24 days ago
This is Nigel Somerville’s phrase. I should stress that the two don’t mix but it will be used by [email protected] Capital (SYME) owning morons as evidence that I am a drunk. Hmmmmmmmm on about 2 units a week, methinks not. I discuss the Supply fraud and what the company’s, honourable and truthful, PR man is telling the morons. And what they should take from it. I look at the silver spike and advise you what Lucian has done in response. I look at reasons for ouzo on cornflakes: Bidstack (BIDS), Remote Monitored Systems (RMS) and Iconic (ICON). I look at a personal winner AEX Gold (AEXG ) which is very cheap and at new bad events at my baddest tip of the year Asiamet (ARS) for which I apologise.
24 days ago
The first of a number of triumphs today for the Sheriff of AIM is AIM bad boy Bidstack (BIDS). After repeated pressure from this website it has, finally, admitted that its pre Christmas trading statement was a deceit and, better still, has issued a shock warning about 2021. Oh dear, its moronic followers, including Mike Turner, that cross dressing IT freak from Northants, will be cacking themselves as a cash crisis looms. Let’s start with the false market created on 17 December with the misleading RNS signed off by shameless Nomad Stifel.
29 days ago
Twice in the past week, most stridently yesterday afternoon HERE, I have made it clear that Verditek (VDTK), the serial AIM sewer deceiver ramped by shamed tipster “old mother” Walters and chaired by Tory toff Lord Willetts, needed to come clean on yet another pre-placing deceit and its lack of revenues. I guess the Oxymorons at AIM Regulation were listening as this morning the company fessed up. It’s ouzo time for me!
35 days ago
My joy this morning is somewhat tempered by the fact that the River Dee which flows past the Welsh hovel in which I live, is at its highest level this century and I have wasted much time putting sandbags by the doors at the river end of the house. Fingers are crossed as, right now, the waters have just reached door level. Notwithstanding that, it is ouzo on cornflakes time, as shares in con [email protected] Capital have been suspended at my instigation, albeit two days too late.
50 days ago
Gary Newman got much grief in times gone by for warning folks about this dog. Today, I imagine he will be enjoying extra ouzo with his fishcakes as the shares were suspended from AIM as the one month notice period of, now, former Nomad Strand Hanson came to a close. But what next?
63 days ago
I start with Joshua’s Advent calendar which today, I think, is #fakenews. Then I look at Wishbone Gold (WSBN), Coral Products (CRU) – you guys all owe me a bottle of ouzo, Sarah Willingham’s dog Nightcap, Remote Monitored Systems (RMS) and then finally
don’t all fantasise about killing me at once the con that is [email protected] Capital (SYME) and today’s misleading RNS. May i wish you and your families all a very Merry Christmas and please do not dare to reply with any message about Happy Holidays.
153 days ago
I have been warning about Wellesley Finance Plc since Sunday 17 February 2019. It was the third in a series of articles I wrote about mini bond lenders in early 2019, starting with London and Capital Finance Plc, then Blackmore Bond Plc, and finally Bassett & Gold Plc with the other three now all in administration with substantial losses of investors capital. Now its 4 from 4 – ouzo at the Sheriff of mini bonds towers! And, again, the FCA has fecked it up whden it comes to ignoring clear warnings and its basic job of protecting investors.
161 days ago
Oh dear, Lyin’ Chris Cleverley, the cousin of Tory party bigwig James ,is in a spot of bother having been slammed by the regulators of the junior exchange Aquis for misleading investors in his POS company Block Commodities, formerly African Potash. Better still Aquis acted on a specific letter from my good self sent on 18 November 2019.
175 days ago
It was Uncle Johnny’s last full day with us and after the trek to and from Mistras the previous day it was agreed we would do nothing all day. Nothing all day at the Greek Hovel used to mean wandering around snake spotting. These days it means dipping into the library of books out at the hovel or just dipping into the swimming pool which, notwithstanding the water shortage affecting us and the whole village of Kambos, was full at all times. Yes, I do know what you are thinking!
197 days ago
A source who is 100% reliable tells me that the first member of the Quindell crime gangto face legal consequences will discover the good news this week. I shall keep you posted but I am in the right place to secure barrels of ouzo with which to celebrate. Elsewhere I discuss Eqtec (ETQ) and why an eminent poster on our comments section is wrong to give it a clean bill of heath regarding its fraud. I debate valuing stocks in relation to NAV with respect to mining stocksand investment companies and why it is different. I look at Cineworld (CINE) and bid rumours, [email protected] Capital (SYME) and lunacy and at the atrocious results from Versarien (VRS) and its startling admission re its illegal taxpayer loan. I also discuss why i am not panicking on gold and the gold shares I own.
216 days ago
I have been waiting for this day for a long while. I hope that comrade Graham Neary has a glass (or seven) of Black Velvet over in Ireland tonight. I shall have an ouzo as I enjoy some karma heading to the - journalist-smearing – fascist PR bastards at Citigate. I should warn you that this podcast contains some bad language as I consider the AIM demise of Fastjet (FJET). I laugh at a rumour about Ascent Resources (AST) and the whore blogger Malcolm Graham Wood and I consider the laughable plans of the pathetic nanny state regime of Bojo to tackle obesity. I also look at Cineworld (CINE), R4E (R4E) and [email protected] Capital (SYME), three firms I fear are in the merde. And did I mention that Citigate Dewe Rogerson are a bunch of journalist-smearing motherfuckers whose comprehensive lack of ethics I shall toast with ouzo tonight?
218 days ago
As a part time resident of Greece, I am most delighted by the EU bailout. Not only does the mightly Hellenic Republic have almost no cases of Covid now, but we are also going to get shed loads of cash from other EU countries for our politicians to steal. Oops… I meant to invest wisely in rebuilding the economy. Fabbo. As you can see below, Greece is the fourth biggest winner from the great EU Covid lottery and, in terms of per head of population, I think we have (again) topped the handout table. Ouzos all round in Greece. Elsewhere, others are not so happy.
263 days ago
Here is another commendation for me for my pig ignorant critics on the Bulletin Boards and supporters of fraud to ignore. One day, maybe even Roger Lawson and certain thirsty share bloggers from Brighton might actually be forced to admit that the folks who matter not only respect my work but act on it too. This tme it concerns what was the largest oil company on AIM before it moved to the main market, Diversified Gas & Oil (DGOC). I complained about its accounts, the FRC thought I was correct and forced Diversified to make changes. The letter below makes that clear. Ouzo for the Sheriff of AIM tonight methinks.
279 days ago
Those who read my From Athens with Love dossier on InternetQ (INTQ) in 2015 when it was AIM listed will have been in no doubt that its users and sales were pure fiction. Today there is final vindication for me, this is yet another massive fraud from Greece.
435 days ago
A day of triumph at the Welsh Hovel sees me discuss Sound Energy (SOU) whose hand I forced last night with this article, Bidstack (BIDS) which has finally come, partially, clean about the mess it is in and Iconic (ICON) which has yet to ‘fess up to its woes but will do so soon. I also discuss one very good company, Optibiotix (OPTI)
456 days ago
I still have not worked out what it is called these days but other than the name nothing changes.
465 days ago
I lose count of how many warnings cash guzzling chip producer IQE (IQE) has now issued in its current sequence but, as I predicted, another one has arrived. The worry must be now that iby Q2 2020 it will find itself right up against the limits on its new £57 million bank facility.
510 days ago
My cats are on a roll, It is horrfic. I mention this at the start just to annoy NoGold. Them ouzo for Nigel as Woodford Patient Capital Trust (WPCT) fesses up on a fake RNS. But it is still stuffed. I look at Bahamas Petroleum (BPC) as it dissembles, Brady (BRY) whose shares should be suspended, Clear Leisure (CLP) and a joke deal and Ted Baker (TBK) which seems fecked.
572 days ago
In today’s bearcast i shut the windows at the Greek Hovel to cut out the noise of the cricket circus. I really could stay here for good and not come back to the UK. The Mrs is not so sure but she is warming to the idea. In the podcast I look at St James House (SJH) a POS handing me a bit of a triumph as accounts restated, Big Dish (DISH)
which I expose for lying and mugging poor old Malcolm Stacey HERE have some folks no shame? I also look at Kier (KIE) and Thomas Cook (TCG).
