Monthly Archives: November 2014

$BLNX.L – Blinx – half yearly report

Internet company BLNX (Blinx) issued an RNS today (http://is.gd/vKIGP0) for their first half. I had written about them nearly a month ago (http://is.gd/eYNYCg) when I thought that they should be avoided. The shares were up 3.6% in very early trading, … Continue reading

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Sections 118, 397 – Market Abuse

“Market manipulation is a deliberate attempt to interfere with the free and fair operation of the market and create artificial, false or misleading appearances with respect to the price of, or market for, a security, commodity or currency.” (http://en.wikipedia.org/wiki/Market_manipulation) http://www.fca.org.uk/firms/markets/market-abuseContinue reading

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$SRP.L – Serco – a dividend achiever gone wrong

Business support services company SRP (Serco) released an RNS earlier today, “Update on strategy, capital structure and trading”. The RNS sent the shares down 35% to 206p. The company identified an impairment charge of £1.5bn, reduced “adjusted” operating profit by … Continue reading

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$QPP – Quindell – RNS: Director share purchases and correction

QPP issued an RNS (http://is.gd/H630rW) earlier , clarifying the nature of the share purchase. Some interesting points are noted below. It is described as a “sale and repurchase agreement”, in which they “transferred legal and beneficial interest in a number … Continue reading

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#fuzzylogic: Sliding partitions in the antecedants of Fuzzy Logic Systems (PDF)

In the article Simplification of defuzzification in Fuzzy Logic, I demonstrated that partitioning the consequent space greatly simplifies the defuzzification process. In this article, I introduce the notion of sliding partitions as a way of simplifying the fuzzification process. I … Continue reading

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$QPP.L – Quindell – still falling

QPP released an RNS earlier stating that directors had used the EFH (Equity First Holdings) facility to purchase more shares. After an initial rally, the shares are down 1.0% to 118.75p. A Shareprophets article (http://is.gd/6zmsL9) links to several articles, including … Continue reading

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#Bayes election forecast using the FiveThirtyEight model (PDF)

This article presents on overview of Allen Downey’s blog article of 25 September 2014 on “Bayesian election forecasting”, and discussed on Reddit. The problem is solved as a measurement instrument with errors. Link to PDF

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QPP – Quindell – Director share purchases

Never a dull moment for QPP (Quindell). A recent RNS (http://is.gd/TFiUiH) reveals directors purchasing 1.6m shares at around 123p. What is especially interesting is that the directors did so by way of loan, pledging 52m of their own shares as … Continue reading

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Magic Hat Portfolio: ITE in

The Magic Hat portfolio on Stockopedia (http://www.stockopedia.com/fantasy-funds/magic-hat-463/) is an experiment by me to see if a human can improve on a mechanical Greeblatt Magic Formula screen. I am trying to weed out “mistakes” that I feel the screening commits: unseasoned … Continue reading

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