Keyword results: Matt Earl

Tom

BREAKING: Jim Mellon, Matt Earl and Malcolm Burne join the fun – Sharestock 2023 now open for bookings

Some folks said that I did not give them enough notice about ShareStock 2022 so they were on holiday, could not find anywhere to stay or had accepted a prior engagement. So for 2023 I am giving you almost a year’s notice of an even more unusual event! We start with some amazing new speakers:

Bearcast
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Tom Winnifrith Bearcast: Time for eco loons to head to Devon to strip naked and confront David Bramhill again

In today's podcast, I look at Darktrace (DARK) as its shares slump again, Avacta (AVCT) , Novacyt (NCYT), UK base rate rises, nanosynth (NNN) and the dishonesty of journalist smearing and trolling Union Jack Oil (UJO). PS, Matt Earl, the Dark Destroyer, tells me that he has added to his Darktrace short today.

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Top-10

Notes from Underground – Most read articles for the week ending 3 Sept 2022

These are the most-read articles and most listened-to Bearcasts of the week. The most read non-Tom non Darren article is “The Gold View From The Montana Log-Cabin As The Fed Is In A Jackson’s Hole” by Nigel Somerville at number 5 or number 11 if you include Bearcasts.

PREMIUM CONTENT

A hopping mad Matt Earl on Darktrace – you’d be mad to own the shares

Last week the Dark Destroyer agreed to do a conference call with a few fund managers to discuss Darktrace (DARK). Some sad feck recorded the call and passed the recording to the Sunday Times which ran a big story “exposing Matt’s undisclosed short”. If only financial journalists on the deadwood press understood that short disclosures are only visible over 0.5%. So, for Darktrace that would be c. £18 million, way too big for Earl’s Shadowfall oufit. Earl is hiding nothing.

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BOO
BOO
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EXCLUSIVE: Boohoo.com – The Dark Destroyer Matt Earl spells out the cash need and the way shareholders were fleeced

Over the weekend I explained HERE why Boohoo.com (BOO) could go bust. Given the shocking corporate governance history here arguably it SHOULD go bust. Boohoo is just a bad actor on the PLC stage. Matt Earl, the Dark Destroyer, was an early critic of Boohoo but even with the shares having crashed to 44p, giving a £560 million market cap, he warns of massive problems ahead and quantifies the extra cash need: £200 million.

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Fevertree warns – told y’all, worse still to come

Lucian Miers and I both warned that this would happen as, I think, did the Dark Destroyer Matt Earl. Chris Bailey is a non-drinker and disagreed. Never trust a non-drinker, as my pal Evil Knievil (not a non-drinker) would say. On 19 May Fevertree (FEVR) told us to expect flat FY EBITDA of £63 million to £66 million. Today, less than two months later…..

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Bearcast
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Tom Winnifrith Bearcast - I am so ffing bored with Ariana but is that a reason to sell?

I start with a report on life at the only place in the world wetter than Wales. Will harvester B have to swim across the dry river to make it home? There are photos on my site but it is getting a bit nerve wracking. I look at crypto and answer questions from reader Guy as to whether it is a bubble. I discuss the ethics of Matt Earl closing most of his Civitas Social Housing (CSH) short and I admit again to being bored by Ariana (AAU) while others are bored by Optibiotix (OPTI) but is that a reason to sell?

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CSH
CSH
PREMIUM CONTENT

Civitas Social Housing slammed by Regulator and then savaged by Matt Earl

We have noted before, the inadequate and unconvincing way that Civitas Social Housing (CSH) has responded to bear dossiers published by “the dark destroyer” Matt Earl and his Shadowfall firm. Today the Regulator of Social Housing, RSH, has published a damning report into the two largest clients of Civitas. The regulator does not mince its words and following that neither has Matt.

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Are you smarter than myself, Jim Mellon, Richard Jennings & Matt Earl? Do the Pioneer gobbledygook test

Aquis listed Pioneer Media (PNER) run by serial promoter and related party deal specialist Mike Edwards or, as he now likes to be known, “Mike Edwards”,   has put out a release today about the acquisition of CryptoPunk 8869 in Canada. It is pure unadulterated gobbledygook but that is the point. I have asked several very smart folks including the Dark Destroyer and Jim Mellon if they understand it and can explain it but they cannot. Neither can I. But few are brave enough to admit it and so the narrative that this makes sense, that the Emperor’s New Clothes are just splendid goes unchallenged.

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FDP
FDP
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First Derivatives now FD Technologies: shares £46 to £21 since my first bear piece but much worse to come

It was back in July 2018 that I first started to expose the murky and, at times fraudulent, world of First Derivatives (FDP) and its scandal plagued auditors at KPMG Belfast, with the shares at £46.  A lot has happened since then. Fascist PR pigs FTI tried to bully me to take down my articles but I told the mothers where to stick it. I reported First to the FRC and it was forced to restate its crooked accounts signed off by KPMG. And Brian Conlon, the CEO and architect of this enterprise sadly passed away leaving his grieving widow as the largest shareholder. Today the name is now FD Technologies (FDP).And it is still a cracking short ahead of numbers next week.Let me explain.

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CSH
CSH
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When a regulator works with a short seller you know the target is in trouble

Since, a few weeks ago, Matt Earl launched his first bear dossier on Civitas Social Housing (CSH) its shares have fallen by 25% to 91p. The company did issue a response to the first dossier published by the bear raider known as “the Dark Destroyer”.

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Top-10

Notes from Underground – Most read articles for the week ending 16 October 2021

The top non-Tom article this week is Three Shares You Just Don’t Want To Own as they should all go bust! by Nigel Somerville at number two or number six if you include the Bearcasts.

CSH
CSH
PREMIUM CONTENT

Is this game set and match to Matt Earl, the Dark Destroyer & Shadowfall in its battle with Civitas Social?

The RNS today is headlined “response to further letter from short seller. “ Sure Matt Earl’s Shadowfall is short but he is also a brilliant analyst who has exposed so many frauds over the years. Surely the correct headline should be “lack of response to brilliant analyst who has exposed so many frauds over the years.” For the other thing about this response is that it is not a response at all, it appears a recognition that Civitas (CSH), has no response.

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Bear
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Matt Earl, the Dark Destroyer - lessons from Wirecard and some read across shorts

Matt and his Shadowfall company earned great plaudits when it came to exposing the Wirecard fraud. He has today published a report on lessons all should learn and some read across shorts. Enjoy.

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FDP
FDP
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Detailed analysis: First Derivatives cleaning up its act thanks to me, Matt & the FRC but still a joke valuation

Thanks to the pressure applied by major dossiers and a string of exposed published by myself and by the Dark Destroyer, Matt Earl, a new management team at First Derivatives (FDP) has started to clean up its act. I got the FRC to force it to change its misleading accounts. And the old, very whiffy related party/Panama Pump deals of the ancient regime are gone. But yesterday’s results show that without the gloss of aggressive accounting and dodgy deals, what is left is a dull business but still one on a glamour rating. My original bear call – sell at £46 on 28 June 2018 – was spot on. The shares are now £22.25 to sell but still a slam dunk sell. Here is why…

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Blue Prism Group – full-year results, again states “strong cash performance”. Er...

