501 days ago
There are no guests in this week’s show which is sponsored by Open Orphan PLC (ORPH). it is just me, at the end of a momentous day in the world of financial services. First up I discuss Thomas Cook (TCG) and grandstanding by limp dick MPs, executive greed, the failings of NEDs and fund managers and the heroin that is debt. Then the vast bulk of the show is devoted to Neil Woodford. What went right and what went wrong and why? Why the FCA is cuplable and why Woodford should go to jail. What were the warning signs everyone bar this website ignored? Who else is to blame? Why Hargreaves Lansdown (HL.) must be broken up. What will happen to each of the 3 vehicles Woodford was fired from or quit yesterday and how much cash investors wil get back.If you like this and can’t wait seven days for more of the same and are tired of being a cheapskate you should listen to my Bearcast every day.
510 days ago
Yes my good friend is going to the AIM Awards dinner now that he is an evil PR man (for Bigdish Ventures (DISH). Elsewhere I discuss the news about the Thomas Cook (TCG) stores and the lesson for Sirius Minerals (SXX). I look at Reabold (RBD), Brady (BRY) and Iconic Labs (ICON) as it serves up a bollocks packed RNS.
515 days ago
In the demise of Thomas Cook (TCG) there was a degree of focus in the Press on the use on Non-GAAP metrics (“GAAP” being generally accepted accounting policies) and Ernst & Young’s role as auditor in auditing those measures. However, the Deadwood Press as usual missed the wider story.
516 days ago
The Financial Reporting Council has announced that it is to open an enquiry into the accounts of Thomas Cook (TCG) for the year ended 30 September 2018. Too little too late you say. Well perhaps, but what is at stake here is the poison at the heart of capitalism, the incestuous relationship between auditors and PLCs.
519 days ago
Capitalism has got itself into a mess by becoming addicted to debt. The answer is not more debt. That is lesson one of Thomas Cook (TCG). Those who blame the Government for not bailing it out, or Sirius (SXX) or my local boozer misunderstand how capitalism works. Folks have to lose money and jobs must be lost for all of us to prosper.
528 days ago
The Independent Newspaper thinks that I and 17.4 million others need a better education. Does anyone read that rag anymore? In today’s podcast I look at Neil Woodford’s Woodford Patient Capital Trust (WPCT), notably its holdings in Autolus and Purplebricks (PURP) in light of data out today, Eve Group (EVE), Nigel Wray’s Simba, Thomas Cook (TCG), i3 Energy (i3E) and Iconic Labs (ICON).
533 days ago
All will be revealed soon. Meanwhile I discuss Eddie Stobart (ESL), Circassia (CIR), Thomas Cook (TCG), Amur Minerals (AMC), Neil Woodford and Watchstone Group (WTG), Quindell as was.
548 days ago
I start by discussing an interview with Matt Earl for the next Shareprophets Radio show. It will be up later and will knock your socks off. I look at IQE (IQE) and warn you all. I defend myself against an attack on my share tips from pompous twit NoGold. I look at Watchstone (WTG), Quindell as was in light of today’s laughable news and also at Thomas Cook (TCG), which is still 80%+ overvalued.
548 days ago
Apologies for the background noise in the Thomas Cook (TCG) segment, a workman at the Welsh Hovel has not quite understood how I have to pay his bloated fucking wages. I also discuss Rutherford (RUTH)_and how it will destroy the reputation of Neil Woodford but not in the way Nigel suggests and Optibiotix (OPTI)
561 days ago
I report on what the quack told me and consider a career change. I consider mattresses Eve (EVE), Simba, Nigel Wray and Neil Woodford. I look at Clear Leisure (CLP), First Derivatives (FDP), Thomas Cook (TCG), Dev Clever (DEV) and Verseon (VERS) and I comment on my interview with Kefi (KEFI) out later this week.
567 days ago
In today’s (long) bearcast I look at Burford (BUR) asking questions of bulls and bears, at Thomas Cook (TCG), surely a slam dunk short at 8p, at Cabot Energy (TOAST), ADM Energy (ADME) and finally at Seedrs where the PR bird is trying to bully me into publishing a falsehood. She is picking on the wrong man. maybe she confuses me with the spineless financial illiterates and PR cocksuckers at the deadwood press?
577 days ago
In today’s bearcast i shut the windows at the Greek Hovel to cut out the noise of the cricket circus. I really could stay here for good and not come back to the UK. The Mrs is not so sure but she is warming to the idea. In the podcast I look at St James House (SJH) a POS handing me a bit of a triumph as accounts restated, Big Dish (DISH)
which I expose for lying and mugging poor old Malcolm Stacey HERE have some folks no shame? I also look at Kier (KIE) and Thomas Cook (TCG).
