Woodford Patient Capital Trust: The Big Short (April update) – Equity Income Fund ups its debt level to £170m!
UPDATED: Julie Meyer really has made the Maltese Cross - are legal proceedings being accelerated and what happens after the next no show?
Published 5 days ago
On a post approved by ShareSoc on its blog, Roger Lawson has today commented on the incident I described in bearcast on Monday - the email I received in response to my fraudbusting work. I have made Lawson aware of the content of that email currently with the Police so something I cannot publish - but it is the most disgusting material about my wife of Indian origin. Yet he is unapologetic for writing in a way that trivialises it and has refused polite requests to withdraw his article of today. Roger, may your soul burn in hell for your failure to see hate crime against an innocent woman, committed by someone not wanting fraud exposed, for what it is. Roger comments on Audioboom. My comments are in bold.
Published 42 days ago
My new best friend Roger Lawson of ShareSoc has written about the firesale of Conviviality (CVR) assets. He is right but also wrong. What has happened tells us as much about the illusion of asset backing as it does about the way administration works.
Published 85 days ago
In today's bearcast I discuss the corporate history of Sir Henry Bellingham MP notably the fraud he was deeply involved with for six years - 3DM. That leaves me backing today's calls for him to resign from Pathfinder Minerals (PFP). He is a massive red flag just like ex Tory MP Tony Baldry now of Westminster (WSG) but who was also involved in the nest of vipers that was 3DM. I discuss my settlement with Roger Lawson of ShareSoc. And then I look at the bizarre share transactions at BCA Marketplace (BCA) and what they mean, i.e SELL!
Published 86 days ago
Roger Lawson and Tom Winnifrith have agreed that Mr Lawson's legal action against Tom Winnifrith for libel will not be pursued further. Life is too short. Both men are agreed that nearly all of the work done by each other on seeking reform of AIM and in campaigning against poor corporate governance is worthwhile. There are too many ways in which the stock market needs reform and too many individuals who break the rules that do exist, for energies and money to be wasted on a fight that will enrich only lawyers.
Published 156 days ago
I hold no candle for either Roger Lawson of ShareSoc or ADVFN (AFN) but Lawson has made the most serious of allegations about ADVFN's AGM of last week which surely the company needs to answer and thus I bring Lawson's words to a wider audience. While he is at it Lawson has a go at ADVFN's business model and its blockchain spoofery.
Published 157 days ago
I gave another bearish assessment of IDOX (IDOX) in Thursday's bearcast and the shares duly fell again sharply on Friday. They are now 30p valuing the company at £124 million. I am afraid that is still too high. Roger Lawson of Sharesoc is a bearish stale bull
Published 195 days ago
The old goat has turned over a new leaf and today really sticks it to Blancco Technology (BLTG) in which he admits he has a trivial holding. I doff my hat to Lawson for that and his comments on the ShareSoc blog are spot on. Personally this company's revenue recognition policies stink so much that I'd have to rate it as a sell.
Published 214 days ago
Roger Lawson of ShareSoc bought a few shares in Rosslyn Data (RDT) as a recovery punt in a placing. That he was able to get EIS relief added to the attraction although I still worry he will lose money on this company which I have highlighted many times (HERE) as a howling dog even by the standards of AIM. Lawson attended the AGM yesterday and reports back on what appears to have been a curate's egg in his mind. I think he is being well generous.
Published 254 days ago
Old Lawson may still be pursuing a ridiculous claim against me for libel, he noted this week that he had another meeting with his lawyers, but credit where credit is due, the old fool has nailed the shambles last week at Barclays (BARC) stockbrokers perfectly. And in a posting on the ShareSoc blog he gives advice on what to do if you have been jerked around. This is an example of the good work he can do when he is not distracted by falling in love with companies such as Globo. Over to Lawson:
Published 261 days ago
A hat tip to ShareSoc's Mark Bentley for flagging up the case of Dennis Proctor, the former CEO of oil services group Hunting (HTG), whose "retirement" is a total scandal.
