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

TERN

Tern – Doctor, heal thyself!

Shares in AIM-listed jam-tomorrow IoT investment company Tern plc (TERN) have been on the rampage again. Having sunk to sub-4p in the wake of its last placing, which had been intended to raise £3 million but only notched up £0.8 million propped up by management support, the stock closed last week at 11.25p, having peaked at 15.75p on Thursday. What gives?

Top-10

Notes from Underground - Most read articles for the week ending 3 May 2020

Excluding ShareProphets Radio 29, the most read non-Tom article this week is How Many Investors Own Gold Stocks? by Nigel Somerville at a sensational number seven or  number 14 including Bearcasts.

Atomic
premium content

Mark Slater, Carson Block, Jim Mellon lead the all star line up of investment legends you cant afford to miss

I have been organising investor shows for almost two decade but on Saturday May 9, I have assembled the most amazing line-up of my career and am bringing them direct to you in your living room. Some of the stars will do a formal presentation, most will face me in two way interview. 

SLE
premium content

San Leon Energy – proposed special dividend further emphasises confidence: BUY

Updating on San Leon Energy (SLE) earlier this month, we concluded that the shares, despite having recovered somewhat to 19p, still suggested very little for the “growth and progress” CEO Oisin Fanning looked forward “with confidence to updating shareholders on”. They are currently above 23p on the back of a Proposed Special Dividend” announcement…

Bearcast
premium content

Tom Winnifrith Bearcast: Today I laugh with, not at, Zak Mir

I start with a few reflections on recordings I am doing and how lucky I am. there have been a lot of laughs so far today and to his credit the Sith Lord Zak Mir is quite funny. Anyhow, this is all for the Shareprophets Shares Conference where the 70 hours of video content really is, and I say so myself, of a very high quality. If you like bearcast, You really will enjoy what I am producing so book your tickets now HERE. In today's podcast I discuss the latest misguided thoughts of the one global star of the investment world not speaking next Saturday, I refer, of course, to Roger Lawson of ShareSoc, on regulation in the wake of the latest NMC (NMC) news. I then look ata clear failing where the FCA needs to act fast, Akazoo and the role of Tosca Fund. I am on the warpath.

Isolation

Views From Readers’ Windows & Desks: Isolation Edition. No 35 Malcolm, a scary book writer from Tenby, Pembrokeshire

We're inviting you to send pictures in of what you see out of your window and/or of your new workspace. Just email them to editorial@shareprophets.com . Today, we're looking at the view of Malcolm from Tenby, Pembrokeshire, a man locked at home and unable to visit even The Punter's Return.

Bear

For years, an ugly reality has been masked by easy money and deficit spending

Just wait for the backlash, the bad times are only just starting

Bear
premium content

Sell sub prime auto loan shark Credit Acceptance Corporation

The tug of war going on in the markets now between reality and full on Modern Monetary Theory makes the stock market all but uninvestable until it is clear which side prevails. At the moment the latter seems to have the upper hand, but it is early days and I suspect that reality is not done yet. On the short side, many zombie companies which have been propped up since the GFC with artificially low interest rates are now sensing a new lease of life as they rush to the seemingly limitless Covid trough, as moral hazard abounds. There are always exceptions however...

INTQ
premium content

Ouzo for Gabriel Grego & Tom Winnifrith as Akazoo (InternetQ as was) admits its a fraud - Martin Hughes at Tosca, I'm coming for you!

Back in 2015 I demonstrated, without any doubt, that AIM listed InternetQ (INTQ) was a fraud. I doorstepped it in Athens. I crawled all over its bogus websites in Greece.  The Greek management and fund manager Martin Hughes of Tosca - a shareholder PA as well as via his fund - responded by taking it private. They then rebranded it as Akazoo and listed it on Nasdaq, Earlier this week Gabriel Grego again exposed it as a fraud. On Friday, the shares were suspended, the CEO fired and investors warned that ALL historic financials may be fiction. The SEC filing below is damning.

