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Beggar
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Photo Article, Lucian Miers almost at the end of a 30 mile training walk in the Grim North

Pictured below is Lucian Miers entering Bridlington at the weekend after a 30 mile coastal walk from Scarborough. He says that he was "feeling a bit cream crackered!" after 11 hours walking. But on 18 May he will walk 62.5 miles, 100 kilometres to raise money to fight the appalling illness that is Motor Neurone Disease. For a much missed uncle Richard Hobhouse felled by this dreadful disease, I have and I hope that you will also sponsor him HERE.
ELM
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Elementis – Q1 update, still a winning share tip with further to go

Specialty chemicals for product performance and personal care company Elementis (ELM) has issued a trading update including emphasising “constant currency revenue up by 3%, adjusted operating profit up by double digits… confident that our clear strategy focused on innovation, growth and efficiency will allow us to achieve a significant improvement in our full-year performance and continued margin expansion, in line with expectations”. How good is the news from a now above 140p share price having been recommended at a 125.8p offer price only in January?
LIFS
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LifeSafe – “access to a global market valued at $9 billion annually”. Ramptastic, I wonder why!…

Fire extinguishing and prevention fluids and fire safety products company LifeSafe Holdings (LIFS) has announced an “Industrial partnership agreement with Trinity” (Fire & Security Systems Ltd), with LifeSafe Chairman Dominic Berger arguing “this partnership marks a significant milestone for LifeSafe and will provide access to a global market valued at $9 billion annually”. What about it currently ‘sparking’ (apologies!) the shares 25% higher to 15p, though a £4.2 million market cap?
Bearcast
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Tom Winnifrith Bearcast: I am beginning to think Cirata is a stonking short

I start with a few words on my electoral choice today then discuss Invinity (IES) and why Andrew Monk is not a true capitalist, Nightcap (NGHT), Eqtec (EQT) and Cirata (CRTA)
AGFX
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Argentex – this placing is looking messy: I did warn you all

Back on October 26 last year after Argentex (AGFX) binned its long serving CEO Harry Adams (not that one) I warned you to avoid shares in the money broker like the plague at 78p. Today, despite announcing a planned £5.09 million fund raise at 45p the shares, as I write, languish at 35p, valuing the business at c£40 million. The retail offer which will follow looks unlikely to flourish even if the placing gets away.
KITW
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Kitwave – “continues to trade in line with current market expectations for the full year”. Er, does it though?…

Wholesale delivery group Kitwave (KITW) commences a trading update with that it “is pleased to report that the group continues to trade in line with current market expectations for the full year ending 31 October 2024. This performance will reflect both continued organic growth and the benefit from acquisitions made over the past 18 months”. Good news then, so why a current more than 5% lower share price to 385p?
TEP
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Telecom Plus – “towards the upper end of market expectations” from an already winning share tip

Start of March tip at a 1480p offer price, Telecom Plus (TEP) has issued a trading update headlined “Record customers, profits and dividend; customer growth rate continuing”. That sounds like good news and the shares are now up above 1700p.
OPTI
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OptiBiotix Health – Slimbiome manufacturing agreement in India, Strong Buy

OptiBiotix Health (OPTI) has announced a manufacturing agreement for the supply of its Slimbiome-containing products in India, emphasising a significant opportunity there with a growing middle-class in a population of 1.4 billion people and obesity prevalence at above 40%.
IES
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Invinity – the Monkey was half right!

For months there has been a debate about how Invinity Energy (IES) would fill the looming black hole in its balance sheet. Today it has announced that it has raised £56 million at just 23p and may raise another up to £6.6 million in an open offer at the same price. So who called this one right and where next?
SCE
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Surface Transforms – “pleased to announce” result of a massively discounted fundraising, I wonder why!…

Previously on carbon fibre-reinforced ceramic automotive brake discs company Surface Transforms (SCE), two weeks ago I wrote “2024 Sales Outlook” down from just last week! And what about the balance sheet position that dare not speak its name again? concluding, at a further down to 3.5p share price, it looking again like liquidity crunch ahoy, at what price any further bailout now? Still avoid/sell. The company now states it is “pleased to announce… has conditionally raised gross proceeds of £6.5 million”, but what of a share price currently more than 64% further lower in response towards 1p!?

