Having asked for readers tips for 2023 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2023 harvest) HERE, the following is an update at the August bank holiday (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE, AIM casino or Aquis lobster pot and the stocks not to have been suspended at the commencement of 2023). Will Tom be sending the Greek Hovel olive oil to himself?...
Having asked for readers tips for 2023 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2023 harvest) HERE, the following is an update at the late-May bank holiday (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE, AIM casino or Aquis lobster pot and the stocks not to have been suspended at the commencement of 2023).
Having asked for readers tips for 2023 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2023 harvest) HERE, the following is the end-April update (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE, AIM casino or Aquis lobster pot and the stocks not to have been suspended at the commencement of 2023).
Having asked for readers tips for 2023 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2023 harvest) HERE, the following is an Easter update (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE, AIM casino or Aquis lobster pot and the stocks not to have been suspended at the commencement of 2023).
Having asked for readers tips for 2023 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2023 harvest) HERE, the following is the second of the monthly updates (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE, AIM casino or Aquis lobster pot and the stocks not to have been suspended at the commencement of 2023).
Having asked for readers tips for 2023 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2023 harvest) HERE, the following is the first of the monthly updates (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE, AIM casino or Aquis lobster pot and the stocks not to have been suspended at the commencement of 2023).
Having asked for readers tips for 2023 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2023 harvest) HERE, the following is the list of entrants (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE, AIM casino or Aquis lobster pot and the stocks not to have been suspended at the commencement of 2023).
Having asked for readers tips for 2022 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2022 harvest) HERE, the following is the competition result (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE, AIM casino or Aquis lobster pot and the stocks not to have been suspended at the commencement of 2022). And the winner is...
Having asked for readers tips for 2022 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2022 harvest) HERE, the following is an update on performance with now under two weeks to go (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE, AIM casino or Aquis lobster pot and the stocks not to have been suspended at the commencement of 2022).
Having asked for readers tips for 2022 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2022 harvest) HERE, the following is the monthly update on performance with now (just over) one month to go (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE, AIM casino or Aquis lobster pot and the stocks not to have been suspended at the commencement of 2022).
Having asked for readers tips for 2022 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2022 harvest) HERE, the following is the monthly update on performance with now (just under) two months to go (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE, AIM casino or Aquis lobster pot and the stocks not to have been suspended at the commencement of 2022).
Having asked for readers tips for 2022 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2022 harvest) HERE, following the August bank holiday update on performance, here is the latest (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE, AIM casino or Aquis lobster pot and the stocks not to have been suspended at the commencement of 2022).
Having asked for readers tips for 2022 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2022 harvest) HERE, the following is a, late-August, bank holiday update on performance (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE, AIM casino or Aquis lobster pot and the stocks not to have been suspended at the commencement of 2022).
Having asked for readers tips for 2022 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2022 harvest) HERE, the following is the end-July monthly update on performance (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE, AIM casino or Aquis lobster pot and the stocks not to have been suspended at the commencement of 2022).
Having asked for readers tips for 2022 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2022 harvest) HERE, the following is the (just after) six months update on performance (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE, AIM casino or Aquis lobster pot and the stocks not to have been suspended at the commencement of 2022).
Pass the sick bag. You might think that Sam Smith opted to quit as boss of FinnCap (FCAP) the other day was because in the three and a half years since its IPO the shares have slumped by a third despite City advisers hauling in record fees for the past two years. But as the bear market growls it is a matter of when, not if, FinnCrap serves up a dire profits warning so it is better to walk now before the merde really hits the proverbial. But today's Femail section of the appalling Daily Mail suggests there is a lot more to the story. For starters did you know that the firm Sam started was in the the FTSE 100?
Having asked for readers tips for 2022 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2022 harvest) HERE, the following is the (just after) five months update on performance (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE, AIM casino or Aquis lobster pot and the stocks not to have been suspended at the commencement of 2022)...
A note out on 26th April 2022 from AIM-listed Origo Partners (OPP)updated its long suffering followers that its shares would be suspended from the month end, as its Nomad, Arden Partners, was being acquired and was giving up on the Nomad business. But since the asset disposal programme was almost finished, the company advised that it was not looking for a replacement. So as of 30 May 2022 Origo’s career of the AIM Casino will be history.
Having asked for readers tips for 2022 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2022 harvest) HERE, the following is the end-April monthly update on performance (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE, AIM casino or Aquis lobster pot and the stocks not to have been suspended at the commencement of 2022)...
Having asked for readers tips for 2022 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2022 harvest) HERE, the following is an Easter update on performance (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE, AIM casino or Aquis lobster pot and the stocks not to have been suspended at the commencement of 2022)...
Having asked for readers tips for 2022 for the prize of 1/2 litre of Tom Winnifrith’s Greek Hovel olive oil (2022 harvest) HERE, the following is the end-February monthly update on performance (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE, AIM casino or Aquis lobster pot and the stocks not to have been suspended at the commencement of 2022)…
Having asked for readers tips for 2022 for the prize of 1/2 litre of Tom Winnifrith’s Greek Hovel olive oil (2022 harvest) HERE, the following is the first monthly update on performance (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE, AIM casino or Aquis lobster pot and the stocks not to have been suspended at the commencement of 2022)…
As who will win the 2021 ShareProphets readers tips competition falls – the result to be revealed on this website later this week, the 2022 competition is now launched. The prize is 1/2 litre of Tom Winnifrith’s Greek Hovel olive oil (2022 harvest). To enter, just put in the Comments to this article - on a once per username basis - one buy & one sell pick from the LSE, Aquis lobster pot or AIM casino (with the stocks not suspended at the commencement of 2022). Entry closes & prices – buys offer price (and performance measured to bid price) and sells vice-versa – are from before the RNSs start at 7am on Tuesday 4th January 2022. Steve Moore will again update monthly on how the competition is progressing. Good luck all…
Having asked for readers tips for 2021 for the prize of 1/2 litre of Tom Winnifrith’s Greek Hovel olive oil (2021 harvest) HERE, the following is the competition result (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2021)… And the winner is…
Having asked for readers tips for 2021 for the prize of 1/2 litre of Tom Winnifrith’s Greek Hovel olive oil (2021 harvest) HERE, the following is an update on performance with just one month to go (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2021)…
Having asked for readers tips for 2021 for the prize of 1/2 litre of Tom Winnifrith’s Greek Hovel olive oil (2021 harvest) HERE, the following is an update on performance as at the end of October (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2021)…
Having asked for readers tips for 2021 for the prize of 1/2 litre of Tom Winnifrith’s Greek Hovel olive oil (2021 harvest) HERE, the following is an update on performance as at the end of September (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2021)…
Having asked for readers tips for 2021 for the prize of 1/2 litre of Tom Winnifrith’s Greek Hovel olive oil (2021 harvest) HERE, the following is an update on performance as at the end of August (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2021)…
Having asked for readers tips for 2021 for the prize of 1/2 litre of Tom Winnifrith’s Greek Hovel olive oil (2021 harvest) HERE, the following is an update on performance as at the end of July (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2021)…
Having commented on the potential insider trading and undeclared related party deal at Predator Oil and Gas (PRD) only a few days ago and triggered Tom Winnifrith to write to the FCA, I’ve been drawn back again to look at a few further aspects. So often when you find something really questionable going on within a company, it is rarely a one-off and it would appear to be the case for this company.
