ShareProphets

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


21 March 2017, 11:44 | By Steve Moore |

Audioboom – BOOM! Discounted fundraising follows bullish ‘KPI’ update earlier this month

Noting the balance sheet position (and related-party transactions) suggested continued caution, I previously updated on spoken-word audio platform company Audioboom (BOOM) earlier this month as the shares were recovering above 3p on the back of a “First Quarter KPI Update” announcement. Now BOOM – it’s discounted placing ahoy!...

21 March 2017, 08:49 | By Evil Banksta |

The Telit Sea of Red Flags

Telit Communications (TCM) is still the number one most shorted share on AIM, even after releasing final results last Monday that were welcomed by the market and saw the shares soar 14.6% to their peak of 360p on the day.  But with 10.5% of the stock out on loan to the alleged “smartest guys in the City” you have to ask yourself “What exactly am I missing?”  So began my thought process as I sat down to dissect the accounts.  Here are some quick thoughts:

21 March 2017, 08:45 | By Tom Winnifrith, The Sheriff of AIM |

Bad News for WH Ireland - I am "in" on its AGM and so is Jim Bagot

Oh dear, oh dear, I am sorry to have to break the news to WH Ireland (WHI) but a shareholder in the esteemed firm of pensioner muggers has agreed to appoint both myself and Jim Bagot as its "corporate representative" ahead of the AGM on March 30th.

21 March 2017, 08:39 | By Tom Winnifrith |

Charlatan & Snake Oil Salesman Darren Winters slammed by Judge, another thrashing due April 3

Oh dear, the charlatan Darren Winters who has made millions over the past fifteen years conning poor folks into paying vast sums to attend his worthless courses is having a bad start to 2017. First there was a total slating by the ASA for telling lies to win custom, now we can publish the Judges's verdict in a case we backed where Winters tried to exact money with menaces. The Judge was damning.

.

21 March 2017, 08:33 | By Cynical Bear |

BOS Global – My biggest AIM bugbear: the share price spoof

I haven’t been following BOS Global (BOS) that closely since the comedy gold video I commented on HERE but note the share price has increased quite nicely in recent months, much to my surprise. I noted, however, an acquisition announced yesterday which included the one thing that annoys me more than any other on AIM, the spoof made-up share price for equity issued as consideration for acquisitions. Let me explain.

21 March 2017, 08:29 | By Tom Winnifrith, The Sheriff of AIM |

And this another reason why folks just can't take ADVFN seriously...its joke awards are announced

The joke awards from ADVFN (AFN) are here again and yet again Brokerman Dan is honoured as the share blogger of the year. Two wins in three years. Nothing to do with him being on the board of delisted & shamed Sefton Resources together with his pals the ADVFN bosses, running an online tipsheet with the ADVFN Chairman this is all down to merit. Oh yes it is. Stop sniggering at the back! Actually it is not the most "interesting" award.

21 March 2017, 08:23 | By Malcolm Stacey |

AstraZeneca May Rise If New Drug Launches Come off

One of the big pharmaceuticals which I think will prosper on the misfortunes of millions of people is AstraZeneca (AZN). This is not to say that the company is exploitative. Quite the opposite - its scientists are only trying to help.

20 March 2017, 14:43 | By Tom Winnifrith |

Tom Winnifrith: I think this is my best bearcast for months: Redcentric, the FCA, arrogant dickhead fund managers, Independent Resources & Mkango

I hope this does not sound conceited but I think this is possibly my best bearcast for some time. I really enjoyed this from start to finish. Maybe I shall not go into retirement just yet, after all. Or maybe I still will. Anyhow, on the agenda: Redcentric (RCN), MX Capital (MXCP), the FCA, Mkango Resources (MKA), Independent Resources (IRG), arrogant dickhead fund managers and the UK Investor Show.

.

20 March 2017, 14:42 | By Paddington Bear |

Paddington Bear tucks into JackpotJoy as a big short call

There is split opinion on Standard & TSX listed JackpotJoy (JPY) both from people I highly respect. On the one hand Odey (not Crispin) are buyers and own a significant stake, and on the other hand we have Marc Cohodes who presented the bear case at Grants Conference here. 