Published 292 days ago
On Monday evening we were treated to the shock news that blur (BLUR) founder Phil Letts had been given the order of the boot just 18 days after his ghastly Mrs Kara Cardinale was also handed a P45 and a black bin liner. While the two of them relax at their luxury Devon Estate, shares in blur have enjoyed a relief rally to 4.75p ( now just 98.5% off their peak) but is that share price spike justified. Like hell it is.
Published 293 days ago
ShareSoc is starting to make some really very sensible points. Today, one of its contributors, has, rightly, taken the great and the good of the City of London to task over the shameful rule changes designed to ensure that Saudi Aramco floats here. Like the author, Mike Dennis, I would not touch that IPO withn a bargepole.
Published 296 days ago
My good pal Roger Lawson will be receiving a superb see you in Court Bitchez letter from my lawyer tomorrow addressing his allegations of libel to go with the one I sent last week concerning his claim of harassment. On Friday his lawyers wrote to poor Audioboom (BOOM) bullying it to take down an April 2016 bearcast So here is a new bearcast for Roger, for ShareSoc, Mr Lawson and for Barbara Streisand.
Published 297 days ago
Are there no depths to which Roger Lawson of ShareSoc, Globo and blinkx fame will not go in order to silence me as part of a free press? The latest trick from Roger and his bully boy lawyers Keystone is to have a go at Audioboom.
Published 299 days ago
Roger Lawson of ShareSoc is determined to use his wealth to stop publication of legitimate comments about his writing and share dealing activities and has thus threatened me, Tom Winnifrith with both a libel case and an injunction for harassment.
Published 303 days ago
Former ShareSoc chairman Roger Lawson, who has threatened to sue Tom Winnifrith, is the sponsor of this week's Bulletin Board Moron contest. Yes he sponsored last week's contest as well but he still has a few of the Globo sharesw he promoted so enthusiastically to hand out as a prize so Roger is back again
Published 304 days ago
The top story this week (and several others in the top ten) is regarding former ShareSoc chairman Roger Lawson's threat to sue Tom Winnifrith over Tom's writings.
Published 310 days ago
Today's the day that African Potash gets slung from the NEX markets or has the rules bent for them, so in normal circumstances it would sponsor this week's contest. But there is an even better sponsor, step forward Roger Lawson of ShareSoc who will donate some of the Globo shares he owns as a prize. Natch, Lawson sold most of his Globo shares before telling readers to sell, but he still has some left and even offered to help the management take the company forward.
Published 310 days ago
A formal response to Roger Lawson's outrageous lawyers letter will follow in due course. But in this detailed podcast I explain why the letter he sent is so pitiful and wrong and why I shall fight to ensure that his antics are exposed. It would set a very bad precedent were there to be any other result. For ShareSoc the implications of this case are laid out and it will not enjoy what is set to unfold one little bit.
Published 311 days ago
Five days ago someone who you would say had a career death wish, if he had actually got a career, sent me a stern lawyers letter demanding that I pull all articles on him (going back 40 months) pay him damages, never write about him again and publish a grovelling apology dictated by him. I asked you to guess who has been so daft and 92% of you got it wrong.
Published 315 days ago
Don't these fools ever learn? For chancers and crooks like Darren Winters, the shysters at Globo, Blinkx, Quindell and Daniel Stewart and for lyin Chris Cleverley and Lord Hain of sleaze and for so many others, sending me a fascist lawyers letter never works out well. That is not for them at least. But it seems there is one born every day. A new letter is in demanding that three years of articles be removed, that damages and costs be paid and that I put my name to a grovelling apology dictated by this poltroon. Who do you think is daft enough to have sent it? Vote now in our latest poll with a deadline of midnight tonight.
Published 316 days ago
The ShareSoc blog it can, now and again, have some cracking material - today it exposes Interactive Investor Limited for putting its clients cash at risk to screw extra cash out of them. This is shocking. and anyone with a stockbroking account at iii or TD Waterhouse which it now owns should open an account elsewhere and start moving spare cash and the proceeds of share sales there. iii is clearly run by total bastards.
