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Latest News

Gold

Podcast: Commodities and gold Set to Move Much Higher

Veteran find manager David Brady believes gold will bottom and rally once the Fed reverses policies. Until now all we have seen is a verbal reversal, the Fed has not yet switched gears.

CPX

CAP-XX – interims, cash “to increase product sales and to complete additional licence agreements” hey?

Its latest results statement commences “CAP-XX (CPX)… a world leader in the design and manufacture of thin, flat supercapacitors and energy management systems, is pleased to announce its interim results for the half-year ended 31 December 2018”. The shares have though responded currently more than 7% lower, to around 7p…

SMDS
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DS Smith – the future is (not) plastic

I loved up 'the leading provider of corrugated packaging' DS Smith (SMDS) here in early December, observing that it was "boxing up an interesting opportunity for investors looking out over the next year. I would buy anticipating the share having a '4' in front of it at some point in 2019 as a minimum". Today's update is notable for two reasons. The first is that trading is going well. The second is that it has de-risked the balance sheet following the sale of its Plastics division…

SWL

Swallowfield – interims, ‘believes full-year will be broadly in line’. Hmmm...

Swallowfield (SWL) has announced interim results including that “we... believe results will be broadly in line with market expectations for the full year demonstrating profitable growth”“Broadly in line” usually is slightly behind but with still “profitable growth” is an 11.5% share price dump, to 172.5p, justified?...

AHT

As Expected, the Big Tool Firm Posts Chipper Results, but the Shares Still Seem Chirpy Cheap Cheap

Hello, Share Climbers. I said I may go back to Ashtead (AHT), the tool and building plant hire company - and latest numbers yesterday look good to me. However, we all know it’s quite rare for a company’s share price to rise on reporting its latest results - and as I write the shares are down 2.5%. So let’s take a look at the results and see if we now have a buying opportunity, enhanced by the day’s drop in share price...

Professor

A sobering statistic from the City's No 1 oil analyst

You know how Chris Oil and others blather on about how oil wells have a 50% or 25% COS? Well here is a note from the City's No 1 oil analyst Zac Phillips of SP Angel covering the Winx well in Alaska which puts this into context. Enjoy.

Bearcast
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Tom Winnifrith Bearcast - Mirriad needs to fess up, Debenhams does not discount what lies ahead

I cover WH Ireland (WHI) and the crisis engulfing the small cap world in a serperate bearcast HERE but touch on its downfall in the main bearcast. I look at Mirriad (MIRI) which needs to fess up as to how much cash has not yet been spunked, Rose Petroleum (ROSE) and insolvent Cabot (CAB) and the panic sells created by the demise of City Financial Investments, the bid for Independent Oil & Gas (IOG) and at Debenhams (DEB) where the worst is yet to come. If you enjoyed this bearcast, follow Jim Mellon and support the Rogue Bloggers for Woodlarks HERE. 

TSLA
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A Turbulent Week at Tesla - sell before it’s too late

I speculated previously about what might be the catalyst for the great Tesla (NASDAQ - TSLA) unravel and since then I believe we may have seen it...

Bearcast
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Tom Winnifrith Bonus Bearcast: WH Ireland is a shit-show (as predicted) but this is an industry in crisis

In this bonus bearcast I comment on today's lack of profits warning from WH Ireland (WHI) and the bailout placing now underway which I had predicted. I look at WH Ireland and its woes but it is symptomatic of an industry in crisis. FinnCrap (FCAP) must warn sooner or later and most of the rest of the Nomad/brokers already have. What is needed is massive wage cuts across the board. Thankfully for supliers of coke and hookers, that will not happen which means a structural and cyclical crisis will claim more casualties soon. If you enjoyed this slating of the City's broken business model why not support the Rogue Bloggers for Woodlarks HERE.

IRV
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Interserve – I’m still steering well clear

Last night Coltrane Asset Management, the biggest shareholder of fully-listed Interserve (IRV) came back with a revised rescue offer in reply to the revised debt-for-equity offer already on the table as the battle between Interserve’s lenders and shareholders intensified further. Coltrane says its deal is better but Interserve says the D4E on the table is the only deal or bust. Should I change my mind that Interserve is a sell?