KWS

Table of shorted AIM shares - week to 01/05/2020

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...

Bull

Are You Ready for a Big Rise in Share Values? Perhaps You Should Be.

Hello Share Trudgers.  Do you need cheering up this weekend? Are you still fearful for your shares? Are you getting ready to snap and sell the lot? Well, I’m not selling any stock at the moment. Not unless some really dire news affects a company individually. Ok, let’s start with reasons to think most of our shares will soon rise.

WPCT
premium content

SUPPing at the cup of failure - former WPCT releases results

Schroder UK Public Private Trust (SUPP) - formerly disgraced Neil Woodford’s Patient Capital Trust (WPCT) - has released its FY19 numbers and the report is truly a dog’s breakfast. It is a shambles: the manager has gone but the board should be sacked at once.

Bearcast
premium content

This Really is Tom Winnifrith Bearcast: St James House surely the fat lady is gargling now?

This is my day of peak recordings - 7 hours of interviews and bearcast underway. I kid you not. apart from bearcast it is all great material for the Shareprophets shares show on May 9. I have just done the Jim Mellon recording which should knock your socks off. Poor man, he is trapped in lockdown in the Isle of Man but seems to be bearing up well. Anyhow, buy your ticket HERE. In this podcast I look at Eurasia Mining (EUA), Scancell (SCLP), 13 Energy (I3E), Arden Partners (ARDN), Petra Diamonds (PDL) and Intu (INTU).

AAU
premium content

Ariana – Bank paid off and more excitements: still a multibagger from here

AIM-listed Turkish gold-miner Ariana (AAU) has announced that the bank loan to build its Kiziltepe plant has now been fully paid of – all on time and according to schedule. Thus all the cashflow from the Kiziltepe plant will now be available for reinvestment or distribution to Ariana and its Joint-venture partner Proccea. Great news on all fronts – much as expected, but head honcho Kerim Sener and his team have done really well. But there is more good news……

HUM
premium content

Hummingbird Resources – well set for a gold price environment which looks set to be very strong?

There has been some strong gold-related share price rises in recent weeks – we recently noting here Bluebird Merchant Ventures and last month’s tip of the month Trans-Siberian Gold is already comfortably up from the then 60p. Shares in Hummingbird Resources (HUM) have also recently been rising... but a current 28p offer price compares to more than 24p reached in January and still below what was reached in February despite gold now comfortably higher and a recent Q1 2020 Production Results and Operational Update...

KEFI

KEFI Minerals – Tulu Kapi update including “an important new development”...

KEFI Minerals (KEFI) has updated including “despite the need to adjust and reschedule many tasks due to COVID-19, the company remains focused on the preparations and finance milestones to enable major site activities to start at Tulu Kapi from October”, with it also noting “an important new development”...

IAG
premium content

The Brutal way British Airways is firing more than 25% of its captains and pilots - letter to Union in full

British Airways currently empliys 4,346 captains and pilots. By Christmas it will have fired more than a quarter of them. And there will be no generous payoffs, just the bare minimum statutory notice period. The Airline says in a letter to the pilots union that if it does not act this way it will threaten its very future. The language is stark and a reminder that anyone predicting a V shaped economic recovery is dreaming.

SHOE

Shoe Zone – a 2:58pm “Result of GM and Interim Update”, now in a better position?…

Previously writing on value footwear retailer Shoe Zone (SHOE), I concluded on a 5:05pm “Proposed Cancellation of Dividend / COVID-19 Update” and with the shares at 75p that there particularly not a propitious position presently and it looks safest to sell / avoid. The shares have since been up to around 90p but are currently back below 80p following a “Result of GM and Interim Update”…

Isolation

Views From Readers’ Windows & Desks: Isolation Edition. No 34 David in Derbyshire

We're inviting you to send pictures in of what you see out of your window and/or of your new workspace. Just email them to editorial@shareprophets.com . Today, we're looking at the view of David in Derbyshire...

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: 23:47:11