ShareProphets

Friday 24 March 2017 The one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares


22 April 2016, 09:33 | By Tom Winnifrith, The Sheriff of AIM |

African Potash, No No No you are lying bastards

I do not use the world liar lightly but today's statement from African Potash (AFPO) shows that the company are lying bastards and anyone holding the shares is quite simply delusional. How has the Nomad signed off on blatant lies? Why has it not quit? Is it acceptable to tell outright lies on AIM these days?

22 April 2016, 08:13 | By Steve Moore |

Lakehouse – following EGM climbdown, CEO to now walk

Having announced an EGM climbdown earlier this week, asset and energy support services company Lakehouse (LAKE) has informed that CEO Stuart Black has now, in line with his contractual obligations, provided six months' notice to resign as CEO. Perhaps not a surprise with the EGM requisitioners having stated they did “not believe that the board has a firm grip on the company and its prospects”

22 April 2016, 08:10 | By Malcolm Stacey |

Look to the Sky for a a Share Worth Watching.

Hello Share Badgers. I like tv companies these days because the army of couch potatoes is on the march. It seems to me that many people are becoming addicted to the box in the corner and it is getting worse.You only have to trawl through the huge list of British channels now on offer to realise that the national appetite for rubbish is amazingly strong.

21 April 2016, 16:19 | By Tom Winnifrith |

Tom Winnifrith Bearcast: The London Stockmarket is rigged & devoid of moral compass: ref Falcon & Greka

The market is bent and no-one cares. Well I do and will be raising a number of issues at the AGM of the London Stock Exchange next week and hope you will join myself and Lucian there. In this podcast I cover moral choices about who you do business with and some nasty shocks in store for certain folks at www.UKInvestorshow.com then look at how markets are rigged and bent, leaving all involved just fealing sordid. I look at both Greka Drilling (GDL) and Falcon Acquisitions (FAL) as case studies.

.

21 April 2016, 16:15 | By Tom Winnifrith |

Jim Mellon & the EU: Piss off but we'll have your cash

My old pal Jim Mellon is an ardent Europsceptic who campaigns for Brexit although, as a resident of the Isle of Man, he cannot actually vote himself in the great referendum. But all power to his elbow and I am sure that his offshore donations will be put to good use. But there is surely some irony in today's announcement from SalvaRx (SALV) where Jim is the largest shareholder and chairman.

.

21 April 2016, 14:14 | By Lucian Miers |

Watchstone Group, Thoughts on a Daft Proposal from Edi Truell’s Tantalum Corporation

I was amused to see my suspicions confirmed today by the Telegraph (TW Note only 24 hours after me in bearcast) that the “draft proposal” received by Watchstone Group PLC (WTG) did indeed emanate from Edi Truell and Tantalum, his telematics vehicle. I shorted some Watchstone at 230p as, all things being equal, the shares should revert to where they were before the announcement once it is confirmed that the blundering Truell has nothing to offer.

21 April 2016, 13:20 | By Tom Winnifrith |

Tern broker buy note, I don't agree but it will annoy Nigel

I really am not sure that I believe a word of it or even understand half of it but in the interests of balance here is a note out today from the house broker to Tern (TERN), Peterhouse. The house broker is, shall we say, not always regarded as impartial. But at least its enthusiasm will annoy Nigel Somerville.

21 April 2016, 11:59 | By Steve Moore |

Torotrak – “Trading Statement” announcement is actually ‘commercialisation delay’

Emissions reduction and fuel efficiency technology company Torotrak (TRK) has released a “Trading Statement” commencing that “the group has made good progress in executing the three year strategy to commercialise its technologies… During the last 12 months there has been a significant increase in interest from potential licensees and OEM customers in gaining access to the group's KERS technology in off-highway and V-Charge in passenger cars”. The shares are though currently more than 6.5% lower, at 5p, in response. Hmmm…

21 April 2016, 11:49 | By Tom Winnifrith, The Sheriff of AIM |

Reader Poll: Will Tom Winnifrith get into Stock Exchange AGM next week & if not why?

