The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares
Published 17 December 2014, 08:00
Shares in large area roofs and façades engineering group Hightex (HTIG) currently trade approaching 250% higher today on the back on an announcement that an application to the German courts from its principal operating subsidiary for a procedure similar to ‘Chapter 11’ in the US, with the objective of “the reorganisation and continuation of the subsidiary”, has been approved. This follows the business having “not been able to conclude a final solution for the consequences of the fraud committed by the management of the Brazilian JV company”. What on the chances of a sustainable recovery do the financial position and longer-term track record suggest? (clue: it looks to be in a similar ballpark to that stated on this website for Outsourcery plc) …
Published 1 April 2016, 02:36
Piers Linney is no April Fool. The Dragon's Den self promoter and serial business failure (see HERE) is just a fool. And that brings us to his biggest disaster to date, Outsourcery (OUT), shares in which are slipping again and now trade at just 9p (May 2013 AIM IPO at 110p) valuing the business at only £4.4 million. Worse is to come.
Published 27 June 2013, 11:17
In the wake of the acquisition announced this morning by Enables IT (EIT), the AIM listed software group, its house broker Sanlam has initiated its coverage in a detailed 18 page note rating the stock as a buy at 42.5p with a 65p target price.
Published 29 July 2014, 12:15
This is a truly brilliant spreadsheet from Paul Scott, the person I rate as the UK’s top share blogger and an all-round nice guy to boot. In saying all round this is not a reference to his figure although…. Paul does not write for this site and is fiercely independent in his views but he has graciously allowed me to publish this anyway. And so especially for followers of Quindell (QPP), Globo (GBO), Outsourcery (OUT) and a good few others…
Published 30 July 2014, 18:14
Well it is payday. That is one reason to celebrate of course. But there are a few other things bubbling away in the world of shares.
Published 2 August 2014, 09:23
Malcolm Stacey is a great man and one of the nicest guys in shares. But his bullishness about equity markets is wrong. And here is your 10 point checklist as to why it is right to be bearish.
Published 6 November 2015, 00:40
Featuring shares in Egdon Resources (EDR), Eurasia Mining (EUA), Landore Resources (LND), Kromek (KMK), Mariana Resources (MARL), Outsourcery (OUT) , together with some share price targets.
Published 9 July 2023, 09:01
The most read non-Quiz, non-Tom article last week is by Evil Banksta, BREAKING: Another FCA Fail - why isn't Cineworld suspended for not publishing its accounts, at No 5 or No 10 including Bearcasts.
Published 27 April 2016, 08:26
Hello to the chairman of the LSE and all other readers of this website and welcome to the daily podcast. In detail I look at Outsourcery (OUT) the crock of Turkish run by serial business failure Piers Linney and Blur (BLUR) the piece of Turkish run by uber-poltroon Phil Letts. Which is more worthless? Discuss. Having behaved myself with no bad language at the London Stock Exchange (LSE) AGM I am aware that my standards rather slipped in this podcast. You have been warned. I also cover MX Oil (MXO), Cambian (CMBN), Hunter Resources (HUN) and the uber Turkish Rose Petrooleum (ROSE) whose RNS today screams SELL - PLACING AHOY!
Published 2 June 2024, 03:45
Here are the most read articles and the most listened-to Bearcasts over the past seven days. The most read non-Tom article last week is by Nigel Somerville, with Ariana – Good News From Turkey at No 8 or No 16 including Bearcasts.
Published 30 March 2015, 06:56
I commend to you Steve Moore's excellent article on Outsourcery, the Piers Linney POS, HERE. I add a few thoughts on this Rum & Coke company. I also comment again on Rosslyn Data witha few new thoughts on slow death/quick death for the share price of Coms and on the woeful position of Sovereign Mines of Africa. There is more bad news, I am sorry to say, for my old friend Jim Mellon and Billing Services and I take a look at Quadrise Fuels.
Published 5 August 2014, 17:55
At the weekend we set up a poll asking which of ten candidates were the most likely to go bust. The results are not terribly surprising save for the touching faith folks have in Greece.
