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Latest News

PFD

Premier Foods: if you turn down a good bid...

I read in today's Sunday Times  that:  'An activist hedge fund has opened fire on the boss of Mr Kipling cakes maker Premier Foods (PFD), accusing him of leading the company into a "zombie-like state" through "five years of failure" '

REAT

React Group – interims note “difficult” market conditions, but suggest better performance to come - BUY

React Group (REAT) has announced results for its half-year ended 31st March 2018, including “market conditions have been difficult and the company has also gone through a period of significant change… the board is optimistic the changes being made will deliver value for shareholders in the future”

Bearcast
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Tom Winnifrith Bearcast: Tesla, Tern, Lucian Miers, a stockmarket bubble and another BJ for Neil Woodford from the Mail on Sunday

On my 24 mile walk with Lucian - a bit of a disaster as the last five miles were unplanned and very painful as described here - we discussed Tesla, Tern and the stockmarket bubble. I ponder that and then discuss a total Blow Job splash for Neil Woodford in the Mail on Sunday, a disgraceful day for "journalism."

Bear
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5 Slam-dunk sells for 2018 – will we see a casualty this week as results deadlines fall due?

So far my 5 sells for 2018 have offered mixed results, although the average performance as at the end of May was -15%. As we approach the end of June we have results due: might we see a casualty or two?

TERN
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Tern – DA Security Blueprint, but still no numbers. Still a sell.

AIM-listed jam-tomorrow investment company Tern plc (TERN) announced on Friday that investee Device Authority’s (DA) strategic partnership with Thales has developed to a healthcare IoT security blueprint. We are told it represents a significant milestone, but once again there are no numbers. What is the profit split between Thales and Device Authority, for example?

GGP
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Yet another pump is underway at Greatland Gold

The longer you follow the lower end of the AIM market, the more you realise that big share price movements are often more a result of a concerted pump than related to actual news that has been released.

Newsboy

Notes from Underground: Apparently there are other websites out there. I do not entirely believe this.

Here's my question for you this week: what non-shares-investiing site do you look at every day that your fellow ShareProphets members may be interested in. 

HAYD

Haydale – (almost) no-one-is-watching o’clock holdings in company tells you what you need to know

AIM-listed Haydale offered a terrible trading update the week before last, announced the CEO was moving aside and we know it needs to raise cash. In that context, the ramptastic pre-placing RNS Reach of Tuesday and a sub-£9,000 director’s-wife’s buy announced on Wednesday would appear to need taking with a large pinch of salt. Last night, at 4.20pm, however, we learnt that Legal & General had been selling.

WPCT
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Woodford Patient Capital Trust: The Big Short (May update) – Shocking non-disclosure as debt now out of control

Yesterday afternoon, Neil Woodford released his end-May portfolio updates and associated fund factsheets which highlighted the challenges facing Woodford Patient Capital Trust (WPCT) in the coming months as its debt position is now almost untenable, not that Woodford has disclosed as such.

PURP

Table of shorted AIM shares - week to 22/06/2018

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...

RBS

The Force of Headwinds Is Strong in This Bull Market, Luke Skywalker

Hello Share Pushers. Another week's gone by. Another seven days in a very long, but rather slow bull market. Actually, the Footsie's performance recently has been poor, so should we see that as a sign of a ne w bear market? Must we change at least a few of our shares into cash? I would say ' yes' for the following reasons.

Bearcast
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Tom Winnifrith Bearcast: the fraudster's best friend in journalism, Ben Harrington, does his master's bidding again

In today's podcast I cover in detail Telit (TCM) and also look at MySquar (MYSQ) partially in light of today's stunning news HERE. I look at Audioboom (BOOM), Frontera (FRR), Woodford Patient Capital Trust (WPCT), Prime People (PRP) and 88 Energy (88E). Tomorrow I will be bored to death by Lucian Miers, he will drone on about West Ham for 6 hours as we complete a 19 mile training walk from Bristol along the Avon to a few miles past Bath. I am building up to my 32 mile walk for Woodlarks with Brokerman Dan on 28 July. Think of my suffering tomorrow and please donate a small sum HERE.

PRP

Prime People – full-year results lower… but outlook encouraging?

I cautioned again on shares in specialist recruitment company Prime People (PRP) in November – half-year results, expects some second half improvements BUT…. The company has now announced results for its year ended 31st March 2018…

MYN

Mayan Energy – sack the entire board says No 1 oil analyst Zac Phillips

In his morning email to his esteemed clients,  Zac “The Knife” Phillips, of SP Angel, the UK’s no 1 oil analyst, has utterly ripped into Mayan Energy (MYN) demanding the sacking of the entire board. The great man opines:

MYSQ
premium content

Exclusive: The MySquar boss and his private company and the $8.5m fraud law suit revealed

Below I republish a legal printout from Singapore where four days of Court time has been reserved for MySquar (MYSQ) boss Eric Schaer and his Rising Dragon company ( which is and has always been involved with MySquar as a loan provider) as they stand accused of fraud from a party claiming back $8,750,770 – a lot of dosh. It gets worse.

TRT

Transense Technologies – General Meeting approval for new equity… but just how long will the new funds last?

Transense Technologies (TRT) “is pleased to announce… application has been made for both the existing 9,548,948 ordinary shares (post share reorganisation) and the 2,500,000 placing shares to be admitted to trading on AIM”. This follows, on previously writing on the company in February, I questioning is it cash crunch ahoy?...

CTEA

Catenae Innovation – proof-of-concept agreements & management appointments. All Good: BUY

Catenae Innovation (CTEA) has updated including proof-of-concept agreements for its Trust in Media joint venture and its ‘OnSide Pro’ solution and management appointments…

IOG
premium content

EXCLUSIVE: Is Peter Young of Independent Oil & Gas Britain’s greatest share trader or an insider dealer? You decide with Winnileaks

Peter Young was the co founder of Independent Oil & Gas (IOG) and until March of this year sat on its board. He is still its “head of Business Origination.” He, and his wife Fiona who works for charity Social Enterprise UK, are either the UK’s greatest living share traders or just plain insider dealers.  The stock in question is Rock Rose Energy (RRE) and I merely print a timeline of phone calls and emails and, as Peter Cook’s version of Judge Cantley in the Jeremy Thorpe trial would put it, “then invite you, ladies and gentlemen of the jury, to go away and consider carefully why these two fine upstanding individuals are not guilty of anything at all but should do themselves a favour and become professional day traders.”

TRAK

Trakm8 – “International Contract Award”… but does it materially change a cash-burning picture?

Shares in Trakm8 (TRAK) ended yesterday c12% higher, back above 100p, on the back of a “International Contract Award” RNS. Ooooh, “international” hey – ramptastic or what’s the detail?

Price-Vs-Value

Monthly broker recommendation: which sector are they watching, and why?

Since we started performance-tracking stock tips on our platform, Stockomendation has captured over 14,000 individual broker ratings. From this, we can draw inferences from broker activity and identify companies and sectors that are busier than we’d typically expect. Out of curiosity, we ran some analysis this week using data from January 2015 to June 2018, to see which sectors receive a higher than average number of recommendations for each month in the year. Our research produced some interesting, and unexpected, finds.

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ANP

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Bearcast issue update: all should be well

 

ORCP

Oracle Power: Cynical Foul

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