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Collapsing-Reactor
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Redemptions Watch: Neil Woodford’s Income Focus – half a step forward, two back; when does WIM become non-viable?

This morning’s data from Morningstar shows that yesterday Neil Woodford’s Income Focus Fund put on 0.08% of NAV per unit. That should have increased the total fund marginally from £287.2 million to £287.4 million before redemptions hit...

FOX

Fox Marble – acquisitions dispute escalates, Malesheva quarry operations suspended

Updating on Fox Marble (FOX) last month we noted enforceability of acquisition agreements challenged – though it believing the claims to be wholly unfounded. It now re-emphasises this “based on legal advice”, though “has suspended operations in its Malesheva quarry in Kosovo pending a resolution to the dispute”

TILS

Take a Peek at this Battler Against Liver Cancer - It's Just Reported Encouraging Results

Hello, Share Schemers. Some of us have a warm feeling when we invest in a company which hopes to push back the onslaught of awful conditions like cancer. But it helps if the medical pioneer has a treatment under review which may have a good chance of working. So may I bring to your attention a company on both AIM and the Nasdaq...

CNA
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Centrica – a dividend cut? Then give back the bonuses and pay rises, Mr Conn.

I commented HERE some three months ago that fully-listed Centrica (CNA) bosses seemed to be helping themselves to big piggy pay-rises and bonuses ahead of chopping the dividend. Well here we are: the papers are full of stories that the payout it indeed now to be hacked.

Bearcast
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Tom Winnifrith Bearcast: Recorded on an Edwardian eco-loo chair in a barn

I explain the unusual location of my studio today. The welsh hovel is amok with workmen including Brokerman Dan who has explained to me his thoughts on Union Jack Oil (UJO) as he clears away asbestos. I also look at IQE (IQE) and at Idox (IDOX) both of which SHOULD have placings and neither of which I'd bottom fish.

RKH
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Rockhopper Exploration – Is the Sea Lion development going to happen?

So often I have heard mention of the Falkland basin and it being written off. With much promise over many years, but little tangible return so far, I can understand much of the negativity. Many oil assets takes far long than hoped to see projects move forward to production, and that has certainly been the case for Rockhopper Exploration’s (RKH) Sealion project as Gary Newman noted last December, but I can see light at the end of the tunnel.

CAR

Carclo – results delayed again; now it’s “hopes” to avoid shares suspension!

Shares in Carclo (CAR) are currently more than 5% higher on the day on the back of “Update and timing of results announcement” news. However, the current 13.5p share price compares to 20.5p when I cautioned earlier this month (and around 140p when I first warned here)…

Gold

Gold is currently at a historical low & Netflix is the canary in the coalmine

Netflix shook markets in the week in what can only be described as a wake up and smell the coffee moment...

WPCT
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Neil Woodford’s WPCT and Equity Income Fund – about that transfer of Atom Bank & the missing links

Call me a total pedant, but a question seems to arise over the transfer of shares in Atom Bank from Neil Woodford’s Equity Income Fund (WEIF) to Woodford Patient capital Trust (WPCT) as announced on 1 March 2019.

IQE

Reader Poll: IQE appoints new Nomad and broker so what price is the bailout placing?

We warned you two days before the most recent profits warning from IQE that one was on the way, HERE,  and when it arrived it meant that the company was a slam dunk cert to need a bailout placing. Today we discover that Canaccord has been axed as Nomad and replaced by Peel Hunt while Citigroup joins the party as co broker. This can only mean one thing, that bailout placing is imminent. So with the shares at 52.4p on Friday (and overvalued at that) at what price do you think the placing will be at? Vote below with a deadline of midnight tonight.

JIM

Jarvis Can Be Cocker About its Results and the Future could Be Bright

Hello Share Twirlers. One of the many consequences of the collapse of Beaufort Securities is that I had to find several other brokers. I needed to spread my shares around without falling foul of the FCA’s rather modest cut-off limit for compensation should a broker hit the skids. One of the companies I chose was Jarvis Securities (JIM)...

Professor

Sunday Long Reads: Brand new apple (not the company), Dot Com Don, Sonny Liston, Conjoined Twins, French Cusine

Is there anything better than sitting back and reading a well-written article on a lazy Sunday? Every week ShareProphets features some long form journalism that you'll find of interest. Grab your cuppa and enjoy these five articles.   

Bearcast
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Tom Winnifrith Bearcast: WPCT directors find their hand forced and cover their arse's on Atom

My voice recovered a bit and so I squeeze out a bearcast covering all developments Neil Woodford including the fury of a lapdog journalist scorned (Jeff PressTrip) but also the awful problems WPCT faces as shown by the Atom Bank news. Put simply, a hopelessly compromised board cannot save this ship.

HDY
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Im not a fan of shares in cash shells, but Hardy Oil could offer future speculative value

Hardy Oil and Gas (HDY) has been getting a bit of attention recently with news of a deal to sell all of its assets, which was then followed by a higher priced bid from another party.

Piers
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EXCLUSIVE: Shamed Dragon's Den flop Piers Linney of Outsourcery infamy wants to teach you how to create a winning business!

What next? Boris Johnson running courses on marital fidelity, Bill Clinton lecturing us on women's rights with his pal Jeff Epstein? i despair. Anyhow, former BBC media darling, Dragon's Den flop Piers Linney claimed to be worth £100 million despite the string of business failures we exposed here. At AIM Casino listed Outsourcery, which we relentlessly called out by myself as a POS and which went bust, Linney burned through £21 million of other folks cash. Now, as you can see below, he wants your cash to teach you about how to start and grow a business. Whatever....

MSMN
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Mosman Oil and Gas – A most impressive track record of crap investments. Sell

One of my first material engagements with ShareProphets was occasioned by Mosman Oil and Gas (MSMN) back in 2016. Tom Winnifrith reported on a letter sent to the FCA about Mosman telling porkies about contingent resources Mosman did not have - the company had no choice but to fess up as Tom noted here. Yep – I wrote that letter. I monitor what I call my Crap Quartet of stellar oily investment cases and Mosman is a cornerstone member by clear merit.

MTRO
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Weekend non-shocker: Metro Bank and St James's Place keep shooting themselves in the foot

I can tell you two sets of PR advisers who are having a nightmare Sunday morning: anyone involved in running the Metro Bank (MTRO) and the St James's Place (STJ) accounts.  Still - via reading this website over the last few months - neither of the PR nightmares will have come as a shock to all you readers.

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