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Tom Winnifrith Bearcast - calling in from shorting gang HQ in Shipston. Not!
I start with a few personal thoughts as I sit here with my father. Thank you for your kind words and prayers. Then I deal with the idea that ShareProphets and I run a shorting gang. It is libellous tosh. Then to the US election. I am almost ready to call both the Senate and the Presidency for the Dems. I called the House that way eons ago. I say almost and then discuss what that means for you and me.
- By Tom Winnifrith |
- 10 October 2020, 16:18 |
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Gold – should I be fretting about the short term or just “ignoring the noise”?
My pieces on Centamin (CEY) and gold over the past few days have picked up some interesting comment. Jimbo55 is worried and has been cleverly risk-managing his gold exposure. On the other hand, Putneywill seems to agree that the long term move for gold is up and TheBadger reckons that the increasing supply of US dollars in circulation suggests that gold is only heading in one direction. Meanwhile, Jordan Roy-Byrne of TheDailyGold.com simply says “ignore the noise”…
- By Nigel Somerville |
- 10 October 2020, 13:20 |
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Waste not, want not at Biffa
Corporate deals always provide insight. If you have been around for a while, then you will know that a bunch of deals struck in 1997, 1999 and 2007 typically did not age well. The jury remains out for the last couple of years but, suffice to say, the old mantra of ‘price is what you pay and value is what you get’ is still hugely relevant. That ramble brings us to my old mucker Biffa (BIFF), which is active in the waste and recycling business…
- By Chris Bailey |
- 10 October 2020, 13:11 |
How Thoughtful Daily Shares Timing May Save You Lots of Dosh
Hello Share Watchers. As most following this legendary website are already well versed in the way to play our golden game, I always hesitate before returning to basics. But another part of me says that it does no harm to revisit lessons we probably learned yonks ago, but which we may have become blasé about. So let’s look at the rudiments of daily timing…
- By Malcolm Stacey |
- 10 October 2020, 10:44 |
Table of shorted AIM shares - week to 09/10/2020
From the FCA’s spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2019 and thus far in 2020 (by net short position %, those in bold not on the list at the start of 2020) – and if this position has increased (red), reduced (green) or remained unchanged (black) since last week…
- By ShareProphets |
- 9 October 2020, 18:30 |
Mountfield Group – interims, after previously revenue, cash up & shares substantially down...
Writing last month on commercial flooring and specialist construction group Mountfield (MOGP), with the shares at 0.60p I concluded, with it stating “the increasing extent to which companies will rely upon home-based workers has and will continue to reduce demand for city centre located office space and in turn, for the flooring of large new or refurbished office premises within the City or in neighbouring areas”, I’ll continue to monitor this but, certainly currently, still avoid. Now half-year results… and the shares at 0.40p…
- By Steve Moore |
- 9 October 2020, 17:54 |
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Asiamet shares jump on deal news. What next?...
We tipped Asiamet (ARS) on January 24 at a 2.4p offer price. The shares are now significantly ahead after recent news. What next?…
- By Tom Winnifrith for HotStockRockets |
- 9 October 2020, 17:47 |
Gulf Marine Services – Seafox International responds, bank crunch still looms?
Yesterday I wrote on Gulf Marine Services (GMS) hits back at Seafox International, but bank crunch looms. Seafox has since responded…
- By Steve Moore |
- 9 October 2020, 16:45 |
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Minds + Machines Group – “Statement re: Contract”... & share price fall...
A “Statement re: Contract” from internet top-level domains owner and operator Minds + Machines Group (MMX) – and the shares currently at 5.25p, 11% lower…
- By Steve Moore |
- 9 October 2020, 15:38 |
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Versarien's ex US boss Patrick Abbott arrested on fraud charges again - yes it's an alleged covid scam
Oh dear. The following article from the Houston Chronicle is self explanatory. Say what you like about Patrick Abbott but at least he works to generate real sales, unlike anyone still employed at Versarien’s (VRS) graphene arm. I have swapped emails with Patrick who denies all charges vehemently.
