UK 10:22 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
It is London Buses time once again here on ShareProphets.com. A quiet few days on the AIM-China Filthy Forty and then all of a sudden three dreadful RNSs all come at once. Nine Filthy Forty members have already departed stage left. Three more are on death row following Nomad resignations – China Chaintek (CTEK), ARC Capital (ARC) and Global Market Group (GMC) which receives its last rites today. And now today two further China plays announced dire news, JQW (JQW) and Vmoto (VMT) as well as a potential bidder walking out on Geong (GNG) in the wake of a few issues with revenue recognition. No doubt the auditors there (UHY Hacker Young) will be shown to have acted with all due care.
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Comments
BobTheOtherGeek
“One assumes that would include full functionality. Hey ho….”
As Nigel surmises that is indeed the case. It would appear that it is just the Home Page that carries the ‘maintenance’ message. The underlying pages are still linked to and available. Sample of one but I do not doubt that the rest are still there in all their Pyramid Glory.
You might consider contacting…
Cairn Financial Advisers LLP (Nomad & Broker)
Sandy Jamieson / Liam Murray
Tel: +44 (0) 20 7148 7900
for a copy of the Suspension Notice and contact details of the Chinese Issuing Authority in order to verify something has not been ‘made up’ in an effort to ‘disappear’ £40 million of AIM Private Investor Money.
If Cairn cannot deliver then….
alcira16247
Nigel
Warm applause to the the hard working admirable ShareProphets team fighting unceasingly in highlighting to those that will listen and heed the inherent dangers of investing in these Aim listed Chinese Frauds. Anyone with the sense to have read Mr Winnifrith’s rolling commentaries on these worthless POS’s would have saved themselves a fortune!
However, am I the only one feeling shamed by our Chancellor, the Rt Hon George Osborne, frantic licking of Chinese bum clefts? One can safely assume he hasn’t a clue about these Chinese scams perpetrated on Aim! So, its going to be pure fantasy thinking he’d actually raise the matter with the Chinese Government?
Nope, its going to be up to the brave journalists at ShareProphets to fight the small investors cause…… yet again!