ShareProphets

Wednesday 26 April 2017 The one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares


3 October 2014, 23:20 | By Gary Newman |

Vedanta worth another look

Shares in Vedanta Resources (VED) did very well last time I tipped them, and it looks like it is time to think about buying back in again. Back in March I tipped Vedanta at 845p and a few months later it hit highs of over 1200p, and now that it is back down in the 940s it is well worth buying at this level and on any further dips. 

3 October 2014, 23:13 | By Ross Norman of Sharps Pixley |

Gold demand believed to grow and stabilise the economy

Martin Murenbeeld highlights in the recent Gold Monitor the lack of attention steered towards the continuing up-take of physical gold in China. Despite the general conclusion of physical demand in China being down year-on-year, from record level 1,275t last year to an expected 900-1,000t according to WGC, the distribution of physical gold through the Shanghai Gold Exchange (SGE) shows a growing appetite for gold in the long term.

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3 October 2014, 23:11 | By Robert Tyerman |

Firestone prepares for full-scale production

Gem counter Firestone Diamonds (FDI) should be ready to produce one million carats a year from its flagship Liqhobong project in the politically-troubled southern African kingdom of Lesotho by the middle of 2016, having halved its pre-tax losses to $11.2 million (£7 million) in the year to June. So says chairman Lucio Genovese, as the AIM-quoted company nears completion of the sale of South African assets and works to dispose of its ‘low-grade, high-value’ BK11 mine in Botswana.

3 October 2014, 22:47 | By Robert Sutherland Smith |

Royal Mail shares at 390p: it’s the postman at the door; wake up! Smell the coffee and sizzling bacon!

Having seen the share price of Royal Mail (RMG) reduce by a quarter (from 526p to 390p - last seen) since my initial assessment last May, I thought it opportune to have another look to see where now are in valuation terms?   

3 October 2014, 22:45 | By Steve Moore |

Software Radio Technology – positive trading statement enough to make the shares a buy?

On previously commenting on AIM-listed developer and provider of offerings based on the ‘Automatic Identification System’ maritime domain awareness technology, Software Radio Technology plc (SRT) I noted an approach to ALL investors and potential investors that should be applauded, but awaited operational delivery. The following updates on a trading statement which has helped the shares 4.5% higher on the day to 26p.

3 October 2014, 22:41 | By Malcolm Stacey |

An Investment to Last? – Look for a Low P/E and Rising Divis.

Hello Stock Riflers. I guess most share shifters who tune into this fabulous website are short or mid term punters. I'm mostly a momentum trader which means some of my trades are very short indeed. You can't afford to stay with a stock too long when you haven''t done deep research, but are instead relying on the fact that the share is moving upwards now - and could continue to do so for the next few days.

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3 October 2014, 19:03 | By Steve Moore |

eServGlobal – company suggests there no good reason for share price decline, I suggest a few

Having announced after the market closed on 30th September, with its shares at 31.75p, that its Chief Financial Officer had sold all of his shares in the company, eServGlobal (ESG) has noted “the recent move in its share price” (closing at 27p yesterday) and “wishes to announce that it continues to trade in line with the board's expectations”. With the shares already down from more than 59p earlier this year, what’s with the share sale though?

3 October 2014, 16:28 | By Tom Winnifrith |

Quindell’s RNS from 18 September 2012 – Quintica Red Flags

There is speculation that Quenron (QPP) subsidiary Quintica is horribly late in filing its annual report which was due on May 30th. Actually it changed its year end so the report was due to be filed 30th September 2014. It has not been but it is only a bit late not horribly late. However, I just wanted to point out that the release announcing the deal was a tad on the misleading side. 

3 October 2014, 16:03 | By Tom Winnifrith |

ShareProphets Seminars: Video Presentation by Chris Gilbert of Fox Marble

On Monday 29th September the first ShareProphets evening seminar was held. 4 talks, free pizza and booze. A great time was had by all. To ensure that you get priority booking for future seminars (the next one is 13 October) register HERE. The first talker was Chris Gilbert of Fox Marble (FOX) who spoke well and made a good case. I rate the shares as a buy.

3 October 2014, 15:38 | By Lucian Miers |

AO World is a joke and a sell and a lesson for our times

When, in the not too distant future, learned books and articles appear discussing the crazy climate at the top of the bull market which started in March 2009, there will be various iconic examples greed and folly at the peak in 2014.

3 October 2014, 15:21 | By Robert Sutherland Smith |

Autumn’s market imponderables: death and destruction not forgetting US bonds.

There are some palpable reasons for the markets nervousness at the moment. They include the hush that has settled around the public demonstrations in Hong Kong - where the love of liberty seems to have taken root - and the alarming geometric growth in the number of Ebola infections in West Africa. 

