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Picture
sent in by Nick in the New Forest when David said
a shop assistant had pointed out that he resembled the
legendary John Denver



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| This site is inspired by listening to David's
financial reports on Danny Baker's Breakfast Show on BBC London 94.9 FM
from 07:15-07:30 Monday to Friday.
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| David Kuo's financial
expertise is legendary with the BBC London's listeners although on
Wednesday 15th September, fellow listener Sylvia did bring into question
David's sources when she observed he was recycling stories and using The
Metro as a source for his financial news.
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| I listen to the show every morning as I drive
to work and whilst I find David very entertaining, I also suspect his
financial acumen. Earlier this year David was asked to calculate the
percentage increase in profit from £75m to £100m and he couldn't answer.
Alarmed, I sent a 'Listener's warning' to him. Following
Sylvia's observation, I thought to offer fair play between David and the
listeners by documenting his financial stories
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| Since I'm not always able to listen, if you
can help with logging this information or have comments, photos of David,
please feel free to email me. Colin Hughes.
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Number of yellow cards to date David: 17 yellow, 1 red,
Danny: 2 yellow .
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Date
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Balance of
TV License
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Stories
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30/11/04
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£103
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Story 1: David
warned us of the criminal cashback scheme. How it works is
that when you advertise a product for sale, a criminal
offers you £3000 for a £300 bike. He then askes you to return
to
them the extra £2700.00. You cash their cheque and give them
the money. Several days later the bank tells you
this a fraudulant cheque and deducts the money from your
account .See interesting stories 12th October
story 'When
is a cleared cheque not a cleared cheque'. Story
2: Courts Furnishings went into liquidation
yesterday. Everyone suggested that this was due to the
fact that Brucey does not do their adverts any more.
Apparently Courts was started 150 years ago when it
was run by the 11 year old son of Mr Court.
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David confessed
to buying a solacious video in Hong Kong but it turned
out to be a comedy.
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Other stories of the day:
House
prices recover after falls Film
studios snub Sony DVD format
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29/11/04
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We await Danny's adjudication on
Friday's show.
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Story 1: David
gave us a story about a guy called Gerry who sued a
restaurant because whilst a chef was cooking a prawn,
the prawn flew through the air and hit him. Another
example of the litigious American culture. Story
2: A hedge fund manager has short the price
of Coco Cola shares and will give the profits to people
being exploited by Coco Cola. Amy confirmed that they
use Coco Cola as a pesticide. Story 3: Marks
and Spencer are rumoured to be closing half their Simple
Food stores because they aren't making money. Danny
was disappointed that David had not started with this
one.
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Other stories of the day: M&S
denies food store sale plan Courts
to go into administration
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26/11/04
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£105 David forgot
to say "Good morning Candyman" amongst all the celebrations.
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Story 1: Children
as young as 10 are turning into shopaholics. The National
Consumer Council is very worried about this. All
other stories were suspended because of David's birthday.
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Other stories of the day:
House-price
boom 'splits Britain' Benefits
IT chaos 'exaggerated'
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25/11/04
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£106
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David wasn't in studio
today because he said it was Thanksgiving and he wanted
to total up his portfolio. Danny discovered that David
had and female from 'The Dial-a-Disk service' in the
call box with him. Story 1: GlaxoSmithKline has
discovered that a side effect of one of their anti-depression
drugs is that people lost weight (can't find any links for this). Story
2: DIY is not as popular as it used to be. David
claimed it is only men that are not interested but David
said there are a lot of heavy set lesbians in DIY stores. Story
3: Reluctantly David gave us a third story - Ademptra
has developed a system that creates a The
nagging bank is on the line.
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24/11/04
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£107
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Story 1 : Auction
World finally
goes into administration rumoured to owe £20 million.. Story
2: David reported on an American
University working
on a material that is self cleaning. There is also
a report that BASF,
the German chemical company, is working on a spray-on
coating. The candy gang all relayed their stories of
splashing food over people in restaurants. Personally
I don't know why they supply those small cartons of milk
on planes as the cabin pressure always makes them explode. Story
3: \the price of cheese is rocketing and the stock pile
of cheese is at it's lowest since 1971. David explained
how he dislikes cheese and how eating cheese turns him rancid.
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Today
was brilliant some topical news and funny news.
