WAND

142 days ago

Tom Winnifrith Bearcast: I reckon Wandisco will run out of cash by Christmas 2024, Versarien a year earlier

Tom Winnifrith Bearcast: I reckon Wandisco will run out of cash by Christmas 2024, Versarien a year earlier

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147 days ago

Tom Winnifrith Bearcast: can Kefi ever please ouzo man and the whining shareholders?

Enjoy the heatwave, it is still raining here in Greece. I have done a podcast on that and on the BBC’s claim that the Hellenic Republic will soon be a desert HERE. Then it is onto Kefi Gold & Copper (KEFI), Wandisco (WAND), Blackbird (BIRD), Eden Research (EDEN) and Invinity (IES), currently being ramped by Andrew Monk in Canada.

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240 days ago

Tom Winnifrith Bearcast: Gosh there are some dumb Wandisco owning morons out there & should we push Steve O'Hara into the river Dee at Sharestock

I start with a question: £100 + 3 points or a speed awareness course by Zoom? Then I look at the track record of the new bird CEO at BT (BT.A) and ask why she is worth £1.1 million ( plus up to 200% bonus) a year? Then Wandisco (WAND), Chill Brands (CHLL), Optibiotix (OPTI), Skinbiotherapeutics (SBTX) and IOG (IOG)

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240 days ago

Wandisco, a second letter to the FCA – were there payoffs for those resigned for ignoring fraud?

The FCA Investigation into Wandisco (WAND) and its fraudulent sales continues. I wrote to it last week about the way that ex CEO Dave Richards MBE and CFO Erik Millar were given huge bonuses solely because of fraudulent sales figures. Now I have written again on the subject of payoffs.

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241 days ago

Tom Winnifrith Bearcast: is Kefi just weeks away from take off and "Project Equity" at Compass: guess what!

I start by asking why if the Met Office could not predict the weather today why I should believe its 77 year forecast? then I look at whether anyone is ever not rewarded for failure these days, ref NatWest (NWG), Wandisco (WAND) and Pod Point (PODP). Then to 3 articles concerning Compass Group (CPG) and the comedy of “Project Equity” – illegal woke madness - HERE, Andrew Neil comparing EU and US economic performance HERE and Kefi Gold & Copper (KEFI) is it all systems go? HERE

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243 days ago

Wandisco: A letter to the FCA – what was the bonus timetable?

The FCA Investigation into Wandisco (WAND) and its fraudulent sales continues. I do not expect it to affect the business going forward but I hope that it results in ex CEO Dave Richards MBE and CFO Erik Millar being thrown to the wolves if not into jail. I have dropped the FCA a note focusing on the issue of 2022 bonuses, as you can see below

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244 days ago

Tom Winnifrith Bearcast: why doesn't Centamin buy into Kefi?

I am not saying it would or should but given that it is spaffing money on exploration in Ethiopia why isn’t it just buying into/buying Kefi Gold & Copper (KEFI). The answer might reflect badly on Kefi, I just do not know. I also consider Centamin’s (CEY) results.  I start with snake barn thoughts. Then it is onto Alison Rose and NatWest (NWG) and Karl Monaghan at Wandisco (WAND) and why I despair about UK PLC and how the great and the good are protected. I consider Rua Life Sciences (RUA) and Great Western Mining (GWMO)

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244 days ago

Tom Winnifrith Bearcast: NO! I did not say buy Optibiotix at 119p!

Optibiotix (OPTI) shares are now 32p and still cheap. How cheap? I will be doing a detailed piece with revised numbers within 48 hours. But first I respond to a bit of trolling. And I flag up who my next CEO guest is on the video show. Then I look at Trackwise (TWD), Wandisco (WAND) and Brighton Pier (PIER)

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244 days ago

Wandisco – shares relist and collapse by 96% and still a bargepole stock!

After a $30 million bailout fundraise at just 50p, shares in Wandisco (WAND), suspended at 1310p, have relisted, crashed and are now just 49p but I would not touch the stock with a bargepole and here is why.

