Evil Diaries

REA is a screaming buy at 325p

REA is a screaming buy at 325p

2 mins. to read

Following up my piece last week on MP Evans (MPE) and REA (RE.), here are some interesting notes on REA prepared by a friend a couple of days ago: “It is agreed that M P Evans (MPE) will be taken over by KLK. What I found very interesting in the results was on Page 9 (…

Keep buying those put options

Keep buying those put options

1 mins. to read

Seemingly, it is full steam ahead for Cadiz (CDZI on Nasdaq), now $15.35. I never understood what the environmentalists ever wanted in the first place. Anyway, Trump says that they can’t have it. ***** Meanwhile the torrent of scepticism about Tesla grows and grows. Keep buying those put options. TSLA closed at $302 on Friday.…

MP Evans, REA and foolish lawyers

MP Evans, REA and foolish lawyers

2 mins. to read

MP Evans (MPE) reported a couple of days ago. It was a strong statement. And it finished off with the directors’ advice that in their view the shares are worth £11 in contrast with their current £7.50. The directors are sensible people and their view should be taken seriously. Indeed, day after day, MPE keeps…

It’s a bold bunny that goes bottom-fishing here

It’s a bold bunny that goes bottom-fishing here

1 mins. to read

Further analysis: readers will recall that last week the question of the analysis of the £60bn claimed by the EU from us arose since it was clear that nobody seemed to know the answer. This morning we get fresh data. For it transpires that Iain Duncan Smith, who, admittedly, is on our side, declares that…

Evil’s SIPP, the FCA and Billing Services

Evil’s SIPP, the FCA and Billing Services

3 mins. to read

Long term savers get tax deduction when setting aside sums in a pension fund. HMG is determined that the saver cannot have his money without paying tax on withdrawals. So far so good. But the funds have to be handled by a pensioner trustee. In my case it is Curtis Banks Limited and the funds…

Analysis please

Analysis please

0 mins. to read

Analysis please: the Remainers have come up with this figure of £60bn as a lump sum to be paid to the EU before anything happens. The trouble is that no analysis is offered. And, anyway, would you pay £60bn in advance (his request) to Michel Barnier? **** There must be a huge surplus of funds…

Fevertree and Molins

Fevertree and Molins

1 mins. to read

Mrs May’s staff yesterday repeated her wish that no general election will occur before 2020. This is extraordinary. Time and again, events must pop up that will give Mrs May difficulties in commanding the House of Commons. It must be hugely tempting to go to the country when, surely, she would sweep it, if not…

Time to buy

Time to buy

1 mins. to read

For reasons that are not disclosed Haddeo Partners’ optional sale to Disruptive Capital of a 23% stake in Six Hundred Group (LON:SIXH) at an undisclosed price has lapsed. This must be because DCI could not see that SIXH was in a condition to justify DCI proceeding. The effect has been to knock SIXH’s price by…

Mitie and boohoo.com

Mitie and boohoo.com

1 mins. to read

As one does, I discussed the benefit of assassination as an instrument towards the better governance of the state, specifically knocking off Trump. This was just an afterthought to my finalisation of social arrangements upon my American friend’s arrival in London. And there was the trouble: he never got this email since, presumably, the American…

Molins, Lonmin and Acacia Mining

Molins, Lonmin and Acacia Mining

1 mins. to read

Molins (LON:MLIN) reported last week and, save for the elimination of the dividend, the results were much as expected. But the outlook statement strikes me as pretty bullish. I know some would prefer to hold back on the grounds that within a few weeks’ time they’ll be, say, 10% lower. But I doubt it. *****…