GAME Digital – current revenue & margin challenges v. BELONG growth initiative?
GAME Digital (GMD) has updated including “group revenue for the 52 weeks ended 28 July 2018 is expected to show a small decline at approximately £780 million (2017: £782.9 million)”. That compares to at the half-year stage “revenue of £517.4 million… an increase of 3.9%”. Hmmm…
- By Steve Moore |
- 21 August 2018, 11:55 |
Gavin Slattery, a UK Oil & Gas owning moron demands personal service via twitter
So I trained as an oil analyst and for the past 27 years have been writing about this sector. UK Oil & Gas (UKOG) owning moron Gavin Slattery is an expert in retail facilities management. He can't be bothered to register here but demands via twitter that I give a personal precis of my work yesterday but suggests that he will ignore whatever I say because he knows better anyway. The arrogance of a man whose portfolio will die from ignorance is breathtaking...
- By Tom Winnifrith |
- 21 August 2018, 11:54 |
premium content
Wood Group & Polymetal - two larger cap resource names to buy (still)
The good news is that this write-up is not going to be about Billiton (BLT) - the world's largest miner - whose Tuesday morning results in Australia were worthy but dull. Far more interesting were the numbers today from Wood Group (WG.) and Polymetal (POLY).
- By Chris Bailey |
- 21 August 2018, 09:02 |
When Irish Eyes Are Smiling, Could it Be Because of Kenmare's Profit Rush?
Hello, Share Chuckers. Recently, I've tried to find you shares which are pleasing the City with big increases in profits. This is a dramatic opposite to the many shares that my colleagues so usefully highlight which are making bigger losses than before.
- By Malcolm Stacey |
- 21 August 2018, 08:19 |
premium content
Pathfinder Minerals: was shamed Nick Trew fired? Did he get a payoff for failure (and worse)? What about the disgraced Tory MP Sir Henry Bell-end?
After years of earning £170,000 as a reward for being a total disaster as CEO of Pathfinder Minerals (PFP), the new board has taken just ten days to part company with Nick “not for the many but for the Trew” but massive questions remain.
- By Tom Winnifrith |
- 20 August 2018, 17:29 |
UniVision results not going down well & ShareProphets China AIM 'Filthy Forty' update
An update last week noted UniVision Engineering (UVEL) has updated that it now expects to announce results for its year ended 31st March 2018 in that week (from “towards the end of July” previously, hmmm!). They haven't gone down well...
- By ShareProphets |
- 20 August 2018, 17:26 |
Podcast: Precious Metals Capitulation, Sentiment Has Changed Drastically in the Last Month
Brett Heath sees severe capitulation across the board from the metals to the majors and down to the juniors. Most of the majors are at or near 52-week lows. This looks like scary times, and both gold and silver are incredibly volatile right now.
- By Tom Winnifrith |
- 20 August 2018, 17:18 |
premium content
UK Oil & Gas – the Real maths not the Leni-maths – SELL on today’s news
Giving its piss poor drilling results elsewhere the future of UK Oil & Gas (UKOG) is almost entirely a play on the Gatwick Gusher, aka, Horse Hill, aka the latest mega ramp engineered by David Lenigas. Today UK upped its stake in Horse Hill by an effective 4.55% to 36.985% in a deal which only demonstrates more clearly how grotestquely overvalued its own shares are. That is unless you are using Leni-maths.
- By Tom Winnifrith, The Sheriff of AIM |
- 20 August 2018, 16:16 |
premium content
Countrywide – ShareProphets RNS translation service on “Proposed Remuneration Policy and Countrywide AGP” update
A “Proposed Remuneration Policy and Countrywide AGP” announcement from Countrywide (CWD) looks to require the ShareProphets RNS translation service (Countrywide in italics, ShareProphets RNS translation service in bold)…
- By Steve Moore |
- 20 August 2018, 16:00 |
LiDCO – from “pleased with progress” in May to now “slow first half”!
An update from LiDCO Group (LID) commences that the company “announces that it has had further success in the USA, contracting three additional customers to its recently launched differentiated High Usage Programme business model. HUP continues to build momentum after its launch in July 2017”. Sounds promising… so why, and particularly with the shares down from approaching 8p in May to below 6p, has the stock not responded positively?...
