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EnSilica – “Design & Supply contract award” but what about a results announcement from this supposedly one of the “Best Use of AIM” companies?!
Describing itself as “a leading chip maker of mixed signal ASICs”, EnSilica (ENSI) has announced what CEO Ian Lankshear emphasises is “another excellent win for EnSilica, further underpinning our position as one of the leading custom ASIC suppliers for industrial and automotive applications… adds to the strong portfolio of ASICs we have in the design phase, further supporting the visibility of our recurring revenues”. So what of a share price currently up towards 50p in response?- By Steve Moore |
- 7 hours ago |
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Tom Winnifrith Bearcast: the Mrs comes down with severe TDS
I fear she is not alone, it is sweeping the UK: boy did I get a lecture yesterday. After recalling that earbashing I look at Victoria (VCP) ,target still 0p, Victorian Plumbing (VIC), Tern (TERN) where the share price action stinks and Audioboom (BOOM) which will end in tears as record Q3 revenues are vanity.- By Tom Winnifrith |
- 9 hours ago |
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Victorian Plumbing – “Trading Update”… and May’s “significant strategic value” £22.5m acquisition to shut down!
Describing itself as “the UK's leading bathroom retailer”, Victorian Plumbing Group (VIC) has issued a “Full Year Trading Update & Notice of Results” announcement commencing that it “is pleased to report that revenue for FY24 increased by c.4% on the prior year” and including “we have increased profitability, as our higher margin own brand proposition continues to resonate with customers”. What about this from a current 110p share price?- By Steve Moore |
- 9 hours ago |
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While my Electric Guitar Gently weeps, only for utter suckers My Sweet Lord
In a recent article, I criticised Electric Guitar (ELG), an AIM Listed company which describes itself “the digital marketing and advertising company providing first-party data solutions” for their failure and that of its auditor Johnsons to properly account for the loan instrument by failing to properly record the effective interest due under that instrument.- By Tom Winnifrith |
- 9 hours ago |
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BOMBSHELL: Active Energy and the Charlton Dossier, what on earth is AIM allowing now?
I revealed back in late July how, having burned £31 million since 2017 at Active Energy (AEG), Michael Rowan had turned down a £200,000 investment from a credible City figure which would have created a cash shell. Rowan put his own needs first. This morning Active has announced that it had secured a £125,000 funding. I suggest that Nomad Allenby and AIM Regulation have not done a scintilla of due diligence- By Tom Winnifrith, the Sheriff of AIM |
- 11 hours ago |
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I agree with Tony Blair: it’s time to scrap AIM
It is not often that I find myself in agreement with the old war criminal. In fact, this might almost be a first. But the Tony Blair Institute and right wing think tank Onward claim that the AIM Cesspit is not fit for purpose and should be scrapped.- By Tom Winnifrith |
- 12 hours ago |
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BREAKING: Former director Pitchford, Vast Resources will not get a cent out of Zimbabwe for its diamonds
Roy Pitchford was a director of Vast Resources (VAST) for three years up until 2017 and is a Zimbabwean so knows all about the diamonds supposedly sitting in the Central Bank which Vast has been about to retrieve and monetise imminently for 18 months. Now in an email which I has landed with Winnileaks Pitchford explains why Vast will not be able to monetise them in a meaningful way so cannot repay its overdue death spiral debts.- By Tom Winnifrith, the Sheriff of AIM |
- 12 hours ago |
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Tom Winnifrith Bonus Bearcast: More beer and popcorn for Pete Brailey as Probiotix lashes out at Optibiotix
I have sent this podcast to all concerned hoping that Adam Reynolds will man up and stop this insanity. It is all very amusing for neutrals like Fag Ash Brailey but for we shareholders in Optibiotix (OPTI) and Probiotix (PBX) it is madness, I suggest what needs to happen including the sacking of Optibiotix chairman Neil Davidson.- By Tom Winnifrith |
- 12 hours ago |
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Robert Walters – “continue to aim for a profitable full-year outcome”, but market conditions “challenging”…
Recruitment business operating in 31 countries Robert Walters (RWA) has issued a “Q3 2024 Trading Update” including stating “client and candidate confidence levels yet to show signs of material improvement”, though also “balance sheet remains strong, with net cash of £50m (excluding IFRS 16 leases) as at 30 September 2024 (30 June 2024: £49m)… the programme of actions underway mean we continue to aim for a profitable full-year outcome”. What about this from a currently further down to around 340p share price?- By Steve Moore |
- 12 hours ago |
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A failed fund manager "massacres" popular myths
No not me silly, it is disgraced Neil Woodford who today turns his great brain to myths starting with the supposed £22 billion black hole.- By Tom Winnifrith |
- 14 hours ago |
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Less than three months to go, tips of the year update...
