Personal and undiluted views
oil

23 days ago

Tom Winnifrith Video Shareshow No 24: Almost two and a half hours of Steve O'Hara, oil guru & IT failure Peter Brailey and myself

And now from Wales, by just 30 yards, it is my new weekly video show. This costs 99p per episode, and you can either listen to, or watch, some sparky interviews with Optibiotix (OPTI) boss Steve O’Hara and oil guru Peter Brailey.  There is also me. I am a big investor in Optibiotix but explain why I am angry but not selling and challenge Peter on how to play oil plus he and I discuss the most overvalued stock on the Standard List, a total joke capitalised at almost £100 million, worth c£1 million.You can access the show HERE 

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72 days ago

Tom Winnifrith Bearcast - lying really does matter

In today’s bearcast I look at Zoetic (ZOE) and why its monster lie from April Fool’s day 2019 does matter, even as Seth Freedman, at the behest of a Zoetic shareholder, harasses another one of our writers at 11 PM. I also look at Peter Brailey’s call on oil, why I agree and how to play it.

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342 days ago

Tom Winnifrith Shareshow No 3: Well over 2 hours of Peter Brailey on oil, gas and oil stocks, Skinbiotherapeutics CEO and myself on why Intu and Amigo will both be zeros

And now from Wales, by just 30 yards, it is my new, I hope, weekly show. This costs 99p per episode to access and you can either listen or watch very sparky interviews with our in house oil guru Peter Brailey not holding back with a new explicit warning on gas, Stuart Ashman of Skinbiotherapeutics (SBTX) who was so impressive I have just bought more shares and myself on how gravity cannot be defied forever with reference to zeros in waiting, Amigo (AMGO) and Intu (INTU).  You can access the show HERE


To watch the second show featuring bear raider Matt Earl on Boohoo and First Derivatives, CEO Aidan Bishop of Bluebird Merchant and Big Dish and myself on why Purplebricks is doomedgo HERE


To watch the first show featuring bear raider Lucian Miers, mining boss Colin Bird and myself with a devastating expose of Novacyt (NCYT) go HERE

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426 days ago

Tom Winnifrith Bearcast: if you want to feel suicidal, buy oil shares then talk to Peter Brailey

I start with my family and Coronavirus as I discuss in full HERE. then should we taxpayers bail out all businesses? Even frauds? Or the Mob? I explain why folks like our in house Euro loon J Price are so badly wrong. I then look at Laura Ashley (ALY), Itaconix (ITX) and then the oil stocks. Could oil really hit $3 a barrel? Or $10? I look at Echo Energy (TOAST), Nostra Terra (TOAST), Premier Oil (PMO), Tullow Oil (TLW), BP (BP.) and Shell (RDSB

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427 days ago

Podcast: Coronavirus vs the markets, the read across for oil, gold and silver

Newsletter editor David Skarica talks a lot of sense in the latest podcast from Palisade Capital. He starts by comparing Covid 19 to the Spanish flu pandemic of 1918 and discusses why it was under-reported.

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434 days ago

Tom Winnifrith Bearcast - oil price and coronavirus disasters ahead

In today’s podcast brought to you from Shipston I look at the oil price and what it means for a range of oil shares from the majors down to shitty little oil explorers on AIM. I then return to the coronavirus ex oil and with especial reference to Telit (TCM), Cineworld (CINE) and The Restaurant Group (RTN).. Finally I look at the proposed comeback of disgraced Neil Woodford.

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450 days ago

Tom Winnifrith Bearcast: time to lock Brokerman Dan up with Prince Charles & Greta in a small room

I start with the great global warming nutter who is here today. I then deal with another of that ilk, Malcolm Stacey, and his worries about owning oil shares. I coment on how central bankers might respond to Coronavirus but ask if it will work. I look at Angling Direct (ANG) and Sirius Minerals (SXX).

