To run a junior oil company which claims to be sitting on reserves greater than those of Shell and to claim furthermore that this is only scratching the surface, takes a fair amount of self-belief.
It has to be said that I am not exactly feeling the love as far as the bulletin board community are concerned, given my recent sell stance on Gulf Keystone and the worst case scenario 10p share price target.
Avon Rubber produces a range of rubber products largely for the defence and dairy markets.
The fallout from the Teknomining Scandal and the growing belief that US Oil & Gas (USOP) will turn from comedy to tragedy ( while remaining a long running farce) has had a knock-on at Great Western Mining (GWMO) a company also from the Liam McGrattan stable listed on the AIM cesspit.
Following the publication of weak interims in March by tech stock K3 Business Technology (KBT), house broker finncap adjusted its forecasts but argued that the shares were, at 99p, very cheap and actually worth 195p.
How to get the most out of this site? It is easy: Step one is if you are on twitter – follow us @shareprophets and every time a new article or video appears on this site you will get an alert .
My last review of BAT Industries (BATS) was a bullish one, having examined the management strategy of this large and important international business geared as it is, by common consent (entirely reasonably so) to a long term, irresistible decline demand for its products. I noted at the time that analysts estimated on a consensus view that sales revenue would grow by 20% over the two year 2013 and 2014 to an annual sales figure of £16.7 billion by the end of next year along with a 20% increase in earnings and dividends to 248p and 162p respectively estimated for the year to 31 December 2014.
Despite the above average gambling aspect of its unusual business model and payout policy, my instinct is to add the shares to my 'shares for buying list', on the limited ground (not too hasty I trust) of first quarter trading; the explicit confirmation of continuing financial strength and an estimated ‘super normal’ prospective dividend yield of 6.9%.
While it is clear from the daily chart of Pentagon Protection that the shares are not exactly blessed with high trading volume, they have ticked most of the boxes you would wish to see for a stock or market to qualify as being one of the more compelling bull plays around.
Back on the Cesspit AIM market I see that the biggest faller today is Oracle Coalfields (ORCP) whose shares are off 13% at 1.55p valuing the company at £5.01 million.
I have successfully followed international engineering and construction group Kentz (KENZ) before – from a share price of 154.5p in July 2009 until a recommendation to bank profits at 346.5p in January 2011.
It is very often the case that as fire as minnows / penny shares that move around in fractions of pennies, there is not as much as one would like to go on in terms of charting furniture. However, it could be said that in this respect Coms (COMS) is the Heals of charts currently, given all the signals we have to go on, with most people positive or very positive.
Antofagasta has announced its March quarter production figures. The group produced 183.8 kt of copper, 2.6kt of molybdenum and 86.2k oz of gold for the quarter.
Infamous Bear raider Evil Knievil may be licking his wounds having lost more than a quarter of a million pounds on shorting ASOS (ASC) as we revealed here but the old boy is not deterred and has opened a major new short, we can exclusively reveal.
As we learned from the death of Baroness Thatcher, the mark of greatness is when you are insulted via social media. I can proudly announce that over the past 24 hours this has happened to me on Twitter.
AIM-listed Kryso Resources (KYS) is one of two current constituents of the Nifty Fifty gold portfolio and a rare gold-focused company whose share price has not been too badly impacted in recent times – the shares at a current 32.125p are ahead on a 1 year basis and not vastly off their 2013 high of 35.375p.
We can exclusive reveal that infamous bear raider Evil Knievil has thrown in the towel on his attempts to short online retailer ASOS (ASC) and has closed his short.
At one stage in the recent past it did appear that tour operator Thomas Cook (TCG) may be heading for that Great Package Holiday in the sky, with the share price touching as low as 13p at worst.
ShareProphets can reveal that infamous bear raider Lucian Miers has added to his short in Renishaw after today’s trading statements.
In 2011 and 2012 AIM listed Gulf Keystone (GKP) held its AGM in Paris. This year it is to be in Bermuda…why the switch?
The May edition of the UK Investor Show Magazine is live featuring three share tips from Gary Newman, the Greek meltown is worse than everyone thinks, and the EU is not fit for purpose plus a photofeature from the 2017 UK Investor Show.
The busting of a placing by AIM-listed UK Oil and Gas (UKOG) at 1p by Tom Winnifrith has caused a bit of controversy. It is not the first time he has been accused of being irresponsible by blowing the lid on a placing only for it to be pulled or the price dropped. Anyone left holding the baby gets their fingers burned – in the recent example quite badly if they had been buying into the ramp at north of 1.4p only to see the company raise cash at just 0.8p. Is it right?
