Still Supply@ME Capital refuses to answer 2 simple questions regarding its, possibly illegal, 2019 AGM this Friday
You may remember that the, now technically insolvent, fraud Supply@ME Capital (SYME) forgot to hold an AGM for calendar 2019 and only called one for April 30 2021 after I raised this as an issue. But is this AGM itself illegal? I have repeatedly asked the company’s PR man Mr Paul Vann 2 questions and still he refuses to answer.
- By Tom Winnifrith |
- 28 April 2021, 12:14 |
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Is 4.3p as a target for the Zoetic fraud too high? Green Roads deal suggests 0.5p is more accurate
To be fair, I never said that my target for this fraud was 4.3p, I just explained how, if you made wildly optimistic assumptions about current year sales then on a read-across from Love Hemp, 4.3p was fair value. I actually think 0p is fairer as Zoetic International (ZOE) is a fraud which will eventually run out of other people’s money. But a corporate deal in the US suggests yesterday that, maybe, fair value is 0.5p.
- By Tom Winnifrith |
- 28 April 2021, 10:08 |
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Profit in Misery – A few opportunities?
We are collectively exiting “lockdown” over the next few weeks. It will not come too soon for many of us. I see many comments about the investment opportunities as we all get out to spend money again. But I see it slightly differently. I think about how removal of tax payer support will negatively impact business and what opportunities that provides those with capital to deploy.
- By Peter Brailey |
- 28 April 2021, 09:20 |
Profits Flow In for This Watery Pioneer, but the Flood of Orders May Have Only Just Begun
Hello, Share Runners. Goodness me! One of my favourite shares is certainly sparkling. It’s rare that rosy future prospects come with such a sterling current performance. But that’s what’s happening at Water Intelligence (WATR).
- By Malcolm Stacey |
- 28 April 2021, 09:18 |
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Tristel – post-profit warning CEO shares purchase reassuring… or not?
A “trading update” announcement from infection prevention and contamination control products company Tristel (TSTL) yesterday morning saw the shares down approaching 16% at 563p as I then wrote. What then of CEO Paul Swinney having since purchased shares at 572.75p each?
- By Steve Moore |
- 27 April 2021, 17:35 |
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Siri: Show me an interviewer who makes Justin the Clown seem like Jeremy Paxman – ref Scotgold & Katie Pilbeam
Companies like Scotgold (SGZ) pay Proactive to record soft interviews and so anyone engaged in this process is part of a bent and corrupt bastard child of journalism. This is PR dressed up as reporting. I have seen some rotten Proactive blow-offs in my time but today’s effort from Katie Pilbeam on Scotgold is the worst ever. She makes Justin the Clown look like Jeremy Paxman in his prime. Watch and cringe. It is so bad it is actually truly enjoyable, you really will laugh out loud.
- By Tom Winnifrith, The Sheriff of AIM |
- 27 April 2021, 16:42 |
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Do I panic as Whitbread shares fall 4% today?
Whitbread (WTB) is a share I have owned successfully for a while and noted back in January here that I still targeted a 4000 pence share price. Whilst the shares have moved up from 3050 pence in early January, today they are down 4% or so at 3260 pence. Still workable but why has the Premier Inn, Beefeater, Brewers Fayre and Table Table owner fallen back a couple of quid plus since the high of the year?
- By Chris Bailey of Financial Orbit |
- 27 April 2021, 16:28 |
Synectics – “Business Update”, how’s the recovery potential?...
Previously writing on security and surveillance systems company Synectics (SNX), with the shares at 150p earlier this month I questioned recovery potential?. The shares are currently 142.5p on the back of a “Business Update”. How’s latest performance and the outlook?…
- By Steve Moore |
- 27 April 2021, 15:29 |
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Tom Winnifrith Bearcast: 3 stockmarket disgraces and Bob Monkhouse and the funniest joke ever
Talking of disgraces, 96% of listeners have yet to donate to Rogue Bloggers for Woodlarks, please do so today HERE. I have a message from Nick Richards for the 4% who have been generous. The stockmarket disgraces I cover are the fraud Zoetic (ZOE), Anemoi (AMOI) and Abingdon Heath (ABDX) – where there really must be a Steward’s on its Christmas IPO, which I panned at the time. I also look at Scotgold (SGZ) and discuss why Andrew Monk called SUPP/WPCT so badly wrong.
- By Tom Winnifrith |
- 27 April 2021, 14:50 |
Xaar – results argue “on track to return the business to profitability and growth”… but when?
Inkjet printing technology company Xaar (XAR) has announced results for the 2020 calendar year, with which it is “pleased… as they demonstrate that our strategy is working”. The shares have currently responded towards 140p, er more than 6% lower!…
- By Steve Moore |
- 27 April 2021, 12:51 |
Video: If Gold is a Ship, Silver is a Rocket
As an IT geek turned mining entrepreneur, John Lee of Silver Elephant Mining is talking his own book here. He argues that everything in life is probability-based, including gold and silver, and much hinges on the dollar. The dollar has recently broken down, which is great for metals, but if it resumes its uptrend, that would be tamper silver expectations.
