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NIOX – positive 2022 trading statement, not long to be able to buy at these levels?
Medical devices group NIOX (NIOX) has issued a trading statement for the 2022 calendar year and that “sales of NIOX devices and tests continued to improve”.- By HotStockRockets |
- 20 January 2023, 16:49 |
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In The Style Group – “trading update” further suggests CEO’s stated ‘absolute confidence’ is wrong
Previously writing on group which described itself as a “disruptive and inclusive digital womenswear fashion brand” In The Style (ITS), I reviewed what of a now 13.625p share price as the CEO swiftly exited and a strategic review was announced but it argued “considerable potential… the current market capitalisation of the company does not properly reflect”? I concluded, noting its trading trajectory, reiterating to avoid… and now an intra-day (uh oh!), 12:54pm, “trading update”.
- By Steve Moore |
- 20 January 2023, 16:29 |
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Tom Winnifrith Bearcast: Zamaz shares collapse, the FCA disgraces itself again
In today's Bearcast I look at Zamaz (ZAMZ), Love Hemp (LIFE), Mirriad (MIRI) and in depth at Versarien (VRS) as its shares slide again ahead of what will be appalling results and an auditors warning within 10 days. Neill Ricketts...it could not happen to a nicer bloke.- By Tom Winnifrith |
- 20 January 2023, 15:09 |
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Seraphine – recommended offer by the robber barons of Mayfair Equity Partners, another London Stock Exchange covid-era disgrace
An announcement from maternity and nursing wear group Seraphine (BUMP) that its “independent directors are pleased to announce that they have reached agreement on the terms of a recommended cash offer to be made by… a wholly-owned indirect subsidiary of funds managed by Mayfair Equity Partners LLP”. It states this including with that the 30p per share, £15.3 million, offer “represents a premium of approximately… 206 per cent to the closing price per Seraphine share of 9.8 pence on 19 January 2023”. However, the group only listed in July 2021… at 295p per share! And that was with a controlling shareholder… Mayfair Equity Partners!- By Steve Moore & Tom Winnifrith |
- 20 January 2023, 15:09 |
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Mirriad puts itself up for sale as it admits it is running out of cash ( again)
Mirriad Advertising (MIRI) today uttered the two words that should strike fear into the hearts of all investors: “strategic review.” That is stockmarket speak for “the game is up we are fucked.” Sure it tried to sugar the pill by initiating a formal sales process (FSP) and putting itself up for sale. Hey Cheryl darling I am waiting, ready, free and available.- By Tom Winnifrith |
- 20 January 2023, 14:09 |
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Supply@Me Capital – joke trading update, deep dive into the waffle, Part 2
As I pointed out earlier, in today’s trading update the fraud Supply@ ME Capital (SYME) provides no financial information on revenues or cash as at 31 December 2022 because boss Alessandro Zamboni doesn’t want to expose just how piss poor the actual numbers are. The trading statement has a list of “achievements” but its primarily a list of excuses of that the dog ate my homework during 2022 but there will be jam tomorrow. Now to dig into the excuses…- By Tom Winnifrith |
- 20 January 2023, 13:25 |
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Hotel Chocolat is going to need a very sweet 2023
A couple of weeks ago I concluded that “Chocolate is a sweet treat but you still cannot say the same for Hotel Chocolat (HOTC) shares” HERE. Despite a big share price fall in 2022, the then c. two quid share price, after an early January hope romp, seemed bonkers to me. It is just over 220p now as, apparently, it had a great Christmas trading session.
- By Chris Bailey |
- 20 January 2023, 13:10 |
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Scotgold – it gets worse! A reader writes…
I gave Scotgold (SGZ) a good kicking yesterday and anyone who holds the stock is either a total moron or a saltire waving, heroin addicted uber nationalist. Or both. But I am not an expert here, a reader writes with a few more observations including shocking new allegations of law breaking. Over to the real expert who writes:- By Tom Winnifrith |
- 20 January 2023, 11:37 |
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Harland & Wolff, still a short: the bear case, six of the best
At 19.5p, shares in Harland & Wolff (HARL) are down by almost a third since an early November ramp but the market cap is still £35 million and there are stacks of Bulletin Board Morons who reckon this is a time to pick up a bargain. One who is short points out 6 key points the bulls ignore.- By Tom Winnifrith |
- 20 January 2023, 10:50 |
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When is a trading statement not a trading statement? The fraud Supply@ME Capital opines: Part 1
What profit or rather loss did the fraud Supply@ME Capital (SYME) make last year? What about sales? Assets under management at the sub scale asset manager Tradeflow? How little cash is left? Er…. Nobody has a scooby and that is even after a trading statement today from the fraudsters. If there was good news on any hard metrics, Supply would shout about it. Instead…- By Tom Winnifrith |
- 20 January 2023, 09:51 |
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Tom Winnifrith Bearcast: Boohoo is it a buy or a short or just one to watch from the sidelines with beer and popcorn?
