I commented previously about Reabold (RBD) and the undisclosed recipient of 420 million shares handed over as consideration for the acquisition of Gaelic Resources Ltd and the large share transactions on 31^st January. Yesterday’s TR1 confirmed that Miton was not the seller. So that only appears to leave one option – the recipient of the 420 million shares. With no appropriate disclosures it’s time to write to the FCA – so I have.

Given the abject performance of the Miton Smaller Companies Fund managed by Gervais Williams, driven by a combination of utterly dire stock picking and mass redemptions, I have more than once suggested that Mr Williams has the potential to be the new Neil Woodford. But today I can reveal that Williams is performing a trick used by Woodford and it is one that his ACD and the FCA should be investigating with some urgency.

Bidstack really should be clarifying its financial position. By my calculations it can meet payroll this month but will not be able to pay its bloated wage bill at the end of May. Its financial position is certainly perilous and that means that this company, run by a proven liar, Lyin’ James Draper, needs an urgent bailout placing ASAP. That is one issue it should clarify via RNS. The second is to clarify whether a statement it issued via RNS Reach yesterday was misleading. I believe it was, as explained HERE, and have now written to the Oxymorons at AIM Regulation suggesting that they force a follow up RNS. The letter is below.

A “Trading Statement” from bus services provider Rotala (ROL) including that the directors believe that it “will be well placed to take advantage, when restrictions are lifted, of the increased opportunities in the bus market that were evident before the onset of the coronavirus epidemic”...

Columbus Energy Resources (CERP) has updated on its measures with it “actively working to make itself resilient during the current downturn” and “optimistic that it will emerge well placed for the future”…

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...

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 Mark in Solihull

Hello, Share Crispers. With the markets closed it give me another chance to cheer up those who take part in our beautiful game. Though I expect you have higher hopes for your portfolio than you had two weeks ago. There’s light in the tunnel. The government health advisors tell us so. As I write, the Footsie is up 3.5% Here are some other reasons why our at least some of our shares could soon rise a lot more than that.

I start with a note on Bidstack (BIDS), which I shall be taking up with AIM Regulation over the weekend and end with Future (FUTR) which needs to issue a profits warning. In the middle I go therough the very murky tale at AIM listed All Active Asset (AAA) which sees uber ramper Chris Akers in action and Peterhouse Corporate Finance boss Peter Greensmith make a £768,000 killing in his private vehicles while acting as broker and pulling the strings at AAA and also acting as broker to suspended AIM stock Asimilar which is involved in this strange tangle. Then it is onto Optibiotix (OPTI) and a small placing. But this is not a bailout as Cynical will no doubt claim but,possibly a gateway, to a mega re-rate as I explain.

Want to placate your investors and even normalised EBITDA (bullshit earnings) still looks bad? Well here is a coffee mug for many FDs flagging up another possible adjustment. With a hat tip to Jim Mellon for this spot...

It was just three months ago that we warned repeatedly that Anglo African Oil & Gas (AAOG) should not proceed with the offer from AIM uber dog Zenith Energy (ZEN) and instead refinancing proposed by Richard Jennings. Inept Chairperson Sarah (Can’t) Cope ignored our advice which would have seen past dealings by her pal toxic David Sefton opened up to public scrutiny and bullied through the deal.  Today her folly has been revealed in full and this company is surely toast.

Jordan is the only technical analyst we take at all seriously but this call from the guru at Palisade Capital is surely a tad extreme?

That AIM-listed Catenae Innovations (CTEA) is in a state of technical insolvency is surely beyond question. Last night at 5.30pm – no-one-is-watching o’clock – the company announced the appointment of a new sole Broker in the form of Brandon Hill Capital and miraculously, this morning it has announced it has joined a consortium with the objective of building an identity documentation system to record an individual’s Covid-19 test status. Yes folks, this technically insolvent POS is trying to jump on the Coronavirus bandwagon! But this morning’s RNS has to questionable on at least one point…..

I have written on Funding Circle (FCH) a few times on this website, most recently here where I noted that targeting 'adjusted EBITDA break-even' and continuing to expect free cash outflows hardly made a compelling business case even before you considered the lack of the validity of the business model given 'it is late to the lending party and hence likely to be skewed to a bunch of loans which the big banks - for whatever reason - have passed on'. Today's update from the company sounds bullish as it has gained 'accreditation to join the British Business Bank's (BBB) Coronavirus Business Interruption Loans Scheme (CBILS)'...

These days the Sound Energy (SOU) Shareholder Group (SAG) speaks for around 12% of the, almost certainly worthless, equity. As such it cannot be totally ignored by the discredited management and on Monday a 4 hour conference call with Graham Lyons, Chairman, and Mohammed Seghiri CEO is scheduled to take place at 10.30 AM. But what is the point?

Covid-19 has changed the world. Well perhaps not the virus itself but the governmental response, which I continue to see as the biggest exercise in GroupThink madness the world has seen. But the change has come and a clear victim is Hammerson (HMSO), a heavily indebted owner of retail properties. Its last stated NAV was 601p, the shares trade at 84p. Either this is the cheapest stock going or something is so wrong that it could be horribly expensive...

A “Notice of Full Year Results and Covid-19 Update” from interior furnishings company Walker Greenbank (WGB) – and the shares a further more than 6.5% higher to 47.75p...

We’ve previously noted the new management team at Concepta (CPT) taking cost actions – and now a “Manufacturing outsourcing agreements for myLotus®” announcement…

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 Gareth in Langstone.

Hello Share Mashers. Ordering by mail is a boom area during the virus outbreak. And it could be even more popular afterwards, as more people adopt the habit of buying this way. Today, I look at a mail-order and standard retail storage outfit I’ve commended before that could benefit from this nasty pandemic...