Keyword results: costs

ARB
ARB
PREMIUM CONTENT

Drop in Bitcoin price has left a big hole in the Argo balance sheet, even ignoring the other red flags - avoid as there are better options for BTC exposure

Argo Blockchain (ARB) is a company that I wrote about several times a couple of years back, but more recently have left to Tom Winnifrith to write about the numerous red flags that he has spotted there.

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Oil-Rig
PREMIUM CONTENT

Windfall tax on oil companies is unlikely to help convince investors that the UK is a stable place to do business and other sectors seem more deserving of one!

The new ‘windfall’ tax on UK oil and gas producers has been all over the news this week, and whilst many of the public seem to be celebrating the fact that these ‘evil’ companies and their investors are going to take a hit, I’m not so sure the new rules are quite so great.

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888
888
PREMIUM CONTENT

BUY 888 Holdings following completion of the funding of its acquisition of William Hill

The share price of 888 Holdings (888) has remained pretty weak during the completion of its acquisition of William Hill, and as a result of revenue in the final quarter of 2021 showing a substantial fall.

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Hello more inflation and a 5% fall in Tesco’s share price!

It might be a couple of days before Good Friday but there is a lot going on in global markets. After all yesterday American consumer price index numbers were at a 41 year high, whilst today’s equivalent numbers in the UK were ‘only’ at a 30 year high. Of course, this is a big worry for many people but - as anyone who has been working for 20 plus years knows very well - you should never ignore the threat of inflation (unless you anticipate negligible economic growth for the rest of the 2020s). And all this chat brings me onto numbers from Tesco (TSCO) this morning which have helped push its shares down 5%…

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BOO
BOO
PREMIUM CONTENT

Boohoo is a recovery buy on the basis of strong sales growth and only temporary profit margin issues

Online fashion retailer Boohoo (BOO) has performed terribly for anyone who has been invested over the past year or so and has seen its share price drop by around 75% during that time.

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ODX
ODX
PREMIUM CONTENT

Omega Diagnostics hit with a £2.5 million bill after the government terminates its contract

The last time I wrote about Omega Diagnostics (ODX) was back in June when I got slated for suggesting that the company had missed the boat when it came to Covid testing, and that its Department of Health and Social Care contract wasn’t worth the headline figure you so often saw people banging on about!

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Nostra Terra has always talked a good game but the end result has always been investors losing money - sell

Nostra Terra Oil and Gas (NTOG) is one of those companies that has always seemed to be popular with private investors over the years, but it is hard to see why as all it has done during that time is rack up substantial losses for them.

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DeepVerge – 2020 results, attempted ‘no one watching o’clock’?

Previously writing on environmental and life science company DeepVerge (DVRG), in March with the shares at 32.5p I noted the balance sheet and concluded the businesses’ track record and an already more than £56 million market cap saw me continue to avoid. It has since raised £10 million of new equity at 30p per share and now announced full-year results (at a 5:28pm, hmmm!). So what now?…

ODX
ODX
PREMIUM CONTENT

Will Covid testing be around long enough for companies like Omega Diagnostics to justify their valuations? I doubt it!

I’ve recently found myself wondering how many of these ‘Covid stocks’ have missed the boat, as many of them still aren’t producing any significant amounts of revenue, yet often their markets caps are comparatively very high.

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System1 Group – trading update… but what was the actual bottom-line performance?

An announcement from System1 Group (SYS1) commences that this “Advertising Effectiveness Agency, is today providing a Trading Update for its financial year to the end of March 2021 ahead of its results announcement on 29 June 2021”. This includes “sales picked up faster than adjusted operating costs” – and the shares have currently responded to 240p, 26% higher. Justified?…

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If you're looking to invest in copper, Atalaya Mining should be on your list

Atalaya Mining (ATYM) has been a favourite of mine for a few years now, but seems to be one of those shares which you rarely see mentioned on social media and the bulletin boards. It was formerly EMED. Ring a bell?

