Keyword results: share price

MHC
MHC
PREMIUM CONTENT

MyHealthChecked – first half ‘strong’ trading and new testing commercialisations potential excitement ahead

MyHealthChecked (MHC) has announced that trading in the first six months of the current year has been stronger than expected – and that ahead of launch of five at-home cheek swab DNA wellness tests.

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Newsboy
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Last day of June! What are house prices, Ocado and Moonpig up to?

It is the last day of June, the last day of the quarter and the last day of the first half of the year. How exciting! There is so much more to come for all active investors. As for the ‘buy a bit of everything / anything’ passive investor types…good luck, unless you really want to ignore the world of investments for a decade or two. And so much to think about, as always on a Thursday. First, I was amused to see that the latest Nationwide House Price Index for June pleased many people by still showing a year-on-year increase of 10.7% (only just below the 10.8% anticipated number).

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CWR
CWR

Ceres Part 2: The Case Strengthens as the Share Price (Unfairly) Backs Off

Hello Share Squashers. It’s not often I suggest you look at the same share in the same week. But there’s enough data to add to my earlier posting on Ceres Power (CWR). Especially as the good news I imparted on a partnership with Shell (SHEL) has made no difference to the share price. It seems the City has yet to wake up to the potential here.

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Mode sneaks through its latest fundraise within the notes to accounts and continues to burn through cash - a bargepole SELL

As many of you reading this will know, I’m not exactly a fan of Mode Global Holdings (MODE) and even less so after its latest antics where it hasn’t exactly gone out of its way to inform investors about its latest fundraise!

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How on earth did 4D find itself being placed into administration - the red flags that could help you avoid similar

Hindsight is often of little use on the markets and consists of people kicking themselves about something which seems obvious after the event, usually a missed trade, but occasionally it can also be used to avoid making the same mistake again.

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PZC
PZC
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PZ Cussons is still a bad day Buy for me

Back in April I called the Imperial LeatherCussons BabyCussons KidsCarexOriginal SourceSanctuary Spa and St. Tropez seller PZ Cussons (PZC) a “bad day buy” below a 200 pence share price. I think we might have had a few of those year-to-date. But if you have bought some shares - like me - then you certainly have not made a fortune (yet) as the shares are basically 200p this morning. Still, it could be a lot worse…

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SFR
SFR
PREMIUM CONTENT

Severfield – full-year results, a clear trading resilience: Buy

Structural steel company, Severfield (SFR), has announced results for the year ended 26th March 2022. Its growth strategy, the company claims, is delivering a record order book, with a broad diversity of sectors, geographies and clients, providing good earnings visibility through 2023 and beyond.

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AAU
AAU

Ariana Resources – “significant progress” across projects, Buy

Ariana Resources (AAU) has announced significant progress across its projects, “most notably" the construction of Tavsan, with associated development activities being ramped up.

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SHOCKING EXPOSE: Nostra Terra – THIS is what devout Christian Matt Lofgran and Roland “fatty” Cornish hid in the FY Results

This is a disgrace and if the Oxymorons at AIM regulation “led” by the bogus Sheriff of AIM, Mr Marcus Stuttard, were not such pathetic and spineless pond life they would be banning the devout Christian Matt Lofgran and London’s worst Nomad from playing any further part in life on the AIM sewer.

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Bearcast
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Tom Winnifrith Bearcast: Shield Therapeutics or Verditek - which sees a share price collapse first?

I start with my wonderful son, Joshua, losing every race at Sports Day with bravery and humour. Then, onto UK Network Agency; Innovation Agri-Tech; Eden Pharma; the wretched FCA's failure on £65 million fraud, Appbox Media/One True View; Ocado (OCDO); Morses Club (MCL); Cake Box (CBOX) - where Steve is wrong; Verditek (VDTK); and Shield Therapeutics (STX).

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JSE
JSE
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Overdone drop on temporary production issues at its Montara field - buy Jadestone Energy (I have)

Any disruption to production is obviously a big issue for oil producers, and even more so when a company only has a small number of operations and it causes a significant impact on output.

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RNK
RNK
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Rank Group shares are for suckers only

Back in August last year, I concluded about Rank Group (RNK) that at the then 175p share price “for me today I would AVOID”. That was wise as this morning shares in the company which has “entertained Britain since 1937” are only 82p! So why have they halved over the last ten months?

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How does Tesco feel about the UK economy?

About three months ago, I noted that, before I bought back into the shares, I needed to see a >10% fall in the then c. 265p Tesco (TSCO) share price. We are not there yet, given this morning's 248p price, but what did its Q1 update say about the tricky path ahead?

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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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WTB
WTB
PREMIUM CONTENT

Good updates from Whitbread and WH Smith today…but I still only love the former

Another exciting day in the markets, although at least today they are up…until we see what the central banks on either side of the Atlantic have to say for themselves over the next 24 hours or so. All good fun (as always). Meanwhile two workable updates today from Whitbread (WTB) and WH Smith (SMWH)...

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JSE
JSE

Jadestone Energy – 2021 results and 2022 positives, but Bank Gains?

Jadestone Energy (JSE) has announced results for the 2021 calendar year and that it still expects 2022 average production to increase to 15,500-18,500 boe/d. So what of a share price slipping to 101p in response?

AO
AO
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After eight years of struggle, AO World shouts auf wiedersehen to Germany

It was about six weeks ago when I last called AO World (AO.) “comedy” and the reasons for not investing into (as per its website this morning) the ‘largest online-only white goods and electricals retailer in the UK…we also operate in Germany’ continue. AO…let’s continue not to invest (despite the near 71% fall of its share price over the last year).

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WKP
WKP
PREMIUM CONTENT

If you don’t love office property in London, you won’t want to buy shares in Workspace

Back in November 2020 I noted about Workspace Group (WKP), the “leading provider of flexible space for London’s brightest businesses”, that it was “fortunate it does not have the huge legacy debts of many of its commercial property peers, so it will survive…but the structural headwinds are still most clearly there: fewer clients wanting more discounts”. The shares have gone a bit up and a bit down since then but, despite being up about 1% this morning to a 732p share price after full year numbers, they are basically unchanged over the last nineteen months or so. In short no disaster…but what should investors think now?

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Following its joint venture with Anglo American, Arc Minerals has the potential to reach production - speculative buy

Finding junior mining companies that have the potential to go on to develop a large resource through to actual production, or an asset sale, is never easy and the reality is that most of these companies fail to ever achieve much other than burning through large amounts of cash over a period of years.

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BMV
BMV

Bluebird Merchant Ventures – positive Kochang project news, Buy at up to 3p with a 5p near term target

Bluebird Merchant Ventures (BMV) has announced sample results from South Korea, which, it emphasises, confirm that it is on the right path to 'proof of concept' gold production.

THS
THS

Tharisa – interims, sustained financial delivery upside: BUY

South African metals producer, Tharisa (THS), has announced results for its half-year ended 31st March 2022, including “PGM production of 91.8 koz, up 22.2%... Chrome production of 776.7 kt, up 6.3%... strong commodity markets”That sounds good!

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AEX Gold – Q1 and strategy update, potential production and exploration Buy

AEX Gold (AEXG) has announced first-quarter results, emphasising that its strategy remains to bring the Nalunaq gold project back into production, and use it as a platform for strategic mineral assets in Greenland.

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CNE
CNE
PREMIUM CONTENT

I think that Capricorn Energy shareholders are getting a bad deal from this merger with Tullow - Sell

I’ve been a fan of Capricorn Energy (CNE), formerly Cairn, for some time now and my investment there has done pretty well, but I probably won’t be holding for much longer now that it has announced a merger with Tullow Oil (TLW).

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Esken – Formerly Stobart Group – FY Numbers: “Well Positioned For Future Growth”? Not If You Are A Shareholder!

My continued advice to keep well away from fully-listed Esken (ESKN) – the former Stobart Group (STOB) seems to have been well placed. Quite apart from the serial Red-Flags-At-Night announcements, there is the small matter of the share price continuing to collapse. A year ago the shares were 32.9p and I said sell; last August they had fallen to 15p and I said keep well away. Now they are just 8.77p and there are a few Red Flags in the FY22 results (to February) to suggest that there is still further to fall.

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Headlam – AGM trading update, further profit progress: BUY

Floorcoverings distributor group Headlam (HEAD) has issued an AGM trading update including that it “continues to be comfortable with profit expectations for the year”. So what of a current 338p share price?

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BT
BT
PREMIUM CONTENT

Busy Thursday – BT Group, Johnson Matthey and Auto Trader

I think it was the Welsh poet George Herbert who once wrote “Thursday comes and the week’s gone”. Perhaps he should have looked at the stock market a bit more, because Thursday is always the busiest day of the week for anyone interested in corporate updates. Three pieces of news flow that particularly interested me today…

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ARS
ARS
PREMIUM CONTENT

The Asiamet deal with DOID continues to drag on, but I'm happy to hold as there is real value here! BUY

Asiamet Resources (ARS) is a great example of what happens to a share that the market has totally lost confidence in and how a major, company-making piece of news is likely to be needed in order to bring about any sort of change in sentiment.

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CWK
CWK
PREMIUM CONTENT

I don’t eat much meat but maybe I should (finally) buy some Cranswick shares

Nowadays Cranswick (CWK) is more than just “one of the UK’s leading producers of fresh pork”. I got all excited about sausages and more back in November last year, but I never got around to picking up any shares. Maybe that was wise or lucky given the 35 quid shares back then are now about 32 quid. What do I think after today’s full year numbers?

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KGF
KGF
PREMIUM CONTENT

So many key outstanding questions for any (prospective) Kingfisher shareholder

Back in November I observed that below a 300p share price it might be worth having a look at Kingfisher (KGF). Thanks to the market volatility of the last three months we have been at that level, but there have been other stocks I have been more interested in. So what do I think after today’s first quarter trading update?

