Results

Will the fat lady soon be singing for Mowana - Cradle Arc looks screwed!

Published 198 days ago

On the face of it I can see why some investors have been drawn to Cradle Arc (CRA), as it is actually producing copper and has a market cap of just £2.5 million, but there could well be good reason for its shares appearing to be cheap.

Filthy Forty Walcom – customer still not coughed up, now its off to the lawyers

Published 298 days ago

ShareProphets AIM-China Filthy Forty play Walcom (WALG) – one of just seven remaining – has announced that its largest customer still hasn’t ponied up the wonga. There’s a surprise…..not! Also unsurprising is the share price reaction, where the bid price has dropped to just 0.25p. If you wanted a bag of crisps, you’ll have to settle for Tesco Value ones now.

Nighthawk - bank calls default on loans - wa wa wa wipeout on the way, company fesses up

Published 400 days ago

Oh dear the fat lady needs to get on stage quick. I have been warning you that Nighthawk (HAWK) was worthless toast for ages but as ever the bulletin board savants knew better. Well folks now the company has fessed up. Once again the scoreboard reads: The Sheriff of AIM 5 Morons 0.

SCANDAL!! BMR: loses Zambian mining right (of which it was forewarned but shareholders weren’t), shares suspended. What about the cash? What about Nomad W H Ireland?

Published 472 days ago

AIM-listed BMR updated the market at 1.15 this afternoon: it has been stripped of its Zambian Mining right and the shares are now suspended. And it seems the threat was known back in September, but the company didn’t bother to mention it.

Igas – more details on proposed refinancing, but has the company got enough bondholder support?

Published 806 days ago

Having (quite correctly) been an out-and-out bear of AIM-listed and overindebted Igas Energy (IGAS) ever since we exposed the dealings of former trougher-in-chief Andrew “Piggy” Austin (before he was shown to the edge of the plank) the potential demise of the company has been on the radar. Here are ShareProphets we have flagged up the eventual destination of massive dilution for shareholders or just a round of toast and the company duly served up proposals for a refinancing at 4.5p. I’m still not completely convinced the board will pull off this deal but despite the dilution the terms proposed look to be a remarkable achievement by the new board – IF it can get it over the line.

Igas – mandatory bond buy-back after investment falls short

Published 845 days ago

AIM-listed and over-indebted Igas Energy (IGAS) this morning announced that it is to conduct a mandatory redemption of $2.3 million of its secured bonds after investment in its conventional hydrocarbon assets fell short of the required $15 million last year by the aforesaid $2.3 million. It may seem that this is good news in that the company is being prudent, but I suspect that this is bad news on two fronts.

CloudTag – L1 converts, company takes the piss. Will Nomad Cairn now finally walk?

Published 884 days ago

Well surprise, surprise. AIM-listed CloudTag (CTAG) gets its shares unsuspended and a few days later L1 converts another batch of loan notes, as announced in last night's no-one-is-watching o’clock RNS. OK, no great surprises so far – especially in view of the price action since the suspension was lifted. But look at the terms: has there been a a material and previously unannounced change, and if so, when?

CloudTag – Share Issuance headroom maths looks grim, statement needed

Published 904 days ago

Oh dear. Oh dearie me. With the share price of embattled AIM-listed CloudTag (CTAG) still coming down faster than a Waseem Shakoor post on the LSE CTAG BB, the bid price has dropped to just 5.25p last seen. If my maths is right, L1’s outstanding loan notes can’t all be converted until after the forthcoming EGM (assuming that shareholders approve the relevant resolutions). Even then, it looks as though Tranche 2 is in danger of not being convertible if the bid price falls much further. Perhaps the Nomad, Cairn Financial, might wish to have the matter clarified to the market.

Igas – planning permission changes nothing: sell

Published 920 days ago

Yesterday AIM-listed and over-indebted Igas Energy (IGAS) was pleased to announced that Notts County Council had approved a planning application for the development of a hydrocarbon wellsite and the drilling of two wells. This, of course, is with a view to developing a fracking project.

Igas – Barbarians at the gate, shareholders will lose their shirts

Published 936 days ago

Yesterday saw Sky News unmask the mystery buyer of AIM-listed and over-indebted Igas Energy (IGAS) Oslo-traded secured bonds via the recent Dutch Auction conducted at 75c in the dollar – see HERE. We already knew that the previously un-named buyer had acquired a 34% stake in the bonds – enough to block any proposed debt restructuring that it didn’t like.

