ShareProphets

Saturday 25 March 2017 The one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares


13 April 2016, 07:43 | By Malcolm Stacey |

South of the Border, Down Mexico Way Is a Share I Like - Given the Gold Rush.

Hello Share Shakers. I don’t need tell you that at last gold is in happy vogue again. This comes despite all the negative comments on this beautiful website over the last 12 months when lots of critics attacked the premise that gold prices would go up. Well, blow me down, as confidence in currencies and world economies diminishes, the price of the yellow stuff has risen nicely.

12 April 2016, 16:16 | By Tom Winnifrith |

Solgold - Lucian Miers goes short but closes UK Oil & Gas short (pro tem)

Solgold (SOLG) has served up another RNS today which may excite the Bulletin Board Morons but that is perhaps an encouragement to bear raider Lucian Miers who is now short of the stock, selling at c4p.

12 April 2016, 16:00 | By Nigel Somerville, the Deputy Sheriff of AIM |

Access Intelligence – some future value to be had for the patient in the AIM back waters?

Noting the disclosure that I own shares in AIM-listed Access Intelligence (ACC), so I am talking my own book, I was interested to peruse the numbers for the year to November 2015 as released yesterday. The headline numbers look great: revenue from continuing operations up 89%, recurring revenue from continuing operations nigh-on doubled and there was plenty of cash. How do things look beneath the surface?

12 April 2016, 15:25 | By Steve Moore |

Software Radio Technology – current profit modest, but exciting times ahead?

Having previously commented on Software Radio Technology (SRT) with the shares rising to circa 30p last summer (see HERE), I now update with the shares currently nudging further higher, to 33p, on the back of a trading update for the company’s year ended 31st March 2016. However, this has been far from a serene journey…

12 April 2016, 14:52 | By Tom Winnifrith |

Tom Winnifrith Bearcast 12 April - I view broker Finncap as complete & utter bastards

This concerns Premaitha (NIPT) where I feel misled and explain why I regard brokers Finncap as complete and utter bastards. Premaitha shares are a buy but it should sack Finncap now. I then move onto Gulf Keystone (GKP), Bacanora (BCN), Rare Earth Minerals (REM) and the pig Lenigas, Mariana Resources (MARL), Goldstone Resources (GRL) and Falkland Island Holdings (FKL) a company that has never recovered from being tipped by another complete and utter bastard, the uber-talentless Richard "Gollum" Gill. I am in a bad mood today and this podcast contains lots of bad langauge.

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12 April 2016, 14:23 | By Nigel Somerville, the Deputy Sheriff of AIM |

Cloudbuy – Bravo for the transparency: full documents regarding finance package published

I have been very critical of AIM-listed Cloudbuy (CBUY) of late, but in fairness there is much to praise after the company published on its website all the documentation in relation to the funding package announced with Mr Sella on 24 March 2016. It is a model of transparency, and the answers to my questions (HERE) are all to be found. The paperwork is HERE.  Other AIM-listed companies should take note.

12 April 2016, 14:09 | By Tom Winnifrith |

Why has Bacanora underperformed so badly?

This is the question posed by top broker Andrew Monk today. I put it down to associated Lenigas stink and the fact that its assets are just not that great. But over to the VSA expert who writes. 

12 April 2016, 13:50 | By Tom Winnifrith, The Sheriff of AIM |

Strat Aero - placing raises £400,000 at 1.125p - questions, questions

In the he said she said fraud allegation filled pantomime at Strat Aero (AERO) we have a minor distraction today in the form of a placing to raise £400,000 at 1.125p. Hmmmm. Questions, questions.

12 April 2016, 11:39 | By Steve Moore |

Tricorn Group – revenue warning & worse to come?

Tricorn (TCN), which describes itself as a “manufacturer and specialist manipulator of pipe and tubing assemblies to niche markets worldwide in the Energy and Transportation sectors”, has released a “Trading Statement” including that revenue “is lower than anticipated at the time of the group's interim results announcement released on December 2nd 2015 and reflects further slowing in demand from key markets, particularly within the Energy division”. Hmmm…

12 April 2016, 11:31 | By Tom Winnifrith |

88 Energy, now about that placing...Bulls hit back with defensive ploy No 6

I am lambasted by a chap, who pretty obviously owns shares in 88 Energy (88E), who attacks my piece of yesterday using play number 6 from the mad bull responding to hard analysis playbook - "this is not news, it is all old hat, not worth reading, yadda, yadda, yadda". Well...ahem.

