Keyword results: FT

PREMIUM CONTENT

Sensyne – Timber! 175p to 0.8p and booted off AIM in 44 months

Sleazy Labour peer, Lord Drayson, pocketed an £850,000 bonus for floating Sensyne (SENS) at 175p, despite promising the Nomad he would not be so greedy. Now, three and a half years later, it has all gone horribly Pete Tong. So, will he hand the cash back, as those who backed the IPO prepare to lose, more or less, everything? Today, Drayson has got the order of the boot, and, to survive, shareholders face dilution to high heaven, while the shares will be slung off AIM.

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Beggar

Cathie Wood - the new Neil Woodford

Of course certain folks* do not want to learn all the lessons of Woodford so that it never happens again as that might threaten the grievance industry gravy train on which they ride.  One lesson is that the press only start calling out bad actors in financial services when it is too late. Before then, they promote the bad actors for the mainstream media are bad actors themselves.  The next Neil Woodford, as Lucian myself and others have noted for a while, is Cathie Wood of ARK whose funds share a lot of the failings that caused Woodford to blow up and whose arrogance matches that of the disgraced Neil. But for years the deadwood press blew smoke up Cathie’s posterior just as the FT and others blew off Neil.

Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: The TTF disinvites me and spares the FT's blushes on Woodford

I have today been disinvited from the Woodford TTF event, so if you paid £75 to hear me, ask for your money back. I’m sure the FT’s happy, and I discuss what you will NOT now hear. I also discuss today’s April Fool on ShareProphets - which some of you fell for! Finally, I look at 4D Pharma (DDDD); Verditek (VDTK) – is that the Fat Lady I see?; Eden Research (EDEN), and the issue its auditors will have; and musicMagpie (MMAG), with today’s share price lurch in mind.

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Fake_News

Getting a Twitter pile on from the FT and BBC hacks – the Group Think on gender quote sourcing

I am getting a bit of a twitter pile on from hacks at the FT, the BBC, lecturers in media studies  and Gabby “your favourite bisexual PR girl” for challenging their daft Group Think on who you should quote.  It all started with Dave Lee (daveleeFT) of the FT tweeting:

BT
BT
PREMIUM CONTENT

Today obviously is not ‘Cyber Monday’! Still...interesting potential BT news

Consistent with my musings yesterday, life in the markets remains excitable although at least today we are seeing an increase after those big losses on Friday. All good fun which any experienced investor has seen much more than once before. Nevertheless I do find it interesting that Friday was the fourth largest volatility index increase since 1990. No doubt a few of you remember all of the excitements back in February 2007, February 2018 and January last year, even before we mention July 1990 and November 1991. Stuff happens…especially on a day such as ‘Black Friday’. Live with it if you are an investor. So what about ‘Cyber Monday’ then?

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Matthew's Dog's going to love this recording from a day of triumph: ouzos all round

The triumphs for me are Globo (GBOwhere the man who should know recognises my unique work and puts the FT’s snot gobbler in his place as the FCA swoop and SpectrumX and some real Tory sleaze exposed as it goes bust as advisers say its IPO is on track.  Then I look at AO World (AO.) where almost all the writers here are vindicated and deserve an ouzo tonight (sparkling water for puritan Chris), and Harland & Wolff (HARL) – ouzo for Peter Brailey, cabbage water for Andrew Monk. Finally a few words on the lastest spoof from the fraud Supply@ME Capital (SYME).

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GBO
GBO

FCA launches lawsuits against Globo bosses Costis Papadimitrakopoulos and Dimitris Gryparis – all hail the FT not! Gabriel Grego cites the main journalist hero

After a six year investigation the FCA has finally launched lawsuits against the CEO and CFO of the £300 million Greek fraud Globo, once a poster boy of the AIM sewer. The company raised more than £100 million in debt and equity but was a complete fraud, going tits up in 2015. You may remember …

PHE
PHE
PREMIUM CONTENT

Powerhouse Energy – It just gets worse

Its been an interesting day so far, but far more interesting I rather think for Sleazy Tim “Porkies” Yeo. Having exposed him for lying to the High Court, he has delivered his AGM statement in advance of today’s meeting. Looks like shareholders have more to worry about than just Sleazy Porky Tim, with project timetables slipping and no CEO recruited.