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88E
88E
PREMIUM CONTENT

88 Energy shares crash on dire news from Alaskan drilling but will continue falling - avoid like the plague

When it comes to Alaskan oil explorer 88 Energy (88E) the hype around its drills has always far outweighed the actual results that it has managed to achieve, as can clearly be seen if you look back at a chart over the past five years or so and the timing of the big gap downs in the share price.

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Good update on the Pharos Energy assets in Egypt - it remains a strong buy

A month or so back I covered an oil company called Pharos Energy (PHAR) as a strong buy and gave my opinion that it was undervalued, and the update today reinforces that view even more.

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AEX Gold – development plan and exploration progress, still a buy

Following recent Nalunaq project development delay disappointment, AEX Gold (AEXG) has noted progress in reviewing the development plan and of exploration work.

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Caerus Mineral Resources has just listed and is worth a flutter if you like speculative mining plays

It’s not often that I take much notice of the smallest mining companies at the lower end of AIM, but every now and again one gets my attention as being worthy of taking a look at if you want to take a bit of a punt on shares in something more speculative than the popular producers.

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RSA
RSA

RSA Shares May Be Worth Hanging Onto Even if the Much-Vaunted Take-Over Falls at the Last Hurdle

Hello, Share Scoopers. My long-standing investment in RSA Insurance Group (RSA) has seen some nasty disappointments over the years. There was that time when a big take-over offer for the giant insurer came to naught, wiping out a fistful of paper profits. And now the company is involved in another potential merger. The shares have jumped accordingly, but my dilemma is whether to sell in case the present offer falls through.

ARB
ARB
PREMIUM CONTENT

Is it time to bank a more than 450% profit on Argo Blockchain?

Just over a year ago I covered a ‘mining’ share as a speculative buy, and it was very different to the natural resources companies that I normally cover, as it was mining Bitcoin rather than any metal or other commodity.

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Immotion – trading update, is the recent fundraise ‘mainly’ for new product expansion?...

A trading update from Immotion (IMMO) commencing that this “immersive entertainment group, is pleased to update the market on current trading”  sees the shares 20% higher, above 4p. So what’s the detail?

RBG
RBG
PREMIUM CONTENT

Revolution Bars – results & joins the heroic Tim Martin re. “nothing short of scandalous” government actions...

Revolution Bars Group (RBG) has announced full-year results and, in line with the heroic Tim Martin of J D Wetherspoon, hit out at “nothing short of scandalous” government actions…

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CyanConnode – argues “very encouraged by the success”… but what about the balance sheet?

Self-styled “a world leader in narrowband radio frequency mesh networks” CyanConnode (CYAN) has announced results for its half-year ended 30th September 2020 and that “the board is very encouraged by the success of all CyanConnode’s deployments, and is especially pleased to see the progress being made against contracts in India and Thailand during the period” – and the shares have currently responded higher, to 5.05p. However, with the shares above 6p, I previously questioned that the company argues loan “for working capital to fund growth”, what about for keeping the lights on? What do the results now show?…

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GKP
GKP
PREMIUM CONTENT

If Gulf Keystone can achieve its planned production expansion, longer term investors will do very well indeed here

This year a lot of private investors seem to have been focussing on any stocks even loosely associated with Covid, plus those in the tech sector, and more recently mining has also seen a resurgence, gold in particular, but oil and gas has very much remained unloved and out of favour. That gives you a great opportunity and this is no fisherman’s tale…

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SHG
SHG
PREMIUM CONTENT

Shanta Gold remains a buy following fundraising and with production increases to come in the future

Back in August I wrote about Shanta Gold (SHG) as being worth a look at around the 16p level, and with a chance of a good profit over the coming months.

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PPC
PPC
PREMIUM CONTENT

If President Energy doesn't recover, then unlike most AIM outfits, chairman Peter Levine has the most to lose!

Just because a company has traded at much higher share price levels it doesn’t mean that it will do so again, and that is particularly true of oil companies at the moment.

