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Latest News

SOLO

Solo Oil Placing at 0.18p to raise £2 million - am I ffing psychic or not?

Eight days ago I predicted that Solo Oil (SOLO) would need to do a placing and suggested that 0.18p was the likely price. Well knock me down with a feather duster but it has today announced a placing to raise £2 million ( lets call it £1.85 million net) at, cue drum roll.....0.18p. Genius or what? Of course Solo is still rubber ducked as I shall explain. The shares at 0.23p remain a sell.

HNR
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Highlands Natural and that "institutional Investor" ( ie spiv) at it again

The management of Highlands Natural Resources (HNR), notably Paul Mendell, still refuses to answer serious questions about their CVs or about RNS Statements made by Highlands that are simply not true and that silence should make any sane speculator run a mile. Meanwhile it continues with the pretence that it has found an institutional investor who should by now own 30% of the company but in fact owns no shares. Confused? Let me explain.

IGP

Intercede – from “well positioned for future growth” to trading “below expectations” in just over 3 months…

Intercede (IGP), a software and service company specialising in jargon to describe what it does (sorry, specialising in “identity, credential management and secure mobility”) has announced it “has had a slow start to the current financial year and is continuing to experience delays in the receipt of anticipated MyID license orders from both new and existing customers”. Uh-oh…

ERGO
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Ergomed receives a "buy" recommendation - You is avin a giraffe gents: sell

Ergomed (ERGO) receives a "buy" recommendation is the headline of the RNS Reach that has just gone out. It is very unusual to announce a broker report so I had a butchers at the RNS Reach - a Reach is an announcement the Nomad deems not to be price sensitive. Read on and you see why.

Newsboy
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Photo Article: My son born at 6.03 AM at 8 llbs - mother and baby doing well

 He is sleeping like an er...baby right now. Both mother and child are doing well after a 6.03 AM birth with a lovely Brexit and grammar school supporting midwife from Ulster in charge. The name is, as yet, undecided.

VIP

Vipera – if at first they aren’t as receptive as you’d hoped, announce the news again! ...

After an announcement last week claiming an “exciting development” in the French market helped shares in the company higher to 5.25p, we’ve this week had another announcement from Vipera (VIP); “Broadened Customer Engagement Solutions Offering”. Hmmm…

IIP
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Infrastructure India plc – Oink oink, corporate piggery writ large on AIM

Well this looks too good to be true and, as with the China Frauds, I fear that it probably is. AIM-listed Infrastructure India (IIP) announced a new asset manager agreement yesterday morning under which Franklin Park Management LLC will be paid a cash fee of £5.52 million a year, plus 605,716 free shares under a deal which appears to be for a minimum period of about four years. That seems quite steep for a company with a market capitalisation of just £82.5 million (source: ADVFN).

MRW

Morrison Profits Up - but I'm Still Wary of British Supermarkets

Supermarket shares are to be treated cautiously in my view. I say that even though I am a long-term holder of Tesco (TSCO), Sainsbury (SBRY) and Morrisons (MRW). All are currently showing red in my portfolio.

AHCG

Action Hotels Interims - Buy

Action Hotels (AHCG) has announced results for the first half of 2016 and, noting “increasing demand for quality, internationally branded economy and mid-market hotels” in its Middle East and Australia areas of operation, “remains optimistic about the future as the group continues to deliver the pipeline”.

FRP

Fairpoint down again, but still worth considering or should I be sacked?

Having last covered professional services group Fairpoint (FRP) in May, I gave the company a “tentative BUY” rating at 128p. With the shares now sitting at 96p after today’s interim results, investors are clearly unimpressed so far. Should I be sacked?

IND

IndigoVision – half-year results suggest potentially good value

Despite the company arguing that “results for the first half of 2016 are a strong improvement on 2015”, shares in video security systems group IndigoVision (IND) are currently more than 5% lower, at 150p, on the results announcement. Let’s take a look...

LGO
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Guess how Neil Ritson of LGO Energy spunked £250,000 of shareholder cash?

So what if LGO has been drowning in debt, breaching banking covenants, have to get away placing after placing just to keep the lights on, let's ensure that vital corporate expenditure is not reduced. Sod drilling oil wells to increase output...this is how Neil Ritson spunked a quarter of a million of shareholder's cash in April 2015

Ben_Dover
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The Chairman's Blog 14: Sir Benjamin Dover of Global Mining Endeavours celebrates as the Daily Mail brings home the bacon

Following the example set by Paul Warwick the chairman of worthless penny stock Andalas (ADL) in starting a blog, Sir Benjamin Dover of AIM listed Global Mining Endeavours has decided to follow suit and like Paul promises to be candid in his approach. Blog number fourteen....

CRAW
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Crawshaw – following a more than 8% share price fall yesterday, a profit warning today! …

“Trading update” announcement from fresh meat and food-to-go retailer Crawshaw (CRAW) includes in the first paragraph “suppressed footfall patterns caused by a combination of the international football, adverse weather and Brexit… persisted”. Uh-oh…

BNR
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Lyin' Chris Cleverley walks from Blenheim - the sleazy and sordid African Potash deal unravels

This morning it has been announced that Lyin' Chris Cleverley the CEO Of fraud African Potash (AFPO) has quit investmentment company Blenheim Natural Resources (BNR) where he became a NED on 16 December 2015. He leaves with immediate effect citing a desire to "concentrate on other activities" and we are told the decision is mutual. What horseshit.

ATYM

Atalaya - another detailed broker note you peasants are not meant to see: Mirabaud sees 98% upside

Another detailed broker note intended for sophisticated institutional investors not the great unwashed of the private investor community falls into my lap. A fucktard compliance officer earning as much as five NHS nurses, may soon force us to remove it but ahead of then, Mirabaud has cut its target price for Atalaya Mining (ATYM), formerly EMED, from 192p to 175p but with the shares at 88p that still offers 98% upside.

AFPO
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Memery Crystal lawyers to FRAUD African Potash - the first time it tried to extract money with menaces from me - for Pirate Pete Landau

As you know the fascist bully boy lawyers at Memery Crystal have demanded money with menaces from me for exposing the fraud committed by its client African Potash (AFPO). Its letter is here and when I kick these bastards into touch it will be a Tom Winnifrith hat-trick against Memery. It also demanded I hand over money when I had a go at its client the fraudsters Globo, 20 months before anyone else had a pop. That fascist letter is HERE. And now I publish the first letter I received from Memery, demanding money for its client Pirate Pete Landau and Range Resources (RRL), now disgraced and facing a spot of bother with the rozzers in Australia. It said that I really must not publish that letter....

GDWN

Goodwin – a 2:40pm “Interim Management Statement” = intra-day profit disappointment

Following Sepura, the intra-day profit disappointment continued (although to a much lesser degree) with a 2:40pm announcement from engineering company Goodwin (GDWN) – this including notice of a current year first quarter (to 31st July) pre-tax profit down £0.75 million from the corresponding 2015 period, to £3.05 million...

KOD

I'm struggling to see any value in Kodal Minerals currently

Lithium is one of those commodities where its mere mention seems to be enough to send the share price of smaller companies soaring, often to crazy levels compared to the actual news.

DNLM

Profits Up, Divi Up. Could Be Worth Shopping for Dunelm Shares

Hello Share Pippers. The chain store firm of Dunelm Group (DNLM) has produced some jolly good figures. They are in line with other reports that consumer spending is actually up since the Brexit vote. So all those gloomy folk who predicted hard times ahead after our decision to divorce from Europe are wrong.

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