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Peel Hunt – full-year results, ANOTHER AIM IPO Roll-Call of Shame...
Mid and small cap broker Peel Hunt (PEEL) has announced results for its year ended 31st March 2022 including emphasising “good progress against our strategic priorities”. So of what the shares currently down to 114p, a £140 million market cap?...
- By Steve Moore |
- 9 June 2022, 13:03 |
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It is not about the rear-view mirror – add to Fevertree short
Lucian Miers wrote here a couple of weeks ago about Fevertree (FEVR) where he remains short. There may be some people laughing at him as the fizzy drinks group fairly promptly served up a trading statement suggesting that it was on track to meet forecasts. But that is looking in the rear-view mirror. What is important is what happens going forward.
- By Tom Winnifrith |
- 9 June 2022, 09:25 |
Kefi Gold & Copper – 2021 results, an ahead of Tulu Kapi project debt financing Buy?
Kefi Gold & Copper (KEFI) has announced calendar year 2021 results and emphasises now a “focus on a sequential development path to build a mid-tier mining company with aggregate annual production of 365,000 ounces of gold and gold equivalent, in which KEFI will have a beneficial interest of 187,000 ounces of gold and gold equivalent”.
- By HotStockRockets |
- 9 June 2022, 09:18 |
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EXPOSE: Argo Blockchain is taking you for idiots, as more shares handed to its mates
It is back to that Helios deal, which, as Boatman Capital revealed, saw Argo Blockchain (ARB) pay up to $17.5 million for $200,000-valued land. The owners of DPN LLC - bought to acquire the land - were former Argo stockholders. Small world, innit? Now, it gets far worse.
- By Tom Winnifrith, the Sheriff of AIM |
- 9 June 2022, 09:11 |
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Nostra Terra - still hiding the awful truth from its mug investors!
Yesterday I flagged up how Nostra Terra Oil & Gas (NTOG), run by disgraced Matt Lofgran (Praise be the Lord) of consorting with convicted fraudsters at Elephant Oil infamy, was hoodwinking its investors by releasing selected highlights of its 2021 annual report via RNS but no actual report. I suspect that the full report may contain words of warning from the auditors. It damn well should do.
- By Tom Winnifrith |
- 9 June 2022, 09:11 |
Here's Another British Jumbo with a Share Price that Could Ride the Oil Bandwagon to the Stars
Hello Share Mates. This week I’ve reviewed Shell (SHEL) and Tullow (TLW) in the oil game. Today let’s take a gander at another likely contender to continue growing its share price: the mighty BP (BP.).
- By Malcolm Stacey |
- 9 June 2022, 09:10 |
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Tom Winnifrith Bearcast: with a hat tip to reader, Jim, on the Isle of Man
Given it is hammering down here in North Wales, I bet Mr Mellon is somewhere far sunnier than Port Erin. The graphic below is from him, and I discuss it in detail. Then, I look at those determined to ignore clear warnings, ref Petropavlovsk (POG). I cover incomplete and thus, potentially deceptive, RNS statements ref. Nostra Terra Oil & Gas (NTOG), before assessing Fulham Shore (FUL) in detail. With gift aid, we have now raised £19,700 for Rogue Bloggers for Woodlarks - please help us reach the £20,000 landmark today (D-3 days), HERE. Finally, my podcast on falling out with Dominic Frisby, 1939 and all that can be accessed, HERE.
- By Tom Winnifrith |
- 8 June 2022, 15:36 |
Xeros Technology – “delighted with the progress made by IFB”. Really?...
Xeros Technology Group (XSG) has announced a “launch update” including emphasising that it is “delighted with the progress made by IFB ahead of the launch later this year of the world's first domestic machine incorporating Xeros' technology”. So what of a current little changed circa 32.5p share price?...
- By Steve Moore |
- 8 June 2022, 15:30 |
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Evil Banksta explains why, with my 2p price target, I am far too kind to Cineworld
I estimate Cineworld (CINE) is worth c. 2p per share, as noted in yesterday's bearcast. Perhaps my greatest flaw is overkindness. It is a real failing, with which I constantly struggle. Anyhow, Evil Banksta - being a banksta - has no such problems, and takes me to task for my generosity. He explains:
- By Tom Winnifrith |
- 8 June 2022, 12:50 |
Itaconix – 2021 results, “well positioned for growth in the coming years”. Really?...
Previously writing on company which describes itself as “a leading innovator in plant-based specialty polymers used as essential ingredients in everyday consumer products”, Itaconix (ITX) in April with the shares above 5p I concluded ‘with, I suggest, further bailout funding still likely to be required, still avoid / sell’. So what of today-announced full-year results?...
- By Steve Moore |
- 8 June 2022, 12:25 |
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If you don’t love office property in London, you won’t want to buy shares in Workspace
Back in November 2020 I noted about Workspace Group (WKP), the “leading provider of flexible space for London’s brightest businesses”, that it was “fortunate it does not have the huge legacy debts of many of its commercial property peers, so it will survive…but the structural headwinds are still most clearly there: fewer clients wanting more discounts”. The shares have gone a bit up and a bit down since then but, despite being up about 1% this morning to a 732p share price after full year numbers, they are basically unchanged over the last nineteen months or so. In short no disaster…but what should investors think now?
