Here are the most read and most listened-to articles and Bearcasts on ShareProphets over the past seven days. The most read non-Quiz, non-Tom article last week is by Malcolm Stacey, Don't Confuse this Bubbly Broker with Elvis's GI Blues. There's No Blues about the Possible Prospects for this Outfit at No 1 or No 5 including Bearcasts.
Here are the most read and most listened-to articles and Bearcasts on ShareProphets over the past seven days. The most read non-Quiz, non-Tom article last week is by Malcolm Stacey, Artificial Intelligence could Help this Top Educator to Even Bigger Profits, at No 1 or No 2 including Bearcasts.
For the second week running, the most read non-Quiz, non-Tom article last week is by Malcolm Stacey, Why Lloyds Shares May Be Chirpy Chirpy Cheap Cheap and How the Black Horse Might Gallop Ahead, at No 10 or No 17 including Bearcasts.
The most read non-Quiz, non-Tom article last week is by Malcolm Stacey, With Inflation Set to Drop, Headwinds May Turn into a One Big Tailwind for the Turgid Footsie, at No 9 or No 14 including Bearcasts.
The Pub Quiz was number one once again week, and that's still very satisfying. It's probably because there was problem with the quiz last week and people kept trying over and over, but I'll take the win. The most read non-Quiz, non-Tom article last week was is welcome return by Malcolm Stacey, Here Are my Three Favourites in the Race for a Higher Share Price, at No 2 or No 2 including Bearcasts.
I start with bad weather news from Wrexham, then consider international workers day and how experts change their minds. Then onto Malcolm's three top picks outlined earlier. I dismiss two but the third really might be a winner. What am I missing regarding City of London Investment Group (CLIG)?
I start with Malcom Stacey's latest bout of insanity HERE. Then it is onto woke nonsense and boardroom quotas at Colin Bird's African Pioneer (AFP), the great news from Fox Marble (FOX) and my thoughts, such as they are on Deutsche Bank buying Numis (NUM) for £410 million. Finally, tomorrow sees me back on a training walk for Rogue Bloggers for Woodlarks. To the 95% of you yet to donate, how about you hand over a tenner ( or more) HERE.
As I get older, I learn more and more that history can repeat itself and rhyme. Just under five months ago, I wrote HERE that “it is far from being a boring day today…it is no surprise for me to see shares in De La Rue (DLAR), which institutional investors and brokers used to call ‘Danny’, pulling back nearly 20% given that it is still struggling to make a proper profit and free cash flow”. I could have written the same today…except that De La Rue shares are down by more than 20% today as I write.
Malcolm Stacey will be celebrating again as Zoo Digital Group (ZOO) is “delighted” to announce its ‘globalisation management platform’ has been “adopted by major Hollywood studio to support content localisation rollout”. The shares have currently responded up by 12.5% to 184.5p, but how much should Malcolm & co be celebrating?
I refer at the end to a podcast on the Northern Ireland census I recorded today. Honestly it is more interesting than it sounds and is HERE. I start with Malcolm's failed career as a bear and where blue chips and small caps go from here. Then onto our bombshell on Caracal Gold (GCAT) today HERE and all the other red flags and why it matters that the FCA acts on this one.
Oh dear, oh dear, more bad news from the green pipedreams, slurp the jam tomorrow and forget about the bonkers valuation sector. Today it is Ceres Power (CWR) an AIM listed company repeatedly recommended by our own in-house Guardian reading eco-Warrior Malcolm Stacey but red flagged by myself and Peter Brailey. Its shares are down by 65% year to date and by c80% since February 2021, the peak of the green bubble madness.
I weigh in on the debate on Biome (BIOM) looking at macro babble & bubble and bottom up analysis to decide which of my colleagues is, I suspect, right.
Comrade Malcolm Stacey is yakking on about buying green shite shares again today. I explain why he is wrong at four levels to do so. I reference an article I wrote today HERE on floods in Pakistan and a few years ago on droughts in Zim South, specifically Cape Town. On Global warming do not acccept what the MSM, especially Malcolm's pals at the BBC tell you, drill down to the core facts... Today's episode shows again that there is no "house view" on this website
Sometimes I switch off my PC thinking that was not a very good podcast. Most days I am content but today is one of those days when I think "that was a bloody good podcast" I start of with why this website is not free and how you need to change business models if the world changes and then as to the strange idea that we have a "house view" on any given stock. That is with reference to ITM Power (ITM) which I then cover in detail (more ouzo for me and for Peter Brailey, cold cabbage water for comrade Malcolm Stacey of the 6th Guardianista peaceand flower power corps). I also look in detail at the spoof from Advanced Oncotherapy (AVO), Deepverge (DVRG) en passant, but which is covered in more detail HERE, and Bidstack (BIDS) after my bombshell expose c/o Winnileaks earlier. A good day's work. Now I can go and weed my onion patch in peace.
The title is self explanatory on all counts. I discuss Purplebricks (PURP), the housebuilders where comrade Malcolm Stacey is very wrong, Mothercare (MTC) maternity bras and a 0p endgame, Deepverge (DVRG) and finally Argo Blockchain (ARB) which needs to come clean NOW.
Oh dear, Oh dear, it is ouzo for myself but tears before bedtime for comrade Malcolm Stacey as Gear4Music (G4M) has issued yet another profits warning. That it does not update us on its cash (or lack of it) position should set the alarm bells ringing.
I start with a few words on the logistics for Sharestock, the supper with my family and Wednesday's deadline for booking HERE. Then on why Avacta (AVCT) shares will collapse at any time, on retail-aggeddon and then onto the Malcolm Stacey view that we should all be in cash. I disagree witn the old Guardian reading loon.
I start with gardening news and a bit sbout ShareStock 2022 and 2023 and urge prompt ticket booking for the former HERE. Why Victoria (VCP) is a zero in waiting is a matter for Sharestock but today I look at why Cineworld (CINE) has not collapsed yet but why it will. Then there is Advanced Oncotherapy (AVO) and why it MUST end in tears whatever PL says. Finally I comment on the lunacy of Malcolm Stacey. I think he meant to send today's column to the Guardian letters page, it is insanity writ large.
These are the most-read articles and most listened-to Bearcasts of the week. The most read non-Tom article is Ariana Resources – Half-Year Production Report: Tavsan On The Way: BUY by Nigel Somerville at number eight or number 13 if you include Bearcasts.
I am afraid that events have conspired to deprive us of Malcolm’s words of wisdom for a third day. You will remember that Malcolm has now moved the contents of his 26 room South Wales seaside mansion to his new home in North Wales in a carbon net zero worker friendly manner. But he has no internet. Yesterday …
I am delighted to say that Malcolm has now moved the contents of his 26 room South Wales seaside mansion to his new home in North Wales in a carbon net zero worker friendly manner. Unfortunately…
There is no column from the old boy today as he is moving house. This presents a dilemma for our own in house eco and social justice warrior. How does one ship the contents from his 26 room palace on the sea shore in the poshest village in South Wales to his new abode in the land of the Gogs, that is to say North Wales, in a net carbon zero manner?
I start with the weekend: a pointless covid test, Jaya's christening and a possible road trip to Greece. Then, I discuss Malcolm Stacey's Damascene Conversion to the bear cause, which makes me think that I should become a bull.
Ahead of my trip to Southampton, I discuss today's hilarious FinnCrap note on its client, Argo Blockchain (ARB) and Novacyt (NCYT), which is now worth less than net cash. I explain why. Then, it is onto Zoo Digital (ZOO): was the old codger, Malcolm Stacey, right to be so bullish? Er... no.
