Just for the hell of it I bought 300,000 Petro Matad (MATD) at 3p. It is true that I have a sentimentally favourable disposition towards this stock since I made several hundred thousand pounds on it a few years ago (both up and down). However, I am not entirely stupid since Shell is perhaps to…
Fevertree (FEVR) continues to astound. There is surely little chance of the stock being up here, 660p, in two years’ time. For Goodness sake, it is just a grotesquely overpriced bottle/can of tonic water. Absolutely any fool can replicate it and probably will. ***** Burberry (BRBY) has taken ten years to start properly disappointing on…
If you have not yet seen this, Google for Brexit The Movie to see the argument as to why we must leave the EU. It’s only been out for four days. ***** Pantheon (PANR) issued an interim operations update. No setbacks are announced and all seems to be progressing according to plans. Curiously, the share…
Proxama (PROX) may have sold its payments division. If so, its fund-raising challenges are solved and the market can concentrate on the proximity advertising campaigns. 1.2p might be very cheap in these circumstances. ***** Boris Johnson is a bit naughty in comparing the emergence of the EU as a form of Hitler at work. But…
Try as I may I cannot find an objection to buying Molins (MLIN) at 60p. I have been looking for months now. ***** Odd times: Yesterday, I received the following from a spreadbetting firm: “We are contacting you in relation to the account you currently hold with us. In order to adhere to EU Money…
One by one, for whatever reason, companies are packing it in on AIM. They have had enough of the cost and, above all, they note that the investing public has lost interest and is in practice still losing interest. The effect of the delisting is that typically punters are left with no market by which…
Beximco Pharma (BXP) today announces first class results for the year ended 31st December 2015. The cash and stock dividends are confirmed. What is particularly striking is the 68% increase in export sales and acceptance by the US FDA. All is coming to hand. This makes the stock very cheap under 30p. (Style note: I…
Apparently, Wirecard (WDI on Frankfurt) recruited to head their Far Eastern operations one Robert Frank Lock who spent time at the Bangkok Hilton having dealt in heroin. The allusion to the Bangkok Hilton refers to Bangkok’s principal jail, Bang Kwang. This is an odd background for recruitment purposes. Check it out yourself on Youtube. They…
Something rather interesting seems to have happened at Proxama (PROX), even though it cannot be given a cash value by the average investor. PROX today announces that it enables local beacons to offer advertising material on smartphones operated by travellers in the immediate vicinity. Astonishingly the click-through rate is not the expected 1-2% but as…
Wirecard (WDI) are now to be investigated by BaFin (the German equivalent of the FCA) for money-laundering. All this was disclosed in Der Spiegel late last Friday. So far, the share price has been only mildly affected – it is now Euro 37. But later this week the attack is to become serious. Stay well…
