The sheer contempt towards shareholders Sprue Aegis (LSE: SPRP) continues unabated this week, but before I get onto that here are some facts. The following is a breakdown of the placings that Sprue management have done over the last 12 months: 22 December 2015: 9,372 shares pursuant to the exercise of employee share options 27 November 2015: 8,401 shares pursuant to … [Read more...] about Sprue Aegis Management Contempt Towards Shareholders Continues
Punch Taverns (LSE: PUB) yesterday announced interim results for the 28 weeks to 5 March 2016 and I bought in. I'll not deconstruct my idea behind this purchase too much except to say that at 100p Punch Taverns represents safety because: I am investing with money I can afford to lose which means I am willing to watch it go to 5p and it simply would not bother me … [Read more...] about Long Punch Taverns (LSE: PUB) at 106p
According to Sprue Aegis (LSE: SPRP) management I have been uncontactable all day and my email has been out or commission. Well I've tested it and received multiple emails throughout today to my email account including male member enhancement adverts. My contact details are available on this website and have been for years. I smell faeces. And let's be clear here … [Read more...] about The Man From The Sprue
On 20 August 2015 Hornby (LSE: HRN) closed at 109p Recently Hornby's share price hit 30p representing a 72% decrease. For those who don't know Hornby is going through what can be described as a delicate and complicated restructuring that has seen it move from the main market to the Alternative Investment Market. There's been more to it than that. A lot more. But … [Read more...] about Why Investing In Turnarounds Is Fraught With Difficulty
The last time I covered LGO Energy (LSE: LGO) (18 June) - the AIM listed oil and gas producer - the share price was 3.6p. Today's share price at the time of writing is 1.5p, down a massive 58.33% in little over two months. So what 'went wrong' at LGO during this time period? What's Wrong With LGO Back in June three key issues were highlighted: 1. The way LGO Energy … [Read more...] about LGO Energy: A 58 Percent Price Decline In Two Months – Here’s Why
So we've had Kingfisher's (LSE: KGF) prelims announced today which I've held since 5 July 2014 at 361p and I'd stay that they're mixed. We've already recently been advised of the collapse of Kingfisher's deal to purchase the French retailer Mr Bricolage just yesterday which was to be the main driver of growth for KGP going forward. Here are the numbers from today's … [Read more...] about Kingfisher Closes 60 UK Stores
From the mailbag, Paul writes: "I have to ask David, what are your thoughts on Tesco? Lost 1/3rd of market cap in a short time and now a forward yield of 6%. It is still a market leader and surely makes enough cash to turn the decline around, though admittedly it is a but like turning an oil tanker. Whilst I don't live in the UK at present, I was visiting recently and I … [Read more...] about Is The Tesco Share Price Decline A Green Light To Load Up?
'Stocks To Sparkle In 2014' is taken from the title of Paul Kavanagh's presentation at Master Investor 2014. Paul Kavanagh is a partner and chairman of Killik Capital, a division of Killik & Co that specialises in sophisticated investing through the use of CFD's, spread betting and managed futures. Here is what Paul had to say about his firm's current approach whilst … [Read more...] about Stocks To Sparkle In 2014 – Notes From Master Investor Show 2014
Today I'd like to share with you my notes from The Bears Session at The UK Investor Show 2014 which included Evil Knievil, Lucian Miers and Matt Earl. This is in addition to the previous posts on my attendance at The UK Investor Show 2014: 10 Things I Learned From The UK Investor Show 2014 - Part 1 10 Things I Learned From The UK Investor Show 2014 - Part 2 Many of … [Read more...] about Notes From The Bears Session At UK Investor Show 2014
There are many reasons why AIM listed stocks are risky which is part of the allure for the uninitiated. AIM, that part of the market that has the appearance of excitement and fast profits but is in reality nothing more than a licence to print money at shareholders' expense. Take this post entitled Ortac's Placing Shows Why AIM Needs Reform - This Monstrous Buggery Of … [Read more...] about Why AIM Listed Stocks Are Risky
This is a guest post from Marcel Spingorum from Market-Swings.com. Marcel writes about the management of company and importantly how investors can ensure that management demonstrate that they are aligned with shareholders' interests. The first and foremost task, of a company’s management is to create value for shareholders. For example the management of a growth … [Read more...] about Is Management Creating Value For Shareholders?