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Latest News

GoldfishShark
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BREAKING: Big David Lenigas to list mining investment company - a sign the market is getting hot

If there is a stockmarket bandwagon underway, Dave Lenigas will be the first to get on board.

MIN
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Minoan – refinancing: expensive but a massive improvement

AIM-listed Greek resort outfit Minoan (MIN) has released news this morning of the refinancing of its pre-existing debt which used to be held by Hillside. The old lenders have gone and, mercifully, so have the stranglehold terms that came with the deal and in comes a new lender in the form of a outfit called DAGG LLP. The cost has been high, but the end result makes this well worth it.

D4T4

A Boring Name Should Not Put You off Looking into this Go-Ahead Technology Wizard

Hello, Share Tasters. This old punter has a mild prejudice against firms called by a set of initials or numbers which tell us nothing about them. A prime example is the unattractively named D4T4 Solutions (D4T4). What does this outfit do, you might ask? Well, it’s a technology outfit that operates customer data platforms. These are software gizmos that gather data from customers to help them and businesses they deal with...

CGNR
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Conroy Gold & Natural Resources – deal with Anglo Asian Mining, now let's get serious

Sometimes something comes out of left field and takes you by surprise. This morning, AIM-listed Conroy Gold & Natural Resources (CGNR) announced a proposed joint venture with fellow AIM-listed Anglo Asian Mining (AAZ) aimed at bringing Conroy’s Irish gold assets to production. Anglo Asian is a serious player, so this deal is a great achievement for Conroy – even if, as things stand, it remains heavily technically insolvent.

RPS

RPS Group – argues “Diversified and resilient global offering will enable a return to sustainable growth in FY-2021”… Will it & what about H2-2020?...

Previously writing on property, energy, transport, water, defence and government services & resources professional services group RPS (RPS), it was in late March with the shares falling towards 40p. Given the stock market recovery since, how’s the shares – and trading, following a second quarter update today?...

Bearcast
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Tom Winnifrith Bearcast: this is the final straw Boris, you can all kick me in the nuts if I ever vote Tory again

It is we in the private sector that have suffered the massive economic pain from the Government's blundering during Covid. It is also the private sector that will eventually create the jobs and wealth to pay for it. So what is Boris doing? He's landing us with a bigger bill to pay so he can reward doctors (the top 2% of earners), taking the fucking knee policemen and the bedwetting stay-at-home teachers. Fuck you Boris.  You and I are done - this was the final straw. After thar brief message from a (now) Plaid Cymru supporter, I look at healthcare bubbles, Aids and Covid, at Midatech Pharma (MTPH), Audioboom (BOOM), Conroy Gold (CGNR), IQE (IQE) and Bidstack (BIDS).

PURP
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Rishi’s no magician, Purplebricks is still toast in the end - and a chart which is a blast from the past

The deadwood press, notably those on the left which, natch, also includes the woeful BBC, loves the chancellor Rishi Sunak. Thanks to his forest of money trees the UK will see a V shaped recovery, jobs will be saved and no-one will have to pay for a policy response to a disaster which was entirely self inflicted: the mad lockdown. Of course, you and I know this is all tosh.

BIDS
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Bidstack trading update highlights continuing high cash burn and limited revenue

The Bidstack (BIDS) saga is one which I have watched unfold but have made little comment on myself, other than thinking that the valuation that it reached was bonkers and writing as much in an article on ShareProphets last May.

Bearcast
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Tom Winnifrith Bonus Bearcast: Synairgen - a message for Peter "ramper" Brailey and other Bulletin Board Morons

Peter Brailey thinks he will be selling his last Synairgen (SNG) shares at £10 based on its "cure" for Covid 19. Peter admits he has no specialist knowledge. It shows. He is thinking like a Bulletin Board Moron. I was paid to write on this sector for five years so know a bit and explain why he is not thinking straight.

KRM

KRM22 – outlook “continues to be positive”… or not?

