2241 days ago
Today's related party deal is the final straw and I have to use a C word when it comes to Gary Ashworth & Interquest (ITQ). I also look at Forbidden Technologies (FBT) which - whatever the directors say - needs a placing. I discuss PZ Cussons (PZC), Vernalis (VER) and Paul Scott's woes at Conviviality (CVR) - Scotty that is the danger of reading broker notes you should speak to the company instead. Nudge Nudge, know what I mean. Wink, wink.Make sure you get your free ticket to UK Investor on April 21 using the promotional code WINNIFRITH when booking an investor class seat HERE - if only to hear a live 40 minute bearcast with myself & Paul Scott being recorded!
2241 days ago
The chart below says it all. Neil Woodford managed funds own 28% of Vernalis (VER). The shares were 50p when he filled his boots in a placing two years ago. They are now 4.5p as the company has started closing down its operations and has put itself up for sale. As ever, as the shares tanked, Woodford knew better....
2333 days ago
Another bad day at the office for Britain's most conceited fund manager Neil "nomates" Woodford. There is yet more bad news at Vernalis (VER) now 9p having collapsed again - Nomates has been a big cheerleader after all prior disasters saying Mr Market is wrong. Whatever. Then there is the issue of IP Group ( IPO). Elsewhere I takje another look at IDOX (IDOX) where I am even more bearish and then at Tungsten (TUNG) which looks all wrong. I also comment on Dialight (DIA) , The People's Operator (TPOP), On Line (ONL), Milestone Group (MSG) and a chat with Mark Slater on a pub company which is just the wrong price.
