ShareProphets

Thursday 19 January 2017 The one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares


17 January 2017, 08:00 | By Malcolm Stacey |

So Long Ashtead. Your Last Share Hike Led Me to Take Hefty Profits

Hello Share Movers. After a long and happy relationship, I’ve dumped all this family’s shares in the tool and plant hire company Ashtead (AHT). There are fair reasons, I feel. Though they are nothing to do with the company itself.

16 January 2017, 16:56 | By Steve Moore |

Goals Soccer Centres – claims “turned the corner”, but sales only “broadly in-line”…

Having asked in September if recovery was well underway at Goals Soccer Centres (GOAL), I note a “Post Close Trading Update” announcement from the company…

16 January 2017, 14:31 | By Lucian Miers |

PureCircle - sell the rally

Purecircle (PURE), the purveyor of stevia products (plant based sugar substitutes) warned on January 5th that first half results for the six months to 31 Dec 2016 were likely to crash into a loss from last years $5 million profit.

16 January 2017, 14:30 | By Steve Moore |

Grafenia – “delighted” to announce acquisition, but it looks no panacea to recent woe

Printing company Grafenia (GRA) is “delighted” to announce an acquisition of Liverpool-based Arthur Diamond Design (ADD Signs), seeing it as a first step of “ambitious plans”. Hmmm…

16 January 2017, 11:11 | By David Scott |

If 2017 is going to be like 1932 or 1979, then you not only have to change your portfolio you have to...

Reforming the very nature of capitalism will be needed to combat the growing appeal of populist political movements around the world, the World Economic Forum said on Wednesday. Getting higher economic growth, it added, is necessary but insufficient to heal the fractures in society that were evident in the election of Donald Trump as U.S. president and Britain's vote to leave the European Union.

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16 January 2017, 11:03 | By Nigel Somerville, the Deputy Sheriff of AIM |

Kenmare – disingenuous trading update

Dual-listed in Ireland and on the LSE Kenmare Resources (KMR) has released what reads like a very positive trading update. Two questions spring to mind here: is it generating cash, and what about the debt position? But the company seems to have chosen to ignore completely its refinancing last year in reporting its finances.

16 January 2017, 10:59 | By Steve Moore |

WANdisco – one quarter does not an investment make, but offers some encouragement for shareholders…

Shares in ‘big data’ software company WANdisco (WAND) are currently continuing a recovery – this on the back of a concluding trading update for 2016...

16 January 2017, 10:47 | By Tom Winnifrith |

Tom Winnifrith Bearcast: possibly the biggest scandal in AIM history to go nuclear this week?

Weekend press reports (not in the UK natch as the British press is ignoring this £2 billion City scandal for reasons one can only imagine) suggest that the FBI is now investigating. Already in France there have been arrests including that of the CEO of Areva - Atomic Anne - which bought AIM & TSX listed Uramin for £2 billion and had written all of its assets off as worthless within three years. There is also a major new investigative book out on the scandal due out on Thursday. I am sure my good friend Jim Mellon will be ordering an advance copy. Elsewhere I look at Vislink (VLK), at the train wreck waiting to happen at Advanced Oncotherapy (AVO), at Fitbug (FITB) and Cloudtag (CTAG) and then finally at SalvarX (SALV) - placing ahoy on this related party express train to planet hype.

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16 January 2017, 08:24 | By Tom Winnifrith |

Andrew Monk's third share tip of the year - the best lottery ticket you will ever buy

Top stockbroker Andrew Monk of VSA has today served up his third share tip of the year (following from his win with Sula HERE) and it is a real "hell or glory play". it is right now TSX.V listed but there is an AIM listed way to play it. Over to the Monkey...

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16 January 2017, 08:05 | By Tom Winnifrith |

Fox & Eboracum Marble - lets sort this out

I have been alerted by various folk to the fact that a Fox Marble (FOX) customer Eboracum Marble has a First Gazette notice out against it which, according to the knockers, means it is going bust/is a fraud and that Fox will issue a profits warning. This has seen the shares drift to 7.75p. Sometimes before you hit the sell button it pays to make a few phone calls. Which is why you should buy the shares today.

16 January 2017, 08:05 | By Malcolm Stacey |

Robin Hood, the Eleven Plus and the Chance of a Better Picture for ITV

Hello Share Swipers. Though it horrifies me to think of it, I first watched independent television when I was cramming for my eleven plus. It was at my uncle’s house, as we couldn’t afford a new telly to take the second channel and it must have been sixty years ago. Robin Hood was on.

