ShareProphets

Thursday 20 July 2017 The one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares


17 July 2017, 10:02 | By Tom Winnifrith |

New Bulletin Board Moron of the week PRIZE contest sponsored by Disgraced share Ramper Roger Lawson

Today's the day that African Potash gets slung from the NEX markets or has the rules bent for them, so in normal circumstances it would sponsor this week's contest. But there is an even better sponsor, step forward disgraced share ramper Roger Lawson of ShareSoc infamy who will donate some of the Globo shares he owns as a prize.  Natch, Ramper Lawson sold most of his Globo shares before telling readers to sell, but he still has some left and even offered to help the management take the company forward.

12 July 2017, 10:36 | By ShareProphets |

8 tips, CEO interviews with Wishbone & Optibiotix & much more - The July edition of the UK Investor Show magazine is now live

The July edition of the UK Investor Show Magazine is live featuring eight share tips, a question of life after the Tories, a special book offer, CEO interviews with Optibiotix (OPTI) and Wishbone (WSBN) and much more.

 

13 November 2012, 20:05 | By Tom Winnifrith |

Orusur Mining: Bank a 66% gain or double up?

I recommended shares in AIM and Canada listed Orosur Mining (OMI) – which operates the only producing gold mine in Uruguay (San Gregorio) and has additional exploration acreage in Uruguay and Chile – in May 2010 at 24.25p on t1ps.com, the website I left in September 12 years after I founded it . The shares currently trade at 40.5p

13 November 2012, 20:01 | By Tom Winnifrith |

Hibu Interims: Still a sell at 0.25p target price still 0p

I warned you here back on 25th October that shares in hibu (HIBU) the online directories group formerly known as Yell were worthless and a stonking sell at 0.37p with a 0p target. Interim results out today do not change that analysis, indeed even the company seems to agree with me. The shares are now 0.25p.

12 November 2012, 19:59 | By Tom Winnifrith |

InterQuest - More positive News

I wrote a bullish update last week on specialist IT recruitment group, InterQuest (ITQ) with the shares at 44p. It is thus pleasing to see them currently 3.4% ahead today at 45.5p following an announcement of an out of court settlement with the vendors of Contract Connections Ltd, which InterQuest acquired in June 2011 for £4 million. The following explains the situation and why shares in InterQuest continue to look to represent a decent long-term play.

9 November 2012, 19:57 | By Tom Winnifrith |

Northern Petroleum Board Upgrade – A Step in the Right Direction

I tipped oil and gas producer and explorer Northern Petroleum on t1ps.com, the site I founded in 2000 and edited until this September at 13.75p. The shares raced ahead to almost 150p but have since declined to just 64.75p. But news out today suggests that the company is making a step in addressing one issue it has, next up we await drilling news from Guyane.

8 November 2012, 19:49 | By Tom Winnifrith |

Minera IRL: a gold stock to buy or sell?

I first recommended shares in AIM listed Latin America gold miner Minera IRL (MIRL) at 69p in May 2010 on t1ps.com, the site I founded in 2000 and left this September. Despite having the safety net of current production, the shares have unfortunately not escaped the negative sentiment towards the sector in recent times – and traded at 41p as recently as early September this year. They have recovered somewhat to currently trade at 50.25p but is there more to come? 

7 November 2012, 19:51 | By Tom Winnifrith |

Greggs – buy or sell?

I recommended shares in the UK’s leading bakery retailer, fully listed Greggs (GRG) at 508p on t1ps.com the website I founded in 2000. The share tip came out just two months before my departure in September of this year. The shares traded above 520p as recently as 8th October but, following an 11th October trading update, currently trade at 470p. The following takes a look at that trading update and what it means for the investment case.

6 November 2012, 19:55 | By Tom Winnifrith |

Ceres Power – Do Not Get too Excited by RNS Today – Still almost certaintly worthless

On October 6th I explained why at 2.205p AIM listed fuel cell company Ceres Power (CWR) was almost certainly worthless. My target price then was 0p and although the shares are up by 54% today at 2.5p the target price remains 0p. The issue is cash. Or rather lack of it. I think the Bulletin Board loons and assorted green investors are well ahead of themselves and here is why.

