I previously commented on Photo-Me (PHTM) in January as the shares slid from above 170p to below 155p on UK photo ID regulation media comment. The company has now made a “Trading Update” announcement for its year ended 30th April…
Apparently the demographics that make up ShareProphets dovetails nicely with those that like game shows, as we had an bounty of entries. But only one can be the strongest link.
After numerous delays ECR Minerals (ECR) has announced that all the cash promised by Shenyang Xinliaoan Machinery Co Ltd in the 27 February £553,564 placing is in. As a result of the delays the Chinese had already coughed up about half of that amount in non refundable deposits. But now all the cash is in and new shares will be issued in due course. Phew! What a relief. This has been like pulling dragon's teeth. The shares have responded by moving ahead sharply - another winning share tip from the team!
To say that ShareProphets readers are right wing is to say that WG Grace is the greatest sportsman of all time. Yet, in a blatent scheme to rig the election in favour of the Tories, Tom has arranged for various patsies to argue in favour of the lesser parties. Yesterday Jonathan Price batted for team Lib Dem. Although Tom expects today's offering to be a token paen to Labour. I say, prepare to be shocked: you're going to be voting Labour.
Vela (VELA) has announced that following cracking results from investee company TSX listed BTL it has sold 50,000 shares netting net proceeds of C$263,106.15 (equivalent to £152,530.79). That and the cash remaining from the recent bond issue will support (low) PLC cost and allow Vela to make further investments.
Hello Share Topplers. There are a lot of companies with shares that I’ve sold too early. It’s never wrong to take a profit, they say. But of course it is - if that company rises like a rocket after you sold.
Previously writing on Hayward Tyler (HAYT) I noted a bank facilities extension to the end of May, following an extension of the deadline for a possible offer for the company by Avingtrans plc to also late May. And now…
Wakey wakey Michael Sinclair and the other tossers who run Advanced Oncotherapy (AVO). Time to get out of the luxury gym ( membership fees paid by grateful shareholders) - you need to be issuing a statement don't you? Bracknor? 10 days? Capital Reorganisation? Ring any bells? Come on, call your useless PR man Paul Queenie McManus and tell him to stop promoting the Eden fraud and get a release ready for you.
An 11:26am results announcement from tv distribution and production group DCD Media (DCD). Hmmm, why not a standard 7am release? Let’s take a look…
Green Dragon Gas (GDG) still has not answered the questions posed by the bloody dossier almost four years ago HERE. That made it uninvestable in my book. Its chairman Randeep Gewal was in London yesterday pressing the flesh at Proactive Investors - always a sign that a hat is being dusted off. I am sure he schmoozed the dumb mug punters present but here are a few things he probably did not mention but which you can find in the 2016 annual report HERE.
If ever there was a demonstration of how price is not the same as value when it comes to shares it was Fusionex (FXI). Time and time again we pointed out the red flags yet the company maintained a market cap of up to £100 million. that was £100 million too high. Now, after five years in which £55 million has been transferred from UK Investors to Malaysia the company announced after hours on the Friday before the bank holiday weekend that it would delist. Its shares have crashed to 42.52p (the last fund raise was at 325p) but that is still way too high. And Britain's top share blogger, the fitness guru Paul Scott has weighed in and agrees with me.
Haynes Publishing (HYNS) is a leading riser currently today on the back of a “Trading Statement” announcement which emphasises “a significant turnaround of the business”, including “reportable profit before tax and exceptional items is expected to be c.40% ahead of the prior year”...
Caption this collection of job seekers trying to impress the boss into removing the incumbent (not shown.) Deadline is midnight tonight.
It’s not often that I comment on an RNS entitled Total Voting Rights, but I had been waiting for yesterday’s RNS from Echo Energy (ECHO). In my view, there has been an abuse of AIM rules, or, at the very least, the spirit of the rules, and I believe Echo has just one simple aim, namely to keep the average PI in the dark for as long as possible to enable certain parties to cash in big. Please allow me to explain.
As ever at Election time we ask our writers to explian how you should vote on June 8th. No writer has stepped forward to support Tim Farron's party so reader Jonathan Price again steps up to the plate for which we thank him. So we begin this series with Jonathan's view on why you should vote Lib Dem.
Obviously ShareProphets readers are big, big fans of Jeremy Corbyn - why else would readers make so many comments of Jeremy haplessly kicking a ball? But someone had to win.
Hello Share Crushers. I’m going to have to bring my currently favourite share before you yet again. Stock in Creightons (CRL) once reached a low of about 2p a pop. As I write it is just short of 25p.
Avocet Mining (AVM) “is pleased to announce today that its subsidiary Société des Mines de Bélahouro SA that operates the Inata gold mine in Burkina Faso, has entered into a standstill agreement with its major trade and financial creditors”. I’d suggest it not though being too pleased as yet…
Avanti Communications (AVN) the drowning in debt satellite operator run by a man - David Williams - who has boasted about how he misled to investors to raise capital, by faking a product demonstration, has served up a trading update. As ever with Avanti it is packed with jam tomorrow but the reality is that it is the usual Williams fare, a shit sandwich.
A “S656 General Meeting Update” from Torotrak (TRK). But it doesn’t seem to have released the results for its year ended 31st March 2017 as yet?…
The June edition of the UK Investor Show Magazine is live featuring three resource shares to buy, two more share tips, a voting guide for investors, and where to emigrate if the wrong party wins a special offer expiring on June 14 and much more.
