From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Latest News

BLUR

Blur Group – significant shareholder selling following Friday’s A-Grade corporate horse spouting

“Holding(s) in Company” announcement in Blur Group (BLUR) of a transaction on Friday – the day in which at 7am it released an “Update on financing, business plan and trading”

QPP
premium content

Exclusive: The full Slater & Gordon High Court Claim against Watchstone for £537m - damning on Rob Fielding, David Curry & the lies Quindell told

Slater & Gordon (SGH) spunked £649 million on buying the worthless, fraudulent assets of Quindell (QPP) in 2015, a deal that has seen its shareholders suffer a 99% wipeout. It has now filed a UK High Court claim against Watchstone (WTG), Quenron as was for £637 million and we have obtained the papers and, in a major scoop, publish the Claim in full below.

TRT

Transense Technologies – further Glencore contract win, but what does it mean?

Transense Technologies (TRT) “is pleased to announce… a further contract through its Australian distributor, Brownfield Engineering and Maintenance PTY LTD to supply iTrack II mining tyre monitoring systems for large haul trucks to Glencore Mining” - this helping the shares more than 9% higher to 71.5p. Let’s take a look…

CVSG

It's Raining Cats and Dogs for the Vet with 20 Million Patients

Hello Share Buglers. If you have cats like me, or dogs, you’ll be painfully aware of how much vets charge these days. I’m sure they need years of training and the drugs they use don’t get any cheaper, but the price I pay for two daily tablets to keep my cat’s thyroid problem at bay is rather unnerving.

WAND

WANdisco – share price recovery continues on Silicon Valley Bank announcement

Shares in ‘big data’ company WANdisco (WAND) are continuing a recovery on the latest news of an agreement with Silicon Valley Bank.

AERO

Strat Aero - shares double on results but the company is almost bust - placing ahoy!

Shares in Strat Aero (AERO) have almost doubled today to 0.14p which amazing as the final results for calendar 2016 are out and are utterly crap. Okay they are less crap than 2015 but they are crap and indicate that the company must be as near as damn it, bust. Yes we are promised more jam tomorrow but before we get there surely it is placing ahoy?

BLUR
premium content

Video: A song for Phil Letts and his ghastly Mrs...

I see shares in Blur (BLUR) are tanking again. Quelle suprise - given that it could be tits up time in three weeks. Anyhow for Phil Letts and his fellow grossly overpaid director his Mrs a song to brighten up the day. Natch as I think happily to a concert way back then in a summer's evening in Mile End Park, it's by Blur...  To The End!

Collapsing-Reactor

Mother Of All Bubbles - there is no such thing as a free lunch

It typically takes about a 5% cut in US interest rates to fight bad US recessions and it was even worse after the Lehman crash in 2008. The Fed ran out of ammunition after 4.75% points and had to flood the system with liquidity by printing money. The total was, in artificial terms, the same as an 8.5% cut in rates. Currently the Fed has just 1% of cuts to play with in a crisis and in addition more QE is looking unlikely with both a growing electoral backlash and the fact that the two new Fed members suggested by the Trump administration, Randal Quarles and Marvin Goodfriend, are both staunch conservatives and very hostile to QE. This means the Fed may have to fight the next downturn with little in its arsenal.

HRN

Hornby – responds to Phoenix offer document publication, argues “significantly undervalues”...

With an acquisition of shares last week by major shareholder, Phoenix, seeing it required to make a mandatory cash offer for Hornby (HRN), the latter has responded to the news that an offer document has been despatched…

BST
premium content

Big Sofa - is the unnamed Consumer Goods Multinational Partner P&G? we think it is

On 12 June Big Sofa (BST) announced a Global Agreement with a Consumer Goods Multinational based in the US. This was a big deal and reinforces our bullishness on the shares. But it did not name the company. But hang on have a look at the company's recently updated website below:

AVO
premium content

Advanced Oncotherapy – when the Final Results don’t tell you everything you need to know

AIM-listed Advanced Oncotherapy(AVO)  has released its final results RNS for 2016 with four days to go before deadline day  Bully for Advanced. But there are no notes to the accounts and why is there no no auditor’s statement – the very things that we were looking for. What is the company hiding? We are told that the report WILL be made availlable on the website but hang on...this is crucial!

