ShareProphets

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


10 June 2016, 09:32 | By Cynical Bear |

Boxhill Technologies – I bet those new Emex shareholders are pretty confident in the future…..oh, hold on

I understand that one can have too much of a good thing so I was going to leave Boxhill Technologies (BOX) alone for a while, but yesterday’s RNS relating to the issuance of shares set me off again – bloody jokers.

10 June 2016, 09:29 | By Malcolm Stacey |

As the Motor Trade Motors, This Expanding Firm Could Wheel in Some Profit.

Hello Share Sailors. Having just completed a six-hour car marathon from South Wales to York, I can attest that the British obsession with motor cars shows no sign of slowing down. There were times when the motorways I traversed were so clogged up, that I wondered if I would ever get there.We all know that car sales in this country keep breaking records, despite the general moans about people not having enough money to buy homes and eat.

9 June 2016, 16:52 | By Nigel Somerville, the Deputy Sheriff of AIM |

F40 MoneySwap and PCG Entertainment – a look back in history at the former chairman and his brother. It’s a game of two halves….

Picking up on Cynical Bear’s footballing analogy and having previously wondered whether there might be a skeleton in the cupboard of ShareProphets AIM-China Filthy Forty MoneySwap (SWAP) in the light of last week’s ‘fessing up by fellow Filthy Forty PCG Entertainment (PCGE), further digging reveals a festival of Red Flags. Look no further than the previous stamping ground of MoneySwap and PCG Entertainment (PCGE) former chairman, Mr Kung Min Lin, at Power Capital Global Limited (PCGB), which started life as Sportswinbet (SWB) in 2005. Here are the first half highlights.

9 June 2016, 14:04 | By Tom Winnifrith |

Tom Winnifrith Bearcast: Ahead of a trip to Paddy's House

The excitement mounts - we are soon off to vist the house of superhero Paddy Leigh Fermor as I explain HERE. Ahead of that I look at: Ascent Resources (AST), Volex (VLX), Advanced Oncotherapy (AVO), African Potash (AFPO), Blenheim Natural Resources (BNR), Fastjet (FJET). Aureus Mining (AUE) and China New Energy (CNEL).

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9 June 2016, 12:10 | By Steve Moore |

AO World – full-year results, do the numbers reflect “deliver(ing) huge benefits to the business”?

Online electrical retailer AO World (AO.) has announced results including that “the consistent focus we place on delivering amazing customer service along with the investment we have been making in our brand continues to deliver huge benefits to the business” and that “trading in the current financial year has started well”. The shares though are now down 6%, to 157p, on the back of the announcement. Hmmm, let’s take a look...

9 June 2016, 11:55 | By Graham Neary |

Fastjet - Breaking: New CEO brings glimmer of hope

One of the key demands from major shareholder Sir Stelios has been that Fastjet (FJET) hires a competent new CEO. While it has taken longer than expected, we have breaking news today via RNS that a new CEO has indeed been found. From an operational point of view, this should be a game-changer.

9 June 2016, 11:03 | By Tom Winnifrith |

Breaking: Provexis - working on Placing, will issue shares at 0.15p ( maybe lower)

Ooops a daisy another day and another scoop and another hugely discounted placing revealed by yours truly. Apologies to Paul Scott if he was suckered into this one too by a ramptastic trading statement on May 31 but with shares in Provexis (PXS)  trading at 0.26p-0.29p this perennial uber-dog with fleas is passing the hat around again. Time for a statement hapless Nomad & broker Cenkos?

9 June 2016, 10:19 | By Nigel Somerville, the Deputy Sheriff of AIM |

Tern – “Acquisition” RNS: er, actually….

This morning AIM-listed investment company Tern (TERN) released an RNS entitled “Acquisition”. In fact the news was that the previously announced acquisition on Flexiant Ltd is all off, at least for now. This raises a few questions.

9 June 2016, 10:11 | By HotStockRockets |

Minoan - very good news from Greece: BUY

Most recently updating on Minoan (MIN), we noted the lodging of appeals following the issue of a Presidential Decree granting land use approval for the company’s leisure resort project in Crete. It has now updated on the appeals hearing date.

9 June 2016, 09:48 | By Nigel Somerville, the Deputy Sheriff of AIM |

Filthy 40 China New Energy – placing and rampfest, BARGEPOLE!!

ShareProphets AIM-China Filthy Forty play China New Energy (CNEL) has seen its shares heading higher in the last few sessions on the back of expectations of contract developments in Zambia. It is all still yet to be confirmed, of course, and in any case the mooted deal seems a tad incestuous to me. Oh, and it involves an Investment and Protection Agreement (IPPA) – whatever that may be (but I fancy that an IPPA is a different thing to a contract!) Well blow me down with a feather: this morning we had a placing announced – at a very healthy 25% discount to yesterday’s close.

