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Oracle Power, David Lenigas and Mining Equities Pty Ltd: it’s a small world innit?
I flagged up earlier this week how the deal struck by Oracle Power (ORCP) to but a nothingburger copper silver exploration tenement was just a pump, a promote, nothing of substance. And yesterday leading the pump on twitter spiking the shares by 27% to 0.0335p was the man himself, David Lenigas.- By Tom Winnifrith, the Sheriff of AIM |
- 12 April 2024, 08:17 |
REACT Group – contract wins including “three material contracts”, a trading momentum continuing Buy
REACT Group (REAT) has announced what it describes as “three material contracts” all for mobilisation this month in addition to a stream of small and medium sized wins, stated as “demonstrates both the demand and the cross selling opportunities for our services”. This sounds good from a current 68p to buy share price, £14.5 million market capitalisation.- By HotStockRockets |
- 12 April 2024, 08:17 |
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Photo Article: the proof that Chill Brands MUST be sitting on bad news about WH Smith
Chill Brands (CHLL) has been very cagey about when its products were set to be sold in 150 of the busiest WH Smith stores. Thanks to a fan of the stock who has also tweeted some nice things about me, here is a hint. The stock was in the Gatwick Airport branch on 5 January, as you can see below. That is a bombshell.- By Tom Winnifrith |
- 12 April 2024, 08:14 |
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iomart – “results which demonstrate the resilience of the group”. Er, do they?…
Data centres and cloud services group iomart (IOM) has issued a trading update commencing that it “expects to deliver a solid set of full-year financial results which demonstrate the resilience of the group” and emphasising “a solid platform for enhanced revenue growth over the medium term, from extended product solutions, focused sales and marketing activity and complementary M&A”. So why are the shares currently a bit further down to 136p and from above 156p early this year?- By Steve Moore |
- 12 April 2024, 08:13 |
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Buy 2 Let Cars Limited – the long slow hand of the law.
The UK has a massive problem with fraud. In its report Fraud Track 2024, BDO indicated that reported fraud was £2.3 billion up a 104% on prior year. In many cases the fraudsters operating via the internet and using Crypto currencies are not going to be identified or found by the flat-footed plod which prioritise dealing with “hurtful” tweets on Twitter over financial crimes.- By Tom Winnifrith |
- 12 April 2024, 08:04 |
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Photo Article: a 2 metre reason NOT to go see my pal Vassilios Carellas on the ground with Arc Minerals in Zambia
Vassilios, the COO at Arc Minerals (ARCM), says he is off back to the copper belt in Zambia tomorrow. Ahead of his trip he says the infantry are out on the ground and sends me a picture of them in action. Yikes! I am sure Arc has some very interesting assets but I shall not be going to inspect them myself.- By Tom Winnifrith |
- 12 April 2024, 08:03 |
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Bearcast issue update: all should be well
This is just to update you that the problems we had been having with the Apple podcast player seems to be over. If you are receiving two Bearcasts, you can remove the temporary link. We're sorry for the inconvenience this caused.
- By Darren Atwater |
- 11 April 2024, 15:46 |
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BREAKING: FCA slams Neil Wooodford – worse to come for the disgraced fund manager we exposed
Neil Woodford, the “man who made Middle England Rich” until he fecked it all up, exposed by this website, has been served with a warning notice by the Financial Conduct Authority today, after only five years of investigations. But there could be worse to come for Neil.- By Tom Winnifrith |
- 11 April 2024, 15:01 |
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Tom Winnifrith Bearcast: whataboutery
I did a silly thing today. I start with Whataboutery, tax dodging Angela Raynor and twitter. Then Lok 'n' Store (LOK), Ben's Creek (BEN), Distil (DIS), Powerhouse Energy (PHE), BSF Enterprises (BSFA) and the silky words of Colin Bird on placings.- By Tom Winnifrith |
- 11 April 2024, 14:41 |
Bulletin Board moron seagreen where are you now? A posting that did not age well
seagreen used to post obsessively about why folks should follow his example and fill their boots with shares in Ben's Creek (BEN). As you can see below he was not a great fan of my views. Now with Ben's days, if not hours, away from going bust, seagreen seems to have disappeared. As ever, for folks who instead of heading multiple warnings, opted to insult me, I have zero sympathy. Enjoy poverty peasant seagreenpremium content
Distil – after in January “confident that we can continue to build on this growth in Q4”, now announces a Q4 sales slump!
