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PRE
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Pensana Rare Earths – appointment of Liberum Capital, Green shit or more?

Pensana Rare Earths (PRE“is pleased to report the appointment of Liberum Capital Limited as a consultant and joint broker”. Liberum describes itself as “an independent Investment Bank” and Pensana is recently cashed-up, so what’s this consultancy bit about?…

UU

The Boys from the Wet Stuff Provide us with a Happily Defensive, if Boring, Share

Hello Share Painters. We all need a few more reliable shares in our bag. And one of the more likely to rake in a steady income for my portfolio is United Utilities (UU.), which supplies water to the North West. Nobody’s going to stop using water, are they? And water companies have a monopoly in their areas. But even water companies have been hit by the virus…

SHOE

Shoe Zone – “Date of Final Results” announcement is actually much more...

“Date of Final Results” announcement from Shoe Zone (SHOE) and the shares 9% lower in response, at 56p. So not a standard “Date of Final Results” announcement then…

URU

URU Metals – More Shares, but no Cash

AIM-listed John Zorbas POS URU Metals (URU) has announced the issue of a stack of shares to settle directors’ fees and those of an adviser this morning. That to add to yesterday’s paltry subscription shares raising just £280,000  (before expenses). I would suggest that this latest splurge of confetti shows just how badly screwed the company is.

ACT

Actual Experience plc – “Channel Partner Update” share price rise merited?...

“Channel Partner Update” from Actual Experience (ACT)… and the shares currently up 20% to 90p, to give a market cap of approaching £43 million. The update should be good then…

Bearcast
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Tom Winnifrith Bearcast - whichever way you look at it RMS is a joke

In today’s bearcast I start with the publishing event of the year. Then I explain why I am again begging bearcast listeners for a small donation to Woodlarks. I shall continue with this until the modest target is reached so to shut me up go HERE. Finally a look at the corporate governance questions but, more importantly the fundamental analysis that makes Remote Monitoring Systems (RMS) a massive sell even after today’s fall.

RMS
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10 days of AIM infamy for Remote Monitoring Systems – surely a Stewards needed?

Shares in Remote Monitoring Systems (RMS) have crashed by 19% today to 2.05p. Just nine days ago mug punters were paying 5p as, unbeknown to them, the two main directors flogged all of the shares in which they had an interest. This is a massive scandal and surely even the Oxymorons at AIM Regulation will figure out that a Stewards is needed ASAP.

UJO
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Union Jack Oil – shares down on “pleased to provide” West Newton update, so what’s going on?...

Union Jack Oil (UJO“is pleased to provide an update on the West Newton B-1 appraisal well (WNB-1)”. The shares though responded to the update around 20% lower at 0.12p, so what’s going on?…

IRON
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Ironveld – having argued asset “potential value many times in excess of the company's market capitalisation”… massively discounted placing & worse!...

Late March-announced results from Ironveld (IRON) included “your board remains confident that the company’s asset, containing 27 million tons of HPI, together with significant Vanadium and Titanium content, continues to demonstrate robust economics and has a potential value many times in excess of the company’s market capitalisation and balance sheet carrying value” – the market capitalisation then £2.6 million and stated net assets £21.7 million. Today a fundraising, from a £4.3 million market capitalisation with the shares having last closed at 0.65p. Surely a price competitive against that then? – and, given the stated potential value, even that unnecessarily dilutive?…

Gold

Video: Gold and bitcoin to the moon, or at least $4,000 for the yellow metal

Asset manager Frank Holmes argues that the US the election results and a split house may be the perfect scenario for the stock market and the ideal scenario for gold. He believes that G20 Central bankers have been functioning as a cartel since 2008 by synchronizing taxation and regulation. Now they are playing with MMT, zero interest rates, and monetary stimulus. However, they have redefined the CPI, and today if you use the old model, inflation is running at close to eight percent. Smart people are buying real assets like art, gold, silver, mining equities, and bitcoin.

AAZ
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Anglo Asian Mining – updated guidance, outlook little diminished. Buy...

We’ve previously noted on Anglo Asian Mining (AAZ) some impact from the conflict between Azerbaijan and Armenia “due to the conscription of a number of engineering staff and some recently encountered temporary delays due to underground rock faulting”. Now “Updated Guidance for Turnover and Production”…

CPG

Compass Share Price Points North Again and that Jolly Direction is Unlikely to Change

Hello, Share Munchers. The 12 month numbers for giant caterer Compass (CPG) were pretty scary. Revenue was shy by a fifth on last time. Underlying operating profit was worse, falling by 70% to £561 million. But the virus-blighted share price has been rising recently, and for good reason. For one thing, Compass has risen to the pandemic crisis well considering that at one point it had to close half its business…

GMS

Gulf Marine Services – CEO suspended, boardroom change all positive?...

Following further news today, Gulf Marine Services (GMS) has now both appointed a new director to the board and suspended the CEO this week…

Bearcast
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Tom Winnifrith Bearcast: ShareSoc to ask if the Pope is a Catholic, Chatting to Union Jack's Bramhill & another old geezer

ShareSoc has a question about PE backed IPO’s like the AA (AA). I answer it. I discuss the modus operandi of Chris Akers with reference to Trafalgar Property (TRAF) and then long chats with David Bramhill of Union Jack Oil (UJO) which looks a great trading buy and then with another old geezer, that is to say my broker.

URU

URU Metals – Subscription at 230p to Raise just £280,000

Well blow me down: AIM-listed John Zorbas POS URU Metals (URU) has rattled the tin and got someone to fork up at 230p per share. Apparently that is around a 10% discount, but given the paltry return for the company it says nothing that is good about the company. A few coins for the electricity meter and, er…..that’s about it.

FUTR
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Future buys GoCo for £594 million but will this paper over the lack of growth cracks?

The short answer according to Matt Earl, the bear raider known as the Dark Destroyer, is No!

CPT
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Concepta acquisition, this is the start of a new broom: Buy as shares will hit 2.5p soon

We shareholders in Concepta (CPT) have suffered long enough but it appears that the new management team led by Penny McCormick is now doing all the right things.

XSG

Xeros Technology – Woodford dog argues “an important step” order. Is it?...

A couple of announcements today from one of the many AIM dogs of Neil Woodford, Xeros Technology Group (XSG) – and the shares currently continuing something of a recent recovery…

PHE
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Powerhouse Energy – Winners and Losers

Having looked at the share transactions of Powerhouse Energy (PHE) investor Ben White, the son of Howard White who was a Director of Waste2Tricity, alongside sleazy Tim Yeo at the weekend and concluding Ben White may have been the luckiest investor on the AIM market, I was drawn to look at a few further transactions. In doing so I can only conclude that AFC Energy (AFC) must be the unluckiest corporate investor on AIM.

FUL
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Fulham Shore – surely it should be for the reader to decide if a standard update is of ‘particular relevance’!

Previously writing on Franco Manca and The Real Greek restaurants company Fulham Shore (FUL), I concluded including noting a suggested far from ideal balance sheet and increasing trading restrictions once again. Now assistance to investors with a “pleased to provide” trading update?…

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