Perhaps that is why drowning in debt Avanti Communications (AVN) has been unable to hit any of its targets and perhaps it is why it is going to run out of cash his year. It seems that the price it can charge for satellite capacity has fallen by up to 80%. Who says so? er...
Post the Dragon's Den sessions we found ourselves owning shares in Berkeley Energia (BKY). Steve and I reckon these shares are worth at least 45p, watch the video to see why we are so excited. Incidentally when we first tipped them at 20p, Brokerman Dan Levi said this was a rotten tip and stuck the knife in. Time for an apology Mr ex bank robber?
Hello Share Slickers. I’ve already featured the bulletin board darling, Advanced Oncotherapy (AVO) this week. But as I’ve currently spent a large wodge of time researching this interesting share, it would be a waste not to bring you a bit more info and opinion on a share which has risen like a rocket and fallen like its stick. I think that fall has been overdone and punters are possibly waiting in the wings for a bit more news before they return to the stock.
Shares in Wishbone Gold (WSBN), which is still not doing a placing as a certain ex bank robber insists but instead is raising debt but not for PLC costs, have slipped to 0.475p prompting a couple of readers to ask if Richard Poulden said something bad at the Mining Capital Conference yesterday?
I shall put the photo up later on TomWinnifrith.com but this is the first snake of the current greek trip - day 6 and one down!. I am a modest man, as you know, but feel that I have little to be modest about in saying that this really is a most excellent podcast covering Nostra Terra (NTOG), Avanti Communications (AVN) and a new lawyers letter,, Outsourcery (OUT) and LGO Energy (LGO) all in some detail.
BlueBird Merchant Ventures (BMV) is a stock that has not flourished since gaining a Standard Listing on the LSE on April 20th. Listed at 5.75p the shares now trade at 3.5p - 4p but that makes them look very cheap. They could double from here, easily.
Having in February seen its shares slump further on potential foreign exchange business fraud and in March announced an increased net cash outflow, pioneering cash-burning machine (sorry, “pioneering technology success story… revolutionising global payments”) Earthport (EPO) has announced… “nil-cost share awards under 2016 Long Term Incentive and Retention Plan to the members of the executive management team”!?! …
Steve Moore and I like Distil (DIS). Indeed, thanks to Steve, we now own the shares following a Dragon's Den pitch at UK Investor Show. Here is head honcho Don Goulding to tell you more.
An RNS announcement from Westminster Group (WSG) entitled “Financing & Trading Update”, the shares currently down approaching 17%, at 8p, in response. Uh oh, I think I can guess what’s happening here…
This short presentation by Nigel Somerville and Mr & Mrs Bagot went ahead in the face of fascistic legal threats from the disgraced pensioner mugging broker WH Ireland (WHI). This fight goes on. You will be shocked by this video.
There was I trying to get an early night's sleep and who should call, blissfully unaware that I was on Greek time. It was Stefan Oliver of MX Oil (MXO) concerned that the morons had told him that I had said that it was trying to get a £4 million placing away at 0.1p. Of course I had said nothing of the sort but Stefan went on the record to clarify the position.
At UK Investor Show on five occasions CEOs appeared on the main stage to pitch to the Dragons (myself, Gary Newman, Steve Moore and Brian Kinane). We invested £15,000 after all these sessions. Enjoy session 5.
I am meant to be on a summer truce with David Lenigas so I shall interpret today's RNS from Lenigas Cuba (CUBA) as poor David being hoodwinked by the company he is meant to have done a JV with. That company is Commercial Funded Solar Ltd.
I believe shares in Ariana Resources (AAU) are cheap and am happy to hold. Indeed we bought more after the UK Investor show. See what you think as Kerim Sener presents.
In that rarest of moves for an AIM-listed company, Berkeley Energia (BKY) has announced new financing from a major shareholder which includes new equity at a premium to the currently prevailing share price. Following several months of due diligence, mining-focused private equity firm Resource Capital Funds is to provide $5 million through a 0.375% net smelter royalty and a further $5 million for new shares at 32p each. The latter compares to a closing high share price since 2013 of 31.75p earlier this month and a pre placing close of 30.25p – these up from 26p at the start of the year and more than 50% on our share tip.
Do you understand bitcoin and blockchain? No. Neither do I. At UK Investor Show a panel organised by Coinsilium (COIN) including Dominic Frisby tried to explain the excitement and the investment opportunity.
Hello Share Crafters. In the past I’ve probably written too many pieces on a medical share which I like. During that period, I’ve seen the shares rise from 2p to 17p. Sadly, the share price has reversed back to 6.5p. And the worst of it is I bought a shedload more shares when they were around 10p. I refer, of course, to that darling of the bulletin boards Advanced Oncotherapy (AVO). I haven’t featured the company for some time now and it’s probably worth an update.
“MediaZest (MDZ), the creative audio-visual company, is pleased to announce that it has raised £250,000 (before expenses)… The net funds raised will be used to help deliver current and future projects for existing clients including Hyundai, Adidas, HMV, Diesel and Kuoni. The funds will also provide MediaZest with additional working capital and will help the company to develop new business opportunities and expand the client base”. Hmmm – the amount sounds much more like a ‘keep the lights on’ placing to me. Let’s take a look...
