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Latest News

BT

Battered BT Still Rings Up Big Yield as the Share Price Slowly Recovers

Hello, Share Pingers. One of my most interesting shares at the moment is BT Group (BT.A). Like my learned colleague Nigel Somerville, I am stuck with a lot of its shares - which have done badly of late. The double whammy for me though is that they are now less than 210p, a few years ago I was gloating over a price of 500p. Which was nearly my original stake. And now I am out of profit.

Bear

End May performance update: start of 2018 top shorted London-listed shares

Early this year we showed the ten top shorted London-listed shares at the start of 2018. After the latest month, how's performance?...

TUNG

Tungsten Corp – emphasises “operated profitably”… but has it really (with revenue growth below expectations)?

Tungsten Corp (TUNG) has updated on trading for its year ended 30th April 2018, including emphasising “operated profitably over January to April 2018 period”“adequate working capital” and “our trade financing activities are growing rapidly”. Sounds promising…

AAU

Ariana – results: Good work, keep it up

AIM-listed Turkish gold miner Ariana (AAU) has posted its FY17 results. As promised, there are some details of the Kiziltepe joint venture, the results got a clean audit (as opposed to last year which raised the need for more funding) and Ariana has offered the clearest indication yet of an end to dilutive placings. Overall, it makes a pretty happy read.

DIS

Distil - a buy

Shares in alcoholic drinks brands owner Distil (DIS) headed towards 4p last year, but have since slipped back. A latest update though included continued strong growth in sales volumes and revenues, with “excellent progress” in brand building activities supported by distribution gains. We resultantly see value here and, ahead of results set for this month, the stance is buy…

Timebomb

Housing says we’re getting close

The early stages of a housing bubble are fun for pretty much everyone. Homeowners see their equity start to rise and feel very clever for having bought, those looking to become homeowners pay a good sum, but not too much, and fully expect their new home to keep appreciating. People with modest incomes feel a bit of pinch but can still afford to jump on board. But soon the bad starts to outweigh the good.

ATYM

ShareProphets readers tips for 2018 competition - end May update

Having asked for readers tips for 2018 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is a monthly update on performance (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2018)...

CEY

Centamin offers exposure to gold at a great price currently - buy

Centamin (CEY) has taken a big hit to its share price over the past week or so and has seen getting on for £400 million wiped off of the value of the company.

Gagged

Julie Meyer, Jeremy Thorpe (played by Hugh Grant), Max Mosley & Jonathan Aitken odd one out result

There were many varied answers to the Sunday Odd One Out contest HERE. I am not sure that there is any evidence that Hugh Grant uses sex toys, unless of course you count hookers in LA as sex toys. I am sure some answers are correct. However what I was looking for is that the odd one out is....

WPCT
premium content

Woodford Patient Capital Trust – Anyone fancy a low-risk 10% per annum return?

I’ve been meaning to write about the outrageous risk profile assigned to Woodford Patient Capital Trust (WPCT) for a while as it is patent nonsense and dangerous. I wonder whether there could be a mis-selling claim waiting to happen here.

JMAT

Whatever Drives Cars, Johnson Matthey Should Navigate a Higher Share Price

Hello Share Trippers. Johnson Matthey (JMAT) is a play worth looking at. While some FTSE giants appear to be struggling at the moment, this company is doing better than expected. Its full-year income was 7% ahead of the previous year. Though its underlying profits were more or less unchanged at £525 million, the final dividend rises by 7%.

SOS

Sosandar – UK Investor Show tip update: still a BUY

AIM-listed Adam Reynolds float Sosandar (SOS) has been having quite a ride since I first commented on it following this year’s UK Investor Show at 12p to buy and tipped it at 13p – they are now up to 19p to buy so I guess that’s a 50% profit. I bought in at just over 15p and nabbed a small handful more on Friday at 18.46p.

STOB

Stobart: Great defence play by Team Ferguson in the Sunday Times today

Continuing my commentary on the fascinating public boardroom battle being played out at Stobart, I thought I would highlight the role that the media plays in these and other more traditional hostile takeovers as I must tip my hat to the home team and their use/manipulation of the Sunday Times today.

TERN

Tern: D-day (or is it C- or E-day?) approaches for Device Authority

AIM-listed jam-tomorrow IoT investment company Tern plc (TERN) has an interesting date in its diary at the end of this month, for on 30 June its recent loans to investee company Device Authority must be converted into DA stock or repaid (at 300% of principal!) Given the scale of the cash-crisis across the portfolio at FY17 (see HERE) it seems unlikely to be repaid, so what happens if/when the loan is converted, and why is it a problem for Tern?

Crime-Scene
premium content

Sunday Odd One Out Contest, nothing to do with lingerie on expenses

Today's odd one out contest has a deadline for entries of midnight tonight and features four fine upstanding individuals: Max Mosley, Jonathan Aitken, Julie Meyer MBE and the late Liberal leader Jeremy Thorpe, here portrayed by Hugh Grant. Post away in the comments section below.

Bearcast
premium content

Tom Winnifrith Bearcast - Pantheon Resources the lesson in executive greed & value destruction is not over

The title explains it all. Enjoy. Meanwhile.. we are almost at £5,000. We are seeking to raise £20,000 for Woodlarks. that will be a game changer for a great charity. 95% of listeners have not donated. To those who have I say thank you. To the rest, I know you can afford a tenner. Please cough up now HERE

OBT

Obtala – 2017 results not great, but still highlight real asset value: BUY

Obtala (OBT) has announced results for the 2017 calendar year, including emphasising “an increase in year over year revenues of more than 13x, provides clear evidence that the group is unrecognisable from its position just 18 months ago”

WTI

The warning signs were there for Weatherly International

When news came on Friday that trading in the shares of Weatherly International (WTI) had been suspended and that the company was being placed into administration, unfortunately it didn’t really come as much surprise to me.

AAU

Ariana Resources – significant resource increase at Kepez prospect, Buy

An announcement from Ariana Resources (AAU) emphasises “significant resource increase at Kepez prospect” (part of the 50% owned Red Rabbit joint venture) and includes “in addition, we believe there is scope to enhance this resource further”

Newsboy

Notes from Underground: The lessons from Howard Stern

Tom yesterday spoke on his Bearcast about his life six years after Rivington Street Holdings, the listed company that he had founded in his Shoreditch flat.

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