ShareProphets readers already know that they have the chance to buy into Coke’s long-term success through buying shares in Coca-Cola Hellenic (CCH). But there is always the choice to buy into Britain’s own answer to Coke, the humble but long-term success story that is Nichols (NICL).
I had to buy another Guardian for my Dad today. Two fecking quid of my money has gone to Polly fecking Toynbee to pay for the upkeep of her fecking Tuscan castle as she lectures me about all sorts of shite. I feel dirty for buying this rag and violated by the transfer of wealth from me to Toynbee. Moving on I cover Gulf Keystone (GKP), FairFX (FFX), Osirium Technologies (OSI) which I do not get at all and contrast with Falanx (FLX) which I do very much get and whose shares we own. I also look at WH Ireland (WHI), Servision (SEV) and Easyjet (EZJ) which gives me a chance to be rude to Andrew Monk at VSA Resources.
Long-time specialist in draining shareholder money (sorry, “specialist in financial services technology focused on accelerating the digital transformation of banks and financial institutions”), Monitise (MONI) commences the first two bullet points of a trading update with “in line with previous guidance”, though the last includes that it “expects FY 2017 revenue to be lower than FY 2016 as a result of the continuing transition for the business”. Uh oh…
AIM-listed jam-tomorrow investment company Tern plc (TERN) has released an upbeat statement regarding its recent purchase of Flexiant assets out of administration. I’m sure this has nothing to do with shoring up a flagging share price as it threatens to drop below the 8p placing price announced two days ago.
Falanx Group (FLX) says that its results for the year to 31 March 2016 were in line with expectation. Put another way, they were predictably dire with sales coming in at £1.81 million, down from £1.92 million) and the loss before taxation hitting £2.65 million, up from £2.20 million. However...
Oh dear, oh dear, oh dear., if my father had not drunk it all, it would be another ouzo moment for the Sheriff of AIM with news that Ingenie Canada is no more. We have been warning for ages that the Toronto based frauds of Rob Terry were falling apart but Watchstone Group (WTG), the rebranded Quindell has been in denial. There you go.
Hello Share Fiends. As ARM (ARM) is likely to be taken over at a juicy premium for shareholders of 42% on the pre-news price, it is only fitting that we look at another company in (very) roughly the same line of business. It is another of my limited stable of technological shares and it's called IQE (IQE).
My father would suggest that those who run insolvency firm Begbies Traynor (BEG) really are not scholars and gentlemen when it comes to their latest pronouncement on Brexit and how UK firms are struggling. I am kinder so shall leave it with an observation that, unlike my father, myself and David Cameron, the Begbies fellows probably did not study logic at Oxford.
Having warned on profit in February – as reviewed HERE, today there is an AGM update and a “Directorate Change” announcement from industrial chains and related power transmission products company Renold (RNO). Let’s take a look…
Marcus Stuttard, head of AIM! Xavier Rolet, head of the LSE. Oxymorons of AIM Regulation! Your boys took one hell of a beating, one hell of a beating!! Yes folks, it is game, set and match to the Deputy Sheriff as the immediate resignation of both the Nomad and the Chairman of ShareProphets AIM-China Filthy Forty play LED International Holdings (LED) was announced today at eighteen minutes past midday.
I noticed that Boxhill Technologies (BOX) issued a notice of its AGM on Tuesday asking for approval of a significant option scheme, but thought I’d wait to see the detail in the actual notice before commenting. Not good!
Those who have read our coverage of Fastjet (FJET) on this website know that we have no qualms about warnings investors away from worthless airlines. But I believe there are worthwhile alternatives, and Wizz Air (WIZZ) happens to be one of them. The airline today posted record Q1 results.