6 November 2012, 19:53 | By Tom Winnifrith |

Caza Oil & Gas: Share spike on drill success but buy or sell?

Shares in AIM and TSX listed Caza Oil & Gas (CAZA) have spiked 28.6% higher today to 18p valuing the company at £29.61 million. Supporters urge me to look at Caza claiming that it will hit 25p before Christmas. But I am always nervous about oil companies operating in the US but listed here. So buy or sell – which is it? I had a long chat with the company this afternoon and came to a conclusion


6 November 2012, 19:04 | By Tom Winnifrith |

Evil Knievil’s Biggest Short is ASOS: is he Right?

A good chat with bear raider Evil Knievil today throws up the fact that his biggest short position right now is online celebrity driven retailer ASOS (ASC) but also that he is looking at another stock that I have already written up as a slam dunk short – more on that later. Those who have followed the great bear will remember that Evil has consistently shorted ASOS ( betting against the lure of Stella McCartney, Kate Moss etc) and consistently got it wrong. His losses over the years on this one must be well into seven figures by now but undeterred he is at it again. But is he right?

5 November 2012, 19:06 | By Tom Winnifrith |

Centamin – Another day and a Better RNS – Still Far More attractive Bets in Gold

And now for the latest news from Centamin (CEY) vs the Islamofascist Peoples Court in Cairo – the fully listed gold miner has issued another statement (its third) on the ruling of last Tuesday which appeared to take away its key flagship asset, the Sukari gold mine. This is the most convincing statement yet from Centamin and the shares have rallied to 74p. That is another opportunity to sell and switch into a safer play. And here is why.

5 November 2012, 19:03 | By Tom Winnifrith |

1Spatial Confirms Contract Win – biggest in its history

AIM listed tech play 1Spatial (SPA)  has today confirmed that it has won a new contract with Ordnance Survey Ireland (OSi) to provide it with a Geospatial Management Solution – the company had said that it had preferred bidder status on 17th October. But what is this worth? Rather annoyingly 1Spatial declines to put anything on the release. But I have had a brief chat with CEO Marcus Hanke on the matter.

5 November 2012, 19:01 | By Tom Winnifrith |

Shanta Gold – Company Reaffirms Production Targets: Buy

Good news today from AIM Listed gold miner Shanta Gold (SHG) – it confirms that it is on track to hit production targets both for the fourth quarter of calendar 2012 but, far more importantly, for calendar 2013 and that will make it a hugely undervalued cash cow. At 18.875p the shares could, in my view, easily double over the next year – even without a surge in the gold price, which I still expect, and here is why.

2 November 2012, 18:59 | By Tom Winnifrith |

Hambledon – Partial Cash offer at 2p

Clearly my advice to cut losses on  struggling AIM listed gold miner Hambledon (HMB) was a tad premature. Today you have a chance to sell at 2p as a cash offer for 60% of the equity has been announced from African Resources. African is not African but Russian but take the offer anyway.

2 November 2012, 18:57 | By Tom Winnifrith |

Aureus Mining Flushed Out - $80 million fund raise underway

Yesterday I warned here that AIM listed gold mine developer Aureus Mining (AUE) was going to have to raise stacks of cash. The deluge of upbeat RNS announcements told you as much. And I advised selling at 57.5p. This was met with stacks of Bulletin Board abuse from folks insistent that I did not know what I was talking about. I suggest scores on doors after 24 hours: TW 1 BB Morons Nil. As today the company has ‘fessed up saying it plans to raise $80 million via issuing new shares. For a company capitalised at £60 million ($95 million) that is a huge ask and there seem to be all sorts of risks here. I would almost be tempted to go short here. If I own the stock I would sell. Here is why.

1 November 2012, 18:55 | By Tom Winnifrith |

Aureus Mining – A winner or a loser in the gold stakes?

