ShareProphets

Wednesday 28 June 2017 The one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares


1 July 2016, 08:43 | By Tom Winnifrith |

Highlands Natural - will the "institutional investor" now reveal himself or is it just a spiv

Today we are told by Highlands Natural Resources (HNR) that the "institutional investor" that it refuses to name which bought 10 million 25p warrants ( and has an option to by 20 million more) at 1p per share has exercised 5 million warrants. Oooh er missus, now this spiv & chancer, sorry meant Institutional Investor must reveal himself.

1 July 2016, 07:50 | By Steve Moore |

Strat Aero – 2015 results at the last minute & after AGM, I wonder why? …

Drone company Strat Aero (AERO) has announced results for the 2015 calendar year ridiculously late and after its AGM earlier on 30th June. I wonder why? …

1 July 2016, 07:49 | By Graham Neary |

Premier Oil – Lenders give more time, situation remains grave - SELL

I previously noted the importance of a successful conclusion to Premier Oil’s (PMO) bank lender discussions, and made the case that a very large equity raise was probably needed to put the company back on a sound footing. This morning finally sees some news on those lender discussions, made necessary by Premier’s inability to satisfy its covenants.

1 July 2016, 07:46 | By Tom Winnifrith, The Sheriff of AIM |

Tom Winnifrith Bonus Bearcast: No-one is watching O'Clock Results from Servision - it is bust

I warn you that this podcast uses bad language as I am unspeakably angry about the numbers from AIM cesspit posterboy Servision (SEV). In so many ways its results, which were issued at no-one is watching O'clock yesterday, are a disgrace. At least it is prepared to admit to some of the financial crimes against humanity which I have accused it of. But it is clearly bust and I comment on its numbers, on what the directors and auditors say, on its partial admission of guilt and on the reprehensible behaviour of Jon Bellis and his colleagues at Belfort Securities around the time of the (grossly misleading) interims of 30 September. The target price is 0p as this company is almost bust and truly is a piece of Turkish.

.

1 July 2016, 07:45 | By Tom Winnifrith |

Wishbone Gold Prelims - now we know why FD left in a hurry, numbers irrelevant

For what it is worth Wishbone Gold (WSBN) reported a loss of $1.12 million for calendar 2015 but that is all in the past. Perhaps the most noteworthy element of the historic numbers is the fact that the auditors cannot verify almost $100,000 of travel expenses and flag this up.

1 July 2016, 07:43 | By Tom Winnifrith |

Malcolm Stacey on Holiday Caption Contest day 2 (and day 1 winner)

Getafix is still on holiday and has sent us back another snap for our amusement. But before we go to today's caption contest there was a clear winner yesterday

.

1 July 2016, 06:48 | By ShareProphets |

URGENT: our next £5 share tip is HOT and out by 8.30 AM Friday July 1 - TODAY

Yes that is tomorrow! Normally we publish our hot share tip of the month on a Friday afternoon. But this month we cannot wait. We worry that, really low risk, big s will be missed out if we delay. And so we are not hanging around and will publish at 8.30 AM tomorrow. To make sure you catch that share tip sign up for as little as £5 join us NOW HERE

.

30 June 2016, 15:48 | By Tom Winnifrith, The Sheriff of AIM |

Tom Winnifrith Bearcast: 4 stocks worth 0p - Servision, CNEL, PCGE & Jiasen

Are you listening Jon Bellis at Belfort Securities? You know your form is acting for fraudsters and shite companies yet you are happy for Belfort to keep banking the retainers. This is morally wrong. How do you sleep at night? In this podcast I discuss four stocks that are each worth 0p: Jiasen (FRAUD) - broker Belfort Securities, Servision (SEV) - where are your crooked accounts? Broker Belfort Securities, China New Energy (CNEL) a fraud, broker the disgraced Daniel Stewart and PCG Entertainment (PCGE) another China Norfolk, broker Belfort Securities.

.

