19 days ago
Shares in Union Jack Oil (UJO) are 9% lower at 29p thanks to an article penned by my friend Brokerman Dan suggesting that all may not be well at the West Newton drill. Ho hum, a quick break from afternoon playtime with Joshua as calls go out from the Greek Hovel.
59 days ago
I seem to have pulled some muscles in my back and shoulder and am in a bit of pain which will make tomorrow’s 34.2 mile walk from Winchester Cathedral to Woodlarks even more “fun”. But walk I shall as the quite amazing charity said that it needed to cover its costs in this year when its revenues have been eliminated by lockdown by us raising £48,000. So I will walk and I will finish. I won’t be alone but ask that you do your part and sponsor me as we seek to raise that £48,000. To those who have already done so, I say thank you, to the rest of you…
89 days ago
The photos later (not of underpants), the walk is done but I paid the penalty of ignoring dan’s golden rule. We have now raised more than £14,000 and as you think of my pain today will the 96% of bearcast listeners who have yet to donate please do so here. Otherwise I will talk about Dan’s underpants again. In the rest of the podcast I take issue with ex soccer player Andrew Johnson on tax and then look in detail at the claims made by Versarien (VRS) about its graphene enhanced face nappies and why they do not stack up at two levels and, as such, why there really should be a UK product recall.
137 days ago
No doubt my friend Brokerman Dan will say that I am just a dinosaur and that Clem Chambers of Online Blockchain (OBC) is a genius but today’s news makes no sense at all. Perhaps folks cleverer than me can explain.
141 days ago
My suggestion, made to AIM Regulation and HERE, that shares in all covid testing stocks be suspended on Monday seems to have aroused every idiot who has ever bought an AIM listed share into outrage and anger. Brokerman Dan has joined this populist outrage.
158 days ago
Oh dear, this may well upset my new best friend, the UK’s leading healthcare analyst, Brokerman Dan but a letter has emerged which appears to suggest that Zenith Energy (ZEN) has been telling porkies about the status of its supposedly company making operations at Tilapia. Oh dear. Oh dear. Share suspension then RNS Needed ASAP methinks.
158 days ago
Reader SB asks if there are any forecasts for MyHealthChecked (MHC). There are not. Not even from the UK’s leading healthcare analyst Mr Brokerman Dan Levi. However the company does give indications of what sort of sales it might achieve in a corporate presentation video below. There is more and I am not sure what this means and think MyHealthChecked should clarify
159 days ago
This is for Cliff weight of ShareSoc. I discuss incidents in my life on Fleet Street showing the corrupt nexus between financial PRs and the press in action. I hope you all find it amusing as informative and relates to this fight I got into earlier today. Then it is onto Brokerman Dan who is a visionary analyst of health stocks, notably MyHealthChecked (MHC) as PL and I are agreed. Finally Zoetic (ZOE) has been exposed by an RNS today from Path Investments (PATH) which is damning. Its implications are clear, Zoetic is now mortally wounded; however, its evil PR spinners tried turd polishing earlier today.
173 days ago
Thank you Brokerman Dan for supportive words, you are always welcome at the Welsh Hovel and indeed my son often asks when you are coming again. But when a self confessed ex con pisses on folks, like certain shareholders in [email protected] Capital (SYME) and Zoetic (ZOE) from the moral high ground, you know such folks dwell in the moral sewers. I discuss the reaction to today’s Zoetic bombshell and what happens next. I also look at Big Dish (DISH), Agronomics (ANIC), Dev Clever (DEV), Bidstack (BIDS) and Verditek (VDTK) speculating on the bailout placing prices at 2 of those 5. Then I discuss Bacanora Lithium (BCN) where I might be tempted to have a punt.
193 days ago
When we arrived, this was a galley kitchen 1970s style with a nice asbestos roof cladding. It can be so much better as its back wall is the old brick and timber external wall from the oldest part of the house. It just needed a stack of work. This room adjoins the 1600s kitchen when renovation work is almost complete.
274 days ago
The main living room at the Welsh Hovel is now complete. Ancient beams have been exposed, the sash windows mended but the crowning glory is the fireplace. The three photos below show the amazing transformation.
285 days ago
It appears that rumours of the financial distress of Christoper Williams, aka the market abuser Chris Oil are not exaggerated. The tweet below is self-explanatory.
305 days ago
Work at the Welsh Hovel is now taking place in what has been the dining room but will become the main kitchen. This part of the house was bolted onto the original hovel but is still very old. We uncovered a window tax window on its outside in what was the hidden room, a tiny room plastered in by the previous owners which you enter from the library but lies on the outside wall of the dining room. So one can date the dining room as pre 1696.
348 days ago
He is not in fact anyone’s Uncle. In India, an older man is always termed an uncle so Joshua has lots of uncles including both his godfathers, Johnny and Lucian Miers, Uncle Brokerman Dan and the list of unsuitable and disreputable “uncles” goes on and on. However, this uncle is in fact a relation. He is something like the third cousin of the Mrs but for historic reasons, these distant families were quite close.
519 days ago
I start with the great global warming nutter who is here today. I then deal with another of that ilk, Malcolm Stacey, and his worries about owning oil shares. I coment on how central bankers might respond to Coronavirus but ask if it will work. I look at Angling Direct (ANG) and Sirius Minerals (SXX).
545 days ago
My training for the Woodlarks 34 mile walk is going okay. This weekend I will do eight miles up and down Moel Famau twice. Come on: start sponsoring me please HERE. But, as Brokerman Dan kindly points out, the walk would be easier for me if I was not carrying two or three stone of surplus fat along with me. He is, I fear, for once, correct. So …
562 days ago
On June 13, myself, Lucian Miers and Brokerman Dan will do our third rogue bloggers for Woodlarks walk. This year the route is different and longer, the 34 miles from Winchester to the camp. If you want to join us (last year there were 14 rogue bloggers in all) email me at [email protected] and we can chat. Meanwhile we hope to raise more than last year’s £55,000, knowing that Woodlarks gets by on just £115,000 a year) so please start to donate HERE. Feeling a bit fat after Christmas, I have started training already. Yesterday Joshua, myself and the Mrs headed to the biggest hill around here, Moel Famau as you can see below.
595 days ago
On today’s podcast I discuss Brokerman Dan, the Tory canvasser and the half way house for heroin addicts. I issue a podcast challenge to Justin the Clown as I discuss the joke Vox IPO, I look at a pathetic deadwood press ramp for Woodford Patient Capital Trust (WPCT) and offer up another reason to shut down all open ended property funds. And i have a prize contest for election day, deadline to enter is Monday midnight.
616 days ago
In today’s podcast I start with Brokerman Dan on rising flood levels and global warming then it is onto The Daily Mail, Scottish Widows and sheer bollocks on the Gender Pay Gap. Then a look at the General Election polling and what it means for shares. Finally a look at Riverfort Global (RGO). You may hate what it does now but it is sustainable and the shares are bloody cheap.
622 days ago
I start with an interruption from a tinker, a real one. I know what scrap iron is worth you cannot fool me mate! Then explaining to a moron why I am not in an insider dealing ring with Brokerman Dan. Then it is onto Kier (KIE), more on Big Dish (DISH) where the whole board MUST be reconstituted and finally a long section on Gear4Music (G4M).
633 days ago
It was the A Team at the coalface yesterday, myself and Brokerman Dan. For some reason he thinks that the idea of someone he dubs “the Oxbridge Intelligentsia” picking up a hammer or a crowbar is rather amusing. Anyhow we both got stuck in to the wall at the back of the main living room, where we unearthed an enormous fireplace last week. When the Welsh Hovel was built first in the 1600s it was far smaller and the living room was on three sides facing external wall: the fireplace wall faced the river, the sash windows wall faced the lawn and the back wall was just a back wall. It was that wall we tackled as you can see below.
633 days ago
In today’s podcast I look at Crest Nicholson (CRST), pox on AIM St James House (SJH), Cyancannode (CYAN), Yourgene (YGEN) and shocking share options, Big Sofa (BST) Goals Soccer Centres and Carpetright (CPR). Blame Brokerman Dan for this podcast being late and for me being a dirty and smelly wreck as I explain in the show.
637 days ago
The 1600s fireplace revealed by Brokerman Dan at the weekend is now shown in its full glory… can you see how large it is? Joshua is very excited as it now means that Father Christmas has an easy way to come and visit us. Meanwhile…
638 days ago
Yesterday I showed you a before and after shot of the 1600s fireplace Brokerman Dan had uncovered behind a 1970s monstrosity at the Welsh Hovel. The great man wants you to see all the steps between and the photos below show that, starting with the end result. You will note the piles of birds nests he removed from the chimney.
639 days ago
I suspected that we would discover a gem here and I was not disappointed as Brokerman Dan removed the ghastly 1970s fireplace you can see below from the living room at the Welsh Hovel. This room was part of the original part of the house so pre-dates the window tax of 1696. It has another gem which Dan and I will uncover next week but today’s gem is also below.
639 days ago
A day of delight for Joshua as we head off to meet Thomas the Tank Engine at Llangollen and for me as Brokerman Dan makes a truly amazing discovery at the Welsh Hovel. Then it is onto Gabriel Grego’s latest triumph, why we bears do such great work and the forces of evil ranged against us.
654 days ago
So shares are soaring on the hope of a deal on Brexit, but for how long? And will Brexit really change anything fundamental for UK PLC if there is a deal? I discuss this, Nostrum Oil & Gas (NOG) and strategic reviews, Brady (BRY) and its ominous silence and the whinging of Brokerman Dan. I also discuss if AIM would allow a CEO to use the C word.
734 days ago
I explain the unusual location of my studio today. The welsh hovel is amok with workmen including Brokerman Dan who has explained to me his thoughts on Union Jack Oil (UJO) as he clears away asbestos. I also look at IQE (IQE) and at Idox (IDOX) both of which SHOULD have placings and neither of which I’d bottom fish.
758 days ago
In the first half of this podcast as I look at UK Oil & Gas (UKOG), Angus Energy (ANGS), Brockham, Horse Hill and the Weald Basin ramp I am joined by comrade Brokerman Dan. Then, alone, I look at Woodford Patient Captal Trust (WPCT) including the key missing info in today’s bullshit RNS, Costain (COST), Versarien (VRS) and Mirriad (MIRI).
