why I deserve a glass of the nectar of the God’s later. It is all to do with Deepverge (DVRG) and the vindication of yesterday’s scoop. I also explain for BB Moron Stuart Little why breaking the news of the placing was not only not illegal but was a real public service by me and also why I shall be writing to the FCA later asking for it to investigate placings by Turner Pope and Turner Pope’s clients. Ben and James, a.k.a. the Mitchell Brothers, that letter is not “market speculation” it is fact you dimwitted bellends. Then it is onto Argo Blockchain (ARB), Vast Resources (VAST) and to Wildcat Petroleum (WCAT).

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106 days ago

[email protected] Capital – more Prospectus compliance blunders signed off by the chumps at the FCA

After my earlier note on the howlers in the [email protected] Capital (SYME) Prospectus signed off by the poltroons at the FCA, I can now reveal that there are even more compliance related blunders in the Prospectus.

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106 days ago

GOTCHA: Deepverge admits my placing expose true but then tells blatant porkies (again)

Oh Dear, Oh dear, what is it with Deepverge (DVRG) boss Gerry “the arse” Brandon and misleading investors? It is like Warren Beatty and his sex addiction, the arse just cannot help himself.  He has admitted that my deeply discounted placing expose of yesterday is true and the shares have again collapsed. Oh dear. Oh dear.

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106 days ago

BREAKING EXPOSE: More howling prospectus errors signed off by the FCA – [email protected] Capital and the £24m blunder

The FCA must approve any prospectus for the Standard List and it has approved that for the fraud [email protected] Capital (SYME) so allowing it to issue more of its worthless shares. At a proper regulator heads would roll for these massive blunders.

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106 days ago

BREAKING SHOCKING EXPOSE: Deepverge on week long roadshow seeking £8 million at just 3p

The roadshow started yesterday says a reliable City source. Having raised £10 million last June at 30p c/o the scholars and gentlemen at Turner Pope and blown all of that plus a £4 million Riverfort loan already, Deepverge (DVRG) cannot make the first £500,000 loan repayment to Riverfort due on Sunday as I discussed earlier.

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108 days ago

The silly, IRA loving, girls of Irish soccer

As a progressive sort of chap, the second team I support in International soccer is, after Northern Ireland, our friends across the border in the Republic. But the Irish girls team don’t seem to like folks like me very much.

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108 days ago

Video: The Biggest Wealth Destruction Event in History

Ronald-Peter Stoerferle, author of the  “In Gold We Trust” reports is a cheery fellow. He  believes that recession concerns will be the focus in the United States instead of inflation. This may provide the Fed some leeway as the public will be distracted by the economy. Europe will be more concerned with sticky inflation issues as energy problems continue. He says that Europe is definitely in a recession, and it’s quite likely the United States is now as well.

 
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108 days ago

Tom Winnifrith Bearcast - Unemployment at 50 year low but when will Neill Ricketts bump up the number by one?

I look at unemployment data and why it is utterly misleading whatever the wretched Tories claim. Lies, damned lies and statistics. Then at what share prices can tell you: Versarien (VRS), Nightcap (NGHT) and Argo Blockchain (ARB).

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108 days ago

Ashtead – stockmarket darling for many years, now a short

It has been a stockmarket darling for years but plant hire group Ashtead (AHT) is a short at a current 4230p share price, around £19 billion market cap, and here is why.

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108 days ago

Argo Blockchain – Dire monthly trading update & share price crash begs massive questions about rescue refinancing

Last Friday’s news of an emergency refinancing package at Argo Blockchain (ARB) made clear – as I explained HERE – how bad the cash crisis has become. Today’s September trading update makes it so clear that even Stevie Wonder can now see what is happening. The update is a car crash from start to finish but Argo uses its same cut and paste from better times and says that it is “pleased” to provide the update. Yeah: whatever.,..

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108 days ago

BREAKING: Argo Blockchain faces US class action claiming fraud by company and directors

It never rains but it pours. I shall turn to today’s disastrous trading update from Argo Blockchain (ARB) shortly. But first, news comes in from New York of a potential class action against Argo ands its board, prompted by an investigation as to whether Argo and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. Of course they have!

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108 days ago

Deepverge needs a statement as 16th looms and it can’t repay £500,000: Does bloody Sunday lie ahead?

On the 16th of this month Deepverge (DVRG) has to repay £500,000 in cash to alternative finance provider Riverfort. And then the same again on 16th November, December, January and February before a final loan repayment of £1.5 million in March. Guess what? Deepverge does not have any cash. It is running on vapours and so will only survive into 2023 by drawing down more Riverfort debt. Now how to solve this?

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109 days ago

Photo Article from the Welsh Hovel - the last jam of the year, marrow and ginger

It has been a busy year for jams, chutney and relishes and so, as I pot my last jam, I am forced to use recycled Lloyd Grossman sauces jars. It is that time of the year again.

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109 days ago

Quarterly NPV: Wretched Colin Bird forced to sell Jubilee shares, the family silver, just how fucked is Tiger Royalties?

Of course, despite boasting that Tiger Royalties (TIR) is publishing its NPV, Net Portfolio Value, the shameless chancer and career penny share hustler Colin Bird neglects to tell us what current liabilities were at 30th September so we can only guess at that. More on that later but what we do see is a portfolio falling in value and becoming ever more concentrated in illiquid shit where Bird is in control. Today’s RNS is toxic.

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109 days ago

Imperial Brands – full-year trading statement, further shareholder returns ahead

Imperial Brands (IMB) has announced year ended 30th September 2022 “trading in line with expectations with growth in aggregate market share for top-five priority markets” and that a strengthened balance sheet and achievement of target leverage are to enable the immediate start of an ongoing share buyback programme. The shares have responded positively, up to 1940p, so what’s the detail?

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109 days ago

Cooks Coffee IPO from Monkey – why oh why?

Andrew Monk’s VSA Resources is bringing NZ listed Cooks Coffee to London with a dual Aquis listing.  Because the world needs more coffee shops as we head into a severe recession which will force discretionary spending off a cliff? Whatever you say Monkey.

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109 days ago

Tom Winnifrith Bearcast: Eccellenze, near the Nottingham Forest Wine Bar in Milan, I think your numbers are made up

Today is Canadian Thanksgiving so if this podcast is late it is because Darren and other folks in the socialist hell hole are giving thanks to a God they do not believe in for not being American. Normally they all celebrate with roasted turkey but after a few years of President Castro-Trudeau many of them have been forced to become vegans under the latest Hate Crime laws or will be chasing their cats as Felix will be the main course on the only special feast which is now affordable. The screenshot below relates to Zamaz (ZAMZ) as I discuss its latest acquistion where the numbers just do not add up. I also look at Versarien (VRS), Chesterfield Resources (CHF), Argo Blockchain (ARB), asking if the ptoposed funding is for real, and I discuss a weekend chat with ‘arry Adams of Kefi Gold & Copper (KEFI).

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109 days ago

BREAKING: Love Hemp – things going from bad to worse, bankruptcy looming, can even Novum stand the stench?

For disgraced Graham Mullis of (growing as of today) Novacyt (NCYT) infamy, things are going from bad to worse as new shocks emerge at Aquis listed Love Hemp (LIFE).

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110 days ago

Quick, fraud loving chatroom warriors: report me to Mark Drakeford & social services for poisoning my family with fried green tomatoes

In writing this admission, I reckon it is a good bet that some moron invested in a fraud I have, or am exposing, will take time out from discussing with other internet warriors about having me killed to report me to social services in Wrexham or our esteemed dear leader here in Wales, Mark Drakeford. The idiots at the Badger Trust have yet to apologise for harassing me after I was maliciously reported to them as being a badger killer. So, nothing surprises me although the local rozzers do now know about this sort of harassment and are thus ignoring spurious complaints from crooks like Julie Meyer rather than interviewing me as I laugh at the silliness of it all. Back to green tomatoes.

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110 days ago

Novacyt – details of the legal claim that could bankrupt it & which begs massive questions of £9m Graham Mullis

The Times has got hold of papers relating to the £134.6 million breach of contract claim made by the Government against Novacyt (NCYT), we reported here back in April, and this really looks as if it could bankrupt the company, currently sitting on c£90 million of cash. It also begs even more questions for ex CEO Graham Mullis who, if the Government is correct should be in jail for a £9 million bezzle not running Aquis listed Love Hemp (LIFE).

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110 days ago

Letter to Aquis Regulation – Valereum is ‘avin’ a Turkish at your expense

I have written to Aquis Regulation, ccing in the Financial Reporting Council, if Aquis needs some help with basic accountancy, on the subject of interims from Richard Poulden’s Valereum Blockchain (VLRM). These numbers need to be restated with Poulden deserving a public slap on the wrists

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110 days ago

Tom Winnifrith Bearcast: Do we NEVER learn from mistakes on Unit Trusts and why are the Tories kicking me in the gonads to please a fat slob on welfare?

I discuss OEICS (Unit Trusts) and liquidity and then the bumper pay rise for the welfare classes paid for by you and I. Can Peter Brailey, or any other Tory out there, explain how this is fair or fits in with basic Conservative principles? I can’t.

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110 days ago

Richard Poulden's Valerum Blockchain and the Michael Mainelli spoof!

Natch the announcement that the Richard Poulden/ Dave Lenigas sham that is Valereum Blockchain (VLRM) has signed up a new strategic advisor was signed off by corporate advisor Peterhouse but it is the directors who took responsibility and they should be ashamed. Here’s why.

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110 days ago

Video: This Time, the Entire System is at Risk

If you want cheering up don’t watch this. Kevin Wadsworth has a background in assessing systemic risks. He believes there are serious risks of systemic failure, particularly in Europe. U.S. government debt is in a parabolic rise, and the maths is starting to no longer add up.  He warns that the cracks are forming in the foundations of the global central banking system.

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111 days ago

The rotten flaw at the heart of Aquis – directors can say whatever they want: true or false: Ref Richard Poulden & Valereum

Yesterday I flagged up the laughable interims from the Richard Poulden/David Lenigas/Zak Mir ramp Valereum (VLRM) in which the company claimed that a £6 million overdraft facility was a current asset.  I know that both Poulden and Mir were keen supporters of the bogus cult of Modern Monetary Theory so maybe that is where this all comes from:  rather than printing money, Poulden is printing assets.  I blamed Ms Heena Karani and advisors Peterhouse for allowing this novel, and wholly bogus, new development in accounting to be published. I was wrong and offer my apologies to Ms. Karani and to Peterhouse. Well sort of.

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111 days ago

Photo Article from the Welsh Hovel - Books by my family, too many missing and the underpants man

A kind reader sent Joshua some old fashioned postcards of railway trains. Half of them are now framed and sit at the top of the landing. Beneath them are just some of the books written by family members. One has a very famous pair of pants.

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111 days ago

Devro – a defensive Buy?

In these troubled economic times, how about a proven defensive investment offering a dividend yield of above 5%?

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111 days ago

JD Wetherspoon boss Tim Martin on the biggest threat to his sector & Dominic Frisby pays homage

Perhaps our in house Euro loon Jonathan Price #FBPE can let us know if his fellow Remoaniacs are still boycotting Spoons (JDW). Maybe not as results today are robust and the boss Tim Martin is cautiously upbeat. However he singles out 1 massive risk to his whole industry and one threat. The great man opines:

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111 days ago

Richard Poulden and Dave Lenigas take a £6m accounting piss: this has to be a joke right?

I refer to Valereum Blockchain (VLRM) on the Aquis lobster pot and results for the six months to June 20 2022 published on deadline day, September 30th. I know that Big Dave insists that size is important but can these chancers be for real with what they have served up? Natch the company is loss making but somehow its asset based has ballooned. Great! Fabbo! What is not to like?

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111 days ago

Tom Winnifrith Bearcast: How can you tell when a company could go bust?

I use as case studies in today’s podcast Tern (TERN), Argo Blockchain (ARB) and Bidstack (BIDS) two of which could be singing a duet with the Fat Lady by Christmas notwithstanding receny refinancing news.

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111 days ago

Shamefully the West and its media cheers on every Russian death and we are horrified when Russians do not!

I can never understand when folks cheer on the untimely death of their fellow man. But day after day we are treated by the Western media to videos of Russian tanks being blown up and articles delighting in how many Russian dead now lie on the fields of Ukraine. I am in no doubt that some of those soldiers dying horrible deaths were bad men who did very bad things. But many, probably the vast majority, were just young men fighting what they were told (wrongly) was a just war and fighting by Geneva rules. Why should we celebrate their deaths?

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111 days ago

Predator Oil & Gas – Options shower from Sarah I can’t Cope

Sarah Cope is not fit to run a public lavatory let alone a public company. Her performance at Anglo African Oil & Gas (AAOG) before it was booted off the AIM Sewer was a case study in managerial incompetence. Today we have an announcement from Predator Oil & Gas (PRD), itself a dog and where share dealings are often, er, interesting.

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111 days ago

Photo article from the Welsh Hovel - two more ways to use Green Tomatoes without resorting to chutney

The fried green tomatoes continue to win rave reviews from the Mrs and myself and so we enjoyed another batch yesterday after the arrival of two large bags of “old fashioned cornflour” with a big picture of what used to be known as a Red Indian on the front of each. I suggested that the flour might have been produced by Native Americans but the Mrs, a woman once known as the deluded lefty, gave each bag a dirty look, suggesting that – like the Washington Redskins – a makeover was needed for these enlightened times. I think I shall order some more bags to ensure we have a lifetime’s supply with the current design.  Meanwhile, I have more of the green tomato glut to deal with, without resorting to chutney as we already have more than one winter’s supply of apple chutney.

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111 days ago

Video: the bond market collapse will be catastrophic

David Haggith, the publisher of “The Great Recession Blog” is a cheery fellow. He started his website twelve years ago, shortly after the housing bubble. He invented the term the epocalypse, which stands for ‘economic apocalypse’ that will be epic in scope. You could also call it the second great depression. He says, “For the last two years I’ve been extremely accurate.” The corona crisis brought massive amounts of money printing. The Fed can no longer print enough to support the equity markets. We’re going to have plenty of economic breakdowns and damage. It’s hard for people to grasp the rate of change that is occurring.

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111 days ago

Argo Blockchain ‘fesses to cash crisis – told y’all

Okay you did not need the brains of Lloyd George to work out that this was coming but the stench of panic in today’s package of emergency measures from Argo Blockchain (ARB) should un-nerve even Zak Mir as he is paid to ramp these worthless shares.

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111 days ago

Happy Birthday Uncle Christopher Booker

My late uncle had a facebook page, thanks to his eldest son and, though he died more than three years ago, I wake up to a reminder to wish him Happy Birthday. He would have been 85 today and would, no doubt, have thought the world had become an even sillier place since his death. For starters there have been massive advances in the numbers of women with penises ands facial hair over the past three years. And our Universities have made great strides in purging Shakespeare and other dead white authors from the curriculum and eradicating folks with any link, however obscure to the evils of colonialism from the history books. All hail progress!

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111 days ago

Tom Winnifrith Bearcast: Snopes raises massive questions for KPMG, Nomad Peel Hunt, the idiots at AIM Regulation, the SNP et al

I refer to this amazing exposé by Snopes HERE into Max Polyakov, Ukraine’s Elon Musk. Why does it matter: I recall Cupid and the great establishment cover up.  Thjis is crime plain and simple and the board knew about it and covered it up. KPMG covered it up. The Nomad did nothing and so too did the Oxymorons at AIM Regulation. The SNP has been lobbying hard for Polyakov. They are all beneath contempt. Then I ask if share buying at Bluebird Merchant Ventures (BMV) is legit. It is. Then I discuss why a whistleblower may or may not have a story about another AIM company, look at Made.com (MADE), Sosandar (SOS), Tern (TERN) and Bidstack (BIDS): two placings , one a pea shooter, one possibly (but probably not) a bazooka.

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111 days ago

Yet another fake Gary Newman apppears on twitter, I am Gary, no I am Gary, we are all Gary!

As you can see below yet another fake Gary Newman has appeared on twitter. The photo is Gary. The name is Gary. And the @ is almost Gary, except there is one extra letter added.  So what is happening here?

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111 days ago

Video: Dollars or Gold, Choose Wisely

Gold asset manager Jaime Carrasco of Canaccord Genuity reckons that for gold bulls like him the goood rimes really are abnout to start soon as the world goes to hell in a hand cart. Jaime says, “I’ve been preparing for this storm for a long time, and it’s here. I don’t think we can hide from the global volatility. In 2008, they bailed out the banks, but now the question is who will bail out the governments.”

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114 days ago

Photo Article from the Welsh Hovel - 60 more chillies threaded as apple and damson juice produced

As I waited for the pasteurisation of the juice to complete late last night, I threaded another 60 chillies and hung them up to dry. There are now about 140 threaded, 40 more waiting to be threaded and, I guess, 300 more in the garden turning redder by the day and awaiting harvesting. We are still working our way through last year’s dried chillies so I guess what I am producing now will make even more Christmas presents to go with surplus apple chutney and the usual Greek Hovel olive oil.

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114 days ago

Slashing (already dire) Versarien forecasts ahead of Q4 share price meltdown

You can sometimes get some borrow in Versarien (VRS) and if you can you should even with the shares, which were once almost 200p, having slumped to below 15p. The next collapse will happen and happen fairly soon. It is a when not an if.

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114 days ago

Bidstack raises £10 million – is that enough?

Lunatics such as the low grade Ulster share spiv Nigel Hassard insisted that Bidstack (BIDS) did not need a fund raise even as its own broker slashed forecasts and warned that the company would be down to just £34,000 cash at December 31 this year.  The loons said that I was just scaremongering.  Of course, Bidstack did not tell ordinary investors about that Stifel red alert, instead, the very same day issuing a ramptastic statement about a $100 million market opportunity. I’d like to talk about an opportunity – also not grounded in any hard actual events – that I have with Cheryl Cole.

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114 days ago

Photo article from the Welsh Hovel - home grown Butternut Squash from garden to bowl

The sprawling massd you see before you are the two butternut squash plants I put down earlier this year which seem to have merged into one. Behind them lie half my tmatoes and under the white netting winter cauliflower and cabbages. I hope that the last of the cabbage whites will soon bugger off and I can remove the netting allowing my plants to shoot higher. Underneath the squash foliage I have, so far, found five squashes but there may be more. The first two picked are shown below.

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114 days ago

Tern Primary Bid offer flops – do the maths on when next bailout needed: it’s grim

If you do the maths, the Primary Bid flop for Tern (TERN) announced this morning is really bad news. The amount raised by Primary Bid and in a subscription is just not enough. It is a sticking plaster on a wound bleeding cash when a full tourniquet was needed. And it means that the countdown to the next placing is already underway.

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114 days ago

BREAKING: Tern raising up to £2 million including Primary Bid Offer - DON'T DO IT!

Nigel Somerville has warned you often enough that sub scale investment in cash guzzling crap company Tern (TERN) was running on vapours. It did not have enough cash to fund its bloated PLC costs let alone to feed the gaggle of perennially loss making companies in which it has invested. So today’s after hours RNS will not shock you.

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114 days ago

Is this peak Guardian insanity: Liz Truss is a fascist because....

I am the first to say how dreadful Liz Truss is at almost every level, not least the way she portrays herself as the new Thatcher when she so obviously is not in every way. But some attacks on her are just hugely unfair and plain bonkers. Yes I refer to the dreadful, offshore owned, tax avoiding, Guardian, the paper that supported the slavers in the South in the US Civil War and which spouts a non stop diet of left wing bilge. Is this peak Guardian madness?

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114 days ago

Tom Winnifrith Bearcast: Here is what I would have bought after some on the ground DD had my stockbroker not been on YET ANOTHER holiday

I reckon these stockbrokers must earn even more that those chancers my wife gets in to clean the windows and so I am a frustrated non buyer of a shares I have not owned before. Jaya and I did some due diligence at the coal face today and I explain why I may be buying if I can get hold of the great man tomorrow.  Then it is onto Wildcat Petroleum (WCAT) and the corruption of the deadwood press (the Sunday Times in this case) and finally a detailed look at Malcolm Stacey favourite Strix (KETL) where I have been a bear.  The shares are down 69% over the past 13 months and after today’s news I see an easy 30-40% more downside from here. With an EV of c£400 millionand a £270 million market cap it should be shortable and should be shorted.

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114 days ago

Essentra – corporate excitement really kicking off, still a Buy

Essentra (ESNT) has issued “Sale of Filters and Packaging Completion of Sale” and “Appointment of New Chief Executive”-titled announcements and the shares have responded up by more than 15% to above 210p – Mr Market says it sounds like good news then.

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114 days ago

Updated: Is the musicMagpie whistleblower its Chief Technology Officer? He says no!

Earlier I posted damning claims about musicMagpie (MMAG) by someone claiming to be an ex employee, which suggest that the busineses’s new ventures will flop and its existing business is in real decline. So who is this poster? It has been suggested that it is the company’s CTO David Hilton. The company’s PR firm Powerscourt cannot be arsed to return calls as promised which only fuels uncertainty whiile musicMagpie HQ was not even answering the phone mid afternoon. But Mr Hilton has better manners and has got back to me to say he is still employed at music and is not the whistleblower.

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114 days ago

Photo Article from the Welsh Hovel: a spoiler from the Mrs as first apple chutney produced

Gettig folks to eat apples here at the Welsh Hovel is something of an ask. Which is an issue as we now have two apple orchards and also a highly productive cooking apple tree. I just hate things going to waste. We are now past the blackberry season so there can be no more blackberry and apple crumbles. Rhubarb and apple? Maybe that will work.

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114 days ago

The toxic legacy of David Bull – PCF Group stops lending today as it faces growing balance sheet crisis

Shares in PCF Group (PCF) closed 2020 at 30p. Less than three months later they were suspended at 24p as a black hole created by its then recently departed numbers man David Bull emerged. It has been downhill ever since and today’s latest dire update has seen them collapse by 33% to 1.5p. But a spread of 1p-2p suggests market makers know that there could be far worse to come. This is Bull’s fault. Who on earth would employ him now?

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114 days ago

If this is not an ex musicMagpie employee spilling the beans then he is a great imposter

musicMagpie (MMAG) the company one heartbeat from being in the hands of a fraud enabler has been a long term – and quite utterly brilliant – bear call by myself. I think I have made the ongoing bear case quite clearly after the most recent (lack of) profits warning. Now a chap claiming to be an ex employee has popped up on the LSE Asylum with a few posts. Now I know this is the No 1 asylum but the virgin poster seems to know what he is talking about. Maybe he/she/they is real?

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114 days ago

'Gold Teeth' Ukraine Recovered From "Russian Mini-Auschwitz Torture Chamber" Were Actually From Village Dentist- ZH

https://www.zerohedge.com/geopolitical/gold-teeth-ukraine-recovered-russian-mini-auschwitz-torture-chamber-were-actually

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115 days ago

Photo Article from the Welsh Hovel: Culinary triumph - fried green tomatoes

I do not want you thinking that all my tomatoes are green. We have been enjoying tomatoes that are ripe and red and orange (depending on the plant) for five weeks and as you can see in the top photo below have enough to be storing some in Greek Hovel olive oil for use later this autumn. But I would be lying if I did not fess that the 20 or so plants I have grown this year – some from seed others donated as small plants by friends – are not now bursting with green tomatoes. Not more chutney, surely, is there another way?

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117 days ago

BREAKING: Jim Mellon, Matt Earl and Malcolm Burne join the fun – Sharestock 2023 now open for bookings

Some folks said that I did not give them enough notice about ShareStock 2022 so they were on holiday, could not find anywhere to stay or had accepted a prior engagement. So for 2023 I am giving you almost a year’s notice of an even more unusual event! We start with some amazing new speakers:

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117 days ago

Powerhouse Energy – what ails thee?

At just over a penny, shares in Powerhouse Energy (PHE) are down by more than 75% so far this year. At peak ramp on 31 December 2020 they were 9.8p. To all those folks nursing 90% losses thanks to the (undeclared) paid ramping of Zak Mir and the ludicrous claims made by the company including its disgraced ex chairman, the liar and former Tory Minister Tim Yeo, you know who to blame. And it is not me who did warn you, not that you wished to listen.

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117 days ago

Tom Winnifrith Bearcast: 1990s encounter in a gents urinal

I do explain the reference in full and it is not what you think. In the podcast I look at the utterly unconvincing sophistry of Colin Bird as I dissect his Bezant Resources (BZT) statement about the Caerus scandal. His sums just do not add up. And his company is insolvent. I look in detail at Bluebird Merchant Ventures (BMV) following news today and lunch on Saturday. I forgot to mention that I paid for lunch. I don’t do freebies. Then Mitchells and Butler (MAB) and why old Malcolm is bonkers and finally Wildcat Petroleum (WCAT) which is an almighty sell after a spoof yesterday. that is where the urinals incident comes in.

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117 days ago

Photo Article from the Welsh Hovel - a little bit of Greece takes root (I hope)

At last the olive trees I smuggled back from Greece in the bottom of the car, have a new home here in Wales. My friend R whizzed his tractor round the edge of the upper field that borders the churechard two weeks ago. The jury is out on the chestnut and mulberry trees I planted at the far end and bottom last year. There are signs of life but not many. That hot summer when I was away in Greece, so could not water them, may have proved fatal. If so I shall try again next year.

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117 days ago

Made.com – shares soar on hope but the grim truth about the black hole is grim indeed

I say soar. The shares are up 27% at 4.3p. To those dumb fund managers who ponied up £200 million (half from the company and have from investors bailing) at 200p in last year’s IPO that will be scant consolation. They are still almost 98% offside! The news is mixed.

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117 days ago

Venus has sold every singly Supply share it has been given - proof for the morons

There are still some morons out there who reckon that mysterious offshore death spiral provider Venus is an actual investor in the fraud [email protected] Capital (SYME) shares. They are encouraged in this delusion by the company but the reality is that Venus uses ramptastic and fanciful RNS’s from Supply to forward sell shares onto the morons and then converts loan notes into shares to cover. In other words it always has either a negative or zero position in the stock. You think it is just me saying that? Have a butchers at page 5 of the current prospectus which will allow Supply to issue even more billions of death spiral shares…

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117 days ago

Tom Winnifrith Bearcast: Why I can't buy the bereavements line from Hot Rocks & Gavin Burnell of Globo infamy

In today’s podcast, pre Joshua book fair, so a tad rushed I look at Amur Minerals (AMC), the growing Bezant (BZT) scandal, Gavin Burnell & Hot Rocks (HRIP) and Tortilla Mexican (MEX)

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117 days ago

GOTCHA – Tortilla Mexican Grill – profits warning when’s the placing?

I warned and I warned that this Mexican style fast food rollout would go badly and today shares in Tortilla Mexican Grill (MEX) have duly puked by 30% to 101p. It was just 362 days ago that this company joined the AIM sewer at 181p having raised £5 million for the company and £12 million for founders cashing in some of their nachos. Good call.

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118 days ago

Photo Article from the Welsh Hovel - First batch of chutney complete

The bottle marked vodka contains, of course, apple juice. Producing at 6 litres a day, I am rapidly running out of glass bottles so if anyone locally has any spare I will happily swap eight empties – which you were going to bin anyway – for one full of apple juice. There is a suggestion that the next batch will be apple and damson juice. It is worth one experimental run.

