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Tom Winnifrith Bearcast Special: How did Nomad Allenby sign off on Servision interims - it is bust, broke, worth 0 fecking pence

By Tom Winnifrith, The Sheriff of AIM | Friday 30 September 2016


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


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.


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