Having asked for readers tips for 2021 for the prize of 1/2 litre of Tom Winnifrith’s Greek Hovel olive oil (2021 harvest) HERE, the following is an update on performance as at the end of June (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2021)…
AIM-listed online women’s fashionwear purveyor Sosandar (SOS) has announced a new Long Term Incentive Plan to incentivise its executive directors and senior management team. Over 21 million nil-cost options have been handed out, which seems pretty hefty in comparison to the 166 million shares currently in issue (according to ADVFN, although as Pierotlunaire points out recent TR-1s suggest the total is 221m bits of confetti).
Having asked for readers tips for 2021 for the prize of 1/2 litre of Tom Winnifrith’s Greek Hovel olive oil (2021 harvest) HERE, the following is an update on performance as at the end of May (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2021)…
Having asked for readers tips for 2021 for the prize of 1/2 litre of Tom Winnifrith’s Greek Hovel olive oil (2021 harvest) HERE, the following is an update on performance as at the end of April (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2021)…
Having asked for readers tips for 2021 for the prize of 1/2 litre of Tom Winnifrith’s Greek Hovel olive oil (2021 harvest) HERE, the following is an update on performance as at Easter (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2021)…
Having asked for readers tips for 2021 for the prize of 1/2 litre of Tom Winnifrith’s Greek Hovel olive oil (2021 harvest) HERE, the following is an update on performance as at the end of February (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2021)…
Perennial AIM casino disappointer TrakM8 (TRAK) started today’s statement with the good news: a modest contract win. But this company never fails to disappoint and so having hyped its H2 prospects before Christmas now we have the bad news.
As you are aware, Marcus Stuttard, the clueless bogus Sheriff of AIM who heads up the Oxymorons at AIM Regulation, continues to insist that his market is a great success. Indeed he recently stated:
We live in times of sheer insanity. It is a rampers’ paradise and cometh the day cometh the four horsemen of the rampfest apocalypse. I bring you a tale of sheer insanity from the Aquis lobster pot market, formerly the NEX Exchange. It starts with what was once PGC Entertainment (PGCE), a serial uber dog which was eventually slung off the AIM casino. I should say that its boss is my pal Richard Poulden.
Having asked for readers tips for 2021 for the prize of 1/2 litre of Tom Winnifrith’s Greek Hovel olive oil (2021 harvest) HERE, the following is the first monthly update on performance (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2021)…
At 11.00 am on Friday morning, St James House (SJH) fessed up that there would be yet another delay in the publication of its annual accounts for the year ended 31 January 2020.
Shares in Ms Willingham’s AIM-listed Nightcap (NGHT) are the 3rd biggest riser on the Casino today, up 26% at 17p on the back of an article in the Mail on Sunday by Ms Harriet Dennys which, as I pointed out yesterday, is total bollocks and a deceipt. It quotes Ms Willingham and the question is has she told a monstrous lie or is Ms Dennys just making things up? With the shares roofing it, I have written to the Oxymorons at AIM Regulation as the company needs to comment urgently. This is a false market.
If you have invested in the IPO of her Nightcap (NGHT) company on AIM, I suggest that you have been. This company could go bust by the summer and should never have been allowed on the Casino. What on earth have Nomad Allenby and AIM Regulation been smoking?
Gary Newman got much grief in times gone by for warning folks about this dog. Today, I imagine he will be enjoying extra ouzo with his fishcakes as the shares were suspended from AIM as the one month notice period of, now, former Nomad Strand Hanson came to a close. But what next?
Having asked for readers tips for 2021 for the prize of 1/2 litre of Tom Winnifrith’s Greek Hovel olive oil (2021 harvest), the following are the entrants (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2021)…
As who will win the 2020 ShareProphets readers tips competition falls – the result to be revealed on this website in the next day or so, the 2021 competition is now launched. The prize is 1/2 litre of Tom Winnifrith’s Greek Hovel olive oil (2021 harvest). To enter, just put in the Comments to this article – on a once per username basis - one buy & one sell pick from the LSE or AIM Casino (with the stocks not to be suspended at the commencement of 2021). Entry closes & prices – buys offer price (and performance measured to bid price) and sells vice-versa – are from before the RNSs start at 7am on Monday 4th January 2021. Steve Moore will again update monthly on how the competition is progressing. Good luck all…
Having asked for readers tips for 2020 for the prize of 1/2 litre of Tom Winnifrith’s Greek Hovel olive oil (2020 harvest) HERE, the following is the competition result (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2020)… and the winner is…
You cannot say that I have not warned you all so many times that Octagonal (OCT) would end in tears. Corporate Governance and related party deals involving boss John Gunn were shocking and Nilesh Jagatia is, without doubt, the worst FD on the AIM casino. Today came news of a delisting and the shares have collapsed by almost 70% to just 0.7p. I do hope that the Bulletin Board Morons who knew so much better than useless old Tom Winnifrith, were well lubed up.
After the company’s PR firm managed to persuade another lacky journalist at the Sunday Times to do a massive puff piece for Nightcap, a firm run by Dragon’s Den Sarah Willingham, I am this morning invited to invest in the AIM Casino IPO via Primary Bid. Here is what the Sunday Times and other pliant hacks do not tell you and this is why “I’m out” on this one. I’d rather eat my own toenails than invest.
The AIM statistics for November 2020 are out and show that the market declined from 821 companies at the end of October to 820 companies, with 5 cancellations and 4 admissions (i3 energy appeared in both categories). This marks a net decline of 43 companies since December 2019.
I accept that you might justifiably question a minor institution in the Fens which has historically only excelled in the production of homosexual Russian spies. But Cambridge University is not all bad and today it has served up data which should send shivers down the spine of those holding shares in Novacyt (NCYT) or planning to back the luducrous AIM Casino IPO, announced today, of Abingdon Health.
Having asked for readers tips for 2020 for the prize of 1/2 litre of Tom Winnifrith’s Greek Hovel olive oil (2020 harvest) HERE, the following is an update on performance at the end of November (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2020). How are the standings with just one month to go?…
Over the weekend, I revealed the second reason why the RNS issued by cash-guzzling AIM Casino promote Powerhouse Energy (PHE) was grossly misleading. I have now written to the Oxymorons at AIM Regulation urging them to force Powerhouse and its shoddy Nomad WH Ireland to issue a full clarification and to face formal censure.
Lekoil (LEK) – the AIM casino company of fake sheikh infamy – has today announced that its Nomad, Strand Hanson, will quit with effect from 20 November, that is to say Friday. But fear not, discussions with another Nomad – one would assume the joint broker SP Angel which will act for anyone at all, no questions asked – are “advanced”.
