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It is one month to Gold & Bears and we now have a A1 bear speaking line-up. I hope that all bearcast listeners will be coming along - details on how to get a free ticket are HERE. I then discuss the new Bond. Political correctness gone mad. Then it is onto Meggitt (MGGT), Chemring (CHG), Plutus Powergen (PPG) - a total ffing disgrace - Petra Diamonds (PDL), DJ International (DJI) - my heroes of the day - CEB Resources (CEB), UK Oil & Gas (UKOG), Auhua (ACE) and the other China Norfolks, PeerTV (PTV) , LGO Energy (LGO) and I have a warning for the board at Minera (MIRL), I have a "treat" for you guys later. Smiley face.
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Comments
TheMadStork
Unfortunately have to agree re PPG. I was a big bull of the stock, but this naked greed is just unacceptable.
I’ve also got a golden ticket for G&B. Will I regret this yes/no?
TIANDB
DJI.L
DJI Holdings plc (DJI), formerly DJI Holdings Limited, is a United Kingdom-based licensed and authorized distributor and promoter of Chinese lottery products. The Company is engaged in content and promotions partnerships with provinces and online retailers. The Company offers back-office lottery ticket fulfilment services to online retailers. It also offers content, packaging and incentives to consumers through its branded Websites and mobile applications. The Company has welfare tele draw licenses and contracts to fulfill sports lottery covering around 11 provinces. In Welfare, DJI operates official provincial Websites for Shanghai, Beijing and Guangxi provincial welfare centers. In addition, the Company operates three branded Websites: Haoyuncai.com, Woying.com and Haowei.com. The Company’s subsidiaries are licensed and/or contractually authorized to distribute and promote sports and welfare lottery products online, through mobile and through physical retail outlets across China. ( C/P from google )
Not on your Norfolk List ?
Pain Au Chocolat
“CEOs who suck up to me win no favours”. One has to ask what Andrew Bell is sucking then. I can’t help reading the Shareprophets worthy criticisms of fraudulent companies, companies pulling the wool over investors eyes and noting how some of the red flag ditties apply so well to Bell companies. We know he is your best mate but he is still a CEO that has decimated shareholder value most everywhere he has been involved yet continues to pay himself handsomely and uncharacteristically slip under the Shareprophets radar. One of your detractors claims Bell pays to stay off these pages. Is that true?
TW. Nope Bell does not pay to stay off these pages. But as it happens am feeling a bit skint right now so all donations from CEOs welcome. Only kidding!Pain Au Chocolat
Excellent Tom, you should be able to get yourself an island next to Branson for what Bell would have to pay if he wasn’t protected by you. We know he has money, lots of it.
martin ashworth
Petra Diamonds has been falling for about a month now, for no particularly logical reason, other than general malaise, yet today, we see the profit figures (though not the Carat production ) are quite poor. It’s as if those in the know had already sold out, ahead of results – surely that couldn’t happen cud it ? ! LOL.
Striebs
Political correctness gone mad would have been Bond going for his boyfriend .
It’s only a matter of time .
MrMoto
A hat tip for getting a hat tip from John Ficenec at the Telegraph, a great commentator. Always suspected he was a closet Shareprophets reader.
Shareprophets is like Germaloids, a great product but no-one ever admits using it.
Jimbo
> The cost of borrowing will be going up over the next 12 months.
I wish this was going to be true Tom, but not without a bond market revolt it won’t. Central Banks have got themselves trapped. My money is on expanded Japanese QQE by the end of this month. No way are the FED going to raise voluntarily in December either and risk screwing those Christmas retail sales.
Does the following video of Janet Yellen in action give you any confidence whatsoever:
https://www.youtube.com/watch?v=Z4hDOIFtX8k
I don’t believe in the “Elite NWO” BS from the poster of this video, but I do think these bureaucrats and their crony capitalist masters in the banking system are a danger to us all. They are not going to raise interest rates voluntarily. I believe the mad monetary experiment they began in 2009 is going to be expanded into something that will go into the history books in terms of the scale of its stupidity… None of them want to be the one who bursts the debt bubble on their watch. They will pull out all the stops to try to keep it going. Unfortunately for them, systems driven by ponzi finance have historically always failed so it will happen to one of them sooner or later…
J P Spaghetti
Not been able to listen to the Bearcast yet (issue at my end – not a tech. glitch), but Meggitt caught my eye after the recent SP slump. Commercial issues aside, I’ve used their kit recently and can vouch for it being quite sound (for what that’s worth!).
STRIEBS – seems poor Sir Roger received a bit of flak recently after some pusillanimous numpty journo. took his comments re. Bond being white and male out of context. The context, of course, was faithfulness to Fleming’s creation. Heaven forbid!