I suggested selling Thomas Cook (TCG) back in May at 13p and at 5p today the company is still valued at £75 million. Given Friday’s announcement of the inevitable debt for equity swap, which “is not the outcome any of us wanted for our shareholders”, this is still far too high as will become apparent when the details are released...

This morning’s data from Morningstar shows that Neil Woodford's Income Focus Fund dropped 0.29% in NAV per unit on the first trading day of this week.

Hello, Share Travellers. Though the Footsie is moving up, there’s scant news to keep things bubbling along even faster. As usual, at this time of year, more traders are on hols with their kids and volumes go down. So by way of a change, may I bring to your attention a gold explorer in Australia. Sounds risky - and of course it jolly well is...

An “Update re. Interbit Ltd” has now followed an “Update re. Vibe Group Holdings Limited” and “Update re. WeShop Limited” from Vela Technologies (VELA)…

Edinburgh Woollen Mill Group owner Philip Day’s Spectre Holdings has updated on Bonmarché (BON) – including of “valid acceptances under the offer, in respect of a total of 46,524,803 Bonmarché shares, representing approximately 93.0 per cent. of the existing issued ordinary share capital of Bonmarché”…

In today's bearcast I look forward to the new show on Wednesday which will be half recorded by the end of today. I cover Mortice (MORT) a tale of shareholder woe friom the AIM Cesspit, Kier (KIE), Dev Clever (DEV), Anglo African Oil & Gas (SCUM), Premier Technical Services Group (PTSG) and Mobile Streams (MOS), where I study what happens to cashflow when a company is near to death and the red flag gaps in today's trading statement.

Mobile Streams (MOS) has updated including in Argentina “the board are now looking to renew commercial activities with previous customers” and “in Mexico, actions have been taken in order to re-launch the commercial operation with Telcel, the largest carrier in Mexico”. However…

Rose Petroleum (ROSE) has had a rather interesting year so far in bringing in new capital and senior management. RNS statements caused real concern earlier this year, as Tom noted. What caught my eye was just how close the company came to having David Sefton and James Berwick sat on the board. As Tom discusses today, given what has happened at Anglo African Oil and Gas (AAOG) it is perhaps very fortunate for Rose shareholders this plan fell apart!

There is a new RNS out today which begs massive questions which the company refuses to answer. And there is still the matter of the placing at 5.2p and more questions about whether Anglo African Oil & Gas (AAOG) will get that away in light of what it claimed on Friday. This stock is now utterly toxic and uninvestable at 4p. Enjoy.

I asked back in January whether GlaxoSmithKline (GSK) wanted a 'yes man' new chair in order to push through the CEO's plan to split the business (and pursue some expensive-sounding deals on the consumer side). The share has pushed up a pound or so since then, so the lack of clarity on this question has not been a huge issue overhanging the stock but we have a little bit more insight on this issue - with reports that the company is close to hiring Jonathan Symonds, a real pharma sector insider with experience at AstraZeneca (AZN) and Novartis among others…

The other day the Leeds office of PWC was fined heavily and slammed by the FRC for professional negligence in the case of not spotting accounting fraud at Redcentric (RCN). It was the second such notice in two years for PWC Leeds and the office is on a warning. Thus I am sorry to say but it is in the soup again over the massive undeclared payments going, over many years, to the CEO of Premier Technical Services Group (PTSG), Mr Paul Teasdale, which I exposed in full on Saturday HERE. Now here is why PWC is in the soup…

A number of seasoned professional (as detailed here over the many past weeks) feel markets are ripe for a sudden and painful rollover in bonds and stocks. My assessment is that the likely trigger for a market shock will be a “no-see-em”, something so obviously hidden in plain sight it catches us completely and painfully...

Hello Share Crumplers. There is real anxiety in the business world about cybersecurity. Especially as the company which owns British Airways has been fined a staggering £183 million over hackers raiding its files. That seems to be a bit unfair, as these varlets seem to be one step ahead these days. It’s because of a change of law which has turned small fines for this kind of thing into huge ones.

A “Q2 2019 Operational Update” from KEFI Minerals (KEFI) includes on its key Tulu Kapi gold project in Ethiopia that recent incidents have “necessitated the activation of strong measures and checks at site before commencement of resettlement activities along with the commissioning of an updated independent security report prior to the equity closing and then the triggering of community resettlement” but also “KEFI remains confident that the evaluation will not have changed from similar previous independent assessments and that the project equity closings can complete this quarter and the overall project timeline will remain unaffected”…

What the hell is happening at Berekely Energia (BKY)? A “Strategy and Management Changes” announcement from Berkeley sees the shares currently slightly lower below 19p, albeit still up from sub 10p at the beginning of this year…

If legal action is being taken against a listed company you would expect that it would inform shareholders to be informed immediately, so I was more than a little surprised that it took Nu-Oil and Gas (NUOG) more than two weeks to inform the markets of a claim against it.

I reflect on a week of triumphs with regard to lawyer's letters, Anglo African Oil & Gas (AAOG) and TrakM8 (TRAK) and revisit St James House run by Lord Razzall and its quite utterly ludicrous accounts which need major restatements.

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.   

Today happens to be one of my favourite Sunday's of the whole year with the twin pleasures of flicking between watching the British Grand Prix and the Tour de France on TV awaiting this afternoon.  However it is always correct to put duty before pleasure, first a few investment related thoughts on another Sunday occupation for many people out there: the visit to a DIY store. 

Having spent the week in Canada, I was tempted to put up another Visual Capitalist chart about Cannabis, but the latest one was clearly sponsored and had a logo all over it. We at ShareProphets are purer than that.