30 June 2016, 14:55 | By Steve Moore |

Image Scan Holdings – announces largest portable X-ray order, but placing ahoy?

Previously reviewing long-time purveyor of jam tomorrow (sorry, of X-ray screening systems to the security and industrial inspection markets), Image Scan Holdings (IGE) I concluded that it was looking more likely that the company can avert a cash crunch ahoy and move into profit and cash generation but that I awaited more evidence. The following updates post an announcement of “the single largest portable X-ray order ever received by Image Scan”

30 June 2016, 14:12 | By Graham Neary |

Ukrproduct - Loan extension but equity value still looks like zero

Investing in foreign stocks usually brings with it a greater exposure to risk. That risk can come in a variety of forms: fraud, legal and political problems, and even war. But I would wager that few investors in Ukrproduct (UKR), the Ukrainian dairy producer, ever thought it was possible that a war would light up on their doorstep and damage the prospects of their harmless butter and cheese manufacturer.

30 June 2016, 12:09 | By Tom Winnifrith |

Big Dave Lenigas bounces back - rejoins two boards: Get him back at LGO!

You cannot keep a good stock promoter down. And say what you want about him , and I do, David Lenigas is pretty good at promoting, usually worthless, shares and he is back. In case you had not noticed he has rejoined the board of two of his former charges in the past week. I have today spoken by email with the big man.

.

30 June 2016, 11:50 | By Steve Moore |

Harvey Nash – emphasises “a resilient performance in line with the board's expectations”, but what now?

Post its shares having been hit hard in the post UK EU referendum fallout, technology-focused recruitment and offshore services group, Harvey Nash (HVN) has emphasised that it is “encouraged” by performance in the first four months of its financial year. But what now?

30 June 2016, 10:28 | By Tom Winnifrith, The Sheriff of AIM |

Servision - where are the ffing results - is a suspension looming?

I pointed out at the weekend why cash guzzling, dodgy accounting, jam tomorrow, RNS misleading, worthless piece of Turkish Servision (SEV) may have a few issues with its results. But where are those results for calendar 2015?

30 June 2016, 10:27 | By Nigel Somerville, the Deputy Sheriff of AIM |

Filthy Forty AIM Casino Elimination Stakes: now in the final furlong but a loose horse has already crossed the line!

The race to see which of the twenty remaining ShareProphets AIM China Filthy Forty companies clocks up a suspension/delisting is hotting up as we enter the final furlong. Yesterday saw the loose horse of Grand Group (GIPO) – a non filthy forty runner but an otherwise well qualified AIM-China play nonetheless – cross the line first with a suspension as it can’t get its accounts out on time. But with a surprise late run GTS Chemical (GTS) now looks clear of the field as they head for the line after announcing plans to delist in August, subject to the forgone conclusion of a vote at its AGM.

.

30 June 2016, 09:55 | By Nigel Somerville, the Deputy Sheriff of AIM |

NorthWest Investment Group – FY15 numbers from the Filthy 40 Investment company which doesn’t invest

I kid you not: this company has been on the Casino since joining in June 2010 as an investment company with assets of about £3 million and has never invested a cent. Yesterday, ShareProphets AIM-China Filthy Forty company Northwest Investment Group (NWIG) released results for calendar FY15: it still hasn’t invested a cent. But the money is disappearing.

30 June 2016, 09:42 | By Tom Winnifrith, The Sheriff of AIM |

New Westminster Group NED: Ex Tory MP Tony Baldry a CV of shame - a loathsome pig

I have not taken a view on Westminster Group (WSG) to date but it has done itself no favours at all with news today that it has appointed as its new NED, Tony Baldry, the Tory MP for Banbury until 2015 and a vile pig who demonstrates everything that is so repellent about the political establishment.

30 June 2016, 09:00 | By Steve Moore |

InterQuest & Avesco – share tip of the year updates

Writing earlier this month, I remained optimistic on both of my share tips of the year. Post recent developments and amidst current market volatility, I now update…

30 June 2016, 08:59 | By Nigel Somerville, the Deputy Sheriff of AIM |

China fraud GTS Chemical to delist and so cancels dividend (obviously). 21 down.