20 March 2017, 13:54 | By David Scott |

The Oil price is heading for a sharp fall

High market prices are currently being supported by OPEC cutbacks, and these higher profits are funding the growth of American drilling. American oil explorers who survived the worst of the 2014-2016 market sell off are dismissive of the 14 percent slide in prices this year from a high of $55.24 to around $48 a barrel. The price would have to drop to the $30s or lower to dent the bottom line of many drillers now working U.S. shale fields, according to Katherine Richard, the CEO of Warwick Energy Investment Group, which own stakes in more than 5,000 oil and natural gas wells.

.

20 March 2017, 13:53 | By Steve Moore |

Pebble Beach Systems – “Final Settlement of VCS Consideration”, so much for “substantially debt-free”!

“Final Settlement of VCS Consideration” announcement from Pebble Beach Systems (PEB). I remind that on the conditional sale being announced on 20th October that RNS concluded “if the transaction completes then the group will be left substantially debt-free and to execute its software transition strategy with Pebble Beach Systems”

20 March 2017, 13:40 | By Tom Winnifrith |

Goldplat - 63% upside says house broker VSA

Goldplat (GDP) has announced that it has secured a $2 million short term debt facility from Scipion Capital. The loan is structured as a revolving pre-export facility and is available for 360 days from first drawdown. Interest is LIBOR plus 9.5%pa and repayment and interest are due monthly. Security on the drawn amounts has been granted over GDP’s South African tailings facility. This has prompted house ( thus not impartial) broker VSA to increase its target price by 9% and thus it claims that the shares, at 7.375p offer 63% upside.

20 March 2017, 12:37 | By Tom Winnifrith, The Sheriff of AIM |

Calling all WH Ireland shareholders - will anyone make me their AGM proxy ASAP

It has been drawn to my attention that the pensioner mugging free speech hating, free press threatening bastards at WH Ireland (WHI) are holding a GM on 30th March, a day when I just happen to be in London. I would very much like to attend as would Mr Bagot, a pensioner WH Ireland knows well. But we need your help.

20 March 2017, 11:45 | By Tom Winnifrith |

Is Bracknor spoofing investors to postpone the collapse of the Advanced Oncotherapy death spiral?

Death spiral provider Bracknor does not buy shares in companies. It loans the desperate, cash at pound of flesh rates which it then converts into shares at discounted rates and flogs to mug punters. That is the classic death spiral model. But to get such a death spiral away it needs a perception of market liquidity and also to avoid a complete short term collapse of the share price. And that brings us to Advanced Oncotherapy (AVO).

20 March 2017, 11:14 | By Steve Moore |

CAP-XX – interims argue “excellent progress”, but financials look CrAP (XX)

Self-described “world leader in the design and manufacture of supercapacitors, which considerably extend the performance of batteries”, CAP-XX (CPX) has announced results including that it “has again made excellent progress over the six months to 31 December 2016 and beyond in building on and refining its strategy”. Sounds positive. What? The shares currently 16% lower, at 8.5p?!?…

20 March 2017, 10:00 | By Tom Winnifrith |

Bulletin Board Moron of Week & Year is Long & Strong the fraud Cloudtag

Poster wiids on the LSE Asylum should not be confused with our own in-house loon Wildes. Frankly Wiids makes our in house pet loon look like Warren Buffett. The LSE Loon is a strong contender for BB Moron of the Year with this classic from last week but it is a bit like Ed Sheeran and the top 10 (heck kids I know what is hip & trending!), Wiids is dominating the Bulletin Board Morons chart. You can see a number of postings by this loon in last week's contest but the winner, nominated by a number of you, is:

20 March 2017, 09:52 | By Nigel Somerville, the Deputy Sheriff of AIM |

China FRAUD Aquatic Foods Q4 update: drowning in a sea of Red Flags

ShareProphets AIM-China Filthy Forty purveyor of all things fishy, Aquatic Foods (AFG), has updated on 2016 Q4 trading this morning. In a statement plastered with Red Flags it would appear that the company is nearing the final chapter of the China Norfolk playbook as we are warned that there has been a spot of bother getting cash out of China. Is it bye-bye to the dividend? 