Tom has been assured by the London Stock Exchange that a share certificate and a passport will get him into the LSE AGM this year. But the same folks lied to him in 2015 so will he get in and if not why not? Vote now in our reader poll:

21 April 2016, 11:45 | By HotStockRockets |

Jubilee Platinum Operations update - buy

Jubilee Platinum (JLP) has announced “increased throughput capacity together with operational control of the ASA project” and updated on “satisfactory” progress across its chrome processing development and operations.

21 April 2016, 10:59 | By Tom Winnifrith, The Sheriff of AIM |

Want to join Tom Winnifrith & Lucian Miers as we storm London Stock Exchange AGM 27 April?

The complacent and overpaid useless bastards who run the London Stock Exchange (LSE) hold an AGM at the Bankers Hall on Cornhill in the City at 10 AM on 27 April. I shall be there with a share certificate and passport and so cannot be denied access. Last year the press office lied to me and blocked my entry.

21 April 2016, 10:09 | By Tom Winnifrith & Steve Moore |

Petropavlovsk - very good news from IRC - BUY (target 19p)

Petropavlovsk(POG) has highlighted an announcement from Hong Kong-listed associate company IRC that waivers in respect of IRC's project finance facility with ICBC have been conditionally granted – including for obligations for Petropavlovsk to comply with certain financial covenants.

21 April 2016, 08:16 | By Tom Winnifrith, The Sheriff of AIM |

Avanti Communications - a new way to hit forecasts: Bongo Bongo land accounting

You were probably wondering what deal Avanti Communications (AVN) was going to do this year to increase its sales after last year's creation of revenue when it was the only person paying money - the deal the FRC is looking at HERE. And you were also wondering how it was going to raise some cash. Natch it would not be by actually selling oodles more capacity on its satellites would it?

21 April 2016, 08:15 | By Gary Newman |

Ophir Energy offers good value and is cash rich

Currently I am wary of a lot of oil and gas producers, given some of the recent rises that we’ve seen, but there are still a few out there that seem to offer decent value.

21 April 2016, 08:13 | By Malcolm Stacey |

Royal Mail Could Deliver, Thanks to Automation and the On-line Shopping Bug.

Hello Share Springers. I sold my shares in Royal Mail (RMG) ages ago, but my wife hung onto hers. I think so anyway, as I only usually look at my own portfolio. The reason I sold was because I feared competition from a hoard of other companies which seemed happy to cash in on a booming parcel trade. Obviously, the surge in internet shopping is making that little market much more attractive.

20 April 2016, 15:46 | By Tom Winnifrith, The Sheriff of AIM |

Worthington Acid Trip - you just could not make this up - who goes bust first in the Scandi threesome?

Did someone drop some acid into my milk just now because I really feel that I'm on a quite amazing trip. Aceeeeeeed! Its Worthington (WRN) panto time.

20 April 2016, 15:31 | By Tom Winnifrith & Steve Moore |

Action Hotels 2015 Results - Buy

Action Hotels (AHCG) has announced results for the 2015 calendar year – with it“pleased” with “another year of growth… as we continue to execute and deliver our pipeline of three and four star hotels across the Gulf Cooperation Council and Australia into our profitable operating portfolio”.

20 April 2016, 15:06 | By Tom Winnifrith |

Tom Winnifrith Bearcast 20 April - Dealing with Oakley's latest deposit

You may say that Oakley's latest deposit and Teather's Financial (TEA) have a lot in common. I cover both in this podcast apologising and dishing out blame for the latter at least. I also cover 88 Energy (88E) and Great Western Mining (GWMO) which is also a total piece of Turkish. I look at Tertiary Minerals (TYM) and also cover PGC Entertainment (PGCE).

.

20 April 2016, 12:36 | By Tom Winnifrith |

Onzima Ventures & Nigel Theobald: its chicken and egg

Onzima Ventures (ONZ) the "investment company " run by Globo disgraced Gavin Burnell spends most of its efforts doing spivvy short term trades in small AIM casino stocks - its only real long term investment is a 49% stake in a private company N4 Pharma Ltd. Is that the chicken or the egg?

