A “Pre Close Trading, Customer and Operations Update” from Surface Transforms (SCE) includes CEO Kevin Johnson stating “these results are encouraging with good progress being made in virtually all areas”. The shares have responded... er, lower to 18p…

Hello Share Squirters. The Beaufort saga has caused many shareholders a lot of anxiety. That’s not just among clients of this relatively small broker. As there are dangerous principles here which concern all investors. While I wish the administrators had offered smaller estimates of the damage expected to be done by Beaufort’s collapse.

I called Standard Listed AIQ (AIQ) lower when it announced its Open Offer and the shares have (very roughly) halved, but there is plenty more to go. This morning it announced that the offer, at 20p, had been oversubscribed but remember that the net assets per share (all cash) are around 8-10p.

Don’t say we don’t listen. The first is as a result of your feedback!

On Friday we forced UK Oil & Gas (UKOG) to fess up that it was trying to raise £5 million. It is struggling to fill that back and the shares – now just 1p-1.05p – at least partially discounts the pain that is coming. But ShareProphets readers, when polled HERE, think far worse is coming. I agree.

For its 2013 financial year, the fraud Quindell (QPP) switched its auditors from RSM Tenon – already fined by the Financial Reporting Council as a direct result of my work – to KPMG. But unusually for a firm claiming to be so large it chose the small Southampton office headed up by Senior partner William Smith to check its books.

AIM-listed Karelian Diamonds has, as I predicted HERE, HERE and HERE, announced a placing to raise £500,000 before costs. At 4.5p, that is a discount of just over 30% to last Friday’s closing mid-price. Ouch! When I first commented on the lack of cash last November, the shares were 0.375p (mid) before they were consolidated (so they were 9.375p in today’s money): I think that means it’s time for an ouzo or two over at Deputy Sheriff Towers!

A Trading update from self-styled “a leading provider of digital performance marketing”, XLMedia (XLM) includes “underlying trading in the year to date has been stable with the group actively deciding to focus on higher margin business and ceasing certain lower margin media buying activities”. Hmmm, so why a current approaching 30% share price decline, towards 120p?...

Stock market investors are now in an environment where the benign, bullish conditions of the past 35 years are highly unlikely to be repeated and investment strategies that have worked so well like passive indexing via index ETF’s are unlikely to prove robust enough for the coming reset and sizable amounts of capital is set to be lost for a very long time.

Yes, today's training session for my Woodlarks charity walk is down at the gym run by local Tory stalwart Perry. Everyone else there is a muscular body builder. Then there is me. As the muscle men laugh at my pathetic efforts please donate a tenner ( as 95% of you have failed to do) to the 32 mile 28 July charity walk HERE.  In the podcast I discuss rescuing junk mail from Oakley's piss and netting £922.77, Audioboom (BOOM) - do the maths, its looking dire even post placing for free speech denying worm Rob Proctor, Feedback (FDBK), Avanti Communications (AVN) and Inmarsat (ISAT), Jim Mellon's Fast Forward (FFWD), LightwaverRF (LWRF), PCGE (PCGE) and AIQ (AIQ).

We know that BCA Marketplace (BCA) is highly operationally and financially geared. It has too much debt. Its chairman dumped over a million quid's worth of shares at 188p – and Avril is no fool. The car market is struggling so there must be questions over earnings visibility . and yet from left field there may be a bid. Bizarre.

In December on LightwaveRF (LWRF) I noted that prior to a £5 million discounted fundraising it was cash crunch ahoy, though March-appointed CEO Andrew Pearson “look(s) forward to building a great company in the rapidly growing smart home market”. Less than two weeks ago Pearson talked of “real energy and excitement within the company as we work to leverage our market leading technology”. Now a Board Changes announcement…

Hello, Share Nappers. It was a long time ago that I sold them, but shares in Oxford BioMedica (OXB) have started doing rather well. And that is becoming more unusual for small pharmaceutical companies. So the firm must be doing something right.

