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Tom Winnifrith Bearcast - PR bullshit phrase of the day j'accuse FTI Consulting
The bloody postman is today's interruption. Will you sign for this crap for the chavs who live next door as they are out (again) signing on or working in the black economy? Whatever. I should charge for being the postbox for this entire street. Better still emigrate. In terms of companies I look at Laird (LRD), Motorpoint (MOTR), Strat Aero (AERO), and Mkango (MKA)
- By Tom Winnifrith |
- 19 October 2016, 06:49 |
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Get Six of the Best from Steve Moore today
Get the new ebook by ShareProphets editor, Steve Moore Six of the Best (Half a dozen AIM shares to buy for Autumn 2016) sent direct to you. Order today for delivery this week.
- By ShareProphets |
- 19 October 2016, 05:11 |
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Roland "Fatty" Cornish, a £270k dividend for failure and the oddest accounts on this planet
If you thought that the accounts of some of the crap Roland "fatty" Cornish floated on AIM smelled bad, you need to look at the annual report of his own firm Beaumont Cornish Limited. I shall be urging both the FCA and the HMRC to have a butchers as it looks well iffy. But if you have lost a packet in any, or all, of the junk Fatty has floated or acted for - not least Daniel Stewart and New World Oil & Gas - you will be delighted to know that in 2015 his "takings" from dividends alone were £270,000. How's that for transferring wealth from the 99% to the 1%?
- By Tom Winnifrith, The Sheriff of AIM |
- 19 October 2016, 04:33 |
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New World Oil and Gas – AGM update, warns on delisting. Can the mess be sorted?
Last night after hours AIM-listed New World Oil and Gas updated the market on a number of matters and it looks to be bad news all round. Having already announced that its proposed RTO with Big Sofa was off the table, the latest bombshell was that under AIM Rules it is to lose its listing on 9 November and that it had already agreed to part company with its Nomad (the useless Beaumont Cornish) as from the close next Monday. The mess could hardly seem worse.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 19 October 2016, 04:18 |
OneView Group – from “remains confident” to “likely to be below market expectations” in 6 weeks! …
“Winning its first hosted customer in the UK was a pivotal event for OneView (ONEV) in the first half of the year, creating an important new recurring revenue stream… The company continues to see strong interest in its software and is confident that the current pipeline will deliver growth in the future”. Sounds encouraging, but what? The shares currently down circa 30% to sub 4p? …
- By Steve Moore |
- 19 October 2016, 04:12 |
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Could there ever be another ASOS in terms of share price gain? And if so what?
As I noted in bearcast yesterday I remember my old pal Mark Watson Mitchell tipping ASOS (ASC) at 7p. The shares hit a high of c£70 so that was a 1000 bagger for anyone who got their timing spot on and held. I doubt anyone did. But could there be another ASOS lurking out there on the London Stockmarket and if so what is it?
- By Tom Winnifrith |
- 19 October 2016, 02:33 |
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BREAKING: The Curse of those who challenge the Sheriff of AIM strikes again...
Oh dear it may well be ouzo o'clock round at Sheriff Towers if not all round coke & hookers time, as it has just been pointed out that one of those silly folks who made the mistake of trying it on with legal threats appears to be in a spot of bother. Congratulations, you have just met the Sheriff of AIM....
- By Tom Winnifrith, The Sheriff of AIM |
- 19 October 2016, 02:10 |
Interquest - share price slippage: Buy
Shares in Interquest (ITQ) slipped to 32p last week although they are now 33p-34p. I swapped emails with a rather glum chairman Gary Ashworth. Of course Gary is glum, as the largest shareholder his net wealth has been materially dented.
- By Tom Winnifrith |
- 19 October 2016, 02:08 |
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Global Debt Grows and Central Banks Are Buyers: funny money end game is in sight!
The latest missive from Sprott, the world's best known investor in precious metals, covers one of my core themes of 2016 - the fact that the world is drowning in debt. So who owns the debt and is it sustainable? Over to the experts...
