UK 18:49 Friday, 23 October 2026
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Bearcast

Tom Winnifrith Bearcast 22 Feb: A dying cat, a moronic follower of Lenigas & Gavin Burnell's kiss of death

A lot of references today to yesterday's podcast covering cats and Andrew Monk's puzzles (see HERE). Today I answer the money puzzles and I am afraid there is very bad cat news indeed. So I really dont care about shares and it was not a good day for a moronic disciple of David Lenigas with 9 followers to have a go at me on twitter. As it happens I have a few things to say about Jabba who I will be nailing for good within six weeks. I also look at Nomad resignations, Auhua (ACE), DQ Entertainment (DQE), Milestone (MSG), Litebulb (LBB) and then at Magnolia (MAGP) and the wider career of Gavin Burnell.

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Comments

  1. not bashing a ceo’s flip flop on horse hill bcos of his views on the eu is a non sequitur


  2. Drunken Sailor

    We are right, Monk is wrong – he should have spent less time on the river and then afterwards in the bar boring everyone with how they rowed up the river and then turned round and rowed back down the river.

    Sorry to hear about Tara, nothing lives for ever, at least you gave her a loving home in which to see out her days.

  3. Commiserations on the Cat front …….. these losses are very hard to bare when they have been a long term family member and one has thus got to know every subtle nuance of their particular character and behavior. Rest in Peace Tara .


  4. Daniel Victor

    I’ll try again.The fact that you picked a white marble makes it impossible that you selected the bag with two black marbles.It also makes it more likely by a factor of 2 to 1 that you chose the bag with 2 white marbles than that you chose the bag with 1 white and 1 black.When you started,there was a 1 in 3 chance of picking any 1 if the three bags,but the marble you have chosen has changed those odds. Suppose,that there was one bag with ten black marbles,one with ten white,and one with just two white and eight black.Now hopefully it is easy to see that if you pick a white marble,it is far more likely that you have selected the bag with ten white marbles than the one with only two white and eight black. My sympathy and commiserations about Tara.

  5. I remember this one and it’s a total mind fucker. It’s all down to the fact that you would always chose the white marble from Bag C – this is not the case. At the start the probability of picking a white marble is 2/3. That remains the case after one marble has been drawn irrespective of colour. Commiserations for Tara.

  6. Mr Monk et al is wrong. If he were right it leads to the following concepts.

    The more often you play the national lottery the better the odds are that you will win. That is clearly false

    If inflation inflates a value and deflation deflates one then Mr Monk has it that if an economy is suffering loss of value by deflation then you can recover an economy merely by increasing the rate of deflation, again clearly false.

    Take 100 black balls and 2 white balls, shut you eyes and choose a ball. Mr Monk has it that if you choose a white ball then when you do it again and choose another ball you will have increased your chance of choosing the other white ball merely by choosing the 1st, in reality you reduce your chance of pulling the other white ball not increase it

    There is a game on television whereby you try and win by choosing a high value box , Deal or no deal. Towards the end of the game you are given the choice as to whether you should swap the box. Should you swap the box.

    Let the number of boxes be n, entropy occurred at the rate of n-1 per box (your box is never excluded). Therefore by the time you get to the last box, whole entropy has been used up. Therefore the last choice come totally for free, suffers no entropy and will increase your chances of winning. By reason of entropy you should swap the every time.
    Go check on the internet, someone will have done the algorithm, it will tell you to swap the box, just as I have said you should, I used entropy they will have an algorithmic approach, same outcome..

    Lastly back to the lottery. If Mr Monk was right then on week 2 of the lottery no one would win if that had chosen for week 2 any number the lottery threw up in week 1. Let n be the number of balls in the lottery then Mr Monk has it that on week n+1 no one would ever win a single penny on the lottery ever again no matter how many people played and no matter how long they played

    My answer of 20% is the correct answer

    I am sorry about your cat. I doubt anyone else would have given her the life she had with you and your wife,

  7. this is an age old probability test that seems so intuitively wrong… https://en.m.wikipedia.org/wiki/Bertrand%27s_box_paradox And a similar variant. https://en.m.wikipedia.org/wiki/Monty_Hall_problem

  8. Tom,

    Sorry to hear about Tara… that’s a real shame.

