Share Prophets

Wednesday 1 July 2015 | The one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares



    5 days ago | By Tom Winnifrith

    Tom Winnifrith BearCast - Independence day for Greece July 5, Tsipras calls referendum

    High drama tonight as Greek PM Alex Tspiras has called a referendum for July 5: should Greece accept the misery of the latest proposals from the banksters or go bust? Events will move rapidly during the next eight days - we may well see the banks shut down as soon as Monday. Already there are long lines outside ATMs in Athens. Is Tsipras right to call a vote? Yes. What should my neighbours in Greece vote? No! They should vote for default and I hope that Tsipras will lead a campaign for such a vote. July 5th could be freedom day, independence day, a glorious day for the Hellenic Republic. It is time for Greece  to tell the EU and the banksters where to stick it.

    Greek Tear

    3 days ago | By Tom Winnifrith

    Bulletin Board Moron & flip flop New World/Sefton sweepstake competition & last week's prize winner

    I am not sure about you but I am getting 150% bored with two companies with a combined market cap of c£5million, viz Sefton Resources and New World Oil & Gas. But your esteemed editor flip flop Ben Turney does not share that sense of ennui. And so to this week's competition.

    Wicker-Man

    16 hours ago | By Malcolm Stacey

    The Greek Tragedy Moves Me to Say Goodbye.

    Hello Share Shovers. I’ve always thought that I would vote to stay in Europe when we have our referendum. I fondly believed that, as other European countries are our biggest market, it would be daft to cut loose.

    Euro

    7 days ago | By Tom Winnifrith

    Tom Winnifrith Bearcast 25 June - is Malcolm Stacey Getafix?

    I keep having this odd image of Malcolm Stacey. He lives among the heathen celts of Wales and is a self confessed money tree worshipper, an older man with white hair - he is Getafix, the druid from Asterix the Gaul. Getafix heads off into the woods with his sickle to hack away mistletoe to make potions. Malcolm heads off into the woods to hack away at the money tree and then brews up a potion.

    GetAFix

    5 days ago | By Gary Newman

    Sirius Minerals could be about to offer a great buying opportunity

    Sirius Minerals (SXX) has massive potential and I think people could be about to get a chance to buy in cheaply again. The AIM-listed company is sat on the largest and highest-grade deposit of polyhalite (potash) in the world, and that is right here in the UK under the Yorkshire Moors!

    EPIC code: SXX

    15 hours ago | By Tom Winnifrith

    Tom Winnifrith – off to Greece on Friday, live riot porn blogging from Athens from Saturday

    The Mrs has given me the green light and in fact is almost certain to join me as I head off to Greece ahead of Sunday’s referendum for a touch of riot porn and poverty porn blogging from Syntagma Square in Athens.

    Acropolis

    6 days ago | By Tom Winnifrith, The Sheriff of AIM

    Breaking Exclusive: Oh Dear – more bad news for Quindell, YLF class action ups the ante today

    Oh dear, poor old Quindell (QPP). Following news of the FCA investigation and additional internal checks on Rob Terry’s accounting fraud, I can reveal that those plan ing a class action have now appointed a top barrister as they prepare to lodge a claim. This is an additional threat to the special dividend this fraudulent company had promised. 

    EPIC code: QPP

    9 hours ago | By Tom Winnifrith

    Bulletin Board Reality Denier of the Week Contest – Quindell, Afren or Worthington?

    A special class of Bulletin Board Moron is the denier who insists that is what is patently bad news is in fact good news. The suspension of trading in shares in Quindell and an SFO/FCA probe? Yup according to the Quindell Echo that was – on balance good news. Worthington no news is good news if you are a denier. As for Afren, possibly bankruptcy well that is a buying opportunity for the denier.

    EPIC code: QPP

    6 days ago | By Tom Winnifrith

    Merkel tells Greek PM Tspiras to shut up, Trichet accuses Greece of blackmail, EU plots Greek coup – Time for Greece to tell the banksters to Fuck Off

    The German Fuhrer Frau Merkel last night told Greek PM Alex Tsipras to “shut up.” Monsieur Trichet of the ECB accuses mighty Hellas of “blackmail”. And worst of all, leaders of the three main Greek opposition parties have been invited to Brussels for talks – a coup is being planned in the birthpace of democracy.

