Tungsten – half-year results,will it go bust & if so how soon?
Business transaction network company Tungsten (TUNG) has announced results for its half-year ended 31st October 2018, including CEO Richard Hurwitz emphasising “we have achieved much in the first half of the financial year to support future revenue growth, including the new customers that we have signed, securing our Italian SdI registration and our partnership with Mastercard”. So why do the shares remain depressed around 32p?...
- By Steve Moore |
- 13 December 2018, 07:31 |
Bacanora Lithium at 26p worth 115p - VSA initiates coverage...whatever
VSA Resources is house broker to Bacanora (BCN) but has visited its operations and come back initiating its coverage with a detailed report, below.
- By Tom Winnifrith |
- 13 December 2018, 04:09 |
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Tom Winnifrith Bearcast: You are going to Hell and your "blog" is toxic say two of my critics
I deal with the critics in turn. The former, a Christian, has me wrong, the latter, a knobhead, is an apologist for enablers of crime. I then look in detail at Purplebricks (PURP) and is inevitable descent to zero, and at the implications of the sad tale of African Battery Metals (ABM). Then it is onto Bonmarche (BON) blaming Brexit for its woes not the crass stupidity of the bird who runs this business of the wider macro picture which she fails to recognise could sink her business completely. I also comment on BCA Marketplace (BCA) and on the pre-Christmas plans of Joshua and myself for today, far more important than this stockmarket malarky.
- By Tom Winnifrith |
- 13 December 2018, 03:07 |
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Bonmarche – “extremely poor” sales, though argues “confident in the strategy” & “well prepared to weather the storm”. Really?
A “Trading Update” from womenswear retailer Bonmarche notes its “forecast assumed that demand would broadly follow the pattern experienced last year when, during the earlier part of November, customers delayed purchases in anticipation of being able to take advantage of Black Friday discounts. However,”... Uh oh…
- By Steve Moore |
- 13 December 2018, 03:05 |
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PZ Cussons - time for a research trip...to Nigeria?
I imagine many readers are thinking about holidays at the moment, be it planned Christmas breaks or something in 2019. I see that TUI (TUI) shares are up 5% today as the company not only confirms a 10% rise in 2018 earnings but also gives guidance for 2019 for a similar proportional increase. Well...
- By Chris Bailey |
- 13 December 2018, 03:00 |
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Catch a Falling Star and Put it in your Pocket: a stale bull writes on Metals Exploration
Catch a falling knife, more like it, you might say applies to investment in Metals Exploration (MTL) where I admit that my buy tips/average down advice to date has not enriched anyone. What a never ending fuck up and yet, having got it so badly wrong I still haven’t given up hope. “:Bonkers,” you say, especially after the shares slumped 90% last week after an institutional holder, believed to be Blackrock, dumped its entire holding of 68 million shares at just 0.2p.
- By Tim Blackstone |
- 13 December 2018, 01:28 |
ShareProphets readers tips for 2018 competition - how's it looking with less than 3 weeks left?
Having asked for readers tips for 2018 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 updates 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 2018)...
- By ShareProphets |
- 13 December 2018, 01:25 |
Ariana – Kizilcukur news & (for “nice” reasons) a stance downgrade
It has been a long time coming, but yesterday shares in AIM-listed gold producer Ariana (AAU) finally hit 1.6p, a price I was happy to buy up to. This latest rise was on the back of news from the company’s Kizilcukur project - 22km from the Kiziltepe processing plant - that a drilling programme is about to start...
- By Nigel Somerville |
- 13 December 2018, 01:20 |
Good News Keeps On Flowing for this Yorkshire Medical Pioneer
Hello Share Swashers. This may be the first time I’ve written three wall-to-wall articles about any company. But yet more positive news has broken from Avacta (AVCT), the medical pioneer. And I think it makes considering this interesting share even more compelling...
- By Malcolm Stacey |
- 13 December 2018, 01:16 |
Directa Plus – following 5 ‘announcements’ within the last 3 weeks; surprise, surprise...
Writing on graphene-based products company Directa Plus (DCTA) in September, I reviewed do road test & CEO share purchase merit the shares soaring? – concluding by noting “recent half-year results from the company showed a €1.75 million loss on revenue of just €0.57 million, with net cash down to €4.6 million. The shares have though currently spiked to circa 70p, capitalising the company at more than £30 million. Caveat emptor. Avoid / sell”. At 11:30am today, “Proposed Placing to raise a minimum of £3 million”…
- By Steve Moore |
- 12 December 2018, 07:50 |
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Today's disaster story from FinnCrap - shocking lack of profits warning at Filtronic!
