Video: Warning of Wealth Risks in a World of Financial Jenga, buy gold but sell bitcoin
Bullion dealer Egon von Greyerz of Von Greyerz Gold Switzerland is talking his own book but is one of those folks who is so bearish about the world you almost want to give up. He is concerned about the current state of the global economy, noting mounting national debts and potential for war as the two primary factors adding to the world’s chaos.- By Tom Winnifrith |
- 26 February 2024, 12:59 |
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Sosandar – what is the cash position now?
Nigel Somerville warned folks to sell their shares in Sosandar (SOS) at 16.25p after a Christmas trading update which begged more questions than it answered. Today the shares are 12.25p and sliding fast. My big question is what is the cash position now?- By Tom Winnifrith, the Sheriff of AIM |
- 26 February 2024, 12:01 |
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Made Tech – interims, how much ‘bullshit earnings’ was the previously-stated EBITDA?…
Previously on Made Tech Group (MTEC), which describes itself as “a leading provider of digital, data, and technology services to the UK public sector”, at the start of this month I wrote ‘arguing “a credible EBITDA performance”, is CEO Rory MacDonald fooling himself or trying to fool everyone else?’. So what of the today-announced results for its half year ended 30th November 2023?
- By Steve Moore |
- 26 February 2024, 11:50 |
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Three months is too long to take the piss: another letter to AIM Regulation about musicMagpie
It is now more than three months since musicMagpie (MMAG) declared that it is an offer period. The initial bidders, solicited by Magpie, both walked within days appalled at what they found. The whole industry know that trading is weak and Magpie’s banks are shitting bricks yet Magpie keeps up the pretence. I have again written to the Oxymorons, how long will they allow Magpie to tale the piss?- By Tom Winnifrith, the Sheriff of AIM |
- 26 February 2024, 11:22 |
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Ananda Developments – surely this valuation is laughable as is the balance sheet?
Today we have a quarterly trading statement from Aquis listed Ananda Developments (ANA), a £9.35 million capitalized pot company. Ananda, I kid you not, does not have a bank account and its balance sheet is surely a complete rum ‘n’ coke. With almost no cash, this is an accident waiting to happen.- By Tom Winnifrith |
- 26 February 2024, 08:58 |
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Tom Winnifrith Bearcast: I disagree with Malcolm and you may say I'm a fat bastard but I am winning
I start with my weight and blood sugars and I'm feeling quite proud of myself. Then it is Empiric Student Properties (ESP), Centamin (CEY), the Tingo (TIO) fraud and Audioboom (BOOM)- By Tom Winnifrith |
- 25 February 2024, 18:46 |
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EnQuest is reducing debt steadily and is considering a return to dividends - BUY
Despite the threat that a Labour government poses to the UK oil and gas industry, I still see opportunities for producers in this sector to perform well, and I particularly think that EnQuest (ENQ) is worth a look. Here's why!- By Gary Newman |
- 25 February 2024, 13:16 |
Visual Aid: Who Owns the Most Vehicles per Capita, by Country?
With one of the largest car ownership rates worldwide, the number of US cars on the road have more than doubled since the 1960s. But how does ownership compare to other countries, and who is seeing the fastest growth rates amid a rising global middle class?
- By Darren Atwater |
- 25 February 2024, 11:57 |
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The View From The Montana Log Cabin: The Big Gold Yawn Continues And Ariana
Gold ended the week at $2,035. Having survived the test of $2,000 the previous week, the metal is now trying the upper end of a diminishing trading range but I fear that the big yawn is set to continue for a while yet.- By Nigel Somerville |
- 25 February 2024, 11:55 |
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Sunday Long Reads: Somali Poetry, Emoji Snakes, Nanny Chaos, Forbidden Courses, Oslo Plaza Mystery
Sunday is a good time to sit back, read, and forget about shares. Put the kettle on, find a comfy chair. You have the time, don't you?
- By Darren Atwater |
- 25 February 2024, 11:53 |
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The ShareProphets Sunday Pub Quiz #229
It's time for the ShareProphets Sunday Pub Quiz.. There are no prizes! And remember, no Googling!