Following tips of the year success last year, I repeated the selection strategy this year and most recently updated on them at the end of August. What’s the situation now, including after subsequent financial updates from both of the selections?
- By Steve Moore |
- 1 day ago |
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PageGroup – Q3 update, how’s the argued “believe we will continue to perform well” going now?…
FTSE 250 professional recruitment business PageGroup (PAGE) has issued a “Third Quarter 2024 Trading Update” including that it “expects 2024 operating profit to be broadly in line with current market consensus of £58m” and that it is ensuring that it will be “well placed to take advantage of opportunities when market conditions improve”. So what about a share price currently further down towards 360p?- By Steve Moore |
- 1 day ago |
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Tom Winnifrith Bearcast: a belated sell and an apology on one I got very wrong
I start with gold and why I am bullish but not putting more money into small caps like Ariana (AAU) and Kefi (KEFI) yet but stocking with Amaroq (AMRQ) to treble and Centamin (CEY). Then it is more legal problems for the Bluejay (JAY) gang revealed, Coral Products (CRU) and Oxford Biodynamics (OBD).- By Tom Winnifrith |
- 1 day ago |
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Thruvision – “Half year trading update and Board changes”, how’s that previous “expectation that we will reach profitability in the short-term”?
Describing itself as a “leading international provider of walk-through security technology”, I most recently wrote on Thruvision Group (THRU) in April with its shares at 17.5p concluding sceptically on its then-stated “expectation that we will reach profitability in the short-term”. The shares most recently closed at 16p and what of now a “Half year trading update and Board changes” announcement?
- By Steve Moore |
- 1 day ago |
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The President Putin bull case for gold as explained by SP Angel
Though I pray for a victory on November 5 for Donald Trump I’d be among the first to admit that whoever wins the US election will continue running vast deficits which will undermine, perhaps fatally, the US dollar. And that ultimately is good for gold and why I own a raft of gold stocks in my portfolio. But is there also a Putin bull case for the yellow metal. Broker SP Angel suggests that there is and opines:- By Tom Winnifrith |
- 1 day ago |
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Vast Resources: Does fatty Cornish have no shame after another pump and dump placing
As it is about elevenses I imagine that Roland “fatty” Cornish is at this moment wandering over to the office biscuit tin and wondering out loud, with a vague sense of guilt, where all the chocolate hob nobs have disappeared to. As he sends a gopher off or fresh supplies he might consider today’s placing from Vast Resources (VAST) and whether the events leading up to it have done anything to change HIS reputation as London’s worst Nomad- By Tom Winnifrith, the Sheriff of AIM |
- 1 day ago |
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Coral Products – “now expected to record a loss”, argues financial ‘resilience’ but detail that dare not speak its name?
Most recently writing on plastic products company Coral Products (CRU), last month with the shares down to 10.25p on the back of the company’s results for its year ended 30th April 2024 I concluded that it was not further trading performance comfort at that juncture for me to reconsider from avoid. What of now a “Trading Statement”?
- By Steve Moore |
- 2 days ago |
Video: Raising The Alarm, Why The Western World Must Change Course or Face Decline
Forecaster and author David Murrin is not a terribly cheery fellow.- By Tom Winnifrith |
- 2 days ago |
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Eight Capital Partners – Non-Executive Director resignation, yet another big red flag
Today Eight Capital Partners (ECP), the technically insolvent company run by prospectus fraudster Dominic White, announced that Gemma Godfrey an independent non-executive was resigning from the Board as follows:- By Tom Winnifrith |
- 2 days ago |
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Emmerson: this looks terminal: don’t go bottom fishing
Emmerson (EML) shares have crashed by 73% today to just 0.7p but so many worthless pieces of confetti are in issue that the market cap is still c£8 million. Don’t go bottom fishing for the news is disastrous and potentially terminal.- By Tom Winnifrith |
- 2 days ago |