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245 days ago

Tom Winnifrith Bearcast: knocking down the snake barn here in Wales

Photos later but it’s exciting. Then on losing a bet with Joshua, More Acquisitions (TMOR), Wandisco (WAND) fesses up after my article last week but in a spineless way, musicMagpie (MMAG), Optibiotix (OPTI), Canadian Overseas Petroleum (COPL) & Guild ESports (GILD

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247 days ago

The Questions that Wandisco refuses to answer as it tries to sweep the £2 million + David Richards scandal under the carpet

Following my three exposes yesterday I put a number of questions to Wandisco (WAND) via its PR firm FTI Consulting. I have also reported Dave Richards to the Charity Commission with whom I had a fruitful conversation. Next up will be the taxman but that is a bit complicated.

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247 days ago

Tom Winnifrith Bearcast: what a wicked world we live in, I despair

The phone call that was today’s person from Porlock was my mother-in-law who had just come home from an appointment to find smashed windows in her house just across the river from here. My 93 year old father-in-law, deaf as a post, had slept while burglars stole everything of value throughout the house. What a world we live in. From that I move onto the scandals of Dave Richards and Wandisco (WAND), Canadian Overseas Petroleum (COPL), Miriad (MIRI), Bidstack (BIDS), Supply@ME Capital (SYME) and Oxford Nanopore (ONT) and dual US listings.

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247 days ago

EXPOSE: Dave Richards MBE, his charity, his private company and the bees

Earlier today I showed how the related party transactions between Wandisco (WAND) and its former CEO, disgraced Dave Richard MBE stank to high heaven, especially the ones involving Sheffield Wednesday and Dave’s private company Eyup. But as I now look into the accounts of the DJRFF, Dave’s charity, which is also involved in the related party deals, there is much worse emerging.

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247 days ago

EXPOSE: the Wandisco related party deals with disgraced Dave Richards - just how does this not stink?

Earlier I looked at the obscene bonuses awarded to ex Wandisco CEO and CFO David Richards MBE and Erik Millar in a year when they brought the company to the verge of bankruptcy. I still cannot see how this can be allowed. Now let’s move on to the stinking related party deals involving Richards which, in a way, are even more shocking.

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247 days ago

EXPOSE: the Wandisco bonus scandal - this is what makes AIM a sewer!

It is on page 42 of the Wandisco (WAND) annual report, sent to shareholders yesterday, where you find what must be the most disgusting reward for failure the AIM sewer has ever seen.

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260 days ago

Tom Winnifrith Bearcast: if Piers Linney is worth £69m I am a banana

I question the net wealth claimed by two former Dragons in the Mail on Sunday. Linney’s claim is a joke following the demise of Outsourcery (OUT) as is that of Sarah Willingham of Nightcap (NGHT) which I look at after its latest crap acquisition and lack of profits warning. Then it is onto Wandisco (WAND) and the proposed bailout at just 50p, to Eurasia (EUA) where nothing at all adds up. Then onto today’s ouzo moment, the suspension of Eight Capital Partners (ECP), the insolvent fraud Supply@ME Capital (SYME) and Canadian Overseas (COPL) whose shareholders’  reactions to my latest piece show themselves to be as unpleasant as they are stupid. When Canadian, already 90% down since my first big bear call, heads towards 0p as it will inevitably do I will have no sympathy at all.

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309 days ago

Wandisco warns it might go bust in July, results delayed and that an equity fund raise might be at a 400p or (much) lower!

Oh dear, oh dear, the bad news just keeps on coming at the $1 billion AIM fraud Wandisco (WAND). But before we get to the bad news I invite you to read the 2022 report on corporate governance read by now ex CEO pompous Dave Richards MBE HERE. Did he believe this shite or just publish it anyway to allow ESG investors and woke FCA employees to get an easy jerk off. Anyhow back to the fallout from the fraud.

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323 days ago

From a 4 day week to a P45 in six months – life for a worker at the $1bn AIM fraud Wandisco

It was just six months ago that smug bien pensant Davie Richards MBE was boasting that putting his staff on a four day week but paying them for five days had seen sales rocket. Then it emerged that most of those booked sales were completely bogus, booked by one rogue saleperson. As CEO, Richards, and his hapless CFO, had not bothered to call any of these big new customers, had not verified the contracts indeed had done nothing even as bills were not paid. Richards was too busy being one of the “great and the good.” Today, the price of Richards’ ineptitude became clear as Wandisco (WAND), battling to stay solvent, has started mass layoffs.