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118 days ago

Oh dear, oh dear: yet another employment tribunal humiliation for Julie Meyer, she really is a card

Somehow Vince Cable thought it would be a cracking idea to make Julie “lingerie on expenses” Meyer an MBE for services to business. A decade on, despite the FCA criminal enquiry, the collapse of her flagship Ariadne Capital, the UK and Maltese arrest warrants, and the problems with taxmen in the US and UK and numerous others to whom money is owed, this rotten Government still thinks she should keep that gong. Here is another reason why that is a mistake.

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118 days ago

Nanosynth shares sliding again – now off almost 1/3 since it told a £3 million lie 5 weeks ago - 10 weeks to bankruptcy?

On August 26th nanosynth (NNN) LIED to investors claiming it had done a deal which would see it “raise £2.9425 million”. That was a great big fat lie. It will raise nothing like that. Last week it doubled down repeating that lie in its interims and now, facing bankruptcy by Christmas it still refuses to come clean and its shares are tumbling again. Perhaps it is time to start telling the truth as lying sure is not working!

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118 days ago

As Eden slips out piss poor interims is the Terpenetech Panama Pump fraud unravelling?

As it prepares for its 28th year of miserable existence, the Eden Research (EDEN) fraud is still no closer to making a profit. Interims out on Friday were piss poor but behind the scenes is there even worse news?

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118 days ago

Tom Winnifrith Bearcast: Yes! Carnival could be a zero

I start by rubbing more salt into the wounds of Chris Bailey as I look at just how screwed is Carnival (CCL). Then onto whether we are in a recession or not and how long it will last. In light of my conclusion I urge you to ignore Malcolm’s share tip tomorrow. Finally a thanks to a reader who stopped me poisoning my family last night with my self sufficiency. Tonight’s episode of that part of my life is marrow and ginger jam.

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118 days ago

A Letter to AIM Regulation & Roland “Fatty” Cornish: Colin Bird’s Bezant a statement & suspension needed

As I exposed here yesterday, Colin Bird’s Bezant Resources (BZT) is insolvent and has deceived investors with its interims on Friday. I have written to its Nomad, Roland “fatty” Cornish, treating him with the respect he deserves, suggesting that the shares be suspended and that a statement is needed ASAP. Since he is almost certainly missing in 7 course lunch action today or perhaps sleeping luncheon off as he prepares for supper, I have ccd in the Oxymorons at AIM Regulation.

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119 days ago

Tom Winnifrith Bearcast: BREAKING: Interims from Bezant and Caerus do not add up, have Colin Bird & Fatty Cornish misled us all?

Yesterday saw interims from Bezant (BZT) and Caerus  (CMRS). Has Colin Bird deceived us all? Have King of the spivs Jon Bellis and London’s worst nomad, Roland “fatty” Cornish signed off on a work of complete fiction? I think they have and that Bezant shares should be suspended ASAP and Bird’s career of penny share hustling broughtto an immediate close. All is  explained in today’s podcast. 

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119 days ago

Tom Winnifrith Bearcast: Chill Brands manages minus revenues in H2

Normally I am envious of Robert, today I am not. On that note and now with the blessing of Aunt L, I tear, once again, into Colin Bird and Tiger Resources (TIR) after interims from Bezant Resources (BZT), then onto a shocker from Chill Brands (CHLL) and finally a laugh at former Neil Woodford dog Xeros (XSG) which is still spunking half a Bernie a month seeking to revolutionise the world of washing machines. Versarien (VRS) also gets a mention as I increase my forecasts of cashburn.

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120 days ago

Piss poor interims from Eurasia – cash crisis looms

Back in February 2020 when Eurasia Mining (EUA) was trying its hardest to ramp its shares to the moon to allow its dodgy Russian backers to dump stock and for it to refinance, it paid the scumbags at ACF Research to produce a note which forecast that revenues would rocket to £341 million by 2021 by when profit after tax would be £160 million. Hmmm, today we had half year 2022 numbers and guess what? Have you got a microscope handy?

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120 days ago

GOTCHA! Voyager Life suspension and statement which is vaguely true but largely fantasy, and an apology to Liam Murray

After yesterday’s bombshell expose HERE shares in Voyager Life (VOY) were suspended. Unfortunately, I was the sole carer for two young children last night so there was no opportunity to tuck into a celebratory bottle of ouzo provided, very generously, by Ervil Banksta for just such an occasion.  Today there is a statement on “press speculation” and an unsuspension. As you might expect from a charlatan such as Eric Boyle of Stanford ( c)Rook infamy who chairs Voyager, the statement is not entirely true.

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120 days ago

Alpha Growth piss poor and non IFRS compliant interims, does anyone at the FCA care about enforcing its own rules?

Alpha Growth (ALGW) published its piss poor results for the six months ended 30 June 2022 today which showed a loss before tax of £454,635.  The shares were off 7% at the time of writing this article which values the group at £11 million a multiple of almost 4 times net assets.  This looks high compared to say Legal & General (LGEN) which runs asset management and insurance operations with longevity exposure which trades at a multiple of just over 1 times net assets, has massive scale and pays dividends. Alpha is less likely to join the dividend list than, well, Cheryl Cole and you know what.

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120 days ago

[email protected] Capital & Tradeflow – who needs the divorce more?

The purchase of loss making sub scale asset manager Tradeflow by the fraud [email protected] Capital (SYME) for a bonkers price in a deal which saw millions of pounds worth of shares handed to secretive offshore bank accounts was always mysterious and another red flag to add to the forest already flying. Last month Supply said that it was considering unwinding the deal but yesterday’s dire interims beg the question at whose instigation?

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120 days ago

Nanosynth interims – this company is lying & looks to be going bust by Christmas

The bullet points at the top of a RNS release, a financial promotion so something covered by regulation and thus meant to be fair and balanced, are meant to be a summary of what lies buried in the text. There is no mitigation at all about telling a slam dunk lie in a bullet point from explaining deep in the body of a release, where few will read it, why the bullet point is not actually true. And that brings me to half calendar year results from the liars at nanosynth (NNN) and why this lie does matter whatever its rather irritable advisers think.

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120 days ago

Tom Winnifrith Bearcast: My last ever young mums group on a day remembering fraud busting 27 years ago

A few personal thoughts then Stanford Crook from 27 years ago and Voyager Life (VOY) from today. Then I also cover Chill Brands (CHLL), Cellular Goods (CBX), Joules (JOUL), Westminster Group (WSG), Versarien (VRS), Avacta (AVCT), and the fraud [email protected] Capital (SYME).

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120 days ago

Avacta Interims: no placing (yet) but bulls should not get too smug

Avacta (AVCT) shares are off only 0.5p at 109.5p today despite some fairly piss poor half calendar year numbers as bulls were given two straws to clutch at: a sharp increase in sales and the lack of a bailout placing. Fear not if you are short: the denouement is only delayed and here is why.

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120 days ago

[email protected] Capital – is sub scale loss making asset manager TradeFlow still over valued?

I noted earlier that in today’s interims from the fraud [email protected] Capital (SYME) there was, according to note 11,  another impairment charge of £765,000 on TradeFlow goodwill to add to the previous £800,000 impairment charge at the year end making a total of £1,565,000.  The remaining intangibles of TradeFlow are carried at £6,724,000 in the balance sheet but is this still too optimistic a number?

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120 days ago

ADM Energy ready to sing the ShareProphets National Anthem – is that the Fat Lady preparing to make it a duet?

Fake Sheikhs (two of them), legal rows, management largesse, ADM Energy (ADME) has had the lot. While it might have provided neutral observers with a barrel of laughs, for those poor mugs who ignored the numerous warnings on this site it has been less than rewarding. Under various names ADM has destroyed 99.8% of shareholder value since it darkened London’s doors back in 2014. Of course numerous directors and crony capitalist advisors have coined it in but shareholders – apart from the first Fake Sheikh as he pumped and dumped –  have all been screwed. Today we have more bad news.

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120 days ago

Union Jack West Newton Competent Persons Report shocker or damp squib?

Oh dear, oh dear, the much anticipated report from RPS Energy is a damp squib at best, a shocker at worst and one which begs numerous questions for the journalist smeatring troll of a CEO David Bramhill, not least one about a clear funding gap and others about fracking which is sure to enrage the locals up in the East Riding of Yorkshire. With help from the UK’s greatest living chain smoker I ask a few questions and leave you to draw your own conclusions. My own conclusion is that Bramhill remains toxic and at 30.25p a £34 million market cap is wholly unjustified for Union Jack Oil (UJO). So the points that scream out from the report:

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120 days ago

[email protected] Capital Interims – drowning in debt and needing ANOTHER new death spiral facility

There is terrible and there is really terrible. And half calendar year results from the fraud [email protected] Capital (SYME) are even worse than really terrible. This company is technically insolvent. Bust. Bankrupt. A dead corporate parrot.

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120 days ago

Photo Article from the Welsh Hovel - Apple Juice Production Line

For some reason, I am snowed under with apples from the orchard by the river Dee this year. This week I brought in two 25 litre buckets of apples. I could easily bring in another twenty if I had the time and energy to process them all and enough bottles to store the juice in.

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120 days ago

MAJOR EXPOSE: Voyager Life – a can of worms & a history lesson for young Liam Murray

One advantage of being old is that – as long as the long covid does not get to you – you can recall events in the distant past which young investors or advisors like Liam Murray at Cairn, might not be aware of. Yesterday as I dug into Voyager Life (VOY) I recalled how I first exposed this company’s chairman as a charlatan 27 years ago. Leopards do not change their spots. Eric Boyle is a prize scallywag who has no place in the PLC world.

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120 days ago

Tom Winnifrith Bearcast: Boohoo and Mahmud with his gross cash - he really is taking the piss now

Sorry for the last Bearcast. Lots of things distracted me today. In the podcast I look at Boohoo.com (BOO) and on a related note the honesty of Waseem Shakoor. Then at Sosander (SOS), Bidstack (BIDS), Non Standard Finance (NSF) and Guild eSports (GILD) asnd also at the sense of denial in some quarters about economic gloom/reality and base rates.

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120 days ago

Bidstack ticks all the boxes for the bears

I start with a sort of Lucian Miers-style checklist for short candidates. How many boxes does Bidstack (BIDS) tick?

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120 days ago

MGC Pharmaceuticals: another red flag vicar? More ouzo on cornflakes for a vindicated sheriff!

Following the publication of my red flag dossier earlier this year, anyone owning shares in MGC Pharmaceuticals (MXC) was fully warned of the need to lube up. I hope they did. The shares were 2.25p back on 11 January when I warned you that this was a £70 million dog from the scholars and gentleman at Turner Pope.  They are now just 0.825p but after another red flag admission today they are still a monstrous sell.

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120 days ago

Avacta Results on Thursday – something not quite right

In 2019 Avacta (AVCT) delayed its interim results until October to get a bailout placing away. In 2020 and 2021 it had results in late September but gave several weeks’ notice of the results date in a warning RNS. This year is different.

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121 days ago

Will wretched Wrexham Tory MP, Sarah Atherton, dare knock on my door tonight?

Hell I voted for her, something for which I must again apologise for to everybody else in Wrexham, but surely that merits a personal visit. It seems as if Wrexham Athletic is here in the last village in Wales tonight. At the school gates M, a fellow young mum who is a true libertarian as is her husband D, greets me with the news that flyers are out saying Atherton will be “door knocking” tonight. M says that D has a few words for our MP in this red wall seat and one suspects that Ms Atherton will not enjoy that monologue.

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121 days ago

Video: Inflation Cycles have Topped for Now

I am not sure that I agree with this, certainly from a UK perspective I really do disagree as I note HERE. But Larry Williams has been trading for 60 years so experience is on his side not mine.  Larry discusses how bad news sells and everyone has a cognitive bearish bias. If you focus on the bad too much, then reality gets in your way. We saw capitulation in this market back in June. This is typically an excellent point to enter markets.

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121 days ago

Tom Winnifrith Bearcast: Colin Bird skewers himself Neil Woodford style so Tiger Royalties shares 80% overvalued

My Aunt Lucy ticked me off this morning for writing nasty things about folks. She wants me to be nicer to EVERYONE even folks like Colin Bird and Neill Ricketts. Hmmmmmmmmmm. In today’s podcast I look at Versarien (VRS), musicMagpie (MMAG), Saga (SAGA) and in detail at Tiger Royalties & Investments (TIR), Birds’s collapsing house of related party cards.

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121 days ago

Guild eSports renegotiates £15m greedy David Beckham deal to pave way for rescue placing

The David Beckham deal with Guild eSports (GILD) always stank to high heaven as I pointed out at the time of the IPO while the deadwood press sucked the cock of the Beckham PR machine. On its IPO it raised £18 million but agreed that – irrespective of what sales it achieved – it would hand £15 million of that to Mr David Beckham in return for his work as a brand ambassador. Today, less than two years after that IPO at 5p, the deal has had to be scrapped in order to persuade investors to back a bailout fundraise to stave off bankruptcy.

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121 days ago

Tom Winnifrith Bearcast: 2 David Beckham dogs a spoofing day

I start today’s Bearcast by agreeing with the vile Peter Mandelson on why the Tories really are toast. Then it is onto musicMagpie (MMAG), ProCook (PROC), Online Blockchain (OBC), ADVFN (AFN), Cellular Goods (CBX), Gild eSports (GILD) and Eden Research (EDEN). What a roll call of infamy.

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121 days ago

BREAKING: [email protected] Capital and the stinking dodgy offshore share dump to Holiday

On 6 July 2021 the fraud [email protected] Capital (SYME) announced the completion of its acquisition of the loss making sub scale asset manager Tradeflow Capital Management and the RNS included the following text:

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121 days ago

Photo Article from the Welsh Hovel - chilli and pepper harvesting and preserving

Both harvests have been good this year. I picked all the peppers, both the soft bell shaped ones and the spicier long green ones, earlier this week. The chilli plants are still turning red so what you see below is just the first crop. There will be a stack more to come and, after last year’s bumper crop we are still working through the dried chillies from 2021. Even an Anglo Indian household like this one cannot keep up with what our gardens supply.

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121 days ago

Zamaz uses over priced shares to make its first acquisition: all meat to the White mill

Today the disgrace of a £77 million Standard List IPO Zamaz (ZAMZ) has announced its first acquisition, Ecocarni, “a purveyor of premium quality meats and associated products sourced from Italy and Argentina to both wholesale and retail customers, from its flagship store in Milan.”  Some further extracts from the RNS are provided below:

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121 days ago

musicMagpie (lack of) profits warning & more bullshit – a true IPO £95m share dump disgrace

musicMagpie (MMAG), the company floated by COO and proven fraud enabler Ian Storey has – as predicted – served up a (lack of) profits warning which is bullshit heavy.

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121 days ago

Vast Resources – yet another bailout placing, everything that is wrong with AIM

Before today, during 16 years when various executives have troughed it on a material scale, shareholders in Vast Resources (VAST) have witnessed a 99.96% share price decline. Today it will get worse as there is another bailout placing to fund operational failure and fat cat largesse, including a CEO on £227,000 a year. Everything about this latest disaster stinks.

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121 days ago

Tom Winnifrith Bearcast: Who will dare to say that Boards full of straight white men will be delivering better returns in 2022

I start with a question for you all ( except Nigel Wray and Nick Leslau): should the Mrs and I fix our mortage next April. Then onto Boohoo (BOO) and the timing of its next trading warning. For Boohoo also see Sosandar (SOS), etc, etc. Finally I wonder which academic will be brave enough to run an exercise correlating boardroom diversity with share price performance in 2022. You and I can work out what the result will be and also that there is no causal link but who will dare say it for exposes the boardroom diversity MUST be good line for the canard that it always has been.

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121 days ago

Tom Winnifrith Bearcast - could Argo be a zero by Christmas? Hell yeah!

I start the podcast with a few macro musings then onto the Lucian Miers stock check list for bears and bulls before looking at Argo Blockchain (ARB) and how it could be a zero by Christmas.

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121 days ago

Photo - guess who dressed little Jaya today?

As it happens, four week days out of five I look after young Jaya until nursery starts at 1 PM and on the fifth day I prepare her for nusery starting at nine so the answer is likely to be me. Moreover, at the weekend when her mum dresses her she does not wear odd socks. My late dad taught me that it was a bit lower middle class to worry about matching socks and, at this point, Jaya agrees with him and with me on this matter.

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122 days ago

Video: The Worst Part of the Bear Market is Dead Ahead

Asset manager Michael Pento says the bear market is here to stay, and the next phase is coming:  so far we’ve only experienced the opening salvo.

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122 days ago

Tom Winnifrith Bearcast - falling out of love with the Tories including Andrew Bell

I start with the industrial scale economic illiteracy of today’s budget. It is non sensical and inequitable. Then onto one Tory, Andrew Bell, and Red Rock Resources (RRR). Enough is enough.  Then onto Deepverge (DVRG), nanosynth (NNN) and the soon to IPO Streak Gaming, the latest bastard offspring of Bixby and Edwards and one to avoid like the plague. 

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122 days ago

If Mahmud Kamani ran any other company than Boohoo.com he would, after the Revolution fiasco, be getting the sack today

Boohoo.com  (BOO) has made great play of how it has massively strengthened corporate governance procedure in recent years. Hmmm. I suggest that at any other company Mahmud Kamani, Boohoo’s Executive chairman, would, after the shocking news from Revolution Beauty (REVB) be getting the sack today.

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122 days ago

Revolution Beauty Group – Oh dear, you want the bad news or the very bad news?

More ouzo on the cornflakes for the Sheriff of AIM as another 2021 IPO serves up quite dreadful news. After the debacle at Made.com (MADE) next up is Revolution Beauty (REVB) shares in which have been suspended since 1 September as it has failed to get sign off on accounts for the year to 28 February 2022. Now there is more bad news on two fronts: Lets start with the accounting tomfoolery.

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122 days ago

GOTCHA: Made.com admits it is fucked

As I warned you repeatedly (most recently on 16 September HERE), trading had deteriorated so much that Made.com (MADE) has today had to withdraw its prior full year guidance and, worse still, it now says that it is impossible to raise any money to bail it out on public markets. However it polished the turd it is screwed and here’s why.

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122 days ago

Photo Article from the Welsh Hovel - Radishes for Christmas

I think that I have one last crop of radishes to harvest in a few weeks but the penultimate crop of the year was a big one.

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122 days ago

Canadian Overseas mug punters spoofed by the death spiral provider: told y’all

Well knock me down with a feather.  Canadian Overseas Petroleum (COPL) the company run by serial value destroyer Arthur Millholland, and its death spiral provider has fooled the morons again. Okay it is not hard to fool folks with the collective IQ of a park bench but to manage it so soon after the last time is good going.

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122 days ago

Tom Winnifrith Bearcast: Time for eco loons to head to Devon to strip naked and confront David Bramhill again

In today’s podcast, I look at Darktrace (DARK) as its shares slump again, Avacta (AVCT) , Novacyt (NCYT), UK base rate rises, nanosynth (NNN) and the dishonesty of journalist smearing and trolling Union Jack Oil (UJO). PS, Matt Earl, the Dark Destroyer, tells me that he has added to his Darktrace short today.

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122 days ago

DeepVerge Interims – demerger will not create value, another spoof from the arse

We knew that half calendar year results from Deepverge (DVRG) would be shite for two reasons. One: they always are – this company is a serial dog. Two: there was a specific lack of profits warning. Natch, CEO Gerry “the arse” Brandon, a man who should have been booted off the public company scene for last year’s breach of AIM Rules 10 & 11, fooling investors ahead of a placing, fails to mention the elephant in the room. Instead, there is another spoof.

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122 days ago

A Hassard to your wealth - Nigel the Bidstack loon spreads lies

1,271 folks follow Nigel Hassard on twitter for a non stop diet of tweets about why you should buy shares in Bidstack (BIDS). Given the level of delusion from Nigel the question one asks is who is he trying to fool? Himself or other morons? Take this absolute gem below.

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122 days ago

OptiBiotix Health – Apollo Hospitals and Pharmacies launch, Sales recovery Buy

Previously writing on OptiBiotix Health (OPTI), earlier this month we noted prior delays in delivery from larger deals but that orders are already coming through and being booked as second half sales. Now some clear evidence of this with an announcement that the company’s GoFigure meal replacement shakes and powdered beverage shots have now been officially launched by India’s Apollo Hospitals & Pharmacies.

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123 days ago

Bulletin Board Moron of the week Competition – paranoid Bidstack & Avacta punter edition

Some folks really do need therapy. Bidstack (BIDS) deceives its shareholders a fact I prove, its shares slump and who is to blame. Yes it is evil TW, the Jews and a gang of minions. I kid you not., Here are a few posts from the Bidstack and Avacta (AVCT) boards over at ADVFN for you to consider. I omit the one repeating the canard that I am a convicted tax evader ( never even been questioned) but the selection below demonstrates the paranoia and stupidity of some folks. But can you do better? If so add your examples of stupidity from the LSE and ADVFN Bulletin Boards or twitter in the comments section below. The deadline for entries is midnight Saturday.

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123 days ago

Tom Winnifrith Bearcast: Missing hot dates, not me & the wonderful Cheryl but Avacta - rescue placing ahoy!

I start with the problems my cat is causing me. Then it is onto Avacta (AVCT), Bidstack (BIDS),  Strix (KETL), nanosynth (NNN) and David Beckham and his pot/face cream spoof Cellular Goods (CBX)

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123 days ago

Eight Capital Partners – non compliant interims & explicit bailout warning

Disgraced Aquis listed Eight Capital Partners (ECP) has today published its interim results for the six months ended 30 June 2022.  The numbers were piss poor with revenue of just £58,000 and a loss before tax of £506,000. And they were non compliant but who cares as this is the bastard little brother of Standard listed fraud [email protected] Capital (SYME).

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123 days ago

[email protected] Capital: 13 bits of carelessness

Proper companies do not behave like this. But those which are frauds care little for timely filings of paperwork at Companies House, they are too busy ppumping the shares to allow insiders to sell, death spiral financing to be secured. And that brings me to the fraud [email protected] Capital (SYME) which apppears to be picking up on two years of missed filings as the screenshot below shows. Such industrial scale backfiling is not a good sign, it is another red flag to add to the forest.

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123 days ago

Parsley Box - more signs of the cash crisis arrives in my email

Another day and another email arrives from Parsley Box (MEAL) as you can see below. And guess what?

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123 days ago

Letter to AIM Regulation – Bidstack deliberately deceives investors, action needed ahead of rescue placing

I have just written to AIM Regulation as Bidstack (BIDS) , lead by Lyin’ James Draper, has today grossly deceived and mislead investors as to the collapse in trading.  The company has breached AIM Rules 10 and 11 and it, and its Nomad Stifel, need a public censure. The letter follows:

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123 days ago

Tom Winnifrith Bearcast: the awful forecasts and looming bankruptcy Bidstack is trying to hide

I start with the shameful behaviour of Bidstack (BIDS), a ramptastric RNS and an admission of new forecasts but not what they are. Guess what? They are shockingly bad, notwithstanding the ramptastic RNS, and admit that this company will be bankrupt by the first week of January unless it does a bailout placing. It took me an eternity to obtain the forecasts referenced in an RNS just about those very same numbers. Most morons have no idea how bad they are. I reveal all. I also cover Eve Sleep (EVE), Future (FUTR) and a £315 spoof at almost bankrupt Asimilar (ASLR).

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124 days ago

Farewell gorgeous and glamorous cousin Venetia Stevenson 1938 - 2022

What links the picture on a Scottish beer, Russ Tamblyn (Seven Brides for Seven Brothers), Back to the Future 2, Don Everly ( of the singing Brothers), Axl Rose of Guns n’ Roses, Anthony Perkins (psycho), the Sound of Music and me? The answer is Venetia Strevenson my father’s first cousin who died this week. I was with my father’s sister Aunt L on the day we learned that her cousin had passed away and while she was very sorry to hear the news, she noted that she and Venetia moved in rather different social circles.

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124 days ago

Union Jack - virtue signalling and paid for waffle

The twitter feed of Union Jack Oil (UJO), the company that likes to spend shareholder scash trolling and smearing journalists and its own shareholders – really is the most u8tter bilge. Let’s start with the death of the Queen and the tweet below before turning to today’s paid for rampfest with Proactive

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124 days ago

BREAKING Winnileaks special: The Jarvis blow up Letter sent to model B clients who have sinned

A good portion of the business of Jarvis Securities (JIM) is providing the back office and custiodial functions for small brokers which don’t have the scale to do this for themselves. Clients include the disgraced Pello. It seems that a number of such firms have been onboarding the sort of clients who engage in certain practices which the FCA might frown on. And thus the FCA has forced Jarvis to halt all Model B clients from taking on new clients while a hugely expensive external consultant establishes what has been going on and what remedial action needs to be taken. Thanks to Winnileaks, the letter Jarvis sent is below.

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124 days ago

Tom Winnifrith Bearcast: An apology, Death Spiral vs Bucket shop, why cash is not the answer and windfall taxes on oilers

Sorry for the lack of material yesterday. It was Joshua’s birthday party.  Today I look at Chris and Malcolm’s thoughts on staying in cash on the perceived threat of a windfall tax on big oilers and at the death spiral versus bucket shop debate. I apologise for an error on Friday in this regard and FWIW I think that in some cases death spirals are far better news than bucket shop placings and I explain why.

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124 days ago

Tom Winnifrith Bearcast: The girl just ran out in front of my van

On the upside it is Joshua’s birthday. On the downside this girl just ran out in front of my van. She is okay and there were witnesses who told her mum that it was the girl’s fault. But it was shocking. Away from that I discuss Made.com (MADE), Toople (TOOP), Deepverge (DVRG), Audioboom (BOOM) and Bidstack (BIDS) and what those in the private chatrooms do not understand.

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124 days ago

BREAKING: Made.com – shares continue to slide as cash crisis gets worse – RNS needed

On 16 August I warned HERE that Made.com (MADE) would be lucky to end the year with its bottom of the range cash forecast of £5 million and that the company needed to get away a placing of £40 million. Two days later it ‘fessed that it was working on things with its advisers. Since then matter have got worse and worse and I wonder if this can be rescued at all. First up is the very obvious cash crisis

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125 days ago

Nanosynth – as the share price collapses the sheer scale of the 26 August mendacity is exposed

Needless to say, the Oxymorons at AIM Regulation have failed to force serial dog Nanosynth (NNN) to correct the grotesquely misleading RNS of 26 August in which it claimed that a Lanstead death spiral deal meant that it had secured “ a conditional subscription to raise £2,942,500  through the issue of 535,000,000 new ordinary shares of 0.01 pence each in the Company at a price of 0.55 pence per Ordinary Share.” That was a big fat fecking lie and with the shares collapsing to 0.42p, i.e less than they were before the deal was announced and a couple of subsequent ramptastic bullshit RNS’s. Mr Market is waking up and smelling the coffee even if the bogus Sheriff of AIM, Marcus Stuttard, and his colleagues are asleep at the wheel.

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125 days ago

Wood Group – interims, now improving operational momentum and more to come

Wood Group (WG.) has announced its results for the first half of 2022 and that it expects an improved performance in the second half, including being helped by an improvement in its Turbines joint ventures.

