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Saga - cruising to a higher share price?
Since I first talked about the stock, Saga (SAGA) shares have been in a very tight range. I have picked up some decent income (the stock yields just over 7%) but - as I am not yet a fully paid-up member of Dividend Munchers United - that does not overly excite me…
- By Chris Bailey |
- 27 September 2018, 09:05 |
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Top analyst: Frontera Resources management greed is "obscene", company “pollutes” the sector
I shall turn to Frontera Resources (FRR) results later. Suffice to say they are shite, the company is out of cash and a bailout placing is needed ASAP. But should you back that placing, given who has eaten all the money? Over to Zac “the knife” Phillips , the City’s No 1 oil analyst, who works at SP Angel. I have rarely seen Zac this angry…
- By Tom Winnifrith, The Sheriff of AIM |
- 27 September 2018, 09:03 |
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Folli Follie – ouzo time mega fraud confirmed in detail
It was not that long ago that burly security guards from Follie Follie were trying to grab my camera and chasing me as I door-stepped the company at its HQ 20 miles North of Athens. I guess they are unemployed now as forensic accountants Alvarez & Marsal have now published a report showing the massive fraud we and, more particularly, Gabriel Grego alleged was indeed true,.
- By Tom Winnifrith |
- 27 September 2018, 08:14 |
Are BP Shares Worth a Lot More? I'm Not the Only One Who Thinks So
Hello, Share Tasters. It’s rather amazing how people can hold grudges against companies which, somewhere in the mists of time, let them down. And yet we should always be mindful that the story changes all the time. And big losers in the past are often today’s brightest prospects.
- By Malcolm Stacey |
- 27 September 2018, 08:13 |
Directa Plus – do road test & CEO share purchase merit the shares soaring?
Writing on graphene-based products company Directa Plus (DCTA) in June I questioned significant commercial progress? The shares have though soared today on “World's First Road Surface Containing Graphene” and “Director/PDMR Shareholding” announcements from the company…
- By Steve Moore |
- 26 September 2018, 16:02 |
Andrew Perloff of Panther Securities rambles on corporate bullying
I know SFA about Panther Securities (PNS) but its interims today contain an interesting statement by chairman Andrew Perloff who makes a valid point or two. Over to the great man..
- By Tom Winnifrith |
- 26 September 2018, 12:26 |
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FastJet (yet again) warns it could be tits up within weeks
The journalist smearing PR bastards at Citigate Dewe Rogerson snuck out results from FastJet (FJET) just after noon hoping that the whole world would be on a lunchbreak. Not only are the numbers utterly shite but having raised $10 million in July the company now ‘fesses that it needs more cash by the end of October or it will be once again at the cul de sac at the end of tits up alley. Disgraceful.
- By Tom Winnifrith, The Sheriff of AIM |
- 26 September 2018, 12:25 |
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Tom Winnifrith Bearcast: I'm not joking, the Mrs and I are looking at buying a house in the developing World, that is to say Wales
Come home to a real fire...buy a second home in Wales. You remember the sketch. Anyhow, the Mrs and i are looking and pondering because, as you know, she wants to pursue her career and I want to rear goats. The exercise, however, throws up very real questions about house prices. Moving on I look at Bushveld Minerals (BMN), Optibiotix (OPTI), Avanti Communications (AVN), Imaginatik (IMTK), Redhall (RHL) and Mitie (MTO) another company whose former boss helps to make Jeremy Corbyn's quite insane policies seem almost desirable.
- By Tom Winnifrith |
- 26 September 2018, 12:04 |
Bluebird Merchant Ventures – updates on projects, remains a buy
Bluebird Merchant Ventures (BMV) has updated on both of its South Korean mining projects, Gubong and Kochang - and on expected upcoming developments…
- By HotStockRockets |
- 26 September 2018, 12:01 |
Crawshaw – interims, a “change programme to restore growth and profitability”?
