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A tips of the year update – including one mea culpa?
Following tips of the year success last year, I repeated the selection strategy this year. Does that though look set to work again following a trading update announcement today from one of this year’s tips?
- By Steve Moore |
- 21 February 2024, 16:24 |
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Video: Gold and the Return of the Banking Crisis
Some folks I respect suggest that we are on the verge of part three of the Great Financial Crisis with banks at the heart of it. Maybe I will not buy any shares in NatWest Group (NWG) after all. Analyst Sam Lawrie is among those warning.- By Tom Winnifrith |
- 21 February 2024, 15:05 |
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Letter to AIM Regulation: Nightcap and breach of AIM Rule 11
As the United Kingdom slowly sinks into a cesspit of sleaze, corruption, fraud and lies I hold no hope whatsoever that the Oxymorons at AIM Regulation will do anything about companies that break its own rules and so deceive investors. But I have written to the Oxymorons anyway about Sarah Willingham’s Nightcap (NGHT) urging action NOW and certainly before it goes bust in June.- By Tom Winnifrith, the Sheriff of AIM |
- 21 February 2024, 14:29 |
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Feedback – interims and argues pilot agreement importance “cannot be understated”. What about cash burn importance?…
Medical device company Feedback plc (FDBK) has announced results for its half-year ended 30th November 2023 with CEO Dr Tom Oakley “delighted with the increased traction for our core products” and considering that the “outlook is promising”. So why currently a slightly lower to 61p share price, just above £8 million market capitalisation, and with the shares down from above 100p just last summer?- By Steve Moore |
- 21 February 2024, 14:25 |
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Vindicated yet again: Shield admits to overstating sales cash burn is horrid
Oh dear, oh dear as disgraced ex share tipster Mike Walters would have said as another of his duff share tips crashed. Did Walters tip Shield Therapeutics (STX) – where I have been a perma-bear – as it sounds like his sort of stock. Today there is news of bogus revenue recognition and a looming cash crisis. What is not to like?- By Tom Winnifrith |
- 21 February 2024, 12:20 |
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Angling Direct – trading update far from ‘direct’ on what its actual profitability is!
Fishing tackle and equipment retailer Angling Direct (ANG) has issued a trading update noting performance “in line with market expectations” and that it is confident it is well-positioned to achieve further growth through this financial year. What of a current up to 41.5p share price in response, though still down from even 45p reached a couple of months ago?- By Steve Moore |
- 21 February 2024, 11:45 |
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Valereum Blockchain – the new chairman Is spoofing you with his investment, supposedly, at 6p
Valereum Blockchain (VLRM) may have new management but with a string of cash burning initiatives it is still spoofing like billy-o to get the funding it needs. Yesterday’s ramping including news that it was seeking to raise £4million at 6p with chairman James Formolli pledging too pony up £2.5 million at 6p. Great.- By Tom Winnifrith |
- 21 February 2024, 11:27 |
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Why the house price bubble is going to burst but it is not as dramatic as it sounds
One day the Daily Mail, which is obsessed with house prices, tells us that house prices are soaring, the next day we are told that they are slumping. The reality is that neither is true or will be true. Instead what will happen, as the now roadsweeping Chris Bailey always flagged up, is that prices will increase only marginally in actual terms but in real terms will shrink for the rest of this decade. But that has profound implications.- By Tom Winnifrith |
- 21 February 2024, 10:17 |
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Roger Lawson's conclusions on Globo: should we tar all Greeks with the same brush?
The Globo (GBO) fraud claimed to be drowning in cash. In fact it had just debt. There were numerous red flags but its supporters, like Roger Lawson, suggested that we critics were wrong. Only after Gabriel Grego’s bombshell report, which only this website had the cojones to publish while snot gobbler Dan McCrum of the FT merely alerted the CEO so he could dump millions of shares, and when Globo admitted it was a fraud did Lawson accept that we were right. The great man has now spoken after news broken by this website that the FCA is not going to do anything about such a slam dunk fraud.- By Tom Winnifrith |
- 21 February 2024, 08:28 |
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Tom Winnifrith Bearcast: ouzos all round but let's start with vindication as La Willingham and Nightcap 'fess up to everything I stated
In today’s Bearcast I discuss my latest ailment which will joy to many as it hits my ability to write. Then it is Nightcap (NGHT),Ben's Creek (BEN), Horizonte Minerals (HZM) and Predator Oil & Gas (PRD).- By Tom Winnifrith, the Sheriff of AIM |
- 20 February 2024, 16:38 |
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Revolution Beauty – after recent news flow hitting the share price, “Grant of Share Options” time (natch!)
