Tom Winnifrith Bearcast: is my old chum Paul Atherley suffering from Islingtonitis, Guardian reading derangement syndrome?
Superdry – shares up on Q1 “better than our initial expectations”… but what does that mean financially?...
The AA & oh-so-clever hedge fund-style shareholders v. oh-so-clever private equity potential business purchasers...
Writing on Remote Monitored Systems (RMS) on Friday as its Chairman left “effective immediately, to pursue other opportunities”, I suggested forget previous cash raised to support growth of the group's core areas of business, it needed to keep the lights on and more is to be required. With that from a market cap of £1.5 million, natch bargepole / sell. That was with the shares down from a prior closing 0.28p to 0.23p...
Remote Monitored Systems (RMS) has updated including that it has “appointed John Richardson, a Director of GyroMetric Systems Limited, the group's 58% owned subsidiary, as Chief Operating Officer”, though also that “Nigel Burton, Non‐Executive Chairman of the company, has retired from the board, effective immediately, to pursue other opportunities”...
I have today written to the Oxymorons at AIM Regulation with regard to Remote Monitoring Systems (RMS) and its disgraced Nomad SP Angel of Mysquar (MYSQ) infamy, asking if monthly management accounts can be produced to justify statements made just three weeks before the last bailout placing on October 18. If they cannot be produced the regulator needs to take severe action against the company and its Nomad. I write
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