Personal and undiluted views
Watchstone

37 days ago

Tom Winnifrith Bearcast: for Colin, Matthew and both their dogs - enjoy!

I start with two bits of civic duty today. I end with an appeal to those of you ( 90%+) listening who are yet to donate to Rogue Bloggers for Woodlarks, we are now at over £19,000. Help us get past twenty please by giving HERE. Then I have a warning of “incoming” for loathsome Neill Ricketts at Versarien (VRS), discuss Trevor Brown and then at length Bidstack (BIDS) and its clear rule breaking. Then Verditek (VDTK) – looking more and more a zero – Watchstone (WTG) – Quindell as was and the jail cell waiting for Rob Terry, today;s update on that.

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246 days ago

Tom Winnifrith Bearcast: Now Quindell (Watchstone) sues KPMG - this is bonkers, it should be thanking it!

I start with a personal message as to why there may or may not be a break in bearcasts over the next few days. Then it is onto how Watchstone (WTG) – Quenron (QPP) as was – is suing KPMG. This is bonkers. KPMG has made Watchstone shareholders far richer than they should be. I explain that and then discuss how if I was in charge and had a time machine, we would have stopped this fraud ever happening. Without the time machine, what would I do now? 

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310 days ago

Tom Winnifrith Bearcast: I will appear in court for PWC if asked to defend £63m joke Quindell claim

I start with a few notes on Covid hysteria, referring you to my earlier piece on perceived death rates HERE but also to research showing how pointless wearing face nappies is HERE. I look at R4E (R4E) and how Richard Jennings asks me to explain why Dr Green’s valuation of Bluebird Merchant (BMV) is a joke. I am a Good German and oblige. The shares, which I own, are – I believe – very cheap, but the analysis of Green is piss poor. Indeed it is so piss poor that the journalist-smearing old bastard should be fired at once. I look at Watchstone (WTG), Quindell as was, and its £63 million claim against PriceWaterhouseCoopers filed in the High Court today. I shall happily give evidence for PWC. I comment on Avacta (AVCT), Versarien (DOG), and Red Emperor (RMP).

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415 days ago

Tom Winnifrith Bearcast - as I prepare a major presentation and celebrate the latest Bidstack triumph I ask what is a fraud?

I am doing a number of presentations at the Shareprophets Shares show but a major one will be on what makes a fraud. I will draw on a number of companies, some now in tita up alley others like Bidstack (BIDS) still listed. It will be a stonker and yet another reason to book your ticket now for the ShareProphets shares show on May 9 HERE. In today’s podcast I consider the Motley Crew that is Watchstone (WTG) – Quindell as was – Bidstack (BIDS), UK Oil & Gas (UKOG), Sacvncell (SCLP) and IQE (IQE)

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605 days ago

Tom Winnifrith Bearcast: A triumph for Watchstone, the company formerly known as the AIM Mega fraud Quindell

i bet Watchstone (WTG) directors chant “can we play you every week?” when they meet the poltroons who run Aussie listed Slater & Gordon (SGH). I discuss the latest news and where it leaves both companies. Then I look at Purplebricks (PURP), Amur (AMC), you cannot be Sirius Minerals (SXX) and finally Big Dish (DISH). I start with a generous offer to you all! And PS. Make sure you watch Panorama tonight.

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636 days ago

Tom Winnifrith Bearcast: Profound thanks to crony capitalist PR man Reg Hoare but sorry only 5 out of 10

I am grateful to Reg Hoare for prompting Begbies Traynor (BEG) to answer my questions and so save me from having to go to Manchester. But its response gets only 5 out of 10 and leaves me unconvinced. I look at Sirius Minerals (SXX) where things will only get more grim up North. I cover St James House (SJH) and also Watchstone (WTG), where I give credit where credit is due.

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648 days ago

The Court papers showing how Quindell lied to investors ahead of the Slater & Gordon deal

I have already covered the laughable claim made by Watchstone (WTG), Quindell as was, against Slater & Gordon (SGH). Watchstone has made great hay about the conterclaim which ithe gophers of the deadwood press have swallowed hook, ine and sinker. But the actual court papers, below, are damning for Watchstone/Quindell. 