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3 October 2014, 15:13 | By Tom Winnifrith & Steve Moore |

Premaitha – Share Options award: Reiterate buy stance

It sticks in the craw when management award themselves share options at 10p when the share price is 17p. But that is what Premaitha (NIPT) announced yesterday. However

3 October 2014, 15:11 | By Mark Howitt |

What Can you Learn from The Intelligent Investor? Part Two

Benjamin Graham is the man who taught Warren Buffett about investing in shares. His classic book is The Intelligent Investor which is as relevant today as it was when first published in 1952. Let’s get right into the quotes again, we’re now on Chapter One.

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3 October 2014, 15:06 | By Tom Winnifrith |

Friday Caption Contest – Daniel Stewart & Steamy Special

Daniel Stewart (DAN) earns its money advising companies (not all of them frauds) how to list and behave on AIM. It brought us Naibu (NBU) and Quenron (QPP). Two days ago its own shares were suspended on the AIM casino because the cash strapped firm could not publish its accounts on time – see HERE. In honour of this…

3 October 2014, 15:02 | By James Parter |

Dump Urals Energy and Buy Fastnet Oil & Gas

Today I cover another pair trade. This time I say dump shares in Urals Energy (UEN) and grab a slice of Fastnet Oil & Gas (FAST). Here is why. In short, Urals is an obscenely risky play and Fastnet is an extremely tasty, low risk, play.

3 October 2014, 14:40 | By Tom "crazy yid" Winnifrith |

The Jew Hating Quindell Moron threatens to pay me a visit…here’s when I am free you Nazi scum

I have noted before how active QPPSAG member, the Jew hating DaveyCaferacer posts some utter crap about Quenron (QPP). It now seems he threatens to “pay me a visit.” From the asylum that is the LSE Bulletin board he writes:

3 October 2014, 14:39 | By Steve Moore |

Xaar – shares crash further on another profit warning, what now?

Shares in digital inkjet printing technology company, Xaar plc (XAR) plunged 37% to 231p yesterday after ots latest profits warning. Should you bottom fish? Don't be silly.

3 October 2014, 14:26 | By Tom Winnifrith |

It is almost worth going to New York for this bearfest - brilliant video

This video is superb, In a humourous way it demonstrates why bears & short sellers provide such a valuable service to the stockmarket and it promises another major China fraud expose next week. I am almost tempted to head off to the Big Apple for the party...

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3 October 2014, 14:25 | By Malcolm Stacey |

Is Diageo on the Cusp of a Big Share Bender?

Hello Share Tipplers. The big drinks firm Diageo (DGE) has had a dream rise to fame and fortune. But all that stopped about a year ago.

2 October 2014, 21:18 | By Ben Turney |

Exclusive Interview with Sound Oil CEO James Parsons

When I last wrote about Sound Oil (SOU), I suggested the “valuation looked stretched”. People lined up to disagree with me, not least Brokerman Dan. The problem with the rebuttals is they just sounded like the same tired old lines trotted out about countless resource stocks on AIM, all promising heavenly riches. And we know what happened to the overwhelming majority of them. Despite my cynicism, I was approached by a friend of Sound Oil’s asking if I’d talk to CEO James Parsons to hear his version of the story. Earlier in the week I caught up with Mr Parsons and there could be more to this company than I initially thought. 

20 hours ago | By ShareProphets |

The April edition of the UK Investor Magazine is live - UK Investor Show edition

The April edition of the UK Investor Show Magazine is live featuring Metal Tiger, BMR, Harley Investments, Action Hotels and much more.

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3 days ago | By Pizza Hardman Darren Atwater |

New Bulletin Board Moron of the Week Contest - sponsored by MoneySwap

This week's contest is graciously sponsored by MoneySwap, the Filthy Forty constituent that has this week requested to be dropped from the AIM market.

7 days ago | By Malcolm Stacey |

How the Snap Election Will Affect Your Share Prices

Hello Share Pillagers. We all should have known something big was going to happen by the way shares were marked down heavily after the Easter break. On Easter Monday, when our stock market was closed, the US version was open. During that session, American shares rose by about 1%. That usually means British shares rise in tandem, but not this time.

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7 days ago | By Steve Moore |

Westminster Group – emphasises “pleased” & placing “oversubscribed”. Hmmm…

Westminster Group (WSG) “is pleased to announce a placing” (to raise a gross £1 million at 10p per share) and “the conversion of the balance of the convertible loan notes issued to Darwin Capital Ltd eliminating the facility”. The shares have though responded more than 15% lower…

7 days ago | By Steve Moore |

Distil – update on recent UK Investor Show 'Dragon's Den' selection as the shares rise again

Shares in recent UK Investor Show 'Dragon's Den' selection (at 2.15p, having also been selected last year at sub 1p), Distil (DIS) have bounced a further just over 5% on the back of a “Listing in Major UK Supermarket Chain /Tdg Update” announcement...

