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Bear

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. 
MTEC
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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?

MMAG
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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?
ANA
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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.
Bearcast
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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)
ENQ
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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!
Professor

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?

AAU
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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.
Professor
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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?

Quiz
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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!

Top-10

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. 

BPM
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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.
Bear
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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.
TRT
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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?
ESP

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.


  • 24 February 2024, 12:35 |
CSSG
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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.
Bearcast
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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 .
TRB
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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”?
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That Was the Week that Was

 

AAU

Ariana – Surprise!

 

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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