I'm out, Tom Winnifrith officially no longer an unwitting shareholder in Andrew Monk's VSA Capital (VSA)

To be wholly Transparent: Flagging up a planned share sale

Not even my greatest critic, of whom there are many, would say that I have been anything other than brutally bearish about Andrew Monk’s CSA Capital (VSA) since its AQSE listing. That was both before and after I discovered that I was an unwitting shareholder. But in the interests of transparency…

#VSA Capital – H1 £0.131m profit, net cash £0.3m

#VSA Capital – “Corporate Update” including Chairman change and related-party loan of £95,715 towards deposit for new offices

Photo shocker: Poor bankster locked out of First Class Lounge slums it on airport floor with the oiks

As an unwitting but loyal shareholder in VSA Capital (VSA) I am delighted that our struggling company can still afford to fly our CEO, Mr Andrew Monk, first class as he travels the world creating value. 

#VSA Capital – FY still a small loss, cash just £0.5m

#VSA Capital – red flags at Christmas; ekes out H1 profit but cash & investments still down YoY

#VSA Capital – Finance Director Marcia Manarin to leave “in order to pursue a larger role”

Dire results from VSA Capital but the bon mots of Andrew Monk and a better start to this year the silver linings

Long suffering and, in my case, accidental shareholders in VSA Capital (VSA) should have been braced for piss poor results for the year to March 31 2024. The numbers were indeed dire. But the silver lining is that this year has started better and the bon mots of CEO Andrew Monk which bring a smile to ones face.

#VSA Capital – FY swing to even operating loss of £1.1m, even gross cash down to just £0.2m

VSA Capital caves to Silverwood, told y’all

As a loyal, if wholly unwitting, shareholder in Aquis listed VSA Capital (VSA) perhaps I should not crow to much about the news that humble pie is on the menu today at Oriel College Oxford. That Andrew Monk and his team have climbed down in this legal tussle which will see another material writedown in the balance sheet is embarrassing but it is also sensible and for that I offer praise where it is due. Well done Monkey! Let me explain.

#VSA Capital – to cooperate with a Silverwood Brands (#SLWD) “unwind transaction” including cancelling VSA’s consideration shares

GOTCHA Andrew Monk! Aquis adviser VSA forced by Aquis to restate accounts without a string of schoolboy errors

Perhaps Andrew Monk might hire someone at VSA Capital (VSA), where I am an unwitting shareholder, who understands accounts. Maybe I shall raise this matter at the next AGM? It seems that, as I suspected, Oriel College Oxford does not teach basic accountancy.

#VSA Capital – interims restatement, as called for by @tomwinnifrith

Letter to Aquis Regulation: Andrew Monk and VSA

It really is a disgrace that an Aquis listed adviser to Aquis companies can put out a results statement which breaks a basic accounting rule and not issue a correction. Yet that is exactly what Andrew Monk and VSA Capital (VSA) has done. Perhaps he thinks that rules don’t apply to gentlemen such as himself by dint of his education at Oriel College Oxford. I have written to the regulator

Very Silly Andrew Monk issues piss poor numbers and makes howling schoolboy accounting error

Maybe the Andrew Monk Christmas carol was not the egomaniac’s biggest Yuletide Nightmare. Now, as an Aquis advisor, he faces the humiliation of having to reissue (piss poor) interims after making a howling schoolboy error. I guess they did not teach accounting for beginners at Oriel College Oxford. Let’s start with the schoolboy error.

#VSA Capital – ‘no-one watching’ period interims announcement, a loss (natch) and even gross cash down to just £0.5m

Even more Monkey Business - VSA being sued for a third of its balance sheet

Oh dear, oh dear. There’s trouble at t’mill for VSA Capital (VSA) the corporate advisory firm run by the egomaniac and self-styled Very Sexy Andrew (Monk). You cannot say that I did not warn you. It is all to do with VSA’s erstwhile client, fellow Aquis listed dog Silverwood Brands (SLWD) and its failed attempt to buy a 20% stake in cosmetics retailer Lush. Honestly you could not make this shit up.

#VSA Capital – “Lush vendors threaten legal action… in the absence of VSA's agreement to co-operate in the 'unwind transaction'”

Silverwood Brands, oh dear, oh dear – more Monkey Business with the self styled Very Sexy Andrew

Shares in Silverwood Brands (SLWD) valued at 100p a pop represented about a third of the year end balance sheet of Andrew Monk’s Aquis listed VSA Capital (VSA). Yesterday just £7500 worth of shares were sold by somebody at just 25p causing the mid price to halve from 60p to 30 and so slashing the market cap by 50% to £78 million. Frankly even that valuation is nutso. It gets murkier and murkier.