ShareProphets

Monday 24 April 2017 The one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares


17 April 2017, 11:13 | By Darren Atwater |

Video: Laurence Read of Victoria Oil & Gas speaks at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Laurence Read  of Victoria Oil & Gas (VOG)  is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

17 April 2017, 11:12 | By Pizza Hardman Darren Atwater |

Winner, as it were, of the Bulletin Board Moron of the Week

There were a raft of quality entries in last week's Bulletin Board Moron of the week contest sponsored by Master Investor, as you can see HERE. But the clear winner was prolific LSE moron Fonters, (submitted by Juicin Drumroll) who seems to think that those who shorted Worthington shares will find its liquidation a bad thing: 

17 April 2017, 11:09 | By Tom Winnifrith |

Obtala fact Check - Evil Banksta is just wrong

I am meant to be away from my keyboard as I tackle the big D but find myself dragged back by an Evil Banksta to eal with Obtala (OBT) which has been unfairly slighted on this website. I write as a ( small) shareholder in this company following the Dragon's Den Pitch at UK Investor earlier this month. The evil one published a piece which was, I fear, just factually flawed.

17 April 2017, 11:08 | By Darren Atwater |

Video: Rod Thomas, CEO of Avantis Wealth, speaks at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Rod Thomas, CEO of Avantis Wealth, is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

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17 April 2017, 11:06 | By Cynical Bear |

Falcon Media House – A welcome return? Part 2 – Where has all the cash gone?

Apologies for the delay in this mini-series (Part 1 of which can be accessed HERE) but I thought I’d do the decent thing and ask Falcon Media House (FAL) some questions directly first. As it has ignored me, I thought I should just crack on instead and now turn to the worrying matter of the fast vanishing cash balance, both historically and forecast.

17 April 2017, 11:05 | By Darren Atwater |

Video: David Lenigas of Anglo African discusses making money on African investments with Laurence Read of Victoria Oil & Gas & Chris Bailey of Financial Orbit at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, David Lenigas of Anglo African (AAAP) discusses making money on African investments with Chris Bailey of Financial Orbit and Laurence Read of Victoria Oil & Gas (VOG), compered by Nigel Somerville. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

17 April 2017, 09:03 | By Malcolm Stacey |

A Few Jolly Good Reasons to Return to BP

Hello Share Rattlers. On checking the number of BP shares I hold, I was rather shocked. It’s one of those shares I’ve been gradually building up, whenever I find myself with a bit of share cash and no clear company currently worthy of investment.

16 April 2017, 10:14 | By Pizza Hardman Darren Atwater |

NEW Bulletin Board Moron of the Week Contest. Sponsored by the Master Investor show

A fortnight ago, the Master Investor show turned me away from their event, to which they had invited me. This week, I received the following email:

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16 April 2017, 10:11 | By Steve Moore & Tom Winnifrith |

Chamberlin - positive trading update, a good share tip prospers

Recent 105p offer price Nifty Fifty share tip, Chamberlin (CMH) has updated on trading – including that, following “a strengthened performance in the second half” of its year ended 31st March 2017, underlying profitability will be ahead of the prior year and “in line” with current market forecasts…

16 April 2017, 10:09 | By Darren Atwater |

Video: Dragon's Den #5, featuring, Concepta, Sanderson, Kefi Minerals, BlueJay Mining, and Berkeley Energia at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, in the 'Dragon's Den' companies have a 60 second pitch to Gary Newman, Tom Winnifrith, and Steve Moore for three £1,000 investments. This fifth and final round features Concepta (CPT), Sanderson (SND), Kefi Minerals (KEFI), BlueJay Mining (JAY), and Berkely Energia (BKY). And make sure that you keep April 21 2018 free for next year's UK Investor Show.

16 April 2017, 10:08 | By Lucian Miers |

BNN Technology: Where does all that money go?

BNN Technology (BNN) has duly announced its prelims for the year to Dec 2016. First of all: hats off to broker Mirabaud for finding punters willing to throw a further £25 million at the company on top of £51 million stumped up last year.

16 April 2017, 10:03 | By Darren Atwater |

Video: Simon Lidington, CEO of Big Sofa, speaks at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Simon Lidington, CEO of Big Sofa (BST), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

16 April 2017, 10:02 | By Nigel Somerville, the Deputy Sheriff of AIM |

Stuttard’s Septic Seven April update: Happy Easter Mr Stuttard, you are down 55%!

Obviously the world’s most successful growth market is tightly regulated and supervised by Marcus Stuttard’s oxymorons of AIM Regulation, who seem incapable of applying their own rules. That is why we selected a beautifully diversified portfolio of stocks which we have Red Flagged here on ShareProphets but since Mr Stuttard’s well-oiled regulatory machinery is just so good there must be nothing wrong. Nothing at all…..which is why after 200 days the portfolio is down by 55%. Oops.