Igas – proposes bond covenant waivers as breach expected w/c 24 Oct. SELL!

Published 955 days ago

The denouement has started – you can’t say you were not warned over and over again here in ShareProphets. AIM-listed and over indebted Igas Energy (IGAS) has gone cap-in-hand to its bondholders to seek a series of waivers and a standstill agreement on its bond covenants while a capital restructuring is negotiated. Shareholders face a bloodbath this side of Christmas, but already the stock is down 11% on the day.

Igas – dire interims, bondholders take box seat as covenant breach looms

Published 967 days ago

Rarely does one find good news in results which are released at the last minute, and in the case of Igas the recent record of fairly prompt reporting suggested that leaving the interims to deadline day would be a bad omen. This morning’s numbers and, more to the point, update on the bond situation reads badly – for all the positive spin applied. The numbers aren’t good, a bond covenant breach is expected in the second half of next month and then there is the question of how long it may be before the cash simply runs out.

Igas – New Year tip update: crunch time this week?

Published 972 days ago

When I penned my one and only suggestion in the 2015 ShareProphets Christmas tipfest, AIM-listed Igas Energy (IGAS) shares sat at 18.5p on a market capitalisation of £55.3 million. They have been all over the place since then – up as high as 21p twice and down as low as 10p. They are currently 12p as the last bubble nonsense deflates gently but has anything really changed? Er, no. The company is still drowning in debt which it can’t repay and the lit fuse is now almost ten months shorter. Igas remains a stonking sell.

Filthy 40 Origo Partners – settlement deal on the table (again)

Published 1007 days ago

ShareProphets AIM-China Filthy Forty play Origo Partners (OPP) has had its shares suspended from trading pending clarification of its financial position since 11 March this year, and with a six-month timetable to AIM execution due to expire next month things were looking dire until a no-one-is-watching o’clock RNS at 4.50pm yesterday. It seems as though there may be some light at the end of the tunnel. Has the Filthy Forty turned up some good news? I rather suspect the answer to that may just be yes.

Moody's Downgrade on Avanti Communications Bonds "default inevitable" - tells you equity is worth 0p

Published 1030 days ago

Moody's has downgraded its ratings on the junk bonds of Avanti Communications warning bond holders that they would probably get just 35-65% of their cash back. In that case the equity is worthless - note the explicit warning that Avanti will face a cash crisis potentially within weeks. Moody's states viz a viz the bonds " Moody's sees a default by Avanti over the next 6-12 months as almost inevitable." On that basis the target price for Avanti shares has to be ZERO. Sell while you can.

Trinity Exploration shares suspended - Citibank finally pulls the plug

Published 1046 days ago

For months and months Trinity Exploration (TRIN) has been in default on loans taken out with Citibank. Investors who declined to sell the worthless shares seemed to believe the truism that "If you owe the bank $1 you are in trouble, if you owe $1 million the bank is in trouble" as Citibank - which was actually owed $13 million declined to pull the plug. Until today. Instead of the normal weekly rollover announcement we are told:

Igas – Sunday press PR puffery tells you all you need to know: sell

Published 1048 days ago

Tom Winnifrith has already quite correctly berated the Sunday Telegraph for its piece yesterday on the ongoing travails of AIM-listed Igas Energy (IGAS) and its little debt problem. The sense of desperation which saw this piece of abject puffery in a national newspaper is apparent to anyone who looks at the balance sheet, or read the comments from the company about its expected bond covenant default in the second half of this year (ie any time now). But the article reads like a dodgy RNS aimed at getting the bulletin board morons to pile in while the crony capitalists get out.

Igas - shares sliding, is the penny starting to drop?

Published 1052 days ago

Shares in AIM-listed and debt-ridden Igas Energy (IGAS) hit a new low point today of just 11.5p per share. They have since recovered to 12.25p (last seen) which is still below anything registered during the slide from the heady days when previous head honcho Andrew "piggy" Austin did his sale-and-repurchase deal with Equities First Holdings LLC. Is the penny starting to drop about how big the debt problems are?

Igas - result of bond "Dutch Auction", shares still a sell

Published 1054 days ago

We previously flagged that the "Dutch Auction" tender offer by an un-named client of Pareto Securities for the senior secured bonds of AIM-listed Igas Energy (IGAS) might present a bit of a threat to shareholders. We've now had the result of the tender offer...

