From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Latest News

ESG

eServGlobal – argues breakeven ahoy after 2016 “turnaround”. Hmmm…

Having recently recovered to comfortably above 7p, shares in eServGlobal (ESG) are currently sliding back towards that level despite an AGM Statement including “we expect sufficient order flow in H1 to support our outlook of breakeven in the core business in the 12 months to 31 October 2017, and progress by HomeSend remains consistent with reaching a breakeven point during this calendar year”

RFC
premium content

Dave King on the hook for £14m - forced to bid 20p for Rangers FC and caned by Takeover Panel

The Takeover Panel has today slammed Rangers (RFC) supremo David King for breaching the UK Takeover Code as well as being a prize arse in not co-operating, indeed appearing to obstruct, its enquiry. The upshot is that he has now been told that he must launch a 20p per share offer for the 85.43% of Rangers he does not own by April 12. That will cost him up to £14 million if everyone accepts.

BVS
premium content

Housebuilders Bovis, Redrow & Galliford three in a bed shock photo emerges

The last time there was a mega merger in the housebuilding sector was 2007. Can you remember what happened next? Exactly. And thus today Bovis (BVS) announced that it had received bid approaches from both Redrow (RDW) and Galiford Try (GFRD). It has rejected both.

RXB

Rex Bionics – “Funding and strategic review update” – heading for a de-listing?... or worse?

Having previously concluded with shares in Rex Bionics (RXB) at circa 70p HERE, 43.5p HERE and 32.5p HERE, that, although a type of business you want to succeed, some way from being able to prove its commerciality and cash burn concerns until it gets there, the shares don’t look to appeal as an investment, I note they currently at 13p and an update including that “the company estimates that it will likely need external funding by the end of April 2017 in order to remain as a going concern”. Uh oh…

Bear

The economist understands what the politician does not want to admit

In a monetary system, like ours, when money is nothing as is it is not backed by anything, Central Banks can produce and controlled money largely at will. This has allowed governments to act like a common counterfeiter, producing money out of thin air to fund its own spending programs and/or reward its supporters, all at the expense of society as a whole. It is much easier to fund wars and welfare out of printed money than taxes, or borrowing from real savings. The steady erosion of money's purchasing power hits retirees the hardest, diminishing their ability to plan for a retirement of comfort and dignity.

BLVN
premium content

Even at the bitter end Bowleven's scumbag boss Kevin Hart treats shareholders with contempt as he falls on his sword

It is not just Hart, the CEO for a few hours more at Bowleven (BLVN), but also the overpaid, inbred, upper class fuckwits at PR spinners Brunswick who view ordinary investors with unmitigated contempt. Someone leaked it to the Times this morning that Hart was to resign as boss of Bowleven after years of being paid a fortune while destroying shareholder value. If that is correct he is jumping before he is pushed at the GM, called by Crown Ocean.

BP

BP or Not BP? That is Exxon's Question. Meanwhile, I'm in a Quandary

Hello Share Shakers. A bit of a dilemma faces me. I have some BP (BP.) shares in my ordinary trading account. I want to switch them to my ISA. When I do that, there’ll be an interim few days when I no longer hold the stock. For BP at the moment, this is a bit dangerous.

GWIK

Bulletin Board Moron of the Week Contest sponsored by the Glenwick Ramping Crew & Big Gib

Glenwick (GWIK) was once the darling of the AIM penny stock ramping crew led by twitter loon Big Gib. Naturally it has had various changes of strategy, spunked hundreds of thousands of quid on directors fees, advisors and deals that failed and this morning it was slung off AIM - as discussed HERE. The only question is did Big Gob et al get out at the top as they urged others to buy? So in honour of Big Gob I ask you to post in the comments section below the most ludicrous comment you can find on twitter or on a Bulletin Board this week. The deadline is midnight on Sunday 12 March.

FLX

Falanx - new CFO, check out that CV

At 6.25p-6.5p cyber security group Falanx (FLX) is capitalised at just £8.2 million. We think it will go higher. It is well up on our share tip  at a 4.25p offer so the stance is hold but this should be trading at well over 8p to sell ( our target) post the year end trading statement in a few weeks. But pro tem we were told last week that it has appointed Craig Dawson as Chief Finance Officer with immediate effect - check out his CV.

