ShareProphets

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


17 May 2016, 08:07 | By Tom Winnifrith |

Tragic News: Chris Oil Quits blogging & twitter - His top 14 "new media moments" listed

The petty criminal, market abuser and deluded fantasist Chris Oil has announced that he is to quit social media and to stop posting on his tedious blog. He fails to explain why but he has put out a pompous statement on his blog echoed in a tweet. I bring you highlights of Oil's two years on Social Media below but first his blog statement which reads:

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17 May 2016, 08:06 | By Tom Winnifrith |

Video: Ed Croft of Stockopedia main stage presentation at UK Investor Show

Ed's talk to a packed room was interactive and went down incredibly well. Enjoy..

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17 May 2016, 07:56 | By Steve Moore |

InterQuest & Avesco – tip of the year updates

Having previously reviewed in February HERE and HERE, the following updates on my two tips of the year for 2016…

17 May 2016, 07:54 | By Tom Winnifrith |

Video: Dragon's Den Session 2 at UK Investor with Berkeley Energia, Xtract Resources & BMR

The second Dragon's Den session at UK Investor saw myself, Steve Moore & Gary Newman invest £1000 each. Our choice was Xtract Resources (XTR), Berkeley Energia (BKY) and BMR Mining (BMR). Watch for the claim made by Jan Nelson of Xtract.

17 May 2016, 07:48 | By Gary Newman |

KEFI Minerals moves closer to gold production

Things are looking up for small gold miners, especially those that are closing in on becoming producers, such as KEFI Minerals (KEFI).

17 May 2016, 07:47 | By Tom Winnifrith |

Video: Amanda Van Dyke, Peter Hambro et al - the Mining Session at UK Investor

The afternoon at UK investor Show kicked off with the mining session chaired by Amanda van Dyke. Gold was the main focus and on stage with Amanda were Dominic Frisby, John McGloin of Amara (AMA), Peter Hambro of Petropavlovsk (POG), Tony Manini of Asiamet (ARS) and Ross Norman, the very sharp boss of bullion dealer Sharps Pixley

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17 May 2016, 07:43 | By Malcolm Stacey |

Doctor, Doctor I Keep Thinking I'm a Surgery. Let Me Assura You You're Not.

Hello Share Screamers. Don’t say I never bring you areas you may not have thought about investing in before. Today it’s an outfit that builds and develops, then rents out, doctor’s surgeries. Assura (AGR) is the name and medical property development is the game. My doctor’s surgery looks purpose built to me. It has loads of extra rooms and space for all the bits and pieces which goes with ordinary doctor’s visits these days.

16 May 2016, 15:41 | By Tom Winnifrith |

Tom Winnifrith Bearcast: Ryanair's Michael O'Leary hoisted on his own fecking EU £315m petard - rejoice!

The link is in the side bar but Ryanair (RYA) Euro loon Michael O'Leary  is today hoisted on his own £315 million EU petard. Fecking excellent news. Elsewhere I look at the piece of Turkish that is Golden Saint Resources (GSR) - still pissing away £3k a month on PR genius Steffi - as it heads for insolvency again. Then it is onto Nighthawk (HAWK) and Trinity Exploration (TRIN) and the problems for banks that lend to oil companies. Then I refer to HSS Hire (HSS) and cover Andalas (ADL) again as its shares sink like a stone. They have a lot further to sink, sell now!

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16 May 2016, 15:29 | By Graham Neary |

Ithaca - Waiting for Stella

North Sea oil and gas producer Ithaca Energy (IAE) provided an interim report this morning which has reassured investors that long-awaited production in the Stella oil field will be coming soon. But the shares still carry an extraordinary amount of risk.

16 May 2016, 15:25 | By Steve Moore |

Brady plc – AGM trading update sounds reassuring, BUT…

Having previously updated on Brady plc (BRY) to not be fooled by the 2015 ‘trading in line’ - it’s disingenuous spin, the following updates post the company's results announcement for the 2015 calendar year and, more recently, an AGM update...