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RMG
RMG
PREMIUM CONTENT

Leave Royal Mail shares to the experts

Back in November last year I wondered if I was going to choose Royal Mail (RMG) as a new buy for 2022.  But when it got the end of December the share price had risen from about 430p to approximately 520p and hence I was happy to keep on ignoring it. So why did Royal Mail shares react badly to its numbers last week, meaning their year-to-date fall is now nearly 40%? It is a good job then that I decided to ignore the share late last year…but is it a potential buy now?

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DCC
DCC
PREMIUM CONTENT

DCC may be a boring FTSE 100 name for some…but I still like it

I am a bit of a fan of DCC plc (DCC), the “leading international sales, marketing and support services group with a clear focus on performance and growth…operate through three divisions: Energy, Healthcare and Technology”. Back in late December I called it one of my tips of the year for 2022. So how is it getting on?

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Burberry – don’t expect me to buy any of its 2022-23 ranges…but I still think the shares are cheap

As I observed back in January I am “not a global fashionista nor a chav...but still a Burberry (BRBY) shares fan”. With events since, unsurprisingly the share is down but I can live with that as - at various points over the last few years - I have bought the stock at an average price below the current sub 16 quid share price level. But what do today’s full year numbers to the start of April tell me about both recent and upcoming trading realities?

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Lucian Miers: Amigo the simplest UK slam dunk short, target price 2p ( now 6.35p)

Lucian Miers’ (the bear raider) top three UK short positions are:

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GRG
GRG
PREMIUM CONTENT

I am still more focused on a “hotly-debated Vegan Sausage Roll” than Greggs shares

Some good news and some less good news for easyJet (EZJ) today. Call me radical but I have booked an easyJet flight for later this year, which is a tiny bit of positive news for its finance team. The less good financial news is that the company is going to have to “offer new and existing cabin crew a £1,000 bonus at the end of the summer holiday season, as airlines battle to retain and recruit staff”. Frankly though, a bit like any company, if it doesn’t have happy and motivated staff it will ultimately struggle. I remain a fan despite a lower share price this morning. And what about Greggs (GRG), which published a trading update this morning? After all a couple of months ago I asked the question “At what share price will I want more than just a vegan sausage roll from Greggs?”...

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RR
RR
PREMIUM CONTENT

How is Rolls-Royce getting on?

You probably saw that, late last week, Rolls-Royce (RR.) held its AGM, giving a year-to-date update.  How exciting for shareholders!  But how did they get on?

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Don't Go Down the Lazy River. Get 'Em Sold!

Hello Share Mates. One of the seven deadly sins is sloth. And while it doesn't necessarily lose shareholders a lot of money, it stops them making it. The major manifestation of laziness in Shareland is allowing companies which have been going nowhere for a long time to rot in your portfolio.

  • 50 days ago
SGE
SGE
PREMIUM CONTENT

Once again, I am in love with Sage Group shares

Back in January, I believed that my shares in Sage Group (SGE) - the “British multinational-enterprise software company, based in Newcastle upon Tyne” - had hit my 800 pence target, and thus that it was time to take my profits.  A few days later, I did.  But what do I think today, after a fall to around 670 pence?

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Serinus Energy results were disappointing but I wouldn't be in a rush to panic sell at the current price

I recently covered Serinus Energy (SENX) as a speculative buy based on the likelihood that the results for the first quarter would be good and the company would have benefitted from high commodity prices and fairly low Capex.

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BBY
BBY

Infrastructure Giant Builds Hope for a Higher Share Price as it Buys Back its Own Stock.

Hello Share Wranglers. Like most infrastructure jumbos, Balfour Beatty (BBY) is making a strong recovery after the setbacks of Covid. So confident is the company that in the first quarter of 2022, it has re-bought nearly £20 million's worth of its own shares. And that's not all. It expects to have repurchased £150 million's of its stock by the year's end. The outfit happily boasts that it will continue to make higher profits for the rest of 2022.

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Macfarlane – AGM trading update, upgrades after half-year?

Packaging group Macfarlane (MACF) has announced “a solid start to 2022, with first quarter sales and profits from continuing operations ahead of the same period in 2021… expectations for the full year are unchanged”. So what of a current 120.5p share price?

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LFT
LFT
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Lift Global Ventures - did the UK’s top chartist, Zak Mir, predict this 2 week share price collapse?

Lift Global Ventures (LFT) - a cash shell that buys assets in the financial media world - was listed at 3p on 29 April, after a fund raise which brought in £1.73 million. That, we are told, was “oversubscribed”, which is obviously a testimony to the brilliance of its CEO, the Sith Lord Zak Mir. Every bandit in town is on the shareholder list, as well as upstanding blue-chip investors like David Lenigas and ex ADVFN boss, Clem “a legend in his own expenses lunchtime” Chambers.

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RMV
RMV
PREMIUM CONTENT

The Rightmove CEO is wise to exit stage left after over 16 years

You all know how to think about Rightmove (RMV). As noted here in February, the average person seems to love checking out what the latest property price in their village or town might be. Even I have checked it out once or twice year-to-date (obviously purely for educational reasons). But I am not surprised that Rightmove’s shares are down 30% year-to-date and neither am I surprised that the stock is down 4% today…

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Ferrexpo looks like a good recovery buy with large upside as long as its operations in Ukraine continue uninterrupted

It isn’t really surprising that any companies operating in the region where the current conflict between Russia and Ukraine is going on have taken a big hit to their share price since it all kicked off, but that can also present opportunities as long as you are prepared to take on the risks associated with that.

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TRN
TRN
PREMIUM CONTENT

Despite today’s rising share price, my view is keep avoiding shares in Trainline

It is no surprise to see Mondi (MNDI) shares up over 6% today after its positive trading update out after the close yesterday. I am a bit of a fan of both Mondi and its rough peer DS Smith (SMDS) as mentioned about both of them back in March, but a FTSE 350 name I’ve not been a fan of is Trainline (TRN). So why has its full year numbers today pushed the shares up by nearly 5%?

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Fresnillo – Q1 production ‘on target’, Buy

Fresnillo (FRES) has announced first quarter of the year production including attributable silver production of 13.28 million ounces and gold production of 0.15 million ounces and that, despite challenges, “2022 guidance remains unchanged”.

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OEX
OEX
PREMIUM CONTENT

Oilex placing news shows that all those claiming to have inside information were all lying

I’ve previously written here about the attempts by some to manipulate the share price of Oilex (OEX), and particularly with regards to an upcoming placing, but that will come to an end now that the company has released the actual details.

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More challenges at Joules Group

Whilst Aston Martin Lagonda (AML) shareholders may be pleased that their shares are up over 6% today, it still remains a comedy investment. I am sure the cars are very nice but despite all the chat about 2022 guidance maintained and a “successfully launched DBX707 ahead of Q2 deliveries”, the reality is still centred on losses and higher net debt levels. It remains a car company controlled largely by the rich for the rich. Despite the wealth of its Chairman and the 92% share price fall since its most recent IPO in 2018, it remains an avoid for me (at many levels). So if fast and flashy cars are not really my thing, what about the “premium lifestyle brand and group with an authentic  heritage and values of family, fun and joy in the countryside” offering of Joules Group (JOUL)?.

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Buy Serinus Energy ahead of the quarterly results, which should show substantial cash build

Serinus Energy (SENX) shares have performed pretty badly, considering that oil and gas is currently in a bull market, but I believe that the next set of operational and financial results could be a turning point for investors.

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GSK
GSK
PREMIUM CONTENT

GlaxoSmithKline – Q1 update, still further share price upside as demerger nears

GlaxoSmithKline (GSK) has announced its first quarter of the year results and that it reconfirms its full-year 2022 guidance. We are well ahead on this share tip where we are also drinking our own medicine so what to do now?

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SWG
SWG
PREMIUM CONTENT

Shearwater – full-year trading update, ahead of expectations, don't bank gains yet!

Cybersecurity group Shearwater (SWG) has emphasised a “set of market-beating numbers… we remain excited for what the future holds”. What of a share price response up to 140p?

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AET
AET

The detail of the Afentra deal in Angola look good to me and I'm very happy to be holding

A couple of weeks back I wrote a piece here about how I was excited about the prospects of a small AIM oil company, Afentra (AET), where I hold a stake myself and which had just announced that it had potentially secured a stake in two blocks, subject to final due diligence. The company has now announced that it has entered into a sale and purchase agreement with the vendor, Sonangol, and has released a lot more information on the finer details of the proposed transaction – including the fact that it is expected to be funded from existing cash balances plus debt, and with no equity dilution to existing holders in order to complete the deal.

HUM
HUM
PREMIUM CONTENT

The latest Hummingbird Resources operational results were horrendous - bring me my bargepole!

At one time I quite liked the look of Hummingbird Resources (HUM) and its gold mining operations, but unfortunately, like so many AIM listed resource stocks, its potential looked better than what it hasactually turned out to be!

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Novacyt – receives £134.6 million claim from Government – this is all to do with the bonus of ex CEO Graham Mullis and stinks.

As folks guzzled on the covid testing hype, one man grew very rich. Graham Mullis was CEO of Novacyt (NCYT), a nothing biotech perennial dog, which just happened to have a test. Mullis was to be awarded a cash bonus, the size of which was dependent on the share price as of October 17 2020.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Netflix and also why Malcolm Stacey is wrong, wrong, wrong!

I record looking up at the mountains behind the Greek Hovel. Why on earth are we heading back to Wales? I shall miss this place badly. Then, onto Netflix. Finally, I explain why Malcolm is wrong on shares generally, but also on Gear4Music (GFM), where the only unknown is the scale of the share price collapse, a process far from complete.