Gulf Keystone – Leaked Two-Phase Restructuring with Investor Wipe-out

Published 1056 days ago

Concrete details of the restructuring at Gulf Keystone (GKP) have apparently been leaked to the Times this weekend, confirming that the end is nigh for this once-loved and highly-debated stock.

Gulf Keystone Petroleum - Living On Borrowed Time

Published 1057 days ago

June was a quiet month for Gulf Keystone (GKP), at least in terms of news for observers. Internally, there are doubtless all manner of interesting conversations taking place. We were given a twin helping of clues on Friday as to the content and direction of these discussions. Unfortunately, there is still no reason to believe that the shares have any value. But maybe the end is nigh.

Igas – bondholder Dutch Auction lights up neon warning signs for equity holders

Published 1066 days ago

I’ve been a bear of Igas Energy (IGAS) ever since previous CEO Andrew “piggy” Austin’s shady dealings with Equities First Holdings LLC (EFH) when he walked away with millions in cash whilst still being able to claim that his interests in the shares were unchanged by the transaction. It ran rings around the disclosure rules. Ever since he walked (or, more likely, was pushed) it has been clear that he left the company drowning in debt and sitting on a ticking time-bomb. Yesterday came a surprise move, but one which could, perhaps, spell the end of the road for equity holders. Quite why the shares spiked (albeit temporarily) on the news is a mystery.

Igas – company update = shareholders set to take a bath. But just how bad is it?

Published 1075 days ago

This morning AIM-listed and overindebted Igas Energy (IGAS) released a company update RNS. There was some positive waffle about good progress on its five year shale developments plans, pointing investors to the recent planning permission given to Third Energy for fracking to be employed at a site in Yorkshire. But it is the parlous state of Igas’ finances that this RNS addresses. It looks grim.

Igas – new Nomad and Broker appointed: bail-out imminent?

Published 1089 days ago

Shares in AIM-listed and over-indebted Igas Energy (IGAS)  had a good week last week, rising by about a third in value before slipping back again. But its balance sheet problems (well documented on ShareProphets, see HERE) continue to mount and this morning it was announced that Investec has been appointed Nomad and joint Broker, replacing the previous incumbent Jefferies International. Whilst one might wonder if Jefferies jumped or was pushed, the bigger question is when the bail-out re-financing will come and how big the shafting for existing shareholders will be.

Igas – Trading update: the market cap is insane!

Published 1095 days ago

This morning AIM-listed and over-indebted Igas Energy (IGAS) released a trading update ahead of its AGM to be held this morning. The elephant in the room is, of course, its outstanding debt in the form of bonds - £103 million worth as at the last accounts – which mature in March 2018, less than two years away.

IGAS – a fracking good shorting opportunity?

Published 1096 days ago

This morning came an announcement (see HERE) that North Yorkshire County Council has voted to allow the use of hydraulic fracturing to extract shale gas from a site in northern England. It is the first fracking permit in the UK since 2011 and all of a sudden over-indebted Igas Energy (IGAS) shares have leapt 25% on the news. Of course it does nothing to relieve the balance sheet issues facing Igas and as such this seems to be a cracking (or fracking) good shorting opportunity.

DQ Entertainment – they think it’s all over…well, I do

Published 1157 days ago

It comes as no surprise that (now ex-) AIM-listed DQ Entertainment (DQE) had a spot of bother in finding a replacement Nomad after the previous incumbent Allenby walked the plank last month, having given notice and warning that if new directors proposed by EGM requisitioners were appointed then it would resign forthwith. But now we have what looks to be the final nail in the coffin as the company has admitted that it can’t find a Nomad which will represent it and it is to be booted off the Casino as from this morning - a nice early morning execution. I hope that any readers with a holding managed to get out, even if only with one of Tom Winnifrith’s bags of crisps: it is better than nothing.

F40 Origo faces winding up order. Why are the shares still trading?

Published 1171 days ago

It comes as no surprise at all. ShareProphets AIM-China Filthy Forty play Origo Partners (OPP) had already made no secret that it would be in no position to meet a required $12 million redemption on its Zeros by Tuesday's deadline, which would constitute a default. Why the shares are still trading is beyond me. Surely if Nomad Smith Williamson cannot secure a suspension pending financial clarification it could just resign in order to force the issue. But it gets worse.

