The most read non-Tom article this week is Centamin – cracking Interims & a dividend hike to pay for the Ouzo by Nigel Somerville is at a decent number ten or number 18 including Bearcasts and Tom’s new shareshow. TW Note it is not. Look at No 1!
I will start writing up my Greek diary tomorrow when I feel a bit more rested after the travel. But in this podcast, I give you a taster of a few of my thoughts and of life here in Kambos where I shook a man’s hand for the first time in months yesterday. I also look at the latest Covid madness from bonkers Boris and at BP (BP.) and the question of its dividend. Of course it should be slashed and if it is, I’d expect the shares to bounce.
In today's bearcast I reflect on the start of Advent which I miss in Wales and on its start here in Kambos Greece. I look at pay at the big accountants and what it says about the sanctions against such folk when they screw up. Then it is onto Neil Woodford's biggest cheerleader in the press until recently, Jeff Prestridge of the Mail on Sunday and his demands for action against the guilty parties in this scandal. Jeff misses out two of the guilty parties and misses the point on the rest.
Rob Terry, Jamie Nimmo, Jeff Prestridge, Neil Woodford, another pointless day of shame for the, increasingly limpdick, Financial Mail on Sunday. I discuss this plus why I do not want to come back to the UK after a chat with lovely Eleni and others here in Kambos in today's bearcast
In this podcast recorded in my car in a side street of Kambos I discuss my journey to the Greek Hovel and being recognised by a man at Gatwick. Fame! Not! Then I look at Versarien (VRS), Asiamet (ARS), First Derivatives (FDP), UK Oil & Gas (UKOG) and the most terrifying stat of all from the Chinese bubble - a warning for you all.
I am still recovering from yesterday's 14 mile training walk for the Woodlarks 32 mile charity walk. Yesterday's trip did not go quite to plan and ended up being a tad longer than expected. I explain all HERE. If you enjoy my suffering I shall do a 20 mile walk next weekend so how about you spare a tenner and sponsor me HERE. In the podcast I ask very hard questions about the sacking of the CEO and FD at Cabot Energy (CAB), formerly Northern Petroleum. I think I know why the P45s and black bags were handed out but Cabot must come clean NOW. Same Nomad, different dog, more questions - MySquar (FRAUD). Then I look at Audioboom (BOOM) and Wishbone Gold (WSBN) where I am a long suffering shareholder. And I smile to myself as I remember watching Germany vs Argentina four years ago in Kambos HERE
I write from the Kouronis taverna in Kambos where, in the middle of a violent thunderstorm, worthy of Byron at Zitsa, it is sheeting it down. I recorded 90 minutes ago in what seemed like a sauna. All is explained in the podcast which covers Air Partner (AIR), Premaitha (NIPT), a fraud on the Mrs, Akers Biosciences (AKR) and Transense Technologies (TRT). Myself and Brokerman Dan have now raised more than £5,000, including gift aid, for our charity walk on July 28. But 96% of Bearcast listeners are yet to chip in, I am sure you can all spare a tenner so please donate NOW HERE. To those who have donated already, thank you.
Yes I did. It was on the way back from the mountain village of Kambos to Kalamata. Some podcasters might have salivated and regarded this as an opportunity. But I am not Justin the Clown, still smarting from rugby defeat for his beloved Wales at the weekend. But I thought it was my duty to help anyway. I digress from the main features of this podcast: Kefi (KEFI), Mila Resources (MILA) and the China fraud Jiasen (JSI). I also look at a share price of a stock where I am an insider - oh no not insider dealing on the AIM casino I hear you say. And then I update on the Dirty Dozen AIM Resource portfolio which I shall launch later today.
I booked my ticket to Athens last night. No doubt the Bulletin Board Morons will assume that I am running scared of the patron saint of fraudsters, the convicted felon, twice bankrupted man barred from being a company director, St Aidan of Banstead. No, I fear not Mr Earley but I head to Greece soon for very different reasons and may be offline for a few days.
After day six of the olive harvest I am shattered but it looks as if tomorrow may be the final day which means a late night at the press in Kambos, ouzo and no bearcast. You have been warned, the Sheriff may have the whole day off so tomorrow is a good day for shysters on the AIM casino to issue dodgy press releases. I take two reader requests. One is on Sirius Petroleum (SRSP) the other on my specialist subject - what is ISDX. In terms of companies I cover Cloudtag (CTAG), African Potash (FRAUD), RedT Energy (RED), Bilby (BILB). In the ISDX piece I mention Chapel Down and Mechan, we own shares in the latter.
Over on TomWinnifrith.com, Tom writes about the latest person who has annoyed the Daily Mail (and thus, Tom), drinking ouzo down the Kambos pub, and waging the WW III against snakes and rats.
Yup I am still clean and 99.9% of the time very glad to be. But I know that if I have just one fag it will be all over. So I will not. I digress. Today's podcast covers my little internet difficulties here in Kambos then goes onto Aureus Mining (AUE), Circle Oil (COP), IGAS (IGAS), LGO Energy (LGO) and Gulf Keystone (GKP). Finally I urge regular listener Marcus Stuttard, head of the oxymorons at AIM Regulation, to read the utterly shocking Phil Edmonds and Andrew Groves tale HERE as it shows what a shite job the bogus Sheriff is doing.
I seem to be struggling to do business with my olives here in Kambos, Greece. I appear to have sold the oil - all bar 16 litres which I am taking back to the UK. But so far I have paid the press 16 Euro for the transaction which now sees it owning 200 litres of MY oil. Surely this is not right? Perhaps InternetQ (INTQ) runs the olive press? In this podcast I also cover LGO Energy (LGO) just to keep Wildes happy - Jabba the Hutt fave Rare Earth Minerals (REM) and European Metals (EMH), Concha (CHA), Tern (TERN), Imaginatik (IMTK), Peer TV (PTV) and the looming debacle at Chris Oil fave Mkango Resources.
I landed in Greece on Tuesday. Within 48 hours the loathsome Blair like lying snake of a PM Alex Tsipras had quit, barring a miracle we will have a second General Election in 2015 on September 20th.
Jim Mellon says that the Greeks should build a statue in my honour as on Friday I opened a bank account in Greece and made a deposit. Okay it was only 10 Euro, I need to put in another 3,990 Euro to get my residency papers so I can buy a car, a bike and a gun, but it was a start. But the scenes at the National Bank in Kalamata were of chaos, you could smell the panic and they were being replicated at banks across Greece.
I was just riding into Kambos from the Greek Hovel and as I turned to go up deserted monastery hill I encountered a shocking member of the wildlife diversity community. More on that later. Meanwhile in today's bearcast I look at MoPowered,Tungster, Brammer, Tribal Group, Coms, Atlantic Coal and have an apology for Falanx.
Recorded outside the Kourounis Taverna in Kambos for reasons I explain this podcast starts with Mariana Resources as I try - and fail - to be charitable. I move into Quindell, Tower Resources, Mar City, Gulf Keystone, APR Energy and Afren.
Rain stopped play. I cannot record a movie. Anyhow I have a face made for radio and so this week's video postcard is an audio in which I set out the stark choices facing Quindell (QPP) directors tomorrow: prison or telling the painful truth.
In this week’s financial video postcard, Tom Winnifrith’s penultimate from Greece, he covers shares that look so cheap, it is too good to be true.