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Latest News

KCT

Have a Peek at this Bunch of Boffins who Advise Top Names on Making the Most of a Complex Techno World

Hello Share Bunnies. Let’s look at a company with an unusual name that’s been appearing on the daily winners list lately. Kin and Carta (KCT) is one of those outfits that gives support to companies that want to keep up with the opportunities presented by an ever-complicated technological business world.

IGE

Image Scan Holdings – new industrial customer, but still just how “significant” is the loss to be?

X-ray imaging company Image Scan (IGE) has announced a “New Industrial Customer”, emphasising the customer is a automotive catalytic converters and diesel particulate filters “significant player… with a global manufacturing footprint” and “there is potential, over the next few years, for further orders”. So what of a current share price rise in response to 2.25p?…

Bearcast
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Tom Winnifrith Bearcast: Nick Candy's bid claims, Audioboom and the chairman's share dealing

I refer to this blow-off piece in the wretched Mail on Sunday, sharedealings by the chairman the next day and alleged bid interest at Audioboom (BOOM). Surely something is wrong here? I discuss  the Europa (EOG) fund raise and what the real discount – not the pretend discount referred to in today’s misleading RNS – actually means for all small caps.  I look at the shock DotDigital (DOTD) warning and what that says about earnings visibiity generally and would I bottom fish that one stock? Finally I ask if oil proces are close to peaking and if one might bank a few profits?

Bear
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After Ukraine it can never be the same again and it is going to be far worse before it gets better

With inflation and possibly stagflation now back with us for the first time in forty years what differently are you doing with your investments/pensions? Nothing is not the rifght answer.

Bear

February performance update: start of 2022 top shorted London-listed shares

Early this year we showed the top shorted London-listed shares at the start of 2022. How’s the performance (those in bold remain from 2021) as at the end of February?…

TERN
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Tern – New Venture With Money It Hasn’t Got As Clock Ticks Down To Bailout Placing

AIM-listed jam-tomorrow IoT investment company Tern plc (TERN) announced yesterday that it is to participate in the Sure Valley Ventures UK Software Technology Fund, to the tune of an initial £90,000 and a total of £5 million over the next ten years. So where is the money coming from as the deadline for converting Tern’s first round of warrants in Wyld (due at the end of the month) ticks down to an inevitable discounted bucket-shop placing?

DOTD

dotDigital – interims, ‘below expectations’ certainly not enough for the valuation...

Previously writing on marketing automation and customer engagement software group dotDigital (DOTD), only in January with the shares down to 160p I concluded there was still a premium valuation and that the latest share price response suggested an exceptional performance needed to maintain the share price, sell/avoid. The shares last closed at 149p and on the back of half-year results are currently… below 80p!

BARK

Barkby – The (Not Very Good) Pump Before The Dump?

AIM-listed Barkby Group (BARK) has announced the completion of a clinical study by Verso Biosense, a minority shareholding of the company. There were, natch, no numbers from this missive from a lookalike of the Adam Reynolds keyboard, so it is hardly an RNS released to inform shareholders…..but then, it is an RNS Reach.

IGAS
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IGas offers future potential as a diversified energy play - speculative buy

IGas Energy (IGAS) has been performing well recently in terms of the share price, but following the latest trading and reserves update it has taken a bit of a hit and pulled back more than 14%.

MDZ
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Mediazest – FY Results Show Placing Must Be Imminent

AIM-listed Mediazest (MDZ) announced its full year results to September this morning and the numbers were a horror show. The shares are 18% down as I write, to 0.0775p and there is every reason to expect them to fall further.

SHEL

Shell and BP Seem Even More Undervalued as the Oil Price Continues its Ride to the Stars

Hello Share Swashers. As I write, the price of Brent crude is $112 a barrel. The highest price ever I recall was about $158 and that was 2008. So there’s certainly room for the price to become loftier yet.

BYOT

Byotrol – argues “a significant improvement in product sales”, but what about the overall performance?...