Filtronic (FTC) has updated including “demand for the recently introduced Massive MIMO (‘mMIMO’) antennas is now expected to be substantially lower than we had forecast in the second half of FY2019”. This follows an October AGM statement including “overall market endorsement of the benefits of mMIMO is apparent… Our mMIMO programme is strategically significant and successful market acceptance of this product will be material in defining our near-term development”. Uh oh then…
- By Steve Moore |
- 12 December 2018, 04:54 |
Frontera Resources - a fool and his money - top City analyst writes...
I have already joined Waseem Shakoor in commenting on today's spoof RNS from Frontera Resources (FRR) and reiterating sell advice on this POS. Now it is over to the City's No 1 oil analyst, the great Zac "the knife" Phillips of shamed SP Angel who opines:
- By Tom Winnifrith, The Sheriff of AIM |
- 12 December 2018, 04:54 |
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Tom Winnifrith Bearcast: Filtronic - either way FinnCrap has sinned big time, which is it?
I start with young Joshua's meeting with Santa Claus as flagged up yesterday and then discuss a couple of other Christmas rituals. Then it is onto today's shocker from Filtronic )(FTC). I cover why the statement is misleading, discuss what is the real cash position and thus how quickly this could completely unravel. I then look at FinnCrap (FCAP), appointed Nomad and broker on November 15. Either it failed to do adequate Due Diligence or it has colluded in sitting on price sensitive information in clear breach of AIM Rules. Either is very naughty indeed. Which is it Sam Smith? Finally a few words on the leadership challenge to wretched Theresa May,
- By Tom Winnifrith |
- 12 December 2018, 03:32 |
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Wood Group, Superdry, Dixons Carphone & DP Poland - aka a busy RNS day!
A flood of interesting news out today on stocks that I follow…
- By Chris Bailey |
- 12 December 2018, 02:40 |
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Frontera Financing Update is no such thing – Waseem knocks this bull for six
No doubt the whore blogger Malcolm “Fat Bastard” Graham Wood is preparing to pen rubbish about how Frontera (FRR) has solved all its cash issues in order to earn his Christmas bonus. But today’s statement from a company that is technically insolvent means nothing of the sort. The great Waseem Shakoor, who I have forgotten to ask about Newcastle’s 3-0 thrashing at home to the Mighty Hammers, nails it with the post below.
- By Tom Winnifrith |
- 12 December 2018, 02:33 |
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Rose Petroleum – ‘pleasing’ revised operations plan agreed, looks worth a small punt
Rose Petroleum (ROSE) is “pleased” to have agreed a revised operations plan – this allowing it to drill its highest-ranked target first…
- By HotStockRockets |
- 12 December 2018, 01:40 |
LightwaveRF – full-year results. “Considerable progress”, right?
LightwaveRF (LWRF) has announced results for its year ended 30th September 2018, including Chairman Barry Gamble stating “your company continues to make considerable progress on a number of fronts. Excellent product endorsements, such as being described as ‘the best UK (Apple) Homekit solution for smart lighting’, amply demonstrate our proven technology, even as the company presses ahead with further developments and more international variants”. So why do the shares remain depressed, below 7p?...
- By Steve Moore |
- 12 December 2018, 01:25 |
Catenae Innovation – first blockchain contract & product updates, remains a buy
Catenae Innovation (CTEA) has announced a first contract for a solution utilising its blockchain technology and updated on its such technology and announced a product launch…
- By HotStockRockets |
- 12 December 2018, 01:20 |
Avacta - Part Two: the Korean Connection
Hello, Share Pickers. Occasionally, limits of space curb doing justice to a share I’ve high hopes of. This was the case with Avacta (AVCT), which I dragged to your attention this week. Allow me to add two further aspects to my view of this thrilling share...
- By Malcolm Stacey |
- 12 December 2018, 01:16 |
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Tom Winnifrith Bearcast: Just how many AIM Rules must you break before Finncrap gives a damn and quits?
I prepare for Joshua's first meeting with Santa in 2018 and discuss that. I look at Telit (TCM) and its latest wholesale breach of AIM Rules. Why does FinnCrap (FCAP) not care? I ask when FinnCap will have its first profits warning. I look at Purplebricks (PURP), Mysale (MYSL) and Bilby (BILB).
- By Tom Winnifrith |
- 11 December 2018, 08:57 |