ShareProphets

Wednesday 26 April 2017 The one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares


16 May 2016, 08:36 | By Andrew Monk, CEO of VSA Resources |

Time to buy miners or just gold miners?

A couple of weeks ago, the FTSE AIM All Share Basic Resources crossed again to the upside on the 200 day moving average. It did this a year ago as well but lost it back, and then some, with the ‘Sell in May and Go Away’ sentiment which was seriously amplified by the Chinese equity market sell off in the summer of last year.  The FactSet chart below shows the story.

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16 May 2016, 08:11 | By Tom Winnifrith |

Video: Tom Winnifrith Introductory Remarks at UK Investor Show

I cant remember if I said anything of any interest whatsoever in this short introduction so this is possibly the most boring video of all from UK Investor Show. But, as in that 2014 classic from the UK's most talented chanteuse and original creative mind, "I don't care".

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16 May 2016, 08:03 | By Gary Newman |

Bushveld Minerals deal looks good - speculative buy

Vanadium isn’t a metal that I am that familiar with, but it is found in many everyday items where it is commonly used as an additive to steel to manufacture things such as gears, or anything else that needs to be wear-resistant, and more recently in batteries to store energy.

16 May 2016, 07:51 | By Tom Winnifrith |

Video: Nigel Wray, TW, Chris Bailey & Paul Jourdan at UK Investor Show - value investing

After Saracens European triumph on Saturday I imagine that Nigel Wray will be a happy man. He was at the centre of the value investing panel at UK Investor Show with Chris Bailey of Financial Orbit, Paul Jourdan of Amati and myself, Tom Winnifrith. Enjoy

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16 May 2016, 07:46 | By Malcolm Stacey |

Belt Up With Burberry - and Consider Buying the Shares.

Hello Share Shovellers. It’s been some time since I featured a favourite company of mine, Burberry (BRBY), the makers of famous coats. But I am indebted to an article in the Guardian (TW Note: You read that rag, consider yourself on a disciplinary) for some more information on this outfitting outfit, which apparently has never before invited a journalist into its coat factories in Castleford and Keighley in West Yorkshire. 

15 May 2016, 12:15 | By Tom Winnifrith |

Tom Winnifrith Bearcast - Petroceltic's O'Cathain blames others - bring out the piano wire for him

I start with a few comments on Brexit The Movie, noting how the EU has screwed the little guy across the continent but especially here in Greece. Then it is onto the pathetic bleatings of Mr O'Cathain of Petroceltic (PCI) and also a demented analyst from Cenkos. Both deserve piano wire. But what lessons do we learn from the wipeout of Petroceltic and their dismal attempt to gain forgiveness? 

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15 May 2016, 11:31 | By Pizza Hardman Darren Atwater |

Notes from Underground: Four Strong Winds

In a more perfect world you would be looking at a picture of yours truly gladhanding the governor of the Bank Of England, Euro loon Mark Carney, in this space.

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15 May 2016, 11:08 | By Tom Winnifrith |

EXCLUSIVE Teathers Financial – shareholder action group to requisition EGM on Wednesday to sack board

This Wednesday shareholders in Teathers Financial (TEA) plan to requisition an EGM to seek replacement of the board, we can reveal. With the company facing imminent delisting for failing to fulfil its investment policy, shareholders are left with two options. They can either back the old board to deliver its mystery £1million investment into the private company or they can back the action group to salvage what value it can from the wreckage of the PLC.

15 May 2016, 10:43 | By Tom Winnifrith |

Video: The Mark Slater presentation from the UK Investor Show

As ever, my friend Mark Slater provided one of the highlights of the UK Investor Show although I am starting to worry that as we approach fifty he is showing a few alarming signs of political correctness. You will really enjoy this presentation.

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15 May 2016, 10:35 | By HotStockRockets |

Good news from Leon at Jubilee Platinum - buy

Shares in Jubilee Platinum (JLP) are on the rise on the back of an announcement of outperformance of original design numbers at its tailings processing project on the Dilokong chrome mine.

15 May 2016, 10:31 | By Tom Winnifrith |

Video: Chris Gilbert of Fox Marble at UK Investor Show

This presentation has been somewhat overtaken by events - something Steve & I cover HERE - but Chris Gilbert gives a good explanation of the investment case none the less. Enjoy.

15 May 2016, 09:53 | By Nigel Somerville, the Deputy Sheriff of AIM |

e-Therapeutics - more on that transaction to re-buy Searchbolt: were the rotting kippers stuffed with rotting pickled anchovies?

Tom Winnifrith has already stuck the knife into e-Therapeutics (ETX) over its related party deal to re-buy Searchbolt – a company it had previously spun off as non-core (see HERE). Noting the lack of recent accounts, following an extension of its accounting period, there have been no numbers since the period ending July 2014 – figures which were filed very late (14 months post period), and which showed net current assets of MINUS £12,615 and net assets of MINUS £166,078 and £831,528 of losses had been racked up over about seven years (with about £45,000 during the year to July 2014).

