Amryt Pharma at 14p worth 49p says Stifel
Amryt Pharma (AMYT) has announced that it has secured a €20m debt facility from the European Investment Bank on, what broker Stifel says, are very attractive commercial terms. Stifel says that the facility will not only extend the company's funding until well into 2019, but also provide funding for development of acromegaly product AP102 and potential launch funding for Episalvan in partial thickness wounds. Stifel concludes that the shares are a buy at 14p with a price target of 49p. Yes indeed. Since we own the shares I thought we'd share the note with you.
- By Tom Winnifrith |
- 2 December 2016, 01:20 |
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Strat Aero - the Hulsey Smith share dump is on - Timber! 0p Target!
Hulsey Smith was the chap whose Court filings demonstrated wholesale fraud at Strat Aero (AERO) - filings we published HERE despite Aero's legal attempts to hush them up. So when he settled his claims with a cash and shares payoff - weeks after Strat promised to fight him all the way - you kind of knew he'd dump sooner or later. Why hold shares in a company that commits fraud?
- By Tom Winnifrith, The Sheriff of AIM |
- 2 December 2016, 01:15 |
Digital Barriers – contract wins, able to focus on converting pipeline & generating follow-on sales... or not?
Reviewing results for the six months ended 30th September 2016 from Digital Barriers (DGB), I noted a £7.4 million reduction in net cash to £3.4 million and that the company has established a £10 million revolving credit facility. It has now made a “Contract wins across APAC and EMEA” announcement. Hmmm…
- By Steve Moore |
- 2 December 2016, 01:11 |
Dixon Carphone Merger Pays Off, So Could the Shares Rise by a Third?
Hello Share Bashers. Selling computers and phones and big screen television sets has not been easy. In recent years, quite a few stores have disappeared from our high streets and out of town shopping centres.
- By Malcolm Stacey |
- 2 December 2016, 01:10 |
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Worthington Group - the fat lady is shuffling onto stage: First Gazette published
Oh dear, oh dear. Those Worthington (WRN) shareholders who were dreaming of buying a mansion in Monaco with their golden tickets might wish to brace themselves for bad news. as you can see below the First Gazette notice for striking off has been published and an administrator appointed. On the terraces at Banstead Athletic the chant is already starting "you're going down with Golden Saint, you're going down with Golden Saint" Nuff said.
- By Tom Winnifrith |
- 1 December 2016, 09:19 |
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Tom Winnifrith Bearcast: Speaking at length about AIM fraud to a bird from Bloomberg
She was horrified. I am not sure she agreed with my line that the mainstream press were part of the problem not the solution but she agreed that AIM had its issues. On the bearcast today I look at Red Leopard (RLH), Formation Group (FRM), Mobile Streams (MOS) and its charming CEO - Andalas (ADL) - whose CEO is a tosser - Strat Aero (AERO), Finnaust (FAM), Inspirit (INSP), Plus 500 (PLUS), Advanced Oncotherapy (AVO)), TrakM8 (TRAK) and Cloudtag (CTAG) plus one way of looking at it which sees 300 companies on AIM as a sort of fraud.
- By Tom Winnifrith |
- 1 December 2016, 08:58 |
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CloudTag – London Busses time as second overdue notice of rats leaving the sinking ship hits the wire
Oh dear oh dear. First of all we get the ‘fessing up RNS from AIM-listed CloudTag (CTAG) that Corvus Capital sold out more than two years ago but the market was not told until today. Then another overdue notification hits the wire. Tut tut.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 1 December 2016, 08:48 |
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Advanced Oncotherapy - Sinophi denial throws up more red flags: this stinks more and more
In the face of relentless pressure from this website, embattled Advanced Oncotherapy (AVO) yesterday put out a statement attempting to draw a line in the sand over its falling out with Sinophi, whom it had claimed was set to buy $120 million of machines from it. It has failed. the statement begs even more questions and the shares remain utterly uninvestable.
- By Tom Winnifrith, The Sheriff of AIM |
- 1 December 2016, 08:21 |
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UPDATED: Plus500 - problems ahead in Cyprus? A compelling short
I am back in the Hellenic Republic once again and it appears that there may be a few problems ahead for AIM listed Plus 500 (PLUS) in the Greek speaking world. A contact flags up developments in Cyprus where - as you can see in the attached document - Plus does much of its business.
- By Tom Winnifrith, The Sheriff of AIM |
- 1 December 2016, 07:43 |
DP Poland – sale and sub-franchising of Krakow stores, shares further higher…
The company with the exclusive right to develop, operate and sub-franchise Domino's Pizza stores in Poland, DP Poland (DPP) has announced the sale and sub-franchising of 4 stores in Krakow – and the shares have reacted further higher…
- By Steve Moore |
- 1 December 2016, 07:40 |
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Cloudtag fesses up - dodgy Andrew Regan dumped all his shares ages ago
I bloody well told you all that that Corvus Capital, the vehicle of uber-dodgy Andrew Regan had dumped all its shares in Cloudtag (CTAG) onto bulletin board morons ages ago. Natch the morons denied it all, insisting that the "visionary" Regan was still on board. Uh oh...Cloudtag has fessed up. Another small victory for the Sheriff of AIM.
- By Tom Winnifrith, The Sheriff of AIM |
- 1 December 2016, 06:56 |
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Tom Winnifrith Bearcast: AIM Death List Update 5 - New entrant needed after Wandisco volte face
Eleven days ago I updated the death list portfolio which now sees me on ten kills from 31. However I now take Wandisco (WAND) off the death list after the recent management change. We need a replacement so entrant number 32 is ...IGAS. It looks as we may need two new entrants soon given the recent news from Worthington (WRN) and the FRAUD African Potash (AFPO) but that can wait for another day.
- By Tom Winnifrith |
- 1 December 2016, 05:31 |
Gold's 2016 Rally Was Built On Sand
2016 has been the most peculiar year for gold that I can remember. On the surface, 2016 has been a typical year with a gain year-to-date of 11 pct in dollar terms (31 pct in GBP terms) which is a just shade lower than its annual average gain since 2001 at 12.8 pct. What makes the past year so unusual has been the powerful reversals in buying and indeed selling behaviour from otherwise reliable sectors ... and, this is key ... not all buying is equal and it therefore explains the recent price action and the outlook. I'll explain.
- By Ross Norman of Sharps Pixley |
- 1 December 2016, 03:37 |
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Optibiotix a magnificent Trading Update: Buy
We Optibiotix (OPTI) shareholders have been feeling a bit under the cosh of late as the shares weakened on a lack of news. It was just ennui among those of an impatient disposition but still it was annoying. This week's trading statement should reassure the doubters.
- By HotStockRockets |
- 1 December 2016, 02:18 |
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Calling all Mosman shareholders - new ShareProphets Campaign, let's sack Andy Carroll
Finally the joke AIM company that is Mosman Oil & Gas (MSMN) has got around to posting notice of its forthcoming General Meeting at where there is just one motion - the re-election of Technical Director and the face of Mosman, Andy Carroll, to the board. This is our chance - we urge you all to vote Carroll of the board.
- By Tom Winnifrith, The Sheriff of AIM |
- 1 December 2016, 02:10 |
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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.
- By Tom Winnifrith |
- 1 December 2016, 01:46 |
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…
- By Steve Moore |
- 1 December 2016, 01:01 |
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.
- By Malcolm Stacey |
- 1 December 2016, 01:00 |
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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.
- By Tom Winnifrith |
- 30 November 2016, 07:08 |
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:
- By Tom Winnifrith |
- 30 November 2016, 05:27 |