Ncondezi Energy – fundraising for solar/battery storage move
Ncondezi Energy (NCCL) has announced it has raised £1.88 million at 6.5p per share and “entered into a term sheet with GridX Africa Development, an African power developer, enabling it to enter into a Joint Venture focused on building and operating captive solar and battery storage solutions for the African Commercial and Industrial sector”…
- By HotStockRockets |
- 17 April 2019, 08:28 |
The Legal Sharpens its Talons Towards Firms which Don't Meet its Standards
Hello, Share Spookers. My old favourite Legal & General (LGEN) is making the news. It has a policy which could energise the share price. The company is taking action it hopes will curb global warming...
- By Malcolm Stacey |
- 17 April 2019, 08:16 |
premium content
Tom Winnifrith Bearcast: I have cracking news for Concepta but still tell its CEO to go feck himself
I start with good news on the Woodlarks front and kind words about the UK's top share blogger Paul Scott who I must remember not to be nasty to for a few weeks at least. If Paul can be a nice guy so can you too HERE. Then I look at Versarien (VRS) in light of today's expose HERE, Management Resource Solutions (MRS) caught with its pants down HERE, Concepta (CPT), Inspirit (INSP), Chesterfield (CHF) and Bould (BOU).
- By Tom Winnifrith |
- 16 April 2019, 15:49 |
CAP-XX – trading update including “has achieved success in securing orders”… so why further share price decline?
Writing last month on self-styled “a world leader in the design and manufacture of thin, prismatic supercapacitors and energy management systems”, CAP-XX (CPX), as the shares were sliding to around 7p, I noted - despite it stating “the ongoing growth in the pipeline of major new sales projects has given the board the confidence to start examining options for expanding production capacity” - that the outlook was actually problematic and that it remains on the bargepole list. Today a “Trading Update” – and the shares currently again lower, now to around 4p!...
- By Steve Moore |
- 16 April 2019, 14:37 |
Does anyone have a Scooby as to why Inspirit is sharply higher?
I have to admit it: I haven’t a clue why shares in AIM-listed Inspirit Energy (INSP) are hugely up today. The shares opened at 0.0225p and motored as high as 0.055p. They currently sit at 0.045p, up 100% on the day. But there has been no news and I am not aware of any imminent news. So why is the stock up so strongly?
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 16 April 2019, 14:20 |
premium content
Winnileaks expose (perhaps): Versarien – is Neil Ricketts taking the piss with share sale and BIGT investment
In September 2018, Versarien (VRS) raised £5.3 million at 145p. Ramptastic CEO Neill Ricketts stated that he wanted to take part, to buy shares at 145p but could not do so as he was sitting on inside information. Yesterday, having exercised options at 29p, he flogged 307,970 shares at 136.1p netting him a cool £340,000. But that is not the thing that, perhaps, really stinks.
- By Tom Winnifrith, The Sheriff of AIM |
- 16 April 2019, 11:36 |
Tex Holdings – “Update on Trading” three and a half months after year-end… and at 4:55pm!
A yesterday after-market-close, 4:55pm, “Update on Trading” from plastic injection moulding and tooling, engineering products and boards and panels manufacturing group Tex Holdings (TXH). I’m guessing it ain’t going to be a positive one…
- By Steve Moore |
- 16 April 2019, 11:30 |
Ariana – quarterly production figures
AIM-listed gold-miner in Turkey, Ariana Resources (AAU), released its latest quarterly production figures from its Kiziltepe joint venture this morning. Last year the numbers were 4,866 oz against a target for the year of 20,000 oz and the company went on to deliver 27,110 ounces. Now a year later, and with all the start-up bits and pieces worked out some time ago, Ariana has delivered 7,296 oz of gold for the first quarter of this year. Great stuff!
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 16 April 2019, 11:19 |
premium content
Ashmore – it is always about big AND small picture
As many readers will know, I spend a good chunk of my time looking at the bigger, wider macro world to help me come to conclusions about individual stocks. I know the 'bottom-up' purists will hate this but nothing exists in a vacuum and whilst the macro world is notoriously hard to predict, this does not mean you should not look for some insights. I do not believe - as some academics would have it - that eighty or ninety percent of your returns are determined by your asset allocation choices, but it certainly plays a significant contributory factor. There is a reason for the ramble – and it is Ashmore (ASHM), which produced a trading update today covering the first calendar year quarter...