590 days ago
To those who say that ShareProphets is a joke site run by a fool or a knave, stick this letter below from the Financial Reporting Council where the sun don’t shine. Yet again the FRC is marking my homework with A*s. To those cretins on the Bullettin Boards who abuse me daily I ask: when was the last time you got a regulator to force an £800 million market cap company to change its, overly aggressive and misleading, accounting policies? Ouzo time yet again for the Sheriff of AIM.
607 days ago
Oh dear, oh dear, oh dear. This is a bleak day indeed for the Weald basin, Horse Hill, and all the fools who believed Lyin’ Steve Sanderson and shameless ramper Big Dave Lenigas. The dismal results first thing, from UK Oil & Gas (UKOG) were enough to justify ouzo on my cornflakes at Sheriff of AIM towers but mid morning saw news from Angus Energy (ANGS) and its Brockham site which is disastrous for those who disseds me and believed Lyin’ Steve and Dave. It is the death knell of the shameless and morally repellent, Wield basin (bigger than Saudi Arabia) promote.
614 days ago
The Sheriff of AIM is surely entitled to a celebratory breakfast ouzo at his hovel in North Wales? On Wednesday I flagged up a profits warning from the Krauts at Siltronic and suggested that IQE (IQE) was likely to follow. Less than 48 hours later the Cardiff dog duly barks. As a long term bear I have repeatedly warned silly sell side analysts, Thirsty Paul Scott and others that this company is a crock…once again I stand vindicated. And so to detail….it is grim.
746 days ago
I told you on November 8 that shares in Accesso (ACSO) would halve as I published a major short dossier. Oh how my critics laughed and scoffed for they all know better. Well it has not taken long for it to be ouzo time and vindication again at Sheriff of AIM Towers. I discuss DP Poland (DPP), Fox Marble (FOX) and a shameful ramp by Brokerman Dan, that is to say Dev Clever (DEV)
763 days ago
How I suffer for you dear listeners. All is explained. Then there is a long discussion on the administration of Patisserie Holdings (CAKE). I move on with a few more words on The Escape Group (ESC) which I covered HERE and then look at Eve Sleep (EVE) and the folly of Neil Woodford, Scancell (SCLP), Anglesey Mining (AYM), Ariana (AAU), Bluebird Merchant Ventures (BMV), Chesterfield (CHF) and Metro Bank (MTRO). Finally it is one day to ouzo time (again) on Frontera Resources (FRR).
791 days ago
I have spent all weekend being abused on twitter by morons who own shares in Frontera Resources (FRR) - notably @keithcareth, check his feed he is insane - who insisted that I did not know what I was talking about, that the FCA was after me, etc etc etc. I await an apology as today – as was inevitable after our weekend revelations HERE and HERE – the Nomad, Cairn, has quit. The shares are suspended and here is why it is game over.
811 days ago
I have a small bottle of ouzo ready for Monday at 7 AM GMT when shares in the fraud MySquar (MYSQ) will be thrown off the AIM Casino as no Nomad is prepared to replace disgraced SP Angel which quit a month ago. But the news today gets even worse.
829 days ago
Do you remember when shares in Sound Energy (SOU) were 80p+ and some commentators thought they would multi-bag from there? I warned you that this was a stock built on spinning plates and that, one day, reality would cause pain and misery for shareholders. That day is today, the shares are down by 29% at just 17p. But could it get even worse? You bet it could.
835 days ago
I explain why I am cursing Amazon almost daily. I look at redemptions and fund managers a problem lurking under the surface but also how do private investors react to stocks going to zero or doing an IQE (IQE). I look at worrying data from China and then at Utilitywire (UTW) - another Neil Woodford car crash - and at Interserve (IRV). Ouzo for Nigel Somerville soon I sense.
839 days ago
In today's podcast I look again at yellow journalism re Woodford Patient Capital Trust (WPCT) as covered HERE and the MySquar (MYSQ) fraud. The corrupt deadwood press is part of the problem not the solution. I cover the latest news from MySquar in case I don't have time for a dedicated article. Today is a Joshua day but I hope to write as he takes a nap. I also look at Mirriad (MIRI), Mosman Oil & Gas (MSMN) anmd Haydale Graphene (HAYD) whose news today means that Nigel Somerville will have enjoyed ouzo on his breakflast cornflakes.
863 days ago
On 27th September the joke company Fishing Republic (FISH) announced that it was “pleased to announce the appointment of Daniel Quinn to the Board as its new Chief Executive Officer, with effect from 17 October 2018.” Today, 16th October the company fessed up that it was bust. No need to clear your desk Danny Boy, in fact no need to buy cakes for the staff on your first day at work tomorrow. At least your CV won't need much touching up. Is this a record: Minus 1 days from appointment to an AIM tits up? Darren - make my ouzo a double!
874 days ago
Our Winnileaks Matt Earl special on First Derivatives (FDP) has set the cat amongst the pigeons. But I have bad news for the men from God's chosen lands of Ulster who run First. I have more and hope to air soon. Ho ho ho. Get the ouzo and ice ready. In this podcast I also cover spoofing at BlueJay (JAY), Fastjet (FJET), Frontera (FRR), the scandal at Indigovision (IND) which is enough to have us all voting for Jeremy Corbyn, Mayan (MYN) and, in some detail, Condor Gold (CNR), the gold dog which has sent so much of the cash of my good pal Jim Mellon to money heaven. I fear Jim will have to get his wallet out again soon.
877 days ago
I am beginning to think that God is not pleased with my restoration work at the Greek Hovel and is punishing me with an annual plague of my poor olives. Last year it was the hail storm ten days before harvest that destroyed the crop almost entirely, leaving my field carpeted with rotting berries and my neighbours crying into their ouzo and facing economic misery.
903 days ago
This is just to make my pal Evil Knievil jealous. I found myself in Kardamili, Islington on Sea, to use an ATM and to buy Evil a very superior bottle of Greek red wine, to show the old wine snob that not everything produced here tastes of mouth-wash. far from it.
913 days ago
The ruined Frankish castle of Zarnata sits on top of the hill overlooking Kambos and on its nearer side the village of Stavropiglio. I often sit staring up at it, in awe at the largely still standing outer wall which threads its way around the hill, when enjoying an ouzo in Miranda's or from the tables outside the Kourounis taverna run by lovely Eleni. In an attempt to inject a bit of culture to the holiday of Godless daughter Olaf, I led the family on a trek up that hill yesterday, with young Joshua on my back.
927 days ago
I started today at 4.30 AM GMT in Bristol. I did not have the rub of the green with logistics in Athens and thus I did not arrive at my posh Kalamata hotel until 6 PM GMT, 8 PM local time. I have checked my emails , enjoyed a Greek salad and am just about to order an ouzo. But the really good news comes from George the Architect…the Bat Room at the Greek Hovel is wildlife diversity secure, the power and water is still working and so tomorrow I move in….
933 days ago
For eons Cynical Bear has made one of his seven things that will never happen series, that Optibiotix (OPTI) shares would not reach 100p. As you may have twigged, they have reached and now breached, closing last night at 124p. And with a very pregnant deal pipeline so a stack of RNS's on the way, we who ignored the old Bear are feeling happy. I teased him that by way of apology he should send a bottle of ouzo to Sheriff of AIM Towers. He is a good man old Cynical Bear. Late last night, guess what arrived...
934 days ago
In today's podcast I look once again at Argo BlockChain (ARB) filling in a few errors and ommissions by Cynical Bear. I cover Ascent Resources (AST) which looks grim, WanDisco (WAND) and Pantheon Resources (PANR) where, once again, I demonstrate what a terribly nice chap I am.
948 days ago
First there was his flip flop On Sosandar (SOS) when he ‘fessed that his bearishness was an error. Now Cynical Bear’s much repeated claim in his seven things that won’t happen series, that Optibiotix (OPTI) would not hit 100p is in tatters too as the shares have this morning touched that level. Time for another volte face? And more importantly…
953 days ago
As is my wont, when in Kambos, I walked into the restaurant formerly known as Miranda’s and headed for the small cooking area at the back. The new supremo, the new Miranda, explained what was on offer and after due consideration I went for small pieces of pork in a wine sauce with a side helping of zucchinis and okra. That will end up costing me six euro.