Self-styled “the UK's leading value butcher”, Crawshaw (CRAW) has announced self-admitted “clearly… disappointing” results for its half-year ended 29th July but that new management “has completed its review of the business and is implementing its change programme to restore growth and profitability”. Hmmm…
- By Steve Moore |
- 26 September 2018, 11:12 |
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Bacanora to plunge another 30% to 25p? City email damning
I pick up the writings of an anonymous but influential Battery Materials writer, a well known City figure who warns that the misery for shareholders in Bacanora Lithium (BCN) is set to intensify. In an email sent out this morning he notes, with the stock at 35p:
- By Tom Winnifrith |
- 26 September 2018, 10:59 |
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Imaginatik – Saintly Vin Murria walks, Nomad resigns, grab your crisps now
AIM-listed former rob Terry darling Imaginatik (IMTK) has announced that the deal to bring in Vin Murria is all off. The Nomad, finnCap, is – as it promised it would – resigning as from the end of today and the shares have collapsed by (so far) 76%. What’s not to like?
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 26 September 2018, 09:09 |
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Alba Mineral Resources – update from Wales, other news flow soon
Alba Mineral Resources (ALBA) has updated on exploration and progress towards a “principal objective” of “the reopening of the Clogau-St David's mine”…
- By HotStockRockets |
- 26 September 2018, 08:30 |
Back From Russia to Check the Cat - and Find All Is Tickety Boo in Shareland
Hello, Share Comrades. Having only just arrived home from my Northern offensive of Denmark, Sweden, Finland and Russia, I haven't time to research an individual share for you to consider. So allow me to explain instead that once again the quantum physics of Schrodinger's Cat has worked in my favour.
- By Malcolm Stacey |
- 26 September 2018, 08:20 |
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Tom Winnifrith Bearcast - blocked by the whore blogger
I am bored bored bored but have a hot tip for you if you like gambling HERE. I report a rumour on Asiamet (ARS) and then discuss how I have been twitter blocked by the whore blogger Malcolm Graham Wood. Anyhow the fat old bastard is today ramping Sound Energy (SOU) and Savannah Petroleum (SAVP) so I discuss both stocks. My second hot tip is to follow @AMonkMonkey (Andrew Monk) on twitter and I explain why.
- By Tom Winnifrith |
- 25 September 2018, 14:47 |
Petropavlovsk – “significant progress” with a “key objective” - BUY
The recently returned management at Petropavlovsk (POG) are “pleased to have made significant progress” with one of their “key objectives” - “to achieve a solution to remove the company's guarantee of IRC's borrowings”…
- By Tom Winnifrith & Steve Moore |
- 25 September 2018, 14:40 |
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Why I would short Time Out Group
Time Out Group (TMO) is a name that most people will be familiar with, as many of you will have used it when travelling around the world to make the most of wherever you are staying, and to discover local attractions and restaurants.
- By Gary Newman |
- 25 September 2018, 13:03 |
Low & Bonar – I suggested profit warning, it reckoned greater weighting to the second half…
In April the components of a trading update from Low & Bonar (LWB) saw me note a profit warning then, surely? Instead though the company went for “expects the group's financial results to have a much greater weighting to the second half than in the prior year”. With the shares then heading towards 50p, I concluded a second half reliance amidst clear challenges sees the stock on the bargepole list. Sell. Today another trading update…
- By Steve Moore |
- 25 September 2018, 11:36 |
Goaded by ShareProphets, Draganfly issues a statement re cancellation of listing
Yesterday at 9.33 am ShareProphets published our criticism of (formerly) AIM-listed Draganfly, which hadn’t bothered to update investors since July and whose shares were cancelled from the Casino yesterday morning. So much for the RTO and associated due diligence process which was well advanced in July! The cancellation was announced by AIM at 7am, yet it took until 10.44 for Draganfly to issue a statement. Why?
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 25 September 2018, 10:13 |
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Smoking in the sun - updated views from Next & Imperial Tobacco
Back in early August, I admitted I was a fashion luddite but, even so, managed to conclude on FTSE-100 clothing retailer Next (NXT) that the weather was rather important:
- By Chris Bailey |
- 25 September 2018, 10:00 |