ShareProphets

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


20 September 2014, 15:57 | By ShareProphets |

Tip of the week update: Premaitha 40% ahead after 2 weeks – to double from here by Christmas

AIM listed Premaitha (NIPT)  was our share tip of the week two weeks ago at 10.75p – the shares are now 15.75p but are still a buy from here – we expect them to double by Christmas.

20 September 2014, 05:07 | By ShareProphets |

Gold Juniors leading the gold price - a sign that recovery underway? The TA perspective

Our pals at Palisade Capital, employer of the mining guru Amanda Van Dyke, serve up a weekly podcast with Jordan Roy-Byrne. Since he is a chartist we ignore him normally but his podcast this week looking at gold juniors vs physical gold, both now and back in 2010 and 2011 is fascinating stuff for we gold bugs. As such we are happy to give it a wider airing.

.

20 September 2014, 04:55 | By Tom Winnifrith |

Alibaba – Reader Poll – POS or a Must own stock

Shares in Alibaba have raced ahead since its IPO and the Chinese internet giant ( which could not get a HK listing away so is US listed is now valued at more than Wal-Mart. Are you temped or compelled to get on board? Personally I think the valuation is insane and am not wild about Chinese stocks in general. But what do you think? The deadline for voting is midnight Sunday and you can vote only once unless you are from Glasgow where it appears multiple voting is par for the course.

.

20 September 2014, 04:43 | By Tom Winnifrith |

Memo to Rob Terry of Quindell – You should have a chat with the King of fraud Sam Antar

It was 5 AM in the morning one day last week before I finally got to have a good long chat with Sam Antar, the FD behind one of the biggest Wall Street frauds of the 1980s, Crazy Eddies. Poacher turned gamekeeper, Sam now busts white collar crime and is an SEC whistleblower. He also blogs and tweets in a most amusing way. Have a look at www.whitecollarfraud.com  @samantar – naturally enough we discussed – at great length – Quenron (QPP).

20 September 2014, 03:59 | By Robert Tyerman |

Eurasia prepares for production

As managing director of a company which has lost 99% of its stockmarket value in 18 years, Irish mining entrepreneur Christian Schaffalitzky is cheerfully upbeat about prospects as AIM dog Eurasia Mining (EUA) prepares to take its Urals Alluvial Platinum (UAP) project in western Russia into production, at long last, next year. The company, whose shares have crumbled from a 1996 float price of 310p to a barely visible 0.58p now, is also looking for partners to develop another, larger Russian palladium and platinum project at Kola, south of Murmansk near the Finnish border.

20 September 2014, 03:48 | By Steve Moore |

BrainJuicer Group – positive in interims, but value already squeezed out of the shares?

International market research group, BrainJuicer (BJU) has announced results for the first half of the 2014 calendar year and that it believes it is “on track to meet market profit expectations for the full year”. With the shares having though been squeezed lower, to a current 430p, capitalising the company at £54.3 million, is there value here?

20 September 2014, 03:45 | By Malcolm Stacey |

The Highlands, the Lowands and Braw Bricht Penny Shares.

Hello Share Laddies and Lasses. Well, it’s been an exciting week on the old share front and no mistake! Personally, I had a few penny shares hit the gravy trail, after months of waiting. I expect you had some cheap winners, too.

.

19 September 2014, 19:50 | By Tom Winnifrith |

If you think I am right wing meet Robin Woodbine Parish – El Oro Annual Results

Investment Company El Oro Ltd (ELX) was set up by the war hero Major Woodbine Parish. He used to use his results statements to berate the IC for rating his company’s shares as a sell in 1953, noting their outperformance each year in the 40 years that followed, to plug his war memoirs and to launch a phenomenally right wing rant. El Oro is now run by his son “young Robin” who takes after his old man with a storming results statement today. This man makes me look like a Guardian reading, Islington mad lefty.  I can’t say I agree with him on everything but he is unique, a true character... Read on…

19 September 2014, 19:32 | By ShareProphets |

Horse Hill a 20% COS say the bears - Mr David Lenigas explains why that made up number is bollocks

Bears of the Horse Hill Oil stocks keep insisting that the well has a 20% COS. Where, a reader asks, does this number come from?  Er… the bears. We put this to Mr David Lenigas this morning who appears to disagree with this assessment. His (diplomatic) response was: 

19 September 2014, 18:58 | By Steve Moore |

Jockland based IndigoVision Group – results: good value on offer

Edinburgh-headquartered designer and manufacturer of video security systems for large scale and complex security installations, IndigoVision (IND) has announced results for the twelve months to 31st July 2014 and that it “seems likely that the excellent progress in the last twelve months has been the beginning of a more sustained period of growth”. Is this discounted in the current 472.5p share price?

