Results

Notes from Underground: The Teddy Bears picnic

Published 5 days ago

ShareProphets readership increases every week - we can tell because we're a registration site and if you unsubscribe, you are kicked off the site. We don't have a dead subscription list like other, lesser, sites.

Notes from Underground: Show of Shows

Published 12 days ago

It's with a sharp sense of horror that I realise that it's only three weeks until the the UK's most interesting investing event, the UK Investor Show. Not that the show will be a horror - it'll be terrific - but I'm suddenly jolted into all the last minute things that need to be done on my part and, well, general horror.

Quindell - when will the Serious Fraud Office think about arresting fraudster Rob Terry? Bad News

Published 18 days ago

There are some folks who think that the failure of the Serious Fraud Office (SFO) to arrest king fraudster Rob Terry of Quindell means that Mr 2+2 can = 5 is off the hook. Think again. A source has been in touch.

Slater & Gordon joins the Minus 99% club - the curse of fraudster Rob Terry: the end is nigh

Published 23 days ago

When Aussie Poltroons Slater & Gordon spunked £649 million to buy the worthless fraudulent assets of Quindell (QPP) circa two years ago its shares were A$8. They have crashed another 30% today to just 7 cents putting S&G in the 99% club. The signs are growing that the end is not just 90 days away (when it must conclude a debt for equity deal with its banks) but perhaps rather sooner.

The Curse of Rob Terry - Slater & Gordon more disastrous results, 90 days to wipeout!

Published 25 days ago

Oh dear. Oh dear. Interim numbers from Aussie law poltroons Slater & Gordon (SGH) are out today and are dismal. The company now has just 90 days to cut a deal with its bankers or it is lights out and any deal will see shareholders wiped out. The shares - A$8 when it spunked £649 million to buy Quindell's (QPP) fraudulent assets - are now just 12 cents. Where's the ouzo?

Tom Winnifrith Bonus Bearcast - It's a 7.14 AM ouzo O'Clock as Slater & Gordon crashes again

Published 36 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!

Tom Winnifrith Bearcast: The great director share buying spoof, oh Joe you are such a naughty boy

Published 56 days ago

You think that following director share buys is smart? Not always. I start with Coral Products where old Joe Grimond really is spoofing us all with a recycling of a dividend that really should not be paid. Coral also highlights those scallywags at Cairn signing off on another RNS lie just like they do for the fraud  Cloudtag (CTAG). Then I look at Quindell (QPP) in that vein and at Avanti Communications (AVN) commenting on its refinancing completed today. Then it is onto the hot gossip of the cash crisis at Advanced Oncotherapy (AVO) where I have another story breaking this weekend. Finally I touch on the troubles at Guscio (GUSC)

Tom Winnifrith Bonus Bearcast: Watchstone (Quenron as was) Trading statement analysis - on balance a sell

Published 64 days ago

There are two massive uncertainties regarding Watchstone (WTG), Quindell as was. I look at today's trading statement and offer up analysis which suggests that on a best case scenario this stock is more than fully valued but on a worst case scenario it is grossly overvalued.

If Slater & Gordon did comedy they'd issue a press release like this...oh they did

Published 71 days ago

Following news of the latest investigaton into it cooking its own books, shares in Aussie law firm now trade at 29 cents down from c$8 when it blew £649 million buying 92% the assets of Quindell less than two years ago. Blowing up your balance sheet buying the biggest stockmarket fraud in 30 years is not a smart move. And as such I am delighted to see this release from the Aussie poltroons: 

Tom Winnifrith Bearcast - can Paul Scott end my confusion and will Rob Terry be arrested in 2017?

Published 81 days ago

I am watching high quality TV like Midsomer Murders as the Mrs is away. I am bombarded with adverts for online fashion and holiday booking and am terribly confused - I need health guru Paul Scott to help explain what is going on as something is just not right. Then I look at when the criminal gangs at Quindell (QPP), Globo (GBO) and Worthington (WRN) will face justice. At least one might be in 2017. And I ask why Cloudtag (CTAG) morons want to send cash to a convicted criminal who appears to be living in a £3 million house despite BOTH he and his wife going through bankruptcty. It's all very odd.

Photo Bulletin Board Moron Semi naked twins Hayley & Kate - Full Year Contest : £180 prize

Published 83 days ago

Cloudtag and Quindell owning twins Kate and Hayley are determined that their privacy be respected by us not posting pictures of them getting their kit off which appreared on a website they themselves put up. So here's a picture for you, of them getting their kit off, as we start our 2016 Full Year BB Moron of the week contest with a prize worth £180.

Tom Winnifrith Bearcast - AIM down to 876 by the end of 2017?

Published 83 days ago

I start by looking at the RNS releases from Friday, the LSE really must change its rules. Then it is on to AIM - how many companies will be there at the end of 2017 and is the Nomad system just viable any more? In this section I look at Cloudtag, Quindell, African Potash and Globo among others. then I have a couple of New Year's Resolutions and I wish you all a happy New Year's Eve and prosperous 2017.

Looking forward to 2017 – another year of fraudbusting beckons

Published 83 days ago

That the London market – and especially AIM – is fleecing investors on a regular basis is a given in these parts. Of course, most companies are run by honest individuals but the regulatory set-up is failing to bring those lacking in morals to book and investors need protection. It is not even the community of BBMs who need to be looked after either – consider the plight of those whose cash has ended up in institutional hands such as those of Tom Dobell of M&G and despatched to the great central bank in the sky via the fraud Quindell.

Tom Winnifrith Bearcast - the P to T of AIM fraud

Published 90 days ago

This podcast follows on from A-E HERE, F-J HERE, and K-O HERE. It is perhaps my longest podcast for many moons but are you surprised? Think about what I cover: P is for Potash - as in African (AFPO), Q is for Quindell (QPP), R is for Revenue Recognition as in Redcentric (RCN) and Servision (SEV), S is not for smear (as in Citigate Dewe Rogerson you total and utter bastards) or Strat Aero although both are mentioned but for Sam Antar and T is for Terry as in Rob, 

A year of fraudbusting by ShareProphets reviewed - what a bumper crop we had in 2016

Published 91 days ago

Some of our critics, notably the felon Earley, reckon we go after companies as part of some convoluted con whether those companies are good or bad. Those who actually read our site will know that very few of the companies we have attacked have been anything other than disasters for investors. The one we got wrong and admitted as much was Boohoo. But boy did we make some gutsy calls in 2016 - we had a bumper year of fraud busting.

ShareProphets Share Tips of the year 2017: No 2 Sell Cloudtag says Tom Winnifrith

Published 91 days ago

I kick off my contribution to the 24 share tips of the year for 2017 that ShareProphets writers will be publishing between now and January 3 with one of the four sells I shall deliver. And I start with the most obvious: sell AIM fraud Cloudtag (CTAG) at 7.125p with a 0p target.

2016 in review: our top 30 articles and Tom's ten most read non financial pieces

Published 92 days ago

As the year draws to a close it is only natural that we look back on the past twelve months. And it has been twelve months of achievement. It is a great achievement in that our writers have continued to write exactly what they want without any editorial interference. So Cynical Bear & Gary Newman have knocked shares I own. So what? We really do support free speech.  And it has been a year when we have "dealt with" more frauds and lies on the AIM casino and the main market than ever before. That really is the USP of ShareProphets.

Slater & Gordon in new probe - was it cooking the books pre Quindell? I reckon it was.

Published 93 days ago

Oh dear, it just gets worse and worse for Aussie law firm Slater & Gordon (SGH), the near bankrupt owner of the fraudulent Quenron (QPP) businesses. It has now fessed up that the Australian Securities and Investments Commission (ASIC) has served it with two notices to produce documents relating to an “investigation into the accuracy of financial records and accounts of the company for the period between 1 December 2014 and 29 September 2015”.

Result: Bulletin Board Moron of the Week sponsored by semi naked Cloudtag backer Hayley Whittaker - with more semi naked photos

Published 96 days ago

An eagle eyed reader points out that Cloudtag (CTAG) Moron Hayley Whittaker and her pea brained twin sister the Quindell (QPP) Moron Kate have yet more semi naked photos posted on line. Given how their investments are doing I remain keen to support their modelling careers so am happy to bring you more action pics. Meanwhile to last week's BB Moron of the week contest sponsored by Hayley. There were lots of entrants as you can see HERE but the winner and the new photos are below.

TODAY 2 PM ...TWO share tips from the Sheriff of AIM - make money before Christmas

Published 98 days ago

Some folks are winding down for Christmas already. Idle wotsits! Steve Moore and I are, however very much hard at work and we will have not one but TWO fantastic share tips coming out TODAY, Friday 16th December, at 2 PM. Christmas shopping can wait. These share tips are too hot. They can't!

Photo article: Doing a good turn to assist 5 GCSE Cloudtag Moron Hayley who is better educated then (sic) me

Published 101 days ago

With her 5 low grade GCSE's and diploma in media studies Cloudtag (CTAG) moron Hayley reckons she is better educated then (sic) me as part of a storm of tweet insults she sent me. Poor Hayley must be feeling a bit down given that shares in Quindell (oops, that is what her dim twin Kate backed & insulted me over), I mean Cloudtag, are suspended. So to make her feel better here is her promo photoshoot from the modelsfor facebook site. Always happy to support someone at the start of their career I bring you it in full. I warn you that Hayley is not dressed for going outside in these chilly winter days.

Photo article: Cloudtag moron Hayley Whittaker has a twin sister - she was the semi naked Quindell Moron

Published 102 days ago

Over the weekend we published details of Hayley Whittaker who abused me on twitter saying she, with 5 low grade GCSEs and a diploma in media studies, was "better educated then (sic)" I am. She also called me a perv and much else and has now threatened to call the Old Bill in to deal with my "harassment". But guess what? Hayley has a twin sister who we have met before. Twin Kate was a Quindell moron who harassed me on twitter by, intera alia, sending me semi naked photos of herself.

Son of the Knob Park Ponzi: Quindell fraudster Rob Terry launches Quob Park Health

Published 110 days ago

Oh what tangled webs we weave, eh Mr Terry? Not distracted by the ongoing Serious Fraud Office investigation that will see him end up in jail, Rob Terry has a new venture. Natch it is one based on an old fraud but that probably won't deter some folks. 

Aussie poltroons Slater & Gordon go after Watchstone (formerly Quindell) for £53m - a pox on them both

Published 114 days ago

The Aussie poltroons Slater & Gordon (SGH) who recklessly paid £649 million for the fraudulent businesses of Quindell has announced that it is making a claim on £53 million of that still held in an escrow account by Watchstone (WTG). Slater says that it has obtained an opinion from an independent barrister in respect of the warranties given and the escrow cash and that the brief says it has, on balance, a prospect of success. Oh dear. The only winners here will be the lawyers (other than S&G).

New Video: Cloudtag - the downfall

Published 117 days ago

Following on from the Quindell, Sefton and US Oil & Gas downfall videos it is time that Cloudtag (CTAG) which will meet the same fate joins the party. Enjoy.

Notes from Underground: Get out the popcorn out

Published 124 days ago

Admittedly I have been slow to get tickets to the circus sideshow that is Cloudtag (CTAG), yet another company in the little device that monitors your health consumer space. Team ShareProphets has been writing about this company for months now, commenting on its lack of product in stores and its RNSs promising sales in 2016 that have been damp squibs.

Today 2 PM ...TWO share tips from the "Maverick Tipster" - this is not about Donald Trump!

Published 126 days ago

I do not know about you but I am starting to feel a bit Trumped out. And I actually wanted him to beat crooked Hillary. But the papers and TV screens are just so full of the man, what he is doing and what it means for us all. Is the Donald good for shares or bad? What about gold? Or bonds? Or house prices? Or the chances of England winning the World Cup? The truth is that no-one really knows any of the answers... except that England won't win the World Cup.

Tom Winnifrith Bearcast: Detecting Securities Fraud on AIM and how to profit from it

Published 129 days ago

I am off to London shortly where I am giving a talk this afternoon at the Offshore Alert fraud conference. The title is that of this bearcast and I offer up some of the highlights and themes for later. I shall be covering a number of companies including Quindell (QPP), InternetQ (INTQ), Cloudtag (CTAG), Strat Aero (AERO) and the list goes on and on... this is AIM after all.

Paranoid Cloudtag Moron on twitter reports Tom Winnifrith to the FCA - jeepers I am quaking

Published 131 days ago

I really do think that this particular Cloudtag (CTAG) owning moron needs to take hisd medication. I have spent a relaxing weekend making Christmas puddings. He has spent a weekend franticly accusing someone else who tweets about Cloudtag in a bearish way of being me. It gets better...

Slater & Gordon rewarding failure, balance sheet still crocked

Published 139 days ago

You don't need the brains of Jason Donovan (irony BTW) to see that the purchase of the fraudulent legal assets of Quindell (QPP) by Slater & Gordon (SGH) was a dire error. Surely heads must roll at the Aussie poltroons? Er..no. In fact, with the shares now at A$0.34, down from A$8 at the time of the deal, failure must be rewarded. Speaking at Slater's AGM, chairman John Skippen stated:

ADVFN – full Annual Report finally released: struck by cupid's arrow?

Published 142 days ago

I rather like the ADVFN service, and having met its CEO briefly a few times I rather liked him too. And as a house matter, there was much to commend about the staunch resistance to pressure being applied on ADVFN to put clear water between it and ShareProphets was over the way in which, for example,  the Quindell fraud was being systematically unpicked in these parts. That was not just an issue of free speech, it was a matter of exposing bad people and trying to save the shirts of our readers. So I have an awful lot of time for Clem Chambers, the CEO of ADVFN.

The FCA wants you to tell it how it could up its game - please do so

Published 143 days ago

The FCA's new boss Andrew Bailey has accepted that the chocolate teapots have failed in their remit of protecting consumers and for that we must give him enormous credit. He has launched a new mission statement and now wants our views. Some organisations may view their readers with contempt and suggest that the "little folk" should channel their views via the grown ups. But we know that, nearly all, our readers are intelligent adults who can speak for themselves and we urge you to do so. I will be submitting my thoughts as you can see below.

Monday Odd One Out contest result - it was all about prison

Published 143 days ago

I am trying to teach my six week old son Joshua a few words for when he meets my wife's mad lefty friends. Naturally "Daddy" is first since this household is not sexist. Then, in view of the US election, I was having a go at the phrase "lock her up!!". That brings me to yesterday's odd one out contest. As you can see HERE, there were a few deluded liberals who tried to dodge the issue. However most of you were on the right lines ...

Now it is the Daily Telegraph lifting our (old) stories without attribution: fraudster Rob Terry's vineyard

Published 145 days ago

A couple of days ago I noted how the lamentable London Evening Standard had lifted a cynical bear story from five days previously without attribution and claimed it as its own breaking news. But the Standard is not the only lazy worthless paper on Fleet Street. We now have an even more blatant pinch and this time it is the Daily Telegraph in the dock. No wonder sales of MSM publications are plunging if they run stories that were reported elsewhere on September 27 as their own breaking news on 29 October? This is the tale of Quindell fraudster Rob Terry and his new vineyard funded by the Quob park ponzi.

Just how useless is a house broker "buy" note: Shamed Canaccord on IGAS

Published 147 days ago

This website has pointed out that AIM listed IGAS has been a slam dunk sell for more than two years but for a good few months as it warned that it would breach covenants on its bonds any moron could see that the writing was on the wall. Except loyal house broker Cannacord, shamed over the Quindell fraud, its research on this has been laughable. It shows that a buy note from a house broker, especially one as shoddy as Cannacord, is just worthless. You will remember how Canaccord fired heroic Kevin Ashton, the world's number 1 tech analyst, when he refused to write a buy note on the Quindell fraud.

Disgraced Equities First is back: covert £3m share dumping by Edi Truell at Tungsten

Published 153 days ago

Equities First Holdings is back. You remember those chaps who "borrowed" shares from folks like Andrew Austin at IGAS, fraudster Rob Terry at Quindell (QPP) and Ronald Duncan at Cloudbuy (CBUY). Shares in all three companies crashed and all defaulted on the loans so completing what was in effect a hidden share sale. After almost two years the disgraced shysters of EFH are back and this time it is Edi Truell of Tungsten (TUNG) infamy who is dumping shares but wants to hide the fact.

Daniel Stewart - a big fudge to delay publishing ghastly accounts

Published 155 days ago

Remember when the fraudster Rob Terry told his deluded followers that shares in Daniel Stewart (DAN) were worth 10p each. In those days they were listed on AIM but Terry reckoned that they could be worth even more when delisted. Hmmmm. Now slung off AIM things seem to be going from bad to worse.

Gary Lineker recycles some of his dirty Quindell winnings into a new insurance venture - Neos

Published 157 days ago

Old jug ears got free shares in the fraud Quindell (QPP) as a reward for his role as "band ambassador" for the Ingenie outfit. That was the unit run by Richard King at whose lavish wedding in Somerset jug ears was best man. Lineker sold his shares netting at least £3 million so what to do with the cash? Give it all to charity? Naaaaaaaaah.

The 2016 AIM Awards - Crony Capitalists spunk £750,000 of your cash - winners announced

Published 160 days ago

BBC presenter Sophie Raworth, picked up £10,000 for hosting the 2016 AIM Awards. Heck since this whole £750,000 event is ultimately funded by investors in AIM Casino stocks I am sure you won't begrudge her trousering some of YOUR cash. Anyhow here are the winners from the lavish 2016 ceremony:

African Potash NED Lord Peter Hain: His history of supporting fraudsters - he was a Quindell fan too

Published 171 days ago

African Potash (AFPO) has still not sued me as it promised to do for pointing out that it had committed wholesale fraud so that, in itself, is a tacit admission that it has engaged in fraud. The senior NED at Potash is Lord Peter Hain who knows a thing or two about supporting the work of fraudsters. Lets go back to March 2015 when Hain was still an MP and Quindell (QPP) was still called Quindell.

Tom Winnifrith Bearcast - Moron investors in the Cloudtag fraud feel on top of the world

Published 175 days ago

I start with the woes of Deutsche Bank and Commerzbank. Then on to why dogs leave it to the last minute to report results. As such I look at Strat Aero (AERO), Vislink (VLK), IGAS (IGAS), and Wolf Minerals (WLFE). I touch on Inspirit (INSP) as it runs out of cash and is - I gather  - not paying suppliers. I then look at the two frauds: Highlands Natural Resources (HNR) and Cloudtag (CTAG) where the morons are as happy today as the Quindell (QPP)  Morons where when those shares hit 650p. How the morons laughed at the silly old bears as they told us that £20 was on the cards. But of course those backing the Cloudtag fraud insist that it will be different this time. 

Tom Winnifrith Bearcast: Fraudsters, losers & tossers the lot of them

Published 178 days ago

In this bearcast I refer to my article on the Trump & Clinton debate overnight and what it means HERE and the latest shocking expose of Quindell fraudster Rob Terry HERE.  I warn about bad things happening in Euro land and the worst of tem all is Deutsche Bank. There is a Radio 4 programme tonight on AIM fraud at 8 PM. I am not involved but some fine upstanding members of the community are. that is irony in case the loser Roger Lawson thinks I have forgiven him and ShareSoc for defending the blinkx law breakers by smearing me and Ben Edelman.Elsewhere I look at the role of certain NEDS who are Tim not so nice but fucking dim. I cover the Cloudtag (CTAG) scam, Northern Petroleum (NOP) - placing ahoy _ and Imaginatik (IMTK) as well as China fraud Jiasen (JSI)

BREAKING: Quob Park Estate Annual Report - Fraudster Rob Terry cooking the books again as shareholders pay for his personal vineyard

Published 178 days ago

The annual report from Quob Park Estate, the new ponzi scheme of Quindell fraudster Rob Terry is out and is a cornucopia of his best tricks of greed and accounting fraud. It is a delight. Leopards do not change their spots.

Cenkos profits dry up, shares offer a counter-cyclical proposition

Published 184 days ago

Cenkos (CNKS) attracted plenty of criticism on this website over its dealings in the the Quindell saga. Whatever the rights and wrongs of that case, it’s still worth looking at the company as a standalone investment. It has been profitable every year since listing in 2005, and over that time has produced an unusually attractive stream of dividends and buybacks.

Avanti Communications - new evidence emerges of just how desperate is its cash crunch

Published 184 days ago

Ceteris paribus Avanti Communications (AVN) will be trading whilst insolvent within weeks - its cash will not be sufficient to meet contracted capex and bills payable. That is why it is delaying publishing audited results for the year to June 30th 2016 - no auditor is going to sign off on anything from what is an insolvency waiting to happen. Avanti is trying to hide the awful truth but industry sources are revealing its desperate measures to stay afloat.

5 Questions for insolvency in waiting Avanti Communications

Published 185 days ago

The FRC is already looking at the grossly misleading way that Avanti Communications (AVN) bodged its June 2015 annual results. I reckon Avanti is trying to commit an even bigger crime against prudent accounting with its 2016 numbers and they key is a satellite which is now on the move. But Avanti and its ghastly and morally bankrupt Nomad Cenkos, of Quindell infamy, are trying not to reveal the truth. So have five critical questions for Avanti and the shamed Cenkos.

Tom Winnifrith Bearcast: Truthful Trump but Democrats lying on terror, The maths on Watchstone now & Alba spouting shite

Published 186 days ago

ISIS seems to have struck again in the USA, in Minnesota but also in New York and across the river in New Jersey. Pathetic weasel words from Democrats will only anger folks on Main Street even more, Trump calls it right again. I cover the amazing weekend poll numbers on Trump the mainstream British media won't report today HERE and HERE. He is going to win. Elsewhere I explain how to value Watchstone (WTG) post today's shock news on the Quindell fraud from S&G (HERE). I look at Mitie (MTO), WH Ireland (WHI), Servision (SEV) and a statement from Alba (ALBA) which is pure 100% cock. 

Cash strapped Slater & Gordon tries to get £50 million from Watchstone with legal threat

Published 186 days ago

Aussie poltroon Slater & Gordon (SGH) has finally woken up to the fact that the Quindell businesses it bought for £647 million last year were worthless frauds and as such it has today said it is taking legal action against Watchstone (WTG), the renamed Quenron corporate entity. I fear the Aussies are merely throwing a Hail Mary pass and that its case is doomed. Its shares are not 95% down since the deal at just 40 cents for no reason.

Another Red flag for CloudTag as the Twitter Abuse Flows

Published 194 days ago

As I have pointed out before with Quindell (QPP) there seems to be a strong correlation with the underlying quality of a company and the unblinking loyalty of its hardcore shareholder base. In the case of Quindell this spilled over into unbelievable hatred and invective at anyone who had the temerity to question the company’s obviously questionable practices. 

Notes from Underground: Drop the Dead Donkey

Published 194 days ago

In the next 11 days we will be in Court at least once (snake oil salesman Darren Winters Round 5) but perhaps more of African Potash makes Tom a happy man and sues him for libel. He says he really does want to "see the Potash bitchez in Court!" For those company executives who consider legal letters journalists as a way of dimming pesky sunlight, I'd like to quote a bit of an article ShareProphets linked to last week. It's regarding Theranos, the once sky-high medical diagnostics firm that has had quite the fall to Earth.

Tom Winnifrith Bearcast: Pronto, Crowdfunding scandal, the SFO & Quindell

Published 195 days ago

I look at the SFO decision on Tesco (TSCO) and examine what exactly it means for the fraudsters such as Rob Terry & Jon Stretton Knowles of Quindell who are now under investigation. And where does it leave smaller AIM listed frauds such as African Potash (AFPO), Cloudtag (CTAG) and Eden Research (EDEN). Then I look at the demise of crowdfunded new media darling of fuckwit millennials - Pronto. This is a massive scandal if anyone cared to look. Did anyone backing the funding back in June of this year know the company was already bust? Companies house shows that is the case HERE. Does crowdfunder Seedrs feel no responsibility to flag up such matters?  There are also read acrosses to listed tech plays such as Clouldtag to consider. 

Tesco three charged with Fraud by SFO - This gives a timescale for Rob Terry

Published 196 days ago

The Serious Fraud Office (SFO) has today charged three individuals, Carl Rogberg, 49, Christopher Bush, 50, and John Scouler, 48, with one count of Fraud by Abuse of Position, contrary to section 1 and 4 of the Fraud Act 2006 and one count of False Accounting contrary to s17 Theft Act 1968. These are the first charges brought against folks at Tesco (TSCO) for cooking its books. The timescale is fascinating for those interested in the fate of Rob Terry and the other Quenron fraudsters...

The Chairman's Blog 10: Sir Benjamin Dover of Global Mining Endeavours is stranded in France and needs help from Chris Cleverley again

Published 199 days ago

Following the example set by Paul Warwick the chairman of worthless penny stock Andalas (ADL) in starting a blog, Sir Benjamin Dover of AIM listed Global Mining Endeavours has decided to follow suit and like Paul promises to be Candid in his approach. Blog number ten....

Notes from Underground: Reader, I passed the test

Published 208 days ago

In my bid to take encourage slack and take jobs that rightfully belong to hard-working Brits, I was forced to take a 'Life in the UK' test last Monday to measure my knowledge of the patron saints of the constituent countries, the voting system used in Wales, and which Roman emperor built a wall in a vain attempt to keep ancient Scots from glassing ancient northerners.

Slater & Gordon warns of FY loss of more than A$1 billion - ta very much fraudster Rob Terry of Quindell shame

Published 211 days ago

This is not quite what Slater & Gordon (SGH) promised its shareholders when buying the fraud Quindell (QPP) in early 2015 - today there was a pre results profits warning. The management tried to polish it up but a turd is a turd however one views it.

Quindell Fraudster Rob Terry comments on Daniel Stewart - this is comedy genius

Published 215 days ago

Say what you like about fraudster Rob Terry, the man is a comedy genius. I am sure that when he does get sent to prison he will be providing entertainment for his fellow inmates in all sorts of ways. But away from the shower block one way will be as a comedian. Terry's latest commentary on the "blog" of his new ponzi, Quob Park Estate is a comedy classic.

Avanti kicks off the silly Season - still a sell

Published 221 days ago

They don’t call this the silly season for nothing. Shortly after Inmarsat (ISAT)  announced on August 1st that it was not interested in Avanti (AVN), a story appeared in the FT saying that it had in fact been willing to pay “at least” 140p per share (subject to due diligence) right up until the end of July, around five times the price at the time.

Tom Winnifrith Bearcast - the 3 Xs who blow apart most AIM scams and frauds

Published 225 days ago

Firstly I have a problem with my box set of "The Omen" and ask for your help. I then discuss in light of today's three legal scoops with documents falling into my paws ( Strat Aero - HERE, Iofina - HERE and Golden Saint Resources - HERE) the 3Xs who help investigative journalists do their job and my encounters with all three on Quindell and other cases. At a company level I look at: Card factory (CARD), Iofina (IOF), Noricum Gold (NMG), Avanti Communications (AVN) and xCite Energy (XEL) and i also discuss why Cloudtag (CTAG) shareholders are like a swarm of wasps and what that means.  

Tom Winnifrith Bonus bearcast: Cenkos fined £530,000 over Quindell fraud - assisting crime DOES pay says the FCA

Published 226 days ago

The FCA will say that fining Cenkos (CNKS)  £530,000 over the Quindell (QPP) fraud shows regulation is working. Au contraire. The narrow scope of its investigation, the failure to sanction individuals and the paltry fine show that assisting crime does pay if you work in the City. It sends out all the wrong signals and is a day of shame for the Square Mile as I explain in this podcast.

And still the Quindell Bulletin Board Morons try (and fail) to put us out of business

Published 235 days ago

The FCA is set to fine Cenkos over the Quindell fraud, the FRC has thanked me as it panned Quindell for fraud, and the SFO is making good progress on the Quindell fraud yet some morons still blame me for the penury they suffer as a result of ignoring our warnings that Quenron was a fraud. These fools really do believe that Rob Terry was a good guy and, unbelievably, are still trying to put me out of business. Step forward a troll on the ADVFN Asylum posting crap under the nom de plume NickyName.

Tom Dobell at M&G (of Quindell infamy) Officially the UK's worst fund manager again

Published 235 days ago

The most excellent BestInvest has today published its annual "Spot the Dog" Review of British based fund managers and - by value - around half of the cash invested in funds it terms dogs sits at M&G. And the worst fund manager among those managing UK equities only is Tom Dobell at M&G, the man who likes chucking other people's money at fraudster Rob Terry of Quindell over and over again. Among the heroes is, naturally Terry Smith of Fundsmith, the best performer in the "global" category. The full listings of dogs in each sector is fascinating. Well done Dobell, you are, if nothing else, consistent. That is to say consistently useless.

The bonkers accounts of Quob Park Solutions run by Quindell fraudster Rob Terry & the Watchstone Court case

Published 238 days ago

Part of the Knob Park Group of ponzis run by Quindell (QPP) fraudster Rob Terry, before he is put on trial and sent to prison, Quob Park Solutions has recently published what are the most bonkers set of accounts in Christendom.

Tom Winnifrith Bearcast - Avanti won't be playing Germany in the invasion of France role play

Published 240 days ago

I am challenged to comment on Cenkos (CNKS) as an investment in light of todays news on its role in the Quindell fraud (HERE). Okay, I do my best. Then it is on to Techfinancials (TECH), Advanced Oncotherapy (AVO) and some friendly advice for Malcolm Stacey, Gulf Keystone (GKP), XCite Energy (XEL) and then I end with Avanti Communications (AVN) where I hope you understand the historical analogy.

Vindication for Tom Winnifrith: Cenkos to be fined up to £700,000 over Quindell fraud - not enough

Published 240 days ago

Sky News claims to have a source who says that Nomad and broker Cenkos (CNKS) is to be fined £700,000 by the FCA for its lamentable failings in the Quindell (QPP) fraud - Cenkos has now admiited that a probe is underway. Whilst I see this as another moment of vindication for my work in exposing that fraud it is simply not enough. The FCA is telling the City's banksters that turning a blind eye to white collar crime does pay. Its coke and hookers all round if this is the best that the FCA can do.

FastForward and its Yooya metrics this now becomes utterly laughable, beyond parody

Published 246 days ago

Even the Quindell fraudster Rob Terry would have been ashamed of this nonsense. Yesterday I flagged up how the latest ramptastic RNS from FastForward (FFWD) was sheer bollocks in the made up numbers department. Today the company has responded with an explanation which will have you pissing yourself. It is so utterly mad that the company's Nomad must surely be considering its position (or have no shame). This is sheer comedy.

Fastjet – Fund managers request to pay more because they don’t want to own too many shares

Published 246 days ago

The remarkable placing document which has finally been released says more about Fastjet’s (FJET) hapless shareholders than it does about the company itself.

Scoop: Ingenie Canada to Wind Down Operations - oh dear another Quindell fraud write-off for Watchstone

Published 246 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.

Daniel Stewart – who bailed into Rob Terry’s Quob Park Estate Ltd just ahead of delisting? My, that was lucky….or was it?

Published 251 days ago

Shares in former AIM Cesspit poster-boy Daniel Stewart Securities plc (DAN) were booted off the exchange back on 22 Jan 2016. That must have been a tad galling for Quindell (QPP) fraudster Rob Terry and his henchmen at Quob Park Estate Ltd, which had previously suggesting that there was upside to 10p a share on offer. Having been suspended in October 2015 for failing to publish accounts (still outstanding, by the way), the loss of Beaumont Cornish as Nomad in December put the final nail in the coffin.

Why AIM’s woeful regulatory environment makes it a hotbed of FRAUD.

Published 257 days ago

It seems that we at ShareProphets are not the only people concerned about the amount of fraud we see on the London markets – and, in particular, on AIM. We have seen the horror of the biggest stockmarket fraud for thirty years (Quindell, QPP – now Watchstone, WTC) unfold before our very eyes and yet as Tom Winnifrith doggedly banged on the doors of AIM Regulation and the FCA they did nothing and the frauds continued unchecked for far longer than they otherwise would.

China fraud LED International Holdings and AIM Rule 41: when a rule isn’t a rule at all

Published 258 days ago

ShareProphets AIM-China Filthy Forty member LED International Holdings (LED) has been suspended from trading since 22 Dec 2015 – we are well into month seven of suspension, then. AIM Rule 41 says: “The Exchange will cancel the admission of AIM securities where these have been suspended from trading for six months”. Yet LED has still not been given the order of the boot by AIM Regulation. I dropped our friendly Oxymorons a line….

Tom Winnifrith bonus bearcast - 14 Red Flags you may have missed At Avanti Communications

Published 259 days ago

I would expect the collapse in the Avanti Communications (AVN) share price to continue. You cannot say this site did not warn you. In this bonus bearcast I run through 14 red flags which apply to Avanti and which I managed to jot down in less than ten minutes. Drat! I missed an obvious 15th: the promise to move from AIM to the Main Market. It did not happen. Companies that promise the jump but don't make it (think Quindell) are always red flagged.

A regulatory rant - the FCA is not fit for purpose

Published 264 days ago

When Gotham City published its now infamous report on Quindell, a copy of which was sent to the FCA and the Serious Fraud Office, it was OVER a year later that any action was taken and this despite a high profile campaign against it by Tom Winnifrith Shareprophets and, to a far lesser extent, Dan McCrum at the FT which, in the case of Shareprophets, included many specific allegations of fraud and open exhortations to the FCA to do something about it.

Tom Winnifrith BearCast - the FCA has been investigating me for the past few weeks - poltroons

Published 265 days ago

In this podcast I relay to you news of an investigation which has now closed into me and others relating to InternetQ. It shows the sinister powers the FCA has and uses but also the crass stupidity of the regulators in pursuing such an obviously flawed investigation. Not only was I 100% innocent but I was demonstrably so. What makes the fact that these fascist poltroons go after an investigative journalist who has busted so many frauds is that the FCA has not gone after the frauds despite me handing it evidence on a plate. I refer to Quindell, 3DM ( where in its FSA days it actually helped protect the fraudsters), Globo and Sefton This has meant that investors have been screwed as a result. The FCA is not fit for purpose 

Can the FCA really be so useless that it allows Rob Terry to raise cash on an industrial scale from mug punters again?

Published 298 days ago

It appears that the answer to that question is yes. Terry has not only said he is going to do it but he has told the FCA how he is going to do it. And the chocolate teapots appear happy to let this continue. It is bad enough that Terry boasts that he made in excess of £30 million from the Quindell fraud, but it seems in Britain he can carry on stealing and no-one cares.

Rob Terry's Quob Park Ponzi gets into Crowdfunding with delisted Daniel Stewart

Published 298 days ago

You could not make this up but fraudster Rob Terry is getting into crowdfunding working alongside Peter Shea, the boss of disgraced ex AIM Casino listed China fraud specialist Daniel Stewart (DAN). It was, of course, Daniel Cesspit that listed Quindell on a fraudulent prospectus and signed off of the fraudulent deals with TMC Southern, that conjured up entirely fictitious profits for Quenron in 2011. The SFO will sooner or later arrest Terry and he's going to jail, but it seems as if Shea is determined to implicate himself by association.

The £100m scale of the Himex Quindell fraud admitted to - Rob Terry Caption Contest

Published 299 days ago

Watchstone (WTG), Quindell as was, has today admitted to the full scale of the Himex fraud - the Hassan Sadiq Rob Terry con at the heart of Quindell - full details are HERE. In light of this please supply suitable captions, in the comments section below, for the picture below in honour of Robert Simon Terry. Deadline: midnight Sunday.

Notes from Underground: The Circle Game

Published 299 days ago

OMG. This week's top 10 literally contains of Chris Oil, Brexit, Globo, Paul Scott, Quindell, plus Bearcasts. It's a perfect storm of ShareProphet's reader fantasies. At our next staff retreat/Global Shorting Conspiracy meeting, I'm going to suggest to Tom that he just dedicates his Bearcast each day to one of those topics: Monday: Chris Oil, Tuesday: Quindell, etc.

The Quindell Fraudsters Reunion at Quob Park - Tim Scurry is back for his 4th Rob Terry fraud

Published 299 days ago

With the Serious Fraud Office closing in on Quindell (QPP) fraudster Rob Terry and his gang, the round up of suspects is going to be made easier by the way more and more of them are pitching up at Rob's new ponzi, Knob Park. The latest gang member to join is Tim Scurry, a Canadian now embarking on his 4th venture with Terry.

Note 37 from Watchstone: the fraud of Rob Terry, the Naivete of Watchstone & the ghastly truth for S&G

Published 300 days ago

You remember how Noise Induced Hearing Loss (NIHL) was going to transform the profits of Quindell (QPP)? Okay, there had always been sub 20,000 successful claims a year but fraudster Rob Terry was accruing profits on the basis that Quindell was going to win 72,000 a year. Yes a 360% market share and the City analysts, mug punters, auditors KPMG et al believed him! Jesus how could they be so thick or corrupt? We did warn them. Anyhow, have a butchers at Note 37 of the Watchstone (WTG) - Quenron as was - accounts yesterday. It states:

Watchstone confirms the SFO Quindell enquiry still live as full extent of the £100m plus Himex fraud revealed

Published 301 days ago

Himex was the biggest single acquisition fraud perpertrated by Rob Terry at Quindell (QPP) and today the scale of that £100 million plus fraud has been laid bare as the re-branded Watchstone (WTG) has publsihed 2015 results. These show that statements made by new management with 2014 results were rash reckless and misleading but also that the Serious Fraud Office is still going after Terry and his cabal.

And the only fan of Quob Park Estate giving it 5 stars is....

Published 311 days ago

I would like to say that Quindell (QPP) fraudster Rob Terry has Time on his hands but I imagine that using the words Time & Rob Terry in the same sentence might make him feel uncomfortable. Anyhow I am delighted to see that his new ponzi, Knob Park has at least, well in fact just, one fan.

Stock Exchange chairman Brydon tells AGM he reads Tom Winnifrith - as AIM Sheriff quizzes board

Published 331 days ago

Not only did I get into the AGM of the London Stock Exchange (LSE) but in response to one of my two questions chairman Donald Brydon fessed up to being a reader of my work, saying how glad he was that I had got in this year. And as I chatted to my new best friend afterwards up wandered the bogus Sheriff, Marcus Stuttard, head of the oxymorons at AIM Regulation and guess what?...He's a reader too.

Rob Terry says he made £30 million from the Quindell fraud - another lie

Published 334 days ago

Anyone who uses the phrase "to be honest " or "I'll be honest" before making a statement is usually lying and that brings us to fraudster Rob Terry who uses that phrase in today's laughable interview with the Sunday Telegraph. One claim is that he made £30 million from the Quindell (QPP) fraud. Natch: Terry is lying as he does every time when there is a Y in the day he is speaking.

Fraudster Rob Terry of Quindell infamy thinks near-bust Slater & Gordon got a bargain - you couldn't make it up

Published 334 days ago

Fraudster Rob Terry has given an exclusive interview to the Sunday Telegraph which is sheer comedy at numerous levels but shareholders in Slater & Gordon will not be laughing for Terry really kicks them in the goolies. S&G shares were $7.95 when it bought 92% of the Quindell business. A year later they are 29 Aussie cents. But Terry says:

A NED to keep executives like fraudster Rob Terry in check at Quob Park...cometh the day

Published 335 days ago

Non Executive Directors are meant to be there to keep executive directors in check on behalf of other shareholders. That applies if you are dealing with an honest CEO or a psycopathic fraudster such as Rob Terry of Quindell (QPP) infamy who now runs the Knob Park Ponzi. So which NED's keep the old crook in check?

Fraudster Rob Terry admits to spunking 450,000 Euro of Quob Park cash as Quindell fraud Biosign goes bust

Published 335 days ago

The tawdry tale of fraud involving Canadian listed penny dreadful Biosign (as of 2 weeks ago bust) and fraudster Rob Terry is finaly drawing to a close. Terry has fessed up to the final chapter on his lamentable Knob Park blog.

Watchstone Group, Thoughts on a Daft Proposal from Edi Truell’s Tantalum Corporation

Published 337 days ago

I was amused to see my suspicions confirmed today by the Telegraph (TW Note only 24 hours after me in bearcast) that the “draft proposal” received by Watchstone Group PLC (WTG) did indeed emanate from Edi Truell and Tantalum, his telematics vehicle. I shorted some Watchstone at 230p as, all things being equal, the shares should revert to where they were before the announcement once it is confirmed that the blundering Truell has nothing to offer.

Corero appoints new nomad & broker - that means placing imminent: sell

Published 338 days ago

Corero (CNS) had, in Finncap, an existing Nomad and broker who the City thinks are acceptable although I regard them as complete & utter bastards. But I am even more scathing about Quindell's pals at Cenkos and today Corero (CNS) has appointed those mothers as its new Nomad and broker, 24 hours ahead of its results.

Watchstone does not want mad Edi's paper, no-one else wants its shite assets

Published 339 days ago

Watchstone(WTG), the company formerly known as Quindell (QPP) has said that it turned down a share based offer from a private company for its hot-potch of useless cash burning and often fraudulent assets. That offer came from Tantalum, a company owned by mad Edi Truell of Tungsten (TUNG) infamy as I noted in bearcast yesterday HERE.

Gulf Keystone Morons: what was that you were saying about institutional backing - M&G dumps its shares

Published 345 days ago

The Morons who have ignored my advice to sell Gulf Keystone (GKP) all the way down from 180p to 6.6p today have occassionally argued that I cannot be right because fund managers are long and strong and they know more than a pizza delivery boy/alcoholic etc etc etc. Today M&G has sold its 5% stake and now owns no shares at all.

Fraudster Rob Terry: A new Quob Park vehicle – what for, and what's going on?

Published 351 days ago

Quob Park Health Limited was incorporated on 31 March 2016, but thus far there is no sign of Rob Terry being directly involved. Not on the surface, anyway, but digging a little deeper there are a few links. One wonders what is going on?

Imaginatik - is fraudster Rob Terry about to return to AIM?

Published 352 days ago

AIM-listed Imaginatek (IMTK) has just responded to Press Speculation - one assumes the Daily Mail story Rob Terry is planning a takeover - but pointedly failed to deny the story. Is Rob Terry about to launch a bid and return to the Casino? I though April Fool's day was last Friday....

Photo: Slater & Gordon Due Diligence clever cats in action - should we buy now?

Published 356 days ago

Thanks to reader J for this photo of the top cat from Slater & Gordon (SGH) staring at his screen wondering whether to buy Quindell (QPP)or not. With a deadline of Sunday midnight this is our latest caption contest. Simply post your entries in the comments section below.

ShareProphets Requires New Editor Again - Tom Winnifrith seconded to FCA

Published 357 days ago

The good news is that Filthy Lucre will have less to moan about on this website. The bad news for fraudsters is that ShareProphets  needs a new editor as Tom Winnifrith has been seconded to head up a new team at the FCA - with immediate effect as of noon today, April 1.

Slater & Gordon shock resignation Moana Weir talks of "lights out - sinking ship"

Published 359 days ago

Last Thursday as it struggled to meet its monthly wage bill Slater & Gordon (SGH) was also rocked by the shock resignation without notice of its senior Legal Counsel Moana Weir, the woman who had to advise it on any corporate legal issues such as insolvency and potential fraud. We still do not know why Moana walked without notice after less than six months on the job but here are a few shocking quotes from Moana.

Value Trasher Edi Truell quits Tungsten as his hare brained ideas rejected - the shares are still a sell

Published 368 days ago

Edi Truell, the founder of Tungsten (TUNG) has today quit the cash guzzling disaster story following the board rejecting his latest hare brained corpororate proposals. Mad Edi stepped down as CEO last July ago but remained, until today, as a NED. Does this make the shares more or less attractive?

The 4 Companies I have Reported to the FRC - the common thread for Quindell, Eden, Avanti and Servision

Published 376 days ago

I have to date reported four companies to the Financial Reporting Council asking it to investigate accounts which I believe to be fraudulent and or misleading. So where am I with these four and what is the common thread?

Watchstone Offloads Quintica, Good for it, another nail in the fraudster Rob Terry coffin

Published 382 days ago

Watchstone (WTG) has offloaded another of the joke/frauds bought during the Rob Terry era to its management at a stonking loss. The sale of Quintica for £1.35 million is good news for Watchstone but shows once again what a crook the fraudster Rob Terry was.

Bulletin Board Moron of the week Contest (6/2016) - there's no moron like a Quindell moron

Published 383 days ago

The demise of Motive TV (MTV) & the Slater & Gordon (SGH) car crash were obvious triggers for some of the stupidest folks on this planet to talk shite on Bulletin Boards last week. On some threads (LSE Asylum Worthington WRN being a case in point) no trigger is needed for idiocy. There were numerous splendid entrants for last week's BBM of the week as you can see HERE but there could only be one winner.

Watchstone subsidiary Maine Finance 2014 accounts finally arrive & look very fishy

Published 383 days ago

There are some folks out there - Evil Knievil - who under under the illussion that what is left in Watchstone Group (WTG) has a value, that somehow the collection of frauds assambled as Quindell that even Slater & Gordon was not dumb enough to buy is worth something. Au contraire. I see that the Maine Finance subsidiary has finally filed its December 2014 accounts with a directors’ report disclosing;

Notes from Underground - The Gutter Press

Published 383 days ago

The old media loves picking up on our investigations, like Quindell or Chris Oil's oil empire, or Globo, which we love, except when they don't credit us, which we don't.

Now Watchstone accuses Quindell fraudster Rob Terry of putting a swimming pool on expenses

Published 383 days ago

This is the least of the problems facing fraudster Rob Terry. A looming arrest by the Serious Fraud Office and a likely multi year jail term is top of his worries but now Watchstone (WTG), formerly Quindell (QPP), is accusing him of six figure expenses theft.

AO World – A O, now it’s the Chairman to go...

Published 386 days ago

Domestic appliances online retailer, AO World (AO.) has announced that Chairman Richard "Quindell" Rose “has announced his intention to step down from the board once a successor has been appointed”, with Rose noting “the long-term strategy we set out at the time of our IPO is firmly on track and I feel now is the right time for me to move on”. Hmmm.

InternetQ - Tosca Fund bids 180p to spare its blushes, lets see what happens next

Published 387 days ago

Toscafund has surprised us all with an announcement yesterday that it is indeed backing a buyout of InternetQ (INTQ) at 180p per share in cash. I see that it was paying 180p in the market last fall so it had no choice - that was the lowest that its new SPV could offer. This is madness. It strikes me that an embarasment is being swept under the carpet.

Slater & Gordon shares off another 17% at just 26 cents from $8 after Quindell deal - reader poll - when is ZERO

Published 387 days ago

Slater & Gordon (SGH) shares fell another 17.46% today to just 26 Aussie cents. They were A$8 less than a year ago after it spunked $1.3 billion buying the Quindell fraud for reasons it still has not explained. The question is not IF the shares will hit ZERO but when? Is it it by March 31 when it has to renegotiate bank covenants it is set to breach, by June 30 ( year end), September 1 (when I reckon it is out of cash), or October when Auditors must sign off on its horrific FY accounts. Or never. You can vote now in our when does S&G hit A$0.00 poll? Deadline is 7 AM March 3rd.

Slater & Gordon shares crash to just 32 cents as the curse of Quenron savages value - target ZERO

Published 388 days ago

If you spunk A$1.3 billion buying a fraudulent business like Quenron and leaving yourself drowning in debt as is Slater & Gordon (SGH) your shareholders are going to get 100% fucked it is only a matter of when. 

Slater & Gordon Beer & Popcorn Results Debacle Podcast Part 3 - why did S&G's board crash the car

Published 389 days ago

In part two of this series I showed why analysing today's interims leads to just one conclusion - shares in Slater & Gordon (SGH) are going to zero or near as damn it. That podcast can be accessed HERE. Now I look at quite why the poltroons who run S&G did the Quindell (QPP) deal in the first place and why they overpaid so monstrously for a fraud

Slater & Gordon Beer & Popcorn Results Debacle Podcast Part 2 - Car Crash - for S&G insolvency beckons

Published 389 days ago

The interims for the 6 months to December 31 2015 from Slater & Gordon are a car crash. A$1.2 billion was spent on buying the Quindell (QPP) fraud, now the madness of that is laid bare. Slater's board should be strung up with piano wire. The shares are heading to zero or near as damn it. This podcast contains a full results analysis.

Slater & Gordon Beer & Popcorn Results Debacle Podcast Part 1 - Good news for Watchstone

Published 389 days ago

Slater & Gordon (SGH) interims are out and are disastrous for the Aussie poltroons. The Quindell (QPP) fraud has left S&G on its knees. But before I enjoy another ouzo I start with a look at how this car crash affects Watchstone (WTG) and for it the news is good.

Avanti Communications - please explain your 100% rum & coke subsidiary accounts?

Published 390 days ago

If a company organanises itself with complex subsidiaries with opaque accounts that simply contradict themselves you know to run a mile. Think Quindell. Now welcome to the world of Avanti Communications (AVN) - target price 0p - and its wholly owned subsidiary Avanti Communications Infrastructure Limited. The numbers just do not make sense.