Having been approaching 34p late last month, group considering itself a “mass beauty innovator” Revolution Beauty (REVB) has since made announcements including noting a pre-action letter from Chrysalis Investments, a settlement agreement with a co-founder former CEO, a warning on trading and a change of auditor despite BDO only having been its auditor since 2019. The shares are resultantly down to 27.9p… and now “Grant of Share Options”?!- By Steve Moore |
- 20 February 2024, 16:05 |
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Max Rets Ventures – yet another listed company controlled by the, now collapsing, Dominic White web of companies
I discussed the POS in bearcast yesterday and today shares in Max Ret Ventures (MAX) have again slumped to just 3p to 10p – they were 20p mid two days ago! Even so they are a total bargepole stock and, after the collapse of Dispensa (DISP), I wonder if this is the next part of the Dominic White/Alessandro Zamboni empire to collapse. According to Max’s website the following shareholders are interested in 3% or more of the Company’s issued ordinary share capital:- By Tom Winnifrith |
- 20 February 2024, 14:45 |
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Tom Winnifrith Bonus Bearcast: Optibiotix and Skinbiotherapeutics and the nature of forecasts
The sole subject is what is in the title: Optibiotix (OPTI), SkinBiotherapeutics (SBTX), the nature of forecasts and how both will play out.- By Tom Winnifrith |
- 20 February 2024, 14:33 |
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Pod Point – trading update & CEO appointment. How “outstanding” is the opportunity really?…
Describing itself as “a leading provider of Electric Vehicle charging solutions in the UK”, Pod Point Group (PODP) states that it is “pleased to announce”a trading update ahead of its 2023 calendar year results to be announced in April and the appointment of a new CEO. With the shares currently responding more than 7% higher to above 23p, how ‘pleasing’ is the news?- By Steve Moore |
- 20 February 2024, 13:49 |
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EXPOSE: Technology Minerals another spoof release, are its shareholders dumb enough to fall for it? Yes they are!
Drowning in the stench of fraudster Chris Cleverly, the first cousin of our esteemed Home Secretary and fearless fighter of fraud James, Technology Minerals (TM1) has issued another ramptastic and wholly misleading RNS. It seems to have fooled some of the morons…- By Tom Winnifrith |
- 20 February 2024, 12:03 |
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Engage XR – emphasises “Major Contract Wins”, but how ‘major’ really?…
Describing itself as “a leading Metaverse / spatial computing technology company”, Engage XR (EXR) has issued a “Major Contract Wins”-titled announcement and the shares have currently responded more than 40% higher to 3.6p. So very major indeed contract wins?- By Steve Moore |
- 20 February 2024, 10:57 |
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BREAKING: Supply@Me Capital – VE Chain deal terminated, any chance of an RNS?
In my note yesterday on the insolvent fraud Supply@ME Capital (SYME), I looked at the various inventory monetisation deals that Supply had actually resulted in inventory monetisations, ignoring all the potential deals highlighted such as the Captive Bank, the Fintech bank and Stormharbour Securities (now in administration) funding which never materialised.- By Tom Winnifrith |
- 20 February 2024, 10:25 |
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Some bears are on the pitch, they think it’s all over…Horizonte Minerals after hours ‘fess up – TIMBER
Issuing yesterday’s car crash release after hours was a bit sneaky but you can expect Horizonte Minerals (HZM) shares to collapse today and if you can sell for more than 0p, the now inevitable end game, you should do so. Sorry Gary Newman, BB savant PL et al, we bears, myself, Evil Banksta and Lucian have been vindicated and it is ouzo’s all round for us. The news is devastating.- By Tom Winnifrith, the Sheriff of AIM |
- 20 February 2024, 08:25 |
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Why send me this release? And what does it mean? An ESG jargon bingo winner
I have no idea why I was sent this press release. And I also struggle to understand what it is all about. For those who enjoy woke gibberish it will, I suspect, offer some delight and will help you score highly on ESG catchword bingo. Enjoy. “Breaking Barriers: Gender Lens Investing reshaping financial landscapes”- By Tom Winnifrith |
- 20 February 2024, 08:24 |
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Tom Winnifrith Bearcast: a red face at the school gate this morning
I start with a bit of a schoolboy error from myself causing red faces all round at the Winnifrith family then it is onto Cavendish Financial (CAV), Technology Minerals (TM1), Faron Pharma.(FARN), Wildcat Petroleum (WCAT), Powerhouse Energy (PHE), Versarien (VRS) and problems and another scandal for auditors BDO, another Dominic White disaster Max Ret Ventures (MAX) the White/Zamboni empire is collapsing.- By Tom Winnifrith |
- 19 February 2024, 16:16 |