In the demise of Thomas Cook (TCG) there was a degree of focus in the Press on the use on Non-GAAP metrics (“GAAP” being generally accepted accounting policies) and Ernst & Young’s role as auditor in auditing those measures.  However, the Deadwood Press as usual missed the wider story.

Saddo ninth rate hack Mark Shapland of a local paper in England, the Evening Standard, has just retweeted the tweet below claiming he has an "exclusive". Does this fucktard know what an exclusive is? It is not a story that appeared elsewhere the day before.

My cats are on a roll, It is horrfic. I mention this at the start just to annoy NoGold. Them ouzo for Nigel as Woodford Patient Capital Trust (WPCT) fesses up on a fake RNS. But it is still stuffed. I look at Bahamas Petroleum (BPC) as it dissembles, Brady (BRY) whose shares should be suspended, Clear Leisure (CLP) and a joke deal and Ted Baker (TED) which seems fecked.

Early August interims from Zotefoams (ZTF) included “we expect Zotefoams to deliver further growth in 2019 and meet market expectations”. Now a “Trading Update” – and the shares currently at around 350p, circa 35% lower on the day!...

Back in June, I concluded on the troubled clothing retailer Ted Baker (TED) that the dumping 'share price move has been all about going from being a growth company to one with less immediately glossy potential'. Even back then the shares had more than halved from the start of year 17 quid level to around 800p. Well today's news has taken them under 700p as I write…

In scoop after scoop this week starting HERE and ending HERE I detailed how Bahamas Petroleum (BPC) was trying to raise $25 million, first at 1.4p, then at 1.2p and finally at 1p. Those who signed up at 1p were told it would be announced Wednesday then today. In fact it has been pulled as the company could not, even at 1p, get close to $25 million. But today Bahamas has quite simply LIED.

Having been worth a total of £3.7 billion when it was gated at the start of June, Neil Woodford’s Equity Income Fund (WEIF) crashed through the £3 billion mark yesterday and as at midday was worth £2.987 billion according to Morningstar. By comparison, the FTSE All-Share – his benchmark – is almost exactly flat over the same period even before considering dividends. The underperformance is stunning.

Early this year we showed the Shorted AIM shares at the start of 2019. How's the performance at the end of September? (those in bold remain from 2018)...

Hello Share Treaters. Ok, the utilities are usually a boring investment. And they face the added disadvantage of government caps, which is a cap on profits. But there is one utility which may succeed more than most. Pennon Group (PNN) operates under the name South West Water. But it also has a big interest in waste management through its company Viridor...

Previously writing on Live Company Group (LVCG) towards the end of August I concluded including so little certainty and all to prove at this stage – and the market is also not convinced; the shares still currently at 41p… I’ll review - latest-permitted scheduled - 30th September half year results but currently still on the bargepole list. Those results have now also been followed with a “BRICKLIVE Shows and BRICKLIVE Tours Update”…

In today's podcast I update on the farce at Bahamas Petroleum (BPC), look at Metro Bank (MTRO), Purplebricks (PURP), Aston Martin Lagonda (AML), Yolo Leisure (YOLO) and congratulate my pal Gabriel Grego on another triumph at Bio-On and I also look at the latest pompous whitterings from the poltroons at ShareSoc about Burford (BUR)

NuOil & Gas (NUOG) has been a cornerstone of my crap quartet for some time and I read todays RNS with some delight. This company has caused me to write to the FCA / aim regulation more than any other company in recent years and the social media insults aimed in my direction from “long and strong” shareholders have been truly disgusting. I am sure the dilution to practical oblivion by James Parsons and Marco Furmagalli of Sound Energy (SOU) infamy is a richly deserved reward for those moron shareholders.

‘UK agency specialising in data science’, Jaywing (JWNG) “is pleased to announce that it has been notified that entities associated with two of its major shareholders have acquired the company's existing secured loan facility of £5.2m owed to Barclays Bank plc… and provide it with additional working capital” – and the shares have soared to a current 6p…

Senior management...love them or hate them, they do matter for even large corporations. I know Buffett talks about 'invest in a company that even an idiot can run...because one day one will' but away from market witticisms, their influence in terms of use of capital, strategic direction and cultural orientation of the companies they run is unsurprisingly huge. You have a nice range of examples today…

55 is too young to die. But sadly it appears that lawyer Gary Withey has passed away suddenly and of natural causes. He was a controversial figure but a friend of mine and a saviour of this website.

On Monday Susan Searle, the Chair of Neil Woodford's Patient Capital Trust (WPCT) announced the appointment of Raymond Abbott to the board. This was part of a strategy of renewal as she tries desperately to restore market confidence in WPCT, whose shares are trading at around a discount of one third to its stated NAV, a NAV which has collapsed this year. I have already pointed to the £30 million accounting error at Foresight 4 VCT under Mr Abbott’s watch at chairman of its audit committee, the shambles at Climate Change Control (which WPCT reported as plc when it was a limited company, and we are still yet to see a correction) and a further accounting error of around £3 million at Foresight 4 after he was promoted for doing such a fine job as chairman of its audit committee to chairman of the board. You could not make it up. But it seems that WPCT has not only listed the wrong name of one if his companies, it has missed another off altogether!

Yesterday Neil Woodford’s benchmark for his Equity Income and Income Focus unit trusts, the FTSE All-Share, dropped 0.57% but his funds posted gains in NAV per unit of 0.47% and 0.53% respectively. After last week’s dismal performance a welcome relief but both are still very heavily down since Equity Income was gated. Well, actually both are very heavily down full stop.

Early this year we showed the top shorted London-listed shares at the start of 2019. How's the performance at the end of September? (those in bold remain from 2018)...

Hello Share Takers. Gosh, it’s a heck of a long time since I sold all my Marks & Spencer (MKS) shares because they were static. I bought them for £3 a throw and what are they now, many, many years on? About 188p, that’s what...

On Monday I revealed HERE that Bahamas Petroleum (BPC) was trying to raise $25 million and had already had to cut the price from 1.4p to 1.2p. Bahamas tried to deny there was a placing afoot via RNS but I published an email in response calling that out as a GREAT BIG FUCKING LIE HERE. Oh dear, it seems that things have gone from bad to worse.