Woodford Patient Capital Trust (WPCT) has results tomorrow. There is talk that Britan's most conceited fund manager may be fired but if Susan Searle and her fellow directors think that gets them or the company off the hook, she is badly mistaken. PS. There is a joke for NoGold 30 seconds in.

This has nothing to do with shares or investing or anything. It's the end of the weekend and we've organised a quick pub quiz. Grab your own beer, there are no prizes, and for Pete's sake, no Googling! Only I get to do that.

Having closed my short in sleazy estate agent Purplebricks (PURP) a while ago and even having a little trade on the long side, I have been sitting on the fence awaiting developments amongst its four largest shareholders (Axel Springer, Neil Woodford, Merian and Toscafund)...

Is there anything better than sitting back and reading a well-written article on a lazy Sunday? Every week ShareProphets features some long form journalism that you'll find of interest. Grab your cuppa and enjoy these five articles. 

We’ve already had the half year report form Woodford Equity Income Fund and now the second of Neil Woodford’s unit trusts, Woodford Income Focus, has released it half year report to July. A few things raised my eyebrows: for a start, the performance was absolutely dire but the trading of Kier Group (KIE) simply looks like a gambler trying to win back all the losses with an outrageous long-shot. The facts are astonishing.

I have long been a bull for autonomous vehicles and news earlier this month that the UK was creating new highway standards for self-driving cars.  

With a Market Cap of £11 million and 2.4 billion shares in issue, at first glance Keras (KRS) looks like a typically pointless resource company the bottom end of AIM.  Having been around for years in different guises, it would seem its main product is more shares. As it is not a bulletin board darling, it is largely ignored by the market.  On Friday it announced details of how it was going to split itself into 2 with a demerger. Unsurprisingly, this news did not set the market alight. So what is the point of all the legal and other costs, having diluted shareholders a few weeks ago to raise the money to fund the move?

Vela Technologies (VELA) has announced results for its year ended 31^st March 2019 and that “we are mindful of the potential substantial uplift in the value of certain companies within the Vela portfolio”, but the results themselves don’t please…

In today's podcast I look at the ludicrous idea of Tax Justice UK and Oxfam for a new wealth tax like the Spanish one. Whatever. Then I look at Intu (INTU) and finally at Versarien (VRS).

You all know what I think about the peer-to-peer lending Funding Circle (FCH) which i have written about negatively a couple of times in the last few months, most recently here   Back then I concluded 'you do not need to get involved... unless you are a desperate business which really, really needs finance and the mainstream banks have prudently turned you down already. For the rest of us, grab some popcorn and watch the ongoing post-IPO car crash'.  Broadly speaking this still feels a very, very prudent position to take.  

Okay, another placing from Big Sofa (BST). Cynics and bears can laugh at we shareholders but they will not be having the last laugh. At 3.8-4.2p the stance, at up to 4.5p is STRONG BUY with a target to sell of 6p+ achievable within weeks.

I commented on Reabold Resources (RBD) a few days ago and considered the company has some serious questions to answer related to the Gaelic Resources Ltd transaction. Yesterday Reabold put out its interim accounts. It answered two minor questions I had raised, but not the substantive questions I posed – who owned Gaelic and what is Dero Parker’s involvement?

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From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2018 and thus far in 2019 (by net short position %, those in bold not on the list at the start of 2019) – and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...

Yesterday the FTSE All-Share index, Neil Woodford’s benchmark for his Equity Income and Income Focus unit trusts, put on 0.99%: it had a good day. That didn’t help the Woodford unit trusts, however, as according to Morningstar Equity Income lost 0.37% in NAV per unit and Income Focus dropped 0.34%. Woodford’s Equity Income fund size was £3.7 billion when it was gated at the start of June. Now it has fallen to £3.02 billion – yet the FTSE All-Share has gone up over the same period.

AIM-listed Tern (TERN) has come in for a bashing in these parts, especially following the release of its half-year numbers which I think show there is a monster cash-crisis in the making. Today its jewel in the crown - or perhaps more aptly the thorn in its side - major investee Device Authority released its FY18 numbers and they are not pretty. For starters, it boasts net assets of MINUS £923,294. If that is the best Tern has to offer, then its shareholders had better brace for a crash-landing...

Previously writing on Location Sciences Group (LSAI), with the shares recovering above 3p I concluded asking requiring discounted fundraising ahoy?. Certainly, I look forward to seeing the half-year balance sheet by the end of this month – and, natch, at least currently, continue to avoid. Now there’s been the results announcement and “Result of Placing”…

Bluebird Merchant Ventures (BMV) “is pleased to announce that… it has now received formal communication from the Ministry of Trade, Industry and Energy in South Korea, confirming that the application for a 'Permit to Develop' the Gubong mine is to be granted” as well as updating including “the Kochang application is progressing well”…

In today's podcast I look at Numis (NUM), Sirius (SXX), Brady (BRY) and George Roach run POS Premier African Minerals (PREM). I also express my anger at the faux anger of those bastards in Westminster as they spout humbug. 

Audio-visual systems for organisations-focused MediaZest (MDZ) has updated including that “two large projects set for completion in November/December… should generate significant profitability in the quarter ended 31 December 2019” and “new business enquiries in recent weeks have markedly increased and several potentially significant opportunities are being pitched in coming months”. The shares have responded currently more than 14% higher to 0.08p…

Looking back a couple of months to my appearance on Tom's radio show many of the views I expressed there have aged pretty well. Long/buy calls such as Barrick Gold (GOLD in the US) and easyJet (EZJ) have performed appropriately whilst dogs such as Metro Bank (MTRO) and Dignity (DTY) keep woofing. I remain amazed that shares in bad boy St James's Place (STJ) have so far shrugged off a bunch of disaster stories about its overcharging culture...you can guess my continued negative thoughts on that one. However, one share which I mentioned and has not behaved as I would have hoped in the last couple of months is Imperial Brands (IMB)...