Self-styled “global leader in intelligent automation for the enterprise” Blue Prism Group (PRSM) has announced results for its year ended 31st October 2020 with Chairman and CEO (hmmm) Jason Kingdon emphasising “we are building a global software company and have made a great deal of progress in the year”. The shares have currently responded to around 1400p, circa 25% lower!…

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Father Christmas
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The Great ShareProphets Christmas Red Flags Sweepstakes – The Result

Unfortunately Boris Johnson is still celebrating his Brexit success, before sharing what is in the document with anyone else. What could possibly go wrong!? So he has asked me to help out with the final adjudication of this year’s ShareProphets Christmas Red Flags sweepstakes  – with, as ever, absolutely no prize at all beyond the immeasurable kudos involved. So here is my list of RNS Red Flags on Christmas Eve.

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Future buys GoCo for £594 million but will this paper over the lack of growth cracks?

The short answer according to Matt Earl, the bear raider known as the Dark Destroyer, is No!

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Matt Earl, the Dark Destroyer, takes aim at Blue Prism publishing devastating dossier (below)

Matt Earl of Shadowfall, aka the Dark Destroyer, has published a devastating dossier on £1.6 billion capitalised Blue Prism (PRSM). The company is yet to respond but it is hard to see what it can say in the face of clear dynamite. The dossier is below in full. The shares appear to be utterly uninvestable.

Tom

Tom Winnifrith Video Shareshow No 11: Almost 3 hours of AEX Gold, me on a new stock I've bought and why SYME is a con and a zero and Chris "3 brains" Bailey

And now from Wales, by just 30 yards, it is my new, I hope, weekly video show. This costs 99p per episode, and you can either listen to, or watch, some sparky interviews with  Chris “3 brains” Bailey on his dirty secret, the real economy why UK shares are so cheap, on gold and his 3 top picks. There is also a detailed interview with the boss of AEX Gold (AEXG) who is not really 13 years old plus I discuss a new stock I have bought into heavily and also why Supply@ME Capital (SYME) has this week hoisted its biggest red flag yet, is a scam and is worth 0p. You can access the show HERE

Bearcast
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Tom Winnifrith Bearcast: Is Matt Earl wrong on Boohoo? I fear that he may be

I warn you that my Mahmud Kamani impression when he meets the new ESG director forced upon him contains strong language. It had to, to be accurate. I discuss, in this podcast, the liars at Supply@ME Capital (SYME), William Hill (WMH), Restaurant Group (RBG), Hammerson (HMSO) and Boohoo (BOO), plus my act of mask rebellion in Wrexham yesterday as I stocked up on loo rolls. You – and the Mrs – mocked me last time but it is better to be the first lunatic overreacting than the first sane person forced to pay £5 and limited to 1 roll each!

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Tom

Tom Winnifrith Video Shareshow No 10: Almost 3 hours of Andrew Bell, Matt Earl of Boohoo infamy and myself on more red flags from the liars at Verditek

And now from Wales, by just 30 yards, it is my new, I hope, weekly video show. This costs 99p per episode, and you can either listen to, or watch, some sparky interviews with bear raider Matt Earl on the markets, the real economy and on 2 stocks where he is short (IQE & Boohoo) and one where he might be soon (Future PLC). we focus on Boohoo. There is also a detailed interview with Andrew Bell of Red Rock Resources (RRR). Its shares are 0.82p and what Bell says is ground breaking. I am on record as saying I shall eat my hat on video if the shares are not 1.26p before Christmas. I now reckon 1.65p is achievable and this is explained very clearly. Finally I return to the liars at Verditek (VDTK), why it is drowning in red flags and more. You can access the show HERE

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Sardines!

Chutzpah: extreme self-confidence or audacity, usually used approvingly.

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Bearcast
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Tom Winnifrith Bearcast: Maybe I was wrong (it happens now and again) on AEX Gold

I start with a London millionaire slating me for being an Alt Right billionaire. I am neither but our in-house Euro loon Jonathan Price is a peculiar fellow. I look at the madness at Vela (VELA), at Future (FUTR) and its trading statement (a win so far for Mark Slater vs Matt Earl), at what Verditek (VDTK) did NOT say, and at AEX Gold (AEXG) where the CEO is 13, or at least looks it, but I may have been a bit harsh before.

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BOO
BOO
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BREAKING: Does the brother of Boohoo boss Mahmud Kamani own the Leicester slave factories

Boohoo (BOO) stated on 8 July that it was “shocked and appalled by the recent allegations that have been made” about suppliers in Leicester using what amounts to slave labour. Really? On the Iain Dale show on LBC yesterday, Tory MP Andrew Bridgen – who has led this expose – stated that a main centre of this trade was the Dunlop Building. He means the Dunlop Business Centre.

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Top-10

Notes from Underground - Most read articles for the week ending 10 July 2020

The most read non-Tom article this week is Rockrose Energy – I got this one wrong and cost Tom £9000 – sorry! by Peter Brailey is at solipsistic number seven or number 14 including Bearcasts and Tom's new shareshow.

Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: In bad Matt Earl they love the Governor, Boohoo, hoo

I hope that you appreciate the musical headline. In today's podcast I look at Boohoo (BOO), the utterly ludicrous spoof from toxic Dave Sefton and Iconic (ICON), Natasha Toy (a Good German), Kevin Engel, Grant Thornton and the FRC and I comment on $1800 gold. In that vein with the sector set to catch fire, buy your £2.99 ticket for Mineprophets now HERE..

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Bearcast
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Tom Winnifrith Bearcast: Boohoo.com, Baillie Gifford, slave labour & Leicester

I start with a few words on the end of lockdown for those of us living within 5 miles of England. Then I look at the growing scandal involving Boohoo.com (BOO), and its suppliers using slave labour in, Leicester, spreading disease and treating workers like, well, slaves. It is a scandal. But who will Baillie Gifford which wanks for Britain on virtue signalling ethical investing (see HERE) react as it is a major Boohoo backer? Now Matt Earl's words about bumper margins at Boohoo, in my second video show HERE,  seem even more prescient.  PS remember to book your seats for MineProphets on July 18 HERE.

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Tom

Tom Winnifrith Shareshow No 4: Well over two and a half hours of David Bramhill of Union Jack, Nigel Somerville on gold and 4 gold stocks to buy & also the red flags at Diversified Gas

And now from Wales, by just 30 yards, it is my new, I hope, weekly show. This costs 99p per episode to access and you can either listen or watch very sparky interviews with our in house gold guru Nigel Somerville on why you must be in gold and on the stocks or ETFs to own to maximise your bull market gains and with Union Jack Oil (UJO) boss David Bramhill, the most underpaid oil CEO on AIM. I also serve up a red flag-spotting session with reference to Diversified Gas & Oil (DGOC). You can access the show HERE

Bearcast
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Tom Winnifrith Bearcast: Strawberry fields forever coming later but first some sheer insanity

I promise you pictures of my 99 now planted strawberry plants later and I also have good news from the orchard. Yesterday my daughter and I managed just 17 laps of the fields ( 20km) here at the Welsh Hovel for reasons I explain but I shall do 45 laps in six days time to raise the £48,000 Woodlarks needs to survive. We are now at 64% of target, please, please make a donation HERE. then I look at the insanity gripping equities. I am now turning less bullish and explian why, looking at Hertz, Intu (INTU), Avacta (AVCT) and a number of other situations. I refer to my premium video with Matt Earl here. 

