Evil Knievil

The Evil Diaries: “Cor Blimey!”

The Evil Diaries: “Cor Blimey!”

1 mins. to read

I made good money out of shorting Quindell (QPP). So I am not unsympathetic to the possibility of QPP being overvalued. How would I be? But I am prepared to change my mind. And here is such a moment. The fact is that the average punter has decided that because the SFO are having a…

The Evil Diaries: “This country is run by madmen”

The Evil Diaries: “This country is run by madmen”

1 mins. to read

You got to hand it to Rob Terry. As soon as the SFO announced that they were going to work over Terry he graciously commented that he would of course be doing everything to cooperate – as if he had the choice. Anyway, it looks pretty clear to me: Quob Park (whatever that corporate vehicle…

The Evil Diaries: “Witchfinder General”

The Evil Diaries: “Witchfinder General”

1 mins. to read

In 1968 I saw Witchfinder General, which covered some obsessive puritan who went round fingering alleged witches and then killing them off. I took it as a warning as to what can happen when vile regulators are given excessive authority. And I mention this since I reckon that a later generation of this lot have…

The Evil Diaries: “The great Corbyn joke goes on”

The Evil Diaries: “The great Corbyn joke goes on”

1 mins. to read

The great Corbyn joke goes on. I haven’t tried it myself but it is possible to join the Labour Party several times over as one’s contribution to Conservatives for Corbyn. More reports please. ***** My nephew Thomas stuck his head in yesterday. He lives in California about twenty miles from San Francisco and works for…

The Evil Diaries: Foxtons, Pets At Home and Globo

The Evil Diaries: Foxtons, Pets At Home and Globo

0 mins. to read

You could knock me over with a feather. As soon as I went through today’s half year RNS from Foxtons (FOXT) I decided that the share price would go straight down through 200p. But, instead, at the time of writing, it is hovering around 240p. It is true that I do not like the cut…

The Evil Diaries: The BBC, Lord Sewel, Polo and Gold

The Evil Diaries: The BBC, Lord Sewel, Polo and Gold

2 mins. to read

As is well known the BBC is fairly left wing and therefore has great difficulty understanding anything to do with business. Take the term ‘secretive’ as in secretive companies. The idea of an off the shelf company run by a lawyer in an offshore jurisdiction being secretive is risible. This is because a company cannot…

The Evil Diaries: “head for the funny farm”

The Evil Diaries: “head for the funny farm”

1 mins. to read

Apparently the miners capitulated on Friday evening. If so, punters should write Glencore (GLEN) puts (that is what the chairman has been hard at) and hoover up miners at a discount – Polo (POL) springs to mind – OK, yawn if you wish. Another highlighted last week was GRIT – OK, hold your nose as…

The Evil Diaries: Beximco Pharma, Madagascar Oil and Globo

The Evil Diaries: Beximco Pharma, Madagascar Oil and Globo

0 mins. to read

Beximco Pharma (BXP) reported this morning on the half year to 30th June 2015. They are a really strong set of figures. As has been noted here many times before the GDR’s, now 20p, enjoy underlying earnings of 4.3p p.a. At the GDR price BXP is capitalised at £75m as against tangible net assets of…

The Evil Diaries: Apple, Mothercare and Totally

The Evil Diaries: Apple, Mothercare and Totally

1 mins. to read

The chairman told me about Apple (AAPL on Nasdaq) before the results and that he was short. The chairman has scored. This morning’s DTel’s John Ficenec considers the proposition that Apple may have become too successful for its own good. He is an elegant writer and I suspect, having been a a couple of years…