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Latest News

TERN

Tern – placing at just 8p as share slide continues

AIM-listed jam-tomorrow investment company Tern plc (TERN) has announced yet another fundraising this morning – this time at just 8p per share, raising £0.525 million. That won’t have gone down too well with those who ponied up at 12p back in February when the company raked in £1.1 million, or those who contributed to the £0.72 million placing at 12p last August.

SGI
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Stanley Gibbons: Good news and Bad

In a detailed update there is good news and bad from Stanley Gibbons (SGI). Let's start with the good news as it has been rare in coming from this company of late.

CTAG
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CloudTag – A disappointing “jam tomorrow” stock since 2013

Being one of the few writers on ShareProphets yet to comment on the stock du jour of rampers everywhere (see HERE for the full coverage), I thought I’d take a visit down memory lane and see what lessons one can learn from CloudTag’s (CTAG) history. Guess what, it’s been promising jam tomorrow from the beginning.

MIRA

Mirada – CEO “pleased to present” full-year results, though shares down 9.5% in response. Hmmm…

The CEO of provider of software for digital TV Mirada (MIRA), José Luis Vázquez, is “pleased to present the group's financial results for the year ended 31 March 2016”. The shares are though more than 9.5% lower, at 4.75p, in response. Hmmm…

TRT

Trying to make sense of Transense

Shares in AIM-listed Transense Technologies (TRT) are up heavily on the back of a positive-looking trading statement and news of a licence agreement with NYSE giant General Electric (GE). But is the news all it is cracked up to be?

ARM

Steve's Dead Right. ARM Could Trigger More Take-overs. Here Are some Possible Targets.

Hello Share Scrunchers. It always encourages me when my colleague Steve Moore, a modest sort of chap who is very tuned in to our golden game, has the same thoughts as me. Even more so, as we don’t always agree. But when he says that the takeover of ARM Holdings (ARM) is good news not just for ARM holders, but the share investment world as applied to the whole of the UK, then I totally concur.

OCT
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Octagonal - another comedy classic from Fatty Cornish and another win for the Sheriff

Earlier today I flagged up that John Gunn run POS enterprise Octagonal (OCT) had, in April, promised results in June but had not only not published its numbers (never a good sign) but had also parted company with its auditor last month but not told anyone about it. In direct response to MY ARTICLE HERE, Octagonal fished its corpulent and useless Nomad Roland "Fatty" Cornish out of his four course luncheon to issue a statement. It is another comedy classic from Fatty. Boy he does know how to tell em.

CVR

Conviviality - Final results do little to dispel sense of risk

Shares in Conviviality (CVR) are up by over 10% to nearly 200p today, although they are still somewhat lower than when I covered the company in May. The final results published this morning suggest that investors should continue to be very cautious about making an investment here

CHAL
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Challenger Acquisitions – Just one question then, Mark, have you paid the £1 million you owe?

Another week and at least two more soft interviews for Mark Gustafson, CEO, of Challenger Acquisitions (CHAL) this time at ProactiveInvestors (again) and yet another “mauling” from Zak Mir on TipTV. Desperation at all-time highs but surprisingly no-one asked the critical question: have you managed to pay the €1.25 million you owe the ex-Starneth shareholders?

CTG

Christie Group – hopefully my warning was heeded, as it’s now profit warning ahoy!

On a 15th June AGM statement from provider of professional business services and stock & inventory systems and services, Christie Group (CTG) I concluded that “there looks significantly elevated risk here. As such, at this juncture this looks one to avoid. Sell.” Hopefully this was heeded as a “Trading Statement” announcement today includes that “operating profit for the year ending 31 December 2016 is likely to be lower than previously expected”...

LED

F40 LED International Holdings - where are the bloody Interims?

In its results to June 2015, which were finally published almost six months late and were heavily qualified by the auditor which not only raised a material uncertainty in the Going Concern statement but also issued a disclaimer of opinion on a number of matters in the accounts, we were told that the board of the Filthy Forty's LED International (LED) anticipated the (now more than three and a half months late) interims to Dec 2015 would be announced during the first half of July...

HNR
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Highlands Natural - more Helium shite and its most laughable claim yet

In between serving up more prize horseshit with its latest release Highlands Natural Resources (HNR) has claimed for itself almost psychic powers as it attempts to explain away previous lies.

ARM
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ARM Holdings – recommended offer; from Acorn, a mighty oak has grown, more such takeovers to come?

In 1987 Acorn Computer Group’s ARM processor emerged as a first ‘Reduced Instruction Set Computing’ processor for low-cost PCs and in 1990 Advanced RISC Machines (ARM) was spun out to focus on the creation of a new microprocessor standard. Today ARM is pleased to announce a recommended £24.3 billion takeover by Tokyo-headquartered SoftBank Group & so it should be…

Bearcast
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Tom Winnifrith Bearcast - My father will need to admit to liking Theresa May

Tomorrow my father faces his interview at the Conservative Club and I have been coaching him on what he can say as a deluded lefty to get access to the cheep beer. Elsewhere I discuss how share prices can defy gravity temporarily and why with reference to Gable Holdings (GAH) and Gulf Keystone (GKP). Then I move onto Nyota (NYO), Avanti Communications (AVN), Strat Aero (AERO) and then, in some detail, the dog run by liars that is African Potash (AFPO)

EU_flag
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Complicated & Grim...that is Europe post Brexit not the UK

The head of the world’s largest asset manager has warned that the UK’s decision to leave the European Union will trigger a recession. Larry Fink, chairman and chief executive of BlackRock, said UK gross domestic product (GDP) will face a “short-term” recession despite the Bank of England’s decision to keep interest rates unchanged at 0.5%.

OCT
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Octagonal plc – where are the results for the year ended 31 March 2016?

On 29 April 2016, Octagonal (OCT) issued a Post Close Trading Update in respect of its wholly owned subsidiary and primary business, Global Investment Strategy UK Ltd ("GIS"), following completion of the reporting period to 31 March 2016.  It that announcement it made the following statement:

NYO
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Nyota Minerals- With Roland "Fatty" Cornish as Nomad the Panto continues

Once again the folly of allowing Roland "Fatty" Cornish to act as a Nomad for AIM casino stocks is well and truly exposed. Once again mug punters are seen to have taken it up the jacksie because of the incompetence of Fatty who is, as I write, enjoying a full English breakfast with an extra two big fat juicy pork sausages just like they used to serve at his old boarding school. Today's case study is Nyota Minerals (NYO).

Chocolate-Teapot
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Bogus CEO of the Year award...you could not make this up

Who is the best CEO out there? In the world of financial services maybe we should go to the Wealth & Finance International Magazine as it hands out its gongs. It leaves nothing to chance stating:

BME

Bargains Store Could Be Bargain for Share Shifters, too.

Hello Share Twiddlers. One of my favourite stores in my nearest big town is B&M (BME). It is a natural successor to Woolworths, which used to be my number one store. Yes, we all know what happened to the high street Woolworths, but in dark times, which many of our citizenry claim to be experiencing, it’s the stores which offer bargains that are most likely to thrive.

Amanda-Van-Dyke

Mining Stocks are soaring again - but which ones to buy? Get free guide by Tom Winnifrith now

After four years in the doldrums mining stocks are again heading sharply higher. many people including our own Amanda Van Dyke have been arguing for months that now is the time to buy. But...

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