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Bearcast
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Tom Winnifrith Bearcast: A very frank exchange with Colin Bird & 4 reasons to be happy

Four reasons to be happy:  Joshua is back at nursery, my daughter has arrived for a week long holiday, I seem to be set for another £50,000 unexpected pension windfall ( bring on retirement!) and my latest premium podcast with Aidan Bishop, Matt Earl and me is a humdinger and is live HERE. Elsewhere I have frank words with Colin Bird and discuss Galileo (GLR), today's discussions with the FCA, Amigo (AMGO) and Powerhouse Energy (PHE) . Oh, PS, please dionate your £10 HERE

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BOO
BOO
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BooHoo I take it all back - I can't see any reason to hold

In yesterday's bearcast I discussed why Boohoo (BOO) did not move from the AIM casino to the main market. Some interpret this as me saying the shares are a buy. Au contraire on a PE of 60 the risk reward trade off looks dreadful.  Yesterday i recorded a video with Boohoo's greatest critic Matt Earl and that should go live within 24 hours and that will, I suspect, raise many more questions that bulls cannot answer. Now the Sunday Telegraph brings news of US legal action and I publish the Ciurt filings in full below. Ouch!

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: In defence of Boohoo's management

In today's podcast I tempt fate - as I am about to record a video with Matt Earl - in defending Boohoo's (BOO) boss. I discuss the shares vs cash debate, Rolls Royce (RR.), sharp share price moves, ref Skinbiotherapeutics (SBTX) and what the real unemployment number will be as furloughing is wound down. And now for a long training walk for the Woodlarks walk in 2 weeks time. We are now at 36% of target: please donate today HERE

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BOO
BOO

The Dark Destroyer Matt Earl launches new attack dossier on Boohoo

Ouch. This is a compelling read from Matt Earl and his Shadowfall company which is short of Boohoo.com (BOO) and makes a very compelling case indeed as to why the shares are overvalued. The dossier is below , in full.

BUR
BUR
PREMIUM CONTENT

Carson Block of Muddy Waters launches shocking new attack & dossier on Burford

At the ShareProphers shares show this weekend carson was a star happily explaining why Burford (BUR) could be a zero. If you have not watched the great man in flying form do so here. at the same event Matt Earl, the Dark Destroyer, also weighed in. Now Carson has savaged Burford in a new dossier which I publish in full below. Explicity he accuses the company of misleading investors, noting:

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Evil

So you need no guidance from Carson, Gabriel, Evil, Lucian and me on spotting frauds & ramps ?

If you have not bought a ticket for the greatest ever investor show held in Britain, this Saturday May 9, I suppose the answer is YES!. Congratulations! You are a genius.  The best short sellers in the US and the UK have no guidance for you on how to spot disasters to either short or just to avoid, have nothing to teach you and you don’t want to hear any of their ideas as you know better. I bow to your wisdom.

Evil

Tom Winnifrith: The greatest ever speaker line-up at a British Investor show – Do Not Miss out on May 9

The Coronavirus lockdown has meant the two big investor conferences have been postponed. But as a one-off alternative I have assembled the greatest ever speaker line-up for British Investor Show – welcome to the ShareProphets Shares Conference, a true online extravaganza on May 9. From both the UK and US some of the biggest names in investment will be telling you what they are buying, selling, shorting or avoiding. There are so many stars we need two main stages where you can hear:

STJ
STJ
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The Dark Destroyer Matt Earl on why he is short St James Place

I view St James Place (STJ) as a long term short since it has always and continues to provide a truly appalling service to its customers. You can fleece punters to reward staff and shareholders for only so long but eventually you reap what you sow and for me that makes this company uninvestable. The Dark Destroyer offers up a more detailed financial analysis of why his Shadowfall fund is short. Enjoy

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: chatting with Nigel Wray and tweeting back to the Banning Buffoon

The Dark Destroyer, aka Matt Earl, has branded Andrew Monk, the Banning Buffoon for his call to ban shorting in a fiery twitter exchange. I discuss why Matt is right on all counts. I chatted to Nigel Wray, Britain's Buffett, at length today about the markets, individual shares, the coronavirus, the shape of the recession, consumer attitudes and most interestingly about commercial property, which he knows a bit about. I also discuss Sosandar (SOS), Finncrap (FCAP), Arden (ARDN), WH Ireland (WHI) and other Nomad/brokers and when the FCA will have to step in to check their solvency. Finally a few words on the Government's daft £330 billion loan scheme.

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IQE
IQE
PREMIUM CONTENT

Breaking: Bear raider Matt Earl’s 2 Big Coronavirus Shorts

There will be some who say that shorting a stock because it is exposed to the fallout from Coronavirus and what may well soon be a global pandemic is Tasteless. They probably have no such complaints about going long of a company with a test for the product. I am sure we all pray that this human tragedy ends soon. But the reality is that right now it is growing and, notwithstanding today’s sell-off, many of us reckon the market in certain stocks fails massively to discount the downside risks.

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Tom

FREE Podcast: ShareProphets Radio Edition 24 with Tom Winnifrith and the Dark Destroyer Matt Earl

My guest in this week's show which is sponsored by Open Orphan PLC (ORPH) is my old pal, the Dark Destroyer Matt Earl. We discuss how a bear can make money in this market, Tesla (TSLA), NMC Health (NMC), Finablr (FIN), Burford (BUR), IQE (IQE) and in real detail Mark Slater, Sam Antar and Future (FUTR) in the wake of Matt's bombshell dossier of last week. If you like this podcast and can't wait seven days for more of the same and are tired of being a cheapskate you should listen to my Bearcast every day.

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Red Flag Spoof Alert: Future plc Director share purchases

One of the signs that all is not well at a plc is when directors pile in for share purchases of a poxy amount to try to show confidence. And that brings me to Future plc (FUTR) which has been on the receiving end of a duffing up by our own Tom Winnifrith and the Dark Destroyer Matt Earl at Shadowfall. Of course, as Tom Winnifrith points out, Future’s response would have made the US fraudster-turned-fraudbuster Sam Antar proud: the report and criticisms were totally ignored.

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Bearcast
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Tom Winnifrith Bearcast: Sam Antar will be so proud of Future PLC

I am not saying Future (FUTR) is a fraud just that the way it has responded to Matt Earl's devestating dossier will make my pal, the King of the Fraudsters, so incredibly proud. At last someone is following his advice on how to deal with critics. I also look at Burford (BUR), Big Dish (DISH), NAHL (NAH),Nostra Terra (NTOG),  St James Place (SJP) who I suggest hires Elizabeth Holmes and Julie "lingerie on expenses" Meyer at once, Versarien (VRS) and Arden Partners (ARD), home of the China fraud specialist Mr Paul Shackleton of Naibu (NBU) infamy.

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Top-10

Notes from Underground - Most read articles from the past week

Excluding ShareProphets radio 23, the most read non-Tom article this week is Avacta - It Gets Even Better by Malcolm Stacey,back on the leaderboard at #11 or  #18 if you include Bearcasts. 

PREMIUM CONTENT

The Dark Destroyer Matt Earl's Shadowfall outft publishes daming 69 page dossier on Future PLC

We have been all over Future PLC (FUTR) this week with a three part special as you can see HERE. But now Matt Earl, the UK's smartest bear raider has gone short and published a major and damning dossier. You ignore the Dark Destoyer at your peril. His report is below.

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LipstickOnPig
PREMIUM CONTENT

The Dark Destroyer Matt Earl publishes daming 71 page dossier on Eurofins Scientific

No doubt Roger Lawson reckons that Matt Earl should have run the dossier below by the Luxembourg based company first. It is long but damning and the shares are crashing on the back of it. Enjoy.

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IQE
IQE
PREMIUM CONTENT

IQE Plc – the Singapore joint venture implodes

IQE PLC (IQE) has today announced that it is buying out its partners in a JV in Singapore. Quite simpoly this JV has been a financial disaster, not that this was ever reflected in IQE's accounts.Now it seems to have imploded with IQE's partners walking away. Amazingly the shares are up on the deal at 62p. This is madness and this remains a stonking short.

