Good morning!
I’m not going to waste my time responding to the tripe in yesterday’s comments section. Incidentally, I suggested to the boss that Stockopedia restricts the thumbs down facility to paying subscribers only. He agreed, and that’s been implemented now. So if readers want to demotivate the writers here with a thumbs down, then you have to pay up for the privilege! I think more generally that dishing out thumbs downs is a very negative thing to do. It upsets the recipient, and achieves nothing worthwhile. Readers who leave comments below, which get thumbs downs, often leave a second, annoyed, response. Let’s make an effort to be a bit more positive with our interactions here, and make it a happy, mutually supportive, place!
Patisserie Valerie
A post-script to this scandal. An announcement today says that Patisserie Valerie and Philpotts have both been sold, to management (backed by an Irish fund) for a measly £13m, of which £3m is deferred.
It’s beyond astonishing that Luke Johnson’s flagship company turned out to be a fraud. Whether he was aware of the falsified accounts or not, I still think he has to shoulder a good deal of the responsibility. That is because the company…
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