Petroceltic: Moron "experts" from Bulletin Boards take it up the arse as bid comes in at 3p

Published 392 days ago

Time and time again we bears warned folks that shares in Petroceltic (PCI) were essentially worthless. But the Bulletin Board Morons - as always - knew better. Tom Winnifrith is just a failed fund manager/pizza boy/alcoholic they chanted as they bid the shares to 20p+. Oh dear folks, this former oil analyst has no sympathy as today Petroceltic received a bid at just 3p per share and that is as good as it will get. The Morons - as ever - just do not know what they are talking about.

Slater & Gordon shares suspended - Castlemaine XXXX & popcorn Monday with results

Published 394 days ago

Trading in the shares of Aussie poltroons, the law firm Slater & Gordon (SGH) has been suspended on the ASX ahead of interim results on Monday with the imbeciles flagging that there will be a material write-down of its British assets, notably the fraudulent businesses bought from Quindell (QPP). Oh dear...this is not going to end well for S&G is it?

Tom Winnifrith Bearcast 18 Feb: PR Man Paul McManus of Walbrook - stop jerking off, stop smearing me & take the Eden Challenge

Published 400 days ago

I urge you to follow the Quindell (QPP) lunatic Steamy, aka Marc Rowlands and sign a petition to Parliament if only to discredit the whole process. As an aside you now know the 322 stupidest people investing in AIM. I have a challenge for the lying toe-rag Paul McManus who does PR for FRAUD Eden Research (EDEN). I discuss Horse Hill stocks, Servision (SEV), Iofina (IOF) and Greka Drilling (GDL)

Telecom Plus – is this Red Flag anything to worry about?

Published 403 days ago

Shares in fully listed Telecom Plus (TEP) seem to have fallen off a bit a cliff over the last few weeks. I’ve not seen anything terrible in the way of RNSs to explain it and although falls in the wider market would contribute to weakness a 20% drop seems hefty. But I did turn up something at Companies House which I think the company should explain.

Lord Howard so what do you value Watchstone's 5% stake in the Quob Park Ponzi at?

Published 404 days ago

And there was I thinking that the good Lord Howard and his colleagues on the board at Watchstone (WTG) formerly Quindell (QPP) wanted nothing to do with fraudster Rob Terry. How wrong was I?

Rob Terry and the Quindell Biosign FRAUD - you will never guess what Quob Park has done?

Published 404 days ago

We covered the total fraud that was Quindell's (QPP) dealings with Canadian listed company Biosign - a fraud the new management has tried to paper over - HERE . You will never guess what has happened now.

Servision: Make My Day please can I see you in Court Bitchez?

Published 408 days ago

It seems that folks round at Servision (SEV) the AIM Casino listed company with atrocious revenue recognition policies, a track record of issuing RNS contract wins that turn out not to be true and which is heading for insolvency, don't like me very much. You know what? I don't like POS Servision for all the reasons demonstrated HERE. But the Servision chaps want to fight back.

Slater & Gordon, Helen Cutler Tribunal is this what the Aussies want to hide at ACH?

Published 409 days ago

I have noted before that Aussie poltroons Slater & Gordon (SGH) are closing down the ACH unit bought from Quindell (QPP) with a book value of £30 million and have admitted that the reason is in part to avoid bad publicity. So is this what they are trying to hide? Perhaps it is this...

Eden Research, November 2014, the related party give away - back to Ken Brooks' pal Chris

Published 410 days ago

We have already established that Christopher Livingston-Campbell is both a terribly close associate of Eden Research (EDEN) founder Ken Brooks HERE and is also involved with Eden itself as his LinkedIn profile (below) makes clear. Now let's look back to November 2014 and some share transactions - not declared as related party - which stink to high heaven

TMC Southern, Quindell, fraud and the Companies House Mystery

Published 415 days ago

I exposed the massive panama pump fraud at TMC Southern and Quindell (QPP) back in August 2014 and Quindell/Watchstone (WTG) now admits I was 100% right - having first said it would sue me for libel. It would be appreciated if the new management might apologise for that. Now we have some answers as to why TMC has not been struck off despite now being late on THREE sets of accounts. Companies house and I have swapped emails.

InternetQ - the Bubble pulls a rabbit from his hat: a bid

Published 416 days ago

I am in no doubt whatsoever that InternetQ (INTQ) is a worthless enterprise which smells all wrong and cannot generate cash - something I believe is demonstrated HERE. And that is why its shares have slumped from 350p last spring. But they have been rallying in recent days and now we know why, the CEO is mulling a bid. The shares soared on that news to close at 139p. So what next?

Slater & Gordon - shareholder wipeout within weeks? Heads Must Roll

Published 418 days ago

The Sunday Telegraph is reporting that Aussie poltroons Slater & Gordon (SHG) has called in experts to look at a restructuring of its borrowings as the problems caused by the £600 million acqusition of the fraudulent operations of Quindell (QPP) mount. This should come as no surprise to ShareProphets readers - I explained HERE on November 21 2015 exactly why S&G was a ZERO. The shares - A$8 after the Quenron purchase are already down to 62.5 Aussie cents. The fact is that with a market cap of A$222 million but debts of A$700 million it will be out of cash - unless it defers debt repayments - by mid year.

Notes from Underground - A rose by any other name

Published 418 days ago

Another week that shows a crack in the facade of Tom's Top 10 Dominance: Cynical Bear's Is Neil Woodford's Halo slipping? makes the list at number 10. For the avoidance of doubt, Tom did contribute 23 of the 25 most read articles.

TMC Southern - the mega Quindell fraud of 2011 now overdue 3 sets of accounts

Published 421 days ago

The fraud that created nearly all of the fictional profits reported by Quindell (QPP) in 2011 was the panama pump involving Mark Ford's TMC Southern. I exposed it HERE in August 2014, got a fascist lawyers letter in response, and Quindell admitted that my allegations were correct in the summer of 2015. But still Rob Terry and his pal Mark Fraud are trying to cover up this ford. Check out Companies House HERE

Rebranding at the Quindell/Watchstone FRAUD Hubio - photo exclusive

Published 423 days ago

Shot in the Watchstone (WTG) offices in Toronto today..this is rebranding on the cheap. Hat tip to one of our many sources on the inside of this  sinking ship..

Tom Winnifrith Bearcast 24 January: Himex this is jail for Rob Terry & bad news for Watchstone + crap AIM investment companies

Published 425 days ago

I am sorry for the delayed podcast but I am only just back from time in the Grim Northern welfare safari with the mother in law and thus can now let myself go with a volley of bad language.  I end with an explanation of who benefitted from the £150 million + Himex fraud at Quindell (QPP) laid bare earlier HERE and how it also affects Watchstone (WTG). Before that I talk of my annoyance on the silly blogger spats and the explain the difference between a cash shell and an investment company and why I regard our work on exposing the latter as invaluable. In the middle segment I have more bad news for oil companies such as XCite (XEL), IGAS (IGAS), Petroceltic (PCI) & Gulf Keystone (GKP) and for the sector as a whole but also for the markets. Dont blame China, we bears are still in the driving seat.

Quindell - the £100 million + Himex fraud laid bare - accounts finally filed

Published 425 days ago

Himex was the biggest fraud in the Quindell (QPP) Augean stable but until now the scale of that fraud totalling hundreds of millions of pounds has remained hidden because Himex has now FINALLY filed accounts. The company has now changed its name to Hubio Solutions Ltd and snuck out accounts - on my Birthday - which the Serious Fraud Office will just love. It is bad news for Rob Terry but also for Watchstone as it exposes the myth pushed by the bulls that its ongoing businesses have any value.

Fraudster Rob Terry ups his stake in Daniel Stewart

Published 430 days ago

Disgraced corporate adviser Daniel Stewart will have its shares thrown off the AIM Casino on Friday. Its balance sheet is a train wreck, it is burning cash, its reputation is in tatters and its shares are worthless. So what happens next?

The Curse of those who send Tom Winnifrith a lawyer's letter - set to strike again TOMORROW

Published 431 days ago

I have only just finished celebrating the AIM demise of Daniel Stewart (DAN) a shite firm that mistakenly sent me two bully boy lawyers letters trying to gag me. Karma has now come for Daniel Stewart as it did for another firm that pissed away shareholders cash trying to shut me up, Globo. So who is next? You are not going to have to wait long. Karma struck today and I shall reveal all on Tuesday.Why not have a guess who got a dose of Karma today in our readers poll. Its easy...

MX Oil - Placing Scoop Confirmed, Questions unanswered, Morons in a frenzy

Published 431 days ago

It is not a good start to the week for MX Oil (MXO) as it has essentially confirmed my £2 million at 1p placing article from Friday. It is reshuffling the board, now considering asset sales, its shares are slipping and its moronic shareholders blame it all on Tom Winnifrith and are stating on twitter and on various chat room asylums that they are reporting me to the FCA.Where does one start?

Daniel Stewart - it's thankyou and goodnight: we dance on your grave

Published 433 days ago

Having hinted previously that its AIM days may be numbered, last night at no-one-is-watching o'clock (5.29pm on a Friday) erstwhile AIM-listed Daniel Stewart (DAN) released an "Update on Suspension" RNS which admitted that following the resignation of Beaumont Cornish, the Nomad of last resort, the company had been unable to find a replacement. In other words no other Nomad is prepared to act and we should expect an AIM execution announcement on Friday of next week.

Get your free copy of 49 Red Flags by Tom Winnifrith today

Published 439 days ago

The Naibu (NBU) Neds have now admitted my fraudbusting was spot on (HERE), The FRC has thanked me for alerting it to Quindell (QPP) frauds (HERE) and so 2015 was a great year of Red Flag spotting for me. Earlier in the year year I published an ebook, dedicated to fraudster Robert Simon Terry, flagging up some of what I look for in Companies that commit FRAUD - "49 Red Flags". If you would like a free copy sent to you today just fill in the form below.

Watchstone, aka Quindell, who got the £2 million bonus at Christmas: was it disgraced Rob Fielding?

Published 440 days ago

A hat tip to Drunken Sailor for this post which sets in train the question of the Rob Fielding cover up at Quindell (QPP), now Watchstone (WTG). 

Tom Winnifrith Bearcast 9 January: In denial, Paul Scott, Quindell & China nutters

Published 440 days ago

I deal with three sorts of folks who are in denial. Quindell (QPP)/Watchstone (WTG) owning BB nutters who still insist that Rob Terry may be innocent and I may be guilty, Paul Scott who sees value in retail stocks and the other China nutters who cannot accept that what is going on is more than a little blip. Once again I warn that this podcast contains strong language.

Quindell (ie Watchstone) faces Canadian lawsuit - when was it planning to tell us?

Published 441 days ago

Heck,it may have a new name but it seems that the bury the bad news approach of fraudster Rob Terry still pervades at Watchstone Group (WTG), the company formerly known as Quenron (QPP). Perhaps it would like to tell us about the Canadian lawsuit it picked up this week?

Reviewed: Performance of the AIM shares shorted as at the start of 2015

Published 441 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, we recently detailed the shorted AIM shares (by net short position %) at the start of 2016 - see HERE. The following review of 'The AIM shares shorted as at the start of 2015' suggests further why it may be worth paying some attention...

The 49 Red Flag Tick List - Inspirit Energy

Published 441 days ago

I published a book last year "49 Red Flags" - there are actually 50 listed and the book explians why each is important in avoiding piss-poor investments. As a little exercise the deputy Sheriff of AIM and I have applied the check list to Inspirit Energy PLC (INSP) and the results are appalling.

Watchstone £1 Disposal today - what that tells us about the Quindell fraud

Published 441 days ago

Watchstone Group (WTG), formerly known as Quenron (QPP) has today sold its property services business BE Insulated and Carbon Reduction Company for just £1. The statement is telling.

Slater & Gordon trying to bury the Quindell fraud at ACH - admits to reputational risk in internal email

Published 443 days ago

You thought that Aussie poltroons Slater & Gordon (SGH) - target price ZERO - were trying to be clean and transparent when it comes to the crap they bought from Quindell (QPP). Think again. We have obtained internal emails which show that the reverse is true.

Stockmarket Villain of the year 2015: Tom Winnifrith, Chris Oil or Rob Terry

Published 444 days ago

As we revealed here our poll on the stockmarket villain of the year 2015 was rigged by someone in Manchester voting numerous times from the same ISP, encouraged by the lying criminal Chris Oil. And so we have three potential villains of the year.

Notes from Underground - That's a wrap, 2015

Published 447 days ago

In the past seven days, 42,201 unique readers read 76,973 pages on ShareProphets. The circulation of the Investors Chronicle is c30,000. Shares is less than half of that. To our critics who think we do not count, we say think again.

Reader Poll - who was the biggest stockmarket villain of 2015?

Published 448 days ago

We have featured a range of total wrong'uns on these pages during 2015 but who do you think was the biggest stockmarket villain of the year?  Rob Terry for the Quindell fraud but also for his Knob Park antics at Imaginatik and Daniel Cesspit or was he the 2014 villain? David Lenigas for the fiasco at Lenigas Cuba and the disgraceful antics of Afriag as well as the Horse Hill fiasco? Peter Landau for finally getting his comeuppance? Criminal and liar Chris Oil who surely gets his collar felt in 2016? Naibu's Houyan Lin? What about Costis from Globo? The AIM Casino short list is in fact a depressingly long list but you can vote from the dirty dozen I have shortlisted below. Deadline midnight 3rd January

I agree with Paul Scott - all quoted stockbrokers are a sell

Published 452 days ago

Paul Scott disappointed his army of fans with a refusal to pen a drunken 3 AM blog this Christmas. Shame. Shame. Instead he penned a very sober slating of the quoted brokers prompted by the profits warning from Panmure Gordon (PMR). I have been saying for ages that this sector is uninvestable and but Paul puts it far more clearly.

REVIEWED: ShareProphets writers share tips of the year for 2015

Published 456 days ago

On the long tack, it is congratulations to Tom Winnifrith with OptiBiotix Health (OPTI) soaring by more than 300%. Kudos also to Steve Moore (K3 Business Technology, KBT, +62% and Impellam Group, IPEL, +57%), Malcolm Stacey (Zytronic, ZYT, +43%), Chris Bailey (Coca-Cola HBC, CCH, +25%) and last of the double digit gainers Nigel Somerville (Core VCT, +11%). On the other hand, it is commiserations to…

Tom Winnifrith Bearcast 23 December: The Conservative Club and its all about earnings visibility

Published 457 days ago

Everything today is delayed by last minute Christmas shopping including the duck fior Christmas day and the stocking presents for the cats and by a visit to the Conservative Club as I explain. In the podcast I again warn David Lenigas and Afriag (AFRI) shareholders that I have a special Christmas Day treat just for them, just as I had for fraudster Rob Fielding of Quindell (QPP) and the convicted Nigerian fraudster Andrew O'Dua on December 25 2014 - HERE.  Elsewhere I look at Sovereign Mines of Africa (SMA), Fitbug (FITB), Game Digital (GMD), Panmure Gordon (PMR), the pensioner muggers WH Ireland (WHI), Levrett (LVRT) and the shoddy scumbags at the Mail on Sunday, Pittards (PTD) and Audioboom (BOOM).

Get your free copy of 49 Red Flags by Tom Winnifrith in time for Christmas reading

Published 458 days ago

The Naibu (NBU) Neds have now admitted my fraudbusting was spot on (HERE), The FRC has thanked me for alerting it to Quindell (QPP) frauds (HERE) and so its been a good year of Red Flag spotting for me. Earlier this year I published an ebook flagging up some of what I look for in Companies that commit FRAUD - "49 Red Flags". If you would like a free copy sent to you in time for Christmas just fill in the form below.

Fraudster Rob Terry floating a new company on the stockmarket? He is avin a bubble

Published 462 days ago

Yesterday Quindell (QPP) fraudster Rob Terry announced that his Knob Park vehicle had spun out a new subsidiary ( which is this still controlled by Mr 2+2 can = 5) , Quob Park Technologies and that "Quob Park Estate (the parent), along with its partners, will be providing advice around the company’s future development strategy, fundraising and corporate financing activities, including any potential IPO". Rob you are avin a bubble.

Quindell/Watchstone – investing in Rob Terry?

Published 462 days ago

It was announced yesterday morning that fraudster Rob Terry’s Quob Park Estate Limited (QPE) had sold its entire holding in AIM-listed Imaginatik (IMTK) to a company called Quob Park Technologies Limited (QPT). The RNS went on to say that QPT is controlled by QPE – ie Rob Terry. But there is rather more to this than meets the eye, including some bizarre Companies House filings which see a shareholder called Quindell plc emerge in August of this year. Time for a dose of Tom Winnifrith’s mushrooms? Aciiiiiiiiiiiiid.

Christmas comes early - another Slater & Gordon profits warning - bankruptcy a cert for 2016

Published 463 days ago

Thank you Santa for this early present. Aussie poltroons Slater & Gordon (SGH) have issued another profits warning with its UK businesses, notably those bought from Quenron (QPP), blamed. Bankruptcy in 2016 now looks a slam dunk cert.

David Lenigas panics over Afriag revelations and signs its AIM death warrant on twitter

Published 466 days ago

Sometimes when the bad guys come under pressure it all gets too much for them and they panic and make a silly mistake. The Quindell "response to a blogger" statement actually gave proof of certain frauds. It was a blunder made in panic. And that brings us to David Lenigas who was so panicked by yesterday's Afriag (AFRI) bombshells and so effectively signed the AIM death warrant of the company with one single panicked tweet.

BREAKING: YourLegalFriend today files letter of claim for 342 punters against Watchstone/Quindell

Published 466 days ago

I can reveal exclusively that class action lawyers Your Legal Friend has today sent its letter of claim to Watchstone Group (WTG) -formerly Quindell (QPP) - on behalf of an initial claimant group of 342 retail investors. 

Struggling for small talk ideas at the Daniel Stewart Christmas Party - a few one-liners to try

Published 471 days ago

Maybe you have no shame and will tonight be attending the Daniel Cesspit (DAN) Christmas Party but are worried that you might struggle to make small talk with its useless boss Peter Shea and his dwindling numbers of staff? Fear not, just for you, here is a cut out and keep 13 handy one liners to use. There is no need to thank me, in the season of goodwill I'm just trying to help.

Tom Winnifrith Bearcast 6 December - working the fraud playbook

Published 474 days ago

In today's podcast I refer you to the earlier piece on Defenx (DFX)  - here - and the critical importance of reading original documents. Then it is the fraud playbook - how companies and investors react when they are caught with their trousers down or attacked just for being overvalued. Companies mentioned include Globo (GBO), Quindell (QPP), Rare Earth Minerals (REM) and Internet Q (INTQ)

The Buy case for InternetQ from the folks who told you to buy Globo 4 days before suspension - Canaccord

Published 474 days ago

Up until it quit as joint broker to the Fareham fraud, Canaccord had its tech analysts urging clients to buy shares in the POS Quindell (QPP). Four days before the Globo (GBO) fraud saw its shares suspended the same monkeys published a buy note on that stock. And now for the hat-trick.

Cenkos , Quindell and the Serious Fraud Office..let me help you gents with a leaked email

Published 474 days ago

The Sunday Times today reports that the Serious Fraud Office has demanded boxes of documents and emails from Cenkos, the Nomad to Quindell (QPP) as part of its enquiry. Let me assist you Gents, for Cenkos actively worked to protect this fraud as the AIM regulation team knows full well. You see...I was inadvertently cc'd in on emails between Cenkos and the chocolate teapots.

Internetq : Another Canaccord Fraud?

Published 474 days ago

Hot on the heels of Globo (GBO), the Internetq (INTQ) saga raises interesting questions about the nature of the due diligence practiced at firms such as Canaccord and RBC the brokers to both of these fraudulent enterprises.

Avanti Communications - a letter to the Financial Reporting Council re 2015 accounts

Published 476 days ago

Now that, post the fraud Quindell (QPP) I am such good friends with the only watchdog with teeth, the Financial Reporting Council (FRC) I have written to my pals asking them to investigate whether the 2015 accounts for Avanti Communications PLC (AVN) give a true impression of how the business is doing. I do not think they do. But Avanti also has other worries which is why the shares will crash.

InternetQ - Pathetic response to ShareProphets - target price cut to half a drachma

Published 477 days ago

Today's From Athens with Love report from ShareProphets sent shares in Greece based AIM listed InternetQ (INTQ) tumbling by more than 50% at one point. Finally we get a weedy but all to predictable response and on the back of it I have cut my target price (for the whole company) from 1 drachma to half a drachma.

Zak Mir's Great Request Show: ASOS, CML Microsystems, Onesavings Bank

Published 480 days ago

If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at shares in ASOS (ASC), CML Microsystems (CML) and Onesavings Bank (OSB) setting share price targets for all three stocks.

Tungsten heading for Penny Share status. Sell at 39p

Published 481 days ago

Since Tungsten Corporation’s  (TUNG) share price peaked around 400p just over a year ago, prompting its then boss, Edi Truell to brag about the £400 millionn Market cap at the AGM, the market retribution has been savage and unrelenting. The shares are down over ninety percent and that’s after raising a further £30mn in the markets. (Memo to CEOs out there: Never brag about your shareprice)

George Osborne finishes off Rob Terry’s good work – Slater & Gordon is heading for zero

Published 484 days ago

Last weekend I explained HERE how the purchase of the fraudulent and grossly overvalued business of Quindell (QPP) by Slater & Gordon (SGH) earlier this year threatened the Aussie poltroons with a drowning in debt wipe-out – quite simply it is not generating any cash, thanks to Quenron. This afternoon things got worse, much worse. Thanks to Chancellor George Osborne, shares in S&G are now almost certainly heading for zero. It is now the short of the century

Tom Winnifrith Bearcast 21 November: Quindell New Board & Old Board and Slater & Gordon - who is going down?

Published 489 days ago

The Quindell (QPP) fraud has been toxic for all concerned. In this detailed podcast I ask what 2016 holds in store for the old Quindell board, its new board, shareholders in Quenron and Slater & Gordon (SGH). Could S&G be a zero? Yes it could in light of revelations this week.

An Open letter to the FCA and AIM Regulation – please investigate whether Quindell’s NEW board mislead investors

Published 489 days ago

We know that the old board at Quindell (QPP) serially mislead and lied to investors as it committed wholesale fraud. Most of that board is now awaiting arrest by the Serious Fraud Office. But now to the NEW board, I have today written to the FCA and AIM Regulation asking whether it mislead investors on August 5 2015 in a material way with regard to its Himex subsidiary

Lord Michael Howard of Quindell answers question at 12th time of asking – but answers wrongly

Published 489 days ago

Twelve times, by email and by twitter I asked former Tory leader Lord Michael Howard of Quindell (QPP) why the new board was trying to bury evidence of the fraud committed by the old board by not filing accounts for Quindell Financial Services – the vehicle ex CEO Rob Fielding used to half inch almost £2 million in a sham deal with convicted Nigerian fraudster Andrew O’Dua. Lord Howard has now responded to THIS article and my question. Sadly his answer is er...not factually accurate.

Does AIM make thieves of us all?

Published 489 days ago

I’ve had an interesting discussion with our stalwart reader Wildrides on my recent 88 Energy piece (88E). Cut a long story short Wildrides has made a number of comments on pieces I’ve written pointing out the obvious flaws in the businesses I’ve covered. Wildrides and I swap the odd email, so I do know his real name. He is an experienced investor and someone whose opinion I respect, but our recent exchange has left me wondering; does AIM make thieves of us all?

Rob Terry Best Buddy Hassan Sadiq leaves Quindell as the Himex fraud cover-up continues – URGENT questions for new board and FCA

Published 491 days ago

The fraud at Himex was one of the biggest at Quindell (QPP) and the new board seems intent on burying the bad news. It has made bullish statements about the state of play at Himex knowing full well that it could not justify those statements. Now the unit’s founder Hassan Sadiq, a long term henchman and near neighbour of fraudster Rob Terry, has left the company. This whole thing stinks and the NEW board as well as the old now faces massive questions.

Quindell, the frauds are being wound down…Ingenie – anyone want an office?

Published 492 days ago

How much did the fraudsters at Quindell (QPP) pay - with ther folk's money - to their mates who owned the duff entity at Ingenie which was going to conquer the world? Remind me did Jug ears Gary Lineker make £5 million or was it only £3 million. How about Rob Terry’s pal Richard King? We always knew it was a load of hot air and now as the Serious Fraud Office prepares to swoop on Terry and others (not Jug ears, I stress) the new board at Quindell is quietly shutting down the fraudulent non-operations. 

Dodgy Quindell dealings at Knob Park?

Published 493 days ago

Thanks to an avid reader I have been alerted to a very interesting filing at Companies House from Quob Park Estate. Anoraks of the world unite at ShareProphets! It concerns the issue of 2,855,566 shares in Quob on 29 Dec 2014. The consideration was originally notified (see HERE) as being the ratio of Quob Park Estate Limited shares issued for listed securities to settle consideration value of £2,855,566 (with roll-over relief claimed). But a replacement filing now notes simply a cash consideration of £1 per share (see HERE).

Notes from Underground - A ticket, a tasket

Published 495 days ago

ShareProphets should be sending David Lenigas (pictured left) a thank you basket of mini-muffins as stories regarding his companies have clearly dominated the top 10 this week. Yet he didn't didn't take every slot, the top non-Lenigas stories were covering our old pals Sefton and Quindell. 

New Quindell Board Burying the evidence of fraud by Rob Fielding – Lord Michael Howard be ashamed

Published 497 days ago

We were told that the new Quindell (QPP) board were the honest guys coming in to clean up the mess and to help the Serious Fraud Office clear up the wrong dealings of the ancient regime. Yet evidence emerged yesterday that instead of doing that the new board including Lord Michael Howard is just trying to bury the evidence of theft from shareholders. I have written to Lord Howard and the SFO to alert them to this and ask why?

Zak Mir's Bulletin Board Heroes: Arcontech, Alecto Minerals, Altona Energy, Cap-XX, Patagonia Gold, Quindell

Published 500 days ago

Featuring shares in Arcontech (ARC), Alecto Minerals (ALO), Altona Energy (ANR), Cap-XX (CPX), Patagonia Gold (PGD), Quindell (QPP), together with some share price targets.

Quindell – good news for shareholders and er…not so good news

Published 501 days ago

The good news first. Subject to Court approval then shareholders in Quindell (QPP) will – thanks to the idiocy of the buffoons at Slater & Gordon – almost certainly be getting a special return of 90p per share in time for the New Year. Now for the not so good news. Don’t spend it all at once.

Tom Winnifrith Bearcast 9 November own Goals and other profits warnings

Published 501 days ago

Quindell (QPP) later. For now, in today's podcast I look at Goals Soccer Centres (GOAL), Red24 (REDT), JQW (FRAUD), Kenmare (KMR), Sareum (SAR), Falanx (FLX), LGO Energy (CRAPCO) and Lenigas Cuba (JOKECO)

Fraudster & insider dealer Rob Terry shocking revelations about Daniel Stewart

Published 506 days ago

Over at Ponzi Quob Park (QPE), the fraudster Rob Terry of Quindell (QPP) infamy has penned a lengthy post about Daniel Stewart (DAN). It is shocking and begs massive questions.

Globo Scandal - How much did the FY14 Audit cost?

Published 508 days ago

Needless to say, when a fraud scandal breaks one of the questions which gets asked is where were the auditors? In some cases the audit is shown to be hopeless - I would imagine that some will view KPMG's efforts with Quindell (QPP) in that category. Sometimes it is simply that the level of audit which would have been required to unearth the fraud (or, cough, errors) would simply have been too expensive to perform and not necessarily required by the regulators. 

Fraudster Rob Terry tweets into life again via the Quob Park Ponzi

Published 510 days ago

The last tweet was September 23. But Quindell (QPP) fraudster Rob Terry and his Knob Park ponzi are again tweeting promising news next week. Might this be an update on his discussions with the Serious Fraud Office or from fraud to farce, news about AIM Casino POS Daniel Stewart (DAN)?

Prevention of Fraud and/or Error: are auditors a pointless waste of money?

Published 514 days ago

The Globo (GBO) scandal brings up the issue once again of what an auditor is there to do. Yesterday’s admission that, essentially, Globo’s accounts could not be relied upon suggests that there has been a massive failure. Auditor there: Grant Thornton. But Globo is by no means the only case of investors being misled as to the true picture in a company’s accounts.

The Globo Scandal – who is behind Lantau Holdings Ltd, and was the RNS of 14 Sept Market Abuse?

Published 515 days ago

What a staggering set of RNS releases this morning from AIM fraud Globo (GBO). First we have the near admission that the fraud allegations are substantially true. Then we have the resignation with immediate effect of joint Broker to Globo, Cannacord – just as Cannacord resigned the Quindell (QPP) account when the heat was really on. And to cap it all -  the cherry on the icing on the cake - news that Globo’s erstwhile CEO, Mr Konstantinos Papadimitrakopoulos, had been covertly selling down his holding of shares before the arrival of the bear report from Quintessential Capital Management. But when was he selling?

Quindell fraudster Rob Terry – Go on tell us about your boardroom discussions with Daniel Stewart

Published 515 days ago

Once upon a Quindell (QPP) time the fraudster Rob Terry seemed to be suffering from twitter diarrhoea. But for the past six weeks his new mouthpiece, the Quob Park Ponzi scheme has been almost silent. One might almost suspect that on legal advice the fraudster was being advised to say schtum as he awaits arrest by the Serious Fraud Office. He should not have to wait long. But, meanwhile, what about his discussions with Daniel Stewart (DAN)?

Tom Winnifrith is wrong. Why we should push for the reform of AIM.

Published 519 days ago

“Markets affect everyone. But they can go wrong.  Left unattended they can be prone to excess, instability and abuse.  In order for markets to regain their social license, it is vital that public authorities and private market participants work together to reverse the tide of ethical drift. This cannot be a one-off exercise and needs continuous engagement so that market infrastructure keeps pace with market innovation.” Describing the rationale for its Open Forum at the Guildhall on 11 November, the Bank of England perfectly sums up the general argument for reform of AIM.

Pssssst don’t tell them but some bad news for the LSE Quindell morons

Published 519 days ago

They still don’t get it. The FRC has thanked me for exposing fraud at Quindell (QPP) and the former board are being investigated by the SFO as well (it can thank me later for the assistance I have provided). Yet according to some Quindell shareholders on the LSE Asylum I am the guilty party, the devil incarnate. And boy were they looking forward to my day in the High Court today…don’t tell the morons it is off as at least one admits to going along last time to cheer on my then opponent Aiden Earley. I would not want to stop a moron from wasting a morning.

Notes from Underground - Here comes the judge

Published 523 days ago

Unsurprisingly, the top stories this week are those that involve the regulators thanking Tom for his investigations into the market, the BBC using Tom as an expert witness on the market, and Tom getting called into High Court again for an injunction hearing by participants in the market in attempt to get him to stop.

Caption Competition result and a new one, in honour of Xavier "L'Autruche" Rolet of the LSE

Published 525 days ago

Entries in Wednesday's caption competition were entertaining as readers poked fun at AIM Regulation's ineptitude over the Quindell (QPP) and the ShareProphets AIM-China Filthy Forty scandals. We have a winner - and a new contest in honour of Xavier "L'Atruche" Rolet, CEO of the London Stock Exchange Group as we celebrate AIM-China execution number 13, ARC Capital (ARCH).

Caption Competition - AIM Regulation gets a phone call

Published 527 days ago

With the Financial Reporting Council now having written to Tom Winnifrith to thank him formally for his work in exposing the multiple frauds at Quindell (QPP), the question arises as to how the oxymorons at AIM Regulation managed to ignore all the evidence they too were sent. Add to that the ongoing fiasco that is the ShareProphets AIM-China Filthy Forty (number 13 due to be booted off the Casino on Thursday) and there is surely a king-sized omlette on their collective faces.

BREAKING: FRC says extended enquiry into Quindell thanks to Tom Winnifrith, thanks him and says disciplinary action on way

Published 529 days ago

A letter received today from the Financial Reporting Council confirms that it extended its enquiries into the fraud at Quindell (QPP) to take in a wider remit as a direct result of my action. I am thanked for this and it gets better still.

Life on Marbs 12 starring Quindell fraudster Jon Stretton Knowles – Series Finale

Published 529 days ago

I am on cold turkey already. This was the last episode of the worst ever TV reality series ever – Life on Marbs. Surely even ITV cannot bring this rubbish back. Anyhow what happened in Marbs in episode 12?

Notes from Underground - As God is my witness, I thought turkeys could fly

Published 530 days ago

Thank you for taking time out from your turkey, your cranberry sauce, your tortierre puck, and your maple snowballs to read ShareProphets today.

Tom Winnifrith Bearcast 10 Oct: taking issue with Lenigas, Zak, Golden Saint, Surgical Innovations and CEB

Published 531 days ago

I start with a discussion of World Mental Health day and then move onto David Lenigas and Afriag (AFRI). Then to the matter of trading whilst insolvent and discuss the cases of Quindell (QPP) ten months ago, TXO today and in great detail Golden Saint Resources (GSR). On that matter I raises questions for its Nomad Roland "fatty" Cornish and ask who is the compliance officer at the crowd funder assisting Golden as the chap is clearly the most certifiable imbecile in the Western World. Anyone know?  Then it is onto CEB Resources (CEB) and Surgical Innovations (SUN) where there are two reasons to sell first thing on Monday: fundamentals and Zak Mir tipping it today HERE

The Ingenie Panama Pump fraud at Quindell – killer details emerge: Are you happy Gary Lineker?

Published 532 days ago

As the Company’s House filings emerge more details of the various Rob Terry frauds at Quindell (QPP) emerge and the latest concerns Ingenie, the insurance company for whom Gary Lineker made £5 million. This is a panama pump. And it is black and white slam dunk, jail meriting, fraud, not for Lineker who is innocent of any wrong doing but for many others.

An Open letter to Roland Fatty Cornish – quit Daniel Stewart NOW before the Rob Terry stink kills you off

Published 537 days ago

The revelations today by Nigel Somerville make it clear that Rob Terry is up to his old tricks again with regard to share dealing in Daniel Stewart (DAN). Somewhere along the line he is dissembling in his regulatory filings. Nomad Roland “fatty” Cornish is already in all sorts of hot water over the scandals at Gate Ventures (HERE) and New World Oil & Gas (HERE), he now needs to save what is left of his reputation and quit acting for Daniel Cesspit now. I have written him a letter in the spirit of compassion and brotherly love urging him to do just that. It reads:

Daniel Stewart – did Rob Terry go over 10% and will Beaumont Cornish now have to resign?

Published 537 days ago

At risk of being accused once again of being a Companies House anorak by Tom Winnifrith (pots, kettles?) I note some very interesting filings by Rob Terry’s Quob Park Estate regarding shares in Daniel Stewart (DAN) and Rob’s old mucker Mr Mark Ford. Oh dear Rob's been a naughty boy again.

Notes from Underground - Never say never again: a Perfect 19 for TW

Published 537 days ago

I though that we had reached peak Tom when he had written 8 out of the top-ten articles last week on his sabbatical. But no, Fortuna always rolls for the big win, and this week the Sheriff of AIM has actually written 10 out of the top-ten articles. On. His. Sabbatical.

Life on Marbs 11 Starring Quindell fraudster Jon Stretton Knowles - penis is too small

Published 539 days ago

How I suffer. Just for you, dear reader, I have now watched the 11th episode of Life on Marbs, the new ITV reality TV show starring Quindell (QPP) fraudster Jon Stretton Knowles. And it was possibly the most toe curling episode yet. JSK’s bromance with a younger guy is going well and Jon is now going to the gym to keep in shape but worries he still looks old. So an ageing slapper with possibly the most leathery skin on this planet takes him to her Botox/plastic surgeon man.

Zak Mir's Bulletin Board Heroes - Camco Clean Energy, Quindell, Serica Energy, Strat Aero, W Resources, Xtract Resources

Published 540 days ago

Featuring shares of Camco Clean Energy (CCE), Quindell (QPP), Serica Energy (SQZ), Strat Aero (AERO), W Resources (WRES), Xtract Resources (XTR), together with some share price targets.

Some Good News for Quindell – or is it?

Published 542 days ago

At last YourLegalfriend has filed a claim on behalf of clients who lost money from owning shares in the fraud and claim that they lost money because Quindell (QPP) published lies in RNS statements. The shares are off a tad at 96.75p but one could view the RNS as good news.

CELEBRATE: Daniel Stewart Profits Warning – please post abuse about Rob Terry in the comments section below

Published 542 days ago

Quindell (QPP) fraudster Rob Terry told deluded followers of his new Ponzi Knob Park Estates that shares in Daniel Stewart (DAN) are worth 4.2p possibly 10p. Oh dear. They closed today at 1.4p (off 6.7%% for some reason) and well after hours we got a dire profits (or rather lack of profits) warning.

Slater & Gordon - where's the annual report? Will the curse of Quindell see shares suspended?

Published 544 days ago

Last year the clowns at Aussie keystone-lawyers Slater & Gordon (SGH) filed an annual report on 19 September. That was within the three months of the June 30 year end dictated by the ASX. This year, is there a Quindell (QPP) induced problemo? No Annual Report has bee published yet.

Life on Marbs 10 –Quindell fraudster Jon Stretton Knowles shags slapper Jordan and she bursts out laughing

Published 545 days ago

Finally in episode 10 of the world’s worst ever reality TV show, Life on Marbs, Quindell (QPP) fraudster Jon Stretton Knowles gets his end way with slapper Jordan. But as he “performs” she starts laughing. However he consoles her with a “I’ve been JSK’d” T-shirt. What a Gent. Meanwhile the world’s dimmest couple, Alex and Charles, finally split up. In Darwinian terms they were so well matched.

Quindell fraudster Rob Terry guilty of Market abuse at Imaginatik – I have asked the FCA to Investigate

Published 546 days ago

Rob Terry will, I am sure, soon be arrested by the SFO over the Quindell (QPP) fraud but the crook is not finished in his criminal ways. Via his new Ponzi, Quob (Knob) Park Estates he is clearly guilty of market abuse concerning AIM listed Imaginatik (IMTK) and I have asked the FCA to investigate. Perhaps worried about this Terry has been deleting tweets.

Quindell Financial Services – a lot more for the Serious Fraud Office to Investigate

Published 547 days ago

This company encapsulates the Quindell (QPP) story of serial fraud in the most simple of companies, a dormant £1 company with one share. Yet the three filed accounts are all wrong. The company is then acquired for £1,354,000 just two months after filing accounts showing a net worth of £2,501. Quindell then incorrectly disclosed the acquisition in its 2013 accounts. The new Board then writes off all the acquisition as goodwill. Finally, despite being owned by Quindell since October 2014 QFS is issued with a striking off notice as it's late filing the 2014 accounts and two Annual Returns. And it gets worse…more fun for the SFO as I now explain.

Quindell fraudster Rob Terry files accounts for Ponzi Knob Park: Questions and More Questions

Published 551 days ago

Finally the Quindell (QPP) fraudster Rob Terry has filed calendar 2014 accounts for his new vehicle Quob (known as Knob) Park Estates. Questions, questions.

New Short for autumn – Boohoo at 33p, valuation a rum n’coke: first warning shot fired

Published 551 days ago

Sadly for us bears most of the slam dunk mid-cap AIM shorts have already gone our way. We have had great sport with Monitise, Tungsten, Quindell, Range Resources, LGO Energy, Cupid, Globo (still more to come there), Gulf Keystone, etc. We won. The Bulletin Board Morons lost. Only Avanti Communications is still left to topple. It will.  But now I think we have a new quarry to stalk: Boohoo.com (BOO) looks a slam dunk short at 33p.

Notes from Underground - Ireland defeats Canada - at least I'm not sacked

Published 551 days ago

Unfortunately, Canada lost at the rugby yesterday and thus everything this morning seems dull and lifeless but we persevere. As they lost to Ireland, speaking about it to Tom can only be a lesson in humiliation. But at least Tom will not sack me as he threatened to do should Ireland lose.

Breaking: Quindell fraudster Rob Fielding stepping down with immediate effect at S&G - source

Published 553 days ago

Industry sources say that Rob Fielding, the former CEO of Quindell and until yesterday running the businesses bought by Slater & Gordon from Quenron is to step down with immediate effect.

Life on Marbs starring Quindell fraudster Jon Stretton Knowles Episode 9: JSK gets his naked man but what about the 2 slappers?

Published 554 days ago

How I suffer for you dear reader? I have just watched episode nine of  the worst ever reality TV show, Life on Marbs starring Jon Stretton Knowles, the owner of the Quindell Country Club and a key player in the Quenron (QPP) fraud. To be fair to episode nine it was no worse than the previous eight.

Zak Mir's Bulletin Board Heroes - BMR Mining, Castleton Technology, New World Oil & Gas, Quindell, Teathers Financial, Water Intelligence

Published 556 days ago

Featuring shares of BMR Mining (BMR), Castleton Technology (CTP), New World Oil & Gas (NEW), Quindell (QPP), Teathers Financial (TEA), Water Intelligence (WATR), together with some share price targets.

Who would you like to be Tom Winnifrith’s Christmas victim this year? Nominate away

Published 557 days ago

Last year my three part Christmas Carol series concluding on Christmas day featured the Quindell fraudster Rob Terry. In a prior year Evil Knievil featured. I was thinking about this year’s offering today but whose Christmas Carol will I be recounting?

Life on Marbs Episode 8 – Quindell fraudster JSK’s dire chat up line & desire to see naked man

Published 559 days ago

Bloody hell I suffered, watching to the very end episode 8 of the dreadful ITV reality TV show Life on Marbs starring Quindell (QPP) fraudster Jon Stretton Knowles. The main theme of this episode was how uber-dim Marbs slapper Alex had shagged some himbo two days before her brain dead boyfriend Charles arrived from England. Would their relationship survive?  Heck if the two do breed it is would be a move towards Darwinian species extinction. JSK was on fine form in this show as well.

Tom Winnifrith Bearcast 9 September - more nonsense from and questions for Quindell

Published 562 days ago

I start by clarifying certain rumous circulating that I am starting new businesses or getting involved with those who do. Au contraire. Very much au ffing contraire. Then it is onto today's ludicrous announcement from Quindell (QPP). I also cover Sefton Resources (SER), Goals Soccer Centres (GOAL), Auhua Clean Energy (ACE) - a dirty AIM dog if I ever I saw one - Asian Citrus (ACHL), Aquatic Foods (AFG), Daniel Stewart (DAN), Iofina (IOF) and of course Monitise (MONI).

Rob Terry and the Quindell gang start to regroup at Quob Park Estates.

Published 564 days ago

It looks like Rob Terry and the old Quindell (QPP) gang are getting back together with news that Stephen Scott has been appointed as a director of Quob Park Estates. Of course, this being a Rob Terry vehicle there are one or two problems with the manner of disclosure...

Bank Holiday Bulletin Board Moron of the week (and last week's winner)

Published 564 days ago

Is there no limit to the stupidity of some folks who post comments about shares on Bulletin Boards? And why do the morons all appear to own the same stocks in their portfolios of death? Worthington, Afren, Daniel Stewart, Quindell - will they all pile into Rangers FC when it relists? Probably only if Rob Terry takes a stake. In this shortened week I invite you to post the daftest and most inane comment you find about shares on twitter or on a Bulletin Board in the comments section below. The deadline is Sunday at midnight.

Life on Marbs staring Quindell fraudster Jon Stretton Knowles 7- Jon's Birthday party, is Rob Terry coming?

Published 565 days ago

Forgive me but in the excitement last week I forgot to keep you posted on episode 7 of the world's worst TV series, Life on Marbs, a reality TV show brought to you by ITV and starring Quindell fraudster Jon Stretton Knowles. Welcome to episode 7 and Jon (Tango to his mates) is planning a spectacular 35th Birthday Party. But...

Notes from Underground - Crime does Pay. For us, at least.

Published 565 days ago

I'm constantly amused by bulletin board morons who wonder why we keep following stories. Why does ShareProphets keep writing about Quindell? They must be paid by hedge funds! and Why write about Worthington? They're suspended! ShareProphets must have invented a time machine then got back and shorted them before they were suspended and now want them to never come back so they can pay for their time machine development costs.

Slater and Gordon's FY15 partial results published on Friday made for some very interesting reading.

Published 570 days ago

A Quindellologist from the grim post industrial welfare safaris of the frozen North sends me this fasoinating Slater & Gordon number crunching. Suffice to say that S&G shares remain a stonking sell.

The latest mad missive from Quindell fraudster Rob Terry of Quob Park – questions questions

Published 570 days ago

Via his new scam Knob Park Estates the Quindell (QPP) fraudster Rob Terry has sent out a new missive which even by his standards is a quite deranged piece of fantasy. It begs just so many questions and almost makes me want the SFO to delay his arrest so that he can keep entertaining us with such nonsense.

Why Rob Terry should & will go to prison, 7 share tips & 6 shares to bet the ranch on

Published 571 days ago

The August Edition of UK Investor Show Magazine is now live and the cover story explains why the fraudster Rob Terry of Quindell (QPP) infamy should, and will, go to prison. There are seven share tips from Tom Winnifrith, Zak Mir and Steve Moore and the ShareProphets writers answer the question "if you had to what stock would you bet the ranch on". Amanda van Dyke explains why she is still a gold bull and there's more..

Zak Mir's Bulletin Board Heroes - AFC Energy, Advanced Oncotherapy, Audioboom, Quindell, Range Resources

Published 571 days ago

Featuring shares of AFC Energy (AFC), Advanced Oncotherapy (AVO), Audioboom (BOOM), Quindell (QPP), Range Resources (RRL), together with some share price targets.

Bulletin Board Moron of the week (Mad Bull Disease/Stockmarket crash Edition) – and last week’s winner

Published 572 days ago

I greatly enjoyed the video below concerning the great Peter Schiff. Peter Schiff was right. He called the 2008 market meltdown to total derision. Seven years later we are here again and so as well as scanning Bulletin Boards for the usual suspects (Quindell, Daniel Stewart, Worthington) for examples of sheer idiocy you might check out what the bulls are saying as their predictions look ever more useless. As always post your entries in the comments section below by midnight Sunday.

Notes from Underground - At Sixes and Sevens

Published 572 days ago

In the past seven days, 41,499 unique readers read 73,252 pages on ShareProphets. The circulation of the Investors Chronicle is c30,000. Shares is less than half of that. To our critics who think we do not count, we say think again. Here is what you read last week..

Yes ShareProphets is taking money from Quindell…more fool Quindell

Published 573 days ago

An eagle eyed reader spots that on ShareProphets there is a pop up advert for the new Quindell (QPP) with a short interview with the new head honcho at Quindell. Thanks for flagging this, as I had not spotted it.

Life on Marbs starring Jon Stretton Knowles, the Quindell fraudster, episode 6 - can you help me?

Published 575 days ago

I knew there had to be some drawback to being in Greece. At last I have found it. You cannot access ITV Player so I cannot discover what delights are in store in Episode Six of the truly dreadful new reality TV series Life on Marbs. How is the new business venture of Quindell (QPP) fraudster Jon Stretton Knowles – aka Tango – going? Are the more charity lingerie shoots and designer vaginas? However...

Bulletin Board Moron of the Week Competition Sponsored by Knob Park Estates ( and last week's winner)

Published 579 days ago

The Bulletin Board Morons were flying last week with shareholders in Quindell, Daniel Stewart and Worthington once again showing themselves to be the most deluded fools out there. One suspects that many folks hold all three gems and are also lapping up Rob Terry's latest fraud, Knob Park Estates ( sorry I meant Quob Park). Your entries for Bulletin Board Moron of the week were as ever spectacular, can you do better this week? The entries last time were magnificent covering a full spectrum of idiocy. You can see all the entries HERE.

Notes from Underground - Game over man, game over. (Maybe.)

Published 579 days ago

In the past seven days, 44,995 unique readers read 78,273 pages on ShareProphets. The circulation of the Investors Chronicle is c30,000. Shares is less than half of that. To our critics who think we do not count, we say think again.

Zak Mir's Bulletin Board Heroes - Clear Leisure, Feedback, Paragon Entertainment, Quindell, Sovereign Mines Of Africa

Published 579 days ago

Featuring the shares of Clear Leisure (CLP), Feedback (FDBK), Paragon Entertainment (PEL), Quindell (QPP), Sovereign Mines Of Africa (SMA), together with some share price targets.

Life on Marbs starring Quindell fraudster Jon Stretton Knowles – Episode 5 Lingerie Shoot

Published 581 days ago

In episode 5 of the truly dreadful new reality series Life on Marbs, Lina celebrates giving up smoking by doing a lingerie shoot. Seriously you could not make this up. Meanwhile how is the new business venture of Quindell (QPP) fraudster Jon Stretton Knowles – aka Tango – going? You mean you were not watching last night's show?

