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Is there anything better than sitting back and reading a well-written article on a lazy Sunday? Every week ShareProphets features some long form journalism that you'll find of interest. Grab your cuppa and enjoy these five articles.
These are the 24 most-listened-to Bearcasts by Tom so far this year. By my reckoning, if you queue them all up, you'll have eight hours of Tom's dulcet tones to play for the family.
In today's bearcast I explain why I disagree with Malcolm on Bigdish (DISH) this morning. I look at IQE (IQE) and the growing risks after today's statement and there is a final appeal on Rogue Bloggers for Woodlarks. we are now less than £4,000 shy of the £50,000 target, if you have yet to donate please do so HERE. I have a few words on the departure of the useless, mendacious and despicable old hag, Theresa May
From kidnapping the neighbours cat to locating Woodford's buried bodies, Tom's Bearcasts are easily the most popular items on the ShareProphets site. Here are the 20 the ShareProphets readers listened-and-relistened to.
I staert with a few thoughts on Eazster and on the hollow words from our wretched Prime Minister Theresa May on protecting Christians who are under attack. I then have a few more words on lying Mail on Sunday journalist limp dick Jamie Nimmo. Finally with a hat tip to Jamie's paper for breaking another mini bond scandal, MJS Capital, I discuss shamed Lord Razzall and the idea of what a high yield really tells you on a bond, a share or a house.On this day of gioving please make a donation to Rogue Bloggers for Woodlarks. 90% of those who listen almost every day to this podcast are yet to chip in, please correct that HERE!
Another day and another production update from Horse Hill which gives UK Oil & Gas (UKOG) boss Lyin’ Steve Sanderson to make the most outrageous claims which he could not substantiate in a month of Sundays. But the dull share price reaction suggests that these days the words of Lyin' Steve are about as credible as a Theresa May pledge on Brexit.
I start with a question for wretched PM Theresa May - which of your assessment's of Jeremy Corbyn was correct? I then look at the strange events at Brave Bison (BBSN), take aprt Audioboom's (BOOM) joke trading statement, look at Jersey Oil & Gas (JOG), Management Resource Solutions (MRS) and, finally, thirsty Paul Scott favourite TrakM8 (TRAK). Now how about you all follow the good Craig and donate a "one-er" HERE
At the end of January we were told that Lord Razzall was to ride off into the sunset in July and was stepping down from the executive part of Executive Chairman of AIM-listed POS Boxhill Technologies (BOX). Well, it seems that he has used the extra time well and learned how to use an Adam Reynolds (who has absolutely nothing to do with this nonsense of a plc) keyboard - you know, the one with no numbers on it!
I refer to a quite amazing scoop buried away deep in today's Sunday Telegraph. Well done Uncle Chris Booker. I then look at how everyone is still in complete denial about the mess that is the AIM Casino and also about the future direction of corporate earnings growth an d what that means for equity caluations.
Hello, Share Mixers. One thing I’ve learned in 30 years of studying share prices every day is that the money markets are a better predictor of the future than any other means. Politicians, parliamentary journalists, lawyers, ordinary folks and bookmakers can‘t hold a candle to the Footsie when trying to judge events.
I start with young Joshua's meeting with Santa Claus as flagged up yesterday and then discuss a couple of other Christmas rituals. Then it is onto today's shocker from Filtronic )(FTC). I cover why the statement is misleading, discuss what is the real cash position and thus how quickly this could completely unravel. I then look at FinnCrap (FCAP), appointed Nomad and broker on November 15. Either it failed to do adequate Due Diligence or it has colluded in sitting on price sensitive information in clear breach of AIM Rules. Either is very naughty indeed. Which is it Sam Smith? Finally a few words on the leadership challenge to wretched Theresa May,
I have been over-bullish about gold ever since it popped its top at around $1800 per oz in the aftermath of the financial crisis and quantitative easing (ie printing money) became all the rage. But rather than sell out, I have held firm. At the time I seemed to be wrong, but with what should be a momentous week for the UK about to hit us, I see the gold price is up a tad at just shy of $1250 per oz...
