1881 days ago
In December 2018 Ted Baker (TED) brought in lawyers Herbert Smith Freehills to investigate allegations that its founder and CEO Ray Kelvin had groped members of staff. That enquiry is ongoing but will now focus on Ted Baker's internal controls. Kelvin insists he is innocent but has now quit with immediate effect. In light of that, we bring you two images from Baker's last annual report (which showed Kelvin trousering £1.6 million) and ask you to supply suitable captions on the comments section below by midnight tonight. As ever, the winner will receive a semi naked photo of Britain's top share blogger (mornings only), Thirsty Paul Scott.
2144 days ago
Earlier today Stobart (STOB) fired its former boss Andrew Tinkler and threatened legal action against him for his actions. Via the Winnileaks service, I have obtained the letter from Stobart’s solicitors Rosenblatt sent to Tinkler which discusses the damning allegations made against him in detail. What is most extraordinary is that he is alleged to have been working in conjunction with fund manager Neil Woodford on actions that would have benefitted Tinkler and Woodford’s funds massively, at the expense of everyone else. This could be a scandal too far for Woodford… The letter is extraordinary and we publish it in full below…
2589 days ago
I have just noted that my old pal "thirsty" David Bick is doing the PR for hedge fund Crown Ocean in its battle to oust the shamed, discredited and unwanted board and management at Bowleven (BLVN). If you are in a scrap with utter scumbags having Bick on your side is no bad thing as he is the king of this form of trench warfare, gutter warfare. Team Crown issued a statement on Friday which is damning. You will remember that the management of Bowleven is still in place despite shareholders voting most of the bastards off the board and now they are trying to flog the company. Crown - quite correctly - smells a monstrous rat. It states:
