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The Restaurant Group – argues “well positioned to benefit from a sustained removal of restrictions”. Really?...
A “Further Covid-19 update” from Wagamama, Frankie & Benny’s and Brunning & Price owner The Restaurant Group (RTN) commencing, “Through a range of decisive management actions, cash-burn during the November national lockdown was minimised to c. £5.5m for the month”. Is a current 7% lower share price response, to below 63p, justified?…
- By Steve Moore |
- 18 December 2020, 14:52 |
Video: The End Of The Federal Reserve & the dollar as we start the last great gold rush
Author Charles Goyette does not mince his words. They will print dollars until they destroy the currency and this means you must be ready for the last great gold rush. He argues that there is something different about this bull market – bull markets are generally driven by money printing, but today this is unprecedented and global.
- By Tom Winnifrith |
- 18 December 2020, 14:45 |
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Tom Winnifrith Bearcast: Of course Jesus was a refugee & Clem you are talking out of your arse
I start with Joshua’s Advent calendar and with some right-wing harridan on Twitter who reckons that suggesting Jesus was a refugee is anti-Jewish left-wing fake news. Then it is onto Falanx (FLX) en passant, Online Blockchain (OBC) and to Remote Monitored Systems (RMS), both of which have disgraced themselves yet again today.
- By Tom Winnifrith |
- 18 December 2020, 14:39 |
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Fulham Shore – results reflecting its “popularity” & “great value proposition” or government actions?
Franco Manca and The Real Greek restaurants company Fulham Shore (FUL) has announced results for its half-year ended 27th September 2020 including noting “our post half year trading, despite a second lockdown, and our significant debt headroom continue to demonstrate the group’s ability to emerge from this period as a successful survivor in an albeit reduced UK restaurant sector… over the next few years and once normal trading conditions return, we will target a higher return on capital than we have historically achieved”. So why have the shares currently responded to 9.5p, 5% lower?…
- By Steve Moore |
- 18 December 2020, 11:28 |
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Hurricane Energy – The end of the investment case is in clear sight: Told y'all
Hurricane Energy (HUR) updated the market today on operations and finance matters. All too much of the news was as Gary Newman and I predicted back in September. I did not see a debt for equity outcome as being the only or most likely potential outcome. The fact the update spelt out explicitly what would happen without such a deal, and new money being put in speaks volumes. It really is looking like a crash landing in tits up alley is the most likely outcome.
- By Peter Brailey |
- 18 December 2020, 10:44 |
Ariana Resources – further progress re proposed partial disposals & exploration plans, Buy...
Ariana Resources (AAU) has announced further progress on the proposed partial disposal of interests in Turkey and of exploration plans. It is all good news and good news not yet fully discounted in the share price.
- By HotStockRockets |
- 18 December 2020, 10:21 |
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BOOM: Tern – more Red Flags vicar as another investee files diabolical accounts
AIM-listed jam-tomorrow (or never) Internet of Things investment company Tern plc (TERN) has seen its shares continue to crater – the shares are now, at 6.7p, well below the last placing price of 7.5p. Meanwhile investee FVRVS Limited (Fundamental VR) has filed its 2019 accounts……and…..oh dear!
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 18 December 2020, 10:01 |
Uncle Tom May Not Favour this Welsh Teccie, but IQE Could Still See a Rising Share Price
Hello, Share Shakers. Such is the sparkling reputation of my boss Uncle Tom that to suggest a share he’s been wary off can be a scary thing. But Tom has a different approach to me. I can sometimes favour rather weak fundamentals if the direction of travel is sound. Whereas Tom, as a value investor, regards the balance sheet with more respect. Which brings me to today’s choice for your further inspection…
- By Malcolm Stacey |
- 18 December 2020, 08:14 |
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Verditek: Oops They did it again! Another pre-placing announced contract up in smoke
In my detailed coverage of the POS AIM Company Verditek (VDTK) I have shown how in every year since its IPO it has announced contracts, ramped the shares and then having raised funds in a bailout placing or two, the contracts disappear. Sometimes it ‘fesses up, sometimes there is no ‘fess, other times I have to run articles and sheeplishly, Tory Toff Lord Willetts and his chums are forced into an RNS. Well here we go again.
- By Tom Winnifrith, The Sheriff of AIM |
- 17 December 2020, 15:19 |
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Tom Winnifrith Bearcast: Another Advent question I bet 95% of the Under 30s would get wrong
I start with Joshua’s Advent calendar, Then it is onto tales of boardroom greed and naughtiness at Octagonal (OCT) which is to leave the AIM Cesspit. Based on what I reveal today, where do you think its cash will go? Then it is onto Verditek (VDTK), Bidstack (BIDS) and a second company run by a former Tory MP, Powerhouse Energy (PHE) where the man in charge is sleazy Tim Yeo.
- By Tom Winnifrith |
- 17 December 2020, 15:00 |
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Revolution Bars – results & joins the heroic Tim Martin re. “nothing short of scandalous” government actions...
