BOS Global – Shocking “Fintech RTO” debacle: Case-study No 2
Commenting on Silver Falcon’s nonsense RTO earlier (HERE), got me thinking about my old friend BOS Global (BOS) that recently completed its “Fintech” RTO and in digging around, I uncovered some comedy gold.
- By Cynical Bear |
- 2 October 2016, 08:32 |
Avingtrans - £9 million New Order and results: buy
Our June tip of the month Avingtrans (AVG) has announced a new £9 million order over 10 years from China. years the agreement will see Metalcraft, part of Avingtrans PLC's energy and medical division, produce high integrity cryostat components for Nuclear Magnetic Resonance systems (NMR). This is good news.
- By HotStockRockets |
- 2 October 2016, 08:27 |
Silver Falcon – Shocking “Fintech RTO” debacle: Case-study No 1
It’s no great surprise to me that Sub-Standard Shocker XI member, Silver Falcon (SILF) called off its potential RTO with Fintech business, Lime Holdings, on Friday but it’s still worth highlighting a couple of aspects of this disappointing affair.
- By Cynical Bear |
- 2 October 2016, 08:12 |
Notes from Underground: Sinko de Mayo
I see the nutters on Twitter going on about as the share price of some company or other that ShareProphets investigates continues to rise, we're obviously idiots who don't know how to do the only important thing in life - fill yer boots.
- By Pizza Hardman Darren Atwater |
- 2 October 2016, 08:11 |
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Tom Winnifrith Bearcast: Malcolm Stacey's maddest article ever - he is mad as a Cloudtag moron
Malcolm's article today, HERE, suggests that the men in flapping white coats will be coming for him soon. He is madder than a convention of morons at the Cloudtag (CTAG) AGM. But it is all symptomatic of late stage bull market self delusion. I discuss this phenomena and give explicit advice of how to protect your wealth ahead of the shit storm that is coming. The reference to safe spaces for dippy and pathetic millennials is HERE.
- By Tom Winnifrith |
- 1 October 2016, 08:22 |
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Pacific Tycoon, the ponzi scam most UK Financial services websites assisted, is collapsing
Pacific Tycoon spent a fortune promoting its ponzi scheme promising sky high returns on investing in shipping freight containers in Asia. Being a ponzi it needed fresh suckers to pay dividends to older investors and to allow those behind this con to steal vast amounts of money. We called this as a con years ago and received demands from Pacific that we withdraw our articles on these criminals. Natch we told Pacific to fuck off.
- By Tom Winnifrith |
- 1 October 2016, 08:21 |
Filthy Forty – Taihua Interims and two rather large RED FLAGs
Well, all of the remaining ShareProphets AIM-China Filthy Forty got their numbers out yesterday - with the exception, of course, of the now suspended MoneySwap (SWAP) and Asian Citrus (ACHL) whose auditor is taking a rather close look at the bank accounts. The ouzo will have to wait, but the pop-corn went down well anyway. Included in the last-minute Charlies was Taihua (TAIH) and a rather large looking Red Flag is to be found here. Let me explain….
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 1 October 2016, 08:20 |
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Gable - sneaks out last interims before administrators appointed, tries to polish a turd
At 2.30 PM on deadline day, Friday, disgraced insurance outfit Gable (GAH) published its results for the six months ended 30 June 2016 and they were true to recent form - that is to say total Turkish. William Dewsall, Chief Executive commenting on the results stated the horseshit spin, our ShareProphets translation is in bold.
- By Tom Winnifrith |
- 1 October 2016, 08:03 |
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Petropavlovsk Interims - buy
Half-year results from Petropavlovsk (POG) emphasise a return to profitability, though also reiterate that for the full year “expectations to be at the lower end of our original guidance of c.460,000-500,000oz” and net debt of $598 million.
- By Tom Winnifrith & Steve Moore |
- 1 October 2016, 07:54 |
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Tungsten still a stonking short
Tungsten Corporation (TUNG) shares have had a good run since July, rising over 50% to hit 70p this week. At today’s 67p the market cap is £86 million. That is way too high for a company forecast to lose £12-14 million on sales of £30 million in the year to April 2017.
- By Lucian Miers |
- 1 October 2016, 07:51 |
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The fundamental attraction of gold - look at US Government debt
You wonder why all sensible folks want some exposure to physical gold? It is simple. I bring you the explanation provided by John Embry a senior figure at the world's biggest precious metals investor Sprott. To quote Voltaire: “Paper money eventually returns to its intrinsic value. Zero.”