I start with the fate of PM BlowJo. He is toast, but it does not matter: nothing will change, whoever fills his shoes. Then, it is onto Tesco ditching Whiskas. Our cats are already on Tesco's own brand, supplemented by the local wildlife - but what does this say about inflation and corporate earnings? After that, I discuss Malcolm Stacey, and why he is so wrong on Zoo Digital (ZOO). Finally, I look at Cineworld (CINE) and AO World (AO.). The former stays silent on the big issue, and is a 2022 zero. The latter has 21 months until the Fat Lady's performance, notwithstanding today's fundraise.
The big institutions all barreled in to ProCook (PROC), since they knew better than Old Tom Winnifrith, despite his explicit warnings why this would end in tears. So, too, did Primary Bid, which was a keen supporter - as was our own Malcolm Stacey. What was he thinking? But, just seven months after the IPO comes a disastrous profits warning, and the shares have collapsed. While Malcolm drowns his sorrows with an extra pint of Old Mother' Green's organic ale, it is ouzo time at the Welsh Hovel. But do the founding O’Neill family, who flogged tens of millions worth of shares to dumb IIs, really care?
These are the most-read articles and most listened-to Bearcasts of the week. The most read non-Tom article is Stuff going on at FTSE 100 giants Unilever and Glaxo! by Chris Bailey at a number four or number 8 if you include Bearcasts.
Recent experiences proved too much for the old boy, who, on his return to Blighty, headed off to the Punter’s Return. There, he enjoyed a moderate celebration, with a couple of pints of Old Mother Green's organic craft ale. Mrs Stacey reports, this Bank Holiday morning, that Malcolm is still unwell.
The quest began on Monday, hence Malcolm's absence in Sicily. He was promised an early start on Wednesday, but a day of disappointment followed. On Thursday, he was taken to a tree. So, how did this all conclude? His diarist explains...
The quest began on Monday, hence Malcolm's absence in Sicily. He was promised an early start for Wednesday, but a day of disappointment followed. Perhaps, Thursday was more productive. His diarist explains...
The quest began on Monday, hence Malcolm's absence in Sicily. Malcolm was promised an early start on Wednesday so what happened? His diarist explains...
The quest began yesterday, hence Malcolm's absence in Sicily. Now, events move on, as his diarist explains...
I am off on my annual search for the magic money tree, which, if found, (it definitely exists) will solve all the world’s problems. Just harvest the tree, and Government debt will disappear. Then harvest it again, and the government can give more money to help deal with inflation. It is so simple. I simply cannot see why Uncle Tom, and other wicked Tories, disagree.
I warned comrade Malcolm Stacey and you all that his March 7 enthusiasm for advertising group Mirriad (MIRI) was misplaced and dire results with a piss poor set of excuses vindicate this perma bear once again. Crack out the ouzo. At 21p, down 14% so far today, the market cap is £59 million making this still a stonking short.
These are the most-read articles and most listened-to Bearcasts of the week. The most read non-Tom article is Always Prepare for a Good Story Going Wrong as Gear for Music Hits a Sour Note by Malcolm Stacey, leaping back in to the leaderboard after a long absence, at a fantastic Number 1 or Number 8 if you include Bearcasts.
In this Bearcast, I start with the pain I feel after a training walk, knowing that 99% of Bearcast listeners have NOT donated to the rogue-bloggers-for-Woodlarks article. My first big training walk is described (with photos) HERE, and you can make that donation HERE. Then, it is onto Jubilee Metals, and 2 reasons why I expect the shares will head to 25p. Finally, you may have noticed Malcolm Stacey's absence. I explain all; I don't think I am being unreasonable.
I record looking up at the mountains behind the Greek Hovel. Why on earth are we heading back to Wales? I shall miss this place badly. Then, onto Netflix. Finally, I explain why Malcolm is wrong on shares generally, but also on Gear4Music (GFM), where the only unknown is the scale of the share price collapse, a process far from complete.
I start with good news concerning my mother-in-law, which suggests my current living - where folks pay £5.99 a month to hurl abuse at me - is maybe not such a desirable career. Then onto Kefi Gold & Copper (KEFI), and what I have told 'arry Bloody Adams should happen next, in light of his latest e-mail to me. Then onto Vast Resources (VAST) and Eden Research (EDEN), not Pharma as I misspoke in the podcast. Finally, Gear4Music (G4M), which is enough to turn fanboys Paul Scott and Malcolm Stacey to drink. Vindicated yet again as a bear, I warn of worse to come, following today's bullshit-heavy trading statement.
The new CEO of IQE (IQE) – the chipmaker who seduced both Malcolm Stacey and thirsty Paul Scott – starts his reign where the old one left off, as dismal calendar 2021 results post today. Will this company ever generate cash?
Between Boxing Day and January 3 all of our writers will be serving up their share tips of the year for 2022 – and now a new occassional contributor has stepped up to the plate so that will be 24 tips. Eleventh in our series is a BUY from Malcolm Stacey.
Between now and January 3 all of our writers will be serving up their share tips of the year for 2022. Fourth in our series is a BUY from Malcolm Stacey. Getafix writes:
Merry Christmas, Share Helpers. This old punter has an uneasy feeling the number of readers of this seasonal seminar – like the chances of snow on the big day – dwindles every year. However, as long as just a few Christians hold the line, it’s possible there’ll be a resurgence in religion in the future, possibly as the world becomes more enlightened with greater eduction and fewer disasters. Though I don’t expect non-believers to agree with any of that.
I discuss all the things that tell me that we really are at the fag end of a bull market. Folks are exhausted by the endless placings, by the lies and the culture of accepting wrong doing. I disagree with comrade Malcolm Stacey, seeing no reason for a Santa Rally next week.
I have not fired him or, so far this week, Darren. But perhaps a P45 for the Canadian socialist crackpot is called for once again. After all it is almost Christmas and what else could I give him?
Just how many profits, or rather lack of profits, warnings has IQE (IQE) issued during the 21 years since its 2000 IPO at c400p. The shares are today 40p after the Pride of the Welsh tech sector added another warning to its, already extensive, collection. I hope that folks have listened to my warnings over many years that this is a dog with fleas, or ci gyda chwain as we say here in the post-industrial, rain sodden, second world province.
There are a few things that I disagree with Comrade Malcom Stacey about: all this green shite from COP26 for starters. Just how great meat tastes is another. And whether the Guardian newspaper has any useful purpose other than to light a fire is a third. A fourth is Feedback (FDBK) which he keeps tipping and which I regard as a cash guzzling, jam tomorrow generating, worthless piece of crap which serves only to enrich City financiers and has two decades of failure to boast about. So today we have (dire) results and a £10.5 million or more fund raise. A bookbuild is underway.
I start with how I am terrorising folks in this hotel as I sneeze in the lift and droplets fall from my ever redder nose. I know I don’t have covid, they don’t. Then I move onto Malcolm Stacey and inflation. Then onto Bidstack (BIDS), a train crash in the making. Then I discuss the lorry driver and cabbage picker crisis with a joke at Jim’s expense and also what is the obvious solution.
Crafting a brief one side of A4 trading statement as chip maker IQE (IQE) has today is not exactly a great effort. This is not translating the complete works of Shakespeare into Hungarian and then onto Welsh. So if something is left out, you must ask why?
