Well this was not on the agenda but in a surprise move Paul Scott pitched up to do a breakout room presentation at UK Investor Show. Enjoy
Hello Share Bunnies. You may be tempted top think that shares in magazine companies could be a bit iffy following Trinity Mirror’s (TNI) decision to pull the plug on its latest daily newspaper. But there is a company in this line which is doing rather well. Connect (CNCT) is Britain’s largest magazine and newspaper outfit.
Lucara Diamond Corp (LUC) today announced the sale of an 812.77 carat rough diamond for a record $63,111,111. Mined at the Karova mine in Botswana in November 2015 the diamond has been named, "The Constellation", The numbers are just mind boggling. The photos below are pretty amazing too.
There were some absolutely cracking entries for this caption contest as you can see here. In a sense, as it is round at WH Ireland (WHI), everyone is a winner (other than the clients) so high was the standard of entries as you sought suitable captions for the picture below from the WH Ireland HR department. But the two joint winners are
I end with a summary of the wildlife diversity encountered today at the Greek hovel as I start pruning the olive trees. I start with Iofina (IOF) where the numbers are ghastly, this is a ramp built on sand. I also cover China Africa (CAF), Opera (OPRA), Bango (BGO) and Optibiotix (OPTI). But my mind is really on the manual labour that lies ahead here in the mountains of Greece
Rightster Group (RSTR, though set to be re-named Brave Bison Group) talks in an AGM statement today of “moving to profitability and greater value going forward” with a “new strategy, in creating owner operated video channels”. Hmmm, having thus far been a wrongster, is this really now set to be a rightster?
As ever, when Avanti Communications (AVN) sees its share price slipping it announces a new contract win. There is a brief rally, and the rally gets smaller each time this trick is pulled, and then the shares start to fall again because - as we know - this company is hurtling towards insolvency. And so with the shares sub 90p to sell on Friday what do we have today?
Shares in Fairpoint (FRP) are off by 10% today to 128p, giving a market cap of £58m, as the market digests a trading statement to accompany today’s AGM. While not entirely straightforward, an investment thesis can be made at this valuation.
In Rome on Thursday, in the very same room where the famous treaty was signed in 1957, Martin Schultz, president of the European Parliament, complained that ‘we have a lot of salesmen in the European Council and only a few statesmen’. The problem with the idea of one EU state and one vision was and is an illusion. The 28 nation block lacks leadership and is descending into petty, nationalistic political trends being exacerbated by mass immigration and poor fiscal disciplines.
Another day and its another announcement from Challenger Acquisitions (CHAL) that its boss is again buying shares. Don't be fooled this is a spoof. Its a sell signal not a sign to buy.
We own shares in Petropavlovsk (POG) and wont be selling at anything like the current share price. Our target to sell is 19p. I hope this presentation from the head honcho Peter Hambro explains why we are able to be so bullish.
HaloSource, Inc. (HAL) has announced “a conditional asset sale agreement to sell its Recreational Water business… for an initial cash consideration of up to $7.5 million and further deferred cash consideration of up to $0.5 million”. The announcement though later states “an initial cash payment of $4.0 million”. Hmmm, what’s going on?
Ed Croft was a busy boy at UK Investor Show doing a main stage slot as well as a couple of breakout room presentations and below is a video of the first of these.
AIM-listed ValiRx (VAL) operates in the biotech space, developing cancer drugs. I’ve been pretty beastly in previous pieces (see HERE) but I am pleased to note that the company has seen fit to address the questions asked over Companies House filings. As pointed out HERE they were indeed wrong and they have now been corrected. Good news. My hope is that the questions over the Bracknor funding deal will now be addressed.
In this presentation I explained how laws on insider dealing and market abuse worked and what they were exactly. I used Chris Oil as a case study showing why the little twerp should be facing a mega fine and a jail term.
Armadale Capital (ACP) has updated on work to develop and add further value to its Mpokoto gold project, alongside funding discussions.
We bought this stock and tipped it at 8p. The shares are now c80p and we still hold more than half our holding and won't be selling them for anything less than 100p. we are bullish and after this presentation by Optibiotix (OPTI) boss Steve O'Hara I hope you can see why. Enjoy.
Hello Share Stumpers. Today I return to the space-age firm of Inmarsat (ISAT) the satellite company that goes where no man has been before. That’s probably over-egging the pudding, as there is some competition for what it does, which is arrange the launching of communications satellites into space. I have had my shares a long time and have seen my investment rocket. However, there was a glitch at the end of last week when the company revised its revenue expectations. The shares were down about 14% at one point
John Molyneux, the WH Ireland (WHI) stockbroker who destroyed the life savings of Essex pensioner Mr Bagot, left the disgraced broker in a bit of a hurry last year. We now have an exclusive picture from the HR department as they interview for a suitable replacement. can you please supply a suitable caption in this week's contest, in the comments section below - deadline midnight 8 May.