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HUR
HUR
PREMIUM CONTENT

What soup will the Titanic serve tonight? Hurricane Energy publishes mammoth ESG Report

The question for the Titanic chefs is asked well after the iceberg has been hit. For Hurricane Energy (HUR) is also a busted flush, a sinking ship. Its assets are so poor that it will probably go bust at some stage whether or not it completes a debt for equity swap which will see shareholders lose 95% of the company. This company is, like the Titanic 109 years ago, holed beneath the waterline.  Against this backdrop it has today published a glossy 71 page Environmental Social and Governance report.

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Father Christmas
PREMIUM CONTENT

The opportunity for value investors provided by ESG loons such as the Financial Times

It has always amazed me how the paper that purports to be the voice of business has, on so many issues taken a profoundly anti-business line.  The FT told us to vote for Blair, to join the EMU and the Euro and to oppose Brexit. Natch it is all in favour of a radical green agenda even if it cripples business in the West. And it cannot get enough of the sort of ESG porn that the FCA also jerks off on every day. Today it bigs up a story about the FTSE Russell Index threatening 208 companies with expulsion. According to the FT:

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PREMIUM CONTENT

Rutherford Health – the cash-guzzler needs money again: Woodford folly will be exposed once more

You member Rutherford (RUTH), the company listed on NEX, now Aquis, on a bonkers valuation with Neil Woodford opting to put cash in at a far higher price than was needed so his funds could cut their unquoted holdings and book gains on earlier investments so earning more management fees for the disgraced multi-millionaire fund manager?  Yes, that one. It is still going but it seems to have burned its way through all of Woodford’s investors’ cash and some…

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Eric Platt a snotgobbler in short trousers from the FT vs Warren Buffett

I start with a few words on the hard working, courageous and heroic teachers. Then it is Barry the Tit from Turner Pope who cannot read and insults the professionalism of Gary Newman but raises a wider point about how AIM and brokerages operate. Barry is a tit but I regard his employer as Best of Breed although if I had my way the breed would not exist if the Casino was run according to new rules I suggest. Finally a look at the idea from Eric "snotgobbler" Platt of the Financial Times that the greatest living investor, Mr Warren Buffett, might be past his sell by date.  Hat tip on the last point to Jim Mellon.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: 2 big events on Friday for Roger Lawson and Sharesoc to ponder & perhaps reconsider their position

Firstly, thanks to all who have donated to Woodlarks in its hour of need. we are now at 12% of the amount needed to ensure its survival until next year, that is to say £48,000. As I prepare for a 33 mile solo walk on June 13 as this year's only rogue blogger, please donate HERE. Then it is onto events at Bidstack (BIDS), Burford (BUR) and BT (BT.A) and a cast of characters including  my pal Carson Block, the snotgobblers at the FT, investment legend Roger Lawson and the suits at ShareSoc.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Neil Woodford, the book by myself, Cynical Bear and Nigel Somerville

The FT says today that no-one emerges from the Neil Woodford scandal with any credit. I beg to disagree with the PR cocksuckers at the deadwood press yet again. Meanwhile three folks who do emerge with real credit are now negotiating a book deal. I also look at Brady (BRY) and its crazy share price and in detail at uber dog Plutus Powergen (PPG)

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Newsboy

The Financial Times tells its readers to go fuck themselves as it really loses the plot

Once known as the journal of record, the Financial Times has seen its readership tumble for many years following a litany of editorial misjudgments. Today it plunges to a new low of crass stupidity.

