ShareProphets

Thursday 25 May 2017 The one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares


26 April 2017, 09:34 | By Nigel Somerville, the Deputy Sheriff of AIM |

Advanced Oncotherapy: looking at the Exec Chairman’s Record – part 4

We are nearly there. Hurrah! The OpenCorporates.com website lists 153 company appointments for a Michael Jeffrey Sinclair spanning some six pages. Today we move into page four to see how the rate of dissolutions looks.

26 April 2017, 09:33 | By Gary Newman |

Surprising lack of interest in Ariana

Given that the company is now producing gold, I’ve been somewhat surprised by the lacklustre response that the market has given Ariana Resources (AAU) since that news came.

26 April 2017, 09:25 | By Darren Atwater |

General Election Caption Contest Winner: Knock at your own risk

Yesterday, we asked you to caption the photo below highlighting why the IRA would like to see Labour win. The competition was keen, but we've selected a winner.

.

26 April 2017, 08:43 | By HotStockRockets |

Amryt Pharma - EB trial update

Amryt Pharma (AMYT) has announced that the first patient has now been enrolled in its phase three trial of AP101, a potential treatment for the rare, genetic skin disorder, Epidermolysis Bullosa - a market worth £1 billion.

26 April 2017, 08:19 | By Nigel Somerville, the Deputy Sheriff of AIM |

Advanced Oncotherapy draws £2m second tranche from Blackfinch, Bracknor converts another £200k

At no-one-is-watching o’clock last night (5.48 pm) AIM-listed Advanced Oncotherapy (AVO) slipped out an announcement that it had drawn the £2m second tranche of cash available under its one-year loan deal with Blackfinch. With my maths suggesting that the company was close to running on fumes that extra £2m to keep the show on the road pro tem will come in handy.

26 April 2017, 08:19 | By ShareProphets |

Sprott - why gold is going to carry on heading higher

The world's best known resource investors Sprott  says that its  investment thesis for gold is significantly long-term in scope.It explains clearly why recent gains will continue and that means you all need an exposure to the yellow metal. Over to Sprott:

.

26 April 2017, 08:19 | By Malcolm Stacey |

The Great Coffee Cup Outrage Could Be Cured by This British Firm

Hello Share Monkeys. Quite a few of my more moribund penny shares are in revival mode at the mo. Which is unusual. Because when the Footsie rises, investors are more likely to get income from more reliable outlets. Why risk the huge volatility of the cheaps when you can make money investing in companies with big cash piles and ever growing profits, i.e: most of the Footsie members?

25 April 2017, 12:08 | By ShareProphets |

TODAY: Patience, patience, patience and yet more patience - that is the key to making money from shares

Making money from shares is simple. Well it should be. Buy cheap. Hold. Hold. Hold. Hold, and finally sell when the shares have delivered you big gains. Where so many folks go wrong is getting impatient and not being prepared to hold, hold, hold. Let us tell you about Symphony Environmental (SYM) which we tipped at a 6.75p offer just over three years ago. It did nothing for ages....

.

25 April 2017, 12:07 | By Nigel Somerville, the Deputy Sheriff of AIM |

Advanced Oncotherapy – looking at the Exec Chairman’s record, Part 3

Phew! 153 company directorships to plough through from the career of AIM-listed Advanced Oncotherapy’s Executive Chairman. He sure has been a busy chap. Actually the number is dropping slightly as a few more double entries come up on the OpenCorporates.com website – just as well. Having looked through the first 30 entries on Sunday (29 after sifting out double entries) and the same again yesterday, we come to the next 30 from our search of the career of Dr Michael Jeffrey Sinclair.

25 April 2017, 12:07 | By Tom Winnifrith |

African Potash –PKF Littlejohn LLP hang your head in shame

On 12 April 2017, the fraud that is African Potash (AFPO) announced a change of auditors from RSM UK Audit LLP to PKF Littlejohn LLP. One can understand why RSM UK Audit LLP might be keen to cease its relationship with a company with the frankly appalling track record of African Potash but how desperate does PKF Littlejohn LLP look in taking on African Potash as an audit client?

25 April 2017, 12:07 | By Tom Winnifrith |

The Boy Scout Mugger Stuart Bromley does comedy gold as CIC Gold's London death rites read

What could possibly have gone wrong with Standard Listed CIC Gold (CICG). A worthless greenfield asset, no cash and the involvement of the boy scout mugger Stuart Bromley? With folks across the City chasing CIC for unpaid bills it appears that the comedy show is about to draw to a close. Well it has been fun while it lasted.

