Apparently The Hut Group (THG) ‘is a British e-commerce company headquartered at Manchester Airport … operates over 100 international websites that takes brands direct to consumer through its proprietary e-commerce platform’.  How wonderful but the last time I wrote about the stock (here) observed that it was ‘over-loved’.  Kind of interesting then to see a big 43% fall in the share price year-to-date.  

Gold closed the week at $1757, down a tad from last week’s $1761 but pretty much unchanged. Nothing to write home about, perhaps, but very quietly Gold stocks seem to be showing a little more poise than of late. My chart of Gold against GDX (Gold majors’ETF), GDXJ (Gold not-so-juniors ETF) and GOEX (Gold explorers) shows what I am talking about.

Shares in Central Asia Metals (CAML), having recently been hit further following already sector malaise, have responded 4.5% higher on the back of a Q3 “operations update”. There looks more to come.

Seed Innovations (SEED) has announced a further investment in South West Brands Limited and an update on its Yooma Wellness investment.

Hello, Share Lovers. If you strip out the rising share prices of oil companies, the Footsie is in retreat at the moment. Which is surprising given that, as Boris says, the economy is waking up after the worst ravages of covid. So why should shares be faltering when the signs look rather good? 

In today’s Bearcast, I look at oil shares including the one I own and one I may well buy next week, at Brighton Pier (PIER) and at Anglesey Mining (AYM)

The UK’s largest ten-pin bowling group Hollywood Bowl (BOWL) states it “today announces a trading update for the financial year ended 30 September 2021” and emphasises “very strong customer demand following estate reopening”. What then of a little changed share price around 243p?…

The IPO of Oxford Nanopore (ONT) was Christmas came early for the brokers involved.. Raising £1.87 billion of either new cash or from flogging shares for exiting shareholders at 425p will have generated almost £90 million in commission which, even in these inflationary times, will buy an awful lot of coke and upper class hookers. To support such an exercise there were numerous enthusiastic buy notes.  So with the shares now at 577p should we believe the bullshit buy notes?

Imperial Brands (IMB) is “pleased to report the business continues to perform well… on track to deliver our full-year results in line with expectations”. That suggests upside potential from a below 1500p share price.

I am shocked to see that my old pal Sir Aubrey Brocklebank, Bt, joined this Aquis listed joke company shortly after its admission to the lobster pot last November for everything about it is a complete rum ‘n’ coke. Today it has announced that its shares were suspended a week ago – why rush out the bad news to the plebs eh Sir Aubrey. All the important chaps already know. Don’t you know?

Anglesey Mining (AYM) the ultimate jam tomorrow mining penny dreadful is today boasting of how it has raised another £768,230 at 3.4p a discount of just 5.6% to the close yesterday. Whatever you say chaps. The money will be used to do more exploration work mainly at the Parys Mountain hole in the ground in Anglesey and, of course, to pay those vital PLC costs.

This is just for Jimbo! Writer Keith Weiner says that economists and experts tend to say the strangest things and most of their statements don’t pass basic scrutiny.

Brighton Palace Pier, mini golf, bars and Lightwater Valley theme park company Brighton Pier Group (PIER) “is pleased to announce a trading update” and the shares are currently approaching 17% higher at 62.5p. So what’s the story?…

Previously writing on maritime surveillance and management systems company SRT Marine (SRT), in November with the shares below 40p I concluded I await the current ‘jam tomorrow’ to start being delivered before reconsidering from avoid. The shares last closed at 37.5p and are currently slightly higher on the back of a half-year trading update.

Hello, Share Mashers. Gas prices rose by 37% in one session earlier this week. Imagine how that should raise the profits of BP (BP.) as it is also an explorer, producer and seller of liquid gas. And yet the price of BP shares actually dipped by 2.5% on Wednesday. They’re up again as I write, but, in the circumstances, you might think the shares would be soaring. I may be missing something, but after a great deal of searching, I can’t imagine what that might be.

In this podcast ona shortened work day thanks to a still stick Jayarani, I give the five reasons why I sold all my remaining MyHealthChecked (MHC) today. I look at Mercantile Ports and Logistics (MPL), Sosandar (SOS), Powerhouse Energy (PHE), Simec Atlantic Energy (SAE) – well done Peter Brailey – and finally as the economic illiteracy of Boris Johnson as the Tories screw the poor in an inflationary world they only make worse.

Revolution Bars Group (RBG) has made a trading update including that since 19th July England covid restrictions removal to 2nd October “same site sales growth of 17% when compared to the same period 2 years ago, when the business traded normally pre Covid” and “costs have continued to be well controlled resulting in good profit generation from these sales”, with the shares currently up by more than 12% to above 25p in response.

AIM-listed ladies’ online fashionwear purveyor Sosandar (SOS) updated the market this morning with a highly positive trading update. Given that Tom Winnifrith was asking if a profit warning was due, this morning’s statement leaves one wondering if the Sheriff was wrong. Or was he?

Peter Brailey has explained numerous times on this website why Simec Atlantic Energy (SAE) is a zero in waiting. Its technology is suspect. It is year away from ever generating cash in a best, wildly optimistic, scenario and it has some ludicrous mini bonds which it cannot hope to repay where repayment is coming up fast. But to add to its woes it is now going to be screwed by the Government of land which, by 30 yards, I call home, Wales.

How on earth has any broker in London not managed to make out like a bandit, or should I say broker, during the past two years? It almost defies belief given how every company on earth seems to have done at least fund raise earning stacks of 5% commissions for the bandits. I mean brokers. But somehow the gutter dwellers at Novum Securities have managed to post another whopping loss as you can see below.