Shares in R4E (R4E) are off by 12.5% today at 4.25p. It is just over a month since the company released more than decent intrerims and a bullish statement. So is there any reason for the fall?
Shares in Advanced Computer Software (ASW) have yet to perform since being written up HERE last month. The company has though since announced its second largest deal to date (and the largest contract so far for its Managed Services division), with house broker N+1 Singer reminding that the business “has one of the strongest track records of delivery over the last five years, in terms of both organic and acquisitive revenue and profit growth” and noting it believes “there is scope to beat current market forecasts and for the shares to re-rate further” - I agree.
As ever there is stiff competition for this award – I note the valiant self-nomination of Luke Woods. However the winner has to be a poster calling himself “Shareprophets” on the LSE Nostra Terra (NTOG) Board. For the avoidance of doubt we do not post on any board as Shareprophets.
Despite Olympics-impacted comparatives, unusually warm summer and early autumn weather and a less than favourable film release slate resulted in a modest decline in national cinema attendance during the third quarter of this year. However, market share gains saw Cineworld Group (CINE) report positive growth for the period nonetheless. That is NOT in the price.
After a couple of false dawns as far as a rebound was concerned, in August and then at the end of September, we have seen shares of Phorm Corporation (PHRM) stage a spectacular recovery over the course of October to trade at 12.875p today. But...
Bear raider Evil Knievil is short of Globo (GBO) at 70p. Much of what he says cannot be printed in a family lawsuit avoid publication. However we can reveal...
It has not been a pleasant month to date as far as shares of Globo (GBO) are concerned. I see that on Shareprophets my fundamental colleagues have today all lined up to have a go: Lucian, Tom and Paul Scott are all bears. So am I.
Two stocks but the same story. Reported profits can be whatever you want them to be. Forget trading it is all down to how your accountant presents the numbers. Profits are a matter of opinion. Cash is a matter of fact. I start with Globo (GBO) which everyone seems to be bashing today.
Anglo Asian Mining (AAZ) is a gold and copper focused mining company operating an exploration and production portfolio in Azerbaijan. The company has had plenty of recent attention from the shareprophets team which makes tabling yet another piece on Anglo arguably superfluous but the shares are cheap.
Analyst Paul Scott is a well-respected commentator, a nice bloke and someone who showed he is a good judge of men in terming Tom Winnifrith "bonkers" and has historically been a long only investor. He has, however, opened up two short positions in the past week – this is a big departure for him. The shorts are ASOS (ASC) and Ocado ( OCDO).
After falling on Wednesday, the U.S. Comex gold futures rebounded 1.22 percent to end at $1,350.30 on Thursday. The gold futures dropped about five dollars upon Friday Asian open. Week-to-Thursday, the prices have risen 2.72 percent.
A wonderful spat has been developing on various bulletin boards in the last few days between bulls and bears of Globo (GBO) the fast growing telecommunications software group which is capitalised at £234 million and tapped the market last week for £25 million at 71p per share. I have gone short.
Hello Share Shovellers: I've had a busy week. However, it was not a fruitful one. I spent far too much time logging onto my various portfolios, just to see how they were doing. My actual buy and sell trades were subdued.
GKN (GKN) the automotive and aerospace engineer is flying well. My first note on the company in high summer rated them a buy at 325p; now in autumn, after publication of the nine months figures to 30 September, at a 370p share price (last seen) I still regard them as cheap and worth buying.
Shares in Densitron (DNS) surged 8% to 6.625p yesterday as the electronic display and related technologies-focused company announced that it had settled a claim by the landlords of a property in Newcastle previously occupied by a former subsidiary. So what?
Yesterday, on the back of results for its year ended 31st August 2013, I suggested that in order to sleep easy investors in ASOS looked best served ‘checking-out’ significant stakes given the prevailing share price. Members of the company’s senior management team look to have reached a similar conclusion – the following updating on the today-released details of more than £94 million of share sales by them at 5000p per share…
Greatland Gold (GGP) is a mineral exploration and development company based in Australia. In terms of the share price it is delivered the sort of dismal performance you sort of expect from this sector. The stock has plunged from 1.1p to 0.365p. However…
Commissioned researcher Edison has today published a note on GLI Finance (GLIF) following today’s trading update.
Given the extended recovery we have seen in many second line mining plays since early August, following the initial bottoming out of underlying precious metals, the bounce for this stock has been relatively disappointing. Piss poor quarterlies today are, almost certainly, the reason for this. But…
So why is gold not racing ahead in the face of massive physical demand. David Franklin, the market strategist at the world’s best known resource investment group Sprott thinks he has one clue as to what is actually going on. He writes:
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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