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Other stories of the day:
Judgment
day for MyTravel plan Dollar
hits new record euro low
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Listener's feedback:
Tom SW18
We today (Wednesday)
again heard a tale about David eating out, or rather
'splashing' out this time, in a restaurant. In fact,
barely a day goes by when we aren't informed of yet
another of David's gleeful and seemingly extravagant
dining out experiences. What baffles me is that he apparently
hasn't yet realised that if he dined at home more often
he'd be significantly better off financially. So, David;
eat in more and save pots of money. What could be more
important than that?
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23/11/04
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£108 Danny gave David
an extra £1.00 because he joined in with backing track
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Story 1: Krispy
Kream Doughnuts
David checked the calendar to see if we are due a KK Doughnuts
story, but give David his due this story is only 18
hours old! KK Doughnuts reported losses of $3 million
and
no one seems to know why. Danny admitted to dunking a
whole crunchie in his tea yesterday. Story
2: Chinatown - Rosewheel
Ltd wants to develop the square by introducing more
shops around the pagoda. David gave us the low down
on Chinatown including the Chinese slang world
for Westeners. 'Gylows' means 'the devil people'
at which point the whole studio fell about laughing
    .
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22/11/04
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£110
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Story 1: Kellogg
Sues General Mills Over Trademark
- David was talking to Danny about the fact that Kellogg
is suing General Mills Over this trade mark. Story
2: Auction
World, the TV
shopping channel, has been fined £450,000. Following BBC WatchDog last week and this
fine, Auction World and Chase It TV are off air whilst
they implement the requirements of the recent OfCom
report.
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Apologies
for the short report today due to malfunction of equipment. Check
out our new FANS
page.
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19/11/04
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£111
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Story 1: Clifton
cards has just
bought 'The Birthday Group'. David said that they need
to watch out because WHS are trying to increase their
market share. Mrs Kuo accidentally bought a anniversary
card that said 'Happy anniversary to both of you'. Story
2. American Airlines have said they are going to
remove pillows from it's 334 MD-80s in an effort
to save time and money. Story 3: David
said that other search engines are catching up with
Google.
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Danny managed
to persuade David to contribute £120 pounds (the cost
of the TV license) to children in need.
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Other stories of the day:
US
sale boosts Waterford's profit Knight
stands down as Nike boss
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18/11/04
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£112
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Story 1: David brought an example of "A Penny
saved is a Penny earned" A 78-year-old
Ohio (USA) man saved 1 cent pennies for 34 years.
He collected 1, 407, 550 coins and has cataloged
them by date and mint. His collection is reported to
be the largest ever cashed in at a Coinstar machine. David estimated the value to be £7-8K,
but that if he'd invested the coins instead of collecting
them, the value would now be about £100K. My American
colleague wonders whether the collection isn't worth
more than that as a collection! Story 2: David revisited
the issue of email scams where we're asked for our financial
details. Instead of the normal warning about "don't
give any information", he relayed a story of how
he'd mistaken a legitimate request for payment from
his internet service provider as a scam. Two months
later he had debt collectors on his doorstep demanding
their £15! Story 3: Dixon's gave out their routine
prediction that the Christmas shopping season will "be
hard." Danny thinks this is just so they can boast
in January that they have had their "best Christmas
ever".
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Other stories of the day:
BT
told to open network to rivals Overseas
executive flock to UK
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Listener's feedback:
Gerald from Goodmayes
David had a smooth segway into the show when Danny asked him if he'd ever
been stood up. David replied that he hadn't, although admiration turned to pity
when Danny pointed out that he hadn't actually had many dates. Even if he had,
as Mark pointed out, they would have been contractually obliged to not stand him
up.
David's first story concerned the man in America who had the world's
largest collection of one cent coins, with over a million and a half coins. The
sad part was that they had all been catalogged and stored, which isn't quite as
good as storing them in a huge whisky bottle. David has a piggy bank, in the
shape of a Playboy bunny. In our house, we wondered where the slot for the money
was.
Story 2) Nat West online bank has been hit by a phishing scam - where nasty
people send you emails to try to get your account numbers and passwords so they
can empty your accounts. See? Piggy banks are a good idea. There was shock
around the land when the world's leading financial advisor admitted that he had
received a visit from men with broken noses. These bailiffs had been summoned
because he had ignored an emailed request from NTL for his credit card details,
believing it to be a scam. David further showed his financial acumen when he
revealed his password on air - "kelloggs", which he had already changed to
"kelloggs1234". Hackers around London were warming their hands with eager
anticipation, scanning the shelves of their local Tesco for breakfast ceareal
names.