953 days ago
As I arrived at the Greek Hovel on Sunday I was surprised to find the two elderly men employed by Gregori the snake killer hard at work. They sat under the shade of a large olive tree hammering away at stones to make them the right size and shape for use. Following my "ban the shiny modern bricks" edict those stones are now being used to build the bathroom in the master bedroom, the bottom floor of the new wing.
974 days ago
I guess the journalist smearing bastards at Citigate Dewe Rogerson might be about to lose another retainer. Their response to my probing of the financial woes of their poxy client FastJet (FJET) was to threaten and smear me. Fuck you Citigate. Now Fastjet has ‘fessed to just how grim things are. It could be tits up time by the weekend. Crack out the ouzo, let’s celebrate. I shed no tears for a company that stands by the actions of scum like Citigate. And I warned shareholders often enough what financial fate lay in store for FastJet.
1006 days ago
Having collapsed by another 25% yesterday to just 4.8 Euro shares in Folli Follie were suspended on the Athens stock exchange first thing today prompting a bearcast ouzo. Initially the company told the Greek media that it was because of all we nasty bears spreading false rumours and creating a disorderly market. Then at 11.30 GMT the awful truth came out.
1006 days ago
Hooray. After this week's doorstepping and podcast special and the work back in Bristol this is a great day. I suspect it is game over and discuss the probable demise of Folli Follie. Never buy a stock on a PE of 1. Elsewhere I look at rumours concerning Nomad Northland, at Echo Energy (ECHO), the fraud MySquar (MYSQ), my letter to Julie Meyer HERE, Sound Energy (SOU), Westminster Group (WSG) - with its revolting chairman ex Tory MP Tony Baldry - and Frontera (FRR) and its latest pre placing ramp. Now come on chaps, if you enjoy bearcast - and I know 1000 of you do every day - please donate £10 NOW to the Woodlarks charity walk - HERE
1088 days ago
It was my penultimate day in Kambos, the nearest village to the Greek Hovel. I had parked in the small side street that leads off the main road up and past the newest and biggest of the, at least, five churches in out settlement with a population of 537 (when I am there). I enjoyed a lunch at Miranda's - pork in a wine sauce, oven cooked potatoes and an ouzo for seven Euro. I left eight, headed back to my car and drove up to the turning square opposite the Church.
1094 days ago
For some reason I could not sleep a wink last night and thus my excuse for not returning to the Greek hovel for more failed bonfire lighting is that I am just so dog tired that I fear that I may fall asleep at the wheel. That is not something you wish to do on a Mountain road. Hence I content myself in my hotel wish washing my socks, admin matters and writing like a dervish. And trying to catch up on some sleep. If I manage all of that I may treat myself to a slap up meal at Katelanos tonight: Mountain greens, octopus and ouzo.
1101 days ago
If it was not ouzo o'clock at the Sheriff's Greek bolt-hole after the Servision (SEV) debacle it sure is now after UK Oil & Gas (UKOG) fessed up to disastrous news from Broadford Bridge. We bear have been utterly vindicated but there is far worse to come for the morons who thought they knew better - the shares have slumped to 1.9p but they will now inevitably fall to as low as 0.5p in the coming weeks.
1211 days ago
Maybe the regulators are not utterly useless after all. Sky is this morning reporting that the FCA has launched a formal probe into Telit (TCM). It is ouzo O'Clock round at the Sheriff of AIM Towers!
1271 days ago
I am no particular admirer of my Oxford contemporary, the pompous MP for somewhere in Somerset, Jacob Rees Mogg. But my fellow residents of the Hellenic Republic should at once establish a committee to erect statues of the pin stripe suited buffoon in every town square in our great land. The heroes of 1821 should stand shoulder to shoulder with the man who has arrived at a solution to our economic misery and enslavement by the fucking Germans, sorry I meant the EU, and banksters. Jacob Rees Mogg is the new Byron.
1295 days ago
That Telit (TCM) is going to zero is a given as I explained yesterday HERE. But now we need to know why Canaccord quit on May 26 as Nomad. I suggest the reason in this podcast and call for a wider AIM Casino rule change on Nomad resignations. Then it is on to 2 CEO resignations. The bombastic prick David Williams has gone from drowning in debt Avanti Communications (AVN). Avanti is toast but I run through the red flags pertaining to Williams himself and ask a question about his payoff for failure. As for Redcentric (RCN) can I claim this as a scalp? Frazer Fisher must have known about the mega payroll fraud of March 31 2016 as I revealed HERE. Yet he trousered a big 2016 bonus and sold stacks of shares just after publishing the 2016 number which he KNEW WERE CROOK. This departure is to avoid him being in situe when the FCA, FRC and SFO announce their findings. Actually can the Sheriff claim a scalp on the bombastic prick Williams too? I got the FRC to pan his company and exposed all sorts of Avanti red flags and naughtiness. Two scalps in a day - ouzo time?
1349 days ago
"Lyin' Chris Cleverley, fascist lawyers Memery Crystal,, NED Declan O'Brien,clueless accountants RSM Tenon, SA sleazebag MP Mark Simmonds, Phil Edmonds, Andrew Groves, we have beaten them all, we have beaten them all!. Lord Hain of sleaze, can you hear me? Lord Hain of sleaze ... your boys took a hell of a beating! Your boys took a hell of a beating!" Yes I think we can now declare victory in the war against African Potash. It never ends well for frauds especially those who hire fascist lawyers to send wanker letters to The Sheriff of AIM.
1349 days ago
I am meant to test my blood sugars twice daily and be in a range of 5-7 whatever that means.Almost two months ago I was 15.3 but these days an almost zero carb, almost zero alcohol, low stress and modest daily exercise lifestyle plus five pills a day has seen me happily in "normal" territory for someone tackling type 2 diabetes, for some days. But I just tested myself and it was 9.6. WTF!
1383 days ago
I have not even bothered to test my blood sugar levels for the past few days. I know they are up. I can feel a couple of the symptoms of type 2 diabetes making a minor comeback. Last night, for instance, I felt the need to piss several times. Net result: no sleep. And it is all so predictable. I could kick myself. Or certain others.
1385 days ago
As we walked out of the restuarant last night here in Kardamili, my eight month old son Joshua made eye contact with two ladies who, I guess, were about a decade younger than I am. He started smiling, they started smiling and soon conversation broke out. Joshua is a great ice-breaker whether you want him to be or not.
1388 days ago
There was I sitting in the Kourounis Taverna in Kambos having taken the Mrs and Joshua up to see his inheritance, that is to say the Greek Hovel. The Mrs and I were enjoying a Greek salad prepared by Nicho the Magician, that is to say Eleni's other half and Joshua was enjoying a few bits of bread and smiling at all passers by. A lady came up and introduced herself.
1405 days ago
Having explained to the nice lady who runs my favourite restaurant here in Kalamata why I had to turn down a free ouzo she expressed great sympathy about the plight of a man with type 2 diabetes. And thus, having finished my grilled octopus and black eyed peas and mountain greens, I was presented with a bowl of soup.
1407 days ago
On my new machine, the blood sugar reading this morning was 195, up from 146 the prior day. What on earth had I done wrong? I ate sensibly, I took good exercise and I only had one ouzo. It must have been the ouzo. I cursed myself. I reckon that reading is up in the high ten points old scale. Type 2 diabetes is a real bastard,
1409 days ago
The excitement of the snake killing left me so excited that I skipped lunch which I know is not the way that a man with type 2 diabetes should behave. There is no need to lecture me. Perhaps i should not admit that i had also more or less skipped breakfast, having just one small piece of rough bread. The oddity is that I am eating far less but am not hungry. Well it is not that odd.
1421 days ago
Day 2 of my battle to tackle type 2 diabetes showed just exactly why there was no way I could do so without shoving my keyboard in a cupboard and changing every aspect of my life. I had to go to London to do some expert witness business for a friend. So it was all on board the 4.47 AM having done a very early morning blood test which came out at 11.7 down from 15.3 the night before. I know that post fasting measures will be lower but even so: I was told those new zappo pills would work fast!
1431 days ago
It seems as if my father has drunk all the ouzo. Who can blame him? But how will I celebrate if the fraud Cloudtag (CTAG) is booted off AIM today? Join in the fun with our Cloudtag termination clock HERE. Elsewhere I look at Bowleven (BLVN), gosh I loathe its management team, Advanced Oncotherapy (AVO), also run by tossers, and Strategic Equity Capital (SEC).
