The Northland meltdown – 28 stocks that could get slung off AIM
Northland yesterday ‘fessed up that it would be surrendering its Nomad license on 1st February. If you think that this “surrender” is a voluntary act you are the sort of person Nigerian Generals dream of adding to their email list. So 28 clients need to find a new Nomad to take them on and complete due diligence PDQ as DD takes a while and the Christmas holidays beckon. No new Nomad and the companies below will be slung off AIM.
- By Tom Winnifrith |
- 2 November 2018, 09:55 |
Catenae Innovation – fundraising… but at a significant premium; Buy
Digital media and technology provider, Catenae Innovation (CTEA) “is pleased to announce” the raising of £524,945 through the issue of new shares at 0.12p each, with CEO Tony Sanders emphasising “the company is at an interesting stage of its development underlined by the support of the senior management and directors. Furthermore, we are pleased to complete this placing at a premium and welcome the support from the large UK based institutional investor, specialising in Tech companies, who has taken a significant stake in the business”...
- By HotStockRockets |
- 2 November 2018, 09:30 |
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Does Safran know that its employees threaten journalists? Ref Antonio Mateos and Berkeley Energia
I am contacted on twitter, as you can see below, by a man claiming to live in Spain who opposes Berkeley Energia (BKY) and its plans to create thousands of jobs at Salamanca. I do not wish to deny the poor the dignity of work this chap does. Follow the thread for it ends with a clear threat - I should stay away from the project...
- By Tom Winnifrith, The Sheriff of AIM |
- 2 November 2018, 08:20 |
Biome's Sizzling Trading Update Vindicates My Upbeat View of this Thrilling Share
Hello, Share Monkeys. Writers like me take a big risk when they commend a share the day before a big trading update comes along. But in the case of Biome Technologies (BIOM) I was happily vindicated. The numbers are exciting and as a result the shares soared as high as 12.5%. That attracted some profit taking, but the share price is still up by 9% as I write.
- By Malcolm Stacey |
- 2 November 2018, 08:19 |
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Tom Winnifrith Bonus Bearcast - which City firm (if any) was raided by the SFO today and swimming with no trunks in an AIM bear market
The rumour swirling round the City is that following an FCA visit 2 weeks ago the SFO called in on a well known firm today. Various names have been mentioned but to be clear I have on the record denials from both Novum and Optiva. It was not them. Was there a raid at all? I don't know but in the current climate folks are prepared to believe the worst. I discuss why the number of AIM Casino listed companies will plunge from c930 today to sub 800 within 18 months if the bear market in small caps continues or, indeed, accelerates. I think it could.
- By Tom Winnifrith |
- 1 November 2018, 12:59 |
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Earthport – Chairman & former CEO retire “with immediate effect” just last week… Now “accounting errors”!
Shares in payment network company Earthport (EPO) had already more than halved in price over the last year and now a “Restatement of Fair Value Adjustments” announcement – and they currently down a further nearly 9%, to 7p, in response…
- By Steve Moore |
- 1 November 2018, 12:55 |
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I remain confident in Horizonte Minerals following the feasibility study
The market seemed to have been disappointed with the recently released results of a feasibility study from Horizonte Minerals (HZM), but for me nothing has really changed in terms of the long term potential of the project.
- By Gary Newman |
- 1 November 2018, 10:26 |
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Tom Winnifrith Bearcast: resolving the Barclays affair & a day of spoofing
I start with the final part of my story of battles with the bastards at Barclays (BARC). Then I cover Wishbone (WSBN), shares we own, Online Blockchain (OBC), shares I'd rather eat my own toes than own, MySquar (FRAUD), Conroy Gold (CGNR), I3 Energy (I3E), Catenae (CTEA) and Oilex (OEX).
- By Tom Winnifrith |
- 1 November 2018, 09:54 |
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BT should think about sacking its CEO more often...
It is amazing what a 2% rise in revenues and some mumbling about a top end of range ebitda performance can do but - as I write - almost perma-dog BT Group (BT.A) shares are up over 6%. I should not be so cynical as I have liked the shares for a while as last expressed at length HERE. Today's update though feels like a corner has been turned. I say this for two reasons...
- By Chris Bailey |
- 1 November 2018, 09:50 |
Concepta - MyLotus UK launch this weekend!
This did not take long. CE-Mark approval on Monday, UK launch of Mylotus this weekend coming. Concepta (CPT) and its new boss Matthew Walls have been hard at work...
- By HotStockRockets |
- 1 November 2018, 08:30 |
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Spoof No 1 exposed so what about spoof No 2 from almost bankrupt Frontera?
