Alexander Mining is another stock where I was actually tipped off myself regarding the merits of the shares via a private, and this was earlier last week when there has not yet broken back above former 2.77p late 2012 support!
I have been meaning to write up CIC Capital for some days now, but the stock always missed the cut. However, in the interim the shares have shot up vertically and question most traders will be asking is whether in the near-term there is more to come? The answer would appear to be in the affirmative.
From a charting perspective it really does not get much better than the current position at Dolphin Capital. Indeed, there are multiple positives on the daily chart of the past year including and August RSI rebound from close to 0, followed by a vertical Spike through the 200 day moving average the following month.
Events have fully justified my earlier bullish judgement elsewhere that SSE (SSE) shares were good value on a then estimated 6% prospective dividend yield. The share price rose with grace and charm to a recent May time peak of 1690p, from whence profit taking brought them down to a share price of 1627p last seen having done better that the FTSE 100 Index over six months in a bull market where risk stocks have been rising.
As you might imagine there are very few charts that I have not that even in the small caps area. Quadrise Fuels International is one of this rare breed, and looking at the present technical set up, more is the pity.
Bowleven shares have been and continue to be a personal favourite in terms of the oil and gas explorers, if only because at the start of the year they bounced just under 65p as was predicted, and then behaved themselves all the way up to a 100p plus target.
I have taken Quindell Portfolio (QPP) off my “accident waiting to happen” list as it is now in the slow motion car crash category after a set of prelims that contained some very strange items, followed by two obfuscatory “clarification” statements.
My last look at United Utilities (UU.) on a site I have now abandoned to join the winning team here at Shareprophets with all my efforts, was just over two months ago, pointing out the attractions, adding them to my shares to buy tray and suggesting it was worth looking at.
On Monday, Goldplat (GDP), the AIM-listed African gold producer, rather disappointingly warned that “EBITDA for FY2013 is likely to be materially lower than market expectations”.
There are some charting setups you have to look around a long time for, and even then they do not necessarily offer the payoff which may have been expected.
It has been noticeable in recent weeks how various brokers have been attempting to get on the bandwagon in terms of the smaller oil stocks/private investor favourites in the oil & gas area.
On April 23rd when Frontera Resources were trading at 0.9p I suggested that they might double within three months. In fact, they only rose 50% in five weeks before the rug was pulled yesterday. Can this be classed as a failure of charting?
The pain in Spain falls mainly on….everybody. But right now it is investors in a range of solar schemes that are taking an almighty beating and there is a lesson and warning here for anyone considering backing any one of those numerous solar or wind schemes you see flagged as sure-fire winners across the globe.
Last month, with its shares at 15.625p, I concluded here that the risk-reward trade off with China-focused, AIM and Aussie listed, gas explorer Leyshon Resources (LRL) continued to look attractive. The company has since announced what it emphasises as “a very encouraging early step in de-risking” its Zijinshan gas project.
The U.S. Comex gold futures rebounded 1.33 percent in the past two days to $1,415.80 on Thursday while the Dollar Index plunged 1.49 percent to finish at 81.537 on Thursday.
Are you may imagine, being a Chartist I have no other means of determining the merits of a company other than the squiggles on the screen in front of me. In the case of Fastjet it had been apparent that a recovery was on the cards, it was simply a question of timing as to when the shares would break the parameters of a bullish falling wedge formation which has been on the daily chart since the beginning of the year.
On 23rd May it was announced that Parkmead (PMG) was to buy Lochard Energy (LHD) in an all share deal worth c 4.9p per share. 41% of Lochard shareholders have agreed unconditionally but some – including the former CEO are trying to block the deal.
Notwithstanding its profits warning earlier this week AIM listed gold producer Goldplat will maintain its dividend claims house broker SP Angel and thus at 7p the stock yields 8.6%.
Alliance Pharma (APH) is in the news today as it has announced an $11.5 million (£7.5 million) acquisition of all existing rights to the ‘Syntometrine’ drug from industry major Novartis
Sanderson Group (SND), the AIM-listed software and IT services company specialising in the multi-channel retail and manufacturing markets in the UK and Ireland, has announced a pre-tax profit from continuing operations of £0.852 million (up from £0.624 million) on revenue up 3.7%, at £6.37 million, generating earnings per share of 1.84p (up from 0.87p) for the six months ended 31st March 2013.
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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