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Are you a Bidstack owning moron seeking the company of like minded morons?
Tired of Bulletin Boards where, just now and again, someone dares to point out inconvenient truths like the fact that CEO James Draper is a liar and the fact that the company needs a bailout placing within months? Would you rather discuss with like minded souls whether you will invest your Bidstack (BIDS) derived millions in a fleet of Porsches orf a fleet of Ferraris? Fear not! Here is the answer, a bear free paradise for you and your fellow morons to tell lies to each other and say how wonderful the latest podcast with Justin the Clown Waite was. Fear not, bears will not be permitted to join and spoil your paradise. Fabbo.Hat tip BC.
- By Tom Winnifrith |
- 15 February 2020, 11:32 |
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Filthy Forty Walcom – six days to the fat lady. Why is this not suspended?
The forecast death of ShareProphets AIM-China Filthy Forty play Walcom (WALG) seems to be stretching out long enough for your average Wagnerian opera. But yesterday the company announced that the fat lady is, at last, on her way.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 15 February 2020, 11:31 |
Table of shorted AIM shares - week to 14/02/2020
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...
- By Steve Moore |
- 15 February 2020, 11:30 |
Iconic Labs – finally corrects its maths….it’s only taken a week! Still a screaming sell.
Further to my article last weekend which pointed out that someone at former David Sefton outfit Iconic Labs (ICON) couldn’t add up with reference to its RNS of 4.08pm on Friday 7 February (no-one-is-watching o’clock) announcing a capital reorganisation, a week later the company finally got around to correcting it…….at no-one-is-watching o’clock (4.09pm) yesterday. Perhaps yesterday’s crony capitalist lunch at shareholders’ expense was alcohol-free.
- By Nigel Somerville |
- 15 February 2020, 11:29 |
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NMC – shocker, and the read-across to Finablr is too.
Fully-listed NMC Health (NMC), under a short attack by Muddy Waters, has updated on the shenanigans of the holdings of founder Dr Shetty and those of Khalifa Bin Butti and His Excellency Saeed Bin Butti and associated companies. It seems that a stack of shares were indeed pledged and have been sold as enforcement of security. Oh dear, oh dear – I wonder what the chocolate teapots round at the FCA will make of this, especially as it sounds as though the Bin Buttis has their shares pledged and sold without their knowledge. And then there is the read-across to Finablr (FIN) which appears to be grappling with the same issues.
- By Nigel Somerville |
- 15 February 2020, 11:25 |
Share Shifters Like Us Are Often Obsessed with Money. But Why Waste Your Life?
- By Malcolm Stacey |
- 15 February 2020, 11:23 |
Video: Steve O'Hara of Optibiotix on Proactive
Okay it is paid for Proactive so this is not exactly Jeremy Paxman. There are no hard numbers on the big deals and that is no shock, we will have to wait for a formal half year trading statement for that ( or maybe sooner) but this is a confident showing. My numbers are HERE and the STRONG BUY stance is unchanged.
- By Tom Winnifrith |
- 14 February 2020, 14:08 |
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Versarien - William Battrick is the man to follow & the missing TR1
Who the hell is William Battrick you say? Easy, he was one of the founders of Versarien (VRS) and so knows the company better than most folks. Indeed William was a director up until 10 March 2016. In 2015 he helped ramp the shares, buying 54,000 at 17p to take his holding to 7.69 million shares, 7.3% of the then equity.
- By Tom Winnifrith |
- 14 February 2020, 13:38 |
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Tom Winnifrith Bearcast: the death of my great uncle David Cochrane & Virgina Woolf
I have been contacted by an elderly academic who has written up the events of Virginia Woolf's 1932 tour of Greece. She claims to have been in Delphi when they discovered the body of my great Uncle David Cochrane. I rather doubt it and discuss this a) because it fascinates me and b) to annoy No Gold. Then it is onto Predator Oil & Gas (PRD) - is it placing ahoy? Versarien (FRAUD), Eurasia (EUA), Ascent Resources (AST), Sound Energy (SOU) and James "Dracula" Parsons and finally uber dog Mosman (MSMN).
- By Tom Winnifrith |
- 14 February 2020, 12:39 |
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Letter to AIM Regulation – Versarien & Nike, time to put the boot in
Yet again shares in Versarien (VRS) have risen on a rumour which appears to come from the company itself. Once again there is a false market and so once again I have written to AIM Regulation urging it to force the company to come clean.
- By Tom Winnifrith, The Sheriff of AIM |
- 14 February 2020, 11:15 |
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Ascent Resources – the new James “Dracula” Parsons spoof, all the usual snouts in the trough
Shareholders in Sound Energy (SOU) have lost more than 95% of their cash thanks to the appalling ramping and hype and value destruction of just one man…James Parsons. The Sound fiasco would kill off the careers of most CEOs but Parsons is like Dracula, he leaves one rotting corpse behind moving to suck the financial blood from a fresh corporate. Today’s victim is Ascent Resources (AST).
