January 12th, 2012

Can You Belize It: Dods Buys Rival DeHavilland
Ashcroft Pours in Another £6m – Increases Stake to 42.9%

In July last year Dods Plc, which Lord Ashcroft controlled 23% of at the time, bought PoliticsHome from two companies owned by Lord Ashcroft. In November Loss-making ePolitix.com and the House Magazine were merged with loss-making PoliticsHome. Today it seems Dods have made a real purchase rather than merely streamlining the paperwork. They are buying their rival DeHavilland Political Intelligence from Emap for £12.8 million. A merger is only a matter of time…

Given that Ashcroft has already made losses in the region of £5 million since his sojourn into the online political world began two years ago, a money-making plan is long overdue:

Dods will be placing two hundred million new ordinary shares at 5.5p each. Ashcroft has already increased his stake in the company to 42.9% by buying over half of them. Another £6 million ploughed in…


82 Comments

  1. 1
    Billy Bowden is the greatest umpire ever ! says:

    Think i might give it a miss.

    Like

  2. 2
    Spot The PR Crap says:

    Sounds like a piece of puffery.

    Like

    • 4
      Billy Bowden is the greatest umpire ever ! says:

      Does it show?

      Like

      • 14
        Neo-Guido says:

        yeah all those losses are great PR

        Like

        • 16
          The City says:

          Ashcroft believes his own bullshit. He thinks he’s a great man and that people want to sniff his doings.

          Like

        • 35
          Grumpy Old Man says:

          Ashcroft dabbles in politics the way russian oligarchs play footsie with PL soccer clubs. He’s not there to make a profit, he’s there to gain influence in the game of games. This is not an investment opportunity unless you need a loss for tax purposes.

          Like

  3. 3
    Ed Tourette says:

    Still losing less money than the Grauniad though….fuck, piss, bollox!

    Like

  4. 5

    Milfs are back.
    Not that I can see that advert for mature ladies.

    I just get adverts for tickets for swan lake..oh yes..

    Like

  5. 6
    Gonk says:

    It’ll never get off the ground.

    Like

  6. 7
    Let the Hain take the strain says:

    Like

  7. 11
    Comet says:

    I thought DeHavilland made planes.

    Like

    • 18

      Was an actress, surely?

      Like

    • 22
      Mars, The God Of War says:

      They also made the Blue Streak ‘satellite launch vehicle’.

      Like

    • 30
      Mosquito says:

      Like

      • 31
        Biggles says:

        I want one.

        Like

      • 41
        Grumpy Old Man says:

        Thanks for that. The RAF were using them for target towing until the late 70’s. But I don’t think that 1 flying example is left. Too much woodworm.

        Like

        • 52

          *Note to defence ministry procurement

          The Mosquito was rejected twice by the air ministry.

          Like

          • The Paragnostic says:

            Bloody good job we had them at the end of the war though – they were about the only thing we had that could chase down a V1 “doodlebug”.

            Like

          • CE mark says:

            Nothing like war to foster ingenuity and set people free to think outside the box.

            Like

          • genghiz the kahn says:

            Wooden and composite construction, liquid cooled powerful engines, no turrets, no gunners.

            Faster and more effective than the products of The Air Ministry mindset. Pity more them were not made, and fewer Halifaxes, Sterlings, and Blenheims.

            If only the Comet (jet airliner) had had the same resources which were wasted on the Brabazon.

            Like

      • 54
        Engineer says:

        True story.

        When the Mosquito prototype was first flown, one of the teething troubles was that the bomb-bay doors wouldn’t shut. They operated perfectly on the ground, but not when the stresses on the airframe changed once it was in the air. The only way to cure this was to strap someone upside-down in the bomb bay, and fly round while he pared off bits of the doors until they shut. There were no volunteers for this job until the production manager, a former patternmaker, took the job on, on the proviso that he made his own cradle. This he duly did, fitted it to the aircraft himself, and took off armed with a couple of chisels. They then circled around the airfield at about 100 feet, opening and closing the doors, paring bits off until the doors shut properly.

        They don’t make ‘em like that any more.

        (This chap was well known and revered around the Broughton factory for many years after. Being a patternmaker, he was shit-hot on wooden aircraft production, but somewhat knackered when aluminium was introduced later. He was still there during the early years of Comet production.)

        Like

  8. 13
    Gordon Brown says:

    I am dense

    Like

  9. 19
    tory boys never grow up says:

    Sorry to state the obvious Guido – but I doubt Ashcroft’s interest in this is about making money – he has far bigger investments in outsourcing for that purpose.

    Like

  10. 20
    annette curton says:

    Politics as a commodity?, got to be on a loser on that one, sorry will not be investing.

    Like

  11. 21
    David Cameron Is A Cunt says:

    Ashcroft continues his quest for serious political power without having to ever actually seek the affirmation of those over whom he wishes to exercise that power.

    He is a very dangerous individual.

    Like

    • 23
      Dry Senior says:

      How would you rate him compared to that other anti-democrat Gordon Brown?

      Like

      • 25
        Pawn Sandwich says:

        You mean the one who has been at the taxpayers teat all his life?

        Like

      • 26
        Gordon McMental says:

        Aye, say Aye!
        An if the Fife courier dinnae step printin’ lies and maleficence aboot me nae showin’ up t’ae werk, i’ll have ma mcMafia mates pull all their advertising.

        Like

    • 29
      Learn from India... says:

      It’s the public’s fault if they create a power vacuum.
      .
      .

      Money follows the power vacuum…. Or rather is sucked by it.

