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Latest News

CHAR
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Chariot Oil & Gas – I hated this investment case. Now I like it.

I read with interest the e-mails published on this site yesterday from a Chariot Oil & Gas (CHAR) shareholder. I have been following this business for some years, and only recently added my name to the shareholder register. I thought I would articulate why I have and perhaps address some of the issues identified by my fellow shareholder.

SBTX
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Skinbiotherapeutics, the most idiotic of PR men and an email exchange

There are only two financial journalists who write regularly about Skinbiotherapeutics (SBTX): myself and Steve Moore. Coverage elsewhere is minimal to zero yet for some reason the company wastes the cash of loyal shareholders such as myself, on Instinctif, a financial PR firm.  Yesterday at 4.16PM on trading statement day Mr Phillip Marriage of Instinctif dropped me an email. I suspect he wishes he had not.  Our full exchange follows.

ABF

Primark Primed to Peak Again as its Owner Associated British Foods Beats the Virus on Grocery Sales

Hello, Share Seekers. This humble commentator has oft recommended that you should consider Associated British Foods (ABF). Not just because of the grocery side, but mainly because of the amazing attraction to shoppers of its Primark arm. Of course, this enthusiasm was knocked off course by the virus closing down Primark stores but now they’re open again and there seems to be an unseemly rush of buyers eager to make up for lost time...

PHE

ShareProphets readers tips for 2020 competition – end June update

Having asked for readers tips for 2020 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2020 harvest) HERE, the following is an update on performance at the end of June (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 2020)...

PCIP

PCI Pal – “remain confident of delivering significant year on year growth”… so why a muted share price response?

‘Cardholder not present’ payments technology provider PCI Pal (PCIP) has updated that for its year ended 30th June 2020 it expects to report revenue 55% increased on the prior year and “we remain confident of delivering significant year on year growth in FY21”. The shares have responded slightly higher above 40p, but remain well below 50p+ previously reached...

Bearcast
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Tom Winnifrith Bearcast: a Totally bogus balance sheet & results statement

Today it is Haile Selassie who gets de-statued. This confuses me. Then Nigel Wray gets confused as to the value of the FTSE 100 and of Apple. I share his confusion, can you help me. I discuss Burford (BUR) and then go to town on Totally (TLY) where the balance sheet is a joke and today's results statement needs to be rewritten and re-issued. Finally I have just filmed the first main stage presentation for MineProphets on July 18. It is almpst an hour long and, I learned a lot from it, it really is most excellent. Book your seat HERE 

CHAR
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Chariot Oil & Gas - a couple more emails from (rightly) disgusted shareholder Mo Majid

Earlier today I flagged up an email t0o the great and the good from disgusted Chariot Oil & Gas (CHAR) shareholder Mo Majid which raises major questions. Now, thanks to Winnileaks I publish two of the 17 emails sent by Mo to the company and its evil PR spinners Celicourt wheich went unanswered. they raise grave questions about Chariot and also about its use of Fat Bastard, the whore blogger, Malcolm Graham Wood to ramp the shares. Enjoy. 

BP
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BP – agreement to sell petrochemicals business, still a long-term income buy?

Shares in BP (BP.) closed the prior week heading down towards 300p but are currently back above 310p, particularly following an “agrees to sell petrochemicals business to INEOS” announcement...

CHAR
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Chariot Oil & Gas - a disgusted shareholder writes

The following letter has just been sent to the great and the good of the political and media classes and the creme de la creme of the AIM World. Natch I did not get a copy but it arrives via Winnileaks and appears a damning indictment of Chariot Oil & Gas (CHAR) and certainly would not tempt me to buy the shares at 1.96p. Enjoy...

Tom
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Tom Winnifrith Shareshow No 5: Well over 2 hours of Gary Newman on mining stocks, Harry Adams of Kefi and myself on why Cineworld has to be a stonking short

And now from Wales, by just 30 yards, it is my new, I hope, weekly video show. This costs 99p per episode to access and you can either listen or watch very sparky interviews with our Gary Newman on mining stocks to buy, why gold is NOT going to soar, a compelling £1.7 billion non-mining short and fishing shares, Harry Adams the boss of Kefi (KEFI) - a stock I own - and myself on why Cineworld (CINE) deserves to go bust, wont, but is a stonking short none the less. You can access the show HERE

ALT

Altitude Group – activity now increasing & “believe… has sufficient financial resources and liquidity” BUT...