20 March 2017, 08:27 | By Tom Winnifrith, The Sheriff of AIM |

Milestone Group – a lifestyle business for Deborah White: the hard data

I think Deborah White of Milestone Group (MSG) should be fired and then made to to a perp walk for her blatant breach of AIM rules with regard to non disclosure of price sensitive information. But there is another reason to hand Debs a p45 today...her stunning record of non delivery. It is worth chronicling just how bad it is.

20 March 2017, 08:26 | By Gary Newman |

Zinc Media looks expensive based on latest financials

Small AIM outfit Zinc Media (ZIN) released its interim results last week and trumpeted that it is continuing to move in the right direction, but I would question whether the turnaround is happening fast enough to make the shares attractive.

20 March 2017, 08:18 | By Malcolm Stacey |

How the Weak Oil Price Threatens the Footsie's Perky Progress

Hello Share Twirlers. Though the Footsie has been striding ahead, it would have done far better if the oil price had behaved itself. We are not just talking oil shares, but the whole of the share economy. A weak oil price has a negative effect all round.

24 March 2017, 15:38 | By Tom Winnifrith |

The March edition of the UK Investor Magazine is live - with why we fight fraud

The March edition of the UK Investor Show Magazine is live featuring 7 share tips, company profiles, interview with Richard Poulden of PCGE, why we fight fraud & fake news on Channel 4, Donald Trump, Marine Le Pen, a look at the banksters and much more.

.

19 March 2017, 15:24 | By Tom Winnifrith |

Bulletin Board Moron of the Week Contest Sponsored by the FRAUD Cloudtag (again)

It has only just dawned on me that in exactly two weeks time, at 4.30 PM I shall be cracking open the ouzo to celebrate the fact that no Nomad on AIM is so desperate for cash and morally bankrupt that it will act for the fraud Cloudtag (CTAG). And there will thus be an RNS issued to say that it will be slung off the Casino. As that day looms, how will the Bulletin Board Morons spin that as good news? Happy hunting on Cloudtag threads - and others - as we ask you to nominate the most moronic BB posts or tweets in the comments section below. The deadline is midnight Sunday 19th March and, yes, Wildes our pet in-house loon - can nominate his own posts if he wishes.

18 March 2017, 10:14 | By Cynical Bear |

The Worthington comedy continues: Flagship sunk but there’s definitely a Plan D….probably

It’s going to be a sad day when the Worthington (WRN) and Newco saga finally comes to a sorry end as it is comedy gold and Aidan Earley’s latest offering doesn’t disappoint. I thought I’d set out the full “announcement” that came out on Thursday with my commentary.

18 March 2017, 09:51 | By Malcolm Stacey |

Could the Wall Street Crash Happen Again? And If so, Will it Come Soon?

Hello Share Tusslers. The majority of private shareholders at the UK Investor Show at Westminster in a couple of weeks’ time will be sitting on huge gains over the year. They will be in a jollier mood than we’ve seen them in a long time.

.

18 March 2017, 09:52 | By Steve Moore |

Table of shorted AIM shares - week to 17/03/2017

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...

18 March 2017, 09:54 | By Evil Banksta |

EVR Holdings - valuation insanity writ large

As the well-known saying goes, turnover is vanity, profit is sanity but cash is king!  How then, should you refer to a company that displays either zero or negative for all three?  Welcome to the fantasy world of EVR Holdings (EVRH), the holding company for buzz-word bingo business MelodyVR.

18 March 2017, 10:15 | By Paddington Bear |

Paddington Bear announces his ShareProphets Return - major new UK short Monday

I am sharpening my claws and preparing to return to the fray as a contributor to this esteemed website: well, once I finish my marmalade sandwich. What is it that has brought me back you might ask? It is a confluence of factors:

.

21 March 2017, 14:26 | By Tom Winnifrith |

A One Off: Meet and talk 1-2-1 with Nigel Wray, the man dubbed Britain's Buffett only at UK Investor on April 1

Normally Nigel Wray turns up at UK Investor, talks and leaves. This year - our 15th anniversary party - is different. He will be there from start to finish and when not on stage that opens up a unique opportunity for those attending on April 1. For more than 40 years, Nigel , the man dubbed Britain's Buffett, has been a stockmarket legend for his ability to generate stellar returns not by wild gambling on mining punts or biotech start ups but by rigid value investing. Like the Original Buffett, the Sage of Omaha, Wray is a bottom up value investor who buys and holds. Would you like to know what he thinks is the cheapest share in London? Would you like a one to one chat with Nigel?