- By Tom Winnifrith |
- 9 October 2020, 13:34 |
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View from the Montana Log-Cabin as Gold continues to correct...
One day gold is up, the next it is down – but the overall picture is one of not going anywhere. Gold was threatening to start to rebuild a head of steam and then Donald Trump announced that fiscal stimulus talks were to be suspended until after the US elections….and gold retreated again. I’m not sure why – both sides are promising to load the country up with more debt and a new package is a certainty once the election is over…
- By Nigel Somerville |
- 9 October 2020, 13:15 |
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Should you buy LSE newbie Yamana Gold?
You know I like gold. Regular readers will know that the company with the ticker GOLD on the New York Stock Exchange (Barrick Gold) is currently my largest position. However, I have been more choosy in my other selections in the space. Back in July I arched an eyebrow at the plans of Canadian larger cap gold play Yamana Gold (NYSE – AUY), to list in London from a rationale that ‘there is a void in London for a pure-play gold company producing 1m ounces a year in friendly mining jurisdictions’. Time to tap a different set of institutional shareholder punters?…
- By Chris Bailey |
- 9 October 2020, 09:20 |
Britbox Success Makes ITV Shares Worth Watching
Hello, Share Tasters. A company I’ve not covered lately because it fell on covid and has, so far, been slow to recover is ITV (ITV). I can see no obvious reason why this share has not rallied back to more normal levels. And I expect it to do so. Here are my reasons…
- By Malcolm Stacey |
- 9 October 2020, 09:15 |
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ShareProphets China AIM 'Filthy Forty' performance update – All Active Asset Capital in nest of vipers edition
Previously updating, we noted even with the gutter standards of some AIM Nomads, there was no one who wanted to take Walcom on and thus the ShareProphets China AIM ‘Filthy Forty’ was down to just 4! How’s the latest performance?…
- By ShareProphets |
- 8 October 2020, 18:01 |
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Will Brokerman Dan bankrupt his erstwhile mate, the market abuser, Chris Oil?
It appears that rumours of the financial distress of Christoper Williams, aka the market abuser Chris Oil are not exaggerated. The tweet below is self-explanatory.
- By Tom Winnifrith |
- 8 October 2020, 17:11 |
URU Metals – placing under starter's orders as new Corporate Presentation is launched
AIM-listed URU Metals (URU) – the company which drills shareholders as opposed to anything in the ground, according to Cynical Bear – has launched a new Corporate Presentation. That means its next confetti-fest is now under starters orders…
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 8 October 2020, 17:10 |
SRT Marine Systems – another trading update it is “pleased to provide”, but...
SRT Marine Systems (SRT) “is pleased to provide a trading update for the six months trading period ended 30th September 2020”, including “as expected, during the first half of this financial year, all revenues were derived entirely from the transceivers business due to there being no system business project milestones completed during the period… Unexpectedly given the Covid-19 pandemic, revenues for the transceivers business were 6% ahead of the same period last year, with the second half looking positive”. Sounds good…
- By Steve Moore |
- 8 October 2020, 16:48 |
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Union Jack Oil – West Newton B-1 well spud, news flow ahoy...
Union Jack Oil (UJO) has announced that the West Newton B-1 well (WNB-1) has spud with completion expected to take six to ten weeks…
- By HotStockRockets |
- 8 October 2020, 16:25 |
Gulf Marine Services – hits back at Seafox International, but bank crunch looms...
Yesterday I cautioned on the Seafox International dispute and financial situation at Gulf Marine Services (GMS) with the shares at 9.6p. Today an update from the company – and the shares currently at 8.3p…
- By Steve Moore |
- 8 October 2020, 14:54 |
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Adamas – the comedy continues: do I smell a rat? You bet!
Gary Newman stuck the knife in to AIM-listed Adamas (ADAM) – of the ShareProphets AIM-China Filthy Forty, no less – at the beginning of September when it announced a share buy-back at a higher price than a placing and open offer first announced in July, but which only completed today – and only partially. If that is not bonkers enough, it seems that a large chunk of the placing cash is yet to arrive. We were told yesterday that:
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 8 October 2020, 14:14 |