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Gear4Music – don’t get carried away Malcolm there are caveats to today’s statement
I suspect the old boy is somewhat cheered by what is a rare good day for this dog of a tip and is off at the Punter’s Return enjoying an early pint of Doom Goblin. But before Comrade Stacey gets too carried away I merely flag up a couple of thing about today’s trading statement from Gear4Music (G4M)- By Tom Winnifrith |
- 8 September 2023, 12:05 |
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It is fun, fun, fun at the…AutoCentre of Halfords: BUY
Just under three months ago, I observed that “Halfords (HFD) is keeping its motor running for me (as an investor)”. That was a pretty sad reference to late 1960s music, but I am sure a bunch of you know that the company takes its name from Halford Street in Leicester where it was founded in 1892. Just a bit more relevant for today is how its 2020s progress is getting on, which brings us to Wednesday’s twenty-week trading update.
- By Chris Bailey |
- 8 September 2023, 10:14 |
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Tintra bid at 150p – do you smell a rat at the AIM Company of the year 2022?
Its shares are still suspended as it still cannot get out its annual report despite hiring a mickey mouse firm. But yesterday, Tintra served up some positive news, a possible cash offer of 150 pence per share with a share alternative subject to due diligence and the finalisation and documentation of financing for the transaction.- By Tom Winnifrith, the Sheriff of AIM |
- 8 September 2023, 09:57 |
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VSA Capital – a stock overhang and an apology to Mr. Andrew Monk
I would like to apologise to Mr. Andrew Monk for suggesting that his claim that I was a shareholder in VSA Capital (VSA) was a vile smear. I have now tracked down the share registrars and it appears that a share certificate for 2,000 shares was indeed dispatched to a wholly out of date address. I am thus the owner of shares which might just be sold for a paltry £120.- By Tom Winnifrith |
- 8 September 2023, 09:45 |
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Sharestock update – 2 (no 1) of 100 tickets left, have you booked in for supper?
First things first. There are now just 2, no 1, of the 100 tickets for Sharestock left unbooked. So if you want to come along on September 23rd to my family home to meet Jim Mellon, Lucian, Matt Earl, Evil Banksta, Frisby et al you better book pronto HERE. Secondly…- By Tom Winnifrith |
- 7 September 2023, 16:46 |
Restore plc – “Significant Contract Win” boosts gain to more than 51% in less than three weeks!
We tipped shares in Restore plc (RST) as a recovery Buy on 18th August at a 142p offer price, considering that the valuation following prior trading disappointment meant that a 190p share price looked realistic on just the company showing it delivering on the expectations from there. The potential value was already being realised somewhat by the market as the shares recently closed at 180p… and now a “Significant Contract Win” announcement.
- By HotStockRockets |
- 7 September 2023, 16:45 |
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Wood Group – after interims, again a Buy?...
Wood Group (WG.) was a tip last year at a 155p offer price – with we then noting we looked to repeat previous success of a more than 40%, less than 7 months, offer-to-bid gain. In April this year we banked more than 45%, little more than 9 months, gains at 226p. Following recent half-year results which emphasised “clear strategic progress, strong growth and increasing full year guidance”, though with the shares at a 156.7p offer price we consider this again a good time to Buy.- By Tom Winnifrith & Steve Moore |
- 7 September 2023, 16:35 |
Directa Plus – emphasises its “largest single contract signed”, but how’s that balance sheet?…
Describing itself as “a leading producer and supplier of graphene nanoplatelets based products for use in consumer and industrial markets”, Directa Plus (DCTA) is today “delighted to announce… a three-year contract with LIBERTY Galati, the largest integrated steel producer in Romania”. Noted to be its largest single contract to-date, what of a current 9.2% higher share price response to 47.5p here?- By Steve Moore |
- 7 September 2023, 16:17 |
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Coral Products – full-year results, remains a value Buy
Designer, manufacturer and supplier of plastic products Coral Products (CRU) has announced results for its year ended 30th April 2023 and that, whilst it is mindful of macroeconomic and geopolitical risks, it remains confident about the current prospects for the business. So what of a share price currently slightly up to 16.5p?- By HotStockRockets |
- 7 September 2023, 14:20 |
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Lords Group Trading – interims emphasise record revenue, but what about the profit warning?...
Previously writing on UK building materials distributor Lords Group Trading (LORD), in June with the shares up to 61.5p I concluded that I then avoided as I questioned whether consumer demand had been fully impacted yet. The shares had risen to mostly recently close at 68.5p but what of half-year results today currently seeing them back towards 60p?
