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Latest News

Malcolm-On-Motorcycle

Banish Bank Holiday Blues. Your Shares May Sparkle for the Next Four Months.

It’s often overlooked by the more gloomy arm of our golden fraternity that we are now not far off that happy time of year when shares, all things being equal, will rise. They do most autumns, even when there is nor particularly jolly economic news on the horizon.

ITQ

InterQuest & Avesco – share tip of the year updates

I previously updated on my share tips of the year just after the Brexit vote – see HERE. The following updates on developments since…

RTN

Tuck in to some tasty income at Restaurant Group

This morning brought interim results from Restaurant Group (RTN), the owners of 500 restaurants including Frankie & Benny’s, Chiqito and Coast to Coast. The company is not happy with its own recent performance but there are still great signs for its long-term potential.

SDY

Speedy Hire – agrees an asset disposal ahead of General Meeting dust-up with Toscafund…

Ahead of a 9th September General Meeting after a requisition from largest shareholder Toscafund, Speedy Hire (SDY) has followed a circular hitting back with an announcement of a sale of its large mechanical plant fleet…

Bearcast
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Tom Winnifrith Bearcast - Riling fraudsters and their advisors, yes you Stewart Dickson of African Potash infamy

A rushed day, back to hospital in five minutes. Ahead I discuss why mug punters and Justin the Clown love blue sky rubbish like Cloudtag (CTAG) but not value plays. I discuss three value plays I know well two of which we own: San Leon (SLE), Obtala (OBT) and Guscio (GUSC). Boring is sexy. Then I look at a non value stock mugs like, North River Resources (NRRP). Then I discuss how one plays the game: fraud hunter vs fraudsters and yes that might involve producing mugs!

RXB

Rex Bionics – results statement notes “a number of important milestones”, but what about the financials?

Robot technology to enhance the mobility of wheelchair users-focused Rex Bionics (RXB) has announced results for its year ended 31st March 2016 and that this “has been a period of broad progress across all areas, and we are pleased to be able to report to shareholders on the achievement of a number of important milestones during the period”. Hmmm…

OPTI
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Optibiotix Interims: Very pleasing but not orgasmic

Results from the half calendar year from Optibiotix (OPTI) were very pleasing indeed but not orgasmic and that is why the shares are a tad weaker at 69p-72p. They are cheap but punters need to see more. They will not have to wait too long.

SLE

San Leon 2017 yield 19% and PE 2.6 - we are in

Well that is the forecast anyway for those who took part in the San Leon (SLE) placing at 45p details of which were announced today. For once we are on the same side as Tosca Fund which did most of the placing as we also had a modest nibble. Delivery is the key but on those sort of forecasts it would be rude not to invest. 

Bearcast
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Tom Winnifrith Bonus Bearcast: Justin the Clown & Cloudtag: Manna for Morons

Sheep shagging buffoon Justin the Clown is unrepentant after the Andalas debacle and yesterday transmitted a podcast with the CEO of Cloudtag (CTAG) which is the Bulletin Board Moron ramp de jour. In this podcast I tear into the Clown but also into Cloudtag explaining all the reasons why it is a sell and flagging up the issues the Clown would not tackle as he sucked up to another CEO on the ramp and his moronic audience.

ETO
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Entertainment One – shares slide as ITV walks, but should investors follow suit?

Earlier this month I looked at Entertainment One (ETO) unanimously rejecting a 236p per share takeover proposal from ITV and whether ITV would be back - see HERE. Now we have an “ITV withdraws proposal to acquire eOne” announcement...

LTHM

James Latham – AGM trading update, growth still slowing?

Previously, with shares in James Latham (LTHM) at just above 700p, I was deterred by a results statement noting “like for like revenues are 4% higher for April and May than the corresponding period last year… there are some signs that this growth is slowing”. With the shares currently at 670p, I now review following an AGM trading update…

TTG

Record Car Sales Should Boost Engineering Firm TT Electronics

Hello Share Funsters. I don’t like investing in the motor industry because I think we should all do more walking, I hate air pollution and don’t really like driving. But this should not stop my bringing to your attention companies in this line which I think might make you some money. Though you must always do your own research as I could be - and often am - wrong.

AERO
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Strat Aero - after the pump the dump, bailout placing & misleading but dire trading update

Shares in AIM dog Strat Aero (AERO) zoomed ahead by 140% on Monday on the back of a total piece of non news. There was more non news on Tuesday but the shares started slipping back from 1.1p and they fell again today becuase after the pump there was the dump a placing to raise £370,000 pre expenses at just 0.5p. Oooh you bought into the pump at 1.1p - sore bottom time.  The shares are now 0.6p to sell. It gets worse.

ALM
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Mid-Year Results Are In: Allied Minds remains a Sell

Having queried earlier this week why Allied Minds (ALM) sought to open a credit facility with a US bank, I was looking forward to the release of the company’s half-year report this morning. It’s been a busy period for the company, with new rounds of capital raising and new investments across a range of subsidiaries.

ZMNO

Zamano – initial “Highlights” of half year results positive, so why are the shares further down?

zamano (ZMNO) has announced results for the first half of 2016, with a first two “Highlights” of “sales increased by 80.2% to €18.748M” and “zamano continued to improve its balance sheet position, with cash of €7.430M at 30 June 2016”, so why are the shares currently further lower below 10p? …

AFPO
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Buy your P45 for Stewart Dickson of African Potash infamy mug now!

Stewart Dickson of Nomad Cantor Fitzgerald is today exposed for his role in the scandal at African Potash (AFPO) as the company misled investors ahead of a bailout placing, as it committed fraud. You can read about Dickson's role HERE as we launch the "Fire Stewart Dickson to clean up AIM campaign."

Bearcast
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Tom Winnifrith Bearcast: My father shouts out from Pedants corner

My father wants it known that my podcast joke about 14th century pews shows how ignorant his son is as pews only arrived in churches in the nineteenth century. Moving on...I look at how events at Taihua (TAIH) and African Potash (AFPO) show what a joke regulation on AIM has become. I comment on Blenheim Natural Resources (BNR), Strat Aero (AERO), Avanti Capital (AVA) and its chairman Phil "InterX" Crawford and his other charge Lombard Risk (LRM). I look at Coral Products (CRU) where you need to dig beneath headline numbers and then I comment on Optibiotix (OPTI)

TAIH
premium content

ACEEEEEED!! Filthy 40 Taihua – on drugs as it announces Open Offer to pay for share buy-back.

Well this is a most bizarre situation. ShareProphets AIM-China Filthy Forty play Taihua (TAIH) has announced an underwritten one-for-three Open Offer at a 134% premium so that it can fund a share buy-back (and keep back a few quid for working capital). Has the company been taking too many doses of its own medicine?

AFPO
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African Potash - naming & shaming City advisors who knew investors were being mislead by FRAUD! ( new email arrives)

My man in London has provided me with a new email sent by African Potash (AFPO) CEO lyin' Chris Cleverley. This now allows me to publish the contract signed with Beryl Holdings, so demonstrating to you all how misleading the announcement by Potash was and also the bung involved in this deal. More critically I can now demonstrate the individuals at City firms who were aware how misleading the RNS was and - given that Potash was on the pathway to a placing - how fraudulent that is. Those City figures I name and shame should now all be placed on immediate workplace suspension ahead of a formal enquiry.

JLP
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Jubilee Platinum update - mostly very good news: on track: buy

The latest trading update from Jubilee Platinum (JLP) is nearly all good news. The update covers the Dilokong Chrome mine tailings project (DCM) and the Hernic PGM-bearing chrome tailings project.

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