UK 02:24 Thursday, 17 September 2026
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HRO

HRO

Buy HR Owen at 140.5p

Motor dealer HR Owen (HRO) is an arb trade. On 18th July the company rejected an offer from Berjaya Philippines at 130p a share saying that it was not good enough. It is not.

But the bid places HR Owen in play or at the very least will see brokers revalue it or get a higher bid from the same predator or another. Either way all things point north.

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TOM
TOM16 Sep 2026
Im no expert, neither is Harry, it is you who knows what is happening on the ground, we defer to you
Tom Winnifrith Bearcast: a long chat with Harry Adams
SD1983
SD198316 Sep 2026
So ask Jim Mellon then. How many drugs which have already been proven to work in humans, go on to spontaneously fail. Seriously Tom, ask him because I can tell you the answer is zero but you wont believe me.I acknowledge you've been correct about the shareprice and funding needs. We have been in a multi year bear market though but still I'll not take it away from you. You were right to be bearish and you may still be right now to be bearish. Avacta may need to do a placing. I am not question that, I am not arguing with you about that. I am saying your understanding of the science and the implications of the results is frankly sub par. I cringe when I read your interpretation of the results, not trying here to have a go but what your writing is embarassing. Youre out your depth scientifically and thats fine, just ask and people will help you. I will help you. As for your business model, I think you do write inflammatory things on purpose with the hope of driving traffic to the website from the likes of X, then people pay to access what you've written behind a pay wall and you make a couple quid. Thats what I mean when I say you do it for clicks.Again, no issue with you. You have your strengths and your business model and i enjoy your content on a wide range of topicd but your commentary on scientific issues is piss poor, frankly. Let me know what Jim Mellon says 👍
Avacta: it’s a spoof says Evil Banksta add to shorts into the share price spike
TOYIN
TOYIN16 Sep 2026
I never said you did and it’s not about being an expert, there was an attack, there could be another, that is a possibility. If you wish to ignore it, that’s up to you, which is understandable seeing as you are the expert.
Tom Winnifrith Bearcast: a long chat with Harry Adams
TOM
TOM16 Sep 2026
The valuation for a company with assets that years of drilling misses make questionable seems generous to me. WShen a man wiuth a good rep meets a company with a poor one it is always the latter that remains intact
Tom Winnifrith Bearcast No 2: back to the 1970s

Complete Coverage

That Was the Week that Was 7 Days of ShareProphets

Wednesday »

Boom
UPDATED: Lucian Miers & Jim Mellon are coming back to Sharestock in 2027: early bird tickets now on sale, event 15% sold out!
  • By Tom Winnifrith
  • 10 hours ago
Bearcast
Tom Winnifrith Bearcast: Joshua turns 10, congenital idiots turn on me and a victory lap as Cirata crashes, the FCA should be all over this
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SMWH
WH Smith – argues “solid peak trading”, but how ‘solid’ really?…
  • By Steve Moore
  • 10 hours ago
AVCT
Avacta: it’s a spoof says Evil Banksta add to shorts into the share price spike
  • By Tom Winnifrith
  • 12 hours ago
ADF
Facilities by ADF – interims emphasise its “strength”, so a trading warning (natch!)…
  • By Steve Moore
  • 12 hours ago
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BREAKING: Farewell Oak Securities hello Crest Corporate Brokers, oily Jerry Keen & team jump ship
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HUI
I try to be fair and show balance
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CT Automotive – interims emphasise “revenue increased”, but what about the bottom-line?…
  • By Steve Moore
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Boom
Amazing AI – Auditors Resignation letter in. Oh dear. What is being hidden?
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  • 16 hours ago
BRES
GOTCHA: Blencowe’s Ralston axed after my FCA intervention and loses options but the company is still talking shit
  • By Tom Winnifrith
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Tuesday »

Bearcast
Tom Winnifrith Bearcast No 2: back to the 1970s
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ALU
Alumasc – full-year results, a “resilient performance” and a “positive start” to this year?
  • By Steve Moore
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Clown
Dr. Jeevun Sandher MP celebrates wage growth – a new contender for dumbest Labour MP out there
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BRCK
BRCK Group – “the board’s expectations for the current financial year remain unchanged”, but how creditable is that?…
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STAK
Breaking: Stack BTC, Direct Bullion, Paul Withers and Nigel Farage, this is just so sleazy
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Boom
Amazing AI – Oooh Er Missus, what's this I see?
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Expose: Africa Bitcoin Corporation and Guild Advisory: no prizes for due diligence here!
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  • 2 days ago
MPAC
Mpac – interims, how positive is “outlook for the full year remains unchanged following the company’s update in June”?
  • By Steve Moore
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Bearcast
Tom Winnifrith Bearcast: a long chat with Harry Adams
  • By Tom Winnifrith
  • 2 days ago
BRES
Letter to the FCA: If you do not prosecute Mike Ralston of Blencowe, you admit you are useless
  • By Tom Winnifrith
  • 2 days ago

Monday »

Curse_Of_ShareProphets
Question for Ms. Frankie Davies of Baker McKenzie re Paul Mathieson
  • By Tom Winnifrith
  • 2 days ago
LIKE
Likewise Group – a competitor backdrop changes Buy?
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FAB
Fusion Antibodies – full-year results argue “another year of important progress”, but why then not announced until now?…
  • By Steve Moore
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Bearcast
Tom Winnifrith bearcast: Crime pays
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  • 2 days ago
CER
Cerillion – after I wrote in June ‘is it really “on track to deliver FY26 financial targets”?’… “it is now apparent to the board that the year’s outturn will be behind consensus market forecasts”!
  • By Steve Moore
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AML
A stock to short from Sharestock
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GlobalData – a ‘plan’ “to drive long-term value creation”… with a profit warning having argued earlier this year “Primed for Growth in AI Age”!
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BRES
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UJO
Is Union Jack breaching the 2018 Data Protection Act 2018 and thus committing a criminal offence?
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Sunday »

KEFI
Kefi Gold & Copper – further “Tulu Kapi Update”, still value: BUY
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TXP
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Top-10
Notes from Underground – Most read articles for the week ending September 13
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Saturday »

Bearcast
Tom Winnifrith Bearcast: Craig Howie (the City chap) vs Richard Jennings (the oik)
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PEBB
Pebble Group – interims and “strategic opportunities” suggest still a Buy
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Ariana Resources – “positive metallurgical drilling”, remains a risk/reward Buy
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Friday »

STEM
SThree – a confirmed possible offer proposal… which it swiftly rejects
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Bearcast
Tom Winnifrith Bearcast 3: Union Jack says its former board broke the law and then rewards them
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Video: silver to $330, gold to roar ahead
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Futura Medical – how confident is it that folks will not welch on placing as shares collapse?
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Thursday »

BRK
Brooks Macdonald – full-year results, still a value income Buy
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SDY
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