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Next plc continues to show how to be a sensible retailer despite all the obvious challenges out there
Back in September 2021, I observed that it was the “same old, same old ‘not cheap but quality’ at Next plc (NXT)”. But the stock was kicking around at an eighty quid share price then, whilst a c. sixty quid share price (or below) was always a much smarter level to get involved. And hopefully some of you have done so over the last six months or so, a point reinforced by the observation today that Next plc’s full year profit before tax guidance has been raised “by £20m to £860m, up +4.5% versus last year".
- By Chris Bailey |
- 5 January 2023, 09:10 |
AIM Casino Market December statistics – market hits almost 20 year low in terms of number of listed companies
The AIM Market statistics for December 2022 have arrived. There were 12 cancellations and 2 new admissions in the month so the AIM market ended the year with 816 participants, the lowest since 2003 when AIM was adding more than 100 new companies a year.- By Tom Winnifrith, the Sheriff of AIM |
- 5 January 2023, 08:37 |
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Tom Winnifrith Bearcast: the mystery of the Midas Harland and Wolff share tip
I start with a bit about weather, snow rain and drought. Then gold vs bitcoin, Enwell (ENW), Ferrexpro (FXPO), Harland & Wolff (HAWL), Argo Blockchain (ARB), Powerhouse Energy (PHE) and Pantheon Resources (PANR) before ending with Vast Resources (VAST) where a placing at 0.1p is surely being attempted after today's incomplete news.- By Tom Winnifrith |
- 4 January 2023, 16:25 |
Gfinity – commercial agreement ‘delight’. Attempted ramptastic?
Describing itself as “a world leading esports and gaming solutions provider” Gfinity (GFIN) is “delighted” with a “commercial agreement with leading global mobile game operator, Playgendary”. With the shares currently up approaching 4% to 0.545p in response, how ‘delighted’ should it be?- By Steve Moore |
- 4 January 2023, 15:48 |
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OUTSIDE ALL PAYWALLS: Letter to AIM Regulation – were Bidstack’s pre placing interims bogus & misleading? Enquiry needed now!
Yesterday there was an admission from Bidstack (BIDS) that its soon to be former business partner Azerion had terminated the venture and had not been paying invoices for some time. This begs the question: were interims released on August 8 2022 bogus and designed purely to pump the shares ahead of the 5 October bailout placing. I have written to AIM Regulation demanding it launch an enquiry.- By Tom Winnifrith, the Sheriff of AIM |
- 4 January 2023, 15:13 |
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Just why does ADVFN put up with this Jew hating conspiracy theorist & shite investor in Bidstack and other frauds
It is a sign of just how much, to its credit, the largely Jewish board of ADVFN (AFN) really does believe in free speech that it still allows the biggest jew hating nutter out their to pollute its boards. But surely there must be a limit? The post below is from yesterday and concerns Bidstack (BIDS) where aidenabettin is long and wrong and insists that any share price weakness is down to a conspiracy between myself and unnamed Israelis.The post is below the words in bold type are brief comment from me:
- By Tom "Moshe" Winnifrithstein |
- 4 January 2023, 14:17 |
Concurrent Technologies – “post-close trading update”, how’s cash flow and component supply now?
Describing itself as “a world-leading specialist in the design and manufacture of high-end embedded computer systems and boards for critical applications”, Concurrent Technologies (CNC) “is pleased to announce… expects to report revenues circa 10% ahead of market expectations and profit before tax at least in line with market expectations”. So what of a share price currently up to 77p, though still down from above 90p last summer?- By Steve Moore |
- 4 January 2023, 13:30 |
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HeiQ – “continued to execute on its long-term growth strategy”, did that include a multi-year trading warning then?!
Previously writing on “materials and textile innovation” company HeiQ plc (HEIQ), in October with the shares at 72p I noted receivables and cash generation concerns and concluded to certainly avoid. The shares are currently slumping to well below 30p on the back of a “Trading Update and Acquisition” announcement.
- By Steve Moore |
- 4 January 2023, 11:29 |
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EXPOSE: Tintra – expect selling pressure from Tintra Acquisitions Limited during January 2023
In its business update RNS of 8 November 2021, Tintra (TNT) provided the following information about its proposed restructuring of St Daniel House Limited, the last active corporate entity in what was Boxhill Technologies before it was renamed Tintra:- By Tom Winnifrith |
- 4 January 2023, 11:16 |
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BREAKING: Ukraine gets ready to steal assets of Enwell Energy
You are not allowed to say this these days but Ukraine is an incredibly corrupt country, normally ranking 2nd in Europe after Russia for dishonesty. So let me first say Slava Ukraini and that we should carry on sending UK taxpayers cash to President Zelensky’s Swiss bank account for as long as he wants. That was a joke BYW. Back to Enwell Energy (ENW) which looks to be well and truly in the merde.- By Tom Winnifrith |
- 4 January 2023, 11:00 |
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BDO LLP & suspended shares – What is going on?