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325 days ago

Wandisco – the $1 billion AIM fraud updates us all on independent whitewash, oops I mean investigation

I guess we will have to wait for the FCA enquiry as the internally driven enquiry by FRP Advisory does not address the key issues at Wandisco (WAND), until recently a $1 billion Unicorn. It appears to be a whitewash.

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341 days ago

Tom Winnifrith Bearcast - spending the morning with the Old Bill

I start with that morning with the Fuzz regarding Operation Cassady which was fascinating. Then it is onto Wandisco (WAND), bitcoin, Argo Blockchain (ARB), Online Blockchain (OBC), Deliveroo (ROO) and Manolete Partners (MANO).

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342 days ago

BREAKING: FCA swoops on the $1 billion fraud Wandisco

Wandisco (WAND) already has an internally driven enquiry underway into the industrial scale fraud, c/o FRP Advisory. But marking your own homework is not good enough in a case like this and now the FCA had stepped in. For ex CEO Dave Richards and ex CFO Erik Miller, who were resigned on April 3 this is not good news.

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354 days ago

Wandisco CEO and CFO “resigned” as scale of the fraud at this $1 billion unicorn confirmed

Having boasted how putting his staff on a 4 day week had seen sales rocket, pompous Dave Richards MBE was forced to admit on March 9 that all of that sales growth at Wandisco (WAND) was bogus. Today the company confirm the scale of the fraud and Richard and CFO Erik Miller have walked the plank. Quote right: they were not involved in the fraud but the lack of oversight defies belief. Miller and Richards have gone because events suggest they are utterly incompetent.

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379 days ago

The fraud WANdisco – it was always a dog

Yesterday we learned of the mammoth fraud at Wandisco (WAND) which may well sink it.  Bulls always pointed to huge forecast earnings but while the FCA always tells us that the past is no guide to the future it often is. We perma bears pointed to the actual numbers.

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381 days ago

Tom Winnifrith Bearcast: The $1 billion AIM fraud, IQE & Atlantic Lithium merit lots of ouzo tonight as the teachers disgrace themselves

I start with the fecking stay at home in the face of sod all snow teachers, who are a disgrace as I explained HERE. Then it is onto Ben’s Creek (BEN) as disgraced Peter Shea emerges from under a stone, then IQE (IQE) , Wandisco (WAND), Atlantic Lithium (ALL), BSF Enterprises (BSFA) and Hammerson (HMSO).

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381 days ago

Put your workers on a 4 day week on full pay and watch revenues rocket: pseudo capitalism it is so easy when your sales are pure fiction!

A pilot scheme where workers got full pay for doing just 4 days a week was recently hailed by those organising it as a triumph and among those wheeled out to boast of its success was David Richards MBE of Wandisco (WAND). claiming his company’s sales had rocketed seven fold and productivity was up 25%. In fact…

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381 days ago

What an awful day at the office for Invesco, specialist investors in tech

We are always told by some folks that you should follow the professional fund managers as they know what they are doing and we private investors are just mugs, Today there have been two enormous blow ups in the tech space both of which we have warned about repeatedly. IQE (IQE) and Wandisco (WAND). Both have a big institutional backing as you can see below.

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381 days ago

Wandisco – a $1 billion fraud blows up on AIM

If I had a quid for every time I warned that shares in Wandisco (WAND) were at a bonkers valuation based on reported revenues, I’d be able to buy a season ticket at Wrexham. But today we discovered that most pf those reported revenues were made up and that the size of the emerging fraud was big enough to bankrupt a company which, at £13.10, was capitalised at £863 million. Now the shares have been suspended as investors face calamity in AIM’s biggest scandal for years.

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389 days ago

Tom Winnifrith Bearcast - distracted by Warwick School matters

I refer to this. Then I discuss Totally (TLY), Versarien (VRS), Metal Tiger (MTL), Advanced Oncotherapy (AVO), Wandisco (WAND) and Flip Flop’s Kavango (KAV)

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400 days ago

The Wandisco share price is insane

I have a lot of time for Wandisco (WAND) boss David Richards and his tech business clearly has some traction. But the valuation is surely insane.

