ShareProphets

Thursday 25 May 2017 The one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares


16 March 2016, 07:54 | By Nigel Somerville, the Deputy Sheriff of AIM |

China fraud Jiasen – oops, another NED walks

Our sincere apologies for missing the fact that ShareProphets AIM-China Filthy Forty play Jiasen (JSI) slipped out a board change RNS at lunchtime on Friday last week. I guess we were all in the Punter's Return at the time. It seems that Mr Curt Riley has resigned as a NED as from the end of May.

16 March 2016, 07:52 | By Malcolm Stacey |

Trying to Imagine a Techie that's Worth a Punt? - Have a Look at This One.

Hello Share Mongers. It’s been my practice for a year or two to avoid techno firms like rattlesnakes in the night. But even in the most scary of sectors there are some firms that have potential.

15 March 2016, 15:57 | By Tom Winnifrith |

TomWinifrith Bearcast 15 March - At last I can speak again

At last I can speak again for reasons I explain in the podcast. Then it is onto Circle Oil (COP), Coms (COMS), Totally (TLY), Stellar Diamonds (STEL) and Concha (CHA). And that is it for me now to bed with Oakley as I am still in a bit of pain.

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15 March 2016, 15:38 | By Tom Winnifrith |

The Winner of the David Lenigas Cuba caption Contest announced

Once again a range of funny and filthy entries were offered for this contest and I was sorely tempted to award myself the prize for my suggestion involving Wildes and oral sex. You can see all the entries here but the winner for someone who understood where Jabba started out, in Star Wars is Santiago:

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15 March 2016, 15:30 | By Tom Winnifrith & Steve Moore |

Stanley Gibbons - take up open offer, we are

Stanley Gibbons (SGI) “is pleased to announce that it now proposes to raise £13.0 million (£12.3 million net of expenses)”. It shouldn’t be. 

15 March 2016, 15:13 | By Tom Winnifrith, The Sheriff of AIM |

US Oil & Gas - is it time for comic relief already? The fraudsters excel themselves

I have been saving a duo of no-one is watching O'Clock announcements from Thursday 10 March and a third the next morning from the fraudsters at US Oil & Gas (USOP) for a day when I needed cheering up. After an hour in the dentist's chair, today is such a day. This is sheer comedy genius from Brian "the dog ate my drilling data" McDonnell. Say what you want about wee Brian but you cannot deny that this guy is the funniest Irishman since Father Ted. Where to start?

15 March 2016, 14:08 | By Tom Winnifrith |

Solo Update on Kiliwani but what about the $500,000 it was meant to pay on Saturday but cant pay?

Just over a month ago Solo Oil (SOLO) announced it was increasing its stake in the Kiliwani gas project in bongo bongo land and that it would sign an SPA and hand over $500,000 within 30 days. 30 days was last Saturday and still we await an RNS but Solo can't do that because it has not got the cash so instead...

15 March 2016, 13:04 | By HotStockRockets |

Jubilee Platinum - good news from Dilokong: Buy

Jubilee Platinum (JLP) has updated that, having previously commenced with the commissioning of a processing plant at the Dilokong mine of ASA Metals thereby qualifying for offered incentives, the plant is now fully commissioned and operational and that its commissioning and ramp-up has reached 85% of design throughput.

15 March 2016, 12:51 | By Lucian Miers |

Can anyone help me get borrow on UK Oil & Gas?

With Petroceltic (PCI) put to bed I am looking for borrow in UK Oil and Gas (UKOG) which seems crazily valued at £51 million and represents cracking value to short at 2.43p Any suggestions are welcome. I am not short but would like to be.

15 March 2016, 12:31 | By Tom Winnifrith |

The wit & wisdom of fraudster Sam Antar as he has a go at timeshare companies

Sam Antar's interview was the highlight of Gold & Bears. The guy is a comedy genius as well as a fraudster genius as you can see here. Today he is having a go at listed timeshare companies which are being touted by banksters at a JP Morgan conference as a new hot thing. Sam vs the banksters: I know who I'd back. As ever the man is a bit of a wit. Sam starts with this tweet:

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15 March 2016, 12:00 | By Steve Moore |

Ocado Group – trading update reckons “steady progress”, but what about cash generation?