Published 322 days ago
"When's the Big Sofa (BST) placing?" said one of our contributors after results last week. Well "there isn't one" said the company. Over at Value the Markets they claimed that the company had guided that it would do calendar 2016 sales of £1.5-£2 million when it listed (sales came in at £757,000). Given that miss VTM said "take profits" and Leon Boros of the discredited abusers and rampers nest that is ShareSoc tweeted this aggressively. But there was no official guidance from the company- that was not true. The company listed on 19 December 2016 - is anyone really claiming it guided to £1.5-£2 million 6 days before Christmas and 12 days before the year end when it would have know that its sales just ahead of the Christmas break were going to be c £757,000 ( the eventual FY number) . What total bollocks.
Published 325 days ago
Late on Friday, at no-one is watching O'Clock we learned that Po Ling Low had quit as FD of AIM listed China fraud Aquatic Foods (AFG) with immediate effect. Really? It was 5.21 in London so it was 1.12 in the morning in China. Did Po really walk the plank so late in the evening. Clearly that was just another lie from this slam dunk fraud.
Published 341 days ago
The Times yesterday ran an article "Investors take aim at LSE’s mistrusted upstart - Stock exchange defends Alternative Investment Market but its critics are losing patience", which it painted as a major attack on AIM. In fact it appears to have found one new critic - Standard Life - which, having done its conkers on Fusionex (FXI) because its fund managers knew better than our writers here who issued repeated warnings, now seems to think AIM has a problem. On which fucking planet has Standard Life been for the past ten years?
Published 351 days ago
Though this was posted on ADVFN, the poster was Leon Boros of Sharesoc who is no moron. It raises some massive red flags about IDOX (IDOX) and having read it this I rather conclude that this is a share one does not have to own.
Published 359 days ago
ShareSoc it is starting to serve up some opinions of worth. Its latest comment on the RBS scandal is bang on the money and shows why the UK Financial system is flawed and will screw we little people every time.
Published 440 days ago
A busted clock and all that,Roger Lawson has posted something on the ShareSoc blog for his three readers which is actually bang on the money. Although it is written in his normal pompous and tedious style for once he is bang on the money. His comments refer to secret cautions by the FCA - a system which just does not work.
Published 442 days ago
Last week I asked you explain which of the four companies whose logos I showed ( Globo, Cloudtag, Naibu & Polly Peck) was the odd one out. A few of you were game enough to have a stab as you can see HERE.
Published 450 days ago
ShareSoc does some great work for private investors. Sadly its former chairman Roger Lawson of blinkx & Globo fame- taken apart brilliantly by Paul Scott HERE - continues to behave in a way that is not quite right. He was at it again last night and also a week or so ago.
Published 454 days ago
Roger Lawson the chairman of ShareSoc is of course a great expert on tech stocks. That was why he was able to dismiss so easily criticism from myself, Ben Edelman and Paul Scott about blinkx (BLNX) and Globo (GBO), two of his big holdings. Now it seems that another "Lawson winner" emerges - NCC Group (NCC) which had an awful statement yesterday as I explained HERE..
Published 490 days ago
Who has just written "I said in our last newsletter that my portfolio performance was disappointing in 2016, but I am feeling a lot better now as I made a reasonable profit and better than most of the "expert" tipsters it seems. Perhaps the moral to be drawn from this news is that it might be best to do your own research rather than pick up tips from others and rely on them for investment purposes. Reading the national press or other publications might be useful for picking up ideas, but you should consider any tips with an appropriate amount of scepticism until you have researched the companies and fully understood what they do and their financial structure. In other words, don't simply believe what you read.
