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African Potash Accounts - A question for Lord Peter Hain of Sleaze
I am sorry if I sound a bit one track minded today but you will remember that African Potash (AFPO) sent me a fascist lawyers letter ( c/o now three time losers against me Memery Crystal) demanding I pay it £2,000, unpublish my articles on it, never write on it again and pay it damages on top back in September 2016. Natch I declined the offer and the fraud that is Potash has been in freefall to insolvency ever since. Moral of the story: don't mess with The Sheriff of AIM. Now, I have a question for Lord Peter Hain of sleaze who chairs the company's remuneration committee.
- By Tom Winnifrith, The Sheriff of AIM |
- 3 January 2017, 05:27 |
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African Potash Accounts - how much on travel? And tell us about your expenses lyin' Chris
That African Potash (AFPO) is clearly trading whilst insolvent is beyond doubt. It admits that it needs to raise $600,000 to pay its bills as they fall due but trading volumes on ISDX are often just a few hundred quid a day. It's game over. So where has all the money gone? There is a reason that the board did not want anyone seeing the annual report which finally surfaced today.
- By Tom Winnifrith, The Sheriff of AIM |
- 3 January 2017, 04:39 |
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African Potash Accounts Note 21 - the £35,000 bung to lyin' Chris Cleverley
No wonder that fraud African Potash (AFPO) did not want anyone reading its accounts which have finally arrived six days after they were signed off. It is a gold mine for anoraks like me. Let us now turn to page 45 and note 21, related party transactions of which there are many. But I refer to the third such transaction which involves CEO lyin' Chris Cleverley.
- By Tom Winnifrith |
- 3 January 2017, 03:48 |
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African Potash Accounts finally out - damning statements by RSM Tenon auditor
I am yet to get an explanation from Peterhouse Corporate Finance, the advisor to ISDX and (pro tem) AIM listed fraud African Potash (AFPO) as to why accounts for the year to June 30 were signed off on 28 December but not released until 3 hours and 48 minutes after the stockmarket closed for a three day New Year break on 30 December. This is surely a breach of ISDX rules and it shows, again, that the fraudsters are prize rotters. Why is Peterhouse not resigning NOW? But it gets worse, the actual, annual report was promised by 31 December but has only this morning appeared on the company's ramptastic website. Why the delay? How about not wishing to admit to damning comments from auditors RSM Tenon which show that this company is toast? The auditor does not mince its words.
- By Tom Winnifrith, The Sheriff of AIM |
- 3 January 2017, 03:00 |
Not a Famous Frog - But a Firm Whose Share Price Might Leap
With the oil price rising nicely, it’s a reasonable time to look at a company which always reminds me of that famous frog in Beatrix Potter. You remember Jeremy Fisher? Well, today’s company is also involved in water: James Fisher (FSJ), a marine engineering giant with interests in the oil and gas world.
- By Malcolm Stacey |
- 3 January 2017, 01:11 |
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The ShareProphets 24 share tips of the year for 2017 in review - can you do better?
Since Christmas Even the various authors on the ShareProphets website have been serving up at least 1 share tip for 2017 every single day. There are blue chips, small caps, buys and sells. And of course we also have our readers share tip prize contest for 2017 where the deadline to enter is midnight and where you can enter HERE. But what did our writers tip. As we prepare for the stockmarket to reopen on Tuesday here is a full recap:
- By Tom Winnifrith |
- 2 January 2017, 11:05 |
Financial results of many oil producers will disappoint in 2017
Looking at the performance of many oil producers over the past few months you could easily be forgiven for thinking that their problems are over and all is rosy within the sector once more.
- By Gary Newman |
- 2 January 2017, 10:48 |
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Tom Winnifrith Bearcast - can Paul Scott end my confusion and will Rob Terry be arrested in 2017?
I am watching high quality TV like Midsomer Murders as the Mrs is away. I am bombarded with adverts for online fashion and holiday booking and am terribly confused - I need health guru Paul Scott to help explain what is going on as something is just not right. Then I look at when the criminal gangs at Quindell (QPP), Globo (GBO) and Worthington (WRN) will face justice. At least one might be in 2017. And I ask why Cloudtag (CTAG) morons want to send cash to a convicted criminal who appears to be living in a £3 million house despite BOTH he and his wife going through bankruptcty. It's all very odd.
- By Tom Winnifrith |
- 2 January 2017, 07:56 |
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ShareProphets Readers share tips Prize Competition 2017 - deadline midnight TODAY
Once again we will have a competition and once again the prize is a meal with myself. If you dislike me you can fob that meal off on someone else. All you need to do before midnight on January 2nd is to post in the comments section below your stock to buy and your stock to sell. Steve Moore will monitor and report back monthly on how the competition fares. He will also be announcing the 2016 winner on 3rd January. Good luck all and especially, should they enter, to our favourite semi naked twins Hayley & Kate Whittaker pictured below.