DQ Entertainment – requisitioners force EGM: shareholder wipe-out ahoy?

Published 1183 days ago

Anyone who held on to their shares in AIM-listed (pro tem) DQ Entertainment (DQE) ahead of the Nomad resignation-induced suspension had better look the other way now. The company has called the long-awaited EGM which was requisitioned to force through board changes and it looks as though a shareholder wipe-out very much on the cards.

DQ Entertainment - Death Row cell door is open, last chance to get out?

Published 1188 days ago

Shares in AIM-listed DQ Entertainment (DQE) are down 35% to 1.125p mid (last seen) as today's close-of-play deadline for the company to find a replacement Nomad or see the shares suspended looms large. Is this the last chance to salvage one of Tom Winnifrith's bags of crisps?

DQ Entertainment – requisitioners rock boat but no Nomad news: suspension imminent?

Published 1193 days ago

AIM-listed DQ Entertainment (DQE) looks set for imminent suspension on the resignation of Allenby as Nomad on 22 Feb (next Monday) as previously notified by the company on 4 Feb in controversial circumstances. Since then the company has issued three RNSs, none of which has given any update on progress on finding a replacement.

DQ Entertainment – subsidiary update sees shares gain 45%: Bonus crisps on offer for shareholders.

Published 1197 days ago

Yesterday saw AIM-listed DQ Entertainment (DQE) release a trading update on its 75%-owned and Bombay listed Indian subsidiary, DQE Entertainment (International) Limited. It was well received by the market and DQE saw its shares advance by some 45.5%. That’s handy for anyone looking to get out, such as anyone with a loan in default being forced to sell their shares (before the Nomad, Allenby, quits in just over a week).

DQ Entertainment – the Red Flags pile up. Writing, wall.....this stinks!

Published 1204 days ago

Following the appearance of AIM-listed DQ Entertainment (DQE) in our Red Flags at Night series regarding the resignation of its Nomad and other matters, slipped out at no-one-is-watching o’clock on 3 Feb, we had a Director Shareholding RNS yesterday afternoon. It is a complex announcement, but it stinks. Certainly it did not give any reason to question the wisdom of the Nomad, Allenby, to step down on 22 Feb. The shares remain a big sell even after the collapse of last week.

PetroCeltic - Worldview may bid - shares are a sell

Published 1219 days ago

Oh how the morons like being rogered. Today's lesson is Petroceltic (PCI) where 29.6% shareholder Worldview has said that it may make a cash offer for the company subject to due diligence, etc, etc. Petroceltic shares have raced ahead by 85% to 20.1p valuing the company at £39.7 million. This is of course madness.

Paragon Diamonds - comedy update on Mothae is no joke for shareholders

Published 1257 days ago

You just could not make this up. Out of cash, out of a Nomad and now it seems out of vendors AIM-listed Paragon Diamonds (PRG) has announced (last night - after hours, natch) that the deal to buy the Mothae diamond project has hit a bit of a snag because the vendor has pulled out. But not to worry, they're off to negotiate directly with the government of Lesotho. What with? Fresh air?

Paragon Diamonds - the silence is deafening

Published 1269 days ago

On Friday 20 November, cash-strapped and suspended from trading on AIM pending financial clarification (and now also for having no Nomad or broker) Paragon Diamonds (PRG) announced it had rolled a previous £500,000 loan over into a convertible loan note of £638,750. The terms revealed included that if the company's shares remained suspended for ten consecutive trading days as 16 November 2015 from an event of default could be called by the lender. My calendar says that day ten was Monday of this week.

Range Resources; yet another embarrassment over the Lind default

Published 1282 days ago

News has just crossed the wires to remind us how abysmally “New Old” Range Resources’ (RRL) board of directors handled the transition after last November’s Abraham coup. The Western Australian Supreme Court has dismissed Range’s appeal to reverse the judgement made against it in paying the balance of the money it owes to Lind Asset Management. Range remains on the hook for at least $2.2million. Those Rangeologists that still exist might shrug their shoulders and say what after this summer’s Chinese refinancing of the company, but anyone considering buying this stock needs a timely reminder what they are getting themselves into.

Cloudbuy – has the Chairman just defaulted on his loan to EFH?

