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,…
It seems to be the case that many private investors are drawn towards AIM stocks, perhaps as much to do with the thrills and spills they offer as the returns they might bring. However, if we are rational, most of us would concede that the FTSE 250 is probably the area which has the best…
The Markets Accounting giant Grant Thornton is being sued by the Manchester Building Society (MBS) for a total of £49 million. It is claimed that Grant Thornton accountants exhibited negligence when auditing the society’s accounts between 2006 and 2013. In particular, it is alleged that Thornton had given poor advice on how to account for…
By Dave Evans of Binary.com Euro Hits 12 Year Lows Last week was another poor week for the euro, with the EUR/USD plunging to fresh 12 year lows as European Quantitative Easing started to bite and dollar index rode to new multi year highs. EUR/USD Daily Chart The dollar index ended the week on a…
It would appear that the old cliché of the Gold Rush is also pertinent in terms of the housing market. Those who are involved in the ‘picks ‘n’ shovels’ look to be flourishing. Perhaps it may be argued that the likes of Savills (SVS) or Rightmove (RMV) will actually be less risky when or if…
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…
Join SBM at the Master Investor show 2015, from 9am on Saturday 25th April, at the Business Design Centre in Islington, London. To claim up to 2 free tickets (worth £20 each) CLICK HERE and apply the promotional code “SBM2015” Now in its 13th year this one day event brings together some of the…
The Markets At the London close the Dow Jones was down by 197.19 points at 17,698.10 and the Nasdaq 100 was down by 35.52 points at 4,300.71. In London the FTSE 100 fell by 20.49 points to 6,740.58 but the FTSE 250 gained 48.34 points to 17,109.47. The FTSE All-Share closed down by 7.04 points…
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.…
Having reminded ourselves of the mantra of “small is beautiful” in terms of the stock market yesterday here on the Spreadbet Magazine blog, today we are diving deep within the AIM market looking for possible recovery plays. Clearly, some of their potential will be determined by the overall state of leading stocks and geopolitical concerns,…