Historically, it was rare for listed companies to delay publication of their audited results. However, it is becoming more common for UK listed companies to have to delay the publication of audited accounts because their auditors have not yet completed their audit work. In the event of severe delays this can result in the suspension of their shares. I have listed below 4 companies which have had to delay the publication of their audited accounts and have had their shares suspended from trading as a result.- By Tom Winnifrith |
- 4 January 2023, 08:17 |
Rising Cost of Living Puts the Mockers on Togs but Not with this Spanish Giant
Hello Share Trundlers. Despite its techno-sounding name, Inditex sells clothes internationally. And this Spain-based giant has been doing rather well. Even in these cheeseparing times for customers. In the first three quarters of 2022, sales rose by a staggering fifth – apparently, the punters liked the autumn/winter collection.
- By Malcolm Stacey |
- 4 January 2023, 08:12 |
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Tom Winnifrith Bearcast: Is this the time that Bidstack's James Draper really does go to jail - questions about the interims
I start with some nerd like comments about river and reservoir levels in North Wales. Bear with me. This will be interesting I promise. Then Bidstack (BIDS) and what questions today's shocker begs about the pre-placing interims. Surely the Nomad ( SPARK) and AIM Regulation must investigate. Then Okyo (OKYO) where post podcast recording the company has published interims on its website. Technically it missed the deadline and the FCA - whose conversations with me I discuss - must take this further. As it happens the interims are truly appalling and red flag strewn as I discuss HERE, Then I discuss Lucian's two big oil shorts: Pantheon Resources (PANR) and Canadian Overseas (COPL). He is right on both IMHO. Finally a few words on Helium One (HE1)- By Tom Winnifrith |
- 3 January 2023, 16:21 |
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Okyo Pharma finally spills the beans – interim results shocker
As I pinged emails to and fro with the FCA about Okyo’s (OKYO) failure to publish proper results on Friday which should have led to a suspension at 7 AM but did not as the FCA is useless, Okyo has ‘fessed to the bad news.- By Tom Winnifrith |
- 3 January 2023, 16:20 |
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Invinity Energy Systems – “Project Delivery Update”, what’s the likely financial impact?
On the ‘no one watching o’clock’ day of 30th December Invinity Energy Systems (IES) issued a “Project Delivery Update” which helped the shares up 13.5% to 43p as it included that the company “now anticipate revenues in 2023 significantly ahead of its previous expectations” and that “the prospects for our battery systems have never been more positive”. However, I concluded that it was also a trading warning for its year ending 31st December 2022 and asked how bad was the cash burn in the second half of the year then?. There are now some broker “estimates revised” and the shares are currently slipping back.
- By Steve Moore |
- 3 January 2023, 16:15 |
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GENinCode – ‘license approval’, how major an advance in the company's commercial programme?
GENinCode (GENI) has announced “a major advance in the company's commercial programme” – California state licensing approval and CLIA certification of its Irvine laboratory in California, enabling the provision of its products for the risk assessment of CVD to patients across 49 states in the United States. So what’s the detail and what of a current share price response towards 21p, up 170%?!- By Steve Moore |
- 3 January 2023, 14:25 |
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Canadian Overseas – another dollop of deception and death spiral vicar?
Some things in life never change. There is the beauty, innate sophistication, angelic voice and native intelligence of Ms Cheryl Cole for starters. And then there is the ability of Arthur Millholland to enrich himself while obliterating shareholder value by issuing a blizzard of new shares while spunking other folks cash. Whilst I would like to spend the day considering Ms Cole, instead it is Millholland’s latest gravy train (for him) Canadian Overseas Petroleum (COPL) to which I must attend.- By Tom Winnifrith |
- 3 January 2023, 14:11 |
Lobster-Potted TruSpine – Late Results A Dog’s Breakfast And Possible Funding…Or Not! AVOID.
This morning Aquis lobster-potted TruSpine (TSP) finally served up the interim results to September 2022 that it should have released before the calendar year-end. They are truly dreadful – and were accompanied by a funding announcement which may or may not happen. Given the company’s record, I expect a delay, then another delay…..- By Nigel Somerville |
- 3 January 2023, 12:34 |
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Aptamer – “good visibility on its commercial pipeline going into the second half”. Really?
‘Novel Optimer binders to enable innovation in the life sciences industry’ group Aptamer (APTA) has issued a “Half Year Trading Update” emphasising that “2022 has seen significant progress for Aptamer with the investment in new facilities to create more capacity and an expanded team, especially in sales and marketing” and that it “has good visibility on its commercial pipeline going into the second half, including a further £1.0m of current signed orders, as well as contracts in negotiation and strong expressions of interest across all three business units… remains focused on delivering market expectations for the full year”. So what of a current share price response down almost 7% to 47.5p?- By Steve Moore |
- 3 January 2023, 11:09 |
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Cineworld saves the best until the end – its shares really are toast
Maybe it is a New Year’s Resolution? Cineworld (CINE) appears to to have turned over a new leaf and is, via RNS, now giving some commentary on how its equity is slowly being destroyed completely via the Chapter 11 process that kicked off on September 7.- By Tom Winnifrith |
- 3 January 2023, 09:18 |