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Why it is often difficult to value small resource companies accurately
Valuing small resource companies can be difficult, and often they will appear to be far cheaper than they really are. The bulletin boards, Twitter, etc are full of people extolling the virtues of the companies that they are invested in and pointing out that they should be worth far more than what the share price currently reflects.
- By Gary Newman |
- 30 December 2016, 01:04 |
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ShareProphets Share Tips of the year Number 18 - buy Wishbone Gold says Tom Winnifrith
You want your share tip of the year to have the potential to double or treble. You will not get that with GlaxoSmithKline (GSK). Equally it is incredibly unlikely that you might lose 75% of your cash on Glaxo. Elephants do not gallop eith forwards or backwards. My third tip of the year is a stock that could lose 75% and become a cash shell. But it is also one that could easily treble and I think he odds are on the treble not the collapse. I refer to Wishbone Gold (WSBN)
- By Tom Winnifrith |
- 30 December 2016, 01:04 |
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SyQic– Surprise, surprise, it’s been kicked off the AIM casino…..so what went wrong?
The story that I first covered back in June HERE came to its all too predictable end yesterday with the announcement of the forthcoming cancellation of SyQic (SYQ) from AIM. Nevertheless, it is still worth spending a bit of time reflecting on the turn of events so that one can recognise the red flags in the future and avoid a similar investment disaster in the future.
- By Cynical Bear |
- 30 December 2016, 01:03 |
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BREAKING: Eden Research Interims - the accounting rule breach to hide the fraud
Now Eden Research (EDEN) is forced to break accounting rules and lie in its interim results RNS to cover up the Terpenetech panama pump fraud. Will commission hungry Nomad and broker Shore Cap force a clarification or even do the decent thing and resign and turn whistleblower. Whaddya think with another bailout placing looming. Commission yum yum. back to the rule breach and the lie...
- By Tom Winnifrith, The Sheriff of AIM |
- 30 December 2016, 01:02 |
Festive Break 2016: The view from ShareProphets' readers' windows - Boa Vista, Cape Verde
Each day until New Year's Day, we a showing a photo taken through the window of a ShareProphets reader. Today's snap is a Saharan sandstorm in Boa Vista, Cape Verde.
- By Darren Atwater |
- 30 December 2016, 01:02 |
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Sell Jim Mellon's Port Erin Biopharma: the facts have changed
I wrote in May of this year that the price of Port Erin Biopharma (PEBI) was trading at a large enough discount to Net Asset Value that it was worth taking a position. At the time, it was trading in the 4-4.5p range; its now at 5.625p in the middle but with a pretty wide spread. But it is time to sell because the facts have changed substantially.
- By Kelvin Prescott |
- 30 December 2016, 01:01 |
Here's Another Share Which Could Spurt Up with the Growing Oil Price.
Hello Share Splodgers. Have you considered buying shares in Petrofac (PFC)? It’s one of the world’s biggest providers of infrastructure, including buildings and equipment to the oil and gas world.
- By Malcolm Stacey |
- 30 December 2016, 01:00 |
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Tom Winnifrith Bearcast: Why Criminal Aidan Earley must be defeated for the sake of AIM and for Natural Justice
If the bonkers convicted criminal Aidan Earley goes through with his threat and takes legal action against me I shall see him in court and - once again - I shall defeat him. I explain what happened last time we met and why it is vital that Earley is now crushed. If he wins I shall quit writing about shares and this website will close. You say "so what?". The point is that if Earley wins it will become suicidal to run negative articles even on the most blatant of frauds, he will have established this principle. London will become a safe haven for fraudsters. That is what Earley wants. This article HERE is referred to when I say how FEW companies I accuse of fraud, contrary to what the dirty little criminal Earley says.
- By Tom Winnifrith |
- 29 December 2016, 01:39 |
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ShareProphets share tips of the year Number 16: Sell IGAS says Nigel Somerville
A year ago I made AIM-listed Igas Energy (IGAS) my one suggestion – as a sell - as part of the ShareProphets tipfest for 2016. Without wishing to sound like a broken record, it is still a sell – and the clock is really ticking now especially in the light of this morning’s RNS.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 29 December 2016, 01:38 |
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ShareProphets Share Tips of the year 2017: No 15 Buy Centamin says Malcolm Stacey
Hello Share Hopers. Gold prices are not as high as they might be, given the shakiness of the major currencies over this year. These currencies may be come even more unstable in 2017 - the dollar, euro and pound.
- By Malcolm Stacey |
- 29 December 2016, 01:29 |
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If Aidan Earley is about to get your posts on ADVFN removed - copy them and send them to us and we will publish in full.
