On the face of it the latest gap higher for shares of Conroy Gold is merely another flash in the pan rebound amidst the ongoing decline from the beginning of 2011. However, since the autumn we have at least four powerful buy triggers which suggest that a lasting turnaround may be upon us.
Following a visit to Sierra Leone Northland capital has initiated its coverage of AIM Listed Sula Iron & Gold (SULA) in a detailed note published today.
Cupid shares are off again today at 52p. There are some folks who blather on about the yield of almost 6% and the strong cash balance. But what exactly is the cash balance? And is the dividend sustainable? Well let’s do some sums.
On May 23rd Nighthawk Energy shares were trading at 4.89p and having gapped up through their 200 day moving average were given a 7p target. A couple of weeks on and we have a fresh gap and a new upside target of as high as 9p.
Away from the Downing Street Cesspit to the AIM Cesspit, Arian Silver (AGQ) which is also TSX listed has served up another classic statement as it yet again tapped its death spiral facility with YA Global – this time raising £216,000 at 5.0199p. Oh dear what bullshit.
The Centrica (CNA) narrative does not read like a John le Carrier novel. But its story has to be understood and explained if for no other the reason than it is a significant provider of high dividend yield income in the age of quantitative easing, low interest rates and low annuity rates.
When it was suggested that SolGold could double from 4.2p on May 20th by the end of June, there was an outside hope that this could be achieved by the end of May. But of course, it always pays to be conservative in the big, bad, world of mining stocks…
AIM-listed developer and supplier of payment and loyalty systems, Universe Group (UNG) has announced an acquisition it expects to be immediately earnings-enhancing.
On April 23 Frontera Resources were called two double on a three month view here on ShareProphets - they were then standing at 0.92p.
Equities are my bag but I start with bonds. They are a bubble asset class. The bubble will burst. Warren Buffett is correct.
Range Resources (RRL) today announced that its associate, Citation Resources, in which it has 24% indirect interest, has reported the results of its well test on the Atzam #4 well.
Environmental products company Straight plc (STT) has announced it “has successfully refinanced its existing facilities in a three year financing agreement, that will expand working capital facilities to fund future growth”, adding that “we look forward to further updating the market at the preliminary results”.
Condor Gold has announced the results from the latest metallurgical tests on ore samples from its 2.4Moz La India gold project in Nicaragua.
VSA Resources has initiated its coverage of Palm Oil producer REA Holdings (RE.) at 399p with a detailed 20 page note explaining why the shares should be at 500p.
Shares in AIM-listed identity technology company GB Group (GBG) have been strong performers since 2009 lows of 16p and having traded below 60p as recently as May 2012, they currently trade at 97p – capitalising the company at £105.5 million. This follows results, released today, for the year ended 31st March 2013…
Even if I live to be 99 I may still be asking why there was a need to question ask the question “Range Resources: A Buy Under 3p?”
It would appear that the name of the game as far as speculating successfully in the small/minnow area is to be able to time correctly when a company such as Magnolia Petroleum will deliver the second leg of a recent spike in the share price.
Bull and bear traps are very often the bread-and-butter of charting techniques, especially given the way that most traders when wrong footed will not then reverse the position and benefit from price action they may have lost money on.
The 200 day moving average is traditionally the benchmark as far as determining the trend for stock or market. Therefore as far as Extract Energy is concerned at the moment, its first break of the 200 day line 2 years has to be regarded as a significant technical watershed.
One of the more difficult challenges as far as stocks or markets are concerned is to call time on an extended bear run. In the case of ECR Minerals it can be seen that there has been an extended drift since the through last summer's double top through the 0.8p level.
The May edition of the UK Investor Show Magazine is live featuring three share tips from Gary Newman, the Greek meltown is worse than everyone thinks, and the EU is not fit for purpose plus a photofeature from the 2017 UK Investor Show.
The nauseating Mail on Sunday fawned upon Pippa Middleton and her ghastly family as they celebrated the "wedding of the Year". Bring on the revolution! But perhaps the real wedding of the year should be between our two very own in-house Bulletin Board Morons GrannySnuffs & Wildes who seem made for each other. can you find examples on the LSE Asylum, iii, ADVFN or twitter of comments more idiotic than those of our own dream team? If so post in the comments section below, the deadline is midnight Sunday 28th May.
An “Update on Serious Fraud Office Investigation and Board Change” announcement from Petrofac (PFC) sees the shares currently crashing further in response...
So why did disgraced Roger "Ramper" lawson finally leave ShareSoc? Oddly the campaigning group has yet to make a statement on the sudden departure of shamed Lawson. Was he caught using the ShareSoc twitter account to send vile messages to settle personal scores again? Was he caught ramping frauds and other shares in which he had undisclosed holdings again? Was he caught smearing fraud busters whose activities hurt his portfolio again? er ...no.
