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

Gold

Podcast: The 1 technical analyst we rate, Jordan Roy Byrne sees gold going to $1700 short term

He is the one chartist we rate and he is clearly still bullish on gold and precious metals. In his latest podcast with Palisade Capital the great Jordan gives us an overview of the latest COT results. The Net spec position is currently at an extreme.  He cautions that gold may keep running up in spite of the COT spec positions.

Collapsing-Reactor
premium content

Neil Woodford’s Equity Income Fund releases Interim Report: Don’t blame it on the sunshine……

When no-one was looking, Neil Woodfords’ Equity Income Fund’s (WEIF) Interim Report to June of this year was slipped out. If Neil was hoping nobody would notice he’ll be disappointed as it was picked up by The Sunday Times and Citywire……..and ShareProphets. Readers of the Sunday Times will think that WEIF only lost 11.2% since being suspended as the kids there clearly can't do basic maths. ShareProphets readers know it is far more……

Bearcast
premium content

Tom Winnifrith Bearcast: The Deadwood press is institutionally corrupt, case study Sunday Times & Quindell today

Liam Kelly of The Sunday Times spins for Watchstone (WTG) in a terribly dishonest way becuase it has been shown an email relating to the Quindell (QPP) era and Slater & Gordon. I will have a real Quindell scoop in a couple of hours not dropped by a PR but coming on the back of real hard work. That is my 6th Wedding annoversary present to myself. All is discussed in today's podcast.

Professor

Sunday Long Reads: Salt King, Why do Chinese like their government, Air Conditioning Trap, Crowdfunding Scam, Unix at 50

Is there anything better than sitting back and reading a well-written article on a lazy Sunday? Every week ShareProphets features some long form journalism that you'll find of interest. Grab your cuppa and enjoy these five articles. 

PMG
premium content

Parkmead – So the Fabulous Pad (aka Farmhouse) is under construction!

Having commented on the Parkmead (PMG) deal to buy a farming business here and here, I questioned if the replacement farmhouse at Pitreadie was being constructed. It would appear it is, as confirmed by Aberdeenshire Council in public domain information. Not only does it have an indoor swimming pool with a bar overlooking from a mezzanine level, it also has a snooker room and enough room in the kitchen / sitting room to have a secondary use for indoor football.

Newsboy

Notes from Underground - The 25 Best Warren Buffett Quotes in One Infographic

Sure, this column is merely about the 10 most read articles and listened-to Bearcasts, but when I can squeeze in something sexy, like Bitcoin or graphene or Frozen Concentrated Orange Juice futures, I get all the page views. This week, I have the big dogL Warren Buffett in graphic form. Look to me on top next week.

Bearcast
premium content

Tom Winnifrith Bearcast: My memories of Tom Cross of Parkmead from 1995 and why they are relevant - I think he's a chancer

Therev are some advantages of being old. Folks like Gary Newman are young so know of Tom Cross only from the glory days of Dana. I remember him as a bit of a chancer in its early days. I discuss that and Parkmead (PMG). Then I look at IQE (IQE) and the bulletin board morons. Tonight I am off to see a whistleblower on one of my old foes and am promised a trove of documents and recordings. Watch this space.

Dead-Donkey
premium content

Red Flags at Night (with bells on): Neil Woodfjord Oslobors Dog Thin Film (yet again!)

This really is taking the piss. Having released its FY18 results at one o’clock in the morning, a 6pm on a Friday release covering another major round of redundancies and news of share dumping by Neil Woodford at 9pm on a Wednesday, now Oslobors-listed Thin Film (THIN) has offered up more news, this time at half past midnight on a Saturday and it once again features Neil Woodford, who has again been selling shares. To err once might be seen as forgivable, but four after-hours releases of bad news, two of them in the middle of the night over the past (less than) four months? It is appalling behaviour for a listed company - a serial offender in the issuing of bad news at no-one-is-watching o'clock.

