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Latest News

LLOY

The Black Horse Seems Tethered to the Brexit Argy-Bargy. So If a Deal Happens Expect a Big Jump

Hello, Share Bundlers. Looking at the chart for Lloyds Group (LLOY) is enough to give anyone the heebie jeebies. Mid-August the shares fell to 48p. Only a month later they were 55p. So up by 14%, which is an unusually big jump for a Footsie company. Less than three weeks later they were back down to 50p. And then at the end of last week, they were back to nearly 60p. Or approaching 20% better than on the ninth of this month. My Lloyds holding is one of the biggest in my book, so this up and down performance is pretty stressful. But why is Lloyds so volatile lately?...

Tom
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FREE Podcast: ShareProphets Radio Edition THIRTEEN with Tom Winnifrith, Chris Bailey and the legendary Gabriel Grego

There are two guests in this week's show, First up I discuss the clown who runs Sirius Minerals (SXX). Then I welcome Chris Bailey. We discuss where value lies in the market and has the mood music changed, SIG (SHI),  Metro Bank (MTRO), Funding Circle (FCH), the crazy share price of Diageo (DGE) and much more. Then my second guest is the legendary bear raider Gabriel Grego of Globo and Folli Follie Fame. We discuss his latest triumph Bio-On and much more. If you like this and can't wait seven days for more of the same  and are tired of being a cheapskate you should listen to my Bearcast every day.

ESL
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Eddie Stobart Logistics: the silence is deafening as Neil Woodford sweats

Neil Woodford, the largest shareholder in AIM-listed, but suspended pending interim accounts and one assumes by now financial clarification, Eddie Stobart Logistics (ESL) must be sweating as he wonders what his near-23% stake will be worth. Interims to 31st May 2019 are still pending, now a month and a half late and two interested bidders have emerged in the form of DBAY Advisers and Andrew Tinkler, the former CEO (before he was ousted) of Stobart Group (STOB).

SYS1

System1 Group – half-year trading update… but how’s the outlook (including for “the heart of the increased new product development programme”)?

Marketing services group whose last results statement included “our pioneering application of Behavioural Science to predicting which ads will create the greatest long-term growth and profitability”, System1 (SYS1) has updated including “normalised H1 pre-tax profits… are expected to be some £2.4m, approximately 24% higher than in the comparable period”. Sounds good…

Bearcast
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Tom Winnifrith Bearcast: Premier African shares soar on spoof newspaper articles (below)

The Vox/Align bust up is funny but the spooof newspaper articles Gary Newman alerts us to below about Premier African (PREM) are hilarious. But some folks believe them and the shares up up 71%. Bonkers. Elsewhere I look at fund outflow at Miton Group (MGR) and what that all means and at the most overvalued ramps on AIM: Versarien (VRS) and Bidstack (BIDS) where Cynical Bear thinks there is no need for it to warn that it will miss broker forecasts by a mile even though he accepts it will. Strange man.

PCGE
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PCG Entertainment – shares suspended, administration looms, a statement that, even the white rabbit thinks is bonkers

This is insanity writ large. Richard Poulden of PCG Entertainment (PCGE) will always be my friend but I simply cannot defend a statement today which is, at almost every, level bonkers.

STJ
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'I want my cruise' moan St James's Place advisers!

Did you see on Friday that St James's Place (STJ) shares re-attained the 10 quid level? Well I guess it was a good day for lots of different UK domestic shares, even for those with ongoing cultural issues such as the large UK wealth manager which I have written on negatively in the past. So is the crisis over?...

Timebomb

The current herd instinct amongst investors makes sheep look like independent thinkers

Every cycle begins and ends in excess...

 

BIDS

Bulletin Board Moron of the week contest Result – no-one could beat aidenabettin

I asked you a week ago to nominate your Bulletin Board Moron of the week from the iii, LSE and ADVFN Asylums or from twitter. There were some great entries which, in a normal week, would have won, as you can see HERE.  But..

UU

Water, Water Everywhere and this Useful Utility should Stay Afloat

Hello, Share Scribblers. While not generally a fan of utilities, I do keep a long-time holding of United Utilities (UU.), which manages water and sewage in the North West of England. A recent trading statement shows the company is holding up well...

BIDS
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Bulletin Board Moron of the Week Contest – surely this Bidstack loon cannot be beaten

Juicin can thank me later, but I am inspired by the most insane post I have seen in ages to bring back this contest for one week only. Surely no-one can beat the post below from the ADVFN Bidstack (BIDS) thread. If you find a better example of lunacy on twitter on on the iii, LSE or ADVFN Asylums post it in the comments section below before midnight on Sunday 13 October. Enjoy this treat...

Dead-Donkey
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Vox Markets vs Align Research – tale of the tape

In the current dispute between Vox Markets and Align Research, I thought it would be interesting to look at their respective published results for the years that are available at Companies House.  Neither publish full accounts just a balance sheet and some notes. As can be seen below Vox has generated four years of losses and has only staved off insolvency by pumping in additional capital where in contrast Align Research has generated two years of profits. Thanks to Winnileaks I can show why it is even worse than that for Vox....

RGO
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Buy RiverFort Global Opportunities at 0.08p

RiverFort Global Opportunities (RGO) was formerly investment company Paternoster Resources, but early last year saw an agreement with natural resources specialist provider of financing RiverFort Global Capital Ltd to “work closely with and co-invest alongside RiverFort”. This has become the focus of its investment activity – resulting in the name change and positive early results which, with its shares currently at 0.08p to buy, look yet to be recognised in the valuation…

Bearcast
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Tom Winnifrith Bearcast - Sacking Neil Woodford makes total sense, sacking Babcock's fat cat FD does not

Recorded in my car in the City where Neil Woodford's crumbling empire is based I flag up something bad about Woodford Patient Capital Trust (WPCT) and discuss why sacking Babcock's (BAB)  FD is a pointless gesture. 

Quiz

The ShareProphets Sunday Pub Quiz #6

This has nothing to do with shares or investing or anything. It's the end of the weekend and we've organised a quick pub quiz. Grab your own beer, there are no prizes, and for Pete's sake, no Googling! Only I get to do that. If you are so inclined, please enter your score in the comments. The highest score still won't get a prize.

CERP

Columbus Energy – Inniss-Trinity CO₂ pilot project update, potential catalysts see shares remain a buy

Columbus Energy Resources (CERP) has updated on work which is continuing to advance a CO₂ pilot project on the Inniss-Trinity Incremental Production Service Contract…

Professor

Sunday Long Reads: Amazon, Order of Malta, High Speed Scam, Cabbie Medallions, Ass

Is there anything better than sitting back and reading a well-written article on a lazy Sunday? Every week ShareProphets features some long form journalism that you'll find of interest. Grab your cuppa and enjoy these five articles.  

BT
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Dividend Munchers – How’s my mini-portfolio doing?

With a stack of high-yielders which the market might suggest were due to chop their dividends (which is why, on paper, the dividend yield is high) and so far two payouts having come under the guillotine, it is with some trepidation that I thought it was time to take a look at my mini-portfolio of dividend munchers’ stocks. I offer no recommendations here but my mini-portfolio of Vodafone (VOD), BT (BT.A), Centrica (CNA), ITV (ITV) and recent addition Centamin (CEY) is supposed to be beating bank interest but most have been notable for share price slippage over the past few months. I’d better take a deep breath…….

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Thursday »

Cat_Fixing_Lightbulb

Bearcast issue update: all should be well

 

ORCP

Oracle Power: Cynical Foul

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