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CTAG
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Cloudtag...Moreover: this just does not stack up at all

Cynical Bear has already put Cloudtag (CTAG) to the sword after yesterday's no-one is watching O'Clock profits warning but I think he is going soft in his old age in that he is far too generous about this worthless fraud. There is a massive question which remains unanswered as the shares head to an eventual zero.

ACHL

Filthy Forty Asian Citrus – update on Fraud allegations. Oh dear, oh dear, oh dear….

Back on 29 September ShareProphets AIM-China Filthy Forty purveyor of Biblical plagues and rotten oranges Asian Citrus (ACHL) announced that its shares were being suspended pending an audit investigation of allegations which appeared to amount to potential fraud. This morning we had an update: it does not look good.

CTAG
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CloudTag – All bets are off, the disastrous (lack of) sales warning has landed already!

What a spoil sport! Just 24 hours after posting my competition on the forthcoming CloudTag (CTAG) RNS’s, it releases an after-hours RNS last night bringing the entries to an end. Surprise, surprise, it has finally come clean on the limited sales that will be achieved this year and threw in a bit of death spiral financing for good measure. Tom W says I am being too nice to this company but anyway, let’s take a look.

GSR

Caption Contest - Golden Saint's Cyril d'Silva who's a fat cat then Edition

Cyril d'Silva who floated Golden Saint Resources (GSR) at 10p a share three years ago has just updated his facebook profile with a new picture. With the shares at 0.05p Investors have lost 99.5% of their money but Cyril does not seem to be starving. The word on the street is that Golden is trying to get another bailout placing away urgently as it is again out of cash. Meanwhile as you look at the smug fat fellow below do you have a suitable caption for the photo. Entries in the comments section below before midnight Tuesday please.

CPG

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.

ESG

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…

Bearcast
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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.

RCN
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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…

Hillary
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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.

MSMN
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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:

Crash

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.

YOLO
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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.

GAH
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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. 

SGH
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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.

AGK

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.

Bearcast
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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.

TAIH

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.

KEFI
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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.

Newsboy

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.

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AAU

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ANP

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Thursday »

Cat_Fixing_Lightbulb

Bearcast issue update: all should be well

 

ORCP

Oracle Power: Cynical Foul

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