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499 days ago

Tom Winnifrith Bearcast: My condolences Mr Corbyn on what must be a terribly sad day for you

I jest. The death of Qassem Soleimani sees one more evil bastard heading to hell. While those with #TrumpDerangementSyndrome will shed tears for this Jew hating, terror loving mass murderer, I do not but discuss the impact of this latest Trump triumph on the region, on the oil price and on oil stocks. I look at Anglo African Oil & Gas (AAOG) and at Zenith Energy (ZEN) whrre I am contacted by material shareholders who want regime change something that makes Anglo’s desire to own Zenith shares even more bonkers. Finally I suggest that unless Bidstack (BIDS) clarifies three matters urgently its shares will continue to collapse.

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867 days ago

The BBC on Nigeria – beyond parody

Taxpayer funded, BBC Radio 4 has just run a long report on the problems Nigeria faces. It started with David Cameron slamming the country as being corrupt back in 2016. This, the BBC argued, was unhelpful. It was a bad thing to say. I am not normally one to defend Call Me Dave, but on this occasion.

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1000 days ago

The Russians are quaking because of Horse Hill - is this the most ramptastic David Lenigas tweet yet?

A man who slammed Elon Musk of Tesla for making irresponsible statements that he could not validate via twitter has just made the most ramptastic claim in history about the Gatwick Gusher. Step forward David Lenigas. Without extensive drilling which has yet to take place Big Dave Lenigas cannot justify this statement in any way shape or form. But apparently the Russians are quaking that little old UK Oil & Gas (UKOG) is going to transform the metrics of global oil supply... whatever...

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1103 days ago

UK Investor Show 2018 Video - Making money from oil onshore UK

This panel discussion was chaired by our very own Gary Newman and featured Jonathan Tidswell of Angus Energy (ANGS), David Bramhill of Union Jack Oil (UJO) and Richard Hale, assistant to "The Knife" in the City's No 1 oil team round at SP Angel

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1176 days ago

Frontera Resources - why no live oil?

Uber ramp meet the City's No 1 oil analyst, Zac "The Knife" Phillips of SP Angel. Today's protestations from Frontera (FRR) do not impress the knife who opines:

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1224 days ago

Andrew Monk says where oil is heading and lists the 5 oil juniors to buy for 2018

Andrew Monk of VSA is (belatedly) starting his 2018 this week with a seroes of sector reviews. In this one he looks at where oil is heading, at the majors and then concludes with the five oil juniors to buy. Over to the Monkey...

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1391 days ago

Andrew Monk on the great oil exploration triangle

Andrew Monk of VSA Resources has a geography lessn for those following oil explorers. Believe it or not the hot spot is not somewhere close to Gatwick Airport but somewhere a bit more exotic.

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1422 days ago

Tom Winnifrith Bearcast: Why Paul Scott's fucktard follower will always lose & should you sell all your oil shares?

Okay this really is the last one until September. But I have packed and am ready to travel and am bored, so here goes one more time. First up I discuss those who always blame others for their lack of profits, citing some twitter chum of the great Paul Scott. Then as Brent plunges through $45 I discuss why it is falling, where it will go next and if you should sell all your shares. The answer is a very selective no.

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1597 days ago

Tom Winnifrith Bearcast: Assisted by my father, 8 predictions for 2017

Once again I am sitting here in Shipston with a live audience of one, my father. So we have his take on George Michael - mine is HERE. My views on Syria are referred to in the podcast and the article I mention is HERE. Then I go onto my 8 macro calls for 2017 covering Europe and the Euro, interest rates, corporate earnings visibility, fraud & bankruptcies, house prices, shares, gold and oil.

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1629 days ago

LGO Energy - cash bonus in Spain not enough, another placing inevitable & another sleight of hand by Ritson

Loons, like our very own LGO Energy (LGO) owning fanatic Wildes, will have yesterday celebrated news that 11,200 barrels of Spanish oil which had accumulated over the summer had finally been sold. But shares in LGO still fell to just 0.11p. Here's why.

