Today’s that glorious day when wise grouse resolve to keep their heads down. It must be the figure 12. For instance, the bill so far for keeping Julian Assange holed up in the Ecuadorean Embassy is a trifling £12m. I bet that those who live in the immediate neighbourhood must be hugely grateful for this…
Over the weekend government minister Amber Rudd announced that HMG would push through fracking projects on the grounds that the nation’s energy security would otherwise be materially compromised. I am surprised that this decision took so long. However, punters should hold back from buying the sector chips willy nilly. For instance, David Lenigas’s UK Oil…
I made good money out of shorting Quindell (QPP). So I am not unsympathetic to the possibility of QPP being overvalued. How would I be? But I am prepared to change my mind. And here is such a moment. The fact is that the average punter has decided that because the SFO are having a…
You got to hand it to Rob Terry. As soon as the SFO announced that they were going to work over Terry he graciously commented that he would of course be doing everything to cooperate – as if he had the choice. Anyway, it looks pretty clear to me: Quob Park (whatever that corporate vehicle…
I had my first bet with William Hill when I was seventeen. It was by post and the envelope had merely been time-stamped by the local Post Office. Cheques were accepted and winnings, if any, came back a few days later in the form of a cheque. I never hounded my fags to work hard…
In 1968 I saw Witchfinder General, which covered some obsessive puritan who went round fingering alleged witches and then killing them off. I took it as a warning as to what can happen when vile regulators are given excessive authority. And I mention this since I reckon that a later generation of this lot have…
The great Corbyn joke goes on. I haven’t tried it myself but it is possible to join the Labour Party several times over as one’s contribution to Conservatives for Corbyn. More reports please. ***** My nephew Thomas stuck his head in yesterday. He lives in California about twenty miles from San Francisco and works for…
You could knock me over with a feather. As soon as I went through today’s half year RNS from Foxtons (FOXT) I decided that the share price would go straight down through 200p. But, instead, at the time of writing, it is hovering around 240p. It is true that I do not like the cut…
As is well known the BBC is fairly left wing and therefore has great difficulty understanding anything to do with business. Take the term ‘secretive’ as in secretive companies. The idea of an off the shelf company run by a lawyer in an offshore jurisdiction being secretive is risible. This is because a company cannot…
Apparently the miners capitulated on Friday evening. If so, punters should write Glencore (GLEN) puts (that is what the chairman has been hard at) and hoover up miners at a discount – Polo (POL) springs to mind – OK, yawn if you wish. Another highlighted last week was GRIT – OK, hold your nose as…
