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Collapsing-Reactor
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One chart that shows the true failure of Neil Woodford CBE better than any other

This one chart shows the true failure of Neil Woodford better than any other.

VAST
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Vast Resources – where, oh where is Mr Godot? Statement needed – time for Nomad Fatty to act!

AIM-listed Vast Resources (VAST) announced a mega-funding on 1st October and said it would be signed later that week. Then on 8 October we were told it was in the process of being finalised and a further announcement would follow. On 11 October it said it would be signed later next week. It is now October 22 and there is still no sign of it. Surely a statement is overdue.

HL
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After the Woodford scandal...how is the house of Hargreaves Lansdown looking?

have written recently about St James's Place (STJ) and its toxic culture but it is time to think about a company with potentially even bigger problems...and that is Hargreaves Lansdown (HL.)...

Bearcast
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Tom Winnifrith Photo Bearcast: Bonkers Chris Frazer of Sirius at it again, reflections on Panorama, UKOG and Cheryl Cole

As you can see below, Joshua watched Panorama on Neil Woodford avidly. He liked seeing me but had a major gripe. I reflect on the show. I look at the bonkers boss of you cannot be Sirius Minerals (SXX) and at his company and then on to the latest "news" on Horse Hill from UK Oil & Gas (UKOG) and, yes, Britain's most talented chanteuse is relevant.

HAYD

Haydale – YAWN! Another day, another RNS Reach…….when’s the placing?

Having suggested that AIM-listed graphene outfit Haydale (HAYD) was once again a slam-dunk sell, partly in view of there being no sign of its results, the company finally delivered them last Tuesday. But I had also pointed to the preponderance of RNS Reach announcements, one of which accompanied the FY results. And this morning there was another.

INFA
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Infrastrata – Does this company live a parallel universe where time and money are multi-dimensional?

Infrastrata (INFA) has been trying to get the Islandmagee gas storage project in Northern Ireland into construction for practically a decade. Why the company has bought one of Northern Ireland’s most iconic businesses, in Harland & Wolff, is somewhat beyond my comprehension. Infrastrata doesn’t appear to have any money or ready access to money - perhaps the company lives in a parallel world to the rest of us and can grow money on trees? Or it just likes debt or government handouts?

ASC

ASOS – following results & the share price reaction, I can see why short interest remains…

Following results last week shares in online fashion retailer ASOS (ASC) are now approaching 40% higher than the pre-announcement levels. What does latest information suggest on this?...

Boom
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Will Panorama credit the folk who exposed Neil Woodford on Monday: here are our top 50 exposes since 2015

I see that Roger Lawson of ShareSoc is today praising the FT's coverage of Neil Woodford. How sad and predictable that the establishment engages in mutual masturbation rathing than seeking the truth. The FT is the paper that publisshed a blow job interview with Woodford as recently as April 2019. Of course Roger is not mentioning our work in his little read blog posts or praising the folks who called this one out with more than 1000 articles and podcasts since 2015. But I hope that the BBC does recognise who was Woodford's nemesis on Monday. In case it has forgotten here are our 50 most read articles on the ex fund manager

BDEV

Tailwinds Outnumber Headwinds for Bouncy Barratt Builders

Hello, Share Twisters. With three offspring who may buy their own homes in the next few years, I keenly appreciate the current shortage of houses. This gap between supply and demand will benefit all builders. But probably more so those companies whose homes are at the more reasonable end of the market. Earlier this month Barratt Developments (BDEV) reported encouraging figures...

Bearcast
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Tom Winnifrith Bearcast: A triumph for Watchstone, the company formerly known as the AIM Mega fraud Quindell

i bet Watchstone (WTG) directors chant "can we play you every week?" when they meet the poltroons who run Aussie listed Slater & Gordon (SGH). I discuss the latest news and where it leaves both companies. Then I look at Purplebricks (PURP), Amur (AMC), you cannot be Sirius Minerals (SXX) and finally Big Dish (DISH). I start with a generous offer to you all! And PS. Make sure you watch Panorama tonight.

PPG
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Plutus Powergen: it gets worse: shock boardroom bust up but no insider dealing, of course!

On Friday 18th October shares in Plutus Powergen (PPG) started to tank. By pure coincidence, we discovered today that its only credible director who had industry expertise, the Chief Operating Officer Paul Lazarevic, quit by email. Nothing to see there officer, no insider dealing as this is the AIM casino, this is all just a strange coincidence no need to check out the share trades, move along swiftly please.

