premium content
ActiveOps – trading update, building on “strong foundations established since IPO”?
Describing itself as “a leading provider of Decision Intelligence software for service operations”, ActiveOps (AOM) states that it is today “pleased to provide an update on trading for the year ended 31 March 2024. Highlights include good growth in adjusted EBITDA, profit before tax and cash, with an 11% increase in SaaS revenue on a constant currency basis and exit Annual Recurring Revenue up by 14% CC versus the prior year”. However, revenue is vanity and adjusted EBITDA is manipulated bullshit earnings, what about the bottom-line profitability and cash?…- By Steve Moore |
- 16 hours ago |
premium content
Tom Winnifrith Bearcast: Dirty tricks by the Tirupati board or just a total moron?
In today's bearcast I explain, again, free speech to Magna Carta, I look at Tirupati Graphite (TGR) after THIS SCOOP, Gear4Music (G4M), Ironveld (IRON) and more Karma for Richard Jennings to enjoy and finally at the Critical Metals (CRTM) scandal.- By Tom Winnifrith |
- 17 hours ago |
premium content
SRT Marine Systems – “remains in line with market expectations”, what those which were recently downgraded? And now with possible problems in the Philippines…
A “Response to reports in Philippine press”-titled announcement from SRT Marine Systems (SRT) at 09:48 today commences “SRT notes the recent share price movement and reporting in the Philippine press with regard to the IMEMS fisheries project. SRT wishes to clarify that the IMEMS contract was won following a competitive international tender, which has been successfully implemented and is operational”. The noted share price movement that dare not speak its name was a fall yesterday from 29.5p to 24p and further early this morning, so what are the reports in Philippine press on the Integrated Marine Environment Monitoring System contract and the further details of SRT’s response?- By Steve Moore |
- 18 hours ago |
premium content
I’d be nervous ahead of Shield Therapeutics results on 30th April
Less than five years ago shares in Shield Therapeutics (STX) were 187p and they were a bulletin board darling set to enable numerous gerbils to splash out on new Lamborghinis. Today we bears are vindicated as the shares are just 1.375p but that is still a £10.5 million market cap and I’d be nervous ahead of results next week.- By Tom Winnifrith |
- 19 hours ago |
premium content
Filtronic – trading and “strategic agreement” announcements, was I too cautious to have just had the shares on the watchlist?
Previously writing on products for the aerospace, defence, space and telecoms infrastructure markets company Filtronic (FTC), last year with the shares back towards 15p I concluded they for the watchlist with forecast strong profit rises but delivery timing concerns. What then of today “Strategic Agreement with SpaceX” and “Trading Update” announcements currently sparking the shares beyond 50p?
- By Steve Moore |
- 20 hours ago |
premium content
Tortilla Mexican – I just do not understand what Lucky Luke Johnson is playing at!
You may remember shares in Tortilla Mexican (MEX) surging to almost 60p as my pal “Lucky” Luke Johnson took a disclosable stake. I do not want to bet against Lucky but he is not infallible and Tortilla’s calendar 2023 results are out today and are piss poor. Moreover, there is all the sort of red flag willy waving in the statement that would normally see Lucky run a mile.- By Tom Winnifrith |
- 21 hours ago |
premium content
Anglo Asian Mining – Q1 update, expects to receive a transformative permit “shortly”
Anglo Asian Mining (AAZ) has issued a first quarter of the year update including commencing that gold production from heap leaching and copper production from sulphidisation, acidification, recycling and thickening (SART) continued throughout the quarter, but that “production was significantly reduced during the quarter due to operations remaining partially shut down as the company awaits permission to raise its tailings dam wall, which it expects to receive shortly”. Is there still significant recovery potential from an unchanged 63.5p share price? We suggest so.- By HotStockRockets |
- 22 hours ago |
premium content
BREAKING: Sack the board call at Tirupati by a serious team
A letter went to Tirupati Graphite (TGR) yesterday demanding wholesale boardroom change after years of shocking corporate governance we have exposed here. The requisitioners are serious but, needless to say, Tirupati has not let shareholders know.- By Tom Winnifrith |
- 23 hours ago |
premium content
Videndum – 2023 results, argues “strong” confidence in post-strikes recovery… but still currently below expectations!
Describing itself as an “international provider of premium branded hardware products and software solutions to the content creation market”, Videndum (VID) has announced results for the 2023 calendar year including noting significant impact from headwinds including strikes by US writers and actors but “strong” industry confidence in the post-strike recovery. So what of a share price currently down a further more than 2% to below 280p?- By Steve Moore |
- 24 hours ago |
premium content
Capital Limited – Q1 update, an already winning share tip with further to go
Mining services company Capital Limited (CAPD) has issued a first quarter of 2024 trading update including noting revenue of $80.2 million and confidence in its guidance as “tendering activity remains robust across the group with a number of opportunities progressing”. This is good news from a current 95.6p share price.- By Tom Winnifrith & Steve Moore |
- 24 hours ago |
premium content
A failed fund manager insists Government Finances are in great shape whatever we doomsters say
Yes Neil Woodford is back with his new career as a blogger. You might think that UK Government finances are a mess. Think again, the UK's leading failed fund manager takes a different view Over to the disgraced Woodford.- By Tom Winnifrith |
- 2 days ago |
premium content
Tom Winnifrith Bearcast: is it racist to wish you a Happy St George's Day?
