Obtala (OBT) should be a simple business to understand, its website explains that it farms just over 1,700 hectares of land in Tanzania and that it’s transitioning its forestry business to supplying hard wood products from 314,000 hectares of forestry concessions. And yet the group structure, accounts and accounting practices are possibly the most opaque that I’ve seen for an AIM company for quite some time. I’m going to highlight three points that should make the longs very concerned and should tempt the shorts out to play.
In this video from the storming success that was the 2017 UK Investor Show, Ian Bristow, Finance Director of Symphony Environmental Technologies (SYM), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.
Hello Share Smashers. I can claim to be an expert in chemicals. Well, not really, though I hold a GCE in chemistry which shocked my old teacher when he saw the list of successful students. Which leads me to look at Croda (CRDA) - a chemicals company based within aping distance of my birth town, Doncaster.
With CloudTag (CTAG) out of the way, and the Filty Forty winding down to the Filthy Few, it's anyone's game to win. This week, extra points will be given to submissions from sites other than LSE, as I am beginning to suspect that entire site is some sort of art project by some City Boy who really resents not going to St Martins. Perhaps it should be ADVFN where the board seem as interesting as the customers. Your deadline to submit entries in the comments section below is midnight, Sunday 9 April.
In this video from the storming success that was the 2017 UK Investor Show, Gervaise Heddle, CEO of Greatland Gold (GGP), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.
Safestyle UK (SFE) has announced “record results” for 2016 and that it “is well placed to continue its progress in 2017”. But…
In this video from the storming success that was the 2017 UK Investor Show, a discussion on the game-changing technology of the blockchain from Coinsilium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.
I think I should rename Deputy Sheriff Towers as Smug Towers. Having offered two sells in the ShareProphets Tipfest for this year, Igas Energy (IGAS) duly crashed to bottom out at 4.5p (I’d been saying sell from 18.5p - last year’s Christmas tipfest, and then 11.625p this year). Last week came the turn of Filthy Forty play Taihua (TAIH) to do the decent thing and collapse in the wake of an entirely squeaky clean suggestion that it delist from the Casino. There’s nothing wrong here at all – move along please, nothing to see……
From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2016 and thus far in 2017 (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...
This podcast from Palisade follows E.B. Tucker recently attending a conference promoting the housing market, where there seemed to be a lot of interest and several big name speakers. He thinks this is an indication of where we are, as the housing market is cyclical the time to buy real estate was several years ago. Returns in real estate are likely to be remain low. If you're interested you could look at regions with growth, like Brazil where they have better demographics.
YouTube automatically chooses a still from a video to place on the holding page. The one that the algorithm chose for our video of Galileo Resources (GLR) at the UK Investor Show shows Colin Bird, also of Jubilee Platinum (JLP) and Xtract Resources (XTR) in a particularly animated pose. Caption this picture - your deadline to post entries in the comments section below is midnight tonight ( Sunday 9th April).
The Serious Fraud Office investigations into the Quindell (QPP) fraud and the fraudster in chief Rob Terry continue but it seems that the old criminal and future jailbird has not changed his mendacious ways. He is now in a spot of bother with the consulting giant Accenture,
In this video from the storming success that was the 2017 UK Investor Show, Albert E Sisto, CEO of Tern Plc (TERN), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.
In the past seven days, 49,498 unique readers read 82,876 pages on ShareProphets. The circulation of the Investors Chronicle is c30,000. Shares is less than half of that. To our critics who think we do not count, we say think again.
In this video from the storming success that was the 2017 UK Investor Show, Patrick Hayes of Mis Sold Investments is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.
At the UK Investor Show on Saturday I got chatting to a group of likely lads who were in celebratory mode, having enjoyed considerable success of late at momentum trading AIM resource stocks. Bushveld Minerals (BMN) was a name that cropped up, so I decided to have a quick look.
In this video from the storming success that was the 2017 UK Investor Show, Colin Bird of Galileo Resources (GLR) is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.
In this week's podcast from Palisade, David Skarica claims there is a potential for a market decline especially if Trump is unable to make the tax and stimulus reforms that he campaigned on. Many things have been priced into the market based on the early enthusiasm over his promises, as a result there could be an unraveling and that should have a negative effect on the market. The upcoming national debt ceiling limit could be a political hot spot for this administration as well.
In this video from the storming success that was the 2017 UK Investor Show, Rob Lewis of Magic Works is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.
We tipped this stock at the end of March at a 0.01p offer. The target to sell is 0.016p (soon to be 4p post a share consolidation). The tip reads:
The April edition of the UK Investor Show Magazine is live featuring Metal Tiger, BMR, Harley Investments, Action Hotels and much more.
Making money from shares is simple. Well it should be. Buy cheap. Hold. Hold. Hold. Hold, and finally sell when the shares have delivered you big gains. Where so many folks go wrong is getting impatient and not being prepared to hold, hold, hold. Let us tell you about Symphony Environmental (SYM) which we tipped at a 6.75p offer just over three years ago. It did nothing for ages....
