Share Prophets

Tuesday 23 October 2018 | ShareProphets: The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares



Results

Search articles by EPIC code

Stockmarket crash performance update: start of 2018 shorted AIM shares

2018-10-16 13:26:49

Early this year we showed Shorted AIM shares at the start of 2018. After the recent market slide and compared to late August, how's the latest performance?...

Tom Winnifrith discusses Patisserie Holdings fraud with Kelvin McKenzie on LoveSport Radio

2018-10-15 13:27:14

Kelvin McKenzie is a major hero of mine. His Sun front page Gotcha! with a picture of the Belgrano sinking was his finest moment on Fleet Street so it was a pleasure to be a guest on his radio show today. My section is about 20 minutes in

What I learnt from the Patisserie Holdings shocker

2018-10-14 14:57:57

A few days ago I mused upon occurrences at Patisserie Holdings (CAKE)  which I did not own shares in but intrinsically I liked...especially as a customer.  It seems to me that my gut feel back then that the combination of a skilful fraudster, poor internal controls and a professional lack of duty from the auditor all contributed.  As Luke Johnson - Chairman and biggest shareholder - noted in an article in lieu of his Sunday Times column this week: 

Patisserie Holdings still has a chance to recover

2018-10-13 07:41:46

With any company where there has been fraudulent activity you have to consider whether there are more skeletons in the cupboard which could cause a further freefall in the share price when they emerge.

Patisserie Holdings - let them suspend CAKE

2018-10-10 08:05:03

Just when you think you have seen almost everything the market could throw at you...news today that Patisserie Holdings (CAKE) shares are suspended after 'the board of directors of the Company...has been notified of significant, and potentially fraudulent, accounting irregularities and therefore a potential material mis-statement of the Company's accounts'. Well we know what majority shareholder and Chair of the company Luke Johnson will be coordinating for the next few days, if not weeks and months…

Patisserie Holdings: let them eat cake!

2018-08-12 10:49:14

It has been a busy last few weeks grappling with the global results season, so i had a couple of quieter days on Friday and Saturday and, at one point, found myself at a newish shopping centre half-an-hour or so from where I live.  I do not find the idea of retail therapy particularly exciting or refreshing but as I am in a minority of one on this...unto the breach and all that.  It was not long before i cheered up pointing out my perceptions on which retail outlet was doing well or badly based on footflow, the look of the store etc, etc.  I am not sure if my daughters were particularly interested in all this...




About ShareProphets

Contact Us

Advertise With Us

Send Us A Tip

Donate


Terms of Service

Privacy Policy

Cookie Policy


Forgot My Password

Forgot My Username

Resend Account Validation Token

Site by Everywhen