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OEX
OEX
PREMIUM CONTENT

BREAKING EXPOSE: Oilex - more share price manipulation and claims of insider information being leaked

A couple of weeks back I wrote a piece here about how the share price of Oilex (OEX) was being manipulated, with all sorts of claims being made from some people about being told information that wasn’t in the public domain.

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AVO
AVO
PREMIUM CONTENT

Advanced Oncotherapy – Flip-flop Delay To Fundraise!

On 12th April 2022 AIM-listed Advanced Oncotherapy (AVO) announced an equity fundraise of £1.735 million at 25p a pop – a premium to market, but only at par price. We were told that the fundraise has been conducted through a direct subscription with the Company (the "Subscription") for a total of 6,940,000 new ordinary shares. So the money was in the bank, right? Wrong….

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CEY
CEY
PREMIUM CONTENT

Centamin – Q1 update, production fall expected and we can now look to better times ahead

Centamin (CEY) has announced a quarterly update including “as planned, Q1 2022 production reflected the successful transition to owner mining in the underground… reiterates its 2022 full-year guidance”, so what of a share price response currently down closer to 90p?

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FLO
FLO
PREMIUM CONTENT

Flowtech Fluidpower – a buy for further recovery?

Shares in Flowtech Fluidpower (FLO) remain below levels of earlier this year despite recent results showing encouraging recovery and noting an encouraging start to this year, with there looking to be scope for further recovery in profitability and for the share price.

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RIO
RIO
PREMIUM CONTENT

Rio Tinto total return love and fingers crossed hope for Wood Group

There was not too much to be excited about for Rio Tinto (RIO) shareholders today on the publication of its first quarter production results. I remain a big fan of the mining name as I noted a couple of months ago, and whilst its core iron ore business had negative growth this was largely expected and should improve as the year progresses. Apart from very firm metals prices versus historically, the other opportunity for the company over the 2020s remains everything else it is doing – or, as it put it in the update, “we made notable progress during the quarter with the commencement of underground mining at Oyu Tolgoi following a comprehensive agreement reached with the Government of Mongolia, completed the acquisition of the Rincon lithium project in Argentina, and signed a framework agreement at the Simandou iron ore project in Guinea”.

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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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Don’t buy Dunelm shares, instead do some fundamental research and visit a local store

It is about eight hundred days since I last wrote about Dunelm Group (DNLM), “the UK's leading homewares retailer”. Back in mid-February 2020 I observed that “I am still not shopping there let alone buying the shares (1000p round number new support level?)”, which is kind of fascinating as the share price today is close to being at the aforementioned 1000p share price level. So what is going on?

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Vast Resources – another brutal death spiral cut, the rush to 0p accelerates

The sequence that started on January 12, at 1.57, can again be extended: 1.24, 0.86, 0.77,0.59, and now, 0.48. Ouch! That is the price at which death spiral provider, Atlas, has converted loan notes onto Vast Resources (VAST) shares, the latest being $300,000 worth. The bad news? Atlas has another $5.2 million to go. Luckily, there was a spoof RNS on Monday, which must have helped with the forward selling

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AET
AET
PREMIUM CONTENT

It looks like Afentra shareholders will finally be rewarded with an asset that will have a big impact on the company - and hopefully the share price

Over the weekend reports emerged in the Angolan press that its national oil company, Sonangol, had finally completed the bidding process for the licences that it was selling its stakes in, and that a small AIM company, Afentra (AET), had been successful in being selected for two of these blocks. I’ve been invested in Afentra for some time – as well as having covered it positively several times here going back to the days when it was called Sterling Energy, and like many others have been patiently waiting for some news whilst the shares remained suspended. Due to the size of any transaction resulting from its bids, it will constitute a reverse takeover and the shares were suspended accordingly, and will remain so until either a prospectus is published or it terminates its bids for the Sonangol assets.

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ROO
ROO
PREMIUM CONTENT

The continuing madness of Deliveroo

I am a bit of an easyJet (EZJ) fan even if it is over two years since I last was on one of its planes. Tom may be more of an expert on actually getting on its planes more recently given his regular trips to the Hellenic Republic. As for today’s announcement of its reduced H1 losses to a “range of £535-565m for the 6 months ended 31 March 2022", believe me it could have been a lot worse and the key remains the number of trips over the next six to eighteen months. The shares are little changed today at just shy of 550p but I am still hopeful of a run at 800p, which keeps it a Buy for me. By contrast, I see Deliveroo (ROO) goes from one shocker to another…

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WG
WG
PREMIUM CONTENT

Looking forward to next week’s full set of numbers and comments from Wood Group

There are very few stock markets around the world open this Friday, so that makes it a four day investment week. But it is far from dull out there given a bunch of the world’s biggest American banks are out with quarterly numbers on Wednesday and Thursday. Plus there are set to be a bunch of interesting updates from FTSE and other UK market names - I may have commented on once or two before - starting tomorrow. In short, I look forward to an Easter egg (or three) to help rebuild a bit of energy. However I thought today might be a bit quiet…until I saw news from John Wood Group (WG.)...

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CMC Markets full year results come in at the top end of guidance and there's a large share buyback in progress - do you buy more shares?

The performance of CMC Markets (CMCX) has been pretty disappointing in recent times, but now there are some signs of its financial performance improving and a potential demerging of the business on the horizon.

VOD
VOD
PREMIUM CONTENT

Takeovers and the (boring) worlds of BT Group and Vodafone

As I noted here a couple of months ago, BT Group (BT.A) is not an expensive share; it is just you will make better returns from other FTSE names (let alone elsewhere in the global markets).  That’s why, on a good day - that is to say, above a 200 pence share price - I will be selling my stock, after more than doubling my shareholding back in 2020.  And now, I read more hopes about sector deals…

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I3E
I3E

i3 Energy – production and reserves positives, shares up but more to come...

i3 Energy (I3E) has announced that production from Canada is exceeding expectations, and it looks forward to updating the market with results from its active drilling program.

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What will the new CEO of Johnson Matthey say next month (and beyond)?

You may remember I wrote in February about Johnson Matthey (JMATthat, whilst it “is 204 years old and out of the FTSE 100”, it is also “far from boring”. So what did I make of today’s pre-close full year trading update?

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AAU
AAU

Ariana – Tavsan News Points To Further Value Here: Still A Buy

AIM-listed Gold (and Silver) producer in Turkey, Ariana Resources (AAU) has at last updated the market over its second Gold mine at Tavsan. It seems that things are indeed progressing and we are now given to expect mine construction to commence this quarter.

EZJ
EZJ
PREMIUM CONTENT

Ryanair talk and easyJet Easter travel fun

Maybe I will or maybe I won’t go on a plane this year as there are always plenty of other things to do in life. Based on number of historic trips, my favourite carrier remains easyJet (EZJ) but it is a good job I am not travelling with it today as “EasyJet cancels 100 flights due to Covid absences” – something I am sure all Easter travellers, across all airlines, are fully aware of. And this brings us to observations by its great peer and competitor Ryanair, which observed this morning that it “expects to report a pre-exceptional FY22 net loss of between -€350 million and -€400 million (previously guided range of -€250 million to -€450 million)”.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: The TTF disinvites me and spares the FT's blushes on Woodford

I have today been disinvited from the Woodford TTF event, so if you paid £75 to hear me, ask for your money back. I’m sure the FT’s happy, and I discuss what you will NOT now hear. I also discuss today’s April Fool on ShareProphets - which some of you fell for! Finally, I look at 4D Pharma (DDDD); Verditek (VDTK) – is that the Fat Lady I see?; Eden Research (EDEN), and the issue its auditors will have; and musicMagpie (MMAG), with today’s share price lurch in mind.

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RRR
RRR
PREMIUM CONTENT

BREAKING & SHOCKING: Andrew Bell re-elected by a Landslide at Red Rock Resources

The RNS merely states that all resolutions passed at today’s AGM. But, given the speculation regarding CEO Andrew Bell’s future, after the piss-poor share price performance of late, Mr Bell is being unduly, and uncharacteristically, modest and not giving the actual results. Luckily, I can assist…

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Another great set of results from Central Asia Metals and it remains a long term buy and hold

Central Asia Metals (CAML) is one of those companies which I think is consistently undervalued by the market, and although it carries some degree of geo-political risk, I believe that too large a discount is applied for that.

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Toople - CEO lies about dilutive death spiral loan

Toople (TOOP), the sub-standard listed company, today issued an RNS about “debt financing”. And in that RNS, the CEO lies. Never buy shares in companies where the CEO is shown to tell a lie, as there are bound to be others you are unaware of.

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ENQ
ENQ
PREMIUM CONTENT

The market reacted negatively to the EnQuest full year results but I can see long term potential - buy

EnQuest (ENQ) has just released its results for 2021 and the market didn’t seem to like them, judging by the reaction of the share price, which I find surprising as I think they actually made pretty good reading.

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You'd almost think Peel Hunt was up to no good - musicMagpie share price

musicMagpie (MMAG) clearly needs a bailout placing to survive. There is only selling ( apart from spoof boardroom trades) so the shares should be heading lower. But one market maker is holding the price up.  Others clearly would not touch this with a bargepole given what we have exposed here this week.  So which market maker is holding the price up?  Hint….

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It is a Friday - and you might be bored with large caps - but Smiths Group is still cheap

Six months ago  I observed that the British multinational diversified engineering business Smiths Group (SMIN) was worth sixteen to seventeen quid a share. The share price has risen about 10% since then, meaning a just shy of a fifteen quid share price this morning.  After all its first half numbers showed a 3.4% rise in organic revenue growth and an 11.1% rise in operating profits given it saw “strong demand across most end markets”.  And it also sold its Medical business in recent months too allowing it to focus on other parts of its business and buying back some shares too.  

