SMTM

128 days ago

UK Oil & Gas: what a Turkey – SMTM!

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?

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395 days ago

Bulletin Board Moron of the week - natch a Versarien shareholder: day 4 of the annual report watch

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?

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465 days ago

Tern – Wyld 3rd quarter results show it’s still a significant cash burner: SMTM!

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:

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505 days ago

Tom Winnifrith Bearcast: DFS will survive but surely it is a cracking short and here is why

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.

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884 days ago

Nightcap and La Willingham – darling, it’s what you don’t say that matters! SMTM ( or lack of it)

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.

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1515 days ago

Video - a blast from the past, SMTM

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!

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2529 days ago

Diary of a diabetic day 22 - the confirmation trouser test

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.

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3545 days ago

Quindell the Trading Statement - SMTM

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…

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