Revolution Bars Group (RBG) has announced full-year results and, in line with the heroic Tim Martin of J D Wetherspoon, hit out at “nothing short of scandalous” government actions…
- By Steve Moore |
- 17 December 2020, 14:42 |
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Breaking: stale Telit bull committing market abuse?
Dbay’s withdrawal from the battle to buy the overvalued junk floated by mortgage fraudster Uzi Katz, that is to say Telit Communications (TCM) has left stale bulls lookimng increasingly daft. And at least one appears to be getting desperate as the shares slide – and will continue to slide as I explained HERE.
- By Tom Winnifrith, The Sheriff of AIM |
- 17 December 2020, 12:04 |
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Lying James Draper and Bidstack – it is what is NOT said in today’s pre-placing ramptastic trading statement
Sales are vanity. Profit is a matter of opinion. Cash is reality. But if you are trying to ramp your shares ahead of a bailout placing you do not want to talk about cash ( or rather lack of it) or even profits (or rather losses) so you just bang on about sales. That brings us to Bidstack (BIDS).
- By Tom Winnifrith, The Sheriff of AIM |
- 17 December 2020, 11:50 |
CyanConnode – again “Director Share Purchases” which aren’t... and why not announced yesterday with the others?
Another “Director Share Purchases” announcement from CyanConnode (CYAN) – this time re. Executive Chairman John Cronin adding 1,467,391 shares to his shareholding. However…
- By Steve Moore |
- 17 December 2020, 11:50 |
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BREAKING: Octagonal – another departure from the AIM casino and more egg on face for Britain’s most useless FD Nilesh Jagatia
You cannot say that I have not warned you all so many times that Octagonal (OCT) would end in tears. Corporate Governance and related party deals involving boss John Gunn were shocking and Nilesh Jagatia is, without doubt, the worst FD on the AIM casino. Today came news of a delisting and the shares have collapsed by almost 70% to just 0.7p. I do hope that the Bulletin Board Morons who knew so much better than useless old Tom Winnifrith, were well lubed up.
- By Tom Winnifrith, The Sheriff of AIM |
- 17 December 2020, 10:40 |
Video: Fed will lose control of inflation so silver, gold and bitcoin will soar
Writer Lyn Alden looks at the economic downturn and notes that we’ve seen a rebound in some asset classes, but, she argues, that it will take most of 2021 to see all the effects play out. We’ve seen a weaker dollar and slowing GDP growth globally. By late 2021 the global economy should improve gradually.
- By Tom Winnifrith |
- 17 December 2020, 09:42 |
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Heroic Tim Martin of JD Wetherspoon again lashes lockdown madness and the liars of Fleet Street
Here in Wales, thanks to First Minister, Mad Mark Drakeford, all 50 JD Wetherspoon (JDW) pubs are shuttered and will stay so for the foreseeable future. As I noted in a photo article just published, life just over the border in “free” England is not much better for the boozers. Tim Martin is, yet again, my hero of the day, using Wetherspoon’s AGM as a platform to expose the Government and a supine 4th estate which laps up lockdown lies without question. The great man opines:
- By Tom Winnifrith |
- 17 December 2020, 08:20 |
City Of London Investment Group May Benefit from some Pent-up Upward Thrust
Hello, Share Cats. Probably like yourself, I prefer to pick my own shares. But once in a while, an asset management group appeals to me. I’ve already recently brought a progress report on one of my two funds, BlackRock Greater Europe (BRGE). That has busted through another all-time high. My other such investment is the City of London Investment Group (CLIG). So how’s this one doing?…
- By Malcolm Stacey |
- 17 December 2020, 08:15 |
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Tom Winnifrith Bearcast: Okay unless you can do better my villain of the year has to be Mad Mark Drakeford
First I start with Joshua’s Advent calendar and the appearance of the star. Then who is to be my Christmas carol villain of the year then it has to be Welsh First Minister Mark Drakeford who today has just gone complelely bonkers as I describe HERE. Then I look at Vin Murria’s Summerway Capital (SWC) and explain why you are not too late even at 1.65p. then a look at AFC Energy (AFC) and my new policy on dealing with abusive trolls. I discuss Fox Marble (FOX) and averaging down and then the scandal that is Remote Monitoring Systems (RMS) gets even worse. Surely the Oxymorons must investigate.
- By Tom Winnifrith |
- 16 December 2020, 16:42 |
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Chamberlin – main businesses weren’t performing solidly... & certainly aren’t to be now!...
Less than a month ago a “Trading Update” from castings and engineering company Chamberlin (CMH) included that ongoing orders from its machine shop’s largest contract are likely to be a fraction of the original contract, though paid-for researcher Hardman still considered “the shares offer the opportunity to invest in a highly cyclical stock”! Today a further “Trading Update”, so alarm bells ringing… and intra-day (11:55am). Uh Oh…
- By Steve Moore |
- 16 December 2020, 16:06 |