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Morally bankrupt old man Alan Green & Justin the Clown blow off Neill Ricketts, taken down only by “character assassination”
This is a hoot. Old Greenie and the Clown discuss Versarien (VRS) and why it is such a hot investment. Alan Green should be cold shouldered by all for being such a deceitful scumbag and worse.- By Tom Winnifrith, the Sheriff of AIM |
- 20 March 2023, 12:28 |
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Tribal – having previously stated cash flow improvement “dependent on the timing of project milestones”, major “Contract Update”…
Shares in group describing itself as “a pioneering world-leader of education software and services” Tribal (TRB) were hit from above 55p towards 40p in December as it announced “changes to the scope and delays to implementation and delivery of the NTU contract” impact. The shares had since recovered back above 50p but now a “Singapore Contract Update and Revised Results Date” announcement.- By Steve Moore |
- 20 March 2023, 11:49 |
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Canadian Overseas secures new financing – almost certainly a death spiral but it deceives
Doesn’t the FCA have rules that cover this? If not it should but I suspect it does and if its staff can take a few minutes out from reading ESG porn they should force Canadian Overseas Petroleum (COPL) to ‘fess up to how it is, again, deceiving investors regarding today’s additional financing.- By Tom Winnifrith |
- 20 March 2023, 11:05 |
The second training walk for Woodlarks – a boring nine miles
The river Dee is still outside of its banks and I am still rather worried about the killer cows and thus, for my second Rogue Bloggers for Woodlarks training walk, I opted for the most boring of walks: my house to the service station on the Wrexham ring road and back.- By Tom Winnifrith |
- 20 March 2023, 10:18 |
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I think bank shares are now theoretically cheap, but…
I see it is another week of bank sector (and general financial market) excitement. Maybe I am just a glass half full sort of guy, but a bit of market volatility never really bothers me. Far more interesting is to work out how to react, not to panic about something theoretically you could predict and related. Anyhow, I do and I don’t care about banking stocks.- By Chris Bailey |
- 20 March 2023, 09:54 |
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Video: Bank Crises, Fed Pivots, and The Hard Landing Reality
Chris Irons is a podcaster whose language is worse than mine. His Quoth the Raven podcasts are spikey but he is usually correct. Irons says he is surprised by the lack of fear in the markets, which, he says, is questionable considering the current circumstances.- By Tom Winnifrith |
- 20 March 2023, 09:48 |
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The View From The Montana Log-Cabin As The Blue Touch Paper Is Lit and Now Credit Suisse Keels Over
Gold finished the week at $1989 – well up on last week’s $1868 and the highest point since around this time last year. It looks like a breakout, it feels like a breakout and the next few sessions will be very interesting.- By Nigel Somerville |
- 20 March 2023, 08:11 |
Office Helpmate Restore should Restore its Share Price Given Latest Upbeat Numbers
Hello Share Collectors. There are many companies that do boring stuff. And, as share shifters who like a bit of exciting action, we can be tempted to ignore them. But there’s nothing boring about a share that rises in value. And perhaps such a happy happening might reward Restore (RST).- By Malcolm Stacey |
- 20 March 2023, 08:10 |
EXPOSE: TruSpine - In Whose Interests......?
Those who have been following my pieces about Aquis lobster-potted spinal product outfit TruSpine (TSP) will know that it hasn’t met a single target ever set since listing on Aquis and its balance sheet is currently a wreck. You will also be aware of a funding package announced at the beginning of January offering funds “available immediately” hasn’t brought in a penny two and a half months later. At the end of February the company announced that an alternative lender had been found to cough up £200,000 at 12% interest – rising to 20% if the loan is not repaid by 31 July 2023. It was nowhere near enough to see the company through, as shown by its update a few days later. But was there another, much larger, offer on the table – which was or is being ignored?- By Nigel Somerville |
- 19 March 2023, 18:15 |
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Tom Winnifrith Bearcast: could the US regional banks implode & why hasn't Sharon White been sacked by John Lewis?
