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Bidstack – can a moron do maths, after dire trading statement? It appears not.
Sales are vanity, profits come down to opinion. Cash, however, is a matter of fact. In that vein, one wonders if, after today’s dismal trading statement, Bidstack's (BIDS) moronic shareholders can do basic maths. If they can, they will sell their shares first thing.
- By Tom Winnifrith, the Sheriff of AIM |
- 7 July 2022, 10:54 |
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Why Smug Sam Smith quit as FinnCap CEO - nothing to do with leg over, Peel Hunt warns
The notion that Sam Smith quit in order to get her leg over, is this morning blown out of the water by a Peel Hunt AGM warning. If Peel is getting battered, how do you think its notably inferior rival, FinnCap, is doing? When is your warning, your smugness? With results in the next couple of weeks, I suggest.
- By Tom Winnifrith |
- 7 July 2022, 10:10 |
Outfit that Treats Poorly Animals Is Set for A Glowing Future, Even in Hard Times
Hello Share Shifters. Given the wobbliness of the markets, it probably pays to seek out defensive shares i.e. those that can withstand the rigours of a recession. One such candidate for your attention is Dechra (DPH). This is a pharmaceuticals company that serves animals. And we all know that, in Blighty, one of the last thing people will curtail their spending on is the health of their pets.
- By Malcolm Stacey |
- 7 July 2022, 09:12 |
Ten Entertainment – “record-breaking” performance, but how sustainable is it?
Writing a year ago on UK bowling and ‘family entertainment’ centres group Ten Entertainment (TEG) I concluded with the shares at 248p whilst the demand situation normalises, currently on the watchlist. So what about now, following a trading update for its half year ended 26th June 2022?
- By Steve Moore |
- 6 July 2022, 17:14 |
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ProCook – why on earth pay a dividend? Reckless folly!
Results for the year to April 3 2022 - out today from Procook (PROC) - were made irrelevant when, on 10 June this year, the company issued a dire profits warning. But for what it's worth, the results are shite.
- By Tom Winnifrith |
- 6 July 2022, 16:21 |
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Tom Winnifrith Bearcast: Malcom is wrong, as Tesco dumps Whiskas
I start with the fate of PM BlowJo. He is toast, but it does not matter: nothing will change, whoever fills his shoes. Then, it is onto Tesco ditching Whiskas. Our cats are already on Tesco's own brand, supplemented by the local wildlife - but what does this say about inflation and corporate earnings? After that, I discuss Malcolm Stacey, and why he is so wrong on Zoo Digital (ZOO). Finally, I look at Cineworld (CINE) and AO World (AO.). The former stays silent on the big issue, and is a 2022 zero. The latter has 21 months until the Fat Lady's performance, notwithstanding today's fundraise.
- By Tom Winnifrith |
- 6 July 2022, 15:49 |
ActiveOps – “pleased to announce” full-year results. Really?
Previously writing on ActiveOps (AOM), in March with the shares down to 97.5p I concluded that with the valuation still a significant premium on tangible metrics I’d still currently avoid. With the shares having last closed at 74p and the self-described “leading provider of Management Process Automation software” now “pleased to announce its unaudited results for the financial year ended 31 March 2022”, what’s the outlook from here?
- By Steve Moore |
- 6 July 2022, 15:15 |
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Asiamet has been my worst mining investment with constantly missed deadlines - should I bail & give up?
Asiamet Resources (ARS) has turned out to be my worst ever investment in a mining company, in terms of percentage loss anyway, and has been a great example of what happens if as a company you continually miss deadlines.
- By Gary Newman |
- 6 July 2022, 12:47 |
Attraqt – “pleased to provide” trading update, but outlook deterioration?
Previously writing on search, merchandising, and product & content technology group Attraqt (ATQT), in April with the shares at 30.5p I questioned whether it was well positioned to deliver on its growth strategy and concluded to avoid. The shares last closed at 25p... and now what of a trading update today?
- By Steve Moore |
- 6 July 2022, 12:29 |
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Trainline get excitement ahead of a webinar for investors and analysts
I noted a couple of months ago on Trainline (TRN) that the stock was a “distinct Avoid for me…in a year’s time it might announce a full year 2023 profit but it would not surprise me if the share is once again c. two quid and not the current c. three quid share price by then”. Why then are Trainline shares up over 15% today?