    Nevertheless let me, as yet another boring boatie (you’ld never believe I was once a lightweight), try another way of explaining the probability conundrum to you.

    If you think about all the things that can happen then we will end up with six different outcomes,

    We could pick the bag with two black balls and we pick black ball 1 – Outcome 1 (I’m holding a black ball)
    We could pick the bag with two black balls but we pick the other ball – Outcome 2 (I’m holding a black ball)
    We could pick the bag with mixed balls and we pick the black ball – Outcome 3 (I’m holding a black ball)
    We could pick the bag with mixed balls and we pick the white ball – Outcome 4 (I’m holding a white ball)
    We could pick the bag with two white balls and we pick white ball 1 – Outcome 5 (I’m holding a white ball)
    We could pick the bag with two white balls and we pick the other ball – Outcome 6 (I’m holding a white ball)

    So there are three outcomes where we start off holding a white ball and in two of the outcomes we had picked the bag with two white balls. So the chances of that happening is 2/3.

    Does that work… It does feel counter intuitive to not be 50/50 and it made my brain whirl for a bit, but once you have mapped out all the possibilities then it all falls into place.

    Steve


  9. Drunken Sailor

    Shaun,

    The box problem is a different problem as there are 2 distinct draws and therefore a difference between what is found in a particular draw. This is where Monk has gone wrong with his bag problem, where it does not matter which ball is picked out. You cannot equate bags to draws with two halves

    Tom and I are right, Monk – the boring boatie who went to the wrong university and therefore has 2 strikes against him as opposed to Tom, who only has one, as he was not a boring boatie but went to the wrong university, is wrong and should admit it.


  10. Warren Buffoon

    Sorry to here about the cat, it’s good you picked the older cats from the sanctuary, gave them a good quality of life.

  11. Phil ,

    I don’t think that is what Mr Monk is saying .

    The starting point is after the first ball has been chosen .

    Although the two white balls in bag A are identical and indistinguishable , to help solve the problem , treat them as if they are uniquely identifiable .

    Bag-A contains A1W A2W
    Bag-C contains C1W C2B

    Given that you have already chosen a white , there are 3 possibilities for which ball you have already chosen ; it is either A1W , A2W or C1W .

    Thus there are 3 equal possibilities for the ball you will chose next ; A1W,A2W,C2B .

    Therefore only a one in three chance of choosing C2B .

  12. PHIL you are so far off the mark. Once you have selected the first white ball you don’t have any further choice, the second ball is already selected at that point.

    Either:

    1) You have the bag with the black ball in
    2) You have W1 and the other ball is W2
    3) You have W2 and the other ball is W1

    I proved it on the other thread with a 1 million permutation perl program. After a white ball selection the other ball in the same bag is white 66% of the time.

  13. Commiserations about Tara- rest in peace


  14. David Russell

    Sorry about Tara hope you and your wife am OK. We lost Molly last week and its killing me so I do understand. I also remember Kitosh.:)


  15. Russ O'Callaghan

    Sorry to hear about Tara, Tom. I know I’ll feel just the same way when our old tortoiseshell goes. And that cannot be long away now.

Complete Coverage

That Was the Week that Was 7 Days of ShareProphets

Friday »

