premium content
Tom Winnifrith Bonus Bearcast: from a failed fund manager to a failing one (Neil Woodford) - about those %s and the FCA
In this bonus bearcast I discuss breaches, intentional and otherwise and all the sorts pf percentages that the FCA will be demanding Neil Woodford provide on, I suspect, a now daily basis as his funds continue to implode. I play our various scenarios but none look good for Neil. If you enjoyed this bearcast, follow Jim Mellon and support the Rogue Bloggers for Woodlarks HERE.
- By Tom Winnifrith |
- 8 March 2019, 06:48 |
Brave Bison – update as shares a further 6.5% higher on RNS Reach announcement!
Brave Bison (BBSN) is “delighted” with a deal with The PGA Tour to “include YouTube channel management, digital rights management, and content strategy development”… and the shares have currently responded a further 6.5% higher, to 3.3p…
- By Steve Moore |
- 8 March 2019, 05:52 |
premium content
Tom Winnifrith Bearcast: happy International Women's Day with Myra Hindley
I trust that you are celebrating this day in a culturaly appropriate manner. I merely commend to you the tweet of the activist Titania McGrath and also commend to you her book "Woke" which out yesterday. I have given copies to the Mrs and daughter Olaf to celebrate IWD with them. I also look at Own Goals Soccer Centres (GOAL), idiot knobs and Big Sofa (BST), Andalas (ADL) and Flybe (FLYB). If you enjoyed this bearcast, follow Jim Mellon and support the Rogue Bloggers for Woodlarks HERE.
- By Tom Winnifrith |
- 8 March 2019, 05:21 |
Video: Lynn Rees of Yourgene - my Q1 2019 nap pick
Okay he is Welsh, but there is no doubt in my mind that the new boss of Yourgene (YGEN), Lynn Rees is a class act. He recorded an interview with Proactive Investors yesterday which I viewed as very encouraging. I am expecting another very upbeat trading statement within weeks to confirm that the debt free company is now profitable and with big operational gearing and surging sales, should become very profitable really very quickly indeed. And that should driv e a material re-rate fior the shares which are now 10.75p - 11.25p, My target remains 20p and this was my Q1 nap pick and I'd expect by April the shares to be a lot closer to that target than to where they are now. Judge for yourself.
- By Tom Winnifrith |
- 8 March 2019, 04:21 |
premium content
Goals Soccer Centres – now a hat-trick of own goals; accounting error warning, results delay & banking covenant breach!
Previously writing on Goals Soccer Centres (GOAL) in January it was own goal as goes from “optimistic” to profit warning in 4 months – with I concluding, despite the shares then heading down towards 60p and the company arguing “it is anticipated that during 2019, considerable headroom will be generated”, that “anticipated” can be very different to reality – and particularly with also the “current economic and political uncertainty”. Sell / avoid. Now a “Trading update and change of reporting date”. Uh oh…
- By Steve Moore |
- 8 March 2019, 04:20 |
premium content
Big Sofa, Results, placing, tip of the year looking very good indeed: BUY ( I have)
Cynical Bear is yet to comment ”told y’all” but being a drearily predictable fellow, it cannot be long now. Big Sofa (BST) has had another placing. But this one is different. I was made an insider on Wednesday and opted to take part and expect my 4p investment to double in pretty short order and to be well ahead of that by Christmas.
- By Tom Winnifrith |
- 8 March 2019, 01:46 |
Like the Bubbles in its Glasses, Shares in this Drinks Jumbo Keep on Rising
Hello, Share Trimmers. With Brexit arrangements no further forward, it’s harder to justify any big buys of companies which focus on sales or imports from Europe. So we need to look at the really global sellers if we want to feel a bit safer in our beds. So I turn again to my old favourite Diageo (DGE)...
- By Malcolm Stacey |
- 8 March 2019, 01:17 |
Red Rock Resources – “stepped up the pace in Congo”, Buy to almost double
A “Cobalt/Copper Joint Venture - Congo” announcement from Red Rock Resources (RRR) – with Chairman Andrew Bell stating “with the elections there having passed peacefully, we have again stepped up the pace in Congo and put in place the final documents allowing us to pursue the JV project”…
- By HotStockRockets |
- 7 March 2019, 08:30 |
premium content
Tom Winnifrith Bearcast: Neil Woodford's spivvery and what about Sosandar?
In today's bearcast I discuss Neil Woodford's spivvery regarding Provident Financial (PFG), have a smoking rumour on Argo Blockchain (ARB) - which we own - comment on I3 Energy (I3E) as it dissembles and look at Quiz (QUIZ) and Sosandar (SOS) as well as Metals Exploration (MTL). If you enjoyed this bearcast, follow Jim Mellon and support the Rogue Bloggers for Woodlarks HERE.
