premium content
GB Group – “half-year trading update”, how ‘pleasing’ is the performance and how “strong” is the financial position?…
Previously writing on digital location, identity verification and fraud software group GB (GBG), in April with the shares up to above 300p I concluded that its growth/valuation position certainly still meant I continued to avoid. What now of its half-year trading update and the shares currently up by approaching 5% in response, but still below 228p?
- By Steve Moore |
- 19 October 2023, 16:10 |
premium content
Tom Winnifrith Bearcast: Oi PL don't be such a sexist beast about my chum Isabel! Shame on You!
In today's Bearcast I discuss Upland Resources (UPL) Red Rock Resources (RRR). Tiraputi Graphite (TGR), Victoria (VCP), Celadon (CEL) and the shutting of the M&G Property Portfolio Fund.- By Tom Winnifrith |
- 19 October 2023, 14:55 |
premium content
MediaZest – “Pleased To Provide” Trading Update: Pleased With What???
AIM-listed MediaZest (MDZ) was pleased to provide a trading update this morning, following which the shares surged…..and then dropped. So what is all the fuss about from this last-reported (interims to March 23) technically insolvent outfit?- By Nigel Somerville |
- 19 October 2023, 14:01 |
premium content
Saietta argues since listing “in 28 months… has transformed” – financially now for the much worse!…
Saietta Group (SED) has announced full-year results commencing that “since floating on the London Stock Exchange in July 2021, in 28 months Saietta has transformed from being just an axial flux technology R&D company into a designer of a range of complete eDrive solutions for vehicle manufacturers, secured a major global OEM as its launch customer for a range of their vehicle lines, established leading manufacturing facilities in both Sunderland and Delhi and appointed high quality local supply chains”. That sounds good, but a share price down from 120p on the listing to previously 38p and now 25p suggests there is also a different story.- By Steve Moore |
- 19 October 2023, 13:31 |
premium content
Celadon statement needed ASAP as shares continue to tank: still a £60m short
I really do hope that in penning this piece I am not going to interrupt another feminazi lunch being attended by Celadon Pharmaceuticals (CEL) PR head honcho Ms. Sarah McLeod. For I fear that Ms McLeod needs to stop discussing the gender pay gap and ensure her client – a company I have oft warned is drowning in red flags – to issue a statement as its share price continues to tumble. Here's why?- By Tom Winnifrith |
- 19 October 2023, 13:17 |
premium content
BREAKING: Victoria plc: 10 questions for the auditors
An outfit called Brevarthan Research has today posted 10 Questions for Grant Thornton or any successor auditor to Victoria (VCP).Anyone owning shares in this carpets rollout has been warned by myself and Lucian Miers often enough. But now holding on is sheer financial mascochism. Brevarathan writes:- By Tom Winnifrith |
- 19 October 2023, 12:14 |
premium content
Tirupati – the killer words buried deep down in today’s statement
Today’s trading statement from Tirupati Graphite (TGR), a company that has seen two NEDS quit in the past three months, seems upbeat. Paid penny share promoters Alliance News headlines its regurgitation “Tirupati Graphite says interim performance "significantly ahead"”. So why are the shares puking? Could it be that Alliance News has hired the BBC’s Israel team for some bent news coverage?- By Tom Winnifrith |
- 19 October 2023, 11:45 |
premium content
Get the violins out: it's another poor statement from Gear4Music
Sorry Malcolm but your baby has puked again with its trading update or the six months to 30 September. In an era when inflation has been running at 6-8%, sales fell by 6%. And remember that Gear4Music (G4M) is meant to be a growth stock! If it is, I am a banana.- By Tom Winnifrith |
- 19 October 2023, 11:08 |
premium content
Busy Thursday – I still love Mondi, Deliveroo is such a (personal) avoid, and is Rentokil finally getting interesting?
There is lots happening in the global markets. As an investor you just have to get used to it and, despite all the geopolitical, macro, earnings season and more insights, what matters more is always how you react rather than how many new headlines you can look at or listen to. I am a fan of the packing and paper FTSE 100 company Mondi (MNDI).- By Chris Bailey |
- 19 October 2023, 10:30 |
premium content
Message from Evil Banksta on a 5 Star holiday break – why Upland is a joke valuation
Evil Banksta described at ShareStock how he takes Mrs Banksta on numerous luxury holidays funded by his winnings from shorting and then spends all day in front of a PC plotting his next swoop on some overvalued promote. And as such ,from a five star hotel somewhere hot and warm, I have received this message about Upland Resources (UPL) where the Banksta is short. I have no skin in the game but the great bear says:- By Tom Winnifrith |
- 19 October 2023, 08:34 |
premium content
Castings – half-year trading update, a “high level of demand” Buy
Iron casting and machining company Castings plc (CGS) has announced that its schedules continue to reflect strong heavy trucks demand (approximately 75% of revenue) and plans to further capitalise on this in both the short and long term.- By Tom Winnifrith & Steve Moore |
- 18 October 2023, 16:48 |
premium content
Tom Winnifrith Bearcast: Bidstack is out of the frying pan and into the fire
In today's Bearcast I discuss depression amid trolling & smearing of me and amid BBC lies on Gaza, Regtech Open (RTOP), Supply@ME Capital (FRAUD), Sosandar (SOS), Online Blockchain (OBC), St James Place (SJP), Abingdon Healthcare (ABDX) and Bidstack (BIDS).- By Tom Winnifrith |
- 18 October 2023, 16:40 |
premium content
Sosandar – states “pleased to provide” a trading and expansion update. Er, what about the major profit warning?!
