premium content
Cineworld and the £3 weekend a triumph but an irrelevant one
It would be churlish not to concede that if the aim of Cineworld’s (CINE) £3 tickets on Saturday was to pack cinemas, then the company succeeded. I am hearing numerous reports of packed theatres and even of some folks being turned away as all seats were sold out. Assuming that the folks buying the tickets gorged on diet Pepsi and sweet popcorn as is the norm, then Cineworld will have been profitable this weekend just gone. But …
- By Tom Winnifrith |
- 28 February 2022, 11:39 |
premium content
Sub-Standard AIQ Delivers Sub-Standard Results – And Another MASSIVE 5% per day Red Flag. This Is Sell With Bells On
I noted yesterday that FY results from sub-Standard-Listed AIQ (AIQ) were due today. To leave one’s results to deadline day is of itself at Red Flag, but a brief nose through the numbers what a horrific shambles has been made of this VSA Capital/ Andrew Monk IPO from 2018. Fortunately, ShareProphets readers were warned right from the off.
- By Nigel Somerville |
- 28 February 2022, 09:30 |
Segro Shares could Rise Allegro as Demand for Business Space Stays Firm
Hello Share Pickers. When a company goes for a hundred years growing, you can expect your investing money to be a bit safer than it might otherwise be. Segro (SGRO) is a property company that began in the roaring twenties as Slough Estates. It develops and invests in property located in the UK and Europe focusing on business space at the edge of town.
- By Malcolm Stacey |
- 28 February 2022, 08:15 |
premium content
Eurasia - four months of bidder silence, this defies belief
Tomorrow will be four months since Eurasia Mining (EUA) announced that its supposed “Buyer” had completed due diligence for its supposed asset sale. It’s two years and four months since Eurasia first announced that its assets were up for sale and yet still, shareholders have no idea what assets are for sale, what the sale price is, who the supposed Buyer is or when a sale might complete. Given that Eurasia is mining in Russia it should come as no surprise that its share price has collapsed since my last update – down another 36% since then, a total decline of 64% from the 40.5p share price peak in November 2020.
- By Evil Banksta |
- 27 February 2022, 18:29 |
premium content
Five Slam-Dunk Sells For 2022 – End of February Update as Tern has 31 days to avoid disaster
We are (almost) at the end of February and the world appears to have changed very much for the worse. So how are my five slam-dunk sells of Tern plc (TERN), Trafalgar Property (TRAF), URU Metals (URU), Barkby Group (BARK) – all on the AIM Casino – and AIQ (AIQ) of the sub-Standard List doing?
- By Nigel Somerville |
- 27 February 2022, 17:25 |
Jule Meyer tweets - a bit too late to use this line which is bonkers anyway
The deadwood press, notably CityAM, really seems to have it in for its former columnist Julie Meyer, dredging up “revelations” that appeared on this website months and years ago as new examples of her unwillingness to pay debts as they fall due. In response to this sewer plagiarism, Ms Lingerie on Expenses has hit back with the tweet below. As ever she is bonkers.
- By Tom Winnifrith |
- 27 February 2022, 15:03 |
Video: Rate Hikes Will Kill Wall Street
Bullion manager Stephen Flood says his company is seeing a lot of demand due to inflation concerns. The broader consumer base is not interested in buying gold but he expects this will change. He claims that we’re seeing seven percent inflation and it’s likely much higher. It’s not going to take long for money to halve in buying power.
- By Tom Winnifrith |
- 27 February 2022, 14:39 |
premium content
Sunday Long Reads: Last of the Department Stores, Successful Estate Agent, Secret Taliban, Inside Pornhub, New Goldfish
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 |
- 27 February 2022, 13:08 |
premium content
A word or two on ‘scrambles to stave off collapse’ at McColl’s and then onto problems at (John) Wood Group
Two stocks to talk about today. You may remember back in December I observed about McColl’s (MCLS) after observing plans for change – and a troubled balance sheet – at the convenience shop and newsagent operator, ‘whilst I am going to keep watching this one, I am not buying today’. That was smart as the shares have fallen from c. 10p when I wrote in December to about 7p on Friday.
- By Chris Bailey of Financial Orbit |
- 27 February 2022, 13:06 |
premium content
The ShareProphets Sunday Pub Quiz #130
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 |
- 27 February 2022, 12:59 |
Notes from Underground – Most read articles for the week ending 26 February 2022
These are the most-read articles and most listened-to Bearcasts of the week. The most-read article non-Tom article is Postcard From Montana As Gold Blasts Higher and Putin Blasts Ukraine by Nigel Somerville at number six or number 11 including Bearcasts.