It probably is and Joshua, Olaf, Jaya and I am not, for obvious reasons celebrating myself but the Mrs is so if you are brave enough to wave a flag and so get reported for a hate crime, I wish you a Happy St George's Day. Then I sip the cup of Schadenfreude with the vicar and look at Bushveld Minerals (BMN), at the comedy show at Ben's Creek (BEN) and at my GOTCHA scoop and 88 Energy (88E). No need for me to get a journalism award for yet another scoop, save it for some PR cocksucker from the deadwood press. I have more words on Technology Minerals (TM1) and then there is a detailed look at Microsalt (SALT) which looks to me to be at least 66% overvalued.- By Tom Winnifrith |
- 2 days ago |
premium content
Ilika – “Capital Markets Day and Trading Update”, attempted ramptastic and cash burn?…
Describing itself as “a pioneer in solid-state battery technology”, Ilika (IKA) commences a trading update with that “trading for the year ended 30 April 2024 has been in line with current market expectations and the company expects to generate revenue of approximately £2.0m for FY 2024 (FY 2023: £0.8m)”. So what of a current share price of 28p, down from approaching 50p as recently as December?- By Steve Moore |
- 2 days ago |
premium content
Bluejay Mining, I am confused, surely it and disgraced Nomad SP Angel are not telling porkies (again)?
With a hat tip to reader D, I am mighty confused by recent comments made by BlueJay Mining (JAY) and its disgraced Nomad SP Angel of the fraud MySquar (MYSQ) infamy. I flagged up last week how the company was diworsifying into, inter alia, helium and hydrocarbon exploration in Greenland having failed at everything else.- By Tom Winnifrith, the Sheriff of AIM |
- 2 days ago |
premium content
Roadside Real Estate (ex-Barkby Disaster) – Still Suspended (No Accounts) But A Bonkers Refinancing
AIM-listed Roadside Real Estate (ROAD) – the renamed shambles that was Barkby (BARK) – has announced details of a refinancing package this morning. The shares remain suspended as the accounts are still not out, but even so this looks to me to be another disaster in the making.- By Nigel Somerville |
- 2 days ago |
premium content
tinyBuild – 2023 results argue “has the capability to deliver over the coming years”. Does it though?…
Describing itself as “a premium video games publisher and developer with global operations”, tinyBuild (TBLD) has announced 2023 calendar year results including noting an “opening gap in release windows that is being created by the recent series of titles cancellations and teams' closures industry-wide: in the next 12 to 36 months, there should be fewer competing titles launched than otherwise across all platforms, creating more space for our games to be seen and experienced”. That sounds like good news for it, so why a share price currently more than 20% lower back below 5p?- By Steve Moore |
- 2 days ago |
premium content
Avacta: Now just 43.75p and I am still sitting on the fence with Evil Banksta
Just over three weeks ago I made a duff call on Avacta (AVCT) at 51.25p. I believed then, as I believe now, that at some point these shares will collapse as I explained HERE but I argued that shorts should be closed. Well, that was a poor shout as the shares have already lost 16%. So are they worth shorting now? Over to Liverpool’s greatest numbers man since Ken Dodd who has done well shorting this in the past. He says…- By Tom Winnifrith |
- 2 days ago |
premium content
Gold suffers largest 1 day drop in 14 months, "don't panic" says Ross Norman
It is clear that some folks were not listening to Corporal Jones, sorry Ross Norman of Metals Daily. He insists the bull market is intact and writes:Not all buying is equal and that is becoming apparent to gold.
- By Tom Winnifrith |
- 2 days ago |
premium content
Gotcha: 88 Energy ‘ fesses to placing at just 0.16p but it naturally misleads investors
Last night I revealed HERE that 88 Energy (88E) has been trying to get a A$20 million placing away. This morning a rather hurried looking announcement of a book build being underway suggests a panicked response. GOTCHA! The thing is that 88 is not being entirely honest with the mugs and gerbils on its shareholder list.- By Tom Winnifrith |
- 2 days ago |
premium content
Scrap the BAT dividend – its not as daft as it sounds
As a shareholder in Imperial Brands (IMB) where the argument is the similar I have some sympathy. I like getting a dividend into my SIPP as it covers my costs and paying a regular dividend is a good discipline for a company. However, is there a case for scrapping the payout altogether? For a stock yielding almost 10% that would be a shock. But asset manager Tidefall Asset Management makes a good case. It has written to BAT Industries (BATS) as you can see below:- By Tom Winnifrith |
- 2 days ago |