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Keyword results: elephant in the room


Naked Wines Trading Update – not so pretty and not so transparent

Naked Wines (WINE) today boasts that its EBIT ( fairly made up earnings) for the year to almost the end of March 2023 will be higher than expected. But there is a warning about 2024 and absolutely no guidance about the real elephant in the room, the ghastly balance sheet. That 2024 warning and the lack of transparency about what really matters are what stink.
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Tom Winnifrith Bonus Bearcast: Kirstie Allsopp is right about young folks and housing affordability but dares not mention the elephant in the room

Kirstie is in a spot of bother about her remarks, much of that bother driven by unattractive class hatred. But she is right. However she does not, or dares not, mention her own small role in creating an issue of affordability for first time buyers but the much larger elephant in the room. 

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Tern – Is this an elephant in the room?

We have had effectively three portfolio updates already this year from AIM-listed jam-tomorrow investment company Tern plc (TERN) – on January 12th, Feb 4th and Feb 8th. Last year in the same period there was just one – on January 28th – and reading it through again now, there does seem to be a rather large elephant in the room.

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Haydale – Trading Statement, Jam-tomorrow and two Elephants in the room = SELL!

AIM-listed Haydale Graphene (HAYD) offered up a statement on Thursday telling of a sales representative agreement and a trading update. The former offered up visions of Tom Winnifrith’s (lack of) wooing Britain’s favourite chanteuse but the latter seems to me have been more a case of the dog that didn’t bark. What was the first elephant in the room?

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Interserve: you haven’t answered the question – statement a screaming sell signal

The BBC has run a story suggesting that fully listed Interserve (IRV) is going to raise cash from its shareholders and quoted a former shareholder suggesting that it won’t survive. The media picked up on it and the shares crashed again. Of course, I’ve been a bear of Interserve for an age, as regular readers will know (and been proved 100% right so far)...

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