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Tom

FREE Podcast: ShareProphets Radio Edition SEVEN with Tom Winnifrith - Matt Earl is explosive

In this seventh edition of the ShareProphets Radio podcast sponsored by Turner Pope, this week, in order I discuss why Burford scrutiny is so welcome then interview Matt Earl, the Dark Destroyer, on Avanti (AVN) , Burford (BUR), IQE (IQE), First Derivatives (FDP), Versarien (VRS), Quindell (QPP)) and Kerry Group. After a few more thoughts from me on scrutiny of smaller AIM stocks I interview Steve O'Hara of Optibiotix (OPTI) and then discuss one area where I disagree with him on strategy.  If you like this and can't wait seven days for more of the same you should listen to my Bearcast every day.

IQE
IQE
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IQE Interims – look at that shiny new debt facility: sell

Bulls claim to be delighted. Having issued a shocking profits warning on June 21, IQE has served up half year numbers which reconfirm full year guidance. There is no follow up profits warning. Well not yet. But bears have real reasons for cheer. Having stated in June that it could operate within its existing £27 million overdraft into Q1 2020, we see today that the company has secured an additional £30 million asset financing (expensive debt). Ok, no bailout placing pro tem but a sign that cash continues to be burned.

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Bearcast
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Tom Winnifrith Bonus Bearcast: Burford's statement does not wash and indeed raises many more red flags

Burford (BUR) has today issued a statement regarding Napo and the 2013 accounts. The statement, below, itself fails to address the two critical key points and indeed raises a stack more red flags as I discuss in some detail having chatted at length about this to the Dark Destroyer, Matt Earl.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: IQE Timber! (Next week)

I start by discussing an interview with Matt Earl for the next Shareprophets Radio show. It will be up later and will knock your socks off. I look at IQE (IQE) and warn you all. I defend myself against an attack on my share tips from pompous twit NoGold. I look at Watchstone (WTG), Quindell as was in light of today's laughable news and also at Thomas Cook (TCG), which is still 80%+ overvalued.

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BUR
BUR

Matt Earl Tweet, who is a very funny bear then?

Just to show that bears can tell jokes, here's a Burford (BUR) tweet from Matt Earl. the Dark Destroyer.

70 Page Dossier from the Dark Destroyer Matt Earl takes apart Kerry Group

Shadowfall, the company run by bear raider Matt Earl, the "Dark Destroyer" has today published a 70 page dossier on 18 billion euro capitalised Kerry Group (KYGA). It is a pretty devestating analysis. The report can be accessed in full below.

JEO
JEO
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A good (short) idea from Matthew Earl

On Saturday I shall be on the main stage at UK Investor in a bears panel with the Dark Destroyer Matthew Earl and new bear on the block Duncan Stewart. We can promise fireworks. Here is a taster, an idea from Matt...

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Mark-Slater

Now 80% booked out – grab your complimentary seat for UK Investor on March 30 TODAY

As of today, The Global Group UK Investor show is already just over 80% booked out so do not miss
your chance to join 3,000 other investors who want to make more money from shares, on march 30
in Westminster.

UKIS

An all-star line-up at the UK Investor Show on March 30 DO NOT MISS OUT ON COMPLIMENTARY TICKETS

As a ShareProphets reader you know the speakers, you’ve seen the videos, indeed, you may well have attended a UK Investor Show in person so you know something of what to expect. But in our 18th year the team is going to serve up their biggest and most exciting all-star event yet on March 30th 2019. Do not miss out, reserve your place today.

Wolf-of-Wall-Street

The 20 most read articles of 2018, plus the 20 most listened-to Bearcasts

After 365 days of cracking financial journalism, here are the top 20 stories that ShareProphets readers were obsessed by. 

FDP
FDP
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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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FDP
FDP
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First Derivatives - is this a smoking gun?

Matt Earl has already done valuable work on First Derivatives (FDP). But is there a smoking gun? Let's rewind sixteen years...2002 was a tough year to launch a tech IPO.  

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast - First Derivatives More to Come (ho, ho, ho - crack out the ouzo)

Our Winnileaks Matt Earl special on First Derivatives (FDP) has set the cat amongst the pigeons. But I have bad news for the men from God's chosen lands of Ulster who run First. I have more and hope to air soon. Ho ho ho. Get the ouzo and ice ready. In this podcast I also cover spoofing at BlueJay (JAY), Fastjet (FJET), Frontera (FRR), the scandal at Indigovision (IND) which is enough to have us all voting for Jeremy Corbyn, Mayan (MYN) and, in some detail, Condor Gold (CNR), the gold dog which has sent so much of the cash of my good pal Jim Mellon to money heaven. I fear Jim will have to get his wallet out again soon.

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FDP
FDP
PREMIUM CONTENT

Matthew Earl, the Dark Destroyer sticks the knife into First Derivatives ( he's right)

The September letter from Matt Earl to investors in his Shadowfall fund has found its way, via Winnileaks, into my possession. I gather Matt does not want it published but Winnileaks works both way Mr DD! I had a pop at First Derivatives (FDP) myself back in June despite it hailing from God's chosen lands of Ulster, as you can see HERE.  Matt goes into far more detail in the 47 page document you can see below. 

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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.

IQE
IQE
PREMIUM CONTENT

WinSemi - disastrous earnings report - surely this is very bad news for IQE?

Win Semi is the world's largest GaAs chip foundry and are central to the 3D sensing supply chain.  Below you can see the first page of a broker report that came out on Friday which describes its quarterlies as "disastrous".  So what? aay the IQE (IQE) bulls.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast - surely you want Brokerman Dan in his underpants all over the internet?

In today's bearcast I look at Mysquar (FRAUD), UK Oil & Gas (UKOG) and its latest spoof, Dignity (DTY) where I have grave concerns, Magnolia Petroleum (MAGP) and its dead cat bounce, Pantheon Resources (PANR) where it's placing ahoy and at Mirada (MIRA) where I fear the worst. Sorry Matt Earl. Brokerman Dan says that if we raise our target £20,000 for Woodlarks with our 30 mile charity walk on July 28 he will do the last mile in his underpants. We will have cameras on hand and splash it all over the internet. Thanks to all who have donated but 95% of bearcast listeners have yet to do so although we are already 23% of the way there. So please donate a tenner each today HERE

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Bear
PREMIUM CONTENT

UK Investor Show Video 2018 The Bears session Lucian Miers, Matt Earl, Tom Winnifrith & Nigel Somerville

And the next video is the bears with myself, the Dark Destroyer Matt Earl, the Bard of the Boleyn Lucian Miers and a cameo by Nigel Somerville on Advanced Oncotherapy (AVO). On the agenda Telit (TCM), Tesla (TSLA), Mitie (MTO), IQE (IQE), RM2 (RM2),Avanti Communications (AVN), AIQ (AIQ) and a good stack more.

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IQE
IQE

BREAKING: IQE - now the shit really hits the fan: Muddy Waters goes short and publishes the bombshell dossier below

Legendary US bear raiding outfit Muddy Waters has announced that it is short of IQE (IQE). It dismisses Matt Earl's Shadowfall dossier of last week as only partially getting there and has published its own devastating report slating IQE as an "egregious accounting manipulator". Don't mess with Muddy Waters, anyone out there still owning this stock should sell NOW!. Muddy notes:

Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: A Tired Philadelphia Eagles fan - why did I bother waking up?