763 days ago
The first photo below is the wall that meets you when you enter the Welsh Hovel. When it was originally built this was an external wall. It needs a bit of work replacing some concrete infilling between the bricks with lime plaster but it looks fairly splendid
764 days ago
At the Welsh Hovel almost all of the old beams and walls have been covered up in some way or another. The one below runs the length of the room known as the library. The before and after shots are below. I sort of picked at the plaster, my friend Brokerman Dan jabbed in his screwdriver and started to expose a wonderful old oak beam almost a foot wide and still strong and intact. He did more exposing and I shall post his next work tomorrow.
765 days ago
Today’s bearcast is a little late thanks to the amazing work of Brokerman Dan at the Welsh Hovel. Photos later. I start with the bluncders of Julie Meyer’s latest lawyer. Then I look at Chesterfield Resources (CHF) and other mining tiddlers and explian why Doc Holliday (a bull) is either very right or very wrong and why I think, but do not know, that it is the latter. Then more questions for IQE (IQE) including when is the placing?
772 days ago
The room next to where I sit right now is not part of the original house. It was added on in the 18th century and together with the room above was once, I believe, the servants accomodation. For the past sixty years – or more – it has been termed the annexe and treated as a seperate property, boarded apart from the main house. That boarding was removed and so the annexe has been reunited with the main house. It is where my mother in law may one day reside. With that in mind I am cracking on with its restoration and what I have discovered in the past 24 hours is shocking.
817 days ago
I should say that the old rogue has been most helpful in starting to bring the Welsh Hovel back to life and I relay a take from Sunday. Inn just 26 days time he and I will be on the rogue bloggers for Woodlarks trek and, at the risk of repeating myself, to the 85% of bearcast listeners yet to donate, I WANT YOUR MONEY NOW!!! I gather Dan used to use that phrase quitye a bit in a professional capacity in days gone by. Anyhow please donate HERE. In the podcast I discuss Alien Metals (UFO), TrakM8 (TRAK), Optibiotix (OPTI), Yourgene (YGEN) and the scandal that is Ferro-Alloy Resources (FAR).
838 days ago
In today's bearcast I look at Cabot Energy (CAB), Andalas Energy (ADL), Eve Sleep (EVE), Indivior (INDV) and, with Neil Woodford in mind, Allied Minds (ALM). To join the roll call of heros go HERE
897 days ago
I told you on November 8 that shares in Accesso (ACSO) would halve as I published a major short dossier. Oh how my critics laughed and scoffed for they all know better. Well it has not taken long for it to be ouzo time and vindication again at Sheriff of AIM Towers. I discuss DP Poland (DPP), Fox Marble (FOX) and a shameful ramp by Brokerman Dan, that is to say Dev Clever (DEV)
898 days ago
With help from Chris "three brains" Bailey and the Sun Newspaper I explain the logic behind young Steve's weekend plans. I then look at GLI Finance (GLIF), try to explain a few points to a man who attacks a bearcast he has not listened to (Brokerman Dan), Flybe (FLYB ), Blue Prism (PRSM) - surely a stonking short - and Westminster Group (WSG) and its record of cash guzzling shame.
926 days ago
In this podcast I thinkI agree with Dan's tip. I then look at Independent Oil & Gas in light of Jim Armitage's article in the Evening Standard which takes this scandal forward some more. I cover ramp dog Chesterfield (CHF), Marks & Spencer (MKS), Gear4Music (G4M), Halfords (HFD), Starcom (STAR), UK Oil & Gas (UKOG), Angus Energy (ANGS) and the zero scenario, and Carclo (CAR). Tomorrow I may have better things to do than a bearcast as is the case every January 12. Or maybe not!
948 days ago
In 2018 in the first Rogue Bloggers for Woodlarks 33 mile walk, myself, Brokerman Dan and Lucian Miers raised more than £25,000 (£32,000 with gift aid) for the amazing, if unfashionable, Woodlarks Charity which provides unique holidays for severely handicapped young people and adults. Without the Woodlarks camp very few of those folks would get a holiday at all.
997 days ago
I have been greatly distracted today. In part by some ludicrous piffle from Brokerman Dan, I explain why he is deluded. More importantly there is the growing sex and physical abuse scandal at my old school Warwick as I explained earlier today HERE. Today I have spoken to a second sexual abuse victim and been contacted by the new Head Master. Maybe something will happen. On the markets I look at First Derivatives (FDP), Angus Energy (ANGS), Purplebrocks (PURP) Totally (TLY) where Stevie Wonder could see that it is placing ahoy and Goldplat (GDP)
1008 days ago
Today's bearcast comes from the Corinth Canal and covers MX Oil (MX), Versarien (VRS), Pantheon Resources (PANR) and Andrew Monk's poor old mum being bullied by her stockbroker son about her will and tax planning. Actually I make a serious point on this issue for poor old Mrs Monk
1021 days ago
You may remember that my coach for my Woodlarks walk was 75 year old Fleet Street legend Brian Basham who himself completed the London marathon last year. My coach was in town yesterday and we met up for lunch. Uh Oh!
1042 days ago
It has now emerged that Brokerman Dan attacked what he thought I said about Angus Energy (ANGS) without actually listening to what I actually said despite us giving him a 24 hour pass for bearcast access. He spouts an awful lot of piffle in his latest article but declines to print corrections. Poor Dan. Oddly on one major point he is almost correct. Moving on, I also look at Cenkos (CNKS), Frontera (FRR), Rosenblatt (RBGP), i3 Energy (I3E), MySquar (FRAUD), Online Blockchain (OBC) and Kellan (KLN).
1043 days ago
Brokerman Dan Levi has again today insisted that Angus Energy (ANGS) is doing a placing. It will clearly have to do one at some stage soon but right now Daniel is being played, as was I last week. I sense market abuse here and once again the name Chris Oil, a man with form when it comes to market abuse and other nonsense, comes to the fore. As a reminder
1069 days ago
I do not wish to fall out with my pal Brokerman Dan or with PR Genius Steffi but I think that their enthusiasm for Andalas Energy (ADL) is misplaced because the company is just not being 100% upfront with investors about its new great hope, the Badger prospect in the North Sea.
1093 days ago
The 33 mile walk from Horse Hill to Woodlarks was actually a bit longer for myself and super-fit Dan Levi, Brokerman Dan. At about fifteen miles Dan and Lucian Miers were striding ahead and myself and Andrew Bell were somewhat lagging. We came to a junction and the sign clearly said head left, downhill. And so we did that. Worrying that we might have made the wrong decision I called Lucian who assured us that it was okay to follow the sign at the gate. He said Dan and he would wait.
1094 days ago
This was recorded the night before the great Horse Hill to Woodlarks walk and is a great podcast covering Dave Lenigas, Paul Scott, a raft of jokes, short tips, long tips and so much more. If you have not yet donated to our walk, if you enjoyed this please get your wallet out and give some cash NOW HERE.
1094 days ago
This is the night before at our hotel in Dorking. Andrew Bell had yet to pitch up so this is Brokerman Dan, Lucian Miers, myself and Joshua standing in for Bell. Joshua hit the bottle hard, Lucian followed suit. Myself and Dan kept a clear head as we start walking at 5.30 AM. To help us raise £25,000 or more for a great cause - and if we raise more than £25,000 to ensure Dan walks the last of 33 miles in his underwear, please make a small donation HERE
1095 days ago
Yes, for the last six miles we will be joined by a fifth rogue blogger tomorrow on the 33 mile trek from Horse Hill to Woodlarks. You will not guess who in a month of Sundays. All is revealed in the podcast. We have now raised £23,715. Just £1,285 more and Brokerman Dan walks the last mile in his underwear, an event we will photograph. So if you are yet to donate, please do so HERE. In today's podcast I look at Johnson Press (JPR), FastJet (FJET) - do the maths comrades - Europa Metals (EUZ) and UK Oil & Gas (UKOG).
1097 days ago
On Saturday I shall try to walk 33 miles from Horse Hill to Woodlarks with Brokerman Dan and Lucian Miers, my fellow rogue bloggers. In this podcast I explain why I got involved so many years ago, what Woodlarks does and why all of you should donate to this great charity HERE. Please take 12 minutes out to listen and then make a donation.
1098 days ago
Brokerman Dan has been replaced as the maps man on our Woodlarks Charity walk on Saturday. Perhaps we now know why in his former career he did not always get away. For it turns out that the walk is not 32 miles but 33. Lucian has mapped it out in full. Cripes. We now need just over £2,000 to reach our £20,000 target so if you have not yet sponsored me please do so HERE. Get us to target & I will shut up about it. In the podcast I look at IQE (IQE), Rangers FC and another date in court for Dave King, Thirsty Paul Scott not understanding what research means & wanting me not to cover Sosandar (SOS), Cenkos (CNKS), ADVFN (AFN) and Online Blockchain (OBC), Highlands Natural Resources (HNR) and Fishing Republic (FISH) which, I think, is AIM toast in waiting
1099 days ago
Yesterday was my last big training walk – 22, 23 or 24 miles in the Somerset hills. I am not sure how long it was as the signs were dreadful and I got a bit lost. But I made it and feel confident that this Saturday coming up I can do the 32 miles from Horse Hill to Woodlarks with fellow rogue bloggers Brokerman Dan and Lucian Miers.
1099 days ago
You have less than a week of me berating you but as we celebrate Optibiotix (OPTI) reaching 100p ( twice) today I ask you to spare a tenner for a great cause. We are more than 80% of the way to hitting our £20,000 walk for Woodlarks target so ahead of 32 miles of pain for myself, Brokerman Dan & Lucian Miers please donate HERE. Elsewhere I look at IQE (IQE), Frontera (FRR), SalvarX (SALV), Pantheon Resources (PANR), Golden Prospect Precious Metals (GPPM) and finally what may be a major scandal at Cabot Energy (CAB).