In today's podcast I chide my colleague Malcolm over an article he runs tomorrow on Inmarsat (ISAT). He makes the mistake, as we all do, of failing to accept that facts have changed. I explain why Inmarsat is certainly NOT a buy but then also reflect on why J Hon Esq makes the same error on China and on why I am so bearish on equities and, in accepting that, why the case for gold grows stronger.
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 African Potash, AIM, NEX, Chris Cleverly vehicle that is bound to hit the stratosphere.*
The A-Grade A'holes at Walbrook PR who charge Optibiotix (OPTI) thousands of quid a month for "news management" probably thought putting out two announcements on one day was part of a clever strategy. Whatever. If Optibiotix wants to save a few quid we have a suggestion....
Given that the company is now producing gold, I’ve been somewhat surprised by the lacklustre response that the market has given Ariana Resources (AAU) since that news came.
Fraud Cloudtag (CTAG) may have been booted off the AIM Casino but in the few months before insolvency the comedy continues. The company has held an AGM the highlight of which was news that the 2 NEDS Tony Reeves and Jerry Bereika have resigned. Lyin' Amit Ben Haim says that the a search for new directors with the requisite skills to match the Company’s future requirements is underway. Hmmm what would that skillset be?
In this video from the storming success that was the 2017 UK Investor Show, Tom Winnifrith interviews Mark Slater. And make sure that you keep April 21 2018 free for next year's UK Investor Show.
Concepta (CPT) wants to know why its shares are nor racing away although having tipped this at an 11p offer we are, at 16.5p, well up.? Simple. It announced last autumn that it was about to sell its MyLotus kits in China and since then it has appointed a country manager and huffed and puffed but there are no sign of those sales. And against that background after calendar 2016 results the shares are just 16.5p mid. But before you sell hang on a second...the shares are actually a stonking buy if yoiu can get them at 16p or underand here is why.
Naughty naughty naughty. On Tuesday night Ve Interactive, the daft money guzzling new media start up into which Concha (CHA) unwisely invested on a £1 billion valuation went into administration and was at once bought ( one assumes for peanuts) by management and certain existing shareholders. Since Concha has not a lot of cash it is hard to see it being involved. But where is the statement? AIM Rules say something about timely disclosure yet we have had 24 hours with no RNS. Nope make that 36 hours...
Caption this very accurate and not at all cropped photo of some nice Tories in the comments below. The deadline is midnight tonight.
Hello Share Monkeys. Quite a few of my more moribund penny shares are in revival mode at the mo. Which is unusual. Because when the Footsie rises, investors are more likely to get income from more reliable outlets. Why risk the huge volatility of the cheaps when you can make money investing in companies with big cash piles and ever growing profits, i.e: most of the Footsie members?
Floated at 33p by Lagos Securities, or Cenkos as it prefers to be known, on the back of a prospectus that forgot to mention critical damaging information, Rosslyn Data (RDT) has been a serial disappointer and was clearly set to run out of cash this year, despite numerous protestations from its discredited management that this was not the case. And so today, the oldest trick in the book - a bailout placing dressed up as an acquisition. The price of the bailout, just 4.5p.
The world's best known resource investors Sprott says that its investment thesis for gold is significantly long-term in scope.It explains clearly why recent gains will continue and that means you all need an exposure to the yellow metal. Over to Sprott:
Kefi Minerals (KEFI) has announced another box has been ticked as it moves towards constructing the Tulu Kapi gold mine in Ethiopia. It has finally agreed with the Government plans to resettle the folks who live around the mine away from operations. And with that done it states "The objective for the Government of Ethiopia and KEFI is for construction to commence in H2-17."
Collagen Solutions (COS) has announced growth “driven by an increase in the number of customers, higher volumes from key customers and an increase in new development agreements”, sparking the shares higher…
Amryt Pharma (AMYT) has announced that the first patient has now been enrolled in its phase three trial of AP101, a potential treatment for the rare, genetic skin disorder, Epidermolysis Bullosa - a market worth £1 billion.
London main-market listed, gold miner in Russia Petropavlovsk (POG) has announced results for the 2016 calendar year, emphasising a return to profitability and a refinancing of bank debt - enabling it not to have to divest part of the value in its core organic growth development project, the POX Hub…
We have long pointed out what a dog Green Dragon (GDG) is. Its failure to answer the questions in the bloody dossier HERE was the biggest red flag. Now the City's top oil analyst, Zac "the Knife" Phillips of SP Angel has gone on the attack, calling for regime change and warning that the company's assets could end up with its creditors, i.e. the equity could be worthless. The Knife writes:
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.
Search ShareProphets |
Stock market news |
Recent Comments |