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125 days ago

Essentra – interims, corporate excitement upcoming

Essentra (ESNT) has announced results for the first half of 2022 and that it “continue (sic) to see strength in our order book, providing encouragement as we move into the second half”.

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125 days ago

Paul Griffiths of Predator threatens those who question him: will that include the FCA?

The FCA has confirmed to me that it is looking into whether Paul Griffiths, the chairman of Predator Oil & Gas (PRD) is guilty of insider dealing.  If so it would be the second time in two years that a Predator director has behaved in this way. In the paid for interview below, Griffiths hit back but not by addressing or denying the allegations. Gosh this man is vile and menacing.

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125 days ago

Spiv of the day Dominic White – the love that dare not speak its name

Eight Capital Partners (ECP), the Aquis listed vehicle of Dominic White,, the man behind the listing of the fraud [email protected] Capital (SYME) has served up a trading statement. It is a hoot. It is almost as if the shameless White is a bit embarrassed.

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125 days ago

Tom Winnifrith postcard: The 23 September UK Budget: Economic illiteracy, utterly inequitable and unfair and NOT what Mrs Thatcher would have done

In this podcast, I reflect on the Kwasi Kwarteng, Liz Truss mini budget. I am amazed and how badly the right wing commentariat has called it for it was mean and unjust and economically illiterate. It is not what Mrs Thatcher would have done and was a betrayal of her brand of conservatism and of the poor, working and middle classes too. It was just awful at every level and should form the basis of an electoral rout for the Tories in two years which will be fully deserved. 

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125 days ago

B.P. Marsh – half-year trading update, ‘performing well’

Early stage financial services businesses investor B.P. Marsh (BPM) has announced it remains confident it will continue with its historic growth trajectory and deliver attractive returns for investors, including a dividend per share “at least” maintained at last year’s 2.78p for the next two years.

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125 days ago

Tom Winnifrith Bearcast: Talking with Lucian Miers, THG and Versarien, both possible zeros

In today’s Bearcast, I discuss banksters’ bonuses and the evil Tories, Made.com (MADE), Checkit (CKT), musicMagpie (MMAG), Versarien (VRS) and THG (THG).

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125 days ago

Is Lord Lucan getting lucky or will tomorrow's blow off interview cost him a brown envelope?

In the past it did not matter that Zak Mir took brown envelopes before recording blow-off interviews with CEOs and then publishing it and bullish articles as cliaming this was journalism.  Sure it is unethical NOT to declare that you are being paid by a company to write a research report or to record an interview with it, but it is no crime. But it matters now.

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125 days ago

Letter to AIM Regulation – Eurasia Mining needs to clarify its financial position

The other day, I served up evidence suggesting that Eurasia Mining (EUA) may not be able to get funds to its loss making Russian operating subsidiaries which could be a terminal event. I have now written to AIM Regulation begging it to force a clarifying RNS

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125 days ago

Tom Winnifrith Bearcast: If you are buying Bidstack make sure you lube up

I start with window activity here at the Welsh Hovel and what it tells you about the economy. Then onto Wildcat (WCAT), Versarien (VRS), Made.com (MADE) and finally a detailed look at Bidstack (BIDS) where you should be short.

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126 days ago

Women’s Super League football attendance dishonesty ( again)

Record attendance at WSL game scream all the newspaper headlines after the Arsenal Spurs derby yesterday. Arsenal itself tweets out a picture of the crowd and of a big screen boasting of 53,737 tickets sold.  Well all up to a point..

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126 days ago

BREAKING: Open Orphan Insider Trading Probe - Dublin arrest

It is being reported in the Irish online publication, The Currency, that a businessman arrested on suspicion of alleged insider trading this week was trading in the shares of Open Orphan (ORPH). However the businessman was not working for the Irish company.

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126 days ago

Headlam – interims, still a trading resilience Buy?

Floorcoverings distributor Headlam Group (HEAD) has announced results for the first half of 2022 and that trading resilience continues with it remaining on track to meet market expectations for the year.

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126 days ago

Tom Winnifrith Bonus Bearcast: Crack out Evil Banksta's ouzo, vindicated on Naked Wines disaster call in just weeks

The first big call on Naked Wines (WINE) was 18 days ago HERE. Then there was a big follow up article on September 6 HERE. After 2 announcements at no-one is watching O’Clock last night the shares have crashed by 40% today. I discuss where next as I ponder Evil Banksta’s generous gifts on Saturday.

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126 days ago

Tom Winnifrith Bearcast: Diary date 23 September 2023

Put it in your diary now. That is ShareStock 2023. Come on Jimbo you have more than a year to persuade your Mrs to allow you out for the weekend. Courage mon brave! In the podcast I look at Audioboom (BOOM), Parsley Box (MEAL), Fevertree (FEVR) and the greed of Novum, king of the spivs Jon Bellis and Strand Hanson with 2 Standard List IPOs today. No way on earth with that structure will anyone bar the crony capitalists make money from those deals. Coke & hookers all round.

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126 days ago

Picture Article Sharestock 2022, Two Till Very late Indeed

Sadly, photographer C did not hang around for the cold salmon, stuffed marrows, leeks and new potatoes with mint all from the garden. Nor for the home made ice cream and for the drinking which continued until 9 PM. And for some of us even longer as home made nettle beer was opened up inside the house. Next year he must stay for that and so can you. The date is now fixed as September 23 2023 and we have a new really big name headline speaker. But back to 2022.

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126 days ago

Photo Article: Yesterday's harvesting at the Welsh Hovel

There is just so much to do but my target is to harvest at least one crop a day and put it away for winter storage. Tomorrow is the official start of the apple harvest and, having jumped the gun by a week on the crabapples and edibles from the new top orchard I have created, work will, start on the old orchard by the river which is dripping with reddening apples begging to be scratted and crushed into juice. Meanwhile…

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126 days ago

The two charts from Union Jack's own report which tell you why this is a sell

Is that Peter Brailey I hear saying “I told you so” as he sneaks off for a celebratoiry fag (again)?  Today, Union Jack Oil (UJO) has published a long promised report by Gaffney Cline on the Wressle field. What is in the RNS talks about reserves and a load of other yak. The damning story is in the report itself and is summarised in the two charts below.

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126 days ago

Picture Article Sharestock 2022, Noon to Two

By noon, thanks to the verbose Peter Brailey, we were running late and thus lunch arrived while I did a double act with Boatman Capital which I really enjoyed. Great analysis from him and a few jokes thrown in as we talked about some crooks and some overvalued stocks not run by crooks. And we talked about transparency and short selling.

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126 days ago

BREAKING: The Orsu read across to Eurasia – is the AIM darling toast?

Orsu Metals’ quote on AIM was cancelled on 19 August 2016.  But it is still going and the read across from what it is going through looks to be devastating for the pin up girl of the Bulletin Board Moron community, Eurasia Mining (EUA).

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126 days ago

Picture Article Sharestock 2022, 10 AM to c12

Folks carried on tucking into croissants however much I urged them to go to the main tent. The home made jam was just so good. But the cat was patient and still waiting for us and Gabriel Grego was ready and, later than scheduled Lucian and I kicked the day off. We over-ran too but talked about a lot of crooks.

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126 days ago

Picture Article Sharestock 2022, 9 AM to 10 AM

Folks registered in the farmyard and headed through the main barn and up onto the new 35 yard by 35 yard elevated lawn ending with a Ha Ha where Sharestock took place. In the pictures below you see the tents, folks enjoying breakfast of croissants with butterand home made damson and blackberry jams and heading to the stand manned by my son Joshua who was obtaining an early lesson in the joys of capitalism. All profits on the stand go to his ice cream fund.

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126 days ago

OUTSIDE PAYWALL: FCA threatens key Woodford enabler Link with fine & customer redress of up to £306 million: “nomates Neil” next?

The FCA has warned a potential purchaser of fund administrator, Link, that it must provide up to £306 million to pay fines for Link’s Woodford blunders. Some of this may go to the victims of Neil Woodford. But there are likely to be other measures handed out by the chocolate teapots.

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128 days ago

Superb Video: Bill Maher on slavery, rewriting history and "presentism"

Liberal US chat show host Bill Maher serves up some utter gems from time to time. Because he is essentially of the left he can challenge the new left in a way that many of us cannot without risking a new media driven firestorm and calls for mo platforming and career destruction. This is Maher a week ago on the rewriting of history, slavery and much else. He is funny and bang on the money. Enjoy.

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128 days ago

Tom Winnifrith Bearcast: 3,2,1 Victoria - Kerboom!

In today’s Bearcast I look at UK Oil & Gas (UKOG), Canadian Overseas Petroleum (COPL), Westminster Group (WSG), Audioboom (BOOM) and Victoria (VCP).

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128 days ago

Boom, boom: Why are Audioboom shares collapsing?

The shares are off another 15% today at 498p. That is less than a quarter of what they were, earlier this year when the fraudsters favourite journalist Ben Harrington was telling readers of the loathsome fake financial newspaper the Mail on Sunday that bidders were circling. So why are the shares trading lower. There are three reasons:

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128 days ago

Three questions for the FRAUD [email protected] Capital – as it does its first ever deal

Hurrah! Hurrah! The core business, as opposed to the loss making sub scale asset manager Tradeflow,  at the fraud [email protected] Capital (SYME) has just completed its first ever transaction.  The morons are creaming themselves arguing that it makes the shares, at 0.11p, a £47 million market cap, look cheap. Au contraire. Let me explain why and ask three questions of boss Alessandro Zamboni

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128 days ago

Iconic Labs – back from the dead?

The administrators have now published on the Iconic website the details of the proposed Creditors Voluntary Arrangement HERE.l. Iconic (ICON) has also published a notice of a general meeting HERE to approve the proposal of the CVA together with resolutions to implement the CVA and reconstruction. Iconic is Lazarus

 
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128 days ago

Tom Winnifrith Bearcast and Photo: a bear with a sore head

The photo below was of me at Sharestock talking about fraud. I discuss the day and ask those who attended to say which speakers I should drop for next year and to make any other comments. Then I discuss what profits warnings are inevitable a week on Tuesday.  PS Thanks to those offering gifts of wine and ouzo yesterday. It is much appreciated although I am not inquite  the right place to start on them today.

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130 days ago

Ignore director spoof share purchases, fundamentals will out: ref Cake Box

Back in November of last year the CEO of Cake Box (CBOX) sold 3 million shares at 350p to mug fund managers. That means that over the past two years he has trousered £16.4 million at 170p and 350p. Lucky him. The company, which I have called out for months as a slam dunk car crash waiting to happen, has recently served up a horrific profit warning and its shares touched 90p. But then the CEO invested £250,000 at 121p and hey presto the shares are now 142p – more than halfway back to the pre-warning 180p level. This is absurd.

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130 days ago

DS Smith – trading statement and director change, reasons for confidence

Packaging company DS Smith (SMDS) has issued an AGM update including a trading statement and that Finance Director Adrian Marsh has informed the company of his intention to retire on a successor being in place.

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130 days ago

Photo From the Welsh Hovel - tent up, but that was last night

It was up by 8. Then myself, neighbour C and two lads from Wexham put up the smaller food and drink tent. By 9 we were working in pitch black by the light of our mobile phones but we were done. However…

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130 days ago

Tom Winnifrith Bearcast: God Save the Queen - we battle on

I am a Republican but was an admirer of the late Queen. I reflect a bit on her death and on mawkish sentimentality and appropriated grief. I can’t think she would have approved of either. ShareStock tomorrow will go ahead as planned. With folks having flown in from many places to attend it is too late to cancel even if I thought it appropriate which I do not. I then talk about Sosandar (SOS) asking when its profits warning will be? Then about Manolete (MANO ) and Gear4Music (G4M).

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130 days ago

Vindicated yet again: Gear4Music warns again & things are only going to get worse

Oh dear, Oh dear, it is ouzo for myself but tears before bedtime for comrade Malcolm Stacey as Gear4Music (G4M) has issued yet another profits warning. That it does not update us on its cash (or lack of it) position should set the alarm bells ringing.

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131 days ago

Argo Blockchain: another dire trading update & more smoke and mirrors for the vicar

It is hard to know where to start with today’s August trading update from running on vapours bitcoin miner Argo Blockchain (ARB). Suffice to stay it is all fodder for the bears.

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131 days ago

Tom Winnifrith Bearcast – The Dark Destroyer 5 - Darktrace (& PL) Nil

A few logistics on shared cabs etc for Sharestock first. Then Darktrace (DARK), Funding Circle (FCH), Alien Metals (UFO), Cenkos (CNKS), FinnCap (FCAP), Shield Therapeutics (STC) and Restaurant Group (RTN)

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131 days ago

Is the Next Neil Woodford, Cathie Wood getting her excuses in early?

I have suggested several times that Cathie Wood is the next Neil Woodford, a high profile blow up, most noticeably HERE Her latest tweet outburts, below, sounds almost bearish but also nonsensical. Is she getting her excuse for failure in early or just losing the plot?

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131 days ago

Cineworld worth 0p-1.5p, stay short – Evil Banksta

My problem, as ever, is being to much of a nice guy. So, generously, have long argued that Cineworld (CINE) shares might be worth 2p. And I stay with that view after yesterday’s Chapter 11 news.  Evil Banksta,, being a bankster, is by definition not a nice guy and so has been even more bearish. He stays short and bearish and argues that, in a best case scenario, the shares are going to 1.5p. And unlike Damian from Northern Ireland who should be in jail, he explains his reasoning in a balanced fashion, thus:

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132 days ago

Video: The Real Truth about inflation

Book author J.E.S argues that folks do not understand in any way how inflation is going to impoverish them. I agree/ All those who yakked on about Modern Monetary Theory two years ago, from Paul Mason through most of the BBC to Zak Mir, and urged even more money printing, should be on trial for financial crimes against humanity.

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132 days ago

Photo Article from the Welsh Hovel - confronted by wildlife diversity amid a modest Squash harvest

The Autumn harvest is now underway at the Welsh Hovel. Yesterday Joshua and I picked about 90 eating apples, mostly a bright red but with a few Golden Delicious, from the top orchard I planted two years ago. All, bar a handful in the fruit bowl, are now wrapped in newspaper in the apple rack for Autumn consumption. We also picked a hefty weigh of crabapples which I shall make into jelly tonight.

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132 days ago

Cineworld – this man should be in jail

AFTER the company announced that it was going into Chapter 11, Damian From Northern Ireland posted the video below urging folks to buy shares in Cineworld (CINE). Damian you should be in jail. For what he says is selective, quoting from the RNS about how deleveraging will strengthen the balance sheet etc, etc. But neglecting to mention the explicit warning that equity holders will be more or less wiped out. Unbelievably……

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132 days ago

BREAKING – Cineworld files for Chapter 11 and the shares soar, how insane is that?

Cineworld (CINE) has shocked nobody with half a brain or more by putting its US assets into Chapter 11 ahead of a “restructuring process”. Amazingly morons see this as good news! The shares were 25% ahead shortly after the RNS arrived. but are still 13% up at 4.4p. Madness. Cineworld is explicit about what is going on, stating:

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132 days ago

Tom Winnifrith Bearcast: Poulden, Lenigas, the Alien Motley Crew - I've had it with Aussie mining chaps taking the piss with related party deals on AIM

In today’s podcast I end with a few ShareStock logistics matters ahead of Saturday. Before that: Wishbone Gold (WSBN), Alien Metals (UFO), Avacta (AVCT), Asimilar (ASLR), TrustPilot (TRST), Ceres Power (CWR) and Deepverge (DVRG).

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132 days ago

A Cobblers Nibble deli bites the dust - this is the disaster hitting SMEs across the land

My favourite Northants cheesemaker, which gets an order from me every Christmas, is closing one of the two delis it operates and says the other one is fighting for survival. I’d hope that if you are a turophile you consider buying some Cobblers Nibble cheese online in support. The second deli has only been open a year but you can see from the cobbler twitterfeed what issue was bothering management was the cost of power.

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132 days ago

Tom Winnifrith BONUS Bearcast – Come on Sarah Willingham spill the beans on the Nightcap bad news

Sometimes a share price flags up that something is awry. In the case of Nightcap (NGHT) the bars chain, dripping in red flags with some of the worst corporate governance on the AIM sewer, run by Dragon Sarah Willingham and her husband Michael Toxic, I think that is the case. So La Willingham when are you going to ‘fess up?

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133 days ago

Zamaz – now the unravel begins and the most stomach churning paid for video in history

I contacted the FCA yesterday asking how on earth it signed off on the prospectus for Standard Listed Zamaz (ZAMZ) last week. As a recap, colourful Dominic White of the fraud [email protected] Capital (SYME) infamy will make a guaranteed Bernie on day one and for sub £100,000 gets to own 41% of the equity. There is sod all free float. The IPO valued this crock at £77 million but it is in reality worth net cash raised (£2 million) and £125,000 for the underlying business (max) as I explained HERE.

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133 days ago

Tom Winnifrith Bearcast: The guy serving booze in the supermarket was a poster on the LSE Asylum who owned shares in SYME " You're a drunk and about my Ferrari"

Ok that was part of my dream as Jaya and I went out buying the booze for ShareStock. I relay the dream in full and also an old joke. Then onto three companies where there may be financing issues very soon: Versarien (VRS), Deepverge (DVRG) and Wishbone Gold (WSBN). Finally Sharestock. If you want a ticket and have not booked you have just over 24 hours tpo do so and then I will close bookings as we have almost 80 folks coming. Secondly, if you are among the 80 and want supper here with the family from c6.15 LET ME KNOW BY EMAIL BY COP WEDNESDAY.  You can book your seat HERE.

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133 days ago

Westminster Group ramp: Arden Partners and MWM you are an effing disgrace

The morons are getting terribly excited by an article by my old mucker Mark Watson Mitchell (HERE) suggesting that shares in Westminster Group (WSG) chaired by disgraced ex Tory MP Tony Baldry of the fraud 3DM infamy, are cheap as chips. The article is titled “Giving Money away” But it is all demonstrable bollocks targeting the stupidest investors to try and pump the shares ahead of a bailout placing. That will be the 35th such bailout in Westminster’s tawdry history.

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133 days ago

Naked Wines – what happens if a run on the bank occurs?

Based on its published financial results Naked Wines (WINE) appears to be a low margin business generating £2,873,000 of profit before tax on revenue of £350,263,000 a margin of under 1%.  In the annual report Naked repeatedly stresses that this is because it effectively heavily discounts its offering to recruit new customers and Angels to fund its business model. Existing customers are anticipated to become profitable over time. Cheryl Cole is anticipated to head up to Wrexham for you know what.

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133 days ago

A question for Roland Fatty Cornish & Alien Metals: who is Lucine Manjian ( the invisible man)

Yesterday I flagged up an acquisition made by Alien Metals (UFO) which stinks. Its Nomad, London’s worst Nomad, Roland “Fatty” Cornish clearly does not know how to use google.

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133 days ago

Voting in the MCC special ballot

When I was 16 my father arranged for me to join the Marylebone Cricket Club waiting list and a few cold winters later I found myself a member of the world’s most famous cricket club. These days the waiting list is an eternity long. As I am allergic to London, I have not been to a match in years. My in-laws are the only Indian family on earth with no interest in cricket but I keep on forking out the Country membership fee on the basis that one day I shall retire and head down to snooze in the sun watching a spot of cricket at Lords.

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133 days ago

Tom Winnifrith Bearcast: Has the Parsley Box sex pest been canned? And is Alien Metals sticking the AIM Rule book up Uranus?

I start with a few logistics on Sharestock, the opt in for booking supper with my family and how you have just 60 hours to book a seat HERE. Then onto Parsley Box (MEAL) and the sex pest I exposed last week HERE before contacting the company., Cineworld (CINE), Avacta (AVCT), Zamaz (ZAMZ) and the useless FCA and the related party or not shenanigans at Alien Metals (UFO) and its Nomad (London’s worst) Roland “Fatty” Cornish.

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133 days ago

The FCA Disgraces itself: Zamaz – A million reasons why Dominic White wanted to float a company worth £125,000 for £77 million

When someone eventually does something about the FCA, the £77 million IPO of Zamaz (ZAMZ) on the Standard List with a prospectus signed off by the FCA will be a case study in its shocking ineptitude and inability to tackle bad actors

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133 days ago

[email protected] Capital – the cash burn & cash crisis continues, the fraudsters will have to fess up within weeks!

In today’s RNS, the fraud [email protected] Capital (SYME) announced that it had issued another 950 million shares at 0.05 pence per share and 475 million warrants exercisable at 0.065 pence per share.  The gross proceeds were £475,000 but SYME has taken on debt of £47,500 (equivalent to an 10% upfront charge on gross proceeds).  Th at small loan carries a 10% interest rate but is also repayable via shares at an unspecified conversion rate.   

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133 days ago

BOOM: Aaquaverse going bust – wanna buy some Audioboom shares? Plenty on offer if you are mad enough

Oh dear, Oh dear,  as my old pal Michael Walters would say as one of the many duffers he had tipped aggressively had an encounter with the Fat Lady. The house of cards that is Audioboom (BOOM), AAA, and Asimilar (ASLR) is starting to collapse.

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133 days ago

Tom Winnifrith Bearcast: The compelling short case for Avacta

I start with a few words on the logistics for Sharestock, the supper with my family and Wednesday’s deadline for booking HERE. Then on why Avacta (AVCT) shares will collapse at any time, on retail-aggeddon and then onto the Malcolm Stacey view that we should all be in cash. I disagree witn the old Guardian reading loon.

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135 days ago

Is Uju Anya of Carnegie Mellon the most loathsome professor in the world?

Uju Anya is a university professor and researcher in “applied linguistics, critical sociolinguistics, and critical discourse studies primarily examining race, gender, sexual, and social class identities in new language learning through the experiences of African American students.” If that sounds like bollocks it is. But Carnegie Mellon University likes her stuff. Yesterday she celebrated the impending death of the Queen on twitter. Twitter took dowen the tweet but you can see it below. Carnegie condemned the tweet but that was that. Had a white professor celebrated the impending death of, say, Nelson Mandela by calling him a terriorist, he would have been fired. It is a double standard.  Twitter should leave the tweet up so that everyone can see it and realise what a ghastly waste of space old hag Uju is. If you believe in free speech you can’t be selective and the world is a better place for knowing how vile Uju is and what a dump Carnege must be for giving her tenure and for not firing her on the spot.

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135 days ago

MGC Pharmaceutics Results – if you fancy more red flags vicar?

The numbers for the year to June 30 came out last Thursday. Forgive my delayed response but suffice to say that MGC (MXC) engaged in industrial scale turd polishing.

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135 days ago

Tom Winnifrith Bearcast: Parsley Box a toxic and deceitful culture, with all sorts of stakeholders getting screwed

It is one week to ShareStock and I am flat out today cooking, mowing and otherwise preparing for the event. If you have a ticket and want a home cooked supper remember you must opt in by emailing me. If you have not yet booked I shall stop taking bookings on Wednesday night so please do book HERE. Following on from yesterday’s sexual expose, I now look at how Parsley Box (MEAL) screwed its customers, defrauding them to stave off a cash crisis last Autumn. And what does that all mean for the company? It ain’t pretty.

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135 days ago

Cineworld – a shorters nightmare or a shorters wet dream?

Shares in Cineworld (CINE) are rocketing. They were down to 2p. Today they are more than 50% ahead at just under 7p, valuing this company at £90 million. On the BBs folks are talking 10p and 20p. They have not been this excited and screamed “burn shorters burn” since they piled inro Petropavlovsk (POG) just before it went bust. Or Thomas Cook, shares in which surged from 4p to 14p in the last fortnight before it went bust!

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135 days ago

I am branded Mr Angry - Lemming Investor video interview with Stuart Ashman of Skinbiotherapeutics

Let us be clear. When I said that Staurt Ashman said that month on month sales doubled in both July and August I said so because the bearded loon said so in an email to me. For him to backtrack as he does in this interview and suggest that “Mr Angry” is a bit confused, therefore makes me a bit more er….angry. If you have an hour of your life to spare, enjoy.

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135 days ago

Tom Winnifrith Bearcast : an absolute shocker from the FCA - Zamaz & free Cineworld cash thanks to the morons

I end with some logistics on Sharestock, booking for supper, tickets etc – we are now looking at almost 80 seats on the lawn. If you want to book yours please do so this weekend so I can sort out catering etc HERE. I start with economics lessons for the NHS and greedy and lazy Shipmans, then onto Cineworld (CINE), then thanks to Evil Banksta, what is an RCF and musicMagpie (MMAG). Finally today’s new issue Zamaz (ZAMZ) a £77 million IPO worth, £350,000. This is a true shocker. What is the FCA thinking about in permitting this to list on the Standard List?

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136 days ago

Photo article: Hard at work in the kitchen at the Welsh Hovel

Yesterday, as my Oxford contemporaries discovered whether they were moving up or down the slippery pole at Westminster, my five year old son Joshua and I celebrated getting a sex pest suspended from his work, by going blackberry picking. It is horses for courses I guess. But boy was it fun as we discovered two new spots where nobody seems to have been and which were dripping with blackberries.  Joshua’s motive is that if we picked enough I could make more cordial which then becomes ice cream. His birthday party looms and he is keen that his friends have his favourite ice cream. Meanwhile…

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136 days ago

The fraud [email protected] Capital – AGM Q&A session

A correspondent supplies me with the recorded notes of the Q&A session from the June 30 AGM of the fraud [email protected] Capital (SYME). The mood certainly seems to be turning with lots of questions about broken promises, lack of delivery, bloated executive pay and destruction of the life savings of investors. The response to the questions is not impressive.

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136 days ago

Loathsome ex Tory MP Tony Baldry says “mine is THAT BIG” but the Westminster Group’s Nomad disagrees – Spooof!

This is abundantly clear. As I noted here after piss poor interims were published on 18 August, Westminster Group (WSG) is running on vapours and needs to get away yet another bailout placing PDQ if its obese chairman Sir Tony is not to find someone with a similar weight issue waddling to Banbury to sing. This bailout placing will be Westminster’s 35th fund raise as a quoted company!

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136 days ago

Video: The Fed’s Choice is Simple – Hyperinflation or Recession

Veteran businessman and analyst Simon Hunt is a cheerful chap. Not. His predictions are grim.

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136 days ago

Horseface joins Eden – a proven failure joins a proven fraud again running out of other folks’ cash

It is a marriage made in heaven. A long, long time ago Richard Horsman had some real success with a company called Cybit. But rather like a soccer player who once played for a Premier League club but now plies his trade with a series of Tier 4 and National League outfits, those glory days are well gone and more recent failures spring to mind.

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136 days ago

Parsley Box – a question of sexual ethics & workplace relationships

If you are a senior member of staff having a consensual relationship with a junior member of staff that should be okay as long as you are open about it with the folks who run the company. It would be hypocritical of me to say otherwise. But that brings me to Parsley Box (MEAL) which is lurching towards insolvency as it is.

