ShareProphets

Friday 24 March 2017 The one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares


11 April 2016, 11:45 | By David Scott |

People will ignore the facts until it is too late.

The main lesson to be learned from market history and particularly from yield-seeking bubbles is not that valuations are irrelevant, nor that central bank intervention is capable of sustaining bubbles permanently, but that Investors fall prey to the delusion that easy money can support stocks once risk-aversion sets in (recall 2000-2002 and 2007-2009). Investors must not make the same mistake of discarding the essential lessons that valuations have taught in complete market cycles across a century of history.

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11 April 2016, 10:33 | By Tom Winnifrith, The Sheriff of AIM |

FastForward - offshore acquisition - what is it hiding?

Offshore based Jim Mellon's uber-ramped FastForward Innovations (FFWD) has today announced that it is spunking $3.5 million on buying 29.5% of Frails LLC, the owner of Leap Gaming, it will soon go to 41.5% at a total cost of $3.5 million so valuing this strange enterprise at $8.4 million.

11 April 2016, 08:35 | By Malcolm Stacey |

There's a Huge Divi Here, for Those Brave Enough to Try Mining Again.

Hello Share Scoopers. It takes a bit of nerve these days to invest in a big miner. Many of us have lost a packet as the world commodity market hit the skids a couple of years ago and has yet to recover to a comfortable level.

11 April 2016, 08:03 | By Pizza Hardman Darren Atwater |

March edition of the UK Investor Show magazine - Beware the coming crash + 5 share tips

The March edition of UK Investor Show magazine is now live featuring Tom's interview with Peter Hambro, chairman of Petropavlovsk, five tips, company profile on SafeStyle, how to make money from EIS shares, 5 share tips and more. You can download your free copy below.

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10 April 2016, 17:11 | By Tom Winnifrith |

NEW: Bulletin Board Moron of the Week Contest (10/16) - no-one beat Carl Meiring last week

Last week I asked if anyone could find a bigger bulletin board moron than Ascent Resources (AST) shareholder Carl Meiring. Poor Mr Meiring seems to have had rather a bad week but at least he gets another 15 minutes of fame. With Ascent shares now at 1.75p to sell Carl's tweet of last Monday is unbeatable although as you can see HERE there were many other strong entries. 

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10 April 2016, 17:05 | By Tom Winnifrith |

David Lenigas struggles by on 36 foot yacht caption contest results

There was some oustanding abuse handed out to disgraced journalist smearer and fat Aussie share ramper David Lenigas in our latest caption contest as you can see here. The winner?

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10 April 2016, 16:05 | By Tom Winnifrith, The Sheriff of AIM |

Tom Winnifrith Bearcast 10 April - hang FTSE fat cats from BP & elsewhere up with piano wire

FTSE 100 fat cats are in the news. They should be strung up with piano wire. I say this as a capitalist my father, a deluded lefty, nods in agreement in the background as I record. I should record that the old lefty was a managerial fat cat this morning as I dug his garden as an exploited worker. Referencing BP in particular I explain who is failing us and why it cannot go on like this.

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10 April 2016, 15:50 | By Nigel Somerville, the Deputy Sheriff of AIM |

F40 Origo Partners set to remain suspended until (at least) late July

On Friday at 5.36pm, no-one-is-watching o’clock, ShareProphets AIM-China Filthy Forty member Origo Partners (OPP) updated on court proceedings in the Isle of Man with regard to the winding-up petition presented last month.  The trial date is set for Friday 22 and Monday 25 July, which means that shares in Origo will remain suspended pending financial clarification until then. Unless, of course, Nomad Smith & Williamson decides enough is enough and resigns.

10 April 2016, 15:49 | By Tom Winnifrith |

Video - Peter Schiff explains it all, the economic recovery just is not real

Once again Peter Schiff is on cracking form explaining why the bogus economic recovery is not real. The short video below is a classic

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10 April 2016, 14:51 | By Nigel Somerville, the Deputy Sheriff of AIM |

The ShareProphets Academy speaks: EBITDA competition winner announced

Last week I asked readers to explain the meaning of EBITDA as I was searching for enlightenment. The standard of entries was superb as you can see HERE.

