In this podcast ona shortened work day thanks to a still stick Jayarani, I give the five reasons why I sold all my remaining MyHealthChecked (MHC) today. I look at Mercantile Ports and Logistics (MPL), Sosandar (SOS), Powerhouse Energy (PHE), Simec Atlantic Energy (SAE) – well done Peter Brailey – and finally as the economic illiteracy of Boris Johnson as the Tories screw the poor in an inflationary world they only make worse.
Thanks to a reader who points out that Colim Bloom, the patsy English NED at the fraud Umuthi (UHS), is a leading and well connected Tory as well as a devout Christian. For £3,000 a month he seems happy to remain a director afraid of no comeback. Perhaps that is because, like the fraudster Chris Cleverly who amazingly enough is linked into this story too, he is well connected to leading Tories. Or maybe, like Julie “lingerie on expenses” Meyer (Praise be the Lord), he is doing God’s work? Here is a news release from our beloved Government. Pass the sick bag.
In their 2019 manifesto, the Tories said they would not hike Income Tax or National Insurance. Today we learn that an NI hike of 1-1.25% is planned to help shorten NHS waiting lists and to pay for care for the elderly. So the Tories lied. But it is worse than that. What is proposed is manifestly unjust, it is the transfer of wealth from those without to those with it.
I discuss my local Tory councillor being a spinless cretin, my daughter Olaf being a girly swot and with reference to Peter Brailey’s most excellent article earlier the nature of death spirals, they are not all the same but bad companies attract bad finance.
Nigel Somerville agonised at the weekend about who to vote for on May 6. In answer to his questions, various of our writers will, over the coming days, suggest who is worthy of your support. Last up is myself explaining why, here in Wales, we should vote for the cottage burning lunatics of Plaid Cymru.
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.
I have had a bad day trying to record videos for MineProphets - just 2 of a scheduled 5 completed. But they were stormers. I guess the 3 will be redone in the 4 days I have left. Anyhow it will be a great show so buy your £2.99 access (which lasts until Christmas) HERE. In today's show I discuss Versarien (VRS), Eqtec (EQT), Boohoo (BOO), Quiz (QUIZ), Photo-Me (PHTM), Supply@ME Capital (SYME) and Manolete (MANO).
Will the prudent again be penalised by the Tories, this week?
I had expected Boris to romp home as, rather with the Brexit Referendum, I sensed that there were a lot of very shy Tories out there and enough people would remember the Labour government of the 1970s which had to go cap-in-hand for a bailout from the IMF. Meanwhile the LibDem tactic of talking about cancelling Brexit and not much else backfired spectacularly and its erstwhile leader lost her seat. So Brexit is on the way, the Tories have a five-year term and life should improve. Above all, the Brexit deadlock is broken but now what?
In today's podcast I consider the view that the Tories are certain to win thanks to the partial withdrawal from the General Election fray of the Brexit Party. I look at Brady (BRY), Sirius (SXX), Infrastrata (INFA), Iconic (ICON), Tissue Regenix (TRX), Mereo Pharma (MPH) and Eco Animal Healthcare (EAH) which might just offer some value now.
Hello, Share Turners. Recently I’ve been buying shares. This was partly because of the buoyant mood of fund managers I met at the UK Global Group Investor Show. But that was in the Spring and since then,it has become all too clear that Boris Johnson could be our Prime Minister. That has caused a change of mind and I will soon redirect into cash, partly at least.
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.
The Taxpayers Alliance has produced a fascinating 51 page report explaining why so many of us are "just about managing" to quote our useless Prime Minister. In short it's hard evidence that Ronald Reagan was right when he said that the scariest words in the English language are "I'm from the Government and I'm here to help." We feel poor not because of wicked Tory austerity (fauxsterity), but because of how a bloated state has distorted the economy.
The UK has the highest national debt in the EU, we are running a stonking budget deficit so that debt is growing each year and spending on heath, education, welfare, foreign aid and the works has risen year on year under the wicked Tories. Bastards. That's what I call austerity! But it seems the nation wants a change and poor students, welfare recipients, millionaires from Islington and public sector workers, only kept alive by food banks, will be marching again today in London to demand that the General Election result be over-turned. End austerity now by supplying a caption for the photo below in the comments section - the deadline is midnight tonight ( 1 July).
Okay, it's 10am and the shock is wearing off and some of us are again able to function. I'm no fan of the Tories, and don't support Brexit so I'm very pleased. Tom, who may have drained Greece of all its Ouzo last night, has for the first time in my memory not correctly predicted a poll and isn't so pleased with the result. Steve, as a supporter of the Norwich Liberation Front, was blanked. This thread is for discussing the result: what's going to happen? Who won? Who lost? Let it all out in the comments below.
Hello Share Trudgers. There’s been talk of a collapse in property prices on this august website. As I’ve often posited, I consider this too dire a view of the bricks and mortar game.
Hello Share Squishers. It seems fairly obvious that gas and electricity supply companies may well see slimmer share prices after all this general election talk about capping energy bills. But so far, the market has not cropped shares by very much.
Hello Share Squinters. With another boring bank holiday on our plate, when the stock market can provide us with no daily thrills, it’s an opportunity to look at the macro world of share shifting. And despite the many voices who say that shares are overbought and cruising for a bruising, I add a word of caution about selling too soon.
Caption this very accurate and not at all cropped photo of some nice Tories in the comments below. The deadline is midnight tonight.
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.
Hello Share Shakers. If, like me, you enjoy old-fashioned goodie versus baddie Westerns, then you’ll enjoy the rollicking remake of the Magnificent Seven. Not the same calibre of stars as the old 1957 classic, though. No Yul Brynner, Charles Bronson or Steve McQueen, but very entertaining nonetheless. The film has inspired me to choose my own Magnificent Seven.
Crack out the champagne, the Tories have won and can govern unhindered by those pesky Liberal Democrats! That seemed to be very much the view on 8th May but five weeks later what has really changed for Britain?
My first visit to the Greek Hovel prompts a wildlife diversity report which will appear on www.TomWinnifrith.com later. Meanwhile I explain why the Tories ARE the party of social justice and look at New World Oil & Gas on what is officially Fake Sheikh day, Insetco, Daniel Stewart, China Chaintek, Independent Resources, Falanx and Just Eat.
Hello Share Twiddlers. So if the Tories get in again they will sell off Lloyds (LLOY) shares to the public at a discount.
Hello Share Munchers. They've been telling us that the election run-up was going to send share prices down. The markets, after all, hate uncertainty.