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Standard Chartered should eventually enjoy a strong recovery, with Asia leading the way

Banking shares aren’t exactly in favour at the moment, with concerns over the lasting impact that Covid-19 is going to have on the economy in general, and as if that wasn’t enough, any banks wirth major dealings in Hong Kong have suffered a double whammy due to the escalation of the situation with China.

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RTO
RTO
PREMIUM CONTENT

Rentokil looked expensive even before Covid-19, and far more so now - sell

Pest control and hygiene company, Rentokil Initial (RTO), wasn’t looking particularly strong even prior to the arrival of Covid-19 and was trading at a very racey valuation, in my opinion.

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Pembridge Resources serves as a good example of how quickly everything can go wrong for small producers

At the start of this year a small AIM outift called Pembridge Resources (PERE) was getting a lot of attention and there were all sorts of predictions being made as to how high the market cap should be based on its share of a copper mining operation.

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ZEN
ZEN
PREMIUM CONTENT

Zenith Energy funding deal looks very ‘spoofy’ - avoid

I’ve always gone on the basis that if something doesn’t feel quite right when it comes to non-binding deals being announced, then at the very least it is worth questioning the likelihood of completion. Of course, that isn’t always the case and some non-binding letters of intent, or memorandums of understanding, do in fact proceed as outlined, but my first thoughts when I saw today’s news from Zenith Energy (ZEN) was that it looked very ‘spoofy’...

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Cineworld looks likely to become a victim of Covid-19

With the current state of the markets there isn’t a lot that I would exactly be rushing to buy at the moment, as I think that even the good companies that have strong enough balance sheets to survive relatively unscathed, could well go a fair bit lower yet.

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GSK
GSK
PREMIUM CONTENT

GlaxoSmithKline could provide a safer haven for your cash during this market turmoil

Assuming that you aren’t just going to move entirely to cash and wait for the markets to bottom and show signs of a rebound before buying anything, there are still some options for shares to hold whilst you ride out the storm.

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No justification for the huge spike in the share price of 7digital, a company that is almost certainly insolvent - sell

This week private investors seem to be very excited about shares in a company called 7digital (7DIG) and the share price has rocketed, but at this stage I’m finding it hard to see how a rise of this magnitude is justified or sustainable.

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Pembridge Resources looks incredibly high risk and with no margin for error - avoid

Pembridge Resources (PERE) today issued a production update for the latest quarter up to the end of 2019, and based on the figures contained within that, many are struggling to understand why the company isn’t valued more highly.

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ARB
ARB
PREMIUM CONTENT

I don't pretend to understand the technical side of Argo Blockchain, but I can see plenty of upside potential - speculative buy

At first glance Argo Blockchain (ARB) seems to be very different to the type of companies that I normally cover within the natural resources sector, but the actual economics of the business isn’t all that dissimilar.

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Block Energy has deceived investors and its shares remain a slam dunk sell

My views on Block Energy (BLOE) in recent months haven’t exactly been popular amongst shareholders, but unfortunately much of what I feared in relation its operations is now playing out and I feel that investors have been deceived by the company. I have been utterly vindicated. It will get worse for thise who ignore my latest warning.

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BPC
BPC

Bahamas Petroleum is still a long way from securing the funding that it needs to drill - sell!

The share price of Bahamas Petroleum (BPC) almost doubled following an announcement of progress on its ambitions to drill an exploration well next year, but is such a big rise really justified? Today there is a further ramptastic "technical update", world class prospect, yadda, yadda, yadda.

ADM Energy investors left ‘sheikhen’ by the exit of its it largest shareholder

There was much excitement back in April when an Arab sheikh took a stake in ADM Energy (ADME), so it must have come as a big shock to investors last week when news broke that he had sold all of his shares and had resigned as the company president.