- By Chris Bailey |
- 16 April 2019, 09:30 |
premium content
Steve Moore share tips of the year updates
As 2019 neared, I wrote a couple of share tips of the year. After the first quarter (and a bit), how are they faring?...
- By Steve Moore |
- 16 April 2019, 08:20 |
premium content
BREAKING: Winnileaks exposes the monster lie Management Resource Solutions told to its Nomad and AIM
If an AIM listed company lies to its Nomad and to the market the Nomad should quit on the spot. Thanks to Winnileaks we bring you an email exchange below which shows that Management Resource Solutions (MRS) told a monster lie this week. The end should be nigh. I have alerted the Nomad, AIM Regulation and the FCA.
- By Tom Winnifrith, The Sheriff of AIM |
- 16 April 2019, 08:14 |
The Steel Comeback Might Turn Shares in this Giant into a Shiny Opportunity
Hello Share Pilers. Do you fancy investing in a steel company? Ok, I sense some resistance here. In recent years the steel industry has suffered. But it’s making a comeback, mainly because many countries, including the USA and Blighty, are committed to building up their roads and other examples of infrastructure...
- By Malcolm Stacey |
- 16 April 2019, 08:13 |
Neil Woodford favourite Circassia – IP Group is selling
Oh dear! It appears from a TR-1 released by Circassia Pharmaceuticals (CIR) today as though IP Group (IPO) - a Woodford investee - has been selling shares in Circassia, a favourite of Neil Woodford...
- By Nigel Somerville, The Deputy Sheriff of AIM |
- 15 April 2019, 15:31 |
premium content
Ascent Resources – permit ‘delight’… but still more needed
Ascent Resources (AST) has updated that the “crucially important” IPPC permit has been confirmed by the Slovenian Environment Agency to the company’s partners “as fully valid, no further appeals against the permit are possible” – and shares in the company have currently responded to 0.625p, 25% higher…
- By Steve Moore |
- 15 April 2019, 14:58 |
System1 Group – full-year trading update, share price recovery imminent?
Previously writing on marketing services group System1 (SYS1) in November with the shares just under 200p, I concluded amidst a clearly continuing challenging trading environment… I’ll monitor with interest, but re. the shares currently continue to avoid. Now a year ended 31st March 2019 trading update…
- By Steve Moore |
- 15 April 2019, 12:30 |
premium content
Robert Walters – a geared play on everything
I read today that a Deloitte survey shows that 8 out of 10 chief financial officer's at large UK companies think the long-term business environment will be worse due to Brexit, whilst a Bibby Financial Services survey notes 57% of small and medium sized business owners think the UK economy will fall into a recession this year. I guess that is pessimism central...and the seeming inability of politicians to concentrate on the opportunities and challenges of the post-Brexit period does not bode well. Step forward the recruitment sector for review then…
- By Chris Bailey |
- 15 April 2019, 10:00 |
premium content
Tom Winnifrith Bearcast - farewell civilised south as I am 100% vindicated on the MRS nest of snakes
I record ahead of the arrival of the removals men. Grim North here we come! On the agenda today is Mayan Energy (MYN) where comrade Jennings of Align is getting a little ahead of himself and then the scandal of the day, Management Resource Solutions (MRS) where my work has been 100% vindicated as it admits - thanks to me - to the related party nest of snakes. But still, as shareholders try to out two leading snakes, the company and its pathetic Nomad Arden are behaving disgracefully. This insolvent piece of crap stinks and I explain why. Now as I crack on with assisting the removal men how about you join the roll call of heros HERE
- By Tom Winnifrith |
- 15 April 2019, 09:03 |
premium content
Lessons from Plus500 & Time to sell more Purplebricks
The shocker from Plus500 (PLUS) provides useful lessons for bulls and bears. Little more than a year ago I suggested selling the shares at £11...
- By Lucian Miers |
- 15 April 2019, 09:00 |
The good news is that we know what is coming next...
The good news is that we know what is coming next... The bad news is that we know what is coming next...
- By David Scott |
- 15 April 2019, 08:30 |
Optibiotix – Indian Slimbiome regulatory all-clear another piece in the jigsaw
It is another piece in the jigsaw and it could turn out to be quite a large one. Optibiotix (OPTI) has announced that it has received a licence from the Food Standards and Safety Authority India (FSSAI) for its weight management product, SlimBiome to be manufactured in India. The approval was gained by Optibiotix's manufacturing partner, Zeon Life Sciences, for both SlimBiome and SlimBiome-containing products...
- By Tom Winnifrith |
- 15 April 2019, 08:29 |