9 June 2016, 09:09 | By Cynical Bear |

SyQic– potential takeover but someone of a SyNical nature may fear a CEO stitch-up

I have been following the story of SyQic (SYQ) closely ever since a double whammy of late night RNS’s on 20 April with a bizarre trading update and a takeover approach from the CEO. I fear it could go horribly wrong.

9 June 2016, 09:06 | By Gary Newman |

Distil still offers longterm potential and is a buy

Distil (DIS) was one of my tips for 2016 on ShareProphets, and the share price has performed very well so far this year, up 20% or so. The shares are now 1.15p mid. They will go far higher.

9 June 2016, 08:55 | By Malcolm Stacey |

To Shell and Back. The Case is Royal Says My Old Dutch.

Hello Share Plungers. I’ve been teetering round some serious Royal Dutch Shell (RDSA) research for a week or two now. That’s because I - along with a goodly few other City commentators - expect the price of Brent to skid upwards. But why buy Shell shares in preference to those  offered by all that competition? Because of size mainly. Shell is probably too big to fail and if that oil price keeps bubbling up, then good old Shell we will among the biggest beneficiaries.

8 June 2016, 16:39 | By HotStockRockets |

React Interims: buy

Specialist cleaning and decontamination group REACT (REAT) has announced results for its half year ended 31st March 2016 and that “since the period end the group has traded well”.

8 June 2016, 16:32 | By Tom Winnifrith |

Tom Winnifrith Bearcast- China Fraud specialist Paul Shackleton & the accounts cock up at Croma

He has emerged again from under another stone. Now at disgraced WH Ireland (WHI), Shackleton represent a company called Croma (CSSG) which has not covered itself in glory today. I take a detailed look under its bonnet. Ho Ho ho. I do the same for Ambrian (AMBR) where Richard "piggy" Chase once worked and then discuss Nyota (NYO) which he trainwrecked suggesting a fair price for the placing it urgently needs. Ouch! And there are a few words on corporate governance, executive greed and Advanced Oncotherapy (AVO)

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8 June 2016, 15:56 | By HotStockRockets |

More Positive News from Jubilee Platinum

Jubilee Platinum (JLP) has updated that its “Dilokong chrome mine tailings team and chrome plant continue to outperform the original design numbers as the project starts to generate revenues and earnings from chrome concentrate sales”.

8 June 2016, 15:35 | By Tom Winnifrith, The Sheriff of AIM |

Advanced Oncotherapy - a joke valuation at 6.625p ( £93 million) - part 1

One is not allowed to be beastly to companies that claim to be tackling cancer since we are all terrified of the big C. In fact cancer overwhelmingly affects old folks and so if ALL cancer was eliminated tomorrow,global life expectancy would increase by just 4 years. If we really want to change the world we'd be tacking the reason why younger folk die in poor countries rather than why older folk shuffle off this mortal coil a few years early in the West. But, heck, who cares about the darkies, let's look after folks closer to home. We are still all scared witless by the big C and if you have cancer or are close to someone who does you have my deepest sympathy. But it is that cloak of "we are doing good" that allows some folk to, if you will excuse the pun, make a killing. I today start a new series on Advanced Oncotherapy (AVO) by looking at boardroom pay.

8 June 2016, 12:11 | By Steve Moore |

Sanderson Group – 2016 interim results & management chat

Provider of digital technology and enterprise software for businesses operating in the retail, manufacturing, wholesale distribution and logistics sectors, Sanderson (SND) has announced results for the six months ended 31st March 2016 and “a good level of confidence that the group will continue to make further progress and deliver trading results in line with market expectations”. The following updates post a chat with management…

8 June 2016, 11:02 | By Chris Bailey of Financial Orbit |

Sainsbury's does vinyl..are the shares a hit or a flop?

If you are interested in retail shares then one of the more sensible uses of your research time would be to become familiar with the output of Kantar. Even for cheapskates like me there is a reasonable flow of free insights from the business research consultancy to provide a bit of colour. 

8 June 2016, 10:09 | By Cynical Bear |

Xtract – results out and surprise, surprise, the numbers make no sense!

One of my first pieces on this site back in January (HERE) highlighted the clear discrepancy between the half-year results of Xtract Resources (XTR) and all the ramping RNS’s beforehand. Despite assurances to the contrary, it appears that some things never change. Xtract announced its full year results yesterday and the revenue for the full year was £350,000.