Tom Winnifrith Bearcast 19 August - who from Quindell goes to prison after SFO News

Published 583 days ago

I am meant to be offline in Greece but I log on and discover the flip flop Turney is writing bullish nonsense on Quindell (QPP). The lad should really stick to writing three articles a day about New World Oil & Gas (NEW). After yesterday's news from the FCA/SFO I discuss who goes to prison with the fraudster Rob Terry and where this leaves the shares. Those who dismiss YLF tend - like flip flop - not to have spoken to them and - as a result - not to understand what is going on.

Quindell plc – shares up on CEO appointment & FCA investigation news BUT…

Published 583 days ago

Having closed last week at 93p, shares in Quindell plc (QPP) have risen to a current more than 97p following announcements of the appointment of a new Chief Executive and that the FCA’s investigation into previous statements made by the company has been discontinued. BUT…

Quindell; FCA decision to drop investigation gives birth to surprising hope

Published 584 days ago

This morning, the FCA announced it had discontinued its investigation into Quindell (QPP) with “immediate effect”. Quindell’s shares have rallied slightly on the news to settle at 97p, last seen, but how significant is this move for the company’s embattled shareholders?

Slater & Gordon – results delay news re-sparks debate on valuation

Published 585 days ago

News that the acquirer of Quindell's (QPP) 'Professional Services Division' Slater & Gordon has delayed the release of results for its financial year (see HERE) has re-sparked debate on the Australian stock…Tom Winnifrith took up the charge here

Zak Mir's Bulletin Board Heroes - Featuring Jubilee Platinum, LGO Energy, Nighthawk Energy, Quindell, Serica Energy

Published 585 days ago

Featuring shares Jubilee Platinum (JLP), LGO Energy (LGO), Nighthawk Energy (HAWK), Quindell (QPP) and Serica Energy (SQZ) with share price targets for all.

A New Bulletin Board Moron of the Week Competition & last week’s winner: The power of Tom

Published 586 days ago

The Bulletin Board Morons are noted sometimes for their denial (Afren delisted today, is there hope), sometimes for their sheer stupidity (Worthington Golden ticket holders) and sometimes for their ability to come up with conspiracy theories which are just the other side of insane (Quindell) and sometimes for letting bigotry or a blue mist overcome reality (Rangers FC). And that brings us to last week’s winning Bulletin Board Moron of the week.

Rob Terry, Quindell and the Bahamas Financial Criminals LOM Capital Part 2

Published 586 days ago

Yesterday I raised the issue of the Bahamas based market manipulators LOM Capital which had a 2.15% stake in Quindell after its RTO onto AIM on May 17 2011. Hat tip to a reader from the grim post-industrial Northern welfare safaris for taking this matter further but we are now left with new questions for the fraudster Rob Terry.

Camkids, China Chaintek and the joke that is AIM

Published 586 days ago

It seems like ages ago that the then Chairman of the London Stock Exchange, Mr Gibson Smith stared at me disdainfully at the police-state plenum-style AGM and in answer to my question as to whether having AIM was really worth the sweat, given its minimal contribution to Group profits compared to the colossal reputational damage it was wreaking, trotted out some feeble rehearsed platitudes about the importance of the AIM market, the quality of the Nomads, and lack of wholesale fraud in the AIM listed China-based community.

Rob Terry, Quindell and the Bahamas Financial Criminals – please tell us all Rob?

Published 587 days ago

So what was Rob Terry doing hooking up with the Bahamas based financial criminals back in 2011 when he floated Quindell (QPP)? Answers on a postcard to the Serious Fraud Office (SFO) I suggest.

Daniel Stewart – shares down 60% since placing 7 weeks ago – still 80% overvalued

Published 589 days ago

On 25 June POS AIM Casino stockbroker Daniel Stewart (DAN) raised £1.2 million issuing shares at 3.35p. The shares are now 1.35p to sell. That is a 60% loss. Ouch. But the shares should fall another 80% from here.

Life on Marbs Episode 4 - Quindell fraudster Jon Stretton Knowles gives slapper Jourdan an ultimatum (& an exclusive revelation)

Published 589 days ago

What you mean you missed epiosde 4 of the wost reality show in the history of TV, Life on Marbs? How could you? Because our boy Jon Stretton Knowles of the Quindell (QPP) fraud gang was again at centre stage. But before we go on I have a JSK revelation for you.

The 2015 AIM Awards October 8, ShareProphets translation Service

Published 590 days ago

On October 8th 1300 men and women in black tie and pretty frocks will gather for the annual AIM awards dinner in London. Seats cost c£150 each but who cares, it is you dear mug punters who are paying. The website is a hoot.

Slater & Gordon (Quindell) Cartoon from the Australian Financial Review sums it all up

Published 591 days ago

You'll need a subscription to downunder mag Australian Financial Review to read the story—an interview with Slater + Gordon chief John Skippen but here's the best part: the cartoon.

Imaginatik plc – more Rob Terry delusion

Published 591 days ago

Tom Winnifrith commented last week on the latest views from the ludicrous Rob Terry HERE. The following updates on Terry’s delusional view in relation to another AIM company he is trying to ramp shares in; Imaginatik plc (IMTK). Does he really expet to push the share price up?

Quindell & Cenkos together prove why AIM’s model must fail

Published 592 days ago

The Quindell (QPP) scandal keeps raining blows on AIM’s reputation, further calling into question how much longer this market can limp on in its current guise. At the heart of many long-standing complaints about AIM’s viability are concerns that the Nomad system of self-regulation is inherently flawed. AIM has never been able satisfactorily to answer how poachers can be expected to act as effective gamekeepers. The next revelations about the £5.4million worth of share payments Quindell made in early 2014 to its Nomad, Cenkos Securities, are hardly going to help.

Picking the Bones out of the Dead Carcass of the NIHL Parrot: Quindell and Slater & Gordon

Published 592 days ago

One of the things that jumps out from the 2014 Quindell (QPP) accounts was the candid level of disclosure about the NIHL business. Rob Terry and the rest of the committing fraud squad would never have given this much info. Schoolboy errors all round from the Newbies. Bearing in mind that previously the first anyone ever heard of this shit was the investor presentation in June 2014 and that which we at ShareProphets subsequently pulled to pieces, the starting point has to be the numbers of claims. 

Bulletin Board Moron of the Week – back again: this is fun

Published 593 days ago

Afren may be in administration but some Bulletin Board Morons see upside for the shares. Other morons want Chris Oil to join the board at Sefton while others regard the FCA and SFO enquiries into Quindell as good news for Rob Terry. Meanwhile Worthington news must be imminent but for the morons no news is good news while news will also be good news. You can’t make this stuff up. And so let’s have another contest this week, as the Victorians visited asylums to peer at the insane we marvel at the Morons in the LSE and ADVFN asylums. You can see the full variety of insanity from last week HERE - The winner of last week’s contest was Juicin Drumroll with this gem from the LSE Asylum:

Quindell and regulatory failure: an open letter to Business Secretary Sajid Javid MP

Published 593 days ago

This week’s disclosures by Quindell (QPP)  have shown conclusively that the gargantuan body of work which started back in April 2013 by ourselves and colleagues at ShareProphets was on the button. Along the way there were allegations of securities fraud, accounting fraud, VAT fraud, insider dealing, market abuse in what is simply a staggering litany of revelations. The evidence was passed to the FCA, AIM Regulation, the SFO and others in a series of submissions going back to April 2014. Yet the FCA and AIM Regulation utterly failed to act on the evidence handed over. The FCA took until June of this year to open an investigation – we rather suspect because of a me-too response, once it was known that the SFO was involved and that the Financial Reporting Council (FRC) had been looking at Quindell. AIM has yet to confirm any actions beyond a spot of belated flag-waving. 

Tom Winnifrith Bearcast - seeking distraction - I am disgusted with the stockmarket

Published 593 days ago

Two bad things today. West Ham kick off what is bound to be another season of Premiership disaster and more importantly my cat Tara seems to be very sick. Seeking distraction I read the Sunday financial press and feel disgusted, a sense of being made nauseous by the stench of corruption everywhere. Afren, Quindell, the financial press, it is tempting just to give up on shares. Is not the whole game rigged by the crony capitalists? It is not. But a lot of it is as I explain in this podcast. I end by explaining why my emails will go unanswered for days and twitter ignored almost completely for the next seven weeks. I have an urgent deadline.

AIM Regulation writes Xavier Rolet’s damning suicide note as the London Stock Exchange proves that it is unfit to run a bath

Published 593 days ago

I had a good chuckle at Ben Turney’s ShareProphets Translation Service piece (HERE) covering the formal statement issued by AIM Regulation regarding the biggest stock market fraud the UK has seen in thirty years, otherwise known as Quindell. I am not laughing now. Wednesday’s statement from AIM Regulation proves once and for all that it is just a sham designed to lure investors into a false belief that the LSE’s junior market is policed. It is a front, and an affront. 

Notes from Underground - When your girlfriend says go to the GP, go to the GP

Published 593 days ago

In the past seven days, 50,555 unique readers read 91,679 pages on ShareProphets. The circulation of the Investors Chronicle is c30,000. Shares is less than half of that. To our critics who think we do not count, we say think again. And here ae the ten most read stories. It is not just Quindell..

How Gotham City Saved Rob Terry from undertaking the biggest case of insider dealing in AIM History

Published 594 days ago

We all know about Rob Terry’s insider dealing in shares in November 2014 thanks to the shysters at Equities First Holdings. But that was small beer compared to the level of insider dealing had attempted to undertake in April 2014. His “get out of jail card” on that one came, ironically, from Gotham City Research.

Slater & Gordon – it’s the short sellers stupid!, Er but…

Published 594 days ago

With Slater & Gordon’s Chairman John Skippen noted to have described the due diligence on the company’s acquisition of Quindell's 'Professional Services Division' as “the most rigorous due diligence I have seen”, an Australian Financial Review article (as well as containing a bit disturbing, but brilliant cartoon) has reviewed why all the fuss? (see HERE) Is it all about “rumourtrage” and short-sellers? Er…

Quindell - a 363 day old video - how bang on the money in light of SFO & other news

Published 594 days ago

On Wednesday 5th August 2015 Quindell (QPP) fessed up to all sorts of frauds and the SFO admitted that it was starting a criminal investigation. In light of that I bring you two videos which shows some of us were way ahead of the game, and we are not talking about the oxymoron that is AIM Regulation here. The first is from August 5th 2014

Wake up Lord Michael Howard of Quindell: Ingenie & Himex are worth jack shit – so say its staff!

Published 594 days ago

In the results last week from Quindell (QPP) Lord Michael Howard and colleagues wrote down the carrying value of its two largest legacy businesses Himex and Ingenie by c£38 million but there is still almost £90 million of goodwill in the balance sheet for these divisions plus Solutions (non UK), i.e. Canada.  Lord Howard you are dreaming. You are 'avin a bubble.

Quindell plc – 2014 results review part 2: the state of play now…

Published 594 days ago

I previously updated on some of the damning litany of the past the 2014 results RNSs from Quindell plc (QPP) detailed HERE. The following looks at the state of play now…

Evil Knievil agrees with fraudster Rob Terry on Quindell …and is just so wrong

Published 595 days ago

Bear raider Evil Knievil yesterday announced that he had bought shares in Quindell (QPP) and claimed that the stock was worth 150-180p – his valuation is not that much different from that of the fraudster Rob Terry who has a 172p target. Both are talking complete and utter bollocks.

Rob Terry Not to float Quob Park (wonder why?) and more ramping of Daniel Stewart

Published 595 days ago

The fraudster Rob Terry of Quindell (QPP) infamy is a busy guy as he prepares for the inevitable dawn raid by the Serious Fraud Office as a precursor to a trial and a custodial jail sentence. His latest posting on the website of his new vehicle Quob Park is quite simply delusional.

Zak Mir's Bulletin Board Heroes - Advanced Oncotherapy, Premier African Minerals, Quindell, Sound Oil, UK Oil & Gas

Published 595 days ago

Featuring Advanced Oncotherapy (AVO), Premier African Minerals (PREM), Quindell (QPP), Sound Oil (SOU), UK Oil & Gas (UKOG)

Slater & Gordon - desperately seeking (and failing) to reassure

Published 596 days ago

Following the acquirer of Quindell's (QPP) 'Professional Services Division', Slater & Gordon (SGH), announcing that it had been notified that the Australian Securities & Investment Commission “intends to raise some queries” and that, having commenced a detailed analysis of the financial information to be provided to the Commission, two errors in the method used to report receipts from customers and payments to suppliers and employees by the UK business had been identified, we again warned on the shares (see HERE). The following updates with them now falling towards $3 following Quindell’s results release and news of a Serious Fraud Office criminal investigation...

Zak Mir's Great Request Show for fraudster Rob Terry: Daniel Stewart, Imaginatik, Slater & Gordon

Published 596 days ago

If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at Daniel Stewart (DAN), Imaginatik (IMTK), Slater & Gordon (SGH), three stocks associated with the fraudster Rob Terry of Quindell (QPP) infamy.

The Great British Entrepreneur awards con – roll up Aiden Earley, Rob Terry and Jon Stretton Knowles of Life on Marbs (episode 3 now live)

Published 596 days ago

Do you want to win an award as an entrepreneur? Shimples Sheeples, Aiden Earley of Worthington Group (WRN) is here to help. Might I suggest that the Great fraudster Rob Terry of Quindell (QPP) and his old pal Jon Stretton Knowles of Life on Marbs and the Quindell fraud sign up right away.

Rob Terry welcomes Serious Fraud Office Criminal Investigation into Quindell. Yeah right

Published 596 days ago

I shall admit that the old fraudster has chutzpah but he has today welcomed the SFO Criminal Investigation into Quindell (QPP). He should not as it will see him going to prison. Anyhow via his new fraud Quob Park Estates he had today said he sees Quindell shares worth 172p (in your dreams my son), accused me (0p target) of being short when I was not (that is defamation your criminal tosser) and said he welcomes the SFO getting involved (that’s a lie).  The statement from the crook reads: 

BREAKING Serious Fraud Office confirms it is investigating Quindell

Published 597 days ago

We have been telling you this for months but the Serious Fraud Office (SFO) has just announced that it is investigating Quindell (QPP). Oh dear Rob Terry perhaps not a day for dropping the soap jokes is it?.

Quindell – failure to back up legal threats was the surest sign of guilt

Published 597 days ago

At the start of last September, Quindell (QPP) proudly trumpeted its court “victory” over Gotham City Research. As Tom Winnifrith repeatedly warned the company’s shareholders, this “victory” was a hollow sham. By taking proceedings out against US-based Gotham there was no chance any judgement could ever be enforced. This is why Gotham didn’t try to defend itself. Of course, what Quindell was far less keen to talk about was why it didn’t launch similar proceedings against a certain vitriolic (and now entirely vindicated) blogger…

Quindell: the biggest stockmarket fraud for 30 years, it 'fesses up - Tom Winnifrith Bearcast part 1

Published 597 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, Jon 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.

RNS Translation Service – AIM Regulation on its epic failure to regulate the Quindell fraud

Published 597 days ago

Someone at the London Stock Exchange has clearly broken out the cattle prod today and abruptly woken the AIM Regulation Team from its deep slumber. Wonders will apparently never cease, as AIM Regulation has actually bothered release an announcement concerning its miserable failure to regulate Quindell (QPP). Those in a more charitable mood might say “better late than never”, but we strongly doubt there will be many long-term shareholders in this group. ShareProphets’ handy translation service now fills in the gaps of what should have been an apology to all those caught out by this fraud.  

Quindell Results Out - Bearcast from Tom Winnifrith part 2: what next for Quindell & Slater & Gordon Shares

Published 597 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.

 

Quindell pays another C$2.5 million to paper over the $7 million Biosign fraud – shame on you Lord Michael Howard

Published 597 days ago

We broke the news of the fraudulent reporting of transactions between Quindell PLC (QPP) in the era of Rob Terry, and Canadian near bankrupt penny stock Biosign on this website 200 days ago – today Quindell has blown C2.5 million to paper over this embarrassing mess.

Bulletin Board Moron of the week – you asked it's back

Published 600 days ago

In response to reader requests it is back, the all new Bulletin Board Moron of the Week. The ramblings of deranged blogger California Joe are barred to give all other morons a fair chance but any other BB Post or tweet which shows the sheer stupidity of some AIM Casino punters is eligible. Tweets by David John Hopkins or David Lenigas are eligible. We suggest that Sefton threads might prove happy hunting grounds this week although Afren, Worthington, Daniel Stewart and Quindell threads usually throw up some loons.

Notes from Underground - It is. Are you?

Published 600 days ago

Looking at this week's top 10 actually made me laugh: five stories out of the top 10 were about Brokerman Dan's (now long past and regretted) days as an armed robber. Stories how ShareProphets tracked down the information. Stories about Brokeman Dan's silly associates. Stories making fun of the whole story. All good, hard earned, enterprising journalism.

Rightster, becoming more of a Wrongster every day – cash call ahoy? Tell us about the hidden tax bill

Published 600 days ago

Floated on the AIM Casino at 60p in November 2013, shares in Rightster (RSTR) now trade at 13p-17p but worse is to come as last week’s trading statement DIDN’T make clear.

Tom Winnifrith BearCast 2nd August - a dying and snearing deadwood press, interest rates and Wandisco

Published 600 days ago

My father is at Church and the the pub and so I am able to record a quick podcast covering three themes. First the snearing and dying deadwood press - something prompted by THIS. Then interest rates. And then Wandisco. For more on Wandisco, as mentioned in the bearcast, and on many other matters including why Rob Terry of Quindell (QPP) infamy will go to prison, read the latest Uk Investor Show magazine out this weekend HERE

Lord Michael Howard of Quindell – assisting a second Serious Fraud Office Investigation – Soma Oil & Gas

Published 600 days ago

Oh dear, Oh dear, poor old Lord Michael Howard, the former Tory leader, does not seem to be having terribly good luck with his Non-Executive Directorship career. To stumble into one Serious Fraud Office investigation (Quindell) might seem unfortunate. To stumble into a second (Soma Oil & Gas), which was announced yesterday, seems like carelessness.

Life on Marbs with Jon Stretton Knowles of Quindell Fraud fame - Episode 2 Highlights

Published 603 days ago

Jeepers this is awful. How I suffer for you dear readers in watching this utter shite where the entire cast appars to have a collective IQ of less than 100. Anyhow in episode two John Stretton Knowles, the owner of the original Quindell (QPP) Country club as a result of the fraudulent Skylarks deal, is getting ready to launch his new business.  I can spare you some pain.

Quindell fraud groupies - set your alarms for 9 PM Tonight - Life on Marbs is on, designer vaginas and all

Published 604 days ago

Ok, a series where one of the stars discusses how she has a designer vagina may not be everyone's cup of tea but that is life on ITV's new reality show Life on Marbs. And Quindell fraud junkies should set their alarms for 9 PM tonight when the next episode goes live, staring Jon Stretton Knowles.

The great multi-year Swinton deal with Quindell ..er it’s all off says Slater & Gordon: more questions for Rob Fielding

Published 606 days ago

Last December I speculated that the biggest insurance partner of the fraud Quindell (QPP), Swinton, was set to cancel its arrangements. On 10th December newly appointed CEO Rob Fielding gave my critics much joy as he announced a new multiyear deal. Oh what a prat Winni is.  The shares surged higher. Oh dear, the deal does not look to be multi-year at all unless 1+ 0 = 2 in the same way that 2+2 can = 5. 

Notes from Underground - When Irish eyes are smiling

Published 607 days ago

In the past seven days, 42,864 unique readers read 77,162 pages on ShareProphets. The circulation of the Investors Chronicle is c30,000. Shares is less than half of that. To our critics who think we do not count, we say think again.

Breaking: Lenigas Cuba raising £3 million at 2p TODAY, ahead of 5p IPO but not on AIM

Published 610 days ago

And we are off again with the next Big Dave Lenigas fund raise. This time it is Lenigas Cuba where books will close on Friday on a pre IPO funding raising £3 million (or a bit more) at 2p. Heck I know I’m on sabbatical but I thought I’d share this scoop with you.

Life on Marbs starring Jon Stretton Knowles (star of the biggest stockmarket fraud for 30 years) goes live

Published 610 days ago

The quite dreadful new TV reality show Life on Marbs went live with episode one tonight. Its star Jon Stretton Knowles is of course a critical figure in the biggest UK stockmarket fraud of the past 30 years, Quindell. Its shares are 80% down and now suspended with investors having lost billions and the Serious Fraud Office, FCA and others are investigatng. No doubt JSK will be having a chat with the Old Bill soon. In case you missed the debut show...

Daniel Stewart & Quindell: same ramper, same lunatic shareholders, same harassment of critics – same end game

Published 613 days ago

Last week I had a feeling of déjà vu – it was the Quindell summer all over again. The harassment had begun and I was wondering why.

So what is Quindell really worth? Probably not 0p but it could be

Published 613 days ago

Shares in the biggest stockmarket fraud for 30 years, Quindell (QPP), are currently suspended at 124p valuing it at around £625 million on a fully diluted basis. But what is it actually worth? Some brokers are marking it down to 0p because of the suspension but it is probably not worth 0p – thanks to the folly of the Aussie prats at Slater & Gordon – but it might just be.

Notes from Underground - Caledonian sleeper

Published 614 days ago

In the past seven days, 45,424 unique readers read 81,517 pages on ShareProphets. The circulation of the Investors Chronicle is c30,000. Shares is less than half of that. To our critics who think we do not count, we say think again.

Resisting the Temptation to Gloat. Who is Next? Avanti Communications?

Published 615 days ago

I am not a great one for gloating, but as I head off for the summer holiday, it is with a certain satisfaction that I note that four of the stocks that I have covered extensively here over the last year are currently suspended.

The new ITV reality show Life on Marbs starring a star of the Quindell fraud – Jon Stretton Knowles

Published 618 days ago

From the makers of the truly appalling The Only Way is Essex (TOWIE) we have a new reality show out this summer Life on Marbs.  Set in the Costa del Crime it features a bunch of men and women whose aim is to shag anything that moves, and who all appear to be rather light in terms of the little grey cells. And its big star is John Stretton Knowles, who may well soon be chatting to the Serious Fraud Office about his role in the stockmarket’s biggest fraud for 20 years – Quindell PLC. Not that ITV seems to know about that.

Slater & Gordon: Risk Of Sub $3 Despite All The Recent Carnage

Published 619 days ago

I was determined to look on the bright side on Slater & Gordon, or at least stick my head in the sand – metaphorically speaking of course.  This is of course the Australian cousin of Quindell (QPP).

Slater & Gordon – update as hopefully warning was heeded - it is going to get worse

Published 619 days ago

First the polite Steve Moore, the rather more brutal TW to follow. SM: Towards the end of last month I noted that as Quindell plc (QPP) had been in the news, the acquirer of its Professional Services Division, Slater & Gordon, had been in the spotlight in Australia – S&G eventually admitting that the Australian Securities & Investment Commission had been in contact with its auditor, though that “we remain very confident in the robustness of our accounting practices”. Hmmm…

Laurence Moorse of Quindell – why you should plea bargain 2: the case of Mark Woodbridge of Torex

Published 621 days ago

Earlier today I cited the case of AIT and its FD Gareth Bailey as a reason why disgraced Laurence Moorse the ex FD of the fraud Quindell should rat on Rob Terry and plea bargain. I now bring to the attention of poor Larry, the case of Mark Woodbridge the ex FD of fraud Torex Retail. 

Laurence Moorse of Quindell – why you should plea bargain 1: the case of AIT

Published 621 days ago

The former FD of Quindell (QPP) Laurence Moore probably made less than a million quid after tax from the fraud. His boss Rob Terry made at least £30 million. Yet poor Larry is like Terry facing wipe-out fines and a good stretch as a guest of Her Majesty. I have urged him before to rat on Terry and the other big crooks to reduce his personal discomfort (think of the showers, Larry) but I now invite him to consider the case of AIT and its FD Gareth Bailey and to think again.

Notes from Underground - Giz us a raise

Published 621 days ago

In the past seven days, 48,645 unique readers read 87,657 pages on ShareProphets. The circulation of the Investors Chronicle is c30,000. Shares is less than half of that. To our critics who think we do not count, we say think again. And this is what you are reading with Greece & Quindell at the fore

Optimal Payments and Cloudbuy – nervous moments as EFH margin calls loom

Published 622 days ago

Last year Optimal Payments (OPAY) was forced to come (semi) clean over a loan package between its CEO, Mr Joel Leonoff, and Equities First Holdings LLC (EFH). Optimal originally told that market on 1 April 2014 that Mr Leonoff had pledged 1.5 million shares in the company as collateral for a loan of approx. £4m, but failed to mention a few details such as the non-recourse nature of the package and that EFH was free just to dump the stock into the market. This did not become clear until it was exposed on ShareProphets last autumn and resulted in a number of clarifications from Optimal, along with AIM-listed Igas (IGAS), Cloudbuy (CBUY), Quindell (QPP), IQE (IQE) and Angle (AGL). 

Tom Winnifrith BearCast Special: fraudster Rob Terry and the Quob park NAV con

Published 625 days ago

Nigel Somerville penned an excellent piece yesterday on Quindell founder Rob Terry's new fraud Quob Park and its confetti issues as it claims to grow its NAV. In this podcast I explore that further and have a number of questions for the fraudster Terry about how he is managing this vehicle. Needless to say its shares should not be touched with a bargepole.

Breaking: Rob Terry’s Quob Park Estate Ltd: a confetti-fest on Companies House

Published 626 days ago

I’ve been taking a look through a litany of share allotments by Quob Park Estates (QPE) recently filed at Companies House. Happily, we can now do these things for free (see HERE). I wonder who has been buying QPE shares, and why the variation in prices paid for the same stock on the same day? It also happens to involve listed stock in Quindell plc (QPP) and Daniel Stewart (DAN) and a mystery listed company (although I can’t help thinking that it is probably Quindell). And there is some, ahem, ‘interesting’ timing. 

Breaking: Lord Michael Howard – is this another Rob Fielding brown envelope fraud for you to check out? Quindell Financial Services.

Published 626 days ago

Now that Lord Michael Howard and I are such good mates I wonder if the ex-Tory leader would like to comment on the status of Quindell Financial Services as I have a horrible feeling that this may be another fraud involving ex CEO Rob Fielding.

Notes from Underground - Vote Ouzo

Published 628 days ago

In the past seven days, 49,934 unique readers read 89,803 pages on ShareProphets. The circulation of the Investors Chronicle is c30,000. Shares is less than half of that. To our critics who think we do not count, we say think again.

Covering up fraud is complex and the paperwork can catch up on you – Quindell & Rob Fielding

Published 628 days ago

In order to create the momentous fraud that was Quindell (QPP), Rob Terry established 191 subsidiaries. Most traded with each other. Some were issued with Quindell shares which they then dumped to allow them to “buy” bogus services from other Quindell companies. Monies were borrowed and lent so that by late 2014 even Quindell could not keep track of what was going on.

Tom Winnifrith Bearcast - 5 July: Greece, China, Quindell & house prices

Published 628 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.

Bulletin Board Reality Denier of the Week Contest – Quindell, Afren or Worthington?

Published 628 days ago

A special class of Bulletin Board Moron is the denier who insists that is what is patently bad news is in fact good news. The suspension of trading in shares in Quindell and an SFO/FCA probe? Yup according to the Quindell Echo that was – on balance good news. Worthington no news is good news if you are a denier. As for Afren, possibly bankruptcy well that is a buying opportunity for the denier.

David Lenigas Saint or Serial Sinner, Quindell worth 0p? and is now Gold’s moment?

Published 628 days ago

The July edition of UK Investor Magazine went live last night. It is free to access and the cover story is “David Lenigas, saint or serial sinner” – a joint effort by myself and the Sith Lord Zak Mir. There are a couple of company profiles, three stocks to buy and three to sell. One of those is Quindell which really could be worth 0p again! And there is more…

Quindell & the TMC fraud that created 140% of stated 2011 profits – much more for Lord Michael Howard to consider

Published 629 days ago

The most blatant and biggest (in relative terms) fraud at Quindell (QPP) concerns the TMC Southern panama pump which created 140% of the reported Quenron profits in the 15 months to December 31 2011. Lord Michael Howard has confirmed that the new board is aware of this monster fraud as are the SFO and FCA and other regulatory bodies. But to demonstrate the duplicity involved I bring you more detail.

Tom Winnifrith Smoking Guns Bearcast from Athens - July 3rd

Published 630 days ago

I start this podcast with a few developments on the ground here in Greece - tonight sees two mass demos which I shall be attending and reporting back on. Then it is on to Phorm, Provexis, Ubisense, Jiasen ( smoking gun located?) and the other China Norfolks, Netcall and Cenkos where conversation naturally turns to its role in the Quindell fraud and what the fallout will be.

Tom Winnifrith Bearcast 2 July - Jiasen pull the other one you frigging Norfolk

Published 631 days ago

What a great day. Lord Michael Howard tightens the noose for Rob Terry and the Quindell (QPP) fraudsters HERE and then China fraud Jiasen says there is no reason for its share price fall. Er...I think we can all think of one can we not? Then on to JQW, China Chaintek and Camkids - watch out fella's the Sheriff of AIM is gonna get you. Ditto Phorm which is next up followed by Iofina. there is comment on Premaitha. Then onto how I dont take bribes from companies to write nice things either directly or via UK Investor Show as a Northern slum dweller seems to think. Finally there is an expose of the POS that is CIC Gold and on the scumbags behind it.

BREAKING: Lord Michael Howard responds re Quindell – the board is now looking at 2011 fraud TMC Southern

Published 631 days ago

Over the past two days I have written twice to Lord Michael Howard, the former Tory leader and now NED at Quindell pushing him to investigate the biggest (relative to reported profits) fraud in Quindell History, the 2011 TMC Southern panama pump. And today the good Lord has replied – the board is on the case! Hooray. The latest exchange of emails between myself and Lord Howard, a politician showing real integrity is below:  

ATE: A New £75 million or more headache for either Quindell or Slater & Gordon

Published 632 days ago

Oh dear, it seems as if the NBF’s of Quindell PLC, the FCA, are now investigating another huge misselling scandal in the legal profession and that as a result of this – and work being done by the SRA – either Quindell PLC or Slater & Gordon could be picking up a bill for £75 million or more. It never rains…

Lord Michael Howard – will you force Quindell to come clean on its biggest fraud, the 2011 accounts, I ask again

Published 632 days ago

In an infamous Jeremy Paxman grilling (see below) Lord Michael Howard had to be asked twelve times to answer a very simple question. Yesterday I asked the former Tory leader a very simple question. A grubby ex politician seeking well paid post career sinecures might not answer but I hoped for better from the good Lord. So far I have not had a response. And so I have penned a second letter as you can see below.

A letter to Lord Michael Howard regarding Quindell’s 2011 Results – the biggest fraud of all

Published 633 days ago

Former Tory leader Michael, now Lord, Howard recently joined the board of Quindell (QPP) as a non-exec. The man is actually a Ned at about half a dozen little companies but I am sure that he is not a grubby ex politician using his good name to make a few bob in retirement but actually wants to help these companies move forward. And in that vein I have today written to him about the biggest – proportionate – fraud at Quindell, the 2011 accounts.

Quindell's pals: Slater & Gordon shares crash as it admits to its own accounting “errors” with additional comment

Published 634 days ago

Slater & Gordon, the Aussie law firm that grossly overpaid to buy the bulk of the fraud Quindell (QPP) has seen its shares crash by 25% to just A$3.78 today as it has admitted that it too has accounting “errors”. The stock traded at A$7.95 on the day it announced the Quenron deal…We told you that the short trade had just moved on…

Tom Winnifrith BearCast - 29th June

Published 634 days ago

Oh happy days, oh happy days. Firstly my daughter turns 14 today. Born at just 1lb 4 oz she was a miracle baby and has turnd into a cracking young lady. Secondly the Slater & Gordon/Quindell mess gets messier by the day. Lube up Rob Terry, B Wing awaits. And then I move onto Greece and China to equity market valuations and then on to Progility, HSS Hire and Lamprell.

Rob Terry, Quindell, the Serious Fraud Office and Slater & Gordon – and accounts delayed again

Published 634 days ago

I have known for months and months and reported it here that the Serious Fraud Office had at least interviewed folk on Quindell (QPP). The weekend press suggests that the SFO is now formally on the matter, something that has massive implications for insider dealer and fraudster Rob Terry, Quindell and possibly for Slater & Gordon. This comes on a day when Quindell warns that its accounts will be delayed – oh dear, oh dear. 

Notes from Underground - Golden Anniversary

Published 635 days ago

In the past seven days, 54,254 unique readers read 100,575 pages on ShareProphets. The circulation of the Investors Chronicle is c30,000. Shares is less than half of that. To our critics who think we do not count, we say think again.

Brokerman Dan – An Apology and a Comment or Two

Published 635 days ago

Brokerman Dan feels that this website has slighted him in suggesting that after a flurry of bullish tweets on Sefton Resources (SER), he and his little friend Chris Oil sold their shares last week. Dan Levi insists they have sold none. Okay.

The FCA and Quindell - a regulator’s credibility shot through

Published 635 days ago

I am reminded of an old story – I think as told by Alan Coren on the BBC Radio 4 show, The News Quiz – of a man who called the police in the dead of night to report that there was a burglar in his garden shed stealing his tools. He was told that there wasn’t much could be done about it as there was nobody available to attend. A few minutes later the man phoned back to say that it was alright now, because he had shot the intruder. Within minutes his house was crawling with armed police and helicopters swirled the sky above. The burglar was arrested, unharmed. Afterwards, the police chief said to the man ‘I thought you said you had shot him’. The man replied ‘I thought you said there was nobody available to attend’.

We act for Quindell PLC and Mr Robert Terry its chairman - the first fascist lawyers letter I ignored

Published 636 days ago

On 19 August 2014 Quindell (QPP) put a statement up on its website about someone it dismissed as a "blogger" accusing me - for it was me - of making it all up and promising shareholders that it would take legal action against me. A truly fascistic lawyers letter (in full below) from legal eagles Dorsey & Whitney arrived the same day. It demanded that by 4 PM that day (ie within hours) I must withdraw all artices, sign an apology drafted by Quindell and that if I did not that Quindell would seek an injunction and sue me for damages and costs. Fuck you Quindell, Robert Terry and Dorsey & Whitney, see you bitchez in court.

Spot the Difference Competition: Quindell and Quob Park Estates - The Rob Terry scams

Published 636 days ago

An easy spot the difference competition for the weekend. I give you the logos of AIM listed Quindell and the new Rob Terry fraud Quob Park Estates. Can you spot the difference? Enlighten us in the comments section below. My entry is:

Rob Terry up to his old tricks at Quob Park - Reader Expose of the Day

Published 637 days ago

Leopards do not change their spots and neither does Rob Terry. His business career shows a consistent pattern of fraud. And now - before he is sent to prison - he is playing with other folk's cash once again  at Quob Park. Congratulations to ShareProphets reader Showtime for this post which explores a bit of what the old crook is up to.

In light of FCA enquiry into Quindell will the Fascist Lawyers of Schillings apologise to me? Here's their letter

Published 637 days ago

In light of the recent news about internal, FCA and SFO enquiries into Rob Terry and Quindell (QPP) I was wondering if all those who threatened, smeared and bullied me for exposing this fraud would care to apologise? The most fascistic lawyers letter I got was from the top libel firm of Schillings as the fraudster and insider dealer Rob Terry spent £750 an hour -of shareholders cash - to try to shut me up. That letter can be read below.

IT Factory; fraud does happen, auditors get deceived, CEOs do go to jail, why Quindell shareholders should be worried

Published 637 days ago

Last November I wrote an article about a little known Danish software company, called the IT Factory. UK investors probably have never heard of this company, but if you are a Danish investor, you most certainly have. The IT Factory is Denmark’s most serious fraud case.

Breaking Exclusive: Oh Dear – more bad news for Quindell, YLF class action ups the ante today

Published 638 days ago

Oh dear, poor old Quindell (QPP). Following news of the FCA investigation and additional internal checks on Rob Terry’s accounting fraud, I can reveal that those plan ing a class action have now appointed a top barrister as they prepare to lodge a claim. This is an additional threat to the special dividend this fraudulent company had promised. 

Tom Winnifrith Bearcast 25 June - is Malcolm Stacey Getafix?

Published 638 days ago

I keep having this odd image of Malcolm Stacey. He lives among the heathen celts of Wales and is a self confessed money tree worshipper, an older man with white hair - he is Getafix, the druid from Asterix the Gaul. Getafix heads off into the woods with his sickle to hack away mistletoe to make potions. Malcolm heads off into the woods to hack away at the money tree and then brews up a potion.

The ShareProphets Experience Goes from Strength to Strength.

Published 638 days ago

It’s not easy being an optimist on this sumptuous site. I am supposed to be surrounded by miserable shorters, who need to be pessimistic by the very nature of their calling. But the fact is that only few shorters write for ShareProphets. And when they do, they make their position very plain, so that you can take what they say with a pinch of salt.

Time to get behind ShareProphets

Published 639 days ago

When I returned as editor of ShareProphets at the start of the month a lot of people questioned why I would want to associate myself with this corrupt nest of shorters (or words to that effect). Today’s RNS from Quindell (QPP) has more than answered those doubters. This website does excellent work. No-one else ventures into the darker recesses of AIM in the way our intrepid contributors do. This market is in desperate need of reform and if a move towards that end ever gains momentum I fully expect us to be at its vanguard.

Tom Winnifrith Bearcast 24 June it is ouzo o'clock all day

Published 639 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

Slater & Gordon – as Quindell is in the news here, S&G takes the spotlight in Oz

Published 639 days ago

As Quindell plc (QPP) is in the news HERE, the acquirer of its Professional Services Division, Slater & Gordon, has been in the spotlight in Australia…

Rob Terry under FCA investigation caption contest

Published 639 days ago

Feeling 150% vindicated over the Quindell fraud the first celebratory ouzo beckons and in that vein let's have a Rob Terry caption contest just for fun. Simply post your captions for the picture below in the comments section.

The fraudster Rob Terry comments on FCA investigating Quindell - ShareProphets Translation service

Published 639 days ago

The FCA is now investigating Quindell and Quindell itself is reviewing some of Rob Terry's dodgy deals. Terry should lube up and prepare for prison as explained HERE but instead the POS has issued a statement via his new fraud vehicle Quob Park which we translate for your benefit.

Quindell shares suspended, FCA investigation, Tom Winnifrith "I'm 100% vindicated" - for Rob Terry prison beckons

Published 639 days ago

Shares in Quindell (QPP) have today been suspended on news that the FCA is now formally investigating and that Quindell itself is now investigating a host of other fraudulent related party transactions over and above the over-statement of profits. The fallout for Rob Terry, Quindell shareholders, ex CEO Rob Fielding and the other crooks in the cabal will be massive. Jail beckons for some. Daniel Stewart is in the merde as Quob Park will unravel. For me I am now 100% vindicated. Or as Rob Terry would have, it 2+2 = 150% vindicated.

Imaginatik & Quob Park Estate ( aka fraudster Rob Terry) - check out Twitter

Published 641 days ago

In the disgusting and sordid  depths of the AIM Cesspit, the Kingdom of fraudster Rob Terry of Quindell (QPP) infamy the lastest minnow in the headlights is Casino listed Imaginatik (IMTK) - shares in which are up 41% at 8.125p, valuing it at £5.7 million. To see the true Terry stench check out twitter.

Notes from the Underground - Paris Edition

Published 642 days ago

This edition of Notes from Underground has been compiled from Paris, where your ob't servant writes from the finest two-star hotel in Marais. It is nothing if not convenient - need the lavatory? It's right there at the end of the bed. And who really needs enough room to stand in the suite and open the closet door at the same? We're not Marie Antonette.

AIM - The Crony Capitalists, the Press, the backslapping continues - I vomit

Published 644 days ago

Rob Terry and his latest Quindell missive, the latest Sefton farce, the China frauds, the sheer level of mendacity, greed and corruption on the AIM casino is at a level which I cannot remember but the authorities do sod all and all the time the Private Investor gets screwed. This week AIM celebrated its 20th birthday and its allies in the crony capitalist cabal on Fleet Street lapped it up. I am sorry to say that my old pal Geoff Foster of the Daily Mail penned a vomit inducing piece HERE which needs "fisking"

Breaking: Rob Terry accuses Quindell board of hiding facts & destroying value - slashes value for shares

Published 644 days ago

Quob Park Estates the new vehicle of Mr Robert Simon Terry of Quindell infamy has just released a "research report" overnight on Quindell (QPP) which accuses the new board of hiding facts - most notably of hidden share options and staff departures - but also of destroying shareholder value in the businesses that remain. It also discloses that Quob Park has sold all its shares in Quenron though it argues that the group is still worth 172p (down from 210p). The document also tries to rewrite history. The sham of a note is below.

Special deal from the Times: Only £2 per week for 48-hour old news

Published 645 days ago

This is starting to become a regular occurance: ShareProphets prints a scoop; then time for lunch, dinner, a nice night at the pictures then bed, then a leisurely breakfast, a quick lunch, a long boozy dinner, and an early night in go by - and finally the Times comes out with its story.

Daniel Stewart says no reason for share price rise - it lies, the reason is fraudster & insider dealer Rob Terry is ramping the shares ...and also Quindell

Published 647 days ago

Daniel Stewart (DAN) has today been forced to say that it knows of no reason for the increase in its share price and to warn that it's bailout £1 million funding will be at a discount to the current share price. Daniel Stewart lies. The reason the shares are heading to more luducrous levels is that Rob Terry, the fraudster and insider dealer of Quindell (QPP) and The Innovation Group (TIG) infamy is ramping the shares and here is the email that proves it.

Notes from underground - Quindell's chocolate rations have been raised from £6 to £1.30

Published 663 days ago

Now here in the underground, we merely stoke the ShareProphets boiler - sourcing frigana poisons for Tom, inventing new Technical Analysis terms for Zak, flipping coins for Ben's opinion of the day, and oilling up Malcolm for his next Mr Cornwall bodybuilder defense - we serve the machine, but don't provide comment on the markets.

Tom Winnifrith BearCast 31 May

Published 663 days ago

In this podcast I start with a look at Quindell - how much money does it really have to spend? Then onto Greece as per the article earlier HERE - this country faces a debt bomb but also a demographic timebomb as I explain. Finally this is the last day of doing a bearcast every day. I shall try to do 3-5 a week but am officially on sabattical as of midnight as I explain HERE

Tom Winnifrith: I'm on sabbatical - "flip Flop" Ben Turney is in charge

Published 663 days ago

As of midnight "flip flop" Ben "pitchfork" Turney will be editing this website as I am on leave for the next six to nine months. Let me explain.

Tom Winnifrith Bearcast - 29th May

Published 665 days ago

In today's bearcast I can't help but look back as the Evil Empire's 2014 accounts come to light. Then I move on to a few other favourites Quindell ( vindicated), Coms (vindicated) and Sefton (vindicated). A hat-trick of wins on a day when I deposited cash in a Greek Bank. More on that later.

 

The Quindell deal has been a disaster for Slater & Gordon - Here are the maths

Published 665 days ago

Short Slater & Gordon has been a cracking trade ever since it announced the purchase of Quindell Legal Services. For British bears the weakening of the overvalued Aussie Dollar has been a bonus. The maths are shocking ( and of course will get worse as the various Quindell frauds unravel). 

Notes from underground - Great White North

Published 677 days ago

The most satisfying link on this week's Top Ten is Sajid Javid replacing Vince Cable as business secretary. The morons spent a lot of energy a) attempting to get Javid to drop his UK Investor Show introduction (he resolutely did not) and b) cheering on Vince Cable's lame attempt to pander to Quindell's victims. The howling could be heard over here in rural Ontario.

Quindell - Given the Your Legal Friend Litigation (now proceeding) can it pay a dividend?

Published 679 days ago

The "Your Legal Friend" Group Litigation is now going ahead. It is now seeking formal signatories to press a claim and any Quindell (QPP) shareholder who has lost money investing in the fraud can sign up and try get their money back HERE - but this now raises a question as to whether Quindell's board can pay out the special c110p dividend it promised?

Exclusive Zebra news: Another reason to short Slater & Gordon post Quindell deal

Published 681 days ago

I am 100% sure that the reason Slater & Gordon boought Quindell (QPP) is because the Oz firm is going ex growth. It overpaid in order to justify its own ludicrous valuation. Now if you need evidence of what a total pup it bought, a source close to Zebra has contacted me at the hovel.

Table of shorted AIM shares - 01/05/2015

Published 683 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the shorted AIM shares (by net short position %) and if this position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE

Sajid Javid MP front runner to replace crazy Vince Cable – what delightful Quindell irony

Published 684 days ago

The highlight of the election was seeing Vince Cable, the man who has predicted 17 of the last 4 recessions lose his seat. What joy that brought. My cheers could be heard across Kalamata Bay as crazy old Vince was soundly thrashed in Twickenham. Of course it is personal.

Daniel Stewart gets a Nomad but even Fatty Cornish draws a line with toxic Rob Terry

Published 685 days ago

Nomad Beaumont Cornish, run by Roland “fatty” Cornish may act for China fraud Gate (GATE) and have covered himself in opprobrium over New World and Digital Learning (see HERE) but even fatty draws the line somewhere and that is over getting involved with Rob Terry of Quindell infamy.

A Question for AIM Regulation ahead of LSE AGM: Is Rob Terry Lying or are you useless?

Published 696 days ago

At the AGM of the London Stock Exchange (LSE) tomorrow, Lucian Miers, Nigel Somerville and others will be quizzing it over the lack of regulation on its in house casino. I refer to AIM. So here is something I might ask and it comes from the fraudster and insider dealer Mr Robert Terry, formerly of Quindell.

Table of shorted AIM shares - 17/04/2015

Published 696 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the shorted AIM shares (by net short position %) and if this position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE

Notes from underground - Kill your darlings

Published 698 days ago

In the week since the UK Investor Show, what have we learned a number of things - meanwhile this website continues to draw in the crowds and this is what you were reading last week

Video from UK Investor: The Sheriff of AIM on death threats, Rivington, Quindell, fraud and more

Published 699 days ago

This was the session at UK Investor Show I enjoyed the most: Tom Winnifrith as the Sheriff of AIM interviewed by Amanda van Dyke, Nigel Somerville and Malcolm Stacey. Very straight talking on mistakes, on Rivington, on Jim Mellon, on the death threats, on fraud on Quindell and on much more.

The London Stock Exchange...I’m coming for you on April 29...calling the peasants to arms

Published 702 days ago

On April 29th the London Stock Exchange (LSE) holds its AGM and this is a call to arms to all you peasants out there, that is to say ordinary decent private investors who have been shafted and screwed by the way that the LSE has mismanaged AIM turning it into a crime infested casino. It is time to hold the Board of the LSE to account.

The top 20 single net short positions in London - 10/04/2015

Published 703 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the 20 highest single net short positions and the changes (red if short increased, green if reduced) since a previous analysis HERE.

Bulletin Board Moron of the week Competition 16

Published 706 days ago

By popular demand it is back. As ever the rules are simple. Filthylucre and Bananabob cannot post their own comments on this website as entries as they are just too good. But any other comment on a Bulletin Board or twitter is eligible. The most ludicrous or idiotic statement wins.

Tom Winnifrith UK Investor BearCast - Let's be angry

Published 707 days ago

I have spent a good night with bloggers and Bulletin Board posters at Free Speech & Liberty. Now to UK Investor show. As investors we should be very angry. I discuss how that anger must be channelled with reference to Berkeley Minerals, Quindell and other cases.

Tom Winnifrith Bearcast - Daniel Stewart Nomad quits, Rob Terry of Quindell stink special

Published 707 days ago

Nomad Westhoiuse has done the decent thing and quit as Nomad to shamed and disgraced Daniel Stewart (DAN) and it is all down to his links with the insider dealer and fraudster Rob Terry of Quindell infamy as I explain in this podcast. I really enjoyed recording this.

Insider Dealer Rob Terry of Quindell infamy puts the FCA on the spot regarding Daniel Stewart

Published 707 days ago

Is the FCA a total joke? We shall see and the man who is going to help answer that question is insider dealer and unconvicted fraudster Rob Terry. This is interesting.    

Q1 2015 Performance Update: shorted AIM shares

Published 708 days ago

From the weekly table published on this website, the following updates how the shorted AIM shares have performed (green indicates the shares were not in the last weekly table of the quarter HERE, with the noted 'closing share price' then that of the publication date of the first weekly table in which the shares no longer appeared)...

Tom Winnifrith Bearcast - Slater & Gordon and Quindell special

Published 709 days ago

In this podcast I start with a few words on Berkeley Mineral Resources and its quite amazing statement of yesterday (HERE). Hats off to Alex Borelli but why is no-one going to prison?  I then go onto look at Slater & Gordon in light of a very interesting piece of research pubished in Australia overnight by Merrill Lynch on S&G post the Quindell deal.

