Cloudcall – 2017 results, emphasises significant reduction in cash burn… but is there?
“CloudCall (AIM: CALL), a leading cloud-based software business that integrates communications functionality into Customer Relationship Management platforms, is pleased to announce its audited full year results for the year ended 31 December 2017”. The shares have though responded currently more than 6% lower, towards 165p…
- By Steve Moore |
- 20 March 2018, 08:00 |
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IQE will please everybody with these results - bulls, bears, loons and Uncle Tom Cobbley
IQE (IQE) the manufacturer of wafers which pretends that it is the next ARM and is the darling of Bulletin Board Morons, brokers looking to earn 5% on the next placing so writing ramptastic research reports today, avid broker report reader Paul Scott and our own Malcolm Stacey, has served up results for calendar 2017 which will please everybody.
- By Tom Winnifrith |
- 20 March 2018, 06:45 |
Falcon Media House: Oh dear – directors quit and a massive funding hole found!
It’s clearly one of those weeks where chickens (or falcons) come home to roost as the wheels have well and truly come off at Falcon Media House (FAL) this week and it looks like the inevitable is starting, only two years after I started warning about it HERE.
- By Cynical Bear |
- 20 March 2018, 05:56 |
Etaireia Investments: So Baron Bloom is a fraud apparently and steps down – no shit! What has NEX Regulation been doing here?
Hat tip to The Times for running part of this story on Monday but considering I’ve been warning about the Baron Bloom / Oli Fattal property venture, Etaireia Investments (NEX:ETIP) for two years (HERE), I thought I’d join in the fun as Baron Bloom has fallen foul of one of Sam Antar’s ‘three exes”, namely his, soon-to-be, ex-wife who has been spilling the unseemly beans in their divorce case. Bloom has been called out as a total fraudster and has stepped down from Etaireia as a result.
- By Cynical Bear |
- 20 March 2018, 05:43 |
Ilika – collaboration agreement, argues “large global markets” potential but still cash crunch first?
Ilika (IKA) has announced “a collaboration with PragmatIC and Arm Holdings to further progress development in ultra-thin and flexible semiconductor technology for mass market applications” - and the shares have currently responded higher above 24p. So what’s the detail?...
- By Steve Moore |
- 20 March 2018, 05:28 |
Wood Group - tip of the year update
Time to check in with my favoured UK energy and related sector play Wood Group (WG.) which, some of you may recall, I named as one of my tips of the year for 2018. The rationale was basically twofold. First, higher energy prices naturally improve the environment for most corporate names servicing the sector. Meanwhile second, the company had significant self-help sourced from the synergies it could gain from its increasingly timely looking acquisition of Amec FosterWheeler. Beefing up exposure and market share as a sector is coming off the bottom is typically a good probability way to create shareholder value. So how is it getting on?
- By Chris Bailey |
- 20 March 2018, 03:38 |
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The Good News from Oxford Nanopore that exposes the valuation scandal at Woodford
I do hope that the FCA and the "Independent" directors at Woodford Patient Capital Trust (WPCT) look into this matter with some urgency as we appear to have evidence today, thanks to Oxford Nanopore, that Neil Woodford funds have been stating their NAV in an unnacceptably aggressive manner. And that is the most generous spin on what has gone on.
- By Tom Winnifrith |
- 20 March 2018, 03:16 |
Trendsignal = Bullshit Spouters
For some reason I get emails from an outfit called Trendsignal. According to the pretigious ADVFN awards this outfit is the "Best Trading Education Provider" which, I guess means that it spends a lot advertising with ADVFN. Having just read its mailshot I concludee these chaps are A grade bullshitters and I would not use their products if you paid me.
- By Tom Winnifrith |
- 20 March 2018, 02:43 |
This AIM Outfit that Doesn't Knock the Rock Might Be Worth a Peek
Hello, Share Pluggers. Listening to the radio today, I learned Gibraltar is gearing up nicely for Brexit. An incredibly reasonable spokesman for the big rock said it was hoping to forge friendlier links with Spain after the break-up. Recently, I’ve also picked up media reports that financial institutions, particularly insurance, are moving operations to Gibraltar, anticipating a financial boom.
- By Malcolm Stacey |
- 20 March 2018, 01:19 |
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Conviviality – CEO ‘steps down’… but with likely significantly fewer financial concerns than investors currently (natch)!