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494 days ago

Tom Winnifrith Bearcast: The red flag lessons from quick death/slow death Wilko

Apparently the 92 year old chain needs an emergency refinance this week. If it gets it it is a slow death in 2023. If not it is a quick death before Christmas and 16,000 P45s. I look at the red flags in this case over the past year and why I own no retail or no property stocks – there are lessons for both sectors here.  Then I ask if Dave Richards of Wandisco (WAND) has gone mad or simply stuck his own moral compass where the sun don’t shine?

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646 days ago

Tom Winnifrith Bearcast: swimming wearing the Emperor's New Clothes

I mix metaphors, after a hard session watering the lawn for ShareStock. Thereafter, I discuss: Canadian Overseas Petroleum (COPL); Wandisco (WAND) and a wasted decade; Argo Blockchain (ARB) and why Mark, who is right about most things, is wrong; Vast Resources (VAST); Tertiary Minerals (TYM); Guild ESports (GILD); and Wildcat Petroleum (WCAT).

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647 days ago

Wandisco – absolutely appalling MBE winning results – when will this £170 million bubble burst?

A week ago, Dave Richards – CEO of Wandisco (WAND) – was tweeting pictures of himself suited and booted, as well as his Mrs dressed up to the nines, as they headed to the residence of comrade Elizabeth Windsor. Today, he proudly waffles on about 2021 results from Wandisco. Only when you read the notes buried at the bottom, are you reminded of the dire realities. It could go bust, and will inevitably do a bailout placing – but is that enough? This is a train crash, and, rather than serving up nauseatingly misleading statements, Richards should admit to the facts.

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868 days ago

Tom Winnifrith Bearcast: The sordid truth emerges about Wandisco & the Equities First Hoods, Dave Richards should shoot and/or fire his advisers

I follow up on yesterday’s bearcast on Wandisco (WAND) and the deal done by CEO Dave Richards with the hoods at Equities First Holdings (EFH). Dave called me up. I explain why he is naive not dishonest but why he needs to grill his advisers. Was there a brown envelope? Who penned the RNS which now looks even more dishonest with what I tell you today? Dave should shoot and/or his advisers as they have landed him in the reputational soup.  I then look at today’s latest  disgusting revelations on the Charlie Wood Hydrogen and Helium SPAC spoof IPOs, at the utter naivety of Aquis and I have advise for certain City folk on what they should do as the regulator has failed. Liam, Fungai and he who shall not be named you know what to do. I look at Bowleven (BLVN) and also at Caracal Gold (GCAT) asking who is selling?  

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871 days ago

Tom Winnifrith Bearcast: BREAKING - Equities First Holdings is back - Wandisco officially now uninvestable!

I start with good news for those who like salacious financial markets sleaze.I have been doing more digging into the David Lenigas, Charlie Wood & Anthony Eastman cesspit and this will become a series. Another installment tomorrow. And as a bonus there is a new bombshell on Julie “Lingerie on Expenses” Meyer MBE on its way. Who’s been a very naughty girl then? Then the Wandisco (WAND) shocker. I explain why today’s RNS is deceitful and why this makes the company uninvestable. Then it is onto Nanosynth (NNN), Darren Winters, The High Street Grp and a £60 million FCA mini-bond failure and finally, another villain of these pages, Colin Bird and a few thoughts on why shares in African Pioneer (AFP) may be tanking. PS I see that dodgy HK360 Limited has been forced to admit its sold its Net Zero Infrastructure (NZI) shares after yesterday’s letter to the FCA from myself. Will Net Zero now force TR1s from other shareholders who have dumped or doesn’t it care about the rules?

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1631 days ago

Exclusive: WANdisco set to announce massive Microsoft partnership within weeks

In July WANdisco (WAND) announced that it had “agreed terms to jointly develop a first of its kind data migration and replication product with an enterprise cloud platform vendor.” But who was the un-named party?

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1868 days ago

Tom Winnifrith Bearcast: Let us pray for Thirsty Paul Scott and his boss Ed at Stockopedia

Thirsty Paul Scott and his boss Ed Croft at Stockopaedophile do not like me. Maybe that explains Paul's very sad attack on Optibiotix (OPTI) yesterday which was strewn with factual errors and poor analysis. Or maybe Paul was just pissed after pouring too much vodka on his cornflakes that day. I go through his article pointing out the string of errors. Clearly Paul is not a well man and we should pray for him.  Elsewhere I look at Sabien (SNT), its knob head boss, dodgy share dealing, the cash crisis and why it is fecked. I cover Cabot (CAB), Wandisco (WAND) and then take a look at Motif Bio (MTFB) - a share tip from Malcolm Stacey where, I have told him, you all deserve an update - and a related party Amphion (AMP), which looks pretty fecked too.

