Supply@ME Capital (SYME) shares are listed on the Standard List which means that no Nomad has to sign off on its ludicrous RNS statements. The regulator is the FCA which only acts in a reactive way, i.e. after a company has sinned. Actually, the FCA’s overpaid staff are too busy publishing papers on global warming, the gender pay gap or just shitting on the floor to do any regulation at all. The FCA is institutionally useless. However, in the hope that Supply’s sins are so egregious that it might just act, I have emailed Mark Steward – the Enforcement Director of the FCA – asking him to get his minions to have a butcher’s and actually do something. The letter is below.

Obviously the big news today is on lavender. But I move swifty on to discuss the failings of the Standard List as exposed by Supply@ME Capital (SYME) in today’s shocker. Then I look at Xtract (XTR) where I confuse Panettone with Panna Cotta but flag up what is going on. Then it is Iofina (IOF), Online Blockchain (OBC) and finally Verditek (VDTK) where Tory Toff Lord Willetts needs to follow my lead and come clean ASAP.

A bit more good news from AIM-listed gold producer in Turkey Ariana Resources (AAU) this morning: the Turkish authorities have approved the proposed corporate action which brings Ozaltin into the current joint venture between Ariana and Proccea and will see Salinbas taken on as well.

Self-styled “a global leader in real-time, high-performance, automatic DDoS cyber defense solutions” Corero Network Security (CNS) has made a trading update emphasising “Revenue ahead of market expectations driven by record order intake”. As I though previously questioned, is there really “solid foundations” here?…

The pretence is that this company is not insolvent. It is. It is time for various folks to wake up and smell the coffee. On 31 December 2020 in a trading update, St James House (SJH) stated in an RNS:

Previously writing on commercial flooring and specialist construction group Mountfield (MOGP), I concluded on results for the first half of 2020 that currently just hopefully my prior warning was heeded and continue to avoid. The shares had recovered a bit since then but are currently more than 16% lower today, back below 0.50p, on the back of a trading statement…

Being on the Standard List, Supply@ME Capital’s (SYME) statements are regulated not by the Oxymorons at AIM Regulation but the floor-shitters round at the FCA. When it comes to regulating the Standard List, the floor shitters make the Oxymorons seem like Inspector Morse, Hercule Poirot and the Sweeney rolled into one.  I have already shown the nonsense being stated about Supply’s change of year-end and why it is trying to cover up. Next up is why the shares should be suspended at once. There is case precedent.

I last wrote about clothing name Superdry (SDRY) back in September here, concluding that returned CEO and historic founder Julian Dunkerton was someone to back. Back then the shares were about 132p and despite inevitable challenges in its big plans, even with today’s share price fall you still have a share ahead of 210p (i.e. down over 10% on the day). So still a value company or is today’s £173 million market cap now too much?

How do you keep an idiot in suspense? Shareholders in Supply@ME Capital (SYME) are starting to find out.

Hello, Share Players. This modest article is out of the ordinary. Lately, I’ve been featuring companies I think stand to benefit from the covid shadow or which should recover faster than most after a nasty year. Today I feature a share which has given me a few worries, but which has suddenly taken off…

Geospatial software group IQGeo (IQG) has made a trading update which includes that it “expects to show good growth in all key metrics” and “sees continued strong market demand”. That sees the shares currently 8% higher to above 100p. But what does the growth and demand mean financially?…

Today’s podcast is late for reasons I explain. Sorry. I discuss Xtract Resources (XTR), Asiamet (ARS), Iconic (ICON) and Remote Monitored Systems (RMS).

A “Support from Blue Chip Institutional Investors”-titled announcement from Jubilee Metals (JLP) is actually a disappointing lack of support from directors. This is with investment by the institutional investors ‘facilitated’ not only by a partial conversion of the convertible loan note held by ACAM LP, which facilitated the acquisition of the Sable Refinery in 2019, but also by director share sales…

Let us be clear, Babcock (BAB) is not a fraud but it is a bad company. For several years now it has been poorly run. It has too much debt. It does not generate much cash, indeed it seems to be burning it. And on many of its contracts, the margins are so wafer thin that there really seems little point in deploying capital to win them. Who says so?

Iconic (ICON) has today issued a statement trying to rebuff the demands of 15% shareholder OTT to sack the board. It is a truly dismal statement which, if anything, adds to the case for backing OTT.  I wonder which cretin put this cobblers together?

Previously writing on cosmetics company Warpaint London (W7L), in November with the shares at 69p I concluded there does look further recovery potential here. Now I suggest at least worthy of watchlists. The shares last closed at 84p and are currently above 90p on the back of a trading update…

A “Strategy/Company/Ops Update”-titled announcement from sustainable fuels technology company Velocys (VLS) sounds ordinary enough… but the shares are currently 7.5p in response, more than 27% lower. The headline is bland, the news is bad. Very bad.

No wonder ex boss Trevor Brown again sold every share he owned (as a result of exercising 1.4p options), dumping 24 million shares at 2.7p last Monday.  Today Remote Monitored Systems (RMS) fesses up to more delays and lays bare more deceit from historic RNS’s. Brown is lucky in one respect.

I flagged up Hawkwing (HNG) as worth a punt last week at a 5p offer and at up to 5.5p. The shares are now 8.5p-9.5p as folks too mean and stupid to subscribe to this website pile in on the momentum.

Hello Share Takers. We all know there’s a huge change coming over the way we get from A to B. We can tell from the surge of adverts on TV that the age of petrol cars is coming to an end after more than a century. And it’s not just cars undergoing the change. Also being urgently electrified are lorries, buses and trains…