Having reviewed results from ASOS plc (ASC) for its year ended 31st August 2014 myself HERE, the following takes a look at broker views of the announcement and what the shares are worth.
So Douglas Flint, the chairman of HSBC (HSBA) was pulled before a House of Lords committee to talk about the bonus cap enforced by the European Union. He didn’t like it: "We're an industry that's well paid but so are other industries. When you ask someone in the technology industry to join for cyber risk and say 'you'll be paid in seven years' they'll decline to consider it."
I finally got round to reading Avanti's year end results to 30th June 2014 (released on 15th September 2014). And then I shorted some more stock.
Hello Share Strimmers. My mother always told me ‘If you haven’t got the money, you can’t have it.’ When I was in a pre-Beatles rock ‘n’ roll group, my dad marched me back to the shop to hand back a Clavioline ( an early keyboard) which I’d bought ‘on the never.’
As the leaves start to turn brown you may not be thinking about next April but we are as we plan the biggest and best UK Investor Show ever. The speaker line-up gets more impressive by the day and already 90 of the 110 Growth companies attending have booked in – and I am delighted that there are a raft of new PLCs attending, and almost as delighted that some of those who attend every show are NOT attending!
The IPO of China POS Pressfit (PFIT) and its share price collapse today is yet another disgrace on the AIM Casino brought to you by Nomad Daniel Stewart (DAN). In this podcast special Tom Winnifrith examines this IPO, the parties involved and the Conflicts of Interest. Thereis only one conclusion, AIM Regulation must shut down Daniel Stewart at once.
Provider of portfolio analysis and asset pricing services for the global asset management industry, StatPro Group (SOG) has updated on “trading in Q3 2014 in line with market expectations” and that it “looks forward to a successful outcome for the year”. With me having concluded with the shares at 84p in August that they were not likely materially undervalued, the following updates my view with them having since slipped to 72p.
This podcast does not mince its words. The latest AIM Casino China POS outrage pulled by scumbag Nomad ( shares suspended still) Daniel Stewart kicks things off. And we end with another POS floated by Daniel Cesspit.
West African gold hopeful Aureus Mining (AUE) expects to have its flagship 900,000-oz. New Liberty project in Liberia producing gold in or shortly after March next year and is confident of announcing a new resource next month for Ndablama, 40 km away, its second project in the country’s Bea Mountain licence area. Liberia is at the centre of the deadly ebola epidemic, gold at $1,248.80c an ounce remains at present stubbornly out of investment fashion and Aureus’s shares have virtually halved from their 41.25p 12-month peak to 21.25p now, but David Reading, the company’s chief executive officer, strikes a determinedly upbeat note.
Broker Northland acts for Stratmin Global (STGR) so this is not impartial but it has published a detailed note on the stock after the signing of a major offtake deal yesterday. It reckons that the shares (now 8.1p) are worth 19.3p, that they trade on a 2015 PE of 9, falling to 1.5, and it has upgraded its stance from hold to buy. Analyst Dr Ryan Long writes:
Shares in specialist IT recruitment group InterQuest (ITQ) have jumped by a net 8% in the past two days to 116.5p on the back of an announcement that “it is launching a review of options open to the company to maximise value for shareholders including a potential sale of the company”. Ching Ching.
Shares in online fashion company ASOS (ASC) bounced back somewhat yesterday on the back of results for its year ended 31st August 2014. The following reviews whether the response looks warranted.
The latest profits warning looks near term and marginal in its impact. The shares of Rolls Royce (RR.) have lost all their former premium and at 803p look good value. A great opportunity for serious long term investors to pick up this long term technology growth stock at what looks like a low valuation of earnings.
Hello Share Peddlars. Now that I‘ve returned from hectic Berlin with time to think about it, I must reply to Uncle Tom Winnifrith’s description of my original piece on ethical investing as ‘Tommy Rot’.
There are some people who like to criticise Tobacco companies for being evil. Labour would like to tax it even more as part of its plan for ‘British Socialism’. But remember that British American Tobacco (BATS) is investing a lot of money in developing E-Cigarettes.
Just two stocks in today's podcast. Both are discussed for company specific reasons. But the interest has wider application that just Beacon Hill Resources (BHR) and Quindell (QPP). The points made have wider import.
Prevailing world conditions have conspired, in a surprisingly short space of time, to cause us to question the possibility of progress. It is a world of one (civilisation challenging) problem after another.
We have just re-released my bestselling book, the 49 Golden Rules of Making Money from Shares. I do not mean I outsell Jeffrey Archer, just that of my books it has been the biggest winner. Rules 22 deals with shares that are Bulletin Board favourites, rule 23 with top slicing. We have 50 free copies of the book to hand out this month and you can get yours by filling in the form HERE.
It is good to see the FTSE 100 rise today, but not all companies are joining in on the fun. Shares in British American Tobacco (BATS) have fallen, so have shares in GlaxoSmithKline (GSK) and Banco Santander (BNC) shares are basically flat at 549p.
Shares in recruitment software group Dillistone (DSG) have slipped back from more than 110p in July and in excess of 100p for most of last month to a current 96.5p. The company’s house broker, WH Ireland, has now updated and the following updates my view.
The May edition of the UK Investor Show Magazine is live featuring three share tips from Gary Newman, the Greek meltown is worse than everyone thinks, and the EU is not fit for purpose plus a photofeature from the 2017 UK Investor Show.