Having asked for readers tips for 2020 for the prize of 1/2 litre of Tom Winnifrith’s Greek Hovel olive oil (2020 harvest) HERE, the following is an update on performance at the end of October (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2020)…
Having asked for readers tips for 2020 for the prize of 1/2 litre of Tom Winnifrith’s Greek Hovel olive oil (2020 harvest) HERE, the following is an update on performance at the end of September (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2020)…
Welcome Lord David Willetts to the world of turd polishing on the AIM casino and your first interim results at Verditek (VDTK). It’s time for some more share ramping and lying to investors as you guys really do need a bailout placing asap.
Limitless Earth Plc (LME) has published its annual report for the year ended 31 January 2020 which was approved on 30 July 2020. Readers might recall that in my previous article I called out a number of issues with respect to the accounts as prepared by Nilesh Jagatia, a man who is, without doubt, the worst FD on the AIM Casino. And the competition for that title is truly intense.
Having asked for readers tips for 2020 for the prize of 1/2 litre of Tom Winnifrith’s Greek Hovel olive oil (2020 harvest) HERE, the following is an update on performance at the end of August (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2020)…
Shares in FastJet (FJET) have today left the AIM casino so are now untradeable, as well as essentially worthless. Remaining investors face mega dilution or administration or most possibly both. Having warned folks extensively over the years about an operation first set up to smuggle tobacco and which just could not turn a legitimate cent, I feel somewhat vindicated. But there is more… Citigate Dewe Rogerson and the half to £1 million of shareholders cash spunked on nothing!
On June 29 this year, just over a month ago, the management of Reach4Entertainment (R4E) told us that despite the lockdown of the London and New York theatres it serviced, it was sitting, as a result of prudent cash management, on net funds of £12 million – almost thrice the market cap. Today, 5 weeks later, we are told the company is leaving AIM and worse is to come. Shareholders, you are being screwed by management and big shareholders such as fund manager Katie Potts and Nigel Wray…
Having asked for readers tips for 2020 for the prize of 1/2 litre of Tom Winnifrith’s Greek Hovel olive oil (2020 harvest) HERE, the following is an update on performance at the end of July (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2020)…
Up in the high woods of Montana, just below the snow line, today’s listing of AEX Gold (AEXG) will surely cause stirrings of unrest for our in house gold loon Nigel Somerville. Or maybe a grizzly has eaten the wires to Nigel’s satellite dish and he is blissfully unaware of today’s events.
This work is not mine. The author craves anonymity but the dossier below is excelllent, detailed and makes a compelling bear case for a darling of the AIM Casino. The author wants the work to see the light of day and so wishes it to go out in my name. If the company has any objections or wishes to get bully boy lawyers involved, it can direct them to me. We will see the bitchez in court! Enjoy. This is devestating.
Having asked for readers tips for 2020 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2020 harvest) HERE, the following is an update on performance at the end of June (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2020)...
The continuing suspension of Eurasia Mining (EUA) makes no sense at all, at least not without another statement from the company on why it is still suspended. What is happening now is in clear breach of AIM rules. Thus an upstanding and concerned citizen who is, I believe, short of the shares though that is irrelevant has written to morally bankrupt Nomad SP Angel and the Oxymorons at AIM Regulation, demanding that rules be adhered to. The letter is below:
Blur Group (BLUR) floated at 82p and half a decade and a name change later delisted from the AIM casino at 0.23p. In its five years of AIM casino infamy led by CEO Philipl Letts and his ghastly Mrs, Kara Cardinale, who was the Chief Delivery Officer, it was slammed by the FRC for dodgy accounting, had numerous lack of profits warnings and bailout placings and was a case study in value destruction. As a reminder here is the track record during Letts' tenure as CEO:
With shares in Avacta (AVCT) ludicrously overvalued at 138p the company rightly fears that when the second tranche of stock from the recent placing at 120p is admitted to the AIM Casino tomorrow there will be a line of folks wanting to flip. What to do? Of course, get your evil morally bankrupt PR spinners at Yellow Jersey to issue complete non news and make it sound exciting. Heck Yellow Jersey managed to persuade suckers to pile into mega and obvious fraud Frontera (FRR) so they can push any shite uphill. For a while at least.
Squiggles-in-the-sand specialist and all round Good German, the Sith Lord Zak Mir, noted yesterday that his bullish comments on POSs on the AIM Casino tend to trigger bear articles on this fine website in his lead-up to comments on AIM-listed Tern plc (TERN). Well I don’t want to disappoint him….after all, as you all know, I’m all heart.
I start with a few words on the hard working, courageous and heroic teachers. Then it is Barry the Tit from Turner Pope who cannot read and insults the professionalism of Gary Newman but raises a wider point about how AIM and brokerages operate. Barry is a tit but I regard his employer as Best of Breed although if I had my way the breed would not exist if the Casino was run according to new rules I suggest. Finally a look at the idea from Eric "snotgobbler" Platt of the Financial Times that the greatest living investor, Mr Warren Buffett, might be past his sell by date. Hat tip on the last point to Jim Mellon.
At every step the last few days have seen Powerhouse Energy (PHE) show everything that is wrong with life among the dregs of the AIM Casino. Today a new chapter but as a reminder....
Having asked for readers tips for 2020 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2020 harvest) HERE, the following is an update on performance at the end of May (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2020)...
In yesterday's bearcast I discussed why Boohoo (BOO) did not move from the AIM casino to the main market. Some interpret this as me saying the shares are a buy. Au contraire on a PE of 60 the risk reward trade off looks dreadful. Yesterday i recorded a video with Boohoo's greatest critic Matt Earl and that should go live within 24 hours and that will, I suspect, raise many more questions that bulls cannot answer. Now the Sunday Telegraph brings news of US legal action and I publish the Ciurt filings in full below. Ouch!
Attis Oil & Gas (AOGL) formerly Mayan Energy and Northcote Energy has long been a stain on the underbelly of the AIM casino. Today it enters a new chapter of infamy and once again the architect is broker Peterhouse Corporate Finance. Before today there were 3.9 billion shares in issue. Now, following a debt for equity swap and a placing at just 0.0115p, there are 14.7 billion and Peterhouse has been given enough warrants to take the fully diluted total to 15 billion.
Myself and some friends from here, the last village in Wales, walked the track around the 3 farthest fields at the Welsh Hovel and it is 1.1 kilometres long. That means that on June 13 I shall walk the circuit 50 times exactly raising the money Woodlarks needs just to survive into 2021. Today I did three laps as I faced a busy day. Tomorrow it will be ten. Please donate a few quid today HERE. In the podcast I consider in long detail the timeline of major share dealings at AJ Bell (AJB) which just does not look right to me. There are a stack of questions going begging. Then it is onto Eurasa (EUA) and what will happen on Friday. Will SP Angel again show that it will act for anyone or will AIM Regulation wade in to ensure Eurasa is booted off the AIM Casino? I discuss that matter in detail.
If morally bankrupt Nomad of choice for fraudsters SP Angel has not agreed to act for it by Friday, Euasia Minining (EUA), whose last Nomad quit in disgust at Eurasia's antics, will see its shares slung off the AIM casino. I wonder if even SP Angel might find acting for this company, valued at suspension at a ludicrous £200 million, a step too far.