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NXT
NXT
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Whilst Next is boring that does not make it dull

I am sure many of you have shopped at a Next (NXT) store, from one of its catalogues or online over the years. Next may not be super-fashionable or super-cheap but it is super solid, hence why over the last five years the shares have not embarrassed themselves like M&S (MKS), boohoo (BOO) or Debenhams have. But I need to have a think about Next shares because since I last wrote about the company in early January the stock is down over 20%. So whilst I did title my article ten weeks ago “Good job Next, but your positive Christmas trading is factored in”, is the share price now cheap?

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PDG
PDG
PREMIUM CONTENT

Questions always questions at Pendragon

year ago I wrote “what a strange company is Pendragon (PDG)”, even if it is the second largest motor retailer in the United Kingdom. Of course if you purchased the stock, despite today’s c. 4% share price fall after the publication of its FY21 numbers, you would still be up over 40%. So well done if you ignored my scepticism (although my personal sector preference Vertu Motors (VTU) has almost risen 80% since then). But, as I noted with the latter here earlier on this month, it is getting tougher in the sector, which brings us back to Pendragon shares…

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KOS
KOS
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As much as I like the future prospects of Kosmos, top slice whilst oil prices are so high?

Kosmos Energy (KOS) is one of those companies that has never seemed to be very popular on the London market but it has performed extremely well as oil and gas prices have risen.

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ZYT
ZYT

I'm with Steve and Tom, Zytronic Is Set to Touch a Glittering Future.

Hello Share Shufflers. Uncle Tom and Steve write appreciably about the touch sensor king Zytronic (ZYT). And I thought I’d like to support their enthusiasm. In an age when many more of us rely on digital gizmos, there can be little doubt that touch screens are more and more essential to those folks seeking an easier life

  • 102 days ago
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Vast Resources the death spiral that was meant to be replaced crunches the share price again - official target now 0p

On January 31 Vast Resources (VAST) announced that it had almost replaced its Atlas death spiral with alternative funding, a refinancing. Natch that was grossly misleading! This is Vast after all.

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OptiBiotix Health – intention to list its ProBiotix Health business on AQSE, Strong Buy…

OptiBiotix Health (OPTI) has announced that it intends to seek admission of its ProBiotix Health business onto the AQSE Growth Market with an associated fund raise of approximately £2.5 million at an indicative premoney valuation of £22.5 million and a distribution in specie. With, at a 35.5p share price, OptiBiotix as a whole currently capitalised at £31.3 million, is this good news? You bet!

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SWG
SWG
PREMIUM CONTENT

Shearwater – contract win, boosts confidence in meeting full-year forecasts: BUY

Cybersecurity group Shearwater (SWG) has announced a three-year contract with a global financial organisation, totalling $4.1 million, to provide the customer with security software across the breadth of its operations.

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Malcolm

In an Uncertain Economic World Here's What the Canny Investor Needs to Know.

Hello Share Magnates. There’s nothing holds back share prices more than uncertainty. And boy, are the world’s economic affairs uncertain now. But let’s take a look at some of the issues and see how we as smart share traders, both active and not so active, can make money in the near future.

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Keep buying Essentra and its “hassle-free supplier of essential industrial components”

I have been a big fan of shares in Essentra (ESNT) – whicvh hopes to be “the world’s leading responsible hassle-free supplier of essential industrial components” – for about nine months now.  And whilst my average purchase price of below 275p is very pleasant compared to today’s c. 315p share price, the share has been pretty volatile year-to-date after I discussed its continued good progress back in January . So am I still hoping for a 400p+ share price target or not?

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Capital Metals could be on the verge of production - a speculative buy or not?

Capital Metals (CMET) has been covered in the past on ShareProphets, both positively and negatively, and, on behalf of a reader,  Tom Winnifrith asked me to take a look and give my latest thoughts on this Sri Lankan focussed miner. You see, we do read your emails.

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Bearcast
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Tom Winnifrith Bearcast: 2 bigger threats to share prices than what is happening in Ukraine

I discuss those threats and at a company level I add commentary on Nightcap (NGHT), Cake Box (CBOX) Chill Brands (CHLL), Cellular Goods (CBX) and Supply@ME Capital (SYME)

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CNE
CNE
PREMIUM CONTENT

Capricorn Energy is only trading at around cash in the bank and is too cheap given its producing assets - buy or hold

Capricorn Energy (CNE) has seen its share price weaken since it announced a tender offer as opposed to a special dividend, which many investors had been expecting, but remains one to hold.

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Fresnillo – 2021 results, on-going challenges but confident in prospects: BUY

Fresnillo (FRES) has announced 2021 results and on-going challenges but also confidence in its prospects. Really?

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HAT
HAT

H & T Group – 2021 results, looks well positioned for trading recovery

H&T Group (HAT) has announced results for the 2021 calendar year and that looking ahead it “is well positioned”. Is it?

SHI
SHI
PREMIUM CONTENT

Stay excited about “born green in the 1950s” SIG!

Have you enjoyed the last week in the financial markets?  It certainly has been volatile but such is life in the stock market world and – as I have observed before – if you see volatility as more of a threat than an opportunity, get somebody else to manage your investment portfolio as it will make you a lot less stressed and a lot wealthier.  Meanwhile for us obsessed with the world of the financial markets the key always remains how you react.  And that brings me this morning to the just announced FY21 numbers of SIG (SHI).

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Supply@Me Capital Bulletin Board Morons apply Leni maths = mega shorting opportunity

Supply@ME Capital (SYME) shares are up by more than 50% at time of writing this article at 0.1025p with the rumour mill implying huge revenues were just around the corner at Tradeflow Capital.  The announcement that Tradeflow had cumulatively financed over $1 billion of commodity trade up from $750 million the previous quarter was what seems to have promoted the buying frenzy.

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FinnCap - a very odd trading statement and is it sexist to talk about the share price since IPO

Nomad and broker Finncap (FCAP) led by smug Sam Smith the City’s fave female entrepreneur, so we cannot say anything bad about her company, floated on the AIM Sewer on December 5 2018 at 28p per share. Today, after a ramptastic, but odd, trading statement, the shares are …. 28p to sell, 29p to buy if you are nutso.

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I know which out of Capita or DS Smith shares I feel lucky about (punk)

After the excitement of Wednesday’s market moves comes Thursday…which unsurprisingly after the down and up volatility of the last few days is a bit more boring. We could all probably do with it, although a regular bout of volatility is the markets for you (and I would have it no other way). As for today’s corporate updates, two strike me as being particularly noteworthy, Capita (CPI) and DS Smith (SMDS)

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For those who like taking big risks, Polymetal offers potentially huge upside if the situation in Ukraine is resolved - speculative buy

Currently the conflict in Ukraine is a huge risk for any companies operating there or in Russia, and even more so with further sanctions being put in place and proposed.

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Tern and the Wyld cash & warrant crisis, Nigel Somerville is far too charitable

That is Nigel’s problem. He is just too much of a nice guy as he showed with his piece earlier on the Tern/Wyld cash crisis. I am not so charitable.  I am not a nice guy. The crisis is far worse than even Nigel suggests.

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Amigo shares surge 98% on FCA news but this is insanity on steroids

The FCA has today indicated that it will not object to the proposed recapitalization and customer redress package proposed by loan shark Amigo (AMGO) but there are a few horrid caveats and a doubling of the share price to 6p is quite literally insane making this a slam dunk short. Here’s why.

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Tern – Will The 10p Watershed Give Way As Perfect Storm Hits Fundraising Plans

For most of the last year, AIM-listed jam-tomorrow IoT investment company Tern plc (TERN) has survived because its supporters were truly sold on Tern’s portfolio being worth a multiple of the official NAV per share which allowed Tern to issue more and more shares like there is no tomorrow at a huge premium to NAV per share, even if at massive discounts to the prevailing share price. Until now.

ARS
ARS

Asiamet Resources – further proposed investment delay, but that seems largely discounted - BUY

Asiamet Resources (ARS) has announced a further update on the proposed investment from PT Delta Dunia Makmur Tbk. (DOID), one of the largest mining services company in Indonesia, admitting that the process is taking longer than it hoped but with DOID re-emphasising that it “is working as quickly as possible to finalise its due diligence… remain the largest shareholder in Asiamet and are supportive of the advancement of the company”.

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Pantheon Resources may be successful, but the valuation is way too high and there are better betss in the sector

Pantheon Resources (PANR) has a market cap of close to £1 billion but isn’t yet producing oil, which begs the question as to whether or not it is worth the current valuation and how much risk is attached to buying it at this level.

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BPM
BPM
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B.P. Marsh and Partners – further disposal completion suggests value

Early stage financial services businesses investor B.P. Marsh & Partners (BPM) has announced it has completed a sale of its 77.25% shareholding in Summa Insurance Brokerage for £8.1 million after all associated costs, with also a further £1.5 million in full for its loan, emphasising this “once again demonstrates the success of our investment approach over a number of years”.

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Markets catch-up #1 after a mad few days

This has certainly been an interesting first four days of March for global investment markets.  And – in a way – being a bit too busy with meetings and travel over Thursday and Friday to do anything much with investment market choices is no bad thing. 

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IGas offers future potential as a diversified energy play - speculative buy

IGas Energy (IGAS) has been performing well recently in terms of the share price, but following the latest trading and reserves update it has taken a bit of a hit and pulled back more than 14%.

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ZYT
ZYT

Zytronic – share buyback programme boost, Buy

Developer and manufacturer of touch sensors for use with electronic displays in industrial, self-service and public access equipment, Zytronic (ZYT) was a September tip here and a share price fall in the last month has looked harsh to us. The company now clearly seems to think the same.

EUA
EUA
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Eurasia insists (again) sanctions do not matter – that is so much bull

Eurasia Mining (EUA) which was only recently being touted for sale by Russia’s VFB Bank, now facing Western sanctions, has insisted that the new Western sanctions will have no impact on its operations. Whatever you say comrade Schaffalitzky.

