Evil Knievil

The Evil Diaries: Timber!

The Evil Diaries: Timber!

1 mins. to read

Evil discusses ASOS, Quindell, the business leaders’ letter in support of the Tories, and Sam Cameron… I may have missed something (I doubt it) but ASOS (ASC) is on a PE of the order of 100 and profits are declining. Timber! The fan club would point out, if minded, that I have misunderstood matters. All…

Talk about South Sea bubble

Talk about South Sea bubble

1 mins. to read

Evil discusses naughty judges, Trinity Mirror and Gate Ventures… As I understand matters, the four judges who have been sacked for watching pornography on taxpayer-funded PCs really committed the offence (not defined in law) simply by using taxpayer-funded PCs. It would not have been an offence on their own equipment. The PCs I mean. Well,…

Hack reviews gobbling in action

Hack reviews gobbling in action

1 mins. to read

The best investment commentator in any mainstream newspaper today is John Ficenec, Questor of the Daily Telegraph. He consistently confines himself to common sense. Take for instance his bearish review today of Just Eat (JE.), now c. 350p. John makes this 32p net asset value where, if he will forgive me, I make it more…

A trip down memory lane

A trip down memory lane

7 mins. to read

Evil discusses Trinity Mirror, Afren and Edgar Wallace… Events at Trinity Mirror (TNI) and its subsidiary, MGN or Mirror Group Newspapers, moved on in Court last week. The defendants have accepted their liabilities and therefore the judge was not sympathetic to attempts to impugn the reliability of James Hipwell as a witness. James was grossly…

He can always apply to join the Green Party

He can always apply to join the Green Party

2 mins. to read

Evil discusses Afren, pragmatic Seattlers, and Indian weddings… At long last Afren (AFR) has been refinanced even if the price of the new shares has not yet been decided. Given that Afren is still above 5p the market must be mad. Bondholders have no intention that current ordinary holders should get £50m. A clear sell.…