The Innovation Group (TIG) published interim results the other day showing a strong improvement in profitability. According to commissioned researcher Edison subsequent deal flow across software and business process services (BPS) suggests the margin expansion trajectory is well set to continue and thus successful conversion of a strong pipeline, particularly in the US, should set the stage for significant further earnings growth.
As you may remember, fully listed Office2Office (OFF) issued a dire profits warning earlier this week at 5.31 PM. Its shares duly collapsed the next day to 44p but it is not without friends. Commissioned research outfit GE&CR duly urged punters to buy the stock with a 104p target if only for a 13% yield. You are kidding me are you not?
In an exciting 2012, punters saw Bowleven (BLVN) shares reach a dizzy 102p. At a fundamental level the oil mid cap seems to have made strong progress yet the shares trade back at just 59.75p, valuing the company at £173 million. That seems largely a result of sectoral unpopularity and I reckon the shares are cheap.
The 3rd July trading update for the quarter ended 30th June from Domino’s Pizza Group (DOM) has drawn a strong divergence of broker reaction...
Vin Murria’s Advanced Computer Software (ASW) has released Full Year 2013 numbers which are good but, according to Edison Research, in a note published today, that is only half the story. It sees real upside in the shares.
U308 Holdings (U30P), a company set up and run by my old pal Conrad Windham provides today’s laugh of the day with a statement of pure comic brilliance. I refer to its half year results. Conman should give up on the resource stocks malarkey and do comedy for a living, this is sheer genius.
Range Resources (RRL) has announced that it has increased its acreage in Trinidad by 280,000 acres by farming into Niko’s Guayaguayare block which covers both onshore and offshore areas. House broker Fox Davies says that the farm-in will “provide Range with vast exposure to both onshore and offshore potential and creates excellent synergy between Range’s three existing blocks and the Guayaguayare block”.
Shares in AIM-listed IT services provider Enables IT Group plc (EIT) currently trade further higher today, at 42.5p, following an announcement of a £0.75 million contract win “from a worldwide private healthcare group” to design and build a strategic data centre in the UK. This is a material win in the context of...
The story of AIM cesspit woe that is African Eagle (AFE) continued apace this week with news that all of its assets have been put into a company called Blackdown and that African is to sell 90% of that company for just $100,000. Actually it will not make that much from the sale but more on that later.
Do not all say it at once but I really am a very nice guy. Jim’s company may be suing me for libel but how he pisses away shareholders cash on a case he cannot win is his problem. I write today in defence of Jim Bob. I am truly such a genuinely nice guy it amazes even me sometimes.
Paid for researcher Edison has published a detailed research report on Gulf Keystone (GKP) giving a crumb to the bears but a loaf to the bulls.
AIM listed Office2Office (OFF) served up a trading statement yesterday at 5.31 PM. Yes I missed it and so did many others and the shares have slumped by 45% today to 46p. Analysts at Panmure described the trading update as “dismal” and it is.
But why release it at 5.31 PM after the City has gone home?
Shares in the FTSE-250 exclusive master franchise holder for Domino's pizza stores in the UK, Republic of Ireland, Germany and Switzerland, Domino's Pizza Group plc (DOM) currently trade approaching 7.5% lower, at 619.5p, today on the back of an update for the quarter ended 30th June 2013.
David Lenigas, CEO of Leni Oil & Gas speaks at the UK Investor Show 2013.
As a value investment the InterContinental Hotel Group (IHG) looks hugely overpriced. Understanding the reasons for that and viewing the shares from a ‘momentum’ perspective the shares look attractive.
In the latest of a series of headline grabbing announcements there was plenty for investors to get excited about as the company reported it was “extremely encouraged by further multiple high grade silver samples of up to 3,452g/t”. The more you read on the better it sounded.
There is great celebration in some quarters that AIM shares will be allowed in ISAs – that is all AIM listed shares not just those with a dual listing as was the case in the past. I do not share in these celebrations but regard what has happened as pure folly which will see a transfer of wealth from low and middle income savers to overpaid City folks and overpaid AIM directors.
Following a warning last week from AIM-listed ‘enterprise resource planning’ software, hosting and managed services company K3 Business Technology (KBT) that “continuing order deferrals combined with the phasing of the software element of new wins mean that K3 will report revenue and pre-tax profits below current market forecasts”, independent ( i.e. paid for) researcher Edison has updated its view on the company...
Firstly a declaration that I own some shares in this AIM-listed satellite operator as a speculative investment. Shares in Avanti Communications (AVN) performed very strongly in 2009 and 2010 – reaching 735p in December of the latter year. However, they have since disappointed and currently trade at 250p, capitalising the company at just under £280 million.
FTSE-250 international provider of engineering services to a blue-chip client base in the oil and gas, petrochemical and mining and metals sectors Kentz (KENZ) has updated that its operations worldwide have overall “performed in line with our expectations during the first half of 2013” and that it is “confident of achieving our target of delivering double digit earnings growth in 2013”.
Following complaints from shamed share ramper Roger Lawson, ADVFN has insisted on a raft of new editorial controls on OneFreeShareTip.com. I did not re-start my life five years ago to be told what I could or could not write. I said no and ADVFN boss Clem Chambers has just said that the website will be shut down. So...our hand is forced ... Welcome to fivefreesharetips.com - we hope you join NOW HERE.