You will no doubt remember that as well as facing two legal cases either of which could strip it of all of its assets (having caved on a third) Frontera Resources (FRR) is completely out of cash, burning cash and drowning in debt and thus is trying to ramp its shares however it can to get a bailout rescue placing away. So welcome to the tale of two spoofs orchestrated by disgraced dirty tricks PR specialist Tim Thompson of morally bankrupt & intellectually challenged fucktards Yellow Jersey and egged on by the whore blogger Malcolm “fat bastard” Graham Wood.
- By Tom Winnifrith, The Sheriff of AIM |
- 1 November 2018, 08:24 |
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When related parties are dumping shares at a 75% loss in 4 months you know you should panic – ref MySquar
On 23rd October as oily and unpleasant PR man Piers Pottinger, now the face of the fraud MySquar (MYSQ) as its chairman oozed up to do a paid for share pump interview with Proactive it was announced that Mypay Limited, a related party thanks to links to the criminal family of ex CEO Erik Schaer, had sold shares so it no longer had a notifiable interest. A week later the company did a bailout placing at just 0.35p. It gets worse.
- By Tom Winnifrith, The Sheriff of AIM |
- 1 November 2018, 08:07 |
October performance update: start of 2018 top shorted London-listed shares
Early this year we showed the ten top shorted London-listed shares at the start of 2018. How's the latest performance?...
- By ShareProphets |
- 1 November 2018, 08:05 |
Look Into Biome, Naomi, if You Want to Save the World
Hello, Share Samplers. After a surge of excitement, the value of a company involved in the making of self-destructing coffee cups has declined. I refer to Biome Technologies (BIOM). But if ever a share was dependent on a growing future trend this is it.
- By Malcolm Stacey |
- 1 November 2018, 08:03 |
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Photonstar LED – now from distressed sale or administration options for subsidiary to “cease to trade as of today” – in little more than 6 hours!
As noted earlier, challenging trading for the fixed LED lighting business of Photonstar LED (PSL) saw the company update at 7am today that it is “considering the options available… the options include a distressed sale of the subsidiary, which may have certain regulatory conditions should a buyer be found, or the appointment of administrators”. Apparently it takes at most circa 6 hours to consider the options… and to take one not even previously mentioned!...
- By Steve Moore |
- 31 October 2018, 15:44 |
Obtala – sharpens focus & a fundraising, still a buy
Obtala (OBT) has announced moves to progress a “strategy now specifically focused on building a best in class forestry and timber trading platform”…
- By HotStockRockets |
- 31 October 2018, 14:25 |
Photonstar LED – from “increased demand” in, to potential administration of, fixed LED lighting business - in less than five weeks!
Writing on Photonstar LED (PSL) earlier this month it was partnership announcement… when’s the attempted new funding then?. Today a “Trading Update”, including early “the competitive price pressures on fixed LED lighting have shown no sign of abating throughout October… anticipated demand for the subsidiary's circadian lighting products has not materialised”. Uh oh…
- By Steve Moore |
- 31 October 2018, 13:01 |
Video: Rick Rule: upside in the uranium price is absolutely inevitable
Rick Rule from Sprott, the world's best known resource investor, is a major bull of Yellowcake and explains why in the latest podcast from Palisade Capital. Rick feels that it’s too early to draw any conclusions from the recent market action arguing that, technically, these price fluctuations are not that aggressive. He is encouraged by golds recent performance but two weeks of data is not worth anything but amusement.
- By Tom Winnifrith |
- 31 October 2018, 12:11 |
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Tom Winnifrith Bearcast: happy Hop-tu-naa, my No 1 tip for dealing with Trick or Treaters
Happy Hop-tu-naa to any listeners in the Isle of Man, and happy Halloweebn to the rest of you. I start the podcast with a handy tip on dealing with the Trick or Treat menace. This afternoon I head off with Joshua to deal with the bastards at Barclays (see yesterday's bearcast) and I will report back on that tomorrow. I look at Crawshaw (CRAW), I3 Energy (I3E) doing a Cathy Newman, at Photonstar Led (PSL)) which is toast, Online Blockchain (OBC), at FastJet (FJET), lessons for Neil Woodford from GYG (GYG) and elsewhere and why Thirsty Paul Scott and others should keep December 3 free.
- By Tom Winnifrith |
- 31 October 2018, 11:48 |
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GYG – the Woodford reverse Midas touch strikes again: banks must be shitting themselves
Oh dear. When Neil Woodford spunked £8 million of other folks cash into the July 2017 100p a pop AIM casino IPO of yacht refitting company GYG (GYG) he thought this would be plain sailing. Oh no. Au contraire. The reverse Midas touch has struck Britain’s most arrogant fund mis-manager withy the second (lack of) profits warning in two months. Now I suggest the banks must be shitting themselves, the shares are 42.5p, sinking like the Titanic, as friendless as the Marie Celeste, and things are only going to get worse.
- By Tom Winnifrith, The Sheriff of AIM |
- 31 October 2018, 10:55 |