ShareProphets

Sunday 25 June 2017 The one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares


2 May 2013, 17:42 | By Thierry Laguide |

Kingfisher: The rally can not be trusted

Shares in Kingfisher (KGF) have rallied strongly in the past few weeks .

2 May 2013, 17:34 | By Tom Winnifrith |

A Question for Sefton Resources


On 9th April AIM listed Sefton Resources (SER) issued an RNS in which it stated explicitly that March output data from its California field was 3,208 barrels (103 bopd) and that this data had been reported to DOGGR, The California State supervisor.

2 May 2013, 17:32 | By Steven Moore |

Stanley Gibbons - a stamp of approval as a long-term investment?

AIM-listed Stanley Gibbons (SGI) is a market leading stamps and collectibles business and brand. In a current economic environment of uncertainty, where safe yield is hard to find and with the internet facilitating accessibility, the company yesterday reported “continued strength of the global philatelic market” and “new high net worth collectors entering the market”.

2 May 2013, 17:30 | By Staff Writer |

Sefton Resources heading for sub 0.2p within months – Technical Analysis


The views of our esteemed colleague Tom Winnifrith on this company are well known. The outlook from a technical perspective is interesting, if not encouraging.

2 May 2013, 16:53 | By Zak Mir |

Gold Oil (GOO): Failed Gap Fill Implies Further Losses

While there may be worse charting situations than Gold Oil in the resources minnows area, even after the one year unwinding of the early 2012 spike, this stock would appear to be on the back foot.

2 May 2013, 14:40 | By Staff Writer |

Leni Gas & Oil New Debt facility: Broker Old Park Lane shares to soar from 1.06p to 3.1p


Leni Gas & Oil (LGO) has today announced a deal with Meridian SEZC through which Meridian will provide Leni with a debt facility of up to US$50m.

2 May 2013, 14:33 | By Zak Mir |

Iofina (IOF): Quadruple Technical Sell Triggers

It would appear that for differing reasons both Miers and Mir see downside at Iofina today.

2 May 2013, 12:02 | By Tom Winnifrith |

New weekly feature: The Most Ramped stocks on AIM

I offer no comment on this weekly feature it is a simple matter of observation.

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2 May 2013, 11:28 | By Lucian Miers |

Sell Iofina – no room for error

Amid the slow motion train wreck that is the AIM market, one stock has certainly bucked the trend. Since raising money at 37.5p less than a year ago Iofina PLC (IOF) has seen its share price rocket to 232p before settling back at today’s 190p. T

2 May 2013, 10:37 | By Zak Mir |

Sell Gulf Keystone (GKP) : The Desperado Update

Desperado was a great song by The Eagles, and although some 40 years old, could be the theme tune to the latest RNS from Gulf Keystone.

2 May 2013, 10:34 | By Steven Moore |

Goldplat – Buy

The recent particularly horrid sentiment towards the natural resources sector has – as noted in my recent piece on Archipelago Resources – impacted even the rare profitable and dividend-paying AIM-listed sector constituents.

2 May 2013, 10:13 | By Staff Writer |

Wolfson Microelectronics (195p) worth 250p says Peel Hunt


Wolfson Microelectronics (WLF) served up a Q1 trading statement on 30th April which seems to have pleased investors.

2 May 2013, 10:00 | By Staff Writer |

Quindell (13.75p) worth 40p on move to full list – Cenkos

Last week Quindell Portfolio (QPP) announced the acquisition of a 20 year old claims management company to help them meet accelerating demand as well as a significant contract with one of the UK’s largest direct insurers.

1 May 2013, 22:57 | By Robert Sutherland Smith |

Barclays: QI results show that the leopard has not changed its spots

Two seasons have arrived simultaneously: Spring, and the reporting season for Banks. The bank’s first quarter figures have been delivered along with some cheerful late arrived sunshine. In the real world of long delayed warmth and sun, things suddenly seem wonderfully natural and uncomplicated to the average, well adjusted, individual feeding his mossy lawn. Daffodils are daffodils and cherry blossom is cherry blossom. “Oh to be in England…etc.”

1 May 2013, 22:55 | By Robert Sutherland Smith |

Astra Zeneca: Q1 results suggest derating possible

With the first quarter’s results from Astra Zeneca (AZN) the curtain has gone up for the first act of what we all know will be a tough and difficult year; a stock market version of Gounod’s Faust but with a happier ending we trust. 

1 May 2013, 14:48 | By Brokerman Daniel |

Nostra Terra Oil & Gas – It gets better & better

Just when will investors realise how good the potential is for Nostra Terra Oil & Gas? (NTOG)

1 May 2013, 13:36 | By Tom Winnifrith |

The Bre-X Jimmy Savile Moment for AIM Resources stocks?

