Clive Carver

47 days ago

Satsuma – it is all in the timing ( or lack of it)

Few things have filled me with more disgust than events this year at Satsuma (SATS) where I am, of course, a loyal shareholder. The company has now committed to cutting its costs back to the bone, delisting and returning most of its cash to shareholders. Having bought its bitcoin at the top it goes without selling that its sold its bitcoin on July 31 , i.e before the recent sharp rally. Timing is everything.

101 days ago

Satsuma – most disappointing, who's to blame for another City theft of punter wealth

Steve and I tipped this stock at 0.25p to buy. It is now 0.2p to sell. All involved should hang their heads in shame. Back in January shareholders in Satsuma (SATS) , revolted by the executive greed, and speaking for half the equity demanded wholesale boardroom change. But they were played. Chairman Ranald McGregor Smith and his sidekick Clive Carver have doubled their pay while pretending to cut costs and have delayed as long as possible demands that the company sell its bitcoin and return cash to shareholders.

154 days ago

Satsuma – SMTM, vindicated within 24 hours

Yesterday I suggested that you have a flutter on Satsuma (SATS) shares at 0.21p and indeed I drunk some of my own medicine at 0.208p. The shares are now 0.24p and rising as the brilliance of my call has already become apparent. I am, as you know, a modest chap but in point out how this was free money surely I deserve an ouzo?

155 days ago

SCOOP – Satsuma shareholders to sack board at AGM - time to buy shares!

Satsuma Technologies (SATS) today issued a trading statement which should be the career death sentence for 5 of the 7 man board. And I can reveal that at the AGM in three months' time, it will be.