Tom Winnifrith Bear with a sore head Cast - April 15

Published 709 days ago

Thank you to the uber-foxy PR bird for Symphony, brokers Tim & John, foxy bex and the PR spinner to David Lenigas for last night. This bear now has a very sore head and is feeling fragile. Notwithstanding that I go into battle today starting with the Horse Hill omnishambles notably in regard to Solo Oil, moving onto two Chinese POS stocks warning today, to that specialist in China Frauds Daniel Stewart and its own profits warning. I then look at why Kirkland Lake is to leave the Casino and then also at another China POS stock now on ISDX having been booted off the Casino. A second bearcast on Quindell & Slater Gordon is to follow.

Q1 2015 Performance Update: most shorted shares in London

Published 709 days ago

From the weekly table published on this website, the following updates how the most shorted shares in London have performed (green indicates the shares were not in the last weekly table of the quarter HERE, with the noted 'closing share price' then that of the publication date of the first weekly table in which the shares no longer appeared)...

Table of shorted AIM shares - 02/04/2015

Published 711 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the shorted AIM shares (by net short position %) and if this position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE

Who would like to attend the LSE AGM with Lucian and myself on 29th April – half price pizza after

Published 711 days ago

Ok I am up for it. In response to popular demand I will be coming up to London on April 29th in order to attend the London Stock Exchange (LSE) AGM to give the useless tossers in charge a hard time about fraud on AIM, both Chinese and otherwise. Lucian Miers is up for it, anyone else fancy a bunfight followed by pizza.

Ask Tom Winnifrith any question and win a special prize in one week's time

Published 712 days ago

One of the main stage talks at the UK Investor show on 18th April ( yes one week away) is an “ask Tom Winnifrith” session where the Sheriff will be interviewed on the main stage by Malcolm Stacey, Nigel Somerville and Amanda Van Dyke The topics will be wide ranging: Quindell (with new material), frauds past and what Tom is looking at next to “go after”, coping with death threats, what changes AIM must make to stop investors getting screwed, his ancestor the pirate, where he sees value, free speech and a bit of personal stuff from three years ago to set the record straight. Do you have a question for Tom?

Notes from underground - Horses of Courses

Published 712 days ago

Posting nearly 2,000 UK Investor Show tickets over the past week, I have marvelled at the wondeful place names that populate the UK. Names like Beehive Yard, Smock Alley West, Egg Pie Lane, Ynysmeudwy, and 123 Fake Street. 

The Bears Move on: Quindell short becomes a Slater & Gordon short

Published 715 days ago

Slater & Gordon overpaid grotesquely for the Quindell (QPP) legal business but the Aussie company is now beginning to pick up the tab as the bears move in. Two of the bear pit panel at UK Investor Show are already short of Slater & Gordon as is well known Aussie bear raider John Hempton of Bronte Capital. Lucian Miers opens the batting for the UK bears.

Table of shorted AIM shares - 27/03/2015

Published 716 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the shorted AIM shares (by net short position %) and if this position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE

Table of most shorted shares in London - 27/03/2015

Published 717 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the most shorted shares (by net short position %) and if this position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE.

Tom Winnifrith’s Easter Sell share tips No 1 – Daniel Stewart at 1.35p

Published 720 days ago

This share price is simply insane. You can defy gravity bit not for long and at 1.35p Daniel Stewart (DAN) is capitalised at £10 million – it is at least 85% overvalued and so is the first of my here Easter short ideas.

Tom Winnifrith Bearcast - Quindell bribes, Mosman & Kenmare bashing

Published 721 days ago

Happy Easter to you all. All except Rob Terry that is. In this podcast I end up discussing evidence I have of bribes at Quindell and what I shall be doing with it. I start with a demolition of both Mosman Oil & Gas and also the troughers at Kenmare Resources.

Sell Daniel Stewart at anything over 1p

Published 721 days ago

I remember a holiday about ten years ago was somewhat ruined by a short position that I had left open ten bagging against me on the news that a convicted fraudster named Terry Ramsden (older readers may recall this flamboyant figure from the 80s, younger readers can take a refresher HERE as he is back) had taken a stake and was about to make a comeback.

Tom Winnifrith Bearcast 2nd April

Published 722 days ago

In today's tetchy podcast I touch again on Insetco, on Quindell and then move onto Coms, Stanley Gibbons, Motive TV and Daniel Stewart

Quindell – a six hour suspension as it is caught telling monstrous lies again

Published 722 days ago

Shares in Quindell (QPP) were suspended for six hours today as it was caught out for once again having told investors a pack of lies. It seems that it has sold Slater & Gordon rather more than was announced on Monday. This is just a total joke of regulation – when is someone going to prison?

Tom Winnifrith Bearcast - April 1

Published 723 days ago

I start with Aiden Earley and Worthington - Gotcha! It was NOT an April Fool, he really is speaking on "faith & money" at UK Investor Show on April 18. Then on to Quindell, Daniel Stewart, the criminal Rob Terry, Coms, Hunter Resources (sorry bad language in that section but the tools deserve it), Real Good Food, China Chaintek and the other Fujian frauds, Afren, The Innovation Group and then West African Minerals, Mwana, my good friend Jim Mellon and the issue of shareholder democracy.

The top 20 single net short positions in London - 27/03/2015

Published 723 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the 20 highest single net short positions and the changes (red if short increased, green if reduced) since a previous analysis HERE.

Tom Winnifrith BearCast Extra - Is Quindell's Rob Terry buying into Daniel Stewart

Published 724 days ago

It has just been announced that Mr Rob Terry now owns 7.4% of Daniel Stewart. Is it THE Rob Terry, fraudster, insider dealer and crook? I explain why that Rob Terry owes Daniel Stewart a favour plus there is a follow up on Gulf Keystone.

Table of shorted AIM shares - 20/03/2015

Published 724 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the shorted AIM shares (by net short position %) and if this position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE

Tom Winnifrith Bearcast Quindell - Vindication, defiance, apology, analysis

Published 725 days ago

At one level a triumph. Quindell threatened me with libel action becuase I accused it over overstating its profits ahead of and after its rescue bailout in November 2013. I accused it of fraud. It has today said those profits will be restated. It thus raised money on a fraudulent prospectus and folks should go to jail. Those who bought at 660p+ on the basis of those bogus, fraudulent profits and other lies should be demanding that Rob Terry be prosecuted becuase they will never get that money back.

Quindell - Miracles Do Happen, I was Wrong

Published 725 days ago

For someone who has been completely wrong about the possibility of a significant cash offer being made for Quindell (QPP), I should be thankful that I haven't lost more money on my last short trade, which I entered into at an average of about 115p. I have previously made a considerable amount shorting Quindell, but it would appear to be more down to luck than judgement, considering the levels at which I shorted successfully from.  

Slater & Gordon Shares suspended – it is buying QLS – what now for Quenron?

Published 725 days ago

Slater & Gordon shares have just been suspended in Australia for 24 hours which means that an announcement for Quindell looms today and amazingly it seems as if it may well pay £640 million for QLS. What now for Quindell?

Bulletin Board Moron of the Week – Round 15

Published 726 days ago

I am in a good mood today for two very good reasons (here and here) and I sense that this will endear me all the more to the Morons on the LSE Asylum especially on the Worthington board but also Quindell as we head towards PWC. Thus- in response to reader requests – with a deadline of Sunday midnight, Bulletin Board Moron of the Week is back.

The Equities First Holdings LLC Scandal – an open letter to the FCA and AIM Regulation

Published 726 days ago

Enough is enough. Tom Winnifrith’s revelation that EFH has dumped the entire holding of 2.25 million shares transferred to it by Cloudbuy (CBUY) Chairman Ronald Duncan is shocking. It makes a total mockery of the disclosure requirements demanded by the FCA and AIM Regulation and as such I have today written an open letter to the heads of those two bodies, Mr Marcus Stuttard and Mr Martin Wheatley.

Notes from underground - what you are reading this week ( it ain't Shares Magazine!)

Published 726 days ago

To our critics who think we do not count, we say think again.A week after moving servers, everything seems right with the world. Everything is speedier, nobody is complaining about databases not being found to me at 4 AM, and using the EPIC search is a breeze now. I hope that everyone is getting an improved experience.

Quindell – putting the PWC delay into perspective

Published 726 days ago

In 2014 the esteemed firm of KPMG (Southampton office, three partners) started its audit of Quenron just after Christmas and by March 31 had done enough to allow Quenron to publish the 2013 results – less than three months and the job was largely done. When did PWC start work on reviewing Quindell’s fraudulent accounting policies? Early December 2014.

A director share trade is not always a signal for you to trade– ref Interquest, Volex & Quindell

Published 726 days ago

The conventional wisdom is that you should follow the “insiders” that is the board in terms of buying and selling shares. Sometimes the conventional wisdom is wrong. We can start with buys.

The stupidest Quindell Shareholder of the lot has a fiendish plot to destroy Waseem & Tom Winnifrith

Published 727 days ago

The competition as to who is the stupidest shareholder in Quindell (QPP) is an intense one with a crowded field but I think I have a winner from the ADVFN asylum, whites123, who has revealed his cunning plan to destroy myself and Waseem Shakoor. The sheer insanity of it all defies belief and involved Gate Ventures (GATE). Whites123 posts today:

Tom Winnifrith & the FCA Bearcast 28 March

Published 727 days ago

I seem to have been reported to the FCA again. I discuss this, Vince cable, Sefton, Quindell and the failure of regulation plus a bit about faith (which I do not have) or forgiveness (which I find hard). A company specific bearcast will go live later.

Tom Winnifrith Bearcast 27 March

Published 728 days ago

In today's podcast I urge you all to book your seats for UK Investor now as there are fewer than 100 of the 2000 tickets for the big day (April 18) still going. All tickets will be posted early next week. You can book HERE. In terms of companies I cover Quindell, Coms, Teathers Financial, Tower Resources, Gulfsands, JQW ( rapidly looking like my fave China Norfolk) and a POS called Messaging International.

Cloudbuy – time to clarify as EFH default looms. Who will be next?

Published 729 days ago

Last year ShareProphets broke the scandal of AIM company directors taking loans from Equities First Holdings LLP (EFH) and entering into sale-and-repurchase agreements over shares in their companies as collateral. There were various conditions which would trigger a default which required either the transfer of further shares or cash to EFH, or there was the option just to walk away. Within days the first of the AIM companies (Quindell) saw former boss, the insider dealer, Mr Robert Simon Terry walk away under the non-recourse terms – he kept the money. Now a second one is on the hook.

Following a Slater surge UK Investor NOW 90% booked out – reserve your seat now!

Published 731 days ago

Following confirmation that superstar fund manager Mark Slater is to headline the 2015 UK Investor Show on April 18 more than 85% of the 2000 tickets have now been booked so to make sure you get a seat book HERE NOW!

Bearcast 24 March - a shocking revelation ( or two)

Published 731 days ago

In today's podcast I reflect on all the moron comments on Bulletin Boards every time Ive been threatened with legal action by crony capitalists or outright crooks. I forgot to mention Angus Forrest of Tern in that list but it did not work out to well for him just like threats from Globo, Range Resources, blinkx, Quindell, Cupid, Sefton, TXO and now Worthington as well as the clowns in charge of the LSE Asylum all ended up badly for them. Get used to it folks, I pick my targets carefully and I win! I then have a shock revelation about TXO before going on to discuss eServGlobal, Rosslyn Data, Mosman Oil & Gas and more.

Table of shorted AIM shares - 13/03/2015

Published 732 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the shorted AIM shares (by net short position %) and if this position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE

Notes from Underground - Upgrades and what you are reading

Published 732 days ago

You are now enjoying a ShareProphets that is running on a much more powerful server. For those of you who are more visually oriented, this is what ShareProphets was running on last week and this is what it is running on now. This price difference is commensurate as well. (Let's hope the Global Shorting Conspiracy's cheque isn't late!)

Tom Winnifrith Bearcast 22 March

Published 733 days ago

My main podcast of the day starts with the fun and games at Quindell where it seems as if the quisling blogs are in retreat. I go over the maths again. I then look at Centamin as oer Gary Newman's piece earlier and how the Arab world has changed and how that must make us value stocks operating out there. Finally I look at how to deal with the microcaps on the AIM Casino.

An Open Letter to Emma Kane, boss of Foxy Bex at Redleaf Polhill – are you ethical or crony Babe?

Published 733 days ago

I have had a few battles with Foxy Bex and her colleagues at Redleaf Polhill over the past two years because of its willingness to represent absolute liars and criminals such as the Cupid gang and Rob Terry of Quindell.  Redleaf (and indeed Foxy herself) has now taken on another client which they know full well is run by a liar and a charlatan and which is an investment disaster waiting to happen.

Tom Winnifrith Bearcast - 20th March

Published 735 days ago

I save the best, Quindell, to the end of the podcast but ahead of that cover Gulfsands Petroleum, Igas, Gulf Keystone, Northern Petroleum, Mosman Oil & Gas, Afren, Digital Globe ( read Steve's piece HERE), Daniel Stewart, Gate Ventures before ending with Quenron and PWC.

FCA asked to investigate Quindell for Market Abuse (again)

Published 738 days ago

If a quoted company issues a statement that misleads investors it and its executive officers are guilty of market abuse. Quindell (QPP) did just that yesterday and thus I have again written to the FCA asking it to launch yet another investigation into Quindell and its chairman David Currie and CEO Robert Fielding. Yes that is the same Mr Fielding who bought RTA for £68.40 in December 2014 and sold it to Quenron for £2 million a couple of weeks later. Quite why he has not been suspended by Quindell’s HR Manager Jill Harrison for that pending a full investigation defies belief. 

Slater & Gordon Bitch Slaps Quindell for a 3rd time for misleading investors

Published 738 days ago

Aussie law form Slater & Gordon must be getting pretty pissed at having to issue Oz RNS releases clarifying the lies issued by Quenron. Once again a Quisling journalist has made definitive statements about an offer made by S&G for Quindell’s QLS unit. The Quisling’s claims are preposterous but in clarifying Quindell does not deny them forcing S&G to publicly bitch slap. So this time, I recap:

Table of shorted AIM shares - 06/03/2015

Published 738 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the shorted AIM shares (by net short position %) and if this position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE

Quindell – here we go again with Quisling ramp - RNS translation service

Published 739 days ago

In response to yesterday’s ludicrous story in the Sunday Times and a 30% hike in its share price Quindell (QPP) has again put out a misleading statement about its discussions with Slater & Gordon about QLS. I shall again translate this into English. 

Tom Winnifrith Bearcast 16 March

Published 739 days ago

In response to popular demand the "Steve Berry, crony capitalist, placing song" gets another airing. In this podcast I also cover Quindell, Afren, Premaitha (which RMPC owns), Mosman Oil & Gas, Berry's POS Touchstone Gold, Coms and Alba Minerals

Vince Cable MP, Andrew Tyrie MP and Peter Hain MP – J’accuse ref Quindell

Published 739 days ago

Just when you thought that our MPs could not sink any lower in talking complete bollocks as they engage in populist pre-election vote grubbing, they turn up en masse to surprise you with a new act of idiocy. Leading the charge on this occasion is the economic illiterate business secretary Vince Cable and the matter at hand is Quindell (QPP).

Bulletin Board Moron of the Week Competition 14 – Afren, Quindell & Worthington only

Published 740 days ago

Given the sheer insanity of the LSE Asylum Quindell (QPP) thread last week and forthcoming Worthington (WRN) events and the denial among Afren (AFR) shareholders the competition is back but is limited to just these three stocks. Afren is a basket case the other two are fraudulent basket cases. Update: The Deputy Sheriff of AIM insists that postings on Tern (TERN) are deranged enough to be included.

Tom Winnifrith BearCast 15 March - Quindell again

Published 740 days ago

As I contemplate the aftermath of a disastrous day of rugby (see here) this podcast covers Teathers Financial (TEA) pointing out a few home truths and then Quindell pointing out a lot of home truths in light of today's joke of an article in the Sunday Times.

Equities First holdings LLP: is Cloudbuy the next victim?

Published 740 days ago

Last year ShareProphets broke the story of how Equities First Holdings LLP was doing stock loans to AIM listed companies whereby the stock was sold to EFH who were then themselves free to sell the stock into the market. Because these deals appear to have margin call clauses, substantial falls in the price of the stock can trigger a default. It may come as no surprise, then, that the share prices of the stocks concerned have not seen universally stellar performance.

Why I have added to my short in Quindell in a big way

Published 743 days ago

Those following me on Twitter (through @WShak1) will have noted that I closed all of my shorts on Quindell at around 71p a few weeks ago. The trade proved to be a very profitable but, given my negative view of Quindell, it may have seemed strange that I closed at all. I hope I was clear on my reasons why, which were based primarily on the notion that I expected another "rampathon" by promoters that would allow me to re-open my short from higher levels. Aside from any argument over its merits as an investment, Quindell has proven itself to be extremely volatile and there is money to be made if one is confident enough to trade around the huge swings. 

Sunday 10 up - the hard stats that shows how much ShareProphets Counts

Published 747 days ago

In the past seven days, 63,167 unique readers read 123,896 pages on ShareProphets. The circulation of the Investors Chronicle is c30,000. Shares is less than half of that. To our critics who think we do not count, we say think again.

Tom Winnifrith Bearcast - 6th March

Published 749 days ago

First things first. If you like Bearcast you'll love UK Investor Show so book your tickets for April 18 in Westminster now as they are 80% booked out as of today. You can book HERE. On today's podcast: Quindell and the loon conspiracy theories reach new heights, Worthington, Coms, Hunter Resources, DDD, Aga, APR Energy, Daniel Stewart and ValiRX.

Breaking:Quindell Cash Crisis – now the ACH Subsidiary faces a winding up order because of unpaid bills

Published 749 days ago

Folks dismissed the County Court Judgement against Quindell revealed HERE at the weekend as a one off but now I alert you to the fact that its ACH Subsidiary (for which it paid £31 million as part of the fraudulent RTA deal) faces a winding up order because it has not paid its bills.

Changes in disclosable net short positions - week to 27/02/2015

Published 750 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details changes to net short positions in the last week (red if short increased, green if reduced)...

Tom Winnifrith Bearcast 5th March

Published 750 days ago

I start with admin matters: I shall be served with an injunction by Aiden Earley, shadow director of the fraud Worthington at 4.30 PM and have a few snippets of bad news for Aiden. I congratulate Brokerman Dan on being named the share blogger of the year. Then to business. In this podcast I touch on Quindell, Move onto William Sinclair, Jiasen ( a China Norfolk), Tern, Sareum and Afren.

Tom Winnifrith BearCast 5 March (part 1) - Quindell & Worthington

Published 750 days ago

Ahead of a day of doctors and lawyers I am doing a two part Bearcast today. part 1 of the podcast covers just two frauds: an analysis of today's news on Quindell and an update on the Worthington situation and Aiden Earley;'s injunction to gag me. I guess that gagging is not working so well is it Aiden?

Quindell dumps shares in NARS – market source

Published 751 days ago

On 20th November Quindell (QPP) denied that it was actively seeking to sell its 24% stake in Nationwide Accident Repair (NARS). Market sources tell me that Arden Partners has today placed out the stock.

Tom Winnifrith Bearcast - 4 March

Published 751 days ago

I record from all the best locations - this time it is a hospital!. On the podcast today I feature Afren, Quindell, CCJs, Filtronic, Monitise and Fitbug for which I have a big question. Then to Worthington, I have the Qs Doug ware should be answering about the lies and fraud, will he give an A this afternoon?

Thanks to Mossad and the CIA Tom Winnifrith evades Police again and is back in UK untraced

Published 751 days ago

Doug Ware of the fraud Worthington (WRN) may have reported me to the Police but I made it through border control without a hitch. I am back in the UK so can return calls from the FCA about Worthington tomorrow. But my fellow players in the global shorting conspiracy came in handy once again

Markets, corruption, failure of regulation and how the Establishment reacts to scandal with denial

Published 754 days ago

I am struck by the similarities between the myriad of scandals on AIM – and now the main market – exposed here on ShareProphets and the various horrendous scandals that we have, as a country, been faced with in recent times. Perhaps it might be seen as a grubby comparison to liken financial wrongdoing to the scandals of abuse with reference to Saville, Rotherham as well as the Hillsborough tragedy. But the similarities are there: the failings are the same and as a country we need to face it.

You think ShareProphets is not read - look at the hard stats for this week

Published 754 days ago

In the past seven days, 67,591 unique readers read 137,167 pages on ShareProphets. The circulation of the Investors Chronicle is c30,000. Shares is less than half of that. To our critics who think we do not count, we say think again.

Quindell – Oh Dear – the CCJs start – massive cash red flag

Published 754 days ago

Managing a company that has run out of cash is hard. You must delay paying bills until the last possible moment, keep the banks happy, try to generate cash however but in the end something cracks. If like Quenron you have net debt and are burning cash, you can stretch your average payment terms out to a disgraceful 122 days (and climbing) but in the end someone you owe money to takes you to court and gets a County Court Judgement (CCJ) against you. For investors this is a massive red flag.

Quindell – Nothing Wrong with the QLS Business Model: Really? Why 0p is still my target

Published 755 days ago

Supporters of Quindell (QPP) and even Paul Scott – a neutral – have taken comfort from the fact that the MD of Slater & Gordon has said that there is nothing wrong with the QLS business model and take that forward to argue that a 0p target for the shares is unrealistic. Here is why they are wrong.

Tom Winnifrith BearCast - 27 February

Published 756 days ago

I feel like a drowned rat as it is tipping it down here in Greece and I have done some manual labour today. Back to business, in today's podcast I look at Quindell, Rightster ( make sure you listen to the overnight special on that one HERE), Plethora, Aeorema, Kea, Petropavlovsk, Mosman Oil and Gas and do a special on Pires Investments.

Quindell – Its bust and playing for time: PWC delayed

Published 756 days ago

After working on reviewing the fraudulent accounting policies of Quenron (QPP) for almost three months – as long as it takes to do an audit – Quindell still cannot publish the PWC report. It promises that it will do so in “another few weeks.” The statement released today is a disaster but for those who need assistance I shall translate what it says into what it actually means.

Continuing to fight fraud and lies on AIM and the LSE: This Weekend Gone: Tern, Worthington, EFH and the non-illegal immigrants – please help!

Published 757 days ago

This weekend gone on ShareProphets we had yet more revelations on Tern, on the Equities First scandal involving Quindell, Igas and others and also on Worthington. This comes at a cost to us, the smear campaign has accelerated with unfounded claims that we employ illegal immigrants and with Worthington making defamatory statements about Tom Winnifrith. However..

Quindell: How is PWC’s review of your fraudulent accounting policies going?

Published 757 days ago

On January 12th when giving its misleading trading update Quindell (QPP) commented on the PWC review into its fraudulent accounting policies stating: 

Table of shorted AIM shares - 20/02/2015

Published 757 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the shorted AIM shares (by net short position %) and if this position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE

Table of most shorted shares in London - 20/02/2015

Published 757 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the most shorted shares (by net short position %) and if this position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE.

Tom Winnifrith Bearcast 25 February

Published 758 days ago

Sorry for late filing, a combination of Greek telecoms and several calls on the dynamite story referred to in the podcast. Today I cover Coms, Quindell, Gulf Keystone, AO World, Ithaca, Driver and the dog Sareum.

Formal Request to FCA to investigate David Currie and Quindell for Market Abuse

Published 758 days ago

On Monday 22 February the fraud Quindell (QPP) put out a statement that misled investors as to the status of its discussions with Slater & Gordon as to the sale of QLS. Slater and Gordon was forced to clarify the situation with its own statement. Shares soared on the Quenron RNS but retreated as S&G revealed the truth. As such this begs the real question as to whether David Currie, the chairman of Quenron and old pal of Mr Robert Simon Terry, is guilty of market abuse. I have written to the FCA today asking it to launch a formal enquiry.

What the staff at Free Speech Pizza received from a Quindell moron today

Published 759 days ago

For some reason Quindell (QPP) owning morons think I actually work at Free Speech & Liberty Pizza House. I do not - I work from Greece or Bristol. And so it is our staff that receive abuse from the morons. Take this charming email that Maribelle had to deal with today as she worked through a raft of genuine bookings.

Tom Winnifrith BearCast - A very special double Greek Hovel Prize Edition

Published 759 days ago

I spent the morning starting fires at the Greek Hovel burning off some of the frigana I cut last summer. Photos of myself and George in action will be on TomWinnifrith.com later - but that brings me to a very good reason to attend the UK Investor Show - there are stacks of reasons - as I explian in the podcast. The show is now 75% sold out but you can book your tickets today HERE. Meanwhile I look at Quindell, the shoddy outfit that is Cenkos, Sefton Resources, New World Oil & Gas, Tungsten and Fitbug.

Slater & Gordon Bitch Slaps Quindell’s misleading statement – no offer made

Published 759 days ago

For the second time Slater & Gordon has been forced to make an official statement to correct misleading statements made by Quenron (QPP). What planet is the fraud Quindell on?

Tom Winnifrith Bearcast - 23rd February

Published 760 days ago

Recorded outside the Kourounis Taverna in Kambos for reasons I explain this podcast starts with Mariana Resources as I try - and fail - to be charitable. I move into Quindell, Tower Resources, Mar City, Gulf Keystone, APR Energy and Afren.

Quindell – Slater & Gordon Good News? Er…

Published 760 days ago

The quisling blogs reported at the weekend that Quindell (QPP) has received a £700 million offer for QLS from Slater & Gordon. A statement from Quenron this morning gives hope to the bulls and the shares have shot ahead to 94p but I would not be putting the champagne on ice just yet.

If you think ShareProphets does not count - look at the hard stats!

Published 760 days ago

In the past seven days, 66,091 unique readers read 131,367 pages on ShareProphets. The circulation of the Investors Chronicle is c30,000. Shares is less than half of that. To our critics who think we do not count, we say think again.

Bulletin Board Moron of the Week Number 13 Competition

Published 761 days ago

Oh dear. Having yesterday suggested that 99% of Bulletin Board posters are sane and just 1% morons I appear to be getting some stick from our readers for being too much of a nice guy. I can’t win.  With PWC looming for Quindell, insolvency looming for Afren and with the revalation of a fraud a day promised by me for Worthington, this week promises to see the loons in a true frenzy. Just remember:

Wednesday caption contest – winner announced

Published 761 days ago

On Wednesday a reader sent me a photo of a Greek statue with caption perhaps intended for Mr Doug Ware, the CEO of Worthington. I wonder how Mr Ware is getting on consulting with Houyan Lin of Naibu, Rob Terry of Quindell and JimmyLiar Ellerton of Sefton who ran other companies I attacked to see how they can deal with The Sheriff?  I gather Jimmy Liar has a nice mansion in Hawaii – paid for by Sefton Shareholders (minus 99.99%) – perhaps they could all meet up there.  Anyhow I asked you if you could supply an even better caption for the photo below.

The Equities First Holdings LLC Scandal – which, if any, Nomads took brown envelopes?

Published 761 days ago

Oh dear, a Nomad who was approached by Equities First Holdings LLC urging it to get its corporate clients to engage in its dodgy share trades has come forward and revealed that brown envelopes were involved. So which Nomad or Nomads have taken one and is this not a conflict of interest?

Tom Winnifrith BearCast - 20 February

Published 763 days ago

On today's podcast I look at Quindell (long time no speak) and Afren - the calm before the storm next week. I also look at Berkeley Minerals and at Solgold, Pinnacle Tech, Tavistock Investents, Sefton Resourcces/Brokerman Dan and long term dog & Bulletin Board darling Iofina. And there is comment on naughty, naughty Gotham City Research.

Table of most shorted shares in London - 13/02/2015

Published 764 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the most shorted shares (by net short position %) and if this position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE.

Quindell: Morgan Stanley makes £2 million in less than a week thanks to the morons

Published 764 days ago

Hats off to Morgan Stanley which has made a quick £2 million plus killing in four working days. It correctly identified Quindell (QPP) shareholders as being among the stupidest people on this planet and it has played them like a kipper. It is all perfectly legal and for this Robin Hood in reverse raid on the lobotomy and strong brigade, hats off to the banksters.

Wednesday Caption Contest - Dedicated to Rob Terry of Quindell & Doug Ware of Worthington

Published 765 days ago

How is Doug Ware of Worthington getting on consoluting with Houyan Lin of Naibu, Rob Terry of Quindell and JimmyLiar Ellerton of Sefton who ran other companies I attacked to see how they can deal with The Sheriff? Perhaps they should all meet up in Fujian to see how they can wield the "sword of truth" together? Despite Doug's best efforts to get The Old Bill onto me I have made it to Greece.  I knew that the false passport that Mossad provided as we jointly organised the global shorting conspiracy would come in handy one day.

Worthington – I am going to piss all over you, literally

Published 767 days ago

And so the lawyer’s letter – well email – from Worthington PLC (WRN) to me has arrived. And as with lawyers letters from Quindell, Sefton, blinks, Globo and others it is now on display at Free Speech & Liberty Pizza House. In fact it is on display in the gents as you can see below.

Minster Law – The Read Across for Quindell is dire and explains the rush to Deafness

Published 767 days ago

Minster Law is a York based law firm operating in the Personal Injury market and with 800 employees is a material player. And its results for last year are just out and are dire and that has a dramatic read across for Quenron (QPP). 

Bulletin Board Moron of the Week 12 – In Honour of today’s Quindell news

Published 768 days ago

In light of today’s disastrous news from Slater & Gordon the Bulletin Board Morons will be in a frenzy convincing themselves that this is great news for Quindell (QPP). I am also working on a Worthington (WRN) expose  - in case you had not guessed it is a 100% fraud from top to bottom - so I sense that the morons will serve up some gems this week. Let us celebrate the best of them. Now I realise…

99% of Bulletin Board users are not Morons – who am I insulting?

Published 768 days ago

I stand accused yet again of insulting the entire investment community and of delighting in folks losing money. Au contraire, I delight when Bulletin Board Morons lose money but that is just a small group of those who use BBs.

Tom Winnifrith Bearcast: Investor Denial at Afren, Worthington & Quindell and generally

Published 768 days ago

In this podcast I look once again at the issue of investor denial. The case studies are three companies all worth 0p per share: Afren, Quindell and Worthington. happy listening.

You think we do not count, think again: reader stats & the ten most read stories

Published 768 days ago

In the early days of Guido Fawkes, many people refused to believe that anyone was readering him and he could be ignored with impunity. He then began his running weekly stats and his critics were horrified. In that vein, ShareProphets is pleased to share some stats.

The 13 most embarrassing comments on Chris Parrish's quixotic Quindell petition

Published 768 days ago

Chris Parrish is mad at us, ShareProphets, and he wants us regulated by the FCA. The petition uses our logo and, in a mere 478 words, calls out ShareProphets or Tom Winnifrith 11 times. Check out Parrish's petition here. It's a hoot.

Red Flag Number 31 ( of 49) from Tom Winnifrith

Published 768 days ago

My latest book is dedicated to the fraudster Robert Simon Terry, the founder of Quindell (QPP) and highlights 49 Red Flags, warning signs you should look for before investing in shares. Number 31 is excessive spend on PR and IR. To get your free copy of the whole book sent to you today fill in the form HERE - meanwhile here is No 31

Tom Winnifrith Bearcast 14 February - Suspensions at 4 companies needed NOW!

Published 769 days ago

Individuals commit fraud not companies. We have lost that understanding over the past 30 years and that is the great failure of regulation for the banksters and the AIM casino. I discuss this concept and then go on to call for suspensions of individuals as well as trading in the shares for four companies: Quindell, Tern, Alpha Returns and Worthington.

Evil Knievil closes Quindell and Avanti shorts – biggest position now Concha

Published 770 days ago

The infamous bear raider Evil Knievil says that he has now closed out his short positions in both Quindell (QPP) and Avanti Communications (AVN). He tells me “I may have made a mistake” but he has a neutral position. Both stocks, however, remain on his watch list and he says he may re-enter the fray and it will not be on the long tack. Both he insists are hugely overvalued but calling short term moves is hard.

Quindell Bulletin Board Moron of the Week 11 – a joint winner

Published 771 days ago

Once again there were numerous entries which again demonstrated that some folk should not be allowed to be in charge of a piggy bank let alone trade in shares. You can see all the week eleven examples of lunacy on Quindell, Worthington and Afren HERE.  As it happens there is a tie for first place with both nominations coming from Juicin Drumroll.

Tom Winnifrith Bearcast - 12 February

Published 771 days ago

I urge you all to listen to the earlier Quindell special podcast HERE as that slam dunk shows why the firm is bust and worth 0p. In this audio I also cover Afren, TXO, Gulf Keystone, Bacanora, David Lenigas, Circle Oil and Northcote Energy

Tom Winnifrith BearCast - Quindell accounting and cashflow fraud H2 explained in full

Published 771 days ago

Long, long chats yesterday with a Liverpool lawyer and a helpful reader email allow me, I think, to explain why the underlying cashflow miss at Quindell in H2 2014 was in fact UP TO £85 million ( not the £45-60 million I had demonstrated). And I think the key to the miss is accruals and when Quenron started its Industrial Deafness push and how it accrues for it. This is a bit geeky but I believe explains the mystery in full. It has clear implications for the Rob Terry insider dealing case, demonstrates clear market abuse and also if one reads through to 2015 shows why Quindell is insolvent. I also try to explain why I have never had the surname Cochrane (sorry Quindell Quislings).  And I cover the importance of the Tosca news.

Is Worthington to follow Quindell, blinkx and Sefton and send me a lawyer’s letter? Round 2 with Pinsent Masons?

Published 772 days ago

Great News! Is it once more into the breach dear friends? Can I add a lawyer’s letter from Worthington (WRN) to those already received from blinkx, Globo, Range Resources, Sefton, Quindell, LSE.co.uk and other scumbags? I wonder. In case you are tempted Worthington “your company is a fraud” – I have seen off bigger scumbags than you and I really do not fear you at all.

Maine Finance – New Information on how a Quindell Subsidiary is failing and frauding as the cash runs out

Published 773 days ago

Last week I stated that Maine Finance, a Quenron subsidiary which has racked up a £5 million overdraft so that it can lend money to other Quindell operations had basically stopped paying lead suppliers because the cash has run out. Thanks to information from someone incredibly close to Maine I can now give you the full story. This is symptomatic of what is going on across the Quenron group because there is no cash. 

The US Oil & Gas fraud – GXG markets shows up AIM for the casino it really is

Published 773 days ago

We have many, many times accused Bulletin Board darling US Oil & Gas (USOP) of being a total fraud run by a serial liar Brian McDonnell. Wee Brian has huffed and puffed in private to deluded shareholders about taking legal action against me but he has not done so because he is a proven liar and his company is a proven fraud and the little shit knows it. The latest news from the GXG market where USOP shares remain suspended really shows what a casino AIM has become.

Shocking: Slater & Gordon Interims confirm depth of Quindell cash crisis & investor deception part 2

Published 773 days ago

The detailed interim statement from Slater & Gordon out overnight throws into focus the depth of the cash crisis at Quindell (QPP) and how the bastards have serially deceived investors about this. This is really shocking.

Breaking: Quindell – Grim News from Australia with the Slater & Gordon Interims

Published 773 days ago

Just last week Quisling Quindell (QPP) blogs like Betaville promised us that a bid from Slater & Gordon was imminent. Oh dear. More lies. Hard cheese morons. Slater & Gordon has just released its interims and they do not read well for Quenron.

Waitrose and John Lewis do not confirm blacklist - maybe we doth protest too much

Published 774 days ago

In early January, after returning from holidays, I reached out to the press offices of both Waitrose and John Lewis—they keep separate press staff—to ask why they added us to their blacklist. For both, their initial responses were ones of perplexion.

Tom Winifrith and Colin Firth say buy Quindell? No Its a Moron breaking the law

Published 774 days ago

The publication of material that you know to be untrue or misleading in an attempt to persuade folks to buy or sell securities is termed market abuse and is a criminal act and that brings me to the latest act of insanity by a Quindell (QPP) owning moron – the creation of the twitter account @tomwinifrith.  You will note that it has only one n and so is not me but you could easily be forgiven for making that mistake.

Quindell, Afren & Worthington Bulletin Board Moron of the Week Competition 11

Published 775 days ago

It appears that the insane and deluded are now congregating on the boards dedicated to three worthless stocks: Quindell (QPP), Afren (AFR) and Worthington (WRN). And so for this week's competition, all posts must relate to comments made on those stocks and also on Mosman Oil & Gas just for fun. Note to Dom Cooper, nominating the entire output of Quindell Express or the QPPSAG does not qualify as an entry. Those folks will be dealt with at a later date. The deadline for entries is next Sunday. Post away in the comments section below.

Afren a stonking short trade for Valentine at 10p

Published 775 days ago

Afren's (AFR) recent woes put it right up there with Quindell (QPP) as the must do short for February.  Where Quindell has one deadline this month, Afren has two:

Memo to Jim “hammer” Sutcliffe and Richard Rose of Quindell – how to spin the PWC disaster

Published 775 days ago

You know that I am just a plain and simple nice guy. Well if you do, don’t tell anyone as I have a reputation to preserve. But as a nice guy I thought I’d drop a memo to the new team at Quenron (QPP), Jim “Hammer” Sutcliffe and Richard Rose about how to spin the looming disaster that is the PWC Report into Quindell’s fraudulent accounting policies.

Red Flag 26 of the 49 Red Flags

Published 775 days ago

My recent book 49 Red Flags serves up 49 ( its actually 50) signs that you should not be owning a given share. The book is dedicated to Rob Terry of Quindell (QPP) who serves as a case study for most of the Red Flags mentioned. You can get a free copy of the book sent to you today by filling in the form HERE. As a sample here is Red Flag 26.

Book Now for the UK’s top Investor show – 50 speakers, 110 companies – one day, April 18

Published 776 days ago

The UK Investor Show is the UK’s top investor show and takes place on April 18th in Westminster. To grab your ticket you can book now HERE. The keynote talks include:

Tom Winnifrith Bearcast - when am I vindicated on Quindell & what to do about smears?

Published 776 days ago

A relaxed podcast recorded from the freezing garage where the Mrs has exiled me pro tem. On the agenda is the question of why pizza hardman Darren Atwater is as posh as me when taking this test, what counts as vindication on Quindell (QPP) and how you deal with ongoing attacks harassment and smears.

More evidence of the cash crisis at Quindell – Maine Finance Ltd stops taking leads

Published 777 days ago

Quindell (QPP) now exists only because its banks have not pulled the overdraft. Each week a new crisis emerges as it struggles to pay all its bills. Reports are now coming to me from all over this creaking fraud showing how desperate things are. Today: Maine Finance Ltd.

Is Rightster a Wrongster?

Published 777 days ago

AIM casino listed Rightster (RSTR) joined the market a little over 14 months ago at 60p. The shares are now 26p but with shed loads of confetti having been issued along the way the company is still valued at £51 million. Not for long I suspect.

Hargreaves Lansdown jumps into bed with the free speech deniers & black balls ShareProphets

Published 778 days ago

You would have thought that a firm of stockbrokers would want to see a critical press exposing fraud on AIM so that its clients do not lose money. But it appears that Hargreaves Lansdown (HL.) has given into the Bulletin Board jihadists and has joined other companies such as Tesco in refusing to advertise here. The same folk who have sent me death threats, smeared me and the restaurant because of what I write (fraud exposes) are trying to get this website closed down.

Quindell: An Open Letter to Laurence Moorse: call the SFO now my friend as it’s on the case

Published 778 days ago

I am sure that Laurence Moorse, the insider dealing finance director of Quindell (QPP) is now aware, as am I that the Serious Fraud Office (SFO) is now looking at matters Quenron and in that vein I have again written to the little crook urging him to save himself.

Quindell, RTA, Rob Fielding and the missing £2 million, new document – Sacking needed now

Published 779 days ago

On Christmas Day I revealed how Quindell (QPP) CEO Rob Fielding had made £2 million for selling a worthless company established by him in December 2013 to Quindell a month later. This should have been declared as a related party deal – since Fielding is a PDMR – but it was not but was instead rolled into a £30 million deal involving convicted Nigerian fraudster Andrew O’Dua. I now have a new document which makes this look even worse – why has Fielding not been fired and the Old Bill called in? 

Tom Winnifrith Bearcast - 4 February

Published 779 days ago

I am in a good mood as a mega hero of mine has just been in touch to dish some dirt on an AIM casino stock...developing. Meanwhile there is comment in this podcast on Quindell, Camkids, Afren and Empyrean Energy.

Quindell still talking to Slater & Gordon….its shareholders are still screwed

Published 781 days ago

Last week, websites supportive to Quindell (QPP) claimed that there would be a bid for QLS from Slater & Gordon by the weekend because its exclusivity deal with Quenron ran out on Friday. Quindell ignored that comment. Today, with its shares in freefall, it has in a raher panicked way “responded to press comment” and said exclusive talks are still on. So what does that tell us?

Tom Winnifrith Bearcast - 2nd February: Free Speech & Liberty day!

Published 781 days ago

Heck it is free speech day for me every day. In today's podcast I look at Sefton, Quindell, Afren, Igas, ISG, Insectco, Ascent Resources, Mosman Oil & Gas, Mopowered & Outsourcery

The week ten Bulletin Board Moron of the Week is announced

Published 782 days ago

I sense that a good number of shareholders in Quindell (QPP) also have stock in Afren (AFR) and Worthington (WRN). If the last of those three is ever unsuspended it is lining up to replace Quenron in my affections when Rob Terry’s creation goes bust. It truly is a POS built on sand. As such if you are hunting for a week 11 winner of Bulletin Board Moron of the week I suggest a good look at the Worthington threads might be in order. In terms of a week ten winner, the full list of rantings from the insane is here but the winners are:

Bulletin Board Moron of the Week 10 – in Honour of Motley Fool Quindell Moron Prabhat Sakya

Published 783 days ago

Prabhat Sakya writes for Motley Fool and thinks that Quindell (QPP) is a good yield play on a PE of 1.2 and thus has sold his Barclays shares to buy more Quenron – words fail me. Just to show that morons do not obnly post on the LSE.co.uk I bring you Prabhat’s latest pearls of wisdom as a treat. It is a hoot. Do you think you kind find anyone thicker than Prabhat posting sheer lunacy on a Bulletin Board? If so please post those gems in the comments section below – deadline midnight 1st February.

Quindell…the penny is starting to drop: collapseroonie ahoy, just how bad is the cash position?

Published 783 days ago

It has been a quiet week on the Quindell (QPP) front although none of the ludicrous bull calls have come good: S&G exclusivity ended Friday and we were told that a bid would happen last week and that Quenron had lined up a big bank to advise it. Well …it did not happen and it will not happen.

Get a FREE copy of Tom Winnifrith's new book 49 Red Flags today

Published 784 days ago

Tom Winnifrith's new book, 49 Red Flags is dedicated to Mr Robert Simon Terry of that fine British Company Quindell (QPP) and it was finally published on Sunday. It is a guide to how to avoid over-promoted and fraudulent companies on AIM and the LSE. Order it today for immediate delivery of a FREE copy.

Tom Winnifrith Bearcast 29 January

Published 785 days ago

In today's podcast I look at how the human mind reacts to rising and falling share prices, the case study being Quindell (QPP) which is tanking today - now at 80p, target remains 0p. I look at Mosman Oil & Gas (MSMN) and its proposed Aussie takeover which - as I explain - must now be in terrible trouble - target here 1p. I look at the pointless Forte Energy and Red Emperor and then a read through from Produce Investments. I also propose a new "£4 million Rule" for the AIM Casino - what do you think?

Quindell, Avanti and Hurricane Energy – Lucian Miers & Evil Knievil’s top & new shorts

Published 785 days ago

The two leading bear raiders in London, Lucian Miers and Evil Knievil do not always agree but right now both have Quindell (QPP) and Avanti Communications (AVN) as their largest two shorts.

Changes in disclosable net short positions - to 26/01/2015

Published 785 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details changes to net short positions (red if short increased, green if reduced) since a previous analysis HERE...

Red Flags 2 & 3 from Tom Winnifrith’s 49 Red Flags

Published 786 days ago

Over the weekend I published my latest book, 49 Red Flags, how to avoid buying shares that will plunge. As a taster here are Red Flags 2 and 3, featuring Sefton, Quindell and Tern. You can get a free copy sent to you today by filling in the form HERE

49 Red Flags dedicated to Rob Terry of Quindell - order a FREE copy for immediate delivery

Published 787 days ago

Tom Winnifrith's new book, 49 Red Flags is dedicated to Mr Robert Simon Terry of that fine British Company Quindell (QPP) and it wa finally published on Sunday. It is a guide to how to avoid over-promoted and fraudulent companies on AIM and the LSE. Order today for immediate delivery of a FREE copy.

Tom Winnifrith BearCast 27 January

Published 787 days ago

In today's podcast I look at Afren and the next Afren (Igas) and also at Tern and a zillion reasons to sell its shares. I have some pressing questions for Nyota Minerals and look at Quindell and comment on the great news about Kevin Ashton and the UK Investor Show. And I chat about Ocean Wilsons, Mark Slater and the perils of small cap investing.

BREAKING: New UK Investor speaker announced: Kevin Ashton of Quindell fame

Published 787 days ago

Kevin Ashton was the analyst at Canaccord tasked with covering Quindell. When he handed in a note refusing to say buy or set a price target Rob Terry told Canaccord it would be fired as joint broker if it published it. So Ashston was fired. He is a feared analyst with a forensic mind and great integrity and he will now be speaking at the UK Investor show on April 18.

Tom Winnifrith Bearcast 26 January

Published 788 days ago

In today's podcast I look at Igas (vindicated), Quindell (vindicated), Gowin New (vindicated), Cambria Africa, Flybe, Fitbug, Coms (vindicated) and prepare to have a go again at Ray Zimmerman and ZAI over its next China POS IPO

The 9th Bulletin Board Moron of the Week is announced

Published 788 days ago

Sadly Mr Rhys Griffiths of law firm Field Fisher who believes in time travel has not been posting. Rhys old boy please do us a favour and stop acting as a bully boy lawyer for Bulletin Board Morons at the LSE.co.uk and become one yourself – you are so entertaining. In the absence of any more gems from Rhys, we must look elsewhere for a winner.

Thoughts on Quindell. Follow El Tel and Sell

Published 788 days ago

Having suffered two share price collapses in the last two years, it looks like Quindell (QPP) is setting itself up nicely for a third. 

Prize Reader Competition: Slater & Gordon & QLS Guess the bid

Published 789 days ago

The prize is a free invite to the pre UK Investor pizza and drinks with myself, Evil, Ben Edelman and other speakers which takes place the night before the show (ie Friday April 17th.) Join us as we speak freely before the show. All you have to do is guess how much Slater & Gordon will pay to buy QLS. Now accept that there is an option ( which I am going for) that it will NOT BID AT ALL so as a tie-break please supply the date at which S&G announced either a bid or that it is not bidding.

Reader Post of the Weekend: 42 on Quindell

Published 789 days ago

As you know City guru 42 (I know who he is) is a famed Quenronologist and his Quindell (QPP) post on the ShareProphets comments section from this weekend merits a wider audience as it really debunks the idea that a fire-sale of QLS to Slater & Gordon will save Quenron. 42 writes: 

Breaking: T1ps.com is shutting down

Published 789 days ago

Having lost almost all of the 3,000 readers it had 30 months ago the financial website t1ps.com is to shut down, we can reveal. Its editor Richard “Gollum” Gill is looking for alternative employment. To mark this sad day, our resident in house poet has penned a short offering. 

Red Flag Number 35 of Tom Winnifrith’s 49 Red Flags Dedicated to Rob Terry

Published 789 days ago

Those who have ordered a FREE copy of my new book, 49 Red Flags, which is dedicated to Robert Simon Terry, the founder of Quindell (QPP), will be receiving their copy today. If you want a copy simply fill in the form HERE. As a taster of what it contains I bring you Red Flag 35, a failure to have truly independent Non Execs. It reads: 

Quindell - The Graphic says it all - cash is very tight

Published 790 days ago

Quindell (QPP) has always been a slow payer of its bills. But we already know that it survives only thanks to bank overdraft. In today's BearCast HERE, I reveal how it has raised emergency cash to keep going with hidden asset sales. The other way of postponing administration is just to delay paying suppliers. The graphic below says it all. It is paying later and later. 

Tom Winnifrith Quindell BearCast special - Making Money from Nigerian fraud & Mobile Doctors scam

Published 790 days ago

In this podcast I pose some regulatory questions for Quindell and the Ministry of Justice regarding the resigning compliance officer Mrs Helen Cutler, I explain how Quindell made money buying a POS business from a convicted Nigerian fraudster ( and other rubbish deals) and I expose what has gone on with Mobile Doctors and Speedy. This is all very shocking.

