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Keyword results: RNS Reach

ZED
ZED
PREMIUM CONTENT

Zenova – emphasises fire retardant paint order, but what about still the cash burn?

Zenova Group (ZED) commences a “paint order in Greece” announcement with that it “is pleased to announce an inaugural order in Greece for its proprietary fire-retardant intumescent Zenova IP paint combined with proprietary thermal insulation Zenova IP paint for the solar panelled roof market for a large international coffee producer with lots of warehouses across the globe”. Sounds encouraging, but what’s the detail?
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PYC
PYC

Physiomics – ‘contract awards’, how “delighted” should investors really be though?…

Shares in mathematical modelling “to help biotech and pharma companies streamline their drug development journeys” company Physiomics (PYC) closed two days ago at an unchanged 0.975p. Following “contract award” news, what of the shares currently at 1.75p and a £2.4 million market capitalisation here?
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Aferian – 'helps to power new Virgin Media channels’, but ramptastic?…

B2B video streaming technology company Aferian (AFRN) has announced the use of its 24i integrated solution to launch and monetise a new line-up of free ad-supported streaming tv channels on Virgin TV. What of a current share price response here up by 4% to 13p?
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I don't get the OptiBiotix rise based on no actual news flow and think it is over-priced - sell

I know that Tom is definitely going to disagree with me on this one as it is a company that he has been keen on for a long time, but I’m really struggling to see what all the fuss is about with OptiBiotix Health (OPTI), when you look at the actual news flow that the company has announced..
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PYC
PYC

Physiomics – states “substantial project” award. Er, how substantial though?…

Describing itself as “a leading mathematical modelling company… to help biotech and pharma companies streamline their drug development journeys”, Physiomics (PYC) is “delighted that, having worked on a number of clinical stage projects with Bicycle (Therapeutics), we are now complementing these with a substantial project focused on earlier stage drug development”. How “substantial” is this then?
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OptiBiotix Health – SweetBiotix update, product range potentially transformational. Strong Buy

OptiBiotix Health (OPTI) has issued a “SweetBiotix” update announcement, including significant progress in commercial scale production development with final product taste tested and accepted by its US partner. However, what about a more than 60% share price rise in response and now even more?
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Verici Dx – compliance authorisation from an additional four US states, how “important” a step?

Clinical diagnostics for organ transplant-focused Verici Dx (VRCI) has announced what CEO Sara Barrington emphasises as “another important step in our strategy, expanding our commercial reach and making it easier for clinicians to order our tests helping to drive the adoption of both Tutivia and Clarava”. So what is this ‘step’ and what of a current share price response up to 12.25p?
PREMIUM CONTENT

Virgin Wines UK – “significant progress” on a strategic focus…or not?

Online wine retailer Virgin Wines UK (VINO) has announced what it describes as “significant progress” with its strategic focus on commercial partnerships with “a new strategic partnership with WH Smith Travel”. So what of a share price currently further down, to below 30p?
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Live Company Group – ramptastic "Update on K-POP”, now why might that be?

Live events and entertainment group Live Company (LVCG) has issued a “pleased to provide” update on its K-POP events occurring this year, including that Madrid ticket sales are now over 50%, increasing daily and a merchandising agreement is expected this week and that sponsorship and streaming agreements are in process. What of a more than 17% higher share price response to 2.05p?
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Directa Plus – more RNS Reach “news”, how’s that balance sheet currently?

Directa Plus (DCTA) has announced that it has demonstrated on a pilot scale in Romania a “new decontamination solution” for produced water, which comes out of wells during crude oil production, and “is now working with an existing major customer in Romania to transport this new solution for treating produced water inside one of their oil production areas, starting to operate as soon as possible, before rolling out the solution to customers globally”. What of though currently a muted share price response from 68.5p?
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Aptamer – a formal reminder of the caution that should be applied to (ramptastic) RNS Reach announcements

I’ve frequently reminded of the caution that should be applied to RNS Reach announcements… and today a formal reminder of this c/o of Aptamer Group (APTA).
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OSI
OSI
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Osirium Technologies – R&D tax credit and InfoSec Europe RNS Reach. Attempted ramptastic?

Describing itself as “a leading vendor of cloud-based cybersecurity and IT automation software”, Osirium Technologies (OSI) “is pleased to confirm its attendance at InfoSec Europe 2023, and confirms the receipt of its R&D tax credit claim for the financial year 2022”… and the shares have currently responded approaching 19% higher to 1.9p?
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Directa Plus – how much of “a milestone in the sustainable fashion industry” really?

Describing itself as “a leading producer and supplier of graphene nanoplatelets based products for use in consumer and industrial markets” Directa Plus (DCTA) has issued a “New product launch” announcement including a headline “Partnership to introduce GRAPHITO, a ground-breaking eco-denim textile, marks a milestone in the sustainable fashion industry”. So what’s the detail and what of a current 69.5p share price?
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PYC
PYC
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Physiomics – “Collaboration with The University of Sheffield” announcement. RNS Reach ramptastic?

Describing itself as “a leading mathematical modelling company” in drug development and personalised medicine, Physiomics (PYC) states that it is now “delighted to have been selected by The University of Sheffield to support this highly innovative research program with our analytical and modelling capabilities”. So what’s the detail which has helped the shares up from 2.15p to 2.30p today?
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CCS
CCS

Crossword Cybersecurity – “Launch of Ransomware Readiness Assessment Service”, attempted ramptastic?

Crossword Cybersecurity (CCS) has announced the launch of a service which “helps organisations reduce their exposure to ransomware attacks, provides detailed assessments on areas requiring protection and recommends how they should respond to attacks” – noting it is with that “today ransomware attacks are endemic across all industry sectors - the speed of response and lowering the risk of an attack are everything”. So what of the shares still down at 10.5p?
VRS
VRS
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Dishonest journalism or bad journalism or both: Ian Cowie of the Sunday Times on Versarien

At least Cowie, one of Britain’s most senior personal finance journalists, is honest that he is a poltroon, admitting to buying shares in Versarien (VRS) at 177p. They closed Friday at just 3.5p although in his column today where he explains why he is hanging on for a bounce, Cowie says the shares are 5p. But the dishonesty of the journalism is epic.
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Insig AI – “Generative AI Product Capability”, the initial announcement not sufficiently ramptastic?

An announcement on “Generative AI Product Capability” is the latest from Insig AI (INSG) – a “data science and machine learning”technology company I previously commented on just before Christmas. What of a now 13.5p share price, above £13 million market cap?
VRS
VRS
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UPDATED: Versarien: another spoof RNS Reach, can you smell the desperation yet?

The funder of the lifestyle of disgraced, porcine CEO, Neill Ricketts, that is to say Versarien (VRS), will run out of cash and still have debts of almost £8 million by April or May. It has been knocked back on its big grant application to Innovate UK – as revealed here – and so must get a placing away PDQ otherwise the Fat Lady and the Fat Man will be singing a late Spring duet. Can you smell the desperation? For the second time in five days, we have an RNS Reach.
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ACC
ACC

Access Intelligence – how “delighted” to be about recent contract wins?

Describing itself as a “technology innovator delivering Software-as-a-Service solutions for the global marketing and communications industries”, Access Intelligence (ACC) states that it “is pleased to announce a number of contract wins across the globe in the last two months”. So what about these and a current over 3% higher share price response to 79p?
RDT
RDT

Rosslyn Data Technologies – interims argue “look to the future with confidence”, what about the financials and attempted ramptastic RNS Reach then?