PMG
premium content

Parkmead – I demand a full explanation of this stinking deal PDQ

I looked earlier at Fridays announcement about Parkmead (PMG) buying a farm in Scotland and questioned that deal as being apparent madness. Perhaps it is not – if shareholders want to own a share of a swanky c.12,000 square foot rural farmhouse, and of course a second farm south of Aberdeen. I have a few questions I think Parkmead need to answer PDQ on these matters.

Bear
premium content

Breaking: Bear raider Marc Cohodes sued for $25m for alleged defamation during bear raid, papers below

 Bear raider Marc Cohodes is being sued for defamation for tweets he issued during a bear raid according to papers we publish below. Cohodes will no doubt have a good explanation but his accuser Guy Gentile who was a major shareholder in Lannett, the company that Cohodes was raising seems to have a strong case. Those, like Roger Lawson, who demand ever tighter and more draconian restrictions on those of a bearish opinion, should take note.

Collapsing-Reactor

Redemptions Watch: Redemptions continue at Woodford Income Focus as Neil continues to dump dog Thin Film (released at half past midnight!)

Yesterday’s big disaster for Neil Woodford was Oslobors-listed Thin Film (THIN). Given that Neil has already lost most of his money here already yesterday’s news won’t count as a financial disaster. But yet another dog on the verge of insolvency will – and once again we have the plain fact that Neil can’t bail it out because he’s got no cash being demonstrated to all. And to underline its mega-dog nature, this company once again clocked up an entry in the Red Flags at Night register, with a filing at half past midnight last night telling us of another sale of its shares by Neil Woodford. Half past midnight!

SCPA

Table of shorted AIM shares - week to 30/08/2019

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...

PMG
premium content

Parkmead – Outrageous related party deal, the hard maths on why this stinks

I commented on Parkmead (PMG) last month and noted I saw real potential in the oil and gas assets, but expressed my displeasure in both the news flow and the related party loans to a company controlled by Linda Cross, the CEO’s wife. Gary Newman has already commented on today’s deal that see’s Parkmead buying a company largely owned by Linda Cross. It is a farm in Scotland! I view this deal as outrageous.

BKG

Low Interest Rate, Falling Pound, Cheap British Shares. You Could Be Better Off with Shares than Cash.

Hello, Share Trotters. I believe those who say Britain is facing the biggest constitutional crisis since World War 2. But I don't think shares will suffer much. That’s because the problem has already been factored into the Footsie. Probably by far too much. You can’t get away from the fact that, compared to most of the world, many British shares are cheap.

BUR
premium content

Burford: Formal request to Guernsey Financial Services Commission to join FCA and FRC and Investigate misleading accounts

As I revealed yesterday, the FCA and FRC are both investigating Burford (BUR) following a letter I sent requesting an investigation on August 8. But Burford is Guernsey Registered so there is another regulator which needs to have a butchers. As such I have today written to the Guernsey Financial Services Commission (the tax dodger’s equivalent of the FCA) asking it to launch an enquiry. The letter is below::

Bearcast
premium content

Tom Winnifrith Bearcast: Sam Hutchins scoop admitted to by GRIT but not enough - public career hanging needed now

Global Resources Investment Trust (GRIT) has today fessed up to some of the shocking revelations on this website about its former boss David "Sam" Hutchins. A small ouzo for the Sheriff for hos breakfast is perhaps in order. But this is not enough. GRIT and its adviser, Peterhouse Corporate Finance, need to go to the FCA and ensure there is a public"career execution" for smug Sam as part of a zero tolerance approach to those who break the rules. I also discuss Malcom's bonkers views on the housebuilders and what the Shoe Zone (SHOE) warning and writedwns says about commercial property NAVs, ref Intu (INTU) and Hammerson (HMSO) in particular. 

PMG
premium content

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.

Gold

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!

FST

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…

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

 

AAU

Ariana – Surprise!

 

ANP

Anpario – a recovery Buy?...

Thursday »

Cat_Fixing_Lightbulb

Bearcast issue update: all should be well

 

ORCP

Oracle Power: Cynical Foul

Time left: 07:38:38