    Acropolis

    13 hours ago | By Ben Turney

    Are you a customer of Barclays Stockbrokers? Has it disposed of your shares too without your permission?

    Evidence started to emerge four weeks ago of a major problem with the nominee service used by clients of Barclays Stockbrokers, Barclayshare Nominees. There is now a strong suggestion that Barclayshare Nominees and Barclays Stockbrokers have disposed of clients’ physical stock without their permission. This is a shocking turn of events in the New World Oil & Gas (NEW) forward selling fiasco and points to an even graver flaw in the mechanics of the London Stock Exchange’s Alternative Investment Market. Something like this should just not be possible, but the numbers appear telling.

    EPIC code: BARC

    7 days ago | By Nigel Somerville, The Deputy Sheriff of AIM

    Is Afren trying to dupe its shareholders?

    There is just so much to say about the restructuring it is hard to know where to start. A good place would be Waseem Shakoor’s piece HERE, but there are concerns that Afren is being, shall we say, less than helpful to its beleaguered shareholders as they decide upon whether to take part in the open Offer as part of the proposed restructuring.  Let us take a look at a few statements in the RNS and Prospectus from last Friday.

    EPIC code: AFR

    5 days ago | By Nigel Somerville, The Deputy Sheriff of AIM

    Afren – 10 Red Flags to consider before piling in to the Open Offer

    One of the things which investors should ask themselves is: who gains? And with reference to Afren (AFR) this is a pertinent question. It surely is clear as day that it is the bondholders who have been calling the shots (or shorts!) since the company essentially ran out of cash. At any moment, the bondholders could have called in their cash and Afren would have been toast. That they didn’t suggests that the current proposals on the table offer the bondholders a better deal. It surely is better for shareholders too – the alternative being a certain wipe-out, as opposed to a gamble on recovery – but should shareholders put more of their cash into Afren via the Open Offer? I have grave reservations.

    EPIC code: AFR

    3 days ago | By Tom Winnifrith

    Tom Winnifrith BearCast - 29th June

    Oh happy days, oh happy days. Firstly my daughter turns 14 today. Born at just 1lb 4 oz she was a miracle baby and has turnd into a cracking young lady. Secondly the Slater & Gordon/Quindell mess gets messier by the day. Lube up Rob Terry, B Wing awaits. And then I move onto Greece and China to equity market valuations and then on to Progility, HSS Hire and Lamprell.

    Bearcast

    2 days ago | By Tom Winnifrith

    Druid Getafix, aka Malcolm Stacey, must have over-imbibed at the Punter’s Return – ref Tesco

    This morning my money tree worshipping comrade, the druid Getafix, aka Comrade Malcolm Stacey has written comments (HERE) about Tesco which are so completely insane that I have to respond. Quite simply, I can only assume that Malcolm took too much magic potion last night as he appears to be off with the fairies. Malcolm writes about Tesco:

    GetAFix

    7 days ago | By Tom Winnifrith

    Tom Winnifrith GreeceCast will traitor Tsipras show spine & tell the banksters to screw themselves this time?

    The IMF banksters have made new demands of Greece which are just not acceptable. Will PM Tsipras finally show some spine and tell the banksters where to get off, default and offer hope and a future for a post bankrupt Greece. Or will he once again be a traitor to his nation and his people and cave? This is now getting very interesting. Once again I suggest Tsipras reads the great Lord Byron (HERE) and thinks about what could be for a Greece freed from the debt and the banksters.

    Greek Tear

    6 days ago | By Ben Turney

    Sefton Resources: a recovery story to believe in, so long as jokers don’t ruin it

    At long last clear daylight is now shining on Sefton Resources’ (SER) much anticipated deal to bring in a new CEO and asset to the business. Although yet to complete, with hurdles still to overcome, this is genuinely starting to look like a recovery story people can believe in and get behind. That is so long as the various pantomime characters pursuing the company don’t foul things up with their tomfoolery.

    EPIC code: SER

    6 days ago | By Waseem Shakoor

    Afren: Turkeys May Vote For Christmas, 0p On Cards‏

    The voting at yesterday's AGM from Afren (AFR) was interesting, to say the least. Whilst there was only a tiny proportion of shareholders who took part, there was a rather curious result. The majority of the resolutions got overwhelming support, not least the re-election of Alan Linn, who is the new head of the company.

