Altyn – bond issue fully placed, emphasises confidence which we very much share: BUY
Kazakhstan-focused gold mining company Altyn (ALTN) “is pleased to announce that the bond issue on the Astana International Exchange (aix.kz) was fully placed… raising the targeted $10m amount”...
- By Tom Winnifrith & Steve Moore |
- 4 July 2020, 15:26 |
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Iconic Labs – a catalogue of excuses, forced to 'fess up by our exposes
At 5.07 PM yesterday, AKA no one is watching o’clock, after a series of exposes on this website, about its failure to tell the truth to investors Iconic (ICON) issued an “Update on Joe Media and Other Business Update.” It vomited up a series of excuses for failing to conclude deals previously announced and forthcoming dire results with minimal turnover and significant losses. The text in bold is what we imagined Directors were thinking as they drafted this statement.
- By Tom Winnifrith |
- 4 July 2020, 15:25 |
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Tom Winnifrith Bearcast: Boohoo.com, Baillie Gifford, slave labour & Leicester
I start with a few words on the end of lockdown for those of us living within 5 miles of England. Then I look at the growing scandal involving Boohoo.com (BOO), and its suppliers using slave labour in, Leicester, spreading disease and treating workers like, well, slaves. It is a scandal. But who will Baillie Gifford which wanks for Britain on virtue signalling ethical investing (see HERE) react as it is a major Boohoo backer? Now Matt Earl's words about bumper margins at Boohoo, in my second video show HERE, seem even more prescient. PS remember to book your seats for MineProphets on July 18 HERE.
- By Tom Winnifrith |
- 4 July 2020, 15:24 |
Table of shorted AIM shares - week to 03/07/2020
From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2019 and thus far in 2020 (by net short position %, those in bold not on the list at the start of 2020) – and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...
- By ShareProphets |
- 4 July 2020, 12:48 |
Why I'm Not Buying Shares Until the Pandemic Is Further Along the Road to Destruction.
Hello, Share Chompers. Once again, I include in my article a word you probably don't know. See if you can identify it. Now, nobody need tell armchair tycoons like ourselves that nothing travels in a straight line. The most promising share will take two steps back for every three it rises. We also know that everything in Shareland takes longer than expected. Now I agree with Uncle Tom (a fairly rare event) that before long the virus will become far less common and will no longer trouble the world’s economy. But the threat is not receding as fast as we might have expected.
- By Malcolm Stacey |
- 4 July 2020, 12:48 |
Tasty plc – ‘due to the continuing COVID-19 restrictions’...
A week ago shares in Wildwood and dim t restaurants company Tasty plc (TAST) recovered a further more than 26%, to 2.85p, on an announcement that it had “re-opened seven restaurants (representing approximately 13 per cent. of the estate) for takeaway services only. Over the next few weeks, the company intends to cautiously open further units for takeaway and/or full table service, in compliance with Government regulations, and by mid-July expects to have some 25 units open for trading”. Now a “Statement re: Redundancies”...
- By Steve Moore |
- 3 July 2020, 17:20 |
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Reach4Entertainment – 2019 results, “confidence in the group's ability to withstand the current situation”...BUY
Live performance and entertainment marketing group Reach4Entertainment (R4E) has announced results for the 2019 calendar year, including “confidence in the group's ability to withstand the current situation and… anticipates that when live venues finally reopen - at whatever capacity - the requirement to market shows should ensure that r4e quickly returns to previous levels of trading”...
- By Tom Winnifrith & Steve Moore |
- 3 July 2020, 16:18 |
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Touchstar – shares further recover on AGM update, more to come...
Touchstar (TST) has updated including “positive trading has flowed into greatly improved cashflow” – and the shares have currently responded nearly 20% higher to 55p...
- By HotStockRockets |
- 3 July 2020, 15:22 |
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Tom Winnifrith Bearcast: Versarien complaint reaches the Cabinet Office
Thanks to all of you who have written to your MP about the soft and, we think, illegal soft taxpayer loan to Versarien (VRS). I have an update on where at least one MP has taken it but urge you all to drop an email now using the template HERE. I also comment on my own mortality, prompted by the MCC, Big Sofa (BST), Victoria Oil & Gas (VOG), Iconic (ICON), Greatland Gold (GGP) and urge you to book your seat for July 18 and MineProphets HERE
- By Tom Winnifrith |
- 3 July 2020, 15:20 |
Shoe Zone – Foot abruptly fitting as CFO resigns (& when?)...