- By Tom Winnifrith |
- 2 January 2017, 07:56 |
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Buy Character Group
Following positive results at the start of December, shares in Character Group (CCT) went on to exceed 530p. However, following news of director share sales they slid to a 495p offer price at which point in December we tipped them to our readers on the Nifty Fifty website we run with Lucian Miers. The shares are now 510p and still a buy.
- By Tom Winnifrith & Steve Moore |
- 2 January 2017, 07:46 |
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ShareProphets share tips of the year number 23: Sell Telit Communications says Tom Winnifrith
Telit Communications (TCM) is the most heavily shorted stock on AIM but its share price has proved incredibly resilient. At 275p it is almost up at 2016 year highs and the company is capitalised at £317 million. But you simply cannot defy gravity forever and, as a sell, it is my next share tip of the year.
- By Tom Winnifrith |
- 2 January 2017, 07:22 |
Stay Down-to-Earth with Gold, While Going to the Moon with Bitcoin
There are so many radically extreme events that are happening, or will likely happen soon in the world economy, we have to be very careful. In Jeff Berwick’s 20+ years of market investments, he sees this as the most difficult time for investors. He suggests getting a lot of your money out of the markets by holding precious metals, other hard assets, and bitcoin.
- By Tom Winnifrith |
- 2 January 2017, 06:03 |
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Avanti Communications and its most supportive shareholder Mast Capital - er hang on?
Mast Capital the US hedge fund has been the biggest supporter of drowning in debt Avanti Communications (AVN), time and again doubling down on its disastrous investments. But have you noticed this?
- By Tom Winnifrith, The Sheriff of AIM |
- 2 January 2017, 05:55 |
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ShareProphets Share Tips of the year Number 22 - sell Plus 500 says Lucian Miers
Lucian is still on his grand tour of Eastern Europe but before he left he told me his two sell tips of the year for 2017. The first, natch, was Cloudtag (CTAG) HERE. The second, at 384.5p, is Plus 500 (PLUS).
- By Tom Winnifrith |
- 2 January 2017, 05:34 |
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Tom Winnifrith Bearcast - my entries in the ShareProphets readers tips contest explained
The entries in the ShareProphets readers share tips contest are stacking up. And who would not want to win a meal with me? I very much hope that Hayley & Kate, pictured below,, enter and are successful. If they do win there is no need for them to dress up, if that makes them feel uncomfortable. I have two ideas for my sell but think Steve would ban them both so instead I go for one he will allow and explain why it is going to 0p. Then I explain why my buy - which we do own - could multibag. I hope you will enter the contest as well and you can do so HERE
- By Tom Winnifrith |
- 1 January 2017, 06:15 |
Festive Break 2016: The view from ShareProphets' readers' windows - Vancouver, BC
Each day until New Year's Day, we a showing a photo taken through the window of a ShareProphets reader. This final Reader's Window view is from my Mum and Dad's house in British Columbia, and a rare December snowfall.
- By Pizza Hardman Darren Atwater |
- 1 January 2017, 06:13 |
Providence Resources - surely Tony O'Reilly Junior must walk the plank as he fails yet again to deliver as promised
As you know, I do not always see exactly eye to eye with Richard Jennings of Align Research. I give you that line as an example of subtle understatement. But on the subject of Providence Resources (PVR), Mr Jennings is bang on the money. Tony O'Reilly junior has promised much but quite simply not delivered. It is time that he walked the plank. Jennings sent a letter to the hapless O'Reilly just before Christmas which I am delighted to publish in full:
- By Tom Winnifrith |
- 1 January 2017, 04:36 |
Gold, the Oversold Bounce Begins
Gold and gold stocks have begun their much anticipated oversold, post-tax loss bounce. Jordan Roy Byrne provides rally targets and discusses the implications for 2017 in the latest podcast and video from Palisade Capital.
- By Tom Winnifrith |
- 1 January 2017, 04:35 |
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ShareProphets share tips of the year Number 21 - Buy Minoan says Tom Winnifrith
Minoan (MIN) has been something of an AIM uber-dog for many years. It is a stock that I have tipped with success once and with lack of success more than once. Its failure to deliver on gaining planning consent on its Cave Sidero site in Crete over more than a decade is perhaps why its shares languish at 6.25-6.5p. But 2017 will be THE year.
- By Tom Winnifrith |
- 1 January 2017, 04:22 |
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REACT - ghastly statement but market over-reacts: BUY
REACT (REAT) served up a ghastly trading statement just before Christmas, but in marking the shares down to 0.7p ( market cap £2 million) traders over-reacted.
- By HotStockRockets |
- 1 January 2017, 04:04 |