- By Tom Winnifrith |
- 1 October 2016, 07:47 |
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Boxhill Technologies: Interims out – no I-Spy certificate for me!
Following my recent I-Spy interims preview of Boxhill Technologies (BOX) HERE, interims were announced on Thursday, so it’s time to work out whether I managed to tot up 1,000 points and can apply to Big Chief I-Spy for my certificate.
- By Cynical Bear |
- 1 October 2016, 04:41 |
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ShareProphets readers tips for 2016 competition - end September update
Having asked for readers tips for 2016 for the amazing prize of lunch or dinner with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is a monthly update on performance (to be eligible needed to have selected a buy & sell pick and those to be listed on the LSE or on the AIM Casino)...
- By ShareProphets |
- 1 October 2016, 04:37 |
Worried About Those German Banks? Probably There's No Need.
Hello Share Spinners. Well, that was a dismal end to the week. All caused by problems with the German banks. It seems however fast the Footsie goes up, there is always another whammy waiting round the corner. But let’s not be too despondent. This could be another of those things the City does so well - the nine day wonder. Soon the German bank crisis will be forgotten and we should see our shares rising stoically once more.
- By Malcolm Stacey |
- 1 October 2016, 04:35 |
A hot share tip Friday at 2PM for just a fiver... and its not Deutsche Bank
Well as it happens Germany's largest bank is a stock where we have a clear view: SELL! It is in dire straights but its shares still look hugely overvalued. So that is a free tip from us: short Deutsche. But that uncertainty has created other opportunities in the market and we have one such opportunity for you coming up on Friday 30th September (tomorrow) at 2 PM sharp.
- By ShareProphets |
- 30 September 2016, 08:13 |
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Igas – dire interims, bondholders take box seat as covenant breach looms
Rarely does one find good news in results which are released at the last minute, and in the case of Igas the recent record of fairly prompt reporting suggested that leaving the interims to deadline day would be a bad omen. This morning’s numbers and, more to the point, update on the bond situation reads badly – for all the positive spin applied. The numbers aren’t good, a bond covenant breach is expected in the second half of next month and then there is the question of how long it may be before the cash simply runs out.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 30 September 2016, 07:49 |
Zamano – mobile network operator changes, again TIMBERRR!
Having earlier this year gone from “positive performance in revenue & profit” to group contribution margins “lower”, Zamano (ZMNO) stated in late August half-year results “we anticipate an improvement in operating performance during H2 2016 thanks to H1 advertising spend and continuing strong UK sales performance”. Now, it's updated that this anticipated improvement “will not be achieved”. And there’s worse...
- By Steve Moore |
- 30 September 2016, 07:41 |
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Tom Winnifrith Bearcast - Moron investors in the Cloudtag fraud feel on top of the world
I start with the woes of Deutsche Bank and Commerzbank. Then on to why dogs leave it to the last minute to report results. As such I look at Strat Aero (AERO), Vislink (VLK), IGAS (IGAS), and Wolf Minerals (WLFE). I touch on Inspirit (INSP) as it runs out of cash and is - I gather - not paying suppliers. I then look at the two frauds: Highlands Natural Resources (HNR) and Cloudtag (CTAG) where the morons are as happy today as the Quindell (QPP) Morons where when those shares hit 650p. How the morons laughed at the silly old bears as they told us that £20 was on the cards. But of course those backing the Cloudtag fraud insist that it will be different this time.
- By Tom Winnifrith |
- 30 September 2016, 04:51 |
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Vislink – half-year results, TIMBERRR!
A July profit warning meant results for the first half of 2016 from Vislink (VLK) were not going to be good but, on revenue 15% lower than in the corresponding 2015 period, at £22.6 million, a loss of £32.8 million!?! And there’s worse…
- By Steve Moore |
- 30 September 2016, 04:50 |
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Strat Aero Interims - it is bust, plain and simple
Lying to your investors is bad. I suppose committing fraud is even worse. But advisers without morals such as Nomad SP Angel and broker Beaufort Securities do not care about such matters as long as they get paid. But that may pose a problem as interims today from Strat Aero (AERO) show that it is completely bust. That SP Angel and Belfort will sign off on an RNS like this says everything you need to know about them. The only thing they should be signing is a resignation letter as Strat is bankrupt both morally and financially.
- By Tom Winnifrith, The Sheriff of AIM |
- 30 September 2016, 04:46 |