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Real Good Food – further detail on previously undisclosed boardroom payments, you couldn’t make this up!
With I having previously noted real bad news & disclosure, a real disgrace and new management have much to do, there is today from Real Good Food (RGD) a “Historical related party transactions” announcement of “the amounts of previously undisclosed consultancy payments and previously undisclosed director fees made”…
- By Steve Moore |
- 14 September 2017, 06:27 |
NEXT! Great winner but book profits and look elsewhere
If I told you that UK clothing retail behemoth Next (NXT) mentioned this morning that earnings per share for the current financial year were now estimated to be down between 3.1% and 10.9% you would probably not want to buy the share after muttering about the downbeat UK consumer, nobbled by a lack of real wage growth and a slumped Pound. Well you would be quite correct in not wanting to buy Next shares today...because with the stock up a cool 11% it is once again pushing close to the 50 quid a share level I hoped for as a share price target in my writings on the stock earlier in the year (for example HERE).
- By Chris Bailey |
- 14 September 2017, 05:00 |
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Tom Winnifrith Bearcast - joke valuations at Sound Energy & MySQUAR
If you are listening to bearcast today you must have subscribed to Shareprophets so I thank you. I start with management who are cleary wronguns at Real Good Foods (RGD) which is a disgrace and at Papillion (PPHP) which is far worse - hat tip Cynical Bear HERE. I look at Interserve (IRV). Its shares are slumping on a profits alert but the real horrors are the lies in the August 9 results statement. Still valued at £124 million this could halve again look at debt! Then it is onto MySquar (MYSQ) a good bet for a zero, and finally a trio of oilies, Range Resources (RRL) - its au revoir not goodbye - Pantheon (PANR) dreary and overvalued by a reasonable amount and Sound Energy (SOU) where the valuation is a 100% rum and coke.
- By Tom Winnifrith |
- 14 September 2017, 02:54 |
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Papillon Holdings: More dodgy deals - Tatnall and Longley have no shame
A week after the my last piece on Papillon Holdings (PPHP) in which the silver lining of the RTO being terminated was that the shares could be traded again, bad news hit yesterday with new potential deals being announced meaning that the shares remain suspended and the worse news is that this deal has Longley written all over it….literally. No shame!
- By Cynical Bear |
- 14 September 2017, 01:55 |
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BREAKING: Afren Whistleblower promises to tell all in London Tribunal on Monday
Remember the Afren (AFR) disaster 2015. Readers of this website were warned numerous times but still thousands of investors lost a packet. Afren was a story of over-gearing, falling oil prices, incompetence but also of fraud. Elekwachi Ukwu was the Afren plc Company Secretary and claims to have been fired for whistleblowing. Now Ukwu is preparing to spill the beans.
- By Tom Winnifrith |
- 14 September 2017, 01:22 |
Silver to $100 and Gold to $5000 by 2018 or 2019
Precious metals guru David Morgan is excited about the future of silver, “I have a lot tied to this sector. I’ve always felt that the highest calling you can have is to live your passion. You can be self-serving and serve others at the same time.”
- By Tom Winnifrith |
- 14 September 2017, 01:21 |
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BREAKING African Potash Class action against Nomad Cantor - chocks away next month
The whistelblower who assisted me in exposing the fraudulent statements made by lyin' Chris Cleverley and African Potash (AFPO) and signed off with no attempt to verify by Stewart Dickson at nomad Cantor Fitzgerald has now assisted those investors who want their money back. Praise be the Lord, Cantor is in the merde.
- By Tom Winnifrith, The Sheriff of AIM |
- 14 September 2017, 01:21 |
Buy Molins at 155p target price 200p
Tom and I tipped shares in Molins (MLIN) at a 125p offer price in June as we considered that the price did not reflect the potential value following a transformational “Proposed sale of division” announcement earlier that month. The company has now updated with results for the first half of 2017. It is all good news and the shares are still a buy at up to 155p.
- By Steve Moore |
- 14 September 2017, 01:18 |
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SHOCKER: Corporate Failures and Censures - the red flags at Purplebricks you ignore at your peril
Neil Woodford, Paul Scott and the man who compares himself to Warren Buffett, Roger Lawson, have no doubt done full due diligence on the manangement at Purplebricks (PURP), notably its founders, the Bruce brothers. Or maybe not...
- By Tom Winnifrith, The Sheriff of AIM |
- 14 September 2017, 01:18 |
Victoria Could Be Victorious in Raising its Doubled Share Price Even Higher
Hello Share Subscribers. If your company is underway in 1895, you are entitled to call it Victoria (VCP). Though perhaps the stern queen would not have approved of the firms supply of carpets to casinos.
