248 days ago
I start with Christmas presents. Today I started to panic and will really pull my finger out tomorrow. Then onto news that the administrators of Patisserie Holdings (CAKE) chaired by my pal lucky Luke Johnson is to sue aufitors Grant Thornton over the fraudulent accounts it sign off on. This might see Lucky getting a windfall. Or rather a bit of his cash back. I discuss the whole affair
1305 days ago
The Boxing Day high street sales data was poor but what does this one set of data mean? There are bigger macro trends which should fill retailers with fear, I discuss Patisserie Valerie (CAKE), Debenhams (DEB), Mothercare (MTC) and Fishing Republic (FISH) , three of four of which will go bust.
1334 days ago
Luke Johnson was bang on the money at the weekend in his description of the current market madness. In that vein I discuss Milestone (MSG), On Line (ONL), Vela (VELA) and Tizania (TLS). This will end in tears. I take my hat off to Luke Johnson after today's results from Patisserie Valerie (CAKE) but still have two major concerns, a three if you include valuation. I look at Andalas (ADL) and its new death spiral funding and also cover Kefi (KEFI) and Falanx (FLX)