RM plc – proposed disposal, ‘continuation of transformation strategy’?
RM plc (RM.) has announced “Proposed sale of the RM Integris and RM Finance Business”, emphasising “continuation of RM's transformation strategy” and helping the shares currently higher to 45p, a £37.7 million market capitalisation. So what’s the latest detail here?
- By Steve Moore |
- 28 November 2022, 14:00 |
Windar Photonics – “a strong financial position to facilitate the delivery of the order book”?
LiDAR wind sensors for wind turbines company Windar Photonics (WPHO) has announced restoration of trading in its shares following the publication of accounts and with a £1.8 million placing at 15p per share. So what of a share price up to 15.5p, a prospective £10.3 million market cap?
- By Steve Moore |
- 28 November 2022, 11:17 |
premium content
Brickability Group is fine, but give me shares in its peer Ibstock any day
Back in July, I observed that “it is going to get busy, but Brickability (BRCK) is just one for the experts (even for brick and clay fans like me)” HERE. And since then, the stock has gone up and down a bit but is basically little changed. Are there any excitements then in its announcement today of results for the six months ended 30 September 2022?
- By Chris Bailey |
- 28 November 2022, 09:55 |
premium content
Condor Gold – Jim Mellon has to bail it out at 15p: surely this should have been before sale process started?
Last week Condor Gold (CNR) announced that as part of a strategic review it was putting itself up for sale (again) which I warned was because it was out of cash and probably could not raise any. Guess what? Old Tom Winnifrith was right yet again.
- By Tom Winnifrith, the Sheriff of AIM |
- 28 November 2022, 09:03 |
premium content
Justin the Clown’s misleading ramp of a dog where he is already well underwater – eEnergy (looks a great short)
Back in June of this year Justin the Clown told his followers, both of them, that he had filled his boots with eEnergy (EAAS) saying “My new investment that fits ALL my filters”. I am sure that is true, the shares were then c9p. They closed Friday at 6p before the company issued dismal results at 5.40 PM, nobody is watching O’clock. So yes, eEnergy does fit the classic Clown filters. But it gets worse.
- By Tom Winnifrith |
- 28 November 2022, 08:34 |
premium content
Disastrous Thanksgiving weekend for the movie industry – just a couple more reasons why Cineworld is screwed
The Thanksgiving weekend is when Americans go as a family to see a movie in massive numbers. Well not this year. Ticket sales were just $125 million way down on prior year norms and what was expected. There are two reasons and both bode terribly for the cinema industry as established trends continue or even accelerate.
- By Tom Winnifrith |
- 28 November 2022, 08:33 |
Consider Following the Rainbow if You're Looking for a Promising Mining Play
Hello Share Mates. A perky outfit that sounds a bit like something from Lord of the Rings is worth a peek. Rainbow Rare Earths (RBW) deals in some pretty unusual commodities. More about them later, but we’re talking about a pretty exciting mining operation here.
- By Malcolm Stacey |
- 28 November 2022, 08:05 |
premium content
Tom Winnifrith Bearcast: Is the Eden fraud finally getting pulled down by Terpenetech?
In today's podcast I look in detail at recent events at Eden Research (EDEN) and at Revolution Beauty (REVB). Both companies could well be 2023 zeros.
- By Tom Winnifrith |
- 27 November 2022, 19:02 |
premium content
Barryroe loan deal looks terrible, but provider Vevan has a big incentive for the company to succeed
The Barryroe oil field off of Ireland looks attractive on paper in term of the resources, but it has been well over a decade now and it is yet to be developed.
- By Gary Newman |
- 27 November 2022, 16:12 |
premium content
The View From The Montana Log-Cabin As Gold Consolidates Gains
Gold finished the week at $1756, up a tiny smidgeon on last week’s $1751 but essentially unchanged in a week of little US economic data. Gold equities fared a little better and put in another new recent high to continue the run since late September.
- By Nigel Somerville |
- 27 November 2022, 15:33 |
premium content
Praise be the lord - a new bonkers email from Julie "Lingerie on Expenses" Meyer
The Christmas gift that happens all year round has landed again, another bonkers email from Julie Meyer MBE. Quoting both the Bible and EM Forster, a woman who is dodging a High Court arrest warrant, is subject to an FCA criminal investigation and pleads poverty to avoid paying tax in multiple jurisdictions while boasting of her life in her million euro luxury Greek villa has a message for you all. The world needs more of Julie. Whatever....
