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SJH
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EXPOSE: St James House – Technically Insolvent, Record Death Spiral in place – but what will the Mega Options bring in? A Red Flag SELL with bells on!

Technically insolvent AIM POS St James House (SJH) made a song and dance yesterday of its latest bailout rescue finance package – which neither bails it out or rescues it – with Tintra Acquisitions Limited. There is a £250,000 loan convertible into a death spiral at 10p per share (take note shareholders, with the price currently 45p a pop!) but tied to that are two option deals which apparently bring in between them a fraction below £180,000. So how much of that will find its way onto St James’ balance sheet?

BMV
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BREAKING: Bluebird Merchant Ventures close to agreeing Korea deal say the Aussies

This is jolly good news for we long-suffering but loyal shareholders in Bluebird Merchant Ventures (BMV). I have been shown an email from a senior executive at Aussie based Southern Gold.

SMIN
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Another smart deal at Aviva and one upcoming at Smiths Group

First some more positive news for Aviva (AV) shareholders.  A month ago, here, I discussed the positive decision that the UK listed insurance giant would sell its French business.  Today it also announced the sale of its Polish business and yet again it is for a decent amount of money of over Euro 2.5 billion.  This means that Aviva is now almost exclusively focused on their UK, Ireland and Canada businesses but also later this year can choose to pay a special dividend or seek to build further its core businesses.  Frankly, I would do more of the latter, even if the yield is already c5%.  As noted a month ago, I remain positive on this one and have a target share price well above the current 400p level.  

Collapsing-Reactor

Video: The Fed Has Destroyed All Stores of Value as debt brings out the worst in humanity

Asset manager Michael Gayed warns the very fabric of society is at risk.

BIDS
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Lying’ James Draper on cracking form as the very bad news from Bidstack buried at the bottom

How on earth is Lyin’ James Draper still in charge of Bidstack (BIDS)?  Dumping shares at almost four times the current price after lying to investors on a Justin the Clown podcast and while sitting on a lack of profits warning, issuing misleading RNS statements that had to be corrected and missing every financial target going is a piss poor CV even by the low standards of the AIM sewer. The man is a disgrace and is not fit to run a public lavatory let alone a public company. So to calendar 2020 results out today and the looming cash crisis.

HZM
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Horizonte Minerals – an upcoming catalysts BUY!

Shares in Horizonte Minerals (HZM) reached circa 10p last month as confidence in its ability to fund its projects increased. Sentiment has recently turned to see the shares now available at a 7.2p offer price. However, its proposition still looks compelling and there are clear potential upcoming catalysts which could re-spark the shares materially higher.

UJO

Union Jack Oil – online West Newton consultation launched, Buy

Union Jack Oil (UJO) has announced an online consultation has been launched as part of a public planning consultation process on a proposed hydrocarbon development of the West Newton A site (‘WNA’). So what’s the import?

BIOM

Sorry, Steve but I reckon Plant Plastic Company's Annual Report Portends a Promising Future

Hello, Share Fanciers. A short time ago, I reported on a new order from an American customer for alternative mobile coffee cups from British green pioneer Biome Technologies (BIOM). The firm’s full year figures are now out and at first blush they’re not that encouraging. But this is a company producing futuristic products which are likely to become more fashionable. So with a small dip on the share price, I think we’re looking at a buying opportunity.

ARCM
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Arc Minerals – “Surrender of Share Options” announcement = Management Greed Roll-Call Of Shame...

On 13th January Arc Minerals (ARCM) announced that it had “received a formal notice from Anglo Exploration Zambia Ltd (“Anglo American”)… that, following due diligence, it is sufficiently satisfied to give notice to conduct negotiations in respect of a commercial transaction prior to the expiry of the extended exclusivity period of 180 days”. On 15th February the company hosted an investor webinar and on 5th March it was “pleased to announce that it has appointed Rothschild & Co as its retained financial adviser, effective immediately”. As the shares rose there has now followed “Surrender of Share Options” and ‘Placing and Acquisition’ announcements…

TERN
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Are TERN bulls going to be disappointed as Fido fails to bark? Yes - Statement needed NOW

Shares in AIM-listed jam-tomorrow investment company Tern plc (TERN) are still riding high at 10p. The spark for the latest rise was to do with principal investee Device Authority and the FIDO Alliance which involves no less than Intel. So Tern will make a fortune, right? Not so fast!

SAL

SpaceandPeople – “optimistic… will recover quickly”, so why further share price decline?...

