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Latest News

PETS

The Boom in Four-Legged Friends Puts this Perky Pet Provider on a Promising Path

Hello, Share Chasers. Such is the love we British have for our cats and dogs that the government has deemed pet shops to be essential during lockdowns. And as these isolating nuisances are set to become even more common and longer-lasting in the coming months, shops which cater for animals can only prosper while other retailers suffer. Which brings me to my favourite – in fact, my only retail recommendation. It’s Pets at Home (PETS). This family is among its appreciative customers. Its prices to feed and nurture our two cats are reasonable, the stores welcoming and the staff well-trained and exceptionally friendly…

Bearcast
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Tom Winnifrith Bearcast - after today's news UKOG only 75% overvalued and Colin Bird's conflicts of interest at Bezant

I start with Joshua’s Advent calendar. Then I look at Nakama (NAK) and how the Green Lord has worked his magical powers of levitation and what happens next. Then at UK Oil & Gas (UKOG), just 75% overvalued after today’s news. Then I look at Bezant (BZT), today’s acquisition and accusations of conflicts of interests for Colin Bird. He is still not speaking to me but I take a more charitable view of his actions here than some will. But I still regard them as unwise.

SMDS
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DS Smith – our quick gains added to on half-year results, still more to come?...

Recent recommendation packaging company DS Smith (SMDS) has announced results for its half-year ended 31st October 2020 and that there’s “growing momentum into H2”…

IGP

Intercede – “New Contract Win”… but what of the valuation now?

Previously writing on cybersecurity group specialising in digital identities, credential management and secure mobility Intercede (IGP), last year with the shares at 27p I concluded including the adventurous investor might consider a small, speculative buy here. Today a “new contract win with a large US defence contractor” and the shares a further more than 8% higher… to 86p! So what of the valuation now?…

VRS
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Letter to AIM Regulation: Versarien lying again

How many letters have I written to the Oxymorons at AIM Regulation about the lies and market abuse committed by Versarien (VRS)? To their credit, the Oxymorons have, on a number of occasions, forced Versarien to issue a new RNS fessing up to various ghastly truths so they do heed my words sometimes. Anyhow, Versarien has told another porky today and so I have written again.

IQG

IQGeo – “pleased to announce a significant new contract”… how significant?...

Geospatial software group IQGeo (IQG“is pleased to announce a significant new contract for software and services with a major tier 1 Canadian telecoms network operator” – and the shares have responded higher to above 82p and comparing with a start of the year below 60p. Is this justified?…

SYME
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Supply@Me Capital reveals its Cornerstone investor for the Italian Job: It doesn’t blow my bloody doors off!

But the Bulletin Board Morons who have fallen in love with this con are delighted so that is the main thing – it will allow the insiders to dump more shares while getting the Sith Lord Zak Mir to tell everyone they are buying!

RMS
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Remote Monitored Systems shareholder rebellion grows apace – spivs Paul Ryan and Trevor Brown look to be toast

The advisor to Remote’s largest shareholder Gareth Cave, who wants to kick the chancers off the board, said on Twitter: “I started in the City almost 35 years ago. I have never seen anything like the shareholder revolt brewing at #RMS”. It does look as if Paul Ryan and Trevor Brown will be getting the order of the boot. Cripes, things are so bad that even fellow spiv and a long time promoter of this stock, the Sith Lord Zak Mir, has turned on the board. That is not a rat jumping ship. That is a flea on a rat jumping off the rat after it has jumped ship.

MSYS
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Microsaic Systems – after formal sale process failure… it is very possibly toast

Shares in Microsaic Systems (MSYS) are down by 60% today. Mr Market is showing Christmas generosity, this stock is still anywhere between 60% and 100% too high…

VRS
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Versarien buys & lies (again) to cover up its monstrous cashburn

Notwithstanding the receipt of an illegal Government loan from Neill Rickett’s Tory chums and the fact that it had one massive death spiral from Lanstead in place, the cash position of Versarien (VRS) has – as oft predicted here – become so grim that it has had to set up another death spiral to keep the lights on. There is also another daft acquisition which will only add to the cashburn and naturally all this bad news is wrapped up in a grotesquely misleading release which only a Nomad as bent as SP Angel, of the fraud MySquar infamy, could have signed off on.

