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RBS

Prize Contest – None of you win even a 2-1 from Bath Spa University..but the good news

A few days ago I asked you to write an essay of no more than 150 words to answer a question from the Bath Spa University Banking & Finance course. A few of you tried as you can see here but I have good news and bad.

SFE

Safestyle UK – argues current “negative impact on short-term profitability” set to “deliver material benefit”… but is it?

Previously writing on windows and doors manufacturer and retailer Safestyle UK (SFE), with the shares around 66p I questioned how good really was its argued “delivered good progress”. The shares were rising towards 80p earlier this month, but are currently back to around 60p on the back of a trading update…

AFC
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AFC Energy, another spoof, the legal claim and the track record of shame

If you ask the bear community for its top 4 shorts on AIM certain companies seem to feature in almost every list….

AMGO
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The friendless company Amigo begs for a new owner

Just when you think a story has little more to give...it takes a turn so ludicrous that you cannot quite believe it.  Yes, forget soap operas, the financial markets have far more bonkers twists and turns.  For well over a year now I have warned you to avoid like the plague Amigo (AMGO) and even - a few weeks ago - noted the shabby tactics of the company's founder here who has made a fortune whilst customers and silly fund managers who bought the stock upon listing have lost a packet.  

FUTR
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MAJOR EXPOSE: The Future House built on sand - Part 1 overstated organic revenue growth

Future PLC (FUTR)  floated on AIM in June 1999, in the midst of the dotcom bubble. It listed at 385 pence per share, raising around £173 million, and valuing the company at £578 million. Within a year, its shares had risen by more than 100%. Within 2 years, its shares had fallen by almost 95% as its investments into new magazines and web sites failed to pay-off. While revenue jumped, it began to rack up losses.

VAST
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Vast Resources is shortable and should be shorted

There is borrow so don’t hold back. The market cap was £28 million at a 0.305p share price when this piece first appeared. The shares are now 0.285p but this could go all the way.

AFHP

Wealth Management Outfit Scorches Ahead as Demand Grows

Hello, Share Scrapers. Since I last commended wealth manager AFH Financial Group (AFHP) to your attention last year, the share price has risen by about 15%. Not that there wasn’t some toppling backward in that time. However, the shares soon recovered and have gone on to deliver a tasty profit. Numbers released a few days ago offered even more encouragement...

EUA
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New Bulletin Board Moron contest in honour of the savants who own Eurasia Mining

Last night I was flamed on twitter by a host of Eurasia Mining (EUA) investors, a group who made your average Versarien (VRS) investor look like a true multi brained genius. I kid you not. One wanted me to hire him as a journalist as he had posted a few comments on BBs about Eurasia and that, he thought, qualified him. Another said I couldn;t be a proper journalist if I did not interview Eurasia, preferably by flying to the Indaba coke and hooker fest. And so it went on. The fact that Eurasia lies to investors ahead of fund raises & abuses market rules in private chatrooms was dismissed as irrelevant. Anyhow this is a hint as to where to seek out a winning entry in this week's contest. What is the most moronic post you can find on the ADVFN, iii or LSE Asylums or on twitter? Entries should be posted in the comments section below with a deadline of midnight on Sunday 26th.

Bearcast
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Tom Winnifrith Bearcast: the battle of the devout Christian giants: Matt Lofgran vs Flip Flop Ben Turney. Praise be the Lord

All we need now is for Julie "Lingerie on expenses" Meyer to enter the bust up at Nostra Terra Oil & Gas (NTOG) and the holy row would be complete. This will be entertaining if, I suspect, utterly pointless. I also comment on Versarien (VRS) correcting a BB loon - and flag up that I have a major AIM expose of a high profile, shortable, stock going live tomorrow morning. I explain why it is so interesting. Now I am off to do a Woodlarks training walk. So far we have £6600 raised or pledged - don't be mean donate today HERE

Tom
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FREE Podcast: ShareProphets Radio Edition 22 with Tom Winnifrith on the subject of lying from the Daily Mail to five cited CEOs

There are no guests in this week's show which is sponsored by Open Orphan PLC (ORPH). It is just me once again sitting in the Welsh Hovel. As I note in the podcast the reason why I think Open Orphan is such a good company with undervalued shares is explained HERE. In part one I look at corporate lying citing a number of different examples and why some lies matter more than others, some are red flags but not killers others are investment case killers.  Then I offer up a number of macro reasons to be very cautious on all asset classes this year. Do not believe the idea that Bojo will usher in the roaring twenties. He got my vote but that is tosh..If you like this podcast and can't wait seven days for more of the same and are tired of being a cheapskate you should listen to my Bearcast every day.