16 April 2017, 10:00 | By Darren Atwater |

Video: Patrick Birley, CEO of Nex Exchange, speaks at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Patrick Birley, CEO of Nex Exchange, is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

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16 April 2017, 09:50 | By Nigel Somerville, the Deputy Sheriff of AIM |

Ariana – tip update: production, rising gold, shares down. What?

I suggested that AIM-listed gold (then) explorer and now producer was a buy a couple of months back as we awaited the commencement of production. At the time the spread was 1.7-1.85p per share and they duly headed north as the final bits of paper arrived and the first pour was announced, only for the shares to fall away again. Meanwhile the gold price has been a one-way ticket north. I’m very puzzled - what is going on? With humble apologies for the performance thus far…I still reckon it is a buy and here is why.

16 April 2017, 09:48 | By Darren Atwater |

Video: Stuart Bladen, CEO of Falanx Group, speaks at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Stuart Bladen, CEO of  Falanx Group (FLX), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

16 April 2017, 09:37 | By Pizza Hardman Darren Atwater |

Notes from Underground - Jumping Jack Lenigas

In the comments, some people have asked why David Lenigas was asked to present at the UK Investor Show when ShareProphets was just so beastly to him. There are two answers.

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15 April 2017, 09:52 | By ShareProphets |

UK Investor Show 2017 raises £14,500 for Woodlarks - so far! More to come

There are some people who think the stockmarket and shares business is like robbing a bank - all about making money however you go about it. But at a time of year when many of us think about a man who gave the ultimate gift, his life, for others we think that business should also be about giving. And that brings us to Woodlarks and the UK Investor Show. It started with Paul Scott who donated his, very small, speaker fee...

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15 April 2017, 09:47 | By Darren Atwater |

Video: Dragon's Den #4, featuring Big Sofa, Ariana Resources, BMR, Versarien and W Resources at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, in the 'Dragon's Den' companies have a 60 second pitch to the Pizza Hardman Darren Atwater, Tom Winnifrith and Steve Moore for three £1,000 investments. This fourth round features Big Sofa (BST), Ariana Resources (AAU), BMR Group (BMR), Versarien (VRS) and W Resources (WRES).

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15 April 2017, 09:43 | By Steve Moore |

Easter 2017 update: Top shorted London-listed shares

From the FCA's spreadsheet of short positions required to be disclosed to it, at the start of the year we showed the ten top shorted London-listed shares HERE. The following updates, showing those with a current reported short position of +7%...

5 hours ago | By ShareProphets |

The April edition of the UK Investor Magazine is live - UK Investor Show edition

The April edition of the UK Investor Show Magazine is live featuring Metal Tiger, BMR, Harley Investments, Action Hotels and much more.

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1 day ago | By Pizza Hardman Darren Atwater |

New Bulletin Board Moron of the Week Contest - sponsored by MoneySwap

This week's contest is graciously sponsored by MoneySwap, the Filthy Forty constituent that has this week requested to be dropped from the AIM market.

7 days ago | By Malcolm Stacey |

Are We Singing From the Same Page When I Say this Firm Could Just Be the Job?

Hello Share Spooners. I’ve long held that recruitment agencies are a decent bet in these turbulent times. The reason is that unemployment seems to be on the back foot in various parts of the globe, including here in Blighty.

7 days ago | By Darren Atwater |

Video: Leon Coetzer, CEO of Jubilee Platinum, speaks at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Leon Coetzer, CEO of Jubilee Platinum (JLP), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

7 days ago | By Gary Newman |

Is Onzima's placing the most expensive ever?

Shareholders of Onzima Ventures (ONZ) will be breathing a sigh of relief following confirmation of the acquisition of the remaining 51% of private company N4 Pharma, and meaning that the new entity will relist on AIM. This won’t have come as a massive surprise as the company announced this proposed acquisition back in January, but some still seemed nervous as the announcement went right down to the wire in terms of Onzima either announcing such a deal (which constitutes a reverse takeover) or being booted off of AIM.

6 days ago | By Cynical Bear |

EXCLUSIVE: Worthington: Newco website unveiled – are you sure it’s not Flagship Global, Aidan?

On his blog, Aidan Earley recently denied that Newco is Flagship Global Corp, which I always thought was the most likely contender for Newco, and it may be that he is telling the truth. However, having now gained access to the pre-launch Flagship Global website, it looks incredibly likely that it is Newco or, perhaps more accurately, that it was going to be at one point. Take a look.

6 days ago | By Darren Atwater |

Video: Nigel Wray and Tom Winnifrith prove that they are literally in bed together at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Nigel Wray and Tom Winnifrith prove that they are literally in bed together. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

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6 days ago | By Darren Atwater |

Video: Minoan Group presentation at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Tim Hill of Minoan Group (MIN) is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

6 days ago | By David Scott |

Can Hope Trump Reality?