Convicted criminal Aiden Earley has today sent a lawyers letter to ADVFN (AFN) threatening it, unless it removes posts made by certain individuals within 48 hours. The insurance policy ADVFN has is standard for Bulletin Boards and means that it is almost certain to remove the posts even though it knows that they are not defamatory in any way shape or form. So much for free speech in the UK.
- By Tom Winnifrith |
- 29 December 2016, 01:26 |
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Open Letter to AIM Regulation: Does AIM Rule 26 count for anything? (ref F40 Taihua)
The broken record is still going with regard to ShareProphets AIM-China Filthy Forty play Taihua (TAIH) and its missing website, the share buy-back promised back in August (and funded from an Open Offer) and, of course, the update over related party receivables which the auditor wouldn’t sign off in last year’s accounts. Now, in the season of goodwill, it is time for one last missive for 2016 to the oxymorons at AIM Regulation with regard to compliance with AIM Rule 26. We just such nice guys here at ShareProphets, we just want to help.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 29 December 2016, 01:18 |
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ShareProphets share tip of the year Number 14: Cynical Bear says sell Nektan
I wasn’t writing for Shareprophets a year ago but I called Nektan (NKTN) as my bear pick of the year on 14 January and it has played out as I envisaged with the share price dropping from its 31 December 2015 price of 130p to 32p today – a drop of 75%; but I think there’s still some way to go as I sense matters are coming to a head.
- By Cynical Bear |
- 29 December 2016, 01:16 |
Festive Break 2016: The view from ShareProphets' readers' windows - Ocean Grove, Victoria, Australia
Each day until New Year's Day, we a showing a photo taken through the window of a ShareProphets reader. Today's snap is by Andrew, in the snowy horrors of Ocean Grove, Victoria, Australia.
- By Pizza Hardman Darren Atwater |
- 29 December 2016, 01:07 |
ShareProphets 2016 New Year “bury bad news” Sweepstake
We had, according to the totally unbiased panel from the Global Shorting Conspiracy, a stonking 23 bad news RNSs released on the last trading day before Christmas - with a couple of stand-out releases from Kenmare (KMR) and TLA Worldwide (TLA) which really took the biscuit. But how many will we see this Friday, the last trading (half-) day of the year? Place your bets….
- By Ebenezer Hogmanay |
- 29 December 2016, 01:06 |
Is Wincanton a Win, Win Situation? A Few Reasons Why it Might be.
Hello Share Crunchers. May I bring to your attention Wincanton (WIN) a freight haulage firm. It’s been described as a provider of supply chain solutions, but I expect you join me in ridiculing fancy descriptions like that.
- By Malcolm Stacey |
- 29 December 2016, 01:03 |
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Convicted criminal Aidan Earley threatens Tom Winnifrith and ADVFN as Worthington loses another Court case and really is BUST now.
Oh dear, Oh dear. The end is not only nigh it has arrived for the fraud Worthington (WRN). On 19 December it appealed against the Court Order putting it into liquidation. The case was held at what convicted criminal Aidan must regard as his home from home, the High Court.
- By Tom Winnifrith |
- 28 December 2016, 06:59 |
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The Avanti Coms Annual Report Released at 2.22 - Gem number 2, rewarding greedy CEO David Williams for failure
112 minutes after the stockmarket closed on the Friday before Christmas Avanti Communications (AVN) published a red flag strewn annual report. I have already raised one mighty red flag HERE and more will follow. But now just consider how the bombastic prick of a CEO David Williams was rewarded so handsomely for failure. Shares in Avanti are just 23p today. They were c£8 when Williams sold millions of quid worth of shares as he ramped away after the launch of Hylas 1 back in 2011.
- By Tom Winnifrith, The Sheriff of AIM |
- 28 December 2016, 04:26 |
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Tom Winnifrith Bearcast: I earn £1.50 off my Dad, Bovis is the canary in the coalmine for housepriceageddon
One of yesterday's macro calls from the bearcast HERE is already looking good with today's warning from Bovis (BVS) which I cover in detail. I also look at Avanti Communications (AVN), United Cacao (CHOC), Cloudtag (CTAG), Harvest Minerals (HMI) and at the latest disastrous news about Slater & Gordon (SGH). Happy Christmas Aussie poltroons: wa,wa,wa wa wipeout! The article about the loathsome Guardian I reference is HERE
- By Tom Winnifrith |
- 28 December 2016, 04:06 |
Vela Interims - These admin expenses we like
Tired of AIM boards who take the piss, bigging it up at the expense of shareholders? Yes we are too. So before going any further we note with some pleasure that half year admin expenses at Vela PLC (VELA) were just £62,000. That is good. Well done.
- By HotStockRockets |
- 28 December 2016, 03:48 |