greed

65 days ago

Tom Winnifrith Bearcast - Rowing with Gary Newman & option greed from Clem

In today’s podcast I look at Powerhouse Energy (PHE), bitcoin, Online Blockchain (OBC) and ADVFN (AFN).

72 days ago

Rewarding the most abject of failures here in Wales – not for the many but for the few

I refer not to Mark Drakeford, our First Minister. He is clinically insane so should not be judged too harshly for the scandal that is evident at the Welsh Assembly. For its members ( an MS) are set to get an inflation busting 2.4% pay rise next year taking the stipend of an ordinary MS, let alone a minister, to £69,273. This is a reward for failure. It is certainly not the sort of performance related pay we wicked capitalists in the private sector like to advocate.

259 days ago

Novacyt – new Coronabollocks news, this is all about executive greed and share ramping now

As I explained in some detail in my first new video show three weeks ago, Novacyt (NCYT) senior managers, notably CEO Graham Mullis, are massively incentivised to ramp the shares as hard as they can up to October 17. If they achieve peak ramp they will clean out the company’s cash reserves, leaving the PLC gasping for breath as they shout “Ching! Ching! And buy top of the range Porsches.” The full scheme is explained HERE

512 days ago

EXCLUSIVE: The “tax efficient” greed of London’s worst Nomad Roland “fatty” Cornish again exposed

At tonight’s crony capitalist black tie AIM awards dinner paid for by you, long suffering AIM investors, I suggest there should be a special award honouring the rapacious greed of the man who floats and represents the bulk of the shittiest companies on the AIM Casino, Mr Roland “Fatty” Cornish.  The annual report for calendar 2018 for his company Beaumont Cornish, has just been posted on companies house having been submitted three days before the nine month deadline (like client, like advisor) and is shocking as you can see below.

616 days ago

Tom Winnifrith Bearcast: Putting Nigel on the spot on Sosandar & the double standards of the bell-ends at the LSE Asylum

I discuss the double standards of those running the LSE Asylum with reference to UK Oil & Gas (UKOG), its lying CEO and some poltroon who asserts I take bribes. I ask Nigel if he still thinks Sosandar (SOS) is a buy at sub 20p as it is sub 20p. I’m not sure. I look at greed and rewarding failure at Staffline (STAF), pass on rumours about Union Jack Oil (UJO) and comment on Bluejay Mining (JAY) and Dev Clever (DEV). Now it’s back to hard work at the Welsh Hovel.

619 days ago

Tom Winnifrith Bonus Bearcast: WPCT, Proton, EIF, valuations, Neil Woodford's greed and FCA box ticking fail (again)

In this bonus bearcast I look at the failure of the FCA & Link with regard to box ticking and the correct valuation of Proton Partners in light of the latest £25 million fund-raise. This just cannot be right.

786 days ago

SHOCKER!! How much dividend did Neil Woodford take for losing his investors’ cash? Unacceptable Greed exposed

Neil Woodford’s Woodford Investment Management results for the year to to March 31 2018 have finally been released. The good news is they were filed on time – they were received by Companies House on Christmas Eve. The bad news is that over the period his equity income fund lost around 13.5% for his unit holders whilst the FTSE All-Share was broadly flat. And the shocker? Read on! This is the unacceptable face of capitalism, monstrous greed, as failure is rewarded.

1039 days ago

Tom Winnifrith Bearcast: No 1 Catching up on the Telit and Andalas lies and scandals

After getting back home from Sweden in the late afternoon I jotted down my thoughts on Andalas (ADL) a company still insolvent after a placing on Monday and where the stench of the greed of its ex CEO Dave Whitby is omnipresent. Then it was onto results from Telit (TCM), the insider dealing of its CEO, possible disposals, 88 definitions of profit and the ongoing mega cashburn which is the grim reality.

