Regent Pacific

2081 days ago

Tom Winnifrith Bearcast, Jim Mellon, SalvaRx and the lessons from the todger spray episode

In today's delayed podcast I look at the lessons for SalvaRx (SALV) from the Plethora (PLE) & Regent Pacific episode and ask what is happening at Regent as its shares continue to slide? I also look at the increasingly confused picture at Online Blockchain (OBC) and then ponder why CEO's should not be a guide to share prices or when to sell, ref Optibiotx (OPTI), noting also today's events at Skinbiotherapeutics (SBTX)

2214 days ago

Tom Winnifrith Bearcast: Why is my good friend Jim Mellon's Port Erin trading at a chasmous discount to NAV?

As old Jim Mellon is such a good friend I thought I'd have a butchers. Is it because of more problems at the Diabetic Boot Company or is it a cash crisis at SalvarX (SALV) or at Regent Pacific? What is it about this related party nest of snakes that is making investors shun shares in Jim's Port Erin (PEBI)? I discuss in detail. I also look at MySquar (MYSQ) as the fraud skids to a new low, Ecsc (ECSC), the cyber junk play, FastJet (FJET) - another bailout placing ahoy - and old Clem's spoof Online BlockChain (OBC) as it tanks again. And then its RIP Conviviality (CVR), formal notice of wipeout for those who punt on the back of a brokers note and for other investors. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH.

2337 days ago

Tom Winnifrith Bearcast - if you lost money on Friday sue ABC for its fake news

I start with a look at whether some current assets are really current assets, taking my inspiration from my earlier analysis of Jim Mellon's flagship dog Regent Pacific. I explain why getting this right is so important in endeavouring proper company analysis. Then it is onto Friday's market sell off caused by what even ABC now admits was 100% fake news about Donald Trump. I look at the tax plans of POTUS which are inspirational and compare them with the rhetoric coming out of Jeremy Corbyn's Labour Party. I increasingly think Corbyn will win the next election and explain why that would be such a disaster. Tomorrow there may be no bearcast as I am travelling but I plan to do a double video share tip for paying subscribers only

2337 days ago

Just how grim is it at Jim Mellon's flagship Regent Pacific as Fortacin just does not sell

Apologists for Jim Mellon's Regent Pacific, which thanks to the all share takeover of Plethora (PLE) has many British investors, have reacted fiercely to my article last week on how it was slashing Fortacin prices by 80%. This prompts me into further work and the alarm bells really are now ringing loudly.

2338 days ago

Is there panic in the air at Jim Mellon's Regent Pacific as price of Fortacin slashed by 80%

The Daily Mail today reports that the price of Fortacin, the Premature Ejaculation treatment, on which Jim Mellon's flagship Regent Pacific vehicle has bet the ranch has been slashed by 80% "just in time for an anticipated sales boom at Christmas." Chaps you are pulling my plonker.

2461 days ago

Jim Mellon 's Regent Pacific profits warning - premature ejaculation proving a bit of a cock up

Oh dear, oh dear, it seems as if my old friend Jim Mellon had a bad day at the office on Friday. Hat tip to a reader who has just alerted me to a quite diabolical (lack of) profits warning from Regent Pacific which has many British shareholders thanks to its all share rescue takeover of AIM dog Plethora (PLE).

2485 days ago

Oi! Jim Mellon - so how have Plethora shareholders done after that 12.5p all share offer you made?

Back in November 2015, Plethora Solutions (PLE) the AIM listed developer of a treatment for premature ejaculation run by offshore based asset stripper Jim Mellon was almost on its uppers, its cash position was critical and its share price had collapsed. Refinancing would have been impossible so it was announced that Regent Pacific, Mellon's Hong Kong based vehicle which already owned 28% of Plethora having chucked good money after bad, was to launch an all share offer worth 12.5p per share. I warned that was too good to be true HERE. And so let's wind forward 20 months...

2525 days ago

Billing Services - another Jim Mellon backed AIM disaster: don't go bottom fishing

Oh dear, this has all the makings of another AIM disaster for my good friend the offshore based asset stripper Jim Mellon. But look on the bright side Jim, you have probably lost far more of your wealth with HK dog Regent Pacific, whose shares continue to tank in an alarming fashion. Anyhow, back to the home grown disaster stories. Shares in Billing Services (BILL) are down again today to 2.875p valuing this company at £8.1 million. that looks awfully generous.

2869 days ago

Tom Winnifrith Bearcast: Brexit Bollocks from Gary Newman and the stench from Strat Aero & Regent Pacific (i.e Plethora)

I start with a discussion on how the sad events in Yorkshire may sway the Brexit vote before turning to Gary Newman's nonsense earlier today about Brexit, house prices and Foxtons (FOXT). Then it is onto a detailed look at Strat Aero (AERO) and also Regent Pacific, the new owner of Plethora (PLE) and in both cases its red flags ahoy big time.

2899 days ago

Tom Winnifrith Bearcast - why wont African Potash answer my fecking questions?

In a very British way I start by complaining about the weather. Right now it is sheeting it down here in Greece. Then onto Plethora/Regent Pacific before tackling what the phrase "little or no value" actually means ref Circle Oil (COP). Then onto African Potash (AFPO) and I answer the questions it will not. Target price 0p. 

3097 days ago

Jim Mellon’s Regent Pacific buys Plethora at 12.5p a share but…

This is a bolt from the blue. Regent Pacific a HK and Frankfurt listed investment company run by my good friend Jim Mellon has today announced an all paper offer for AIM listed Plethora (PLE) at 12.5p a share. But hang on, the devil is in the detail.