And so the ShareProphets AIM-China Filthy Forty is to be reduced by yet another company to just nineteen as GTS Chemical (GTS) has decided to up sticks in the best interests of its shareholders. For some reason this, apparently, serves as a perfectly valid reason for the company to bin the full year dividend which had previously been earmarked for an increase.

30 June 2016, 08:50 | By Tom Winnifrith |

Malcolm Stacey Goes on Holiday - caption Contest One

Old Getafix feels that he needs a break and so, cashing in a few of his dividend cheques, he has ,left us for a week but is sending back pictures every day for the Malcolm Stacey daily caption contest. Simply post your entries in the comments section below with a deadline of midnight. I shall start the ball rolling with this entry:

.

29 June 2016, 17:00 | By Nigel Somerville, the Deputy Sheriff of AIM |

F40 Aquatic Foods FY15 results. You’re ‘avin a giraffe, right? And a message for AIM Regulation.

This morning ShareProphets AIM-China Filthy Forty play Aquatic Foods Group (AFG) released its calendar FY15 results. This is a complete farce and AIM Regulation should be ashamed, for that is where the real scandal lies.

3 hours ago | By ShareProphets |

The June edition of the UK Investor Magazine is live - 5 share Tips, voting guide, and where to emigrate if the wrong party wins

The June edition of the UK Investor Show Magazine is live featuring three resource shares to buy,  two more share tips, a voting guide for investors, and where to emigrate if the wrong party wins a special offer expiring on June 14 and much more.

 
.

3 days ago | By Darren Atwater |

New Bulletin Board Moron of the Week contest - sponsored by David Lenigas on steroids

The prize is a cheap one way flight to Mars organised by Elon Musk a promoter who makes David Lenigas seem bashful and understated. The challenge: We're looking for exemplary examples of sheer stupidity from those founts of brilliance; LSE.co.uk, III.co.uk and ADVFN.co.uk. The deadline to post your entries in the comments section below is midnight, Sunday 25 June.

.

6 days ago | By Tom Winnifrith |

Little Steve Sanderson of UK Oil & Gas in action on the Weald Basin caption contest

It seems that little Steve Sanderson of UK Oil & Gas (UKOG) was hosting anyone who was interested at the company's site at Broadford Bridge on the Weald Basin. Just last week the Old Bill were arresting local protestors near the drill pad, so what is little Steve saying now? Suitable captions in the comments section below with a deadline of midnight tonight please.

7 days ago | By Tom Winnifrith |

Not on #dayofrage - is that because you are, as usual, on #dayofwage?

As I write a couple of thousand protesters are marching through London demanding, inter alia: an end to ethnic cleansing in London (could have fooled me), an end to cuts in public spending ( don't let the facts spoil the story) and that Mrs May's useless Government be overthrown ( how democratic). So why are you not on the demo?

.

7 days ago | By Chris Bailey of Financial Orbit |

The UK consumer is not in a complete stupor says Whitbread

Is the UK consumer completely shot? For the last year we have had a waxing and waning in views from 'the experts' on this. The reality is that it depends who you talk to but, biggest picture, what is needed is a great product, attractive marketing and a base underlying need. I last chatted through the Whitbread (WTB) investment case in late January, where I concluded that the stock was still worth a punt...

6 days ago | By Malcolm Stacey |

Here's One For Plastic Palace Alice - A One Year Profit-Doubler

Hello Share Smudgers. Companies which manufacture plastic bits and pieces have done rather well in my bag in recent years. But one I have not so far touched, yet ought to do so soon, is Carclo (CAR).

