Online musical instruments and music equipment retailer Gear4music (G4M) has announced results for its half-year ended 30th September 2022 and that “trading in October and November to date gives the board further confidence that results for the financial year will be in line with the recently updated consensus market expectations”. So what of a current just above 100p share price?

Shares in Tesco (TSCO) were above 270p as recently as August but have fallen back significantly as it faces clear macro challenges. However, it has a long track-record across economic conditions and we consider the share price fall has been too extreme.

Cakebox (CBOX) has already warned that results for the six months to 30 September would be piss poor and it did not disappoint but folks who have lost a packet ignoring our numerous red flag warnings had a straw to clutch at, one covered with jam tomorrow.

Author and historian James Meigs will be a familiar face if you watch "Abandoned Engineering" on late night TV but he is a serious scholar.

Electronics for specialist and harsh environments company Solid State (SOLI) has announced a “£7.3m Defence Contract with NATO”, with divisional MD Matthew Richards emphasising “it is pleasing to be announcing this award with such a significant client”. So what of the shares currently further up to 1270p?

In today's podcast i discuss Kefi Gold & Copper (KEFI), Pantheon Resources (PANR), the residential housing market, Purplebricks (PURP) and the housebuilders and retailers in general, Sosandar (SOS), Joules (JOUL), Made.com (MADE) and Boohoo (BOO). I reference an articlle on greedy nurses and different types of averages and how they mislead HERE

SRT Marine Systems (SRT) has announced results for its half-year ended 30th September 2022 emphasising “revenue increase to £18.8m (H1 2021 £4.7m)… £2.1m - profit after tax (H1 2021 Loss of £3.1m)… we expect this trend to continue going forward driven by fundamental long-term demand drivers for maritime domain awareness”. Sounds good – and what of a current 5.5% share price rise to 48p, an £86.7 million market cap?

After the shocker from RICS the other day, here, Rightmove’s (RMV) latest survey of the UK housing market makes for more grim reading.  If you are still a shareholder in Purplebricks (PURP), which could not make money in the good times and so must now be spunking cash daily, why do you have a financial death wish?

A share price already down from a 160p 2016 AIM listing price to 10.5p when I wrote a week ago on Joules Group (JOUL) already told much, but it argued “good progress in defining and delivering its turnaround plan as well as continuing its focus on cost control and cash management” and “active customers are in growth, and brand health and awareness KPIs, which reflect consumer perception of the brand, have remained strong”. However, I argued that the financials meant I can understand why discussions re. Next plc (NXT) acquiring an equity stake “ceased” and to avoid / sell. Now from the group “Intention to Appoint Administrators and Suspension”.

In October Kefi Gold & Copper (KEFI) announced, in another delay, that it would get financial sign off for its Tulu Kapi scheme in “mid November”. Today, on the 14^th, some of my fellow shareholders are cacking their pants. Why? Just how dim are you?

A new week, a new suspension, as Joules Group (JOUL), the “true premium lifestyle brand with an authentic heritage”, announced an “Intention to Appoint Administrators and Suspension of Trading in Shares". Is it a huge surprise? Not really (and you can see now why Next plc (NXT) decided not to take a stake a few months ago). Meanwhile, and back to shares I do actually own, I see that Wood Group (WG.) is handing out $115 million in a “Settlement of Enterprise litigation case”. But the shares are only down 1% or so today.

Hello Share Collectors. This old punter won’t be the only one to remember with affection the old Woolworth’s stores. They were a treasure house in my fifties childhood and a great supplier of needs, both luxurious and essential. In my adulthood, I even have one of the pick n’ mix containers as a souvenir. Today’s choice for your further inspection is a bouncy high street retailer that seems to pursue a similar market.

I start with Muddy Waters, Pete and Pantheon Resources (PANR). Then on to ouzo man and his bear calls on Boohoo.com (BOO) and AO World (AO). Finally onto the blow up of FTX and Almeda Research and what that tell us about crypto and NFT hype which is now bursting.

Kefi Gold & Copper (LSE:KEFI), a gold and copper mine developer with projects in Ethiopia and Saudi Arabia is a company whose shares we think could double by Christmas and here is why.

Ariana Resources (AAU) has issued an update on the work programmes in Turkey it has interests in, emphasising that it is “highly encouraged by the simultaneous and substantial progress being made” on the projects by its 23.5%-owned joint venture.

On 12 September 2022, as Sarah Willingham’s Nightcap (NGHT) announced the opening of a new bar in glamorous Watford, the former Dragon’s Den star proclaimed “Nightcap now has 37 sites within its estate and a further 19 premises under offer or in legal negotiations for all its brands.” Less than two months later she said that the new openings programme was on hold. What changed? It is all to do with “Project pound.”

Here are five long reads that have nothing to do with shares. Put the kettle on, find a comfy chair. You have the time, don’t you? 
 

Peter Wall the CEO and interim ( for more than a year) chairman of Argo Blockchain (ARB) has been caught with his governance trousers down yet again. When will the regulators accept that Wall is a bad actor who should be ejected from the PLC stage?

The most-read non-quiz non Tom article this week is ‘UK house prices: Halifax only gives you half the story’ by Chris Bailey at No 3 or No 10 including bearcasts.

I weigh in on the debate on Biome (BIOM) looking at macro babble & bubble and bottom up analysis to decide which of my colleagues is, I suspect, right.