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STX
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The Shield Therapeutics short – how’s the cash crisis going, fellas – what are your auditors saying?

When I suggested Shield Therapeutics (STX) was a nailed-down short, on the basis that it would face a cash crisis by May, my analysis was met with derision by Bulletin Board Morons. “He does not understand biotech, he does not understand Shield, he’s a failed fund manager, he is ALWAYS wrong, he works in a pizza store, he’s fleeing the UK to Greece to avoid jail”, were some of the more polite comments. It is now May, and the shares are just 17p to sell. So, what next?

AVG

Canny Conglomerate that Likes to Snap Up Light Engineering Outfits could Build on Previous Success

Hello Share Dabblers. Let’s take a look at a firm that takes an interest in niche light engineering companies that may not be realising their true potential. Avingtrans (AVG) buys up such outfits and includes them in its subsidiaries. Then it turns them around, perhaps to sell on. It’s been doing that for ten years and has seen success along the way, rewarding its investors with some jolly dividends too.

CMH

Chamberlin – property sale and leaseback, for growth strategies or not?...

Castings and engineering company Chamberlin (CMH) is “pleased to announce” it has exchanged contracts for a property sale and leaseback with £1.25 million of proceeds. What of a share price response up towards 5p?...

Bearcast
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Tom Winnifrith Bearcast: I don't know what option would make me more angry

The reference is to the fact that there is only 1 candidate in the local elections where I live and he is a king sized dickhead. From that I move onto interest rates and why they should have been increased by more than 0.25%. Of course we should not be in this inflationary mess anyway. Then it is onto  Vast Resources (VAST), Trainline (TRN), Seraphime (BUMP),Parsley Box (MEAL) and musicMagpie (MMAG). I will try to complete my long promised share purchases tomorrow and to discuss them then.Thank you to all who have donated to Rogue Bloggers for Woodlarks.  We are now at 15% of target but still 97% of Bearcast listeners have yet to chip in. Come on, just a fiver or a tenner: please do donate now HERE. PS The reference to Kirstie Allsop and a podcast is about this one HERE

DCTA

Directa Plus – 2021 results, how “comfortable” with forecasts?...

Producer and supplier of graphene nanoplatelets-based products Directa Plus (DCTA) has announced 2021 results emphasising “revenue and profitability which have exceeded consensus market expectations” and “a number of exciting opportunities in our targeted markets”. So what of a current 121.5p share price?...

Crime-Scene
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Disgraced Alexander David brought down by Appointed Representatives: FCA now puts firm into deep freeze

If the FCA was not so bloody useless it would have closed down Alexander David Securities Limited (ADSL) for acting for overt frauds such as US Oil & Gas (USOP), helping them to con investors and raise money which they will never see again.  But no.. the FCA waited to act until June 29 2020 and it was not ADSL’s own crimes that landed it in the soup.

EAAS
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E Energy – after a second warning when’s the bailout placing?

Some of those who know him say that Eenergy (EAAS) CEO Harvey Sinclair is arrogant and unpleasant. After the second profits warning of 2022 I supect that he is a bit less arrogant but as he ponders a looming funding crisis, probably more unpleasant. Advisers to this green energy play might be asking how I can suggest that there have been two warnings and why a bailout placing is almost inevitable. Here goes.

BUMP
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Seraphine – having listed less than a year ago, is ANOTHER profit warning really ‘demonstrating strong business model fundamentals’!?

Previously writing on maternity and nursing wear group Seraphine (BUMP), in February with the shares down towards 70p I noted having listed little more than 7 months ago… a lack-of-profits warning AGAIN! concluding that the deteriorating balance sheet and track record since listing meant it remains Bargepole. Now a “Year End Trading Update”...

TRN
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Despite today’s rising share price, my view is keep avoiding shares in Trainline

It is no surprise to see Mondi (MNDI) shares up over 6% today after its positive trading update out after the close yesterday. I am a bit of a fan of both Mondi and its rough peer DS Smith (SMDS) as mentioned about both of them back in March, but a FTSE 350 name I’ve not been a fan of is Trainline (TRN). So why has its full year numbers today pushed the shares up by nearly 5%?

FRES
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Fresnillo – Q1 production ‘on target’, Buy

Fresnillo (FRES) has announced first quarter of the year production including attributable silver production of 13.28 million ounces and gold production of 0.15 million ounces and that, despite challenges, “2022 guidance remains unchanged”.

