Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Sorry for the delay. Note to scumbag FT writers - if you wish to lift anything in this Bearcast please give an attribution rather than claim it as your own scoop. Dan McCrum you know what I am talking about. I know you work for the FT but that does not mean you HAVE to act like a total wanker. In today's podcast I discuss a chat with Mark Slater on China and various other matters, commodity prices, frauds, Mosman Oil & Gas, Verdes, Northern Petroleum, Aoerama Communications, Gowin New, JQW, Shaft Sinkers and Mariana (a scoop there if you want to steal it as well McCrum you wanker)
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments
CHARTMAN
Tom, when you do that bearcast on Coms ‘thin balance sheet’, I hope you can get to the bottom of it’s latest cash position.
A post on LSE Coms late last year, alluded to cash being unbelievably low, not even in £M’s but only £800 or £900k – he was promptly jeered, and insulted off the forum; but none there could dispute his figures, but repeated, even as recently as this week that Coms is a “cash generative” business….. Yeah, right, if you say so LSE posters :)
alcira16247
Tom
Whatever will the Investors Chronicles stock picking genius Simon Thompson be ramping next should all the Chinese ‘frauds’ go bust?
Simon heavily promoted both Chinese retailers Naibu (NBU) and Camkids (CAMK), with enthusiasm. Both featuring in his 2014 Bargain Shares Portfolio.
Fair enough, even professional experts get things wrong to err is human etc etc.
My criticism of Mr Thompson, is …… ( as these Chinese POS were being constantly red flagged by respected analysts, led by your good self) arrogantly ignoring his peers, he wrote and commissioned articles of such extreme ultra positive bias on these stocks, tipping them as massive ‘buys’, even though their share prices were tanking daily, sucking in even more and more poor mug punters.
http://www.iii.co.uk/investment/detail/?display=discussion&code=cotn%3ACAMK.L&it=le&thread=11200208&action=detail&id=11200208
I hope, that Mr Thompson will be writing soon, in the Chronicle, to his misled disappointed followers, a full apology, for such bad tipping!
GrindertraderUK
I am trying to cancel my investors chronicles subscription. I have not read it for months now as I believe too many tips is bad for health.