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?
- By Tom Winnifrith, The Sheriff of AIM |
- 25 June 2017, 01:45 |
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.
- 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 |
premium content
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 |
premium content
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 |
premium content
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 |
premium content
Tom Winnifrith - the shares that are my 18 holdings: the non dirty dozen and a half
Okay I do not own these shares personally. I case anyone is thinking of going for me in a libel case I own nothing but FIML, owned by my family trusts, has built from scratch a fairly sizeable portfolio of 18 stocks. For what it is worth here they are in descending order of current value.
- By Tom Winnifrith |
- 24 June 2017, 01:47 |
Video: Bearish on markets, short term mega bearish on uranium - Rick Rule
In the latest video podcast from Palisade Capital, perhaps the world's best known resource fund manager, Rick Rule of Sprott, discusses the surprising lack of volatility in the markets and with the various worldwide challenges one would expect it to be much higher. He is not optimistic when one looks at the collective balance sheets of governments with their underfunded pension plans and is acting on the assumption that the markets will get more volatile.
- By Tom Winnifrith |
- 24 June 2017, 01:25 |
premium content
Minoan share price weakness - panicking? No - Time to BUY
Shares in Minoan (MIN) were up a smidgeon Friday but have been heading the wrong way all week. At the time of writing they are 7.5p-8.5p - a spread wide enough to drive a bus through. Market makers really do take the piss on occasion if not most of the time. Anyhow is anything wrong? Let's deal with the various rumours sent to us by email.
- By HotStockRockets |
- 24 June 2017, 01:16 |
premium content
Echo Energy: The “Cornerstone Investor” leaving so soon – surely not?
My second piece on insiders cashing in and odd TR-1’s is, very predictably, looking at Echo Energy and, in particular, the two late RNS’s on Friday afternoon which show that the “Cornerstone Investor”, Greenberry plc, is offloading shares and warrants all over the shop and appears to be almost giving them away too – what a charitable sort! Let’s take a look.
- By Cynical Bear |
- 24 June 2017, 01:15 |
InterQuest – management-buyout attempted robber barons struggling on acceptances
The attempted robber barons of the InterQuest (ITQ) management buyout team (at Chisbridge Ltd) have made a “Level of Acceptances Update & Extension of Offer” announcement - and the independent director at InterQuest has responded…
- By Steve Moore |
- 24 June 2017, 01:12 |
premium content
Red Leopard Holdings: Congrats to Mr Akers – he could be an AIM millionaire (again)!
A couple of pieces this weekend on similar themes, namely insiders cashing in and unusual, or complete lack of, TR-1s. This first article looks at the astonishing amount of money seemingly made in no time at all by Chris Akers at Red Leopard Holdings (RLH).
- By Cynical Bear |
- 24 June 2017, 01:10 |
Table of shorted AIM shares - week to 23/06/2017
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 Steve Moore |
- 24 June 2017, 01:08 |
Crazy Times Call for Sensible Precautions - Keep Your Selling Finger Poised.
Hello Share Pokers. If any more evidence was needed that we live in strange times it is this weekend’s news that the Bank of England was investigated by the Serious Fraud Office. I ask you!
- By Malcolm Stacey |
- 24 June 2017, 01:08 |
Sell the Ocado Rally at 300p
Until recently the stock market has been very kind to Ocado (OCDO), with the shares in May rising from 250p to nearly 320p valuing the enterprise at north of £2 billion. The company has though never remotely justified its market cap on fundamentals and has therefore needed to tease investors with hints of a huge, game-changing, deal.
- By Lucian Miers |
- 23 June 2017, 08:51 |
premium content
Another crony capitalist awards dinner and the ShareProphets team AGAIN trounced by clowns like Lagos Securities
In case you missed it, last night was the The fifth annual Small Cap Awards' black tie gala in London. The crony capitalists from across the Square Mile gathered to say how well they had done being paid vast amounts to stuff dumb fuck investors into shite stocks, before the spivs departed for some late night celebratory coke and hookers. And boy were the crony capitalists doing well. Let's start with the winners:
- By Tom Winnifrith, The Sheriff of AIM |
- 23 June 2017, 08:50 |
Vipera – partnership announcement, though will it again need to be fundraising ahoy?
Vipera (VIP) “is pleased to announce a partnership with Mambu a leading SaaS alternative to traditional core systems powering banking and lending” - and the shares are currently 9% higher above 6p, so let’s take a look…
- By Steve Moore |
- 23 June 2017, 07:10 |
Hayward Tyler – possible offer saga soon to conclude?
Having on 31st March announced possible offer discussions with an initial deadline of 28th April, there is now another “extension to deadline” announced by Hayward Tyler (HAYT). However, is this saga now soon to conclude?...
- By Steve Moore |
- 23 June 2017, 04:30 |