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Tom Winnifrith Bearcast: Gabriel vs Darktrace, myself vs David Beckham
I start with an apology for Canadian lie-ins. Then I look at Darktrace (DARK) - Gabriel Grego's new target ,at Caracal Gold (GCAT) and 2 questions for Andrew Monk as the FCA enquiry continues, ITM Power (ITM) and David Beckham stock market disgrace Guild ESports (GILD) and why its deception today matters.,- By Tom Winnifrith |
- 31 January 2023, 14:06 |
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Bombshell Bear Dossier from Gabriel Grego's QCM: The dark Side of Darktrace
Myself, Matt Earl, Steve Moore and Chris Bailey have all been bearish on the bastard child of the Autonomy fraud, that is to say Darktrace (DARK). Now our hero Gabriel Grego joins the party with a damning 70 page dossier. At 200p it remains a £1.44 billion short. Enjoy...- By Tom Winnifrith |
- 31 January 2023, 13:26 |
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How is Wickes getting along?
I am not a regular at my local Wickes (WIX) store, but I do respect it as a business. Back in December 2021, I observed that “I think Travis Perkins (TPK) was smart to spin-off Wickes as last April was a pretty optimistic time for trade companies”. Thirteen months ago, I was talking about a share that had been shifted from c. 250 pence to about a two quid share price. However, today’s Wickes share price is only just over 150p.- By Chris Bailey |
- 31 January 2023, 12:58 |
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Letter to the FCA: Directors of David Beckham’s Guild ESports have surely deceived and broken the law
I do not wish to be obsessive but yet again we find that companies on the Standard List, which is regulated by the FCA ( no sniggering at the back), as opposed to the AIM Sewer, are issuing abridged results which, as a result of highly material omission, actively deceive investors. Canadian Overseas Petroleum (COPL) is a pioneer of such deception but David Beckham’s Guild Esports (GILD) has today taken this to a new level. I have written to the FCA- By Tom Winnifrith |
- 31 January 2023, 12:54 |
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Deltic is a big gamble on well testing outcome - but I can see why some are taking the risk due to the upside if successful
Deltic Energy (DELT) is now at a juncture where the next couple of weeks will either see it become a huge success, or like so many in the oil and gas sector before it, will become just another story of ‘what could have been’ had it had more luck with the drill bit.- By Gary Newman |
- 31 January 2023, 12:46 |
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SHOCKING BOMBSHELL: Here is what Guild’s auditors actually said, which surely must be in an RNS
Earlier today I suggested that Guild Esports (GILD) had published abridged annual results via an RNS to hide a material uncertainty statement by its auditors. Well I was right but it is actually far worse than that. Here is what Guild is actually hiding. It is a bombshell- By Tom Winnifrith |
- 31 January 2023, 11:36 |
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TPXimpact – I having stated ‘good luck’ on even its previously-downgraded outlook, now another trading warning (and worse!)
Previously writing on TPXimpact (TPX), in October with the shares at 32.5p I noted director share purchases to try to reassure the market rather than of real conviction?, following that this ‘digital transformation’ provider struggling with its own transformation!. The shares had recovered to last close at 46p, but now a “Q3 Trading Update”.
- By Steve Moore |
- 31 January 2023, 10:49 |
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Zak Mir’s Lift Global Ventures chucks £750,000 down a related party, technically insolvent, black hole
Oh dear, oh dear, the Sith Lord Zak Mir’s Lift Global Ventures (LFT) becomes more of a joke every day. Its first investment, when it was a media consolidation play, was Zak’s own company brown envelopes company Miriad, a deal which broke all sorts of rules and stank. Now there is another related party deal, as Lift goes into energy. You could not make this up.- By Tom Winnifrith |
- 31 January 2023, 08:49 |
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David Beckham’s Naughty Guild Esports is hiding something from you all: a material uncertainty and looming bankruptcy perhaps?
Guild Esports (GILD) has today published piss poor annual results for the year to September 30 but it has not published the full notes to the accounts or the annual report and will not do so until later today and then only on its website. So what is it hiding? I suggest that its auditors may have flagged up a material uncertainty and that is what is being hidden. I have asked the company if this material omission from the results is what it is hiding but it has declined to comment. Here are the maths on how close Guild is to bankruptcy.- By Tom Winnifrith |
- 31 January 2023, 08:11 |
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BREAKING: Quadrise Fuels why has BDO quit and why no RNS? Lube up shareholders...
