ShareProphets

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


8 May 2016, 13:42 | By Cynical Bear |

FastForward – the interesting case of The Diabetic Foot Company

Having been critical of the Lorne Abony show and FastForward innovation’s (FFWD) recent investments in Vemo and Schoold in my last piece HERE, I thought I’d take a closer look at one of the earlier investments, The Diabetic Foot Company (“DBC”), as, funnily enough, related parties raise their ugly head again there too.

8 May 2016, 13:38 | By Amanda Van Dyke |

Gold bull market to run for four more years

Tocqueville Gold Fund manager, John Hathaway is convinced the gold bottom is behind us simply because of the lack of people involved in the sector outside the core long term investors. Silver is an excellent indicator of investor sentiment and its slow rise relative to gold shows the mainstream is still far from being on board. There is still a long way to run with the bull market, at least another 4 years.

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8 May 2016, 12:58 | By Graham Neary |

Burberry - Investing for Growth to 2030

The FT reported this week that Burberry is considering the appointment of a senior manager to assist CEO Christopher Bailey (who also acts as Chief Creative Officer), although the company itself declined to comment. In my view, the negative commentary which occasionally haunts Burberry’s share price can provide some attractive and relatively straightforward buying opportunities.

8 May 2016, 12:55 | By Tom Winnifrith |

Video: Dave Mutton of Primary Bid at UK Investor Show

I'm a big supporter of Primary Bid and as such fully back Dave Mutton, the CEO who was among those presenting at UK Investor Show. Enjoy the video!

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8 May 2016, 12:50 | By Nigel Somerville, the Deputy Sheriff of AIM |

Filthy 40 Jiasen – the silence is deafening.

Marcus Stuttard, the Sham Sheriff and head of AIM told The Times a week ago that he thought he had got the regulatory framework of AIM absolutely right and that people wouldn’t invest if they felt there was any kind of problem with the regulation... So I thought it was time to take another look at Jiasen (JSI) of the ShareProphets AIM-China Filthy Forty. After all, the derisory rating suggests the market is less than happy with this stock and its results for FY14 were released in mid-April last year: we are now well into May 2016 and thus far there is no sign of FY15 numbers. I wonder why….

8 May 2016, 12:47 | By Tom Winnifrith |

Video: Alex Borrelli of BMR Group at UK Investor Show

Alex Borrelli has brought BMR Group (BMR) back from the dead.As such he is one AIM CEO I am not going out to bash. At UK Investor Show he explained the past and future of his company.

8 May 2016, 12:42 | By Cynical Bear |

Breith is back – although I fear the shares will Toople

Only 14 months after David Breith resigned his CEO role at Coms plc (COMS) in March last year (before being forced to leave that is), he is back with the impending IPO of Toople plc next week on 10 May. As ever the prospectus that was issued last week on 4 May deserves a closer read!

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8 May 2016, 12:39 | By Tom Winnifrith |

Video: Colin Bird & Ed Slowey of Orogen Gold at UK Investor Show

The arrival of Colin Bird at Orogen Gold (ORE) has, given the company a new lease of life something Colin and technical director Ed Slowey explain below.

8 May 2016, 12:33 | By Pizza Hardman Darren Atwater |

Notes from Underground - Sobriety

The Old Bill got back to me regarding last week's tag-team event, Lucian Miers & Paul Scott vs some drunk. As the gentleman in question had no prior entalglements with the police, and was shocked by his behavior when he sobered up, he was given a caution and cut loose.

