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

PTRO

Pelatro – argues “in line with its expectations”… but that any real achievement?

Self-styled “multichannel marketing hub software specialist” Pelatro (PTRO) has updated on 2019 that it “expects to report revenue and adjusted EBITDA for the year in line with its expectations” and that it “continues to show strong commercial momentum, evidenced by recent contract wins, and now has 19 customers with fully operational software, of which 5 were won in 2019… The group's pipeline remains strong at about $16m of which about $6m is from existing customers”. The shares have currently responded to 67.5p, 9% higher…

CWR

Big Corporate Shareholders Show Confidence in my Fastest Rising Stock

Hello Share Squarers. It’s not often I return to a company as quickly as I do with today’s offering for your further research, but things are happening at my fastest-moving stock Ceres Power (CWR). For some time there has been speculation on the net as to why the share price keeps on rising and who might be buying. Now the picture is a bit clearer...

NET

Netcall – having argued “board confidence in the ongoing success”… why a trading update 10%+ share price fall?

Previously writing on Netcall (NET), I questioned argues “board confidence in the ongoing success”… but how confident can it really be?. Today a “Trading Update” – and the shares currently more than 10% lower on the back of it…

AFN
premium content

The Biggest Clown on AIM: Roland Fatty Cornish warns Brian Basham who quit last week that ADVFN might now have to sack him

It may well be that London’s worst Nomad, the Cambridge educated gourmand, Roland “Fatty” Cornish has, in between meals, invented a time machine. Or perhaps he is just not very bright but that the tutors at Pembroke College thought he was a jolly good fellow who had been to the right school and that the College VIII needed a bit of ballast in the middle? I shall leave you to decide.

Bearcast
premium content

Tom Winnifrith Photo Bearcast: For £1000 a day I will give Roland Fatty Cornish a crash course on the AIM Rulebook

In today's photo bearcast I discuss ADVFN (AFN) and London's worst and fattest Nomad, Optibiotix (OPTI), Plutus Powergen (PPG), Dods (DODS), Tissue Regenix (TRX) and Sosandar (SOS) whose antics are enough to turn a man to drink.

ORPH
premium content

Open Orphan- £5m placing at premium to current share price is set to be oversubscribed it says

Well that is not something you don’t see on AIM every day. My share tip of the year at 4.6p to buy on January 1, Open Orphan (ORPH) now sees its shares, which I own some of, trading at 6.45-6.5p. But the excitement is only now starting –  the company is now saying that a £5 million placing at a premium to today's share price  looks set to be heavily oversubscribed. Let me explain what happens next.

TRX

Tissue Regenix – “Trading Update” from this former Woodford pick, so natch…

“Trading Update” from Woodford stock Tissue Regenix (TRX) – and the shares currently around 1.40p, down (natch!) approaching 20%...

TED
premium content

Ted Baker admits to more accounting fraud – don’t be a frog consider the longer-term trends

The announcement today by Ted Baker (TED) that inventory was overstated by £58 million as of 31 January 2019, an overstatement of over a third of the revised number, was also materially higher than Board’s original estimate of £20 to £25 million will raise the usual questions about boards and auditors.  It also raises the question of what can the ordinary investor should do to protect themselves.

JDW
premium content

#BoycottWetherspoons fails again: strong trading update and heroic Tim Martin lets rip on woke failures & parasites once more

The #BoycottWetherspoons campaign by remaoning  Brexit haters continues to fail. For the first 12 weeks of the second quarter to 19 January 2020, like-for-like sales increased by 4.7% and total sales by 4.2%.  Take that snowflakes, stick that and your copy of today’s Guardian where the sun don’t shine.  Heroic Wetherspoon (JDW) boss Tim Martin once again did not hold back on a range of matters in the accompanying statement lambasting among others the BBC, CBI and the corporate governance bores run by a Marxist, PIRC. The great man opines thus:

Newsboy
premium content

Same old, same old at Sage, Sainsbury, Burberry & WH Smith

A busy earnings Wednesday, so let us dive in…

AAU

Ariana – Tavsan resource sampling sees shares motor on up: time to trim again?

AIM-listed Turkish gold miner Ariana (AAU) has delivered a strong set of drilling results from its 50% owned (via a joint venture) Tavsan prospect, part of the Red Rabbit gold project which is feeding its plant at Kizitepe. The good news seems to keep on flowing and the shares – just 1.5p a year ago and having bottomed out at just 1.1p in October 2018 – are now doing battle with the 3p mark.