1099 days ago
On Saturday myself, Brokerman Dan and Lucian Miers, aka the rogue bloggers, will walk 32 miles from the infamous Horse Hill “Gatwick Gusher” oil well to Woodlarks, aiming to raise £20,000 for that amazing charity. Reminder – Woodlarks needs that cash to up its income from just £126,500 last year, to close its deficit and keep doing its amazing work providing holidays for handicapped folks who would otherwise get none. Yesterday was my last long training walk…
1100 days ago
Ok, I am back from a 22-24 mile walk which I shall write up tomorrow but if you could smell my feet? I know many of you hav e donated to Woodlarks ahead of next Saturday's 32 mile stroll by myself, Brokerman Dan and Lucian Miers and we have now raised £14,267.88 but to those who have not donated, PLEASE DO SO NOW HERE. In today's podcast I discuss the CBI talking Brexit shite again - it does NOT speak for British industry. I remind you we have no house view, ref Sosandar (SOS). I raise two questions arising out of a Saturday lunch Joshua and I had with Highland Natural Resources (HNR), notably who will back my new goat lending business. And I look at an ex Mellon stock, Okyo Pharma (OKYO), its valuation is a 100% rum and coke and I explain why.
1103 days ago
I recorded this on my last night in Greece. As you listen I shall be starting the trek back to Bristol. I appeal to those yet to donate to the Woodlarks charity walk by myself, Lucian Miers and Brokerman Dan to donate HERE - we are at 69% of our £20,000 target and every cent pledged will make a difference. Thanks to a reader for spotting a court case involving Safestyle (SFE) which is utterly shocking - I reckon this makes the stock uninvestable. I then take issue with the analysis of a City pal of Chris "three brains" Bailey on the matter of fraud.
1105 days ago
Thank God for small mercies. Now we can start a rota on who has to listen to Brokerman Dan blathering on about blockchain and what a frigging genius Clem Chambers is. For now there is a third rogue blogger joining us as we walk the 32 miles from Horse Hill to Woodlarks on July 28. He is a man who knows Horse Hill well…
1108 days ago
My 32 mile walk for Woodlarks with my fellow rogue blogger, Brokerman Dan, is now just two weeks away and I am conscious that most of my training has been on the flat. What better way to prepare for the Surrey hills than to walk up a Greek mountain in the burning summer heat? And so at 8.30 AM off I set....
1110 days ago
As you may know I showed extreme bravery in meeting Brokerman Dan on his home patch, in the Manchester Slums, last weekend. For that alone you should sponsor me ahead of my 32 mile walk for Woodlarks with Dan on July 28. We are now over 65% of the way to our £20,000 target. If you have not yet donated please do so HERE. The Manchester summit was captured on film as you can see below and I asked you for captions for the photo - many were supplied.
1112 days ago
Tomograph readers will know that I ventured to the grim north over the weekend to the slums of Manchester and there I met up with Brokerman Dan. Surely my bravery in heading to the post industrial welfare safari deserves some reward. My next meeting with Dan will be on July 28 as we walk 32 miles for Woodlarks. Sponsorship, to date, now tops £13,000 (£15,500 with gift aid). Thanks to those who have donated already, to those who have not I am sure you can spare a tenner HERE. Meanwhile Dan is the shorter one on the left, dressed like he's just left the Pride march. How about a caption contest? Do you worst in the comments section below - deadline Tuesday midnight.
1113 days ago
As you can see HERE, I have spent the morning loading a white van as boxes of my stuff heads out to the Greek Hovel which might just have a roof by the weekend! Yesterday i was in Manchester and braving its slums albeit with Brokerman Dan providing security was heroic. For that, if not for the planned 32 mile walk with Dan how about you give a tenner to Woodlarks HERE. On the podcast I cover Optibiotix (OPTI), another victim of Julie "lingerie on expenses" Meyer MBE on the phone, Stobart (STOB), FairFx (FFX), Mothercare (MTC) and - with not too much sniggering - the flop at me-too Viagra play N4 Pharma (N4P)
1115 days ago
You don't care what I say today, all you care about is the football. Indeed: come on Eng-er-land. I reflect briefly on the soccer, then cover Mrs May's Brexit sell out, why I'm not voting for the party of the useless and treacherous old hag again, and finally discuss the idea that British companies should not be bought by "dirty foreigner", ref Inmarsat (ISAT). I cover Optibiotix (OPTI) en passant and am glad that thanks to the incredible generosity of Nick Leslau, myself and Brokerman Dan have now raised £13,000 - 65% of our target - for Woodlarks ahead of the 28 July charity walk. Check Nick's donation and perhaps give a tenner yourself HERE.
1120 days ago
I feel like shite, hence the late bearcast. I managed it! 27 miles in the heat today has taken its toll. I am in real pain in all sorts of places. Enjoy that pain TW haters, revel in it and make a donation HERE I could have walked 32 miles today but did not - that treat awaits me and Brokerman Dan on July 28. He is training hard too. Enjoy his pain and please donate HERE. In the podcast I pass on market intelligence on Optibiotix (OPTI), discuss Cynical's massive expose on Kibo (KIBO) HERE and then leap to the defence of both a PR firm and the asset stripper Jim Mellon. It must be the sun...
1120 days ago
It is now less than four weeks until myself and Brokerman Dan try to walk from Horse Hill to Woodlarks to raise money for this charity which I have backed for 16 years and which does amazing work as you can see HERE. Dan is far fitter than I am and sent late night texts on Friday saying that he had managed a 21 mile walk but was a wreck and needed a lighter rucksack. I know it is hot up in Manchester what with all those fires on the Moors but I think he is kidding me. It is all psychology. My plan was to do 26 miles on Sunday.
1122 days ago
Tomorrow is my longest training walk yet for the Woodlarks 32 mile charity walk with Brokerman Dan. I plan to set off at 5 AM on a 26 mile trek. Think of my utter pain in this awful heat and please give £10 to a great cause HERE. I then look at the recent Radio 4 programme on shorting which was sprinkled with pompous and half-witted comments from ShareSoc. They are naive and have it all wrong and I explain why. Then I look at whether share dealing should be ethical - ref Dave Lenigas and his ramping of UK Oil & Gas (UKOG) - should we all get on board? Finally I look at the IPO of Amigo which I find revolting at every level.
1124 days ago
The 3Xs are the fraudbusters best friends. In this case it was one of Julie Meyer's 3Xs and a new source. we chatted for just under an hour. More to follow. Oh dear, poor Ms Lingerie on Expenses MBE. In the podcast I look at UK Oil & Gas (UKOG), Purplebricks (PURP), Frontera (FRR), FastJet (FJET), MySquar (MYSQ) - where I have again contacted John Meyer urging him to get off his fat arse - Andalas (ADL) and Magnolia Petroleum (MAGP). The good news is that sponsorship of the walk I'm doing with Brokerman Dan for Woodlarks is now, with gift aid, at almost £11,000. I explain here why this walk makes the difference bewteen Woodlarks having to cut services or carry on, please do give a tenner today. Think of my pain - not least in having to hear Dan talk total bollocks about Andalas for whole day - and COUGH UP HERE.
1125 days ago
The mistake in yesterday's podcast was on Telit (TCM). In fact it is even worse than I thought! The good news is that sponsorship of the walk I'm doing with Brokerman Dan for Woodlarks has now topped £9,000. I explain here why this walk makes the difference bewteen Woodlarks having to cut services or carry on, please do give a tenner today. This afternoon sees Joshua and I on another training walk, my second in two days. Think of my pain and COUGH UP HERE. In a long bearcast I predict that, after today's shocking news, FastJet (FJET) will be sold for £1 and explain why. I look at Havelock Europa (HVE), 88 Energy (88E), Lyin' Steve Sanderson's UK Oil & Gas (UKOG), Frontera (FRR), Andalas (DOG), Mysquar (FRAUD) and Audioboom (BOOM).
1126 days ago
In this podcast I reflect on how the UK is going to the dogs commenting on South West trains and the award of the Orwell prize to a proven specialist in fake news. George will be laughing in his grave. I cover boardroom shenanigans at Telit (TCM), shameless ramping at Andalas (ADL) which is really worth 0p, Frontera (FRR), D day looms, Westminster Group (WSG) and the ambiguity of loathsome ex Tory MP Tony "Fatso" Baldry of 3DM infamy, Rossylyn Data (RDT), Dillstone (DSG), Cluff Natural Resources (CNR) and its pomopus arse of a founder and Optibiotix (OPTI). now I see that evil PR spinner and crony capitalist Reg Hoare has donated to Woodlarks in support of the my sponsored walk with Brokerman Dan. we are now just £31 short of £9,000 and 45% of our target - go on, do the decent thing and chip in HERE
1130 days ago
In today's podcast I cover in detail Telit (TCM) and also look at MySquar (MYSQ) partially in light of today's stunning news HERE. I look at Audioboom (BOOM), Frontera (FRR), Woodford Patient Capital Trust (WPCT), Prime People (PRP) and 88 Energy (88E). Tomorrow I will be bored to death by Lucian Miers, he will drone on about West Ham for 6 hours as we complete a 19 mile training walk from Bristol along the Avon to a few miles past Bath. I am building up to my 32 mile walk for Woodlarks with Brokerman Dan on 28 July. Think of my suffering tomorrow and please donate a small sum HERE.
1134 days ago
It started well. I had planned a route from the Conham River Car Park on the outskirts of Bristol, along the Avon to Bath. The signs said it was 14 miles. What could be more pleasant?
1136 days ago
I record with Argentina and Iceland in the background on mute. Hell's teeth who on earth could support the fecking Argies? I explain the sheer torture Brokerman Dan Levi has in store for me in six weeks time and give him a reason to add to that. Andalas (ADL) is utterly worthless crap and his commentary on Friday and the statement that resulted utterly stinks. Anyhow consider how he will torture me as we walk 32 miles, feel sympathy and SPONSOR ME HERE. Then I look at Paul Scott winning an award for PR and at events at Theranos and Tesla.
1137 days ago
In today's Bearcast I reflect that it is now just 6 weeks and 1 day to the great event. With gift aid myself and Brokerman Dan have now raised more than £8500 for Woodlarks. As I prepare for a 14 mile training walk this weekend please do sponsor me - I am sure you can afford to donate a tenner HERE. In the podcast I look at Orosur Mining (OMI) - down 48% today but still 90% overvalued - UK Oil & Gas (UKOG), Kefi (KEFI) - where we own shares - RedstoneConnect (REDS), Purplebricks (PURP), Neil Woodford and Feedback (FDBK).
