From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Latest News

GAH
premium content

Gable - Nomad quits as Company says it will delist, remaining NEDs walk as well - £15m Scandal!

I have been warning you that Gable (GAH) was a zero for a good while - indeed my most recent warning came over the weekend as I discussed the resignation of three NEDs within 40 days. Now the Nomad has quit as have the remaining two NEDS and the shares will be suspended ahead of a delisting on 12 October. This is a scandal. Shareholders will almost certainly lose everything but CEO William Dewsall has made £15 million since the IPO and will now plunder whatever is left.

HAWK
premium content

Nighthawk - Running Foxes accuses it of er...ahem

Last week Nighthawk Energy (HAWK) issued an operational update. Over the weekend its erstwhile business partner Running Foxes issued a press release which puts Nighthawk in a bind. I shall leave the rest to the City's top oil analyst. Over to Mr Zak "the Knife" Phillips at SP Angel:

Clown

Pizza Hardman Darren Atwater set for Home office Grilling - call your MP to urge immediate deportation

These Canadians are swamping the UK. What right have people like the pizza hard man Darren Atwater to come over here, risking his own capital to buy and grow a business, creating jobs and paying taxes? Worse still, he then threatens the British way of life by encouraging us to have maple syrup rather than lemon and sugar on our pancakes, by watching ice hockey and by listening to Shania Twain and Bryan Adams. This afternoon the Hard Man faces a home office grilling

GetAFix
premium content

Tom Versus Malcolm. The Big Refugee Row Boils On.

Hello Share Twiddlers. Well, that didn’t work did it?  I had no support among the folk who kindly commented on my weekend piece which urged wealthy shareholders to make a contribution to prevent starving in Calais. And Tom wrote a detailed piece disagreeing with me. And it’s true that the Calais folk are mostly migrants from countries which are not being bombed. It was easy to construe from my piece that they are nearly all from Syria, but this is certainly not the case, and I regret not making this clear.

FISH

I don't see further share price upside for Fishing Republic from here

As someone who works in the fishing tackle industry as my day job, and have done so for nearly 20 years, I watched with interest as the first retailer in the sector floated on the AIM market last June.

Bearcast
premium content

Tom Winnifrith Bearcast: remembering 9/11, rewriting history & classic cars the canary in a stockmarket coalmine

It is the anniversary of 9/11, the Al-Qaeda attack on the twin towers in New York. I look back on that with a few thoughts notably on how we in the West have rewritten history in such an Orwellian manner as we repeat our past errors. I then look at what the market for classic cars is telling you about the stockmarket and house prices. It is not good. I've been here before and know how it will end.

AFPO
premium content

A letter to RSM the hapless Auditors to fraud African Potash

My good friend, the king of the fraudsters Sam Antar, was on cracking form this week reminding us all of how he used to hoodwink auditors KPMG over many years when masterminding the Crazy Eddie's fraud. You can see the genius Sam explaining all HERE. I am keen that the fine firm of RSM UK Audit LLP, does not find itself made to look like KPMG style fools, and have thus penned it an open letter today on the subject of both impending bankruptcy and also fraud at its client African Potash (AFPO). I am such a nice guy trying to help out these simple City folk don't you think? The open letter follows:

OCDO
premium content

Ocado Preview: London’s 3rd most shorted stock

The Ocado (OCDO) share price remains volatile, as investors try to figure out whether this unusual business is headed for success or failure. Short interest remains incredibly high, and currently represents about 17.5% of shares outstanding, making it a top 3 bear target in London! Let’s take a look in advance of next Tuesday’s Q3 trading statement.

INSP
premium content

Inspirit Energy - if it is out of cash by end October is it placing ahoy (Again)

On May 17th 2016 Inspirit Energy (INSP) raised £750,000 gross ( call it £700,000 net) at 0.5p per share but since then the news from the boiler room has been limited. The shares have tanked to just 0.29p and, worse, still, basic maths suggests that the jam tomorrow producer will be out of cash again within weeks. Is it placing ahoy? Methinks yes. Here are the maths.

TERN
premium content

Tern – 2015 accounts for Cryptosoft (now Device Authority) filed. Why don't the numbers match the accounts of Tern?

Tern plc (TERN) investee company Cryptosoft Ltd as was (now Device Authority Ltd) has filed its accounts for the fifteen-and-a-bit months to Dec 2015 and the picture painted is not pretty. Nor is the cross-match (or lack of it) to the accounts of (then) majority owner Tern plc. Call me a pedant, but surely the investment by Tern into the share capital of Cryptosoft at period end should not exceed the total of share capital and share premium, should it? Oh, and then there were a few balance sheet issues.