9 hours ago | By Tom Winnifrith |

The March edition of the UK Investor Magazine is live - with why we fight fraud

The March edition of the UK Investor Show Magazine is live featuring 7 share tips, company profiles, interview with Richard Poulden of PCGE, why we fight fraud & fake news on Channel 4, Donald Trump, Marine Le Pen, a look at the banksters and much more.

.

4 days ago | By Tom Winnifrith |

Bulletin Board Moron of the Week Contest Sponsored by the FRAUD Cloudtag (again)

It has only just dawned on me that in exactly two weeks time, at 4.30 PM I shall be cracking open the ouzo to celebrate the fact that no Nomad on AIM is so desperate for cash and morally bankrupt that it will act for the fraud Cloudtag (CTAG). And there will thus be an RNS issued to say that it will be slung off the Casino. As that day looms, how will the Bulletin Board Morons spin that as good news? Happy hunting on Cloudtag threads - and others - as we ask you to nominate the most moronic BB posts or tweets in the comments section below. The deadline is midnight Sunday 19th March and, yes, Wildes our pet in-house loon - can nominate his own posts if he wishes.

7 days ago | By Malcolm Stacey |

Four Whiz Bang Shares I'm Topping Up to Benefit from my ISA Allowance

Hello Share Thumpers. I’ve been spending a lot on shares in recent days. The reason is that I’ve not topped up my ISA and, as the financial year is fast disappearing towards a new horizon, I have been selling a few turkeys in my ordinary trading accounts to fund my tax-protected ISA.

7 days ago | By Steve Moore |

Hayward Tyler – new order win as loan repayment can kicked further down the road (though not very far)...

Having recently noted a £2.4 million repayment due to Royal Bank of Scotland on 31st March (Hayward Tyler – announces “new order wins”, but attempted bailout financing dump ahoy?), I now note a further announcement from Hayward Tyler Group (HAYT); “Bank facility update and new order win”...

7 days ago | By Tom Winnifrith, The Sheriff of AIM |

Crown Ocean calls second GM at Bowleven to change the board - again: chairman Allan MUST GO NOW!

This is not the fault of Crown Ocean but of the bastards who have been grossly overpaid for destroying value at Bowleven (BLVN) - the team let by piggy in chief Kevin Hart. As I reported yesterday, disgraced CEO Hart may have been booted off the board by shareholders but he remains as CEO and is still running the company on full ( unjustifiable) pay. This is because Crown has 2 directors but the old regime still has two men on the board and the casting vote with chairman Mr Allan. Thus there is no change of personnel at Bowleven or of strategy. This really is a disgraceful way for directors to treat the folks who own the company - shareholders.

7 days ago | By Tom Winnifrith, The Sheriff of AIM |

A Cloudtag owning moron writes to Tom Winnifrith

Having been cc'd in on a list of shareholders in the AIM listed ( pro tem) fraud Cloudtag (CTAG) leaked in breach of Data Protection laws by the company itself, I could not resist sending them an email pointing them to some high quality covrerage of the stock. I received a few replies. Here is the best of the bunch. I wonder if this clown, a Mr John Simpson,  thinks this will help him get his cash back and if his wife and employer knows that he spends his days sending such emails. I have to feel sorry for the chap who obviously deeply troubled.

7 days ago | By Tom Winnifrith, The Sheriff of AIM |

LSE Asylum – the financial crisis is actually far worse than we previously indicated: where's the Fat Lady?

A couple of days ago I noted how the London South East Bulletin Board ( aka the LSE Asylum) appeared to be heading towards insolvency - HERE. It is the fate which, almost, invariably happens to companies that hire Zak, the Sith Lord, Mir. For Judas is also Jonah. And now a closer examination of its historic numbers shows that the crisis may be far worse than even we thought. Timber!!!!!

.

7 days ago | By Nigel Somerville |

Igas – hats off to the board

I never thought I’d be saying this, but it is hats off the to the board which looks to have saved the company. This morning AIM-listed Igas Energy (IGAS) updated on its rescue refinancing and it looks to be a done deal. Shareholders will be feeling the pain, but as we have continually warned as the share price declined this was an inevitable consequence of the financial predicament in which the company found itself, the legacy of the Andrew “Piggy” Austin era. 

