A month or so ago I wrote about Watches of Switzerland (WOSG), observing that 'if I owned shares in this one, I would be calling time on them'. Admittedly, that was a terrible witticism but you get the general investment view. If you plan on offering a premium product then you have to accept the fluctuations of the cycle…

In this fourth edition of the ShareProphets Radio podcast sponsored by Riverfort Global Capital, this week, in order I discuss bad convertible loan/death spiral funding looking at the recent RNS from Kefi (KEFI), I interview David Bramhill of Union Jack Oil (UJO) and then bring you part one of two part interview with the greatest living and funniest fraudster Sam Antar of Crazy Eddie's infamy. Enjoy. If you like this and can't wait seven days for more of the same you should listen to my Bearcast every day.

Shares in sensor systems company Transense Technologies (TRT) are currently more than 15% higher, above 70p, on the back of a “Joint Collaboration Agreement with Bridgestone” announcement…

Just to show that bears can tell jokes, here's a Burford (BUR) tweet from Matt Earl. the Dark Destroyer.

Shares in stockbroker Cenkos Securities (CNKS) are currently up to around 40p, though down from more than 46p at the end of last week. This following a Monday intra-day (3:02pm) “Directorate Change & Trading Update”…

ShareProphets favourite technical analyst Jordan Roy-Byrne has been a bit of a hero over the last few months, correctly calling the gold price higher and higher. But he seems to be getting a little nervous as the yellow metal continues its surge towards $1550 per ounce...

Bear raider Carson Block and his Muddy Waters outfit have hit back hard at the Burford (BUR) rebuttal of his original dossier. Carsons says allegations of market abuse are a smear and part of the nornmal target company playbook and he'd be delighted to assist the FCA. On the substantive points in the original dossier Carson says the Burford rebuttals don't wash. This is a very good response by Block and appears pretty compelling to me. The full rebuttal of the rebuttal is below:

Another mucky day on the markets saw all of Neil Woodford’s motley crew reporting losses. But whilst the FTSE100 dropped 0.4%, Woodford Equity Income (WEIF) lost 0.47% in NAV per unit and his Income Focus Fund (WIFF) shed 0.55%. It seems that outperformance is the order of the day, although not the outperformance his poor investors were hoping for...

Hello Share Punters. From time to time, I’ve opined that Tullow Oil (TLW) has perhaps been treated too harshly by the city. But then almost all but the biggest oilers have been tainted by the big oil crash of 5 or 6 years ago. At one stage, I was up about 300% on my long-standing Tullow holding, but after the crash I was back to par. And the shares haven't done much better since. Never mind, things are bucking up as it's just announced a very positive result for a major exploration in Guyana. Well, just off its coast, actually...

Neil Woodford’s revolutionary bed project at AIM-listed Eve Sleep (EVE) took an unusual turn as the company announced this morning that it is in very early stage discussions regarding the potential merger of Simba Ltd, ("Simba"). I’m confused – I thought the company was called “Simba Sleep Limited”. Some people might see this as a triumph for Neil Woodford, but I think very differently...

Self-styled “leading provider of outsourced digital transformation and mobile payment solutions” Mi-Pay Group (MPAY) has updated including “trading for the first half of 2019 was broadly in line with management's expectations… two major contracts were renewed with clients representing 43% of the 2018 revenue during the period and strong operational metrics were delivered”… The shares are currently approaching 20% lower, below 8p. Hmmm…

Taking risks on exploration drills is generally a mugs game and a good way to lose money quickly, but just very so often if you choose carefully, it can really pay off. That was definitely the case with Eco Atlantic Oil and Gas (ECO) this morning when it announced a “major oil discovery” at the Orinduik block in offshore Guyana, when the Jethro-1 drill found 55 meters of net high quality oil pay in the lower tertiary sandstones...

Writing last week on Feedback plc (FDBK), I concluded with the combination of the noted financials, Bleepa still in development (i.e. very much yet to be “revolutionising clinical messaging”!) and a market cap of sub £5 million, meaning it at best looking like discounted placing ahoy, currently natch avoid / sell. Now “Proposed placing and subscription to raise £2m”…

In today's (long) bearcast I look at Burford (BUR) asking questions of bulls and bears, at Thomas Cook (TCG), surely a slam dunk short at 8p, at Cabot Energy (TOAST), ADM Energy (ADME) and finally at Seedrs where the PR bird is trying to bully me into publishing a falsehood. She is picking on the wrong man. maybe she confuses me with the spineless financial illiterates and PR cocksuckers at the deadwood press?

Goldplat (GDP) has updated including “we delivered continued profitable production in South Africa during the quarter and achieved substantial savings by putting Kilimapesa under care and maintenance. In the next quarter we aim to accelerate the progress of growing the greater West African market”…

Previously writing on Maestrano Group (MNO), in May it was intra-day (10:36am) “Trading Update”… having listed less than a year ago, not again surely!.... Now another intra-day (9:40am) such update… not again surely!...

It’s incredible that investors in ultra-long bonds (100 years) are desperately chasing such short-term returns! But that’s the world we inhabit for now – short-term is everything, while we neglect the long-term...

Those of you with an interest - or recollection - of late 1970s UK political advertising will understand the allusion made in the title. The reality is however that M&C Saatchi (SAA) has just come out with a downright worrisome statement which even its spinning and marketing skills are going to have to work overtime to counter...

Hello, Share Speeders. It may have a clumsy company name, but Activision Blizzard (0H8X) might be worth looking at if you think the world of electronic gaming can become even bigger. Though that would be saying something as the amount spent during 2019 is expected to reach nearly $150 billion. That’s right, I said $150 billion!...

In today's bearcast I discuss Luke Johnson and British and American cultural attitudes to a career setback. Then I see how the deadwood press think that appointing Alison Rose as the new Biggest Swinging Dick at RBS will end its macho culture. It really is so much hogwash.