Insig AI – “pleased to announce” contract win & update, but what about funding?
Insig AI (INSG) “is pleased to announce that a London based alternative investment manager with in excess of $1 billion of assets under management has signed a development contract to deliver a centralised cloud-based data infrastructure”. With also a trading update and board changes, what of a current 28.5p share price?...
- By Steve Moore |
- 25 April 2022, 12:32 |
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BREAKING: Lombard Capital and the disposal to a convicted fraudster, jail bird & “mate” of Adam Reynolds
Since my last expose of the demining state of affairs at Lombard Capital (LCAP), things have gone from bad to worse. But now, enter stage left a man who was once the 57th richest person in Britain (or not), but then turned out to be a fraudster and was sent to the slammer. It gets better….
- By Tom Winnifrith |
- 25 April 2022, 12:29 |
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W Resources – Nomad and broker resign or are resigned: surely game over now?
Long-term Michael Masterman, of AIM dog W Resources (WRES), has announced that its Nomad, Grant Thornton, and its joint brokers, Alternative Resource Capital and Shard Capital, have all resigned with immediate effect. The question is: did they resign or were they resigned?
- By Tom Winnifrith |
- 25 April 2022, 11:15 |
UKOG – Yet Another Spoooooooooooof From Lyin’ Steve As A Proud Member Of The 1% Club
As we await the latest heavily discounted bucket shop bailout placing – or worse – from AIM-listed UK Oil & Gas (UKOG), we have already had ramptastic 2D seismic processing from its duff Turkish assets and this morning it was announced that CEO Lyin’ Steve Sanderson has been buying shares. Quick, follow the man……..or not!
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 25 April 2022, 10:42 |
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McColls – bullshit earnings warning, suspension warning & explicit warning that its shares are worthless
On November 17, I told you to short McColls (MCLS) at 14.5p, warning that, just months after a big placing, it was going to run out of money. Of course, everyone else knew better than old Tom. Today, the shares are 3.94p, and now, it is the company warning you the shares are heading for zero.
- By Tom Winnifrith |
- 25 April 2022, 09:15 |
Why the Oil Price Should Keep Bubbling Up
Hello Share Splurgers. It’s my humble view that anyone holding shares in companies which actually produce oil, rather than just look for it, should not sell. Not while the oil price holds up. Oil has not been valued quite so highly recently. But I think it’s probably only taking a breather before it jets off to new highs.
- By Malcolm Stacey |
- 25 April 2022, 09:11 |
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i3 Energy – farm-out delivery, but what’s the near-term outlook?
i3 Energy (I3E) has announced delivery on a farm-in by Europa Oil & Gas (EOG) to the New Serenity Block and it to “now commence the detailed planning and permitting process for the Serenity appraisal well, which we now expect to spud in late Q3”.
- By HotStockRockets |
- 24 April 2022, 17:30 |
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Schroder UK Public Private Trust (Former Woodford Patient Capital) – 2021 Results And Why The Shares Have Much Further To Fall
The Schroder UK Public Private Trust (SUPP) (formerly Woodford Patient Capital Trust, WPCT) announced its full year results for calendar 2021 on Thursday. The headline was that NAV was, after the company’s three-monthly recalculation with regard to its unlisted dross, 48.08p – strongly up from 35p at FY20. So good news?
- By Nigel Somerville |
- 24 April 2022, 13:05 |
The View From The Montana Log-Cabin As Gold (And Everything Else) Sells Off
That was quite a week – having started in risk-on mode, all the major indices were slapped down on Friday, US treasuries fell away yet again and gold and silver slumped as the week drew to a close. Gold ended the week at $1,932, down from $1,974 a week ago, having bounced off resistance at $2,000. Meanwhile the Dow closed down 2.8% on Friday, alongside a 2.6% drop on the Nasdaq and a 1.4% fall from the FTSE100. The 10-year US Treasuries closed the week on a yield of 2.9% whilst 2-year hit 2.67%. The reason for the end-of-week squall was the Fed.
- By Nigel Somerville |
- 24 April 2022, 12:55 |
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Tom Winnifrith Bearcast: Netflix and also why Malcolm Stacey is wrong, wrong, wrong!