7 days ago | By Tom Winnifrith & Steve Moore |

About bloody time ...good news from Petropavlovsk: buy

Petropavlovsk (POG) has updated on its pressure oxidation hub development, with construction activities having fully resumed following bank debt refinancing.

6 days ago | By Tom Winnifrith, The Sheriff of AIM |

Stellar Diamonds fools Digital Look with diamond discovery - it should be ashamed

The roll call of shame on today's RNS from Stellar Diamonds: Nomad Cairn Financial (Emma Earl, that name rings a bell), Broker Beaufort Securities (Jon Bellis), joint broker Peterhouse Corporate Finance (Martin Lampshire), Financial Advisers Mirabaud (Rory Scott), Pr St Brides ( Lottie Brocklehurst). The headline is "709 Carat Diamond Discovered in Sierra Leone." Fuck me: where do I buy Stellar shares? These guys have just discovered the 13th biggest diamond in the country's history. Fuck me again - where is my fucking stockbroker? Oh er hang on...

7 days ago | By Tom Winnifrith, The Sheriff of AIM |

Doubley Disgraced Murray D'Almeida departs the AIM Casino but keeps leaching funds, his lawyers still under SRA investigation: ouzo time

Having helped steer Beacon Hill Resources (BHR) onto the rocks and signing off on the infamous hairdresser share trade I am delighted to see that loathsome Murray D'Almeida was now come a cropper a second time on AIM, leaving the board of Management Resources Solutions (MRS) with immediate effect today. He jumped before he was pushed. But hang on, all is not what it seems.

6 days ago | By Steve Moore |

Ilika – CEO argues “growing confidence in our licensing model”, but in reality it’s forecasts slashed

Self-described “pioneer in materials innovation and solid-state battery technology”, Ilika (IKA) has followed recent “Toyota Funds Collaboration with Ilika” and “Collaboration with Galvani Bioelectronics” announcements with a “Trading update” commencing with that such deals “are resulting in a strong ramp-up of revenue relative to 2015/16”. Good, good… You what? The shares currently down circa 15%, approaching 40p?!?...

6 days ago | By Cynical Bear |

The Worthington comedy continues: Flagship sunk but there’s definitely a Plan D….probably

It’s going to be a sad day when the Worthington (WRN) and Newco saga finally comes to a sorry end as it is comedy gold and Aidan Earley’s latest offering doesn’t disappoint. I thought I’d set out the full “announcement” that came out on Thursday with my commentary.

6 days ago | By Malcolm Stacey |

Could the Wall Street Crash Happen Again? And If so, Will it Come Soon?

Hello Share Tusslers. The majority of private shareholders at the UK Investor Show at Westminster in a couple of weeks’ time will be sitting on huge gains over the year. They will be in a jollier mood than we’ve seen them in a long time.

.

6 days ago | By Steve Moore |

CyanConnode – ANOTHER funding!, just how frequently does it require support on ‘journey to commercialisation’?

CyanConnode (CYAN) is “pleased to announce” a successful equity raise of 1,906,912,392 new shares at 0.17p each. Hang on, haven’t I already heard similar since previously reviewing in August?...

6 days ago | By Tom Winnifrith |

Tom Winnifrith Bearcast: Bob Diamond Panmure Gordon & a crap industry

I have been greatly distracted not least dealing with this utterly brain dead and vile Cloudtag (CTAG) shareholder who has been spamming me with the most ghastly abuse all day. I look at the Bob Diamond bid for Panmure Gordon (PMR) and what it means for the wider broking/corporate advisory sector. I then turn to Premaitha (NIPT) and the wider issue of the pointlessness of commissioned research. I touch on Management Resource Solutions (MRS) in light of the news earlier HERE but now the way it is really trying to screw shareholders with a 5p placing. There is comment on Jubilee Platinum (JLP). Then it is back to two old favourites: Advanced Oncotherapy (AVO) and Milestone (MSG). Woof Woof.

.