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1770 days ago

Aminex: "Shabby" Management has betrayed Shareholders says SP Angel

Once again the angry young man of the world orf oil analysis, Mr Zac Phillips has plunged his pen straight into the back of the management of a listed company. This time it is Aminex (AEX) which gets it with both barrels from Zac. He writes:

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1787 days ago

US Oil & Gas - its still avin a bubble

Serial publisher of lies, US Oil & Gas (USOP) now has cash to spend having found some of the stupidest people on this planet to pony up cash in its 27p placing. Hence now it has to update us all on its quest for oil where there is none. I apologise on missing this gem from comedy central on 17 June but better late than never.

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1809 days ago

Tom Winnifrith Bearcast - sticking it to Mayair, Jupiter Energy and in fact all Australians bar Kylie

In today's podcast I start with a few words on Greece as I head up to the Greek Hovel and the snakes. Then I move through TrakM8 (TRAK), Avanti Communications (AVN) and onto Boxhill (BOX). Lord Razzall: we will give you the day off to compose a resignation (in disgrace) letter, there are two more bombshells for you but they can wait until the weekend. I look at Bushveld (BMN), Jupiter Energy (JPRL) - and what its crisis says about oil companies in general - and finally I spend a good time taking apart Mayair Group (MAYA)

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1884 days ago

Want to slash the deficit Mr Osborne? Simple: Axe Scotland

The poisonous midget who leads the SNP, Nicola Sturgeon told her party faithful the other day that she was going to organise another referendum on independence come what may. It is no surprise that the midget is so keen on the EU given how she buys into its idea of democracy: the people can vote however they wish in referenda and they will keep voting until they vote the "right" way.

Of course independence would be economic suicide for Scotland. At $100 oil it was spending more than it would have received in tax. 89% of Scots are net takers from the State and the nation is almost united in its belief in money tree economics. 

Despite all this spending Scotland gets poorer as the public sector squeezes out the wealth creating sector, and sicker - life expectancy in Glaswegian men is now - at 57 - lower than anywhere else in the EU, indeed in the Eurovision zone which includes Ukraine with its civil war and its Chernobyl legacy.

As an independent nation, Scotland would be the Greece of the North at $100 oil. At $40 oil it would be the Upper Volta of the North which perhaps explains

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1933 days ago

Tom Winnifrith Bonus Bearcast - My friend you are in sheer denial on Gulf Keystone, your shares are worthless

My earlier podcast on oil was I thought very balanced but one shareholder in Gulf Keystone (GKP) disagrees as you can see in the comments section beneath that excellent Bearcast HERE. My fried you are in denial just like Comrade wildes on LGO Energy (TOAST) and those who still believe in Avanti Communications (AVN). I refer to all three stocks but Gulf in particular as I examine the various facets of this common investor trait of denial. 

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1937 days ago

Next Job for Bush, Ritson, Carroll, Piggy Austin - oil worth less than shit chicken graphic

As the summer wears on folks like little Keith Bush at Northern Petroleum (NOP), Andy Carroll of POS Mosman Oil & Gas (MSMN), halpess Neil Ritson of LGO Energy (TOAST) and Andrew "Piggy" Austin will be looking for new jobs as their company's go tits up. The graphic below suggests that next time they might want to try serving up something customers want to pay for?

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1948 days ago

Eleven Oil stocks heading for Zero

The weekend news from the oil sector is grim. I am not sure that folks out there in, what Malcolm Stacey might term, punterland realise just how grim it is. There is a massive PR and IR industry supporting the proposition that things can only get better. Au contraire, for the next few months at least, they are going to get a lot worse. And in that spirit I offer up a list of eleven oil E&Ps to sell now, to get out what and while you can, as they could well hit zero. 

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1956 days ago

A 100 year war with Daesh, oil worthless in 30 years - the Black Swan 2016 Newsletter

Each year my friend Richard Poulden produces a very thought provoking New Year Newsletter and the 2016 edition is a stormer. It is also the most pessimistic I have seen yet. Pour yourself a stiff glass of whiskey and brace yourself.

