ShareProphets

Thursday 29 June 2017 The one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares


16 June 2016, 10:44 | By Tom Winnifrith |

Tom Winnifrith Bearcast - one week to Brexit?

Well fingers crossed anyway - I cannot claim to be hiding my views! The Mrs flies back to the UK today so normal full work service resumes tonight. Pro tem I have comments on Vast Resources (VAST), Highlands Natural Resources (HNR), PHSC (PHSC), XCite Energy (XEL), Gulf Keystone (GKP), Totally (TLY) and Skil Ports & Logistics (SPL).

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16 June 2016, 09:09 | By Tom Winnifrith |

Falcon Acquisitions - small placing: why? This stinks.

Falcon Acquisitions (FAL), the sister company to dog with fleas Challenger Acquistions (CHAL) has today announced it has raised £163,000 at 20p. The question is why?

16 June 2016, 08:51 | By Graham Neary |

Fastjet - The Board Strikes Back

Regular readers will know that I have been following with interest the rather dramatic developments at Fastjet (FJET) over the past year or so. This morning sees publication of a letter from the Board, asking shareholders to support their Chairman against easyGroup’s move to remove him from office.

16 June 2016, 08:42 | By Tom Winnifrith, The Sheriff of AIM |

Xcite Energy admits shareholders will get totally rogered by bond holders, Justine tell the morons what to buy

Xcite Energy (XEL) the drowning in debt North Sea wannabee has announced that bondholders are to meet on June 30th - the day the $139 million bonds were due to be repaid - to agree to a rollover. But there is an admission, and for shareholders it meets get out the vaseline...you are going to get shafted badly. Its now official.

16 June 2016, 08:26 | By Steve Moore |

Surface Transforms – trading & operations update, more jam tomorrow?

Following a recent “successful fundraising” (AKA a smaller investor shafting), Surface Transforms (SCE) has released a “Trading, Premises and Operating Update”

16 June 2016, 08:22 | By Gary Newman |

Buy Glencore on any short term weakness

A couple of months ago I covered Glencore (GLEN) as a short, but I now think it is time to consider closing and looking to go long on the shares, especially on any dips.

16 June 2016, 08:21 | By Cynical Bear |

Opera Investments: Can’t remember ever seeing a worse deal – shocking stuff

It’s been a disappointing week for the Sub-Standard Shockers XI with Challenger Acquisitions (CHAL) out with the begging bowl again for a further £500,000 and Highlands Natural Resources (HNR) now sitting at less than half its recent share price peak, as well documented by Tom (HERE). Last but not least, this shocking deal by Opera Investments (OPRA). Although Tom covered the deal yesterday (HERE), it is so poor that it is worthy of a closer look.

16 June 2016, 08:15 | By Malcolm Stacey |

Follow the Fellow Who Follows Tullow.

Hello Share Bunnies. Tullow Oil (TLW) shares I've held a long time. Too long, as it turned out. Not many years ago they doubled my outlay in a year or two. Then, like nearly all other big oilers they were hit a year ago, or so by the big black stuff crash. Actually the share had been on the back foot before that. But I reckon Tullow could be on the march again. Over the last few days, the advancing oil price has decided to take a rest. But not for long, I fancy. You can see my reasons in a few recent examples of my modest Shareprophets column.

15 June 2016, 16:23 | By Tom Winnifrith, The Sheriff of AIM |

Highlands Natural Resources - the bogus disposal to add to the covert placing - this stinks

I have already covered the shocking covert bailout placing by uber-ramp Highlands Natural Resources (HNR) HERE. But today it has also announced a quite ludicrous bogus disposal which even the Bulletin Board Morons seem to concede makes this piece of Turkish a laughing stock. It involves fellow stockmarket dog with fleas Opera Investments (OPRA)

15 June 2016, 15:44 | By Graham Neary |

Castings - An industrial hero profitable for the last 33 years

Castings Plc (CGS) is another oft-overlooked but eminently worthwhile UK-based industrial AIM stock. The company has announced its preliminary annual results today which should inspire interest in the shares.

15 June 2016, 15:27 | By Tom Winnifrith |

When LGO Energy shares slide to new lows - with a placing looming you know what happens next

The shares hit 0.17p yesterday which for the morons who backed the last bailout placing at 0.2p a few weeks ago will be painful. Or rather it would have been had they not already flipped which they have. But now, having had to accelerate payments to the Froggie bankers, and with output numbers ever more dire a new placing is needed so how to stop the rot...it has worked before..