This week's contest is graciously sponsored by African Potash, AIM, NEX, Chris Cleverly vehicle that is bound to hit the stratosphere.*
Before I call it a day I want to see the victims of the African Potash (AFPO) fraud get some of their money back, even if some of those victims were fairly beastly to me as I exposed the fraud. Friday's bombshell from Potash shows the game is up but the big frauds happened before this worthless enterprise was booted off AIM. To that end I have been working to help put together a legal action. That action is now almost underway and Peter Petyt, the man running things, wrote to more than 50 victims who have come forward at the weekend. If you lost money and want to try to get it back it is not too late to contact Peter. His letter & contact details follow.
In this video from the storming success that was the 2017 UK Investor Show, Paul Scott finds Nigel Wray's and Paul Mumford's investment strategies. And make sure that you keep April 21 2018 free for next year's UK Investor Show.
Artificial political constructs never last. The EU is great for the “elites” in Brussels; not so much for the average citizen and the tragedy of monetary union is that Europe's political class has gone to extreme lengths to hold the euro together regardless of underlying economic logic. But this has only perpetuated and exacerbated the coming political crisis. "Monetary union has created a conflict between a centralised elite on the one hand, and the forces of democracy at the national level on the other. This is extraordinarily dangerous,” Mervyn King wrote in his recent book 'The End of Alchemy'.
As I flagged up over the weekend, in a desperate attempt to keep the fraud from becoming insolvent, African Potash (AFPO) has proposed a RTO of a company called Onshore Energy Limited, OEL. Lyin' Chris Cleverley Potash's boss is also a director and shareholder on OEL. But it gets worse. Much worse.
I previously wrote on WANdisco (WAND) in January – ‘one quarter does not an investment make, but offers some encouragement for shareholders’. The following updates with the shares currently on the rise on the back of a “Significant customer win and Q1 update” announcement…
Yesterday we wandered through the first page of search results on the OpenCorporates.com website to look at the record of AIM-listed Advanced Oncotherapy (AVO) Executive Chairman Dr Michael Jeffrey Sinclair. There are rather a lot – here comes page 2.
Stanley Gibbons (SGI) has announced it “has sold one of the rarest pieces of Indian Philately to a private collector-investor in Australia for £500,000, the highest price ever paid for a single Indian philatelic item”.
ShareProphets AIM-China Filthy Forty play Taihua (TAIH) announced last Friday that the EGM called to approve the company’s proposed delisting from the AIM Casino had passed the proposals with the requisite majority. The shares are expected to depart the world’s most successful (but perhaps not for Taihua) growth market first thing on 8 May. In the wake of the announcement – at 4.15pm last Friday, bordering on no-one-is-watching o’clock - the shares again nose-dived, registering a new low of 0.1p on the bid yesterday, but all of a sudden the stock is on the rampage this morning. What is going on?
AIM-listed Advanced Oncotherapy (AVO) – teetering on the brink of having to call an EGM to reduce its nominal share capital under the terms of its death-spiral funding package with Bracknor – has announced yet another director share purchase, the fourth just this month (if we ignore the botched 7am RNS of 4 April). As ever, this is just a spoof in order to encourage more buying in the market so as to allow Bracknor to offload more of its death-spiral conversion shares as Advanced hopes and prays for the next £1.235 million tranche of funding before the coffers run dry.
On 12 April 2017, the fraud that is African Potash (AFPO) announced a change of auditors from RSM UK Audit LLP to PKF Littlejohn LLP. One can understand why RSM UK Audit LLP might be keen to cease its relationship with a company with the frankly appalling track record of African Potash but how desperate does PKF Littlejohn LLP look in taking on African Potash as an audit client?
The COT report reveals the large paper short and long positions in silver. Currently it appears to be indicating a small downtrend in the silver market. In this week's Palisade podcast David Morgan discusses how silver markets move and how they can be pushed to the downside once investors run low on cash, as banks will short the market at opportune moments.
Goals Soccer Centres (GOAL) has admitted “preliminary discussions” with key rival Powerleague on “combining the two businesses”, though emphasises that is “but one of the strategic opportunities currently being assessed by the Goals board”…
An announcement from Blancco Technology Group (BLTG) entitled “Q3 Trading Update, Cash Flow Review and Funding”. Hmmm, I’d guess it ain’t gonna be positive…
Truly, there are no winners from the pool of Bulletin Board morons, only those who succeed in making our eyes roll the furthest.
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.
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 AIM listed shares go down, pay no CGT, avoid IHT - EIS could be the way and this book explains how.
Most investment books seem to be large enough to keep the front door open and while some contain gems it is hard to find them amid the verbiage. The aim here is to produce a short guide which simply cuts to the chase. I hope that it will provide food for thought for everyone from beginner to expert but whoever you are it should be quick and easy to read and digest.
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