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Latest News

CYAN

CyanConnode – trading update initially seems promising… but is it?

Trading Update from self-styled “world leader in narrowband radio mesh networks” CyanConnode (CYAN) commences “since the start of the year, the company has seen increasing momentum and demand for its products across multiple jurisdictions, which will result in the company generating more revenues in the first half of 2018 than in the full year for 2017”. Sounds promising…

MYSQ
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Pham Dang thank you Ma'Am - CFO at the MySQUAR fraud walks with immediate effect

Even The spawn of Satan, evil PR spinner Damian McCrystal, cannot polish this turd - the wheels are coming off the fraud MySquar in a big way. CFO Pham Dang Hung has quit the company and the board with immediate effect. If you don't see this as a massive red flag you are either blind or just colour blind.

POLY

Over-reaction to sanctions against Russia offers a buying opportunity in Polymetal International

Sudden large drops in share price as a result of a knee-jerk reactions to political world events can present great buying opportunities at times, and I certainly believe that to be the case with the falls we have just seen in the value of many companies with operations in Russia.

PDZ

Prairie Enters a Legal Tussle. But Have its Shares Been Oversold?

Hello, Share Wallowers. In recent months I’ve featured Prairie Mining (PDZ). It has an interest in two projects in Poland where the company hopes to produce coal suitable for turning into coke.

Bearcast
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Tom Winnifrith Bearcast - naturally I fast forwarded through the lesbian sex scenes

I have not slept since Saturday and I am cream crackered.  I discuss a few of the movies I watched flying to and from New York. Naturally watching Paddington 2 for the second and then third time was the highlight but there was also Atomic blonde which had great eighties music and lots of violence with commies getting killed. That's fine by me but there were certain scenes I felt a bit uncomfortable watching. I digress.  On today's bearcast I cover UK Oil & Gas (UKOG), Mothercare (MTC) and the idea of we bears "preying"  on retailers as legal wankers Linklaters suggest. I look at Avanti (AVN) and Pantheon (PANR) and recall an interview I did with Colin Bird. I also look at Nakama (NAK) and discuss how events can spiral badly for a company seen to be in trouble. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and not one but, now, two special guests. Make sure you book a free ticket HERE using the promotional code WINNIFRITH.

AAU

Ariana – Tavsan resource update

AIM-listed Ariana Resources (AAU) has offered an update on its gold resource at Tavsan, part of the Red Rabbit joint venture in Turkey which also includes the already producing Kiziltepe mine. There is plenty of good news.

NAK

Nakama Group – “Corporate update and director resignation”. Uh oh…

I previously wrote on recruitment group Nakama (NAK) a couple of years ago – the shares then approaching 27% lower, heading towards 2p, on a trading update which featured management-speak shite & is shite!. The shares are today currently heading lower towards 1p on the back of a Corporate update and director resignation

Newsboy

Residential Care and Nursing Home fees - what are the rules?

Given how ancient some members of the ShareProphets editorial team are (mentioning no names), this handy guide from David Scott of wealth manager Andrews Gwynne should be of interest to at least one person connected with this site....

TOM

Don't buy into the Tomco spike - its shares are truly worthless

Shares in Tomco (TOM) are up by 40% today at 2.2p-3p thanks to a jam not even tomorrow but one day statement. But caveat emptor. The City's No 1 oil analyst Zac "the knife" Phillips of SP Angel warns that the business is just plain worthless. He opines:

Gold
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GOLD Says "Peak Complacency"

No one likes a whinger ... but I did find myself bemoaning the lack of quality news about precious metals AGAIN. Filling the news bucket on the world's favorite precious metals website -  is getting tougher and tougher every day. So it got me thinking ... is it really so ???