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1960 days ago

Gulfsands Petroleum extends open offer - looks like it is going to bomb

Quelle surprise, the open offer of shares at 4p from Gulfsands Petroleum (GPX) is going to bomb. As someone who called the shares out as a sell at 111.75p to much derision from the Bulletin Board Morons who - of course knew far more about oil and shares than did a dumb alcoholic pizza boy - it is somewhat gratifying to see the shares now trading at 3.5p to 3.75p.

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1981 days ago

Lenigas Cuba and a benchmark of the value of its stake in Petro Australis - what is the real NAV?

The supporters of the trainwreck IPO that is Lenigas Cuba (CUBA) argue that by clever acqusitions Jabba The Hutt will increase the NAV. Net assets currently stand at c 0.65p per share IF one assumes that £1 spent on acqusitions is worth £1. I would argue that it is not and shall demonstrate why below.

We can ignore the relatively small sums spent on buying dormant  or near dormant companies from related parties such as Green Hair Services - that will not destroy much NAV, certainly not as much as the obscene drawings of directors and PLC costs. The biggest acqusition to date is in oil ( well hoped for oil) and that is where it is time to see if Leni-Maths is at play.

Lenigas Cuba makes the following comments

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1989 days ago

Tom Winnifrith Bearcast extra 7 December - Malcolm Stacey 100% wrong about oil & shares

Old Getafix is a good man and we agree on many things. But his article today HERE on oil and on how shares are cheap is just 100% wrong and I have to take the Money Tree worshipper to task on this.

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2036 days ago

UK Oil & Gas pumps out more Horse Hill Bollocks but no one believes the Lenigas bullshit any more

Almost a year since the first drilling “discovery” at Horse Hill and the companies involved, led by David Lenigas ramp UK Oil & Gas (UKOG) still decline to drill again, instead pumping out more and more meaningless reports on the prospect. Today there is another but almost no-one believes the Lenigas blather any more.

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2099 days ago

Sefton – is its Indonesian deal now a hospital pass?

As I sat three miles from Horse Hill on Monday night I tried to distract myself from the thought of rolling green fields never to be tainted by industrial development, to the matter of oil. And to Sefton Resources (SER). Not that it is rolling in the stuff. Its main problem is lack of money – I sense that a rescue bailout is underway (see HERE). But it has a secondary problem, its much vaunted Indonesia deal must be in trouble.

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2101 days ago

Sefton shares imploding, now 0.04p to sell when’s the bailout placing?

As I sit in a hotel at Gatwick Airport killing time ahead of a flight to Athens, I ponder a walk down to Horse Hill. But enough of never to be spoiled green fields, let’s talk about oil. Sefton Resources (SER) shares tanked again today and are now just 0.04p to sell – the market cap is sub £1.4 million. So when’s the rescue bailout? Is it underway already?

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2102 days ago

Fastnet – Doing the Right thing even if it is red face time

A friend from God’s Chosen Country asks whether I should be slamming Fastnet (FAST) for getting out of the oil business. Au contraire. Yes there must be red faces at this AIM listed Irish oil explorer but I think it is doing the right thing and that more should follow. I applaud Cathal Friel for taking the flak for doing the right thing.

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2207 days ago

Video of presentation by Kevin Foo of Victoria Oil & Gas at UK Investor Show

The next presentation from UK Investor Show 2015 is by Kevin Foo of Victoria Oil & Gas (VOG) who also appeared on the main stage oil panel.

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2216 days ago

Video of the Oil experts Session at UK Investor Show - Horse Hill and much more

The oil experts main stage session at the UK Investor Show was hosted by scruffbum Ben Turney and featured Cathal Friel, Matt Lofgran, Kevin Foo and myself with a cameo appearance by Derek Musgrove when it came to Horse Hill. But the discussion was wide ranging. Oil prices to Africa to shares as you can see in the video below

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2277 days ago

Rules 40 and 41 of the 49 Golden Rules of Making Money from oil, gas and mining shares

Ben Turney and I published this book last year and it is not a bad read for anyone considering investing in resource stocks. If you would like a free copy just fill in the form HERE. As a taster:

