ShareProphets

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


27 April 2017, 08:27 | By Darren Atwater |

General Election Caption Contest Winner: Unerringly accurate photo

There were a lot of funny entries in this Caption Contest, and it was a pleasure to have such plentiful options. Yet, this caption stood out.

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27 April 2017, 08:27 | By Gary Newman |

Another decent update from Sylvania Platinum

I’ve been a fan of Sylvania Platinum (SLP) since early last year and during that time the share price has doubled, and the latest operations update has certainly done nothing to alter my view of the company.

27 April 2017, 08:27 | By Tom Winnifrith |

Oi Concha - Ve Interactive has gone bust where is the RNS?

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...

27 April 2017, 08:22 | By Steve Moore |

Imaginatik – trading update, ‘considering the cash options available’. Uh oh…

Having questioned at the weekend what’s with the radio silence, Tuesday saw Imaginatik (IMTK) provide “an update on trading for the year ended 31 March 2017”...

27 April 2017, 08:19 | By Malcolm Stacey |

There's No Business Like This Show Business for Pulling in Wealthy Advertisers

Hello Share Scramblers. At the much-loved UK Investor Show I heard someone on the main stage confirm something I’ve said once or twice on this scintillating website. That is that ITV (ITV) is worth considering.

26 April 2017, 09:47 | By HotStockRockets |

Collagen - positive trading update sparks shares

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…

26 April 2017, 09:46 | By Darren Atwater |

Video: Mark Slater interviewed by Tom Winnifrith for the UK Investor Show 2017

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.

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26 April 2017, 09:46 | By Tom Winnifrith |

Rosslyn Data - moves goalposts with bailout placing to hide its abject failure

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.

26 April 2017, 09:45 | By Darren Atwater |

New General Election Caption Content: Unerringly accurate photo

Caption this very accurate and not at all cropped photo of some nice Tories in the comments below. The deadline is midnight tonight.

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26 April 2017, 09:40 | By HotStockRockets |

Optibiotix - 'news management', whatever - still a buy

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....

26 April 2017, 09:34 | By Nigel Somerville, the Deputy Sheriff of AIM |

Advanced Oncotherapy: looking at the Exec Chairman’s Record – part 4

We are nearly there. Hurrah! The OpenCorporates.com website lists 153 company appointments for a Michael Jeffrey Sinclair spanning some six pages. Today we move into page four to see how the rate of dissolutions looks.

26 April 2017, 09:33 | By Gary Newman |

Surprising lack of interest in Ariana

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.

26 April 2017, 09:25 | By Darren Atwater |

General Election Caption Contest Winner: Knock at your own risk

Yesterday, we asked you to caption the photo below highlighting why the IRA would like to see Labour win. The competition was keen, but we've selected a winner.

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26 April 2017, 08:43 | By HotStockRockets |

Amryt Pharma - EB trial update

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.

26 April 2017, 08:19 | By Nigel Somerville, the Deputy Sheriff of AIM |

Advanced Oncotherapy draws £2m second tranche from Blackfinch, Bracknor converts another £200k

At no-one-is-watching o’clock last night (5.48 pm) AIM-listed Advanced Oncotherapy (AVO) slipped out an announcement that it had drawn the £2m second tranche of cash available under its one-year loan deal with Blackfinch. With my maths suggesting that the company was close to running on fumes that extra £2m to keep the show on the road pro tem will come in handy.

26 April 2017, 08:19 | By ShareProphets |

Sprott - why gold is going to carry on heading higher

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:

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26 April 2017, 08:19 | By Malcolm Stacey |

The Great Coffee Cup Outrage Could Be Cured by This British Firm

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?

25 April 2017, 12:08 | By ShareProphets |

TODAY: Patience, patience, patience and yet more patience - that is the key to making money from shares

Making money from shares is simple. Well it should be. Buy cheap. Hold. Hold. Hold. Hold, and finally sell when the shares have delivered you big gains. Where so many folks go wrong is getting impatient and not being prepared to hold, hold, hold. Let us tell you about Symphony Environmental (SYM) which we tipped at a 6.75p offer just over three years ago. It did nothing for ages....

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25 April 2017, 12:07 | By Nigel Somerville, the Deputy Sheriff of AIM |

Advanced Oncotherapy – looking at the Exec Chairman’s record, Part 3

Phew! 153 company directorships to plough through from the career of AIM-listed Advanced Oncotherapy’s Executive Chairman. He sure has been a busy chap. Actually the number is dropping slightly as a few more double entries come up on the OpenCorporates.com website – just as well. Having looked through the first 30 entries on Sunday (29 after sifting out double entries) and the same again yesterday, we come to the next 30 from our search of the career of Dr Michael Jeffrey Sinclair.

25 April 2017, 12:07 | By Tom Winnifrith |

African Potash –PKF Littlejohn LLP hang your head in shame

On 12 April 2017, the fraud that is African Potash (AFPO) announced a change of auditors from RSM UK Audit LLP to PKF Littlejohn LLP. One can understand why RSM UK Audit LLP might be keen to cease its relationship with a company with the frankly appalling track record of African Potash but how desperate does PKF Littlejohn LLP look in taking on African Potash as an audit client?