    EPIC code: AFR


    9 hours ago | By ShareProphets

    Top Oil Stocks to buy for Summer 2015 - New ShareProphets Guide

    ShareProphets Press' third book of 2015 is by the writers of ShareProphets. In it, the UK's most well-informed writers look at the best-bet oil stocks to buy for summer 2015.

    US-Flag-Blonde

    9 hours ago | By Tom Winnifrith

    Bulletin Board Reality Denier of the Week Contest – Quindell, Afren or Worthington?

    A special class of Bulletin Board Moron is the denier who insists that is what is patently bad news is in fact good news. The suspension of trading in shares in Quindell and an SFO/FCA probe? Yup according to the Quindell Echo that was – on balance good news. Worthington no news is good news if you are a denier. As for Afren, possibly bankruptcy well that is a buying opportunity for the denier.

    EPIC code: QPP

    2 days ago | By Tom Winnifrith, The Sheriff of AIM

    A letter to Lord Michael Howard regarding Quindell’s 2011 Results – the biggest fraud of all

    Former Tory leader Michael, now Lord, Howard recently joined the board of Quindell (QPP) as a non-exec. The man is actually a Ned at about half a dozen little companies but I am sure that he is not a grubby ex politician using his good name to make a few bob in retirement but actually wants to help these companies move forward. And in that vein I have today written to him about the biggest – proportionate – fraud at Quindell, the 2011 accounts.

    EPIC code: QPP

    2 days ago | By Tom Winnifrith

    Feeling like I am on acid at the Ariana Resources party - the ghost of convicted felon Charlie Gibson

    Ariana Resources (AAU) is ten years old. I really do admire its battling CEO Kerim Sener who is a really very good chap. The shares are – at 1.15p mid – very cheap and so I was delighted to attend its 10th anniversary on the AIM casino party tonight. I return very well refreshed - it has been one hell of a trip.

    Clown

    13 hours ago | By Ben Turney

    Are you a customer of Barclays Stockbrokers? Has it disposed of your shares too without your permission?

    Evidence started to emerge four weeks ago of a major problem with the nominee service used by clients of Barclays Stockbrokers, Barclayshare Nominees. There is now a strong suggestion that Barclayshare Nominees and Barclays Stockbrokers have disposed of clients’ physical stock without their permission. This is a shocking turn of events in the New World Oil & Gas (NEW) forward selling fiasco and points to an even graver flaw in the mechanics of the London Stock Exchange’s Alternative Investment Market. Something like this should just not be possible, but the numbers appear telling.

    EPIC code: BARC

    10 hours ago | By Tom Winnifrith, The Sheriff of AIM

    ATE: A New £75 million or more headache for either Quindell or Slater & Gordon

    Oh dear, it seems as if the NBF’s of Quindell PLC, the FCA, are now investigating another huge misselling scandal in the legal profession and that as a result of this – and work being done by the SRA – either Quindell PLC or Slater & Gordon could be picking up a bill for £75 million or more. It never rains…

    EPIC code: QPP

    2 days ago | By Tom Winnifrith, The Sheriff of AIM

    Tom Winnifrith Bearcast 30 June No 1 - Felon Charlie Gibson, Sefton & Impairment

    Before I turn to Sefton and the wider issue of impairment (or not) on the AIM casino I am still bristling after being rubbed up the wrong way last night by an apologist for convicted felon Charlie Gibson and so until I get bored I wish to remind you of why Gibson is a felon (HERE). Then onto today's business. To give flip flop a break there are a few comments on Sefton's results and why I am still a bear. Then the issue of asset impairment and today's Kansas news vindicates a lot of what Dan Levi and I said about Jimmyliar Ellerton. But it raises the wider issue of inadequate impairment reviews on the AIM casino.