Rule 40: Charts can lie, especially among juniors

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2312 days ago

Rules 27 & 28 of the 49 Golden Rules of Making Money from Oil, Gas & Mining Shares

We start today with another excerpt from The 49 Golden Rules of Making Money from Oil, Gas & Mining sharesby myself, Tom Winnifrith, and the young apprentice Ben Turney. Rules 27 and 28 cover Bulletin Board and paid for research. Actually these rules apply to making money from all shares. To download a free copy of the whole book fill in the form here

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2446 days ago

Rules 2 & 7 of the 49 Golden Rules of Making Money from Oil, Gas & Mining Shares

Myself & Ben Turney recently published a new e-book, The 49 Golden Rules of Making Money from Oil, Gas and Mining Shares. You can get a free copy sent to you by filling in the form HERE. But as a taster here are rules two and seven.

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2474 days ago

US Air Strikes will not save the Kurd Oil plays forever

President Obama has now ordered his warplanes to bomb some ISIS Islamofascist loons off to a place where they get to meet 72 virgins.  He is now off on a 2 week golfing holiday. If you think that this will save the Kurd oil plays in London - Genel (GENL) and Gulf Keystone (GKP) here is why you are wrong.

You need to think back to the last but one totally useless disaster of a Democrat to sit in the white house, the lamentable Jimmy Carter. He and his party were haunted by one event for many years – the capture of US hostages in Tehran. Carter tried a military option to get them out and it failed. The hostages only came back home when Jimmy had been replaced by the greatest President the US has ever known, Ronald Reagan.

It is not hostages that Obama fears. For ISIS makes the mad mullahs of Iran seem like cappuccino sipping, Guardian reading liberal pussies. What Obama dreads

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2474 days ago

TXO - Tim Baldwin explains and puts the case on video

Do you understand what oil junior TXO (TXO) does? It seems a tad complicated and its CEO Tim Baldwin seems to attract "mixed" Bulletin Board Comment. In this video from UK Investor show Mr Baldwin puts the case for buying shares in TXO.

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2480 days ago

NEW Mining and Oil shares book by Tom Winnifrith – get your FREE Copy

The 49’ers series continues with my newest book – the 49 Golden Rules of Making Money from oil, gas and mining stocks. You can buy it on Amazon for £6.25. Or we have 500 free copies to give away and you can download yours HERE

This time I have a co-writer in Ben Turney. Before anyone says it I have made mistakes investing in resource – notably mining – stocks. I hope that I have learned from them. And some of those lessons should come through in this short book.

This book is not aimed at experts but at private investors who want to dabble in the fascinating world of resource shares - gold, base metals, oil and gas. I hope there is something for everyone. Accendo has sponsored this project and thanks to it there are 500 free copies ready to download - just fill in the form HERE.

Happy reading.

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2480 days ago

Rules 37 and 35 of the 49 Golden Rules of Making Money from Oil, Gas & Mining Shares ( CPRs & Cash)

Ben Turney and I recently published our latest book “The 49 Golden Rules of Making Money from Oil, Gas & Mining Shares”. The book is on sale on Amazon or you can get a free copy HERE. As a flavour of what the book contains I bring you rule 37 (CPRs) and 35 (cash). Read on...

Rule 37: Too much faith is put into the Competent Persons Reports (CPRs) of junior oil & gas and mining companies.

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2489 days ago

My NEW book on oil, gas and mining stocks out today - order your free copy here

The 49’ers series continues with my newest book – the 49 Golden Rules of Making Money from oil, gas and mining stocks.  It is published TODAY and you can buy it on Amazon for £6.25. Or we have 500 free copies to give away and you can download yours HERE.

This time I have a co-writer in Ben Turney. Before anyone says it I have made mistakes investing in resource – notably mining – stocks. I hope that I have learned from them. And some of those lessons should come through in this short book.

This book is not aimed at experts but at private investors who want to dabble in the fascinating world of resource shares - gold, base metals, oil and gas. I hope there is something for everyone. Accendo has sponsored this project and thanks to it there are 500 free copies ready to download - just fill in the form below.