3 hours ago | By ShareProphets |

The April edition of the UK Investor Magazine is live - UK Investor Show edition

The April edition of the UK Investor Show Magazine is live featuring Metal Tiger, BMR, Harley Investments, Action Hotels and much more.

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5 days ago | By Pizza Hardman Darren Atwater |

New Bulletin Board Moron of the Week Contest - sponsored by MoneySwap

This week's contest is graciously sponsored by MoneySwap, the Filthy Forty constituent that has this week requested to be dropped from the AIM market.

6 days ago | By Malcolm Stacey |

Yes, Shares Are Expensive, But Perhaps Not as Pricey as They're Gonna Be

Everyone who attended this month’s UK Investor Show will be wondering whether to go into cash. Most analysts on the stage, as opposed to big cheeses supporting their own companies, were in a pessimistic mode. For example, that excellent commentator David Scott (Dr Doom) did a very scary presentation exclusively on the subject of forthcoming market disaster.

6 days ago | By ShareProphets |

Table of shorted AIM shares - week to 21/04/2017

From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2016 and thus far in 2017 (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...

6 days ago | By Tom Winnifrith |

Mercantile Ports & Logistics - and a few more things about the shysters

I understand that just as I was publishing yesterday's bombshell on Mercantile Ports & Logistics (MPL) the company was having a phone conference call with the mugs who are invested in an attempt to drum up more support with promises of jam tomorrow. Sorry to rain on your parade chaps. Yesterday's expose should make any sane person run for the hills, but here are a few other matters to consider.

6 days ago | By Steve Moore & Tom Winnifrith |

Action Hotels - disappointing (& late!) trading update, BUT...

On 20th April 2017, Action Hotels (AHCG) updated on a disappointing 2016, as well as that “trading in Q1 2017 is solid”. Hmmm…

6 days ago | By Tom Winnifrith |

African Potash shares suspended, sheer comedy from Lyin Chris Cleverley and his cowardly advisers at Peterhouse

This really should have been an ouzo o'clock moment as lying Chris Cleverley, Lord Hain of sleaze and the gang round at the African Potash (AFPO) fraud saw their shares suspended on the NEX lobster pot. But I was a good diabetic and had a Greek salad, medication and water instead. But I am off sick leave this morning because dissecting such unmitigated horseshit brings joy to my heart and is good for the blood pressure and the soul. This is comedy central from lyin' Chris who is still to follow through on his promise to sue me for libel. I can't think why. The Potash statement is in bold, the lie detection service is not. Brace yourself, this is funny.

6 days ago | By Darren Atwater |

Video: Tom Winnifrith introduces the events to come at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Tom Winnifrith introduces the events to come. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

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6 days ago | By Darren Atwater |

Video: Jerry Randall, CEO of Venture Life, presents at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Jerry Randall, CEO of Venture Life (VLG), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

6 days ago | By Darren Atwater |

Video: Erik Henau, CEO, and Adam Reynolds, Chairman, of Concepta present at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Erik Henau, CEO, and Adam Reynolds, Chairman, of Concepta (CPT), are at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

5 days ago | By Steve Moore |

Imaginatik – what’s with the radio silence?

I previously updated on Imaginatik (IMTK) following results for its half year ended 30th September 2016. Those showed further underlying cash burn seeing cash to a low level, though noted recent improvement. However, I noted the company also stating it was now further “investing in our sales and marketing resources and technology suite”. Having released trading updates on 9th March 2016, 11th February 2015 and 14th April 2014, what about this year?...

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

A look at the record of Advanced Oncotherapy's Exec Chairman

AIM-listed Advanced Oncotherapy (AVO) Exec Chairman Dr Michael Jeffrey Sinclair has, according to the OpenCorporates.com website, served as an officer of 155 companies over his illustrious career. With Advanced Onco facing a few issues of cash as it tries to get its Harley Street facility installed and running, it is perhaps worth a gander through this record. Here are the first 29 listed on the OpenCorporates.com website (actually it is 30, but one appears to be a double entry so has been removed).

5 days ago | By Pizza Hardman Darren Atwater |

Notes from Underground: Well, that was quick

After all the fussing and moaning about Tom leaving the site to pick olives or raise snakes or whatever it is he's doing, and following a spectacular week where the most popular story was written by yours truly, we have come to what we all expected in the first place. The number one story this week is General Election June 8th - Surely there is no doubt as to the outcome, there is no uncertainty now, written by one Tom Winnifrith.

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5 days ago | By HotStockRockets |

Metal Tiger – slightly delayed fundraising completes, shares recovering - buy

On tipping shares in Metal Tiger (MTR) earlier this month, we noted an oversubscribed (initially £3 million, but then £4.29 million) fundraising through well-known North American natural resources name Sprott. Tiger has now announced the closing of the funding…

5 days ago | By Lucian Miers |

More Red Flags at BNN Technology

BNN Technology (BNN) published its Annual Report last week along with an update on its current cash position and the appointment of a new Non-Exec Chairman. The share price has rallied 6% but is still shy of the 80p at which broker Mirabaud recently raised £25 million - and, looking through the bluster, there are some serious issues that holders might care to consider.