- By Tom Winnifrith, The Sheriff of AIM |
- 14 February 2020, 10:37 |
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BREAKING: The Letter Matt Lofgran and Nostra Terra do NOT want shareholders to see
Yesterday another dog cursed by the hex that is a Gervais Williams investment, that is to say Nostra Terra Oil & Gas (NTOG), published details of a sack the board EGM and the management’s case for staying on. What, in a cowardly fashion, it refused to do, as I believe it should have done is publish the letter that the requisitioner, Eridge Capital run by flip flop Ben Turney, wanted to send to shareholders. Fear not… the letter, outside of all paywalls, is below. Nostra Terra shareholders should read it and vote to sack chairman Ewan Ainsworth - in light of the scandalous pay revelations below - and hapless Lofgran after this bombshell. Sack the board!
- By Tom Winnifrith |
- 14 February 2020, 09:35 |
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Goodbye RBS...hello NatWest (again)
Back when I was a callow youth about to start my undergraduate studies, the ritual of opening my first bank account (until then a Post Office savings account was my sole financial product interaction) provided a wonderful social insight. If I recall correctly, all the cool, well-heeled kids had accounts open for them at Barclays (BARC) or Lloyds (LLOY) as a continuation of their parental banking allegiances. I just went for the bank that offered me the most money as a joining inducement...and that happened to be NatWest… I read today in the latest quarterly thoughts from Royal Bank of Scotland (RBS) that this tainted name - courtesy of largesse a decade plus ago by 'Fred the Shred' and others - will change back to NatWest Group later this year...
- By Chris Bailey |
- 14 February 2020, 09:20 |
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OptiBiotix – LPLDL South America RNS & breaking news from H&B UK, Strong Buy
OptiBiotix Health (OPTI) has announced “a significant milestone” in extension of the use of its LPLDL probiotic strain into functional foods and its presence into South America. So what you say?...
- By Tom Winnifrith & Steve Moore |
- 14 February 2020, 09:00 |
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Ariana Resources – deal still on... but delayed for up to a month
AIM-listed Turkish gold-miner Ariana Resources (AAU) has announced that due diligence regarding its proposed part-sale of the Kiziltepe and Salinbas gold projects for $30 million is still underway, and that the parties have agreed a one month extension to complete due diligence. So the good news is that the deal is still on, but we will have to wait another month before it is confirmed (or not!)...
- By Nigel Somerville |
- 14 February 2020, 08:17 |
Worried about the Coronavirus stock market impact? Take a Look at this Golden Trio
Hello Share Takers. We’re all aware that the Chinese virus puts a damper on the stock market. Lately, it's been hard to spot any shares rising in value at all. But I have a golden trio of companies that have been rising, even when all around are falling. Allow me to remind you of those which are keeping my portfolio ahead...
- By Malcolm Stacey |
- 14 February 2020, 08:11 |
Flowtech Fluidpower – how confident can it really be of a return to growth in the second half & in 2021?
Previously writing on technical fluid power products company Flowtech Fluidpower (FLO), I noted indeed it wasn’t set for “another year of solid progress”! on a trading update for the year to 31st December 2019 as the shares fell towards 100p. They have fallen further since but are currently recovering above 100p on a “2019 Trading update & restructuring activities”. Hmmm – haven’t we already had this?...
- By Steve Moore |
- 13 February 2020, 16:30 |
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Tom Winnifrith Bearcast: Ian Smith you are in denial and Versarien tell us about the Nike "leak"
I start the podcast with my torture in trying to transfer a pension from the Daily Mail to my SIPP. It got so surreal this week but I might be making, expensive, progress. Then I look at how we often jump to easy conclusions when a share price falls. I am guilty of one such lazy jump. I refer to Versarien (VRS) and UK Oil & Gas (UKOG) in this section. I also have questions for Versarien and its hapless Nomad Bobbie Hilliam of Quindell infamy about the recent spike in its share price. Then I look at Bidstack (BIDS) and investors in denial and finally at Ian Smith and MXC Capital (MXCP) which is leaving the AIM Casino which is NOT what it should do. Smith is in denial too.
- By Tom Winnifrith |
- 13 February 2020, 16:30 |
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Accesso Technology – argues “Positive momentum with renewals and new contracts”… but it just ramptastic?…
A “Positive momentum with renewals and new contracts” announcement from Accesso Technology (ACSO) – and the shares in response currently approaching 12% higher, towards 500p…
- By Steve Moore |
- 13 February 2020, 14:36 |
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Bidstack car crash interview with Justin the Clown – Lyin' James Draper you cannot be serious
To come out of a paid for Vox Markets interview with Justin the Clown looking like you are utterly clueless takes some doing but Lyin’ James Draper of Bidstack (BIDS) managed just that yesterday. His refusal to deny the looming placing and cash crunch is just one highlight.
- By Tom Winnifrith |
- 13 February 2020, 12:00 |