Global resources Investment Trust

1586 days ago

Tom Winnifrith Bearcast: the scalp of 1 chairman claimed today now here are TWO More that I want ASAP and why

Thanks to Winnileaks I think the position of one of the two is now utterly untanable. The other is sunk by his own RNS. In today;s podcast I look at Iconic (ICON), Anglo African Oil & Gas (AAOG), Big Dish (DISH) and Silence Therapeutics (SLN). I also look at the FCA fine handed out to Kevin Gorman and suggest that David “Sam” Hutchins formerly of Global Resources Investment Trust (GRIT) deserves the same treatment for the reasons I exposed earlier in the year. 

1634 days ago

Global Resources Investment Trust - Jennings kicks the shit out of GRIT

Global Resources Investment Trust (GRIT) has finally acknowledged the Richard Jennings sack the board request for an EGM. But it is playing for time, banking unjustified salaries, and fails to grasp why the Align boss has such a strong case. Jennings has now issued a statement which we endorse completely, He writes:

1641 days ago

Tom Winnifrith's Bearcast: The shit at GRIT, Andrew Bell talks bollocks and why Funding Circle is a zero

In today’s podcast I discuss Global Resources Investment Trust (GRIT), Red Rock Resources (RRR) and Funding Circle (FCH). Warning this podcast contains some strong language.

1660 days ago

Tom Winnifrith Bearcast: I'm going to Oxford today and Neil Woodford I'm coming to see you

Yes Neil, I will be the guy turning up at some point today in a blue van at your luxury HQ to take some photos and maybe shoot a short video. My pal Nigel Somerville may be coming too. It will be good to catch up. See you later! In the podcast today I also look at Woodford Patient Capital Trust (WPCT), backing Richard Jennings at Global Resources Investment Trust (GRIT) and at Optibiotix (OPTI). I also receive complaints about my coverage of Neil yesterday. I despair.

1660 days ago

Exclusive: Sack the board EGM request tabled at GRIT

Global Resources Investment Trust (GRIT) of Sam Hutchins infamy has received a request to hold an EGM an sack the entire board I can reveal. Oddly it has yet to inform shareholders and so, as a good citizen, I bring this news to a wider audience.

1703 days ago

Winnileaks: Sam Hutchins and the GRIT share dumping cover-up: will the FCA do anything about it? (new evidence)

Yesterday, Global Resources Investment Trust (GRIT) issued a TR1 relating to the shareholding of Align Research run by Mr Richard Jennings. This demonstrates the extent to which former boss David “Sam” Hutchins went to to cove r up his own share sales in a closed period, a matter we raised HERE.

1705 days ago

Tom Winnifrith Bearcast: Sam Hutchins scoop admitted to by GRIT but not enough - public career hanging needed now

Global Resources Investment Trust (GRIT) has today fessed up to some of the shocking revelations on this website about its former boss David “Sam” Hutchins. A small ouzo for the Sheriff for hos breakfast is perhaps in order. But this is not enough. GRIT and its adviser, Peterhouse Corporate Finance, need to go to the FCA and ensure there is a public“career execution” for smug Sam as part of a zero tolerance approach to those who break the rules. I also discuss Malcom’s bonkers views on the housebuilders and what the Shoe Zone (SHOE) warning and writedwns says about commercial property NAVs, ref Intu (INTU) and Hammerson (HMSO) in particular. 

1705 days ago

BREAKING: GRIT – will you or Peterhouse be asking the FCA to investigate boss David “Sam” Hutchins? If not why not?

Oh dear. Oh dear. I have been made aware of certain actions by David “Sam” Hutchins the soon to depart boss of main market listed  Global Resources Investment Trust (GRIT). I know his fellow board members are aware of them and to them, and to new adviser Peterhouse, I ask “have you requested the FCA investigate and if not why not?” The allegations against City Grandee Hutchins are severe and if proven should be career ending.