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1876 days ago

Video: Dave Richards of Wandisco starts to stick it to the City great and good, this will be fun

I have always liked Dave Richards of Wandisco (WAND) and indeed own a few shares. In the video below he tells the BBC how his firm was almost ruined and wiped out by folks parachuted on to the board from big corporations. But that is only half the tale. The question is who imposed them and backed them? The answer is City advisors and institutional fund managers. I spoke to someone close to Dave this morning and Dave will spill the beans on the City grandees who almost screwed his company up. He's a brave guy for speaking out. This is going to be illuminating and entertaining and will cause some real discomfort in the Square Mile. Bring it on...

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1891 days ago

Tom Winnifrith Bullcast - reviewing my own portfolio

The regvular bearcast will appear later. In this podcast I cover Optibiotix (OPTI), Yourgene (YGEN), Wishbone (WSBN), Falanx (FLX), Concepta (CPT), Big Sofa (BST), Red Rock Resources (RRR), Reach4Entertainment (R4E), Obtala (OBT), Ariana (AAU), Wandisco (WAND), Fox Marble (FOX), Argo Blockchain (aaaaaaaaaaaaaaaaaaaaaaagh) and Kefi (KEFI)

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2062 days ago

Tom Winnifrith Bearcast: no need to send ouzo: my advice to Pantheon Resources is on me, just because I am such a nice guy

In today's podcast I look once again at Argo BlockChain (ARB) filling in a few errors and ommissions by Cynical Bear. I cover Ascent Resources (AST) which looks grim, WanDisco (WAND) and Pantheon Resources (PANR) where, once again, I demonstrate what a terribly nice chap I am.

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2159 days ago

Uk Investor Show 2018 Videos; Dave Richards of WANdisco

Is it Dave or David? I get confused by so much these days. Whatever he presented a compelling case. And after the Dragon's Den he did I became a shareholder as you can see HERE. Wandisco (WAND) is proof of how vital management is. It was heading for disaster then management changed and now its zooming ahead as Dave/David explains below.

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2635 days ago

Tom Winnifrith Bonus Bearcast: The strange tales of ousted CEOs at MRS, Brave Bison & Wandisco

There is news today from Management Resource Systems (MRS) regarding its ousted CEO and from Brave Bison (BBSN) regarding the ousting of its CEO. Both are strange tales but will have very different outcomes. I look at both in detail plus also the similar events at Wandisco (WAND) in this bonus podcast. For some reason I refer to Craig McKenzie in the podcast. I actually mean Ashley McKenzie. And it was a dog kennel not a pig farm. Apologies...Alzheimers kicking in.

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2652 days ago

Tom Winnifrith Bearcast: Liam & Tony you is taking the piss

I got up at 3 AM today and explain why. I lay out what we plan over the next few days on this website. I then discuss the fraud Cloudtag (CTAG), Wandisco (WAND), Guscio (GUSC) United Cacao  (CHOC) and Graphene Nanochem (GRPH)

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2674 days ago

Tom Winnifrith Bearcast: AIM Death List Update 5 - New entrant needed after Wandisco volte face

Eleven days ago I updated the death list portfolio which now sees me on ten kills from 31. However I now take Wandisco (WAND) off the death list after the recent management change. We need a replacement so entrant number 32 is ...IGAS. It looks as we may need two new entrants soon given the recent news from Worthington (WRN) and the FRAUD African Potash (AFPO) but that can wait for another day.

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2729 days ago

The elephant in the AIM abuse room: expenses and corporate entertainment - hookers on the tab & the AIM awards

The revelations this week about how both Teathers Financial (TEA), notably HERE & HERE, and the former manager at Wandisco (WAND), HERE, have pillaged shareholder funds to allow management, their wives and pals to live the high life have been shocking. That the Teathers boys thought racking up a bar tab in one night which was greater than the UK average post tax monthly wage just shows how distorted was their value set. But this is the tip of a very enormous iceberg on AIM and among the crony capitalists who service AIM Companies. And it's all your money. I write today not to expose but to call for specific changes.