POW
POW
PREMIUM CONTENT

Paying your bills in shares is never a good sign - Power Metal will need more cash soon

Companies which have undergone several name changes and have never managed to achieve anything in their previous incarnations always raise red flags for me, and I suspect that Power Metal Resources (POW) will follow a similar trend to many others that fall into this category.

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Who is crazy enough to be buying MySale after such a big spike - sell

When the share price of a small company suddenly rises by more than 240% on no apparent news I am always left wondering who on earth is actually buying after such a huge rise. Often those who are end up getting severely stung, especially when the company itself issues a statement saying that it notes the share price rise and clarifies the current situation and that there is no current reason for it, and that is exactly what seems to be playing out with MySale Group (MYSL)...

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LEK
LEK
PREMIUM CONTENT

Lekoil – how was my crystal ball?

After pontificating on the position of Lekoil (LEK) prior to the results, it merits a review now that the results have been issued. So how did I do with my crystal ball, and where does it leave the company? 

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Agronomics - I see no good reason for people to be paying a 50% premium to asset value

A tiny AIM investment company called Agronomics (ANIC) suddenly seems to have become very popular, but I think you’d have to be mad to be paying the current share price. If we look at it under its previous name of Port Erin Biopharma Investments (PEBI), before the recent change to Agronomics, it immediately becomes apparent that its main area of investments is in the pharmaceutical sector, with several listed and non-listed holdings...

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HMI
HMI
PREMIUM CONTENT

Why I would avoid Harvest Minerals until it has a full mining licence in place

Fertiliser producer Harvest Minerals (HMI) seems to have been getting mentioned quite a bit recently and its shares are sitting at around a 12 month low, which probably means that it is going to get pushed hard in the near future, but is it a company that you should be considering taking a position in?

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ASO
ASO
PREMIUM CONTENT

Avesoro Resources is a speculative buy at the current share price

Avesoro Resources (ASO) is a good example of what can happen to a share where there is a forced seller and generally low liquidity in the trading of the shares.

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Atalaya remains a buy after recent updates

If you want exposure to copper and are looking to invest in an earlier stage outfit that is already in production, then your choice of UK listed companies is actually fairly limited. The majority are either still at the exploration/development phase, or are large FTSE listed miners, and in many cases copper is just one of many metals that are being produced, with the odd exception...

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Central Asia Metals produces another good set of results and remains a buy

I’ve been a fan of Central Asia Metals (CAML) for some time now, and although the share price isn’t much higher currently, I still see it ultimately growing into a bigger company.

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EQT
EQT
PREMIUM CONTENT

Unless actual contracts land quickly, Eqtec will soon be drowning in debt

Smaller companies often offer promises of imminent revenue streams which cause upward spikes in the share price, but for any longer term appreciation in value they need to actually deliver on the expectations of their shareholders. Currently that would definitely seem to be the case with Eqtec (EQT), which I have been bearish on since the share price was between 1.26p and up to 1.57p, and private investors in this gasification to energy company were quick to point out how wrong I was when there was a brief spike in the share price shortly after my initial coverage at the lower end of that range. So, it has really come as much of a surprise to me that the share price has steadily declined over the few months since then and it now trades at around the 0.84p level to buy...

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Why Coro Energy was my Dragon's Den pick

Coro Energy (CORO) was my pick this year during the Dragon’s Den session I was involved in at the UK Investor Show, and I also hold a small position here myself from around the current share price. Like many smaller companies in the oil and gas sector, it is an investment that I class as being speculative, hence not risking huge amounts of money in it at this stage – but there is also a lot of potential upside...

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ASO
ASO
PREMIUM CONTENT

Further short term dips in Avesoro Resources will offer a good buying opportunity

I believe a good buying opportunity is currently presenting itself in the shares of Avesoro Resources (ASO) and although it may go lower in the short term, I can see decent risk versus reward here for at least a medium term trade.

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CEY
CEY
PREMIUM CONTENT

The market has vastly over-reacted to Centamin's results - it remains a long term buy for me

The market has been slaughtering even the larger companies over any sort of disappointing results recently, but for me that further strengthens the argument to buy shares in Centamin (CEY).

