Video: Gold & Silver Go Vertical When This Indicator Breaks Trend
Michael Oliver of Momentum Structural Analysis says this is a when not an if and starts with the problems in the real (US) economy.- By Tom Winnifrith |
- 12 January 2024, 12:00 |
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Breaking: Email Exchange with Stuart Ashman as his Nomad demands no more interviews
This is Orwellian and shows that Giles Balleny of Nomad Cavendish (formerly Finncrap & Cenkos pre merger) is either thick as pig shit or morally bankrupt or both. Given he works for Cavendish I reckon it is both. He has ordered Stuart Ashman of Skinbiotherapeutics (SBTX) to record no more videos with me.- By Tom Winnifrith |
- 12 January 2024, 10:48 |
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UK Oil & Gas: another placing amid a catalogue of lies
To me UK Oil & Gas (UKOG) doing a discounted placing to keep the lights on is like bears shitting in the woods, the Pope being a Catholic or Jeremy Corbyn praising his friends at Hamas. It is just what happens and so a raise of £750,000 at just 0.2p today should cause no surprises. But then again it is worth winding back a year to see the weasel worlds of both Lyin’ Steve Sanderson and the national treasure and lovable old rogue - who I hope is still off the fags - that is Mr David Lenigas.- By Tom Winnifrith, the Sheriff of AIM |
- 12 January 2024, 10:10 |
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AIM Market Statistics for Year – A Disastrous Year sees the casino back to levels last seen in December 2003
As at 31 December, the AIM market had shrunk to 753 companies, a 20-year low. The number of new issues last year was just 15 companies, the lowest in AIM’s history since its formation in 1995. The second worst year for admissions was 2022 which highlights the scale of the ongoing crisis facing the market.- By Tom Winnifrith |
- 12 January 2024, 08:24 |
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essensys – argues “entered FY24… with the right operational base”, so what of now CFO “has decided to resign”?…
Describing itself as a “leading global provider of software and technology to the flexible workspace industry”, essensys plc (ESYS) has announced “Sarah Harvey, Chief Financial Officer, has decided to resign” though also arguing that the company has “entered FY24 as a leaner organisation with the right operational base to help our customers deliver digitally enabled tenant experiences across their premium office footprint”. So what of this latest news, corporate jargon and a current 36.5p share price?- By Steve Moore |
- 11 January 2024, 15:55 |
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Tom Winnifrith Bearcast: Slapping down young Gary Newman
I start with a couple of family matters and an apology to one listener. Then it is onto Kefi Gold & Copper (KEFI), Versarien (VRS), Cellular Goods (CBX) and the FCA, Canadian Overseas Petroleum (COPL) and naughty Gary, Ben's Creek (BEN), truly a short of the year and finally MyHealthChecked (MHC).- By Tom Winnifrith |
- 11 January 2024, 14:54 |
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Letter to the FCA Re Cellular Goods: if it fails to act on these TWO matters it is officially a joke
The FCA is charged with tackling financial crime and also regulating the Standard List of the Main market. I have written to it regarding a company once backed by David Beckham, Cellular Goods (CBX) where there appear massive possible issues on BOTH counts. If it fails to act on both matters it sends a signal that it is officially a complete joke and that on London’s financial markets anything goes. The letter is below:- By Tom Winnifrith |
- 11 January 2024, 13:56 |
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Robert Walters – argues “continued resilience despite challenging market environment”. How ‘resilient’?…
Specialist professional recruitment group with over 3,900 staff spanning 31 countries Robert Walters plc (RWA) has issued a “Q4 2023 Trading Update” headlined “FY23 profit before tax in-line with market expectations; continued resilience despite challenging market environment”. How resilient though?- By Steve Moore |
- 11 January 2024, 13:55 |
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BREAKING: Zeus Capital finally ‘fesses to appalling results
Zeus Capital is unlisted but is one of the more sensible and well run City Nomads and brokers. But its results for the year to March 31 2023 finally appeared at Companies House on January 6 2024 and are truly appalling. It bought out rival Arden in January so you might have thought that revenues were up…think again.- By Tom Winnifrith |
- 11 January 2024, 13:21 |
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Made in UK, oops I meant Pakistan: Boohoo has no shame
The BBC's Panorama programme last night exposed Boohoo (BOO) yet again. This time it was for sticking labels saying “Made in the UK” on tatty clothes aimed at teenage morons which were actually made in Pakistan. You might think this a minor transgression although Trading standards folks will be having a word, but it is symptomatic of the rot at the heart of Boohoo in two ways.- By Tom Winnifrith |
- 11 January 2024, 12:40 |
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Grafton – 2023 “to slightly exceed top end of analysts' forecasts”. Er, what about the forecasts from the half-year results though?