The top non-Tom article this week is Good news at Morrisons (and possibly Playtech) by Chris Bailey of Financial Orbit at number three or number five if you include the Bearcast and Tom’s new shareshow. The Pub Quiz also sneaks onto the list at number ten. Yet again.. Which one is the best of the week? Tell me in the comments.
I would never fire Malcolm or indeed any writer here for what they write (within reason). This website believes in free speech so folks can say what they think even if it involves a brutal attack on a company in which I own shares. That is why, I think, our writers enjoy working here rather than on other sites where they would, I am sure, earn more. However… for a brief millisecond today, Malcolm pushed me hard…
With Gift Aid, we are either at £30,000 or just £1500 short of that on Rogue Bloggers for Woodlarks. Lucian is walking the 34 mile course today so think of the rain and please donate HERE. My friend Malcolm Stacey is a naughty old bull. I discuss his column today HERE and why he is just wrong.
Tomorrow sees a 23 mile training walk. It is nothing to do with the fact that the mother-in-law has just arrived but a recognition that Rogue Bloggers for Woodlarks and that 34 miles is now just 5 weeks away. Think of the pain tomorrow and please donate HERE – we are now at just under £14,000 so please do give what you can afford. In the podcast, I look at the green madness of Malcolm Stacey, Boris Johnson and creepy Joe Biden and why I do not believe in any of it and how I shall make money from it. Then I discuss the scam, I exposed today, of claiming that a dual OTC listing will push share prices higher: it will not!
Hello, Share Pickers. I saw on TV the heart-rending story of a baby with a brain tumour. At one stage, all the poor parents could do was hold her hand as extreme pain killers were given to this tiny little girl. How could God allow this to happen to a baby so innocent and vulnerable?
I end with a few notes on Woodlarks. There are now 7 walkers confirmed – please do make a donation HERE. Then I discuss 2 acid tests today for the FCA: Supply@ME Capital (SYME) and Lyin’ Chris Cleverly’s planned RTO into Stranger Holdings (STHP). Then I look at St James House (SJH) and wonder if the taxman needs to have a butcher’s at 4 of its disposals involving John Botros. Then it is onto IQE (IQE) and why Malcolm Stacey and thirsty Paul Scott are wrong. Finally a look at Jubilee Metals (JLP). I look at the fundamentals after today’s interims and conclude that the shares should be well North of 20p. Then I discuss the matter with the world’s leading analyst of PGM stocks beginning with J for his input.
I start with a joke about Lord George Young and the late Jimmy Savile prompted by a discovery my sister made today in Shipston. Then I look at IQE (IQE), Cineworld (CINE) and the scandal that is the David Beckham linked pot IPO.
I start with the weather. Guess what it is like in Wales today. I end with Joe Biden, what I shall NOT be watching tonight, what I fear from the next four years and why. In between, I look at IQE (IQE), Bidstack (BIDS), Xtract Resources (XTR), Eurasia Mining (EUA) and Greatland Gold (GGP). But it is mainly IQE.
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?
Before we get to the most read articles, I’d like to point out my tip of the year 2021. Before you dismiss it as the ravings of a scoffer, I’d like to point out my 2020 Share Tip of the Year was Flutter (FLTR). You could have been in at 9,300p and it’s 15,110p today. My 2017 UK Investor Show tip was an eight bagger (It was Versarien (VRS), still doubled if you held it to today), and my 2018 UK Investor Show tip, Red Rock Resources (RRR), also doubled if you held it to today. And as long as you didn’t count IOMart (IOM), which I also recommended last year, you would have been quids in. Watch for my new paid newsletter on ADVFN, Random Hot Coin Flips for only £25 per month, available on the first day of the second quarter.
I start with the issue of how we all delude ourselves about how bad bad news can be. My case study is Octagonal (OCT) and the scale of any likely punishment by the SEC. Then I ask whether we should all jump on board Malcolm Stacey’s green shite bandwagon and abandon any “dirty” old world plays? You see it is not as simple as the old guy claims. Do you remember when he was telling us all to buy Radio stocks back in 1927?
Between December 24 and January 3, the entire team here at ShareProphets is serving up our tips of the year (22 in total). No 9 is a buy from the father of the chapel, Malcolm Stacey.
Between December 24 and January 3, the entire team here at ShareProphets is serving up our tips of the year (22 in total). No 2 is a buy from Malcolm Stacey.
I start with a baby Priti update and also a story about my Dad. Then a look at the supermarkets and £1.9 billion of our cash they should not have. Finally I note Malcolm’s optimism on vaccines and a return to normal and I explain why I think the old boy is, as is his wont, far too optimistic.
I start with news on daughter to be Priti – the arrival is delayed. So that is more time for Bearcasts then. Then I discuss Advent calendars and recommend this website. Hat tip Malcolm Stacey. Then it is onto Curzon Energy (CZN), Netscientific (NSCI), Novacyt (NCYT), Uru (URU) and to Bluebird Merchant Ventures (BMV).
I refer to Malcolm Stacey’s earlier piece and take him to task, although I discuss the regional housing shifts he mentions in a more charitable light. I look at the new IPSX Exchange and suggest it has a problem. Then I respond to PL’s charge that I support unethical capitalism involving screwing everyone to make maximum profits. I don’t think this and I don’t think it makes any sense but that does not mean that tree-hugging capitalism makes any sense either, except for Sandra Bates and other members of the 1%.
Even where the Government is testing like the blazes to cover its arse and con us into believing that its coronavirus response was sensible and proportionate, it is struggling to find cases. In the new 'hotspot' of Blackburn where there is mass testing, the cases are just 77 per 100,000. Of those found posititve, nearly all of them are asymptomatic so would not have known they had Covid had they not been tested. This testing is not saving any lives.
I am snowed under with work for MineProphets tomorrow and I have now bought a second new stock on the basis of videos I have taped. I shall reveal both stocks tomorrow at the show and you can grab your ticket for just £2.99 (worth it for these tips alone) HERE. Elsewhere in the show I discuss Asiamet (ARS), Boohoo (BOO), R4E (R4E) and wicked old, not so ethical Malcolm Stacey and HSBC (HSBA) and Standard Chartered (STAN) as well as the British banks.
Maybe I should just listen to old Malcolm Stacey and buy all the shit on AIM and watch it roof it. What a crazy world we live in. In today's bearcast, I cover Supply@ME Capital (SYME), Eurasia, EUA, Trafalgar Homes (TRAF) and dodgy Chris Akers and Manolete (MANO). This weekend I shall abandon my gardening and record the first 10 hours of video for MineProphets - remember to book your seat HERE..
A week ago, Malcolm Stacey could have sold his shares in Avacta (AVCT) at more than 200p each. In fact I think the old trading genius might just have done that. Then the company started “sounding out” investors about a fund raise and, not that anyone in London ever breaks insider dealing laws so this is a total coincidence, the shares started tumbling fast. As I write they are off by 5p at 132-5p as it has announced am up to £45 million fund raise at 120p. I don’t blame it.
Malcolm will not approve of this as he regards it as unethical. But I am getting older and, to date, Centamin (CEY) and San Leon (SLE) are the only dividend paying stocks in my pension. And that has to change
Hello, Share Fliers. Though I didn’t think I’d miss going to church in these dark days, I do. Our three-hour Good Friday service was cancelled. As well as every other service or church function for goodness knows how long. But all those denied an Easter church service - more than attend Saturday football matches - are still able to take part in online services.
