The good news is that Filthy Lucre will have less to moan about on this website. The bad news for fraudsters is that ShareProphets needs a new editor as Tom Winnifrith has been seconded to head up a new team at the FCA - with immediate effect as of noon today, April 1.
From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the most shorted shares (by net short position %) and if this position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE.
Yesterday, mobile marketing pioneer CDialogues (CDOG) reported a strong set of first half results, in line with broker expectations. The company posted triple-digit growth in both revenues (+106% to €4.1 million) and pre-tax profit (+111% to €1.3 million), both 3% ahead of the May pre-IPO forecasts. Broker Mirabaud has responded with a buy note at 275p setting a 330p target price for the shares.
The market has not reacted well to interims from Vislink (VLK) marking the stock down to 45p but research Equity Development reckons that Mr Market has got it very wrong. It predicts a “blowout” second half boosted by a five year partnership with Nasdaq listed Harmonic (US:HLIT), reckons that its own 2015 numbers are cautious and has increased its target price from 70p to 75p.
The new Sprott Gold Miners ETF (NYSE: SGDM) was launched in July. SGDM focuses on major mining and streaming companies and offers investors an innovative new way to gain exposure to gold equities. The Sprott ETF provides all the aspects of traditional ETFs that investors like – a low management fee (0.57%), passive management, exposure to a diversified basket of stocks, and full disclosure of holdings on a daily basis – with an alternative indexing methodology for selecting the holdings of the portfolio.
Broker Fox Davies has published a new note on EMED Mining (EMED) in the wake of results and a recent placing with Chinese investors – it reckons that the shares should more than double from 8p.
House broker to Plexus (POS), Cenkos has today published a new note increasing its 2014 forecasts materially and introducing 2015 forecasts for the first time. At 264p analyst Ian McInally rates the shares as a “buy.”
Henry Bonner is an analyst with Sprott Global. He recently interviewed Ian Gordon of Longwave Analytics. We have published this interview below;
Ian Gordon created Longwave Analytics, which studies the Longwave principle, by which economies obey long-term cyclical trends of expansion and contraction. Eric Sprott is an avid reader -- he suggested I interview Ian Gordon for his take on the role of Kondratiev’s ‘long wave cycle’ in explaining the economic environment we are seeing today.
Sprott Global has just interviewed Alasdair Macleod. Alasdair writes the blog FinanceAndEconomics.Org. His research aims to explain the relationship between the dollar and gold, and to warn investors about the biggest threats to their wealth from macro-economic events. Besides what the Fed is doing by printing money, there is another big threat to the dollar, said Alasdair. Countries in Asia are banding together in order to rid themselves of using the dollar in international trade.
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