Story 3) Dixons have announced it's going to be a tough Christmas (as they
do every year, as Mark pointed out). Most interesting was the discussion
concerning the exit to the shop, which is usually past a checkout, through some
scanners - basically, you have to negotiate a maze to get out of the place.
Strangely, the entrance is much clearer.
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17/11/04
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£113
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Story 1: Regis
paid £210 million for Hair Club for Men. David
actually said £110 but according to the story above they
paid £210. Story 2: According to a survey from
Nationwide people do
not like the fees to take money
out of cash machines. Story 3: Danny asked David
for his comments on the fact that the government is
only going to allow 8 major casinos. David thinks this
will create unfair competition. Story 4: David confirmed
that yesterday was a bad day for the pub and cigarette
companies. Perhaps this is because David has some interest in some of the
tobacco companies.
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David explained
that he did not have any facial hair so he went out
and stuck some hair on his face.
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Listener's feedback:
David's first story today concerned Regis, the coiffeur (and other things
besides) who have just paid #110 million for "Hair Club for Men", who make wigs.
As David so rightly said, why should Regis, who cut hair, buy a company who put
it back on? Never let the truth get in the way of an amusing observation, David.
Danny observed that gentlemen in the Far East don't seem to have a problem with
baldness, and David then reminded us that he used to stick hair onto his face,
because of Chinese people's problem with growing facial hair.
Story 2, and David worries about surveys. Well, he brings us enough of
them. Just about every day, one of his stories is based on some spurious
research or other. Today the factually correct but newsworthiness-questionable
survey tells us that nine out of 10 people in London are not happy to pay to get
money out of a cashpoint machine. Well I never.
Danny interjected here, trying to wind David up, by saying that the news
yesterday about the Casino Bill was "bad for business, wasn't it David?" David
agreed that competition is good. David also observed that yesterday was not a
good day for the cigarette companies - I can't say I'm terribly concerned. David
was, though, because he has some money in them. Wise investment, oh financial
guru?
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16/11/04
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£114
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Story 1: Wrigley
gets into the candy business
Wrigley acquired Life Savers and Altoids brands from
Kraft Foods Inc. David also explained how you can't chew
gum and eat chocolate so Danny performed an experiment
in the studio and found that there is an explosion in
your month when chewing gum and eating chocolate. Kraft Foods
is also trying to sell off Bird's custard. David said
that Bird's custard came about because Mrs. Bird couldn't
eat eggs. Story 2: Virgin
explores casino potential Richard Branson has launched
an online gambling site and is looking to open a casino
when the government amends the gambling laws. Danny
explained how David washes his feet for good luck.
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David confirmed
how he's been to the largest casino in the world and he had to get
a car to his table. Danny seemed to remember that this
was actually a whore house!
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Listener's feedback:
Paul emailed in
and confirmed that if you crunch mints into chewing gum,
the gum will dissolve after half a pack of mints.
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15/11/04
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£115
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Story 1: Emmental
cheese David explained how the French are producing
more and more emmental cheese much to the annoyance
of the Swiss who want to protect their brand. Story
2: More and more people are choosing the credit
cards because of their colour/style
rather than the interest rate. Balam confirmed that
he has a clear credit card Danny thought it was a small
window.
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Other stories
of the day: Eurostar
turns 10, still sees red Banks
could refuse fraud refunds
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Listener's feedback:
Gerald from Goodmayes
Before David started
today, Danny gave him the opportunity to live dangerously,
and to deliberately not say "Good Morning"
(and therefore catapult him back up to the full licence
fee, since he was almost there anyway). David refused,
saying "a pound's a pound". Sound financial
advice there, David (for once).
Story 1) concerned the
Swiss. Where does Emmental cheese come from? Well, from
Switzerland, of course, but most is produced in France.
The Swiss are getting hot under the collar about this
(creating a stink, David said, which was studiously
ignored by everyone in the studio). Danny asked what
were they going to do about it - send over one of those
knives? David's take was that since it was called Emmental,
it should come from the Emme valley. This case is similar
to Champagne (not that Champagne comes from the Emme
valley). Danny said that if you buy a Bakewell tart,
you expect it to be made by Joan Bakewell. 'Nuff said.
