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Rosslyn Data - Statement Needed as shares keep sliding
osslyn Data Technology (RDT) shares continue to slide and now trade at only 9.75p - valuing this company at just £7.4 million. It listed two and a half years ago after Cenkos signed off on a misleading prospectus at 33p and it has been downhill ever since. The company insists it will not run out of cash before it his breakeven. We shall see.
- By Tom Winnifrith, The Sheriff of AIM |
- 11 November 2016, 05:06 |
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City of London Markets – analysis of a bucket shop
City of London Markets is the FCA authorised firm that has screwed Milestone (MSG) by not paying over the cash it promised for a recent placing. Poor form. The company has a glossy looking website to impress punters. But behind this veneer lies a tiny and unsuccessful company, as the latest filed accounts at Companies House show.
- By Tom Winnifrith |
- 11 November 2016, 04:37 |
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SIG – profit warning & ‘mutually agreed’ that CEO walks the plank…
On the back of “Trading Update” and “Directorate Change” announcements, shares in building products distributor, SIG plc (SHI) are currently more than 20% lower, heading towards 90p. Uh-oh…
- By Steve Moore |
- 11 November 2016, 04:23 |
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#BoycottGrubHub - Nasdaq listed company commits commercial suicide over Donald Trump
Nasdaq listed GrubHub is one of many companies offering an app to allow you to order food from your local restaurants. Its boss Matt Maloney was a vocal supporter of Hillary Clinton and he has just committed commercial suicide for his company after telling Trump supporting workers to resign. #BoycottGrubHub is trending on twitter across the USA.
- By Tom Winnifrith |
- 11 November 2016, 01:43 |
OneView – following swift about-turn profit warning, now attempted bailout fundraising ahoy!
I warned shares in OneView (ONEV) were for the bargepole list as they slumped last month after the company went from “remains confident” to “likely to be below market expectations” in 6 weeks. They had subsequently recovered somewhat, but that before a Thursday 10:32am “Trading Update and Notice of Results” announcement…
- By Steve Moore |
- 11 November 2016, 01:10 |
Donald and Mexico. Will It Strike a Sour Note with Sugary Giant Tate and Lyle?
Hello Share Crashers. It seems to me that there is a headwind against the over-consumption of sugar. The Government warns against eating too much and so do all sorts of health writers. And when what you sell is under scrutiny, then you have to be concerned about future profits.
- By Malcolm Stacey |
- 11 November 2016, 01:08 |
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ShareProphets Exclusive: Milestone and how City of London Markets failed to pay up
Following on from my earlier piece about yesterday’s disgraceful episode at AIM-listed Milestone Group (MSG) in which the company ‘fessed up that £1.25 million of cash from a placing announced way back on 20 October, the shares for which were admitted to trading on 31 October, had not turned up, ShareProphets has learned the name of the firm at the centre of yesterday’s controversy.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 10 November 2016, 07:31 |
Mobile Streams – reckons “pleased to announce” full-year results, shares down 30%...
“Mobile Streams (MOS), the emerging markets focused mobile media company, is pleased to announce its final results for the year ended 30 June 2016 which are in line with management's revised expectations”. Ok. Er, what? The shares currently 30% down, at 9.625p, in response...
- By Steve Moore |
- 10 November 2016, 07:08 |
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Tom Winnifrith Bearcast: The poppy debate is about "cultural bigotry in post Brexit Britain" said the wanker on Radio 4
I despair about the liberal elite. After Brexit and Trump they still don't get it as some idiot on Radio 4 demonstrated again today. Oh well, now it is over to the Italians to give them their next kicking. I cover their awful reaction to Trump today HERE. Then it is onto Trump, economics and the market then Mobile Streams (MOS) and them in detail the dodgy goings on with the Avanti Communications (AVN) share price.
- By Tom Winnifrith |
- 10 November 2016, 06:41 |
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The latest data from AIM shows it at 12 year low - The casino is collapsing
As predicted HERE there were fewer than 1,000 companies listed on the AIM Casino at the end of October. the total of 995 was the lowest since late 2004. Here we are at the end of an eight year bull market and AIM is still collapsing - it has 1,347 companies back in 2007. But read beneath the headlines and the data is even more shocking.
