Wirecard (WDI on Frankfurt) yesterday pointed out to Morgan Stanley that no current or past staff of Wirecard had anything to do with Wirecard UK Limited. However, it seems that Mr Rudiger Trautmann was appointed a director of Wire Card UK Limited on 27th July 2006. Mr Trautmann was COO of Wirecard from 2005 to…
As the US presidential election hots up, the serious mud-slinging gets under way. It is staggering just what dirt – it is all palpably accurate – surrounds the lead candidates. To some, all this is old hat but to younger readers/viewers I suggest a visit to YouTube.com and inserting Hillary Clinton: A Career Criminal. It…
Quite why Petroceltic (PCI) is 8p bid I have no idea. The bidder owns 30% already and has squared the banks. There is virtually no chance that anybody else can intrude. The price should be around 2.9p. ***** If you have not so far read Victor Hill’s excellent piece in yesterday’s Master Investor where he…
We kick off this morning with a report by Zatarra Research (zatarraresearch.com) into Wirecard (WDI on Frankfurt). This is a big company and there is plenty of stock to borrow. Punters should plunge virtually without reserve on this one cognisant that this informant, your diarist, does not know when the implosion will occur. But it…
Those with longer memories will recall the 360 economists who opined very early on in Thatcher’s reign that her policies would be disastrous when in fact the policies proved to be just what the country needed. Today we get the update in the form of 200 “Business Chiefs” who have signed a letter to The…
I have often wondered whether it is possible to stroll in a casual and unannounced manner up to a drilling rig and environs and snap away to helpful effect. However, I have been sent just such a pic with a dial pointing to 1,000. I do not know whether this shows pressure or flow rate…
It’s been a long wait but I understand that there are some substantial firm bids around for Pantheon (PANR), now 92p. Fingers crossed. It might be a good wheeze to get in before the weekend. ***** From the March 2016 edition of Prospect, here is Philip Collins, a Times leader writer and former chief speech…
Some readers may recall that perhaps seven weeks ago I remarked upon the fact that I, using my PoA on behalf of my brother-in-law and my London-based son-in-law, had been unable on Monday 21st December to buy Watchstone (WTG) (nee Quindell) since the regulators at Charles Stanley had decided that Watchstone was, for their purposes,…
After hours last night in America, Zillow (Z) collapsed again – this time to $16 – whilst Nu-Skin (NUS) collapsed from $30 to $24. What is really happening is that these essentially useless companies (so ably highlighted as such by Andrew Left of Citron years ago) have finally come to be seen as such by…
It has taken a long time to gather this far but it does seem that Master Investor’s annual assembly (23rd April in Islington) has caught the public’s imagination big time. I’ll try and persuade the organisers to include a serious drinks assembly area. There is no guarantee of success. So, here’s hoping. ***** I have…