For reasons mainly to do with girls (well two of them) I have always been a Philadelphia Eagles fan. The last time they won a championship, Hurst, Peters and Moore were playing for West Ham - the two teams have a lot in common. Anyhow I stayed up late and for once fortune is not always hiding. Why did I get up? The market is a sea of red and I discuss that. I look at IQE (IQE) after chatting to Matt Earl, at Woodford Patient Capital Trust (WPCT), Inspirit (INSP) and at Shield Therapeutics (STX). Nomates Neil Woodford has not replied to my polite invitation of yesterday

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IQE
IQE

IQE counters on Matt Earl dossier - but does it? Methinks not.... keep selling: Earl hits back

IQE (IQE) has, this morning, attempted to hit back at Matt Earl's devastating dossier published on Friday, HERE. The statement, crafted by evil and hugely expensive PR spinners FTI, naturally seeks to point out that Earl's Shadowfall fund is short so gains if the share price goes down. No doubt house broker Stifel which has earned millions from IQE will publish a bullish report later. Will IQE issue an RNS flagging up its COI? No. Earl himself has hit back at the hit back telling ShareProphets:

CIR
CIR

FCA short positions table: more bad news for Woodford ahead?

I have been taking a look through the FCA table of registered short positions, following my piece on Interserve of Friday. I don’t offer anything exhaustive, but the largest individual short positions interested me as they are as high as 5.42% of the capital. That’s quite a bet. Oh, and just as it happens, Neil Woodford features with two of them. They are also all stocks where we at ShareProphets have been bearish.

IQE
IQE

IQE - How this plays out Monday Morning & a heartfelt apology from me

I see that smarmy lefty millionaire comedian Bob Mortimer is boasting in today's Sunday Telegraph about how he bought IQE (IQE) as a penny stock and it is now 163p. Methinks not Bob. I warmed folks to sell at 138.5p in a detailed dossier published in October HERE. Matt Earl's 36 page note of Friday has really set the cat among the pigeons. The shares are 104p but will - I suspect - tank on Monday.

Bearcast

Tom Winnifrith Bearcast: Don't tell Neil Woodford but Purplebricks is worth just 94p per share - or probably less!

Today's bad news for Britain's most conceited fund manager, Neil "Nomates" Woodford is a savage note on Purplebricks (PURP) by broker Jeffries setting a 94p target as you can see HERE.  I discuss why this target could be too low or could be far too generous but the shares are certainly a slam dunk sell. I look at IQE (IQE) in light of Matty Earl's bombshell note HERE. There is comment on Online BlockCrap (OBC) and a look behind the headline numbers and the turd polishing which shows why Mobile Streams (MOS) is so deep in the unpolishable merde 

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IQE
IQE

BREAKING: Bombshell 36 page dossier from the Dark Destroyer Matt Earl - IQE shares grossly overvalued

Matt Earl, the bear raider known as the Dark Destroyer is riding high after a string of recent big wins including Mitie (MTO). His next target is IQE (IQE) currently valued at c£890 million. Launching his new hedge fund Shadowfall Matt has produced a damning 36 page dossier which we reproduce in full below.

MTC
MTC

The Dark Destroyer warns that Mothercare won't exist in two years time

I was uber bearish on Mothercare (MTC) in yesterday's bearcast and could easily see it go to zero as I explained in full. My confidence in that assessment is reinforced by comments made by Matt Earl, the Dark Destroyer who is the Mothercare specialist in the global shorting conspiracy.

Mirada trading statement, feel that cashburn - placing ahoy

With apologies to my fellow bear Matt Earl, the Dark Destroyer, who is a NED at Mirada (MIRA) but today's trading statement moves swiftly from gushing about jam tomorrow to a a damning admission of the monumental cashburn which leave the balance sheet holed beneath the waterline. It is placing ahoy and for a company of this size that means bucket shops and a deep discount

TCM
TCM

What sort of Internet of Things PLC has an "art curator on the payroll" - Telit Communications natch. Guess who!

The talents of Ruth Veronique Katz/Cats the wife of Telit Communications (TCM) boss Oozi/Uzi know no bounds. She is the owner of showjumping ponies which allow her daughter to compete for Israel. She owns a company producing arthouse films. Back in the early nineties it seems as if she, or someone born on the same day with the same name married to a man of the same name, had expertise in real estate fraud, as I revealed earlier today HERE. But still Ruth marches on, slaving away as a, no doubt well paid, employee of Telit. What does she do? Over to LinkedIn....

Newsboy

Notes from Underground: They're not saying Boo, they're saying Booo-urns

The story of our week has been our turmoil with generic file hosting PLC, Audioboom. It's a sad fall for them. Created in 2013 as Audioboo, the service was intended as a resource for journalists (and musicians) to create audio clips as easiily as taking a picture. Founder Mark Rock talks about how instrumental Audioboo was during the Arab Spring uprisings here.

Matt Earl, The Dark Destroyer says Purplebricks denial does not wash

Infamous short seller Matt Earl, aka the Dark Destroyer, has gone to war with Purplebricks (PURP) questioning its absurd valuation and also its response to last night's hatchet job on the BBC Watchdog programme. Earl notes:

MTO
MTO

FRC looks into Mitie and auditors Deloitte - will Tory Baroness Ruby McGregor Smith lose her Peerage? An acid test for the politically correct...

The Financial Reporting Council has announced that it has opened a formal investigation into the accounts of outsourcing group Mitie Group (MTO) for the years to March 31st 2015 and 2016. Mitie is in the spotlight and auditors Deloitte will also be investigated. So what has Baroness Ruby got to say about this?

MTO
MTO

Mitie – shares up on “Trading update” announcement. Positive news then? Er…

Shares in Mitie Group (MTO) currently trade circa 4% higher on the day, at around 220p, on the back of a “Trading update” announcement. Good news from this “facilities management, connected workspace and professional services business” then. Er…

Bear

Video: The Bears Session at UK Investor Show 2017: Two well known stocks set to collapse

In this video from the storming success that was the 2017 UK Investor Show, Graham Neary, Lucian Miers, Tom Winnifrith, Matt Earl, and Gabriel Grego select two well known stocks set to collapse. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

Evil

Tom Winnifrith: The Top short sellers, bears and fraudbusters all together on April 1 - don't miss out

You might hate bear raiders. You might think that short selling is unethical. But what you cannot argue with is that ignoring men such as Evil Knievil when they sniff out a fraud or accounting malpractice will cost you a packet. At last year's UK Investor Show the Country's top bears did a detailed presention on AIM darling Avanti Communications, one of the AIM companies most beloved by professional fund managers. Since that warning Avanti shares have collapsed by more than 90%. This year the bears have new targets.

AVN
AVN

Avanti Communications now just 18.75p to sell - but bonds tell you that it is still 100% too high! S&P alert.

I am still boondoggled by the way that Avanti Communications (AVN) managed to get a refinancing away. You will remember that the cash guzzling satellites business which misses every operational target going was set to run out of what little cash it had left. Amazingly it persuaded its bond holders to agree to accept stacks of interest on its bonds in new ( equally worthless) bonds. And it got the institutional mugs to sign up for more bonds.

Wray

What is the 1 share that Britain's Buffett says you must own? Find out ONLY on April 1

If you had to bet the ranch on one share listed in London what would it be? I guess most of us would go for a FTSE 100 stock: Tesco, GlaxoSmithKline or maybe Shell. For the man known as Britain's Buffett, Nigel Wray, the answer is not a blue chip but a small cap. For that is how Wray has made his fortune taking large stakes in smaller companies such as Domino's Pizza when no-one had heard of them. 

