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Julie Meyer - her new flagship - its also insolvent surely - new Companies House Filing
With former flagship Ariadne Capital Limited in administration and Julie "Lingerie on expenses" Meyer facing serious questions about that, Vince Cable's fave entrepreneur has to find a new flagship to stand behind her joke annual conference, this year to be held, to the dismay of local regulators, in Croatia. It would have been Ariadne Capital Group Limited of Malta but what with it facing regulatory probes, having no cash and with the criminal charges against Meyer in Malta that is perhaps not suitable. So Meyer has suggested her new flagship is Viva Capital LLP, formerly the company that booked her speaking fees. Problemo!
- By Tom Winnifrith |
- 9 August 2018, 08:27 |
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Tern – “Updated Director Information” = WE LIED
Another day and another shocking disclosure from AIM-listed Tern plc (TERN). Yesterday, at 3.10pm, after releasing details of two director buys which were trivial and showed Tuesday’s news of Device Authority’s elevation to “2018 Emerging Star” to be just a ramp (or insider trading by the chairman, take your pick!) we were told that disclosures in relation to two directors of the company had not been entirely truthful: the published directorships of the two had omitted not just the odd one which might have slipped the mind. No, it was TEN!! More to the point, it was ten insolvencies which should have been declared when they were appointed – and a further two which should have been disclosed after appointment.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 9 August 2018, 08:22 |
Sprott Gold Report: Gold Slumps on Trade War Fears
Sprott is the world's largest resource investor so a) it knows what it is talking about b) it normally talks its own book. I am not greatly surprised to see gold having a rough patch given the irrational exuberance affecting most other asset classes. I am sure that will all change. Anyhow, over to an expert, Shree Kargutkar of Sprott Asset Management who writes:
- By Tom Winnifrith |
- 9 August 2018, 08:20 |
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Why I think Hurricane Energy really is worth nearly £1 billion and maintain a conviction buy
Regular readers of ShareProphets will know that I am usually very wary of any natural resources company that isn’t actually producing anything, especially if they are valued in the hundreds of millions.
- By Gary Newman |
- 9 August 2018, 08:15 |
BigDish – update as UK Investor Show pick rises on UK growth strategy announcement
Having IPO’d at 4.5p last week, shares in ‘restaurant yield management platform’ company BigDish (DISH) yesterday - on the back of a “BigDish UK Growth Strategy” announcement - closed up at 5.375p; Good news as this was a UK Investor Show Dragon's Den pick from myself…
- By Steve Moore |
- 9 August 2018, 08:05 |
Oil in Oil BP, the Gushing Profit-Grower, Looks Set to Slither Ahead
Hello, Share Seekers. Having just filled my tank at huge cost, I rather think that the BP (BP.) balance sheet is having a jolly old time. The price of Brent Crude has been dithering lately, due to a surfeit of the black stuff in America. And yet the price at the pumps has soared.
- By Malcolm Stacey |
- 9 August 2018, 08:03 |
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Tom Winnifrith Bearcast: is Elon Musk of Tesla going to jail and UKOG's latest smear c/o the Daily Mail is a new low
In this podcast I cover Tesla (TSLA) which is curiouser and curiouser, Optibiotix (OPTI) and the parasitic vampire that is ADVFN (AFN), Great Western Mining (GWMO), Toople (TOOP), Angus Energy (ANGS), the Brockham Well, UK Oil & Gas (UKOG) anmd its latest despicable smear c/o yellow journalists at The Daily Mail and cheered on by the vermin paid share rampers of LSE Share Talk
- By Tom Winnifrith |
- 8 August 2018, 16:11 |
Photo Article: Another reason to go to a JD Wetherspoon today
JD Wetherspoon (JDW) led by its founder, our great hero, Tim Martin, has introduced some new Brexit beer mats at its pubs. Yet another reason to pop along today for a pint as you can see below...
- By Tom Winnifrith |
- 8 August 2018, 16:09 |
Hill & Smith – from ‘reconfirms its expectations’ to profit warning in less than 3 months (& should have been earlier!)
Hill & Smith (HILS) has announced results for the first half of 2018 – and having updated on 17th May, “...project delays and the weather-impacted start to the year in the UK... Since mid-March, the group has experienced improved order intake across its UK road and utilities businesses while continuing to record strong performances in both the US and French operations. The board reconfirms that its expectations for the full year remain unchanged”, the shares are currently circa 20% lower on the day at around 1200p…
- By Steve Moore |
- 8 August 2018, 14:58 |
Professor Richard Conroy you are talking buinneach
Perhaps my Gaelic is not quite up to scratch and I am willing to stand corrected by the founder and chairman of Conroy Gold & Natural Resources (CGNR) but I am trying to say in the language of "the old country" that he is talking bollocks in today's news release.