A delayed bearcast as it is all go at the Greek Hovel with the olive harvest. Comrade Andrew Bell has departed but the Albanian cavalry has arrived. More on that on my own website later, with photos. In today's podcast i start with the explosive news about how wretched Theresa May has misled MPs and the nation over Brexit. Surely she must go now. And I ponder events in France. Do we really want to be in bed with that sort of place. Then onto Telit (TCM) where the Sunday Times has big news. This could be a zero by tomorrow. I discuss in detail. I also comment on another fraud, MySquar (MYSQ)
In delivering a slightly disappointing trading statement for JD Wetherspoon (JDW) which just cannot buck massive macro headwinds, its chairman Tim Martin writes from a hospital bed a few words on Brexit. If only wretched Theresa May would listen to the great man who lashes tossers like the staff of the Financial Times, the Oxbridge 1%-ers with their elitist group-think and the CBI and who opines:
A bad day for diversity as AIM loses a female CEO in the form of Melissa Blau at Veltyco (VLTY). No doubt our wretched Prime Minister Theresa may will be cross about this but folks who care about weeding out failures and rewarding talent rather than daft quotas will not be crying. The question is whether Veltyco’s statement is true or not. Methinks it is not.
In today's podcast I discuss the latest news from Elon Musk and Tesla (TSLA) and why it is still a short, Theresa May trying to woo the wrong businessmen, gender pay gap bollocks in the Mail on Sunday and the theft Bulletin Board Morons approve of and ADVFN (AFN) cuts its own throat by not tackling, copyright theft.
In this podcast I look at the EU's shameful treatment of the wretched Theresa May, it insults her but also the UK. Do we really want to be part of such a club. I look at warrants handed out by Kefi Minerals (KEFI) as it appointed shamed and disgraced SP Angel as its joint broker and I discuss how proven liar Elon Musk will cook the Tesla (TSLA) Q3 books and how that will play out.
Ben Harrington has another tale about Telit (TCM). Truly the fraudsters favourite journalist is a stain on an entire profession. So what to read into this latest Jackanory? Meanwhile some of those attacking me on twitter, after a Steve Holdsworth tweet in support, display almost the classic definition of stupidity. They will, I fear, remain in social housing with this approach. I also discuss Boris, shagging and nasty smears by wretched Theresa May.
It was interesting to listen to yesterday’s Bearcast Special, with Tom Winnifrith joined by Lucian Miers and Brokerman Dan – the last of whom sounded like a jolly good cynic to me. He described AIM as “all puff” and asked which company could go to zero he said any AIM company. Of course, I think there are a few exceptions but in general the cynic in me enjoyed hearing what he had to say. Perhaps that is partly why I’ve been looking to put a dividend muncher’s list together, as well as having some stocks I can invest my cash in to generate a return even if the general market keels over.
More money for the NHS promises wretched Theresa May, citing a bogus Brexit dividend then ‘fessing up that taxes will have to go up too. And now it seems that bone idle and overpaid teachers are going to get even more money too. But it is not as if taxes are, whatever dumb snowflakes and dumber politicians claim, too low. Au contraire.
Mrs Theresa May, the worst Prime Minister since the 1800s, understands nothing of business which might explain why she is happy to betray the 17.4 million and her party members by signing up to the worst Brexit deal imaginable. This will see her party obliterated at the next election – bring it on! Tim Martin of JD Wetherspoon (JDW) does have real world experience and today opines:
The Canadian economy and housing market is tanking, in part thanks to the crackpot socialist policies of its preposterous PM Justin Trudeau. Dope is now legal thanks to the only PM in the world who makes Theresa May look half competent but if you lived in Canada you’d need to be on drugs. What better place & time to spunk £45 million on buying a cash guzzling estate agency? Step forward Purplebricks (PURP) keen to distract us all from what will be Godawful full year numbers announced later this week.