“Shoe Zone PLC (SHOE) is pleased to announce the appointment of Peter Foot as Finance Director, with effect from 6 July 2020. Peter will replace Jonathan Fearn whose resignation has been accepted with effect from 31 July 2020”. Hmmm...
- By Steve Moore |
- 3 July 2020, 15:15 |
Highland Gold Mining – “Update on COVID-19 Response”, continuing as planned...
Highland Gold Mining (HGM) has updated on its COVID-19 response, with its programme of measures enabling its mining, processing, sales, supply chain and capital construction projects to ‘continue as planned’...
- By Tom Winnifrith & Steve Moore |
- 3 July 2020, 15:00 |
Video: Why Silver Won’t Follow Gold to New Highs
Everyone says silver is a better bet than gold but everyone is wrong says author Mickey Fulp. He regards as "crazy" some equity valuations that have developed and what he coins “Market Covidicy.” He cautions that if gold or silver were to suddenly head multiples higher, you would probably want to have a bug-out bag by the door and a survival bunker nearby.
- By Tom Winnifrith |
- 3 July 2020, 15:00 |
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FastJet remembers its promised trading statement but this turd can’t be polished by vile Citigate
As a good citizen, yesterday, I reminded FastJet (FJET) and its loathsome, journalist smearing, motherfucker evil PR spinner bastards at Citigate Dewe Rogerson that they had promised us a trading statement by “the last week in June”. Duly nudged a statement arrived today and it is dismal. The crash landing at Tits Up Airport has been postponed but not for long.
- By Tom Winnifrith |
- 3 July 2020, 14:22 |
June performance update: start of 2020 Shorted AIM shares
Early this year we showed the Shorted AIM shares at the start of 2020. How's the performance as at the end of June? (those in bold remain from 2019)...
- By Steve Moore |
- 3 July 2020, 09:20 |
Choosing an Obscure Word to Write About a Fund Thriving despite the Pandemic
Hello, Share Swatters. For a bit of fun to lift these dreary lockdown days, I’m introducing a new feature in my modest daily view of shares you might consider. Every article will contain a word you may not know. You might do, but let’s see. And now for today’s commendation, it’s BlackRock’s Greater Europe Investment Trust (BRGE). Now where nearly all other share funds have been hit by the virus, this share has hit new highs...
- By Malcolm Stacey |
- 3 July 2020, 09:15 |
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Tom Winnifrith Bearcast: You thought my Tomco New article was an illiterate typo - au contraire!
First up I again mention booking your MineProphets tickets for July 18. I hope to have more news on speakers shortly but book ahead HERE. secondly my local MP, understandably, hates me and is not very bright so may not act on my Versarien (VRS) letter so I beg you to send one to your MP. Then I discuss Tomco (TOM), its news today and how clever I am before tackling Mosman (MSMN), as it tries a multi-currency turd polish.
- By Tom Winnifrith |
- 2 July 2020, 17:09 |
Air Partner – following “the business has continued to perform well ahead of budget in May”...
I concluded on aircraft charter and aviation safety & security consulting and training company Air Partner (AIR) in May with the shares around 50p that they were at least worth continuing to monitor and possibly a small, speculative buy and most recently last month, with they rising above 80p, that the outlook suggests to me it at least worth those in here continuing to hold. Now a further update from the company...
- By Steve Moore |
- 2 July 2020, 15:51 |
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KERBOOM: Airbus – another MASSIVE question for EY (formerly Ernst & Young)
Following yesterday’s series of questions for EY, formerly known as Ernst & Young) – auditor to Airbus (EPA: AIR), another enormous question has emerged.
- By Nigel Somerville |
- 2 July 2020, 15:50 |
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Versarien: I have sent the letter below to my MP in Wrexham and urge you to send to your MP too
I am gravely concerned about the soft loan given to Versarien (VRS) by Innovate UK. It seems to me that rules have been broken and taxpayers cash should not be used in this way. I have, therefore, written to my local MP here in Wrexham, Ms Sarah Atherton, asking her to raise this with the minister responsible, Alok Sharma as soon as possible. I urge you to copy this letter below, adapt it for your local use, and contact your MP too urging him or her to act on this matter at once.
- By Tom Winnifrith, The Sheriff of AIM |
- 2 July 2020, 15:44 |
St James House – Sell while you can
Two days ago St James House (SJH) published a trading and finance update and the shares rocketed up 350% to a mid-price of 67.5 pence per share. They have since slumped back to 35p, but that is still 35p too high.
- By Tom Winnifrith |
- 2 July 2020, 12:51 |