GAH
premium content

Gable Holdings...to lose one NED is excusable to lose three looks careless

At 11.40 AM on Friday Gable Holdings (GAH) slipped out an RNS with the harmless title "Board changes". Its contents, however, suggest this company is now toxic.

AFPO
premium content

The Great African Potash resignation reader poll - which rat will leave the sinking ship first?

Things are moving fast at the fraud African Potash (AFPO). So far it has not - as threatened - instigated legal proceedings against me but in light of specific information now in my possession which is enough to see folks bunking up as Rob Terry's roomie we say bring it on. See you in Court Bitchez! We sense that some of the rats in camp Afpo are getting skittish so the question is which one abandons this sinking ship of fools and fraudsters first? You decide, please vote in our African Potash rat poll below - deadline midnight Sunday.

CTAG
premium content

Another Red flag for CloudTag as the Twitter Abuse Flows

As I have pointed out before with Quindell (QPP) there seems to be a strong correlation with the underlying quality of a company and the unblinking loyalty of its hardcore shareholder base. In the case of Quindell this spilled over into unbelievable hatred and invective at anyone who had the temerity to question the company’s obviously questionable practices. 

WSBN
premium content

Wishbone - why I am certainly not selling now : the maths are compelling

We are almost 200% ahead on our investment in Wishbone Gold (WSBN) with the shares at 0.815p and I must admit that in recent weeks, I have, several times, thought about banking a few gains. But then came Thursday's statement from the company and I did the maths again - am I mad? This stock could still be extraordinarily cheap. Hear me out before you send for the men in flapping white coats.

Newsboy
premium content

Notes from Underground: Drop the Dead Donkey

In the next 11 days we will be in Court at least once (snake oil salesman Darren Winters Round 5) but perhaps more of African Potash makes Tom a happy man and sues him for libel. He says he really does want to "see the Potash bitchez in Court!" For those company executives who consider legal letters journalists as a way of dimming pesky sunlight, I'd like to quote a bit of an article ShareProphets linked to last week. It's regarding Theranos, the once sky-high medical diagnostics firm that has had quite the fall to Earth.

HUR

Will success with the drill sustain the Hurricane Energy rise?

It was great to see Hurricane Energy (HUR) announcing the completion of another successful well at its Lancaster field, as it has been a company that I’ve been a fan of for sometime.

Bearcast
premium content

Tom Winnifrith Bearcast: Pronto, Crowdfunding scandal, the SFO & Quindell

I look at the SFO decision on Tesco (TSCO) and examine what exactly it means for the fraudsters such as Rob Terry & Jon Stretton Knowles of Quindell who are now under investigation. And where does it leave smaller AIM listed frauds such as African Potash (AFPO), Cloudtag (CTAG) and Eden Research (EDEN). Then I look at the demise of crowdfunded new media darling of fuckwit millennials - Pronto. This is a massive scandal if anyone cared to look. Did anyone backing the funding back in June of this year know the company was already bust? Companies house shows that is the case HERE. Does crowdfunder Seedrs feel no responsibility to flag up such matters?  There are also read acrosses to listed tech plays such as Clouldtag to consider. 

PPHP
premium content

Papillon Holdings – a shocking deal even by the Sub-Standard Shockers XI standards!

I first wrote about Papillon Holdings (PPHP) when it joined the Sub-Standard List back in June (HERE) assessing whether it was “fit” enough for the squad. Well, I had no reason to worry as a mere three months later, it has issued an appalling RNS which will have the inevitable disappointing long-term consequences for shareholders.

Silver
premium content

This Chart Predicts At Least Up to $164 Silver! – What Happens If The Current Silver Bull Market Performs Like Previous Ones

Since the beginning of the current bull market, silver is already up 40%. While not enough to get crazy in the Hamptons yet, silver has incredible torque to outperform gold and based on this chart, we predict silver will hit $70 an ounce this cycle. But it could be more. That is the claim made by Palisade Capital. Over to the broker. which writes...

ITQ
premium content

Interquest Interims - not as bad as they appear ( company chat)

Specialist recruitment group InterQuest (ITQ) has announced disappointing results for the first half of 2016, but we’ve had a reassuring catch-up with early this year commenced CEO here, Chris Eldridge…

Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

Most Read in the Past Seven Days

That Was the Week that Was

 

ANP

Anpario – a recovery Buy?...

Thursday »

Cat_Fixing_Lightbulb

Bearcast issue update: all should be well

 

ORCP

Oracle Power: Cynical Foul

Time left: 19:55:02