9 hours ago | By Tom Winnifrith |

The March edition of the UK Investor Magazine is live - with why we fight fraud

The March edition of the UK Investor Show Magazine is live featuring 7 share tips, company profiles, interview with Richard Poulden of PCGE, why we fight fraud & fake news on Channel 4, Donald Trump, Marine Le Pen, a look at the banksters and much more.

.

9 hours ago | By Tom Winnifrith |

Bulletin Board Moron of the Week Sponsored by London South East

Well this is a company that will sponsor any old crap and let's face it, 95% of Bulletin Board Morons post on the LSE Asylum. As the countdown to the fraud Cloudtag (CTAG) being booted off AIM next week accelerates you kind of sense which stock will be the focus of most entries. The competition rules are simple. Just nominate the daftest post on a BB or on twitter in the comments section below. Once again, our in-house semi-trained loon Wildes is allowed to nominate his own posts. The deadline for entries is midnight on Sunday 26th March. Post away!

1 day ago | By Tom Winnifrith |

Tom Winnifrith Bearcast - Terror attack on London Edition

Clearly this is the story of the day. I reflect on this from various angles. I then move onto Franchise Brands (FRAN) shares in which surged 16% forcing a suspension. No insider dealing here guv, walk on, walk on. Then it is onto Bowleven (BLVN),  Yolo (YOLO), Starcom (STAR) which I may have called Starvest but I meant Starcom, Van Elle (VANL), Nyota (NYO) and finally the uber dog Advanced Oncotherapy (AVO) which is in freefall. Hah! Death spiral shylocks Bracknor your spoof is not working is it! On the subject of terror I mention that evil bastard Martin McGuinness.You should not speak ill of the dead but for this unapologetic murderer  and for those in the media who praise him as a good man I make an exception HERE.  Mr McGuinness was a wicked man who sought no salvation in apology and repentance and, if there is a hell, his soul is right now burning at the heart of it. 

.

2 days ago | By Tom Winnifrith, The Sheriff of AIM |

The Joke valuation that is Bushveld Minerals

I explained some time ago why I thought that the management of Bushveld Minerals (BMN) had treated retail investors with clear contempt and why that made the stock uninvestable. In the short term this can go anywhere, in the long run shares in companies run by scumbags usually head south. I wake up and find that the shares are now 7p and so - with a lot of "assistance" from a great broker we can note.

13 hours ago | By Tom Winnifrith, The Sheriff of AIM |

The video that will nail Amit Ben Haim as a 100% liar when the fraud Cloudtag goes Bust

Well fraud fans, the first day of reckoning for the shabby fraud that is Cloudtag (CTAG) looms. If it has no Nomad in place by Monday night next week then its shares will be booted off AIM. Unable then to raise even death spiral funding and with no sales it will go bust pretty quickly. If it was not already close to going tits up it would not have attempted that last gasp discount placing with broker Novum. So, as no Nomad will sign up to act for an obvious fraud the Fat Lady is waiting in the wings. When this does go bust the video below, recorded with morally bankrupt rampers for hire Proactive, should be examined very closely by the Serious Fraud Office as it is damning..

1 day ago | By HotStockRockets |

Optibiotix - Skinbiotherapeutics demerger: Mr Market does not fully realise what good news this is!

Optibiotix (OPTI) has announced - not before time we might note- that the demerger of its 52% unit Skinbiotherapeutics and its own AIM listing is underway. I should cocoa. Book building is cracking ahead on the Skinbiotix IPO. Optibiotix currently has an adjusted 52% of Skinbiotherapeutics.

15 hours ago | By Malcolm Stacey |

It's Now a Ten-Bagger, But The Upward Action is Probably Not Over Yet

Hello Share Sappers. Occasionally armchair tycoons like us come across a little jewel. When it happens, and I’ve commended this share to you previously, it is very tempting to blow my own trumpet. Which is what I now do with Creightons (CRL).

2 days ago | By Malcolm Stacey |

IQE Results May Be a Buying Opportunity as Shares Dip to Profit-Takers

Hello Share Smackers. After a long - and for me nervous - wait, the full results for IQE (IQE) are in. And as I predicted on this terrific website, the shares fell on the announcement.

