Keyword results: GBO

Clown
PREMIUM CONTENT

How would Ed Croft and Stockopedia rate Company X as it files its accounts?

Ed Croft’s Stockopedia is the stock picking system that ranged the Quindell (QPP) fraud as one of the cheapest companies on AIM and said that Globo (GBO) scored 92/100 as a buy. It was a fraud too and went bust. Then there was Wirecard which Stocko pushed aggressively just 3 days before the balloon went up! Two years after the Woodford blow up, Ed is now and expert saying his system could have predicted it.  Whatever. So how would Ed’s system assess company X which has just filed 2021 accounts

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PREMIUM CONTENT

SHOCKING EXPOSE: What on earth were the FCA, Matt Lofgran and Disgraced Gavin Burnell thinking of dealing with Ron Bauer?

I suppose the criminal pump and dumper Ron Bauer might argue that it is he who has suffered reputational damage from dealing with Gavin Burnell of Globo (GBO) fraud infamy but a shocking new document has now come to light which begs massive questions for Burnell, Matt Lofgran of Nostra Terra (NTOG) and indeed of the FCA.

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Boom
PREMIUM CONTENT

BREAKING - MAJOR CITY EXPOSE: Nostra’s Lofgran & disgraced Gavin Burnell in bed with penny share pump & dumper facing 85 years US jail – real problems for Red Rock Resources, Genflow, Zak Mir and more

This is a major scandal - one that will create massive embarrassment for those operating in the depths of the AIM, Aquis and Standard List sewers. And for Matt Lofgran of Nostra Terra (NTOG), his buddy, Gavin Burnell of the Globo (GBO) fraud, and Novum infamy, it poses a major question of what they knew and when.

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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 …

Clown
PREMIUM CONTENT

Has Ed Croft's Stockopedia just served up the very worst BUY call in stockmarket history? Timing is everything

No I am not referring to Ed's stock picking system concluding that the Quindell (QPP) fraud was one of the 10 cheapest shares on AIM. Nor am I referring to it rating the fraud Globo (GBO) as a 92/100 BUY.  Or to thirsty Paul Scott using the Stockopedia system to serve up classic buys like IQE (IQE) and TrakM8 (TRAK)  This gem from the Stockopedia stock picking system is an even worse call and in fact possibly the worst stock call in history.

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Clown_Funeral
PREMIUM CONTENT

Reader post of the day: the damning High Court judgement on the stupidity of ShareSoc's board

I have been having a fascinating discussion on the comments boards with Pierotlunaire on the subject of the suits at ShareSoc, the body that grandstands to MPs, the FCA and the deadwood press claiming to represent UK private investors. A number of critical matters emerge which blow that claim apart.

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Beggar

Naughty Ed Croft of Stockopedia – whatever happened to GDPR?

Ed Croft of Stockopedia has yet to answer my question on how his system which rated the fraud Quindell (QPP) one of the top 10 stocks on AIM to buy and the Globo (GBO) fraud a 92/100 buy, rates THIS company. Instead I receive a mailing seeming to come from Company REFS which is now owned by my old friend Mark Slater. It gushes underneath a Company REFS logo:

Dead-Donkey

BREAKING EXCLUSIVE: New 1 billion Euro short dossier from Gabriel Grego - Italy AIM listed Bio-On

The man who exposed Globo (GBO) and Folli Follie as outright frauds is back with a devestating new dossier on 1 billion Euro capitalised Bio-On which is listed on Italy's AIM market. This looks like a slam dunk zero to me. The dossier from Gabriel and Quintessential Asset Management is below.. as ever we are first with the news....  

Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast - the critical conflicts of interest that doom AIM to fail

In this bearcast I look at what a dismal failure AIM has become and examine the inherent conflicts of interest which make such failure ( for investors) inevitable. I reference Management Resource Solutions (MRS), Daniel Stewart (DAN), African Potash (AFPO), Arden Partners, Paul Shackleton, Naibu (NBU), Cantor Fitzgerald, Sefton Resources (SER), SP Angel, BlueJay Mining (JAY), Vialogy, Yourgene (YGEN), Quindell (QPP), Globo (GBO) and more. If you enjoyed this how about becoming a hero and donating to rogue bloggers for Woodlarks TODAY HERE

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GBO
GBO

The curse of Beaufort strikes again - Gavin Burnell & Andrew Gutmann have left the Novum Building

I have highlighted before the curious way that Gavin Burnell of Globo (GBO) infamy was working at Novum Securities even though the FCA had not re-authorised him to conduct investment business following the demise of Beaufort Securities. All good things must come to an end.

Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: The return of Wildes, Roger Lawson and Lucky Lord Lucan

I am plagued today by Bulletin Board Morons reporting me to the FCA, by Roger Lawson and some ungracious comments on fraud busting at Globo (GBO), Quindell (QPP) and Patisserie Holdings (CAKE) and by our former in house Bulletin Board Loon who has returned to really rile me with some vile comments on the holocaust which expose him as the Jew hating vermin that he is - HERE. I comment on Angus Energy (ANGS), UK Oil & Gas (UKOG), Domino's Pizza (DOM), Feedback (FDBK), Photonstar Led (PSL), Starcom (STAR) and Cabot Energy (CAB).  Footnote, Roger is now planning to run an amendment flagging up that I did advise folks to sell/short Patisserie warning "something's not right". Roger you are a gent.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast - 6 New Year's Resolutions

Nope Cheryl Cole is not mentioned.  But plenty of other old faves including Quindell (QPP), Globo (GBO), MySquar (MYSQ), Julie "Lingerie on Expenses" Meyer, Big Sofa (BST), Wishbone (WSBN) and Neil Woodford are. There are six resolutions. The first concerns fitness and the walk for Woodlarks where I urge you to donate HERE

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast - the changing meaning of the word "refute" in the English language

In today's podcast I look at Babcock (BAB), which is not a fraud, and the fraud Globo (GBO) and the use of the word "refute". I also cover Johnston Press (JPR), RM2 (RM2) - another Neil Woodford dog - Haydale (HAYD) which looks increasing;y like a zero, Online Blockchain (OBC) and Amur Minerals (AMC)

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FDP
FDP
PREMIUM CONTENT

First Derivatives - are its reported earnings real? After 20 years is KPMG sure?

A few days ago I showed hard evidence that the 2002 IPO of First Derivatives (FDP) was based on false earnings. That was dismissed by supporters as being so long ago that it did not matter. It does! But how about we move to the issue of whether reported earnings in the past three years are "real" or cooked up. I suggest it may well be the latter in which case the stock is going to tank at some stage, soon, when investors realise this. Let me explain...

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FDP
FDP
PREMIUM CONTENT

The fund manager who defended the Globo fraud to the end weighs in to bat for First Derivatives

We pointed out numerous red flags at Globo (GBO) for two years before finally sinking the fraud by publishing Gabriel Grego’s dynamite dossier but some folks knew better. In the fund management community the fraud’s biggest supporter was Harry Nimmo of Standard Life whose fund (other folks cash) were on the register to the bitter end. Harry was a true Globo believer. Now he has weighed into bat for First Derivatives (FDP) which has also, arguably, committed fraud as we revealed HERE.

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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.

Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: the mounting Andalas Badger scandal, a real test case for the AIM Casino

Today I explained HERE the mounting Badger scandal at cash-strapped Andalas (ADL) as it gears up for a bailout placing. In this podcast I explain why all involved should be concerned that they are not party to Securities fraud, notably Nomad Beaumont Cornish and broker Novum Securities - home to scallywag Gavin Burnell of Globo (GBO) infamy. This is a real test case for the integrity of the AIM Casino and I explain why.

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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.

Greek Tear

Folli Follie shares plunge - its denial of Gabriel Grego dossier & threats of legal action does not wash

Shares in Greek uber scam Folli Follie are off by c30% following the publication of Globo (GBO) destroyer Gabriel Grego's damning dossier last night HERE. It has now issued a denial and threatened legal action. I have spoken to Grego.

Greek Tear

EXCLUSIVE: A 1 billion super scam exposed - we publish the dossier & slideshow on Folli Follie

At this very moment the man who exposed Greek based AIM superstar Globo (GBO) as a total fraud, Gabriele Grego, has just concluded a speech in New York. Ed Croft need not worry, for once the mega scam Gabriele has debagged, is not a stock he has tipped, as he did with Globo. We have the full dossier Gabriele has prepared and it is explosive.

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?

Bearcast

Tom Winnifrith Bearcast Special - the culture of corporate lying as I say GOTCHA to Telit

Following today's bombshell there can be no doubt that Telit Communications (TCM) is toast. Companies that lie and deceive so industrially in the way I demonstrated earlier HERE will always end in tears.  In this podcast I look at the culture of corporate lying and wrongdoing and what it means for you as an investor. I look at rent boys at BP then at Quindell (QPP), Globo (GBO) and of course, in the main, at Telit

Listen to the Bearcast:
NCC
NCC

NCC Group – All Credibility Gone? So asks Roger Lawson of ShareSoc

Roger Lawson the chairman of ShareSoc is of course a great expert on tech stocks. That was why he was able to dismiss so easily criticism from myself, Ben Edelman and Paul Scott about blinkx (BLNX) and Globo (GBO), two of his big holdings. Now it seems that another "Lawson winner" emerges - NCC Group (NCC) which had an awful statement yesterday as I explained HERE.

Bearcast

Tom Winnifrith Bearcast: back to Gavin Burnell at Globo & Onzima - not every AIM disaster is fraud - most are not!

So few companies are total frauds. Burnell creation Globo (GBO) was but Onzima (ONZ) is not. So what happens if you lose money on this company or another which goes horribly wrong? 

