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Tom Winnifrith Bearcast - I'm so ffing angry with Amryt, I'm off for coffee with the fit young mums
I am a shareholder in Amryt (AMYT) which has had a placing today. I am furious and feel shafted. The shares are almost certainly cheap but I feel livid so am off, with Joshua, for coffees with the fit young mums. I also comment on i3 Energy (TOAST), 88 Energy (88E), Frontera (FRR) and ADVFN (AFN).
- By Tom Winnifrith, The Sheriff of AIM |
- 21 September 2017, 04:01 |
Kingfisher's split personality...but always embrace that round number level
Back in early 2016 I said you wanted to wait for a 3 quid level to get excited about Kingfisher (KGF). If you did have a go at the owner of B&Q, Screwfix and in France Castorama then you are probably pretty chilled about the latest numbers because after plunging below that round number level during the summer, the shares are now heading pleasantly north of it.
- By Chris Bailey |
- 21 September 2017, 03:34 |
Character Group – “solid” trading update tempered by Toys ‘R’ Us news
Updating previously on Character Group (CCT), we noted Finance Director departs, but reassurance provided – and the company has now updated on trading…
- By Tom Winnifrith & Steve Moore |
- 21 September 2017, 03:14 |
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88 Energy - grim Alaska news ahead of placing - you were warned!
How the Bulletin Board Morons laughed at me as I warned in the strongest possible terms that 88 Energy (88E) shares were a slam dunk sell and that drilling of the Icewine well was not going well. Please form an orderly queue morons I guess you did know better than a trained oil analyst after all. The shares have slumped by 0.75p to 1.25p but a market cap of £56.9 million is still way too high. There is worse to come.
- By Tom Winnifrith, The Sheriff of AIM |
- 21 September 2017, 01:45 |
Falanx partnership with Stone Group - hang on tight, more to come!
Falanx (FLX) has announced a partnership with Stone Group, a major supplier of IT services to the Education sector and Government. Stone provides the hardware to all these money tree-funded bodies and will, in future, promote Falanx Cyber Defence as its sole cyber security partner.
- By HotStockRockets |
- 21 September 2017, 01:37 |
Symphony Environmental – interims show some progress, but more to come
Symphony Environmental Technologies (SYM) was a 6.75p offer price share tip – and the shares rose to 11.5p on the back of a first half of 2017 results announcement, though have currently slipped back to 10.5p…
- By Tom Winnifrith & Steve Moore |
- 21 September 2017, 01:29 |
Platinum prices should benefit from disputes over new mining laws
When it comes to precious metals, all the attention has seemingly been on gold and silver recently, but I think that people are making a mistake if they ignore platinum and the possible upside there.
- By Gary Newman |
- 21 September 2017, 01:11 |
Photo-me Shares May Be a Case of Hold it - Then Flash, Bang, Wallop
Hello Share Samplers. When a share approaches company results day, whether for six months or the full year, we can expect the share price to rise. Once that special day arrives, the value often falls - even when profits are in line with expectations or even better. Naturally, the most trading often goes on in the run-up to the announcement concerned and in the week afterwards. But there’s an advantage in buying your shares when nothing imminent is on the company’s diary and when no other news is expected.
- By Malcolm Stacey |
- 21 September 2017, 01:10 |
Concha – keep the lights on placing (by Peterhouse) at the dead of night. Or was it broad daylight?
Last night it was announced at 4.43pm that AIM-listed investment company Concha (CHA) had raised gross proceeds of £420,000 in a keep the lights on placing at 0.35p. The company trumpets that it was at a discount of 8% to the close the previous day, which makes it seem good value, although the shares cratered from 0.57p at around 1pm on the day of the announcement. No insider dealing there, then.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 20 September 2017, 08:43 |
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Tom Winnifrith Bearcast - do not get fooled by Watchstone's cash claims & shoot the scumbag "rebels" at Stratex
Those seeking to oust the board at Stratex (STI) have not been playing with a straight bat as an RNS late yesterday made clear. They are vermin who should be sent packing. Ditto Professor Conroy of Conroy Gold & Natural Resources (CGNR). I have news on his latest courtroom scrape in Dublin and also on the Afren (AFR) whistleblower to whom I make a generous offer. I am warming to Blur (BLUR) after today's placing and am almost tempted to nibble now that ghastly Phil Letts and his even more ghastly Mrs have gone. There is a detailed analysis of interims from Watchstone (WTG) - Quindell as was. Do not get suckered by that headline cash number. It is not real and the shares are a sell. Finally there is an update on the African Potash (AFPO) and Paragon Diamonds (PRG) litigation.
- By Tom Winnifrith, The Sheriff of AIM |
- 20 September 2017, 04:28 |
Purplebricks...and another thing
An eagle eyed reader flags up another matter relating to Neil "nomates" Woodford's next disaster, that is to say Purplebricks (PURP) which, in light of the latest shocking revelations today, is a zero in waiting as I explained HERE.