Published 4 July 2023, 08:20
The BBC’s fave pin up Dragon Piers Linney with his faux working-class background is according to the Daily Mail a man with the Midas touch and worth £69 million. Following the collapse into bankruptcy of his flagship Outsoucery (OUT) firm I suggested that this was bunkum HERE. But what, you say, of his newer ventures? What Indeed.Published 4 June 2016, 04:01
Who would you want running the AIM PLC board from hell? Naturally with Outsourcery (OUT) becoming his 39th business failure, or is it 38 I lose track, Dragon's Den flop Piers Linney has to be the CEO. I'd nominate that silly woman from Easyjet (EZJ) as Group Equal Opportunities Officer. The Chairman has to be the patrician twit Gibson Smith formerly at the LSE. The FD...check out the CV of Nilesh Jagatia of Inspirit (INSP) and Teather's (TEA) infamy now on the run!
Published 3 July 2023, 15:04
I question the net wealth claimed by two former Dragons in the Mail on Sunday. Linney's claim is a joke following the demise of Outsourcery (OUT) as is that of Sarah Willingham of Nightcap (NGHT) which I look at after its latest crap acquisition and lack of profits warning. Then it is onto Wandisco (WAND) and the proposed bailout at just 50p, to Eurasia (EUA) where nothing at all adds up. Then onto today's ouzo moment, the suspension of Eight Capital Partners (ECP), the insolvent fraud Supply@ME Capital (SYME) and Canadian Overseas (COPL) whose shareholders' reactions to my latest piece show themselves to be as unpleasant as they are stupid. When Canadian, already 90% down since my first big bear call, heads towards 0p as it will inevitably do I will have no sympathy at all.Published 13 June 2015, 04:45
It is world gin day but I have not started..yet. Ahead of that this is a PLC Death List podcast special. I list the 21 PLCs that are on my list to be delisted or go to 0p by December 31 2016 and explain why. Enjoy...
Published 20 November 2016, 03:57
On 13 June I started my 21 stock Death list portfolio - 21 shares heading for zero or being booted off the market - see HERE. Until now 27 stocks have entered the portfollio and I am claiming ten kills - not bad eh? Today I go over the four kills since the last update and add four new entrants to the portfolio. Do the Cloudtag morons really want to bet against me with my current kill rate? I review all 21 now current members. The stocks mentioned are: Worthington, JQW, Jiasen, Camkids, China Chaintek, Jersey Oil & Gas, Mosman Oil & Gas, Monitise, Outsourcery, Magnolia Petroleum, Arian Silver, Sareum, Avanti Communications, Daniel Stewart, Mariana Resources, Sefton Resources, Golden Saint Resources, Sovereign Mines of Africa, Afren, Wandisco, Tungsten, Blur, Auhua, Afriag, InternetQ, Servision, Igas, Cloudtag, African Potash & Slater & Gordon.
Published 23 December 2016, 13:06
Some of our critics, notably the felon Earley, reckon we go after companies as part of some convoluted con whether those companies are good or bad. Those who actually read our site will know that very few of the companies we have attacked have been anything other than disasters for investors. The one we got wrong and admitted as much was Boohoo. But boy did we make some gutsy calls in 2016 - we had a bumper year of fraud busting.
Published 29 September 2015, 09:36
It is back to old style bearcast today as I cannot get Audioboom to work. I am sure that it is all my fault. I crow about: winning the living wage debate last night and Volex (VLX). Then it is onto Panmure Gordon (PMR), WH Ireland (WHI) - please sue me for libel bitchez - and Daniel Stewart (DAN). Then I give a good kicking to tosser Dragons Den star Piers Linney and his POS company Outsourcery (OUT)
Published 4 June 2024, 11:27
There was a desperate attempt to pump shares in UK Oil & Gas (UKOG) last week with a spooftastic announcement as I noted in bearcast HERE. It was all a spoof but it worked. Lyin’ Steve Sanderson knows that those who own shares in his company, which are down by 99.9% from peak ramp, are morons and he plays to the crowd. Some morons were paying more than 0.033p for the shares last week and guess who was selling?
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Time left: 22:49:42