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654 days ago

Tom Winnifrith Bearcast: The Deadwood press is institutionally corrupt, case study Sunday Times & Quindell today

Liam Kelly of The Sunday Times spins for Watchstone (WTG) in a terribly dishonest way becuase it has been shown an email relating to the Quindell (QPP) era and Slater & Gordon. I will have a real Quindell scoop in a couple of hours not dropped by a PR but coming on the back of real hard work. That is my 6th Wedding annoversary present to myself. All is discussed in today’s podcast.

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655 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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734 days ago

He’s ‘avin’ a giraffe – king fraudster Rob Terry wants to sue Watchstone (Quindell as was) for £14.7m

You could not make this stuff up.  Watchstone (WTG), Quenron as was is trying to sue its founder, the king of the fraudsters, Rob Terry and others for breach of the share purchase agreement entered into by the Company with Mr Terry and others on 28 April 2011 in respect of the sale and purchase of shares in Watchstone Limited. But now Terry is seeking to counterclaim for £14.7 million. His claim is utterly ridiculous but will waste more of Watchstone’s dwindling cash pile.

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741 days ago

Watchstone (Quindell as was), a Canadian legal body blow and the £18 million claim it is hiding

In the dismal annual results for calendar 2018 published on May 9 Watchstone (WTG), Quindell (QPP) as was, claimed to go into great detail on the various legal cases it faces thanks to the activities of its former boss, the King of the Fraudsters, Rob Terry. Except it didn’t. On April 11 it suffered a massive blow in a C$30 million (£18 million claim if faces in Canada from Aviva. This it omits to mention in its finals but luckily I can bring you full court documents and a release from Aviva’s lawyers below….

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761 days ago

Tom Winnifrith Bearcast - Defrauded of £36 by Rentalcar/Europcar and fecking livid

I explain the nature of the fraud and why I am so livid. My anger is compounded by Wrexham Council and its inability to sign roadworks which wasted half an hour of my life. Then I find I agree with David Lenigas on something: can life get any worse? I discuss Argo BlockChain (ARB), PureCircle (PURE), Cabot Energy (VAB), Watchstone (WTG) and Toople (TOOP). Maybe I have a second question for Neil Woodford, will anyone pay £250 for me to ask it? If you are yet to donate to Rogue Bloggers for Woodlarks we are now at £27,000 raised so please chip in HERE.

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932 days ago

Tom Winnifrith Bearcast: Could Watchstone, the bastard son of Quindell, be a buy?

In today's podcast I look at Tomco (TOM), Watchstone (WTG), the bastard son of Quenron, Condor Gold (CNR), dire numbers from WH Ireland (WHI) and the read across to the FinnCrap IPO, Amedeo Resources (AMED), the Sith Lord Zak Mir and Optibiotix (OPTI) and at Haydale (HAYD)

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1147 days ago

Tom Winnifrith Bearcast: off to the zoo but where is Julie Meyer, have the Police dragged her to Court today?

In this bearcast I look at Avanti Communications (AVN), Watchstone (WTG) and Sound Energy (SOU). The maltese Police were meant to have found Julie Meyer and dragged her to the Courts today where a company where she is the sole director faced criminal charges over unpaid wages. Have they found her or is she, as one Meyer-ologist tells me, back in the UK having skipped Malta midweek. If anyone has any information please feel free to get in touch. 

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1343 days ago

Watchstone files High Court defence against £649 million Slater & Gordon claim on Quindell fraud - we publish docs in full

Watchstone Group (WTG) has filed its High Court defence against Slater & Gordon's £649 million claim against it for having been sold the fraud that was Quindell Legal Services (QLS). I must admit it makes for impressive reading and is robust. The one person for whom it makes utterly grim reading is the King of the fraudsters Rob Terry.

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1351 days ago

Class action lawyers now have more than 1000 claimants against Watchstone over Quindell fraud - confidential letter a

In its most recent statement Watchstone (WTG) group suggested that the potential class action against it from folks who lost cash as a result of frauds orchestrated by Rob Terry in the Quindell (QPP) era was minimal. Au contraire. The potential liability was estimated at £9 million but the number of claimants has more than doubled to 1,100 according to a letter sent to claimants which they have been told they must not pass on under threat of legal action. Luckily we have the Winnileaks service.

