ShareProphets

Thursday 27 April 2017 The one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares


22 May 2016, 10:19 | By HotStockRockets |

Bluebird Merchant Ventures - update on Batangas: shares very cheap: BUY

We now have evidence that some of those who invested in Bluebird (BMV) at the IPO are ignoring lock-ins. That is seeing the shares slip when they should be racing on more good news. We expect this matter to be resolved very shortly indeed and the re-rate to then start and to be dramatic. That makes the shares a buy now.

22 May 2016, 10:18 | By Cynical Bear |

Boxhill Technologies – a few steps in the right direction….but still some way to go

Both Tom and I have been critical of Boxhill Technologies in this year and the full series of articles can be seen HERE, so I felt it was appropriate to applaud a few baby steps in the right direction set out in Friday’s announcement “Corporate Update and Board Changes”.

22 May 2016, 10:08 | By Nigel Somerville, the Deputy Sheriff of AIM |

Daniel Stewart mortgages itself again. How’s that 10p a share price target doing, Rob Terry?

A curious filing has appeared at Companies House with regard to our dear friends at Daniel Stewart (DAN), the formerly AIM-listed company which used to be a Nomad, used to have a Nomad and which is still a Broker. Back in January a debenture in favour of the mysterious Asian outfit Epsilon appeared at Companies House: it seems that the parent company had entered into an arrangement with its largest shareholder in return for a charge over all its assets, as was covered at the time by Tom Winnifrith. Now we appear to have one covering all the assets of the only operating subsidiary.

22 May 2016, 08:43 | By Pizza Hardman Darren Atwater |

Notes from Underground: Yes we Khan

Last week I promised you a love letter to new London mayor Sadiq Khan. Actually, I don't have much to say about him other than if he drives Tom so mad, he must have some redeeming qualities. TW Note, I said I was glad Khan won, check your facts beardie,

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21 May 2016, 16:52 | By Tom Winnifrith |

Over half our readers reckon Gulf Keystone is the next oil mid cap to see shareholders wiped out

We polled you on Friday asking which oil mid cap did you think would follow Circle Oil (COP) in admitting that there would be little or no value left for shareholders. Which is the next oil company to admit that it is toast. And your verdict was clear. I would say that it is probably a tight race between the gold and silver medalists in this poll. You voted:

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21 May 2016, 16:44 | By HotStockRockets |

Optibiotix, new patent filed: so what?

OptiBiotix Health (OPTI) has announced that it has filed a new patent to protect advances made in its skin division in identifying microbial proteins which have the potential to prevent Health Care Acquired Infections (HCAI) caused by antimicrobial resistant (AMR) superbugs such as MRSA. The company says HCAIs lead to higher morbidity and mortality, and cost the NHS an estimated £1 billion per year. This represents a global market opportunity of $82 billion.

21 May 2016, 16:17 | By Tom Winnifrith |

Tom Winnifrith Bearcast: Even Cheryl Cole knows ( from personal experience) that George Osborne is talking bollocks on Brexit & House Prices

George Osborne says UK house prices will fall by 18% if we vote for Brexit. At every single conceivable level he is talking bollocks. Even the lovely Cheryl Cole can testify to that as I explain in today's podcast.

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21 May 2016, 15:40 | By Tom Winnifrith |

Rick Rule warns gold equities might see a pull back

Rick Rule of Sprott is still a long term gold bull but he has warned that after a good run some of the gold equities could see some consolidation or pull back unless gold itself moves ahead again. On the upside he notes in this week's podcast with Amanda van Dyke's colleagues at Palisade Capital he discuses what happens if there is a major exploration success somewhere

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21 May 2016, 13:48 | By Gary Newman |

Sylvania overdue a re-rate on higher platinum prices

Platinum prices have recovered very well since the early part of the year and have been consistently trading at above the $1,000 area, a big increase on the lows of around $810 that we saw.

21 May 2016, 11:33 | By Steve Moore |

Brady plc – review following company chat

Following my 16th May review of the AGM trading update of provider of trading and risk management software to the commodity and energy markets, Brady plc (BRY), the company’s CEO Gavin Lavelle has been in touch to talk about the background of its 2015 and recently reported performance…

21 May 2016, 11:28 | By Tom Winnifrith & Steve Moore |

Some good news from Fox Marble...its about time!

Fox Marble (FOX) has announced that its “order book has increased to €3.9 million for the year” and developments offering further potential.

21 May 2016, 11:18 | By Steve Moore |

ShareProphets China AIM 'Filthy Forty' update – half our index now not 'Geong, Geong', but Gone…

A couple of months on since our last update and more ShareProphets China AIM 'Filthy Forty' companies have followed Geong International and co in 'Geong, Geong' and then gone...