In this podcast I start with Baby Bear, Graham Neary, and why he is wrong on Fastjet (FJET). The trouble is that he is being too nice. Baby, try to remember that we bears are meant to be complete and utter bastards. I then discuss my own Greek planning woes and those of Minoan (MIN). Then it is onto e-therapeutics (ETX) and today's RNS which stinks to high heaven. This is now an A1 bargepole stock. I then cover Atlas African (AAI), Andalas (ADL) - what price the next placing? - Hague London (HNL) and MX Oil (MXO) again what price its next placing? 0.1p looks about right to me.
AIM-listed Hotel Chocolat (HOTC) only listed yesterday morning and already I've had an email from a reader pointing to a few problems in the Admission Document. Issues such as conflicting dates, whether a liability is current or not (for the same period, and signed off by the same auditor) and so on. Oh, and there there is the small matter of an aquisition just a couple of weeks ahead of the IPO - with directors noted as being substantial shareholders. I'm sure there are perfectly rational explanations for what follows, but for the avoidance of doubt and in the light of what follows I wouldn't touch this stock with a bargepole. Bearing in mind the cost of the admission paperwork, the sloppiness (if that is what it is) is shocking. Over to our reader....
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 MoneySwap, the Filthy Forty constituent that has this week requested to be dropped from the AIM market.
Making money from shares is simple. Well it should be. Buy cheap. Hold. Hold. Hold. Hold, and finally sell when the shares have delivered you big gains. Where so many folks go wrong is getting impatient and not being prepared to hold, hold, hold. Let us tell you about Symphony Environmental (SYM) which we tipped at a 6.75p offer just over three years ago. It did nothing for ages....
Before I call it a day I want to see the victims of the African Potash (AFPO) fraud get some of their money back, even if some of those victims were fairly beastly to me as I exposed the fraud. Friday's bombshell from Potash shows the game is up but the big frauds happened before this worthless enterprise was booted off AIM. To that end I have been working to help put together a legal action. That action is now almost underway and Peter Petyt, the man running things, wrote to more than 50 victims who have come forward at the weekend. If you lost money and want to try to get it back it is not too late to contact Peter. His letter & contact details follow.
AIM-listed Advanced Oncotherapy (AVO) Exec Chairman Dr Michael Jeffrey Sinclair has, according to the OpenCorporates.com website, served as an officer of 155 companies over his illustrious career. With Advanced Onco facing a few issues of cash as it tries to get its Harley Street facility installed and running, it is perhaps worth a gander through this record. Here are the first 29 listed on the OpenCorporates.com website (actually it is 30, but one appears to be a double entry so has been removed).
On tipping shares in Metal Tiger (MTR) earlier this month, we noted an oversubscribed (initially £3 million, but then £4.29 million) fundraising through well-known North American natural resources name Sprott. Tiger has now announced the closing of the funding…
BNN Technology (BNN) published its Annual Report last week along with an update on its current cash position and the appointment of a new Non-Exec Chairman. The share price has rallied 6% but is still shy of the 80p at which broker Mirabaud recently raised £25 million - and, looking through the bluster, there are some serious issues that holders might care to consider.
Artificial political constructs never last. The EU is great for the “elites” in Brussels; not so much for the average citizen and the tragedy of monetary union is that Europe's political class has gone to extreme lengths to hold the euro together regardless of underlying economic logic. But this has only perpetuated and exacerbated the coming political crisis. "Monetary union has created a conflict between a centralised elite on the one hand, and the forces of democracy at the national level on the other. This is extraordinarily dangerous,” Mervyn King wrote in his recent book 'The End of Alchemy'.
Hello Share Snappers. It’s a bit disconcerting when you elect a share to bring to your notice and then find it appears on the list of most shorted shares on this stupendous website.
This week's contest is graciously sponsored by African Potash, AIM, NEX, Chris Cleverly vehicle that is bound to hit the stratosphere.*
In this video from the storming success that was the 2017 UK Investor Show, Chris Bailey of Financial Orbit and Johnny Hon of Global Group discuss: Is China a Fraud-ridden bubble? And make sure that you keep April 21 2018 free for next year's UK Investor Show.
Friday, we asked you to caption the photo inside in recognition of the snap election. The results seem to show that ShareProphets readers are neither Labour voters nor CloudTag fans.
Another day and another ramptastic "Operations Update" from Andalas Energy (ADL). Operations is a bit of a strong word as Andalas does not really have any. It should really have been "Jam Tomorrow" update but then again tomorrow suggests the jam may arrive which, given the track record of this dog, looks unlikely. What will arrive on Friday is a demand for £500,000 and as Andalas has sod all cash and is burning what it has at a rate of knots that is a bit of a problem. Oddly this is not mentioned in today's RNS.
In this video from the storming success that was the 2017 UK Investor Show, Nigel Wray and Tom Winnifrith invest £8000 in two AIM shares to benefit Woodlarks. And make sure that you keep April 21 2018 free for next year's UK Investor Show.
In this video from the storming success that was the 2017 UK Investor Show, Paul Scott finds Nigel Wray's and Paul Mumford's investment strategies. And make sure that you keep April 21 2018 free for next year's UK Investor Show.
I previously wrote on WANdisco (WAND) in January – ‘one quarter does not an investment make, but offers some encouragement for shareholders’. The following updates with the shares currently on the rise on the back of a “Significant customer win and Q1 update” announcement…
After all the fussing and moaning about Tom leaving the site to pick olives or raise snakes or whatever it is he's doing, and following a spectacular week where the most popular story was written by yours truly, we have come to what we all expected in the first place. The number one story this week is General Election June 8th - Surely there is no doubt as to the outcome, there is no uncertainty now, written by one Tom Winnifrith.
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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