ShareProphets

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


8 April 2016, 11:53 | By Tom Winnifrith, The Sheriff of AIM |

Could Andalas Energy (aka dog CEB) be booted off the AIM Casino in two weeks time after raising the most expensive debt in AIM history?

I am only asking but the much ramped Andalas Energy (ADL) formerly the much ramped CEB Resources has got two weeks to pubish an AIM readmission document or it will be booted off the AIM casino. It would be farewell to rule breaking ramper Dave Whitby, no great loss. 

8 April 2016, 11:30 | By Tom Winnifrith, The Sheriff of AIM |

Justin Farr Jones of Beacon Hill & hairdresser Infamy turns to blogging but CV misleads methinks

You may remember Justin Farr Jones of Beacon Hill infamy - the man of the uber dodgy share dealings with his pal the hairdresser (HERE). Apparently he is now a blogger and financial services guru. I'd rather take financial advice from a big issue seller than Justin but each to their own. Check out his - ultra-tedious - blog HERE.

8 April 2016, 11:03 | By Tom Winnifrith |

Tom Winnifrith BearCast 8 April - Waz v Metal Tiger as Oakley & I tidy up

If a I yawn a bit it is because the Mrs was away last night so I stayed up late watching a great Dan Snow programme about the vikings. I digress. I start with Gary Newman and Waz Shakoor vs Metal Tiger (MTR). Then it is on to Pathfinder Minerals (PFP), Greatland Gold (GGP) - it looks wrong to me - Bonmarche (BON), Edenville (EDL), Milamber Ventures (MLVP), Strat Aero (AERO) and once again Ascent (AST) where management are now reaping what they sowed. Oh, and we have some exciting news on www.UKInvestorshow - Ho, ho, ho. The Oakley headline is explained in the podcast.

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8 April 2016, 10:27 | By Tom Winnifrith |

So David Cameron finally Comes Clean on the Panama Papers and tax - Oh no he doesn't

Finally at the fifth attempt David Cameron says that he has come clean about the offshore Blairmore Trust set up by his late father and exposed in the Panama Papers. Or has he come clean?

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8 April 2016, 09:15 | By Tom Winnifrith |

Richard Gollum Gill says Lenigas Cuba a conviction buy. We disagree.

As if poor shareholders in Lenigas Cuba (CUBA) did not have enough reasons to be miserable now they must cope with news that Richard "Gollum" Gill has published a buy note on the stock. 

8 April 2016, 08:49 | By Tom Winnifrith, The Sheriff of AIM |

8 April 2016, 08:35 | By Tom Winnifrith |

FastForward - has Jim Mellon taken lessons from Lenigas on RNS blizzard rampfests

Since March 3 in 25 working days, my old pal Jim Mellon's AIM casino listed FastForward Innovations (FFWD) has released 9 ramptastic good news RNS statements - one every three days. Since 31 March it has released 6 statements - that is to say almost one a day. It is almost as if Jim has been taking lessons from the master, Mr David Lenigas, on the art of the blizzard of ramptastic releases. Yet another placing with your tea vicar? It is also the nature of the releases that concerns me.

8 April 2016, 08:15 | By Malcolm Stacey |

This Share Shouldn't Fall by the Roadside, But There May Be Better Punts.

Hello Share Togglers. I don’t own shares in AA, and I’m not planning to buy any. They have the best known brand in the car recovery business. But there is a lot of competition out there.

7 April 2016, 16:23 | By Tom Winnifrith, The Sheriff of AIM |

Solo Oil - after the pump, the moron screwing dump in true Lenigas & Ritson style

Yesterday on the back of news from the Kiliwani gas field in bongo bongo land Neil Ritson, gopher to the fat aussie share ramper David Lenigas seemed keen to let share trading morons across the land know how exciting this was for Solo Oil (SOLO). Some morons paid up to 0.4p in the secondary market. The shares are now 0.27p to sell after the inevitable placing but the numbers still make no sense.

7 April 2016, 15:15 | By Tom Winnifrith |

Tom Winnifrith Bearcast 7 April - it is like passing your frigging driving test

I shall leave Solo Oil (SOLO) to a distinct piece on this day of vindication but suffice to say the numbers do not add up. While Lenigas groupies wait for that remember to enter the Jabba yacht caption contest where we already have some cracking entries (HERE). Then I look at corporate governance and how the City needs to be seen to be whiter than white, ref Paternoster Resources (PRS). Then it is onto: Kodal (KOD), 88 Energy (88E), Miton Group (MGR), Belgravium (BVM), Environmental Recycling (FRAUD) and Ascent Resources (AST).  And finally remember to pre-order the latest free e-book from myself especially if you are a Bulletin Board Moron and want help - you can do so HERE

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7 April 2016, 12:48 | By Nigel Somerville |

Fraudster Rob Terry: A new Quob Park vehicle – what for, and what's going on?

