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Latest News

MOS
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Mobile Streams placing at 50% discount - sign up with PrimaryBid now

The Primary Bid bandwagon is gathering speed and anyone interested in AIM should register now HERE. Today's vindication of Dave Mutton and his team is from Mobile Streams (MOS) which is doing a placing and open offer at 4p - the shares w4ere 8p last night. In days gone by this would have been for bucket shops only but now you can take part too, thanks to Primary Bid.

SCHO

Scholium Group – half-year results admit non-delivery of the expected return on increased capital…

I previously warned on rare books and collectibles group Scholium (SCHO) on the back of an October trading statement – and the shares are currently further lower, at 34p, on the back of the results announcement for the company’s half-year ended 30th September 2016…

AHT

Why Galloping Ashtead is More than Another Brick in the Wall

Hello Share Pickers. Perhaps my favourite Footsie share is Ashtead (AHT). It was only recently that I brought it to your attention again. But I've thought of a few more encouraging vibes that you might like to hear about.

Bearcast
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Tom Winnifrith Bearcast: the storm clouds cover the mountains where the Greek Hovel lies

Though I may have pneumonia thanks to Paul Scott, I am now safely in Kalamata looking up at the mountains where I live when in Greece and the storm clouds are ominous. So back to the stockmarket I look at Finnaust (FAM), Audioboom (BOOM), Avanti Communications (TOAST), Condor Gold (CNR), Advanced Oncotherapy (AVO), Webis (WEB) and Anglesey Mining (AYM) which is spouting bullshit today as it places.

HAWK

Nighthawk Operational Update - Zac The Knife puts management "on notice"

The City's number one oil analyst, Zac "the Knife" Phillips of SP Angel has a few words to say about today's lamentable trading update from Nighthawk Energy (HAWK). In short he puts the management on notice that it is now drinking in the last chance saloon. That, I think, is his way of saying you should sell the shares. The Knife writes:

SGH
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Aussie poltroons Slater & Gordon go after Watchstone (formerly Quindell) for £53m - a pox on them both

The Aussie poltroons Slater & Gordon (SGH) who recklessly paid £649 million for the fraudulent businesses of Quindell has announced that it is making a claim on £53 million of that still held in an escrow account by Watchstone (WTG). Slater says that it has obtained an opinion from an independent barrister in respect of the warranties given and the escrow cash and that the brief says it has, on balance, a prospect of success. Oh dear. The only winners here will be the lawyers (other than S&G).

IGAS

Igas Corporate Update: ShareProphets RNS Translation Service

AIM-listed and over-indebted Igas Energy (IGAS) released a “Corporate Update” RNS this morning. It seems to say nothing we don’t already know but the ShareProphets RNS Translation Service has a few observations (original in bold).

AFPO
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Lyin' Chris Cleverley & Lord Peter Hain forced to fess up by the Sheriff - it gets even worse for FRAUD African Potash

Yesterday I pointed out that the FRAUD African Potash (AFPO) had applied to join the ISDX lobster pot as of December 8, the day its shares will be suspended on the AIM Casino if no Nomad is prepared to act for it, Cantor Fitzgerald having tired of signing off on its lies. I also pointed out that lyin' Chris Cleverley had failed to tell his shareholders. Today Potash fessed up..but it gets worse.

LGO

LGO Energy - cash bonus in Spain not enough, another placing inevitable & another sleight of hand by Ritson

Loons, like our very own LGO Energy (LGO) owning fanatic Wildes, will have yesterday celebrated news that 11,200 barrels of Spanish oil which had accumulated over the summer had finally been sold. But shares in LGO still fell to just 0.11p. Here's why.

MTR
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Metal Tiger and BMR deal – All a bit of damp squib but surely Borelli has to go

Following the strange goings-on last Friday, which I covered HERE, with the disappointingly low offer for Metal Tiger (MTR) by BMR Group (BMR), it has all come to a quick end with a couple of announcements on Monday and Tuesday this week, but surely Borelli’s position at Metal Tiger is now untenable.

