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Nanoco – claims “commercial, technological and organisational” milestone achievements, but financials?
An announcement commences “Nanoco Group plc (NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, provides the following trading update ahead of its preliminary results for the year ended 31 July 2016. During the year, the company made substantial progress and achieved a significant number of commercial, technological and organisational milestones”. Hmmm, I note no mention of ‘financial’, wonder why? ...
- By Steve Moore |
- 9 August 2016, 01:33 |
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Sound Energy will come back down to earth with a painful bump
One of the biggest red flags of a company being ridiculously over-priced is its directors selling shares, and that certainly looks to be the case with Sound Energy (SOU) following its after hours RNS!
- By Gary Newman |
- 9 August 2016, 01:30 |
Gulf Marine Services – do contract win & contract extension signal turnaround?
Shares in Gulf Marine Services (GMS) have initially reacted modestly positively to an announcement of a contract win and contract extension – with CEO Duncan Anderson emphasising the developments reflect “our strong client relationships, leading operational expertise and flexibility”. The following reviews – with I having previously concluded sceptically here...
- By Steve Moore |
- 9 August 2016, 01:16 |
War is No Game - But This One Is, and You Could Win. At Least in the Short Term.
Hello Share Swiggers. Games Workshop (GAW) make tiny figures for the war gaming industry. The name Warhammer might be familiar to you. The very imaginative little warriors can be found in specialist shops in many a high street. The firm also makes Hobbit figures. To say that the Hobbit is popular with our young folk is an understatement.
- By Malcolm Stacey |
- 9 August 2016, 01:14 |
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More PR horseshit from CloudTag - next placing due when?
Cloudtag (CTAG) the AIM listed jam tomorrow producer staged its last placing on July 14 but will again have negative net current assets by September 1 and is thus serving up more ramptastic PR bollocks to its moronic shareholder base to ramp the stock ahead of the next confetti issue. Today's "Binding Heads of Terms Signed with US Partner" RNS puffery was a classic.
- By Tom Winnifrith |
- 8 August 2016, 08:04 |
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Fastjet - Private investors refuse to take part in overpriced offer, trading likely remains grim
Fastjet has this afternoon announced the result of its general meeting and capital raising. Not surprisingly, given the support of the institutions involved, all resolutions were passed.
- By Graham Neary |
- 8 August 2016, 07:55 |
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6% of Glenwick not controlled by US crook - Browntown gets in touch and explains itself
Earlier today I asked the question whether Browntown Holdings which owns 6% of Glenwick PLC (GWIK) was the same as Browntown Holdings LLC which is run by a crook. I asked in public HERE as the company's new NED and broker refused to answer my emailed question - and still have not. Luckily the real Browntown has got in touch and said more than it needs to.
- By Tom Winnifrith |
- 8 August 2016, 07:36 |
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Tom Winnifrith #InternationalCatDay Bearcast: at war with inbred Isle of Wighters, thieving lazy Scousers and Glenwick owning morons
Who described me as evil today? A lazy thieving welfare scrounger ( i.e.a Scouser), an inbred chav with a low IQ (ie someone from the Isle of Wight) or the dumbest of them all, a Glenwick (GWIK) shareholder? I pissed off scousers on an industrial scale HERE,, the inbreds HERE and the uber morons on the Glenwick shareholder list HERE. I discuss this all in today's podcast. Then it is onto IGAS and the other UK shale plays which are all racing ahead today. Then to TrakM8 (TRAK) and Aureus (AUE) before my morbidly obese three legged cat Oakley intervenes in a very audible manner to remind us all of what really matters today.
- By Tom Winnifrith |
- 8 August 2016, 06:51 |
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Utilitywise – wariness vindicated as company updates on “weaker overall performance than we would have liked”
“Utilitywise (UTW), the leading independent utility cost management consultancy, today provides an update on trading for the year ended 31 July 2016. The group expects to report significant revenue growth in the period with revenues of at least £82m (£69.1m 2015)”. Sounds promising, so why are the shares currently a further 6.5% lower, heading towards 133p? ...
- By Steve Moore |
- 8 August 2016, 04:55 |
666, Bitcoin crash, if you are first it's not panic
Bloomberg reported late last year that China had founded a working group to explore the use and possible partial adaption of the supranational Special Drawing Rights currency, in a clear sign that it wants a new global currency and that it wants the dollar removed and replaced in its role as facilitating global commerce and it now looks that we are very close to the first SDR issuance in the private sector since the 1980s. The International Monetary Fund itself published a paper discussing the use of private sector SDRs in July and noises out of China’s central bank imply that an international development organisation will soon issue SDR bonds in China, according to Chinese media group Caixin.
