tag:blogger.com,1999:blog-1567042805993048802.post3335382874250861844..comments2023-11-08T06:40:36.804+00:00Comments on investdrinks (blog): Is the Investors Chronicle corked?Jim's Loirehttp://www.blogger.com/profile/06696024920441263899noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-1567042805993048802.post-70822440376857567712015-09-17T17:49:05.741+01:002015-09-17T17:49:05.741+01:00Vin-x accounts now showing net worth of negative £...Vin-x accounts now showing net worth of negative £140k, I would hardly say that was growing!!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1567042805993048802.post-7540706531113130072014-01-09T00:33:28.430+00:002014-01-09T00:33:28.430+00:00Anon. I don't know which is 'the fastest g...Anon. I don't know which is 'the fastest growing wine investment company in the UK'. One possible candidate would appear to have been Bordeaux Fine Wines Ltd whose turnover grew from £5.9 million in 2010 to £19.3 million in 2012. This growth is likely to be short lived, however, as the company is now in provisional liquidation on petition to the High Court by the Insolvency Service. <br /><br /> Jim's Loirehttps://www.blogger.com/profile/06696024920441263899noreply@blogger.comtag:blogger.com,1999:blog-1567042805993048802.post-67383707939045972892014-01-08T14:15:15.112+00:002014-01-08T14:15:15.112+00:00Interestingly in a reply to your blog "Any re...Interestingly in a reply to your blog "Any regulatory body for wine investment has to be independent" dated 3rd August 2012 Peter shakeshaft states "I believe we are the fastest growing wine investment business in the UK". <br /><br />Is Peter's 'belief' enough to justify priniting the term as gospell on all his published literature and website?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1567042805993048802.post-76382894125685146952014-01-08T14:06:43.755+00:002014-01-08T14:06:43.755+00:00Hi Jim, on the subject of the WIA. I want to know ...Hi Jim, on the subject of the WIA. I want to know how Vin-X can call themselves "the fastest growing wine investment company in the UK". They seem to plaster this term all over their website and marketing gumpf (see here on their site for example http://www.vin-x.co.uk/about-us/peter-shakeshaft) <br /><br />In what sense are they the fastest growing wine investment company in the UK? Certainly not on turnover or net worth. I also doubt that their team has grown much over the last few years. <br /><br />The first of the WIA core aims states:<br />1. To seek to safeguard the general public against fraud, malpractice and misrepresentation. <br /><br />If Vin-X are making this claim without any proof it would seem like clear misrepresentation to me!<br /><br />Interestingly section 4.1 of the WIA code of practice states that members must "clearly disclose the source of any data and the market basis" when quoting market data/prices. Should this also not apply to this sycophantic PR soundbite?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1567042805993048802.post-90648033784401767662013-12-19T18:32:22.879+00:002013-12-19T18:32:22.879+00:00Edited comment by anon: Why is Albany Portfolio Ma...Edited comment by anon: Why is Albany Portfolio Management (Amphora Portfolio Management) still being listed as a member of the so-called "Wine Investment Association?" This organisation (The WIA) was founded in the autumn of last year, yet Amphora Portfolio Management still haven't passed the cursory audit that is meant to be a pre-condition for members? They still have "Pending" beside their name (Their old name, not even updated to Amphora Portfolio Management)on the WIA website. This just further proves that the Wine Investment Association is is just a •••• •••. (Watch now, when this topic was raised about Culver Street Trading, miraculously, within 24 hours, the "Pending" was removed from their name. Do these audits even take place? Proof has not been forthcoming ...<br />Jim's Loirehttps://www.blogger.com/profile/06696024920441263899noreply@blogger.com