15 June 2016, 15:26 | By Steve Moore |

Christie Group – AGM statement, relying on second half year recovery. Hmmm…

Shares in provider of professional business services and stock & inventory systems and services, Christie Group (CTG) are currently trading lower on the back of an “AGM Statement” announcement. Let’s take a look…

15 June 2016, 15:20 | By Tom Winnifrith, The Sheriff of AIM |

Highlands Natural Resources tries it on with scam covert placing - worthless shares are crashing

Highlands Natural Resources (HNR) has been busy today announcing shite results, a bogus spin-off which is a joke and giving details of what is a sordid covert attempt to keep the lights on with a placing. The much ramped (not by us) shares are crashing and the stench of a sordid ponzi is everywhere. 

15 June 2016, 13:18 | By Tom Winnifrith |

Tom Winnifrith Bearcast - is Highlands Natural the biggest scam on the AIM casino?

In today's bearcast I start with a brief look at Highlands Natural Resources (HNR), explaining why I knew it was a wrong 'un as soon as I saw who its management team included. I have two follow up articles on today's collapse to come but suffice to say that at anything above a couple of pence its shares are a slam dunk sell. I also look at Aureus Mining (AUE), cover Servelec (SERV) and what it says about equities in general. Steve covers it in detail very well HERE. Then it is onto Fitbug (FITB) and how today's scandal at Thor Mining (THR) begs AIM for a big change in the rules to stop mug punters getting shafted as poor Paul Scott was at Cyan (CYAN). I also have another warning of doom and more questions for Lord Tim Razzall of disgraced Boxhill (BOX) - target price 0p.

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15 June 2016, 11:05 | By Steve Moore |

Servelec Group – from “outlook is positive” to “significantly lower than market expectations” in 3½ months

Provider of technology predominantly to the UK healthcare, oil & gas, nuclear, utilities and broadcast industries, Servelec Group (SERV) has made a “Trading Statement” - and the shares are currently more than 33% lower, at 225p, on the day. Uh-oh…

15 June 2016, 11:00 | By Tom Winnifrith, The Sheriff of AIM |

Exclusive: Thor Mining ramping its shares with Zak Mir but not telling you about placing

Thor Mining (THR) has just issued a release saying that its CEO has recorded an interview with Zak Mir for the lamentable t1psTV. Jesus wept: like it thinks we care? But there is something that CEO Mick Billing is not telling anyone tempted to buy into this rampfest.

15 June 2016, 10:35 | By Tom Winnifrith, The Sheriff of AIM |

OFFICIAL: It is Ouzo O'Clock all day as Piers Linney's pride & joy Outsourcery goes into administration

Dragon's Den flop and serial business failure Piers Linney said that the proudest moment of his business career was listing Outsourcery (OUT) on AIM in 2013 at 110p. Oh dear, the piece of Turkish has today gone into administration. How will the PC tossers at the BBC spin this debacle for their pin up boy Piers? That is their problem, mine is how much ouzo to drink to celebrate this announcement:

15 June 2016, 10:18 | By Tom Winnifrith |

Tom Winnifrith Bonus Bearcast: How Spin works but cant polish a turd - UK Oil & Gas Special for David Bick

In this bonus podcast I explain how financial PR men such as David  "Don't come to my manor or I'll ave you" Bick try to polish turds, to spin for AIM listed clients. My case study is UK Oil & Gas (UKOG) and its big news of yesterday. I refer to a lamentable piece of "product placement" by David "the Guv'nor" Bick in City AM HERE. I also explain why UK Oil & Gas did the deal it did and why it's placing ahoy as questions go unanswered.

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15 June 2016, 09:47 | By Tom Winnifrith |

Exclusive: Former AIM promoter David Lenigas cameo role in Ghostbusters!

Big Dave stepped down from the boards of all AIM listed companies pre Christmas so maybe the guy is bored and has time on his hands? Poor Dave. Our thanks go out to an eagle eyed viewer who has seen how Mr Lenigas is keeping himself occupied. Having conquered the world of blogging he is now getting into acting as you can see 1 minute and 46 seconds into this trailer for the new Ghostbusters movie. Go get 'em Jabba!

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15 June 2016, 09:41 | By Malcolm Stacey |

Uncle Tom and the Pizza Hardman Are BOTH Right about Brexit - But I'm Not Worried About My Shares

Hello Share Fans. I've read the arguments against staying in the EU fromUncle Tom in the June UK Investor Mag. I've also studied the thoughts of the Pizza Hardman, Darrers for staying in. Both are damn good articles. But I can't make up my mind. I've had a bumper bet with William Hill that we will come out. I got 4 to one on that wager a couple of weeks ago. Seven days ago, I had another bet on us coming out and this time only got 13 to 8.