1432 days ago
Next week may be disrupted by events in Warwick as I discuss at the end of this podcast but I shall be at UK Investor Show come what may and really hope you join me and 3,000 others there - book now for tickets to be sent on Monday HERE. In this podcast I look at Management Resource Solutions (MRS), why its RNS statements just do not add up at all and why I hope for bankruptcy. I also look at the latest news from FastForward (FFWD) which - if you do a bit of digging is a 100% rum and coke. Finally five years after certain folks turned down cash offers for Rivington assets preferring to asset strip them I bring you photos of a Master Investor show hall promising 5,000 attendees but in fact almost empty. Photo one show c500 folks in the main hall, the stands at the same time are almost empty! Ouzo time for me, a cup of cold sick for the asset strippers. It is hard to resist the temptation to gloat and indeed I found it just too hard. It is ouzo O'clock.
1440 days ago
It has only just dawned on me that in exactly two weeks time, at 4.30 PM I shall be cracking open the ouzo to celebrate the fact that no Nomad on AIM is so desperate for cash and morally bankrupt that it will act for the fraud Cloudtag (CTAG). And there will thus be an RNS issued to say that it will be slung off the Casino. As that day looms, how will the Bulletin Board Morons spin that as good news? Happy hunting on Cloudtag threads - and others - as we ask you to nominate the most moronic BB posts or tweets in the comments section below. The deadline is midnight Sunday 19th March and, yes, Wildes our pet in-house loon - can nominate his own posts if he wishes.
1455 days ago
This morning, after a series of profits warnings, AIM uber dog TrakM8 (TRAK) has announced that there is a bookbuild underway on a £1.66 million bailout placing at just 65p. The shares are now 67p bid so you'd be a moron to participate but conversations are being had between institutional morons and hapless broker FinnCap right now, not withstanding the fact that today's statement lays bare the Nov 28 interim statement as 100% misleading.
1461 days ago
In the main bearcast today I touch on the Cloudtag (CTAG) fraud but that is really covered in its own bearcast HERE. I do look at RapidCloud which was suspended today and will lose its AIM listing in a month. Who warned you that this would face a "terminal conclusion" 149 days ago? Was it PR wankers Walbrook or Nomad WH Ireland or savants on the LSE Asylum? Er no, it was me HERE. I then look at Challenger (CHAL) a zero in waiting, Iofina (IOF) and IGAS (IGAS) both of which should also be zeros. I commend today's excellent piece from Nigel, the Deputy Sheriff of AIM, on the Servision (SEV) scandal HERE. I take Nomad Allenby to task for failing to comment on this and for allowing Servision to mislead mug punters. AGAIN. Finally I take apart overvalued ramp Wey Education (WEY). Its shares are up 33% today. That is a ramp not a reflection of value.
1461 days ago
I waited until 10 AM before drinking a bit of my father's ouzo in celebration of the Cloudtag (CTAG) take-down described earlier HERE. That is the sort of restrained guy I am. Boy does the ouzo - pictured below - taste great and its only 51 days and I shall be back in Greece for a lot more. Today has been a 100% vindication for The Sheriff of AIM and my fellow bears and the Bulletin Board Morons and fraudsters are now in undignified retreat. I discuss what happens next, have a few new revelations and a few lessons the morons will, no doubt, not learn in this bonus podcast.If you are client of Novum stuffed into today's placing I explain how you can get your cash back.
1461 days ago
I had brought the bottle below back from Greece for my father. But I know he will understand. It is a very large celebratory ouzo for breakfast as the AIM fraud of the year Cloudtag (CTAG) has fessed up - its hapless Nomad Cairn has finally had enough of signing off on lies and has quit. It gets worse and it is going to get worse still. Bulletin Board Morons and Aidan Earley who smeared and attacked The Sheriff of AIM for repeatedly calling this out as a fraud line up and apologise now you bastards!
1464 days ago
All the shit I got when I warned y'all repeatedly what a crap company TrakM8 (TRAK) is almost seems worth it now after yet another awful profits warning. No doubt share blogger Paul Scott, crony capitalist PR Man Reg Hoare and uber-bullish analyst Lorne Daniel of Finncap have already ordered that crates of ouzo be sent to me at once as my top analysis is vindicated again. It is what this warning does not say that should terrify you. Things will get worse.
1467 days ago
For me this is a delight. I am in my favourite restaurant in Kalamata and I am the only customer. I have chatted to Amelia the owner and am half way through my first ouzo. Grilled octopus has just arrived with some greens, Amelia insists that I try some. I am not normally a rabbit food sort of person but they are splendid.
1468 days ago
Charlatan Darren Winters coughing up nearly all the cash he owed us after his latest court thrashing was a good reason to celebrate. And thus, I headed to my favourite restaurant here in Kalamata and started with an ouzo. Sadly the fresh octopus was not available. Hmmmmmmm. how to tease my friend the bear raider Evil Knievil with pictures of what treats lay in store? Could I top the honey soaked puddings at the Kourounis Taverna in Kambos (prop. lovely Eleni) or the fresh octopus at this place?
1470 days ago
After the Slater & Gordon (SGH) bearcast earlier you may have thought that I was sleeping off half a bottle of ouzo. Au contraire, I have been touring the Mani with George the Architect, the man who helped me to expose InternetQ last year. We went past Killers Gorge. Why can't you kill unsuitable boyfriends of your daughter or sister any more? As my daughter prepares to turn 16 this year I sadly conclude that this is yet another example of political correctness gone mad. In terms of stocks I offer a couple of corrections on Tracsis (TRCS) after yesterday's bearcast then look at Xtract Resources (XTR), Ascent Resources (AST), FastForward (FFWD), the over ramped hype company with which my good friend Jim Mellon is involved, Cobham (COB), Infrastructure India (IIP) and also the fraud Cloudtag (CTAG). And I refer to a drooling Evil Knievil ref THIS ARTICLE.
1470 days ago
Oh dear. Oh Dear. Another trading statement from Aussie law poltroons Slater & Gordon (SGH) and it is grim all round. The shares - A$8 when the fraudulent businesses of Quindell (QPP) were bought - are now 20 cents. And they will go far lower IF a debt for equity swap is agreed and that is the best case scenario. The Rob Terry Quenron businesses are now shown as worthless, another day of V for Vendetta, Vengeance and Vindication for the Sheriff of AIM. Crack out the ouzo and make mine a large one!
1486 days ago
Did it jump or was it pushed? ShareProphets AIM-China Filthy Forty posterboy Jiasen (JSI), one of the Fujian four, has announced this morning that it is proposing to delist from AIM and move instead to NEX (the lobster-pot formerly known as ISDX) - just when we thought that the race to AIM departure #24 from the Filthy Forty was down to a two-horse race between Asian Citrus (ACHL)and MoneySwap (SWAP). Jiasen also announced the departure of a NED with effect from the end of February.
1503 days ago
It is my birthday today and the TrakM8(TRAK) supporters club of top blogger Paul Scott, crony capitalist PR man Reg Hoare and tech analyst Lorne Daniel of FinnCap need each to order a bottle of ouzo to send me with a note saying "you were right - you is da king". Subsidiary accounts for Route Monkey have finally emerged and are truly diabolical just as I predicted to hoots of derision from the supporters club.
1503 days ago
Oft accused by folks who do not like what I write of being an alcoholic, the sad truth is that these days my poison of choice is ginger beer and I drink almost nothing. When in Greece I might have an ouzo at the end of a hard day, here in the UK I drink almost nothing.
1509 days ago
Cynical Bear is probably onto his second bottle of ouzo by now thanks to today's news from Challenger Acquisitions (CHAL). Mr Bear has warned you time and time again about the numerous red flags associated with this company and indeed made it one of his two sells of the year with a target price of 0p HERE. And today we learned that after just 358 days with the company the chairman John Le Poidevin has resigned. It gets better if you are Mr Bear. Have another ouzo.
1521 days ago
I have begged for a pass but it seems that I am committed to spend New Year's Eve with the deluded lefty friends of the Mrs, public sector workers the lot of them. The venue is, I think the house where the Mrs attended the 2015 General Election "victory party" which included that classic line "This can't be happening, I don't know anyone who votes Tory". I was almost sorry I missed that one.
