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

2 August 2013, 09:40 | By Tom Winnifrith |

The Detroit Temple – Why the West will drown in Government Debt as Politicians ALL Lie

Read this and appreciate how the political classes of the West are to a man (or woman) lying to you. They tinker, they pontificate but they are racking up liabilities which they know cannot be met. The unfunded future liabilities of the British, French, US Governments mean that they are all technically bust. 


2 August 2013, 09:14 | By Doc Holiday |

Q& A with Matt Lofgran of Nostra Terra Oil & Gas

Today shareprophets speaks to Matt Lofgran about the highs and lows of running a small cap oil and gas company – namely AIM listed Nostra Terra Oil & Gas (NTOG)

2 August 2013, 08:50 | By Doc Holiday |

Buy Kazakhmys at 271p – let’s keep it simple

As we all try to navigate the daily, weekly and monthly outfall of a bear market many private investors seemingly overlook actual value preferring to speculate wildly on companies with no real asset backing. Instead why not look at a real company: Miner, Kazakhmys (KAZ) is a buy at 271p and is worth 400p a share.

1 August 2013, 17:30 | By Steven Moore |

IDOX plc - worth following the Chairman?

Following June released interim results AIM-listed software and information management and services company IDOX plc (IDOX) announced last month that it had completed the (initial £0.3 million and up to £0.6 million) disposal of its non-core recruitment business, TFPL Ltd, and that Chairman Martin Brooks had purchased £24,934 of shares in the company at 36.4p each – taking his shareholding to 7,970,027 shares (2.29%). Following a previous piece on the company on this website – see HERE – the following updates…

1 August 2013, 12:58 | By Steve Moore |

Dialight plc - maiden cellphone tower system order 'encourages', but enough?

FTSE-250 leading-edge LED technology utilising producer of lighting fixtures for hazardous locations, obstruction lighting, traffic and rail signalling and general industrial application, Dialight plc (DIA) has announced a maiden, initially “just less than $1 million”, order for its new Cellphone Tower Remote Monitoring and Lighting system “from a major operator in North America”. Post my review of the company’s interim results last month (see HERE), the following updates…

1 August 2013, 09:28 | By Tom Winnifrith |

Kenmare Resources Trading Statement – less dire than usual, but…

Kenmare Resources (KMR) has served up a trading statement which for one shows more steps forward than back. But it is hardly impressive. At least it has managed to persuade the banks to extend debt repayment terms. But ilmenite prices remain soft. The uber excellent mining analyst Roger Bade of Whitman Howard writes:

1 August 2013, 08:42 | By Tom Winnifrith |

Sefton: Blatant pre placing ramp, falling production, Comical Ali – the joke gets funnier

Sefton Resources (SER) which is suing me for libel has got no money and is burning cash. It is therefore must do to an equity placing or death spiral drawdown pronto to survive and so has put out its second RNS in two weeks which is not only a ramp but a piss poor ramp to boot.  Focus on: how it spins falling output how it announces the same thing twice and how it spins the fact that yet again it cannot publish Comical Ali’s steam flooding report.  And remember this is a ramp ahead of a placing which will have to be at a big discount to the current share price.

31 July 2013, 21:46 | By Tom Winnifrith |

Reporting Back from the High Court: Winnifrith vs. Sefton Resources

Some of the Bulletin Board loons seems to have expected me to be in prison or bankrupted by this afternoon after round 1 of Sefton vs. Tom Winnifrith in the High Court. Oddly there were three policeman waiting outside the chambers of Master Kay when we emerged but they were not looking for me. But I am sorry to disappoint the loons…this case is not going to be settled, if indeed Sefton is still around, until 2014.

31 July 2013, 20:00 | By Ben Turney |

Why I’ve bought Goldstone Resources

Three weeks ago Tom Winnifrith asked “Goldstone (GRL) drilling results; can it really say this?” At the time Goldstone released less than impressive drill results together with some, how shall I put this.... errr.... “bullish” statements. Fast forward to Friday and, yep you guessed it, Goldstone tapped the market for a heavily discounted placement, 30% lower than the closing price of July 5th.

