Hello, Share Fanciers. Pennon Group (PNN) is one of those companies which gives investors a certain pride. That’s because what it does helps the planet.
Here is another reason to pay the equivalent of less than 2p per article and join ShareProphets. Today, not only will I be dobbing in another AIM listed company to the regulators but I will be publishing a video from here in Greece with two share tips. But it is for paying subscribers only. Surely that is worth £5.99 a month, less than 2p per article? Join now HERE for the share tips this morning and much more...
Intercede (IGP) has announced “a contract with a UK Government Ministerial department”, following half-year results and “a contract with a large European bank” last week…
A company on AIM received a bid approach late last week. I was made an insider on late Friday and have not told a soul or traded a share. So I know it has had a bid, the company and its advisers know and someone else knows too.
I previously wrote on WANdisco (WAND) last month as the shares rose further above 800p – suggesting, with forecast losses and year-end net cash of $7.1 million, that despite the growth potential it significantly market sentiment bullishness which saw the shares at those levels and, with this famously volatile, that after the ride so far this year here it prudent to lock-in gains. Today a placing and director share sales…
How do you know when a PR man is lying? When you see his lips move! Ok that is a generalisation but we can now say for sure that top evil spinner Julian Bosdet, of Abchurch, is a fucking liar as well as a disgraced drunk driver.
Having asked for readers tips for 2017 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is a monthly update on performance (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2017)...
Investors are ignoring warning signs that financial markets could be overheating and consumer debts are rising to unsustainable levels, the global body for central banks has warned in its quarterly financial health check. The Bank for International Settlements said over the weekend that the situation in the global economy was similar to the pre-2008 crash era when investors, seeking high returns, borrowed heavily to invest in risky assets, despite moves by central banks to tighten access to credit.
It looks as if the double share tip video will be out on Tuesday - www speeds in Greece are just too slow to upload it. In today's bearcast I start with the leaking of failed bids, ref Elegant Hotels(EHG). Who benefits and why do it? Then I look at the fund managers accused of colluding to drive down IPO prices. I really do have some sympathy with them and explain why. Then it is onto UK Oil & Gas (UKOG) and Alba (ALBA). Finally I take apart today's ludicrous claims about growing poverty in Britain. They are pure bollocks.
And in today's most useless shuffling of worthless assets as an excuse for a disguised placing we revisit Gold Mines of Wales, the owner of the Dolgellau gold prospect in the heart of sheep shagging country.
I note the comments made by Cynical Bear as he analysed the stonking collapse in the shares of AIM-listed Tern (TERN) and wondered if this would be the worst ever example of the death spiral. It seemed that there was little untoward in the disclosed details of the funding package, but there is one omission which leaves me thinking that the collapse is set to continue.
Hello, Share Scramblers. We’ve all found to our cost that just because a company is big enough to be in the Footsie, doesn’t mean it’s any more immune than the rest from disaster. But some shares still seem more reliable than others.
I’ve been wondering what comes next for Prof Richard Conroy’s AIM vehicles Karelian (KDR) and Conroy Gold and Natural Resources (CGNR). From my review of their financial results to May of this year (see HERE and HERE) it is clear that they are both in deep trouble – they are running out of money fast and the results to last May show that quite clearly. Lord knows how bad it is now.
I start with a look at whether some current assets are really current assets, taking my inspiration from my earlier analysis of Jim Mellon's flagship dog Regent Pacific. I explain why getting this right is so important in endeavouring proper company analysis. Then it is onto Friday's market sell off caused by what even ABC now admits was 100% fake news about Donald Trump. I look at the tax plans of POTUS which are inspirational and compare them with the rhetoric coming out of Jeremy Corbyn's Labour Party. I increasingly think Corbyn will win the next election and explain why that would be such a disaster. Tomorrow there may be no bearcast as I am travelling but I plan to do a double video share tip for paying subscribers only
Alliance Pharma (APH) has announced a $7.5 million acquisition from medical technology company Smith & Nephew, with CEO John Dawson emphasising “the acquisition will be immediately earnings enhancing, accretive to our underlying return on invested capital, and it fits well in our existing bedrock business operations”…
Apologists for Jim Mellon's Regent Pacific, which thanks to the all share takeover of Plethora (PLE) has many British investors, have reacted fiercely to my article last week on how it was slashing Fortacin prices by 80%. This prompts me into further work and the alarm bells really are now ringing loudly.
I was wondering what had happened to my old pal the uber posh convicted felon and cop beater, the Right Honourable "Champagne" Charlie Gibson. Well here the old boy is, interviewing Harry Adams of Kefi (KEFI) in which we own shares. Harry insists that all is on track and I think the shares are very cheap at a 2.8p bid having taken the sort of thrashing last week that Charlie thinks should be reserved for uppity members of the working classes. Finalise financing and approvals in Q1 2018 and they should race ahead. Anyhow, over to Harry and the UK's most upper class cop beater
The fortunes of London’s two most shorted companies, Carillion (CLLN) and Ocado (OCDO) have differed sharply of late.
