4 days ago
Today I look at three companies. I start with Skinbiotherapeutics (SBTX) where I ask if it is better to travel than to arrive? Then it is onto Sarah Willingham, Allenby Capital, The Sunday Times and their collective shame in the disgraceful AIM IPO of car crash in waiting Nightcap (NGHT). Finally I look at Sosandar (SOS).
429 days ago
In today’s podcast I look at PureCircle (PURE), the roll call of shame and who should be publicly executed. I also look at Dev Clever (DEV), Tissue Regenix (TRX) and, once again, at Blackmore Bond a mini bond car crash which appears imminent and is another part of what will be one of the biggest financial scandals for years.
745 days ago
Most material on twitter is unadulterated junk. But there is the odd gem. In the case of Tesla (TSLA) where the sell side analysts are all paid bulls, some of the best insight is on twitter. Like Lucian Miers, I regard this company as an accident, no an outright car crash, just waiting to happen. In that vein I bring you a most instructive series of tweets yesterday from @Polixines13 who knows his or her onions.
1060 days ago
Hat tip to Andrew Monk of VSA for spotting this paper from Hult Business School. It does give you food for thought. Certainly why would anyone invested in a heavily indebted business with bigg exposure to the carrying value of cars as we known them ( Northgate or BCA Marketplace for example) or the AA? Maybe Neil Woodford should read this and ponder before he buys any more shares in the AA or BCA?
1136 days ago
Uk Oil & Gas (UKOG) today provides a case study in death spiral share price destruction. The only question wis whether the provider converted another tranche a few days ago and UK has not bothered to tell us or whether it converted today and is already selling hard. Elsewhere I look at the Tony Baldry car- crash on the way at Wesztminster Group (WSG) and try to put director share purchases at Condor (CNR) and Concepta (CPT) - which we own - into perspective. I look at Yolo (YOLO) which does not impress me much and blockchain madness at Vela (VELA). I ask what I should get the Mrs for Christmas, I am out of ideas.
1322 days ago
Apparently shadow home secretary Diane Abbott is unwell. It must be true becuase Labour says so. That is why she pulled out of an interview with the BBC's Woman's Hour this morning. It has nothing whatsover to do with her latest utter car crash interview on Sky last night HERE and the fact that she is a total liability. No. Labour says she is unwell and so that must be true.
How will this country cope
1453 days ago
My father told each of his children and step children that, as he had far too much money, he was gifting us a sum of, I think, £2,000. I was the odd one out in that I was given £1,000 and my father's old motor to sell, an old banger worth, he reckoned, less than a thousand pounds. But at least I could drive it until I sold it although the process of selling was bound to be a pain and was something I dreaded.
1470 days ago
The fraud African Potash (AFPO) has until 7 January ( saturday) to find a new Nomad or its shares get booted off the AIM casino first thing Monday. On the ISDX lobster pot (now known as the NEX lobster pot) it can't get a placing away - for reasons explained in this podcast - so it will be tits up within weeks. That has implications for Blenheim Natural Resources (BNR). Jamie Oliver is blaming Brexit as he shuts six of his over-priced branded eateries. But he is just another celeb tosser don't you think? I look at the real macro headwinds the UK faces. There is comment on Crawshaw (CRAW) and then a very detailed review of Lombard Risk Management (LRM) which is, I reckon a car crash in waiting.
1499 days ago
In this regular bearcast I look at why this is not a one man site. I also explain reasons why I am getting more and more bearish about shares generally. There is brief comment on Altona (ANR) and International Personal Finance (IPF) and then a very detailed look at the Fairpoint (FRP) car crash and the wider lessons for us all.
1768 days ago
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.