25 April 2017, 12:07 | By Nigel Somerville, the Deputy Sheriff of AIM |

Filthy Forty Taihua – shares fall after GM approves delisting, but massive sudden surge today

ShareProphets AIM-China Filthy Forty play Taihua (TAIH) announced last Friday that the EGM called to approve the company’s proposed delisting from the AIM Casino had passed the proposals with the requisite majority. The shares are expected to depart the world’s most successful (but perhaps not for Taihua) growth market first thing on 8 May. In the wake of the announcement – at 4.15pm last Friday, bordering on no-one-is-watching o’clock - the shares again nose-dived, registering a new low of 0.1p on the bid yesterday, but all of a sudden the stock is on the rampage this morning. What is going on?

25 April 2017, 11:56 | By Darren Atwater |

General Election Caption Content: Knock at your own risk if your leader is an IRA apologist

Seen on the streets this week...Leave your own caption in the comments below. Deadline is midnight Tuesday, 25 April.

.

25 April 2017, 11:30 | By Nigel Somerville, the Deputy Sheriff of AIM |

Advanced Oncotherapy – more spoofery as NED buys yet more shares

AIM-listed Advanced Oncotherapy (AVO) – teetering on the brink of having to call an EGM to reduce its nominal share capital under the terms of its death-spiral funding package with Bracknor – has announced yet another director share purchase, the fourth just this month (if we ignore the botched 7am RNS of 4 April). As ever, this is just a spoof in order to encourage more buying in the market so as to allow Bracknor to offload more of its death-spiral conversion shares as Advanced hopes and prays for the next £1.235 million tranche of funding before the coffers run dry.

25 April 2017, 10:50 | By Steve Moore |

Blancco Technology – “Q3 Trading Update, Cash Flow Review and Funding”. Uh oh…

An announcement from Blancco Technology Group (BLTG) entitled “Q3 Trading Update, Cash Flow Review and Funding”. Hmmm, I’d guess it ain’t gonna be positive…

25 April 2017, 08:42 | By Tom Winnifrith |

Hell's Teeth, does Peterhouse do any due diligence at all - meet the carbon spiv hooking up with African Potash?

As I flagged up over the weekend, in a desperate attempt to keep the fraud from becoming insolvent, African Potash (AFPO) has proposed a RTO of a company called Onshore Energy Limited, OEL. Lyin' Chris Cleverley Potash's boss is also a director and shareholder on OEL. But it gets worse. Much worse.

25 April 2017, 08:41 | By Tom Winnifrith & Steve Moore |

Stanley Gibbons – sells rare Indian stamps for record £500,000

Stanley Gibbons (SGI) has announced it “has sold one of the rarest pieces of Indian Philately to a private collector-investor in Australia for £500,000, the highest price ever paid for a single Indian philatelic item”.

25 April 2017, 08:36 | By Pizza Hardman Darren Atwater |

Silver Reaching a Major Inflection Point – Investors Beware!

The COT report reveals the large paper short and long positions in silver. Currently it appears to be indicating a small downtrend in the silver market. In this week's Palisade podcast David Morgan discusses how silver markets move and how they can be pushed to the downside once investors run low on cash, as banks will short the market at opportune moments.

.

25 April 2017, 08:16 | By Gary Newman |

Fishing Republic: Impressive growth but still looks expensive

Fishing Republic (FISH) is a company that I have been keeping a close eye on ever since it first listed on AIM back in June 2015 and, although I find it hard to see value at the current market cap, it is showing signs that it could grow into it.

25 April 2017, 08:05 | By Malcolm Stacey |

Fancy Supporting the Iron Lady of Switzerland? Have a Look at Glencore

Hello Share Gallumpers. One of my longtime shares is Glencore (GLEN). Hitherto, it’s been a disaster for me. Though a boost in mining share in recent times is turning the corner for me.

5 hours ago | By ShareProphets |

The May edition of the UK Investor Magazine is live - Tips, UK Investor Show photo feature, and the the end of the EU

The May edition of the UK Investor Show Magazine is live featuring three share tips from Gary Newman, the Greek meltown is worse than everyone thinks, and the EU is not fit for purpose plus a photofeature from the 2017 UK Investor Show.

.

