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Tom Winnifrith Bearcast: Forgive the rant, at least it is data based & does not involve money trees
The Mrs broke the picket line yesterday. Actually there was no picket line, University Lecturers on strike are too lazy to do even that. So I start with a data based rant on greedy and lazy and deceitful public sector workers. Then it is onto DFS Furtniture (DFS), Amigo (AMGO), Wildcat Petroleum (WCAT, Pineapple Power (PNPL) and the fraud Supply@ME Capital (SYME)- By Tom Winnifrith |
- 16 March 2023, 15:48 |
CloudCoCo – full-year results, a need to improve “financial strength and liquidity”?
Previously writing on group which describes itself as “a leading UK provider of Managed IT services and communications solutions to private and public sector organisations”, CloudCoCo (CLCO) with its shares up to 1.325p I noted argues “strong strategic and commercial progress”…but if EBITDA is bullshit earnings, what is “Trading EBITDA”?!. The group now states that it “is pleased announce its full year results for the year ended 30 September 2022”, so what of a now 1.25p share price?
- By Steve Moore |
- 16 March 2023, 14:15 |
And another thing about Supply’s new NED….
I showed earlier what a total lightweight Alexandra Galligan was. I find it hard to be too beastly about the new NED at the fraud Supply@ME Capital (SYME) as on Saturday we will both be cheering on the same team in the rugby. However, back to the charity where she is a trustee. The one that is 1135 days late in fling accounts. A co-conspirator has flagged up something else. This is not exactly Cancer Research…- By Tom Winnifrith |
- 16 March 2023, 13:53 |
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BREAKING: One rule for Gavin Burnell of the Globo fraud infamy, another for the plebs in the Elephant oil IPO like Andrew Bell
Mr Andrew Bell of Red Rock Resources (RRR) – Eton and Oxford – may be unused to being called a pleb, certainly by a ghastly little oik like Gavin Burnell of the Globo (GBO) fraud infamy. But it seems that in the float of Elephant Oil in the USA, there are two classes of investor and Red Rock is very much the lower class while the frightful Burnell is king of the castle.- By Tom Winnifrith |
- 16 March 2023, 12:58 |
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Supply@ME capital morons obsess about Shareprophets tax avoiding ( er we don't!)
Just for a hoot I visited the Supply@ME Capital (SYME) thread on ADVFN (AFN). You should try it, it really is a laugh, rarely have I encountered such moronic fantasists. There is almost no discussion of fundamental analysis of Supply yet still plenty of dreamers wondering what colour Ferrari they will buy when it all comes good. That the shares are down by almost 50% over the past year and by almost 90% since peak ramp is, according to many posters, down to one thing:- By Tom Winnifrith |
- 16 March 2023, 11:44 |
Gym Group – 2022 results, how “compelling and attractive” is the offering proving?
Previously writing on Gym Group (GYM), in November with the shares falling from 123.6p I questioned it stating its “offer will be even more compelling and attractive” and concluded to continue to avoid. So what of the shares currently falling below 100p on the back of a full-year results announcement?
- By Steve Moore |
- 16 March 2023, 11:38 |
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Letter to Aquis Regulation re Andrew Monk and VSA Capital – misleading trading statement?
Not only does Andrew Monk and VSA Capital list shitcos on the Aquis Lobster Pot but VSA itself is listed on Aquis too. It listed at 21p on 9 September 2021. Its shares are 49% down so far this year and can now be sold for just 10p. But has the Monkey legged over investors with a misleading trading statement. I think the graduate of Oriel College Oxford (has he told us about his posh education yet today?) has and have written to Aquis Regulation suggesting it force VSA to clarify.- By Tom Winnifrith |
- 16 March 2023, 10:38 |
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Supply@ME Capital NED jumps after 9 months, replacement is a joke
It is yet another red flag at the fraud Supply@ME Capital. NED Andrew Thomas says he wants to pursue other business opportunities one hopes non criminal ones, and is jumping ship after just nine months. Supply bigs up his replacement Alexandra Galligan but if you life up the skirts of her CV…- By Tom Winnifrith |
- 16 March 2023, 09:52 |
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The comedy continues at Deliveroo
Whilst I continue to very occasionally use Deliveroo (ROO) to deliver an alternative family meal, my guess is that the two or three times a year level will slow a bit further in 2023. And I reckon we are not the only people doing this. As for the company’s shares, I have long been very cautious of this name with its comedy 2021 IPO and, after nearly reaching a 400p share price in August that year, they have been correctly lurking below a 100p share price level for the last six months.- By Chris Bailey |
- 16 March 2023, 09:18 |
Ariana – Gold News From Kiziltepe And Elsewhere
AIM-listed Gold producer in Turkey Ariana Resources (AAU) has been splashing out on the news front of late. The latest tit-bits came yesterday, Gold production targets for this year and, yesterday, news of the award of exploration licenses at Ariana’s Project Leopard in Turkey.- By Nigel Somerville |
- 16 March 2023, 08:02 |
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Tom Winnifrith Bearcast: forward selling at Versarien & Verditek, lying by Reabold and the countdown to insolvency at Supply@ME Capital
I start pondering retirement, then look at Credit Suisse and Gary vs Chris on buying shares right now. Then it is onto Versarien (VRS), Verditek (VDTK),lying by Reabold (RBD) on its takeover bid, Cineworld (CINE), Ben's Creek (BEN) and that scumbag Adam Wilson and the fraud Supply@ME Capital (SYME)- By Tom Winnifrith |
- 15 March 2023, 16:14 |
Marshalls – 2022 results, how confident to be of ‘in line with expectations’ ahead?
Previously writing on landscape, building and roofing products manufacturer and supplier Marshalls (MSLH), in January with the shares around 325p I concluded that outlook uncertainty saw me continue to avoid. The shares most recently closed at just below 300p and are currently slightly further lower on the back of calendar year 2022 results.
- By Steve Moore |
- 15 March 2023, 16:10 |
A few thoughts on retirement
Retirement is in the news after today's budget. With a hat tip to Luke Johnson, this twitter thread should provoke a few thoughts.- By Tom Winnifrith |
- 15 March 2023, 14:46 |
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The Versarien placing at 3p – another black hole needing plugging? The Brian Berney law suit?
Why do such a fund raise now folks ask? Because it can is the reason, thanks to thuggish share plugging involving bent journalism and forward selling, Versarien (VRS) has an extra £275,000 net cash. Versarien says it is going to be spent on growth opportunities and working capital but that is obviously a lie. Some may go on funding ongoing losses. It could go on giving Neill Ricketts a £197,000 payoff. Or….- By Tom Winnifrith, the Sheriff of AIM |
- 15 March 2023, 13:51 |
Cordel – how “major” is new USA contract award?
Previously writing on transport data technology group Cordel (CRDL), in August with the shares up to 6.5p I noted I retained concerns. The shares most recently closed again at 6.5p, but what of them currently up to 8p on the back of a “New USA Major Contract Announcement”?
- By Steve Moore |
- 15 March 2023, 13:39 |
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Prudential is (still) not dull or boring
I reckon the average institutional investment board is in a bit of panic mode at the moment. Most were not silly enough to put their money into California’s specialist banks, but what they are not used to is a bit of normal volatility. The majority of institutional investors can handle geopolitical crises or an iffy corporate earnings season or even a standard recession, but when you get stuff happening in multiple different directions simultaneously too many react by doing nothing (other than moaning that this is really different from the 2010s). Spot the underlying reality – the aberration was the 2010s!- By Chris Bailey |
- 15 March 2023, 11:46 |
Dialight – to “now rigorously pursue its claims to trial”, good news?
LED lighting for industrial applications company Dialight (DIA) has issued a litigation update announcement including that “following the court's examination of the evidence supporting Dialight's fraudulent inducement claim against Sanmina, and of other related matters, Dialight will now rigorously pursue its claims to trial. If Dialight's claims are successful at trial, the range of outcomes could include the payment by Sanmina to Dialight of between $0 and c. $220m (excluding legal costs and judicial interest)”. So what of a current few percent higher share price today to 205p?- By Steve Moore |
- 15 March 2023, 11:34 |
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Versarien raises a paltry £318,000 at 3p – why the rush?
You want to know why Berenberg quit as joint broker yesterday as Versarien (VRS) also fessed up that Neill Ricketts was still a director earning £16,500 a month despite “resigning as CEO” a week ago? It will be when it discovered that, enabled by the bent journalism of Ian Cowie at the Sunday Times pumping the shares, SP Angel was doing a smash and grab deeply discounted placing to raise a paltry £318,000.- By Tom Winnifrith, the Sheriff of AIM |
- 15 March 2023, 08:16 |
World Class Supplier to the Rag Trade Could Sew Up a Higher Share Price
Hello Share Mashers. I guess a few readers won’t know what Coats Group (COA) does. Well, for a start it goes back 250 years. Put simply, it makes threads, zips, textiles and other stuff for the rag trade.- By Malcolm Stacey |
- 15 March 2023, 08:15 |
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Breaking EXCLUSIVE - Reabold has received, but not disclosed, a bid approach
Since fighting off a sack the board GM in November, Reabold Resources (RBD) has seen its share price slump from 0.28p to just 0.19p. But there is good news.- By Tom Winnifrith |
- 14 March 2023, 16:51 |