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TRAF
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Trafalgar Property gets its April Fool in a day early as surely the Grim Reaper books his appointment

The AIM-listed property disaster that is Trafalgar Property (TRAF) was surely already at death’s door but yesterday’s update shows that its board is either deluded or trying to delude investors. The last set of numbers (released at 4.23pm on the Friday before Christmas) showed negative shareholder funds of £2.9 million (quite an achievement for a housebuilder in a housing boom!). Three weeks ago it tried to dress up a hoped-for bucket shop bailout by proposing to grow tomatoes in test tubes and now we have a disastrous statement which it thinks polishes the turd – but looks more like an April Fool to me...

Isolation

View From Reader's Windows & Desks: Isolation Edition. No 5 Ian in Wakefield, West Yorkshire (the not so grim North)

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 Ian in Wakefield, West Yorkshire (the not so grim North)...

TSCO

Tesco Sells Most During the Supermarket Rush Which Should Translate into a Bigger Share Price Later on

Hello, Share Bunnies. Previously, I've opined that supermarkets were among companies likely to see the biggest and fastest increase in share value once the crisis peaks. But one of them, in my humble opinion, might do better than the others. It’s already showing signs of benefitting most from all the extra buying. And it’s not just panic buying either, as people can no longer grab food in the street or visit pricey restaurants...

Bearcast
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Tom Winnifrith Bearcast: More red flags than flutter on Jeremy Corbyn's bedroom wall

I start with a look at dividends in general and why they should be cut or axed but I discuss - as per today's most excellent article from Chris "Three Brains" Bailey - Imperial Brands (IMB) and Shell (RDSB) in particular. I am tempted to buy both because I think their shares will go up AFTER an inevitable dividend cut. I discuss what a moron Jeremy Corbyn is and my anger at an Oxford institution wanting Government cash. I look at Zenith Energy (ZEN) wondering if it has found more fake sheikhs drawn to the AIM Casino and also at AIQ (AIQ) - which continues to amuse.

NICL

Nichols – now expects a “significant” virus situation impact on 2020 financial performance… so why a share price rise?...

VimtoFeel GoodStarslushICEELevi Roots and Sunkist soft drinks company Nichols (NICL) has updated including “trading in the first two months of the financial year was in line with management's expectations… given the level of global uncertainty, the board is not currently able to provide financial guidance for the year ended 31 December 2020… The group entered this financial year with a strong balance sheet, with more than £40m of cash and no debt”. The shares are currently more than 4% up on the day, approaching 1250p…

ZEN
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Zenith Energy funding deal looks very ‘spoofy’ - avoid

I’ve always gone on the basis that if something doesn’t feel quite right when it comes to non-binding deals being announced, then at the very least it is worth questioning the likelihood of completion. Of course, that isn’t always the case and some non-binding letters of intent, or memorandums of understanding, do in fact proceed as outlined, but my first thoughts when I saw today’s news from Zenith Energy (ZEN) was that it looked very ‘spoofy’...

Newsboy
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Imperial Brands & Royal Dutch Shell - tell us about the 'd' word (please)

After slipping on my hazmat suit (cheap before the crisis by the way) but eschewing the Czech military issue gas mask (again a steal a few months back), I made my weekly allowed trip to a local supermarket. At least my local Sainsbury (SBRY) was sensibly stocked and everyone seemed happy enough to give me a two metre wide berth. Lots of yellow sticker bargains to be had for the freezer too - well you all know I am a value investor at heart. Anyhow, whilst bounding around the supermarket aisles, I was pondering this morning's regulatory news disclosures…

Bear
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Two stocks which are clearly slam dunk zeros

Okay, I have been wrong with such calls before. Quindell (QPP) was a total and demonstrable fraud, running on fumes and so just had to be a zero... Then along came those Aussie poltroons from Slater & Gordon, who bought most of its worthless assets, so saving Quindell but train-wrecking their own company. It happens now and again that the corporate world throws up an even bigger fool than your average Bulletin Board Moron on the LSE Asylum. Moreover, these are “challenging” times...

INSP
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News from the Boiler Room – Inspirit releases interims: how long ‘til lights out, and whose cash is it anyway?

AIM-listed serial dog Inspirit Energy (INSP) released its interims yesterday at 2.33pm and it is same old, same old: the bills keep on coming in but where's the progress on its boiler? And when will the cash run out? – and why was its broker - a subsidiary of housemate Octagonal plc - holding such a proportion of its cash?...

BST
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Big Sofa - to leave AIM, is it game over? 3 End Games

There are three scenarios here of which one is that Big Sofa (BST) goes bust and we shareholders lose everything. If that happens I will apologise again for a bad tip as I apologise now for what has happened. I am sorry. If it is any consolation, if this goes to zero I am kissing goodbye to £37,000. But that is not a given...

Isolation

View From Reader's Windows & Desks: Isolation Edition. No 4 Nick in Bath

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 Nick in Bath...

Malcolm

Why Insurance Companies Might Be Worth Putting in Your Sights

Hello, Share Fans. It’s interesting to see how the adverts have changed on TV. Obviously, if your business is closed, you don't want to waste money on commercials. That’s why all those holiday ads have been replaced by promotions of stuff you can still buy in the supermarket. And it's not just food. Cosmetics, for example, or cleaning stuff are all being pushed. You also get takeaway companies advertising and mail order specialists. But you may have noticed the proliferation of another business sector altogether...

Bearcast
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Tom Winnifrith Bearcast - fake news purveyor Iconic is to tell us what is Coronavirus fake news!

In today's bearcast  I look at Iconic (ICON) which really does not understand irony. Then at Purplebricks (PURP), self entitled snowflake young barristers, Hammerson (HMSO) and EasyJet (EZJ)

AFX
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Alpha FX – 2020 “preliminary view… broadly close to FY2019”... so why a further 40%+ share price fall?

Shares in self-styled “FX risk management and payments specialist servicing corporates and institutions internationally”, Alpha FX Group (AFX) were already down from 1350p reached in January to 940p – and this also following a results statement just the week before last. Now though a “COVID-19 Trading Update” – and the shares currently 560p!...

EZJ
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Bombshell letter in full: Sir Stelios wants to sack EasyJet NEDS demands to know if executives took bribes from Airbus

The founder of EasyJet (EZJ) has written to the board demanding it scrap £4.5 billion of planned Airbus orders, asking if any executives took bribes from Airbus and demanding wholesale boardroom change. The letter is dynamite and I reproduce it in full below:

TRX

Tissue Regenix – I having questioned what about the balance sheet of this Woodford pick?...

‘Regenerative medicine’ medical devices company Tissue Regenix (TRX) has updated including that currently “the San Antonio facility remains fully operational” and the company “has not experienced any material reduction in net revenues versus expectations”. However, the shares have currently responded to below 0.40p, circa 35% lower…

I3E
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BREAKING: I3 Energy has acquired assets which make a massive operating loss - this is insanity

As usual the bulletin boards seem to be flooded with people saying what a great deal I3 Energy (I3E) has just secured, having announced today that it had acquired Toscana Energy Income Corporation (TEIC).

RTN
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False market in Restaurant Group as it drives coach and horses through market rules – closes Chiquito, sacks 1500

As I write shares in Restaurant Group (RTN) have plunged by 18%. There is a false market here. Some folks know the reason, others do not as boss Andy Hornby has told regulators to feck themselves by NOT issuing a statement about price sensitive information. What a complete banker.

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