Gold

56 tonne gold sale in 60 seconds rocks bullion market: muppets at play?

At 09:00 this morning gold was rocked by a 56 tonne (1.8 million ounce) gold sale - but it remains a mystery who ... and why.

MAGP
premium content

Bombshell: How Rita Whittington changed her service agreement at Magnolia after GM requisition - this is attempted theft

As we saw earlier as I relayed the sordid take of Rita, her brother and Belle Trace, not so lovely Riita Whittington, the shamed and embattled CEO at Magnolia Petroleum (MAGP) entered a service contract with her employer on 11 November 2011. On 2nd June 2017 the company received a GM request to, inter alia, fire Rita. So what to do?

Moneytree

Winner of the Bulletin Board Moron of the Week contest - sponsored by David Lenigas on steroids

It's a sad day in the annals of the Bulletin Board Moron contest. 

MRS

Oooo Err Mrs - Management Resources Solutions picks up A$3.6m claim - wipeout?

Those who took part in the 5p £3.5 million placing in Management Resource Solutions (MRS) in April could today sell at a loss of 50% after news came in that the company faces a potential wipe-out event - a A$3.6 million legal claim. Oh dear. At least we long term bears can raise a smile. TW 7 BB Morons nil. Once again those who thought they knew better did not....

MAGP
premium content

P45 for Rita Whittington - how SHE made $491,500 in 3 months, trading in Magnolia's back yard

At a number of levels this is critical and adds to the, already compelling, case for diching Rita Whittington at the forthcoming Magnolia Petroleum (MAGP) GM. Putting family on the payroll is bad enough, operational failure & misleading statement after misleading statement are clear but this is sordid.

CEY

Walk like an Egyptian & Consider Grabbing A Glittering Interest in this Big Miner - Just in Case

Hello Share Peelers. Some of the smarter minds in the big city keep telling us that gold will explode in value sooner or later. And yet the price of the yellow stuff is not exactly exploding. Never mind, if only as a hedge against shares in all other sectors, it makes sense to maintain an interest in gold.

Moneytree

New Bulletin Board Moron of the Week contest - sponsored by David Lenigas on steroids

The prize is a cheap one way flight to Mars organised by Elon Musk a promoter who makes David Lenigas seem bashful and understated. The challenge: We're looking for exemplary examples of sheer stupidity from those founts of brilliance; LSE.co.uk, III.co.uk and ADVFN.co.uk. The deadline to post your entries in the comments section below is midnight, Sunday 25 June.

MPL
premium content

For the Record No 3: Nomad Cenkos YET again put on record about RNS lies by client Mercantile Ports & Logistics

When AIM listed Mercantile Ports & Logistics (MPL) disappears up in smoke having sent tens of millions of UK Investor cash to money heaven, the stink will force Nomad Cenkos to show that it acted in a way that did not bring the Casino into disrepute, as it did when it allowed Quindell to commit wholesale fraud. Thus one shareholder, a veteran of the ports and logistics industry, is putting Cenkos on record now so that it can have no excuse at the death. letter one HERE raised clear questions of fraud. Letter two HERE showed more cases of how Mercantile misled investors. Now the shareholder has followed up again with a third letter to the head of corporate governance at Lagos Securities, Amber Wood, cc'ing in Redleaf, the PR to Mercantile as well as Quindell at the height of that fraud. Do Cenkos and fragrant Amber give a toss about clients lying to investors?

FLX
premium content

Falanx - very odd share price moves ahead of results date: upgrade of stance to BUY

Shares in Falanx (FLX) were almost 10p a month ago. The other day they were 6.25p to sell. What on earth happened? What fundamental event caused the company to lose more than a third of its value? Of course there was no such event. Price does not equal value.

Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

Most Read in the Past Seven Days

That Was the Week that Was

 

CTAI

Catenai – monster dilution

Time left: 16:37:56