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10 hours ago | By ShareProphets |

The June edition of the UK Investor Magazine is live - 5 share Tips, voting guide, and where to emigrate if the wrong party wins

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.

 
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4 days ago | By Darren Atwater |

New Bulletin Board Moron of the Week contest - sponsored by David Lenigas on steroids

The prize is a cheap one way flight to Mars organised by Elon Musk a promoter who makes David Lenigas seem bashful and understated. The challenge: We're looking for exemplary examples of sheer stupidity from those founts of brilliance; LSE.co.uk, III.co.uk and ADVFN.co.uk. The deadline to post your entries in the comments section below is midnight, Sunday 25 June.

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7 days ago | By Tom Winnifrith |

Little Steve Sanderson of UK Oil & Gas in action on the Weald Basin caption contest

It seems that little Steve Sanderson of UK Oil & Gas (UKOG) was hosting anyone who was interested at the company's site at Broadford Bridge on the Weald Basin. Just last week the Old Bill were arresting local protestors near the drill pad, so what is little Steve saying now? Suitable captions in the comments section below with a deadline of midnight tonight please.

7 days ago | By Malcolm Stacey |

Here's One For Plastic Palace Alice - A One Year Profit-Doubler

Hello Share Smudgers. Companies which manufacture plastic bits and pieces have done rather well in my bag in recent years. But one I have not so far touched, yet ought to do so soon, is Carclo (CAR).

7 days ago | By Steve Moore |

InterQuest – attempted robber barons respond to Defence Document, admit their offer “constrained”…

Lambasted for a “materially undervalues” 42p per share offer, the InterQuest (ITQ) attempted management buyout team at Chisbridge Ltd has made a “Response to Defence Document”

7 days ago | By Steve Moore |

Hornby – major holder’s purchase means a mandatory cash offer

Last month saw a regime change General Meeting requisition withdrawn at Hornby (HRN) and now the major shareholder, Phoenix, has unconditionally agreed to acquire the rebel’s (New Pistoia Income’s) shares – seeing it required to make a mandatory cash offer for the whole company...

7 days ago | By Tom Winnifrith |

Tom Winnifrith Bearcast: Why Paul Scott's fucktard follower will always lose & should you sell all your oil shares?

Okay this really is the last one until September. But I have packed and am ready to travel and am bored, so here goes one more time. First up I discuss those who always blame others for their lack of profits, citing some twitter chum of the great Paul Scott. Then as Brent plunges through $45 I discuss why it is falling, where it will go next and if you should sell all your shares. The answer is a very selective no.

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7 days ago | By Tom Winnifrith |

Luke Johnson speaks up for we terrified entrepreneurs

Luke Johnson will be among the star speakers at UK Investor Show 2018. Those with a golden ticket will also get to hear him in conversation with Nigel Wray at the Saracens evening the Wednesday beforehand - that will be a battle of the pizza men, a real treat - more details HERE. In his Sunday Times column last weekend he echoed my post-election gloom about how we entrepreneurs should feel terrified - HERE. It is brilliant stuff. Frankly Luke is THE reason to buy the Sunday Times. Luke opines:

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7 days ago | By Cynical Bear |

Highlands Natural Resources: Results out - fun over - bubble bursting - get out

I’m no longer surprised how stocks that, in my view, are inherently worthless or at least worth a fraction of their current share price can stay at such a high price or so long but I think the bubble is bursting, and gravity is taking hold, at Highlands Natural Resources (HNR) with a shocking set of results released yesterday. Let’s have a look at the “highlights”!

7 days ago | By Tom Winnifrith, The Sheriff of AIM |

Lies, smears & blackmail: Loathsome Rita tries to cling on at Magnolia Petroleum

Less than lovely Rita Whittingham is doing her utmost to cling onto the gravy train for her and her relatives which is Magnolia Petroleum (MAGP). You will remember that there are moves to oust the proven failure and install one director from Nostra Terra (NTOG), Evan Ainsworth, and an independent director, Zac "The Knife" Phillips, the City's No 1 oil analyst. This would not be a change of control as Rita asserts since The Knife is independent, but a much needed boardroom clearout. Now to the defence document which is worthy of Jeffrey Archer. It is just low grade fiction.

7 days ago | By Andre Brand |

My advice to the next Chancellor

I have to confess to being very depressed over the course of the last few months. I think the depression has actually been increasing and I put it all down to media and politics.

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7 days ago | By Nigel Somerville, the Deputy Sheriff of AIM |

Naibu – SHOCKER filthy forty update and litigation news. Who's in the frame?