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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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RIO
RIO
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Rio Tinto loves dividends but warns big mining sector M&As are madness

Earlier this month HERE, I observed that the ‘Methodist Church threatens to pull stake from Rio Tinto (RIO) over damning sexual harassment report’. I am not sure if its investment committee listened to the mining sector giant’s conference call earlier today but – if it did – it will be pleased with the huge amounts of ESG mentions in the first few minutes of the call. Most investors though will be more excited by the news of ‘record financial results and total dividend of 1,040 US cents per share for 2021, a 79% payout’, equivalent to over a 10% dividend yield. Whilst some of this was a special dividend reflecting remarkable metals sector prices during 2021, how should investors feel now about the FTSE-100 giant with a market cap of just shy of £94 billion?

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VRS
VRS
PREMIUM CONTENT

Breaking: The loathsome Neill Ricketts of Versarien settles libel case with BB poster Ian Westbrook – none of his key demands met

Neill Ricketts of Versarien (VRS) will today be boasting of how he has settled his libel claim against Bulletin Board poster Ian Westbrook and that it is a triumph for him. Au contraire! Only now can I reveal what Ricketts really wanted out of this case.

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DPH
DPH
PREMIUM CONTENT

Dechra Pharmaceuticals – all I want is not a dog, cat or equine offering but a cheaper share price

I have shared my views before on the ‘development and marketing of veterinary products’ company Dechra Pharmaceuticals (DPH), including noting in early September that ‘maybe it is just me finding it easier to appraise future human (than animal) demand scope, but I am going to keep on avoiding this one despite the recent share price falls’. And whilst the shares have romped hugely since their IPO early this century, the stock is down almost 30% during the last six months. So is today’s c. 38 quid share price – after the publication of first half numbers – now cheap or still expensive?

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AVO
AVO
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Advanced Oncotherapy – Is It Placing Ahoy Amid Further Delay To Light System?

I see that shares in AIM-listed Advanced Oncotherapy (AVO) are down to just 26.5p – only a penny and a half above the nominal price. Normally that might not be an issue, but Advanced is a serial non-deliverer of promises and has had to place at regular intervals until now. So what chance a bucket-shop placing to keep the lights on whilst we await the ever-delayed first LIGHT system to even offer a sprinkling of hope for some revenue?

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Will less friendly real estate markets fall on SEGRO shares?

For the first time in a couple of years I might be visiting London in just under a couple of weeks time. Such excitement (not!) to see the Big Smoke.  I read the other day that “house hunters wanting to buy a property in London this year are likely to face more competitive market conditions than in 2021…Since January, 51% more buyers have entered the market and 35% more property viewings took place”.  Such is the excitement (not!) for property market thoughts for 2022, because we all know that it is easy to extrapolate any generally positive move over the last 40 years for another few years. 

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KZG
KZG

Kazera Global – continued progress towards share price catalysts, Buy

Kazera Global (KZG) has announced that December/January production cycle diamond production has achieved a record of over 1,000 carats, the largest of which is a high value stone of 13ct, and that the Tantalite Valley mine in Namibia is expected to become operational shortly, after which the company will begin exporting commercial quantities of tantalum to its Chinese offtake partner.

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UK Oil & Gas – wins legal battle over almost worthless Horse Hill asset, when's the bailout placing?

Of course this is good news for UK Oil & Gas (UKOG) though it does not change the elephant in the room, that is to say the looming cash crisis.  Already this company has insufficiet cash to meet its liabilities and commitments and each day it burns another £5,000 to £10,000.  The share price reaction today, a gain of 29% to 0.1475p is, thus, wholly unwarranted. The news is a positive but not that much of a positive.

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AAU
AAU
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Ariana – Second Tranche Of Special Dividend Confirmed

There was good news this morning for shareholders in AIM-listed Ariana Resources (AAU) as it confirmed dates for the second tranche of its special dividend. As a loyal shareholder, I am looking forward to topping up my supplies of Ouzo o the proceeds.

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PetroTal Corp- Interesting activist Institutional Investor engagement

It’s been a while since I commented on PetroTal Corp (PTAL) – a Peruvian based oiler. My views on this investment case turned negative back in late 2019, and I came in for some slagging on social media for even suggesting it was not the best investment since sliced bread. My last substantive comment was in June 2020, after the company placed to manage the working capital position, as I suggested was required. A cornerstone Institutional Investor is now engaging with PI’s and other II’s to see the best outcome for shareholders. I find this very interesting on several levels.

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OptiBiotix Health – “Commercial and strategy update”. What does it mean tangibly? It means BUY

OptiBiotix Health (OPTI) has made what it describes as a Commercial and strategy update”, including arguing “look forward with confidence to further commercial progress of the group in the current year and beyond”. What does that though mean tangibly?

JLP
JLP
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Jubilee Metals – half-year operational and financial update, still a Buy?

Jubilee Metals (JLP) states that it “is pleased to announce its unaudited operational results for the six months to 31 December 2021” and that it looks forward to “the next six months with the full impact of the Inyoni facility being felt, as well as the targeted ramp-up at Roan enabling us to take another major step in our commitment to achieve annual copper production of 25 000 tonnes”. So what of a current 16.3p share price, £396 million market capitalisation?

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In a growing emerging markets decade should you buy shares in Ashmore?

The 1980s was a great decade in many ways with the best music, best prime minister, massive new excitement about capitalism and much, much more. It was a great decade to be a teenager and learn about shares through reading the Daily Mail.

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Good job I prefer Ocado’s food delivery than its shares…then onto tip of the year DCC

Since I observed in mid-December that “I like Ocado (OCDO) delivery but I am keeping on avoiding the shares”, I have personally used the company twice and remain completely unsurprised to see the share price down over 10% today and nearly 20% year-to-date. Life is always tough when you have a market cap of nearly £9.5 billion, revenue of just shy of £2.5 billion (up 7.2% year-on-year) and – despite some clever software and robots technology – still make a loss. Striking a deal here with M&S (MKS) was smart here in the UK and ‘unveiled the next leap of game-changing technology underpinning the unique and proprietary Ocado Smart Platform’ may be very exciting, but my top tip would be to make some actual proper profit. I guess that means (1) I will put another food and related order in later this month and (2) I will keep on avoiding the shares. Meanwhile, how is one of my ‘tips of the year’ plays DCC plc (DCC) getting along?

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Wildcat appoints yet another "specialist consultant" – Spoooooooooooooooooooof

One year and one month after Wildcat Petroleum (WCAT) lied about having raised £600,000 and took its place among the worthless joke companies on the Standard List, its long promised RTO of an E&P asset is still nowhere to be seen. However, nearly all of the money which did come in after spiv investors flipped the shares they had been issued without paying for, has now been spunked. Cash is now well under £200,000 so serious spoofing is needed.

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ENQ
ENQ

EnQuest – operations update, an exciting year ahead: BUY

UK North Sea and Malaysia hydrocarbon producer EnQuest (ENQ) has published an Operations update, noting that it delivered free cash flow of around $395 million in 2021 with a realised price of c.$69/bbl, resulting in a stronger balance sheet with net debt reduced to $1,222 million and that net production averaged 50,810 Boepd last month. Good news? You bet.

TND
TND

Tandem Group – trading update, results to make clear undervaluation: BUY

Sports, leisure and mobility equipment group Tandem (TND) has announced “FY21 profit before tax expected to be well ahead of the prior year and slightly ahead of the current market expectations” and that its order book “remains materially ahead of the comparative position in the prior year”.

JSE
JSE

Jadestone Energy – “ended 2021 with considerable momentum”, and that looks set to continue as soon as next week

This has been a very good share tip for our readers but there is more to come. Jadestone Energy (JSE) has announced that “2021 production averaged 12,545 boe/d, in line with expectations” and “cash balances at the end of the year are estimated at US$117.4 million, representing an increase of 30% year-on-year, even after the largest spending programme in the company’s history”. This sounds encouraging.

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Supply@Me Capital and the spoof website

Over a month has passed since the fraud Supply@ME Capital (SYME) issued its 31 December 2021 trading update promising inventory monetisation revenue was due shortly.  In January 2022 the sole RNS was the notification of the issue of 594 million shares in respect of the December loan note repayment. I suppose it all depends on what you mean by “shortly.”

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SDX
SDX
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SDX Energy – I warned, now I warn again. It’s a bargepole. SELL

It is some time since I last commented on SDX Energy (SDX), in fact it was over 2 ½ years ago when I last hammered the keyboard to record my views on this company. How time flies when Covid lockdowns stop one going to parties. Regardless, yesterdays RNS really was an ouzo moment when one looks at some of the detail. 

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James Halstead remains quality whilst Joules Group is...a bit more challenged

Another month starts and – no doubt – more corporate share price excitement will be apparent. As a boring active investor with over five years (at least!) before I can access my pension fund, I am genuinely excited about prospects as it is clearly far from being a boring passive investment world nowadays. Here is the less good news though, I doubt if even a third of stocks are even moderately interesting. Clearly we are shifting closer to the world of Japan with ageing populations, high debt levels, boring economic growth progress…and only one in ten of the stocks that you appraise being interesting. And that brings me to today’s updates from James Halstead (JHD) and Joules Group (JOUL).

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PRV
PRV
PREMIUM CONTENT

It is not boring to care about Porvair

It is going to be a busy week. Even beyond the world of US tech giants, there are loads of UK stocks reporting including Shell, BT Group (BT.A) and Vodafone (VOD), with the latter having a bunch of (overly) excitable new active investor chat. Who said the FTSE 100 was boring…(although for various reasons it has been a shabby performer for the last decade or so, but obviously what always really matters is tomorrow and not yesterday). Later in the week the Bank of England will be giving an update where a further interest rate increase is surely highly likely. And of course that makes the importance of corporate analysis even more important, which brings me today to Porvair (PRV).