I had to buy a copy of the Guardian for Dad today and carry it home through the streets from the newsagent. How I am shamed in front of my neighbours. Meanwhile dad is reading books I own by Peter Hitchens, Niall Ferguson and Melanie Phillips and is loving them, as his inner reactionary is exposed. On the markets I look at Servision (SEV), Xtract Energy (XTR) - Steve Moore and Gary Newman you are FIRED! - Gulf Keystone (GKP), Taihua (FRAUD), Oxford Pharma (OXP), Judges Scientific (JDG) and another bad day for disgraced Roger "Ramper" Lawson of ShareSoc, Kennedy Ventures (KENV) and finally the poltroons stock of choice for today, Nyota (NYO).
Having warned in May that I considered shares in scientific instruments group, Judges Scientific (JDG) a bargepole at 1500p following an “AGM Statement” announcement, I now note them currently more than 12% lower today, at around 1300p, on the back of a “Trading Update” announcement. Hmmm…
In this , the 29th week of 2016, over-ramped bubble stock FastForward Innovations (FFWD) has just issued its 43rd RNS of the year. Pump, pump, pump...the dump is on its way. As a bonus the numbers in today's statement simply do not add up at all. It is pure shite but maybe the morons will buy it because another placing is on the way. Today's update concerns a Chinese Company called Yooya in which FastForward has invested.
Potentially good news coming out of Challenger Acquisitions (CHAL) this morning, although it does beg a few questions if you don’t mind me adding them to my list, Mark?
Just when the long-suffering shareholders of Xtract Resources (XTR) thought things couldn’t get any worse, they’ve been absolutely stunned by this morning’s RNS. Well, they say it’s good to get all the bad news out at once, right? Let’s take a look at it in detail.
Oh dear. One of the traits of the China Frauds is that so often the precursor to the wheels coming off the subterfuge is the resignation of the finance director. And so this morning’s announcement from ShareProphets AIM-China Filthy Forty play Haike Chemical (HAIK) that its Chief Financial Officer stepped down on Monday with immediate effect “for personal reasons” is a stand-out Red Flag. So is the tardy announcement.
Hello Share Swaggers. I've been looking at shares which suffered rather too much in the light of the Brexit vote. This kind of unlucky stock may now be a bargain, and some have already made big strides towards restoring their former glories. Today I look at one of my favourite house building companies, Galliford Try (GFRD).
AIM-listed POS Golden Saint Resources (GSR) has announced that it I to renew its three exploration licences in Sierra Leone and that it will be making arrangements to pay the fees over the course of the next two weeks. But the detail of the RNS reveals just how desperate the company was for cash at the back end of 2015, and seems to suggest also that there wasn’t exactly a queue around the block outside the Sierra Leone National Minerals Agency to compete for these obviously highly prospective plots.
Following complaints from shamed share ramper Roger Lawson, ADVFN has insisted on a raft of new editorial controls on OneFreeShareTip.com. I did not re-start my life five years ago to be told what I could or could not write. I said no and ADVFN boss Clem Chambers has just said that the website will be shut down. So...our hand is forced ... Welcome to fivefreesharetips.com - we hope you join NOW HERE.
As seen here, Telit's (TCM) distributers are a, um, diverse lot, including a distributer in Vietnam that appears to be a scooter courier firm. Which is nice, and thank you for sponsoring this week's Bulletin Board Moron search.
The failure of the LSE to insist that hapless Nomad FinnCap forces Telit (TCM) to bring in a firm like KPMG to conduct a full forensic review will hurt it even more when this company goes tits up as I noted in a letter to Stock Exchange boss Donald Brydon earlier today HERE. Two sources tell me that the FBI may have bad news for the Boston fraudster Oozi Cats and his Mrs as I explain in this podcast. But the meat of the podcast is explaining why Telit will go tits up and why that could be within six weeks. Enjoy.
You may remember that at the last AGM of the London Stock Exchange (LSE) its chairman,, Donald Brydon CBE, 'fessed up to being a ShareProphets reader and as we chatted afterwards he came over as a thoroughly decent man. But he has, yet again, been failed by his minions in their handling of the biggest AIM fraud of the year, so far, Telit (TCM). Lowly gofers such as the head of AIM Regulation, the fake Sheriff Mr Marcus Stuttad, have allowed Telit to avoid any independent scrutiny of its accounts & business practices despite clear evidence of fraud. That has to change and maybe Brydon will push for that. I have sent him a letter.
