ShareProphets

Thursday 29 June 2017 The one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares


7 August 2013, 15:45 | By Steven Moore |

AdEPT Telecom - acquisition, recovery value remaining?

AIM-listed provider of voice and data telecommunications services in the UK, AdEPT Telecom (ADT) has announced it has signed an agreement to acquire approximately 3,000 business customer contracts from Bluebell Telecom Ltd for an initial approximate £2 million...

7 August 2013, 13:10 | By Steven Moore |

Noble Investments - trading statement, still attractive value?

I previously commented on this website on AIM-listed collectibles company Noble Investments (NBL) in June – concluding that the shares looked a good long-term investment (see HERE). They had however dropped back from the then 220.5p to sub 200p before a Monday-released trading statement from the company. The following updates…

7 August 2013, 10:54 | By Ross Norman of Sharps Pixley |

Thinning Gold Volume and Slowing Emerging World Growth amidst Uncertainty of the Fed's Tapering

The U.S. Comex gold futures fell for six consecutive days and ended at $1,282.60 on Tuesday. During Asia Wednesday morning, the gold futures fell a further 0.40 percent. The prices have already dropped over two percent this week while they went up 7.25 percent in July, the best month after January 2012.

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6 August 2013, 18:56 | By Steve Moore |

Greggs plc - interim results, an unsavoury few years ahead?

I previously commented on FTSE-250 constituent Greggs plc (GRG) in April HERE when the shares were trading at 420p. I concluded then that the stock did not look particularly attractive given that key headwinds the company was facing showed little sign of abating any time soon. This has been borne out by results for the first half of the 2013 calendar year from the company today – which have seen the shares fall to just above 400p, capitalising it at just over £400 million. The following updates…

6 August 2013, 14:05 | By Steven Moore |

S&U plc - half-year trading update, still Solid & Undervalued?

Fully-listed specialist motor finance and home credit provider in Britain, S&U plc (SUS) has updated that “it continues to trade in line with market expectations and intends to announce its interim results on the 25th September”. The following reviews…

6 August 2013, 11:20 | By Tom Winnifrith |

Sefton – Where is comical Ali’s report?

For three years Sefton (SER) has strung its shareholders along, getting away a series of fund raisings, claiming that a report on how to transform the (dire) economics of its Tapia field, written by a certain Dr Ali was imminent. It never appeared as promised.

6 August 2013, 10:44 | By Lucian Miers |

Gaming Realms – the New Pursuit Dynamics ( one to look to short)

After thirteen inglorious years of bluster and swagger, Pursuit Dynamics (PDX) finally disappeared from our screens yesterday having sold its entire business for £50,000. Apart from the company’s founder, John Heathcote, who sold out some years ago for millions, pretty much everyone lost out on Pursuit.

6 August 2013, 10:15 | By Robert Sutherland Smith |

Anglo American: Long Term Buy

George Osborne’s father in law who thinks that ‘fracking’ should be confined to desolate places could well have suggested the Anglo American  (AAL) company share price, which has looked pretty desolate until quite recently. Not long ago

5 August 2013, 11:48 | By Tom Winnifrith |

Rick Rule - 80% of mining juniors are worthless

Mr resource investment Eric Sprott does not mince his words. In this remarkable interview he says that 80% of mining juniors are absolutely worthless.

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4 August 2013, 23:36 | By ShareProphets |

Financial Video Postcard #11 – Sefton, gold, regulation and the markets

In his weekly video postcard Tom Winnifrith discusses Sefton and the abject failure of AIM regulation – he urges Sefton shareholders to sue the LSE. He also discusses gold and the disconnect between physical and paper markets and overall stockmarket trends and sentiment.

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4 August 2013, 12:24 | By Tom Winnifrith |

CPP – The biggest bear squeeze I have ever seen: Evil Knievil

Fully listed CPP Group (CPP) shares have rocketed to 16.5p in what infamous short seller Evil Knievil describes as “the biggest bear squeeze I have ever seen”. Evil, aka Simon Cawkwell, remains short and expects the shares to collapse, but admits that they could easily go higher short term.

2 August 2013, 19:00 | By Steven Moore |

K3 Business Technology - new order, earnings recovery in process?