7 days ago | By Darren Atwater |

Video: Peter Hambro of Petropavlovsk presents at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Peter Hambro, Chairman of Petropavlovsk (POG), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

7 days ago | By Darren Atwater |

Video: Joe Salomon of Oilex presents at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Joe Salomon, Managing Director of Oilex (OEX), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

7 days ago | By Darren Atwater |

Video: Michael McNeilly, CEO of Metal Tiger, presents at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Michael McNeilly, CEO of Metal Tiger (MTR), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

7 days ago | By Darren Atwater |

Video: Dr Doom, David Scott, presents imminent economic collapse at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Dr Doom, David Scott, presents imminent economic collapse. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

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6 days ago | By Malcolm Stacey |

Higher Hopes for the Man from the Pru

Hello Share Troopers. I’ve long been a fan of British insurance giants. They are a chance to invest in the fast-moving financial world without too much fear of heavy fines and compensation payments for mis-selling and so on. Though, of course, there is an element of that.

7 days ago | By Steve Moore |

ASA Resource – updates on cash “unaccounted for”...

Having yesterday reported that there is strong evidence of funds “amounting to several million US dollars” being transferred to entities in China without full value being received and that “analysis reveals that there is a pressing need for cash”, ASA Resource Group (ASA) states it now “provides further information on the group's cash position”

7 days ago | By Gary Newman |

Orosur looks under-valued as gold shows continued strength

Orosur Mining (OMI) certainly isn’t amongst the more popular resource stocks on AIM and trading volumes are often verging on non-existent, but I believe that many are missing an opportunity here as they go chasing rainbows with companies that are years away from production, assuming they ever actually get to that stage!

7 days ago | By Steve Moore & Tom Winnifrith |

Veltyco - fundraise and proposed acquisitions. Hmmm...but BUY

Veltyco (VLTY) has announced a €2.55 million subscription for new shares to fund two acquisitions which it argues represent “an exciting opportunity… to grow its business by building on existing online betting brands, using its expertise in online marketing combined with award winning sportsbook technology”

7 days ago | By Steve Moore |

Lombard Risk Management – emphasises ahead of expectations, but what about sustainable cash generation?

Lombard Risk Management (LRM) has updated that it anticipates exceeding analyst consensus expectations for its year ended 31st March 2017 and “remains confident” looking ahead. What’s that though expected to be “in the region of £2.4m to £2.8m”“Adjusted EBITDA”. Hmmm…

6 days ago | By Darren Atwater |

Video: Paul Atherley, MD of Berkeley Energia, presents at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Paul Atherley, Managing Director of Berkeley Energia (BKY), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

6 days ago | By Darren Atwater |

Video: Richard Poulden of Wishbone Gold presents at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Richard Poulden, CEO of Wishbone Gold (WSBN), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

6 days ago | By Darren Atwater |

Video: Colin Bird of Xtract Resources presents at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Colin Bird, Executive Chairman of Xtract Resources (XTR), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

20 hours ago | By ShareProphets |

The April edition of the UK Investor Magazine is live - UK Investor Show edition

The April edition of the UK Investor Show Magazine is live featuring Metal Tiger, BMR, Harley Investments, Action Hotels and much more.

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20 hours ago | By ShareProphets |

TODAY: Patience, patience, patience and yet more patience - that is the key to making money from shares

Making money from shares is simple. Well it should be. Buy cheap. Hold. Hold. Hold. Hold, and finally sell when the shares have delivered you big gains. Where so many folks go wrong is getting impatient and not being prepared to hold, hold, hold. Let us tell you about Symphony Environmental (SYM) which we tipped at a 6.75p offer just over three years ago. It did nothing for ages....

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20 hours ago | By Darren Atwater |

2 days ago | By Tom Winnifrith |

African Potash - the legal case for victims of the fraud almost underway

Before I call it a day I want to see the victims of the African Potash (AFPO) fraud get some of their money back, even if some of those victims were fairly beastly to me as I exposed the fraud. Friday's bombshell from Potash shows the game is up but the big frauds happened before this worthless enterprise was booted off AIM. To that end I have been working to help put together a legal action. That action is now almost underway and Peter Petyt, the man running things, wrote to more than 50 victims who have come forward at the weekend. If you lost money and want to try to get it back it is not too late to contact Peter. His letter & contact details follow.

