Healthcare and consumer strategic marketing group, Cello (CLL) has announced results for the first half of the 2014 calendar year and that it “is confident that current full year expectations will be met”. Having identified value HERE at 54p, the following reviews with the shares currently at 93.5p.
Okay its time for the Bulletin Board Morons to apologise to me YET AGAIN – today’s victory is Monitise (MONI), shares in which have crashed to 31p as Visa has said that it wants out. My 10p target price stands.
Yesterday evening I was doing a bit of frigana chopping at the Greek Hovel and I heard a rustling in the bush I was approaching. I know enough by now to realise what was making the noise and beat a hasty retreat. But the stench of corruption on AIM tells me where the real snakes operate. It is a cesspit for crooks and crony capitalists who systematically transfer wealth from the many (mug investors) to the few (themselves). I have had enough of this for one day and am heading back to the fields to face real snakes. They are less loathsome. There is a solution but the London Stock Exchange does nothing. It is guilty of abetting financial crime by its inaction.
Advanced Computer Software (ASW) has issued a trading statement stating that it “expects to report first half results in line with the management's expectations” and considers that it has “a very strong platform for long term sustainable growth, both organically and through acquisitions”. Well done Vin Murria, the best CEO I the sector by a mile, who I saw shortly before leaving England and who never lets her investors down..
Sam Antar was at the heart of the biggest fraud on Wall Street of the 1980s – he was FD of Crazy Eddies. But he plea bargained, escaped jail and has endeavoured to set amends ever since by expositing corporate fraud, accounting wrongdoing and by assisting the SEC in fraud busting. He is THE big daddy of fraud exposure, if he goes after someone it makes my efforts or those of Gotham City seem like those of kids in the park. And yesterday he tweeted to a certain well known AIM Casino listed British company.
Eric Sprott the founder of Sprott Asset Management is perhaps the best known resource investor on earth. He says that he now has 80% of his portfolio in precious metals because the economy is just in a very bad place. It is just that people do not realise it yet so shares, cash in the bank is duff money. Sprott says you should but gold NOW because “when people finally decide they want to buy gold, there probably won’t be any gold.” So asked what he is buying and why Sprott said in a recent interview:
Leading global supplier of advanced wafer products and services to the semiconductor industry, IQE (IQE) has announced results for a first half of the 2014 calendar year impacted by “a significant inventory correction in the wireless industry and the translational effect of a strengthening of the sterling exchange rate against the US Dollar”, though adding that “destocking was concluded during Q2 and customers are forecasting an upbeat second half”.
I do hope that someone round at Daniel Stewart, Nomad and Broker to AIM listed China fraud Naibu (NBU) has learned to read Chinese since the crony capitalists FAILED to do adequate due diligence on this POS before it listed. Because I have a little press cutting for you chaps from 2008. If you are not too busy spending the £600,000 you have made in fees from Naibu in the past 18 months you need to read it and then resign at once as Nomad and broker and have the shares suspended. This is a bombshell.
Commenting on the announcement of a bid approach for iomart Group plc (IOM) I concluded that ‘the price action suggests that shares in iomart would materially drop back on a takeover agreement not now being reached and, whilst the long-term investor may be content to hold, those with a shorter-term horizon should be cognisant that a financial interest here currently looks to effectively be a bet on whether or not a takeover can be agreed’. The following updates with the offer talks now terminated and the shares, having been over 280p, currently trading at 226p.
This is not my dynamite revelation, I merely set the scene…China fraud Naibu (NBU) floated on the AIM casino in May 2012 at 124p. The shares are now 19.5p. So UK shareholders have lost 5/6 of their cash in less than 18 months. So who are the winners from this farce? Well let me introduce to its Nomad and broker Daniel Stewart. This will appall you and perhaps explains why Daniel Cesspit (which also floated Quenron) is trying not to resign.
Hello Share Snatchers: I’ve called my bookie to bet on a ‘no’ vote for the big Scottish referendum. So you see I am biased.
I hope that Daniel Stewart and upper class twit PR buffoons Abchurch Communications have enjoyed spending the vast fees they have earned in assisting China fraud Naibu (NBU) to list on the AIM Cesspit. And I hope AIM Regulation are ready because at 7 AM the Sheriff of AIM will be breaking news which MUST result in a share suspension if the Casino is to retain any credibility. It is Gotcha time for these bad guys and then we can start moving onto Camkids (CAMK) and China Chaintek (CTEK). Oh.....
Shares in Naibu (NBU) have slumped another 10% today to just 21.5p. The company is an out and out fraud and it is only a matter of time before the shares are suspended. If it had a smidgeon of integrity, its Nomad and Broker Daniel Stewart (which likes acting for China frauds on the AIM Casino and also listed Quenron) would resign. But it seems that the greedy ethics free crony capitalist bastards at Daniel Stewart would rather keep banking fat monthly retainers.
Dave Reeves, managing director of manganese and iron ore hopeful Ferrex (FRX), says he is looking for ‘cornerstone investors’. He wants them to back the AIM-quoted company’s plan for a ‘low-cost’ manganese mine in the West African republic of Togo and a smelter to produce a high-carbon ferromanganese alloy from this and other material.
Royal Mail (RMG) shares are trading at 419p with a yield of 3.17% and a PE of 3.25. Royal Mail is known throughout the UK as a ‘universal service’ provider of letters and parcels.
Owner, developer and asset manager of branded economy and midscale hotels in the Middle East and Australia, Action Hotels (AHCG) has announced its results for the first half of the 2014 calendar year and that it is “in advanced discussions on a number of potential new hotel opportunities”.
The most spectacular fraud of the 1980s in the USA was Crazy Eddie’s - an electrical retailer. It was a fraud from start to finish and the FD was Sam Antar. He plea bargained and has since seen the light and become an amazing campaigner and exposer of corporate fraud. And he explains exactly how he engaged in mammoth fraud at Crazy’s.
Mobile money technology platforms and services company Monitise (MONI) has announced results for its year ended 30th June 2014 and a “confident outlook”. Is this though still discounted in a share price which has fallen from 80p earlier this year to a current 43.5p?
The markets in the first half of September have certainly been interesting. After bouncing back 0.41% in August, the U.S. Comex gold futures have tumbled 3.95% to $1,235.70 month-to-date while the Dollar Index has surged 1.6% this month to 84.074 as of 16 September.
The recent passing of its interim dividend by Naibu (NBU), which would have involved an outlay of £600,000 against claimed profits of £20 million and claimed net cash of £30 million has prompted accusations of fraud and skull doggery at the Chinese sports shoemaker and put the spotlight on other China frauds that might be lurking on AIM.
The April edition of the UK Investor Show Magazine is live featuring Metal Tiger, BMR, Harley Investments, Action Hotels and much more.
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....
This week's contest is graciously sponsored by African Potash, AIM, NEX, Chris Cleverly vehicle that is bound to hit the stratosphere.*
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.
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.
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'.
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.
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…
Yesterday we wandered through the first page of search results on the OpenCorporates.com website to look at the record of AIM-listed Advanced Oncotherapy (AVO) Executive Chairman Dr Michael Jeffrey Sinclair. There are rather a lot – here comes page 2.
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”.
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?
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.
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?
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.
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”…
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…
Truly, there are no winners from the pool of Bulletin Board morons, only those who succeed in making our eyes roll the furthest.
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.
Search ShareProphets |
Stock market news |
Recent Comments |