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136 days ago

Tom Winnifrith Bearcast: Why contemporary art is really not a better investment than what Warren Buffett buys

It is my ninth wedding anniversary today and I am a lucky fellow indeed. Tonight a romantic meal at the local boozer with the Mrs. Having discussed this and answering my own quiz question I move onto contemporary art where i am glad to be getting out as claims of hs historic performance offer no guide to the future. Then I look at Revolution Beauty (REVB), Boohoo.com (BOO), Tomco (TOM), Cake Box (CBOX), Made.com (MADE), Asilimar (ASLR), Dev Clever (DEV) and Audioboom (BOOM).

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149 days ago

Tom Winnifrith: New shorts, old shorts, no recordings no holds barred in just 8 days

It is 8 days to Sharestock when 70-80 folks will spend the day in a tent on a raised garden on the banks of the River Dee, eight m,iles from Chester but in Wales! There will be free drinks all day and up to four meals of locally produced food. There is salmonand pike fishing, prize croquet but this day is for those who want to make more money from shares. It will be fun and entertaining with no speaker, least of all me, pulling their punches.

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149 days ago

TUI will be the next Thomas Cook, a zero: Lucian Miers

Next time TUI (TUI) threatens to go bust the German Government will be in no position to bail it out given how many other large German companies will be on their uppers by this winter. So says Lucian Miers who is short of the stock in a material way.

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149 days ago

Argo Blockchain – ANOTHER clear sign that it is bailout placing or bankruptcy ahoy

A week ago interims from drowning in red flags bitcoin miner Argo Blockchain (ARB) made it abundantly clear that it faced a near term cash crisis. Today another sign that it is readying itself for a bailout placing has emerged. But I foresee a problem.

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149 days ago

Tom Winnifrith Bearcast: Would I push Stuart Ashman of Skinbiotherapeutics in the river for making me look like a fool?

In today’s bearcast I look in detail at Cake Box (CBOX), nanosynth (NNN) and Skinbiotherapeutics (SBTX). 

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149 days ago

musicMagpie – the email that tells you all you need to know, the merde IS hitting the fan

I suggested yesterday that musicMagpie (MMAG) was trading badly and that this means that an equity raise will, at some stage, be needed in order to stave off a visit from the Fat Lady. I pondered if that fund raise was already underway. Bang on cue an email drops to those who may or may not have signed up to being spammed by Magpie.

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149 days ago

Cake Box Told y’all! Disastrous warning and it will get worse

Lucian Miers may have become a big fan of Cake Box’s (CBOX) egg-free mega calorie cream cakes but it seems that others are taking a different view. You have been repeatedly warned that this was a disaster in waiting and today there is a catastrophic profits warning and it is only going to get worse. How jolly glad the CEO and his Mrs who sold 3 million shares at 350 to poor dumb sheeple fund managers last November and 3.75 million 170p in September 2020 will be to have banked £16.88 million as the shares are now just 98p. And things will get worse.

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149 days ago

Back to the 1970s and Butterwell Farm as the media predicts thousands of deaths from cold this winter

I am not denying that the fuel crisis will hit a lot of folks hard this winter. If our entire political and media class had not driven this nation down the path prescribed by the uneducated doom goblin Greta Thunberg and had we not prolonged the bloodshed in Ukraine we would not be in this mess. But that is for another day. The GroupThink will – on both counts – be shown to be in the wrong just as they were on masks and lockdown. But will thousands die in unheated homes as we are told by the media and the Labour Party each day? I remember my childhood in the 1970s.

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149 days ago

Macfarlane – interims and set for another year of profit growth

Packaging group Macfarlane (MACF) has announced results for the first half of 2022 and that it expects to deliver another year of profit growth.

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149 days ago

Tom Winnifrith Bearcast - so when will musicMagpie 'fess to the bad news?

I start on if I could, why I would short an opticians chain. I think the answer is I can’t  but I explain why I would like to. Then it is onto musicMagpie (MMAG), the fraud that is [email protected] Capital (SYME), Shield Thereapeutics (STX) – today’s lesson in insanity – and Ben’s Creek (BEN) and disgraced Adam Wilson.

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149 days ago

Letter to AIM Regulation & the FCA – any chance of checking out possible insider dealing at Tern

I hope this is fairly self-explanatory and that the regulators will launch a swift enquiry if only to show that on the world’s most successful growth market, nothing so tawdry has occurred at that hotbed of scholars and gentlemen that is Tern PLC (TERN

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149 days ago

A hopping mad Matt Earl on Darktrace – you’d be mad to own the shares

Last week the Dark Destroyer agreed to do a conference call with a few fund managers to discuss Darktrace (DARK). Some sad feck recorded the call and passed the recording to the Sunday Times which ran a big story “exposing Matt’s undisclosed short”. If only financial journalists on the deadwood press understood that short disclosures are only visible over 0.5%. So, for Darktrace that would be c. £18 million, way too big for Earl’s Shadowfall oufit. Earl is hiding nothing.

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149 days ago

EXCLUSIVE: Boohoo.com – The Dark Destroyer Matt Earl spells out the cash need and the way shareholders were fleeced

Over the weekend I explained HERE why Boohoo.com (BOO) could go bust. Given the shocking corporate governance history here arguably it SHOULD go bust. Boohoo is just a bad actor on the PLC stage. Matt Earl, the Dark Destroyer, was an early critic of Boohoo but even with the shares having crashed to 44p, giving a £560 million market cap, he warns of massive problems ahead and quantifies the extra cash need: £200 million.

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150 days ago

Fecking Warwick School – it happened again

My mind flashes back to that day in 1978, or perhaps it was 1977, when I was climbing out of the old outdoors pool at Warwick school, a place where penguins would have complained about the cold.

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150 days ago

Aferian – interims, difficult half but confidence in second half prospects - BUY

B2B video streaming technology company Aferian (AFRN) has announced results for its half year ended 31st May 2022 and confidence in second half prospects.

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150 days ago

Tom Winnifrith Bearcast - could or should Boohoo.com go bust?

I start with a nasty shock my grandmother, Lesbia Cochrane, got in the late 1920s. This is relevant I suggest that a whole swathe of millenials could be getting a similar shock this year and that is one of many reasons why I pose the Boohoo (BOO) question. I look at its balance sheet, cashflows, shocking G (as in ESG) and find myself agreeing with ouzo man. Thewn the chart below and what it means for any company including Purplebricks (PURP) , getting some PR dictated puffery in The Times today, exposed to UK housing. Finally it is 12 days to ShareStock. I am off to mow the lawn for the tents next, book your seats HERE

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150 days ago

BREAKING: Argo Blockchain – how will it ever get out of the Texas electricity pickle

This will, in years to come be seen as a case study in the invisible hand and creative destruction, that is to say capitalism at work. In times gone by when all the sort of poltroons who believe in Modern Monetary Theory also predicted that the bitcoin price would keep on soaring ad infinitum, there was a rush to build new mining plants in places where there was stacks of spare land and good hook-ups to readily available power, i.e. Texas.

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150 days ago

Photo Article from Uganda, it really is THIS long, Gary Newman proves it

Gary Newman is busy on his main job as an angling journalist and is currently at Murchison Falls in Uganda. Apparently this is good place to meet man eating crocodiles but nothing stops our man from wading into the water with his latest catch which, he says, was 199lbs. As you can see below, it certainly looks big enough for a croc’s breakfast. As for its lunch….

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150 days ago

Tom Winnifrith Bearcast: Liz Truss's dim VAT idea, more Cineworld goes bust news and back to Naked Wines

I start by responding to some of your comments on yesterday’s Naked Wines (WINE) podcast HERE. Then onto Liz Truss and why her VAT plan shows she is either dim or bonkers.In stating that inflation can be tackled with handouts rather than, as Maggie knew, with pain all round and, in this case, peace in Ukraine not an endless war, Ms Truss is lying to us all. Then onto the strange death of Cineworld (CINE).

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151 days ago

Photo Article from the Welsh hovel - blackberry and apple crumble

I am working like a demon picking blackberries with Joshua in order to produce as much blackberry cordial as possible. On Saturday we spent an hour picking at our two favourite sites and the amount we produced generated 600 ml of cordial which is enough to make three litres of ice cream. But with both Sharestock and Joshua’s birthday party looming I need about 6 litres, plus some for normal family use. And fear not there will be other ice creams at both events (lavender and rhubarb & ginger). So it is all hands to the coalface.

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151 days ago

Spanking Bethany’s bottom – you can’t say that!

The Bethany in question is Bethany Garner of Forbes who wrote an article a fortnight ago on the three cheapest CBD stocks in London. The trio were, as a I pointed out at the time, the most total dogs, draped in red flags in a sector on its knees.  On Friday one of the three served up dreadful news and its shares slumped so I said Bethany should have her bottom spanked.

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151 days ago

Tom Winnifrith Bearcast: Is Naked Wines going to run out of cash & is bad news already priced in at the housebuilders?

Congratulations to those remembering Steve Holdsworth with a pint at 10 AM today. That is more than I could manage. Staying with the booze theme I discuss why Naked Wines (WINE) may run out of cash and how bad it is and could be. Then it is onto the housebuilders: is the bad news priced in with sub double figure PEs?  Sharestock is now 14 days away. To get your seat book HERE 

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151 days ago

Video: The current system is close to collapse, a banking crisis is imminent

This will be music to the ears of Nigel Somerville. Alasdair Macleod predicts that the world is going to hell in a hand cart within months and that we should all buy gold as a result. But then, asd the Head of Research for GoldMoney, this has been his message for a while.

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151 days ago

Parsley Box – aggressive discounting starts again, how’s the cash crisis going chaps? This is a zero!

Yet to admit that its MD, poached from John Lewis with great fanfare, has been handed a P45 and a black bin liner, Parsley Box (MEAL) is spamming folks like me, with some offers showing aggressive discounting. This is a clear sign that its cash position is becoming increasingly challenging. And why wouldn’t it?

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151 days ago

Tom Winnifrith Bearcast - why UK house prices have to tank and why Bethany Garner needs her bottom spanking today

In today’s podcast I discuss today’s breaking news on disgraced Neil Woodford’s comeback and the scandalous deception Nanosynth (NNN) has attempted . Then it is on to UK and US house prices, that Moody’s forecast and related matters. Then Revolution Beauty (REVB) and Oxford Cannibanoid (OCTP) - as tipped by naughty Bethany Garner of Forbes who really should have her bottom spanked for her antics.

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151 days ago

Germany's worst foreign policy blunder since 1922

Bruno seems to think it is becoming reliant on Russian Gas in the 2010s. Can any reader think of any action of the last 100 years which might, perhaps, have been an even bigger mistake?

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151 days ago

BREAKING: Is Albany Investment bullshitting me or other folks about Neil Woodford’s comeback?

You might think that disgraced fund manager Neil Woodford and his business partner Craig Newman would want to lie low with their ill gotten tens of millions until the FCA enquiry into them was concluded. But perhaps you cannot keep a good man down.

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151 days ago

Is it okay for a listed CEO to dress up as a Nazi? The Von Stauffenberg Excuse

I rather think that what somebody does in their private life is their own lookout, especially when the incident in question was nine years ago. But in this ESG obsessed world I wonder how other folks might take it. Especially when the company, whose CEO follows the Prince Harry ( of old) party code, yacks on ad nauseum about its ESG credentials.

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151 days ago

Letter to AIM Regulation – You acted on Versarien will you act on nanosynth for the same crime

nanosynth (NNN) has today issued a grotesquely misleading press release which tells investors that it has secured access to almost £3 million in death spiral funding. It has not. It has deceived mugs. Two years ago Versarien (VRS) issued an RNS about a deal with the same death spiral provider which I pushed the Oxymorons at AIM Regulation on, and which they forced loathsome Neill Ricketts and hois motley crew to correct. I have now written to the Oxymorons again…

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151 days ago

OptiBiotix Health – current trading disappointment, but highly favourable risk/reward here?

OptiBiotix Health (OPTI) has announced that it now expects half-year sales in its new structure to be materially lower than expected and, though it expects sales normalising in the second half and healthy growth next year, the current year is to now be “insufficient to make up the H1 deficit”. We profusely apologise for the short-term disappointment though, having spoken to the company, what to do now with the shares down at 19.5p to buy, a £17 million market cap?

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151 days ago

BREAKING: The curse of loathsome Tony Baldry, a hammer blow from Sierra Leone awaits Westminster Group

Chaired by the vile ex Tory MP Tony Baldry, Westminster Group (WSG) is running on vapours (yet again) . That we all knew as explained here. But what the company is not admitting to is a hammer blow from Sierra Leone which will destroy the only profitable part of this business. Let me explain.

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155 days ago

I'm transgender - then do whatever you want!

 A tweet from the wonderful BurnsideNotTosh. Yes this is 2022

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155 days ago

nanosynth Lanstead death spiral deal – this is Versarien deception all over again

On 23 March 2020 Versarien (VRS) announced a £6 million subscription by death spiral provider Lanstead. Of course, it was nothing of the sort. The proceeds have been a fraction of that and, following pressure from this site, AIM regulation forced Versarien to issue an RNS on April 6 admitting as much. Wind forward to today ands Lanstead and nanosynth (NNN) have engaged in an almost identical deception. Does nobody learn anything?

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155 days ago

Tom Winnifrith Bearcast: was this Zak Mir's worst ever (undeclared) paid for forecast ever?

I start with a joke the late Steve Holdsworth would have appreciated for I can confirm that reports of his death were, sadly, not exaggerated. Then onto two US oil plays where I see big troubles ahead: Canadian Overseas Petroleum (COPL) and Zephyr Energy (ZPHR). Then onto the failings of Aquis in covering up the sins of disgraced Graham Mullis at Love Hemp (LIFE) and onto another shocker from the lobster pot Evrima (EVA), hat tip M for that one. Finally, a detailed look at Powerhouse Energy (PHE), its dismal interims, Zak’s appalling forecast/plain paid for ramping and the looming cash crisis set to unfold by this time next year. The big tent for ShareStock arrived today. Gosh it is heavy. I am dreading trying to put it up. To get inside it book your seats HERE.

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155 days ago

Argo Blockchain Interims - when does it run out of proper money next?

Half calendar year numbers are predictably shite but thanks to the monthly trading updates, opaque as they are, we already had a fair old idea how much in the merde the company is, however much disgraced Peter Wall, and his PR gimps at Tancredi, who refuse to answer simple questions, might try to polish the turd.

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155 days ago

GOTCHA: Love Hemp fined £70,000 for lying to investors but it dupes the dopes at Aquis Regulation who rewrite history

I suppose this is another Gotcha for me in that I repeatedly pushed Aquis to act. But what we see today is a partial cover up, a rewriting of history to protect the chairman, disgraced Graham Mullis.

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155 days ago

Andrew Bell of Red Rock explains why the FCA should not send him to jail

Yesterday I asked HERE if I should report Bell, the marmite boss of Red Rock Resources (RRR) to the FCA for selective disclosure of ( very good) news. Bell says he is an innocent man and explains why below. Do you believe him? Over to Mr Bell, Prisoner Number CB9298 says:

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156 days ago

Great expose; #JackMonroe saint or scammer?

https://medium.com/@AwfullyMolly/jack-monroe-saint-or-scammer-80ec92f37bb6

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158 days ago

Tom Winnifrith Podcast: A 1st hand account of Christmas Day 1914 on the Western Front from the Rev Douglas Winnifrith

One of three brothers who all became vicars ( until one was defrocked and sent to prison) , Douglas Winnifrith was my great great uncle and in this podcast I bring you his account – written up in a 1915 book – of Christmas Day 1914 on the Western Front.

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158 days ago

Tom Winnifrith Bearcast: RIP The man in the Paddington Dungeon, should I report Andrew Bell to the FCA and/or push Steve O'Hara in the River Dee at Sharestock?

If Steve Holdsworth has not passed away as I was told I hope he enjoys what I have to say about him. If he has that is my greatest loss today although I do also discuss Optibiotix (OPTI) and Skinbiotherapeutics (SBTX) in detail, the two battering the value of my pension fund. I won’t push Steve O’ Hara in the River at Sharestock but if he brings his chairman I’d be tempted. Grilling O’Hara in person over a Wrexham lager is surely another reason for you to book HERE. The number of seats now needed: 74. Join the crowd on September 10. I discuss Red Rock Resources (RRR), Allied Minds (ALM), Canadian Overseas Petroleum (COPL) and, on behalf of a convalescing Nigel Somerville, Haydale Graphene (HAYD). 

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158 days ago

Zombie apocalypse - this is not going to end well

A zombie firm is one that cannot even cover its band or bond interest from free cashflows. The chart below is of firms from the Russell 3000 Index, aan Index comprising 97% of US listed companies and it shows that 25% of them are now zombies. The last time that number was anywhere close was in 2001 at 17% and look how that played out. But in 2001 interest rates were being cut, now they are increasing just as a consumer slowdown means that free cashflows will be decreasing so that Zombie percentage is going to head sharply higher this Autumn.

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158 days ago

Britain’s top objective mining analyst, Mr David Lenigas suffers a spot of amnesia

We have already apologised a number of times for any suggestion made on this website that Mr David Lenigas was a penny share promoting spiv rather than an objective mining analyst who is so honest and insightful that he must be regarded as a national treasure. But in that vein, the third greatest living Australian after Mr Peter Tatchell and Mr Barry Humphries, appears to have suffered a spot of amnesia when issuing the tweet below yesterday.

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158 days ago

Iconic Labs – is it finally game over for the shareholders and a win for toxic David Sefton?

I haven’t written about Iconic (ICON) since 10 January 2022 when I wrote “Still on life support, toxic Dave Sefton will, shockingly, get away with everything”. Well, based on the following statement published by the Administrators yesterday that appears to be the case:

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158 days ago

EXPOSE: If Sir Christopher Gent is found guilty by the FCA why are Ironveld’s Giles Clarke and Martin Eales not in the dock for exactly the same offence?

These chaps are two pillars of the establishment. Gent has been CEO of Vodafone (VOD) and Chairman of GSK (GSK). Clarke has been running companies including Majestic Wine since he stopped being a CSFB bankster in the early nineties. And he went to Rugby and Oxford so is a true scholar and a gentleman. Okay, Eales is a relative oik.

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158 days ago

Pride Week in Ottawa and my frigging taxes here in Wales

Apart from a brief couple of weeks when we were ordered to celebrate Black Lives Matter last year, Pride Month which started in June 2013 has been celebrated every month since. This week it is Pride Week in Ottawa, capital of the woke Socialist hell hole that is Canada. I am delighted to read in the must subscribe newsletter, the Ottawan – prop my pal D Atwater Esq – that “the Ottawa Tool Library presents the Free Pride Week Sewing Circle, for 2SLGBTQIA+ makers of all levels of sewing experience. Tickets are free.” Radical! Stonewall Riot v2.  But what on earth is  2SLGBTQIA+ – I bet even President Castro-Trudeau cannot tell us what that stands for. But as a Welsh taxpayer there is something else bringing me even more joy.

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158 days ago

Tom Winnifrith Bearcast: Ironveld breaks AIM Rules again, chatting to 2 CEOs, Argo ducks a question (twice)

I start with a reference to this personal podcast about Christmas Day 1914 HERE. Then it is onto Ironveld Resources (IRON), Kefi Gold & Copper (KEFI), Skinbiotherapeutics (SBTX), Advanced Oncotherapy (AVO) and Argo Blockchain (ARB) and it is one of two more reasons given to book your seats at ShareStock on September 10 NOW HERE

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158 days ago

BREAKING: Pirate Pete Landau of Range Resources infamy pleads guilty to theft and fraud and is going to jail

The first lawyers letter this website received about a week after its 2013 launch was from Pirate Pete Landau the boss of Range Resources (RRL). We continued our battles with Purate Pete and his associates such as Greg Smith and I am delighted to say that, last week, Mr Landau pleaded guilty to nine criminal charges in Australia. These days that is not a pre-requisite for a free trip to Oz but a prelude to a jail stretch. Landau will be sentenced on 31 January and he is going down.

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158 days ago

New shorts, old shorts, no recordings no holds barred in 16 days time

It s just 16 days to Sharestock and I bought the big tent for it yesterday!. It will not just be about shares to short. Peter Hambro will talk about gold and how to play it. Chris Bailey will talk about making money from long only value investing in a bear market and 3 CEOs will face a 15 minute grilling from me, including Optibiotix boss Steve O’Hara and Cathal Friel of Open Orphan. But the short sellers presenting are legends.

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158 days ago

Does anyone believe in Powerhouse any more? Another set of jv terms amended

What is the Polish for “Powerhouse Energy (PHE) looks increasingly fecked?” Another JV agreement has had to be rewritten as nobody external will bankroll this unproven technology. Today’s news casts a new doubt over the commerciality of its IP and also of when ( not if) Powerhouse will need to do yet another bailout placing.

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158 days ago

Love Hemp issues the sort of misleading release which again shows why no adviser should act for it

Having told a grotesque lie to investors about raising cash which it had in fact not raised, the board of Aquis listed Love Hemp (LIFE) should be in jail. Instead, with almost no cash, it limps on, its shares suspended as no advisor has signed up to replace Peterhouse, which quit when the lie emerged. Today another deceit.

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158 days ago

Tom Winnifrith Bearcast: Today I bought shares in ...

All is explained in the podcast but my pension has gone to nil cash after this trade. Then I look at Eden Research (EDEN), musicMagpie (MMAG), Cineworld (CINE), Boohoo.com (BOO) and Revolution Beauty (REVB). As of today 72 chairs will be needed for ShareStock on September 10. I am scrabbling to get them so if you want to attend please book early in case I need to do more scrabbling. Book HERE

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158 days ago

Tom Winnifrith BONUS Bearcast: Dev Clever refuses to admit it and Nigel Wray won't want to hear it, but it is almost bust - a £180m nest of snakes

Dev Clever (DEV) has some very belated results out today. Its failure to update on current cash tells you it is almost bust. So too, I suggest, is its proposed RTO target Veative. And also Asimilar (ASLR) the listed company most of whose NAV is Dev related. I analyse the results and explain, not that Nigel Wray will want to hear this, why the Dev valuation is a joke. This whole mess is a £180 million nest of snakes.

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158 days ago

Sanctions against Russia who benefits? Er…Russians, case study Petropavlovsk.

One day, I know not when, there will be no sanctions against Russia. And at that point we might be allowed to ask, without being accused of being an apologist for President Putin, who exactly benefits from all of these sanctions. Hat tip to JW for a summary of what happened after AIM listed Petropavlovsk (POG) went bust. This company, once worth £500 million, was largely owned by British shareholders. So, who benefits from its collapse? Yup. It is the Russians.

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158 days ago

Photo article from the Welsh Hovel - Joshua and I press first apple juice of 2022

The apples should be falling later but this hot summer means that in the old orchard by the river they are starting to drop already. So they should be almost ripe. If I wait longer more will fall down the sloping banks into the river or just sit on the ground waiting for worms and other bugs. And so Joshua and I gathered a large plastic ball full and did our first press of ther year, aided by our new toy, an apple scratter.

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158 days ago

Cineworld comments, shares up – thanks be the Lord, another chance to short

This statement should have come out on Friday but Cineworld (CINE) likes to treat its shareholders in the way that dirty peasants deserve. So is the company going bust?

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158 days ago

Gwyn Burr – rat – sinking ship – Made.com

Being oh so ESG friendly Made.com (MADE) not only has a bird as its CEO and also as its chairman, sorry chairperson, but it also, until today, had a full flush of 5 NEDs. Such wonderful diversity has not prevented the company guzzling cash at a prodigious rate, missing every target ever set, and it has now admitted that it needs a bailout fund raise PDQ, as I predicted HERE.

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158 days ago

Video: Crippling debt loads will crush economies

Too right. And individuals and corporates. Folks have no idea what is blowing in. Patrict Karim is a chartist so talks bollocks but on this one he is bang on the money.

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158 days ago

Thungela Resources – interims - we are 80% up here so what next?

Thungela Resources (TGA) has announced results for the first half of 2022, noting “profit for the reporting period of R9.6 billion in a volatile operating environment (H1 2021: R351 million)”. This has currently helped the shares up to around 1500p, so how does the value look now?

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158 days ago

Tom Winnifrith Bearcast: which bubble pops first, NFTs, crypto, UK housing or David Lenigas' next penny dreadful IPO ramped by Zak Mir?

The root causes of all these bubbles popping (apart from the next Lenigas/paid ramper Zak Mir and Richard Poulden shit show) are the same. I explain and discuss.

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158 days ago

It is NOT homophobic to call the Police out for this waste of money at Lincoln Pride

Some of the responses to the tweet below sent out by Lincolnshire Police showing its officers dancing away at the LGBT Pride parade in Lincoln suggest that only hate filled Daily Mail readers could possibly object. 

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158 days ago

Cineworld - a suicide threat post from the LSE Asylum which says it all

I discussed Cineworld (CINE) and some lessons folks can learn in bearcast earlier. But the post below from a bloke who has lost everything is sad and instructive. And I start by saying that even if those chap has posted vile things about me as a leading critic of Cineworld (CINE) I really hope he does not end his own life. Suicide is no joking matter in my family, as folks like Julie Meyer keep reminding you all, and he should talk to someone. I am sure he has friends, if not he can reach out to me and I will happily have a chat.

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158 days ago

Lonny "the Prick" Baumgardner of Predator trolls me to protect his chairman from insider dealing probe

Last year I forced the sacking of Ron Pilbeam as a director of Predator Oil & Gas (PRD) after I exposed his dodgy share dealings. You’d have thought his fellow directors would have learned. But this week I exposed the share dealings of chairman Paul Griffiths and the company’s financial adviser Peterhouse quit as a result of this matter. It would not act for a company whose chairman sold shares PA at 9p knowing that a placing (which was at 5.5p) HAD to happen within weeks to fund drilling commitments made but which investiors were unaware of. This looks an open and shut case.

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158 days ago

Tom Winnifrith Bearcast: Will Marstons be the next Cineworld?

I start by revealing the latest speaker at ShareStock and if you are thinking of coming please do book ASAP so I can order the right number of chairs, pizzas etc. You can book HERE. Then it is onto Cineworld (CINE), what should have happened on Friday but did not and what happens next. Then I discuss whether Marston’s (MARS) is another Cineworld in waiting.

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158 days ago

Ironveld Resources: “we have done nothing wrong” – Letter to The FCA & AIM Regulation, let’s see about that

A spokesman for Ironveld Resources (IRON) denied to me yesterday that sitting on price sensitive information for at least 6 weeks during which time the share price slumped by 30% as some folks “miraculously” knew the bad news, is not doing anything wrong. “The company does not believe that it has done anything wrong”. Neither do 90% of the inmates of Wormwood Scrubs. Whatever you say Giles Clarke and Martin Eales.

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158 days ago

BREAKING: [email protected] Capital - a deep dive into its share register begs big questions for the FCA

Undertaking an analysis of [email protected] Capital’s (SYME) share register is made much simpler by the use of the platform Simply Wall St.  This is an online app which is free to use for a limited number of companies.  You can obtain the following summary for the apparent current shareholders in Supply derived from public sources by Simply Wall St.  The summary analysis prepared is set out below.