I start with Malcolm Stacey's column today and explain why he is wrong in his conclusions about supermarkets. Then I try but fail to answer Leeson's question about the markets. I discuss Zoetic (ZOE), Marks & Spencer (MKS), JD Wetherspoon (JDW), Future (FUTR), Rightmove (RMV) and Purplebricks (PURP)
In today's podcast I look at Intu (INTU), Rightmove (RMV), Purplebricks (PURP), Iconic labs (ICON) and Nanoco (NANO).
At eleven minutes past ten this morning AIM-listed penny-dreadful, to quote poor Malcolm Stacey, Tertiary Minerals (TYM) announced a placing of one hundred million bits of confetti at 0.275p to raise just £275,000 (before expenses) and a shiny new Broker in the form of Peterhouse, which arranged the issue and is set to receive five million warrants at the placing price. Nice work for the flippers – especially since the shares were 0.41p immediately before the announcement and thus the discount was a tasty 33%. And compared to the 0.87p the stock hit in the wake of the ramptastic announcement the day before (awful, as usual) results were released the placees must think it is Christmas.
I start with the great global warming nutter who is here today. I then deal with another of that ilk, Malcolm Stacey, and his worries about owning oil shares. I coment on how central bankers might respond to Coronavirus but ask if it will work. I look at Angling Direct (ANG) and Sirius Minerals (SXX).
Someone has gone to some trouble compiling this rather long video of Show Me The Money, the daytime programme of the year 2001. I am asked if it brings back happy memories? Nightmares more like. Louise Noel was rather foxy but gosh the show was rubbish. And almost all the companies featuted on it have gone bust or just lost shareholcders vast amounts of cash. A warning to those filling their boots with today's hot stocks. It will NOT be different this time. Footnote, SMTM was the first time I met Malcolm Stacey so it was not all bad!
Excluding ShareProphets radio 23, the most read non-Tom article this week is Avacta - It Gets Even Better by Malcolm Stacey,back on the leaderboard at #11 or #18 if you include Bearcasts.
I start and end the podcast defending the editorial style and approach of this website, based as it is on free speech and on nailing crooks, from two seperate attacks. In between I enter the raging Hurricane Energy (HUR( battle with my own, balanced and detailed, thoughts and comment en passant on the big news today: Malcolm Stacey's severe case of #TrumpDerangementSyndrome and the real shocker, the terrible news about Cheryl Cole.
During the first seven days of Christmas each of the team will serve up two share tips (buys or sells). I will serve up 4. That makes 20 in total. Enjoy our share tips of the year 2020. Eighteenth up is a BUY from Malcolm Stacey who owns shares in the company below.
Over the next week or so each of the team will serve up two share tips (buys or sells). I will serve up 4. That makes 20 in total. Enjoy our share tips of the year 2020. Second up is a BUY from Malcolm Stacey who owns shares in the company below..
With a stack of high-yielders which the market might suggest were due to chop their dividends (which is why, on paper, the dividend yield is high) and so far two payouts having come under the guillotine, it is with some trepidation that I thought it was time to take a look at my mini-portfolio of dividend munchers’ stocks. I offer no recommendations here but my mini-portfolio of Vodafone (VOD), BT (BT.A), Centrica (CNA), ITV (ITV) and recent addition Centamin (CEY) is supposed to be beating bank interest but most have been notable for share price slippage over the past few months. I’d better take a deep breath…….
Fear not. The old coot is not, is not, as far as I know, dead.
I like Jordan Roy-Byrne’s analysis – even though he’s a technical analyst. Part of that is because he doesn’t draw magic squiggly lines and predict what the CEO of a company will have for breakfast next Tuesday. Part of it, however, is that he’s not just a technical analyst – he learns from history too (something I wish the great and the good at Westminster would follow), and looks at fundamentals too. So with all the gold so-called experts seemingly in mega-bull mode (and we’ve featured a good many on ShareProphets), for balance I thought I would share some of his thinking, because he’s no bull right now – although be in no doubt, he is in the longer term.
In this fifth edition of the ShareProphets Radio podcast sponsored by Riverfort Global Capital, this week, in order I discuss the morality of short selling or writing bearish articles, I interview a saint ( well in stockmarket terms) Malcolm Stacey who though a moral man is highly opininiated and has a tip or two, then I discuss Burford (BUR) then it is part two of the Sam Antar interview in which the king of the fraudsters looks at today's fraudsters, Elon Musk & Tesla, AliBaba, we cover Burford and useless accountants and so much more. Enjoy. If you like this and can't wait seven days for more of the same you should listen to my Bearcast every day.
In today's bearcast i shut the windows at the Greek Hovel to cut out the noise of the cricket circus. I really could stay here for good and not come back to the UK. The Mrs is not so sure but she is warming to the idea. In the podcast I look at St James House (SJH) a POS handing me a bit of a triumph as accounts restated, Big Dish (DISH) - which I expose for lying and mugging poor old Malcolm Stacey HERE - have some folks no shame? I also look at Kier (KIE) and Thomas Cook (TCG).
In this podcasr I look at Sports Direct (SPD), the economic mess in the Eurozone that lunatics like Malcolm Stacey want us hooked up to and at Kier (KIE) - when did it become uninvestable and is there a bull case?
I start with a few notes on tomorrow, logistics and the funeral of Uncle Chris Booker. Then it is onto Yourgene (YGEN), Thomas Cook (TCG), Advanced Oncotherapy (AVO), Amur Minerals (AMC), and the dog St James House (SJH) formerly known as the Boxhill hound.
The silly campaign by whining remoaners to boycott JD Wetherspoon (JDW) is not working. Ha! For the 10 weeks to 7 July 2019 like-for-like sales increased by 6.9% and total sales increased by 6.6%. Year-to-date like-for-like sales have increased by 6.7% and total sales increased by 7.4%.. In bringing us this good news, chairman Tim Martin is again our hero of the day for some sane words on Brexit Tired of Project Fear from the BBC, the Quislings at the CBI, The Guardian, the pink comic that is the FT and our own Malcolm Stacey? Over to Tim who writes:
In today's bearcast I explain why I disagree with Malcolm on Bigdish (DISH) this morning. I look at IQE (IQE) and the growing risks after today's statement and there is a final appeal on Rogue Bloggers for Woodlarks. we are now less than £4,000 shy of the £50,000 target, if you have yet to donate please do so HERE. I have a few words on the departure of the useless, mendacious and despicable old hag, Theresa May
Last time Neil Woodford piled in for shares in Card Factory (CARD), back in October 2017 at c. 315p, the shares were hit by a profit warning and slid to 232p in January 2018. With 5.02% of the company, Neil Woodford was sitting on a loss (of other people’s money) of some £54 million and Tom Winnifrith was scathing. Well, the shares are now around 186.5p and the market (including Tom Winnifrith) is wrong, natch. We know this because Neil has been buying again, taking his holding to 10.06% last Friday. Heck: only 40% down – this is a winner, let’s buy some more!
Malcolm was talking his own book on IQE (IQE) this morning and I did my best to put the bear case HERE. However this response to Comrade Staceys post of earlier, in the comments section, from bearish fund manager Duncan Stewart merits a wider audience. Over to the great Scot:
Sorry, I know you thought Joshua was better than i was yesterday but it is just me today. Good news arrives in the post here at the Welsh Hovel. I shall be able to vote for Mr Farage in the European Elections and, better still, the Mrs won't be able to vote for the commies. In the podcast I discuss IQE (IQE) where Malcolm Stacey has it all wrong, Purplebricks (PURP), Eqtec (EQT), Argo Blockchain (ARB), Bushveld Minerals (BMN) and Dev Clever (DEV). And to the 75% of bearcast listeners yet to do the decent thing: we have now raised almost £19,000 for Woodlarks ( and have another £5,500 pledged) so please help us get towards our £40,000 target with a donation today HERE
Actually I am being generous. One might suggest that certain undergarments are look very combustible. I am sure that when Malcolm becomes aware of this he will wish to revisit his position. This is a scandal, the company has declined to comment and its advisors do not seem to give a damn either, their excuses are risible.