6 days ago | By Steve Moore |

InterQuest – attempted robber barons respond to Defence Document, admit their offer “constrained”…

Lambasted for a “materially undervalues” 42p per share offer, the InterQuest (ITQ) attempted management buyout team at Chisbridge Ltd has made a “Response to Defence Document”

6 days ago | By Steve Moore |

Hornby – major holder’s purchase means a mandatory cash offer

Last month saw a regime change General Meeting requisition withdrawn at Hornby (HRN) and now the major shareholder, Phoenix, has unconditionally agreed to acquire the rebel’s (New Pistoia Income’s) shares – seeing it required to make a mandatory cash offer for the whole company...

6 days ago | By Tom Winnifrith |

Tom Winnifrith Bearcast: Why Paul Scott's fucktard follower will always lose & should you sell all your oil shares?

Okay this really is the last one until September. But I have packed and am ready to travel and am bored, so here goes one more time. First up I discuss those who always blame others for their lack of profits, citing some twitter chum of the great Paul Scott. Then as Brent plunges through $45 I discuss why it is falling, where it will go next and if you should sell all your shares. The answer is a very selective no.

.

6 days ago | By Tom Winnifrith |

Luke Johnson speaks up for we terrified entrepreneurs

Luke Johnson will be among the star speakers at UK Investor Show 2018. Those with a golden ticket will also get to hear him in conversation with Nigel Wray at the Saracens evening the Wednesday beforehand - that will be a battle of the pizza men, a real treat - more details HERE. In his Sunday Times column last weekend he echoed my post-election gloom about how we entrepreneurs should feel terrified - HERE. It is brilliant stuff. Frankly Luke is THE reason to buy the Sunday Times. Luke opines:

.

6 days ago | By Cynical Bear |

Highlands Natural Resources: Results out - fun over - bubble bursting - get out

I’m no longer surprised how stocks that, in my view, are inherently worthless or at least worth a fraction of their current share price can stay at such a high price or so long but I think the bubble is bursting, and gravity is taking hold, at Highlands Natural Resources (HNR) with a shocking set of results released yesterday. Let’s have a look at the “highlights”!

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

Lies, smears & blackmail: Loathsome Rita tries to cling on at Magnolia Petroleum

Less than lovely Rita Whittingham is doing her utmost to cling onto the gravy train for her and her relatives which is Magnolia Petroleum (MAGP). You will remember that there are moves to oust the proven failure and install one director from Nostra Terra (NTOG), Evan Ainsworth, and an independent director, Zac "The Knife" Phillips, the City's No 1 oil analyst. This would not be a change of control as Rita asserts since The Knife is independent, but a much needed boardroom clearout. Now to the defence document which is worthy of Jeffrey Archer. It is just low grade fiction.

6 days ago | By Andre Brand |

My advice to the next Chancellor

I have to confess to being very depressed over the course of the last few months. I think the depression has actually been increasing and I put it all down to media and politics.

.

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

Naibu – SHOCKER filthy forty update and litigation news. Who's in the frame?

Out of the blue this morning, we have had an update from ShareProphets AIM-China Filthy Forty Naibu. This was an obvious fraud and delisted in 2015 when the money stopped flowing and Houyan Lin disappeared. But the board decided to stand up to be counted. They may have been taken in and signed off on all sorts of lies, but they have been pursuing the case and today have also announced that viable legal causes of action look to exist to go after certain of the various professional advisers who were involved at the time of the flotation.

5 days ago | By Steve Moore |

The People's Operator – “Make a call, make a change”… shareholders make a loss…

“The People's Operator (TPOP), the cause-based commercial mobile virtual network operator, is pleased to announce its full year results for the period ended 31 December 2016”. Hmmm, these being announced approaching six months after the year-end – rarely a good sign…

5 days ago | By Steve Moore |

Imagination Technologies – shares jump on commencement of formal sale process, though “remains in dispute with Apple”

Shares in Imagination Technologies (IMG) have currently recovered more than 17%, to 145p, on the back of a “Commencement of formal sale process” announcement…

28 June 2017, 08:26 | By ShareProphets |

The June edition of the UK Investor Magazine is live - 5 share Tips, voting guide, and where to emigrate if the wrong party wins

The June edition of the UK Investor Show Magazine is live featuring three resource shares to buy,  two more share tips, a voting guide for investors, and where to emigrate if the wrong party wins a special offer expiring on June 14 and much more.