- By Tom Winnifrith |
- 20 September 2017, 02:56 |
Kibo Mining – Interims preview: Time to pass the hat round again?
Kibo Mining (KIBO) is a frustrating company as, at its heart, there’s quite an interesting project, namely the Mbeya Coal to Power Project (“MCPP”), unfortunately it’s in Tanzania and the delays are seemingly never-ending which means that it’s probably time to raise some more funds from somewhere, presumably from Beaufort / Sanderson.
- By Cynical Bear |
- 20 September 2017, 02:51 |
Copper Prices Are In Bull Market Territory And Will Continue to Climb
Veteran miner Cameron McCrae thinks the recent run-up in the copper price has been long overdue. He thinks the copper price will go higher and stay there for longer and that demand will continue to be robust. The demand-supply balance is finely tuned, and the sector has been spoiled for some years with no supply disruptions. He says there is unpredictability with mining in Indonesia right now.
- By Tom Winnifrith |
- 20 September 2017, 02:46 |
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Tom Winnifrith BONUS Bearcast: Playing Sam Antar's fraudster game: a Purplebricks special
Let us be clear: Purplebricks (PURP) is not a fraud but today's publication of customer reviews - that Purplebricks is desperate for you not to see - is damning and suggests a business model that is based on taking £1000 from large numbers of "customers" who get nothing in return. That is not sustainable and is why the shares are worth 0p. The Sam Antar reference is about how Purplebricks responds and that, in turn, will determine the speed of its collapse. That it will collapse is a given.
- By Tom Winnifrith, The Sheriff of AIM |
- 20 September 2017, 02:17 |
Optibiotix - bullish update, FDA Approval FFS! Evans overhang a pain but going - BUY
Ahead of a presentation in London, Optibiotix (OPTI) issued what you might term a "cleansing statement" allowing boss Steve O'Hara to talk freely. And the news is all good. Let's start with Slimbiome.
- By HotStockRockets |
- 20 September 2017, 01:58 |
Avocet Mining and Purplebricks Demonstrate A Couple of Market Rules
A couple of market rules spring to mind today. Firstly: If a company’s management tells you that the equity is worthless you had better believe them.
- By Lucian Miers |
- 20 September 2017, 01:03 |
Frontera – YA cashes in convertible shares at 0.09p: share price madness!
AIM-listed, Cayman Islands registered, Houston (USA)-based and with Georgia operations Frontera (FRR) has announced that YA II PN Ltd (aka Yorkville) has cashed in by converting convertible stock at just 0.09p. With the shares having raced up from sub-0.1 pence to 0.3625p earlier today, on the back of a series of soft PR interviews, website updates and corporate musical chairs, private investors are once again being screwed.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 20 September 2017, 01:03 |
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BREAKING: Purplebricks - the Dynamite reviews it is utterly desperate you do not see: SELL Target price 0p
These are the genuine reviews on AllAgents.co.uk that Purplebricks (PURP) has attempted to ensure that you do not see by sending threatening lawyers letters as we exposed yesterday. As you can see they are dynamite and show quite clearly a flawed business model which sees customer after customer ripped off. Word of that is spreading which is why this company will NEVER make a profit and will sooner or later run out of money and go bust. The shares are a sell at 380p - target price 0p. Now read on and wonder why folks like Neil "nomates" Woodford and Roger Lawson want to own these shares... PS If Purplebricks wants to threaten me to remove these posts I will take great pleasure in seeing the bitchez in Court.
- By Tom Winnifrith, The Sheriff of AIM |
- 20 September 2017, 01:03 |
Pull that Barge, Tote that Bail. Or invest in Gym, the Company Making Dosh from Other's Physically Hard Work
Hello, Share Pursuers. Personally, I avoid gymnasiums like the disembowelling black death. And I've always thought you could save the money by running to the nearest gym, refusing to pay the membership fee and running home again. But gyms are fashionable with the smart set. And it’s the smart set which has the most spare lolly. A very good new BBC1 TV show, which shows you how to live longer, seems to make great use of the gym craze.
- By Malcolm Stacey |
- 20 September 2017, 01:01 |
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BREAKING: AllAgents hits out, in formal statement, at Purplebricks for trying to suppress genuine reviews of its shoddy service
Earlier I revealed how the UK's largest independent reviewer of Estate Agents had blocked Purplebricks (PURP) after it threatened legal action if Allagents.co.uk continued to carry reviews of its shoddy services which were anything other than flattering - 71 (half) of the reviews were bad and Purplebricks demanded they be removed. Now Allagents has upped the ante with a formal statement which reads:
- By Tom Winnifrith, The Sheriff of AIM |
- 19 September 2017, 05:31 |