In case you feared that the lack of a daily column from Malcolm means that our 158 year old anchorman had gone to a better place. Fear not. He has but it is not that Heaven...
I start with a brief discussion of my first longish Woodlarks training walk. 12 Miles done and dusted. As you consider my rather smelly feet please make a small donation to rogue bloggers for Woodlarks HERE. Then I look at Provident Financial (PFG) and mention BCA Marketplace (BCA) and Purplebricks (PURP) en passant before commenting on Malcolm Stacey's article of earlier on penny shares.
Thirsty Paul Scott and his boss Ed Croft at Stockopaedophile do not like me. Maybe that explains Paul's very sad attack on Optibiotix (OPTI) yesterday which was strewn with factual errors and poor analysis. Or maybe Paul was just pissed after pouring too much vodka on his cornflakes that day. I go through his article pointing out the string of errors. Clearly Paul is not a well man and we should pray for him. Elsewhere I look at Sabien (SNT), its knob head boss, dodgy share dealing, the cash crisis and why it is fecked. I cover Cabot (CAB), Wandisco (WAND) and then take a look at Motif Bio (MTFB) - a share tip from Malcolm Stacey where, I have told him, you all deserve an update - and a related party Amphion (AMP), which looks pretty fecked too.
I just realised that we are coming up on our sixth year of publishing ShareProphets. (The actual date is in April).
No not Malcolm Stacey again although he is mentioned. Instead I look at how to value a cyclical stock, I cover Mortgage Advice Bureau (MAB1), Zoo Digital (ZOO), Amur Minerals (AMC) and Flybe (FLYB)
Make sure your kids do not listen to this podcast. Today I cover the latest bonkers idea from Malcolm Stacey, NetFlix (NFLX), tesla (TSLA), IQE (IQE), Dods (DODS), Flybe (FLYB) and Totally (TLY). I also explain why I am even more of a f*cking feminist than before, as of today.
Between Christmas Day and January 2nd we shall be publishing more than 20 share tips of the year – buys and sells. Eleventh up is the second from Malcolm Stacey.
Ahead of a more comprehensive review of annual broker and tipster activity next week, this week’s article focuses on two expected early-January trading announcements from Next (NXT) and Staffline (STAF). Strong returns on Next shares were wiped out during a disappointing second half to the year, while shareholders of Staffline will be happy with a return of over 20% in 2018. Both updates will be seen as important early indicators for their respective sectors, but are brokers and tipsters bullish about both companies’ future prospects?
Between now and January 2nd we shall be publishing more than 20 share tips of the year – buys and sells. Second up is one from Malcolm Stacey.
The biggest casualty of the week was online fashion retailer ASOS (ASC), which was toppled from its position as the most valuable company on AIM after shares sunk by 50%. Investors were spooked by the company’s trading update for the first three months of the financial year – released on Monday – warned of a “significant deterioration in the important trading month of November and conditions remain challenging”. After three years of impressive returns, 2018 had already proven a fairly rough year for holders in ASOS prior to this week’s events. Still, brokers and tipsters (on the whole) have been bullish about the future prospects of the company.
There were numerous entries to this caption contest as you can see HERE although once again our in-house BB loon Wildes got overly excited looking at pictures of the crazy cat lady Carole Cadwalladr and thus served up a number of utterly non relevant observations. There can only be one winner of the semi naked photo of Britain’s top share blogger (mornings only), thirsty Paul Scott and it is…not Wildes. Instead the victorious caption for the photo below is:
For some reason the old boy has not been banging on about the Santa stockmarket Rally quite as much this year as usual. In that vein, for the chance to win a semi naked photo of Britain's top share blogger (mornings only) thirsty Paul Scott, please supply suitable captions for the picture below in the comments section. The deadline for entries is midnight Sunday... do your worst.
Malcolm wrote a piece today on Brexit and shares. Quite simply he is talking unmitigated bollocks and I explain why.
I wonder if this reader is Malcolm Stacey in disguise? He seems a terribly optimistic fellow dismissing all my bear points made in today's bonus bearcast. Calling himself "KeepingTWhonest" he opines:
This bearcast is prompted partly by news Purplebricks (PURP) is not telling you about and partly by Malcolm's buy note on Bovis (BVS) earlier and partly on some new housing data out yesterday. Suffice to say Purplebricks is in ever deeper merde, Malcolm Stacey is wrong and there really could be a big fall in UK house prices and volumes and it is just partly linked to Brexit. It is a pin and we know there is a bubble.
What blue chips do the "professional" share tipsters like and should we care?
It's trebles all round on Malcolm in the Punter's Return becuase, as you can see below, we have indeed found and located the Magic Money Tree. The nation's problems are all over, vote Corbyn, sit back relax and await paradise on earth.
Just over a year ago ShareProphets went from an advertising model (i.e. letting evil Google bleed us dry) to a subscription based one. That means we can write what we want and thanks to well over a thousand of you, our revenues have gone up and we did, actually, make a tiny, debut, profit last month. Hooray! But perhaps you are reading this article sitting outside all walls and have not signed up for full access at just £5.99 a month HERE. Just think what you are missing…
I start by referring you to a video just up of my labour of love, the Greek Hovel, which you can see HERE. Then I take apart the bullish nonsense about the stockmarket Malcolm Stacey served up yesterday HERE. Finally I look at IPOs planned for the next few weeks such as that of Sam Smith's FinnCap and broker AJ Bell. Why oh why go now? Surely they are both either mad or desperate? I discuss in detail why both should be avoided like the plague, referring also to the Funding Circle IPO debacle.
In today's podcast I look at Purplebricks (PURP) and whether Neil Woodford is going nutso, Tesla (TSLA), RPS Group (RPS), Debenhams (DEB) and Feedback (FDBK)
I start with reflections on a rather plump young lady not wearing a bra parking her truck in front of my makeshift studio here in Greece. Moving swiftly on, I have a go at Malcolm Stacey over this piece and at James Bowden over this piece. I stand with Chris "three brains" Bailey on the recruitment stocks. Then it is onto BCA Marketplace (BCA). is it still "The Big Short?" I discuss in light of news both from Pendragon (PDG) and from the USA yesterday.