Bearcast

Tom Winnifrith Bearcast - can Paul Scott end my confusion and will Rob Terry be arrested in 2017?

I am watching high quality TV like Midsomer Murders as the Mrs is away. I am bombarded with adverts for online fashion and holiday booking and am terribly confused - I need health guru Paul Scott to help explain what is going on as something is just not right. Then I look at when the criminal gangs at Quindell (QPP), Globo (GBO) and Worthington (WRN) will face justice. At least one might be in 2017. And I ask why Cloudtag (CTAG) morons want to send cash to a convicted criminal who appears to be living in a £3 million house despite BOTH he and his wife going through bankruptcty. It's all very odd.

Chocolate-Teapot

Why AIM’s woeful regulatory environment makes it a hotbed of FRAUD.

It seems that we at ShareProphets are not the only people concerned about the amount of fraud we see on the London markets – and, in particular, on AIM. We have seen the horror of the biggest stockmarket fraud for thirty years (Quindell, QPP – now Watchstone, WTC) unfold before our very eyes and yet as Tom Winnifrith doggedly banged on the doors of AIM Regulation and the FCA they did nothing and the frauds continued unchecked for far longer than they otherwise would.

Roulette

AIM: the Data that shows its a disaster

AIM is now 21 and new, hard, data from Hargreaves Lansdown shows that, whatever the London Stock Exchange says, it has been a disaster. Over that time the AIM Index has fallen by 30%. By contrast - with dividends included - the FTSE Small Cap Index is up by 220%. Ouch.

Fancy going to a swanky EGM in Athens Greece, roll up roll up

It would have been an added bonus if Goldenport (GPRT)  - heading to zero as Nigel explains here - was to had its headquarters in the same Athens neighbourhood as InternetQ (INTQ) and Globo (GBO) because, as it happens, I am in the mighty Hellenic Republic on the date of its EGM on March 31st. However I have just checked out its HQ on Google maps as you can see below...

Magnolia Petroleum - just how much did Gavin Burnell of Globo infamy make from this POS?

Last week Magnolia Petroleum (MAGP) raised enough cash to keep the lights on for a couple of months. This POS could not generate cash at $100 oil so it is not if but when it goes bust and the odds are that it will be well before June. This POS should never have been listed by the brains behind the listing was Gavin Burnell, the financier who also brought you - and cashed in on big time - the fraud Globo (GBO).

TEP
TEP

Telecom Plus – is this Red Flag anything to worry about?

Shares in fully listed Telecom Plus (TEP) seem to have fallen off a bit a cliff over the last few weeks. I’ve not seen anything terrible in the way of RNSs to explain it and although falls in the wider market would contribute to weakness a 20% drop seems hefty. But I did turn up something at Companies House which I think the company should explain.

Lucian Miers share tips of the year Number 1: Sell InternetQ at 61.25p, target price 0p

In the end it all comes down to cash. Good companies generate it. Bad companies run out and in the end go bust. The shares go to 0p. And that brings me to Greece based InternetQ (INTQ) which - as a sell - is my first share tip of the year.

Photos and video from InternetQ HQ in Athens

On Saturday, in Athens, I took the short walk (no more than 800 yards) from the former HQ of the now defunct fraud Globo (GBO) to the headquarters of AIM listed InternetQ (INTQ). Join the dots...

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. 

Whose AIM Casino Birthday it is today? Yes! I think InternetQ deserves a special present from me

Yes, it is indeed InternetQ (INTQ) which joined the AIM Casino exactly five years ago today claiming to be a "profitable and cash generative company" as it raised £6.8 million at 120p giving it a market capitalisation of £31 million with 25,697,435 shares in issue . Hmmmmmm.

Bearcast

Tom Winnifrith Bearcast 6 December - working the fraud playbook

In today's podcast I refer you to the earlier piece on Defenx (DFX)  - here - and the critical importance of reading original documents. Then it is the fraud playbook - how companies and investors react when they are caught with their trousers down or attacked just for being overvalued. Companies mentioned include Globo (GBO), Quindell (QPP), Rare Earth Minerals (REM) and Internet Q (INTQ)

The Buy case for InternetQ from the folks who told you to buy Globo 4 days before suspension - Canaccord

Up until it quit as joint broker to the Fareham fraud, Canaccord had its tech analysts urging clients to buy shares in the POS Quindell (QPP). Four days before the Globo (GBO) fraud saw its shares suspended the same monkeys published a buy note on that stock. And now for the hat-trick.

Internetq : Another Canaccord Fraud?

Hot on the heels of Globo (GBO), the Internetq (INTQ) saga raises interesting questions about the nature of the due diligence practiced at firms such as Canaccord and RBC the brokers to both of these fraudulent enterprises.

