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Are you coming to Sharestock on September 7?
Sharestock is looming. The date is September 7. The lawn is getting into shape. A team of helpers led by my two eldest daughters are lined up as are the speakers. All we need now is you! For what, I increasingly think, will be my last ever show.- By Tom Winnifrith |
- 24 July 2024, 17:15 |
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Creightons – now a recovery Buy?
‘Personal care, beauty and fragrance products’ company Creightons (CRL) has recently announced results for its year ended 31st March 2024 showing a swing to a loss of £3.5 million on revenue 9% lower than in the prior year to £53.2 million. However, we suggest that the results detail suggests strong share price recovery potential from 25p.- By HotStockRockets |
- 24 July 2024, 17:15 |
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Churchill China – “pleased to provide an update on trading in the six months ended 30 June 2024”, but how ‘pleasing’ is it for investors?
Hospitality ceramic products company Churchill China (CHH) states that it “is pleased to provide an update on trading in the six months ended 30 June 2024 ahead of the expected announcement of the company's interim results on Thursday 5 September”. So what of the update detail with the shares currently having responded slightly further lower to 1160p, having commenced 2024 at above 1400p?- By Steve Moore |
- 24 July 2024, 17:06 |
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Goldstone Resources – a shares to double speculative Buy?
Writers here have been critical of this company. It managed to get itself struck off but did not notice for months and, for various reasons, the shares have been suspended more than once. However, shares in Goldstone Resources (GRL) have sparked on a recent update on the Homase Mine, but with a market cap is still below £11 million there looks gold production cashflow potential to suggest that is still possibly very good value.- By HotStockRockets |
- 24 July 2024, 17:05 |
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Aptamer – fundraise “for working capital purposes”. Er, why “pleased to announce” such a massive discount then?…
Previously on life sciences affinity binders developer Aptamer Group (APTA), last month with the shares up to 0.75p I suggested a continuing attempted ramptastic ahead of attempted bailout fundraising despite its half-year ended 31st December 2023 results having included the group’s forecast including “the cash runway extends well into the next financial year”. Now, 24 days into that “next financial year”… “Fundraise to Raise £2.83 million”…
- By Steve Moore |
- 24 July 2024, 15:45 |
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Upland Resources it is becoming a rout and there is nothing management can do
We long term bears of Upland Resources (UPL), long derided by those who knew better, may be forgiven an extra glass of ouzo and a smug smile tonight for the share price action is becoming a rout. Monday’s shock expose that Upland appeared to be playing fast and loose with the truth with regard to its sole asset target has destroyed the dreams of its shareholders and what little credibility its management had.- By Tom Winnifrith |
- 24 July 2024, 15:43 |
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Tom Winnifrith Bearcast: Putting Carol Vorderman straight on numbers
I start with lies, damned lies and statistics and a maths lesson for Carol. Then it is Vast Resources (VAST), Versarien (VRS) and Tortilla Mexican (MEX) and now to bed.- By Tom Winnifrith |
- 24 July 2024, 14:30 |
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Learning Technologies Group – having been an AIM Awards 2023 'Diversity Champion’ nominee, “trading update” disappointment (natch)…
Describing itself as “a leading provider of services and technologies for learning and talent management”, Learning Technologies Group (LTG) has issued a “Half year trading and US regulatory update”-titled announcement including that it “continues to deliver margin progression, driven primarily by GP Strategies' commercial transformation, with group adjusted EBIT for the first half expected to be not less than £43 million (H1 2023: £41.1 million on a like for like basis)”. So what of a current around 70p share price, more than 13% down?- By Steve Moore |
- 24 July 2024, 12:59 |
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Brand Architekts – full-year trading update, still a balance sheet-supported recovery Buy
Beauty products group Brand Architekts (BAR) has issued a trading update including that its full year to end-June sales are expected to be circa £17 million down from a prior year £20.1 million, but that is in line with expectations as it continues to implement a brand rationalisation strategy and that it “retains a healthy net cash position of c. £7m at the year-end”. What about this from a current 29p share price, £8.1 million market cap?- By HotStockRockets |
- 24 July 2024, 12:58 |
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Nexteq – significantly below expectations warning and Chair, CEO & CFO to “step down… in the coming months”!
Earlier this year on industrial technology company Nexteq (NXQ), from HotStockRockets it was 2023 “materially improved profitability and cash generation”, but take profits on another winning share tip. That was with the shares above 150p and it noted it stating “softer customer demand seen in 2023 has, as expected, persisted in the first months of 2024” and that “the board remains confident in the medium-term organic growth prospects”, which tends to mean not confident on such short term prospects. The shares most recently closed at 122.5p and what of today announcements including “trading update” and “board transition”?