- By Tom Winnifrith, The Sheriff of AIM |
- 10 November 2016, 04:46 |
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SCANDAL - Milestone Group buries delayed bad news: placing cash not arrived, what about solvency?
Talk about a good day to bury bad news: every media commentator is trying to come to terms with the election of Donald Trump (with the notable exception of our own Tom Winnifrith, who is off to get his new Poll Sheriff’s badge) and so at 3.41pm yesterday AIM-listed Milestone Group (MSG) slipped out a “miscellaneous” RNS. It may have won two big contracts recently but in terms of this RNS, there was nothing miscellaneous about it: this company is in serious trouble.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 10 November 2016, 04:31 |
Devro – Trading Update includes 2016 expectations “unchanged”, so why 20%+ share price decline?
Devro (DVO) has made a “Trading Update” announcement, including “the board's full year expectations for underlying operating profit remain unchanged”. However, the shares are currently more than 20% lower, at sub 180p…
- By Steve Moore |
- 10 November 2016, 04:16 |
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Waseem Shakoor warns on Cloudtag as death spiral financing confirmed
Cloudtag (CTAG) has today confirmed that net proceeds of £1.44 million on its recent financing have been confirmed as arriving and as such has revealed the financier to whom loan notes are being issued: L1 Capital Global Opportunities Master Fund. Bear raider Waseem Shakoor now points out why this is such terrible news. Waseem writes:
- By Tom Winnifrith, The Sheriff of AIM |
- 10 November 2016, 03:55 |
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New World Oil & Gas booted off AIM but all is not lost. Oh no!
New World Oil & Gas (NEW) has today been booted off AIM for failing to fulfill its investment policy following the collapse of the Big Sofa RTO but all is not lost...far from it.
- By Tom Winnifrith |
- 10 November 2016, 03:29 |
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Cloudtag Moron of the Day - does he know about Concorde's last commercial flight?
The thickest folks on this planet continue to enthuse about the fraud Cloudtag (CTAG). Below here is a tweet from a chap who cannot spell and seems unaware of how it all ended for Concorde. Oddly I was thirty miles away from Paris airport that day and heard it happen.
- By Tom Winnifrith, The Sheriff of AIM |
- 10 November 2016, 02:41 |
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Mosman will crash back to earth after a ridiculous share price rise!
Even with all of the other craziness in the markets, the ridiculous share price rise in Mosman Oil and Gas (MSMN) still managed to stand out!
- By Gary Newman |
- 10 November 2016, 01:18 |
The Great Wall of Mexico and the Big Jump in Ashtead shares
Hello Share Scotchers. Well, that was unexpected! I don’t mean that Donald is the next president. But the fact that one of my all time favourites, Ashtead (AHT) leapt ahead on the news.
- By Malcolm Stacey |
- 10 November 2016, 01:15 |
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Tom Winnifrith Bearcast: Mosman is avin a giraffe, Drain the swamp!
I have a few more words on the Triumph of The Donald and the demise of Crooked Hillary. Ha! But my main thoughts on that are HERE. Then I look at Avanti Communications (AVN), Andalas (ADL), Green Dragon (GDG) and Greka Drilling (GDL) before having a detailed look at Mosman (MSMN) shares in which are up by 260% today which is bonkers.
- By Tom Winnifrith |
- 9 November 2016, 08:47 |
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Sula at 0.24p worth 3.1p?
The note below from broker VSA was published a few weeks ago with the shares then at 0.15p. Today they are trading at 0.24p in the middle so the speculative buy stance can already be said to be somewhat vindicated. But the target price is 3.1p. No typo that really is 3.1p. The reasonably detailed note explains why.
- By Tom Winnifrith |
- 9 November 2016, 07:58 |
Grafenia – director share purchase, a positive signal… Or not?…
Having concluded bearishly on half-year results from Grafenia (GRA), I note a “Directors' Dealings” announcement from the company today…
- By Steve Moore |
- 9 November 2016, 07:53 |