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COPL
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The more I look at the Canadian Overseas death spiral convertible bond financing, the worse it looks

I recently wrote a piece criticising Canadian Overseas Petroleum (COPL), and as a result appeared to upset some people on the bulletin boards – not that I really care! – and having now looked more closely at its latest financing deal, I’m even more convinced that it is a company to avoid like the plague.

PSON

Education, Education, Education and this Perky Publisher Knows How to Cash In on its World Growth

Hello Share Users. Despite that nearly every big bank and top broker these days is reducing share price targets, there are still some companies out there that should see their stock rise in value. One such outfit looks to me to be Pearson (PSON), the publisher.

PUR
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Pure Gold Mining – can anyone explain to me why this is not suspended for being bust?

What is the biggest disgrace to come out of Canada? Justin Trudeau in his Pride socks at the Eid parade (or was it the other way round)? Darren Atwater’s idea of customer service?  The music of Michael Buble? No. It is Pure Gold (PUR), the TSX and London listed dog which has been exposed HERE so many times. Today we have quarterlies to June 30.

CDL
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Cloudbreak Discovery – Funding Deal: Good For Management, Not Necessarily For Shareholders

Sub-Standard-Listed Cloudbreak Discovery (CDL) has announced an interesting looking deal to fund Iron Forge Holdings (III) Ltd (IF3) with a $1.5 million loan on seemingly advantageous terms. Interesting looking until one considers where the $1.5 million is coming from!

IQAI

IQ-AI – “pleased to announce” interims hey Trev?, what about that balance sheet?

Chief Executive of the company Trevor Brown states that he is “pleased to announce IQ-AI Limited (IQAI)'s unaudited financial results for the six months ended 30 June 2022” and that the company “successfully continued to manage the after-effects of Covid 19”. So why the announcement not until 09:28am and a current share price response down approaching 16% to 2.525p?

Bearcast
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Tom Winnifrith Bearcast: Made.com's website tells you a bailout placing on the way: 8p? 7p? 5p?

In today's bearcast I discuss Kirsty Allsop's great macro call, Made.com's (MADE) looming financial crisis (with a screen grab below from its own website telling you how bad it is), the oil price ( down 25% in two months and falling) and Canadian Overseas Petroleum (COPL) and why it is a zero in 2023.

SMRT

Smartspace Software – emphasises “strong revenue growth”, so why a further share price fall?

Describing itself as a “leading provider of 'Integrated Space Management Software' for smart buildings and commercial spaces”, Smartspace Software (SMRT) states it “is pleased to announce a trading update for the six month period ending 31 July 2022”. So why have the shares currently responded to the announcement down 6.5% to 43.5p?

WOSG
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Watches of Switzerland may feel happy about demand. But, but, but

I am not as much of a cheapskate as Bill Gates regarding my choice of a watch, but then again I am not as smart as the Microsoft founder is. And not so many people wear a watch today as they used to as apparently mobile phones can run lives almost completely. However, as the shareholders of Watches of Switzerland (WOSG) will cite, opportunities have remained pretty good for “curated selections of luxury Swiss watches contain some of the world’s finest timepieces from maisons including OMEGA, Cartier, TAG Heuer, Breitling and Patek Philippe”.

VCP
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How Victoria did respond to the bear dossier, Sam Antar would be proud

A couple of weeks ago I pondered how Victoria (VCP) would or should respond to a quite devastating bear dossier from Iceberg Research. In a way it has played the attack cleverly but actually its response makes the stock even more of a sell.

CBX
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David Beckham "backed" Cellular Goods new CFO to oversee the cash crisis & going concern blow up with auditors

I wish Bruna Nikolla the very best of luck as she becomes the new CFO at Cellular Goods (CBX) just in time to have a good chat with the auditors about whether this company can be viewed as a going concern.

