The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares
Published 14 April 2017, 02:38
A month ago, Tom reported the Takeover Panel’s decision that Dave King should make a 20p offer for Rangers International Football Club (RFC) (HERE) and also commented on King’s ridiculous response (HERE). Well, King has point blank refused the request to make a bid but the Panel is not backing down without a fight.
Published 15 September 2015, 06:28
Mr Craig Whyte has been a busy boy. When not being arrested over a second set of fraud allegations concerning Rangers FC (RFC), our boy had been frantically filing away at Companies House, a series of returns showing the intimate links between himself and Doug Ware and the chaps at Worthington PLC (WRN)
Published 28 April 2014, 13:20
Having been placed into administration and a CVA proposal having been voted down, the business and assets of the previous holding company of Scottish football club Rangers were acquired and on 19th December 2012 the new holding company, Rangers International Football Club (RFC), was brought to AIM at 70p per share. With the shares currently at 22p, this first piece details the extraordinary litany of woe from the December 2012 AIM admission to this point and a second reviews the current position following an announcement on Friday of a summary of the findings of a business review which has left a union of Rangers fan groups “absolutely appalled”.
Published 2 September 2015, 02:42
A day of drama in the soap opera Rangers FC (RFC) – a nest of vipers, saw Charles Green arrested and Craig Whyte re-arrested, the latter now held in custody. This surely makes the Law Financial/ Worthington (WRN) claim utterly worthless.
Published 24 March 2015, 04:59
Over the past few weeks I have raised what I believe to be very serious concerns about fully listed Worthington (WRN). Its shares are currently suspended as the UKLA awaits a re-admission document and I do not expect them to ever trade again. Indeed they could be formally de-listed within weeks. And here’s why.
Published 17 July 2016, 05:58
The farce that is the fraud Worthington (WRN) continues apace. The chocolate teapots at the UKLA are still publishing twice daily updates claiming that Worthington is considering an RTO with NunaMinerals, a company that is not only in administration but is also to be delisted in Denmark. its aceeeeeeeeeeeeeeeeeeeeeeed! all round at UKLA where the chocolate teapots still reckon that the deal is viable.
Published 29 August 2014, 14:27
Rangers International Football Club (RFC) has announced an open offer of up to 19,864,918 new shares at 20p each to raise up to £3.97 million before expenses (an estimated £3.6 million net) to purportedly “allow the company to start implementing the strategy to re-build and re-establish Rangers as a stable, sustainable and successful business to deliver both shareholder value and footballing success”. However, further reading reveals a continued dire financial position from a company which has already delivered an extraordinary litany of woe since its December 2012 AIM admission.
Published 16 February 2015, 05:54
My series on the fraud that is Worthington (WRN) continues today with an invoice that raises all sorts of questions. By now the bully boy lawyers for Worthington who have threatened me with action should be starting to sense the scope of the material I am sitting on and there is buckets more to come. The invoice comes from 2013 and is linked to Rangers Football Club.
Published 30 December 2015, 10:11
For your consideration. Pick and choose if you like...the 28 most read stories on ShareProphets from the past year. Not wishing to be accused of sucking up to Tom Winnifrith but it almost goes without saying that the author of all 28 is er...Tom Winnifrith. All our pals are in there: Quindell, Worthington, Gate Ventures, Jon Stretton Knowles, Rangers FC, Slater & Gordon, Aiden Earley, Globo, InternetQ...the list goes on an on. It has been a cracking year for this website.
Published 7 February 2015, 02:21
I shall turn to the matter of the forthcoming Rangers FC (RFC) EGM later but the high-handed statement signed off by its adviser Mr Paul Shackleton of WH Ireland yesterday should be viewed in light of a shock revelation I serve up today about his own actions (or inactions) regarding AIM listed China fraud Naibu (NBU).
Published 28 October 2014, 08:36
Having earlier this month received a notice from Mike Ashley (the Sports Direct founder and a shareholder in the company) requiring it to call a General Meeting with resolutions for the removal of CEO Graham Wallace and fellow director Philip Nash, Rangers International Football Club plc (RFC) announced on Friday that Nash had resigned and has now announced that it has agreed a £2 million credit facility with Ashley and that Wallace has also resigned. The following updates on these further additions to the extraordinary goings on since the company’s 2012 AIM admission.
Published 31 March 2015, 05:02
Today’s results from Rangers International Football Club plc (RFC) show that a new board has significant challenges ahead and raises further questions of the previous regime…
Published 8 August 2014, 19:35
Rangers International Football Club (RFC) has announced that it “is considering a possible equity issue in which all existing shareholders would be eligible to participate. Support is being sought from institutional investors to underwrite the possible equity issue”. However, is this the whole story from a company which has delivered an extraordinary litany of woe since its December 2012 AIM admission?
Published 28 September 2015, 02:29
Featurng all your favourite players in this mad old tale: Craig Whyte, Charles Green, Aiden Earley, Paul Shackleton, WH Ireland, Dave King, Mike Ashley, Old Mother Worthington (WRN) et al. The big question is whether Rangers FC (RFC) can get a stockmarket flotation away and if so when? It is that which I try to answer in this podcast
Published 6 September 2015, 04:36
I'm constantly amused by bulletin board morons who wonder why we keep following stories. Why does ShareProphets keep writing about Quindell? They must be paid by hedge funds! and Why write about Worthington? They're suspended! ShareProphets must have invented a time machine then got back and shorted them before they were suspended and now want them to never come back so they can pay for their time machine development costs.
Published 19 February 2015, 03:22
Yesterday I demonstrated quite clearly that protestations from Worthington CEO Doug Ware that he had severed all links with Craig Whyte when Doug became CEO on June 1 2012 were ...untrue. But now I bring to your attention a quite remarkable coincidence. Oh dear Doug, a bit more explaining to do you scumbag.
Published 16 August 2015, 03:55
The launch of the ShareProphet's China Filthy Forty is the kind of thing that shows why the financial press fear ShareProphets. Clear and devastating. It sums up ShareProphets as a whole. It also demands an informed readership. Your average ThisIsMoney.co.uk reader isn't going to come across a chart of 40 Chinese companies which IPO'd on AIM, shares in which are almost all underwater, and understand the relevance. This sometimes puts ShareProphets in a bind, where we seem to be wonks speaking to swotters.
Published 19 March 2017, 03:26
ShareProphets readership increases every week - we can tell because we're a registration site and if you unsubscribe, you are kicked off the site. We don't have a dead subscription list like other, lesser, sites.
Published 9 October 2014, 08:10
Rangers International Football Club plc (RFC) has announced that it has received a notice from Mike Ashley (the Sports Direct founder and a shareholder in the company) requiring it to call a General Meeting with resolutions for the removal of CEO Graham Wallace and fellow director Philip Nash. The following updates on a further addition to the extraordinary goings on since the company’s 2012 AIM admission.
Published 10 July 2014, 11:30
Having considered in April whether the tale of woe at Rangers International Football Club (RFC) was set to continue, the company has this week announced that “Note 30 to the accounts for the 13 month period ended 30 June 2013 was incorrect to the extent that the options to which the share announcement on 1 July 2014 relate were not included”. The following updates on the latest developments of what has been an extraordinary litany of woe here.
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