Out of the blue this morning, we have had an update from ShareProphets AIM-China Filthy Forty Naibu. This was an obvious fraud and delisted in 2015 when the money stopped flowing and Houyan Lin disappeared. But the board decided to stand up to be counted. They may have been taken in and signed off on all sorts of lies, but they have been pursuing the case and today have also announced that viable legal causes of action look to exist to go after certain of the various professional advisers who were involved at the time of the flotation.

6 days ago | By Steve Moore |

The People's Operator – “Make a call, make a change”… shareholders make a loss…

“The People's Operator (TPOP), the cause-based commercial mobile virtual network operator, is pleased to announce its full year results for the period ended 31 December 2016”. Hmmm, these being announced approaching six months after the year-end – rarely a good sign…

6 days ago | By Steve Moore |

Imagination Technologies – shares jump on commencement of formal sale process, though “remains in dispute with Apple”

Shares in Imagination Technologies (IMG) have currently recovered more than 17%, to 145p, on the back of a “Commencement of formal sale process” announcement…

6 days ago | By Malcolm Stacey |

Mitie Is No Mouse at Cost Cutting and Finding New Customers

Hello Share Seekers. Times have not been pucker for firms which claw a lot of business from local councils and other organisations. Government cuts have caused so many local authorities to cut back on their awards of business to outside contractors. Mitie (MTO) is one such firm.

6 days ago | By Steve Moore |

James Latham – “pleased” with full-year results, but a buy?

Having last year commented on slowing growth, I note results for its year ended 31st March 2017 from panel and timber distribution company James Latham (LTHM)…

6 days ago | By Darren Atwater |

Winner of the Little Steve Sanderson of UK Oil & Gas in action on the Weald Basin caption contest

There were some good entries for this edition of the caption contest, and it was a photo finish for the winner of captioning this photo of  little Steve Sanderson of UK Oil & Gas (UKOG), playing host to anyone who was interested at the company's site at Broadford Bridge on the Weald Basin. 

28 June 2017, 14:55 | By ShareProphets |

The June edition of the UK Investor Magazine is live - 5 share Tips, voting guide, and where to emigrate if the wrong party wins

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.

 
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28 June 2017, 14:55 | By Corbyn's pal Darren Atwater |

New Bulletin Board Moron of the Week contest - sponsored by Paul "Queenie" McManus PR to London's worst frauds & AIM trash

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.

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27 June 2017, 08:11 | By Tom Winnifrith, The Sheriff of AIM |

Exclusive: The full Slater & Gordon High Court Claim against Watchstone for £537m - damning on Rob Fielding, David Curry & the lies Quindell told

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.

27 June 2017, 10:02 | By Tom Winnifrith, The Sheriff of AIM |

Saffron Energy - The City's No 1 oil analyst Zac Phillips sticks his knife in and he has a point

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.

28 June 2017, 08:06 | By HotStockRockets |

Minoan - Yes it can now develop Cave Sidero - we are off to the races: Yamas!

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.

28 June 2017, 14:55 | By ShareProphets |

You may know Tom the fraudbuster but what about the man who makes you money from value investing shares tips - act TODAY!

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.

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27 June 2017, 08:14 | By HotStockRockets |

Concepta - CEO buys a not un-trivial amount of shares: Follow suit

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.

28 June 2017, 11:05 | By Tom Winnifrith |

Bulletin Board Moron Evil Knievil still wrong on Watchstone

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.

28 June 2017, 08:23 | By Tom Winnifrith |

The fake news Guardian - misleading headline on Brexit and EU workers leaving

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?

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27 June 2017, 10:03 | By Nigel Somerville, the Deputy Sheriff of AIM |

Advanced Oncotherapy – Annual Report published: Guess what?????

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…

27 June 2017, 10:20 | By Tom Winnifrith, The Sheriff of AIM |

Mayan Energy the dog has a new trick but it makes no sense at all - coke & hookers better value

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....

27 June 2017, 08:13 | By Tom Winnifrith, The Sheriff of AIM |

Strat Aero - reality setting in - do not BUY!

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.

28 June 2017, 08:22 | By HotStockRockets |

Metal Tiger – news from Spain, but the real news we want still to come - BUY

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.

28 June 2017, 08:16 | By Tom Winnifrith |

In Gold We Trust 2017

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.

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28 June 2017, 08:20 | By Tom Winnifrith, The Sheriff of AIM |

Advanced Oncotherapy - letter to Financial Reporting Council re uber dodgy accounts

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:

28 June 2017, 11:04 | By Gary Newman |

Shenanigans at Blenheim Natural Resources need investigating

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.

27 June 2017, 12:41 | By Tom Winnifrith |

Servision - how do you keep lots of idiots in suspense? We'll tell its shareholders on Friday

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?