The Versarien Cultists have their cake and eat it as Ian Westbrook hits £20,000 target - start sweating Neill Ricketts
The good news is, and I thank so many generous Shareprophets readers, that Ian Westbrook has – as you can see here – raised £20,000 and so, in January, the loathsome pig Neill Ricketts will get to sweat in Court. I shall be preparing my deposition for Ian’s barrister next week. Natch the Bulletin Board cultists were driven to a frenzy of rage by this.
- By Tom Winnifrith, The Sheriff of AIM |
- 11 August 2021, 09:48 |
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The FCA fights a pointless 20th century fight and undermines a basic principle of capitalism trying to stop Banks closing branches
If I run a company surely I get to decide where I operate as long as I am operating legally? Surely that is how capitalism works? You do not get the State telling a retailer, hotelier or restaurant chain owner that it must keep a given outlet open even if it is losing money so why the hell is the FCA trying to do just that with banks?
- By Tom Winnifrith |
- 11 August 2021, 09:12 |
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BREAKING: The real SHOCKING reason broker Pello has been stopped from doing business by the FCA
On Friday I reported that broker Pello, always a “colourful fringe player”, i.e the sort of firm whose card was already marked by the FCA, had been told by the FCA to stop dioing business. I wondered how it could have run into financial issues while every broker in down was enjoying the Covid bull market and making out like a bandit. I am now told that Pello has also made out like a bandit and has no cash issues but…
- By Tom Winnifrith |
- 11 August 2021, 09:11 |
Reason to Hang onto Morrisons Shares as the Take-Over Tussle May Not Be Over
Hello, Share Wonderers. What about shares in Wm Morrison Supermarket (MRW)? There’s a takeover situation which can see the price rise. But it’s also been argued on this illustrious website recently that it might be better to sell at the across-the-counter price now because if rivals walk away, we can expect the share price to retreat.
- By Malcolm Stacey |
- 11 August 2021, 09:10 |
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Tom Winnifrith Bearcast: Andrew Bell now officially drinking in the last chance saloon at the Punter's Return
I start with a few reminiscences about how myself and George the Architect exposed the InternetQ fraud. Then I cover: Kefi (KEFI), Supply@ME Capital (SYME) and More Bull from it, Vast Resources (VAST), Purplebricks (PURP), Argo Blockchain (ARB), Verditek (VDTK) and Andrew Bell’s Red Rock Resources (RRR).
- By Tom Winnifrith |
- 10 August 2021, 17:56 |
Beeks Financial Cloud – “pleased to announce” a new launch & trading update, but what’s already in the price?...
Financial markets cloud computing and connectivity group Beeks Financial Cloud (BKS) “is pleased to announce the launch of Proximity Cloud, the industry’s first private cloud environment for financial markets and to provide an update on trading for the year ended 30 June 2021”. The shares have though responded currently slightly lower to 122p, so what’s the outlook?…
- By Steve Moore |
- 10 August 2021, 17:04 |
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Vast Resources: Guess what? It’s another discount placing but what about those dividends you lying bastards?
Back in April Vast Resources (VAST) managed to persuade shareholdcers to approve a 100-1 share consolidation by telling them a stack of blatant lies, lies which have been shown up with news today of yet another discounted placing.
- By Tom Winnifrith, The Sheriff of AIM |
- 10 August 2021, 16:00 |
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TP Group – following ‘business review’ recovery?, “approach from Science Group”...
Following Science Group (SAG) informing that it had acquired a 10.2% shareholding, TP Group (TPG) has noted “recent speculation and announces that it has received an approach from Science Group plc regarding a possible offer” – and Science Group has responded. With shares in TP Group currently up 33% at 5.2p, what’s the detail?…
- By Steve Moore |
- 10 August 2021, 15:55 |
Fusion Antibodies – results argue “significant progress”, so why more than 7% share price decline?...
Fusion Antibodies (FAB) has announced results for its year ended 31st March 2021 emphasising “significant progress with sustained revenue growth, progress on the R&D pipeline, and continue to expand our range of services”. So why are the shares, at 125p, currently more than 7% lower in response?…
- By Steve Moore |
- 10 August 2021, 12:25 |
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BREAKING: Here is another multi million dollar lawsuit Argo Blockchain neglected to tell you about
There was no RNS when the papers below were filed on April 7. There is no mention in the annual report which came out 22 days later. That is a bit odd given that the cost of this case could run into millions of dollars. Who would have thought after yesterday’s shock revelations HERE that the fine chaps at Argo Blockchain (ARB) would either (again) stand accused of being such rotters and also not tell investors about price sensitive data?
- By Tom Winnifrith |
- 10 August 2021, 09:34 |
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Verditek – the Green ponzi bond flops! Yet another failure on Gollum's CV
It has taken it 10 days to fess, something it blames on a cooling off period, but Verditek (VDTK) has admitted that the green ponzi bond launched by ninth rate crowdfunder Crowd For Angels has, despite the utterly misleading financial promotions approved by revolting Richard “Gollum” Gill, flopped. So where next?
- By Tom Winnifrith, The Sheriff of AIM |
- 10 August 2021, 09:30 |
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Fantastic news for Cairn Energy from India and compensation could finally be received - buy
A few weeks ago I wrote a piece here about Cairn Energy (CNE) shares being too cheap, both in terms of its producing assets and also on the basis of any resolution of its long term battle with the Indian government. Quite a bit has happened since then.
- By Gary Newman |
- 10 August 2021, 09:25 |
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Video: Argo CEO/Chairman Peter Wall fails to deal with Boatman report - 3 out of 10 for artistic interpretation, nil for technical merit
The proper way to respond to the Boatman dossier was via RNS but that needs regulatory sign off so the fellow who dumped millions of dollars worth of shares at 243p just a couple of weeks before Argo Blockchain (ARB) did a major placing at 200p recorded a video which you can see below. He covers the “report” but does not name it just in case folks actually are encouraged to go read it. It is a poor rebuttal.
- By Tom Winnifrith |
- 10 August 2021, 09:16 |
BT's Share Price Is Still Ringing Too Low for a Company that's Dealing with its Burdens
Hello, Share Bashers. I can’t see how BT Group (BT.A) manages to lose share value. If you examine the fundamentals now, well, they’re not very exciting. But look at the rosy future the telecommunications giant faces. And the p/e is only 11.
- By Malcolm Stacey |
- 10 August 2021, 09:12 |
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Tom Winnifrith Bearcast: this is just bonkers
In between visits from two men called Nicho I look at Powerhouse Energy (PHE) & the green bandwagon of fear, Argo Blockchain (ARB), BlueJay Mining (JAY) and the fraud Supply@ME Capital (SYME).
- By Tom Winnifrith |
- 9 August 2021, 15:47 |
McColl's – confirms “a potential capital raise”, well positioned?
Having commenced 2021 at just over 26p, shares in UK neighbourhood retailer with over 1,200 stores McColl’s (MCLS) previously closed at 35p. However, they’re currently back below 30p following a “Response to media reporting”-titled announcement.
- By Steve Moore |
- 9 August 2021, 15:46 |
SmartSpace Software – “confident growth will accelerate” but should it be?
Previously writing on space booking and management technology company SmartSpace Software (SMRT), in May with the shares at 142.5p I concluded with the market cap above £40 million, I’d continue to monitor for the trading “positive momentum” showing through financially but only on my watchlist. The shares have since been above 180p but are currently down to 150p on the back of a trading update. So what’s going on?
- By Steve Moore |
- 9 August 2021, 13:02 |
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Continuing issues at Hargreaves Lansdown
Back in May HERE I observed on ‘Hargreaves Lansdown (HL.) whose shares have remained stuck in a 1400-1800p share price range over the last year…there is no reason – in my opinion – to own the shares here’. So what do I make of today’s full year to the end of June numbers?
- By Chris Bailey |
- 9 August 2021, 10:16 |
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Catenae Innovation – Is This a Related Party (Revenue-Free) Transaction or Not?
AIM-listed Catenae Innovation (CTEA), which is almost revenue-free and surely heading for a Christmas cash-crunch, has announced a “Data Visualisation Oder” from SaxaVord UK Spaceport at a satellite ground station in the Shetland Islands. Good news…..or not, for we are told that revenues created from the order are not significant. So another revenue-free project, then!
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 9 August 2021, 10:09 |
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San Leon – this smells
There is a curious update today from San Leon Energy (SLE) regarding another of its Nigerian partners which seems a tad slow to hand over cash it owes. This smells.
- By Tom Winnifrith |
- 9 August 2021, 09:53 |