NTOG
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The continuing saga of Mosman's, oops sorry Nostra Terra's, Pine Mills oil field

If it wasn’t for the fact that plenty of small private investors will probably have lost money that they can’t afford to at this time of year, the latest RNS from Mosman Oil and Gas (MSMN) would almost have been amusing, it was so farcical!

POG

Petropavlovsk: Al Gore made it all up about global warming - buy

As a climate change "denier" I have written elsewhere about how global temperatures are plunging not, as the BBC might lead you to believe, heading higher. You can see a recent article on that matter HERE. And thus Petropavlovsk (POG) serves up news from Russia which does not surprise me, but which might shock your average Guardian reader.

MRS
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Ooooh Er MRS....the AIM trainwreck from Down Under gets worse and worse

As a mega bear of Management Resource Solutions (MRS) from almost the moment this crock of Turkish floated on the AIM casino, its ever worsening problems make me think that at 2.23 AM at Athens airport it is almost ouzo o'clock. The latest update is just so grim.

SNT

Sabien Technology – yet more delays. Cash crunch ahoy (again)?

Previously writing on boiler technology company Sabien (SNT) last month, I noted a considerable improvement in sales performance needed otherwise its funds will continue being used just to keep the lights on. The following updates with the shares currently more than 6% lower, at 3.75p, on the back of an “AGM Statement”.

MKS

Why Marks and Sparks Fails to Spark My Investing Fire

Hello Share Squeezers. You have to love traditional institutions. Marks and Sparks (MKS) is certainly one of those. But apart from a purchase early on in my investing career (not far beyond the Iron Age) I have avoided the shares. Reason: I bought them at £3 plus and for most of the years ever since the share price has monkeyed about at roughly the same level.

Father Christmas

Free drinks and booze in the City with Turner Pope & 3 PLCs TONIGHT

Turner Pope is a new stockbroking firm set up by my pals "The Mitchell Brothers". If you are bored and free TONIGHT there is free booze and drink on offer and a chance to hear Jerry Randell of Venture Life ( solid business IMHO) and Giles Clarke of Kennedy Ventures who apparently thinks I don't like him. He's wrong of course, I don't know him from Adam but he seems to have a few fans.

AFPO
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African Potash - the writing is on the wall for the last day of AIM on December 7 - ISDX application made

African Potash (AFPO) saw its Nomad Cantor Fitzgerald quit on September 7 and it is still yet to find a replacement who will sign off on its bogus and untruthful press releases. If no-one steps up to the plate by December 7 its shares are suspended and a month later they will be booted off AIM. African says it is confident it will find a replacement Nomad but just in case... the shysters have been busy.

Angel
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Waseem Shakoor explains how a death spiral works for rubbish AIM Companies

The great bear raider is a charitable soul and is doing his very best to explain to Cloudtag (CTAG) owning morons how death spirals work for frauds like the one they are invested in. What a nice guy Shakoor is, spending his valuable time educating the (soon to be) poor and stupid. Give the man a bloody knighthood for services to the intellectually challenged. Saint Waseem explains thus.

DGB

Digital Barriers – H1 results, claims a clear, strong organic growth engine. But is there?

Provider of surveillance technologies, Digital Barriers (DGB) has announced results for the six months ended 30th September 2016 including “it is clear that we have now established a strong organic growth engine”, though later also stating “organic revenues… were broadly flat at £6.9m”. Hmmm…

CTAG
premium content

CloudTag – My plan for great riches hits a new snag

Oh dear, AIM-listed jam- (and product) tomorrow (or sometime, maybe) CloudTag (CTAG) closed last night notching up (or, perhaps down) a bid price of just 6.75p per share. This might be causing a few headaches over at L1 Towers as it seeks to convert its remaining £1.2 million of convertible notes from Tranche 1 of its death spiral funding package. My plan to become a death spiral financier on the Casino seems to have hit a nasty problem – that of headroom in already existing share issuance authorities of the investee company running out and leaving me lobster-potted in unconvertible notes. Of course, I can “persuade” the company to increase the authorities, but time is of the essence: I want to offload ASAP and bank my bunce.

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