Men of Bronze Might Want to Dip into Creightons.

Published 790 days ago

My investment in a little firm called Creightons (CRL) sometimes raises a smile among my friends.

Tom Winnifrith Bearcast - 23rd January

Published 791 days ago

In today's podcast I look at the PR/Financial Press corrupt deal. I then move into Quindell, Robinson, Cambria Africa, Frontier Mining, what timber prices tell us about general earnings visibility, Gowin New, a new China POS that had been flagged up to me called JQW (target price 0p), the Wandisco pump and dump and Jiasen International.

The Quindell Morons and Market Abuse on Twitter re Gotham City Research

Published 791 days ago

And so a new twitter account has appeared in recent days @gothamresearch_ -you may have noticed it and thought this was real Gotham City Research. Boy have those bears changed tack. Er no…this is just Quindell shareholders breaking the law (again)

Quindell Bearcast - Slater Gordon and the Gotham Dragon starts to wake up

Published 791 days ago

I exposed how Quindell is going to get rogered (at best) by Slater Gordon overnight HERE in this podcast I discuss how this accounting fiddle works, what it means for Quenron's (QPP) dire financial position, it really should be fessing up to that and has not and I also flag up that Gotham City Research is starting to wake up.  For the avoidance of doubt the share price target remains 0p and the fact that the shares are up today shows nothing other than the insanity of man, the bear case has just got stronger still.

BREAKING: Quindell – Slater & Gordon Comments & the Morons are F**ked!

Published 791 days ago

Oh dear, Oh dear if you are long of Quindell (QPP) you are going to take one hell of a beating tomorrow because Slater & Gordon has just issued a statement in Oz and it does not read well for the fraudsters and the morons. The shares should crater on this news.  I do love the smell of napalm in the morning.

Tom Winnifrith Bearcast 22 January

Published 792 days ago

In today's podcast I cover David Lenigas firing Hume capital, TXO (toast I suspect), Jiasen & Gowin New ( China toast to come), Monitise (vindication almost complete after latest profits warning), Quindell (loons, toast to come) and Oxford Instruments (shoot the PR, visibility nil, bargepole).

Table of shorted AIM shares - 14/01/2015

Published 792 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the shorted AIM shares (by net short position %) and if this position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE ('Position Holders' in bold appear in the table more than once)…

Tom Winnifrith Bearcast - Quindell, Soros and Slater Gordon

Published 793 days ago

In this podcast special I look at the lunacy of tracking who owns what in Quindell (QPP). There seem to be all sorts of figures flying around. It is lunacy following this trail. More pertinently I look at the suggestion that the division for sale is QLS and that the purchaser is Slater Gordon. Two sources confirm to me that this IS the case, But before the morons start to celebrate I then go through the maths and that is rather less good news for Quindell. I also point out two new cases of how Quenron has misled investors in a material way.

Tom Winnifrith Bearcast 20 January - oil prices, oil stocks and time to revisit 0p target for Quindell?

Published 794 days ago

In today's podcast I start with oil stocks and oil prices and discuss why I would not touch any of them with a bargepole - particular mentions of Tangiers Petroleum, Falklands Oil & gas, Rockhopper, Igas, Northern Petroleum and the rampers of Mosman Oil & Gas. I then move onto Quindell discussing whether my 0p target is too low.

It's Great Being the Only Bull in Town

Published 794 days ago

Hello Share Bashers. It's rather nice being the only bull around this strapping website. Because when the Footsie rockets through the old 6,900 barrier later this year, I won't have to share the credit for being right with anyone.

Reader Comment of the Week: 42 on Quindell & PWC

Published 796 days ago

As you know, ShareProphets reader 42 knows Quenron (QPP) better than most and as such his predictions on what PWC will say about the company are worth paying attention to. They make for terrifying reading if you are long. 42 posts:

Tom Winnifrith BearCast 17 January

Published 797 days ago

In this podcast I look at the issue of earnings visibility with special reference to quoted spreadbetting firms, at Quindell and its change of PR and what that telegraphs to you and then there is a detailed report back on Sefton Resources and its latest omnishambles announcement.

Quindell - Tosca gives you another chance to short: grab it

Published 797 days ago

Quindell (QPP) has had a good few days after it emerged that Toscafund, a UK hedge fund,  holds 5.4% and upon the appointment of some fairly ropey NEDS, one of whom has already been involved in a mini scandal since he joined Quenron. The shares have tripled from last month's lows to value the company at £393 million, not bad for a concern whose founder has very publicly been involved in all kinds of fraud and skulduggery.

Lse.co.uk – fools & bullies with a clown of a lawyer but NOT originators of market abuse

Published 798 days ago

Okay none of you guessed, my first lawyer’s letter of the year came from Lse.co.uk. Apparently I have damaged its good name and caused it distress. Yes, that is the website which each day carries at least 50 posts smearing me with all sorts of abuse and lies. Next up, Prince Andrew is going to give me a lecture for inappropriate behaviour because my wife is six years younger than I am.

Tom Winnifrith Bearcast - 16 January

Published 798 days ago

Today's podcast looks at Swiss Franc fallout and then at Plethora and Quindell. And with that done I can move into fascist lawyers representing morons.

EXCLUSIVE – Has ShareProphets Forced the FCA into a clarification re EFH and IGas?

Published 798 days ago

 ShareProphets broke the story of the Equities First Holdings LLC (EFH) loans scandal back in November 2014. We nailed the EFH six – IGas (IGAS), Quindell (QPP), Optimal Payments (OPAY), Cloudbuy (CBUY), IQE (IQE) and Angle (AGL) for not giving adequate disclosure of the dealings of their directors with regard to deals with EFH. All those companies were in the end (and some rather more reluctantly than others) forced into clarifications. But it turns out that the FCA has also issued a clarification too!

End 2014 Performance Update: Shorted AIM Shares

Published 798 days ago

The following details the performance of the AIM shares shorted as at the start of 2015 from when there has continuously been a disclosed short position in them ('Position Holders' in bold appear in the table more than once)…

Quindell – just what is it so desperate to hide at Ingenie?

Published 799 days ago

It is probably the least of the problems of the insider dealing fraudster Laurence Moorse at Quindell (QPP) but he really does seem to be in a spot of bother with Companies House over non-disclosure at Ingenie. What is Larry so desperate to hide? 

End 2014 Performance Update: ShareProphets bear calls & investor short positions

Published 799 days ago

previous table showed a combination of AIM stocks covered bearishly on this website and disclosable to the FCA short positions had delivered outsized returns. The following updates, with links to initial pieces and a recent view of each stock (for the latter, click the 'end 2014 share price')...

Tom Winnifrith Bearcast 14 January

Published 800 days ago

Delayed by meetings, a hangover and finally a series of IT horrors I apologise for the delayed podcast. Today I look at Quindell, Kea Petroleum, Mosman Oil & Gas, Globo, Totally, Deltex, global growth forecasts and equity valuations.

A letter from the Sheriff of AIM to Jim Sutcliffe, deputy chairman designate at Quindell

Published 800 days ago

Jim Sutcliffe is the deputy chairman designate of Quindell (QPP) and is also a Fellow of the Institute and Faculty of Actuaries and in that spirit I have written him a letter which was emailed over today. Let’s see what he says. But I pose a tough question or two for lucky Jim.

Tom Winnifrith Bearcast -13 January

Published 801 days ago

I start this podcast with a correction regarding yesterday's Bearcast and Rapid Cloud (but it is still a sell!). I then move on to Shaft Sinkers, Beacon Hill Resources, Quindell, Alexander Mining, Debenhams and Charlemagne Capital. The Beacon Hill hairdresser revelations referred to appeared HERE

Quindell: a Letter to Richard Rose

Published 801 days ago

Richard Rose is the chairman designate of Quindell (QPP) In that vein I sent him an email yesterday. He has not replied. It reads: 

A happy birthday present from me to you on January 12th

Published 802 days ago

Cripes, I sometimes think that I am a sad git. Here I am preparing for my birthday on Monday and what am I doing? I’m talking to Steve Moore about the next share tip we are publishing on the Nifty Fifty website. Sad or what?

Tom Winnifrith's Birthday Bearcast 12 January

Published 802 days ago

I end with Quindell and an open challenge to Mr Jim Sutcliffe regarding the 100% fraudulent 2011 accounts. Let's see if he really wants to draw a line in the sand or if he is just in it for the grubby money. Elsewhere I look at Shaft Sinkers, Rapid Cloud - a case study in Red Flag accounts -, Lamprell and Northbridge Industrial.

Quindell – New Gotham City price target prize sweepstake

Published 802 days ago

The valiant corporate campaigners Gotham City called Quindell (QPP) brilliantly with its first report but has now said that its second report is out soon and that it will be slashing its 45p price target. Interestingly last time Rob Terry rebuffed Gotham as he tried to protect Rob Terry. This time will the new management fight to save Rob Terry’s reputation or will it just blame all the crimes Gotham uncovers on Mr 2+2 can – 5? But…

Quindell - why I have added to my short

Published 802 days ago

Shares in Quindell (QPP) have, to put it mildly, been extremely volatile as bulls and bears either buy in euphoria or sell in despair on every little snippet of news that is released. This morning, Quindell has announced the involvement of new "heavyweight" directors at Quindell, and the shares have shot up as a result as bulls have their day in the sun. 

Quindell – Gotham set to slash its 45p target price – new report on the way

Published 802 days ago

If it was not bad enough that PWC will be issuing a report eviscerating Quindell’s (QPP) fraudulent accounting policies and balance sheet it seems as if famed campaigners for truth and justice Gotham City Research is now about to re-join the party. 

Tom Winnifrith Quindell Bearcast Special - forget the spin look at the cash

Published 802 days ago

Quindell (QPP) is spinning for its life. I examine how it spins what is bad news. The only 2 guys it can find as new NEDS are proven failures. The trading statement is dire. Look at the miss on cash generation in Q4. And look at the real net cash position. This is woeful. The statement on revenues and earnings is telegraphing that PWC is going to be red ink City and the fact that there is no PWC until the end of Febuary shows how bad things are.

Tom Winnifrith BearCast 11 January - the Naibu and Quindell fraud special

Published 803 days ago

A bonus podcast looking at my two fave frauds on the AIM casino - naibu and Quindell. The former is now officially toast - a clear kill for me. The latter will be toast. I suggest a bit of chart watching and explain the striking similarities.

Tern – Lessons From History: Will it Really Be different This Time?

Published 803 days ago

I am drawn to some parallels between the stories of Rob Terry’s  vehicles The Innovation Group (TIG) and Quindell (where he is apparently no longer running the show, so we are told…) and Angus Forrest’s exploits with Digital Learning Marketplace plc (DLM)  and Tern, his current AIM Cesspit outfit.

The end of squalid China fraud Naibu - who is next?

Published 804 days ago

As predicted just days ago, I see that the non-executive directors at the squalid China Fraud Naibu (NBU), “experienced” accountant Giles Elliot and “experienced” lawyer David Thomas have extracted their heads from their arses and had the shares suspended. 

49 Red Flags – how to avoid investing in shares that will plunge by Tom Winnifrith - pre-order FREE copy for weekend delivery now!

Published 805 days ago

ShareProphets Press' first book of 2015 is by Tom Winnifrith, The Man who exposed the fraud at Quindell. In it, Winnifrith demonstrates the forensic accounting techniques that he uses to expose the secrets that companies are trying to hide. No investor should be without it. The first 100 people to receive the book will be offered a free ticket to the 2015 UK Investor Show on April 18. Don't delay - this will go fast.

Tom Winnifrith Bearcast 9 January - Fraud, Naibu kill, other AIM China stocks & Quindell chairman, PWC & fraud

Published 805 days ago

Really just a few matters on the agenda in this special prompted by the suspension of shares in Naibu (NBU) today. I have been calling this out as a fraud for a year. I win. I look at the read across to China Chaintek, Camkids and Jiasen, to what it says about ZAI Corporate Finance and its other clients and what it says about any other stock I call out as a fraud. I look at Quindell, rumours about a new chairman, PWC and the fact that it too is a fraud. I also have more to say on the matter of free speech.

Bearcast 8th January - free speech deniers Quindell and other matters

Published 806 days ago

Yesterday 12 journalists were murdered by those who deny free speech. Today on the LSE asylum others who do not believe in free speech are at work. They may not be murderers but they are no less despicable. I start with that matter and Quindell and move on to cover Kenmare, Global Energy Developments, Tern, Igas, Sainsbury and Tesco, Touchstone Gold and Northwest Investment Group.

Quindell: Bearcast Special: Tosca, PWC, The Daily Mail and more Biosign shockers

Published 807 days ago

All things Quindell in this Bearcast. Congratulations to the morons. You are only 90% down now. Enjoy your day of gloating. Now back to reality and I deal with Tosca, The Daily Mail, PWC and have some more shocking revelations about Biosign in this podcast.

Tom Winnifrith Bearcast 7 January

Published 807 days ago

Quindell (QPP) later. For now I look at Boohoo, ASOS, Sainsbury, Majestic Wines, whether online retailers should get a premium to offline retailers and comment en passant on Range Resources and Tern but in detail on IGAS and in total detail on the disgraceful behaviour of Mr Steve Berry and Touchstone Gold. This is truly disgusting and the man has no place on the AIM casino while Touchstone is officially a POS.

The AIM shares shorted as at the start of 2015...

Published 807 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the AIM shares shorted at the start of 2015...

Tom Winnifrith Bearcast Quindell & the Biosign fraud - it all goes back to Lava

Published 807 days ago

This is a small piece of accounting fraud by Quindell (QPP). It all goes back to Lava - Rob Terry's first big fraud.  In a nutshell this shows how Mr 2+2 can = 5 ran Quenron with old pals and why there is so much worse to come.

ShareProphets Reader Post of the Day: Invetigate on Quindell

Published 808 days ago

Why, we were all wondering, did Quenron (QPP) loan CAN6.8 million to a near bankrupt Canadian software company? Reader Inevitgate has the answer. Shimple, so as to not have to admit that revenues booked in 2013 and 2014 were totally uncollectable and so face a P&L hit. Shimples. Great work. Here it is. 

Tom Winnifrith Quindell BearCast - a whistleblower explains the culture of bribery, fraud and lies

Published 808 days ago

The title is self-explanatory. The contents of this podcast are most serious. hapless Nomad Cenkos can verify the lot or it can just admit that it does not give a FF about its regulatory duties.

Quindell – why did Phil Hodgkinson depart on New Year’s Eve?

Published 809 days ago

Who is Phil? He is a big cheese at Quindell Legal Services. So why did he leave the Quenron (QPP) sinking ship so suddenly on New Year’s Eve – filings at company’s house show that his directorship was terminated on that date.

Tom Winnifrith’s ninth share tip of the year – sell Volex

Published 810 days ago

To lose one director in December is unfortunate but to lose two looks like carelessness but that is what Volex (VLX) managed, parting company with its FD after just 18 months in the job and with a well-respected NED – with immediate effect - on New Year’s eve. The truth is that this is just not a very good company - my pal Paul Scott put it more succinctly the other day in an enthusiastic daily Stockopedia report. At 70.5p, capitalised at £64 million it is a slam dunk sell.

Tom Winnifrith Bearcast 3rd January

Published 811 days ago

Why do share lock-ins matter? Let me explain and I do so with reference to Quindell (QPP) as this will be something that the Serious Fraud Office needs to examine either before or after Quenron goes into administration. I also have a few words for the motherfuckers at Schillings.

Reader Comment of the Day – Ref Quindell

Published 812 days ago

Well done Miserly Investor who provides another very plausible interpretation of the RNS today from Quenron (QPP). My own translation from bollocksese into English is HERE. But Miserly posts here on ShareProphets a very sensible comment. His second paragraph in particular is I believe highly relevant. Miserly writes:

Tom Winnifrith's Bearcast 2nd January

Published 812 days ago

Leopards do not change their spots. In this podcast I look at the omnishambles which is the fraud Quindell, at Tern (the Deputy is going to get you Mr Angus Forrest!), at Motive TV ( I am going to get you) and at Peter Landau and Black Mountain - I am going to get you Pete Landau. There are also more words of praise for the one and only Paul Scott.

Quindell: Translating today’s RNS from Bollocksese into English

Published 812 days ago

Quindell (QPP) has today issued an RNS which is pure bollocks. Ever keen to help I am happy to provide a translation into English, something which shows both that the new board are as keen to mislead as the old and that this company is up shit creek without a paddle. 

Evil Knievil’s top two shorts for 2015

Published 812 days ago

As we head into 2015, infamous bear raider Evil Knievil and I had a brief chat this morning about his top shorting ideas for 2015.

Tom Winnifrith's NY Sheriff Resolutions and the 10 least wanted men on AIM BearCast

Published 813 days ago

It is a special Bearcast as I make a number of Sheriff of AIM New Year Resolutions. And then I go onto to explain why the following are the least wanted men on the AIM Casino and what I plan to do about it to make their working lives a living hell in 2015:

Tom Winnifrith's last Bearcast of 2014

Published 814 days ago

A final parting shot sees this podcast cover Savannah Resources and mining juniors generally with a shot at those in Mozambique, Quindell, whistleblowers and I wish you all a happy New Year. Don't drink too much. I certainly will not. 

Having problems shorting Quindell – go to ETX!

Published 814 days ago

I endorse ETX as a spreadbetter because it allows you to short small caps in a way that other spreadbetting firms do not. I have had a number of folks saying they cannot short Quindell (QPP) with their spreadbetting firms. I have just spoken to ETX where you CAN short Quindell. So, folks SIGN UP HERE & PLACE YOUR BETS AT ONCE.

Quindell a New Year’s Quiz for you all

Published 814 days ago

There are some new questions now in place for the chumps now nominally in charge of Quindell (QPP) following a bit of post-Christmas digging but also some oldies. As you know I regard this fraud as worthless and it is my number 1 sell of the year (HERE) but for any who are still strong, long and wrong here are ten questions you might want to ask your board. Or perhaps readers might care to post their answers in the comments section below?

Tom Winnifrith’s Share Tips for 2015, No 5 – Sell Quindell, target 0p

Published 815 days ago

Some of you may regard this as boring. There is after all, ALMOST, nothing written below that I have not written before. But I promised my top 5 shorts as part of my 10 tips of the year and Quindell (QPP) is my top short. Quite simply these shares are worthless. And so selling at 42p or whatever you can get is a sure fire 100% win. This is a “niller” at so many levels. Where do we start?

Tom Winnifrith BearCast 29 December Silence from You Know Who and Noise Elsewhere

Published 815 days ago

Even on a day with no news there is plenty to say. I start with President Petroleum in this podcast but then move on to look at EMED and Gulfsands Petroleum where there are similarities in terms of how failing management seeks to defend themselves from attack. And then, in detail onto Quindell where the silence is ominous re both Mr Fielding and also PWC where I hear that an interim report has been presented.

We do not tip shares very often but on Monday... That is today at 3.30 PM

Published 816 days ago

Steve Moore and I have been cautious on shares and especially AIM shares for a year. We have not touched some sectors like oil at all. And we have been vindicated. We are value investors and thus caution is the name of the game. The skills we use in detecting frauds like Quindell are the same skills we use in unearthing value buys. But it is Christmas and we have a new share tip underway. Like the Tailor of Gloucester we are still hard at work on it as the big day approaches.

Tom Winnifrith BearCast December 28 - Retail Gloom, Liquidity Events and Christmas Pudding 3

Published 817 days ago

I am now preparing for my third Christmas lunch. Duck, goat now goose. Each time followed by Christmas pudding. Ahead of that "treat" I reflect on possible liquidity events next week, tips of the year, Avanti Communications, Quindell, why I am bearish short and medium term, the folly of just publishing buy tips and question why anyone invests in retail any more. I just do not get it.

Helen Cutler at Quindell, WTF – the Curse of the Sheriff

Published 817 days ago

Bizarre or what? On 23rd December 2014 I put in a call to Mrs Helen Cutler of ACH Management Services Ltd, the Quenron subsidiary formerly known as RTA Management Services. This was the company that Quenron CEO Rob Fielding set up in December 2013 (costing him £68.40 inc VAT) and then sold to Quindell on 14 January 2014 for £2 million as part of the deal with a convicted Nigerian fraudster as revealed HERE on Christmas day.

Memo to David Lenigas & Others: We do NOT sack our writers for having an opinion

Published 818 days ago

David Lenigas is tweeting his upset with James Parter for having suggested that Solo Oil (SOLO) is a sell and has suggested that Mr Parter is likely to be sacked. Let me make this 100% clear to my friend Mr Lenigas and to other CEOs out there who think that I sack anyone for having an opinion. I will NEVER do that.

Tom Winnifrith BearCast 26 December - 'T is the season of Goodwill for Quindell

Published 819 days ago

Following the shock Rob Fielding revelations of yesterday, conversations with three current and former Quindell employees and some early morning reading of the Quenron (QPP) 2013 accounts, notably page 57, I have more shock disclosures about Quindell and its acquisitions and rather tough questions both for the fraudsters and for the bumbling incompetents at KPMG who signed off on such utter gibberish and obvious lies.

Quindell CEO Robert Fielding: Tell us all about RTA Management Services Ltd and the £2 million?

Published 820 days ago

On 14th January 2014 Quindell announced the purchase of ACH and associated companies for £5 million in cash and 117,812,500 (pre consolidation) shares at 22.5p. We have pointed out before that ACH was 100% owned and run by a convicted Nigerian Fraudster Andrew O’Dua, something Quindell did not mention at the time. But now the spotlight falls on the associated companies and how Quindell CEO Rob Fielding made a quick £2 million. 

Rob Terry's Christmas Quindell Carol Part 3 ( of 3)

Published 820 days ago

After not one but two visitations from the ghostly figure of the grandfather of Christmas share blogging, Rob Terry was jolly glad to be back in his massive four poster bed. His faithful watchdog Cencord slumbered on, snoring loudly and oaccsionally licking his master's toes, but still young Mrs Terry had not returned from her girl’s night out and it was now quarter to midnight.

Tom Winnifrith Christmas Eve Bearcast

Published 821 days ago

Happy Christmas to you all - unless you are a director of Quindell. More on that later.  This Bearcast explains why Ben Turney is 100% wrong to back the board at Gulfsands Petroleum - it should be booted out at once. I also look at Charaat Gold (pathetic placing), Deltex Medical (POS & Profits warning) and at a range of oil juniors notably Mosman Oil & Gas, Northern Petroleum, Enegi Oil and IGAS - suggesting a new stress test for your holdings in this sector.

The Quindell Christmas Carol… Part Two

Published 821 days ago

Yes it was all a dream, Rob Terry muttered to himself as he tried to banish thoughts of the ghostly apparition from his mind. He turned over to young Mrs Terry as if seeking confirmation. But she seemed still to be out with her girlfriends clubbing in Southampton. And she was not the only absentee from the marital bed.

Tom Winnifrith Bearcast 23rd December

Published 822 days ago

The penultimate pre-Christmas bearcast and the profits warnings are coming through at a rate knots from across all sectors: Cloudbuy, Thorntons, Mountfield - what does that tell you? A brief look at the resources sector's woes and then another clue on what exactly is my Christmas treat for a senior Quindell staffer...when will I ruin his Christmas? Problems, problems...

A Quindell Christmas Carol …part one

Published 822 days ago

It was the night before Christmas and all was still at the Country Club, Rob Terry called home. The great man himself had decided to call it a day early and was lying (as is his wont) on his enormous four poster bed. Young Mrs Terry had said that she was going out with girlfriends To S.Daddy, a new nightclub in Southampton and so Rob’s only companions were his two faithful poodles Canakos and Cencord who lay snoring at the foot of his bed.

Tom Winnifrith BearCast 22nd December

Published 823 days ago

There is not a lot happening so I look back on a couple of golden rules, golden red flags if you like from 2014. And I have an extra special Christmas present for a chap at Quindell. When should I run it to utterly train-wreck his Christmas do you think?

Table of changes in net short positions - week to 12/12/2014

Published 823 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details changes to net short positions in the last week (red if short increased, green if reduced)...

How dare you attack a great British company with 4000 staff and £1 billion sales say Daily Mail Readers - BearCast Special

Published 824 days ago

Daily Mail Readers are today lashing out at their paper for flagging up that Quindell (QPP) shareholders are signing up in droves to take a class action against the fraud and the fraudsters. This is a Great British Company, paying taxes, creating 4000 jobs and with £1 billion in sales they say. No it is not as I explain below & I speculate on how much Rob Terry and his henchmen have taken out of Quenron.

Tom Winnifrith's BearCast 20 December

Published 825 days ago

In this bearcast I start with the issue of the abject failure of regulation and my support for Class Actions - let market forces deal with the fraudsters where the State has failed. Then onto oil and why M&A action will not save the juniors on the AIM casino. Finally to what happens as a PLC goes into death throes, Quindell, its share price. the motivation of whistleblowers and more.

ShareProphets Launches AIM Casino Fantasy Football Own Goal 2015

Published 826 days ago

The prize will be a champagne meal for two at Real Man Pizza Company or something similar as today we launch the new ShareProphets competition which will run throughout 2015. Welcome to AIM Casino Fantasy Football own Goal. The Rules are simple.

Quindell – What will the PWC Report say? A sneak preview..

Published 826 days ago

I am asked by a reader to speculate on what the PWC Report into Quindell (QPP) will say? I guess that the bean counters are almost done by now so IMHO here is what to expect.

Quindell – Now tell us about the Gotham judgement fellows? And what about suing me?

Published 827 days ago

Back on 9 September 2014 Quenron (QPP) announced that it had defeated the brave ad heroic campaigners for truth and justice known as Gotham City Research in a libel case. Of course like everything else Quindell announced that was not exactly true but what is happening now?

Optimal Payments who is selling? And about that margin call…

Published 828 days ago

After yesterday’s unconvincing statement re the share price movement, this morning it got worse for Optimal as the Telegraph’s Questor column today said sell – see HERE. Perhaps Questor has learned a thing or two from reading ShareProphets!

Quindell – why will it not answer questions about sleeping arrangements at the management away day?

Published 828 days ago

Via his PR I have asked Robert Fielding, the CEO of Quindell (QPP) questions about the sleeping arrangements at the recent Quenron management away day at a luxury hotel in the Lake District. No comment is the response. So I tried a different tack

How to play the Oil Price Slide on AIM

Published 828 days ago

The Oil price slide throws up some interesting opportunities on the AIM market. I have shorted a basket of five stocks on the basis that if it continues to fall or stays at these levels they will get into serious financial difficulty very rapidly.  If it rallies the upside is hopefully limited by management practices that are unlikely to reward shareholders. 

And now at 32p the Quindell Bulletin Board Moron of the day (DMajor) thinks smearing me helps

Published 829 days ago

Quenron (QPP) shares are now down to 32p. 0p or suspension or both looms and is coming soon. Even the dumbest fuck in the universe must understand that. But no, Tom Dobell at M&G and the posters on the LSE Asylum just reckon it is corporate governance or in the case of the latter it is all down to me. Today’s moron DMajor explains Quenron’s share price collapse by posting six sentences containing three howling spelling mistakes or grammatical errors and NINE lies about me.

Tom Winnifrith Bearcast Special: How to lie and mislead investors via RNS and RNS Reach

Published 829 days ago

Just a quick podcast special looking at how companies lie and mislead investors via RNS and also RNS Reach. The latter & its true (lack of) import is explained. Case studies Blur, Optimal Payments, Quindell (natch) and Outsourcery

Life as CFO in a failing company like Quindell: someone who has been there explains

Published 829 days ago

What is it like being Laurence Moorse, the FD at Quindell (QPP) as it goes down the swanny. I asked a gentleman now FD of a successful AIM listed company but who in a former life was parachuted into a quoted entity that he pretty soon realized was a can of worms, to explain. The experience still haunts him. His recollection will give you some idea of what life is like in Fareham right now.

Tom Winnifrith Emails Rob Terry of Quindell & Cohorts with advice

Published 829 days ago

In light of today’s revelation that a Class action is heading towards Quindell, the fraudster Rob Terry and others I have just sent a friendly email to Terry, Laurence Moorse and folks whose firms may well become co-defendants in a class action suit:  Peter Shea of Daniel Stewart, Bobbly Hilliam at Cenkos, Emma Kane at RedleafPolhill and Victoria Geoghehan at Bell Pottinger. Gents & ladies it is payback time...hope you all have good lawyers.

EXCLUSIVE: Lost Money on Quindell: Class Action against Quindell PLC, Rob Terry, Laurence Moorse to be launched

Published 829 days ago

Law firm YourLegalFriend will tomorrow launch an initiative aimed at pursuing both Quindell PLC and its current board of directors as well as Rob Terry in order to get back the vast losses suffered by investors in Quindell.

Quindell – The Silence on the Nomad issue & share suspension is deafening

Published 830 days ago

If Quindell (QPP) was not in serious trouble with its Nomad Cenkos and facing an imminent suspension of trading in its shares it would have issued an RNS today. It did not. That deafening silence must set alarm bells ringing in the heads of even the dimmest of shareholders - are you reading Tom Dobell at M&G because that means YOU!

Tom Winnifrith's BearCast - 15 December, Quindell not mentioned once!

Published 830 days ago

It's a first. A daily podcast not mentioning Quenron (QPP) at all. But for the record its shares dived by 7.2% to close at just 38.5p. Only 38.5p to go to fair value. Instead I discuss Ludorum, Mysale, Naibu, China Chaintek, Enables IT, Ultrasis, Touchstone Gold, Beacon Hill and why I remain an equities bear. However I reveal a very small AIM company in which we have just made a material (for us) investment.

Quindell Bulletin Board Moron of the week (7) – the Result

Published 830 days ago

As ever the standard of entries was very high. As I sit here in a very much open Real Man Pizza Company I reflect on the poster who has it on “good authority" that RMPC has gone bust, unlike Quenron (QPP) where he is still “long and strong.”  To read all 36 nominated examples of sheer idiocy click HERE.  But there has to be a winner:

A letter from Rob Terry of Quindell to Ray Zimmerman of ZAI Finance

Published 830 days ago

I am really trying to be helpful here to Quindell (QPP) because I am just such a nice guy and its Christmas and West Ham are almost safe from relegation and that sort of thing. And in that vein I have drafted a letter for Rob Terry to send to Ray Zimmerman, the boss of ZAI Corporate Finance. It reads:

Back by popular demand – the Quindell Bulletin Board Moron of the Week (7) Competition

Published 831 days ago

Today Quindell (QPP) has admitted that it can only continue to trade because its banks have not (yet) pulled its overdraft. It had flagged up that mammoth writedowns of revenue unwisely recognised which was bogus and of goodwill is on the way. It has not explained why it bought a company from a convicted Nigerian fraudster for £30 million. And some folks think this is good news. For example…

The Empty Quindell Box at the Emirates - £72,000 a good investment: make Larry an offer!

Published 831 days ago

What was Quindell’s (QPP) worst investment? It is hard to know. £2.77 million for Skillwise (sept 2013), a company with no assets bought by its previous owner the day before for £68.40 including VAT is a prime contender. The £150 million spent on the cash consumptive shite that is Himex must be another. But how about a luxury executive box at the Emirates?

Quindell & Cenkos – when’s the official divorce and share suspension? Soon.

Published 831 days ago

Last week I revealed that Cenkos, the Nomad to Quenron (QPP) was letting it be known that it was going to quit as Nomad soon (HERE). The Sunday Times today reports that Quindell fall guy – acting chairman David Currie is scouring the City looking for a new Nomad, because without a Nomad the shares get suspended then – a month later – booted off the AIM casino. Our when will Quindell shares be suspended prize sweepstake is HERE The Sunday Times report states:

Understanding Accounts from the Man who first exposed those of Quindell - new free book offer

Published 832 days ago

 Quindell (QPP) is the biggest scandal in the history of AIM. Rob Terry has made £25 million and investors have lost 95%. Soon it will be 100%.  The man who called a Quenron a fraud and worth 0p first was Tom Winnifrith. The fact that he was able to make such a call was down to his understanding of accounts and what to look for. In his best selling e-book, The 49 Golden Rules of Making Money from Shares Tom outlines some of what to look for in any company, the red flag alerts and the plus points as well.

Tom Winnifrith Bearcast: Himex the biggest fraud in the Quindell fraud on 2 counts

Published 832 days ago

Today's Quindell podcast concerns Himex which, within the stable of frauds that is Quindell (QPP), is the biggest fraud inflicted on investors. There are two levels at which this is a fraud and recent actions by Quenron show how desperate it is to cover this up. All is revealed today

Reader Comment of the day: what is Quindell trying to hide at Himex?

Published 833 days ago

Thanks to Paulie Walnuts for this gem on Quindell (QPP). What on earth can it be trying to hide at Himex? The scale of the panama pump perhaps? Over to Paulie:

Another problem for insider dealing Laurence Moorse at Quindell

Published 833 days ago

I guess the in-tray for Laurence Moorse,  the insider dealing Finance Director at Quindell (QPP), is getting to be a little on the bulging side: folks owed £180 million by the cash strapped company demanding immediate payment; letters from the FCA, letters from AIM regulation, the PWC memos on his dodgy accounting and now to add to his woes …Companies House has confirmed that its on his case.

Tom Winnifrith BearCast 12 December

Published 833 days ago

I am starting to feel quite ill and am looking forward to getting back to Bristol and heading off to bed with two cats as hot water bottles and a stiff whiskey. That is not a typo, emember my genetic origins. Ahead of that today's podcast exposed Paul Farrelly MP (Lab) as a useless POS, puts the Tories on the spot on AIM regulation and covers Naibu, Daniel Stewart and the new Daniel Stewart (ZAI), Hargreves Services and Quindell. I also look at tech stocks to short: Blur, Wandisco, Mopowered and Outsourcery

Tom Winnifrith on the spot video as Crony Capitalists at Daniel Stewart have champagne party

Published 833 days ago

Daniel Stewart held its champagne Christmas party last night. Its own shares are suspended as it does not have enough cash but the crony capitalists need to party on. I filmed this video outside to make a few points.

Tom Winnifrith's BearCast December 11 - Ready to get beaten up by Daniel Stewart goons

Published 834 days ago

I am preparing to film a crony capitalism special video outside the "champagne" Christmas party of disgraced soon to be ex Nomad Daniel Stewart. Its staff have publically said they want to beat me up for pointing out that they are wankers who float frauds. Maybe they were lying about that too. I also cover the new Danial Cesspit, ZAI Corporate Finance, Pressfit (DS client), Oracle Coalfieds,Ultrasis, Naibu, IGAS and, of course, Quindell ( a fraud floated by Daniel Stewart).

Table of changes in net short positions - week to 05/12/2014

Published 834 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details changes to net short positions in the last week (red if short increased, green if reduced)...

Rob Terry of Quindell should face AT LEAST 7 years in prison and a £19 million fine – how many times has he insider dealt?

Published 834 days ago

The chocolate teapots that are the SFO/FCA have prosecuted just 46 people for insider dealing and 29 have been found guilty and not one has been sent to prison. But the scale of Rob Terry’s Quindell crimes mean he should be the first. I suggest he face the maximum 7 year prison stretch and a fine of £19 million (fines can be unlimited) – the question is how many times has he dealt on inside knowledge.

Tom Winnifrith BearCast Rampage as Rob Terry dumps his Quenron shares

Published 835 days ago

No apologies but this Bearcast contains strong langauge. Fraudster Rob Terry has dumped nearly all his Quindell (QPP) shares. It is time for the morons to apologise to me as I am now 110% vindicated. I discuss lessons learned (other than do not mess with the Sheriff) and also what folks should do next. Start by apologising to me and my staff then have a measured go at Terry, AIM Regulation, Cenkos, Daniel Stewart, Canaccord and KPMG.

Rob Terry of Quenron dumps 24 million shares – what more do you morons need to know?

Published 835 days ago

Rob Terry told the Quindell morons that he would buy shares at 180p. Today it was announced that he had sold c24 million of his 37 million shares at c40p. What more do you morons need to know?

Tom Winnifrith's BearCast - 10 December

Published 835 days ago

I am back in Clerkenwell at Real Man Pizza if any Quindell morons or Daniel Stewart employees want to come and "deal with me". On the Bearcast today, Sefton Resources, dead cat bounces, Kenmare Resources, insider dealing, Mwana Africa and of course the fraud Quenron.

Table of most shorted shares in London - 05/12/2014

Published 835 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the most shorted shares (by total net short position %) and if this total position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE ('Position Holder''s in bold appear in the table more than once).

Quindell the Death March accelerates – when will the shares be suspended?

Published 835 days ago

What is happening at Quindell (QPP)? Blind panic is what is happening. That death is the outcome is now beyond all doubt, the only question is when and how. To win a bottle of freshly pressed olive oil from my Greek place enter our “when will Quindell shares be suspended sweepstake” here. This is fascinating as so many parties are involved.

When will Quindell shares be suspended? Prize sweepstake

Published 836 days ago

Another big fall today and the end is surely nigh. Quindell (QPP) exists, pro tem, thanks only to the support of its banks, the fraud is there for all to see with custodial sentences on the agenda for Terry et al in 2015.  When we wonder will the shares be suspended pending clarification?  Let’s have a sweepstake. And there is a prize.

Tom Winnifrith's BearCast - 9 December

Published 836 days ago

The last Bearcast from Greece. In this issue I cover Iomart, Coms, Tesco, ASOS, Concha, Fitbug and of course Quindell

An Open Letter to Laurence Moorse at Quindell – do a Sam Antar my friend

Published 836 days ago

Sam Antar was the finance director at Crazy Eddies, the biggest Wall Street fraud of the 1980s. Sam avoided prison by turning Queen’s evidence (or the US Equivalent). And he has saved his soul by now making his career exposing other fraudsters. In the spirit of Christmas I have some career advice for Laurence Moorse the FD at the fraud Quindell. My letter to Mr Moorse follows.

What the Quindell RNS really means – it means 0p, and here is why

Published 837 days ago

I could not have put this better myself. Posting on the Motley Fool, the incredibly astute Waz Shakoor (who is short of the stock) explains it in the clearest terms. This is going to 0p. Hat tip to Waz who writes:

Quindell Warning Bearcast: Implications for Rob Terry, Cenkos, shareholders - what next?

Published 837 days ago

I have just had a Quindell (QPP) shareholder on the phone. Not any old shareholder but a veteran of class actions. I warn you KPMG, Rob Terry and Cenkos you are potentially in big trouble, this man is very serious and knows exactly what he is doing. Ahead of that I examine what happens next for Cenkos, Rob Terry and shareholders. It is not pretty. And I now have new questions for the FCA about the scale of Rob Terry's insider dealing.

Quindell Profits/Accounting/cash warning - dependent on bank support - bearcast rampage from Tom Winnifrith

Published 837 days ago

All my work since I first used the word Red Flag in April 2013 has been vindicated. My scoops of this weekend on Quindell (QPP) have been shown as true - today's statement is a total disaster for Quenron. Bulletin board morons who abused and threatened me get your sorry arses round to Real Man Pizza today to buy a large pizza and expensive bottle of wine and give my fantastic staff a large tip to say SORRY. The following points stand out:

Oi Quindell are you sure your customers still love you? Tell us about Swinton

Published 837 days ago

Quindell (QPP) insists that its suppliers and customers still have faith in it and that none at all have been spooked by its shares falling 90%, its founder Rob Terry being sacked and investigated for insider dealing and the fact that Quenron is paying suppliers ever later. Of course that is patent bollocks so Quenron tell us about Swinton?

Weekly Financial video postcard #62 by audio - Quindell

Published 838 days ago

Rain stopped play. I cannot record a movie. Anyhow I have a face made for radio and so this week's video postcard is an audio in which I set out the stark choices facing Quindell (QPP) directors tomorrow: prison or telling the painful truth.

Why did Quindell buy a business from a convicted Nigerian Fraudster for £30 million Part 2

Published 838 days ago

On Friday I speculated that Quindell might have spent £30 million buying a business (ACH) off a gentleman who might have been a convicted Nigerian Fraudster HERE. I think we can now say that the Gentleman in question WAS ALMOST CERTAINLY the convicted fraudster.  Give that ACH (now known as Quindell ACH) is regulated by the Ministry of Justice do you perhaps think Quenron might wish to clarify the matter?

Quindell Quiz of the day

Published 838 days ago

This is a very easy one. I tried it on Victoria Geoghehan (pictured), Quenron’s (QPP) new PR bird at Bell Pottinger but she said “no comment”. Apparently her expertise is crisis management which, as far as I can see, means her firm getting paid £10k a month to answer all difficult questions with “no comment.” Fuck me, I am in the wrong game here. Anyhow back to the quiz.

Understanding Accounts from the Man who exposed those of Quindell - new free book offer

Published 839 days ago

Another day and Quindell (QPP) sprints towards the precipice once again. The man who called a Quenron a fraud and worth 0p first was Tom Winnifrith. The fact that he was able to make such a call was down to his understanding of accounts and what to look for. In his best selling e-book, The 49 Golden Rules of Making Money from Shares Tom outlines some of what to look for in any company, the red flag alerts and the plus points as well. And we have 50 more copies of that book to give away today. To get your book sent to you today, just fill in the form below

Optimal Payments – Time for More Equities First Clarifications

Published 839 days ago

With IGas (IGAS) seemingly having to issue re-clarifications every few days (and there will be more I fancy…) we turn once again to Optimal payments (OPAY_. We have already forced out two clarifications (after hours Fri 15 Nov and pre-market Mon 17 Nov buried in a trading statement). It is striking that of the six plcs caught up in the EFH scandal, three have come fairly clean – notably Angle (AGL), but Cloudbuy (CBUY) and Quindell (QPP) have revealed much. IQE (IQE) has been fairly forthcoming too. And then there are IGAS and Optimal, who are having information dragged out of them only with the greatest of reluctance. For those two companies, our rope – like their shareholders – is long and strong.

Quindell the Whistleblower Part 2 – the true balance sheet position

Published 839 days ago

In the wake of the exit of Rob Terry, the Quenron (QPP) CEO Rob Fielding communicated with CEOs of companies within the Quindell Empire and other senior staff and my whisteblower was in on what happened and the admissions are wholly at variance with market forecasts – this is damning.

Tom Winnifrith Quindell Bearcast Special - The implications of today's revelations

Published 839 days ago

Today's revelations on Quindell (QPP) are shocking. How do the Morons feel now knowing about the wage deferral, that they were mislead about the cash position on October 13 (market abuse) so they bought shares and Rob Terry, Laurence Moorse and Steve Scott were able to sell. How do they feel about that? You guys were suckered. Now you need to stop getting angry with me and start directing your anger towards a board that has stolen your cash. 

Open Letter to the FCA & AIM Regulation – Quindell and Market Abuse on 13 October 2014

Published 839 days ago

Market abuse covers many sins but one is to give a misleading impression of the value of securities as a result of false statements.  Quindell had told investors that it would achieve cash breakeven in Q3 2014. In fact it managed to beat this target thanks to a number of covert measures which hid the true picture. This is market abuse (FCA) but also a breach of AIM Rules. I have therefore written to both the FCA and AIM Regulation and cc’d in the hapless chumps at Nomad Cenkos demanding an urgent investigation.  I write:

Quindell Whistleblower Part 1 – The wages Scam, market abuse & Christmas payday laid out

Published 840 days ago

I was contacted yesterday by a senior management figure with the Quenron (QPP) group. We spoke at length and in part two of this series I will serve up a series of bombshells for you. But let’s start with a minor bombshell – the issue of when Quenron staff have and will get paid and of market abuse by Quindell.

The top 20 reported net short positions in London - 02/12/2014

Published 840 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the 20 highest net short positions and the changes (red if short increased, green if reduced) since a previous analysis HERE.

Quindell, the £30 million and the British Nigerian Fraudster (a coincidence I'm sure)

Published 840 days ago

I wanna tell you a shtoree.  And it involves your favourite fraudulent AIM listed firm Quenron (QPP), £30 million and a gentlemen called Andrew O’dua who is a British Nigerian er…entrepreneur.

November 2014: Changes in net short positions

Published 840 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details changes to net short positions in November (red in first table means newly disclosed short position(s) opened in the company in addition to the noted change - see in the second table)...

Tom Winnifrith's BearCast - 5th December

Published 840 days ago

I am in a good mood. The olive pickers are picking and I have a great Quindell article to come. Oh dear. It relates to today's Quindell Quiz. ETA 3 PM ish. Elsewhere I look at IGAS ( a warning for piggy Austin), Naibu, China Chaintek, Pressfit, Stellar Resources, ReThink (a scandal), ValiRx (a dog) and am cheered by the news that someone from Daniel Stewart last night told a colleague of mine that he wanted to beat me up. These folks who float fraud after fraud don't like it up 'em do they?

Quindell and Iter8 – the case of the gaps in the CV

Published 840 days ago

Today Quindell (QPP) has announced that it has issued c100,000 shares that it should have issued a few months ago to the vendors of Iter8 a POS Canadian company it bought last year. The company was founded and run by Mr Tim Scurry whose CV is fascinating. Yes its hand-outs for a Rob Terry mate par excellence.

Quindell Quiz Friday

Published 840 days ago

This is a very simple one for you all. I would like you to explain who Andrew Femi Odoula is? I know and have put calls into the PR firm now representing Quindell (QPP).

Tom Winnifrith's BearCast 4th December - Once again Angry Edition

Published 841 days ago

Once again I am angry for reasons that I shall go into another time. But on that basis I let rip in this podcast at African Consolidated, Acta SPA, Quindell and then review the various clients of disgraced Daniel Stewart whose shares may be suspended soon: Valirx, Peer TV, Naibu (a cert), Pressfit and China Chaintek.I also discuss the abject failure of AIM in dealing with those individuals responsible for listing frauds.

What a Quindell Moron does in his spare time…blackmail and lie

Published 841 days ago

When will these thick bastards realise that what happens to my business will not alter the fate of Quenron (QPP)? I keep accusing it of fraud and lying and although it blusters it will not actually sue me for libel because it is a fraud run by liars. And it will go bust. So as the Morons watch their life savings disappear here are a couple of things that they do.

Avanti Communications the new share price Quindell

Published 841 days ago

In a private note sent to clients yesterday but not published one of London’s sharper brokers asked the question, in share price terms is Avanti Communications (AVN) the new Quindell (QPP)? He writes:

Trade Body warns members on Quindell’s ability to pay debts – just how bad is the cash crisis?

Published 842 days ago

It is 13 years to the day since the fraud Enron went bust. Right until the last it insisted that it was in rude financial health. Ditto Quindell (QPP). But some of its trade suppliers are not so sure. The National Association of Bodyshops has today explicitly warned its members of the dangers of doing business with Quindell.

Table of most shorted shares in London - 28/11/2014

Published 842 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the most shorted shares (by total net short position %) and if this total position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE ('Position Holder''s in bold appear in the table more than once).

Tom Winnifrith BearCast Special - Understanding Tangible Net Assets

Published 842 days ago

Just to try and explain what TNAV is but also to take issue with a brewing scandal on the AIM Casino which is the way that audit forms have failed to review carrying values in a most grotesque if not negligent manner. My case studies are three companies now at death's door all of which have boasted of mammoth asset backing: Sefton Resources, Beacon Hill Resources and Quindell and I reference recent conversations with my pal Sam Antar.

IGas – now about that margin call on piggy wiggy Andrew Austin’s EFH dodgy share deal, clarification needed (again)

Published 842 days ago

Things are hotting up for AIM Cesspit-listed IGas (IGAS) and its beleaguered CEO Andrew Austin in relation to his  ‘loan’ deal with Equities First Holdings LLC. I remind you that this is a one-product finance company, and we have read one of its loan-deal contracts held on the SEC website in the US very carefully. Thus far we have not yet seen a British one, but we think it will be largely the same. Some of the AIM companies caught up in the EFH scandal have been rather more open than others when it has come to clarifying details of the deal. And that brings us back to the issue of margin calls.

Quindell Bulletin Board Moron of the Day – Or is it parody? It is hard to tell these days..

Published 842 days ago

Are these folks certifiably insane or is this parody? You really just do not know these days but this post has it all: a blinding faith in Rob Terry, total lack of historic knowledge, ludicrous bid story, technical analysis, total innumeracy and the Harriet Green to be CEO story. Could this be the most brainless Bulletin Board Moron yet or is just an attempt at humour. Given how many loons here are out there I suspect the former and Jerry2Toes is the Bulletin Board Moron of the day. From the ADVFN Asylum I bring you: 

I want this company to float on the AIM casino – Snake Oil Limited

Published 842 days ago

Okay the company is dormant. It does nothing at all. But at least it is honest about that fact unlike most companies on the Casino.