TRAK
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ShareSoc bang on the money about wholly unacceptable boardroom greed at TrakM8

Unlike the Thirsty one, theUK's top share blogger, who repeatedly encouraged his readers to fill their boots with TrakM8 (TRAK) ,I warned you repeatedly here of its aggressive accounting, its lack of cash generation, its nonsensical acquisitions, its RNS lies and that this was an all round dog. Today, it adds to its crimes against investors with an  example of quite egregious boardroom greed. Mark Bentley of Sharesoc shares my anger and writes:

FUM

ShareProphets readers tips for 2019 competition – end February update

Having asked for readers tips for 2019 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is a monthly update on performance (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2019)...

JAY
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BlueJay Mining – between a rock and a hard stone

There is extensive coverage on Blue Jay Mining HERE already and so I won’t go into the extensive issues of misleading offtake announcements, large stake holder sales, non delivery on many company time lines and shameless ramping by Old Mother Walters, John Meyer of disgraced SP Angel and others.

Newsboy
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Bricks and clicks...progress at Ibstock and GVC

We will get onto the latest from one of my stock of the year tips in a couple of paragraphs time, but first the brick company Ibstock (IBST) which I loved up just under one hundred days ago HERE. As I noted back then, this is a sensible company which is not only benefitting from an inherent undersupply of domestic bricks but also by both investing in and focusing on just the UK market having sold for a decent sum its US brick/tile business. Today's numbers are a bit messy due to these investments and the disposal but the trends are still pointing in the right direction…

AHT

All Eyes Are on this Tool Hire Giant's Latest Numbers in America

Hello, Share Twizzlers. My old friend Ashtead (AHT), the tool and plant hire company, is back on track again. So, after a three-year absence during which the share soared and plummeted, I may crawl back on board again...

Angel

Sure Ventures Investor Conference on VR, AI and IOT

This conference  on Tuesday March 5 will highlight ways to invest in Artificial Intelligence (AI), the Internet of Things (IoT) and Augmented and Virtual Reality (AR/VR) software companies; either directly, through private equity or listed venture capital vehicles.

Bearcast
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Tom Winnifrith Bearcast: I'm a professional cynic but my heart's not in it, for today at least

In today's podcast I look at Rightmove (RMV), Cluff Natural Resources (CLNR), Red Emperor (RMP), Pantheon Resources (PANR), 88 Energy (88E) and Gear4Music (G4M). Now I want you to consider Jim Mellon. I am not always that kind to him but he has today pledged a material sum to sponsor the Rogue Bloggers walk for Woodlarks for which I thank him greatly. If Jim can do that so can you, I am sure all listeners can spare a tenner (or more) so please donate HERE

NSCI

NetScientific – de-listing GM adjourned indefinitely as would be defeated, where now for this Woodford dog?

Previously writing on NetScientific (NSCI) it was “Conclusion of Strategic Review” does indeed look more Neil Woodford disaster vicar – including that “the board has concluded that it is in the best interests of the company and its shareholders as a whole to cancel the admission of the ordinary shares to trading on AIM, re-register the company as a private limited company”. There’s now been updates on the General Meeting…

BOX
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Boxhill – Lord Razzall takes a lesson in using an Adam Reynold’s keyboard

At the end of January we were told that Lord Razzall was to ride off into the sunset in July and was stepping down from the executive part of Executive Chairman of AIM-listed POS Boxhill Technologies (BOX). Well, it seems that he has used the extra time well and learned how to use an Adam Reynolds (who has absolutely nothing to do with this nonsense of a plc) keyboard - you know, the one with no numbers on it!

DCTA

Directa Plus – “honoured” & “excited” by contract win. But…

Directa Plus (DCTA) is “honoured to be working with Loro Piana to incorporate Directa Plus's innovative G+ Graphene technology into some of their fabrics and garments” – and the shares have responded higher, back above 60p…

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Oracle Power: Cynical Foul

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