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159 days ago

The BBC: If you keep repeating a lie maybe folks will believe it – the Rev Richard Coles and the Lionesses

I have a lot of time for the good Reverend the, now retired, vicar who started off with Jimmy Somerville in the Communards. He handled the death of his husband stoically and he serves up really quite interesting material, an increasing rarity on the BBC. On twitter he brought my attention to an interesting Northamptonshire artisan cheese. But yesterday on his show the subject turned to women’s soccer and he insisted that audiences at Euro 2022 were “huge” and that was a game changer. The problem, as I pointed out to him on a tweet he ignored, is that what he said is just not true.

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159 days ago

BOOM BOOM - when is the lack of profits warning at Audioboom which will expose its painfully thin balance sheet?

Bear raider Miles Dyson and I chatted the other day. Lucian Miers says that – apart from me – Miles is his new best buddy. His work on Audioboom (BOOM) suggesting fabricated user numbers is compelling as you can see here. But last night he unearthed a hammer blow which, as I shall explain below, will have devastating consequences for the share price.

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159 days ago

Tom Winnifrith Bearcast: ouzo tonight, is Cineworld Bust and Mahmud looks like a prat already

I end with a few words on Sharestock as I prepare the jam tomorrow. Tickets and details of our latest speaker can be found HERE.  Then onto Cineworld (CINE), Revolution Beauty (REVB) which is already making Mahmud Kamani of Boohoo (BOO) look like a prat. Again! And then Chill Brands (CHLL). Tomorrow I report another two corporate bosses tgo the regulators. That is my weekend treat!

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159 days ago

BREAKING: Cineworld shares plunge 89% - it is preparing to file for bankruptcy

Two days ago it fessed to considering a debt for equity swap that would see shareholders almost wiped out. Today it could, as I warned,  be even worse than that.

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159 days ago

Chill Brands shares surge on non deal – do a google search!

We have not had any hard sales data from Chill Brands (CHLL) for an eternity. We had interims to 6 months 30 September 2021 then an admission that much of the H1 revenues booked may have to be backed out when FY to March 31 numbers are eventually released. In early May there was an admission that offline sales through retailers were essentially zippo and a claim that online sales via Chill.com were up by 30% in the three months prior. 130% of SFA is still SFA.

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159 days ago

BREAKING EXPOSE: Westminster Group accounting blunder hides the true financial mess it is in

I explained yesterday how the curse of value destroying loathsome ex Tory MP Tony Baldry was about to strike again and that Westminster Group (WSG), where his chairmanship has seen a 5 year 90% share price collapse, was set to do another bailout placing. On reflection, the numbers presented are misleading and the merde in which this company is drowning is far greater than folks realise. Let me explain.

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160 days ago

The loathsome Guardian scumbag journalist George Monbiot hoist by his own petard - A Velvet Glove classic

https://velvetgloveironfist.blogspot.com/2022/08/george-monbiot-hoist-by-his-own-petard.html

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161 days ago

When the Government says that soaring electricity prices are down to Ukraine, the graphic that shows they are lying

If it was just down to Ukraine or printing vast amounts of new money all of Western Europe would be in the same mess. But it is not as the graphic below demonstrates. UK electricity is vastly more expensive than anywhere else in Europe? Why?

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161 days ago

Letter to FCA – please investigate possible/ almost certain insider dealing by Paul Griffiths at Predator Oil & Gas

The financial adviser to Predator Oil & Gas (PRD), Peterhouse Capital has already resigned because of the share dealings by Mr Griffiths and it may well have contacted the FCA – as the regulator ( no sniggering at the back) of the Standard List and the guardian against financial crime ( STOP sniggering!) about the matter. Just in case it has not, I have written today.

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161 days ago

Advanced Oncotherapy’s latest fund raise, this is just taking the piss

The real problem Advanced Oncotherapy (AVO) faces, as I explained here, is that there is not enough demand for its Harley Street proton centre to make a profit even when its LIGHT system is up and running. But for now, LIGHT is not up and running, the company is guzzling cash and that brings us to today’s latest keep the LIGHTs on fund raise. Advance really is taking the piss with its excuses.

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161 days ago

BREAKING: Parsley Box – if you won’t come clean about Simon Russell let me do so for you

A week ago I asked cash strapped, cash guzzling, zero in waiting Parsley Box (MEAL) to come clean about its Managing Director Simon Russell. It has declined to do so so let me assist.

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161 days ago

Tom Winnifrith Bearcast: BREAKING Candy Bros vs Bonnier in court - shit hits fan at AAA, Asimilar and Audioboom

The court case docket is below. I explain what it is all about and why it could crash Asimilar (ASLR), AAA (AAA) and Audioboom (BOOM), I also look at Westminster Group (WSG) where it is placing ahoy as vile ex Tory MP Sir Tony Baldry destroys yet more shareholder value, Ben’s Creek (BEN) and its placing and Predator Oil & Gas (PRD) and the mounting regulatory storm concerning Paul Griffiths. He has got to go. Finally I will announce a new ShareStock speaker tomorrow, book your seats now HERE

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161 days ago

Made.com – Gotcha!

I explained in detail earlier this week why Made.com (MADE) is going to HAVE to do a bailout placing. Floated at 200p just over a year ago, raising £100million by issuing new shares while existing shareholders lobbed out a cheeky £90 million of stock onto gullible institutions, the company is quite simply running out of cash. Today it “responded to media speculation” and essentially ‘fessed that I was right. This will be messy.

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162 days ago

The Financial Times has a Brexit problem - The Critic

https://thecritic.co.uk/The-Financial-Times-has-a-Brexit-problem/

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162 days ago

Predator – ouzo on cornflakes for the Sheriff as Peterhouse quits after share dealing stink

It is sad to have to explain to some demented haters out there but this ouzo on cornflakes thing is my little joke and I am not an alcoholic and you are humourless bastards. These days, I reckon if I shift 5 units a week, that is a heavy week. Anyhow it is ouzo on cornflakes for me after this article and a word of praise for Peterhouse Capital for a shock resignation just before the close yesterday.  Make no mistake this is about the growing share dealing scandal involving Predator Oil & Gas (PRD) chairman Paul Griffiths.

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162 days ago

Tom Winnifrith Bearcast: Boohoo's Mahmud Kamani is the LAST Person to follow on Revolution Beauty

I start with preparations for Sharestock on 10 September - if you are coming please book your seats now HERE.  Then it is onto Cineworld (CINE), the stench of dodgy share dealing at Predator Oil & Gas (PRD), more buit still incomplete disclosures on boardroom share dumping at the fraud [email protected] Capital (SYME) and why Mahmud Kamani of Boohoo (BOO) is the last person on earth to follow as his company (adviser Zeus Capital) takes a 7.1% stake in Revolution Beauty (REVB) – adviser Zeus Capital. It is a small and cosy world innit?

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162 days ago

Just 21 days to go: Book Now!

Yes it is just 21 days to the most unusual event in the share calendar – ShareStock. On September 10, sixty to eighty folks will be sitting in tents on an elevated lawn by the banks of the River Dee listening to legends from the investment world give talks and them chatting to them informally, one to one, in the drinks tent.

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162 days ago

BREAKING: Predator Oil & Gas Placing – if this does not stink, nothing does

Today Predator Oil & Gas (PRD) has raised £3.3 million in a placing at 5.5p. This stinks and begs massive questions about share dealings by chairman Paul Griffiths. The FCA and regulators should be all over it.

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162 days ago

At last Cineworld ‘fesses, shareholders prepare to be rogered!

Well you cannot say that this was not predicted here! Cineworld (CINE) has issued a lack of profits warning and says that when its balance sheet is deleveraged ( when? If?) shareholders will be screwed. The alternative, of course, is administration and a total wipeout!

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162 days ago

Pure Gold Mining – can anyone explain to me why this is not suspended for being bust?

What is the biggest disgrace to come out of Canada? Justin Trudeau in his Pride socks at the Eid parade (or was it the other way round)? Darren Atwater’s idea of customer service?  The music of Michael Buble? No. It is Pure Gold (PUR), the TSX and London listed dog which has been exposed HERE so many times. Today we have quarterlies to June 30.

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162 days ago

Tom Winnifrith Bearcast: Made.com's website tells you a bailout placing on the way: 8p? 7p? 5p?

In today’s bearcast I discuss Kirsty Allsop’s great macro call, Made.com’s (MADE) looming financial crisis (with a screen grab below from its own website telling you how bad it is), the oil price ( down 25% in two months and falling) and Canadian Overseas Petroleum (COPL) and why it is a zero in 2023.

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162 days ago

How Victoria did respond to the bear dossier, Sam Antar would be proud

A couple of weeks ago I pondered how Victoria (VCP) would or should respond to a quite devastating bear dossier from Iceberg Research. In a way it has played the attack cleverly but actually its response makes the stock even more of a sell.

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162 days ago

Photo article from the Welsh Hovel - plum vodka for the Mrs

My friend N has lent me her apple picker, a tall pole with a basket at the top. With an apple scratter now bought I will do a small test harvest of apples from the old orchard by the river tomorrow, with a view to pressing some juice. Those apples are starting to drop so some are clearly ripe. Meanwhile I have made a a little something for the Mrs…

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162 days ago

David Beckham "backed" Cellular Goods new CFO to oversee the cash crisis & going concern blow up with auditors

I wish Bruna Nikolla the very best of luck as she becomes the new CFO at Cellular Goods (CBX) just in time to have a good chat with the auditors about whether this company can be viewed as a going concern.

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162 days ago

Canadian Overseas Petroleum – utterly shite Q2 results in the most favourable macro climate ever! Target price for 2023 0p

Does our own BB savant PL still believe in reports from this company’s house broker saying that Canadian Overseas  Petroleum (COPL) shares will roof it? Who is going to break the news to him that Santa and the tooth fairy are not real? Today’s Q2 numbers try to hide the point but are truly appalling.

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162 days ago

Photo article from the Welsh hovel - jam tomorrow

We have one damson tree here at the Welsh hovel up in the vegetable patch. It overhangs the road down to the hovel and you know when the fruit are ripe as they spatter onto the road and your car crunches over them as you drive in or out. There was a second tree alongside it but the gales took it and I have planted a cherry tree in its stead. For there is already a second source of damsons. My neighbours have a tree which leans over into our garden so we are allowed to pick its fruit too. Our neighbours are in their nineties and their needs are not that great.

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162 days ago

Tom Winnifrith Bearcast: More WhatsApp messages fall into my hands – Giles Clarke what is sauce for the goose

Yesterday I discussed how Ironveld Resources (IRON) via its PR man Tim Blythe of BlytheRay ands the awful Mail on Sunday was smearing Richard Jennings but ignoring the real issue which were breaches of AIM Rule 10 and 11. But what is sauce for the goose… I today read to you a string of remarks made by Giles Clarke, Ironveld’s chairman in WhatsApp messages now in my posession. After yesterday’s indignation perhaps Mr Clarke wants to consider his position. Then onto Abingdon Health (ABDX), liquidity drying up and what it can mean, Parsley Box (MEAL) and musicMagpie (MMAG). I also discuss Wishbone Gold (WSBN) urging a note of caution on “nearology.”

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162 days ago

Versarien: shares slumping, is it the bailout placing or a grim year end trading statement? Or Both!

You will remember that when the old auditor to Versarien (VRS), run by loathsome charlatan Neill Ricketts, walked, the new bean counter said that it would not have sufficient time to sign off on results to March 31 so Ricketts extended the year end to September 30. But the shares are today sliding (again), off 10% to 18p, as chickens prepare to come home to roost.

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162 days ago

A heartfelt and sincere apology to Mr David Lenigas

If I have ever suggested that Mr David Lenigas is a shameless penny share promoter and all round spiv prone to grotesque exaggeration whose clumsy ramping has helped to turn AIM into the sewer that it is, I should like to apologise. And I mean that most sincerely. The tweet below, about a stock where I may have a minor interest, although that in no way influences me, shows that Mr Lenigas is a world class mind whose pithy objective analysis of mining stocks makes him a national treasure. Let the record stand corrected.

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162 days ago

BREAKING: The Night of the Living Dead – Media Corp is back and heading to Aquis

Look what is crawling out of the grave, maggots emerging from every pus-filled orifice, the smell of death everywhere…it is Media Corp (MDC). It is back

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162 days ago

Abingdon Health – even more bad news, ouzo on my cornflakes

I warned before it listed that Abingdon Health (ABDX) was essentially insolvent and that the 96p ( £92 million market cap) was bonkers and that anyone investing was insane.  But, of course, institutional fund managers (playing with YOUR  money) knew better and gambled £22 million. After the latest shocking news the shares are, after 19 months, just 6.75p. Ouch.

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162 days ago

One of those moments when you feel the decadent West is doomed

With a hat tip to Darren for this one, like so many signs of the sad decline of a flabby and decadent civilization comes from Canada. No it is not a ruling that bestiality can be legal as long as there is no penetrative sex. That happened in Canada ages ago, back in 2016. Keep up. From Darren’s excellent newsletter, the Ottawan:

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164 days ago

Powerhouse CEO walks after just six months as Peel deal changed yet again

In the beginning Peel Holdings was to fund the Protos SPV roiling out Powerhouse Energy’s (PHE) not so revolutionary and unproven waste to hydrogen plants. Then Peel realised the risk it was taking and made Powerhouse raise equity to lend money to Protos. And today…

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164 days ago

Tom Winnifrith postcard - driving from Southern Greece to Northern Wales

My trip started at 10 AM GMT on a Monday and ended 2.30 AM GMT on last Thursday. I will not be doing it again. I describe exactly what happened.

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164 days ago

Tom Winnifrith Bearcast - in smearing Richard Jennings as a racist via the Mail on Sunday, Ironveld exposes how it broke AIM Rules 10 & 11 and why its bosses should be fired & sanctioned

Today’s Mail on Sunday carries a nasty hit job on Richard Jennings of Align accusing him of racism. You can read it HERE. The story is clearly manufactured by Ironveld Resources (IRON). I do not know enough SA slang to comment on Jennings’ words. However, amazingly the dickhead journalist not only failed to report matters showing Jennings as a supporter of poor blacks in Zim South despite having the evidence, but the whatsapp messages referred to show Ironveld driving a coach and horses through AIM Rule 11 and AIM Rule 10 so misleading its investors. I explain why that may have enabled some smart money to get out at the wrong prioe and why this should be enough to see Martin Eales and Giles Clarke fired at once. Unlike the wretched Mail I bring you the full whatsapp thread.

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164 days ago

Tom Winnifrith Bearcast: Explaining why Victoria and Cineworld are zeros and why Malcolm is bonkers

I start with gardening news and a bit sbout ShareStock 2022 and 2023 and urge prompt ticket booking for the former HERE. Why Victoria (VCP) is a zero in waiting is a matter for Sharestock but today I look at why Cineworld (CINE) has not collapsed yet but why it will. Then there is Advanced Oncotherapy (AVO) and why it MUST end in tears whatever PL says.  Finally I comment on the lunacy of Malcolm Stacey. I think he meant to send today’s column to the Guardian letters page, it is insanity writ large.

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164 days ago

Afentra – proposed acquisitions excitement sparks shares, take 90% profits?

There is no “house view” on this website. Our authors can and do disagree. For instance, I think Malcolm’s piece today is complete and utter bollocks and will explain why later on bearcast. Last week Gary Newman was bullish on Afentra (AET), HERE. But there is another view.

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164 days ago

Daniel O’Neil you old spoofer – your share buying at Procook does not wash

The IPO of Procook (PROC) last November was one that I explicitly warned you about. That offer was at 145p. The shares are now 40p but CEO Daniel O Neill really is the most almighty spoofer, his share buying of late is a red flag in itself, an invitation to go short.

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164 days ago

Video: Buy gold and shares, sell bonds as we head for a decade of inflation

Analyst and writer Kevin Muir  says that investors seem to be having problems understanding the current economy and inflation: those in charge are arguing that this past month had no inflation. The reality is that month over month figures may be indicating that inflation has peaked.  Kevin says that this may cause the Fed may to be less hawkish than most investors are expecting.

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166 days ago

ShareStock – No Video Links this is a personal experience!

“Can I do my chat with you via video link?” said the least well-known person attending Sharestock on September 10 as a CEO speaker? “No! You are uninvited” said I. He missed the point about this event, it is personal. You can listen to all the speakers on stage but then collar them in the drinks tent before or afterwards for a one to one chat.

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166 days ago

Tom Winnifrith Bearcast – Six Flags is the canary in the coal mine

I start  with dire numbers from the theme park operator and what they mean for companies such as MADE.com (MADE), Fevertree (FEVR) and ProCook (PROC). Then I look at the former WPCT (SUPP), Revolution Beauty (REVB) and Canadian Overseas Petroleum (COPL), now a great low risk short, as the price is capped by the death spiral in place. That cap can only move lower.

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166 days ago

How would Ed Croft and Stockopedia rate Company X as it files its accounts?

Ed Croft’s Stockopedia is the stock picking system that ranged the Quindell (QPP) fraud as one of the cheapest companies on AIM and said that Globo (GBO) scored 92/100 as a buy. It was a fraud too and went bust. Then there was Wirecard which Stocko pushed aggressively just 3 days before the balloon went up! Two years after the Woodford blow up, Ed is now and expert saying his system could have predicted it.  Whatever. So how would Ed’s system assess company X which has just filed 2021 accounts

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166 days ago

Another Letter to FCA - how many million pounds has Alessandro Zamboni made from unreported [email protected] Capital share sales?

As I noted yesterday, the fraud [email protected] Capital (SYME) is spoofing like there is no tomorrow to get its open offer away and to allow death spiral provider Venus to forward sell another tranche of shares. Supply is tunning on vapours. But there is a big question, the woke twits at the FCA seem unwilling to push on: how many millions of pounds has CEO Alessandro Zamboni made from covert and undisclosed share dumps? I have written to the FCA.

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166 days ago

Shield Therapeutics – failure rewarded and interests unaligned

Greg Madison was appointed as CEO of Shield Therapeutics (STX) on June 1 2021. The shares were then 60p. Today they are 8p. In just over a year Greg has presided over a catastrophic 87% destruction of shareholder value. Luckily Greg had no shares himself just a stack of options granted to him two weeks after he joined, to incentivise him.

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166 days ago

Canadian Overseas – the death spiral ramps up in & still the morons can’t do the math!

Still the dumb pricks who own these shares do not seem to get it and think that abusing and trolling and abusing myself and Gary Newman is going to reverse the all too predictable share price decline. Today, there is another RNS for them to ignore.

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166 days ago

Photo article from the Greek Hovel - calling all olive harvesters for a pre Christmas treat

Veteran olive harvesters will look at the photos below and know that the 2022 harvest will not be a very good one. It will not be terrible as things stand though there is still time for an act of God intervention such as a severe windstorm. But it will not be great. Thus it is uneconomic to hire Albanians to assist with the harvest. So how do you, dear readers, fancy being an Albanian. Here’s the deal.

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166 days ago

Video: Pricking the largest financial bubble in history

Analyst Michael Oliver pulls no punches.

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166 days ago

Tom Winnifrith Bearcast - will Parsley Box come clean?

I start with a bity of my travel adventures. I was in bed by 3 AM last night after the previous night’s 5 AM. If I ever say that I am driving from Greece to Wales in 2.5 days again you can shoot me.  Then I remind you that it is less than a month to ShareStock so book your seats on the greenest lawn in Wales NOW. Then I look in detail at Revolution Beauty (REVB), Wildcat Petroleum (WCAT), I have a hot rumour on Parsley Box (MEAL) and I comment on GSK (GSK) and the Zantac issue. or non issue. Any more carcinogens with your medication vicar?

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166 days ago

Revolution Beauty Group - from bad to worse, accounting snakes emerge from long grass, management talks bull re debt issue

I bet Elizabeth Lake is regretting joining Revolution Beauty (REVB) as its CFO on May 12 this year. The previous incumbent Andrew Clark hung around till the end of July for an orderly handover, since when we have had a ghastly profits warning and now, today, an admission of potential accounting “issues.” Ms Lake must feel as if she was parachuted onto the Titanic just before the iceberg. Or maybe she should take some blame and walk the plank?

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166 days ago

Eight Capital and David Bull (shit) fallout from fall out?

Is it good news that the bastard little brother of the fraud [email protected] Capital (SYME), Eight Capital Partners (ECP) has lost its CEO? Normally a shock departure after just 11 months as CEO is bad news. But this CEO in question is toxic.

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166 days ago

BREAKING: Bear Raider Miles Dyson sticks it to Audioboom

I do not think Miles is finished with Victoria (VCP) yet where I agree with him that this could well be a zero. Meanwhile he has a new target where I am also a long time bear, 

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166 days ago

Christopher Booker will spin in his grave as the Daily Telegraph hits new depths of global warming fake news

Though on the payroll of the Sunday Telegraph, Chris actually cancelled his Daily Torygraph two years before he died as he found it just too ghastly: woke, metropolitan and innacurate. For a man of the countryside, of his beloved Somerset, the Torygraph had become a beast from another planet. And that brings me to the photo and article below frm last week.

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166 days ago

Photo special on Alpesh Patel OBE: where are your customers yachts?

The Crown Prince of the sheep shaggers, Paul Roberts of the excellent Stockomendation website, has been a guest of Alpesh Patel who is caharging folks thousands of quid for a luxury insight into his trading genius. Paul writes:

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166 days ago

Tom Winnifrith Bearcast: When it comes to customer service the French can be such xxxxx

I start with my troubles in travelling and also with a guest at the Greek Hovel changing all the locks. Suffice to say I am in a bad mood as I head back to Wales. Then it is onto Canadian Overseas Petroleum (COPL) where – goaded by a trolling and abusive shareholder – I remind you why the shares will be sub 10p by Christmas and could well then head rapidly towards zero. Then back to Zak Mir and Lift Ventures (LFT), where I serve up a scenario where the initial Miriad deal was illegal and the cover-up needs exposing, something Aquis Regulation could do at ease. Of course if the NEDS and adviser Optiva are smart and, if my theory is correct, they will resign and whistleblow now as IF the initial deal was illegal and that is now being covered up they do not want to be implicated if things get messy.

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166 days ago

How does Victoria respond to the Iceberg bear dossier?

Short selling outfit Iceberg recently published a bear dossier on carpets roll-up play Victoria (VCP), which I reposted on this website HERE. Writing to you from Greece, I am not aware if the deadwood press is taking this matter onwards as what Iceberg wrote was very punchy indeed and I am sure that Victoria’s PR spinners will be using phrases involving the dreaded L word (lawyer) to any of the spineless 4th Estate hacks who ask questions.

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166 days ago

[email protected] Capital – Kicking the Can Down the Road (again!)

Today Alessandro Zamboni the boss of the fraud [email protected] Capital (SYME) issued an update to his update of 29 July stating:

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166 days ago

Zak Mir’s Lift deal – why it so obviously stinks

It has been suggested to me that my criticism of Zak Mir’s Lift Global Ventures (LFT) is driven by jealousy in that The Sith Lord is clearly coining it in.  Au contraire. It is because everything about this stinks. And if the FCA and Aquis Regulation were not so utterly useless they would be all over this. Let me explain why.

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166 days ago

Jill Scott MBE & Captain Lionness - are you serious? Or is it just about money?

I know that saying anything that is not unthinking praise about the Lionesses is, more or less, a hate crime. But have you seen England’s captain plugging Walker’s Crisps?

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166 days ago

Hat tip Ouzo Man: data from the taxman shows why Purplebricks is screwed

The new CEO at Purplebricks (PURP) can drone on about cost cutting, diversity and inclusion all she wants but when you are sailing into a macro-economic hurricane, all small ships will sink. My thanks to reader “ouzo man” for pointing out the latest data from the HMRC.

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166 days ago

Tom Winnifrith Bearcast: Wildlife diversity spotted on snake hill and, in a similar vein, Zak Mir does a deal with himself

I start with the wildlife diversity and will leave you in supense ahead of the drive back to Wrexham which starts in one hour. Then it is onto Zak Mir’s sordid Lift Global Ventures (LFT), more Clem Chambers gimps getting the boot at ADVFN (AFN) and Bidstack (BIDS) where after today’s piss poor interims, even Stevie Wonder can see that the writing is on the wall about the next bailout placing.

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167 days ago

Tom Winnifrith Bearcast: On mating golden eagles, Joshua's heroic swimming and Big Sofa

It is my last full day in Greece. I reflect on the holiday and on the olive harvest to come in December at the Greek Hovel and then my full and final thoughts on Big Sofa (BST).

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167 days ago

Big Sofa - I am writing this one off

Throughout the year Big Sofa (BST) has been telling us that everything was going well with new hires and client wins. Well that was a fecking lie as the circular issued the other day but not received by this shareholder shows. Do I want to put up more cash or be 90% diluted? You know what? I will take the hit and I now write this off mentally as a zero. I apologise to all who have lost money on this one. If its any consolation my personal hit is in excess of £40,000.  I now value this as a zero and indeed rather look forward to Big Sofa spunking this placing and going bust. 

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167 days ago

Advanced Oncotherapy is a slam dunk short

I should declare that I am a shareholder in this company. I bought 1 share a few years ago so that I could attend its AGM to quiz the management on the catalogue of lies they had told to investors.  Then covid struck. On a properly regulated market Advanced Oncotherapy (AVO) would have been given the order of the boot years ago, but this is AIM.

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167 days ago

Tory Minister Therese Coffey – are you really that dim or do you think we all are?

Therese Coffey MP was on Sky this morning where she was meant to be batting away questions on the cost of living crisis and the drought. Either Ms Coffee is thick as two short planks or she must think we are.

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167 days ago

BREAKING: The fraud [email protected] Capital – the fantasy of the post Proof-of-Concept 1st inventory monetisation valuation

As the Bulletin Board Morons await news on their first inventory monetisation for a derisory $1.5 million promised to deliver in July by Alessandro Zamboni in his RNS of 28 June, then promised last week in his RNS of 29 July and so far, consistent with the majority of Zamboni promises nothing actually materialised.

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167 days ago

Tom Winnifrith Bearcast: Jupiter tells Revolution to stick it up Uranus

In three days time I start the drive back to Wrexham and I explain why Chris Gilbert of Fox Marble (FOX) sees nothing wrong happening there but much to the disappointment of many on the LSE Asylum I shall be taking an alternative route home. I flag up now that my output may be limited next Tuesday and Wednesday. I then cover Deepverge (DVRG), Revolution Beauty (REVB) and also in some detail Argo Blockchain (ARB). Then say a few words on Sharestock to which I hope you can book a ticket HERE.

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167 days ago

Another Deepverge turd for Gerry “the arse” Brandon to polish – death spiral kicks in October

On 23 June 2022 Gerry “the arse” Brandon, a man who broke AIM Rules 10 and 11 before his last bailout placing last summer, served up calendar 2021 results noticeable for their prodigious cashburn but the most bullish of statements about the jam arriving tomorrow, or in fact this year.. How things can change.

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167 days ago

BP – strong second quarter results and outlook confidence, Buy

BP (BP.) has announced second quarter and half-year results including a second quarter attributable profit of $9.26 billion and 10% increased dividend per share to $0.06006 and outlook confidence with ongoing supply disruptions in the industry and a relative lack of inventories.

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167 days ago

musicMagpie – money for nothing and chips for free

Of course, musicMagpie (MMAG), the cash guzzling POS floated with a fraudster steering the ship, is already in Dire Straits. But now let’s chuck in some executive greed.