15 January 2017, 11:32 | By Tom Winnifrith |

Bulletin Board Moron of the Week - its ouzo time as Potash booted off AIM

Send Tom Winnifrith a fascist lawyers letter as the fraud African Potash (AFPO) did on September 1 and your fate is sealed. Today African Potash was formally booted off AIM. Now it will fail to raise cash on NEX (formerly ISDX) and will go bust soon. Lyin' Chris Cleverley meet Karma. Ain't she sweet? Amazingly there are still some people out there on the Bulletin boards who think its all my fault and Lyin' Chris runs a great British Company. Whatever. In that vein please nominate the most moronic Bulletin Board or twitter comment you can find in the comments section by midnight on Sunday 15th January. Have fun!

15 January 2017, 11:30 | By Tom Winnifrith |

Guscio - the Fraud on the shareholder list

It is perhaps wrong to kick a man when he is down but I cannot resist. Guscio (GUSC) clearly has "issues" after its recent shocking trading statement but I cannot help note the revelation that its shareholder list includes Mr Fraud.

15 January 2017, 11:29 | By Gary Newman |

Serica remains a buy despite recent strong gains

Usually when shares in a small AIM company has risen by nearly 300% from the level where I recommended it as a buy, I would be advising to take your profits before the almost inevitable retrace that so many suffer from.

15 January 2017, 11:28 | By Tom Winnifrith |

Tom Winnifrith Bonus Bearcast - revisiting the 7 stages of grief with the Cloudtag & African Potash frauds

I revisit the seven stages of grief in relation to buying shares in frauds and other disasters. I look at which stage shareholders in the frauds African Potash (AFPO) and Cloudtag (CTAG) have got to and what the psychology of grief tells us about where share prices are heading. 

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15 January 2017, 11:27 | By Tom Winnifrith |

Metals prices 2016 in review and what Sprott expects in 2017

The world's best known investor in precious metals, Sprott Asset Management has just published its review of 2016 and its predictions for 2017. It writes:

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15 January 2017, 11:15 | By Tom Winnifrith |

Tom Winnifrith Bearcast - a New Prospectus brings shame on all concerned - shockingly misleading

Cynical Bear has written a fascinating article today on Simian Global (SMG) - HERE. Cynical Bear you are a wuss. You are far too generous about this crock of Turkish. If one goes to the prospectus and then cross references with companies house you will find a story of true horrors, something that the prospectus fails to mention, indeed it deliberately gives you a completely different impression. This prospectus stains all involved with it ( directors Edward Ng and Ajay Rajpal, Peterhouse Corporate Finance, Edwin Coe and the UKLA) with complete shame. How on earth do these folks sleep at night? My target price for the shares is 0p.

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15 January 2017, 11:12 | By Nigel Somerville |

Is Daniel Stewart about to set sail into the sunset?

A couple of interesting filings on Companies House leave me wondering whether former AIM-cesspit posterboy Daniel Stewart Securities plc (DAN) is being prepared for a quiet execution. It was clear from the (stunningly) late-filed 2015 Accounts that is was in serious trouble, and last year a debenture over the parent seemed to have morphed into a debenture over its subsidiary, Daniel Stewart & Co plc. Now the previously wholly-owned subsidiary, which contains the trading business, seems to have been raising money on its own account.

15 January 2017, 10:34 | By Cynical Bear |

Simian Global – If at first you don’t succeed…..try the Standard List!

A dispiriting new entry to the Sub-Standard Shockers XI this week – well someone has to fill the impending gap created by the liquidation of Worthington (WRN) - so please everyone give a warm welcome to Simian Global (SMG), a reincarnation of a previously failed effort. Please allow me to explain.

15 January 2017, 10:32 | By Pizza Hardman & Mad Euro-loon Lefty Darren Atwater |

Notes from Underground: It's the end of the world as we know it

In a mere five days, Donald Trump becomes president of the United States. In 90 days or so, Theresa May promises to pull the plug on the world's largest trade bloc.

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9 hours ago | By ShareProphets |

December edition of the UK Investor Magazine - featuring 7 tips, what our writers want for Christmas, Interviews with Conroy Gold and ECR minerals and much more

The December edition of the UK Investor Show magazine is live featuring 7 tips, plus 5 our writers hope that they will find in their stocking. Interviews with Conroy Gold and ECR Minerals, the bonfire of the charities lots on Cloudtag, Advanced Onco and much more.

