UK 19:05 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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.
In today's podcast I argue that it matters little who runs the London Stock Exchange (LSE) as long as it is not the idiots in charge now. I then move onto unnacceptable faces of capitalism: slob Mike Ashley, greedy pig Phil Green and the Wicked Witch Cherie Blair
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Comments
Daniel Victor
I applaud the bulk of this bearcast.However,it is all very well the Americans calling AIM a casino,but a wealth of Chinese Norfolks have been reversed into US companies on the NASDAQ ! The words pot,kettle and black spring to mind.Still,maybe they’ve learned more than we have.
phil
Cherie Blair sure is stupid, but what about a system that made the silly cow a frigging judge.
I rarely watch television but I did catch IDS on the Marr program via iPlayer. I thought he was good, certainly got Britain’s beleagued disabled off the rack.
What is it about Britain that keeps voting for these ambitious little turds like Miliband and Osbourne, and how on earth did Blair ever get into the top job, without exposing he was a liar, and he didn’t just start lying in politics, that is for sure.
Isn’t it about time we saw the end of partisan politics, some of my past relations walked the Jarrow March, but those days are gone now it worked. Maybe if people voted for competence Britain would end up with a Parliament of competence, instead of incompetence, negligence, lying and ineptitude hidden in a house of ideology.
phil
There is a witch hunt going on with Michael Ashley, his Sports Direct stores are better run than most people think.
He offers stack em high & sell em cheap, and although in the majority of circumstance his products can never be deemed best quality, for the money people get a good deal.
So how come I have SPD on short. because SPD is suffering uber competition form group(Aldi) supermarkets and their products are better quality at approx the same price, and group(Aldi) are taking trade off SPD.
Ashley reminds me of a number of players that have come to my attention over the years, that no one really liked. The most notable was a guy called John Ashcroft, when I first attempted to buy Ashcroft the London broker I used at the time refused to buy them, so I bought them from a broker in Leeds and the London broker lost my business.
Ashcroft started via a shell vehicle called NuSwift, an old fire appliance company. Ashcroft operated out a tax haven in Belize and some of his deals were the most complex you ever came across, but Ashcroft never lied to his shareholders and he returned shareholder value in spades. Nobody ever laid a glove on Ashcroft, and many tried. He beat the shit city at their own game, and the establishment that detests him, he pretty much owns most of it now.
Whatever you say about Ashley, his shareholders have done well by him. I don’t particularly take to Ashley but in my younger and more aggressive days I’m almost certain I would have invested in him. I certainly wouldn’t underestimate him