JubCap

1357 days ago

Just how much financial trouble is broker Novum in and how did it manage to feck it up in this market?

Broker JubCap, whose financial woes we exposed here, is now in administration. It is an ex broker and not one that the world will miss. So who is next? Well, all the signs are that Novum, the bucket shop which employs king spiv Jon Bellis and has Gavin Burnell of Globo infamy working there even though he is not authorised to do so by the FCA, is in the merde. I suggested 66 days ago that its financials were so bad that the FCA needed to have a look and, for once, it seems the chocolate teapots have done more than that, acting on what I exposed. I count this as a win for the Sheriff so it’s ouzos all round at the Greek Hovel today.  But how is Novum in such a mess?

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2972 days ago

Gavin Burnell Creation Sula (minus 97%), another keep the lights on placing - death merely postponed

I am sure that Gavin Burnell of Globo infamy has done okay from bringing this piece of shit to AIM but one suspects that other shareholders in the crappy mining no-hoper that is Sula Iron & Gold (SULA) have fared rather less well. And so today we see that via the kind offices of JubCap (broker to Chris Oil and other members of the elite) we have another keep the lights on placing.

Shares in Sula were off sharply yesterday. I cannot think why for a momet. Has anyone got any ideas? Care to speculate. And so today

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