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4 days ago | By Tom Winnifrith |

Bulletin Board Moron of the Week - its ouzo time as Potash booted off AIM

Send Tom Winnifrith a fascist lawyers letter as the fraud African Potash (AFPO) did on September 1 and your fate is sealed. Today African Potash was formally booted off AIM. Now it will fail to raise cash on NEX (formerly ISDX) and will go bust soon. Lyin' Chris Cleverley meet Karma. Ain't she sweet? Amazingly there are still some people out there on the Bulletin boards who think its all my fault and Lyin' Chris runs a great British Company. Whatever. In that vein please nominate the most moronic Bulletin Board or twitter comment you can find in the comments section by midnight on Sunday 15th January. Have fun!

7 days ago | By Tom Winnifrith |

"Champagne" Reader Contest - Guess the share price of Cloudtag on April 1 with a Kate & Hayley picture tie-breaker

Here is an easy contest and the prize for winning is a bottle of Chapel Down English Champagne which I shall present on stage to the winner at UK Investor Show. It is easy to enter and the rules are simple.

7 days ago | By Malcolm Stacey |

Time To Phone Your Broker About BT Again?

Hello Share Nibblers. I took a big block of shares in BT (BT.A) on the recommendation of Alan Green of Brand Communications about four years ago. The stock rocketed soon afterwards, nearly doubling my stake. Pretty impressive for a Footsie member, I think. Then about a year ago, it dived for some reason I forget. And as usual when a ship wobbles I was still aboard. Never mind, I still enjoy a bumper paper profit on the stock, just not one that’s quite a chipper as it used to be. But things are changing.

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

FARCE!! Filthy Forty Taihua – second new website blocked, another missive to AIM Regulation

This is descending into farce: almost seven weeks ago we noted that the company website of ShareProphets AIM-China Filthy Forty play Taihua (TAIH) had disappeared. Following two missives to AIM Regulation, finally a new website was notified by RNS on Wednesday but it lasted less than 24 hours before being blocked – one assumes by the Chinese authorities, since the notification was in Chinese. Not to worry, yesterday the company notified another web address for its website but this morning that too has been blocked.

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

Spunk the Mon(k)ey - TrakM8 disaster acquisition exposed - told y'all

It is my birthday today and the TrakM8(TRAK) supporters club of top blogger Paul Scott, crony capitalist PR man Reg Hoare and tech analyst Lorne Daniel of FinnCap need each to order a bottle of ouzo to send me with a note saying "you were right - you is da king". Subsidiary accounts for Route Monkey have finally emerged and are truly diabolical just as I predicted to hoots of derision from the supporters club.

7 days ago | By Tom Winnifrith |

Tom Winnifrith Birthday Bearcast - where's my ffing ouzo Paul Scott & Chris Bailey's a freak

I start by explaining why Chris Bailey of Financial Orbit is a freak!. it is all to do with Star Wars. Then it is onto TrakM8 (TRAK) following my kerboom article of earlier. I make specific points about Paul Scott's favourite dog but then general points about why company's acquire and why that turns me off.

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7 days ago | By Tom Winnifrith & Steve Moore |

K3 Business Technology - a most disappointing profits warning but hang on

Having been tipped at a 148p offer price at the start of 2013, shares in K3 Business Technology (KBT) have more recently exceeded 350p. However, they are currently back to circa 240p following a disappointing“Trading update” announcement.

7 days ago | By Gary Newman |

Premier Oil looks to offer more risk than reward at the current share price

Like many producers, Premier Oil (PMO) has been struggling with debt since the oil price crashed a few years back. Some have managed to refinance the debt on their balance sheets, but for Premier the process has been dragging on for far longer than many expected and hasn’t exactly helped sentiment surrounding the company. Following today’s update though it looks as though that is finally about to be resolved.

7 days ago | By Steve Moore |

AO World – argues “Continued Growth and Strategic Progress”, BUT…

UK and Europe online electrical retailer, AO World (AO.) headlines a trading update for the quarter to 31st December “Continued Growth and Strategic Progress”, though the shares are currently approaching 8% lower, at 170p, in response. Hmmm…

7 days ago | By Chris Bailey of Financial Orbit |

Are the supermarkets hot to shop after their Xmas trading updates?

After being outed by Tom Winnifrith as a non-adherent to the Star Wars doctrine, I turn my thoughts to matters in our galaxy (not far away)…and the bevy of trading updates from supermarkets this week.

6 days ago | By Malcolm Stacey |

The Rising Cost of Foreign Travel Could Be a Drag on Thomas Cook's Shares

Hello Share Crushers. I’ve long held that travel operators are not an ideal choice for investment these days. This is based on the view that as people become more internet savvy, they see the economies of arranging their own holidays - thus eliminating the middle man. This makes it very hard to attain growth, and that’s what really drives share prices. And there are now other concerns on the horizon.

6 days ago | By Steve Moore |

STM Group – full-year trading update, how’s recovery from H1 profit warning?

