Cue a rant on teachers and other public sector workers! I then discuss ADVFN (AFN); Mkango Resources (MKA); Parsley Box (MEAL); McColls (MCLS); Sensyne (SENS); Petropavlovsk (POG); and Vast Resources (VAST). Then, I look in detail at Nightcap (NGHT) and AO World (AO.)
This has been the most stressful day in Greece for a long while; I really do need a holiday. I explain all. Then I look at Sensyne (SENS); Chill Brands (FRAUD); Blue Star Capital (BLU) and an AGM shock that may trigger the collapse of the Bixby, Edwards, Frangos, Story and Peter Wall house of cards. Then it is onto Canadian Overseas Petroleum (COPL), where today's placing vindicates me. I argue that a 20.75p share price is a compelling shorting opportunity on a risk-reward basis. Matthew and his dog will enjoy that section, as Arthur Millholland, the snake oil salesman at Canadian, really is talking shite in today's release. I am so angry.
I start with news of flooding at the Welsh Hovel, and end with a reminder of podcasting schedules as I head to the Greek hovel. Then, I apologise to Peter Brailey as I cover: Simec Atlantic (SAE); Kefi (KEFI); Ince (INCE); Arden (ARDN); Cellular Goods (CBX); Chill Brands (FRAUD); Gatemore fund managers and Sensyne (SENS); Mark Slater and the folly of attempting corporate regime change; and Audioboom (BOOM).
I start with football and a question from last night’s West Ham game, concerning how society now views crime and criminals. Then onto the lessons from the collapse of Sensyne (SENS), the bastard child of Neil Woodford and sleazy Lord Drayson. Finally, I look at: Canadian Overseas Petroleum (COPL); Bidstack (BIDS); Angus Energy (ANGS); Sound Oil (SOU); the odd case of NFT Investments (NFT); and the Bixby/Edwards/ Frangos/Storey/Peter Wall gang.
Sleazy Labour peer, Lord Drayson, pocketed an £850,000 bonus for floating Sensyne (SENS) at 175p, despite promising the Nomad he would not be so greedy. Now, three and a half years later, it has all gone horribly Pete Tong. So, will he hand the cash back, as those who backed the IPO prepare to lose, more or less, everything? Today, Drayson has got the order of the boot, and, to survive, shareholders face dilution to high heaven, while the shares will be slung off AIM.
I start by discussing Eurasia Mining (EUA), its CPR on its nickel assets and Range Resources (RRL) and a similar exercise undertaken by Pirate Pete Landau. Then I look at Omega Diagnostics (ODX), at the piece I penned earlier inspired by Luke Johnson, HERE, and finally at Sensyne (SENS) and what happens next.
He took an £850,000 bonus for staging the AIM IPO of Sensyne (SENS) even though he had promised his Nomad which had then assured institutional investors, that he would not. Then Lord Drayson used more company funds to pay off a whistleblower. This man, enobled by the war criminal Sir Tony Blair after, in a wholly unrelated way, donating vast sums to New Labour, is a festering wart on the backside of the corporate world. One hopes that a cash crisis will deal with this wart once and for all. Natch I have been a bear of this stock all along, unlike hedgie Matthew Scarborough of Gatemore who did his darndest to get me to pump this stock days before the scale of the current crisis started to become apparent.
Hold the Boxing Day leftovers Dinner! I have the result of this year’s ShareProphets Red Flags at Night Christmas Sweepstakes – the question was how many dodgy company announcements would be offered up to the market on the no-one-is-watching day of Christmas Eve and this year’s competition was a nail-biter. Worse still, I nearly won – which would never do. We had predictions ranging from as low as 2 (although to be fair it was dripping in cynicism on the grounds that RNS is so “old hat”) from Jules2k6 up to 24 from BlueFrewExile. Here is my summary.
It is not just sleazy Tory Lords that this website finds unacceptable, and I am not finished with cash for questions scumbag, the Earl of Shrewsbury yet. On the other side of the house sits Lord Drayson, a man enobled by the war criminal Blair and, by pure coincidence, a generous donor the the Labour party. Drayson founded and is CEO of Sensyne (SENS). And today there is another kick in the gonads for his shareholders.
