303 days ago
But think of today’s suffering before I escaped and donate HERE. Then I look a bit more at poor John Allen and Tesco (TSCO). Then on the 4th anniversary of the gating of the Neil Woodford funds I look at Hargreaves Lansdown (HL). Finally a few thoughts on AI after recording the 4th Techcast on Friday.
1756 days ago
On Monday I demanded that RM2 (RM2) make a statement to cklarify its (grim) financial position. Today it has obliged and this maker of “disruptive” pallets where Woodford Investment management funds have a 67% stake looks to be utterly fecked.
1868 days ago
In this bonus bearcast I discuss breaches, intentional and otherwise and all the sorts pf percentages that the FCA will be demanding Neil Woodford provide on, I suspect, a now daily basis as his funds continue to implode. I play our various scenarios but none look good for Neil. If you enjoyed this bearcast, follow Jim Mellon and support the Rogue Bloggers for Woodlarks HERE.
2136 days ago
Taggstar is a company that, the joke ACE Fund run by Julie “lingere on expenses” Meyer MBE invested in and which – according to her lie packed fraudulent “private & confidential” begging email of 29 April 2018 (see HERE) was one of ACE’s hottest prospects, a "winner". Of course you and I know that it went into administration in July 2016. But it gets worse, because until her contract was “terminated” on 28 March 2016 Ms lingerie on expenses was the sole director of Taggstar.
Meyer’s successor George Robinson had to restate accounts signed off by Julie for the year to September 30 2015, and within months had to wind up the company. He stated to the administrator that there had been fraud on the Meyer watch and specifically that Taggstar company funds were “misappropriated and used to fund Ariadne Capital Limited”.
2304 days ago
The most excellent Cynical Bear series on the massive issues that Neil "Nomates" Woodford faces and questions he must answer drew to a close yesterday HERE. Now I go further pushing those questions just a bit more, asdking new ones and outlining three scenarions that could see the Nomates empire and all his funds crumble very quickly indeed.