15 May 2016, 09:35 | By Tom Winnifrith |

Video: Thomas Wagenhofer of Westport Energy at UK Investor Show

Westport is listed on the US OTC market but came over to present at UK Investor Show for reasons that you will see explplained in this video.

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15 May 2016, 09:26 | By Tom Winnifrith & Steve Moore |

Fox Marble placing - we take part: the shares are a buy

Kosovo and Macedonia quarrier Fox Marble (FOX) has announced financing developments – including a conditional £2 million gross placing at 10p per share and we took part in a small way. The funding is:

15 May 2016, 09:21 | By Tom Winnifrith |

Video: Cathal Friel of Amyrt Pharma (formerly Fastnet) at UK Investor Show

Cathal Friel did the right thing in turning Fastnet (an oil company) into Amryt (AMYT) a pharmaceuticals play. We bought into the RTO placing. Here is Cathal explaining the story at UK Investor Show. Enjoy

15 May 2016, 09:15 | By Nigel Somerville, the Deputy Sheriff of AIM |

LGO Energy and Commerzbank TR-1s – surely shome mishtake?

I’m a bit confused: how can you sell down your holding and at the same time increase your % interest all at the same time? Well, I guess that’s pretty complicated stuff and best left to the professionals.

14 May 2016, 15:23 | By Tom Winnifrith, The Sheriff of AIM |

Andalas Energy - Disgusting Greed, Cornhill, gaps in the AIM document & cash crisis looming

I suspect that few of those idiotic enough to take part in the 0.2p £2.6 million placing by Andalas Energy (ADL) will have bothered to read as far as page 113 of the AIM readmission document. Prepare to be horrified.

14 May 2016, 13:45 | By Tom Winnifrith, The Sheriff of AIM |

Tom Winnifrith Bearcast: Darren a fecking genius, Uramin scandal explodes & Malcolm wrong on Advanced Oncotherapy?

I had a really weird computer snag which threatened to stop play. Luckily pizza hardman Darren Atwater can be a fecking genius and talked me through a solution. After that digression I move onto Uramin, possibly the biggest mining scandal for decades. It moved up a notch yesterday with events in France now moving apace. Oooh er missus. Finally I explain my concerns about Malcolm Stacey's bullishness on Advanced Oncotherapy (AVO). It may well demonstrate many sad truths about how new tech often plays out.

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14 May 2016, 12:56 | By Graham Neary |

Coca-Cola Hellenic – A Greek Start to the Year

Coca-Cola Hellenic Bottling Corporation (CCH) is one of the least-watched FTSE-100 components going (despite the valiant efforts of Chris Bailey on this website). But if it is anything like its parent, it is the sort of stock which long-term retirement portfolios are made of. Yesterday’s trading update gives us no reason to doubt that this is one to keep on the watchlist.

14 May 2016, 10:34 | By Tom Winnifrith |

Video: Andrew Bell of Regency Mines at UK Investor Show

Where were all the folks who threatened to heckle Andrew Bell? All mouth no trousers or whatever the phrase is. This is his presentation on behalf of Regency Mines (RGM) from the UK's leading investor event.

20 hours ago | By ShareProphets |

The April edition of the UK Investor Magazine is live - UK Investor Show edition

The April edition of the UK Investor Show Magazine is live featuring Metal Tiger, BMR, Harley Investments, Action Hotels and much more.

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3 days ago | By Pizza Hardman Darren Atwater |

New Bulletin Board Moron of the Week Contest - sponsored by MoneySwap

This week's contest is graciously sponsored by MoneySwap, the Filthy Forty constituent that has this week requested to be dropped from the AIM market.

7 days ago | By Malcolm Stacey |

How the Snap Election Will Affect Your Share Prices

Hello Share Pillagers. We all should have known something big was going to happen by the way shares were marked down heavily after the Easter break. On Easter Monday, when our stock market was closed, the US version was open. During that session, American shares rose by about 1%. That usually means British shares rise in tandem, but not this time.

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7 days ago | By Steve Moore |

Westminster Group – emphasises “pleased” & placing “oversubscribed”. Hmmm…

Westminster Group (WSG) “is pleased to announce a placing” (to raise a gross £1 million at 10p per share) and “the conversion of the balance of the convertible loan notes issued to Darwin Capital Ltd eliminating the facility”. The shares have though responded more than 15% lower…

7 days ago | By Steve Moore |

Distil – update on recent UK Investor Show 'Dragon's Den' selection as the shares rise again

Shares in recent UK Investor Show 'Dragon's Den' selection (at 2.15p, having also been selected last year at sub 1p), Distil (DIS) have bounced a further just over 5% on the back of a “Listing in Major UK Supermarket Chain /Tdg Update” announcement...

