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Dividend Munchers – (almost) February update.
Once again I am late with my monthly update. I could say that I was holding on for good news (or hiding the bad), but I can’t lay claim to anything as clever as that: my little portfolio of high-yielders has slipped again and there wasn’t any good news to wait for. However, there was a hint of a silver lining this week from ITV (ITV) as it released its results.
- By Nigel Somerville |
- 3 March 2019, 11:07 |
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Tom Winnifrith Bearcast Exclusive: twit James Hurley of The Times demands an apology for calling out his false claim - he can stick it where the sun don't shine
First of all. I deal with James Hurley who is obviously a pompous little prat and a total knobhead. Then it is onto Neil Woodfotd where, belatedly, the deadwood press is waking up. I do the math on his remaining FTSE 100 holdings. I am a bit tired. having done a 16 mile training walk for Woodlarks in rain, wind and mud today so as you think of an exhausted 51 year old man slowly recovering please support the rogue bloggers for Woodlarks HERE
- By Tom Winnifrith |
- 3 March 2019, 11:00 |
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My advice to Centrica and BT: have a plan if you are going to cut the dividend
Investment can be a kind of introspective business and it struck me yesterday that it was kind of interesting that when i wrote up my latest musings on Marks & Spencer (MKS) the other day, I did not even mention the dividend cut. It was not as if I did not know about it but in an article where I probably squeezed in too many corporate names, it did not feel that relevant versus the Ocado related money raising, continued roll-out of the new strategy and the reiteration of numbers. I found it interesting too that you had to delve quite deep into the deadwood press articles of the next day to spot this aspect of the update too.
- By Chris Bailey of Financial Orbit |
- 3 March 2019, 10:13 |
Sunday Long Reads: 4-Hour Fascist, Spies, Hudson Yards, Office Space, Holocaust Money
Is there anything better than sitting back and reading a well-written article on a lazy Sunday? Every week ShareProphets features some long form journalism that you'll find of interest. Grab your cuppa and enjoy these five articles.
- By Darren Atwater |
- 3 March 2019, 09:31 |
I still see no reason to change my SELL view on Interserve
One has to take one’s hat off to Coltrane Asset Management, the holder of about 28% of fully-listed Interserve (IRV). Seemingly from a stunningly weak hand, concessions have been forced out of the management and lenders to offer a doubled interest of 5% to current equity holders in the event that the proposed restructuring goes through. But it seems that Coltrane still wants more, even though the company has now published its full proposals and called the general meeting.
- By Nigel Somerville |
- 3 March 2019, 09:31 |
Has the ghost of Cynical Bear visited the Sunday Times, as it "reveals" the true risk of Woodford's Equity Income fund?
Another day, another mainstream rag picks up on yet another story that ShareProphets readers have been well aware of for months: this time the Sunday Times has "revealed" the pile of startups and cash-hungry mouths-to-feed in Neil Woodford's Equity Income fund. Of course, Cynical Bear was doing just that over a year ago on these pages. I guess we should be grateful that it wasn't put out as an exclusive!
- By Nigel Somerville |
- 3 March 2019, 09:30 |
Notes from Underground - I am big, it's the pictures that got small
The top ten most-read stories this week, the most popular Bearcasts this week, plus a bonus chart: World Stock Markets: 1899 v 2019.
- By Darren Atwater |
- 3 March 2019, 09:28 |
Mayan Energy – Sack Charlie Wood & the BOD or the shares are worthless
Mayan Energy (MYN) thought it had good news last week but if a god company ( and no-one is saying that Mayan is that) meets a bad management it is the reputation of the latter which emerges intact. Thus the City’s No 1 oil analyst, Zac Phillips of SP Angel has renewed his call to sack the board starting with Charlie Wood. The great man writes:
- By Tom Winnifrith, The Sheriff of AIM |
- 2 March 2019, 08:53 |
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Julie Meyer quotes the vicar and forgives as The Times publishes an "Exclusive" expose (straight from ShareProphets)
Once upon a time, when a journalist claimed an exclusive it meant something no-one else had published. But I guess times change. The lead story in today’s Times Business section is an expose on Julie “Lingerie on Expenses” Meyer which hack James Hurley is tweeting is an “exclusive.” Sufice to say, ShareProphets readers will not be that shocked by what Hurley reveals.
