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GoCompare – did quotelinedirect rip me off: you bet it did, here are the numbers
I have now lodged a formal request to quotelinedirect (owned by Bollington Insurance brokers) to be compensated for how it scammed me with a rip off car insurance policy last year. If I do not get c£1850 and interest back within eight weeks I go to the Financial Ombudsman immediately. I have, in the interests of transparency, said that I am a financial journalist so it knows that I shall write about the case.
- By Tom Winnifrith |
- 9 September 2020, 11:58 |
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Explosive: Verditek: High grade Tory sleaze and more damning evidence of fraud
I have already demonstrated that AIM listed Verditek (VDTK) misled investors in a material way with regard to phantom orders ahead of placings in September 2019 and March and May this year. But this now gets far worse and AIM Regulation/The FCA needs to step in at once. Let’s start with the high grade Tory sleaze.
- By Tom Winnifrith, The Sheriff of AIM |
- 9 September 2020, 11:13 |
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Haydale Graphene – as warned, placing at 31% discount.
I have warned and warned and warned that AIM-listed Haydale (HAYD) needed more money and having jumped on the Covid-Bandwagon at the beginning of July and seen its shares slide from 8.45p on 20th August to last night’s close at just 5.1p, this morning the company announced a bookbuild at just 3.5p to raise £3 million. The only question is whether it should be Ouzo on my Cornflakes or my Rice Krispies.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 9 September 2020, 11:11 |
Diageo's Sales Drop But the Drinks Giant Should Soon Be Back on its Sturdy Feet
Hello Share Mates. There is evidence that companies that sell a good time, like cinemas, leisure centres and drinks firms do better when times are difficult. It’s all to do with consolation. But thanks to the virus, that no longer really applies to the first two. However, Diageo (DGE), the famous drinks purveyor, could soon be back on its very sturdy feet…
- By Malcolm Stacey |
- 9 September 2020, 09:16 |
CyanConnode – emphasises “Director Share Purchases”, But...
A “Director Share Purchases” announcement from CyanConnode (CYAN) – and the shares currently a further more than 5% higher in response, to 5.15p…
- By Steve Moore |
- 8 September 2020, 17:29 |
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No surprises for me from easyJet and DS Smith updates today
Life in the real economy is never straightforward. A simple visit to the opticians took longer than a football match to complete and so I had to rush back to make my booked slot to be allowed to go to the local tip (after I embarrassed myself on Sunday just rolling up and being told off by the ‘environmental adviser’ on the gate). So finally back at my desk and two names catch my eye today…
- By Chris Bailey |
- 8 September 2020, 15:59 |
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Leisure sector blundering Boris impact further update...
I updated on leisure sector blundering Boris impact last month HERE and note an announcement from one of those companies today…
- By Steve Moore |
- 8 September 2020, 14:46 |
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Advanced Oncotherapy – ramptastic 'technical update', how long ‘til placing o’clock?
Yesterday AIM-listed Advanced Oncotherapy (AVO) announced a new joint broker in the form of SI Capital. Today we have a ramptastic update…..should we draw a conclusion?
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 8 September 2020, 14:36 |
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A bearcast from Two Tom Winnifrith's: is this more Tory Innovate UK sleaze? This time it is Verditek
It is a father and son effort today from Shipston. On the agenda: Verditek (VDTK), Xtract Resources (XTR), and IQE (IQE).
- By Tom Winnifrith |
- 8 September 2020, 13:25 |
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i-nexus Global – “now operating at monthly P&L break-even”, But...
i-nexus Global (INX), self-styled “a leading provider of cloud-based Strategy Execution software solutions designed for the Global 5000, today provides an update on its trading and financial position in anticipation of its financial year end on 30 September” – and the shares have currently responded to above 5.5p, approaching 70% higher…
- By Steve Moore |
- 8 September 2020, 12:36 |
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Have I been utterly ripped off by insurance broker quotelinedirect?
It may amaze you but I have not had to have insurance on a normal car for so long that when I bought a battered Berlingo last year, I had totally forgotten the process and was thus a naive sucker. The Berlingo cost £1000 and the local car dealer introduced me to quotelinedirect.