DAN
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GOTCHA! Another win for the Sheriff of AIM: Peter Shea of Daniel Stewart, Quindell & China fraud infamy no longer in financial services. Its official!

Before it went bust, City advisor Daniel Stewart (DAN) was one of the firms that made the grave mistake of sending me a fascist lawyers letter. Natch I told it to get stuffed. The brother of boss Peter Shea threatened to beat me up but when I pirched up outside his firm's Christmas Party a few weeks later he scuttled away like the coward he is. Daniel Stewart floated the mega fraud Quindelland numerous China frauds, covering up for firms like Naibu even after it knew it was a fraud.  Our extensive coverage of this company and of its boss Peter Shea continued even as he tried new dodgy tricks this year as you can see HERE. But now we have good news, as you can see below...

OMG

Oxford Metrics – ‘in-line with expectations’… or not?

‘Motion measurement’ and ‘infrastructure asset management’ analytics software company Oxford Metrics (OMG) has updated commencing, “The company enjoyed a successful close to the financial year and expects to report revenues in-line with market expectations”. Having been approaching 100p earlier this year, the shares are though currently further lower, below 90p…

MRS
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Oooh Er MRS… its death or mega dilution by Christmas: Yet another win for the Sheriff of AIM

You cannot say that you were not warned repeatedly by this website about AIM uber dog Management Resource Solutions (MRS) as you can see HERE. The latest news is grim indeed and raises the spectre of a complete wipeout for shareholders as opposed merely to being diluted to oblivion. I think we can score this as yet another win for The Sheriff of AIM.

RM2
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EXCLUSIVE: Disgraced Neil Woodford vetoed delisting of RM2, source

A source has come forward to Deputy Sheriff Towers in relation to the Woodford catastrophe that is AIM-listed (for now) RM2 (RM2), the maker of disruptive non wooden pallets. Firstly, I am told that RM2 was forced to list when everyone at the company knew it really was not ready: the product (those revolutionary trackable pallets) was still in development and the company was still guzzling cash. But roll forwards to 2016/17 when it had run out of cash and needed yet more funding, and a proposal was put to delist and take the company private – which was vetoed by Neil Woodford.

Newsboy
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Shock horror: Funding Circle doesn't profit warn...and Smith & Nephew's CEO wants to be paid more

I see Funding Circle (FCH) is out with a short update today reiterating its - naturally previously reduced - full year guidance. However, it is not that exciting with loan originations down 0.5% year-on-year in the third quarter, although loans under management were up 31% for the first nine months of 2019 compared to last year. A few weeks ago I talked about the fundamental flaws of this business and today's little update highlighting that there has been no extra overt hit to numbers has been naturally taken as good news (spot the short squeeze). However let us think about what lower loan originations mean…

AMC
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Expose: AIM Casino listed Amur Minerals and the great director share buying spoof

On 17 April 2018 AIM wannabee miner Amur Minerals (AMC) announced to great fanfare a scheme whereby directors and other senior managers would collectively buy £5000 worth of shares a month for a year. At the time, wityh the shares at 4.5p to sell,  I wondered if it was a spoof. But as each monthly announcement of director share buying came out some folks were encouraged. Today, with the shares at 1.65p to sell, I demonstrate that this whole scheme was a spoof.

AAU
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Ariana remains my conviction buy in the junior gold space, but watch Turkey in Syria

Shares in AIM-listed Ariana (AAU) have been a wild ride this year, ranging from around 1.45p at the start of the year to a peak of almost 2.6p at the peak in June. The stock has been helped along by the rising price of gold and the impending settlement of the bank by its Joint Venture at Kiziltepe come April, which will transform Ariana’s income profile. But more recently a correction set in amongst gold stocks, and then came President Erdogan’s foray into Syria after Donald Trump cleared the way by withdrawing US troops.

Timebomb

Central banks everywhere are running out of ammo...

The world’s financial system is more stretched, unstable, and dangerous than it was on the eve of the Lehman crisis, says the IMF...

Malcolm

As the World Struggles, Perhaps We Should Get the Strength of the Insurance Companies Around Us

Hello Share Rattlers. In view of uncertainty surrounding the share market this week, perhaps I may recommend a sector which tends to do well when the country feels insecure. I refer to insurance companies. Not because the investments they make with our money are any more enticing...

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Cat_Fixing_Lightbulb

Bearcast issue update: all should be well

 

ORCP

Oracle Power: Cynical Foul

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