Story 2) How do you choose
your credit card? Howls of protest from Danny, and the
cards were at the ready, but David rescued it by saying
that research states that most people choose their credit
card by the colour, and not the interest rates. Much
agreement in the studio, but the Gerald from Goodmayes
house was rocked to its foundations when David announced
that he had been offered a credit card the other day,
and he asked "what colour?"
Balam had a see-through
credit card. Well, he would.
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12/11/04
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£116
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Story 1: The average age of first time fathers will rise from 31 to 40 by 2065. David advised
men to relax and stop worrying about the finances. The
sooner you have children the sooner they will be able
to go out to work. Story
2: Online shopping has taken a great leap forward -
9 out of 10 people who have access to the internet have
made an online purchase. Story 3: Oceans Resources
has found a sunken ship in the Mediterranean with
$2.5 million worth of metals on board. It will cost them $500,000 to recover
this.
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Other stories
of the day: Criminals
'joining finance firms' 'Health
warning' for credit card
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Danny relayed
details of a Chinese quack who gives you a reading on
eBay, if you can find this link please email me.
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11/11/04
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£117
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Story 1:
Churchill
insurance company has been talking to Santa to find
out what children want for Xmas: 1. Books, 2. Computer
games, 3. Board games 4. Money. Apparently 1.6 billion
pounds worth of presents are on the way. Story
2: Investing
in books -David told us the obvious. Buy first editions,
make sure the jackets are kept clean, don't fold down
the pages and don't write in the margins. Story
3: Cash point
fraud is on the increase. David this story is at least
5 days old
.
I think you got this story idea from looking at this
site yesterday!
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Other stories of the
day: New
services boosting BT profits Microsoft
seeks top search spot
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David confrimed
he has a record for the show eating 56 oysters in one
day.
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Listener's feedback:
Gerald from Goodmayes
On a morning that the 94.9 Breakfast Show was compiling a list of
listeners' records, David announced that he once ate 56 oysters at one sitting.
More impressive was the fact that he got eight oysters seven times, and he
proclaimed that "seven eights are fifty six". Bravo, David.
David's first story was regarding Churchill insurance, who have been
talking to Santa, apparently, to find the top four children's Christmas
presents. Of course, we knew that David would always want money, which was only
4th on the list, after books, computer games and board games. Whatever happened
to an orange, a piece of coal and a shiny new penny?
The gang then discussed books, Danny revealing his fetish for the smell of
books on Christmas morn, and kids' annual in particular.
David then started an extraordinary conversation, where he said that "the
only good thing about books is that they can make you money". Mark's premise,
that you read them and then give them to someone else cut no ice with the
financial guru. David then shared his tips on keeping books in good condition
(so they would be worth more). 1) Keep the dust jackets on 2) Don't write in the
margins 3) Don't turn down the corners of pages. Danny got rather upset, saying
that the listeners would know these things, and that David wasn't to treat them
like hayseeds. Mark's sarcastic suggestion, where he suggested that owners of
books shouldn't turn the pages, made me laugh heartily. Danny then told David
not to act like Precious Pup. Sorry, but I think David deserves a red card for
this.
Second story, and second card for repetition (only yellow this time) goes
to the subject of cashpoint fraud. David's advice - "don't let people look over
your shoulder". Wow! David also revealed he had a sixth sense for knowing when
fraud was going to be perpetrated (huh?), and if he knew someone had committed
fraud, he would grass them up. SQUEALER!
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10/11/04
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£118
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David got little flack
from Danny on this morning's stories because Danny was
suffering a headache (shall we say hangover??) having
come directly from Mel Brook's after-premier party for
The Producers. Story 1: David caught up with
the writers of this web site in announcing that M&S
is showing faint signs of a turnaround. See yesterday's
"Other stories of the day" Story 2:
Disneyland Paris is suffering a bit because the attendance
growth is flat, yet the parent company is requiring
them to pay the royalty fees. This story seemed to spark
Danny's muse a bit as a lively discussion ensued over
whether David had ever worn 'a suit'. David couldn't
remember, as he says he can't remember many things (we've
given evidence of that in the site on many occasions),
but thought he might have once been a Santa Claus. Amy
reported that no High Street shops are having Santa
grottos this year due to a lack of Santas. Story
3: David gave us yet another way to close the gap
on our non-existent pensions -- make sandwiches instead
of buying them. Shops charge £5 for a product that has
about 25p worth of materials, adding up to £112 million/day
spent. We did find out that David's favorite sandwich
is the ultra-posh peanut butter and jam!