At the half year ended 31 March 2019, Catenae (CTEA) had net liabilities of £389,980. After adding the net loss for the second half of £287,330 (based on unaudited full year loss of £789,565 less half year loss of £502,941 and extrapolating the loss for another 7 months to end of April 2020 of £335,000 (based on 2nd half year run rate) results in net liabilities of £1,022,310.
Eden Research (EDEN) published its final results for the year ended 31 December 2019 yesterday. They were dire. But that is not the issue that regulators should be looking at long and hard as they question whether this company is fit to stay on the AIM Casino.
Having asked for readers tips for 2020 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2020 harvest) HERE, the following is an update on performance at the end of April (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2020)...
Folks often carp that Primary Bid offers are at the scuzzier end of the AIM casino. That charge cannot be levelled today. Inland Homes (INL) is a proper company and this is a serious, largely institutional, fund raise.
I am not sure how Nomad Strand Hanson managed to sign off on today’s misleading RNS from Nostra Terra (NTOG) but maybe we have all just come to expect that Matt Lofgran et al are just allowed to say whatever they wan t with no comeback. This is the AIM casino after all.
Just before the long Easter weekend, Eurasia Mining (EUA), shares in which have now been suspended for more than two months, issued a partial ‘fess up. As I flagged up almost two months ago, Nomad WH Ireland has indeed resigned but why?
Excluding ShareProphets Radio 27, the most read non-Tom article this week is Gold: Dislocation, dislocation, dislocation! It is all going only one way by Nigel Somerville, at number four or number 12 including Bearcasts.
Oops... this is more than a bit embarrassing for Goldstone Resources (GRL), its boss Ms Emma Priestley, hapless Nomad Strand Hanson and indeed the wider AIM Casino, aka the world’s most successful growth market. Shares in Goldstone were suspended at 1.30 PM as it appears the company does not actually exist and has not done so for half a year.
Having asked for readers tips for 2020 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2020 harvest) HERE, the following is an update on performance at the end of March (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2020)...
I swear i am not joking. I discuss my life with Evil (no, Mt BBM we are not gay lovers, stop sniggering at the back) and his remarkable macro view. I also reveal I have a treat for you all, keep May 8 in your diaries! In terms of stocks I look at the scandalous flouting of almost every rule by AIM Casino posterboy Conroy Gold & Natural Resources (CGNR) and the wider issue that the Oxymorons at AIM Regulation will do SFA about. I look at Burford (BUR) and more vindication for my pal Carson Block of Muddy Waters, at Carnival (CCL) - sorry Three Brains - and at Coro Energy (CORO) where the curse of James "Dracula" Parsons strikes again.
Limitless Earth (LME) is an AIM casino listed investment company which employs Nilesh Jagatia as its part chief financial officer at rate of £24,000 per annum. By CFO standards this is a pretty low amount but based on our findings below Limitless shareholders are being overcharged. After all, there is compelling evidence we have provided, over many years, that Nilesh is the worst CFO in London.
I start with a look at dividends in general and why they should be cut or axed but I discuss - as per today's most excellent article from Chris "Three Brains" Bailey - Imperial Brands (IMB) and Shell (RDSB) in particular. I am tempted to buy both because I think their shares will go up AFTER an inevitable dividend cut. I discuss what a moron Jeremy Corbyn is and my anger at an Oxford institution wanting Government cash. I look at Zenith Energy (ZEN) wondering if it has found more fake sheikhs drawn to the AIM Casino and also at AIQ (AIQ) - which continues to amuse.
Two house keeping matters. First please send Darren pictures of the view from your window & your work space during the lockdown to provide a daily distraction. Darren has kicked off the series with a snowy scene from his Canadian bolt-hole HERE. Second please do offer nominations for the rogue AIM & Standard List directors. If you are afraid of libel just nominate a name & company and Nigel and I will do the rest in a song & dance presentation on May 8. Details and nominations are HERE. In today's Bearcast I look at the demise or otherwise of Carluccio's, Virgin Airlines and Big Sofa (BST) and perhaps of the AIM casino itself.
On 31 January 2020 St James House (SJH) announced that:
Oh dear, oh dear, oh dear. Formerly AIM then NEX and now ASX listed sub scale resource dog Doriemus has today learned a valuable lesson: whan a rat says that his word is his bond, or indeed actually signs a placing letter, that means nothing.
It was slung off the AIM Cesspit after just a few months back in 2015 but not before Roland “Fatty “ Cornish, London’s worst Nomad, had made a killing from listing fees and cashing in warrants and dumping shares. Now the company has gone bust … readers of this website cannot say that they were not warned that this would end in tears.
On Monday, the largest oil company on the AIM Casino, Diversified Gas & Oil (DGOC) will announce annual results and give us an update on its proposed move to the Main market. The shares were 126p back in June when Oarfish Research kicked this off with a stunning four part dossier which has been followed by a series of accounting exposes on this website. The company is clearly in breach of IFRS and I have reported the company to the FRC, so what is happening. The shares are now 76p.
AIM has released its market statistics for the period to the end of February 2020 and this saw the number of companies reduce from 851 to 847, a modest net reduction of 4. Two new issues raised £23.5 million. The run rate of new issues in monetary terms continues at a much lower rate than last five years average monthly new issues and this includes the poorly performing 2019.
Having asked for readers tips for 2020 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2020 harvest) HERE, the following is an update on performance at the end of February (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2020)...
In today's bearcast I discuss how little shorting actually takes place on the AIM Casino, I look at Eurasia (EUA) where the slience is deafening, Versarien (VRS) and at Hammerson (HMSO) where Andrew Monk should thank me for warning him off but should NOT be tempted to bottom fish after the dividend is cut this week. And 8% yield, post cut, is still illusory. Finally, I again ask you to sponsor the , now 5, Rogue Bloggers for Woodlarks HERE
Nine days ago shares in Eurasia Mining (EUA), having rocketed to 7.3p were suspended following “social media” comments which we revealed to be a suggestion that after months of promising to sign an engagement letter with Chinese bank CITIC, that it had signed and was well on the way to making massive disposals. Since then amid a lack of news there has been nothing and he rumour mill is in overdrive. A statement on some of the rumours is needed now as some investors fear they may lose everything while others consider how many Porsches they will be buyng. So what are the rumours?
The Sound Energy (SOU) shareholder action group now has more than 300 members and speaks for 9.5% of the, in my view, almost worthless, equity. At 10% it can call an EGM and seek to oust the board. And if you own any stock in the company I urge you to contact me at tomat49@gmail.com NOW and here is why….
I start the podcast with my torture in trying to transfer a pension from the Daily Mail to my SIPP. It got so surreal this week but I might be making, expensive, progress. Then I look at how we often jump to easy conclusions when a share price falls. I am guilty of one such lazy jump. I refer to Versarien (VRS) and UK Oil & Gas (UKOG) in this section. I also have questions for Versarien and its hapless Nomad Bobbie Hilliam of Quindell infamy about the recent spike in its share price. Then I look at Bidstack (BIDS) and investors in denial and finally at Ian Smith and MXC Capital (MXCP) which is leaving the AIM Casino which is NOT what it should do. Smith is in denial too.
