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Tom Winnifrith Bearcast: We end the year with pure farce - Legendary Investments
I am still furious, in fact more so than ever. Bah fucking humbug. Christmas is cancelled. In today's podcast I look at Legendary Investments (LEG), Columbus Energy (CERP), McCarthy & Stone (MCS), Vela (VELA) and Optibiotix (OPTI) - no it will not be a pound by Christmas but I am pondering buying more shares.
- By Tom Winnifrith |
- 21 December 2017, 03:35 |
Corero – 2017 trading warning, though argues “well positioned for continued growth”. Er, not financially you ain’t…
Writing on Corero Network Security (CNS) last week I questioned ramptastic again and discounted fundraising ahoy?, concluding it’s certainly bargepole ahoy. Sell. Today a Trading Update announcement…
- By Steve Moore |
- 21 December 2017, 03:30 |
BOS Global shares suspended pending clarification and they even fecked that statement up
The statement from BOS Global (BOS) saying that its shares were being suspended pending clarification had to be released twice as the fucktards currently in charge got it wrong first time around. That says it all really.
- By Tom Winnifrith |
- 21 December 2017, 01:57 |
IQE - More thoughts and they are not good ones
I flagged up the big red flag on yesterday's trading statement from IQE (IQE ) - viz that increased sales and profits were not translating into cash generation. As ever, IQE is very weak in that department. But there is a lot more. Having slept on it here goes...
- By Tom Winnifrith |
- 21 December 2017, 01:34 |
Van Elle – wins at EGM… but founder warns again
Previously writing on Van Elle (VANL) I noted the founder-seeking-to-return EGM requisitioner hits out again ahead of the meeting. The company has since been “pleased to announce that, at the General Meeting… all the Ellis Resolutions were defeated by shareholders” - and Michael Ellis has responded…
- By Steve Moore |
- 21 December 2017, 01:20 |
As Airports Fill Up for Christmas, EasyJet Could Fly Up and Away
Hello, Share Smoothers. There's no point in my knocking the service given by the budget airline Easyjet (EZJ). For one thing, it would be hypocritical as I use the service more than any other flyer. This will no doubt apply to many of the other passengers swelling the airports for Christmas. And at last I am able to commend your further research into the company, as things are looking up.
- By Malcolm Stacey |
- 21 December 2017, 01:16 |
IQE plc Bullish Trading statement but hang on
IQE (IQE) has today stated that it is "on track to exceed full year expectations". But hang on Henry. Sales are vanity, profit is a matter of opinion, cash is reality. And so we read that:
- By Tom Winnifrith |
- 20 December 2017, 07:28 |
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Tom Winnifrith Bearcast: is Darren Atwater a metropolitan elitist lunatic or Britain's Buffett
I am still livid about matters concerning my wife's place of work and with it showing no sign of movement I have today discussed the matter with my lawyers. Bah fucking humbug, there is no seasonal goodwill from me in 2017. In this podcast I discuss Inspirit (INSP) at length also Falanx (FLX) - shares in which we own - Low & Bonar (LWB), Minoan (MIN) and Gotech (GOT), formerly Guscio.
- By Tom Winnifrith |
- 20 December 2017, 06:59 |
Mirada – “pleased to present the group's interim financial results”. Hmmm…
In October I questioned on Mirada (MIRA) shares soar on contract win, but what about that financing needed? Today its CEO Jose Luis Vazquez is “pleased to present the group's interim financial results for the six months ended 30 September 2017”. Hmmm…
- By Steve Moore |
- 20 December 2017, 06:55 |
Video: American Super Bear Andrew Left discusses 2 blockchain bitcoin shorts and the madness of the market
Andrew Left of Citron Research is one of the sharpest cookies in the global shorting conspiracy. He has just recorded an interview on CNBC discussing two blockchain/bitcoin shorts in the US. Change your name and your shares soar even though there is nothing there? Sound familiar Clem?
- By Tom Winnifrith |
- 20 December 2017, 05:44 |
Tesco's early Christmas present
Tesco (TSCO) shares are little changed today and progress or not over the next few weeks will be highly dependent on the infamous Christmas trading update of early January. I have no great tactical insights on this but I am hopeful it will be part of the strategic improvement and opportunity in the stock I noted a couple of months or so ago HERE. Certainly the share has shown a bit of form recently and this has been driven by improving sales metrics, hopes for the generation of enhanced margin and cashflows, lower debt...and the potential from the Booker (BOK) takeover. It is the latter which is in the news today.
