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Latest News

Gold

Podcast; Explosive upside for gold and silver

Entrepreneur Lior Gantz claims that the outlook for Gold and Silver is improving dramatically. His thesis is that recent market action has resulted in a rebound. In September mining stocks hit 52-week lows, and the regular markets are now entering bear market territory. Inflation is on the rise and many states are hiking their minimum wage. Recent US Dollar strength is actually a bearish sign.

OBT

Obtala – reorganisation and fundraising, the potential to be transformational

“Group Reorganisation and Fundraising” announcement from Obtala (OBT), including Chairman Miles Pelham stating “we believe these developments have the potential to be transformational for Obtala”

IRV
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Flybe put out of its misery for 1p. Next up for near wi;peout is Interserve

As I have pointed out before, when a company’s management tells you that it is bust it pays to believe them. Last month I recommended shorting Flybe (FLYB) at 15p on the basis that although the statement in November, putting itself up for sale, had not used the word “worthless” to describe its equity, it was clear that any bid for the debt-laden company was not going to leave anything more than a token amount for shareholders.

Collapsing-Reactor
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Housebuilders: don't get suckered in here

Goodness it has been a busy last few business days and my write ups on last week's trading update fest including an observation on Taylor Wimpey (TW.) that 'the outlook statement was chockablock full of government assistance programme nods and thumbs up. Avoid as a sector. Sorry all you value investors'.

Professor

Sunday Long Reads: Egg Thief, Blind Spot, Failure to Launch, Art Heist, Poland's transformation

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.

AAU

Ariana – will production report see a lift to the share price? I hope so!

Judging by the form of my buy tip for 2019 AIM-listed Ariana Resources over the past nine months, we should see the latest production numbers from its Kiziltetepe joint venture gold plant in Turkey this week. Numbers for the first three quarters have already blown the company’s annual production forecast of 20,000 oz of gold out of the water, having reached almost that figure in nine months. Meanwhile shares in Ariana have had a good run of late, moving up from a low point of almost 1.1p in October to the current 1.575p, putting the company on a market capitalisation of £16.7 million.

Newsboy

Notes from Underground: reminiscing about 80s high streets that I have never seen

When I look at the high streets today, I don't see a significant difference from high streets in Canada or the United States, aside from shop names and even those are tending to be global now.

EQT
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EQTEC will run out of cash soon and a discounted placing looks a cert

EQTEC (EQT) has long been a favourite of the pump and dump crews operating at the lower end of AIM, so when the share price suddenly doubles in the space of just a few weeks, and there is seemingly no good reason for the rise, then it is hard not to be suspicious.

Boom
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Winnileaks strikes again - Julie "sex toy on expenses" Meyer MBE and her vast debts to Barclays

The letter below from Barclays Bank to Julie "lingerie on expenses" Meyer is self explanatory. But it begs an enormous question of the woman who also put the cost of a sex toy and batteries on her expenses from the now defunct Ariadne Capital.

Collapsing-Reactor

UK Retail Trading Updates: Bargains to be had in the New Year Sales?

A string of profit warnings – and Sports Direct International (SPD) chief executive Mike Ashley’s warning that the UK high street risked being ‘smashed’ over the Christmas period after the ‘worst November on record’ – set the tone for investor expectations over the festive period. Was all the pessimism justified? In this week’s article, we take a look at a selection of recent trading updates by high-street retailers and supermarkets, and review broker and tipster outlook in each case.

IOG
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Another look at more red flags at the ponzi underpinning Independent Oil & Gas

AIM Casino listed Independent Oil & Gas (IOG) is dependent on financing from London Oil & Gas which in turn is dependent on financing ( repayable on demand) from a ponzi called London & Capital Finance now the subject of a full FCA raid and lockdown. We have covered this extensively already but there is more...

OPTI

Optibiotix – another day another deal: many more to come (soon!)

The latest deal from Optibiotix (OPTI) is a three year distribution agreement with a company called SilvEXPO Ltd to distribute and commercialise OptiBiotix's own label CholBiome products containing its cholesterol and blood pressure reducing LPLDL strain in Russia and Kazakhstan...

JSG

Table of shorted AIM shares - week to 11/01/2019

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 %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...

CERP

Columbus Energy Resources – extreme weather and oil price hits, but looks good potential from here…

Columbus Energy Resources (CERP) “is pleased to provide an update on business, operational and financial activities during Q4 2018”. However, this includes “gross revenues of US$3.23 million achieved (Q3 2018: US$3.85 million) - reduction due to lower average production and lower oil price achieved over the quarter”. Hmmm…

EU_flag

Brexit Fears? The Market Bites Back and the Market is Usually Right.

Hello, Share Scroungers. There’s increasing evidence that the moggy we picked up at the local cat rescue service is of the rare and valuable Norwegian Forest breed. Should I sell him to burnish the fallen value of my shares? Of course not. And to worry about share prices is probably a useless concern, anyway. Because I continue in my view that share values will soon bounce back.

AO

AO World – trading update, does “revenue up by 8.2%” really justify a £600m+ market cap here?

Having questioned on November half-year results from online electrical retailer AO World (AO.), can the high growth company rating really be justified?, today a “Trading Update”

Wray

Why is Nigel Wray, Britain's Buffett, invested in this stock?

Over almost fifty years Nigel Wray's record of making money from value investing is almost unmatched on this side of the Pond. That is why he is referrred to as Britain's Buffett. So what makes him back a stock? How can you invest like Britain's Buffett

Bearcast
premium content

Tom Winnifrith Bearcast - a hot tip from Brokerman Dan

In this podcast I thinkI agree with Dan's tip. I then look at Independent Oil & Gas in light of Jim Armitage's article in the Evening Standard which takes this scandal forward some more. I cover ramp dog Chesterfield (CHF), Marks & Spencer (MKS), Gear4Music (G4M), Halfords (HFD), Starcom (STAR), UK Oil & Gas (UKOG), Angus Energy (ANGS) and the zero scenario, and Carclo (CAR). Tomorrow I may have better things to do than a bearcast as is the case every January 12. Or maybe not!

QUIZ

Quiz plc – Christmas revenue +8.4%... so why an approaching 30% share price decline?

“Christmas Trading Update” from fashion retailer Quiz plc (QUIZ) states revenue “increased by 8.4% in the six-week period from 25 November 2018 to 5 January 2019 against the comparable period last year”, with “the group's UK standalone stores and concessions revenue increased by 1.6%”. The shares have responded, er… approaching 30% lower, towards 25p!...

FLYB
premium content

Flybe shares collapse – takeover at just 1p per share by Virgin & Stobart: you were warned

Oh dear, Oh dear. Is that the smell of burned Bulletin Board Moron fingers I detect? Flybe (FLYB) shares were 16p last night. This morning it has announced an agreed takeover from Virgin and Stobart (STOB) at just 1p per share. And that is generous. Lucian Miers and I did warn you.

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Oracle Power: Cynical Foul

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