ShareProphets

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


24 April 2016, 11:54 | By Nigel Somerville |

Telecom Plus – year-end Trading update

Last week fully-listed Telecom Plus (TEP) released its full year (to Mar 2016) trading update ahead of results to be published in mid-June. It all looks great on the surface, but I think the shares look very toppy.

24 April 2016, 11:43 | By Tom Winnifrith, The Sheriff of AIM |

Fraudster Rob Terry of Quindell infamy slams AIM as not being well regulated - insists he must be quite honest

Rob Terry's interview with the Sunday Telegraph today really is a laugh a minute. Having noted how he things S&G got a bargain buying Quenron assets - a deal that has pushed it to the brink of insolvency, Terry then moves onto the AIM market. Rob is concerned about its standards of regulation. Fuck me this is ridiculous.

24 April 2016, 11:19 | By Cynical Bear |

Challenger Acquisitions – putting it simply, it’s just a rubbish idea

Watching Challenger Acquisition’s (CHAL) CEO, Mark Gustafson, doing yet another Proactive Investors interview this week with nothing new to say, albeit he said it very confidently, reminded me to finally post a piece that has been on my mind for a while about why this remains a strong bear pick for me.

24 April 2016, 11:06 | By Tom Winnifrith |

Fraudster Rob Terry of Quindell infamy thinks near-bust Slater & Gordon got a bargain - you couldn't make it up

Fraudster Rob Terry has given an exclusive interview to the Sunday Telegraph which is sheer comedy at numerous levels but shareholders in Slater & Gordon will not be laughing for Terry really kicks them in the goolies. S&G shares were $7.95 when it bought 92% of the Quindell business. A year later they are 29 Aussie cents. But Terry says:

24 April 2016, 11:05 | By Pizza Hardman Darren Atwater |

Notes from Underground: The Farce Awakens

Some readers may roll their eyes at Tom's Rebel Alliance vs the Empire meme that he has adopted the past few years. My adventure at yesterday's Master Investor show demonstrates that Tom isn't just bloviating. 

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24 April 2016, 08:18 | By Tom Winnifrith |

Caption Contest of the Week: The People's Assembly workshy bimbo edition

The People's Assembly are folks who reject the choice of those who actually voted in the last Election. With millionaire lefties such as Russell Brand and Charlotte Church involved you may guess that everyone writing here - bar Malcolm Stacey - views them with contempt. Thus we invite you to suggest captions for the picture below. You have all week to think about it, the deadline is midnight Sunday 24 April

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23 April 2016, 16:59 | By Tom Winnifrith, The Sheriff of AIM |

Tom Winnifrith Bearcast: Prince, Charlotte Bronte, Price & the 1st Red Flag is all you need

Will the birth of Prince be celebrated in two hundred years or his death in 400. I start with a reflection on a chat with my father. Then it is onto the first red flag at African Potash (AFPO) and why folks should have run a mile back then. Finally I point out after today's bombshell why folks are looking at valuing all the Horse Hill stocks, but especially UK Oil & Gas (UKOG) in just the wrong way altogether.

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23 April 2016, 15:58 | By Tom Winnifrith, The Sheriff of AIM |

A NED to keep executives like fraudster Rob Terry in check at Quob Park...cometh the day

Non Executive Directors are meant to be there to keep executive directors in check on behalf of other shareholders. That applies if you are dealing with an honest CEO or a psycopathic fraudster such as Rob Terry of Quindell (QPP) infamy who now runs the Knob Park Ponzi. So which NED's keep the old crook in check?

23 April 2016, 15:30 | By Tom Winnifrith, The Sheriff of AIM |

Bogus twitter accounts talk to each other telling lies for the Lenigas ramps

Gracie May Turner sent out her first tweet today Her best pal who she chats to Miriam Sharples also sent her first tweet today. Both have tweeted just five times. Both tweet on David Lenigas themes only and love shares in his companies. And both commit market abuse. I put it to you that both are bogus accounts. In response to the damning Horse Hill bombshell earlier, Gracie May tweets:

23 April 2016, 12:57 | By Tom Winnifrith, The Sheriff of AIM |

Fraudster Rob Terry admits to spunking 450,000 Euro of Quob Park cash as Quindell fraud Biosign goes bust

The tawdry tale of fraud involving Canadian listed penny dreadful Biosign (as of 2 weeks ago bust) and fraudster Rob Terry is finaly drawing to a close. Terry has fessed up to the final chapter on his lamentable Knob Park blog.

23 April 2016, 12:36 | By Chris Bailey of Financial Orbit |

Ashtead: taking advantage of shabby peers

What characteristics do you like to see in an equity?  How about revenue and profit growth, free cash flow generation, relatively modest debt levels, an experienced and sensible management team, taking market share against peers and a good capability this could continue over the next few years?  And how about for the icing on the cake: a low valuation and increasing dividend capability?