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1366 days ago

Tom Winnifrith Bearcast - do not get fooled by Watchstone's cash claims & shoot the scumbag "rebels" at Stratex

Those seeking to oust the board at Stratex (STI) have not been playing with a straight bat as an RNS late yesterday made clear. They are vermin who should be sent packing. Ditto Professor Conroy of Conroy Gold & Natural Resources (CGNR). I have news on his latest courtroom scrape in Dublin and also on the Afren (AFR) whistleblower to whom I make a generous offer. I am warming to Blur (BLUR) after today's placing and am almost tempted to nibble now that ghastly Phil Letts and his even more ghastly Mrs have gone. There is a detailed analysis of interims from Watchstone (WTG) - Quindell as was. Do not get suckered by that headline cash number. It is not real and the shares are a sell. Finally there is an update on the African Potash (AFPO) and Paragon Diamonds (PRG) litigation. 

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1439 days ago

Exclusive: Watchstone flogs another business back to the old Quenron gang - when will it tell the market?

Suffice to say the big winners from this transaction are the old gang, the associates of the King of the fraudsters Robert Simon Terry, not shareholders in Watchstone (WTG), Quindell (QPP) as was. But its remiss of the new team at Quenron not to keep you updated. So let me assist.

You may remember that among the 191 worthless businesses which formed the Quenron empire was one called Business Advisory Services (BAS). It was bought in 2012 in a shares based deal from Bradley Wingrave, Simon Rand and Mark Read - Mark featured in a number of Quenron deals.

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1449 days ago

Bulletin Board Moron Evil Knievil still wrong on Watchstone

I guess if you write for a website that makes the Official Jimmy Saville Fan Club website seem well read and popular, it forces one to also post on Bulletin Boards in order that your words of wisdom/attempts to ramp your flagging portfolio reach an audience of more than three men and a dog. Speaking of dogs - Watchstone (WTG) is stock which bear raider turned Bulletin Board Moron Evil Knievil has long argued is worth 500p. The shares are now 140p ( and falling) after yesterday's massive revelations from me HERE.

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1451 days ago

Exclusive: The full Slater & Gordon High Court Claim against Watchstone for £537m - damning on Rob Fielding, David Curry & the lies Quindell told

Slater & Gordon (SGH) spunked £649 million on buying the worthless, fraudulent assets of Quindell (QPP) in 2015, a deal that has seen its shareholders suffer a 99% wipeout. It has now filed a UK High Court claim against Watchstone (WTG), Quenron as was for £637 million and we have obtained the papers and, in a major scoop, publish the Claim in full below.

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1464 days ago

Beer & Popcorn time: battle of the poltroons - Slater & Gordon serves Watchstone over Quindell con

Oh boy this is going to be fun. It is one of those battles where you want both sides to lose badly. Like Germany vs Argentina at football or a ratings war between Jonathan Ross and Simon Cowell. But Slater & Gordon (SGH) has now formally served Watchstone (WTG) with High Court proceedings claiming breach of warranty and/or fraudulent misrepresentation for a total amount of up to £637 million plus interest. Watchstone says it will defend this robustly. Boy this will be fun.

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1494 days ago

More Good news about Quindell fraudster Rob Terry & Watchstone - SFO demands documents from Slater & Gordon

Oh dear, oh dear, the net is closing in on Roberty Simon Terry, the man behind the UK's biggest stockmarket fraud Quindell. Aussie Poltroons Slater & Gordon (SGH) which has almost bankrupted itself after paying £649 million for most of the worthless Quindell businesses from what is now Watchstone Group (WTG) has made an announcement.

The poltroons state that S&G's UK subsidiary has received a S2 notice from the Serious Fraud Office 

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1495 days ago

Quindell fraudster Rob Terry - is he personally on the hook for £50 million as Slater & Gordon sues? If there's a God...

