Mothercare – “refinancing, restructuring and reorganising… to ensure a sustainable future”. Is there?
Tom Winnifrith Bearcast: Why I think Malcolm Stacey is wrong on Bigdish & good riddance you mendacious old hag
Published 59 days ago
Well it looks as if we will not Brexit on March 29th after all. But The Global Group UK Investor Show on March 30th in Westminster goes ahead and will be more informative and controversial than ever. The last chance to book seats is noon today
Published 73 days ago
As of today, The Global Group UK Investor show is already just over 80% booked out so do not miss
your chance to join 3,000 other investors who want to make more money from shares, on march 30
Published 159 days ago
Published 610 days ago
I’m continuing my look at forthcoming interims with the horror show that is the Woodford-backed RM2 International (RM2), first pointed out as an excellent bear tip by Graham Neary (HERE). One has to ask what the hell was Woodford thinking here?
Published 683 days ago
Following my initial piece on the Woodford-backed Eve Sleep (EVE) two weeks ago, I thought I would comment on today’s trading update which outlined great growth but it’s what it doesn’t say that worries me a tad.
Published 766 days ago
In this video from the storming success that was the 2017 UK Investor Show, Graham Neary, Lucian Miers, Tom Winnifrith, Matt Earl, and Gabriel Grego select two well known stocks set to collapse. And make sure that you keep April 21 2018 free for next year's UK Investor Show.
Published 792 days ago
You might hate bear raiders. You might think that short selling is unethical. But what you cannot argue with is that ignoring men such as Evil Knievil when they sniff out a fraud or accounting malpractice will cost you a packet. At last year's UK Investor Show the Country's top bears did a detailed presention on AIM darling Avanti Communications, one of the AIM companies most beloved by professional fund managers. Since that warning Avanti shares have collapsed by more than 90%. This year the bears have new targets.
Published 834 days ago
I am still boondoggled by the way that Avanti Communications (AVN) managed to get a refinancing away. You will remember that the cash guzzling satellites business which misses every operational target going was set to run out of what little cash it had left. Amazingly it persuaded its bond holders to agree to accept stacks of interest on its bonds in new ( equally worthless) bonds. And it got the institutional mugs to sign up for more bonds.
Published 851 days ago
It is now fifteen years since Nigel Wray & Tom Winnifrith started doing one day investor shows together. The first was in a snow covered Westminster now they celebrate a decade and a half of working together with what will be the most spectacular event yet. It will be the biggest with 121 companies exhibiting on the day. There is the strongest ever speaker line up and a raft of free prize draws as well as a gift worth £18 for everyone attending. So with 50% of the 2,500 tickets already reserved hurry up and grab yours today!
Published 976 days ago
Thanks to Steve Moore and Gary Newman we own shares in Xtract Resources (XTR). Both deserve P45s for that. I discuss this disaster as well as another hole in the ground in Bongo Bongo land which stinks - Armadale Capital (ACP). Then it is onto Newmark Security (NMT) - Graham Neary hang your head in shame for this exercise in nepotistic value destruction - before I look at Gulf Keystone (GKP) and the administration waiting to happen that is Avanti Communications (AVN)
Published 976 days ago
Yesterday you were asked if Graham Neary should be fired because he is just too "nice" to work here. The shock results of that poll are below as is the winner of our guess the chart contest from Monday. To the baby seal/ Andrex puppy P45 for Neary poll first.
Published 977 days ago
In these times of austerity we are all in it together but sometimes one needs to consider a bit of budgetary restraint one must always look at ones overhead. In that vein, while Graham Neary said "sell" Fastjet (FJET) yesterday many of us feel that he was still too charitable. And then there was his article on Cloudtag (CTAG) where he failed to conclude that it was a worthless fraud. Is Graham just too nice to work at ShareProphets. I have a P45 with his name on it but should I use it? It is up to you to decide, the deadline for voting is midnight today (Wednesday 21st).
Published 978 days ago
So the London Stock Exchange (LSE) has just sent me 24p. Fear not, I shall not spend it all at once but on what do listeners think I should splash out? Meanwhile Graham Neary is just too nice to FastJet (FJET) today and unless he can start to act a bit more like a complete and utter bastard I fear that I shall have to fire him as he just won't fit in at ShareProphets. I explain why Fastjet is toast. I look at Charaat Gold (CGH) and also at how sometimes we get carried away by short term events and ignore the bigger picture - I refer in this case to Nighthawk (HAWK). I also ask why after 18 days African Potash (AFPO) has not sued me for libel for pointing out that it is a fraud? Go on you mothers I want to see you bitchez in Court. The gym I refer to is HERE.