1524 days ago
In today's late bearcast I relay a stressful experience in the Post Office and the discovery of ouzo in my local Sainsbury. Is it just for me do you think? Cloudtag (CTAG) was caught telling porkies AGAIN, this time by Nigel, and I discuss that. I discuss React (REAT) shares in which we own. Then I look at Servision (SEV) and finally note Drunken Sailor's revelation on United Cocao (CHOC). And there is news about what is in store between now and Boxing day.
1539 days ago
Myself and the two women who work with George the Albanian finished work at 5 PM today, having started at 8 AM. It was dark at the end. I could not see what was an olive and what was a leaf as I worked the separating machine. I just bashed the twigs and leaves hard with a plastic paddle and pushed anything that felt like a olive through the grill. My hands are stained with olives and feel raw from pushing those twigs and olives across that grill all day.
1540 days ago
Adam Reynolds and the Mrs are in my good books for returning phone calls and thus giving me phone breaks today. Peter Greensmith of Peterhouse did not and so ensured more toil and torture for me. Bad man Peter. Anyhow the sun shone all day and we toiled away as ever.
1543 days ago
At about 2.30 this afternoon George the Albanian wandered over carrying the electric olive harvesting rod which I think is called a twerker. Battery kaput he said and looked unhappy. I endeavoured to look sad too but internally I was delighted because surely this meant that we could knock off early. Bar a 40 minute break to upload my Advanced Oncotherapy bombshell article and 20 minutes at lunchtime when I devoured a hunk of bread dripping in olive oil, a small piece of feta and a tomato all provided by George, I had been working hard since just after eight. And I was aching all over.
Sadly my inner joy was short-lived.
1545 days ago
I have had some emails read out to me and they are dynamite. I hope they will land in my in-box soon. I shall pop into the small church on the way to the Greek Hovel tonight to say a prayer for their safe arrival as if they arrive some folks are in deep deep merde and it will certainly be an ouzo o'clock moment. Please join me in my prayers. Elsewhere I look at Boohoo.com (BOO), Avanti Communications (AVN), Cloudtag (CTAG), Mosman Oil & Gas (SHITE), African Potash (FRAUD), 88 Energy (HYPE) and with that I wish you all a happy weekend.
1550 days ago
"Lorne Daniel at FinnCap, PR man Reg Hoare, Nomad Ed Frisby, Broker Joanna Scott, Edison Research, Proactive Investors we have beaten them all, we have beaten them all!. Paul Scott can you hear me? Paul Scott ... your boys took a hell of a beating! Your boys took a hell of a beating!" Yes The Sheriff of AIM is again 100% vindicated and it is ouzo o'clock already thanks to dog TrakM8 (TRAK)! But where next for the shares? All is discussed in full in this bonus podcast.
1551 days ago
The ouzo is on ice for the suspension of shares in the fraud African Potash (AFPO) on December 7th and I am still comtemplating buying a share and going to its GM in Guernsey on 20th December - it would be a hoot. Its dwindling band of followers are posting some delusional rot although the Cloudtag boards are a better source of madness. Anyhow post any BB comments or tweets (even comments from our own Wildes on Fastjet) in the comments section below. The deadline for entries is midnight on Saturday 3rd December.
1563 days ago
I gather that there were a some FT and Guardian journalists in the roolm as I gave a talk at the Offshore Alert fraud conference today and so I made a point of making a few points about how corrupt and useless the deadwood press was. It was just too good an opportunity to miss.
1570 days ago
That was an easy pull down of the shysters at Mosman Oil & Gas (MSMN) lead by Andy Carroll. Is it too early for a celebratory ouzo? Perhaps hapless Nomad SP Angel should send a case of ouzo to the Sheriff of AIM to thank me for doing its job for it? At the weekend I exposed how Mosman has mislead investors for more than a year HERE. This morning it fessed up:
1579 days ago
Yes my royalties have arrived. I comment on Audioboom (BOOM), Andalas Energy (ADL), Inspirit Energy (INSP) and Cloudtag (CTAG). My other podcast on why Hillary Clinton is the World War Three candidate is HERE.
1590 days ago
Oh dear it may well be ouzo o'clock round at Sheriff Towers if not all round coke & hookers time, as it has just been pointed out that one of those silly folks who made the mistake of trying it on with legal threats appears to be in a spot of bother. Congratulations, you have just met the Sheriff of AIM....
1611 days ago
I was rooting around in the car boot for some bags for Sainsbury's and guess what I found? Hint: it is from Greece, it looks like water and it made my day as I had run out of the stuff many weeks ago.
1632 days ago
I am aware that Britain's top share blogger Mr Paul Scott is flying back from an extended Greek holiday this morning. When he lands at Gatwick and checks his smartphone he will see that shares in his beloved TrakM8 (TRAK) have dived by 10% today, to just 200p to sell after a piss poor trading statement. I hope Paul has some duty free ouzo for the Sheriff as I think he owes me an apology on this one. Hmmmmm I can almost smell the aniseed now...Scotty you know where to send it.
1681 days ago
Oh dear, oh dear, oh dear., if my father had not drunk it all, it would be another ouzo moment for the Sheriff of AIM with news that Ingenie Canada is no more. We have been warning for ages that the Toronto based frauds of Rob Terry were falling apart but Watchstone Group (WTG), the rebranded Quindell has been in denial. There you go.
1684 days ago
I sit here now in Shipston with my father, trying to persuade him to come to Greece for the olive harvest in December. It is not that he would be much good in terms of picking olives. I suppose he might lean against a tree up at the Greek Hovel and bash the branches with his walking stick. But I think his role should be more concerned with drinking ouzo with the older men of Kambos so that my liver is preserved and I can play a full part in the harvest working with George the Albanian and his family.
1687 days ago
Its apology time. To all those morons who have berated me for being a Gulf Keystone (GKP) bear from 180p down it is time to apologise. Today, Paul Curtis and the GKP barmy army have suffered the final kick in the gonads with news of a massive debt for equity swap which sees near total equity wipeout. Its ouzo O'clock for the Sheriff of AIM who awaits the apologies.
1688 days ago
Tim Martin of pubs chain JD Wetherspoon (JDW) is a Eurosceptic and a man who calls a spade a spade. In today's trading statement he deals with those who lied blatantly in the run up to the referendum. Tim Martin: we at ShareProphets salute you. Personally I find his pubs fairly ghastly but next time I am passing buy I shall pop in and have a drink for Mr Martin toasting you publicly. Does Mr Martin serve ouzo? Tim writes in the RNS:
1689 days ago
Look back at our coverage of satellite disaster story and serial issuer of fascistic lawyers letters Avanti Communications (AVN) you cannot say that we did not stand up to bambastic bully boy CEO David Williams and warn you. Today there has been a pre close trading statement, the shares have crashed by 60% to just 24p and the Fat Lady is starting to gargle. My father & I will crack open the ouzo early today.
1700 days ago
Lovely Eleni's Kourounis taverna has still not reopened. But the hardcore clientele led by Nicho the communist and Vangelis in his pink shirt still sit resolutely on its outside tables, using its internet link and chatting with the wider Eleni family. Rather naughtily I have discovered that I can use the Kourounis wi-fi while sitting in Miranda's next door and did that as i tucked into a last meal of Mani sausage and courgettes.
And then I said farewell to Miranda explaining, in Greek, that I was going to England tomorrow. Yes you heard that correctly I spoke a few words of fucking Greek. And then back to Elenis where I explained why I was leaving. I showed them all the picture of the Mrs at Mistras and they understood...
Vangelis talked of drinking.
1700 days ago
It is my last full day at the Greek Hovel and I shall miss my life here badly. It is just after three in the afternoon and I sit in the shade in the centre of Kambos typping away with a glass of ouzo to hand (celebrating vengeance after eleven years) watching the world go by. As ever the A Board on the main street of Kambos advertises all sorts of delight at Miranda's little taverna. Fish, grilled meats, toasted kangaroo, the list goes on. Actually I made up that bit about the kangaroo but it might as well have been on the public menu becaase the actual menu is...what is on top the oven today which is chicken and spaghetti.
Miranda gets me
1701 days ago
After yesterday's encounter with an adder I was not exactly gagging to go frigana cutting today. The only real patches left are thick bushes whrere the shoots can be up to six foot tall and where, one imagines, snakes regard it as an ideal place to sit around waiting for prey. Or me. So I procastinated, swapping emails with David Lenigas, and writing a long piece on Tony Baldry, a loathsome scumbag former Tory MP who makes your avereage adder seem like a nice piece of work.
