premium content
BOOM: Catenae Innovation caught with pants down & on fire again – How is a 50/50 JV a wholly owned subsidiary? And more questions for Nomad Cairn
Yesterday I took apart the ramptastic announcement from AIM-listed Catenae Innovation (CTEA) regarding its joint venture with BHA Medical, and showed that the JV vehicle was worth just 10p. But the nonsense does not stop there.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 16 December 2020, 11:49 |
premium content
CyanConnode – “Director Share Purchases”... Or not?...
“Director Share Purchases” emphasises CyanConnode (CYAN). Some real shows of confidence from the boardroom then?…
- By Steve Moore |
- 16 December 2020, 11:31 |
Catenae Innovation – some questions for Liam Murray of Cairn Financial Advisers
On 9 December, Catenae (CTEA) issued a TR1 which indicated that Spreadex had acquired a 10.54% stake up from an apparently nil or a previously undisclosable percentage on 2 December 2020. On 15 December, Catenae issued a TRI showing that Spreadex’s 10.54% interest had reduced to 8.23%
- By Tom Winnifrith, The Sheriff of AIM |
- 16 December 2020, 10:43 |
premium content
Now is a great time to buy back into Serica Energy as production is due to expand
As any regular readers here will know, I’ve been a fan of Serica Energy (SQZ) for many years and during that time have watched it grow into a mid-tier oil and gas producer, and I believe that now is the time to consider investing in the company once again.
- By Gary Newman |
- 16 December 2020, 08:24 |
Who Could Imagine Shell could be a Recovery Play? But it's Possible the Big Climb Back Has Only Just Started
Hello, Share People. As the oil price struggles back to somewhere nearer reality, it’s worth taking another look at Royal Dutch Shell (RDSA). Though I have to declare an interest. I’ve seen the chunkiest holding in my portfolio halved by the virus. And I still have the same number of shares. But let’s look at the encouraging reasons I have for hanging on…
- By Malcolm Stacey |
- 16 December 2020, 08:24 |
Tasty plc – bigger blundering Boris impact, how’s the balance sheet risk?
Shares in ‘Wildwood’ and ‘dim t’ restaurants company Tasty plc (TAST) recovered to start this month at 3.4p… but now an intra-day (9:41am) “Trading Update”. Usually bad news…
- By Steve Moore |
- 15 December 2020, 16:12 |
premium content
Tom Winnifrith Bearcast: the 1 AIM share you must Fill Your Boots with NOW, don't wait just buy
In today’s podcast I discuss Joshua’s Advent calendar then look at 2 very naughty Nomads and 2 of their grossly over-valued clients. Roland “Fatty” Cornish looks after European Metal Holdings (EMH). Liam Murray of Cairn looks after the ultimate Penny Dreadful, Catenae (CTEA). Then I return to Sarah Willingham’s NightJar and why she is destroying value for morons who pony up £6 million for the IPO on day 1. This is a scandal and Nomad Allenby should be ashamed. Then onto Purplebricks (PURP) before I look at Summerway (SWC) and why, whatever you pay you MUST buy its shares ASAP
- By Tom Winnifrith |
- 15 December 2020, 16:09 |
premium content
EXPLOSIVE SHAM EXPOSED: Catenae – Never Mind Father Christmas, what about TwoBob?
Having been through this morning’s ramptastic announcement from AIM-listed Catenae (CTEA) and its joint venture with BHA Medical now known as Synovate Global Ltd, I thought I should take a quick trip to Companies House to have a butchers’ at Synovate.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 15 December 2020, 15:30 |
Synectics – trading update, any signs of overall trading recovery?
Previously writing on security and surveillance systems company Synectics (SNX), with the shares at 100p I concluded I’ll continue to monitor for signs of overall trading recovery but currently continue to avoid. The shares are now 105p on the back of a trading update – any signs of overall trading recovery?…
- By Steve Moore |
- 15 December 2020, 14:40 |
Dbay pulls out of bidding war for Telit, again slams rival u-blox bid. Mr Market agrees with the Manxies
Telit Communications (TCM) reckoned that a cash offer of £1.948 from Isle of Man based asset management business per share fundamentally undervalued the company. Dbay disagreed so has pulled the offer. Ooops.
- By Tom Winnifrith |
- 15 December 2020, 14:14 |
premium content
European Metals Holdings - a slam dunk copper bottomed sell, bailout fund raise needed ASAP, valuation demonstrably insane
AIM listed European Metals Holdings (EMH) is an investment company that holds a minority (49%) equity investment in the “Cinovec project” a lithium resource in the Czech Republic. EMH used to own 100% of the project and had control until it sold 51% to CEZ Group, a conglomerate controlled by the government of the Czech Republic, in December 2020. CEZ has appointed European to manage the Cinovec project on its behalf.
- By Evil Banksta |
- 15 December 2020, 12:36 |
premium content
BREAKING: Winding up Order issued for Umuthi Healthcare – will FCA notice before it floats on Standard List?
Back on 26 August Umuthi Healthcare announced via RNS that it was to float on the (sub) Standard List of the Main Market, that is the one where those fine chaps and chapesses at the FCA are in charge of admissions. All was set for the UKLA to set a listing day in early September, we were told. But then came a delay.
- By Tom Winnifrith |
- 15 December 2020, 12:02 |
premium content
Edison’s grossly misleading research on Dragon Sarah Willingham’s Nightcap – this is a monumental deception of retail investors
Edison has served up a research note on Sarah Willingham’s NightCap group which will soon list on AIM and is trying to raise £6 million, including from retail punters via Primary Bid. Edison is paid to produce its research so, like a hooker who never tells her clients that they have bad breath, a microscopic penis or unpleasant fungal growths, Edison says only nice things. But this promotion is downright misleading. It is a shocker as you can see HERE Let’s start with the opening paragraph.
- By Tom Winnifrith, The Sheriff of AIM |
- 15 December 2020, 11:34 |
premium content
CyanConnode – argues “very encouraged by the success”… but what about the balance sheet?
Self-styled “a world leader in narrowband radio frequency mesh networks” CyanConnode (CYAN) has announced results for its half-year ended 30th September 2020 and that “the board is very encouraged by the success of all CyanConnode’s deployments, and is especially pleased to see the progress being made against contracts in India and Thailand during the period” – and the shares have currently responded higher, to 5.05p. However, with the shares above 6p, I previously questioned that the company argues loan “for working capital to fund growth”, what about for keeping the lights on? What do the results now show?…
- By Steve Moore |
- 15 December 2020, 11:25 |
premium content
Catenae – Father Christmas calls, but no significant revenues in his Sack - all the money's gone!
AIM-listed Covid-ramp Catenae Innovation (CTEA) has announced that its joint venture with BHA Medical, now renamed Synovate Global Ltd (today the world, tomorrow the universe!), has got two orders for its package involving BHAs Covid test kits and Catenae’s data management platform. Whoopie-do, let’s all pile in –this is going to take over the world. Or not…….there is a catch!
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 15 December 2020, 09:04 |
Long Live the Volution as this Ventilation King Embraces the Green Wave of Change
Hello, Share Diggers. In my continuing quest to find companies to benefit from the virus, rather than reel from it, may I put before you Volution Group (FAN)? This is an outfit which does ventilation. And we all know how proper ventilation makes the virus less perilous by dispersing it. Not only that, but efficient ventilation is a big driver in fighting greenhouse gases.
- By Malcolm Stacey |
- 15 December 2020, 08:16 |
premium content
Tom Winnifrith Bearcast: On this day of all days Sarah Willingham is 'avin' a Turkish! And who should star in my Christmas carol 2020?
On Joshua’s Advent calender the shepherds go to Bethlehem. That is almost true, well a bit true as I discuss. In prior years I have penned a three part Christmas carol featuring a villain of the year: Rob Terry, Neil Woodford and Chris Oil have starred. So please nominate your villain of 2020 for this year’s opus magnus below. In the podcast I discuss the IPO of Sarah Willingham’s company Nightcap on a day when most of its bars go into tier 3. She is ‘avin’ a giraffe. There are other red flags and questions to ask. Then I look at Jubilee Metals (JLP) and Bahamas Petroleum (BPC) asking if, on AIM, anyone gives a toss about the law of the land. Finally I look at Dignity (DTY) where i retain grave concerns.
- By Tom Winnifrith |
- 14 December 2020, 16:35 |
premium content
Red Rock Resources – operations update: we really are getting there!
It is all good news from Red Rock Resources (RRR) but not THE News which we really want and which will make the share price explode. But that will come, just a bit more patience is needed and at current levels you’d be nutso to sell. So what is the news?
- By HotStockRockets |
- 14 December 2020, 16:10 |
Ariana: Progress on Ozaltin deal as GM is called and cash starts to roll in - Buy.
AIM-listed Gold-producer Ariana Resources (AAU) has updated the market this morning on progress with the Ozaltin deal which will bring Ariana’s ownership of its Turkish assets to 23.5% and result in a nice tasty $37.75 million cashpile before taxes and costs. The deal is conditional on shareholder and Turkish government approvals and Ariana has now published a circular, with a GM due on December 30 – and there was a pleasant surprise.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 14 December 2020, 14:39 |
premium content
Dragon's Den Sarah Willingham and her Nightcap float –a bargepole offering from Primary Bid
After the company’s PR firm managed to persuade another lacky journalist at the Sunday Times to do a massive puff piece for Nightcap, a firm run by Dragon’s Den Sarah Willingham, I am this morning invited to invest in the AIM Casino IPO via Primary Bid. Here is what the Sunday Times and other pliant hacks do not tell you and this is why “I’m out” on this one. I’d rather eat my own toenails than invest.
- By Tom Winnifrith |
- 14 December 2020, 14:27 |