Why Centrica Is Not Centrical to My Share Buying Agenda
Hello Share Screamers. It's quite a few years back now that I made a juicy packet out of my Centrica (CNA) shares, first bought in a government share-buy scheme. Seems centuries since we had those tempting offers, doesn’t it? Ever since I sold those shares, I can report that they have not done particularly well. The big problem with Centrica (CNA), which trades as British Gas, is the growing competition.
- By Malcolm Stacey |
- 4 October 2016, 01:12 |
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ShareProphets Exclusive: Sefton Resources gets an EGM Requisition after Chris Oil sells shares to Ben Turney
The ex-AIM-listed Sefton Resources (SER) disaster story looks set to take an extraordinary new turn. ShareProphets hears that Ben Turney has now amassed enough of a holding to requisition an EGM proposing sack-the-board resolutions, appointing himself and one of his Teathers Action Group colleagues instead. Oooh, er. But the most bizarre twist of this is that we hear that the source of Ben Turney’s holding of 585.1 million shares (out of 4.7 billion) is none other than a certain Mr Chris Oil, via a private sale. Aceeeeeeeed!!
- By Nigel Somerville |
- 3 October 2016, 10:02 |
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Tom Winnifrith Bearcast: 100% Shite Research from Belfort Securities on Advanced Oncotherapy, Servision and Strat Aero
I am in a bad mood because a) baby with no name is screaming a lot and I am tired and b) some little shit for brains round at Beaufort Securities was slagging me off to a client today. This little turd of little brain turned out to have his facts wrong and so I am now officially on the warpath and, hence, go through today's morning note from Belfort and dissect its utterly 100% shite research on Strat Aero (AERO), Advanced Oncotherapy (AVO) and Servision (SEV). I also look at Audioboom (BOOM) and Kodal Minerals (KOD).
- By Tom Winnifrith |
- 3 October 2016, 09:23 |
Journey Group – as shares fall back on takeover being voted down, a speculative buy?
On a 240p per share recommended takeover of Journey Group (JNY), I recently concluded that the offer was not attractive but that Harwood Capital looked to be in a strong position to, unfortunately, win the day. A Court Meeting to approve the takeover was held earlier today and…
- By Steve Moore |
- 3 October 2016, 07:53 |
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Optibiotix: sole broker, warrants, de-merger, share price
We have been asked a few questions about Optibiotix (OPTI), none wildly important and so let's wrap them up into one article, in Q&A format.
- By HotStockRockets |
- 3 October 2016, 05:19 |
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BREAKING: Eastbridge Investments - now officially tits up: questions for Greg Collier?
Another filthy forty company has officially gone bust. Eastbridge Investments (EBIV), a company that was promising an RTO until just a couple of months ago has gone tits up. Its official. But will anybody ask any questions of those responsible. Let's name the guilty men. First the news of corporate death.
- By Tom Winnifrith, The Sheriff of AIM |
- 3 October 2016, 05:18 |
Italy sets referendum date that could scupper the Euro, not everyone went down with the Titanic
The UK's economic growth for the second quarter has been revised upwards by the Office for National Statistics to 0.7%, from a previous estimate of 0.6% as the ONS said service sector growth and consumer spending had come in stronger than previously thought. Brexit?
- By David Scott |
- 3 October 2016, 04:49 |
Audioboom – agreement for investment from China “not yet been reached”, surely not to be cash crunch ahoy AGAIN!
On 5th August Rob Proctor, CEO of spoken word audio platform Audioboom (BOOM), was “pleased to report that Audioboom has made further tangible progress in H1 2016, growing revenue, securing significant new content partners and further broadening its geographic distribution”. However, the financials showed it was cash crunch ahoy. Less than an hour later it was placing ahoy and there is now a “Strategic investment discussions update”…
- By Steve Moore |
- 3 October 2016, 04:20 |
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Concepta - manufacturing deal signed in China: launch now very close: URGENT warrant deadline
We tipped these shares at a 12p offer - they are now 19.5p-21p but hang on tight. We aim to be selling at 25p+ very soon. But before then an urgent reminder for long term holders: warrants! Deadline 6 October.
- By HotStockRockets |
- 3 October 2016, 02:27 |
Ready for a Cardinal Suggestion? - Take a look at Wolseley
Hello Share Zappers. If you’ve had the misfortune to buy a new part for your boiler after your central heating failed to re-start this Autumn, you’ll know that bits and pieces of the plumber's trade can be quite pricey these golden days. I bet the makers of these essential things have quite a high margin of profit. After all, we know that the cost of some raw materials that make them are a lot lower than they used to be.