Describing itself as a “provider of a leading cloud-based enterprise data analytics platform”, Rosslyn Data Technologies (RDT) has announced results for its half-year ended 31st October 2022 including “expected revenue growth of 121% in H2 over H1… there is growing interest in Rosslyn's services from global blue-chip customers and via its partner network, which is resulting in an expanding pipeline”. So what of a currently approaching 12% lower share price response to 0.75p?

Mirriad Advertising – “thrilled to announce” partnership, attempted ramptastic?

Describing itself as a “leading in-content advertising company”, Mirriad Advertising (MIRI) states that it is “thrilled to announce our partnership with Scripps Networks”. Is it correct to be so?
CMH
CMH

Chamberlin – “Corporate Update”, attempted ramptastic?

Castings and engineering company Chamberlin (CMH) has issued a “Corporate Update” including emphasising “Russell Ductile Castings returns best ever monthly performance, exceeding £1 million monthly revenue for the first time, in November 2022. Investment in new plant and equipment at RDC now complete” and “Group defined benefit pension scheme now in a surplus position”. Sounds good, so what of a currently up to 3.95p share price?

Ethernity Networks – “an important milestone” or attempted ramptastic?

Ethernity Networks (ENET) has announced it has delivered its UEP2025 platform to a “prominent microwave wireless OEM customer”, noting that “the customer has indicated to Ethernity that it expects wireless internet service providers to find the product attractive due to its ability to transmit higher throughput over E-Band 10Gbps radio ports, while utilising existing microwave links as backup for continuous service”. So what of a current share price response up by 7.7% to 10.5p, to give an £8.2 million market cap?

Vianet – how “delighted” to be with new collaboration?, how strong is the recovery now?

Vianet Group (VNET) has announced a partnership which it states sees its “innovative contactless payment solution hardware join forces with Suresite's market-leading acquiring services”, with Chairman & CEO (hmmm) James Dickson “delighted to partner with Suresite in this innovative collaboration proving, once again, Vianet's ability not only to drive new technological initiatives but also to establish new markets for our products”. So what of a share price currently up to 56.75p in response?

Solid State – “significant client” contract award, but how significant in terms of financial outperformance?

Electronics for specialist and harsh environments company Solid State (SOLI) has announced a “£7.3m Defence Contract with NATO”, with divisional MD Matthew Richards emphasising “it is pleasing to be announcing this award with such a significant client”. So what of the shares currently further up to 1270p?

Hostmore – argues “elevating our positioning”, but how effective is it going to be against current headwinds?

UK hospitality business comprising cocktail-led bar and restaurant brand '63rd+1st', fast casual dining brand 'Fridays and Go' and American-themed 'Fridays', Hostmore (MORE) has announced “a major new marketing campaign for its Fridays brand”, emphasising “in an environment where consumers are putting more thought into where they spend their money, we recognise the importance of elevating our positioning”. Really?

Directa Plus – ‘first major commercial contract for Gipave’, “a significant validation”?

Directa Plus (DCTA) has announced “a significant validation of our product… asphalt for the A4 Torino-Milano motorway section, managed by the ASTM Group will be made with G+ graphene”. So what of a current share price of 87.5p, up more than 14% on this news?

KMK
KMK

Kromek – is it right to be “delighted” with its digital detectors news?

Kromek Group (KMK) states that it is “delighted that our CZT detectors have been integrated into Spectrum Dynamics' VERITON-CT 400 SPECT/CT systems… the world's first digital SPECT/CT scanner for higher energy imaging”. So what of the shares currently up approaching 6% to 8.35p?

ITX
ITX

Itaconix – “pleased to announce” distribution program, attempted ramptastic?

Itaconix (ITX), describing itself as “a leading innovator in plant-based specialty polymers used to decarbonise everyday consumer products”, states it is pleased to announce a distribution program with the Brenntag North America business of “a global market leader in chemical and ingredients distribution”, Brenntag SE. So what of a current share price response to 4.75p, more than 2% lower?

PYC
PYC

Physiomics – “pleased to announce” contract award, attempted ramptastic?

‘Drug treatment regimens and personalised medicine consultancy’ Physiomics (PYC) has followed recent half-year results with a “pleased to announce… third contract by existing client, Numab Therapeutics”. So what of a current 2.3p share price?

STG
STG

Strip Tinning – government grant, “a clear endorsement”?

“£1.4 million Grant Secured”-titled announcement from Strip Tinning Holdings (STG) which it emphasises as “a clear endorsement of Strip Tinning's capabilities and harnesses future growth ambitions” and the shares are currently 3.5% higher in response to 75p. So what’s the situation here now?

ITX
ITX

Itaconix – “new global agreement with Croda”, but how new and how significant?

Describing itself as “a leading innovator in plant-based specialty polymers used as essential ingredients in everyday consumer products”, Itaconix (ITX) states that it “is pleased to announce a new global agreement with Croda Inc. in odour control”. What of a share price response currently over 5% higher to 5.10p?

Microsaic Systems – “partnership with Kingfield Electronics”, still how’s that cash burn?

Microsaic Systems (MSYS) “is pleased to announce that Kingfield Electronics Limited has appointed Microsaic as an Authorised Partner for front-end research, development, and engineering product development in scientific instrumentation and micro-engineering”. What of a current 0.08p share price, to a circa £5 million market cap, in response?

RDT
RDT

Rosslyn Data Technologies – argues a ‘contract which highlights the value of partnership with Chain IQ’. Does it?

Rosslyn Data Technologies (RDT) has announced a contract which CEO Paul Watts argues “highlights the value of our partnership with Chain IQ and endorses our strategic decision to focus on a partner-led go-to-market approach”. With the shares currently up approaching 10% to 2.3p in response, a £7.8 million market cap, what’s the detail?

FAB
FAB

Fusion Antibodies – ramptastic patent application announcement, cash sufficient for current requirements?

Fusion Antibodies (FAB) has announced it “continues to work on next generation antibody discovery, and we see significant opportunities in this field… has submitted a patent application in respect of the company's bispecific designs for antigen display”. What of a current approaching 15% share price rise on the back of this to above 100p?

IQG
IQG

IQGeo – emphasises “important project” selection, but how do the financials look now?

Previously writing on geospatial software group IQGeo (IQG), approaching a year ago with the shares at 122p I concluded the valuation looked challenging. The group has today though announced “Global top 5 telecom operator selects IQGeo” and what of the shares sparking higher towards 140p?

Pelatro – “AGM Statement”, what about the recent RNS Reach announcements & broker change?...

Software for customer marketing company Pelatro (PTRO) has issued an AGM Statement including that “contracts announced in the last month in both the telco and the non-telco space demonstrate our continuing success in building the group's recurring revenue base… we are confident of delivering a performance in line with expectations for 2022”. So what of a share price of 27.75p, down from above 40p last Autumn?...

Insig AI – data and research agreement, what about the share price response?...

“Data science and machine learning solutions company” Insig AI (INSG) “is pleased to announce that it has signed a data partnership and research agreement with Blurred Global - a strategy advisor on ESG positioning and corporate communications… that work with FTSE 350 corporations”. So what of a current more than 5% share price rise to above 40p?...

PREMIUM CONTENT

musicMagpie to launch on Back Market – the competitor that could not exist: NOT good news

Today, this was announced via RNS Reach, but, surely, it is significant. In a bad way. In its IPO Prospectus of a year ago, musicMagpie (MMAG) said it faced no competition. That was a lie. It already had, in the form of E5 billion, Unicorn Back Market. Today, music states it will also sell its electronic goods on Back.  The financials…

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DIS
DIS

Distil – “pleased to announce” campaign to further build RedLeg spiced rum, how’s the balance sheet now?

