Keyword results: bullshit

KDR
KDR
PREMIUM CONTENT

Karelian Diamonds – Interims from second Conroy vehicle…..guess what?! And what was the Nomad smoking when signing this B***S*** off?

I covered technically insolvent Conroy Gold and Natural Resources’ (CGNR) interims and came to the obvious conclusion that it was technically insolvent. Yesterday its sister company (with largely the same management), AIM-listed Karelian Diamonds (KDR) followed with its own half-year numbers and guess what. But the statements are just unutterable tripe which, I suggest, are intended to mislead.

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YU
YU
PREMIUM CONTENT

Feck Yu Group – adjusted normalised bullshit trading statement doesn’t fool me!

AIM-listed energy supplier with recent accounting issues Yu Group (YU.) has released a full year trading statement. Like its half year trading statement last year, it is again full of holes: it tells us about the cash, but what about payables? And whilst losses appear to have been reduced, references to adjusted EBITDA don’t fool me: the company is still leaking cash.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bonus Bearcast: More dissembling from the bullshit merchant David Sefton of AAOG

There is a new RNS out today which begs massive questions which the company refuses to answer. And there is still the matter of the placing at 5.2p and more questions about whether Anglo African Oil & Gas (AAOG) will get that away in light of what it claimed on Friday. This stock is now utterly toxic and uninvestable at 4p. Enjoy.

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FRR
FRR

Frontera Resources - another bullshit announcement, ramptastic City presentation tomorrow - any more confetti vicar?

Another day and another bullshit announcement from the company whose main business is issuing new shares while claiming to be an oil explorer, Frontera Resources (FRR). the timing is handy for Frontera is hosting a City presentation for mug punter Private Investors tomorrow. It all smells terribly as if more confetti is on the way. Let's start with the bullshit RNS.

Beggar

Trendsignal = Bullshit Spouters

For some reason I get emails from an outfit called Trendsignal. According to the pretigious ADVFN awards this outfit is the "Best Trading Education Provider" which, I guess means that it spends a lot advertising with ADVFN. Having just read its mailshot I concludee these chaps are A grade bullshitters and I would not use their products if you paid me.

Boom

Hey Julie Meyer, if your Maltese operations are so profitable as you boast today why can't you pay so many of your bills?

Julie Meyer MBE is being pursued by a string of former employees and trade contractors who are demanding that her Maltese holding company pays tens if not hundreds of thousands of Euros of unpaid bills stretching back many many months. Yet apparently all is well and Ariadne is hugely profitable. So says Meyer.. I say BULLSHIT! Fake News!

BMN
BMN

Top broker calls Bushveld at 7.625p down to 2p

In a private email sent today after interim results from the rampers favourite B ushveld Minerals (BMN)  a top broker has called the shares out a s slam dunk sell at 7.625p arguing that they are worth only 2p and that the current death spiral funding will run out soon. He writes:

Bearcast

Tom Winnifrith Bearcast: Starcom is the bullshitter of the day and Altona the ramp du jour

I start with Starcom (STAR) whose statement as it announces a placing is pure unadulterated bullshit. Do the crony capitalists who put this shite out take us all for morons? Then it is onto Altitude (ALT) whose shares are up by 19% today valuing the company at £32 million. Maybe I am thick ( don't comment on that!) but I just cannot get my head around that valuation and explain why. Finally onto Altona Energy (ANR) and related ramp Uru Metals (URU). This is the latest POS to get the full ramp treatment and I explain why its share price is absurd.

Listen to the Bearcast:

Strat Aero: Hulsey Smith dumps more shares despite last RNS and the excuse is 100% horseshit

Whatever you say about Strat Aero (AERO) as it hurtles towards insolvency in a few weeks time it is al least the source of true comedy with RNS statements which are such complete and utter bullshit that they should win awards. welcome to the latest chapter in the tale of Hulsey Smith, the yank who litigated against Strat, showed that it had committed fraud, and ended up owning 11% of its equity as part of a settlement. Owning 11% of a company you have proved committed fraud is not an ideal place to be.

Bearcast

Tom Winnifrith Bearcast: the storm clouds cover the mountains where the Greek Hovel lies

Though I may have pneumonia thanks to Paul Scott, I am now safely in Kalamata looking up at the mountains where I live when in Greece and the storm clouds are ominous. So back to the stockmarket I look at Finnaust (FAM), Audioboom (BOOM), Avanti Communications (TOAST), Condor Gold (CNR), Advanced Oncotherapy (AVO), Webis (WEB) and Anglesey Mining (AYM) which is spouting bullshit today as it places.

LRM
LRM

Lombard Risk Management - headline blather excellent, but hidden cashburn terrifying

Under its old management led by John Wisbey, Lombard Risk Management (LRM) used to make profits and pay dividends. How fucking old hat and boring is that? Think like a millennial and get the cashburning vibe, that is the way forward and who better to do that than a man fired by Oracle (yet who boasts about his Oracle career ) & who was at the helm of a spectacular dotcom disaster, Phil "Interx" Crawford. Interims today score straight 10s for bullshit headline blather. But look at the hidden cashburn, extrapolate and panic.

Bearcast

Tom Winnifrith Bearcast - PR bullshit phrase of the day j'accuse FTI Consulting

The bloody postman is today's interruption. Will you sign for this crap for the chavs who live next door as they are out (again) signing on or working in the black economy? Whatever. I should charge for being the postbox for this entire street. Better still emigrate.  In terms of companies I look at  Laird (LRD), Motorpoint (MOTR), Strat Aero (AERO), and Mkango (MKA)

UK Oil & Gas pumps out more Horse Hill Bollocks but no one believes the Lenigas bullshit any more

Almost a year since the first drilling “discovery” at Horse Hill and the companies involved, led by David Lenigas ramp UK Oil & Gas (UKOG) still decline to drill again, instead pumping out more and more meaningless reports on the prospect. Today there is another but almost no-one believes the Lenigas blather any more.

Scoop: Mosman Oil & Gas placing at 1.75p underway

POS AIM casino dog Mosman Oil & Gas (MOSMN), is – I can exclusively reveal – right now struggling to get away yet another keep the lights on placing at just 1.75p a share. This story gets worse. And worse.

Poor Phorm – what a bullshit trading statement/pre placing ramp – look at the pattern

AIM casino cash munching machine Phorm (PHRM) today served up an “operational update” which is a load of bullshit in itself but what that means is that a placing will happen within days. Just look at the pattern.

SLE
SLE

San Leon – Fanning has got to Go!

After a brief look at the San Leon (SLE) accounts for 2012 into 2013 I feel even more aggravated by the strokes pulled by directors on the take. Today we hear the confessions of a CEO from IGAS Mr Andrew Austin who through RNS release admits his part in the Equities First Holdings LLC facility here . It would seem that the markets are not really clear on such deals but looking at the Quindell (QPP) saga you can just feel which way this is going to end up for Austin. I'm sure writers will be lining up to pull the CEO apart by his bullshit statements of how he's aligned to his shareholders yadda '' Frack off Austin, you are full of shit ''  

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