I spent the morning at an ante natal class with the Mrs. Hell's teeth I am a feminist don't you know? But the whole experience left me feeling just rather old and I discuss why. Then it is onto today's ramptastic news from Horse Hill and I explain what it actually means. I waltz through Gulf Keystone (GKP) - bear squeeze - Stanley Gibbons (SGI) - recovery play? - and Guscio (GUSC) - Nigel Wray play. Then it is onto Tern (TERN), Gable (GAH), IGAS (IGAS) and Golden Saint (GSR) where I discuss why today's RNS really is just bollocks and how bulk sampling really works.
After yesterday's farce of John Gunn's Octagonal (OCT) being forced to respond to an article by myself (HERE), it seems that Mr Gunn has been a busy boy.
Last commenting on the company with the exclusive right to Domino's Pizza stores in Poland, DP Poland (DPP), I was sceptical of the valuation (and management greed). However, a “Trading Statement” announcement today sees the shares further higher. Hmmm…
IG Group (IGG) is a company I’ve long admired and whose shares I’ve occasionally purchased on behalf of those I’ve worked for. It’s a truly unique business and has ploughed its own way through financial market volatility, achieving record results. The only question remains why so many of us who occasionally use this type of service, and so understand how the business works, aren’t invested in it too.
Rob Terry darling, AIM-listed Imaginatik (IMTK) has seen its shares slide by 32% (last seen) this morning, yet there has been no news issued by the company since 28 June when it was announced that Rob Terry’s Quob Park Estate had seen its holding reduced to almost 5%. Surely a statement is needed to explain the share price movement.
Following my recent chat with its CEO Gavin Lavelle, provider of energy, commodity and recycling software, Brady (BRY) “is pleased to provide a trading update for the half year to 30 June 2016”. Let’s take a look…
AIM-listed jam-tomorrow investment company Tern plc (TERN) has announced yet another fundraising this morning – this time at just 8p per share, raising £0.525 million. That won’t have gone down too well with those who ponied up at 12p back in February when the company raked in £1.1 million, or those who contributed to the £0.72 million placing at 12p last August.
In a detailed update there is good news and bad from Stanley Gibbons (SGI). Let's start with the good news as it has been rare in coming from this company of late.
Being one of the few writers on ShareProphets yet to comment on the stock du jour of rampers everywhere (see HERE for the full coverage), I thought I’d take a visit down memory lane and see what lessons one can learn from CloudTag’s (CTAG) history. Guess what, it’s been promising jam tomorrow from the beginning.
The CEO of provider of software for digital TV Mirada (MIRA), José Luis Vázquez, is “pleased to present the group's financial results for the year ended 31 March 2016”. The shares are though more than 9.5% lower, at 4.75p, in response. Hmmm…
Shares in AIM-listed Transense Technologies (TRT) are up heavily on the back of a positive-looking trading statement and news of a licence agreement with NYSE giant General Electric (GE). But is the news all it is cracked up to be?
Hello Share Scrunchers. It always encourages me when my colleague Steve Moore, a modest sort of chap who is very tuned in to our golden game, has the same thoughts as me. Even more so, as we don’t always agree. But when he says that the takeover of ARM Holdings (ARM) is good news not just for ARM holders, but the share investment world as applied to the whole of the UK, then I totally concur.
Earlier today I flagged up that John Gunn run POS enterprise Octagonal (OCT) had, in April, promised results in June but had not only not published its numbers (never a good sign) but had also parted company with its auditor last month but not told anyone about it. In direct response to MY ARTICLE HERE, Octagonal fished its corpulent and useless Nomad Roland "Fatty" Cornish out of his four course luncheon to issue a statement. It is another comedy classic from Fatty. Boy he does know how to tell em.
Shares in Conviviality (CVR) are up by over 10% to nearly 200p today, although they are still somewhat lower than when I covered the company in May. The final results published this morning suggest that investors should continue to be very cautious about making an investment here
Another week and at least two more soft interviews for Mark Gustafson, CEO, of Challenger Acquisitions (CHAL) this time at ProactiveInvestors (again) and yet another “mauling” from Zak Mir on TipTV. Desperation at all-time highs but surprisingly no-one asked the critical question: have you managed to pay the €1.25 million you owe the ex-Starneth shareholders?
On a 15th June AGM statement from provider of professional business services and stock & inventory systems and services, Christie Group (CTG) I concluded that “there looks significantly elevated risk here. As such, at this juncture this looks one to avoid. Sell.” Hopefully this was heeded as a “Trading Statement” announcement today includes that “operating profit for the year ending 31 December 2016 is likely to be lower than previously expected”...
In its results to June 2015, which were finally published almost six months late and were heavily qualified by the auditor which not only raised a material uncertainty in the Going Concern statement but also issued a disclaimer of opinion on a number of matters in the accounts, we were told that the board of the Filthy Forty's LED International (LED) anticipated the (now more than three and a half months late) interims to Dec 2015 would be announced during the first half of July...
In between serving up more prize horseshit with its latest release Highlands Natural Resources (HNR) has claimed for itself almost psychic powers as it attempts to explain away previous lies.
In 1987 Acorn Computer Group’s ARM processor emerged as a first ‘Reduced Instruction Set Computing’ processor for low-cost PCs and in 1990 Advanced RISC Machines (ARM) was spun out to focus on the creation of a new microprocessor standard. Today ARM is pleased to announce a recommended £24.3 billion takeover by Tokyo-headquartered SoftBank Group & so it should be…
Tomorrow my father faces his interview at the Conservative Club and I have been coaching him on what he can say as a deluded lefty to get access to the cheep beer. Elsewhere I discuss how share prices can defy gravity temporarily and why with reference to Gable Holdings (GAH) and Gulf Keystone (GKP). Then I move onto Nyota (NYO), Avanti Communications (AVN), Strat Aero (AERO) and then, in some detail, the dog run by liars that is African Potash (AFPO)
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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