I noted last week, in an article on my personal website, how little Miss Piggy would end up in the House of Lords whatever happened to her at the Bank of England - HERE. Today she "was resigned" for breaking the rules. I reflect on that in a less than charitable view. The thing is that the Aristocracy is like cream: thick but they rise to the top. Like disgraced expenses fiddling pater, Lord Hogg of Moat Cleaning, Charlotte will bounce back.
No doubt the spivs are on the ramp again but shares in Independent Resources (IRG) have dived by 30% to 0.415. That is because the stock has today on ex-rights on the open offer announced today. If you buy now you do not get to take part in a 2 for 3 offer at 0.065p! So do the maths again.
Time really is running out if you want to attend what is the country's biggest and most exciting one day event for those who are serious about making money from shares. UK Investor Show will be having a 15th birthday party on April 1 (no kidding) in Westminster, London. But as of today fewer than 400 of the 3,000 tickets are unallocated. So if you want to attend book one NOW!
You’ve probably guessed already that I mostly prefer future prospects to past performance when assessing if a share should attract my hard-earned. Thus a balance sheet is of interest to me - but not quite as much as a bit of old-fashioned imagination when trying to second guess if a service or product will fly in the next few years.
Following its 2016 results, digital music and radio services group 7digital (7DIG) has successfully placed 34,769,239 new shares at 6.5p to raise a gross approximately £2.26 million and house broker, finnCap, has updated on the company's manoeuvrings...
Earlier today the Takeover Panel slammed the dodgy antics of Dave King on numerous counts and ordered him to launch a 20p per share, £14 million, bid for the 85% of Rangers (RFC) shares he does not own. King has responded with a statement of complete and utter horseshit showing that he holds the law of the UK in contempt. King has issued a statement via Rangers which it is worth dissecting for the half truths and bollocks it contains. The statement follows with my comments in bold.
Well thanks to Big Gib and the Glenwick (GWIK) ramping crew for sponsoring last week's Bulletin Board moron contest which served up a raft of entries as you can see HERE. The winner was Juicin Drumroll who spotted this great observation from a Long & Strong Cloudtag (CTAG) moron posting on the ADVFN Asylum with the shares suspended and due to be booted off AIM two weeks from today.
As the Rangers (RFC) comedy show is back into town again. I could not resist it. Elewhere I discuss Challenger (CHAL), Concha (CHA), a golden stockmarket rule or two, Strategic Minerals (SML) and how its honesty on matters LOC compares to that of the liars running the fraud African Potash (AFPO), Quadrise Fuels (QFI) and then in some detail, Telit Communications (TCM)
Having recently recovered to comfortably above 7p, shares in eServGlobal (ESG) are currently sliding back towards that level despite an AGM Statement including “we expect sufficient order flow in H1 to support our outlook of breakeven in the core business in the 12 months to 31 October 2017, and progress by HomeSend remains consistent with reaching a breakeven point during this calendar year”…
The Takeover Panel has today slammed Rangers (RFC) supremo David King for breaching the UK Takeover Code as well as being a prize arse in not co-operating, indeed appearing to obstruct, its enquiry. The upshot is that he has now been told that he must launch a 20p per share offer for the 85.43% of Rangers he does not own by April 12. That will cost him up to £14 million if everyone accepts.
The last time there was a mega merger in the housebuilding sector was 2007. Can you remember what happened next? Exactly. And thus today Bovis (BVS) announced that it had received bid approaches from both Redrow (RDW) and Galiford Try (GFRD). It has rejected both.
Having previously concluded with shares in Rex Bionics (RXB) at circa 70p HERE, 43.5p HERE and 32.5p HERE, that, although a type of business you want to succeed, some way from being able to prove its commerciality and cash burn concerns until it gets there, the shares don’t look to appeal as an investment, I note they currently at 13p and an update including that “the company estimates that it will likely need external funding by the end of April 2017 in order to remain as a going concern”. Uh oh…
In a monetary system, like ours, when money is nothing as is it is not backed by anything, Central Banks can produce and controlled money largely at will. This has allowed governments to act like a common counterfeiter, producing money out of thin air to fund its own spending programs and/or reward its supporters, all at the expense of society as a whole. It is much easier to fund wars and welfare out of printed money than taxes, or borrowing from real savings. The steady erosion of money's purchasing power hits retirees the hardest, diminishing their ability to plan for a retirement of comfort and dignity.
It is not just Hart, the CEO for a few hours more at Bowleven (BLVN), but also the overpaid, inbred, upper class fuckwits at PR spinners Brunswick who view ordinary investors with unmitigated contempt. Someone leaked it to the Times this morning that Hart was to resign as boss of Bowleven after years of being paid a fortune while destroying shareholder value. If that is correct he is jumping before he is pushed at the GM, called by Crown Ocean.
Hello Share Shakers. A bit of a dilemma faces me. I have some BP (BP.) shares in my ordinary trading account. I want to switch them to my ISA. When I do that, there’ll be an interim few days when I no longer hold the stock. For BP at the moment, this is a bit dangerous.
Glenwick (GWIK) was once the darling of the AIM penny stock ramping crew led by twitter loon Big Gib. Naturally it has had various changes of strategy, spunked hundreds of thousands of quid on directors fees, advisors and deals that failed and this morning it was slung off AIM - as discussed HERE. The only question is did Big Gob et al get out at the top as they urged others to buy? So in honour of Big Gob I ask you to post in the comments section below the most ludicrous comment you can find on twitter or on a Bulletin Board this week. The deadline is midnight on Sunday 12 March.
