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Latest News

Irish Drinking Team

Photo Article - Teeling Distillery Dublin ( Bearcast on tour)

You may know John Teeling from a host of small AIM stocks like Botswana Diamonds (BOD). But his real passion as been his whiskey businesses. I should say that my friend and comrade in veterans rugby is a non drinker. The Teeling distillery in Dublin is just two years old and is actually managed by John's two sons but the old man takes a massive fatherly interest. I recorded a bearcast in the offices there on Friday but also had a tour of what is a working distillery. You can too and if you are in Dublin I'd recommed it big time. I sould declare that Jon did not try to bribe me with any free samples. But it is never too late and he has my address..

MTR

Buy Metal Tiger

Natural resource investor Metal Tiger (MTR) has been a disappointing share tip so far this year – the shares have been comfortably above 3p earlier in the year and last month falling back below 2p. They are though presently bouncing back around the latter level following an update on the company’s 30% interest joint venture in Botswana, including “very excitingly, 50m wide zones of visible copper mineralisation have been logged in core from four holes drilled along strike from the current T3 Mineral Resource .

CGNR

Photo Article - Conroy GM

 Just to give you a flavour of yesterday's farce of a GM at Conroy Gold & Natural Resources (CGNR). The serious implications are outlined HERE. Below you see the board, then the audience packed with Conroy stooges, average age 126. Finally a picture of one old coot who on the second vote of five appeared to switch sides to join the rebels. Was it the power of my quizzing of Prof Conroy that had turned him? Er...no. A couple of minutes later he raised his hand to say that he had voted the wrong way and could his mistake be reversed. It was not a room in which to crack jokes about Alzheimer's although such bad taste would soon have been forgotten by most of those attending.

TERN

Tern – was Device Authority’s NAV £2m or $10m as at FY16? Does It depend on whether you want to invest?

Having taken another look at the website of US Capital Partners (who are raising cash for Device Authority Ltd, currently majority ownerd by AIM-listed Tern plc) I see the sale is now advertised. I note also that  (on time) Device Authority Ltd has itself filed account for 2016. Now in theory, one would have thought the numbers would bear some form of resemblance….after all, they are for the same company in the same period. So what gives?

CGNR

Conroy Gold and Nat Res: look at the timeline over Warrant Exercise and Placing

I have a question for Professor Conroy, of AIM-listed Conroy Gold and Natural Resources infamy. Tom Winnifrith tells us that the paperwork for the warrants exercised by him and by his sidekick (which were announced on Wednesday last week) was filed last Sunday. We also learnt yesterday that the cash went straight back out of the kitty to repay Conroy/Jones by settling director loans - apparently ahead of term. 

VAST

Debt financing would give Vast Resources a boost - speculative buy

The hardest thing for many of the smaller miners is actually making it to the production stage, and there are many that never get that far.

CGNR
premium content

The two big takeaways from the Conroy GM which make its shares a slam dunk sell to halve from 25p

The Conroy Gold & Natural Resources (CGNR) GM voted c 5 million to 4.1 million to back the current lifestyle funded, rule breaking board led by 84 year old Professor Moriaty and not the rebels From attending the meeting there are two takeaways which tell me the shares will collapse next week and proof of just how grossly misleading an RNS from Wednesday was.

IQE

Table of shorted AIM shares - week to 06/10/2017

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...

WTB

Some Perky Blinders for You. The Extra Benefits of Owning Some Golden Shares.

Hello Share Screechers. It was a bonus when I bought some Whitbread (WTB) shares and found I could wangle hotel accommodation at half price. Well, actually, the deal for shareholders is you and yours get a free Sunday at a Premier Inn if you stay on a Saturday night. Up to two rooms are on offer. Here are some other share perks you might like.