As you may have gathered last Tuesday, Malcolm’s long-suffering wife reckons that he has been spending too much time in The Punter’s Return and so has organised a holiday in Denmark, Sweden and Russia where Mr Stacey hopes to discover the magic money tree and an updated theme for his next novel. We left him landing in Russia and having a spot of bother at passport control. In the last chapter of this series, our senior reporter has now updated us on his progress since…
As you may have gathered last Tuesday, Malcolm’s long-suffering wife reckons that he has been spending too much time in The Punter’s Return and so has organised a holiday in Denmark, Sweden and Russia where Mr Stacey hopes to discover the magic money tree and an updated theme for his next novel. We left him about to catch a ferry from the egalitarian money free funded land of milk and honey that is Sweden and on his way to to Russia. Our senior reporter has now updated us on his progress since…
As you may have gathered on Tuesday, Malcolm’s long-suffering wife reckons that he has been spending too much time in The Punter’s Return and so has organised a holiday in Denmark, Sweden and Russia where Mr Stacey hopes to discover the magic money tree and an updated theme for his next novel. We left him speeding away from border towns in the money tree funded egalitarian paradise of Sweden ablaze. Our senior reporter has now updated us on his progress since…
As you may have gathered on Tuesday, Malcolm’s long-suffering wife reckons that he has been spending too much time in The Punter’s Return and so has organised a holiday in Denmark, Sweden and Russia where Mr Stacey hopes to discover the magic money tree and an updated theme for his next novel. We left him on his way to “The Bridge”, but our senior reporter has now updated us on his progress since…
As you may have gathered on Tuesday, Malcolm’s long-suffering wife reckons that he has been spending too much time in The Punter’s Return and so has organised a holiday in Denmark, Sweden and Russia where Mr Stacey hopes to discover the magic money tree and an updated theme for his next novel. We left him having just arrived at Copenhagen airport, but our senior reporter has now updated us on his progress since…
As you may have gathered yesterday, Malcolm’s long-suffering wife reckons that he has been spending too much time in The Punter’s Return and so has organised a holiday in Denmark, Sweden and Russia where Mr Stacey hopes to discover the magic money tree and a theme for his next novel. We left him at Heathrow, but our senior reporter has now updated us on his progress…
Mrs Stacey says that I have been spending too much time in the Punter’s Return reading dull articles about shares and that we need a break. She says that I need inspiration for my next novel and so has suggested that we head off on one of those holidays advertised during Midsomer Murders for a more mature and sophisticated audience.
In today's bearcast I look at Vela (VELA), Debenhams (DEB), Nakama (NAK) and why Malcolm Stacey's bullishness on the house builders is a sign of madness, I think I need to send the old boy on a holiday to reflect. Yields of 8%, 9% and 10% for a sector tell you that what lies ahead is very bad news indeed, including, almost certainly, dividend cuts.
I note Chris Bailey's excellent article earlier, HERE, and have to say he is bang on the money and those who advise buying housebuilding shares such as Andrew Monk and our own Malcolm Stacey are very wrong. The equity markets are telling you there is a stack of trouble ahead.
In today's bearcast I explain a few flaws in today's article HERE by Malcolm Stacey on Brexit and shares. And why, for once, Donald Trump calls it wrong when he says companies should report less often. Then I take on Mr James Bowden of Stockemndation after his latest article HERE -why brokers and newspapers are to be ignored when they say BUY. Finally Tesla and Elon Musk, I look at the latest developments at Musk's clear mental breakdown (I should know about it, but it was six years ago for me) and at why Tesla could be a zero and far faster than folks think.
Hello Book Lovers. Writing for Shareprophets. com has given me terrifying insight into the world of dark horror. So I wrote a scary novel called Black Snow.
Like Malcolm Stacey, I too had a Beaufort account. I was taking a casual peek through my Junk mail late this afternoon and to my horror found an email telling me the deadline to get a claim in for my small handful of shares, in the event that PWC's charges for the fishing expedition saw them sell my shares. Since there was no cash (I took it all out a long time ago), I expect the portfolio to take a hit.
So far it has been a good day. I look at four shares I own: Optibiotix (OPTI), Falanx (FLX), Premaitha (NIPT) - yes Wildes you are wrong! - and Sosandar (SOS). And I comment on today's Julie Meyer bombshell. Praise be the Lord. I look at Beowulf Mining (BEM) and wider lessons after its placing and then discuss housebuilders in general after Chris Bailey's excellent article HERE. Chris is right, my old friend Malcolm - a sector bull - is wrong and I explain why.
This week all of the team will tip 1 stock - long or short - which presented at UK Investor on Saturday or was mentioned in a presentation. For paying customers only, third up it is Malcolm Stacey.
Thank you to the many ShareProphets readers who came by the stand at yesterday's UK Investor Show. It was terrific to meet real, live, readers and to hear how they enjoy and profit from the site. I tried to thank each one personally for subscribing, as those subscriptions keep ShareProphets thriving.
If you have been to the UK Investor Show before you know how educating and exciting it can be. Now, with the show owned by Nigel Wray's family, the 2018 event on April 21 in Westminster is set to be the biggest in our 17 year history and also the most spectacular. Book today and we can still email you a ticket to be there
I’ve been wandering through my list of tasty-looking dividend plays identified HERE for further additions to my dividend muncher’s list. The first was BT (BT.A) which I bought at 225p and has since risen nicely to 241.5p. We’ll see how this plays out when its results are released early next month, but so far, so good. My second choice was Centrica (CAN), but I haven’t taken the plunge there yet. Working down my list of high yields, it has been too easy to rule out most of them but I alighted on ITV (ITV) and I wonder if now may prove a good time to climb on board.
Hello Share Packers. We all know the big UK Investor Show is at Westminster next week, compere Mr Malcolm Stacey. And, because you’re serious enough about shares to be on this magnificent website now, I bet we’ll be meeting a few of you on Saturday. I’ve been attending the show for years now, so allow me the impertinence of giving a few tips on how to wring the best from your visit.
The excitement mounts as the Winnifrith family heads off for a day at an owl sanctuary for that is the current obsession of young Joshua. Ahead of that I reflect on themes touched on by Malcolm Stacey today (HERE) and also Chris Bailey (HERE). I go far further than they do. The times they are a changin' and not for the better. Bring on the goats. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH
Bad language alert. No I am not referring to Mrs Stacey. I would not dare but to Feedback (FDBK) which has done a placing today but another one is needed soon. I look at Mosman (MSMN) which has had terrible results and imagine the conversations round at SP Angel as poor Zac Phillips is forced to pen another buy note on this POS. I look at results from UK Oil & Gas (UKOG), the RedX (REDX) disaster, RM2 (RM2) and Conviviality (CVR). I really enjoyed today's podcast and - conceitedly - think it is rather a good one.
IQE (IQE) the manufacturer of wafers which pretends that it is the next ARM and is the darling of Bulletin Board Morons, brokers looking to earn 5% on the next placing so writing ramptastic research reports today, avid broker report reader Paul Scott and our own Malcolm Stacey, has served up results for calendar 2017 which will please everybody.
It's been an ongoing trope on this site to note when mainstream media ties itself into knots trying to avoid mentioning the word ShareProphets. Instead, they tend to refer to our dozen writers as a 'blogger' or, in more convoluted cases, as 'an Italian newspaper.' But finally! We have a brave newspaper, the Western Telegraph, in Haverfordwest has referred to our name in full. No wonder that they were named the best weekly newspaper in Wales.
To be clear, I don’t believe Malcolm has ripped off shareholders in an investment trust he manages by stuffing it full of unquoted stocks to save his bacon elsewhere; however, he does seem to have picked up a few of the “star fund manager’s” bad habits when it comes to a stock, namely Feedback (FDBK).
Between December 24 and January 2 we are serving up 24 share tips of the year from our team of writers at ShareProphets. The share tips are for paying subscribers only. Next up, the second of two ideas from the grandfather of share blogging Malcolm Stacey.
Between today and January 2 we will be serving up 24 share tips of the year from our team of writers here. The share tips are for paying subscribers only. We start with the first of two ideas from the grandfather of share blogging Malcolm Stacey.
Ahead of 2018's selection to follow over the next week or so, how have 2017's tips fared to-date?...
