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…
I bought Glencore (GLEN) again at 94.5p since the argument is unchanged. It all swings round rumours as to GLEN’s success at simple trading. ***** There is still no news of Pantheon (PANR)‘s mega discovery in East Texas. Be of good faith. ***** Although I still reckon Orosur (OMI) is a stonking buy at under…
Just as the broken clock is right twice a day one has to admit that the gold price, now $1,173, is bonging along very cheeringly. It is also true that the effect upon junior miners which are definitely in production is electric. In the case of my longstanding obsession, Orosur (OMI), the effect is even…