12 April 2016, 07:53 | By Gary Newman |

Falcon Acquisitions is overpriced currently

Falcon Acquisitions (FAL) has been getting a bit of attention recently, although volumes are still very low, and for no apparent reason has seen it’s share price nearly double in the past eight weeks!

12 April 2016, 07:51 | By Malcolm Stacey |

Buy Dunelm

Hello Share Mongers. My house is furnished with vintage stuff. This is because my past was more enjoyable than my future. And I like to be reminded of when I was a young blade. So I feel a bit unwell whenever my wife approaches Ikea with her credit card in hand. Actually, it’s my credit card, which makes it worse.

11 April 2016, 17:05 | By Tom Winnifrith |

Tom Winnifrith Bearcast 11 April - my keyboard wont let me say fecking hell

I have writer's block. This is partly Steve Moore's fault and my own for writing things that bore me. It is partly my keyboard which does not me writing fecking hell or damn. On the markets I look at Iofina (IOF), Avanti Communications (AVN), Imaginitik (IMTK), SFO Prosecutions, Strat Aero (AERO) and I also again comment on the great news about Darren Winters from earlier today. 

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11 April 2016, 15:46 | By Tom Winnifrith, The Sheriff of AIM |

Snake Oil Salesman & Charlatan Darren Winters thrashed in Court again by The Sheriff's foxy legals

Oh happy days, oh happy days! Darren Winters the snake oil salesman who cons punters out of tens of thousands of pounds for his worthless stockmarket Win Investing courses has suffered another courtroom thrashing at the hands of the foxy legals, the lawyers who work with the Sheriff of AIM in tackling white collar villains. The foxy's remain undefeated in the Sheriff's wars, Winters is again shown for the scumbag he is - the case ( again) is Miss L.

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11 April 2016, 14:08 | By Tom Winnifrith, The Sheriff of AIM |

88 Energy - when's the discounted placing? All the money's gone

At the end of December AIM listed 88 Energy (88E) had cA$1.2 million net debt and cash of cA$9.6 million. However in the prior quarter it spunked cA$16 million, with just under a million of that on PLC costs. Hmmmmm - What do you think is left?

11 April 2016, 12:55 | By Tom Winnifrith |

Tom Winnifrith Bonus Bearcast: A 10% yield must be bogus

I refer to Malcolm's article earlier on Anglo American (AAL) HERE where I fear his numbers are not correct. More generally I discuss what a high dividend yield means: is it too good to be true? Usually the answer is, sadly, yes.

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11 April 2016, 11:45 | By David Scott |

People will ignore the facts until it is too late.

The main lesson to be learned from market history and particularly from yield-seeking bubbles is not that valuations are irrelevant, nor that central bank intervention is capable of sustaining bubbles permanently, but that Investors fall prey to the delusion that easy money can support stocks once risk-aversion sets in (recall 2000-2002 and 2007-2009). Investors must not make the same mistake of discarding the essential lessons that valuations have taught in complete market cycles across a century of history.

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11 April 2016, 10:33 | By Tom Winnifrith, The Sheriff of AIM |

FastForward - offshore acquisition - what is it hiding?

Offshore based Jim Mellon's uber-ramped FastForward Innovations (FFWD) has today announced that it is spunking $3.5 million on buying 29.5% of Frails LLC, the owner of Leap Gaming, it will soon go to 41.5% at a total cost of $3.5 million so valuing this strange enterprise at $8.4 million.

11 April 2016, 08:35 | By Malcolm Stacey |

There's a Huge Divi Here, for Those Brave Enough to Try Mining Again.

Hello Share Scoopers. It takes a bit of nerve these days to invest in a big miner. Many of us have lost a packet as the world commodity market hit the skids a couple of years ago and has yet to recover to a comfortable level.