RedLeg Spiced Rum, Blackwoods Gin and Vodka, TRØVE Botanical Vodka and Blavod Black Vodka brands owner Distil plc (DIS) has issued a trading update including noting full-year “double-digit growth” and that “the team has been working diligently to set us up in a strong position to continue to build on this growth in the coming months”. So why currently a 12% lower to 0.55p share price?- By Steve Moore |
- 11 April 2024, 13:39 |
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Blast from the past – Gable sues William Dewsall over alleged £20 million fraud
A kind reader points out an upcoming case in the High Court involving Gable, the formerly listed insurance play which we exposed over a series of articles back in 2015 and 2016 as being a complete Norfolk as you can see HERE. Natch the Bulletin Board savants knew better. Anyhow it was slung off the markets and went bust…- By Tom Winnifrith |
- 11 April 2024, 12:57 |
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Alpha Financial Markets Consulting – expecting lower net fee income growth than stated just in February, but states “continues to expect”!
Describing itself as “a leading global consultancy to the financial services industry”, Alpha Financial Markets Consulting (AFM) has issued a trading update including “trading has improved through the rest of Q4, as expected” and that it “has seen higher sales wins in recent months, while maintaining a strong pipeline of new business opportunities”. So why a current 330p share price comparing to 390p at the start of 2024?- By Steve Moore |
- 11 April 2024, 10:55 |
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Tiger Royalties – another quarter of pointless failure & meaningless data: premium to (undeclared) NAV is insane
Colin Bird’s sub scale investor in related parties Tiger Royalties (TIR) has issued a quarterly portfolio update. It is dismal, natch, but it also fails to show the true extent of the financial crisis that now makes Tiger’s future questionable.- By Tom Winnifrith |
- 11 April 2024, 10:23 |
BSF Enterprises – Frankenstein Leather, “No Current Plans For A Fundraise”.....Yeah, RIght, the annual report was a lie then?
Sub-Standard Listed BSF Enterprises (BSFA) has announced progress on its new ruse, Frankenstein Leather in that it has managed to produce a piece of bio-engineered leather measuring ten centimetres square and 0.5-1 millimetres thick. Clearly it is looking for world domination in the world of bio-engineered glasses cleaners for Islington eco-twits.- By Nigel Somerville |
- 11 April 2024, 09:30 |
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Ding Dong: for whom the discounted placing Bell tolls yet again
What is the point in Red Rock Resources (RRR) hiring the penny share promoter from the country where 30% of the population have the criminal gene, Mr David Lenigas? His recruitment as a consultant was claimed to be because of his track record in creating value. I kid you not. That is like saying I have a track record in ballet dancing or synchronised swimming. I remind you of the words from the release on David Lenigas day, 2nd February when the shares were 0.08p- By Tom Winnifrith |
- 11 April 2024, 09:16 |
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Tom Winnifrith Bonus Bearcast: thoughts on the £12.5m bailout of Revolution Bars at just 1p
In this bonus bearcast I look at where next for Revolution (RBG) and also Nightcap (NGHT), macro trends in hospitality and this final vindication for me in my debate with thirsty Paul Scott on how the minimum wage destroys jobs.- By Tom Winnifrith |
- 11 April 2024, 08:03 |
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BREAKING: Has Ben's Creek sacked all bar 5 of its staff? Statement needed asap
On the Ben's Creek (BEN) Telegram Group, a hang out for obsessed lunatics in abject denial, screenshots have appeared from Facebook. I bring you the shots below. These appear to be from Ben's employees claiming that nearly all staff have been laid off by the drowning in debt, loss making company. The shares should already have been suspended pending clarification as I noted HERE. Now an RNS is needed ASAP and surely a suspension looms?- By Tom Winnifrith |
- 11 April 2024, 08:03 |
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Churchill China – 2023 results, is it now “generating sustainable, growing returns for investors”?
Churchill China (CHH) states that it “is pleased to announce its final results for the year ended 31 December 2023” and emphasises that it “continues to deliver on its strategy of delivering a quality, differentiated product and with a service level unmatched in the industry. All this whilst generating sustainable, growing returns for investors”. So why does a current 1100p share price compare to 1250p on a January trading update?- By Steve Moore |
- 10 April 2024, 16:10 |
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Tom Winnifrith Bearcast: IQE is still a quarter of a billion sell
I discuss the delisting of ETX (ETX). Should you hold the shares and can AIM now be saved. I look at the issue of re-orders (or lack of them) at Futura Medical (FUM) and Chill Brands (CHLL). I comment on Tern (TERN) and , in depth, IQE (IQE)- By Tom Winnifrith |
- 10 April 2024, 15:42 |