IOF
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Arron Banks – not just a Brexit bad boy but a spiv

Yesterday I flagged up that Arron Banks, the self styled Brexit bad boy – was tweeting about Iofina (IOF) where he had a disclosable stake.  Bankski teased “ I’ve Got plans for Iofina.” The shares ticked higher. Today a TR1.

TRR

Why I'm Keeping my Loyalties to Trident Royalties

Hello Share Sorters. This old punter has suggested before you look at a mining umbrella outfit called Trident Royalties (TRR). This support has just been bolstered by an encouraging ‘activity report’ for the first quarter of the year.

IOF
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Brexit Bad Boy Arron Banks is such an Iofina tease

Having previously attempted regime change at Iofina (IOF), the self style Brexit bad boy Arron Banks cannot be considered a passive shareholder. And hence this tweet from him yesterday has seen Iofina shares nudge higher. Arron you are such a tease. But doesn't flagging up that you are up to something make you a bit of an AIM bad boy?

OEX
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Oilex placing news shows that all those claiming to have inside information were all lying

I’ve previously written here about the attempts by some to manipulate the share price of Oilex (OEX), and particularly with regards to an upcoming placing, but that will come to an end now that the company has released the actual details.

Bearcast
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Tom Winnifrith Bearcast: BP "record profits" a $23 bn loss & windfall tax economic illiteracy

I start on BP (BP.) and the crap talked about record profits, its actuall losses and a windfall tax.  Then I look at the Love Hemp (LIFE) scandal and who should go to jail.Then at madness at Vast Resources (VAST) and McColls (MCLS) and at why I cannot recommend a purchase in Minoan (MIN) and have not for a long time but will not stick the knife into a man who helped save my life. I look at why some Open Orphan (ORPH) shareholders should sue iii.co.uk.  Finally I have a look at Boohoo (BOO).  PS I will mention my new share purchases tomorrow if I can sort out a bit of paperwork. And PPS Thanks to the new donors to Rogue Bloggers for Woodlarks.we are now at 11% of target ( £5,582) but still98% of listeners have yet to donate. I am sure you can afford a fiver or a tenner, please give now HERE. 

JOUL
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More challenges at Joules Group

Whilst Aston Martin Lagonda (AML) shareholders may be pleased that their shares are up over 6% today, it still remains a comedy investment. I am sure the cars are very nice but despite all the chat about 2022 guidance maintained and a “successfully launched DBX707 ahead of Q2 deliveries”, the reality is still centred on losses and higher net debt levels. It remains a car company controlled largely by the rich for the rich. Despite the wealth of its Chairman and the 92% share price fall since its most recent IPO in 2018, it remains an avoid for me (at many levels). So if fast and flashy cars are not really my thing, what about the “premium lifestyle brand and group with an authentic  heritage and values of family, fun and joy in the countryside” offering of Joules Group (JOUL)?.

LUCE

Luceco – states results challenges “previously highlighted”. Were they?...

Manufacturer and distributor of wiring accessories, EV chargers, LED lighting and portable power products, Luceco (LUCE) has announced “Q1 2022 revenue was 3% lower than Q1 2021”, though states that is with it having “previously highlighted the challenge of repeating 2021's record results, which delivered adjusted operating profit more than double pre-COVID 2019 levels, including a particularly strong H1 2021 performance”. So why a current share price response to around 145p, more than 25% lower?!...

AEXG
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AEX Gold – 2021 results, significant news flow soon...

AEX Gold (AEXG) has announced 2021 calendar year results and that it “is very well placed for the year ahead and investors will have a lot of news to digest”.

ARB
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Argo Blockchain takes on junk bond debt but at least it is not dilutive. But it could be!

Of course CEO Peter Wall (who dumped shares at 243p a year ago AFTER starting sounding out folks about a 200p per share placing) insists that this debt is not dilutive. Really?

CINE
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Cineworld – another sign of the financial crisis engulfing it: target price buttons

The Mrs is threatening to take me on a hot date to see Downton Abbey at our local Cineworld (CINE). With a seventeen month old baby, any date will do. Even that one.  But will even our custom be enough to save Cineworld’s shareholders from losing almost everything? Er…no. There is more bad news today, signs that Cineworld really is scrabbling round at the back of the sofa for any loose change.

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ANP

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Bearcast issue update: all should be well

 

ORCP

Oracle Power: Cynical Foul

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