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Bearcast
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Tom Winnifrith Bearcast: Why contemporary art is really not a better investment than what Warren Buffett buys

It is my ninth wedding anniversary today and I am a lucky fellow indeed. Tonight a romantic meal at the local boozer with the Mrs. Having discussed this and answering my own quiz question I move onto contemporary art where i am glad to be getting out as claims of hs historic performance offer no guide to the future. Then I look at Revolution Beauty (REVB), Boohoo.com (BOO), Tomco (TOM), Cake Box (CBOX), Made.com (MADE), Asilimar (ASLR), Dev Clever (DEV) and Audioboom (BOOM).

RKT
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Why has there been a CEO change at Reckitt Benckiser?

Perhaps you are really smart with your investment choices and do your trades from the beach or a luxury yacht. By contrast, I am mostly sat in my study working and thinking. Still, it is less than ten years to go before I can access my pension fund and one stock choice that has helped out over the last week is Reckitt Benckiser (RKT), which I last loved-up a bit over six months ago HERE. So why has a CEO change been announced today?

TUI
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TUI will be the next Thomas Cook, a zero: Lucian Miers

Next time TUI (TUI) threatens to go bust the German Government will be in no position to bail it out given how many other large German companies will be on their uppers by this winter. So says Lucian Miers who is short of the stock in a material way.

ENET

Ethernity Networks – 'notice of contract cancellation', blames customer but to do nothing about it?

“Contract cancellation” announcement from Ethernity Networks (ENET), though the company states it “strongly rejects” the customers argument and considers it “unrelated to the Ethernity developments” as well as that “per customer interactions and discussions, the management remain of the view that the UEP2025 has the potential to generate additional revenues for the company”. So what of a current share price response down to 9.25p?

ARB
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Argo Blockchain – ANOTHER clear sign that it is bailout placing or bankruptcy ahoy

A week ago interims from drowning in red flags bitcoin miner Argo Blockchain (ARB) made it abundantly clear that it faced a near term cash crisis. Today another sign that it is readying itself for a bailout placing has emerged. But I foresee a problem.

FUM

Medical Pioneer Moves Nearer US Permission to Sell its Ground Breaking Treatment

Hello Share People. There’s a company called Futura Medical (FUM) that deals with that difficult problem for some men. In the past, Uncle Tom has worried about this outfit as a jolly investment as its treatment, on an earlier occasion, had not proven entirely positive in trials. But that was some time ago and now comes much more successful news.

Bearcast
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Tom Winnifrith Bearcast: Would I push Stuart Ashman of Skinbiotherapeutics in the river for making me look like a fool?

In today's bearcast I look in detail at Cake Box (CBOX), nanosynth (NNN) and Skinbiotherapeutics (SBTX). 

LTHM

James Latham plc – sales progress, but that is vanity and pain on the way?

Trade distributor of timber, panels and decorative surfaces, James Latham plc (LTHM) has issued an AGM statement including “revenue for the first four months of the current financial year, namely 1 April to 31 July 2022 is £142m. This represents an increase in sales per working day of 15% compared with the same period last year… cash balances remain strong and with our robust supply chains, this puts us in a good position to take advantage of the opportunities that exist in our market”. So why have the shares currently responded to 1130p, more than 7.5% lower?

FUL

Fulham Shore – “trading is resilient”, but what is to come?

Franco Manca and The Real Greek restaurants company Fulham Shore (FUL) has issued an update emphasising “trading is resilient and running in line with management expectations… our customers are attracted by our high quality ingredients and great prices”. So what’s the outlook in the context of a current 11.25p share price?

ESKN
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Esken – Trading Statement From Former Stobart Group Ltd: This Is Heading For Another Disaster!

Former Neil Woodford favourite, fully listed Esken (ESKN), has offered up a trading statement this morning ahead of its interim results to today – which won’t appear until November. The statement offers some glimmer of hope, which saw the shares rise initially by as much as 7% before turning tail as the market read into the detail.

HWDN
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Don’t panic about all corporate names that leave the FTSE 100

I have talked before that the most interesting aspect of the quarterly FTSE 100 changes is not which corporate names join London’s largest index…it is those that get booted out. The one of interest to me is not fund manager Abrdn (ABDN), which we used to all know as Aberdeen Asset Management before its comedy name change, but Howden Joinery Group (HWDN).

SYS1

System1 Group – strategic review, for growth reasons or not?

System1 Group (SYS1) has announced the appointment of Conrad Bona as a non-executive director, stating “his experience will further strengthen the board's skillset and will contribute to our future success”... though along with a “Review of strategic options”. So what’s going on?

CTEA
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Catenae Innovation: Month 5 Of Suspension As Tumbleweed Blows Past & the Fat Lady warms up

AIM-listed Catenae Innovation (CTEA) was suspended five months ago for failing to offer up its accounts for year-ended September 2021. It now has just one month to post its audited numbers before the AIM Executioner calls and it is surely game over. But we haven’t heard from the company for two months: is there anybody there at Catenae Towers?

CBOX
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Cake Box Told y’all! Disastrous warning and it will get worse

Lucian Miers may have become a big fan of Cake Box’s (CBOX) egg-free mega calorie cream cakes but it seems that others are taking a different view. You have been repeatedly warned that this was a disaster in waiting and today there is a catastrophic profits warning and it is only going to get worse. How jolly glad the CEO and his Mrs who sold 3 million shares at 350 to poor dumb sheeple fund managers last November and 3.75 million 170p in September 2020 will be to have banked £16.88 million as the shares are now just 98p. And things will get worse.

AV

Viva Aviva as its Half Year Is Encouraging and a Nervous World Turns to Insurance

Hello Share Splashers. Insurance can be counted as a defensive investment when times are hard, as they are now. People are drawn to increasing their security when world economies are in trouble. One of the biggest insurers is Aviva (AV.) with a market cap of more than £11 billion. And with size comes strength. Too big to fail?

MACF
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Macfarlane – interims and set for another year of profit growth

Packaging group Macfarlane (MACF) has announced results for the first half of 2022 and that it expects to deliver another year of profit growth.

Bearcast
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Tom Winnifrith Bearcast - so when will musicMagpie 'fess to the bad news?

I start on if I could, why I would short an opticians chain. I think the answer is I can't  but I explain why I would like to. Then it is onto musicMagpie (MMAG), the fraud that is Supply@ME Capital (SYME), Shield Thereapeutics (STX) - today's lesson in insanity - and Ben's Creek (BEN) and disgraced Adam Wilson.

DCTA

Directa Plus – US patents development and “generating considerable interest”, but what about the financials?

Describing itself as “a leading producer and supplier of graphene nanoplatelets based products for use in consumer and industrial markets”, Directa Plus (DCTA) has announced it “has received a Notice of Allowance from the United States Patent and Trademark Office for the grant of a patent covering the Company's G+ embedded polyurethane membrane”, with the offering “generating considerable interest in the US market”. So what of a current 90p share price?

INSG

Insig AI – further convertible loan facilities drawdowns, what next?

’Data science and machine learning’ company Insig AI (INSG) has announced “a fourth tranche of £160,000 was drawn down on the convertible loan facility provided by Richard Bernstein… a third tranche of £80,000 was also drawn down on the same day, on the convertible loan facility provided by David Kyte”. So what’s the overall situation here now, with the shares currently at 22p?

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