Alcoholic drinks company Distil (DIS) has announced a campaign for its RedLeg Spiced Rum which it emphasises it is “confident… will continue to build on the success of the brand”. What of a current 1.4p share price, £9.6 million market cap here?

CyanConnode – “New contract, fundraising and Indian developments”… or not?...

“New contract, fundraising and Indian developments”-titled announcement from CyanConnode (CYAN) has currently helped the shares up nearly 15% today to 19.25p. So material news?

Directa Plus – emphasised ‘vital step’ helps share price rise, but is it justified?...

Shares in company which describes itself as “a leading producer and supplier of graphene nanoplatelets based products for use in consumer and industrial markets” Directa Plus (DCTA) are currently further higher today to 123p on the back of a “US EPA Authorises Grafysorber for Use in US”-titled announcement. What does this latest here mean?…

Mirriad Advertising – “In-content advertising increases reach” announcement sparks shares, but again ramptastic?...

Describing itself as a “leading in-content advertising company” Mirriad Advertising (MIRI) has made a “In-content advertising increases reach”-titled announcement and the shares have currently responded more than 27% higher to 22p. So what’s the news?…

AIQ
AIQ
PREMIUM CONTENT

Sub-Standard AIQ Moves Into NFTs In A Desperate Ramp

Sub-Standard-listed AIQ, the baby of Andrew Monk’s VSA Capital and Standard List posterboy for all that can go wrong, announced this morning that its IT consultancy business (what’s left of it) has been awarded a contract to supply an NFT marketplace, and that it has established partnerships with two suppliers. Big news……or not!

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Spoof announcement from the Supply@ME Fraud – it is all about getting morons to buy death spiral stock

Heck: today’s news is an RNS Reach, that is to say financially insignificant. But when your entire shareholder base makes a garden worm look like the late Bamber Gascoigne in the intelligence department ,that matters little, Supply@ME Capital (SYME) shares are up by 6% on the news.

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Tern – A Second RNS Reach In One Day….You Can Just Smell Discounted Bucket Shop Placing Coming This Way

Tom Winnifrith pointed to yesterday morning’s RNS Reach from AIM-listed jam-tomorrow IoT investment company Tern plc (TERN), noting that in effect the investment made was worth around a grand. So even if it was a rampant success it would never make a jot of difference. But not satisfied with that Tern issued another RNS Reach intra-day detailing an internet of things standards project with reference to its biggest investee Device Authority. So was this any more significant?

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IGE
IGE

Image Scan Holdings – new industrial customer, but still just how “significant” is the loss to be?

X-ray imaging company Image Scan (IGE) has announced a “New Industrial Customer”, emphasising the customer is a automotive catalytic converters and diesel particulate filters “significant player… with a global manufacturing footprint” and “there is potential, over the next few years, for further orders”. So what of a current share price rise in response to 2.25p?…

Barkby – The (Not Very Good) Pump Before The Dump?

AIM-listed Barkby Group (BARK) has announced the completion of a clinical study by Verso Biosense, a minority shareholding of the company. There were, natch, no numbers from this missive from a lookalike of the Adam Reynolds keyboard, so it is hardly an RNS released to inform shareholders…..but then, it is an RNS Reach.

Mirriad Advertising – emphasises “strategically important” North America progress, but ramptastic?...

Previously writing on company describing itself as a “leading in-content advertising company” Mirriad Advertising (MIRI), last month I noted a further share price fall towards 20p. The shares last closed at 17.25p – and what of now a “Strong US campaigns and new partnership in Canada” announcement?…

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Haydale – As Interims Approach, What Of The Cash Position - When's The Placing?

Last week saw yet another RNS Reach announcement from AIM-listed Graphene play Haydale (HAYD). Reach announcements are used for non-regulatory news, ie non-financially significant announcements and advertising, so a deluge of them is a Red Flag for me, indicating it is bucket-shop placing ahoy.

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ITX
ITX

Itaconix – “trial for Sustainable Superabsorbent”. Ramptastic!

Self-described “leading innovator in plant-based specialty polymers used as essential ingredients in everyday consumer products”, Itaconix (ITX“is pleased to announce that it has supplied product for the first production trial using the company’s plant-based superabsorbent, VELAFRESH SAP80”. But what of a share price currently up by more than 20% to 3.65p in response?…

NFX
NFX

Nuformix – “pleased to announce” a service contract, but why?...

Nuformix (NFX“is pleased to announce that following the company’s signing of an exclusive global licensing agreement with Oxilio Ltd for NXP001 on 13 September 2021, Oxilio has progressed the product and signed a significant service contract”. What though of a 29% share price rise in response, to 1.3p here?…

Haydale – Another RNS Reach SPOOOOOOOOOOOOFFF

On Monday AIM listed Haydale (HAYD) announced the appointment of new Nomad/Broker FinnCap. Yesterday there was a first RNS Reach spoof and today there is another. With cash surely inadequate to get through the auditor’s Going Concern test later this year, I ask again: when’s the placing.

Haydale – Yesterday New Broker/Nomad, Today An RNS Reach: When’s The Placing?

AIM-listed graphene play Haydale (HAYD) is up to its old tricks again with the release of an RNS Reach telling us that iCraft is using Haydale’s graphene product in a graphene-coated fabric. Yesterday we were told of the appointment of a new Nomad/Broker, today we get an RNS Reach. When’s the placing fellas?

ITX
ITX

Itaconix – new major application order from a leading European supplier, or not?...

Itaconix (ITX) states it “is pleased to announce the first customer order in a new potentially major application for its Itaconix DSP 2K polymer”. So what of a currently approaching 6% share price rise, to 6.25p?…

Tungsten Corp – argues Amazon Business “partnership agreement” ‘delight’… so a significant impact on expectations? Er...

Describing itself as “a leading provider of digital financial management and software solutions”, Tungsten Corp (TUNG) is “delighted” to be “selected by Amazon Business to support its global e-invoicing program in Europe and the U.S.”. So what’s the detail and what’s this worth then?…

TGP
TGP

Tekmar – ‘contract award’… but how significant and how’s the financial position?

Offshore energy markets technology and services provider Tekmar Group (TGP“is pleased to announce a contract award from Global Offshore to supply Cable Protection Systems for the Arcadis Ost 1 offshore wind farm in Germany”. So what’s the detail and what of the shares, which have currently responded higher to 53p?…

CyanConnode – now follows loss-making results with another RNS Reach announcement. Why?...

Describing itself as “a world leader in Narrowband Radio Frequency Smart Mesh Networks”, CyanConnode (CYAN) has made an “Inauguration of IoT Innovation Centre in India”-titled announcement and the shares are currently a further circa 9% higher at around 28p. What of the news and the valuation?…

Directa Plus – ‘news’ helps share price rise, but is it justified?...

Having commenced November at a 136p share price, two subsequent announcements have helped shares in Directa Plus (DCTA) up to a current 160p. So what’s this latest news from this ‘graphene nanoplatelets-based products’ company?…

TGP
TGP

Tekmar – emphasises a successful systems delivery…but what about the financial position?

Tekmar (TGP“is pleased to announce it has successfully delivered the final batch of Cable Protection Systems for Ørsted’s Hornsea Two Offshore Wind Farm”, and the shares have currently responded approaching 6% higher to 45p. So how does the valuation stack up now?…

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Bidstack – what is incremental revenue for a partner and what top line difference does it make to Bidstack?

