UK 21:41 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.
Back in 2001 my Valentine's day was ruined by the first of a series of profits warnings from a company called InterX which eventually went bust. Its chairman Phil Crawford had told me so many great things when we met up with his PR bird. She swallowed anything Phil wanted. But the trouble was everything he said about InterX was just fantasy.Wind forward 14 years and Phil staged a coup to take the helm at dull but profitable Lombard Risk Management (LRM). It has not taken him long to weave his "magic" - today's (lack of) profits warning is dire.
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