The most read ShareProphets stories this week were:
Artificial Intelligence could Help this Top Educator to Even Bigger Profits Hello Share Chasers. You've probably noticed a lot of hype about companies involved in Artificial Intelligence. My humble view is that a lot of the rises in share price have already happened for most involved firms. But there are some outfits already benefitting from AI that do not yet look fully evident on the City radar.
Powerhouse Energy – Letter to AIM Regulation about that placing in a closed period This seems pretty simple. Today, Powerhouse Energy (PHE) announced interims which were naturally utterly piss poor but covered in vast amounts of jam tomorrow. Its acting CEO Keith Riley also walked with immediate effect for “personal reasons.” Yet on 22 August through the offices of esteemed bucket shop broker Turner Pope, the company did a £1 million placing at 0.5p. hang on Henry… I have written to AIM Regulation
Zenova – emphasises fire retardant paint order, but what about still the cash burn? Zenova Group (ZED) commences a “paint order in Greece” announcement with that it “is pleased to announce an inaugural order in Greece for its proprietary fire-retardant intumescent Zenova IP paint combined with proprietary thermal insulation Zenova IP paint for the solar panelled roof market for a large international coffee producer with lots of warehouses across the globe”. Sounds encouraging, but what’s the detail?
The David Lenigas video in full… I need to contact my lawyers Big Dave has recorded a 90 minute video with some arse-licking interviewer whose name I do not know which, and I really hate to say it, is really rather compelling viewing. Apparently Big Dave has had to sell both of his hundred foot yachts and says that he is really feeling the pinch paying his mortgages. I am almost in tears as I write, considering his hardship, and will be setting up a crowd fund page sharpish. Actually, a lot of what he says makes really good sense.
Tom Winnifrith Bearcast: Zenith Energy and a cast of scallywags I am recording from somewhere new in Greece where there were awful fires last year. I discuss the arsonists and the BBC and its fake news on global warming. Then it is onto Optibiotix (OPTI), SkinBiotherapeutics (SBTX) and the dimwits who think I really did sack Gary Newman but, more importantly, today's statement from Optibiotix. Then it is Zenith Energy (ZEN), Regtech Open (RTOP) and the fraud Tingo (TIO).
Tom Winnifrith Bearcast: 10 years of servitude is tomorrow Of course I mean utter domestic bliss. But I may not be writing that much on Friday. In today's podcast I discuss why PensionBee (PBEE) is a short, Tingo (TIO) and its Q2 numbers, Cellular Goods (CBX), Union Jack Oil (UJO) and also Ashington (ASHI), Roquefort (ROQ) and the FCA.