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Latest News

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.

KBT

K3 Business Technology - more than decent prelims, leaves us c130% up on share tip but more to go!

K3 Business Technology (KBT) has announced results for its year ended 30thJune 2016 and we’ve had a chat with management. The shares are ahead on the news to 343-352p. Not bad given we tipped this at a 149p offer

Bearcast
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Tom Winnifrith Bearcast: Loads of Pornography and Welshmen shagging sheep + Sepura and 1 down 1 to go with Phil Edmonds

Pornography, naked women, sheep shagging Taffs. Actually there is nothing of the sort in this bearcast but I mention it just to annoy Kay Larsen,a prudish and stupid PR spinner for Sepura (SEPU). Kay is a really silly cow and we have crossed swords before so I rub her nose in it with her client whose statement today is a scandal. The rozzers really need to have a butchers. Then I cover Modern Water (MWG), Falcon Oil & Gas (FOG) and a trio of uber dogs with uber fleas: Blur (BLUR), Inspirit (INSP) and related party Octagonal (OCT). Then I look at Phil Edmonds creation Sable (SBLM) which is now a month away from AIM casino death. Its sister company is the fraud African Potash (AFPO) and I cover this matter in detail. It looks as if the Mrs will give birth tomorrow so if I take a break and you miss me either listen to the archive HERE or google "tourettes audio" and find something similar. Warning: this podcast contains some very bad language especially for the prude Kay Larsen.

GYM

PureGym to float: Implications for The Gym

I’ve written on this website in gushing terms on the disruptive business model being operated by The Gym (GYM). However, I mentioned before that it has “one larger competitor”. That competitor is floating on the LSE and so it is perhaps not surprising to see The Gym shares slipping on the announcement.

SEPU
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Sepura – less than 2 months after bail-out fundraising, a profit warning extraordinaire!

After 4th April 2016, “adjusted EBITDA lower than expectations… possibility of covenant breaches”27th April; “short term cash constraints… ongoing discussions with stakeholders regarding liquidity and capital structure” and 27th June “management actions taken to revise business model - impacting FY17 financial performance”, a now 12pm “Trading update” announcement from Sepura (SEPU). Uh-oh…

MIN

Minoan - good news and bad, on balance...

First the bad news from Minoan (MIN) - a profits warning on the Travel & Leisure side. What is shocking here is the speed at which things have gone awry. Bear in mind that half year numbers were released on 14 July. So in that vein the company states well under two months later:

CLP
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Clear Leisure: a classic Pump and Dump – all involved should be embarrassed

Surprise, surprise, Clear Leisure (CLP) announced a placing this morning at 0.9p following a rampfest from the time it announced its Operational Update on Monday morning. All involved should hang their heads in shame. Let’s look at the textbook P&D in closer detail.

AVO
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Advanced Oncotherapy - Placing next week? Will it start to be honest about how small its potential market is?

Advanced Oncotherapy (AVO) announced its interim results on 22nd September 2015 and so you would expect that it will be publishing numbers for 2016 within the next week or so. The main question is whether it will be accompanied by a desperately needed placing of at last £35 million? But as we await that I wonder if the company would care to update us all on the true state of its UK sales pipeline. Telling the truth is not too much to ask is it?

DRV

Driver Group – confirms a second half year return to profit, so why are the shares crashing again?

Construction and engineering industries consultancy group Driver (DRV) “is pleased” to confirm a return to profit during the second half of its year ending 30th September on turnover expected to be roughly 7% ahead of that recorded at the interim stage. The following though reviews, with the shares currently more than 11.5% lower, at 42p...

Ben_Dover
premium content

The Chairman's Blog 13: Sir Benjamin Dover of Global Mining Endeavours takes advice from Jim at The Tax Dodger's Return

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 thirteen...

EUSP

EU Supply – does “Renewal of agreements” announcement merit the further share price gain?

Shares in EU Supply (EUSP) are again on the rise – currently more than 8.5% higher at 11.125p – on the back of a “Renewal of agreements” announcement. Let’s take a look…

ABF

Primark Pack 'Em In - But I'm Not Convinced the Shares Are a Bargain Buy

Hello Share Scorchers. My family is addicted to Primark stores. They will travel 60 miles just to go to our nearest one in Swansea. But it’s not my favourite shopping experience because its establishments are usually absolutely chocker with buyers. Not that Primark is not well equipped to serve them well, with a workforce of 60,000 across 300 stores in 11 countries. You didn’t think it was that big, did you?

NTQ

Enteq Upstream – AGM update on company & industry positions

Having slid back towards 12p following a June announcement of results for its year ended 31st March 2016, shares in oilfield services technology and equipment supplier, Enteq Upstream (NTQ) are currently steady at 16p on the back of an “AGM Statement” announcement, which includes an update on current conditions in the industry…

OPTI
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A rather underwhelming RNS from Optibiotix - it is the demerger we want to hear about

The good news is that a 1.5 million share overhang in Optibiotix (OPTI) has now been cleared. So the shares should soar on good news. The bad news is that we have to wait a bit longer for that good news... Instead we get an RNS that was never going to set the share price on fire. Optibiotix has announced the results of a survey of customers of its GoFigure slimming shakes and bars. 30 lard buckets took part in the survey.

Bearcast
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Tom Winnifrith Bearcast: From A for Avanti to Z for Zero via F for Flea

Still no news on Tom Jnr but I shall keep you posted. Actually the Mrs has banned the name Tom and is on a bit of a roll for cot related reasons. On the markets I look at Avanti Communications (AVN), Ocado (OCDO) and in detail Corero (CNS) and Tyratech (TYR) and cannot resist a smug mention of Wishbone Gold (WSBN) after my weekend comment HERE.

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