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

TNI
premium content

Trinity Mirror - Gargantuan pension fund creates a puzzle for investors

There is a saying that some stocks are little more than pension funds with small businesses attached to them. This unfortunately looks to be the case with Trinity Mirror (TNI), whose market cap does not come close to matching the size of its actuarial pension deficit.

FITB
premium content

Fitbug – having shunned equity-risk, it’s instead vast risk-free exposure for the directors

A couple of weeks ago I commented on directors at Fitbug Holdings (FITB) not taking the chance to demonstrate their confidence in the June results statement pronouncement that “the building blocks of a successful business are now in place” - see HERE. Now they've granted themselves significant share options! Unlike those who invested meaningfully in the fundraising, it’s vast risk-free exposure for management here...

SEV
premium content

Servision - new NED to reassure on dodgy accounts? You're 'avin' a giraffe!

AIM-listed Servision (SEV) has announced the appointement of a new NED. If that is supposed to reassure in the face of Tom Winnifrith's complaint to the FRC over the "interesting" accounting going on at the company then the CV of new appointment Mr Anthony Legge is just jaw-dropping.

RUR

Rurelec – another short-term loan, this time for just 90 days, death merely postponed

The noose does appear to be tightening around AIM-listed Rurelec (RUR). It had appeared for a while that the board had managed to buy itself a little time with an extension to a previous short-term loan out to the summer of next year. But all the while the company has been clear that funding is tight. It comes as little surprise, then, that a bit of extra cash was needed but the terms (90-day maturity, 18% annualised interest) suggests that the company is more than a little distressed.

Bearcast
premium content

Tom Winnifrith bonus bearcast: The AIM casino disgrace that is MySQUAR, I name & shame

AIM casino dog with fleas MySQUAR (MYSQ) has today managed a small bailout placing as it teetered on the verge orf bankruptcy just 13 months after its IPO. The roll call name of shame includes pompous PR supremo Piers Pottinger who is a NED, Nomad SP Angel, brokers Mirabaud and Belfort Securities. The shares have plunged to 4p (60% down on the IPO) but are in fact worth 0p. This is a ZERO, an AIM uber-dog. I look at the red flags, talk you through the maths and name the guilty men, the establishment fuckers, the 1% who have made money as poor old private investors took it up the jacksie again. Yes I am angry and use some bad language.

QPP
premium content

And still the Quindell Bulletin Board Morons try (and fail) to put us out of business

The FCA is set to fine Cenkos over the Quindell fraud, the FRC has thanked me as it panned Quindell for fraud, and the SFO is making good progress on the Quindell fraud yet some morons still blame me for the penury they suffer as a result of ignoring our warnings that Quenron was a fraud. These fools really do believe that Rob Terry was a good guy and, unbelievably, are still trying to put me out of business. Step forward a troll on the ADVFN Asylum posting crap under the nom de plume NickyName.

Amanda-Van-Dyke
premium content

Negative Rates to Take Gold to Heights Never Before Seen in History of Mankind

As a historian, Don Coxe is cautious in saying there is something new under the sun. He didn’t think he would live long enough to see the creation of an entirely new asset class, which is negative and seemingly endless in scope. Negative yields were first created by the self-financing Swiss to get the euro-zone moving again. Don likens them to the multiplying of bad germs, and finds it likely that there will be painful corrections in the economy, the stock market, or both.

Bearcast
premium content

Tom Winnifrith Bearcast - Tearing Alba apart & help with my dessert gooseberries

I have a stack of dessert gooseberries. I know they should be in a fruit salad but I can't buy into that so want to put them into a crumble but with what? I seek answers from any gourmands or gourmets who are listening. Then I look at Alba (ALBA) in detail, its placing ahoy! I move through Northbridge Industrial (NBI), Gable (GAH) and the mystery of the dog that barked in the night, Gulf Keystone (GKP), Keller (KLR) and FastForward Innovations (FFWD).

NBI

Northbridge Industrial Services - “is pleased to issue”… a profit warning...

Industrial equipment provider Northbridge (NBI) “is pleased to issue the following pre-close trading update in advance of its interim results for the six months ended 30 June 2016, which are scheduled to be released on 29 September 2016”“Pleased to issue”. Good, good, but what’s that?, the shares currently down more than 11% on the back of the announcement? Hmmm…

Collapsing-Reactor
premium content

How Politicians can take control. Start telling the truth.

