On April 23 Frontera Resources were called two double on a three month view here on ShareProphets - they were then standing at 0.92p.
Equities are my bag but I start with bonds. They are a bubble asset class. The bubble will burst. Warren Buffett is correct.
Range Resources (RRL) today announced that its associate, Citation Resources, in which it has 24% indirect interest, has reported the results of its well test on the Atzam #4 well.
Environmental products company Straight plc (STT) has announced it “has successfully refinanced its existing facilities in a three year financing agreement, that will expand working capital facilities to fund future growth”, adding that “we look forward to further updating the market at the preliminary results”.
Condor Gold has announced the results from the latest metallurgical tests on ore samples from its 2.4Moz La India gold project in Nicaragua.
VSA Resources has initiated its coverage of Palm Oil producer REA Holdings (RE.) at 399p with a detailed 20 page note explaining why the shares should be at 500p.
Shares in AIM-listed identity technology company GB Group (GBG) have been strong performers since 2009 lows of 16p and having traded below 60p as recently as May 2012, they currently trade at 97p – capitalising the company at £105.5 million. This follows results, released today, for the year ended 31st March 2013…
Even if I live to be 99 I may still be asking why there was a need to question ask the question “Range Resources: A Buy Under 3p?”
It would appear that the name of the game as far as speculating successfully in the small/minnow area is to be able to time correctly when a company such as Magnolia Petroleum will deliver the second leg of a recent spike in the share price.
Bull and bear traps are very often the bread-and-butter of charting techniques, especially given the way that most traders when wrong footed will not then reverse the position and benefit from price action they may have lost money on.
The 200 day moving average is traditionally the benchmark as far as determining the trend for stock or market. Therefore as far as Extract Energy is concerned at the moment, its first break of the 200 day line 2 years has to be regarded as a significant technical watershed.
One of the more difficult challenges as far as stocks or markets are concerned is to call time on an extended bear run. In the case of ECR Minerals it can be seen that there has been an extended drift since the through last summer's double top through the 0.8p level.
As can be seen from the daily chart of Forbidden Technologies, the shares had their time in the limelight going into the start of 2012. Those lucky enough to be on board an unfilled gap to the upside from the 20p's were treated to a Happy New Year at a peak for the shares towards 50p.
Global Petroleum (GBP) has a relatively low cash burn and right now has more cash (£14.8 million) than, at 6.625p, its £13.2 million market capitalisation.
DJ Zak Mir takes a technical look at the latest "hit" from the satellite communications group.
It is now been almost two and a half years since the glory days of Ural Energy when the shares were trading at 18p plus at the beginning of 2011. The issue now is whether after what seems like an interminable period of unwinding/ de- ramping and a general imposition of misery to the bulls, the time has finally come for a sustained turnaround and a possible retracement of what has been lost?
I was delighted to find out that tungsten/gold miner W Resources as its assets focused in the Iberian peninsula-Spain/Portugal. This implies that there is at least some form of wealth creation going on in the "bailout zone" even as the local inhabitants await the arrival of the ECB helicopter money drops.
As someone who is realistic about how doomed the environment is, and who would like to see Global Warming take us back towards the levels of the Holocene Climate Optimum, I have no fear of fracking.
How do you fancy hearing talks and jokes from Evil Knievil and Lucian Miers? How do you fancy seeing the 2013 AIM Cesspit awards handed out to the companies and CEOs who have made the bottom end of AIM the joke that it is?
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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