 
.

28 June 2017, 08:26 | By Corbyn's pal Darren Atwater |

New Bulletin Board Moron of the Week contest - sponsored by Paul "Queenie" McManus PR to London's worst frauds & AIM trash

Queenie smears journalists and spins for all the worst companies on the casino from fraudsters Eden to Advanced Oncotherapy to Norfolk's finest Fusionex. He truly is a posterboy for AIM and thus a fitting sponsor for this week's contest.  The challenge: We're looking for exemplary examples of sheer stupidity from those founts of brilliance; the Bulletin Board Morons who dwell on the cesspits that are LSE.co.uk, III.co.uk and ADVFN.co.uk. The deadline to post your entries in the comments section below is midnight, Sunday 2 July.

.

27 June 2017, 08:11 | By Tom Winnifrith, The Sheriff of AIM |

Exclusive: The full Slater & Gordon High Court Claim against Watchstone for £537m - damning on Rob Fielding, David Curry & the lies Quindell told

Slater & Gordon (SGH) spunked £649 million on buying the worthless, fraudulent assets of Quindell (QPP) in 2015, a deal that has seen its shareholders suffer a 99% wipeout. It has now filed a UK High Court claim against Watchstone (WTG), Quenron as was for £637 million and we have obtained the papers and, in a major scoop, publish the Claim in full below.

27 June 2017, 10:02 | By Tom Winnifrith, The Sheriff of AIM |

Saffron Energy - The City's No 1 oil analyst Zac Phillips sticks his knife in and he has a point

I tipped shares in Saffron Energy (SRON) but urged folks to take profits some months ago. The shares were then 8p+ having listed at 5p. In recent weeks the shares have slithered back towards that 5p and I have been urged by folks to re-tip. I resisted that urge. Something was wrong. Now we all know what some folks have clearly known for a while, what the problem is.

26 June 2017, 11:19 | By David Scott |

Mother Of All Bubbles - there is no such thing as a free lunch

It typically takes about a 5% cut in US interest rates to fight bad US recessions and it was even worse after the Lehman crash in 2008. The Fed ran out of ammunition after 4.75% points and had to flood the system with liquidity by printing money. The total was, in artificial terms, the same as an 8.5% cut in rates. Currently the Fed has just 1% of cuts to play with in a crisis and in addition more QE is looking unlikely with both a growing electoral backlash and the fact that the two new Fed members suggested by the Trump administration, Randal Quarles and Marvin Goodfriend, are both staunch conservatives and very hostile to QE. This means the Fed may have to fight the next downturn with little in its arsenal.

.

27 June 2017, 08:14 | By HotStockRockets |

Concepta - CEO buys a not un-trivial amount of shares: Follow suit

It is good to see a CEO putting his money where his mouth is and the share purchase by Erik Henau should also scotch the silly rumours that a placing is imminent. The Concepta (CPT)  head honcho has purchased 80,000 shares at 12.175p. He now owns 293,333 shares so in that context this is a decent purchase. We'd hope to see more boardroom buying soon but expect also to see more hard news on order flow very soon.

27 June 2017, 10:03 | By Nigel Somerville, the Deputy Sheriff of AIM |

Advanced Oncotherapy – Annual Report published: Guess what?????

AIM-listed Advanced Oncotherapy (AVO) has released its full Annual Report. Having looked yesterday at a few things I thought it would be worth a second look – especially in the light of a clean audit report from RPG Crouch Chapman. Mea culpa to myself and Tom who expected something different, but hang on a minute…

27 June 2017, 08:13 | By Tom Winnifrith, The Sheriff of AIM |

Strat Aero - reality setting in - do not BUY!