- By Tom Winnifrith |
- 27 April 2021, 11:53 |
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Love Hemp – the read-across is that Zoetic at 67p bid is worth 4.3p MAX!
Once upon a time, there was only one CBD company listed in the UK, Zoetic (ZOE). It lied to investors, regulators and customers and was pumped by unscrupulous investors and PR veterans of the China fraud scams, and its rarity value and the lamentable failure of the woke dullards at the FCA to address all that lying saw the shares ramped to ludicrous levels. But now more CBD businesses are listing and that throws a spotlight on valuations. The clear read across implication is that Zoetic shares are going to crash.
- By Tom Winnifrith |
- 27 April 2021, 10:05 |
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EXPOSE: David Lenigas enters private chat room for shocking ramp of Aquis listed Valereum Blockchain
Shameless Aussie penny share promoter David “Did I mention that Horse Hill is bigger than Saudi Arabia – Lenigas owns shed loads of shares in a tiny Aquis listed serial dog, Valereum Blockchain (VLRM), which has less than £300,000 cash and – as things stand – no actual revenues. par for the course with a Lenigas ramp. His ramping on twitter is bad enough but he saves the worst excesses for a private Telegram chat room where he assumes, one suspects, that he will not be exposed. Wrong!
- By Tom Winnifrith |
- 27 April 2021, 09:14 |
If the Coiled Spring Releases a Building Boom, We Might Expect This Giant Builder's Merchant to Fly
Hello, Share Seekers. As the Covid threat gradually eases on British shores, it’s reasonable to expect the building industry to spring back. The rising price of house builder shares bears that out. Which means companies that support home builders could also prosper. And that brings me to builders’ merchant Travis Perkins (TPK).
- By Malcolm Stacey |
- 27 April 2021, 09:14 |
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Schroder UK Public Private Trust (formerly WPCT) – Annual Report: Monster write-downs but still a Bargepole
Schroder UK Public Private Trust (SUPP) – formerly Neil Woodford’s Patient Capital Trust (WPCT) has released its Annual Report for FY20 and the shocking write-downs are all too apparent, although no surprise to ShareProphets as we warned of this all along. The good news is that the gearing has been paid off and the company now finds itself with over 3% cash now that investee Kymab has been sold. But the red ink is everywhere, and led to another severe drop in NAV as write-down after write-down took their toll.
- By Nigel Somerville |
- 26 April 2021, 17:39 |
Mind Gym – “trading in the second half was stronger than expected”… but value?
Writing on Mind Gym (MIND) a little over a year ago, with the shares at around 125p I concluded the impact in just a matter of weeks here sees me cautious on the shares at this juncture. On the watchlist as a potential future recovery play, but I currently avoid. Today a trading update emphasising “trading in the second half was stronger than expected”. What’s the detail?…
- By Steve Moore |
- 26 April 2021, 17:35 |
If there is a prize for the most out of date/obviously hacked PLC website I nominate Iconic labs
Iconic (ICON) is a Standard Listed company so unlike AIM listed companies which have to comply with AIM rule 26 to maintain an up-to-date company information website, many of the details on Iconic’s corporate website are shockingly out of date. In fact, if there is a prize for the most inaccurate PLC website, I nominate this one. Just for starters:
- By Tom Winnifrith |
- 26 April 2021, 16:06 |
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Tom Winnifrith Bearcast: The NFT monster bubble and the tears already starting at NFT Investments
96% of you are yet to get your credit card out. I really do have a Dan Levi in his underpants picture and am not kidding about publishing so please do donate to Rogue Bloggers for Woodlarks now HERE. Then it is onto NFT Investments and NFT’s and the scandal I covered HERE. I look at previous bubbles and try to put it into context. All those involved: the promoters Jonathan Bixby & Michael Edwards, scumbag broker Novum and Aquis should hang their heads in shame. They won’t. They are preparing to do it all over again and soon.
- By Tom Winnifrith |
- 26 April 2021, 15:51 |
Staffline – argues “well positioned to take advantage of the increasing opportunities”. Really?...
A trading update from recruitment and training group Staffline (STAF) emphasises “underlying operating profit increased 133% in Q1 2021 year-on-year… provides increased confidence in the full year”. How justified is a share price rise to around 75p?…
- By Steve Moore |
- 26 April 2021, 15:28 |
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NFT Investments – this all stinks like a rotting kipper and will be seen as unacceptable bull market greed: first investment made
David Lenigas was unable to float his poxy related party spoof Lenigas Cuba on AIM or the Standard List as regulators objected to the way he awarded himself gazillions of founder shares at peanuts before raising money shortly after from mug punters at a vast premium. There was no justification for the uplift, it was just greed, and even the AIM sewer and the FCA regulated (no sniggering at the back) Standard List have some standards. Luckily, Aquis has no standards and so Lenigas Cuba listed there. Of course it ended in tears. But that established that Aquis has no qualms about quite appalling greed. Take NFT Investments.
- By Tom Winnifrith |
- 26 April 2021, 15:22 |