The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares
Published 12 November 2023, 10:41
Here are the most read and most listened-to articles and Bearcasts on ShareProphets over the past seven days. The most read non-Quiz, non-Tom article last week is by Steve Moore, TheWorks.co.uk plc – notes “sales growth” and medium and long-term “potential”…though what about the bottom-line currently?! at No 3 or No 10 including Bearcasts.
Published 14 July 2023, 08:10
Nate Anderson of Hindenburg Research is not letting go. His latest tweet shows another utterly blatant bit of fraud by Tingo (US:TIO) generating another completely bogus $110 million of sales no doubt on a high margin! This who compay is fake, its sales,its operations, its profits its reported cash. Stevie Wonder can see that, So what the hell is the SEC doing not closing it down and arresting Cleverly, Darren Mercer and Dozy Mmobousi? Moreover..Published 9 January 2024, 08:00
Desperate times call for desperate measures and Technology Minerals (TM1) the company originally created by the fraudster Chris Cleverly of Tingo (TIO) and African Potash (AFPO) infamy is in a financial black hole. No respectable financier will bail it out and so yesterday it announced its second deal in three months with CLG Capital run by Charles Ofori. You will enjoy this…Published 5 June 2017, 01:14
In this week's contest we were looking for special examples of folks who learned their maths the Diane Abbott way. It seems the regular ShareProphets' rogue's gallery was nominated. But we could choose only one.
Published 6 August 2015, 02:34
The share price of African Potash (AFPO) rocketed this week on news that it was moving into the fertiliser trading market. Previously the company has focused on its Lac Dinga project in the Congo, where initial drilling last year revealed the presence of significant potash deposits. But now, in the shorter term, it looks as though the tiny AIM-listed company will be shifting its focus to sourcing fertiliser from producers to then sell on, earning a cut of the proceeds for acting as the middle man.
Published 28 September 2015, 01:25
AIM-quoted African Potash (AFPO) has agreed a price of $500 (£329) a tonne for 50,000 tonnes of potash-based fertiliser material it has agreed to supply to the Zambian market under a recent Memorandum of Understanding (MOU) in a deal which Dr Chris Cleverly, the company’s executive chairman, suggests will deliver an expected pre-tax profit margin of 6%. The price compares with recent market prices of around $300 a tonne and is higher than many were expecting for this deal.
Published 30 October 2015, 00:58
Fertiliser play African Potash (AFPO) has fixed funding arrangements to carry out its latest $100 million (£65 million) of supply deals and recruited two former government ministers to its board. African-born Lord Hain, former Labour cabinet minister and as Peter Hain a past leader of campaigns against South African apartheid, is becoming a non-executive director of the AIM-quoted company, which is also bringing Mark Simmonds, recently Conservative Foreign Office Minister for Africa, onto the board.
Published 17 March 2016, 01:21
It amazes me how long some companies can maintain a buoyant share price when they are largely running on hot air. Currently African Potash (AFPO) would definitely fall into that category when you look at what was promised, and which induced the massive rise from around 0.3p, to what has actually been delivered so far to have justified that.
Published 2 August 2016, 06:22
On 6th January 2016 African Potash (AFPO) announced a major sales deal. Six days later it got away a bailout placing. Gradually over the months that followed that sales deal was shown to be bogus, a sham, not worth the loo paper it was written on. But at least the ramp allowed this AIM Casino posterboy to get its placing away. Now the bastards are at it again. 30 seconds on Google is enough to make you doubt a word this company says as it tries to get another bailout placing away. African is teetering on the verge of insolvency.
Published 4 August 2016, 01:30
Private investors who put their money into small AIM companies are often either incredibly gullible or the part of their brain which urges caution is blinded by greed – and this is largely why the market is able to function in the corrupt way that it does!