Wray

Nigel Wray & Tom Winnifrith: Join us on April 1 at UK Investor - our fifteen year party

It is now fifteen years since Nigel Wray & Tom Winnifrith started doing one day investor shows together. The first was in a snow covered Westminster now they celebrate a decade and a half of working together with what will be the most spectacular event yet. It will be the biggest with 121 companies exhibiting on the day. There is the strongest ever speaker line up and a raft of free prize draws as well as a gift worth £18 for everyone attending. So with 50% of the 2,500 tickets already reserved hurry up and grab yours today!

Bearcast

Tom Winnifrith Bearcast: Grinding Poverty & Shit Internet in Wales & How the Mitie are fallen ( or soon will be)

I could not sleep and found myself scouring the interweb for data on poverty and population for the town of Blaenavon where I visited a coal mine on Monday ( see HERE). I plan a major podcast on that when I am back in internet friendly civilisation, i.e. England. On the markets I look at Pearson (PSON), Nostra Terra (NTOG) and the idea that we are seeing a market blow-off. I dismiss one conspiracy theory about market makers then move on to Mitie (MTO) - Matt Earl is da King! - and then to Rosslyn Data (RDT).

New sessions at UK Investor with Tom Winnifrith on Cloudtag and David Lenigas on Africa and UK Oil - new ticket offer

We are delighted to announce that UK Investor Show will be running two new sessions covering two companies of massive investor interest. The show takes place on April 1 (no joke) in London and already boasts a top panel of keynote speakers including Britain's Buffett Nigel Wray, top fund manager Mark Slater, the Queen of Tech Vin Murria, the UK's top share blogger Paul Scott and the UK's oldest fund manager as well as top bears Lucian Miers, Matt Earl and from New York Gabriel Grego and the Sheriff of AIM, Tom Winnifrith.

AVN
AVN

Avanti Communications and its most supportive shareholder Mast Capital - er hang on?

Mast Capital the US hedge fund has been the biggest supporter of drowning in debt Avanti Communications (AVN), time and again doubling down on its disastrous investments. But have you noticed this?

MTO
MTO

The Dark Destroyer, Matt Earl warns Mitie shares to crash below 100p

Following yesterday's grim results from Mitie (MTO), the bear raider Matt Earl says that he went short at 210p last week and added to that short at 189p expecting the shares to halve or worse from here.

Bear

Video: TW, Evil Knievil, Lucian Miers, Matt Earl - the Bears Avanti special at UK Investor Show

And so the four bears wandered onto stage for the final presentation at UK Investor Show. We majored in on why Avanti Communications (AVN) was a 0p stock but we covered many other stocks besides. Enjoy

AVN
AVN

Avanti - keep selling

I note that Avanti’ Communicvations' (LSE:AVN) share price has fallen back since it was covered in detail by Tom, myself, Matt Earl and Evil at last week’s UK Investor Show.

End 2015 Performance Update: 2015 UK Investor Show bear calls & investor short positions

At the 18th April 2015 UK Investor Show, the top shorts of bears Evil Knievil, Lucian Miers, Matt Earl and Kevin Ashton were announced. As noted HERE, we're monitoring progress of those also having been identified as shorts by significant investment companies...

SGH
SGH

Christmas comes early - another Slater & Gordon profits warning - bankruptcy a cert for 2016

Thank you Santa for this early present. Aussie poltroons Slater & Gordon (SGH) have issued another profits warning with its UK businesses, notably those bought from Quenron (QPP), blamed. Bankruptcy in 2016 now looks a slam dunk cert.

Bear

Video: Tom Winnifrith, Lucian Miers, Matt Earl and Graham Neary 8 stocks going to Zero from Gold & Bears

This was one of the sparkiest sessions at Gold & Bears and I loved it. Each of myself, the bard of the Boleyn (Lucian Miers), the Dark Destroyer (Matt Earl) and Baby Bear (Graham Neary) selelected two stocks we thought were going to zero and explained why. They were: Fastjet (FJET), AO World (AO), Gulf Keystone (GKP), Slater & Gordon (SGH), Avanti Communications (AVN), Plus500 (PLUS), Tungsten (TUNG) and - bugger me - I can't remember Matt's other pick. Watch the video to find out, its a stormer.

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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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.

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

BREAKING: Gabriel Grego the Globo Destroyer – new speaker at Gold & Bears – get 1 of 25 free tickets today

Breaking news: We have a new speaker at Gold & Bears, Gabriel Grego the author of the report that exposed the Globo fraud is flying in from New York as a new headliner. This guy is good.

DIA
DIA

More dire shite from Dialight - “Strategic Review and Trading Update”...

Another doff of the cap to Matt Earl who recently reminded that shares in Dialight plc (DIA) were more expensive that you’d think HERE. A “Strategic Review and Trading Update” announcement from the company today currently sees the shares down approaching 15% at 570p…

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.

DIA
DIA

Dialight... more expensive than you think?

Dialight (DIA) has defied gravity of late. I wonder if buyers realise how expensive it likely is. Bloomberg consensus earnings expectations for full year 2015 are set at 21.7p per share. That would suggest DIA trades on a relatively pricey 32x this year's earnings. But it's likely no where near that cheap. 

Optimal Payments ... a gamble in China? A sure fire short bet

Matt Earl, the Dark Destroyer, posted this on hs own website two weeks ago. It is a compelling reason to short Optimal Payments (OPAY). It is not historic numbers but future earnings you should focus on. Matt writes: Pursuant to the latest crackdown (see below) by Chinese authorities on online gambling, I've sold short in OPAY the online and mobile payments processor

Optimal Payments – as it talks of FTSE-250 entrance, may there be troubles ahead?

Shares in online payments technology and services company Optimal Payments (OPAY) have responded positively to the acquisition of Skrill Group – announced in March and completed earlier this month. This has seen the currently AIM-listed company continuing to talk of intended FTSE-250 entrance, but may there be trouble ahead?

DIA
DIA

Dialight plc – “disappointed by the half year results”, so what now?

Having extensively warned on shares in Dialight plc (DIA) and most recently HERE, they crashed well below 500p on a 27th July interim results announcement, though have now recovered to around 550p. What’s the outlook now here?

Performance Update: 2015 UK Investor Show bear calls & investor short positions

At the 18th April 2015 UK Investor Show, the top shorts of bears Evil Knievil, Lucian Miers, Matt Earl and Kevin Ashton were announced. As noted HERE, we're monitoring progress of those also having been identified as shorts by significant investment companies...

Roulette

Tom Winnifrith BearCast Special - looking back to 2001 & the 2015 New Media Bubble

In this podcast I look back to my own experiences of the dotcom bubble of 2000-2001 you see I remember it well, the lunacy, the excess and how it all ended in 2001-2002. It ended in tears. My mind is drawn to this as I contemplate the New Media bubble of 2015 and signs that it too will end in tears. I refer to two excellent articles, one on Zero Hedge HERE and the other on this website by Matty Earl, the Dark Destroyer (HERE). Both offer real insight. And I then speculate on why New Media will blow up and on the wider ramifications.

Listen to the Bearcast:
Collapsing-Reactor

Apps, Apps, Apps, Apps ...

Each week I will typically see between three to six companies that are either looking to raise capital or that are on the road to raise their profile and expectantly their share price. No doubt I could see more but six is quite enough for me over a five day stretch. 
 
NEW
NEW

I did not go into journalism to see small PIs burned but to nail bad guys & I won’t change just to win New World popularity

That New World Oil & Gas (NEW) is an omnishambles is clear. Ben Turney has one route for going forward (see HERE) which has made him the hero of the LSE Asylum and the twitter lynch mob. I regard his actions as morally reprehensible but publish his articles anyway as I support free speech. But his case is both misleading and shocking in that it targets the very folk that I thought he, Brokerman Dan, Nigel Somerville, Malcolm Stacey and others who have written on this website wanted to protect – ordinary punters.