AIM listed Aureus Mining (AUE) is a gold development and exploration company, currently mainly focused on progressing its New Liberty project – which it is targeting to become the first commercial gold mine in Liberia. I apologise for having timed my recommendation poorly here – recommending the shares at 84.5p in August 2011 on t1ps.com, during my 12 year stint there. Now trading at 57.25p, I review the investment case based on the informed view of where the best place to currently be in the gold sector is…

1 November 2012, 18:53 | By Tom Winnifrith |

Vatukoula – New China Placing: is it time to junk?

Another day and another placing from AIM listed gold miner Vatukoula (VGM). The shares are down to 35p and given the convoluted circumstances of this placing I can understand why some are tempted to sell and move on. Having recommended the shares at 46.5p on t1ps.com, the site I founded 12 years ago and edited until September I am not best pleased. However I would not be selling, I’d be buying and here is why.

31 October 2012, 18:51 | By Tom Winnifrith |

Pursuit Dynamics – When will the Fat Lady Sing?

AIM listed Pursuit Dynamics (PDX) has forever promised mammoth revenues and huge profits. It has never delivered. And as such the technology developer is looking to pass the hat around yet again. But as it admitted today, there is no certainty of success. If it raises cash this merely postpones the inevitable. But I suspect that is an if, and a big if to boot. As such this looks like an obvious sell.

30 October 2012, 18:49 | By Tom Winnifrith |

Nexus – Reverse Takeover: Hope at last?

AIM listed IT services group Nexus (NXS) has been one of my most disastrous tips of all time. I recommended the shares at 0.89p in December 2006 and many times since on t1ps.com the site I founded and edited for 12 years until September 2012. My average gain per tip over 12 years and 240 tips would have been more than 42.7% had it not been for this shocker. The shares are now at 0.105p following news today of a Reverse Takeover

29 October 2012, 18:47 | By Tom Winnifrith |

Hambledon Mining: a dog to shoot or a recovery play?

AIM listed gold producer Hambledon Mining (HMB) has not covered me in glory. Recommended at 3.25p in November 2008 on the site I founded and edited for 12 years until this September (t1ps.com) the shares now trade at 1.275p. Most mining juniors have not prospered (they raced ahead and then fell) but Hambledon has fared worst than most. This was a bad tip. I apologise. But what to do now? Call it a day and shoot the dog or is this a red hot penny share recovery play? I spoke to the company at length today.

25 October 2012, 18:43 | By Tom Winnifrith |

Firestone Diamonds - Sell

This has been a shockingly bad tip from me. The shares have popped up today. And so...

6 days ago | By Malcolm Stacey |

Why Legal & General's Graph Looks Like a Stairway to Heaven

Hello Share Turners. As I’ve mentioned before, I’m a fan of insurance companies. They seem to be the one arm of the financial industry which is really coming along. Firms like RSA (RSA), even with its massive PE ratio, and Admiral (ADM) are paddling forward nicely in the river of capital returns and juicy dividends.

6 days ago | By Tom Winnifrith, The Sheriff of AIM |

MySQUAR Limited – was brought to AIM and is audited by PKF Littlejohn – what could possibly go wrong?

In a brochure boasting of its (dis) services to the capital markets, auditor PKF Littlejohn proudly lists some of the clients it has helped bring to London’s capital markets (some of which it also audits). The roll call of shame includes:

6 days ago | By Tom Winnifrith, The Sheriff of AIM |

Nomad Cenkos put "on record" re the Mercantile Ports fraud - letter 6, about Mr Gandhi the chairman

When disgraced AIM casino posterboy Mercantile Ports & Logistics (MPL) moves from being a member of the minus 98% club in which it currently sits to being a member of the minus 100% club, I want it known that Nomad Cenkos has been fully aware of massive issues all along and has done nothing other than bank obscene fees. As such we have run a series of letters from a big shareholder to Amber Wood, head of Corporate Governance at Lagos Securities, HERE and HERE and HERE and HERE and HERE.  Now for letter six which puts fragrant Amber and Lagos, Nomad to the Quindell (QPP) fraud as well, on notice for when the final wipeout occurs that they will be held accountable. This letter has also been cc'd to AIM Regulation - I know they are useless but surely even they must realise that Lagos Securities has "form."