AFC
premium content

AFC Energy – new idea, same crap; 'H PowerTM'. SELL

After 12 years and 9 months on the AIM market doing what almost appears to be random things with fuel cells other than burn cash, AFC Energy (AFC) showcased its latest product - the H PowerTM Electric Vehicle (EV) charger - to retail investors back in December. This is clearly delivery of the IPO statement “The Company has a sole focus on producing commercially viable fuel cells”, or perhaps not – over 12 years to achieve no material sales?! Given the lack of success of its prior commercialisation ideas, and more importantly the operating costs associated with its latest ideas, I do not foresee a wonderfully wealthy future for shareholders. In fact I see nothing positive at all...

BRGE

A Good Day (and Year) for BlackRock Makes Me Glad I Hold Its Greater Europe Shares

Hello Share Twiddlers. The great thing about a Footsie tinkering with record highs is that most boats float with a rising tide. This means that you can check on the share price of a sleeper in your portfolio and probably earn a nice surprise. This has happened to me with the BlackRock Greater Europe Investment Trust (BRGE)...

LEK
premium content

Lekoil – agreement to kick funding obligations a bit down the road after ‘fake sheikhs’ scandal

Previously writing on Lekoil (LEK), it was updates at 6:04pm… the sheikhs indeed fakes! Another massive scandal on AIM. Now it’s an intra-day, 2:29pm, “OPL 310 Project Update”

CNS

Corero – argues recent fund raise “providing the funding required to execute on the company's growth plans”. Does it?...

Corero Network Security (CNS) has updated with CEO Ashley Stephenson emphasising “our strong order momentum in the second half of 2019, combined with our higher levels of recurring revenue and strong new business pipeline, provide Corero with solid foundations for 2020”. The shares have currently responded higher, towards 6p but that still compares to more than 12p at the start of 2019…

JOUL
premium content

Joules - despite the January shocker - can still be a jewel

Suffice to say my observation back in June that Joules (JOUL) was a retail 'jewel' did not survive the Christmas trading season very well. You live and learn though and the shabby update from a few weeks ago centred on a ‘disappointing online sales performance due to an internally generated stock availability issue through the important end of season sale event, the cause of which has now been addressed’. And why? ‘Stock availability issue’. Goodness...that sounds so M&S (MKS)-like from a couple of years ago...

Bearcast
premium content

Tom Winnifrith Bearcast: Both ADVFN & Versarien forced to fess up thanks directly to my actions

Both Versarien (VRS) and ADVFN (AFN) have been forced to issue major 'fess ups today directly as a result of my actions. I explain how both cases show just why AIM is not working at all, naming names why the Nomad system is failing you all and what happens next. And yes it is a day of fecking triumph for me and this website.

LWRF

LightwaveRF – I having reminded just yesterday results to likely show quite desperate financial times…

Having updated on latest quarter trading yesterday and stated that it “expects shortly to release its audited final results for the year ended 30 September 2019”, now “LightwaveRF plc (LWRF), the leading smart home solutions provider, is pleased to announce its audited final results for the year ended 30 September 2019”. Didn’t it know yesterday the “shortly” was going to be today?!...

VRS
premium content

Yet again Versarien forced by the Sheriff of AIM to ‘fess up to misleading investors & the love that dare not speak its name

In May of last year uber ramp Versarien (VRS) proudly announced a major US move. Unfortunately what it said was grossly deceptive and after I wrote to AIM Regulation last week it has today been forced to ‘fess up to this. Neill Ricketts is increasingly like the naughty boy sat outside the headmaster’s study almost every lunchtime hoping it is just another beating not a letter to his parents saying he must leave the school in disgrace.

OPTI
premium content

Optibiotix: I've bought more shares after badly written trading statement

If a trading statement needs explaining then it is badly written. Yet again Optibiotix (OPTI) stands accused of that. I really think the company should fire its PR PDQ. Frankly I could, and would, do a better job. As a result of a badly written release, folks are accusing boss Steve O’Hara of lying. He has not. Amid the confusion the shares have slipped to 50-52p. I have taken the chance to buy some more...

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: 18:34:23