Bearcast

Tom Winnifrith Bearcast 4 December: In Greece I fear only Vrechi

No Albanians, no work on the olive harvest yet. And now Vrechi, that is what I fear. I have yet to discuss my entanglements with Globo (GBO) and InternetQ (INTQ) with my neighbours but I am sure they will understand. I start the podcast on InternetQ and the weedy rally today. Then it is onto LGO Energy (LGO), another David Lenigas triumph. But what does Jabba The Hutt care? He sold his shares. En passant I mention UK Oil & Gas (UKOG), Motive TV (MTV) and Papua Minerals (PML) before taking a detailed look at Escher (ESCH). 

Legal & General Fund Manager and Globo & InternetQ fan Richard Penny - did I really say that?

At the Gold & Bears show some speakers insisted that institutional investors were so much smarter than retail investors. I am not so convinced. Just to show you that some mug punters wear expensive suits, meet Richard Penny, a high flying fund manager at Legal & General. After the Globo (GBO)scandal broke Mr Penny stated that the accusations levelled at the app developer were 'the worst I have seen in 10 years'.

GBO
GBO

A lesson in English for the boards of Globo and InternetQ & their shoddy advisors

How odd that two Greek companies represented by the same Nomad and Broker team of RBC and Canaccord should both make the same howling error in responding to allegations made by my good self and this website.

InternetQ - Pathetic response to ShareProphets - target price cut to half a drachma

Today's From Athens with Love report from ShareProphets sent shares in Greece based AIM listed InternetQ (INTQ) tumbling by more than 50% at one point. Finally we get a weedy but all to predictable response and on the back of it I have cut my target price (for the whole company) from 1 drachma to half a drachma.

PREMIUM CONTENT

From Athens with love: InternetQ - my target price is 1 drachma

The Nomad and broker team that brought us the Globo (GBO) fraud from Greece was RBC Capital Markets and Canaccord. This dynamic duo act for another Greek Company InternetQ (INTQ). And here I am - with a hat tip from a good reader - reporting on the spot in the Hellenic Republic with some very hard questions for InternetQ.  The GlobalShortingConspiracy also has agents on the ground in Moscow and Poland as well as myself in Greece. This is, as they say, developing...

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Bearcast

Tom Winnifrith Bearcast 2 December: In the Garden of Edenville no-one's Able but plenty of snakes

It is short podcast time as I am having issued sending material back to the UK. The Albanians did not turn up today so the olive harvest is delayed by 24 hours. It may be delayed again if I have to head to Athens on Global Shorting Conspiracy business. Things are starting to get interesting as I mention briefly and this is NOT Globo (GBO). Elsewhere I cover Edenville (EDL), Gulf Keystone (GKP), Sweet Group (CSG), Atlantic Coal (ATC), Iofina (IOF) and African Potash (AFPO). Warning: this podcast contains bad language and rather too many references to Britain's most talented chanteuse Ms Cheryl Cole.

Table of shorted AIM shares - 13/11/2015

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the shorted AIM shares (by net short position %) and if this position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE

Bearcast

Tom Winnifrith Bearcast 18 November - Globo shoot the Neds, Chris Oil Disaster looming and New World

I am asked to be nice to Globo (GBO) non exec Gavin Burnell. I am afraid that I cannot be because with reward ( and Gavin had made more than £100,000 a year as a Globo NED if one includes share sales) comes risk. For AIM to work he needs now to face risk as I explain. Then it is onto New World Oil & Gas (NEW) and why some folks are setting themselves up to lose money (again). Finally more bad news for market abuser Chris Oil regarding his latest car crash of an IPO, Mkango Resources

AVN
AVN

Avanti Communications offers salvation for Globo Shareholders

Of the many lessons to be learned from the Globo (GBO) fiasco, perhaps the most salient is the danger of deriving comfort from institutional purchases. In the final days, as an obscure  German fund named Forum was hoovering up stock (the founder’s stock, as it later transpired) a lot of impressionable punters were doubtless persuaded not to sell and maybe even “average down” on the basis that these guys are professionals and therefore “must have done due diligence” 

TCM
TCM

Table of shorted AIM shares - 06/11/2015

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the shorted AIM shares (by net short position %) and if this position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE

GBO
GBO

Globo plc – update emphasises 'it's a wipeout!' (P.S. Who's going to break it to Roger Lawson?)

The joint administrators of Globo plc (GBO) have further emphasised that they “do not anticipate that there will be any return from the administration for the shareholders” and have updated that “cancellation of the company's AIM securities will take effect from 7am 1 December 2015”

WRN
WRN

The Bulletin Board Moron of Last week was a Worthington loon – can you beat this in the Nov 1 contest?

