Author David Hay is plugging a new book, “Bubble 3.0” which is a warning about the problems inherent in the financial system. He says that the Fed is the main culprit for bubble creation, and such bubbles always get wrecked. The Fed has kept rates at great depression levels despite reasonable economic activity and that, Hay argues, is plain daft.

Almost 20% of the equity in Standard listed outfit Genflow Biosciences (GENF) is meant to be owned by convicted pump and dump fraudster Ron Bauer, a man currently facing 10 fresh charges and 85 years in jail when found guilty, and his “known associate” Adrian Beeston.  I say “meant to be”.

AIM-listed Yu Group (YU.) released its half-year trading update for the six months to June 2022 yesterday morning. As ever, it made a good impression but does it mean good results are on the way, or will there be a hidden nasty?

Hello Share Grumblers. It becomes ever harder for a bull trader like myself to find possible winners as the Footsie drops further week by week. But there are some promising sectors out there. And those, despite reservations from Uncle Tom, look to me to include the house building game. Take Barratt Developments (BDEV) for example. It sold nearly 18,000 homes in its latest year.

In today's podcast I look at Audioboom (BOOM) where we bears are being well and truly vindicated. Then at the fraud Supply@ME Capital (SYME) and finally at Made.com (MADE) which I expect to go bust by Christmas. 

Kefi Gold & Copper (KEFI) has announced the award of two additional exploration licences on initial five year terms through its 30% joint venture in Saudi Arabia and that “positive progress has been made in discussions with the Deputy Minister for Mineral Resources relating to the Jibal Qutman project - anticipated resolution in the current quarter”, as well as a quarterly 'operational update'. What of the shares having responded up to 0.65p to buy?

Previously writing on promotional products group 4imprint (FOUR), in May with the shares at 2900p I concluded that I’d continue to monitor but with the already-noted recovery the earnings and cash multiples meant I continued to avoid. The shares last closed at 2440p but are currently rising above 2900p on the back of a trading statement, so what’s the news?

Previously writing on manufacturer and distributor of wiring accessories, EV chargers, LED lighting and portable power products Luceco (LUCE), in May with the shares down to around 145p I concluded I’d await clear evidence of suggested improvement before reconsidering from avoid. So what of now a half-year trading update with the shares at 111.4p?

I am trying to remember the last time I went to a Hotel Chocolat (HOTC) shop. If my memory is correct, it was in the Boxing Day 2019 sale. I cannot remember if I regarded its 50% off prices as cheap or not, but suffice to say it would have felt a bit cheaper than buying before Christmas. I tell you what else has fallen by (nearly) 50% this morning: Hotel Chocolat’s share price! So, what’s been going on at the “Chocolate Gifts & Luxury Presents” company whose “three guiding principles have taken us to over 150 chocolate shops, cafe's, restaurants and even a cocoa estate hotel”?

Previously writing on womenswear online retailer In The Style (ITS), in April with the shares at 92.5p I questioned it stating “very well positioned to continue its impressive growth and improve its profitability”. So what of now a results statement... and the shares currently further down to around 50p?

When AIM-listed Haydale (HAYD) released a trading update AHEAD of its full year at the end of June, seemingly indicating that all was well, I wondered if that was really the case. Well, this morning we know the answer to that, after a full-year trading update. All most certainly is not well – and the shares are already down by 5.5%.

Before I turn to one of the most disastrous of the IPO’s of the class of 2021, which has more catastrophic news today, I bring you a snippet from a US survey of consumer behaviour. If you do not think the same trends are happening in the UK you are naïve.

Shareprophets has previously raised criticism of Alpha Growth’s (ALGW) accounting high jinks  HERE. But it gets worse. Far worse. And once again it is PKF Littlejohn as auditors which is enabling this travesty of accounting propriety.

Hello Share Spillers. A company with the rather clumsy name of Cambridge Cognition Holdings (COG) appears worth a look. It’s a niche medical outfit that assists in organising clinical trials for drugs and treatments. Since Covid, there’s a sharper focus on the medical sector and more money being spent on it.

In today's Bearcast I reflect on why it is important to report Eight Capital Partners (ECP) but, more importantly PKF Littlejohn, to the FRC as I have done today. I look at why I don't look at Direct Line Insurance (DLG), then consider Tortilla Mexican Grill (MEX) but in the same vein Fevertree (FEVR), Cineworld (CINE), Music Magpie (MMAG) and Parsley Box (MEAL). Then I look at Anglesey Mining (AYM) with a hisory lesson stretching back to 4000 BC and words of warning to suckers who may fancy a dabble. Then it is onto the disgrace that is Pineapple Power (PNPL) and all the rogues associated with this shocking promote.

Describing itself as “a world leader in Narrowband Radio Frequency Smart Mesh Networks”, CyanConnode (CYAN) states it “is pleased to provide a trading update for the financial year ended 31 March 2022”. What of the shares currently responding more than 10% higher to 13p?

Previously writing on transport data technology group Cordel (CRDL), in February with the shares falling below 9p I concluded that my prior ‘growth trend’ and cash burn concerns looked to remain valid. So what of now a trading update and the shares currently further lower towards 6p?

Following my expose of the amateur and rule breaking accounts of Eight Capital Partners (ECP), the bastard little brother of the Supply@ME Capital (SYME) fraud, I have written to my good pals at the Financial Reporting Council asking for a formal investigation into Eight and its auditors PKF LittleJohn and audit partner Zahir Khaki. The letter is below:

IQE plc (IQE) has announced it has filed a lawsuit in the U.S. Federal Court in California, stating it has “significant evidence” that Tower Semiconductor misappropriated IQE's trade secrets to unlawfully obtain patents on IQE's technology. Tower Semiconductor is a US-listed (Nasdaq - TSEM) circa $5 billion capitalised company which giant Intel is currently in the process of acquiring.

A forgotten previously announced spin-off causes a huge panic among even professional investors. Many, many years ago that was me (until my then boss reminded me of the spin-off which explained the halving of a particular share price). So, if - like me - you are a bit of a GSK (GSK) share price fan over the last eighteen months, then chill out.