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Invited to become an AIM Casino NED - I'm flattered but I'd rather eat my own toes
I will not name the company but suffice to say its management are greedy bastards who have not delivered. Its assets are shite and its balance sheet a trainwreck. The company and all associated with it, especially the paid shrills, merit a one way trip to the glue factory. With those clues I guess that narrows the list of possible candidates down to about 60% of the stocks on the Casino.
- By Tom Winnifrith |
- 15 July 2017, 07:19 |
Begbies Traynor – positive full-year results, a counter-cyclical buy
Begbies Traynor (BEG) has announced results for its year ended 30th April 2017 and that “we anticipate a growth in earnings in the new financial year”…
- By Tom Winnifrith & Steve Moore |
- 15 July 2017, 06:43 |
Video: Gold, silver and precious metals - the primary trend is down
In this video from Jordan Roy Byrne, Palisade Capital covers Gold and Silver and where they could go over the very short and medium term. It also covers gold stocks which are trending lower slowly but remain in a massive multi-year bottoming process. Overall the picture is one that will make the bears not the bulls happy bunnies.
- By Tom Winnifrith |
- 15 July 2017, 05:57 |
Collagen Final Results - well telegraphed: BUY
What with all the trading statements and the placing at around the year end, results from Collagen (COS) were pretty well telegraphed. There were no surprises but the CEO statement is upbeat and that seems to have been overlooked.
- By HotStockRockets |
- 15 July 2017, 05:50 |
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African Potash - will the fraud be thrown off NEX on Monday or will the establishment bend the rules for Lord Hain of Sleaze?
To be thrown off one market because your adviser tired of signing off on lies is understandable, if you are a fucktard in AIM Regulation who does not care about fraud. But, to paraphrase my fellow Anglo Irishman Mr Wilde, to be thrown off two markets for that reason looks like carelessness. And that brings us to the fraud African Potash (AFPO).
- By Tom Winnifrith, The Sheriff of AIM |
- 15 July 2017, 05:36 |
Stuttard’s Septic Seven July update: when will it be two?
Oh boy, it’s time to revisit Marcus Stuttard’s Septic Seven and we have yet another suspension. You will recall that this portfolio of seven diversified stocks from the AIM Casino was chosen for Mr Stuttard so that he might demonstrate his faith is his own regulatory setup at the world’s most successful growth market – but with the caveat that all the stocks selected had been Red Flagged but were still trading. In the week that the LSE washed its hands of any responsibility for fraud it is scores of the doors time, after not quite 10 months.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 15 July 2017, 04:42 |
Table of shorted AIM shares - week to 14/07/2017
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...
- By ShareProphets |
- 15 July 2017, 01:10 |
Its Big Unification Drive Could Crown Kingfisher as a Royal Share.
Hello Share Tickers. Shares in Kingfisher (KGF) have taken a pounding since the end of May. But the current share price of 295p, down from 368p then, may be worth more in my opinion.
- By Malcolm Stacey |
- 15 July 2017, 01:00 |
InterQuest – management-buyout attempted robber barons extend offer again as still struggling on acceptances
The attempted robber barons of the InterQuest (ITQ) management buyout team (at Chisbridge Ltd) have made an “Update on Level of Acceptances and Offer Extension” announcement…
- By Steve Moore |
- 14 July 2017, 09:30 |
Plant Health Care- you confuse management greed with incentive
In theory share options are there to incentivise management. There is of course scant evidence that directors who are often grossly overpaid will actually work even harder/be less lazy because they get to have a one way bet on the share price. It may encourage actions that drive short term share spikes but is there a proven link between options and value creation? Er... no. What we we do know is that options are not cost free.
- By Tom Winnifrith |
- 14 July 2017, 09:05 |
Why the Federal Reserve is doomed to failure, and soon - and how to hedge against it
Jekyll Island is a real place, off the coast of Georgia, it marks the birthplace formation of the Federal Reserve System. In 1910 a group of wealthy bankers and industrialists met and formulated a plan to take over the money system. In this podcast G Edward Griffin discusses why - 104 years later - the Fed is doomed and will fail.