If you read the bent, freebie is our middle name, personal financie columnists in the deadwood press, fund manager Neil Woodford walks on water. I disagree and have noted before, that, maybe, after three dismal years, others are starting to see the light. But, with assistance from a leading broker, how about we have a real look at the Woodford Patient Capital Trust (WPCT) but also at the sort of dogs Neil ifalls in love with.
VSA is house broker to Obtala (OBT) so is not impartial. Neither am I as we own a small number of shares following a Dragon's Den pitch as the 2017 UK Investor Show. But the price target suggests real upside and VSA's research team is well regarded and since we happily published an uber-negative piece from Evil Banksta the other day, this offers some balance. VSA has tweaked its forecasts
You may remember that ShareProphets poster Drunken Sailor and I were co-defendants in a libel case a couple of years ago ( which we won). Mr sailor is not a drunk and he is a great sleuth when he wants to be. My pressing concerns about uber ramped Bushveld Minerals (BMN) are its balance sheet, but DS has unearthed another major issue which, for some reason, Bushveld has not covered in an RNS. Perhaps it might do so now? Drunken's post merits a wider audience:
Like Richard Poulden, CEO of PCG Entertainment (PCGE), I have a bit of time for Brian Kinane at Riverfort. As someone who believes in transparency and clear communication, my view is that Brian is trying to bring some of that to the world of small cap funding, particularly where the dreaded phrase “ death spiral” is concerned and there’s a few points here to be applauded. It still doesn’t prevent the obvious question being aimed at Mr Poulden though – WHY RAISE MORE FUNDS NOW?
Some folks think that handing out share options to senior staff is a cost free exercise and b) benefits all shareholders as it incentivizes the board and also aligns their interests with those of stockholders. Bollocks on all counts.
Following the postponement of a significant contract announced at the end of last month, SRT Marine Systems (SRT) has now announced an “AIS Aids to Navigation Contract”, including that “the order is for the world's biggest single deployment of AIS AtoN”. The world's biggest hey, sounds impressive!…
Having reached more than 75p in May, shares in information management technology and services company Idox (IDOX) declined below 60p early last month before recovering above 65p - then declining towards 60p again. The company is now “pleased to announce that it has acquired… Halarose, a supplier of electoral back office software and services to UK local authorities, for £5.0 million, comprising £3.5 million in cash and £1.5 million in shares” (at 61.5p)…
Hello Share Grafters. The congestion in most of our airports will give you the heads-up that air travel is booming. It will continue to do so, especially as more people from developing countries become middle class. But you may still be wary of big airlines.
After a stack of RNSs earlier this year, it has all gone quiet at AIM-listed Advanced Oncotherapy (AVO) since the announcement of the termination of the Bracknor death-spiral. How’s the cash position?
Drilling services company Capital Drilling (CAPD) has announced results for the first half of 2017, including that an initial uplift in activity has broadened with an improving outlook in industrial metals and capital markets activities support. Why then are the shares further lower, below 40p, having been above 60p earlier this year?...
From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2016 and thus far in 2017 (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...
Previously writing on System1 Group (SYS1), then named BrainJuicer Group, as the shares slid below 700p I concluded there still, despite self-admitted “limited revenue visibility”, a clear lack of a Benjamin Graham ‘margin of safety’ (”for absorbing the effect of miscalculations or worse than average luck” e.g. an earnings miss or negative change in stock market sentiment) and I thus continued to avoid. The shares have though recently been above 800p… until a “Trading Update” announcement today…
In the piss poor results for the six months to 30 June 2017, Telit (TCM) highlighted that it had purchased GainSpan and provided the following rather limited commentary on its contribution to the interim results:
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