Since Tuesday morning shares in Eurasia Mining (EUA) , a darling of the bulletin boards and the star performer on the AIM Casino so far this year, have been suspended. The longer the suspension lasts the more extreme conspiracy theories, both bull and bear, do the rounds. The company made one brief statement on Tuesday afternoon:
The AIM Casino, a.k.a. The World's Most successful Growth Market, has released its market statistics for the period to the end of January 2020 and this saw the number of companies reduce from 863 to 851, a net reduction of 12. If you ignore Open Orphan (ORPH) which appears as both a new entry and a cancellation there was 1 readmission and 1 new admission raising a grand total of £7 million in new money.
Having asked for readers tips for 2020 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2020 harvest) HERE, the following is the first monthly update on performance (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2020)...
Two sources whom I trust told me that Eurasia Mining (EUA) was doing a placing via Optiva. And so I ran the story, first giving the company the opportunity to comment, an opportunity it passed up on. The shares had been falling for a few days and that is normally a good sign, on the insider dealing plagued market that is the AIM Casino, that a placing was underway. So I guess a few folks sold on the basis of the article. Fear not folks, count it as a lucky escape.
Palldium! That's the asset class that you should have invested in last year. Sorry, we almost renamed ourselves PalladiumProphets but then we got distracted and keep on harassing bad guys. But this chart of 11 asset classes over the past ten years is faciinating.
Lucian Miers and I have covered Versarien (VRS) many times, looking at the maths as to why the shares, at 79.5p having fallen back a good bit, are still monstrously overvalued. It was one of Lucian’s sell tips of the year HERE and he, and I, reckon that fair value is sub 10p. Eurasia Mining (EUA) is another AIM casino ramp which, on fundamentals, looks to be massively overvalued. I would not be a buyer of the stock even if it fell by two thirds from the current 4p.
I start with an update on ADVFN's paedo guy, then it is onto the role of Nomads on the AIM Casino, what they are meant to do and the problems they face. I look at three Nomads and their clients: Lekoil (LEK), Versarien (VRS) and Anglo African Oil & Gas (AAOG) plus I discuss Tizania (TILS) and today's monster spoof from almost insolvent Iconic Labs (ICON).
As I reveal that it is not only Versarien (VRS) up to no good in this respect but also Eurasia Mining (EUA), I wonder which other shameless PLC rampers are up to no good and will AIM Regulation do anything to stop an increasingly disorderly market becoming an open sewer? I look at retail shares and real estate plays on that as more evidence emerges that my very long term "avoid the lot like the plague" stance was correct. I look at changing brokers at Cenkos (CNKS) and Condor Gold (CNR) and Premier Miton (PMI) and what the AIM Casino demise of SalvaRx (SALV), where managers are talented, says about the dangers of backing a cash shell.
I do not wish to be seen as a pedant but an RNS statement is meant to be, you know, like, er, accurate. And thus as an upstanding member of the AIM Casino community I have penned a quick email to my pal Liam Murray at Nomad Cairn Financial about today's RNS from ValirX (VAL) which appears to fail the accuracy test. I write.
Having asked for readers tips for 2020 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2020 harvest), the following are the entrants (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2020). The results of last year’s competition are HERE and I'll once again report back monthly on how this year’s competition is progressing. Good luck all...
As who will win the 2019 ShareProphets readers tips competition falls – the results revealed on this website on 1st January 2020, the 2020 competition is now launched. The prize is 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2020 harvest). To enter, just put in the Comments to this article - on a once per username basis - one buy & one sell pick from the LSE or AIM Casino (with the stocks not to be suspended at the commencement of 2020). Entry closes & prices (buys offer price and performance measured to bid price and sells vice-versa) are taken from before the RNSs start at 7am on Thursday 2nd January. Steve Moore will again report back monthly on how the competition is progressing. Good luck all...
Having asked for readers tips for 2019 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like), the following is the final results (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2019 – as is similar for this year’s competition HERE). For 2019, the winner is...
Hey Carson – why aren't you flying me out, all expenses paid, to LA for the Fidouchies event below? I'd love to meet you and be even keener to meet Stormy. What would a celebration of financial misdemeanours be like without a Brit there to represent the AIM casino?
Having asked for readers tips for 2019 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is an update on performance as this year’s competition enters its final month (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2019)...
Currently AIM and Nasdaq listed Motif Bio (MTFB) argues “Voluntary Delisting from the Nasdaq Capital Market”. Hmmm – what about those Nasdaq ‘deficiency notices’?...
Once again, as happens several times each week, the word vindication springs to mind. You cannot say that you were not warned countless times, right from the time of its IPO to the near reading of the last rites today, that this crock of shit would end in tears. That moment is almost upon us.
I have never been a fan of this dog from the AIM Casino kennels as my scathing coverage on this website demonstrates. But now a shareholder appears to show that Scotgold Resources (SGZ) has committed market abuse. I'd go further, I believe that it has deceived investors on an industrial scale as to its cash needs, ahead of an equity refinancing. After publication of the company's annual report the shareholder has written to regulators flagging up the issue. I will now be contacting regulators and also the company's shameless and disgraced Nomad SP Angel of MySquar and BlueJay Mining infamy, to pursue this matter. The shareholder, Mr C, writes:
We live in a world where lying and deceiving of others is now deemed acceptable. Whether in politics or business, sport or indeed any aspect of life, the ninth commandment is now seen as something that need not be obeyed. I do not regard this as progress and that brings me to AIM Casino dog Plutus PowerGen (PPG), its colourful directors James Longley and Charles Tatnall who have featured here many times and its pliant Nomad Allenby which will sign off on almost anything...
Bet against the great Northern Bear Waseem Shakoor at your peril. He is invariably right and his ability to spot frauds and overpromotes is uncanny. So I asked the great man what he considered the five most overvalued stocks on the AIM casino. With an answer that will make him even more reviled on the Bulletin Boards, Waseem said:
Having asked for readers tips for 2019 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is a monthly update on performance (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2019)...
As Gabriel Grego recalls in ShareProphets Radio podcast 13 , the reaction to him exposing the fraud that was Bio-On on Italy’s AIM Casino was typical: evil shorters, talking to our lawyers, all part of a conspiracy by evil Jews against a great Italian company, etc, etc. The original dossier from July 24 2019 was HERE. It has not taken long for complete vindication.
On Friday 18th October shares in Plutus Powergen (PPG) started to tank. By pure coincidence, we discovered today that its only credible director who had industry expertise, the Chief Operating Officer Paul Lazarevic, quit by email. Nothing to see there officer, no insider dealing as this is the AIM casino, this is all just a strange coincidence no need to check out the share trades, move along swiftly please.