- By Malcolm Stacey |
- 3 October 2016, 01:01 |
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Tom Winnifrith Bearcast: The USA is going bust but France is catching up & why shoddy broker buy notes are a sell signal
There are two parts to this bearcast. First I look at Government Debt and GDP over the past 8 years in the UK , France, the US and Greece and where all four are heading - it will startle those like Jeremy Corbyn, Chancellor Hammond and Malcolm Stacey who still believe in the money tree. Then I look at the great sell indicator that is a broker buy note and explain why.
- By Tom Winnifrith |
- 2 October 2016, 11:46 |
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Wandisco: I smell an enormous rat: where's the money going?
On Wednesday, cash guzzling over-ramped serial non-deliverer of anything other than jam tomorrow Wandisco (WAND) announced that it had a new CFO at 7 AM. At 10.41 AM Thursday the company's founder, CEO and all round head honcho David Richards walked with immediate effect. No credible reason was given for his departure. I smell an enormous rat.
- By Tom Winnifrith, The Sheriff of AIM |
- 2 October 2016, 11:18 |
Obtala: Interims, Q3 statement and Director buys - look at discount to NAV
A busy day for followers of Obtala (OBT) on Friday started with interim numbers which really did not look very good. In fact bad is the word that springs to mind. In the 6 months to June 30th sales were £264,000 versus £2.16 million a year earlier and there was a loss of £2.63 million versus a profit of c£3 million. But here's the thing.
- By HotStockRockets |
- 2 October 2016, 10:57 |
The case for gold & gold shares - look to base rates
The latest missive from Sprott is, not surprisingly, bullish on gold. The key is interest rates. Over to the world's best known investor in precious metals.
- By Tom Winnifrith |
- 2 October 2016, 10:53 |
BOS Global – Shocking “Fintech RTO” debacle: Case-study No 2
Commenting on Silver Falcon’s nonsense RTO earlier (HERE), got me thinking about my old friend BOS Global (BOS) that recently completed its “Fintech” RTO and in digging around, I uncovered some comedy gold.
- By Cynical Bear |
- 2 October 2016, 08:32 |
Avingtrans - £9 million New Order and results: buy
Our June tip of the month Avingtrans (AVG) has announced a new £9 million order over 10 years from China. years the agreement will see Metalcraft, part of Avingtrans PLC's energy and medical division, produce high integrity cryostat components for Nuclear Magnetic Resonance systems (NMR). This is good news.
- By HotStockRockets |
- 2 October 2016, 08:27 |
Silver Falcon – Shocking “Fintech RTO” debacle: Case-study No 1
It’s no great surprise to me that Sub-Standard Shocker XI member, Silver Falcon (SILF) called off its potential RTO with Fintech business, Lime Holdings, on Friday but it’s still worth highlighting a couple of aspects of this disappointing affair.
- By Cynical Bear |
- 2 October 2016, 08:12 |
Notes from Underground: Sinko de Mayo
I see the nutters on Twitter going on about as the share price of some company or other that ShareProphets investigates continues to rise, we're obviously idiots who don't know how to do the only important thing in life - fill yer boots.
- By Pizza Hardman Darren Atwater |
- 2 October 2016, 08:11 |
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Tom Winnifrith Bearcast: Malcolm Stacey's maddest article ever - he is mad as a Cloudtag moron
Malcolm's article today, HERE, suggests that the men in flapping white coats will be coming for him soon. He is madder than a convention of morons at the Cloudtag (CTAG) AGM. But it is all symptomatic of late stage bull market self delusion. I discuss this phenomena and give explicit advice of how to protect your wealth ahead of the shit storm that is coming. The reference to safe spaces for dippy and pathetic millennials is HERE.
- By Tom Winnifrith |
- 1 October 2016, 08:22 |
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Pacific Tycoon, the ponzi scam most UK Financial services websites assisted, is collapsing
Pacific Tycoon spent a fortune promoting its ponzi scheme promising sky high returns on investing in shipping freight containers in Asia. Being a ponzi it needed fresh suckers to pay dividends to older investors and to allow those behind this con to steal vast amounts of money. We called this as a con years ago and received demands from Pacific that we withdraw our articles on these criminals. Natch we told Pacific to fuck off.
- By Tom Winnifrith |
- 1 October 2016, 08:21 |