On 3rd September international PR and marketing services group Next Fifteen Communications (NFC) updated that for its year ended 31st July 2013 it “expects to report record revenues in line with management expectations while adjusted profits will be modestly below the previous year, following continued restructuring at Bite and investment in the group’s digital capabilities”. The following updates as the company has now revealed “that as a result of audit adjustments that relate to issues in its Bite agency, its profits for the 2013 financial year will fall materially short of market expectations”.
Shares in Caza Oil & Gas (CAZA) have tumbled from 14p in May to 8.5p today – but things will turn and the shares are a buy. Why?
Bear raider Evil Knievil has revealed to shareprophets that he is enjoying a dual celebration this morning thanks to him following a diplomatic path and thanks to Globo (GBO).
Advanced Computer Software Group (ASW), the provider of healthcare and business management software and IT services, has announced results for its half year ended 31st August 2013, noting that it is “increasingly confident about delivering another good set of full year results in line with the board's expectations.”
Kenmare Resources (KMR) keeps on promising both operational improvements and that the price of ilmenite will firm up. History suggests that the former is about as likely as grotesquely overpaid managing director Michael Carvill (what will your “bonus” be this year Mike?) winning Miss World. And on the latter…oh dear: more bad news.
Hello Share Monkeys: It can be dangerous to talk about patterns of behaviour in Shareland. As you know, the whole shebang is contrary and does not follow the normal rules of logic.
Dear Terry: It must, by now, be clear to you from both the AGM and from reading the Bulletin Boards that the owners of Vialogy, its long suffering shareholders, have completely lost faith in you. Your performance at the AGM was an ill-tempered shambles and as our chairman you have been overpaid for abject non delivery for years.
Following a requisition from 23.66% shareholder and recently ousted chairman Peter Kennedy, AIM-listed Bglobal (BGBL) has announced that the requisite General Meeting has been convened for 11am on 22nd November in London “for the purpose of considering resolutions to remove Tim Jackson-Smith and James Newman as directors of the company”. The following updates on a situation the company states has “astonished” it.
Leyshon Resources (LRL) has updated in its report for the quarter ended 30th September that “a detailed review is underway to understand which zones will be flow tested” as the analysis of logs and side core samples from drilling of the ZJS7 well on the Zijinshan gas project in China has largely been completed “and the results are consistent with those previously announced from the wireline logging.”
Banking giant Barclays (BARC) today reported pretax profit of £2.85bn in the nine months to 30 September. Provisions for PPI and and impairment charges fell more than expected, at 11am the stock was up 3.1%. Today’s announcement will re-assure investors who must have been as depressed as the share price in recent months.
Traders always want to hear a definitive entry point and stop loss and target on Gulf Keystone. But right now, the position of the shares at the floor of a rising May price channel, and trading either side of the 200 day moving average at 175p means it is very difficult at the moment to come up with a definitive call.
Gulf Keystone Petroleum is taking on yet more debt with a $50 million bond offering today. The statement made me raise my eyebrows once or twice. I would not buy the shares myself but nor would I short but if forced to choose then at today’s price I’d sell. I observe.
The latest book from Tom Winnifrith is titled “The 49 Golden Rules from Making Money from Shares.” It is available at £10.25 on Amazon but thanks to Galvan we have 500 free copies to give away.
The U.S. Comex gold futures retreated 0.52 percent in the past two days ahead of the FOMC meeting announcement on Wednesday while the Dollar Index rose 0.52 percent. This week, the S&P 500 Index and the Euro Stoxx 50 Index have risen 0.70 percent and 0.53 percent respectively.
This will make one fat gentleman from Kensington happy. A 5p technical target on Kenmare Resources (KMR) may sound pessimistic but the chart is not one that should give bulls anything to celebrate.
Leyshon Resources (LRL) is going through a transformation right now and unlike a Gok Wan sketch the buxom beauty has yet to emerge. It will. Like Michael Flatley it is down but not out. The shares are a buy at 7.25p – target 14p.
Hello Share Folk. Because we find penny share action quite exciting – they can go up a lot and fall (just as dramatically) in one day – we tend to forget that big money can also be made with Footsie giants.
The fact that AstraZeneca (AZN) has induced some good news - or rather prospects of good news - is a rare experience.
It is perhaps unfortunate that Nostra Terra is such a closely followed stock and divides opinion so greatly. That is because, from a technical perspective, the ideal scenario would probably be to avoid making calls on what is even at the best of times a very volatile and fiddly charting proposition.
Currently AIM-listed, Tajikistan-operating gold company Kryso Resources (KYS) looks to have taken a further step towards an intended Hong Kong listing having appointed a ‘sponsor’ for the move. So what does this mean for the shares? We tipped them at a 33p offer on our Nifty Fifty site – they are now 39.75p
Following complaints from shamed share ramper Roger Lawson, ADVFN has insisted on a raft of new editorial controls on OneFreeShareTip.com. I did not re-start my life five years ago to be told what I could or could not write. I said no and ADVFN boss Clem Chambers has just said that the website will be shut down. So...our hand is forced ... Welcome to fivefreesharetips.com - we hope you join NOW HERE.