Risk management technology for capital markets-focused KRM22 (KRM) has updated including “progress has been made with two new customer wins and cost and debt reduction” and that it “continues to have a strong pipeline of opportunities and is progressing well through the procurement process with two further tier one banks which the company expects will close in the second half of the year”. The shares have currently responded to 28p… approaching 14% lower!...

Newsboy
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All you do to me is TalkTalk (still)...

Two regulatory news items catch my eye today. I discussed a few days ago, the opportunities and challenges for gambling name GVC Holdings (GVC). The push-pull I noted with regulators and governments continues apace this morning with the announcement of a wider scope HMRC investigation into the group's former Turkish-facing online gambling business, now including 'potential corporate offending'...

SNG
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Synairgen – Why I bought, continue to hold and an apology

Synairgen (SYN) came onto my radar earlier this year. I bought. After yesterday’s monumental rise I’m quids in, and remain a holder. But I owe an apology – I dropped it from my final buy tip selection recorded for last weekend’s Mineprophets show. As discussed with Tom Winnifrith, I did not consider myself sufficiently expert to tip mining shares. Synairgen is a drug company, which is also not my area of expertise, however I liked the investment case but could not tip it – what do I know about bio-meds? Perhaps I should be bolder and more confident?

IQE

Dare I Mention IQE Again?

Hello, Share Chums. I take my life in my hands a bit today with a suggestion that IQE (IQE), the Welsh maker of computer bits, might be worth a tentative look...

PTD

Pittards – argues “managed the impact on cash” & “signs of recovery”… so why further share price decline?...

“Pittards plc (AIM: PTD), the AIM listed manufacturer of specialty leather, announces a new loan and trading update” – and the shares have currently responded to 39p, more than 6% lower...

Bearcast
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Tom Winnifrith Bearcast: Synairgen and the cure for Covid 19

I cover this company whose shares were up by 500% at one point today. Does Synairgen (SNG) really sit on a gold mine? I also look at three David Lenigas related situations: Empire Metals (EEE), Pires (PIRI) and UK Oil & Gas (UKOG). With regard to the last of the three, I mention Jubilee Metals (JLP), in which I bought some more shares today. I also discuss the "it's too good to be true" rule ref Amigo (AMGO)

KDR

Karelian Diamonds – Vehicle access rights, but there’s no money to actually explore!

AIM-listed Prof. Conroy lifestyle outfit Karelian Diamonds (KDR) offered up some good news this morning in that it it has secured vehicular access rights to its Lahtojoki diamond project. Well, it would be, but Karelian hasn’t any cash to spend on exploration so why the shares are up 24% is a mystery.

SCE

Surface Transforms – argues “remains on track”… but what about, for example, January 2012?...

Surface Transforms (SCE) has updated including “despite the impact of COVID-19… revenue for the six-month period grew 55%… Cash at 30 June was £2,018k (December 2019: £770k) to which can be added the R&D tax credit, in excess of £300k, expected in September” – and the shares have currently responded to 27p, approaching 4% higher...

PIRI
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The share rampers love in, the great Lenigas & Akers bromance

It is kind of sweet. The love big David Lenigas has for his fellow share ramper Chris Akers. Today it is Pires Investments (PIRI) where the dynamic duo are at play. the UK's top rampers of AIM listed dross are at it again.

Gold
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We all love gold...so let's invite the Canadians back!

I enjoyed contributing and participating in the MineProphets online conference on Saturday - and I hope those of you who purchased entry tickets came away with multiple ideas and a few new tips to consider. Certainly, there was a bunch of pro-gold calls but - as Tom noted in his post-conference bearcast - such bias is kind of inevitable given the nature of the conference and the speakers. I would double reiterate Tom's observation that the institutional investor world is still today - on average - very far behind on the gold call...

TERN
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Tern – yet another fundraise, £1.5 million at 8.5p (21% discount)

Well blow me down! AIM-listed jam-tomorrow POS Tern plc (TERN) has announced yet another fundraise, this time to raise £1.5 million at 8.5p. Given that the announcement came at 9am and the price just beforehand was 10.75p, that’s a 21% discount. Ouch.

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