598 days ago
I start with a few notes on tomorrow, logistics and the funeral of Uncle Chris Booker. Then it is onto Yourgene (YGEN), Thomas Cook (TCG), Advanced Oncotherapy (AVO), Amur Minerals (AMC), and the dog St James House (SJH) formerly known as the Boxhill hound.
602 days ago
#BoycottHomeDepot is trending on twitter in the US. If you are in the land of the free I urge you to do the reverse. In fact go buy an extra hammer for me today. Then I look at Thomas Cook (TCG), Sound Energy (SOU), Eve Sleep (EVE), the woes of my old friend Jim Mellon’s SalvaRx (SALV), Union Jack Oil (UJO) and, in detail, at FinnCap (FCAP) whose results are out today. Mea culpa on Eve, it is actually worse…
622 days ago
Sorry for the late podcast but I have spent most of the day renovating another room in the Welsh Hovel. I may post some pictures later but it is far more entertaining than even writing about Neil Woodford’s woes or Julie Meyer’s lingerie. In today’s podcast I look at Thomas Cook (TCG), Audioboom (BOOM), Kier (KIE), Staffline (STAF), Dev Clever (DEV) and the Woodford Patient Capital Trust (WPCT), where, of course, I remain a loyal shareholder. Ho. ho. ho.
630 days ago
A recording glitch. The hot rumour is at 20 minutes, ignore the gap beforehand. Elsewhere, I look at Neil Woodford, Woodford Patient Capital Trust (WPCT), Eve Group (EVE), Xeros (XSG), RM2 (RM2), Hargreaves Lansdown (HL.), BlueJay (JAY), Thomas Cook (TCG) Agronomics (ANIC) and the sodomising of Mail on Sunday reader;s portfolios by prize shit Ben Harrington and at Avereso (ASO).
651 days ago
In today’s bearcast I look at Afriag (AFRI), Big Dave’s UK pot play, at Management Resource Solutions (MRS), Eve Sleep (EVE), First Derivatives (FDP), Purplebricks (PURP) and Thomas Cook (TCG). Now re Rogue Bloggers we are no at almost £44,000 and heading towards our £50,000 target. If you are yet to donate please do so HERE. To all those who have donated, many, many thanks.
652 days ago
WARNING: Our apologies, this Bearcast has distorted sound from after ten minutes, when Tom recorded it. It is still audible. We’ll try to fix it for tomorrow’s Bearcast. I start with a short bit on the wild use of language and yes the trans “genocide” is my starting point. I look at IQE (IQE), Thomas Cook (TCG) and classic red flags – Eight Peaks Group (8PG), Yu (YU.), Bushveld (BMN) and Tesla (TSLA). If you have yet to donate to Rogue Bloggers for Woodlarks (another announcement tomorrow), please do so HERE.
652 days ago
I did warn my pal Andrew Monk, as he greedily filled his boots with Thomas Cook (TCG) shares and for a time he looked smart. Now the stock has collapsed to just 10p but that still values the company at c£150 million. The bad news for Monkey and Chris “three brains “ Bailey, a fellow bull, is that this is likely to be a zero.
720 days ago
The tweet below is self explanatory. What on earth is Thomas Cook (TCG) thinking?
817 days ago
In today's bearcast I start with an explanation about how the share price of FinnCrap (FCAP) is just articifial. I then look at ImageScan (IGE) which is not a bad company but why is it on AIM? Then onto Thomas Cook (TCG) and also Audioboom (BUST). In the case of the former my old pal Andrew Monk of VSA is just naive. I suggest he should be a spiv and sell.
818 days ago
I start with the news about the olive harvest. When you get the full financial report you will laugh. I almost did. I am almost tempted to get Neil Woodford to invest in it. Then I discuss Thomas Cook (TCG), Audioboom (BUST) and Tekmar (TGP), another disastrous IPO on the AIM Casino. I also discuss the battle between the metropolitan elites and the rest of us ref. France, but also the UK and Brexit.
826 days ago
I am back at the Greek Hovel and the noise outside is quite unbelievably torrential rain. I discuss the weather and how stunning the Hovel now looks. Photos are starting to go up HERE on TomWinnifrith.com. I look at Optibiotix (OPTI) and today's stunning news. Cynical Bear needs to get ready to send me another bottle of ouzo. I look at Xeros (XSG), Thomas Cook (TCG) and Telit (TCM) where the clock is ticking ever louder. I have a few more words on the IPO of FinnCrap.
1747 days ago
I don't feel like writing today. This is what i want to be doing. But ahead of that I start by clarifying what I think of Matt Lofgran of Nostra Terra (NTOG). Then I look at what happened to Plethora (PLE) and that explains in part why shares in Port Erin (PEBI) have tanked. Then I touch on Thomas Cook (TCG) and prepare for ouzo o'clock when Environmental Recycling (ENRT) goes bust as I explained yesterday. Following that piece the shares are the biggest fallers today. Finally I have a warning for shareholders in African Potash (AFPO). Incoming! That is when I can be arsed.