COPL
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Canadian Overseas Petroleum – utterly shite Q2 results in the most favourable macro climate ever! Target price for 2023 0p

Does our own BB savant PL still believe in reports from this company’s house broker saying that Canadian Overseas  Petroleum (COPL) shares will roof it? Who is going to break the news to him that Santa and the tooth fairy are not real? Today’s Q2 numbers try to hide the point but are truly appalling.

ERGO

Cancer Trial King is Worth a Look as It Keeps on Growing in a Growing Medical World

Hello Share Swappers. Medical companies have a favourable spot in my humble musings on possible share success. Today’s choice for your further perusal is Ergomed (ERGO). This is a niche company, another reason for me to favour it.

Tom
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Just 26 days to go: Book Now!

Yes it is just 26 days to the most unusual event in the share calendar – ShareStock. On September 10, sixty to eighty folks will be sitting in tents on an elevated lawn by the banks of the River Dee listening to legends from the investment world give talks and them chatting to them informally, one to one, in the drinks tent.

Bearcast
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Tom Winnifrith Bearcast: More WhatsApp messages fall into my hands – Giles Clarke what is sauce for the goose

Yesterday I discussed how Ironveld Resources (IRON) via its PR man Tim Blythe of BlytheRay ands the awful Mail on Sunday was smearing Richard Jennings but ignoring the real issue which were breaches of AIM Rule 10 and 11. But what is sauce for the goose... I today read to you a string of remarks made by Giles Clarke, Ironveld's chairman in whatsapp messages now in my posession. After yesterday's indignation perhaps Mr Clarke wants to consider his position. Then onto Abingdon Health (ABDX), liquidity drying up and what it can mean, Parsley Box (MEAL) and musicMagpie (MMAG). I also discuss Wishbone Gold (WSBN) urging a note of caution on "nearology."

TPG

TP Group – publishes delayed results, contract renegotiations and refinancing needed!

Previously writing on consulting, software and technologies group TP (TPG), in June with the shares down to 1.25p I noted worsening confidence and results delay. The shares last closed at 1.875p, but are currently back below 1.5p following the delayed 2021 results announcement.

VRS
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Versarien: shares slumping, is it the bailout placing or a grim year end trading statement? Or Both!

You will remember that when the old auditor to Versarien (VRS), run by loathsome charlatan Neill Ricketts, walked, the new bean counter said that it would not have sufficient time to sign off on results to March 31 so Ricketts extended the year end to September 30. But the shares are today sliding (again), off 10% to 18p, as chickens prepare to come home to roost.

TET
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Treatt – from “H1 2022 ended strongly, and momentum has continued into H2” to material profit warning in 3 months!

Natural extracts and ingredients manufacturer and supplier Treatt (TET) has issued a trading update including that it “is still expecting to report strong revenue growth for the full year and retains an excellent order book”. So what of a share price response to currently 550p, more than 31% down?!

WSBN

A heartfelt and sincere apology to Mr David Lenigas

If I have ever suggested that Mr David Lenigas is a shameless penny share promoter and all round spiv prone to grotesque exaggeration whose clumsy ramping has helped to turn AIM into the sewer that it is, I should like to apologise. And I mean that most sincerely. The tweet below, about a stock where I may have a minor interest, although that in no way influences me, shows that Mr Lenigas is a world class mind whose pithy objective analysis of mining stocks makes him a national treasure. Let the record stand corrected.

Sheriff-Of-AIM
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BREAKING: The Night of the Living Dead – Media Corp is back and heading to Aquis

Look what is crawling out of the grave, maggots emerging from every pus-filled orifice, the smell of death everywhere…it is Media Corp (MDC). It is back

PHNX
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I am sure there are fans of Phoenix Group shares…but not me

I have written before about Phoenix Group Holdings (PHNX) but I noted back in mid-March that I was not a particular fan of the insurance services provider (even if its aim is “helping people secure a life of possibilities”). Insurance and related is a complex sector, but Phoenix Group has had an unusual share price profile.

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ORCP

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