Greek Tear
NEW: Win an off peak week at the Greek Hovel and help me out contest
  • By Tom Winnifrith
  • 23 October 2026, 16:20
DEBS
Boohoo – emphasises “first time the group has delivered positive profit before tax since August 2021”, but has it really though?…
  • By Steve Moore
  • 23 October 2026, 16:20
Bearcast
Tom Winnifrith Bearcast: Am I shitting bricks abut the FCA and market abuse, a law suit or my portfolio? er...No!
  • By Tom Winnifrith
  • 23 October 2026, 16:17
RBN
Robinson plc – another “Trading Update” = another profit warning (natch!)
  • By Steve Moore
  • 23 October 2026, 15:07
PRD
Video: Crazy old coot knows why shares in his company tanked, nothing to do with a massively discounted placing of course!
  • By Tom Winnifrith
  • 23 October 2026, 12:41
DGQ
Delta Gold – that share buying spoofing is really not going well at all, as EK could have told you
  • By Tom Winnifrith
  • 23 October 2026, 12:07
GEX
Letter to the FCA – suspend Georgina Energy shares now and launch a full enquiry
  • By Tom Winnifrith
  • 23 October 2026, 11:34
GBG
GB Group – half-year trading statement, now a value Buy?
  • By HotStockRockets
  • 23 October 2026, 11:16
CRTA
Letter to Stifel Europe, Nomad to Cirata – do you still have faith in Stephen Kelly? Nobody else does!
  • By Tom Winnifrith
  • 23 October 2026, 10:35
GEX
EXPLOSIVE GOTCHA!: Georgina Energy has misled market 100% about its drilling permits ahead of 2 fundraises
  • By Tom Winnifrith
  • 23 October 2026, 09:55
VLRM
Valereum and the California $32 billon mining claim fraud Part 3, more red flags
  • By Tom Winnifrith
  • 23 October 2026, 09:35

Thursday »

IKA
Ilika – “Launches ORKA Brand for Marine Applications”, ramptastic?
  • By Steve Moore
  • 22 October 2026, 16:05
Bearcast
Tom Winnifrith Bearcast: helping Wishbone gerbils with maths on its cash crisis & the AQSE paradox
  • By Tom Winnifrith
  • 22 October 2026, 14:27
Crime-Scene
A Message from Paul Mathieson
  • By Tom Winnifrith
  • 22 October 2026, 14:14
FAB
Fusion Antibodies – a “delighted to have secured” contract win, attempted ramptastic?
  • By Steve Moore
  • 22 October 2026, 13:19
VLRM
Chat GPT analyses the Valereum LIES ( 2026 only)
  • By Tom Winnifrith
  • 22 October 2026, 12:39
JR-Ewing
Video: ‘Ragingly Tight’ Diesel Markets, Skyrocketing Inflation & The Escalating Iran War
  • By Tom Winnifrith
  • 22 October 2026, 12:30
VLRM
BREAKING: Valereum – this is FRAUD Part 2 on the California Bezzle
  • By Tom Winnifrith
  • 22 October 2026, 12:21
WSBN
A letter to London’s worst Nomad – re Wishbone gold and the planned rescue placing, is it 10p or lower?
  • By Tom Winnifrith
  • 22 October 2026, 11:27
ATG
Auction Technology – trading “slightly ahead of current market expectations”, but what’s already discounted in the share price?
  • By Steve Moore
  • 22 October 2026, 10:58
VLRM
BREAKING: Valereum – this is FRAUD Part 1 on the California Bezzle
  • By Tom Winnifrith
  • 22 October 2026, 10:27

Wednesday »

GELN
Gelion – full-year results, how “strong” ‘a platform to support the group’s next phase’?
  • By Steve Moore
  • 21 October 2026, 16:09
Bearcast
Tom Winnifrith Bearcast: Evil Banksta gets a Mobico financial kicking, thank heavens for Andrew Monk and his bodged placing
  • By Tom Winnifrith
  • 21 October 2026, 15:07
VINO
Virgin Wines UK – a full-year swing from more than £1m profit to more than £1m loss… so an argued “another excellent year of progress” (natch!)
  • By Steve Moore
  • 21 October 2026, 14:16
EDGE
BREAKING: Falconedge – statement needed, shares collapsing! Told y'all!
  • By Tom Winnifrith
  • 21 October 2026, 12:24
PBX
ProBiotix Health – Q3 update, a dealing with the “global uncertainty” Buy
  • By HotStockRockets
  • 21 October 2026, 11:17
DOM
Domino’s Pizza – Q3 update, is the emphasised “continued positive trading momentum” ‘tasty’ enough for the valuation?
  • By Steve Moore
  • 21 October 2026, 10:58
WSBN
BREAKING: Wishbone – looking to raise up to £2m at as low as 10p – City source
  • By Tom Winnifrith
  • 21 October 2026, 10:50
Fake_News
Camilla Tominey at the Telegraph claims BREAKING scoop on Liam Byrne MP -the shameless hussy is TWO YEARS too late!
  • By Tom Winnifrith
  • 21 October 2026, 10:30
KEN
Colin Bird tell me I am wrong: Kendrick Resources has no cash left at all
  • By Tom Winnifrith
  • 21 October 2026, 09:34
ECOB
Photo : Eco Buildings, perhaps this explains the share spike?
  • By Tom Winnifrith
  • 21 October 2026, 08:25

