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Bearcast

Tom Winnifrith Photo Bearcast: Ouzo time as asset strippers crash & burn, MRS scandal and FastForward Joke

By Tom Winnifrith | Saturday 25 March 2017


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.


Next week may be disrupted by events in Warwick as I discuss at the end of this podcast but I shall be at UK Investor Show come what may and really hope you join me and 3,000 others there - book now for tickets to be sent on Monday HERE. In this podcast I look at Management Resource Solutions (MRS), why its RNS statements just do not add up at all and why I hope for bankruptcy. I also look at the latest news from FastForward (FFWD) which - if you do a bit of digging is a 100% rum and coke. Finally five years after certain folks turned down cash offers for Rivington assets preferring to asset strip them I bring you photos of a Master Investor show hall promising 5,000 attendees but in fact almost empty.  Photo one shows c500 folks in the main hall, the stands at the same time are almost empty! Ouzo time for me, a cup of cold sick for the asset strippers. It is hard to resist the temptation to gloat and indeed I found it just too hard. It is ouzo O'clock.

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