More details of how Aussie poltroons Slater & Gordon (SGH) is suing Watchstone (WTG), Quenron (QPP) as was, for £600 million have emerged in the Aussie press. And for Britain's biggest fraudster of the past 30 years, already under SFO investigation, it is not good news. And top of the morning it is to you Robert Simon Terry.

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1582 days ago

Watchstone - the Curse of Rob Terry; legal bother in Canada

I have flagged up many times before that the Hubio (formerly known as the fraud Himex) and Ingenie operations in Canada faced serious issues because they had simply failed to deliver product as promised to major customers such as Aviva. Now it is out in the open with writs flying both ways. Oh dear...this is not going to end well for Watchstone (WTG), the legacy of fraudster Rob Terry strikes again.

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1610 days ago

Tom Winnifrith Bonus Bearcast: Watchstone (Quenron as was) Trading statement analysis - on balance a sell

There are two massive uncertainties regarding Watchstone (WTG), Quindell as was. I look at today's trading statement and offer up analysis which suggests that on a best case scenario this stock is more than fully valued but on a worst case scenario it is grossly overvalued.

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1659 days ago

Aussie poltroons Slater & Gordon go after Watchstone (formerly Quindell) for £53m - a pox on them both

The Aussie poltroons Slater & Gordon (SGH) who recklessly paid £649 million for the fraudulent businesses of Quindell has announced that it is making a claim on £53 million of that still held in an escrow account by Watchstone (WTG). Slater says that it has obtained an opinion from an independent barrister in respect of the warranties given and the escrow cash and that the brief says it has, on balance, a prospect of success. Oh dear. The only winners here will be the lawyers (other than S&G).

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1728 days ago

Watchstone & that Slater & Gordon Claim - worst case scenario is total bankruptcy

I apologise to you. In yesterday's bearcast I suggested that the downside case for Watchstone (WTG) as a result of the claims made by poltroons Slater & Gordon (SGH) was disastrous but not fatal - see HERE. I apologise my friends. It could be fatal. Thanks to reader D from the grim North for a hat tip here.

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1728 days ago

Tom Winnifrith Bearcast: Truthful Trump but Democrats lying on terror, The maths on Watchstone now & Alba spouting shite

ISIS seems to have struck again in the USA, in Minnesota but also in New York and across the river in New Jersey. Pathetic weasel words from Democrats will only anger folks on Main Street even more, Trump calls it right again. I cover the amazing weekend poll numbers on Trump the mainstream British media won't report today HERE and HERE. He is going to win. Elsewhere I explain how to value Watchstone (WTG) post today's shock news on the Quindell fraud from S&G (HERE). I look at Mitie (MTO), WH Ireland (WHI), Servision (SEV) and a statement from Alba (ALBA) which is pure 100% cock. 

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1793 days ago

Scoop: Ingenie Canada to Wind Down Operations - oh dear another Quindell fraud write-off for Watchstone

Oh dear, oh dear, oh dear., if my father had not drunk it all, it would be another ouzo moment for the Sheriff of AIM with news that Ingenie Canada is no more. We have been warning for ages that the Toronto based frauds of Rob Terry were falling apart but Watchstone Group (WTG), the rebranded Quindell has been in denial. There you go.

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1820 days ago

Watchstone: why not come clean today ( no-one's watching) re Hubio bloodbath?

As predicted HERE there was a blooodbath at the Toronto offices of Watchstone (WTG) yesterday but it could be worse still....

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1820 days ago

Watchstone - a Good day to Bury Bad news: more layoffs as Canada and Hubio fall apart

The remaining staff at the Hubio operations encompassing Iter8 in Toronto have been called to a "Town Hall" meeting at 11 AM Canadian time today so by the time their hear of their fate it will be after hours UK so any admission of what has gone on will be on 23rd June, a great day to bury bad news.

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1842 days ago

The £100m scale of the Himex Quindell fraud admitted to - Rob Terry Caption Contest

Watchstone (WTG), Quindell as was, has today admitted to the full scale of the Himex fraud - the Hassan Sadiq Rob Terry con at the heart of Quindell - full details are HERE. In light of this please supply suitable captions, in the comments section below, for the picture below in honour of Robert Simon Terry. Deadline: midnight Sunday.