1138 days ago
The reference to scumbags John Belliss and Gavin Burnell is explained in full in this podcast which covers CyanConnode (CYAN), Audioboom (BOOM), Magnolia Petroleum (MAGP), Revolution Bars (RBG), Peter Schiff and the economy, AIQ (AIQ), Tern (TERN) and Haydale (HAYD). Both Brokerman Dan and I are now training with blisters. This weekend I move up to a 14 mile walk ahead of our 32 mile July 28 stroll for Woodarks. Thanks to all who have sponsored us. swe have now raised more than £8,000 with gift aid and are at 34% of our target. To those 90% of you listening who have not pledged, surely you can spare a tenner. You can donate £10 HERE.
1140 days ago
I see that Brokerman Dan, who will be walking 32 miles for Woodlarks with me on July 28, has tweeted about completing a 15 mile training walk. In the smug looking selfie that accompanied the tweet the old bastard looks fresh as a daisy, as if he had just strolled to and from the local corner store. If only it were that way for me.
1143 days ago
My Woodlarks charity walk training plan for today was simple. My training path is the 2.5 miles path along the River Avon between Conham Hill car park and the Chequer's pub. It is a splendid walk which on Tuesday I did alone both ways (5 miles) and on Thursday I also did both ways but with Joshua in his buggy. Joshua and I saw ducks, swans, a train on the hill, all sorts of boats, a heron, blossom, a horse, it was great fun.
1144 days ago
Pinsent Masons was at the heart of the dirty tricks campaign Sefton Resources (SER) waged against myself and Brokerman Dan Levi as we exposed wholesale lying and fraud. Pinsents was thrashed in Court when Sefton sued us for libel. Scumbag low life motherfucker Pinsents partner Russell Booker was never disciplined so I guess it thinks dirty tricks against journalists are okay. Daniel Stewart (DAN) also sent me lawyers letters but never accepted my kind offer to "see you in Court bitchez", Anyhow the two are being sued for £180 million for their negligence over the Naibu (NBU) fraud I exposed HERE. I discuss that but also why Paul Scott should apologise to 6,000 House of Fraser staff losing their jobs in this bonus podcast.
1147 days ago
In just under two months I shall be doing a 30 mile walk for the excellent Woodlarks Charity with my friend the blogger and former bank robber Brokerman Dan. Dan is rather fitter than I am and keeps tweeting messages about how he is just popping out for a quick 10 mile training yomp. I do not know if he is just trying to spook me or if he is serious but I have a horrible feeling that it is the latter.
1151 days ago
In today's bearcast I look at Mysquar (FRAUD), UK Oil & Gas (UKOG) and its latest spoof, Dignity (DTY) where I have grave concerns, Magnolia Petroleum (MAGP) and its dead cat bounce, Pantheon Resources (PANR) where it's placing ahoy and at Mirada (MIRA) where I fear the worst. Sorry Matt Earl. Brokerman Dan says that if we raise our target £20,000 for Woodlarks with our 30 mile charity walk on July 28 he will do the last mile in his underpants. We will have cameras on hand and splash it all over the internet. Thanks to all who have donated but 95% of bearcast listeners have yet to do so although we are already 23% of the way there. So please donate a tenner each today HERE
1151 days ago
In today's podcast I look at Falcon Media (FAL), Avanti Communications (AVN), Echo Energy (ECHO), Fishing Republic (FISH) - Gary Newman can you help us out here, Woodford dog Xeros (XSG) and Optibiotix (OPTI). Now the Woodlarks charity walk. We have now raised just over £4,000 (nearly £5,000) with gift aid. A big shout out to Mark McDowell who pledged £666 yesterday (clearly a reference to Brokerman Dan). But 97% of Bearcast listeners are yet to chip in, I am sure you can all spare a tenner so please donate NOW HERE. To those who have donated already, thank you.
1154 days ago
In today's bearcast I express my sympathies to poor Zac for the job he has to do as an analyst writing about corporate clients. I refer to uber dog Mosman Oil & Gas(MSMN). I also look at Andalas (ADL) - the worst oil stock on AIM and which is STILL not answering valid questions as its shares collapse again. I look at Akers Biosciences (AKR) and, in detail, at IDOX (IDOX). Finally...97% of bearcast listeners have NOT yet sponsored myself and Brokerman Dan for our 30 mile Woodlarks walk. If you enjoy bearcast I am sure you can spare a tenner so donate HERE - to those who have donated I say thank you.
1155 days ago
I start with the myth which Julian Richer is trying to perpetuate that you can somehow stop large scale, 100% legal, tax avoidance by folks like Sir Phil Green or indeed the legal stuff we all engage in by using dividends in private companies, etc. Then I ask if Italy might break the Euro or even the EU who are behaving - again - with shocking contempt for the little people. It should. Will it? Finally...98% of bearcast listeners have NOT yet sponsored myself and Brokerman Dan for our 30 mile Woodlarks walk. If you enjoy bearcast I am sure you can spare a tenner so donate HERE - to those who have donated I say thank you.
1159 days ago
Forgive the late bearcast. Blame it on Greek Hovel business. In today's podcast I look at Folli Follie, shares in which are slumping again as I warned you the other day HERE - tomorrow might be D (for Death) Day. I then take up Andrew Monk on AIQ (AIQ), Petra Diamonds (PDL) and the idea of consolidating brokers and Nomads via M&A. It makes no sense Andrew. Then I look at the GoTech (GOT) shambles - its now a dope play but frankly you must be a dope to own this stock. Then I cover Optibiotix (OPTI) again with a point folks like Cynical Bear have missed. Finally its i3 Energy (I3E). Thanks to those who have sponsored me as I suffer the dual agonies of walking 30 miles and having to listen to Brokerman Dan drone on all day, but 99% of bearcast listeners have not yet donated a tenner. Please do so HERE
1161 days ago
I start with confirmation that Brokerman Dan and I really are doing a Horse Hill to Woodlarks charity walk on 28 July. Are you free and would you like to walk too? If not just give us your cash ( as Dan used to say in different circumstances in the old days). More details here I then comment on the latest year on year newspaper circulation stats (below) - what is happening, why and what it means.
1161 days ago
As I head off to Greece later this week it will be to start training at altitude in the Taygetos Mountains. Only kidding. But i have been taking to the gym and starting some modest walks. I really do not want to be shown up too badly on 28 July when Brokerman Dan Levi and I walk from Horse Hill to Woodlarks.
1173 days ago
I start with two discussion held this morning, one with Lucy Wray and the other with Brokerman Dan. I end with a discussion with Lucian Miers. In between I discuss Faron Pharma (FARN), Wey Education (WEY) which - sorry Andrew Monk - is talking A grade bollocks, Inspirit (INSP) , Pathfinder Minerals (PFP), Challenger Acquistions (CHAL) and Frontera Resources (FRR).
1181 days ago
I was told last night by the PR spinner to Andalas (ADL) that I should be asking about its new focus in the North Sea, how it will build value, yadda, yadda, yadda. FFS This company has no assets of value, it is burning stacks of cash every day and has NEGATIVE Net current assets of up to $2 million, even after the £600,000 placing on Monday - what don't you understand about the words "FECKING INSOLVENT" darling? I leave it to Monty Python to explain the true state of Andalas below. Meanwhile here are 4 Burning questions it is not answering so I - and Brokerman Dan - will keep asking.
1200 days ago
Version 2. Darren cut off 6 minutes of the podcast first time around. I am a nice guy. I will not fire him...until Monday. After many years I have upgraded from a Nokia brick to a sort of smart phone but I cannot work out how to answer calls or indeed shut it off or put it on silent. So in this podcast it very much plays the shepherd of Porlock. In the podcast itself I discuss my domestic arrangements ahead of the return of the Mrs and a weekend with the mother-in-law ( some of us have all the luck) then look at TrakM8 (TRAK), RM2 (RM2), Online Blockchain (OBC) and reminisce about Sefton (SER) and Jimmyliar Ellerton, prompted by a long chat with Brokerman Dan last night. In detail I look at Fishing Republic (FISH) which looks, to me, an increasingly sick puppy. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH.
1218 days ago
The Mrs thinks her dad was born in Chennai. I explain the relevance of this as I discuss Mercantile Ports & Logistics (MPL) and more evidence that has fallen into my hands suggesting that it is doomed. Elsewhere I look at Purplebricks (PURP), Angle (AGL) and the corruption of Fleet Street, Brokerman Dan again showing that he did not train as a journalist but as er..something else as he looks at Big Dish a stock where I have no knowledge or financial interest I also look at the disgraceful news today from Nick "not for the many but the" Trew at Pathfinder Minerals (PFP) and at ITM Power (ITM). If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH
1230 days ago
ADVFN (AFN) has today published its list of big advertisers on its website, oops I meant to say its awards for outstanding contributions to financial services. As ever I take the list of winners with the gravity that is merited. They really are the cornerstone of the financial calendar these days. But one fact screams out at me: BrokerMan Dan Levi was on a hat-trick as share blogger of the year - surely he had the title in the bank. But he's been robbed.
1332 days ago
The publicity hungry, failing, fund manager Neil Woodford is all over the papers. On the markets he's right ( and bearish) but when discussing his own (failing) funds he is talking utter bollocks and I explain why. Brokerman Dan (Levi) has formed a shareholder action group on Ascent Resources (AST). I discuss his case against them and make a few suggestions to the company. I comment on R4E (R4E) on the disgraceful behaviour of Pathfinder Minerals (PFP), look at RM2 (RM2) and then finally at Sabien (SNT) which look either to be on the brink of a last gasp fundraise ( at a more than 99% discount to the IPO price) or of insolvency. In the same breath I mention Inspirit (INSP), another AIM boiler room dog that should be shot.
1368 days ago
Want to know why shares in On Line (ONL) the company with no realisable assets and a small overdraft so NO CASH TO INVEST but which is run by ADVFN boss Clem Chambers - soared from c19p to 81.5p today? Natch go to the man twice recognised as the share blogger of the year by ADVFN, Brokerman Dan. The great man opined on his blog:
1421 days ago
The only real question at AIM Casino uber dog Andalas Energy (ADL) is who exactly is the devil? On the one hand there is the incumbent board led by disgraced Dave Whitby and on the other hand you have a shareholder action group set up by the colourful Brokerman Dan (Levi). In the old days of the Troubles those prisoners in Northern Ireland who were not operating alongside fellows such as the blood stained murdering bastard Gerry Adams, were referred to as "ordinary decent criminals" or ODCs.