Shares in AIM-listed provider of enterprise resource planning software, hosting and managed services K3 Business Technology (KBT) have nudged approaching 3% higher today, to 114p, on the back of an announcement that the company has secured the first phase of a new order for its Microsoft-based 'Gemstone' AX product with “a major UK garden centre chain”. Following my analysis of the company on this website last month – when the shares traded at 101p (see HERE) – the following updates…

2 August 2013, 17:10 | By Staff Writer |

Anglesey Mining at 6.4p: Well poised says Edison

Commissioned researcher Edison has today published an upbeat note on fully listed Anglesey Mining (AYM). It argues that in uncertain times the company is well placed to deliver returns for shareholders. 

2 August 2013, 17:01 | By Steve Moore |

GLI Finance - analysis & research update following Q2 trading statement

Shares in specialist commercial lender GLI Finance (GLIF, formerly Greenwich Loan Income Fund) have fallen back to the level (49.5p) at which they were added to the income portfolio of the 'Nifty Fifty website which I co-edit' in December. This follows a second quarter trading update from the company and subsequent research update from Edison late last month. Is there still income value here?

2 August 2013, 16:53 | By Staff Writer |

Archipelago Resources at 42.625p buy with a 58p target price – VSA

VSA has changed its mining analyst but still rates Archipelago Resources (AR.) as a gold stock to buy. In a note published today it argues that the shares are worth 58p each.

2 August 2013, 14:03 | By Steve Moore |

Lo-Q plc - directors selling for 'the good' or making a value call?

AIM-listed provider of technology focused on increasing revenues and improving guest experiences in the attractions and leisure industry, Lo-Q plc (LOQ) yesterday announced that non-executive director, Anthony Bone, had sold £600,000 of shares at an average of 600p each (taking his shareholding to 201,517 shares) “in response to significant institutional demand”. This follows another director selling £1.5 million of shares last month at the same average price with the same reason given. The following reviews…

2 August 2013, 11:44 | By Tom Winnifrith |

Leyshon Quarterlies - on track & cheap

Leyshon Resources (LRL) has released a report covering the second quarter of 2013 - which emphasises that it remains “well placed” to continue advancing its exploration and appraisal of the Zijinshan gas project in central China. So are the shares a buy? Yes.

2 August 2013, 11:38 | By Staff Writer |

Red Rock Resources at 0.39p worth 2.77-4.34p says Edison on Greenland News

Shares in Red Rock Resources (RRR) now trade at 0.39p but are worth 2.77p-4.24p according to a detailed note published today by Edison updating investors on the sale of Red Rock’s Greenland assets. Edison writes:

2 August 2013, 11:23 | By Ross Norman of Sharps Pixley |

Investors Sell Gold as the U.S. Economy Strengths More than Expected

The U.S. Comex gold futures have dropped close to one percent since the FOMC meeting on 31 July and ended at $1,310.80 on Thursday. During Friday in Asia, the gold futures have faced further selling pressure before the U.S. payrolls data.

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2 August 2013, 10:34 | By Tom Winnifrith |

On the AIM Cesspit – A raft of RNS = Placing ahoy

Proper fund managers are not interested in small cap AIM companies worth sub £20 million. As such if you run such an enterprise and wish to raise money you have 2 choices and both need you to ramp your stock and that means fleecing the Bulletin Board Morons.

 
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10 hours ago | By ShareProphets |

The June edition of the UK Investor Magazine is live - 5 share Tips, voting guide, and where to emigrate if the wrong party wins

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.

 
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4 days ago | By Darren Atwater |

New Bulletin Board Moron of the Week contest - sponsored by David Lenigas on steroids

The prize is a cheap one way flight to Mars organised by Elon Musk a promoter who makes David Lenigas seem bashful and understated. The challenge: We're looking for exemplary examples of sheer stupidity from those founts of brilliance; LSE.co.uk, III.co.uk and ADVFN.co.uk. The deadline to post your entries in the comments section below is midnight, Sunday 25 June.

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7 days ago | By Tom Winnifrith |

Little Steve Sanderson of UK Oil & Gas in action on the Weald Basin caption contest

It seems that little Steve Sanderson of UK Oil & Gas (UKOG) was hosting anyone who was interested at the company's site at Broadford Bridge on the Weald Basin. Just last week the Old Bill were arresting local protestors near the drill pad, so what is little Steve saying now? Suitable captions in the comments section below with a deadline of midnight tonight please.