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1842 days ago

Note 37 from Watchstone: the fraud of Rob Terry, the Naivete of Watchstone & the ghastly truth for S&G

You remember how Noise Induced Hearing Loss (NIHL) was going to transform the profits of Quindell (QPP)? Okay, there had always been sub 20,000 successful claims a year but fraudster Rob Terry was accruing profits on the basis that Quindell was going to win 72,000 a year. Yes a 360% market share and the City analysts, mug punters, auditors KPMG et al believed him! Jesus how could they be so thick or corrupt? We did warn them. Anyhow, have a butchers at Note 37 of the Watchstone (WTG) - Quenron as was - accounts yesterday. It states:

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1842 days ago

Tom Winnifrith Bearcast- Some folks trading AIM stocks are so fecking stupid: I don't believe it

I was pruning my first olive tree of the day and heard a noise behind me. Fearing the worst I turned and it was a tortoise which just sat there blinking at me. It was a special moment. That tortoise is smarter than idiots buying Circle Oil (COP) shares today. FFS how thick some folks are. Then I move onto Nature Group (NGR), Boxhill (BOX), Blenheim Natural Resources (BNR), Gable (GAH) and Wishbone (WSBN). Then a section on a PR man telling me what I should or should not be writing about Watchstone (WTG) The fecking cheeky bastard should stick to being an evil spinmeister and leave journalism to the professionals. Maybe PRs dont want us writing about an admission of £100 million fraud on AIM and would rather we just eprinted their lies/press releases? It is just not the way I work!

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1842 days ago

Watchstone confirms the SFO Quindell enquiry still live as full extent of the £100m plus Himex fraud revealed

Himex was the biggest single acquisition fraud perpertrated by Rob Terry at Quindell (QPP) and today the scale of that £100 million plus fraud has been laid bare as the re-branded Watchstone (WTG) has publsihed 2015 results. These show that statements made by new management with 2014 results were rash reckless and misleading but also that the Serious Fraud Office is still going after Terry and his cabal.

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1885 days ago

Watchstone does not want mad Edi's paper, no-one else wants its shite assets

Watchstone(WTG), the company formerly known as Quindell (QPP) has said that it turned down a share based offer from a private company for its hot-potch of useless cash burning and often fraudulent assets. That offer came from Tantalum, a company owned by mad Edi Truell of Tungsten (TUNG) infamy as I noted in bearcast yesterday HERE.

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1885 days ago

Tom Winnifrith late Bearcast: Blame Bill frigging Gates, bloody Walsall, Bodie, Doyle & Cowley

This bearcast and your newsletter are late for a range of reasons including my sickness; taking the Mrs to start a 3 AM journey to fill impressionable young minds in Finland with lefty nonsense; dealing with Bill Bloody Gates; morons from the Walsall Shit Hole and also Bodie, Doyle & Cowley, The Professionals. In the podcast itself I cover Watchstone (WTG), Rosslyn Data (RDT), Fitbug (FITB), Rose Petroleum (ROSE), SeaEnergy (SEA), UK Oil & Gas (UKOG) and in great detail LGO Energy (LGO). I urge you to read the piece today on SP Angel. Read it carefully my friends!

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1928 days ago

Watchstone Offloads Quintica, Good for it, another nail in the fraudster Rob Terry coffin

Watchstone (WTG) has offloaded another of the joke/frauds bought during the Rob Terry era to its management at a stonking loss. The sale of Quintica for £1.35 million is good news for Watchstone but shows once again what a crook the fraudster Rob Terry was.

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1929 days ago

Now Watchstone accuses Quindell fraudster Rob Terry of putting a swimming pool on expenses

This is the least of the problems facing fraudster Rob Terry. A looming arrest by the Serious Fraud Office and a likely multi year jail term is top of his worries but now Watchstone (WTG), formerly Quindell (QPP), is accusing him of six figure expenses theft.