1461 days ago
Of course Brokerman Dan (Dan Levi) is not perfect. He publishes outright lies about me on a regular basis but credit where credit is due, he has nailed Jimmyliar Ellerton, the disgraced boss of Sefton Resources (SER) in court again.
1470 days ago
I have in my hand a little piece of paper which means peace in our time said Andalas (ADL) boss Dave "the rule breaker" Whitby as he announced yet another great deal for his company. But like all the other pieces of paper that he has waved in front of his labotomised army of groupies led by cardboard box dwelling sheep shagger Justin the Clown, it is just a worthless piece of paper - just like an Andalas share certificate. Hat tip to Brokerman Dan for that joke.
1514 days ago
Don't worry it is not Paul Scott in the altogether, it is the official ADVFN share blogger of the year, Mr Daniel Levi, aka Brokerman Dan with his bling. All we ask is that you supply a suitable caption for the photo below with a deadline of midnight tonight. Post away in the comments section below. For what it is worth my entry is:
1584 days ago
The joke awards from ADVFN (AFN) are here again and yet again Brokerman Dan is honoured as the share blogger of the year. Two wins in three years. Nothing to do with him being on the board of delisted & shamed Sefton Resources together with his pals the ADVFN bosses, running an online tipsheet with the ADVFN Chairman this is all down to merit. Oh yes it is. Stop sniggering at the back! Actually it is not the most "interesting" award.
1591 days ago
News from the British Virgin islands. Sefton Resources (SER) has updated its poor shareholders with a letter from CEO Dan Levi written in his usual entertaining and combative style.
1707 days ago
I am still in the Motorway service station at the Premier Inn but head to London shortly. For tonight it is myself and the old bank robber Brokerman Dan against Mkango Resources (MKA). Bring it on bitchez! In this podcast I also look at Aquatic Foods (AFG), NAHL (NAH), Slater & Gordon (SGH), Igas (IGAS), Redcentric (RCN) and MXC Capital (MXCP)
1745 days ago
Comrade Brokerman Dan has today revealed quite appalling lies told by promoters of the worthless AIM rare Earths disaster in waiting Mkango Resources (MKA). This shows both what amateurs they are and also the dishonesty surrounding the company. Dan and I will be putting Mkango to the sword as it presents in London on 17 November. Register today to join us. Now read on and see why these shysters must be exposed.
1745 days ago
It was almost four years ago to the day that Jimmyliar Ellerton of the fraud Sefton (SER) arranged to do a ramptastic presentation in London to try to lie to enough people to get another bailout placing away. Sadly for him both Brokerman Dan and I attended and we absolutely wiped the floor with the old rogue. It was the start of his downfall. To celebrate that Dan Levi and I have both booked in to a Mkanago Resources (MKA) presentation ...let battle commence. Fancy coming along? We gather beer and popcorn will be provided by the venue.
1748 days ago
LinkedIn, aka Facebook for grown ups is where those in the business world connect with each other and oggle good looking PR birds from the world of commerce or humourless left wing lawyers who look like a squirrel. In your profile you say what you are good at and joining LinkedIn today we have Dan Levi, aka BrokermanDan. Now just look at his profile - it has to be the most unusual out there. Whatever else you say about him, Levi can be quite amusing.
1805 days ago
These old folks they need mental exercise. Crosswords, jigsaws, Soduku, easy questions from their son. But my father fails on the how many days till Glenwick (GWIK) is suspended question. He says his mind is on higher things. Meanwhile I am still traumatised from being seen buying a copy of the Guardian for him. I look at Red Rock Resources (RRR), Glenwick, Leed Resources (LDP), Aquatic Foods (AFG) and China frauds, BoxHill (BOX) and naughty Lord Razzall - how is the bailout placing going your lordship? And I commend the recent work of Daniel Levi (Brokerman Dan) on Mkango Resources (MKA) where the old rogue is bang on the money. Mkango is truly worthless.
1827 days ago
I explain why there was no bearcast yesterday. Then I look at the allegations made by Brokerman Dan against Nostra Terra (NTOG) and its CEO Matt Lofgran. Nostra did itself no favours at all but insists it has done nothing wrong. I tend to believe it however... Then I look at Marechale (MAC) Servision (SEV) and Vislink (VLK)
1864 days ago
I guess when serial bank robbers accuse you of fraud you must be doing something right. And that is exactly what happened yesterday when we slated the latest bailout from Piece of Crap Golden Saint Resources (GSR) which seemed to anger Brokerman Dan Levi.
1878 days ago
Brokerman Dan has sent me an email saying he hears I am ramping Mkango Resources as I have taken shares. For the avoidance of doubt I'd rather suck Daniel's cock than get shares in this insolvent piece of crap. Actually I would not but you get my general view. Nine days ago I told you to "avoid this like the plague". If that is ramping I am a banana. I can only conclude that Mr Levi is, for some reason, hearing voices.
1899 days ago
Post the Dragon's Den sessions we found ourselves owning shares in Berkeley Energia (BKY). Steve and I reckon these shares are worth at least 45p, watch the video to see why we are so excited. Incidentally when we first tipped them at 20p, Brokerman Dan Levi said this was a rotten tip and stuck the knife in. Time for an apology Mr ex bank robber?
1904 days ago
In three days I shall be at the Greek Hovel with the snakes, losing weight as I engage in manual labour, leaving Steve in charge. Today I deal with silly emails from Brokerman Dan Levi. Plus ca change. In today's podcast I look at Metal Tiger (MTR) and Conroy Gold (CGNR), a company that really needs Metal's Midas touch. I look at Marechale capital (MAC), Fitbug (FITB), Arian Silver (AGQ), Wishbone (WSBN) and in detail Servision (SEV). And I have had a complaint to the FRC rejected. Drat.
1906 days ago
Today's Bearcast contains bad language. Brokerman Dan Levi is not the only four letter word used. In it I cover Avocet Mining (AVM) and Waz Shakoor, Rose Petroloeum (ROSE), Outsourcery (OUT), Golden Saint Resources (GSR), Wishbone Gold (WSBN) and bullshitting by Brokerman Dan, New World Resources (BWR), African Potash (AFPO), the china fraud Jiasen (JSI), Blenheim (BNR) and Andalas (ADL) and bullshitting by Flip Flop Ben Turney, Big Gib and other rampers. As ever they are talking cock.
Postscript: I now have Wishbone Gold on the record. No placing is underway. It looks like the bank robber wins today's bullshitting contest.
1925 days ago
Dave Whitby of Anadalas (ADL), what was once uber ramp CEB, should be in prison for his crimes against AIM. I have linked at the side of ShareProphets to an article by someone who was in prison once, Brokerman Dan, on Andalas and the old bank robber is bang on the money. In five days this company could be booted off AIM. It wont, I think, but will survive only by doing things that stink to high heaven. I also discuss today's Project Fear lie, this time on fuel prices
1936 days ago
City law firm Pinsent Masons acted for Sefton Resources (SER) as it attempted to gag myself and Brokerman Dan (Levi) from exposing the fraud at the heart of that company under Jim Ellerton. We stood up to Pinsent Masons bullying and won that libel case. Sefton caved, Ellerton was fired and we had our costs and damages paid by Sefton. Now I have obtained a leaked email which shows how Pinsent Masons partner Russell Booker urged Sefton to make fraudulent internet postings to discredit myself and Dan. Pinsent Masons claims to be an ethical firm. How can it be ethical if it does not fire Booker at once?
1966 days ago
Last year in ADVFN's financial services awards the share blogger of the year was Dan Levi, Brokerman Dan, aka the business partner of ADVFN head honcho Clem Chambers. Natch I was gutted not to win so what about this year. Shucks. The awards were announced this morning and once again I am not even mentioned. Double shucks.
The blogger of the year is Robbie Burns who wrote a best selling book about 15 years ago. His website appears to feature a new diary entry about once a month. These days Robbie earns his living charging an arm and a leg for his trading courses. He who can does he who cant teaches but am sure it is different for this guy. Anyhow well done Robbie. Maybe if I stop breaking the biggest stockmarket frauds on a regular basis and cut down to one article a month I might win next year?
I note that Robbie is in good company in the award winners. The best research analysts are Edison. You mean the folks who are paid by companies to churn out shite bullish notes to ramp stocks ahead of placings? Yes indeed,
2000 days ago
Yes one of the three is Brokerman Dan. Some of you may not feel the greatest of sympathy for him but when he and others ponied up a total of £4.2 million at 2p for what they were told was "seed financing" for Lenigas Cuba (CUBA) they were not told that at the same time David Lenigas and two pals were getting more than 50% of the equity in this POS at just 0.01p. That funding was the seed capital and Levi and others were fleeced.
2011 days ago
I am not in a good mood. Is this more to do with the reaction to Brokerman Dan's piece here yesterday or an impending trip to the Grim Northern welfare safaris to see the mother in law. Anyhow this podcast contains a lot of bad language. I discuss Daniel's contribution. The market was in a good mood yesterday and thus a number of wholly irrational share price spikes get covered: Mosman Oil & Gas (MSMN), XCite Energy (XEL), Condor Gold (CNR) and especially Highway Capital (HWC) which I cover in detail. I also explain why I remain bearish and comment on Aureus Mining (AUE) which announced a "strategic review" i.e. it is totally fucked.
2081 days ago
I can only conclude that my old pal Brokerman Dan must have been on the legal highs yesterday as he tweeted out the breaking news that flip flop Ben Turney had been sacked as editor of ShareProphets. Ben has not been fired.
2091 days ago
On today's podcast I start with a couple of risers: Berkeley Energy (BKY) - where's my apology Brokerman Dan? And Optibiotix (OPTI) - you know I am not totally useless at long tips. Then onto the losers: Galasys (GLS), TyraTech (TYR), Northern Petroleum (NOP). Then it is Golden Saint Resources (GSR) where I also try to help out hapless compliance officer the Northern Slum refugee Richard "Gollum" Gill by explaining the rules about a financial promotion. I missed out FastJet (FJET) - down on weak passenger data, can anyone remember anyone involved in its IPO who might be a red flag? Then I turn my attention to David Lenigas, the boiler room and Inspirit (INSP).
2101 days ago
For the avoidance of doubt I am stone cold sober in writing this. I had a small glass of wine last night but just one. I say this because I now say that Dan Levi (Brokerman Dan) has made a valid point about the Sefton (SER) debacle.