- By Steve Moore |
- 7 September 2023, 14:10 |
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EnQuest is in a better position than the headline figures in the interims might suggest, Buy
The Energy Profit Levy tax on oil and gas companies with operated assets in the UK has had a big impact on the sector, and the share prices of the companies operating here have reacted accordingly. The market is also nervous of what Labour might do if it were to win the next general election, as there has been much talk from its MPs of increasing taxes even more and also on restrictions to the development of new assets. The latest such company to see its share price hammered upon the release of its financial results has been EnQuest (ENQ) this week, with it trading at almost 15% down at one point and close to the low that it hit back in June prior to oil prices rising sharply.- By Gary Newman |
- 7 September 2023, 14:03 |
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Polarean Imaging – interims talk of ‘revolutionising’ medicine but it’s the balance sheet which soon needs to be revolutionised!
Previously writing on Polarean Imaging (POLX), a medical imaging company which emphasises it has “developed the first and only hyperpolarised MRI contrast agent to be approved in the United States”, in February with the shares falling below 40p I concluded that the valuation and financial outlook in a still-challenging funding environment meant I certainly avoided. The shares most recently closed at 14.5p, and what of they currently at 11.5p on the back of half-year results?
- By Steve Moore |
- 7 September 2023, 11:38 |
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I am still not worried by Currys
I don’t need a new computer at the moment but when I buy my next one I am pretty sure that I will use Currys (CURY). A couple of months ago, I shared why I thought it was smart to copy the move of Fraser Group (FRAS) and buy shares in Currys at the then just below 50p level. How is that getting along?
- By Chris Bailey |
- 7 September 2023, 09:50 |
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Tom Winnifrith Bearcast: Here is how the FCA will cull standard listed dogs in 2024
I speculate but with some informed input on what will happen. And I name some of the Standard list wronguns which will, I believe, lose their listing in 2024 as a result of what is going to happen.- By Tom Winnifrith |
- 7 September 2023, 08:05 |
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$1.2 trillion capitalised Nvidia - the bear case dossier
It has been the wonder stock of the year but is there a bear case for Nvidia (US:NVDA) as its market cap is now $1.2 trillion. Yes there sure is. Enjoy.- By Tom Winnifrith |
- 7 September 2023, 08:01 |
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Tom Winnifrith Bearcast: Oxford Nanopore could halve and I still would not buy
In today's bearcast I look at Blackbird (BIRD), Canadian Overseas Petroleum (COPL) and Oxford Nanopore (ONT) I have amended my earlier piece on Monkey and VSA. This is so humiliating, it seems that I really am a shareholder in his awful company although I have no idea why.- By Tom Winnifrith |
- 6 September 2023, 17:47 |
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Canadian Overseas – Placing changes nothing, I do not believe leadership change is real
Evil Banksta is short of Canadian Overseas Petroleum (COPL). If I was ever to short a stock, and I don’t ever short, this would be high on my list. Today there is news that its death spiral provider Anavio has put in $3.5 million at 4p and that founder and boss, Arthur Millholland, the king of the value destroyers has stepped aside. Well sort of. So what do myself and Evil Banksta make of it all. First to Mr Banksta who says:- By Tom Winnifrith |
- 6 September 2023, 15:19 |
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Beeks Financial Cloud – a more than two months after period-end profit warning that dare not speak its name (on “the world’s leading growth market”!)…
A trading update from capital markets-related technology group Beeks Financial Cloud (BKS) commences by emphasising the group “has delivered significant growth on the prior year” and concludes with that it has “entered the new year with high levels of revenue visibility and strong momentum and thus remain in line with management expectations for FY24, with further upside potential from new client wins”. What about the performance relative to expectations in FY23 though?- By Steve Moore |
- 6 September 2023, 14:50 |
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Eurasia Mining – do the maths: time for a statement
So how much cash is left? The maths is not that hard. At June 30th it was c£1.69 million. But Eurasia Mining (EUA) sent c£3.2 million to money heaven in H1 so, ceteris paribus, by the end of the first week of October, all the money will be gone. Of course it is not quire that simple.- By Tom Winnifrith |
- 6 September 2023, 14:45 |
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Barratt Developments correctly shows that prospects for the housing market are not exciting for the rest of the 2020s
If you want to speak to anyone in a pub about the housing market, then there are ten million people better qualified than me in the UK. After all, if I want a Coke Zero it is a lot cheaper to buy at a local supermarket and, with reference to house prices and the like, after we finish the rest of the 2023 price dump I reckon house punters can hope for a 0-2% per annum move over the rest of the decade. The smart thing to do with a house is to focus on owning it to live in. And, whilst some people might get a bit lucky living in one specific location rather than another, honestly you should not be perving over the Rightmove (RMV) website as there are so many better things in life to be doing. And that brings me to today’s full year numbers from Barratt Developments (BDEV).- By Chris Bailey |
- 6 September 2023, 12:03 |