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CVR

Conviviality – from current year “confidence” to “approximately 20% below current market expectations” in less than 6 weeks!

Having in end-January results stated “confidence for both achieving current year board expectations, as well as the group's longer-term performance”, a 3:07pm “Trading update” from Conviviality (CVR)…

CHAR
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Table of shorted AIM shares - week to 09/03/2018

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...

LGEN

This Legal Eagle has Landed Some Flying Profits and Should Keep Soaring Above.

Hello, Share Chisellers. Mostly I suggest you look at small-cap and penny shares. But every portfolio needs a few ’safer’ stalwarts to keep an even keel. One such company for me is Legal & General (LGEN). Now, most insurance companies have seen their share prices bloat in the last year or so and that happy trend continues.

Mark-Slater
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A tale of the UK's two highest profile fund managers at UK Investor Show grab your complimentary ticket TODAY

Even though the event is still almost 7 weeks away on April 21, the Global Group UK Investor Show is now more than two thirds booked out - A highlight of the show is the tale of the two fund managers below: Mark Slater & Neil Woodford. Slater is the UK's most successful fund manager of the past decade. He will give the final speech of the day explaining where he sees the market, what shares he is buying, what he is selling and why. If there is a man to follow it is Mark. Neil Woodford is perhaps the country's highest profile fund manager and makes millions for himself. 

MSG

Milestone – shares now below nominal: what are the chances of getting a placing away?

I see that AIM-listed Milestone Group (MSG) has had its shares marked down below their nominal price of 0.1p today: they are now 0.09 – 0.1p bid to offer. Given that the company has a desperate need for cash, that’s a problem – especially when it passed on the opportunity to put resolutions for a capital reorganisation to its forthcoming AGM.

FUL

Fulham Shore – an intra-day (3:36pm) “Trading Statement”. Uh oh…

Previously writing on The Real Greek and Franco Manca operator Fulham Shore (FUL) in September it was ANOTHER restaurant group profit warning. Yesterday afternoon (3:36pm) saw a “Trading Statement” announcement from the company. Uh oh…

PANR

Is Pantheon at last starting to fess up?

I am a bear of Pantheon Resources (PANR) as explained again in today's bearcast. The City's No 1 oil analyst Zac "the knife" Phillips of SP Angel does not seem to be much of a fan either. In his morning email he opines: 

RNO

Renold – another profit warning, house broker right to ‘remain positive’?

Writing on industrial chains and related power transmission products supplier Renold (RNO) in October it was Again “Trading Update” = Profit Warning. Now another “Trading Update” announcement…

RM2

RM2 International: More good news – one more month’s stay of execution!

It’s amazing what can be done when one’s back is against the wall. For the third month running, the guys at RM2 International (RM2) have found some cash from behind the sofa and can put some money in the meter. Its RNS this morning is its most upbeat in a while although I'm not sure it will alter the long-term outcome.

Bearcast
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Tom Winnifrith Bearcast: Before I quit to become a greedy lazy teacher why Malcolm is wrong on IQE

The Mrs plays Radio 4's Today programme to annoy me. Today it was some lazy and greedy lefty teacher bleating on about how overworked and underpaid she was. Try being an entrepreneur  - the folks whose efforts pay your bloated wages - you pampered bitch.  From that I look at IQE (IQE) and why Getafix is wrong with his comments today, Pantheon Resources (PANR), Polemos (PLMO), RM2 (RM2), Andalas (ADL), Katoro (KAT) and Renold (RNO).

UKOG
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UK Oil & Gas - who is lying about a sidetrack well at Broadford Bridge

Sooner or later UK Oil & Gas (UKOG) will have to fess up that Broadford Bridge flow rates are not very good at all and its shares will slump. While we wait for that let's just ask who is lying about a sidetrack well?

STAR

Starcom – 2017 results, including “it is regrettable that inaccurate information was published”!

Writing on Starcom (STAR) last month it was from “breakeven position or a small loss” to now a loss “materially higher” than this – with a placing inbetween!. The remote tracking and monitoring technology company has now announced its 2017 results…

BMV

Bluebird Merchant Ventures - more good news, stance upgrade

Bluebird Merchant Ventures (BMV), has served up more good news from the land of the dog eaters, that is to say South Korea.

RTN

Restaurant Group – 2017 results argue “robust plan” but suggest the going remains tough

I cautioned on Restaurant Group (RTN) with the shares towards 300p last year and at above 275p in January. There’s now been an announcement of 2017 results…

IQE

More Evidence that IQE Shorters Could Be Cruising for Bruising

Hello Share Shelvers. When Uncle Tom writes about IQE (IQE) we know we can expect a disparagement of its record on making money. He questions the company’s valuation, believing the shares to be worth less than they are currently valued at. That’s a reasonable view and it’s based on the fundamentals. But does it give proper credit to the company’s future potential? I think not - which is why I wrote a piece suggesting that shorters were taking a big risk with IQE.

OPTI
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Video: Optibiotix boss O'Hara on Blow Job TV - a BUY despite the Proactive jerk off

You know that I view soft soap paid for interviews with folks like Proactive in a deeply negative way. But Steve O' Hara of Optibiotix (OPTI) comes, I believe, across well and explains the import of recent announcements. In this interview O Hara gives the sort of hard numbers I have used in my writings on this stock. Paul Scott shows an extremer double standard in describing this as "nudge, nudge wink, wink" - I just called it talking to a company which is what anyone sensible would do. I explain why Scott is talking cock and applying double standards HERE. As for Optibiotix, do your maths listen to the whbole interview ( the last 30 seconds are very interesting), the shares are incredibly cheap at 62p offer and will go to well over 100p this year if half of what O'Hara says in this interview comes good. BUY.

WPCT

Atom Bank: Huge funding round – a good result for Woodford for once

I do try to be balanced from time to time and despite all his troubles, there’s been a few green shoots for Neil Woodford in relation to Woodford Patient Capital Trust (WPCT) in recent weeks, most notably with a substantial round at Atom Bank…….although much more funding is still required.

TERN

Tern – placing; death spiral ends. Good news?

AIM-listed Tern (TERN) has announced a placing this morning, raising £650,000 (gross) at 2.55p, and that it has terminated its death spiral facility with immediate effect. This is very good news indeed. I don’t suppose shareholders will be feeling the love just yet, given the destruction of Tern’s share price since last summer, but at least the rot seems to have been stopped.

Newsboy

Earnings pot pourri - surprise efficiencies, greedy governments & don't burn the pizza!

Roll on the Easter break in just over three weeks I say because those of us who track, appraise and opine about corporate names from around the world have now racked up two months' worth of earnings appraisal...and still they come thick and fast in the UK. So another pot pourri offering from me.

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