Two seasons have arrived simultaneously: Spring, and the reporting season for Banks. The bank’s first quarter figures have been delivered along with some cheerful late arrived sunshine. In the real world of long delayed warmth and sun, things suddenly seem wonderfully natural and uncomplicated to the average, well adjusted, individual feeding his mossy lawn. Daffodils are daffodils and cherry blossom is cherry blossom. “Oh to be in England…etc.”
With the first quarter’s results from Astra Zeneca (AZN) the curtain has gone up for the first act of what we all know will be a tough and difficult year; a stock market version of Gounod’s Faust but with a happier ending we trust.
Just when will investors realise how good the potential is for Nostra Terra Oil & Gas? (NTOG)
Right now resources stocks listed on the Cesspit AIM market have a sort of Freddy Starr status.
The U.S. Comex gold futures fell $122.70 and 7.69 percent in April, representing the largest sell-off in gold since December 2011 when the gold futures fell over $200 intra-month.
A couple of months ago when Afren was trading near 150p and there was bid speculation in the air, I called the stock higher on technicals.
Medusa Mining was one of the heroes of its particular sector going into the 2010 – 2011 metals bubble, but at least the winding down process until now has been relatively orderly.
Rather like the road to hell, the technicals of Jubilee Platinum over the past couple of years have been paved with good intentions.
While dissing the likes of Gulf Keystone (GKP) or Xcite Energy (XEL) can instantly lead to one having the popularity of an Operation Yewtree suspect, it beggars belief that despite a crushing share price collapse over the past couple of years no one appears prepared to admit that the bull argument died around the same time as the parrot in the Monty Python sketch.
Norseman Gold (NGL) has been kicked off AIM.
The history of Australian companies seeking a dual listing on AIM is not a happy one. With a vibrant mining sector in the land founded as a penal company, as a rule good companies have no need to travel to London to tap up British investors via the AIM cesspit.
The bad news just seems to keep on coming for the small cap resource sector. Share prices are in the dumps, funding is hard to come by and some companies are starting to exhibit signs of severe stress.
What the heck is the FSA called these days? Whatever. A reliable source has told Shareprophets.com that the UK regulatory authorities have been asked to investigate whether the listed asset stripping fund Damille fronted up by controversial corporate financier Brett Miller has breached concert party rules in relation to AIM listed 3 Legs Resources (3LEG).
AIM-listed AdEPT Telecom (ADT) is a company I have followed for a number of years now – this including covering it for a website I formerly wrote for and, more recently, on the Nifty Fifty (for details click here) – where the shares were added to the Penny Share (sub £20 million market cap) portfolio at a 54p offer price in November.
New World Oil and Gas’s (NEW) latest failed (ahem, sorry, “non-commercial”) attempt at finding oil in Belize has left many wondering at what point does a management team go from being very encouraged about a drill in progress to deciding not to test at all?
Greece is always a good place to think and think I did in spades last week. And so to the announcement. I am gay. I have been struggling for …. No only kidding.
Steve Moore and I tipped Adept Telecom (ADT) a couple of months ago at 54p to buy on our Nifty Fifty website and so naturally we are pretty happy about its cracking trading statement today which has seen the shares surge to 82p in the middle.
I described earlier in the week the disgraceful tale of Astar Minerals (ASTA), a sorry saga of investors getting screwed by advisers and directors banking fees
I commented after Greggs plc (GRG), the UK’s leading bakery retailer, announced results for 2012 last month that, with the shares at 492p, a continuingly unfavourable growth outlook meant the overall investment proposition did not strike me as attractive.
A 6 months sales jump of 34% would suggest that my lifestyle guru Evil Knievil may find himself in the King Canute position as far as his bear trade in fashion retailer ASOS.
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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