The bears not alone in a number of their 2015 UK Investor Show top short selections...

At the 18th April 2015 UK Investor Show, the top shorts of bears Evil Knievil, Lucian Miers, Matt Earl and Kevin Ashton were announced - watch the video HERE. As shown below (from the FCA's spreadsheet of short positions required to be disclosed to it), a number of their top selections have also been identified as shorts by significant investment companies. We'll monitor progress, but, as noted previously, investors may at least want to double check if they are on the other side of the trades...

Bear

Video: The Three Bears at Uk Investor - Evil Knievil, Lucian Miers and Matt Earl

The last minute intervention of free speech deniers and Nomad to POS Coms and Tungsten, Charles Stanley, deprived us of the great Kevin Ashton but the bear pit at UK Investor Show still went with a bang thanks to Lucian Miers, Matt Early, Evil Knievil and myself, Tom Winnifrith. Enjoy the video.

Tom

Fewer than 100 seats left (of 2000) for UK Investor on April 18 – book now

News of new speakers at the UK Investor Show including legendary fund manager Mark Slater has seen a surge in demand for seats for the show of the year on April 18. There are now fewer than 100 of the 2000 seats left for grabs so if you want to attend book your seat now at www.UKInvestorShow.com

Amanda-Van-Dyke

April 18, Westminster, The Investor show of the year 75% sold out – book your seats today!

The final gold tickets went last week. There are now fewer than 500 of the 2000 £12 investor class seats left for the show of the year and at current rates they will be gone within weeks so book your seats TODAY for UK Investor Show 2015 and here are 5 reasons why – you can book HERE.

Tungsten – A weedy Response is an open invitation to sell

After hours Tungsten (TUNG) responded to a dramatic fall in its share price with a statement that was so weedy that it almost makes me tempted to go short, something I have not done before. If this was aimed at getting punters to buy the shares it failed. CEO and AIM entrepreneur of the year 2014 (another reason to short) Edmund Truell still has serious questions to answer. 

Tungsten ... it's a small world part II

A principal reason why I have a bearish stance on Tungsten (TUNG) is down to the the forward curve for Bank of England (or for that matter that the FED or ECB) policy rate expectations.

NBU
NBU

Tungsten, Naibu & Afren – 3 big bear wins on the way

The disappearance of the Executive board at Naibu (NBU) will come as no surprise to those who follow my writings. It caused quite a stir in the investment community even making the front page of the FT

Tungsten... it's a small world

I've sold short in Tungsten (TUNG) at 208p and here's why. 

AHT
AHT

Ashtead... United Rentals downgrades appear ominous

Pursuant to a series of downgrades over recent months to United Rentals (URI US, market cap $8.7 billion), I shorted a little Ashtead (AHT) - with a market cap of £5.5 billion. After all, one would imagine that those closer to home know the score.

Darth-Vader

Tom Winnifrith: Will you support ShareProphets Investigative campaigns against AIM Fraud?

Last week we learned that the Bulletin Board jihadists had lied to Etihad airlines in order to persuade it not to advertise on this website. It joins Tesco, Waitrose, Hargreaves Lansdown and John Lewis in caving in to the free speech deniers. Speakers at UK Investor Show have also been pressured into pulling out by those who do not support a free press. We will not back down but ask for your support.

Wray

Book Now for the UK’s top Investor show – 50 speakers, 110 companies – one day, April 18

The UK Investor Show is the UK’s top investor show and takes place on April 18th in Westminster. To grab your ticket you can book now HERE. The keynote talks include:

VED
VED

Vedanta ... in for a penny

Vedanta (VED), with a market cap of £1,021 million, has fallen by some 68% since its 2014 peak, to 371p. In the twelve years or so since it floated, Vedanta shares have has been as high as near 3,000p but are now right back down to below the IPO price from 2003.

QPP
QPP

BREAKING: New UK Investor speaker announced: Kevin Ashton of Quindell fame

Kevin Ashton was the analyst at Canaccord tasked with covering Quindell. When he handed in a note refusing to say buy or set a price target Rob Terry told Canaccord it would be fired as joint broker if it published it. So Ashston was fired. He is a feared analyst with a forensic mind and great integrity and he will now be speaking at the UK Investor show on April 18.

Mirada – another small delay in contract, directors BOTD, follow them

This is a pain in the neck. But view it as an opportunity. Mirada (MIRA) says that the major contract announced on May 19 and first scheduled for delivery in December will now not launch in January as planned but next month. 

Ocado ... Obfuscation warns the Dark Destroyer

You can sometimes tell more from what a company doesn't tell you than what it does. Take for example, Ocado's (OCDO) -  market cap £2.4 billion -  trading update for the Christmas 2014 period, released this morning.  

MTO
MTO

My Mitie concerns

I received a call from the Varlet on Monday last, enquiring about Mitie (MTO), the facilities, property and energy services provider. Mitie is capitalised at close to £1 billion. Varlet quizzed me on whether I reckon it worthy of a short sale.

DIA
DIA

Dialight ... here we go again?

I reckon Dialight (DIA) is a grossly overvalued business. All I see is a business capitalised at £255 million, with little in the way of IP, and a dismal record of free cash flow generation. For example, on my calculations it achieved a free cash outflow of £4.6 million in 2013, as compared to a paltry free cash inflow of £2.5 million in 2012. 

QPP
QPP

Tom Winnifrith, talking Death Threats, Red Flags, Forensic Accounting, Quindell & More at UK Investor on April 18

Quindell is unravelling at a rate of knots. Once the biggest stock on AIM probably will not exist by the time of UK Investor on April 18 2015. And the man who exposed the lies and fraud was Tom Winnifrith. For his efforts he received bullying lawyers letters from Quindell and death threats from its shareholders. And that has spurred a special new session at UK Investor 2015.

Christmas-Stripper

The ShareProphets Christmas Charity Single…Feed the Morons

Tomorrow I will be calling rock stars from across the bear community as we need to think of those less fortunate than ourselves. It is time to record our charity single… Feed the Morons. The message has gone out to Gotham City, Evil Knievil, Paul Scott, Lucian Miers, Paddington Bear, Matt Earl, John Hempton of Bronte, Sam Antar, Muddy Waters, Citron Research, Nigel Somerville, A Huntsman, Dan McCrum, Paul Murphy, Pizza hardman Darren Atwater, Cockney Rebel and Kevin Ashton. We gather tomorrow in Clerkenwell to raise money for those facing a bleak Christmas, Quindell staff and shareholders as we record Feed the MoronsDo they know it’s Christmas?.

AVN
AVN

Am I the only remaining bear in Avanti?

One of the big market mysteries of the last couple of months has now been solved. Why has the price of Avanti Communications (AVN) being going steadily upwards despite results that appear to confirm the worst fears of the bears? Why has the astute hedge fund Ennismore been reducing its short position?  Why has Avanti uber bear Mathew Earl – The Dark Destroyer -  gone strangely silent as the share price has ticked relentlessly North?

Bear

Reader Poll Results – which of the Bear Portfolio stocks will crash most by Christmas

At the weekend we updated the ShareProphets Bear Portfolio compiled by myself, Matt Earl, Lucian Miers and Evil Knievil. So far our average sell is down by 18.2% in just over three months. Better days lie ahead. But which of the ten stocks we expect to slump do readers think will crash most by Christmas. You said:

Evil

Reader Poll – which of the 10 stocks in the Bear Portfolio will crash most by Christmas

So far the bear portfolio of Matt Earl (the Dark Destroyer), Evil Knievil (the fat man), Lucian Miers (the Bard of the Boleyn) and Tom Winnifrith (the Sheriff of AIM) is down by an average of 18.2%. Today one stock leaves the portfolio (New World) having duly collapsed and in its stead goes African Mining (AMI) which will collapse. But which of our 10 shorts do you think will slump most by Christmas. The deadline for voting is midnight tonight as things are moving rapidly with at least one constituent.

