hat tip

912 days ago

Tom Winnifrith Bearcast with a hat tip to Bjørge Lillelien and to Steve "Sherlock" Holdsworth

A second podcast on the US elections, analysis results I predicted so accurately yesterday can be found HERE. In this Bearcast I cover Chill Brands (CHLL), what the FCA must do NOW and why Chill is now officially fecked, Darktrace (DARK), Trainline (TRN) and shocking news from Parlsey Box (MEAL) flagged up by Sherlock – surely this demands a formal statement. 

1011 days ago

Tom Winnifrith Bearcast: A day when ShareProphets is covered in glory (again)

Yet again I have been thanked by the regulator for exposing cooked PLC books. Not that this will stop BBMs from defaming me in all the usual ways but those who count know we matter. So I discuss Eden Research (EDEN) and KPMG. Then there is Peter Brailey’s amazing scoop. Ta Guido for the hat tip (not!) – I discuss Powerhouse Energy (PHE) and Tim Yeo the sleazebag ex Tory MP.  Then I turn to Verditek (VDTK) as it misleads again c/o the AIM Shit of the year Richard “Gollum” Gill as his green ponzi bond deadline approaches. Finally there is the fraud Zoetic (ZOE) where my target price remains 0p after today’s dire admission. Add to your shorts.

1173 days ago

The funny old world of IFRS accounting – when is a profit not a profit?

Hat tip to reader TP for spotting this. New accounting standards were, I thought, meant to ensure that the picture painted in a set of accounts reflectyed the reality of what was going on at the coalface. But sometimes they have the opposite effect. Take this gem from yesterday’s Preliminary results from Heavitree Brewery (HVT):

1647 days ago

Is Petra Diamonds going bust? – hat tip Waseem Shakoor

As at June 30 2019 Petra (PDL) had net debt of of $541 million. The shares, 45p a year ago are now 8.735p valuing the company at just £75.6 million. The question is: will Petra go bust?