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Too many unknowns to make Anglo African Oil and Gas an investment currently

Anglo African Oil and Gas (AAOG) has been hugely popular with private investors over the past few months and has seen big fluctuations in its share price as various pieces of news landed during its recent drill – including a placing to raise more money which Tom Winnifrith exclusively revealed here before it took place.

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EDL
EDL
PREMIUM CONTENT

Major blow to Edenville Energy's coal-to-power plans

All that Edenville Energy (EDL) seems to have managed to achieve over the years is to burn through cash at a rate of knots whilst failing to deliver anything for shareholders other than a steady and prolonged decrease in the share price. I can remember even back in 2010/11 when this company was being promoted as having huge potential, along with all the other rubbish that you tend to hear spouted about these small AIM resource outfits across the bulletin boards...

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KAZ
KAZ
PREMIUM CONTENT

KAZ Minerals has the potential to become a copper mining giant in the future

After a strong performance during the first half of 2018, copper has been weak and is currently trading at close to its lowest levels since mid-2017. Having hit peaks of more than $7,200/t last June it is now around the $6,000/t area, and although an improvement on the $5,800/t level it started the year at, I would hardly call this slight resurgence a proper bounce just yet. But I do think that is going to come as the metal is too important to stay at these levels for long, especially in light of the fact that many analysts are forecasting a supply deficit in the coming years due to the increasing use of the metal – as I’ve mentioned in the past, electric vehicles will be a factor and use far more wiring than the cars that are currently in common use...

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I can't see any good reason for buying or holding Imaginatik

Software business Imaginatik (IMTK) announced this morning that it had disposed of all of its assets and has sold its business, and pre-market open I saw a lot of people saying what great news it was.

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MOS
MOS
PREMIUM CONTENT

I will be surprised if Mobile Streams is still trading at the end of 2019

Back in early December I wrote a piece warning people not to get taken in by RNS-Reach announcements, and criticising the way that some companies seemed to use the system to try to attract investors and pump their share price, by releasing information that isn’t considered to be price sensitive, but making out that it is some sort of big deal.

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MOS
MOS

Beware of share price rises caused by RNS-Reach - Mobile Streams is a case in point

I often find myself questioning the purpose of RNS Reach announcements for companies listed on the AIM market, as they can cause severe volatility in the share price and this is usually far more than is justified by the news itself.

PMO
PMO
PREMIUM CONTENT

When oil bounces, Premier could easily see a quick 50% rise

Premier Oil (PMO) has always been highly geared towards movements in the oil price, so it is hardly surprising that its share price has been dropping recently.

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CEY
CEY
PREMIUM CONTENT

Keep buying any weakness in Centamin as the company is now back on track

Centamin (CEY) has had a bad run of form of late, but I believe that this is just a temporary blip in its fortunes and it presents a fantastic buying opportunity for the future.

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Lionsgold slung off AIM - what does it mean for shareholders?

I would imagine that most Lionsgold (LION) holders were somewhat less than impressed when news came at the end of last week that its shares were being cancelled.

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I would continue to avoid Koovs until it proves that it can turn the business around

I came in for a fair bit of criticism when I covered Indian fashion retailer Koovs (KOOV) negatively and suggested it was a sell or avoid back at the start of July. Since then the share price has pretty much halved from the 20p level that it was trading at, so I feel that my criticism of the company was justified, and my view has been vindicated – hopefully some of you who have read my articles and were holding at the time also saved yourselves from seeing the value of your investment halve. A number of people have been asking me what my view is of the company now that the share price has dropped back to around 10.6p to buy, so I felt that it was time to take another look.

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AAU
AAU
PREMIUM CONTENT

Ariana – weak gold, Turkey problems but still a buy

AIM-listed Turkish gold producer Ariana (AAU) released the quarterly update of its Red Rabbit joint-venture at Kiziltepe a week and a half ago. We had already been told that gold production had shot the lights out, but the update filled in the detail and it was all good. Meanwhile the gold price has been sliding and Turkey is in some considerable bother which is not good. But on balance I reckon the shares are still a buy.  