6 days ago | By Cynical Bear |

Challenger Acquisitions: Oh, oh, the wheel has finally stopped turning – could this be the end?

Not that Challenger Acquisitions (CHAL) has bothered with an RNS but the wheels are literally falling off here with disastrous news pertaining to its only real asset, the New York Wheel. If you haven’t got out already I suggest you do so now and save a few pennies while you can.

6 days ago | By Steve Moore |

DX Group – anticipates continuing challenging trading, CEO & FD ‘step down’

Having listed at 100p per share in February 2014 and currently suspended at sub 10p amidst reverse takeover discussions for John Menzies' Distribution division, parcels, mail and logistics group DX (DX.) has now announced “an update on trading, reorganisation of the business and board changes”

6 days ago | By Tom Winnifrith & Steve Moore |

Fox Marble , shares down on Beaufort appointment - unfair but the RNS is a lie from a brain dead PR firm

Shares in Fox Marble (FOX) fell by almost 10% to 8.25p-8.5p on the back of news that it had appointed Beaufort Securities, Belfort Secs to its legion of admirers, as the company's joint broker. The assumption is that Belfort, whose clients are mainly bucket shops, will be doing a discounted placing. that is not the case, Fox has enough cash to get it through to profitability but Belfort's reputation proceeds it. Fox has gone on the record to say there is no placing.

6 days ago | By ShareProphets |

Post half-year 2017 update: Top shorted London-listed shares

From the FCA's spreadsheet of short positions required to be disclosed to it, we previously updated at Easter the top shorted London-listed shares HERE. The following updates, showing those with a current reported short position of +7% (those in bold new entrants post the Easter update)...

6 days ago | By Tom Winnifrith |

Why the Federal Reserve is doomed to failure, and soon - and how to hedge against it

Jekyll Island is a real place, off the coast of Georgia, it marks the birthplace formation of the Federal Reserve System. In 1910 a group of wealthy bankers and industrialists met and formulated a plan to take over the money system. In this podcast G Edward Griffin discusses why - 104 years later - the Fed is doomed and will fail.

6 days ago | By Tom Winnifrith |

Plant Health Care- you confuse management greed with incentive

In theory share options are there to incentivise management. There is of course scant evidence that directors who are often grossly overpaid will actually work even harder/be less lazy because they get to have a one way bet on the share price. It may encourage actions that drive short term share spikes but is there a proven link between options and value creation? Er... no. What we we do know is that options are not cost free.

6 days ago | By Steve Moore |

InterQuest – management-buyout attempted robber barons extend offer again as still struggling on acceptances

The attempted robber barons of the InterQuest (ITQ) management buyout team (at Chisbridge Ltd) have made an “Update on Level of Acceptances and Offer Extension” announcement…

5 days ago | By Malcolm Stacey |

Its Big Unification Drive Could Crown Kingfisher as a Royal Share.

Hello Share Tickers. Shares in Kingfisher (KGF) have taken a pounding since the end of May. But the current share price of 295p, down from 368p then, may be worth more in my opinion. 

5 days ago | By ShareProphets |

Table of shorted AIM shares - week to 14/07/2017

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...

5 days ago | By Nigel Somerville, the Deputy Sheriff of AIM |

Stuttard’s Septic Seven July update: when will it be two?

Oh boy, it’s time to revisit Marcus Stuttard’s Septic Seven and we have yet another suspension. You will recall that this portfolio of seven diversified stocks from the AIM Casino was chosen for Mr Stuttard so that he might demonstrate his faith is his own regulatory setup at the world’s most successful growth market – but with the caveat that all the stocks selected had been Red Flagged but were still trading. In the week that the LSE washed its hands of any responsibility for fraud it is scores of the doors time, after not quite 10 months.

5 days ago | By Tom Winnifrith, The Sheriff of AIM |

African Potash - will the fraud be thrown off NEX on Monday or will the establishment bend the rules for Lord Hain of Sleaze?

To be thrown off one market because your adviser tired of signing off on lies is understandable, if you are a fucktard in AIM Regulation who does not care about fraud. But, to paraphrase my fellow Anglo Irishman Mr Wilde, to be thrown off two markets for that reason looks like carelessness. And that brings us to the fraud African Potash (AFPO).