7 days ago | By Darren Atwater |

Video: Peter Hambro of Petropavlovsk presents at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Peter Hambro, Chairman of Petropavlovsk (POG), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

7 days ago | By Darren Atwater |

Video: Joe Salomon of Oilex presents at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Joe Salomon, Managing Director of Oilex (OEX), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

7 days ago | By Darren Atwater |

Video: Michael McNeilly, CEO of Metal Tiger, presents at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Michael McNeilly, CEO of Metal Tiger (MTR), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

7 days ago | By Darren Atwater |

Video: Dr Doom, David Scott, presents imminent economic collapse at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Dr Doom, David Scott, presents imminent economic collapse. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

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6 days ago | By Malcolm Stacey |

Higher Hopes for the Man from the Pru

Hello Share Troopers. I’ve long been a fan of British insurance giants. They are a chance to invest in the fast-moving financial world without too much fear of heavy fines and compensation payments for mis-selling and so on. Though, of course, there is an element of that.

7 days ago | By Steve Moore |

ASA Resource – updates on cash “unaccounted for”...

Having yesterday reported that there is strong evidence of funds “amounting to several million US dollars” being transferred to entities in China without full value being received and that “analysis reveals that there is a pressing need for cash”, ASA Resource Group (ASA) states it now “provides further information on the group's cash position”

7 days ago | By Gary Newman |

Orosur looks under-valued as gold shows continued strength

Orosur Mining (OMI) certainly isn’t amongst the more popular resource stocks on AIM and trading volumes are often verging on non-existent, but I believe that many are missing an opportunity here as they go chasing rainbows with companies that are years away from production, assuming they ever actually get to that stage!

7 days ago | By Steve Moore & Tom Winnifrith |

Veltyco - fundraise and proposed acquisitions. Hmmm...but BUY

Veltyco (VLTY) has announced a €2.55 million subscription for new shares to fund two acquisitions which it argues represent “an exciting opportunity… to grow its business by building on existing online betting brands, using its expertise in online marketing combined with award winning sportsbook technology”

7 days ago | By Steve Moore |

Lombard Risk Management – emphasises ahead of expectations, but what about sustainable cash generation?

Lombard Risk Management (LRM) has updated that it anticipates exceeding analyst consensus expectations for its year ended 31st March 2017 and “remains confident” looking ahead. What’s that though expected to be “in the region of £2.4m to £2.8m”“Adjusted EBITDA”. Hmmm…

6 days ago | By Darren Atwater |

Video: Paul Atherley, MD of Berkeley Energia, presents at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Paul Atherley, Managing Director of Berkeley Energia (BKY), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

6 days ago | By Darren Atwater |

Video: Richard Poulden of Wishbone Gold presents at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Richard Poulden, CEO of Wishbone Gold (WSBN), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

6 days ago | By Darren Atwater |

Video: Colin Bird of Xtract Resources presents at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Colin Bird, Executive Chairman of Xtract Resources (XTR), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

20 hours ago | By ShareProphets |

The April edition of the UK Investor Magazine is live - UK Investor Show edition

The April edition of the UK Investor Show Magazine is live featuring Metal Tiger, BMR, Harley Investments, Action Hotels and much more.

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20 hours ago | By ShareProphets |

TODAY: Patience, patience, patience and yet more patience - that is the key to making money from shares

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....

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20 hours ago | By Darren Atwater |

2 days ago | By Tom Winnifrith |

African Potash - the legal case for victims of the fraud almost underway

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.

2 days ago | By Darren Atwater |

Video: Paul Scott finds Nigel Wray's and Paul Mumford's investment strategies at UK Investor Show 2017

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.

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2 days ago | By David Scott |

You are hereby on notice as retail bubbles start to pop

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'. 

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24 hours ago | By Tom Winnifrith |

Hell's Teeth, does Peterhouse do any due diligence at all - meet the carbon spiv hooking up with African Potash?

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.

2 days ago | By Steve Moore |

WANdisco – record contract win & Q1 update offer some further encouragement, but…

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…

24 hours ago | By Tom Winnifrith & Steve Moore |

Stanley Gibbons – sells rare Indian stamps for record £500,000

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”.

20 hours ago | By Nigel Somerville, the Deputy Sheriff of AIM |

Filthy Forty Taihua – shares fall after GM approves delisting, but massive sudden surge today

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?

21 hours ago | By Nigel Somerville, the Deputy Sheriff of AIM |

Advanced Oncotherapy – more spoofery as NED buys yet more shares

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.

20 hours ago | By Tom Winnifrith |

African Potash –PKF Littlejohn LLP hang your head in shame

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?

24 hours ago | By Pizza Hardman Darren Atwater |

Silver Reaching a Major Inflection Point – Investors Beware!

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.

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2 days ago | By Steve Moore |

Goals Soccer Centres – admits preliminary merger discussions, but a golden opportunity?

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”

21 hours ago | By Steve Moore |

Blancco Technology – “Q3 Trading Update, Cash Flow Review and Funding”. Uh oh…

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…

2 days ago | By Darren Atwater |

Winner of the Bulletin Board moron of the Week, sponsored by MoneySwap

Truly, there are no winners from the pool of Bulletin Board morons, only those who succeed in making our eyes roll the furthest.