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168 days ago

Photo article from the Greek Hovel – look what I met on snake hill

On my last full day in Greece I got up early to wash the sheets, pack and do a final tidy. Men really are not meant to change duvet covers are they? I really struggled on that one. But at just after nine I headed down to Kambos for a quick coffee with Guardian reading loons L&G and to return a drill. On the way back up to the hovel, as I was driving up snake hill, I saw something moving. As I drove a bit closer it picked up speed.

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168 days ago

Malcolm Stacey is still moving mansion

I am afraid that events have conspired to deprive us of Malcolm’s words of wisdom for a third day. You will remember that Malcolm has now moved the contents of his 26 room South Wales seaside mansion to his new home in North Wales in a carbon net zero worker friendly manner. But he has no internet. Yesterday …

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168 days ago

Video: The rush to buy gold is inevitable and will shock everyone says Quoth The Raven

The only financial podcaster who swears as much as me ( perhaps more) and is almost as outspoken as me is Chris Irons, aka Quoth the Raven. In his latest podcast with Palisade Capital he does not hold back.

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168 days ago

Tom Winnifrith Bearcast - when is the placing at Oxford Cannabinoid?

 I start with AMTD Digital, run by a man banned from operating in Hong Kong, whose US listed shares have zoomed  ahead by 14,000% since its IPO a few weeks ago. It is now valued at more than Goldman Sachs. This is insanity writ large but it is risky betting against insanity. Then it is onto the stench of the Betahny Garner affair, Cellular Goods (CBX), Kanabo (KNB) and Oxford Cannabinoid (OCTP) where i discuss other clear signs that a bailout placing is being lined up. Then it is onto Online Blockchain (OBC) and the threat ADVFN (AFN) should be making against it. Finally I discuss La Willingham’s Nightcap (NGHT), its trading statement and the cash crisis looming this Autumn.

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168 days ago

LSE AIM Statistics for month of July 2022 – a £44 billion shocker

Oh dear, it seems as if the self-styled “ world’s most successful growth market” is having something of an annus horribilis. Pay rises all round at AIM Regulation!

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168 days ago

Malcolm Stacey is still moving house

I am delighted to say that Malcolm has now moved the contents of his 26 room South Wales seaside mansion to his new home in North Wales in a carbon net zero worker friendly manner. Unfortunately…

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168 days ago

Photo Article Greek Hovel 2022 journey home: Au Revoir Greece

Having spent far too long checking in with ANEK, the ferry company, last night I arrived at Patras a bit later than expected after making a schoolboy error and going to the wrong port, only to find that the Check in did not actually work. So much for the e-ticket I flashed at the guard. So I had to scuttle back to the terminal, checked in manually, and drove on board.

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168 days ago

Tom Winnifrith bearcast: is journalist Bethany Garner of Forbes bent or just incredibly stupid?

I start with Kanabo (KNB), Oxford Cannibanoid (OTCP) and Cellular Goods (CBX). Who on earth would write them up as the three pot stocks to buy. They are all utter dogs facing looming cash crises. Meet Bethany Garner. I then discuss Victoria (VCP) after this bombshell. Then  Gary’s death wish, not as a Euroloon, but in considering buying Revolution Beauty (REVB). Then Ariana (AAU) and why its shares continue to drift.  I start with news of a last minute cancellation here in Greece. If you fancy a last minute luxury break drop me an email. Anyhow it means a more leisurely drive back for me starting, I think, on Monday.

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168 days ago

BREAKING: has £380m valued carpets roll up Victoria committed serial fraud & where are the shareholders $65m yachts?

Lucian Miers has been banging on about Victoria (VCP) for years, but today short selling outfit Iceberg has released a damning report suggesting that the £380 million capitalised company has misled investors with fraudulent acquisitions, cannot generate cash and is drowning in a sea of unsustainable debt. It queeries the business dealings and track record of main man Geoff Wilding but publishes a picture of his $65 million superyacht. Anyone reading the report ( below) who is not short is missing out big time. 

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168 days ago

Advanced Oncotherapy tells an obvious porky as it issues more confetti

Does Advanced Oncotherapy (AVO) think that its shareholders are stupid as today’s RNS announcing yet another issuance of confetti ( 2.2 million shares to raise £550,691 gross) is quite obviously a load of cobblers.

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168 days ago

Chill Brands – Oops a daisy, one product line dropped and no update on sales – a date with death eight months away, or perhaps even sooner!

Oh dear. Another day and more bad news from the fraud Chill Brands (CHLL) emerges and another lie. Last September Chill announced that it had launched a new line of synthetic nicotine products, that is to say tobacco free product which contained nicotine. Today it claims that the launch was actually in December – which makes the September RNS another lie whicxh adviser Allenby seems happy to be associated with -  but says that this venture has been wound up with immediate effect.

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168 days ago

Malcolm Stacey is Moving House

There is no column from the old boy today as he is moving house. This presents a dilemma for our own in house eco and social justice warrior. How does one ship the contents from his 26 room palace on the sea shore in the poshest village in South Wales to his new abode in the land of the Gogs, that is to say North Wales, in a net carbon zero manner?

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168 days ago

So when is the Pride Parade in Gaza then?

As the great twitter commentator @BurnsidenotTosh recently noted, it has been announced that 15th March 2025 will be official “not pride day” with pride month resuming on 16th for the next 23 years. In that vein I bring you a tweet from Brighton where it is Pride Month, thirteen months a year.

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168 days ago

Love Hemp – the mystery of the dog that barked in the night

CBD outfit Love Hemp (LIFE), backed by boxer Anthony Joshua , is the company that lied to investors about having raised cash when it had not. That led to its Aquis adviser (Peterhouse) quitting and the shares being suspended on May 3. It says it is still talking to a new adviser but which adviser is bent enough to want to act for a company that lies about such matters?  And then there is a trading statement today.

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168 days ago

Tintra Results analysis – Part 2 – the promised jam tomorrow & the vast discrepancies on management pay

In part one I looked at the legacy issues and the FRC rule breaches. But what of the sunlit uplands mug punters owning Tintra (TNT) shares are promised?

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168 days ago

Revolution Beauty; Lack of profits warning, shares collapse – a new posterboy for the 2021 IPO hall of shame

On 19 July last year Revolution Beauty (REVB) joined the AIM Sewer raising £110.7 million by issuing new shares and with founders dumping £189.3 million of shares at 160p.  After a warning today about dismal trading which is so bad that it begs the question of whether Revolution will go bust, the shares are 26p. This is a new posterboy for the AIM 2021 IPO class of shame and advisers Zeus Capital should be asked some real questions.

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168 days ago

Tom Winnifrith Bearcast - life in the old dog yet!

I shall post photos in the next day or so showing me climbing a rocky and overgrown hill to a castle in the burning midday sun with my daughter Jaya on my back. I did the same three years ago with Joshua but managed better today. There is still life in this old dog. Then onto GSK (GSK) and Haleon (HLN). I ditched my Haleon shares today and explain why. Then I look at Revolution Beauty (REVB), ProCook (PROC), the fraud [email protected] Capital (SYME), Cellular Goods (CBX) and in detail at Purplebricks (PURP). 

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168 days ago

BREAKING: Aristo Knob Giles Clarke of Ironveld fecks democracy and (yet again) his long suffering shareholders

Today’s GM at Ironveld (IRON) was a farce with Chairman Giles Clarke (Rugby and Oxford so obviously a  scholar and a gentleman so beyond reproach) refusing to take any questions and showing an utter contempt for democracy.  There were 4 attendees.

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168 days ago

Photo article from the Greek Hovel - modern loos arrive!

Maybe it is just a coincidence but since it was flagged up that two of the three old eco-loos were being replaced with modern flushing toilets, we have been inundated with bookings for ther Greek Hovel. There is now just one week free before October 9 when the pool will still be very swimmable. I am minded to extend the pool season such is the demand now that our loos have moved into the 21st century. You can see more details olf the eco place HERE and one of the two new loos is below.

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168 days ago

Tintra Results Analysis – Part 1 – the unresolved legacy issues and another FRC Rule Breach

The audited results from Tintra (TNT) for the year ended 31 January 2022 were published yesterday and reveal a loss of £454,000 on revenue of £351,000.  The results primarily reflect the results of the legacy business which Richard Shearer, the new CEO has spent significant time, and money in trying to deal with. So how is he doing? 

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168 days ago

BREAKING: Richard Jennings says he will sue Ironveld and board members for defamation

Not content with giving shareholder democracy a good shafting today, Ironveld (IRON) and its directors stand accused of making defamatory statements about GM Requisitioner Richard “Nobody likes me and I don’t care” Jennings who tells me that his lawyers are now working on a defamation action.

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168 days ago

Headlam – half-year trading statement, a value Buy?

Headlam Group (HEAD) has announced a “pleasing” half year performance and that it “remains on track to meet market expectations for the year”.

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168 days ago

Caption contest/translation request - PR Genius Steffi & NFT Edition

If the bird on the right, and I assume she is a bird but who knows these days, is a fashion expert than I reckon I am qualified to translate Peer Gynt from the original Norwegian into  Somali. I digress, in the comments section below feel free to supply either a caption or ,perhaps, more usefully to explain what this bollocks is all about and how any investor can make money from it. I defy even Jimbo to master that one.

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176 days ago

Photo evidence of life in the old dog/grandpa yet - the 2 Greek Hovel castles climbed in one day

I should say that, the other day, an old man in the square in Kambos looked at my daughter Jaya and then congratulated me on how beautiful my grand-daughter was. That is the first time someone has actually said that I was her grandpa although I am sure some others have thought it. Our mad lefty friends L&G, when they stopped laughing, explained how Jaya was actually my daughter and the old chap looked rather impressed. And here is the proof that the old dog (me) has life in him yet.

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176 days ago

Tom Winnifrith Bearcast: Is Sarah Willingham delusional?

I start with a defence of the privatised water companies on leakage but then discuss their debts and the debts of others, consumers and corporates and how they will cope over the coming year as base rates go from 1.25% to 3.25%. Then I look at La Willingham’s Nightcap (NGHT) and what it is NOT saying as it opens another bar for posh a’hole Oxbridge rejects at Bristol University. Then onto Procook (PROC) and Wildcat Petroleum (WCAT).

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176 days ago

Tintra – why is it still struggling with financial reporting?

I haven’t written about Tintra (TNT) for some time.  Since I last did, it has continued to sort out its legacy business, seeking to build its new model from the disaster that was St James House (previously Boxhill Technology).  It has raised monies at high premiums to its share price, and appointed several impresing-sounding individuals to the Board.  The self-styled “rapidly innovating Deep Tech & Banking business” continues in a similar vein, with the following AGM statement:

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176 days ago

GSK: half-year update - what now after consumer health business demerger?

GSK plc (GSK) has announced a “slightly better than expected” first-half performance, and the shares have responded up to 1755.8p.

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177 days ago

ShareStock – Final speaker announced, and there will be no videos

Somebody had the cheek to ask if I will record videos of ShareStock. Er, no!

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177 days ago

Tom Winnifrith Bearcast: sexual harassment, expense abuse and a disastrous IPO

I am today alone at the Greek Hovel, for reasons I explain. Walking up and down snake hill, I must have sweated off 15 lbs! In the podcast, I start with a look at Boohoo (BOO), ASOS (ASC) and the issue of earnings visibility, as business models are forced to change. On my return, I spoke to a whistleblower from a 2021 IPO roll-call-of-shame company; I relay some of the specific accusations made. I’m not sure when to name the company, and how I should play it. But I will do so when back in the UK. The said accusations compound a dire financial position, about which I have warned you numerous times.

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177 days ago

Tom Winnifrith Bearcast: Morality, FinnCrap and the whistleblower on a 2021 IPO disaster

The whisteblower tells truly salacious stories – I shall speak to them at length, later. I discuss FinnCap (FCAP), the fraud [email protected] Capital (SYME), IQE (IQE), the chocolate teapots at the FCA, and MGC Pharmaceuticals (MXC). Gotcha!

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179 days ago

Before you slam Jeremy Corbyn on Ukraine – what is your plan?

Today’s Emmanuel Goldstein in the two minute hate on social media, in the MSM and at Westminster is, not for the first time, Jeremy Corbyn. His “crime” is suggesting that the UK should not be sending any more weapons and cash to Ukraine. Before you condemn the Marxist old loon what is your alternative?

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179 days ago

The stench of Equities First, IQE and Drew Nelson - scumbags the lot of 'em

Drew Nelson is the scumbag who as CEO of IQE (IQE) persuaded thirsty share bloggers and other gullible souls that his low grade commodity business, based in the  rain sodden, post industrial, covid ridden, second world wastelands of South Wales which never generated a cent of cash was somehow a great growth stock. That justified paying Drew a vast salary but that was not enough to sate his greed.

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179 days ago

Made.com and Fevertree and others – don’t wait for the coup de grace!

After Fevertree’s (FEVR) recent profits warning, Lucian Miers says that he has closed his short. Not that he expects the shares to surge higher just that he sees greater opportunities out there for the teddies. I am not so sure.

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179 days ago

Tom Winnifrith Bearcast: Flip Flop, Ben Turney, & Dan Levi go to war again

I have no skin in this game, though I wouldn’t wish to own shares in Flip Flop’s Kavango Resources (KAV). However, as the two men go to war, it is time to grab some beer and popcorn and enjoy from the sidelines. Then, I look at Asimilar’s (ASLR) cash crisis, and Red Rock Resources (RRR) where, despite Andrew Bell pulling his usual trick, I hang on. Finally, I take a detailed look at Ince Group (INCE), where I am now 90% vindicated, with the shares crashing to c. 5p. I await an apology from its PR man, who suggested that, at 52p just before Christmas, I was wrong to be such a bear. To watch my next hat eating, go HERE.

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179 days ago

Nightcap – how about a full-year trading update, or are the banksters insisting on a bailout placement first?

Nightcap (NGHT), the bars chain floated in a deal to save face for Dragon’s Den star, the ghastly Sarah Willingham, has a curious period end 27th June and December. I have previously noted how this allows the company to mislead investors, as its period-end balance sheet will always include a full month’s cash inflow, but not the final month’s wages.

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179 days ago

Argo Blockchain – a 1-year anniversary of major, but far from isolated, corporate governance failure

There are many reasons to be bearish of Argo Blockchain (ARB), not least a CEO, Peter Wall, who dumps millions of pounds of shares AFTER sounding folks out about a placing, which took place less than two weeks after that dump.  But that is not the only corporate governance issue.

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179 days ago

After the pump – well, what do you expect from UK Oil & Gas?

Golden rules of AIM, Number 34: If there is a ‘y’ in the day, Lyin’ Steve Sanderson is either pumping or dumping. On 20 July, just three weeks after the last ramptastic update from UK Oil & Gas (UKOG), came a full operational update.

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179 days ago

Tom Winnifrith Bearcast: 2 spoofs and a dog's dinner at Parsley Box

I start with the business, the spoofs at shamed Union Jack Oil (UJO) and Hydrogen Utopia (HUI), where the Aquis DOM of the year is yanking your chain.  Then, onto today’s appalling trading statement from Parsley Box (MEAL). I run you through the implied maths, rather than its adjusted EBITDA and other fantasies, demonstrating why by this time next year, it will have gone bust.  It is a zero, however much the bird in charge protests otherwise. Target price 0p by July 2023.

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179 days ago

Photo Article from the Greek Hovel: An Englishman abroad

I apologise to my son, as Joshua insists vehemently that he is Welsh not English. And I do not want you think that I am bringing up up to be another Rees Mogg. The hat is not his normal head gear it is mine. But he looks pretty damn handsome does he not? Before you say it: he takes after his mother.

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179 days ago

Meet Jackie Louise Cope - she is a Union Jack owning moron

Pray for poor Jackie Louise Cope for she is a moron, an obsessive and a fantasist. Her twitter line is full of tweets giving folks, generally utterly spurious, reasons to buy shares in Union Jack Oil & Gas (UJO). I fear that she is obsessive for she seems almost one track minded. Please Jackie go and do something interesting for once. Go get a life! Take up pilates. Learn vegetarian cooking. Go to the boozer. Do something different to break your rather sad routine!

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179 days ago

Video: crypto is just beanie babies

Writer, Robert Moriarty, is a cheerful bear. He discusses the capital destruction that has occurred within both the cryptocurrency and stock markets. He believes crypto is analogous to beanie babies, due to the number of different currencies.

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179 days ago

Letter to FCA – Alessandro Zamboni of the [email protected] Capital fraud: statement overdue on possible covert share dumping

I have written to the FCA, which is the regulator – no sniggering at the back, please – of companies on the (sub) Standard List, like the fraud, [email protected] Capital (SYME). A statement is now overdue, for clarification of whether or not its boss, Alessandro Zamboni, has covertly dumped shares.

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179 days ago

musicMagpie – why must banksters find new ways to lose money?

The answer? Previous ways of doing so already work jolly well.  And that brings us to musicMagpie (MMAG), a company with a proven fraudster one missed heartbeat from the helm, that has deceived its investors, is burning cash and has no real USP. Great! Just the sort of company with which a bankster might do business, particularly as we enter a recession. Coke and hookers all round. Today, we learn that NatWest and HSBC have offered it a three-year RCF, an overdraft for corporates. Boy will music need that cash.

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180 days ago

FACTS you cannot say about the Euro Women’s 2022 and the Lionesses

The other day I served up a detailed podcast on some of the lies that the political and media classes try to get us to swallow. The flip slide of this Orwellian nightmare are the things that you cannot say without risking being branded some sort of “ist” and potentially silenced.  I got an email today from UEFA.

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182 days ago

Tom Winnifrith Bearcast: chatting to a whistleblower

I start with the Tory leadership contest. Aren’t they both awful?  Then I discuss chatting to a whistleblower. Then it is onto Reach (RCH), Toople (TOOP ) – surely the FCA must act – Wickes (WIX), Made.com (MADE) and the fraud [email protected] Capital (SYME)

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182 days ago

Made.com – the grim wheels of death grind faster: target price 0p

It gives me no pleasure seeing companies heading toward bankruptcy. I do not care about institutional investors losing money. I feel some sympathy for private investors, almost certainly roped in by some newspaper tipster or those pushing low grade broker research. But I do feen genuinely sorry for staff and suppliers who will have their lives turned upside down. That6 brings us to Made.com (MADE).

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182 days ago

Toople dire interims, insolvency looms and is it admitting to lying to investors about money?

Toople (TOOP) has always been a dog with fleas and anyone owning the shares, down another 28% today to 0.021p has only themselves to blame – the loss since launch is now 99.75%.  But today’s statement seems to contain an admission of an obvious and monstrous lie told in an RNS before Christmas. Is low life adviser Novum happy with its clients lying to investors? I suspect it doesn’t care as long as it is paid but I’d hope that the FCA would care.

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182 days ago

Wood Group - a Buy (again)?

Last year we banked a more than 40%, less than 7 months, offer-to-bid gain on Wood Group (WG.) at 300.3p. That proved good timing with the shares eventually falling back towards 150p before then recovering to above 250p again. However, they are now available at a 155p offer price and are again a Buy.

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182 days ago

Tom Winnifrith Bearcast: Ordering portable loos, facing being stranded in Greece and talking toothpaste with Skinbiotherapeutics

I start with the trials of ordering portable loos for ShareStock which I have now done. More than 40% of the seats are now taken so with 7 weeks to go please book yours HERE. Then onto how Barclays (BARC) may strand me in Greece and why the Mrs reckons I am wrong on how gay is your stockbroker. Then it is onto Skinbiotherapeutics (SBTX), Optibiotix (OPTI), Ben’s Creek (BEN) and Advanced Oncotherapy (AVO).

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182 days ago

Fancy a last minute Greek getaway – three weeks in August and September left

The Mrs and I have worked hard this summer on upgrading the our luxury Greek mountain retreat with pool but a late cancellation means that it is still free to rent for three weeks between now and the end of the swimming pool season. Full pictures and booking via AirBnB can be found HERE but as a reader of this website if you want to book contact me direct and we can cut out the middleman.

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182 days ago

Tom Winnifrith postcard - are you really happy being lied to?

Monkey Pox, covid, Ukraine, Russia, Iraq, university entrance by race and class, tax cuts. You are being lied to and nobody seems to care. I do.

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183 days ago

BREAKING: Evrima – another POS hiding the ghastly truth about its finances from investors

Shame on bucket shop Novum and on Peterhouse Corporate Finance for acting for Aquis listed Evrima (EVA). It is almost certainly insolvent unless king spiv Jon Bellis can raise it new funds, it is a lifestyle business and it wants to hide the ghastly truth from investors.

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183 days ago

How gay is your stockbroker? Champagne fuelled Diversity gala awards announced for YOU to pay for

My late uncle (by marriage) Richard would be turning in his grave. When he was at Rathbones his job was to manage money which he did well.  That was notwithstanding the fact that he was white, straight, Eton and Oxford educated and that his family originally made its money (400 years ago) from the slave trade. I doubt that with that background he’s last five minutes at Rathbones today notwithstanding him being very good at his job.

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183 days ago

SHOCKING: Outrageous reward for failure: how can anyone back posh twit Clarke & wannabe sociologist Eales at Ironveld

Shareholders in Ironveld (IRON) will, thanks to Richard “nobody likes me and I do not care” Jennings of Align soon have the chance to oust Giles Clarke and Martin Eales. The former (Rugby and Oxford don’t you know and thus a terribly good chap who should not have to deal with plebs like Jennings) has accused the Align boss of being a bully. Yes, a pissed off shareholder who complains must be a bully. Whatever. In the real world, it is Clarke’s own record that needs scrutiny and which is a shocker.

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183 days ago

[email protected] Capital - the wheels coming off the Tradeflow deal & some more rule breaches exposed

In my last article about the fraud that is Standard Listed [email protected] Capital (SYME), I noted the following paragraph within the RNS of 22 July:

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183 days ago

ShareStock – Final Main stage speaker announced: gold guru Peter Hambro

I indicated a week or so ago that I was bored by gold’s failure to run higher despite everything. Maybe that was a buy signal as it has, since then, gone up! Is gold a barbarous relic or will it zoom as chaos descends on the West. Peter Hambro has been involved in gold for 50 years- if anyone knows he knows.

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183 days ago

Photo Article: Greek Hovel summer 2022 Old Kardamili

The Mrs decided that we should take our guests (Joshua’s pal T and her parents) to Kardamili. As you may recall I hate Kardamili with a passion. At this time of year there are far too many ghastly Islingtonians packing its streets, browsing its shops selling hugely overpriced clothes, jewellery and other items which are about as authentically Greek as a Big Mac and fries. The restaurants serve nice food but at London prices. It is Islington on the Med. I loathe it. Its only redeeming feature is the one sandy beach, which is out of town by Paddy Leigh Fermor’s old house, which having no toilet or bar is relatively deserted and quiet.

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183 days ago

OptiBiotix Health – ‘commercial and scientific update’, remains a strong buy

OptiBiotix Health (OPTI) has announced an update on recent scientific and commercial activities, emphasising it is “increasing the range of products, applications, and territories creating the potential to open larger market opportunities”.

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183 days ago

Why Cineworld just has to be your number one short, target price 0p

It is hard to imagine a more perfect storm than the one that now faces Cineworld (CINE). I know that myself and Lucian have been telling you to short it for some while and you will be well in the money if you have followed that advice with the shares now just 21p. But that is 21p too high and so it is not to late to open a short or to add to your position.

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183 days ago

Tom Winnifrith Bearcast: Why Julie Meyer is wrong about Greece

I start with a few reflections about being alone on holiday for the first time in two weeks. It is a short respite but blissful. Then it is onto Julie Meyer and why she is so wrong about the economic prospects of her latest bolt hole, Greece. It is doomed.  Then onto delusion among shareholders in the fraud [email protected] Capital (SYME). And finally why you should book your tickets for ShareStock, on the banks of the river Dee in Wales, on September 10 HERE

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183 days ago

Can any crypto nuts translate this gobbledeygook?

One of the reasons that I have always perceived crypto as a bubble is that its promoters spout goobledygook which is clearly designed to deceive and befuddle rather than to enlighten investors. Maybe one of our in house loons (calling Jimbo!) can translate the sentence below into understandable English. Good luck all.


Ethereum co

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183 days ago

Tom Winnifrith Bearcast: Canadian Overseas Petroleum - absolutely desperate debt facility is NOT what was promised

Anyone who invests in a company run by serial value destroyer Arthur Milholland is asking for it. After deceiving investors ahead of its last placing, his latest vehicle for self enrichment, Canadian Overses Petroleum (COPL) has today served up a new debt structure which is so utterly horrible it tells you just how badly Milholland and Canadian are perceived. I discuss this, the shambles at Mirriad (MIRI), Eden Research (EDEN) and at cash strapped Asimilar (ASLR).

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183 days ago

Photo Article from the Greek Hovel - repairing snake hill at last

Don’t get me wrong but this is a glorious day. The Mrs, the kids, Joshual’s pal T and her parents who are visiting us have all been packed off to the seaside. It is expensive and crowded so they are welcome to it and, better still, they cannot get back until late tonight. So I have a day of solitude, of writing  and of swimming and it is heavenly. It is what this place was built for!

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183 days ago

Another dire warning from Mirriad – bonuses for what FFS? Sack the CEO Now, this is a disgrace!

The half year trading update from Mirriad Advertising (MIRI) out this morning is truly appalling and it shows that those running the company are living in a parallel universe of self-entitlement. This company which has never turned a cent of profit and whose revenues have always been less than your average East Midlands corner store, pays bonuses. Bonuses for what FFS?

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183 days ago

H&T Group – shares further up ahead of scheduled interims, bank gains?

Previously updating on the UK’s largest pawnbroker and a leading retailer of new and pre-owned jewellery and watches, H&T Group (HAT) we concluded that we continued to look for further news flow to drive a return to an above 350p share price. The shares have now reached further higher than that.

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183 days ago

Tom Winnifrith Bonus Bearcast: My own thoughts on Pires Investments and Tern, the marriage that failed

I am after all an expert on divorces and failed marriages. But this one failed even before the two made it to the altar as Pires Investments (PIRI) shareholders rejected an all share merger with TERN (TERN) I salute them. I look at why this deal failed, the logic behind it for Tern (TERN), viz an escape. The logic for Pires – arguably the right strategy but the wrong target – and where both go from here. I make Pires an offer it should accept if it is to consider any more M&A activity.

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183 days ago

BREAKING: [email protected] Capital Open Offer deceipt & Tradeflow shocker

As it promised, the fraud [email protected] Capital (SYME) is launching an open offer to qualifying morons, oops I meant shareholders at 0.05p to raise up to £320,855. Natch the statement contains outright deceptions and misrepresentations but also shocking news on the sub scale loss making asset manager Tradeflow. The misrepresentations first.

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183 days ago

Tom Winnifrith Bearcast - the boy who cried snake!