- By Tom Winnifrith |
- 8 September 2020, 10:33 |
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Supply@ME Capital – insiders dump shares and pretend it is a good thing! Shameless rogues
The company with no revenues, cash or serviced clients, an RTO prospectus which must rank as the most dishonest in history, which tells demonstrable lies, where the CEO dumped shares while pretending he was not, and where the sole London regulated advisor, its broker, has quit, has served up a statement of stonking disingenuity today. I refer, of course, to Supply@ME Capital (SYME).
- By Tom Winnifrith |
- 8 September 2020, 09:32 |
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Woodbois – interims, reasons for confidence...
Woodbois (WBI), the African-focused forestry and timber trading company, has announced results for the first half of 2020 and “over the summer months… order-flow from Asia, the Middle East and Europe has suggested a strong bounce-back in demand for construction materials, and one that Woodbois is better equipped than ever to fulfil”…
- By HotStockRockets |
- 8 September 2020, 09:30 |
Why I think Moneysupermarket.com Compares Well With Other Shares
Hello, Share Smashers. Reviewing the chances of comparison websites is not something I’ve really done before. But I rather like the look of Moneysupermarket.com (MONY), even if I cringe at its annoying TV adverts. The shares took a nasty dive at the onset of the virus but, like so many outfits in the insurance game, they’ve recovered fast…
- By Malcolm Stacey |
- 8 September 2020, 09:20 |
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Bonkers! Adamas bizarrely uses the recent placing proceeds to buy back shares at a higher price!
I’ve just seen one of the most ridiculous RNSs that I’ve ever read appear for a company called Adamas Finance Asia (ADAM) – it has announced that it is buying back shares at a higher price than it has just placed them at!
- By Gary Newman |
- 7 September 2020, 17:29 |
CyanConnode – how ‘pleasing’ is new Omnimesh order?
Self-styled “a world leader in Narrowband Radio Frequency Smart Mesh Networks”, CyanConnode (CYAN) “is pleased to announce a new order for the Indian state-owned utility ‘Madhya Pradesh Paschim Kshetra Vidyut Vitaran Company Ltd’, for 350,000 Omnimesh Modules, with the majority of payments secured against a Letter of Credit”… and the shares are currently at 5p, approaching 15% higher. So what are those payments?…
- By Steve Moore |
- 7 September 2020, 17:25 |
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Tom Winnifrith Bearcast: Maybe I was wrong (it happens now and again) on AEX Gold
I start with a London millionaire slating me for being an Alt Right billionaire. I am neither but our in-house Euro loon Jonathan Price is a peculiar fellow. I look at the madness at Vela (VELA), at Future (FUTR) and its trading statement (a win so far for Mark Slater vs Matt Earl), at what Verditek (VDTK) did NOT say, and at AEX Gold (AEXG) where the CEO is 13, or at least looks it, but I may have been a bit harsh before.
- By Tom Winnifrith |
- 7 September 2020, 16:09 |
Advanced Oncotherapy – Is it Placing Ahoy, and look what the cat dragged in!
I see that AIM-listed Advanced Oncotherapy (AVO) has appointed a new joint broker, in the form of SI Capital Ltd. Normally for an AIM-listed company surely one broker would be enough – unless someone wants to rattle the tin.
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Amigo hits back: James Benamor is clearly an A grade bullshitter
Instinctively, I back an entrepreneur against corporate suits, a founder against professional managers, a rebel against the board. But in the case of Amigo (AMGO), I cannot back founder entrepreneur James Benamor as he tries to oust the board due to the fact that Benamor is an A grade bullshitter.
- By Tom Winnifrith |
- 7 September 2020, 15:47 |
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CloudCoCo – launch of education global remote access solution, on the corona bandwagon?...
“CloudCoCo (CLCO), a UK provider of IT and communications solutions to businesses and public sector organisations, announces the launch of a Secure Global Learning Access solution for UK institutions delivering education and their students, and inclusion of the solution in a leading education procurement framework”… and the shares have currently responded to 1.55p, approaching 30% higher…
- By Steve Moore |
- 7 September 2020, 15:00 |