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2730 days ago

Wandisco - CEO Dave Richards "unfired" but the ex Sage crew purged from board - the tale of the cat flying first class

On Thursday 29 September 2016 at 10.41 AM Wandisco (WAND) boss Dave Richards resigned. Or so we were told. The RNS prepared by Non Exec chairman Paul Walker (who agreed to take a massive pay hike and go Exec) stated that Richards was "stepping down.". No reason was given. In fact Richards had been fired by Walker, head of the "Sage crew" within the firm who had been battling Richards for a good while, the main issue being costs: Richards ( the founder) wanted restraint, the men from the "big company" had other ideas. Today Richards was reinstated. It gets better still and more farcical.

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2733 days ago

Wandisco: I smell an enormous rat: where's the money going?

On Wednesday, cash guzzling over-ramped serial non-deliverer of anything other than jam tomorrow Wandisco (WAND) announced that it had a new CFO at 7 AM. At 10.41 AM Thursday the company's founder, CEO and all round head honcho David Richards walked with immediate effect. No credible reason was given for his departure. I smell an enormous rat.

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2795 days ago

Shite Results from Wandisco - have you seen the balance sheet?

Wandisco (WAND) has today published results for the half calendar year which indicate that at June 30th the company was bust. Thank heavens it got an equity placing away shortly afterwards but did it tell punters how bad things were before it got their cash? And how soon before the next bailout.

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2843 days ago

Tom Winnifrith Bearcast: Boxhill now not an invitation to sell but an obligation - it goes legal

We start with Boxhill (BOX) chaired by Lord Razzall who still refuses to answer 10 questions from Cynical Bear. The company has now gone legal. It is utterly uninvestable. Then I look at Wandisco (WAND) - which schmucks backed its placing today? I also cover FastJet (FJET), Fox Marble (FOX) and Nighthawk (HAWK)

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2906 days ago

Tom Winnifrith Bonus Bearcast - Finncap Bastards trumped by pig bastards from Wandisco - annual report out

If you have not listened to yesterday's bearcast on why FinnCap are complete and utter bastards get the rabbi, local vicar, Imam and your mother-in-law round and listen now. I have more on Finncap and explain why I don't want to go to its Christmas party today. But the meat of this podcast is on Wandisco (WAND) whose annual report is out and shows the board to be not only running a trainwreck but greedy pig complete and utter bastards of the highest order. So obscene is their swinery it merits almost a bearcast to itself.

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2931 days ago

Tom Winnifrith Bearcast 17 March - you just cannot be Sirius

I start with two matters from yesterday's Budget which I neglected to mention in my otherwise excellent post Budget podcast HERE. The I move not to Sirius Minerals (SXX), which I shall cover in a seperate article elsewhere following a chat with Chris Frazer which left me quite impressed, but to Sirius Petroleum (SRSP) which is a dog with fleas and whose placing today stinks. Then it is onto Wandisco (WAND), Gulf Keystone (GKP) - where are my fucking apologies from the morons? - Audioboom (BOOM), Challenger Acquisitions (CHAL) and the uber perma dog Sareum (SAR) before I engage in a lengthy discussion on Fitbug (FITB) another perma dog.

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2935 days ago

Tom Winnifrith Bearcast - placing ahoy at Verona Pharma? And much much ffing more!

In a wide ranging podcast today I cover: 88 Energy (88E), Verona Pharma (VRP), LGO Energy (LGO), UK Oil & Gas (UKOG), Solo Oil (SOLO), the woes of Jabba The Hutt, Wandisco (WAND), Stilo (STL) and Jiasen (JSI) and I offer you a severe warning about uber-ramped Challenger Acquisitions (CHAL) where its a real PLACING AHOY

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2935 days ago

Wandisco Results - this is a disaster slow-mo car crash

It does not seem as if Wandisco's (WAND) attempts to find someone to buy it have come to much. Certainly it does not mention this in today's calendar 2015 results which are truly abject and suggest the company is hurtling at a rate of knots to the very edge of tits up canyon.