- By Tom Winnifrith |
- 14 July 2017, 08:21 |
Post half-year 2017 update: Top shorted London-listed shares
From the FCA's spreadsheet of short positions required to be disclosed to it, we previously updated at Easter the top shorted London-listed shares HERE. The following updates, showing those with a current reported short position of +7% (those in bold new entrants post the Easter update)...
- By ShareProphets |
- 14 July 2017, 07:27 |
Fox Marble , shares down on Beaufort appointment - unfair but the RNS is a lie from a brain dead PR firm
Shares in Fox Marble (FOX) fell by almost 10% to 8.25p-8.5p on the back of news that it had appointed Beaufort Securities, Belfort Secs to its legion of admirers, as the company's joint broker. The assumption is that Belfort, whose clients are mainly bucket shops, will be doing a discounted placing. that is not the case, Fox has enough cash to get it through to profitability but Belfort's reputation proceeds it. Fox has gone on the record to say there is no placing.
- By Tom Winnifrith & Steve Moore |
- 14 July 2017, 06:59 |
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Challenger Acquisitions: Oh, oh, the wheel has finally stopped turning – could this be the end?
Not that Challenger Acquisitions (CHAL) has bothered with an RNS but the wheels are literally falling off here with disastrous news pertaining to its only real asset, the New York Wheel. If you haven’t got out already I suggest you do so now and save a few pennies while you can.
- By Cynical Bear |
- 14 July 2017, 04:39 |
DX Group – anticipates continuing challenging trading, CEO & FD ‘step down’
Having listed at 100p per share in February 2014 and currently suspended at sub 10p amidst reverse takeover discussions for John Menzies' Distribution division, parcels, mail and logistics group DX (DX.) has now announced “an update on trading, reorganisation of the business and board changes”…
- By Steve Moore |
- 14 July 2017, 04:30 |
MySQUAR Limited – was brought to AIM and is audited by PKF Littlejohn – what could possibly go wrong?
In a brochure boasting of its (dis) services to the capital markets, auditor PKF Littlejohn proudly lists some of the clients it has helped bring to London’s capital markets (some of which it also audits). The roll call of shame includes:
- By Tom Winnifrith, The Sheriff of AIM |
- 14 July 2017, 01:18 |
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Nomad Cenkos put "on record" re the Mercantile Ports fraud - letter 6, about Mr Gandhi the chairman
When disgraced AIM casino posterboy Mercantile Ports & Logistics (MPL) moves from being a member of the minus 98% club in which it currently sits to being a member of the minus 100% club, I want it known that Nomad Cenkos has been fully aware of massive issues all along and has done nothing other than bank obscene fees. As such we have run a series of letters from a big shareholder to Amber Wood, head of Corporate Governance at Lagos Securities, HERE and HERE and HERE and HERE and HERE. Now for letter six which puts fragrant Amber and Lagos, Nomad to the Quindell (QPP) fraud as well, on notice for when the final wipeout occurs that they will be held accountable. This letter has also been cc'd to AIM Regulation - I know they are useless but surely even they must realise that Lagos Securities has "form."
- By Tom Winnifrith, The Sheriff of AIM |
- 14 July 2017, 01:10 |
Why Legal & General's Graph Looks Like a Stairway to Heaven
Hello Share Turners. As I’ve mentioned before, I’m a fan of insurance companies. They seem to be the one arm of the financial industry which is really coming along. Firms like RSA (RSA), even with its massive PE ratio, and Admiral (ADM) are paddling forward nicely in the river of capital returns and juicy dividends.
- By Malcolm Stacey |
- 14 July 2017, 01:02 |
AIM-China Grand Group – after the shares fall at last an update
AIM-China play Grand Group (GIPO) may not be of the filthy forty for listing too late, but the share price has been telling you something, given the massive discount to cash on offer. I said on Monday that a statement was needed as the shares again collapsed. Today (at last) it has obliged.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 13 July 2017, 09:15 |
SweetBiotix® development: Results of human taste study: more good news from Optibiotix but no SMTM Moment
Optibiotix (OPTI) has announced the success of human taste studies in its SweetBiotix® product development programme. The programme has been designed to develop sweet natural healthy fibres, called SweetBiotix®, which are not digested in the human gut, and hence calorie free.
- By HotStockRockets |
- 13 July 2017, 09:02 |