The Globo (GBO) boards provided some cracking examples of Bulletin Board Moron insanity last week. I particularly liked the post “Should I have listened to the drunken blogger TW?” Yes Moron you should have been heeding my warnings on a whole range of stocks for three years but I guess you are happy staying in the Council House. But the Globo loons were trumped by a classic from a Worthington (WRN) backer:

GBO
GBO

The Globo Fraud Scandal - a look at the winners

EDIT: table reformatted so you can see it all now. Prepare for instant nausea. I've been taking a look at some of the winners from the Globo scandal - those who made money while the shareholders were scammed. Of course, Globo was a fine example of the best corporate governance to be found on AIM. That is what all those exec and non-exec directors (including two chairmen) as well as two principal audit firms were being paid for. Let us take a look at who made what since Globo joined the Casino at the back end of 2007.

GBO
GBO

Globo plc – confirmed date of removal from AIM follows earlier announcement still claiming “Globo is a trusted mobility partner”, Er…

Tom Winnifrith noted earlier HERE the entry into administration of Globo plc (GBO) - the announcement from the administrators including that they “will be applying in due course for the cancellation of the admission of the company's shares to trading on AIM”. FTSE has now updated on this…

Bearcast

Tom Winnifrith Bearcast 3 November - call the Financial Ombudsman Now

This podcast ends with me thanking many readers for making me laugh. Before that I look at Lenigas Cuba (CUBA) and suggest that all 2p investors contact the Financial Ombudsman now. Then I discuss the - unfashionable - idea of taking responsibility for our own actions. Then I cover the fraud Globo (GBO) before looking at LGO Energy (LGO) and Inspirit (INSP) where placings loom very soon indeed. Then I cover World Careers Network (WOR), Standard Chartered (STAN), PeerTV (PTV) and Getech (GTC).

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.

APR Energy Mea Culpa and more drivel from African Potash

I am abroad at the moment and the London Stock market doesn’t kick off until 3PM my time. This has its drawbacks as I have recently found myself reading twitter and bulletin boards while I await the open.  Although I am not a particularly sensitive soul I do feel rather cross when I read the perfectly beastly things being said about me.

GBO
GBO

Globo Scandal - How much did the FY14 Audit cost?

Needless to say, when a fraud scandal breaks one of the questions which gets asked is where were the auditors? In some cases the audit is shown to be hopeless - I would imagine that some will view KPMG's efforts with Quindell (QPP) in that category. Sometimes it is simply that the level of audit which would have been required to unearth the fraud (or, cough, errors) would simply have been too expensive to perform and not necessarily required by the regulators. 

Bearcast

Tom Winnifrith Bearcast 1 November: Roger Lawson, ShareSoc, Globo, Big Dave, Flip Flop and the ISDX Joke

In this podcast I look at Roger Lawson of ShareSoc and his latest ludicrous statements on Globo (GBO).  Does he not realise it is game over. Bust. A fraud. A dead parrot.,Yet he still snipes athe bears and makes suggestions for the way forward. Then it is over to ISDX and its supporters - the young and naive - flip flop Turney and those with other motives, David Lenigas. I write in light of the humiliating failure of the Lenigas Cuba fundraise - see HERE

Bearcast

Tom Winnifrith Bearcast 31 October - ALL the lessons you can learn from the Globo fraud

This podcast should really be a tutorial in red flag analysis. In it I endeavour to cover every single lesson you can learn from the Globo (GBO) fraud - I hope it makes you look at your portfolio of shares in other companies in a more critical manner.

Clown

Equity Stock Loans – as explained to a regulator, ref Globo

In honour of the ex-CEO, Mr Costis Papadimitrakopoulos, of the fraud that is Globo (GBO) we bring you a modern-day version of the popular Cricket as explained to a foreign visitor tea-towel. We hope this will enhance your understanding of the stock-lending deal he did in order to offload ten million shares. That the deal was not declared at the time stinks, but one has to understand how his and the lender's 'interests' in the shares were affected in order to comprehend how the regulators view these types of arrangement. We sincerely hope that this helps.....

GBO
GBO

FRAUD Globo – Nomad quits, Barclays calls default, all the money’s gone - it’s almost game over

At no-one is watching O’clock the fraud Globo (GBO) released a statement – it is all over bar the shouting.

GTS
GTS

Filthy Forty - GTS Chemical Trading Update

ShareProphets AIM-China Filthy Forty play GTS Chemical (GTS) has released a Q3 trading update which is full of unmitigated good news. Revenues up 34% on the same period last year, margins steady, new plant on-stream and more on the way, capacity up, distributors up: the good news is unrelenting. What's not to like?

GBO
GBO

BREAKING: Globo – where’s the cash, has Barclays already pulled the plug?

Bulls of Globo (GBO) console themselves that there might still be 45 million Euro cash left to provide some share price support. We shall see. We will find out because it now seems certain that Barclays bank has already demanded repayment of its outstanding loans as we can reveal documents downloaded from companies’ house.

InternetQ – suffering in the Globo fallout, with good reason or not? …

Shares in Greece-originated technology company InternetQ (INTQ) have fallen sharply having closed last week at 218.25p. This has prompted a statement from the company including that “the board would like to advise the market that it is not aware of any undisclosed reason for this decline”. Hmmm…

GBO
GBO

Globo: two and a bit reasons ... why the cash might not be there.

