Personal and undiluted views
Thomas Cook

501 days ago

FREE Podcast: ShareProphets Radio Edition FOURTEEN with Tom Winnifrith: The A to Z of the Rise and fall of Neil Woodford

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.

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510 days ago

Tom Winnifrith Bearcast: Sith Lord Zak Mir to enter the eighth circle of hell tomorrow, or is it the 4th?

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.

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515 days ago

The dangers of Non - GAAP Measures, Thomas Cook the tip of the iceberg

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.

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516 days ago

FRC Opens Thomas Cook Enquiry - the poison at the heart of auditor client relationship

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.

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519 days ago

Tom Winnifrith Bearcast: the folly of debt, Thomas Cook, Sirius, my local boozer & taxpayers cash

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.

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528 days ago

Tom Winnifrith Bearcast: which thick fecks are buying shares in Thomas Cook?

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). 

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548 days ago

Tom Winnifrith Bearcast: IQE Timber! (Next week)

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.

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548 days ago

Tom Winnifrith Bearcast: Optibiotix, Thomas Cook, Rutherford & Neil Woodford's Reputation - 3 of 4 are near as damn it worthless

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)

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561 days ago

Tom Winnifrith Bearcast: Don't take to the mattresses! And the quack says I am right

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.

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567 days ago

Tom Winnifrith Bearcast: the PR bird for Seedr tries to bully the wrong sort of journalist into printing falsehoods

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?

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577 days ago

Tom Winnifrith Bearcast - ouzo time thanks to St James House

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).

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583 days ago

FREE Podcast: ShareProphets Radio Edition TWO with Tom Winnifrith

Once again, please excuse my croaky voice. In this second edition of the ShareProphets Radio podcast sponsored by Riverfort Global Capital, this week, in order I discuss the cowardice of a well known AIM CEO, interview bear raider Lucian Miers on a wide range of subjects including Tesla, Neil Woodford and WPCT, IQE, Purplebricks, UK Oil & Gas, Thomas Cook and cannabis, I then interview value blue chip investor Chris Bailey on, inter alia, Tesla, EasyJet, Imperial Brands, Woodford, Burberry, Dignity, and St James Place. Enjoy. If you like this and can’t wait seven days for more of the same you should listen to my Bearcast every day.

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598 days ago

Tom Winnifrith Bearcast - my apologies for teasing Malcolm Stacey on ethical investment, I am a partial convert

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.

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602 days ago

Tom Winnifrith Bearcast: If you are in America go buy a hammer at Home Depot for me today

#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…

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622 days ago

Tom Winnifrith Bearcast: the debt markets are screaming out that Thomas Cook shares are toast

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.

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630 days ago

Tom Winnifrith Bearcast: Mind the gap near the end the hot rumour is afterwards!

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 (TCGAgronomics (ANIC) and the sodomising of Mail on Sunday reader;s portfolios by prize shit Ben Harrington and at Avereso (ASO).

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651 days ago

Tom Winnifrith Bearcast: shameless ramping by David Lenigas as he jumps onto the pot bubble

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.

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652 days ago

Tom Winnifrith Bearcast: Transgender "genocide", IQE profits alert and Monkey facing wipeout

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.

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652 days ago

Thomas Cook: bad News for Andrew Monk and Chris Bailey, this is going to 0p

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.

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720 days ago

Thomas Cook Dress Code lunacy - meet Emily O'Connor

The tweet below is self explanatory. What on earth is Thomas Cook (TCG) thinking?

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817 days ago

Tom Winnifrith Bearcast: Andrew Monk you are just naive, go on and be a spiv!

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.

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818 days ago

Tom Winnifrith Bearcast: Might Chris "Three Brains" Bailey be wrong about Thomas Cook? Are the shares really worth only 12p?

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.

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826 days ago

Tom Winnifrith Bearcast: How Green is my valley and how cool is my hovel

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.

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1747 days ago

Tom Winnifrith Bearcast - so what happened to Plethora?

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.

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2106 days ago

Tom Winnifrith Bearcast 23rd May - why not pack it all in?

It is tempting such is the disgust I feel about the market right now but then I change my mind. In this podcast I look at what is so wrong with AIM, how to fix it and also specifically at the Plus500 and Thomas Cook connection.

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2116 days ago

Tom Winnifrith BearCast - 17 May

In this podcast I look at three issues: the abuse of the RNS Reach system - something I touched on earlier HERE - and why it needs scrapping; Worthington and all the stink around Frankfurt listings and finally the shameless folk at Thomas Cook.

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2403 days ago

Thomas Cook – Not a Profits warning but not inspiring: Harriet Green still on borrowed time

Sadly Thomas Cook (TCG) did not as I had hoped serve up a profits warning today. Its shares are broadly unchanged at 122p but its trading statement is far from inspiring and the City knives are still out for PR obsessed CEO Harriet Green. She cannot afford to slip.

Ms Green states: 

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2412 days ago

Thomas Cook - The Profits warning next week says airline guru Mr Andrew Monk

Andrew Monk heads up broker VSA Resources but in a former life was an airlines expert. He even set up one. It went tits up. But he knows how this industry operates and his views on THomas Cook (TCG) are clear. He noted this morning. 

There are some things in life you should learn never to do – one of them we learnt from Bob Ayling at Br Airways, don’t try and get clever by changing your tail fins thinking it will solve all your problems. Well on Landing at Gatwick the other day I thought I had landed in a tissue factory !!! What have Thomas Cook done ?............what has a yellow heart got to do with global travel, excitement and experience – Kleenex would I am sure be impressed but if I want a tissue I don’t need a travel agent – me thinks Thomas Cook has caught a cold 

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2422 days ago

Thomas Cook – Harriet Green to get her P45 with profits warning and rebranding farce?

I have predicted it before but predict again – the imminent trading statement from Thomas Cook (TCG) will be a profits warning. Of that I am certain. My question is whether its self-important and image obsessed CEO Harriet Green gets a one way ticket out of the building the same day.

The share price chart implies that all is not well at Cook. The shares have nose-dived from 180p at the start of May to just over 120p now. Anecdotally I hear that most Travel Agents had a dire June as folks contemplated the World Cup rather than two weeks in Ibiza. I expect this to be confirmed by Cook shortly.

When Cook was a glory recovery play the fact that Harriet Green was obsessed with her own PR – as much as that of the company – did not matter. But now that the merde is hitting the fan she will find that that obsession of hers will make her vulnerable.

You may remember

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2479 days ago

Exclusive: Vicious attack on Thomas Cook boss Harriet Green by City transport guru

A former leading transport analyst who still retains a very high City profile has this morning launched a blistering attack on Harriet Green the self-publicity addicted CEO of Thomas Cook (TCG). Is this just sexism in the City or is this fair comment. Read on and judge for yourself. Our man writes: 

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