I explain why and about a bit of a mishap as I left Wales. The it is onto musicMagpie (MMAG) after this piece earlier, Parsley Box (MEAL), Chill Brands (FRAUD), Online Blockchain (OBC), TrustPilot (TRST) and Knights Group (KGH). After my enforced training walk thismorning you can donate to Rogue Bloggers for Woodlarks HERE on the news of our new star walker.
In today’s podcast, I reflect on yesterday’s family meal in Shipston, then look at Central Copper Resources and Red Rock Resources (RRR), folks may believe in Santa but do they still believe in Andrew Bell? Then I consider Tern (TERN), PCF Group (PCF) and the fraud Supply@ME Capital (SYME) and I urge you to enter Nigel’s sweepstake HERE before midnight. Finally I have along look at Vast Resources (VAST).
I have spent the past day sorting out books and furniture at my late father’s house and reflect on that. Then I discuss Hurricane Energy (HUR) and why I am not selling my shares in MyHealthChecked (MHC) yet, and why they will pass through 10p fairly soon.
It is my late father’s birthday, something I consider HERE. He used to love Bearcasts, especially when I was rude about folks he disliked and I am sure Green Baroness Jenny Jones would have been in that category and I know Boris Johnson was. So I discuss Dad as I head to Shipston tomorrow to bring his books and possessions up to Wales on Wednesday. Then I look at today’s insane covid news and what it means for all of us.
I start with a joke about Lord George Young and the late Jimmy Savile prompted by a discovery my sister made today in Shipston. Then I look at IQE (IQE), Cineworld (CINE) and the scandal that is the David Beckham linked pot IPO.
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.
I ponder this grave question after considering the illogical hateful restrictions we face in Shipston next week. In another podcast, I raise the possibility that Donald Trump might win on November 3 because of factors the deadwood press and BBC opt to ignore. All is explained HERE. Then I discuss three sets of builders here at the Welsh Hovel who must be starting to dislike me. Then it is onto Centamin (CEY), Bidstack (BIDS) and Network International (NETW) – a £1.5 billion short?
My father died at 8.22 AM on Monday and I discuss that. Then Supply@ME Capital (SYME), Eurasia Mining (EUA), Pensana Rare Earths (PRE) and market frothiness.
I start with a few personal thoughts as I sit here with my father. Thank you for your kind words and prayers. Then I deal with the idea that ShareProphets and I run a shorting gang. It is libellous tosh. Then to the US election. I am almost ready to call both the Senate and the Presidency for the Dems. I called the House that way eons ago. I say almost and then discuss what that means for you and me.
If the title is not immediately clear as to why it is relevant, listen to the podcast and it soon will be.
Coming to you from Shipston, I discuss Andy Hornby and why he is a posterboy for the unacceptable face of capitalism at the Restaurant Group (RTN) and also the news from Cineworld (CINE) – told y’all! As the shares are set for a Monday crash, I discuss the systemic failure of the media to understand the issue at hand and especially the guilt of the Sunday Times in losing folks’ money.
I am in Shipston with my father and start by discussing how I deal with phone calls here. I look at another crazy Covid story and then at Versarien (VRS), Amigo (AMGO), Vela (VELA), Falanx (FLX), Cineworld (CINE) and at a clever arb for fools like Zak Mir who believe in Supply@ME Capital (SYME), that leading enterprise from the province of Norfolk.
I am in a bit of a rush as I prepare to head to Shipston on family business. But first I have to enjoy filling skips, making jam and gin and emptying the kitchen. Then I answer Malcolm’s question on target prices with reference to two companies you know well. Then it is onto the assumption made by dim Tories like Lucy Allan MP about how all members of certain industries would thrive without lockdown. I know the industry she refers to better than anyone and she’s talking horse. The same madness is demonstrated with the way the dim Tories chuck cash at Versarien (VRS), the folly of which I expose again today HERE.
