Compass Could Show the Way, Should Four Year's Hard Work Goes Down the Drain
Hello Share Slurpers. After four years’ dedicated slog, I have finished my blockbuster crime/horror novel. So I've been sending it, one at a time, to literary agents. This is a scary moment, as it could mean four years down the pan. However, I have not made a great deal of money out of my shares over the last four years, either.
- By Malcolm Stacey |
- 8 November 2016, 01:12 |
eServGlobal – misses FY 2016 targets… but claims “justified optimism” for FY17!
A trading update for its year ended 31st October 2016 from mobile financial technology company eServGlobal (ESG), sees its Executive Chairman, John Conoley, "proud of the achievements of the company in its core business in FY16 after its poor start… we have embarked on FY17 with justified optimism in the core business”. The shares have responded currently slightly lower to 6p…
- By Steve Moore |
- 7 November 2016, 07:29 |
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Tom Winnifrith Bearcast: Crooked Hillary Clinton, Crooked Mosman and er ...MXC Capital
I record this podcast from Shipston where I have just rowed with my sister about A Levels and grade inflation which she denies in her Public Sector Ministry of Truth way. Then it is onto the US election, the outcomes and what that means. I am afraid that after last night I have a bad feeling. Then it is onto MXC Capital (MXCP), Redcentric (RCN) and Mosman Oil & Gas (MSMN) where in America there would now be class actions underway. Quite right too.
- By Tom Winnifrith |
- 7 November 2016, 04:35 |
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Redcentric – “Accounting misstatements” announcement. Uh Oh…
“Redcentric plc (RCN), a leading UK IT managed services provider, announces that an internal review by the company's audit committee in relation to the interim results for the six months ended 30 September 2016 has discovered misstated accounting balances in the group's balance sheet”. Uh-oh…
- By Steve Moore |
- 7 November 2016, 04:30 |
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The US Election, is a side show as whatever happens - The Next Crisis Is Already Baked into the Cake
Governments have a tiger by the tail, and as debt continues to soar around the world that tiger will grow more and more frenzied, whatever the US election outcome. Eventually it will turn around and eat those who presumed they had it under control. a debt-driven crisis of epic proportions becomes more likely with every passing day And when the bust comes, panicked capital will behave the way it did in 2009, pouring into assets like gold that can’t be created in infinite quantities by out-of-control governments and eager to please central bankers.
- By David Scott |
- 7 November 2016, 04:09 |
Reader Poll Result: ShareProphets readers want Donald Trump to win but fear a close win for Hillary Clinton
It seems that we have a rather conservative readership. At the weekend we asked you who you wanted to win the US Election tomorrow and who you expected to win. The results are now in.
- By Tom Winnifrith |
- 7 November 2016, 03:59 |
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GOTCHA Andy Carroll: Mosman admits to misleading investors after weekend expose
That was an easy pull down of the shysters at Mosman Oil & Gas (MSMN) lead by Andy Carroll. Is it too early for a celebratory ouzo? Perhaps hapless Nomad SP Angel should send a case of ouzo to the Sheriff of AIM to thank me for doing its job for it? At the weekend I exposed how Mosman has mislead investors for more than a year HERE. This morning it fessed up:
- By Tom Winnifrith, The Sheriff of AIM |
- 7 November 2016, 03:46 |
James Rickards: The Fed is Tapped Out & End Result is Ice-Nine for Gold
The Federal Reserve and IMF have both wrongly forecasted growth and inflation forecasts the for the last 8 years. The economists who run those organizations are not scientists, but dogmatists and ideologues who let preconceived notions and political preferences hinder their objective analysis. In his new book ‘The Road to Ruin: The Global Elites’ Secret Plan for the Next Financial Crisis’, New York Times bestselling author James Rickards shows some specific examples of how the scientific methods could work.
- By Tom Winnifrith |
- 7 November 2016, 03:30 |
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Electric Jukebox backed by Nigel Wray & Cheryl Crow - sorry BB I am going to pass
The Sunday Times front page splashed with news of a forthcoming AIM IPO in the music streaming world, Electric Jukebox. It is an easy splash in that my pal Nigel Wray, Britain's Buffett, is an investor and the company has celebrity "investors" lead by Cheryl Crow whose face beams out of the paper. Chris Akers vehicle Yolo (YOLO) has today raised £2.5 million and is investing £1.4 million in EJ so maybe that is the IPO the paper refers to. But for me this is a big miss and here's why.
