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Symphony Environmental Technologies – responds to EU Court Judgement, it “right” to have brought the case?
At the end of last month Symphony Environmental Technologies (SYM) had a case it brought against the European Union Art. 5 of the Single-use plastics Directive 2019/904 judged against it and its shares crashed from above 6p to 3.5p. What of a now response from the company to the EU Judgment, with the shares at 3.25p?- By Steve Moore |
- 9 February 2024, 14:34 |
BREAKING: Dispensa – repeated failures to impair Goodwill, a £20m deceit!
Yesterday I made an error with regard to the goodwill at Dispensa (DISP), the crock formerly known as Zamaz. The other accounting howlers and deceits I Identified stand. I have now looked into the goodwill in far more detail. And what emerges is a scandal of at least £20 million which I will be urging my pals at the FRC to look into at once.premium content
Vindicated again: Ben’s Creek ‘fesses to cash crisis and CEO Adam Wilson is being resigned
On Michael Walters day it would be rude not to start a tale of another disaster of the sort in which he specialized in any other way than by saying “Oh dear, Oh dear.” As I have warned for a while, most recently HERE, trading at Ben’s Creek (BEN) is dire and the company faces a cash crisis. And so today we have a ‘fess up RNS and, as a bonus, CEO and founder Adam Wilson will “be resigned” as soon as someone can be found to commit CV hara kiri and take over. More ouzo for the sheriff!- By Tom Winnifrith, the Sheriff of AIM |
- 9 February 2024, 11:57 |
Croma Security Solutions – “positive” trading and NHS Trust contract renewal, Buy
Croma Security Solutions (CSSG) has issued what it describes as a “positive update on trading for the six months to 31 December 2023, as well as a three year NHS Trust contract renewal”. How positive is the news with the shares at around 69p to buy?- By HotStockRockets |
- 9 February 2024, 10:47 |
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VSA Capital caves to Silverwood, told y’all
As a loyal, if wholly unwitting, shareholder in Aquis listed VSA Capital (VSA) perhaps I should not crow to much about the news that humble pie is on the menu today at Oriel College Oxford. That Andrew Monk and his team have climbed down in this legal tussle which will see another material writedown in the balance sheet is embarrassing but it is also sensible and for that I offer praise where it is due. Well done Monkey! Let me explain.- By Tom Winnifrith |
- 9 February 2024, 10:36 |
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DS Smith – possible offer from Mondi
Packaging company DS Smith (SMDS) has confirmed an “expression of interest” from Mondi plc (MNDI) and that it “understands that Mondi is considering a possible offer”. What of the news currently helping shares in DS Smith more than 10% higher to 311p?- By Tom Winnifrith & Steve Moore |
- 9 February 2024, 10:03 |
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BREAKING: Tintra faces up winding up order, what is JP Jenkins playing at?
I have warned JP Jenkins a number of times about Tintra (TNT), formerly the AIM Company of the year 2022. But despite shocking exposes like this one yesterday, JPJ seems happy to allow shares to be traded on its platform. Well maybe the winding up order might just change that? I kid you not.- By Tom Winnifrith, the Sheriff of AIM |
- 9 February 2024, 09:30 |
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So farewell then MichaelWalters.com
A kind reader points out that disgraced share tipster Old Mother Walters, Mike to his good pal jailbird Asil Nadir, has shut down his share tipping website. Oh dear, Oh Dear, as Mike, once of the Daily Mail, would have said when yet another of his disastrous share tips crashed, burned and 'fessed up that it was a fraud or was nailed by a regulator.- By Tom Winnifrith |
- 9 February 2024, 08:07 |
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Tom Winnifrith Bearcast: Anavio will not believe its luck as worthless Canadian Overseas shares zoom ahead by 117%
I start with a Cambridge University sports report and an apology to a reader who feels chastised. Then it is on to Canadian Overseas Petroleum (COPL), Regtech Open (RTOP) , Eight Capital Partners (ECP), Supply@ME Capital (FRAUD) and Dispensa (DISP), Strategic Minerals (SML), DS Smith (SMDS) and Revolution Beauty (REVB)- By Tom Winnifrith |
- 8 February 2024, 16:22 |
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Sanderson Design Group – “trading update”, why now expected profitability that dare not speak its name in relation to the prior outlook?…
Interior furnishings group Sanderson Design (SDG) states that it “is pleased to announce its trading update for the financial year ended 31 January 2024”. So what of a current share price response to below 110p, down approaching 14%?- By Steve Moore |
- 8 February 2024, 16:03 |
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Hardide – results, trading warning and cash crunch AHOY!