Right now resources stocks listed on the Cesspit AIM market have a sort of Freddy Starr status.

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1 May 2013, 12:48 | By Ross Norman of Sharps Pixley |

Could the Central Bank Actions Change the Gold-Backed ETP Outflows?

The U.S. Comex gold futures fell $122.70 and 7.69 percent in April, representing the largest sell-off in gold since December 2011 when the gold futures fell over $200 intra-month.

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1 May 2013, 11:28 | By Zak Mir |

Buy Afren (AFR): Back To 150p Again

A couple of months ago when Afren was trading near 150p and there was bid speculation in the air, I called the stock higher on technicals.

9 hours ago | By ShareProphets |

The June edition of the UK Investor Magazine is live - 5 share Tips, voting guide, and where to emigrate if the wrong party wins

The June edition of the UK Investor Show Magazine is live featuring three resource shares to buy,  two more share tips, a voting guide for investors, and where to emigrate if the wrong party wins a special offer expiring on June 14 and much more.

 
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6 days ago | By Malcolm Stacey |

New Insurer on the Block Conquers Growing Market for Brits Abroad

Hello Share Bottlers. You may, or may not, have noticed that I currently favour insurance companies. And following my own advice for once, I am now sitting on cracking profits on two of the biggest, Legal & General (LGEN) and RSA (RSA). I would still commend both these entities to your further inspection. However, I now turn the spotlight on a smaller, newer and more specialised insurance player.

6 days ago | By Tom Winnifrith |

Rockpool Acquisitions IPO - a new member of the Sub Standard XI? I fear I can't SUFTUM

The demise of so many Standard Listed companies means that poor Cynical Bear has some big holes in his Sub Standard List X1 squad. But fear not, from God's chosen lands of Northern Ireland here comes Rockpool Acqusitions which will list in early July having raised £1.5 million at 10p.

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6 days ago | By Darren Atwater |

Winner of the Bulletin Board Moron of the Week contest - sponsored by Jim Mellon's Diabetic Boot Company

Our nominations usually come from LSE.co.uk, ADVFN.co.uk, III.co.uk, and sometimes the FT. But this is the first time that our winner comes from the world of academia. And no, the author is not Tom's sociology lecturing Mrs

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9 hours ago | By Darren Atwater |

New Bulletin Board Moron of the Week contest - sponsored by David Lenigas on steroids

The prize is a cheap one way flight to Mars organised by Elon Musk a promoter who makes David Lenigas seem bashful and understated. The challenge: We're looking for exemplary examples of sheer stupidity from those founts of brilliance; LSE.co.uk, III.co.uk and ADVFN.co.uk. The deadline to post your entries in the comments section below is midnight, Sunday 25 June.

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6 days ago | By Steve Moore |

Microsaic Systems – from in December sales to be “substantially ahead” of 2016’s, to now “significantly lower than for 2016”

“Trading Statement” announcement from Microsaic Systems (MSYS) includes Chairman Eric Yeatman commenting “we are very encouraged with the progress since our 21 March 2017 update, when we introduced our biopharma strategy, specifically around bioprocessing. We are engaging with several of the leading players in the global market for bioprocessing equipment”. However, the statement also includes that “the company now expects its H1 and full year 2017 revenue to be significantly lower than for 2016”. Hmmm…

6 days ago | By Tom Winnifrith, The Sheriff of AIM |

Servision and that breach of AIM rules with the delayed (lack of) profits warning - is it even worse that we thought?

I have been deeply troubled by the most recent lack of profits warning from AIM listed worthless POS Servision (SEV). My initial view, expressed HERE, is that in not admitting to order slippage from December for almost six months it had committed a massive breach of AIM Rules regarding timely disclosure of price sensitive news. But I fear it may be far worse than that.

6 days ago | By David Scott |

The question of a soft or hard Brexit does not lie within UK politics

The question of a soft or hard Brexit does not lie within UK politics but with the priorities of the EU. The EU’s number one priority is to avoid setting a precedent of successful exits – the UK election result does not change this. What is clear, however, is that Mrs May is no longer in control of the outcome; parliament will decide on whatever deal emerges.

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6 days ago | By Tom Winnifrith |

Fusionex shares up 55% at 61p - WTF? Fear not

In seven days time shares in Fusionex (FXI) the drowning in red flags tech company from the Norfolk province of Malaysia will be delisted from the AIM Casino. Yet the shares are up by 55% today at 61.5p. WTF?

