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There will be another treat later today for this Versarien shareholder on the ADVFN Asylum: meet impoverished moron squire0076.
Old squire0076 has been long and strong all the way down from almost two quid to today’s 5.15p. The bad news for him and other bulls in the last redoubt at Versarien (VRS) is that I have yet another expose coming later today, the start of a new series. But squire does not care, this is his analysis of the situation yesterday:- By Tom Winnifrith, the Sheriff of AIM |
- 7 March 2023, 11:47 |
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A few thoughts on Wood Group and then onto Greggs (and its vegan offerings)
What is going to happen next at Wood Group (WG.)? I read this morning that bidder “Apollo submitted a fourth proposal for a cash offer...at 237p per share”. And what has the company’s board concluded?; “this Latest Proposal continues to undervalue the Group and is therefore minded to reject”, but it will “continue to engage...on a limited basis, with Apollo". All heating up there! My thought (hope) has always been for a return to a 250p share price and I keep on holding akin to my comments a couple of weeks ago here. It's all interesting stuff, but let’s also talk about today’s numbers from Greggs (GRG).
- By Chris Bailey |
- 7 March 2023, 09:15 |
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Cineworld and the last rites, no need to close shorts yet
This column has been calling Cineworld (CINE) as a short for absolute ages. It hardly seems credible but three years ago the shares were 170p. Today they are 2.9p and so anybody who has gone short as we advised all along has done well. You know where to send the “thank you” bottles of ouzo.- By Tom Winnifrith |
- 6 March 2023, 15:35 |
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Tom Winnifrith Bearcast: what to think about 3 gold miners? Has the curse of Chris Cleverly struck again?
Today I look at Conroy Gold & Natural Resources (CGNR), Ariana (AAU) and Bluebird Merchant Ventures (BMV). Then at Pantheon Resources (PANR) and at ADVFN (AFN). Finally Evil Banksta has sent me this Bulletin Board post below on Technology Minerals (TMI). I have always been bearish on this stock as any company in any way linked to Chris Cleverly is always a dog with fleas. The post below looks to be kosher, thought it may not be, so, I suspect, does not alter the bear case and my target remains 0p.- By Tom Winnifrith |
- 6 March 2023, 15:33 |
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Strip Tinning – having recently admitted trading “result will not be what the board had originally set out to achieve”… nominal cost options grants (natch!)
Describing itself as “a leading supplier of specialist connection systems to the automotive sector”, Strip Tinning (STG) has announced the granting of options over 960,908 shares to certain directors and employees discharging managerial responsibilities. With the shares most recently closing at 55p, what’s the detail?- By Steve Moore |
- 6 March 2023, 15:08 |
Video: The Everything Bubble Collapse – 25x More Capital Into Gold
Broadcaster Michael Maloney details how modern banks simply imagine money into existence with loans. This is NOT real money.- By Tom Winnifrith |
- 6 March 2023, 13:19 |
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A question for Genflow Biosciences – who owns your shares?
Just over a year ago Genflow Biosciences (GENF) raised a gross £3.7 million at 8p and joined the Standard List. Much of that cash will by now have gone up in smoke but, with the shares now just 1.95p, the big question is “who exactly owns the stock?”- By Tom Winnifrith |
- 6 March 2023, 11:45 |
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Fusion Antibodies – ‘significantly behind expectations’… countdown to insolvency accelerates
Previously writing on antibody contract research organisation Fusion Antibodies (FAB), last month I noted the shares rising from 45p on an “R&D update”, but wrote attempted ramptastic?, how “sufficient” is the cash now?. Today a “trading statement” and the shares currently more than 30% lower towards 30p.
- By Steve Moore |
- 6 March 2023, 11:25 |
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UPDATED: Versarien: another spoof RNS Reach, can you smell the desperation yet?
The funder of the lifestyle of disgraced, porcine CEO, Neill Ricketts, that is to say Versarien (VRS), will run out of cash and still have debts of almost £8 million by April or May. It has been knocked back on its big grant application to Innovate UK – as revealed here – and so must get a placing away PDQ otherwise the Fat Lady and the Fat Man will be singing a late Spring duet. Can you smell the desperation? For the second time in five days, we have an RNS Reach.- By Tom Winnifrith, the Sheriff of AIM |
- 6 March 2023, 11:01 |
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Ouzo for Pete Brailey and the bears, another Pantheon disaster as its cash rapidly runs out!
