As we follow Adam Reynolds we have shares in React Group (REAT). Here is its boss Martin Gannon presenting at UK Investor Show. Enjoy.
Back on 30 October 2015 long suffering shareholders in Environmental Recycling (ENRT) were promised a change of direction, a new beginning. Having seen its shares plunge from 150p, when it sent me a barrage of lawyers letters for pointing out that it was a total fraud back in 2005, to just 0.05p today the punters must have had some hope at last. But today Environmental ( formerly 3DM) fessed up. As disgraced Michael Walters who has tipped this piece of Turkish for 14 years and who told his readers to report me to the FSA for exposing the fraud, would say "oh dear, oh dear".
A “Project Update” from Edenville Energy (EDL); “Preliminary earth works have now commenced at the Mkomolo deposit site”. Hmmm – sounds like the type of announcement before discounted placing ahoy, and looking at the financials here… surprise, surprise!
A past winner of the post show pro-celeb pizza making contest, Louis Coetzee here presents for Kibo Mining (KIBO). Enjoy.
Earlier today Malcolm wrote a buy note on Land Securities (LAND). In this podcast I explain why I disagree with his analysis of that stock but also of the wider commercial property market in light of recent news.
Miles Pelham had only been in the job a few minutes but pitched up at UK Investor to present on behalf of Obtala resources (OBT). Enjoy
Sentiment is changing which means that shares in smaller mining companies are now set to have a run. Many smaller prime companies have been ‘gobbled up’ leaving room for smaller explorers to come in.
Having written a series of pieces earlier in the year on Craven House Capital (CRV) detailing various reasons as to why I perceived to be an almighty spoof (HERE), I am part astounded and part confused by yesterday’s placing announcement at a massive premium to the share price.
Foreign property investment enjoyed a boom in the mid-2000s, with a score of new vehicles listing in London and elsewhere. Many of these turned out to be poor or terrible investments. Perhaps we can find some value amongst the rubble: Eastern European Property Fund (EEP), which released its annual report on Tuesday, is trading at a stonking discount to NAV that adventurous investors might find too difficult to ignore.
I find Octagonal (OCT) such a frustrating stock as, at the heart of it, there appears to be a decent business that can throw off cash and that potentially looks undervalued using standard valuation metrics but while the CEO and major shareholder, John Gunn, continues to use its bank balance as a personal investment piggybank, I have to leave it well alone.
Hello Share Pushers. I don’t think I’ve looked at Land Securities (LAND) before, but it looks like a reasonable place to put one’s hard-earned. At least the epic code is easy to remember. It goes without saying that it’s a company which owns a lot of land. And as the UK population keeps on rising that’s a nifty asset to have.
In less than three days more than 150,000 people have watched this crowdfunded movie. Forget Government pro EU propaganda paid for with £10 million of YOUR cash. This is a compelling case for Brexit which did not cost you, the taxpayer, a cent. Watch it and pass on the link.
I was in a great mood this morning. I am now in an awful mood and explain why. After that I cover Ten Alps (TAL), Lakehouse (LAKE), Inspirit (INSP), Alecto Minerals (ALO) and Imaginitik (IMTK). I am now off to slash some more fecking frigana while thinking about certain folks in the Square Mile.
8th March 2016: Ten Alps plc (TAL) “remains on track to generate a full year profit for the first time in a number of years and to continue momentum into the medium term”. 17th May 2016: “The group has continued to sustain losses in certain parts of its publishing operations, the turnaround of which has taken longer than expected. These continued losses are likely to result in the group not being profitable for the year as a whole”. Uh oh…
There has been a real attempt to ramp Inspirit Energfy (INSP) on a six month timeframe ahead of today's placing. There were tweets from my fave Monaco based Colonial with whom I have a summer truce and whom I thus shall not mention, the utterly meaningless share purchases (spoofed ya!) by John Gunn and a series of soft paid for interviews with Sith Lord Zak "Judas" Mir and others when Mr Gunn said there was no need for a placing. So today there was a placing.
If you wanted to line up a top notch list of advisors to an AIM casino stock you would not go to POS Golden Saint Resources (GSR) for advice. It really has gone for the holy trinity of hopelessness.
Internet media company blinkx (BLNX) headlines its results for its year ended 31st March 2016; “Company records 68% growth in Core programmatic revenues while simultaneously reducing annualized operating expenses by $40M, during a year of rapid Industry evolution and reaffirms its expectation to return to full year profitability1 in Financial Year 2017”. All good then? Er, not quite…
I would like to say that Quindell (QPP) fraudster Rob Terry has Time on his hands but I imagine that using the words Time & Rob Terry in the same sentence might make him feel uncomfortable. Anyhow I am delighted to see that his new ponzi, Knob Park has at least, well in fact just, one fan.
This has been a long time coming, but surely now it is clear that AIM-listed SeaEnergy (SEA) is toast. This morning came an RNS which spills the beans, although the company STILL failed to spell out the grim truth to its lobster-potted shareholders.
In the third Dragon's Den session at UK Investor Show the Dragons were myself (Tom Winnifrith) Steve Moore and Brian Kinane. The companies pitching were United Cacao (CHOC), Premaitha (NIPT), ECR Minerals (ECR), Forbidden Technology (FBT) and Asiamet Resources (ARS)
The April edition of the UK Investor Show Magazine is live featuring Metal Tiger, BMR, Harley Investments, Action Hotels and much more.
This week's contest is graciously sponsored by African Potash, AIM, NEX, Chris Cleverly vehicle that is bound to hit the stratosphere.*
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....
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.
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?
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.
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.
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...
Caption this very accurate and not at all cropped photo of some nice Tories in the comments below. The deadline is midnight tonight.
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?
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.
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:
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."
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…
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.
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…
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:
Together Robert Sutherland Smith and Tom Winnifrith have now been working in finance for 71 years - the last ten or so together. Tom wishes to stress that RSS accounts for most of that, the great value investor starting his City career at the Unilever Pension Fund the year before Tom was born. In this book they outline 71 tricks of the trade for making money from shares.
Get the first ShareProphets Pocket Guide ebook, EIS - Buying shares with numerous tax breaks. Want to cut your income tax bill, get loss relief if your AIM listed shares go down, pay no CGT, avoid IHT - EIS could be the way and this book explains how.
Most investment books seem to be large enough to keep the front door open and while some contain gems it is hard to find them amid the verbiage. The aim here is to produce a short guide which simply cuts to the chase. I hope that it will provide food for thought for everyone from beginner to expert but whoever you are it should be quick and easy to read and digest.
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