On 17 April 2018 AIM wannabee miner Amur Minerals (AMC) announced to great fanfare a scheme whereby directors and other senior managers would collectively buy £5000 worth of shares a month for a year. At the time, wityh the shares at 4.5p to sell, I wondered if it was a spoof. But as each monthly announcement of director share buying came out some folks were encouraged. Today, with the shares at 1.65p to sell, I demonstrate that this whole scheme was a spoof.
Individuals not companies commit fraud, lie via RNS and break securities rules. And it is individuals not corporates who must be punished for their crimes. Otherwise getting caught for white collar crime becomes simply another “cost of doing business”. In that vein I have again written to the FCA and AIM Regulation about Brady (BRY) where I do not accuse anyone of fraud or lying but I do accuse them of heinous rule breaches.
As the recently published ( just days before deadline) Strand Hanson accounts for the year ended 31 December 2018 show, life was tough in 2018 for AIM Casino Nomads and brokers. But it could get much worse as the annual report, below, makes clear...
At tonight’s crony capitalist black tie AIM awards dinner paid for by you, long suffering AIM investors, I suggest there should be a special award honouring the rapacious greed of the man who floats and represents the bulk of the shittiest companies on the AIM Casino, Mr Roland “Fatty” Cornish. The annual report for calendar 2018 for his company Beaumont Cornish, has just been posted on companies house having been submitted three days before the nine month deadline (like client, like advisor) and is shocking as you can see below.
Having asked for readers tips for 2019 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is a monthly update on performance (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2019)...
Eleven days ago I exposed the funding crisis at AIM casino dog Brady (BRY) which it, and its Nomad Lagos Securities, had hidden from investors for a long time, The shares were then 26p. Thanks to my correspondence with AIM Regulation it was forced to, at least partially, ‘fess up to its problems. As I write the shares are now 4.05p having crashed another 46% today. Time for an urgent statement and share suspension methinks. Specifically we need to know:
Now in its 24th year the annual obscenity that is the AIM Awards Dinner is now just six days away. Tickets cost £200 a pop and Nomads, brokers, lawyers, accountants and PR firms snap up all 1200 of them. It is an osbcene beanfeast for the crony capitalists.
Okay I mix and match with my 1970s camp humour but one needs to seek something of joy if you are a shareholder in Management Resource Solutions (MRS), the AIM Casino dog whose shares are currently suspended as it works to get its operating subsidiaries of out the hands of the administrators in Oz. Things have just got worse. Much worse…
Following a dire sales and lack of profits warning on 21 August, AIM Casino listed software outfot Brady (BRY) has today served up interim results which are both piss poor and fundamentally misleading. Quite simply, as things stand, a reliable source tells me, the company will not be able to meet payroll in November. Worse still there has been massive material non disclosure of the mess this company is in.
Warning: Do not play this bearcast in front of children or folks of a sensitive disposition. In the podcast I reflect on why the Welsh Hovel is currently like Hell on Christmas Eve. I cover the exact role of the house broker on the AIM Casino, i3 Energy (i3E), Quindell (QPP), Providence Resources (PVR), RiverFort Global (RGO) and Iconic Labs (ICON).
Fake Sheriff of AIM Marcus Stuttard and colleagues what a shit-showeryou preside over. Thanks to Adept Technology (ADT) we have a stat that damns you. I discuss this, the comedy/tragedy that is Providence Resources (PVR)/ Lansdowne Oil & Gas (LOGP) and their Chinese pals. I look at IP Group (IPO), its results, its balance sheet and its association with the stench of Neil Woodford. Apologies to the fragrant Lizard for my words. And I chat about chatting to Carson Block of Muddy Waters about Burford (BUR) and other matters.To get the Carson Block podcast downloaded to your phone register HERE
The AIM casino ramp de jour Versarien (VRS) has made great claims about its US operations but if you start digging it all looks rather less transparent so here are a few easy questions for the twitter obessessed CEO Neill Ricketts.
Having asked for readers tips for 2019 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is an August bank holiday update on performance (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2019)...
I start with a discussion of how young and inexperienced most sell side analysts are and why that bodes so badly for the horrors that will emerge in the coming bear market. I move onto Versarien (VRS) a pointless deal and accounts that contradict themselves, I look at Burford (BUR) and the sex tapes allegations as well as my own on Napo and then finally at forex service ProphetFX which is drowning in red flags as is AIM Casino rubbish Nostra Terra Oil & Gas (NTOG)
I was once a believer as shares in the satellite company Avanti Communications (AVN) soared to 800p+. But I saw the light many moons ago. Today they languish at 0.5p as the company has announced that it is to delist from the AIM Casino. For six years this website has been warning about this disaster in waiting now we are 100% vindicated. Are there lessons to be learned? You bet....
The responsibility for submitting forms relating to changes in percentage ownership lises not with a listed company but with an investor. Thus though Management Resource Solutions (MRS) is a worthless piece of crap which should have been booted off Aim for numerous wrong-doings, as we have detailed HERE, this is not its fault.
ShareProphets earns a small commission any time a reader who registered with Primary Bid via ourselves subscribes for one of its offers. For that reason we urge you all to sign up HERE. But today's offer, ADM Energy (ADME) is a total dog so. though it hurts us in the pocket book to say so, we urge you to pass. The emails sent out by ADVFN and others urging folks to pony up fail to mention one significant fact...
The tweet below from Versarien (VRS) boss Neill Ricketts is surely against AIM Rules. I am referring it to nomad Canaccord and AIM Regulation and discuss in a podcast which also covers swimming pool ways, folks who insult me to ask a favour, Burford (BUR) its rebuttal (very strong) but its red flag antics elsewhere and the limp dick behaviour of the deadwood press, notably The Times. I also look at Cabot Energy (CAB) which is surely AIM Casino toast.
The report on Neil Woodford's second biggest holding, AIM Casino cdarling Burford (BUR) from Muddy Waters is - as you can see here - damning. Now here is a video where Carson Block explains the accounting tomfoolery that is at play. Enjoy.
Folks like Lyin’ Steve Sanderson the boss of AIM casino listed UK Oil & Gas (UKOG) and his shrinking band of chat-room cultist supporters still dream that Horse Hill will really turn out to be a Gatwick Gusher, not just another small scale UK onshore play. Today they should be doing some basic maths as UK has increased its stake in the asset from 50.6% to 85.6%.
Having asked for readers tips for 2019 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is a monthly update on performance (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2019)...
In today's podcast I point fingers at who should be sent to jail or drummed out of the City as I look at new developments at former AIM Casino darling Frontera (FRR), the late lamented SVS Securities and at the crumbling empire of Neil Woodford and Woodford Patient Capital Trust (WPCT).
If the Quindell fraudster Rob Terry is, this morning, wondering who his roomie will be when he goes down, perhaps he may be able to discuss accounting fun and games with a member of staff from Goals Soccer Centres (GOAL) which has today fessed up to the scale of its problems as it admits its days on AIM are almost over.
What next? Boris Johnson running courses on marital fidelity, Bill Clinton lecturing us on women's rights with his pal Jeff Epstein? i despair. Anyhow, former BBC media darling, Dragon's Den flop Piers Linney claimed to be worth £100 million despite the string of business failures we exposed here. At AIM Casino listed Outsourcery, which we relentlessly called out by myself as a POS and which went bust, Linney burned through £21 million of other folks cash. Now, as you can see below, he wants your cash to teach you about how to start and grow a business. Whatever....
