As folks close to the fraud Umuthi (UHS) start to play the man not the ball I set the record straight. I have agonised about the ethics of this as a journalist but feel I have no choice and then to MyHealthChecked (MHC) where we shareholders have to accept that facts changed today.
Hello, Share Takers. How’s this for a spiffing idea? You help organisations that need to make more money by building them internet platforms specially designed to attract the dough. If that body happens to be a charity, like Unicef, for example, then your business idea does the world a lot of good. And if your customer is the British government that wants to bring together hundreds of different companies to make and supply hospital ventilators, then how can you go wrong?
Almost but not yet. Pro tem I look at the ethics and tax affairs of soon to float AirNb and then at this week's utterly dishonest journalism in the Sunday Times, Burford (BUR) and the issue of revenue recognition.
Yes, I am indeed resident at a motorway service station as I explain HERE. In today's podcast I look at ethics, Milestone (MSG), Strat Aero (AERO), SalvaRx (SALV), Gulf Keystone (GKP), Blur (BLUR) - as a long I kid you not - and Audioboom (BOOM), er..less so.
There are a couple of comments up on the ShareProphets comments section today (from Woody44 and Vines) which show that at least two of our readers are morons. I have a spare few minutes so explain the ethics of financial journalism with reference to transparency and share ownership and insider dealing and source protection. Will they understand? Somehow I think they, like Chris Oil, do not wish to understand.
Last week a blameless salesman at ADVFN booked a marketing solus for us for Pacific Tycoon. The Asian scammers were prepared to pay great money so we would have a big payday on it. But when I learned about this I told our partners at ADVFN that if that mailing was sent to our readers I would resign. And so it was pulled. However much money we are offered we will not expose you to folks who are just out and out criminals.
Hello Share Pushers. Let’s take a look at ethical investing. I have not led a blameless life. There are people who really dislike whom I used to be. And thinking back I can’t blame them.
If you are a bull of Quindell (QPP) then that must largely be because you trust its founder, Mr 2+2 can = 5 Rob Terry. After all almost 40% of the revenue Quindell books this year will be accrued (i.e. not even invoiced but just based on what Rob Terry thinks will come in). He has bought businesses for massive prices from old friends based on what they might do (Himex and of course Brand Extension as exposed HERE yesterday). So you trust Rob Terry.