PREMIUM CONTENT

Woodford Patient Capital Trust – the most pathetic of statements, shares slide again

I see that the spin doctors for Woodford Patient Capital Trust (WPCT) told their poodles in the deadwood press (the FT) to run a fake news article suggesting that vultures were circling looking to bid for the company and its assets. No-one, not even the PR cocksuckers at the Financial Times, believes that for a minute and the shares have slumped again today to 59p, despite, or perhaps in part because of, the weediest of statements from WPCT.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast; That knob Bryce Elder at the FT plus the Hargreaves Neil Woodford scandal is about to explode

I start with Bryce Elder at the FT. What a knob. Then it is onto new explosive revelations about Hargreaves Lansdown (HL.) was  selling Woodford funds for months while urging its retail clients to buy.

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Atomic

What now as Woodford Equity Income Fund suspends trading? Shimples: carnage - China Syndrome time

Well shock, horror, probe! As predicted on ShareProphets for months, Neil Woodford’s Equity Income Fund has had to suspend dealing in its units with immediate effect, until further notice, to allow time to reposition the element of the fund’s portfolio invested in unquoted and less liquid stocks, in to more liquid investments. You can’t say you were not warned here on ShareProphets – and whilst it may be Ouzo time here for Tom Winnifrith and me, spare a thought for Cynical Bear who unpicked so much (and now has to get his dancing shoes out!) So what now?

Neil Woodford – Bank Holiday reading in the press this weekend

As investors settle down for the Good Friday and Easter bank holiday weekend, Neil Woodford has had a fair degree of coverage to assimilate. Articles in The Times and the FT point to Woodford’s sale of £42 million worth of NewRiver REIT (NRR) to his former junior at Invesco – something which ShareProphets readers have been aware of ten days now (it is good to see the dead wood press keeping up!) Meanwhile Citywire reports that the suspensions of Woodford’s stocks in Guernsey may be resolved this coming week although we are not told which way. And Hargreaves Lansdown appears to be standing by its man, still, as it covers the recent results from WPCTsomething covered here some two weeks ago.

Bear

Why bans on short selling are misguided & counterproductive - the academic case ref Wirecard

Wirecard is a German company which looks like a Norfolk and walks like one and where the FT - to its credit - has done sterling work making that clear. The German regulator has responded by banning shorting of this stock. A letter from Safkhet capital to the foolish Krauts explains why this is folly. This is a very clear explanation of why it NEVER makes sense to ban shorting.

PREMIUM CONTENT

Has Neil Woodford finally lost the plot completely? Blow up FT Interview suggests he has

I see that Neil Woodford has had an interview published in the FT in which he lambasts critics determined to destroy his reputation, misinformation, lazy commentary, fake news, fake analysis which “pisses me off” and vents his frustration at the poor investment decisions of investors selling up.

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IRV
IRV
PREMIUM CONTENT

Interserve – slips again on FT comment and still a slam-dunk sell, now a very plausible zero

Shares in my Christmas (sell) tip, fully-listed Interserve (IRV), slipped again yesterday after an article in the FT (see HERE) pointed to the stand-off between the company and its largest shareholder, which wants to derail the debt-for-equity swap proposed by the company’s management. The problem is that the company owes £66 million of overdue payments to the banks, which could force the company into liquidation.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast - is Neil Woodford too big to fail? No! Watch this space

In light of Cynical's piece earlier this week I discuss what happens next to Neil Woodford and his funds and it is not good. Of course some of us - not the useless FT - predicted it all a long while back as you can see in this excellent video from UK Investor show 2018 here

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PREMIUM CONTENT

Woodford Patient Capital Trust: The Big Short (September update) – The FT finally picks up on the impending Neil Woodford implosion

Slightly belated update on the end-September portfolio listings this month but the ‘good’ news is that I am no longer fighting this battle alone and a small, parochial rag called The Financial Times has started to pick up on the issues, although they don’t get all the story, natch!

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: back from my hot Indian dentist babe but I can't speak properly

I cannot really speak properly. Forgive me, there is good reason. However I offer comment, breaking rumour and analysis on Tern (TERN),  Purplebricks (PURP) and the plight of the shorter, Berkeley Energia (BKY) and planned yellow journalism by the tossers at the FT and Audioboom (BOOM) and management spoofery.

