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

SYME
premium content

Supply@Me Capital – revenue, profits and TAG cash funding promised tomorrow with loads of jam

In today’s long-winded business, trading and funding update Supply@ME Capital (SYME) gave its usual dog ate my homework excuses about why deals hadn’t yet completed and promises of jam tomorrow but crucially had to fess up that it was still owed £1.766 million by Alessandro Zamboni’s the AvantGarde Group (TAG). But it seems to have pleased the chatroom gerbils.
Bearcast
premium content

Tom Winnifrith Bearcast: What a good Welshman like Steve O'Hara will be doing on St David's Day tomorrow

The answer starts the podcast as I also discuss what Joshua and I have planned. Then it is on to Avacta (AVCT), Hemogenyx (HEMO) and stockmarket morality, Tek Capital (TEK), BSF Enterprises (BSFA), Blackbird (BIRD), Tintra (TNT) and finally Skinbiotherapeutics (SBTX) where, I sense, Stuart Ashman and his greedy and overpaid FD are on the way out.
SHG
premium content

Shanta Gold – late “adjournment” of Meetings to approve offer, why not providing what the shareholders “feedback” was?

On 20th December Shanta Gold (SHG) was “pleased to announce” agreement of a 13.5p per share cash offer, arguing “it provides an exit opportunity in cash for all shareholders taking into account the current gold price as well as the operational and other risks inherent in the business” and, subsequently, to approve it, there was a Court Meeting scheduled for 1pm, and General Meeting for 1:15pm, today. Instead though today there was a 7am “Adjournment of Court Meeting and General Meeting” announcement, stated to be “following feedback received from Shanta shareholders in connection with the Scheme”. So what’s going on?
ICON
premium content

Iconic Labs, after the insider dealing: do the maths!

Yesterday the share price of Iconic labs (ICON) surged by almost 100% at one point. Of course there is never any insider dealing in the City of London where the streets are paved with gold and where everybody is a scholar and a gentleman. Today the shares have been suspended as the FCA forced the company to ‘fess that it was in early stage talks about an RTO. Now do the maths.
ADF
premium content

Facilities by ADF – argues a “strong financial performance”. Is it though and what of the forecasts downgrades that dare not speak their name?

Production facilities for the UK film and television industry company Facilities by ADF (ADF) commences a full-year trading update announcement with that it “delivered another strong financial performance in FY23 with revenue expected to be £34.8m (FY22 £31.4m) and adjusted EBITDA of £7.3m (FY22 £7.9m)(1) and an adjusted profit after tax of £1.1m (FY22 £4.8m)”. Hmmm, is that really a “strong financial performance” then?
HEMO
premium content

Hemogenyx placing makes me remember what bastards these chaps are

Shares in Hemogenyx Pharmaceuticals (HEMO) already trade below the 2p price of a £3.325 million placing announced this morning. That is a bad sign. The placing makes me remember my first encounter with the company on 26 February 2018. That made me view the company as scammers and my view is not changed. Eventually folks will tire of this worthless shitshow.
RTOP
premium content

Regtech Open pulls a fast one with a year end change, just six months after its IPO

It is technically insolvent, has yet to clear up the gross deception regarding the mystery 12 “investors” from its IPO and has not updated us on payments made, or rather not made, to it under a loan agreement from scampster Alessandro Zamboni. But Regtech Open Project (RTOP) has announced a year end switcheroo. Just six months after its IPO. Yet another red flag vicar?
IEC
premium content

EXPOSE: Investment Evolution Credit: a £13m scam listed on Aquis c/o Cairn Financial it’s a zero

This is shocking and I can only think that my pal Liam Murray at Cairn Financial and the chaps round at Aquis Regulation had overindulged on the Christmas sherry on an industrial scale when Investment Evolution Credit (IEC) was listed on 14 December 2023 raising gross proceeds of £508,000. At an 85p mid its market cap is already £12.72 million but it’s a scam, a worthless con as I shall explain below. Its accounting is mind blowing and it just lies about what it does. On its website, Investment states that:
AVCT
premium content

UPDATED GOTCHA! Avacta placing at just 50p! Its most hated critic, Tom Winnifrith (the Sheriff of AIM), vindicated yet again!

The shares closed Wednesday 28th down yet again at 74.4p and then, after hours, came the bombshell I warned folks about repeatedly but which Bulletin Board gerbils were in denial about: a placing at just 50p. Expect the sound of timber collapsing and gerbils squealing first thing. As the most hated of the Avacta (AVCT) bears, I shall enjoy a sober celebration at Sheriff of AIM Towers. Schadenfreude is the order of the day.
Bearcast
premium content

Tom Winnifrith Bearcast: recording a video with Lucian, insider dealing at Direct Line and why today's news is a resignation matter for the greedy, bearded, Geordie, poltroon Ashman

I start with the Lucian video.I hope to record one with Steve O Hara later this week and to put the whole show live this weekend. I then discuss AIQ (AIQ) and the problem it shows about the whole Standard List, Direct Line (DLG), the bid and the insider dealing, BSF Enterprises (BSFA), St James Place (STJ) and screwing customers and why Stuart Ashman should quit after today's news from Skinbiotherapeutics (SBTX). Over on my own website there is, I think, an interesting podcast on Ukraine/Russia/The UUS elections , what is happening, will happen and why they are linked. You can listen to that HERE.
CPX
premium content

CAP-XX – emphasising some ‘pleasing’ business activity as attempts to mitigate delayed “Update on litigation”?