    EPIC code: SER

    10 hours ago | By Tom Winnifrith

    Tom Winnifrith BearCast 1 July

    I forgot to mention convicted felon Champagne Charlie Gibson in the podcast. Silly me. But in case you have forgotten why he is a felon go HERE and why I am going to keep mentioning it go HERE. In the actual Bearcast I look at Sirius Minerals and Monitise and then have breaking news on the unlikely hero of the day China fraud specialist Mr Paul Shackleton and bad news for investors in Gate Ventures. Then it is onto Daniel Stewart with a bad Winston Churchill parody. Then onto Speedy Hire, Lightwaverf, Independent Oil & Gas and Phorm where the chickens are coming home to roost, at last.

    Bearcast

    1 day ago | By Tom Winnifrith

    Tom Winnifrith Regular Bearcast 30 June - Geong Geong Gone!

    In today's regular podcast I decide that I am not yet bored of niggling the felon Charlie Gibson so remind you again of his naughty antics (HERE) - his colleague really should not have been such a beastly apologist for crime last night (HERE). Then onto business. China is more of an issue than Greece. Then there are the China frauds and I predict bad things for Gate, Geong and Jiasen and call on Gate to fess up to is real Nomad position. Then onto William Sinclair, Torotrak and Motive TV. And I also discuss why I am not quite so mega bearish as you might think.

    Bearcast

    16 hours ago | By Malcolm Stacey

    The Greek Tragedy Moves Me to Say Goodbye.

    Hello Share Shovers. I’ve always thought that I would vote to stay in Europe when we have our referendum. I fondly believed that, as other European countries are our biggest market, it would be daft to cut loose.

    Euro

    2 days ago | By Zak Mir

    Zak Mir's Bulletin Board Heroes - Active Energy, Forbidden Technologies, MX Oil, Redde, Tungsten Corporation

    Featuring Active Energy, Forbidden Technologies, MX Oil, Redde and Tungsten Corporation

    EPIC code: MXO

    2 days ago | By Ben Turney

    Range Resources: Puntland turns to dust, royalties leave little left to play for

    After eight years, tens of millions of dollars spent, the building of an “airport”, a failed two well drill campaign, an oil to water controversy, an absurd contemplated plan to drill in pirate infested waters and one of the most hyped stock promotions in recent years Range Resources (RRL) has announced this morning that it is pulling out of Puntland. Shareholders are left with nothing, other than a greatly overvalued stock price.

    EPIC code: RRL

    13 hours ago | By Tom Winnifrith

    Is Alex Tsipras of Greece the Ephialtes of 2015 - at the last gasp a traitor who caves?

    Stocks are soaring across Europe on reports that Greek Prime Minister Alex Tsipras has blinked, has caved and surrendered to the banksters. Is his name indeed set to join those on Traitors Wall that starts with Ephialtes and includes most thieves, sorry Greek politicians, of the past forty years? The FT reports this morning that Tsipras has written to the banksters agreeing, essentially, to all their demands in return for more money which can then be used to repay existing debts as they fall due. This, if true, is madness and treachery.

    Acropolis

    15 hours ago | By Tom Winnifrith

    Tom Winnifrith – off to Greece on Friday, live riot porn blogging from Athens from Saturday

    The Mrs has given me the green light and in fact is almost certain to join me as I head off to Greece ahead of Sunday’s referendum for a touch of riot porn and poverty porn blogging from Syntagma Square in Athens.

    Acropolis

    16 hours ago | By Zak Mir

    Zak Mir's Bulletin Board Heroes - Amur Minerals, Anglo Asian Mining, Eurasia Mining, Sefton Resources, Xtract Resources, Westminster Group

    Featuring Amur Minerals (AMC), Anglo Asian Mining (AAZ), Eurasia Mining (EUA), Sefton Resources (SER), Xtract Resources (XTR) and Westminster Group (WSG).

    EPIC code: EUA

    1 day ago | By ShareProphets

    Guscio – what’s afoot?

    The stockmarket has taken a two day thrashing but the odd company has bucked that trend and such outliers perhaps merit investigation. That brings us to Guscio (GUSC), an investment company born out of a failed media business. Its shares trade a touch better today at 9.125p valuing the enterprise at just over £1.5 million.

    EPIC code: GUSC

    14 hours ago | By Tom Winnifrith

    Sefton Boardroom Excess: Sorry Clem my friend this is not acceptable

    We have a lot of business dealings with ADVFN PLC and so writing this is very hard but we cannot give ADVFN boss Clem Chambers an easy time on the basis of our relationship, because the latest news of boardroom excess at Sefton Resources (SER) is just not acceptable.

