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

Tumbleweed
premium content

Neil Woodford’s Equity Income Fund June report – nothing to see here

Like his Income Focus Fund (WIFF), Neil Woodford’s Equity Income Fund (WEIF) has released its June month-end report and the percentage holdings of the top ten have not been revealed. The top ten has hardly changed and the only notable movement is that the bank overdraft has gone. So what’s the story?

Fake_News

How I Plan to Exploit a Disorderly Brexit.

Hello, Share Turners. Recently I’ve been buying shares. This was partly because of the buoyant mood of fund managers I met at the UK Global Group Investor Show. But that was in the Spring and since then,it has become all too clear that Boris Johnson could be our Prime Minister. That has caused a change of mind and I will soon redirect into cash, partly at least. 

DPP

DP Poland – argues trading “momentum return”… but again what does it mean financially?

Previously writing on the company with the exclusive right to develop, operate and sub-franchise Domino's Pizza stores in Poland, DP Poland (DPP), in May I noted argues “been effective at driving sales”… but what does it mean financially?. Surely some useful insight now from a “H1 2019 Trading Update”

Bearcast
premium content

Tom Winnifrith Bearcast: Monkey wrong on Hammerson & property but not a cowardly cat like Neill Ricketts of Versarien

In today's bearcast I discuss Hammerson (HMSO) and its 9.5% yield and the outlook for its sector, semi naked women on a cornish beach,  Versarien (VRS), Feedback (FDBK) and MotifBio (MTFB). 

UJO
premium content

Union Jack Oil - West Newton possible delay?

When Union Jack Oil (UJO) confirmed the results of the West Newton A2 drill in June, we were told consent was in place for the extended well test and this would go ahead in Q3 of this year. With all too many UK onshore drills impacted by delays due to difficulties obtaining planning consents everything sounded very positive. This week however has seen the operator make a planning application for the well test phase, which introduces timing risk.

TCM
premium content

Telit, FinnCap, the Oxymorons at AIM Regulation – the endemic problems of the Casino

Telit Communications (TCM) is a case study on why the AIM Casino is such a casino. Not only does it claim to be running at a cash profit while c$20 million of cash disappears in the first half of the year. But rules are broken and the folks meant to stop that, Nomads such as FinnCrap, do nothing to prevent it happening. And the regulators then do nothing about it. So other folks feel free to offend.

ACA
premium content

I've still got the horn for gold (despite bogging up my Acacia Mining call)

I know I look a bit stupid for writing on these pages in early June that you should not have a punt on Acacia Mining (ACA) after its majority owner Barrick Gold (GOLD in the US) made an initial low ball for the rest of the shares. The subsequent 30% share price rise between then and now would have made for a decent contribution to the summer holiday spending fund, even for a relatively modest four figure investment. Acacia announced earlier today that all is sweetness and light with Barrick as the latter bumped up its offer by around 10%, made various special dividend promises regarding some exploration promises and because of the latter's share price rise...the base share-for-share offer was worth more in any case…

EVE
premium content

Would you Adam and Eve it: another bailout on the way at a Neil Woodford dog (they hope)

It seems the world of mattresses isn’t going to be revolutionised by Woodford Dog Eve Sleep after all. The company issued a trading update yesterday and for all the waffle the cash looks like it is going to run out again. As with Halosource, RM2 and Thin Film, without Neil Woodford to backstop yet another bailout I think we know the pattern. Oh dear….

Gold

Gold Headwinds Lighter - Scope For Faster Gains

Like a modern day Cassandra from Greek mythology, who was given the gift of prophecy, but cursed by never being believed, gold analysts and indeed the gold price is itself uttering truths - as indeed are leading economic indicators.

Collapsing-Reactor
premium content

Redemptions Watch: Neil Woodford’s Income Focus Fund slips again as June numbers (not) revealed

This morning’s news from Morningstar show that Neil Woodford’s Income Focus Fund yesterday saw NAV per unit slip, albeit by the narrow margin of 0.04%. This should have dropped the fund from its previous total of £288.8 million to £288.7 million but redemptions knocked that down to £288.5 million. The trickle continues. Meanwhile yesterday saw Woodford release its monthly update to the end of June…..

Malcolm-Sax-Machine

Ain't No Cure for the Summertime Blues - But There could Be Short-Term Trading Opportunities

Hello Share Twiddlers. Though I’m sometimes rebuked for suggesting it, I feel the weather has a bigger effect on the upward or downward paths of shares than most analysts give credit for. There are some shares which drop away in hot weather. For example, the price of oil is falling a bit...

Bearcast
premium content

Tom Winnifrith Bearcast: Rule 1 of AIM, you cannot beat Professor Conroy

In today;s podcast I discuss how the Mrs has fallen victim to the fascists of the North Wales Police, Karelian Diamonds (KDR), ASOS (ASC), Eve Sleep (EVE) and Sosandar (SOS).

BOOM
premium content

Audioboom – the scale of the pre placing cash fudge is revealed by shocking interims

I have noted on this website several times how Audioboom (BOOM) has real form in giving a misleading indication of its cash  position and cashburn ahead of a bailout placing. I warned you that it was up to its old tricks again in the final months of 2018 and early 2019 ahead of two placings which came along as predicted. Now the scale of that naughtiness is revealed with dismal interims out today. Here is your timeline.

VRS
premium content

It could have been written for the deranged Versarien shareholders trolling me: Dom Frisby's new song - Keyboard warrior

My friend Dominic has a new song out today and it could have been written specifically for deranged Versarien (VRS) owning imbeciles trolling me. It's "keyboard warrior". Enjoy.

7DIG

7digital – argues “we have largely completed the rescue”, but…

Shares in 7digital Group (7DIG) are currently on the rise on the back of a “Management and Board Changes and Cost Savings” announcement, including “we have largely completed the rescue by securing a new, strategic majority investor, which has stated that it is prepared to invest further funds”

KDR
premium content

Karelian Diamonds – settlement issues: more shenanigans on the AIM Casino

I noted yesterday that AIM-listed Karelian (KDR), of the Conroy stable, had issued £100,000 worth of equity following a subscription. Since then, two directors bought in the market but word has reached Deputy Sheriff Towers of settlement issues. With a sack-the-board EGM coming up next Friday this looks a mess: will the shares have to be suspended?

BST

Big Sofa – another service agreement with a US-based global technology company…

“Service agreement from a global technology company” announcement from Big Sofa Technologies (BST)…

Crime-Scene
premium content

Is this a slam-dunk breach of the rules by Woodford? The Al Capone solution

Andrew Bailey, the head of the FCA, has complained bitterly that Neil Woodford followed the letter, but not the spirit, of the rules in relation to the unquoted holdings within his Equity Income Fund, according to The Telegraph which was reporting on the FCA’s annual public meeting in London on Wednesday.

NCCL
premium content

Ncondezi Energy – projects & financial update

“Shareholder Loan Conversion” announcement has followed results from Ncondezi Energy (NCCL)…

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

 

CTAI

Catenai – monster dilution

Time left: 15:24:37