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Other stories
of the day: Cash
machine fraud nearly doubles Vodafone
in 3G customer drive
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Listener's feedback:
From Tom SW18
I seem to recall Kuo voicing his irritation at ready-made
sandwich prices before – he obviously considers sandwich
makers to be less deserving of profit than, say, pension
companies. Why? Well I can only think that David resents
paying for any service that he could provide for himself.
If so, in addition to making his own sandwiches (with
significant assistance from Mrs. Kuo I shouldn't wonder...),
perhaps he'll soon start cutting his own hair, for example,
and so further inflate his pension plans.
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9/11/04
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£119
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David's stories put Danny
is great form this morning! Story 1: Energy companies
are finding the practice of estimating consumption difficult.
Some companies provide low estimates in hopes of keeping
the customer, while other estimates are highly inaccurate
because to get an initial readings the serviceman must
get access to unusual places, like Amy's toilet or Danny's
office. Danny reminded us of the horrors of pay-as-you-go
electricity meters that seemed to always run out just
in the closing minutes of the most important football
match of the season.  Story
2:
Farmers in the Balkans, having lost their previous livelihood
of cattle ranching, have turned to raising snails. For
a small sum of £4000, they can raise
snails for the Serbian firm, Alimenti Naturali.
My American colleague rolled in the isles as Danny broke
out into song with "Give me land, lots of land...don't
fence me in!", recalling memories of her pioneering,
cattle-rancher ancestors. And then there was Danny's
remorseful recollection of having crunched snails on
the back step taking out the garbage. Visions of all
the King's men trying to put Humpty Dumpty together
and such.     
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Other stories of the
day: M&S
unveils major board shake-up
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Listener's feedback:
Gerald from Goodmayes
In a reprise of yesterday's show, the Candy Gang mentioned the possibility
of charging for more substantial passengers on airplanes. David thought this was
fair enough. Amy then asked if David thought it was fair for black people to sit
at the back of the bus. Uproar in the studio.
David's first (proper) story concerned the estimating of bills by energy
companies. David said that they estimate too low, in order to keep your
business, and to encourage people to change suppliers. My experience is that
they ALWAYS over estimate, so you then have to ring them up to change it. A
general discussion followed, along the lines of "where is your meter?" Amy's is
above her toilet, David's is in his office, and Danny's is shame-faced about
his, hidden away in a cupboard in his new kitchen.
David's second story concerned farmers in the Balkans, who are very poor.
They are, apparently, moving into snail farming. Startup costs are £4,000, and
you can become part of a 6 million kilo per year industry. David thought this
was a good thing. I think it is a bad thing. I can't stand the slimey little
creatures. So it's back to the day job for me.
A new initiative for the website today: a David Performance Factor. His
performance today? 5/10 No particular gaffs, but not particularly interesting.
Sorry.
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08/11/04
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£120
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Danny caught David off
guard by asking him about the new scheme to create a
Gasometer Orchestra... and David forgot to say 'Good
morning, Candyman'. While we think that was a bit unfair
on Danny's part, David knows the rules.
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Story 1: David,
crushed by the lose of his TV license, tried to recover
with a story about Dr. David Lewis' study on
the Peter Pan complex. Danny kept pressing for
a financial link, which was very apparent to this
listener. Peter Pan, the perpetual boy, didn't plan
for his old age either. David once again encouraged
us to buck the trend and to properly invest for the
future. A yellow card for Danny for not seeing the obvious.
.
Danny, maybe is time to re-read JM Barrie's book, but
skip the Disney stuff. Story 2: Chubby
air passengers are getting blamed for rising air travel
costs. The average air traveler has gained10# over the
past decade, forcing airlines to put more fuel into
the planes. David, being a scientist, was able to instruct
Danny on the details of fuel calculation.
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Other stories of the
day: BA
sees profits more than double Dollar
decline gathers momentum
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Listener's feedback:
Gerald from Goodmayes
What a momentous day! What a day to end all days! When laughter rang out
across the lnd, as people glued to their wireless sets heard David Kuo zoom back
up to the full icence fee.
And it was the way it happened. Not a "oops, sorry David, I forgot to say
good morning". Itwas obviously premiditated, timed to occur when David was still
trying to throw off the hangovers from a weekend of fun and frolics, now
seemingly a long way off. The best bit was when Danny was engaging him in
conversation, and then suddenly said "look, there go the phones". And still no
comprehension from David. Even when Mark said "is there a time limit on this?",
he failed to realise what was happening. Thousands, millions of listeners across
the land knew, but David didn't. I think, at that point, he could have rescued
it. He could have argued that he was hoodwinked. But no. He was oblivious. And
now, oh woe is he, who is like the rest of us, is having to pay full licence fee
again. Hurrah!
