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DGE
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Drink up! Diageo tells you how it is out there...

You may recall that Tom and I had a conversation back in October about Diageo (DGE) and how this loved-up bond proxy captured everything that was wrong about consensus investing. Naturally, shareholders who had followed our lead and sold could buy back today at a considerable discount to the share price back then...however what I like to think we highlighted was that the cosy consensus that such global consumer behemoths were always and everywhere a core portfolio holding is far from obvious…

NMC
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NMC throws in the towel – it is Game, Set and Match to Muddy Waters

NMC Health (NMC) announced late yesterday that it was “not in a position to oppose successfully the court application by Abu Dhabi Commercial Bank to have the company placed into administration at today’s hearing. In other words it is game over...

EMAN

Everyman Media Group – after three weeks ago “significant headroom in its loan facility”…

A 17th March “COVID-19 update” from cinema group Everyman Media (EMAN) stated “the group has significant headroom in its loan facility and is in dialogue with its lenders on covenants to maintain liquidity through this period of uncertainty”. Now “the company has conditionally placed 17,500,000 ordinary shares at the placing price of 100 pence per ordinary share… together with our existing funding arrangements, this placing significantly strengthens our balance sheet providing further working capital and allows us to pick up where we left off”. Hmmm...

Isolation

View From Reader's Windows & Desks: Isolation Edition. No 12 Stuart in Pendle Hill, North East Lancashire

We're inviting you to send pictures in of what you see out of your window and/or of your new workspace. Just email them to editorial@shareprophets.com . Today, we're looking at the view of Stuart in Pendle Hill, North East Lancashire.

AZN

This Giant Pharma is Working on Three Promising Fronts to Beat the Virus. Surely Its Shares Should Rise Before Long

Hello, Share Collectors. Today’s choice is probably the last in my humble series of medical companies possibly to see fast-escalating share prices once the crisis is over. This is one of the biggest pharmas directly involved in the fight against the outbreak. I don’t hold shares in AstraZeneca (AZN), having chosen instead its big rival GlaxoSmithKline (GSK), but my finger will hover on the buy button once the outbreak peak is over...

GRL
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Only On the AIM Casino … just carry on trading shares in a company that doesn’t exist anymore: Goldstone Resources

Oops... this is more than a bit embarrassing for Goldstone Resources (GRL), its boss Ms Emma Priestley, hapless Nomad Strand Hanson and indeed the wider AIM Casino, aka the world’s most successful growth market. Shares in Goldstone were suspended at 1.30 PM as it appears the company does not actually exist and has not done so for half a year.

Bearcast
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Tom Winnifrith Bearcast: No! No! No! This is very wrong indeed Tesco & more shocking Nostra Terra revelations

I look at news that Tesco (TSCO) is upping its dividend while getting a massive tax break from the taxpayer. This is wrong at every level. The Times tries to defend it, no doubt on orders from a powerful corporate PR machine, but this is simply a transfer of wealth from the poor to the rich and should not be allowed. I look at Nostra Terra Oil & Gas (NTOG) following up on my earlier piece with more questions for the board and Nomad, Strand Hanson, and another shocking revelation abiout the behaviour of CEO Matt Lofgran. Finally a few words on Concepta (CPT), my share tip of the year where I have averaged down in today's placing. 

OTB

On the Beach Group – a laudable update… but share price response merited?

Online travel agent group On the Beach (OTB) has made a “COVID-19 and Banking Facilities Update”, including noting “this environment of limited demand and therefore limited revenue” – the shares though, at around 250p, are currently 25%+ higher in response…

NTOG
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Nostra Terra, the deception, the Dilution the stitch up. J’accuse Matt Lofrgran

On April Fool’s day there was an upbeat statement from Nostra Terra (NTOG) promising all sorts of good things. What it neglected to mention was that trade creditors had risen to £230,000 as the cash burning enterprise had no cash and so imply could not afford to pay its bills. One of those owed cash (£60,000) was Nomad Strand Hanson, boy how it must have been hoping for a placing….

RWS

RWS Holdings – some “increased demand for services”, BUT...

