Precious Metals Video Update: Gold & Gold Stocks Bounce
So gold and gold stocks have started to rally. What next? Over to Jordan Roy Byrne for his technical analysis with the latest podcast from Palisade Capital
- By Tom Winnifrith |
- 16 October 2017, 03:00 |
CityFibre is yet to prove that it can be profitable
CityFibre (CITY) is one of those companies where I really struggle to see how the market cap is justified, even allowing for future potential and growth prospects. I covered the company bearishly around a year ago when two of the directors offloaded some of their shares when the price was 63p – albeit that they didn’t hold many of them anyway.
- By Gary Newman |
- 16 October 2017, 01:42 |
Cement a Bond with this Concrete Footsie Giant as its Share Price Could Build
Hello, Share Schemers. Cement isn’t as exciting as gold, silver and precious stones. But most share shifters know that boring often means rising share prices. Whereas gold, silver and jewel mines are always blighted with uncertainty. By the way the world population is growing, we will always need cement.
- By Malcolm Stacey |
- 16 October 2017, 01:14 |
Yopa – accounts filed, but the numbers don’t add up for LSL Property’s investment. Was it £20m or £15.6m?
I commented the other week on an RNS from LSL Property (LSL) announcing at 6.05pm on a Friday that it was pleased to announce that it had lobbed £20 million into the online hybrid estate agent Yopa Property Limited for a 17.3% equity stake. If it was that pleased, why announce it late on Friday evening when everybody has gone home? In any case, was it £20 million, or was it £15.6 million?
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 15 October 2017, 10:47 |
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Tom Winnifrith Bearcast - I agree with Luke Johnson on shite small cap research
I start with a look at the poverty of small cap coverage in the Sundays but then in general. Just where can you get quality objective material on AIM shares? Then responding to Malcolm's what he looks for in shares to buy, I go through a good look at what I look for in shares to avoid or short.
- By Tom Winnifrith |
- 15 October 2017, 07:54 |
Stronger nickel prices will help Horizonte Minerals reach production
Nickel prices have performed strongly in recent months and are currently up around 30% from the lows which they hit during the early part of the summer.
- By Gary Newman |
- 15 October 2017, 07:26 |
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Telit: six reasons why the shares are still heading to 0p
Having bottomed at 105p, shares in Internet of Things/blatant fraud Telit Communications (TCM) bounced to almost 200p but have now slid back to 157.5p. Here are six reasons why they are going to head sharply lower in the next three months and will in due course go to zero.
- By Tom Winnifrith, The Sheriff of AIM |
- 15 October 2017, 06:06 |
James Rickards: War With Korea Inevitable A Black Swan Looms, sell shares buy gold
This is the second time this year Jim Rickards has predicted a major stockmarket crash. Maybe he will be right this time. In this podcast Jim discusses how most financial concepts are easy to understand. Dollar and gold are an inverse relationship, and gold has dropped due to recent dollar strength. Throughout 2016 and 2017 the dollar has been weakening. The Euro has risen against the dollar, and this weaker dollar has translated into higher prices for gold.
- By Tom Winnifrith |
- 15 October 2017, 05:35 |
Photo article: I made £43.16 - just a reminder that you have 1 day to lose your old £1 coins
Around this house lie various piles of coins. I just leave them lying around, out of the reach of Joshua who would try to eat them, but, I admit, it is not a great sign of a sharp financial brain. A few year ago a girlfriend tried to counter this by giving me three piggy banks to leave around the house, as you can see below.
- By Tom Winnifrith |
- 15 October 2017, 00:51 |
£300 million Peer to Peer Lender Lendy - now about those overdue accounts and the resigning auditors...
If you look at the website of peer to peer you will see how brilliantly it is doing. £300 million lent, sponsoring Cowes Week, 17,000 customers, Europe's leading P2P) property lending platform, winner of numerous awards, 12% returns offered. But hang on, maybe the judges at Moneywise don;t bother to check out Companies House...
