17 hours ago
Silence is not an option. Or it should not be. I discuss Eco Buildings (ECOB), Kefi Gold & Copper (KEFI) and Technology Minerals (TMI), the Chris Cleverly sired baby of comrade Swann. I look at a proposed crowdfunding of its Recyclus operation. Why no RNS? How can the FCA allow such nonsense? What DD has Crowdcube done? Meanwhile Darren and I are working like demons on tomorrow’s bombshell exposes. Set your alarms for 8.10 AM. No public sector style lie-ins even if you do work in the public sector.
3059 days ago
Yesterday I flagged up the crazy valuation of Doorsteps.co.uk and how, egged on by some misleading marketing, it had managed to raise large sums on crowd funding website Crowdcube. Thus it now has cash - which it will burn fast on its flawed business model - but which will put even more pressure on prices and volumes at Purplebricks. Sadly it is not an isolated case. Meet I Am The Agent Limited.
3061 days ago
Yesterday I discussed Doorsteps.co.uk which claims that it will flog your house for £99. I now look more closely at its history and the utterly shameless way that Crowdcube raised £400,000 for it; at the fact free and unquestioning BJ's its 19 year old founder has received from Fleet Street and speculate about how bad its metrics really are. That it has raised cash so easily is bad news for Purplebricks as it is now funded to nibble at its market share and so will be others until they all go bust. But it will be too late for Purplebricks by then. I then have hot gossip on Telit (TCM) which shows up the FT's dictation from PR men taking hacks for the fools they are and reinforces the shorting case big time. I cover UK Oil & Gas (UKOG) and Conroy Gold & Natural Resources (CGNR), both need to place ASAP and in both cases it will be ugly. I also remind you again what UKOG is NOT saying.