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Latest News

AVO
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Advanced Oncotherapy - saved by oriental white knight, but for how long?

With a litany of Red Flags behind it, you might wonder that AIM-listed Advanced Oncotherapy (AVO) has managed to raise any money at all, but this morning’s news is – it seems – good news. Cash coming in (and large quantities of it) should pay down the payables nicely and give the company some breathing space – although we are told that the cash is still in China awaiting approval to be shipped out by the authorities. Followers of the ShareProphets AIM-China Filthy Forty might consider that as an indication that the completion of the deal is rather open to question.

DSG

Dillistone – “GatedTalent demand surpasses expectations” announcement. Ramptastic!

In June Dillistone (DSG) delivered a “significantly below market expectations” warning, though sought to mitigate by emphasising a confidential new product it reckoned “has the potential to transform the nature of our business and to deliver significant shareholder value”. The shares would still fall from 84.5p towards 50p, but are currently soaring back above 70p today on the back of a 'GatedTalent demand surpasses expectations' announcement…

Bearcast
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Tom Winnifrith Bearcast: ADVFN & Online talk 100% crypto-bollocks - does anyone swallow this shite?

Today Joshua and I have coffee with the fit young mums then we are off to go to his first business lunch. I have a work lunch and my boy is coming too. That is the deal for folks wanting to meet up on a Wednesday to Friday. I start today's podcast with ADVFN (AFN) and On-Line (ONL) talking pure 100% unadulterated crypto bollocks. Then it is onto Advanced Oncotherapy (AVO) - good news yes but given its track record of allowing insider dealing, misleading customers and investors and, arguably, wholesale securities fraud I would not buy. I look at The People's Operator (TPOP) and question the wording of today's RNS - the shares are 71% down but this could well be toast by Christmas - look at the wording again! Finally a few words on the latest news from the boiler room and the dog Sabien (SNT) 

CEY

When gold bounces Centamin will shine

Gold has been very difficult to read lately, with a lot of the swings making very little sense in the context of the events that have been driving them.

WGB

Walker Greenbank – updates following fire at its Loughborough wallpaper factory

Having declined towards 120p following a profit warning last month, shares in luxury interior furnishings company Walker Greenbank (WGB) had recovered above 130p before an intra-day (12:28pm) Update re Anstey Wallpaper Company announcement…

OPTI

Optibiotix - new chairman, cheaper than ever

Adam Reynolds is a man to do an RTO, a man to chair a small company. There comes a time - you hope - when the company grows to a bigger level and you need a bigger company man as Chairman. That time has come at Optibiotix (OPTI).

HMSO

Hammerson to buy Intu - shopping centre madness?

Bizarre news of the day among the larger cap stocks on Wednesday was undoubtedly the announcement that property behemoth Hammerson (HMSO) was buying shopping centre peer Intu (INTU) with a £3 billion+ all share (naturally) offer which creates a 'top three pan-European REIT' (real estate investment trust) with £21 billion of property baggage on its book. And, yes, you have guessed it, the transaction will be earnings accretive despite synergy levels (£25 million) that are more like a rounding error.

PDZ

Fancy Doing the Okey-Cokey with a Miner Called Prairie?

Hello, Share Sweetners. I rarely bring a developing miner to your further scrutiny. I prefer to leave all that to my mining expert colleague Gary. Also, I’ve been burned quite a lot by disappointing mineral and metal finds in the past. But any road up, let’s have a look at this one.

IGE

Image Scan Holdings – full-year results emphasise impressive growth, so why the share price decline?

An 8:11am (why?) announcement of results for its year ended 30th September 2017 from X-ray screening systems company Image Scan Holdings (IGE) - and the shares currently a further more than 10% lower towards 8p…

Bearcast
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Tom Winnifrith Bearcast: Nick Leslau on Hammerson, Sagging Saga & so Jim what did happen to Life Science (lack of) Developments?