- By Chris Bailey |
- 6 July 2022, 11:31 |
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AO World – £40m Placing and Primary Bid offer – thanks, but no thanks
Having insisted that it was on track to hit forecasts (which included an improved cash position), AO World (AO.) has today announced a £40 million institutional book build and Primary Bid Offer, at 43p – last night, the shares were 47p. So, should you consider an investment? Er…no.
- By Tom Winnifrith |
- 6 July 2022, 09:30 |
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Predator’s Lonny Baumgardner misleads investors, as he unleashes Twitter diarrhoea
The shameless ramper is at it again. Yesterday, the boss of Predator Oil & Gas (PRD) unleashed a Twitter volley, as shown below. The last tweet is, arguably, the sort of material that should be left for an RNS. This is a massive red flag, especially when Lonny is actively deceiving. I underline one tweet that is simply not true.
- By Tom Winnifrith |
- 6 July 2022, 09:05 |
Zoo Results Delayed but Is It Ow't to Worry About?
Hello Share Gatherers. You’ll have read before that I favour Zoo Digital (ZOO), a Sheffield outfit that does indispensable work in the film and tv industry. I was writing a piece based on that it was announcing its full year numbers today, which I expected to be rosy, however instead news came in that the results have been delayed.
- By Malcolm Stacey |
- 6 July 2022, 09:01 |
SmartSpace Software – trading update, hybrid working confidence?
Previously writing on ‘smart’ buildings and commercial spaces software company SmartSpace (SMRT), in February with the shares up to 73.5p I concluded that with the financial uncertainty and the valuation I continued to avoid. What now, following a trading update and the shares up in response, though currently 58p?
- By Steve Moore |
- 5 July 2022, 17:16 |
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Tom Winnifrith Bearcast: Will Lucian Miers survive Thursday Night?
As a Scottish Catholic, Lucian Miers will support Norway this Thursday. I think this is unwise, as we are sitting amongst the Northern Ireland supporters. I'll have to explain to fellow members of the GAWA that Lucian is a Fenian, hence his sudden love-in with the land of Quisling. On shares, I look at Edenville Energy (EDL) and its new board member, Paul Ryan (remember him?). Then, I discuss Central Copper Resources, Cineworld (CINE), and Purplebricks (PURP), which, ceteris paribus, will go bust in a year.
- By Tom Winnifrith |
- 5 July 2022, 16:12 |
Quiz plc – “very encouraging” full-year performance? And how’s the outlook?
Previously writing on omni-channel fashion company specialising in ‘occasion and dressy casual’ womenswear Quiz plc (QUIZ), in January with the shares up to 16.65p I concluded that the noted financials saw me remain cautious of a still more than £20 million market cap here. So what of now stated “very encouraging FY 2022 performance with very strong revenue growth and a return to profitability”, and the shares currently at 10.25p?
- By Steve Moore |
- 5 July 2022, 15:29 |
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Ben’s Creek: What’s the Story, Margin glory (Not)
Oh, what a roue is that John Story. Breaking lock-ins at Cellular Goods (CBX). Consequently fired from Escape Hunt (ESC). Pumping the Chill Brands fraud with podcast lies, and subsequently engaging with Seth Freedman, of Harvey Weinstein infamy, to harass and menace me. Now, we turn to Ben’s Creek (BEN), the coal promote of disgraced Adam Wilson.
- By Tom Winnifrith |
- 5 July 2022, 14:58 |
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Despite unconfirmed rumours of delays, Touchstone Exploration remains a good speculative buy!
Touchstone Exploration (TXP) seems to be suffering from rumours on a Telegram group that there are delays to its Cascadura gas asset reaching into production, and this has caused the share price to plummet, currently down over 11%.
- By Gary Newman |
- 5 July 2022, 14:35 |
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Don’t forget the golden rule: whoever has the gold makes the rules
Straws blowing in the wind are often said to presage great tempests and I believe that this chart shows just such a straw.
- By Peter Hambro |
- 5 July 2022, 14:34 |
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Supreme – argues full-year trading “delight”. Not for this year though!
In May I noted on ‘fast-moving consumer products’ company Supreme plc (SUP) that it stated that it “continues to trade well and looks forward to updating the market further at the announcement of its year end results in July”, but that I noted clear challenges and, at a 135p share price, I continued to avoid. Today that results announcement.
- By Steve Moore |
- 5 July 2022, 12:53 |