ShareProphets

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


14 May 2013, 08:34 | By Tom Winnifrith |

Gulf Keystone – The Short Term Bull Case & a Prize Competition for Gulf Bulls

I am by nature a sceptic. In terms of Gulf Keystone that instinct is increased by three factors. But in the interests of balance since none of the other 18 writers on this website is prepared to consider the possibility that Gulf shares could go up from here, I offer up a short term bull case for the stock at 129p.

13 May 2013, 18:45 | By Tom Winnifrith |

Quindell Portfolio – Reaction to statement from Evil & myself

Quindell Portfolio has yet again put out a statement saying that there is no reason for its share price tanking other than wicked shorters and the press getting it wrong. Sorry fellows here is a good reason “you do not fxxxxxg well answer valid questions.”

13 May 2013, 18:17 | By Steven Moore |

Ortac Resources - directors buying shares in the face of legal, political and funding-to-production uncertainties

The share price of AIM-listed precious metals exploration and development company Ortac Resources (OTC) has suffered in recent times – as those across its sector have. From January 2011 highs of 2.785p and above 0.6p in January, the shares currently trade at 0.24p, capitalising the company at little more than £5.5 million.

13 May 2013, 16:27 | By Red Evans |

Gulf Keystone – Some More Calculations

There was a great response from the investment community following my analysis last week. But a couple of points really stick out amongst all the comments I read.

13 May 2013, 14:51 | By Zak Mir |

Buy Amur Minerals (AMC): 15p Target Expected

One of the qualities required in equities trading is patience, a quality that I have yet to acquire.

13 May 2013, 14:29 | By Steven Moore |

Chaarat Gold - change in strategy further underlines severely challenging conditions for the sector

Prevailing market sentiment and conditions and consultations with stakeholders, including key investors and shareholders, have seen AIM-listed, Kyrgyz Republic-focused Chaarat Gold (CGH) decide that “now is not the time to commit cash flow to small scale production and that fast-tracking a definitive feasibility study, together with a continued focus on the development of infrastructure, is the optimal route to deliver the value of the Chaarat deposit.

13 May 2013, 11:30 | By Zak Mir |

Buy Ceres Power (CWR): A Surprisingly Strong Set Up

At first glance it would appear that going long or even thinking of doing so in terms of Ceres Power shares would be something of a grievous mistake.

13 May 2013, 10:02 | By Staff Writer |

Nominate for the AIM Cesspit awards 2013


It is time to highlight and celebrate the very worst of AIM with the inauguration of the AIM Cesspit awards sponsored by Shareprophets.com.

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13 May 2013, 08:42 | By Zak Mir |

Buy CPP (CPP): Send In The Clowns

Tom Winnifrith referred to “some clown” having bought shares in CPP Group on Friday. As UKIP leader and erstwhile folk hero Nigel Farage would say, ”Send in the clowns.”

13 May 2013, 08:32 | By Zak Mir |

Sell New World Oil

New World Oil & Gas (NEW) is a classic example of where a calamitous decline for the share price was flagged by the technicals.

13 May 2013, 08:11 | By Ben Turney |

Chasing New World Oil and Gas’ mud logs

Two weeks ago I wrote this piece, publicly calling for New World Oil and Gas (NEW) to release the mud logs of their recent drills in Belize.

12 May 2013, 18:30 | By Zak Mir |

Buy Gulfsands Petroleum: The “Smallest” Of The Big Three

There was a time in the not too distant past when my three favourite oil and gas plays amongst AIM stocks were Gulf Keystone (GKP), Xcite Energy (XEL) and Gulfsands Petroleum (GPX)

12 May 2013, 17:03 | By Zak Mir |

Buy Churchill Mining

While it may appear that it is a little late in the day to get on the bandwagon as far as Churchill Mining is concerned, the current charting perspective suggest that we are only in the early stages of a rally relative to how far the stock could climb over the next few weeks.

12 May 2013, 16:29 | By Zak Mir |

Quindell Porfolio (QPP): Never, Ever, Pander

In the aftermath of this week collapse of the stock it is clear that it is almost as bad to pander to the crowd as get a call on a stock or market wrong. This is despite the risk of effigy burning on the bulletin boards.

12 May 2013, 14:38 | By Tom Winnifrith |

Another Letter to Sefton Boss Jim Ellerton with a 5 more questions


On Thursday I sent a letter by email to Sefton Resources (SER) boss Jim Ellerton asking him to apologise to me for his company’s smear campaign against me and to make a small personal donation to the excellent Woodlarks Charity.

12 May 2013, 13:32 | By Tom Winnifrith |

CPP - Free Money as a short


Some clown bought a stack of shares in CPP (CPP) on Friday sending the shares soaring.

12 May 2013, 12:33 | By Nano Trader |

Dart Group flying high, buy at 175p

We all love a value for money break and Dart Group (DTG) appears to be benefitting from the UK’s love affair with package holidays to sunnier climates in Europe (and why not, as its only sunny for around a month every year in the UK!)

12 May 2013, 12:27 | By Tom Winnifrith |

On the AIM Cesspit – the Real Price of Astar Minerals (again)


The dog that was Pan Pacific Aggregates continues to bark loudly in its new incarnation as Astar Minerals (ASTA). On Friday its shares were the second worst performers on the Cesspit, slumping 20% to 0.2p as 8,332,132 shares changed hands.

12 May 2013, 12:18 | By Tom Winnifrith |

What Would I do if I was a US Oil & Gas Shareholder?

Thankfully I have no interest long or short or otherwise in this stock. But I am asked what would I do if I was a shareholder?

12 May 2013, 12:14 | By Ross Norman of Sharps Pixley |

Easing Bias of Global Central Banks, Currencies and Gold

The U.S. Comex gold futures surged 1.72 percent on Wednesday but retreated 0.35 percent on Thursday to $1,468.60. Gold weakened further by about 0.60 percent during Friday Asian morning.

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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.

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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.

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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.

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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.

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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....

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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.

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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'. 

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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.

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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.