As seen here, Telit's (TCM) distributers are a, um, diverse lot, including a distributer in Vietnam that appears to be a scooter courier firm. Which is nice, and thank you for sponsoring this week's Bulletin Board Moron search.
The failure of the LSE to insist that hapless Nomad FinnCap forces Telit (TCM) to bring in a firm like KPMG to conduct a full forensic review will hurt it even more when this company goes tits up as I noted in a letter to Stock Exchange boss Donald Brydon earlier today HERE. Two sources tell me that the FBI may have bad news for the Boston fraudster Oozi Cats and his Mrs as I explain in this podcast. But the meat of the podcast is explaining why Telit will go tits up and why that could be within six weeks. Enjoy.
You may remember that at the last AGM of the London Stock Exchange (LSE) its chairman,, Donald Brydon CBE, 'fessed up to being a ShareProphets reader and as we chatted afterwards he came over as a thoroughly decent man. But he has, yet again, been failed by his minions in their handling of the biggest AIM fraud of the year, so far, Telit (TCM). Lowly gofers such as the head of AIM Regulation, the fake Sheriff Mr Marcus Stuttad, have allowed Telit to avoid any independent scrutiny of its accounts & business practices despite clear evidence of fraud. That has to change and maybe Brydon will push for that. I have sent him a letter.
If you read the bent, freebie is our middle name, personal financie columnists in the deadwood press, fund manager Neil Woodford walks on water. I disagree and have noted before, that, maybe, after three dismal years, others are starting to see the light. But, with assistance from a leading broker, how about we have a real look at the Woodford Patient Capital Trust (WPCT) but also at the sort of dogs Neil ifalls in love with.
VSA is house broker to Obtala (OBT) so is not impartial. Neither am I as we own a small number of shares following a Dragon's Den pitch as the 2017 UK Investor Show. But the price target suggests real upside and VSA's research team is well regarded and since we happily published an uber-negative piece from Evil Banksta the other day, this offers some balance. VSA has tweaked its forecasts
You may remember that ShareProphets poster Drunken Sailor and I were co-defendants in a libel case a couple of years ago ( which we won). Mr sailor is not a drunk and he is a great sleuth when he wants to be. My pressing concerns about uber ramped Bushveld Minerals (BMN) are its balance sheet, but DS has unearthed another major issue which, for some reason, Bushveld has not covered in an RNS. Perhaps it might do so now? Drunken's post merits a wider audience:
Like Richard Poulden, CEO of PCG Entertainment (PCGE), I have a bit of time for Brian Kinane at Riverfort. As someone who believes in transparency and clear communication, my view is that Brian is trying to bring some of that to the world of small cap funding, particularly where the dreaded phrase “ death spiral” is concerned and there’s a few points here to be applauded. It still doesn’t prevent the obvious question being aimed at Mr Poulden though – WHY RAISE MORE FUNDS NOW?
Some folks think that handing out share options to senior staff is a cost free exercise and b) benefits all shareholders as it incentivizes the board and also aligns their interests with those of stockholders. Bollocks on all counts.
Following the postponement of a significant contract announced at the end of last month, SRT Marine Systems (SRT) has now announced an “AIS Aids to Navigation Contract”, including that “the order is for the world's biggest single deployment of AIS AtoN”. The world's biggest hey, sounds impressive!…
Having reached more than 75p in May, shares in information management technology and services company Idox (IDOX) declined below 60p early last month before recovering above 65p - then declining towards 60p again. The company is now “pleased to announce that it has acquired… Halarose, a supplier of electoral back office software and services to UK local authorities, for £5.0 million, comprising £3.5 million in cash and £1.5 million in shares” (at 61.5p)…
Hello Share Grafters. The congestion in most of our airports will give you the heads-up that air travel is booming. It will continue to do so, especially as more people from developing countries become middle class. But you may still be wary of big airlines.
After a stack of RNSs earlier this year, it has all gone quiet at AIM-listed Advanced Oncotherapy (AVO) since the announcement of the termination of the Bracknor death-spiral. How’s the cash position?
Drilling services company Capital Drilling (CAPD) has announced results for the first half of 2017, including that an initial uplift in activity has broadened with an improving outlook in industrial metals and capital markets activities support. Why then are the shares further lower, below 40p, having been above 60p earlier this year?...
From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2016 and thus far in 2017 (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...
Previously writing on System1 Group (SYS1), then named BrainJuicer Group, as the shares slid below 700p I concluded there still, despite self-admitted “limited revenue visibility”, a clear lack of a Benjamin Graham ‘margin of safety’ (”for absorbing the effect of miscalculations or worse than average luck” e.g. an earnings miss or negative change in stock market sentiment) and I thus continued to avoid. The shares have though recently been above 800p… until a “Trading Update” announcement today…
In the piss poor results for the six months to 30 June 2017, Telit (TCM) highlighted that it had purchased GainSpan and provided the following rather limited commentary on its contribution to the interim results:
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