- By Tom Winnifrith |
- 27 November 2022, 14:42 |
Will I be smart enough to listen to my own views on shares in Halfords Group this time?!
About five months ago HERE I concluded that I was a buyer of Halfords Group (HFD), the “largest retailer of motoring and cycling products in the United Kingdom”. That would have been very wise, as the then c.140p share is today more than 210p. However - as I have plenty of capability to be an idiot - I did not follow my own advice! So, how do I feel about its interim results out a few days ago…?
- By Chris Bailey of Financial Orbit |
- 27 November 2022, 14:41 |
The ShareProphets Sunday Pub Quiz #169
It's time for thw ShareProphets Sunday Pub Quiz. Put the kettle on, put your score in the comments, and No Googling!
Notes from Underground – Most read articles for the week ending 26 Nov 2022
The most-read non-quiz non Tom article this week is from Nigel Somerville with ‘The View From The Montana Log-Cabin As Gold Takes A Breather’ at No 13 or No 19 including Bearcasts.
- By Darren Atwater |
- 27 November 2022, 14:28 |
premium content
Tom Winnifrith Bearcast: Posh Spice Ltd now owes £60m but Bulb has cost every taxpayer £232
In today's podcast I look at two business failures and the lessons we can all learn from them. In many ways Bulb is a bigger scandal than FTX and it has already cost the UK taxpayer £6.5 billion.
- By Tom Winnifrith |
- 26 November 2022, 15:14 |
premium content
Carr's Group – audit delay, shares set for short suspension but trading “has continued to perform strongly” BUY
Speciality agriculture and engineering group Carr's (CARR) has issued an update including that “the expected completion date for the group's audit and publication of the group's FY22 audited results is now mid-January 2023, later than the 3 January 2023 deadline required” but that it “has continued to perform strongly”, so what’s going on?
- By Tom Winnifrith & Steve Moore |
- 26 November 2022, 12:28 |
ShareProphets readers tips for 2022 competition – (just over) one month to go update: 2 new joint leaders!
Having asked for readers tips for 2022 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2022 harvest) HERE, the following is the monthly update on performance with now (just over) one month to go (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE, AIM casino or Aquis lobster pot and the stocks not to have been suspended at the commencement of 2022).
- By Steve Moore |
- 26 November 2022, 12:15 |
premium content
The Gresham lesson about bonuses for Sarah Willingham and Nightcap
The corporate governance at Nightcap (NGHT) is - as I have exposed on this website so many times - dreadful. That rather surprises me as the non executive chairman Gareth Edwards is not a bad old stick despite having been a partner at the accursed law firm Pinsent Masons. One issue that the cash strapped company, now right up against the limit with its banks, and with its rollout programme on hold, is bonuses. I urge Gareth to look at events at Gresham (GHE), which - to make it easy for him - are detailed in full below.
- By Tom Winnifrith |
- 26 November 2022, 12:12 |
premium content
Shanta Gold – a recovery BUY!
Shanta Gold (SHG) has recently announced that “after further engagement and having taken advice from its financial advisors, the board has concluded that there is no merit in continuing discussions with Shandong and Chaarat, which both parties have accepted”. That ended current bid talks and sees the shares currently down to a 10.5p offer price. However, the company added that it is now “focused on optimising and growing its quality portfolio to continue to deliver long-term sustainable returns for shareholders with a number of value catalysts in train for 2023”. We consider that they can re-spark these shares back to the 16p+ of last year.
- By HotStockRockets |
- 26 November 2022, 11:18 |
premium content
CloudTag: Life in the old fraud yet or just a new fraud and possibly money laundering?
Cloudtag (CTAG) was a bulletin board darling which we exposed as a bankrupt fraud on this website numerous times HERE. Eventually the company's Nomad, Liam Murray at Cairn Financial, arrived at the same conclusion and gave his notice of resignation. However the company then raised £975,000 via broker Novum without telling Novum or anyone else about that resignation. Murray thus resigned with immediate effect and Novum unwound the placing while, with no other Nomad prepared to take on this toxic client, it was booted off the AIM sewer in March 2017.
- By Tom Winnifrith, the Sheriff of AIM |
- 26 November 2022, 11:11 |