5 days ago | By Malcolm Stacey |

Blistering Performance of IQE Shares, But I'm Not selling Yet

Hello Share Scrimpers. When one suggests a share which becomes a two-bagger plus, there is a bit of a duty to keep readers appraised of developments. That is to examine whether it looks like enough is enough and it's time to consider taking profits. In the case of IQE (IQE) though, this is perhaps not the case.

5 days ago | By Tom Winnifrith, The Sheriff of AIM |

Condor Gold Nicaragua Court No Show as it bullies peasants opposing La India Mine

Condor Gold (CNR) has still to inform its long suffering investors of the enormous opposition it faces on the ground as it tries to develop the La India gold mine in Nicaragua. Perhaps it is because CEO Mark Child knows that his company is acting like fascist bullyboys in the way they deal with poor local peasants. Child's actions probably impress his offshore based asset stripping millionaire mates but in the wider world the mood is changing and robber capitalism is not so cool any more. So what is overpaid and underperforming Mark not telling you?

6 days ago | By ShareProphets |

Precious Metals Video Update: Downside Risk Increasing

In light of base rate increases in the US, technical analyst Jordan Roy Byrne is getting more cautious on the outlook for gold and precious metals. From a fundamental as well as a TA perspective he explains why in the latest podcast from Palisade Capital.

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6 days ago | By Steve Moore |

Plant Impact – Third Quarter Trading Update far from routine…

“Third Quarter Trading Update” announcement from Plant Impact (PIM). Sounds routine, but the shares are currently more than 12% lower at sub 40p…

6 days ago | By Steve Moore |

Filtronic – year-end update, following prior ‘ahead of expectations’ announcement…

Electronics products for the wireless telecoms infrastructure and related markets-focused, Filtronic (FTC) is “pleased to provide” a trading update for its year ended 31st May 2017 – and the shares has responded slightly higher towards 13p...

5 days ago | By Tom Winnifrith, The Sheriff of AIM |

Are we starting to see the revenge of the exploited AIM private investor? Or are they being double duped

Few, other than the clowns such as Marcus Stuttard at the LSE, can argue against AIM having delivered absolutely dreadful returns for investors. Since its launch the AIM Index is down by 5.4% (dividends included). The FTSE 100 has doubled over the same period and the FTSE Small Cap Index is 250% ahead. Actually the numbers are even worse. Strip out a handful of massive winners like ASOS and Domino's Pizza and the AIM Index is into double digit losses. But are private investors who have born the brunt of this wealth destruction now getting revenge with spate of attempted boardroom purges? Yes and No.

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5 days ago | By Steve Moore |

Flowgroup – from “actively pursuing” sale to that business being the “primary focus” of the company in just a few months

Flowgroup (FLOW) has updated following a “successful re-capitalisation of the company”. Hmmm – having commenced 2017 at comfortably above 8p and been above 3p prior to a financing announcement last month, the shares have this month fallen below 1p...

5 days ago | By Tom Winnifrith, The Sheriff of AIM |

Fusionex - last day to sell, Nomad quits, homophobic ADVFN moron J777J19 have fun!

As I had suggested might happen several times, Nomad Stifel has resigned the Fusionex (FXI) account. It could not wait for the AIM delisting on the 26th. Instead it gave notice after hours yesterday that it was quitting as Nomad and Broker with effect from 5PM today. Hooray.Game over.

10 hours ago | By ShareProphets |

The June edition of the UK Investor Magazine is live - 5 share Tips, voting guide, and where to emigrate if the wrong party wins

The June edition of the UK Investor Show Magazine is live featuring three resource shares to buy,  two more share tips, a voting guide for investors, and where to emigrate if the wrong party wins a special offer expiring on June 14 and much more.

 
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10 hours ago | By Darren Atwater |

New Bulletin Board Moron of the Week contest - sponsored by David Lenigas on steroids

The prize is a cheap one way flight to Mars organised by Elon Musk a promoter who makes David Lenigas seem bashful and understated. The challenge: We're looking for exemplary examples of sheer stupidity from those founts of brilliance; LSE.co.uk, III.co.uk and ADVFN.co.uk. The deadline to post your entries in the comments section below is midnight, Sunday 25 June.

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1 day ago | By Tom Winnifrith |

Tom Winnifrith - the shares that are my 18 holdings: the non dirty dozen and a half

Okay I do not own these shares personally. I case anyone is thinking of going for me in a libel case I own nothing but FIML, owned by my family trusts, has built from scratch a fairly sizeable portfolio of 18 stocks. For what it is worth here they are in descendeing order of current value.

1 day ago | By Cynical Bear |

Echo Energy: The “Cornerstone Investor” leaving so soon – surely not?

