Introducing A Newly Listed Company which Is Making Piles of Cash
Hello Share Twiddlers. Continuing my theme that companies which build houses should do jolly well out of the various election promises to stimulate house building, I offer for your critical perusal another lot which services the building industry.
- By Malcolm Stacey |
- 19 May 2017, 01:10 |
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Frontera - Why an AGM BEFORE FY numbers are released? Is the balance sheet really THAT bad?
AIM-listed Frontera (FRR) has rather slipped since I last wrote about it last month HERE and HERE, concluding that it had a gaping black hole in its balance sheet. The shares were then trading at around 0.4p. This afternoon the shares are 0.31p in the middle (last seen) and it has announced its AGM. Just one thing: where are the full year results? The company is trying to raise c. £40 million in cash and loan settlements, and won’t show us the balance sheet? How big a RED FLAG do you want?
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 18 May 2017, 09:37 |
IndigoVision – AGM trading update sparks shares, still a speculative buy?
In March I stated there looked enough to justify a speculative buy of shares in networked video security systems group IndigoVision (IND), with they then at just over 180p. The following updates with the shares currently soaring, above 200p, on the back of an AGM trading update announcement…
- By Steve Moore |
- 18 May 2017, 09:26 |
Safestyle UK – AGM update, bank profits recommendation justified?
PVCu replacement windows and doors company, Safestyle UK (SFE) was a January 2016, 245p offer price recommendation on the Nifty Fifty – on which we suggesting banking profits at approaching 300p in March. The shares reached a more than 320p close yesterday, but are currently heading back towards 290p on the back of an AGM trading update…
- By Steve Moore |
- 18 May 2017, 08:03 |
LightwaveRF – “Google Assistant voice control” ramparoonie
Shares in LightwaveRF (LWRF) are currently circa 65% higher on the day, above 25p, on the back of a “Launch of Google Assistant voice control”-entitled ramparoonie (Oops) RNS announcement...
- By Steve Moore |
- 18 May 2017, 05:50 |
Veltyco – 2016 results, remains confident
Veltyco (VLTY) has announced results for the 2016 calendar year and that it “is confident that the group will continue to deliver strong growth”…
- By Tom Winnifrith & Steve Moore |
- 18 May 2017, 03:11 |
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Advanced Oncotherapy – another Bracknor Conversion, but look at the terms: how’s the Going Concern statement coming along?
Well, well. How do you issue shares at a discount to par? Simple: pay a whopping fee to the subscriber. AIM-listed Advanced Oncotherapy (AVO) has announced another loan note conversion under its death-spiral funding package with Bracknor and a new fee seems to have appeared which might just derail discussions between the company and its auditor as they work on the going concern statement for the forthcoming FY16 results due out by the end of next month. Oh dear, oh dear.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 18 May 2017, 03:11 |
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A magnificent seven damning points on Frontera by the great Waseem
The great bear Waseem Shakoor rates Frontera Resources (FRR) as one of the top 3 dogs for shooting on the AIM casino. He has just posted seven points for bulls to ignore as they ramp this worthless crap. Over to Waseem.
- By Tom Winnifrith |
- 18 May 2017, 03:11 |
Premaitha - full year trading statement: BUY
Premaitha (NIPT) has updated on trading in the year to March 31 2017. Of course, what matters is not historic trading but the future, that is to say the patent challenge by US corporate fascist bully-boys Ilumina. However, some numbers do matter...
- By HotStockRockets |
- 18 May 2017, 03:08 |
K3 Business Technology – another profit warning, faith lost. Sell.
K3 Business Technology (KBT) has updated that it “now believes that the results for the year to 30 June 2017 will be significantly below current market expectations” as “certain large Enterprise contracts have not been secured as expected”...
- By Tom Winnifrith |
- 18 May 2017, 02:56 |
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Just announced - MASSIVE NEWS: The Global Group UK Investor Show 2018
No comment is needed. The release speaks for itself and is utterly massive news about the expansion of our annual show.
