My pal, Liverpool’s top share blogger, Doc Holiday calls many shares correctly but his latest twitter call on Standard listed Chesterfield Resources (CHF), below, is bonkers. He is ‘avin’ a Turkish when he claims that the shares, now 3p-3.5p could be trading at 15-20p. Let me explain…
And in today's most useless shuffling of worthless assets as an excuse for a disguised placing we revisit Gold Mines of Wales, the owner of the Dolgellau gold prospect in the heart of sheep shagging country.
I’ve been on holiday for a week in Italy (funnily enough) and am just catching up on a few interesting pieces of news and thought I would comment on the Saffron Energy (SRON) deal with Sound Energy (SOU) that was announced last week. Makes a lot of sense in many ways but I am disappointed by the scale of the James Parsons-led ramp that has started already supported in all the usual places.
This is my fifth attempt to record a bearcast. I am plagued by idle thieving scousers and that included Doc Holiday today and by a delivery man - is that the Omen Box set or something the Mrs has ordered? I discuss the poisonous legacy of debt Mark Carney leaves everywhere then Nyota (NYO), Trafalgar New Homes (TRAF), Billing Services (BILL) - tough luck my old pal Jim Mellon another debacle - Strat Aero (AER) and XCite Energy (XEL) and than a useless factoid on "The Omen."
The Dave Whitby fan club (life presidents Ben flip flop" Turney, Justin the Clown, Doc Holiday and Zak "Judas" Mir) are delighted to be sponsoring this week's Bulletin Board Moron contest in honour of events at Andalas Energy (ADL) which are generating some cracking comments on the LSE Asylum and elsewhere as well as on twitter. Of course you can nominate a post on any subject or company and African Potash (AFPO) clearly has a shareholder list made up of complete imbeciles. The deadline is midnight Sunday May 1st. Or as they say in Greece: Easter Day.
Oh dear it seems as if the Andalas (ADL) Placing is not going to have Justin the Clown singing joyfully in the valleys. It is very bad news for Justin the clown, the top podcaster in the homeless Welsh Community, but I've heard a rumour from ground control, Oh no, don't say its true. As ever the late David Bowie is just so prophetic.
Gold seems to be in an uptrend so maybe it is time to get a bit of exposure to the gold sector once more? But how? We adsked ten writers connected to this site and/or speaking at UK Investor show on Saturday if they had to bet the ranch on one stock what would it be?
I stand accused by Was Shakoor, Doc Holiday and others of being a tad charitable towards Metal Tiger (MTR) in today's BearCast HERE. Folks if you listen carefully you will note that I said the shares were clearly overvalued in relation to NAV. I do however make one observation about a tweet below from Paul Johnson the CEO.
The scouse blogger Doc Holliday has today said that he will be stealing a few hubcaps so that he can buy one share in the London Stock Exchange (LSE). That will alllow him to join the protests at its AGM in late April about its wholesale failure to tackle fraud and PLC lies on the AIM Casino. So that makes three comrades pledged to attend: Doc, myself and Lucian Miers. Will you come too? Here's the deal...
Fat Aussie share ramper Jabba The Hutt is still new media obsessed and is apparently starting a series on his new blog on twitter, trolls and how the media are all such bad guys while Big Dave is left to carry the sword of truth and wield the shield of justice. His first article is a classic in self delusion and well, er...lies.
Today's edition comes from the banks of the Ottawa River in the bucolic Gatineau region of Canada. Unusually for this date, there is no snow and the river is unfrozen. Ciimate change denier Tom Winnifrith will probably put the blame on Canadian pot-smokers warming the air in anticipation of looming legalisation.
After an annus horribilis for New World Oil (NEW) in 2015 which (to put it midly) has been engulfed by shady business, things now appear to be looking up for shareholders as Adam Reynolds '' front man supremo '' and corporate sanitiser Nick Lee join the board to help clean up and vend in a more attractive proposition.
After meeting the ghost of Christmas past HERE and the ghost of Christmas present HERE young Christopher Oil tried as hard as he could to get some sleep. He tried counting Sefton share certificates. It was a bit like counting sheep. They were fluffy and stupid and just hopped over the fence into a big void where they disappeared. But that did not work.
