UK 19:04 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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.
I have some frigana to poison, some snakes to encounter and after that swimming and a late lunch with the Mrs at Kitries which is a small seaside town in the Mani that I would recommend to anyone. After that or perhaps tomorrow I shall publish the smoking gun on Naibu (NBU) demonstrating that its claim to have lots of cash and no debt was a slam dunk lie from the IPO onwards. This was a fraud and it was one that its Nomad (Daniel Cesspit), accountant (Clark Whitehill) and lawyers (Pinsent Masons) should have and could have spotted. So who should get sanctioned and what should the LSE do about other China Norfolks on AIM now? Amazingly I also have breaking news from the LSE about China which will horrify you all.
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Comments
Giles Mascarenhas
Who regulates the ‘Regulators’‘
What sanctions can be taken against the FCA and Aim Regulation for their non regulation, there must be held responsible for the mess the market is in.
nigel somerville
Re Jiasen, lest we forget: despite drowning in cash, it was PAYING interest according to recent accounts.
Booootiful, as Bernard Matthews would have said.
Marvin
Nice one Tom. Go on ! Nail the bastards.
Andrew
Tom,
This sterling work needs a bigger platform. You and Michael Lewis would make a formidable pair to shake up this deck of cards. He’s already taken on the NYSE. Send him out to China to investigate. It would make for a really fascinating book/film. If the budget won’t allow, you could try always Nick and Margaret…