Were gold stocks a bubble in 2010. I discuss why Petropavlosk (POG) is now the most shorted stock in London. What's the looming bubble? House prices.
When I spotted Vesuvius (VSVS) equity early in July as an undervalued share and candidate for my buy list, the then share price was 378p. Having touched 530p, it has since returned to a share price of 450p (last seen) and back in contact with the chart’s share price trend, having briefly shot through it.
We knew a three weeks ago that Reach4Entertainment (R4E) was trading in line and was making further progress at tackling central costs by parting company with grossly overpaid FD Shirley Stapleton. I called the stock a recovery play at 3.75p then but with one caveat. That caveat has now gone and the stock at 4.75p is a clear buy.
A week away and much to my surprise there has been no news from Sefton Resources (SER), the AIM listed POS that is suing me for libel. I see the shares are now at 0.475p, under the MA line which in charting terms, I am told, means they are a mammoth sell ( upside is capped at the MA) the initial target price would be 0.275p. Charting is bollocks. And, in this case, generous, my target price remains 0.01p. But there are two howling questions for Sefton.
A poll was done recently regarding management of a certain company. In it a reader listed the numerous faults of the company but thoughts new management might do better as “…we do have an estimated 3.5 million barrels of oil. That's got to be worth some thing. A new management team could transform us.”
Concha (CHA), the latest vehicle of investment hot shot Chris Akers managed to complete a £1 million placing at 0.35p and another acquisition in time to announce at 7 AM on Friday. Had it left it any later its shares would have been booted off the exchange. As it is they moved ahead to 0.41p – valuing the company at £3.3 million. The Akers express has left the station.
I like to think of myself in religio-investment terms, as a ‘contrarian, value oriented fundamentalist’ - or ‘CVOF’. In my opinion, it has merits when it comes to seeking personal salvation and stock picking. It was that which prompted me to propose Rio Tinto (RIO) ordinary shares in mid June at 2780p when - and because- other men’s (I use the word inclusively to include women) thoughts and words were filled with ‘China fear’.
Having recently concluded that Greggs plc (GRG) looked to have a tough few years ahead (see HERE), I read yesterday’s analysis by the esteemed Robert Sutherland Smith ('RSS', read HERE) with much interest. The following brings the view of broker to Greggs, N+1 Singer, into the mix…
Post its results announcement for the first six months of 2013 this coming Monday (12th August), I am scheduled to chat to the management of AIM-listed developer and supplier of software for product development and manufacture, Delcam plc (DLC). I shall report here after the chat but the following details the outlook as currently known.
Next week is a significant one for shareholders in AIM-listed Bglobal plc (BGBL), a company now targeting software and services to participants in the UK energy market having been hit by delays in the rollout of ‘smart meters’. The following explains why...
News from the land where no-one shags sheep: Manufacturer and leading global supplier of advanced semiconductor wafers, IQE (IQE) has announced that its material has been qualified for high-volume manufacturing by strategic partner, Solar Junction.
Should a company ever be valued at less than its net cash position? I draw your attention to Ovoca (OVG) - a small Russian gold miner that has a market value of £8.95 million.
Fully listed Fortune Oil (FTO) has announced a string of transactions which has left many investors pretty confused but broker VSA Resources reckosn it is good news for investors. It has published a detailed note explaining all.
After losing for six consecutive days, the gold futures rebounded 2.14 percent in the past two days to end at $1,310.10 on Thursday. The prices jumped a further 0.3 percent during Asia Friday morning.
The market’s reaction to the recent set of interim results from HSBC (HSBA) was a bit ‘sniffy’; seemingly disappointing and not quite good enough! In any event the price has come down from 760p.
Shares in Sirius Minerals (SXX) have bounced today off 12 month lows hit earlier in the week but at 14p shareholders must be feeling the pain. Is there more to come?
Leading stamps and collectibles business Stanley Gibbons (SGI) has announced results for the first half of 2013. These show an adjusted pre-tax profit of £1.61 million on revenue 17.2% higher than in the corresponding 2012 period, at £17.24 million, generating earnings per share of 5.03p, down from 6.61p. The following explains what is going on…
Greggs the bakers (GRG) has seen its share price return to just below the level it reached at the time of the Q1 results. Last seen, the share price stood at 392p in contrast to the price of 412p when I said that its fundamental attractions prompted me to add it to my buying list. So having looked at these latest quarterly results have I altered that judgement?
Following my recent analyses in the staffing sector (see HERE), AIM-listed, UK specialist engineering and professional services recruitment company, Matchtech Group (MTEC) has today updated on its year ended 31st July 2013. The following reviews…
Last month saw me review announcements from some of the larger cap staffing companies and note that they currently trade on buoyant ratings (see HERE). Another company in the sector which has also enjoyed a strong recent share price performance is AIM-listed Staffline Group (STAF). Ahead of its interim results, scheduled for 4th September, the following updates…
The June edition of the UK Investor Show Magazine is live featuring three resource shares to buy, two more share tips, a voting guide for investors, and where to emigrate if the wrong party wins a special offer expiring on June 14 and much more.