Today's internet delivery for my neighbours which I have taken in is an industrial scale amount of loo paper. That tells you something about the Hammerson (HMSO ) deal which I comment on and also relay the thoughts of Nick Leslau. I ask questions about what has happened to Jim Mellon's Life Science Developments (LDC), look at Saga (SAGA)rare honesty in the resources sector from waste of space Spitfire Oil (SRO) and predictable behaviour at jam tomorrow outfit Tertiary Minerals (TYM)

MAI

Maintel Holdings – having “expected” second half of year gross margin recovery…

Half-year results from systems integrator and managed services provider, Maintel (MAI) included “gross margin is expected to recover in the second half of the year following recent contract wins at an improved gross margin percentage”. There’s now a Trading Update from the company commencing that its “ICON cloud services have continued to grow strongly in the second half of 2017”. Sounds encouraging, but what about that margin?

UKOG
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UK Oil & Gas death spiral conversion announced but this is misleading, numbers dont add up

UK Oil & Gas (UKOG) has announced that another £500,000 of death spiral loan has been converted into shares, 14,159,092 of them. But hang on, this does not add up. UK Oil & Gas and its patsy Nomad WH Ireland (WHI) are not telling you something.

CNR
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Spooooooooooooooooooooof! Old Jim Mellon tries it on with Condor share purchase

My old friend Jim Mellon claims to be worth £800 million although I rather doubt that (by a long chalk). But he is certainly worth a bob or two and that brings us to news today that he has bought 50,000 shares in Condor Gold (CNR) at 39.5p. I say Spoooooooooooooooooooooooooooof - placing ahoy!

R4E

Reach4Entertainment – placing largely as we expected, now excitingly poised

Having noted on a potential Reach4Entertainment (R4E) placing last week that we understand that there has been strong demand at 1.5p per share and that we’re looking at £5 million at least being raised, the company has now announced a, conditional on General Meeting approval, £5.5 million placing at 1.5p…

GDG

Zak The Knife sticks it to worthless tossers Green Dragon Gas

Big news today from the shysters at Green Dragon Gas (GDG) but does it change anything? Over to the City's No 1 oil analyst Zak "the Knife" Phillips at SP Angel who does not hold back:

OPTI
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Optibiotix - new chairman is partner of the barking mad remoaning MP Anna Soubry

Oh well, apparently he is a very astute businessman. But as for his other half...  As a diehard Brexiteer I have to question at least one aspect of Neil Davidson's judgement, his better ( well sort of) half in action below - the bit where Nigel Farage duffs her up on ship building is especially good. But I still think the shares are very cheap! None the less I must now acceptr that the chair of our biggest single investment is sleeping with the enemy.

PPG
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Lying thieving stockmarket fraudster James Longley forgets Sam Antar's first and second rules of fraud

The great Sam is clear. The job of a fraudster is to steal as much money as possible. So rule one is never do anything which distracts you from theft. Rule two is to ignore your critics completely. Firstly because attacking them breaks rule one, it leaves less time for stealing and secondly because it only goads the critics and gives them the oxygen of publicity. That brings us to James Longley of Plutus Powergen (PPG), Fandango Holdings (FHP), Papillion Holdings (PPHP) and Stranger Holdings (STHP) who is a liar, fraudster and thief.

CINE

Cineworld's big American bet

Almost everyone - apart from some cheapskate standouts or those lucky enough to have a next-generation home cinema capability - likes going to the cinema. In the wider scheme of things it is fun, inclusive and compared to many other trips out it does not completely trash the bank account (although the cost of a small plastic bottle of my favourite soda tipple Dr Pepper Zero was ludicrously expensive when I was stupid enough to buy one there). I have never owned Cineworld (CINE) but I have admired its progressive upgrades and solid management of my recent cinema and helped out by some half-decent blockbusters it has built up a solid position here and across various eastern European geographies. Cash generative, paid a dividend, growing market share...no wonder the share tripled between early 2013 and the middle part of this year. The recent share price chart has not been so hot though.

SDY

Looking for Another Soaraway Ashtead? Take a Peek at This Speedy Set-Up

Hello Share Crumblers. When Ashtead (AHT) rose to 1700p, I thought enough was enough. I sold because I could not see Big Donald’s infrastructure plans coming to much. Ashtead, you’ll recall, is big in the construction industry in the USA. But the share is now tickling the 2000p mark. So a mistake there. Except that it’s never wrong to take a profit. And in this case it was, for me, at least a 10 bagger. But Ashtead is not the only company which hires out tools and plant to builders. Which brings me to today’s commendation.

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