My second piece on insiders cashing in and odd TR-1’s is, very predictably, looking at Echo Energy and, in particular, the two late RNS’s on Friday afternoon which show that the “Cornerstone Investor”, Greenberry plc, is offloading shares and warrants all over the shop and appears to be almost giving them away too – what a charitable sort! Let’s take a look.

1 day ago | By HotStockRockets |

Minoan share price weakness - panicking? No - Time to BUY

Shares in Minoan (MIN) were up a smidgeon Friday but have been heading the wrong way all week. At the time of writing they are 7.5p-8.5p - a spread wide enough to drive a bus through. Market makers really do take the piss on occasion if not most of the time. Anyhow is anything wrong? Let's deal with the various rumours sent to us by email.

11 hours ago | By Steve Moore & Tom Winnifrith |

Reach4Entertainment - Stoller resigned from board stays with Spotco - what next

We had heard that there were boardroom, er discussions, underway at Reach4 Entertaiment (R4E) and thus it is no great sutprise to see that David Stoller is to step down as Executive Chairman and as a director as of September 30.

1 day ago | By Cynical Bear |

Red Leopard Holdings: Congrats to Mr Akers – he could be an AIM millionaire (again)!

A couple of pieces this weekend on similar themes, namely insiders cashing in and unusual, or complete lack of, TR-1s. This first article looks at the astonishing amount of money seemingly made in no time at all by Chris Akers at Red Leopard Holdings (RLH).

1 day ago | By Malcolm Stacey |

Crazy Times Call for Sensible Precautions - Keep Your Selling Finger Poised.

Hello Share Pokers. If any more evidence was needed that we live in strange times it is this weekend’s news that the Bank of England was investigated by the Serious Fraud Office. I ask you!

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12 hours ago | By Tom Winnifrith, The Sheriff of AIM |

Tom Winnifrith: I lied to you - I have a 19th share, I'm 99.75% down in four months and over the moon

Yesterday I revealed to you the 18 shares I own and thanks for all the comments. For the avoidance of doubt that portfolio started at zero four and a bit years ago and we have more than trebled our money to date. It happens. But I lied to you, the portfolio is incomplete. I own two other shares. 

1 day ago | By Steve Moore |

Table of shorted AIM shares - week to 23/06/2017

From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2016 and thus far in 2017 (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...

1 day ago | By Tom Winnifrith |

Video: Bearish on markets, short term mega bearish on uranium - Rick Rule

In the latest video podcast from Palisade Capital, perhaps the world's best known resource fund manager, Rick Rule of Sprott, discusses the surprising lack of volatility in the markets and with the various worldwide challenges one would expect it to be much higher. He is not optimistic when one looks at the collective balance sheets of governments with their underfunded pension plans and is acting on the assumption that the markets will get more volatile.

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11 hours ago | By Steve Moore & Tom Winnifrith |

Petropavlovsk - the dodgy Russians win, Hambro et al out, what to do...

Rather as in the general election we found ourselves on the losing side at the Petropavlsovsk (POG) EGM. Peter Hambro and all bar two of the old board are out and nominees of the dodgy Russian shareholders are in. How should one view this?

1 day ago | By Steve Moore |

InterQuest – management-buyout attempted robber barons struggling on acceptances

The attempted robber barons of the InterQuest (ITQ) management buyout team (at Chisbridge Ltd) have made a “Level of Acceptances Update & Extension of Offer” announcement - and the independent director at InterQuest has responded…

11 hours ago | By HotStockRockets |

Falanx - very odd share price moves ahead of results date: upgrade of stance to BUY

Shares in Falanx (FLX) were almost 10p a month ago. The other day they were 6.25p to sell. What on earth happened? What fundamental event caused the company to lose more than a third of its value? Of course there was no such event. Price does not equal value.

11 hours ago | By Lucian Miers |

Bellzone Mining equity is all but worthless - do you know about the China crooks?

Bellzone Mining (BZM) was floated by Canaccord in 2010 (on April Fool’s day as it happens). It raised £30 million at 35p to fund the development of an iron ore project in Guinea, West Africa, the baby of Aussie entrepreneur Nikolajs Zuks, valuing the company at £184 million. Seven years on the company is still in the feasibility stage, having spent $336 million of shareholders’ money and, with the share count having more than tripled, the market cap is £33 million.

13 hours ago | By Darren Atwater |

Notes from Underground: On fire but not getting burnt

The standout story of the week is Tom Winnifrith - the shares that are my 18 holdings: the non dirty dozen and a half which not only takes the top spot, it only went up yesterday and easily blew past every other story as it was Tweeted and passed around the bulletin boards. It can be crazy when a story catches fire like that.

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