Previously writing on in-turmoil Conviviality (CVR) I concluded last year remuneration included Diana Hunter £966k (inc. salary £450k), Mark Aylwin £677k (inc. salary £375k), Andrew Humphreys £554k (inc. salary £300k), David Adams £120k, Steve Wilson £55k and Martin Newman £45k! This also helps put the noted share purchases in context. Are “utmost appreciation and thanks”, “sincere thanks and best wishes” and bonuses (last year Andrew Humphreys £194k, Mark Aylwin £231k and Diana Hunter £428k) now being re-assessed?!? At 12:29pm today a “Director Change” announcement…
- By Steve Moore |
- 19 March 2018, 09:04 |
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Tom Winnifrith bearcast: hat tip BB loon Wildes for his winning phrase
Okay the most frequent poster in our comments section is a nutso commie but hat tip to Wildes for a phrase he taught me today. In the bearcast I discuss how to make real bread ( my next career?), Accrol (ACRL), Micro Focus (MCRO), Inspirit (INSP), Conviviality (CVR), Mothercare (MTC), Online Blockchain (OBC) and have a prize contest on TechFinancials (TECH) - can anyone explain this bollocks to me. The prize will be awarded at UK Investor on April 21 where the highlight of the day will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH
- By Tom Winnifrith |
- 19 March 2018, 07:56 |
DX Group – update from another high-yield AIM IPO disaster from Zeus Capital
Having commented on the further “AIM IPO shame (thanks AGAIN Zeus Capital!)” from Accrol Group (ACRL) earlier, I note also an announcement today from DX Group (DX.) – shares down from a 2014 100p per share AIM IPO to a current sub 7.5p. Nomad and broker on the listing?...
- By Steve Moore |
- 19 March 2018, 07:53 |
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Paul Scott says Conviviality Refinancing could be at as low as 30p
Having filled his boots with shares in Conviviality (CVR) the day before they were suspended pending clarification, the UK's top share blogger now reports that a rescue bailout could be at as little as 30p.
- By Tom Winnifrith |
- 19 March 2018, 05:19 |
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FRC starts investigation into two former Carillion FDs: string'em both up high!
It is individuals that commit financial crime not corporates. And thus, as I have noted so many times before, the only way that we will clean up financial markets in the UK is by starting to throw the book at individuals who sin, making sure that all transgressions, however small, go punished. And that brings us to today's news that the Financial Reporting Council (FRC) has started an investigation into the conduct of Mr Richard Adam and Mr Zafar Khan, former Group Finance Directors of Carillion (CLLN) and members of the ICAEW.
- By Tom Winnifrith |
- 19 March 2018, 05:06 |
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Accrol Group – ANOTHER “materially below” profit warning & worse...
In June 2016 tissue products manufacturer Accrol (ACRL) listed on AIM, raising £63.5 million at 100p per share and was “delighted to have received such a high level of interest from institutional investors… we look forward to implementing our strategy and embarking upon this new stage in Accrol's development together”. I most recently updated at 32.5p, concluding this further tale of AIM IPO shame currently remains on the bargepole list. Today a “Trading Update”. It can’t be still worse, surely?...
- By Steve Moore |
- 19 March 2018, 04:50 |
Buying ahead of the crowd is generally a good idea
Citing the law of diminishing returns, Dr Lacy Hunt has demonstrated how more and more debt is being required to boost global output and stop economies shuddering to a halt due to all the strains tearing then in two. In 2007, global debt was 276% of global GDP. Today, global debt is 327% of global GDP. In 2007, a dollar in debt generated 37 cents in GDP growth. In 2017, a dollar in debt created only 31 cents in GDP. The reason is clearly, every increasing amount of debt is not sustainable in the long term, but 2008 appears to have been forgotten in the hedonistic rush of money for free printing, which enables the party to continue and for the ever-ballooning consequences to be kicked down the road, for now.
- By David Scott |
- 19 March 2018, 04:40 |
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UK Oil & Gas in High Court vs Nimbys, smellies and virtue signalling celebs
It is the sort of battle where I'd normally want both sides to lose, a bit like Man City vs Chelsea. I have no time for Lyin Steve Sanderson the boss of stock market promotion, oops junior oil explorer, UK Oil & Gas (UKOG) but the rabble on the other side are not exactly my sort of folks either. Among the virtue signallers backing the nimbies & smellies are Bianca Jagger and actress Sue Jameson (yes I had to look her up on google too).
- By Tom Winnifrith |
- 19 March 2018, 04:14 |
Hard to see how Weatherly will escape drowning in a sea of debt
One of ShareProphets regular readers, Wildrides, has asked me to take a look at Weatherly International (WTI), and as I do follow the mining sector quite closely, I am happy to give my thoughts on the company.
- By Gary Newman |
- 19 March 2018, 04:13 |
Hoping to Cash In on Developing Markets? Chew on the Murray Trust
Hello, Share Breakers. In recent times, I’ve suggested you might research a possible dabble in emerging markets. This is only easy to do - and safest - if you snaffle shares in companies which buy shares, bonds or both on your behalf.
- By Malcolm Stacey |
- 19 March 2018, 01:07 |
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Tom Winnifrith Bearcast - Capitalism in crisis and shamed at Conviviality, Deutsche Bank and across the board
I am an unapologetic advocate of capitalism but as I review events at Conviviality (CVR) and Deutsche Bank it is not only shareholders in those companies that have a problem we all do. Something has gone very wrong in many places and all of we heroic wealth creators will feel the backlash.
- By Tom Winnifrith |
- 18 March 2018, 11:15 |