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Latest News

MCLS

McColl's – “Directorate Change”, building foundations for success?...

“Directorate Change” announcement from McColl's Retail Group (MCLS)… “Robbie Bell has informed the board of his decision to step down as Chief Financial Officer and from the board”...

Bearcast
premium content

Tom Winnifrith Bearcast - The dirty dirty dirty dog of an AIM shell that is Anglo African Oil & Gas - insanity runs riot

Among others I interviewed this morning for Saturday's ShareProphets Shares show was Luke Johnson. It was another cracking video which I reflect upon. Suffice to say with 85% of the content now on tape it will be a great event so get your ticket now HERE. I look in today's podcast, inspired by Luke, at commercial property including Hammerson (HMSO) and Into (INTU) and how this all plays out. It is not quite as you may think. I also look at Catenae (CTEA) and the utter insanity at Anglo African Oil & Gas (AAOG).

CARD

Card Factory – updates including noting significant online sales growth, BUT...

“Covid 19 update” from retailer Card Factory (CARD) – and the shares currently slightly higher, around 40p...

Gold

Video: Gold Miners are Orders of Magnitude Undervalued Relative to Gold

Fund manager Mark Yusko argues that we have the highest amount of leverage at all levels today, which is very similar to 1929. The 1929 crash was terrible, with markets falling 47%, then rallied back and then collapsed again. America today has an addiction problem, and that addiction is debt. Debt has to be defaulted on or inflated away, which is the path they choose in the 1930s.

HFD
premium content

Halfords suggests I am not the only one getting on my bike

My views on Halfords (HFD), the 'retailer of car parts, car enhancement, tools, camping and touring equipment and bicycles', have evolved over the last year or so. I started off overtly bearish, though last time - back in mid-January - I concluded that I needed to do a site visit after observing that I was quite impressed by the progress and implied customer affinity exhibited by key divisions including cycling and the autocentres. Today's update kicks this on a stage further...

TERN
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Tern Plc – at least 50% overvalued even if you believe its stated NAV ( which I don’t)

Nigel Somervile HERE and myself HERE both took apart yesterday’s ludicrous and dismal results announcement from AIM dog Tern (TERN).  Neither of us believe its NAV is real but even if you are credulous enough to swallow that canard the shares should surely be 50% lower. Here’s why.

Mark-Slater
premium content

Well I guess you know better than Mark Slater & Jim Mellon then?

If you have not bought a ticket for the greatest ever investor show held in Britain I suppose the answer is yes. Congratulations! You are a genius

TGP

Tekmar – “well placed to navigate this period of uncertainty”?

Technology provider of subsea protection systems, Tekmar Group (TGP) has updated including emphasising its revenue growth and “a record year end Order Book of no less than £10 million”… “despite the lockdown and social distancing measures associated with COVID-19 impacting the group's activity in the heavily Q4 weighted period”. Having commenced April below 100p, the shares have currently responded further higher to 120p...

AVCT

Avacta Shares May Currently Be Overpriced, But that Doesn't Guarantee They'll Stop Rising

Hello, Share Takers. Uncle Tom has described the valuation of Avacta Group (AVCT) as ‘bonkers’. With his diamond record, few will quarrel with that. Therefore, long-term players should probably avoid this stock. But what about opportunistic momentum investors?...

TERN
premium content

Shares take a TERN for the worse as FY numbers are released

AIM-listed jam-tomorrow Internet of Things investment company Tern plc (TERN) finally got around to releasing its FY19 numbers this morning, at 8.15am. To me, the numbers were dire – and the market’s reaction was to mark the stock heavily down: they are off by 25% as I write.

Bearcast
premium content

Tom Winnifrith Bearcast: Another discussion with the Northants fuzz about my "harassment" of a gender fluid Bidstack Moron

Mike Turner really is a stupid man.  I find myself once again talking to the Law about his attempts to stop me exposing him as a defaming moron. I move on to discuss the conflicted riole of the broker to the POS that is Bidstack (BIDS). Then it is onto events at Motif Bio (MTFB) and Tern (TERN) and the way it presents its dismal results. Finally I have just recoreded a 90 minute video for Saturday with Mark Slater. I see that in the comments section NoGold reckons he will would learn nothing from Slater but NoGold is a genius. For everyone else that video is gold dust. Buy your tickets HERE.

BIDS
premium content

Bidstack : Broker Stifel is ‘avin’ a Turkish with one of the crappiest notes in history

The key phrase in today’s research report on Bidstack (BIDS) from broker Stifel is “Stifel does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their investment decision.” Put another way, Bidstack runs out of cash in a few weeks, needs to get a bailout placing away with Stifel which will earn 5% commission on that. The report is truly dire.

CINE

April performance update: start of 2020 top shorted London-listed shares

Early this year we showed the top shorted London-listed shares at the start of 2020. How's the performance as at the end of April? (those in bold remain from 2019)...

CPT
premium content

Concepta – another agreement to increase potential...

Concepta (CPT) has announced “an exclusive global licence agreement with Abingdon Health Limited for the use of its App Dx IP for human pregnancy and fertility”...

ITX

Itaconix – Woodford dog emphasises “Strong Revenue Momentum and Extended Funding”… but what’s the detail?...

The previous update from Itaconix (ITX) was “Company Update on Funding and Business Plan”on which the shares further slumped and I summarised Woodford dog in need of funding (natch) says “there can be no assurance” & considers AIM de-listing. Today from the company a different approach, with an announcement; “Strong Revenue Momentum and Extended Funding”...

Isolation

Views From Readers’ Windows & Desks: Isolation Edition. No 38 Bryan in Hertfordshire

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 Bryan in Hertfordshire, who is using lockdown as an excuse for clean living...

JSE
premium content

The Jadestone Energy share price could go lower but it has the strength to ride out low oil prices - buy

Currently a lot of private investors seem to be looking around the oil and gas sector for the most bombed out stocks that they can find, in the belief that these will offer the most upside on commodity prices eventually recovering. The big problem with that though is that if commodity prices do stay fairly low for a prolonged period of time, as seems likely given expected demand levels even when things do start to recover plus the huge amount of oil sat in storage currently, then some of these companies may never actually recover...

AIR
premium content

Air Partner – updates including “April was a record month”...

Previously writing on aircraft charter and aviation safety & security consulting and training company Air Partner (AIR), last month with the shares responding above 50p I concluded its planned shareholder updates approximately every four to six weeks during the crisis look something worth monitoring. On the watchlist. Today a further such update, with the trading overview...

YEW

Tie a Yellow Ribbon Round the Yew Grove as its Income and Dividends Seem Secure

Hello, Share Wishers. Here’s another outfit that isn't likely to be hard hit by the coronavirus. Yew Grove REIT (YEW) is an Irish company listed on AIM. It buys properties to lease to commercial firms who’re happy to operate from premises outside Dublin. Oh no, I hear you say. Why is he advocating a property trust when we all know firms are arguing for lower rents and even holidays from their landlords?...

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AAU

Ariana – Surprise!

 

ANP

Anpario – a recovery Buy?...

Thursday »

Cat_Fixing_Lightbulb

Bearcast issue update: all should be well

 

ORCP

Oracle Power: Cynical Foul

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