11 April 2016, 08:03 | By Pizza Hardman Darren Atwater |

March edition of the UK Investor Show magazine - Beware the coming crash + 5 share tips

The March edition of UK Investor Show magazine is now live featuring Tom's interview with Peter Hambro, chairman of Petropavlovsk, five tips, company profile on SafeStyle, how to make money from EIS shares, 5 share tips and more. You can download your free copy below.

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25 March 2017, 12:10 | By Tom Winnifrith |

The March edition of the UK Investor Magazine is live - with why we fight fraud

The March edition of the UK Investor Show Magazine is live featuring 7 share tips, company profiles, interview with Richard Poulden of PCGE, why we fight fraud & fake news on Channel 4, Donald Trump, Marine Le Pen, a look at the banksters and much more.

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19 March 2017, 15:24 | By Tom Winnifrith |

Bulletin Board Moron of the Week Contest Sponsored by the FRAUD Cloudtag (again)

It has only just dawned on me that in exactly two weeks time, at 4.30 PM I shall be cracking open the ouzo to celebrate the fact that no Nomad on AIM is so desperate for cash and morally bankrupt that it will act for the fraud Cloudtag (CTAG). And there will thus be an RNS issued to say that it will be slung off the Casino. As that day looms, how will the Bulletin Board Morons spin that as good news? Happy hunting on Cloudtag threads - and others - as we ask you to nominate the most moronic BB posts or tweets in the comments section below. The deadline is midnight Sunday 19th March and, yes, Wildes our pet in-house loon - can nominate his own posts if he wishes.

21 March 2017, 14:26 | By Tom Winnifrith |

A One Off: Meet and talk 1-2-1 with Nigel Wray, the man dubbed Britain's Buffett only at UK Investor on April 1

Normally Nigel Wray turns up at UK Investor, talks and leaves. This year - our 15th anniversary party - is different. He will be there from start to finish and when not on stage that opens up a unique opportunity for those attending on April 1. For more than 40 years, Nigel , the man dubbed Britain's Buffett, has been a stockmarket legend for his ability to generate stellar returns not by wild gambling on mining punts or biotech start ups but by rigid value investing. Like the Original Buffett, the Sage of Omaha, Wray is a bottom up value investor who buys and holds. Would you like to know what he thinks is the cheapest share in London? Would you like a one to one chat with Nigel?

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19 March 2017, 10:26 | By Pizza Hardman Darren Atwater |

Notes from Underground: The Teddy Bears picnic

ShareProphets readership increases every week - we can tell because we're a registration site and if you unsubscribe, you are kicked off the site. We don't have a dead subscription list like other, lesser, sites.

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19 March 2017, 11:02 | By Tom Winnifrith, The Sheriff of AIM |

19 March 2017, 11:57 | By Cynical Bear |

Milestone Group: Shocking ramptastic RNS’s with just one purpose – placing anyone?

Tom and I have been pretty consistent in our criticism of lifestyle company, Milestone Group (MSG), and although it was touched upon in Friday’s Bearcast (HERE), I thought the ridiculous recent RNS’s required a bit more of a kicking. It is an appalling effort with one sole purpose, to try to seduce new mug punters into supporting this useless company.

20 March 2017, 08:18 | By Malcolm Stacey |

How the Weak Oil Price Threatens the Footsie's Perky Progress

Hello Share Twirlers. Though the Footsie has been striding ahead, it would have done far better if the oil price had behaved itself. We are not just talking oil shares, but the whole of the share economy. A weak oil price has a negative effect all round.

19 March 2017, 13:13 | By Tom Winnifrith |

Precious Metals Video Update: Short-Term Upside But How Much?

In this video Jordan Roy-Byrne of Palisade discusses the short-term upside potential in gold stocks and the key resistance levels. It would be a good sign for miners if they can test their February highs. Otherwise, the sector would remain in a trading range.

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19 March 2017, 13:14 | By Gary Newman |

Is it worth giving Chariot another chance?

Chariot Oil and Gas (CHAR) has begun to get my attention again recently as it has plenty going on operationally during the next year or so, and could well become a popular share to be in once again.