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BPC
BPC
PREMIUM CONTENT

Bahamas Petroleum is screwed unless it can conclude a farm-out

When Bahamas Petroleum (BPC) announced a confidentiality exclusivity agreement back in May I expressed scepticism as to whether that would actually result in any sort of farm-out deal ultimately being concluded.

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EVR Holdings - a long way from justifying its current valuation?

It isn’t unusual for tech stocks to trade at a very large premium to the actual fundamentals in the early days as value is largely based upon the growth potential, but at some point they have to start showing that they are going to be able to justify the valuation being placed upon them.

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RRS
RRS

Why I would add more Randgold Resources whilst it is relatively cheap

When a sector is showing weakness it can be tempting to sell up and move into something else, but often if you are in for the longer term then this is actually the time to be adding to your investment.

CEY
CEY

Centamin offers exposure to gold at a great price currently - buy

Centamin (CEY) has taken a big hit to its share price over the past week or so and has seen getting on for £400 million wiped off of the value of the company.

WTI
WTI

Crazy rise on Weatherly International as investors fail to understand the RNS!

The lack of research by many private investors never ceases to amaze me, especially as they are often putting their hard-earned money into these companies!

ASO
ASO

Why does Avesoro Resources look so cheap on paper?

West African gold miner Avesoro Resources (ASO) hadn’t been performing as well as investors had hoped since it started production, but things finally seem to all be coming together now.

WTI
WTI

Hard to see how Weatherly will escape drowning in a sea of debt

One of ShareProphets regular readers, Wildrides, has asked me to take a look at Weatherly International (WTI), and as I do follow the mining sector quite closely, I am happy to give my thoughts on the company.

JOG
JOG

Jersey Oil and Gas is worth a look before it drills Verbier this summer

Jersey Oil and Gas (JOG) hasn’t had much luck in the past, having managed to get a decent sized field into production it was subsequently hammered by the collapse in the oil price.

Despite the name change to Maistro, blur looks set to continue to perform badly!

Despite changing its name from blur Group (BLUR) to Maistro (MAIS) at the start of the year, it is hard to see much of a change when it comes to the fortunes of the company. Basically, it offers businesses a platform for the procurement of business services, including marketing and human resources, and on its website it boasts that it has been in the business for over a decade. With that in mind, it doesn’t exactly look great that the company is still racking up heavy losses each year, and looks like it is going to continue doing so for the foreseeable future.

RRS
RRS

Randgold can overcome the problems in the Congo - buy

It isn’t often that I look at shares in a FTSE100 company and can easily see a very high chance of a 25% or more gain in share price over the coming months.

WSG
WSG

Will things be different this time around at Westminster Group?

Westminster Group (WSG) is a company which I once had high hopes for, but in the past it has always been one which has promised the earth but has failed to deliver much of any real substance.

Canadian Overseas is going to run out of money again soon - avoid

Canadian Overseas Petroleum (COPL) is a company which I have been pretty negative on in recent times, and certainly nothing has happened to change my view on it, certainly in the shorter term.

SIA
SIA

SOCO International share price decline could be close to a reversal

As an investor who has always been a big fan of oil and gas plays in general it is difficult not to focus on that particular sector at the moment, given the recovery that we have been seeing there. Some people may argue that the move has already happened and that oil prices might not go much above the $64 level that we have hit this week, and could well finish the year a fair bit lower – certainly somewhere in the high 50s wouldn’t surprise me, although a lot will revolve around the outcome of the OPEC meeting at the end of the month. Whilst that may be the case with the commodity itself, when it comes to equities many have lagged this commodity correction, and given the share price action of some of them, you could be forgiven for thinking that oil was still down in the doldrums and completely unloved.