3 days ago | By ShareProphets |

TODAY: Patience, patience, patience and yet more patience - that is the key to making money from shares

Making money from shares is simple. Well it should be. Buy cheap. Hold. Hold. Hold. Hold, and finally sell when the shares have delivered you big gains. Where so many folks go wrong is getting impatient and not being prepared to hold, hold, hold. Let us tell you about Symphony Environmental (SYM) which we tipped at a 6.75p offer just over three years ago. It did nothing for ages....

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5 days ago | By Darren Atwater |

Video: Andrea Cattaneo, CEO of Zenith Energy, presents at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Andrea Cattaneo, CEO of Zenith Energy (ZEN), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

3 hours ago | By ShareProphets |

The April edition of the UK Investor Magazine is live - UK Investor Show edition

The April edition of the UK Investor Show Magazine is live featuring Metal Tiger, BMR, Harley Investments, Action Hotels and much more.

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3 hours ago | By Darren Atwater |

10 hours ago | By Tom Winnifrith |

House Price crash on the way? New data from Nationwide

I told you so. Many times. Property is a global asset class. The price of top-end properties in London is linked to those in San Francisco, New York & Vancouver. And the Chelsea ripple means that where London leads the rest of the UK follows. Put simply, if smug bastards in Islington cannot cash in their flats they won't be buying townhouses in Clifton, Bristol. And if smug bastards there can't cash in they wont be buying small houses for their ghastly brats in poorer parts of Bristol. Etc. etc. etc.

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1 day ago | By Tom Winnifrith |

Cloudtag AGM: rats jump ship, Lyin' Amit lies again and no mention of (lack of) cash - what's not to like?

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?

1 day ago | By HotStockRockets |

Concepta Results - where are the China sales? Buy: fireworks ahead

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.

1 day ago | By HotStockRockets |

Kefi - another box ticked - all on track for construction 2017: Buy

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."

1 day ago | By Tom Winnifrith |

Oi Concha - Ve Interactive has gone bust where is the RNS?

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...

1 day ago | By Steve Moore & Tom Winnifrith |

Petropavlovsk - 2016 results help shares higher: far more to go

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…

1 day ago | By Tom Winnifrith |

Zac "The Knife" Phillips goes for Green Dragon - warns equity may be worthless, calls for management change

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:

9 hours ago | By Tom Winnifrith & Steve Moore |

Petropavlovsk - Q1 2017 production results further boost shares

Petropavlovsk (POG) has announced first quarter of 2017 production results supporting a level of production towards the top end of the 2017 forecast of 420,000-460,000 ounces of gold…

3 hours ago | By Lucy Wray |

Lucy Wray: UK Investor 2017 the biggest & most exciting yet - Great reasons to book NOW for April 21 2018!

UK Investor Show 2017 was three weeks ago and was our biggest event yet. The 15th anniversary party got rave reviews from attendees. But fear not the 16th show , UK Investor 2018 on April 21 will be even bigger and better and there are compelling reasons to book your seats NOW.

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1 day ago | By Darren Atwater |

General Election Caption Contest Winner: Unerringly accurate photo

There were a lot of funny entries in this Caption Contest, and it was a pleasure to have such plentiful options. Yet, this caption stood out.

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1 day ago | By Steve Moore |

NCC Group – "Trading update", adjusted EBITDA ‘in line with expectations’. Hmmm…

“Trading update” announcement from NCC Group (NCC) opens with that “the group continues to trade in line with the board's expectations for full year Adjusted EBITDA, as announced on 21 February 2017”. Hmmm, adjusted EBITDA you say and what was that announced on 21st February?...

8 hours ago | By Steve Moore |

PhotonStar LED – shares 'roof it' on a “proposed roll out” announcement. Hmmm…

Shares in PhotonStar LED (PSL) are currently roofing it on the back of a “Proposed roll out of Halcyon IoT platform” announcement. Let’s review…

1 day ago | By Steve Moore |

Richoux – review as shares crash on full-year results announcement

I looked at Richoux Group (RIC) in October – review as shares soar on appointment of founder and former CEO of Prezzo – and today note the shares currently more than 27% lower, at 20p, on the back of a results announcement for the company’s year ended 25th December 2016...

1 day ago | By Gary Newman |

Another decent update from Sylvania Platinum

I’ve been a fan of Sylvania Platinum (SLP) since early last year and during that time the share price has doubled, and the latest operations update has certainly done nothing to alter my view of the company.

9 hours ago | By Steve Moore & Tom Winnifrith |

Reach4Entertainment - 2016 results show growth, but there’s a sting in the tail

Reach4Entertainment (R4E) has announced results for the 2016 calendar year and that “we are enthusiastic about the growth prospects that our new initiatives will bring”, although there is somewhat of a sting in the tail…