1 hour ago | By ShareProphets |

The May edition of the UK Investor Magazine is live - Tips, UK Investor Show photo feature, and the the end of the EU

The May edition of the UK Investor Show Magazine is live featuring three share tips from Gary Newman, the Greek meltown is worse than everyone thinks, and the EU is not fit for purpose plus a photofeature from the 2017 UK Investor Show.

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6 days ago | By ShareProphets |

New Bulletin Board Moron of the Week Contest - sponsored by Quindell founder & fraudster Rob Terry

This week's sponsor, serial company founder Rob Terry, has been in the news this past week over a lawsuit brought by Aussie legal poltroons Slater & Gorden claiming to be deceived over the legal division that they bought from Quindell. Slater & Gordon will probably do just fine unless Quindell (QPP) or Watchstone (WTG) as it is called these days, points out ShareProphets sent S&G a docket of articles before the purchase went through. Anything to help the boys and girls at Quindell!

6 days ago | By Lucian Miers |

MySQUAR, a total basket case. Sell at 5.1p

I wrote recently about AIM listed BNN Technology (BNN), a flaky and wildly over promoted China tech play, but having had a look at Burmese tech play MySQUAR (MYSQ), BNN looks a solid blue chip.

6 days ago | By Steve Moore |

InterQuest – an angry shareholder writes…

Having announced it is to make a 42p per share offer for InterQuest (ITQ) (Tom made his thoughts clear on the offer HERE) the following features the management buyout team’s (Gary Ashworth, Christopher Eldridge and David Bygrave, (‘Chisbridge’)’s) reasonings for the offer (in bold italics) and my responses following…

6 days ago | By Darren Atwater |

Notes from Underground: Greece is the word

So, considering that Tom Winnifrith is away with his wife and his in-laws, away from the Greek hovel, and spending time at some Greek luxury resort, the first non-Tom story is CloudTag – Some great news, Amit Ben-Haim is all yours now by Cynical Bear at number 9.

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6 days ago | By Cynical Bear |

Worthington: Newco website launched – initial thoughts

At last I hear you cry. It is finally here after months of foreplay - the new Newco website. Delights awaited no doubt but I wasn’t quite sure what form they were going to take. Anyway, it was with baited breath that I clicked on the address indicated in Aidan’s latest blog to ascertain what was behind those gilded gates. Noble Resolve has arrived – let’s take a look.

6 days ago | By Gary Newman |

Time to buy Vedanta before the release of results in the UK

Vedanta Resources (VED) was one of my best performing shares during 2016, and after a significant pullback in the share price in recent months it is well worth considering buying back in at current levels.

6 days ago | By Tom Winnifrith |

Open letter to Tony O’Reilly Jnr ahead of Providence Resources AGM

I do not always agree with Richard Jennings of Align Research. As you know he has some crazy views. But on the subject orf Tony O Reilly Jnr and Providence Resources (PVR), Jennings is bang on the money. Ahead of the AGM he has written to O'Relly. The letter follows: 

6 days ago | By Tom Winnifrith |

Where the US leads we will follow - let's start with a property crash and retail-aggedon

I keep saying this till I am blue in the face but most asset classes are global. The idea, therefore that property prices can crash in New York and San Francisco but just keeo melting upwards in other global cities like London is just nonsense.

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5 days ago | By Malcolm Stacey |

After Falling to Earth, This Sci-fi Share May Rocket, Once Mr Spock Locks On

Hello Share Scoopers. There have been quite a few occasions now that I’ve commended a Footsie satellite company to your attention. On each mention, as I recall, the share grew in value. However, last year the shares took a big knock.

5 days ago | By Nigel Somerville |

Is Tom Winnifrith right to out companies doing placings?

The busting of a placing by AIM-listed UK Oil and Gas (UKOG) at 1p by Tom Winnifrith has caused a bit of controversy. It is not the first time he has been accused of being irresponsible by blowing the lid on a placing only for it to be pulled or the price dropped. Anyone left holding the baby gets their fingers burned – in the recent example quite badly if they had been buying into the ramp at north of 1.4p only to see the company raise cash at just 0.8p. Is it right?

1 hour ago | By Tom Winnifrith |

New Bulletin Board Moron of the week sponsored by Granny Snuffs & Wildes

The nauseating Mail on Sunday fawned upon Pippa Middleton and her ghastly family as they celebrated the "wedding of the Year"Bring on the revolution! But perhaps the real wedding of the year should be between our two very own in-house Bulletin Board Morons GrannySnuffs & Wildes who seem made for each other. can you find examples on the LSE Asylum, iii, ADVFN or twitter of comments more idiotic than those of our own dream team? If so post in the comments section below, the deadline is midnight Sunday 28th May.

