From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Latest News

ESG

eServGlobal – having 'expected core business to achieve EBITDA breakeven in Q4 2017', a Trading Update…

Previously writing on eServGlobal (ESG) in October it was following the recent pump…, with that announcement also including “we expect the core business to achieve EBITDA breakeven in the 4th quarter of 2017 as we continue the structural changes to the business”. There’s now a Core Business Trading Update

Bearcast
premium content

Tom Winnifrith Bearcast - Perhaps on IQE I was right and Paul Scott wrong?

Sorry this podcast is a bit brief as I am ill.  In it I look at IQE (IQE) where I wonder if my bearishness has trumped the bullishness of Paul Scott. I look at Starcom (STAR), Tern (TERN) and Cloudbuy (CBUY)

Han-and-Luke

Julie Meyer's new PR - Ariadne is the death star, reporters are Luke Skywalker

Julie Meyer of Ariadne (not Ariadne Capital as it is in administration) but the Group, whatever that is, has hired a "disaster containment" PR firm which is calling reporters today to "set the record straight.". I have had my call.

ONEV

OneView Group – having raised £3.9 million in June… has now needed to take a short-term loan!

I previously wrote on OneView Group (ONEV) in February; following ramparoonie, admits “now considering an equity fund raising” (natch). It subsequently raised £3.9 million at 1.5p per share, a 25% discount (there has since also been a 1-for-10 share consolidation), with CEO Stuart Mitchell stating “since inception we have been consistently undercapitalised and look forward to putting these funds to work to propel our growth forward in the interests of all our stakeholders”. There’s now though an announcement of “Short Term Loan Facility”!...

PTRO

Pelatro: Positive trading update out - what would Daniel Kahneman do?

As Pelatro (PTRO) is my most recent conviction BUY, I am duty bound to report on any news; so despite not having a huge amount to go on, here are a few thoughts on today’s positive trading update. The skill though in making the right decisions off the back of the new information is to forget the past and so I am channelling my inner Kahneman.

EU_flag

Heroic Tim Martin of JD Wetherspoon tells it as it is on Brexit. you reading Jamie Oliver?

Jamie Oliver insults Brexit voters (i.e. 52% of the population) and his business is going down the plughole. Tim Martin of JD Wetherspoon tells it as it is and has served up a cracking trading statement today with his company trading strongly and ahead of forecast. Perhaps a lesson there for you Jamie, you patronising and unintelligent little man. Back to our hero Martin whose message on Brexit is uncompromising, lashing out at the CBI, The Guardian and others who tell lies.

KDR

Karelian – house broker “very excited”. What for - placing commission?

Prof. Richard Conroy's AIM-listed Karelian Diamond Resources (KDR) is apparently making house broker Beaufort Securities “very excited”. Obviously that is entirely because of the company’s ramptastic RNS (which saw the shares fall - why might that be?), and nothing to do with its train-wreck of a balance sheet and the bail-out refinancing it needs. No, it is not because Beaufort can see a nice commission cheque on the way.

LOOP

LoopUp – updates “ahead of market expectations” & “remain confident”, so why are the shares lower?

Remote meetings software group LoopUp (LOOP) has updated including “continued strong business performance ahead of market expectations” and “we remain confident in our ability to deliver future growth”. The shares have currently responded more than 4% lower, to 375p. Hmmm…

VRS

Should I, or Shouldn't I, Flog This Annoying Share?

Hello Share Squelchers. Now, what the heck do I do? I was all psyched up to flog my entire holding in Versarien (VRS) after the Pizza Hardman’s tip became a near four-bagger, when I lost my phone. (Yes, you're dealing with a real pro, here).

MSG
premium content

BREAKING: Hey Milestone – anything you want to tell us? Oh, OK, we'll tell then...

AIM-listed Milestone Group (MSG) has been up to its neck in controversy for over a year now, but I wonder if the company has had some bad news it hasn’t quite got around to sharing. This is regarding its blockshain spoofery (oops), I mean its software license agreement with Black Cactus Global Inc (Envoy Group as was) which we were told it had entered into on 6 December.

EYE

Eagle Eye Solutions – a trading update it “is pleased to announce”, but how’s that cash position going?

