After more than five decades working in the City, Clive Fiske Harrison, the chairman of the stockbroker Fiske, tells it like it is.
"The only good thing I can say about the results for the half-year ending 30 November 2012 is that the final figure is a plus, albeit a figure so small as to be insignificant," he told shareholders.
Fiske made a pre-tax profit of £5,000, down from £152,000 a year earlier.
Mr Harrison, 73, told investors: "The image of private client stockbrokers has been badly affected by recent events and we continue to stress our old-fashioned emphasis on value for money and integrity."
Fiske will pay a token dividend of 0.25p – or a farthing to its older shareholders.