- By Tom Winnifrith |
- 18 May 2017, 01:15 |
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If Corbyn wins the election I'd be better off moving my business to Greece - the simple maths
Jeremy Corbyn has promised to raise Corporation Tax from 19% to 26%, while the tax on dividends in the UK is now 25%. As far as I know that is not going to be increased by Labour, but who knows? The bottom line is that, as a part-time Greek resident but UK taxpayer, it actually makes sense for me to become a Greek resident and Greek taxpayer if Labour wins. Yes, this economic basket case run by socialist lunatics is a better place for me to do my business than a Corbyn-run Britain. Here are the maths....
- By Tom Winnifrith |
- 18 May 2017, 01:12 |
As Hackers and Computer Bandits Grow in Strength, so Does the Presence of this Techno Sheriff
Hello Share Graters. I’m always trying to find companies you may not be aware of. It’s a way of widening the scope of this largely critical website. Today I commend to your further investigation a company called Defenx (DFX).
- By Malcolm Stacey |
- 18 May 2017, 01:03 |
Corero – announces “secures second $1m+ SmartWall customer”. How much is the order for?
An announcement entitled “Corero (CNS) secures second $1m+ SmartWall customer”. Sounds good but, having previously written bearishly on this company, let’s take a look at the detail here…
- By Steve Moore |
- 17 May 2017, 09:44 |
Foxtons – Q1 2017 trading update, still a short?
London estate agency Foxtons (FOXT) has updated on the first quarter of 2017, seeing a significant decline in revenue on the corresponding 2016 period though arguing “performance has been in line with the board's expectations”…
- By Steve Moore |
- 17 May 2017, 08:10 |
Proxama – having spent “throughout 2016” trying to sell Digital Payments division, now asks us to believe it’s “the best owner” after all!
Proxama (PROX), 13th December 2016: “We have been reviewing various options throughout 2016 to sell the Digital Payments division with a priority being to maximise shareholder value… The company remains committed to the sale and we believe that it will be completed”. Today: “the board has concluded that we remain the best owner for Digital Payments division… retaining this division as part of the group, with an updated strategy”. Haha – so having spent “throughout 2016” trying to sell the business and stating it “committed to the sale”, we’re now asked to believe that the company is actually “the best owner” for the business after all!?!...
- By Steve Moore |
- 17 May 2017, 05:50 |
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InterQuest – possible management buyout offer, a piss take
With shares in InterQuest (ITQ) yesterday having increased on the day from comfortably below 40p to well above, at 3:51pm (noting the “recent share price movement” - nothing suspicious to concern AIM regulation then!) a newly created company (Chisbridge Ltd) formed by Gary Ashworth, Chris Eldridge and David Bygrave (respectively InterQuest Chairman, CEO and CFO and 33.3%, 0% and 0.1% shareholders) ‘confirmed’ “that it is evaluating making an offer for InterQuest at 42 pence per share in cash with a full loan note alternative”. They're taking the piss, surely...
- By Tom Winnifrith & Steve Moore |
- 17 May 2017, 03:01 |
Optibiotix - launch of Slimbiome and LPLDL products. Read closely & buy
OptiBiotix Health (OPTI) has announced what it terms the "successful" launch of its SlimBiome® and LPLDL® products at the Vitafoods Europe tradeshow in Geneva from the 9-11 of May 2017. The event provided the opportunity to connect with 16,500 industry decision makers from the supplements, nutraceutical, functional food and beverage industries. This is viewed as one of the world's leading trade fairs for the food and drinks industry. Yadda, yadda, yadda. Companies always say launches are successful. More jam tomorrow. So what. Etc. But no read on... We have underlined a few key words for you.
- By HotStockRockets |
- 17 May 2017, 02:48 |
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Petropavlovsk – board structure update amidst attempted coup
Petropavlovsk (POG) has updated on the attempted boardroom coup – including on its process to appoint an independent Non-Executive Chairman, a further independent Non-Executive director and opposition to the requisitioning shareholder nominees.
- By Tom Winnifrith & Steve Moore |
- 17 May 2017, 02:37 |
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Labour's Maths does not add up - Darren Atwater, Paul Mason and all the other London elitists are innumerate
Our in-house remoaning, money tree-worshipping, metropolitan elitist, Darren Atwater has posted an article suggesting that Labour's manifesto maths adds up. Maybe Diane Abbott and Darren think so, but no-one else will be fooled.
- By Tom Winnifrith |
- 17 May 2017, 01:44 |