4 days ago | By ShareProphets |

New Bulletin Board Moron of the Week Contest - sponsored by Quindell founder & fraudster Rob Terry

This week's sponsor, serial company founder Rob Terry, has been in the news this past week over a lawsuit brought by Aussie legal poltroons Slater & Gorden claiming to be deceived over the legal division that they bought from Quindell. Slater & Gordon will probably do just fine unless Quindell (QPP) or Watchstone (WTG) as it is called these days, points out ShareProphets sent S&G a docket of articles before the purchase went through. Anything to help the boys and girls at Quindell!

7 days ago | By Malcolm Stacey |

Introducing A Newly Listed Company which Is Making Piles of Cash

Hello Share Twiddlers. Continuing my theme that companies which build houses should do jolly well out of the various election promises to stimulate house building, I offer for your critical perusal another lot which services the building industry.

6 days ago | By Cynical Bear |

‘Kin ‘ell, Steve, you missed a trick or two, what are you playing at? Where’s the warm welcome back for L1 Capital?

I’ve been away for a few days so just catching up on matters and first things first, I need to pick up my normally excellent colleague, Steve Moore, on a couple of glaring ommissions in his piece on Kin Group (KIN) and its funding announcement earlier this week. It was rather rude after all to not give a warm welcome to an old friend.

7 days ago | By Tom Winnifrith |

The graph that makes the case for Not Voting at all - the three main parties are ALL deficit denying liars

The graph below is terrifying and makes a strong case for not voting at all in the General Election. It tracks the tax burden - the amounts the State takes from its citizens as a percentage of GDP. This is horrifying.

.

7 days ago | By Tom Winnifrith |

UK Oil & Gas - Steve Sanderson you are either a liar or a deluded fool or both

As we predicted here, the UK Oil & Gas (UKOG) placing to raise £6.5 million has finally limped over the line at 0.8p. Lagos Securities had tried to raise the cash at 1p but we outed them and the price had to be slashed. The shares were 1.4p before the roadshow started. So how would you describe a placing that has seen the market cap slashed from £36 million to £22 million pre-new money as the shares tumbled. Over to odious prig "little" Steve Sanderson.

6 days ago | By Steve Moore |

Revolution Bars – from ‘platform to be confident about our prospects’ to profit warning in less than 3 months

“Trading Update” announcement from Revolution Bars (RBG). With the shares having been falling from above 210p earlier this week, what the chances that it is positive news?...

6 days ago | By Cynical Bear |

MySQUAR: it’s all kicking off, let’s take a proper look

I feel partly to blame for the ongoing war between the bears and bulls on MySQUAR (MYSQ) as I started covering the company at the start of the year on this site with a piece that was largely a writing exercise to see if I could write 400 words without using the letter ‘e’ (HERE). So I thought I’d better give it a more considered view now as I do have a bit of relevant expertise.

6 days ago | By HotStockRockets |

ECR Minerals China subscription update - like pulling (Dragon's) Teeth but shares will zoom soon

The great £553,564 investment by Shenyang Xinliaoan Machinery Co Ltd into ECR Minerals (ECR) announced on 27 February grinds on.

6 days ago | By Steve Moore |

LightwaveRF – follows ramparoonie with half-year results showing continued cash burn

Commenting yesterday on the “Launch of Google Assistant voice control” ramparoonie (Oops) RNS announcement from LightwaveRF (LWRF), I suggested it clearly currently remains cash burn ahoy, with results for the six months ended 31st March 2017 following today

6 days ago | By Tom Winnifrith |

Union Jack Oil at 0.14p - worth up to 0.98p: SP Angel

SP Angel is houes broker to Union Jack Oil (UJO) so take its notes with a pinch of salt. Bur I rate analyst Zak "The Knife" Phillips highly and as such today's reiterated buy stance after the news from Wressle cannot be totally ignored. As for the target price! The Kinfe writes:

6 days ago | By ShareProphets |

Table of shorted AIM shares - week to 19/05/2017

From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2016 and thus far in 2017 (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...

5 days ago | By Tom Winnifrith |

Interquest - sell in the market: chairman Gary Ashworth acts like a prize tosser

Interquest (ITQ) has now announced that there is a formal offer at 42p per share in cash from an MBO team led by Gary Ashworth. That would be the same Ashworth who told us after the last profits warning that the future was bright and the shares were cheap at 52p.

5 days ago | By Tom Winnifrith & Steve Moore |

Zytronic – strong interims - lets bank our profits

Zytronic (ZYT) has announced results for its half year ended 31st March 2017 and that “the second half of the year has started well and is in line with expectations and on this basis we expect to make further progress in creating value for shareholders”.