2138 days ago
It is now certain, following the shock resignation of Raylene Whitford, that Sefton Resources (SER) will soon be run by Clem Chambers and Mike Hodges at the behest of Brokerman Dan and market abuser Chris Oil. Nomad Allenby will quit the day the new consortium takes charge meaning Sefton will be booted off the AIM Casino unless a new Nomad steps forward. So which Nomad wants to commit reputation hara-kiri?
Mr Oil says he has already secured a Nomad. Mr Chambers seemed less sure when being monstered by Justin the Clown on a recent interview. So who will act for Sefton? We ask you to vote in our latest reader poll. Deadline Sunday Midnight:
2139 days ago
For once I agree with former Comrade bank robber Brokerman Dan. If a company pays a writer such as Malcolm Graham Wood to write "research" he must declare it. This podcast also covers Techfinancials (TECH), Fitbug (FITB) and Motive TV (MTV)
2142 days ago
As you know I try to gain a real cultural understanding of life in the grim Northern post-industrial welfare safaris by watching Corrie. But even after this crash course I am still sometimes at a loss.
2191 days ago
The Sefton Resources (SER) market abuser Chris Oil has given Ben Turney and ShareProphets a “final warning” that he must not ask any more questions of him or write articles about him or he and this website will be reported to the Police. Yeah right.
On Saturday Dan Levi, aka Brokerman dan, aka David John Hopkins, stated that trusted people knew about his past as an armed bank robber. Given that Mr Oil
2191 days ago
The Mrs hails from the Grim Northern post industrial wastelands and so to keep in touch with life in the welfare safari is an avid viewer of Coronation Street. I admit that I was watching two episodes last night as a refresher course on what life is like in the slums of Manchester. And that brings me to a few comments on today's other Manc Soap, the strange tale of Brokerman Dan. Then it is onto Gate Ventures an ex AIM Casino fraud which has put out the most amazing announcement this morning and that is the main point of this podcast. Roland "fatty" Cornish I hope you are listening.
2192 days ago
I knew about this last week, but yesterday afternoon ex Sefton (SER) boss Brokerman Dan (Dan Levi) outed himself and revealed that he had in a former life spent 16 years in high security prisons for a variety of offences some involving firearms. Essentially as a young man he was a member of drugs gangs in the slums of Manchester. He is now coming clean, I believe, because he got a call from a National Paper asking for comment about a story it was planning to run.
You might expect me to slate Dan or David John Hopkins
2201 days ago
Foxy PR bird Stefania tweeted a photo of Brokerman Dan (Levi) setting up a desk in the offices of ADVFN. Foxy Steffi is the PR spinner for ADVFN. We used that photo tweeted to the whole world in an article yesterday HERE
2201 days ago
Last Friday it was announced that Dan Levi (Brokerman Dan) and the market abuser Chris Oil (HERE, HERE and HERE) had upped their stake in Sefton Resources from 9.4% to 10.2%. Sources tell us that this is a prelude to them calling an EGM to ditch the board and install Clem Chambers & Mike Hodges of ADVFN as directors with Levi as a consultant.
Talking of installing, Levi now appears to have an office at ADVFN. And Chris Oil’s foxy PR bird Stefania (formerly PR to Sefton) is now doing ADVFN’s PR. What a happy bunch of campers.
2220 days ago
Brokerman Dan feels that this website has slighted him in suggesting that after a flurry of bullish tweets on Sefton Resources (SER), he and his little friend Chris Oil sold their shares last week. Dan Levi insists they have sold none. Okay.
In the past Chris Oil has sold shares in Sefton on the same day as he tweeted that folks should buy. But 2+2 does not always equal 4, as the great Rob Terry would say. I take Levi at his word and thus I am happy to apologise on behalf of this website and I look forward to a complete lack of RNS’s on this matter to 100% vindicate my old friend. However…
2221 days ago
On Thursday Raylene Whitford, the FD and only executive director at embattled Sefton Resources (SER) was asked about the possibility of boardroom change and stated that "The last thing Sefton needs is another person in the company trying to line their pockets”. We asked you who you thought she was referring to. You were in no doubt.
2228 days ago
On Friday Sefton Resources (SER) received an email from Daniel Levi, aka Brokerman Dan, requesting that it make wholesale boardroom changes. Levi states that he wishes to spare the company the uncertainty and cost of an EGM and so has made this approach to avoid such unpleasantries.
2228 days ago
Brokerman Dan (Levi) and the market abuser Chris Oil are letting it be known that they are going into Sefton Resources (SER) to "save it" by calling for boardroom change. With their known associates among the bulletin board moron and PR totty community I am sure they already have 10% of the enlarged equity and could call an EGM. Dan has already told me by email that he wants to oust directors. Questions questions.
2253 days ago
A long chat with Brokerman Dan, the crony capitalist resident of the Manchester Slums this morning has resulted in a new declaration of peace in our time. We only await his ordering of a nice big celebratory cake from Northern Ireland for the deal to be sealed. We still disagree on a few things, notably the actions of market abuser Chris Oil.
2266 days ago
The share blogger of the year Brokerman Dan is calling on investors to boycott ShareProphets because we accused him of over-promoting Sefton before dumping most of his shares (five days after tweeting It's back to the rumour mill on #SER for me chaps! Am I selling? Not on your life. Tick! Tock! Goes the Stryker clock!) and for pointing out that his pal Chris Oil committed blatant market abuse bt tweeting bullishly as he dumped ALL his Sefton stock. Whatever. IF YOU SUPPORT MARKET ABUSE PLEASE BOYCOTT THIS SITE AND BLOCK BOTH OF US ON TWITTER. However Dan makes a few other points.
2266 days ago
That crony capitalist Brokerman Dan is today exposed as a pump and dump merchant in Sefton (SER) is horrifying enough – see HERE. But now mad blogger Chris Oil of New World infamy (HERE) is show to be quite frankly guilty of market abuse. This is shameless and revolting.
2267 days ago
So much for all the talk of big deals. So much for those assurances that the shares were heading to 1p. So much for the requests to “get behind us” from crony capitalist Brokerman Dan. The man who learned all about stock pumping from the great David Lenigas, has today dumped 60 million of his 86 million shares in Sefton Resources (SER) sending the stock sliding by 25% to 0.27p. This stinks.
2270 days ago
When I left in February I tried to buy two cans of snake repellent to keep the 27 varieties of Greek serpent away from the Greek hovel. The man at the hardware store said “there is no point as they are asleep, when are you back?” I said May. He said, do not worry they do not wake up till June. What he meant was “I have none in stock.”
2276 days ago
Give the many admirers that my morbidly obese three legged cat Oakley has (well Brokerman Dan at least) it is time that the old boy got into social media and so as of today his very own facebook page has gone live. If you want to "friend" the creature also known as Benefits Street, you can do so here
2280 days ago
Old Sefton run by Jimmyliar Ellerton responded to criticism from myself and Brokerman Dan – in the days when he was a journalist not a crony capitalist – with a smear campaign sanctioned by Pinsent Masons ( as you can see HERE). Sefton may be changing its name to Stryker but the own goals and old habits continue.
I think Sefton’s shares have been ramped in an orchestrated manner and are ludicrously overvalued and have been happy to say so – notably here. With a false market the stock should clearly be suspended on the AIM casino.
2286 days ago
Comrade Brokerman Dan seems to have taken offense at my earlier podcast about the end of his career as a crony capitalist as boss of Sefton Resources (SER). I send this postcard to my friend with respect. Do not deny others an opinion. I praise you mightily for what you have done but I criticise today's payoff of £50,000 and explain why it is wrong.
2286 days ago
With a fifty grand golden thank you my pal Brokerman Dan has ended his career as a crony capitalist at Sefton Resources (SER) after just two months and twenty days. Back in the welfare safari of the Manchester slums that £50,000 will go a long way, just think of all the rats you can buy to feed the kids a roasted treat, think of all the crack and illegal cigarettes you can ship in to sell at the school gates. I imagine that Dan now has enough to buy half the sink estate. I discuss Dan's payoffs, lessons I am sure he has learned, CEOs on twitter and where this leaves Sefton.
2292 days ago
If you are up in London for UK Investor show on Saturday and fancy a quiet and relaxing evening beforehand do not bother reading on. But if you fancy a drink and a pizza with new Sefton (SER), aka “mancslumboy” Brokerman Dan, Clem Chambers of ADVFN and their uber-foxy PR bird plus a sprinkling of ShareProphets writers and other CEOs attending the show, all will be gathering from 6 PM
2334 days ago
I start with admin matters: I shall be served with an injunction by Aiden Earley, shadow director of the fraud Worthington at 4.30 PM and have a few snippets of bad news for Aiden. I congratulate Brokerman Dan on being named the share blogger of the year. Then to business. In this podcast I touch on Quindell, Move onto William Sinclair, Jiasen ( a China Norfolk), Tern, Sareum and Afren.
2344 days ago
If life at AIM's most entertaining stock could not get any more bizarre we learn today that my pal Clem Chambers, the boss of ADVFN (AFN) - our business partner - has joined Brokerman Dan on the board of Sefton Resources (SER). Clem is not an oil man but will no doubt offer Dan valuable guidance on corporate governance issues.
Meanwhile Sefton (net assets minus a few quid) has raised £900,000 from lucky clients of Cornhill at 0.55p and a few more bits of confetti to clear some of the liabilities left by Dan’s predecessor Jimmyliar Ellerton who had to fall on his sword after he sued Dan and me for libel for calling him a lying crook. Jimmyliar’s great problem in that case was that we were bang on the money.
Dan Levi says
2346 days ago
On today's podcast I look at Quindell (long time no speak) and Afren - the calm before the storm next week. I also look at Berkeley Minerals and at Solgold, Pinnacle Tech, Tavistock Investents, Sefton Resourcces/Brokerman Dan and long term dog & Bulletin Board darling Iofina. And there is comment on naughty, naughty Gotham City Research.
2352 days ago
Anyone can set up a twitter account in minutes. And once on twitter you can shout out to the world what you want. Of course if you call a Police Horse gay, tweet a burning poppy or insult David Cameron the Old Bill might feel your collar if you happen to live in Airstrip One. But if your sole purpose is to insult non-celebs (i.e. Tom Winnifrith, rather than Tom Daley) you can tweet pretty much what you please.