Tuesday »

TRI
Trifast – “confident in delivering further margin improvement”, but what about in overall profitability?
  • By Steve Moore
  • 20 October 2026, 16:29
Bearcast
Tom Winnifrith Bearcast: Probiotix and Invinity
  • By Tom Winnifrith
  • 20 October 2026, 16:23
G4M
Gear4music – I having last month noted caution on half-year performance, what about now a “Half Year Trading Update”?…
  • By Steve Moore
  • 20 October 2026, 14:27
ECOB
Eco Buildings – no I do not have a scooby
  • By Tom Winnifrith
  • 20 October 2026, 13:58
TRUE
Truetide – SMTM ( or lack of it)
  • By Tom Winnifrith
  • 20 October 2026, 12:47
IES
After Invinity crashes, the truth about its botched placing & who is next: A Vindicated Evil Banksta spells it out
  • By Tom Winnifrith
  • 20 October 2026, 12:04
TIN
Cornish Metals: £135 million fund raise at just 60p, am I being suspicious?
  • By Tom Winnifrith
  • 20 October 2026, 11:23
GEN
Genuit – I having written in May ‘a profit warning ahoy here?’, what about now a nine months trading update?…
  • By Steve Moore
  • 20 October 2026, 10:46
BSFA
BSF Enterprise and the patent spoof: an expert writes
  • By Tom Winnifrith
  • 20 October 2026, 09:44
Collapsing-Reactor
BREAKING: Alessandro Zamboni’s Nuburu censured by NYSE American SE for late publication of material events, the trap door of delisting gets nearer
  • By Tom Winnifrith
  • 20 October 2026, 09:20

Monday »

VLX
Volex – “profit expected to be towards the upper end of current market expectations”, but how’s the outlook?
  • By Steve Moore
  • 19 October 2026, 16:19
Bearcast
Tom Winnifrith Bearcast: 2 sets of red faces & a zero by Thursday?
  • By Tom Winnifrith
  • 19 October 2026, 15:44
GELN
Gelion – “Strong Independent U.S. Validation of Gelion's NES”, timely ramptastic?
  • By Steve Moore
  • 19 October 2026, 13:34
DGQ
Artificial Intelligence is not as clever as bear raider Evil Knievil, a self styled natural genius, – Delta Gold
  • By Tom Winnifrith
  • 19 October 2026, 12:56
MNTL
Technology Minerals fesses to Recyclus Winding Up Order from HMRC but there’s a bigger issue
  • By Tom Winnifrith
  • 19 October 2026, 12:27
IES
GOTCHA Monkey you smug bastard: Invinity bailout at just 10p
  • By Tom Winnifrith
  • 19 October 2026, 11:07
BMV
THIS SMELLS: Bluebird Mining and a spoof share buyback, has Sath passed the BVI solvency test?
  • By Tom Winnifrith
  • 19 October 2026, 10:39
MIND
Mind Gym – “the drive to advance cash receipts in the business model continues to prove successful”. Er, does it?…
  • By Steve Moore
  • 19 October 2026, 10:38
Crash
The great impending stockmarket crash of 2026/27 - a podcast with Lucian Miers Part 2
  • By Tom Winnifrith
  • 19 October 2026, 08:16
Boom
When Cult Wines goes tits up here’s my prediction, just look at Trustpilot!
  • By Tom Winnifrith
  • 19 October 2026, 08:15