A trading update from infection prevention and control-focused company Byotrol (BYOT) commences, “Our second half performance (six months to 31 March 2022) is showing a significant improvement in product sales compared to our first half, and the order book remains strong into year end” and includes “if we do not conclude any large IP sales, we would expect overall revenues to be no less than £6m, with positive underlying EBITDA for the year… we expect our cash position at year end to be no less than £1m”. The shares have currently responded up to 3.15p, but what of they still down from above 5p as recently as December?…

HOTC
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I love total returns at Aviva but not the share prices of Hotel Chocolat and Vertu Motors

Back in November I admitted that I still liked holding shares in insurance company Aviva (AV.) HERE. Today’s full year results may include a fall in profitability (thanks to the price-competitive world of life insurance), but…

BST
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Big Sofa updates we long suffering shareholders

The relatively new CEO at, now delisted, Big Sofa (BST) has updated we long suffering shareholders. Well some of them. Like most of the company’s owners I was not sent the newsletter below but someone who was has passed it on. It seems that the last CEO, that bird Kirsty, was all talk just like her predecessor. But Sam Curtis sounds like he is making some progress. Those closer to the action than I am, still talk of a trade sale in 2023 or sooner but I shall believe it when I see it. Sam’s views are below.


 

Bearcast
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Tom Winnifrith Bearcast: Luke Johnson and the upper class twit of the year

I start with a look at 5 duff IPOs and the questions folks did not ask: Peel Hunt (PEEL), musicMagpie (MMAG), Nightcap (NGHT), Parlsey Box (MEAL) and THG (THG). Then onto Russian stocks crashing and Eurasia Mining (EUA) delaying its own downfall but only pro tem. Finally a look at Marechale Capital (MAC) backed by my friend Luke but run by the Upper Clas twit of the year. What is Luke thinking of? I run through hard numbers.

SYME
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BREAKING: Supply@Me Capital – another corporate blow up on the watch of a Supply Non-Executive Director

Non-Executive Directors can play a crucial role in corporate governance in providing constructive challenge to Executive Directors and ensure that they are operating in a compliant fashion.  In terms of the manifest unsuitability of Supply NED’s to monitor the making of a cup of coffee let alone overseeing a PLC, I have previously highlighted the failings of David Bull at PCF Group (PCF) infamy but this time the spotlight falls on Ms Susan Chishti and her Non-Executive Directorship of JLG Group Plc where she has been a director since 1 February 2016.

OSI

Osirium Technologies – “new business wins”… but still at what price will the next attempted funding bailout have to be?

After a recent equity raise, cybersecurity company Osirium Technologies (OSI) now “is pleased to announce continued new business wins”. So what of a current share price rise to 5.5p?…

MMAG
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musicMagpie – another 2021 example of IPO greed and institutional stupidity...and the pain is only just starting

Last April 15 musicMagpie (MMAG) joined the AIM sewer at 193p. Today, after publishing its first annual results, a tale of disguised cashburn and a deteriorating outlook the shares trade at just 112p.This is another example of the greed and stupidity of the 2021 IPO bull market. This time it is Peel Hunt which should hang its head in shame.

EUA
premium content

Eurasia Mining RNS - the stench of desperation

This morning’s RNS  from Eurasia Mining (EUA) smacks of desperation.  It’s missing any update on the only topic that shareholders are interested in: the sale; or the “liquidity event” as Eurasia referred to it in its 14th of February RNS.  We’ve repeatedly highlighted issues with the supposed sale here on ShareProphets, but it should now be crystal clear that the political risk in Russia is off the chart, meaning that no non-Russian company is ever going to buy a mining asset in Russia!  And any Russian company will simply do what Putin tells them to do.

CDL

Sub-Standard Cloudbreak Discovery: Smash’n’Grab Placing at 20% Discount

It was announced intra-day yesterday that sub-Standard Listed Cloudbreak Discovery (CDL) had raised £1.5 million (before expenses) in discounted placing at 7.5p a pop. This follows the miraculous rise of the shares which started ahead of the announcement of boardroom buying, which saw the shares rocket from around 1.75p to as high as over 13p yesterday, just before the announcement.

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ANP

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ORCP

Oracle Power: Cynical Foul

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