Published 995 days ago
Hell: who cares if a company on AIM tells a blatant lie about a big order a few days before a bailout placing? African Potash (AFPO) reckons that is okay and now it appears that the most ramped stock of the moment, Cloudtag (CTAG) thinks that it is just part of the game too. Does anyone care about the rules any more or is fraud now acceptable on AIM?
Published 1003 days ago
Earlier this month I looked at Entertainment One (ETO) unanimously rejecting a 236p per share takeover proposal from ITV and whether ITV would be back - see HERE. Now we have an “ITV withdraws proposal to acquire eOne” announcement...
Published 1009 days ago
The only fool worse than an old fool (Malcolm - see HERE ) is a young fool, that is to say Graham Neary, see HERE. Maybe I should fire Graham. What do you think? Having discussed why young Graham is being foolish I move onto gold. Is it too late to buy gold shares? Why is Paul Jourdan not adding Caledonia Mining and how should you buy exposure if you have none?
Published 1020 days ago
I have met with an unprecedented barrage of hate and harassment from folks in Liverpool as I describe here. Moving on from that I ad my thoughts to those of Gary Newman on Sound Energy (SOU) and Graham Neary on FastJet (FJET) and chip in with a few ideas on Motif Bio (MTFB), African Potash (FRAUD), GLI Finance (GLIF) and Cloudtag (CTAG)
Published 1031 days ago
My esteemed colleague Graham Neary, a bloke whose analytical powers are tremendous, opined the other day that drinks firms make investors lots of money. Most of them, anyway. He was writing about Fevertree (FEVR), a company which puts a superior kind of tonic water into gin and tonics. I’ve also commended this lot on this delicious website before now. Since then the shares have risen about 40%.
Published 1085 days ago
Over on TomWinnifrith.com, Tom writes about the latest person who has annoyed the Daily Mail (and thus, Tom), drinking ouzo down the Kambos pub, and waging the WW III against snakes and rats.
Published 1110 days ago
In this podcast I start with Baby Bear, Graham Neary, and why he is wrong on Fastjet (FJET). The trouble is that he is being too nice. Baby, try to remember that we bears are meant to be complete and utter bastards. I then discuss my own Greek planning woes and those of Minoan (MIN). Then it is onto e-therapeutics (ETX) and today's RNS which stinks to high heaven. This is now an A1 bargepole stock. I then cover Atlas African (AAI), Andalas (ADL) - what price the next placing? - Hague London (HNL) and MX Oil (MXO) again what price its next placing? 0.1p looks about right to me.
Published 1115 days ago
I rather think that the lineup of main writers is now complete. Joining myself, Malcolm Stacey, Amanda Van Dyke, Lucian Miers, Steve Moore, Nigel Somerville, Gary Newman, Chris Bailey, Thierry Laduguie, Evil Banksta and Cynical Bear we now - as of today - have Baby Bear, aka Graham Neary on board.
Published 1250 days ago
Having slipped badly following its profits warning and the start ( yes start) of a process of scrutiny by the Sheriff and his posse, the share price of FastJet (FJET) is up by 20% to 52.75p today thanks to news that it is launching flights from Tanzania to Kenya. Fear not this remains a sell with a 0p target.
Published 1256 days ago
Thank you Santa for this early present. Aussie poltroons Slater & Gordon (SGH) have issued another profits warning with its UK businesses, notably those bought from Quenron (QPP), blamed. Bankruptcy in 2016 now looks a slam dunk cert.
Published 1257 days ago
This was one of the sparkiest sessions at Gold & Bears and I loved it. Each of myself, the bard of the Boleyn (Lucian Miers), the Dark Destroyer (Matt Earl) and Baby Bear (Graham Neary) selelected two stocks we thought were going to zero and explained why. They were: Fastjet (FJET), AO World (AO), Gulf Keystone (GKP), Slater & Gordon (SGH), Avanti Communications (AVN), Plus500 (PLUS), Tungsten (TUNG) and - bugger me - I can't remember Matt's other pick. Watch the video to find out, its a stormer.
Published 1277 days ago
We have now had a few last minute return tickets become available for Gold & Bears on Saturday and you can get your hands on them today. We will email them out tonight. And with speakers from across the world lined up Saturday looks set to be explosive. The SuperBears 7 big name stocks to go to zero session with myself, Lucian Miers, Graham Neary and the Dark Destroyer Matt Earl is set to really get the lawyers excited!
Published 1306 days ago
Breaking news: We have a new speaker at Gold & Bears, Gabriel Grego the author of the report that exposed the Globo fraud is flying in from New York as a new headliner. This guy is good.
Published 1313 days ago
Circumstances change, share prices change and so ones evaluation of what is in sight as a good short always changes. Challenged by a reader I serve up my ten top shorts/sells for Christmas, with one caveat.