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Bearcast
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Tom Winnifrith Bearcast: no need to send ouzo: my advice to Pantheon Resources is on me, just because I am such a nice guy

In today's podcast I look once again at Argo BlockChain (ARB) filling in a few errors and ommissions by Cynical Bear. I cover Ascent Resources (AST) which looks grim, WanDisco (WAND) and Pantheon Resources (PANR) where, once again, I demonstrate what a terribly nice chap I am.

FA

FireAngel – from “more heavily weighted towards H2 than has been the case in recent years” to…

Previously writing on FireAngel Safety Technology (FA.) – then Sprue Aegis – it was on a 25% share price slump to below 100p and I concluded we’ll see on improvement the company expected and, meanwhile, on underlying financial metrics, the share price reaction looked entirely understandable and I continued to avoid. Today a “Trading Statement” commencing, “The company expects to report H1 2018 sales of approximately £17.7m (H1 2017: £26.0m) and an operating loss of approximately £1.8m (H1 2017: £1.5m profit), in line with management's expectations. However,”. Uh oh…

AST
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Ascent Resources – “pleased with the progress of the strategic review to date”. You cannot be serious!!!

An “Operational Update” from Ascent Resources (AST) commences “as previously announced, the company commenced a strategic review in April 2018 to review the various options available for the company to maximise value for shareholders” and later includes “the board is pleased with the progress of the strategic review to date and discussions are ongoing with a number of different parties”. Good, good - ‘Pleasing’ progress towards maximising value for shareholders then… and the shares have currently responded… er, circa 40% lower towards 0.40p!?...

IWG
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Office shocker by IWG (aka Regus) part 2

Take a look, if you wish, at the share price graphic of the property company IWG (IWG) - formerly known as Regus - over the last year and which is down 20% odd today. The phrase uninvestable comes to mind. Big ups, big downs and - at the end of the year - what have you got to show for it? A share price back to where it was the last time I wrote about IWG turning down a bid for its business here.

Timebomb

Are You Prepared For The End Of Fake Money?

Flooding an economy with cheap, limitless credit inevitably leads to systemic excesses of leverage, risk and debt, and a systemic reliance on marginal borrowers and lenders for "growth" - a credit-based "growth" which is destabilizing and unsustainable. The boom turns to bust and asset bubbles pop, laying waste to fortunes and the confidence that bubble-based prosperity is our endless birth right.

FOX

Fox Marble – half-year update, progress being made

Fox Marble (FOX) has updated on the first half of 2018 and that “as we move into the second half of the year our focus will remain on capitalising on growth, increasing our capacity and enhancing our product range in order to strengthen our position in the market”

TERN

ShareProphets Reader Poll - your predictions for Tern shares by Friday

In the wake of AIM-listed Tern (TERN)'s debacle of its "clarification" on Friday, the shares collapsed by a whopping 39%. The BBMs seem to think this is all a bit of a misunderstanding and a further clarification will come leading to a mega-bounce. Good luck to them with that! But what do ShareProphets readers think?

Malcolm

My Book Gets a Lousy Review, But I Still Think My Way is More Profitable than Most

Hello, share raisers. Ever since The Zulu Principle, share books have been very popular. But is there still a use for them today? Surely you can read all you want on the net for free? You may not get it all in one place, as you can with most books, but you can build up great knowledge in a piecemeal fashion. However, thrilling tomes on how to make dosh still have an important place.

Bearcast
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Tom Winnifrith Bearcast: Argo shows our journalists really can write what they want & before Wildes laughs too much at m e

In today's bearcast I start with Argo Blockchain (ARB) and what our coverage shows again. Then it is onto Mark Carney and the Sunday Times talking Project Fear Brexit bollocks on Sterling. Finally David Lenigas, Luke Johnson and why this bubble will not be different to any other. 

JKX
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Even allowing for the tax dispute risks, JKX looks good value - speculative buy

Often at the lower end of the oil and gas sector private investors get fixated with taking gambles on drills with large prospective resources and dream of untold riches if the company gets lucky with the drill bit, but the reality is that in the majority of cases this will result in a duster and substantial losses.

TERN
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After the ouzo, what now for Tern? And what about InVMA?

It seems as though AIM-listed Tern has been found out – and not for the first time. Having had my traditional ouzo, the question is what happens next. And while we are at it, what about its investments into InVMA?

WPCT
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Atom Bank: Is this the worst stock in Woodford’s portfolio?

I appreciate that the heading seems like a bold claim with such stiff competition but with Atom Bank putting out its results or the year to 31 March 2018 this week, I do think it is a serious contender.

WMH
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William Hill wants its American boy way too much

I enjoyed Malcolm's piece on William Hill (WMH) yesterday.  I too had checked out Friday's results statement which included (inevitably) a Gareth Southgate picture on the cover of its analyst presentation document.  Goodness only knows what they would have done if we had actually won...

ARB

Argo Blockchain: Congrats to Adrian Beeston, the Golden Fleece has been well and truly found

I have a grudging admiration for the stock promoters that inhabit the lower reaches of AIM or the Standard List playing around with cash shells and investment vehicles looking for the next big thing such as Chris Akers, Peter Redmond, Geoffrey Dart etc. Just sometimes it goes spectacularly right and I take my hat off to Adrian Beeston who has pulled off a fabulous heist at Argo Blockchain (ARB).

FFWD
premium content

FastForward Innovations – Oh dear, Jim Mellon and Lorne Abony have been taking lessons from Mr Woodford!

Tom covered much of the nonsense surrounding the FastForward Innovations’ (FFWD) placing last week (HERE) but I wanted to look at how Jim Mellon and Lorne Abony got themselves into that particular mess as they seem to have taken a couple of plays straight out of “star fund manager” Neil Woodford’s book.

Newsboy

Notes from Underground - Sure we lose money on each item, but we make it up in volume

I'm a fan and user of Uber. I call up an app on my iPhone, tell it where I want to go, and five minutes later someone will come by and take me there at a price less than the cost of a Black Cab. This can happen because Uber has billlions from investors and loses money on every ride that it provides. I didn't say I was an investor of the service.

UKOG

Tesla Q2 Results; Stormy Weather in Shortsville & doing UK Oil & Gas due diligence

On Thursday, shares in Tesla (NASDAQ:TSLA) rose to levels not seen since June, as the market reacted favourably to its Q2 numbers and the subsequent earnings call.

CPT
premium content

Concepta - £2 million placing at 4p. Suck up justifiable anger and BUY

Tom Winnifrith was an insider on this one but opted not to participate in the placing after all the grief he got for taking part on the Premaitha (NIPT) placing at 4.5p a couple of months ago. Premaitha shares are now 9.9p and that is what you may wish to consider.

IQE

Table of shorted AIM shares - week to 03/08/2018

From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2017 and thus far in 2018 (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...

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