- By Tom Winnifrith |
- 8 August 2018, 11:45 |
InnovaDerma – “Appointment of CEO and Roots to be ranged in Tesco” enough to justify share price jump?
I first warned on shares in InnovaDerma (IDP) in January as they fell towards 230p. Less than two months later it was a profit warning, though the shares are currently bouncing more than 25% higher today, towards 140p – a market cap of circa £20 million, on the back of an “Appointment of CEO and Roots to be ranged in Tesco” announcement…
- By Steve Moore |
- 8 August 2018, 11:39 |
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BlueJay Mining - the 1 simple question SP Angel refuses to answer - why?
My patience with BlueJay Mining (JAY) and its Nomad and broker SP Angel is now wearing thin. Yesterday I explained how the two grotestquely misled investors with an RNS. I have emailed John Meyer at SP Angel today with a follow up question which he and his firm just seem unwilling to answer. It is a critical question and the silence is deafening.
- By Tom Winnifrith, The Sheriff of AIM |
- 8 August 2018, 11:08 |
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Lucian Miers: Bloodbath on Tesla Street - my worst trade in 10 years (or maybe not?)
Yesterday started badly for the bears when it emerged c/o the FT that the Saudi Sovereign Wealth Fund had built up a stake of 3-5% in Tesla (US:TSLA) via market purchases. It then got worse as CEO Elon Musk tweeted, yes tweeted rather than announcing via a formal announcement, that he was considering taking the company private at $420 a share and had funding.
- By Tom Winnifrith |
- 8 August 2018, 10:16 |
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Quilter - spin-off opportunity?
I loved up Old Mutual (OMU) as an African-influenced play a couple of UK Investor Shows ago, but what ultimately pushed the shares up was that it split the business into its constituent parts including the wealth management business Quilter (QLT) – which announced its inaugural independent results today.
- By Chris Bailey |
- 8 August 2018, 09:40 |
Tern – trivial director purchases show yesterday’s news was just a ramp
AIM-listed Tern (TERN) has announced that two of its directors have been purchasing shares. Normally one would pay attention, but there are good reasons to see through this as just a spoof.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 8 August 2018, 08:36 |
Imaginatik – at 10p to buy, this is surely insane!
AIM-listed former Rob Terry stockmarket darling Imaginatek (IMTK) has been on a glorious run since it first emerged that Vin Murria might take the helm and use it as her new vehicle. Of course, that is really good news for Vin Murria walks on water, but 10p to buy? Surely you’re ‘avin’ a giraffe!
- By Nigel Somerville |
- 8 August 2018, 08:30 |
Perhaps Not the Time to Wimp Out of Taylor Wimpey, Chums, as the Divi Could Hit 10%
More and more of us, I suspect, are beginning to follow the sage advice of my noble colleague Nigel Somerville in recognising the blossoming importance of juicier dividends. Though the capital assets of our babies are mostly rising in the long-running bull market, a lot of us rely on dividends for our daily bread.
- By Malcolm Stacey |
- 8 August 2018, 08:22 |
Harvey Nash – “pleased to announce” a recommended offer. Hmmm…
The independent directors of Harvey Nash Group (HVN) and the board of an entity of DBAY Advisors Ltd “are pleased to announce” that they have agreed terms for a recommended cash offer for Harvey Nash. With this technology recruitment and outsourcing group having recently emphasised “the strong organic growth reported in the second half of last year has continued into the current year and the first quarter is tracking ahead of budget… we are confident of continuing to make significant progress in 2018”, a premium price?...
- By Steve Moore |
- 7 August 2018, 16:14 |
Optibiotix – New heavy hitter NED arrives HOLD TIGHT
Optibiotix (OPTI) has announced that subject to regulatory clearance, a formality, it will appoint Sean Christie as an additional Non-Executive Director.
- By HotStockRockets |
- 7 August 2018, 15:57 |
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Tom Winnifrith Bearcast: BlueJay Mining I accuse you, and shamed Nomad low life SP Angel, of misleading investors
Bluejay (JAY) says it knows of no reason why its shares have fallen in the past couple of days. Sorry but that is 100% bollocks. It knows the reason, I tell you what it is and Bluejay's denial is a massive red flag. How did Nomad SP Angel - of MySquar infamy - sign off on this crap? I also look at Pantheon Resources (PANR) where the choice is dilution route A or dilution route B and at Imaginatik (IMTK). I know Vin Murria, of whose fan club I am the founder & life President, walks on stockmarket water but....
- By Tom Winnifrith |
- 7 August 2018, 15:38 |