Table of shorted AIM shares - week to 06/09/2019
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 |
- 7 September 2019, 09:16 |
Why We May Still Have a Buying Opportunity Staring at Us - But Not for Long.
Hello Share Feelers. You'll have noticed tht the Dow is once again tickling all-time highs. This is odd, given that the trde war with China shows little sign of cooling down. However, the big American traders have always had more optimism in their genes than their UK counterparts. The health of American shares may also have something to do with US traders prefering to invest in their home grown stock rather than risk it with Brexit-torn Blighty and indeed with the rest of a beleaguered Europe
- By Malcolm "Project Fear" Stacey |
- 7 September 2019, 09:15 |
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Ariana Resources – a buy again?
In February we banked big profits on Ariana Resources (AAU) with the shares at around 2p, noting longer-term risk/reward still looked favourable including the macro backdrop seeing us bullish on the gold price but that it had met our short-term purposes. The gold price was then just over $1,300 per ounce and is currently comfortably above $1,500 per ounce yet the shares are available to buy at still 2.3p – and so…
- By HotStockRockets |
- 6 September 2019, 15:30 |
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BOOM: Neil's Woodford Patient Capital Trust: Banks now calling the shots, this is grim
Woodford Patient Capital Trust (WPCT) has today issued a shocking statement “Debt facility”. It shows that its banks ae now getting nervous and pulling all the strings. Boy, Neil Woodford must be glad that he has already sold most of his shares. The news also has grim implications for the Equity Income Fund.
- By Tom Winnifrith, The Sheriff of AIM |
- 6 September 2019, 15:03 |
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Motorpoint – it was “pleased to announce a new share buyback programme”, I bet founder-director David Shelton was particularly pleased!...
Post market close yesterday an accelerated bookbuild by Numis Securities was announced as “a partnership between David Shelton (a non-executive director of the company) and his connected persons, announces that, in connection with divorce proceedings, it intends to sell at least 8 million ordinary shares in Motorpoint” (MOTR). The shares closed yesterday at 240p – and today a “Result of Accelerated Bookbuild in Motorpoint”…
- By Steve Moore |
- 6 September 2019, 15:00 |
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Ashmore – a stock just like the emerging markets it trades
There are only two ways to play the emerging markets: you are either in them for the longer haul or you trade them. I think a bit of both is appropriate, a sort of core and satellite approach. Ultimately there are lots of supportive big theme mega-trends (urbanisation, population, rise of a higher consumption middle class) but also lots of potential issues around dodgy governments, corruption and the natural volatility from anything that is 'emerging'…
- By Chris Bailey |
- 6 September 2019, 11:41 |
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Tom Winnifrith Bearcast: I am glad Mugabe is dead & burning in hell with Martin McGuinness
I start with the incredibly exciting matter I flagged yesterday. It did happen and I shall be able to say more in 4-6 weeks. Then onto the death of Robert Mugabe. I am sure the BBC will focus on early heroics. It should not. That is like saying "but... Hitler created some good art early on." I celebrate Mugabe's death wishing it had happened years ago. I look at how the regulators fail to tackle white collar crime reference Sefton (SER) and at why Altitude (ALT) MUST be investigated. I also cover Alien Metals (UFO) and Neil Woodford dog Xeros (XSG).
- By Tom Winnifrith |
- 6 September 2019, 11:41 |
ProPhotonix – RNS Reach does prove a portend; now “reviewing all funding and strategic options available”
Earlier this week I cautioned on ProPhotonix (PPIX), new laser diode ‘delight’, but it’s an RNS Reach having questioned its financial strength. Now first half of 2019 results – and the shares currently at 2.25p, approaching 30% lower…
- By Steve Moore |
- 6 September 2019, 11:25 |
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Letter to FinnCap: Your client Altitude is talking rubbish, please ask the FCA to investigate £2.2m director share sales and other possible market abuse
Yesterday AIM Casino listed Altitude (ALT) served up a very nasty lack of sales and profits warning relating to the six months to June 30th as Steve Moore described HERE. What absolutely stinks to high heaven are three share transactions made by founder and NED Martin Varley. Those trades would have had to be cleared by the board and the Nomad, hapless FinnCap, to whom I have written in today, copying in the regulators. There is another big issue that needs investigating too...
- By Tom Winnifrith, The Sheriff of AIM |
- 6 September 2019, 09:42 |
Podcast: Smaller Explorers Will Provide Multiple Returns in this Gold Market
Entrepreneur and author Nick Germain feels that the cannabis and crypto markets have drawn some interest from new investors. There is a bit of an uphill battle with attracting young investors to invest in resources, but that may improve.