The first story today, not that it carried any weight after the staggering
opening to the show, was about Dr. David Lewis, who says that we are all
suffering from a Peter Pan complex, not believing we are as old as we are. Our
role models are, apparently, Lulu, Cliff Richard, and Madonna. I don't think so.
The financial tie-in was that we're not saving enough for our old age. A David
Kuo stalwart of a story.
Story two - and the poor airlines are having to pay for more fuel to carry
us lardy types on our hols, since we, as a nation, have put on ten pounds over
the past ten years. Speak for yourself! David asserted that he can stop the
petrol pump on exactly the corrct money when he puts petrol in his car. Reminds
me of a "Not The Nine O'Clock News" sketch, when Griff Rhys-Jones was filling up
his car, carefully stopped it on the right money, and Mel Smith, in the kiosk,
used his "nudge" button to add a halfpenny to the price. There's a thing -
halfpennies. Wow!
David recovered towards the end of the show, and accused Balam of being a
jinx on him, and said that every time he came on the show, his money went back
up. Some tension was evident in the studio after the accusation. What super
fun!
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05/11/04
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£73
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Story 1: Tate
& Lyle announced figures yesterday. David said that
they were doing well but when I checked Bloomberg they
claim that 'Tate
& Lyle First-Half Net Falls 25% on Lawsuit (Update1)'
I don't know who to believe now! Story
1a: Danny suddenly interjected that one
of the internet
banks had had their security breached by allowing
access without a password. What about Tate & Lyle
made him think of this ??!? Story 2: Smith
and Nephew, who used to make Elastoplast and now
make hip replacements, reported that profits rose
by 19%. Story 3: David told us how Lunn Poly
is disappearing from our high street (can't find any
information about this story). My American colleague
thinks there are too many of them!
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Other stories of the day:
Brown
may miss target, PwC says Cazenove
'set for JP Morgan deal'
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Danny told
us that he doesn't take sugar in his tea any more.
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Listener's feedback:
Gerald from Goodmayes
Yes,
I found "Odyssey" yesterday, searching for
the shipwreck company story, but there was no mention
of a listing on the LSM. Was Mr. Kuo being a little
previous? A little insider knowledge perhaps? Ali the
Footman's story about Keel Haul Kuo was the funniest
thing I've read in a while.
First pun ... I mean,
story, was Tate and Lyle's "sweet" numbers,
on account of them having invented (yet) another sugar
substitute, this time called Sucralose. It was just
a shame David couldn't actually quote any of these numbers.
Well, it's not like he's a financial expert now, is
it? He then made the extraordinary statement about there
being a cloud of sugar in the milky way. Is he sure
it's sugar, or is it Sucralose?
A quick story about internet
banks and lax security therein gave Danny the chance
to tell us he abhors internet banks, and that if anyone
wanted to save some money, they should store it in a
shoebox under the bed. Not even David would fall for
this one.
Second pun of the day
was missed by Danny, when David said that Smith and
Nephew used to be into plasters, but they didn't stick
with it (groan). Having searched the Motley Fool website
yesterday, looking for this bogus "shipwreck company
on the stock exchange" story, I can now see where
he gets his appalling puns from. They've now moved into
prosthetics.
Fact of the day from
Mark - when you're cremated, all that's left is your
replacement hips. Assuming you've had them done, of
course.
Toodle-oo!
From Ali the Footman
(May I take your hat?)
Following yesterday's
story shipwreck story.
Begging your pardon, of
course the actual company that old Keel Haul's descendant
was talking about can be found at:
http://www.subsearesources.com/
They are eying up some
old wrecks in British waters so Keith Richards had better
keep out of the sea for the time being.
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04/11/04
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£74
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Story 1:
The first shipwreck company
was listed on the London Stock Market yesterday. This
company raised £11 million pounds (Can anyone tell us
the company name, I can't find them on the LSM). Story
2: Someone sold
a beach hut in Poole
for £100,000. David knew of a war bunker
that sold for £70,000. David thinks the Bank of England will
be looking at house prices when deciding on whether
or not to change the exchange rate today. Story
3: Barclays Bank
research says that the best way to do shopping is on your
own. Never go shopping with a woman. Never go shopping in the
morning it leaves you too much time to shop, and always make
a list. Danny explained
how he is an impulse buyer. David says that shopping shouldn't be fun!