5 days ago | By HotStockRockets |

Collagen Final Results - well telegraphed: BUY

What with all the trading statements and the placing at around the year end, results from Collagen (COS) were pretty well telegraphed. There were no surprises but the CEO statement is upbeat and that seems to have been overlooked.

5 days ago | By Tom Winnifrith |

Video: Gold, silver and precious metals - the primary trend is down

In this video from Jordan Roy Byrne, Palisade Capital covers Gold and Silver and where they could go over the very short and medium term. It also covers gold stocks which are trending lower slowly but remain in a massive multi-year bottoming process. Overall the picture is one that will make the bears not the bulls happy bunnies.

5 days ago | By Tom Winnifrith & Steve Moore |

Begbies Traynor – positive full-year results, a counter-cyclical buy

Begbies Traynor (BEG) has announced results for its year ended 30th April 2017 and that “we anticipate a growth in earnings in the new financial year”

19 July 2017, 12:46 | By Tom Winnifrith |

UK Oil & Gas - It is great fun to laugh at Lucian Miers but....remember Sound Energy

Lucian Miers advised shorting UK Oil & Gas (UKOG) and went short himself at c3.1p, boasting that twice before he had made a packet on the short tack with this perennial darling of the educationally sub-normal wing of the provisional private investor army. The shares are now 4.65p and the Bulletin Boards and the comments section on this website are full of posts by folks laughing at my old friend, the Bard of the Boleyn. So has East London's most feared short seller lost his marbles as well as a vast amount of dosh?

19 July 2017, 08:18 | By HotStockRockets |

Optibiotix - another day, another deal, O Hara confirms the ARM model - BUY

OptiBiotix (OPTI) has announced another sales deal. Like others it is small to start with but will build up and this grows more and more reminiscent of the early days of ARM. Check out the Steve O'Hara quote at the end of the release.

19 July 2017, 08:24 | By Tom Winnifrith, The Sheriff of AIM |

EXPLOSIVE: Nyota - here is the document that damns Peterhouse and Beaumont Cornish as not fit for purpose

Thanks to the Winnileaks service I am able to bring you a document that shows that Nomad Beaumont Cornish and broker Peterhouse have misled investors, costing mug punters tens of thousands of pounds and as such both firms should lose theoir license to practice.

19 July 2017, 12:45 | By Nigel Somerville & Tom Winnifrith |

Advanced Oncotherapy – Bracknor gone, new loan for £3.9m. Is all suddenly rosy in the garden? Er…

AGM day for AIM-listed Advanced Oncotherapy (AVO) and it has pulled something out of the hat. The shares have shot higher, death spiral outfit Bracknor is history and Advanced doesn’t look like going bust now for at least 4 months. But is the deal as good as believed? Er..no.

19 July 2017, 13:12 | By Tom Winnifrith |

See you in Court Bitchez Odd one out Contest - the result

We asked you a simple question HERE. Look at the mugshots of the dirty half dozen below and tell us the odd one out. For those who could not recognise the ugly sisters they were (top row first, left to right): Dodgy bubble Costis from Greek fraud Globo, disgraced share ramper Roger Lawson, the king of the fraudsters Rob Terry of Quindell, lyin' Chris Cleverley of African Potash, Peter Shea of Daniel Stewart and Jimmyliar Ellerton of Sefton infamy. So who is the odd one out? No-one got this one correct.

19 July 2017, 11:26 | By HotStockRockets |

Metal Tiger – Botswana progress, but much more expected soon:BUY

Metal Tiger (MTR) has updated on progress on the T3 MOD Resources (ASX:MOD) joint venture project in Botswana – including previously outstanding drill hole assay results and that next month “we anticipate being able to release an updated and enlarged, T3 Mineral Resource Estimate”

20 July 2017, 11:02 | By Tom Winnifrith |

House of Britannia in administration, liar Simon Petherick strikes again - Daily Mail to apologise?