Published 2 August 2023, 08:50
I am in no doubt whatsoever that Chris Cleverly’s Tingo (US:TIO) is a fraud and a zero in waiting. I was the first bear to call it out almost a year ago at ShareStock* and the research by Nick Slocum, Hindenburg et al is damning. Claimed operations, customer contracts, customers and, I bet cash, simply do not exist. I have exposed the fraud of Cleverly and the antics of Darren Mercer for years, receiving lawyers letters and trolling in return but triumphing as it was the bad guys whose companies were fined and slung off UK listed markets. Not me. However, I had two calls yesterday coming in…Published 17 November 2023, 08:11
As things stand the suspension of trading in Tingo's (US:TIO) shares announced by the SEC on 14th November under Section 12(k) of the Securities Exchange Act 1934, is for ten trading days only so will expire on 28th Nov. However...Published 6 August 2023, 10:54
The most read non-Quiz, non-Tom article last week is by Steve Moore, Aptamer: “pleased to announce” proposed fundraise and board changes – a big 'up your’s' to investors from the not-long-ago 117p per share IPO!, at No 2 or No 5 including Bearcasts.
Published 2 March 2024, 09:58
As happens in the US when a company is slung off Nasdaq it heads to the OTC markets, the pink sheets. The real surprise of this is to allow shorts to close out and that brings us to Tingo (TIO) which now has the ticker TIOG and the shares are now trading at between 1.5 and 2.0 US cents having been suspended on Nasdaq at closer to a dollar. Of course, Tingo is a worthless fraud.Published 1 March 2024, 08:14
A reader flags up a very valid question for the company so desperate to distance itself from the stench of fraudster Chris Cleverly, Technology Minerals (TM1). It relates to the company co-founded by the first cousin of our esteemed home secretary James Cleverly, RecyclusPublished 8 February 2017, 02:08
Oh dear, Oh dear. Another source has come forward to expose yet another monstrous lie told by the fraud African Potash (AFPO) back in the autumn of 2015 as part of its pre bailout placing series of ramptastic lies. The undisclosed bungs, the $10m LOCs that did not exist, the bogus orders all were aimed at getting awasy the January 12 rescue bailout. It worked, the shares were ramped higher. But it was on the basis of lies. That is fraud. Let us rewind to 25 September 2015.
Published 31 December 2023, 07:48
Every year ShareProphets publishes twenty year-end tips, and these tips overwhelm the Most Read article leaderboard. So I have separated them out, then listed the most read articles and then the most listened-to Bearcasts over the past seven days. The most read non-Quiz, non-Tom article last week is Steve Moore with W.H. Ireland – interims argue “now in a stronger financial position as a result of the delivery of our cost efficiency programme”. Er, what about the bailout placing?! at No 1 or No 17 including Bearcasts and year-end tips.
Published 24 March 2021, 11:41
Amazingly, after all the lies, well documented on this website, that African Potash (AFPO) told before being slung off the AIM sewer and all the lies it has continued to tell under its new name of Block Commodities (BLCC) while on the joke Aquis Market, the shares remain listed. Lyin’ Chris Cleverly has, however, stepped down “to pursue other interests”. That announcement came as the company managed to find an adviser to act for it. I wonder if it was a condition.
Published 6 April 2025, 03:12
As usual, the most read non-Tom article, at number 1 or number 2 including Bearcasts is by Nigel Somerville, Ariana – Management Incompetence At Its Worst. Can It Recover? The most read non-Tom, non-Nigel article is MindGym – argues a “significant improvement in profitability”, but how “significant” really?… by Steve Moore.
Published 9 September 2021, 15:12
I start with the Chris Cleverly West Ham round-up and what says about our attitude to white collar crime in the UK. What it says disgusts me. I move onto Optibiotix (OPTI). I am still a bull but i explian to the company why it is so unloved. Then finally to Cineworld (CINE) a slam dunk short at 63p. This could be a penny stock after an inevitable debt for equity swap but, taking a 30 year view, I would not buy even then.
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