I previously updated on online retailer and technology group Ocado (OCDO), questioning whether its results for its year ended 29th November 2015 really represented “good progress in a challenging market environment” HERE. The following reviews a latest trading update – this time emphasising “we are pleased with the steady progress in our business”. Hmmm…

15 March 2016, 10:26 | By Lucian Miers |

Final Thoughts on Petroceltic

I think it is probably fair to say that Petroceltic (PCI) Chairman Robert Adair and CEO Brian O Cathain do not feature on the Christmas card list of Worldview’s Angelo Moskov who now, finally controls the company, having snapped up 70% of the company’s debt at a substantial discount to face value.

15 March 2016, 10:18 | By Tom Winnifrith |

Concha - call me old fashioned but its latest acquisition is insane

Concha (CHA) has finally done a deal. Chris Akers can call me an old fart who does not understand the world of new media and he may well be right but what he has done appears insane.

15 March 2016, 08:17 | By Tom Winnifrith, The Sheriff of AIM |

Fastjet CEO and General Counsel ousted by Stelios - now decks cleared for bailout placing

Ed Winters the CEO of Fastjet (FJET) had wanted to stay on the payroll for 12 months after a new captain of the low cost airline Titanic could be found. Sir Stelios of Easyjet wanted him out now - even with no CEO in place - and also demanded the head on a platter of General Counsel Krista Bates. Ed & Krista squirmed but with Sir Stelios owning 12.6% of the shares and the money running out, Ed and Krista have gone. Krista cleared her desk today, Ed clears his on Friday.

15 March 2016, 08:16 | By Malcolm Stacey |

Not Scared of UK Bank Shares? This One Makes a Good Account of Itself.

Hello Share Scrimpers. Here I go again - recommending a bank for your scrutiny. I sometimes wonder why I bother, as the big British banks have an eight-year-old habit of letting us down.

14 March 2016, 16:36 | By Tom Winnifrith |

Tom Winnifrith Bearcast 14 March - foxy techhead Katia and what her woes mean

I start with the rise and fall of foxy Katia Beauchamp and Birchbox a tech hero which is stuttering. What does that mean for the rest of us? I discuss specifically what it says about Wandisco (WAND). I look at Global Resource (GRIT) or should that be more SHIT from Sam Hutchins and then also Environmental Recycling (ENRT), a worthless fraud. The it is onto Goldenport (GPRT), MX Oil (MXO) and also Union Jack Oil (UJO). Finally back to Nyota (NYO) please email Richard.Chase@NyotaMinerals.com and tell him that a move to NED is not enough, he must go and must go now for good. And I dont think he really is an NED anyway for what it is worth - something I explain in the bearcast.

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14 March 2016, 14:57 | By Tom Winnifrith |

Here's a first: serial liar David Lenigas admits he lied

Jeepers this is a first. Whatever next, fascist PR bullies Citigate Dewe Rogerson apologising? Chris Oil fessing up to his porkies? David Lenigas has today tweeted out an admission that he has been lying to his moronic, and increasingly impoverished, followers.

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14 March 2016, 14:16 | By Nigel Somerville, the Deputy Sheriff of AIM |

F40 Origo – a history lesson in reading Admission Documents

ShareProphets AIM-China Filthy Forty play Origo Partners (OPP) remains suspended pending financial clarification as shareholders face a grim high noon in the Isle of Man courts when the majority holder of (now defaulting) zeros looks set to get the company forced into wind-up.

14 March 2016, 14:10 | By Tom Winnifrith, The Sheriff of AIM |

Goudron Bollocks from LGO as it tries to ramp as £5 million rescue placing struggles

Five days ago we revealed that David Lenigas himself was trying to arrange a £5 million bailout placing for insolvent LGO Energy (LGO) which would see Jabba go back on the board and hapless CEO Neil Ritson pushed into the long grass a couple of months later. We have emails from broker Dowgate to potential investors explaining Jabba's plans and saying that the placing would close well before the end of last week. There has been no RNS. Clearly - and not surprisingly - the placement is struggling big time and so LGO has today released ramptastic bollocks from Goudron to try to spoof punters into backing the bailout.

14 March 2016, 13:07 | By Nigel Somerville |

Goldenport – down 53% today but shareholders still facing a zero. Will Tom W offer a bag of crisps?