The 2008  bailout was all about rescuing the gamblers from the Greenspan/Bernanke housing and global credit bubble again ( in started in 1971), and then to gift the huge windfalls on the 1% as the central banks reflated an even more monumental bubble  with new experimental regimes of QE, ZIRP and NIRP. But after these failed experiments the world’s financial rulers are going to reap the ill-gotten rewards, as they are increasingly on the receiving end of an even more powerful and nasty force that of political contagion.

Chocolate-Teapot
premium content

Tom Dobell at M&G (of Quindell infamy) Officially the UK's worst fund manager again

The most excellent BestInvest has today published its annual "Spot the Dog" Review of British based fund managers and - by value - around half of the cash invested in funds it terms dogs sits at M&G. And the worst fund manager among those managing UK equities only is Tom Dobell at M&G, the man who likes chucking other people's money at fraudster Rob Terry of Quindell over and over again. Among the heroes is, naturally Terry Smith of Fundsmith, the best performer in the "global" category. The full listings of dogs in each sector is fascinating. Well done Dobell, you are, if nothing else, consistent. That is to say consistently useless.

AVN
premium content

Avanti Coms tries to spin its way out of trouble - Inmarsat exposes the lie: not bidding

Three days ago Sky News reported that Inmarsat (ISAT) had approached Avanti Communications (AVN) with a view to making a bid. This was, as it happens, not true and today Inmarsat has exposed the lie in full. The story here is not only of the looming financial bankruptcy of Avanti but of its full blown moral bankruptcy too. This is shocking at every level, another milestone of shame for both Avanti and for the AIM Casino.

RMG

If You Return Some Shares to Sender, You Might Post Lower Profits

Hello Share Trundlers. There are folk who think investing in Royal Mail (RMG) is doomed to failure. They point to falling numbers of letters coming through our doors and the possibility of big companies like Amazon to arrange their own deliveries.

US-Flag-Blonde

When August is in fact July - you can take advantage TODAY

Sometimes it is good to wait... on Friday we were meant to have published our July tip of the month. But we still had a few things to check. It is better to be late and 100% sure than to rush and get it wrong. Especially when your money is at stake.

Bearcast
premium content

Tom Winnifrith Bearcast - a mad mad world is getting madder

Negative interest rates? Mortgages for the unemployed? Theresa May and Hillary Clinton reckoning they can solve the economic mess with "new Government policies". It is a mad, mad world. And sooner or later we will face a day of reckoning for the economy, for shares and for property prices that will be brutal in a way you cannot imagine as I explain in today's podcast

Hillary
premium content

Peter Schiff on the bond bubble, The bogus Fed & the nightmare of a Clinton Presidency

Libertarian gold bug Peter Schiff is a hero of mine. This latest podcast on the bond bubble and the nightmare of a Clinton Presidency is really superb. On Crooked Hillary he really is very funny and very accurate. Spare 25 minutes for a listen.

GENL

Why I've been buying Genel despite the risks

Geo-political instability can make investments far more risky, but alongside that you will often find the potential for large returns with companies which look undervalued based upon their fundamentals.

Collapsing-Reactor
premium content

Video: Peter Schiff - US GDP is collapsing, this is dramatic & what it means

You know that libertarian gold bug Peter Schiff is a major hero of mine. In his latest video he shows how real GDP growth is negative, it is collapsing. And that has profound implications for all of us on both sides of the pond. This is cracking stuff from Schiff. Yes we really are in recession already!

FFWD
premium content

Just when is the next FastForward placing, this ramping is getting frantic

In our recent coverage of FastForward Innovations (FFWD) both Cynical Bear and myself have pointed out that the maths in its ramptastic announcements to the mug punters who back this stock, simply do not add up. But there is a bigger problem...the company is running out of cash.

TTR

Taking a Chance on 32Red

32Red (TTR), the online gaming business, delivered a nice set of results on Friday, although they were greeted in a lackluster fashion by the market. After a huge run up in price over the past year, investors seem cautious that the share price might now fully “up with events”.

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: 03:49:24