Previously writing on manager of promotional and retail merchandising space SpaceandPeople (SAL), in December I questioned prestigious property wins significant opportunity… or ramptastic?. Today a “Trading update” including “given the level of enquiries and proposals the group is currently seeing, the board is optimistic that SpaceandPeople will recover quickly, both in terms of the group’s pre-existing portfolio of venues and the new venues added to the portfolio”. So why are the shares currently, at 9p, a further 10% lower?…

Bearcast
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Tom Winnifrith Bearcast: Why IQE's valuation is a rum 'n' coke, 2 acid tests for the FCA and talking to the great man of mining analysis

I end with a few notes on Woodlarks. There are now 7 walkers confirmed – please do make a donation HERE. Then I discuss 2 acid tests today for the FCASupply@ME Capital (SYME) and Lyin’ Chris Cleverly’s planned RTO into Stranger Holdings (STHP). Then I look at St James House (SJH) and wonder if the taxman needs to have a butcher’s at 4 of its disposals involving John Botros. Then it is onto IQE (IQE) and why Malcolm Stacey and thirsty Paul Scott are wrong. Finally a look at Jubilee Metals (JLP). I look at the fundamentals after today’s interims and conclude that the shares should be well North of 20p. Then I discuss the matter with the world’s leading analyst of PGM stocks beginning with J for his input.

SYME
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Corrected: When was the last Supply@ME Capital AGM? Do the shares need suspending by the FCA again?

It is a simple question I have put to its PR man repeatedly over the past couple of days. So far there has been no answer. I can find one when the name was Imaginatik on 12 December 2018 but none since. So why should this matter, when I raise it with the FCA later today?

SHI
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SIG remains cautious but I am not dumping my (small) shareholding

Just over a year ago I wrote an article mildly bizarrely titled ‘Only Oscar Wilde understands SIG plc’ HERE. You can read about what I trying to say, but suffice to say the (fortunately very few) shares I owned in SIG plc (SHI), the ‘leading European supplier of specialist building solutions to trade customers across the UK, France, Germany, Ireland, Poland and Benelux’, did not have a good 2020. However – in line with much of the market – the shares have at least doubled since eleven months ago. So do I move on or think about doubling up my holding?

ARS

AsiaMet Resources- Is it run by total #ARS (es)? (TW Note, No! Peter is talking out of his ARS)

First it is Peter Brailey: My colleagues Tom Winnifrith and Gary Newman have provided opinion on the investment case of AsiaMet Resources (ARS) for some time. I think it is fair to say both see good potential upside. I remained on the fence watching. But I do see downside on the company’s social media strategy and I do not like it at all. It’s made me get off the fence – I will not invest until the company acts with a moral code I can agree with.

STHP
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Explosive Dossier: surely the FCA and SEC must act to stop the backdoor stockmarket comeback of Chris Cleverly

When your cousin James is a Foreign Office minister and tipped as a future Prime Minister and you mix freely among the Westminster great and good you might think that you are above the law. That certainly seems to be the case for Chris Cleverly who has spent the past five years lying to investors and raising cash on the back of it. Now he has a new con which he is trying to float on the Standard List of the London Stock Exchange via a backdoor reverse takeover into an insolvent company, and he has now roped in a US listed company which is already lying to its investors. The FCA and SEC must act at once. Cleverly’s crime spree started at AIM listed African Potash (AFPO).

SAE
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Simec Atlantis Energy- Is Uskmouth Power Station now dead?

Simec Atlantis Energy (SAE) updated the market yesterday that the Uskmouth Power Station planning application has been “called in” for determination by the Welsh Government. That in itself is bad news for shareholders as this will cause delay. However that is far from the entirety of the bad news.

FDBK

Medical Minnow with a Lacklustre Share Price (So Far) Wins a Handy Kickstart from the NHS

Hello Share Shepherds. A small medical pioneer I’ve commended to your further study before is Feedback (FDBK). It has some clever software to help hospital doctors do their job better. However, the share hasn’t exactly taken off, yet. Never mind, now comes some news which might kick start a better performance.

SPE

Sopheon – “pleased to announce” full-year results, so why a further share price fall?

Sopheon (SPE), “the international provider of software, expertise, and best practices for Enterprise Innovation Performance, is pleased to announce its results for the year ended 31 December 2020”… but, already down from 980p late last month, the shares are currently further lower from a last close 895p…

SJH
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St James House shocking results part 3 - dubious deals revealed

As you dig through the detail of the year end 31 January 2020 accounts, you discover more evidence of still generous asset valuations and the poor deal-making ability of St James House (SJH) which is why anyone buying the shares is truly insane. 

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