Telit Communications (TCM) is a case study on why the AIM Casino is such a casino. Not only does it claim to be running at a cash profit while c$20 million of cash disappears in the first half of the year. But rules are broken and the folks meant to stop that, Nomads such as FinnCrap, do nothing to prevent it happening. And the regulators then do nothing about it. So other folks feel free to offend.
In today's bearcast I look forward to the new show on Wednesday which will be half recorded by the end of today. I cover Mortice (MORT) a tale of shareholder woe friom the AIM Cesspit, Kier (KIE), Dev Clever (DEV), Anglo African Oil & Gas (SCUM), Premier Technical Services Group (PTSG) and Mobile Streams (MOS), where I study what happens to cashflow when a company is near to death and the red flag gaps in today's trading statement.
Lib Dem grandee Lord Timmy Razzall may have changed the name of Boxhill to St James House (SJH) but this company which has been mired in so much corruption and fraud remains an uninvestable uber dog even by the standards of the AIM casino. Results earlier this week were covered in bearcast yesterday but perhaps merit further scrutiny. They are shocking, breach IFRS on numerous counts and quite simply aim to decieve. Nomad Allenby should be walking.
The joke management of the London Stock Exchange (LSE) continues to insist that the AIM Casino is the world’s leading growth market. But the hard data from June 2019 shows once again that the fat cat LSE bosses are ‘avin’ a giraffe.
Having asked for readers tips for 2019 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is a monthly update on performance (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2019)...
And he went out from thence, and came into his own country; and his disciples follow him. And when the sabbath day was come, he began to teach in the synagogue: and many hearing him were astonished, saying, From whence hath this man these things? and what wisdom is this which is given unto him, that even such mighty works are wrought by his hands? Is not this the carpenter, the son of Mary, the brother of James, and Joses, and of Juda, and Simon? and are not his sisters here with us? And they were offended at him. But Jesus said unto them, A prophet is not without honour, but in his own country, and among his own kin, and in his own house. And this brings us to Big David Lenigas.
Having asked for readers tips for 2019 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is a monthly update on performance (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2019)...
And clueless Marcus Stuttard at AIM Regulation wonders why the AIM Casino is regarded as such a joke? How about because companies are able to lie to investors without sanction? I flagged up BlueJay earlier for telling a monstrous porky, now here is another, Live Company (LVCG).’
Yesterday the grotesquely overvalued spoof that is BlueJay Mining (JAY) was forced to issue a statement relating to its 2018 results in which it stated that the December 31 2018 cash and cash equivalents position was £8.8 million. But below you will find an investor presentation which you can read in full here which was published on 12 March 2019...
Retained losses are £27 million and counting, the shares have collapsed from 82p at IPO to just 0.4p, Blur (BLUR), now rebranded as Maistro (MAIS), has been a disaster for investors but at least its founder Phil Letts and his ghastly wife who was also on a fat salary have been able to buy and upgrade a Country mansion, as we noted HERE. Today as it issued another lack of profits warning and warned of another cash crisis, Maistro says it is going to delist from the AIM Cesspit.
You have been warned so many times by myself about the uber dog Mirriad (MIRI) which listed on the AIM casino at 62p per share in December 2017. The shares are now 6.25p so shame on Nomad and broker Numis for this hound. Today we have calendar 2018 results and a warning that it needs a bailout placing within a year. I should cocoa.
Having asked for readers tips for 2019 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is an Early May bank holiday update on performance (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2019)...
I have suggested in a number of recent bearcasts that Bidstack (BIDS) was the most over-ramped and overvalued stock on the AIM Casino and also that it would have to do a placing within six months to keep the show on the road. A City source has now provided me with more specific information, an offering is already underway but it is struggling.
Having asked for readers tips for 2019 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is an Easter update on performance (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2019)...
We own shed loans of shares in Concepta (CPT) and they are, in my view, still cheap. But today's placing fills me with utter disgust and makes me so angry as I explain in full. The image below is from the Boots website.
Having asked for readers tips for 2019 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is a monthly update on performance (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2019)...
Neil Woodford needs money for his funds urgently but to give to a far more deserving cause which I may have mentioned once or twice go HERE. I discuss damning statistics for the AIM Casino, Inspirit (INP), Mobile Streams (MOS) and in the Woodford section Paypoint (PAY), Imperial Brands (IMB) and now Strix (KETL), another jolly good income and growth play he is dumping.
I start with a recount of what is my longest training walk yet as I build up to the 33 mile Rogue Bloggers for Woodlarks stroll on May 25. As you think of me wading through mud and dog pooh, gosh I loathe selfish dog owners, please make a donation to this great cause HERE. Then I look at Interserve (IRV) and dumb bleaters and at Metals Exploration (MTL), Tim Blackstone's fave hound, and why its latest bombshell surely calls for a change in the AIM casino rules when it comes to Nomad Resignations.
NetScientific (NSCI), the AIM casino listed investment dog backed by Neil Woodford, says that it notes its recent share price movement and confirms that it is not aware of any reason for such movement. It then goes onto to try and spoof any mug punters still reading..
Having asked for readers tips for 2019 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is a monthly update on performance (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2019)...
Over the past month the share price of AIM casino listed Blue Rock Diamonds (BRD) has soared from 0.29p to 0.38p. Some lucky souls paid up to 0.4p on Friday. Let’s review the timeline:
Floated on the AIM Cesspit in May 2018 at 15p a share and raising £6 million Maestrano (MNO) describes itself as a “cloud business integration platform with cross-app data synchronization” I’d describe it as an univestable piece of shit.
Having asked for readers tips for 2019 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is a monthly update on performance (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2019)...
Frontera Resources (FRR) did not wish to leave the AIM Casino. Having its shares freely traded meant it was able to obtain death spiral finance to bay its bills. No trading facility, no death spiral, no future. But…
Thanks to the hapless clowns at Northland losing (oops I meant surrendering) their license there are still a stack of stocks which will see their shares suspended on February 1 and booted off the casino for good on March 4 if they cannot find a replacement. The ten at risk are:
Hat tip to the UK’s No 1 private client broker for spotting this AIM casino accident waiting to happen.
AIM Casino listed Independent Oil & Gas (IOG) is dependent on financing from London Oil & Gas which in turn is dependent on financing ( repayable on demand) from a ponzi called London & Capital Finance now the subject of a full FCA raid and lockdown. We have covered this extensively already but there is more...
I refer to a quite amazing scoop buried away deep in today's Sunday Telegraph. Well done Uncle Chris Booker. I then look at how everyone is still in complete denial about the mess that is the AIM Casino and also about the future direction of corporate earnings growth an d what that means for equity caluations.
