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San Leon Energy – another investment with returns from repayments and equity...
San Leon Energy (SLE) has announced a conditional investment which it emphasises “gives us the opportunity again to generate a meaningful return from repayments in the coming years as well as looking forward to a longer-term dividend return from our shareholding”…
- By HotStockRockets |
- 4 September 2020, 09:22 |
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Chaarat Gold – a buy?...
Chaarat Gold (CGH) describes itself as an “AIM-quoted gold mining company with an operating mine in Armenia and assets at various stages of development in the Kyrgyz Republic”. The shares commenced 2020 at 35.2p, with the gold price then below $1,550. The gold price is now above $1,950, but the shares are still available at a 38.9p offer price – with the company most recently updating earlier this month…
- By HotStockRockets |
- 4 September 2020, 09:15 |
An Update on Two Shares which Tom Hates, But Which I'm Holding onto
Hello, Share Punters. As I attract more readers for them than other shares I review, allow me to update you on two companies that Uncle Tom Winnifrith hates for all the many reasons he’s often outlined on this glittering website. I refer to Avacta (AVCT) and IQE (IQE)…
- By Malcolm Stacey |
- 4 September 2020, 09:10 |
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7digital Group – discounted placing, argues “secure the future of 7digital”. Does it?...
Self-styled “global leader in B2B end-to-end digital music solutions”, 7digital Group (7DIG) has announced a “oversubscribed placing and subscription… raised £6.0 million (gross)… to support immediate and medium term commercial growth opportunities, in particular within home fitness, artist monetisation, and social media”…
- By Steve Moore |
- 3 September 2020, 13:30 |
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Me and a bunch of value investors agree on Headlam Group: Buy
About a year ago I wrote about buying the floorcoverings distribution name Headlam (HEAD) below four quid a share, even if ‘dancing with a company intimately linked with consumer spending and the property markets at this time of seemingly great uncertainty’ are still apparent. Well the call went well and the share topped out at just over five pounds either side of the turn of the year. However, chuck in a slug of Covid-19 and the resulting consumer caution and hello just sub three pounds a share today…
- By Chris Bailey |
- 3 September 2020, 13:05 |
Bonkers: Asimilar Exercises Its Right to Overpay for Dev Clever Shares
Welcome once again to the bonkers world of (Sub-) Standard-Listed Asimilar (ASLR). This morning we learnt that it had exercised its right via its new subsidiary which was surely not only worthless but worth a minus amount at acquisition to pay 10p a share for confetti in fellow Sub-Standard Listed Dev Clever (DEV) when the shares were 8.85p. But it is worse than that….
- By Nigel Somerville |
- 3 September 2020, 13:04 |
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Tom Winnifrith Bearcast: My great grandmother was illegitimate but James Parsons is a complete and utter bastard
I have been doing good work on the mystery of who my great grandmother really was. My great aunt, her daughter being the actress Anna Lee, did some work as you can see HERE, but I have gone a step further and have an agreement to do a DNA test to solve the mystery once and for all. I discuss this distraction and then move on to Sound Energy (SOU), Optibiotix (OPTI), Cobra Resources (COBR), and 7 Digital (7DIG).
- By Tom Winnifrith |
- 3 September 2020, 12:47 |
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Uber ramped worthless POS Iconic Labs: are the wheels coming off Joe Media’s business already?
No news is bad news and here is why Iconic (ICON) seems to be sitting on bags of bad news. Will this company, still being run as a shadow director by toxic David Sefton, come clean? This is what it needs to clarify…
- By Tom Winnifrith |
- 3 September 2020, 09:19 |
Are UK Taxes set to soar?
So who will pay for Rishi’s profligacy? Er…..you!
- By David Scott |
- 3 September 2020, 09:19 |
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Limitless Earth – AIM’s worst FD strikes again with accounts that are sheer fantasy
Limitless Earth Plc (LME) has published its annual report for the year ended 31 January 2020 which was approved on 30 July 2020. Readers might recall that in my previous article I called out a number of issues with respect to the accounts as prepared by Nilesh Jagatia, a man who is, without doubt, the worst FD on the AIM Casino. And the competition for that title is truly intense.
