Latest Views & News

Zoetic & its covid excuse that bears no scrutiny

By Tom Winnifrith | Wednesday 4 August 2021


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.


The fraud Zoetic (ZOE) said, on 17 May 2021, that its results for the year to 31 March 2021 would be out in July (2021). But instead of delivering its numbers, it served up trading statements on July 1 and July 29 and last night said that covid had caused delays and the results would be out in August. That is both a lie and an admission of a rule breach.

Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £5.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

MADE

Made.com – Gotcha!

Monday »

Tom

Just 26 days to go: Book Now!

Sunday »

Beggar

Me and “The Millionaire Next Door”

Tuesday »

SNX

Synectics – a recovery Buy?

 

GetAFix

Malcolm Stacey is Moving House

Monday »

WG

Wood Group - a Buy (again)?