Another day and another RNS Reach from Bidstack (BIDS). An RNS Reach is an announcement that is not financially significant. But I wonder just how utterly insignificant it will prove to be.

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HDD
HDD

Hardide – argues contract award ‘delight’, but is the share price rise justified?...

Previously writing on engineering components coatings company Hardide (HDD), in March with the shares at 32p I reviewed is still well down from 2020-commencing more than 60p justified? – concluding at that juncture I retained prior scepticism and avoided. The shares last closed at 28p, but on the back of a “Contract Award” announcement are currently 37.5p. Is this justified?…

MHC
MHC
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MyHealthChecked – more news incorrectly classified? Still though positive. Buy

MyHealthChecked (MHC) has made an RNS announcement including that it is “delighted” to now have in place accreditation across its COVID-19 testing service. How delighted should it be with recent developments?

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Abingdon Health – “BioSURE COVID-19 IgG Antibody Self Test” share price rise justified?

“Launch of BioSURE COVID-19 IgG Antibody Self Test”-titled announcement from Abingdon Health (ABDX) – and the shares currently up nearly 50%, to 45.5p, in response. Does this look justified?…

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Catenae Innovation – Is This a Related Party (Revenue-Free) Transaction or Not?

AIM-listed Catenae Innovation (CTEA), which is almost revenue-free and surely heading for a Christmas cash-crunch, has announced a “Data Visualisation Oder” from SaxaVord UK Spaceport at a satellite ground station in the Shetland Islands. Good news…..or not, for we are told that revenues created from the order are not significant. So another revenue-free project, then!

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Catenae Innovation – Another Day, Another RNS Reach and More Red Flags

AIM-listed Catenae Innovation (CTEA) has announced yet another RNS Reach – this time over a deal with Promake Ltd – but it is still, on the basis of its interims to March, almost revenue free and heading for a cash-crunch by Christmas. But never mind that, it’s got a deal with Promake…..which offers yet more Red Flags!

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Jaywing – contract win, but share price fall?...

Data science-specialising marketing and consulting company Jaywing (JWNG“is pleased to announce that it has won a new contract with Skipton Building Society to act as its strategic and brand agency partner”. Why then are the shares currently 8.7% lower at 10.5p?…

Catenae – Truly Ramptastic Nonsense and a point for BBMs to consider: SELL!

The morning, AIM-listed Catenae Innovation (CTEA) trumpeted a new pilot programme with a charity. Bully for it, but to me this morning’s RNS is extremely bad news and this is why.

Directa Plus – patent grant, a step towards addressing a large global market?

Self-styled “a leading producer and supplier of graphene nanoplatelets based products for use in consumer and industrial markets”, Directa Plus (DCTA) has announced it “has been granted an EU-wide patent covering the use of its G+® graphene in golf ball applications”. It emphasises this “the first step towards addressing a very large global market” and the shares have responded currently 4% higher to 106p, a £65 million market capitalisation. Is this justified?…

OSI
OSI

Osirium Technologies – “NHS Trust Customer Wins” share price rise justified?

Self-styled “a leading vendor of cybersecurity software” Osirium Technologies (OSI“is pleased to report nine new NHS trust customers since the beginning of February”. Is a current 6.5% share price rise to 24.5p on the back of the announcement justified?…

DeepMatter Group – “co-distribution agreement”, about that “established European network”...

DeepMatter Group (DMTR) has announced a “co-distribution agreement” it emphasises provides it “with the capability to cast a wider net in North America”. Is a current more than 13% share price rise to 2.5p on the back of it merited?…

Directa Plus – argues ‘proving to customers’… but what about demand & the balance sheet?...

“Successful Absorption Evaluation Test”-titled announcement from Directa Plus (DCTA) re. its pristine graphene nanoplatelets powder through human skin, with it stated “our suite of successful in vitro tests proves to customers in the textile industry that they can safely adopt our products to create exciting new garments enhanced by our graphene products”. Exciting news?…

Tern – Vacuous Update

AIM-listed jam-tomorrow investment company Tern plc (TERN) has offered yet another portfolio update – this time entitled Portfolio News – the fourth such effort so far this year. If at first you don’t succeed (in ramping your shares), try, try and try again! But with nothing of substance to report (Moi? A cynic?) today’s ramparoonie is merely and RNS Reach.

PHD
PHD

Proactis – “significant” progress?, another “strategic” contract win?

Having previously concluded sceptically on the valuation of organisational spend management software and services company Proactis (PHDin November, I note the shares further higher today on trading update and “strategic contract win” announcements. So what’s the latest?…

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Catenae – Another rampfest on the back of an RNS Reach

AIM-listed Catenae Innovation (CTEA) offered up more than its fair share of RNS Reaches last year and this morning we have another. Remember, and RNS Reach is classified essentially as marketing material, yet the shares are up by a whopping 45% at 2.75p, having climbed as high as 3.15p!

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Ethernity Networks – shares up on delivery news, but what is the financial import?...

“Delivery of ACE-NIC100 to Major Server Vendors” announcement from Ethernity Networks (ENET) and the shares are currently more than 6% higher, at 34p, on the back of it. But what does the news mean and what is its financial import?…

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Expose: Mosman Oil & Gas lies to investors

This is like shooting fish in a barrel. It is such a slam dunk and so easy that my cat could spot it. And best off, SP Angel the fraudster’s favourite Nomad has signed off on the lie. This morning, Mosman Oil & Gas (MSMN) has announced in a semi-literate release drafted by Justine James of Alma PR:

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FLX
FLX

Falanx – argues platform development ‘delight’… but a 50% share price rise?

“Triarii to include Microsoft Azure Sentinel”-titled announcement from ‘cyber security and strategic intelligence services group’ Falanx (FLX) and the shares currently 50% higher in response, to 1.425p. Does that seem justified?…

SNX
SNX

Synectics – “pioneering” project goes live… but what does it mean for the outlook?

Security and surveillance systems company Synectics (SNX) has announced that it has successfully deployed the first phase of its “pioneering” operational management system for Deutsche Bahn’s S-Bahn operation in Berlin – and the shares have currently responded to 112.5p, approaching 10% higher. What’s the detail?…

IQG
IQG

IQGeo – “pleased to announce a significant new contract”… how significant?...

Geospatial software group IQGeo (IQG“is pleased to announce a significant new contract for software and services with a major tier 1 Canadian telecoms network operator” – and the shares have responded higher to above 82p and comparing with a start of the year below 60p. Is this justified?…

PHD
PHD

Proactis – contract win “Strategic” as it sounds better than ‘not currently financially significant’?

Organisational spend management software and services company Proactis (PHD) is “pleased to announce” not just a ‘Contract Win’, but a “Strategic Contract Win”. Hmmm, ramptastic?…

Haydale – A Triumphant Celebration of Missing the Covid Boat

AIM-listed Haydale Graphene (HAYD) has announced the great achievement of its Functionalised Graphene Antibacterial Masks project going into production with partner IRPC Public Company. Put up the bunting, get the champagne ordered……or perhaps not, for surely it has missed the boat.

Tern - contract for FundamentalVR fails to impress

AIM-listed jam-tomorrow investment company Tern plc (TERN) has announced a contract for investee FundamentalVR (FVRVS) but it seems the market in unimpressed and shares in Tern have again fallen below the recent fundraising price.