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Acropolis

Folli Follie – ouzo time mega fraud confirmed in detail

It was not that long ago that burly security guards from Follie Follie were trying to grab my camera and chasing me as I door-stepped the company at its HQ 20 miles North of Athens. I guess they are unemployed now as forensic accountants Alvarez & Marsal have now published a report showing the massive fraud we and, more particularly, Gabriel Grego alleged was indeed true,.

GBO
GBO

Elon Musk's biggest fan in Greece updates his facebook page - crime does pay for Costis the Globo fraudster

Elon Musk might be forgiven for thinking that few in the business community still love him. But he does have fans. Step forward Costis Papadimitrakopoulos the founder and CEO of Globo (GBO) which raised tens of millions of dollars in debt and via issuing shares on AIM and claimed to have net cash but er... did not. It was a fraud and Costis took stacks of that cash and also sold all his shares before the balloon went up after being tipped off by snot gobbler Dan McCrum of the FT. Anyhow Costis has been busy on facebook updating his profile last month as you can see below.

GBO
GBO

Globo – Grant Thornton is not off the hook despite the FRC dropping investigation

Globo (GBO) was a fraud which claimed to have cash but did not and is now bust.  Its downfall was precipitated by ShareProphets publishing a Gabriel Grego dossier after the FT and snot-gobbler Dan McCrum merely tipped off the CEO allowing him to dump all his shares and failed to publish. Now the Financial Reporting Council says that it is letting auditor Grant Thornton off the hook and dropping its enquiry.

TCM
TCM
PREMIUM CONTENT

Telit & that disposal - still a sell

After nearly a year of trying, Telit Communications (LTCM) has finally announced the sale of its Automotive business. This is to Hong Kong-listed TUS International for $105 million (£80 million), a long way shy of the £100-150 million being bandied around by the FT back in October.

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QPP
QPP
PREMIUM CONTENT

Quindell – KPMG and senior partner William Smith fined by FRC for failings – but not enough, lessons not learned

For its 2013 financial year, the fraud Quindell (QPP) switched its auditors from RSM Tenon – already fined by the Financial Reporting Council as a direct result of my work – to KPMG. But unusually for a firm claiming to be so large it chose the small Southampton office headed up by Senior partner William Smith to check its books.

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Acropolis

Folli Follie - Greek Press reports criminal charges on the way, Gabriel Grego comments

The suspension of shares in Folli Follie on Friday because, after three weeks, it was unable to verify its claimed cash balances is surely the beginning of the end. The Greek Press is today reporting that criminal charges for the bubbles in charge are on the way - see HERE. I like to think I played a small part in its downfall and really enjoyed my doorstepping last week. But the architect of this exposure is my pal Gabriel Grego of QCM although it is only a matter of time before Dan "snot gobbler" McCrum at the FT takes full credit. Gabriel has now commented on the latest news. It is a considered piece. He writes:

Newsboy

Notes from Underground - Do you prefer your news now or 48 hours ago?

I have the same conversations with people all of the time: why should I read ShareProphets, a muckraking, little-known website, when I already subscribe to the FT?

Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: It is not just Stormy Daniels that Donald Trump has screwed - step forward ex Tory MP Tony Baldry and Westminster Group

I start with the latest developments on Julie Meyer and hint at what is coming next from myself and also from John Galt. Julie you ain't seen nothing yet. Praise be the Lord.  Then it is onto Westminster Group (WSG) and someone almost as loathsome as Meyer, that is to say ex Tory MP fat Tony Baldry. Then I look at Eden Reseearch (EDEN) which fat Tone knows well, Pantheon Resources (PANR), Advanced Oncotherapy (AVO), the tossers at the FT, Jubilee Metals (JLP) and other Beuafort Securities victims and Interserve (IRV) and the tools at the FCA.