Dan Levi makes grave charges about Peter Brailey today but has no proof. Peter says he will swear on oath the accusations are false so how on earth can I sack him? I am off to Shipston today clutching a DNA test kit but before going, I will leave you with some words on Dev Clever (DEV), Urban Exposure (UEX), Eurasia Mining (EUA), Kefi (KEFI) and Red Rock Resources (RRR) where I hope Andrew Bell appreciates the literary imagery.
It is a father and son effort today from Shipston. On the agenda: Verditek (VDTK), Xtract Resources (XTR), and IQE (IQE).
A brief and early bearcast today, as I am heading off to Shipston to see my dad and with reference to the sterling price of gold, I have to explain why he is not quite as clever as he thinks. Then it is off to near the Coronavirus hotspot of Leicester to buy an antique wood burning stove. What exciting lives Joshua and I lead. I discuss where next for gold and why companies with no proven resource can be a play on gold & silver prices but are really just a gamble. I cite Alien Metals (UFO) as a case study. What a terrible dog. Then it is onto Mahmud Kamani, Boohoo.com (BOO), the slave labour allegations and today’s news. I read it as bad for the bears and good for Mahmud.
In today's podcast brought to you from Shipston I look at the oil price and what it means for a range of oil shares from the majors down to shitty little oil explorers on AIM. I then return to the coronavirus ex oil and with especial reference to Telit (TCM), Cineworld (CINE) and The Restaurant Group (RTN).. Finally I look at the proposed comeback of disgraced Neil Woodford.
I am indeed with my father in Shipston this morning and even he has noticed that he is not quite as rich as he was two weeks ago. Shiuld we pamic about our holdings? On balance I am not suggesting that you do but certain stocks do look very vulnerable. Surely profits warnings from Telit (TCM), IQE (IQE) and Carnival (CCL) are in the pipeline. Then there is the issue of companies such as Bidstack (BIDS) which need placings urgently. Just how possible is that going to be in the current climate. Then to Sirius (SXX). The Sunday papers seem to think that sh\areholders may well reject the Anglo bid and so lose everything. I discuss this looming calamity, who is to blame and what the impact localised and more widely will be.
Excuse the late Bearcast but my journey back from my father's in Shipston in the snow covered Cotswolds was long and eventful as I discuss in this podcast. In a valley on the Road between Stow and Cheltenham I took part in and saw the best of selfless Britishness, folks acting with a true Christmas spirit. And also the worst, in spades. The photos give some idea of the scene as I explain what went on. Normal service resumes tomorrow.
If you forgive me I start with long conversations with my father about World War Two and the early fifties, his father, his mother's godfather's son (hanged as a Nazi) and other matters all prompted by watching an episode of Foyle's war last night. You need to have these chats while you still can and I thought they were interesting. We move on to why my father thinks he is Shipston's Buffett - yes the UK residential property bubble and we see yet more signs of utter madness from the FCA on this score. Martin Fagan, all those years ago, you were bang on the money.
I am with my father and he enjoys being part of bearcast so here is another one off. We start on the use of language and its misuse something which Dad and I talk about a lot. Thus there was Theresa May referring to THE cricket. And a fellow Tory MP who used a word she really should not have used in a phrase with a clear meaning. many said the phrase was racist. It was not it is the word that is, rightly, just not acceptable. That brings me to Sound Energy (SOU), Amur Minerals (AMC), MySquar (MYSQ) and Bagir (BAGR). I leave Shipston tonight so no more father and son bearcasts, regular podcasts will be back in September.
Here I am in Shipston with my father who enjoys bearcasts if they mention him so just for that reason I record again. His faux political correctness is exposed by the issue of coverage of women's cricket in The Guardian - the dreadful newspaper he has delivered to try to fool my family of public sector "working" lefties that he is one of them. In terms of the market I look at Carillion (CLLN) and 88 Energy (88E). Shares in both companies are collapsing today and I look at why and at what lessons folks should be learning. You could so easily have avoided losing money on both. Please note Malcolm Stacey and other Ocado (OCDO) bulls, lesson one on Carillion is for you. I also make it clear that while he may have some of the attributes of a Bulletin Board Moron as he showed HERE, Evil Knievil is not, in fact, a BBM, I was just joshing him when I suggested otherwise. En passant I look at MySquar (MYSQ) and explain why today's exposes HERE and HERE may refer to events a long time ago but are pertinent.
