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VRS
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Letter to AIM Regulation: Versarien must clarify misleading RNS

On 17 April 2020, worthless AIM promote Bidstack (BIDS) published details of an “independent” study that it claimed validated its technology. Following intense pressure from ShareProphets, AIM regulation forced Bidstack to ‘fess on 27 April that the research was not at all independent but was paid for. In that light, I have written to the Oxymorons at AIM Regulation and to hapless and shamed Nomad SP Angel about the release issued by Versarien (VRS) yesterday.

GPM

Golden Prospect – It’s coming down to the wire!

Jordan Roy-Byrne, of TheDailyGold.com wondered last night whether we are heading for the low point of the current correction on gold and gold stocks. He thinks that there is massive support just below where we are now, and that there could be a rebound in the coming days – but will it come in time for Golden Prospect (GPM) and its subscription shares (GPSS)?

IMMO

Immotion – trading update, fundraising ‘mainly’ for new product expansion?

Previously writing on “immersive entertainment group” Immotion (IMMO), at the start of September with the shares at 4.65p I concluded with still a winning formula very much to be proven, I currently continue to avoid. Today “Trading Update, Proposed Placing & Subscription”…

URU

URU Metals – Advisory Board Appointment: how will it pay?

Shares in John Zorbas AIM outfit URU Metals (URU) are up today on the news of an advisory board appointment. The company announced the hiring of Mr Justin Cocharne to URU’s advisory board and the shares have motored by 6.4% to 250p but I just have one question: how will URU pay for his services, given that the company is quite clearly technically insolvent?

IMB
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Imperial Brands – resilient full year results, Income buy...

Imperial Brands (IMB) has announced results for its year ended 30th September 2020 and that, despite showing resilience, “we expect to deliver a stronger financial performance in 2021”…

NICL

Nichols – trading update, more blundering Boris & co impact...

Soft drinks company Nichols (NICL) has updated including “strong further growth achieved by the Vimto brand in the UK and a good performance in the group’s International business”. The shares are though currently 1145p, approaching 5% lower…

HEAD
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Rejoice! Value chasing pays off at Headlam Group

The last time I wrote about floor coverings distribution company Headlam (HEAD), back in September I titled the article ‘Me and a bunch of value investors agree on Headlam Group: Buy’. The shares were kicking around 275p back then and today they are almost a quid higher, assisted by a nice bounce today. So what is going on?…

ITM
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ITM Power – a remarkable endorsement of the company!

There can be few AIM listed companies that have been referenced in formal official UK Government policy documents, in fact I would suggest none prior to yesterday (I’m happy to be corrected if I am wrong on this point). Windy Boris published his 10 point plan for the “Green Industrial Revolution” yesterday. This is a very high level policy document (much of which I have issue with and will waffle on about in the future), not some industry review or the like. ITM Power (ITM), not only gets a mention – but a full blown highlighted “Case Study”, one of only a handful of companies…

DPLM

Diploma Should Rise Again from the Shadow of Covid

With apologies to Tony Blair’s famous declaration about education, I would like to add my own of ’Medical, Medical, Medical’. I rather think that during the plague and after it, companies in the medical sector will do a lot better than before. Today’s contender in the field is Diploma (DPLM)…

BAG

A.G. Barr – “compensation payment”… but share price justified?

Shares in drinks company A.G. Barr (BAG) are continuing a recent months recovery today on the back of a “Compensation payment” announcement…

CAU
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Centaur Media – follows trading update with “pleased to announce” new auditor. Hmmm...

An “Appointment of new auditor” announcement has now followed a late last month “trading update and full-year outlook” announcement from business information and specialist consultancy company Centaur Media (CAU)…

VRS
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No Turkish Delight from Versarien but a desperate deception to ramp the shares ahead of bailout placing

Versarien (VRS) is not generating any meaningful revenues from graphene. At a PLC level it is almost out of cash & its debt facilities are almost maxed out. And so notwithstanding the fact that it already has a Lanstead death spiral in place, it needs to get a placing ahoy. Hence a release today which is almost certainly materially misleading if not a slam dunk lie.

Crash

Video: US Dollar on verge of collapse - silver heading for $100

Trader Patrick Karim has words which will delight Nigel Somerville and other gold loons.

PRE
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Pensana Rare Earths – update on BFS & sustainable magnet metal supply chain moves...

An ‘Update on BFS and the establishment of a sustainable magnet metal supply chain’ from Pensana Rare Earths (PRE)…

SNX

Synectics – director share purchase follows contract win, But...

Security and surveillance systems company Synectics (SNX) has followed a “Contract Win” announcement with a non-executive director, Michael Butler, purchasing shares. Significant?…

CNA
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Centrica has the potential to recover following the disposal of Direct Energy and a shift of focus back to its core business - buy

Buying shares in a large company which seems to be going through a rocky patch is always a risk, as in some cases these companies never actually manage to recover, but if you do get it right it can be very lucrative and Covid appears to have helped to create some good opportunities. Energy provider, Centrica (CNA) has performed terribly over the past six or seven years and anybody who has held it as a long term investment during that period of time will be sat on a sizeable loss. Even prior to the arrival of Covid it was already in a downwards spiral with high levels of debt and falling profitability, but the virus accelerated that and even though the markets and many energy shares have recovered to some degree in recent months, Centrica is still trading closer to the lows with a share price of 44.8p…

BOTB

Best of the Best – “very pleased” with trading… so why are the shares lower?...

Online organiser of weekly competitions to win cars and other lifestyle prizes Best of the Best (BOTB) has updated including that it “is very pleased that trading for the period has remained as strong as previously announced on 16 September 2020 and that momentum remains within the business”. The shares are though currently lower at 1355p…

BLND
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Wishing the incoming British Land CEO the best of luck...he'll need it!

It is always an interesting moment when an outgoing CEO of a troubled business writes their final set of results thoughts. We have this today in commercial property name British Land (BLND), a company which back in July I observed had an office business which ‘remains a slower car crash’

BIOM

Down in the Wild, Wild Woods, A New Animal-Defeating Thing Begins to Stir

Hello, Share Bunnies. As I write, the Footsie is undergoing a correction. But all that vaccine news that invigorated our shares had to end in a retraction at some point. And as soon as the next big company announces a vaccine breakthrough we can expect our portfolios to bubble again. Meanwhile, let’s look at a share which should see some jumps, whether any vaccines are approved or not…

KEFI
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Kefi Gold & Copper – fundraising, should it really be “pleased to announce”?...

Kefi Gold & Copper (KEFI“is pleased to announce” ‘Oversubscribed Firm Placing to raise approximately £3 million. Conditional Subscription for cash, settlement of debt and accrued fees’ news, with Executive Chairman Harry Adams emphasising “the proceeds will enable us to maximise the value of both Tulu Kapi and Hawiah”…

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