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2937 days ago

Tom Winnifrith Bearcast 14 March - foxy techhead Katia and what her woes mean

I start with the rise and fall of foxy Katia Beauchamp and Birchbox a tech hero which is stuttering. What does that mean for the rest of us? I discuss specifically what it says about Wandisco (WAND). I look at Global Resource (GRIT) or should that be more SHIT from Sam Hutchins and then also Environmental Recycling (ENRT), a worthless fraud. The it is onto Goldenport (GPRT), MX Oil (MXO) and also Union Jack Oil (UJO). Finally back to Nyota (NYO) please email [email protected] and tell him that a move to NED is not enough, he must go and must go now for good. And I dont think he really is an NED anyway for what it is worth - something I explain in the bearcast.

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2961 days ago

Tom Winnifrith Bearcast 19 Feb - Criminal Chris Oil will not know what has hit him.

The lying criminal Chris Oil has threatened me with physical violence and subsequently challenges me to a boxing match. Okay you little twerp, I accept (see here) and I muse on that point on day 5 as an ex-smoker. Elsewhere I look at the barking mad maths of Milestone Group (MSG) then at Madagascar Oil (MOIL), APC Technology (APC), WanDisco (WAND) and some more obvious lower risk zeros as well as Totally (TLY). 

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2970 days ago

Wandisco - utterly disastrous trading statement, when's bankruptcy?

AIM Death list member Wandisco (WAND) has released, what can only be described as, an utterly disastrous trading statement at every level. All the money's nearly gone and there must be a very real danger that it is tits up time soon. 

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2970 days ago

Tom Winnifrith Bearcast 10 Feb - The Madness of 88 Energy as Hornby is de-railed

I refer at the start to my other podcast today on why the striking Junior Doctors are lying, greedy, bastards. You can listen to that HERE. Onto shares and I start with the madness of the 88 Energy (88E) share price today on a risk reward basis. Then it is onto Hornby (HRN), Renold (RNO), Global Invacom (GINV), Wandisco (WAND), Leed Resources (LDP), Golden Saint Resources (GSR), Fusionex (FXI) - target price 0p - Phorm (PHRM) and finally I ask all of you a question about Imaginatik (IMTK).

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2977 days ago

Tom Winnifrith Bearcast 3rd February - Deltex dont give me that working capital crap

I start with today's placing news from Deltex Medical (DEMG). I do not reckon that this will be its last placing and its language stinks at every level. The money will be used for "working capital". Bollocks. It means to "fund our ongoing fucking losses". And there is more. Yes this is a bad language special. And if you are a Guardian reading loser who thinks the NHS is cash starved you will also be offended.  I also look at Petro Matad (MATD), Petroceltic (PCI), Rose Petroleum (ROSE) and once again push Wandisco (WAND) for a statement. Is there a "strategic review" yet? How close are you to tits up time?

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2981 days ago

Tom Winnifrith Bearcast 29 January: Wandisco needs to issue an RNS NOW!

Is Wandisco (WAND) negotiating a trade sale as I hear or is it going bust? Either way it needs to issue an RNS now. Elsewhere I wander back to the days of Turnip Townsend to discuss why deflation could be the new norm in light of news from Tokyo overnight. At a company level I cover ITM Power (ITM), Proxama (PROX), Condor Gold (CNR), Peer TV (PTV) and the over ramped shite that is Glenwick (GWIK)

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3018 days ago

Tom Winnifrith Christmas Eve Bearcast - A message praising David Lenigas and other matters

In this podcast I discuss Chris Oil's Christmas carol, part 1 HERE and parts 2 & 3 to follow. My Christmas Carol series always gives me great pleasure to write and I hope you enjoy reading them. And I beg you to fill in the Christmas win an iPad survey HERE. Then it is onto David Lenigas, Sam Antar, Petroceltic (PCI) and Wandisco (WAND) and to what little treats are in store for tomorrow. Ho Ho Ho. Finally i wish you all a Merry Christmas, none of this PC seasons greetings bollocks from me.

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3038 days ago

A song for Wandisco shareholders from Iron Maiden

Shares in Wandisco (WAND) are sharply lower again today. They now trade at 87.5p, off 6.5p on the session and down from 140p a month ago. But there is far worse to come - as Steve Moore and I have warned time and time again - see HERE. And so with a few comments here is some sage advice from Iron Maiden. 

