Avarae Global Coins – review of full-year results, tender offer & proposed delisting
Avarae Global Coins (AVR) describes itself as “the UK's only publicly traded specialist company dedicated to purchasing, holding and selling rare and high quality coins”. If it gets its way, that is not to be the case for much longer…
- By Steve Moore |
- 19 September 2016, 08:35 |
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Guess the chart competition Monday - win a signed Sheriff of AIM Calling card
Just a bit of fun, unless you are moronic enough to own this AIM disaster story. Here is the one year chart for a well known stock on AIM. All you have to do is guess it. To give you a hint it is 90% of the way to reaching fundamental value.Post your entries in the comments section below. The first correct entry wins a signed Sheriff of AIM calling card.
- By Tom Winnifrith |
- 19 September 2016, 08:04 |
Jubilee Platinum Dilokong Update - buy
Jubilee Platinum (JLP) has provided an update on production from its Dilokong tailings project and construction of its Hernic project.
- By HotStockRockets |
- 19 September 2016, 07:56 |
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Tom Winnifrith Bearcast: Truthful Trump but Democrats lying on terror, The maths on Watchstone now & Alba spouting shite
ISIS seems to have struck again in the USA, in Minnesota but also in New York and across the river in New Jersey. Pathetic weasel words from Democrats will only anger folks on Main Street even more, Trump calls it right again. I cover the amazing weekend poll numbers on Trump the mainstream British media won't report today HERE and HERE. He is going to win. Elsewhere I explain how to value Watchstone (WTG) post today's shock news on the Quindell fraud from S&G (HERE). I look at Mitie (MTO), WH Ireland (WHI), Servision (SEV) and a statement from Alba (ALBA) which is pure 100% cock.
- By Tom Winnifrith |
- 19 September 2016, 07:46 |
ShareProphets RNS Translation Service – Galasys booted off the Casino
This morning the long running saga of boardroom civil war at Galasys (GLS) finally came to a sorry end as far as its Casino listing was concerned, as the company was taken for its one-way trip to the AIM Execution chamber a month on from the resignation of its Nomad, WH Ireland. You can’t say you were not warned to steer clear on this website as long ago as last December. As yet another notch is carved on the ShareProphets’ bedpost, the ShareProphets RNS Translation Service has taken a look at this morning’s RNS from the now delisted company (original in bold)…..
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 19 September 2016, 06:47 |
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Worthington - the shambles continues so what is the point of regulation?
If you are someone who thinks that playing by the rules and being honest makes sense in the UK reguolatory environment think again. Just look at the much ramped Main Market listed fraud Worthington (WRN). Let's start with the latest news from the UK Listing Authority which came out at no-one is watching O'Clock on Friday.
- By Tom Winnifrith |
- 19 September 2016, 05:34 |
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SKIL Ports & Logistics: Insider dealing? Misleading Investors on AIM or just gross incompetence?
Three years ago shares in AIM listed India play SKIL Ports & Logistics (SPL) were c90p. A year ago they were 40p before rallying to 85p in February 2016. On Friday they fell sharply from 22p to 20p. Did someone know something? Yes they did. At 4.32 PM, after hours, there was a shocking warning.
- By Tom Winnifrith, The Sheriff of AIM |
- 19 September 2016, 05:32 |
Adgorithms – is again “pleased to report”, but again the shares head materially lower…
Adgorithms (ADGO) “is pleased to report half year results for the six months ended 30 June 2016. In the period, the company delivered revenues of $8.7m, and adjusted gross profit of $2.2m”. Sounds promising, but what? The shares currently down 25% to sub 20p. Hmmm...
- By Steve Moore |
- 19 September 2016, 04:35 |
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Bank of England set to buy debt in Apple - There’s no real safety in our financial system merely the illusion of safety.
Switzerland's central bank now owns more publicly-traded shares in Facebook than Mark Zuckerberg. The tech giant's founder and CEO has other non-publically traded share classes that he controls the company through, but this example illustrates just how the Swiss National Bank has become a multi-billion-dollar equity investor due to its campaign to hold down the Swiss franc and all bought by its ability to print money from nothing and then use it to buy everyday real companies. It is now the world's eighth-biggest public investor, data from the Official Monetary and Financial Institutions Forum show.
- By David Scott |
- 19 September 2016, 03:30 |
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Filthy Forty – interims deadline looms: yet more executions afoot?
