Evil Diaries

The Evil Diaries: “I am a glutton for punishment”

The Evil Diaries: “I am a glutton for punishment”

1 mins. to read

I am a glutton for punishment when it comes to resource stocks. So when a voice comes on this morning pointing me in the direction of Berkeley Energy (BKY), putative uranium producer, chaired by my neighbour Paul Atherley, I am drawn as a moth to a candle. However, the RNS is explicit in advising that…

The Evil Diaries: “Get off the pot”

The Evil Diaries: “Get off the pot”

2 mins. to read

Get off the pot: Was Shakoor, who is right on these matters, declares that African Potash (AFPO) is absurdly overpriced at 2p. When I collared him last Friday evening he could not go into detail since he was on his way to football practice (I quite understand). But holding AFPO is a high risk exercise.…

The Evil Diaries: Pets at Home, Pantheon, Blair and Brexit

The Evil Diaries: Pets at Home, Pantheon, Blair and Brexit

2 mins. to read

Pets at Home (PETS) offers a profits warning this morning and is down 8%. I think this trend is inevitable but concede that I originally went too early triggered by a Pavlovian response to KKR’s departure. However, profit warnings come in threes… ***** I sold a smidgin of Pantheon (PANR) at 74p to cover teatime…

The Evil Diaries: “No pay”

The Evil Diaries: “No pay”

0 mins. to read

No pay: Optimal Payments (OPAY), which is the old NeTeller, a very satisfactory short of yore, seeks full listing. However, today it is revealed that it is finding it difficult to hold on to its customers’ data. This is the current equivalent of paedophilia and denies full listing access. I sold at 300p. Anyway, I…

The Evil Diaries: Pantheon, Totally and Globo

The Evil Diaries: Pantheon, Totally and Globo

1 mins. to read

I thought I’d leave a commentary on Pantheon (PANR) until tomorrow. But it does seem as if this is a stunner of a discovery which could take the price a lot higher in due course. I caught the bottom and bought again at 52.5p. Of course, I have no idea how far this goes but…

The Evil Diaries: Dialight, Blinkx, Beximco and Oxus

The Evil Diaries: Dialight, Blinkx, Beximco and Oxus

1 mins. to read

Dialight (DIA) is more closely publicly understood by Matthew Earl and his lordshiptradingblogspot than I. But he is surely right in pointing out to me this morning, as he has, that it is hard to take seriously the forecasting ability of a company that posits how things will be two years hence when it cannot…

The Evil Diaries: TalkTalk, Globo and SAB Miller

The Evil Diaries: TalkTalk, Globo and SAB Miller

2 mins. to read

TalkTalking of law: Some have canvassed the idea that TalkTalk (TALK) faces financial ruin through litigation brought by its customers. Perhaps. But I doubt it. Say TALK has in effect handed a customer’s bank account number and sort code to a fraudster he is not thereby enabled to make payments since he does not hold…

The Evil Diaries: Victoria Carpets and Globo

The Evil Diaries: Victoria Carpets and Globo

1 mins. to read

I held 40,000 shares in Victoria Carpet (VCP) for many years and then, out of boredom, sold them about five years ago at about 250p. I thought no more about it. That noted, I was staggered by the huge rises that have since occurred – indeed shareholders seem to have had a cash dividend of…

The Evil Diaries: Gold, Globo HM Queen and India

The Evil Diaries: Gold, Globo HM Queen and India

1 mins. to read

Gold on the way: the chairman reminded me of the need to be long gold. So I did as I was bidden. So far so good. Now $1,176. ***** Yesterday, I was visited by a bright fellow who went over why he considers Globo (GBO) to be a scam. It is pretty sobering. It’ll all…

The Evil Diaries: GRIT, Oxus and Dialight

The Evil Diaries: GRIT, Oxus and Dialight

3 mins. to read

A few weeks ago I touched upon Global Resources Investment Trust (GRIT). In the light of an RNS after COB Friday 16th October it seems that we can look at this company differently. This was floated in early 2014 and is full of unmarketable rubbish. There are 39.5m shares in issue (but see below re…