11 days ago
Interims from the second most famous Aussie Dog after Bluey, about which I have warned so often, Wellnex (WNX), showed some positives with revenue up 8%, gross margins up by 9.4 percentage points and comment that “Business reached operating breakeven in Q2 FY26”. But there is a clear admission that it needs a bailout financing sharpish.
64 days ago
Sundae Bar (SBAR) joined the AIM Casino as an AI play on June 3rd 2025 c/o London’s worst Nomad Roland “fatty” Cornish. I warned at the time that its valuation at 8p was a laughable spoof as you would expect from an offering from the Bixby Edwards gang. Within a month it had tried and failed to jump on board the bitcoin in treasury bandwagon. Today the shares languish at 4.6p but that still values this crock at £20 million. The issue for CEO Jill Kenney is SMTM! Or lack of it!
90 days ago
Another day and another operational update arrives from Bluebird Mining Ventures (BMV) with more horse from CEO Sath Ganesarajah assisted by turd polisher, evil genius PR spinner Harry Chathli of Technology Minerals (TM1) infamy.
95 days ago
David Lenigas and his 13 year old gopher Hewie RatLitter have today announced their plans and ambitions for 2026 for the London Bitcoin Company (BTC). I am working on announcing my 2026 plans and ambitions with regard to Cheryl Cole. But while all that I need is charm, wit and an ability to understand Geordie (I have 2 of 3), Lenigas and RatLitter need cash….
387 days ago
But because I support free speech I did not though I regard his views as utterly unhinged and batshit crazy. Then I looked at Andrada Mining (ATM), Tiger Royalties & Investments (TIR) and IQE (IQE), in all three cases it’s about SMTM.
698 days ago
You just could not make this up. Mike Edwards and his business partner Jon Bixby owned 31% of Cellular Goods (CBX) at the time of its 5p IPO. Their vehicle Durban Holdings paid just 0.1p for nearly all of its stock and as the shares were David Beckham/disgraced Daily Mail pumped they started sell. Indeed they sold all their shares. Lovely jubbly for them.
840 days ago
However Lyin’ Steve Sanderson, the grossly overpaid chairman and CEO of UK Oil & Gas (UKOG) tries to spin it, today’s news from its piss poor Turkish operations screams out “when’s the next bailout placing suckers?” At least owners of this stock are used to it. Thanks to the issue of gazillions of shares over the years guess what the losses are for those buying at the top in 2015?
1108 days ago
It is now day 4 of the Versarien (VRS) Annual report watch. There is still no sign of the document. Even the PR is being kept in the dark as to what is happening and what loathsome Neill Ricketts is so keen to hide. Hint. SMTM. With Versarien shares now 97% down from all time highs who is to blame?
1177 days ago
In its RNS yesterday Tern (TERN) provided various extracts from Wyld’s 3rd quarter results for the period ended 30 September 2022. The extracts focus heavily on positives such as the purchase orders now being received by Wyld. If you look at the actuals published Wyld results it becomes apparent that it may take some time for these revenues to be reflected in the income statement as the following note to the accounts shows:
1217 days ago
Have a great bonfire night tonight. In today’s podcast I discuss DFS (DFS) in great detail – it looks like a cracking short. Then Deepverge (DVRG) where Gerry Brandon needs to SMTM and finally Revolution Beauty (REVB) which will be either a zero or a penny stock but not until after Christmas.
1596 days ago
Faced with a plunging share price since the “oversubscribed” placing and founder shareholder stock dump in May, what does Dragon’s Den “star” Sarah Willingham do for her NightCap (NGHT) baby. First: panic. Second put out out a rushed trading statement with old news and missing out critical numbers.
2227 days ago
Someone has gone to some trouble compiling this rather long video of Show Me The Money, the daytime programme of the year 2001. I am asked if it brings back happy memories? Nightmares more like. Louise Noel was rather foxy but gosh the show was rubbish. And almost all the companies featuted on it have gone bust or just lost shareholcders vast amounts of cash. A warning to those filling their boots with today’s hot stocks. It will NOT be different this time. Footnote, SMTM was the first time I met Malcolm Stacey so it was not all bad!
3241 days ago
As you know I measure my fluctuating weight by the waist size of the trousers that best fit. 32 inches and I am back where i was at 18 when Abbe Aronson broke my heart, something that still traumatises me to this day. I was also at 32 when the Guardian newspaper, in a very rare moment of vision, described me as "the housewife's favourite" as I presented SMTM on Channel 4. 44 ( or was it 46) was my bloated peak. I started this holiday in 36 inch jeans.
4257 days ago
Suddenly bulletin board morons tweet me in a way that suggests they need to up the medication urgently. Quindell (QPP) shares have leapt by 33% or more to 244p on the back of a trading statement. Those folks who lambasted me for being bearish at 250p and above reckon I have lost all credibility, blah, blah, blah. Whatever… The statement reads well. Superficially – that is to say if you just look at Quindell defined EBITDA, sales (including huge accruals) and EPS numbers. But I have a number of issues and remain a seller with a 20p target and here is why…