Although Julie Meyer is no longer regulated to manage other folks cash, rules are for little people not for Julie “lingerie on expenses” Meyer MBE and not only is she managing her ACE fund she is lying to investors to raise another £2 million. But beware, the scale of this ponzi is revealed in the data below.

A month ago, I wrote a piece about housebuilders generally and Crest Nicholson (CRST) specifically, which concluded with the observation: "Lower prices and lower margins...that's the way forward for housebuilders. Sell 'em all". Today's formal half year numbers from Crest fully reiterate this clear theme...

Okay, VSA Resources is the house broker so it is paid to be bullish but could these shares really be a five bagger plus? Analyst Oliver O’Donnell reckons so and opines:

Hoisted by her own petard. This is boastful Julie Meyer at her very best. No doubt Martha Lane Fox, Paddy Pantsdown and Vince Cable will be delighted to see evidence of how Julie "lingerie on expenses" Meyer charmed them. But what is the killer admission here is the scale of the plunder of the ACE Fund ( other people's money) by Meyer's Ariadne Capital Limited ( now in administration).

Don’t say we don’t listen. The first is as a result of your feedback!

As the sorry saga of UK Oil & Gas (UKOG) reminds us, AIM stock promotions invariably revert to mean. The company, on Friday, announced a placing at 0.9p, pretty much the level at which the shares were a year ago before they succumbed to retail summer madness and sky-rocketed to ten times that level.

I record with Argentina and Iceland in the background on mute. Hell's teeth who on earth could support the fecking Argies? I explain the sheer torture Brokerman Dan Levi has in store for me in six weeks time and give him a reason to add to that. Andalas (ADL) is utterly worthless crap and his commentary on Friday and the statement that resulted utterly stinks. Anyhow consider how he will torture me as we walk 32 miles, feel sympathy and SPONSOR ME HERE. Then I look at Paul Scott winning an award for PR and at events at Theranos and Tesla.

Yesterday, in order to avoid a strike off at companies house Julie Meyer finally filed accounts for Ariadne Capital Entrepreneurs Investments Limited – that is to say accounts for calendar 2016! The accounts are fraudulent and there is a real question as to whether she should have been filing them at all – perhaps Andrew Duncan of administrators Leonard Curtis has a view. Let me explain.

Hello, Share Spinners. Another weekend is upon us which gives a chance to throw in a few general and unrelated thoughts about the perils and the opportunities of a very unstable share market at the moment. The main preoccupation of most of us, I suspect, is whether we should turn our shares into cash. This is not the time to turn everything into mazuma, I would suggest. But it might be wise to convert a third of our portfolio into the hard stuff.

From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2017 and thus far in 2018 (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...

I’m slightly surprised that I haven’t commented on Boxhill Technologies (BOX) this year as it was a favourite of mine in 2016 and 2017 but I have managed to access new information that is shocking even by Boxhill’s standards, namely Phil Jackson’s director disqualification due to what looks like a slam dunk VAT fraud.

Buy shares in Berkeley Energia (BKY)!  Okay that is what I think, you want to hear from veteran investor and libertarian thinker Doug Casey.

I thought I would do an update on Stuttard’s Septic Seven – a portfolio carefully selected for Marcus Stuttard, the head of AIM for him to invest his cash in to demonstrate his utmost confidence in the regulation of the system he oversees as the Sham Sheriff. The members were all companies we had Red Flagged here on ShareProphets – but not to worry, because no action had been taken and investors were still free to lose (oops, sorry) invest their cash in those shares. It is some nine-ish months since I looked at this portfolio. I wonder what has changed?

Here's my question for you this week: do you tell anyone about subscribing to ShareProphets?

Hello Book Lovers. Writing for Shareprophets. com has given me terrifying insight into the world of dark horror. So I wrote a scary novel called Black Snow.

Ariana Resources (AAU) has announced latest work at its 100% owned Kizilcukur project “continues to highlight the potential for the project to become a satellite source of ore for the Kiziltepe mine”…