- By David Scott |
- 8 August 2016, 04:39 |
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Update: Glenwick - now is this a California crook I see with a stake? No!
Welcome to your new job as a NED at soon to be suspended AIM casino dog Glenwick (GWIK), Amanda Van Dyke would you care to discuss your new 6% shareholder? Er why not? A tad embarrassing per chance?
- By Tom Winnifrith, The Sheriff of AIM |
- 8 August 2016, 04:31 |
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IGAS - irrational exhuberance, just fracking nonsense
Shares in overindebted AIM-listed Igas Energy (IGAS) have shot out of the traps this morning on news that Theresa May is in favour of fracking and wants to bribe the locals into letting it happen. There is also a technical matter announced last week that Igas underwent a capital reduction which apparently strengthens the balance sheet......if only. The share price reaction has seen the shares race ahead by as much at 47% (30% last seen) but has anything changed? Er....
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 8 August 2016, 02:55 |
Worthington Bulletin Board Moron of the Week Contest Result
Apologies for the delay in announcing the winner of the last contest of two weeks ago. The beauty of this winner from among all the entries you can see HERE is that he demonstrates a general point about the delusions of the common or garden lesser spotted Moron.
- By Tom Winnifrith |
- 8 August 2016, 02:49 |
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Blenheim - more ramptastic horseshit news: when is the placing?
Wow! Blenheim Natural Resources (BNR) just got an option to buy 7.5% of a great company for just £1. And the company has an amazing gold and copper asset in Bongo Bongo land. It sounds almost too good to be true...precisely. Caveat emptor this looks like a pre placing ramptastic load of horseshit. So lets investigate and "fiske" the news.
Blenheim says that it:
- By Tom Winnifrith, The Sheriff of AIM |
- 8 August 2016, 02:12 |
What do Pokemon Players and Bulletin Board Morons have in common?
I think that the answer is that however many times they have facts pointed out to them and are warned of the consequences of acting like imbeciles, the desire to self destruct is almost unstoppable. The picture below demonstrates that point.
- By Tom Winnifrith |
- 8 August 2016, 02:10 |
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Glenwick - AIM cronyism that stinks as suspension looms
I am afraid that this involves Amanda Van Dyke, formerly of this parish, but the news from piece of Turkish Glenwick (GWIK) stinks of AIM cronyism and it is bad news all round for shareholders as suspension looms.
- By Tom Winnifrith, The Sheriff of AIM |
- 8 August 2016, 01:22 |
Hoots Mon, This Scottish Oil Producer Could be Worth a (Highland) Fling
Hello Share Swappers. The price of crude oil bested $50 dollars a barrel a few months ago. Consequently big oil producers like Royal Dutch Shell (RDSA) started a long-awaited rally. Then the oil price dipped back to around $40 dollars. So it looks as though oil prices are not recovering at all. Except that the last time I looked the oil price was over $44 dollars a barrel, so it’s on the up again.
- By Malcolm Stacey |
- 8 August 2016, 00:48 |
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Tom Winnifrith Bearcast: I don't believe you & Meanwhile M&G does irony
In this podcast I look at M&G and Petropavlovsk (POG), I look at Strat Aero (AERO) where I shall be upping the ante next week. And then I look at what cutting base rates means and why the economic policies of post 2008 Britain have not worked and will end in tears.
- By Tom Winnifrith |
- 7 August 2016, 11:45 |
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Conroy Gold & Natural Resources - size does matter but you really need to feel the width don't you?
Earlier today I flagged up the problems Strat Aero (AERO) has with AIM Rule 11. A trusted correspondent asks does Conroy Gold (CGNR) have a similar issue?
- By Tom Winnifrith |
- 7 August 2016, 10:59 |
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Buy Concepta at 12p and at up to 17.5p - target to sell 28p
Investment Case: The AIM admission of Concepta (CPT) a couple of weeks ago was through a reverse takeover of shellmeister (Adam Reynolds)-saved Frontier Resources International (FRI). We backed Reynolds when he became involved in Frontier, but despite his track-record, then was clearly somewhat speculative as we awaited a deal to be delivered. Now it has and it looks like Reynolds has delivered another promising one…
- By Tom Winnifrith & Steve Moore |
- 7 August 2016, 10:45 |