Queenie smears journalists and spins for all the worst companies on the casino from fraudsters Eden to Advanced Oncotherapy to Norfolk's finest Fusionex. He truly is a posterboy for AIM and thus a fitting sponsor for this week's contest. The challenge: We're looking for exemplary examples of sheer stupidity from those founts of brilliance; the Bulletin Board Morons who dwell on the cesspits that are LSE.co.uk, III.co.uk and ADVFN.co.uk. The deadline to post your entries in the comments section below is midnight, Sunday 2 July.
Slater & Gordon (SGH) spunked £649 million on buying the worthless, fraudulent assets of Quindell (QPP) in 2015, a deal that has seen its shareholders suffer a 99% wipeout. It has now filed a UK High Court claim against Watchstone (WTG), Quenron as was for £637 million and we have obtained the papers and, in a major scoop, publish the Claim in full below.
I tipped shares in Saffron Energy (SRON) but urged folks to take profits some months ago. The shares were then 8p+ having listed at 5p. In recent weeks the shares have slithered back towards that 5p and I have been urged by folks to re-tip. I resisted that urge. Something was wrong. Now we all know what some folks have clearly known for a while, what the problem is.
It has taken more than two decades and exposed the Greek planning system for the total joke that it is but Minoan (MIN) now has the all clear to go ahead and develop the spectacular Cave Sidero site in North East Crete.
You may know Tom Winnifrith as the man who exposes fraud on AIM and gets a stack of death threats and lawyers letters for his troubles. Just on Tuesday he has published a massive exclusive on Quindell, the biggest London stockmarket fraud for 30 years, and a con the regulators thanked him for exposing. That breaking news is HERE.
It is good to see a CEO putting his money where his mouth is and the share purchase by Erik Henau should also scotch the silly rumours that a placing is imminent. The Concepta (CPT) head honcho has purchased 80,000 shares at 12.175p. He now owns 293,333 shares so in that context this is a decent purchase. We'd hope to see more boardroom buying soon but expect also to see more hard news on order flow very soon.
I guess if you write for a website that makes the Official Jimmy Saville Fan Club website seem well read and popular, it forces one to also post on Bulletin Boards in order that your words of wisdom/attempts to ramp your flagging portfolio reach an audience of more than three men and a dog. Speaking of dogs - Watchstone (WTG) is stock which bear raider turned Bulletin Board Moron Evil Knievil has long argued is worth 500p. The shares are now 140p ( and falling) after yesterday's massive revelations from me HERE.
I bet the BBC News picks up on it and runs with it too. But its sister publication is quick out of the blocks...The Guardian today runs with a raft of misleading headlines and other fake news as is its wont but the one on Brexit driving EU workers abroad wins the prize. The left wing rag with plunging sales and spiralling losses states: "Almost half of highly skilled EU workers 'could leave UK within five years". The sub head is "Deloitte study finds 47% were considering leaving after Brexit, while overall one-third of non-British workers could leave". Right, okay but hang on what did the survey actually say and was it big enough to be statistically valid?
AIM-listed Advanced Oncotherapy (AVO) has released its full Annual Report. Having looked yesterday at a few things I thought it would be worth a second look – especially in the light of a clean audit report from RPG Crouch Chapman. Mea culpa to myself and Tom who expected something different, but hang on a minute…
Another day and another director walks, a new strategy is adopted and yet more confetti is issued by AIM casino uber dog Mayan Energy (MYN), formally the hound known as Northcote Energy. But this latest move just makes no sense at all. Let me explain with a little bit of help from a friend....
I warned you in explicit terms yesterday that the doubling of the Strat Aero (AERO) share price to 0.14p on the back of results which can best be described as a shit sandwich with dollops of jam tomorrow on top, was not justified. The shares have now slumped back to 0.09p-0.11p (TW 7, BBMs 0 once again) but do not BUY now for there are still deluded fools abroad.
Metal Tiger (MTR) has updated on exploration at the Logrosan Minerals joint venture in Spain – helping the shares currently slightly higher to 2.03p mid.
A year ago Ronald Stoeferle stated that we were at the very beginning of a bull market in gold, He was wrong. He says that was stopped by Donald Trump. Gold and commodities are dirt cheap when compared to stocks. Equities, bonds, and real estate are at or near their all time highs. He thinks the dollar is close to rolling over.
In a sense this is not that relevant as Advanced Oncotherapy (AVO) is within a couple of months of running out of cash and going tits up but on a point of principle I have written to the my very good friends at the Financial Reporting Council as there are aspects of Advanced's 2016 annual report and accounts which stink more than a pile of rotting kippers left out at a sewage farm in the scorching midday heat. The letter follows:
A few weeks ago I penned a piece on Blenheim Natural Resources (BNR) in which I was highly skeptical of the recent holdings RNSs from a certain Pershing Nominees/Valbury Capital.
Worthless AIM listed piece of excrement Servision (SEV) always seems to report its results at the last possible moment to avoid suspension on the casino. In 2016 calendar 2015 numbers (piss poor) arrived on the 30 June deadline day. For 2016 its a slam dunk bet that the numbers (piss poor) will arrive this Friday on deadline day. Why is that?
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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