There seems to be a lot happening and as a result this bearcast comes to you from Shipston. I will head back to London later tonight and hope to see you all at UK Investor Show tomorrow. Pro tem I comment on Corero (CNS), Minoan (MIN), Amryt (AMYT) and Wishbone (WSBN) - we own the last two on that list and are very happy to do so. I also comment on allegations made elsewhere by the "share blogger of the year."
It seems as if my father has drunk all the ouzo. Who can blame him? But how will I celebrate if the fraud Cloudtag (CTAG) is booted off AIM today? Join in the fun with our Cloudtag termination clock HERE. Elsewhere I look at Bowleven (BLVN), gosh I loathe its management team, Advanced Oncotherapy (AVO), also run by tossers, and Strategic Equity Capital (SEC).
For reasons explained year and all down to that snot gobbling bastard Bill Gates I have been offline for most of the weekend. So this bearcast was recorded on Saturday when, smarting from the defeat of the Old Country, I was minded to fire Nigel Somerville. Moving on from that I discuss inter alia: why London's most expensive clown at Fladgate needs to be put to the sword by ourselves and how we deal with unprincipled lawyers. I also covered a couple of other things but after a frantic 24 hours in Shipston I cannot, for the life of me remember what they were.
City slicker Mark Lyttleton of BlackRock is behind bars this Christmas. But not for long enough. How he sinned tells us how bent the whole City is and the joke sentence shows that white collar crime really does pay. This podcast is recorded in Shipston with my father listening. As a stern lefty he would imprison all fund managers not just the crooked ones,
Each day until New Year's Day, we a showing a photo taken through the window of a ShareProphets reader. Today's snap by a Mr Tom W., a longtime fan of the site, with a picture out the back window of his father's house in Shipston.
In today's bearcast recorded with my father as the audience, here in Shipston, I start with the Autumn Statement which gets 0/10 from me. Then it is onto Sound Energy (SOU) and the issue of fund manager due diligence. Then Optibiotix (OPTI), FastJet (FJET), Mkango (MKA), African Potash (AFPO), Countrywide (CWD) and the global real estate asset class - yes a Manhattan penthouse and a terraced home in a grim Northern welfare safari slum are related!. Finally a few words about Paternoster Resources (PRS) and as a related issue New World Oil & Gas (NEW).
I record this podcast from Shipston where I have just rowed with my sister about A Levels and grade inflation which she denies in her Public Sector Ministry of Truth way. Then it is onto the US election, the outcomes and what that means. I am afraid that after last night I have a bad feeling. Then it is onto MXC Capital (MXCP), Redcentric (RCN) and Mosman Oil & Gas (MSMN) where in America there would now be class actions underway. Quite right too.
Great news - may father is back home from hospital so I head back up to Warwickshire in a couple of days. Thereafter between him and the Mrs entering the final month it will be less of me, Steve Moore is in charge. Bash him if anything goes wrong. In today's podcast I look at City of London (CIN), IGAS (IGAS), XCite Energy (XEL), Wishbone Gold (WSBN), Nyota (NYO) and West African Minerals (WAFM).
Oakley and I are bracing ourselves for the arrival of the mother in law. Wish us luck. At least I can flee to Shipston tomorrow, my poor cat is trapped with his Pokemon. Then I look at Avanti Communications (AVN) where the shares are surging on the back of an FT report - is this bogus? I look at Messaging International (MES) where I am not interested even after the fall, Magnolia Petroleum (MAGP) and a sector read across from the dire news earlier (HERE), Scotgold (SGZ), Johnston Press (JPR) and then do some detailed maths on African Potash (AFPO) and the loan from the FD's wife which could kill it stone dead on September 1.