19 March 2017, 14:19 | By Nigel Somerville, the Deputy Sheriff of AIM |

Stuttard’s Septic Seven – March update (or is that down-date?)

Marcus Stuttard, as head of AIM, completely trusts and supports the regulatory framework of the world’s most successful growth market. As such, and ever keen to help, ShareProphets put together a beautifully diversified portfolio of AIM-listed stocks for him, so that he could demonstrate his faith in the system he oversees by investing in stocks which we have Red Flagged. How better than to put his money where his mouth is to show us that there is nothing wrong. Last time I revisited the portfolio it was down by some 23%. If that had Mr Stuttard feeling a bit queasy, he had better look away now….

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19 March 2017, 15:23 | By Tom Winnifrith |

Tom Winnifrith Bearcast - Theresa May forgets the wise words of Ronald Reagan at her peril

In today's podcast I look at Peak Club - the mad debt binge at Soho House and what it tells us about asset bubbles and more. Then I cover Theresa May's misguided proposals on executive pay before finally covering the latest boardroom antics at Bowleven (BLVN) , putting it up for sale.

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19 March 2017, 15:13 | By Nigel Somerville, the Deputy Sheriff of AIM |

Servision – AIM Rule 26 webpage almost a year out of date, and where is Cascade TR-1?

AIM-listed Servision (SEV) still looks to be a story too good to be true. With the company scraping by on boardroom emergency loans and running out of cash, along comes Cascade which agrees to pump in boat-loads of cash at more than 400% of the prevailing share price. We have been told that the first tranche of shares has now been issued (and, indeed, admitted to trading on the Casino), and the cash received. But we’ve not had a TR-1. And why is the company’s AIM Rule 26 major shareholdings web-page almost a year out of date?

19 March 2017, 15:20 | By Tom Winnifrith |

Jason Drummond's Gametech: Heading for administration but is it all what it seems?

Four days before Christmas I revealed that after Teathers Financial (TEA), the next venture of Jason Drummond, Gametech, was planning a listing on NEX Markets c/o London's worst financial adviser/Nomad Mr Roland "Fatty" Cornish. Wind forward and the Court filing below suggests that it is on the brink of bankruptcy. But is all it seems?

20 March 2017, 08:26 | By Gary Newman |

Zinc Media looks expensive based on latest financials

Small AIM outfit Zinc Media (ZIN) released its interim results last week and trumpeted that it is continuing to move in the right direction, but I would question whether the turnaround is happening fast enough to make the shares attractive.

20 March 2017, 08:27 | By Tom Winnifrith, The Sheriff of AIM |

Milestone Group – a lifestyle business for Deborah White: the hard data

I think Deborah White of Milestone Group (MSG) should be fired and then made to to a perp walk for her blatant breach of AIM rules with regard to non disclosure of price sensitive information. But there is another reason to hand Debs a p45 today...her stunning record of non delivery. It is worth chronicling just how bad it is.

20 March 2017, 11:14 | By Steve Moore |

CAP-XX – interims argue “excellent progress”, but financials look CrAP (XX)

Self-described “world leader in the design and manufacture of supercapacitors, which considerably extend the performance of batteries”, CAP-XX (CPX) has announced results including that it “has again made excellent progress over the six months to 31 December 2016 and beyond in building on and refining its strategy”. Sounds positive. What? The shares currently 16% lower, at 8.5p?!?…

20 March 2017, 09:52 | By Nigel Somerville, the Deputy Sheriff of AIM |

China FRAUD Aquatic Foods Q4 update: drowning in a sea of Red Flags

ShareProphets AIM-China Filthy Forty purveyor of all things fishy, Aquatic Foods (AFG), has updated on 2016 Q4 trading this morning. In a statement plastered with Red Flags it would appear that the company is nearing the final chapter of the China Norfolk playbook as we are warned that there has been a spot of bother getting cash out of China. Is it bye-bye to the dividend? 

25 March 2017, 12:10 | By Tom Winnifrith |

The March edition of the UK Investor Magazine is live - with why we fight fraud

The March edition of the UK Investor Show Magazine is live featuring 7 share tips, company profiles, interview with Richard Poulden of PCGE, why we fight fraud & fake news on Channel 4, Donald Trump, Marine Le Pen, a look at the banksters and much more.