The U.S. government is poised to shut down on Day 100 of Donald Trump’s presidency, unless Congress can pass a new spending bill or a continuing resolution before the current one expires on April 28... Whilst the Republicans control the White House, the Senate and the House of Representatives, any bill to fund the government is going to require 60 votes in the Senate.  The “nuclear option” that the Republicans just used to push the Gorsuch Supreme Court nomination through is not available in this case under current Senate rules because a spending bill of this nature would not qualify. So the Democrats have significant leverage, and they plan to use it to the maximum.

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6 days ago | By Tom Winnifrith |

General Election June 8th - Surely there is no doubt as to the outcome, there is no uncertainty now

Bloody Theresa May. There was I off work and she has just gone and called a snap General Election for June 8th. Time for everyone to panic? Er...no.

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6 days ago | By Darren Atwater |

Video: Harry Anagnostaras-Adams, executive chairman of Kefi Minerals, presents at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Harry Anagnostaras-Adams, executive chairman of Kefi Minerals (KEFI), is at the podium with his colleague Jeff Rayner. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

6 days ago | By Nigel Somerville, the Deputy Sheriff of AIM |

Advanced Oncotherapy – Bracknor ups the ante, converts £200,000, tick tock to EGM o'clock

This morning AIM-listed Advanced Oncotherapy (AVO) announced another conversion by Bracknor. Having previously converted three lumps of £100,000 of death spiral loans, Bracknor has gone for £200,000 worth this time – but at the lowest price yet, just 26.74p. That leaves things looking decidedly sticky for the company, which got authority to issue Bracknor with enough loan conversion shares based on the assumption of an average loan conversion price of 44p and the associated warrants at 57p.

6 days ago | By Nigel Somerville |

Cloudbuy – AGM statement: it’s jam tomorrow (honest, this time, guv’!)

AIM-listed Cloudbuy (CBUY) this morning issued an AGM statement which offered yet more jam tomorrow, even more jam next year but the only jam today is the one the company seems to be in.

6 days ago | By Steve Moore |

ASA Resource – from “completely mischievous” allegations to “strong evidence” of fraud in 2 weeks, calling Babylon Zoo…

Early this month ASA Resource Group (ASA) announced its directors had “received certain anonymous allegations relating to… certain aspects of the financial management at Freda Rebecca” (gold mine in Zimbabwe in which it has an 85% interest). However, it sought to reassure that “the company's directors believe these allegations to be completely mischievous”. Now though “the board is extremely disappointed to report”… Uh oh…

6 days ago | By Malcolm Stacey |

How the Snap Election Will Affect Your Share Prices

Hello Share Pillagers. We all should have known something big was going to happen by the way shares were marked down heavily after the Easter break. On Easter Monday, when our stock market was closed, the US version was open. During that session, American shares rose by about 1%. That usually means British shares rise in tandem, but not this time.

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5 days ago | By Steve Moore |

Westminster Group – emphasises “pleased” & placing “oversubscribed”. Hmmm…

Westminster Group (WSG) “is pleased to announce a placing” (to raise a gross £1 million at 10p per share) and “the conversion of the balance of the convertible loan notes issued to Darwin Capital Ltd eliminating the facility”. The shares have though responded more than 15% lower…

5 hours ago | By ShareProphets |

The April edition of the UK Investor Magazine is live - UK Investor Show edition

The April edition of the UK Investor Show Magazine is live featuring Metal Tiger, BMR, Harley Investments, Action Hotels and much more.

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1 day ago | By Pizza Hardman Darren Atwater |

New Bulletin Board Moron of the Week Contest - sponsored by MoneySwap

This week's contest is graciously sponsored by MoneySwap, the Filthy Forty constituent that has this week requested to be dropped from the AIM market.

5 hours ago | By ShareProphets |

Patience, patience, patience and yet more patience - that is the key to making money from shares

Making money from shares is simple. Well it should be. Buy cheap. Hold. Hold. Hold. Hold, and finally sell when the shares have delivered you big gains. Where so many folks go wrong is getting impatient and not being prepared to hold, hold, hold. Let us tell you about Symphony Environmental (SYM) which we tipped at a 6.75p offer just over three years ago. It did nothing for ages....

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13 hours ago | By Tom Winnifrith |

African Potash - the legal case for victims of the fraud almost underway

Before I call it a day I want to see the victims of the African Potash (AFPO) fraud get some of their money back, even if some of those victims were fairly beastly to me as I exposed the fraud. Friday's bombshell from Potash shows the game is up but the big frauds happened before this worthless enterprise was booted off AIM. To that end I have been working to help put together a legal action. That action is now almost underway and Peter Petyt, the man running things, wrote to more than 50 victims who have come forward at the weekend. If you lost money and want to try to get it back it is not too late to contact Peter. His letter & contact details follow.