31 July 2013, 19:23 | By Robert Sutherland Smith |

GKN: reporting back on my good share tip after first half figures

GKN (GKN) yesterday produced its first half profits numbers to June 30the. The shares were tipped here at 325p (now 354p, last seen) so where next other than crates of champagne to RSS Towers?

31 July 2013, 19:11 | By Steve Moore |

Domino's Pizza Group - broker reaction & forecast guidance following interims

Yesterday’s interim results announcement from Domino’s Pizza Group (DOM) has drawn significant broker comment and some comments on the likely impact on forecasts. The following summarises what the experts say. My own thoughts and very witty headline are HERE

31 July 2013, 18:49 | By ShareProphets |

Nostra Terra Oil & Gas – at the UK Investor Show 2013

CEO Matt Lofgran presents at the UK Investor Show. 

31 July 2013, 16:25 | By Steve Moore |

Invensys plc - recommended offer - I am vindicated: sell in the market?

Invensys plc (ISYS), the FTSE-250 software, industrial automation and energy controls company whose shares, at 366p, I concluded on back in March looked to be a solid large-cap investment proposition with potential future takeover upside (see HERE) has today announced it is recommending a total 502p per share offer (372p in cash and 0.025955 shares) from France-headquartered multinational Schneider Electric. So should you sell in the market now?

31 July 2013, 12:29 | By Ross Norman of Sharps Pixley |

Gold Prices Heavily Dependent on the U.S. Economic Data and the Fed's Policy Announcement

The U.S. Comex gold futures rose 0.52 percent on Monday before declining 0.33 percent to end at $1,324 on Tuesday, the day before the FOMC meeting. Year-to-date, the gold futures dropped almost 21 percent although the prices jumped 8.2 percent in July.


31 July 2013, 12:00 | By Tom Winnifrith |

Tom W in The High Court at 2.30 PM - Buy your Gary Dillabaugh T-shirt now!

Jim Ellerton of Sefton Resources still owes former Sefton Company Secretary Gary Dillabaugh $600,000 from a court case more than two years ago. It is Jim's defence in that case that will, IMHO, sink him but this is a story that is only just getting going. The powder keg is under Sefton it is just a matter of when I choose to light the fuse.

31 July 2013, 11:16 | By Staff Writer |

Plexus – Cenkos increases forecasts and says buy up to 270p

Following its results yesterday broker Cenkos has increased its earnings forecasts for Plexus (POS) and reiterated its buy stance at 223.5p with a new target of 270p.

30 July 2013, 19:59 | By Steve Moore |

Domino's - sour Kraut flavoured pizza

Shares in Domino's Pizza Group plc (DOM) trade more than 5% lower, at 568p today, following the company reporting a pre-tax profit of £11.56 million for its half year ended 30th June 2013, this down from a comparative prior year £21.50 million.  The problem is Germany.

30 July 2013, 18:24 | By Staff Writer |

XP Power at 1325p is worth 1627p – Edison

XP Power (XPP) recently reported a 5% y-o-y revenue growth for the first half of calendar 2013. According to commissioned researcher Edison this demonstrated its ability to gain share in a tepid market.  The researcher reckons the shares, now 1325p, are worth 1627p. It notes that…

30 July 2013, 17:26 | By Robert Sutherland Smith |

Barclays ex-rights: Helloo Balloo

‘Helloo Balloo’ - to misquote Edward Lear I think - we have landed back in the future! It is Beethoven’s Ode to Joy combined with The Handel’s Hallelujah Chorus and George Formby. An old normality and market convention has been restored to us in Barclay’s Bank (BARC) rights issue; that is to say institutional shareholders providing banking capital again - something that was scarcely thinkable a year ago! 

30 July 2013, 16:35 | By Steve Moore |

WYG plc - contract wins, a recovery story: Further to run!

I reviewed AIM-listed global project management and technical consultancy, WYG plc (WYG) last month following its publication of results for its year ended 31st March 2013 – see HERE. The following updates, with the company having today announced more than £10 million of new contracts in Southern Africa won in the current financial year…

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.


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;, and The deadline to post your entries in the comments section below is midnight, Sunday 25 June.


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.


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:


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.


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.


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, and The deadline to post your entries in the comments section below is midnight, Sunday 2 July.


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.


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?


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.


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?