Bearcast
premium content

Tom Winnifrith Bonus Bearcast - Meeting Methuselah & his pals at the travesty of a GM that is Conroy Gold

This GM is sheer comedy. I have proposed all five resolutions to oust Professor Conroy and his sidekick Maureen Jones and to install three rebels. I quizzed the Professor and his coterie of aged disciples clearly despise me. I report back on the almost comic proceedings at the Conroy Gold & Natural Resources (CGNR) GM and shameful admissions made by the evil Prof.

NANO

Nanoco – as warned, discounted placing ahoy!

I noted in an update on Nanoco (NANO) last month that “Commercial Supply and License Agreement” saw the shares bouncing a bit, but the key question remained when’s an attempted fundraising? (discounted, natch). Well, the company has now been “pleased to announce” a placing result and researcher Edison has updated…

Bearcast
premium content

Tom Winnifrith Bonus Bearcast - a total fucking waste of 45 minutes of my life. The San Leon GM

Recorded at the Teeling distillery in Dublin (no jokes please, I am stone cold sober ahead of battle with evil Professor Conroy shortly), I reflect on 45 minutes of my life wasted at the San Leon (SLE) AGM. I am a bit angry with all sorts of folk and the language might reflect that.

MIRA

Mirada – shares soar on contract win, but what about that financing needed?

Shares in Mirada (MIRA) are currently soaring from just above 1p on the back of a “New Contract Win” announcement. Hang on though, isn’t there currently financing needs by this company?...

CGNR
premium content

Professor Richard Conroy & Conroy Gold now under Central Bank of Ireland Investigation - source

The Central Bank of Ireland handles the sort of regulatory functions that in the UK the FCA makes such a bollocks of undertaking. A source very close to the situation has revealed that Professor Richard Conroy and Conroy Gold & Natural Resources (CGNR) are now under a preliminary investigation after the events of the past week.

PURP
premium content

Purplebricks - what is really going on? More from heroic Chris

Yesterday we ran the gutsy response of Estate Agent Chris Wood to a fascist lawyers letter sent by Schillings on behalf of Purplebricks (PURP) in an attempt to gag him. We are not afraid of the wankers at Schillings having seen them off before when they tried to gag me on behalf of the fraudsters at Quindell (QPP). So let's hear more from heroic Chris. Below he explains why a LPE is certainly not always an E and the idea of portal juggling. Anyone owning these shares is bonkers or Neil Woodford or both. Over to Chris....

TSCO

Tesco - a recovery buy

Imagine the scene, if you will, on the trading desks of a professional investment house after Tesco (TSCO) just puckered up its interim results. Another quarter of like-for-like sales growth, free cash flow generation chivving down the debt burden, margin targets for later in the decade reiterated and - stone the crows! - the interim divvy is back. Fingers would be tapping away sending little messages to your favoured clients or internal portfolio managers. You can imagine what is written: “Tesco’s is back!”, one message might read. Another would undoubtedly exhort the reader to buy the stock.

WTG
premium content

Class action lawyers now have more than 1000 claimants against Watchstone over Quindell fraud - confidential letter arrives

In its most recent statement Watchstone (WTG) group suggested that the potential class action against it from folks who lost cash as a result of frauds orchestrated by Rob Terry in the Quindell (QPP) era was minimal. Au contraire. The potential liability was estimated at £9 million but the number of claimants has more than doubled to 1,100 according to a letter sent to claimants which they have been told they must not pass on under threat of legal action. Luckily we have the Winnileaks service.

FCR

A glimmer of light at the end of the tunnel for Ferrum Crescent?

Regular readers here will know that I’ve not exactly been a big fan of Ferrum Crescent (FCR), but there could now be a slight glimmer of hope for anyone trapped in this serial underperformer.

EME

ShareProphets readers tips for 2017 competition - (slightly late) end September update

Having asked for readers tips for 2017 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is a monthly update on performance (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2017)...

BP

Four Little Belters You May Want to Buy Before the Santa Rally

Hello Share Pals. The Footsie is creeping awfully near its all-time high and the Santa Rally is still to come yet. So I thought it might be a jolly wheeze to mention four more shares in my current bag which I have the highest hopes for. And here they are.

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