premium content
Kefi – very good news from Hawiah & the 2 big takeaways from its AGM, Strong Buy...
Kefi Gold and Copper (KEFI) has served up more drilling news from its ongoing 13,000 metre programme at Hawiah, the copper play in Saudi, and conducted its AGM. As ever, most of the AGM statement is just a rehash of what we already knew. The votes on reappointing auditors and directors are a formality. But there are 2 very big takeaways…
- By HotStockRockets |
- 21 December 2020, 14:21 |
Universe Group – trading update, what’s happened to the “revenue pipeline for the second half of £12.5 million”?
A trading update from retail management, payment and loyalty systems group Universe (UNG) includes “revenue for the second half of the year is expected to be in line with that of the first half… the company still expects to report a modest level of adjusted EBITDA profitability for the full year” and that it “has a strong financial position”. So why an approaching 12% share price fall, to 3.75p, on the back of the update?…
- By Steve Moore |
- 21 December 2020, 13:46 |
premium content
Sack the £18m spivs running Remote Monitored Systems or I am off says largest shareholder and key consultant Gareth Cave
The spivs, Trevor Brown, c/o Braveheart and Paul Ryan, who sold their entire holding in Remote Monitored Systems (RMS) at between 2.9p and 5p for £18 million just eight days before a major warning, must be sacked says Gareth Cave the founder of Pharm2farm and its key employee and a man who owns 18% of Remote. Cave also wants the bailout £5 million placing at 1.25p massively restructured or pulled. I back Cave and here is why.
- By Tom Winnifrith |
- 21 December 2020, 12:36 |
Windar Photonics – emphasises “particularly strong growth in the second half”… so why further share price decline?...
’Technology group that develops cost-efficient and innovative Light Detection and Ranging optimisation systems for use on electricity generating wind turbines’ Windar Photonics (WPHO) has made an “Issue of Equity & Trading Update”. This includes that second half sales are “expected to represent more than four times the value achieved in the first six months of the year and more than double the comparable period in 2019”… So why have the shares currently responded more than 4% lower, to below 11p?…
- By Steve Moore |
- 21 December 2020, 11:28 |
premium content
Former WPCT, Schroder UK Public Private Trust writes down £14m Ombu Investment to just £4m following transfer
Oh dear, oh dear. Neil Woodford’s former Woodford Patient Capital Trust (WPCT) now under new management as Schroder UK Public Private Trust (SUPP) has announced this morning a 71% hit to its investment in Ombu, knocking £10 million off NAV. This follows the acquisition of Ombu by HP Environmental Technologies Fund (HPET), in which SUPP now has a stake.
- By Nigel Somerville |
- 21 December 2020, 08:32 |
Take a Peek at this Supplier of a Life Essential which, Apparently, Becomes Even More Essential in Lockdowns
Hello, Share Hawkers. There haven’t been many humorous aspects to the pandemic. But we did have the hilarious sight of some shoppers staggering from supermarkets under the weight of extra toilet rolls. This madness helped loo-roll maker Accrol (ACRL) see a huge leap in income at the start of the pestilence. Up by 40%, it’s thought.
- By Malcolm Stacey |
- 21 December 2020, 08:11 |
premium content
Tom Winnifrith Bearcast: Matt Hancock you have now become a compulsive liar - Olaf escapes to Wales
I start with Joshua’s Advent calendar where window 20 leads neatly to Lyin’ Matt Hancock and the illegal escape of daughter Olaf and her mother Big Nose to stay with Olaf’s grandmother in West Wales. Then I discuss the difference between contrarian investing and bad investing with reference to Peter Brailey’s article today on oil stocks. Finally, I flag up what to expect from 23rd December on this website. Get your camera ready!
- By Tom Winnifrith |
- 20 December 2020, 15:26 |
premium content
The Great ShareProphets Christmas Red Flags Sweepstakes is Back!
It is time once again for the greatest British competition on this planet – yes, folks, the ShareProphets Christmas Red Flags Sweepstakes is back! Sadly Ebenezer Scrooge is locked down in his counting house in the City and is too mean to get internet so you’ll have to make do with this missive from Downing Street instead. But let me not disappoint you, for the prizes are as usual, in line with previous ShareProphets policy, magnific….. oh, I’ve just been told by Rishi that there’s no money left. Oh well – on with the Great British Show (and probably the only one in London).
- By Boris "Ebenezer Scrooge" Johnson |
- 20 December 2020, 15:19 |
premium content
Oil Price – What’s the outlook for 2021?
What a mad year for oil sector investors. We entered with Brent at $68 per barrel. All looked set for a good sector performance, then the oil price fell off a cliff to $16 Brent before recovering to $52 as I type. I stuck my neck out previously predicting some negative pricing and WTI subsequently went spectacularly negative some weeks later. I’m going to try my luck a second time and give my view for what next year may hold in store.