As you know I care greatly about the way meaningless data is misinterpreted when it comes to the gender pay gap. That got me into an Orwellian soup thanks to a bedwetting millennial when I gave THIS lecture at Bath Spa University. Today is the day by when all companies must publish gender pay data. But the data offered is utterly meaningless and the fact that Theresa May uses it as she jumps on the bandwagon show what a silly woman she is. The BBC is wilfully misreporting it too as you can see below ref RyanAir (RYA). I explain why today's wall to wall coverage is so misleading.
There are serious economic challenges coming in the near future, and they are going to change all of our lives in ways that we haven’t even considered yet. Some good, others bad.
I start with a discussion on Big Sofa (BST) prompted by Cynical Bear's article today which is just wrong. CB writes HERE. Then it is onto capitalism and the useless Theresa May and then on to another reason why house prices are set to crash. Finally I discuss forward selling and whether it is wrong or illegal
Uber has lost its London license thanks to Transport For London (TFL), a move applauded by useless Mayor Sadiq Khan, The Guardian, the BBC and black cab drivers. But it is very bad news indeed for London and I explain why. It is symptomatic of a new era of economic madness as is Theresa May claiming giving £20 billion (it will be more) to the EU is a good deal and our useless PM also trying to satisfy the greed of lazy and overpaid public sector workers. Perhaps the biggest sign of this madness and wish for economic hari-kiri is Labour's plan to renationalise the utilities. It is utter madness but no one dares say so. We are heading faster and faster towards the precipice my friends.
There is no doubt that ex Provident Financial (PFG) boss Peter Crook was a grossly overpaid and useless CEO. The £40 million he trousered in ten years is obscene given the share price collapse and nature of his departure last week. I have noted before that fat cat bosses give capitalism a bad name and allow those who seek to undermine the only way to make the world a better and more prosperous place to attack we capitalists. Idiots like Theresa May play to the gallery in joining in.
Tim Martin is again our4 hero of the day, speaking out against the FCA,m the CBI, the Financial Times and other remoaners" who are trtying to dilute Brexit with disingeneous comment. On the occassion of a trading statement from his JD Wetherspoon (JDW) chain of ghastly plastic pubs, Martin has let rip. The great man states:
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.
This photo inspired many, many fine entries to this caption contest. But there can be only one winner. And I think the winning entry pretty much summed up May's attitude to this election.
Okay, one more. Caption this photocomposite of Theresa May. The deadline is now midnight 9th June in honour od the worst Tory leader in history.
There is a case for not bothering to vote at all. All four main parties (we include the SNP and, very charitably, the Lib Dems) are committed to running unfunded budget deficits up to at least 2025. None of them are prepared to make the tough choices a nation with an ageing population and a gaping budget deficit needs to make. In that sense all of the politicians are being dishonest with the electorate. So what's new?
Bloody Theresa May. There was I off work and she has just gone and called a snap General Election for June 8th. Time for everyone to panic? Er...no.
In today's podcast I look at Peak Club - the mad debt binge at Soho House and what it tells us about asset bubbles and more. Then I cover Theresa May's misguided proposals on executive pay before finally covering the latest boardroom antics at Bowleven (BLVN) , putting it up for sale.
I expect shares in Cloudtag (CTAG) to resume trading on Monday and then to tank. I explain why. I look at the issue of portfolio allocation something too many folks ignore at their peril. Then I look at executive pay at RBS, Unilever *(ULVR) and elsewhere. I wonder if Theresa May means it about looking after ordinary working people. Surely RBS is an easy test for her. As a capitalist I find blue chip executive greed distasteful and worrying.
Well, this is awkward.. Prime Minister Theresa May will be visiting newly minted US President Donald Trump next week and hopes to initiate some sort of trade deal, a mere 48 hours after Trump told the world of his plans: “From this day forward, it’s going to be only America first. America first.” But I am sure that he'll make an exception for us. TW Note - Does Darren actually bother to check what Trump says on Trade deals? More fake news from remoaning liberal losers...