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25 March 2017, 12:12 | By Tom Winnifrith |

Bulletin Board Moron of the Week Sponsored by London South East

Well this is a company that will sponsor any old crap and let's face it, 95% of Bulletin Board Morons post on the LSE Asylum. As the countdown to the fraud Cloudtag (CTAG) being booted off AIM next week accelerates you kind of sense which stock will be the focus of most entries. The competition rules are simple. Just nominate the daftest post on a BB or on twitter in the comments section below. Once again, our in-house semi-trained loon Wildes is allowed to nominate his own posts. The deadline for entries is midnight on Sunday 26th March. Post away!

24 March 2017, 08:07 | By Tom Winnifrith |

David Buik of Panmure - not sure if your tweet is shameful or just pointless

David Buik is one of those City grandees you are not allowed to criticise. It is like having a go at the late Queen Mum or beating baby seals to death. In that vein he sent out a wteet today which is wrong but I am not sure why exactly.

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23 March 2017, 14:29 | By Tom Winnifrith |

Tom Winnifrith Bearcast: Paternoster Resources why cheap could be incredibly expensive

I comment on the hopeless response of smug MPs and the established media to yesterday's terror attack on my own website in a podcast HERE. On the markets I look at expectations management at Next (NXT), at how we know or knew about the balance sheet at Toople (TOOP) covered HERE by Cynical Bear or Advanced Oncotherapy (AVO) heading for 0p and covered in detail by me earlier HERE. I look at Public Services Properties (PSPI ) and what its AIM casino departure says about RTOs and contingent liabilities - which reminds me again of New World Oil & Gas (NEW). Finally I have a detailed look at the strange world of Paternoster Resources (PRS), not a stock you have to own in any way. PS Cynical Bear is not me. Can you see any typos in his articles?

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24 March 2017, 15:37 | By Tom Winnifrith |

Tom Winnifrith Bearcast: You cannot finesse & trade fundamentals: ref Minoan & Wishbone

The Mrs (on maternity leave) is off galavanting somewhere. Eight days ahead of UK Investor, the busiest time of the year, I am babysitting. I am such a god damn frigging feminist. Anyhow I record this in terror lest Joshua wakes up. In today's podcast I explain why you cannot finesse a trade on a fundamental play and discuss Minoan (MIN) and Wishbone (WSBN) in that vein. I look at Digital Barriers (DGB) the latest triumph from Cloudtag (CTAG) moron in chief Liam Nichols. I discuss Tethys (RPL) which like Cloudtag is soon to leave the AIM Casino, Nyota (NYO) and London Capital (LCG).

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24 March 2017, 11:11 | By Tom Winnifrith, The Sheriff of AIM |

Management Resource Solutions holds gun to head of poor shareholders

When running Broken Hill Resources (BHR) into the ground Murray D'Almeida threatened shareholders to vote for a crap deal at a GM or face wipe-out. Despite the infamous hairdresser sham placing, shareholders voted against Murray and his colleagues on the "screw you - we hate you so much" principle. Now with D'Almeida pulling strings at Management Resource Solutions (MRS) as a consultant - to avoid GM eviction shame see HERE - the same threat is being used.

24 March 2017, 08:07 | By Tom Winnifrith & Darren Atwater |

Yet another Cloudtag Countdown clock - how long till the Fady Lady sings?

If no Nomad is prepared to act for the FRAUD Cloudtag (CTAG) then its shares, now suspended, will be booted off the AIM Casino. No AIM = no death spiral funding so it will - very soon - run out of, other people's cash, and will go bust. But the first step is being booted off AIM. And, inspired by liar Amit Ben Haim, we have a useful countdown clock until that ouzo moment. Enjoy.

25 March 2017, 12:13 | By Tom Winnifrith |

Tom Winnifrith: The Top short sellers, bears and fraudbusters all together on April 1 - don't miss out

You might hate bear raiders. You might think that short selling is unethical. But what you cannot argue with is that ignoring men such as Evil Knievil when they sniff out a fraud or accounting malpractice will cost you a packet. At last year's UK Investor Show the Country's top bears did a detailed presention on AIM darling Avanti Communications, one of the AIM companies most beloved by professional fund managers. Since that warning Avanti shares have collapsed by more than 90%. This year the bears have new targets.