- By Tom Winnifrith, the Sheriff of AIM |
- 3 September 2020, 09:18 |
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Dozens Savings PLC and Project Imagine Limited: Run for the Hills, Run for Your Life
When it comes to this enterprise, Iron Maiden was, as was often the case, bang on the money. Last week, Dozens Savings PLC made the following announcement:
- By Tom Winnifrith |
- 3 September 2020, 09:18 |
Centamin – fingers on buzzers as Gold correction continues
Annoyingly, Jordan Roy-Byrne of TheDailyGold.com seems to be right yet again! I had wondered whether the worst of the correction in Gold and gold stocks was over, Roy Byrne reckoned no and Gold headed south. But the general direction of travel is up, so corrections will throw up opportunities and I think one is coming with fully-listed Centamin (CEY).
- By Nigel Somerville |
- 3 September 2020, 09:17 |
Delayed Accounts for Creightons Prove to be Jolly Hockeysticks After All.
Hello, Share Fans. Those misguided souls who read my modest column will know I rather admire Creightons (CRL) the sanitiser king. But as mentioned recently, the shares took an unfair dive when the company took advantage of a Covid concession to post its full-year results late. Some of us had worries the delay meant somebody might be trying to hide the fact that the numbers, once expected to be high on covid benefits, would actually disappoint.
- By Malcolm Stacey |
- 3 September 2020, 09:16 |
Microsaic Systems – “pleased to announce” results & update on trading. Er!...
“Microsaic Systems plc (MSYS), the developer of point of need mass spectrometry instruments, is pleased to announce its unaudited interim results for the six months ended 30 June 2020 and an update on trading since the period end”. Encouraging then?…
- By Steve Moore |
- 2 September 2020, 17:23 |
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Tom Winnifrith bearcast: what interests me today is the lesbianisation of history
I am prompted by my hero Mr Peter Tatchell and having checked with another hero, Mr Kelvin MacKenzie, that I am not misquoting him, I shall be penning a piece tonight on this fascinating subject. Elsewhere I look at Pendragon (PDG), Nostra Terra Oil & Gas (NTOG), Wishbone Gold (WSBN), Tern (TERN), Dev Clever (DEV), and Supply@ME Capital (SYME) and why the FCA MUST act against the last two enterprises on my list today.
- By Tom Winnifrith |
- 2 September 2020, 16:41 |
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Block Energy – dissident shareholders gather forces: we back the rebel alliance
Gary Newman was – quite rightly – never a fan of AIM-listed oiler Block Energy (BLOE) – despite its apparently large fan-base on the Bulletin Boards. Now, it seems as though some shareholders – apparently representing around 20% of the stock – have had enough. I gather they want to know what is going on, but can’t seem to get management to engage. Given the apparent shambles, it is hardly surprising.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 2 September 2020, 16:38 |
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Letter to FCA – Yet More Market Abuse at Supply@ME Capital, time for swift enforcement
Aided and abetted by Good Germans such as the Sith Lord Zak Mir as well as active stock manipulation by unscrupulous social media operators, the ramping of con company Supply@ME Capital (SYME) continues. But at the heart of this are the activities of CEO Alessandro Zambini whose activities I exposed at the weekend. This is clear market abuse and I have written to my great fans at the FCA asking for a formal enquiry.
- By Tom Winnifrith |
- 2 September 2020, 14:51 |
Gooch & Housego – trading update, “remains in a good financial position”?
Photonic systems, components and instrumentation for applications in the aerospace & defence, industrial and sciences sectors company Gooch & Housego (GHH) has updated including that its “manufacturing locations in the UK, USA and China are now fully open, thanks to measures that were quickly and efficiently put in place by our site teams, minimising the disruption of the COVID-19 pandemic for our customers whilst keeping our employees safe… Trading levels in June and July reflected the recovery in the company’s manufacturing capacity and some of our larger customers’ manufacturing sites reopening… our order book remains robust”. The shares though are still not much above levels from when I previously wrote on the company in April…
- By Steve Moore |
- 2 September 2020, 14:39 |
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Ariana – Cracking news from Arzu South
We are still awaiting developments regarding AIM-listed Ariana’s proposed corporate action to bring Ozaltin into its Red Rabbit JV with Proccea along with Ariana’s wholly-owned Salinbas project in Eastern Turkey in return for $30 million, plus whatever Proccea ends up paying. We are told today that Ariana is focussed on finalising this in the coming weeks. While we wait, Ariana has popped up with some stonking drilling results from its Arzu South pit: it seems that there is more gold……
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 2 September 2020, 13:17 |
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Cambria Automobiles – trading update, macroeconomic reality starting to impact?
Dealerships company Cambria Automobiles (CAMB) has updated including “results for June and July well ahead of the previous year and management expectations”, but the shares are still around 50p comparing to 70p in February…
- By Steve Moore |
- 2 September 2020, 12:42 |