19 September 2014, 13:25 | By Tom Winnifrith |

Horse Hill – The rig is drilling and we are off!

And so the formal announcement is out: The Horse Hill starting pistol has really been fired. How long do you have to wait for news? Not long!

19 September 2014, 10:37 | By Tom Winnifrith |

Plastics Capital - average down/buy on the trading update

Niche plastics products group Plastics Capital (PLA) has updated investors that it “is trading broadly in line with market expectations” and “anticipate another year of reasonable progress”. The detail has though impacted the share price.

19 September 2014, 10:32 | By Robert Sutherland Smith |

AB Foods at 2649p after the 12% fall from the July peak of 3156p, buy sell or hold?

Back in January I was enticed into making a value call on AB Foods(ABF) versus Next (NXT), coming to the conclusion  that Next, which does not have a sugar business, looked the better value on what  looked like a less excitable more restrained valuation. I now note that the gap between AB and Next has narrowed to about the narrowest it has been for a year.  

19 September 2014, 09:59 | By Tom Winnifrith |

No vote in #Indyref is a disaster for BOTH England and Scotland

At an emotional level I am sorry to see that my Celtic Cousins in the Greece of the North have not voted for a Scottish Free State.  But this prediction of disaster both sides of the border is based on economics and not emotion. I suggest that those Unionists celebrating ponder life in Quebec and think again. Like Proud Edward’s Army. 

.

19 September 2014, 09:19 | By HotStockRockets |

Inspirit – Busy day & more to come: Buy

Yesterday started not so well with an announcement that Inspirit (INSP) was to issue 3,398,056 new shares for professional fees. That normally means a company is low on cash – not good. But Inspirit is cashed up. The company tells us this is a contractually agreed deal with the scumbag Nomad which can elect to take half its fees in shares.

19 September 2014, 09:19 | By Steve Moore |

eg solutions – positive interims, but already in the share price?

AIM listed, Back office workforce optimisation software company, eg solutions (EGS) has announced results for the six months ended 31st July 2014 and that “trading in the two months since the half year end has continued to be positive and the company remains confident of achieving market expectations for the full year”. Is this though discounted in a share price now approaching 80p having been sub 55p as recently as last month?

19 September 2014, 09:15 | By Robert Tyerman |

Thor Mining boosts exploration drive

Tungsten and molybdenum play Thor Mining (THR) is poised for a busy autumn, after sealing its $1.675 million (£1 million) all-share takeover deal for the Pilot Mountain tungsten project in Nevada, as it also awaits an updated feasibility study on its flagship Molyhill tungsten and molybdenum project in Australia’s Northern Territory. Provided shareholders of Pilot Mountain’s vendor, Black Fire Minerals, approve the takeover next month, AIM-quoted Thor will start work establishing a resource at Pilot Mountain, having by then possibly added as much as 36 per cent more tungsten and 60 per cent more molybdenum to Molyhil’s present ore reserve Down Under of three million tonnes with 0.31 per cent tungsten W03 and 0.12 per cent molybdenum.

19 September 2014, 09:00 | By Steve Moore |

Monitise plc – responds to Visa getting set to walk as shares slump

Having earlier this week remained bearish on mobile money technology platforms and services company Monitise (MONI), the shares have further crashed on the back of an announcement from current 5.5% shareholder and strategic partner Visa Inc. that it is “considering its options with regard to its Monitise stake… and has engaged J.P. Morgan Securities Plc to assist” and “intends to continue increasing its investment in its own in-house capabilities and, as a result, reducing its use of external resources”. With Monitise having responded to Visa’s announcement am I changing tune? Er...

19 September 2014, 08:55 | By Malcolm Stacey |

The Magic Maths of Penny Shares.

Hello Share twitchers. I love trading penny shares. In and out, in and out, that’s the way to do it. Of course, the normally big spreads are a nuisance. But the rewards when a penny hits the red hot trail can be stunning.

18 September 2014, 19:47 | By Mark Howitt |

The Concept of High Yield. How Effective is it?

Since I had a strategy for investing, I have adopted the ‘High Yield’ approach to buying shares. In a nutshell, this strategy states that you should buy shares with a yield higher than average for the FTSE 100, if possible with a low PE ratio, the dividend well covered and debt as low as possible.  Does it work?

.

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.

.

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.

.

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.

.

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.

.

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....

.

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.

.

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'. 

.

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.

.

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.