Falklands Oil & Gas (FOGL) has today published a pretty disastrous statement on results from its Scotia well. The shares have plunged to 37.5p. I am sorry for those who have lost money but I warned folks to sell this at 67.5p on 19th July and again at 69.5p on 17th September. I also warned folks to bail out of fellow Falklands Play Borders & Southern (BOR) at 32.5p on August 27th. Its shares are now 16.875p. Those siren calls were greeted with hoots of Bulletin Board derision, I am not expecting any apologies or praise today. Perhaps the BB loons will not take note of the new situation today
It has today been announced that the reverse takeover of long-term disappointment, IT managed services provider, Nexus Management (NXS) has been completed and that the enlarged company has been readmitted to AIM as Enables IT Group (EIT). I need no reminding of what an appalling tip Nexus was for me. During my 12 year stint at t1ps.com MY average gain per tip was 42.7%. Nexus pulled down that average badly. So do we stick with the new group?
On 21st November AM and TSX listed gold miner Minera IRL (MIRL) announced a material upgrade to its resource estimate for the Don Nicolas project in Argentina. The Measured and Indicated Resources have been increased by 23% to 468,000 ounces of gold. The economic effect of this is to increase the life of the mine estimate, something assisted by a 14% increased in the inferred resource estimate, to 165,000 ounces of gold. This has prompted broker Fox Davies to set a target price for the shares (56p today) of 116p.I do not entirely disagree with its analysis and here is why.
I recommended shares in fully-listed Anglesey Mining (AYM) on t1ps.com, the site I founded in 2000 and edited until leaving this September to set up the Nifty Fifty. That share tip was at 11.75p in October 2009. They subsequently raced ahead and I am kicking myself for, particularly in 2011, not banking a very significant profit. Today the shares trade down at just over 7p as the company’s current key value driver, Canada-listed Labrador Iron Mines in which Anglesey holds 19.73% of the shares, has been heavily impacted by very significant late Summer falls in the price of iron ore.
Fully listed Egyptian gold miner Centamin (CEY) has today provided a market update on its various woes and at two levels it does not sound good at all. And it is not just me saying this, it seems that some brokers agree. To hoots of Bulletin Board derision I warned folks repeatedly ( when the shares were much higher than today’s 60.2p) that Centamin was a sell.
AIM-listed, South Africa-focussed precious metals miner Pan African Resources (PAF) is a big winner from my days at t1ps.com – the website I departed in September after twelve years. I recommended the shares there at 2.6875p in November 2005 and they currently trade at 20p a gain of 644%. The following reviews an announcement the company has made today about a c£50 million right issue and whether there remains more share price upside to come…
AIM listed travel leisure and property group Minoan (MIN) has not been one of my better share tips from my days at t1ps but news out this week points the way to it being, potentially, a great recovery play for 2013. At 8.375p the company is now valued at £12.6 million. That does look far too low for me and this is why.
AIM listed SnackTime (SNAK) is a terribly disappointing investment recommendation from my twelve years running t1ps.com – I tipped the shares at 145p in May 2009 and it has not been a red hot penny share. The stock is now 17.5p – I apologise. Although my average gain on that site was 42.7% there were some bad tips and this was one of them. The seller and operator of hot drink and snack vending machines across the UK yesterday announced results for the six months ended 30th September and the following reviews these and where to go from here…
Regulatory approval for EMED Mining (EMED): Great news we have been waiting so long for this news. But sadly this is not the final Spanish permits needed to get the giant Rio Tinto copper mine underway but news from Slovakia. Meanwhile broker Fox Davies reckons that the shares could treble from 10.625p to 32p. I think it is correct. But to Slovakia first.
Ortac Resources (OTC), the AIM listed developer of a gold mine in the Slovak Republic is today hosting an analysts jolly and has announced as much via RNS. Is it worth the trip? Is there value there?
My July 2006 recommendation on t1ps.com (the site I founded in 2000 and edited until this September) of shares in specialist IT recruitment group, InterQuest (ITQ) is not one which has covered me in glory. Having tipped the shares at 67.5p, they traded above 80p until economic conditions darkened in the second quarter of 2008. A low of 30.5p was hit in February 2009 and the shares again traded at sub 35p in August of this year. Having recovered a bit, to a current 49p, the company has served up a trading statement today so do you buy sell or hold?
I think that my views on fully listed Egyptian Gold miner Centamin (CEY) are well known. For me the great risk is a political one – I trust the Islamofascist Muslim Brotherhood rulers of Egypt less than I’d trust an 1970s Radio 1 DJ to do a spot of babysitting. But Fox Davies has another concern: the fuel subsidy.
Lombard Risk Management (LRM) is an AIM-listed financial services industry focussed software company whose clients include more than 30 of the world's ‘top 50’ financial institutions and almost half of the banks operating in the UK. I first recommended the shares on t1ps.com – the website I founded but departed from in September of this year to launch the Nifty Fifty – at 9.625p in 2005. They currently trade at 10p
Jubilee Platinum (JLP) is a recommendation from my t1ps.com days which has far from covered me in glory - the shares currently trading barely above 2009 lows of 7.125p. An announcement today though has sent them currently more than 3% higher to 7.875p and the following reviews this…
What is the hot and sexy word in the world of oil and gas right now? Shale deposits. They are going to transform the world as we know it and so any mention of the s word is bound to get investors licking their lips as if they had just been promised a sure fire night in the sack with the lovely Cheryl Cole.
There are five things that you need to know about AIM listed AIM Listed CPP Group (CPP). None of them should make you wish to do anything other than sell the shares as soon as possible. Firstly the company has just been hit with a £10 million fine by the FSA, secondly its balance sheet is now severely holes, thirdly earnings visibility is nil and finally a takeover approach it says it has received will almost certainly come to nothing.
Shares in UK-focussed healthcare and business management software and services company Advanced Computer Software (ASW) were recommended on t1ps.com (the website I founded and edited until September of this year when I left to set up The Nifty Fifty) at 34p in September 2010. They have risen consistently since to currently trade at 62.75p – not far off recent highs of 63.75p. Ahead of results for the six months ended 31st August 2012 expected next Wednesday (28th November), the following previews what we can expect…
I tipped Cluff Gold (CLF) in September 2011 at 96p on t1ps.com, the website I founded in 2000 and left three months ago to set up the Nifty Fifty website. Like most AIM listed gold shares Cluff has taken a beating, and now changed its name to Amara Mining (AMA), but the shares have rallied in recent days and are now at 63.25p following the release of a new resource estimate for the Baomahun project. Those who nibbled at 58.5p the other day after I published a detailed analysis here will be feeling reasonably happy.
Accumuli plc (ACM) is a UK-based IT security software and services provider – shares in which were recommended as a hot share tip in May at 11.125p on t1ps.com, the website I founded in 2000 and worked for until September when I left to set up the Nifty Fifty website. The company has today announced results for the six months ended 30th September 2012 and the following reviews these and the current investment case with the shares now at 10.5p.
hares in AIM listed tech play, InternetQ (INTQ), a provider of mobile marketing and digital entertainment for mobile network operators and brands, were a February 2012 recommendation on t1ps.com – the website I departed in September, 12 years after founding it, in order to set up the Nifty Fifty. Having fallen back in the second half of this year, the shares are, at 182.5p, now little changed on the initial t1p price. The following takes a look at the outlook from here…
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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