- By Steve Moore |
- 20 August 2018, 14:31 |
Canadian Overseas Petroleum still looks a long way from producing any oil
I’ve been bearish on Canadian Overseas Petroleum (COPL) for some time now, and recent developments have done nothing to make me change my stance on the company, particularly with regard to its operations in Nigeria.
- By Gary Newman |
- 20 August 2018, 13:43 |
Tuesday is a very historic day in the US, as the Train wrecking season comes around the corner
The current US bull market started its life on March 9, 2009, one of the darkest moments of the financial crisis, when the S&P 500 touched 666. Since then it climbed to a high of 2,872, in January of this year, and still holds above 2,850, for a gain of more than 320 percent. On August 22, the current US bull market turns 3,453 days old— putting it one day more than the longest bull market, which ran from October 1990 and ended with the bursting of the tech bubble in March 2000.
- By David Scott |
- 20 August 2018, 12:00 |
premium content
Mulberry – House of Fraser impact, but approaching £60m off the market cap merited?
An update from luxury brand group Mulberry (MUL) commences it has considered the impact of recent developments at House of Fraser and “is expecting to provide £3 million for exceptional costs in the results for the six months to 30 September 2018”. But why a current more than 17% share price fall, wiping approaching £60 million off the market capitalisation?...
- By Steve Moore |
- 20 August 2018, 11:26 |
Profit Up 69% on Lower Revenue and Debt Bashed. What's Not to Like About this Construction Giant?
Hello Share Stripers. How's this for an encouraging set of results? Balfour Beatty (BBY) has announced that underlying operating gains for the first half of 2018 are up 69%. That brings them to £66 million. And what makes that mighty jump even more impressive is that it was achieved on less revenue.
- By Malcolm Stacey |
- 20 August 2018, 08:35 |
premium content
Blue Jay Mining – what next?
The modest deflation in place in the shares of Blue Jay Mining over the last several weeks still has some way further to run in my opinion. Here are the reasons why:
- By Richard Jennings of Align Research |
- 19 August 2018, 13:39 |
Ariana Resources – cash flowing from Kiziltepe, a Buy
Ariana Resources (AAU) has updated on performance from the Kiziltepe mine joint venture, emphasising “strong operational cash flow” and “we remain fully on track to deliver on our production guidance for the year”…
- By HotStockRockets |
- 19 August 2018, 13:28 |
Quarterly reports: I think the Donald is wrong
Something a bit different for the weekend. Did you see that the US President has asked the Securities and Exchange Commission (SEC) to look at whether the quarterly report cycle, that almost all publicly listed US corporations adhere to, should be cut back to reduce regulatory barriers and give a boost to longer-term thinking. Like him or loathe him, I think the Donald has muddled thinking on this issue. I see that Tom Winnifrith, the President's biggest fan in the UK, agrees with me HERE.
- By Chris Bailey |
- 19 August 2018, 13:14 |
premium content
Sensyne Health: A great IPO for Woodford but is it a Purplebricks or RM2 International from here?
Turning to my third, and the most recent, quoted constituent of Woodford Patient Capital Trust (WPCT) this weekend, I thought I should give a warm welcome to Sensyne Health (SENS) that joined AIM on Friday at a very nice valuation indeed. It’s good to see that the words ‘healthtech’ and ‘AI’ are able to suck in as much dumb money from the markets these days as the word ‘blockchain’!
- By Cynical Bear |
- 19 August 2018, 10:27 |
Welcome to the first ShareProphets Sunday Long Reads
Is there a better thing to do on a Sunday than to sit back and read a real, meaty article that is meant to be savoured and enjoyed? Not a blog post, not a news item. Like when we used to do with newspapers before the smart phone ruined everything.
- By Darren Atwater |
- 19 August 2018, 10:16 |
premium content
Thin Film Electronics: A classic Woodford cash-burner, probably his best!
Continuing my leisurely weekend stroll through the cash-guzzling listed stocks in Woodford Patient Capital Trust (WPCT), I’ll look at his second Norwegian dog, Thin Film Electronics, as its half year results came out yesterday.
- By Cynical Bear |
- 19 August 2018, 10:15 |