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10 April 2016, 13:13 | By Pizza Hardman Darren Atwater |

Notes from Underground - Do you kiss your mother with that mouth?

Good God, what is it that really interests you, dear ShareProphets reader? Look at these topics: Homophobic phrasing, alleged David Lenigas smears, ShareSoc's Roger Lawson talking bollocks, and pewter-circle law firm Pinsent Masons partner urging Sefton to smear Tom and Brokerman Dan are all making the top ten. Why aren't you readin Don't Short The Big Short. This Film Is A Master Class in How Top Traders Work.? That's a good piece of financial commentary.

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9 April 2016, 18:32 | By Tom Winnifrith |

Tom Winnifrith Bearcast 9 April - what I take from the Big Short

Malcolm Stacey wrote earlier about what he took from the Big Short - HERE. I took a rather different message as I explain in this podcast recorded with my father's help in Shipston.

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9 April 2016, 16:01 | By Lucian Miers |

Another look at HSS Hire Group PLC - I stay short

As I have pointed out before, it is a very good discipline for investors, when looking at a company, to ask themselves what they would pay for the business before looking at what value the market ascribes to it.

9 April 2016, 15:55 | By HotStockRockets |

Optibiotix - more details on cholesterol study - so far amazing

A bloke in the City said that although results from Optibiotix's (OPTI) trials of its capsular supplement to reduce cholesterol looked great he was so fat that he was beyond redemption. Maybe. But for others results were startling. There is a caveat:

9 April 2016, 14:00 | By Nigel Somerville, the Deputy Sheriff of AIM |

Cloudbuy – GM Circular forces reward for failure down shareholders’ throats

I had a few questions about the funding package which out-of-cash AIM-listed Cloudbuy announced on 31 March. The reward-for-failure options re-pricing already stuck in the throat (see HERE) but the GM circular really takes the biscuit. 

9 April 2016, 13:59 | By Nigel Somerville, the Deputy Sheriff of AIM |

Ascent Resources – RNSs with no Nomad sign-off?

In the midst of the takeover approach by Cadogan (CAD) which fell by the wayside, AIM-listed Ascent Resources (AST) was changing Nomad from finnCap to Stockdale (the former Westhouse). But a couple of RNSs slipped through which did not bear the name of either as Nomad. One wonders why.

9 April 2016, 08:00 | By Malcolm Stacey |

Don't Short The Big Short. This Film Is A Master Class in How Top Traders Work.

Hello Share Swishers. Unlike most other share shifters I know, I’ve never seen Wall Street, the Michael Douglas film. Nor the Wolf of Wall Street. The reason is that I usually found films like this are dummed down and thus not as interesting for people who know a bit about investment.

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8 April 2016, 14:43 | By Nigel Somerville, the Deputy Sheriff of AIM |

Bushveld Minerals – placing ahoy?

AIM-listed Bushveld Minerals (BMN) this afternoon announced the appointment of Beaufort as joint Broker to the company. As fine fellows as they are at Beaufort, and I’m sure they’ll do a jolly good job for the company it does rather look to be a slam-dunk certainty that there is a placing on the way. Back in September 2015 Mirabaud was appointed as joint broker. One wonders how many brokers the company needs!

8 April 2016, 14:23 | By Tom Winnifrith |

Last Chance to Enter David Lenigas yacht & what is EBITDA contests - tonight

There are no prizes at all but the deadline to enter these two contests is no-one is watching O'Clock tonight (Friday), or as they say at the US Oil & Gas (USOP) press office, rush hour. The standard of entries so far as been incredibly high so to see those entries and post your one for EBITDA go HERE and for Jabba's yacht go HERE and e now also have a Call Me Dave tax dodging caption contest HERE

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8 April 2016, 12:10 | By Tom Winnifrith |

Metal Tiger the debate - CEOs should not talk share prices on twitter

I stand accused by Was Shakoor, Doc Holiday and others of being a tad charitable towards Metal Tiger (MTR) in today's BearCast HERE. Folks if you listen carefully you will note that I said the shares were clearly overvalued in relation to NAV. I do however make one observation about a tweet below from Paul Johnson the CEO.