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7 May 2016, 16:58 | By Tom Winnifrith |

Tom Winnifrith Bearcast 7 May - back in Greece & despairing of humanity

I have landed in Kalamata and start with a look at where Greece is now. My friend John the bike man seems to have gone bust. He is not alone. There is a three-day general strike underway but the EU reckons that Greece has solved all its problems? The EU is the problem, or rather the Euro is. Then I look at why I sometimes despair of humanity and notably some of the people in the world of small caps and AIM. I am taking it easy for the summer as a result. Finally some praise for Marcus Stuttard the bogus Sheriff of AIM but then also some criticism and suggestions re African Potash (AFPO) and Ascent Resources (AST)

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7 May 2016, 16:49 | By Tom Winnifrith |

LGO Energy: The Risible Write to Reply - By Don Quixote

It has been suggested by Duck & Dive and repeated by other poltroons on LGO Energy (LGO) Bulletin Boards,  that in my last article it was unfair to 'confuse' reactivations with re-completions as it is a case of drawing conclusions about the depletion rates of apples with the depletion rates of oranges.  In answer to this criticism, I would stress firstly, that it was Neil Ritson who framed the terms in which he sought to demonstrate that wells in the Goudron Sandstone deplete slowly.  I will quote him again.

7 May 2016, 16:42 | By Lucian Miers |

Avanti - keep selling

I note that Avanti’ Communicvations' (LSE:AVN) share price has fallen back since it was covered in detail by Tom, myself, Matt Earl and Evil at last week’s UK Investor Show.

7 May 2016, 16:34 | By Tom Winnifrith |

Video: Clive Sinclair-Poulton of Bluebird Merchant Ventures

No offence intended but I would rather that Aidan Bishop who is the man behind Bluebird Merchant Ventures (BMV) had presented at UK Investor Show not Clive Sinclair-Poulton. Aidan is a class act and next year I hope he is around. We own these shares and are excited aboout what will happen. Enjoy

7 May 2016, 10:28 | By Lucian Miers |

Avocet Mining, A Gold Plated Version of Petroceltic

Shares in troubled gold miner Avocet Mining (AVM) more than doubled the other day as its first quarter production update showed an increase of 3,149 oz at a cash cost of $925 per oz, $169 lower than the preceding period.

7 May 2016, 10:27 | By Tom Winnifrith |

Video: Ian Bristow of Symphony Environmental at UK Investor Show

I have faith in this company although I know that many do not. It needs to start delivering but I believe it will and that makes its shares cheap. The video below is of Symphony Environmental (SYM) FD Ian Bristow presenting at UK Investor Show.

7 May 2016, 10:20 | By Steve Moore |

Hotel Chocolat – IPO analysis part 2/2: the prospects

Chocolatier and retailer Hotel Chocolat has announced it is to IPO on 10th May “by way of a conditional placing… based on the placing price (148p per share), the market capitalisation of the company on admission to trading on AIM will be £167 million”A first part of analysis reviewed the company’s recent financial performance, this second part looks at its prospects…

7 May 2016, 10:13 | By Tom Winnifrith |

Video: Claire Milverton of 1Spatial at UK Investor Show

Steve Moore and I think shares in 1Spatial (SPA) are cheap as we explained here the other day. Meanwhile here is the company's FD Claire Milverton in action at UK Investor show. Enjoy.

7 May 2016, 10:02 | By Steve Moore |

Hotel Chocolat – IPO analysis part 1/2: financial performance

Chocolatier and retailer Hotel Chocolat (HOTC) has announced it is to IPO on 10th May “by way of a conditional placing… based on the placing price (148p per share), the market capitalisation of the company on admission to trading on AIM will be £167 million”A second part of analysis will look at the company’s prospects, this first part reviews its recent financial performance…

7 May 2016, 10:00 | By Tom Winnifrith |

Video of Dennis Melka of United Cacao at UK Investor Show

If low life NGOs bash a company it must be doing something right. Dennis Melka of United Cacao (CHOC) explains what in his presentation at UK Investor Show. Enjoy.

7 May 2016, 09:57 | By Malcolm Stacey |

The Firm that Launched 100 Ships May Cruise to Greater Glory.

Hello Share Turners. It’s Carnival (CCL) time again. I’ve commended to you before the biggest leisure cruise company in the world. Let me update that view. Carnival is the face of British capitalism that launched 100 ships. That’s enough for 212,000 berths, or sleeping places as we non-nautical types like to say. It operates under a few famous names, including  P&O Cruises, Cunard, Swan and Princess. And it does cruises, well, all over the place.

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.