Building materials distribution and DIY retail group Grafton (GFTU) has issued a “Trading Update” headlined “Full Year Operating Profit to Slightly Exceed Top End of Analysts' Forecasts”. So what of the shares currently nudging up just above 900p comparing to towards 940p just last month?- By Steve Moore |
- 11 January 2024, 10:58 |
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The latest news from Canadian Overseas highlights just how bad its debt position is and the steps it is taking going forwards
Yesterday evening, after the market closed, Canadian Overseas Petroleum (COPL) issued an RNS in response to a letter that a shareholder action group had sent it, and the thing that really stood out to me is that total debt now stands at a staggering $135 million!- By Gary Newman |
- 11 January 2024, 10:45 |
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Kefi Gold & Copper – Tulu Kapi project finance package further progresses, STRONG BUY to at least double or treble
Kefi Gold & Copper (KEFI) has issued a “Significant Progress on Tulu Kapi Finance Package”-titled announcement. So what is this reported “significant progress”? It is real progress.- By HotStockRockets |
- 11 January 2024, 10:43 |
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Nostra Terra – Some bible readings for Matt Lofgran as he takes the company into the Minus 99.8% club with yet another placing.
Devout Christian Matt Lofgran always likes to say that he rescued Nostra Terra Oil & Gas (NTOG) when he took over in 2009. It was as if Jesus had saved the disciples as the storm raged on the sea of Galilee where their boat was sailing (Mark 4, 3-41). But the reality is that anyone who bought the shares when the great rescuer took over as CEO has now lost 99.8% of their money while Lofgran has made millions in remuneration. You have to pay for talent don’t you? Would it not have been better just to put the company into administration in 2009, to have avoided numerous bailout placings more good money going after bad?- By Tom Winnifrith |
- 11 January 2024, 10:22 |
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Cellular Goods: how is this not insider dealing, it takes the AI bandwagon piss to boot!
Over the past three days, newly appointed executive director Mike Edwards has bought 8 million shares in Cellular Goods (CBX). His name is the contact on RNS he is calling the shots. Today he has announced a, laughable change of name and strategy. Just how on earth can this not be insider dealing. Do not tell me that this was all dreamt up yesterday afternoon, Edwards traded on specific price sensitive information.- By Tom Winnifrith |
- 11 January 2024, 08:06 |
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CAP-XX – “Update on IP and appeals process”, attempted ramptastic?…
Describing itself as “a world leader in the design and manufacture of supercapacitors and energy management systems”, CAP-XX (CPX) has issued a “Update on IP and appeals process”-titled announcement – and what of the shares currently more than 14% higher at 0.80p in response?- By Steve Moore |
- 10 January 2024, 15:59 |
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Tom Winnifrith Bearcast: a morning with the Shipmans for me, and very good news from Kefi, it could be a ten bagger
I start with my medical issues and seeing the very efficient Shipmans in Chester. Mind you old Harold was very efficient too. Then it is onto Kefi Gold & Copper (KEFI), Cellular Goods (CBX), Reabold (RBD), Procook (PROC), Mercantile Ports & Logistics (MPL) and the fraud Supply@ME Capital (SYME) and what the FCA should do next.- By Tom Winnifrith |
- 10 January 2024, 14:46 |
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Gym Group – emphasises continued “positive trading trends”. Er, what about underlying net cash generation?…
UK “leading low-cost gym” business The Gym Group (GYM) states that it “is pleased to announce that the positive trading trends highlighted in our H1 results have continued throughout the remainder of the year”. However, on those results and a slightly further down to 111.8p share price, I questioned how well positioned it was to ‘take advantage of growth opportunities’. So what of the trading update today and a current 106.2p share price?
- By Steve Moore |
- 10 January 2024, 14:15 |
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NightCap: says Christmas Brilliant but data offered is very peculiar and look at the debt as dry January and February gets underway
Naturally Sarah Willingham gushes about what a great Christmas her cash strapped bars group NightCap (NGHT) enjoyed. Well up to a point sweetie. The data you put out is very peculiar and defies rational explanation and as we enter dry ( and cold) January and February, the balance sheet looks very dicey indeed.- By Tom Winnifrith |
- 10 January 2024, 13:56 |
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Marks Electrical – profit warning, if I could spot the challenging consumer outlook why didn’t it?!
Previously on Marks Electrical Group (MRK), in November I wrote argues “strong first half trading period”, er what about the profit and forecast falls?! – concluding, even with the shares further down to 90p, with also a still challenging consumer outlook and a still above £94 million market cap I suggest the shares still an avoid/sell. Today a “trading update” from the self-described UK “fast-growing online electrical retailer”, so why are the shares significantly further down in response to 66.5p?!
- By Steve Moore |
- 10 January 2024, 11:32 |