1073 days ago

Tom Winnifrith Bearcast: Gloo Networks excusing my fecking French but this is a fecking disgrace at all levels

In this bearcast I cover Sosandar (SOS) as Cynical Bear pretends to be Ben Turney on steroids and then turn my fire to all the bad news that UK Oil & Gas (UKOG) is sitting on and may release well after hours tomorrow. Then I look at Gloo Networks (GLOO) which is linked to BCA Marketplace (BCA). Gloo is at every level a total fecking scandal of greed and well everything. I should warn you that there is a bad language alert as Gloo is everything that is wrong about the AIM Casino. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH

1321 days ago

42 BBC fat cat women like Fiona Bruce and Laura Kuenssberg dress up naked greed as a feminist fight

42 grossly overpaid readers of autocues at the state funded generator of fake news that is the BBC have written to their boss today demanding that they be even more grossly overpaid. The least grossly overpaid of these women earns £150,000 a year or, put another way, just over 1000 license fee payments. They have made demands for substantial pay rises because they are doing their bit in the invaluable fight for women's equality, they are fighting as feminists. This is a truly selfless act on their part. Yup.

1326 days ago

It is the Greed of BBC stars that is the issue NOT the gender pay gap

Today we learn the names of all BBC stars earning over £150,000 a year. It is only the existence of an overpaying state funded broadcaster that keeps presenter pay up at stratospheric levels. In the USA where there is a free market and no state subsidies the pay for doing an easy job (reading an autocue) is falling and not that high. This is the tip of the iceberg. 
How many BBC staff you have never heard of are earning £100,000, 75,000 or whatever? Quite simply pay is out of control. And who is funding that?

1330 days ago

Plant Health Care- you confuse management greed with incentive

In theory share options are there to incentivise management. There is of course scant evidence that directors who are often grossly overpaid will actually work even harder/be less lazy because they get to have a one way bet on the share price. It may encourage actions that drive short term share spikes but is there a proven link between options and value creation? Er... no. What we we do know is that options are not cost free.

1579 days ago

Gable Insurance Inc. – the dangers of greed

We know that the CEO of Gable Holdings Inc (GAH), William Dewsall was incentivised by bonuses linked to how much premium Gable Insurance AG underwrote. Readers may recall that the Financial Market Authority (FMA) Liechtenstein appointed 
PricewaterhouseCoopers AG, as Special Administrator to Gable Insurance AG on 10 October 2016, to assess its financial situation and protect the interests of policyholders. 

1756 days ago

Andalas Energy - Disgusting Greed, Cornhill, gaps in the AIM document & cash crisis looming

I suspect that few of those idiotic enough to take part in the 0.2p £2.6 million placing by Andalas Energy (ADL) will have bothered to read as far as page 113 of the AIM readmission document. Prepare to be horrified.

1828 days ago

3 Legs Resources - Greed and Statements that do not add up - disgrace

3 Legs Resources (3LEG) would have gone bust without my good pal Jim Mellon going in last June, investing £500,000 for a 29.9% stake and organising a Reverse takeover announced today. So he is a hero. The only problem is that this whole RTO stinks, companies house filings are all over the shop, nothing adds up and the stench of greed is palpable.

1851 days ago

Tom Winnifrith podcast: #Juniordoctorsstrike - lazy bastards lying about their greed

The greedy Junior Doctors are on strike again. They are not saints as they imply, they are greedy bastards who are lying about their greed and about putting patients first. I have no sympathy as I report the true facts.

1949 days ago

Lenigas Cuba – the greed of David Lenigas and the 0.01p share issue – the dates look very awkward

If those foolish enough to have invested in Lenigas Cuba at 2p back in July are wondering how they might get their cash back I suggest they start doing a date check or two for I have a shocking revelation.

2313 days ago

Tom Winnifrith's BearCast 4th November lies, greed and incompetence on the AIM Cesspit with Touchstone Gold

I really do not care about the POS company that is Touchstone Gold. It is typical of the detritus at the bottom of the AIM Cesspit. But its RNS today is a shocker - it is grotesquely misleading. Behind it lies a tale of management incompetence and greedy and venal crony capitalists on the AIM Casino who care about nothing other than lining their own pockets and funding the coke and hookers. Shareholders are just there to be screwed. All of the guilty parties are named and shamed and the lies exposed in this scorching podcast. Yes. I am angry.