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21 May 2016, 11:15 | By Malcolm Stacey |

Why Investing in Centamin's Gold Shouldn't Cost Your Last Cent

Hello Share Chunterers. Gold is flavour of the month, if not the next few years. So let’s take another peek at Centamin (CEY) the Egyptian gold producer. Now this poor country has got it in the neck again this week with an aeroplane destined for that country tragically falling out of the sky*. 

20 May 2016, 15:34 | By Nigel Somerville, the Deputy Sheriff of AIM |

Is newly Casino-listed SDX Energy already a Bargepole?

This morning it was announced that SDX Energy Inc (SDX) had joined the AIM Casino, to add to its TSX-V listing in Canada. Welcome to the mad-house. But reading through the admission and first day of dealings RNS a few things jump out at me. I wonder if it is already one to be avoided like the plague.

20 May 2016, 14:42 | By Tom Winnifrith & Steve Moore |

R4E - Hon up to 17%, no make that 18%, shares up to 2.2-2.25p, still cheap

Shares in R4E (R4E) have raced ahead to 2,2-2.25p on news that Gate Ventures, the vehicle of controversial entrepreneur Johnny Hon has taken its holding up to 17%.  No make that 18%, the TR1's come thick and fast.

20 May 2016, 14:33 | By Tom Winnifrith |

Tom Winnifrith Bearcast - why wont African Potash answer my fecking questions?

In a very British way I start by complaining about the weather. Right now it is sheeting it down here in Greece. Then onto Plethora/Regent Pacific before tackling what the phrase "little or no value" actually means ref Circle Oil (COP). Then onto African Potash (AFPO) and I answer the questions it will not. Target price 0p. 

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20 May 2016, 14:02 | By Kelvin Prescott |

Buy Jim Mellon's Port Erin?

Tom Winnifrith recently suggested that Port Erin Biopharma (PEBI) has gone limp because of pessimism about Plethora's premature ejaculation treatment. Cynical Bear says be suspicious of sub-scale investment companies on AIM, full of related party transactions and corporate overheads. So… obviously the moronic thing to do is pile in, right? But still, I am long Port Erin, at least when the price is right (sub 4p). Here’s why.

20 May 2016, 12:17 | By Graham Neary |

Applegreen - Ripening Apple

Dublin-based petrol filling station group Applegreen (APGN) held its AGM this morning and updated the market with respect to trading so far this year. This high-growth business looks like it has the potential to become a genuine AIM success story, having listed less than a year ago. Many IPOs have turned sour recently, but Applegreen isn’t one of them.

20 May 2016, 11:44 | By Tom Winnifrith, The Sheriff of AIM |

Environmental Recycling - it cannot even afford 1,575 Euro as it drowns in debt - it is bust, call the administrator

I pointed out yesterday that Environmental Recycling (ENRT), the company formerly known as 3DM and which is the only AIM company to have been censured not once but twice by the FSA (now the FCA) for lying to investors was drowning in debt and out of cash. Just to show how out of cash it is, I point out that it cannot even afford to pay a vital bill for Euro 1,575.

20 May 2016, 11:40 | By Steve Moore |

Mobile Streams – a 2:21pm “Trading Update”, Uh oh…

A Thursday 2:21pm “Trading Update”. Hmmm. “Mobile Streams plc (MOS) updates the market on its expectations for the current financial year ending 30 June 2016”. Uh oh…

9 hours ago | By ShareProphets |

The April edition of the UK Investor Magazine is live - UK Investor Show edition

The April edition of the UK Investor Show Magazine is live featuring Metal Tiger, BMR, Harley Investments, Action Hotels and much more.

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5 days ago | By Pizza Hardman Darren Atwater |

New Bulletin Board Moron of the Week Contest - sponsored by MoneySwap

This week's contest is graciously sponsored by MoneySwap, the Filthy Forty constituent that has this week requested to be dropped from the AIM market.

7 days ago | By Malcolm Stacey |

I'm Still Not Getting Busy with the Fizzy

Hello Share Tasters. In the past I’ve commended Britvic (BVIC) to your further study, though I don’t hold the shares myself. If I did, I might be tempted to sell. This is not because the shares are doing badly. They are not. Indeed, since January they are up by a fifth.

6 days ago | By Mr Karma |

City of London Markets, Milestone Group and the web of deceit

Readers will be aware of the aborted placing in Milestone Group (MSG) and the City bucket shop that is City of London Markets per HERE. What we can reveal is that the individual at the heart of the debacle is a gentleman by the name of Spencer Binks – a name in certain circles of the City that is described as “colourful”.