7 days ago | By Malcolm Stacey |

Here's One For Plastic Palace Alice - A One Year Profit-Doubler

Hello Share Smudgers. Companies which manufacture plastic bits and pieces have done rather well in my bag in recent years. But one I have not so far touched, yet ought to do so soon, is Carclo (CAR).

7 days ago | By Steve Moore |

InterQuest – attempted robber barons respond to Defence Document, admit their offer “constrained”…

Lambasted for a “materially undervalues” 42p per share offer, the InterQuest (ITQ) attempted management buyout team at Chisbridge Ltd has made a “Response to Defence Document”

7 days ago | By Steve Moore |

Hornby – major holder’s purchase means a mandatory cash offer

Last month saw a regime change General Meeting requisition withdrawn at Hornby (HRN) and now the major shareholder, Phoenix, has unconditionally agreed to acquire the rebel’s (New Pistoia Income’s) shares – seeing it required to make a mandatory cash offer for the whole company...

7 days ago | By Tom Winnifrith |

Tom Winnifrith Bearcast: Why Paul Scott's fucktard follower will always lose & should you sell all your oil shares?

Okay this really is the last one until September. But I have packed and am ready to travel and am bored, so here goes one more time. First up I discuss those who always blame others for their lack of profits, citing some twitter chum of the great Paul Scott. Then as Brent plunges through $45 I discuss why it is falling, where it will go next and if you should sell all your shares. The answer is a very selective no.

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7 days ago | By Tom Winnifrith |

Luke Johnson speaks up for we terrified entrepreneurs

Luke Johnson will be among the star speakers at UK Investor Show 2018. Those with a golden ticket will also get to hear him in conversation with Nigel Wray at the Saracens evening the Wednesday beforehand - that will be a battle of the pizza men, a real treat - more details HERE. In his Sunday Times column last weekend he echoed my post-election gloom about how we entrepreneurs should feel terrified - HERE. It is brilliant stuff. Frankly Luke is THE reason to buy the Sunday Times. Luke opines:

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7 days ago | By Cynical Bear |

Highlands Natural Resources: Results out - fun over - bubble bursting - get out

I’m no longer surprised how stocks that, in my view, are inherently worthless or at least worth a fraction of their current share price can stay at such a high price or so long but I think the bubble is bursting, and gravity is taking hold, at Highlands Natural Resources (HNR) with a shocking set of results released yesterday. Let’s have a look at the “highlights”!

7 days ago | By Tom Winnifrith, The Sheriff of AIM |

Lies, smears & blackmail: Loathsome Rita tries to cling on at Magnolia Petroleum

Less than lovely Rita Whittingham is doing her utmost to cling onto the gravy train for her and her relatives which is Magnolia Petroleum (MAGP). You will remember that there are moves to oust the proven failure and install one director from Nostra Terra (NTOG), Evan Ainsworth, and an independent director, Zac "The Knife" Phillips, the City's No 1 oil analyst. This would not be a change of control as Rita asserts since The Knife is independent, but a much needed boardroom clearout. Now to the defence document which is worthy of Jeffrey Archer. It is just low grade fiction.

7 days ago | By Andre Brand |

My advice to the next Chancellor

I have to confess to being very depressed over the course of the last few months. I think the depression has actually been increasing and I put it all down to media and politics.

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7 days ago | By Nigel Somerville, the Deputy Sheriff of AIM |

Naibu – SHOCKER filthy forty update and litigation news. Who's in the frame?

Out of the blue this morning, we have had an update from ShareProphets AIM-China Filthy Forty Naibu. This was an obvious fraud and delisted in 2015 when the money stopped flowing and Houyan Lin disappeared. But the board decided to stand up to be counted. They may have been taken in and signed off on all sorts of lies, but they have been pursuing the case and today have also announced that viable legal causes of action look to exist to go after certain of the various professional advisers who were involved at the time of the flotation.

