UK 14:28 Wednesday, 23 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Am I allowed to write this or will Andy Burnham's new proposed Ministry of Truth forbid it? The great gold bug Schiff has it bang on the money with his truly libertarian approach to immigration. He talks about America but it is even more true when one considers the UK. Here in Airstrip One, I would throw open the doors to all comers. That would put the people smugglers out of business. But I would also not offer a penny of welfare to anyone arriving in the UK. Let us see who then arrives. Further more…
Homewares group Portmeirion (PMP) has announced its results for the first half of the 2026 calendar year headlined “‘Elevated’ strategy progressing at pace, fixing the foundations for growth”. So not currently growth then?
The presentation can be seen below and takes into account the awful attack on the Tulu Kapi camp on 4 September. To me it really is a very strong slide deck and reinforces why on a risk reward basis the shares are – at 0.72p - such a strong buy and I am, as you know, buying so drinking my own poison! For me, the key takeaways are:
What folks like Laura “the cover up” Zelenko and crazy Meg Short at Bloomberg will never understand is that I am one of the good guys holding Companies to account. If I hang up my boots to become a goat farmer or when the grim reaper comes to pay a call, more folks will get away with financial crime or dodgy accounting because nobody else seems to raise issues with the regulators and force corrective action. Today I have received the letter below from the Financial Reporting Council regarding Optibiotix (OPTI).
In light of today’s Police interest in Paul Mathieson I have dropped Laura Zelenko at Bloomberg an email. Laura promised me a full and prompt enquiry into Bloomberg’s role in harassing me at the behest of Paul Mathieson, Barings’ Nick Leeson and the man Harvey Weinstein engaged to harass journalists and women he is alleged to have raped, Seth Freedman. Ms. Zelenko’s commitment to an enquiry was 7 months ago. However, nothing seems to have happened from the woman in charge of “overseeing standards.” The letter reads:
Most recently on colour cosmetics and personal care brands company Warpaint London (W7L), in July with the shares at 182p I questioned on its launch of a share buyback programme, how much “an opportunity to deliver value for shareholders”? including that, with “difficult” trading conditions, it will be interesting to see the second half weighting now required with September-expected half year results. The shares most recently closed at 224p but now the results and what of a current share price response towards 190p?
I have dropped Francesca “Frankie” Davies at Baker Mckenzie a note about Paul Mathieson…the Police have been on the trombone
A delayed workday today after a morning health relapse. Back on the case I explain exactly why I do not trust the new management at Skinbiotherapeutics (SBTX) and why owning its shares is madness. En passant I mention Cirata (CRTA) and the FCA.
Pulsar Group (PULS) has announced that it “has reached a satisfactory conclusion with HMRC… as expected, the group has paid the outstanding amounts owed to HMRC. These repayments were made from the group’s normal cash collections… The group’s underlying trading position is robust with a number of recent notable wins across all regions”. The shares have currently responded up to 18.5p, but what about that comparing to above 35p at the start of the group’s current year to end-November?
It is not Petra Diamonds PLC (PDL) that faces the petition. It is a zero for reasons I have explained many times but most recently HERE. However, there is a winding up petition made by HMRC against a subsidiary, Petra Diamonds (UK) Treasury Limited.
The Euroloon Jonathan Price is wrong about most things in life other than his lifelong support for the mighty Hammers, accepting that his Mrs is far too good for him and his knowledge of commercial property and shares in that sector. He regards it as a slam dunk cert that there will be more bids as he explained HERE.
European Green Transition (EGT) has announced its half-year 2026 results emphasising “a transformational period… completed the acquisition of the Wind Services business”. What’s the outlook now from the valuation at a 13p share price, comparing to a 6.75p offer price tip just in April?
At what point does the board of Reabold Resources (RBD) accept that their (shit) all paper offer for Union Jack Oil (UJO) is going to flop and ‘fess that they will then walk away.
Audio visual distributor to the trade, Midwich Group (MIDW) has announced results for the first half of the 2026 calendar year headlined “Solid revenue growth leading to double digit growth in adjusted profit before tax. Outlook for the Full Year remains unchanged”. What about a share price of 150p in response, still down from above 200p early this year?
Better late than never Skinbiotherapeutics (SBTX) has served up a (piss poor) delayed trading update and declined to offer specific guidance going forward other than to ‘fess that it is still loss making and burning cash. It has not yet secured anyone prepared to act as NED as it stated it would by mid September so what’s the good news?
In today’s trading update, the insolvent fraud Supply@ME Capital (SYME) fesses up that it is still unable to publish its year end accounts to 31 December 2025 and that interim accounts for six months to 30 June 2026 won’t be published on the deadline of 30 September. So its shares remain suspended. It gets worse.
Marketing and advertising company M&C Saatchi (SAA) has announced its results for the first half of the 2026 calendar year and that it is “confident in delivering LFL net revenue and operating profit growth for the full year 2026, in line with market expectations”. So what about a current more than 6% lower share price response to below 140p?
We write after recently banking an approaching 32% bid price to offer price gain on another company takeover approach. The company we now replace that with in the portfolio has already had takeover interest into early this year and its recently announced half-year results highlight why and suggest the shares are a Buy.
That is the choice I face as we start the process of choosing a secondary school for my son. After pondering that I look at Amaroq (AMRQ), Skinbiotherapeutics (SBTX), Kefi Gold & Copper (KEFI), Eco Buildings (ECOB) and Hamak Strategy (HAMA)
Describing itself as “the world’s leading supplier of premium, high-performance and sustainable wood building materials”, Accsys Technologies (AXS) has issued a “Trading Update” including that it “expects full year underlying EBITDA (excluding the JV) to be broadly in line with market expectations… demonstrating margin improvement” and what about a current share price response to 63p, 12% lower?