Tom Winnifrith, talking Death Threats, Red Flags, Forensic Accounting, Quindell & More at UK Investor on April 18

Published 843 days ago

Quindell is unravelling at a rate of knots. Once the biggest stock on AIM probably will not exist by the time of UK Investor on April 18 2015. And the man who exposed the lies and fraud was Tom Winnifrith. For his efforts he received bullying lawyers letters from Quindell and death threats from its shareholders. And that has spurred a special new session at UK Investor 2015.

Quindell – the Buying silence is deafening: questions? Questions?

Published 843 days ago

Quindell (QPP) shares have dived again today to just 57.75p. Remember when they were 600p plus and all those analysts who now refuse to tell you to buy said that the shares were worth £10 plus? Oh Daniel Stewart, Canaccord and Cenkos where are you now, you bent motherfuckers? The questions today concern the lack of buying.

Tom Winnifrith's BearCast 2nd December - New China AIM POS Revealed

Published 843 days ago

Rain delayed play on the olive harvest but is now back underway again but without me for this afternoon as I have business to attend to in Kalamata and you, my dear listeners, to satisfy with the revelation of a NEW China AIM stock capitalised at £88 million which shouts out red flag. I also comment on Forbidden Technology, Tyratech and growth stocks that stumble, on Ortac Resources, Beacon Hill Resources and raise a few points about the fraud souffle that is Quindell

Rob Terry is a fraud says Evil Knievil – Video of ShareProphets seminar 24th November

Published 844 days ago

Infamous bear raider Evil Knievil was the guest speaker at the ShareProphets seminar on 24 November and did not hold back with his views on the market, a stock that he views as a slam dunk short and Quindell whose boss Rob Terry was described as a fraud. The video of Evil can be viewed below.

Tom Winnifrith's BearCast 1st December as the Olive Harvest gets underway

Published 844 days ago

The Olive harvest at the Greek hovel is finally underway and so it is a late BearCast. On the agenda: Beacon Hill, Radiant Growth (a Daniel Stewart special), Xplorer (a disgrace), Petroceltic, Rose Petroleum, Quindell (a fraud) and New World Oil & Gas (a total shocker).

The top 20 reported net short positions in London - 27/11/2014

Published 844 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the 20 highest net short positions and the changes (red if short increased, green if reduced) since a previous analysis HERE.

Quindell the next 10 bagger? What do you call a group of Quenron shareholders competition result

Published 844 days ago

I kid you not, someone has just started a thread on ADVFN Quindell the next ten bagger.  The Quindell(QPP) morons are in full cry today convinced that a 1p rise in the share price discredits “the blogger” completely and shows that they are on their way to untold wealth. WRONG. Rob Terry is sitting on £7 million because he’s dumped stock, the morons are heading for poverty. So what do you call a group of Quindell shareholders, we asked for your suggestions for the collective noun on Saturday.

The ShareProphets Christmas Charity Single…Feed the Morons

Published 845 days ago

Tomorrow I will be calling rock stars from across the bear community as we need to think of those less fortunate than ourselves. It is time to record our charity single… Feed the Morons. The message has gone out to Gotham City, Evil Knievil, Paul Scott, Lucian Miers, Paddington Bear, Matt Earl, John Hempton of Bronte, Sam Antar, Muddy Waters, Citron Research, Nigel Somerville, A Huntsman, Dan McCrum, Paul Murphy, Pizza hardman Darren Atwater, Cockney Rebel and Kevin Ashton. We gather tomorrow in Clerkenwell to raise money for those facing a bleak Christmas, Quindell staff and shareholders as we record Feed the MoronsDo they know it’s Christmas?.

A New Bulletin Board Moron of the Week Competition

Published 845 days ago

It strikes me that we are showing favouritism to Quindell owning morons. This is a bit unfair. We should not discriminate against those morons who are backing Fitbug at any price, who think Coms is heading back to 10p or who also own Monitise, blinkx, Globo and Cupid as the remainder of their balanced portfolio. And so to win a bottle of wine this week you can post the most insane comment from any thread on any Bulletin Board below. In the event of a tie-break, a Quenron entry wins but the LSE Fitbug asylum does look a good place to search for winners.

When will Quindell pay its staff for December? Serious Question

Published 845 days ago

At RMPC we normally pay staff in the last week of the month but in December we will pay my heroic colleagues on the 15th or thereabouts. Nearly all companies pay staff early in the festive month so that they can pay for the vile consumerist event that Christmas has become. I am sure Quindell staff were paid early in 2013 as the company had just completed a £200 million placing. But what about 2014?

What disgraced IGAS boss Andrew Austin should do now

Published 845 days ago

Last week IGas (IGAS) accompanied a dire set of results with another statement regarding the shabby dealings of CEO Andrew Austin with the dodgy American firm Equities First Holdings LLC. As usual it was deceitful and inaccurate.

Setting the record straight on who has lost credibility & on some of the Quindell smears

Published 845 days ago

Just a short podcast setting the record straight on some of those smears against me by Quindell morons - no doubt assisted by the company. And also asking who really has lost credibility here?

Quindell a Court Judgement from the Himex case in the US in full. Hmmmmm

Published 845 days ago

Well I can’t say that Quindell’s attempt to get a summary judgement on this little matter is going terribly well. I bring you in full the judgement of Judge Travis J Laster from 14th October 2014. You can draw your own conclusions but I put it to you that it provides little encouragement for the morons.

Weekend Competition on ShareProphets – The Collective Noun for Quindell Shareholder is?

Published 846 days ago

A group of Lions is a Pride. A group of Sheep is a Flock. It is a troop of baboons. It is a destruction of wild cats, it is an implausibility of gnus and a storytelling of Ravens.  So what do you call a group of Quindell (QPP) Shareholders? Reader Chris suggests “a catastrophe” or a “mugging”  “a catastrophe of Quindell shareholders” has a good ring to it but perhaps you can do better? Post your entries in the comments section below, deadline is midnight Sunday.

Quindell Red Flag of the day 2 – Overland – give your mates shares and then bury the bad news

Published 846 days ago

The stench of fraud, corruption, lies and deceit at Quenron (QPP) is now obvious to all but the biggest moron. In their desperation the shareholder morons (assisted by Quindell itself) throw ever nastier and more misleading rubbish at the critics, notably me.  My response, I am not flinching I fight lies and smears with proof of FRAUD. Let's reveal another scandal at Quenron.  This will horrify you. Meet Overland and meet Jason Cale. 

Quindell Red Flag of the day – Let’s Look at Isaas Technology Ltd

Published 846 days ago

I have not looked at a subsidiary account at Quenron (QPP) for a while but just to save the SFO/Administrator some work in due course here’s another one, Isaas Technology Ltd a company bought in March 2013 for £4.5 million in shares. Hmmmm.

Tom Winnifrith Bearcast special - That Quindell "contract loss" explained

Published 846 days ago

Quindell (QPP) denied on Friday that it had lost a contract with a leading North West based Claims Management Company. Hmmmmm. In this podcast I look at the nature of what that contract originally meant and why the contract has not been terminated (yet) but what is really going on. The reality is that the cash crisis at Quindell and the need to fiddle its stated cash position is forcing Quenron to take actions of which investors have no idea. Let me enlighten you all.

Another TWO bullyboy lawyer’s letters from Cannacord – boy they are ashamed about Quindell

Published 846 days ago

We have received not one but two MORE bullyboy lawyers letters from Canaccord. The adviser to Quenron’s abortive move to the main market and until last week co-broker to the fraud that is Quindell does not even want us to quote from its recent volte face note on Quenron. You will no doubt have seen Canaccord notes on other matters quoted verbatim widely all over the media. So why is it so ashamed of this research report?

Two NEW share tips TODAY from the man who exposed Quindell

Published 847 days ago

Not flinching once despite threatening lawyer’s letters, wholesale harassment abuse and even death threats Tom Winnifrith has over the past six months clearly exposed the fraud and lies at the heart of the Quindell (QPP) soufflé. He did this using forensic analysis and is using the same skills to today serve up two new share tips on two sites.

Tom Winnifrith's EVEN MORE ANGRY Bearcast - 28 November

Published 847 days ago

The Albanian olive pickers have still not arrived and may well be replaced with Greek workers later today. I am now very angry. Will I make it home by Christmas at this rate? In this podcast I look at Range Resources (RRL) - suspended again and reveal the REAL story of my battle to tell you the truth about this POS - Beowulf Mining, Kalimantan Gold, Daniel Stewart, Naibu, Pressfit, China Chaintek, Gulfsands Petroleum and of course the fraudsters at Quindell

Get the Serious Fraud Office to Investigate Rob Terry of Quindell – sign the petition

Published 847 days ago

Of course this is the UK and the SFO are bloody useless just like the FCA and AIM Regulation. If this was the US there would have been a dawn raid on Quindell with arrests at homes across Hampshire give the wholesale fraud at this POS AIM casino company. However… 

New Reader Poll – when will Quindell shares be suspended pending Clarification?

Published 848 days ago

The poodle reporters on Interactive Investor have hitherto not dared to annoy their readers by criticizing Quenron but even a poodle has teeth and today it has reported that Quindell has lost a major contract and – worse – cannot pay suppliers until the New Year. In other words tits up time looms. Hooray! That will be another celebratory Metaxa for me please Eleni. So when does the RNS arrive. You vote – deadline midnight UK Time, 2 AM Greek Time. 

San Leon – Fanning has got to Go!

Published 848 days ago

After a brief look at the San Leon (SLE) accounts for 2012 into 2013 I feel even more aggravated by the strokes pulled by directors on the take. Today we hear the confessions of a CEO from IGAS Mr Andrew Austin who through RNS release admits his part in the Equities First Holdings LLC facility here . It would seem that the markets are not really clear on such deals but looking at the Quindell (QPP) saga you can just feel which way this is going to end up for Austin. I'm sure writers will be lining up to pull the CEO apart by his bullshit statements of how he's aligned to his shareholders yadda '' Frack off Austin, you are full of shit ''  

The wankers at Canaccord send pompous lawyers letter as it hides its shame on Quindell

Published 848 days ago

When Canaccord was ramping Quindell with its crap research notes it was happy for them to be plastered all over the internet. It fired analyst Kevin Ashton who wanted to say sell and ignored his dossier on crimes at Quenron as it just wanted to earn vast fees and commission for acting for Quenron or raising cash for it. How times have changed.

Tom Winnifrith's ANGRY Bearcast - 27 November

Published 848 days ago

The bloody Albanians have again not turned up - will the olives ever get harvested? And so this podcast is angry and covers Transense Technology, Sefton Resources, Maple Energy, Fitbug, Quindell, crony capitalists, investing companies and the AIM Casino and why shares are not suspended that should be

Musical EXCLUSIVE Sefton Resources – Board Meeting today to discuss going into Administration

Published 848 days ago

And now my friends, the end is near, it’s time to face the final curtain. Meet Sefton Resources (SER) the last company to sue me for libel. Of course Quindell (QPP) never actually served papers it just announced that it was going to and wasted shareholders cash on expensive lawyers (see HERE) to try to stop me exposing its lies and fraud. But for Sefton I have a song from Frank because the Board is Meeting today.

Tom Winnifrith Red Flags – Bulletin Board Morons publish Real Man Pizza Accounts!

Published 848 days ago

RMPC is a private company and so feels no need to report bogus profits to ramp its shares like er…Quindell (QPP). It will make no difference to the fate of Quindell (insolvency) whether RMPC survives or fails. But since some utter moron (Goldust88 from the LSE Asylum) has posted highlights of our August 31st 2013 accounts raising six red flags about me, which other cretins have plastered on other asylums, I might as well respond.

CROOKS: Rob Terry and Laurence Moorse BOTH let margin calls lapse – sacrifice Quenron shares & trouser £7 million.

Published 848 days ago

First thing today we heard that hapless (soon to be ex) Quindell (QPP) finance director and insider dealer Laurence Moorse had received a margin call under his Equities First Holdings LLC shoddy share sale/loan deal. Larry did not met the margin so officially said goodbye to 20,000 shares. After hours it was revealed that fraudster in chief Rob Terry had made the same call so waving goodbye to 8.85 million shares.

Outrageous IGas RNS obliterates Andrew Austin’s credibility & career

Published 849 days ago

How stupid does the board of IGas Energy (IGAS) think its shareholders are? This is an interesting question to reflect on this afternoon, after the company released this morning’s disgraceful RNS in pitiful defence of CEO Andrew Austin’s “Sale & Repurchase” agreement with Equities First Holdings LLC. Despite all the evidence to the contrary, IGAS is still desperately trying to portray this arrangement as a bona fide loan. This is madness. It is lying to its shareholders and the statement - coming after fairly dismal interims earlier - is a disgrace. Austin should be sacked at once.

Quindell – now about your audit?

Published 849 days ago

It seems perfectly possible that by the time Quindell (QPP) gets to having its books audited in February/March it will have run out of cash (see mounting evidence of that from D&B and elsewhere in today’s Bearcast HERE) but let’s assume, generously, that it is solvent then – what happens next?

Table of changes in net short positions - week to 24/11/2014

Published 849 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details changes to net short positions in the last week (red if short increased, green if reduced)...

Tom Winnifrith's Bearcast - 26 November, Quindell investors in denial edition

Published 849 days ago

I touch on a few other companies in this podcast, notably 3Legs Resources, Wandisco and Security Resources which is leaving the AIM casino. But I focus on Quindell analysing how and why its remaining shareholders are simply in denial. I also discuss at length today's bombshell research note from Canaccord (HERE) and what it means. It means death and 0p.

Quindell - the actual note revealed as the sinner Canaccord repenteth

Published 849 days ago

Well here you go. You will note the lack of any earnings forecasts. This is a total climbdown from Canaccord on the company that just six months ago it was trying get a Full Listing for. It was also trying to help Rob Terry flog £30 million of his own shares as recently as April. A link to the full note is below.

BREAKING: Quindell – now Canaccord sticks the knife in: new research note in full

Published 849 days ago

Canaccord has not only quit as broker to Quenron (QPP) but it has now withdrawn its forecsats, buy stance and target price. In a note packed with red flag alerts it says its stance is “under review”. As I explained here the other day that means SELL!  The note reads:

Tom Winnifrith's Bearcast - 25 November (my best yet I think)

Published 850 days ago

Angered by the failure of my Albanian workforce to turn up and start the olive harvest I felt on fire today in what will be my longest and (IMHO) best bearcast to date. On the agenda: overdraft vs long term debt in a PLC, Iofina, Acta, Eclectic bars, Quindell, Thalassa, price vs value, Concha, Fitbug, crony capitalism on the AIM casino, Motive TV, Harvey Nash and Interquest

Star ex Canaccord analyst Kevin Ashton says Quindell will go bust and more on that note Rob Terry got supressed

Published 850 days ago

Kevin Ashton, the analyst that Rob Terry of Quindell (QPP) forced Canaccord to sack because he would not advise investors to buy the shares, last night predicted that Quindell would go bust as more details emerged on the note that Terry managed to supress.

The AIM shares investors are short of - 20/11/2014

Published 850 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the AIM shares investors are short of (linked to recent ShareProphets coverage of them).

Letter to the FCA: Robert Fielding CEO of Quindell is Guilty of Insider Dealing – please investigate

Published 850 days ago

We already know that the FCA is investigating Rob Terry, Steve Scott and Laurence Moorse of Quindell for insider dealing – they are clearly guilty in that they sold millions of quid’s worth of shares knowing that join broker Canaccord had quit but without letting the market know that. But now I also accuse CEO Robert Fielding of insider dealing and wonder if this is why Canaccord quit on October 21st. I have written to the FCA (and cc’d in AIM Regulation as well as the chumps round at Cenkos) asking that the FCA widens the Quindell insider dealing enquiry to include Fielding.

The top 20 reported net short positions in London - 20/11/2014

Published 850 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the 20 highest net short positions and the changes (red if short increased, green if reduced) since a previous analysis HERE.

Tom Winnifrith's Bearcast - 24 November

Published 851 days ago

The day before the start of the olive harvest is a day full of profits warnings. Tom discusses earnings visibility, the critical reason why AIM is failing, Naibu, Mopowered, Quindell, Verdes Management, Avingtrans, International Ferro Metals, investing in South Africa, Maple Energy. Fitbug and Oilex

The Sixth Quindell Bulletin Board Moron of the Week Winner Announced – Mr Robert Simon Terry

Published 851 days ago

Once again we enjoyed an amazing raft of entries showing the lunacy of some folk – you can see the full selection HERE. But there could be only one winner and if CG79 wants to contact me to get a bottle of wine, I congratulate him or her for this spot from the asylum that is “RNS posts signed off by Cenkos” –this is a classic.

A Very Simple Question for Rob Terry of Quindell

Published 851 days ago

Dear Rob, I have a very simple question for you regarding your shareholding in Quenron (QPP) and your shoddy deal with Equities First Holdings LLC.

The Quindell Twitter/Bulletin Board Moron of the week completion – week six

Published 852 days ago

Will this be the final week of Quenron (QPP) as a listed company? It may well be. And so this might just be the last Quindell Bulletin Board/twitter moron of the week competition. It has been fun while it lasted!  As ever there is a bottle of wine as a prize for the person who can spot the most idiotic Bulletin Board post or tweet by a Quinnovation Group Shareholder. As ever

Weekly Financial Video Postcard #60 - Is the City analyst system totally bent?

Published 852 days ago

Prompted by the Kevin Ashton, Quindell and Canaccord revelations HERE but also by the pickle Daniel Stewart finds itself in with Naibu Tom Winnifrith explains why the City analyst system is inherently bent and conflicted in this week's video postcard.

Quindell & The Cash Crisis - a company behaving as if it is on the verge of bankruptcy

Published 852 days ago

Following on from comment in today's Telegraph I reveal the truth about the NARS stake and discuss all the signs that the company is behaving is if it is on the verge of bankruptcy. I ask a question of Canaccord about a rescue placing and note how Quindell (QPP) can string things along for a while and what it needs to do to come cllean and tell the truth for once.

IGAs & Total – is this why the company and hapless Nomad Jeffries won’t fess up?

Published 852 days ago

In yesterday’s piece HERE   I discussed IGAS and its takeover of Aussie-listed Dart Energy with regard to disclosures not given to Dart’s shareholders about IGAS CEO Andrew Austin’s EFH ‘loan’ deal as announced by RNS on 16 Jan 2014, which had stated that Mr Austin had transferred shares in the company to Equities First Holdings as security for a loan. All the other companies caught up in the EFH scandal have clarified that the deal did involve the handing over of title and voting rights to EFH (i.e. they were disposals) albeit the ‘loan’ deal contains an option to buy the shares back. But IGAS and its Nomad still refuse to concede that Mr Austin’s deal was the same. So now we come to the farm-out deal with Total and its implications, the potential ugliness of which might finally get a full disclosure of the EFH deal out of IGAS and its ostrich of a Nomad.

Kevin Ashton, Canaccord and Quindell - the REAL truth and the hard questions

Published 852 days ago

The Sunday Times today carries some but not all of the story of how Rob Terry of Quindell (QPP) forced Canaccord to gag and then fire its star analyst Kevin Ashton. In this podcast I give you the full story and the questions it raises mainly for Canaccord. Its reputation is now in tatters and it has serious questions now to answer. It needs to come clean

Alpha Returns gets a prod from Companies House – but this is a symptom of ANOTHER AIM Casino scandal breaking

Published 853 days ago

I noted in my article HERE  that the company formerly known as Digital Learning Marketplace plc (DLM), then Shidu Capital plc (SDC) and is now called Alpha Returns Group plc (ARGP) has a subsidiary called Shidu Investments Ltd, which filed just an abbreviated balance sheet as its annual accounts to April 2013 under a smaller companies exemption. But as part of a group of companies containing a plc this exemption does not apply. I wondered why the board of Shidu Investments had seemingly broken the rules: was there something to hide?

Tom Winnifrith BearCast - Roble sinned but did not break the law - Quindell committed crime

Published 853 days ago

Lets nail this Roble issue in a short podcast. The hedge fund shorted Quindell (QPP). There was a deliberate event to avoid transparency which I argue is wrong. But no laws were broken. The laws need to change. On the other hand Quindell and its Board have broken numerous laws. That is the issue. Bulls keep playing the man not the ball. It will not save Quenron

Table of most shorted shares in London - 20/11/2014

Published 853 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the most shorted shares (by total net short position %) and if this total position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE ('Position Holder''s in bold appear in the table more than once).

The other shorts of Quindell's biggest shorter Roble

Published 854 days ago

As noted earlier by Tom Winnifrith, the identity of Roble S.L. (as well as other shell companies Fest N.V., Blau GmBH and Fresco S.R.L.) has been revealed (as being the work of New York hedge fund giant Tiger Global). The following looks at how its FCA-declared UK shorts have performed and its currently disclosed short positions here.

Tom Winnifrith Bear Cast 21st November - hard to be bearish, but.. Coms Special

Published 854 days ago

It ia hard to be mean to anyone today given how splendid Greece is looking, how warm it is and how relaxed I feel. But if you insist...it is time to take a detailed look at Coms. I also cover bear squeezes, Quindell, Beacon Hill and African Minerals

What Would I do now if I was Rob Terry of Quindell?

Published 854 days ago

So far my cunning plan to help Rob Terry get as much cash as possible before the Quindell (QPP), cough, cough consultant goes to prison is working brilliantly. I advised him to resign HERE and he duly took my advice. Rob I have already accrued a £10,000 consultancy fee for that can you be a good fellow and post me a cheque with a small portion of your ill-gotten gains. Now what next?

Tom Winnifrith's BearCast 20th November from the Greek Hovel

Published 855 days ago

I have finally made it to the Greek Hovel but have faced a few logistics issues. But i am now online and cracking on and so BearCast is back and normal service resumes tomorrow. In today's podcast I cover Globo, Outsourcery, Quindell, African Minerals, what is an RNS Reach and a liquidity event.

Quindell Downfall Video Number 3 - the final days

Published 855 days ago

As I was sitting on the bus down from Athens to Kalamata a few lines came to me and so back by poular demand here is the third Quenron (QPP) downfall video. The share price was 138p with Downfall One HERE, 69p with Downfall 2 HERE and now it is time for the third in the series. Enjoy.

Table of changes in net short positions - week to 18/11/2014

Published 855 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details changes to net short positions in the last week (red if short increased, green if reduced)...

Open letter to AIM Regulation; add your voice to the calls for an investigation into Quindell

Published 855 days ago

According to the Daily Telegraph, the London Stock Exchange has begun an investigation into Monday’s share price fall of Quindell (QPP). Specifically, the Telegraph believes that the LSE, and by extension AIM regulation, is going to examine whether or not the company withheld price sensitive information, when broker Cannacord Genuity submitted its notice of resignation on October 21st. Given the market reaction to this news on Monday, when Quindell finally bothered let its shareholders know this slightly important little titbit of information, it is probably fairly safe to assume that Cannacord’s notice of resignation was price sensitive.

Lloyds May Now Be the Best Bank on which to Risk Your Cash.

Published 855 days ago

Hello Share Mashers. Each time I do a piece about Lloyds Group (LLOY) it shoots to near the top of the Shareprophets 'most read' list.

Hear Tom Winnifrith on Quindell in a Red Flags MasterClass at UK Investor Show

Published 856 days ago

In light of recent events we have scheduled in a new session at the UK Investor Show on April 18 2015 – Tom Winnifrith, Quindell, being the Sheriff & a Red Flags Master Class and Tom will be joined on stage by a celebrity guest. More on that later but if you book seats for the show now using the promotional code SP25 you can get a discount of 25% - this offer ends on December 1st – book HERE

EXCLUSIVE: National Accident Repair – Quindell begging for someone to buy its stake – cash clarification needed NOW – DEATH IMMINENT

Published 856 days ago

Quenron (QPP) owns 24% of AIM listed National Accident Repairs which is a good company, well run by a solid management team and which HAS DONE NO BUSINESS AT ALL WITH QUINDELL. It is not tainted by the implosion of Quindell or by its frauds but Quindell is at death’s door cashwise. We have it fully sourced that Quindell has been touting its stake (nominally worth c£8 million) seeking any offers at all. It is desperate to sell. Its as is almost gone. can it even meet November payroll, which is now paid in December in order to mislead investors regarding the quarterly cash position? 

THAT Cenkos note suicide bombs AIM's flawed Nomad system

Published 856 days ago

On Friday November 7th Cenkos issued the above broker note to justify Robert Terry, Laurence Moorse and Steve Scott’s share disposal to Equities First Holdings. Littered with glaring errors, this “clarification” is such monumental drivel that even the arch apologists over at QPPSAG have quietly removed reference of it from their homepage (though you forgot to delete the promotional Tweet chaps!). I note that Cenkos analyst Andy Bryant has apparently today "left the building." Nothing to do with Quenron, natch.

The Questions that Remain for Quindell & its disgusting Nomad Cenkos

Published 856 days ago

Quindell is a fraud. It has lied to investors and since it never generates cash it is worth 0p.  Right now the shares are 49p – and falling – and in today’s BearCast I explain why the fall to 0p might be steady or dramatic. But for now we pretend that with Rob Terry on the board it is a normal business. This is a pretence and needs to be addressed. Here are ten questions hapless shareholders need to be asking.

BearCast with Tom Winnifrith - 19th November

Published 856 days ago

I am looking out at a car park at Athens Airport. Shortly the trek down to the Mani and the Greek Hovel begins But before then a podcast covering the shockers at Blur Group. Outsourcery, Enterprise Inns, Aga Rangemaster and profits warnings generally and of course my old pals at Quindell and its end game scenarios.

Being an Investor and writing about shares

Published 856 days ago

I’m sorry it’s been a while that I’ve written. I have been doing lots of other things, mainly to get more money to invest in shares, but I still should have written more. I’ve been doing lots of ‘active research’ including travelling to shareholders meeting and more ‘in depth’ personal research into companies that I own, but that’s still no excuse. I’ve kind of had a bit of ‘writers block’ but there’s something interesting on my mind now which hopefully I can express.

Is AIM Uninvestable? No. But….

Published 856 days ago

The AIM Index has underperformed all comers by a handsome margin in 2014 just as it did in 2013. The Equities First Holdings LLC scandal has added to the sense that this is a crony capitalist market where the many (mug punters) put up cash to have it transferred to the few (City advisers and greedy and often dishonest directors). The looming collapse of Quindell, a firm once valued at almost £3 billion, will only add to the stench.  And yet the LSE – which owns and regulates AIM – acts as if nothing is wrong. As each week goes by and another scandal emerges, another company is shown to have lied, another one goes tits up this position becomes all the more indefensible. No wonder some folks are just giving up on the casino altogether.

Open letter to the FCA; investigate Rob Terry, Steve Scott and Laurence Moorse for market abuse

Published 857 days ago

I’d love to believe that this morning’s statement from the disastrous, discredited and detestable Rob Terry is the last we will hear from this awful man in an RNS. Sadly I fear it won’t be, unless the authorities launch an immediate investigation into Quindell (QPP). Prior to listing Quindell, Terry’s record at the Innovation Group was there for all to see and red flag warning signs were waving long before Tom embarked on his valiant campaign. Once again, the “world’s most successful growth market” has fallen woefully short in offering British private investors any sort of genuine protection. The brokers, Nomad, PR firms and corporate advisors have all been paid handsomely, while thousands of ordinary people have watched their life savings evaporate. This cannot be acceptable. There are dozens of reasons why the FCA and AIM Regulation should investigate Quindell, but let’s begin with a first complaint of market abuse to the FCA. 

Tom Winnifrith's final BearCast of 18 November

Published 857 days ago

Right that is it. I am off to the airport and to Greece. I am knackered. I pity the poor sod next to me on the flight as I shall snore all the way to Athens. I leave you with a final Bearcast of the day covering Quindell, Concha, Amiad Water and profits warnings/equity valuations.

Brazen Rob Terry pockets ill-gotten EFH funds and continues to squeeze Quindell indefinitely

Published 857 days ago

He could have just left. He should have just left. But no, Rob Terry had to have the final word. He had to wring every last drop of blood from the Quindell (QPP) stone. He couldn’t resist that final “f*** you” of a fake farewell to his shareholders, people whose trust he abused and savings obliterated. And what a “f*** you” it was!

Tom Winnifrith BearCast Special: Quindell fallout 2 - the Dismal serial failure of AIM Regulation

Published 857 days ago

According to The Times today, the Sheriff of AIM has for the past five years been a fellow called Marcus Stuttard - no offence, phoney Sheriff, but you are useless. You are Inspector Clouseau and your team are the Keystone Cops. You could not spot a felon if I took you on a guided tour of Rob Terry's next home, that is to say Wormwood Scrubs. Your inaction against miscreant Nomads and companies that tell lies and commit fraud is legendary across the globe. That is why the AIM casino is viewed as such a joke. In this podcast I look at how and why Mr Stuttard and his team have failed us all so badly and why they are simply not fit for purpose.

Crook Rob Terry walks from EFH deal on margin call – what about the others, especially IGAS?

Published 857 days ago

Today it was announced that the liar, insider dealer and fraudster Rob Terry was stepping down from Quindell (QPP). But he also announced that:

Tom Winnifrith's bonus BearCast as Rob Terry forced to quit - what next for Quenron

Published 857 days ago

"Bulletin Board Morons, Cenkos Securities, Steamy & the QPPSAG, Zak Mir at t1psTV, Alan Green, Redleaf PR we have beaten them all, we have beaten them all. Rob Terry, can you hear me? Rob Terry your boys took a hell of a beating! Your boys took a hell of a beating!” And so today’s BearCast special begins. Rob Terry has been forced to quit Quindell but has he really left – what next for this company which is a fraud…

Tom Winnifrith Bearcast the Quindell fallout - Fleet Street is part of the problem not the solution

Published 857 days ago

I am not in a fit state to write much today so I shall communicate via BearCasts. There will be a regular podcast later but ahead of that I shall run a series of Quindell fallout specials. I start with the role of the dying industry that is Fleet Street and the deadwood press. It is part of the problem of crony capitalism and corruption on the AIM casino not the solution as I try to explian here.

Santa’s Little Helpers – Comments section uncovers more on Equities First share sales

Published 858 days ago

ShareProphets has some intelligent people leaving comments on the articles written. The IQs must be about 2 Standard Deviations higher than that of a chat room poster, to judge by the response I receive, and the commentators’ research has sometimes been better than mine.

Christmas Party Invitation from Tom Winnifrith to Rob Terry of Quindell

Published 858 days ago

Tonight is the Real Man Christmas party and please do not let it be said that I am a bad winner or do not have sympathy for my fellow man even if that man is a liar, fraudster and insider dealer like Rob Terry of Quindell (QPP). And so I have just dropped Mr 2+2 can = 5 an email.

Tom Winnifrith's BearCast 17 November, the coke, champagne and hookers are on ice edition

Published 858 days ago

Tonight we party. I am a very happy bear. The Real Man Christmas party is now a V Party. that is V for Victory and V for Vindication. Quenron (QPP) is on the ropes. In today's podcast I cover Quindell, President Petroleum, Tern and my old "mate" Angus Forrest, Camkids and China frauds, Cenkos, Forte Energy, mining juniors and more

Quindell Bulletin Board/Twitter Moron of the week (5) – winner announced

Published 858 days ago

Once again we were inundated with entries for the Quindell Bulletin Board Moron/twitter moron of the week contest. I was almost tempted to give a retrospective prize to this comment from March from a Mr R Terry of Hants “The only question is whether Quindell goes in the FTSE 100 or the FTSE 250, a main market listing is just a tick box exercise.” Rob that was a stormer but this week’s entries were even better – you can see all of the madness HERE  And so to the winner.

Quindell - Now the PR spinners at Redleaf Polhill quit the sinking ship - new reader poll on which adviser quits next

Published 858 days ago

Well done to foxy Bex and her colleagues at PR outfit Redleaf Polhill, until now the spinners for the liars, fraudsters and insider dealers at Quindell (QPP). Foxy and her team have today quit. And it gets better..

Insider Dealing added to Rob Terry’s Rap Sheet – Canaccord quits Quindell: Terry going to prison, Quindell to 0p

Published 858 days ago

Rob Terry you are a liar, a fraudster and now I also accuse you of insider dealing. I shall not rest until you go to prison you low life vermin criminal. For today we discovered that you and your FD Laurence Moorse and NED Steve Scott sold vast numbers of Quindell shares while withholding price sensitive information – that Canaccord, your joint broker and sponsor of your failed main market listing application had quit.

The Exceptionalism of iGas, and the lessons of Morris v Equities First, LLC

Published 858 days ago

Forget today’s news that a well has been spudded in some grim Northern welfare addicted hell hole. Let’s deal with the real issue here. On Friday 14th November iGas released a terse announcement: “IGas Energy notes the recent movement in its share price and confirms the detail contained in the statement on 16 January, in respect of Andrew Austin's facility with Energy First Partners LLP, is full and correct disclosure for the purposes of the AIM and Disclosure and Transparency Rules.” But it was not.

Quindell Bulletin Board/twitter Moron Competition - Week 5

Published 859 days ago

It is Monday 10 November 2014 and I am on a high, Quindell shares are tanking after a quite disastrous admission forced out of it by a great team effort from a number of writers at ShareProphets. And there is worse to come for Quenron. In the absence of any hard drugs and needing to stay sober ahead of a presentation tonight at Real Man  on "Quindell the End Game" I can celebrate only by playing the Real Man 80's collection loudly and singing along. I apologise to our neighbours in Clerkenwell. Next up is "Stand & Deliver" How apt. Post presentation tonight I shall be on an uncontrollable celebratory roll. I digress... by popular demand this contest is back.

Memo to HMRC re Robert Simon Terry of Quindell

Published 859 days ago

Al Capone was never prosecuted for his real crimes, it was the tax man who got him. I shall be making dam sure that for his lies and fraud Rob Terry of Quindell (QPP) does not get off so lightly. However I am equally concerned that all directors of the AIM Companies who have done deals with Equity First Holdings LLC do not try to avoid Capital gains Tax on the shares they have sold. A formal note on all of them will go to HMRC in due course but pleasure before business, let’s start with Robert Simon Terry of Quindell. This article will be sent to HMRC.

Weekly Financial Video Postcard #59 - Quindell shareholders I forgive you all, here is some friendly advice

Published 859 days ago

The past six months have seen a small minority of Quindell (QPP) shareholders hurl at Tom Winnifrith an unprecendented volley of abuse, death threats and attempts to destroy his business.  Tom says that he forgives even those who sent death threats and has a genuine sympathy for all of those holding shares in this fraud as they face wipeout.  In this video Tom explains why he feels sympathy for every Quindell shareholder (Rob Terry excluded) and offers genuine advice for them all on what to do on Monday morning.

The AIM Awards dinner, Cannacord, Equities First and the stench grows by the day

Published 859 days ago

Each year a sell-out dinner takes place attended by over 1300 AIM company directors, Nomads, brokers, accountants, lawyers, analysts, people from the financial PR and investor relations industries and the media. It is the largest AIM gathering in the City calendar, according to the AIM AWARDS website, http://www.aim-awards.co.uk . Lots of mutual back-slapping goes on as they ‘celebrate outstanding achievement on the world’s most successful growth market’.

One of the RNS Statements Quindell must make on Monday

Published 859 days ago

The dodgy share sales by three (pro tem) directors of Quindell (QPP) are the least of its problems now as this company and its share price goes into meltdown. But should it wish to clarify its clarification statement regarding the director share sales it described as buys on November 5 I have drafted a release on its behalf. It reads:

Tom Winnifrith BearCast Special - Quindell cash Crisis, The Sunday Times - Suspension Monday?

Published 859 days ago

The Sunday Times has today unearthed evidence of the cash crisis at Quindell (QPP). Listeners to bearcasts here will not be suprised by this news. So what does Quindell do now? Will the sad excuse of a Nomad that is Cenkos let it respond or must the shares be suspended at once. In an angry and hard hitting podcast I lay out what lies ahead as the shit hits the fan and the shares become worthless. 0p is in sight. Events are now moving at light speed, the word "vindication" is on my lips.

Quindell, tax, fraud & Sam Antar (my hero) - Tom Winnifrith BearCast special

Published 859 days ago

In this podcast I explain why companies that engage in fraud are happy to pay tax from the reporting of bogus profits. It sounds insane but that is the way frauds operate. My hero Sam Antar of Crazy Eddies infamy explians it suoerbly on his website and I discuss both Sam and also Quenron and what is going on here. I also try to explain how tax losses are used and applicable and will not be there to save Quindell

Quindell Bulletin Board Moron of the Day – Tycoon Ted – but sentiment is changing as it does with all frauds

Published 860 days ago

I despair. Quindell “needs to sort me out” – so says Tycoon Ted on ADVFN. Well why doesn’t it launch legal proceedings as it threatened three months ago if I did not shut up and grovel? Or does Ted think it should just have me killed. What do you think Ted? Ted posts:

Reader Poll – when will Quindell hit 0p/have shares suspended?

Published 860 days ago

In March this company was capitalised at almost £3 billion, Quenron (QPP) was – according to fraudster Rob Terry – heading for the FTSE 100.  Today, at 68.5p, it is valued at less than £300 million and surely the end is nigh. So when do our readers think that Quenron shares will be suspended and/or hit 0p. The deadline for voting is midnight Sunday.

Tom Winnifrith BearCast Special - Himex the biggest fraud within Quindell

Published 860 days ago

The most fraudulent acquisition made by Quenron (QPP) was that of Himex. It really is a worthless POS but has been used to boost profits and cashflows at Quindell simply via fraud. However it will start to unravel by New Year's day and this podcast explains why. DCD Holdings, Rob Terry, Hassan Sadiq and Elizabeth Dawson are you listening to this Cosy (pun, geddit?) little message from the Sheriff of AIM?

Tom Winnifrith's BearCast 14th November

Published 861 days ago

Its back to the regular BearCast now although I suggest that you all listen to my Quindell, how grim is the cash position special HERE from a couple of hours ago. In this edition I look at the ongoing Equities First Holdings LLC scandal rocking the AIM Casino, IGAS, Optimal Payments and of course Quenron. I then look at old favourite CPP, Cyprotex and Reach4E. I will have a look at Concha over the weekend, apologies on that one I forgot to "deal with it" today.

Friday Quindell Caption Contest - Jobs Going at the Country Club Edition

Published 861 days ago

Are you a member of the QPPSAG and worrying about how to explain to the Mrs that Christmas is going to be cancelled until 2021? Are you employed by a well known Fraudulent company based in Fareham and worried that you are about to lose your job? Or are you a board member at Quindell facing an enforced career change within the next few days? I am here to help, The Sheriff can reveal that one Hampshire based business is hiring aggressively. Yes it is the Country Club!

Tom Winnifrith BearCast Special - Quindell just how grim is the cash position?

Published 861 days ago

Right now we are focussing on Rob Terry's lies about share trades and about how he and Fidelity are racing to offload their worthless stock in Quenron (QPP). But there is another pressing issue which is just how grim is the cash position. I put it to you that while Mr Terry's personal bank account might be bulging, back at Quenron the position is dire and that is why Mr 2+2 can = 5 is so keen to offload his stock at almost any price. I explain why the game is almost up.

Optimal payments- is this the sixth company in the Equities First Scandal?

Published 861 days ago

With a very big hat tip to ‘ROB’ who posted a comment on my article “Equities First and a cancer at the heart of the AIM Cesspit” I bring you Optimal Payments (OPAY) which is, according to ADVFN, a £668 million enterprise trading on the AIM Cesspit. I have to say that I have not the slightest clue what this company does, but that is not the point.

Our Readers Reckon Rob Terry’s Quindell margin call was 69p (and they are right) so what did Rob do?

Published 861 days ago

Quindell (QPP) has yet to fess up as to what price Rob Terry, Larry Moorse and Steve Scott face margin calls on their Equities First Holdings LLC “loans”. But having reflected upon the matter I agree with our readers who overwhelmingly reckon it is 69p on which basis Mr 2+2 has already faced an unwelcome phone call from the hoods in Indianapolis.

So where is that injunction Quindell bitchez? Here is its bully boy lawyers letter to me in full

Published 861 days ago

On August 19 2014 Quindell (QPP) threatened me with a bully boy lawyer’s letter demanding inter alia that I sign a grovelling apology drafted by it, pay its lawyers bills and damages and that it would get an injunction against me to stop me accusing it and Rob Terry of being a fraud. As with all fraudsters you will note that Terry was using the company’s lawyers (i.e. not his cash but shareholder’s cash) for his case. I now publish that letter in full. And I ask the liars, crooks and frauds at Quindell where is that injunction?

Quindell "one of the most interesting tech plays of 2014" claims its PR bimbos - will Rob Terry chicken out on Thursday?

Published 861 days ago

Redleaf Polhill, the PR firm for the fraud Quindell (QPP) is holding its "tech showcase 2014" next Thursday in the City with five of what it terms "the most interesting plays" presenting. And yes, you have guessed it! One of those interesting plays is Quenron. I am almost tempted to delay my Greek trip by 48 hours to go along for the free booze, canapes, coke, hookers and the chance to hear Rob Terry present and field some questions.

Table of changes in net short positions - week to 11/11/2014

Published 861 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details changes to net short positions in the last week (red if short increased, green if reduced)...

Quindell - can it be saved like The Innovation Group? A Bearcast Special with Tom Winnifrith

Published 861 days ago

The default position of Quindell (QPP) bulls is that in a worst case scenario it can be saved as was the Innovation Group (TIG) when the fraudster Rob Terry exits stage left. They might not get all their cash back but they would not lose everything. In this podcast, I examine this proposition and conclude that it is rather different this tme and hence why 0p is the only end game for Quenron. 

The Business Ethics (lack of) of conman Rob Terry of Quindell & his mobile number for you all

Published 862 days ago

I have demonstrated that Rob Terry and Quindell (QPP) have committed accounting fraud, Securities fraud and lied to investors on a serial basis.  The shares are tanking because last week Terry said he was buying shares when he was in fact selling in size. The man is a conman and his company has from the start been one big con. If you still own shares just look at the character of the man. I take you back to 2011.

Tom Winnifrith BearCast Special on Quindell (Fidelity Blinks), IGAS and its Scumbag Nomad Jefferies

Published 862 days ago

Fidelity is dumping its shares in Quenron (QPP) and I explain what this means. Jefferies is defending IGAS (IGAS) by doing nothing and I explian why it is so foolish to do so. This will explode in the face of IGAS and its piss poor Nomad. A quick ten minute blast - no holds barred stuff

IGas. How about an explanation?

Published 862 days ago

If I were an IGas  (IGAS) shareholder, I would be more than a little miffed. While the truth is being slowly extracted like a painful tooth from NOMADs  Cenkos (Quindell} and Westhouse (Cloudbuy) over their clients’ dealings with Equity First Holdings LLC (EFH), Jefferies maintains a deafening and belligerent silence.

Table of most shorted shares in London - 11/11/2014

Published 862 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the most shorted shares (by total net short position %) and if this total position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE.

Tom Winnifrith's BearCast - 13 November

Published 862 days ago

This is my longest podcast in this series to date as in the last ten minutes I got rather excited about the growing stink at Touchstone Gold. Before that there is comment on Quindell, African Minerals, Jubilee Platinum, Volex, San Leon Energy, profits warnings and Coms.

The Equities First Holdings LLC Scam - how it works

Published 862 days ago

For those who think the directors of the 5 AIM Casino Companies doing business with Equities First Holdings LLC took out a loan here is a bit of required reading. And if Cenkos thinks that the stock "loaned" by Rob Terry of Quindell (QPP) has not been dumped ages ago then its chumps should read this too.

Ronald Duncan, chairman of Cloudbuy & Nomad Westhouse: Just what the hell do you take us for?

Published 863 days ago

Ronald Duncan of Cloudbuy (CBUY) what a dog’s breakfast of an RNS you served up today. I have sold all my shares. Did you really think that following the Quindell model of ‘clarification’ over the Equities First deal which you originally described as a loan was a good idea?

IGAS, Cloudbuy, Quindell, Angle, IQE & Equity First - a Letter to the FCA

Published 863 days ago

Infamous bear raider Lucian Miers has today written to the FCA regarding the Equity First Holding LLC scandal that iis tearing the heart out of the AIM Casino. Explianing clearly why market abuse has taken place he demands that heads roll. The letter follows:

Tom Winnifrith BearCast Special - The Equities First scandal - jail time & disgrace

Published 863 days ago

In this BearCast Special I explain exactly how Equities First Holdings LLC operates. When it sells the shares AIM directors transfer to it and why that means that ALL of the AIM directors involved have broken the law. That is Quindell (QPP), IGAS (IGAS), Cloudbuy (CBUY), IQE (IQE) and Angle (AGL). There then follows the misleading statements. But then I turn to the negligence of Nomads, Cenkos, Canaccord and Hanson Westhouse and why that should be career ending for some. And the to why Equities First and its employees should be struck off by the FCA.  This scandal is enormous and for many involved professional disgrace is the least of their worries.

The Russians are entering Berlin...Quindell, the downfall Part 2

Published 863 days ago

In response to a number of requests I have created another Quindell  (QPP) downfall video featuring all your favourite characters in this gripping tale: Rob Terry, Laurence Moorse, Cenkos, Equity First Holdings LLC, Steamy, bullyboy lawyers Schillings, Canaccord, Daniel Stewart, foxy Bex at Redleaf PR, Paul Murphy and Dan McCrum from the FT, the FCA and of course the press chearleaders for the bulls, Shares Magazine and Zak Mir.

IQE plc – Equities First additional disclosures needed now

Published 863 days ago

Earlier today on this website, Tom Winnifrith noted the additional disclosure provided by cloudBuy plc on its Chairman’s “security for a loan facility”, the description of which has now changed to a “sale and repurchase agreement which Mr Duncan entered into with Equities First Holdings LLC”. Like Nigel Somerville with cloudBuy, I hold shares in IQE plc (IQE) and am arguably doing myself few favours writing this, but given IQE directors also announced recent dealings with Equities First, they too now need to step up to the disclosure plate…

Tom Winnifrith reported to the FCA by Quindell moron ff2345 – can all the morons please also report me?

Published 863 days ago

I am shitting bricks. Not. It seems that the Bulletin Board Morons are again reporting me to the FCA for market abuse because of Monday’s Quindell (QPP) Presentation HERE. The morons forget that I made a formal request to the FCA to investigate me for market abuse over Quindell weeks ago – natch I have heard nothing. But for once I support the morons in their actions and would encourage all Quindell shareholders to report me and here’s why. 

Rob Terry you criminal low-life you have a margin call – Quindell must make a statement NOW

Published 863 days ago

Fair dues to Ron Duncan at Cloudbuy (CBUY) – he has done a similar deal to the Quindell fraudsters with Equities First Holdings LLC claiming to buy shares when he has in fact sold. But in his statement this morning he has at least fessed up to what price his margin call will be at. Rob Terry and his fellow fraudsters at Quenron have not done this but I can tell you it is c69p. And so with the shares having touched 67p earlier Rob just got a phone call… welcome to Rob Terry...who wants to be a millionaire.

What would I do next if I was Rob Terry of Quindell?

Published 863 days ago

Mr 2+2 can = 5 is my opponent. I seek to expose fraud on the AIM Casino. Rob Terry has engaged in wholesale fraud from the day Quindell (QPP) joined AIM via a RTO on April 28th 2011. Within weeks he was buying a worthless shell company from his lawyers Blake Lapthorne for £150,000 in order to inflate Quindell’s profits by hiding legal costs. And TMC Southern was selling shares gifted to it by Quindell in order to fund bogus purchases from Quindell which ended up being responsible for more than 100% of Quindell group profits in 2011. The frauds and lies have got bigger since but now the game is up as lies are exposed and the shares are tanking. So what is Rob thinking now?

Tom Winnifrith's BearCast (with a sore head) - 11 November

Published 864 days ago

I many not be at my sharpest but I am not pulling any punches as the Quindell scandal deepens. This podcast covers Quindell, Daniel Stewart, Cenkos, KPMG, the lies, the fraud, the implosion and what the fallout will be. I also look at blinkx ( dire results & another Sheriff of AIM win), warn you about African Minerals and look at stocks on a PE of less than 1.

EXPLOSIVE: Quindell the end game, when & why it hits 0p - Tom Winnifrith video presentation

Published 864 days ago

Recorded at the ShareProphets seminar on Monday 10th November 2014 The Sheriff of AIM explains when and why the fraud that is Quindell (QPP) will go tits up causing investors to lose 100%. It is all pretty straightforward as frauds go.

Tom Winnifrith & Quindell: Not Without Precedent or It Should Have Been? The case of IT Factory

Published 864 days ago

I have been reading and analyzing with great interest the running commentary about Quindell (QPP) and it reminds me very much of a similar case in Denmark involving a very good friend of mine that was roped into investing considerable sums of money into a company that was listed on the Danish stock exchange, that company was called the IT Factory and its auditors were KPMG. 

