2227 days ago
Shares in Saffron Energy (SRON) are suspended, as seems to be par for the course these days, but that has not stopped the City's No oil analyst Zac "The Knife" Phillips of SP Angel from sticking it to the company. His latest email is damning.
2254 days ago
My friend and former colleague the aristocrat Dru Edmonstone was - as widely reported - sentenced to 21 months last week for a £60,000 benefits fraud, something the pathetic wretch did to fund his spread betting addiction. I discuss this and ask does a case like that of Dru justify the current clampdown on spreadbetters. I think such a clampdown would not have stopped Dru for addicts will always find a way. I discuss the odd goings on at Saffron Energy (SRON) which hardly inspire confideence. But my main focus is on the revelation HERE by Cynical Bear that Neil Woodford's flagship £7.1 billlion fund has taken on an overdraft, as an emergency measure to fund either redemptions or a growing collection of falling knives or both. If Woodford believes what he says about markets being overvalued - and I do - this is a sign that Britain's most conceited fund manager has completely lost the plot and may be not that far from the final collapse.
2261 days ago
I had a call from Amur Minerals (AMC) yesterday to correct my bearish view. I did not appreciate the tone, I'd rather not be lectured. I explain why I am still short term bearish although also put the company's view. I also explain to the woman dubbed the Harvey Weinstein of European tech, Julie Meyer MBE, why she has yanked the wrong tiger's tail. Elsewhere I comment on Saffron (SRON), Haike Chemical (HAIK) and Graphene Nanochem (GRPH). And now it is off to Greece. God willing tomorrow's podcast will be from Kalamata.
2278 days ago
The City's No 1 oil analyst Zac "The Knife" Phillips of SP Angel wants a board room cull at Saffron Energy (SRON). He is at his waspish best in a note released after today's news from Italy. I can't see that he is rating the shares as a buy. Over to "the knife" who opines:
2287 days ago
I am sure that having bought the duff Italian assets of Sound Energy (SOU), Saffron Energy (SRON) shares will be aggressively promoted when they return from suspension. All the usual suspects in team ramp are already making initial noises. But should we really get excited? The City's No 1 oil analyst, Zac "The Knife" Phillips of SP Angel thinks not and opines today:
2496 days ago
I tipped shares in Saffron Energy (SRON) but urged folks to take profits some months ago. The shares were then 8p+ having listed at 5p. In recent weeks the shares have slithered back towards that 5p and I have been urged by folks to re-tip. I resisted that urge. Something was wrong. Now we all know what some folks have clearly known for a while, what the problem is.
2604 days ago
In today's bearcast I look in detail at Highlands Natural Resources (HNR) a true POS. I cover Angus Energy (ANGS), Saffron Energy (SRON) and Advanced Oncotherapy (AVO).
2614 days ago
The bell in this podcast is not Aidan Earley's libel suit arriving but the workmen returning after lunch. I explain why they are here - blame the Mrs. In terms of stocks I cover Prairie Minerals (PDZ), IGAS (IGAS), Milestone (MSG), Xtract Resources (XTR), Amur (AMC), Advanced Oncotherapy (AVO), NCC Group (NCC), Northern Petroleum (NOP) and Saffron Energy (SRON), Redcentric (RCN), MXC Capital (MXCP) and a few other matters. Smiley face.