As the ceramic dust settles from the self inflicted smashing of plates over the heads of Globo shareholders, the last straws are being clutched at. Does the company have all that €47 million of net cash it reported in its interims to 30th June 2015?

GBO
GBO

Table of shorted AIM shares - 23/10/2015

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the shorted AIM shares (by net short position %) and if this position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE

GBO
GBO

FRAUD Globo: Costis Reported to Rozzers in Greece, Cyprus and UK and FCA on the case (at last)

Thanks entirely to the courageous investigative journalism of the snot gobbler Dan “microscopic cojones” McCrum at the FT, ex Globo (GBO) boss Costis Papadimitrakopoulos is now formally in the soup – the company has reported him for fraud to “the appropriate law enforcement agencies in the UK, Greece and Cyprus.”

Bearcast

Tom Winnifrith Bearcast 27 October: Is InternetQ another Globo? Chemring, Dialight & More

A busy day with my daughter beckons. In the evening it is the new James Bond film. But first a lunchtime bootcamp with Uncle Chris (Booker) to put her straight on the Evil Empire, the EU. In the podcast I ask if InternetQ (INTQ) is the new Globo (GBO)? Then I look at Chemring (CHG), Dialight (DIA) - another win for the bears - Afren (AFR) gets a mention as does LGO Energy (LGO), BP (BP.), Union Jack Oil & Gas (UJO) and - just to niggle Wildes - Premaitha (NIPT) whose shares are moving ahead nicely - more to go there!

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.

GBO
GBO

C. Papadimitrakopoulos, CEO Globo PLC, receives the World Finance award for Best Telecoms Innovation

You think awards all a load of old cock? You think that being lauded by the London Stock Exchange is a bad sign? Yup lets watch a video of fraudster Konstantinos Papadimitrakopoulos, until today CEO of the fraud Globo (GBO) in action. Well done you old crook. But at least as you rot in jail know that the LSE once loved you.

GBO
GBO

Which broker did the dirty work for fraudster Costis of Globo?

So which top City broker helped fraudster Konstantinos Papadimitrakopoulos of the fraud Globo (GBO) dump most of his shares last week? Given that the size of the dumping could have meant only one sellers surely its compliance officer was alerted and did something. Or maybe not. So which broker was it. The table below shouts out just one name.

Globo – Next victim Hellenic Capital on ISDX

Oh dear it looks like there is another victim of the Globo (GBO) fraud. ISDX listed investment company Hellenic Capital. It was floated by blond bombshell Gavin Burnell the City slicker who floated Israeli Aquisitor on AIM and then reversed into it the Globo fraud.  Gavin is still on the board of both Globo and Hellenic Capital. And so until today was….

GBO
GBO

Globo plc - some highlights of the red flags aplenty noted on this site...

Tom has written on the shocking developments from Globo plc (GBO) today HERE and HERE. Having first been commented on HERE on this site, the following from the subsequent coverage shows some of the significant red flag warnings we highlighted and to look out for in appraising future investments…

GBO
GBO

The Globo Scandal – who is behind Lantau Holdings Ltd, and was the RNS of 14 Sept Market Abuse?

What a staggering set of RNS releases this morning from AIM fraud Globo (GBO). First we have the near admission that the fraud allegations are substantially true. Then we have the resignation with immediate effect of joint Broker to Globo, Cannacord – just as Cannacord resigned the Quindell (QPP) account when the heat was really on. And to cap it all -  the cherry on the icing on the cake - news that Globo’s erstwhile CEO, Mr Konstantinos Papadimitrakopoulos, had been covertly selling down his holding of shares before the arrival of the bear report from Quintessential Capital Management. But when was he selling?

Bearcast

Tom Winnifrith Bearcast 26 October - Dancing on Graves, Globo, CEB, Eden and more

I am in a rush, as I explain in this podcast. But I am also in a good mood. I may well have a celebratory ouzo for lunch as I think of the Council House morons who bought shares in Globo (GBO) last week just because I was a bear. Enjoy poverty peasants. So I cover Globo, Sareum (SAR), Trinity Exploration (TRIN), Lombard Risk Management (LRM), Eden Research (EDEN), CEB Resources (CEB) and Scancell (SCLP)

GBO
GBO

Globo - more scandal as CEO exposed for dumping shares as we revealed bear report on way

The scandal at FRAUD Globo (GBO) is still getting worse: we have now had news that Globo CEO Mr Konstantinos Papadimitrakopoulos has been selling shares - 42 million of them, and a further 10 million have been "pledged" in a now defaulting "loan" deal with Lantau Holdings in a deal which has echos of the Equities First which was used by fraudster Rob Terry and his henchmen. The shocking statement reads:

GBO
GBO

Globo admits it’s a fraud, CEO & CFO quit, shares stay suspended

The entire spineless mainstream press were too cowardly to publish the Globo (GBO) bear report by Quintessential Capital Management last week or even to link into it. We were not and we published it in full on Thursday HERE and today the company has admitted that it is indeed a fraud, the CEO and CFO have quit and the shares stay suspended.