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TCM
TCM

Telit - the fraudsters favourite "journalist" has "news"

Ben Harrington is the go to journalist if you are a fraudster who wants to leak news and get a positive spin on it, just ask Rob Terry or the apologists for genocide and securities fraudsters at MySquar. So natch Telit (TCM) has asked him to leak news of the possible sale of its crown jewels , itts aiuto division. Hmmmm.

QPP
QPP

RSM Tenon (now ArrandCo) & audit Partner Jeremy Filley fined big time by FRC over Quindell thanks to Tom Winnifrith

The Financial Reporting Council has today fined audit firm ArrandCo, formerly known as RSM Tenon, £1 million ( reduced by 30% for co-operating) and audit partner Jeremy Filley £80,000 ( reduced to £56,000) for allowing the fraud Quindell (QPP) to publish fraudulent 2011 accounts. No doubt Snot Gobbler Dan McCrum at the FT is again about to produce a timeline taking credit for this but the FRC has stated explicitly that it widened its enquiries to include the 2011 accounts only because of specific allegation raised by me as you can see HERE.  These fines are down to my work, not that the deadwood press will ever acknowledge that. So how did Rob Terry and his associated in the Quenron gang, cook the books with the help of Filley and RSM Tenon.

GBO
GBO

From Globo to Bitcoin natch - the Greek fraudster of the year is back

You can't keep a good man down, or indeed a bad man. I refer to Greece's perennial entrant in the European fraudster of the year contest, Mr Konstantinos "Costis" Papadimitrakopoulos. You will remember him as the creator and CEO of the fraud Globo (GBO) and a man who was able to sell all his shares before we exposed him HERE and the stock was suspended, after Dan "snot gobbler" McCrum of the FT alerted him that the game was almost up. As you can from LinkedIn see Costis has a new venture and also sees Bitcoin as an area to get into. And who said that the crypto currency was mainly a place to launder ill gotten gains?

TCM
TCM

Telit - now it's a bottom line profits warning and an admission that there will be worse in 2018

Telit Communications (TCM), the AIM dog founded by Boston fraudster Uzi Katz and now run by insider dealer Yosi Fait has now clarified its most recent profits warning of 23 November. There is good news, bad news and very bad news indeed. And there is a lack of news on one front which is also bad news. In short this stinks.

Bearcast

Tom Winnifrith Bearcast: The FT takes dictation from PR man for Telit again and spouts hogwash ... and other morons

Remember when the FT said Inmarsat (ISAT) was going to bid 140p a share for Avanti Coms (AVN) then at 30p now at 7.26p offer? Today it had a scoop on Telit (TCM) which the company has commented on. There is a grain of truth in the FT scoop but so much of what it writes is just PR spin as I demonstrate in this podcast. I hope the journalists responsible feel soiled and dirty. As for Telit I explain the various scenarios and why the downside is huge whatever happens. I cover UK Oil & Gas. A moron reckons he is going to make money by not paying to read ShareProphets and buying more UK Oil & Gas shares instead. Since his silly email the shares have lost another 14% and are now 4p bid. Next stop 3p then 2p then whatever. Truly the moron will be rich. Not. Then I rant about how troubled Interserv (IRV) lied to investors regarding the reason why its FD left and why that matters. 

Listen to the Bearcast:
Newsboy

Notes from Underground: Telit to the hand

I had an oniine conversation with an FT reporter about the Telit affair over how the FT would rather credit some Italian newspaper than your obd't one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares. They had to credit somebody given that the FT did not break the story themselves. How convenient for them. CityAM and other publications went with credititing nobody at all. The story broke itself!

TCM
TCM

Telit - Oozi "resigned" the board the Boston fraudster appointed says no PLC fraud but FinnCap declines to agree

Telit Communications (TCM) is spinning hard to suggest that all is well despite its founder, CEO and largest shareholder Oozi Cats being"resigned" today. It started by planting today's RNS in the ever pliant FT yesterday afternoon - the paper of record is now the mouthpiece for fraudsters wanting to spin a line. The timing of that FT plant now exposes the lies of today.  Now comes the formal statement and it does not wash at all and begs massive questions which are just not answered.