9 hours ago | By Tom Winnifrith |

The March edition of the UK Investor Magazine is live - with why we fight fraud

The March edition of the UK Investor Show Magazine is live featuring 7 share tips, company profiles, interview with Richard Poulden of PCGE, why we fight fraud & fake news on Channel 4, Donald Trump, Marine Le Pen, a look at the banksters and much more.

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4 days ago | By Tom Winnifrith |

Bulletin Board Moron of the Week Contest Sponsored by the FRAUD Cloudtag (again)

It has only just dawned on me that in exactly two weeks time, at 4.30 PM I shall be cracking open the ouzo to celebrate the fact that no Nomad on AIM is so desperate for cash and morally bankrupt that it will act for the fraud Cloudtag (CTAG). And there will thus be an RNS issued to say that it will be slung off the Casino. As that day looms, how will the Bulletin Board Morons spin that as good news? Happy hunting on Cloudtag threads - and others - as we ask you to nominate the most moronic BB posts or tweets in the comments section below. The deadline is midnight Sunday 19th March and, yes, Wildes our pet in-house loon - can nominate his own posts if he wishes.

7 days ago | By Malcolm Stacey |

Four Whiz Bang Shares I'm Topping Up to Benefit from my ISA Allowance

Hello Share Thumpers. I’ve been spending a lot on shares in recent days. The reason is that I’ve not topped up my ISA and, as the financial year is fast disappearing towards a new horizon, I have been selling a few turkeys in my ordinary trading accounts to fund my tax-protected ISA.

7 days ago | By Steve Moore |

Hayward Tyler – new order win as loan repayment can kicked further down the road (though not very far)...

Having recently noted a £2.4 million repayment due to Royal Bank of Scotland on 31st March (Hayward Tyler – announces “new order wins”, but attempted bailout financing dump ahoy?), I now note a further announcement from Hayward Tyler Group (HAYT); “Bank facility update and new order win”...

7 days ago | By Tom Winnifrith, The Sheriff of AIM |

Crown Ocean calls second GM at Bowleven to change the board - again: chairman Allan MUST GO NOW!

This is not the fault of Crown Ocean but of the bastards who have been grossly overpaid for destroying value at Bowleven (BLVN) - the team let by piggy in chief Kevin Hart. As I reported yesterday, disgraced CEO Hart may have been booted off the board by shareholders but he remains as CEO and is still running the company on full ( unjustifiable) pay. This is because Crown has 2 directors but the old regime still has two men on the board and the casting vote with chairman Mr Allan. Thus there is no change of personnel at Bowleven or of strategy. This really is a disgraceful way for directors to treat the folks who own the company - shareholders.

7 days ago | By Tom Winnifrith, The Sheriff of AIM |

A Cloudtag owning moron writes to Tom Winnifrith

Having been cc'd in on a list of shareholders in the AIM listed ( pro tem) fraud Cloudtag (CTAG) leaked in breach of Data Protection laws by the company itself, I could not resist sending them an email pointing them to some high quality covrerage of the stock. I received a few replies. Here is the best of the bunch. I wonder if this clown, a Mr John Simpson,  thinks this will help him get his cash back and if his wife and employer knows that he spends his days sending such emails. I have to feel sorry for the chap who obviously deeply troubled.

7 days ago | By Tom Winnifrith, The Sheriff of AIM |

LSE Asylum – the financial crisis is actually far worse than we previously indicated: where's the Fat Lady?

A couple of days ago I noted how the London South East Bulletin Board ( aka the LSE Asylum) appeared to be heading towards insolvency - HERE. It is the fate which, almost, invariably happens to companies that hire Zak, the Sith Lord, Mir. For Judas is also Jonah. And now a closer examination of its historic numbers shows that the crisis may be far worse than even we thought. Timber!!!!!