- By Tom Winnifrith |
- 19 October 2016, 02:06 |
Gable - was the Liechtenstein Regulator asleep at the wheel for years?
The Insurance Times Article of 12 October 2016 HERE makes clear some insurance brokers were always wary of using Gable (GAH) for many years and were concerned that it was selling insurance cheaper than its main rivals and this might end badly.
- By Tom Winnifrith |
- 19 October 2016, 01:54 |
Tern – Another £2 million invested today into Device Authority but can it pick winners in the technology space?
Tern (TERN) has today announced that it has invested another £2 million into Device Authority. We wish it well but can it be guaranteed to pick good investments. Let's have a butchers at Push Technology Limited.
- By Tom Winnifrith |
- 19 October 2016, 01:25 |
Super Investors Might Find a Super Investment in Moneysupermarket.com
Hello Share Squeezers. I’ve been having fun lately trying to get cheaper car insurance. You know how it is - the renewal quote is always a heck of a lot more than your current policy. Though they always forget to remind you what you first paid.
- By Malcolm Stacey |
- 19 October 2016, 00:50 |
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The Worthington CVA - this is comedy genius
Prompted by our shock revelations yesterday Worthington (WRN) has been forced to put out a statement to explain why it itself is heading for a CVA. It really is comedy genius.
- By Tom Winnifrith |
- 18 October 2016, 08:23 |
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Tom Winnifrith Bearcast: Oi! Highlands Natural is there something you are not telling us?
The Mrs is staying with the mother in law for another day meaning more peace and quiet for myself and Oakley and another day not to tidy up various messes that have been created. What bliss. In the podcast I discuss Kefi (KEFI), some very serious questions for the scam Highlands Natural Resources (HNR), Magnolia Petroleum (MAGP) and placing ahoy Strat Aero (AERO) as well as Boohoo (BOO) anj Asos (ASC)
- By Tom Winnifrith |
- 18 October 2016, 08:02 |
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Gary Lineker recycles some of his dirty Quindell winnings into a new insurance venture - Neos
Old jug ears got free shares in the fraud Quindell (QPP) as a reward for his role as "band ambassador" for the Ingenie outfit. That was the unit run by Richard King at whose lavish wedding in Somerset jug ears was best man. Lineker sold his shares netting at least £3 million so what to do with the cash? Give it all to charity? Naaaaaaaaah.
- By Tom Winnifrith |
- 18 October 2016, 07:35 |
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It is not just Worthington going tits up but the shysters behind it - Allan Biggar in Court
Oh dear. More on the woes of the fraud Worthington (WRN) later as it heads for a winding up order. But it seems that one of the shysters behind this scam, Allan Biggar (see HERE) is also in the merde.
- By Tom Winnifrith |
- 18 October 2016, 07:11 |
Hardide – investment for growth or just keeping the lights on?
I wrote on provider of advanced surface coatings for a wide range of engineering components, Hardide (HDD) in June – ‘half-year results dire, cash crunch & thus (explicitly) fundraising ahoy!’. I now update on developments on the back of a trading update from the company today…
- By Steve Moore |
- 18 October 2016, 06:58 |
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The 88 Energy Rampathon - it is 'avin' a bubble
Another day and another ramptastic RNS emerges from the Icewine jam tomorrow factory owned by 88 Energy (88E). What we really want to see, of course, is the quarterly report for the three months to September 30th showing just how much of the June 30th net cash of A$20.3 million has been spunked away to money heaven. The answer to that will explian today's ramping.
- By Tom Winnifrith |
- 18 October 2016, 06:16 |
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Falanx - so much news and its all good
So much news so where to start? At the top perhaps? Falanx (FLX) has appointed a new CEO Stuart Bladen. He will work alongside John Blamire who stays as an executive director which is good news.
- By HotStockRockets |
- 18 October 2016, 04:52 |
Digital Barriers – credit facility ahead of interim results?
Having warned on shares in Digital Barriers (DGB) last year, I note an announcement of a £10 million credit facility – with this following a trading update announcement last week…
- By Steve Moore |
- 18 October 2016, 04:50 |