The big bear call from Pete Brailey at ShareStock 2022 last September was Pantheon Resources (PANR) at 122p and its shares are now 31p after another disastrous operational update. To have presented such data if you were drowning in cash would be alright, but Pantheon is not, it is rapidly running out of other folks moolah.- By Tom Winnifrith |
- 6 March 2023, 10:11 |
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The View From The Montana Log-Cabin As Gold Bounces
Gold closed the week at $1857 – a good bounce from last week’s low point of $1811 and back through the old minor support at around $1835. Good news – but will it last?- By Nigel Somerville |
- 6 March 2023, 08:15 |
No Heartbreak at this Hotel Group with a Share Price that Seems Undervalued
Hello Share Carriers. This old punter can never understand why there’s such a healthy demand for hotel rooms. Why are people staying away from home so much, especially in non-holiday venues? But the fact remains that there are always zillions of people wanting temporary accommodation. Which leads me to suggest that now Covid is behind us, you might take a look at this company.- By Malcolm Stacey |
- 6 March 2023, 08:14 |
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Tom Winnifrith Bearcast: Ariana Resources sins on Friday, buy sell or hold?
Putting out an RNS at 3.59 PM on Friday is not something I like. But should buy, sell or hold shares in Ariana (AAU) with the stock down to 2.8p.- By Tom Winnifrith |
- 5 March 2023, 18:15 |
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Ariana Resources – Bad News From Tavsan, But Still A Buy
AIM-listed Gold producer in Turkey, Ariana Resources (AAU) made an announcement intra-day on Friday – highly unusual for it. Intra-day announcements are not usually good news, and Ariana conformed to this: the RNS was to tell us that construction of Ariana’s second Gold mine at Tavsan has been suspended.- By Nigel Somerville |
- 5 March 2023, 18:00 |
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Longboat Energy - highly speculative buy
So far Longboat Energy (LBE) has proven to be a good example that the past successes of management in the oil and gas industry isn’t necessarily indicative that they will achieve the same again when they set up a new venture.- By Gary Newman |
- 5 March 2023, 12:45 |
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Despite deals with schools, cleaner buses Morocco growth angles and the return of dividends, I am happy to continue ignoring shares in National Express Group
The last time I wrote about National Express Group (NEX) was just over four months ago, when I concluded it was a “continued Avoid for me”. Given that the company’s shares were about 155p then and ended Friday’s trading - even after a couple of days for the stock - at just shy of 143p, my call felt correct. Is it time to change my view now, given I read a couple of weeks ago that Malcolm thinks “The Wheels on this Bus Go Round and Round and Up and Up could Go the Share Price”- By Chris Bailey of Financial Orbit |
- 5 March 2023, 11:20 |
Visual Aid: The Global Share of US Stock Markets vs The Other
For this week’s visual aid, we're looking at the size of the US stock markets compared to the other major countries. Size isn't everything, right lads?
- By Darren Atwater |
- 5 March 2023, 10:46 |
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Photo Article - The reason no articles yesterday, my first training walk for Rogue Bloggers for Woodlarks, schoolboy errors
I had hoped that Darren would have added all the photos I sent him from the top of Moel Famau, a large hill the other side of Mold. But, he is not a Good German and I shall sack him later. Instead you can see me below with my chunky two year old daughter Jaya on my back and try to imagine views, stretching miles and miles, out into the Irish sea.- By Tom Winnifrith |
- 5 March 2023, 10:38 |
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Sunday Long Reads: Siege of the Amarula, Shipwreck Tale, Shortselling, German Fraud, MAGA Twitter
Here are three long reads that have nothing to do with shares, and two that do. Put the kettle on, find a comfy chair. You have the time, don't you?
- By Darren Atwater |
- 5 March 2023, 10:02 |
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The ShareProphets Sunday Pub Quiz #178
It's time for the ShareProphets Sunday Pub Quiz.. There are no prizes! And remember, no Googling! And since I screwed the question about The Professionals last week (Lewis Collins DID play Bodie), everyone should add an extra point to their score.
- By Darren Atwater |
- 5 March 2023, 09:48 |