Reader Poll – what Price is Rob Terry’s Quindell Margin call

Published 864 days ago

Crony capitalist Nomad Cenkos won’t tell us. Mr 2+2 can = 5, the fraudster Rob Terry will not tell us but we NEED to know at what price does Rob Terry face margin calls from Equity First Holdings LLC and so presumably sell more shares to EF so creating a death spiral? Well maybe our readers have an idea. There have been various suggestions put forward. Vote now on what you think the margin call price is – deadline midnight:

Open Letter: Dear Cenkos – A statement needed NOW regarding your fraudulent client Quindell

Published 864 days ago

I have this morning tried to shake off the most almighty of hangovers caused by the Quenron (QPP) celebrations of last night, by penning an open letter to Cenkos, Nomad ((pro tem) to the fraud Quindell. Cenkos needs to force Quindell to make a statement now regarding margin calls that Rob Terry, Larry Moorse and Steve Scott must be facing.

Quindell: Oi Cenkos! Another thing: when does Rob Terry have to put up margin?

Published 865 days ago

Sorry to bother you again Cenkos, you bunch of incompetent and sleazy money grabbing crony capitalists, but perhaps you can help us all by stating at what price the fraudster Rob Terry has to put up margin on his “loan” ( aka share sale) agreement with Equities First Holdings LLC.

Tom Winnifrith's BearCast 10th November

Published 865 days ago

Not yet off his face celebrating vindication on Quindell, Tom Winnifrith outlines further thoughts on Quenron itself but also loks at the whole issue of what really makes for balance sheet backing. In that vein he looks at Serco ( warning today). He then looks at the other stocks caught up in the Equities First Holdings LLC scandal, notably IGAS (IGAS) and also comments on Weatherley International, Northern Petroleum and Verdes Asset Management

Hey Cenkos – what about that director equity “loan” with Angle?

Published 865 days ago

Well, done, Cenkos. As Nomad you appear to have forced a bit more truth out of your client at Quindell. But you are also Nomad (and Broker) to Angle plc (AGL).

Open Letter to Cenkos NOMAD to Quindell PLC from Lucian Miers

Published 865 days ago

Infamous bear raider Lucian Miers has today written to Cenkos, the Nomad to disgraced Quindell (QPP) in the wake of today’s disastrous news. He has copied in AIM Regulation and the FCA as he demands further action by Cenkos. The letter reads: 

Equities First Stock “Loans” – a deal too good to be true: ref Quindell

Published 865 days ago

Roll up, roll up. You are the director of a company with a thumping great holding of shares in your company. You want to get some value out of that now, but selling would rock market confidence. Selling all at once would be impossible without dropping the sale price achieved, and doing it in tranches would also drop the overall price achieved.  It might be you want to buy a luxury penthouse suite in Toronto. Whatever. How can you do it?

Quindell Bulletin Board/Twitter Moron of the week – Week 4 winner

Published 865 days ago

Again a great batch of entries for this contest bit one suspects that week five will produce the best yes given the calamitous admissions of 10th November. You can read the full roster of idiocies HERE but as to the winner....

Steve Scott’s Quindell Share Sales – the Game is Up for Quindell

Published 865 days ago

The Daily Mail applied the coup de Grace for Quindell (QPP) last night with revelations about share sales by Steve Scott, Rob Terry’s second oldest business associate (after Mr Sadiq of Cosy/Himex infamy) and a Quenron NED. This really is devastating.

Quindell Bulletin Board/twitter Moron Competition - Week 4

Published 866 days ago

By popular demand this contest is back. As last week I will award a bottle of wine to the reader who posts up the tweet or Bulletin Board comment from a Quindell shareholders which demonstrates his or her stupidity most clearly - the entries in week two were brilliant.  The entries in week one were also incredibly amusing. And arguably last week's selection of sheer stupidity was the best yet.  Whether that comes in the form of just not understanding how shares work, a willingness to believe the most errant nonsense or just plain ramping/peddling of TA gobbledygook, feel free to post away. Meanwhile

The Quindell Equity First Scandal – will IGas be the first Domino to topple?

Published 866 days ago

Quenron (QPP) is not the first company to do business with Equity First Holdings LLC – step forward IGAS Energy (IGAS) which for reasons I shall explain below may well be the first domino to topple in what is brewing up as a mammoth scandal. 

Tom Winnifrith: BearCast Special - Equities First - the lies of Rob Terry, Quindell & Cenkos - D-day for all 3 looms

Published 866 days ago

Lets nail this once and for all. The RNS put out by Quindell (QPP) on 5 November 2014 suggesting that Rob Terry had increased his holding in Quindell (QPP) was a lie. Cenkos signed off on that as Nomad. Cenkos issued a note on Friday 7 November 2014 and was lied to by Quindell. I demonstrate why Quindell is lying and explain how Equities First Holdings LLC works. I cite sources which are refered to below. Cenkos needs to come clean on Monday or it is royally in the merde alongside Quenron

BearCast Special - The History of The Innovation Group (Quindell Mark 1)

Published 866 days ago

In response to a request from a number of readers I outline a history of The Innovation Group 2001-2003 which was run by Quindell (QPP) players Rob Terry and Steve Scott. If this is not a lesson for all Quenron shareholders on what will happen next, nothing is. 

Financial Video #58 - Rob Terry is a liar, a conman and a fraud please please sue me for libel edition

Published 866 days ago

Quite simply Robert Terry and Quindell (QPP) have lied to investors engaged in securities and accounting fraud and so Mr Terry is a con man. He has let it be known to the morons that he is going to sue Tom Winnifrith for libel. Tom says "Go ahead, make my day bitchez." He explains why thje fraudster Rob Terry  is acting in this way and the various other empty threats he will employ as he tries to flog as many shares as he can before Quenron goes tits up. The Sheriff of AIM is not flinching.

Quindell Bulletin Board Moron of the day – Dave (on ShareProphets) who thinks I am jealous of Rob Terry

Published 867 days ago

I flag this up as an example of the truly deranged minds who are backers of Quenron. David posts on ShareProphets:

Tom Winnifrith's Saturday BearCast 8 November

Published 867 days ago

A few interweb problems here in Eire, so I have nipped up to Darina Allen's Ballymaloe house to book supper for tonight - a mega culinary treat for the Mrs and myself and to upload another hard hitting recording. On the agenda is Quindell and how soon its shares could be suspended for the Equities First Holdings LLC farce. Also a discussion of the whole issue of suspension and where the AIM casino will go post this scandal. There are some hard questions here for many. Then I also look at African Minerals (target price 0p).

IQE, IGas caught up in the Equity First/Quenron scandal – best to stand aside for now

Published 867 days ago

By next week it is more than likely that Quindell (QPP) shares will be suspended as the Equities First Scandal reaches boiling point as I explain again in today’s BearCast. That begs questions about IQE and IGas.

Tom Winnifrith's BearCast for 7 November

Published 868 days ago

I have only just driven across Ireland and arrived at Ballymaloe to record this but there is plenty to discuss in this hard hitting podcast. Oh yes it is very hard hitting indeed. On the agenda: Quindell (end game, a new whistleblower and new frauds emerging) and Cenkos (lies), Coms ( a bombshell revealed), Radiant Growth, China frauds and Daniel Stewart, Sefton, APR Energy (political risk generally) and African Minerals (vindication and 0p on the cards). Ouch, its stinging all round.

Rob Terry using worthless Quindell Paper to buy worthless Quindell paper.

Published 868 days ago

Things appear to be getting rather desperate round at Quindell (QPP). Far from ignoring his critics and getting on with proving that his business is capable of generating cash, as he promised to do, executive Chairman Rob Terry appears to be running around like a headless chicken trying to prop up his share price which has of late been deflating like a tired soufflé.

Quindell – was this the most misleading announcement ever?

Published 869 days ago

On 5th November 2014 Quindell (QPP) announced that three directors had purchased £2 million worth of shares in the market. At the same time it was announced that the three directors had entered into a loan facility ‘that may result in the transfer of up to [all their] Quindell Shares’. So far – up to the last two words of the second sentence – we may accept every word of the text of the announcement as based on fact. But from then on, starting from the last two words of the second sentence, ‘as security’, every sentence and almost every word of the announcement (including the table) is a lie.

Dear AIM Regulation...as per our Quindell Conversation earlier ( a BearCast Special)

Published 869 days ago

I enjoyed another good chat with my pals at AIM Regulation today regarding Quenron (QPP). I know they enjoyed the earlier explosive Bearcast on Quindell and so for them and for the FCA here is a little recap of what we discussed. Dear AIM Regulation, I remain your obedient servant, Tom Winnifrith, The Sheriff of AIM.

Quenron Caption Contest – The Three stooges Issue

Published 869 days ago

As they discuss how all their shares are about to be flogged to Bulletin Board Morons who reckon they are buying we bring you an exclusive shot from the Quindell boardroom of Rob, Steve and Larry in action. With a deadline of Friday midnight how about you suggest a suitable caption for the picture below. For what it is worth:

Tom Winnifrith's BearCast 6 November

Published 869 days ago

I commend you al to listen to my earlier BearCast special on Quindell the truth about yesterday's announcement - HERE. Thanks for all the kind words about it.  Moving on I discuss cash or lack of it, NPV and why that is all that matters. En passant I cover Globo, Monitise and blinkx but then move on in real detail to Corero and in less detail to Sweet and Sefton.

Rob Terry & Wormwood Scrubs Caption Contest – winners announced

Published 869 days ago

In light of today's shock revelations about the biggest Quenron con yet plus the Securities fraud (HERE) and accounting fraud (HERE) it is a good day to announce the winners of the Rob Terry & Wormwood Scrubs caption contest from Saturday. The standard of entries was high and I had a good chuckle reviewing them all just now as you can do HERE. But the three best were:

BearCast Special on Quindell – Rob Terry’s stock is all being sold he is not a net buyer – Equity First Explained

Published 869 days ago

You folks all think Rob Terry, Larry Moorse and Steve Scott are buying Quindell shares. WRONG! Their net positions are going down and going down fast. This is End Game. This is the rats getting out with what they can before the balloon goes up while you guys think they are buying. It is probably legal but this is not what it seems.

Rob Terry invests not a cent to buy a million Quindell shares – what bollocks

Published 870 days ago

Quindell (QPP) bulls have today celebrated the news that chief fraudster Robert Terry and sidekicks Laurence Moorse and Steve Scott have bought 1.575 million Quenron shares at c123p. However they rather miss the point that the trio have not actually risked a cent of their own cash. This is the latest smokescreen and is such a curious transaction it only makes the sell case even stronger. Within the stock puffed up to 133p on the back of this nonsense it is another chance for the bears. 

Tom Winnifrith's BearCast November 5th

Published 870 days ago

In today's podcast I look at Mosman Oil & Gas, Quindell, Independent Oil & Gas as well as the Horse Hill debacle.

Quindell does not realise that its defence blog against me is now a key part of the prosecution case

Published 870 days ago

Quenron sent its first lawyers letter demanding a grovelling apology signed by me but written by the fraudsters, a promise never to write about it again and a retraction of all my articles on 19 August.  As you may have noticed, I have told Quindell where to stick that letter and I want it to serve Court papers on me as that will start the process of disclosure. As of today, after two and a half months no papers have been served despite me upping the ante with specific allegations backed by proven factual evidence of both accounting and securities fraud.  Quindell really does not want disclosure to get underway does it. Shall I give you an example of why?

Tom Winnifrith Podcast special - The Securities Fraud committed by Rob Terry, Laurence Moorse and Quindell explained

Published 870 days ago

This should be explicit enough for all concerned. AIM Regulation IS investigating and I expect the FCA andSerious Fraud Office to be on the case too. I explain clearly how Quenron (QPP) and its bosses Laurence Moorse and Rob Terry have committed securities ( as well as accounting) fraud. If they disagree sue me and I shall see the bitchezin Court. But I rather think that Terry et al are going to end up in a rather different Court anyway. For a change, might Bulletin Board Morons rather than attacking me just try to show any factual errors in this damning expose.

Table of most shorted shares in London - 31/10/2014

Published 871 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the most shorted shares (by net short position %).

Fraudbuster John Hempton of Bronte has words of encouragement for Quindell Morons as he warns target price is 0p

Published 872 days ago

As the stench of death gets ever more ghastly at Quenron (QPP) it seems that every new day this corpse in waiting attracts the attention of a new celebrity bear raider. A couple of weeks ago Muddy Waters chipped in. Today it is the legendary John Hempton of Bronte Capital who has been tweeting words of “encouragement” to the morons. That is before he warns that the shares are going to 0p.

Tom Winnifrith's BearCast 3rd November - the Sefton lessons for Sefton, Quindell and others edition

Published 872 days ago

Shares in Sefton Resources (SER) are among the big fallers today- nowat 0.11p vs 2.5p when i started attacking this fraud more than two years ago.  There are some lessons from that "campaign" for shareholders in the fraud that is Quindell. But there are wider lessons brought home by today's latest catastrophic news, viz the reality of real asset backing and the failure of auditors. I also cover Quenron and its share price and the  turn my fire on Touchstone Gold - a crony capitalist pointless POS vehicle, before discussing Globo and why its shares are so grossly overvalued -a point made in more genteel terms by Steve Moore earlier today HERE

Reader Poll – The race to 0p or suspension results – a three horse race

Published 872 days ago

At the weekend we asked you which of the most worthless POS and in some cases fraudulent stocks on the AIM Casino would be the first to go to 0p or be suspended. It ended up as a three horse race with all three front runners having just one thing in common – the involvement of Daniel Stewart, always a red flag.

Quindell Bulletin Board/Twitter Moron of the Week 3 – A winner is announced

Published 872 days ago

The standard of entries in last week’s Quenron (QPP) Bulletin Board/Twitter moron competition was staggeringly high. There are some incredibly stupid folks out there on this shareholder list. If we add in the classic entries from week one (HERE) and week two (HERE) we are half way to a nice little Christmas stocking filler book “In their own words, the dumbest people ever to buy shares” The full list of entries in week three was glorious but the top four are, IMHO:

Quindell Bulletin Board/twitter Moron Competition – Week 3

Published 873 days ago

By popular demand this contest is back. As last week I will award a bottle of wine to the reader who posts up the tweet or Bulletin Board comment from a Quindell shareholders which demonstrates his or her stupidity most clearly - the entries last week were brilliant.  The entries in week one were also incredibly amusing. Whether that comes in the form of just not understanding how shares work, a willingness to believe the most errant nonsense or just plain ramping/peddling of TA gobbledygook, feel free to post away. As before Kebab cannot post his own comments as entries, we need to give the other morons a chance and he is in a league of his own. Meanwhile

Friday Quindell Logo caption Contest Result – Pretty Poor

Published 873 days ago

On Friday we published a photo of a pizza shop at Fort Lauderdale airport which appeared to have provided Rob Terry inspiration when designing the Quenron (QPP ) logo. I asked for captions and the standard of entries was piss poor - no coke and hookers awarded for this one. But the winner is:

Follow Quindell Director Robert Bright – you are ‘avin a bubble – with Paul Scott comment

Published 873 days ago

To great excitement another Quenron (QPP) director stepped up to the plate and bought shares on Friday – Robert Bright snapped up 100,000 shares. Well done Bob, in the context of your wealth…this means jackshit.

Saturday caption Contest – Rob Terry of Quindell Edition

Published 874 days ago

In light of today’s damming podcast showing that Rob Terry has committed securities fraud, the caption contest today is in honour of the Quenron (QPP) founder, Mr 2+2 can = 5 himself. 

Reader Poll Sponsored by Daniel Stewart – the race to 0p and/or suspension

Published 874 days ago

Which is the worst stock on the AIM casino? The one that is heading to 0p and/or suspension most quickly? What do you think?  Vote now in our reader poll. Quite simply which of the following stocks will be worthless first. The ones marked (F) have engaged in fraud and the ones that are marked (D) suffer the massive red flag that is Daniel Stewart involvement, past or present.

The top 20 reported net short positions in London - 31/10/2014

Published 874 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it , the following details the 20 highest net short positions and the changes (green if short reduced, red if increased) since a previous analysis HERE

Risk on Again. But too late to save Quindell or Naibu

Published 874 days ago

A few weeks ago I was reflecting on the irony that September 19th , the day of the Alibaba float on the NYSE, was likely to prove the high water mark for the Dow Jones for 2014 and possibly a good few years thereafter. (For those unfamiliar with the Alibaba fable, he was a thief)

The End game for Quindell

Published 874 days ago

First the good news. At the 10th November ShareProphets Seminar I shall present on “The end game for Quindell: when and why it will go to 0p” – there are a number of scenarios so it is a when not an if and I shall explain them all in detail. If Quenron goes to 0p before then – which is conceivable – I shall do a song and dance routine instead.

Tom Winnifrith's BearCast 31st October

Published 875 days ago

Equities are up. In this podcast, I discuss why but why this is not the start of a bull market. It is temporary coke and hookers time in the City and on Wall Street but only for a while. Next up I look at: Fitbug, ULS Technology & the failings of AIM, Leni Gas & Oil and the failings of AIM, Arian Silver and other gold and silver producers, Coms and - in detail following a long chat with a former bull and insurance guru - Quindell.

Friday Caption Contest: Quenron goes into meatballs or was this where the Quindell logo originated?

Published 875 days ago

A good reader spot of another Quindell (QPP) logo discovered in Fort Lauderdale airport. This time the operation in question is in the pizza and meatballs business. Perhaps Rob Terry has pulled off another masterstroke acqusition given the obvious fit between selling meatballs and telematics, mobile doctors, low cost insurance, ambulance chasing, solar panels, indoor golf and scaffolding installation. Or maybe this is where he got the idea for the Quenron logo from? What do you think? Captions in the comments section below. My entry is:

Pompous Bulletin Board A ’Hole of the week Senor Grande calls on ShareProphets for Tom Winnifrith to be sacked

Published 876 days ago

Quindell (QPP) owning moron Senor Grande has like his fellow whack job Filthylucre repeatedly promised to boycott this site and never come back. And then both come back like moths to a flame, just to say how much they hate it. The latest comment from Senor Grande is an utterly pompous demand to sack me which merits a wider airing and a detailed reply.

Tom Winnifrith's BearCast 30th October

Published 876 days ago

In this podcast I start with a broad macro sweep following a chat with Evil Knievil earlier. The end of QE (pro tem), interest rates and how this will all affect equities and other asset classes. I then move on to some observations some general but some specific about Quindell, Fitbug, Monitise, Globo, blinkx and Independent Oil & Gas,

Join ShareProphets in our campaign to get LSE Bulletin Board Asylum to unban deluded Ramper QPP1000

Published 876 days ago

Dreadful news for followers of the Quenron (QPP) saga – the LSE asylum has banned the most deluded ramper of all time QPP1000 from posting on its boards. We have begged the LSE to reconsider and allow this most entertaining of total nutters back in the interests both of free speech but also for sheer entertainment value.  We ask al ShareProphets readers to join us in our campaign to get QPP1000 unbanned. After all, who could forget such gems as:

Mr Noone says buy Quindell with a 655p target because he is paid to write bollocks

Published 877 days ago

In the interests of balance I bring you a buy note on Quindell (QPP) today. “Analyst” A. Noone at commissioned researcher GECR reckons that the shares are a buy (no change of stance) with a 655p target. He is of course talking utter bollocks. Commissioned research means that the company pays for the hogwash so oddly enough the note does not tackle issues of accounting fraud, lying to investors, how the Q3 cashflow and cash numbers were “bodged” etc.  To quote the UK’s top share blogger Paul Scott: 

Tom Winnifrith's BearCast 29 October

Published 877 days ago

I am feeling a lot sharper than yesterday and this is podcast is no holds barred stuff on why I am still bearish on the markets, on Monitise, Quindell, Photonstar LED, Fitbug and more.

Correction: I did not murder Quindell Non Exec Tony Bowers, the shocking CV of his replacement revealed

Published 877 days ago

Version 2 with one correction: Yesterday afternoon Quenron (QPP) announced that its non-executive Deputy Chairman Tony Bowers had passed away. It did not take long for a Bulletin Board Moron to accuse me and others of murder. On the ADVFN board J777J posted:  “Was this stress related and therefore the shorts have blood on their hands?”. Whatever… Here’s what I think of Bowers and a shocking fact about his successor.

Semi naked Quindell shareholder and contractor Kate Caption Contest

Published 879 days ago

One of the more surprising tweets I received last week was from a lady in the grim north called Kate  (@modelsforkate) who had for some time been a self-confessed Quindell (QPP) shareholder and did not like what I was writing so took nearly all her clothes off in protest and send out a tweet inviting me to “kiss her ass”. Whatever. It has subsequently emerged that Kate’s enthusiasm for Quenron might be influenced by the fact that she earns fat fees sending clients to its ambulance chasing whiplash and industrial deafness centres. But let’s still give Kate a platform. As such I bring you her selfie and invite you to post suitable captions below. Deadline midnight tonight?

Real Man Supports the Westminster Group Ebola appeal – will you?

Published 879 days ago

Real Man is not unaware of the Ebola crisis occurring in West Africa. I see that some pompous arses object to my use of the phrase “I’d rather drink a pint of warm Ebola” than (buy Quindell shares etc.) but that is because the English language is a joyful tool allowing such illusions to make a point not the preserve of pompous self-righteous prats (see my tweet hate mail at the weekend).  As it happens we have a long relationship at the restaurant with our friends at Medicins Sans Frontieres. And as such we are delighted to support an emergency Ebola appeal launched today by Westminster Group (WSG) an AIM listed company operating in the Ebola heartlands.

Weekend caption Contest: Quindell/QPPSAG Edition Results

Published 879 days ago

The weekend caption contest threw up some cracking entries which you can see here.  But congratulations to the winner, larboulois, for:

Quindell Bulletin Board/twitter Moron Week 2 – winner announced & I do not eat children

Published 879 days ago

Again what a cracking week have enjoyed from the Quenron (QPP) owning morons who post on Bulletin boards or tweet.  The sheer stupidity of these fools defies belief and you cannot help but laugh as you read their deranged thoughts, interspersed with a few posts from our own home grown prize loon Kebab/Kulbas/KB.  You can read the full list of fantastic entries HERE

Quindell Bulletin Board/twitter Moron Competition – Week 2

Published 879 days ago

By popular demand this contest is back. As last week I will award a bottle of wine to the reader who posts up the tweet or Bulletin Board comment from a Quindell shareholders which demonstrates his or her stupidity most clearly - the entries last week were fantastic. Whether that comes in the form of just not understanding how shares work, a willingness to believe the most errant nonsense or just plain ramping/peddling of TA gobbledygook, feel free to post away. As before Kebab cannot post his own comments as entries, we need to give the other morons a chance and he is in a league of his own. Meanwhile

Podcast Special with Tom Winnifrith - what does NAV really mean and is it a buy signal

Published 880 days ago

Does asset backing mean asset backing? Not always 10p can be worth 10p or 5p or 0p - wthout wishing ti sound like Rob Terry - it all depends on what the asset backing comprises. Tom explains this key metric of investment analysis looking at 4 specific companies: Golden Prospect, Naibu, Paternoster Resources and Quindell as well as Mark Slater's share purchases after the bursting of the dotcom bubble

Weekend Caption Contest - Quindell QPPSAG Emergency Summit Edition

Published 881 days ago

As the QPPSAG gathers for an emergency meeting this weekend to discuss whether shares in Quenron (QPP) will hit £3 by Christmas or make it to £5, we have managed to get a picture of group leader Steamy and one of his loyal followers on the way to the summit. we ask you to suggest a suitable caption by midnight on Sunday.

Tom Winnifrith Podcast - the 7 reasons why Quindell shares should be suspended on Monday

Published 881 days ago

There are numerous reasons why the fraud that is Quenron should be booted off the AIM Casino altogether but recent developments would force a responsible regulator and a Nomad who gave a dam ( so maybe that does not apply to Cenkos) to suspend the shares first thing on Monday.

Quindell & the Himex shares – something looks very fishy indeed here

Published 881 days ago

The Quenron (QPP) shareholder register as at 30th June has thrown up another couple of stinking fish carcasses. They concern Himex.

The top 20 reported net short positions in London - 24/10/2014

Published 881 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the 20 highest net short positions and the changes (green if short reduced, red if increased) since a previous analysis HERE.

AIM – A Crisis In The Making

Published 881 days ago

Over the past months we have seen an astonishing array of articles clearly demonstrating that company directors, Nomads, Brokers, Auditors – just about every profession involved in running AIM-listed companies – have  broken rules or been negligent in performing their duties. Tom’s ongoing exposee on Quindell (plc), Daniel Stewart (broker and Nomad), KPMG (auditor to QPP) are recent examples. Ben Turney’s revelations about New World Oil and Gas show the most extraordinary behaviour by its management and by its Nomad – and now Broker – Beaumont Cornish. I’ve been a right old bore about Digital Learning Markerplace plc from 2012 which has posed questions about its management, Broker, Nomad and Auditor. There are more. Many, many more.

Tom Winnifrith's BearCast 24 October

Published 882 days ago

Have I mentioned Quindell (QPP) yet today? You want more? Okay it gets a mention in the podcast as does Forte Energy and the whole issue of death spirals. The Horse Hill stocks are all mentioned as is Omega  Diagnostics, the nature of bear markets and the importance of earnings visibility.

Who has been dumping Quenron shares? The insider deals Quindell does not boast about

Published 882 days ago

The Bulletin Board Morons insist that the calamitous share price decline at Quindell (QPP) is down to wicked shorters, me, the CIA etc. and point to the purchases of stock by the board. But folks you have been conned, let me reveal who has been selling aggressively (to you, you fools) and driving the share price down, it is the Country Club insiders.

Mobile Doctors worth £140 million – Quindell ‘avin a bubble part 2

Published 882 days ago

I explained yesterday why Rob Terry of Quenron (QPP) was telling a total lie when saying that his Mobile Doctor’s operation is worth £140 million – as you can see HERE. Certain Bulletin Board Morons have offered Mr 2+2 can = 5 a “Get out of Jail card” on this one but let me explain why they are wrong and why Rob is still lying. 

Quindell, why its going bust, when its going bust and is there any escape - BearCast special

Published 882 days ago

All frauds eventually run out of other people's money and so it will be with Quenron (QPP). For it is a fraud as I explained in full detail in this video. So when will Quindell go tits up?

Paul Scott gives a tits up date for Quindell

Published 882 days ago

As you know I regard Paul Scott as the UK’s top share blogger. Not only is his analysis top notch but his turn of phrase is excellent. And he’s a nice guy as a bonus.  As such I bring you a short post he made earlier on Quenron (QPP) and its joke interview with Shares Magazine. Top stuff Paul!

Quindell’s Rob Terry tells a £140 million Lie to Shares Magazine – Mobile Doctors Red Flag Strewn Annual Report Out

Published 883 days ago

Rob Terry of Quenron (QPP) is today once again exposed as a liar of monumental proportions. Even the money-grabbing leeches round at Nomad Cenkos should by now be considering their position as I expose today’s £140 million lie told by Mr 2+2 can = 5.

Quindell – Let’s Put the Canadian Telematics lies into context

Published 883 days ago

Quenron (QPP) earlier this week announced a telematics deal with one of the top three insurance companies in Canada. Of course that was a lie. Quindell has told lies in RNS statements on a serial basis so that is no shock. The partner is Aviva Canada which is in fact the 15th largest insurance company in Canada. It is the third largest player In the Property & Casualty sub sector but what Quenron said in the RNS was just another lie.

Quenron – Another Hot Air RNS - this time in Canada

Published 885 days ago

Quindell (QPP) has announced what it believes to be a major deal. Oddly certain Bulletin board morons who have in the past been leaked confidential lawyer’s letters by Quenron have been pre-announcing this for days making a mockery of AIM rules re the release of supposedly price sensitive information. But that is the least of Quindell’s crimes.

The top 19 reported net short positions in London

Published 885 days ago

On Friday I updated on short positions with a ‘position date’ in the current month which have been disclosed, as required, to the FCA. Today I highlight the top 19 disclosed ‘net short position %’ as of then, regardless of the 'position date'. Interestingly these are all in different companies (the first repeat 'share issuer' being WH Smith in 23rd, repeat 'position holder's in the table in bold). This is thus another table for which investors holding the shares featured may want to check the current fundamentals.

Monday's Global Shorting Conspiracy Prize caption Contest

Published 886 days ago

Following the shock revelation on the LSE Bulletin Board asylum that my writings were driven by the fact that I was employed by the CIA which is in charge of the global shorting conspiracy against Quenron (QPP), I have a new caption contest for you. All you have to do is provide a caption for the image below, explaining in the style of an LSE posting Quindell moron how this fits into the global conspiracy which, alone, is causing Quindell shares to slide. Easy. A bottle of wine goes to the best entry received by midnight tonight.

London & South East Bulletin Board – what do you not get about free speech? Ref Quindell

Published 886 days ago

I have noted before that the LSE Bulletin Board, Quindell (QPP) thread is an online lunatic asylum where some of the stupidest folk in Christendom post complete gibberish - apparently there is a post there today claiming that the "global shorting conspiracy" is being organised by the CIA and that I am a CIA agent. But this sinister part of the interweb just became more ludicrous.

Reader Poll: Will the Chocolate Teapots back Tom Winnifrith or Quenron

Published 886 days ago

Tom Winnifrith has today requested that the FCA investigate whether he has committed statements he made on Monday regarding Quenron (QPP) which he claims has committed accounting fraud and lied to investors. So will the regulators back Tom or Quindell? One of the two parties concerned clearly has committed market abuse. Just in case the regulators act swiftly the deadline for voting is 9 AM Monday.

Dear FCA: please investigate whether I committed market abuse on 13th October regarding Quindell

Published 887 days ago

This morning I have written to the FCA asking it to investigate whether the allegations I made on 13th October 2014 regarding Quindell PLC (QPP) constitute market abuse. The allegations are the most serious I can make, that Quenron has committed wholesale accounting fraud and has lied to investors via RNS.  If the allegations are not true I have committed market abuse. As it happens they are 100% verifiable and I have not seen one person show why they are not. That is because they are verifiably true. The video of my presentation making these allegations is HERE.  The letter to the FCA explains why I have made this request and reads: 

Quindell Bulletin Board/Twitter Moron of the week – prize competition week 1: the result

Published 887 days ago

A couple of days ago I asked you to post the dumbest tweets/Bulletin Board Posts you could find from Quindell (QPP) shareholders with the only proviso that our own demented poster Kebab/Kulbas could not enter his own posts. Boy are we spoiled for choice. The prize is a bottle of wine – another reason Kebab cannot win since his mummy would be cross if we sent alcohol to a minor. You can see the full glorious list of entries HERE but the winner is:

Quindell Bulletin Board/twitter moron Prize Competition – week 1

Published 888 days ago

Hat tip to JD for this new whizzo idea. I shall peg this competition at the top of the page each week that it runs. All you have to do is post the most idiotic tweets/ Bulletin Board comments by a Quenron (QPP) owning moron that you can find in the comments section below. JD – post your Richard Branson to become a NED one quickly and you will be hard to catch this week. Every Sunday I shall chose a winner and there is a bottle of decent wine in it for the winner and entertainment for us all as the loons go on display. So week one starts now…post away. PS

Quindell and the Claimed Customers that er….are not

Published 888 days ago

Oh dear, even the Insurance Times now scents blood and this week started investigating some of the companies that Quindell (QPP) claims to do business with. No doubt the Insurance Times will be viewd by the Bulletin Board Morons as part of the global shorting conspiracy run by pizza hard man Darren Atwater from Clerkenwell.

Quindell - a fraud which has never & will never generate a cent of cash & is worth 0p - full Tom Winnifrith video

Published 888 days ago

On Monday night I gave a 40 minute presentation in Clerkenwell in which I showed the frauds Quindell (QPP) has perpetrated, demonstrated why - despite what it says - it has never and will never generate cash and so why its shares are worth 0p. I defy anyone to explain any factual errors in this presentation. The video of that presentation is below.

Short positions table - to 16/10/2014

Published 889 days ago

Following some positive feedback on the previous short positions table published on this website, the following shows shorts with a ‘position date’ in the current month which have been disclosed, as required, to the FCA. Investors holding these shares may thus want to check the current fundamentals. Companies in bold feature in the table more than once.

Friday caption Contest – AIM Casino October 2014, Wall Street 1929 Edition

Published 889 days ago

It’s Friday and so it is time for a caption contest  There is no prize simply post your captions  for this wonderful and still relevant today cartoon from 1929 in the comments section below by midnight tonight. For what it is worth my Quindell (QPP) themed entry is:

Quindell Legal Services – More Red Flags Vicar? Part 2

Published 890 days ago

The video of my presentation “Quindell, how it has committed accounting fraud, has not generated a cent of cash despite what it claims and why it is worth 0p” should now appear tomorrow. Pro tem here is part 2 of the Quindell Legal Services – More Red Flags Vicar series. QLS served up so many Red Flags it needs two articles. Part One can be found HERE. Now moving on.

Quindell Director Share Purchases are all PR – as good a sell signal as last time

Published 890 days ago

Back in late April Quindell (QPP) shares were on the slide post Gotham and the board responded with a PR campaign of share buying. It was PR puffery. But folks fell for it.  And so we have today seen a second NED in Quindell buying shares. Let me explain why this is all bollocks.

Reader Post of the day 2 – The Most Excellent 42 on the Quindell Cash Crisis

Published 890 days ago

Quindell (QPP) faces a cash crisis which is forcing it to resort to quite desperate measures as I outlined HERE and HERE earlier today. Its position is dire. And now our most excellent poster has weighed in with this critical note. As you await for tomorrow’s big daddy video which explains why Quenron has committed accounting fraud, has never generated cash and is worth 0p I bring you the awesome 42 with his latest offering.

The Bears Scent Death at Quindell – King of the US Bears Muddy Waters weighs in

Published 890 days ago

Quindell (QPP) took on the bears and Quenron is losing. I first cited red flags about this fraud in April 2013. A year later Gotham City Research took it apart and now the shorters are upping the ante. The smell of Death is clear and now the best known US Bear Muddy Waters has also chipped in via twitter.

Reader Comment of the day: TurboMuncher on the Quindell cash Crisis

Published 891 days ago

It is abundantly clear that Quenron (QPP) now faces a cash crisis of monumental proportions. I am sure that the FCA is now monitoring its Regulatory capital position with extreme concern. And if you want to know what happens when this becomes an issue have a look at Daniel Stewart HERE. I flagged up earlier today, one way in which Quenron is hiding this time bomb from investors – by delaying salary payments HERE – but the other obvious way is by not paying its bills, something you would not be able to gauge from the cobblers in its trading statement of Monday. But poster TurboMubcher has the data and puts it into context for you in an excellent post:

Quindell – it needs to come clear on the paydate change & how it affects cash claims

Published 891 days ago

Hapless lapdog broker to Quenron (QPP), Cenkos has admitted that its client has “streamlined” its payroll procedures, Quindell has not clarified what occurred but in light of its claims about its cash position it needs to do so fast.

Quindell Morons of the Day Special – LSE Board

Published 892 days ago

The slump in the Quenron (QPP) share price following yesterday’s disastrous trading statement has brought the Bulletin Board morons out in force. I spent a happy half hour last night having a butcher’s at the LSE Board. I felt rather like one of those Victorians who used to head down to the asylum to gaze at the lunatics in action. I know it’s a bit voyeuristic but just now and again it is entertaining to see these loons in action.

Quindell Red Flags on Overload as Maine Finance Ltd files its annual report

Published 892 days ago

This came onto my desk yesterday and is a true horror story (unless you are a bear).  Of all of the stinking Quenron subsidiary accounts to emerge so far this is arguably the one that stinks the most. But I still have plenty more to go through so I will not award the “stinkiest Quenron subsidiary accounts 2013” title just yet. I covered the POS that is Maine Finance Ltd in a preliminary way yesterday night in a 40 minute presentation showing clearly that Quindell was a fraud and worth 0p. The video of that talk and accompanying slides will go live within 36 hours and the 2 PLC FDs in the room were horrified by what they heard. But back to Maine Finance Limited.

Quindell Trading Statement – Folks are starting to see what Bullshit it all is

Published 893 days ago

Quite simply I have never read such complete and utter bollocks in my life. As I write Quenron (QPP) shares are down by a couple of pence at 151p. That is despite it issuing a trading statement which was meant to appear extraordinarily upbeat. In the old days the stock would have jumped by 20% on this sort of bull. But these days investors seem to be waking up to the fact that it does not add up, that the company is talking patent bollocks and that the cash situation is clearly critical. Chuck in the Red Flags from subsidiary accounts which are landing thick and fast and this one is now in a a rapid spiral towards death.

Quindell Bulletin Board Moron of the Day: Mr Palmer LSE Board – his “obligation” is to destroy me”

Published 893 days ago

Oh dear, The Quenron (QPP) shareholder list does contain more than its fair share of complete and utter nutters. On an almost daily basis I am alerted to a post which has been made by someone who really is truly bonkers. I was entertained to see some cretin on ADVFN discuss the “TW Red Flags” on Quenron – apparently having a strong opinion which is not buy is deemed a Red Flag.  However, The Bulletin Board Moron of the Day is “Mr Palmer” on the LSE Board. On a day when another Quindell nutter who boasted on twitter of having a "hitlist" which included myself and Dan Levi has been reported to the Old Bill (not by me as I regard the Met as useless), Mr Palmer takes centre stage.

Reader Poll Results – which of the Bear Portfolio stocks will crash most by Christmas

Published 893 days ago

At the weekend we updated the ShareProphets Bear Portfolio compiled by myself, Matt Earl, Lucian Miers and Evil Knievil. So far our average sell is down by 18.2% in just over three months. Better days lie ahead. But which of the ten stocks we expect to slump do readers think will crash most by Christmas. You said:

Reader Post of the Day - 42 on the Quindell Trading Statement

Published 893 days ago

I know who poster 42 is and he knows more about Quenron (QPP) than any analyst currently covering the stock in the City. His comment on the trading statement today is bang on the money (or rather lack of it). I shall post my own thoughts later once I have gone through a couple more bogus subsidiary accounts. 42 writes:

But KPMG signed off on it so that’s alright surely. NO!

Published 893 days ago

I am told that the accounts of Quenron (QPP) must be kosher because the global accounting giant KPMG has signed off on them. KPMG knows all about accounting and I am just a failed fund manager/pizza delivery guy/blogger so clearly know nothing.  Hmmmmm, I fear that some folks are in for a rude awakening.

Same AIM casino shit, different company – Quindell & Shidu

Published 893 days ago

Tom Winnifrith has described in detail how Ingenie, a subsidiary of Quenron (QPP) filed an abbreviated set of numbers for its 2013 Accounts to Companies House, claiming a smaller company exemption when it was not entitled to as it was part of a group of companies which included a listed plc – and, indeed its business was in insurance. Tom wonders why – is somebody trying to hide something? But is is not just Quindell which seems to be playing this game….

Quindell Legal Services – More Red Flags Vicar? Part 1

Published 894 days ago

And so Quindell Legal Services, the biggest part of the Quenron Group (QPP) has filed its accounts. Also of interest is the fact that it filed two annual returns for last year. Would Quindell care to deny that it had a spot of bother with its capital adequacy forms filled in with the FCA? That might explain a few of the red flags but not all.

Quindell & Compass Costs: the numbers do not add up and this stinks: the worst filing yet – FCA problems now looming?

Published 894 days ago

The Quenron (QPP) subsidiary accounts are now landing thick and fast at Companies House and I am ploughing through them but have unearthed the stinkiest yet – Compass Costs. The numbers stated are different in different places, there is revenue missing and there is a curious dividend paid. It stinks to high heaven and since Compass is part of an FCA regulated entity (Quindell Legal Services of which more later) this is certain to attract FCA attention.

Reader Poll – which of the 10 stocks in the Bear Portfolio will crash most by Christmas

Published 894 days ago

So far the bear portfolio of Matt Earl (the Dark Destroyer), Evil Knievil (the fat man), Lucian Miers (the Bard of the Boleyn) and Tom Winnifrith (the Sheriff of AIM) is down by an average of 18.2%. Today one stock leaves the portfolio (New World) having duly collapsed and in its stead goes African Mining (AMI) which will collapse. But which of our 10 shorts do you think will slump most by Christmas. The deadline for voting is midnight tonight as things are moving rapidly with at least one constituent.

The Matt Earl, Evil Knievil, Lucian Miers, Tom Winnifrith Summer Bear Portfolio revisited and updated view

Published 894 days ago

Back in the summer, July 9, the 4 Bears sat down and compiled our top ten shorts for the summer. There has been one disaster – Concha (CHA) – but despite that an average loss (gain for us) of 18.2% per short is not bad. So where do we stand now?

SHOCKER: Why Ingenie IS a subsidiary of Quindell and so why Quindell DID breach the Companies Act with the abbreviated accounts

Published 894 days ago

Various Bulletin Board Morons have argued that Quindell (QPP) was within its rights to file smaller company accounts for Ingenie so keeping vast amounts of information from you all. And here is why yet again the morons are 100% wrong, I am right and Quindell has broken the law.

Financial Video Postcard #54 – Investor mood (anger, denial, acceptance) and the BB moron portfolio on margin in meltdown edition

Published 895 days ago

In this week’s financial video postcard Tom Winnifrith discusses how the mood of investors is changing as the stockmarket falls to new year lows. Delusion, becomes denial becomes acceptance becomes anger. 

Reader Comment of the Week – Once again it is Forty Two on Quindell

Published 895 days ago

Some of our posters really know their onions. I know full well who “Forty Two” is and he knows Quenron (QPP) better than any serving City analyst. His comments after the Friday Ingenie shocker HERE should be read in conjunction with that piece to gain an understanding of how The Quinnovation Group operates. 42 says:

Short positions table to check as markets continue to fall

Published 896 days ago

The FCA publishes a spreadsheet of short positions required to be disclosed to it and the following details those investment firms that as of 9th October had disclosed short positions in two or more of the stocks that have been covered bearishly on this website (with the % net short position of the 'position holder' and position date linked to our latest article on the company). The table also includes the other net short positions the 'position holder' discloses and investors may want to double check if they are on the other side of the trade to these seemingly shrewd investors (see the share price performances of the linked companies). Companies in bold feature in the table more than once.

Paul Scott’s Bargepole List – As you’d expect its bang on the Money

Published 896 days ago

I know that every time that I praise him, Paul Scott gets a shedload of abuse from Bulletin Board Morons but heck it is hard being just right so often, as we both know. Paul is without doubt one of the most perceptive writers on shares going and as such ignore him at your peril. And he has just produced his latest “bargepole list.” Ho ho ho, this will not win him any friends in the Bulletin Board Moron Community.

Quindell – Ingenie (abbreviated) accounts filed: what is Quenron trying to hide now?

Published 896 days ago

Quindell subsidiary Ingenie Ltd (of Gary Lineker fame) has filed its calendar 2013 accounts at Companies House but this is a spectacular own goal as it has hidden the full ghastly truth from investors. In the words of Alan Hansen “shocking defending” by Rob Terry. 

Tom Winnifrith Video Presentation: 11 Ways AIM Companies artificially boost profits to mislead investors

Published 897 days ago

The final talk at the first ShareProphets seminar was by me and looked at 11 ways that AIM companies artificially boost profits to mislead investors. It featured Sefton (SER) and Quindell (QPP) heavily but other real life examples were given.  I thought that it wasa half decent presentation and the audience seemed to approve.,  To ensure that you get priority booking for future seminars (the next one on 13 October is now booked out but we will start taking bookings for 27 October  next week) with 4 talks at each plus free pizza and booze register HERE.

Today’s Quenron Red Flag from Companies House - Quindell Resourcing

Published 898 days ago

Aha, another one of the 191 Quenron (QPP) subsidiaries has published its accounts at Companies House, Quindell Resourcing Ltd, formerly known as Metaskil Ltd. And needless to say the numbers just do not add up.

Quindell Twitter Moron of the Week – Ron Clifton

Published 898 days ago

As the Quenron (QPP) share price slips away losing more and more of the hard earned savings of the morons who have invested in this company which has demonstrably lied to its shareholders in a serial fashion, the morons response is sheer comedy genius. Today’s twitter moron of the week is Ron Clifton @CliftonPlace who is possibly the thickest of all the Quindell morons on twitter.

Let’s pretend we are taking legal action say the PLC casino “players

Published 899 days ago

”What do the following companies have in common: blinkx, Globo, Quindell, Range Resources and Sefton Resources? It is a two part answer. 

Rob Terry now about those 9.178808m Quindell shares – a Multiple Choice Question for you

Published 899 days ago

I established without doubt on Sunday that the Quindell RNS regarding the issue of 18 million shares on September 2nd 2013 was a great big fat whopping lie told by the company led by Rob Terry. This now begs the question about the issue of a further issue of 9.178808 million shares on October 21 2013. Just to whom were they issued and why? This is exactly the sort of issue my lawyers are dying to get into under the disclosure process if the Quindell bitchez ever get around to suing me for libel.

Reader Post of the Day: Level 42 on Quindell

Published 900 days ago

Sometimes our reader comments merit a wider audience and knowing the identity of Level 42 and how well he knows Quindell, I bring you his little burst of insights on how Quenron operates. This was posted at the bottom of yesterday’s explosive revelations about 360GN HERE.  L42 writes: 

EXPLOSIVE: 360GlobalNet Accounts out – Quindell shown to have bought Shit Company, issued shares to itself & dumped them and lied to investors

Published 900 days ago

At last the accounts of Quenron (QPP) subsidiaries are starting to emerge at Companies House and you can see why Rob Terry and his FD Laurence Moorse were so tardy in filing because they are a true can of worms. The first which has arrived is 360GlobalNet Ltd which is 60% owned by Quindell and this stinks to high heaven. Even the pathetic QPPSAG must surely now be hearing the alarming bells ringing? Or perhaps they all have Industrial deafness. 

Batman helps you understand Quindell

Published 900 days ago

Nothing to do with Gotham but a ShareProphets reader wants to help you understand Quindell (QPP). Remember that well run companies are easy to understand. So here is an organogram, it is work in progress but we are getting there..

Weekly Financial Video #53 – It’s Quindell that is getting desperate & nervous not Tom Winnifrith

Published 901 days ago

It is always the way with fraud. As you try to cover up one little black hole you trip over yourself and another emerges and that forces another lie and in the end it all gets too much. 

More Quindell Bollocks – Withyouin5 – all hype no trousers

Published 901 days ago

Another Quindell (QPP) subsidiary has filed its accounts at Companies house. This is not a smoking gun (that’s coming later) but just a demonstration of why so much of the Quenron hype is all bollocks. Welcome to Withyouin5.com Ltd – which is 74% owned by 360GlobalNet Ltd which is itself 60% owned by Quenron.

The first Quindell lie of the day exposed – Quindell Property Services

Published 901 days ago

The annual reports have started to arrive at Companies House for Quenron subsidiaries and I have a stormer of a revelation for you later. Naughty naughty Rob Terry you will not enjoy that one. But as an appetiser and while Mr 2+2 can = 5 sweats on that one I thought I would just point out to you a blatant lie told by Rob Terry to investors which he has admitted to! I have only just noticed. Bad me.

Quindell’s RNS from 18 September 2012 – Quintica Red Flags

Published 903 days ago

There is speculation that Quenron (QPP) subsidiary Quintica is horribly late in filing its annual report which was due on May 30th. Actually it changed its year end so the report was due to be filed 30th September 2014. It has not been but it is only a bit late not horribly late. However, I just wanted to point out that the release announcing the deal was a tad on the misleading side. 

Friday Caption Contest – Daniel Stewart & Steamy Special

Published 903 days ago

Daniel Stewart (DAN) earns its money advising companies (not all of them frauds) how to list and behave on AIM. It brought us Naibu (NBU) and Quenron (QPP). Two days ago its own shares were suspended on the AIM casino because the cash strapped firm could not publish its accounts on time – see HERE. In honour of this…

Reader Post of the Week: D Cooper on Quindell

Published 904 days ago

Each week we aim to bring you the most illuminating post by a reader on this site which we think merits a wider audience. And the winner this week is Dominic Cooper who brings some added insight into the world of Quenron , following today’s Red Flag Orgy. Mr Cooper writes:

18 More Red Flags for Quindell – I stopped counting at noon (there may be more)

Published 904 days ago

Quindell (QPP) has even more subsidiaries than I thought. And now the subsidiaries are starting to have subsidiaries. And more have been started this year. Think of rabbits breeding. You start with just one pregnant female and pretty soon you are swamped. Okay the interbreeding causes a few problems down the line but that is Quenron in a nutshell.

Report Back on ShareProphets Seminar: Premaitha, Fox Marble, AAA and myself on Quindell

Published 905 days ago

Contrary to suggestions made here and elsewhere by some of my greatest admirers, the first ShareProphets seminar was packed out with just over 50 folks gathering in Clerkenwell on Monday and – I think – having a good time. The next seminar is on Monday October 13 and you can ensure you get priority booking by registering HERE.