6 days ago | By Steve Moore |

The People's Operator – “Make a call, make a change”… shareholders make a loss…

“The People's Operator (TPOP), the cause-based commercial mobile virtual network operator, is pleased to announce its full year results for the period ended 31 December 2016”. Hmmm, these being announced approaching six months after the year-end – rarely a good sign…

6 days ago | By Steve Moore |

Imagination Technologies – shares jump on commencement of formal sale process, though “remains in dispute with Apple”

Shares in Imagination Technologies (IMG) have currently recovered more than 17%, to 145p, on the back of a “Commencement of formal sale process” announcement…

6 days ago | By Malcolm Stacey |

Mitie Is No Mouse at Cost Cutting and Finding New Customers

Hello Share Seekers. Times have not been pucker for firms which claw a lot of business from local councils and other organisations. Government cuts have caused so many local authorities to cut back on their awards of business to outside contractors. Mitie (MTO) is one such firm.

6 days ago | By Steve Moore |

James Latham – “pleased” with full-year results, but a buy?

Having last year commented on slowing growth, I note results for its year ended 31st March 2017 from panel and timber distribution company James Latham (LTHM)…

6 days ago | By Darren Atwater |

Winner of the Little Steve Sanderson of UK Oil & Gas in action on the Weald Basin caption contest

There were some good entries for this edition of the caption contest, and it was a photo finish for the winner of captioning this photo of  little Steve Sanderson of UK Oil & Gas (UKOG), playing host to anyone who was interested at the company's site at Broadford Bridge on the Weald Basin. 

28 June 2017, 14:55 | By ShareProphets |

The June edition of the UK Investor Magazine is live - 5 share Tips, voting guide, and where to emigrate if the wrong party wins

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.

 
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28 June 2017, 14:55 | By Corbyn's pal Darren Atwater |

New Bulletin Board Moron of the Week contest - sponsored by Paul "Queenie" McManus PR to London's worst frauds & AIM trash

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.

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27 June 2017, 08:11 | By Tom Winnifrith, The Sheriff of AIM |

Exclusive: The full Slater & Gordon High Court Claim against Watchstone for £537m - damning on Rob Fielding, David Curry & the lies Quindell told

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.

27 June 2017, 10:02 | By Tom Winnifrith, The Sheriff of AIM |

Saffron Energy - The City's No 1 oil analyst Zac Phillips sticks his knife in and he has a point

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.

28 June 2017, 08:06 | By HotStockRockets |

Minoan - Yes it can now develop Cave Sidero - we are off to the races: Yamas!

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.

28 June 2017, 14:55 | By ShareProphets |

You may know Tom the fraudbuster but what about the man who makes you money from value investing shares tips - act TODAY!

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.

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27 June 2017, 08:14 | By HotStockRockets |

Concepta - CEO buys a not un-trivial amount of shares: Follow suit

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.

28 June 2017, 11:05 | By Tom Winnifrith |

Bulletin Board Moron Evil Knievil still wrong on Watchstone

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.

28 June 2017, 08:23 | By Tom Winnifrith |

The fake news Guardian - misleading headline on Brexit and EU workers leaving

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?

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27 June 2017, 10:03 | By Nigel Somerville, the Deputy Sheriff of AIM |

Advanced Oncotherapy – Annual Report published: Guess what?????

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…

27 June 2017, 10:20 | By Tom Winnifrith, The Sheriff of AIM |

Mayan Energy the dog has a new trick but it makes no sense at all - coke & hookers better value

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....

27 June 2017, 08:13 | By Tom Winnifrith, The Sheriff of AIM |

Strat Aero - reality setting in - do not BUY!

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.

28 June 2017, 08:22 | By HotStockRockets |

Metal Tiger – news from Spain, but the real news we want still to come - BUY

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.

28 June 2017, 08:16 | By Tom Winnifrith |

In Gold We Trust 2017

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.

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28 June 2017, 08:20 | By Tom Winnifrith, The Sheriff of AIM |

Advanced Oncotherapy - letter to Financial Reporting Council re uber dodgy accounts

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:

28 June 2017, 11:04 | By Gary Newman |

Shenanigans at Blenheim Natural Resources need investigating

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.

27 June 2017, 12:41 | By Tom Winnifrith |

Servision - how do you keep lots of idiots in suspense? We'll tell its shareholders on Friday

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?