Of the original 40 AIM-China companies we identified as our ShareProphets Filthy Forty, the steady attrition has seen that number whittled down to just 17 companies. The period either side of the reporting deadline for calendar 2015 numbers (30 June) saw further departures, but last year’s interims deadline saw a queue for AIM’s Death Row develop. How are we looking this time?
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 19 September 2016, 03:17 |
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Cash strapped Slater & Gordon tries to get £50 million from Watchstone with legal threat
Aussie poltroon Slater & Gordon (SGH) has finally woken up to the fact that the Quindell businesses it bought for £647 million last year were worthless frauds and as such it has today said it is taking legal action against Watchstone (WTG), the renamed Quenron corporate entity. I fear the Aussies are merely throwing a Hail Mary pass and that its case is doomed. Its shares are not 95% down since the deal at just 40 cents for no reason.
- By Tom Winnifrith, The Sheriff of AIM |
- 19 September 2016, 03:03 |
Sirius Minerals will offer cheaper buying opportunities
Sirius Minerals (SXX) has made good progress with its polyhalite fertiliser project so far and ultimately it will also be of benefit to the UK economy, but I struggle to see the share price going much higher in the shorter term.
- By Gary Newman |
- 19 September 2016, 01:18 |
Up and Away with British Airways (International Consolidated)? Perhaps Not.
Hello Share Hammerers. I cashed in my British Airways shares before the price of aviation fuel crashed. This timing error cost me a lot of money. And you probably agree with me that selling just before a share price leap is probably the nastiest feeling a share shifter can experience.
- By Malcolm Stacey |
- 19 September 2016, 01:14 |
It's time to buy Randgold Resources for a continued gold bull run
Gold has been showing signs of weakness but I am yet to be convinced that this is justified and I think the market has over-reacted, which means that there are some good opportunities around for gold bulls.
- By Gary Newman |
- 18 September 2016, 10:46 |
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Avanti Communications - Friday's RNS just rings false: Collapse still a slam dunk
Hat tip to reader G for fisking the horseshit RNS from Avanti Communications (AVN) on Friday which should be read as a tacit admission that the game is over. This remains a slam dunk sell and almost certain zero. Here's why.
- By Tom Winnifrith, The Sheriff of AIM |
- 18 September 2016, 10:09 |
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Is there a Nomad out there who cares only about money - Gable needs your help badly now!
On 16 September, AIM Cesspit posterboy Gable (GAH) run by William "Piggy" Dewsall, made the following announcement:
- By Tom Winnifrith, The Sheriff of AIM |
- 18 September 2016, 09:58 |
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Tom Winnifrith Bearcast: Crashing with China, Krispy Kreme and the trainwreck CV of Lyin' Chris
In today's podcast, recorded before my father in law hogs the TV room to watch Songs of Praise, I look at what the Krispy Kreme IPO in Londron means, at signs of the mother of all crashes in China and what the CV of destruction from lyin' Chris of African Potash (AFPO) exposed HERE earlier - means. Am I a hypocrite on this matter. Er...no.
- By Tom Winnifrith |
- 18 September 2016, 09:47 |
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Avanti Communications Shafts its Bondholders
A few years ago when listed high street retailers were going down like ninepins they would invariably have the decency to inform shareholders that their equity was worthless shortly before implosion. “Little or no value” was the usual phrase.
- By Lucian Miers |
- 18 September 2016, 09:23 |
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Vela - Fundraise - interesting investor Scott Fletcher, Company Chat
This is a tad frustrating. Good news on the 2nd about an investment it has made. Then on September 5 came results for the year to March 31 for Vela Technologies (VELA). half way through September the numbers were pretty meaningless.
- By HotStockRockets |
- 18 September 2016, 09:19 |
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Filthy 40 Taihua – Open Offer (to fund share buy-back) result: it’s a rum’n’coke
In the curious world of ShareProphets AIM-China Filthy Forty play Taihua (TAIH) we have now had the result of the Open Offer which was announced in order to raise funds to pay for a share buy-back. I’ve got a great idea to get Jeremy Corbyn elected into Downing Street: let’s raise the basic rate of income tax in order to fund a cut in the basic rate of tax. I digress….This is, of course, all from a company which saw its Auditor issue a going concern emphasis of matter and a qualified opinion on its FY15 accounts in relation to trade receivables.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 18 September 2016, 09:18 |