RARE ALERT: Midwich Group plc said to ... - Part 3
And finally Midwich Group confirmed last week's RARE Alert about the company's acquisition of Dubai-based NMK Group. Below is the link:
And finally Midwich Group confirmed last week's RARE Alert about the company's acquisition of Dubai-based NMK Group. Below is the link:
You may have missed last weekend's Mail on Sunday business section, so I have pasted the link below to a piece I wrote about The Analyst, a small but growing research firm that claims to have been the first to identify issues at Wirecard.
https://www.thisismoney.co.uk/money/markets/article-8490357/Briton-spot-fall-Wirecard.html..
Charming Crispin Odey told a former Telegraph colleague, Katherine Griffiths of The Times, yesterday that he now plans to sue the German regulator for introducing a short selling ban on Wirecard last year. Below is the link to Katherine's excellent piece:..
I thought I would let the venerable Financial Times bathe in the glory of its Wirecard investigation for a few days before publishing this post.
I have to admit the FT's series of articles on Wirecard is one of the finest pieces of financial journalism I have witnessed since I began my career on The Daily Telegraph's City desk all those years ago...
Just when you thought things couldn't get weirder at Wirecard: along comes Deka.
The German investor, which owns a 1.6pc, shareholding in the controversial payments company is calling for the removal of Markus Braun, chief executive. Below is a link to Deka's quotes:
https://www.nasdaq.com/articles/deka-demands-removal-of-wirecard-ceo-2020-05-06..
Does anybody else think the juxtoposition of Sir Chris Hohn taking a short position in Wirecard and his very public call for the removal of the German company's chief executive a bit odd?
You could understand why the German company's surpervisory board might acquiesce to The Childrens' Investment Fund if the firm had pursued its usual method of buying a sizeable stake in the company...
Perhaps it isn't all bad news for Crispin Odey: his chum, British prime minister Boris Johnson, won a huge majority for the Tories on Friday.
That comes after Odey called on British business leaders to back Boris in an interview with yours truly for the Mail on Sunday's business section over the summer. Below is a link:..
Poor Crispin Odey - his flagship Odey European Fund is back at the top of HSBC's loserboard.
According the bank's hedge weekly review, charming Crispin is down 22pc as of the middle of November, leaving him at risk of finishing the year as the worst performing European hedgie for the second time in four years...
Two separate stories about SoftBank and its leader, Masayoshi Son, broke this morning but Betaville found the juxtaposition of the pieces rather intriguing.
The first tale was about SoftBank spending almost $1 billion on Wirecard convertible bonds that could also give the Japanese conglomerate a 5.6pc stake in the German digital payments company. Below is a link to piece in the FT on the topic:..
Charming Crispin was gracious enough to talk to little old Betaville last week about the Wirecard shenanigans despite the ribbing over the past few years.
So, in you case missed it over the weekend I have pasted a link to the mini interview with Crispin - last year's pest performing hedge fund manager, according to HSBC - in yesterday's Mail on Sunday's excellent business section...