UK 10:26 Wednesday, 7 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.
The cost of borrow is high but, none the less, shorting the carpets roll up run by colourful Geoff Wilding, Victoria (VCP) has been a profitable enterprise for the past couple of years. Twice the company drowning in £1.1 billion of borrowings has insisted that the shares are too cheap, has added to its borrowings with share buybacks and then has seen the shares fall again as soon as the buyback ended. The whole exercise served only to increase borrowings.
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