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Latest News

ADL

Andalas - great news about the jam tomorrow, shares soar 45% but folks do know that it is bust don't they?

Credit where credit is due. Andalas Energy (ADL) the AIM dog created to fund the lifestyle of Dave "Rule Breaker" Whitby has announced that it has signed a legally binding deal to develop the Jambi-1 30+MW independent gas-fired wellhead power facility in Jambi Province, Indonesia and to procure gas from Pertamina, the global fortune 500 national oil company. Andalas will have a 49% stake in the project and state owned construction outfit PT PP Energy will have 51%. So far so good but hang on Henry!

TCM
premium content

Breaking: Oozi Cats/Uzi Katz meeting with Nomad FinnCap within hours - if the Feds are looking for a fugitive

Having been appointed as Nomad and broker to the highest profile AIM company of the week, Telit Communications (TCM) at 7.01 AM yesterday, Mr Stuart Andrews & Mr Richard Chambers of Finncap and their colleagues must be shitting briicks following today's quite stunning revelations earlier about Mr Oozi Cats/Uzi Katz, his Mrs Ruth and events in Boston 25 years ago. Or maybe it is just another couple holding Israeli passports with the same names and birthdays who were involved in multiple frauds?

KEFI

Kefi - lifting of state of emergency in Ethiopia, good news BUY

Kefi Minerals (KEFI) has its flagship operation, the Tulu Kapi gold mine ( to be) in Ethiopia. One by one the checklist of things needed to complete to get this mine into production has been dealt with.

TCM
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BREAKING: Telit - what an embarrassing coincidence for boss Oozi Cats and his Mrs - meet the Boston fraudsters on the run

Yesterday I discussed at length the woes of what was one of the largest companies on AIM, Telit Communications (TCM) where boss Oozi Cats sold £24 million of shares on May 25 - 24 hours ago the stock plunged for a range of reasons. Now here is the most amazing and embarrassing coincidence, meet an Israel couple who fled US justice in 1991. This must be so embarrassing for Oozi and his Mrs - Ruth Veronique Cats, it is just such an amazing coincidence.

RRS

Randgold - undoubtedly the best large cap gold company in the world

I know, I know...I do have a bit of a perma love-up with Randgold Resources (RRS), London's largest listed gold company but as it is a year since I wrote my latest paean I felt an update was overdue following last Thursday's numbers.

EVRH
premium content

EVR Holdings: Hello - is this the best ramp ever?

I’m not a huge fan of EVR Holdings (EVRH) but I have to give a hat-tip to those behind this ‘warrant selling machine’ for one of the best ramps I’ve seen in recent times. Congrats to all concerned.

RGD
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Real Good Food – tottering, tottering… & Exec Chairman of “consultancy services” infamy eventually Totté(rs) off

On the back of real bad news & disclosure, I suggested a lack of confidence in the top brass of Real Good Food (RGD) HERE. I thus note with interest today an announcement entitled “Board Changes”

IQE
premium content

Equities First – the £18 million question over IQE

It is almost three years since the Equities First Holdings story hit the headlines with the deal signed up with by Rob Terry et al at what was then called Quindell – now Watchstone (WTG) – whereby the sale of shares via a non-recourse sell and buyback deal was dressed up as a director share purchase.

IMTK

Imaginatik – full-year results, “a year of good progress”. Really?

Innovation technology and consulting company Imaginatik (IMTK) has announced results for its year ended 31st March 2017, arguing “a year of good progress as we continue to position the business to capitalise on the growing market opportunity available”. The shares though are at a depressed 2p, so what’s the story?...

IQE

IQE or Not IQE? That Is Still the Question

Hello Share Saddlers. As I wrote recently, I am in a quandary about what to do with my lorryload of IQE shares. I bought some of them at around 16p and they’re now around 116p as I write. The dilemma is that by holding on, I break a golden rule: always sell the lot after the kind of price jump which makes you gasp for breath.

CGNR
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Conroy Gold - sham GM result- rebels will call another, Prof Conroy your stockmarket days are numbered, the Sheriff of AIM is coming to Dublin to get you!