But I was conscious that I had enjoyed a few ouzos the night before and so needed to spend some time toiling in the heat to burn off those calories and so, in the end, plucked up courage and headed off to the fields.
Full of petrol
1702 days ago
I decided that it was time to tackle the frigana bushes that sit just outside the fence on the mountain side of the land at the Greek Hovel. Access is easy as the fence runs alongside a paved road used by the shepherd and, as far as I can see, nobody else at all.
I approached the first bush which sat on a rock and slashed away the grass in front of it so that nothing mide jump out at me. So far so good. I then started hacking away at what was a ha5rdy old bush with every sprout intertwined with grass and other green things. Fuck!
1707 days ago
last night I met an amazing woman here in Kambos. More on that later but I am in awe. Then it was watching the Brexit results on the BBC on the internet as the smug biased lefties had to come to terms with how the great unwashed had given them and the rest of the elite a total kicking. I tried to get two hours sleep but a drunk comrade from the Eurosceptic trenches, Lucian Miers, woke me up. So I worked a bit and then slept. By 2.30 PM it was ouzo o'clock. So I headed to Miranda's as you can see below and raised a class to Boris, Priti, Nigel, Michael et al but also to my late grandfather Sir John Winnifrith and my Uncle, Chris Booker, who was in a fine mood today. Cheers to you all.
1713 days ago
Dragon's Den flop and serial business failure Piers Linney said that the proudest moment of his business career was listing Outsourcery (OUT) on AIM in 2013 at 110p. Oh dear, the piece of Turkish has today gone into administration. How will the PC tossers at the BBC spin this debacle for their pin up boy Piers? That is their problem, mine is how much ouzo to drink to celebrate this announcement:
1714 days ago
It was eight days ago that my father and I popped over to Kambos to visit the Greek Hovel and to meet a friend of mine from the neighbouring village. We will come to him and his village, the Feta village, in due course. He did not show up. Perhaps, as we had both had vast amounts of ouzo when we made this plan, he had forghotten. Worse was to come, we arrived to see that the Kourounis taverna was shut. Eleni's husband Nicho said "ten days, no coffee, no Greek Salad, no ouzo" And with that Dad & I sloped off to the ouzerie opposite, a place frequented only by very old men.
It was my first visit there and we had a couple of ouzos. The owner - with whom I crossed swords regarding parking a couple of years ago - brought
1715 days ago
British Airways staff were again brilliant today. On Saturday I arrived at Kalamata airport with a barely mobile father and weak step mother. Within minutes a cute airline lady had helped me get a wheelchair for my father and i was told my job was over. The lady put them at the front of the line and I had nothing more to do. Today it was the turn of the Mrs. We arrived and the small departure lounge was again heaving with lobster pink Northern Europeans forming long lines to check in for flights to London and Paris.
I found a different cute airline lady and said that my wife was heavily pregnant, as she is, and within minutes she was again at the head of the queue leaving dozens of the lobster pink Brits and froggies fuming behind her. Then she was through passport control and was off and I headed back to town to face another three to four weeks at the Greek Hovel with just the snakes and rats for company.
When the Mrs is here I am on holiday so I only work 3-4 hours a day at my PC and I do no manual labour at all. I enjoy three meals a day and more than the odd drink. "After all we are on holiday" say I as I order another ouzo. I get to sleep on clean sheet in an air conditioned hotel and enjoy swims in luxury pools. The Mrs is paying and it is a treat. I enjoy my hols with the Mrs. We talk, we plan, we discuss. Life without the Mrs is very different.
1716 days ago
Apparently this website which is four years old this week, TomWinnifrith.com is plastered with adverts for the Remain Camp in the Brexit debate. It seems that on this website you cannot avoid the tax exile Sir Richard Branson and his ghastly lies. A reader asks if I have changed sides? Oh no, major Tom, don't say its true...
Euroscepticism is in my DNA. Chris Booker is my maternal uncle, my paternal grandfather Sir John Winnifrith was a "leave" spokesman in 1975 but as I explain HERE I have already voted for Brexit with my head as well as my heart.
1721 days ago
Rather foolishly no-one took exact directions to the house of Paddy Leigh Fermor which is about three quarters of a mile outside the main area of Kardamili. My father sat in the other front seat and my step mother and wife sat in the back as I drove along the main road reliant on the fact that the Old Man had been there before. That was an error, Not for nothing does my father make regular donations to the Alzheimer's society.
Indeed, on occasion he manages a real triumph by sending a cheque to the society in an envelope addressed to one of my siblings while sending to the Alzheimer's folks a long, rambling and illegible letter in which he makes rude observations about a range of family members exempting - on this occasion only - the intended recipient.
As such the satnav skills of my father were rather lacking. He being almost totally immobile, my very pregnant wife not much better, it was thus down to my step mother and I to find a native and get directions. I take my hat off to my step mum who took directions in Greek and thanks to here we, somehow, arrived albeit rather rather late.
The house is open at certain hours and you have to get on the list to visit as part of a large group. Chez Leigh Fermor is
1728 days ago
The forestry permit was meant to take three months but took seven. Our architects - who one imagines are not exactly rushed off their feet with new projects - then took another two and a half months getting ready plans which were meant to have been ready when Forestry came through. But last week I was told that we will submit for a Building permit next week.
No-one answered my emails since then and so
1734 days ago
A final farewell to Kambos...well for a week only. Having escorted my father back to Kalamata next Thursday I shall be back at the Greek Hovel in a week's time. A final farewell means popping into the Kourounis taverna for an ouzo with the owner Nicho, the husband of lovely Eleni. Farewell say I to Eleni, who wishes me "good travels." I remind you that she is the best English speaker in the village. In her arms, as you can see below, the only person in Kambos whose Greek is worse than mine.
1751 days ago
I was hoping that the canisters which are meant to keep the snakes away would have arrived in Kambos today. I was told they would. Naturally they have not. This is Greece. "They will be here on Wednesday" means "There is no chance at all that they will be here on Wednesday". I am bloody well not moving up to the hovel without them.
My friend Nicho the communist asked why I was not yet resident in the the village and I explained. "You really are frightened of them aren't you" he said while laughing loudly. Fecking hell isn't everybody? Nicho then explained to a gaggle of Greek old men sipping ouzos what was happening and they all laughed too. Ha bloody ha. They all live in the village where there are no snakes, I dare them
1764 days ago
Well you cannot say that you were not warned! I have exposed time and time again on this website how the business career of one series Dragons Den flop Piers Linney has been marked by serial failure. The loathsome self-publicist Linney said floating Outsourcery on AIM at 110p in May 2013 was the highlight of his career. Today Linney has admitted that his company is almost toast. What fucking brilliant news.
1780 days ago
I guess most people on the Bristol Uni public events email list are members of the Welsh Militant Tendency then. Or am I just a bit narrow minded? You see my email arrives and I am promised that this month "we have events to suit everyone."
Goodie goodie thought I - an evening with blond lap dancers gyrating on stage before reading their favourite excepts from the works of Ayn Rand with a screen at the back showing a replay of West Ham winning the FA Cup in 1964, all washed down with free ouzo on tap. Surely that would please lots of folks? Oddly it appears not to be on offer. Instead I have a choice of:
1794 days ago
I would like to say thank you very much to all those Bulletin Board Morons who ignored my advice to sell shares in Ascent Resources and piled in to buy some more this morning. Thanks to them we were able to offload shares bought for £20,000 around Christmas for c46,000 after costs. Cheers. That will pay for a few ouzos.
1798 days ago
For lunch today for less than £15 the Mrs and I enjoyed two glasses of ouzo ( both me), a Greek coffee, mineral water, breads, a fine Greek Salad, some amazing mushrooms baked in vinegar and local sausage. I was not allowed any Dakos which is a Cretan speciality as the Mrs says I have had enough already. For those who have not enjoyed it Dakos is a creamy form of feta and oregano and chopped tomato on top of a barley rusk,a hard form of bread. It is quite magnificent. Simple Greek food is a delight and a reason to come here.
1799 days ago
Carolyn McCall the CEO of Easyjet (EZJ) is obsessed with how many of her pilots have willies. She wants more women in the cockpit. I dont care who drives her bloody planes she has ruined my day with appalling customer service and I now find myself tired and bad tempered at Athens Airport, not having a stiff ouzo as planned in Crete. As such Ms McCall deserves a bearcast special.
