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Tom Winnifrith Bearcast: My local Tory MP in Wrexham has gone too far - she is utterly infuriating
The latest tweet from my local Tories just pushes me too far. These folks live on another planet. I start by discussing the tweet below and why it makes me so angry. The bosses at Escape Hunt (ESC) should be, like Sarah Atherton MP (Con), be sent to the gulags of Merthyr Tydfil and I explain why. I look at UK Oil & Gas (UKOG), Red Rock Resources (RRR), Power Metal Resources (POW) and Versarien (VRS) ahead of next Tuesday.
- By Tom Winnifrith |
- 24 June 2020, 15:29 |
AIMopoly not as funny as Wokeopoly but well presented
There are some good jokes in the latest spoof version of Monopoly. It is not as good as Wokeopoly and the references to ShareProphets and the Greek Hovel I do not quite understand, but it is very well presented. Enjoy.
- By Tom Winnifrith |
- 24 June 2020, 15:20 |
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LoopUp Group – “expect to exceed revised market expectations” AGM update… but what does that mean re. the valuation?...
LoopUp Group (LOOP) has updated including that it “has continued to trade materially above pre Covid-19 levels… expect to exceed revised market expectations in terms of revenue, EBITDA and cash generation for the current financial year”. Sounds good...
- By Steve Moore |
- 24 June 2020, 14:54 |
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i3 Energy looks likely to survive if its acquisitions go ahead, but at what cost to existing shareholders?
I had been wondering when further news would come from i3 Energy (I3E) and these week two significant RNSs dropped on the same morning, which ultimately led to shares being suspended for the foreseeable future.
- By Gary Newman |
- 24 June 2020, 14:22 |
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Avacta: more non news on the Covid horse that has already bolted ahead of more spiv selling tomorrow
With shares in Avacta (AVCT) ludicrously overvalued at 138p the company rightly fears that when the second tranche of stock from the recent placing at 120p is admitted to the AIM Casino tomorrow there will be a line of folks wanting to flip. What to do? Of course, get your evil morally bankrupt PR spinners at Yellow Jersey to issue complete non news and make it sound exciting. Heck Yellow Jersey managed to persuade suckers to pile into mega and obvious fraud Frontera (FRR) so they can push any shite uphill. For a while at least.
- By Tom Winnifrith, The Sheriff of AIM |
- 24 June 2020, 12:34 |
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Escape Hunt – again “pleased to announce”… but about that senior management “pay reduction”...
‘Escape rooms’ leisure company Escape Hunt (ESC) “is pleased to announce that it has launched remote versions of its most popular 5* rated escape room experiences Doctor Who: Worlds Collide and The Fourth Samurai via remote platforms” – and the shares have currently responded to 9.75p, more than 18% higher...
- By Steve Moore |
- 24 June 2020, 12:34 |
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Julie “Lingerie on Expenses” Meyer & Malta – it’s a wrap says the regulator as it lists (some of) her crimes
Not all of them, of course. The regulator, on this occasion, is not concerned with the unpaid wages, the unpaid payroll taxes, the criminal charges laid against Meyer and her failure to appear in Court when summonsed. As ever, it appears that while Meyer boasted how her Maltese operations were hugely profitable and had massive asset backing, for some reason, there was never any cash to pay even small bills. But it is not that which the MFSA has opined upon.
- By Tom Winnifrith |
- 24 June 2020, 11:22 |
Tesco Seems to Be Benefitting from the Lockdown - But Is It?
Hello, Share Tickers. Tesco (TSCO) has turned in some encouraging news but I still feel uneasy about my bunch of shares. The main reason is prosaic – I continue to be shocked at the difference in the bill size between Tesco and my supermarket of choice, Aldi. Why can’t the home-grown supermarkets compete with the prices at Aldi and Lidl? I sometimes see Tesco and Sainsbury (SBRY) to be rather short of customers whereas Aldi is often buzzing. The sturdier queues in my part of the world at least are noticeable...
- By Malcolm Stacey |
- 24 June 2020, 09:24 |
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ShareProphets China AIM 'Filthy Forty' performance update – after Walcom finally suspended yesterday, a next already set to fall?...
We updated yesterday as Walcom Group (WALG) Nomad Allenby Capital finally seemed to have had enough of the farce of a non-arriving loan… and “resigned… with immediate effect”. Now a next already set to fall?...
- By ShareProphets |
- 23 June 2020, 18:15 |
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Tom Winnifrith Bearcast: Julie "Lingerie on Expenses" Meyer and Drive software masterclass in red flags & aggressive accounting
Julie is back and since she seeks press coverage and is also seeking investment into a new great British Company she is, in my view, fair game for comment. No doubt she will accuse me of misogony, obsession and try to get the fine upstanding lawyers she shares with Prince Andrew to harass me (remember what happened last time Julie!) but what follows is a case study in red flag spotting and how to read through aggressive and unusual accounts.