9 hours ago | By Tom Winnifrith |

Tom Winnifrith Bearcast: Paternoster Resources why cheap could be incredibly expensive

I comment on the hopeless response of smug MPs and the established media to yesterday's terror attack on my own website in a podcast HERE. On the markets I look at expectations management at Next (NXT), at how we know or knew about the balance sheet at Toople (TOOP) covered HERE by Cynical Bear or Advanced Oncotherapy (AVO) heading for 0p and covered in detail by me earlier HERE. I look at Public Services Properties (PSPI ) and what its AIM casino departure says about RTOs and contingent liabilities - which reminds me again of New World Oil & Gas (NEW). Finally I have a detailed look at the strange world of Paternoster Resources (PRS), not a stock you have to own in any way. PS Cynical Bear is not me. Can you see any typos in his articles?

.

13 hours ago | By Andre Brand |

Solo's Star Rises with Latest Helium Investment

There was exciting news out yesterday from Solo Oil (SOLO) with its venture into the specialty gas market, it is taking up to a 20% stake in Tanzania focused Helium One Limited .

12 hours ago | By Tom Winnifrith, The Sheriff of AIM |

Advanced Oncotherapy - back at 31.5p - is Bracknor dumping or spoofing today? Timber!!!

It is just eight days to the GM of Advanced Oncotherapy (AVO) where shareholders are being asked to approve the issue of gazillions of new shares for the Bracknor death spiral. Since the alternative is going bust within weeks if not days then the result is a gimme although I intend attending - as the owner of 1 share - to ask some searching questions. But the collapse in the share price - the stock is now 31.5p mid, 30p bid tells you there are even bigger issues and that Advanced is, quite possibly toast whatever.

2 days ago | By Gary Newman |

Lekoil offers plenty of longer term upside

Many AIM oil companies promise the earth, yet in most cases are still no nearer to actually producing anything despite a number of years having passed since their initial discoveries, so it is refreshing to see that there are exceptions to this trend.

1 day ago | By Steve Moore |

Van Elle – profit warning less than 5 months after AIM IPO!

Well that didn’t take long; 26th October 2016: “Van Elle (VANL), the geotechnical contractor offering a wide range of ground engineering techniques and services to customers in a variety of UK construction end markets, is pleased to announce the admission to trading on the AIM market”22nd March 2017: trading update including “delay and deferral of contracts”

2 days ago | By Steve Moore |

1 day ago | By Paddington Bear |

Jackpot Joy a compelling short part 2 - Management History

On Monday I started a series in which I gave clear reasons why JackpotJoy (JPJ) was an obvious short. Now let us mover on and have a look at the management and their history in commerce. I am sure that there is nothing to read into  it but Andrew McIver sat on the Board of Daniel Stewart and seems to be pals with our dear friend the king of the fraudsters, Mr Rob Terry

1 day ago | By Tom Winnifrith, The Sheriff of AIM |

Avanti Communications Kenya contract - it's 'avin' a giraffe

Drowning in debt Avanti Communications (AVN) is 'avin' a giraffe once again with a new announcement of deal with no financials attached which is almost certainly utterly meaningless. Today we head to Kenya.

2 days ago | By Nigel Somerville |

Cloudbuy – still no sign of tomorrow's Hartleys but toast certainly on the menu.

AIM-listed e-commerce play Cloudbuy (CBUY) released its full year numbers for calendar 2016 this morning. Having had a rescue refinancing last year and a change of strategy the question was always whether all the good news announced over the last few years would ever be converted into revenue. The bad news is that it hasn’t yet. By the way, as a general point to the company, if you are going to reference notes to the accounts in the RNS and don’t include those notes people will think you have something to hide. It looks poor.

Search ShareProphets |


Get your UK Investor Show tickets now here.



Stock market news |



Complete Coverage

New World Oil & Gas

African Potash

Cloudtag

The chairman's blog by Sir Ben Dover

Avanti

Gulf Keystone

Worthington

Highlands Natural Resources

Bearcasts

CloudTag

David Lenigas

Quindell

Tern

Optibiotix

Concepta



Recent Comments |