ULVR
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In shares and life what matters is how you react

The next couple of weeks or so is peak earnings season for people such as myself who busy themselves with looking for opportunities across global equity markets.  Whilst many UK corporate names issue only a couple of meaty earnings updates a year, the average American, European or Asian company has a quarterly earnings cycle.  Thanks to the passage of time, I am less than two years away from racking up my one hundredth quarterly reporting period in what passes for my professional life and - during the last twenty three odd years - I have learnt that the key is how you react to numbers and not to focus on what they might say or even nominally if they have 'beaten' or 'missed'. 

Quiz

The ShareProphets Sunday Pub Quiz #21

This has nothing to do with shares or investing or anything. It's the end of the weekend and we've organised a quick pub quiz. Grab your own beer, there are no prizes, and for Pete's sake, no Googling! Only I get to do that. If you are so inclined, please enter your score in the comments. The highest score still won't get a prize.

FIN
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Finablr – A House of cards?

The Times suggests that Muddy Waters may be kicking itself for not shorting both London-listed stocks from the stable of Dr Bavaguthu Raghuram Shetty. Whist its short on NMC Health (NMC) may be doing well enough, Shetty’s other vehicle – Finablr (FIN) has been having a torrid time, with the shares halving since December. Finablr has only been on the market since last May, but scratch the surface and there are many questions which look like Red Flags to me jumping out.

Professor

Sunday Long Reads: Germany economy, Oliver Cromwell, Burgerim, Blood & Soil, American Psycho

Is there anything better than sitting back and reading a well-written article on a lazy Sunday? Every week ShareProphets features some long form journalism that you'll find of interest. Grab your cuppa and enjoy these five articles. 

RBS

Prize Contest: Get your 2:1 in Banking & Finance from Bath Spa University - a sample question

This should be easy, I invite you to answer the following question in fewer than 150 words. Bath Spa students need to find a safe space room if their human rights are breached by being asked to pen more than 150 words a term.  The deadline for entries is Sunday at midnight and the best entry wins a bottle of Greek Hovel 2019 olive Oil. This question is sponsored by Ms Alison Rose of RBS.

SUPP
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Link in the frame as the shadow of Neil Woodford still looms over his old Patient Capital fund

The shadow of disgraced fund manager Neil Woodford still overhangs the Woodford Patient Capital Trust (WPCT), now renamed Schroder UK Public Private Trust (SUPP), as a line in the sand approaches fast. Of course, the same applies to Link which still seems to be the formal fund manager which appears to have been happy to sign off on any old rubbish to bolster the fund’s official NAV.

Top-10
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Notes from Underground - Most read articles from the page week and I rant pointlessly about Craft Beer

Chris Bailey's article Has Fevertree (FEVR) completely lost its fizz? by Chris Bailey (spoiler alert: it's the top non-Tom story) made me think about the wider drinks industry.

POG
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Petropavlovsk – Q4 and FY 2019 update - gains now c100%+ so stock or twist?...

Petropavlovsk (POG) has updated on the final quarter and full-year 2019 and that it is “confident the company can significantly increase production to between 620koz to 720koz in the coming year, including treatment of third-party concentrates”

FOX
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Fox Marble – “block processing factory to double capacity due to strong demand”…- Light at the end of the tunnel at last?

Fox Marble (FOX) “is pleased to announce that as a result of rising client demand the company's factory at Lipjan in Kosovo has moved to two daily production shifts”

FEVR

Table of shorted AIM shares - week to 24/01/2020

From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2019 and thus far in 2020 (by net short position %, those in bold not on the list at the start of 2020) – and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...

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