UK 10:26 Wednesday, 7 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.
In today's podcast I start with the clown Lenigas as he stoops to new lows in every respect - see HERE. I then move onto a shit company not linkd to Jabba The Hutt - Taihua (TAIH). I also cover Solo Oil ( SOLO), Strat Aero (AERO), 88 Energy (88E), Cluff Natural (CLNR) and the time Algy met a man in shorts and a T shirt (me) and turned up his patrician nose, and Nighthawk Energy (HAWK)
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Comments
Daniel Victor
To publicly admit ‘it was my fault’ would be an open invitation for people to sue you.That is why motor insurance companies won’t let you do that when you have an accident.
Duck and Dive
Whilst agreeing that Nighthawk should pay some form of penalty/compensation for misleading the market, I’m sure this must have been a mistake (albeit by several people who all failed to do their job properly) rather than a deliberate deception. That’s because the production numbers are easily verifiable by looking them up on the official COGIS website:
http://cogcc.state.co.us/data.html#/cogis
Heck, even the BBMs knew instantly that the RNS was wrong.
Nighthawk’s future depends not on the bank but on the continued support of major shareholder and NED, Johan Claesson and his compatriot, Peter Gyllenhammar who between them own just under 30% of Nighthawk – plus approx $11m in CLNs… plus royalties on oil production. But it would demonstrate unprecedented conviction if they were to pay off the secured bank loan in the current climate – and then presumably take the company private.
Duck and Dive
By the way, I’m pleased to hear that you have corrected your definition of “trading while insolvent” since wrongly accusing Fastjet (and others) of this crime.
In the same way that PLCs should be penalised for misleading the market, I’m sure you would agree that City bloggers should be held to account for their clickbait disinformation.
TW will comment later :)Marvin
There is a reason tax havens are in most cases former colonies. They operate with tacit approval of the political class, many of whom have stashed their not so hard earned there to avoid tax.
And who the hell issues bearer bonds anymore ? Banks and Arms companies I should imagine.
I would have thought this was common ground for libertines and socialists alike.
Bring the whole cesspit down.