I concluded in August on shares in cross-border financial services provider, STM Group (STM) that for those looking for a small speculation, I reckon you could do a lot worse – and reiterated that in October. The company is now “pleased to announce a pre-close trading update”

5 days ago | By ShareProphets |

We've brought our next hot share tip forward as it is so hot - catch it for just £5 TODAY

We were not planning to serve up our next share tip until the end of the month. But shares can move fast on AIM and we have identified a stock where something really is bubbling. And so our next hot share tip is out TODAY (Friday 13th) at 2 PM. we are working hard on it now.

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6 days ago | By Tom Winnifrith |

If Slater & Gordon did comedy they'd issue a press release like this...oh they did

Following news of the latest investigaton into it cooking its own books shares in Aussie law firm now trade at 29 cents down from c$8 when it blew £649 million buying 92% the assets of Quindell less than two years ago. Blowing up your balance sheet buying the biggest stockmarket fraud in 30 years is not a smart move. And as such I am delighted to see this release from the Aussie poltroons: 

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

Parallel Media – Harwood says thanks very much for the spoof

On Wednesday I called shares in AIM-listed Parallel Media (PAA) as a sell at 30.75p in the face of what appeared to be a BB pump and dump spoof on Tuesday which puffed the shares from 16p up to a peak of 46.5p in the middle, with a “speeding ticket” RNS released later that day. The shares have since come back to 24p mid (last seen), having put in a floor earlier today of 20.5p. Now we have had a NED walking with immediate effect after Harwood Capital had dumped the last of its holding.

6 days ago | By Tom Winnifrith |

Tom Winnifrith bonus bearcast - Paul Scott you are 100% in denial

Paul Scott gets some things right I gret wrong ( Boohoo!). And he is an incredibly talented analyst and writer and a good bloke. But his reaction to the TrakM8 (TRAK) shocker earlier is just nonsensical and has annoyed me. Paul is just in denial as I explain in detail. No doubt the health guru would also disapprove strongly with my Birthday pudding today which was just amazing.

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9 hours ago | By ShareProphets |

December edition of the UK Investor Magazine - featuring 7 tips, what our writers want for Christmas, Interviews with Conroy Gold and ECR minerals and much more

The December edition of the UK Investor Show magazine is live featuring 7 tips, plus 5 our writers hope that they will find in their stocking. Interviews with Conroy Gold and ECR Minerals, the bonfire of the charities lots on Cloudtag, Advanced Onco and much more.

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18 hours ago | By Tom Winnifrith |

Beaufort Securities and FCA action - calm down it's just one rogue trader

Those who do not like Beaufort Securities have been lining up to send me copies of an FCA notice varying its permissions to shut down its Discretionary Fund Management (DFM) services with immediate effect. Indeed, for weeks, I have been told by a number of folks tales of the FCA pitching up at Beaufort to remove computers. For those viewing this as part of a wider clampdown on City brokers or a massive blow for Beaufort, I have bad news...

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9 hours ago | By ShareProphets |

New sessions at UK Investor with Tom Winnifrith on Cloudtag and David Lenigas on Africa and UK Oil - new ticket offer

We are delighted to announce that UK Investor will be running two new sessions covering two companies of massive investor interest. The show takes place on April 1 (no joke) in London and already boasts a top panel of keynote speakers including Britain's Buffett Nigel Wray, top fund manager Mark Slater, the Queen of Tech Vin Murria, the UK's top share blogger Paul Scott and the UK's oldest fund manager as well as top bears Lucian Miers, Matt Earl and from New York Gabriel Grego and the Sheriff of AIM, Tom Winnifrith.

17 hours ago | By Tom Winnifrith |

Tim Martin of JD Wetherspoon - a total fucking genius: another Brexit lecture from The King

Mr Martin you are our hero. You say what we all think about the traitors art the Bank of England, City experts, the spineless twerp Cameron and the remoaners. You say it as it is. Today's comments in the trading statement are just utterly bang on the money.

1 day ago | By Tom Winnifrith |

Tom Winnifrith Bearcast: Cornhill fined over New World Scandal but the real villains escape

Sorry this is so late. I am meant to be taking a few days off with the Mrs and Joshua but I am also feeling very much under the weather. Better late than never here is my take on how the LSE has fined broker Cornhill £300,000 over the New World Oil & Gas (NEW) scandal. Where does this leave Cornhill? What about other brokers? The real issue is that the real villain of this tale, of which criminal Chris Oil was just one, appear to have got off Scot free

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9 hours ago | By Steve Moore |