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Other stories of the day:
Garages
'letting down car owners' UK
tourism 'on road to recovery'
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David explained how he
caught a lobster on a fishing line and the lobster used
his claw to cut the line and ran away.
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Listener's feedback:
From Ali the Footman (www.wazir.tv) "Turned out nice again
Sir"
The Shipwreck Company you seek might well be
Odyssey Marine Explorations.
This company was founded in 1783 by a famous pirate
whose name is still, to this day, spoken in a whisper in the Bucket of Blood in
Cornwall. It was none other than Keel Haul Kuo who sailed out of Shanghai on the
fastest pirate ship of the day. The 'Spirit of the East'. (Arrrr Jim
lad!).
Known to all along the Spanish Main as a man with
an eye for a profit (his crew of cutthroats all had to pay board and
lodgings) Keel Haul amassed a great fortune by 'rescuing' treasure ships bound
for Spain. The crews of these treasure ships knew
their days were numbered when the Spirirt of the East hove into view and fired a
shot across their bows and hailed them to heave-to.
Keel Haul always said that he was in a much better
postion to look after their bullion as they would only spend it on
rum.
So much of Keel Haul's treasure was buried on
various tropical islands (he called them his 'investments') that Odyssey was set
up to to track down the missing millions.
Will there be anything else Jim lad?
Arrrrr!
http://www.framedshare.co.uk/Product.asp?shareid=6463
http://shipwreck.net/nytimes-feb232002.html
Gerald from Goodmayes
Hot off the presses this morning was the news that the Stock Exchange are
going to get their first "shipwreck" (some would say Salvage) company, currently
valued at #20m. Cue lots of awful "floating" and "sinking" puns. Danny called
this type of company the "Steptoe and Son of the Sea", a very romantic title if
ever there was one. David thought that divers still used a man turning a big
wheel on the boat to provide air. Danny suspected that they may be a little more
advanced than the "Abbott and Costello" image that David was enjoying.
Continuing the sea theme, David enlightened us to the fact that he once
caught a lobster whilst fishing in Penang. He tried to tell us that the lobster
used its claw to cut the line when he'd nearly beached it. Danny was having none
of it, and quite rightly too.
David then subjected us to one of the most awful segways we've experienced.
I quote: "Valuing a shipwreck company is difficult. Valuing homes is difficult
too." That deserves a yellow card if anything does. The story was quite
interesting, with a beach hut somewhere being valued at £100,000. Occasionally,
we get these stories. We have a beach hut in Walton on the Naze, but I would
hesitate to suggest it is worth anything like that extraordinary amount.
And so, on to shopping (again). David's tips: 1) go on your own, because
women impulse buy more than men (Danny disagreed); 2) Go shopping just before
the supermarket closed (Danny disagreed); 3) Make a list so you don't buy things
you don't need (Danny disagreed, saying that would take away all the fun out of
it).
And so we were left with the image of David deep sea diving, floating
around on the surface with a diving suit the size of a small barrage balloon
because the man pumping the air got distracted. Knitting needle to burst the
balloon anyone?
Toodle-oo!
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03/11/04
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£75 Special dispensation
from Danny
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Story 1: Branston
pickle - people
are raiding supermarket shelves because of an anticipated shortage,
due to fire in their factory. Branston pickle bottles
are now appearing on eBay. Story 2: Spam is
going to be relaunched in the UK with a £2 million advertising
campaign. Story
3: David mentioned a story about fitting a camera
to a broadband network to be used as a security
camera. I'm not sure where David got this story from
but these cameras have been available for years .
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Other stories of the day:
US
election pushes markets higher Peers
to debate home-seller packs
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Listener's feedback:
Gerald from Goodmayes
Danny's intro, comparing David to Fozzy bear, had me in stitches. Very
funny!
I was concerned to hear that David wasn't paying too much attention to the
US elections. I would have thought that it would have a major effect on global
finances. Or is it that David thinks that they're both as bad as each
other?
Branston Pickle raises it's smelly head again. It seems that the
widely-reported fire at their factory last week has caused panic buying in the
supermarkets, with Mrs. Kuo being at the forefront, telling David to not tell
the good people of London until she'd had time to stock up. I'm sure there will
be a link here to ebay, where there's several jars up for auction, one of which
has reached #52. I despair for the future of this world sometimes.
