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Tom Winnifrith Bearcast 11 Jan - Koovs Disgusts me, Afriag - incoming!

By Tom Winnifrith | Monday 11 January 2016


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 think that Koovs (KOOV) is a basket case anyway but the manner in which it disclosed information - or lack of it - this morning is disgusting and treats private investors with contempt. The Gulf Keystone (GKP ) RNS is a shocker & I have cut my target price to well below 10p. Some folks just don't seem to accept how the oil price has changed everything and I discuss why certain stocks are now well and truly toast notably Northern Petroleum (NOP), IGAS (IGAS) and LGO Energy (TOAST).  I am delighted to see that Cynical Bear's articles yesterday have had some impact and comment on Corero (CNS) in detail. And then Afriag (AFRI). Its my birthday tomorrow and I have a present for Yusuf Kajee to celebrate. Incoming!


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