Value, low PE, low EV/sales or discount to NAV for resource shares.
Bullish on oil, uranium & soft commodities long term.
Many investors have asked if the Mello* company presentations and Q&A can be broadcast. Not yet, but the founder of Mello investor meetings, David Stredder, has worked with other experienced investors to close the gap between boards and shareholders. A new video channel that allows each and all to have their questions put to directors, Mellocast (http://www.mellocast.co.uk) has been launched today. The first film is…
The long-standing FD's resignation is very bad news for FCCN. Marks is largely deaf to his long-standing directors, is he going to listen at all to a new boy? I tried to short FCCN but IG have no borrow. It's getting more difficult to short since the big fines came in for brokers who have naked shorts, last Oct.
Mark's slides https://docs.google.com/viewer?url=http://www.shareprophets.com/epic/slideshows/slater.pptx
If stock lending is the cause of the missing nominee votes then a thought experiment is in order: Pershing could lend out all the shares and all nominee votes are lost. There is no difference in principle here between their acting so there is a 5% chance of disenfranchisement and 100% chance.It could be both lending and a cock up. If Pershing always intended to…
No one would say that Simon Thompson doesn't deserve a gong and he is having a cracking year. However Paul Scott is doing something genuinely new: a daily, free morning report on smallcaps with an accountant's eye and the red-flag sense that can only be gained from the scars of a real-money investing. It's become an absolute must-read for me.
SP is down probably due to the £3m charge taken because they have not been able to shift three leased properties. Also £1.5m costs while buying Vado. I hold. Otherwise OK.