From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Latest News

PURP
premium content

Video: A former Purplebricks employee gives you the hard numbers that show it will fail

I have always believed that Purplebricks (PURP) stiffs both staff and customers and that is why it will eventually ru out of cash so stiffing shareholders too. This video below validates my thesis with a former employee giving hard numbers on that stiffing. Enjoy.

BUR

Table of shorted AIM shares - week to 15/08/2019

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...

Father Christmas
premium content

Update – Steve Moore first share tip of the year for 2019

An update on my first tip of the year for 2019…

Malcolm-Sax-Machine

Here's What You Could Do to Make the Most of the Mini-Crash

Hello, Share Crunchers. In the present weakened market, our instincts are to stop trading. We’re reluctant to sell shares because we strongly suspect that the market will soar a few seconds afterwards. While we avoid buying in case things get worse. But if we don’t trade we lose opportunities of making more money. So what's the answer?...

LWRF

LightwaveRF – discounted fundraising (as warned)… & still how long will it be “sufficient working capital for its present operational requirements”?

Previously writing on self-styled “leading smart homes solutions provider” LightwaveRF (LWRF), in June I noted still there looks clear cash risk and I continue to avoid. Now “Placing and Subscription”

KEFI
premium content

KEFI Minerals – restructures loan facility to provide greater flexibility as Tulu Kapi progresses

KEFI Minerals (KEFI) “is pleased to announce a restructuring of its working capital convertible loan facility… in order to provide greater flexibility to the company by removing the existing security charges over assets and extending the loan maturity dates”

Bearcast
premium content

Tom Winnifrith Bearcast: Time to fecking panic? If you hold shite yes! Time to write to Burford's Nomad, AIM Regulation etc

A bit better, only 1 coughing fit in 25 minutes. Thanks for all your best wishes. In today's podcast I discuss the threat of recession and what it means for your portfolio, a grilling for 'Arry of Kefi (KEFI) for you to take part in, all things Burford (BUR) with references to Avanti (AVN) and Quindell (QPP) and why I'm writing to the Nomad and AIM Regulation this weekend and Corero (CNS) which is a true shocker in every respect. We did warn y'all!

BUR
premium content

Muddy Waters new dossier: ex CIA spooks called in to show Burford (BUR) is, allegedly, misdleading investors

Bear raider Muddy Waters has issued a new dossier on Burford (BUR) which we publish in full below. It is a bit different. It is a report by ex CIA spooks QVerity Inc analysis the response of Burford to the original dossier and it concludes that the response was designed to mislead investors. Enjoy.

BUR

Burford – Muddy Waters was wrong about joke corporate governance……so we’re changing it, and MW’s response

AIM-listed Burford (BUR) has acted apparently with undue haste to the accusation from Muddy Waters, which is short, that Burford’s Corporate Governance is a joke. Of course, Burford dismissed the claims but seems to have acted anyway. No accusation of panic, then…..

Collapsing-Reactor
premium content

Redemptions Watch: Woodford Walloped; is Gating WEIF really in investors’ best interests?

Neil Woodford suffered another terrible day yesterday. His Norwegian disrupter of biometric cards, Idex, reported another quarter of monster cashburn and it is clear it will need yet more cash, his Income Focus Fund (WIFF) was hammered in the markets, as was the Equity Income Fund (WEIF) to a lesser extent, Verseon slid further to just 12p bid, Kier (KIE) was slapped down by 11%.....but at least the Patient Capital Trust offered a marginal increase in NAV – although the shares were slapped down in the market anyway...

PHC

Plant Health Care – shares soar on ‘extremely encouraging’ field trial results… but beware, it’s an RNS Reach…

Plant Health Care (PHC) “is pleased to provide” an update on field trials of its PREtec peptide PHC279 for the control of Asian Soybean Rust in Brazil – and the shares have responded currently more than 50% higher, towards 9p…

WPCT

Bad news for Neil Woodfjord as Norwegian Idex reports for Q2

I said early yesterday morning that there was an awful lot of bad news still in the pipeline for Neil Woodford. And then his revolutionary cards outfit Idex of the Oslobors precinct reported. Needless to say the results are pretty awful and the tin will be rattling again very soon...

BBY

This Construction Giant Shines By the Brill Idea of Refusing Less Profitable Contracts

Hello Share Takers. Some construction giants have taken a share drubbing in the last couple of years. But Balfour Beatty (BBY) is now on the front foot – and likely to stay that way in my humble opinion...

MRS

Ooh Er MRS – is this a record for TR1 non disclosure

The responsibility for submitting forms relating to changes in percentage ownership lises not with a listed company but with an investor. Thus though Management Resource Solutions (MRS) is a worthless piece of crap which should have been booted off Aim for numerous wrong-doings, as we have detailed HERE, this is not its fault.

WSG

Westminster Group – interims emphasise “a significant move forward”… not on the balance sheet though!

Westminster Group (WSG) has announced results for the first half of 2019 emphasising “a significant move forward” and “we look forward to a strong full year performance significantly ahead of 2018”. The shares have not really responded though – currently remaining sub 10p…

BUR
premium content

Shark eats Shark - US law firm offers Burford investors a chance to sue the company

Have you lost money being long and wrong on litigation funder Burford (BUR). Fear not, how about joining a class action with other victims to sue the company? US sharks, sorry lawyers, Schall Law is hear to help.

NANO

Nanoco – “broadening our efforts to seek out other potential new customers”… so still “lack of current commercial contracts” then!

Nanoco Group (NANO) has updated including “unaudited revenues of £7.3m for the year ended 31 July 2019 were more than double FY18 and slightly ahead of market consensus expectations… cash position at 31 July 2019 was £7.0m, an increase of £0.8m since 31 January 2019” and “the completion of the new Runcorn facility and the waiver of the contract liability leaves the group with a significantly expanded asset base and production capability across a wider range of market sectors”. However, the shares remain sub 12p – down from circa 40p as recently as June!

BUR
premium content

Reader Post of the week: Burford and that other Napo case - this reads badly for the AIM company

A cornerstone of the Muddy Waters attack on Burford (BUR) is that it booked 2013 profits on a case its client Napo lost and, as we showed here lost before the accounts were finalised. Burford’s defence is that this refers to a different Napo case but it failed to say which one. Well, reader Drunken Sailor has – I think found it. Sadly this second case fails to substantiate the Burford rebuttal at all, it makes it look even weaker. Over to Drunken who posts…

GVC
premium content

GVC raises numbers but please no more 'number of the beast' share sales!

I have written about GVC Holdings (GVC) a number of times this year, after making it one of my tips of the year back in late December. I have been critical on many occasions this year, predominately because of the ludicrous share sale by the Chair and CEO just days after loving up the full year numbers and prospects. Rather appropriately the share sale was at 666p. The number of the beast, indeed! Today's interim numbers read well on an overall basis...

Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

Most Read in the Past Seven Days

That Was the Week that Was

 

ANP

Anpario – a recovery Buy?...

Thursday »

Cat_Fixing_Lightbulb

Bearcast issue update: all should be well

 

ORCP

Oracle Power: Cynical Foul

Time left: 00:14:15