DC

Online Rush from the New Army of Homeworkers Could Spark this Electrical Giant's Share Price

Hello, Share Shoppers. While a lot of companies have suffered from the virus, others have surprised us by rising to the challenge. One such powerhouse is Dixons Carphone (DC.). The outfit has cunningly switched some focus from stores to online sales. And not surprisingly cyber business has been soaring.

MDZ

MediaZest – “Timing of Financial Results” announcement… why a 40%+ share price rise?!

Self-styled “creative audio-visual company” MediaZest (MDZ) has made a “Timing of Financial Results” announcement and the shares are currently, at 0.06p, more than 40% higher! What’s the story?…

Bearcast
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Tom Winnifrith Bearcast: Surely Cineworld has to be a great short, the key is the balance sheet

I start with Joshua’s Advent calendar and my great uncle the jail bird and end with Christmas news from the Welsh hovel which shows how fecking green I am. In between I look at Hurricane Energy (HUR), Angling Direct (ANG), Cineworld (CINE), Trainline (TRN), Frazers (FRAS), Powerhouse (PHE) and Metro Bank (MTRO).

KOS
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Why I would buy Kosmos Energy and hold until at least 2023

You might have noticed that recently I have started covering a few companies in the oil and gas sector as being worthy of a long term investment, and in case you are wondering if I’m mad to be doing so given what is going on in the world, I believe that it is the right time in the cycle to start positioning again.

KEFI
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Kefi – very good news from Hawiah & the 2 big takeaways from its AGM, Strong Buy...

Kefi Gold and Copper (KEFI) has served up more drilling news from its ongoing 13,000 metre programme at Hawiah, the copper play in Saudi, and conducted its AGM. As ever, most of the AGM statement is just a rehash of what we already knew. The votes on reappointing auditors and directors are a formality. But there are 2 very big takeaways…

UNG

Universe Group – trading update, what’s happened to the “revenue pipeline for the second half of £12.5 million”?

A trading update from retail management, payment and loyalty systems group Universe (UNG) includes “revenue for the second half of the year is expected to be in line with that of the first half… the company still expects to report a modest level of adjusted EBITDA profitability for the full year” and that it “has a strong financial position”. So why an approaching 12% share price fall, to 3.75p, on the back of the update?…

RMS
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Sack the £18m spivs running Remote Monitored Systems or I am off says largest shareholder and key consultant Gareth Cave

The spivs, Trevor Brown, c/o Braveheart and Paul Ryan, who sold their entire holding in Remote Monitored Systems (RMS) at between 2.9p and 5p for £18 million just eight days before a major warning, must be sacked says Gareth Cave the founder of Pharm2farm and its key employee and a man who owns 18% of Remote. Cave also wants the bailout £5 million placing at 1.25p massively restructured or pulled. I back Cave and here is why.

WPHO

Windar Photonics – emphasises “particularly strong growth in the second half”… so why further share price decline?...

’Technology group that develops cost-efficient and innovative Light Detection and Ranging optimisation systems for use on electricity generating wind turbines’ Windar Photonics (WPHO) has made an “Issue of Equity & Trading Update”. This includes that second half sales are “expected to represent more than four times the value achieved in the first six months of the year and more than double the comparable period in 2019”… So why have the shares currently responded more than 4% lower, to below 11p?…

SUPP
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Former WPCT, Schroder UK Public Private Trust writes down £14m Ombu Investment to just £4m following transfer

Oh dear, oh dear. Neil Woodford’s former Woodford Patient Capital Trust (WPCT) now under new management as Schroder UK Public Private Trust (SUPP) has announced this morning a 71% hit to its investment in Ombu, knocking £10 million off NAV. This follows the acquisition of Ombu by HP Environmental Technologies Fund (HPET), in which SUPP now has a stake.

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