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7 days ago | By Nigel Somerville |

Igas – hats off to the board

I never thought I’d be saying this, but it is hats off the to the board which looks to have saved the company. This morning AIM-listed Igas Energy (IGAS) updated on its rescue refinancing and it looks to be a done deal. Shareholders will be feeling the pain, but as we have continually warned as the share price declined this was an inevitable consequence of the financial predicament in which the company found itself, the legacy of the Andrew “Piggy” Austin era. 

7 days ago | By Tom Winnifrith & Steve Moore |

About bloody time ...good news from Petropavlovsk: buy

Petropavlovsk (POG) has updated on its pressure oxidation hub development, with construction activities having fully resumed following bank debt refinancing.

6 days ago | By Tom Winnifrith, The Sheriff of AIM |

Stellar Diamonds fools Digital Look with diamond discovery - it should be ashamed

The roll call of shame on today's RNS from Stellar Diamonds: Nomad Cairn Financial (Emma Earl, that name rings a bell), Broker Beaufort Securities (Jon Bellis), joint broker Peterhouse Corporate Finance (Martin Lampshire), Financial Advisers Mirabaud (Rory Scott), Pr St Brides ( Lottie Brocklehurst). The headline is "709 Carat Diamond Discovered in Sierra Leone." Fuck me: where do I buy Stellar shares? These guys have just discovered the 13th biggest diamond in the country's history. Fuck me again - where is my fucking stockbroker? Oh er hang on...

7 days ago | By Tom Winnifrith, The Sheriff of AIM |

Doubley Disgraced Murray D'Almeida departs the AIM Casino but keeps leaching funds, his lawyers still under SRA investigation: ouzo time

Having helped steer Beacon Hill Resources (BHR) onto the rocks and signing off on the infamous hairdresser share trade I am delighted to see that loathsome Murray D'Almeida was now come a cropper a second time on AIM, leaving the board of Management Resources Solutions (MRS) with immediate effect today. He jumped before he was pushed. But hang on, all is not what it seems.

6 days ago | By Steve Moore |

Ilika – CEO argues “growing confidence in our licensing model”, but in reality it’s forecasts slashed

Self-described “pioneer in materials innovation and solid-state battery technology”, Ilika (IKA) has followed recent “Toyota Funds Collaboration with Ilika” and “Collaboration with Galvani Bioelectronics” announcements with a “Trading update” commencing with that such deals “are resulting in a strong ramp-up of revenue relative to 2015/16”. Good, good… You what? The shares currently down circa 15%, approaching 40p?!?...

6 days ago | By Cynical Bear |

The Worthington comedy continues: Flagship sunk but there’s definitely a Plan D….probably

It’s going to be a sad day when the Worthington (WRN) and Newco saga finally comes to a sorry end as it is comedy gold and Aidan Earley’s latest offering doesn’t disappoint. I thought I’d set out the full “announcement” that came out on Thursday with my commentary.

6 days ago | By Malcolm Stacey |

Could the Wall Street Crash Happen Again? And If so, Will it Come Soon?

Hello Share Tusslers. The majority of private shareholders at the UK Investor Show at Westminster in a couple of weeks’ time will be sitting on huge gains over the year. They will be in a jollier mood than we’ve seen them in a long time.

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6 days ago | By Steve Moore |

CyanConnode – ANOTHER funding!, just how frequently does it require support on ‘journey to commercialisation’?

CyanConnode (CYAN) is “pleased to announce” a successful equity raise of 1,906,912,392 new shares at 0.17p each. Hang on, haven’t I already heard similar since previously reviewing in August?...

6 days ago | By Tom Winnifrith |

Tom Winnifrith Bearcast: Bob Diamond Panmure Gordon & a crap industry

I have been greatly distracted not least dealing with this utterly brain dead and vile Cloudtag (CTAG) shareholder who has been spamming me with the most ghastly abuse all day. I look at the Bob Diamond bid for Panmure Gordon (PMR) and what it means for the wider broking/corporate advisory sector. I then turn to Premaitha (NIPT) and the wider issue of the pointlessness of commissioned research. I touch on Management Resource Solutions (MRS) in light of the news earlier HERE but now the way it is really trying to screw shareholders with a 5p placing. There is comment on Jubilee Platinum (JLP). Then it is back to two old favourites: Advanced Oncotherapy (AVO) and Milestone (MSG). Woof Woof.