Directa Plus – ramptastic RNS Reach, from bonkers to even more bonkers valuation?...

Shares in graphene-based products company Directa Plus (DCTA) are currently at 88.5p, more than 40% higher, on it announcing what it argues “represents the opening of a new, high potential vertical market that could use large amounts of our products”. Is the share price response really justified though?…

ESC
ESC

Escape Hunt – argues further progress in UK owner-operated estate ‘delight’, But...

“Further progress in UK owner-operated estate” announcement from escape-the-room experiences company Escape Hunt (ESC) though the shares, at 9.25p, are more than 5% lower…

AIR
AIR

Air Partner – emphasises business wins, But...

Previously writing on aircraft charter, safety & security company Air Partner (AIR), at the end of last month with the shares at 72p I concluded I’d still cash-in here and monitor trading from the watchlist. Today a “wins contract with Guernsey Airport” announcement…

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OptiBiotix Health – another agreement with UITC, this time for CholBiomeX3...

OptiBiotix Health (OPTI) is “pleased to have signed an agreement with UITC to distribute CholBiomeX3 in Singapore”…

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OptiBiotix – further expands SlimBiome Medical geographical reach, still a strong buy...

OptiBiotix (OPTI) has announced that it is “pleased to have signed an agreement with UITC to distribute our award-winning medical device in Singapore”…

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Haydale – another RNS Reach, especially for the placees?

AIM-listed graphene outfit Haydale (HAYD) has released yet another RNS Reach this morning, this time boasting of contracts for provision of services for the collaborative development of graphene and nano-particle enhanced products with Dowty Propellers. Woopie-do……

Tern – Big News arrives….except it is not big and the Nomad hasn’t signed it.

AIM-listed jam-tomorrow IoT investment company Tern plc (TERN) has announced an initial purchase order for investee Wyld Networks. So is it time to buy, buy buy….£s not pence? Er….

CloudCoCo – launch of education global remote access solution, on the corona bandwagon?...

“CloudCoCo (CLCO), a UK provider of IT and communications solutions to businesses and public sector organisations, announces the launch of a Secure Global Learning Access solution for UK institutions delivering education and their students, and inclusion of the solution in a leading education procurement framework”… and the shares have currently responded to 1.55p, approaching 30% higher…

Tern – Pathetic Q&A "News": Still a SELL

AIM-listed jam-tomorrow, some day, never investment company Tern (TERN) issued a very odd release this morning through the RNS system via the EQS Corporate News service, an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only/non-regulatory news releases such as marketing messages, corporate and product information into the public domain. We are further told that Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on EQS Corporate News. In other words, it is the equivalent of an RNS Reach – and was not even signed off by Tern’s current Nomad, Allenby.

ESC
ESC

Escape Hunt – announcement sees shares 20% higher, Big news then?...

An announcement from escape-the-room experiences company Escape Hunt (ESC) and the shares currently at 9p, 20% higher on the back of it. Big news then?…

Live Company Group – “pleased to announce… new contract”, but...

Brick model events and shows group Live Company (LVCG“is pleased to announce that a new contract with our partner Brick Live Lab Limited in Korea for Animal Paradise Mini has been signed” and emphasising “market demand” – which has helped the shares higher…

Tern – Ramptastic Rollocks!

AIM-listed jam-tomorrow, sometime, never investment company Tern (TERN) has announced a contract for principal investee Device Authority. Whoopiedoo – bring out the champagne…….or not.

PEG
PEG

Petards – argues “delighted” by trial response… but financial significance?...

An announcement of “eyeCraft360 British Army trial success” from security and surveillance systems group Petards (PEG) – and the shares currently at 7.75p, more than 5% higher…

PREMIUM CONTENT

Haydale joins the Covid Bandwagon - placing ahoy!

Another day, another AIM dog jumps on the Covid bandwagon – Haydale (HAYD) has announced a new collaboration agreement between its Thai operation, Haydale Technologies (Thailand) Co. Ltd and IRPC Public Company Limited to develop Organic conducting-based printing smart fabric (Contract No. AL.0748/2563), by using Haydale's functionalised technology. Market madness is still apparent: the shares roofed it to 3.225p, up an impressive 57% on the news. So what’s the problem?

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CyanConnode – “pleased to announce that it has now commenced shipment”, BUT...

“CyanConnode Holdings plc (AIM: CYAN), a world leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, is pleased to announce that it has now commenced shipment of Omnimesh RF Modules” commences an “Update on Rollout of Indian Contract” announcement from the company – and the shares are currently above 4.5p, more than 20% higher...

GYG
GYG

GYG – updates, “market leading proposition and proven resilience”?

Announcements of “Two Refit Contracts Signed with MB92 Group” and ‘results, report & AGM notice’ from yacht painting, supply and maintenance company GYG plc (GYG) today – and the shares currently around 80p in response, up more than 15%...

CPT
CPT
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Concepta – another agreement to increase potential...

Concepta (CPT) has announced “an exclusive global licence agreement with Abingdon Health Limited for the use of its App Dx IP for human pregnancy and fertility”...

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Smartspace Software – updates including “a noticeable increase in new customer enquiries, trials and customer sign-ups” BUT...

Smartspace Software (SMRT) has updated including noting “a noticeable increase in new customer enquiries, trials and customer sign-ups… The board is of the belief that other countries and Governments, when easing their own Lockdowns, could follow similar directives, opening up further new customer enquiries for SwipedOn”...

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A personal letter to the head of AIM Regulation Marcus Stuttard re Bidstack and investor deception

I have now written not once but twice to the Oxymorons at AIM Regulation regarding the misleading RNS Reach issued by Bidstack PLC (BIDS) on Friday 17 April. The Oxymorons and indeed hapless Mark Brady at Nomad SPARK have yet to respond. So enough of monkeys, I have written directly to Marcus Stuttard, head of AIM Regulation, as you can see below.

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Tern – portfolio sale, but don’t get too excited as Warren Buffett doesn’t come to town!

AIM-listed jam-tomorrow IoT investment company Tern plc (TERN) has announced the sale of one of its investees, Seal Software. This is good news, and well done Tern…..but I wouldn’t get too excited if I were a shareholder, especially as this morning’s release is classed as the equivalent of an RNS Reach – in other words a marketing release...

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OptiBiotix – developments to further support commercialisation

OptiBiotix Health (OPTI) has updated on a number of developments CEO Steve O'Hara emphasises “support the commercialisation of its ingredients and products”

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Accesso Technology – argues “Positive momentum with renewals and new contracts”… but it just ramptastic?…

“Positive momentum with renewals and new contracts” announcement from Accesso Technology (ACSO) – and the shares in response currently approaching 12% higher, towards 500p…

YU
YU
PREMIUM CONTENT

Office ramparoonie RNS Reach from Yu Group. How will it pay?

This morning we were treated to an RNS Reach from AIM-listed and surely running out of cash Yu Group (YU.). We are told that it has agreed the commercials for its new purpose-built office facility in Leicester describing it at a state of the art sales and innovations office to house growing sales, marketing and product teams. Well, woopiedoo! But how will Yu pay for it?

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IME
IME

Immedia – “establishes itself in the USA”. Hmmm… & about that “healthy balance sheet and working capital”, Bruno…

An “AVC Immedia establishes itself in the USA” announcement from Immedia Group (IME) – the AVC division of the group becoming an established player in the massive US market? Er…

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Haydale – Chief Financial Officer to slip out of the back door after just 11 months in the job

I still reckon AIM-listed graphene outfit Haydale (HAYD) needs to get a placing away pronto but today comes the bombshell that the CFO – who has only been in the job for 10 months – is stepping down. Do I detect a case of rats and sinking ships?