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5 days ago | By David Scott |

Elect a clown, get a Circus

"A credit crunch is brewing and when it happens, the UK is going to get hurt."  These are not my words but the start of the Editorial in this weekend’s Guardian. The article then went on to say "That is the message emerging from senior executives in the financial services industry, who do not think Britain has changed that much since the 2008 credit disaster and the devastating crash that followed. Three developments lie at the heart of this disturbing analysis: spectacular growth in the sale of second mortgages, car loans and credit cards." I would heartily agree with these comments as this is my experience too. But what the article fails to say is that the UK is not alone in this debt bubble - once more it is a Global issue.

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3 days ago | By Nigel Somerville, the Deputy Sheriff of AIM |

Advanced Oncotherapy – just what are the terms of the Bracknor funding?

AIM-listed Advanced Oncotherapy (AVO) has this morning announced another conversion of death-spiral loan notes by Bracknor. That is not news – there have been plenty already and there are many more to come. But for the third time in succession we seem to have different terms being applied. Surely it is time for the company to tell the market what is going on?

5 days ago | By Tom Winnifrith |

Malcolm Stacey misquotes me but is wrong about Inmarsat anyway - don't fight the tide

Malcolm Stacey is old enough to know about King Canute. In fact he is so old that he was there as a boy when the King sat in his chair on the beach and attempted to turn back the tide. Malcolm surely you remember the day as if it was yesterday? In which case why do you forget this valuable lesson when it comes to Inmarsat (ISAT) and your article today in which you misquote me and get it wrong in so many other ways.

1 hour ago | By ShareProphets |

The May edition of the UK Investor Magazine is live - Tips, UK Investor Show photo feature, and the the end of the EU

The May edition of the UK Investor Show Magazine is live featuring three share tips from Gary Newman, the Greek meltown is worse than everyone thinks, and the EU is not fit for purpose plus a photofeature from the 2017 UK Investor Show.

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1 hour ago | By Tom Winnifrith |

New Bulletin Board Moron of the week sponsored by Granny Snuffs & Wildes

The nauseating Mail on Sunday fawned upon Pippa Middleton and her ghastly family as they celebrated the "wedding of the Year"Bring on the revolution! But perhaps the real wedding of the year should be between our two very own in-house Bulletin Board Morons GrannySnuffs & Wildes who seem made for each other. can you find examples on the LSE Asylum, iii, ADVFN or twitter of comments more idiotic than those of our own dream team? If so post in the comments section below, the deadline is midnight Sunday 28th May.

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2 days ago | By Steve Moore |

Petrofac – shares crash further on update on SFO investigation

An “Update on Serious Fraud Office Investigation and Board Change” announcement from Petrofac (PFC) sees the shares currently crashing further in response...

1 day ago | By Tom Winnifrith |

BREAKING: Shamed Ramper Roger Lawson "departs" ShareSoc after bust up with chairman

So why did disgraced Roger "Ramper" lawson finally leave ShareSoc? Oddly the campaigning group has yet to make a statement on the sudden departure of shamed Lawson. Was he caught using the ShareSoc twitter account to send vile messages to settle personal scores again? Was he caught ramping frauds and other shares in which he had undisclosed holdings again? Was he caught smearing fraud busters whose activities hurt his portfolio again? er ...no.

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21 hours ago | By ShareProphets |

Not all our share tips give readers 12 day profits of 77% some take longer - catch next hot tip TODAY for just £5 + the Falanx excitement and will we make another 100% on Obtala

Four times in the past three or four months we have advised our readers to bank big gains on shares we tipped - the one before the one before last was a 77% profit (offer to bid ) in just 12 days. But though we target quick gains, most tips take rather longer to make money for our readers. take Falanx (FLX) we tipped it last year at a 4.75p offer - it is a solid cashed up fast growing cyber security play. We like it so much we own a few shares too but won't be selling any of them till after our readers bank big gains. The shares are now 9.5p -10p! That is a potential 100% offer to bid profit!

1 day ago | By Tom Winnifrith |

PCGE - valuation crackers

I am innundated with lunatics and spivs tweeting me that shares in PCG Entertainment (PCGE) are cheap. It is the ramp de jour among the Bulletin Board lunatics. But at 0.15p the valuation is bonkers. Let me explain.

2 days ago | By Tom Winnifrith |

Arian Silver: Pump & Dump, Mislead Investors, Executive Greed - why do I bother?