This week, ShareProphets writers presented seven tips to buy for Christmas, including one from me. My original suggestion was vetoed by Tom as being 'not on AIM' and 'too weird.' But I'll share it with you now.
We start our seven share tip Tuesday with Malcolm and Nigel. Like all the other writers they were asked to tip a share to gain 33% by Christmas. In both cases they have put their money where their mouth is. First Malcolm Stacey..
Malcolm outlines a strategy today for playing AIM Casino stocks which I regard as folly. I explain why it could go disastrously wrong in two ways. Then I look at the wider asset bubble in relation to art, soccer players, real estate and new media and how that impacts on the stockmarket and will, in due course, implode.
This is a two part bearcast. In part one I discuss what is the biggest single investment we have made for a couple of years which comes back to the market this week. I explain why I am excited and why we have gone in big. Then I pick up on Malcolm Stacey's article yesterday on Day Trading. A) Don't do it and B) why this is one of many signs that remind me of the latter stages of the 2001 bull market. I recount my failings as a whistleblower then and why I am so depressed by the sordid antics of today's AIM
Some posts on our comments section are so interesting that they merit a wider audience. Overnight Paul Scott, Britain;s top share blogger, served up a really interesting one on ASOS (ASC), prompted by Malcolm Stacey's recent (bearish) article here. This is really very interesting analysis. The great Scott writes:
That fact that Bearcast is popular is not surprising, but consider that it underreported: hundreds of ShareProphets members that use their private feed to download Bearcasts to their smartphones and computers, which don't show up in the page views.
I still do not understand bitcoin as a currency and store of value. For me, gold fills that space. Maybe I am just getting too old. But at least I am not yet 239. I refer not to Malcolm Stacey who is only 184 but to gold bullion dealer Sharps Pixley which was founded in 1778. It is now allowing folks to buy gold with Bitcoin using the processor Bitpay.
It's week two of the reader-supported ShareProphets and everything is going better than planned, which is a very disconcerting feeling. Hundreds of readers have joined and we have far exceeeded what we were previously receiving on the advertising and free access model. At this rate we will be covering our current cost base and be able to contemplate the first pay rises in 4 years, for your writers, by November.
Malcolm Stacey today reckons that Aeorema (AEO) is a buy at 26p, HERE. Sadly he has got his numbers wrong. Steve Moore reckons it is a sell but I think his analysis is wrong. I enter this grudge match with my verdict in a bonus podcast.
As of midnight if you are not paying just £5.99 a month you lose access to our 300 articles and podcasts a month. In this video, the grandfather of share blogging comments on my use of French but explains very clearly why you'd be bonkers not to sign up. It is a false economy not to join as Malcolm points out very clearly. So watch comrade Stacey in action and then sign up NOW HERE
Tom has returned from his sabbactical and the stats speak for themselves: you people like Bearcasts. I can only imagine the plight of our readers for the past five months, fetal position on the floor, listerning to a skipping Victorola or the snow of an untuned wireless waiting for the return of Bearcast.
The summer silly season is now over, and over 77,000 individual readers read ShareProphets during the past week. That's 77k readers who came to read real analysis and honest opinion. ShareProphets doesn't aggragate stories, we don't do clickbait, and we don't coddle our readers. You should be proud that you're one of them.
It is almost three years since the Equities First Holdings story hit the headlines with the deal signed up with by Rob Terry et al at what was then called Quindell – now Watchstone (WTG) – whereby the sale of shares via a non-recourse sell and buyback deal was dressed up as a director share purchase.
Here I am in Shipston with my father who enjoys bearcasts if they mention him so just for that reason I record again. His faux political correctness is exposed by the issue of coverage of women's cricket in The Guardian - the dreadful newspaper he has delivered to try to fool my family of public sector "working" lefties that he is one of them. In terms of the market I look at Carillion (CLLN) and 88 Energy (88E). Shares in both companies are collapsing today and I look at why and at what lessons folks should be learning. You could so easily have avoided losing money on both. Please note Malcolm Stacey and other Ocado (OCDO) bulls, lesson one on Carillion is for you. I also make it clear that while he may have some of the attributes of a Bulletin Board Moron as he showed HERE, Evil Knievil is not, in fact, a BBM, I was just joshing him when I suggested otherwise. En passant I look at MySquar (MYSQ) and explain why today's exposes HERE and HERE may refer to events a long time ago but are pertinent.
Ha ha. We've been waiting for this for weeks, but now Slater & Gordon (who were given all the relevent ShareProphets articles when there was still time to back out) has actually filed suit against Watchstone, nee Quindell, claiming breach of warranty and/or fraudulent misrepresentation for a total amount of up to £637 million plus interest. It almost makes one want to root for Quindell this time.
Malcolm Stacey is old enough to know about King Canute. In fact he is so old that he was there as a boy when the King sat in his chair on the beach and attempted to turn back the tide. Malcolm surely you remember the day as if it was yesterday? In which case why do you forget this valuable lesson when it comes to Inmarsat (ISAT) and your article today in which you misquote me and get it wrong in so many other ways.
England (well mainly the South East) subsidises Wales, Scotland and Northern Ireland. C'est la vie. It is part of being a United Kingdom. Personally I'd send all the Celtic loons packing, give them their independence and slash taxes for we hard working residents of England. But that is not the way and just to rub our noses in it, Welsh resident, Malcolm Stacey celebrates how local councils and the Welsh Assrembly have ponied up £50 million to turn some Godforsaken post industrial shit hole in South Wales into a new "Silicon Valley." Bollocks.
Shares in AIM dog Advanced Oncotherapy (AVO) closed Friday at just 21p. That is below the 25p nominal meaning that death spiral provider Bracknor cannot convert any more loan notes without taking a huge loss and, if that continues, it means the company will go tits up in the summer. Or the former Malcolm Stacey darling will need to approve a capital reconstruction to set a new nominal (2.5p?) which will see the shares plunge, so meaning Bracknor physically can't convert loan notes so Advanced will go tits up this summer. So when will its shares hit 0p or be suspended from AIM? Vote now in our reader poll - deadline midnight tonight.
Malcolm Stacey yesterday offered up a bank holiday sermon on why shares are heading higher and on economics. Sadly old Getafix operates in a post fact era and thus you can read his original article HERE but, since my co-poisoner here in Greece is "feeling unwell" after a late night, I have the time to offer up a translation. My comments are in bold.
In the comments, some people have asked why David Lenigas was asked to present at the UK Investor Show when ShareProphets was just so beastly to him. There are two answers.
The column was delayed today as your humble correspondent recovers from yesterday's UK Investor Show, easily the biggest and best of the 15 years that Tom has been organising these things. This would be my tenth.
I have an awful cold so cannot speak properly and the Mrs is giving me grounds for divorce (again) with awful TV choices as I suffer from my ailments. In the podcast I cover insider dealing (ref Logica), buying after a profits warning (ref Red Rock & SpaceandPeople) and why the bulls are wrong even though the FTSE 100 is at a record high (ref Malcolm Stacey)
I start on the matter of our latest Winnileaks shocker on the fraud African Potash (AFPO). Then it is onto why Malcolm Stacey is just so wrong on the housebuilders HERE. Then I look at Touchstar (TST), Strat Aero (AERO) and Andalas (ADL).
As today is New Year's Day, there is nothing to do but reflect on our activities of the past year and anticipate the adventures of the next. Starting Tuesday, we'll be back full time, although we have a few surprises planned for Monday, Quixotically jousting the windmills of AIM but for today, Happy New Year to you and your familes.