The nauseating Mail on Sunday fawned upon Pippa Middleton and her ghastly family as they celebrated the "wedding of the Year". Bring on the revolution! But perhaps the real wedding of the year should be between our two very own in-house Bulletin Board Morons GrannySnuffs & Wildes who seem made for each other. can you find examples on the LSE Asylum, iii, ADVFN or twitter of comments more idiotic than those of our own dream team? If so post in the comments section below, the deadline is midnight Sunday 28th May.
Having explained how folks paying up to 0.16p for shares in PGCE fully deserved the rogering they got on Friday after a new media rampfest turned sour I was startled to be told by some professional TW hater "but you tipped it, Doc Holiday said so". Au contraire.
I was due to fly back to Greece on Saturday with British Airways but I did not. It is not for the reason you think, there being no British Airways flights at all out of Heathrow and Gatwick due to an IT bollocks up, but for other reasons equally damning of the airline, now part of International Airlines Group (IAG).
At 5.30 PM on the Friday before the bank holiday, no-one is watching O'Clock, Fusionex (FXI) said that it was to delist from AIM. The shares closed the day off 2p at 129p but will absolutely crater Tuesday as this stinks as we have warned you so many times - as you can see HERE. Once again we are vindicated and the City pump & promote machine must hang its head in shame.
The case for suing Nomad Cantor Fitzgerald over the African Potash (AFPO) fraud builds. It may be that CEO Lyin Chris Cleverley is also sued by shareholders who lost out although it is suspected that he has little in the way of assets so it may be worth sticking with Cantor. The man running the case Peter Petyt has just sent the following update with intriguing new information:
Petrofac (PFC) has seen its share price get absolutely hammered in recent weeks, and although some will probably think I am mad, I can see a buying opportunity here at these levels.
Union Jack Oil (UJO) has announced that Egdon, the operator of blocks PEDL180 and PEDL182, the Lincolnshire based Wressle prospect, has received a variation to the Mining Waste Permit. Union jack has a 15% stake in Wressle where progress in getting the field producing has been delayed by NIMBY's at the County Council.
Now that Roger "Ramper" Lawson has been resigned from ShareSoc in disgrace, ShareSoc it is starting to serve up some opinions of worth. Its latest comment on the RBS scandal is bang on the money and shows why the UK Financial system is flawed and will screw we little people every time.
In this week's contest we are looking for special examples of folks who learned their maths the Diane Abbott way. The morons you nominate may have had a different hairstyle when they posted rubbish on a Bulletin Board or on twitter but that is no excuse. As ever we seek your nominations for Bulletin Board Moron of the week with a deadline of midnight on Sunday 4th June. Post away in the comments section below.
Ai Yi Yi. The submissions this week were a right mess. Focus on the morons, people, the goal is not to be one yourself. Nevertheless, we have a worthy winner.
Having asked for readers tips for 2017 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is a monthly update on performance (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2017)...
Hello Share Poolers. Shorting ain’t for moi. I’ve lost too much money, too fast to make it pleasurable. Painful is more the word.
Alliance Pharma (APH) has made an AGM update announcement, including that trading “is good and in line with the board's expectations” and that “cash flow in the business remains strong”. This is a healthy reaffirmation of our BUY tip of last month which is now well in the money.
International Consolidated Airlines Group (IAG) has been on a steady upwards trajectory ever since taking a big hit to its share price when the UK voted in favour of Brexit last June, but that rise looks like it is about to hit a brick wall following last week’s debacle involving British Airways.
AIM Listed fraud Eden Research (EDEN) has bneen shown to have committed FRAUD, has been panned by the FRC and is still under FRC investigation (whatever it says). But there coulde be an even bigger problem. In its AIM admission document Eden explained that an element of its terpene chemistry was licensed as set out below:
Peter Schiff is a libertarian a gold bug a nd a hero of mine. So I listen to what he says. His latest podcast - not surprisingly - has a similar world view to mine. The Fed is now indicating it needs evidence that the Q1 weak economic data is transitory and not a trend. This is interesting for 2 reasons. The Fed’s narrative has always been to tout economic growth even in the face of flimsy or no supporting data. Now the Fed is actually admitting there is weakness. The other interesting thing is that, although the Fed continues to claim it is “data dependent”, it has been ignoring the economic data ever since the first rate hike. The market puts chances of a June rate hike at almost 100%. Maybe that is because it believes the Fed will raise rates regardless of proof.
Together Robert Sutherland Smith and Tom Winnifrith have now been working in finance for 71 years - the last ten or so together. Tom wishes to stress that RSS accounts for most of that, the great value investor starting his City career at the Unilever Pension Fund the year before Tom was born. In this book they outline 71 tricks of the trade for making money from shares.
Get the first ShareProphets Pocket Guide ebook, EIS - Buying shares with numerous tax breaks. Want to cut your income tax bill, get loss relief if your AIM listed shares go down, pay no CGT, avoid IHT - EIS could be the way and this book explains how.
Most investment books seem to be large enough to keep the front door open and while some contain gems it is hard to find them amid the verbiage. The aim here is to produce a short guide which simply cuts to the chase. I hope that it will provide food for thought for everyone from beginner to expert but whoever you are it should be quick and easy to read and digest.
Search ShareProphets |
Stock market news |
Recent Comments |