Red Rock Resources (RRR) has announced the Commercial Court of Lubumbashi has issued an executory judgment in its favour for joint venture partner VUP SA to pay it $2 million damages with costs, with there already another judgment for $2.505 million. What of a little changed share price of 0.625p though, albeit at least up from heading towards 0.40p before Christmas?
Another one to annoy our in-house bitcoin loon Jimbo although I sense that this particular sinner is somewhat repenting.
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”.
If the share price of a company is in sharp decline and the CEO walks it is for one of two reasons and neither is good. It could be that the CEO knows that things can only get worse and wants to put as much clear blue water between him and a ship that is bound to sink. Or the rest of the board know that stakeholders will only do what is needed to try to keep the ship afloat if there is a change of captain, it is an admission that the ship is in deep trouble. Either way it is always a sign to sell or short or add to shorts and that brings me to Omega Diagnostics (ODX) where I have been a long term bear.
Asset manager, Egon von Greyerz does not mince his words. There is no fence sitting here. He argues that systemic risks are increasing but the general investor does not appear concerned. No one knows the size of the derivatives markets but it’s likely in the quadrillions. Egon points out that sovereign bonds make no sense for investors since the only way they can be paid back is with more money printing, hence they are extremely poor investments especially when you consider the dismal returns.
Hello Share Cravers. You may be one of those souls who try the handle several times before they’re happy they’ve locked the front door. My own obsessive behaviour is the unreasonable way I play the national lottery. This is a kind of investment (ha ha). So it’s appropriate to discuss it on this dazzling website.
I start with a weather report from Chez Atwater, refer to this article, and ask any cultists to explain. Then there is a fake sheikh (or not)-hunting competition regarding ADM Energy (ADM). Finally I ask if we bears really will have a long promised tea party in 2022 as slimmer of the month Lucian Miers suggests. Heck, he is even thinking of shorting Tesla again.
Arts, crafts, stationery, toys and books retailer TheWorks (WRKS) has announced results for its half-year ended 31st October 2021 and an update on subsequent trading which currently has helped the shares up by more than 14% to 64.6p, a £40.4 million market cap. So what’s the story?…
The document below is so utterly shocking that surely the FCA must now be held to account. In September of last year I demonstrated why Standard Listed Umuthi Healthcare was a fraud and exposed how it had been brought to market by a convicted fraudster Connie Van Nieuwkerk. By October 21 2021, the company was forced to ‘feee up in an RNS to Connie and also that its CEO Gert Viljoen had also been arrested in South Africa and was also in the slammer. So how did the FCA respond?
Ahead of what will be dismal interims and a catastrophically bad update on current trading due within 11 days and with a bailout placing needed PDQ, shares in Chill Brands (CHLL) are again lower today at 11.8p. My target price is still 0p and still the idiots who have ignored my numerous warnings from 76p down as they know better still paly the man, me, not the ball, my data and bear thesis. Meet kaka47 on the ADVFN Asylum who posts: