premium content
If you need cheering up there is an operations update from the fraudsters, liars and con men at US Oil & Gas – USOP
Booted off what is now Aquis for lying to investors and then suspended on a Danish bourse before it closed, no exchange will now list US Oil & Gas (USOP) but still its laughable boss little Brian McDonnell battles on with ludicrous releases as he tries to part savers from their savings: “It’s the way I tell em” he smirks but folks who have lost almost everything in a company once ramped up to a £300 million valuation but which is worthless are not laughing.
- By Tom Winnifrith |
- 7 May 2021, 15:31 |
premium content
The ex copper Graham Wood who wanted me killed – digging further into the Versarien sewer
Graham Wood is the most enthusiastic shareholder in the con that is Versarien (VRS). He does not like me because I point out the lies the company told and so has discussed having me killed and was on the private chatroom which discussed how my (then pregnant) wife could be harassed at work so that she was fired. Now thanks to Neill Ricketts trying to gag a Bulletin Board critic with fascist lawyers letters, we may find out whether Wood rides solo or if he is rather more connected to Versarien than folks think.
- By Tom Winnifrith, The Sheriff of AIM |
- 7 May 2021, 13:51 |
premium content
Friday thoughts for the housing, banking and travel sectors
It is an interesting Friday at many levels, but less about some of the early results in the various elections around the UK (where folks appear to have taken my advice on how to vote!)…and more about the markets.
- By Chris Bailey of Financial Orbit |
- 7 May 2021, 13:15 |
Video: Precious Metals Becoming more Precious by the Day but Uranium could really go boom!
Corpoerate financier Jim Paterson states that precious metals have become even more precious due to the massive amount of money printing. The inflation we are going to suffer in the coming years is a direct result.
- By Tom Winnifrith |
- 7 May 2021, 11:50 |
premium content
Jadestone Energy – “pleased to announce” Malaysia acquisition. We can understand why
Jadestone Energy (JSE) is pleased to announce an agreement to acquire an interest in Peninsular Malaysia – and we can understand why.
- By Tom Winnifrith & Steve Moore |
- 7 May 2021, 10:34 |
premium content
Letter to AIM Regulation – Bidstack, an official warning must be forced
Three sorts of investors know that trading at Bidstack (BIDS) is far worse than the company had hoped for and that it now faces a gargantuan cash crisis putting its very survival in doubt: clients of Stifel, those who can afford a Bloomberg terminal and readers of this website. Thanks to the company ignoring AIM Rules 10 & 11, most investors are seeing their savings die of ignorance. I have again written to the Oxymorons at AIM Regulation urging them to force an immediate statement.
- By Tom Winnifrith, The Sheriff of AIM |
- 7 May 2021, 10:31 |
Panther Metals – 2020 results, share price upside?
Panther Metals (PALM) has announced its calendar year 2020 results including emphasising that it has “developed the business to a point at which the portfolio may be rapidly commercialised”. Whatever you say Mr Promoter, what does that actually mean?…
- By HotStockRockets |
- 7 May 2021, 09:47 |
Ceres Power Back Peddles. But it could Be Over-Selling Partly Based on the Over-Egged Effect of the Rising Oil Price
Hello, Share Samplers. One of my favourite shares became a ten bagger in a year. However, just lately it’s been in freefall. The share price has decayed so fast that there wasn’t much chance to sell. And, as there’s been no obvious news to cause the steady topple, I wouldn’t have sold anyway. Now I think we may face a buying opportunity.
- By Malcolm Stacey |
- 7 May 2021, 09:21 |
premium content
Tom Winnifrith Bearcast: for Colin, Matthew and both their dogs - enjoy!
I start with two bits of civic duty today. I end with an appeal to those of you ( 90%+) listening who are yet to donate to Rogue Bloggers for Woodlarks – we are now at over £19,000. Help us get past twenty please by giving HERE. Then I have a warning of “incoming” for loathsome Neill Ricketts at Versarien (VRS), discuss Trevor Brown and then at length Bidstack (BIDS) and its clear rule-breaking. Then Verditek (VDTK) – looking more and more a zero – Watchstone (WTG) – Quindell as was and the jail cell waiting for Rob Terry, today’s update on that.
- By Tom Winnifrith |
- 6 May 2021, 17:53 |
J Sainsbury – full-year results show there is still income value
J Sainsbury (SBRY) has announced results for its year ended 6th March 2021 and that it has “carried good underlying trading momentum into the new financial year and started the year strongly”.
- By Tom Winnifrith & Steve Moore |
- 6 May 2021, 17:21 |
Quixant – “order intake remains strong”… but what does that mean financially?