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Only lecturers in gender/media studies have a greater unwarranted view of their value to society than FCA staff

I start with the Carrie Antoinette “victory party” a few weeks after my dad’s funeral.This is the final straw at so many levels. Then I move onto news that the FCA staff are balloting on strike action over plans to scrap their bonuses. Then to lessons learned from the Novacyt (NCYT) scandal – where I did warn you! The chief lesson is that poor corporate governance often goes hand in hand with poor share price performance. I discuss ADVFN (AFN) in this vein.

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RNK
RNK
PREMIUM CONTENT

Even if you love bingo I would continue to avoid Rank Group shares

I think that I once went to a Grosvenor Casino (spent nothing hence lost nothing) but I certainly have not been to any of the other bingo and gaming opportunities offered by Rank Group (RNK). Still, back in August,  I observed I’d be  having another look at the company’s shares when they are ‘back to a share price in the 150s pence level again’.  You can guess where the 8% share price fall over the last six months have taken us…

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SAE
SAE
PREMIUM CONTENT

Simec Atlantis Energy- It just gets worse. SELL: this is a zero

It has been a little while since I last commented on Simec Atlantis Energy (SAE) and highlighted all the red flags of the investment case. Today’s news that the Uskmouth Planning application has been withdrawn is perhaps surprising at first glance, but in my view, it is fully explainable using a single word – cash. Are we final reaching the death throes of this dreadful company?

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast - I disagree with Steve Moore

Tomorrow will be a day of domestic childcare hell so I flag up now that my copy may be limited. Today I discuss Novacyt (NCYT) vs IG Design (IGR) where I think young Steve is wrong to be so bearish after today’s 53% share price fall. Then I look at two potential zeros Chill Brands (FRAUD) and Verditek (LIARS).

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TNT
TNT

Tintra – epic dilution by Tintra Acquisitions from its convertible loan note

In yesterday’s RNS Tintra (TNT) has indicated that the first subscription at the equivalent of 504 pence per share has arrived which is obviously very good news and sees 148,511 new ordinary shares in issue.

PREMIUM CONTENT

Why no share buyback at Open Orphan?

Some folks are pissed off at the share price and ask me why Open Orphan (ORPH) does not use some of its cash to buy back shares? I put this to Orphan’s boss Cathal Friel who says:

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PREMIUM CONTENT

No surprise Wizz Air, easyJet et al are excited about more holidays

Have you been enjoying the volatile financial markets year-to-date? I have not looked but I guess the value of my pension fund has fallen slightly, even if my #1 position is my beloved Barrick Gold which unsurprisingly is up so far in 2022. I have added one new holding this week though as I did say here a couple of weeks ago about Currys (CURY) that ‘if you see the share price at or below 100p then you should buy’. We will see whether Monday’s buy was smart or not over time. Meanwhile, a couple of months ago I observed about the British multinational enterprise software company Sage Group (SGE) that I had an 800p+ share price target.

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PREMIUM CONTENT

Even if Amigo is saved by the court, existing holders will only be left with 5% of the new company - avoid

When Covid arrived I penned a piece here about the possible impacts on sub-prime lenders, given that the industry was already having issues even prior to that, and have also commented extensively on this on Twitter over the past couple of years.

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PREMIUM CONTENT

CMC Markets should be starting to benefit from increased volatility and is too cheap - recovery buy

I always find it hard to buy shares where I see fundamental good value and where I am intending to hold them as an actual investment rather than just a short term trade based on momentum.

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HAT
HAT
PREMIUM CONTENT

H and T Group – 2021 update, scope for further progress

October share tip at a 279p offer price, UK pawnbroking group H&T (HAT) has announced that “trading performance during the second half remained consistently strong and the group expects to report profit before tax for the full year within the range of current market expectations”.

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ADV
ADV
PREMIUM CONTENT

Disastrous drilling result for Advance Energy, officially my worst share tip ever - but is it now game over?

Advance Energy (ADV) is proving to be probably my worst tip ever, given that I only covered it yesterday and the share price is currently down around 80% following an update on drilling which appears to be bad news, and I can only apologise to anyone who bought based on my piece yesterday. At least it has given my pea brained critics on twitter a day of onanismic delight.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Backing Lord Lucan but Tory Boy Matt Moulding of THG fecks up big time

I start with Mr Moulding who must be a decent chap as he gives vast sums to that beacon of integrity that is the Conservative & Unionist party. I discuss today’s horrible statement from THG (THG).The incident should also see firings at the Mail on Sunday and Sunday Times but it will not.  I look at Omega Diagnostics (ODX) as it rushes towards a single figure share price and at Guild e-Sports (GILD), still a joke, notwithstanding today’s statement.  Finally i look at the Sound Energy (SOU) bids for Lord Lucan’s Angus Energy (ANGS) Will Lucan get any more lucky?

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ADV
ADV
PREMIUM CONTENT

Advance Energy has enjoyed a big rise since I tipped it, but I see more to come now that drilling is underway

Advance Energy (ADV) is a company which I covered last summer and suggested that although it has a very chequered history, new assets and a completely different management team made it well worth a speculative buy with a drill to come.

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PREMIUM CONTENT

Deltic Energy offers upside exposure to drilling without taking any crazy risks - speculative buy

A real buzz seems to have returned to the oil and gas sector in recent times and with commodity prices at their strongest for several years, and that even seems to be trickling down to the lower end of the market and the explorers now with some shares on a real rip.

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PREMIUM CONTENT

Pharos Energy has been terrible but I believe 2022 will be the year that changes - buy

Pharos Energy (PHAR) has been a terrible investment for anyone who has held longer term – including myself – and even more so from the days when it was called Soco International (SIA), but I still believe that it can turn things around.

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PREMIUM CONTENT

If you see Currys shares at or below 100p … then buy them!

About a month ago (here) I wrote about Currys (CURY), observing that ‘if I see the stock below a quid then I will probably buy some’.  Back then the stock was between 110-115p and today it is more like 107p.  So what did today’s ‘trading update for 10 weeks ended 8 January 2022’ say?

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ASC
ASC
PREMIUM CONTENT

Busy earnings season Thursday: ASOS, Wood Group and Tesco

If you are into corporate updates it is an interesting day today and loads to write about. Here is the exciting news: it is going to be like this for over the next couple of months. It has always been thus over the last twenty-five plus years I have been looking at the U.K. markets. I guess I should start with ASOS (ASC), which may have formally talked about a four month trading update to the end of December, but a second headline it gave, observing that the company ‘announces intended move to London Stock Exchange’s main market’, is kind of interesting too.

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TNT
TNT
PREMIUM CONTENT

Tintra – spoof investment valuation: this stinks!

Tintra (TNT) has issued an RNS “Strategic Investment Under Funding Round” which saw the shares soar up over 225% at the time of writing. The whole think stinks like a rotting herring stuffed down the back of a sofa in a very warm room.

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PREMIUM CONTENT

Chariot takes a step closer to production following a successful appraisal of the Anchois-2 gas prospect - buy

These days there seem to be very few AIM oil or gas companies drilling wells targeting significant resources, and even fewer where the outcome is a success.

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PREMIUM CONTENT

Avacta: a double disaster, shares slump but, even so, now in my top 5 Covid testing sells

Oh dear. How sad. Never Mind. The Covid testing bubble is bursting and an admission this morning from Avacta (AVCT) is even more of a disaster than a 27% share price slump suggests. This collapse is only just beginning and will spread across the sector, so completely vindicating we cynics of stocks such as Abingdon (ABDX), Omega Diagnostics (ODX) and others. As a bear, preparing to crack out a celebratory ouzo, Let me explain.

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PREMIUM CONTENT

Still liking Essentra into 2022

I see that Aston Martin Lagonda (AML) observed this morning that its “year-end cash balance of c.£420 million, higher than previously anticipated…”.  That is no disaster for the car company but given its lack of conventional profitability, there will still be a lot to appraise at their formal numbers on the 24th February.  The shares might be up 3% today but they are still down by more than 25% during the last year.  Even though Formula 1 fans might regard the company as offering a lot of sales growth potential, personally I am not excited, even if it claims their DBX brand achieved ‘about 20% share of the luxury SUV market’.  A company owned by the rich, for the rich is never the easiest holding, especially as it has gone bust a number of times before historically.  It remains a clear avoid for me. 

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NXT
NXT
PREMIUM CONTENT

Good job Next, but your positive Christmas trading is factored in

It was not a big Christmas shocker for Next (NXT) to declare this morning that ‘in the eight weeks to 25 December full price sales were up +20.0% versus two years ago…This was £70 million ahead of our previous guidance for the period’. That is far from a disaster, even if Next shares have fallen below the 80 quid level.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast - Lucian getting hammered by Cineworld et al - does he deserve it?

I start with a few comments on my life as a tree hugging, green feminist and the issues that presents. Then I comment on Wildcat (WCAT) and its smearing of me in a bonkers statement. I then comment on Versarien (VRS), the Ian Westbrook case and what will cause a share price collapse this year. Then it is on to Cineworld (CINE), the Restaurant Group (RTN) and easyjet (EZJ), three end of covid plays and why they are not all the same. Finally I look at Nostra Terra Oil & Gas (NTOG) and the latest statement served up by its devoutly Christian boss and why I am not buying into it.

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PREMIUM CONTENT

Should Bacanora investors hold or sell their Zinnwald Lithium shares?

Now that the acquisition of Bacanora Lithium (BCN) by Gangfeng has completed, many former shareholders will be wondering whether to keep hold of the shares they were awarded in Zinnwald Lithium (ZNWD) as part of that deal.

