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Latest News

MUBL
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MBL Group – part one: notice to seek cancellation of AIM admission… though potential shareholder return hit

Shares in MBL Group (MUBL) closed approaching 18% lower yesterday on the back of a 3:54pm “Cancellation of Admission & Notice of GM” announcement, which followed a 6:04pm “AIM Notice and Update on Proposed Cancellation” announcement on Monday…

CKN

Clarkson Floats Into Higher Waters and the Share Price Could Rise with the Happier Tide

Hello, Share Cuddlers. August is a dead month for the kind of stock market news which causes a share to soar or crash. On the whole, values slowly decay. Not necessarily because companies are in trouble, but because volumes are low. And they're slow not for any interesting reason, but for the prosaic fact that many of the big traders have swapped their screens for a bucket and spade to keep their holidaying kids happy.

China Flag

ShareProphets China AIM 'Filthy Forty' performance update – August & Walcom customer still not coughed up edition

Following the latest Walcom – customer still not coughed up, now its off to the lawyers, here's an August ShareProphets China AIM 'Filthy Forty' performance update...

FLX
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Falanx – and the CEO resignation that was clearly not...

I have already covered results from Falanx (FLX) in bearcast but there is one matter than niggles me in the annual report – the “resignation” as a director of CEO  Stuart Bladen. Let me explain…

Bearcast
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Tom Winnifrith Bearcast - I doff my cap to Jim Mellon but caveat emptor

In today's bearcast my mind is a bit elsewhere as I explain HERE. But I cover SalvaRX (SALV), Optibiotix (OPTI), the fraud MySquar (MYSQ) and Falanx (FLX).

PHSC

PHSC – full-year results, security technology to prove diversification or ‘diworsification’?

Historically a provider of health, safety, hygiene and environmental consultancy services, PHSC plc (PHSC) decided to diversify into security technology and associated systems. How do results for its year ended 31st March 2018 show things going?...

GBO
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Is Gavin Burnell the most expensive teaboy in the City – what exactly does he do at Novum?

Prompted by a reader I wonder exactly what Gavin Burnell of Globo infamy is doing round at Novum Securities these days?

CGS

Castings plc – “demand from our main customers' remains strong”, so why do the shares remain subdued?

Castings plc (CGS) has updated commencing “demand from our main customers' remains strong” - so why do the shares remain well down on the comfortably more than 450p they were at early this year?...

RMG
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Royal Mail gets fined...so time to buy?

Who would have thought a stodgy stock like Royal Mail (RMG) would be such a trading counter? Over the last year alone it has moved between a sub four quid share price and pushing 630p a share...and when I look back over the last year it has been one of my top active selection larger cap names. I have not owned the name for a few months now but it has come back on my radar today as its regulator Ofcom has just slapped it with a £50 million fine.

AAU
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Ariana – Does Turkish Lira crisis means stance is downgraded? Er, NO!

I have been an avid supporter of AIM-listed gold miner Ariana Resources (AAU) for a long time and have been advocating buying the shares since recommending them last February, as production approached. I like the company, I like head-hocho Kerim Sener who is, in my view, an exception on AIM in that he is straight and I think the news from the company’s joint venture mine at Kiziltepe has been exemplary. In particular, in the wake of the production update last month for Q2, I had been looking forward with some considerable excitement to the full results of that period. But we have a crisis in Turkey: is it a concern?

TAX

This Taxing Software Venture May Give You some Good Returns

Hello, Share Crimpers. Unlike Uncle Tom whom I think uses the services of a famous bear's wife to finish his tax returns, I fill in my online form myself. But then I have a very simple professional life, earning a bit by my writing and turning in reasonable share profits. However, there's no doubt that working out tax liabilities is becoming even more difficult in these ever more complex days - especially for top businesses.

UKIS

2018 UK Investor Show ‘Dragon’s Den’ monthly update - soaring OptiBiotix boosts Tom's lead

The great success that was the 2018 UK Investor Show saw six 'Dragon's Den' sessions where a number of CEOs each gave a 1 minute (well, supposed to be!) pitch and three 'Dragons' at each session each picked a stock for a £1,000 investment. With the show having been in April, here’s a fourth performance update...

TERN

Lucian Miers: Still Short Tern

I suggested shares in Tern (TERN) were a sell in June - noting that its main asset, Device Authority, appears to need constant drip feeds of cash from Tern - which, in turn, taps the AIM market regularly and that this summer Jo Retail is proudly wearing his tech hat and taking a swing at The Internet of Things...

PLUS

Plus500 – emphasises “very successful first half”… so why are the shares materially lower?

Plus500 (PLUS) has announced results for the first half of 2018, including emphasising “we have had a very successful first half with two major milestones; another record set of first half results including an exceptional first quarter performance and completion of our move up to the Main Market”. However, having recently exceeded 2000p, the shares have responded materially lower towards 1700p. Hmmm…

CHG

Chemring Group – tragic incident at Countermeasures facility

Chemring Group (CHG) has confirmed that at approximately 5pm on Friday there was an incident in a flare manufacturing building at its Countermeasures facility near Salisbury and that, although emergency services attended the scene and the incident was quickly brought under control, “tragically, one employee was fatally injured and another employee was badly injured and is currently receiving treatment in hospital”

US-Flag-Blonde

Lucian Miers: Still Short Tesla

Last week was not ideal for those short of Tesla (US - TSLA) after that tweet announcing the potential biggest take private deal in history. Nothing now surprises me with this company and, also having been a victim of the Autonomy-Hewlett Packard debacle seven years ago, I am wary to dismiss the possibility of a deal out of hand. But as the week closed without any further details emerging, it is looking increasingly likely to me that the funding might not be “secured” as claimed.

China Flag

China's Winnie The Pooh Crackdown Intensifies as Pooh Becomes Resistance Icon

China has the world’s most overleveraged, fragile financial system. In 2008, China’s total debt-to-GDP was 140%. It is now roughly 300%, while GDP is slowing. The economy is held together by capital controls. If those fail, the whole system fails. The capital flight in 2015/16 cost the government $1trln in reserves, and that was with ultra-dove Yellen in charge. Imagine what would have happened with Volcker at the helm.

FAB

Fusion Antibodies – from “positive outlook” to “significantly behind” expectations in little more than 5 months (& within 8 months of listing)!

A trading update from Fusion Antibodies (FAB) commences that it “announces that the company's results for the year ended 31 March 2018 will be announced on 16 August 2018. The results for FY18 are in line with current market expectations”. Hmmm – but it updated in March including “at least 40% revenue growth expected; adj EBITDA broadly in-line with expectations”, so why is the latest update needed so soon before the results announcement?...

ALM
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Allied Minds - what's the real reason behind the results delay?

Allied Minds (ALM) was due to release its interims at the end of this week but put out a rather strange statement this morning delaying it until the end of September. I thought it would be helpful to offer up an explanation as the situation is more complex and worrisome that this morning’s five-line announcement might indicate.

TERN

ShareProphets Tern poll results vs BBMs: the BBMs win (for now)

Our reader poll last Monday asked you where shares in AIM-listed Tern plc (TERN) would end the week. The answer was...

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That Was the Week that Was

 

AAU

Ariana – Surprise!

 

ANP

Anpario – a recovery Buy?...

Thursday »

Cat_Fixing_Lightbulb

Bearcast issue update: all should be well

 

ORCP

Oracle Power: Cynical Foul

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