- By Chris Bailey |
- 20 December 2017, 03:30 |
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Octagonal – CEO Gunn in an EFH-style deal? Is there trouble in the boiler room?
Yesterday AIM-listed Octagonal (OCT) released a Director’s Dealings RNS. Nothing unusual about that, you might think, but the text was announcing that CEO John Gunn was taking a loan secured against his shares in the company. Is he doing an Equities First type of deal?
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 20 December 2017, 01:43 |
Pelatro: Looks like a great addition to the AIM casino - Buy
Yesterday’s second new entrant Pelatro (PTRO) appears to be a great little company to me. I accept that it could just be the massive contrast between this and disappointing Mirriad Advertising (MIRI) in almost every respect but this still looks like a Buy to me. Let me explain.
- By Cynical Bear |
- 20 December 2017, 01:42 |
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Video: CEO of US Blockchain spoof Longfin admits his market cap is insane - Clem he's showing you the way
This is a total car crash video interview with Longfin's (LFIN) CEO and CNBC. I discussed the insanity of Nasdaq star Longfin in bearcast yesterday but the CEO seems to agree with me about the valuatiuon. Meanwhile as he discusses related party deals and other matters he is quite simply taken apart. But I admire his honesty. This chap surely shows the way for OnLine (ONL) boss Clem Chambers. Enjoy...
- By Tom Winnifrith |
- 20 December 2017, 01:40 |
Mirriad Advertising: The valuation echo chamber at work again - Sell
An interesting compare and contrast for me today looking at the two technology businesses that joined AIM yesterday at a very similar share price. That is where the similarities end though as one is a classic example of an overvalued business bid up by participants in the valuation echo chamber and one looks like that rare mythological beast – a Cynical Bear Buy tip. Let’s start with Mirriad Advertising (MIRI), the massive Sell pick.
- By Cynical Bear |
- 20 December 2017, 01:35 |
New acquisition adds to the long term potential of Horizonte - buy
I have been a big fan of Horizonte Minerals (HZM) for some time now, and am even more so following an acquisition announcement. The market didn’t take the news that this AIM listed mining company, with operations in Brazil, had acquired a further nickel-cobalt project particularly well - the shares down by over 6% to 4p on the ask, but I suspect that was largely as a result of an issue of equity coming at the same time, rather than a reflection of what people think of the newly acquired Vermelho project, which Horizonte now owns 100% of.
- By Gary Newman |
- 20 December 2017, 01:29 |
As Women Don Their Christmas Warpaint, this Ambitious Company Could Soar
Hello Share Seekers. Christmas sees a big market for women's make-up, as everyone dashes off to business, social and family parties. So a company which should be raking it in at the moment is Warpaint London (W7L).
- By Malcolm Stacey |
- 20 December 2017, 01:14 |
Old Mother Worthington has a son - meet Whetstone Capital
Well I never, it appears that the Worthington (WRN) Crew has indeed listed son of Worthington (WRN)or at least has filed an admission document. It looks as if Whetsone Capital (WHET) shares will start to trade on the NEX Markets lobster pot on January 5th.
- By Tom Winnifrith |
- 19 December 2017, 06:30 |
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Purplebricks - AllAgents stands up to fascist lawyers letters and starts publishing real reviews again... and they are damning
Bravo AllAgents.co.uk. The leading independent review site of Estate Agents is ignoring fascist lawyers letters from Purplebricks (PURP) and has just re-started publishing reviews of the crummy online estate agent, good and bad. Natch Purplebricks is still insisting that the reviews are bogus without providing any evidence at all and boy are some of the reviews bad as you can see below. In the end companies offering a socking service will - however much they spend on TV advertising - go under. Purplebricks shares remain a stonking sell.
- By Tom Winnifrith |
- 19 December 2017, 06:00 |
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Tom Winnifrith Bearcast - UKOG serves up more Horse Shit on Horse Hill
I am still in a foul mood. Bah fucking humbug. The season of Goodwill is cancelled. This podcast contains a lot of bad language. I look at blockchain madness: Coinsilium (COIN), On Line (ONL), Vela (VELA) and Longfin (US:LFIN) on Nasdaq. Buy why is Milestone (MSG) missing out? Well Larry Cummins is a liar and that is just for starters. I look at Fishing Republic (FISH) where a statement is needed and then there is a detailed look at the latest horse served up by Uk Oil & Gas (UKOG) which is a stand out slam dunk sell for reasons I explain in detail.
- By Tom Winnifrith |
- 19 December 2017, 06:00 |