Previously writing on ‘customer engagement’ software company Pelatro (PTRO), a couple of weeks ago I noted discounted shares subscription and still “seeks to collect receivables” red flags. Those red flags haven’t taken long to unravel as it’s now a “Proposed Cancellation and Directorate change” announcement from the company...

TinyBuild (TBLD) has issued a trading and directorate change announcement ahead of its AGM. What’s the news from a company which describes itself as “a premium video games publisher and developer with global operations” and was an AIM Awards 2021 “Best Newcomer” nominee?

Tekmar (TGP) has announced that a “proposal being considered represents a strategic investment from a global institutional investor in the energy sector, which would provide funding for the company to follow an ambitious plan for growth, both organically and by acquisition”. Sounds good, so what of a currently little changed circa 9.25p share price?

Describing itself as “a leading manufacturer of battery cells for specialist markets”, AMTE Power (AMTE) states that it “is pleased to announce that… Alan Hollis has been appointed to the board… has a 20 year public company track record of developing and executing profitable growth strategies within engineering and manufacturing businesses with turnovers ranging from £4m-£200m”. So what of a current more than 3% lower share price response towards 70p and a £25 million market cap?

Corero Network Security (CNS) has announced it has appointed Andrew Miller as Interim Chief Financial Officer, noting “having previously held the positions of Chief Financial Officer and Chief Operational Officer from August 2010”. That is with Miller having moved to a non-executive director role here in 2020, so what’s going on?

Professional services consultancy to the construction and engineering industries Driver Group (DRV) has announced “a difficult second quarter” but that implementation of the key findings of an operational review “is expected to support a significant improvement in profitability in the second half”. So what of a share price response currently down 27% at 28.5p?…

Previously writing on data science-specialising marketing and consulting company Jaywing (JWNG), in August with the shares at 12.75p I questioned how ‘pleasing’ “an increase in underlying earnings” and continued to avoid. What now with the shares at 9.75p and following a “Directorate Change” announcement today?…

Previously writing on Essentra (ESNT) we noted ‘Q3 update, adds corporate excitement potential’ with the company “reviewing the full range of strategic options for the Filters business” with it aiming to become a pure play Components business over time, targeting strategic focus and an acceleration of organic and inorganic growth. Now a further “Strategic Update” and a “Directorate Change”.

On 10th June Go-Ahead Group (GOG), one of the UK’s largest bus and train operators, made a trading update including that its full year results were scheduled for 9th September. In late August this was changed to 30th September, stated as “reflects ongoing discussions with the Department for Transport regarding the historic calculation of the Southeastern profit share over a number of years… and related additional matters”. Now an announcement including that the results announcement “has been postponed. A revised announcement date will be confirmed in due course”. Two delays and now no date scheduled doesn’t bode well…

Previously writing on self-styled “operator of a leading marketplace for the global promotional products industry” Altitude Group (ALT), in April with the shares at 44p I concluded the valuation and track-record saw me continue to avoid. The shares closed previously at 38.5p and are currently further lower on a “Directorate Change” announcement…

A “Directorate Change”-titled announcement from self-styled “a leading producer and supplier of graphene nanoplatelets based products for use in consumer and industrial markets” Directa Plus (DCTA) – and the shares currently at 88.5p, more than 4% lower in response. I guess the change ain’t an exciting new appointment then…

Previously writing on internet top-level domains owner and operator Minds + Machines Group (MMX), earlier this month with the shares at 5.25p I concluded an “investigation will focus principally on a specific contract”, not ‘solely’, and that overall stated revenue for the half-year was $8.4 million and for full-year 2019 $18.9 million. With a market cap of still more than £47 million, and ahead of “further announcements will be made in due course”, avoid / sell. Today “Statement re: Contract, Investigation & Board”…

Previously writing on electronic invoicing and purchase order transactions network company Tungsten Corp (TUNG), in July with the shares at 42p I questioned “positions the business well for future growth”?. Now a “Directorate Change” announcement has followed recent results for the company’s year ended 30th April 2020…

One of the earliest lessons I learnt as a neophyte investor too many years ago to remember is that correlation does not imply causality. The above headline is a good example of this. Both events have happened today and both are worthy of some comment, but I suggest the linkage between the two is nebulous at best...

Oh dear, oh dear – it is going from dreadful to even more dreadful at NMC Health (NMC), which was suspended in the wake of Dr Shetty’s unreported dealings and a whole load of undisclosed debt coming to light – placing the viability of the company under heavy question. Yesterday we learnt that the debt position has increased from the estimated $5 billion to reach $6.6 billion. The whole outfit is surely toast...