- By Peter Brailey |
- 20 December 2020, 13:11 |
premium content
A Day is a long time, let alone a Week - how can one be a rational investor in the face of madness?
It was Harold Wilson who said that a week is a long time in politics. It seems now that a day is an eternity. One moment Christmas is all on, the next day it is all off. Yesterday, London and much of the surrounding area were again plunged into crisis: it was placed in Tier 4 of a three tier system to control Covid-19 – effectively it is in Lockdown 3, only days after Lockdown 2 came to an end. Lockdown 2 must have been a great success then?! I have complained before that it is impossible to run a business under such circumstances – see Tom Winnifrith’s Bearcast yesterday – and consequently, as an investor, investing is made impossible.
- By Nigel Somerville |
- 20 December 2020, 12:26 |
premium content
The best time to kick a man is when he is down: Ref Hurricane Energy
So says my good pal, the infamous bear raider Evil Knievil, and he is right. You and I look at a high flying stock where the valuation is insane but where if we go short the valuation can easily go to double insane before gravity kicks in. Especially in fevered times such as those we live in, kicking a man when he is standing strong is not such a smart move.
- By Tom Winnifrith |
- 20 December 2020, 11:12 |
Sunday Long Reads: Pandemic Spending, Doomsday Facebook, Tainted Chinese Cotton, Where The World Wants to Move, China Sea
Here are five long reads that have nothing to do with shares. Put the kettle on, find a comfy chair. You have the time, don’t you?
- By Darren Atwater |
- 20 December 2020, 10:53 |
The ShareProphets Sunday Pub Quiz #68
Welcome to the Sunday ShareProphets Pub Quiz. Find your own beer, sit in the most comfortable seat, and, under no circumstances, can you Google the answer. Only I can do that. There are no prizes but post your scores in the comments for bouquets and brickbats.
- By Darren Atwater |
- 20 December 2020, 10:52 |
The Digital world is reaching the constraints of the Physical world
I start with a Santa Claus and Brexit joke
- By David Scott |
- 20 December 2020, 10:42 |
Notes from Underground - The return of Readers’ Windows and the Most read articles for the week ending 19 December 2020
For the seventh year running, I’m looking for Views from Readers’ Windows. ShareProphets readers have sent in their views from every continent (except Antarctica – but we have had one from the Falklands Islands). We’ve seen pictures of warm, blue seas and, from the opposite end, that sad view from Steve’s window. For 2020, in lieu of a view from your window, I will also accept a picture of your pet, preferably in action. Send them to ‘editorial@shareprophets.com’ and we’ll run them everyday between Christmas and New Year’s Day.
- By Darren Atwater |
- 20 December 2020, 10:39 |
premium content
Tom Winnifrith Bearcast - Let's Party like it's 1647
I start with Joshua’s Advent calendar today which features a self-obsessed ruler who lost the plot. That brings me neatly on to today’s news.
- By Tom Winnifrith |
- 19 December 2020, 17:29 |
premium content
Optiobiotix NED upgrade – now this chap is impressive: STRONG BUY
Optibiotix (OPTI) has announced that Non Executive Director (NED) Peter Wennstrom – of whom we’d never heard – is to step down to be replaced by Christopher Brinsmead CBE, subject to the completion of regulatory due diligence being carried out by the Company’s Nomad. For a £50 million odd capitalised company, Brinsmead is a real BSD to pick up.
- By Tom Winnifrith & Steve Moore |
- 19 December 2020, 16:22 |
premium content
Has Ocado peaked at Last? I am Short (Again) at 2250p
A few years back, Ocado (OCDO) was one of the most reviled companies in the UK with the shares regularly topping Short Tracker’s most shorted table, peaking in 2016 with 20% of the shares out on loan. The short interest is now negligible as the bears (myself included) have been sent packing with the relentless, almost tenfold, rise of the share price over the last few years which has only recently looked to be running out of steam.
- By Lucian Miers |
- 19 December 2020, 16:00 |
premium content
Touchstone Exploration is up 900% since I tipped it as a buy but I am not telling you to sell
People often try to tell me that it isn’t possible to make money by actually investing in AIM oil and gas companies and that they are only worth trading, but I would have to disagree based on some of those that I’ve picked out over the years as having long term potential.
- By Gary Newman |
- 19 December 2020, 14:03 |
premium content
Gold at $1880 - The View from the Montana Log-Cabin - could we be sitting on 29 baggers?
Gold has been rebounding. At the close of November the correction had taken it all the way down to $1760 and it had fallen from almost $1880 in the course of just eight trading sessions. Now it is back at $1880 and it looks as though the bottom of the correction has been put in. So what now?
- By Nigel Somerville |
- 19 December 2020, 11:19 |