- By Malcolm Stacey |
- 14 September 2017, 01:11 |
New Bulletin Board Moron of the Week contest - sponsored by Bell Pottinger, who paid for the sponsorship on credit. That'll be fine, won't it?
This week's Bulletin Board Moron contest is sponsored by Bell Pottinger, the PR spinners of Quindell.
The challenge: We're looking for exemplary examples of sheer stupidity from those founts of brilliance; the Bulletin Board Morons who dwell on the cesspits that are LSE.co.uk, III.co.uk and ADVFN.co.uk. The deadline to post your entries in the comments section below is midnight, Sunday 17th September.
- By Darren Atwater |
- 13 September 2017, 08:50 |
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UPDATED: Don't be locked out from ShareProphets at Midnight TONIGHT! Sign up NOW!
Evil Google and wicked Facebook have sucked all the advertising spend out of online media. We poor content providers do the creative work, the internet giants take the cash. And so we have no choice we must ask you to subscribe to ShareProphets or we must shut down. There are 297 reasons a month why you should pay as little as £5.99 a month for our content.
- By ShareProphets |
- 13 September 2017, 08:50 |
AIM-China Grand Group – a chance to bail
AIM-China investment company Grand Group (GIPO) has divested itself of its investments and as such has until the end of this month to implement its investing policy or face a share suspension under AIM Rule 40. Another six months with no progress would result in a trip to the execution chamber.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 13 September 2017, 08:49 |
Aeorema Communications – both Deputy Chairman & CEO ‘step down’ & sell all their shares… but we are told “remain strong supporters”!
Previously writing in May on live events agency Aeorema Communications (AEO) I concluded though the shares had fallen below 25p, with self-admitted “challenging” trading, a dividend policy ‘review’ and still wary of erosion of the balance sheet, I’d currently continue to avoid. The shares are presently down below 24p on the back of a “Trading update, Board changes and proposed placing” announcement…
- By Steve Moore |
- 13 September 2017, 08:30 |
Afriag Global – after-hours placing….or was it Doriemus?
NEX-lobster pot listed Afriag (AFRI) slipped out a 4.45pm placing announcement last night – a no-one-is-watching o’clock special, raising enough to keep the lights on but not much more. But there seems to have been a spot of confusion over which company was issuing the RNS. Was it Afriag or fellow David Lenigas company Doriemus (DOR) – also of the NEX province?
- By Nigel Somerville |
- 13 September 2017, 06:53 |
Buy Amryt Pharma at a 24.5p offer - target to sell 30p+
Amryt Pharma (AMYT) has announced results for the six months ended 30 June 2017. There were no great shocks the buy case is compelling and low risk - my target, for shares I admit to owning, is very conservative. Others are twice as ambitious or more!
- By Tom Winnifrith |
- 13 September 2017, 05:27 |
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Tom Winnifrith Bearcast: the most pointless company on AIM, Torotrak or Starvest
This may be the last bearcast you listen to. I hope not. To ensure you can listen to tommorrow's podcast and read two belting exclusives for just £5.99 sign up HERE. Today cover in detail sheer pointlessness of Starvest (SVE) & Torotrak (TRK). Both need to do placings both should, like flea bitten ageing hounds in pain, go on a one way trip to the vet. Once again I apologise to my old friend the offshore based asset stripper Jim Mellon for intruding on private grief as I look at another dog he has backed, Billing Services (BILL)
- By Tom Winnifrith |
- 13 September 2017, 04:40 |
Epwin – a half-year results further profit warning
Epwin Group (EPWN) has announced results for the first half of 2017 emphasising as a first highlight “sound performance in challenging market conditions”. The shares have responded, er, currently approaching 4% lower to circa 70p…
- By Steve Moore |
- 13 September 2017, 04:17 |
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Video: The grandfather of share blogging Malcolm Stacey on why you should join ShareProphets
As of midnight if you are not paying just £5.99 a month you lose access to our 300 articles and podcasts a month. In this video, the grandfather of share blogging comments on my use of French but explains very clearly why you'd be bonkers not to sign up. It is a false economy not to join as Malcolm points out very clearly. So watch comrade Stacey in action and then sign up NOW HERE
- By Tom Winnifrith |
- 13 September 2017, 03:03 |
Gold To Test 2011 Highs, Look for Autumn Breakout
In the latest podcast from Palisade Capital, gold guru David Skarica discusses the volatility in the market and the reasons for a coming decline. A fight over the budget, tax cuts, or the debt ceiling could create further problems. The technical foundations of the market have been crumbling in recent months. Gold is doing well although a bigger rally has not happened since the general market has held up.
- By Tom Winnifrith |
- 13 September 2017, 03:02 |