Those who listened to Australian fund manager John Hempton speak at the Gold and Bears show last November will know that attention to detail is very much his thing. They will have heard him mutter that he believed US Pharmaceutical giant Valeant, based in Canada, to be worthless. This has been a bold call with ranks of hedge fund royalty (the most prominent being the unbelievably arrogant Bill Ackman) lined up against him.
Optibiotix (OPTI) shares trade at 69p-70p having slipped on news yesterday which was "the wrong sort of good news". Fear not. The right sort is imminent. The wrong good news was that it has set up a 52% owned JV with the University of Manchester called SkinBiotix. Optibiotix says that:
According to a report in China Daily Europe a new wave of Chinese company listings are [sic] expected in London as the London Stock Exchange ramps up its efforts to attract Chinese firms. With the stench of the ShareProphets AIM-China Filthy Forty in full nauseating flow, seemingly unaddressed, my heart sinks.
Banks have had a torrid time over the past few years, and few have been hit quite so hard as Standard Chartered (STAN), but this could present a longer term buying opportunity.
Okay the photo is from tree huggers but WTF is going on at Horse Hill. Men in whote protective suits arriving on the site and wandering around. Doing what exactly? Perhaps you'd like to suggest what the men in white coats are looking for at the Gatwick Gusher? Over to you. David Lenigas, Chris Oil, PR genius Steffi ( who works for both), anyone involved in Sefton, menacing PR hardman David Bick, Andrew Bell, shareholders in US Oil & Gas are all fair game. Do your worst in the comments section below. Deadline midnight Sunday
Has all the hard work by the PR fucking genii at Citigate Dewe Rogerson been successful? I refer not to the hard work of not being able to spell the name of clients properly, or of smearing journalists as racists to ensure that they really can secure great coverage for clients. Instead I refer to how much bottom line value the fascists added for their listed owner Huntsworth (HNT). Let’s look at Citigate’s results as disclosed in Huntsworth Plc, its parent company, 2015 results just published on Tuesday.
The lying market abusing little criminal twerp is behind bars at last as the photo below shows clearly. Don't hold back in today's caption contest - post your entries in the comments section below.
Hello Share Pickers. You don’t need me to tell you that shopping habits are changing. Yes, the days of going shopping are still with us. The great British public regard it as its number one hobby.
Shares in Sirius Minerals (SXX) have slipped back sharply since the annnouncement of the DFS for the North York Moors Potash mine. They now trade at 15.5p. But then then a slew of gushing broker buy notes pre the DFS pushed the stock up a lot. I personally would not get too fixated on short term movements.
As we have noted before, everyone round at Citigate Dewe Rogerson are PR fucking genii. That is especially those working on the Fastjet (FJET) account Angharad Couch, Eleni Menikou and Nick Hayns. You have to be a PR fucking genius to issue a release for your client when you can't even spell its name correctly as the screen shot below demonstrates. Fastjet may be a company heading for insolvency but at least its crack PR operatives are all fucking geniuses and any suggestion otherwise will result in an angry phone call with threats of libel suits, lawyers letters and a suggestion that you are a racist Greek hater.
Gianni Kovacevic is driving a Tesla across the US and promoting his book, ‘My Electrician Drives a Porche’. Contrary to popular belief the car only takes 30 minutes to charge, on long term trips the Tesla takes no more time than a conventional car. The age of the electric car is finally upon us.
Ariana Resources (AAU) has followed a recent announcement of a doubling of the resource estimate for its Kizilcukur project with news that a “recent drilling programme at Kepez West has confirmed the presence of a significant mineralised system”.
To the Bubble boys 5 nil, To the bubble boys 5 nil, To the bubble boys 5 nil. That great Bubble Sir Stelios has Fastjet (FJET) and its fascist bully boy PR scumbag operatives at Citigate Dewe Rogerson realing. Naturally I start with this. The heroic Sir Stelios makes me even more of an admirer of all things Greek. Well almost. I look at Hellenic Carriers (HCL) and also at Gulf Keystone (GKP) and Northern Petroleum (NOP).
Leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market, Safestyle (SFE) has announced results from a“record” 2015 and that so far this year “order intake has been significantly ahead of the same period in 2015 and the board looks forward to further progress in 2016”.
“Surface Transforms (SCE) is pleased to announce a conditional equity fundraising of up to £5 million… The net proceeds of the fundraising will enable the board to pursue its strategy of having the capacity to supply the commercial volumes which may be required by automotive OEMs… as well as fulfil their existing commitments to the company's aerospace and other customers”. Hmmm…
This morning saw a most interesting “Holding(s) in Company” RNS from Red Flag strewn ShareProphets AIM-China Filthy Forty play GTS Chemical. Now perhaps all is completely above board and we are looking at an unfortunate coincidence. Or perhaps the company has just announced that its CEO has been offloading shares. A clarification is surely needed.
Shares in Plexus Holdings (POS) are a significant faller today despite its latest announcement being a “Well Order Signed with Det norske, Norway” and this following an announcement of a “Russian Licence Agreement” and that its “Malaysian JV Wins First GBP0.9M Well Order”…
Fastjet (FJET) has today threatened legal action against Sir Stelios Haji-Ioannou after he published an open letter to the company suggesting it is heading for insolvency and revealing alarming data on load factors garned from "secret shopping" which Fastjet has bee hiding from investors. Naturally I agree completely with the analysis of Sir Stelios. His letter is below:
Hello Share Tusslers. Spaggers recently asked me on this magnificent website to have a look at one of the alternative banks. Banks that are not among the big four British banks with their less than impressive recent history. So why not put under the spotlight Onesavings Bank (OSB).
Imagination Technologies (IMG) has announced “an acceleration of its restructuring programme” and that “the group will undertake asset write-downs as well as record a number of contract and tax provisions”. The following updates with this coming after a dreadful profits alert last month…
The May edition of the UK Investor Show Magazine is live featuring three share tips from Gary Newman, the Greek meltown is worse than everyone thinks, and the EU is not fit for purpose plus a photofeature from the 2017 UK Investor Show.
The nauseating Mail on Sunday fawned upon Pippa Middleton and her ghastly family as they celebrated the "wedding of the Year". Bring on the revolution! But perhaps the real wedding of the year should be between our two very own in-house Bulletin Board Morons GrannySnuffs & Wildes who seem made for each other. can you find examples on the LSE Asylum, iii, ADVFN or twitter of comments more idiotic than those of our own dream team? If so post in the comments section below, the deadline is midnight Sunday 28th May.
Arron Banks is a big UKIP backer as is his pal Jim Mellon, although the old asset stripper of Uramin infamy is not actually allowed to vote in the UK as he lives offshore in the Isle of Man. Private Eye this week looks at how the two men have not exactly prospered by backing the underperforming, sub scale, IOM-based, AIM-listed, bank Manx Financial (MFX). It also questions whether Banks is as rich as he claims. Enjoy...
My last piece rather naively thought that Echo Energy’s (ECHO) new institutional equity investor, Spartan Fund, or Pegasus Fund as it became, would want to put its funds in at a fair valuation and thought the share price would go down. I was wrong and must assume that it is all part of the connected group of institutions and individuals here that have led to an insane valuation that appears to indicate that the mere mention of James Parsons is worth £100 million. That is nonsense and this is a massive sell.
It seems to be perfectly acceptable for companies on the Casino to complete fundraisings inadequate to see them solvent. Yesterday at 4.22pm shares in AIM-listed Redx Pharma (REDX) were suspended “pending an announcement” by AIM Regulation (the RNS following at 4.35pm – bit of a rush there fellas?) At no-one-is-watching o’clock (6.35pm: after-after-hours) the company announced that administrators had been appointed - just 3 months after the company had apparently raised £12 million in a placing and open offer. Coke and hookers all round for the Nomad and Brokers concerned. Stale bread and water for those sold this particular pup.
