Have I mentioned Quindell (QPP) yet today? You want more? Okay it gets a mention in the podcast as does Forte Energy and the whole issue of death spirals. The Horse Hill stocks are all mentioned as is Omega Diagnostics, the nature of bear markets and the importance of earnings visibility.
The Bulletin Board Morons insist that the calamitous share price decline at Quindell (QPP) is down to wicked shorters, me, the CIA etc. and point to the purchases of stock by the board. But folks you have been conned, let me reveal who has been selling aggressively (to you, you fools) and driving the share price down, it is the Country Club insiders.
Promotional products direct marketer, 4imprint (FOUR) has updated on revenue growth “ahead of management expectations” and “underpinning the board's expectation that the group will achieve a good result for the year as a whole”. The following reviews with the shares having currently responded more than 13% higher to 780p.
We have just re-released my bestselling book, the 49 Golden Rules of Making Money from Shares. I do not mean I outsell Louise Mensch, just that of my books it has been the biggest winner. Rules 25 deals with director share options, rule 26 with earnings visibility. We have 50 free copies of the book to hand out this month and you can get yours by filling in the form HERE.
This week’s rally extended yesterday but today the UK index is down. There is a good chance the rally is over. Sentiment is still bearish after a five-day rally.
I explained yesterday why Rob Terry of Quenron (QPP) was telling a total lie when saying that his Mobile Doctor’s operation is worth £140 million – as you can see HERE. Certain Bulletin Board Morons have offered Mr 2+2 can = 5 a “Get out of Jail card” on this one but let me explain why they are wrong and why Rob is still lying.
At about 3.30pm yesterday, Brokerman Dan revealed his exclusive scoop that Horse Hill was about to yield a commercial oil discovery. This triggered a mini-buying frenzy, which drove the share prices of the listed companies involved in Horse Hill much higher. As the most exposed Horse Hill play, UK Oil & Gas (UKOG) flew from 1.16p, to hit an intraday high of 1.7p, all within the last hour of trading! This morning, as a flurry of RNSs hit the market and the dust settled, it turned out that Dan’s figures were well off the mark. A commercial discovery hasn’t been announced (read the RNSs thoroughly for confirmation of this). Also, the current size of the discovery is “only” a preliminary estimate of 3.1million barrels of oil in place, not 15million to 20million barrels. In the ensuing sharp sell off, UK Oil & Gas is back down to 1.15p. Dan is likely to come in for criticism for his reporting of this event, but this is misguided. Here’s why.
All frauds eventually run out of other people's money and so it will be with Quenron (QPP). For it is a fraud as I explained in full detail in this video. So when will Quindell go tits up?
The Tesco (TSCO interim results have proved to be such a large dog’s breakfast of awfulness, that it is hard to know where to begin in attempting to describe and understand the situation.
Today I will take a quick look at the Horse Hill-1 Portland well result. Now I won't be scathing about Brokermandan, a fellow writer here on ShareProphets, but I don't think he has got this one right.
As you know I regard Paul Scott as the UK’s top share blogger. Not only is his analysis top notch but his turn of phrase is excellent. And he’s a nice guy as a bonus. As such I bring you a short post he made earlier on Quenron (QPP) and its joke interview with Shares Magazine. Top stuff Paul!
My observations recently on Rolls Royce (RR.) HERE concentrated on market valuation and value. I now add some further thoughts by way of explanation of what ‘headwinds’ faced the management at the interim stage as well as an assessment of the current share price based on a so called “technical” evaluation of the share price chart.
In a previous table highlighting those investment firms that had disclosed short positions in two or more of the stocks that have been covered bearishly on this website, we noted that investors may want to double check if they are on the other side of other trades of these seemingly shrewd investors. The following table offers a further indication why...
Hello Share Pounders. At the risk of sounding again like a soft goody goody (TW Note - perish the thought), I want to commend to you the warm feeling that can be achieved by investing in big pharma companies.
At the weekend I asked the FCA to investigate me for market abuse regarding Quindell as I reported here. Well what has happened so far?