1814 days ago
I warn you that there is a lot of bad language in this podcast. I start with the balls talked by D&D on Fastjet (FJET). I have put the company on the spot as to what $20 million cash available means and I await a response. It matters big time. Then there is Andrew Bell talking balls on Horse Hill ahead of placings ahoy across the board. Then those who denied placings at Pantheon (PANR) and the posh fuckwits who spin for Scancell (SCLP). Both denied my stories. Both placed today. Folks: you know where to send your ouzo apologies. I discuss those placings and also that of Armadale (ACP) - a pisser as we own those shares. Then I discuss dire results from Glenwick (GWIK), shares in which deserve to halve and which were ramped by the same sort of mothers who ramped CEB/Andalas. The result will be the same. And also a horrid profits warnig from Tandem Group (TND) comes under the spotlight. I also mention my articles today on greedy Junior Doctors ad the BBC's woeful Trump coverage HERE
1824 days ago
In today's podcast I look forward to results from Slater & Gordon (SGH) at around midnight Sunday. I explain how goodwill writedowns, bank provisioning and other matters work ahead of what will be an ouzo, beer, popcorn and coke evening of joy for me. Then it is onto explaining why the MIDAS column in the Mail on Sunday penned by the silly bint Jo Hart is talking shite on Aureus Mining (AUE). You would have thought by now that Jo would have grasped the basics of how DCF models work. It seems not. Then I end on Mervyn King's warnings of a new bank crisis. I think he may be right.
1827 days ago
My only problem is that I have run out of ouzo. Call it poor Phorm (PHRM) but I am thus unable to celebrate the AIM Casino suspension of trading in shares in another POS company in the traditional manner. I shall have to make do with neat orange juice.
1855 days ago
Yes that is a glass of ouzo on the lectern. In part one of my presentation (HERE) I explained why my world view and stockmarket view remained bearish. In the second part I offered up specific ways (shares to short) and general ways to make money in a bear market.
1856 days ago
Bears are the new regulators, in fact the only regulators. Jabba the Hutt wants shorting banned. Worse still he is telling his deluded followers that shares in Afriag (AFRI) and his other dogs fell because of shorting. That is untrue as I explain in this podcast. I also cover: the after effects of ouzo, Frontier Resources (FRI), FastForward (FFWD), TrakM8 (TRAK), PeerTV (PTV), Sirius Minerals (SXX), London Capital (LCG) - in detail - and Jiasen (JSI)
1856 days ago
The chap took my advice and had shorted Daniel Stewart (DAN) and with its shares now being booted off AIM that will be a 100% win for this reader. To show his gratitude he bought me a little present as you can see below.
1858 days ago
Okay I am celebrating the impending departure of Afriag (AFRI) from AIM so might get a bit carried away in this podcast, there is a bit of bad langauge. Other than dancing on the PLC grave of Jabba The Hutt as he tries to spin this disaster I look at: Green Dragon Gas (GDG) - PLACING AHOY - Servision (SEV), Jiasen (JSI), TrakM8 (TRAK), Fusionex (FXI), Independent Resources (IRG) and Plexus (POS).
1858 days ago
"David Lenigas, Yusuf Kajee, Paul de Robillard, Spin Doctor David Bick, Nomad Cairn Financial we have beaten them all, we have beaten them all! Jabba The Hutt, can you hear me? Jabba The Hutt... your Afriag boys took a hell of a beating! Your boys took a hell of a beating!" Yes, Afriag PLC (AFRI) has just announced that it is leaving the AIM Casino and will now only be listed on the ISDX lobster pot and its shares are collapsing. It's ouzo O'Clock for the Sheriff of AIM once again as more bad guys are driven out of town.
1862 days ago
I had not planned on visiting London until late April and I certainly had not planned on doing any seminars but an unlimited supply of ouzo sees me change my mind so if you are free on January 26th from 6 PM...I will be doing two presentations in Clerkenwell.
1893 days ago
This morning fat Aussie share ramper David Lenigas has, without warning, resigned from the boards of all five AIM Casino Companies on which he sat: Inspirit (INSP), Afriag (AFRI), Rare Earth Minerals (REM), Bacanora (BCN) and Evocutis (EVO). Why?
1910 days ago
After a whole day spent at the Kourounis taverna in Kambos I have finally met up with George, the sprightly 60+ Albanian who leads our olive harvest. I called lovely Eleni at the hospital to see if she had any idea how to track him down. She gave birth to a baby girl yesterday and admitted to being a bit tired but knows she will be back in the kitchen by Sunday and so is gearing herself up. She offered up an idea of where to find George's number.
Lovely Eleni's younger sister, who is really very, very lovely too, called and at about seven tonight in wandered George. In great relief I hugged the man for I was starting to panic. As ever, I bought him a Tsipero and myself an ouzo. And we sat in silence as he speaks not a word of English and my Greek is er...rather weak. But lovely Eleni's very, very lovely younger sister
1911 days ago
Naturally I start the podcast with InternetQ (INTQ) after my bombshell report earlier HERE and the company's pathetic response which I counter HERE. Then it is onto DiamondCorp (DCP), Iofina (IOF), Mosman Oil & Gas (MSMN) and finally Rosslyn Data (RDT) - whose CEO just can't remember his career in adult films - but that is the least of his problems.
2013 days ago
There, as you may remember, is just one habitable room at the Greek Hovel and its windows are sealed with masking tape, holes in the wall are now filled in, I fact it is almost impenetrable for the local wildlife diversity. But in summer that also makes it unbelievably hot at night. Without a fan I would be sitting here drenched in sweat as I type and unable to sleep afterwards in what becomes a sauna.
And so last year I bought a fan.
2031 days ago
In this part of the bearcast I go through all the frauds admitted to by Quindell today, the bungs, the lies, the non disclosures, the revenue recognition issues, the panama pumps. Most of this has been revealed on this website already but today Quindell fessed up. What we said abut Himex, TMC, Stretton Knowles, the fraudster Rob Terry...it was all true. And that means that Rob Terry WILL go to prison for this. And so will others.
2031 days ago
You have to end on a high and so that is it for a while from me. Full stop. Unless Rob Terry is arrested (whch will happen at some stage), I am not filing here any more. Because it does not get much better than today. Quindell has just released its 2014 results and I am 100% vindicted now. And so there is a two part Bearcast. In part 2 (this one), I explain what next for shares in Quindell and Slater & Gordon. One more bearcast and it is ouzo o'clock.
You can listen to the other part of this podcast - the sher scale of the biggest stockmarket fraud for 30 years HERE
I suggest that UK Investor Show Magazine which came out this weekend now looks visionary on this fraud. You can read it here
2056 days ago
I arrived at Athens airport at 7 PM on the dot and sober as a judge with plenty of time for a 9 PM flight to Gatwick, given that I had already checked in and only have hand luggage. Er..oh. My flight is delayed by 3 hours and 20 minutes.
That means that I am likely to arrive at Gatwick at c2.30-3PM GMT and will then have 150 minutes to kill before the first bus to Bristol departs. A nightmare journey awaits.
I head to the special needs easyjet desk and say that I have a special need, I am thick. What does this all mean? An officious lady says shows me a pack of vouchers which I guess get me a sandwich and a drink and offers me the chance to get behind 140 other sweaty Brits and escaping Greeks to queue to get the voucher of which she has a stack of in her hand. Put another way "fuck off and line up with all the other peasants, I am not even going to use the word sorry since you are only a customer and I view you with complete contempt."
I say ta but no ta and head off to get a frozen yoghurt and to wander to the terribly expensive Sofitel opposite the airport. It has a great internet connection.
As it happens my Euro to ouzo conversion programme of the past eight days has not gone according to plan and I appear to have around 1200 Euro burning a hole in my pocket. I now have four and a half hours to kill. I have no choice. The PC is plugged in. I am writing and a large ouzo with ice has just arrived. This could be a long night and I fear that my only company will be my best friend ouzo. I have eight days of relative sobriety to make amends for.
2062 days ago
The betting markets have a better record of calling elections than opinion polls in recent times and so take note - there have been heavy betting on Betfair in the past three hours - and that betting is on Oxi! winning here in the Greek Referendum. Hooray - that calls for an ouzo.