Published 525 days ago
Here we go again. Wicked and evil bears launch an attack on a great British company and Roger Lawson of ShareSoc insists he knows better, just like he did with Globo and Blinkx, and attacks the bears. He opines on his blog with three readers:
Published 560 days ago
ShareSoc director Mark Bentley has taken to the society's blog about events at Redcentric (RCN) and related party MXC Capital (MXCP). He is bang on the money. He shows that there is only one rotten apple in the ShareSoc barrel and it can do good work. As a non shareholder in Redcentric I was planning to flag up much of what is below but cannot put it better than Mr Bentley who wrote:
Published 570 days ago
In this podcast I look at the Hillary Clinton bombshell and what it means for the election and shares, something I cover in more detail HERE. Then, for the benefit of Paul Scott, I set the record straight on ShareSoc - I have every right to say it should not get the taxpayer cash it demands. Then I explain insider dealing and the difference between how I treated Reach4Entertainment (R4E) and Cyan (CYAN). Finally I suggest that heads must roll at Northland over the Management Resource Solutions (MRS) scandals.
Published 572 days ago
After accusing me of being part of the problem on AIM yesterday and threatening to sue me for libel if I did not shut up, I decided not to shut up. Thus Roger posted:
Published 574 days ago
The chaps at ShareSoc led by Roger Lawson have written to the Business, Innovation and Skills Committee inquiry on corporate governance with a number of suggestions on cleaning up AIM. First up, send large amounts of taxpayers cash to Lawson and his pals. You could not make this stuff up.
Published 601 days ago
It was an interesting experience listening to the Radio Four show “File on Four” yesterday evening at 8pm. It was a programme about fraud on AIM, with a big focus on the China Frauds we have exposed right here on ShareProphets. There have been plenty of other frauds which have resulted in Tom Winnifrith being in receipt of lawyers’ letters, death threats and much more besides. And with reference to the China Frauds, it is here that you read it first. So why is it that the Beeb didn’t bother to get in touch with us directly?
Published 602 days ago
In this bearcast I refer to my article on the Trump & Clinton debate overnight and what it means HERE and the latest shocking expose of Quindell fraudster Rob Terry HERE. I warn about bad things happening in Euro land and the worst of tem all is Deutsche Bank. There is a Radio 4 programme tonight on AIM fraud at 8 PM. I am not involved but some fine upstanding members of the community are. that is irony in case the loser Roger Lawson thinks I have forgiven him and ShareSoc for defending the blinkx law breakers by smearing me and Ben Edelman.Elsewhere I look at the role of certain NEDS who are Tim not so nice but fucking dim. I cover the Cloudtag (CTAG) scam, Northern Petroleum (NOP) - placing ahoy _ and Imaginatik (IMTK) as well as China fraud Jiasen (JSI)
Published 671 days ago
I had to buy a copy of the Guardian for Dad today and carry it home through the streets from the newsagent. How I am shamed in front of my neighbours. Meanwhile dad is reading books I own by Peter Hitchens, Niall Ferguson and Melanie Phillips and is loving them, as his inner reactionary is exposed. On the markets I look at Servision (SEV), Xtract Energy (XTR) - Steve Moore and Gary Newman you are FIRED! - Gulf Keystone (GKP), Taihua (FRAUD), Oxford Pharma (OXP), Judges Scientific (JDG) and another bad day for disgraced Roger "Ramper" Lawson of ShareSoc, Kennedy Ventures (KENV) and finally the poltroons stock of choice for today, Nyota (NYO).
Published 711 days ago
ShareSoc, home to disgraced ramper Roger Lawson of blinkx, Globo and general infamy, reckons that AIM Can lose its Casino tag but needs reform. On the latter point that seems like a statement of the bleeding obvious but what does ShareSoc demand? Honestly you could not make this stuff up.
Published 801 days ago
I repeat my request re itunes - please go give Bearcast a 5* rating now. Then I refer to Amanda's piece earlier which is a compelling lesson in why its right to be a bear. Finally I explain why I am a mean bastard when dealing with Dr Harold Shipman, oops I meant Roger Lawson of ShareSoc.
Published 924 days ago
The joint administrators of Globo plc (GBO) have further emphasised that they “do not anticipate that there will be any return from the administration for the shareholders” and have updated that “cancellation of the company's AIM securities will take effect from 7am 1 December 2015”…
Published 931 days ago
Roger Lawson suggested, on the ShareSoc website , that he and other shareholders in Globo (GBO) might go in and assist the board. I guess his services won’t be needed now because it is all over. A bad call by Lawson and another win for the bears.