AMI
AMI

The Matt Earl, Evil Knievil, Lucian Miers, Tom Winnifrith Summer Bear Portfolio revisited and updated view

Back in the summer, July 9, the 4 Bears sat down and compiled our top ten shorts for the summer. There has been one disaster – Concha (CHA) – but despite that an average loss (gain for us) of 18.2% per short is not bad. So where do we stand now?

NBU
NBU

The Top 10 Shorts for the summer reviewed – Naibu leads the way

A month ago myself, Evil Knievil, Lucian Miers and Matt Earl (the Dark Destroyer) agreed on a sort of joint top ten UK stocks to short for the summer. Since then the FTSE 100 has fallen by 8%.  As you can see below our average fall is 10.51% so we are doing okay so far. Only two of the ten are up. 

NBU
NBU

Naibu – a Poem by MP Earl, aged a bit more than 17 ¾

With a hat tip to EJ Thribb from Private Eye, Matt Earl, the Dark Destroyer, has penned a poem in honour of joke China AIM company Naibu (NBU)after its comedy statement of today. It reads:

GBO
GBO

Globo plc – cash flow & balance sheet concerns remain

Shares in Globo plc (GBO) currently trade higher, at more than 50p, today on the back of an update reporting “a strong financial performance in the first half of 2014, ahead of market expectations” and that “we remain confident about our future prospects”. However, what about decisive cash generation?

  • 2993 days ago
Bear

Reader Poll: How do you view short sellers & Bear raiders

I have expressed my views clearly. Folks like Evil Knievil, Lucian Miers, Matt Earl, short sellers or bear raiders – do a very useful job for society in weeding out companies which might otherwise cause capital to be misallocated. I am a fan as you can see HERE.  But do you agree?

Bear

The ShareProphets top 10 Stocks to Short – Reader Poll on next to Slump Results

Two weeks ago Evil Knievil, Matt Earl, Lucian Miers and I served up our top ten stocks to short this summer and why – HERE. Avanti Communications (AVN) has already done the decent thing and issued a profits warning. We asked our readers at the weekend to vote on which of the ten would be next And the results are:

Bear

Director purchases and sometimes lazy longs ...The Dark Destroyer warns you

Long and wrong shareholders in Quindell (QPP), Avanti Communications (AVN) and Globo (GBO) please take note of this warning amd case study from the Dark Destroyer Matt Earl. Matt Writes: A common misconception used by longs against short sellers is that a short argument can be negated by the fact that a shorted company's management may have bought stock (typically subsequent to a short attack). This is not always so and can be a dangerous (and lazy) assumption. One of many instances where it proved a mistake is in the case of Connaught (CNT). 

Ben Edelman

25 UK Investor Show Tickets – 40% Discount Offer

We have 25 tickets for the UK’s top one day investor show on offer at a 40% discount  for ShareProphets readers – that is either gold (normally £60) or investor class (normally £12) tickets. The show is of course UK Investor Show 2015 on April 18 in Westminster. And you need to book TODAY.

GBO
GBO

Back to Globo and Matt Earl – are the accounts all Greek to you?

Last week the Dark Destroyer Matt Earl produced what he termed a “devastating” analysis of accounting at Globo (GBO) – you can see it HERE. A Bulletin Board poster has at the bottom of that article served up what he termed a “devastating” response to the DD. Now Matt hits back. It is all Greek to me (TW) but Matt writes: 

Bear

Reader Poll – Which will be the next High Profile share price collapse from the Top 10 Shorts

Ten days ago, Lucian Miers, Matt Earl (The Dark Destroyer), Evil Knievil and I served up our top ten shorts in London. One of them, Avanti Communications (AVN), has already done the decent thing and

GBO
GBO

Globo – Uh, Oh….

It is no secret that I am not a fan of Globo (GBO) – perhaps I shall have to treck up from the Mani to Athens for another visit. I sense things are getting exciting. For the bears.

Bear

Evil Knievil, Lucian Miers, Matt Earl and Tom Winnifrith – the top 10 stocks in London to short for summer

Anyone who was at UK Investor 2014 knows that the Bears session (HERE) saw some great calls. And so ahead of a long sweaty summer I asked Evil Knievil, Matt Earl (The Dark Destroyer) and Lucian Miers for their top 5 shorts of the summer and for good measure I add in my own. Between us we have thus compiled the top ten stocks to short in London!

ASW
ASW

Vin Murria leads the tech stars on video – watch her sparkle!

Vin Murria of Advanced Computer Software (ASW) is rightly regarded as the Queen of UK Tech and headed up the all star panel in our tech session at UK Investor 2014. Listen to her sage words before you consider investing in the next loss making, high flying, tech IPO. She is on blistering form in this video.

Bear

Watch Evil Knievil, Matt Earl and Lucian Miers on video at the UK Investor Show 2014 – how right they were

You may not like short sellers but the bear raider panel at the UK Investor Show 2014 called things right on a range of stocks from blinkx (BLNX), to Globo (GBO), to Quindell (QPP) as you can see in the video below. Evil Knievil, Lucian Miers and Matt Earl (The Dark Destroyer) have all promised to return for another main stage masterclass at UK Investor Show 2015 on April 18.

Gold

Mining Guru & City Goddess Amanda Van Dyke in Video Action – Less than 72 hours to get cheap tickets to see her in 2015

Mining guru Amanda Van Dyke is one of the 35 BIG name speakers already signed up for the 2015 UK Investor Show on April 18 in Westminster – if you have forgotten her 2014 tour de force appearance it can be found below. Among the other 50 investment superstars speaking are Ed Croft of Stockopedia, Nigel Wray, Vin Murria, Mark Slater, Ben Edelman, Tom Winnifrith, Brokerman Dan, Matt Earl, Lucian Miers, Evil Knievil and Dominic Frisby. Buy your ticket before midnight on Monday and you can do so at a 50% discount.

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 - they exclude the Sheriff of AIM from AGM Video

I showed my Contract Note. Quindell (QPP) knows that I am a shareholder but they would not let me in. The shares are in a nominee account. PR Bird Foxy Bex was there and she knew it was all kosher. They had a shareholder register with me on it. They could have let me in but did not. Why cannot Rob Terry face tough questions?

AVN
AVN

The Battle of the Bombasts on Avanti Communications: Evil Knievil vs. David Williams

There is little doubt that the two most bombastic men in the City are Avanti Communications (AVN) CEO David Williams and bear raider Evil Knievil.  The battle continues as we can reveal exclusively.

Adam Reynolds

Adam Reynolds, the Company Rescuer, Speaker No. 28 at UK Investor Show 2015

Following the mammoth success of UK Investor Show 2014 we are moving into overdrive for the 2015 show on April 18 and one new feature will be a series of 14 one hour masterclasses with an audience limited to 80 – we are taking on an additional floor in Westminster.

AVN
AVN

Avanti Quarterlies: When is the next fund raise & what is the real debt? Matt Earl kicks off

Bear raider Matt Earl, the “dark destroyer”, has added to his Avanti short this morning. He reckons that debt today is materially higher than that stated as at 31st March and that a rescue refinancing is “a strong possibility” this year. Earl says that “Gravity may be about to kick in.” 

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