23 April 2016, 11:28 | By Tom Winnifrith & Steve Moore |

Symphony Results -patchy but the shares are a buy

Symphony Environmental Technologies (SYM) has announced results for a 2015 year in which“revenues remained disappointingly static”, but that it “has sufficient working capital to execute its strategy and… as an operationally geared business, now running with a significantly lower cost base, the board looks forward to a financially more successful year in 2016”.

23 April 2016, 11:14 | By Tom Winnifrith |

PHOTO: Jim Mellon's bully boy security guards march Pizza Hardman Darren Atwater out of minor trade show marked by empty seats

Pizza Hardman Darren Atwater responded to a piece of spam email and ordered a ticket legitimately to attend Jim Mellon's minor trade show in islington today. The show claimed that 10,000 tickets had been booked although capacity in the rooms booked is sub 3,000. Whatever. Atwater attended this morning and saw plenty of empty space. He estimates that, including suits manning stands, there were perhaps 2,000 in the hall. Again, whatever.

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23 April 2016, 09:56 | By Tom Winnifrith |

BREAKING: As David Lenigas ramps Horse Hill plays today, he fails to mention that 35% is being dumped

Monaco tax haven based promoter David Lenigas is today ramping Horse Hill shares at a minor trade show run by another offshore based share promoter. "tax minimization 'R us - screw the NHS." But, at the rampathon, what the fat Aussie wont be brandishing is a regulatory filing from late last week by Magellan Petroleum, the US listed owner of 35% of Horse Hill Developments. You see it wants out of Horse Shite big time.

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23 April 2016, 09:21 | By Nigel Somerville, the Deputy Sheriff of AIM |

Daniel Stewart – finally files Annual Return, but…..

Shares in the former AIM-cesspit company Daniel Stewart Securities plc (DAN) were booted off the Casino in January this year after its latest – and last – Nomad, Roland “fatty” Cornish, found it all too much and resigned last December. Losing two Nomads in the space of just eight months proved terminal and the company was unable to find another Nomad prepared to represent it.

23 April 2016, 09:08 | By Tom Winnifrith, The Sheriff of AIM |

African Potash this is not about bad PR this is about FRAUD - the shares must be suspended, CEO should go to jail

If anyone sees Chris Cleverley about town make sure he reads this. The "spin" from supporters of African Potash (AFPO) is that the events of yesterday are just a matter of bad PR, nothing unusual on the AIM casino and we should just move on. Ben "flip flop" Turney tweets such nonsense. Boy has flip flop lost the plot. African has been seen to have made statements via RNS, as it worked a placing away that were just, by its own admission, untrue. It raised cash on a false prospectus. That is fraud. Its shares must be suspended and its CEO Chris Cleverley deserves to go to prison. And he might just do that. Flip Flop sent out two tweets on this matter yesterday:

23 April 2016, 08:10 | By Cynical Bear |

Tern – this deal smells a bit Worthington-esque!

Following on from Nigel’s piece yesterday (HERE), I thought I’d dig into the acquisition a bit further as it’s got a slight whiff of Rob Terry or Doug Ware about it.

23 April 2016, 08:07 | By Malcolm Stacey |

My Old Man Said Follow the Van Hirer.

Hello Share Squeezers.  Having recently moved house with the aid of a hired furniture van, I can attest that there is a lot of competition out there. However, there is a large hirer of light commercial vehicles which seems a rather interesting play to me. It’s called Northgate (NTG) and it buys lorries, vans and cars which it rents to businesses and private drivers. Eventually it sells these vehicles. 

22 April 2016, 18:00 | By Tom Winnifrith, The Sheriff of AIM |

Tom Winnifrith Bearcast : Mr Bagot is coming to town la la la but where's frigging Andalas

Sorry for the late bearcast - just back from the 20 week scan. All on track, fingers crossed. I end with news about Mr Bagot, the penioner mugged by WH Ireland. I start with Metal Tiger (MTR) and my story of earlier and the comments of morons. I then move onto African Potash (AFPO) and Blenheim Natural Resources (BNR) before ending on Andalas (ADL) - where's the RNS Mr Dave "I break the rules" Whitby? I also cover Strat Aero (AERO), see HERE,  and Goldenport (GPRT).

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22 April 2016, 17:40 | By Steve Moore |

WANdisco – share price rise despite funding crunch ahoy; there’s not a bargepole long enough

March-announced results for 2015 from WANdisco (WAND, the self-described provider of whatever “enterprise-ready, non-stop software solutions that enable globally distributed organizations to meet today's data challenges of secure storage, scalability and continuous availability” are) included that the company had required to make the first drawings on a $10 million revolving credit facility after a $26.1 million net cash outflow before new financing saw year-end cash at $2.6 million. This saw the shares on the retreat back towards 100p, but they have since recovered to a current 175p. Hmmm…

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?