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Oil-Rig
PREMIUM CONTENT

2021 Vomit List Review– How has a Rising oil price impacted my Crystal ball clarity?

So here we are once again considering the merits of a bucket of highly avoidable oily sector investments I heaved into a bucket this time last year, uninfluenced by free pork pies or site visits. The 2021 Vomit list. After chucking up 9 out of 10 winners in its inaugural 2020 list, what has 2021 thrown up? Perhaps none given the rising oil price? Don’t be silly – “Lying” Steve Sanderson would never let me down!

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PYC
PYC
PREMIUM CONTENT

Physiomics has always failed to live up to expectations and I see no reason why that will suddenly change - bargepole!

The lower end of the AIM market seems to be littered with small companies that haven’t made any real progress over the years, in terms of shareholder returns, and I’m often left wondering what the point of them being listed is, given the additional costs that involves.

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RKH
RKH
PREMIUM CONTENT

Rockhopper Exploration – Good news, but does it move the investment needle?

Rockhopper Exploration (RKH), advised the market today that the application by the Italian Government to consider a case that potentially influenced the ability of the arbitration panel to rule on the company’s claim under the Energy Charter Treaty for the Ombrina Mare project had been rejected. This is good news, which followed the recently announced deal with Navitas Petroleum LP and Harbour Energy (HBR) to take Sea Lion oil field forward, which was also a step in the right direction. But does that make the company shares a buy?

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HUR
HUR
PREMIUM CONTENT

Hurricane Energy will be able to pay off its debts, but how much remaining value there will be for shareholders is debatable

Hurricane Energy (HUR) is a company that I’ve been following and covering ever since the days before it drilled the Lancaster appraisal well; through the times when it looked like it could be a big AIM success story; and more recently when it was uncertain as to whether it would even survive.

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PREMIUM CONTENT

Caerus continues to head towards near term production with more positive drill and assay results - it remains a speculative buy

These days I’m generally not a fan of tiny natural resources companies and tend to avoid them as they rarely attract the positive sentiment and momentum that we have seen in the past, and most will never even come close to actually extracting anything from the ground.

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PREMIUM CONTENT

Tern news on InVMA compounds compelling sell case

Today’s news from Tern (TERN) is welcome because it has reduced its future cash flow burn by finding new partners to fund InVMA or Konektio.  The downside is that Tern has diluted its stake from 50% to 36.8% just as the company is experiencing significant sales growth, according to the RNS:

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PREMIUM CONTENT

Aferian – positive full-year update, Buy

Video streaming technology company Aferian (AFRN) has announced year ended 30th November 2021 performance “ahead of the prior year, and in line with board expectations” and confidence looking ahead including increased exit run rate annual recurring revenue of approximately $15 million and further visibility as customers place orders up to 60 weeks in advance in response to extended lead times in the supply chain.

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JSE
JSE
PREMIUM CONTENT

Jadestone Energy – operational update, positive growth outlook

Jadestone Energy (JSE) has announced that 2021 average annual production is expected to be around the midpoint of the 11,500-13,500 boe/d guidance range and that it “now expect to reap the benefits of higher production and attractive pricing, given ongoing oil price strength, our unhedged position and recent improvements in the Tapis differential”.

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PREMIUM CONTENT

Still feeling positive about SIG, Ibstock and Johnson Matthey

In a week’s time it will be Christmas Eve and even I might stop looking at the global equity markets for a few days. Before then,  there is still lots to think about regarding prospects for 2022.  I look forward to sharing a couple of tips for 2022 before the end of this year, but there are three names today which have all given out a pleasing update today.  They might not be one of my two formal tips of the year, but there are reasons why I will still be holding them deep into 2022. 

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PREMIUM CONTENT

UK Oil & Gas with another spoooooooooooooooooooooooooooooooooooof – Lyin' Steve and the share purchase

UK Oil & Gas (UKOG) needs to get a placing away by St Valentine’s Day or it is deep in the merde as I explained HERE. No institution will touch this crock run by Lyin’ Steve Sanderson so the next bailout placing, like all the others, is a bucket shop special which is why Pinocchio  is ramping his arse off with spoof RNS after spoof RNS to try to get private investors buying the shares ahead of a placing at a big discount to the City spivs. Yesterday’s spoof RNS was a green one - today Lyin’ Steve spoofs with a share purchase.

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Takeover Story Dropped but the Resulting Share Price Wobble Could be an Opportunity to Buy into an Expanding BT.

Hello, Share Takers. There’s an interesting situation building at B T (BT.A) The share dipped 6% today because a billionaire said he doesn’t intend to bid for the company. However, Patrick Drahi, boss of Altice UK, announced today that it’s acquired a further 585,476,188 shares in BT, increasing its ownership to 1,785,476,188 shares.That’s 18.0% of BT’s issued share capital. That means Drahi has now put into BT a total of £3.2  billion pounds

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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PREMIUM CONTENT

Tern – when is the next placing, massive cash crisis by Easter

Having raised £4 million gross at 18.8 pence per share on 13 July 2021, the Bulletin Board Morons, although feeling somewhat sore given that the Tern (TERN) share price was 12.5 pence bid price at the close of business yesterday, might be consoling themselves thinking that, at least, the jam tomorrow specialists, won’t be asking for any more cash for some time.  Sadly, that isn’t the case and I demonstrate below why they will very shortly be asked to stump yet more cash to feed the greedy board and its portfolio of loss making and cash guzzling investments.

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VP
VP
PREMIUM CONTENT

Vp – interims, “strong and continuing recovery”. Buy

Equipment rental company Vp plc (VP.) has announced results for its half-year ended 30th September 2021 emphasising “a strong and continuing recovery in all of our businesses”. This sounds encouraging.

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PREMIUM CONTENT

The Mode share price has dropped a lot recently, but for good reason after issuing a dodgy RNS! Bargepole!

Mode Global Holdings (MODE) is typical of many small technology companies in that it burns through cash at an alarming rate whilst trying to grow its revenues to any sort of meaningful amount.

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MMH
MMH
PREMIUM CONTENT

More private equity deals? Don’t hold your breath though...

Congratulations if you are a holder of the ‘new and used cars, vans, trucks and bikes, parts and servicing’ company Marshall Motor Holdings (MMH) which today announced its ‘intention to recommend shareholders accept offer by Constellation’. Well done if you bought the shares 18 months ago at a quarter of acquisition price. Personally I am still getting my head around the comments a couple of days ago that Auto Trader observed that ‘of 900,000 vehicles going through its portals, the average price of a used car had risen on a like-for-like basis by 28% over the past year to £17,366’.

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AAU
AAU

Ariana – News From Venus: Still a BUY.

AIM-listed Gold producer in Turkey, Ariana Resources (AAU) released two lots of news this week from Venus Minerals, the Cyprus-based explorer in which Ariana holds 50%. First up came a revised mineral resource estimate at the Apliki project, which Venus wants to buy into and which looks set to cornerstone an IPO for the company. Then an increased JORC resource estimate at the Kokkinoyia project was released.

PREMIUM CONTENT

Does Cineworld need to deliver a profits warning?

In its November 15 trading update Cineworld (CINE) included a table, which compared revenue from months in 2021 with revenue from months in 2019.  This was an attempt to illustrate that cinema viewings were returning to pre-covid levels, the CEO specifically commented that “We are thrilled to see audiences returning in significant numbers”. As Tom pointed out then, Cineworld made these comparisons notwithstanding that October 2021 had five weekends whilst October 2019 only had four weekends.  Given that cinema viewings tend to cluster around the weekend, this meant that the October 2021 numbers artificially appeared stronger than reality.

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WIX
WIX
PREMIUM CONTENT

IPO 2021 challenges for (inevitably) Deliveroo and (even) Wickes

How many times have you used Deliveroo (ROO)? I cannot remember if it is once or twice for me, but I am not a big fan of the ‘British online food delivery company’. I am glad I have regarded the shares as a strong avoid too, because the (reduced) 390p IPO price earlier this year is embarrassing for the current 252p priced share.

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PREMIUM CONTENT

OptiBiotix Health – launch of sports nutrition products to add £1m a year to sales, Buy

OptiBiotix Health (OPTI) has announced the launch of a new sports nutrition product range, LeanBiome, with a supply & licensing agreement with “a leading global player in beauty & nutrition”. What of a current share price response up to 42.5p?

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BT
BT
PREMIUM CONTENT

Today obviously is not ‘Cyber Monday’! Still...interesting potential BT news

Consistent with my musings yesterday, life in the markets remains excitable although at least today we are seeing an increase after those big losses on Friday. All good fun which any experienced investor has seen much more than once before. Nevertheless I do find it interesting that Friday was the fourth largest volatility index increase since 1990. No doubt a few of you remember all of the excitements back in February 2007, February 2018 and January last year, even before we mention July 1990 and November 1991. Stuff happens…especially on a day such as ‘Black Friday’. Live with it if you are an investor. So what about ‘Cyber Monday’ then?

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Atalaya Mining – Q3 “another strong quarter”, but what of a now more than 400p share price?

Atalaya Mining (ATYM) states it is pleased to announce its quarterly and nine-month results for the period ended 30th September 2021, with it emphasising “another strong quarter… robust operational performance, combined with strong copper prices, has seen our EBITDA for the first nine months of 2021 more than triple from the amount generated during the same period of 2020”. So what of a now more than 400p share price?

HZM
HZM
PREMIUM CONTENT

Horizonte Minerals secures a $633 million funding package for its Araguaia nickel project - remains a long term buy

Horizonte Minerals (HZM) looks as though it has defied the odds and will actually manage to bring a large project requiring significant Capex into production, whilst at the same time retaining 100% of it.

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HOC
HOC
PREMIUM CONTENT

Hochschild offers possible large upside for speculators, but I'd wait until the political risk is resolved before buying

Political risk is always hard to gauge, and where it does start to become a potential issue for a company, it is rarely clear in advance just how much of a problem it could be. The political risk in Peru increased significantly earlier this year when left wing president Pedro Castilla came to power, especially for mining and oil companies as he had promised to heavily tax foreign companies operating there.

