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Despite the related party transactions Parkmead Group is a BUY
I’ve always been a fan of Parkmead Group (PMG), but after the last couple of RNSs there have been for this company, I can’t help wondering if my faith in it to succeed may have been misplaced.
- By Gary Newman |
- 30 August 2019, 09:43 |
Podcast: Rick Rule - big institutions are positioning themselves for a gold bull market
Rick Rule of Sprott Asset Management, the world's best knowm resource investors, cut his teeth in a bull market a time when anyone can look like an expert!
- By Tom Winnifrith |
- 30 August 2019, 09:36 |
Frontier Smart Technologies – after recently ‘strongly recommending’ against 35p per share offer… now to recommend 25p per share!
The board of Frontier Smart Technologies (FST) has announced its “intention is to recommend the merger on the terms set out in the Science Group (SAG) announcement… invite those Frontier shareholders who have the benefit of a live share trading account to consider the merits of selling their ordinary shares via the share trading facility”. Those are though at 25p per share – it having previously stated on a 35p per share offer from Science Group…
- By Steve Moore |
- 30 August 2019, 09:22 |
Podcast: Massive six year base will lead to higher move in gold - $1800 on the cards
Technical analyst Louise Yamada makes the observation that twenty years ago there were more stocks on the market than today. This is due primarily to companies buying back shares. Recently companies have cut back on buying back shares but that is a significant reason for the market moves over the past decade.
- By Tom Winnifrith |
- 30 August 2019, 09:21 |
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Redemptions Watch: Woodford funds underperform as Thin Film warns of potential insolvency
Yesterday was a good day in the markets: the FTSE100 put on 1%. Of course, the FTSE100 is not the benchmark for Neil Woodford’s two unit trusts – that is the FTSE All-Share index, which put on 0.87%. So it is perhaps a tad disappointing that Woodford Equity Income Fund (WEIF) dropped by 0.07% in NAV per unit, although not as disappointing as Woodford Income Focus which managed to drop 0.89%. Oh dear...
- By Nigel Somerville |
- 30 August 2019, 09:20 |
Live Company – after prior attempted positive ‘news’, now argues “partnership represents a significant opportunity”…
Live Company Group (LVCG) Chairman David Ciclitira is “very excited to have established a long term partnership with Imagine Exhibitions, one of the world's leading creators and producers of touring shows exhibited globally. This partnership is a fantastic opportunity for both the company and Imagine Exhibitions to showcase our wide range of BRICKLIVE touring shows and bring the BRICKLIVE experience to venues in America”. Sounds promising…
- By Steve Moore |
- 30 August 2019, 09:15 |
London House Prices May Falter, but Berkeley Group Should Continue to Build Share Value
Hello Share Topplers. Since I last commended my favourite builder to you, its share price has marched ahead. But there could be further to go for Berkeley Group (BKG). The company has done what we all seek to do, but rarely succeed. That is: it has worked out the best timing...
- By Malcolm Stacey |
- 30 August 2019, 09:10 |
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Micro Focus International – sales warning & “strategic review”. Bottom-line?...
Micro Focus International (MCRO) has announced a “Trading update and Strategic review”. Uh oh – strategic review of course usually meaning ‘we’re in trouble and don’t currently know what to do about it’…
- By Steve Moore |
- 29 August 2019, 12:50 |
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Ariana – Q2 numbers and other matters: if you can pick some up at around 2p then buy.
Gold may once again be shooting the lights out but poor old AIM-listed Turkish gold play Ariana (AAU) seems to be struggling to keep up. Yesterday’s news as detailed in the Alliance News headline of Ariana Reports Dip In Kiziltepe Mine Income and Production didn’t help – and certainly didn’t tell the whole story. But perhaps of bigger interest to me was last week’s news regarding the Salinbas project.
- By Nigel Somerville |
- 29 August 2019, 12:46 |
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Don't sell Horizonte Minerals after positive news on funding: potential is huge!
Regular readers of ShareProphets will know that I’ve been a fan of Horizonte Minerals (HZM) since 2016 - as well as tipping it on the ShareProphets Podcast last week - and it is also a company where I hold some shares myself, so it is good to see that it is continuing to progress in the right direction and has had some good news today.
- By Gary Newman |
- 29 August 2019, 11:25 |
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Tom Winnifrith Bearcast: IQE Timber! (Next week)
I start by discussing an interview with Matt Earl for the next Shareprophets Radio show. It will be up later and will knock your socks off. I look at IQE (IQE) and warn you all. I defend myself against an attack on my share tips from pompous twit NoGold. I look at Watchstone (WTG), Quindell as was in light of today's laughable news and also at Thomas Cook (TCG), which is still 80%+ overvalued.