Describing itself as “a world leader in the design and manufacture of supercapacitors and energy management systems”, CAP-XX (CPX) has issued an “Update on litigation and trading”-titled announcement and what of the shares currently up 0.10p at 0.50p in response?
AIQ
premium content

AIQ – Sub-Standard Listed Shambolic Results From Another Crap VSA Flotation

Standard-listed AIQ (AIQ) has been nothing but trouble since it listed with the helpful assistance of Andrew Monk’s VSA capital. It spent much of its first six months on the LSE suspended and now all the money’s gone. This morning it announced its audited results to October 2023: look away now if you are a shareholder.
STJ
premium content

St James Place shares crash as it sets aside £426 million for screwing its customers and there will be worse to come

I say this time and time again, in any business there are three key groups of stakeholders: customers, employees and shareholders. In some businesses there is a fourth, suppliers. The basic rule is that you can over-reward one or two key groups by screwing a third but only for so long. In the end you will pay for that screwing. Wealth manager St James (STJ) created a vile culture where staff were given huge bonuses, luxury cruises and more if they screwed customers by getting them to churn their investments and by stiffing them with any charges going. That also allowed the company to pay bumper bonuses. But that business model is not sustainable. And today the chickens started coming home to roost.
CRV
premium content

Craven House Capital – a sub scale dog that should wind itself up

Craven House Capital (CRV) is one of those pointless companies at the very bottom of the AIM sewer list of failures, by market capitalisation it was at number 737 out of out 744 in the January table. Today it released its interim results for the six months ended 30 November 2023 which showed a loss of $114,000 increasing the deficit on shareholders equity to $498,000.
ENSI
premium content

EnSilica – “Significant c.US$20 million Supply Win” announcement just hours after discounted placing announcement!

Yesterday afternoon EnSilica (ENSI) announced that it has conditionally raised approximately £1.1 million in a placing at 50p per new share and the company has today issued a “Significant c.US$20 million Supply Win”-titled announcement. What of these and a share price currently further up to above 70p in response?
BTC
premium content

Shameless tweet ramping from David Lenigas: there should be a law against this

Today the David Lenigas bitcoin ramp Vinanz (BTC) announced it has raised £447,750 at 12p. For lucky funder shareholder Mr. David Lenigas who, along with his bromance partner Richard Poulden, paid just 0.25p for his shares just weeks before a 3p IPO that is more good news. Some of the cash will go to buy more bitcoin miners but most will be used for share promotion: a dual listing on Nasdaq and another one on Frankfurt, a cowboy market that makes AIM look sober and honest.
HFD
premium content

Halfords – from “Strong start to Q4 trading, FY24 profit guidance maintained” little over a month ago to already “a further material weakening”!

A 25th January trading update headline from Halfords (HFD) included “Strong start to Q4 trading, FY24 profit guidance maintained”, with that stated to be £48 million-£53 million. So what of already a further trading update despite the company’s year being to 29th March?
VDTK
premium content

Verditek a new chapter begins, worth a small flutter?

Sometimes, even with a disastrous share tip from Old Mother Mike Walters, there is life after death. Investors may have lost more than 99% of their dosh from peak Walters ramp but today there is a new beginning and it is very tempting to have a flutter.
OPTI
premium content

OptiBiotix – long-winded “Strategic and commercial update”, but various positives suggest still a Strong Buy with target price increased

OptiBiotix Health (OPTI) has issued a “Strategic and commercial update” announcement. There are various positives in the long-winded announcement and the shares have currently responded more than 11% higher to 25p, but that’s still below levels of even early this month and we’d have preferred a much more to-the-point announcement of financials and orders news. However, having spoken to CEO Stephen O’Hara, we believe significant progress is being made on those to mean significant potential from the current £22.8 million market capitalisation.
Bearcast
premium content

Tom Winnifrith Bonus Bearcast: with Luke Johnson on Board Tortilla Mexican is a 10 bagger said the twitter moron with 39 followers

Rollout is not that simple. I explain why this poltroon is making wildly overoptimistic assumptions with regard to Tortilla Mexican (MEX). I bet even Luke Johnson agrees with me not the poltroon.
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

 

CTAI

Catenai – monster dilution

Time left: 17:37:00