Previously writing in November on promotions and rewards technology group Eagle Eye Solutions (EYE) I noted argues “delivering on our strategy”, but cash concerns - cash burn having taken cash at the end of September down to £1.7 million. Now the company “is pleased to announce” a trading update for its half year ended 31st December…

Bearcast
premium content

Tom Winnifrith Bearcast - Natch the deadwood press showers me with praise over today's Quindell News: pigs will fly first

I start with today's personal triumph on Quindell (QPP). And it is a real personal triumph for me, not that the deadwood press or my critics will recognise that. I then cover Milestone (MSG) - Ho Ho Ho - Pets At Home (PETS), Joshua's fave store, N Brown (BWNG), Worldwide Blockchain (BLOC) and Velocity (VEL) another dog from the FinnCap kennel.

UKOG

4p a month ago, 3p mid today - lack of flow test news spooks UK Oil & Gas

To lose 25% of your market capitalisation in less than a month looks a bit like carelessness but that is what UK Oil & Gas (UKOG) has managed. The real issue is that it is grossly overvalued on a fundamental basis - the shares should be sub 1p. The immediate issue is the news from Broadford Bridge. Or rather lack of it.

NIPT

Premaitha Health – further loan facility to deal with Illumina legal costs

On last month-announced results for its half year ended 30th September 2017, we noted Premaitha Health (NIPT) currently looking at positive pre-litigation cashflows, but that there remained risk of low cash headroom or even a cash shortfall including if further litigation-related costs are required. There’s now a Secured loan facility agreement with Thermo Fisher announcement.

PIM

Plant Impact – ‘the ideal partner to realise potential’. Er, just a possible slight problemo...

Plant Impact (PIM) has announced an R&D collaboration on “a newly identified small molecule and chemical analogues proven to increase plant biomass” – emphasising potential suitability for several ongoing company projects and others “that could lead to the development and commercialisation of significant new crop enhancement technologies”

QPP
premium content

RSM Tenon (now ArrandCo) & audit Partner Jeremy Filley fined big time by FRC over Quindell thanks to Tom Winnifrith

The Financial Reporting Council has today fined audit firm ArrandCo, formerly known as RSM Tenon, £1 million ( reduced by 30% for co-operating) and audit partner Jeremy Filley £80,000 ( reduced to £56,000) for allowing the fraud Quindell (QPP) to publish fraudulent 2011 accounts. No doubt Snot Gobbler Dan McCrum at the FT is again about to produce a timeline taking credit for this but the FRC has stated explicitly that it widened its enquiries to include the 2011 accounts only because of specific allegation raised by me as you can see HERE.  These fines are down to my work, not that the deadwood press will ever acknowledge that. So how did Rob Terry and his associated in the Quenron gang, cook the books with the help of Filley and RSM Tenon.

FRR
premium content

Frontera Resources slammed for breaching disclosure guidelines and more

Folks can ignore the warnings of myself, Nigel Somerville and Waseem Shakoor about the overvalued ramp stock Frontera (FRR) if they wish. But the City's No 1 oil analyst Zac "The Knife" Phillips has just published a very specific and damning note. No doubt "fat bastard" Malcolm Graham Wood will ignore this real analysis as he continues ramping the shares with misleading statements in return for generous cash payments to buy yet more pies.  But it might pay the Bulletin Board Morons to listen to someone who is not on the payroll and does know what he is talking about. Over to The Knife...

ACRL

Accrol Group – half-year results claim “remains well placed”. Hmmm…

Accrol Group (ACRL) has announced results for its half year ended 31st October 2017 including “revenue increased by 13.1% to £72.3m” and “the group remains well placed to benefit from its strong position as a major UK supplier of non-discretionary tissue products into the consumer value sector… Growth in these sectors is being driven primarily by increasing Private Label product sales, which continue to take market share from well-known brands”. Sounds promising…

FXPO

This Iron Baby is Not for Turning as Steel Prices Soar by 30%

Hello, Share Punchers. Are you getting along with your 2016-17 tax return? Only about a week to go now before the end of January when you’ll have to pay more if you don’t file in time. Luckily, many Armchair Tycoons are no longer troubled too much with capital gains tax as most of our holdings are in ISAs. For this reason, it’s well worth keeping your ISA topped up.

FRR

Frontera: WTF is “sustained deliverability” – where are the Ud-2 flow rates?

Oh BBMs, lap up the nonsense coming out of AIM-listed Frontera (FRR) this morning. Please buy lots of shares, for there are lots more coming. We had expected an update on the company’s work on the Ud-2 well in Georgia, but this morning’s effort offered  no numbers to go on and some strange terminology.

Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

Most Read in the Past Seven Days

That Was the Week that Was

 

ANP

Anpario – a recovery Buy?...

Thursday »

Cat_Fixing_Lightbulb

Bearcast issue update: all should be well

 

ORCP

Oracle Power: Cynical Foul

Time left: 07:48:15