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Bearcast
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Tom Winnifrith Bearcast; Disgusted by Conroy I am appalled by the Archbishop of Canterbury

I cover Conroy (CGNR) elsewhere but its the sort of seedy waste of space nonsense that makes me despair of AIM. And so i turn to a follower of JC, Archbishop Justin Welby. The JC I refer to is of course Jezza not Jesus. Welby's comments yesterday are so utterly wide of the mark, no wonder he leads a failing organisation.

BBSN

Brave Bison – shares stomp ahead… but it’s an RNS Reach ramparoonie AGAIN!

In May I warned on shares in Brave Bison (BBSN) at 3.55p; shares in loss-maker soar on RNS Reach ramparoonie, with a new broker recently appointed. Hmmm!. They closed yesterday at 1.5p, but are currently again heading towards 3p on the back of another RNS Reach!...

SXX
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Sirius Minerals – announcement includes “significant steps forward for the business”… so why a share price slump?

“Procurement and capital estimate update” announcement from Sirius Minerals (SXX) sees CEO Chris Fraser commencing comment by emphasising “the signing of the contracts for the remaining tunnel drives and the materials handling facility at Wilton are significant steps forward for the business with almost all procurement now complete”. However, the shares have responded currently circa 10% lower, to around 30p. How’s that capital estimate then?...

CGNR
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Conroy Gold – Share Talk - sordid ramping at the bottom end of AIM

Share Talk is a website that takes money from, usually, crap companies. It does not appear discerning. If you are a PLC with a cheque book come on down! It does not disclose its business model and it then provides what it terms “the Independent voice across social media” or what you and I would term sordid share ramping. Shares in Conroy Gold (CGNR) are up 30% today to 13p to sell thanks to such ramping. But before you get too carried away….

TRAF

Trafalgar Property – full-year results: “well placed to deliver…”. Really?

I last commented on AIM-listed Trafalgar Property Group (TRAF) back in July 2015, after it snuck out its results at 5.23pm on a Friday, announcing losses for its year to March 2015 but saying it was seeking a return to profitability in 2016 and 2017. So how has it done?

Newsboy
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Investor fear and Centrica, DixonsCarphone and McCarthy & Stone

Time to talk about three badboys who are reporting today. I say 'badboys', but there is only one stock I would not touch out of the three...but more on that in a few paragraphs time...

QUIZ

Quiz plc – “particularly pleased” with summer “positive customer response”… so ahead of expectations then? Er…

‘Fast fashion’ company Quiz plc (QUIZ) has updated including it is “particularly pleased with the positive customer response to QUIZ's product range over the summer” and “continued growth across each of our channels”. The shares have though responded lower, towards 160p. Hmmm…

TAP

Profits Soar for this Futuristic Advertising Venture with a Nice War Chest

Hello, Share Squeezers. I wonder if you might fancy investing in an advertising firm listed on AIM? Doesn't sound over-attractive, does it? But you might want to take a further look at Taptica International (TAP).

XAR

Xaar – H1 results, reception of new products “positive” & “firmly believe in the potential”. Really?

Xaar (XAR) has announced results for the first half of 2018, including “the long term opportunity for Xaar remains very significant, but trading continues to be impacted by the aggressive decline in our Ceramics business, and the unpredictability of the adoption of our new products”. Hmmm…

Bearcast
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Tom Winnifrith Bearcast: Telit & Yosi Fait, Tesla & Elon Musk - who is going bust and who is going to jail and or the mad-house?

I start with a few thoughts on just how wonderful it is up here at the Greek Hovel, truly it is peaceful and heavenly. Then a thank you for your kind emails and comments on poor Oakley. Then this podcast takes an in depth look at Telit (TCM), run by insider dealer Yosi Fait, after its interims yesterday and at Tesla (TSLA) run by nutso market abuser Elon Musk after his latest outburst. 

PCIP

PCI-PAL – follows a private investor screwing, with “pleased to announce” results. Hmmm…

“PCI-PAL PLC (AIM: PCIP), a leading world-wide provider of Payment Card Industry compliance solutions for contact centres, is pleased to announce full year results for the year ended 30 June 2018”. The shares have responded... er, currently circa 15% lower, at 26.5p...

SER
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Sefton Resources – Jimmyliar Ellerton shares confiscated, yours may be forcibly bought back

And you thought the pantomime was over… now unlisted and registered in the BVI the latest developments at Sefton Resources (SER) are, predictably amusing. When Sefton was booted off AIM it had 4.8 billion shares in issue. Until the other day it appears to have had almost 9 billion pieces of confetti in issue. But that is set to change.

OBT
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Obtala – half year results & management chat, remains a buy

Africa forestry and agriculture company Obtala (OBT) has announced results for the first half of 2018, emphasising “having grown by more than 13x in 2017, year on year revenues are on track to deliver further growth in 2018 having achieved 80% of 2017's total turnover within the first 6 months” - though, on revenue of $6.6 million, even on an adjusted basis there was still a loss of $3.7 million…

VEL

Velocity Composites – following less than 16 months since AIM IPO warns AGAIN… now CEO & CFO go

“Directorate Changes” announcement from Velocity Composites (VEL), including “as a founder of the company Jon is fully committed to Velocity and feels it is the right time to hand over the CEO responsibilities”. Hmmm…

RBD
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Updated: Reabold - £10 million discounted placing underway: source

A reliable City source tells me that Reabold (RBD) spent much of yesterday attempting to get a £10 million fund raising away.  If this is the case it is going to have to be at a steep discount and the shares are trading down 9% at 0.75p-0.85p indicating something is afoot. I have contacted house broker Turner Pope giving it the chance to deny and…

WPCT
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WPCT: This is going to be a difficult month for Neil Woodford – let’s play I-Spy

I smiled at yesterday’s announcement from Woodford Patient Capital Trust (WPCT) summarising the “summer of milestones” achieved across the portfolio as I imagine that is just buttering up the audience before the bevy of bad news hits. From my point of view, September is going to be a hellish month for Mr Woodford so welcome to ‘I-Spy Woodford’s September Hell’

BREE
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Breedon's cash flow love-up

I see the housebuilders got another share price stuffing yesterday on fears that the Help to Buy policy (which I have lampooned on this website recently here) might come to an end. I see the updates today from Barratt Developments (BDEV) and Berkeley Group (BKG) have hardly reignited the shares despite all sorts of 'record results' comments from the former. Well when the average house price is around six times income (and a way higher multiple in London) then value there is not. However...

LLOY

Why I'm Still Riding the Black Horse and Expect to Make Hay if We Get a Good Brexit Deal

Hello Share Wishers. What a thundering disappointment banks have been. You would have thought that the huge recovery most Footsie shares have seen since the 2008 crash, would have catapulted banks back where they were pre-disaster. But are they Buckland Abbey!

OPTI
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Optibiotix – it junks the Adam Reynolds keyboard for big news

I do not apologise for a second for advising folks to top slice Optibiotix (OPTI) at 131p but today the company has served up news which shows why it was right to hang onto at least part of your holding ( and we have held onto 6/7 of ours). Today’s release is big and does not use the Adam Reynolds keyboard – there are real numbers and big numbers.

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