Altitude Group (ALT), “the operator of the leading marketplace for personalised products”, has updated including “membership numbers are steady… with average distributor revenue increasing to c. $1m pa and aggregate member revenue of circa $2.2 Bn. Our VIP supplier partners remain unchanged at 175 from our last update” and “believe the company has sufficient financial resources and liquidity to see the business through to more normalized market conditions”. The shares are currently at 23.5p, 17.5% lower!...

SOS
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Sosandar delivers a Curate’s Egg of a Trading Statement

AIM-listed online ladies fashionwear purveyor Sosandar (SOS) has released a trading statement covering its reporting Q1 from 1 April to 30 June. As per the trading and Covid-19 update provided last month, on the surface this morning’s statement appears reassuring, but is it?

WTB
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Whitbread: why you shouldn't worry about a -80% Q1 revenue move!

Regular readers will recall I cheered Coca-Cola's largesse in splurging on the Costa Coffee chain from Whitbread (WTB) and hence when the company wanted some of those distributed returns back a month or two ago to invest into its Premier Inn hotel range, I was supportive – observing that 'a crisis is an opportunity and with many hotels struggling to survive, Whitbread pounds (or in Germany euros) can go a long way in terms of locations'. And it certainly is a general crisis...

Oil-Rig
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Shareshow Tips – how am I doing?

After admitting I got Rockrose Energy (RRE) wrong and did not anticipate a cash takeover situation, Tom Winnifrith waved a P45 in the air. As anyone who follows Twitter or listens to bearcasts would know, this would likely have been a P45 with Darren Atwater’s name crossed out and mine inserted, such is Tom’s management style that we all on the payroll enjoy (at least some of us!, TW Note: Given that I fire Darren almost weekly, I really ought to fire Peter now for not twigging this was a joke). In yesterday’s bearcast Tom backed my judgement of investment cases on balance as being more often right than wrong. But one has to ask was he right to do so?

WATR

Another Rare Word to Highlight A Bouyant Company whose Shares Could Soon Bubble Up

Hello, Share Shakers. We often say on this startlingly good website that a beleaguered company’s shares are defying gravity. But there are some outfits unfairly held back by the same unreliable force. One such firm, I suggest, it is condign to consider is Water Intelligence (WATR). And just like companies that suddenly stop ‘defying gravity’, a reverse process could take place for this enterprising venture...

Gold
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Gold knocking at the door of $1800, on the cusp of a big move?

As I write, gold is battling towards $1800 again. We are not there yet, but there are signs for optimism that the mini-correction in gold and gold stocks is coming to an end. When I use the term “correction” please do bear in mind that it can be a correction in price or just time. So what are the signs giving me optimism?

MNO

Maestrano – “Partnership Agreement and ARTC Update”… and shares up 70%+...

“Partnership Agreement and ARTC Update” from data management and business analytics technology company Maestrano (MNO) – and the shares currently heading towards 6p, more than 70% higher!...

Bearcast
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Tom Winnifrith Bearcast: should I fire Peter Brailey for costing me £9,000?

I start with the latest statue pulldown, Frederick Douglas, and what it says about the insanity of 2020. I then move onto Peter Brailey and the P45, re Rock Rose Energy (RRE), Supply@ME Capital (SYME), Iconic (ICON), Boohoo (BOO) and Big Dish (DISH). Tomorrow I record the first video for MineProphets, remember to book your seat HERE

Newsboy
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All change at the top for Lloyds Banking Group and Aviva

Monday morning…and changes at the top of a couple of the largest UK financial sector stocks. Well - technically - only one change today and one to come. Let us deal with the latter first...

FAB

Fusion Antibodies – argues some “excellent progress”… so why has the covid bandwagon currently de-railed somewhat here?

Fusion Antibodies (FAB) has updated with CEO Paul Kerr emphasising “distributor agreements will broaden our reach in two key markets” and “generated a panel of SARS-CoV-2 S antigens”. The covid bandwagon has though currently de-railed somewhat here – the shares presently back below 90p, down 14%...

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