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9 hours ago | By Tom Winnifrith |

The March edition of the UK Investor Magazine is live - with why we fight fraud

The March edition of the UK Investor Show Magazine is live featuring 7 share tips, company profiles, interview with Richard Poulden of PCGE, why we fight fraud & fake news on Channel 4, Donald Trump, Marine Le Pen, a look at the banksters and much more.

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9 hours ago | By Tom Winnifrith |

Bulletin Board Moron of the Week Sponsored by London South East

Well this is a company that will sponsor any old crap and let's face it, 95% of Bulletin Board Morons post on the LSE Asylum. As the countdown to the fraud Cloudtag (CTAG) being booted off AIM next week accelerates you kind of sense which stock will be the focus of most entries. The competition rules are simple. Just nominate the daftest post on a BB or on twitter in the comments section below. Once again, our in-house semi-trained loon Wildes is allowed to nominate his own posts. The deadline for entries is midnight on Sunday 26th March. Post away!

1 day ago | By Tom Winnifrith |

Tom Winnifrith Bearcast - Terror attack on London Edition

Clearly this is the story of the day. I reflect on this from various angles. I then move onto Franchise Brands (FRAN) shares in which surged 16% forcing a suspension. No insider dealing here guv, walk on, walk on. Then it is onto Bowleven (BLVN),  Yolo (YOLO), Starcom (STAR) which I may have called Starvest but I meant Starcom, Van Elle (VANL), Nyota (NYO) and finally the uber dog Advanced Oncotherapy (AVO) which is in freefall. Hah! Death spiral shylocks Bracknor your spoof is not working is it! On the subject of terror I mention that evil bastard Martin McGuinness.You should not speak ill of the dead but for this unapologetic murderer  and for those in the media who praise him as a good man I make an exception HERE.  Mr McGuinness was a wicked man who sought no salvation in apology and repentance and, if there is a hell, his soul is right now burning at the heart of it. 

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2 days ago | By Tom Winnifrith, The Sheriff of AIM |

The Joke valuation that is Bushveld Minerals

I explained some time ago why I thought that the management of Bushveld Minerals (BMN) had treated retail investors with clear contempt and why that made the stock uninvestable. In the short term this can go anywhere, in the long run shares in companies run by scumbags usually head south. I wake up and find that the shares are now 7p and so - with a lot of "assistance" from a great broker we can note.

13 hours ago | By Tom Winnifrith, The Sheriff of AIM |

The video that will nail Amit Ben Haim as a 100% liar when the fraud Cloudtag goes Bust

Well fraud fans, the first day of reckoning for the shabby fraud that is Cloudtag (CTAG) looms. If it has no Nomad in place by Monday night next week then its shares will be booted off AIM. Unable then to raise even death spiral funding and with no sales it will go bust pretty quickly. If it was not already close to going tits up it would not have attempted that last gasp discount placing with broker Novum. So, as no Nomad will sign up to act for an obvious fraud the Fat Lady is waiting in the wings. When this does go bust the video below, recorded with morally bankrupt rampers for hire Proactive, should be examined very closely by the Serious Fraud Office as it is damning..

1 day ago | By HotStockRockets |

Optibiotix - Skinbiotherapeutics demerger: Mr Market does not fully realise what good news this is!

Optibiotix (OPTI) has announced - not before time we might note- that the demerger of its 52% unit Skinbiotherapeutics and its own AIM listing is underway. I should cocoa. Book building is cracking ahead on the Skinbiotix IPO. Optibiotix currently has an adjusted 52% of Skinbiotherapeutics.

15 hours ago | By Malcolm Stacey |

It's Now a Ten-Bagger, But The Upward Action is Probably Not Over Yet

Hello Share Sappers. Occasionally armchair tycoons like us come across a little jewel. When it happens, and I’ve commended this share to you previously, it is very tempting to blow my own trumpet. Which is what I now do with Creightons (CRL).

