5 days ago
I do not write this in defence of paedophiles for there can be no defence of these sick individuals. Nor am I defending one particular paedophile, John Frensham, formerly known as Jonathan James Hunt, the sole director of Frensham Wealth Limited. In March 2017, Mr Frensham was convicted of attempting to meet a child following sexual grooming. Mr Frensham was sentenced to 22 months’ imprisonment, suspended for 18 months. My first observation is which dipstick, Guardian reading, wet liberal judge handed out such a light sentence?
9 days ago
Schroder UK Public Private Trust (SUPP) – formerly Neil Woodford’s Patient Capital Trust (WPCT) – slipped out a new but unaudited net asset value statement yesterday at 3.32pm and it was shocking: it wiped another 20% off the previously stated NAV to bring the official figure down to just 35.01p per share. That, against the fantasy 89.07p when the flagship Woodford fund, Woodford Equity Income, was gated on 3 June 2019.
14 days ago
Link seems to have a habit of shooting itself in the foot at the former Woodford Equity Income Fund as it prepares to defend itself against a legal onslaught from Harcus Parker on behalf of 6,500 folks whose investments were mis-managed into the ground by Neil Woodford, overseen by Link acting as authorised corporate director (ACD). Most recently, it has announced that it has invested some of the fund’s cash into a company called Mafic and the mainstream media has been having a field day as cash supposedly due to be handed out to beleaguered Woodford investors has headed in the opposite direction.
14 days ago
It seems that Neil Woodford and his side-kick Craig Newman are being somewhat tardy in filing the latest set of accounts for Woodford Investment Management for the year to March 2020 at Companies House, for they were due by 31 March and are now marked as late. What are they hiding?
20 days ago
I start with Boris and the blonde and what it says about double standards for the public sector (our servants) and the private sector. My big political scoop of the day, BTW, is HERE. Then I discuss procrastinating ahead of a Woodlarks training walk. The weather is foul here in Wales but off I go so as you listen, think of my suffering and donate HERE. Then it is onto Hargreaves Lansdowne (HL), poodle journalists, Link and Neil Woodford.
25 days ago
I ask you to review the following three statements from Neil Woodford poster-dog Rutherford Health (RUTH) formerly known as Proton Partners and tell me why I should not view the managers as scumbags with an issue in the investor transparency department.
27 days ago
I think last night saw more phone harassment but maybe it was just pocket calls. Anyhow, I have spent some time chatting to North Wales Police about comrade Seth Freedman and the Zoetic (ZOE) inspired menacing phone calls of last month. They are taking it seriously. In the podcast, I discuss this plus the news that Hargreaves (HL) may be sued over Neil Woodford and the myth that there is a short position in small and mid caps to be squeezed.
30 days ago
AIM-listed former Neil Woodford favourite has released its FY20 results. The company makes great hay of the fact that it beat twice raised expectations, which is all very well, but it still racked up a pre-tax loss of £2.4 million. The bigger question for me is what happens when the high street finally reopens – assuming any bricks-and-mortar outfits are left.
33 days ago
Neil Woodford’s shambolic Patient Capital Trust (WPCT) – now Schroder UK Public Private Trust (SUPP) after Woodford’s disgrace – has announced the completion of an asset sale to bring in £52.9 million. In theory this is good news, but since the original sale was announced as being at a 19% discount and the vast majority of the cash is being used to part-pay the bank there really isn’t much to celebrate for shareholders.
36 days ago
Why does anyone still use Hargreaves Lansdowne (HL) of Neil Woodford infamy? Its latest customer screw is for shareholders in Hammerson (HMSO).
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