Published 1347 days ago

Our understanding of the small print of the ‘loan’ packages between AIM company directors and Equities First Holdings LLC (EFH) is that there are clauses which would trigger a default in certain circumstances. These include non-payment of interest, failing to meet margin call payments and a suspension of trading for more than three days of the stock which has been handed over to EFH. AIM-listed Cloudbuy (CBUY) has been suspended since last Thursday, when the (now ex-) Nomad resigned with immediate effect. The suspension has just entered day four.

Cloudbuy – has Chairman Ronald Duncan’s EFH margin call finally been triggered? What now?

Published 1361 days ago

Last year Ronald Duncan, Chairman of AIM-listed Cloudbuy (CBUY) did a deal involving a non-recourse sale and repurchase agreement with Equities First Holdings LLC (EFH), which was presented to the market so as to look like a loan. These deals typically have a margin call trigger written into the contract, and our understanding is that in this case the phone rings if the average closing mid-price over three days falls below 19.5p. As of yesterday’s close, that condition looks to have been met.

Tom Winnifrith GreeceCast will traitor Tsipras show spine & tell the banksters to screw themselves this time?

Published 1430 days ago

The IMF banksters have made new demands of Greece which are just not acceptable. Will PM Tsipras finally show some spine and tell the banksters where to get off, default and offer hope and a future for a post bankrupt Greece. Or will he once again be a traitor to his nation and his people and cave? This is now getting very interesting. Once again I suggest Tsipras reads the great Lord Byron (HERE) and thinks about what could be for a Greece freed from the debt and the banksters.

New World Oil & Gas; the most insane placement ever?!

Published 1487 days ago

Is there a better example of why AIM is in such desperate need of reform than New World Oil & Gas (NEW)? This is a company that has habitually lied to and misled its shareholders, paid its rapacious board of directors inordinate sums, delivered next to nothing for over two years and, lest we forget, foolishly gave €1million to a fake sheikh, in the bizarre hope of breaking into the Kuwaiti oil market. You couldn’t make this stuff up, so it almost defies belief that the company has been able to raise £1.5million this morning

Wouldn’t Grexit be bad for me personally? Yes. But why I support it 100% anyway

Published 1511 days ago

After yesterday's podcast, it was put to me by a Euro loving loon (but good man) on twitter that Greece defaulting on its debts and leaving the Euro would be bad news for me, as my wife owns a small property in Greece – the Greek Hovel. He is correct: anyone with Greek assets would take an immediate hit after Grexit. But here is why I support the move anyway.

Tom Winnifrith BearCast - Grexit would be great for Greece!

Published 1512 days ago

This is no longer thinking the unthinkable. Greece could default on a debt repayment in eight days. Grexit - mighty Hellas leaving the Euro - is now being planned for. In this podcast I argue that Greece should embrace Grexit.

Gulf Keystone determined not to go the way of Afren

Published 1516 days ago

Gulf Keystone’s (GKP) board might not be popular among shareholders at the moment, but it’s been left with little choice. The likely trigger of the Book Equity Ratio (“BER”) Put Option, when the company announces its next set of results, is a looming disaster for the company. If activated, Gulf will be required to make an offer to repurchase all of its $250million 13% Notes, issued last April, for $252.5million plus accrued and unpaid interest, at around the end of September. Given that Gulf had cash of $86.3million prior to this morning’s placement, and appears to be burning about $4million a month, shareholders were facing an Afren’esque (AFR) wipeout. After this morning’s actions, at least there is a glimmer of hope.

Sefton Resources; vote yes and Ellerton will keep his pension

Published 1586 days ago

So this is it for the Jim Ellerton Benevolent Fund (SER). After one of the most inevitable and agonising deaths in AIM’s history, at 4pm on Friday, Sefton’s directors finally admitted the game is basically up. The proposed “refinancing” will simply prolong shareholders’ agony for a few more months. The sale of Tapia will deny Sefton its only revenue stream and only the most fanatical Seftonologists believe that the company’s Kansas “assets” can be its saviour. Not ones for reading the fine print of RNSs, this hapless bunch has also missed one important little detail. A vote in favour of the revised Hawker deal will see Ellerton keep his pension.

Beaumont Cornish; has it failed miserably as New World’s Nomad?