Hello Share Hopers. Gold prices are not as high as they might be, given the shakiness of the major currencies over this year. These currencies may be come even more unstable in 2017 - the dollar, euro and pound.
There could only be one winner this week although there were some cracking entries as you can see here. But congratulations to Goggles for this winner found, natch, on the LSE Asylum Cloudtag thread:
I start this podcast with an absolutely dire warning on property as an asset class. Malcolm Stacey is wrong just look at the most recent Begbies data and think about it long and hard. Then I continue my series on AIM fraud. A to E is HERE. F to J is HERE and today I look at K to O covering Kevin Ashton, Lawyer's Letters, Minmet and Mike Walters, New World Oil & Gas and Odey Asset Management. I stress Odey is not a fraud but I'm making a general point about fund managers. My Scrooge article I mentioned is HERE. The next part of this series is P to T - any suggestions for what Q and T might cover?
Well, it's time to sit back, put one's feet up, and watch how the Cloudtag events unfold. Will the company avoid the terrible fate of the death spiral? Or will it, as the bulletin board morons suggest, suddenly demonstrate a viable and desirable wearable product at the CES 2017 trade fair in, oh, five weeks.
I am utterly wiped out after day one of what looks like being a cracking harvest. A full photo report is HERE. In the podcast I discuss votes tomorrow in Austria and Italy and what they mean and why we bears are feeling good about the lack of a Santa Rally. Trump was Santa this year and that rally is over. I explain why I disagree with Malcolm Stacey's article today. I then look at a number of AIM stocks set to slide and why, as I refer to Steve's piece earlier. In focus: Avanti Communications (AVN), Advanced Oncotherapy (AVO), Telit (TCM), Boohoo (BOO), Tungsten (TUNG), Fastjet (FJET), Cloudtag (CTAG), African Potash (AFPO) and I have a few words about Worthington (WRN)
As I noted in bearcast yesterday I remember my old pal Mark Watson Mitchell tipping ASOS (ASC) at 7p. The shares hit a high of c£70 so that was a 1000 bagger for anyone who got their timing spot on and held. I doubt anyone did. But could there be another ASOS lurking out there on the London Stockmarket and if so what is it?
Malcolm Stacey kindly took the trouble to comment on my piece of Tuesday when I confessed to a bout of extreme nervousness in the wake of the FTSE100 again breaching the 7,000 mark. Answering my concerns the next day, Malcolm was still in upbeat mood. But perhaps not quite as upbeat as we might think: I sense that the ShareProphets uber-bull may be preparing the ground for a spot of nervousness himself, with his suggestion that the markets will continue to rise this side of Christmas. What comes after that?
No doubt raging bull Malcolm Stacey will be crowing and snarling bear Tom Winnifrith will be growling as he changes the nappies: the FTSE100 has, again, popped up through the 7,000 mark. We can expect round 4,953 of the ding-dong between those two in the coming days. But what to make of it – are we on the cusp of a cracking selling opportunity or should we be filling our boots? And if we treat the latest gyrations as a chance to offload, what to do with the proceeds?
There are two parts to this bearcast. First I look at Government Debt and GDP over the past 8 years in the UK , France, the US and Greece and where all four are heading - it will startle those like Jeremy Corbyn, Chancellor Hammond and Malcolm Stacey who still believe in the money tree. Then I look at the great sell indicator that is a broker buy note and explain why.
I see the nutters on Twitter going on about as the share price of some company or other that ShareProphets investigates continues to rise, we're obviously idiots who don't know how to do the only important thing in life - fill yer boots.
Malcolm's article today, HERE, suggests that the men in flapping white coats will be coming for him soon. He is madder than a convention of morons at the Cloudtag (CTAG) AGM. But it is all symptomatic of late stage bull market self delusion. I discuss this phenomena and give explicit advice of how to protect your wealth ahead of the shit storm that is coming. The reference to safe spaces for dippy and pathetic millennials is HERE.
I refer to a podcast I did earlier on Dr King and Donald Trump HERE. Malcolm Stacey has today urged you to buy shares HERE. I am starting to sell FIML owned shares as I am now more bearish than I have been in a very long time. I take apart Malcolm's flimsy arguments but add in a number of other points to make, what I think, is a compelling bear case.
Having had the run around from my Barclays team in Douglas, Isle of Man as I described on bearcast yesterday, I was advised to go to a Barclays branch in Bristol with two forms of ID to change its records of whom I worked for. As I had a dental appointment in town I walked to the main Barclays branch in central Bristol, at Broadmead, where the bastards then wasted another forty five minutes of my life with sheer incompetence.
In this podcast I speculate on how the pace of change is accelerating and what world my son will grow up in. But more importantly I look back to 8 years ago yesterday and 87 years ago yesterday, to what happened then and the mistakes and lessons we all forget to think about as we blunder on. Yes I am talking asset bubbles and stockmarket crashes again. Malcolm Stacey take note!
Today my friend Malcolm has stated that he is giving £1,000 to three Charities helping folks in the Calais Jungle as they wait to (illegally) enter Britain. He urges you to donate and you can read his article HERE. But I urge Malcolm to cancel his cheque and for no-one to give a cent to the Charities because what Malcolm says is just plain wrong. Malcolm means well but is naive and poorly researched.
Malcolm Stacey penned a piece earlier today (HERE) on why shares should rise. They may do so, as we live in crazy times but an number of the "facts" claimed by Malcolm are quite simply wrong. And his thesis is thus built on straw - he is wrong, wrong and wrong again as I explain in this bonus podcast.
I have been doing some work to show that the claims made by the left that Brexit has caused a sharp rise in hate crimes are at best academically flawed and thus unproven and at worst an outright lie. That leads me very directly onto claims made by Malcolm Stacey today on Brexit and house prices as he discussed Foxtons (FOXT) HERE. I take that article apart completely as my old friend is just wrong.
I am challenged to comment on Cenkos (CNKS) as an investment in light of todays news on its role in the Quindell fraud (HERE). Okay, I do my best. Then it is on to Techfinancials (TECH), Advanced Oncotherapy (AVO) and some friendly advice for Malcolm Stacey, Gulf Keystone (GKP), XCite Energy (XEL) and then I end with Avanti Communications (AVN) where I hope you understand the historical analogy.
I am at my father's house in Shipston for my step mother's funeral. Their garden is magnificent and it is a wonderful day in this pretty Warwickshire town. Ahead of that I have a few words on the latest bullish offering from Malcolm Stacey - HERE. Malcolm is just plain wrong.
I have only question this week - and that is what does Malcolm Stacey think of the Caption Contest run in his absense when he went on holidays. Some of you guys were just cruel. Hilarious, sure. But cruel.
There were thirteen entries in the final Malcolm Stacey caption contest as you can see HERE. Thankfully Getafix is back from his time with the Quacks and normal service has now resumed. The winning caption for the picture of the nice young lady below came from Backwoodsman and is:
Sadly Getafix has a routine hospital visit today and so, once again, we must live without his golden prose. Luckily the greedy bastard junior doctors are not on strike for a change so we hope that normal service will resume tomorrow. But Malcolm has managed to send in a snap of one of the nurses treating him and I invite you to suggest a suitable caption in the comments section below by midnight tonight
Day 7 of the Getafix on Holiday Caption Contests saw six entries as you can see HERE. But there was only one winner which, once again, was the King of the Caption Contests himself, Show Me The Cash. His entry to the photo below is:
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