I refer to 5 year old Joshua and explain. Then it is onto Carnival (CCL), Guild ESports (GILD), MyHealthChecked (MHC), Red Rock Resources (RRR), Predator Oil & Gas (PRD), Parsley Box (MEAL) and S4 Capital (SFOR)

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183 days ago

Greek Hovel Summer 2022 Photo Article: The Kardamili war memorial

My late father wrote a learned article on this monument using another photo by his son. It is an interesting war memorial, erected after the two Balkan wars of 1912 and 1913. Not a lot of perople are aware of how much of what is Northern Greece today was still, in 1911, in Turkish hands. That ended after the first Balkan War. In the second war, Bulgaria – which had been part of the 1912 alliance against the Turks – declared war on its ertswhile allies, Greece and Serbia, and lost territory as a result. Modern Greece is very largely a result of those wars.

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183 days ago

Video: We’re Heading for a Bear Market Unlike Any Seen Before

After 40 years in the markets Jim Welsh combines charting ( i.e. believing in gibberish) with fundamentral analysis. I forgive his youthful naivete.

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183 days ago

Caption contest: What does a fat cat bankster do while mug investors count their losses on his small cap clients?

As you sweat in your place of work trying to earn an honest crust, think of the banksters who list so many crap AIM and Standard Listed stocks for you to lose money on. What are they doing today? It seems that at least one has now decided what sort of champagne to swill and as he rests at his luxury Cornish second home, Mr Andrew Monk of VSA Resoiurces has time on his hands and tweets of his arduous day ahead.

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183 days ago

Audioboom share dealing scandal emerges, it's colourful Robert Bonnier again

Dramatis Personae: The Mail on Sunday, a low grade rag whose financial pages ramp any scam going in return for scoops ( see Neil Woodford), Ben Harrington, a “journalist” close to fraudsters like Rob Terry and other colourful characters who will publish stories that suit the fraudsters and colourful characters which may or may not be true, Audioboom (BOOM) a grossly overvalued and overhyped tech play – see HERE – and Robert Bonnier a speculator whose share dealings have been a source of controversy for 23 years (see HERE). Today Audioboom served up shocking news.

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183 days ago

What is distracting brothel visiting Sir Martin Sorrell to take his eye off the ball so badly?

Sacked from his last job as the boss of WPP (WPP) for allegedly visiting a £300 an hour West End brothel and sticking the tab on expenses, Sor Martin Sorrell’s new venture S4Capital (SFOR) has been doing very well until today’s shock profits warning. But it is the nature of the admission that really horrifies me.

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183 days ago

Tom Winnifrith Bearcast: Communicating with Amit, O'Hara and a man in a Paddington Dungeon

I end with a few thoughts onb your fires back in Blighty and the relative lack of fires here in Greece and what it says about the global warming scam some folks are pushing. Then dividends, ADVFN (AFN) and Royal Mail Group (RMG). Then Morses Club (MCL) and Optibiotix (OPTI). And I admit to being bored with gold. What does that tell you as I am a real gold bull?

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185 days ago

Video: Bubbles always implode

Author David Hay is plugging a new book, “Bubble 3.0” which is a warning about the problems inherent in the financial system. He says that the Fed is the main culprit for bubble creation, and such bubbles always get wrecked. The Fed has kept rates at great depression levels despite reasonable economic activity and that, Hay argues, is plain daft.

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185 days ago

Genflow – directors buy small but who is selling?

Almost 20% of the equity in Standard listed outfit Genflow Biosciences (GENF) is meant to be owned by convicted pump and dump fraudster Ron Bauer, a man currently facing 10 fresh charges and 85 years in jail when found guilty, and his “known associate” Adrian Beeston.  I say “meant to be”.

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185 days ago

Tom Winnifrith Bearcast: The scallywags linked to Audioboom

In today’s podcast I look at Audioboom (BOOM) where we bears are being well and truly vindicated. Then at the fraud [email protected] Capital (SYME) and finally at Made.com (MADE) which I expect to go bust by Christmas. 

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185 days ago

Made.com – if this is strategic progress I am a flower pot called Harriet

Before I turn to one of the most disastrous of the IPO’s of the class of 2021, which has more catastrophic news today, I bring you a snippet from a US survey of consumer behaviour. If you do not think the same trends are happening in the UK you are naïve.

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185 days ago

BREAKING EXPOSE: Alpha Growth – the dodgy Prospectus and the non-compliant financial statements

Shareprophets has previously raised criticism of Alpha Growth’s (ALGW) accounting high jinks  HERE. But it gets worse. Far worse. And once again it is PKF Littlejohn as auditors which is enabling this travesty of accounting propriety.

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185 days ago

You think the 2022 two day heatwave was bad and worse is to come – so when did global warming start?

The Met Office and the BBC and the rest of the liberal intelligentsia really are creaming themselves over the two day heatwave back in Airstrip One. Okay there were not quite 10,000 excess deaths in fact there were sod all excess deaths but that was probably down to mask wearing and the mass rollout of untested vaccines. So when did global warming start in the UK?

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186 days ago

Tom Winnifrith Bearcast: Pineapple Power is a total fecking disgrace & one for fruitcakes only

In today’s Bearcast I reflect on why it is important to report Eight Capital Partners (ECP) but, more importantly PKF Littlejohn, to the FRC as I have done today. I look at why I don’t look at Direct Line Insurance (DLG), then consider Tortilla Mexican Grill (MEX) but in the same vein Fevertree (FEVR), Cineworld (CINE), Music Magpie (MMAG) and Parsley Box (MEAL). Then I look at Anglesey Mining (AYM) with a hisory lesson stretching back to 4000 BC and words of warning to suckers who may fancy a dabble. Then it is onto the disgrace that is Pineapple Power (PNPL) and all the rogues associated with this shocking promote.

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186 days ago

Formal Request to FRC to investigate Zahir Khaki, PKF Littlejohn & Eight Capital Partners

Following my expose of the amateur and rule breaking accounts of Eight Capital Partners (ECP), the bastard little brother of the [email protected] Capital (SYME) fraud, I have written to my good pals at the Financial Reporting Council asking for a formal investigation into Eight and its auditors PKF LittleJohn and audit partner Zahir Khaki. The letter is below:

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186 days ago

Tortilla Mexican Grill – The Times they are a changing ( and not for the better)

An upbeat trading statement from Tortilla Mexican Grill (MEX) tries to paint a bright picture for this member of the shamed IPOs class of 2021 – listing at 180p on October 8 with founders dumping £23 million of stock, share price today 125p. But buried deep in the release is a clear warning of troubles ahead.

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186 days ago

Tom Winnifrith Bearcast: what should I say to new ADVFN supremo Yair Tauman next week?

The Mrs arrives in a few hours so I record early so that Joshua and I can tidy up the hovel and car in order to ensure a harmonius reunion. I am sure all men know how I feel when your other half has spent a few daysd away from home allowing you to make the sort of mess only men can make. In the week coming up I shall be chatting to Yair Tauman the new supreme ruler of ADVFN (AFN) about various matters but mainly about how the sewer that is the ADVFN Bulletin Board can be improved. I share my views with you, noting some recent extraordinary market abuse on the Optibiotix (OPTI) thread, but also invite you to post your views in the comments section below and, as long as they make sense, I shall relay them to Yair.

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187 days ago

Private & Confidential Letter in full: Harcus Parker updates on claims against Neil Woodford's ACD Link

In its latest letter to those conned by Neil Woodford which is strictly priovate and confidential sdo I have published in full below, law firm Harcus Parker explians how things are now hotting up with more than a thousand claims now submitted, what its case is and what wreteched defence Link is trying to use. As this heads towards court it seems that Neil Woodford’s threatened comeback is stalling. I can’t think why! Link may be the defendent but it is Woodford’s skulduggery, deceipt and incompetence which will be exposed in Court. Enjoy.  

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187 days ago

Photo article from the Greek Hovel - a stunning cicada on my knee

The noise the cicadas make from dawn to dusk is almost deafening. Although right now, at 11.48 PM it is loud music from my nearest neighbour a mile across the valley up higher into the mountains, that is keeping me awake. Charon, my neighbour, is no beauty. The little cicada below, sitting on my knee, and to give you an idea of its size, on my boot, is stunning. 

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187 days ago

Richard Jennings vs Ironveld, the Align boss hits back at bullying toff value destroyers and suggests he may sue

It is quite clear that Ironveld Resources (IRON) is a serially underperforming AIM dog and that its management should be held to account. Since Giles Clarke took the helm its shares have plunged from 4.5p to just 0.35p.  But Giles is a top fellow who went to Rugby School, then Oxford and was head of the England and Wales Cricket Board so we are not allowed to say what a crap job he is doing and how he should never be allowed to run an AIM company again. Clarke is a jolly fine fellow and anyone who says otherwise is just a smelly oik. Step forward professional northerner Richard Jennings.

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187 days ago

Tom Winnifrith Photo Bearcast: Fevertree and its endangered dividend & bashing the City establishment

I start with some advice from Greece on coping with the heatwave. Then it is Jennings versus Ironveld (IRON) and why – in this case - you really should back Jennings. Finally re Fevertree (FEVR) what do you make of the photo below? And why its dividend should be chopped. And why it is still a short whatever PL suggests.

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187 days ago

Tom Winnifrith Bearcast: falling for a £49 covid test scam

Yes I fell for this scam sponsiored by the British and French Governments ands I mention this in the context of folks getting, wrongly, excited by news today from Novacyt (NCYT). Make no mistake: the covid testing bubble is over. I discuss Fevertree (FEVR) where I predict two more profits warnings – stay short. And then on the vicious attack on Richard Jennings by Ironveld (IRON). Jennings is a litigious fellow so may well be talking to his lawyer. I wouldn’t bother myself but cant think that Ironveld’s board is doing itself any favours with such antics. 

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187 days ago

Cenkos & Bidstack: Dishonesty or incompetence?

Broker Cenkos released a note on Bidstack (BIDS) on Tuesday which is terribly bullish and enthusiastic and appears to have encouraged the morons.  But the research is either dishonest or incompetent. I suggest the former.

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187 days ago

Fevertree warns – told y’all, worse still to come

Lucian Miers and I both warned that this would happen as, I think, did the Dark Destroyer Matt Earl. Chris Bailey is a non-drinker and disagreed. Never trust a non-drinker, as my pal Evil Knievil (not a non-drinker) would say. On 19 May Fevertree (FEVR) told us to expect flat FY EBITDA of £63 million to £66 million. Today, less than two months later…..

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188 days ago

[email protected] Capital – is CEO Alessandro Zamboni about to be forced to reveal a big share dump TWO YEARS AGO?

On 29 July 2020 the fraud [email protected] Capital (SYME) announced a loan transaction involving 5.89 billion shares as follows in an RNS:

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188 days ago

Winnifrith Vindicated yet again, Petropavlovsk – The fat Lady to sing on Monday

Petropavlovsk (POG) was obviously aware that I was driving across France on Tuesday and distracted by the most stressful of episodes, as it took the chance to suspend its shares and say that it would appoint administrators while I was distracted. Today it said that the hearing in the Courts to settle the administration is scheduled for Monday. As the fat lady warms up there are three key takeaways from someone who predicted this on March 4 HERE.

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188 days ago

DETAILED EXPOSE: Eight Capital Partners – the bastard little brother of the fraud [email protected] Capital – accounting howlers exposed

Oh dear, oh dear. This should be another massive red flag for the morons who own shares in the [email protected] Capital (SYME) fraud to ignore. It will also prompt a formal complaint to the FRC about auditors PKF Littlejohn and Eight itself.

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188 days ago

Tom Winnifrith Photo Bearcast: the most stressful 30 minutes I can remember & the 2 French Lesbians on the ferry

Below, you can see two photos of the Greek Hovel, where I have now arrived. Gosh, it is wonderful here. I describe my trip, starting in Wrexham at 12:00 on Monday, and ending at 3 PM GMT today. There was a great deal of anxiety involved, including the most stressful half an hour i can remember at a toll booth near Aix. Then, there were the pretty young lesbians snuggled up on the sofa next to us, as we took the ferry from Bari. Then, it is onto IQE (IQE), MGC Pharmaceuticals (MXC) and Optibiotix (OPTI). Now for a swim; normal service resumes tomorrow.

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188 days ago

OptiBiotix Health – agreement with Firmenich, remains a Strong Buy

Writing on OptiBiotix Health (OPTI) last month with the shares at 21p to buy, we noted potential for a move into meaningful profitability and further potential from ‘second generation’ products addressing much larger market opportunities. We drank our own medicine with Tom buying more shares at 22p. The shares are now further up at 31.5p on the back of a “Joint development agreement signed with Firmenich”-titled announcement.

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188 days ago

The Greek Hovel summer 2022: Visiting the new ouzerie in Kambos

It is situated on the main road about 300 yards from the main square opposite the olive press and it has drawn some custom from the main square if only because it allows smoking inside which is, of course, illegal. That, and a report that it had the best loos of any watering hole in town persuaded me to take the family.

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188 days ago

Tom Winnifrith Bearcast - Is my Mrs responsible for cracking results? But what about tomorrow?

I report to you from a Northern stronghold of Madame Le Pen, on the first day of our Greece road trip. I am up with the larks – Joshua is still snoring. I comment on life in Bethune, before looking at Pure Gold (PURE) and the justifiable indignation of Richard Jennings. Finally, I discuss Sosandar (SOS). Today’s historic results may justify an extra gallon of breakfast Prosecco for one well known share blogger, but what about the future?

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188 days ago

BRAVO: Richard Jennings defends himself and states some awkward truths about the small cap gutter and those who operate there

Bravo, Jennings. Naturally, his latest battle, this time with Ironveld (IRON), sees deluded shareholders smearing him. It is always the way, But Mr “Nobody Likes Me and I don’t care” has hit back with a remarkable statement, correcting some canards, but also lashing the Square Mile’s corruption. He is bang on the money:

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188 days ago

Video: The World in Monetary Chaos

Analyst, Lawrence Lepard, kicks off with a major mining fraud.

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188 days ago

Why, oh why, Is Ironveld turning down Richard Jennings funding offer?

The latest spat involving Richard “nobody likes me and I don’t care” Jennings of Align Research, is with AIM hound, Ironveld Resources (IRON). Inexplicably, Jennings has offered Ironveld money at 1p. Even more inexplicably, Ironveld has said no, forgetting that beggars cannot be choosers. Jennings has fired off the letter below, which is, as you’d expect, forthright and menacing.

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188 days ago

Video: Sky-High Unemployment Could Cause the Fed to Pivot

Certain readers of this website (naming no names, PL) reckon that, to make money, we should follow the inbred public school twits of the fund management community. Au contraire.

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188 days ago

How sad, Stonewall campaigners are now child abusers

Once upon a time Stonewall was a great charity fighting the good fight for equality for the LGB community. But that battle is now won. So in order to justify the fat cat salaries its staffers enjoy it needs to find new battles and, I am afraid to say, that seems to mean bad ones. The tweet below can only be described as child abuse.

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188 days ago

Tom Winnifrith Bearcast – Back at 3.30 AM from the Northern Ireland game

I share a few thoughts with you – truths one cannot say in public – about the game last night. Notwithstanding that, I enjoyed the match, and the Northern Ireland girls held their heads up. Then, I discuss Canadian Overseas Petroleum (COPL), explaining my Christmas sub-10p target – the shares really will halve from here. I look at Shield Therapeutics (STX), MGC Pharmaceuticals (MXC), and Science in Sport (SIS) which, at every level, looks a stinker – even after today’s 22% fall, the shares are grotesquely overvalued. I explain why. Finally, I describe why Malcolm should have learned from IQE (IQE) before continuing to tip Zoo Digital (ZOO) - as he has again done, today.

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189 days ago

Tom Winnifrith Bearcast: Off to Greece today

I passed my covid test, enjoyed a wonderful christening for Jaya (photos another day), and am off to Greece at Noon. God willing, I arrive at the hovel about midday on Thursday GMT. So, my output may be limited until then. Today, I discuss the read across from Cellular Goods (CBX), and why news from Hydrogen Utopia (HUI) reinforces what a monumental slam-dunk sell Powerhouse Energy (PHE) is.

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189 days ago

Cellular Goods – does it think we're mad?

As the David Beckham-backed/hyped CBD play, Cellular Goods (CBX), lurches ever closer to a deeply discounted fundraise, it is keen to ramp the shares. Does it think that we’re mad?

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189 days ago

Tom Winnifrith Bearcast: Malcolm becomes a bear - I am tempted to become a bull

I start with the weekend: a pointless covid test, Jaya’s christening and a possible road trip to Greece. Then, I discuss Malcolm Stacey’s Damascene Conversion to the bear cause, which makes me think that I should become a bull.

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189 days ago

Photo Article from the Welsh Hovel - those long promised garden shots

I hear that there was a near biblical deluge yesterday and it looks like there is plenty of rain ahead back at the Welsh hovel. And I have a couple of assistants going in to water both the garden and the big lawn so I hope I shall return to something in good shape. As long promised, here is what I have turned the jungle into. The project is far from finished but its no longer a jungle.

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189 days ago

H&T Group – positive trading update and acquisition

H&T Group (HAT), the UK’s largest pawnbroker and a leading retailer of new and pre-owned jewellery and watches, has announced a half-year trading update and an acquisition.

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189 days ago

Video: The Pain for Equities Isn’t Over

If you think that the worst for shares is over, think again, says analyst Chase Taylor

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189 days ago

MGC Pharmaceuticals – the share price is telling: this is an attempted ramp before a Mitchell Brothers discounted placing

MGC Pharmaceuticals (MXC) is drowning in red flags, as I exposed HERE. Moreover, it is almost out of cash, as I noted HERE. Hence, it has today announced the seventh ramptastic RNS since May 27. Seven in six weeks is pretty good going, but the recent share slump – 2.25p six months ago, to 1.1p on May 27, to just 0.975p today – is even more telling.

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189 days ago

Love Hemp – which Aquis adviser will act for this one?

The aquis-listed pot play, Love Hemp (LIFE) - backed by boxer, Anthony Joshua – committed fraud in February of this year. Its adviser, Peterhouse, rightly quit, leaving the shares suspended. Today, Love has reshuffled the corporate deckchairs and is talking to a new advisor, so people can trade its shares again. Which advisor is so bent that it will act for a demonstrable fraud?

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190 days ago

Photo Article from a Greek car - we're going on a fig hunt Daddy

Almost the first thing Joshua and I did as we approached Kambos nine day ago was to check out a fig tree as my son just loves figs. Sadly none were ripe but, much to the annoyance of the Mrs , as we drive around the area, anytime we spot a fig tree somewhere where it is not too dangerous to pull over, I stop and check out its fruit.

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190 days ago

The Chancellor Nadhim Zahawi tries to bully journalists into not discussing his very "interesting" tax minimisation - bully boy letters in full

https://www.taxpolicy.org.uk/2022/07/22/letters/

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192 days ago

Shield Therapeutics – how utterly screwed it is

The first cut is the least painful. That is to say, selling when it is clear a company is fecked, is less painful than waiting to sell in such circumstances. The document today published by Shield (STX) shows just how fecked it is.

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192 days ago

Essentra – Packaging business sale agreement a “significant step” for the future?

Essentra (ESNT) has announced what it emphasises is “a significant step” to a future as a global leading manufacturer and distributor of components with a clear strategy and significant opportunities to accelerate growth and expand market share. This is with an agreed sale of its Packaging business.

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192 days ago

German TV then and now - how the mainstream media pushes a false narrative on global warming

With a hat tip to James Melville consider the screenshots below from German TV five years apart discussing summer weather. Then pen a short essay on how the MSM conspires to fan the flames of the false climate emergency narrative, or if you want to pass Geography GCSE at St Greta’s academy, say what brilliant journalism the Krauts are serving up.

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194 days ago

How Green was my Valley? Solar Panels Subsidized By California Are Winding Up In Landfills, Contaminating Groundwater With Toxic Metals - ZH

https://www.zerohedge.com/markets/solar-panels-subsidized-california-are-winding-landfills-potentially-contaminating

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195 days ago

Photo Article - the Christening of my daughter Jaya

The day before Joshua and I started the drive to Greece was the Christening of my daughter Jaya in the small Methodist chapel where the Mrs and Joshua worship every Sunday. With my cousin Alex Booker among the three Godparents, alongside my wife’s oldest friend and local earth mum C, it was a splendid day as 40 folks packed into the chapel. Afterwards we headed back to the hovel for Indian main courses prepared by “chef Vijay” who also catered for our wedding nine years ago. And thereafter a selection of my ice creams which received rave reviews.

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196 days ago

It's getting so hot out there... a doctor warns British women what NOT to do

It touched 40 yesterday in Kalamata, here in Greece and it will be hotter for days and days as we get into August. Nobody panics, life goes on, there are no meetings of Greece’s equivalent of COBRA but back in Blighty it seems as if the country is collapsing thanks to its two day heatwave. Thanks to the Daily Star I bring advice from a medic for my female readers on how NOT to react. A doctor has warned…

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196 days ago

Tom Winnifrith Bearcast: Finncrap research note - another reason for Her Smugness to quit

Ahead of my trip to Southampton, I discuss today’s hilarious FinnCrap note on its client, Argo Blockchain (ARB) and Novacyt (NCYT), which is now worth less than net cash. I explain why. Then, it is onto Zoo Digital (ZOO): was the old codger, Malcolm Stacey, right to be so bullish? Er… no.

 
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196 days ago

Argo Blockchain – the scale of its cash crisis starts to emerge

June’s operational update is truly shocking, and another red flag for the Argo Blockchain (ARB) collection. Natch, with Peter Wall in charge, the statement is disingenuous.

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196 days ago

Bidstack – can a moron do maths, after dire trading statement? It appears not.

Sales are vanity, profits come down to opinion. Cash, however, is a matter of fact. In that vein, one wonders if, after today’s dismal trading statement, Bidstack’s (BIDS) moronic shareholders can do basic maths. If they can, they will sell their shares first thing.

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196 days ago

Why Smug Sam Smith quit as FinnCap CEO - nothing to do with leg over, Peel Hunt warns

The notion that Sam Smith quit in order to get her leg over, is this morning blown out of the water by a Peel Hunt AGM warning. If Peel is getting battered, how do you think its notably inferior rival, FinnCap, is doing? When is your warning, your smugness? With results in the next couple of weeks, I suggest.

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196 days ago

ProCook – why on earth pay a dividend? Reckless folly!

Results for the year to April 3 2022 – out today from Procook (PROC) – were made irrelevant when, on 10 June this year, the company issued a dire profits warning.  But for what it’s worth, the results are shite.

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197 days ago

Waking up with a pain in my ankle – thanks again Warwick bloody school: where do we stand on its historic sexual abuse?

45 years ago I was pushed back into that freezing outdoor pool at Warwick School behind the “new gym” as I tried to haul myself out. There was no real malice by the three boys who did it (Petley R, Townsend & Moffatt A) but what happened was part of a culture of bullying which teachers just overlooked. Moffat A was, in particular, a real bully in my years in the junior school. Both his parents taught there and so that was just part of life, part of what made Warwick such an appalling place. On this occassion, my ankle caught between the iron bar that went around the pool and the edge of the pool. As I struggled for breath the ankle became horribly twisted. I could not walk for many weeks. It has never fully recovered.

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197 days ago

Photo Article from the Greek Hovel - beat this sunset

After an early evening swim with Joshua I sat on the balcony at the front of the house and this is the view as the sun went down. Beat that…

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199 days ago

Tom Winnifrith Bearcast: Malcom is wrong, as Tesco dumps Whiskas

I start with the fate of PM BlowJo. He is toast, but it does not matter: nothing will change, whoever fills his shoes. Then, it is onto Tesco ditching Whiskas. Our cats are already on Tesco’s own brand, supplemented by the local wildlife – but what does this say about inflation and corporate earnings? After that, I discuss Malcolm Stacey, and why he is so wrong on Zoo Digital (ZOO). Finally, I look at Cineworld (CINE) and AO World (AO.). The former stays silent on the big issue, and is a 2022 zero. The latter has 21 months until the Fat Lady’s performance, notwithstanding today’s fundraise.

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199 days ago

AO World – £40m Placing and Primary Bid offer – thanks, but no thanks

Having insisted that it was on track to hit forecasts (which included an improved cash position), AO World (AO.) has today announced a £40 million institutional book build and Primary Bid Offer, at 43p – last night, the shares were 47p. So, should you consider an investment? Er…no.

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199 days ago

Predator’s Lonny Baumgardner misleads investors, as he unleashes Twitter diarrhoea

The shameless ramper is at it again. Yesterday, the boss of Predator Oil & Gas (PRD) unleashed a Twitter volley, as shown below. The last tweet is, arguably, the sort of material that should be left for an RNS. This is a massive red flag, especially when Lonny is actively deceiving. I underline one tweet that is simply not true.

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199 days ago

Tom Winnifrith Bearcast: Will Lucian Miers survive Thursday Night?

As a Scottish Catholic, Lucian Miers will support Norway this Thursday. I think this is unwise, as we are sitting amongst the Northern Ireland supporters. I’ll have to explain to fellow members of the GAWA that Lucian is a Fenian, hence his sudden love-in with the land of Quisling. On shares, I look at Edenville Energy (EDL) and its new board member, Paul Ryan (remember him?). Then, I discuss Central Copper Resources, Cineworld (CINE), and Purplebricks (PURP), which, ceteris paribus, will go bust in a year.

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199 days ago

Ben’s Creek: What’s the Story, Margin glory (Not)

Oh, what a roue is that John Story. Breaking lock-ins at Cellular Goods (CBX). Consequently fired from Escape Hunt (ESC). Pumping the Chill Brands fraud with podcast lies, and subsequently engaging with Seth Freedman, of Harvey Weinstein infamy, to harass and menace me. Now, we turn to Ben’s Creek (BEN), the coal promote of disgraced Adam Wilson.

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209 days ago

AO World tries to reassure but fails – keep shorting

Yesterday there were press reports  that third party credit insurers who provide credit insurance had tightened their terms which would lead to suppliers demanding cash sooner from AO World (AO.). Today the company served to clarify the position but seems to have calmed few nerves, if any at all.

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209 days ago

BREAKING Cineworld breaches banking covenants but is only telling some folks

Whilst, downing in debt, Cineworld (CINE) has not made a formal announcement, its in house IR clown appears to be happy to confirm by email that:

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209 days ago

Finally the FCA boots Umuthi off the Standard List but is understandably shy as to why, given its own failure to stop this fraud

Finally, a year after its shares were suspended for the second and final time just a few months after its IPO, South African fraud Umuthi (UHS) has been booted off the Standard List by the wretched and useless poltroons at the FCA. The regulator is rather coy as to what is going on, perhaps because of its own incompetence in admitting this POS to the market in the first place.

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209 days ago

The real reason Smug Sam Smith quit as FinnCap CEO was to get her end away...whatever

Pass the sick bag. You might think that Sam Smith opted to quit as boss of FinnCap (FCAP) the other day was because in the three and a half years since its IPO the shares have slumped by a third despite City advisers hauling in record fees for the past two years. But as the bear market growls it is a matter of when, not if, FinnCrap serves up a dire profits warning so it is better to walk now before the merde really hits the proverbial. But today’s Femail section of the appalling Daily Mail suggests there is a lot more to the story. For starters did you know that the firm Sam started was in the the FTSE 100?