In my estimations for all the love given to the utterances of Warren Buffett, investors would be even better served by mixing up the thoughts of the Sage of Omaha with the wit of Oscar Wilde. This is because reading today's regulatory news offering by building products company SIG (SHI), I was reminded of the latter's line that 'to lose one parent may be regarded as a misfortune; to lose both looks like carelessness'…

Previously writing on events equipment and management services group Arena Events (ARE), I noted I previously warned with the shares around 40p early this year and clear reasons for current concern – including asking a change of financing strategy ahoy?. Now…

I first cautioned on inkjet printing technology company Xaar (XAR) with the shares rising above 800p in 2013, and have consistently warned since – most recently earlier this month here. Now “2019 Interim Results” and “Board Changes and Succession” announcements – and the shares currently approaching 40% lower on the back of them, to around just 42p!...

So the weekend press story that the Marks & Spencer (MKS) chief financial officer Humphrey Singer was set to resign has been confirmed this morning. Naturally it is all nice words ('I feel privileged to be a part of the challenging but hugely rewarding turnaround at Marks & Spencer') but let's face it, no CFO exits into the night if something is about to go hugely right – especially after some well-publicised tough times…

Previously writing on Carclo (CAR) I noted a mess at this company was further evidenced with that a 19th February-announced Interim Chief Operating Officer who Executive Chairman Mark Rollins described as having “experience… extremely well matched to the immediate needs of Carclo and I am convinced he will successfully lead the group's operations in making sustained improvements for the benefit of customers, employees and shareholders alike”, became “the recently appointed interim COO role quickly being eliminated in order to provide greater clarity and swifter decision making”! Now another “Directorate Change” announcement…

Last month geotechnical engineering company Van Elle (VANL) updated including then current-year performance below expectations but that it “continues to make good progress on its transition plan” and that “momentum entering the new year underpins the board's confidence in the prospects for the group”. Today a “Directorate Change” announcement…

Previously writing on Goals Soccer Centres (GOAL) in January it was own goal as goes from “optimistic” to profit warning in 4 months – with I concluding, despite the shares then heading down towards 60p and the company arguing “it is anticipated that during 2019, considerable headroom will be generated”, that “anticipated” can be very different to reality – and particularly with also the “current economic and political uncertainty”. Sell / avoid. Now a “Trading update and change of reporting date”. Uh oh…

“MySale Group plc (AIM: MYSL), the leading international online retailer, today provides the following update on current trading and group strategy”. Uh oh – not ‘pleased to provide’ then…

A trading statement from staffing and managed services company Impellam (IPEL) commences that “Impellam continues to make good strategic progress. Our Managed Services businesses in the UK and Australia are growing ahead of expectations as is the entire US business, on a like for like currency basis”. Sounds good then. The shares?... Er, currently down approaching 20% at around 500p!...

In April the components of a trading update from Low & Bonar (LWB) saw me note a profit warning then, surely? Instead though the company went for “expects the group's financial results to have a much greater weighting to the second half than in the prior year”. With the shares then heading towards 50p, I concluded a second half reliance amidst clear challenges sees the stock on the bargepole list. Sell. Today another trading update…

A while back (as you can read here) I concluded you should wake me up at about a 250p Domino's Pizza (DOM) price. Well another day like today and the shares will crash through this level (and a bit more). So why is 'the official food of everything' having a 10%+ share price dump shocker today? I reckon there are three stories here.

Previously writing on Goals Soccer Centres (GOAL), with the shares down to circa 75p I cautioned with the trading update, currently awaiting a new CEO and the Chairman admitting “our recovery plan remains ‘work in progress’”, I certainly continue to avoid. Today a further trading update – and the shares currently down below 70p…

I previously wrote on recruitment group Nakama (NAK) a couple of years ago – the shares then approaching 27% lower, heading towards 2p, on a trading update which featured management-speak shite & is shite!. The shares are today currently heading lower towards 1p on the back of a Corporate update and director resignation…

Accrol Group (ACRL) has announced results for its half year ended 31st October 2017 including “revenue increased by 13.1% to £72.3m” and “the group remains well placed to benefit from its strong position as a major UK supplier of non-discretionary tissue products into the consumer value sector… Growth in these sectors is being driven primarily by increasing Private Label product sales, which continue to take market share from well-known brands”. Sounds promising…

Having reached 18p last month, shares in e-procurement software provider EU Supply (EUSP) had slipped back slightly – but are currently further higher on the back of a “Contract win” announcement. This following a trading update earlier in the month…