Quob Park Health Limited was incorporated on 31 March 2016, but thus far there is no sign of Rob Terry being directly involved. Not on the surface, anyway, but digging a little deeper there are a few links. One wonders what is going on?

7 April 2016, 12:23 | By Tom Winnifrith, The Sheriff of AIM |

Proof that Pinsent Masons Partner Russell Booker urged Sefton Resources to make fraudulent BB smear postings - leaked email emerges

City law firm Pinsent Masons acted for Sefton Resources (SER) as it attempted to gag myself and Brokerman Dan (Levi) from exposing the fraud at the heart of that company under Jim Ellerton. We stood up to Pinsent Masons bullying and won that libel case. Sefton caved, Ellerton was fired and we had our costs and damages paid by Sefton. Now I have obtained a leaked email which shows how Pinsent Masons partner Russell Booker urged Sefton to make fraudulent internet postings to discredit myself and Dan. Pinsent Masons claims to be an ethical firm. How can it be ethical if it does not fire Booker at once?

7 April 2016, 11:34 | By Tom Winnifrith |

The Stench of Lenigas & REM: European Metals & Lithium Australia who ditched who?

On 15 December 2015 long time David Lenigas lackey Roland "fatty" Cornish floated, already Aussie listed, European Metals (EMH) on the AIM Casino on the back of its Cinovec lithium project in the Czech Republic.

7 April 2016, 10:03 | By Steve Moore |

ShareProphets readers tips for 2016 competition - end March update

Having asked for readers tips for 2016 for the amazing prize of lunch or dinner with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is a monthly update on performance (to be eligible needed to have selected a buy & sell pick and those to be listed on the LSE or on the AIM Casino).

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7 April 2016, 09:16 | By Tom Winnifrith, The Sheriff of AIM |

CIC Gold perhaps its main man might tell us about his failing bank: where's the money gone?

I have long pointed out that with the stench of Stuart Bromley surrounding it, CIC Gold (CICG) is a dog with fleas that no sane investor would wish to own. Its shares have duly tanked. I have flagged up before the interesting business past of COO His Excellency Ulambayar Barsbold which the LSE seems perfectly happy to ignore - clearly this chap is a fit and proper person to run a London listed company. So how does the LSE feel about the bank where His Excellency is CEO, Credit Mongol, see HERE

7 April 2016, 07:54 | By Nigel Somerville, the Deputy Sheriff of AIM |

Petroneft - lifts restrictions on Natlata

Well, at least this part of the AIM- and Dublin ESM-listed Petroneft (PTR) soap opera won't end up in the hands of the lawyers - not for now at any rate. (Almost) 30% shareholder, Natlata - which has requisitioned a sack-the-board EGM - has had the restriction notice served upon it lifted by the company. We await news of the second restriction notice which was served upon General Interest Overseas S.A. which held a further 10.7%.

7 April 2016, 07:54 | By Steve Moore |

accesso – less than a month after “confidence in 2016 and the years ahead of us”, major director share sales

Technology provider to the leisure and entertainment markets, accesso (ACSO) has announced the sale of £18.81 million of shares “by certain shareholders of the company, including certain board directors”. Hmmm…

7 April 2016, 07:47 | By Gary Newman |

Metal Tiger has reached a crazy market cap - sell!

If there was an award for issuing the most RNSs in the space of a few months, then Metal Tiger (MTR) would be well up there as one of the main contenders!

7 April 2016, 07:45 | By Steve Moore |

Table of shorted AIM shares - end Mar 2016

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the shorted AIM shares at the end of March 2016 (by net short position %) - and if the positions have increased (red), reduced (green) or remained unchanged (black) since last month...

7 April 2016, 07:43 | By Cynical Bear |

Strat Aero – Look out, he’s behind you!

As Tom noted on yesterday’s Bearcast (HERE), Strat Aero has moved into full-on panto mode with a second letter from Mr Hulsey Smith and a response from Strat Aero. Fun aside though, I wanted to take a closer look at the insolvency question and dig into the numbers.

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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