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PREMIUM CONTENT

Harland & Wolff – What a surprise..a placing! SELL! There is another one coming soon!

When I last wrote about Infrastrata (INFAin July, I predicted a placing was only a matter of time. The company has changed its name to Harland & Wolff (HARL), but the inevitable has now arrived. A placing at 20p – a whopping discount of 31% to yesterday’s closing price of 29p, and below the price of 23.4p when I commented last in July. The only surprise in the relatively small quantum and the delay, but don’t worry if you miss taking part in this placing – i rather think another one will be coming along shortly.

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CWK
CWK
PREMIUM CONTENT

Cranswick is about much more than just sausages: BUY

I will leave others to talk about the joke that is AO World (AO.) which – after today’s return of losses, more debt and a messy outlook – should change its advert to ‘A..O…let’s not go’. I thought this one was overvalued at the time of the IPO,more than 5 years ago but, after it regained that level during the early COVID-19 days, shares in the electrical retailer have correctly fallen over 75% year-to-date. It is a very clear avoid to me so I move onto something far more sensible…

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KGF
KGF
PREMIUM CONTENT

Kingfisher has rising profits and hopes for Screwfix...but also falling B&Q sales

I said back in March about Kingfisher (KGF) that it ‘loves the rise and rise of DIYers’.  And you can see the impact on the share price over the last eight or so months, rising from well below 300p to over 350p.  But today the share is down over 4% at below 325p, and that is despite the company observing in its Q3 update today that it ‘continues to grow its market share, driven by strong execution of our new strategy’. So what is going on?

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RMG
RMG
PREMIUM CONTENT

Well done Chairman Keith at the Royal Mail

A few years ago I did own some shares in Royal Mail (RMG) on the basis that (1) it could be managed better as a private company rather than a state owned one and; (2) its property ownership in places such as the Nine Elms site in south London offered it the scope to even further improve its alright net cash position. Anyhow, I made a bit of money but lost interest in the shares at/around the 600p level in 2018. For many obvious reasons (fewer letters, worker angst and growing competition in the parcel business), the Royal Mail had a shocking couple of years after that, meaning by June last year I noted that its new chair Keith Williams had a big job going forward. And he certainly did but – as shown by the near tripling of the share price since – I doff my hat to him.

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PREMIUM CONTENT

Wildcat Petroleum – this is a £57m grandiose farce of share price manipulation & news puffery

As a reminder: Standard listed Wildcat Petroleum (WCAT) lied with its first RNS last December 31 about having raised money. It had not. It now has sub £200,000 left and, ceteris paribus, will go bust by Easter. Its June 30 accounts were promised for October and are still not yet out, with no explanation for the delay. Its November AGM has had to be postponed with no new date given. But in what appears to be blatant market manipulation, its shares are roofing it. Why will the FCA do nothing? Today we have news …

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SGE
SGE
PREMIUM CONTENT

Despite tech madness I still like shares in Sage Group

From memory I have never used a product from ‘British multinational enterprise software company’ Sage Group (SGE), but I know enough people who have and they are generally pretty happy with it. Over the last couple of years or so, I have been a bit more of a fan of the shares and noted back in May that the stock was worth a buy with a 800p+ share price target. Back then the shares were about 650p and – after today’s full year numbers – they are at a 750p share price.  That is not too shabby then.

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IMB
IMB
PREMIUM CONTENT

I’ve never smoked, but I do still believe that shares in Imperial Brands are cheap

There are naturally many different views on tobacco shares. I have never smoked and dislike even being moderately close to smokers, but Imperial Brands (IMB) is in the top half of my personal pension fund portfolio. And, as I noted back in July, it is not the only UK listed name in the global sector which is cheap. I have hardly made a fortune holding shares in Imperial Brands over the last couple of years, but I have done alright, aided by increasing my position earlier this year (and then there have been some very reasonable dividend payments too – more on this later). So what do I make of today’s full year numbers to the end of September?

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Clown
PREMIUM CONTENT

Vox Markets and the Companies House Filings - Has Justin the Clown been rumbled?

As you may recall, the business model of Vox Markets is that companies pay £15,000 a year to get interviewed by Justin the Clown who then asks the CEO whether he prefers Hob Nobs or Jaffa Cakes and whether his schlonger is ginormous or merely massive. The sort of AIM and Standard Listed companies that sign up, hope that such interviews can move the share price so allowing the next bailout placing. Maybe those companies have finally worked out that nobody takes the Clown seriuously and this business model is finally being rumbled. I see interesting filings at Companies House.

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TED
TED
PREMIUM CONTENT

Ted Baker shares remain (in my view) passé

Five months, ago here, I observed that the ‘British luxury clothing retail company’ Ted Baker (TED) ‘remains a sell for me’.  Their shares back then were at about a 155p share price and they finished Friday at a level of 130p.  So even though the shares may be slightly up over the last year, any owner since 2017-18 has seen a near 90% share price fall.  

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PVR
PVR
PREMIUM CONTENT

KERBOOM: Provident Resources – Investment Case killed by FLOP26 BOGA side show.

I commented earlier this week my predicted COP26 lack of meaningful outcome would have little relevance to the wider investment world. But that does not mean it has had no impact to my thinking or investment cases I consider. Unfortunately, Provident Resources (PVR) has had its investment case holed below the waterline for me by a COP26 side deal.

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PREMIUM CONTENT

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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Pharos Energy – “timely” progress in Vietnam, Buy

Pharos Energy (PHAR) has announced that “the TGT infill development drilling programme has safely completed ahead of schedule and well within budget”, with a fourth well presently being completed before being perforated and brought onto production to add to three wells already on production.

TNT
TNT
PREMIUM CONTENT

Tintra – the transformation continues but its share price is still Crazy Eddie league INSANE!

Since the arrival of the new management at what was St James House on 25 March 2021, there have been over 25 RNS announcements from the group now known as Tintra (TNT). That is enough on its own to scream caveat emptor.

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PREMIUM CONTENT

Johnson Matthey plummets on news of its exit from battery materials - but this is a buying opportunity

This morning Johnson Matthey (JMAT) issued just the sort of news that investors will not have wanted to see, announcing its intent to exit the battery materials sector and as a result its share price has plummeted.

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HFD
HFD
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Halfords is doing alright (despite a volatile recent share price)

Back in September I observed about Halfords (HFDthat ‘despite the slowdown in its cycling business, I would buy it sub 310p’, which was about the then share price. Judging by this morning’s just over 310p share price, we are back to about the same level. That is not however to say there has been no changes, after all the stock is up over 10% this morning. Hence Halfords shares have had a rather mixed couple of months before today. So what is going on?

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JKX
JKX
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JKX Oil and Gas offers an almost guaranteed 12% return for anyone taking a position now

JKX Oil and Gas (JKX) is a company that I’ve followed for a number of years but it has never quite lived up to expectations, nor performed anywhere near as well as its assets on paper suggest that it should have.

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Warming up to Tate & Lyle

Just under four months ago, here,  I observed that ‘back in the year 2000 I remember looking at Tate & Lyle (TATE), the British-headquartered but globally focused company which aids its customers to ‘make food healthier and tastier’, which was founded after a merger back in 1921. I did very well on the shares back then, but I was not sure back in July this year, whether I was going to buy it again or not.  And since then the shares have fallen a bit further, so based on last Thursday’s first half numbers should I be buying or not?

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Bearcast
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Tom Winnifrith Bearcast: This GQ interview with Matthew Moulding of The Hut Group is a massive sell signal

Mr Moulding is clearly feeling the pressure at THG (THG). The interview here is remarkable and no doubt Moulding feels it will assist the share price. For all sorts of reasons I conclude that what comes over is a quite enormous sell signal.

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ARS
ARS
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The Asiamet deal with Delta Dunia is better than the market is valuing it at - buy

It looks as though Asiamet Resources (ARS) has finally landed the deal for the BKM asset that investors have been patiently waiting for, but so far the market seems unimpressed and the share price is trading lower than it was before the announcement.

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MKS
MKS

Stand By for a Cool Yule in Shareland as the Fabled Santa Rally Could Be Bigger than Ever.

Hello, Share Pickers. This old punter is a big believer in the Santa Rally, that fabled big share boost up to Christmas. Nearly always stock values creep up during November and December. Though you have to be ready with the sell button in January. There was no rally last year due to covid, but can we expect a yule surge this time? You bet we can.

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Buy a Vimto drink rather than shares in Nichols

Have you ever had a can of Vimto? I do now and again and you can find it in most supermarkets here. Anyhow, the company behind the soft drink is Nichols (NICL), which itself was formed back in 1908 in the Scottish town of Shortridge (although now it is based in Newton-le-Willows, Merseyside). Today, sales are around 80% in the UK with the balance in the Middle East and (growing) in Africa. It is interesting to read today that full year 2021 profits are expected to be ahead of current market expectations, which is not too shabby given that, whilst UK sales were up 4.5%, elsewhere in the world growth was up over 36%.

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BT
BT
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Nice to see BT shares back above 150p...and more to come

Back in June I observed that BT Group (BT.A) might have been floated in the 1980s but if you have been holding shares since then it has not exactly been a fantastic run. The company is having to change along with the world of telecommunications and I hold some shares because – in my opinion – the CEO Philip Jansen may have a good idea or two. The trouble is evolving a business can take time and cost a lot of money.

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Chill Brands – why not post a “no reason for share price move” RNS?

Shares in Chill Brands (CHLL) have fallen by almost 20% since the start of the week and it is not yet Tuesday Lunchtime, unless you are Roland “Fatty Cornish in which case Tuesday lunchtime started just after elevenses. In such a situation many companies would be tempted to issue a “we know of no reason for the share price move” statement. But Chill cannot and it cannot for two reasons.

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