premium content
Tom Winnifrith Bearcast: the folly of debt, Thomas Cook, Sirius, my local boozer & taxpayers cash
Capitalism has got itself into a mess by becoming addicted to debt. The answer is not more debt. That is lesson one of Thomas Cook (TCG). Those who blame the Government for not bailing it out, or Sirius (SXX) or my local boozer misunderstand how capitalism works. Folks have to lose money and jobs must be lost for all of us to prosper.
- By Tom Winnifrith |
- 23 September 2019, 12:16 |
premium content
Is it good or bad that M&S loses another CFO?
So the weekend press story that the Marks & Spencer (MKS) chief financial officer Humphrey Singer was set to resign has been confirmed this morning. Naturally it is all nice words ('I feel privileged to be a part of the challenging but hugely rewarding turnaround at Marks & Spencer') but let's face it, no CFO exits into the night if something is about to go hugely right – especially after some well-publicised tough times…
- By Chris Bailey |
- 23 September 2019, 11:20 |
Podcast: The value proposition for uranium is stronger than ever
Enrepreneur Jordan Trimble says the recent market pull-back has only improved the fundamentals for uranium. The sell-off is good for the sector as it has created a near term opportunity that investors should be watching.
- By Tom Winnifrith |
- 23 September 2019, 10:56 |
Never mind your investments (pension in particular) being Brexit Proof...
This is very significant and cause for concern. Fed injects liquidity for 4th Day...
- By David Scott |
- 23 September 2019, 10:55 |
Explaining Malcolm Stacey's absence
Fear not. The old coot is not, is not, as far as I know, dead.
- By Tom Winnifrith |
- 23 September 2019, 09:01 |
premium content
Yourgene Health – new product launch, still a buy - 70% upside?
As expected, Yourgene Health (YGEN) has launched Elucigene DPYD at the Bionow Precision Medicine Conference in Manchester…
- By Steve Moore for HotStockRockets |
- 22 September 2019, 16:16 |
premium content
Tom Winnifrith Bearcast: accusations of lying & deception fly - Peter Hargreaves of HL, Neil Woodford & Chris Frazer of Sirius
The accusations of lying, misleading ande of deception are flying thick and fast. I look at Peter Hargreaves of Hargreaves Lansdown (HL.) and his attempted hit job on Neil Woodford and at claims made by Chris Frazer. Frankly, he cannot be Sirius (SXX).
- By Tom Winnifrith |
- 22 September 2019, 16:11 |
Red Rock Resources – progress in Kenya set to really spark the shares. Yes it is!
- By HotStockRockets |
- 22 September 2019, 12:59 |
The ShareProphets Sunday Pub Quiz #3
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.
- By Darren Atwater |
- 22 September 2019, 12:40 |
Falanx – disappointing results but now looks set to benefit from the foundations it’s laid
Falanx (FLX) has announced results for its year ended 31st March 2019 and that its “sales pipeline continues to grow with our enhanced cyber security offering”…
- By HotStockRockets |
- 22 September 2019, 12:39 |
Sunday Long Reads: 737 Max, Red Bull murderer, Homeless in Liverpool, Butch Cassidy and the Sundance Kid, Greenland Football
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.
- By Darren Atwater |
- 22 September 2019, 12:34 |
premium content
Forget crossing the Atlantic by a yacht, go green by buying shares in Biffa
I do have a little sympathy with the green brigade because if you think about the essence of economics, it is all about the efficient and sustainable use of factors of production. However, where even the financial world has gone mad is the rise and rise and rise of environmental, social and governance (ESG) investing, which has certainly overhung shares in sectors such as tobacco, energy and the automotive space globally. And do not even get me started on green activists who do not want to fly on planes or start families until climate change issues are 'sorted'.
- By Chris Bailey of Financial Orbit |
- 22 September 2019, 12:33 |
premium content
Notes from Underground - More fun with my favourite company, WeWork
In yesterday's Bearcast, Tom talked about some of the outlandish claims in this article covering my favourite company, We Work. WeWork (actually known as the We Company) is attempting to IPO in the US. Let me highllight some of choice bits of the article that Tom didn't get into.
- By Darren Atwater |
- 22 September 2019, 12:31 |
premium content
OptiBiotix Health – still further distribution agreement, still a strong buy
A “GoFigure agreement for Southern Africa” announcement from OptiBiotix Health(OPTI) Does this matter? Yes it all helps.
- By Tom Winnifrith & Steve Moore |
- 21 September 2019, 14:30 |
premium content
Truly Gamfooked – a China fraud, IPO to delisting in less than 9 months
Gamfook was a Jersey Registered China play. That is always a good sign it was a fraud. It listed on the NEX lobster pot on Christmas Eve 2018 with Daniel Stewart, a firm with a fine history of floating frauds both British (Quindell) but also Chinese. The tale of what happened next is a scandal.
- By Tom Winnifrith |
- 21 September 2019, 14:25 |
premium content
Tom Winnifrith Bearcast: Shame on PWC & Numis, Hat tip Jim Mellon and ouzo for a vindicated Lucian Miers
Jim Mellon says he loves listrening to my podcasts and has sent over a very interesting article following the pulled We Work IPO which I discuss at length. The into PureCircle (PURE) which Lucian has called brilliantly, notably here. Yesterday's shock warning tells us so much about the disgraceful apathy of folks like Numis and PWC when evidence of aggressive accounting was there for all to see over many years. I discuss another company shown to be swmming with no trunks. It will not be the last.
- By Tom Winnifrith |
- 21 September 2019, 13:57 |
premium content
Woodford unlisted cash-hungry dog Immunocore raises money – but at a cost
The Daily Telegraph yesterday reported that Oxfordshire-based biotech Immunocore, of the Neil Woodford unquoted stable, has raised £60 million in a funding round due to complete before the end of this year as the company raises up to £100 million. Great news…….apart from one small detail.
- By Nigel Somerville |
- 21 September 2019, 11:50 |
Table of shorted AIM shares - week to 20/09/2019
From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2018 and thus far in 2019 (by net short position %, those in bold not on the list at the start of 2019) – and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...
- By Steve Moore |
- 21 September 2019, 11:44 |
Neil Woodford Redemptions Watch: it is a mess
Yesterday the FTSE All-Share (Neil Woodford’s benchmark for his Equity Income and Income Focus funds) closed almost flat on the day. Happily for Neil his Income Focus fund put on 0.23% in NAV per unit and Equity Income put on 0.57%. although the reported figures are still distorted by the continuing suspension of Eddie Stobart (ESL) after its shocking news earlier in the week.
- By Nigel Somerville |
- 21 September 2019, 11:43 |
Podcast: The data shows us that uranium is heading much higher
Analyst and entrepreneur Brandon Munro discusses the improving tone of the uranium industry that he is seeing while attending the London World Nuclear Association Symposium. Russia’s export program has an improved order book, and US regulators are working hard on initiatives to support their industry. China and India are resuming their reactor build programs by both announcing new reactor plans. There is a strong sense of anticipation throughout the industry.
- By Tom Winnifrith |
- 21 September 2019, 11:41 |