- By Tom Winnifrith |
- 7 November 2016, 03:04 |
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Gable Insurance Inc. – the dangers of greed
We know that the CEO of Gable Holdings Inc (GAH), William Dewsall was incentivised by bonuses linked to how much premium Gable Insurance AG underwrote. Readers may recall that the Financial Market Authority (FMA) Liechtenstein appointed
PricewaterhouseCoopers AG, as Special Administrator to Gable Insurance AG on 10 October 2016, to assess its financial situation and protect the interests of policyholders.
- By Tom Winnifrith |
- 7 November 2016, 01:51 |
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Slater & Gordon shares are worthless - look at the debt (AFR Scoop)
The price for buying the fraud that was Quindell (QPP) will be the death of Slater & Gordon (SGH). When its shares do eventually hit zero, or near as damn it, investors should remember that it was not just Aussie poltroons such as Andrew Grech to blame but also the fraudster in chief Rob Terry. And the shares will hit nil. If you are in any doubt look at the debt.
- By Tom Winnifrith |
- 7 November 2016, 01:36 |
Aggreko Could Generate a More Electrifying Share Price
Hello Share Crunchers. I’ve made an awful lot of gelt out of a firm which is mainly known for hiring out electricity generators. But it is a few years since I decided that the share price of Aggreko (AGK) had motored beyond its prospects, and I dumped the lot.
- By Malcolm Stacey |
- 7 November 2016, 01:05 |
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Tom Winnifrith Bearcast: What to do about 2 great evils in our society: smoking & Roland "Fatty" Cornish
I think that about eleven minutes in I managed to send my dad to sleep with this podcast but I hope you make it to the end. I discuss correct and incorrect policy responses to two of the great evils in our society and, oddly, the answers are more or less the same.
- By Tom Winnifrith |
- 6 November 2016, 07:43 |
Filthy 40 Taihua – where, oh where, oh where is that share buy-back?
ShareProphets AIM-China Filthy Forty play Taihua (TAIH) has been promising a share buy-back since the launch of an Open Offer to shareholders which was being conducted, apparently, in order to pay for it. Sorry to sound like a broken record, but the buy-back was first promised on 25 August and we are now well into November. The last update from the company was on 30 September (interims, released on deadline day) when shareholders were told that the company expected to announce the mechanics of this Godot-esque buy-back “shortly”. That was more than five weeks ago.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 6 November 2016, 07:40 |
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KEFI Minerals has been hit by short-termism but remains a buy
Short-termism seems to be even more prevalent amongst AIM investors these days than I can ever remember previously, and this is having an impact on the share price of any company that has any sort of delay to its business.
- By Gary Newman |
- 6 November 2016, 06:10 |
Notes from Underground: All change
"The judges know nothing about any will of the people except in so far as that will is expressed by an Act of Parliament". So said alleged-remainer and well-known British-way-of-life-hater AV Dicey in 1897.
- By Pizza Hardman Darren Atwater |
- 6 November 2016, 06:06 |
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Sirius Minerals offers a fantastic long term buy at this price
Sirius Minerals (SXX) is a company that I’ve watched closely since 2010, and it has now reached a stage where a large proportion of the risk associated with its fertiliser project has been offset.
- By Gary Newman |
- 6 November 2016, 05:04 |
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Where Regulators fail market forces will wade in - Beaumont Cornish in focus
Alistair Osborne lashed out at Nomad Roland "Fatty" Cornish in the Times on Saturday listing his long list of AIM failures. A central point made is that Fatty banks huge fees for doing an IPO only to quit before the shit hits the fan or before the fat lady sings. In other words he earns megabucks and then scuttles off to hide in his favourite restaurant whilst others suffer the financial damage. Osborne starts his article on New World Oil & Gas (NEW).
- By Tom Winnifrith, The Sheriff of AIM |
- 6 November 2016, 04:56 |
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Vox Markets podcaster, Justin the Clown Andalas Caption Contest
In his infamous podcast with Dave "rule breaker " Whitby that got shares in Andalas (ADL) suspended, Justin the Clown fessed up that he owned so many of these shares that he'd be homeless if they did not go up. They have plunged from 1.3p back then to just 0.13p now and as the company hurtles towards bankruptcy worse is to come. As such we have an exclusive photo of Justin in his new home and invite you to supply suitable captions for it in the comments section below. Deadline midnight Sunday
- By Tom Winnifrith |
- 6 November 2016, 04:56 |
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CloudTag – Roll up, roll up, place your bets for a chance to win an incredible prize that money can’t buy
With limited recent news to ponder on CloudTag (CTAG), ignoring the constant stream of unregulated interviews for one moment, I thought I’d offer a chance to readers (and CloudTag shareholders) to have a punt and give themselves a chance to win an incredible Christmas present.
- By Cynical Bear |
- 6 November 2016, 04:54 |