4 days ago | By Lucian Miers |

MySQUAR, a total basket case. Sell at 5.1p

I wrote recently about AIM listed BNN Technology (BNN), a flaky and wildly over promoted China tech play, but having had a look at Burmese tech play MySQUAR (MYSQ), BNN looks a solid blue chip.

4 days ago | By Steve Moore |

InterQuest – an angry shareholder writes…

Having announced it is to make a 42p per share offer for InterQuest (ITQ) (Tom made his thoughts clear on the offer HERE) the following features the management buyout team’s (Gary Ashworth, Christopher Eldridge and David Bygrave, (‘Chisbridge’)’s) reasonings for the offer (in bold italics) and my responses following…

5 days ago | By Tom Winnifrith |

Investigative Journalism is NOT insider dealing - even our own house BBM Wildes should get that

Our in-house Bulletin Board Moron Wildes has his knickers in a twist claiming that our multiple scoops on the placing at UK Oil & Gas (UKOG) are in some way insider dealing and that the share price crash is down to us. Bollocks. I shall try to make this simple, so that even a simpleton can understand.

5 hours ago | By ShareProphets |

The May edition of the UK Investor Magazine is live - Tips, UK Investor Show photo feature, and the the end of the EU

The May edition of the UK Investor Show Magazine is live featuring three share tips from Gary Newman, the Greek meltown is worse than everyone thinks, and the EU is not fit for purpose plus a photofeature from the 2017 UK Investor Show.

.

5 hours ago | By Tom Winnifrith |

New Bulletin Board Moron of the week sponsored by Granny Snuffs & Wildes

The nauseating Mail on Sunday fawned upon Pippa Middleton and her ghastly family as they celebrated the "wedding of the Year"Bring on the revolution! But perhaps the real wedding of the year should be between our two very own in-house Bulletin Board Morons GrannySnuffs & Wildes who seem made for each other. can you find examples on the LSE Asylum, iii, ADVFN or twitter of comments more idiotic than those of our own dream team? If so post in the comments section below, the deadline is midnight Sunday 28th May.

.

1 day ago | By Tom Winnifrith |

Fruitcake backers Arron Banks & Jim Mellon plus AIM dog Manx Financial get Private Eye duffing up

Arron Banks is a big UKIP backer as is his pal Jim Mellon, although the old asset stripper of Uramin infamy is not actually allowed to vote in the UK as he lives offshore in the Isle of Man. Private Eye this week looks at how the two men have not exactly prospered by backing the underperforming, sub scale, IOM-based, AIM-listed, bank Manx Financial (MFX). It also questions whether Banks is as rich as he claims. Enjoy...

2 days ago | By Cynical Bear |

Echo Energy – Insane valuation; James Parsons is not worth £100m, he’s not a magician: SELL

My last piece rather naively thought that Echo Energy’s (ECHO) new institutional equity investor, Spartan Fund, or Pegasus Fund as it became, would want to put its funds in at a fair valuation and thought the share price would go down. I was wrong and must assume that it is all part of the connected group of institutions and individuals here that have led to an insane valuation that appears to indicate that the mere mention of James Parsons is worth £100 million. That is nonsense and this is a massive sell.

12 hours ago | By Nigel Somerville, the Deputy Sheriff of AIM |

SCANDAL: Redx Pharma – goes tits up & blames thieving scousers, just 3 months after raising £12m

It seems to be perfectly acceptable for companies on the Casino to complete fundraisings inadequate to see them solvent. Yesterday at 4.22pm shares in AIM-listed Redx Pharma (REDX) were suspended “pending an announcement” by AIM Regulation (the RNS following at 4.35pm – bit of a rush there fellas?) At no-one-is-watching o’clock (6.35pm: after-after-hours) the company announced that administrators had been appointed - just 3 months after the company had apparently raised £12 million in a placing and open offer. Coke and hookers all round for the Nomad and Brokers concerned. Stale bread and water for those sold this particular pup.

1 day ago | By ShareProphets |

10 Reasons why Gold really is going to head much higher - do not miss out

The world's best known resource group Sprott has published its monthly report and warns again that those with no gold exposure will lose out big time. Analyst Troy Reik writes:

.

1 day ago | By Tom Winnifrith |

Katoro Gold shares to more than double?

Katoro Gold (KAT) was once the joke stock Opera Investments which did appear "accident prone". But it has now had the gold assets of Kibo (KIBO) injected into it, done a fund raise, moved to the AIM Casino and is, apparently, a whole new beast. House broker Beaufort has published a detailed note explaining why the shares should soar from 5.25p to 11.7p. I should note that Kibo retains a 56% stake in Katoro and we own a few Kibo shares.

