AIM-listed Yu Group (YU.) has delivered its FY19 results – this despite claiming it would defer them in line with the FCA’s moratorium (which did not apply to AIM companies)! CEO Bobby Kalar was pleased with the positive results so far as the company recovers from an accounting scandal but I’m not so sure that shareholders should be.

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 John in the Falkland Islands.

Hello, Share Pagers. Last week, I drew your attention to Avacta (AVCT), a company working on the production of a substitute for human antibodies. I speculated that it could benefit from a growing interest in that line of work. I’m grateful to an always welcome contributor to this magnificent website for a useful response to that article...

Hat tip to reader RT with this link, Abu Dhabi Commercial Bank (ADCB) which has a reported $981 million exposure to NMC Health (NMC) has applied to court to have NMC placed in administration, apparently to safeguard the future of the company, according to Reuters. Well, whatever – but it looks like game set and match to bear raider Muddy Waters.

Lots of large companies are currently reducing or even completely scrapping their dividend payments, and whilst some of them will still be seen as attractive investments for capital growth, it leaves income funds in a bit of a quandary. 

The gist of my article a few days ago on dividend behemoths Imperial Brands (IMB) and Royal Dutch Shell (RDSB) was that if either name cut their dividend by half and the shares rose, this would be super bullish. I know that dividend cuts are naturally disliked by income-seeking investors but in a world where I see respected analysts are calculating that '35% of companies in the FTSE All-Share index have cut their dividend in the past 30 days...that’s an even faster pace than when Lehman Brothers collapsed in 2008', you have to get with the backdrop.

On the occassion of my father's 82nd Birthday i ponder how miserrable life must be for him today. I urge you to hold your nose and go online to the Mail on Sunday just to read Peter Hitchens today. His column is golden prose, a joy to read. we agree on the coronavirus and the Government's appalling response. Luke Johnson is in the same camp and I quote from his Sunday Times column reflecting on where my animal spirit sits as a consumer, an investor and an entrepreneur. Where, I ask,  do you sit dear listeners? I sense, in many cases they have been crushed and thus what lies ahead is a recession of the sort few of us have ever seen before.

Warren Buffett is famed for many pithy comments such as “When the tide goes out you see who wasn’t wearing trunks” in the wake of the banking crisis. It is often the case that those who really understand what is going on are best able to explain it in simple terms and this week Peter Schiff offered up another. The point here is that we are being told that everything will return to normal once the coronavirus has been dealt with – Peter Schiff completely disagrees.

Every dog has its day. Even the Miton Smaller Companies Fund run by the new Neil Woodford, Mr Gervais Williams. In March it managed to lose just under 12% in value whereas the small cap unit Trust sector saw an average loss of c25%. So Gervais, for almost the first time in five years, beat his peers. But the absolute losses were compounded by yet more redemptions and, thus, the precipice of an FCA driven gating, draws ever closer.

Here are five long reads that have nothing to do with shares. Put the kettle on, find a comfy chair. You have the time, don't you?

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 Robert in Qatar.

Excluding ShareProphets Radio 27, the most read non-Tom article this week is Imperial Brands & Royal Dutch Shell - tell us about the 'd' word (please) by Chris Bailey, at number four or number 11 including Bearcasts.

I start with a swipe at the failings of the deadwood press and the behaviour of the soccer Premier League. More on the former in a podcast on my own website later this weekend - a promise for comrade Euro Loon Jonathan Price. Then a look at Debenhams whose demise I regard as a silver lining from the Covid 19 cloud. I think Zombie firms should all perrish. But the main part of this podcast looks at Executive Greed and with firms asking either investors or the taxpayers for a bailout now is an ideal time to lance this boil. 

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 March (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)...

This is like 430 BC all over again...

Cyber security and strategic intelligence services group Falanx (FLX) has updated we long suffering investors with news including that it “experienced strong trading with circa £1m of significant new orders between December and mid-February in the Cyber division” and “discussions with our customer base indicate that they expect to resume spending on cyber security-related measures once they move away from their immediate crisis planning, and their home-based working infrastructure has bedded in”. The shares have currently responded higher, to 0.825p…

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 Donalgarth in Lochmaben, Scotland.

A market and COVID-19 response update from BP (BP.) – and the shares 3% lower at 333.7p on the back of it…

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...