Self-styled “one of the world's leading language, intellectual property support services and localization providers”, RWS Holdings (RWS) has updated including “all RWS divisions remain fully operational” and “in recent days, the group has noted increased demand for services within both our Life Science and Moravia divisions, as our teams help with the clinical trials for new COVID-19 vaccines, translate training material for COVID-19 related antibody testing devices and provide additional services to the group's technology customers, who are recording higher usage of their online communication and social networking platforms. However,”

Isolation

View From Reader's Windows & Desks: Isolation Edition. No 11 Leslie in Meriden, Solihull

We're inviting you to send pictures in of what you see out of your window and/or of your new workspace during the lockdown. Just email them to editorial@shareprophets.com . Today, we're looking at the view of Leslie in Meriden, Solihull.

TSCO
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Tesco – every little bit of panic buying helps...

Full year results time at Tesco (TSCO). Normally it would all be about what it has achieved over the last fifty-two week period and whether things are getting slightly better or slightly worse, but you can guess the challenge of looking at the food retailer as its world rather changed at/around the balance sheet date of 29th February…

Gold
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Gold: Dislocation, dislocation, dislocation! It is all going only one way!

Readers will know that I am a gold bull and think it is a dead cert to go up in the current crisis as governments spend money they haven’t got and central banks roll out the printing presses. Also noticeable is the lack of physical gold supply in the US which has already forced COMEX to change the contract details to allow delivery in London as opposed to New York – a bit of a problem, given that there are no flights to put it on! But why are Gold Futures in June trading $50 above the spot price?

AFX

Alpha FX – placing… for growth ‘investment’ or to ‘bolster’ cash position?

Alpha FX (AFX) “is pleased to confirm… the group has raised a total of £20 million… at 680 pence per share” – this after the shares had last closed at 695p and an update last week from the company having included “the group has built a strong cash and liquidity position since inception and had a very healthy cash position going into this crisis, with net assets increasing by 18% to £57.6m in FY2019 and significant excess cash which it was yet to deploy”...

EZJ
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BREAKING: Sir Stelios brands Easyjet board scoundrels, wants CFO fired, says chairman plays "dirty trick" tries for EGM a second time

Easyjet (EZJ) founder and largest shareholder Sir Stelios Haji-Ioannou has hit out at the Easyjet board, terming them scoundrels, and slated Airbus as a bribe giving arms maufacturer in a stinging letter out this morning. As you can see below, he does not mince his words.

NCYT

This Rocketing Virus Weapon is Worth Keeping an Eye on, Though I'm Avoiding it at the Mo

Hello, Share Mashers. Most of you will be hopeful about the current rise in share prices. But when the real recovery finally gets underway, a few companies will deliver to rally their share prices to outdo previous levels. Obviously, a few medical companies could shine here. I’ve looked at a few contenders over the last fortnight, but here’s another one you may wish to keep track of...

 

Bearcast
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Tom Winnifrith Bearcast: A share which I own is either a Covid 19 zero or a multibagger, let me explain

First an appeal on behalf of Darren, please can you assist him. Then I look at R4E (R4E), a Covid zero or a multibagger. Then compare the management at Restaurant Group (RTN) and then at Cineworld (CINE) where the greedy bastards are doing exactly what Liverpool FC did before there was a public outcry. Then a note on Bidstack (BIDS) and a look at 88 Energy (88E)

FOUR

4imprint – shares up on “Coronavirus (COVID-19): Update”… so some positive news?...

“Coronavirus (COVID-19): Update” from “leading direct marketer of promotional products in North America, the UK and Ireland”, 4imprint (FOUR) – and the shares currently approaching 4% higher towards 1900p… so some positive news?...

PERE
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Pembridge Resources serves as a good example of how quickly everything can go wrong for small producers

At the start of this year a small AIM outift called Pembridge Resources (PERE) was getting a lot of attention and there were all sorts of predictions being made as to how high the market cap should be based on its share of a copper mining operation.

SGE
premium content

It is also Sage to look at shares that are not romping...

Exciting times if you are long and strong on equities. Obviously it probably means you were long and strong back in February and March too, but we will gloss over that. Naturally I know something about that... Anyhow, rather than rambling on about the largesse of the Saudis in backing Carnival (CCL) or the 'skills' of easyJet (EZJ) in securing a £600 million coronavirus loan from from the Treasury and Bank of England’s emergency coronavirus fund, time to talk about a name that has not been so impacted by all the coronavirus issues…

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AAU

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ANP

Anpario – a recovery Buy?...

Thursday »

Cat_Fixing_Lightbulb

Bearcast issue update: all should be well

 

ORCP

Oracle Power: Cynical Foul

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