Tom Winnifrith Bearcast: Woodford and another £10m down the Proton Partners pan - a new valuation scandal
Published 68 days ago
Writing on professional services consultancy to the construction and engineering industries, Driver Group (DRV) on Monday it was from “transformative turnaround” to profit warning… in 3 months! – and the shares closed at 52p, having been above 70p last week (though with a noticeable fall on the Friday – hmmm!) and above 80p in December. There’s now since followed three “Director dealing” announcements…
Published 1174 days ago
I shall not curse West Ham by going to watch the match tonight at The Conservative Club but for Striebs and others I am aware what is happening. Instead I shall be watching the new series of Grantchester with the Mrs and Oakley and I recommend it to one and all. I look at the latest Horse Shite ramp from David "I am incapable of telling the truth" Lenigas and flag up a placing rumour at UK Oil & Gas (UKOG) and also Regency Mines (REG). I look at the Pathfinder (PFP) disaster in detail and at Driver (DRV) where the curse of Steve "shagger" Norris strikes again. Madgascar Oil (MOIL) confirms that minority shareholders will be buggered and I look at the farce at Edenville (EDL). So that is three companies operating in Bongo Bongo land where PIs have been screwed today. Then there is a detailed look at games developer Frontier (FDEV) where the valuation is a rum and coke even after today's profits warning.