TCM
TCM

FT Reports that Telit "parts company" with Oozi Cats - that's spin from the PR & no longer the issue

The Financial Times, always happy to help a company in trouble try to polish a turd with some PR spinning, is reporting that Telit Communications (TCM) is to part company with its founder, 12% shareholder and CEO Oozi Cats on a permanent basis. After our Boston fraudster revelations of last week Oozi had already stepped down pending an investigation by a law firm Cameron McKenna. After our revelations he was toast. But sacking Oozi is not enough after today's bombshells on this website - this is PR spinning and does not address the issue of wholesale fraud at Telit.

Pig

Is the City of London Corporation bent and why won't the press investigate?

The City of London Corporation is unlike any other local authority. It is democratic in the loosest sense of the word. It is hugely rich and very powerful and, as such,  it is rare that anyone in the Square Mile is stupid enough to stick his or her head above the parapet and ask what is going on. But today Andrew Monk of VSA Resources aks for trouble and writes...

Election_2017

Why I am voting Liberal Democrat on June 8

As ever at Election time we ask our writers to explian how you should vote on June 8th. No writer has stepped forward to support Tim Farron's party so reader Jonathan Price again steps up to the plate for which we thank him. So we begin this series with Jonathan's view on why you should vote Lib Dem.

New Bulletin Board Moron of the Week contest - sponsored by the AIM listed slam dunk proved FRAUD Eden

This week's sponsor, Eden Research (EDEN), has much to offer the thinking investor. Well that is if you like investing in proven frauds that wil never generate a cent of free cashflow without resorting to the panama pump.

Evening Standard: Lifting ShareProphets stories without attribution - dick sucking

Lazy journalists on a local paper that thinks it is a national clearly read this website and are happy to lift our stories without attribution. Hence on 23rd October, Cynical Bear ran the "Challenger Suck Dick" scoop HERE. Four days later this is presented as news in the woeful City gossip column of the piss poor Evening Standard. Natch there is no attribution... the Standard would not want its readers to know where it gets its old news dressed up as news from would it?

Bearcast

Tom Winnifrith Bearcast: Avanti inches to zero and Arian - once a dog always a dog - it needs shooting!

I start this podcast with a look at Avanti Communications (AVN) where I hope you ignored the ramblings of snot gobbler's colleagues at the FT and stayed short. 0p is still looking likely and I discuss the problems IIs face today. I look at Arian Silver (AGQ), a dog with fleas which has served the fat useless bastards on the board and its crony capitalist advisers well as punters have been shafted year after year. I look at Northern Petroleum (NOP) where today's dismal results tell you that it is placing ahoy AGAIN, at Petropavlovsk (POG), Galantas (GAL), Boxhill (BOX) and at Capita (CPI),  

AVN
AVN

Avanti kicks off the silly Season - still a sell

They don’t call this the silly season for nothing. Shortly after Inmarsat (ISAT)  announced on August 1st that it was not interested in Avanti (AVN), a story appeared in the FT saying that it had in fact been willing to pay “at least” 140p per share (subject to due diligence) right up until the end of July, around five times the price at the time.

AVN
AVN

Avanti Communications - the bonds still yield 18%: tells you FT wrong, shares are toast

Shares in Avanti (AVN) peaked at c50p following the reports in the FT that Inmarsat (ISAT) might have considered a 140p bid, a claim that seems ludicrous given the fact that Avanti is drowning in debt and needs a refinancing within weeks or it is tits up time. The shares have now drifted back to 37.375p today. Folks are starting to panic...perhaps they have looked at the bonds.

AVN
AVN

Avanti share price spike: the company speaks and says nothing at all

I have commented on Avanti Communications (AVN) twice in two days on the bearcasts HERE and HERE. Today with the shares zooming ahead to a peak of 50p (they are now 44p) the company commented but said nothing at all. Ronan Keating would be proud.

