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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!
- By Tom Winnifrith, The Britpop Trivia Sheriff of AIM |
- 26 June 2017, 04:20 |
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.
- By David Scott |
- 26 June 2017, 04:19 |
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…
- By Steve Moore |
- 26 June 2017, 04:14 |
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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:
- By Tom Winnifrith |
- 26 June 2017, 03:38 |
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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!
- By Nigel Somerville & Tom Winnifrith |
- 26 June 2017, 02:41 |
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.
- By Ross Norman of Sharps Pixley |
- 26 June 2017, 02:20 |
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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?
- By Tom Winnifrith, The Sheriff of AIM |
- 26 June 2017, 02:09 |
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.
- By Darren Atwater |
- 26 June 2017, 02:01 |
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....
- By Tom Winnifrith, The Sheriff of AIM |
- 26 June 2017, 01:59 |
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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.
- By Tom Winnifrith, The Sheriff of AIM |
- 26 June 2017, 01:11 |
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.
- By Malcolm Stacey |
- 26 June 2017, 01:09 |
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.
- By Darren Atwater |
- 25 June 2017, 02:51 |
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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?
- By Tom Winnifrith, The Sheriff of AIM |
- 25 June 2017, 01:45 |
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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.
- By HotStockRockets |
- 25 June 2017, 01:43 |
Petropavlovsk - the dodgy Russians win, Hambro et al out, what to do...
Rather as in the general election we found ourselves on the losing side at the Petropavlsovsk (POG) EGM. Peter Hambro and all bar two of the old board are out and nominees of the dodgy Russian shareholders are in. How should one view this?
- By Steve Moore & Tom Winnifrith |
- 25 June 2017, 01:38 |
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Reader Poll Advanced Oncotherapy share price by close of play Friday?
Advanced Oncotherapy (AVO) shares have fallen from a ramptastic peak of 350p to just 13.5p to sell as at last Friday. But sell you should as I explained again today HERE. The question is what will the shares be trading at ( mid) as at next Friday which is a critical deadline. What do you think? Let's gloat on the professional graves of scumbag crony capitalist Dr Michael Sinclair, arch share ramper Alan Green and PR low life Paul "Queenie" McManus. With a deadline of 7 AM Monday 26th vote now in the poll below.
- By Tom Winnifrith, The Sheriff of AIM |
- 25 June 2017, 01:33 |
Reach4Entertainment - Stoller resigned from board stays with Spotco - what next? BUY
We had heard that there were boardroom, er discussions, underway at Reach4 Entertaiment (R4E) and thus it is no great sutprise to see that David Stoller is to step down as Executive Chairman and as a director as of September 30.
- By Steve Moore & Tom Winnifrith |
- 25 June 2017, 01:24 |
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Bellzone Mining equity is all but worthless - do you know about the China crooks?
Bellzone Mining (BZM) was floated by Canaccord in 2010 (on April Fool’s day as it happens). It raised £30 million at 35p to fund the development of an iron ore project in Guinea, West Africa, the baby of Aussie entrepreneur Nikolajs Zuks, valuing the company at £184 million. Seven years on the company is still in the feasibility stage, having spent $336 million of shareholders’ money and, with the share count having more than tripled, the market cap is £33 million.
- By Lucian Miers |
- 25 June 2017, 01:17 |
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Tom Winnifrith: I lied to you - I have a 19th share, I'm 99.75% down in four months and over the moon
Yesterday I revealed to you the 18 shares I own and thanks for all the comments. For the avoidance of doubt that portfolio started at zero four and a bit years ago and we have more than trebled our money to date. It happens. But I lied to you, the portfolio is incomplete. I own two other shares.
- By Tom Winnifrith, The Sheriff of AIM |
- 25 June 2017, 01:03 |
Notes from Underground: On fire but not getting burnt
The standout story of the week is Tom Winnifrith - the shares that are my 18 holdings: the non dirty dozen and a half which not only takes the top spot, it only went up yesterday and easily blew past every other story as it was Tweeted and passed around the bulletin boards. It can be crazy when a story catches fire like that.
- By Darren Atwater |
- 24 June 2017, 23:22 |