And so it should be. I support free speech to the hilt. Some of the interventions by the Old Bill are disgraceful, a matter I have highlighted here before.
But free speech does not mean that I have to read what folks tweet.
2367 days ago
In response to popular demand (The Mrs, Mu, Darren, Martha and Brokerman Dan) I bring you a short video of my morbidly obese three legged cat Oakley taking his morning exercise and negotiating the (extra large) cat flap.
2367 days ago
Brokerman Dan has called in from the Manchester Slums to say that he is not earning £1 a month as the saviour of Sefton Resources (SER) but will be the lowest paid executive on AIM earning just £1 a quarter. Even by the standards of the welfare safari park known as Moss Side that seems a trifle low but we at ShareProphets care and so our writers will tomorrow be gathering in Clerkenwell to record our latest Charity Single #FeedTheSlumBoy. All proceeds from the single will be sent direct to the deprived folks on the welfare safari. Once again with apologies to Bob Geldof & Midge Ure:
2368 days ago
There was a spate of announcements at No-one is watching O'Clock yesterday. But I was watching and so this podcast covers Worthington, Speymill, Sefton & Brokerman Dan and Afren. Moving on I look at legal and other silliness by companies including TXO and the Big Dave Lenigas vs Doc Holiday Stellar Resources affair.
To get your free copy of my new book 49 Red Flags sent to you today fill in the form HERE
2369 days ago
Dan tipped me off on this and it has just been announced. Mr Levi is to join the board of Sefton Resources (SER) the company that sued him and me for libel (and lost). Dan is to identify new opportunities to take the company forward. And it gets weirder still.
2379 days ago
My wife, a lifelong devotee of Coronation Street was naturally devastated about the death of Anne Kirkbride who played Deirdre Barlow in Coronation Street. This tragedy was not reported in her paper of choice, the Guardian, so it was left to me, skimming the red tops at the tobacconist, to break the sad news to her.
As I have admitted before, I have started watching Corrie myself to get an insight into what life is like in the grim, frozen post-industrial welfare safari park that is the North of England. As far as I can make out about one fifth of the population is a homosexual, most folks are on welfare but the rest earn their living selling drugs, selling stolen goods or shipping stolen goods in white vans while a few work in factories making underwear. Everyone in the North lives in a house with a partner and some kids who belong to one half of another couple living elsewhere down the street. And someone gets murdered in the street every six months. It is all very baffling.
But now I read of “the pusher” a serial killer
2434 days ago
On top of my fireplace at the Greek Hovel in a picture I published the other day is a large bag of white powder. At once the self-styled Northern Barons my good pals Doc Holiday and Brokerman Dan were tweeting in a frenzy that I had a large stash of coke with me. Dan reckoned I was going to dose my Albanian workers tomorrow and get the olives harvested at record speed. I am sorry to disappoint the Northern gits.
For behind the bag is a box marked Tide. This is a product called “washing powder” which in the South of England we use to wash our clothes. In the North I guess they just hang their shell suits out in the rain until they are marginally less grubby and then leave them to dry next to the pigeon loft. The next time that my good friends trek down from the welfare addicted wastelands of the Grim North I will try to explain to them what this is all about.
The picture below is of the washing powder but also a larger bag of yellow powder which is Sulphur which I use on the edge of the garden to keep snakes away. For readers in the Grim North who might not understand what a snake is it is a bit like a Quindell shareholder. That is to say it has a small brain but some varieties are poisonous and no-one likes any of them. The only difference is that snakes can be worth a bit of money.
2465 days ago
In my weekly personal video postcard I look at the issue of the EU’s money grab on Britain, why UKIP is not the answer but why leaving the EU is.
In my financial video postcard I look at the kerfuffle and all the allegations about David Lenigas, Brokerman Daniel, Horse Hill. Neither of the two men are angels. For the avoidance of doubt neither do I claim to be a saint. However both Lenigas and Dan have come in for unfair stick in recent days and I explains why some of that criticism is so wide of the mark.
Yes both men are my friends but if you do not stand by your friends when they are under siege you are no friend. And some of the attacks made are well out of order. That video can be watched HERE
2555 days ago
Doriemus (DOR) became an oil company via a RTO of AIM listed TEP Exchange. On Friday it was announced that the TEP business is to be sold to managers for £1. My friend Brokerman Dan (Dan Levi) reckons this is a gross cheek and says he is bidding £1000.
Dan is right about most things. On the matter of Middle East politics he stands firmly with Hamas whose formal charter talks of sweeping the Jews into the sea and which last week described Jews as cockroaches. He is profoundly wrong on that matter as I explain HERE. He is also wrong on Doriemus and the sale but on pretty much everything else he is correct. And I should say that the self appointed spokesman for hs fellow Manchester slum dwellers is generally a thoroughly good chap.
In 2012 TEP
2577 days ago
Results yesterday from Sefton Resources (SER) were predictably dreadful. The silver lining shareholders had hoped for was that after December 31st 2013 ex-boss Jim Ellerton would no longer be a drain on this AIM Cesspit posterboy. However, it seems not. Jim is still trying to relieve Sefton of any cash it might have. The man has no shame. I call on the current board to take steps towards trying to ensure that Ellerton goes to prison where he belongs.
As a reminder: Ellerton was forced to leave the Sefton board by the toothless AIM Regulation team which deemed him not to be a fit and proper person to sit on an AIM board and boy there is a low threshold there.
That came after I revealed that Ellerton was either a perjurer or had been using company funds for his own purposes or both – see HERE.
The AIM team should have booted him out well before for lying about output numbers and many other matters over many years and then raising money on the back of those lies. Ellerton was a conman and a liar and should have gone to prison.
Of course Ellerton compounded his woes by using vast amounts of shareholders cash to sue me and Brokerman Dan for libel last year for calling him a liar and a conman. And we all know how that turned out don’t we. Smiley face. Smiley face. Smiley face.
And so as at December 31st the grossly overpaid old liar left Sefton under an agreed compromise settlement agreement. But it appears that the old rogue has not gone back to his luxury Hawaii mansion to spend more time with his foxy wife Carol. Sefton is essentially bust but Ellerton wants more
2663 days ago
My good friend Dan Levi, broker man Dan, was on Thursday released from prison having spent seven weeks there on remand. He was cleared of all charges in court and has a formal “Not Guilty” record sheet. I hope he will now go after the Old Bill for compensation. I have known where Dan was “residing” for some weeks but have stayed schtum until now to protect his family.
2705 days ago
We are ringing the changes at The UK Investor Show on April 5 in Westminster. One big change is the introduction of the bloggers café – a special area where writers like Brokerman Dan, Doc Holiday, Malcolm Stacey, Malcolm Palle from Mining Maven, Robert Sutherland Smith, Steve Moore and myself will spend much of the day, blogging, tweeting and just chatting to anyone who wants a chat over a coffee. Hopefully my fave Tory blogger Charlotte Argylle will also join us at the cafe.
Of course we are not the main attraction but this is another reason for you to book a seat at the UK Investor Show this year -. Why book in to attend?
* A top location: the QE2 Centre in the heart of Westminster
* A cracking line-up of big name presenters. Nigel Wray, Mark Slater, Evil Knievil and I am back from 2013. But we are joined this year by 40 other speakers including Terry Smith, the tech queens Vin Murria and Cassandra Harris; Mining gurus Amanda van Dyke, Dominic Frisby and Matt Suttcliffe and blogger supremo Paul Scott and now the Blinkx Destroyer Ben Edelman.
*Real variety – main stage sessions on value investing, Bitcoins, mining investing, crowd-funding, tech investing, oil & gas, shareholder activism and much more
*Better and more exhibiting companies. Last year 50 companies attended the UK Investor Show. This year we already have 90 booked in and counting – the latest booking came just today: Tangent Communications (TNG) - a very profitable AIM listed media company. And most of these PLCs will also do a 20 minute presentation in smaller side room for those who really want to know more.
You can get full details of the speaker line up HERE
You can get full details of the main stage presentations HERE
You can get full details of the exhibiting companies HERE
Already well over half the seats for this event have been booked with 4% of the tickets going yesterday alone!
To book your ticket go HERE
I look forward to seeing you on April 5 in Westminster
2843 days ago
I had thought of retiring from the AIM Cesspit exposing game for good. Or at least taking a few months off. Indeed that was my mindset until the end of last week. But things change…Daniel Levi (Brokerman Dan) and myself have chatted at length this morning. We have dusted down the Armalites and the snipers are back on duty.
2885 days ago
Jim Ellerton was toast the moment his sworn under oath deposition from Dillabaugh vs Ellerton fell into my paws. Late last night the 200 page transcript of that case arrived with myself and Dan Levi. We are still analysing it in full so won’t publish it yet but if Jimmyliar thinks it will could have saved him he is wrong.
As ever you really have to ask why Dan and I get documents that the AIM Team, and the fuckwits at Pinsent Masons do not have. Both have asked us to hand them over but how about for once the scumbags do the job they are grotesquely over-paid to do themselves rather than scrounging off poor journalists in such an unseemly fashion.
In court, as under deposition, Ellerton claims that he does need to repay monies he borrowed from Dillabaugh (and Dillabaugh’s young daughter Lisa) because of the offsets – benefits Gary received because Jim got him a job at Sefton.
2887 days ago
I am not sure that those singled out for praise will appreciate it coming from me. Neither will those who receive rightful opprobrium in what follows – my mind this afternoon turns to the world of financial PR. The dark side.
2892 days ago
The Pinsents Masons enquiry into Jim Ellerton just got a bit longer thanks to Dan Levi’s smoking bazooka revelation of yesterday which means that without ambiguity one can say that Jim Ellerton is a liar and a criminal. The only question is what sort of criminal? I discuss below where Jim will be prosecuted and for what and what this means for Sefton and me.
2893 days ago
In light of the dynamite revelations from Dan Levi this afteroon HERE I have made a few adjustments to the Undertones classic Jimmy Jimmy and republish below
If you need a reminder of the classic original which has to be part of my all-time 200 the video is below:
With apologies to the Undertones:
Little Sefton boy
He was very very old
It took thirteen long years
To find what he had stole
Jimmy Jimmy - Oooh
Poor little Jimmy wouldn't let go
He'd stay awake at night
Lying in his bed
No one ever listened
To a single word he said
Jimmy Jimmy ...