- By Darren Atwater |
- 25 February 2024, 11:15 |
Notes from Underground – Most read articles for the week ending 24 February
Here are the most read articles and the most listened-to Bearcasts over the past seven days. The most read non-Quiz, non-Tom article last week is Steve Moore with Feedback – interims and argues pilot agreement importance “cannot be understated”. What about cash burn importance? at No 10 or No17 including Bearcasts.
- By Darren Atwater |
- 25 February 2024, 11:14 |
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B.P. Marsh & Partners – trading update from this winning share tip, remains positive for ongoing performance
Early stage financial services businesses investment company B.P. Marsh & Partners (BPM) has issued a trading update including that it “remains positive regarding its ongoing performance” with also £40.5 million of funds (including no debt) for investment and a continuing high number of potential new business opportunities.- By Tom Winnifrith & Steve Moore |
- 24 February 2024, 19:44 |
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Toyota/Tesla Pair Trade will be Home and Hosed by the Emperor's next Birthday.
Hats off to PABaker for correctly answering my little quiz on Thursday to celebrate the Emperor of Japan's birthday The two unnamed companies were indeed Toyota and Tesla. Despite a much lower market value (the gap is closing fast) Toyota boasts much higher revenues and profits and also has the advantage of not being run by a sociopathic drug addict.- By Lucian Miers |
- 24 February 2024, 19:44 |
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Transense Technologies – interims, some investment costs but a growth BUY
Sensor technology and measurement systems company Transense Technologies (TRT) has announced results for its half-year ended 31st December 2023 and that “planned investment in sales and marketing activity at Translogik is opening new market channels” and “there is an increasing momentum of commercial enquiries and contracted business in SAWsense with high quality global customers”. Good news from a current 107p offer price for the shares?- By HotStockRockets |
- 24 February 2024, 12:35 |
Cap and Gown Property Company could See its Share Price Earn Top Marks
Hello Share Crazies. Empiric Student Property (ESP) is a REIT (Real Estate Investment Trust) enterprise. That means it has to hand most of its profits back to shareholders. And that’s why I tend to favour companies under this favoured umbrella. I’ve also noticed that REIT’s can do better than most of their peers.
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Croma Security Solutions – interims, we are ahead but still a trading and strategy progress Buy
Croma Security Solutions (CSSG) has announced results for its half-year ended 31st December 2023 and argues that it is “well-placed to deliver year-on-year growth despite continuing difficult macro conditions”. The shares of this 70p offer price December tip have responded up to now 73p to buy, but we suggest there is further upside from the £10 million market capitalisation.- By HotStockRockets |
- 23 February 2024, 16:35 |
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Saietta – as I warned, shares further crash. “Strategic Review and Formal Sale Process” desperation as possible end-of-next-week planning for administration!
Writing on Saietta Group (SED) last week, I noted the shares slumping by a further more than 50% to below 7.5p but still a Sell as I questioned for how much longer is this group ‘commercial’. Now an intra-day (uh oh), 1:40pm, “Strategic Review and Formal Sale Process” announcement.
- By Steve Moore |
- 23 February 2024, 16:10 |
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Tom Winnifrith Bearcast: a huge relief and all clear from the Shipmans
I start with a meeting with the Shipmans in Chester and an all clear, a mighty relief. Then Avacta (AVCT), Verditek (VDTK), Eurasia (EUA), Ironveld (IRON) and Saietta (SED) - ouzos for Steve Moore tonight. I also mention Sharestock on September 7, feel free to book early HERE .- By Tom Winnifrith |
- 23 February 2024, 15:44 |
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Tribal Group – “NTU Contract Update”, a damages demand ‘increase’ that dare not speak that name?
Education software and services group Tribal (TRB) has issued an “NTU Contract Update”-titled announcement… and the shares, already down from a start of 2024 above 55p, are currently further lower at around 42p in response. So what is the “contract update”?- By Steve Moore |
- 23 February 2024, 14:15 |