- By Tom Winnifrith |
- 2 March 2019, 08:15 |
Catenae Innovation – placing and warrant issue, still a buy here
Catenae Innovation (CTEA) said that it“is pleased to announce a placing… at an important time for the company’s development strategy”…
- By HotStockRockets |
- 2 March 2019, 08:12 |
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Tom Winnifrith Bearcast: Neil Woodford fools the morons on the deadwood press (again) and Malcolm's worst article yet
I am losing my voice and have had to postpone my training walk today. Tomorrow, come what may, I will do 15 miles. Think of an old and sick man, listen to my croaky voice and sponsor a rogue blogger for Woodlarks HERE. In today's podcast I look at how Neil Woodford has legged over the deadwood press yet again, at why i remain bearish on equities and at Malcolm's worst ever article, pure cobblers on Brexit and shares.
- By Tom Winnifrith |
- 2 March 2019, 08:02 |
Podcast: big moves (up) are coming for gold and silver
Analyst David Hunter notes that Gold and silver peaked in 2011, since then we’ve been in a long consolidation period. He is very bullish on gold, and he is calling for $1550 for gold and Silver to $26 by mid-year. The dollar is likely to roll-over soon, and he expects the US dollar index to decline to around 86.
- By Tom Winnifrith |
- 2 March 2019, 02:43 |
San Leon Energy – following "great news" tender offer, operational progress also continues
San Leon Energy (SLE) “is pleased to announce that the Akaso-15 well (known as OSMU-1 prior to completion) has been drilled and completed, and connection of the well to the pipeline system is anticipated by Eroton to finish this week. The well is expected to be brought onto production during the first half of March”…
- By HotStockRockets |
- 2 March 2019, 02:31 |
Table of shorted AIM shares - week to 01/03/2019
From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2018 and thus far in 2019 (by net short position %, those in bold not on the list at the start of 2019) – and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...
- By Steve Moore |
- 2 March 2019, 02:22 |
Less than a Month to Go to Brexit, But There's No Permission to Panic, Captain Mainwaring.
Hello, Share Carriers. You may be fed up with hearing about Brexit, but its effect on your shares cannot be easily dismissed. There’s no doubt that the possibility of a no-deal has attacked British share prices for the last few months. Now that possibility is seen to be receding, share prices have broken back through the 7,000 Footsie mark and are now easing ahead again. Though there’s still a long way to go to the fairly recent record of 7,800-ish.
- By Malcolm Stacey |
- 2 March 2019, 02:15 |
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Tom Winnifrith Bearcast: Susan Searle of WPCT J'accuse & Great Scott: Revolution Bars is enough to turn a man to drink
I suggest listening to my Neil Woodford scandal bonus bearcast first HERE but I have another bone to pick with Susan Searle, the chairman of Woodford Patient Capital Trust (WPCT) on how she has screwed investirs today. Then I look nat Red Emperor (RMP), 88 Energy (88E), Pantheon Resources (PANR) and at Cabot Energy (CAB). Finally a look at the latest woes at Revolution Bars (RBG) - you really would have thought that Britain's thirstiest share blogger would have nailed this as his specialist subject but it appears not. If you enjoyed this podcast please support the EIGHT rogue bloggers for Woodlarks with a small donation HERE
- By Tom Winnifrith |
- 1 March 2019, 09:01 |
LightwaveRF – discounted fundraising “to continue to scale the business… and provide working capital”. Really?!
“LightwaveRF (AIM: LWRF), the leading smart homes solutions provider, is pleased to announce that… it has successfully raised gross proceeds of £2.50 million through a placing of, and a subscription for, an aggregate of 29,411,780 new ordinary shares at a price of 8.5 pence per share”. Hmmm…
- By Steve Moore |
- 1 March 2019, 08:59 |
Pantheon Resources – Winx Stinks
Oh dear, oh dear… the much hyped Winx well in Alaska is not working out so well for Pantheon Resources (PANR) and operator 88 Energy (88E)
- By Tom Winnifrith |
- 1 March 2019, 06:08 |
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Neil Woodford keeps the FCA plates spinning a little longer
It is almost possible to feel sorry for Neil Woodford. Al three of his funds are overdrawn, performance has been dire and those nasty people at ShareProphets keep on poking fun at Britain’s most successful fund manager. And to cap it all it looks as though the FCA has been on his back too. And today dear old Neil has started a big swap of unquoted Woodford Dog paper for…..er….Woodford Dog paper in the form of WPCT.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 1 March 2019, 06:07 |
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Revolution Bars – interims, still short of expectations in every conceivable weather environment?
Revolution Bars (RBG) has announced results for its half-year ended 29th December 2018, including revenue up over 6% to £78.5 million and that one of its brands, “Revolution has been reviewed, the issues identified, and workstreams are being implemented to restore it to growth. Our confidence in achieving this is underpinned by the good performance of the new Revolution venues, while the recently refurbished sites are also seeing uplifts”. The shares have responded currently to 66p... approaching 17% down on the day…
- By Steve Moore |
- 1 March 2019, 06:00 |