An update last month from gold recovery and production company Goldplat (GDP) saw CEO Gerard Kisbey-Green emphasising “operational profitability achieved at all operations” and “good progress being made on our strategic objectives”. This has helped the shares up from just above 6p to a current 8p to buy, but the value and further progress potential suggest there could be much more to come - and soon!
Technical Analyst Jordan Roy-Byrne's latest research unearths some interesting similarities with gold stocks compared to historical three-year bear markets. He found three that compare well; they are the S&P 500 during the great depression, the housing market during the global financial crisis, and Thailand in the mid-1990’s which had a huge bust. He describes how all of the recoveries afterward seem to follow a specific pattern and he sees that behavior in gold stocks. Those patterns ended after 14-24 months with prices moving upwards by 133% to 200%.
Nigel Wray's family buys the UK Investor Show, confronting the new takeover code, five buy share tips (and three sells), plus what are they drinking in Scotland?
Advanced materials engineering group Versarien (VRS) floated on AIM at 12.5p around four years ago. Its plan then was to commercialise a process called Lost Carbonate Sintering, the brainchild of a Dr. Zhao of the university of Liverpool. More recently it appears to have shifted its focus to graphene products.
Tomorrow we will run stories on 2 AIM listed companies showing evidence of wholesale lying and worse. I will show why even a small lie matters and why the real scandal is that in case 2 this is a leopard who is re-offending and the weedy spineless poltroons at AIM Regulation knew of his character before allowing him scope to re-offend. I also question why Gavin Burnell of Globo infamy is allowed to remain as a fox inside the regulatory chicken-coop while investigations into that fraud continue.
Fox Marble (FOX) has announced that it has received an unsecured loan of £500,000 from Roy Harrison OBE, a non-executive director of the Company - The interest rate is a very reasonable 5% and the loan can - and will - be repaid within two years.
Excuse the late Bearcast but my journey back from my father's in Shipston in the snow covered Cotswolds was long and eventful as I discuss in this podcast. In a valley on the Road between Stow and Cheltenham I took part in and saw the best of selfless Britishness, folks acting with a true Christmas spirit. And also the worst, in spades. The photos give some idea of the scene as I explain what went on. Normal service resumes tomorrow.
I smiled wryly at the announcement on Thursday from YOLO Leisure and Technology (YOLO) about its investment in Magic Media Works, the manufacturer of the Electric Jukebox / ROXI as, once again, it makes the Daily Mail look pretty silly and one wonders whether its “financial journalists” ever ask a probing question before just publishing whatever is served up to them by corporate PR.
Further to yesterday’s piece on Milestone Group (MSG), it gets a bit more serious today as any Milestone shareholders should think very hard about whether they want to get into bed with Black Cactus and Larry Cummins as he looks like an A1 prize bull-shitter to me.
From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2016 and thus far in 2017 (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...
Hello, Share Smilers. At the end of the week, the Footsie gave us an early Christmas present of 73 points. 0r 1%. Yet, I don’t think the big index has finished yet with its traditional Yuletide gifts. The Santa Rally, rather late as usual, is now upon us.
BOS Global (BOS) is teetering on the brink of insolvency while the company's founder Michael Travia also tries top oust current directors led by serial fuck-up merchant Adam Webb. I have now seen letters sent by those very close to the situation which act as a second source for me of the most damning allegations about Webb who should stand down at once and never be allowed to run a public company again.
You may remember that the hand of God (i.e. hurricanes) derailed the artisanal gold mines in Honduras which were set to supply gold to the Black Sands gold trading operation of Wishbone Gold (WSBN). We now have an update.
A couple of pieces this weekend on one of the Blockchain Buffoons, Milestone Group (MSG). First a light-hearted look at what must have been a dispiriting clear-out this week of the ex-CEO, Deborah White’s mess and then tomorrow a more serious piece that I would urge all Milestone shareholders to read. First though, the (more amusing stuff.
Accrol (ACRL) has announced General Meeting refinancing approval – and the shares have responded 5.5% higher to 43p. However, I remind there are still significant reasons for caution here…
Another week where 7 out of 10 of the top articles are videos or Bearcasts. That's fine by me, it's a USP of ShareProphets membership and I'm glad that people are using one of the defining things of our site in such numbers.
Metal Tiger (MTR) has announced “encouraging early results of T3 underground project mining study” in Botswana and a Water & Environmental Monitoring Program in Thailand…
AIM-listed Tern plc (TERN) seems to have a spot of explaining to do – or, more particularly, its CEO Al Sisto. I refer to the presentation on the website of US Capital Partners in relation to the (so far failed) attempted fundraise by Tern’s principal investee Device Authority.
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