7 days ago | By Darren Atwater |

Video: Don Goulding, Executive Chairman of Distil, presents at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Don Goulding, Executive Chairman of Distil (DIS), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

7 days ago | By Darren Atwater |

Video: Colin Hutchinson, CEO of Ascent Resources, presents at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Colin Hutchinson, CEO of Ascent Resources (AST), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

7 days ago | By Darren Atwater |

Video: Michael de Villiers, Executive Chairman of Ariana Resources, presents at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Michael de Villiers, Executive Chairman of Ariana Resources (AAU), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

7 days ago | By Tom Winnifrith |

Mercantile Ports & Logistics - slam dunk sell (target 0p) as Nomad Cenkos (again) brings AIM into disrepute

Nomad Cenkos was repeatedly warned by myself and others about the fraud at Quindell (QPP). It banked fees of more than £12 million and did nothing to stop the wrongdoing. In doing so it brought AIM into massive disrepute. Now there is evidence that it is turning a blind eye to horrific red flags at Mercantile Ports & Logistics, which at 8.5p is capitalised at £32 million. My target price is 0p but what the hell is Cenkos playing at? I break my break to deal with the errant Nomad - I have a score to settle here since some of the money it raised for the Quenron fraud was used to harass me with fascist lawyers letters..

7 days ago | By Darren Atwater |

Caption Contest: Can you see the benefits? Vote Labour in the General Election?

The subjects of the Channel 4 Mancunian documentary Shameless are featured in this spoof Labour advertisement. can you offer a more suitable caption? Post your answers in the comments section below with a deadline of midnight tonight (Friday)

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7 days ago | By Cynical Bear |

Echo Energy – Bizarre funding arrangement, share price must drop, mustn’t it?

I’ve been scratching my head over the funding plans announced by the newly re-named Echo Energy (ECHO) earlier this week as there is an unusual aspect to it and can’t believe that the share price won’t drop in the short term as a result. Let me explain.

7 days ago | By Tom Winnifrith & Steve Moore |

Symphony Environmental - share tip further higher on Saudi Arabia developments

Shares in Symphony Environmental (SYM) were a 6.75p offer price, September 2013, addition to the Penny Shares portfolio of our Nifty Fifty website. We recently updated with them heading towards doubling…

6 days ago | By Malcolm Stacey |

Yes, Shares Are Expensive, But Perhaps Not as Pricey as They're Gonna Be

Everyone who attended this month’s UK Investor Show will be wondering whether to go into cash. Most analysts on the stage, as opposed to big cheeses supporting their own companies, were in a pessimistic mode. For example, that excellent commentator David Scott (Dr Doom) did a very scary presentation exclusively on the subject of forthcoming market disaster.

6 days ago | By Darren Atwater |

Video: Making money from gold and mining shares, a Main Stage discussion from UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Peter Hambro of Petropavlovsk (POG), Tony Manini of Asiamet Resources (ARS), Ross Norman of Sharps Pixley, Paul Atherley of Berkeley Energia (BKY), Dominic Frisby and Brian Kinane of Riverfort Global Capital discuss making money from gold and mining shares. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

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6 days ago | By Gary Newman |

Why the sudden interest in Infinity Energy?

There suddenly seems to be a lot of excitement all over twitter and the bulletin boards about a tiny AIM shell called Infinity Energy SA (INFT) – but of course that wouldn’t have anything at all to do with the recent placing and placees looking to offload for a quick profit!

6 days ago | By Steve Moore |

HaloSource – conditional bailout fundraising, kicks the can down the road (not very far!)

HaloSource (HALO) has announced “Board Changes” and that it “is pleased to confirm that the company has conditionally raised approximately £1.9 million ($2.3 million)”. I bet it is…

6 days ago | By ShareProphets |

Table of shorted AIM shares - week to 21/04/2017

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...

6 days ago | By Tom Winnifrith |

Mercantile Ports & Logistics - and a few more things about the shysters

I understand that just as I was publishing yesterday's bombshell on Mercantile Ports & Logistics (MPL) the company was having a phone conference call with the mugs who are invested in an attempt to drum up more support with promises of jam tomorrow. Sorry to rain on your parade chaps. Yesterday's expose should make any sane person run for the hills, but here are a few other matters to consider.

9 hours ago | By ShareProphets |

The April edition of the UK Investor Magazine is live - UK Investor Show edition

The April edition of the UK Investor Show Magazine is live featuring Metal Tiger, BMR, Harley Investments, Action Hotels and much more.

