UK 18:30 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Just a reminder that it is Shrove Tuesday or, as younger folks might say, Pancake Day. Next up I shall be asking what you are giving up for Lent? I shall be giving up expressing my undiluted admiration for Britain's leading chanteuse Ms Cheryl Cole. Back to shares and I discuss what is real asset backing and what is it worth with relation to Allied Minds (ALM) and Cambian (CMBN) and a piss poor trading statement from Tungsten (TUNG). I express some displeasure with MX Oil (MXO), now off any buy list, and then move onto Servision (SEV) which is heading to where Motive TV (MTV) is now - off another 50% at 0.00p
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Comments
Graham
ALM was pitched as a sell on Shareprophets at £7.20 bid last April. Still a bit further to go to reach a reasonable risk-adjusted fair value.
http://www.shareprophets.com/views/11593/allied-minds-a-clear-short-ahead-of-results
By the way, Cheryl is single again
Bearfacts
Not only is it Pancake day it’s my birthday!, and not only am I 48 today I have a bloody toothache since last night.
I haven’t got the energy to do some research on BNR and Afpo but I’ll get round to it, I need cheering up the pain is pissing me off!! I feel sorry for anyone crossing me today.
If you get chance, a happy birthday mention on next Bearcast would certainly make me feel better!!
Re Asset backing….my opinion is how liquid is asset and what would someone pay you for it! today.
Re Private companies have you noticed the increasing number of crowdfunded and funding circle businesses are getting into financial trouble and going down the plug hole…
All the best….
Eyeguy
Tom
Can you cast your eye on the holdings RNS’s today on MTV and give your opinion as wtf is going on.
Not that it really matters to me
genuser063
MTR put out an RNS at no-one-is-watching o’clock in which they describe paying for services in shares.
Is it any different to what MX oil have done to their existing shareholders???
“In today’s environment most service providers are eager to receive cash for services, however, in this case we were asked to consider that payment be made in Metal Tiger shares in lieu of cash. This is a great endorsement for the Company and its strategic plans and on this basis we were happy to undertake this modest additional issue of equity.
Metal Tiger is highly active at present and further announcements are likely to be made in the near future across a number of areas of the Company’s investment activities.”
GreedSpam
The elephant in the ALM board room is Woodford (not ‘some VC fund’) who is pumping up the NAV on every turn. Since the WPCT holding is on MAX he has to also shovel it into the subsidiary unquoteds. And that is primarily where the shenanigans are going on with the maths.