I record looking up at the mountains behind the Greek Hovel. Why on earth are we heading back to Wales? I shall miss this place badly. Then, onto Netflix. Finally, I explain why Malcolm is wrong on shares generally, but also on Gear4Music (GFM), where the only unknown is the scale of the share price collapse, a process far from complete.
- By Tom Winnifrith |
- 24 April 2022, 08:53 |
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The ShareProphets Sunday Pub Quiz #138
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!
- By Darren Atwater |
- 24 April 2022, 08:24 |
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Sunday Long Reads: Predicting the Future, Escape From Auschwitz, Poisonous Gold, Deadly Pepsi, Imposter Nurse
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?
- By Darren Atwater |
- 24 April 2022, 08:23 |
Notes from Underground – Most read articles for the week ending 23 April 2022
These are the most-read articles and most listened-to Bearcasts of the week. The most read non-Tom is Centamin – Q1 Disappoints, Or Does It? by Nigel Somerville at Number 3 or Number 10 if you include Bearcasts.
- By Darren Atwater |
- 24 April 2022, 08:16 |
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BREAKING: The David Beckham backed pot play Cellular Goods buries bad news at 6.04 PM Friday night
Here in Greece, it was Good Friday but, for shareholders in Cellular Goods (CBX), it was anything but good. Having initially denied reports - on this website - that the Food Standards Agency (FSA) was banning its ingestible CBD products, evil PR genius, Neil Thapar, served up a dreadful admission to ruin folks' weekend. That makes his rather hasty “don’t panic” RNS of 11 April, look all the more disingenuous.
- By Tom Winnifrith |
- 23 April 2022, 16:52 |
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Ferrexpo – 2021 results, continuing to operate in Ukraine and Waseem Shakoor is buying, we agree: BUY
Iron ore pellet producer, Ferrexpo (FXPO), has announced results for the 2021 calendar year, and that it has continued to operate, launching a significant humanitarian programme to assist those directly impacted by the Russian invasion.
- By Tom Winnifrith and Steve Moore |
- 23 April 2022, 16:26 |
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Tom Winnifrith Bearcast: The CEO "grooming" mug punters claiming his insolvent fraud is worth £1.3 billion
The screen shot below is from a "private" telegram group which this crooked CEO clearly thinks folks like me or the FCA do not have acess to. Au contraire...
- By Tom Winnifrith |
- 23 April 2022, 15:54 |
So the Official Statistics Don't Look Good for Shares? Yes, but There Are Silver Linings.
Hello Share Toters. This old punter is downsizing. That means selling stuff on eBay. That was very profitable in the lockdowns as ordering by mail boomed. Now far fewer folks are buying my tasty gear. Latest figures on online buying bear me out. According to the Office of National Statistics, retail sales fell by an unexpected 1.4% in March. And February's sales figures were also revised down. Most of this decline being due to online selling.
- By Malcolm Stacey |
- 23 April 2022, 15:34 |
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Tom Winnifrith Bearcast - 2 challenges for loathsome Neill Ricketts of Versarien infamy
I start with Pure Gold (PUR) and today's utterly misleading release; the red flags do flutter in force here. The onto Kefi Minerals (KEFI), where 'arry bloody Adams does not understand why his NEDs are 100% discredited. Finally, I have two challenges for loathsome Neill Ricketts, as he steers Versarien (VRS) towards a crash landing.
- By Tom Winnifrith |
- 22 April 2022, 17:40 |
Itaconix – “New Funding to Support EU Volumes”… or is it?...
A “New Funding to Support EU Volumes”-titled announcement from Itaconix (ITX), with it “pleased to announce a… subscription with existing institutional shareholder IP Group entities and management”. So what’s the detail and its implications?...
- By Steve Moore |
- 22 April 2022, 16:10 |
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BREAKING EXPOSE: Oilex - more share price manipulation and claims of insider information being leaked
A couple of weeks back I wrote a piece here about how the share price of Oilex (OEX) was being manipulated, with all sorts of claims being made from some people about being told information that wasn’t in the public domain.
- By Gary Newman |
- 22 April 2022, 12:59 |