Oh dear, Oh dear. As predicted here many times it has not ended well at House of Britannia, the company established by serial shyster Simon Petherick. An administrator was appointed on 29 June. Now for the roll call of fame.

20 July 2017, 08:50 | By Tom Winnifrith |

MySQUAR - are its claimed user numbers exaggerated?

On 16 January 2017 MySQUAR (MYSQ) claimed in an RNS that the number of registered users of its apps had exceeded 7.5 million. But was that actually true?

20 July 2017, 08:32 | By Tom Winnifrith, The Sheriff of AIM |

Milestone's Deborah White for the highjump? Shareholders demand her head

I have it well sourced that the leading shareholders in AIM Casino listed Milestone Group (MSG) have demanded the immediate resignation of its serially underperforming CEO Deborah White. And the demand is backed with menace.

19 July 2017, 15:56 | By Steve Moore |

Lombard Risk Management – AGM Statement commences ‘positive market for products’, so why are the shares leading fallers?

An AGM Statement from Lombard Risk Management (LRM) commences that “the company continues to see a positive market for its products with the landscape largely unchanged since we announced our 2017 full year results in May”. Yet the shares are leading fallers, currently down circa 15% at around 11p…

19 July 2017, 14:00 | By Steve Moore |

Hotel Chocolat – full-year trading update, revenue “slightly ahead of market expectations” but what about profit & cash?

“Trading Update” announcement from chocolatier and retailer, Hotel Chocolat (HOTC), which near the start includes revenue “slightly ahead of market expectations”. The shares are though currently slightly lower, at circa 335p. Hmmm...

20 July 2017, 08:08 | By Tom Winnifrith |

Major Autumn Rally Coming in Gold & Gold Stocks

We are seeing pretty classic gold action. Gold stocks are normally more volatile when compared to the regular markets. The U.S. system is currently very dysfunctional, nothing seems to get done, just like it was under Obama. Overall this will affect the psychology with the dollar. The Canadian dollar and gold charts look very similar since these are tied to natural resources. The Canadian dollar improvements in recent weeks have caused Canadian mining stocks to move up in US Dollar terms. We still need some sort of catalyst, an external event, some small drop in the markets to get things started. People are going to be surprised how quickly gold heads for the all-time high.

19 July 2017, 10:55 | By Steve Moore |

Eagle Eye Solutions – a “pleased to announce” trading update, so why are the shares lower?

SaaS digital promotions technology company Eagle Eye Solutions (EYE) “is pleased to announce” a trading update for its year ended 30th June 2017. The shares have though responded more than 3% lower, below 250p…

20 July 2017, 09:57 | By Chris Bailey |

Easyjet's big challenge: not Brexit but who's the new captain?

I really do commend to you the search capability on the ShareProphets website because it provides a great short-cut to who-said-what-when. It was last August when I last mentioned Easyjet (EZJ) and since then the stock has been volatile but positive. Ok, it certainly did take a bit longer than I thought AND there were a couple of sub 1000p/share diversions...but you know what it is like with these low-cost airlines: take-off is not always precisely on time...but you get there eventually.

19 July 2017, 08:11 | By Malcolm Stacey |

British Land Seems Undervalued and Might Be Worth Building On

Hello, Share Cinchers. It’s been a while since I last commended British Land (BLND) to you. I don’t regret that, though the share was falling at the time and has yet to really rebound. The company deals in what they are not making any more of and it owns it around the UK, including where it’s most costly: London.

20 July 2017, 08:01 | By Malcolm Stacey |

City of London Reaches Out to Far Flung Places to Reap Growing Profits

Hello Share Troggers. A share I’ve oft commended to you on this legendary website, and occasionally disparaged, has published a trading report for its year ended in June. And it tempts me to buy a few more shares.

20 July 2017, 15:49 | By Steve Moore |

Audioboom – interims, ‘ideally placed to be a leading player in next evolution of the internet’?

Audioboom (BOOM), which describes itself as “the leading spoken word audio on-demand platform”, has announced results for its half year ended 31st May 2017, with CEO Rob Proctor arguing “we are ideally placed to be a leading player in this next evolution of the internet”