Shares in technology products principally for the gaming and broadcast industries company Quixant (QXT) are currently higher, above 150p, on the back of an update at its AGM including “order intake remains strong, providing us with further improved order coverage for our internal full year budget”. What does that mean financially though?
- By Steve Moore |
- 6 May 2021, 17:10 |
premium content
Trevor “pump and dump” Brown does it again – has this man no shame at all?
I am beginning to think that foul-mouthed troll and penny share huckster Chris Akers is not the Wolf of the AIM sewer after all but that this title really belongs to Trevor Brown, a man who is completely shameless.
- By Tom Winnifrith, The Sheriff of AIM |
- 6 May 2021, 13:44 |
premium content
Location Sciences – ‘in the interests of shareholders if broker option only partially exercised’. Er, what about the rest of the fundraising?!
Location Sciences Group (LSAI) “is pleased to announce that the broker option was significantly oversubscribed by both existing shareholders and non-shareholders”. Hmmm – “pleased to announce” that a £0.35 million option at 0.20p per share was significantly oversubscribed when the closing share price prior to the fundraising announcement was 0.56p? And then “However,”…
- By Steve Moore |
- 6 May 2021, 12:45 |
premium content
Verditek – what will the auditors say about the carrying value of inventory if the company has not already gone bust?
The cash position at Verditek (VDTK) must be really grim by now. Cash balances at 31 December – just a couple of months after a £3.5 million fund raise – were just £1.7 million. Still not generating any revenues at all, my guess is that cash is now well under £1 million and heading south rapidly. As the auditors consider 2020 accounts, they must surely be insisting that there is a material uncertainty as to whether this can be viewed as a going concern or not. But there is another million dollar question.
- By Tom Winnifrith, The Sheriff of AIM |
- 6 May 2021, 12:09 |
premium content
BREAKING: Bidstack – Confirmation of Stifel forecast slash & breach of AIM Rules 10 & 11
Needless to say, the morally bankrupt PR firm of Buchanan has still not replied to an email from Tuesday night regarding forecasts for its technically insolvent client Bidstack (BIDS). Presumably it is working hard finding a journalist to smear and that is its priority. When Steph Watson says she will reply to an email, what she clearly means is “I am a lying PR harpy and will do nothing of the sort.” But, without the assistance of mendacious Steph, I now have confirmation that house broker Stifel has indeed slashed forecasts which appears to be a clear breach of AIM Rules 10 and 11.
- By Tom Winnifrith, The Sheriff of AIM |
- 6 May 2021, 11:24 |
premium content
Is Barratt Developments near its share price top?
Back in early February HERE I wrote ‘Barratt Developments really, really loves Help to Buy’ but had to admit that the share was going to go up a bit more. Since then the stock (BDEV) has moved a quid or so and now has a 775p stock price. So happy days for holders but, given the share price in early 2020 was only a little over 800p, is there anything left for shareholders to chase?
- By Chris Bailey |
- 6 May 2021, 11:14 |
premium content
Tern – AGM Result bodes badly, however the board polishes the looming cash crisis turd
AIM-listed jam-tomorrow IoT investment company Tern plc (TERN) held its AGM yesterday and posted a bullish update – obviously containing no figures - and the BBMs went mad pushing the shares up. But for me the real news was the result of the AGM.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 6 May 2021, 09:12 |
This worldwide Bank Could Soar as it's Big Enough to Ride Out Local Setbacks
Hello Share Tweakers. It still takes courage to commend a bank, but if we ignore the big ones we may be missing out on the financial recovery that’s going on. Look at how Lloyds (LLOY) shares, for example, have increased in the last few weeks. Any road up, today’s commendation is Standard Chartered (STAN).
- By Malcolm Stacey |
- 6 May 2021, 09:11 |
premium content
Tom Winnifrith Bearcast: Naughty, naughty Nick Hasell, life on the dark side has got to you badly
Today’s podcast looks at Braveheart Investment Management (BRM), Trevor Brown and the sham that is Remote Monitored Systems (RMS). I also look at the murky world of near insolvent Bidstack (BIDS), the Zoetic (ZOE) fraud and the warning from McBride (MCB) – where Naughty Nick is being naughty – what it says about McBride but also about inflation.
- By Tom Winnifrith |
- 5 May 2021, 17:10 |
premium content
Remote Monitored Systems – an absolute horror of a trading update & a bonkers valuation
Shame on all those such as Zak Mir who have promoted this bag of excrement for today’s trading update was a true horror both in terms of what it said but also what it did not say. Starting with the latter: this is a trading update which admits that sales are SFA but made no mention of losses or the cash position. Why not? I put it to you that if the company was drowning in cash it would shout about it. That it does not mention it at all screams out the possibility that another bailout placing is on the way. Then there is what is said which is almost as bad.
- By Tom Winnifrith |
- 5 May 2021, 13:30 |