Fitbug – shares soar (before suspension) on an RNS Reach ramparoonie

On the back of an RNS Reach (i.e. not even deemed to merit a main RNS) announcement, shares in “digital wellness technology provider” Fitbug Holdings (FITB) roofed it to be 370% higher, at 0.775p, before a suspension of trading was announced. Hmmm…

15 hours ago | By Tom Winnifrith |

Tom Winnifrith Bearcast: Grinding Poverty & Shit Internet in Wales & How the Mitie are fallen ( or soon will be)

I could not sleep and found myself scouring the interweb for data on poverty and population for the town of Blaenau where I visited a coal mine on Monday ( see HERE). I plan a major podcast on that when I am back in internet friendly civilisation, i.e. England. On the markets I look at Pearson (PSON), Nostra Terra (NTOG) and the idea that we are seeing a market blow-off. I dismiss one conspiracy theory about market makers then move on to Mitie (MTO) - Matt Earl is da King! - and then to Rosslyn Data (RDT).

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

Teathers releases Annual Results: where has all the money gone?

Formerly AIM-listed Teathers Financial (TEA) has released numbers for the year to 31 October 2016. They are truly shocking. In its year to October 2015 the group balance sheet sported a net assets value of about £800,000 having raised just over £1 million in the year. That is pretty bad. But as at 31 October 2016 (having raised no further cash) net assets came in at about just under £70,000 with just £658 in the bank. Where did it all go?

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

CloudTag – predictably another conversion by L1, but now warrants being exercised too

This morning AIM-listed CloudTag (CTAG) has announced, predictably enough, another loan note conversion by L1. But in what looks to be a bit of a surprise move, L1 has also elected to start on the warrants too, despite there still being loan notes outstanding. But oh dear, what about the dates…..

1 day ago | By Steve Moore |

Distil – update on Q3 trading statement as shares soar

Shares in alcohol drinks brands owner Distil (DIS) are currently 26% higher, at 1.45p, on the back of a “Trading update” announcement emphasising “excellent progress” in the company’s most important trading period…

2 days ago | By Steve Moore |

Hotel Chocolat – argues ‘performed well’, but what about on a like-for-like basis?

Chocolatier and retailer Hotel Chocolat (HOTC) has updated that it ‘performed well’ in a trading statement for the 13 weeks ended 25th December 2016, with adjusted revenue 14.6% ahead. What about like-for-like performance though?...

2 days ago | By Malcolm Stacey |

So Long Ashtead. Your Last Share Hike Led Me to Take Hefty Profits

Hello Share Movers. After a long and happy relationship, I’ve dumped all this family’s shares in the tool and plant hire company Ashtead (AHT). There are fair reasons, I feel. Though they are nothing to do with the company itself.

18 hours ago | By Nigel Somerville, the Deputy Sheriff of AIM |

CloudTag – are there fees/costs we don’t know about ref. L1 warrants?

I just ask a simple question about AIM-listed CloudTag (CTAG) and this pesky financing deal with L1 involving convertible loan notes and associated conversion warrants. Something caught my eye in yesterday’s RNSs from the company, in which it announced yet another loan conversion – and the first (I expect of a great many) warrant exercises by L1.

14 hours ago | By Cynical Bear |

MXC Capital and the shoddy tale of 365 Agile – what really went on here?

Steve Moore commented on the collapse at 365 Agile (365) last August HERE but I wanted to write a fuller piece on it highlighting the role of MXC Capital, particularly after the Redcentric (RCN) debacle as there is a lesson for investors here.

1 day ago | By Steve Moore |

Brady – reckons “sea-change” in its “mood and focus”. Recovery ahoy?

Having previously concluded that there could be some interesting recovery potential from commodity and energy markets software provider, Brady (BRY) but that the current uncertainty saw me continue to avoid, I note a trading update from the company...

17 hours ago | By Tom Winnifrith |

Wise words from the man who tipped Globo & Blinkx - Ramper Lawson

Who has just written "I said in our last newsletter that my portfolio performance was disappointing in 2016, but I am feeling a lot better now as I made a reasonable profit and better than most of the "expert" tipsters it seems. Perhaps the moral to be drawn from this news is that it might be best to do your own research rather than pick up tips from others and rely on them for investment purposes. Reading the national press or other publications might be useful for picking up ideas, but you should consider any tips with an appropriate amount of scepticism until you have researched the companies and fully understood what they do and their financial structure. In other words, don't simply believe what you read.

14 hours ago | By Steve Moore |

GAME Digital – claims “pleased” with performance over peak weeks, BUT…

Previously writing on GAME Digital (GMD) with the shares at 67p, I concluded bearishly HERE. The following updates with the shares currently down further, at sub 60p, on the back of an “AGM Statement and Trading Update” announcement…