Queenie smears journalists and spins for all the worst companies on the casino from fraudsters Eden to Advanced Oncotherapy to Norfolk's finest Fusionex. He truly is a posterboy for AIM and thus a fitting sponsor for this week's contest. The challenge: We're looking for exemplary examples of sheer stupidity from those founts of brilliance; the Bulletin Board Morons who dwell on the cesspits that are LSE.co.uk, III.co.uk and ADVFN.co.uk. The deadline to post your entries in the comments section below is midnight, Sunday 2 July.
Slater & Gordon (SGH) spunked £649 million on buying the worthless, fraudulent assets of Quindell (QPP) in 2015, a deal that has seen its shareholders suffer a 99% wipeout. It has now filed a UK High Court claim against Watchstone (WTG), Quenron as was for £637 million and we have obtained the papers and, in a major scoop, publish the Claim in full below.
I tipped shares in Saffron Energy (SRON) but urged folks to take profits some months ago. The shares were then 8p+ having listed at 5p. In recent weeks the shares have slithered back towards that 5p and I have been urged by folks to re-tip. I resisted that urge. Something was wrong. Now we all know what some folks have clearly known for a while, what the problem is.
It has taken more than two decades and exposed the Greek planning system for the total joke that it is but Minoan (MIN) now has the all clear to go ahead and develop the spectacular Cave Sidero site in North East Crete.
You may know Tom Winnifrith as the man who exposes fraud on AIM and gets a stack of death threats and lawyers letters for his troubles. Just on Tuesday he has published a massive exclusive on Quindell, the biggest London stockmarket fraud for 30 years, and a con the regulators thanked him for exposing. That breaking news is HERE.
It is good to see a CEO putting his money where his mouth is and the share purchase by Erik Henau should also scotch the silly rumours that a placing is imminent. The Concepta (CPT) head honcho has purchased 80,000 shares at 12.175p. He now owns 293,333 shares so in that context this is a decent purchase. We'd hope to see more boardroom buying soon but expect also to see more hard news on order flow very soon.
I guess if you write for a website that makes the Official Jimmy Saville Fan Club website seem well read and popular, it forces one to also post on Bulletin Boards in order that your words of wisdom/attempts to ramp your flagging portfolio reach an audience of more than three men and a dog. Speaking of dogs - Watchstone (WTG) is stock which bear raider turned Bulletin Board Moron Evil Knievil has long argued is worth 500p. The shares are now 140p ( and falling) after yesterday's massive revelations from me HERE.
I bet the BBC News picks up on it and runs with it too. But its sister publication is quick out of the blocks...The Guardian today runs with a raft of misleading headlines and other fake news as is its wont but the one on Brexit driving EU workers abroad wins the prize. The left wing rag with plunging sales and spiralling losses states: "Almost half of highly skilled EU workers 'could leave UK within five years". The sub head is "Deloitte study finds 47% were considering leaving after Brexit, while overall one-third of non-British workers could leave". Right, okay but hang on what did the survey actually say and was it big enough to be statistically valid?
AIM-listed Advanced Oncotherapy (AVO) has released its full Annual Report. Having looked yesterday at a few things I thought it would be worth a second look – especially in the light of a clean audit report from RPG Crouch Chapman. Mea culpa to myself and Tom who expected something different, but hang on a minute…
Another day and another director walks, a new strategy is adopted and yet more confetti is issued by AIM casino uber dog Mayan Energy (MYN), formally the hound known as Northcote Energy. But this latest move just makes no sense at all. Let me explain with a little bit of help from a friend....
I warned you in explicit terms yesterday that the doubling of the Strat Aero (AERO) share price to 0.14p on the back of results which can best be described as a shit sandwich with dollops of jam tomorrow on top, was not justified. The shares have now slumped back to 0.09p-0.11p (TW 7, BBMs 0 once again) but do not BUY now for there are still deluded fools abroad.
Metal Tiger (MTR) has updated on exploration at the Logrosan Minerals joint venture in Spain – helping the shares currently slightly higher to 2.03p mid.
A year ago Ronald Stoeferle stated that we were at the very beginning of a bull market in gold, He was wrong. He says that was stopped by Donald Trump. Gold and commodities are dirt cheap when compared to stocks. Equities, bonds, and real estate are at or near their all time highs. He thinks the dollar is close to rolling over.
In a sense this is not that relevant as Advanced Oncotherapy (AVO) is within a couple of months of running out of cash and going tits up but on a point of principle I have written to the my very good friends at the Financial Reporting Council as there are aspects of Advanced's 2016 annual report and accounts which stink more than a pile of rotting kippers left out at a sewage farm in the scorching midday heat. The letter follows:
A few weeks ago I penned a piece on Blenheim Natural Resources (BNR) in which I was highly skeptical of the recent holdings RNSs from a certain Pershing Nominees/Valbury Capital.
Worthless AIM listed piece of excrement Servision (SEV) always seems to report its results at the last possible moment to avoid suspension on the casino. In 2016 calendar 2015 numbers (piss poor) arrived on the 30 June deadline day. For 2016 its a slam dunk bet that the numbers (piss poor) will arrive this Friday on deadline day. Why is that?
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.
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