- By Tom Winnifrith |
- 29 August 2019, 11:14 |
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Late August presents from PZ Cussons & the correctly friendless Amigo
Two pieces of good news today...and it is not that the end of the week is getting closer (because you know I love all this business intrigue almost 24/7). First, I was glad to read that my mucker PZ Cussons (PZC) - which I last loved up here - has done a sensible deal by entering into an agreement to sell its Greek food subsidiary Minerva and its Polish personal care brand Luksja…
- By Chris Bailey |
- 29 August 2019, 10:30 |
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Optibiotix – the interims do not impress but the shares really are a strong buy
Shares in Optibiotix (OPTI) have fallen by more than a quarter on the back on results for the six months to May 31 which are, let us not kid ourselves, really not very impressive indeed. The bears are cock-a-hoop but now talking errant nonsense. We bulls look a bit daft. As a shareholder I feel a bit sore but, having chatted to CEO Steve O’Hara at length, I retain a stance of strong buy. I see one director, Fred Narbel, has bought 17,000 shares at 50p and I expect more, larger scale, boardroom buying to follow. And this is why...
- By Tom Winnifrith |
- 29 August 2019, 10:00 |
Redemptions Watch: another new low for Neil Woodford’s Income Focus and Equity Income funds
Yesterday we learnt from Citywire that Neil Woodford has dumped his holding in Nasdaq-listed Prothena (PRTA) for £50 million to San Francisco-based biotech investor EcoR1 Capital, ending another disastrous tale of woe. In the early days of Woodford Investment Management this was a star investment and Neil chucked in piles of other people’s money but last year it ran into trouble when its flagship treatment for amyloidosis failed in trials. In the good old days Woodford’s holding topped well over £500 million in value – and he’s got just £50 million for his 22% stake...
- By Nigel Somerville |
- 29 August 2019, 09:36 |
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BREAKING: FRC says that following Tom Winnifrith letter it and FCA now investigating Burford
PR spinners for Burford (BUR) have responded to the Muddy Waters dossier by getting their poodles in the deadwood press to suggest that the bear raider was up to no good and was being investigated by regulators on both sides of the Atlantic. Oh dear..I have shocking and bad news for Burford...
- By Tom Winnifrith, The Sheriff of AIM |
- 29 August 2019, 09:36 |
MediaZest – emphasises “maiden profit”, BUT…
“MediaZest (MDZ), the creative audio-visual company, is pleased to provide shareholders with final results for the year ended 31 March 2019… pleased to announce that the group has reached profitability at both EBITDA and Profit after tax for the first time, with considerable year on year improvement in financial performance, beating market expectations comfortably”. Sounds encouraging…
- By Steve Moore |
- 29 August 2019, 09:25 |
As Gold Rises It Makes Sense to Look at Promising Mines - Like this One
Hello Share Ticklers. Gold is on a long-awaited climb in value. We’ve not yet had three quarters of 2019 and the gold price has rocketed by a fifth. Before that, news was glum so the rise started from a relatively low base. It’s my belief, shared by a few others, that the race to buy gold has only just begun...
- By Malcolm Stacey |
- 29 August 2019, 09:22 |
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Tom Winnifrith Bearcast: Optibiotix, Thomas Cook, Rutherford & Neil Woodford's Reputation - 3 of 4 are near as damn it worthless
Apologies for the background noise in the Thomas Cook (TCG) segment, a workman at the Welsh Hovel has not quite understood how I have to pay his bloated fucking wages. I also discuss Rutherford (RUTH)_and how it will destroy the reputation of Neil Woodford but not in the way Nigel suggests and Optibiotix (OPTI)
- By Tom Winnifrith |
- 28 August 2019, 16:10 |
Frontier Smart Technologies – board have played a shocker suggests latest move from Science Group…
Noting shares in Frontier Smart Technologies (FST) soaring above 25p in May, I concluded including previously noting “Frontier is reviewing its plans for mitigation… we will continue to monitor our progress closely to ensure that the group's cash position remains secure”, I suggested the noted trading seeing that position far from secure. Thus, patience may well see Science Group be able to get a better deal for it here. I continue to avoid. Today from Science Group (SAG) a “Frontier Investment Update”…
- By Steve Moore |
- 28 August 2019, 16:10 |
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Another Crack at Wayfair
Early last December, I recommended selling online home furnishing retailer Wayfair (NYSE - W) at $105. Helped by that month’s broad market sell off it promptly fell to $80. However I managed to close the position for a small loss as it rampaged back through my sale price, hitting over $160 in February. My gripe with Wayfair was and still is that ever since its inception in 2002 it has been incapable of making money and the more it grows its revenues the bigger are its losses (Q2 YOY revenue up 41% to $2.3 billion, losses up 81% to $181 million)...
- By Lucian Miers |
- 28 August 2019, 13:10 |