At 5.09pm last night, no-one-is-watching o’clock (natch), The People’s Operator (TPOP) announced that it had filed a notice of intention to appoint administrators – we are told this will happen within ten days. Of course, readers of ShareProphets have known this was coming for some time (not that the company has been falling over itself to make that clear). The decision was taken on New Year’s Eve – so how on earth did it take until 5.09pm yesterday to announce it (after everybody had gone home for the night)?
This is a typical AIM Cesspit tale of woe and greed. CSF Group (CSF) listed on the AIM casino in 2010, a smallish Malaysian company of no interest to anyone. But the advisers raked it in with fat fees and fat promises to the board and shareholders. Coke and hookers all round in the Square Mile. Wind forward to August 28 last year.
Having asked for readers tips for 2018 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2018), the winner is...
As (the worldwide eagerly awaited) who will win the 2018 readers tips competition draws ever-closer, the 2019 competition is now launched - and once again the prize is a meal with Tom Winnifrith, and if you dislike him you can fob it off on someone else! To enter, just put in the Comments to this article - on a once per username basis - one buy & one sell pick from the LSE or AIM Casino (with the stocks not to be suspended at the commencement of 2019). Entry closes & prices are taken from midnight on Tuesday 1st January. Steve Moore will again report back monthly on how the competition is faring. Good luck all...
On 1 November 2018, suspended on the AIM Casino Boxhill Technologies (BOX) provided its last trading update which provided the following comment on the disposed business of Emex:
In today's podcast I start with Deutsche Bank and the dire problems faced by the EU. Who really wants to stay in bed with this corpse? That pans out to wider reasons to be bearish and I cannot stress too much look not at P&Ls but at balance sheets. I look specifically today at Photonstar Led (PSL), Tomco (TOM), Low & Bonar (LWB), Argo Blockchain (Don't laugh at me too much), Optibiotix (OPTI), IQE (IQE) and the scandalous behaviour of team BlueJay Mining (JAY), moving on from the points flagged up HERE
Having asked for readers tips for 2018 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following updates on performance (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2018)...
I had far too much to drink last night. But it really was not my fault. Thus as I travel across Greece today and back to Bristol I feel a bit worse for wear. In this podcast I comment on Hollywood Bowl (BOWL) in light of yesterday's corrupt journalism bearcast. I look at Andalas (ADL) forced to make a belated statement by this website's expose on Saturday HERE. I cover Big Sofa (BST) and LB Shell (LBP) another AIM Casino dog whose sole purpose was to support the lifestyles of crony capitalists.
I have given Andalas (ADL) a week to fess up to what looks like bad news but there has been no RNS. And so though my patience is legendary and I am trying my hardest to be a nice guy, enough is enough. I know this is the AIM casino and Rules, like 10 and 11, do not really matter but surely there are some limits.
I have a small bottle of ouzo ready for Monday at 7 AM GMT when shares in the fraud MySquar (MYSQ) will be thrown off the AIM Casino as no Nomad is prepared to replace disgraced SP Angel which quit a month ago. But the news today gets even worse.
I start with the news about the olive harvest. When you get the full financial report you will laugh. I almost did. I am almost tempted to get Neil Woodford to invest in it. Then I discuss Thomas Cook (TCG), Audioboom (BUST) and Tekmar (TGP), another disastrous IPO on the AIM Casino. I also discuss the battle between the metropolitan elites and the rest of us ref. France, but also the UK and Brexit.
Ahead of a trip to the zoo and Barclays (BARC) with Joshua I look at Redcentric (RCN), Juridicia (JIL), Veltyco (VLTY), Integumen (SKIN), Urals Energy (UEN) and the shame of the bosses at the AIM Casino - Andalas (ADL), BlueJay (JAY), Chesterfield (CHF) and Mothercare (MTC) which will just NOT be around in five years time.
Another great day for the world’s most successful fraud market, oops I meant growth market. Over on the AIM Casino the problems mount for Urals Energy (UEN). We had been told that $3 million had been loaned out in an unauthorised manner by its 98.56% owned subsidiary JSC Petrosakh. Think again, it is $5.1 million and it looks as if none of that is coming back so there is a looming $4.5 million cash crunch. Uh Oh! Timber!
Angus Energy (ANGS) shares may or may not be cheap on fundamentals. That debate is for another day. But weighing down on this company is one almighty issue of corporate governance: the lies its founder Jonathan Tidswell-Pretorius told about his dealings with loan provider America 2030 in June 2018 and the cover-up that continues to this day.
I know. I know. The price of coke and also of hookers is going up. I blame Brexit. What we need are frictionless borders so we can import more of both from Albania to keep the City boys happy. Pro tem that means brokers need to hold their noses (so to speak) and act for anyone. Even proven shysters like Tomco (TOM).
SVS Securities did a bailout placing for the fraud MySquar (MYSQ) days before its downfall, knowing full well that the company was a wrong ‘un. That had to be reversed PDQ as it emerged that the ex CEO had half inched almost a million quid.. Suffice to say it will act for almost anyone and its reputation is of being a thoroughly low grade and morally bankrupt operation. So when it quits an account to protect its reputation you know that the company in question is toxic. Welcome to long time uber dog Tomco (TOM)
Having asked for readers tips for 2018 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is a monthly update on performance (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2018)...
Of course David Lenigas is not on the board of Angus Energy (ANGS) and thus had no idea at all that a heavily discounted placing at 9p would be announced today. And thus his aggressive pumping of the stock on twitter last week, as you can see below, is just another remarkable coincidence. Just like this one ahead of the last UK Oil & Gas (UKOG) bailout placing. Big Dave.., an AIM casino leopard who never changes his spots.
Fully listed BT (BT.A) is the largest holding in my small collection of dividend munchers by value, although for the purposes of the portfolio it is marked as one unit, along with Centrica (CNA) and ITV (ITV). Vodafone, the fourth member, is half a unit – thank goodness! Yesterday’s interims went down very well with the market, which marked the shares up to around 267p at the peak, and closed at around 260. The shares haven’t been this high since last January and you have to go back to last October before you see an extended period of higher prices than that.
The rumour swirling round the City is that following an FCA visit 2 weeks ago the SFO called in on a well known firm today. Various names have been mentioned but to be clear I have on the record denials from both Novum and Optiva. It was not them. Was there a raid at all? I don't know but in the current climate folks are prepared to believe the worst. I discuss why the number of AIM Casino listed companies will plunge from c930 today to sub 800 within 18 months if the bear market in small caps continues or, indeed, accelerates. I think it could.
The Deloro affair should have seen more heads roll at Mayan Energy (MYN). That it has not just shows what a regulatory joke the AIM Casino has become. Over to the City’s No 1 oil analyst Zac “the knife” Phillips of shamed Nomad SP Angel of MySquar (FRAUD) infamy. Zac, who may be shite at Latin but knows his oil, opines:
Today brings news that FinnCap, Finncrap to its friends, the biggest AIM Nomad and broker is to buy Cavendish Corporate Finance, the corporate advisory firm run by pompous Tory Lord Leigh, who claims to speak for ordinary shareholders but is actually a City fat cat like the rest of them, and that the combined business will itself list on the casino in December. Is this a sign that AIM is headed into irreversible decline?
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