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1931 days ago

I am now warming to Lord Michael Howard of Quindell too

First it was Donald Trump who I started warming too. Now it is Lord Howard, the ex Tory leader now a NED at Watchstone, the company once known as Quindell or Quenron. It is true I really am starting to rather like the man.

With Trump it was very much your enemy's enemy is your friend. If the Guardian, C4 News and BBC loathe someone he really can't be all that bad can he?

With Lord Howard, we may have crossed swords over Quenron, but he is just so amiable. Feeling bored the other day

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1936 days ago

Slater & Gordon Beer & Popcorn Results Debacle Podcast Part 1 - Good news for Watchstone

Slater & Gordon (SGH) interims are out and are disastrous for the Aussie poltroons. The Quindell (QPP) fraud has left S&G on its knees. But before I enjoy another ouzo I start with a look at how this car crash affects Watchstone (WTG) and for it the news is good.

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1961 days ago

TMC Southern, Quindell, fraud and the Companies House Mystery

I exposed the massive panama pump fraud at TMC Southern and Quindell (QPP) back in August 2014 and Quindell/Watchstone (WTG) now admits I was 100% right - having first said it would sue me for libel. It would be appreciated if the new management might apologise for that. Now we have some answers as to why TMC has not been struck off despite now being late on THREE sets of accounts. Companies house and I have swapped emails.

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1968 days ago

Rebranding at the Quindell/Watchstone FRAUD Hubio - photo exclusive

Shot in the Watchstone (WTG) offices in Toronto today..this is rebranding on the cheap. Hat tip to one of our many sources on the inside of this  sinking ship..

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1971 days ago

Tom Winnifrith Bearcast 24 January: Himex this is jail for Rob Terry & bad news for Watchstone + crap AIM investment companies

I am sorry for the delayed podcast but I am only just back from time in the Grim Northern welfare safari with the mother in law and thus can now let myself go with a volley of bad language.  I end with an explanation of who benefitted from the £150 million + Himex fraud at Quindell (QPP) laid bare earlier HERE and how it also affects Watchstone (WTG). Before that I talk of my annoyance on the silly blogger spats and the explain the difference between a cash shell and an investment company and why I regard our work on exposing the latter as invaluable. In the middle segment I have more bad news for oil companies such as XCite (XEL), IGAS (IGAS), Petroceltic (PCI) & Gulf Keystone (GKP) and for the sector as a whole but also for the markets. Dont blame China, we bears are still in the driving seat.

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1985 days ago

Tom Winnifrith Bearcast 10 January - Denial from Evil and you dear readers on Xtract & Watchstone

Evil Knievil sent me a snotty email on Watchstone (WTG) of which he is long. I think he is a bit in denial. And so to are some of our readers as they respond to perfectly good articles appearing here today by our new author Cynical Bear, notably on Xtract Resources (XTR) and Challenger Acquisitions (CHAL). All this is discussed in today's podcast.

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1986 days ago

Watchstone, aka Quindell, who got the £2 million bonus at Christmas: was it disgraced Rob Fielding?

A hat tip to Drunken Sailor for this post which sets in train the question of the Rob Fielding cover up at Quindell (QPP), now Watchstone (WTG). 

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1986 days ago

Tom Winnifrith Bearcast 9 January: In denial, Paul Scott, Quindell & China nutters

I deal with three sorts of folks who are in denial. Quindell (QPP)/Watchstone (WTG) owning BB nutters who still insist that Rob Terry may be innocent and I may be guilty, Paul Scott who sees value in retail stocks and the China nutters who cannot accept that what is going on is more than a little blip. Once again I warn that this podcast contains strong language.

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1986 days ago

Watchstone £1 Disposal today - what that tells us about the Quindell fraud

Watchstone Group (WTG), formerly known as Quenron (QPP) has today sold its property services business BE Insulated and Carbon Reduction Company for just £1. The statement is telling.

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2012 days ago

BREAKING: YourLegalFriend today files letter of claim for 342 punters against Watchstone/Quindell

I can reveal exclusively that class action lawyers Your Legal Friend has today sent its letter of claim to Watchstone Group (WTG) - formerly Quindell (QPP) - on behalf of an initial claimant group of 342 retail investors. 

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