Chronic Investor

91 days ago

Snubbed at yet another awards ceremony: this time it’s the Chronic Investor

I am gutted. I tell you absolutely gutted. Yet another awards ceremony is almost upon us, a chance for crony capitalists to go to an expensive dinner (ultimately paid for by mug punters like you and me, of course) and say what a jolly good job they are all doing. I was really hoping that I would be nominated at the Investors Chronicle awards on 27 November and now the short list is up. I thought I had a good chance in the category “Diversity and Inclusion Champion of the Year”

---

119 days ago

Anexo: tender offer oversubscribed, but the Reverend Weight and Richad Bernstein flag up what a disgrace this is ( as I did 4 months ago!)

Anexo (ANX) today says that shareholders have rushed to take up the 60p tender offer. They want out, they do not want unlisted loan notes controlled by a management team Allan Sellars and his ghastly Mrs Samantha Moss who are obviously prize turds of the highest order. The effective take private backed by DBAY is a shocking abuse of shareholder rights as I flagged up right at the start back in April, particularly in light of industrial scale share dumping at far higher levels by Sellars. It seems that others then came around to seeing eye to eye with old TW.

---

1508 days ago

TEK Capital - another Chronic Investor cock-up and a valuation that looks exceedingly full

TEKCapital (TEK) is on a roll. Its 15.1% stake in May AIM IPO Belluscura (BELL) has surged in value to be worth £15 million and to top it off Simon Thompson of the Investors Chronicle — in the past a great cheerleader for AIM listed China frauds — tipped the stock on Friday. But it seems Simon got his sums a bit wrong.

---

2183 days ago

Tom Winnifrith Bearcast: A lesson in maths for Roger Lawson and his crush at the Chronic Investor & Julie Meyer went missing at Legatum - why?

In today’s podcast I start with the latest joke journalism from Justin the Clown who still shows extreme cowardice and declining my challenge. I answer the question about Ms Lingerie on Expenses and the empty chair, with reference to the FCA. I discuss Big Dish (DISH) again and why NED’s do matter. I look at Mercia Asset Managenment (MERC) and the comments of Roger Lawson of ShareSoc and his fave Chronic Investor hack, explianing where they are both going so badly wrong. Finally a look ay Rosslyn Data (RDT), its profits warning, valuation and vain boasts of generating cash.

---

3869 days ago

Tom Winnifrith BearCast 2 May - New World & Aquatic Foods

Two looming scandals on the AIM casino -next week will be New World Oil & Gas (NEW) where it could be an explosive headache for ninth rate Nomad Roland "fatty" Cornish and then Aquatic Foods which the Chronic Investor reckons is a Red Flag free China play. Au contraire.

---