- By Tom Winnifrith |
- 23 June 2020, 17:51 |
Live Company Group – 2019 “transformational”?, 2020…
Brick model events and shows group Live Company (LVCG) has announced results, stating “the year ended 31 December 2019, has, once again, been a transformational one for the group” and “whilst the COVID-19 pandemic has meant that many of the 2020 tours have been postponed, we have seen significant inbound enquiry from Business Improvement Districts (BIDs) for the second half of 2020 and expect additional enquiries as BIDs look to increase footfall and support local business recovery”. The shares are though lower, at 13p...
- By Steve Moore |
- 23 June 2020, 17:25 |
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KEFI Minerals – reduced Tulu Kapi project funding requirement, remains a buy
KEFI Minerals (KEFI) has updated that the joint venture company Tulu Kapi Gold Mines Share “has now signed off all capital expenditure, operating and financing requirements as the final 2020 Tulu Kapi plan. These detailed and comprehensive project updates and revisions were within expectations and show a reduced overall project funding requirement”...
- By HotStockRockets |
- 23 June 2020, 15:18 |
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The Intu parrot must be a late parrot, it will be bereft of life, it will be an ex parrot – when will investors realise this?
Another day and another RNS from Intu (INTU) and yet again the shares move little although the release makes it abundantly clear that investors are going to lose everything. Just how many warnings do you need. And if I was a shareholder or a creditor one thing that would utterly infuriate me is that….
- By Tom Winnifrith |
- 23 June 2020, 15:06 |
Trackwise Designs – 2019 results; recent fundraising “provision of growth working capital”… or keep-the-lights on funds?...
Previously writing on self-styled “a leading provider of specialist products using printed circuit technology” Trackwise Designs (TWD), in March I concluded I note the “supported by existing and new institutional shareholders” at 80p per share; also comparing to even a last-close 88.5p. “The provision of growth working capital” or keep-the-lights on funds with the attempted cover of an acquisition? The 2019 results statement will be interesting. Certainly at this juncture, my stance remains bargepole/sell. Now the 2019 results statement...
- By Steve Moore |
- 23 June 2020, 15:01 |
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Julie “Lingerie on Expenses” Meyer makes a Comeback, Full Steam ahead at Drive Solutions where Tesla meets Fitbit
The FCA investigation into her antics at Ariadne Capital continues but there is no stopping Julie “Lingerie on expenses” Meyer who is now seeking to dominate the world of fleet logistics. A gushing interview in that must read publication Fleet News tells her exciting story, or rather does not.
- By Tom Winnifrith |
- 23 June 2020, 12:29 |
Shoe Zone – interims, “the impact is likely to continue to be felt for several years”...
UK and Ireland value footwear retailer Shoe Zone (SHOE) “is pleased to announce its interim results for the six months to 4 April 2020”, and the shares have responded to around 84.5p… 3.5% lower...
- By Steve Moore |
- 23 June 2020, 12:29 |
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Good to see Cranswick worrying about Brexit as much as Covid-19...
It really is a crazy time. I see the management of Intu Properties (INTU) has admitted the company is close to administration as a standstill agreement remains illusive. Logically (not!), the shares are little changed as I write. You know my view on this one: a zombie at best, as noted earlier in the month. But the dog known as Intu is not what I really want to write about today. I believe I am correct in saying that nobody here - not even Malcolm - has written about Cranswick (CWK)...
- By Chris Bailey |
- 23 June 2020, 11:15 |
Here's a Fund which Does It Differently and seems Worth a Look
Hello, Share Kickers. Normally I avoid shares in income funds as I prefer to make my own choices. But I rather like the look of the Sequoia Economic Infrastructure Income Fund (SEQI)...
- By Malcolm Stacey |
- 23 June 2020, 09:19 |
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ShareProphets China AIM 'Filthy Forty' performance update – Walcom (finally!) suspended edition
Nigel Somerville - the Deputy Sheriff of AIM - is currently conducting the ShareProphets national anthem as Walcom Group (WALG) Nomad Allenby Capital finally seems to have had enough of the farce of a non-arriving loan… and has “resigned… with immediate effect”. As Nigel enjoys an ouzo, how’s the ShareProphets China AIM 'Filthy Forty' looking now?...
- By ShareProphets |
- 22 June 2020, 17:36 |
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Tom Winnifrith Bearcast: the answer to too much debt cannot be even more debt
I start with two points of order on my next premium podcast (out later tonight) and on July 18 ( more details tomorrow). Then I look at Walcom (WALG) and lessons learned, Tomco (TOM) and lessons not being learned as who gives a flying wotsit about criminality on AIM, and at Cineworld (CINE) where there are four reasons to stay short.
- By Tom Winnifrith |
- 22 June 2020, 17:18 |