The world's best known resource group Sprott has published its monthly report and warns again that those with no gold exposure will lose out big time. Analyst Troy Reik writes:
Katoro Gold (KAT) was once the joke stock Opera Investments which did appear "accident prone". But it has now had the gold assets of Kibo (KIBO) injected into it, done a fund raise, moved to the AIM Casino and is, apparently, a whole new beast. House broker Beaufort has published a detailed note explaining why the shares should soar from 5.25p to 11.7p. I should note that Kibo retains a 56% stake in Katoro and we own a few Kibo shares.
An “Update on Serious Fraud Office Investigation and Board Change” announcement from Petrofac (PFC) sees the shares currently crashing further in response...
Strat Aero (AERO) the AIM casino listed company that under a former management team repeatedly lied to investors is still a joke. In January and February of this year it raised $1.23 million gross (call it $1.1 million net) promising that 2017 would be a turnaround year. One would hope so - in 2016 it lost c$3.5million. So how is it going? Not well I suggest, judging by a joke RNS today.
This is a major fund raise by FlowGroup (FLOW). It has most of it in the bag and will raise up to £29 million. This is institutional territory but it is - very decently - letting in Private Punters via PrimaryBid with an offer announced at 5.12 PM today and which closes at 9 PM tonight. The up to £4 million being raised is being done at 1p - the shares closed at 1.1p-1.15p. But this is not a party for spivs and flippers this is a proper City fundraise which FOR ONCE you can take part in - but hurry, the deadline is 9PM TONIGHT SIGN UP NOW HERE
I reckon that shares in gold miner Altyn (ALTN) are cheap as you can see HERE. Last week the company did a two day City roadshow (not raising cash) in which it gave a full presentation to fund managers. But why should the City boys & girls playing with other folks cash be the only ones to see the presentation? In that spirit...
Hello Share Crunchers. I hold stock in an awful lot of oil producers, perhaps too many. But one company which has never lit my fire is Cairn Energy (CNE). Maybe I should dip in, though.
The great bear raider Wassem Shakoor has termed Frontera (FRR) as one of the three most overvalued bits of crap on AIM. Another is MySquar (MYSQ) where Lucian Miers has just published a devestating expose HERE. Back to Frontera where Waseem has stuck it to the Bulletin Board Morons today. He writes:
There are plenty of companies on AIM where it is hard to see where the value is and why private investors are so keen to chuck their savings into the shares, and BOS GLOBAL Holdings (BOS) would certainly seem to fit the bill!
Four times in the past three or four months we have advised our readers to bank big gains on shares we tipped - the one before the one before last was a 77% profit (offer to bid ) in just 12 days. But though we target quick gains, most tips take rather longer to make money for our readers. take Falanx (FLX) we tipped it last year at a 4.75p offer - it is a solid cashed up fast growing cyber security play. We like it so much we own a few shares too but won't be selling any of them till after our readers bank big gains. The shares are now 9.5p -10p! That is a potential 100% offer to bid profit!
Results announced by 1Spatial (SPA) for its year ended 31st January 2017 are disappointing – though we previously stated they would be and note new management’s current year objective “to ensure that we generate cash and profitable adjusted EBITDA, as well as follow through on key strategic initiatives… Early trading in Q1 2018 has been strong”.
A chap for whom I have some time some of the time asked me why bother sticking it to Arian Silver (AGQ), a worthless piece of crap on AIM. Will it make any difference to the charade, to the game which sees userless tossers like Arian's CEO Jim Williams get ever richer, crony capitalists earn fat fees and investors get buggered again and again and again. No. My writings won't change that. And the chap is right in that it will just make a few more pathetic wretches who would rather lose money than accept the truth hate me. Yup. He is right.
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.
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