Previously writing on surface coating technology company Hardide (HDD), in May with the shares up to 14p I noted they a trading delivery and balance sheet concerns Avoid. The shares commenced today at 9.75p, and what of a “Preliminary FY23 results & FY24 trading update” announcement currently seeing them at 7.5p?
- By Steve Moore |
- 8 February 2024, 14:05 |
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BOOM! GOTCHA! Dispensa, as shares collapse: more exposes of accounting high jinks, when will the rats start to jump, 3 questions for the FRC to ponder!
My shocking expose of Dispensa (DISP), the crock formerly known as Zamaz, where I’ve been a perma bear since its September 2 2022 IPO at 11p seems to have somebody panicking. The shares have today crashed by 42% to just 0.95p. Which will be the next rat to jump as there is far worse to come. I shall kick off with a couple of questions for those such as PR goons Walbrook and VSA Capital, where I am unwitting shareholder, to consider as they ponder how much more reputational damage they can tolerate.- By Tom Winnifrith |
- 8 February 2024, 13:58 |
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BREAKING EXPOSE: Tintra Limited – did Tintra avoid £1 million in liabilities & screw its creditors by dumping St Daniel House
Tintra Plc (TNT) now Tintra Limited, trading on JP Jenkins but formerly the AIM Company f the Year 2022, had a history of dumping loss making and insolvent subsidiaries for nominal consideration and recording large profits on their disposal. But was this all a deception? I have a £1 million expose which suggests that it was.- By Tom Winnifrith, the Sheriff of AIM |
- 8 February 2024, 13:35 |
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AIM Casino Market Statistics for January 2024: now back to November 2003 levels
The New Year has started with a further decline of a net 9 companies with 2 New Issues and 11 Cancellations taking the market down to 744 companies. That means that “the world’s most successful growth market” now has fewer companies listed than at any time since November 2003. But in 2003 the casino was expanding with a net 50 companies joining. These days the Casino is reversing faster than an Italian battle tank.- By Tom Winnifrith, the Sheriff of AIM |
- 8 February 2024, 11:41 |
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Sondrel – a highly convenient time for a ramptastic news “exclusive”!
With its shares reaching more than 150% higher early this morning, Sondrel (SND) has issued a “Statement re Share Price Movement” noting “the movement in its share price and recent press speculation”. What of this and a current up to around 14p share price?- By Steve Moore |
- 8 February 2024, 11:28 |
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World Chess: today’s placing makes no sense and stinks
I flagged up in a recent bearcast some of the numerous red flags in which Standard Listed World Chess (CHSS), a shocking IPO organized by the scallywags at Novum, is drowning. Today comes a real stinker. At the time of my warning the shares were 5p. They are now 2p-4p.- By Tom Winnifrith |
- 8 February 2024, 10:51 |
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Iconic Labs – epic dilution continues
Iconic (ICON) may have recently announced a change of Board and Strategy but the share dumping by European High Growth Opportunities Securitization Fund (EHGO) continues and in yesterday’s RNS Iconic announced the following:- By Tom Winnifrith |
- 8 February 2024, 10:23 |
The readers have spoken about talking text
The other day we put up a poll asking if readers would like the 'Listen to this article' feature to continue. It was something that we had been testing for the past month or so. The poll results were clear and emphatic.- By Darren Atwater |
- 8 February 2024, 08:15 |
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Aurrigo International – “Auto-DollyTug at Munich International Airport” agreement, but how’s the cash position going?
Autonomous vehicles technology company Aurrigo International (AURR) has announced an agreement to deploy its 'Auto-DollyTug' at Munich International Airport, including stating that it is “continuing to push the boundaries of autonomous technology in diverse airport settings worldwide, unlocking new possibilities”. What of a current more than 5% higher share price towards 100p in response?- By Steve Moore |
- 7 February 2024, 15:45 |
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Alpha Financial Markets Consulting – argues “well positioned” including to double the business by 2028, but currently not meeting expectations from November!
Describing itself as “a leading global consultancy to the financial services industry”, Alpha Financial Markets Consulting (AFM) has issued a “trading update” including for its year ending 31st March 2024 “consultant utilisation improved in Q3 close to target levels” and that it “now expects the group to deliver FY 24 results showing net fee income growth of up to 5% against the prior year and adjusted EBITDA of approximately £42m - £43m at a slightly improved margin on the first half… The group also maintains a strong net cash position”. So what of a current share price down more than 8% on the announcement to 340p?- By Steve Moore |
- 7 February 2024, 13:58 |