2 days ago | By Darren Atwater |

Video: Paul Scott finds Nigel Wray's and Paul Mumford's investment strategies at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Paul Scott finds Nigel Wray's and Paul Mumford's investment strategies. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

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2 days ago | By David Scott |

You are hereby on notice as retail bubbles start to pop

Artificial political constructs never last. The EU is great for the “elites” in Brussels; not so much for the average citizen and the tragedy of monetary union is that Europe's political class has gone to extreme lengths to hold the euro together regardless of underlying economic logic. But this has only perpetuated and exacerbated the coming political crisis. "Monetary union has created a conflict between a centralised elite on the one hand, and the forces of democracy at the national level on the other. This is extraordinarily dangerous,” Mervyn King wrote in his recent book 'The End of Alchemy'. 

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24 hours ago | By Tom Winnifrith |

Hell's Teeth, does Peterhouse do any due diligence at all - meet the carbon spiv hooking up with African Potash?

As I flagged up over the weekend, in a desperate attempt to keep the fraud from becoming insolvent, African Potash (AFPO) has proposed a RTO of a company called Onshore Energy Limited, OEL. Lyin' Chris Cleverley Potash's boss is also a director and shareholder on OEL. But it gets worse. Much worse.

2 days ago | By Steve Moore |

WANdisco – record contract win & Q1 update offer some further encouragement, but…

I previously wrote on WANdisco (WAND) in January – ‘one quarter does not an investment make, but offers some encouragement for shareholders’. The following updates with the shares currently on the rise on the back of a “Significant customer win and Q1 update” announcement…

24 hours ago | By Tom Winnifrith & Steve Moore |

Stanley Gibbons – sells rare Indian stamps for record £500,000

Stanley Gibbons (SGI) has announced it “has sold one of the rarest pieces of Indian Philately to a private collector-investor in Australia for £500,000, the highest price ever paid for a single Indian philatelic item”.

20 hours ago | By Nigel Somerville, the Deputy Sheriff of AIM |

Filthy Forty Taihua – shares fall after GM approves delisting, but massive sudden surge today

ShareProphets AIM-China Filthy Forty play Taihua (TAIH) announced last Friday that the EGM called to approve the company’s proposed delisting from the AIM Casino had passed the proposals with the requisite majority. The shares are expected to depart the world’s most successful (but perhaps not for Taihua) growth market first thing on 8 May. In the wake of the announcement – at 4.15pm last Friday, bordering on no-one-is-watching o’clock - the shares again nose-dived, registering a new low of 0.1p on the bid yesterday, but all of a sudden the stock is on the rampage this morning. What is going on?

21 hours ago | By Nigel Somerville, the Deputy Sheriff of AIM |

Advanced Oncotherapy – more spoofery as NED buys yet more shares

AIM-listed Advanced Oncotherapy (AVO) – teetering on the brink of having to call an EGM to reduce its nominal share capital under the terms of its death-spiral funding package with Bracknor – has announced yet another director share purchase, the fourth just this month (if we ignore the botched 7am RNS of 4 April). As ever, this is just a spoof in order to encourage more buying in the market so as to allow Bracknor to offload more of its death-spiral conversion shares as Advanced hopes and prays for the next £1.235 million tranche of funding before the coffers run dry.

20 hours ago | By Tom Winnifrith |

African Potash –PKF Littlejohn LLP hang your head in shame

On 12 April 2017, the fraud that is African Potash (AFPO) announced a change of auditors from RSM UK Audit LLP to PKF Littlejohn LLP. One can understand why RSM UK Audit LLP might be keen to cease its relationship with a company with the frankly appalling track record of African Potash but how desperate does PKF Littlejohn LLP look in taking on African Potash as an audit client?

24 hours ago | By Pizza Hardman Darren Atwater |

Silver Reaching a Major Inflection Point – Investors Beware!

The COT report reveals the large paper short and long positions in silver. Currently it appears to be indicating a small downtrend in the silver market. In this week's Palisade podcast David Morgan discusses how silver markets move and how they can be pushed to the downside once investors run low on cash, as banks will short the market at opportune moments.

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2 days ago | By Steve Moore |

Goals Soccer Centres – admits preliminary merger discussions, but a golden opportunity?

Goals Soccer Centres (GOAL) has admitted “preliminary discussions with key rival Powerleague on “combining the two businesses”, though emphasises that is “but one of the strategic opportunities currently being assessed by the Goals board”

21 hours ago | By Steve Moore |

Blancco Technology – “Q3 Trading Update, Cash Flow Review and Funding”. Uh oh…

An announcement from Blancco Technology Group (BLTG) entitled “Q3 Trading Update, Cash Flow Review and Funding”. Hmmm, I’d guess it ain’t gonna be positive…

2 days ago | By Darren Atwater |

Winner of the Bulletin Board moron of the Week, sponsored by MoneySwap

Truly, there are no winners from the pool of Bulletin Board morons, only those who succeed in making our eyes roll the furthest.