Entrepreneurial AIM and Toronto counter Bacanora Minerals (BCN) has commissioned Canadian multi-national engineering consultancy Hatch to advise on its two key ventures in northern Mexico, the $140 million (£89 million) Sonora lithium project and the Magdalena borate project. Chairman Colin Orr-Ewing, who hopes if possible to have a feasibility study on at least one these projects out before the end of the year, stresses the significance of having Hatch, whose $35 billion of contracts include Aussie-listed Galaxy Resources’ lithium plant in China’s Jiangsu Province, to help achieve its goals.
A wide ranging podcast today covers themes general and specific: Northern Petroleum, Foxtons, UK house prices, Ultrasis, Quindell, Diamondcorp, political risk and South Africa, It will be different this time (it won't be), dead cat bounces and more
When you make a mistake the right thing to do is either fall on your sword and/or beg for forgiveness. Of course you can try and brazen it out too but I am glad that the Tesco (TSCO) Chairman has maintained a shred of dignity by expressing ‘profound regret’ at the accounting debacle that has enveloped the UK food business of the FTSE 100’s most struggling retailer. Clearing the senior executive and non-executive deck clear looks a radical move but it is the only way to move on.
Rob Terry of Quenron (QPP) is today once again exposed as a liar of monumental proportions. Even the money-grabbing leeches round at Nomad Cenkos should by now be considering their position as I expose today’s £140 million lie told by Mr 2+2 can = 5.
Software and IT services group specialising in multi-channel retail and manufacturing markets in the UK and Ireland, Sanderson (SND) has updated that “the trading results for the year ended 30 September 2014 are in line with market expectations” and that a “strong order book provides the board with a reasonable level of confidence, at this early stage of the new financial year ending 30 September 2015, that the group will make further progress”. The following updates after I reviewed in August whether this was getting interesting following a share price slide.
The May edition of the UK Investor Show Magazine is live featuring three share tips from Gary Newman, the Greek meltown is worse than everyone thinks, and the EU is not fit for purpose plus a photofeature from the 2017 UK Investor Show.
The busting of a placing by AIM-listed UK Oil and Gas (UKOG) at 1p by Tom Winnifrith has caused a bit of controversy. It is not the first time he has been accused of being irresponsible by blowing the lid on a placing only for it to be pulled or the price dropped. Anyone left holding the baby gets their fingers burned – in the recent example quite badly if they had been buying into the ramp at north of 1.4p only to see the company raise cash at just 0.8p. Is it right?
The nauseating Mail on Sunday fawned upon Pippa Middleton and her ghastly family as they celebrated the "wedding of the Year". Bring on the revolution! But perhaps the real wedding of the year should be between our two very own in-house Bulletin Board Morons GrannySnuffs & Wildes who seem made for each other. can you find examples on the LSE Asylum, iii, ADVFN or twitter of comments more idiotic than those of our own dream team? If so post in the comments section below, the deadline is midnight Sunday 28th May.
Having bought itself some time by declaring an initial sack-the-board General Meeting requisition “invalid” (a revised, valid requisition announced by it at an attempted ‘no one watching o’clock’, 5:15 pm, on Friday), Infrastrata (INFA) has this afternoon made a “Review of stategic options & project update” announcement...
AIM-listed travel agent and wannabe Greek holiday resort developer Minoan (MIN) announced a small bolt-on acquisition this morning….and a placing. Oh, and an update on its debt facility due to expire at the end of June. It is disappointing to see a placing (at 9p), but in the general scheme of things it is a relatively small amount so the pill is sugared to some extent.
It was a keen competition this week. But we have found a winner.
Take a look! European investors are clearly failing to grasp the very significant financial and commercial benefits available for Orphan or Rare Disease drug developers. So much so in fact, that sector-focussed Amryt Pharma (AMYT) finds no quoted peers in London, yet a good basket of NASDAQ-listed comparables are seen to command a significant premium despite mostly being pre-revenue and somewhat earlier in their development. Such anomalies can and, of course, do rapidly correct.
Any reader of my pieces will know I hold Challenger Acquisitions (CHAL) in pretty low regard but the outrageous ramping that has now gone on for the last four trading days is an absolute disgrace and the FCA should take a look. I’ll explain.