16 May 2016, 13:58 | By Tom Winnifrith, The Sheriff of AIM |

Avanti Coms: another jam tomorrow, cash munching update & piddly director purchases scream SELL

Institutional investors continue to sell. But Avanti Communications (AVN) directors hope that piffling share purchases by themselves will persuade mug punters to follow suit. Do I care that David Williams (total package last year $1,154,445 after another year of mega cashburn) has bought 5,434 shares at 91.5p taking his holding to 1,709,144. Seriously? A guy who earns c$20,000 a week for trainwrecking this company has bought £5,000 of shares? And that is meant to show he has faith in the company? If anything it shows he has none. Now to the Q3 trading update.

16 May 2016, 11:58 | By Steve Moore |

Synety Group – contract win, “a resounding endorsement for our technology”?

Integrator of telephony systems into existing software, Synety Group (SNTY) has announced what its CEO, Simon Cleaver, considers “a resounding endorsement for our technology”. The shares have though currently responded just 1.4% higher to 72.5p. Hmmm…

16 May 2016, 11:55 | By Tom Winnifrith |

Johnny Hon buys 5% stake in MX oil - next step boardroom change?

Hong Kong based businessman Johnny Hon is a controversial chap. My interview with him at UK Investor covered the Gate Ventures AIM fiasco - as you can see HERE - but if he wants to build up a stake in a business he can buy a material stake - as we lucky shareholders have seen with R4E (R4E) - and now it appears that he has turned his attention to the MX Oil (MXO) pantomime.

16 May 2016, 11:10 | By Cynical Bear |

Carduus Housing – more dodgy shenanigans on ISDX

I’ve been struggling to get my head round an RNS from ISDX-listed Carduus Housing (CHPB) last week that seems to indicate a shocking fraud, so will get it off my chest and see if any readers are any wiser.

16 May 2016, 10:54 | By Tom Winnifrith, The Sheriff of AIM |

Video: Tom Winnifrith grills Johnny Hon at UK Investor Show

In this interview I put controversial Mr Hon of Gate Ventures (GATE) fame on the spot about the Gate fiasco on AIM, the Chinese economy ( a bubble?) and about China fraud on AIM. Enjoy

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16 May 2016, 10:48 | By Tom Winnifrith |

Tom Winnifrith Bearcast special - the delightful symmetry of Andalas & LGO Energy

There is so much delightful (for we bears) symmetry between LGO Energy (LGO) and Andalas (ADL) as both sink to a level where flippers in the recent placings must now take a loss. Right down to the CEOs both having facial hairs. It is uncanny and the subject of this podcast which also makes general points about stocks where the share price dips below a placing price in short order. It is all about human psychology.

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16 May 2016, 10:15 | By Tom Winnifrith |

Video: Tom Winnifrith on why David Lenigas should be drummed off AIM from UK Investor show

This was recorded before the summer truce and so that really is it from me on Big Dave. He can site on his luxury yacht checking out the birds in Monaco, I shall sit in my Greek Hovel, clocking the snakes and rats and not having to meet another human all day. I think we can safely say that neither of us would want to swap! I hope we both have a relaxing and stress free summer. Anyhow here's the video from the show. Enjoy.

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16 May 2016, 09:59 | By David Scott |

Never before in history have Central Banks done so much to achieve so little

The U.S. dollar's overwhelming position of dominance in the global financial system poses risks to world financial stability, but it's not clear that a more diversified arrangement would be any safer, the Bank for International Settlements said on Tuesday. The global system's biggest weakness is its inability to prevent the boom and bust build-up and unwinding of hugely damaging financial imbalances, said Claudio Borio, Head of the BIS Monetary and Economic Department in a speech in Zurich.

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16 May 2016, 09:47 | By Tom Winnifrith |

Video: The Balloon Debate from UK Investor Show - now this was fun

This was meant to be just a fun debate to start the day with a few laughs. Girly swat Chris Bailey took it really seriously but other competitors myself, Malcolm Stacey, Colin Bird, Dominic Frisby were more relaxed. Speaking for gold Andrew Bell was so relaxed he forgot to turn up but Jan Nelson stood in at the last minute. I explain what a balloon debate is in the video. Enjoy.

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16 May 2016, 09:31 | By Tom Winnifrith |

Spoof, spoof, spoof - Mark Gustafson buys more Challenger shares: KEEP SELLING

I explained on the previous occasion that Mark Gustafson, the CEO of Challenger Acquisitions (CHAL) announced that he had bought lots of shares that he was spoofing. Now he is at it again but it even the dumbest moron must now realise the spoof is not working.

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: