GlaxoSmithKline (GSK) has announced second quarter of the year results, including stating “strong commercial execution” and “we are likely to deliver full-year Adjusted EPS towards the better end of our guidance range”. So where now for the shares?, with they currently having responded back up to 1400p.

Last week I pointed to the fact that while Gold was holding the $1800 per oz mark, Gold stocks had been sinking and I put up a chart to show it. Here is that same chart a week later:

A final melt up followed by an 80% market crash? This David Hunter chap is a cheery fellow is he not?

Gold producer in the Philippines, Metals Exploration (MTL) has announced quarterly results, including noting production challenges but also that it believes it is well placed for the second half of the year.

Hello, Share Players. One of the best general strategies in our great game that often bear fruit is the correct handling of the following difficult situation. When to buy a share which has been tipped? There are different rules on timing which apply here. And they’re these.

First up, after I nudged Paul Staines (Guido), we did get that hat tip as you can see HERE. Cheers Paul. I then look at Babcock (BAB), Boatman Capital and the corrupt deadwood press, Minoan (MIN), the fraud Zoetic (ZOE) and its missing results, Kefi (KEFI), Supply@ME Capital (SYME) and the missing shares and then at MyHealthChecked (MHC) where I expect the shares to zoom within weeks but which is causing me to spit nails.

DS Smith (SMDS) “is pleased to announce the proposed sale of its De Hoop paper mill in the Netherlands to De Jong Packaging for a cash consideration of €50 million (c. £43 million)”. Good news from this leading provider of sustainable paper-based packaging?

Self-styled “a leading provider of digital financial management products and software solutions”, Tungsten Corp (TUNG) has announced results for its year ended 30th April 2021 including emphasising “adjusted EBITDA has increased from £2.7 million to £3.6 million” and “an increase in transaction volumes over the Network as we entered the new financial year, and it’s pleasing to see that our year to date transactions are up 10% versus the prior year”. Why then are the shares unchanged at 38p compared to above 40p as recently as last month and also a year ago?

Back in early March I wrote some thoughts about Essentra (ESNT), which describes itself as a ‘three global divisions’ business active in 34 countries and having 50 principal manufacturing facilities. After appraising its business I bought some shares a week or so later…and judging by today’s share price have made absolutely nothing (admittedly after putting aside the volatility of the last month or two in many parts of the market). So what do I think after today’s first half numbers?

Ariana Resources (AAU) “is pleased to announce its half-year 2021 production update for its joint venture Kiziltepe Mine” (Ariana: 23.5%) in Turkey. So what makes it ‘pleasing’?

The Bulletin Board cult followers of the dog Versarien (VRS) never look under the bonnet at hidden horrors. That is why critics such as Ian Westbrook are so useful. Ian has now raised more than 70% of the cash needed to make loathsome stock hustler Neill Ricketts sweat with a court hearing. He has six days to raise the rest. Please donate, even if it is just a tenner, HERE. If the full £20,000 is not raised you get your cash back. Please give now. So what is this little horror I have stumbled across?

By my reckoning the last Thursday of July is the busiest for global stock market obsessives like me…hence why it has taken me until first thing Friday to write about some larger cap UK market highlights from the day before. First up is ‘Europe’s leading distributor of floorcoverings’, Headlam (HEAD).

Sub-Standard listed AIQ (AIQ), pride and joy of Andrew Monk’s VSA Capital fold, has updated the market with publication of its interims. Given that the company only joined the LSE sewer that is the Standard List in January 2018 and spent its first six months suspended – in part due to disclosure failures in its Prospectus (nice work, VSA) – one might not be surprised to learn that AIQ’s existence hasn’t exactly been stellar. But this morning’s Interims – to April – are utterly disastrous. Shame on all concerned. 

AIM-listed Cretan holiday resort developer Minoan (MIN) released interims numbers to 30 April yesterday morning. Today we have a placing raising £350,000 in cash (before expenses) and a further £99,600 in lieu of certain liabilities. The matters of interest, of course, are not the numbers but progress with regard to monetising its assets at Cavo Sidero. Has there been any movement?

Hello, Share Collectors. Though it’s only ten days ago I last reviewed Water Intelligence (WATR), such is the topical optimism surrounding this company that I believe another mention is justified. The outfit has just issued a trading update for the first half of 2021, and it’s very encouraging.

Yet again I have been thanked by the regulator for exposing cooked PLC books. Not that this will stop BBMs from defaming me in all the usual ways but those who count know we matter. So I discuss Eden Research (EDEN) and KPMG. Then there is Peter Brailey’s amazing scoop. Ta Guido for the hat tip (not!) – I discuss Powerhouse Energy (PHE) and Tim Yeo the sleazebag ex Tory MP. Then I turn to Verditek (VDTK) as it misleads again c/o the AIM Shit of the year Richard “Gollum” Gill as his green ponzi bond deadline approaches. Finally there is the fraud Zoetic (ZOE) where my target price remains 0p after today’s dire admission. Add to your shorts.

Sometimes when I read what BBMs write about me even I start to wonder if I am a bad guy even though I know all their defamatory slurs are false. But those who matter know otherwise and also take me seriously. Today, another letter arrives thanking me for my work which has caused another PLC to have to restate crook accounts. The Sheriff of AIM vs Eden Research (EDEN) and KPMG (again). For the second time in 4 years my work has spurred the Financial Reporting Council to act against Eden & KPMG.  I have now lost count of how many such missives I have received from my good pals at  the FRC but it is quite a lot. The letter is below.

Its been an interesting day so far, but far more interesting I rather think for Sleazy Tim “Porkies” Yeo. Having exposed him for lying to the High Court, he has delivered his AGM statement in advance of today’s meeting. Looks like shareholders have more to worry about than just Sleazy Porky Tim, with project timetables slipping and no CEO recruited.

Self-styled “leading in-content advertising company” Mirriad Advertising (MIRI) has made a half-year trading update including “we are effectively delivering our twin-track strategy by developing a robust global supply and demand pipeline to drive global adoption, while simultaneously moving the platform towards full integration with the media buying and ad delivery ecosystem… Total revenue increased by 27%… Closing cash at the end of June 2021 of £29.8m (June 2020: £14.4m)”. So why are the shares currently 34p, more than 19% lower in response?…

A group calling itself the Block Energy Support Group has emerged, representing around 20% of the currently issued shares in AIM-listed Block Energy (BLOE). Unlike some shareholder support groups, such as the Quindell one, this support group is not for the support of current management and already two EGMs – one to remove the chairman and the other to commission a forensic report into the affairs of the company – have been called. One would imagine that such aggressive action might suggest that somebody knows something and via the support group’s website the bombs have started to drop.