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Latest News

WALG

Filthy Forty Walcom – no silk purse, it’s a sow’s ear of a trading statement

ShareProphets AIM-China Filthy Forty play Walcom (WALG) hasn’t provided as much entertainment as some of its fraudulent brethren, but yesterday’s trading statement – issued at 10.36am, so bad news – is a bit of a gift.

Bear

Autumn 2017 update: Top shorted London-listed shares

From the FCA's spreadsheet of short positions required to be disclosed to it, we previously updated the top shorted London-listed shares HERE. The following is our Autumn update...

IMM

How A New Cure for Lupus Could Put Big Money in Your Pocket

Hello Share Sloggers. Fancy investing in another AIM-listed company that is pioneering new medical treatments? Yes, I thought you might be a bit wary. But some of these ventures will come up roses, eventually.

KIN

Kin Group – GM result, seemingly not long now until the dilution-almost-to-oblivion confetti issuance extraordinaire

A previous announcement from Kin Group (KIN) included “the proposals are in effect now conditional upon the consolidation being approved at the General Meeting to be held on 13 November 2017”. There’s now a “Result of General Meeting” announcement…

Bearcast
premium content

Tom Winnifrith Bearcast:Things that piss me off big time about the Concepta placing although the shares are dirt cheap

I am hard at work preparing for my annual treat of lecturing the snowflake sociology students of the Mrs, as a break from the normal Guardian reader behind the lectern they have me tomorrow. Game on.  I cover utterly worthless shite that is roofing it, notably Mayan Energy (MYN) and Cogenpower (CGP).  I point out that in the end gravity reasserts itself - see Servision (SEV). I lament what went wrong and how it could have been avoided at Fishing Republic (FISH) and BOS Global (BOS). I suggest what useless Mrs May should do on Brexit and then look at the Concepta (CPT) placing. The shares - which we own - are now dirt cheap. But I am still well fucked off with various aspects of today's £2 million placing as I explain.

VANL

Van Elle – General Meeting requisition from founder seeking to return

Van Elle Holdings (VANL) listed on AIM at 100p per share little more than a year ago, with at the time Chairman Michael Ellis “absolutely delighted to have successfully brought Van Elle to the AIM market… there is significant opportunity ahead and admission to trading on AIM will help us to accelerate the growth of the business” and Chief Executive Jon Fenton; “I look forward to reporting on our progress as we embark on the next stage of our exciting journey”. Less than two months later it was announced that Ellis was to retire… but he is now seeking to return...

FISH

Fishing Republic- the maggots are only just starting to emerge - a retail zero in waiting

When Fishing Republic (FISH) joined the AIM Casino at 15p in June 2015 it published an admission document bulging with red flags which I pointed out in numerous articles HERE. But brokers Northland pumped the stock shamelessly up to well over 40p to get away more placings. But today the shit hit the fan with a shock (lack of) profits warning but the maggots are only now starting to emerge. At 22.5p this is a zero in waiting.

CGP

Cogenpower is being pumped hard and i see little or no value

Forgive me for being cynical, but when a load of private investors who are known for taking part in placings suddenly start raving about how great a tiny AIM company is, then flipping the recent equity raise immediately springs to mind!

AGP

Filthy Forty Asian Growth Properties – another big payout ahead but it’s cheerio and an indictment of AIM

ShareProphets AIM-China Filthy Forty play Asian Growth Properties (AGP) has announced that is it throwing in the towel on its AIM listing, and is to dispose of its assets and return the cash to shareholders. This is expected to amount to about 48p per share – to add to the huge dividends paid out over the last couple of years. It is, in many way, a startling result although the reasons behind the delisting cast a pall of shame on the AIM Casino and thus the London Stock Exchange.

CLTV

Cellcast – argues more optimistic about trading… but fund redemption problem

Shares in interactive broadcast and gaming services company Cellcast (CLTV) are currently among the top fallers today on the back of an “Update re Lexinta Fund and trading update” announcement…

COPL

Canadian Overseas - Zac sticks the knife in (again) - "financing folly"

The announcement of a change of strategy today from Canadian Overseas (COPL) has not been welcomed by the City's No 1 oil analyst Zac "the Knife" Phillips of SP Angel who slams what is proposed as "financing folly". The great man opines:

Collapsing-Reactor

Governments will not warn investors or consumers. They never do.

Governments will not warn investors or consumers. They never do. Banks won’t warn consumers because they need consumers to spend and take up loans and invest money in markets. Institutions won’t warn people for precisely the same reason. And certainly central banks won’t warn consumers. They are all in the confidence game.

ABF

Declining Bread Sales May Prompt you to Slice your Bakery Shares

Hello Share Swallowers. The wiser investor pays attention to consumer trends. And to buy shares in a company which is at the mercy of food fashions can be a risky undertaking. We all found this out as the price war among supermarkets began. But here are a few other companies I think might be ‘sells’ because of changes in the most basic type of food we eat.

Bearcast
premium content

Tom Winnifrith Bearcast - the scariest graphic you will see this year + IQE: Buy sell or hold

The scariest graphic you will see this year is on Zero Hedge below and shows just how each country in Europe is ageing. I discuss what it says about the scorched earth policies the EU has imposed on the Southern Europeans, about Germany and about the UK and Eire. This is the old world. It is dying. We in the UK need to focus elsewhere as we approach Brexit. Then it is onto IQE (IQE) and its £95 million placing: buy, sell or hold.

HUR

Why Hurricane Energy remains a conviction buy

Hurricane Energy (HUR) remains a favourite of mine amongst the AIM listed companies which have appraised assets and booked reserves, and I think it is one of the few which will make it into production in the near future, and has the potential to grow much larger.

KEFI

Buy Kefi at 4.7p - target 22p ( from 23p)

Apparently broker Cantor Fitzgerald has strict instructions that this note is just for institutional investors and not for the great unwashed, filthy private investors. So I may get a pompous letter oiirdering me to take it down. But since we are loyal shareholders, pro tem.

SWL

Swallowfield – AGM Statement with a “bode well for future momentum” - bank 50% + profit

An AGM statement from Swallowfield (SWL) includes that “trading in the first four months of the year is in line with expectations” and that “we expect to maintain our positive progress.”

CRND

Central Rand Gold - no pulse after all in the Peterhouse Parrot, bad news for Fatty.

This must be a candidate for the AIM Casino’s shortest appointment as Nomad: Beaumont Cornish took the reins on 19 October (when ZAI Corporate Finance had its Nomad status revoked) and at no-one-is-watching o’clock on Friday (at 4.47pm) it announced that its shares would be cancelled from AIM first thing on Monday.

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