I warned you in explicit terms yesterday that the doubling of the Strat Aero (AERO) share price to 0.14p on the back of results which can best be described as a shit sandwich with dollops of jam tomorrow on top, was not justified. The shares have now slumped back to 0.09p-0.11p (TW 7, BBMs 0 once again) but do not BUY now for there are still deluded fools abroad.

28 June 2017, 08:33 | By ShareProphets |

You may know Tom the fraudbuster but what about the man who makes you money from value investing shares tips - act TODAY!

You may know Tom Winnifrith as the man who exposes fraud on AIM and gets a stack of death threats and lawyers letters for his troubles. Just on Tuesday he has published a massive exclusive on Quindell, the biggest London stockmarket fraud for 30 years, and a con the regulators thanked him for exposing. That breaking news is HERE.

.

27 June 2017, 10:20 | By Tom Winnifrith, The Sheriff of AIM |

Mayan Energy the dog has a new trick but it makes no sense at all - coke & hookers better value

Another day and another director walks, a new strategy is adopted and yet more confetti is issued by AIM casino uber dog Mayan Energy (MYN), formally the hound known as Northcote Energy. But this latest move just makes no sense at all. Let me explain with a little bit of help from a friend....

26 June 2017, 11:20 | By Tom Winnifrith |

Strat Aero - shares double on results but the company is almost bust - placing ahoy!

Shares in Strat Aero (AERO) have almost doubled today to 0.14p which amazing as the final results for calendar 2016 are out and are utterly crap. Okay they are less crap than 2015 but they are crap and indicate that the company must be as near as damn it, bust. Yes we are promised more jam tomorrow but before we get there surely it is placing ahoy?

26 June 2017, 14:35 | By Steve Moore |

WANdisco – share price recovery continues on Silicon Valley Bank announcement

Shares in ‘big data’ company WANdisco (WAND) are continuing a recovery on the latest news of an agreement with Silicon Valley Bank.

27 June 2017, 12:41 | By Tom Winnifrith |

Servision - how do you keep lots of idiots in suspense? We'll tell its shareholders on Friday

Worthless AIM listed piece of excrement Servision (SEV) always seems to report its results at the last possible moment to avoid suspension on the casino. In 2016 calendar 2015 numbers (piss poor) arrived on the 30 June deadline day. For 2016 its a slam dunk bet that the numbers (piss poor) will arrive this Friday on deadline day. Why is that? 

26 June 2017, 11:20 | By Tom Winnifrith, The Britpop Trivia Sheriff of AIM |

Video: A song for Phil Letts and his ghastly Mrs...

I see shares in Blur (BLUR) are tanking again. Quelle suprise - given that it could be tits up time in three weeks. Anyhow for Phil Letts and his fellow grossly overpaid director his Mrs a song to brighten up the day. Natch as I think happily to a concert way back then in a summer's evening in Mile End Park, it's by Blur...  To The End!

27 June 2017, 08:10 | By Malcolm Stacey |

It's Raining Cats and Dogs for the Vet with 20 Million Patients

Hello Share Buglers. If you have cats like me, or dogs, you’ll be painfully aware of how much vets charge these days. I’m sure they need years of training and the drugs they use don’t get any cheaper, but the price I pay for two daily tablets to keep my cat’s thyroid problem at bay is rather unnerving.

28 June 2017, 08:06 | By HotStockRockets |

Minoan - Yes it can now develop Cave Sidero - we are off to the races: Yamas!

It has taken more than two decades and exposed the Greek planning system for the total joke that it is but Minoan (MIN) now has the all clear to go ahead and develop the spectacular Cave Sidero site in North East Crete.

27 June 2017, 08:12 | By Steve Moore |

Blur Group – significant shareholder selling following Friday’s A-Grade corporate horse spouting

“Holding(s) in Company” announcement in Blur Group (BLUR) of a transaction on Friday – the day in which at 7am it released an “Update on financing, business plan and trading”