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Latest News

HRN

Hornby – regime change General Meeting requisition withdrawn

Hornby (HRN) has updated that “further to its announcements dated 10 April 2017 and 25 April 2017… on 8 May 2017 it received a letter… withdrawing with immediate effect the requirement for the company to proceed with convening the requisitioned general meeting”

Chocolate-Teapot
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Excellent expose by The Telegraph: £70k for the Chocolate Teapots' (almost) identical logo

Tom Winnifrith keeps reminding us that frauds, like Labour Governments, always end up running out of other peoples’ money. And that brings us to the Chocolate teapots of the FCA which have been exposed in an excellent piece in The Daily Telegraph as having spent enough to keep a couple of nurses on shift for a year to have its logo redesigned….to almost identical and equally pointless window-dressing for its website and corporate communications. Why not spend the cash on catching criminals? I am reminded of images of yester-year of swanky new deep-pile carpets in the hospital chief executive’s office whilst patients waited for years to regain mobility offered by a hip replacement.

ADL
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Well Done Brokerman Dan - Andalas suspended ahead of bucket shop bailout

He gets much wrong, but I take my hat off to the old bank robber as he has got Andalas Energy (ADL) shares suspended today by revealing that it was trying to get away a bailout placing at 0.05p-0.06p. Dan has compared Andalas to " a crock of shit" but his assessment is unfair. Unfair on a crock of shit that is.

NYO
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Nyota Minerals – mega ramp & joke valuation following discounted, ‘keep the lights on’, placing?!?

Last week Nyota Minerals (NYO) was “pleased to announce” a placing to raise up to approximately £93,880 (approximately Australian$120,000) at 0.02p per share. Despite this thus looking very much a ‘keep the lights on’ raise, the shares have currently reached 0.07p. Hmmm…

SEPU

Sepura – The rollercoaster continues: where’s Dean Gunnarson when you need him?

Great news from Sepura (SEPU) this morning as the rollercoaster deal with Hytera continues with the announcement that the UK government seem minded to allow the deal to proceed. Just the pesky Germans to deal with now. I feel the skills of Dean Gunnarson are needed now. Who’s Dean Gunnarson you might ask, quite understandably. Well, read on….

UKOG
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Breaking - UK Oil & Gas - placing underway at 1p: source

Even here, half way up a Greek mountain in the snakefields, word reaches me of a major fundraising being undertaken at 1p by UK Oil & Gas (UKOG).

IQE

A New Silicon Valley Is Planned, Boy-o. And IQE Is Part of It, Look You

Hello Share Moochers. After I commended IQE (IQE) the shares have gradually improved, now by some 200%. I very much considered taking profits. Only one thing stopped me last week: the thought that surely some predator had the Cardiff company in its sights. I’m now glad I didn’t sell for a different, more tangible, reason. The case to buy more shares gets better.

MDZ

MediaZest – “Significant Project Completion” ramparoonie (Oops, sorry) ‘announcement’

“Significant Project Completion” announcement sees shares in MediaZest (MDZ) currently around 30% higher on the day. Oh, it’s a “Non-regulatory”, RNS Reach ramparoonie (Oops, sorry) ‘announcement’…

ECK

Eckoh – “comfortably in line with market expectations”... but what about September’s profit warning?

“Eckoh plc (ECK), the global provider of secure payment products and customer contact solutions, today issues a trading update for the year ended 31 March 2017. The board of the company confirms that trading for the year ended 31 March 2017 was comfortably in line with market expectations”. Hmmm, what about the September announcement that “it is expected that the company's pre-tax profits for the year to 31 March 2017 will be below market expectations and is expected to be in line with the performance last year” though?...

AVO
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Advanced Oncotherapy – another day, another spoof? Spot the missing statement....

Advanced Oncotherapy (AVO) has announced that NED and highly respected senior clinical oncologist at Great Ormond St and Barts Dr Nick Plowman “will” invest £250,000 in the company – at 30p a share, a 36% premium to last week’s close. Why am I not convinced that this morning’s announcement is anything other than the most desperate of spoofs in a long line of spoofs here?

Gold
premium content

The United States Is Hosting A Debt Party – $2,000 Gold Is Coming

Palisade has been a perma bull of gold. We think that its target for the yellow metal is er..optimistic. But we are bulls and anyone without material gold exposure - c15% - is, in our view, bonkers. Anyhow from Palisade a reminder of the bull case.

Moneytree

The Swiss Central Bank is buying up Apple Inc. shares with printed money

Presently the markets are blissfully ignorant of the threat that imminent global central bank tightening poses on risky highly valued assets. Despite the market’s current perceived calm facade and low perception of risk, the vast chasm that lies between perceived risk and reality is greater than ever before.

RDT

Winner of the Bulletin Board Moron of the Week Contest - sponsored by Rosslyn Data

It's congratulations to a longtime poster, first-time winner whose contributions have been almost exclusively on ShareProphets.

FFWD

FastForward Innovations – More concerns over the Lingo Media / Schoold deal: will it actually happen?

I wrote about the rather unexciting merger between Schoold and Lingo Media that FastForward Innovations (FFWD) announced in March (HERE) but with Lingo Media recently issuing its full year results, I felt it merited an update. They don’t make great reading and I’m beginning to wonder whether the deal will actually go ahead.

Primary
premium content

LGO Energy, Versarien, Ascent Resources - who is next? Be Prepared...

In days gone by when smaller companies on AIM wanted ro raise cash they went to City brokers and offered them shares at a huge discount with private investors locked out. It was wrong and it was unfair. But all that has changed with Primary Bid.

RRS

Another good update from Randgold Resources - still a buy

I have been a fan of Randgold Resources (RRS) for a long time and the latest update from the company continues to support my bullish view here.

Timebomb

Leavers are either nuts or hiding what they're really on about. There, I said it

Old-time Labour voters have been moving to the Tories by the thousands over Brexit. What is it that they are truly concerned about?

TLY

I Might Try Totally Again as I May Have Totally Sold Too Soon

Hello Share Gatherers. Totally (TLY) is a smallish healthcare company I think I've deserted too quickly. And now, even though I am no longer a shareholder, I still think this is a reasonable punt.

US-Flag-Blonde
premium content

Energous Group looks a bit like a posh Cloudtag

There has been much merriment in the bear community recently with the spectacle of short seller Marc Cohodes more or less single-handedly exposing the shenanigans at Toronto listed sub-prime lender Home Capital Group on his twitter feed. The debacle has now become main stream news in Canada and Marc has attained a kind of rock star status amongst his burgeoning army of followers.

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