A chap for whom I have some time some of the time asked me why bother sticking it to Arian Silver (AGQ), a worthless piece of crap on AIM. Will it make any difference to the charade, to the game which sees userless tossers like Arian's CEO Jim Williams get ever richer, crony capitalists earn fat fees and investors get buggered again and again and again. No. My writings won't change that. And the chap is right in that it will just make a few more pathetic wretches who would rather lose money than accept the truth hate me. Yup. He is right. 

1 day ago | By HotStockRockets |

Kefi Minerals - revised DFS published - look at NPV! BUY

Kefi Minerals (KEFI) has published a new DFS ( Definitive Feasibility Study) for the Tulu Kapi project - its first since 2015 and its last before it completes its financing needs and heads towards the construction of an open pit gold mine in Ethiopia.

24 hours ago | By Tom Winnifrith |

Billing Services - another Jim Mellon backed AIM disaster: don't go bottom fishing

Oh dear, this has all the makings of another AIM disaster for my good friend the offshore based asset stripper Jim Mellon. But look on the bright side Jim, you have probably lost far more of your wealth with HK dog Regent Pacific, whose shares continue to tank in an alarming fashion. Anyhow, back to the home grown disaster stories. Shares in Billing Services (BILL) are down again today to 2.875p valuing this company at £8.1 million. that looks awfully generous.

1 day ago | By HotStockRockets |

Amryt - Very Upbeat AGM - upgrade ahead??

Amryt Pharma (AMYT) held its AGM yesterday and the statement seems to hint that forecasts are going to have to be raised. It is a very bullish statement indeed. The company states:

2 days ago | By Steve Moore |

Proxama – not just “New Contracts”, but new “revenue generating contracts”. Ooooh…

Having recently concluded on Proxama (PROX), the explicit inclusion of “should it require further working capital” suggests to me it very much will, I note an announcement today that the company “is pleased to announce four revenue generating contracts for its Proximity Marketing and Data Division”“Revenue generating” rather than any useful financial information hey? And an ‘RNS Reach’ (i.e. not regulatorily significant) announcement hey? Ramptastic!...

1 day ago | By Malcolm Stacey |

Biffa Is not For Bears and Shareholders Could Have a Beano

Hello Share Swillers. Apparently we all like the idea of our waste not being wasted. Most of us religiously sort our recyclable rubbish from the non-recyclable into the correct bags and containers. And it’s this liking for not wasting our waste which a company called Biffa (BIFF) thrives upon.

1 day ago | By Nigel Somerville |

Servision – great news for Cynical Bear’s Sub-Standard Shockers XI

You really do have to feel sorry for Cynical Bear. One minute he has a fully fit squad to choose from and then one by one they drop like flies, either with fitness issues or just simply keel over. I’d been getting a bit concerned that he’d struggle to put out a full team, but out of the blue there is good news for him. No need to turn to the back pages of the tabloid press for the big stories of sporting drama, we have it all here at ShareProphets: AIM-listed Servision (SEV) is to put in a transfer request. 

2 days ago | By Tom Winnifrith & Steve Moore |

Sanderson Group – interim results and management chat

November 72p offer price share tip, Sanderson Group (SND) has announced results for its half year ended 31st March 2017 and that it has “a good level of confidence that the group will continue to make further progress and deliver trading results in line with market expectations for the current year”.

21 hours ago | By Steve Moore |

Plastics Capital – placing to help “satisfy increasing demand”, but also dividends ‘suspended’. Hmmm…

“Placing to raise £3.74 million” announcement from Plastics Capital (PLA), including to enable it “to satisfy increasing demand for the group's products and thereby accelerate organic growth”. With also a relatively limited 4.5% discount to the prior 122.5p closing share price, sounds reasonable enough. But what’s that? It is to “be augmented by the decision of the board to suspend dividend payments for at least the next two scheduled payments”. Hmmm...

1 day ago | By Steve Moore |

Portmeirion Group – AGM update sounds encouraging, but how so is it really?

An “AGM Statement” announcement from Portmeirion Group (PMP) commences that total group sales are up 26% for the four months ended 30 April 2017 relative to the same period last year” and includes “pleasing performance of the company to April 2017”. Sounds encouraging…

24 hours ago | By Steve Moore |

21st Century Technology – from “good” recent progress in December, to now-stated “poor” second half 2016 financial performance!

Fleet and passenger systems company 21st Century Technology (C21) has, tardily, announced results for the 2016 calendar year, though with CEO Russ Singleton emphasising “we made real strides last year with major framework renewals, organisational restructuring and innovative new sales”. Sounds promising. However...