I start with a discussion on share buybacks, then turn to the woes of John Lewis and finally look at the US regionals with the charts below wondering whether the banking crisis could, notwithstanding UBS buying Credit Suisse, roll on.- By Tom Winnifrith |
- 19 March 2023, 15:31 |
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In spite of the bad taste left by the blatant insider trading around the Woodbois placing: BUY
It seems to be ‘dodgy placing’ season on the lower end of AIM at the moment, and they don’t come any worse than the recent Woodbois (WBI) fundraise where the law was broken at least once, and most likely multiple times!- By Gary Newman |
- 19 March 2023, 14:55 |
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Credit Swiss should have copied UBS more than a decade ago
It will not surprise you to know that whilst I have visited Switzerland many times, I do not have a Swiss bank account. As one of the world's most boring people, I have two very boring and very ordinary mainstream UK banking accounts, which both have a few weeks of living costs in them. You may have read this morning that “Switzerland's biggest bank, UBS, is in advanced talks to buy all or part of its troubled rival Credit Suisse”, which reminds me of about a trip eleven or so years ago that I made to Zurich…- By Chris Bailey of Financial Orbit |
- 19 March 2023, 12:20 |
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Sunday Long Reads: McCann’s troll, Metaverse stragglers, Silicon Valley Bank, Tar Sands, Office Tetris
Sunday is a good time to sit back, read, and forget about shares. Put the kettle on, find a comfy chair. You have the time, don't you?
- By Darren Atwater |
- 19 March 2023, 12:13 |
Visual Aid: The Richest People in the World in 2023
After witnessing record gains in wealth, ultra-high net worth individuals lost a combined $10 trillion last year. A lagging stock market dented these fortunes against high interest rates, energy shocks, and economic uncertainty. But some of the world’s billionaires have flourished in this environment, posting sky-high revenues in spite of inflationary pressures. With data from Forbes Real-Time Billionaires List, this Visual Capitalist graphic features a snapshot of the richest people in the world in 2023.- By Darren Atwater |
- 19 March 2023, 12:13 |
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The ShareProphets Sunday Pub Quiz #180
- By Darren Atwater |
- 19 March 2023, 11:43 |
Notes from Underground – Most read articles for the week ending 18 Mar 2023
The most-read non-Tom non-Quiz article this week is Revisiting My Slam-Dunk Sells For 2022 - What A Bunch Of Dogs! by Nigel Somerville at No 2 or No 4 including Bearcasts.
- By Darren Atwater |
- 19 March 2023, 11:42 |
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Centamin – 2022 results, growth and dividend upside potential: BUY
Centamin (CEY) has announced its results for the 2022 calendar year and that it maintains a current year gold production guidance range of 450,000-480,000 ounces and remains on track to consistently return its Sukari mine in Egypt to production levels towards 500,000 ounces per annum from 2024.- By Tom Winnifrith & Steve Moore |
- 18 March 2023, 14:08 |
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Tom Winnifrith Bearcast: The Rozzers want to interview me
In today's Bearcast I discuss Genedrive (GDR), Wildcat Petroleum (WCAT), UK Oil & Gas (UKOG), David Lenigas and - to delight the morons - why the City of London rozzers want to interview me.- By Tom Winnifrith |
- 18 March 2023, 14:05 |
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Wildcat Petroleum interims, it gets even worse – Omission of material uncertainty over going concern
Earlier today I showed you 6 schoolboy errors in the interims from Wildcat Petroleum (WCAT) which meant that the P&L, balance sheet and cashflow statement were all wrong and must surely be restated on Monday morning. But it gets worse, much worse.- By Tom Winnifrith |
- 18 March 2023, 13:21 |
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Severfield – agreement to acquire Voortman Steel, Buy
Structural steel company Severfield (SFR) has announced an agreement to acquire Voortman Steel Construction for a net €24 million, emphasising it will provide it with further market and geographical diversification and is anticipated to be earnings-enhancing in its first full year of ownership.- By Tom Winnifrith & Steve Moore |
- 18 March 2023, 07:40 |