    EPIC code: SER


Top Oil Stocks to buy for Summer 2015 - New ShareProphets Guide

By ShareProphets 8 days ago

ShareProphets Press' third book of 2015 is by the writers of ShareProphets. In it, the UK's most well-informed writers look at the best-bet oil stocks to buy for summer 2015.

UK Investor June 2015

By ShareProphets 27 days ago

Zak Mir: The Ten Stocks to buy for Summer 2015

By ShareProphets 35 days ago

ShareProphets Press' second book of 2015 is by Zak Mir. In it, the UK's most well-known technical analyst looks at the 10 best share buys for Summer 2015.

49 Red Flags – how to avoid investing in shares that will plunge by Tom Winnifrith

By ShareProphets 181 days ago

ShareProphets Press' first book of 2015 is by Tom Winnifrith, The Man who exposed the fraud at Quindell. In it, Winnifrith demonstrates the forensic accounting techniques that he uses to expose the secrets that companies are trying to hide. No investor should be without it.

Get FIVE Books by Tom Winnifrith worth £29 for free

By ShareProphets 272 days ago

Tom Winnifrith now has FIVE books all written within the past year on sale on Amazon.  Together they cost £29 but you can order all five for FREE today.

EIS - Buying shares with numerous tax breaks

By ShareProphets 296 days ago

 

Get the first ShareProphets Pocket Guide ebook, EIS - Buying shares with numerous tax breaks. Want to cut your income tax bill, get loss relief if your shares go down, pay no CGT, avoid IHT - EIS could be the way and this book explians how

71 Years in the City, 71 Tricks of the Share Trade

By ShareProphets 327 days ago

 

Get the latest ebook by Tom Winnifrith and Robert Sutherland Smith, 71 Years in the City, 71 Tricks of the Share Trade

Together Robert Sutherland Smith and Tom Winnifrith have now been working in finance for 71 years - the last ten or so together. Tom wishes to stress that RSS accounts for most of that, the great value investor starting his City career at the Unilever Pension Fund the year before Tom was born. In this book they outline 71 tricks of the trade for making money from shares.

The 49 Golden Rules of Making From from Oil, Gas, and Mining Stocks

By ShareProphets 341 days ago

 

Get the latest ebooks by Tom Winnifrith and Ben Turney, The 49 Golden Rules of Making Money from Oil, Gas, and Mining Stocks.

Iain Maitland: The Golden Rules of Making Money from Residential Property

By ShareProphets 393 days ago

Get the NEW ebook by Iain Maitland, The Golden Rules of Making Money from Residential Property. Act fast - there are only 100 free copies available ahead of publication on Amazon on Monday. Pay £10.25 then and there or order a free copy now for despatch within 72 hours HERE.

Malcolm Stacey: Armchair Tycoon

By ShareProphets 523 days ago

The classic by Malcolm Stacey is back in a new eBook edition, Armchair Tycoon. The secrets disclosed in this book are vital for anyone wanting to make a mint from the Stock Market ... the lazy way. We have just secured another 75 copies for regular ShareProphets readers. Sign up straight away for your free copy to avoid disappointment.

Tom Winnifrith ebook: The 49 Golden Rules of Making Money from Shares, RRP on Amazon £10.25 - A few FREE copies on offer

By ShareProphets 554 days ago

 

Get the NEW ebook by Tom Winnifrith, The 49 Golden Rules of Making Money from Shares now selling at £10.25 on Amazon for FREE. We have just a few free copies available for despatch this month.

 

Zak Mir: The 49 Golden Rules of Making Money from Technical Analysis of Shares

By ShareProphets 584 days ago


Get the NEW ebook by Zak Mir, The 49 Golden Rules of Making Money from Technical Analysis of Shares.. Act fast - there are only 50 (FIFTY) free copies available.

Search ShareProphets |

Stock market news |

Recent Comments |





About ShareProphets

Contact Us

Advertise With Us

Send Us A Tip

Donate


Terms of Service

Privacy Policy

Cookie Policy


Forgot My Password

Forgot My Username

Resend Account Validation Token

Site by Everywhen