GBO
GBO

Thoughts on The Globo Report

The much anticipated short report on Globo (GBO) arrived last night  - see HERE - and predictably the shares have been suspended pending the company’s rebuttal. I have written about Globo quite a lot in the past and for what it’s worth, I offer my opinion on the subject.

Christmas-Stripper

Notes from Underground - It's all Greek to us

It was a photo finish between the Globo (GBO) bear report and Tom's victory at the High Court for most-read story this week, but, ultimately, the Greeks win out. Possibly not so much for their shareholders.

Bearcast

Tom Winnifrith Bearcast 24 October - Go Paul Scott! Globo + No-one Oclock round up Friday

In today's podcast I cheer on Paul Scott in his twitter battle with Roger Lawson (see HERE). Then it is onto Globo (GBO) and where we are now. Then I look at the companies announcing at no-one is watching O'Clock yesterday: IGAS (IGAS), EKF Diagnostics (EKF), ADVFN (AFN) and Gulf Keystone (GKP)

GBO
GBO

Bitch fight at the twitter OK coral: top share blogger Paul Scott trashes Roger Lawson

I have long criticised Roger Lawson of ShareScoc He wrote supportively on blinkx (BLNX) without declaring a position and attacked folks like myself and Ben Edelman who disagreed,  declaring that he was a “software expert”.  It now appears that the software expert was also long of Monitise (MONI) and Globo (GBO)

Bearcast

Tom Winnifrith Bearcast 23 October: Daniel Stewart, Globo, Suspensions happening & hangings I call for

A wide ranging little podcast with none of the bad language ( well less) in my earlier bearcast on CEB Resources (CEB) and its scumbag CEO Dave Whitby (HERE). In this edition I cover Globo (GBO), Daniel Stewart (DAN) – with breaking news  - Northbridge Industrial (NBI), Auhua (ACE), New World Oil & Gas (NEW), ADVFN (AFN), Sefton Resources (SER) Holders Technology (HDT) and Northern Petroleum (NOP) 

GBO
GBO

Globo responds to Evil Short sellers 40 page report

Globo (GBO) has responded to the report published last night by the wicked and evil global shorting conspiracy by saying that its shares will remain suspended until it can issue, what it terms, a full rebuttal of a report it says is false.

GBO
GBO

Globo - here is THE 40 page bear report - OUCH!

If this report by New York based Quintessential Capital Management is even half true, Globo (GBO) is in very deep merde. I note that QCM's last big report prompted an aalmost immediate 80% share price collapse. This report is ...startling. I have spoken to the author tonight and this is just an abridged version of what he could have published. The shares should crater on this.

GBO
GBO

Breaking - the 40 page Globo Report is out tonight

A source well aquainted with the author of the Globo (GBO) bear report says that it will be published from New York tonight (UK Time). Furthermore..

Bearcast

Tom Winnifrith Bearcast 22 Oct - Flip Flop talks bollocks (again), Globo, Cambian & Big Dave's next placings

Thanks for all your messages regarding the legal triumph, I comment en passant. Then the podcast turns to the nonsense that flip flop Ben Turney is spouting. I am beginning to think that Old Malcolm Stacey is not the only mad lefty on this website. Then onto Globo (GBO) and more news on "that report" and analysis of the potential for disaster at Cambian (CMBN) even AFTER today's dire warning. There is comment on what is happening at SIG (SHI) and Travis Perkins (TPK) and then onto events at Afriag (AFRI - when's the placing - and growing evidence that the Lenigas Cuba IPO is not exactly flying. Oh... and Northbridge (NBI) when's the profits warning?

GBO
GBO

Another ‘oh no’ for Globo…

Shares in Globo plc (GBO) are continuing to fall following another group of investors saying ‘oh no’ to its investment proposition. With the shares already well down from an approaching 90p a couple of years ago, they are now back below 30p with the company having now announced “that it has postponed the proposed issue of Senior Secured High Yield Notes due to market conditions”

GBO
GBO

Table of shorted AIM shares - 16/10/2015

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the shorted AIM shares (by net short position %) and if this position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE

GBO
GBO

Zak Mir's Great Request Show: Castleton Technologies, Globo, Mountfield Group

If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at shares of Castleton Technologies (CTP), Globo (GBO), Mountfield Group (MOGP) and offer some share price targets.

Bearcast

Tom Winnifrith Bearcast 21 October - waiting for Globo ( and Daniel Stewart)

Already there has been bad news today for Globo (GBO) but we are waiting for the hammer blow flagged up yesterday HERE. I discuss this. Talking of waiting...I move onto Daniel Stewart (DAN). Then a few words about Northbridge (NBI) and Cloudbuy (CBUY) before a bit of a swipe at Uk Oil & Gas (UKOG) and Alba Minerals (ALBA). There is a mention of Ortac (OTC) and also of Mariana Resources (MARL) and its overpaid POS CEO Glenn Parsons.

