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.

An upbeat trading statement from Tortilla Mexican Grill (MEX) tries to paint a bright picture for this member of the shamed IPOs class of 2021 - listing at 180p on October 8 with founders dumping £23 million of stock, share price today 125p. But buried deep in the release is a clear warning of troubles ahead.

AIM-listed Barkby Group (BARK) has released a trading update for its year ended 2 July 2022, along with an update on strategy. The former sees an unaudited bottom-line loss of £0.8 million whilst the latter implies there has been a strategic review – uh-oh!

Standard-listed Panther Metals (PALM) shares have been struggling of late – nobody wants Gold shares. As a natural contrarian, this is music to my ears even if the value of my handful of shares has been on the slide for some time. Last week brought some news – and the market, largely, ignored it.

Hello Share People. The Footsie jumbo Johnson Matthey (JMAT) has had a hard time of it of late. Both myself and my much brainier colleague Chris Bailey have commended the company to you in the past. But it’s yet to sparkle. Never mind, I think the shares have been oversold, given the better times that seem to be ahead. 

A most recently published, 30^th September 2021, balance sheet from 600 Group plc (SIXH) showed current assets of $36 million outweighed by total liabilities of $39.3 million, with that including net debt of $14 million. However, in April the group completed the Machine Tool Solutions division sale which has transformed its financial position and outlook. The share price does not look to reflect that at all.

I was reading the other day that 60/40 investors (60% equities and 40% bonds) in the United States have so far this year had their 1937. No surprise then that any investors who have only seen (or remember) the “everything is awesome” views of the last twelve or so years are a bit worried. Of course, those of us who remember the world before 2010 know there are always plenty of periods of volatility in the world’s financial markets. People should try and relax a bit more however. After all putting all your money under your bed or into a new and more expensive house is far from smart either. Anyhow - as far as your pension fund goes - when people are getting fearful (greedy) then you should be getting greedy (fearful).

The Mrs arrives in a few hours so I record early so that Joshua and I can tidy up the hovel and car in order to ensure a harmonius reunion. I am sure all men know how I feel when your other half has spent a few daysd away from home allowing you to make the sort of mess only men can make. In the week coming up I shall be chatting to Yair Tauman the new supreme ruler of ADVFN (AFN) about various matters but mainly about how the sewer that is the ADVFN Bulletin Board can be improved. I share my views with you, noting some recent extraordinary market abuse on the Optibiotix (OPTI) thread, but also invite you to post your views in the comments section below and, as long as they make sense, I shall relay them to Yair.

Good lord! We’ve been running the Sunday Pub Quiz for 150 weeks now? I thought it would fizzle out within the month. No matter, grab a cup of tea, sit back, and test your knowledge against the other ShareProphets members. Write your score in the comments, there are no prizes, and most important of all – no Googling!

In its latest letter to those conned by Neil Woodford which is strictly priovate and confidential sdo I have published in full below, law firm Harcus Parker explians how thingsd are now hotting up with more than a thousand claims now submitted, what its case is and what wreteched defence Link is trying to use. As this heads towards court it seems that Neil Woodford's threatened comeback is stalling. I can't think why! Link may be the defendent but it is Woodford's skulduggery, deceipt and incompetence which will be exposed in Court. Enjoy. 

Here are five long reads that have nothing to do with shares. Put the kettle on, find a comfy chair. You have the time, don’t you? 
 

I was sitting in a pub in Vancouver drinking a Tart Pineapple Grisette and I had an epiphany. When I got home, I yanked out some wires from the ShareProphets server and now it should be running much faster for everyone now. I also fixed something that had changed and messed up the layout on smartphones, which had bugged me for awhile. Let me know in the comments if you are not seeing faster loading or still seeing general wonkiness.

These are the most-read articles and most listened-to Bearcasts of the week. The most read non-Tom article is I think Kistos is taking the piss with its offer for Serica and expect shareholders to reject it by Gary Newman at number two or number five if you include Bearcasts.

Writing on OptiBiotix Health (OPTI) last month with the shares at 21p to buy, we noted clear news flow potential to spark the shares.  We drank our own medicine with Tom Winnifrith buying more shares in the market at c22p. They are now further up at 37p on the back of a “Joint development agreement signed with Firmenich”-titled announcement.

It is quite clear that Ironveld Resources (IRON) is a serially underperforming AIM dog and that its management should be held to account. Since Giles Clarke took the helm its shares have plunged from 4.5p to just 0.35p.  But Giles is a top fellow who went to Rugby School, then Oxford and was head of the England and Wales Cricket Board so we are not allowed to say what a crap job he is doing and how he should never be allowed to run an AIM company again. Clarke is a jolly fine fellow and anyone who says otherwise is just a smelly oik. Step forward professional northerner Richard Jennings.

I start with some advice from Greece on coping with the heatwave. Then it is Jennings versus Ironveld (IRON) and why - in this case - you really should back Jennings. Finally re Fevertree (FEVR) what do you make of the photo below? And why its dividend should be chopped. And why it is still a short whatever PL suggests.

I note that AIM-listed Scirocco Energy (SCIR) now sees its market capitalisation (according to ADVFN) down at just £2.3 million, having deteriorated from £3 million a few days ago. The reason appears to be two after-hours no-one-is-watching o’clock RNS announcements which were released at 6:10 pm on Tuesday and 5:09pm last night. They concern the Ruvuma disposal, which some shareholders are not very happy with.