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24 March 2017, 08:07 | By Malcolm Stacey |

How to Make Money on Full-Year Results - If You Dare

Hello Sharemates. As predicted on this glorious website some time ago, the share price of IQE (IQE) would fall on reporting day - and then recover. In the event when the figures were revealed on Tuesday, the shares fell by about 12%. This was not logical, as the results were rather perky, as I outlined at the time.

23 March 2017, 14:28 | By Tom Winnifrith |

Twitter Investment Genius Caption Contest

The fellow or lady from the Costa del Crime is yet to tweet but he (or she) has a cracking portfolio as you can see on his/her profile, headed up by the fraud Cloudatag (CTAG). In light of that I wonder if you would care to suggest a first tweet as our caption contest with a twist. Submit your entries in the comments section below. The deadline is midnight tonight, 23rd March

24 March 2017, 14:03 | By Steve Moore |

Flowgroup – energy supply business disposal & microCHP boiler production updates

Writing last month on Flowgroup (FLOW) I noted the shares down below 6p, having been 25p+ less than a year ago. Having fallen further, to sub 4p, they have currently recovered to 5p following a couple of recent announcements…

24 March 2017, 08:07 | By Tom Winnifrith, The Sheriff of AIM |

Gametech Beer & Popcorn time: Drummond vs Skelhorn, the latter bites back with a vengeance

The demise of Gametech PLC the next venture of Jason Drummond after the Teather's (TEA) debacle looks clear - so much for a stockmarket float care of London's worst Nomad Roland "Fatty" Cornish. We revealed the Gametech was heading for tits up town HERE last week. Now Mr Drummond's apparent arch enemy Richard Skelhorn has bitten back with an official statement relating to that article:

24 March 2017, 11:10 | By Steve Moore |

Digital Barriers – trading warning (you were warned). Timberrrrrr…

Shares in surveillance technology company Digital Barriers (DGB) are currently more than 17.5% lower, at 25.5p, on the back of a “Trading Update” announcement. Trading warning ahoy! You were warned

24 March 2017, 11:09 | By HotStockRockets |

ECR Minerals - New Aussie Gold license, things are starting to bubble

With funds replenished by the recent placing the new management team at ECR Minerals (ECR) is - as predicted - not hanging around. The shares are well up on our share tip  at a 1.7p offer, at 1.9p-2.05p. If you can get stock at 1.9p you should do so - our target to sell remains 2.5p+ and we expect to be there soon. The newsflow is only just starting.

23 March 2017, 14:25 | By Steve Moore |

Solid State – full-year trading update, what does “broadly in line” mean here?

Specialist electronic equipment manufacturer and components distributor Solid State (SOLI) has made a “Trading Update” announcement – and the following reviews with the shares currently more than 10% lower, at around 450p, in response…

25 March 2017, 10:43 | By Tom Winnifrith |

Shore Cap on Amryt at 18.5p - target price increased from 35p to 88p!

Shore cap is House broker to Amryt Pharma (AMYT) so everything it writes cannot be said to be any way shape or form impartial. And since we own a shed load of the shares we are biased as hell too. Having said that this note is detailed and lifting the target price from 35p to 88p in light of recent news is pretty dramatic given that the shares were 18.5p on Friday when this "most excellent" research note came out.

25 March 2017, 12:07 | By Tom Winnifrith, The Sheriff of AIM |

Crown Ocean slams the management of Bowleven - makes very serious allegations

I have just noted that my old pal "thirsty" David Bick is doing the PR for hedge fund Crown Ocean in its battle to oust the shamed, discredited and unwanted board and management at Bowleven (BLVN). If you are in a scrap with utter scumbags having Bick on your side is no bad thing as he is the king of this form of trench warfare, gutter warfare. Team Crown issued a statement on Friday which is damning. You will remember that the management of Bowleven is still in place despite shareholders voting most of the bastards off the board and now they are trying to flog the company. Crown - quite correctly - smells a monstrous rat. It states:

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