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Microsaic suspended, running out of cash and probably fucked (by Brandon) but did it mislead investors?
On Monday of last week shares in Microsaic (MSYS), run by Gerry “the arse” Brandon whose fraudulent revenue recognition and breaches of AIM Rules had already seen Deepverge (DVRG) shares suspended and the company teetering on the brink, were suspended from AIM It could not get its 2022 accounts out on time. But did it mislead investors as is the wont of Brandon.- By Tom Winnifrith, the Sheriff of AIM |
- 8 July 2023, 12:45 |
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Wynnstay Group – interims fertiliser price-impacted but second half outlook “encouraging”, Buy
Agricultural products group Wynnstay (WYN) has announced results for its half year ended 30th April 2023 and that “the overall outlook for the group's performance in the second half is encouraging, with the arable sector looking strong”.- By HotStockRockets |
- 8 July 2023, 09:21 |
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It arrived last night: The sort of charming email I get from trolls almost every week of the year
Normally I do nothing other than delete such emails and try to forget about such unpleasant harassment but the one below which arrived last night is so vile that it is now with the North Wales Police. After a number of incidents in recent years the local fuzz understand that some of the crooks I expose or shareholders in frauds I expose react by trying to threaten me or just harass me.- By Tom Winnifrith |
- 8 July 2023, 09:09 |
Do You Fancy some Really Peculiar Tips for Making Money in our Golden Game?
Hello Share Misers. For weeks now I’ve been suggesting shares will burst through the damn and soar. Sadly, some folks are beginning to disbelieve me. But I’ve been writing about shares before most of my fellow share pundits were born. So I ought to know by now how the market works. But while we wait, here are some bizarre tips you might be brave enough to try…- By Malcolm Stacey |
- 8 July 2023, 08:59 |
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Tom Winnifrith: Are you coming to Sharestock this September 23?
I am writing as ShareStock is now 78 days away but already more than two thirds of the seats have been reserved for September 23. There have been a few more changes since last year…- By Tom Winnifrith |
- 7 July 2023, 16:05 |
Quadrise – “pleased to announce the successful results of the placing”. How ‘successful’ is it really though?
Emulsion technology, fuels and biofuels company Quadrise (QED) states that it “is pleased to announce the successful results of the placing… and to confirm the launch of the open offer”. Its “pleased” meaning that this is good news?- By Steve Moore |
- 7 July 2023, 16:05 |
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Tom Winnifrith Bearcast: Do you feel lucky punk (Gary Newman)?
In today's bearcast I, again, discuss falling UK house prices as we head into a recession. Then it is onto Procook (PROC), Vast Resources (VAST), Eurasia Mining (EUA), Quadrise (QED) and Audioboom (BOOM) wondering if its fanboy Gary still feels lucky ahead of next week?- By Tom Winnifrith |
- 7 July 2023, 15:44 |
Aptamer – “after a difficult 12 months… pleased to be able to report four new contacts”. Er, isn’t its position still extremely ‘difficult’?!
Optimer binders development group Aptamer (APTA) states that “after a difficult 12 months, the company is pleased to be able to report four new contacts signed in the last three weeks… an important early contribution towards reaching the company's revenue targets for the year ending 30 June 2024”. However, revenue is, of course, vanity and how important are these contracts?- By Steve Moore |
- 7 July 2023, 14:30 |
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Vast Resources: bailout placing, still technically insolvent, no news from Zim ( cheque not even in post yet)
What’s not to like? It was back on February 6 that Vast Resources (VAST) said that it had received a Court Order that it could get its mitts on a parcel of rough diamonds stashed in the Central Bank of Zimbabwe and that sent the shares soaring to 0.7p.- By Tom Winnifrith |
- 7 July 2023, 13:25 |
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Procook founder and CEO walks just 20 months after IPO – anyone not smell a rat in the kitchen?
When you float a business on the AIM Casino your Nomad will stress to you that the IPO is not the end of the journey but the start and as CEO you are there to grow value over many years for those backing you with their cash. And that brings us to ProCook (PROC) where founder shareholders, notably CEO Daniel O’Neill made £27.4 million selling shares to poor dumb fund managers in November 2021 as the company joined the casino. Today O’Neill has stepped down.- By Tom Winnifrith, the Sheriff of AIM |
- 7 July 2023, 11:32 |
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DS Smith – full-year results, still a value and income Buy
Packaging company DS Smith (SMDS) has announced results for its year ended 30th April 2023 and that it has confidence ahead. Is there still good upside from a current around 280p share price then?