2062 days ago
Polls close here in Athens in just over three hours. I shall shortly head off to my local polling station to have a final butchers and then to Syntagma Square to sit underneath the Greek parliament as the results come in. I shall blog away here on ShareProphets as Greece decides whether it is Oxi or nai. Pro tem this podcast covers Greece, China, Quindell and UK House prices.
And fear not Champagne Charlie Gibson fans, I had not forgotten about you. Just a reminder of why the Edison analyst is a convicted felon HERE and as a bonus a reminder of how it is not only the poor he screws HERE - and a reminder of why I feel the urge to remind you all HERE
2063 days ago
Refreshed by a couple of ouzos and with my report loaded I wandered back to the rally in Syntagma square. The party continued well past midnight with a succession of pop stars performing. Each sang and also offered a few thoughts on the political situation. Pop stars are not generally the brightest sparks in the universe but as long as the said Oxi to which the crowd replied Oxi (please each repeat three times) nothing mattered.
There must have been well over 50,000 people at the rally. There were parents
2073 days ago
Ching ching, a day to celebrate. This podacst starts with two apologies ( one to Big Dave Lenigas) and covers Alecto, Daniel Stewart, Elementis, Afren, Mosman, Monitise and of couse Rob Terry, fraud, Quob Park and Quindell
2093 days ago
In March 1821 the Greek war of independence began as the folk in the Mani launched an uprising against the accursed Turks. The Mani, where the Greek Hovel is situated, was always quasi independent anyway but its warlike folk started a fire that could not be supressed. The first major triumph was the storming of the Turk held fortress at Kalamata. No Maniots died but the entire Turkish garrison was slaughtered.
Right now I sit opposite that fortress, in Kalamata bus station having just purchased one more ouzo for the road, to Athens. Tomorrow
2093 days ago
The Mrs wants me back in Bristol by tomorrow afternoon and it is nice to be wanted. And so I embark on the journey back from the Greek hovel with a cunning plan given that there are only intermittent flights from Kalamata at this time of year.
2098 days ago
I sit with my back to the door at the Kourounis taverna typing away, writing almost anything to avoid the torture of completing the subbing of Zak Mir's book. Is it too early for an ouzo to stiffen my resolve to face the torture that awaits?
The cop at the Kardamili police station, who lives in my home village of Kambos, has just wandered in and pats me on the back "yas Tom" says he and wanders to the bar. This reminds me that I visited the police station at Kardamili once again last week. You may remember that last summer I spent a couple of hours detained at the Kadamili nick thanks to a bent cop and bent hotelier and so my memories of the place were, shall we say, mixed.
But I am trying to get Greek residency so that I can buy a car, a motorbike and a gun for the Greek Hovel. And that means that I had to go to Kardamili police station to present my papers. I took my Greek speaking wife with me for protection. Would I meet the bent cop who incarcerated me last year? Would I meet his goon of an assistant who looks like the nasty gay character in Coronation Street? I was rather nervous.
2100 days ago
I was just planning to return to the Greek Hovel after an hour of subbing Zak Mir's golden prose. I had forgotten just how appalling is the way that he mangles the English language and am feeling pretty shell shocked. It has taken two ouzos to get this far and my task is only 30% done.
And at that point I heard a cry from the bar at the Kourounis taverna "Tom, ouzo".
2109 days ago
I was meant to pick the Mrs up at Kalamata airport in about thirty minutes but it appears that she is back at Gatwick. Her plane was struck by lightening and so had to turn back. Now her phone battery is dead so what to do? Sit in Kalamata and have an ouzo or two? Sounds like a plan.
Meanwhile it has been a two snake day.
2110 days ago
I am sitting happily tapping away at my computer loading a bit of blockbusting copy for ShareProphets in the morning. The Kourounis taverna in Kambos is pretty full with little groups here and there chatting away happily. The doors are flung wide open as it is a warm night. Outside at one of the tables my friend Nicho the Communist is holding Court. Behind me I can hear lovely Eleni chatting and laughing loudly. How do I know it is her? Well there are only four women in the taverna and the other three are sitting in front of me.
As I tapped away an old man reminding me of the Asterix character Geriatrix hobbled over propped up by a stick and stared at my screen. He looked hard for a couple of minutes.
2274 days ago
I am rather dreading heading back to the Greek Hovel tonight. I left at 3 PM as the electricity had gone again. I fled naturally to the Kourounis taverna where lovely Eleni assured me at 4 that it was back on. I sha;l find out shortly but have my torch ready just in case. But I postpone the trip back with another ouzo.
I hung around in Kambos because at 5 PM George the head olive picker arrived with the first 25 sacks from the Greek Hovel. We deposited them at the Olive Oil factory in the centre of the village and I now have a yellow slip saying that I have deposited 1033 kg ( just over a tonne) of olives. There is at least another half a tonne to arrive tomorrow as we finish up the harvest. Bags are stacked at the hovel and the only trees left to harvest are on the flat area next to the house. We are almost done.
So tomorrow we finish. It is Christmas pudding with Nikko, Vangelis and the others, steamed by Eleni. And we are done. And I had a Quindell whistleblower on the phone as a bonus. That job is almost done too. More on that tomorrow.
2279 days ago
You think Greeks are lazy. That is because all you see is folks in Athens sipping coffees all day. Out here in the Mani life is hard and folks do both a main job but also work the land. So my pal Vangelis is a delivery driver for Dixons but has – I think – 600 olive trees. Nikko and Eleni at the Kourounis taverna also own trees up near the Greek Hovel – they start their harvest tomorrow. And so do I!
The lovely Eleni has put me in touch with a new group of workers. Another chap called Foti, George and his son. I met up again with George today and we start on the olive harvest at 8 AM. So no ouzo for me tonight. To give you an idea of what lies in store for me here are some photos I took last week of a man harvesting trees on the road/track up to the Greek Hovel, just above snake hill. It seems to me that it looks like rather hard work.
2279 days ago
You may remember that my shower arrangements at the Greek Hovel are somewhat rudimentary. I attach a picture of the shower, aka a hose pipe dropping down from the vine on the "snake terrace."
2346 days ago
Back in the 1960s my uncle visited the Mani on his first honeymoon. Oddly he and his wife were joined by another couple and within months his wife had run off with the other man. That is an aside. It took my uncle more than two days to get from Athens to the Mani so remote and cut off was the region.
Here in Kambos the dirt track to Kardamili became a road back in 1965 (two years after that fateful honeymoon), roads south from there were built later. The man who brought this peninsular to the attention of the wider world was Paddy Leigh Fermor, a truly amazing man once described as a mixture of Indiana Jones, James Bond and Gerald Durrell.
Though incredibly clever, Paddy was no academic and so after being expelled from school (issues with a young lady) in 1933 he walked through Europe to Greece. Along the way he noticed that something was not quite right in Germany. When war broken out he signed up immediately and was sent into Greece since he spoke the language fluently. His most heroic exploit was in Crete where – with the partisans – he captured a German general on the North of the island and transported him across Crete to the South where he was lifted off by British Destroyer. The film, based on the episode, has Leigh Fermor played by Dirk Bogarde
In the war Paddy’s code name was Michalis. After the war he stayed on in Greece fighting with the Royalists in the Civil war. He refers to this in his two classic books on Greece
2348 days ago
I had planned to stay sober until my return but I fear that I have been led astray. I blame OTE Telecom. I still cannot get on the interwebby at The Greek Hovel so spent all Sunday working from the Kouronis taverna in Kambos, run by lovely Eleni. At about 10 O’clock Greek Time I was done writing and asked for my bill. But instead I was summoned to the bar and asked to sit with four men.
Either side of me were two Gentlemen who spoke English. The younger (George) was a relative newcomer to the area, the elder (Nikos) is a greying stocky man with a walrus moustache. It was he who had cross words with me on my second day here when I supported the Krauts rather than the Argies in the football. Since then we have exchanged nothing but pleasantries. Behind Nikos was the man in the pink polo shirt (Vangelis) and behind George was another George, a Greek only speaking builder.
I was told “it is not will you have a drink but what are you drinking”. They were on the hard stuff and so I opted for ouzo. Nikos told me that they had decided they needed to know me better as I was now their neighbour.
They refused to let me pay and four hours later I was rather the worse for wear. Nikos was concerned about me biking home. He offered to drive me several times but since he was also a tad unsteady on his feet I declined