Published 1716 days ago

The silence from New World Oil & Gas (NEW) is deafening. It’s been a week since I first revealed that CEO and Chairman Bill Kelleher’s February 2011 $550,000 default on a loan, which he secured against his private yacht Neftegaz. The company hasn’t sent its lawyers into battle nor made any attempt to deny the allegations. By mid-January this year, Mr Kelleher still owed $298,000 on the debt, despite having earned $1.56million from New World. A Texan court then ordered he surrender all of his eligible stock in New World in partial settlement of the loan. None of this has been announced to the market. I have previously asked what the company’s Nominated Advisor, Beaumont Cornish, knew about this. Today, I reveal what they should have known and question whether the historical relationship with Mr Kelleher has clouded the firm’s professional judgement. 

New World Oil & Gas; did directors dispose of 3.84% of the company’s stock without announcing it?

Published 1719 days ago

According to New World Oil and Gas’ (NEW) AIM Rule 26 Disclosure “5.19% of the Company's securities are not in public hands”. This is all well and good, but for one small problem. The figure should read 9.03%. Based upon previously announced director holdings, it appears at least three directors have disposed of or transferred holdings equivalent to 3.84% of the company’s equity, including (but not necessarily limited to) Bill Kelleher, Peter Sztyk and Georges Sztyk. New World has not issued any RNSs declaring disposals, so what on earth is going on?

Exclusive Expose; Did Bill Kelleher partially settle the $298,000 he still owed on his defaulted yacht debt with his company stock in January 2014?

Published 1720 days ago

On Friday, I revealed the Texas Community Bank’s legal action against New World Oil & Gas (NEW) CEO Bill Kelleher for his apparent default on a $550,000 debt. This was immediately before New World listed on AIM. Mr Kelleher had secured his unpaid loan on his private yacht, Neftegaz. In the original action the Texas Community Bank sought to take possession of Neftegaz, but by January 14th 2014 it seems that Mr Kelleher still owed $298,846.25 of the original debt. On this date the US District Court Southern District of Texas granted an Order for Turnover Relief against Mr Kelleher. It ordered him to “turn over for levy to the Harris County Constable… within ten days… all shares of stock in New World Oil and Gas, PLC, except those that he is restricted from transferring or selling under the terms of the agreement with his employer, cash and securities in bank and safety deposit accounts totalling $298,846.25”. Funnily enough, I can’t find any reference to this court order in an RNS.

New World Oil and Gas; will CEO Bill Kelleher repay his controversial loan at the end of this month?

Published 1722 days ago

In March 2013, one month before the company announced it had plugged and abandoned the non-commercial Rio Bravo exploration well, New World Oil and Gas (NEW) conducted a highly controversial £6.3million placement at 2p. The controversy stemmed from two sources. First, there was the suspicion that this placement was heavily forward sold, which resulted in the calamitous price. Second, New World lent vehicles controlled by its three executive directors a combined sum of  $1million so they could participate in the deeply discounted placement. CEO William Kelleher borrowed $333,000 from the company and the outstanding balance on this amount is due at the end of this month. After yesterday’s revelation of the Texas Community Bank’s legal action against him for nonpayment of >$550,000 in February 2011, will Mr Kelleher repay the money he controversially borrowed?

Exclusive Expose: Bill Kelleher’s default on $550,000 yacht debt at the time New World Oil & Gas listed.

Published 1723 days ago

In February 2011, just over two months before New World Oil & Gas (NEW) came to market, the Texas Community Bank brought a court action against CEO Bill Kelleher for failing to repay a $585,000 loan. This loan was a mortgage on Mr Kelleher’s private yacht, Neftegaz. With less than a month until Mr Kelleher is due to repay New World whatever he owes the company on the $333,000 he borrowed in March 2013 to participate in that month’s controversial placement, troubling questions have arisen about the state of Mr Kelleher’s finances, the extent to which he disclosed his financial difficulties and how these might have affected corporate decisions at New World. Would British private investors have been prepared to back a company, whose CEO had apparently defaulted on an outstanding $550,000 debt? More to the point what did New World’s Nomad Beaumont Cornish know about this? Surely mention of this live legal action should have been published in the original prospectus?

Capitalism works…even in Greece

Published 1841 days ago

As you know I have been in Greece for three weeks or more. And I come away in no doubt that the economy is picking up. Athens was almost buzzing whereas last year at the same time it was distinctly un-buzzing. Out in the boonies there has been less change.

ShareProphets

About ShareProphetsTerms of ServiceForgot My Password
Contact UsPrivacy PolicyForgot My Username
Advertise With UsCookie PolicyResend Account Validation Token
Send Us A Tip

Data by ADVFN / Site by Everywhen /