299 days ago
Yesterday we had the dismal prelims from Bidstack (BIDS) with the confession that it is talking to a death spiral provider to stave off a gig with the Fat Lady. Today the annual report is out and it contains fresh horrors hidden deep in the notes.
422 days ago
Finally, a week after publishing dreadful results Versarien (VRS) has published its full annual report for the 18 months to 30 September 2022. When this company goes bust, what it was hiding will be used to drag it and auditors BDO through hell and back, via the FRC. The main issue is goodwill and the balance sheet but there is also the pay rise loathsome Neill Ricketts was given.
427 days ago
It is now day 4 of the Versarien (VRS) Annual report watch. There is still no sign of the document. Even the PR is being kept in the dark as to what is happening and what loathsome Neill Ricketts is so keen to hide. Hint. SMTM. With Versarien shares now 97% down from all time highs who is to blame?
427 days ago
HSBC (HSBA) published its 500 page annual report on the same day as announcing its full year numbers. But it had nothing to hide. Almost all companies do exactly the same but three days after Versarien (VRS) published its full year numbers there is still no sign whatsoever of its annual
report. I have now had a response from the company’s PR team. It is hilarious.
427 days ago
Yesterday we had an abridged version of the 18 months to September 30 from Versarien (VRS) published. We had the P&L, balance sheet, cashflows and notes 1 – 10. But much we still do not know and a day later Versarien has yet to publish the full accounts. What is it hiding?
2765 days ago
The only matter of note in the Berkeley Energia (BKY) annual report for the year to June 30th 2016, in terms of financials, is cash and trade receivables. They totalled $18.6 million which is a very comfortable position to be in. What is really interesting are the footnotes. We quote:
2863 days ago
Jason Drummond assured us that the Teather's Financial 2015 annual report would look better than some folks feared HERE. But having signed it off, he has now quit (HERE) and having seen it I am not so sure.
2912 days ago
The last we heard Sefton Resources (SER) had c£250,000 in the bank but how much is left and when will we find out? The answer to the latter question is...potentially never thanks to the strange laws of the British Virgin Islands where this company has always been registered.
3032 days ago
The Year end of Worthington PLC (WRN) end was September 30th. But as yet we have not seen an annual report. For the avoidance of doubt I refer not to the year ended 30 September 30 2015 but September 30 2014.
3591 days ago
What was Indoor Golf City? And what has happened to it? Just another little nagging question for Quindell (QPP).
I refer you to the 2012 annual report where we see that Rob Terry earned £890,000 but also that:
3598 days ago
As you know I am thick as two short planks and so I am sure that there is a perfectly reasonable explanation for what appears to be another red flag in the ever growing red flag forest at Quindell (QPP). Perhaps a Bulletin Board moron out there can enlighten me regarding the missing 100 million shares?
On 26 September 2013 Quindell announced that it had bought 26% of PT Healthcare by issuing 31,551,270 shares. Do not worry about what it does, Rob Terry told us that it would be earnings enhancing so that’s alright. Quindell said that it had an option to buy the rest of PT for 242 million more shares which lapsed on April fool’s day 2014.
Now please turn to page 18 of the Quindell Annual Report which must be an accurate document sine it is signed off by KPMG. On that page Rob Terry states that:
3993 days ago
How do you keep an idiot in suspense? Assuming he is the sort of idiot who owns shares in AIM Cesspit listed Quindell (QPP) it is by telling him that the annual report is imminent. When will it arrive? Needless to say the company refuses to answer even that question. But one day soon it will arrive and so what am I (as a bear) looking for?
