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KERBOOM: Eight Capital Partners – dire & garbled results and a black hole looming in three weeks

By Tom Winnifrith | Tuesday 2 July 2024


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.


The year end results of Dominic White sham Eight Capital Partners (ECP) have been published (albeit annual accounts are not yet available) and they are dire. The loss for the year is £18,946,000 and net assets have plummeted from £25,283,000 to £12,795,000. The biggest element of the loss is a write down of the 1AF2 loan by £14 million. Even the lower NAV looks sheer fantasy.
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