Quindell – No Nuclear Hand Grenade, but there is the TMC nuclear land-mine and more, it is when not if Quenron blows up…

Published 905 days ago

I am afraid that my lead hit a dead end so there is no nuclear hand grenade for Quindell (QPP). Yet. However ….

Daniel Stewart – what a total joke: shares suspended

Published 905 days ago

Daniel Stewart (DAN) earns its living as a Nomad and broker to AIM listed stocks. That is to say it charges fat fees for advising them on how to play by the AIM rules, for listing them and for raising money for them. It has no standards so was responsible for bringing Quindell (QPP) to the Casino and also acts as Nomad to China fraud Naibu (NBU) and tried to float China fraud Fraspens in August but seems to have failed. Today Daniel Stewart’s shares have been suspended.

Practical Tips you can Take From One Up on Wall Street Part Six

Published 906 days ago

Although it’s given a fairly brief place in One Up on Wall Street, Peter Lynch’s attitude to shorting shares is interesting. Now I have to say that I have never shorted a share in my life, but I know plenty of people who have made good money out of it. I’ve read the recent Quindell (QPP) articles with interest for example. At the end of the day, all money made is good for a share investor, but it’s still interesting to hear Lynch’s perspective.

Quindell Owning Morons – I warn you about tonight

Published 907 days ago

There have been posts made on several Quenron (QPP) Bulletin Board threads from folks suggesting that they were planning to attend and disrupt tonight’s presentations in Clerkenwell or to have a go at me as I shall be speaking. Just a warning to any morons who are tempted.

Rule 13 of “The 49 Golden Rules of Making Money from Oil, Gas & Mining Stocks” courtesy of Regency Mines (and Quindell!)

Published 907 days ago

It has amazed me how writing for ShareProphets attracts the unwanted attentions of crazies. As soon as you write anything that is perceived as being vaguely negative about a treasured stock, the nutters come crawling out of the woodwork to launch tirades of social media abuse. I won’t name the chief cheerleader for Regency Mines (RGM), but this person took exception to my comment at the end of July that it was “surely only a matter of time” before Regency placed. Tweet followed email followed Tweet about what utter rot (not the word used by my avid fan) I was talking, how I didn’t know anything about the company and there was no way it would place. Well, after today’s announcement, Regency has placed twice in the last seven weeks. What a shock. Perhaps some readers of ShareProphets would do well to spend a little less time frantically bashing keyboards and a little more time reading Tom and mine’s latest book “The 49 Golden Rules of Making Money from Oil, Gas & Mining Stocks”.

Quindell – No Reason for the Share Price Movement: Bollocks & I refer you to 2002

Published 907 days ago

Quenron (QPP) has today sought to reassure investors that there is no reason for its shares to be collapsing. There is. I shall come to that in a second. But first, here is what the Quinnovation Group has to say:

Does everyone lose their jobs if a holding company goes tits up? Ref the Quindell 4,000

Published 908 days ago

I see that various Bulletin Board Morons accuse me of threatening 4,000 jobs at Quindell (QPP). Just for them, I offer a basic lesson in markets and economics.

Quindell Takes You to the Cleaners Spot the Difference Contest – Winner announced

Published 908 days ago

On Friday I asked you to provide suitable captions in our Quindell (QPP) Spot the Difference Competition. The two photos below show the storefront of one profitable and cash generative operation where you don’t lose your shirt and …the logo of Quenron. And the winning caption is:

One man who has made money out of Quindell

Published 908 days ago

Yes you can make money out of Quindell (QPP). That Rob Terry with his seven figure salary and bonus and perks package is doing okay. But the ordinary man on the street can make money too. And here’s how:

Quindell now at 136.5p – 75% off highs where next & a reminder of 8th August

Published 910 days ago

Shares in Quenron (QPP) plunged last week to close last week at 136.5p. They are now more than 75% off their highs. Where do we go next? Down obviously. The question is when not if they hit 0p. And here’s why.

Weekly Financial Video Postcard #52, PE, PEG, PE of 3 = sell edition

Published 910 days ago

This is Tom Winnifrith’s last video postcard from Greece for seven weeks. He is back in London at the weekend preparing for a presentation on how companies on AIM overstate profits with real examples. That is on Monday but is booked out but if you want to be able to advance book for Tom’s next presentation (it’s free & comes with pizza and wine) register HERE

Has Quindell Taken You to the Cleaners? Spot the Difference Competition

Published 910 days ago

Fascinated as I am as to where Quenron (QPP) got its logo, I am indebted to an American reader who has come up with another suggestion as to where Mr 2+2 can = 5 got his inspiration from. In our latest spot the difference competition, please simply post your entries in the comments section below. Deadline midnight tonight (Friday)

Quindell – has it sold more shares in itself without telling us so?

Published 911 days ago

We know that as at June 30th 2014 Quindell (QPP) held 6.67 million shares which it had issued to itself to buy PT Healthcare in Treasury. One assumes that it did not deal in a closed period so they were still there as at August 22nd. Are they there now?

Quindell Bulletin Board Morons of the day: Nicky Name and dailylarma

Published 911 days ago

I have just been sent this exchange from two complete morons who are long and wrong on Quindell (QPP). As their wealth slips away they seem to think me stopping writing and/or beng executed will stop them facing financial oblivion. Fools. On two counts.

Tesco & Quindell, accruals and dealing with dissenting analysts

Published 912 days ago

Both companies have engaged in aggressive accounting with regard to accruals. One has already been shown to have overstated profits, managers have been fired, the forensic accountants are in and the Serious Fraud Office is now said to be looking into the matter. The other is Quindell (QPP).

Quindell Leaks Confidential letter as part of smear campaign & scores another massive own goal

Published 913 days ago

As I noted at the weekend HERE Quindell (QPP) sent a letter from its new lawyers almost two weeks ago. I have asked it to justify statements in that letter it has failed to do so. But it gets worse. Quindell has now leaked that letter to the pathetic QPPSAG and it is being quoted verbatim albeit selectively on Bulletin Boards. That is a massive OWN GOAL by Mr 2+2 can = 5. My legal team is over the moon.

After Tesco who is next for a dodgy revenue recognition admission? Any suggestions?

Published 913 days ago

As any bull market gets out of hand the aggressive accounting practices start to emerge. Managers on bonuses do whatever they feel able to get away with to deliver the sales and profits needed to justify crazy ratings. Tesco has done the right thing in suspending managers, coming clean and calling in auditors for a full forensic. The question I poser to you is who is next?

Now RSA shouts about fraudulent industrial deafness claims – ref Quindell

Published 914 days ago

The Bulletin Board Morons do not seem to understand that if an Industrial Deafness case is lost Quindell (QPP) earns nothing it just incurs cost. So the mushrooming of bogus claims will not generate any cash for Quenron although it is happily accruing income on the basis that it takes on and wins 6,000 cases a month. Given that the number of claims settles has not risen above 20,000 across the while UK for many years, it is inevitable that at some stage it will have to write back all or nearly all of its accrued income from ID, prompting a profits warning. It will also mean that Quindell runs out of cash. The only question is when?

Quindell & Its Legal Threats to me update…all very odd but I am not gagged! Watch this space!

Published 915 days ago

On 19th August 2014, Quindell’s (QPP) lawyers wrote to me giving me eight hours to agree to withdraw all articles about Quenron, sign a grovelling apology written by them ( how fucking Stalinist) and not to write again. Otherwise I was threatened with a number of measures including injunction and a libel case. I replied within the deadline that I would see the bitchez in Court.

Memo to Rob Terry of Quindell – You should have a chat with the King of fraud Sam Antar

Published 916 days ago

It was 5 AM in the morning one day last week before I finally got to have a good long chat with Sam Antar, the FD behind one of the biggest Wall Street frauds of the 1980s, Crazy Eddies. Poacher turned gamekeeper, Sam now busts white collar crime and is an SEC whistleblower. He also blogs and tweets in a most amusing way. Have a look at www.whitecollarfraud.com  @samantar – naturally enough we discussed – at great length – Quenron (QPP).

Monitise - Visa is walking, shares crash, and another win for the Sheriff

Published 918 days ago

Okay its time for the Bulletin Board Morons to apologise to me YET AGAIN – today’s victory is Monitise (MONI), shares in which have crashed to 31p as Visa has said that it wants out. My 10p target price stands.

The big daddy of fraud busting Sam Antar sends tweet to Quindell

Published 918 days ago

Sam Antar was at the heart of the biggest fraud on Wall Street of the 1980s – he was FD of Crazy Eddies. But he plea bargained, escaped jail and has endeavoured to set amends ever since by expositing corporate fraud, accounting wrongdoing and by assisting the SEC in fraud busting. He is THE big daddy of fraud exposure, if he goes after someone it makes my efforts or those of Gotham City seem like those of kids in the park. And yesterday he tweeted to a certain well known AIM Casino listed British company.

Do Bulletin Board Morons Ever Learn or Ever apologise – discussion with top blogger Paul Scott

Published 923 days ago

It was only the other day that a Bulletin Board Moron owning shares in Naibu (NBU) referred to me as Winnifraud, accusing me of making it all up. Hey presto come Friday there were dire interims and t is clear that it is not me that is the Norfolk and the moron saw his investment slump in value by another 40%. Worse is to come as I shall reveal later today.  But this follows the same pattern as we have seen with Range Resources, Sefton, Vialogy, Globo, Quindell, Iofina, blinkx, Gulf Keystone, Outsourcery etc. etc. Folks like myself and Paul Scott, the great share blogger, point out obvious reasons to sell and all we get is abuse. Paul posted this on ShareProphets yesterday re Naibu

Quindell Caption Contest - Numerous Brilliant Entries but the winner is...

Published 924 days ago

Yesterday I asked you to supply captions for the cartoon below. There were numerous superb entries and it is worth checking out the comments section on the original article for a good laugh HERE. But the winner is...

Secret Footage of Quindell's Accounts Department calculating Industrial Deafness Accruals

Published 925 days ago

ShareProphets has obtained some secret footage of the finance team at the Quinnovation Group calculating how much to accrue for Industrial Deafness. We apologise for the fact that our footage was shot in black and white but we hope this makes the process clearer.

Quindell Prize Caption Contest - win a lunch with Tom Winnifrith

Published 925 days ago

Easy peasy. To win a lunch with me on 30th September at Real Man all you need to do is supply the funniest caption for the cartoon below. Feel free to go with a non Quindell (QPP) theme but the Quinnovation Group or Quenron as it is sometimes known seems an easy target.

Quindell Bulletin Board Moron and Jew hating Bigot of the week – CriminalMind aka Daveycaferacer

Published 925 days ago

Posting as Criminalmind on the ShareProphets thread I am sad to see that one Quindell owning moron is not only a total moron but also a prize bigot to boot. It took me about five seconds to find out that the same poster had posted bigotry of a similar vein but under a different name on my personal blog and that as Daveycaferacer he is an active member of the pathetic QPPSAG. Do steamy & his fellow loons condone overt anti-semitism? Will they condemn one of their number for being a Jew hating bigot? 

Quindell and Jonathan Stretton Knowles, or is it Jon, or Stretton-Knowles – curiouser and curiouser: More Quindell Horseshit

Published 926 days ago

I flagged up HERE the very curious case of Skillwise and Jonathan Stretton Knowles. But doing some digging this becomes all the more mysterious and smelly. It really stinks even by Quindell (QPP) standards.

Quindell – It is obvious this will end in disaster says Paul Scott & Gotham Update

Published 926 days ago

I have noted before how I regard Paul Scott as the UK’s top share blogger. A trained accountant his judgement is, nearly, always bang on the money. And he is a nice chap although his recent Greek travel exploits seem a bit wishy washy to me – next time Paul fewer whinges about mosquitoes and tweets about cocktails, more frigana cutting! Anyhow, he posted a comment on Quindell (QPP) yesterday which is bang on the money and reads:

Quindell Claims Victory over Gotham in libel case. Bollocks. And I shall see you in Court Bitchez

Published 927 days ago

Quindell (QPP) has today declared victory in its libel case against Gotham City. As ever with Quindell it is not telling investors the real story. It has disproved none of the Gotham allegations in Court and almost none out of Court and this is why…

Quindell – I go undercover to see just how laughable its industrial deafness numbers are

Published 928 days ago

Quindell’s numbers for accrued revenue on Industrial Deafness will prove to be fantasy, in my opinion. That will mean massive writebacks of revenue and profits already booked, that all earnings forecasts are wrong and that a company threatening cash crisis is on the way by early 2015. Prompted by a former senior Quindell staffer to whom I have been speaking I went “undercover” today to show why.

Quindell now in “discussions” with Companies House over subsidiary accounts – what’s it trying to hide?

Published 929 days ago

So what is Quindell (QPP) trying to hide now? I guess that Rob Terry is getting a bit pissed off that I keep unearthing red flags in the regulatory filings of his 54 subsidiaries ( or is it 57, you kind of lose count). But in trying to reveal as little as possible it seems that the Quinnovation Group is now in a spot of bother with Companies House.

Why does Tom Winnifrith not work for a proper newspaper rather than just blogging?

Published 930 days ago

Bon, A Quindell (QPP) owning Moron, asks on this website why “If Tom Winnifrith is such a brilliant investigative journalist does he not work for a top newspaper, he is just a blogger” It is a very fair question and has a several part answer.

Where did Quindell get its logo from? Spot the Difference Competition

Published 930 days ago

Have you ever wondered where Quindell got its logo from? I think I have the answer for you in today’s spot the difference competition between the logo of Quindell and that of the satirical US website The Onion

Quindell & LSI (2013) Ltd – lawyers are on the case

Published 931 days ago

Feel like another red flag for Quindell (QPP)? Here’s the good news I have one for you! Lawyers appointed by the official receiver to LSI (2013) Ltd are now investigating its transactions with Quindell  – let’s go back to May 2013.

Quindell – Another Shock Body Blow from the Government revealed: Oh dear.

Published 931 days ago

What you mean Rob Terry has not told you about new Ministry of Justice Plans that will whack his medico legal business at Quindell (QPP). Well there’s a surprise. But if Rob cannot be bothered to warn you, I can.

Quindell, The Skillwise Deal and Jonathan Stretton Knowles – how about Rob Terry tells us the truth this time?

Published 931 days ago

Getting the truth out of Quindell (QPP) is like pulling Dragon’s Teeth. But here we go again on Skillwise Consulting, a newly formed company bought by Quindell owned Brand Extensions (run by Mark Ford) for £2.75 million on 1st September 2013. Remember the date.

Quindell – where is your injunction you threatened…you see I am working on a new Himex article?

Published 932 days ago

On 19th August Quindell (QPP) send me a fascistic lawyer’s letter demanding that by 4PM that day I agree to never write about it again; withdraw all articles and that I sign a letter drafted by them accepting I was wrong. If I refused to accept Quindell threatened to get an injunction to stop me writing. I said See you in Court Bitchez!

Quindell & RAC – The Divorce just does not add up

Published 933 days ago

And so Quindell (QPP) finally came clean yesterday an announced that its telematics JV with the RAC was no more. The statement does not stack up but then nothing does at Quinnovation Group. Let’s start with a reminder of this ground-breaking deal announced on April 7 2014.

Accruals for Dummies – yes ref Quindell

Published 933 days ago

Oh golly gosh, some folks should not be allowed near shares so great is their misunderstanding of basic accounting. I am not only talking about Laurence Moorse the FD of Quinnovation Group but also the Bulletin Board Morons as well. So – is it okay to accrue? Yes indeed it is sensible to do so. Is all accrual accounting prudent? No.

The Times, Quindell and me – a smear campaign by PR firm Redleaf Polhill accelerating?

Published 933 days ago

The Times Newspaper yesterday published an article on Quindell (QPP) and myself which is so palpably inaccurate but also sufficiently sinister that I reproduce it in full. If the Times pulls its lies in full and publishes a full retraction, clarification and apology I will withdraw the copyright breach. I sense that Quindell’s PR flunkies at Redleaf Polhill may be behind this article as part of their job of smearing me. 

Official Request to Financial Reporting Council to investigate Quindell

Published 936 days ago

Unusually among UK watchdogs and regulators the Financial Reporting Council is NOT a chocolate teapot. It has teeth. It will use them. And it will happily work with other agencies such as the FCA if they need to be drawn in. It is there to monitor accounts of all UK listed companies. I have today asked it to formally review the accounts of Quindell (QPP). The letter follows. 

Weekly Video Postcard #48 – Quindell, Frigana and Bombing the Shit out of ISIS edition

Published 936 days ago

Tom Winnifrith has sent in his latest video postcard and he starts with his new obsession chopping down the frigana at the Greek Hovel, It is all going very well and golden browning piles of the stuff now litter the property. 

Buy Your “2+2 can = 5, I’m a QPP Moron” T Shirt Now

Published 936 days ago

Our second fashion release today is targeted at the #QPPSAG and other fools who do not care about accounting fraud at Quindell.  Just for them, we have another must wear fashion item for the Autumn: “2+2 can = 5, I’m a QPP Moron” T-shirt. Displayed below is the fashion accessory for Autumn 2014 in red.

Buy Your “Quindell See You in Court Bitchez” T Shirt Now

Published 936 days ago

Released today is the must wear fashion item for the Autumn: “Quindell See you in court Bitchez” T-shirt. Displayed below is the fashion accessory for Autumn 2014 in red.

Quindell – no injunction for me as threatened? Why not...because it has committed fraud

Published 937 days ago

A week last Tuesday Quindell (QPP) demanded that I withdraw all articles on it, never write about it again and sign and publish a grovelling apology in my name but written by it by 4PM that day. Failure to agree would – I was threatened lead to legal action including an injunction – a Court Order to ban me writing. I said “see you in Court bitchez” and Quindell could easily have had me in front of a judge by the weekend. Injunctions work quickly. Here we are 11 days later and no injunction has been attempted. Why not? Because Quindell and thus Rob Terry have committed accounting fraud - and indeed admitted to it - and the last thing they want is to see me in Court.

The Old Bill take Away Death Threat evidence and ask Tom Winnifrith for a list of folks who hate him er….

Published 938 days ago

And so the Old Bill finally arrived in Clerkenwell yesterday. They were diligent, have bagged the death threat and seem to be taking enquiries seriously. A nice policewoman is in charge and when quizzing Real Man Pizza Company boss Darren Atwater, who opened the letter, she asked “might Tom Winnifrith supply a list of those who hate him?” Er…

Autumn Free Seminars with Pizza Season – Register now as 15 speakers now confirmed

Published 939 days ago

The ShareProphets free evening seminars with pizza season kicks off on September 29th and will run every other Monday until December 8th. We now have more than a dozen PLC speakers confirmed for the Autumn season and we will take first bookings for the September event next week for those who have registered HERE. Among the blogger talks already agreed are Tom Winnifrith on “Why Quindell is worth 1p or less” – to make sure you get to pre-book for that register HERE.

The Tooth Fairy more likely to be the 41% Quindell Customer in 2011 than an unrelated 3rd party

Published 940 days ago

Our weekend reader poll asked simply who you thought was the customer who accounted for 41% of Quindell (QPP) sales in 2011 – that is to say £5.6 million. It seems that folks think that it is more likely to have been the Tooth Fairy than a completely unrelated 3rd party.

Quindell Will Again Test Recent Lows

Published 940 days ago

Quindell’s (QPP) Interims duly arrived last Thursday and as is so often the case with this company when it attempts to reassure the market, yet more concerns were raised.  The share price has now lost all the gains in the run up to the announcement and it would not surprise me if they test the recent 140p low in pretty short order. And the ultimate target is a tiny fraction of that.

And here is today’s death threat for Tom Winnifrith

Published 941 days ago

Received by post at Real Man today, a charming letter with the address typed and a Mount Pleasant postmark ( ie sent from Central London). One can only speculate as to whether this fellow is a supporter of Hamas or a shareholder in Quindell (QPP). I suspect the latter. What a civilised world we live in.

An Open Letter to Laurence Moorse of Quindell re the “missing £15 million”

Published 941 days ago

Has Quindell (QPP) invested £15 million in its joint venture with the RAC yet? If so how is this accounted for? What is the real net cash position? The market does not know and needs to be informed. As ever, I want to be helpful and so this morning have sent a letter to the finance director at the Quinnovation Group, Mr Laurence Moorse. It reads:

Quindell Reader Poll – who do you think was the 41% customer in 2011

Published 942 days ago

Quindell (QPP) has steadfastly refused to reveal who was the 41% customer ( c£5.6 million ) of sales in 2011. So we wonder do our readers have any idea who it might be. Please vote below. The poll closes Tuesday at midnight.

Weekly Video Postcard from Tom Winnifrith #47 – Three Big Treats Edition

Published 942 days ago

There were three pieces of good news for Tom this week. The arrival in Greece of his Mrs, continuing weight loss and Quindell (QPP) threatening legal action. Tom discusses the third at length in his weekly video postcard.

Quindell & its dire REAL cash position at June 30th – back to the RAC Joint Venture

Published 942 days ago

Yesterday I asked if Quindell had actually paid the £15 million in cash into Connected Car Solutions its jv company with the RAC of which it owns 51%. Despite announcing the deal on April 7th there is no evidence at all in the interims that such a payment has been made – as you can read HERE. But this now poses three scenarios for the REAL cash position of Quindell at June 3th.

E-mail Pest of the week & guess what he wants me to stop writing about?

Published 943 days ago

Do you think that Mr Richard Woodhouse owns shares in a certain highly discussed AIM stock? I do. This charming fellow has just sent me this unsolicited email:

Quindell & Himex: how many shares in itself has Quindell sold this time? And More.

Published 943 days ago

The last time that the vendor of Himex sold a business to a Rob Terry run company it was sold for £50 million. At the same time certain other related businesses were lobbed into the pot and all in all it cost The Innovation Group c£60 million all in goodwill which was all written off within a year. Cosy was a cosy deal for some but not for Rob Terry believers – as explained HERE. Will it be different this time? I now refer you to the 2014 interims from Quindell and the year to March 2013 results for Himex which you can see HERE. Red Flags for lunch anyone?

Quindell, the RAC, those red flag infested interims and a missing £15 million

Published 943 days ago

Hat tip to poster Dalesider here on ShareProphets.com for alerting us to the fact that the Quindell (QPP) interims throw up another red flag and it concerns the much hyped deal with the RAC. Quindell says it is being restructured, I worry about the missing £15 million and wonder if the deal is in tatters as a result of Quindell’s cash crisis.

I am considering suing Antony Bowers of Quindell and Redleaf Polhill PR for libel

Published 944 days ago

I have been discussing with my legal advisors the possibility of suing Quindell (QPP) chairman and RedLeaf Polhill the PR agency that drafts Quindell’s releases for libel. This is not because I seek mammoth financial redress but because PR agencies and Company executives need to understand that smearing journalists is not acceptable.

Ocado – sell into the rally

Published 944 days ago

Shares in Ocado (OCDO) have become somewhat volatile of late. Last year this was hardly the case: the shares simply rose every day to everyone’s general bemusement and in many cases, my own included, considerable financial cost. 

US Oil & Gas – Last trade was at 34p – get out now while you can – target 0p.

Published 944 days ago

Last time I warned about the GXG listed POS that is US Oil & Gas (USOP) was on July 28 HERE when the market cap was £20 million. Based on the last trade at 34p it is now £13.98 million. It is overvalued by £13.98 million sell while you can. My target price remains 0p

Quindell – The Two Questions about the interims a bull must ask

Published 945 days ago

I emain ungagged despite the Orwellian legal threats made by Rob Terry & Quindell (QPP). Naturally the question I want answered by Quindell was which company was the 41% customer in 2011 – was it TMC Southern?. To see why that is critical and a potential nuclear landmine for Rob Terry read HERE. But there are two pressing questions anyone still daft enough to own Quindell must ask from the interims released yesterday.

Quindell plc – interims, balance sheet analysis

Published 945 days ago

Having earlier looked at the cash flow the interim results of Quindell plc (QPP) showed, in the following I look at the balance sheet impact…

Quindell plc – interims, cash flow analysis

Published 945 days ago

In a piece on the previous results statement from Quindell plc (QPP), I noted that investment greats have guided that investment is all about cash generation and that the investor is safest guided by demonstrable performance. In the following I update my cash flow analysis on Quindell for the interim results just released.

Quindell Interims – Accruals, selling shares it issued to itself and more in red flag feast - V2

Published 946 days ago

Who was the 41% customer of Quindell in 2011? Was it TMC which had a spare £5.5 million (more than 100% of stated PTP and cashflows) thanks to the Quindell shares it was issued with and flogged? I only ask because of a revelation regarding Quindell flogging shares it issued to itself in today’s interims. That stands out but what about those accruals? Boy oh boy.

Quindell Morons Smear Campaign – these people are just so incredibly stupid

Published 946 days ago

I see that on the Bulletin Boards Quindell owning morons have a new smear against me from 2010. It is just a pity that they are so clueless they cannot get their facts right. Our own demented loon of a poster Kebab has happily reposted it here while the guy who sent me a death threat on twitter – James Beckwith has now moved on from bogus restaurant reviews to tweeting the failed smear to me.

Why is TMC Southern not declared as a related party to Quindell in 2011

Published 947 days ago

In yesterday’s half-baked attempted rebuttal of my recent allegations against Quindell (QPP) the company inadvertently let something critical out of the bag and it now begs a quite enormous question about the 2011 accounts. I refer to TMC Southern.

Quindell & Himex – just a bit of background

Published 947 days ago

You thought Quindell (QPP) had gagged me with its threats? You misjudge me badly. When Quindell’s lawyers have read this please would they remember to ask your clients “did TMC contribute 41% of 2011 Quindell Turnover?” Think disclosure and bring on the legals, bitchez! Tomorrow I shall comment on the interims and then my wife arrives at the Greek hovel for our wedding anniversary week and I largely down tools until September. But for now I have started looking at Quindell’s biggest acquisition Himex. By way of background…

Quindell Lawyers Letter Received – it’s Stalinist and I shall see you in Court Bitchez

Published 948 days ago

I have this morning received a lawyer’s letter from Quindell (QPP) as has ShareProphets. It does not cite any specific factual errors made by me but none the less demands that I withdraw all articles on ShareProphets, put my name to an apology and admission of God knows what else drafted by Quindell and that I never write about the company again. Is this not a tad Stalinist?

CEO Fraud and Investment Decisions – Reader Poll Results

Published 948 days ago

At the weekend we asked our readers for their view on CEOs who commit fraud. And yes this does refer explicitly to Rob Terry at Quindell (QPP) who really must answer the simple question posed in today’s article HERE as well as numerous others as a matter of urgency. We asked how you viewed fraud in investment terms. You said:

Quindell – what Percent of 2011 sales came from the covert sale of Quindell shares? Almost 50%? And More than 100% of profits?

Published 948 days ago

Quindell concedes that in 2011 one customer accounted for 41% of revenue. In Gotham City’s detailed report on Quindell (QPP) it stated that this customer was SMI Telecom. That was the one point where Quindell stated explicitly that Gotham was wrong. For indeed I bet you £5 (that is not £2 + £2, but £5 in case Rob Terry wants to take the bet) that this company was TMC Southern and that this means that 41% of Quindell’s sales were simply round-tripped proceeds of the sale of Quindell shares. Let me explain.

Quindell Red Flag of the day (it’s a big one) – TMC (Southern)

Published 949 days ago

Gosh this is complicated. The Quindell (QPP) relationship with TMC Southern owned by Mark Ford (see HERE and HERE) is incredibly hard to untangle but one thing is clear: the numbers just do not stack up. Annual returns and reports conflict and there is an awful lot of cash which seems to have gone somewhere? Where? Read on…

Quindell Red Flag (small one) Note 20 2011 Annual report – that Chris Farrelly chap again

Published 949 days ago

This is just a small Red Flag but it is a tad confusing none the less. I refer you to note 21 of the 2011 Annual Report from Quindell (QPP):

Open Letter to Peter Shea CEO Daniel Stewart cc AIM Regulation re Quindell & fraud

Published 950 days ago

Peter Shea is CEO of Daniel Stewart a firm that listed Quindell (QPP), acted as its Nomad and broker from May 17 2011 to January 31 2012 and which was paid handsomely in cash, shares and warrants for its efforts. As Nomad to Quindell it was responsible for ensuring that it did not do things such as hand cash to pals of Rob Terry or lie to shareholders but did it do its job?

Quindell Fraud and the Golden Hello Argument – 20 years in prison for Rob Terry? Simon Hall Associates…Fraud Number 7

Published 950 days ago

A bull of Quindell (QPP) puts it to me that the SIX cases where I have shown that Quindell uses shareholder cash or issued shares to but worthless companies from pals of Rob Terry can be defended with the Golden Hello argument. I am afraid that “J the Bull” might simply push Rob Terry out of the frying pan and into the fire. I refer now to fraud 7 Simon Hall Associates. But I also raise the issue of potential breaches of the tax laws for which the maximum penalty for Rob Terry is 20 years inside.

Reader Poll – Is it acceptable to give shareholder cash to the CEO’s mates?

Published 950 days ago

Over the past few days we have uncovered evidence that on no less than FIVE, sorry make that SIX,  occasions Rob Terry handed cash belonging to Quindell (QPP) shareholders to his mates in return for worthless assets. Does this matter? I think it does but others may disagree. What do you think? Poll closes midnight on Monday. Vote now below.

The Quindell Rob Terry Fraud of the day: Sun UK Limited

Published 950 days ago

This is the gift that keeps on giving. Already I have unearthed FIVE transactions by Quindell PLC (QPP) where it has bought worthless companies off mates of fraudster Rob Terry with Quindell shareholders cash or shares. I am in a good mood as I trawl through another 51 subsidiaries so here is a sixth fraudulent deal for you, meet UK Sun Limited.

Fraudster Rob Terry of Quindell, the BestPriceHotDeals scandal – new revelation it gets worse

Published 950 days ago

Yesterday I revealed HERE how Fraudster Rob Terry had sent £139,000 of Quindell cash helping out a mate by buying 50% of BestPriceHotDeals.com  - an almost worthless e-tailer of garden equipment – from a pal of his Mr Farrelly. I am afraid this gets worse with a new revelation.

Jim Slater’s Two AIM share tips

Published 950 days ago

Jim Slater, father of UK Investor Show speaker Mark, is the controversial fellow who created the PEG (Price Earnings Growth) method of investment analysis. Using PEG analysis e has today served up two AIM listed stocks he reckons as buys in today’s Daily Telegraph. One of the, as it happens, is a stock Steve Moore and I have tipped on our Nifty Fifty website.

Quindell: Rob Terry Fraud of the day – BestPriceHotDeals.com Red Flag Number One Zillion

Published 950 days ago

Fraud is using shareholders cash on things that do not benefit shareholders. Rob Terry at Quindell has now been shown to have spent vast sums of shareholders cash buying worthless companies off his mates. That is fraud. I have already outlined a series of fraudulent deals and here is another one – BestPricedHotDeals.com

Quindell owning Moron James Beckwith moves from death threats on twitter to bogus restaurant reviews

Published 951 days ago

Last week Quindell (QPP) owning Bulletin Board Moron James Beckwith told folks on twitter that he’d like to put a knife to my throat – see HERE. This week he has a new game, joining all those other Quindell owning morons who delight in posting bogus reviews of Real Man Pizza Company on Tripadvisor.

Quindell and the £150,000 sweetheart deal with its lawyer Mark Hepworth – I have now contacted his employer

Published 952 days ago

Earlier today I revealed that Quindell had bought a company of which the sole active director and founder was its lawyer Mark Hepworth but which had no business and is still today dormant – that company was Utility Supplier Services and is described as a firm engaged in “the distribution and supply of electricity. You can read that story HERE

Quindell Red Flag of the Day: Now let’s turn to Utility Supplier Services Limited and Lawyer Mark Hepworth

Published 952 days ago

Quindell (QPP) Bulletin Board morons it is me again. I have been looking at another of Quindell subsidiary and it begs a few questions for you but also for the Southampton based law firm of Blake Lapthorn and Mark Hepworth a partner there. It’s another Red Flag day for Quindell.

Quindell Bulletin Board Morons – Abusing Me Strengthens Me, It won’t save you

Published 953 days ago

The attacks on me from shareholders in Quindell (QPP) continue. Yesterday say them produce & circulate a defamatory video alleging inter alia that I had an undeclared short position, that my restaurant was unprofitable, that I was very ugly, that all women hated me and that the Quindell Share price was zooming ahead. How very profound. Ugly is a matter of opinion, all the other points are demonstrably untrue.

Formal Request to FCA and AIM Regulation to investigate whether Quindell has committed fraud

Published 953 days ago

I have today written to the AIM Regulation team and to the FCA urging both bodies to investigate whether Quindell PLC (QPP) has defrauded its shareholders by paying large sums to buy either companies that have failed to generate any cash for Quindell (indeed they have burned it) or companies that were worthless shelf companies from mates of Quindell founder Rob Terry. Bulletin Board Morons might not like this but it is their company and their cash (as owners of the company) that has been spent and this needs to be formally investigated.

Quindell and the Business Advisory Service Limited Acquisition - £8.2 million more for Rob Terry’s pals

Published 954 days ago

Gosh I wish I was a pal of Rob Terry’s. Then Quindell (QPP) could offer millions of quid for my business irrespective of its true value. Heck it’s only shareholders cash.  Actually that' a joke, I'd rather drink Ebola than work for Rob Terry. Earlier I reported Quindell to its auditors over a series of sweetheart deals with Terry’s pal Mark Ford. Now I turn to Business Advisory Service Limited.

How many worthless companies has Mark Ford sold to Quindell? KPMG asked to investigate if fraud took place?

Published 954 days ago

I have today written to the senior partner at KPMG, Mr Simon Collins, asking if he should check whether there was undetected fraud in the 2013 accounts published by Quindell (QPP) and audited by his firm. By fraud I mean the payment of cash and shares to a long-time associate of Rob Terry to buy companies that were essentially worthless. Such payments would be fraudulent. The payments would also be fraudulent were it to be shown that the company had some value but nowhere near that paid and that the purchase price could not be justified.

Quindell back to 2011 again and an easy question for Mr 2+2 can = 5

Published 955 days ago

Sorry to be a pedant but I have to ask – who was Quindell’s (QPP) largest trading partner in its IPO year of 2011? Quindell has never made this clear and its use of language on the Gotham denial puzzles me. Perhaps Mr 2+2, Rob Terry, can assist? And while he is about it can he expain why he is so keen on handing over millions of quid belonging to shareholders to buy shelf companies worth £68.40 from his old pal Mark Ford ( spelt with an R) - see HERE.

Weekly Financial Video Postcard #45 – reasons to be very cautious

Published 956 days ago

Sitting on his newly constructed eco-loo in The Greek Hovel, Tom Winnifrith reflects on how much he is enjoying living on Greece but – sadly for Quindell (QPP) shareholders he is going to have to come back to the UK at some stage.

Why Companies are able to lie on AIM – the Failing Nomad System

Published 956 days ago

The way that the AIM Casino is set up is based on one great enormous conflict of interest and that is why companies can and do tell lies to investors – that is the Nomad (Nominated Advisor) system

In Defence of Tom Winnifrith.

Published 956 days ago

There are times when one has to speak up for those trying to shed light on the cess-pit that is AIM. That time has arrived as I write about Tom Winnifrith.

Quindell Infamy they’ve all got it In for Me – 2 press comments of note

Published 957 days ago

This is not today’s Quindell (QPP) main article, the Bulletin Board morons are going to have to wait a bit longer for today’s red flags. However I bring them a couple of press comments to keep them occupied pro tem.

SHOCKER:Red Flag of the day: Quindell And that Mark Ford fellow again – BE Insulation (UK) Ltd

Published 957 days ago

I gather that my first Mark Ford article HERE has had some effect round at the Country Club. Skillwise, the shelf company with no assets bought by Quindell from (I think Mark Ford) for £2.76 million in cash on August 30th 2013 has finally appointed some directors (Rob Terry and Laurence Moose). And it has extended its year end. So I guess some revenues will be put through it and it will not be struck off. But while we are on the subject of Mark Ford, let’s move onto BE Insulation Ltd.

The Unfilled threat to sue me, Evil Knievil and others – an obligation to short

Published 957 days ago

During my career I have had countless letters from companies threatening to sue me for libel. Bear raider Evil Knievil has had a good few too. I am not sure how Evil is doing but I have not yet lost a case.  And have only once or twice caved by taking an article down. The behaviour of companies that resort to legal action is telling. And incidentaly those that have threatened me have nearly all, already, gone tits up.

Has the Bubble Burst and If So how to prosper?

Published 958 days ago

A look at the chart of the Dow Jones shows that it has more or less gone up in a straight line for five and a half years. The current fall back to start of the year levels looks like no more that one of the various sub 5% blips we have had on this tremendous Bull Run.

The Official Rob Terry & Quindell Downfall Video

Published 959 days ago

All the players in the Quindell (QPP) tale are in there: Rob Terry, Laurence Moose, Mark Ford, PR girl Foxy Bex, Steamy from the ridiculous QPPSAG, Cenkos, Kevin Ashton, Daniel Stewart, Gotham City, ebola, the UKLA and Canaccord. I hope you enjoy watching as much as I enjoyed producing this video.

The Top 10 Shorts for the summer reviewed – Naibu leads the way

Published 959 days ago

A month ago myself, Evil Knievil, Lucian Miers and Matt Earl (the Dark Destroyer) agreed on a sort of joint top ten UK stocks to short for the summer. Since then the FTSE 100 has fallen by 8%.  As you can see below our average fall is 10.51% so we are doing okay so far. Only two of the ten are up. 

The ethics of Rob Terry at Quindell – let’s go back to 2011 and also to his old pal Mark Ford

Published 960 days ago

If you are a bull of Quindell (QPP) then that must largely be because you trust its founder, Mr 2+2 can = 5 Rob Terry. After all almost 40% of the revenue Quindell books this year will be accrued (i.e. not even invoiced but just based on what Rob Terry thinks will come in). He has bought businesses for massive prices from old friends based on what they might do (Himex and of course Brand Extension as exposed HERE yesterday).  So you trust Rob Terry.

Stanley Gibbons Property Sale – That is Real Asset backing: Buy & TNAV explained re Quindell

Published 960 days ago

Stanley Gibbons (SGI) has announced it has exchanged contracts on a £4.5 million sale of its freehold property at Adelphi Terrace in London, with completion scheduled on or before 17th November. The company added that by this time all of its specialist collectibles trading and auctions divisions will be co-located at its Strand premises. 

Editorial comment; why the overwhelming majority of our critics are wrong

Published 960 days ago

I came face to face with a serpent yesterday; the pernicious temptation to short a stock on the basis of a piece I knew Tom was about to publish. I spoke with Tom in the morning and he told me about the £4.5million bombshell he had uncovered. This revelation was so explosive I don’t mind admitting it was the first time the thought of opening a position against Quindell (QPP) crossed my mind. I am human and just as flawed as anyone else. I also have a young family and the lure of easy money is all too enticing. I could easily have opened a spread bet or got a friend to short the stock on my behalf. But I didn’t. You see this is what most of our critics completely fail to see. We have positioned ourselves at ShareProphets to attack market abuse as vigorously as we can. Whatever else you might say about us and our editorial style we are not stupid people; far from it. How dim would we have to be to throw stones in a glass house we have chosen to build?!!!!

Today’s Death Threat on Twitter for Tom Winnifrith

Published 961 days ago

Another day at the office and another cheery missive from a Quindell (QPP) shareholder who is a member of the #QPPSAG – check out the twitter feed of James Beckwith. 

Quindell and ANOTHER (misleading) Trading Statement as the shit hits the fan

Published 961 days ago

On 14th July Quindell (QPP) issued a trading statement. Its interims are on 21 August. And so today it issues, er um yet another trading statement. Why? Because its shares are in free fall. The statement implies that all is well and the shares have clawed back some of their losses but it simply fails to deal with the bear case. My stance is still sell with a 1p target. Here is why you should view this as a selling opportunity. 

Quindell and that £2.75 million & £1.75 million pissed away – who is Mark Ford, the shocking tale of Brand Extensions and Skillwise

Published 961 days ago

In the run up to September 30th Quindell (QPP) faces not only a critical cash crunch but also the unpleasant task of filing annual returns for a host of associate and subsidiaries and these will – I guarantee – prove to be a veritable red flag forest. The first of these reports is now in, Brand Extension, and this will shock even the #QPPSAG as they ask where shareholders cash has gone. Do Nomad Cenkos and broker Canaccord – to whose compliance department this article is going – have no qualms about this company?

Quindell four times as likely to go bust as Greece, but Piers Linney an even worse bet say ShareProphets readers

Published 962 days ago

At the weekend we set up a poll asking which of ten candidates were the most likely to go bust. The results are not terribly surprising save for the touching faith folks have in Greece.

Evil Knievil’s top three shorts and targets: Quindell, Mothercare and Globo

Published 962 days ago

Infamous bear raider Evil Knievil believes that equity markets will have a poor next few months but his short portfolio is based on company specifics. In a conversation just now we discussed his biggest three short positions. And they are: 

FCA Hushes Up Reasons why Quindell did not get premium listing but read the reasons…Ooooh er missus

Published 962 days ago

As I expected the FCA has today rejected my Freedom of Information Request to discover why Quindell failed to make it off the AIM Cesspit and onto the main market. But look at its reasoning. Ooooh er missus…

Quindell – A Question, an Answer and a Cut in Target Price to 1p

Published 963 days ago

Today’s shock news about the RAC has sent Quindell (QPP) shares diving – they are now at 180p. The whole thing stinks. You can read my initial take HERE. But I now move on.

Spread bet tip: buy the recovering FTSE100 at 6,644

Published 963 days ago

After last week’s sell-off across the main global equity markets, this week has got off to a relatively benign start. The FTSE trades at 6,686 (last seen), but the index is within touching distance of key MIDAS support. If the selling continues and this level is breached, this could, once more, provide an excellent opportunity to go long Britain’s primary index.

Quindell – The Great Unravel begins: RAC deal hits the buffers: FT – Questions of (lack of) cash

Published 963 days ago

The Financial Times today reports that the much heralded Quindell (QPP) deal with the RAC has stalled big time. This is the start of the great unravel for at the bottom of it all is cash. Or lack of it. The FT states:

Evil Knievil says I should not use the phrase Bulletin Board Morons - Fat Chance

Published 964 days ago

It seems as if the infamous bear raider is going soft in his old age as he has urged me to stop using a phrase I first coined “Bulletin Board Moron.” I am afraid that I am as likely to take advice from Evil Knievil on how I write my articles as I am on his handy tips for weight loss.

Weekly Financial Video postcard #44 – Supra normal returns and earnings visibility Edition

Published 964 days ago

Sitting on top of his newly constructed uber-green eco-loo at the Greek hovel, Tom Winnifrith discusses what the market sell-off of last week means for shares and which shares are most vulnerable.

Quindell – Perhaps you might explain who runs Intelligent Claims Management?

Published 964 days ago

I am only asking? It just seems that it appears to be two men who think that they are CEO of Intelligent Claims Management (ICM) and the company website is not terribly helpful. Perhaps – if he is not too busy digesting the latest bad news on whiplash – Mr 2+2 can = 5, Rob Terry might unmask the imposter. Oh…and answer another pesky question on shares while he is about it.

Reader Poll: Which of the Following is most likely to go bust

Published 965 days ago

The sharp sell off last week in equity markets could be the precursor of worse to come. Argentina went bust. The biggest bank in Portugal seems to be heading the same way. So in this cheery vein this week’s reader poll asks who is next to go bust. We offer you a range of ptions. Vote now, poll closes Sunday night:

10 Reasons to be bearish about shares & why Malcolm Stacey is wrong

Published 965 days ago

Malcolm Stacey is a great man and one of the nicest guys in shares. But his bullishness about equity markets is wrong. And here is your 10 point checklist as to why it is right to be bearish.

Why don’t you behave like a proper journalist? I worry about your credibility…said the Moron

Published 967 days ago

It happens once a day. Some helpful fellow – who inevitably owns shares in Quindell (QPP), blinkx (BLNX) or Globo (GBO) says that I do not behave like a proper journalist and offers helpful suggestions about how to improve my zero credibility. Inevitably one of those suggestions is to write less about blinkx, Quindell and Globo but there are others. Let’s get this straight.

Quindell – Back to that Canaccord note, revenue recognition & Slater & Gordon

Published 967 days ago

Oh boy I am confused now about Quindell (QPP) and its revenue recognition policy please can a Bulletin Board Moron help me out on this one? Once again I refer to the note from house broker Canaccord – which you can see here – this time with reference to Slater & Gordon another ambulance chaser firm of lawyers.

Paul Scott’s Red Flag Spreadsheet

Published 969 days ago

This is a truly brilliant spreadsheet from Paul Scott, the person I rate as the UK’s top share blogger and an all-round nice guy to boot.  In saying all round this is not a reference to his figure although….  Paul does not write for this site and is fiercely independent in his views but he has graciously allowed me to publish this anyway. And so especially for followers of Quindell (QPP), Globo (GBO), Outsourcery (OUT) and a good few others…

Financial Video Postcard #43 – The Real Prospects for Equity Markets

Published 971 days ago

Sitting next to his newly constructed uber-environmentally eco-loo at his Greek Hovel Tom Winnifrith’s weekly video postcard does NOT mention Quindell (QPP).

Purecircle: The Last Shoe Yet To Drop?

Published 973 days ago

In the last two years my seven most covered bear selections have been: Gulf Keystone (GKP), Iofina (IOF), Cupid (CUP), Quindell (QPP), Globo (GBO) Avanti(AVN) and Purecircle (PURE). With the exception of Purecircle, the other six are all firm retail favourites and I often wonder what it is that draws the private punter like a flame-bound moth to such eminently shortable stocks. One can highlight various useful themes but all seem to throw up exceptions – modestly I point oiut these have all bar one (so far) been great short calls by my good self.

Quindell & Industrial Deafness – how the “industry” works and why that means Quindell’s numbers do not add up

Published 974 days ago

In 2014 Quindell (QPP) will book revenue of £228 million (28% of group sales) from Industrial Deafness claims where it will generate not a cent of cash. Those revenues are based on the estimates provided by Mr 2+2 Can =5 Rob Terry and his fellow directors and will ensure Quindell hits EPS forecasts. But anyone looking at this industry must recognise that Terry is bullshitting. Here’s why. Meet The Hearing Clinic.

If you are serious about making money from shares, there are three reasons to read on NOW

Published 975 days ago

Are you serious about making money from shares? Yes? There are three reasons to read on as a matter of some urgency.

The ShareProphets top 10 Stocks to Short – Reader Poll on next to Slump Results

Published 976 days ago

Two weeks ago Evil Knievil, Matt Earl, Lucian Miers and I served up our top ten stocks to short this summer and why – HERE. Avanti Communications (AVN) has already done the decent thing and issued a profits warning. We asked our readers at the weekend to vote on which of the ten would be next And the results are:

Quindell and ALL the reasons for the failure to make it to the Main Market – FOI Update & questions on share sales despite lockins?

Published 976 days ago

Quindell (QPP) has steadfastly refused to give ALL of the reasons why the UKLA refused to allow it to move off the AIM Cesspit – where it belongs – and onto the main market. It cited one clause of the listing rules as being “particularly” to blame but will just not say what all the reasons were. And so I submitted a Freedom of Information request to the FCA weeks ago. That was acknowledged then in a standard way.

Director purchases and sometimes lazy longs ...The Dark Destroyer warns you

Published 976 days ago

Long and wrong shareholders in Quindell (QPP), Avanti Communications (AVN) and Globo (GBO) please take note of this warning amd case study from the Dark Destroyer Matt Earl. Matt Writes: A common misconception used by longs against short sellers is that a short argument can be negated by the fact that a shorted company's management may have bought stock (typically subsequent to a short attack). This is not always so and can be a dangerous (and lazy) assumption. One of many instances where it proved a mistake is in the case of Connaught (CNT). 

Quindell & that Canaccord Note – Just how aggressive and realistic is ID revenue recognition

Published 977 days ago

How much revenue will Quindell book for Industrial Deafness work this year? And how much cash will it earn. The answer according to its own house broker Canaccord is £228.4 million (well over 25% of group sales)  and er….zippo. This begs incredibly serious questions about the revenue recognition policies of Quindell in this new, Quindell untested, area.

Sorry to be a pedant but Quindell & Cash Collection and Canaccord (again)

Published 978 days ago

I am sorry to be a pedant but why is it that the joint broker to Quindell (QPP) Canaccord appears to think that ithe company's projections for cash collection in the critical QLS division are wildly optimistic?

ShareProphets

About ShareProphetsTerms of ServiceForgot My Password
Contact UsPrivacy PolicyForgot My Username
Advertise With UsCookie PolicyResend Account Validation Token
Send Us A Tip

Data by ADVFN / Site by Everywhen /