I start with walking to school with Joshua in the snow then cover being an insider (Kefi and Skinbiotherapeutics) and what it actually means. Then Mode Global (MODE), ouzo on my cornflakes again, folks were warned, Red Rock Resources (RRR) and its comical broker note, and finally today's trading statement from Boohoo.com (BOO)- By Tom Winnifrith |
- 19 January 2023, 15:35 |
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Centamin – a “most welcomed” Egyptian Court judgment, still a gold recovery Buy
Centamin (CEY) has emphasised a “most welcomed” Egyptian Supreme Constitutional Court judgment and that “operations at Sukari Gold Mine remain unaffected and continue as normal”. So what’s the “most welcomed” news?- By HotStockRockets |
- 19 January 2023, 15:34 |
Marshalls – “in-line with current market expectations”, but for how long does that mean?
Landscape, building and roofing products manufacturer and supplier Marshalls (MSLH) has issued a trading statement commencing that “revenue for the year ended 31 December 2022 was £719 million (2021: £589 million)” and including that it “expects to deliver adjusted profit before tax for the full year that is in-line with current market expectations”. The shares have currently responded up to around 325p, but why still far below the 500p+ of even last summer?- By Steve Moore |
- 19 January 2023, 14:45 |
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Red Rock Resources a ten bagger? LMFAO Mr broker
I write as a shareholder in Red Rock Resources (RRR). But the broker note below, today being trumpeted on twitter today by boss Andrew Bell is complete and utter bollocks. The idea that Red Rock shares could go from 0.26p to 2.60p is just fantasy. There is more chance of me getting lucky with you know who by the weekend than of this work of fiction proving any where near accurate.- By Tom Winnifrith |
- 19 January 2023, 13:36 |
Video: The Fed has lost control, of inflation, silver to $100, buy gold
Author and investor Don Durrett might be termed as a bit more of a conspiracy theorist than even our own Nigel Somerville He reckons that the financial media and government tend to release bullish information which is inaccurate and misleading.- By Tom Winnifrith |
- 19 January 2023, 13:31 |
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ScotGold – buried in today’s news is a cash crisis, hence current valuation insane
Scotgold (SGZ) has today served up a trading statement where the bad news is buried in a place nobody is meant to spot. One imagines that the only folks holding this stock are patriotic Saltire waving heroin addicts yakking on about how women with penises should be allowed to go into women’s prisons and share a changing room with your 13 year old daughter. Maybe our heavily subsidised friends in Scotland have not noticed the elephant in the room or maybe economics is not their strongest subject?- By Tom Winnifrith |
- 19 January 2023, 13:20 |
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Dr. Martens – “demand for Dr. Martens remained resilient”, did it though Mr Wilson?
Previously writing on footwear brand Dr. Martens (DOCS), in November with the shares slumping to 222p I questioned of its CEO who do you think you are kidding Mr Wilson, if you think the performance is ‘pleasing’? – concluding with another 2021 IPO Roll-Call of Shame and that the shares still looked overvalued. They last closed at 209.2p… and today a “trading statement”.
- By Steve Moore |
- 19 January 2023, 11:58 |
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Gear4Music hits a bum note again – another warning
Another quarter goes by and another blow for long term Gear4Music (G4M) fan Malcolm Stacey, another profits warning. The real issue, as I have noted many times before, is the balance sheet.- By Tom Winnifrith |
- 19 January 2023, 11:28 |
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My bearish view on Mode has proven to be correct as it can't secure further funding and the share price collapses again!
Writing bear pieces about any share tends not to make you very popular with people who are invested in that company, to the extent that some feel the need to engage in personal abuse, or even threats, so it is always nice to see your opinion ( and in this case, that of TW too) vindicated!- By Gary Newman |
- 19 January 2023, 11:05 |
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Keep avoiding Deliveroo shares
I have pretty much had the same view on Deliveroo (ROO) shares since its comedy IPO in 2021: by all means have a Deliveroo delivery a couple of times a year, but don’t buy the shares! I last said that in August when the shares were just below a one quid price and, despite lower bond yields and better larger cap markets since, the stock is still about the same price today. And you will not be surprised to know that today’s update is still banging on about how the online food delivery company will be profitable…at some point later this decade!
- By Chris Bailey |
- 19 January 2023, 10:34 |