      Like

    • 43
      Grumpy Old Man says:

      Just Like the PS Unions then.

      Like

      • 63
        un believer says:

        Yes

        Gordon Brown was a power mad corrupt cu.nt, therefore anyone else gets a free pass for any kind of behaviour as the debate begins and ends at “at least he’s not Gordon” or “how does he compare to Gordon”?

        It’s that kind of feeble minded bullshit that has resulted in Dave and his Nu Blu Crew getting away with it for this long

        “at least they’re not NuLabour”

        pathetic.

        Like

        • 67
          The Paragnostic says:

          We all know that only the venal or the stupid are attracted to politics as a career, and thus calibrate our responses accordingly.

          If we expected the sort of self-serving cunts who stand for election to be normal, we’d only be kidding ourselves.

          Like

  12. 28
    Apathy Rising says:

    “Ashcroft is a whale spotter” according to Wikipedia.

    Once you’ve seen one tail/hump/fin – you’ve seen ‘em all really.

    Me – I’m a dragon spotter, which carries much more kudos, though I’ve yet to see one.

    Like

  13. 33
    Fake Billy says:

    Out lass said last night that if I turn off the bedside lamp she’d take it up the arse. In hindsight I should have let the bulb cool down first.

    Like

  14. 42
    Billy Bowden is the greatest umpire ever ! says:

    PMQS aint the same since Ed replaced Gordon.

    If you know what i mean.

    #DUEMA

    Like

    • 51
      Professor Doo-Dah BSc. says:

      Question Time hasn’t been the same since Sir Robin’s revolving bow-tie hit 10,000 rpm and propelled him to God-knows-where. Get over it.
      The censorship on here seems particularly un-libertarian today, by the way.

      Like

      • 68
        H, from Steps says:

        These kids grew up knowing nothing but socialism, Prof. Now they spend their days watching 24-hour news channels and tweeting inanities at each other. Do not be surprised therefore that the concept of libertarianism is about as alien to them as is the idea of turning the TV off.

        Like

  15. 49
    I don't need no doctor says:

    Richard Desmond, boss of the Express, has just given evidence at the Leveson enquiry. He must be one of the most thick rich people I have ever heard.

    Like

  16. 59
    Ed Miliband says:

    I defend the poor and needy against predatory capitalists. Unless the predatory capitalists are connected to my pals that is. Labour are never wonga. I mean, wrong. Mental note: remember to redact most of the names from the list of guests at Roland’s party.

    Like

    • 60
      The Paragnostic says:

      I have it on good authority that if you don’t pay Wonga on time, they send the Goys round.

      Like

  17. 61
    I piss on muzee terrorists says:

    Why should anyone apologise for US Marines pissing on dead Taliban? Who gives a shit about them? If anything, they should piss on them while they’re still alive.

    Like

  18. 64
    ++ BREAKING WIND ++ says:

    Apparently police have received more than 40 complaints about MP Diane Abbott’s slur against white people last week — but they say she will NOT be facing charges.

    Like

  19. 65
    Georges says:

    Isn’t there some sort of relationship between Emap and the Guardian?

    If so, I am sure the “ill-gotten” 12.8m will be accounted for in a fair and transparent manner. All spirit of the law taxes will be paid for sure….

    Like

  20. 73
    Jim Davidson says:

    A young man and his date were parked on a back road some distance from London. They were about to have sex when the girl stopped and said…
    “I really should have mentioned this earlier, but I’m actually a escort and I charge £40 for sex.” The man reluctantly paid her, and they did their thing.

    After a cigarette, the man just sat in the driver’s seat looking out the window.
    “Why aren’t we going anywhere?” asked the girl.
    “Well, I should have mentioned this before, but I’m actually a taxi driver, and the fare back to the city is £40″

    Like

  21. 82
    No Mystery says:

    It used to be free. I had it set as my homepage. He bought it. He put up a pay wall. It became useless for those who didn’t feel like subscribing. I changed my homepage to Google News. Others presumably did likewise. Readership and hence stock value plummets. Another victory for pay walls! A shame really; for a while there it was a useful website.

    Like


Seen Elsewhere

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Kelly Tolhurst Wins Rochester Open Primary | BBC
No.10 Ambushed by EU Prosperity Tax | Times
10 Years of Guido | Iain Dale
Tory MP Tells Leftie Jon Snow to Retire | Guardian
Russell Brand’s New Book “Sub-Undergraduate Dross” | Telegraph
Tory MP Barrister Represents Monaco Billionaire | Scrapbook
MOBO Singers Slam UKIP | ITV


VOTER-RECALL
Find out more about PLMR


Rob Colvile reviews Russell Brand’s new book:

“Oddly, the person I feel sorriest for isn’t Brand himself – although he certainly comes across as a rather pitiable figure, projecting his own brokenness on to the world around him – but Johann Hari. Drummed out of Fleet Street for plagiarism, the former Independent columnist has washed up as “my mate Johann, who’s been doing research for this book”. For a genuinely talented polemicist, it would have been a humbling experience to have to treat this sub-undergraduate dross as the scintillating wisdom of a philosopher-king.”



Mycroft says:

Have you read the last bit of Animal Farm?

You know where the animals are looking through the Farmhouse window?

My TV screen was that window at lunch-time today.

Be careful, the sudden self-congratulatory tone, the slightly pudgy outline of indulgence and you become exactly what you should despise.

The jolly face of the Quisling Cameron poses for your camera has mesmerised and deceived you, you who were once not so deceived.

You were no firebrand, you were a damp squib in my opinion, sorry.

You need a damned good kick up the ahse!


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