Four times in the past three or four months we have advised our readers to bank big gains on shares we tipped - the one before the one before last was a 77% profit (offer to bid ) in just 12 days. But though we target quick gains, most tips take rather longer to make money for our readers. take Falanx (FLX) we tipped it last year at a 4.75p offer - it is a solid cashed up fast growing cyber security play. We like it so much we own a few shares too but won't be selling any of them till after our readers bank big gains. The shares are now 9.5p -10p! That is a potential 100% offer to bid profit!
I am innundated with lunatics and spivs tweeting me that shares in PCG Entertainment (PCGE) are cheap. It is the ramp de jour among the Bulletin Board lunatics. But at 0.15p the valuation is bonkers. Let me explain.
A chap for whom I have some time some of the time asked me why bother sticking it to Arian Silver (AGQ), a worthless piece of crap on AIM. Will it make any difference to the charade, to the game which sees userless tossers like Arian's CEO Jim Williams get ever richer, crony capitalists earn fat fees and investors get buggered again and again and again. No. My writings won't change that. And the chap is right in that it will just make a few more pathetic wretches who would rather lose money than accept the truth hate me. Yup. He is right.
Kefi Minerals (KEFI) has published a new DFS ( Definitive Feasibility Study) for the Tulu Kapi project - its first since 2015 and its last before it completes its financing needs and heads towards the construction of an open pit gold mine in Ethiopia.
Oh dear, this has all the makings of another AIM disaster for my good friend the offshore based asset stripper Jim Mellon. But look on the bright side Jim, you have probably lost far more of your wealth with HK dog Regent Pacific, whose shares continue to tank in an alarming fashion. Anyhow, back to the home grown disaster stories. Shares in Billing Services (BILL) are down again today to 2.875p valuing this company at £8.1 million. that looks awfully generous.
Amryt Pharma (AMYT) held its AGM yesterday and the statement seems to hint that forecasts are going to have to be raised. It is a very bullish statement indeed. The company states:
Having recently concluded on Proxama (PROX), the explicit inclusion of “should it require further working capital” suggests to me it very much will, I note an announcement today that the company “is pleased to announce four revenue generating contracts for its Proximity Marketing and Data Division”. “Revenue generating” rather than any useful financial information hey? And an ‘RNS Reach’ (i.e. not regulatorily significant) announcement hey? Ramptastic!...
Hello Share Swillers. Apparently we all like the idea of our waste not being wasted. Most of us religiously sort our recyclable rubbish from the non-recyclable into the correct bags and containers. And it’s this liking for not wasting our waste which a company called Biffa (BIFF) thrives upon.
You really do have to feel sorry for Cynical Bear. One minute he has a fully fit squad to choose from and then one by one they drop like flies, either with fitness issues or just simply keel over. I’d been getting a bit concerned that he’d struggle to put out a full team, but out of the blue there is good news for him. No need to turn to the back pages of the tabloid press for the big stories of sporting drama, we have it all here at ShareProphets: AIM-listed Servision (SEV) is to put in a transfer request.
November 72p offer price share tip, Sanderson Group (SND) has announced results for its half year ended 31st March 2017 and that it has “a good level of confidence that the group will continue to make further progress and deliver trading results in line with market expectations for the current year”.
A “Placing to raise £3.74 million” announcement from Plastics Capital (PLA), including to enable it “to satisfy increasing demand for the group's products and thereby accelerate organic growth”. With also a relatively limited 4.5% discount to the prior 122.5p closing share price, sounds reasonable enough. But what’s that? It is to “be augmented by the decision of the board to suspend dividend payments for at least the next two scheduled payments”. Hmmm...
An “AGM Statement” announcement from Portmeirion Group (PMP) commences that “total group sales are up 26% for the four months ended 30 April 2017 relative to the same period last year” and includes “pleasing performance of the company to April 2017”. Sounds encouraging…
Fleet and passenger systems company 21st Century Technology (C21) has, tardily, announced results for the 2016 calendar year, though with CEO Russ Singleton emphasising “we made real strides last year with major framework renewals, organisational restructuring and innovative new sales”. Sounds promising. However...
Together Robert Sutherland Smith and Tom Winnifrith have now been working in finance for 71 years - the last ten or so together. Tom wishes to stress that RSS accounts for most of that, the great value investor starting his City career at the Unilever Pension Fund the year before Tom was born. In this book they outline 71 tricks of the trade for making money from shares.
Get the first ShareProphets Pocket Guide ebook, EIS - Buying shares with numerous tax breaks. Want to cut your income tax bill, get loss relief if your AIM listed shares go down, pay no CGT, avoid IHT - EIS could be the way and this book explains how.
Most investment books seem to be large enough to keep the front door open and while some contain gems it is hard to find them amid the verbiage. The aim here is to produce a short guide which simply cuts to the chase. I hope that it will provide food for thought for everyone from beginner to expert but whoever you are it should be quick and easy to read and digest.
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