Bearcast
premium content

Tom Winnifrith Bearcast - Treating White Van man & the JAM's with Contempt - Chancellor Hammond Sucks

I start with the tale of Concha (CHA) and Ve Interactive from earlier - see HERE. What does that tell us about bubbles, especially in tech. Watch out for similar catastrophes at companies such as Allied Minds (ALM) and FastForward (FFWD). I then move onto the Budget and Chancellor Hammond's betrayal of the self employed which gives a lie to the idea that this Government wants to reach out to those Just About Managing and to those who are prepared to risk all to do what this country needs and become an entrepreneur.

CHA
premium content

It took a year but my "insanity" call on Concha 100% validated

Almost exactly a year ago, investment vehicle Concha (CHA) spunked £4 million on a 0.43% stake in new media darling Ve Interactive a deal and valuation that I branded as "insane". Hey ho, today's Sunday Telegraph suggests that the Sheriff of AIM is right once again.

ECR
premium content

Buy ECR Minerals at up to 1.9p - target to sell 2.5p+

We tipped this stock last week at a 1.7p offer. The target to sell is 2.5p + . The shares are a buy at up 1.9p. The tip reads:

SWAP

Filthy Forty MoneySwap – new rescue deal in the offing but time running out

ShareProphets AIM-China Filthy Forty play MoneySwap (SWAP) announced last week that it was in discussions with a new potential white knight saviour in the form of Wraith Holding BV, a Netherlands-based vehicle of a Mr Gilbert Armenta which has been incorporated for the purpose of investing into the company. But time is running out: having been suspended pending accounts since 21 September last year the company only has until a week on Tuesday to get both Finals to March 2016 and interims to September released or its AIM-listing is toast.

MAYA
premium content

Red Flags Still Fluttering at Mayair Group

Back in August I suggested that Mayair Group (MAYA), which purports to provide clean air solutions in China might not be so different from other AIM listed China plays.

OLOT

Ocelot Partners: At last, a Standard List star is born – I have great hopes

Just like the moment when Rooney scored THAT goal against Arsenal in 2002 as a 16-year old in off the crossbar from 25 yards, launching himself into the limelight, I gave a yelp of delight when reading the “Intention To Float” announcement issued by Ocelot Partners (OLOT) last Wednesday. Finally, the Sub-Standard Shockers XI may have found that playmaker with a bit of magical star quality that it can build a team around.

Newsboy
premium content

Notes from Underground: Show of Shows

It's with a sharp sense of horror that I realise that it's only three weeks until the the UK's most interesting investing event, the UK Investor Show. Not that the show will be a horror - it'll be terrific - but I'm suddenly jolted into all the last minute things that need to be done on my part and, well, general horror.

Bearcast
premium content

Tom Winnifrith Bearcast - Sound Energy now firmly on the bears radar screens

I refer to young Steve's article earlier on the most shorted AIM shares. The fact is that most AIM shares cannot be shorted at all. There then follows a discussion on Sound Energy (SOU), Boohoo.com (BOO) and Telit (TCM). On a serarate note I look at LGO Energy (LGO). When the facts change what do you do?

Atomic

Uranium Exploration Companies will Continue To Make Impressive Gains

Hans Peter Zihlmann has been a portfolio manager for a long time and remains excited about uranium even after its good performance over the past year. His Timeless Uranium Fund is up 34% since uranium bottomed in November, and from the beginning of this year it is up 40%. His fund covers the entire uranium sector, with exploration currently being most attractive. Recent days have shown a drop in the price of uranium with a corresponding drop in stocks, Peter remains unconcerned as demand is increasing due to China, India and Russia building reactors. Since companies cannot be profitable in production due to the uranium price being so low, he remains very bullish long term.

SYM

Symphony Environmental Results - more good news

Symphony Environmental Technologies (SYM) has announced results for the 2016 calendar year and that “we expect to build on the positive momentum and are optimistic for a successful year ahead”.

LGO
premium content

Why did we tip LGO Energy? Let me explain and here is that tip

Certain folks wonder why we, on HotStockRockets, we tipped shares in LGO Energy (LGO) as a buy? Well the reason of course is that we thought they were going to go up and we want our readers to make money. On 28 February when we tipped the shares they were 0.115p offer ( that is 2.3p in today's post consolidation money). They are now 3.35p bid so our readers are very much in the money after just 11 days!  But why tip this stock. The best expanation is the original tip which is below. Remember the 20 for 1 consolidation when reading it.

Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

Most Read in the Past Seven Days

That Was the Week that Was

 

ANP

Anpario – a recovery Buy?...

Thursday »

Cat_Fixing_Lightbulb

Bearcast issue update: all should be well

 

ORCP

Oracle Power: Cynical Foul

Time left: 03:11:48