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Haydale – YAWN! Another day, another RNS Reach…….when’s the placing?

Having suggested that AIM-listed graphene outfit Haydale (HAYD) was once again a slam-dunk sell, partly in view of there being no sign of its results, the company finally delivered them last Tuesday. But I had also pointed to the preponderance of RNS Reach announcements, one of which accompanied the FY results. And this morning there was another.

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Haydale – once again a slam-dunk sell? Oh yes!

My most recent call to sell fashionable graphene promote Haydale (HAYD) was on its full-year trading update back in July, an update which told readers very little: I said sell at 1.775p and the shares are now just 1.125p. More ouzo for me!

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ZTF
ZTF

Zotefoams – excitable RNS Reach follows a new broker appointment & profit warning. Hmmm…

Zotefoams (ZTF) has announced a launch of “a wonderful complement to our traditional use of MuCell® technology, which is designed to reduce plastic use in packaging” in an announcement including an “estimate, the global demand for liquid packaging cartons alone is forecast to reach $26.42 billion by 2022, growing at a CAGR of 7.7%”. This also follows a profit warning and more earlier this month. Hmmm…

Immotion – “pleased to announce agreements for three further installs” & interims argue “a winning formula”, but…

“Immotion Group PLC (AIM: IMMO.L), the provider of 'Out of Home' virtual reality experiences, is pleased to announce its interim results for the six months to 30 June 2019” and also “agreements for three further installs in its fast growing Aquarium sector”. However, a current 6.75p share price compares to a 10p IPO little more than a year ago…

ARE
ARE

Arena Events – a “pleased to announce” installation in Japan… but about that second-half weighting…

“Arena Events Group plc (AIM: ARE), is pleased to announce that it has completed the installation of the largest single temporary hospitality structure ever installed in Japan”. However, it’s an RNS Reach announcement…

PHC
PHC

Plant Health Care – “delighted”… but it’s an RNS Reach again & market seeing through it this time?

Last month a “Progress with PREtec field trials in Brazil” announcement from Plant Health Care (PHC) saw the shares soar towards 9p. They had since slid back to 7.5p – and today a “Pilot production of PREtec peptides” announcement…

ProPhotonix – RNS Reach does prove a portend; now “reviewing all funding and strategic options available”

Earlier this week I cautioned on ProPhotonix (PPIX), new laser diode ‘delight’, but it’s an RNS Reach having questioned its financial strength. Now first half of 2019 results – and the shares currently at 2.25p, approaching 30% lower…

ClearStar – an achievement it’s proud of, but financial impact? And it’s an RNS Reach…

“ClearStar (AIM: CLSU), a provider of Human Capital Integrity technology-based services specialising in background and medical screening, is pleased to announce that it has achieved ISO/IEC 27001:2013 accreditation”, with the company emphasising “we are proud to have… efforts recognised through this accreditation”. Though I note it’s an RNS Reach announcement…

ProPhotonix – new laser diode ‘delight’, but it’s an RNS Reach…

ProPhotonix (PPIX) is “delighted to offer this new laser diode, adding to the ever more comprehensive range of direct diode lasers available to our customers… with more than 20 years of experience in laser diode technology, ProPhotonix is well placed to support customers in identifying the best laser diode for their application”. What about financials though?...

PHC
PHC

Plant Health Care – shares soar on ‘extremely encouraging’ field trial results… but beware, it’s an RNS Reach…

Plant Health Care (PHC) “is pleased to provide” an update on field trials of its PREtec peptide PHC279 for the control of Asian Soybean Rust in Brazil – and the shares have responded currently more than 50% higher, towards 9p…

OSI
OSI

Osirium Technologies – “pleased to announce” first customer for Opus… but cash position very much less pleasing?

Osirium Technologies (OSI) “is pleased to announce the first customer for its new innovative privileged robotic process automation solution, Opus, which was launched in May of this year” and that Opus “is generating interest across DevOps, NetOps and outside IT in business teams”. The shares though are unchanged at 59.5p. Hmmm…

Feedback plc – “working on completing a placing… in order to develop Bleepa”. It mean ‘in order to keep the lights on’?

“Statement re Online Commentary” from Feedback plc (FDBK) which “confirms that, in order to develop BleepaTM, the company's clinical messaging product, it is currently working on completing a placing of new shares”

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Haydale – when a trading update doesn’t update anything: Still a SELL

I’ve been a bear of AIM-listed Haydale (HAYD) all the way down from 120p, and saying sell at 78p, to today’s miserable 1.775p but this morning’s trading statement gives me no reason to change my stance. I may have closed out in my five slam-dunk sells for this year but even then I warned that  I would still be inclined to sell and I certainly wouldn’t buy here. Well, we’ve had a trading statement this morning – more remarkable for what it does not say rather than what it does, and that is never a good sign.

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EYE
EYE

Eagle Eye Solutions – News America Marketing partnership “exciting”… or an RNS Reach ramp?

Shares in SaaS marketing technology group Eagle Eye Solutions (EYE) are currently approaching 7% higher on the day, above 160p, on the back of a partnership announcement with News America Marketing…

PCI-PAL – “Extends Global Cloud Beyond UK & US”; a conveniently timed announcement?

Shares in “secure payments provider” PCI-PAL (PCIP) are currently more than 5% higher today, above 20p, on the back of an announcement; “PCI Pal Extends Global Cloud Beyond UK & US”

Integumen – as the shares slide… an RNS Reach. Hmmm…

Previously writing on Integumen (SKIN) last week it was issues a speeding ticket… the shares go still faster! – they then heading towards 2.40p. They went on to more than 2.50p, before this week falling back – and today a further ‘Labskin’ update…

Brave Bison – update as shares a further 6.5% higher on RNS Reach announcement!

Brave Bison (BBSN) is “delighted” with a deal with The PGA Tour to “include YouTube channel management, digital rights management, and content strategy development”… and the shares have currently responded a further 6.5% higher, to 3.3p…

LightwaveRF – discounted fundraising “to continue to scale the business… and provide working capital”. Really?!

“LightwaveRF (AIM: LWRF), the leading smart homes solutions provider, is pleased to announce that… it has successfully raised gross proceeds of £2.50 million through a placing of, and a subscription for, an aggregate of 29,411,780 new ordinary shares at a price of 8.5 pence per share”. Hmmm…

LightwaveRF – “pleased to announce”… RNS Reach announcements. Hmmm…

LightwaveRF (LWRF) has this week followed a “Partnership with Honeywell Home by Resideo” RNS Reach announcement from last week with a “UK consumers connect with the Smart family” such announcement. Hmmm…

MOS
MOS

Mobile Streams – “initiative in Indonesia” announcement is re. services not yet launched. Hmmm…

“new market initiative in Indonesia” announcement from Mobile Streams (MOS), including CEO Simon Buckingham arguing, having “considered a number of markets to complement Latin America and India… we strongly believe that Indonesia, a sizable market with a population of over 250 million, provides the best opportunity to achieve positive results in both the short and long term”. Hmmm…

ECSC Group – “Managed Services Contract Win” RNS Reach, time for an attempted ramparoonie?