Such a silly boy
Jimmy Jimmy ...
Now little Jimmy's gone
He disappeared one day
But no one saw the prison van
That took little Jim away
2927 days ago
My comrade Brokerman Dan urges me to read an article in The Guardian about “The hidden Greece – the Cyclades” There are a number of reasons why I shall not do that. And the main one is that this is not the Real Hidden Greece
There is of course the obvious point that anything in the Guardian is by definition rubbish. I cannot think what a sensible fellow like Dan is doing polluting his mind in this way. But then there is the corruption of travel writing. The economics of travel supplements are thus:
1. Journalists are often flown out by a Tourist board to be taking on a lovely jolly. It is not in their interests to write bad things or they will get few invites so they usually write sycophantic crap.
2. Supplements make money by selling adverts. Any region which has a stack of people able to afford to advertise in the Guardian is by definition not hidden but developed.
As it happens the Cyclades are well work tourist destinations. So how about this as a “hidden Greece” trip:
2938 days ago
Over on the ADVFN Sefton thread it appears that one or two folks have a few bad things to say today about Jim Ellerton and Sefton Resources (SER) following Brokerman Dan’s shocking new revelations (which you can read here) and my own expose which you can read here.
But Sefton has its defenders. Jellyman 2 lashes out at one critic with this post:
To have contempt for je and sefton is fine, IF you are a holder and are loosing ££££'s. But to spout bollox and ridicule people for losing money shows what small minded, lowlife animal fuckers you really are!!!!!! and all because your gay lovers bmd and tw ARE too SCARED to post here.
Cripes. I think I am pretty open minded when it comes to sex. My partner is after all from the Grim North and is a Guardian reader. I mean how frigging tolerant does that make me?
But a gay threesome involving Dan Levi and some unnamed BB poster? Dan is a very nice fellow but there are limits to my metrosexual liberal open mindedness.
But what is it with BB Morons that they think that being gay is some sort of word of abuse? You will remember that some other BB Moron insisted that I spent my life in gay bath-houses (I have never been to one in my life, for the avoidance of doubt).
There is nothing wrong with being gay. It is not an insult. It is not something to be ashamed of. Now outing yourself as a Sefton shareholder on the other hand… yuk. But I suppose Sefton shareholders are adults who have consented to being financially buggered. If that’s what floats their boat…
3000 days ago
I revealed some weeks ago how AIM Cesspit listed oil company Sefton Resources (SER) had instigated a smear campaign against its two principal critics, myself and Daniel Levi (aka Brokerman Dan). It is suing us for libel but has also engaged in underhand smear tactics. This has backfired as the Daily Telegraph has now confirmed to my comrade Mr Levi who, how and when Sefton played this sordid game.
As such I can reveal that Dan Levi will be filing a Solicitors letter with Sefton within days seeking a public retraction and potentially leading to a claim for vast damages for defamation. He has already agreed with Sefton’s uber-expensive City lawyer Pinsent Masons how this will be served.
Ooooh that Dan plays hardball. He is such a gritty Northern hard man.
I am, of course, a really nice guy and like to handle things on an amicable basis.
And as such I have simply dropped Sefton boss Jim Ellerton a friendly note
3002 days ago
I reported some weeks ago how Sefton Resources (SER) had tried to smear its critic Daniel Level (aka Brokerman Daniel) who is – like me being sued for libel by the joke AIM company – by planting an untrue story in the Daily Telegraph of January 29th.
The story suggested that Dan was being beastly to Sefton as he was short. The Daily Telegraph has today apologized to Dan and withdrawn the offending article on the grounds that it was untrue.
But it gets better.
3029 days ago
Sefton Resources (LSE:SER), the tin pot oil company that its suing me for libel because I pointed out how on a serial basis it has misled investors ( down 99.9% since IPO) over the years admitted after hours (5.44 PM) yesterday that it misled investors 24 hours ahead of a placing last month – as I flagged at the weekend. It now wants us to move on and yet again promises a brighter future.
I find it hard to see how this admission, dragged out of it by myself and Brokerman Dan will add to its credibility in the forthcoming trial and I cannot see how AIM can let this go unpunished. So what is the guilty confession from Sefton?
3034 days ago
Under the UK’s libel laws if one is served with a libel writ one must file your defence with the High Court but also with the Plaintiff or whichever lawyer is acting for them. And so this morning Brokerman Dan sent his 1200 page skeletal (i.e. there is more to come) defence over to Helen Skinner, the lawyer at uber-expensive City firm Pinsent Masons which is acting for Sefton Resources.
Oh dear. Ms Skinner replies that Pinsent Masons systems cannot cope with an XPS or text file (they are “not compatible with our systems”) and so can Dan reformat as a PDF or send over a hard copy? I doubt that he will. He is not obliged to. My super cheap laptop can open an XPS or text file and so with Partners at Pinsent Masons on a charge out rate of £750 an hour I suggest that they splash out £420 on a cheapo laptop ( with all licenses) at PC World.
This begs a further question? Will Ms Skinner bill Sefton for her time in sending a letter to Dan ‘fessing that her firm’s IT systems are not as capable as my £420 laptop (with full licenses) from PC World. Pinsent Masons normally charges for a minimum of ½ hour slots and so if Dan can keep this conversation going for another couple of emails then Skinner can trot down to PC World buy the laptop and effectively stiff Sefton’s lucky shareholders with the bill. Problem solved.
Do you think I should invoice Pinsent Masons for my consultancy on this matter? Er that will be ½ hour at £750 an hour – call it two snotty emails to Dan on behalf of Sefton. I cannot say fairer than that.
Of course Pinsent Masons also earns large fees acting as company secretary to Sefton. I shall be turning to this matter and claims made on the Sefton website next week. Watch this space.
3042 days ago
My own defence against the spurious libel claims made against me by joke oil company Sefton Resources (LSE:SER) went in weeks ago. But today I have the good news that Brokerman Dan has filed his defence. It forms only part of his argument but already runs to 1200 pages of documents which poses an interesting question for Sefton, as Dan promises me that he has far more to come.
Uber-expensive City lawyers Pinsent Masons will now have to read every single page of Daniel’s submission. And its charge out rates are, I believe £500-750 an hour. Having read it all in detail missing nothing out it then has to submit its own response
3045 days ago
AIM listed oil stock Sefton Resources (LSE:SER) is suing me for libel - it wants to shut me up. As this process drags on I shall under disclosure rules be asking for an awful lot of documents and emails as, I imagine will Brokerman Dan who is also being sued by Sefton and its uber-expensive City lawyers Pinsent Masons. But to save Sefton some time later, there are some matters relating to its pipeline assets in Leavenworth County Kansas which its paid for cheerleaders at Hardman, Edison, etc. have flagged as having exciting upside about which I ask the questions now. It goes without saying that these assets are - despite what Hardman, Edison tell you - essentially worthless and here is why.
3051 days ago
I see that myself and Brokerman Dan have now been labelled “The gruesome twosome” by Bulletin Board Morons on Sefton Resources threads. I wonder am I really gruesome? I am certainly not a twosome.
I am not a twosome in that Sefton has launched separate libel proceedings against myself and Dan. He is my friend but he has made certain claims which he is defending and I have made others which I am defending. Lucky Sefton shareholders get to pick up the tab for two totally different cases.
Am I gruesome? Well possibly in many respects I am. The word is derived from a Middle English word meaning “to make one shudder” and is defined as “Causing horror and repugnance; frightful and shocking.”
Physically I am not everyone’s cup of tea but on balance I reckon that is a bit harsh. And so I guess this is a reference to what I am writing on this company. Is what I say shocking? To those who have stick their head in the sand for a decade losing 99.97% of their investment while management has trousered millions I suppose some of my revelations about the history of Sefton’s assets, misleading RNS statements on production, executive pay and the location of Jim Ellerton’s luxury Hawaii mansion must be shocking. It must cause horror for Sefton believers to discover the truth and for its management to be exposed. Being a Sefton shareholder must be frightful per se.
Repugnance? I think that is a tad strong. But I suppose The Sefton Board won’t be sending me any chocolate eggs this Easter so maybe they feel repugnance. But if I was a Sefton shareholder (and I am not and never have been) my repugnance would not be with a journalist who has been writing about this company for eight months exposing its skeletons but for the management that has spent ten years creating those skeletons.
3054 days ago
As you are aware AIM listed joke oil company Sefton Resources (LSE:SER) is suing myself and my pal Dan Levi (Brokerman Dan) for libel. We cannot wait for our days in court as this is getting more amusing by the day.
A day or so I asked Sefton the simple question – how many flights to and from Hawaii (where Jim Ellerton lives in a luxury mansion) have been paid for by Sefton? The answer could be nil and if so I would have hoped for a speedy reply. I have had no such reply. Perhaps shareholders might have more luck putting that question to the company directly- I suggest calling its PR man Alex Walters on his mobile 07771 713608 - good luck.
But I now have a few more questions and this time I move from Hawaii where Jim spends his millions to Kansas and Leavenworth County where in 2009/10 Sefton ponied up a total of $215,000 to buy some gas pipelines.
3066 days ago
Long term readers will know that my relationship with the Daily Torygraph City Diary has not always been of the friendliest variety. First there was gorgeous pouting hackette Anna White but when she left her shoes were filled by Fleet Street kitten Harriet Denys. Neither has been exactly kind to me and so when I learned that this column was to write a piece on my little spat with Sefton Resources ( the company that says its output is going up when it was in fact falling and now sues me for libel for suggest that this might be misleading) I naturally feared the worst.
Oddly Ms Denys did not actually call me for my side of the story. Last time she covered Sefton she claimed that Brokerman Dan was only being brutal because he was short of the stock, citing sources, i.e Sefton’s loathsome PR machine, for this utterly defamatory and unfounded allegation of market abuse. And so I thought I better call pouting Harriet to put my side of the story.
I pointed out that Sefton had said output was rising when it was falling as it prepared to raise money by issuing shares. I asked her if she thought this was misleading? She admitted that she did. Clearly I must call her as an expert witness in the forthcoming libel trial.
Do I expect a fair report in the paper tomorrow? Er…no. I am sure that Sefton’s PR machine is far more charming than I am. And for the Telegraph City Diary to be even balanced towards me would break the habit of a lifetime.