Sunday »

Crash
The great impending stockmarket crash of 2026/27 - a podcast with Lucian Miers Part 1
  • By Tom Winnifrith
  • 18 October 2026, 16:54
Bearcast
Tom Winnifrith Bearcast: the stockmarket crash of 2026 and Syrian questions
  • By Tom Winnifrith
  • 18 October 2026, 14:21
AET
Afentra shares have plenty of upside potential whilst oil prices remain high - buy
  • By Gary Newman
  • 18 October 2026, 10:28
Gold
The View From The Montana Log-Cabin As Gold Is Marooned And I Take A Brief Look At Golden Prospect’s Prospects
  • By Nigel Somerville
  • 18 October 2026, 09:18
Quiz
The ShareProphets Sunday Pub Quiz #368
  • By Darren Atwater
  • 18 October 2026, 08:15
Blackboard
Visual Aid: The World’s Most and Least Taxed Countries
  • By Darren Atwater
  • 18 October 2026, 08:15
Reading
Sunday Long Reads: Missing Sheep, Perishing Eels, Karl Bushby’s Walk, Failed Romance, Buying a Filipino Bride
  • By Darren Atwater
  • 18 October 2026, 08:14
Top-10
Notes from Underground – Most read articles for the week ending October 17
  • By Darren Atwater
  • 18 October 2026, 08:13

Saturday »

Bobby-Moore
And the champagne from Lucian will go to……
  • By Tom Winnifrith
  • 17 October 2026, 14:51
FVA
An “ahead of expectations” and further growth potential Buy
  • By HotStockRockets
  • 17 October 2026, 12:09
Newsboy
How low can one fall after working at Technology Minerals: a chance to hook up with the Playboy bird via the Aussie sinner?
  • By Tom Winnifrith
  • 17 October 2026, 11:58
MEX
Tortilla Mexican Grill – discounted placing, states including “to accelerate value creation plan” but how much so really?…
  • By Steve Moore
  • 17 October 2026, 08:00

Friday »

PR1
Pri0rity Intelligence – this statement cannot be true, is the FCA talking about you?
  • By Tom Winnifrith
  • 16 October 2026, 15:49
Roulette
Pathos Communications – shares ‘only’ just over 23% down since December 2025 listing… so “Best Newcomer at the AIM Awards” (natch!)…
  • By Steve Moore
  • 16 October 2026, 15:30
Bearcast
Tom Winnifrith Bearcast: Why Amaroq will tell me to Foxtrot Oscar
  • By Tom Winnifrith
  • 16 October 2026, 15:22
Clown_Funeral
The FCA admits that it is utterly useless: Evil Banksta is left almost speechless as am I
  • By Tom Winnifrith
  • 16 October 2026, 13:59
Bear
Video: Fuel Rationing, ‘Hard To Go Wrong’ With Gold Miners & Platinum To Outperform
  • By Tom Winnifrith
  • 16 October 2026, 12:24
BMV
Bluebird Mining: Disgraced CEO Sath’s Skylake vehicle dumping shares what can it mean?
  • By Tom Winnifrith
  • 16 October 2026, 11:46
Confetti
Nuburu finally buys Tekne but reveals more massive dilution of its shareholders ( quelle surprise!)
  • By Tom Winnifrith
  • 16 October 2026, 11:06
AMRQ
Letter to Eldur Olaffson – time to sack Charles Archer and cleanse the Amaroq stable
  • By Tom Winnifrith
  • 16 October 2026, 10:54
THX
Thor Explorations – “Q3 2026 Operating Update”, a further cashed-up Buy
  • By HotStockRockets
  • 16 October 2026, 09:02
Collapsing-Reactor
The Morning after the AIM awards dinner – more bad data from the Casino emerges
  • By Tom Winnifrith
  • 16 October 2026, 08:58