“Managed Services Contract Win” from ECSC Group (ECSC) – and the shares have responded more than 10% higher to 77.5p. But it’s an RNS Reach - i.e. “non-regulatory news releases such as marketing messages, corporate and product information” - announcement. Hmmm…

Haydale – after yesterday’s selling news, yet another RNS Reach

I see that AIM-listed Haydale (HAYD) has released yet another RNS Reach to tell of an eighteen month supply agreement. The shares have jumped once again, by 12%, But, of course, it is an RNS Reach and thus should be viewed as a marketing, rather than anything significant such as mega-earnings.

MOS
MOS

Mobile Streams – partnership with Reliance Jio ‘delight’, but financials?...

Mobile Streams (MOS) is “delighted to be partnering with the world's fastest growing telecom company, Reliance Jio… India's largest 4G network”. However, it’s an RNS Reach announcement…

Haydale: PMDRs selling out, take note!

I have been calling AIM-listed Haydale lower from 78p last June, in the wake of a nasty profit warning. Since then we have had two more, and even the company’s paid-for ramper research company Hardman admits the company needs more cash but Haydale sat on its hands instead of biting the bullet until raising a pitiful £250,00 in a placing at 20p shortly before Christmas and kicked the can down the road with a further £750,000 loan (at 11% interest).

Haydale – ANOTHER RNS Reach!! Pre bailout placing ramp in full swing!

AIM-listed purveyor of all things graphene, Haydale (HAYD) has been on an RNS Reach-fest, the latest of which came this morning. Of course, RNS Reach announcement are by definition immaterial and are best viewed as free advertising. But the market has bought into the ramp and the shares are markedly up on the 12p low point they reached when it emerged – along with proft warning No. 3 in six months – that Haydale had been unable to raise loan finance it had planned to. The stock is now up at 36.5p – still a long way down from the 78p at which I wrote about the company last June.

MOS
MOS

Mobile Streams – ramptastic user number RNS Reach. Hmmm, why now I wonder?

“MOS welcome the 6 millionth user”-titled announcement from Mobile Streams (MOS) sounds ramptastic… and it’s an RNS Reach (“non-regulatory news releases such as marketing messages, corporate and product information”). Alarm bells ringing…

Haydale – another RNS Reach, no numbers. Desperate stuff

AIM-listed and almost out of cash Haydale (HAYD) has issued yet another RNS Reach, this time to tell us that it has signed an exclusive deal with TKS Siampress Management for an anti-counterfeiting product. Whoopie doo – but there are, predictably, no numbers offered. And an RNS Reach is for news which is, effectively, not material.

Tungsten Corp – now a “secures SdI registration in Italy” RNS Reach. Hmmm…

Tungsten Corp (TUNG) has emphasised “a significant step” with its certification as an authorised intermediary of the Italian tax authority (‘Sistema di Interscambio, SdI). This following it emphasising “appoints new SVP global sales” earlier this week. Hmmm, anything else behind this recent newsflow?...

LightwaveRF – distribution agreement with “high-profile retailer” Dixons Carphone. Great news? Er…

LightwaveRF (LWRF) is “delighted to have signed an agreement with another high-profile retailer… the leading smart home solutions provider, is pleased to announce a distribution agreement with Dixons Carphone”. Great news? Er…

Brave Bison – agreement with Snapchat, why have the shares not reacted as previously?

I’ve warned earlier this year on RNS Reach ramparoonies which took shares in Brave Bison Group (BBSN) to 3.55p and towards 3p – they previously closing at 1.45p. Now a further RNS Reach; “Brave Bison is now on Snapchat”

LightwaveRF – another RNS Reach from it, another warning to investors from me

“LightwaveRF plc (LWRF), the leading smart home solutions provider, is pleased to announce that the Tech Industry ratings publication Trusted Reviews has described Lightwave as a stand out system”. Hmmmmmm…

Haydale – gets a grant, shares race ahead 21%. A good opportunity to get out!

AIM-listed Haydale (HAYD) has announced that it has got a grant of £120,000 from a package worth £249,600 and the shares have raced ahead by 21% to 32p. Of course, the RNS announcing the funding was an RNS reach and therefore does not affect the dire financial position of the company, which I fear may be doomed. Shareholders would be well advised to look skywards in gratitude and view the rise as a welcome opportunity to exit.

DSG
DSG

Dillistone – emphasises GatedTalent ‘momentum’, but how are the financials?

Dillistone Group (DSG) has announced “GatedTalent registers 20,000th executive member” - including “having launched the innovative executive database at the end of 2017, the pace of registrations has increased considerably with the momentum achieved seeing two considerable milestones being passed in quick succession. The 10,000th registration was registered in August 2018, with the 20,000th being achieved approximately two months later”. Sounds good, but what about financials?...

IKA
IKA

Ilika – Ramptastic RNS Reach from long-time loss-making Purdy & the bonus people

Shares in Ilika (IKA) are currently 15% higher on the day, heading towards 20p, on the back of an announcement of “Pre-launch samples of mm-scale batteries shipped”. However, I immediately note the announcement is an ‘RNS Reach’ rather than a formal RNS. Hmmm…

Directa Plus – do road test & CEO share purchase merit the shares soaring?

Writing on graphene-based products company Directa Plus (DCTA) in June I questioned significant commercial progress? The shares have though soared today on “World's First Road Surface Containing Graphene” and “Director/PDMR Shareholding” announcements from the company…

Brave Bison – shares stomp ahead… but it’s an RNS Reach ramparoonie AGAIN!

In May I warned on shares in Brave Bison (BBSN) at 3.55p; shares in loss-maker soar on RNS Reach ramparoonie, with a new broker recently appointed. Hmmm!. They closed yesterday at 1.5p, but are currently again heading towards 3p on the back of another RNS Reach!...

Jaywing – “a number of key client wins and service expansions”. How key?

Jaywing (JWNG), the self-described “data driven, insight and creative agency”, is “delighted to see the fruits of our labour across so many diverse clients and industries” with “a number of key client wins and service expansions”. How key though?...

7digital – “Triller contract win”. Ramptastic?

Shares in 7digital Group (7DIG) are currently on the rise after it has followed much-delayed 2017 results yesterday, with a “Triller contract win” announcement today…

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Tern – yet another placing (told ya!) and investee InVMA goes shopping

Time to get out the ouzo, for AIM-listed jam-tomorrow investment company Tern plc (TERN) has raided the bucket shops once again – this time raising £2.9 million (before expenses) at 26p, a discount of 21%. In a separate announcement, we are also told that investee company InVMA has been shopping – but no financials are offered and I fancy that is because the purchase is quite insignificant - it was, after all, an RNS Reach.

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Haydale – another RNS Reach……when’s the placing?

AIM-listed Haydale (HAYD) has issued another RNS Reach announcement to add to the one released on June 19th. But we all know (don’t we?) that RNS Reach announcements are effectively marketing ploys, not hard news of cashflow. And we also know that Haydale has to get a placing away in order to get its accounts signed off as a going concern.

IRV
IRV

Interserve - £35m contract: whoopiedoo, but it is insignificant

When I first commented last October 15th on fully listed Interserve (IRV), it was sacking its old board and in a financial mess, and the shares were around £1. I said sell – and glory be, the shares sit this morning at about 60p after an RNS telling us of a new £35 million contract. The RNS strikes me as getting any good news out it can.

Haydale: “Strong Commercial Progress”? No - Red Flags ahoy, it’s a pre-placing ramp.

AIM-listed Haydale (HAYD) has offered the market an RNS this morning describing “Strong Commercial Progress”. Bearing in mind the profit warning of last week, and the inevitability of another bailout placing one wonders if this marks the appearance of pastures new in the distance, or whether it is just a pre-placing ramp.