- By Tom Winnifrith |
- 7 March 2019, 08:07 |
United Carpets – “confident that the fundamentals of the business remain sound”. Hmmm…
Writing on “the third largest chain of specialist retail carpet and floor covering stores in the UK”, United Carpets (UCG) in September I noted that it attempts to mitigate that it “believes the business is well positioned for future trading” but asked half-year results including a formal profit warning ahoy?. Those December-announced results though included “recent trading performance has shown some more encouraging signs which, if sustained, should result in a better second half result and a reasonable outcome for the year”. Today a “Trading Statement”…
- By Steve Moore |
- 7 March 2019, 07:38 |
premium content
Woodford dumping Provident Financial – by choice or under FCA instruction?
Amid all the hoo-haa over Neil Woodford’s transfer of unlisted dogs from his equity income fund (EIF) in return for Woodford Patient Capital Trust (WPCT) paper, it seems he has been again pressing the sell button. Of particular interest is the sale of 1.5 million shares in Provident Financial (PFG), shares over which only a few days earlier he had offered a letter of intent to accept the all-paper offer from Non-Standard Finance (NSF). What a spiv!!...
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 7 March 2019, 05:17 |
premium content
Quiz plc – having IPO’d on AIM less than 20 months ago... not again surely!…
Previously writing on fashion retail company Quiz plc (QUIZ) in January it was Christmas revenue +8.4%... so why an approaching 30% share price decline?, that towards 25p – though I concluded that with “continued uncertainty with regards to consumer demand and associated spend”, I’d want more cash flow comfort so it was only on the watchlist. The shares had recovered to above 32p – before today a “Trading Update”…
- By Steve Moore |
- 7 March 2019, 04:49 |
premium content
Bravely on your behalf I grapple with Aviva
Akin to the complete geek I am, I had an answer when recently asked the question which sector was the most difficult to analytically appraise. Forget technology or even biotechnology, my pick would be insurance because unlike the other two areas - which overtly often require specific knowledge - it can sucker you into thinking you have it cracked only to bite you where it hurts in ways and means you barely understand. So onto Aviva (AV.) whose full year numbers came out earlier today – and which has been in the news over recent months for being naughty boys by trying to undertake a compulsory purchase of some of its expensive preference shares…
- By Chris Bailey |
- 7 March 2019, 02:30 |
premium content
2000 Morons who want more fraud on AIM ask parliament to ban shorting
Over on the LSE Asylum they are getting terribly excited about a Parliamentary Petition to ban shorting AIM stocks. If they can just find another 98,000 morons to sign (I’d start with the Frontera (FRR), Quindell (QPP) and Cloudtag (CTAG) shareholder lists) then this idea will be debated. Fraudsters must be praying they do...
- By Tom Winnifrith, The Sheriff of AIM |
- 7 March 2019, 01:38 |
premium content
SDX Energy should perform well in 2019 and beyond - buy
SDX Energy (SDX) seems to be one of those AIM natural resources companies that has largely been forgotten about by private investors, but it has an awful lot going on over the coming 12 months, and beyond, and if even some of what it has scheduled goes to plan, then I would expect the shares to trade a lot higher...
- By Gary Newman |
- 7 March 2019, 01:32 |
premium content
Tom Winnifrith is an irrelevant dinosaur says cheapskate "guru" on Twitter
I may well be a dinosaur and am prepared to accept my irrelevancy but @Air_Chief is a cheapskate poltroon as you can see below.
- By Tom Winnifrith |
- 7 March 2019, 01:26 |
Firms Hunting More Oil Rely on Hunting PLC and that Could be Reflected in a Rising Share Price
Hello Share Pushers. With the price of oil once more rising, if only slowly, investors will be happier to own oil shares. But it might be more prudent to take advantage of the demand for the black stuff by buying into firms which are not actual producers, but instead the companies which supply oilers...
- By Malcolm Stacey |
- 7 March 2019, 01:16 |
Fox Marble – production resumption with additional equipment and a new customer. All positive…
Fox Marble (FOX) “is pleased to announce the resumption of production after the usual winter shut down in our Prilep quarry in Northern Macedonia” – and with the deployment of additional equipment and a new customer…
- By Tom Winnifrith & Steve Moore |
- 6 March 2019, 09:32 |
February performance update: start of 2019 shorted AIM shares
Early this year we showed the Shorted AIM shares at the start of 2019. How's the performance following February? (those in bold remain from 2018)...
- By Steve Moore |
- 6 March 2019, 09:32 |
Autins – “pleased to announce” results & “confident 2019 will deliver positive results”. Really?
Previously writing on automotive sector acoustic and thermal insulation group Autins (AUTG) in October, it was with the shares falling further from the mid 30p’s; “many opportunities to grow and diversify” - why the ‘cost base steps’ then?. The shares are currently again lower to 20p on the back of “pleased to announce” full-year results. Hmmm…
- By Steve Moore |
- 6 March 2019, 07:30 |