Uber Bombast David Williams stated:

QPP
QPP

Vindication for Tom Winnifrith: Cenkos to be fined up to £700,000 over Quindell fraud - not enough

Sky News claims to have a source who says that Nomad and broker Cenkos (CNKS) is to be fined £700,000 by the FCA for its lamentable failings in the Quindell (QPP) fraud - Cenkos has now admiited that a probe is underway. Whilst I see this as another moment of vindication for my work in exposing that fraud it is simply not enough. The FCA is telling the City's banksters that turning a blind eye to white collar crime does pay. Its coke and hookers all round if this is the best that the FCA can do.

QPP
QPP

A regulatory rant - the FCA is not fit for purpose

When Gotham City published its now infamous report on Quindell, a copy of which was sent to the FCA and the Serious Fraud Office, it was OVER a year later that any action was taken and this despite a high profile campaign against it by Tom Winnifrith Shareprophets and, to a far lesser extent, Dan McCrum at the FT which, in the case of Shareprophets, included many specific allegations of fraud and open exhortations to the FCA to do something about it.

Newsboy

Notes from Underground - That's a wrap, 2015

In the past seven days, 42,201 unique readers read 76,973 pages on ShareProphets. The circulation of the Investors Chronicle is c30,000. Shares is less than half of that. To our critics who think we do not count, we say think again.

GBO
GBO

Photo and Video Special from the HQ of the late lamented Globo

In April 2014 I visited the Athens headquarters of Globo (GBO) to shoot some photos and record a uber-sceptical video as you can see HERE. At the time most Bulletin Board Morons were big Globo fans and I was derided as a mad stalker. Then a few weeks ago we exposed Globo as a fraud HERE whiler the rest of the gutless British press - notably snot-gobbler Dan McCrum at the FT -  sat silent until the shares were suspended. Today I thought I'd pop along to see what was left. The answer, as you can see from the photos below, is nothing. Compare these photos with my last lot HERE. Globo's headquarters are walking distance from those of InternetQ (INTQ) and so I recorded a Globo special video which is is also below. 

GBO
GBO

Globo – Administrators called in it is a wipe-out

Roger Lawson suggested, on the ShareSoc website , that he and other shareholders in Globo (GBO) might go in and assist the board. I guess his services won’t be needed now because it is all over. A bad call by Lawson and another win for the bears.

GBO
GBO

Dan “microscopic cojones” McCrum of the FT – That Globo fraud timeline in full…NOT

Dan McCrum is a journalist on a very important paper, the FT. And so naturally he of the microscopic cojones is the heroic scribe who brought down the fraud Globo (GBO) all by himself. In between picking his nose and slapping himself on the pack micro cojones yesterday explained how the downfall was 100% down to him.  Welcome to the Dan McCrum Globo timeline. His comments are in ordinary font, my own are in bold.

Bearcast

Tom Winnifrith BearCast - 29th June

Oh happy days, oh happy days. Firstly my daughter turns 14 today. Born at just 1lb 4 oz she was a miracle baby and has turnd into a cracking young lady. Secondly the Slater & Gordon/Quindell mess gets messier by the day. Lube up Rob Terry, B Wing awaits. And then I move onto Greece and China to equity market valuations and then on to Progility, HSS Hire and Lamprell.

Listen to the Bearcast:
AFR
AFR

Afren & Gulf Keystone remain slam dunk shorts

I don't know what it is about oil that seems to bring out the worst in people but it is certainly the case that this sector is home to the most abusive and vituperative comments on the various financial bulletin boards.