1 day ago | By Nigel Somerville, the Deputy Sheriff of AIM |

A look at the record of Advanced Oncotherapy's Exec Chairman

AIM-listed Advanced Oncotherapy (AVO) Exec Chairman Dr Michael Jeffrey Sinclair has, according to the OpenCorporates.com website, served as an officer of 155 companies over his illustrious career. With Advanced Onco facing a few issues of cash as it tries to get its Harley Street facility installed and running, it is perhaps worth a gander through this record. Here are the first 29 listed on the OpenCorporates.com website (actually it is 30, but one appears to be a double entry so has been removed).

1 day ago | By HotStockRockets |

Metal Tiger – slightly delayed fundraising completes, shares recovering - buy

On tipping shares in Metal Tiger (MTR) earlier this month, we noted an oversubscribed (initially £3 million, but then £4.29 million) fundraising through well-known North American natural resources name Sprott. Tiger has now announced the closing of the funding…

1 day ago | By Lucian Miers |

More Red Flags at BNN Technology

BNN Technology (BNN) published its Annual Report last week along with an update on its current cash position and the appointment of a new Non-Exec Chairman. The share price has rallied 6% but is still shy of the 80p at which broker Mirabaud recently raised £25 million - and, looking through the bluster, there are some serious issues that holders might care to consider.

13 hours ago | By David Scott |

You are hereby on notice as retail bubbles start to pop

Artificial political constructs never last. The EU is great for the “elites” in Brussels; not so much for the average citizen and the tragedy of monetary union is that Europe's political class has gone to extreme lengths to hold the euro together regardless of underlying economic logic. But this has only perpetuated and exacerbated the coming political crisis. "Monetary union has created a conflict between a centralised elite on the one hand, and the forces of democracy at the national level on the other. This is extraordinarily dangerous,” Mervyn King wrote in his recent book 'The End of Alchemy'. 

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13 hours ago | By Malcolm Stacey |

I'd Like to Be In Amerisur. Well, Actually I Already Am

Hello Share Snappers. It’s a bit disconcerting when you elect a share to bring to your notice and then find it appears on the list of most shorted shares on this stupendous website.

5 hours ago | By Darren Atwater |

1 day ago | By Darren Atwater |

Video: Chris Bailey and Johnny Hon discuss: Is China a Fraud-ridden bubble at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Chris Bailey of Financial Orbit and Johnny Hon of Global Group discuss: Is China a Fraud-ridden bubble? And make sure that you keep April 21 2018 free for next year's UK Investor Show.

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1 day ago | By Darren Atwater |

And the winner of the Labour Benefits caption contest is:

Friday, we asked you to caption the photo inside in recognition of the snap election. The results seem to show that ShareProphets readers are neither Labour voters nor CloudTag fans. 

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13 hours ago | By Tom Winnifrith |

Andalas - ramptastic news: in case you forgot it needs £500,000 (which it hasn't got) by Friday

Another day and another ramptastic "Operations Update" from Andalas Energy (ADL). Operations is a bit of a strong word as Andalas does not really have any. It should really have been "Jam Tomorrow" update but then again tomorrow suggests the jam may arrive which, given the track record of this dog, looks unlikely. What will arrive on Friday is a demand for £500,000 and as Andalas has sod all cash and is burning what it has at a rate of knots that is a bit of a problem. Oddly this is not mentioned in today's RNS.

13 hours ago | By Darren Atwater |

Video: Nigel Wray and Tom Winnifrith invest £8000 in two AIM shares to benefit Woodlarks at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Nigel Wray and Tom Winnifrith invest £8000 in two AIM shares to benefit Woodlarks. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

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13 hours ago | By Darren Atwater |

Video: Paul Scott finds Nigel Wray's and Paul Mumford's investment strategies at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Paul Scott finds Nigel Wray's and Paul Mumford's investment strategies. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

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9 hours ago | By Steve Moore |

WANdisco – record contract win & Q1 update offer some further encouragement, but…

I previously wrote on WANdisco (WAND) in January – ‘one quarter does not an investment make, but offers some encouragement for shareholders’. The following updates with the shares currently on the rise on the back of a “Significant customer win and Q1 update” announcement…

1 day ago | By Pizza Hardman Darren Atwater |

Notes from Underground: Well, that was quick

After all the fussing and moaning about Tom leaving the site to pick olives or raise snakes or whatever it is he's doing, and following a spectacular week where the most popular story was written by yours truly, we have come to what we all expected in the first place. The number one story this week is General Election June 8th - Surely there is no doubt as to the outcome, there is no uncertainty now, written by one Tom Winnifrith.

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