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Latest News

US-Flag-Blonde

Boris and the American tech bimbo caption contest result

Yesterday I asked you to supply suitable captions to the picture below of our esteemed Prome Minister with a blond American tech entrepreneur to whose loss making joke businesses he gave vast amounts of taxpayers cash while Mayor of London. My own idea was Boris: “Give me credit guys at least  it's not Julie Meyer”.  There were many better entries as you can see HERE But the winner is:

BRY
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Bombshell Expose: Brady – material non disclosure as it seeks urgent funding

Following a dire sales and lack of profits warning on 21 August, AIM Casino listed software outfot Brady (BRY) has today served up interim results which are both piss poor and fundamentally misleading. Quite simply, as things stand, a reliable source tells me, the company will not be able to meet payroll in November. Worse still there has been  massive material non disclosure of the mess this company is in.

OSI

Osirium Technologies – why a lacklustre response to a “Substantial contract win” it’s “delighted” with?...

Osirium Technologies (OSI) is “delighted” with “a significant contract win with a major UK provider of software and IT services to the public sector. The contract represents a substantial expansion by this customer”. The shares are though currently back at 45.5p. Hmmm…

US-Flag-Blonde

Monday Caption Contest: Has Boris got a hot tip for you & is it Ugandan related edition?

What is it with British politicians and blond female US tech entrepreneurs who run companies that can't make a profit? Do your worst in the comments section below with a deadline of midnight (London not Kampala) time.

PURE
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The Penny Finally Drops at PureCircle

Back in March, I suggested that PWC might like to brush up on the definition of a “Current Asset” with regard to the huge levels of inventory carried by PureCircle (PURE) relative to its annual sales...

VRS
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Versarien – D day tomorrow at the Gloucester Rugby Club

In the days before his Nomad ticked him off for his ludicrous tweets, Neill Ricketts of Versarien (VRS) would have been on twitter like a maniac 24 hours ahead of the AGM telling folks of all the good news in store. Well tomorrow, in a dingy side room at Gloucester Rugby Club the faithful will gather for an AGM where Neill has promised big news from China. But has he got any?

MSYS

Microsaic Systems – argues “encouraged with the progress made in the first half”… so why are the shares slumping?

“Microsaic Systems plc (AIM: MSYS), the developer of point of need mass spectrometry instruments, is pleased to announce its unaudited interim results for the six months ended 30 June 2019”. The shares have currently responded to 1.15p – er, more than 25% lower!...

Bearcast
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Tom Winnifrith Bearcast: the folly of debt, Thomas Cook, Sirius, my local boozer & taxpayers cash

Capitalism has got itself into a mess by becoming addicted to debt. The answer is not more debt. That is lesson one of Thomas Cook (TCG). Those who blame the Government for not bailing it out, or Sirius (SXX) or my local boozer misunderstand how capitalism works. Folks have to lose money and jobs must be lost for all of us to prosper.

MKS
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Is it good or bad that M&S loses another CFO?

So the weekend press story that the Marks & Spencer (MKS) chief financial officer Humphrey Singer was set to resign has been confirmed this morning. Naturally it is all nice words ('I feel privileged to be a part of the challenging but hugely rewarding turnaround at Marks & Spencer') but let's face it, no CFO exits into the night if something is about to go hugely right – especially after some well-publicised tough times…

Atomic

Podcast: The value proposition for uranium is stronger than ever

Enrepreneur Jordan Trimble says the recent market pull-back has only improved the fundamentals for uranium. The sell-off is good for the sector as it has created a near term opportunity that investors should be watching.

Timebomb

Never mind your investments (pension in particular) being Brexit Proof...

This is very significant and cause for concern. Fed injects liquidity for 4th Day...

Malcolm-On-Motorcycle

Explaining Malcolm Stacey's absence

Fear not. The old coot is not, is not, as far as I know, dead.

YGEN
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Yourgene Health – new product launch, still a buy - 70% upside?

As expected, Yourgene Health (YGEN) has launched Elucigene DPYD at the Bionow Precision Medicine Conference in Manchester…

Bearcast
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Tom Winnifrith Bearcast: accusations of lying & deception fly - Peter Hargreaves of HL, Neil Woodford & Chris Frazer of Sirius

The accusations of lying, misleading ande of deception are flying thick and fast. I look at Peter Hargreaves of Hargreaves Lansdown (HL.) and his attempted hit job on Neil Woodford and at claims made by Chris Frazer. Frankly, he cannot be Sirius (SXX).

Quiz

The ShareProphets Sunday Pub Quiz #3

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.

FLX

Falanx – disappointing results but now looks set to benefit from the foundations it’s laid

Falanx (FLX) has announced results for its year ended 31st March 2019 and that its “sales pipeline continues to grow with our enhanced cyber security offering”

Professor

Sunday Long Reads: 737 Max, Red Bull murderer, Homeless in Liverpool, Butch Cassidy and the Sundance Kid, Greenland Football

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. 

BIFF
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Forget crossing the Atlantic by a yacht, go green by buying shares in Biffa

I do have a little sympathy with the green brigade because if you think about the essence of economics, it is all about the efficient and sustainable use of factors of production.  However, where even the financial world has gone mad is the rise and rise and rise of environmental, social and governance (ESG) investing, which has certainly overhung shares in sectors such as tobacco, energy and the automotive space globally.  And do not even get me started on green activists who do not want to fly on planes or start families until climate change issues are 'sorted'.  

Newsboy
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Notes from Underground - More fun with my favourite company, WeWork

In yesterday's Bearcast, Tom talked about some of the outlandish claims in this article covering my favourite company, We Work. WeWork (actually known as the We Company) is attempting to IPO in the US. Let me highllight some of choice bits of the article that Tom didn't get into.

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Oracle Power: Cynical Foul

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