The nauseating Mail on Sunday fawned upon Pippa Middleton and her ghastly family as they celebrated the "wedding of the Year". Bring on the revolution! But perhaps the real wedding of the year should be between our two very own in-house Bulletin Board Morons GrannySnuffs & Wildes who seem made for each other. can you find examples on the LSE Asylum, iii, ADVFN or twitter of comments more idiotic than those of our own dream team? If so post in the comments section below, the deadline is midnight Sunday 28th May.
Having bought itself some time by declaring an initial sack-the-board General Meeting requisition “invalid” (a revised, valid requisition announced by it at an attempted ‘no one watching o’clock’, 5:15 pm, on Friday), Infrastrata (INFA) has this afternoon made a “Review of stategic options & project update” announcement...
AIM-listed travel agent and wannabe Greek holiday resort developer Minoan (MIN) announced a small bolt-on acquisition this morning….and a placing. Oh, and an update on its debt facility due to expire at the end of June. It is disappointing to see a placing (at 9p), but in the general scheme of things it is a relatively small amount so the pill is sugared to some extent.
It was a keen competition this week. But we have found a winner.
Take a look! European investors are clearly failing to grasp the very significant financial and commercial benefits available for Orphan or Rare Disease drug developers. So much so in fact, that sector-focussed Amryt Pharma (AMYT) finds no quoted peers in London, yet a good basket of NASDAQ-listed comparables are seen to command a significant premium despite mostly being pre-revenue and somewhat earlier in their development. Such anomalies can and, of course, do rapidly correct.
Any reader of my pieces will know I hold Challenger Acquisitions (CHAL) in pretty low regard but the outrageous ramping that has now gone on for the last four trading days is an absolute disgrace and the FCA should take a look. I’ll explain.
I have already covered the dire financials of Eden Research that indicate it is just months from trading whilst insolvent as well as its panning by the Financial Reporting Council (FRC) - in response to my urgings. Now to today's monstrous half truths - I am perhaps being 50% too charitable in that description.
Eden Research (EDEN) has today published godawful results and admitted that my very good friends at the Financial Reporting Council (FRC) investigated it - after I requested such an investigation - and have forced it to restate past numbers. It claims that the FRC has now settled all matters. Au contraire. that is another lie from the fraudsters and there are many more porkies in this statement. Truly, the pants of shamed PR Paul Queenie McManus of Walbrook will be cinders and ash after this effort. This all came out as Eden published Godawful numbers for calendar 2016.
The sold-out success that was the 1st April 2017 UK Investor Show again saw five 'Dragon's Den' sessions where a number of CEOs each gave a pitch and three Dragons each picked one stock for a £1,000 investment. How are they faring so far?...
With some great investigative journalism of which this website would have been proud, Brokerman Dan flushed it out a few weeks ago. The former bank robber - correctly - stated that Andalas (ADL) was looking to raise £1 million at 0.06p and the AIM listed crock of shit suspended its shares. Today they are unsuspended after the company raised £600,000 at 0.1p. It says this is at a premium to the suspension price. But it is a spoof, Andalas is still bust. It is insolvent as of today!
Malcolm Stacey is old enough to know about King Canute. In fact he is so old that he was there as a boy when the King sat in his chair on the beach and attempted to turn back the tide. Malcolm surely you remember the day as if it was yesterday? In which case why do you forget this valuable lesson when it comes to Inmarsat (ISAT) and your article today in which you misquote me and get it wrong in so many other ways.
"A credit crunch is brewing and when it happens, the UK is going to get hurt." These are not my words but the start of the Editorial in this weekend’s Guardian. The article then went on to say "That is the message emerging from senior executives in the financial services industry, who do not think Britain has changed that much since the 2008 credit disaster and the devastating crash that followed. Three developments lie at the heart of this disturbing analysis: spectacular growth in the sale of second mortgages, car loans and credit cards." I would heartily agree with these comments as this is my experience too. But what the article fails to say is that the UK is not alone in this debt bubble - once more it is a Global issue.
Hello Share Scoopers. There have been quite a few occasions now that I’ve commended a Footsie satellite company to your attention. On each mention, as I recall, the share grew in value. However, last year the shares took a big knock.
One of the most fascinating scenes I’ve seen for some time is the sight of Big Donald jigging around with some sort of weird entertainment put on by the Saudi’s for the President's visit. It almost made me forget the big benefit of this amiable state visit on share shifters like us. And that of course is that the President’s friendly reception sent the oil price up.
An announcement from Corero Network Security (CNS) with a headline “Corero Tier 1 Internet service provider customer GTT Communications, Inc. launches DDoS Mitigation service”. Then “further to the announcement on 19 April 2017 regarding a Global Tier 1 Internet service provider customer win… announces that the customer, GTT Communications, Inc. (NYSE: GTT), has launched its DDoS Mitigation service”. “Global Tier 1” now hey! And you what? The contract win has already been announced? Ramptastic…
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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