Happy reading.

Tick here if you would also like to be sent  - at the same time  -a free copy of Iain Maitland's The Golden Rules of Making Money from Residential Property  

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2543 days ago

US Oil & Gas – The Joke Continues

At No-one is watching O’Clock (5 PM on the Friday before a Bank Holiday weekend) GXG listed US Oil & Gas (USOP) served up its interims and an operational update. Once again CEO little Brian McDonnell shows that he is a true comic genius. I take my hat off to Brian, he never fails to have me in stiches.

Let’s start with the numbers. Admin costs have been scaled back and wee Brian boasts at the top about how the cash position at March 31 was $925,244 (excluding a VAT rebate due of $29,490). You rather guess that the wee man hopes that no-one checked out the balance sheet. As that shows trade and other payables of $314,878.  Even in USOP la la land you have to pay the bills at some stage – free cash was in fact just over $600,000.

Brian says:

The Company has adequate finance to fund current operations (see below). Further funds will be required for drilling and development of the Hot Creek Valley field.

In other words the company cannot afford to drill a well.

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2942 days ago

Farewell Zakynthos – Am I a snob? Yes

For once I spent my Greek holiday not on the mainland but on an Island. It is not something I plan to make a habit of for reasons that I shall admit to – I guess that I am just an unreconstructed snob. It all started at Gatwick airport last weekend as I waited with my partner in the departure lounge for a flight to Zakynthos. As I surveyed my fellow passengers I noticed a large number who were young, had large numbers of tattoos and various bits of their body pierced, seemed to use the F word in every other sentence and who were loudly discussing how they were going for “the season.” My heart sank.

By the time the flight was passing over Dover my fellow passengers were already drinking. My heart sank some more.

And so to Zakynthos.

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2958 days ago

Vialogy – Promoting again: where’s the beef?

Vialogy (VIY) the aim listed management lifestyle, ooops I meant to say oilfield services group is at it again with another promote the shares announcement. As ever it blathers on about doing work for a big name company (it is Chevron again) but what is this worth? Er……the silence is deafening.

The announcement is classic Vialogy waffle

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2985 days ago

Today’s Questions for Sefton Resources – the world of Leavenworth (less) county

As you are aware AIM listed joke oil company Sefton Resources (LSE:SER) is suing myself and my pal Dan Levi (Brokerman Dan) for libel. We cannot wait for our days in court as this is getting more amusing by the day.

A day or so I asked Sefton the simple question – how many flights to and from Hawaii (where Jim Ellerton lives in a luxury mansion) have been paid for by Sefton? The answer could be nil and if so I would have hoped for a speedy reply. I have had no such reply. Perhaps shareholders might have more luck putting that question to the company directly- I suggest calling its PR man Alex Walters on his mobile 07771 713608 - good luck.

But I now have a few more questions and this time I move from Hawaii where Jim spends his millions to Kansas and Leavenworth County where in 2009/10 Sefton ponied up a total of $215,000 to buy some gas pipelines.

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2994 days ago

A day wasted by Sefton and my July 11 Moment – See you in Court bitchez

I spent all of yesterday talking to the two lawyers who are assisting me with my defence against the spurious claims made by AIM Listed oil penny dreadful Sefton Resources (LSE:SER) that I have committed libel. Well here is another article for Sefton’s uber expensive City lawyers Pinsent Masons to read for I make fresh allegations today.

I have also today lodged my intention to fight this case with the High Court. And I am keen that battle commences as soon as possible, before Sefton runs out of cash. I do not wish to be denied the chance to see inter alia Jim Ellerton, Doctor Green and the senior partner at Pinsent Masons (company secretary to Sefton) having to give evidence on oath.

In compiling my detailed response I had a great moment. My July 11th moment.

