premium content
Restaurant Group – full-year results, how “robust” was the trading performance and how “encouraging” is it now?
Wagamama, Brunning & Price, Frankie & Benny's and more restaurants and pubs company, Restaurant Group (RTN) has announced results for its year ended 1st January 2023 which it argues are “a robust trading performance” and also emphasises “a very encouraging start to the trading year”. So what of a current share price response to around 39p, down approx. 14%?- By Steve Moore |
- 8 March 2023, 15:23 |
premium content
PWC and two partners fined by the FRC over Babcock howlers but Boatman Capital says its just not enough
And Boatman, which exposed the accounting howlers at Babcock (BAB) in its March 31 2017 and 2018 accounts is dead right. The fines and censures handed out today will deter no accountant at all from enabling fraud- By Tom Winnifrith |
- 8 March 2023, 15:02 |
premium content
In The Style Group – another duff IPO from 2021 but an £11.7 million plus net gain for its founder
Yesterday, In the Style (ITS) announced the completion of its strategic review. In its own words “In The Style is a pure-play e-commerce apparel brand with a loyal, growing customer base of women predominately aged between 16 and 35.”- By Tom Winnifrith |
- 8 March 2023, 13:58 |
premium content
Versarien and its 130 claimed patents and trademarks part 2
Conflating the number of patents and trademarks is a bit like myself conflating the number of times I have drunk ouzo and the number of times Cheryl Cole has seduced me. They are both pleasurable just as patents and trademarks are both IP but they are different things. It is not common for people to act in both disciplines; either in respect of IP or pleasure.- By Tom Winnifrith, the Sheriff of AIM |
- 8 March 2023, 13:49 |
premium content
Despite the share price collapse, In The Style still trades at a 60% premium to real value - sell/avoid
If I tried to sell you a £20 note for £32 you would rightly tell me where to go, but strangely people seem happy to pretty much be doing exactly that at the moment when they buy shares in In The Style Group (ITS)!- By Gary Newman |
- 8 March 2023, 13:41 |
premium content
I like chocolate, but as for Hotel Chocolat shares…
It has been a busy morning, and whilst I could easily talk about the exciting world of clay bricks at Ibstock (IBST) or the (smart in my opinion) decision by Breedon Group (BREE) to exit AIM and go to the Main Market, I am going to talk about the world of chocolate and Hotel Chocolat (HOTC).- By Chris Bailey |
- 8 March 2023, 13:37 |
Bulletin Board Moron of the week squire0077 now jokes about Tom Winnifrith being shot
I flagged up this impoverished long and strong of Versarien (VRS) poltroon the other day HERE - he has altered his posting name by one digit but it is the same idiot.- By Tom Winnifrith, the Sheriff of AIM |
- 8 March 2023, 13:33 |
Netcall – interims, how much to pay for ‘superior growth’?
Previously writing on automation and customer engagement software company Netcall (NET), on results in October I questioned are the ‘growth opportunities’ sufficient?. What now on results for its half-year ended 31st December 2022 which emphasise “accelerated progress in annual contract value, supporting strong forward momentum”?
- By Steve Moore |
- 8 March 2023, 11:58 |
premium content
Pete Brailey warns mug punters about Pantheon again
He called this as a slam dunk short at 122p on September 10. Shares in Pantheon Resources (PANR) are now 26p. So where next?- By Tom Winnifrith |
- 8 March 2023, 09:08 |
Ariana – Following Friday’s Intra-Day Tavsan Bad News, An Update On Venus
AIM-listed Gold producer in Turkey, Ariana Resources (AAU), had a torrid time in the market yesterday, following bad news on its Tavsan mine last Friday. This morning we got an update on Venus Minerals, which has been awaiting a stock market flotation. Was that news any better?- By Nigel Somerville |
- 8 March 2023, 08:12 |
Map Firm could be a Treasure for Investors as Share Price Doesn't Yet Reflect a Possible Gold Future
Hello Share Feeders. Rather down the list of companies I’ve enthusiastically invested in and then lost interest in is a mapping firm. 1Spatial (SPA) has cost me a bit of money over a longish period. But now it’s showing, albeit slow, signs of a recovery. And I’m not surprised for these reasons.- By Malcolm Stacey |
- 8 March 2023, 08:10 |
premium content
Buy Supermarket Income REIT
Wanting some secure income with some future upside potential? How about inflation-linked, long income from grocery property? This and a share price currently down below 90p suggest to us that shares in Supermarket Income REIT (SUPR) are a Buy.- By Tom Winnifrith & Steve Moore |
- 7 March 2023, 15:55 |
premium content
Tom Winnifrith Bearcast: Victoria Oil & Gas, the Foo-man, and Administration
Young Steve is not well so it really is just me holding the fort on a day when childcare and the Young Mum's Group curtail my own hours. Notwithstanding that I bring you thoughts on the late Victoria Oil & Gas (VOG), Revolution Beauty (REVB) and Boohoo.com (BOO), Genflow Biosciences (GENF), Wood Group (WG.) and Pantheon Resources (PANR)- By Tom Winnifrith |
- 7 March 2023, 15:44 |
premium content
Canadian Overseas Petroleum – more death spiral shares vicar?