Published 933 days ago
In this podcast I look at Roger Lawson of ShareSoc and his latest ludicrous statements on Globo (GBO). Does he not realise it is game over. Bust. A fraud. A dead parrot.,Yet he still snipes athe bears and makes suggestions for the way forward. Then it is over to ISDX and its supporters - the young and naive - flip flop Turney and those with other motives, David Lenigas. I write in light of the humiliating failure of the Lenigas Cuba fundraise - see HERE
Published 941 days ago
I have long criticised Roger Lawson of ShareScoc He wrote supportively on blinkx (BLNX) without declaring a position and attacked folks like myself and Ben Edelman who disagreed, declaring that he was a “software expert”. It now appears that the software expert was also long of Monitise (MONI) and Globo (GBO)
Published 1001 days ago
That blinkx (BLNX) is a total dog is now beyond doubt. Steve Moore and I called it right and we are still bearish (see HERE) but now it seems that shareholders are waking up and that for CEO Brian Mukherjee the “black bag” day may be looming. Even Roger Lawson of ShareSoc is on his case.
Published 1002 days ago
I leave it to Steve Moore to have the pleasure of plunging the knife into the dog blinkx (BLNX) after its profits warning HERE. It is a dog pure and simple and the shares, at 21p, are a stonking sell with a 12p target for starters. On the matter of blinkx we long term bears are again vindicated while the self-proclaimed expert on the stock, the disgraced ramper Roger Lawson of ShareSoc is one more shown up as a fool as well as a knave. But now to EBITDA.
Published 1140 days ago
Today’s trading statement from blinkx (BLNX) must be making even Roger Lawson from ShareSoc splutter into his cornflakes as it is truly dire. No wonder that the shares, 90p a year ago as Lawson said the bears did not know what they were talking about, are just 28.5p and falling. And worse is to come for this POS as a 100% vindicated Ben Edelman will be having another go at www.UKInvestorshow.com on April 18 in Westminster.
Published 1152 days ago
Having warned on this website over a year ago that I would be nervous holding shares in scientific instruments designer and manufacturer Judges (JDG) at a then more than 2200p and reiterated at 1550p a couple of months ago, the following updates with the shares currently having fallen below 1500p today on the back of results for a self-declared “disappointing” 2014 calendar year…
Published 1420 days ago
We faced down the bully boy lawyers from blinkx (BLNX) & threats from Bulletin Board Morons to bring you Ben Edelman at UK Investor 2014. At the time the blinkx fan club (step forward Citi– Buy target price 175p, have you guys adjusted that yet?) Bryce Eldercock at the FT, dimwit Harriet Denys at The Telegraph and Roger Lawson of ShareSoc dismissed Ben as saying nothing. You guys all so sure now?
Published 1420 days ago
"S. Brian Mukherjee, Ed Bridges at FTI, ultra-thick hackette Harriet Denys, Citi Group, Numis Securities, Richard Eaton of bullyboy lawyer Twobirds, Roger Lawson--we have beaten them all. We have beaten them all. S. Brian Mukherjee can you hear me? S. Brian Mukherjee, I have a message for you in the middle of the share price collapse. I have a message for you: We have been 100% vindicated on your POS stock. S. Brian Mukherjee, as they say in your language in the boxing bars around Madison Square Garden in New York: Your boys took a hell of a beating! Your boys took a hell of a beating." Yes blinkx (BLNX) has served up a disastrous profits warning.
Published 1491 days ago
ShareSoc does great work campaigning for private investors, for greater boardroom accountability and transparency. But right now with regard to blinkx (BLNX) it is ShareSoc and its deputy chairman Roger Lawson who have the questions to answer*.
Published 1505 days ago
Following Ben Edelman’s presentation at the UK Investor Show at the weekend, ShareSoc Deputy Chairman Roger Lawson has published a blog entitled ‘Impressions of a self-publicist, and Blinkx’. I’d concur with Doc Holiday that it is the quality of the work rather than whether the writer is perceived to be someone ‘of modesty’ or not that is of relevance.