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VSA
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The Price of Changing your Mind – Andrew Monk of VSA Capital Special

Who said that for a small cap broker “delisting is inevitable. All are struggling to survive in a climate of scarce deals, low trading volumes, strong competition and rising costs” Okay it is a trick question but the answer is Andrew Monk of VSA Capital (VSA). The trick is that …

PODP
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Pod Point Group – “trading statement”, how’s that “dream” on IPO into a reality going?

A trading update from Pod Point Group (PODP) early this year commenced by describing the group as “one of the UK's market leading providers of Electric Vehicle charging solutions”, another such update today commences that “The long-term market for Plug-In-vehicles continues to be attractive as the industry grows towards electrification in the UK by 2030”. Good news then?

GDR
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Genedrive rewards executive failure & deserves to go bust: full year results

When David Budd joined Genedrive (GDR) as its CEO in early 2016 the shares were 116p.  Today after diabolical full year numbers the shares are now just 10.5p. So we are all in it together right? Er wrong. While investors have lost 91% of their cash Budd has trousered just over £2 million including an inexplicable 2020 bonus of more than £207,044 taking his total package that year to £444,615. Oink. Oink. It gets worse…

Bitcoin
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Peter Schiff reminds us all of the great lie of shitcoin – the crypto winter may last as long as a Nania winter

The great lie pushed by those supporters of bitcoin and other crypto currencies was that supply of bitcoin was limited by the halving formula. So, we were assured that while promoters of shares or funds or any other asset would always match demand with new supply, bitcoin was different. Of course, that was just misleading.

VMUK
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Virgin Money – the shares are a bit cheap but as an investor you can do so much better elsewhere

Have you ever used Virgin Money UK plc (VMUK)? Personally, I never have but, as the group now “operates under the Clydesdale Bank, Yorkshire Bank and Virgin Money brands”, I guess a bunch of you do (or have). How is it getting on?

TLW

Tullow's Share Rise Hasn't Kept Pace with its Bigger Rivals but that Could Change

Hello Share Collectors. Like all oil producing combos, Tullow Oil (TLW) will do well out of the lofty price of oil. Even if it has just reduced its production aim of 60,000-64,000 barrels of oil a day to 60,000-62,000 barrels. It’s not much of a reduction and, given the sturdy current values for the black stuff, I don’t think the share price has risen as far as it should do, when compared to its larger rivals Shell (SHEL) and BP (BP.).

ARB
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Fancy a 165% annual yield until you get a 1750% capital gain in 4 years?

Yes, if it sounds to good to be true it is too good to be true. But some folks still think that it is true. The company is, of course, Argo Blockchain (ARB). I think it could go bust as soon as this week but there are others who know better.

Gold
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The View From The Montana Log-Cabin As Gold Takes A Breather

Gold finished the week at $1751, down a notch from last week’s $1771 but still well up on recent lows, having put in a high point of $1785 on Wednesday. US economic data offered little to cheer about, and the US treasury market continues to ring all manner of alarm bells. Despite that, US equity markets finished the week on a bit of a high – but for how long?

Bitcoin
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Visualized: FTX’s Leaked Balance Sheet

This graphic from Visual Capitalist is wild – it illustrated the depth of the fraud at crypto company FTX.

Bearcast
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Tom Winnifrith Bearcast: The red flag lessons from quick death/slow death Wilko

Apparently the 92 year old chain needs an emergency refinance this week. If it gets it it is a slow death in 2023. If not it is a quick death before Christmas and 16,000 P45s. I look at the red flags in this case over the past year and why I own no retail or no property stocks - there are lessons for both sectors here.  Then I ask if Dave Richards of Wandisco (WAND) has gone mad or simply stuck his own moral compass where the sun don't shine?

Professor
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Sunday Long Reads: Demon River, Scam Mills, Risky Stocks, Letting the 90s Go, Hot Wheels

Here are five long reads that have nothing to do with shares. Put the kettle on, find a comfy chair. You have the time, don’t you? 
 

Quiz
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The ShareProphets Sunday Pub Quiz #168

Honestly, considering the tech issues we’ve had for the past month, if this quiz appears on Sunday, give yourself an extra point. Also, a reader pointed out that last week’s question about self-driving cars talked about 202 legislation instead of 2022. He said since he can safely say there were no self driving cars in the year 202, he’s talking a point. I suppose that you can, too. But’s that’s it! The sweet shop is closed! Put the kettle on, put your score in the comments, and No Googling!

Top-10

Notes from Underground – Most read articles for the week ending 19 Nov 2022

The most-read non-quiz non Tom article this week is a brand new voice, Steve Brown of Orcadian Energy, with  EXCLUSIVE: North Sea Tigers: We are all up in arms’ at No 6 or No 11 including Bearcasts.

Bearcast
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Tom Winnifrith Bearcast - white collar crime DOES pay and Malcolm Breaks the habit of a lifetime

You find me making sweet chilli jam as Christmas is near. Photos later. For some companies such as nanosynth (NNN) and Versarien (VRS) time is thus running out. I look at that but start with Malcolm and his deviation from every year I have known him. Then I look at how crime does pay - Elizabeth Holmes and Theranos and, I fear,  FTX.  Then a few words on the budget, a statement of "managed decline."

Bitcoin

Video: A Wave of Junk Debt Could Force the Fed to Pivot

Danielle DiMartino Booth, the CEO and Chief Strategist for Quill Intelligence, a research and analytics firm is a top banana, bang on the money on the subject of economics and crypto scams.

ADT

AdEPT Technology – decent interims and “a strong pipeline of opportunities”, Buy

Technology managed services group AdEPT (ADT) has announced its results for its half-year ended 30th September 2022 and that “whilst headwinds remain… the group has made good strategic progress and there remains a strong pipeline of opportunities”. This follows a half-year adjusted profit of £3 million and earnings per share of 12.1p on revenue slightly down to £34.2 million.

CEY

Centamin – positive Sukari underground expansion news, Buy

Centamin (CEY) has announced what it emphasises as “a significant step towards delivering on our commitment to consistently produce 500,000 ounces per annum from the Sukari Gold Mine”.

Father Christmas

How To Make Money from the Chancellor's Plans to Tax Us More.

Hello, Share Twiddlers. We’re now in recession. So how can share-shifters like us negotiate these alligator-infested waters? To save being bitten and even make some dough along the way? 

WRKS
premium content

TheWorks.co.uk – ‘Oops, we forgot about £4 million of debt’… and for a week!

A week ago I wrote on a half-year trading update from arts and crafts, stationery, toys and books retailer TheWorks (WRKS), reviewing how “resilient” is its performance?. That, of course, included noting its cash flow – with it emphasising that its “financial position remains strong with net cash of £11.0m at the period end” and also noting that it “fully reflects the build of stock prior to the peak trading season”. Now a “Correction: Half-Year Trading Update” announcement.

JR-Ewing
premium content

EXCLUSIVE: North Sea Tigers: We are all up in arms

Another tax rise, it won’t go away if oil prices fall, it will last until 2028, the sky is falling, the oil and gas business has suffered yet another blow, it’s finished, our day in the sun has gone. Or maybe not. 

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ANP

Anpario – a recovery Buy?...

Thursday »

Cat_Fixing_Lightbulb

Bearcast issue update: all should be well

 

ORCP

Oracle Power: Cynical Foul

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