Why I'm happy with the Central Asia Metals acquisition

If I’m being completely honest then I have to admit that I was somewhat annoyed when an RNS from Central Asia Metals (CAML) initially landed to say that trading in the shares had been temporarily suspended pending the acquisition of a large asset. That annoyance though was largely driven by a shorter term view, as shares in the company had been doing very well and the price was increasing steadily in the run up to the financial results, which were expected to be good and with yet another high yielding dividend to be paid. Alongside that copper was flying and had just topped the $3.10/lb level.

Growth rates are failing to support the Gfinity market valuation

Unfortunately a lot of early stage media and technology companies can look to have huge potential but then fail to really live up to expectations, and I think that has definitely been the case with Gfinity (GFIN).

Central Asia Metals is probably the most under-valued commodity play on the market!

There are times when a large background seller can present a good buying opportunity, and an institutional investor offloading shares isn’t always a sign that the company is failing to perform.

AAU
AAU

Ariana – gold price, production news and share price

After my mea culpa of June 20th we have had further news. It has taken a bit of time to digest, but overall it looks positive to me, if rather laced with jam-tomorrow. With the share price finally off its low point of just 1.25p, let’s look through the detail.

KAZ
KAZ

Kaz Minerals offers a buying opportunity on this dip

Kaz Minerals (KAZ) is a great example of the extent that commodity prices can effect larger miners, and the recovery in copper prices has seen the share price trading at multiples of where it was just 18 months ago.

SLP
SLP

Sylvania continues to deliver a strong performance - buy for the longer term

Sylvania Platinum (SLP) is a company which I’ve followed for quite some time and hold shares in myself - and I view today’s unexpected acquisition news as being positive for the company moving forwards.

SLP
SLP

Sylvania Platinum looks to offer great long term value

As long as there is nothing fundamentally wrong with the company itself, then with any leveraged play on commodity prices, which is basically what many producers are, the time to be buying is when the price of the underlying commodity is near the bottom of a cycle. It is usually hard to judge exactly where the bottom is going to be but, when it comes to platinum, I think we are nearing that area.

COM
COM

Comptoir Group – less than a year after IPO on AIM… a profit warning…

A 10:15am “Trading Update” announcement from restaurant group Comptoir (COM), which IPO’d at 50p per share on AIM less than a year ago. An unusual time for a trading update + a restaurant group, with all the pressures facing that sector currently = I think I can guess much of how the announcement is going to go…

OMI
OMI

Orosur looks under-valued as gold shows continued strength

Orosur Mining (OMI) certainly isn’t amongst the more popular resource stocks on AIM and trading volumes are often verging on non-existent, but I believe that many are missing an opportunity here as they go chasing rainbows with companies that are years away from production, assuming they ever actually get to that stage!

DGB
DGB

Could Digital Barriers be on the verge of turning things around?

Digital Barriers (DGB) has been like so many other AIM companies, in that it has promised a lot but has failed to deliver in the way that investors expected it to, and it now looks like the last chance for the company to live up to expectations.

Is it worth giving Chariot another chance?

Chariot Oil and Gas (CHAR) has begun to get my attention again recently as it has plenty going on operationally during the next year or so, and could well become a popular share to be in once again.

LMI
LMI

Lonmin offers a leveraged play on platinum prices

Lonmin PLC (LMI) was one of my best performing share tips during 2016, and following the recent pullback I think it is well worth another look.

Fitbug's latest update must be a joke surely?

If it wasn’t for the fact that ordinary PIs will have lost a lot of money, the announcements and share price movements in Fitbug Holdings (FITB) over the last couple of days would almost be comical!

CloudTag – are there fees/costs we don’t know about ref. L1 warrants?

I just ask a simple question about AIM-listed CloudTag (CTAG) and this pesky financing deal with L1 involving convertible loan notes and associated conversion warrants. Something caught my eye in yesterday’s RNSs from the company, in which it announced yet another loan conversion – and the first (I expect of a great many) warrant exercises by L1.