- By Chris Bailey |
- 8 June 2022, 11:35 |
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Is Nostra Terra Oil & Gas misleading investors about a material uncertainty?
This is not rocket science, but I suggest to you that devout Christian, Matt Lofgran (praise be the Lord), and London’s worst Nomad, Roland "Fatty" Cornish, may be deceiving their investors. Here's why.
- By Tom Winnifrith, the Sheriff of AIM |
- 8 June 2022, 11:05 |
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It is Paul Shackleton's first day at top Nomad, Peel Hunt - a reminder of his work as an enabler of fraud
I guess that enabling crime does pay. But if bosses at Peel Hunt had a shred of integrity they would not be welcoming corporate financier Mr Paul Shackleton through the front door today. Indeed, they would be joining me in suggesting that Shackleton should never ever work in thee City again. AIM is a sewer not only because it is home to so many frauds but because of men like Shackleton who enable fraud. Below is a link to a £185 million court case about a fraud where Shackleton was a, if not the, key enabler.
- By Tom Winnifrith, the Sheriff of AIM |
- 8 June 2022, 09:43 |
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The fraud Eden Pharma gets its promised listing but guess where? And you can't actually trade the shares!
In recent weeks the cannabis fraud Eden Pharma has been tapping up marks aggressivly promising an imminent stockmarket listing. Amazingly it has delivered. Well sort of. It is now the 51st company to list on the Merj Exchange in the Seychelles. The admission document below is a hoot, dripping in red flags. And there is a catch..
- By Tom Winnifrith |
- 8 June 2022, 09:25 |
Rurelec – FY21 Results Show It Is Squeaky Bum Time (Again…..)!
I commented only last week that whilst the receipt of $748,400 on a loan from Argentina was a welcome development, I wasn’t sure it was enough to keep the wolf from the door at AIM-listed Rurelec (RUR) – the carcass left behind after it was run into the ground by Peter Earl. Today, at 2.38pm, the company slipped out its results for calendar 2021. So how’s the cash position?
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 8 June 2022, 09:25 |
Tullow Followers could Benefit from the Planned Merger and Perkier Production
Hello Share Scrapers. This old punter once nearly sold his Tullow Oil (TLW) shares by mistake. The price then was around £6, so I wish I had done. That’s because today’s price is around 54p. Never mind, it was a long time ago. And I think the huge rise in the oil price hasn’t galvanised Tullow’s share price as much as it should have done. Mayhap it has some catching up to do. Also, Tullow looks like becoming bigger as it plans to merge with Capricorn Energy (CNE), formerly Cairn Energy, a British explorer and producer of oil and gas.
- By Malcolm Stacey |
- 8 June 2022, 09:14 |
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Haydale – Trading Update: Surely This Is Placing Ahoy!
AIM-listed Haydale (HAYD) has offered up a trading update ahead of its full year to June 2022. Apparently all is well, with revenues ahead of expectations but is that really the case?
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 7 June 2022, 17:18 |
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Parsley Box – director shares purchase a Spoooof?...
A “Director Dealing” announcement from Parsley Box Group (MEAL) today and the shares are currently up approaching 3% in response to give a £13.4 million market cap. Some good news then?
- By Steve Moore |
- 7 June 2022, 17:15 |
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Tom Winnifrith Bearcast: Time to double up on the Shield Therapeutics final collapse, the money's almost all gone!
On 18 February, at 25.5p to sell, the big bear call was greeted with abuse from BB savants, who, unsurprisingly, always know better. Shares in Shield (STX) are now 14.6p, and the final collapse to c. 5p is now set to begin. Double up on your shorts. In this podcast, I discuss Argo Blockchain (ARB); Nostra Terra Oil & Gas (NTOG) and its unsavoury CEO, Matt Lofgran - praise be the Lord; then, I look at Genflow Biosciences (GENF), as its shares continue to tank; Challenger Energy (CHAL); Eurasia Mining (EUA); and Petropavlovsk (POG), where the target remains 0p. Finally, I remind you that Rogue Bloggers for Woodlarks is just 4 days away, and we are at 34% of the target. If among the 92% of listeners yet to donate, do give a fiver (or a tenner), HERE.
- By Tom Winnifrith |
- 7 June 2022, 16:45 |
Gooch & Housego – interims; still, at best, little room for any disappointment?...
Previously writing on optical components and systems manufacturer Gooch & Housego (GHH), in February with the shares at 1045p I concluded that previously noted forecast earnings per share approaching 42p this year, up from 41p delivered last year, suggested, at best, little room for any disappointment and a risk/reward avoid. So what of half-year results today, and the shares currently at 900p?...
- By Steve Moore |
- 7 June 2022, 15:44 |