From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Latest News

PIRI
premium content

Rampers of a feather stick together, Dave Lenigas blows off Chris Akers on twitter

On Saturday in my main stage AIM rogues presentation David Lenigas and Chris Akers both featured prominently. Big Dave is a shareholder in Pires Investments (PIRI) a stock that was my tip of the year but where I suggested banking gains as it now trade way above fair value. Chris Akers has today announced that he has taken his stake from 3.1% to 6.1% and Lenigas almost wet himself with excitement as he tried to tweet the news out asap, as you can see below. Caveat emptor:

BIDS
premium content

Letter to AIM Regulation: The Time to suspend Bidstack shares is NOW pending clarification

Despite incteasingly desperate attempts to ramp its share price, AIM dog Bidstack (BIDS)  sees its stock marooned at 6p. Interestingly, the spread is wide enough to drive a bus through, indicating market makers are aware that either one last ramp but also that a deeply discounted bailout placing may be imminent. But the bare fact is that the company cannot both meet May payroll and satisfy short term liabilities. As such, its shares should surely be suspended pending clarification of its financial position. I have written to the Oxymorons at AIM Regulation today making this request.

TERN
premium content

Tern – six more red flags and another email from Lloyd Leckerman

Tern (TERN) shareholder Lloyd Leckerman argued in his fan mail of yesterday that I penned an article on his beloved POS AIM stock every day. Not to disappoint Lloyd I serve up six more red flags for him to ignore. But first…

ORPH
premium content

Open Orphan – can these Covid 19 antibody testing numbers be correct? Clarifying RNS needed ASAP

Last night Cathal Friel gave a a video interview on behalf of Open Orphan (ORPH)where he discussed a new test for Covid antibodies, like the Roche one, that open Orphan is involved in rolloing out. The video is below. An RNS to clarify quite extraordinary numbers given by Cathal in this interview is, IMHO, needed asap.

PURP
premium content

The housing market is NOT reopening, 1 of two reasons to revisit Purplebricks...

Since warning you not to be short as the market almost bottomed it has been painful for those who ignored my advice. But I sense that a few opportunities may be opening up again. There is something Orwellian in the way that our Government makes statements about the Corona economic mess it has created with its non-sensical policies, the MSM parrots them and then as a nation we are expected, when not applauding the NHS or snitching on our neighbours for having two walks a day, to repeat and accept. And so we are told that the housing market is “opening up again.” And that swift action in getting housebuilders back to work & allowing estate agents to go to back to lying to buyers and sellers alike, will protect the nation’s favourite obsession, house prices...

SPX

So that's why this Adaptable Engineer has Held On to its High Share Price

Hello, Share Gatherers. The share price of one of my babies Spirax-Sarco (SPX) has held up in the virus crisis. I wondered why, and think I’ve found the reason...

Bearcast
premium content

Tom Winnifrith Bearcast: No Roy I will not pay more tax to keep paying Polly fecking Toynbee £300k a year

Thde good news is that Buzzfeed UK has been shut down for good. The bad news is that pampered journalists are increasingly demanding that we plebs pay more in tax to subsidise them. I discuss that then the increasingly murky goings on at All Active Asset Capital (AAA), death spiral nonsense at Tertiary Minerals (TYM) and then buyers remorse at Restaurant Group (RTN). Finally I have bad news about Woodlarks & need your help, please respond.

MIN

Minoan – FY19 Results...........still waiting for a deal

Like AIM-listed Scancell which I finally gave up on as it joined the Covid-19 bandwagon, AIM-listed Minoan has been a disastrous tip. I suppose one reason I am hanging on is that whilst the shares have continued their downward path, there has been some progress – however painfully slow – towards monetising the Cavo Sidero resort in Crete and at the current 1p per share there seems little point in selling now. This morning Minoan served up FY19 results.

SCPA

Scapa – fundraising to “provide flexibility to fully realise potential opportunities”?

Developer and manufacturer of healthcare and industrial products Scapa Group (SCPA) “is pleased to announce the successful completion of the placing… we believe there are strong tailwinds emerging in our two business segments, Healthcare and Industrial, and a strengthened balance sheet will provide flexibility to fully realise potential opportunities in a post-COVID-19 environment”...