2 days ago | By Malcolm Stacey |

IQE Results May Be a Buying Opportunity as Shares Dip to Profit-Takers

Hello Share Smackers. After a long - and for me nervous - wait, the full results for IQE (IQE) are in. And as I predicted on this terrific website, the shares fell on the announcement.

9 hours ago | By Tom Winnifrith |

Tom Winnifrith Bearcast: Paternoster Resources why cheap could be incredibly expensive

I comment on the hopeless response of smug MPs and the established media to yesterday's terror attack on my own website in a podcast HERE. On the markets I look at expectations management at Next (NXT), at how we know or knew about the balance sheet at Toople (TOOP) covered HERE by Cynical Bear or Advanced Oncotherapy (AVO) heading for 0p and covered in detail by me earlier HERE. I look at Public Services Properties (PSPI ) and what its AIM casino departure says about RTOs and contingent liabilities - which reminds me again of New World Oil & Gas (NEW). Finally I have a detailed look at the strange world of Paternoster Resources (PRS), not a stock you have to own in any way. PS Cynical Bear is not me. Can you see any typos in his articles?

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13 hours ago | By Andre Brand |

Solo's Star Rises with Latest Helium Investment

There was exciting news out yesterday from Solo Oil (SOLO) with its venture into the specialty gas market, it is taking up to a 20% stake in Tanzania focused Helium One Limited .

12 hours ago | By Tom Winnifrith, The Sheriff of AIM |

Advanced Oncotherapy - back at 31.5p - is Bracknor dumping or spoofing today? Timber!!!

It is just eight days to the GM of Advanced Oncotherapy (AVO) where shareholders are being asked to approve the issue of gazillions of new shares for the Bracknor death spiral. Since the alternative is going bust within weeks if not days then the result is a gimme although I intend attending - as the owner of 1 share - to ask some searching questions. But the collapse in the share price - the stock is now 31.5p mid, 30p bid tells you there are even bigger issues and that Advanced is, quite possibly toast whatever.

2 days ago | By Gary Newman |

Lekoil offers plenty of longer term upside

Many AIM oil companies promise the earth, yet in most cases are still no nearer to actually producing anything despite a number of years having passed since their initial discoveries, so it is refreshing to see that there are exceptions to this trend.

1 day ago | By Steve Moore |

Van Elle – profit warning less than 5 months after AIM IPO!

Well that didn’t take long; 26th October 2016: “Van Elle (VANL), the geotechnical contractor offering a wide range of ground engineering techniques and services to customers in a variety of UK construction end markets, is pleased to announce the admission to trading on the AIM market”22nd March 2017: trading update including “delay and deferral of contracts”

2 days ago | By Steve Moore |

1 day ago | By Paddington Bear |

Jackpot Joy a compelling short part 2 - Management History

On Monday I started a series in which I gave clear reasons why JackpotJoy (JPJ) was an obvious short. Now let us mover on and have a look at the management and their history in commerce. I am sure that there is nothing to read into  it but Andrew McIver sat on the Board of Daniel Stewart and seems to be pals with our dear friend the king of the fraudsters, Mr Rob Terry

1 day ago | By Tom Winnifrith, The Sheriff of AIM |

Avanti Communications Kenya contract - it's 'avin' a giraffe

Drowning in debt Avanti Communications (AVN) is 'avin' a giraffe once again with a new announcement of deal with no financials attached which is almost certainly utterly meaningless. Today we head to Kenya.

2 days ago | By Nigel Somerville |

Cloudbuy – still no sign of tomorrow's Hartleys but toast certainly on the menu.

AIM-listed e-commerce play Cloudbuy (CBUY) released its full year numbers for calendar 2016 this morning. Having had a rescue refinancing last year and a change of strategy the question was always whether all the good news announced over the last few years would ever be converted into revenue. The bad news is that it hasn’t yet. By the way, as a general point to the company, if you are going to reference notes to the accounts in the RNS and don’t include those notes people will think you have something to hide. It looks poor.

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