The real risks are that Canadian Overseas Petroleum (COPL) either cannot secure additional; finance within the next five weeks and so goes bust or that the owners of $42 million of senior debt get cold feet, call in their loans and the company goes bust. That would shaft 100% anyone daft enough to own the shares but also the providers off all the convertible loan notes, death spiral providers.- By Tom Winnifrith |
- 7 March 2023, 14:31 |
premium content
Bluebird Merchant Ventures – equity raise at 2p, but a clearer path ahead: STRONG BUY
Bluebird Merchant Ventures (BMV) has announced that it has raised £1.215 million at 2p per share “to fully fund proof-of-concept production at its Kochang gold and silver mine in South Korea, expand the in-country team to accelerate developments at both of its mines, and for general working capital”. With the equity raise shares also with 3 year warrants at 3.5p and the shares at 2.15p before this latest, is it good news?- By Hotstockrockets |
- 7 March 2023, 13:24 |
premium content
BREAKING: Versarien and the 130 claimed patents Part 1
In the abjectly bad results for the 18 months to 30th September one of the proud boasts of loathsome and porcine CEO Neill Ricketts was "We have secured IP with over 130 patents and trademarks." I have now engaged with a specialist IP lawyer to examine that claim. This may be a long series, but here is an appetizer....- By Tom Winnifrith, the Sheriff of AIM |
- 7 March 2023, 12:35 |
premium content
What’s Argo Blockchain hiding in its latest monthly update?
At the start, the February update from Argo Blockchain (ARB) looks like all the other monthly updates up until December. It gives the number of bitcoin mined, an excuse for why it is a piss poor number and then the number of bitcoin equivalent held at the period end. And then….- By Tom Winnifrith |
- 7 March 2023, 12:32 |
premium content
Cizzle Biotechnology – what looks like repellent corporate greed is really just bad timing
The share price of Cizzle Biotechnology (CIZ) at the close yesterday was 4.55p. The shares have plunged today to 3.75p after the publication of a share option scheme which, superficially, looks like obscene boardroom greed and a total piss take. Far be it from me to defend small (£13 million) biotech plays but for once I shall.- By Tom Winnifrith |
- 7 March 2023, 12:12 |
premium content
In The Style – agrees to sell operating business for £1.2m, failed to fool us but was it fooling itself or trying to fool everyone else to right near this ending?
Still describing itself as “disruptive and inclusive digital womenswear fashion brand”, In The Style Group (ITS) has followed a January trading update, before which the shares were above 11p meaning a market cap of above £5.8 million and which included from CEO Adam Frisby “I remain absolutely confident in the fundamental strengths of the In The Style brand as well as our differentiated model”, and a December strategic review announcement with the shares above 13p and which included “the current market capitalisation of the company does not properly reflect the underlying growth potential”, with an announcement including an agreement to sell its operating business for £1.2 million! “Disruptive”, hey?!- By Steve Moore |
- 7 March 2023, 12:05 |
premium content
There will be another treat later today for this Versarien shareholder on the ADVFN Asylum: meet impoverished moron squire0076.
Old squire0076 has been long and strong all the way down from almost two quid to today’s 5.15p. The bad news for him and other bulls in the last redoubt at Versarien (VRS) is that I have yet another expose coming later today, the start of a new series. But squire does not care, this is his analysis of the situation yesterday:- By Tom Winnifrith, the Sheriff of AIM |
- 7 March 2023, 11:47 |