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Bearcast
premium content

Tom Winnifrith Bearcast - in awe of Cynical Bear and all my colleagues and feeling like a prat ( or not) over the AIQ scandal

I will see many of you at UK INvestor today. This was recorded last night as I struggled with my Neil Woodford talk. On that note I praise Cynical Bear for his amazing work on exposing Nomates but also all my colleagues at ShareProphets as working with them (even Darren) really can be good fun. I look like a bit of a prat selling my AIQ (AIQ) at 45p but a 130p share price at the close on Friday is a scandal and benefits no-one. I discuss what an outrage this is in detail and loom back to a similar bout of madness involving my pals Nick Leslau and Nigel Wray back in the dot com era. That was market madness, this is - I think - a genuine scandal.

IQE

Table of shorted AIM shares - week to 19/04/2018

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...

ANCR

As Vets Rake it In, You Would Not Be Barking to View This Firm as a Buying Opportunity

A trip to your local vet these days will show you a waiting room crammed with poorly dogs and cats. The national horde of mutts is growing fast, it seems, to me. And the beaches around here are now absolutely heaving with them. But increasing business for vets doesn’t seem to have lowered their fees much. My local vet is reasonable, but the stories you hear about some other animal medics are horrendous.

Newsboy

Notes from Underground: Meet and greet

Thank you to the many ShareProphets readers who came by the stand at yesterday's UK Investor Show. It was terrific to meet real, live, readers and to hear how they enjoy and profit from the site. I tried to thank each one personally for subscribing, as those subscriptions keep ShareProphets thriving.

UKIS

The April 2018 edition of the UK Investor Show Magazine is now live featuring five great tips and the show schedule

Featuring five great share tips plus all the details of the show.

  • 21 April 2018, 00:22 |
AIQ

AIQ – well done on relisting, but the share price is bonkers: something’s not right

Standard-listed AIQ, (AIQ) having shaken off my questions, corrected the record over its directors’ other directorships and supposedly dealt with the lack of stock available which sent the shares sky-high when it first listed has finally got its shares unsuspended as of yesterday. But once again the shares are trading at an absurd level for a cash-shell with perhaps, at absolute best, around 10p a share of cash: at time of writing, and no investments, the spread is 100p – 130p!

Bearcast
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Tom Winnifrith Bearcast: You know I did train as an oil analyst back in the black and white era

Im am putting off assorting my jumbled thoughts on Neil Woodford and the fraud MySquar (MYSQ) into an ordered presentation but that is for this afternoon. Pro tem I look at Avanti Communications (AVN), IQE (IQE), Mobile Streams (MOS), Nighthawk (HAWK) - off 60% today but still at the very least 80% overvalued - and Leaf Clean Energy (LEAF). If you like bearcasts then remember that at UK Investor on April 21 - THIS SATURDAY - one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITHORDER NOW and we cannt post but will email you a ticket by tonight.

AVO

Advanced Oncotherapy: …and now for the ninth time!

Yet another day passes and still AIM-listed Advanced Oncotherapy (AVO) has not answered my questions, and so I ask again – now for the ninth time…..here we go again:

OPP

AIM-China Filthy Forty Origo warns on NAV – ouzo time as shareholders brace for another spanking

ShareProphets AIM-China Filthy Forty investment company Origo Partners (OPP) has updated the market this morning in a series of announcements which look to amount to a complete dog’s breakfast as far as shareholders are concerned. There is a new Nomad which looks to me to have been appointed in suspicious circumstances, there are proposals to change the remuneration of the company’s grotesquely overpaid advisors….and expected realisation amounts will be significantly less than the Company's last reported net asset value. What’s not to like!

FLX

Falanx – operational update, all positive

Falanx Group (FLX) has been “pleased to provide an operational update regarding the integration of the March 2018 acquisition of First Base Technologies and progress with its Cyber Security monitoring platform”

HAWK

Who is to blame for Nighthawk wipeout? Zac "The Knife" Phillips tells you

Like Zac "the Knife" Phillips the City's No 1 oil analyst, I have been calling Nighthawk (HAWK) out as worthless crap for ages and thus today's 'fess up bu the company is yet another vindication, as you can see HERE

WRN
premium content

Son of Worthington Whetstone suspended as FCA raids Aidan Earley

I merely report the facts. Yesterday at 9.30 AM the matched bargain market Britdaq suspended trading in Whetstone (WHET) shares. Why? Well I suspect the clue is that the FCA paid a visit to Aidan Earley. I have not been able to speak to Aidan so just lift from his own blog his account of other events which I do without comment other than to say that I feel genuinely sorry for his wife and kids as it cannot have been pleasant at all. Over to Aidan...

IDOX

Idox – “an encouraging start to the year”… or not?

Information management software and services company Idox plc (IDOX) has updated including “we have had an encouraging start to the year in terms of order intake and delivering the benefits of our reorganisation… remain confident of Idox's prospects and believe that the group has good growth opportunities”. The shares have responded, er, a further more than 5% lower, below 29p…

ETIP

Etaireia Investments: Board investigating dodgy transactions…..at last!

I had to laugh at yesterday’s mid-afternoon “Market Update” from Etaireia Investments (NEX: ETIP) as now that Baron Bloom has left the company, the board has decided to look into a few strange looking transactions of his – transactions that I started flagging over two years ago!

SAVP

I'm surprised at the current lack of interest in Savannah Petroleum

Given the rise in oil price that we’ve seen over the past week or so, and the highest levels that it has been at in quite some time, I’m a little surprised to see Savannah Petroleum (SAVP) still languishing at around the 12-month low. With a market cap of nearly £230 million it isn’t as likely to see such large movements as you get on the AIM micro caps, but it is still small enough that I would expect the higher commodity price to have had some impact, given that it produces significant amounts of oil already.

HAWK

Nighthawk - bank calls default on loans - wa wa wa wipeout on the way, company fesses up

Oh dear the fat lady needs to get on stage quick. I have been warning you that Nighthawk (HAWK) was worthless toast for ages but as ever the bulletin board savants knew better. Well folks now the company has fessed up. Once again the scoreboard reads: The Sheriff of AIM 5 Morons 0.

UKIS

Why I'll Be Paying More Attention than Usual at Saturday's Big UK Investment Show

Hello Share Chewers. Are we all ready for the big investment show of shows in Westminster on Saturday? I’m really looking forward to it, as I’m of the opinion that private share trading is becoming ever more complicated and we all need more expert advice.

SPRP

Sprue Aegis – update raises working capital questions

Previously writing on Sprue Aegis (SPRP) it was with the shares last month down 25% on the day, at 142.5p, on the back of a “DA Termination Notice and Update re final results” announcement. There’s now an “Update re DA Termination, Notice of Results & RCF”

Bearcast
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Tom Winnifrith Bearcast: The challenging tale of Star Rectum, humourless lawyer b*stards and much more

I start with a discussion of my drinking problem. My problem being that I just cant take it anymore even though this is the week when I am plied with booze. I then move onto humourless bastard lawyers, specifically at Pinsent Masons. Then I discuss AIQ (AIQ) - its share price is madness and I'm out. Its been a hoot fellas and will pay for my holiday in Sweden next week.  Then Gattaca (GTCA), IDOX (IDOX), Magnolia Petroleum (DOG), Amur Minerals (AMC) and finally Challenger (CHAL) and its problem with a company I have renamed Star Rectum. If you like bearcasts then remember that at UK Investor on April 21 - THIS SATURDAY - one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITHORDER NOW and we cannt post but will email you a ticket tonight.

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