In a mere five days, Donald Trump becomes president of the United States. In 90 days or so, Theresa May promises to pull the plug on the world's largest trade bloc.
The September edition of the UK Investor Show magazine is live and as its two lead features reveals the top seven shareholdings of my family trusts, names and shames 5 AIM listed frauds and contains a raft of share tips and 3 sells (to zero) plus an exclusive interview with Richard Poulden of Wishbone Gold (WSBN), a challenge to PM Theresa May and Jeremy Corbyn involving Keith Vaz and much more. You can access the magazine now and at no cost below. I, Tom Winnifrith, am now on leave, Steve Moore will be editing the next issue.
It is great to see that one of the UK's largest companies, GlaxoSmithKline (GSK) has a new CEO who has a cracking CV and and has without doubt been appointed on merit. Oh... and she wears a skirt, that is to say that she is a woman, Emma Walmsley. I wish her well. Emma demonstrates a couple of things which will horrify the liberal left.
Happy birthday Lucian, it looks as if my son is hanging on to avoid joint parties in the future. Theresa May has a new idea on tackling fraud. Suffice to say what she proposes will damage industry and Britain PLC. I have another suggestion - enforce existing rules. Mrs May fails to understand the psyche of most fraudsters but also how useless the fraud busting agencies of the state are. I then move onto bad news for my good friend Jim Mellon at his latest AIM Disaster, Billing Services (BILL), then I cover XCite Energy (XEL) and read throughs at IGAS and Iofina (IOF). 88 Energy (88E), China fraud Zibao (ZBO) and the smelly business at Feedback (FDBK)
Shares in overindebted AIM-listed Igas Energy (IGAS) have shot out of the traps this morning on news that Theresa May is in favour of fracking and wants to bribe the locals into letting it happen. There is also a technical matter announced last week that Igas underwent a capital reduction which apparently strengthens the balance sheet......if only. The share price reaction has seen the shares race ahead by as much at 47% (30% last seen) but has anything changed? Er....
Negative interest rates? Mortgages for the unemployed? Theresa May and Hillary Clinton reckoning they can solve the economic mess with "new Government policies". It is a mad, mad world. And sooner or later we will face a day of reckoning for the economy, for shares and for property prices that will be brutal in a way you cannot imagine as I explain in today's podcast
Tomorrow my father faces his interview at the Conservative Club and I have been coaching him on what he can say as a deluded lefty to get access to the cheep beer. Elsewhere I discuss how share prices can defy gravity temporarily and why with reference to Gable Holdings (GAH) and Gulf Keystone (GKP). Then I move onto Nyota (NYO), Avanti Communications (AVN), Strat Aero (AERO) and then, in some detail, the dog run by liars that is African Potash (AFPO)
In this podcast I discuss the !Industrial policy" of Theresa May, the LSE being taken over by the Krauts - a good thing - why I am still an equities bear and a few other things. Must rush. I have a takeaway from Shipston Bengal to collect for my father and me.
A short bearcast because of the family situation flagged up yesterday. I start with the election of Theresa May which seems to have pleased the markets BUT NOT ME!. Then I look at Orchard Funding (ORCH), IGAS (IGAS), Avanti Communications (AVN) and Golden Saint Resources (GSR)
On Tuesday we asked you who would be the next Tory leader and 60% of you went for folks who are not even on the ballot today including the man who has screwed half the women in London (Boris), the man who has screwed up English Football (Roy Hodgson) and the man who allowed the greedy junior doctors to screw even more cash out of the NHS, Jeremy Hunt. So let's try again. Who will be the next leader of the Tory party? The deadline for voting is midnight on Sunday.
As the ferrets plan to throw their hats into the ring the great Tory leadership contest is off and whoever wins will, on day 1 , be Prime Minister. So who will be leader? It is not who you want to win but who you think will win. Vote now with a deadline of midnight.