Previously writing on women's fashion brand company Sosandar (SOS), I concluded I still hold some shares here but will be monitoring both the sales and cash flow performances closely in upcoming updates and could understand Nigel Somerville’s caution from the trading update on the company’s then just-ended financial year. Today a “Trading & Strategic Update”-titled announcement from the company and what of the shares currently down more than 30% towards 12p in response?
- By Steve Moore |
- 18 October 2023, 16:30 |
premium content
ActiveOps – “pleased to report” trading update, it’s easy to see why management may be “pleased” but what about external shareholders?
Technology-based insights for service operations business ActiveOps (AOM) has issued a trading update commencing that it “is pleased to report continued growth in the first half of FY24, with the group well-placed to achieve both its revenue and EBITDA expectations for the full year”. What does that though financially mean and what of a share price currently 2.5% higher at 82p in response?- By Steve Moore |
- 18 October 2023, 14:43 |
premium content
Not engaging with idiots on twitter, many of whom seem to own Avacta & that old nonce smear
My best friend from Oxford, the charming Elaine, worries that, despite my degree, some folks might start thinking that I am a bit of a pseudo intellectual for pointing out that attacking an article you have not actually read is a sign of innate stupidity. But it is and on twitter it seems to happen about 20 times a day. Yesterday one star tweeter was a shareholder in Canadian Overseas Petroleum (COPL)- By Tom Winnifrith |
- 18 October 2023, 14:15 |
premium content
Iconic Labs – more industrial scale dilution
Since I last wrote about Iconic (ICON) it has undertaken a 10,000 for 1 share consolidation reducing its 46,996,580,000 shares into 4,699,658 ordinary shares of 10 pence nominal each on 25 August. But then…- By Tom Winnifrith |
- 18 October 2023, 12:40 |
premium content
The world of the housing market, dividend yields and Barratt Developments AGM update today
As I am inherently unsociable, I have no idea why the guy up the road has spent a year failing to sell his house. The opening price gambit was ludicrously high but about six months ago pricing reality kicked in. I would be surprised if there was not at least one half-sensible offer over the summer, but mid-October is rarely a good time to be selling a house in a now-shabby housing market. Start again in spring 2024 would be my view…but what do I know?! Maybe the team at Barratt Developments (BDEV) can give us an experienced opinion?- By Chris Bailey |
- 18 October 2023, 11:57 |
premium content
Marshalls – trading ‘in line with expectations’…but how much of an achievement is that?…
Landscape, building and roofing products manufacturer and distributor Marshalls (MSLH) has issued a trading statement including that “trading in the third quarter was in-line with the board's expectations… remains confident of achieving a result that is in-line with its expectations for 2023… the group's balance sheet remains robust”. What of that and a share price currently up by more than 5% in response to above 208p?- By Steve Moore |
- 18 October 2023, 11:57 |
premium content
EXPOSE: Supply@ME Capital, Regtech and Eight Capital - reliant on a technically insolvent company making promises it can’t keep
In part 1 of my article on this trio of sham companies which are all technically insolvent, I looked at the dependency of Supply@ME Capital (SYME), Regtech Open (RTOP) and Eight Capital Partners (ECP)on the financial strength of privately owned The Avantgarde Group (TAG).- By Tom Winnifrith |
- 18 October 2023, 08:34 |
Carry on Admiral, you're Doing Fine and it could Be Worth Buying your Shares
Hello Share Sippers. This old punter was sent a car insurance renewal that’s 50% up on last year. Ouch! Of course, I delved into a comparison site and got it a lot cheaper somewhere else. But it’s a sign that motor insurance is much costlier than it was. I was told that one reason is the increasing cost of repairs, especially paint. But I also wonder if it’s because insurance companies are after more profit. That would make the insurance game more attractive to investors.- By Malcolm Stacey |
- 18 October 2023, 08:15 |