Bearcast

Tom Winnifrith Bearcast 13 February - Mark Slater & other matters

Sorry for the delay. Note to scumbag FT writers - if you wish to lift anything in this Bearcast please give an attribution rather than claim it as your own scoop. Dan McCrum you know what I am talking about. I know you work for the FT but that does not mean you HAVE to act like a total wanker. In today's podcast I discuss a chat with Mark Slater on China and various other matters, commodity prices, frauds, Mosman Oil & Gas, Verdes, Northern Petroleum, Aoerama Communications, Gowin New, JQW, Shaft Sinkers and Mariana (a scoop there if you want to steal it as well McCrum you wanker)

Listen to the Bearcast:
RKH
RKH

Rockhopper – FT gets it wrong

An article on Rockhopper (RKH) implying delays in drilling in the Falklands came out in the Financial Times last week. It is wrong. I am sure that CEO Tony Durrant never thought his thoughts would be garbled by journalists in this way. 

QPP
QPP

The Russians are entering Berlin...Quindell, the downfall Part 2

In response to a number of requests I have created another Quindell  (QPP) downfall video featuring all your favourite characters in this gripping tale: Rob Terry, Laurence Moorse, Cenkos, Equity First Holdings LLC, Steamy, bullyboy lawyers Schillings, Canaccord, Daniel Stewart, foxy Bex at Redleaf PR, Paul Murphy and Dan McCrum from the FT, the FCA and of course the press chearleaders for the bulls, Shares Magazine and Zak Mir.

Bear

FTSE 100 at 14 year high but back in the real world

This week's Financial Orbit starts with the FT celebrating the FTSE 100 hitting a 14 year high despite the Ukraine, ISIS, etc, etc. However back in the real world...

QPP
QPP

The Times, Quindell and me – a smear campaign by PR firm Redleaf Polhill accelerating?

The Times Newspaper yesterday published an article on Quindell (QPP) and myself which is so palpably inaccurate but also sufficiently sinister that I reproduce it in full. If the Times pulls its lies in full and publishes a full retraction, clarification and apology I will withdraw the copyright breach. I sense that Quindell’s PR flunkies at Redleaf Polhill may be behind this article as part of their job of smearing me. 

QPP
QPP

Financial Journalism should be accurate not balanced – yes this is ref Quindell (and blinkx, etc.)

I note that the FT is now getting it in the neck from Bulletin Board Morons for running articles on Quindell (QPP) and other POS Aim stocks which are deemed not to be “balanced.” Welcome to the club ladies and gentlemen.

That Ben Edelman Video from April Again – why no sane person would have held blinkx

We faced down the bully boy lawyers from blinkx (BLNX) & threats from Bulletin Board Morons to bring you Ben Edelman at UK Investor 2014. At the time the blinkx fan club (step forward Citi– Buy target price 175p, have you guys adjusted that yet?) Bryce Eldercock at the FT, dimwit Harriet Denys at The Telegraph and Roger Lawson of ShareSoc dismissed Ben as saying nothing. You guys all so sure now? 

QPP
QPP

Quindell – what did anyone actually learn at the AGM?

Thanks to Quindell (QPP) excluding me and also the Fleet Street guys there were very few questions at the AGM which would have troubled Rob Terry greatly. What did we actually learn from what went on there and from the accompanying trading statement?

QPP
QPP

Quindell AGM Video 4 - Final Thoughts from the Street

And then myself and the chaps from the FT and the Sunday Times were also booted out of the building. Not even allowed to wait to interview folks coming out of the AGM or management as they left. Why is Quindell (QPP) running so scared?

QPP
QPP

Quindell AGM: The FT and the Sunday Times also excluded

My new best pals are Henry from the FT and investigative business reporter John from the Sunday Times. They too were both excluded from the Quindell (QPP) AGM.

HSBC: more skeletons drop out of cupboards, but at 618p are they in the price?

Banks are subject to an imperishable law of banking existence. That is to say, that just when you think you have seen the last of the bitter fruit of their earlier misdeeds another lot come along. Was it Bertrand Russell who observed that when you are waiting for a number 11 bus for a rather long time, three turn up at once? Or was it a bus inspector? It was certainly William Shakespeare who said that ‘troubles when they come, come not as single spies but in battalions.’ Except, in the case of bank troubles, the battalions keep on coming. Just you think you have seen the last march by, another one appears over the horizon.

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