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209 days ago

Video: Central Banks Admit They have Lost Control of Inflation - gold should be at $3,000 oz

Analyst Jaime Carrasco says that he predicted inflation as the marginal usefulness of excessive debt has declined. He says that there is plenty of evidence from our debt-based system that a currency reset is coming; Governments taking on the debts of banks was evidence that some sort of currency reset is in the cards. Global trade patterns are rapidly shifting, and gold is part of that equation.

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209 days ago

Tom Winnifrith Bearcast: Dumb & Dumber Britain, Blowjo edition

I start with two examples of utter stupidity from the man known as BlowJo. Then on how Big Corporate is rallying round Halifax and its woke hectoring of its customers. Then onto Nanosynth (NNN) were the share price target is now a fall of 80-00% and Valereum (VLRM), the Richard Poulden NFT ramp where I predict a share price collapse within weeks.

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210 days ago

Tom Winnifrith Bearcast: the spiral of death when stakeholders smell a cash crisis – ref AO World

I start with explosions here at the Hovel in Wales and how Bearcast listener G cannot assist. Talking of explosions I comment on IRA loving cottage burners in a Welsh independence march I went on yesterday with the kids HERE. With hindsight I’d rather have attended the Pride March. Well maybe not. It is a marginal call. Then it is onto SPACs and the schoolboy error of Wildcat Petroleum (WCAT). Finally AO World (AO) which looks screwed. I describe how rational behaviour by four groups of stakeholders will ensure a cash struggling company goes down.]

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210 days ago

Eurasia Mining shares still sliding – 2 questions it MUST answer now

On 4 December 2020 shares in Russia PGM promote Eurasia Mining (LSE:EUA) hit 40.55p and morons across the interweb, spurred on by fraudulent paid for research and also by blatant market abuse by Good Germans, pondered what colours their fleets of Ferraris would be painted. Today the shares are just 5p after dire finals earlier this week. There are two big questions Eurasia needs to answer:

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210 days ago

Tom Winnifrith Bearcast: The best time to kick a man is when he is down - Shield and Cineworld

I start with a few family reflections on my family and World War One. Then it is onto Optibiotix (OPTI) and misguided suggestions that regime change is needed. Finally I reflect on Evil Knievil’s catch phrase with reference to Cineworld (CINE) but more especially Shield Therapeutics (STX)

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210 days ago

Video: This Recession is Already in Motion

Analyst, Lior Gantz, warns that we are already in a recession, and things will get worse.

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210 days ago

Tom Winnifrith Bearcast: arguing with Steve O'Hara, as we miss out on Darren the Leatherman and Lucian the cowboy

I apologise for ShareProphets’s lack of Pride celebrations, unlike the big corporates. Next year. Or maybe not. Then, it is on to my argument with Steve O’Hara at Optibiotix (OPTI). I do not regret buying more shares, but I am, nevertheless, cross. I explain this, before looking at Dev Clever (DEV) and something very fishy indeed. After that, I discuss Ben’s Creek (BEN), the Adam Wilson CV and why this will all end in tears. Finally, an IPO: Alteration Earth (ALTE), and why you should avoid it like the plague.

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210 days ago

BREAKING: What is David Beckham hiding?

Yesterday, we learned that David Gardener had left the board of struggling Guild ESports (GILD), where David Beckham’s DB Ventures is set to earn £14 million. DB invested just £250,000 in Guild – a “mates rate” price – as it signed the £14 million deal.

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210 days ago

Asimilar Interims – red flags, dubious claims, a cash crisis and unanswered questions

As a long-term bear, yesterday’s interims only confirmed my belief that Asimilar (ASLR) will collapse. Emailed questions go unanswered, so perhaps readers can assist.

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210 days ago

Video of a "Work" day at LinkedIn - is the "new economy" sustainable?

LinkedIn is owned by Microsoft so will not go bust and is not shortable. But the video of a day of work for a 22 year old employee would, in a listed company, make bears salivate. No doubt this bird earns way more than me with her zero years real life experience post her liberal arts degree. But just how does she contribute to the top or bottom line? I sense that all to many new economy companies are run this way, sustained by bull market easy money. I have seen this before in the dotcom boom.

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210 days ago

Blue Star Capital interims – it doesn't make sense

Previously, I identified this minnow as a dog drowning in red flags. Today, Blue Star Capital (BLU) has served up its interims which, as reader A kindly explains, make no sense at all.

 
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211 days ago

Tom Winnifrith Podcast: Joshua, Jaya and I march for an Independent Wales

I wore an Irish rugby shirt, in case they thought I was English. Their xenophobia was matched only by their economic illiteracy, as we were graced with a video message from blood-soaked IRA Sinn Fein. Those at the March have passion on their side, but few fact-based arguments – however much they pretend otherwise. The march, and my two Welsh kids, are pictured below. (For the record, I still want Welsh independence).

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212 days ago

Photo Article from the Welsh Hovel - Gooseberry jam

Those attending ShareStock will enjoy a full range of homemade jams, alongside breakfast croissants and tea-time scones. First up is the gooseberry jam, made with dessert gooseberries. There may be another pot to come, but for now, that is it. Next up, blackcurrant and strawberry jams.

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212 days ago

Tom Winnifrith Bearcast: V is for Vindication (Kefi, Verditek, Shield and the list today goes on and on)

In today’s podcast I look at Optibiotix (OPTI) where I bought more shares today, Kefi Gold & Copper (Kefi), Guild ESports (GILD) asking if it and David Beckham are breaking up, Nanosynth (NNN), the shysters at Verditek (VDTK) and Shield Therapeutics (STX). It is definately ouzo, or rather elderflower champagne, for supper tonight.

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212 days ago

Verditek – that ol’ contract win spoof works again – bailout placing achieved

Just how many times will mug punters fall for this spoofing?  Last Thursday shares in Verditek (VDTK) traded at 1.3p. On Friday they soared to 1.6p. On Monday there was a contract announced and they roofed it to 2.5p. Today…

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212 days ago

EXPOSE: [email protected] Capital - the state of its cash crisis

Today the fraud [email protected] Capital (SYME) will hold its Annual General Meeting which amongst other things will authorise an increase in its authorised share capital so that it can issue additional shares to Venus Capital under the death spiral and issue shares to vendors of Tradeflow Capital to settle the deferred consideration.

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212 days ago

100% Vindication for @TomWinnifrith: Shield Therapeutics admits to failed $30m placing, gets bailout loan but will still be bust by Christmas

Oh dear, oh dear, this is truly awful and explains why results which normally come out late April came out on deadline day today. Shield Therapeutics (STX) is in a mess as I warned so often. Ouzo for me. Cabbage water for those who ignored my explicit warnings and trolled and abused me instead.

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212 days ago

Tom Winnifrith Bearcast: More Marginitis for proven liar John Story? Is he up the Ben's Creek without a paddle?

In today’s podcast I look at Eurasia Mining (EUA), Powerhouse Energy (PHE), Shield Therapeutics (STX), Simec Atlantic (SAE) and Ben’s Creek (BEN) and John Story of Chill Brands (CHLL) and Cellular Goods (CBX) infamy.

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212 days ago

Photo article from the Welsh Hovel: First potatoes

Okay, not a cracking yield. When your potatoes start flowering, you should – I am told – take a look beneath the soil. So I did. These are the yields from two plants. It was enough to eat roasted with a chicken, along with homegrown broad beans, courgettes and a lettuce salad. Fear not, if you worry we’ll run out. These are two plants from some 25 in tranche one. Tranche two will be hilled for a second time, and should be ready in August, while Tranche three was planted last week.

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213 days ago

Eurasia Mining FY Results, ACF Research and rank dishonesty

I shall serve up a more detailed comment on the piss poor full year numbers from Eurasia Mining (EUA) later but it is worth flagging up for Cliff Weight, the laudable ShareSoc supremo, and others the matter of the paid for research published on Eurasia by ACF Research in February 2020.

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213 days ago

Feck you Lloyds - you don't want customers like me and 90% of the rest of the population

The tweet below was sent by Halifax, part of the Lloyds (LLOY) banking group. Folks who responded that this was all woke nonsense were told by the Halifax twitter account to take their business elsewhere. And they will. “Get woke, go broke.”

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213 days ago

Video: UK Oil & Gas AGM disrupted by fit, if utterly deluded, birds & other eco loons

The Eco loons vs Lyin’ Steve Sanderson and Uk Oil & Gas (UKOG), it is hard to know which team to cheer for. You kind of want both to lose. The protestors at yesterday’s AGM seem to think banners are more efffective if upside down. As the burly UK staffer tries to remove a prostesting bird he is desparate not to use his hands less she screams #MeToo.  How entertaining.

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213 days ago

DS Smith – full-year results, ‘building on the momentum’

Packaging company DS Smith (SMDS) has announced results for its year ended 30th April 2022, with it emphasising “a strong improvement in profitability and high cash generation… The new financial year has started well, building on the momentum”. This sounds good.

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213 days ago

[email protected] Capital hook up with China NFT blockchain play – small beer and gobbledygook

How to cram as many buzzwords as possible into an RNS in order to excite moronic investors so as to assist your death spiral provider dump shares:  a lesson from the fraud [email protected] Capital (SYME).

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213 days ago

Tom Winnifrith Bearcast: Cliff Weight of ShareSoc, the High Class Eastern European hooker, Mark Slater & our bet

I am not suggesting anything inappropriate just making an analogy as I discuss Zephyr Energy (ZPHR). I then discuss Optibiotix (OPTI) and a chat with Steve O’Hara. If you want to spend a day with Steve over all day drink and home produced Welsh food you can of course do so HERE where, I am happy to say, that almost a third of the seats are already booked out. Then it is onto Oxford Biodynamics (OBD) and Shield Therapeutics (STX) – will its placing be at 5p or not at all?.  Then onto Pennon (PNN), sewage and Feargal Sharkey. Finally Abingdon Diagnostics (ABDX) where good news today has seen the shares rocket but that only postpones the next bailout placing ( or death) until Advent.

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213 days ago

Tom Winnifrith Bonus Bearcast - A DDDD Expose and another thought on the fallen star of the AIM Sewer

I explain again why Gary is wrong on that interview and suggest that unlessyou have been a CEO of a challenged PLC – I have – you don’t appreciate the bind the 4d Pharma (DDDD) board was in. Then the expose, another financing blunder, an offer rejected and why that decision caused investors to lose everything.

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213 days ago

Powerhouse – can anyone explain what is the USP of its unproven tech is now? HUI goes Dutch

On a day when Ceres Power (CWP) hooked up with Shell and promised to spend £100 million on its tech which will produce Hydrogen from waste far more cheaply than anyone else on this planet I ask someone, anyone, to explain why Powerhouse Energy (PHE) is not pointless as its bastard offspring Hydrogen Utopia (HUI) goes Dutch.

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213 days ago

Tom Winnifrith Bearcast: Kefi, Kefi, bloody Kefi

The Mrs was in the room next door so I had to be upfront with you and list the sort of things I normally say but could not do today. Then it is onto Kefi Copper & Gold (KEFI) and some comments about its behaviour today but also a plan B not that I expect it to be needed. Then Caspian Sunrise (CASP), Verditek (VDTK), Petropavlovsk (POG ) looking like a bang on zero – and Wildcat Petroleum (WCAT) which is not much better.  

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213 days ago

Can David Lenigas read a balance sheet or doesn't the fat Aussie spiv care?

If I have suggested that Mr David Lenigas was a National Treasure and Britain’s most talented objective analyst of small cap shares, rather than a fat Aussie spiv and shameless promoter of penny share dross, I must apologise. Not to Big Dave but to you dear reader.

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213 days ago

Versarien – do a google search and its latest spoof unravels in seconds

With Versarien (VRS) the key point to remember is its own admission that it needs to do a bailout placing within the next ten months ( and probably much sooner) or it will go bust. In that vein, its latest RNS Reach is a spoof and one that unravels in seconds if you do a google search.

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213 days ago

Photo Article from the Welsh Hovel - missing death by minutes

Much to my surprise, all 12 tomato seeds have taken. Thus, I worked late into the night on a small patch of the jungle, bringing it into life as a tomato bed. In addition to the ten plants I was given by a friend, I hope to be drowning in tomatoes by autumn. We shall see. It was about nine when I finished. I leant on my rake, pondering the last roped-off patc

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214 days ago

Tom Winnifrith Bearcast - in defence of Neil Woodford

I start with the garden, before explaining why I am driving all the way to Greece – my rational decision is a canary in the coal mine of global inflation. I defend Neil Woodford against a low-grade Sunday Times journalist, with reference to 4D Pharma (DDDD). Then, I look at bonkers house prices and when the tears will start.

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214 days ago

Severfield – full-year results, a clear trading resilience: Buy

Structural steel company, Severfield (SFR), has announced results for the year ended 26th March 2022. Its growth strategy, the company claims, is delivering a record order book, with a broad diversity of sectors, geographies and clients, providing good earnings visibility through 2023 and beyond.

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214 days ago

Tom Winnifrith Bearcast: the shock 6.22 PM death of 4D Pharma - lessons everyone can learn

At 6.22 PM yesterday evening, 4D Pharma announced the reason for its “temporary” share suspension. It wasn’t a messy and discounted placing, as I suggested here, but administration. Shareholders will, I fear, lose everything. I discuss who is to blame, what can be done (nothing) and the read-across to a raft of other stocks that could go the same way, including Shield Therapeutics (STX), Cineworld (CINE), Petropavlovsk (POG), Verditek (VDTK) and more.

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214 days ago

It is time to take down the Pride Flag - Brendan O'Neill

https://www.spiked-online.com/2022/06/28/its-time-to-take-down-the-pride-flag/

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214 days ago

Tom Winnifrith Postcard: The stench of lies - the war in Ukraine is not in my name

First off, I am not a Putin apologist. That I must stress this, is a sign of the Group Think at play. I walk through the rewriting of history from World War Two to 2014, addressing the catalogue of lies we are fed by the political and media classes. It is not in my name. We must all consider the facts, and stand up to this – just as we should all have done during the Covid Group Think. Those of us who did challenge that Group Think, were told we had blood on our hands. We are now vindicated - it is the Group Think leaders who should be in jail.  Before you slate me on Ukraine, listen to this podcast and consider the facts I present, not the lies you are being told.

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214 days ago

Breaking: Julie Meyer reckons she won’t serve 6 months but will make money from Farrer Case

Julie “Lingerie on Expenses” Meyer reckons that, instead of paying £200,000 to one of 36 law firms – viz, the Queen’s lawyers, Farrar & Co, as ordered by the High Court – Farrar will be paying her cash. And, as for that contempt of Court ruling and six-month stretch in Holloway - where she was slated by another judge, as she lost her appeal - well, those Brits know nothing. In a private email to investors, Ms “Sex Toy on Expenses” writes:

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215 days ago

Photo Article from the Welsh Hovel: Dessert Gooseberry Fool

I haven’t enjoyed a gooseberry fool since my mother made them, almost fifty years ago. But the dessert gooseberries are now ready, red – not green – and sweeter than ordinary gooseberries. So, I thought I might tempt Joshua, with a bit less sugar than the traditional recipe.

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215 days ago

Get Woke, Go Broke: Hollywood Is Dying And They Deserve It - ZH

https://www.zerohedge.com/political/get-woke-go-broke-hollywood-dying-and-they-deserve-it

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215 days ago

Tom Winnifrith Bearcast: Gary Newman wrong to slam DDDD for being transparent and honest ahead of bailout placing

I start with a logistics issue, which may see Matthew and his dog suffer cold turkey on bearcasts for 3 or 4 days over the summer. I am working on it. Then, to 4D Pharma (DDDD), where young Gary is wrong in condemning the company; Lamprell (LAM); and Deepverge (DVRG), where I make reference to the earlier podcast special. 

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215 days ago

B.P. Marsh and Partners – full-year results, a value Buy

B.P. Marsh & Partners (BPM), the specialist investor in early stage financial services businesses, has announced results for its year ended 31st January 2022, emphasising its growth trajectory despite the current “headwinds for all businesses”.

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215 days ago

[email protected] Capital – One Tradeflow Deal Does Not Change The Underlying Insolvency

Shares in the fraud, [email protected] Capital (SYME), raced ahead on news of a financially immaterial transaction. Crazy, eh? And how do we know it was immaterial?

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215 days ago

Tom Winnifrith Bonus Bearcast: Once Again, Deepverge Grotesquely Misleads Investors

Last year, AIM sewer poster boy,  Deepverge (DVRG), did a placing at 30p. It had misled investors on trading, and its ghastly CEO, Gerry “the arse” Brandon, slated me as not understanding investment. Today, the shares are 10.5p, after awful finals in which, as I explain in this bonus podcast, the company again – by omission rather than act – materially misleads investors. If you own this stock, lube up; there is more pain coming your way.

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215 days ago

Tom Winnifrith Bearcast: I should have stayed with the young mums

But instead, I left a birthday party to record this. Such dedication. I start on why Nigel’s Barkby (BARK) piece was wrong.  Then, I look at Shield Therapeutics (STX), Kefi Gold & Copper (KEFI), Naked Wine (WINE), Nostra Terra Oil & Gas (NTOG) and Trainline (TRN).

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215 days ago

SHOCKING EXPOSE: Nostra Terra – THIS is what devout Christian Matt Lofgran and Roland “fatty” Cornish hid in the FY Results

This is a disgrace and if the Oxymorons at AIM regulation “led” by the bogus Sheriff of AIM, Mr Marcus Stuttard, were not such pathetic and spineless pond life they would be banning the devout Christian Lofgran and London’s worst Nomad from playing any further part in life on the AIM sewer.

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215 days ago

ADM Energy – buried in the notes is the possibility of going bust

Full-year results from perennial AIM uber dog, ADM Energy (ADME), are – needless to say – appalling. Huge losses, cash outflows, legal battles, and three bailout placings (one post-period end); but it could get worse. Ooh, yes. The account notes warn explicitly of a hot date with the Fat Lady.

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215 days ago

Chill Brands – the scale of the domain name fraud now laid bare; it was $800,000

The Financial Reporting Council is currently investigating this deception; now, Chill Brands (CHLL) has assisted with that enquiry by fessing to the total cost of the (pointless) domain name, Chill.com – a transaction that suggests the company may soon need yet another bailout. Let me explain.

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215 days ago

Video: We are nowhere near a market bottom

Investment analyst, Ted Oakley of Oxbow Advisors, believes that in order to mitigate inflationary pressures, the Fed will push us into a recession. He explains how rising rates affect the economy, slowing the housing market. In addition, consumers are cutting back on expenses, and many will lose jobs as the economy contracts.

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215 days ago

BREAKING: Kefi loses licenses in Ethiopia, insist the BB bien-pensants - an email from 'arry Adams

A reader emails about Kefi Gold & Copper (KEFI): “you see how serious, if true, the situation is? So, don’t suppose you can get a response from HAA, since… without clarity before the markets open, shares will collapse 100%“.

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215 days ago

The US Abortion clock: shameful dishonesty from “pro choice” baby murderers

The 1973 “Roe vs Wade” ruling has been overturned which, according to the liberal media and “progressives” elsewhere, is tantamount to a ban on abortion. Of course, it is not. In honour of almost 64 million lives ended by abortion since Roe vs Wade, here are the awful facts.

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216 days ago

Tom Winnifrith Bearcast: well done, olive harvesting genius, reader B - I am sure it is a zero

It is all panic here at the Welsh Hovel, as our first Sykes Cottages guests arrive in the annexe. Next week, our first paying guest arrives at the Greek Hovel - which you can rent HERE, although it is pretty much booked out until September. I start with B, and why you need multiple accounts to short; his triumph is on Verditek (VDTK). I then cover Dev Clever (DEV), Tirupati Graphite (TGR), Audioboom (BOOM), Corcel (CRCL) and Argo Blockchain (ARB).

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216 days ago

Tirupati Graphite warning – surely a discounted placing is needed asap

Supporters argued that incompliance with listing rules was of no great import and, as the FCA agreed, perhaps they were right. Hopefully, you did not fall for that and bailed, at 115p, on my warning last August. Shares in this Optiva-promoted dog’s breakfast are now 35p. It is not what is said today, but what isn’t.

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216 days ago

Dev Clever – what on earth is going on; where are the (piss-poor) results? Is the Fat Lady booked in for September?

The company headquartered on a grim Staffordshire estate - which claims to be a “global player” – is in all sorts of trouble. Its shares remain suspended, as the FCA refuses to sign off on a deal, announced on 12 April 2021. Meanwhile, where are the (undoubtedly piss poor) numbers for year to October 31 2021? To them, first.

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216 days ago

Bidstack: how's the discounted placing, fellas?

Who claims that Bidstack (BIDS) will do a placing? Not that failed fund manager who works in a pizza store, when he isn’t fleeing justice in Greece?  On this occasion, it is not just me, but the company itself. 

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216 days ago

Tom Winnifrith Bearcast: Shield Therapeutics or Verditek - which sees a share price collapse first?

I start with my wonderful son, Joshua, losing every race at Sports Day with bravery and humour. Then, onto UK Network Agency; Innovation Agri-Tech; Eden Pharma; the wretched FCA’s failure on £65 million fraud, Appbox Media/One True View; Ocado (OCDO); Morses Club (MCL); Cake Box (CBOX) – where Steve is wrong; Verditek (VDTK); and Shield Therapeutics (STX).

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216 days ago

Verditek – statement needed ASAP: is it bust already?

Solar panel producer (if not seller), Verditek (VDTK), has eight days to release its annual results. Given revenues will be the square route of fuck all, there is no excuse for delay. But we all know the reason, and that is why the shares are sliding again today, as they did yesterday.

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216 days ago

Photo article from the Welsh Hovel - last night's homegrown supper

Okay, not entirely homegrown. But a triumph, not least in that Joshua – a picky eater – decided he now loves marrow (aka. a very big courgette, cooked like a marrow, with minced meat and cheese). Then…

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216 days ago

Tortilla Mexican Grill dumps auditor, nine months after IPO: red flag?

Tortilla Mexican Grill (MEX), the mid-market restaurant chain, has announced that just nine months after its IPO, it has dumped existing auditors, Blick Rothenburg. And after a competitive tender, it has appointed Haysmacintyre LLP as its new statutory auditor.  Odd timing: is this a red flag?

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216 days ago

Sam Smith to quit as FinnCrap CEO – a sign that the merde will soon hit the fan

Okay, Sam has a few things to be smug about. She set up FinnCap (FCAP), and 24 years later, it is an AIM-listed Nomad and broker. Furthermore, she has done it all despite – as per hundreds of sycophantic interviews – being a woman in what is largely a male-dominated world. How very ESG, la dee da dee da. But…

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216 days ago

Tom Winnifrith Bearcast: happy anniversary, Forward Partners. Not! And so much pride in Joshua ahead of sports day

He might come home with a raft of certificates for “Welsh speaker of the week”, or other such academic achievements, but Joshua is no great sportsman. Yet this afternoon, it is the school sports day, and the whole family is off to watch him. Discussing what lies ahead with him as we walked to school this morning, filled me with pride. In the main podcast, I look at Forward Partners (FWD) – another disastrous 2021 IPO; Petropavlovsk (POG), as it races to zero; Genflow Biosciences (GENF); MGC Pharmaceuticals (MXC) – placing ahoy; and Verditek (VDTK), where things could get very messy within days. Ref MXC, I discuss two historic examples of biotech’s presenting data – on AIDS “cures”, and its spoof ramp last week.

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216 days ago

David Beckham-backed pot play, Cellular Goods, launches pointless petition of the year

Nope, it doesn’t ask Cheryl Cole for a hook-up; this petition is even more pointless. Hosted on Change.Org, it was launched by cash-strapped Cellular Goods (CBX), along with seven other “leading” companies.

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216 days ago

China fraud specialist, Paul Shackleton, getting a bit forgetful; the ten-year love that dare not speak its name

After his senior role at disgraced broker, Daniel Stewart – enabling China frauds including Naibu – Paul Shackleton should have been banned from financial services. Instead, he is now earning a six-figure wedge at Peel Hunt. But the morally bankrupt bankster is getting a bit forgetful.

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216 days ago

Photo Article: The hypocrisy of virtue-signalling Glastonbury

The event was hydrocarbon-powered. Greta Thunberg, the doom goblin, flew in to address the masses as they cheered her on. Natch, they were all sitting beneath Pride banners, waving their Ukrainian flags. Below is what they left behind.

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220 days ago

Tom Winnifrith Bearcast: No No No you Bitcoin cultists! You are kidding yourselves but nobody else

I have had a few comments about yesterday’s Bearcast on the Bitcoin crash. I address some of those cultists speaking out from the last redoubt today.  Then. prompted by Three Brains, I look at what a PE of 5 means as a guide to value and why it can so often mean nothing at all.

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220 days ago

Tom Winnifrith Bearcast: Father's Day Treat tonight & not just Bitcoin crashing

Ahead of that, I describe triumph in the garden. Then, I discuss the accelerating Bitcoin crash, Argo Blockchain (ARB) and Cineworld (CINE).

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220 days ago

Bitcoin crashes to below $19,000 - Argo Blockchain should be suspended Monday Morning; it may well be bust by then

Bitcoin is crashing once again, and now trades well below $19,000. According to Peter Schiff, the charts point to $10,000 as the next stop. Therefore, shares in Argo Blockchain (ARB) should be suspended first thing Monday; here is why.

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220 days ago

Video: It’s Too Late to be Defensive

Analyst, Charles Nenner, believes it is too late to make your portfolio defensive, as things will worsen across the board.

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220 days ago

Photo Article: the tough choice banksters, like fat cat Andrew Monk, boast of making in these times of hardship

For millions of our fellow citizens, the tough choices every day are whether to feed the kids or to pay the fuel bill. Or whether to make do with shoes with holes in them or trousers with holes in them. But for some, like banksters from London with second homes ( pricing out local young folks) in Cornwall, there are other tough choices. If folks in the City wonder why they are so despised, perhaps the tweet below reminding us all of bankster “tough choices” might be a clue. Welcome to a great advert for a windfall tax on investment banksters.

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220 days ago

Tom Winnifrith Bearcast: the Number 1 Golden Rule for not losing money on AIM

I start with why I was up until 2 AM last night, as discussed HERE. Then, it is on to the fraud, [email protected] Capital (SYME); M & C Saatchi (SAA); Next Fifteen (NFC); and finally, that golden rule and Westminster Group (WSG).

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220 days ago

Breaking: Class Action filed against Nasdaq dog Arqit, run by self-confessed liar, David Williams of Avanti infamy

Before calling his lawyer, the pompous and bombastic arse should remember how, in the early stages of Avanti Communications (AVN), he boasted of fabricating a product demo. Worse was to come, as Williams made tens of millions from dumping shares he ramped ruthlessly, while investors lost everything.  Now, he has a new scam: Arqit Quantum (US: ARQQ), listed on Nasdaq. We first covered Arqit, HERE. Its shares were $37.41 on December 3, 2021; now, they are just $5.65. Bring on the lawyers.

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220 days ago

The Deep Drill on Finals from the Fraud, [email protected] Capital: Part 3 – the accounting blunders

Earlier, I exposed numerous red flags concerning a) 2021 revenues and b) the Tradeflow deal; now, I turn to Supply’s (SYME) accounting blunders from calendar 2021. Of course, the company is no stranger to accounting blunders, including:

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