.

18 March 2017, 10:16 | By Tom Winnifrith |

Bulletin Board Moron of the Year - or is this parody? (Cloudtag Natch)

Not to be confused with our in-house loon Wildes, Wiids posts on the LSE Asylum and is long and strong Cloudtag (CTAG). This post may be an attempt at parody but the insanity of the long & strong Cloudtag loons is beyond satire. Who knows. Anyhow from last week this is potentially an early winner of Bulletin Board Moron of the Year:

18 March 2017, 10:17 | By Lucian Miers |

Final Thoughts on the Disgraceful IGAS Debacle. Lest We Forget

As the sordid story of IGas (IGAS) reaches its conclusion with massive destruction of value for its shareholders, let us not forget a deceitful and misleading chain of events, approved by Sarah Hale then at NOMAD Jeffries and completely unpunished by the AIM regulators.

18 March 2017, 10:26 | By Tom Winnifrith |

Tom Winnifrith Bearcast: What is a Cloudtag moron & the great EU blow-up we are missing

For the nth time not all Cloudtag (CTAG) shareholders are morons. But some are. I discuss how one defines a moron but also responding to "Rachael" I discuss why my combative style is needed and will not be changing. It cannot be an excuse for some of the things that have gone on. Yesterday's Cloudtag moron has now noticed my wife is of Indian origin and is emailing me accordingly. Then I look at the EU. The issue is not Wilders or Le Pen but economics and I present some data that will truly scare you. The can cannot be kicked down the road forever.

.

19 March 2017, 10:26 | By Pizza Hardman Darren Atwater |

Notes from Underground: The Teddy Bears picnic

ShareProphets readership increases every week - we can tell because we're a registration site and if you unsubscribe, you are kicked off the site. We don't have a dead subscription list like other, lesser, sites.

.

19 March 2017, 11:02 | By Tom Winnifrith, The Sheriff of AIM |

19 March 2017, 11:57 | By Cynical Bear |

Milestone Group: Shocking ramptastic RNS’s with just one purpose – placing anyone?

Tom and I have been pretty consistent in our criticism of lifestyle company, Milestone Group (MSG), and although it was touched upon in Friday’s Bearcast (HERE), I thought the ridiculous recent RNS’s required a bit more of a kicking. It is an appalling effort with one sole purpose, to try to seduce new mug punters into supporting this useless company.

20 March 2017, 08:18 | By Malcolm Stacey |

How the Weak Oil Price Threatens the Footsie's Perky Progress

Hello Share Twirlers. Though the Footsie has been striding ahead, it would have done far better if the oil price had behaved itself. We are not just talking oil shares, but the whole of the share economy. A weak oil price has a negative effect all round.

19 March 2017, 13:13 | By Tom Winnifrith |

Precious Metals Video Update: Short-Term Upside But How Much?

In this video Jordan Roy-Byrne of Palisade discusses the short-term upside potential in gold stocks and the key resistance levels. It would be a good sign for miners if they can test their February highs. Otherwise, the sector would remain in a trading range.

.

24 March 2017, 15:38 | By Tom Winnifrith |

The March edition of the UK Investor Magazine is live - with why we fight fraud

The March edition of the UK Investor Show Magazine is live featuring 7 share tips, company profiles, interview with Richard Poulden of PCGE, why we fight fraud & fake news on Channel 4, Donald Trump, Marine Le Pen, a look at the banksters and much more.

.

24 March 2017, 15:38 | By Tom Winnifrith |

Bulletin Board Moron of the Week Sponsored by London South East

Well this is a company that will sponsor any old crap and let's face it, 95% of Bulletin Board Morons post on the LSE Asylum. As the countdown to the fraud Cloudtag (CTAG) being booted off AIM next week accelerates you kind of sense which stock will be the focus of most entries. The competition rules are simple. Just nominate the daftest post on a BB or on twitter in the comments section below. Once again, our in-house semi-trained loon Wildes is allowed to nominate his own posts. The deadline for entries is midnight on Sunday 26th March. Post away!