On Saturday we showed why we think that main market listed Goldenport Holdings (GPRT) is a zero following its after-hours burial of bad news on Friday. With the shares (last seen) down 52.6% today, on a spread of 8p – 9p it is red faces all round at Panmure Gordon which rated the stock a buy with a price target of 125p as recently as November 2015 (down from its previous buy recommendation with a target of 200p - itself reduced from 450p - back in April of last year). 

5 hours ago | By ShareProphets |

The May edition of the UK Investor Magazine is live - Tips, UK Investor Show photo feature, and the the end of the EU

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.

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4 days ago | By ShareProphets |

New Bulletin Board Moron of the Week Contest - sponsored by Quindell founder & fraudster Rob Terry

This week's sponsor, serial company founder Rob Terry, has been in the news this past week over a lawsuit brought by Aussie legal poltroons Slater & Gorden claiming to be deceived over the legal division that they bought from Quindell. Slater & Gordon will probably do just fine unless Quindell (QPP) or Watchstone (WTG) as it is called these days, points out ShareProphets sent S&G a docket of articles before the purchase went through. Anything to help the boys and girls at Quindell!

7 days ago | By Malcolm Stacey |

Introducing A Newly Listed Company which Is Making Piles of Cash

Hello Share Twiddlers. Continuing my theme that companies which build houses should do jolly well out of the various election promises to stimulate house building, I offer for your critical perusal another lot which services the building industry.

6 days ago | By Cynical Bear |

‘Kin ‘ell, Steve, you missed a trick or two, what are you playing at? Where’s the warm welcome back for L1 Capital?

I’ve been away for a few days so just catching up on matters and first things first, I need to pick up my normally excellent colleague, Steve Moore, on a couple of glaring ommissions in his piece on Kin Group (KIN) and its funding announcement earlier this week. It was rather rude after all to not give a warm welcome to an old friend.

7 days ago | By Tom Winnifrith |

The graph that makes the case for Not Voting at all - the three main parties are ALL deficit denying liars

The graph below is terrifying and makes a strong case for not voting at all in the General Election. It tracks the tax burden - the amounts the State takes from its citizens as a percentage of GDP. This is horrifying.

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7 days ago | By Tom Winnifrith |

UK Oil & Gas - Steve Sanderson you are either a liar or a deluded fool or both

As we predicted here, the UK Oil & Gas (UKOG) placing to raise £6.5 million has finally limped over the line at 0.8p. Lagos Securities had tried to raise the cash at 1p but we outed them and the price had to be slashed. The shares were 1.4p before the roadshow started. So how would you describe a placing that has seen the market cap slashed from £36 million to £22 million pre-new money as the shares tumbled. Over to odious prig "little" Steve Sanderson.

6 days ago | By Steve Moore |

Revolution Bars – from ‘platform to be confident about our prospects’ to profit warning in less than 3 months

“Trading Update” announcement from Revolution Bars (RBG). With the shares having been falling from above 210p earlier this week, what the chances that it is positive news?...

6 days ago | By Cynical Bear |

MySQUAR: it’s all kicking off, let’s take a proper look

I feel partly to blame for the ongoing war between the bears and bulls on MySQUAR (MYSQ) as I started covering the company at the start of the year on this site with a piece that was largely a writing exercise to see if I could write 400 words without using the letter ‘e’ (HERE). So I thought I’d better give it a more considered view now as I do have a bit of relevant expertise.

6 days ago | By HotStockRockets |

ECR Minerals China subscription update - like pulling (Dragon's) Teeth but shares will zoom soon

The great £553,564 investment by Shenyang Xinliaoan Machinery Co Ltd into ECR Minerals (ECR) announced on 27 February grinds on.

6 days ago | By Steve Moore |

LightwaveRF – follows ramparoonie with half-year results showing continued cash burn

Commenting yesterday on the “Launch of Google Assistant voice control” ramparoonie (Oops) RNS announcement from LightwaveRF (LWRF), I suggested it clearly currently remains cash burn ahoy, with results for the six months ended 31st March 2017 following today

6 days ago | By Tom Winnifrith |

Union Jack Oil at 0.14p - worth up to 0.98p: SP Angel

SP Angel is houes broker to Union Jack Oil (UJO) so take its notes with a pinch of salt. Bur I rate analyst Zak "The Knife" Phillips highly and as such today's reiterated buy stance after the news from Wressle cannot be totally ignored. As for the target price! The Kinfe writes:

6 days ago | By ShareProphets |

Table of shorted AIM shares - week to 19/05/2017

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...