9 hours ago | By Steve Moore |

Petrofac – shares crash further on update on SFO investigation

An “Update on Serious Fraud Office Investigation and Board Change” announcement from Petrofac (PFC) sees the shares currently crashing further in response...

1 day ago | By Tom Winnifrith |

Strat Aero - announcing a contract worth £20,000 suggests sales pitiful - when's next rescue placing?

Strat Aero (AERO) the AIM casino listed company that under a former management team repeatedly lied to investors is still a joke. In January and February of this year it raised $1.23 million gross (call it $1.1 million net) promising that 2017 would be a turnaround year. One would hope so - in 2016 it lost c$3.5million. So how is it going? Not well I suggest, judging by a joke RNS today.

1 day ago | By Tom Winnifrith |

Take part in an up to £29m fund raise by FlowGroup via Primary Bid: Deadline 9 PM today!

This is a major fund raise by FlowGroup (FLOW). It has most of it in the bag and will raise up to £29 million. This is institutional territory but it is - very decently - letting in Private Punters via PrimaryBid with an offer announced at 5.12 PM today and which closes at 9 PM tonight.  The up to £4 million being raised is being done at 1p - the shares closed at 1.1p-1.15p. But this is not a party for spivs and flippers this is a proper City fundraise which FOR ONCE you can take part in - but hurry, the deadline is 9PM TONIGHT SIGN UP NOW HERE

1 day ago | By Tom Winnifrith |

Altyn - why should only institutions see the presentation? Here you go

I reckon that shares in gold miner Altyn (ALTN) are cheap as you can see HERE. Last week the company did a two day City roadshow (not raising cash) in which it gave a full presentation to fund managers. But why should the City boys & girls playing with other folks cash be the only ones to see the presentation? In that spirit...

2 days ago | By Malcolm Stacey |

Gushing On Two Fronts, this Scottish Oil Giant Is Rocking Through the Rye

Hello Share Crunchers. I hold stock in an awful lot of oil producers, perhaps too many. But one company which has never lit my fire is Cairn Energy (CNE). Maybe I should dip in, though.

11 hours ago | By Tom Winnifrith |

Waseem Shakoor explains all to Frontera owning morons once again...

The great bear raider Wassem Shakoor has termed Frontera (FRR) as one of the three most overvalued bits of crap on AIM. Another is MySquar (MYSQ) where Lucian Miers has just published a devestating expose HERE. Back to Frontera where Waseem has stuck it to the Bulletin Board Morons today. He writes:

2 days ago | By Gary Newman |

It's hard to see how BOS GLOBAL can justify its current market valuation!

There are plenty of companies on AIM where it is hard to see where the value is and why private investors are so keen to chuck their savings into the shares, and BOS GLOBAL Holdings (BOS) would certainly seem to fit the bill!

5 hours ago | By ShareProphets |

Not all our share tips give readers 12 day profits of 77% some take longer - catch next hot tip tomorrow for just £5 + the Falanx excitement and will we make another 100% on Obtala

Four times in the past three or four months we have advised our readers to bank big gains on shares we tipped - the one before the one before last was a 77% profit (offer to bid ) in just 12 days. But though we target quick gains, most tips take rather longer to make money for our readers. take Falanx (FLX) we tipped it last year at a 4.75p offer - it is a solid cashed up fast growing cyber security play. We like it so much we own a few shares too but won't be selling any of them till after our readers bank big gains. The shares are now 9.5p -10p! That is a potential 100% offer to bid profit!

13 hours ago | By HotStockRockets |

1Spatial – disappointing results (as expected), but more recent trading encourages: BUY

Results announced by 1Spatial (SPA) for its year ended 31st January 2017 are disappointing – though we previously stated they would be and note new management’s current year objective “to ensure that we generate cash and profitable adjusted EBITDA, as well as follow through on key strategic initiatives… Early trading in Q1 2018 has been strong”.

9 hours ago | By Tom Winnifrith |

Arian Silver: Pump & Dump, Mislead Investors, Executive Greed - why do I bother?

A chap for whom I have some time some of the time asked me why bother sticking it to Arian Silver (AGQ), a worthless piece of crap on AIM. Will it make any difference to the charade, to the game which sees userless tossers like Arian's CEO Jim Williams get ever richer, crony capitalists earn fat fees and investors get buggered again and again and again. No. My writings won't change that. And the chap is right in that it will just make a few more pathetic wretches who would rather lose money than accept the truth hate me. Yup. He is right.