- By Steve Moore |
- 24 July 2024, 10:59 |
The 10 most listened-to Bearcasts in the first six months of 2024
Our top ten in the first half....- By Darren Atwater |
- 24 July 2024, 08:02 |
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Cordel – argues a “pleased to provide” update, but why the broker change now?
Transport analytics technology group Cordel (CRDL) commences a latest announcement with that it “is pleased to provide an update on full-year trading for the year ended 30 June 2024 and the progress made by the company in the year”. The shares have currently nudged up to 4.65p in response, but what of they still below the above 5p at which they commenced 2024?- By Steve Moore |
- 23 July 2024, 15:55 |
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Kefi Gold & Copper – AGM Statement, share price catalysts in the next few “pivotal” months. Strong Buy
Kefi Gold & Copper (KEFI) has issued a progress update in conjunction with its AGM in Ethiopia as there are also meetings with its financing and government partners for the Tulu Kapi gold project in the country. This “AGM Statement” provides further confidence from a 0.675p share price, not far above £40 million market capitalisation.- By HotStockRockets |
- 23 July 2024, 15:54 |
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Headlam – emphasises “trading in line with revised expectations”, but how creditable is that?…
Describing itself as “the UK's leading floor coverings distributor”, Headlam Group (HEAD) has issued what it emphasises is a “scheduled update in respect of trading in the six months to the end of June 2024, ahead of announcing half year results on 17th September”. Is the emphasising of “scheduled” trying to reassure on the trading update from a 142.5p share price?- By Steve Moore |
- 23 July 2024, 14:09 |
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Tom Winnifrith Bearcast: owning shed loads of the two biggest risers today, well I never
So much to do, so little time ahead of a 2 AM departure to Greece. Not least ice cream making for Sharestock. In today's podcast I look at Optibiotix (OPTI) and nailing fake rumours Skinbiotherapeutics (SBTX), IQE (IQE), the fraud Supply@ME Capital (SYME),Zephyr Energy (ZPHE),Eden Research (EDEN) and Sharesoc and also at Ocean Harvest Technology (OHT). You can book your Sharestock tickets to be part of 80 (and growing) folks on the lawn HERE.- By Tom Winnifrith |
- 23 July 2024, 13:52 |
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Ocean Harvest Technology – “now expects to report materially lower revenue in 2024 than previously forecast”…having only listed on AIM last year!
Stating that it is “a global leader in the development and commercialisation of value adding proprietary products from blending multiple species of seaweed… sold into the $40bn animal feed additive sector”, Ocean Harvest Technology Group (OHT) has issued a “trading update” including emphasising “significant progress in sales and marketing”. So what of a current 7.75p share price, more than 30% down?- By Steve Moore |
- 23 July 2024, 12:04 |
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Roy Pitchford of Mining, Minerals and Metals put on notice that 29 July GM is being asked to approve a dodgy dossier
I have just dropped an email to Roy Pitchford, the boss of Mining, Minerals and Metals (MMM) warning him that a GM on 29th July to approve the RTO of Georgina Energy just cannot go ahead. I demonstrated yesterday that the prospectus and financial information supplied to Roy’s long suffering investors is quite simply wrong on numerous grounds and in a material way.- By Tom Winnifrith |
- 23 July 2024, 11:56 |
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In the land where a third of the population are descended from convicts they know how to deal with chatroom pump & dumpers
In the UK there are constant calls for new laws to deal with stockmarket criminals, more money for the grossly overpaid woke morons at the FCA to deal with white collar crime. All that is needed is to use existing laws to deal with crime, prosecute a few folks pour encourager les autres and the problems might start to go away. In Australia, the Land of Lenigas and McIllree, they know what to do. The Sydney Morning Herald reports today “Four face jail time over ‘pump and dump’ scam on messaging app.” Does this ring any UK bells?- By Tom Winnifrith, the Sheriff of AIM |
- 23 July 2024, 11:34 |
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What is Upland Resources worth? Nowhere near 1.8p! (try 0.3p)
Yesterday’s shock expose HERE suggested that Upland Resources (UPL) has been grossly overegging the pudding when it comes to its purported exposure to block SK334. Nothing is going to happen there for at least a year and it is far from certain whether Upland will be involved at all. So what are the shares worth?- By Tom Winnifrith |
- 23 July 2024, 10:19 |
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Stuart Ashman acts like a dumb prick again as death spiral closed
This is good news from Skinbiotherapeutics (SBTX): there will be no more death spiral selling as the last £480,000 of the facility arrange by fraud enabler Charles Ofori has been converted into shares placed with one existing and several new investors. But…- By Tom Winnifrith, the Sheriff of AIM |
- 23 July 2024, 09:26 |