- By Darren Atwater |
- 27 February 2022, 12:30 |
premium content
Panther Metals – Steady News From Oz Gives Shares A Welcome Boost
Standard-listed Panther Metals (PALM) had a wild ride last week. Given that it is a Gold explorer and the yellow metal had a wild ride too, that is not a surprise. But Panther’s share price movement was the exact opposite of what was going on in the world’s yellow backstop currency.
- By Nigel Somerville |
- 26 February 2022, 18:48 |
premium content
Tom Winnifrith Bearcast: One Russian I would send to jail TODAY
Yes it is Mrs Darren Winters and I’d send the snake oil salesman to the salt mines of Rotherham too. I have spoken to a £35,000 victim this morning and this really is a stain on UK financial services that I hope the FCA will finally act on after 25 years of doing nothing. I explain why I hope they might.
- By Tom Winnifrith |
- 26 February 2022, 16:29 |
Zytronic – share buyback programme boost, Buy
Developer and manufacturer of touch sensors for use with electronic displays in industrial, self-service and public access equipment, Zytronic (ZYT) was a September tip here and a share price fall in the last month has looked harsh to us. The company now clearly seems to think the same.
- By Hotstockrockets |
- 26 February 2022, 16:02 |
Video: Fed’s Actions Could Push Gold Past $2300 this Year
Forget Ukraine it is not the real driver of the bull case for gold. Analyst Keith Weiner explains what is and why the makes him a gold bull.
- By Tom Winnifrith |
- 26 February 2022, 15:44 |
premium content
KERBOOM: Supply @ Me Capital, Tradeflow, Parzival, and a £31m question for the auditor!
When Mr Leo Malkin of Crowe UK performs his audit of the fraud Supply@ME Capital (SYME) he will be required to perform an audit of the accounting for the acquisition of sub scale asset manager Tradeflow Capital including the valuation of the assets and liabilities acquired and the fees paid to its advisers. I have helpfully set out below some questions he should be asking. If he doesn’t I shall be asking the FRC to investigate his conduct. I have flagged this matter up with the FRC already.
- By Tom Winnifrith |
- 26 February 2022, 11:11 |
premium content
The View From The Montana Log-Cabin As Gold Breakout Above $1900 Is Stamped On – For Now
The big news this week was, of course, the Russian invasion of Ukraine. It is horrendous, and once again my thoughts are with those in the firing line. The market’s initial response was to mark up Gold and oil/gas, and sell everything else. But then a recovery set in – although I am not convinced it will last.
- By Nigel Somerville |
- 26 February 2022, 11:03 |
This Sad War May Have Hit the Footsie Now, but History Suggests it'll Come Back Big Time.
Hello Share Jumpers. Most of the time the stock market is erratic and illogical. But there are periods when it behaves with precision predictability. Like the thankfully rare occasions when a war breaks out. The path is nearly always the same.
- By Malcolm Stacey |
- 26 February 2022, 08:00 |
premium content
Tom Winnifrith Bearcast: China the peacemaker? Power shifts out East as the West wallows in woke degeneracy
I start with events in Ukraine and possible peace and where that leaves some Russian owned stocks. Then I turn to Ncondezi (NCCL) and then a detailed explanation of why today’s Versarien (VRS) analysis matters but also why the cash crunch is coming far sooner than most morons realise and the next bailout for the loathsome Ricketts will not be pretty. And then I ask where next for gold and oil prices and stocks?
- By Tom Winnifrith |
- 25 February 2022, 15:57 |
Studio Retail Group – sale from administration to Frasers Group & other shareholders wipeout. A disgrace but quelle surprise...
Previously writing on Studio Retail Group (STU) earlier this month I noted hopefully my warning of “funding crisis ahoy” last month was heeded as now it’s ‘Intention to Appoint Administrators’!. In that I noted ‘the major shareholders include Frasers Group (FRAS) of Mike Ashley (in)famy (28.89%), Schroders (18.94%) and Lombard Odier (11.26%) – and what odds of Ashley now buying this out of administration with nothing for smaller shareholders?’. Today a “Sale of Studio Retail Limited”-titled announcement…
- By Steve Moore |
- 25 February 2022, 15:57 |