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9 hours ago | By Darren Atwater |

2 days ago | By HotStockRockets |

Optibiotix - 'news management', whatever - still a buy

The A-Grade A'holes at Walbrook PR who charge Optibiotix (OPTI) thousands of quid a month for "news management" probably thought putting out two announcements on one day was part of a clever strategy. Whatever. If Optibiotix wants to save a few quid we have a suggestion....

2 days ago | 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.

15 hours ago | By Tom Winnifrith |

Cloudtag AGM: rats jump ship, Lyin' Amit lies again and no mention of (lack of) cash - what's not to like?

Fraud Cloudtag (CTAG) may have been booted off the AIM Casino but in the few months before insolvency the comedy continues. The company has held an AGM the highlight of which was news that the 2 NEDS Tony Reeves and Jerry Bereika have resigned. Lyin' Amit Ben Haim says that the a search for new directors with the requisite skills to match the Company’s future requirements is underway. Hmmm what would that skillset be?

2 days ago | By Darren Atwater |

Video: Mark Slater interviewed by Tom Winnifrith for the UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Tom Winnifrith interviews Mark Slater. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

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15 hours ago | By HotStockRockets |

Concepta Results - where are the China sales? Buy: fireworks ahead

Concepta (CPT) wants to know why its shares are nor racing away although having tipped this at an 11p offer we are, at 16.5p, well up.? Simple. It announced last autumn that it was about to sell its MyLotus kits in China and since then it has appointed a country manager and huffed and puffed but there are no sign of those sales. And against that background after calendar 2016 results the shares are just 16.5p mid. But before you sell hang on a second...the shares are actually a stonking buy if yoiu can get them at 16p or underand here is why.

15 hours ago | By Tom Winnifrith |

Oi Concha - Ve Interactive has gone bust where is the RNS?

Naughty naughty naughty. On Tuesday night Ve Interactive, the daft money guzzling new media start up into which Concha (CHA) unwisely invested on a £1 billion valuation went into administration and was at once bought ( one assumes for peanuts) by management and certain existing shareholders. Since Concha has not a lot of cash it is hard to see it being involved. But where is the statement? AIM Rules say something about timely disclosure yet we have had 24 hours with no RNS. Nope make that 36 hours...

2 days ago | By Darren Atwater |

New General Election Caption Content: Unerringly accurate photo

Caption this very accurate and not at all cropped photo of some nice Tories in the comments below. The deadline is midnight tonight.

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2 days ago | 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?

2 days ago | By Tom Winnifrith |

Rosslyn Data - moves goalposts with bailout placing to hide its abject failure

Floated at 33p by Lagos Securities, or Cenkos as it prefers to be known, on the back of a prospectus that forgot to mention critical damaging information, Rosslyn Data (RDT) has been a serial disappointer and was clearly set to run out of cash this year, despite numerous protestations from its discredited management that this was not the case. And so today, the oldest trick in the book - a bailout placing dressed up as an acquisition. The price of the bailout, just 4.5p.

2 days ago | 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:

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13 hours ago | By HotStockRockets |

Kefi - another box ticked - all on track for construction 2017: Buy

Kefi Minerals (KEFI) has announced another box has been ticked as it moves towards constructing the Tulu Kapi gold mine in Ethiopia. It has finally agreed with the Government plans to resettle the folks who live around the mine away from operations. And with that done it states "The objective for the Government of Ethiopia and KEFI is for construction to commence in H2-17."

2 days ago | By HotStockRockets |

Collagen - positive trading update sparks shares

Collagen Solutions (COS) has announced growth “driven by an increase in the number of customers, higher volumes from key customers and an increase in new development agreements”, sparking the shares higher…

2 days ago | 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.

13 hours ago | By Steve Moore & Tom Winnifrith |

Petropavlovsk - 2016 results help shares higher: far more to go

London main-market listed, gold miner in Russia Petropavlovsk (POG) has announced results for the 2016 calendar year, emphasising a return to profitability and a refinancing of bank debt - enabling it not to have to divest part of the value in its core organic growth development project, the POX Hub…

13 hours ago | By Tom Winnifrith |

Zac "The Knife" Phillips goes for Green Dragon - warns equity may be worthless, calls for management change

We have long pointed out what a dog Green Dragon (GDG) is. Its failure to answer the questions in the bloody dossier HERE was the biggest red flag. Now the City's top oil analyst, Zac "the Knife" Phillips of SP Angel has gone on the attack, calling for regime change and warning that the company's assets could end up with its creditors, i.e. the equity could be worthless. The Knife writes: