Lying to your investors is bad. I suppose committing fraud is even worse. But advisers without morals such as Nomad SP Angel and broker Beaufort Securities do not care about such matters as long as they get paid. But that may pose a problem as interims today from Strat Aero (AERO) show that it is completely bust. That SP Angel and Belfort will sign off on an RNS like this says everything you need to know about them. The only thing they should be signing is a resignation letter as Strat is bankrupt both morally and financially.
Not only does AIM Casino piece of Turkish Servision (SEV) now have the most expensive loan in AIM history - see HERE - but this company is also utterly bust. Amazingly Nomad Allenby and broker Belfort Securities have signed of on its results today. Shame on you chaps. You may not be able to read financial statements but I can and so talk you through why this company could call in the administrators as soon as this afternoon. Target price 0p.
Magnolia Petroleum (MAGP) has published interim results today. In this podcast I explain how to read through the horseshit and what are the real numbers you should be focussing. I explain why that makes this company not what it claims to be in any way but a totally worthless piece of Turkish just months away from insolvency.
Lord Timmy Razzall still has not answered the ten questions from Cynical Bear that a man of honour rather than a money grabbing piece of shite would have answered - his silence tells you everything. Instead he has again produced a trading statement from Boxhill Technologies (BOX) which omits all the key data - Lord Razzall luvvie, what are you hiding?
Dave "Rule breaker" Whitby and his colleagues at AIM Listed Piece of Turkish Andalas Energy (ADL) are on the spoof again with a ramptastic RNS saying nothing at all of of any interest whatsoever. Folks know Whitby's game and the shares are off at just 0.165p because what is really happening is the start of the ramping that proceeds a deeply discounted placing. Next up a soft interview with Zak "Judas" Mir, a podcast with Justin the clown or a presentation at a Proactive seminar? Perhaps a buy note from Edison? We have seen the Andalas ramp before and surely no-one is stupid enough to buy it again?
Ahead of my hot date with the most amazing woman tonight I am just counting down the hours. Meanwhile I contemplate the nature of fraud with explicit reference to Eden Research (EDEN) which - pro tem - retains its AIM listing. I am sure PR fecking genius Paul Queenie McManus won't like what I say but he can just go chat to his BB Moron pals, smear me again and go fuck himself. Moving on I do a complete fisking of a "corporate hold" ( ie sell as fast as you can) research note from Belfort Securities on piece of Turkish Servision (SEV). Yes this podcast contains yet more quite appalling language.
I warn you that this podcast uses bad language as I am unspeakably angry about the numbers from AIM cesspit posterboy Servision (SEV). In so many ways its results, which were issued at no-one is watching O'clock yesterday, are a disgrace. At least it is prepared to admit to some of the financial crimes against humanity which I have accused it of. But it is clearly bust and I comment on its numbers, on what the directors and auditors say, on its partial admission of guilt and on the reprehensible behaviour of Jon Bellis and his colleagues at Belfort Securities around the time of the (grossly misleading) interims of 30 September. The target price is 0p as this company is almost bust and truly is a piece of Turkish.
I pointed out at the weekend why cash guzzling, dodgy accounting, jam tomorrow, RNS misleading, worthless piece of Turkish Servision (SEV) may have a few issues with its results. But where are those results for calendar 2015?
I have already covered the shocking covert bailout placing by uber-ramp Highlands Natural Resources (HNR) HERE. But today it has also announced a quite ludicrous bogus disposal which even the Bulletin Board Morons seem to concede makes this piece of Turkish a laughing stock. It involves fellow stockmarket dog with fleas Opera Investments (OPRA)
You may say that Oakley's latest deposit and Teather's Financial (TEA) have a lot in common. I cover both in this podcast apologising and dishing out blame for the latter at least. I also cover 88 Energy (88E) and Great Western Mining (GWMO) which is also a total piece of Turkish. I look at Tertiary Minerals (TYM) and also cover PGC Entertainment (PGCE).
Our resident Fastjet (FJET) owning lunatic Duck & Dive yesterday predicted an RNS from this piece of Turkish imminently claiming that it would show what a "twit" I was with good news. Well D&D was half right there was an RNS. Sadly, for him, it is not good news. Duck remains the twit, I continue to call this one right.