Bearcast
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Tom Winnifrith Bonus Bearcast: Nightcap to buy Revolution Bars, you is 'avin' a giraffe La Willingham

Revolution Bars (RBG) says Nightcap (NGHT) has made a number of proposals. we can all make proposals. I refer you to the matter of Britain's most talented actress and chanteuse. I discuss what exactly is going on here.
SBRY
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J Sainsbury – full-year results above guidance range and momentum continuing, Buy

J Sainsbury (SBRY) has announced its results for its year ended 2nd March 2024 and that “strong grocery momentum has continued into the new financial year”.
Bearcast
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Tom Winnifrith Bearcast: thoughts from my Neighbour's Funeral

It is all laughs here in Wales, a few thoughts as we buried Norman. Then a few thoughts on the sad death of Sara Alhashima and the wretched BBC. Then it is on the laughable delisting of AVZ Minerals, 1757 days after this Boatman dossier. some words on Ariana Resources (AAU), Inspiration Healthcare (IHC) and finally, in detail, numbers from the fraud Supply@ME Capital (SYME). 
ALT
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Altitude – argues “very strong” trading, but what about the bottom-line?

Previously writing on merchandising platform technology group Altitude (ALT), in November with the shares down to 40p I questioned for how long are the “existing needs” for which the remaining loan facility is sufficient and concluded to avoid. The shares most recently closed at 31.5p, but what about they currently up to 36.5p on the back of a trading update?

DNM
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Dianomi – results argue “well placed to drive scale and profitability”, but wasn’t it arguing similarly on 273p per share AIM listing in 2021?!

Previously writing on company describing itself as “a leading provider of native digital advertising services to premium clients in the business, finance and lifestyle sectors” Dianomi (DNM), in September with the shares falling to 47.5p I questioned whether it was “well placed to capitalise on the opportunity ahead”. What about now, with the shares currently at 49p on the back of 2023 calendar year results?

AAU
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Just how many lunatics with a financial death wish own shares in Ariana?

I am contacted by a reader who posits that there are a number of my fellow shareholders in Ariana Resources (AAU) are posting on the ADVFN Bulletin board saying that they will vote against the merger with Rockover. My correspondent gives a number of reasons for these folks posting.
AML
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Aston Martin Lagonda – it is always jam tomorrow, surely still a short, losses running at £17.65 a second

How many times, over the years, has this company gone bust? I lose count. But at some stage surely folks should just say that a business model of selling not enough luxury cars to cover your costs and burning cash like it is going out of style is just bonkers. But I suppose that is how most big soccer clubs operate and when one owner runs out of dirty money another one comes along to shovel is cash into the furnace. Maybe Aston Martin Lagonda (AML) is a brand like Newcastle United and so normal maths do not matter. Today’s quarterlies are grim. Truly grim.
COG
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Cambridge Cognition – “pleased to announce” Results, Trading Update & Board Change. Er, what’s ‘pleasing’?!

Cambridge Cognition (COG) states that it “is pleased to announce its preliminary unaudited results for the year ended 31 December 2023 as well as an update on its outlook and current trading”. So why are the shares down from approaching 95p in September and currently a further more than 5% today at 48.5p?
HZM
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Horizonte announces that its death has been postponed again but the Grim Reaper is still on his way

It is a postponement but not a solution. Horizonte Minerals (HZM) will go bust and shareholders will lose everything it is just a matter of when.
Senior debt providers have kicked the can down the road again regarding non payment of interest first due on 31 December but then pushed back to March 29 and April 30. It has now been pushed back to May 15 to allow for more talks on restructuring this mess at a subsidiary level.
ALGW
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Alpha Growth auditor walking and other problems – another GOTCHA for team Sheriff!

This week Alpha Growth (ALGW), whose antics we have covered in some detail on this website, presented its accounts for the year ended 31 December 2023. GOTCHA!
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