I have already covered the dire financials of Eden Research that indicate it is just months from trading whilst insolvent as well as its panning by the Financial Reporting Council (FRC) - in response to my urgings. Now to today's monstrous half truths - I am perhaps being 50% too charitable in that description.
Eden Research (EDEN) has today published godawful results and admitted that my very good friends at the Financial Reporting Council (FRC) investigated it - after I requested such an investigation - and have forced it to restate past numbers. It claims that the FRC has now settled all matters. Au contraire. that is another lie from the fraudsters and there are many more porkies in this statement. Truly, the pants of shamed PR Paul Queenie McManus of Walbrook will be cinders and ash after this effort. This all came out as Eden published Godawful numbers for calendar 2016.
The sold-out success that was the 1st April 2017 UK Investor Show again saw five 'Dragon's Den' sessions where a number of CEOs each gave a pitch and three Dragons each picked one stock for a £1,000 investment. How are they faring so far?...
With some great investigative journalism of which this website would have been proud, Brokerman Dan flushed it out a few weeks ago. The former bank robber - correctly - stated that Andalas (ADL) was looking to raise £1 million at 0.06p and the AIM listed crock of shit suspended its shares. Today they are unsuspended after the company raised £600,000 at 0.1p. It says this is at a premium to the suspension price. But it is a spoof, Andalas is still bust. It is insolvent as of today!
Malcolm Stacey is old enough to know about King Canute. In fact he is so old that he was there as a boy when the King sat in his chair on the beach and attempted to turn back the tide. Malcolm surely you remember the day as if it was yesterday? In which case why do you forget this valuable lesson when it comes to Inmarsat (ISAT) and your article today in which you misquote me and get it wrong in so many other ways.
"A credit crunch is brewing and when it happens, the UK is going to get hurt." These are not my words but the start of the Editorial in this weekend’s Guardian. The article then went on to say "That is the message emerging from senior executives in the financial services industry, who do not think Britain has changed that much since the 2008 credit disaster and the devastating crash that followed. Three developments lie at the heart of this disturbing analysis: spectacular growth in the sale of second mortgages, car loans and credit cards." I would heartily agree with these comments as this is my experience too. But what the article fails to say is that the UK is not alone in this debt bubble - once more it is a Global issue.
Hello Share Scoopers. There have been quite a few occasions now that I’ve commended a Footsie satellite company to your attention. On each mention, as I recall, the share grew in value. However, last year the shares took a big knock.
One of the most fascinating scenes I’ve seen for some time is the sight of Big Donald jigging around with some sort of weird entertainment put on by the Saudi’s for the President's visit. It almost made me forget the big benefit of this amiable state visit on share shifters like us. And that of course is that the President’s friendly reception sent the oil price up.
An announcement from Corero Network Security (CNS) with a headline “Corero Tier 1 Internet service provider customer GTT Communications, Inc. launches DDoS Mitigation service”. Then “further to the announcement on 19 April 2017 regarding a Global Tier 1 Internet service provider customer win… announces that the customer, GTT Communications, Inc. (NYSE: GTT), has launched its DDoS Mitigation service”. “Global Tier 1” now hey! And you what? The contract win has already been announced? Ramptastic…
Together Robert Sutherland Smith and Tom Winnifrith have now been working in finance for 71 years - the last ten or so together. Tom wishes to stress that RSS accounts for most of that, the great value investor starting his City career at the Unilever Pension Fund the year before Tom was born. In this book they outline 71 tricks of the trade for making money from shares.
Get the first ShareProphets Pocket Guide ebook, EIS - Buying shares with numerous tax breaks. Want to cut your income tax bill, get loss relief if your AIM listed shares go down, pay no CGT, avoid IHT - EIS could be the way and this book explains how.
Most investment books seem to be large enough to keep the front door open and while some contain gems it is hard to find them amid the verbiage. The aim here is to produce a short guide which simply cuts to the chase. I hope that it will provide food for thought for everyone from beginner to expert but whoever you are it should be quick and easy to read and digest.
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