On 25 November 2022 at the Quadrise Fuels (QFI) AGM it was proposed that shareholders reappoint BDO as auditors. They did. Today at Companies House, as you can see below, we see that BDO has resigned. There has been no RNS.- By Tom Winnifrith |
- 30 January 2023, 15:58 |
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Tom Winnifrith Bearcast: Sincere apologies to Britain's latest Buffett, Mr Tim Blackstone
I end with an apology to Tim. I start with the annual agony of a tax return. The Mrs is struggling. Then onto Vast Resources (VAST), Tintra (TNT), can anyone explain the mystery to me? Rosslyn Data (RDT), Predator Oil & Gas (PRD) and UK Oil & Gas (UKOG).- By Tom Winnifrith |
- 30 January 2023, 15:41 |
Rosslyn Data Technologies – interims argue “look to the future with confidence”, what about the financials and attempted ramptastic RNS Reach then?
Describing itself as a “provider of a leading cloud-based enterprise data analytics platform”, Rosslyn Data Technologies (RDT) has announced results for its half-year ended 31st October 2022 including “expected revenue growth of 121% in H2 over H1… there is growing interest in Rosslyn's services from global blue-chip customers and via its partner network, which is resulting in an expanding pipeline”. So what of a currently approaching 12% lower share price response to 0.75p?- By Steve Moore |
- 30 January 2023, 14:49 |
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ScotGold: What is it with the BBC and ramping shares in shite, almost insolvent, miners from the Celtic Fringe with fake news?
First it was Anglesey Mining (AYM) which is in desperate need of a bailout placing and where the BBC rode to the rescue with some ramping based on fake news about its hole in the ground in Ynys Mon as I showed HERE. Now it is Scotgold (SGZ) which, as I demonstrated HERE, is now only heavily in debt but has run out of – other folks cash following FALLING production and so needs its own a bailout ASAP. Time for the BBC doing its bit of fake news PR.- By Tom Winnifrith |
- 30 January 2023, 13:34 |
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No thanks for the shitcoin offer Big Dave Lenigas, I am washing my hair tomorrow
Are you are at a loose end tomorrow? Do you want to waste your time and then lose some of your hard earned. In which case Big Dave Lenigas has an offer for you.- By Tom Winnifrith |
- 30 January 2023, 13:32 |
Sopheon – trading update, how valuable is its “SaaS transition” proving?
Previously writing on innovation management software and services company Sopheon (SPE), 17 months ago with the shares rising above 925p I concluded that I wasn’t prepared to pay a market cap of more than £100 million at that stage of ‘SaaS transition’ here. The shares most recently closed at 625p but are currently up to 680p on the back of a trading update. So what’s the situation now?
- By Steve Moore |
- 30 January 2023, 11:43 |
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This still stinks: Tintra –are Tintra Acquisitions and Fintech Leaders Fund dumping shares?
In today’s RNS Tintra (TNT) announced that it had received the US $10 million subscription at 1178 pence per share, a huge multiple to trading share price of around 185 pence per share down on the opening price by almost 12% at time of writing this article as follows:- By Tom Winnifrith |
- 30 January 2023, 11:38 |
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Iconic Labs –- EHGOSF starts to dump shares (Lot's more to come!)
In today’s RNS Iconic Labs (ICON) announced two conversions from European High Growth Opportunities Securitization Fund ("EHGOSF") as follows:- By Tom Winnifrith |
- 30 January 2023, 11:04 |
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Clem Chambers reckons there’s money in Sweet Transvestites from Transylvania – spoooof!
It is 50 years since the Rocky Horror show first appeared and to celebrate this Clem Chambers and the AIM dog that funds his sons’ business, Online Blockchain (OBC), has another spoof for you all as it tries to get away yet another bailout placing.- By Tom Winnifrith, the Sheriff of AIM |
- 30 January 2023, 10:49 |
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It is still too early to bet your investment money on 888 Holdings
All investors get plenty of stuff wrong, but the aim of the game is to get more stuff right. About nine months ago, I wrote about “888 Holdings plc (888), William Hill and mad deal excitement”. The former had a c. 250 pence share price at the time and today it is about a third of that level. Probably a good job that I concluded back then that “...I will generously call it one for the experts…and I am not one…Avoid”.
- By Chris Bailey |
- 30 January 2023, 10:30 |
Big Box Bonanza makes this Futuristic Warehouse Manager Worth a Peak
Hello, Share Collectors. One reason why the Footsie has begun to move slowly to tickle all-time highs is because big firms have the resources to offer greater protection against recession. So the more cautious investor is likely to choose companies in the big 100. But a different way to take advantage of the same situation is to buy shares in companies that derive their income from jumbo outfits.- By Malcolm Stacey |
- 30 January 2023, 08:14 |