This podcast ends with an apology to Doc Holiday. I am happy to set the record straight on which shit Patrick Cheetham stock he tipped and which was a Malcolm Stacey blunder. We start with another request for ideas on what I should get the Mrs for Christmas and thanks Mike from Scotland but it is not going to be a boob job. Then it is onto the disgrace that is African Potash (AFPO), Bonmarche (BON), retail generally, nasty remarks about Americans, Work Group (WORK) and today's Jabba The Hutt comment concerns LGO Energy (LGO)
Last night Doc Holiday (@dds_doc_holiday) had his Twitter account suspended for the umpteenth time. It seems that certain free speech deniers have taken exception to Doc’s social media prowess at exposing crooks and cheats for what they are. Never afraid to deliver a 140-character broadside, Doc’s popularity on Twitter stems from his determination to speak the truth. It is shameful that Twitter repeatedly bans Doc at the behest of liars and market abusers. If you care about free speech and defending what is right, then help us support Doc now!
Flip flop Ben Turney, Doc Holiday, Zak, they are all at it… talking utter nonsense about CEB Resources (CEB). This stock is a conviction sell at 0.93p and anyone who says otherwise just does not understand the basics of fundamental analysis.
When I heard that CEB Resources (CEB) CEO Dave Whitby was coming to the UK for a meet and greet with investors I thought, “here we go”. As much as I like the story and can see the opportunity in the Indonesian gas market, Whitby’s visit looked like a par for the course placement run. So confident was I that this was just another foreign executive coming over to tap into the seemingly inexhaustible British desire for resource-based pipe dreams, I bet cynically bet Doc Holiday a fiver that the company would place within a month of Whitby leaving. I was wrong. Serve me right for taking on the market mechanics maestro.
Earlier this year I exclusively reported the licence granted by The Crown Estates to the Gold Mines Of Wales portfolio (GMOW) had expired. Not only had this licence expired but also a competing group who owned the land at the Gwyn was in the running for the Gwynfynydd mining rights. This was always going to be bad news for Stellar Resources (STG), as proven by yesterday’s RNS, which confirmed that GMOW has indeed lost the rights to Gwynfynydd.
Doc Holiday has just published a phone message left to him by our favourite flavour of the month, market abuser (HERE, HERE and HERE) Chris Oil. It seems like dear old Chris got wind of Sefton’s placement before it happened and called Doc to let him know the good news. We provide an exclusive transcript of the message below.
With controversy and speculation surrounding a number of AIM stocks recently I felt compelled to write a little more about a small cap aim company that has been slammed by the naysayers based on pure ignorance and fool hardiness. I've heard much about Sefton Resources (SER) and what it hoped to do in the near term. Whilst I maintain that the gang at Sefton has been handed a lifeline, it's hardly cut and dry so lets look at a few facts regarding Sefton and the newly readmitted CEB Resources (CEB).
If you are up in London for UK Investor show on Saturday and fancy a quiet and relaxing evening beforehand do not bother reading on. But if you fancy a drink and a pizza with new Sefton (SER), aka “mancslumboy” Brokerman Dan, Clem Chambers of ADVFN and their uber-foxy PR bird plus a sprinkling of ShareProphets writers and other CEOs attending the show, all will be gathering from 6 PM
Thanks to bloody Doc Holiday and the Mrs and her damned organic vegetable box this is my third take on this Bearcast and I have thus wasted 40 minutes of prime time working and am not pleased. In the podcast I look at Wildhorse Energy and insider dealing ( no apologies for crude racial sterotypes about Australians and how they got there), Daniel Stewart, Good Energy and Malcolm Stacey's other weekend share tips, Mosman Oil & Gas and have a detailed look at Condor Gold.
It is Doc Holiday here. Let me declare that I have a small shareholding in Audioboom (BOOM) and I met up with its boss Rob Proctor last week to create the interview below. I rate the shares as a buy and while I know that some on ShareProphets disagree I am glad that because it is a website dedicated to free speech and a two way exchange of opinion, it is running this article.