AVN
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Avanti - Calling all morons: back our bailout with more of your cash. PS We will probably still go bust anyway

How the bombastic Welsh prick David Williams, the former CEO of Avanti Communications (AVN) must be laughing today. Having sold millions of pounds worth of shares himself at almost £8 as he urged others to buy, pushing ramptastic broker notes out for everyone to see, the ruin he left is today fully exposed. But Williams has made £15 million from this wheeze so he's happy.

PANR
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Pantheon Resources ouch & double ouch and more ouch to come

Is there any good news in today's latest 'fess up to a feck up RNS from Pantheon Resources (PANR). Er no... it is bad, badder and just a tad misleading.

CAR

Carclo – FY trading and net debt “in line”… but what with?

Injection moulding manufacturing company Carclo (CAR) “confirms that the group's trading for the year ended 31 March 2018 and the level of year-end net debt were in line with its expectations set at the time of the trading update on 15 January 2018”. Sounds ok, though what was that 15th January “trading update” again?...

AGR

Doctor, Doctor I Keep Thinking I'm a Property Developer. Then Have a Look at this Promising Share

Hello, Share Movers. My 91-year-old aunt tells me that her old infant's school in Colwyn Bay has become her doctor’s surgery. More proof that life is a circle, I suppose. However, such conversions are rare. GP’s either struggle on in their old and probably outdated surgeries or they rent new purpose-built premises.

Bearcast
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Tom Winnifrith Bearcast: Martin Sorrell is a pompous arse but should he be fired? And the Dow to fall by 10,000 points?

God willing I will be recording a bearcast from Bristol tomorrow. But this is my last from New York and for any Greek listeners I should say Happy Easter. I discuss Martin Sorrell at WPP (WPP). He is a pompous arse but should he be fired? Then to the Dow, the FTSE 100 and why small caps are not immune from a sell-off that is far from over.

AVO
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Advanced Oncotherapy – what of that Blackfinch loan (which was due on 24 March)?

It is now a week into April, yet AIM-listed Advanced Oncotherapy (AVO) has not updated on its loan from Blackfinch which was due to be repaid – I thought – at the end of March. In fact, it appears that the loan matured on 24 March. Worse, the loan was secured on Advanced’s Harley Street site and, it seems, the equipment earmarked to be installed there. One wonders what would be left if Advanced lost that. Surely a statement is a fortnight overdue as to what is going on?

MTC
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Mothercare: it is as if the Titanic changed skipper after it hit the iceberg

And so in a surprise move Mothercare (MTC) fired its CEO Mark Newton-Jones last week and replaced him with David Wood who has a great CV and is, I am sure, a terribly good fellow. We were told the same about Newton-Jones four years ago. But as with the Titanic the iceberg has already struck and it is too late.

CVR
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Exclusive: How Conviviality won business - up front bungs to customers

I bring you below a Heads of Terms agreement offered by Conviviality's (CVR) unit Matthew Clark to a potentially largish restaurant chain. Quite simply it is offering an upfront bung of 5% of the expected two year sales as an upfront payment.

Newsboy

Notes from Underground: Bottom's up

The story of the week is EXCLUSIVE: When Conviviality said it had scrapped its dividend - the proof it lied. Did anyone else other than ShareProphets have this story? Of course not...that we break so much news here when newspapers have editorial budgets that are 10 or 20 times ours is pretty impressive is it not. A very good reason to stump up £5.99 a month to gain complete access to all our material.

Bearcast
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Tom Winnifrith Bearcast - Possibly the best podcast ever - Sam Antar is the King

Not this one but one I recorded yesterday with my pal the king fraudster Sam Antar who created the original Panama Pump. Sam was on fine form and I shall unleash that podcast in a couple of weeks time but it was awesome.  I pick up on a few themes from it and discuss Ascent Resources (AST), Advanced Oncotherapy (AVO) - read Nigel's brilliant piece, about a company where I own 1 share so I can attend GMs,  HERE - and Strat Aero (AERO). If you like bearcasts then remember that at UK Investor on April 21 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 WINNIFRITH.

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