23 March 2017, 10:07 | By Tom Winnifrith, The Sheriff of AIM |

The video that will nail Amit Ben Haim as a 100% liar when the fraud Cloudtag goes Bust

Well fraud fans, the first day of reckoning for the shabby fraud that is Cloudtag (CTAG) looms. If it has no Nomad in place by Monday night next week then its shares will be booted off AIM. Unable then to raise even death spiral funding and with no sales it will go bust pretty quickly. If it was not already close to going tits up it would not have attempted that last gasp discount placing with broker Novum. So, as no Nomad will sign up to act for an obvious fraud the Fat Lady is waiting in the wings. When this does go bust the video below, recorded with morally bankrupt rampers for hire Proactive, should be examined very closely by the Serious Fraud Office as it is damning..

24 March 2017, 08:07 | By Tom Winnifrith |

David Buik of Panmure - not sure if your tweet is shameful or just pointless

David Buik is one of those City grandees you are not allowed to criticise. It is like having a go at the late Queen Mum or beating baby seals to death. In that vein he sent out a wteet today which is wrong but I am not sure why exactly.

.

23 March 2017, 14:29 | By Tom Winnifrith |

Tom Winnifrith Bearcast: Paternoster Resources why cheap could be incredibly expensive

I comment on the hopeless response of smug MPs and the established media to yesterday's terror attack on my own website in a podcast HERE. On the markets I look at expectations management at Next (NXT), at how we know or knew about the balance sheet at Toople (TOOP) covered HERE by Cynical Bear or Advanced Oncotherapy (AVO) heading for 0p and covered in detail by me earlier HERE. I look at Public Services Properties (PSPI ) and what its AIM casino departure says about RTOs and contingent liabilities - which reminds me again of New World Oil & Gas (NEW). Finally I have a detailed look at the strange world of Paternoster Resources (PRS), not a stock you have to own in any way. PS Cynical Bear is not me. Can you see any typos in his articles?

.

24 March 2017, 11:11 | By Tom Winnifrith, The Sheriff of AIM |

Management Resource Solutions holds gun to head of poor shareholders

When running Broken Hill Resources (BHR) into the ground Murray D'Almeida threatened shareholders to vote for a crap deal at a GM or face wipe-out. Despite the infamous hairdresser sham placing, shareholders voted against Murray and his colleagues on the "screw you - we hate you so much" principle. Now with D'Almeida pulling strings at Management Resource Solutions (MRS) as a consultant - to avoid GM eviction shame see HERE - the same threat is being used.

24 March 2017, 15:37 | By Tom Winnifrith |

Tom Winnifrith Bearcast: You cannot finesse & trade fundamentals: ref Minoan & Wishbone

The Mrs (on maternity leave) is off galavanting somewhere. Eight days ahead of UK Investor, the busiest time of the year, I am babysitting. I am such a god damn frigging feminist. Anyhow I record this in terror lest Joshua wakes up. In today's podcast I explain why you cannot finesse a trade on a fundamental play and discuss Minoan (MIN) and Wishbone (WSBN) in that vein. I look at Digital Barriers (DGB) the latest triumph from Cloudtag (CTAG) moron in chief Liam Nichols. I discuss Tethys (RPL) which like Cloudtag is soon to leave the AIM Casino, Nyota (NYO) and London Capital (LCG).

.

23 March 2017, 10:00 | By Andre Brand |

Solo's Star Rises with Latest Helium Investment

There was exciting news out yesterday from Solo Oil (SOLO) with its venture into the specialty gas market, it is taking up to a 20% stake in Tanzania focused Helium One Limited .

24 March 2017, 08:07 | By Tom Winnifrith & Darren Atwater |

Yet another Cloudtag Countdown clock - how long till the Fady Lady sings?

If no Nomad is prepared to act for the FRAUD Cloudtag (CTAG) then its shares, now suspended, will be booted off the AIM Casino. No AIM = no death spiral funding so it will - very soon - run out of, other people's cash, and will go bust. But the first step is being booted off AIM. And, inspired by liar Amit Ben Haim, we have a useful countdown clock until that ouzo moment. Enjoy.