Christmas-Stripper

My top ten shorts for Christmas – Tom Winnifrith

Circumstances change, share prices change and so ones evaluation of what is in sight as a good short always changes. Challenged by a reader I serve up my ten top shorts/sells for Christmas, with one caveat.

Bearcast

Tom Winnifrith Bearcast 20 October - Fireworks at Globo Ahoy!

Globo (GBO) is now the No 1 short on AIM and I explain why. Then I take a listener request - this is one off favour - and look at Messaging International (MES). Then onto LGO Energy (LGO) where I explain why the Bulletin Board morons are wrong and my target price is either 0p or 0.2p. UK Oil & Gas (UKOG) is heading down to 0.75p and I explain why. Rurelec (RUR) could well be a zero but is certainly a slam dunk sell. And then it is back to preparing my lecture for the lefty sociology students of the Mrs tomorrow "Capitalism makes the world a better place for all (Greed is Good)"

GBO
GBO

Globo plc – 2015 interims review part 2/2: balance sheet

On reviewing the previous results from “international provider of enterprise mobility management, mobile solutions and software as a service”, Globo plc (GBO) HERE the shares were at 52.5p. They declined to below 30p last month, though, following subsequent announcements of a proposed acquisition, interim results and increased shareholdings by Forum Venture Capital GmbH and Forum European Smallcaps GmbH, have recovered to a current circa 40p. Questioning whether previously identified financial concerns remain, I’ve reviewed the recent cash flow performance HERE and the following reviews the balance sheet…

IOF
IOF

Zak Mir's Great Request Show: Globo, Iofina, Zanaga Iron Ore

If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at shares in Globo (GBO), Iofina (IOF), Zanaga Iron Ore (ZIOC) and set share price targets for all three stocks

Bearcast

Tom Winnifrith Bearcast: Sam Antar, Wales, Globo and how do you play the UK housing bubble as a bear?

In today's podcast I reflect on the Wales triumph last night but on a bigger triumph: landing Sam Antar for Gold & Bears on November 28 - the speaker lineup is now full. Go book now as Sam is a superstar. Then onto Globo (GBO), Avanti Communications (AVN), APR Energy (APR) and how to play the UK housing bubble as a bear. And I explain why it is a total bubble.

GBO
GBO

Globo plc – “EUR14 million Proposed Acquisition”, Hmmm…

Globo plc (GBO) has announced the signing of a Letter of Intent to acquire “a Bring-Your-Own-Device and Mobile Security software provider based in Europe”. This has currently helped the shares up to 35p, though they remain well down from above 60p in June and there continues to look good reason why…

Table of shorted AIM shares - 18/09/2015

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the shorted AIM shares (by net short position %) and if this position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE

GBO
GBO

Zak Mir's Great Request Show: Cannacord Genuity, Globo, Valirx

If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at shares in Cannacord Genuity (CF.), Globo (GBO), Valirx (VAL), setting share price targets for all three stocks.

Table of shorted AIM shares - 04/09/2015

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the shorted AIM shares (by net short position %) and if this position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE

SXX
SXX

Zak Mir's Great Request Show: Globo, Sareum, Sirius Minerals

If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at shares in Globo (GBO), Sareum (SAR), Sirius Minerals (SXX) setting share price targets for all three.

GBO
GBO

Memo to Globo. Have you tried MAST Capital Management LLC?

It is now over two months since Globo (GBO) - the international provider of Enterprise Mobility Management - announced its intention to raise up to $180 million in high yield bonds, despite apparently having no real need for the funds with net cash of €47 million.

TCM
TCM

Table of shorted AIM shares - 14/08/2015

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the shorted AIM shares (by net short position %) and if this position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE

LGO
LGO

Zak Mir's Bulletin Board Heroes - Cap-XX, Forte Energy, Gulf Keystone, Globo, Imaginatik, LGO Energy

Featuring Cap-XX (CPX), Forte Energy (FTE), Gulf Keystone (GKP), Globo (GBO), Imaginatik (IMTK), LGO Energy (LGO)

GKP
GKP

Zak Mir's Great Request Show: Globo, Gulf Keystone, Tristel

If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at Globo, Gulf Keystone, Tristel 

TEF
TEF

Table of most shorted AIM shares - 12/06/2015

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the shorted AIM shares (by net short position %) and if this position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE

GBO
GBO

Zak Mir's Bull Call Of The Day: Globo: Classic Setup Surprisingly Targets As High As 75p

It came to my attention a while back that Globo (GBO) became a company which attracted questions in certain quarters. However, from a technical perspective it can be said that the setup up in recent months has been very much at odds with the ideas of the detractors.

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