I discuss today’s US elections, what will happen and what it means. Suffice to say Let’s Go Brandon! Then I look in detail at the forthcoming IPO of ProCook Group Limited which you can access on Primary Bid HERE. I would not. I also look at Kefi (Kefi), Sensyne (SENS) and Berkeley Energia (BKY). There is more on Let’s Go Brandon and on US politics in a podcast special on my own website HERE
Scumbag Labour Lord Drayson has today stated that the market fails to value his Sensyne (SENS) company and that as a result the company is enterimg a formal sales process as he tries to secure funding. So why might the market “undervalue” this company? Take your pick from these reasons.
Tomorrow, I shall tell you about a young man in despair, naming no names but what it says about this country. Today, I look at Powerhouse Energy (PHE) options and warrants, Zoltav Resources (ZOL), Sensyne (SENS), Supply@ME Capital (SYME), Parsley Box (MEAL), Deepverge (DVRG) and Chill Brands (CHLL).
On 17 September a chap called Matthew Scarborough subscribed to ShareProphets and at once sent us an email saying that he had an article he had drafted and wondered who he might submit it to for consideration. Hell: he might have had something interesting to say, some fraud to bust, so I suggested sending it to me. I had no idea who Mr Scarborough was. That could wait until I saw the piece.
I discuss two developments at the Welsh Hovel. There is great news HERE but also a bit of a disaster which could have been fatal for the cats and bad for me. Then I look at backing proven failures or chaps who wave red flags mentioning Sensyne (SENS), Nigel Wray, me and a few others. That leads me on to the wall of silence from Central Copper Resources about its AIM IPO and me explaining what is really going on, notably at broker Brandon Hill. Finally I look at today’s news from Skinbiotherapeutics (SBTX) and where, as a result, I expect its shares to be at Christmas.
I start with the reason for no bearcast yesterday, Joshua and I heading to an empty house in Shipston. Then today’s Advent calendar window which confuses me. Then onto Nakama (NAK), Red Rock Resources (RRR), Wishbone (WSBN) which could be a 100 bagger – see HERE - Monday’s fraud conference which is definitely my last outing as a speaker – Anglesey Mining (AYM) and finally why at every level, including valuation, Sensyne (SENS) is a complete and utter stinker.
A “settles employment tribunal claim” announcement from “clinical AI technology company”, Sensyne Health (SENS) including “as previously announced, Lorimer Headley, left the Board and the business on 2 March 2020. He made allegations against the CEO, Lord Drayson. The Board arranged for these allegations to be investigated by an independent law firm and they found that the allegations were not supported by the evidence”. So a favourable settlement for Lord Drayson and Sensyne then, surely?…
I start with a row I had with the Mrs on Brexit. It is pertinent to what follows so bear with me No Gold. I then move on to a different sort of socialist to the Mrs, my grandfather Sir John Winnifrith and his comrade in arms Tony Benn, that is to say Lord Drayson of Sensyne (SENS) where revelations yesterday were shocking. Oh, and that poltroon Neil Woodford is involved too.
AIM-listed Sensyne Health (SENS) was spun out of Drayson Technologies and joined the Casino last August, raising £60 million in the process and has just published its first set of accounts as a listed company. No doubt Neil Woodford will have enjoyed the market response as the shares put on 7% (Woodford holds 20%), although not enough to extinguish his pain at Utilitywise (UTW) as the latter announced the dreaded “strategic review”. I doubt he will have enjoyed Sensyne’s ride as a plc either, as the IPO was at 175p per share and even after this rise the shares are 167p. Hardly a cracking endorsement! So what does Sensyne do? Well, it is – of course – disrupting its world! According to Woodford:
In today's podcast there are repeated references to Cheryl Cole as I discuss Utilitywise (UTW), Sensyne Health (SENS), Neil "smug bastard" Woodford, Flybe (FLYB), Eqtec (EQT), Phontonstar Led (PSL), Active Energy (AEG) and Altona Resources (ANR)
Turning to my third, and the most recent, quoted constituent of Woodford Patient Capital Trust (WPCT) this weekend, I thought I should give a warm welcome to Sensyne Health (SENS) that joined AIM on Friday at a very nice valuation indeed. It’s good to see that the words ‘healthtech’ and ‘AI’ are able to suck in as much dumb money from the markets these days as the word ‘blockchain’!