Controversial entrepreneur Big Dave Lenigas is my pal. So too is outspoken blogger Doc Holiday. But the two men appear to loathe each other passionately. And the latest step in this battle came with a twitter threat from Big Dave “I will block on twitter anyone who follows Doc Holiday”. Oooh er missus…
There was a spate of announcements at No-one is watching O'Clock yesterday. But I was watching and so this podcast covers Worthington, Speymill, Sefton & Brokerman Dan and Afren. Moving on I look at legal and other silliness by companies including TXO and the Big Dave Lenigas vs Doc Holiday Stellar Resources affair.
Stellar Resources (STG) has been yet another company connected to serial entrepreneur David Lenigas which has been a disaster for its long-term shareholders. Sure, insiders and the odd lucky trading punter have made cash on this stock, but for the overwhelming majority of Stellar’s small army of shareholders this has been a shockingly poor investment.
Entrepreneur Big Dave Lenigas has got into a spot of bother before for his activities on twitter. I accept that Mr Lenigas is enthusiastic about his investments but for his own sake he should get off twitter now. Pre-placing tweets about Rare Earth Minerals (REM just look wrong. And then there is the email.
Human capital resource consultancy is far removed from my usual investment area of oil and mining companies! But fellow ShareProphets contributor, Doc Holiday, got my interest when he mentioned a small company called Management Resource Solutions (MRS) that had recently listed on AIM and which was in this business.
Earlier today we ran an article by Doc Holiday slating yesterday’s placing by UK Oil & Gas (UKOG) – you can read it HERE. I commented on the matter in my BearCast HERE. David Lenigas has now been in touch and wishes to put the record straight. The contention regards a tweet David sent on Monday evening blaming shorters for the price being weaker, only for the company to announce a placing on Wednesday night – that is covered in full in Doc’s article. Here is what Mr Lenigas has to say:
Provider of management software for field services, ServicePower Technologies (SVR) updated earlier this month that “trading for the half-year is in line with management expectations following the necessary investment in products, staff, infrastructure, and customer implementations” and that “we are confident of continued progress as we enter the second half of the year with a healthy pipeline and stable balance sheet”. I review in the following ahead of 17th September-scheduled interim results.
Rapid Cloud (RCI) came to market back in 2013 and IPO'd at 54p. The business was formed back in 1999 so was hardly a start up and therefore a punt operation. Specialising in web development services, I explain below why I view this company as a speculative buy.
I’ve spent a fair amount of time today wondering whether or not life is too short to get involved in the David Lenigas debate. After the fiery “we love/we hate Rare Earth Minerals (REM)” schoolyard spat this week, whatever I say runs the risk of pouring fuel on the fire. But I can’t ignore today’s Leni Gas and Oil (LGO) placement. It has a bit of everything.
Leni Gas & Oil (LGO) published an RNS last Friday which contained a typo. For this, my good friend Doc Holiday wishes to berate David Lenigas, also a friend. I think Doc is, on this rare occasion, wrong but I appear to be getting some flak for this on twitter.
Today I will unveil a fact about the market that has always existed. Investors, or who are really, Pump and Dumpers, keep the trash on AIM alive. I know my colleague Doc Holiday has penned a bull piece on Astar Minerals (ASTA) and I respect him deeply, but I just cannot agree with his call at the 2.3p share price now. He is up hugely on his tip so he was very right. Astar is being priced at £3.1 million, when in any bearish market, or any market where pump and dumpers are hopeless, the company would be long gone, in the ditches. Sayonara Astar.
I see my old sparring partner ''David'' Leni Gas & Oil (LGO) has released yet another RNS, which means not only are we at a baker’s dozen plus in little over a month now (!!!), but also that each one creates less and less impact. A lot of the news is surely already priced in and is even, arguably, overpriced into today’s share price.
Doc Holiday is a friend of mine but we do not pay him to write anything on this website, he occasionally chips in. He is an honest writer and if he thinks that a share sucks he says so which is one reason that I respect him. I have written about the death threats, stalking and harassment I have received for making such calls. It appears that the poison is spreading.
The Zanaga (ZIOC) story is a rather familiar one for those who have followed resources stocks in recent times. It listed at 156p when shares in anything resource related were top of the pops. These days the sector makes the Jimmy Savile fan club look fashionable and the shares languish at 18p.