As seen here, Telit's (TCM) distributers are a, um, diverse lot, including a distributer in Vietnam that appears to be a scooter courier firm. Which is nice, and thank you for sponsoring this week's Bulletin Board Moron search.
The failure of the LSE to insist that hapless Nomad FinnCap forces Telit (TCM) to bring in a firm like KPMG to conduct a full forensic review will hurt it even more when this company goes tits up as I noted in a letter to Stock Exchange boss Donald Brydon earlier today HERE. Two sources tell me that the FBI may have bad news for the Boston fraudster Oozi Cats and his Mrs as I explain in this podcast. But the meat of the podcast is explaining why Telit will go tits up and why that could be within six weeks. Enjoy.
You may remember that at the last AGM of the London Stock Exchange (LSE) its chairman,, Donald Brydon CBE, 'fessed up to being a ShareProphets reader and as we chatted afterwards he came over as a thoroughly decent man. But he has, yet again, been failed by his minions in their handling of the biggest AIM fraud of the year, so far, Telit (TCM). Lowly gofers such as the head of AIM Regulation, the fake Sheriff Mr Marcus Stuttad, have allowed Telit to avoid any independent scrutiny of its accounts & business practices despite clear evidence of fraud. That has to change and maybe Brydon will push for that. I have sent him a letter.
If you read the bent, freebie is our middle name, personal financie columnists in the deadwood press, fund manager Neil Woodford walks on water. I disagree and have noted before, that, maybe, after three dismal years, others are starting to see the light. But, with assistance from a leading broker, how about we have a real look at the Woodford Patient Capital Trust (WPCT) but also at the sort of dogs Neil ifalls in love with.
VSA is house broker to Obtala (OBT) so is not impartial. Neither am I as we own a small number of shares following a Dragon's Den pitch as the 2017 UK Investor Show. But the price target suggests real upside and VSA's research team is well regarded and since we happily published an uber-negative piece from Evil Banksta the other day, this offers some balance. VSA has tweaked its forecasts
You may remember that ShareProphets poster Drunken Sailor and I were co-defendants in a libel case a couple of years ago ( which we won). Mr sailor is not a drunk and he is a great sleuth when he wants to be. My pressing concerns about uber ramped Bushveld Minerals (BMN) are its balance sheet, but DS has unearthed another major issue which, for some reason, Bushveld has not covered in an RNS. Perhaps it might do so now? Drunken's post merits a wider audience:
Like Richard Poulden, CEO of PCG Entertainment (PCGE), I have a bit of time for Brian Kinane at Riverfort. As someone who believes in transparency and clear communication, my view is that Brian is trying to bring some of that to the world of small cap funding, particularly where the dreaded phrase “ death spiral” is concerned and there’s a few points here to be applauded. It still doesn’t prevent the obvious question being aimed at Mr Poulden though – WHY RAISE MORE FUNDS NOW?
Some folks think that handing out share options to senior staff is a cost free exercise and b) benefits all shareholders as it incentivizes the board and also aligns their interests with those of stockholders. Bollocks on all counts.
Following the postponement of a significant contract announced at the end of last month, SRT Marine Systems (SRT) has now announced an “AIS Aids to Navigation Contract”, including that “the order is for the world's biggest single deployment of AIS AtoN”. The world's biggest hey, sounds impressive!…
Having reached more than 75p in May, shares in information management technology and services company Idox (IDOX) declined below 60p early last month before recovering above 65p - then declining towards 60p again. The company is now “pleased to announce that it has acquired… Halarose, a supplier of electoral back office software and services to UK local authorities, for £5.0 million, comprising £3.5 million in cash and £1.5 million in shares” (at 61.5p)…
Hello Share Grafters. The congestion in most of our airports will give you the heads-up that air travel is booming. It will continue to do so, especially as more people from developing countries become middle class. But you may still be wary of big airlines.
After a stack of RNSs earlier this year, it has all gone quiet at AIM-listed Advanced Oncotherapy (AVO) since the announcement of the termination of the Bracknor death-spiral. How’s the cash position?
Drilling services company Capital Drilling (CAPD) has announced results for the first half of 2017, including that an initial uplift in activity has broadened with an improving outlook in industrial metals and capital markets activities support. Why then are the shares further lower, below 40p, having been above 60p earlier this year?...
From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2016 and thus far in 2017 (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...
Previously writing on System1 Group (SYS1), then named BrainJuicer Group, as the shares slid below 700p I concluded there still, despite self-admitted “limited revenue visibility”, a clear lack of a Benjamin Graham ‘margin of safety’ (”for absorbing the effect of miscalculations or worse than average luck” e.g. an earnings miss or negative change in stock market sentiment) and I thus continued to avoid. The shares have though recently been above 800p… until a “Trading Update” announcement today…
In the piss poor results for the six months to 30 June 2017, Telit (TCM) highlighted that it had purchased GainSpan and provided the following rather limited commentary on its contribution to the interim results:
Search ShareProphets |
Stock market news |
Recent Comments |