- By Tom Winnifrith |
- 15 October 2017, 00:34 |
Notes from Underground: The Real Underground
For those of you that lived through the 60s, I met a living embodiment of that era the other day: Barry Miles, co-founder of the International Times and friend to Paul, Yoko, and Floyd (Pink). He has fascinating stories.
- By Pizza Hardman & Hackney Marxist Darren Atwater |
- 15 October 2017, 00:17 |
Union Jack Oil - Bolt On Acquisition: BUY
Union Jack Oil (UJO) has announced that it has bought the "entire onshore hydrocarbon portfolio interest of Nautical Petroleum Limited, a wholly owned subsidiary of Cairn Energy PLC.". That sounds more impressive than it actually is. This is a small bolt on deal.
- By HotStockRockets |
- 14 October 2017, 12:00 |
Vela - Interesting new investee in Portr. shares cheap
Portr, the company that gets your luggage to and from the airport if you are too bone idle to transport it yourself, has announced that it has secured a £2 million investment from Stobart Group as part of a larger funding round. Stobart knows air travel well and this is a pretty good endorsement.
- By HotStockRockets |
- 14 October 2017, 11:57 |
Central Rand Gold – nah mate, this Peterhouse parrot ain’t dead, he’s resting
Central Rand Gold (CRND) is already suspended from trading on AIM and under AIM Rule 41 will be given the one-way trip to the execution chamber if it hasn’t sorted its problems out by 11 November. It is an uphill task, not to mention the striking off of its Nomad, ZAI Corporate Finance, as from 19 October. Now shareholders are being asked to sign up to a dilution to almost nothing, as outlined in yesterday’s 3pm RNS. What’s not to like!
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 14 October 2017, 05:25 |
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Watchstone files High Court defence against £649 million Slater & Gordon claim on Quindell fraud - we publish docs in full
Watchstone Group (WTG) has filed its High Court defence against Slater & Gordon's £649 million claim against it for having been sold the fraud that was Quindell Legal Services (QLS). I must admit it makes for impressive reading and is robust. The one person for whom it makes utterly grim reading is the King of the fraudsters Rob Terry.
- By Tom Winnifrith |
- 14 October 2017, 01:25 |
Table of shorted AIM shares - week to 13/10/2017
From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2016 and thus far in 2017 (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...
- By Steve Moore |
- 14 October 2017, 01:20 |
Corero – why shares down despite recent “Significant Contract Win” & “Partnership Agreement” announcements?
Despite accompanying half-year results last month with a “Significant Contract Win” announcement, shares in Corero Network Security (CNS) still declined. This week has seen a “Partnership Agreement” announcement – with the same result…
- By Steve Moore |
- 14 October 2017, 01:10 |
A bit of a one-sided merger arb. Buy Sky
We all know the market is a bit too excitable currently and that opportunity is in most cases more fleeting than structural. Analytically that pulls me towards market leaders, good balance sheets and dividends. It also makes me wonder about the strategies of hedge funds. This website has a proud history of spotting good shorts - and I see Tom has just unveiled a new bottom-end of the larger cap brethren short idea HERE. Another popular hedge fund strategy is merger arbitrage i.e. betting on whether deals complete or not and from this perspective I got thinking about Sky (SKY) which has just reported its first quarter numbers.
- By Chris Bailey of Financial Orbit |
- 14 October 2017, 01:03 |
The Essentials I Insist on When I Commend a Potential Winner to You.
Hello, Share Chuckers. As I bring you promising companies which may have escaped your notice on office days, there’s time to explain my general methods at the weekend. I can’t expect you to follow my various suggestions unless you know my lines of thought. So, for those of you wise enough to subscribe to this essential website, here goes.
- By Malcolm Stacey |
- 14 October 2017, 01:00 |
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Could UK Oil & Gas head back to 1p? Waseem Shakoor muses
My good pal the bear raider Waseeem Shakoor posted a few thoughts on UK Oil & Gas (UKOG) this morning over at ADVFN. He, like Lucian Miers, is now well in profit but staying short at 4.6p. I explained in bearcast why he is right to do so. Here is Waseem...
- By Tom Winnifrith, The Sheriff of AIM |
- 13 October 2017, 07:12 |