IQE
premium content

IQE and CEO Dr Drew Nelson – Missive to AIM Regulation and the FCA

I have dropped a note to our good friends the Oxymorons and Chocolate Teapots, of AIM Regulation and the FCA respectively, with regard to AIM-listed IQE (IQE) head honcho Dr Drew Nelson and his recent dealings with Equities First Holdings. It seems to me to be a certainty that he has not come clean over his loan that isn’t a loan, under which he is “obligated” to repurchase the shares he sold yet these deals are non-recourse (so he’s not “obligated” at all), where we were told he had cash put aside to meet margin calls but settled one with more shares, and where his margin call appears to have been reported well after the fact – or it was not the first – when, if I understand the rules correctly, all margin call matters and any other developments in relation to his EFH loan which isn’t a loan should be reported to the market within a few days.

SFE

Safestyle UK – updates on planned restart, “ability to navigate through the challenges”?

Self-styled “leading UK focused retailer and manufacturer of PVCu replacement windows and doors for the homeowner market” Safestyle UK (SFE) has updated including on a plan “to restart operations, including manufacturing, installations, surveying and selling activities by the end of May” – and the shares have currently responded to around 25.5p...

Beggar

Video: Don't buy into the idea that crypto is safe - Fiat Currency is a Better Store of Value than Bitcoin

Trader Chris Vermeulen is expecting another market correction since the fundamentals for the market have only worsened. Small investors have been piling in while smart money has been exiting. He warns that “The average person is going to get completely slaughtered.” But he is bullish on silver, as it seems primed for a move higher.

NCYT
premium content

Novacyt Final results and trading outlook show valuation truly insane

I do not deny, nor have I ever denied, that Novacyt (NCYT) is a winner from Coronavirus but the data out today must make you reflect on the past, present and future and conclude that the valuation, £213 million at 372p, is just insane.

TERN
premium content

Today’s "fan mail" for Tom Winnifrith is from Tern owning Lloyd Leckerman

Hmmmmm, the auditor quit for reasons unexplained and the company hushed it up. There is a cash crisis by Christmas. The NAV is utterly questionable. The last placing was a flop. Why wouldn’t a journalist ask the odd question about Tern (TERN). And that is what myself and Nigel Somerville do as you can see HERE. But for the shareholder there can only be one reason for our articles which are ALL really writen by me. Meet Lloyd Leckerman who has sent me an email:

III
premium content

What discount is appropriate for 3i Group?

I cannot claim any great insight on luxury watches as my trusty Seiko is certainly of a more utilitarian focus. So when Watches of Switzerland (WOSG) talks about firm online demand as demand switches from physical stores, I kind of shrug my shoulders. There will always be the rich I guess. Perhaps they believe that buying such trinkets is some kind of protective investment strategy? Give me unblemished gold any day rather than a gold watch... Anyhow, my short call of nine months ago eventually has come right and onto the main event...

TET

This Foodie Flyer Shouldn't Be Damaged by the Virus. Not at all!

Hello, Share Pickers. Here’s a company you may not have researched before. But it’s not likely to suffer because of the virus crisis. In fact, it seems to be picking up business since the lockdown. It’s a firm which supplies food outlets with important ingredients and flavours. And we all know that supermarkets and other food shops have stayed open during the pandemic...

SLE
premium content

San Leon Energy - is this the most gutsy director buy ever seen on AIM?...

Last week I interviewed Oisin Fanning, the boss of San Leon Energy (SLE) for a video for the ShareProphets shares show which you can see HERE. It was utterly compelling and on May 6 I put 8% of my pension into the stock, something I discussed in my main stage talk on AIM Rogues, at the show, HERE. There has now come a bombshell...

Bearcast
premium content

Tom Winnifrith Bearcast: Rishi's in denial, Purplebricks is in denial but will AIM regulation be in denial about Tern?

I start with the economic mess the Government has landed us all in. Will 25% of small businesses go bust or just 13% and who is going to pick up the tab? Then it is onto Purplebricks (PURP), Tern (TERN), Mosman (MSMN) and Bidstack (BIDS) where time is almost up, the Fat Lady is surely gargling now.

VLS

Velocys – beware “JDA extension with British Airways & Shell signed” share price spike?...

“secured a further £1m funding for the Altalto waste-to-fuels project from British Airways PLC and Shell” announcement from Velocys (VLS) – and the shares up from around 2.5p to still well above 3p, capitalising it at well above £20 million...

OPTI
premium content

OptiBiotix – now Taiwan agreement adds to confidence...

OptiBiotix Health (OPTI) has announced it’s “pleased to have signed an agreement… to commercialise our award-winning weight management technology in Taiwan”

Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

Most Read in the Past Seven Days

That Was the Week that Was

 

CTAI

Catenai – monster dilution

Time left: 08:04:23