VOD
VOD

Growing Competition May Curb Vodafone Shares from Ringing

Hello Share Spaders. Recently, I opined on this superlative website that BT had been over-sold in the last 12 months and was possibly cruising for a new target of 500p a throw, rather than the present sad sub-400p share price. But I’m not so confident over its rival Vodafone (VOD).

Fastjet – 5 months after the last, it’s bailout fundraising AGAIN!

“fastjet (FJET), the low-cost African airline, is pleased to announce that… it has successfully placed 143,449,794 new ordinary shares at a price of 16.3 pence per share… If the placing does not proceed and complete, and in the absence of the group being able to successfully agree or implement any alternative funding, the directors would seek to commence a process of placing the group into administration. Wait a minute, just in August the company raised “total aggregate gross proceeds of £15.2 million… all at 50 pence per new ordinary share”. What’s gone on?

SIS
SIS

Science in Sport – a “trading update” which omits to update on the bottom-line impact of trading!

Sports nutrition company Science in Sport (SIS) has made a “Pre-Close Trading Update” announcement commencing that “sales increased 30% to £12.24 million in the 12 months to 31 December 2016”. Sounds promising, what about profitability?…

CloudTag – draws first half of Tranche 2, but where did £50k expenses come from?

After last week’s “cleansing” RNS which saw the previous suspension finally lifted, you would have thought that there were no further little surprises to come from AIM-listed CloudTag (CTAG). So imagine my surprise at reading yesterday’s RNS announcing the drawdown of the latest lump of cash from L1: just where did £50,000 of expenses come from?

OMI
OMI

New mine coming online should give Orosur a boost

Orosur Mining (OMI) remains one of my favourites amongst the small gold miners listed on AIM, and I now hold shares in the company myself, hopefully awaiting a turnaround in the price of gold.

CGS
CGS

Castings – half-year results show profit hit, to get hit further?

On the back of an August AGM Statement from Castings (CGS) with the shares at circa 428p, I noted there looking an increased risk of short-term share price pain. The following updates on the back of the company’s Half-year Report, with the shares currently sub 400p…

RIC
RIC

Richoux Group – review as shares soar on appointment of founder and former CEO of Prezzo

Shares in Richoux, Dean's Diner and Villagio restaurant group, Richoux (RIC) are currently soaring more than 40%, to above 30p (capitalising the company at approaching £28 million), on the back of a “Board Change” announcement…

WANdisco – talks (in meaningless platitudes), as the CEO walks...

Following an announcement of the appointment of a new CFO earlier this week, yesterday saw provider of cash-burning solutions, sorry, of “enterprise-ready, non-stop software solutions that enable globally distributed organizations to meet today's data challenges of secure storage, scalability and continuous availability”, WANdisco (WAND) make a further “Directorate Change” announcement…

NGR
NGR

Nature Group – “pleased to announce” results as shares slide on another ludicrous statement…

Following an absolutely ludicrous results statement previously, Nature Group (NGR) is “pleased to announce the unaudited interim results for the six months to 30 June 2016”. The shares are currently approaching 8% lower, at 4.375p, in response. Is the company at it again? …

GLS
GLS

Galasys – trading update warns of possible material profit miss whilst it sorts out who its directors are

The farce continues apace with AIM-listed Malaysia and China play Galasys (GLS). This morning we were served up with a rum’n’coke for breakfast in the form of a trading statement. On the one hand there was plenty of blather about numerous and significant new contracts being won, but on the other there are ongoing legal actions in the UK, Jersey and Malaysia to sort out who actually runs the company and we are warned that the costs could put a big dent in the bottom line.

Tern – FY Results part 2, what’s in the Annual Report but not in the Results RNS?

I indicated in part 1 of my results analysis that there were a few bits and bobs in the Tern (TERN) Annual Report which had not made in into the RNS version of the FY15 results. Often it pays, when studying a company’s numbers, to begin with the notes to the accounts and then work backwards from there. And so here are a few things which caught my eye.

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