23 March 2017, 11:31 | By Tom Winnifrith, The Sheriff of AIM |

Advanced Oncotherapy - back at 31.5p - is Bracknor dumping or spoofing today? Timber!!!

It is just eight days to the GM of Advanced Oncotherapy (AVO) where shareholders are being asked to approve the issue of gazillions of new shares for the Bracknor death spiral. Since the alternative is going bust within weeks if not days then the result is a gimme although I intend attending - as the owner of 1 share - to ask some searching questions. But the collapse in the share price - the stock is now 31.5p mid, 30p bid tells you there are even bigger issues and that Advanced is, quite possibly toast whatever.

24 March 2017, 15:39 | By Tom Winnifrith |

Tom Winnifrith: The Top short sellers, bears and fraudbusters all together on April 1 - don't miss out

You might hate bear raiders. You might think that short selling is unethical. But what you cannot argue with is that ignoring men such as Evil Knievil when they sniff out a fraud or accounting malpractice will cost you a packet. At last year's UK Investor Show the Country's top bears did a detailed presention on AIM darling Avanti Communications, one of the AIM companies most beloved by professional fund managers. Since that warning Avanti shares have collapsed by more than 90%. This year the bears have new targets.

.

24 March 2017, 08:07 | By Malcolm Stacey |

How to Make Money on Full-Year Results - If You Dare

Hello Sharemates. As predicted on this glorious website some time ago, the share price of IQE (IQE) would fall on reporting day - and then recover. In the event when the figures were revealed on Tuesday, the share fell by about 12%. This was not logical, as the results were rather perky, as I outlined at the time.

23 March 2017, 14:28 | By Tom Winnifrith |

Twitter Investment Genius Caption Contest

The fellow or lady from the Costa del Crime is yet to tweet but he (or she) has a cracking portfolio as you can see on his/her profile, headed up by the fraud Cloudatag (CTAG). In light of that I wonder if you would care to suggest a first tweet as our caption contest with a twist. Submit your entries in the comments section below. The deadline is midnight tonight, 23rd March

23 March 2017, 10:00 | By HotStockRockets |

Saffron Energy Bezzecca update - all good news

Saffron (SRON) has confirmed that it has completed the logistics for a tie up of its Bezzecca natural gas project outside Milan within budget and on schedule. Certificates for mechanical and instrumentation completion have been issued and safety and performance testing is underway.

24 March 2017, 08:07 | By Tom Winnifrith, The Sheriff of AIM |

Gametech Beer & Popcorn time: Drummond vs Skelhorn, the latter bites back with a vengeance

The demise of Gametech PLC the next venture of Jason Drummond after the Teather's (TEA) debacle looks clear - so much for a stockmarket float care of London's worst Nomad Roland "Fatty" Cornish. We revealed the Gametech was heading for tits up town HERE last week. Now Mr Drummond's apparent arch enemy Richard Skelhorn has bitten back with an official statement relating to that article:

24 March 2017, 14:03 | By Steve Moore |

Flowgroup – energy supply business disposal & microCHP boiler production updates

Writing last month on Flowgroup (FLOW) I noted the shares down below 6p, having been 25p+ less than a year ago. Having fallen further, to sub 4p, they have currently recovered to 5p following a couple of recent announcements…

23 March 2017, 09:56 | By Nigel Somerville, the Deputy Sheriff of AIM |

Frontera – well ahead of itself, sell

One has to marvel at how oily serial disappointment AIM-listed Frontera (FRR) has doubled its share price since yesterday. Has it has a takeover? Nope. Has it announced a gusher? Nope. So what has sparked the rise? It seems  that it is in talks over a possible transaction involving a farm-out or joint operation arrangement within the area of its Block 12 holding in Georgia. But is this just a monster spoof?

Search ShareProphets |


Get your UK Investor Show tickets now here.



Stock market news |



Complete Coverage

New World Oil & Gas

African Potash

Cloudtag

The chairman's blog by Sir Ben Dover

Avanti

Gulf Keystone

Worthington

Highlands Natural Resources

Bearcasts

CloudTag

David Lenigas

Quindell

Tern

Optibiotix

Concepta



Recent Comments |