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3040 days ago

Tom Winnifrith BearCast 30 November - Producing the Oakley Christmas Card

The annual ritual is complete. The Mrs and I have photographed my morbidly obese three legged cat Oakley in his Christmas hat and even Tara played her part posing in the hat and in a stocking. And thus our rather un-Christian cards are now in production. Awway from that I have a long look at Slater & Gordon (SGH) where the management has just allowed the bears a chance to sell even more shares. Jabba The Hutt stocks Solo (SOLO) and LGO Energy (LGO) get a mention as does Aureus Mining (AUE) with its hugely discounted placing. Alba (ALBA) is clearly lining up its next confetti issue and I comment on that as well as Blur (BLUR), Outsourcery (OUT), Wandisco (WAND), Plant Health Care (PHC), Gulf Keystone (GKP) and NAHL (NAH), Finally I commend the CEO of ValiRx (VAL) who attended Gold & Bears on Saturday and was incredibly poilite. Memo to TW. I will be less beastly to her in 2016.

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3060 days ago

Tom Winnifrith Bearcast 10 November - More Lenigas material & remember I had a hippie childhood

Having been warned off by the thuggish PR to David Lenigas (HERE) I have asked AIM Regulation to get the low down on Big Dave's trades or otherwise in LGO Energy (see HERE). And then what next? Aha Octagonal (OCT), an AIM listed company where the aforementioned Mr David Lenigas is involved - needless to say its shares have slumped. Then it is onto Nanoco (NANO) and Wandisco (WAND) as well as Lonmin (LMI). Finally I commend to you last night's BBC programme by Hugh Fearnley-Whittingstall on waste and the supermarkets. Can Malcolm Stacey reallysay the are ethical investments? I commend you all to watch it. Remember I grew up in a hippie self-sufficent family so maybe I am biased but I was horrified.

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3098 days ago

Tom Winnifrith Bearcast 5 October - Suspension is never good & a cheap joke

A visit to the quack today was not good news but at least the woes of English rugby and LGO Energy (LGO) are there to cheer me up. in this podcast I discuss Alexander Mining (AXM), Cloudbuy (CBUY), the hoods at Equities First Holdings LLC (EFH), Daniel Stewart (DAN), Imaginatik (IMTK), Wandisco (WAND), Mirada (MIRA), Range Resources (RRL), tech stocks vs mining stocks, Amanda Van Dyke and, to end, I can't resist a cheap joke about the rugby.

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3102 days ago

Tom Winnifrith Bearcast 1 October - after the fraud conference

A few reflections on the AFCE Fraud conference today at which I spoke and on the Boohoo (BOO) supper with Paul Scott last night. Then onto Daniel Stewart, Caza (CAZA), LGO Energy (LGO), Wandisco (WAND) and Magnolia Petroleum (MAGP). Then the fire alarm went.

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3103 days ago

Tom Winnifrith Bearcast 30 September - fuckwit PR men & other matters

Interupted by fckwit PR men and a host of other things this is not a good day. But at least in 48  hours Pizza hardman Darren Atwater has the FSAL headache and I shall be away from acursed London and back in Bristol. On the podcast today: Outsourcery (OUT), Wandicso (WAND), Paragon Diamonds (PRG), Sefton Resources (SER), Fitbug (FITB), Koovs (KOOV), Boohoo.com (BOO), Daniel Stewart (DAN), Golden Saint Resources (GSR) and Blur (BLUR).

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3110 days ago

Tom Winnifrith Bearcast 23 September - these folks are ALL avin a bubble

The countdown to Corrie live is underway. If you wish to understand what life is really like in the muder and drug dealing infested sexual hothouse that is the Grim Northern welfare safari tune in tonight. How can I compete with that in a podcast? But I do my best discussing Golden Saint Resources (GSR), JQW (JQW), Vmoto (VMT), Wandisco (WAND), Publishing Tech (PTO), Daniel Stewart (DAN) and Plethora (PLE)

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3110 days ago

Wandisco Interims – car crash ahoy!

You cannot say we did not warn you repeatedly but interims today from Wandisco (WAND) – although well spun – are a dog’s dinner. It is car crash ahoy time. When’s the next bailout placing and who would be mad enough to subscribe?

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