UK 22:16 Monday, 19 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Power and data transmission products manufacturer Volex (VLX) has issued a trading update headlined “Record first half revenue with growth in every end-market and further margin progress; FY2027 profit expected to be towards the upper end of current market expectations”. So what about a current share price response approaching 9% lower to below 600p?
In today's podcast I look at BSF Enterprise (BSFA), Amaroq (AMRQ) and the dividend question, Valereum (VLRM), Invinity (IES) and Technology Minerals (MNTL).
Sulfur battery technology company Gelion (GELN) has issued a “Strong Independent U.S. Validation of Gelion's NES”-titled announcement but, with the company’s market cap only having been around £30 million, how “strong” really is the ‘US validation’?
On the Investegate platform where many of us read our diet of RNS statements these days, one is now provided by an AI summary of what is in the actual RNS. It strikes me that AI is not as clever as the bear raider Evil Knievil and given how conceited EK, aka Simon Cawkwell, is, I’m sure he’d agree.
Technology Minerals (MNTL) today fesses up that HMRC has submitted a winding up order against its 48% owned Recyclus subsidiary. It says it has found an external investor who will back Recyclus to settle the HMRC debt and that it will then convert part of the £9.6 million it is owed by Recyclus into shares to maintain its holding at 48%. So far so good. This is all about trust.
Before you laugh too much about my devastating bear call/warning of a bailout placing of less than six weeks ago when the shares were 21.75p, remember that three placings ago the City’s most conceited stockbroker persuaded the grateful taxpayer to pony up half of a £56 million placing at 28p. The Tory green wet dream has met reality. The Government always makes Bernie Madoff’s biggest fan Nicola Horlick, look like Warren Buffett when it comes to stockpicking.
Another day and another RNS from Bluebird Mining (BMV) and it is one which potentially opens up disgraced CEO Sath Genesarajah to another personal liability.
Most recently on self-described “global provider of human capital and business improvement solutions” Mind Gym (MIND), last year with the shares down to 11.5p I noted customer caution and concluded still avoid/sell. The shares most recently closed at 5.875p and now a “trading update” commencing emphasising “strategic progress” but what of the shares a further more than 10% lower in response?
In part 1 Lucian Miers explained why a perfect storm was brewing for a stockmarket crash. In part 2 he offers 3 stock short ideas but then also looks at the wider implications of a crash,.
When wine ponzi Cult Wines goes tits up my prediction is that the Sunday Times or another member of the deadwood press club will run a big splash asking “ why did nobody spot the red flags as £30 million went up in smoke?” Of course I have warned repeatedly. If you are tempted to part with your hard earned go to both Companies House and TrustPilot. If you are in the deadwood press and you are bored of recycling press releases you could do what you are meant to and go there too.
This podcast with myself and Lucian Miers comes in two parts. In this first part we explore the perfect storm for a brewing stockmarket crash at least as severe as that of the GFC but possibly of 1929 proportions. Enjoy.
I start with a few culinary notes then some genuine questions for progressive readers about Syrians in the UK. Then to a two part podcast special with Lucian already recorded and with Darren for upload. How, if Lucian is right, do you prepare for a stockmarket crash and what is his top UK short, a £300 million zero.
Afentra (AET) has continued to show good progress at its operations producing oil from its assets in Angola, which it has steadily added to over time.
Gold closed the week at $4,164 – down a little from last week’s $4,194 but essentially boxed in between $4,100-4,200. Gold stocks continued a general downward ski-slope which has been in place since late August, but managed a bounce this week after setting another new low, as can be seen on the chart below (courtesy of ADVFN) of Gold against its mining ETFs GDX, GDXJ and GOEX.
It’s the ShareProphets Sunday Pub Quiz. There are no prizes! And no Googling!
