Schroder UK Public Private Trust (SUPP) – formerly Neil Woodford’s Patient Capital Trust (WPCT) – slipped out a new but unaudited net asset value statement yesterday at 3.32pm and it was shocking: it wiped another 20% off the previously stated NAV to bring the official figure down to just 35.01p per share. That, against the fantasy 89.07p when the flagship Woodford fund, Woodford Equity Income, was gated on 3 June 2019.

Hello, Share Smashers. Boring shares can be good to have because they’re less prone to disasters. And, as we all know, it’s the big mishaps that so easily wipe out all the happy progress we’ve made with other components of our precious shares bag. Which brings me to my rather large holding of Legal & General (LGEN).

A “secures major City of London project”-titled announcement from security and surveillance systems company Synectics (SNX) and the shares currently up 11% in response, to 150p. Justified?…

It is a while since I took a look at AIM-listed Igas Energy (IGAS) – the last big round of coverage followed Andrew Austin and his dodgy deal with Equities First, and the subsequent refinancing which we correctly called as the oil price plummeted. Today, the company revealed its accounts for FY20 and there was a striking similarity……

You know some of my recent thoughts on the cruise ship company Carnival (CCL), which I bought too early in the Covid-19 crisis but doubled up more sensibly. So are we going to see a run back to a twenty quid or above share price to bring me back to profit?

I have spent the past day sorting out books and furniture at my late father’s house and reflect on that. Then I discuss Hurricane Energy (HUR) and why I am not selling my shares in MyHealthChecked (MHC) yet, and why they will pass through 10p fairly soon. 

CyanConnode (CYAN) “is pleased to provide a trading update for the financial year ended 31 March 2021” and the shares have currently responded 16.5% higher to 7.75p, though still below the 8.3p when I previously wrote on them in February. So what’s the story now?…

Previously writing on financial markets cloud computing and connectivity group Beeks Financial Cloud (BKS), last month I noted a net cash outflow meaning a swing to a net debt position. Now a placing at 115p per share raising it £5 million “to accelerate the company’s growth strategy and capitalise on the significant market opportunity and solid sales pipeline”. Hmmm…

I may have given the impression that Canada was a semi-socialist woke hell hole run by the biggest poltroon on this planet where within a few years the economy will be such a trainwreck that folks like Darren Atwater will be forced to eat their cats. If so, I’d like to apologise, for Canada is a progressive paradise run by a visionary statesman, Mr Justin Trudeau, who wears his Eid socks to the Pride parade, or vice versa (I forgot); a chap who is eerily reminiscent of FDR or Churchill. Where this dynamic and free nation leads, the rest of the world surely will follow which is bad news for loathsome promoter Neill Ricketts and Versarien (VRS).

Todays RNS from Hurricane Energy (HUR) provides further and better detail on the reserves and contingent resources for the company. The numbers are worse than I expected. With a further warning on potential shareholder wipe-out, the chance of a zero or effective zero just increases with each RNS.

After yesterday’s shambles, when Aquis-listed Truspine (TSP) finally reached the inevitable conclusion that £250,000 due for shares at the IPO last year in August at 36p a pop was not going to come in. Not surprising, as the shares have since cratered by 75%. The shares dropped on the news by another 13% to just 7.3p. Truspine has been somewhat tardy with regard to updating the market on progress….or lack of it……but has been rattling the tin at 10p per share. One would have thought that under the circumstances the computer would just say “no”, but…..

Hello, Share Scoopers. One of my most likely shares to rise (in my humble reckoning) has just shared some news which could brighten its prospects in the fairly near and far future. We can thank President Biden for these glad tidings. The new administration seeks to modernise America’s drinking water, sewage and stormwater systems. It will also ‘tackle new contaminants, and support clean water infrastructure across rural America’.

Manager of promotional and retail merchandising space SpaceandPeople (SAL) “is delighted to announce that it has extended its commercialisation agreement with Land Securities Properties Limited for the provision of experiential activity and short-term retailing until 2026”. With the shares, at 10p, capitalising the company at £1.95 million, what’s the financial import?…

When it comes to Alaskan oil explorer 88 Energy (88E) the hype around its drills has always far outweighed the actual results that it has managed to achieve, as can clearly be seen if you look back at a chart over the past five years or so and the timing of the big gap downs in the share price.

For the Rosslyn Data Technologies (RDT)/porno man reference see HERE. Meanwhile, a “Directorate Change” announcement from the company today states that this “leading global big data technology company, today announces that Roger Bullen, CEO, is stepping down” but that “he leaves the group in a good position for the next stage of sales-led growth under Paul Watts”. Hmmm…

It is good to see the UK market opening up again after the Easter break, including a pleasantly positive move by Central Asia Metals (CAML) which I positively wrote up yesterday HERE. Otherwise I have been following Tom’s comments on the comedy Deliveroo (ROO) float. I note this morning’s update that ‘Deliveroo Holdings plc will announce its trading update for the First Quarter of 2021, on Thursday 15th April’ as finally a bit of sensible news from this one. Look forward to writing that up then…and finally giving a view about whether the nearly 30% share price fall since last week’s float has made it close to being at an interesting share price…or not! Elsewhere I also see that HomeServe (HSV) is out with an update…

Off to Shipston in a minute but before then I cover en passant: Kefi (Kefi), Serabi Gold (SRB) and 88 Energy (88E). I also beg you again to help Woodlarks – we are now just 7 Rogue Bloggers thanks to an injury and are just shy of £4,000 pledged - help get us over the £4,000 mark today HERE. The bulk of bearcast looks at the fraud Supply@ME Capital (SYME) and the hard numbers which show what a joke its Singapore deal is. Anyone holding these shares is truly insane. My target remains 0p.

I first warned that The High Street Group was a £60 million mini-bond scandal waiting to collapse 358 days ago. But the FCA has still failed to act. Now the company has lost its second auditor within 7 months. Surely the woke dullards at the FCA can take a few minutes off from issuing another paper on the transgender pay gap to take some action?

Ethernity Networks (ENET) is “very pleased” to have started receiving production orders for its Flow Processor FPGA systems-on-chip from American wireless broadband solution manufacturer Tarana Wireless Inc., and the shares have currently responded 10% higher to 33p. Justified?…

Zoetic (ZOE) owning morons are getting terribly excited by news that its products are NOT to be removed from the very few shelves on which they gather dust here in the UK. This is all to do with a tightening of the rules for selling CBD as an ingestible.