- By Tom Winnifrith |
- 6 September 2019, 09:30 |
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Neil Woodford Redemptions Watch: a modicum of outperformance……except at WPCT (ouch!)
Neil Woodford’s benchmark for his Equity Income Fund (WEIF) and Income Focus Fund (WIFF), the FTSE All-share index, dropped by 0.41% yesterday but the good news for Neil is that WEIF and WIFF posted gains in NAV per share, with WIFF up by 0.26% and WEIF up by 0.23%. Hurrah – for one day only, he’s beaten the benchmark!
- By Nigel Somerville |
- 6 September 2019, 09:22 |
You Might Not Want to Give EMIS a Miss as Demand by Doctors Might Soar
Hello Share Movers. As I've opined before, doctors surgeries are becoming fuller as we get older and more frail. Also, I suspect many of us are not as stoic as our ancestors and go running off to the quack for the slightest thing. All this extra pressure on your GP means that they look for ways to speed things up. Enter EMIS Group (EMIS), a company I've commended before...
- By Malcolm Stacey |
- 6 September 2019, 09:10 |
ClearStar – an achievement it’s proud of, but financial impact? And it’s an RNS Reach…
“ClearStar (AIM: CLSU), a provider of Human Capital Integrity technology-based services specialising in background and medical screening, is pleased to announce that it has achieved ISO/IEC 27001:2013 accreditation”, with the company emphasising “we are proud to have… efforts recognised through this accreditation”. Though I note it’s an RNS Reach announcement…
- By Steve Moore |
- 5 September 2019, 16:40 |
Location Sciences – following questioning if “expansion of the US team and increased investment in business development” will mitigate…
Location Sciences Group (LSAI) has followed “extremely pleased” with the appointment of Michael Iantosca to its advisory panel with “together with Blis, we are taking the lead globally in terms of bringing transparency to location data”. Oooh – global lead, hey…
- By Steve Moore |
- 5 September 2019, 15:17 |
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Tom Winnifrith Bearcast: something incredibly exciting may happen today I can't reveal just yet
If it happens and when I can tell you I shall. Meanwhile I discuss Malcolm's bonkers views on housebuilding shares and, at length, the dogs that are Tomco (TOM) and Highlands Natural Resources (HNR) with asides on the Dallas TV show, who shot JR and my cousin Jeff's "crime" and the 3DM fraud.
- By Tom Winnifrith |
- 5 September 2019, 15:17 |
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Altitude – “revenue has not accelerated as quickly as envisaged”… so about those £2.2 million director share sales!…
Self-styled “leading provider of technology and information services to the promotional products, print and clothing industries”, Altitude Group (ALT) has updated including “growth in revenue in the US means that the US business is now self-funding and the group retains current cash resources of approximately £3.0m and has no bank borrowings” and “confident that the potential for the business is greater than originally thought”. The shares are currently at circa 60p – around 35% lower!?...
- By Steve Moore |
- 5 September 2019, 12:58 |
Kefi: green light for Tulu Kapi – upgrade stance to strong buy
Good news at last for we loyal shareholders in Kefi Minerals (KEFI). The company says that its partners, notably the Ethiopian Government, have reaffirmed their commitment to starting development in October 2019. That means first gold in late 2021 as scheduled...
- By HotStockRockets |
- 5 September 2019, 10:40 |
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boohoo says boo hoo to the doubters
Lots of bits and pieces in today's regulatory updates...but I cannot really rouse myself to talk about why William Hill (WMH) finally got religion to evolve its CEO or why I am not too surprised Dixons Carphone (DC.) is a better business than the market gives credit for, nor even why yesterday's numbers and comments from Barratt Developments (BDEV) or today's from Redrow (RDW) are not enough for me to change my (negative) views on the housebuilders. By contrast I am pleased to read a positive update from boohoo (BOO)…
- By Chris Bailey |
- 5 September 2019, 10:35 |
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Columbus Energy Resources – interims, second half to be transformational?
Currently Trinidad-operating, oil and gas company Columbus Energy Resources (CERP) has announced results for the first half of 2019 and emphasises it “is on the verge of an exciting phase with a number of activities commencing in 2H 2019 which could potentially be transformational”…
- By HotStockRockets |
- 5 September 2019, 10:30 |
Podcast: More upside still to come in gold and silver
Technical analyst JC Parets has been bullish for the last year on precious metals, and a part of his thesis was a call for a weaker dollar. However, the dollar index has been flat while gold and silver have shown a great deal of relative strength. If the dollar weakens, that would likely boost the uptrend in metals while if it strengthens that may weaken gold.
- By Tom Winnifrith |
- 5 September 2019, 09:56 |