I am at my father's house in Shipston for my step mother's funeral. Their garden is magnificent and it is a wonderful day in this pretty Warwickshire town. Ahead of that I have a few words on the latest bullish offering from Malcolm Stacey - HERE. Malcolm is just plain wrong.
I start by looking at the collapse of Crowdmix and how it so remoinds me of 2001 and what is says about the tech bubble, someting that is very much on my mind right now, as you can see HERE. Then I look forward to tomorrow in Shipston but more imprtantly to the demise, later today, of Worthington (WRN). I cover Ariana Resources (AAU) where I am cross and puzzled, Advanced Oncotherapy (AVO) - how is the placing going Belfort? - Weatherley (WTI) and Ferrum Crescent (FCR)
I had the weirdest of phone calls on Friday from a chap who insists that as a bear of Avanti Communications (AVN) I have got it wrong. I have spoken about his thesis to Lucian and having thought about it over lunch at the White Bear having run the gauntlet of Shipston's Bulgarian Big Issue seller, I am more sure than before that I am not wrong to remain bearish. I discuss the bull vs bear debate giving both sides of the argument and my conclusion.
Yes once again I record with my father listening as he takes a rare break from crowing about his investment skills thanks to him owning a house. In this podcast I cover the real - and falling value of shells. Folks are just deluded if they think they are worth £500,000 even if utterly clean. Then I look at a few lessons from Peer TV (PTV) where fraud took place and I also cover Servision (SEV) once again with a warning that I have more. Those of a sensitive left wing disposition may be offended by a few jokes at the expense of my father and step mother.
I am sitting here with my father in Shipston. We have just had a long argument about the deaths of Cranmer, Latimer & Ridley. Naturally we both insisted we had the facts right. I am now 1p better off as I was right. My father has gone to the White Bear early in protest. Back to the podcast, I start with US base rates and why the UK will follow and what that means (house price crash, bad for certain equities). Then it is the AIM disgrace of the day Concha (CHA), onto Afriag (AFRI), Inspirit (INSP), Ultimate Sports (USG), Fastjet (FJET), and the shocker of a July IPO Adgorithms (ADGO). It is another day of shame for AIM.
I am in Shipston with my father who has just won a premium bond. I discuss this ahead of spending it in the White Bear. Also how I deal with charities who call him. Then it is onto David Lenigas at the start with Lenigas Cuba (CUBA) and at the end with Rare Earth Minerals (REM). In between I look at Velox3 (VLOX), Juridica (JIL), Oilex (OEX), Phorm (PHRM), JQW (FRAUD), my anger at Reach4Entertainment (R4E), Paragon Diamonds (PRG) and I give Northern Petroleum (NOP) a well deserved kicking. Warning - this podcast contains strong language which some may find offensive. C'est la vie.
I am staying wth my father and lefty step mother in Shipston and so there are a string of jokes at his expense. Talking of jokes I mention, en passant, Sefton Resources (SER) but also the total joke that is Golden Saint Resources (GSR). Then there is BBA (BBA), Telit Communications (TCM), Surgical Innovations (SUN) - cue predictable Zak Mir joke - and eServGlobal (ESG). Finally I comment on Adgorithms (ADGO) and flag up superb Peel Hunt research HERE
A relatively short podcast today from Shipston in Warwickshire as I am recovering from falling down the stairs. No. Before you ask, I was sober as a judge. On the agenda today: a chat with Nigel Wray, Sefton Resources (SER), Gable (GAH), Herencia Resources (HER), China Chaintek (CTEK) and Tern. I forgot to mention Audioboom (BOOM) - more on that tomorrow.
Coming to you today from Shipston in Warwickshire I start with a wander down memory lane. That is Mr nice guy. Then it is back to my true self as I plunge the knife into Sefton Resources and Goldplat and sit on the fence on Ten Alps now that Luke Johnson is on board. That flip flop Ben Turney is just too charitable.