Brave Bison – shares in loss-maker soar on RNS Reach ramparoonie, with a new broker recently appointed. Hmmm!

Having not been above 1.5p in over a year and previously closed at 0.775p, shares in Brave Bison (BBSN) have soared to a current 3.55p on the back of an announcement entitled “World's 3rd biggest digital media publisher”. I immediately note it’s an RNS Reach announcement though – i.e. non-regulatory and thus is clearly ramptastic…

HaloSource - Africa launch ‘news’… but what about the cash crunch ahoy?

HaloSource (HALO) has announced that “its patented, best-in-class HaloPure disinfection technology is being utilised to power a line of purifying pitchers sold in retail outlets across South Africa by H20 International… Marks the first sale of HaloPure-powered devices on the African continent” - and the shares have currently responded more than 15% higher towards 2p. Ramptastic!...

HaloSource – shares soar on water bottle agreement, turnaround time for this Woodford dog then? Er…

Shares in HaloSource (HALO) are currently around 20% ahead on the day, heading towards 2p, on the back of an “Agreement with Seven Step Ecotech” announcement. Turnaround time for this Woodford dog then? Er…

EU Supply – does “Contract win” merit a 12% share price rise?

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…

Proxama – not just “New Contracts”, but new “revenue generating contracts”. Ooooh…

Having recently concluded on Proxama (PROX), the explicit inclusion of “should it require further working capital” suggests to me it very much will, I note an announcement today that the company “is pleased to announce four revenue generating contracts for its Proximity Marketing and Data Division”“Revenue generating” rather than any useful financial information hey? And an ‘RNS Reach’ (i.e. not regulatorily significant) announcement hey? Ramptastic!...

MDZ
MDZ

MediaZest – “Significant Project Completion” ramparoonie (Oops, sorry) ‘announcement’

“Significant Project Completion” announcement sees shares in MediaZest (MDZ) currently around 30% higher on the day. Oh, it’s a “Non-regulatory”, RNS Reach ramparoonie (Oops, sorry) ‘announcement’…

Fitbug – shares up on another RNS Reach announcement, but complete ramparoonies now limited?

In a “non-regulatory RNS Reach communication”, Fitbug (FITB) “is pleased to announce a customer renewal for wellbeing services with a large financial institution”. Wow, a renewal hey – this following recently announced 2016 results showing a more than £3 million net cash outflow before new financing on reduced revenue of £1.1 million

blur Group – another contender for most ridiculous announcement of the year?

Previously commenting on blur Group (BLUR) I noted CEO Letts & co excelling themselves with a leading contender for ‘Ramparoonie RNS of the Year’. We today have a “blur engaged with UK County Council” announcement. Surely not again…

Fitbug – “New client contract win” announcement… but before getting excited…

Fitbug (FITB) has made a “New client contract win” announcement. Unfortunately for it however, a previous RNS Reach farce looks to have hindered a ramparoonie…

Fitbug – this time RNS Reach joke (sorry, ‘announcement’) seen for what it is

Having seen its shares soar last month on its previous RNS Reach announcement, enabling a placing before the shares completely slumped back, Fitbug (FITB) has now released another – claiming it “would like to share some insights and findings from a recent case study, following a pilot wellness programme with MTR Crossrail”...

Fitbug – shares soar (before suspension) on an RNS Reach ramparoonie

On the back of an RNS Reach (i.e. not even deemed to merit a main RNS) announcement, shares in “digital wellness technology provider” Fitbug Holdings (FITB) roofed it to be 370% higher, at 0.775p, before a suspension of trading was announced. Hmmm…

Ergomed receives a "buy" recommendation - You is avin a giraffe gents: sell

Ergomed (ERGO) receives a "buy" recommendation is the headline of the RNS Reach that has just gone out. It is very unusual to announce a broker report so I had a butchers at the RNS Reach - a Reach is an announcement the Nomad deems not to be price sensitive. Read on and you see why.

FastForward – Uber ramp as new Nomad/Broker signals Placing Ahoy

I have a few questions to add to Tom Winnifrith’s and Cynical Bear’s coverage of the fine outfit that is AIM-listed FastForward Innovations Ltd (FFWD). I’m sure there are perfectly reasonable explanations, but perhaps the company might like to share them – especially with a placing so obviously on the way as the (re-) renewal of what was once the AIM-China play called London Asia Chinese Private Equity Fund (CGOP) continues.

SVR
SVR

Pointless PR Puffery RNS of the day: ServicePower Technology – when’s the placing?

Hmmm. Seven – yes, SEVEN RNS Reach releases since the start of H2 (July 1). That’s the running score with AIM-listed ServicePower Technology (SVR). It is almost one per fortnight. Surely there is no attempt to pump up the share price ahead of a placing, is there? Oh hang on, what do we find in the interims which were published on deadline day?

UPDATED: Pointless PR puffery RNS of the day – NetDimensions: when’s the Placing?

I had to laugh out loud when I read this morning’s RNS Reach from AIM-listed NetDimensions (NETD). It is normally a pretty bad sign when a company announces that it has won some sort of spurious award, but this really takes the biscuit. You see, it is not even NetDimensions that has won it: it is one of its clients!  The update is the figures from the balance sheet - far, far worse than my first reading.

FRR
FRR

Frontera – good news? Or just a pre-placing ramp?

AIM-listed Frontera Resources Corporation (FRR) issued a long and detailed RNS regarding its operations in Georgia this morning. It seems to offer a rose-tinted view of the world: could it be that this is a good moment to be buying the shares, then? There is much to like, as the company trumpets a significant upgrade to gas resources associated with its ongoing exploration and production efforts in the country of Georgia. Or is it just a pre-placing ramp?

Bearcast

Tom Winnifrith BearCast - 17 May

In this podcast I look at three issues: the abuse of the RNS Reach system - something I touched on earlier HERE - and why it needs scrapping; Worthington and all the stink around Frankfurt listings and finally the shameless folk at Thomas Cook.

TGL
TGL

Touchstone Gold - No-one is watching O'clock placing & translation service

Since 23 March Touchstone Gold (TGL) has realeased 4 RNS Reach statements. An RNS Reach is a statement that is not financially material but allows company's to ramp their shares bu hoodwinking mug punters into thinking that they are of great import. And the 4 releases were indeed true ramperoonie drivel. The shares responded heading up to 0.9p to buy so guess what happened next?

Pinocchio

Tom Winnifrith Bearcast Special: How to lie and mislead investors via RNS and RNS Reach

Just a quick podcast special looking at how companies lie and mislead investors via RNS and also RNS Reach. The latter & its true (lack of) import is explained. Case studies Blur, Optimal Payments, Quindell (natch) and Outsourcery

Bearcast

Tom Winnifrith's BearCast 20th November from the Greek Hovel

I have finally made it to the Greek Hovel but have faced a few logistics issues. But i am now online and cracking on and so BearCast is back and normal service resumes tomorrow. In today's podcast I cover Globo, Outsourcery, Quindell, African Minerals, what is an RNS Reach and a liquidity event.

AVN
AVN

PR spinning, share price obsession, misleading investors – Avanti Communicatons, look to sell on Monday results

Avanti Communications (AVN) is a Bulletin Board darling which spews out more than its fair share of Red flag warnings. Its obsession with its share price is understandable given that it needs to get away yet another equity fundraising within 12 months. And hence I draw your attention to a release issued on Friday.

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