Hello Share Finders: I'm a bit under the weather having had a tooth out. One of those back molars with three prongs.
Plastics products manufacturer for global niche markets, Plastics Capital (PLA) has announced results for the six months ended 30th September 2013 which note that “revenue growth has resumed on the back of some partial demand recovery from customers in Europe and we have continued to win new business” though that the company has also been “affected either by prior period overstocking or customer delays in the commencement of many projects affecting start of production dates”. So what is the net impact and the outlook from here?
To bounce or not to bounce? I have been watching the Standard and Chartered (STAN) share price like a man hopefully looking for a parting of clouds after bad weather but they do not part!
The house broker to Creston plc (CRE) has, following the marketing services company’s recent results announcement for the six months ended 30th September 2013, downgraded its earnings forecasts, though noting that the company “is positioned for stronger growth in 2H and the pitch activity bodes well for the medium-term performance of the group, especially given the improving UK advertising environment”.
11 Days ago I tipped Beacon Hill (BHR) at 0.8p – the shares now trade at 1.22p. Now I do not want to sound like a total spiv, but..
The party for fans of Nighthawk Energy (HAWK) on a charting basis started with the bull flag buy signal above the 200 day moving average in July, followed by the golden cross buy signal between the 50 day / 200 day moving averages in July.
Back in the summer I covered Afriag (AFRI) at 1.3p after interviewing David Lenigas. I suggested the 1.3p stock would sharpishly become 2p. Fortune favoured the brave and there was a stack of reasons why investors would miss the rise then as they might now.
Over the years The Closet Chartist grew up attempting to decipher not only the golden prose of the Godfather of UK Technical Analysis – Zak Mir, but also the tricks of the trade he offered in a quite unique fashion.
The dismal nine year tale of woe that has been AIM Cesspit posterboy Cyan Holdings (CYAN) continued today with news of a £1.1 million placing at just 0.15p. The Bulletin Board Morons who abused me, as I have warned of this disaster in waiting for more than six months, lose again.
Pete Landau, the head honcho at Range Resources (RRL) has been busy emailing shareholders about my weekend opus magnus. Good for him to come out fighting. Low life CEOs would resort to hiring bully boy City lawyers to try to gag me. Landau seems happy to debate the facts. For that I really do give him full credit. Pete: you are THE man!
Hello Share Twiddlers: With your permission, gang, I'm going to look at banks again.
I approve of AIM companies doing rights issues rather than discounted placings to City insiders. But not when the company in question is, to use the technical term, fucked. That brings me to dual listed Scotgold (SGZ) which, I have noted before on this website, is a total POS.
I start this video postcard back in 2005 when a fellow bought an asset for $10,000 and then sold it weeks later to an AIM listed company for $20 million.
Thank heavens Movember is over. I do not know how men wear a tash all year round. It trickles, itches and is all round unpleasant. I shall be keeping my tash until the 7th December and a family event but cannot wait to remove it thereafter.
Share tipsters publish their views in their own name and declare a position in a stock covered. Bulletin board posters do neither. Most BB posters are sensible folks but some are obviously morons in that they think the law does not apply to them.
As the late great Max Bygraves might have said, I wanna tell you a shtorrry – and this tale comes to you all the way from Central America. Read carefully for it is a bit complicated.
Hello Share Gang: When I was an investigative journalist with the BBC I looked into a lot of business issues very carefully. We had many letters from listeners about banks.
SyQic comes to market Monday with a cloud of all that is unknown on listing day. However the strong press coverage from the Telegraph here coupled with an air of popularity for IPO stocks like Royal Nail or, at the other end of the scale Rapid Cloud, suggests this may fly.
Range Resources (RRL) shareholders have just voted through the annual report giving their approval on executive pay. Hmmmmm.
It has clearly been a horrible ride all the way down as far as shares of Talvivaara Mining (TALV) are concerned over the past couple of years, with the situation in the recent past in terms of the price action appearing so dire that one would be half expecting to hear the death rattle of this company at any time.
What will Father Christmas be putting in the stockings of the writers of ShareProphets, nine share tips, plus what sexism at the BBC
In today's bearcast I take inspiration from Roger Lawson looking at the sins of KPMG at Carillion (CLLN) and EMIS (EMIS), not to mention Quindell (QPP). What to do? I look more at Dignity (DTY) and conclude that - having examined numbers from Beyond - the company is fecked. I look at the dumbest snowflake financial journalist going - natch he works for the Daily Mail. And I wonder should one follow the bears, I review the most shorted stocks on AIM and the main market including IQE (IQE), Debenhams (DEB) and Telit (TCM)
KEFI Minerals (KEFI) has updated on the most recent quarter, including on Tulu Kapi project financing and that “the final Tulu Kapi project models were agreed within the consortium and uploaded into the formal financing data rooms. They show some improvements for shareholders, as compared with recent company guidance”…
The current exuberant mood of the market has thrown up some great opportunities for bears as well as bulls on AIM recently. But for bears they are not for the faint hearted. Timing is particularly difficult when shorting rubbish and, particularly in these times, it pays to drip feed into a position and to maintain plenty of margin. Even then it is not unusual for a stock to double against you as happened to me recently with Online Blockchain (OBC)
It can be difficult just buying and holding a share at times, especially when nothing is really happening with the share price and many of its peers are seeing large rises.
Gold is positioned for a major breakout in 2018 and the gold stocks and Silver are not far behind. That is the claim of Jordan Roy Byrne the Technical Analyst at Palisade. In the video below he demonstrates his thesis by analyzing 6 different charts and the key resistance levels these markets could test very soon.
Again Carillion (CLLN) dominates the news and the political class is talking utter tosh with our useless Prime Minister Mrs May leading the way. By way of contrast Luke Johnson is superb in his Sunday Times Column today. Luke for PM before it is too late.
I noted yesterday that Blue Prism (PRSM) was one of the most shorted shares on AIM. And having had a butchers at the numbers I can see why.
A note popped into my inbox with regard to the demise of Carillion. At first glance, it seems we’ve all been here before – way back in 1990 (when even Tom Winnifrith was a young man). For Carillion today, read Coloroll then.
If you listened to my bearcast of yesterday you will be in no doubt that I am aa big bear of Dignity (DTY) based on some simple maths. I take my hat off to a ShareProphets reader (Buy100ozSilver) for his maths in our comments section. His ( or her) post merits a wider audience.
It being the weekend, I thought I would take a break from stock specifics and make a few observations about a brilliant film that I watched recently on Netflix that I would recommend to anyone interested in investing, and particularly short-selling, as it tells the fascinating true story of Bill Ackman’s costly billion dollar short against alleged pyramid scheme, Herbalife (NYSE: HLF).
It's been 18 months now since I cut the (virtual) cord with Sky TV (SKY) and I can't say that I have missed anything, except a £50 per month-ish bill. It's been replaced by Freeview, at the impressive price of free, and Netflix (NASDAQ:NFLX) at £6.99 per month.
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