- By Tom Winnifrith & Steve Moore |
- 7 July 2023, 10:08 |
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BREAKING: The BBC fesses up to misleading over Scotgold pump and dump now AIM Regulation needs to step in
I have noted before how one valiant reader complained to the wretched BBC about its coverage of Scotgold (SGZ) earlier this year ( January 30) – reports which were clearly false caused the share price to spike to 70p allowing a bailout placing at just 40p to go ahead. Amazingly the BBC has now formally accepted that it did mislead its viewers, thus costing many of them a good few quid. But it gets worse.- By Tom Winnifrith, the Sheriff of AIM |
- 7 July 2023, 09:55 |
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I worry more about the upcoming global corporate earnings season than the latest on house prices
Have you enjoyed the first week of July? From an investment perspective it has been a little volatile, but we have all seen it before (and frankly a lot worse). No doubt the “sell in May and go away” fraternity are feeling very excited (even if the average global large cap investor had a pretty good June and, overall, first half of 2023 period). Clearly one dodgy 2023 performer is the UK housing market.- By Chris Bailey |
- 7 July 2023, 09:31 |
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Ingenta – positive trading and contracts news, Buy
Provider of software and services to the publishing industry, Ingenta (ING) has announced that it expects results “comfortably in line with market expectations”, along with two contract wins which “have secured a significant proportion of the group's new sales targets for 2023”. So what of the shares currently up more than 15% at 106.5p in response?- By HotStockRockets |
- 7 July 2023, 08:33 |
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Go woke go broke - #BoycottGrind
I am actually a loyal customer of Grind, or rather the Mrs is. She buys its eco-friendly coffee Nespresso style pods for the posh coffeemaker I was given by my co-workers on the occasion of my 40th birthday. However, that was up until yesterday, we will now #BoycottGrind and so will many others as a company that is not in good financial shape commits woke corporate hara-kiri.- By Tom Winnifrith |
- 7 July 2023, 08:23 |
Deltex Medical – “exploring an equity fundraise to provide the necessary working capital”. Er, it means to keep the lights on!
Describing itself as “the global leader in oesophageal Doppler monitoring”, Deltex Medical Group (DEMG) has issued an update including that its “next generation TrueVue monitor has completed all required internal and external testing, with the finalisation of the technical file expected imminently to enable launch of the product” and that it “is currently exploring an equity fundraise to provide the necessary working capital”. So what’s the overall outlook from here?- By Steve Moore |
- 6 July 2023, 15:57 |
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Tom Winnifrith Bearcast - daring to disagree with Chris "three brains" Bailey
I start with some macro matters, base rates, house prices, the madness of Malcolm in buying housebuilders, etc. Then it is on to Currys (CURY) where Chris is wrong about the shares and where my experience as a customer is not good. Then its cash crisis ahoy at Colin Bird's Bezant Resources (BZT) and finally when is it a good time to stand down as CEO and what can it mean, I refer to FinnCrap (FCAP) and to Pod Point (PODP) PS I reckon that FinnCap is due another profits warning PDQ as is its proposed merger partner Cenkos (CNKS).- By Tom Winnifrith |
- 6 July 2023, 15:52 |
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TPXimpact – full-year results, “a solid foundation for improved business performance”?
Digital transformation company TPXimpact Holdings (TPX) has announced results for its year ended 31st March 2023, with its first two “Highlights”being “Performance in line with market consensus” and “Strong momentum in new orders with £115m won in the year, including £36m in Q4”. So what of a current share price response down to 34.5p, a £31.8 million market cap?- By Steve Moore |
- 6 July 2023, 14:51 |
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Evrima – something it forgot to mention in its audited financial statements Aquis release, can you guess what?
I flagged up last year the utterly dubious and shocking related party loans at Aquis listed investment company Evrima (EVA). On June 26 this year the company posted a RNS results statement on Aquis. But there was something missing. Can you guess what?- By Tom Winnifrith |
- 6 July 2023, 12:28 |
Video: A Second, More Powerful Wave of Inflation is Coming
Financier and mining entrepreneur Simon Hunt has a slew of dire warnings on everything from inflation to what may happen in Ukraine- By Tom Winnifrith |
- 6 July 2023, 11:37 |