I revealed on Sunday how Professor Richard Conroy had abused shareholder democracy at a sham of a GM for Conroy Gold & Natural Resources (CGNR). In preventing three rebels from joining the board when that is what shareholders clearly wanted he has shown himself no longer fit to run a PLC. I can only compare his pastoral care of shareholder rights at Conroy to that handed out by the Christian Brothers to their wards at so many boys homes across Ireland in darker days of old. The Professor shames Ireland and shames AIM with his antics. Conroy has today failed to fess up to exactly what went on and also what has happened since. Okay, he asked for this, the Sheriff of AIM needs to go to Dublin.

TRT

Transense Technologies – another contract win announcement sees shares further higher, BUT…

Having previously noted shares in Transense Technologies (TRT) retaining their something of a recovery, they are currently further higher today, at 80p, on the back of an announcement of a “New iTrack Contract Win with BHP in Australia”

NYO

Nyota – former chairman selling again last week, now below disclosable 3%.

Following my run for the hills at the weekend, we learn today from AIM-listed Nyota Minerals (NYO) that the former chairman dumped another line of stock last Wednesday (informing the company on Thursday) – 25 million shares. His holding – which started as 90 million shares in lieu of director’s fees – was down to 55 million. Since it is now below 3% he’s free to dump the rest without bothering the RNS system. 

TCM
premium content

Telit - Smelly Cat, smelly Cat - its not your fault: talk me through the share dumping timeline again

I have just posted my analysis of today's disastrous interims from Telit Communications (TCM). This company is just drowning in red flags and the shares have crashed from 340p on May 25 when CEO Oozi Cats flogged £24 million worth to 156p. I could see this being a zero as explained in full HERE. But perhaps Oozi can help me on a few timeline issues just to explain why he is not an insider dealer. In return I have a special musical video just for him below...

US-Dollar

Will Facebook's Mark Zuckerberg replace Trump?

Mid last week the odds of Facebook CEO Mark Zuckerberg running for President in 2020 surged to 65% before decline at the end of the week. While Donald Trump is still favourite at 5/2, Paddy Power has just reduced the odds of Facebook co-founder Mark Zuckerberg winning the 2020 US presidential election from 25-1 to 16-1. Trump's deputy Mike Pence is tied second with Senator Elizabeth Warren with odds of 15-2. Other interesting inclusions to the betting odds list are wrestling super star and actor Dwayne Johnson (popularly known as the Rock, 16-1) and Michelle Obama (14-1). Zuckerberg is now ahead of Hillary Clinton whose dismal betting odds are dwindling even more, now going from 25-1 to 50-1.

TCM
premium content

Telit - as we often predicted this is the day the disaster unfolded, but can the CEO explain his £24m share sale?

I am not sure if Neil Woodford had a big stake but Telit Communications (TCM) ticked all the other red flag boxes for AIM casino disasters waiting to happen. UK Investor Show attendees know that this has been high on the bear's hit list for a while. Today the train wreck happened and as I write, shares in what was the most shorted stock on the casino, are 39% down at 156p. But a £199 million market cap is still a rum and coke. The shares could be 20p and I still would not buy. Pro tem I count this as another big win for the Sheriff of AIM.

C21

21st Century Technology – Contract Win share price rise, but what of margins & the balance sheet?

The largest percentage share price riser in London currently today is transport technology company 21st Century (C21). This is on the back of a “Contract Win” announcement…

ECHO
premium content

Echo Energy - gets into bed with twice convicted market abuser as its new broker

Having rather publicly fired its old retained broker Brandon Hill Research on 31 July for being sensible, Echo Energy (ECHO) has today announced it has a new broker Hannam & partners. Who? I must admit that I have never heard of this firm and an RNS search shows it acting for just one other London listed company as its retained broker. But maybe it has a big research capacity to ramp the shares? er...

DOTD

It's time to consider banking some profit on Dotdigital

Even with shares which have exhibited steady share price growth over a period of years there comes a time when you have to consider selling up and moving on, especially in cases where the market valuation looks to be ahead of the financials.

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ANP

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ORCP

Oracle Power: Cynical Foul

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