5 days ago | By Tom Winnifrith |

Interquest - sell in the market: chairman Gary Ashworth acts like a prize tosser

Interquest (ITQ) has now announced that there is a formal offer at 42p per share in cash from an MBO team led by Gary Ashworth. That would be the same Ashworth who told us after the last profits warning that the future was bright and the shares were cheap at 52p.

5 days ago | By Tom Winnifrith & Steve Moore |

Zytronic – strong interims - lets bank our profits

Zytronic (ZYT) has announced results for its half year ended 31st March 2017 and that “the second half of the year has started well and is in line with expectations and on this basis we expect to make further progress in creating value for shareholders”.

4 days ago | By Lucian Miers |

MySQUAR, a total basket case. Sell at 5.1p

I wrote recently about AIM listed BNN Technology (BNN), a flaky and wildly over promoted China tech play, but having had a look at Burmese tech play MySQUAR (MYSQ), BNN looks a solid blue chip.

4 days ago | By Steve Moore |

InterQuest – an angry shareholder writes…

Having announced it is to make a 42p per share offer for InterQuest (ITQ) (Tom made his thoughts clear on the offer HERE) the following features the management buyout team’s (Gary Ashworth, Christopher Eldridge and David Bygrave, (‘Chisbridge’)’s) reasonings for the offer (in bold italics) and my responses following…

5 days ago | By Tom Winnifrith |

Investigative Journalism is NOT insider dealing - even our own house BBM Wildes should get that

Our in-house Bulletin Board Moron Wildes has his knickers in a twist claiming that our multiple scoops on the placing at UK Oil & Gas (UKOG) are in some way insider dealing and that the share price crash is down to us. Bollocks. I shall try to make this simple, so that even a simpleton can understand.

5 hours ago | By ShareProphets |

The May edition of the UK Investor Magazine is live - Tips, UK Investor Show photo feature, and the the end of the EU

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.

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5 hours ago | By Tom Winnifrith |

New Bulletin Board Moron of the week sponsored by Granny Snuffs & Wildes

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.

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1 day ago | By Tom Winnifrith |

Fruitcake backers Arron Banks & Jim Mellon plus AIM dog Manx Financial get Private Eye duffing up

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...

2 days ago | By Cynical Bear |

Echo Energy – Insane valuation; James Parsons is not worth £100m, he’s not a magician: SELL

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.

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

SCANDAL: Redx Pharma – goes tits up & blames thieving scousers, just 3 months after raising £12m

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.

1 day ago | By ShareProphets |

10 Reasons why Gold really is going to head much higher - do not miss out

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:

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1 day ago | By Tom Winnifrith |

Katoro Gold shares to more than double?

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.

9 hours ago | By Steve Moore |

Petrofac – shares crash further on update on SFO investigation

An “Update on Serious Fraud Office Investigation and Board Change” announcement from Petrofac (PFC) sees the shares currently crashing further in response...

1 day ago | By Tom Winnifrith |

Strat Aero - announcing a contract worth £20,000 suggests sales pitiful - when's next rescue placing?

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.

1 day ago | By Tom Winnifrith |

Take part in an up to £29m fund raise by FlowGroup via Primary Bid: Deadline 9 PM 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

1 day ago | By Tom Winnifrith |

Altyn - why should only institutions see the presentation? Here you go

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...

2 days ago | By Malcolm Stacey |

Gushing On Two Fronts, this Scottish Oil Giant Is Rocking Through the Rye

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.

11 hours ago | By Tom Winnifrith |

Waseem Shakoor explains all to Frontera owning morons once again...

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:

2 days ago | By Gary Newman |

It's hard to see how BOS GLOBAL can justify its current market valuation!

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!

5 hours ago | By ShareProphets |

Not all our share tips give readers 12 day profits of 77% some take longer - catch next hot tip tomorrow for just £5 + the Falanx excitement and will we make another 100% on Obtala

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!

13 hours ago | By HotStockRockets |

1Spatial – disappointing results (as expected), but more recent trading encourages: BUY

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”.

9 hours ago | By Tom Winnifrith |

Arian Silver: Pump & Dump, Mislead Investors, Executive Greed - why do I bother?

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.