A “Senior Leadership Transition” announcement from computer vision technology company Seeing Machines (SEE). So orderly then? Announced intra-day at 1:03pm. Hmmm…

Hello, Share Fans. You may know that I’m a fan of property companies, or at least of their mid-term prospects. But that is mainly for housing, where supply still has problems competing with demand. However, office and shop properties are not sectors that thrill me. Which brings me to Great Portland Estates (GPOR). I wish the company well, but foresee possible headwinds in the office and retail rental game...

If Monday’s events which saw Kent County Council ask for its money back, which forced the suspension of Neil Woodford’s Equity Income Fund was not bad enough, he has just learnt that St James’ Place has sacked him (oops, there goes a £3.5 billion mandate). Oh, and his best mates over at Hargreaves Lansdown have issued a statement about Woodford’s Income Focus Fund….

In today's bearcast I start with a range of matters relating to Neil Woodford including brokers lifting our research, Purplebricks (PURP), Provident Financial (PFG) and Non-Standard Finance (NSF). And I make Neil a generous offer on Proton Partners (PPI). Then I look at Diversified Gas & Oil (DGOC) and the dumb fuck clients of Cenkos (CNKS). Finally a brief look at Ironveld (IRON) and at the Bluejay (JAY) hound. Postcript: Cynical Bear points out that today's TRI shows Woody is in fact selling Purplebricks in the market as well. Timber!

Shadowfall, the company run by bear raider Matt Earl, the "Dark Destroyer" has today published a 70 page dossier on 18 billion euro capitalised Kerry Group (KYGA). It is a pretty devestating analysis. The report can be accessed in full below.

Susan Searle, the fragrant chairwoman of Woodford Patient Capital Trust (WPCT), where I am a loyal owner of 10 shares, has yet to respond to my polite letter demanding she suspend the shares, fire Neil Woodford and undertake a strategic review. But events now force me to write again in light of Woodford’s incoherent video of earlier.  That suggests WPCT now faces a full blown crisis. The letter follows:

Business and company sales group K3 Capital (K3C) has updated commencing, “The board is very pleased to report that adjusted EBITDA is expected to be at the upper end of the market guidance provided in the recent trading update on 5 April 2019”. Hmmm – adjusted EBITDA and why not remind of what that prior ‘market guidance’ was?...

A terse announcement today from Provident Financial (PFG) hides a much bigger story covering corporate failure and this website's current great focus: Mr Neil Woodford. And yes, his recent failures have led - in a roundabout way - to another failure. Failure squared!

Regular readers of Share Prophets will know that I’m not exactly a fan of Eqtec (EQT) and have been far from convinced by all the very vague news releases coming from the company, and that opinion certainly hasn’t changed as it seems to provide even less these days by way of actual exact details.

Neil Woodford has released a short video aimed at reassuring investors in his now suspended Equity Income Fund. It will have the opposite effect. It is stumbling, incoherent, in parts misleading and frankly Neil looks like an ill man who is under mammoth stress. I can see why. 

Yesterday I highlighted the numerous issues which make Diversified  Gas & Oil (DCOG) the most overvalued oil stock on AIM.  The crux of the issue is that its freported profits since IPO have been generated almost entirely from aggressive accounting as opposed to producing hydrocarbons. I believe its accounts breach IFRS 3 and must therefore be completely restated which will wipe out nearly all of its retained profits. Let me explain. 

I read in the press that you are very disappointed that Neil Woodford didn’t give you a heads up that his flagship Equity Income Fund was so close to having to gate his find to prevent further redemptions – especially as you were a large holder. You clearly don’t understand how the system works, for taking action on inside information like that would be a criminal offence. There is a way you could have known, though.

Hello, Share Strummers. Time for another look at Photo-Me (PHTM) methinks. Uncle Tom once described this as my favourite share. But that was in the old days when the share made a steady climb towards the 170p mark. I took back my loyalty when the stock started to decay. And it eventually dropped to 80p-ish. Today it's about 92p...

Online electrical retailer AO World (AO.) has announced results for its year ended 31 March 2019, commencing by emphasising; “Continued revenue growth in both the UK and Europe with total revenue for the period increasing by 13.3% to £902.5m”. The shares have responded, er… further lower towards 100p…

With a hat -tip to Cynical Bear who beat me to it, I had to laugh at today's RNS from Pheonix Spree Deutschland (PSDL) - a UK real estate outfit specialising in Geermany - which has just announced that following investor enquiries it wants to tell us all that it is unaware of any holding by Neil Woodford in the company. Oh how the mighty have fallen!

Previously writing on Gooch & Housego (GHH), in April I stated announces “in line with management's expectations”… but not with expectations less than 6 weeks before the period-end!. On half-year results, the shares are though further materially lower today…

In today's podcast I add a bit more to the earlier coverage of Diversified Gas & Oil (DCOG) which is an outstanding short, look at Management Resource Solutions (MRS), and Gooch & Housego (GHH). Then I look at Woodford, play out some end game scenarios and look at 10 stocks which could go bust by Christmas as a result of this fiasco.

Having asked for readers tips for 2019 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is a monthly update on performance (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2019)...

Neil “I am not a forced seller” Woodford has been selling Card Factory (CARD). Why is this worthy of comment? Well just three weeks ago we published an article entitled Gambling Neil Woodford doubles down on sliding Card Factory after he doubled his stake to 10%.

I take my hat off to a chap who has created the blog Oarfish Research for he is a truly talented individual who has produced some spectacular research on £878 million capitalised ( at 126p) AIM listed Diversified Gas & Oil (DGOC).  Reading Mr Oarfish’s truly spectacular analysis I can only conclude that this company is monumentally overvalued. It could be the most overvalued stock on AIM.