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3012 days ago

Resource expert Sam Bottell's 7 Top UK Oil Picks Revealed

Ok, cut out the emails and stop pestering me. This report went out on onefreesharetip.com on Friday and it seems that stacks of punters could not be bothered to register (it costs nothing) and have now decided to plague me to send it to them. Okay, just to give my email in-box a break, here you all are. But this is the last time I shall be republishing a onefreesharetip.com tip or special report. If you want to make sure you get the next special report 8 explosive small cap stocks to buy now by ex t1ps senior writer Steve Moore – due out next Thursday) plus a free share tip every working day just go and sign up. It is free and you can do it HERE

Now, as I head off to watch recordings of the last two episides of Dallas ( I just cannot escape oil) here is that report from Sam:

Everyone should have some oil exposure in their portfolio. Long run supply demand patterns are impossible to predict but in the short to medium term there is always the risk of a Black Swan event that disrupts supply and sends the price of oil spiking sharply higher. I suppose that the odds on favourite for a 2013 Black Swan (if that is not a contradiction in terms) is Israel attacking Iran. The second obvious Black Swan event would be civil unrest in a major oil producing state. Might Saudi Arabia, for instance, have its own “Arab Spring?”

If oil spikes higher oil stocks, especially those with production, will – thanks to operational gearing see windfall net income gains and their shares will move sharply higher. But non oil stocks, facing sharply increased fuel bills and so reduced margins will head the other way. And it is for this reason that everyone should have some oil exposure within a balanced portfolio as a hedge.

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3052 days ago

Guest Post: Robert Sutherland Smith on BP

Robert Sutherland Smith started his City career the year before I was born. He is, I think, 157 years old. He and I have worked together for almost eight years. at t1ps He is my friend and he is a very funny and intelligent chap. He is now branching out to celebrate his 158th by doing some freelance writing over at TradingResearchPoint on FTSE 350 Income stocks. He is a great one for focussing on yield. He is also going to do a monthly column for me on this blog on the subject that really interests him, life on Hampstead Heath. I am sure we all look forward to “Pond Life.” RSS today looks at BP. I cannot say that I disagree with his analysis.

One should always have some oil exposure in your portfolio. Those of us old enough ( and I certainly qualify on that count) can remember at least three oil shocks when events in the Middle East have sent the crude price soaring. While the rest of one’s portfolio tends to take a bit of a hit on such occasions, your oil stocks prosper. You need that hedge. And, although no expert on regional geo-politics, it strikes me that the Middle East is, as a region, rather more “combustible” today than it has been for many a year. Sooner or later it will go up in flames, the oil price will spike and shares in large scale oil producers will be re-rated rapidly and brutally. Until then the issue is what oil stock to hold and that brings me to BP (BP.). Is the yield on offer sufficient to both offset business risks and also give me a reasonable return until the oil price spikes as it will inevitably do at some stage?

However, I start not in the Orient but in the United States.

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3095 days ago

Video Postcard Number 16

I think both sound and picture quality are okay this week. Recorded on a wet weekend this video postcard is about 12 minutes long.

On the agenda
1. Leyshon Resources (LRL)
2. A big win for the Nifty Fifty which you can subscribe to here
3. Vialogy (VIY ) – new points of concern
4. Hype versus value
5. Wider market trends
6. The Middle East and oil
7. The publication of Letters from the Chestnut Tree Cafe, my new e-book. You can obtain more details and pre-order here.

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3217 days ago

A Second Video Postcard from Greece

I think I am getting the hang of this video technology. I am writing to you from the Connections Bar where there is a high speed wi-fi service and my latest video is whirring its way online. Last time it took 14 hours to get back to the UK. This time it looks set to complete in 150 minutes.

The play list here could have been created by me. Oasis, Nena, Dexy’s, all I need is some Undertones and I shall feel like I am back at Real Man Pizza. Anyhow, I hope that you enjoy the video

On the Agenda

  1. Greece
  2. The Euro
  3. Gold
  4. Oil
  5. Inflation and how that affects your portfolio

A new share tip on the way on TomWinnifrith.com – maker sure you follow me on twitter (@tomwinnifrith) for the alert. It will go out during market hours.

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