Evil Knievil

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…

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.…