SPAM is being relaunched in the UK. Either SPiced hAM, or Spiced Prok And
Meat, apparently sales have been growing at 10% a year? This will no doubt
improve, after David's statement that it's "very delicious". Watch out for Mrs.
Kuo at the supermarket, and the auctions on Ebay soon.
The supposedly serious story (?) concerned the Americans coming up with a
camera that you can plug into your broadband connection to look at your house
whilst you're away. David's only thought was security, but Danny's (and just
about everyone else in the area) starting thinking of, ahem, other uses for a
(hidden?) security camera, plugged into the internet. I think David should give
us the IP address for his house camera, so we can all check his house for him.
All part of the service, David!
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02/11/04
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£83
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Danny nearly caught David
out today but David was on the ball and said 'Good morning,
Candy man.' Story 1: David can't believe there
are
shallow homeowners who paint over damp patches in order
to sell their house, rather than incur the expense of
fixing the problem properly. David had an burn mark on
the carpet that he'd covered up with a settee and
forgot about it. Danny nearly levied David's license
fee because of this story was so weak . Story
2: EasyJet - Serious has just launched Easy4Man
and EasyCriuse.
He's building a cruise liner in Singapore not far from
Sarawak. Apparently on these boats you will have to clean
your own room. I'm booking a trip today!!!
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Other stories of the day:
Business
giant Lord Hanson dies Markets
tense over close US poll
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David's
quote for the day 'On an incoming tide, all boats will rise'.
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Listener's feedback:
Gerald from Goodmayes
Back from my holidays yesterday, but everything that David said just washed
over me. I concentrated harder today.
Having successfully negotiated Danny's not-so-subtle attempt to hoik up
David's licence fee, he brought us a story about homeowners making false
economies when they are trying to sell their house. They are papering over the
cracks, sweeping rubbish under the stairs, and David told us that he
"accidentally" moved a settee over an iron-damaged carpet. So clearly this was
an attempt by David to absolve himself of his guilt.
Quite rightly, Danny asked what this had to do with finance. the answer was
- very little. Danny then said that any more non-stories like this, and he would
raise David's licence fee. I think that his fan site should award him a yellow
card in recognition of the extraordinary lengths David will go to to avoid
telling us anything useful.
The second story was much better, when David told us that Stelios's
Easy-everything group of companies is moving into the cruise ship business, and
that a ship is being refurbished in Singapore, in the striking EasyCruise orange
livery. Danny really fancies the idea of going to sea in a bright orange boat,
but wondered if it was going to be Easy Bankruptcy next. David admires Stelios.
Toodle-oo! It's good to be back!
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01/11/04
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£84
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Story 1: Sainsbury's
take over by Allan Leighton David mentioned Allan has been
clearing his desk, but David's not sure he will be able
to find the money required. Story 2: Mortgage
protection, new laws start today to protect people taking
out a new mortgage (see other stories Friday) . Story
3: What will add extra value to your house - extra
space. Story 4: Credit card companies are suffering
from all the interest free credit cards which may mean
these type of deals may stop..
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Other stories of the day: Main
post offices could be axed Jobs
to go in Eurotunnel rescue
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David confirmed
that he rubs coconut oil over his body as a sun tan lotion
but the only problem is that it attracts wasps and bees.
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| David's
Blog
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| Listen
to Danny's last show, if you missed it.
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| Click
for more pictures.
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| David Kuo
is still going to be doing his slot and we will continue
to keep you updated.
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| David
is now working with
Joanne
Good.
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As
well as doing his regular spot on the breakfast show
David also writes a daily column for the Motley
Fool
web site. |
| BBC London's
Breakfast Show Christmas Panto Listen
to David playing a Guss. Well
panto is the best time of the year and with loud ,unsubtle, over the top
performers such as Jo Good and Baylen its inevitable they drag the breakfast
show down to their level. Cinderella (Jo says the best panto story due to the
youthful age of Cinderella who Jo could still play given the right light) was
the production to be heard on Boxing Day.
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David has
admitted to going out late at night and driving his car on the right hand side
of the road, in readiness for a driving trip to the USA! David confessed
to having a Bugs Bunny tie, but Mrs Kuo wont let him wear it. |
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Photo
Gallery
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Call or text the studio Text 07786 200949 Phone 020 7224 2000 |
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