At 6.25p-6.5p cyber security group Falanx (FLX) is capitalised at just £8.2 million. We think it will go higher. It is well up on our share tip at a 4.25p offer so the stance is hold but this should be trading at well over 8p to sell ( our target) post the year end trading statement in a few weeks. But pro tem we were told last week that it has appointed Craig Dawson as Chief Finance Officer with immediate effect - check out his CV.
I start with the tale of Concha (CHA) and Ve Interactive from earlier - see HERE. What does that tell us about bubbles, especially in tech. Watch out for similar catastrophes at companies such as Allied Minds (ALM) and FastForward (FFWD). I then move onto the Budget and Chancellor Hammond's betrayal of the self employed which gives a lie to the idea that this Government wants to reach out to those Just About Managing and to those who are prepared to risk all to do what this country needs and become an entrepreneur.
Almost exactly a year ago, investment vehicle Concha (CHA) spunked £4 million on a 0.43% stake in new media darling Ve Interactive a deal and valuation that I branded as "insane". Hey ho, today's Sunday Telegraph suggests that the Sheriff of AIM is right once again.
We tipped this stock last week at a 1.7p offer. The target to sell is 2.5p + . The shares are a buy at up 1.9p. The tip reads:
The March edition of the UK Investor Show Magazine is live featuring 7 share tips, company profiles, interview with Richard Poulden of PCGE, why we fight fraud & fake news on Channel 4, Donald Trump, Marine Le Pen, a look at the banksters and much more.
Well this is a company that will sponsor any old crap and let's face it, 95% of Bulletin Board Morons post on the LSE Asylum. As the countdown to the fraud Cloudtag (CTAG) being booted off AIM next week accelerates you kind of sense which stock will be the focus of most entries. The competition rules are simple. Just nominate the daftest post on a BB or on twitter in the comments section below. Once again, our in-house semi-trained loon Wildes is allowed to nominate his own posts. The deadline for entries is midnight on Sunday 26th March. Post away!
The asset strippers who own Master Investor tried to persuade companies exhibiting at Nigel Wray's UK Investor Show to jump ship, promising them that 5,000 attendees would cram into a hall holding less than 3,000 folks. Well here is a photo below of the asset stripper himself, Jim Mellon, staring out on rows of empty seats. In light of that I invite you to examine the photo and offer up a suitable caption. The deadline for entries to be posted in the comments section below, is midnight tonight, Sunday 26th, the day after Master Investor died. RIP.
It is the top of the market so a range of City folks are getting away with behaviour which is, at best , utterly unethical. I name names as I list 10 such offences against basic decency and in some cases the law. And I warn those who are guilty that they will face a backlash and I explain why.
After Saturday's debacle in Islington, there is clearly just 1 major event to go to for those who want to make money from shares - UK Investor Show. To meet more than 120 growth companies and to hear the most amazing cast of speakers you have to be there on April 1 at the QE2 Centre in London. There is just one show to go to so BOOK NOW and join 3,000 other people who want to make money from shares.
This is becoming almost routine. After hours on Friday PrimaryBid announces a material placing opportunity for its members. This weekend it is Premier African Minerals (PREM) which is raising £1.5 million at 0.5p.
I really should not be giving the oxygen of publicity to the half witted duo that is PR Genius Steffi and Sith Lord Zak "Judas" Mir but just to point out how corrupt they are here goes - if you are made of stern stuff there is a video below..
Cloudtag (CTAG) has fessed up to dismal results and to the fact that it cannot get a Nomad to act for it and sign off on its lies and thus its shares will be booted off the AIM casino tonight. It talks of a relisting in the future but then it was telling us just the other day that it would get a new Nomad. But having had since January 10 it has failed. No one will act for this fraud. It is game over.
Gold seems to be tracking sideways pro tem but that does not mean that gold shares will track sideways too. You can make big returns in such a climate claims Steve Todoruk a senior figure within Sprott, the world's leading investor in resource stocks. Steve opines:
It seems as if my father has drunk all the ouzo. Who can blame him? But how will I celebrate if the fraud Cloudtag (CTAG) is booted off AIM today? Join in the fun with our Cloudtag termination clock HERE. Elsewhere I look at Bowleven (BLVN), gosh I loathe its management team, Advanced Oncotherapy (AVO), also run by tossers, and Strategic Equity Capital (SEC).
I owe a lot of my success in investing to Steve Nicandros, CEO of Frontera Resources (FRR), having spoken to him in great detail about his company and investing a lot of money in it as a result.
AIM-listed gold and silver in Turkey play Ariana Resources (AAU) has announced the first gold/silver pour at its new joint venture Kiziltepe plant in Turkey. It has been a long road but this marks the moment when Ariana completes the transition from explorer to producer – cracking news for head honcho Kerim Sener and his team. So what now?
Ho ho ho. Even as it faces insolvency those wags at Advanced Oncotherapy (AVO) do so with a sense of humour as they try to spoof us all with news of an even more desperate financing which will keep the lights on until late June. Dr Michael Sinclair you should go on the stage. You really are a hoot.
Tension is mounting for those of us who follow the AIM fraud of the year that is Cloudtag (CTAG). Will any Nomad be so desperate for money that it agrees to act for this company and sign off on its lies? We will find out very soon indeed. So, perhaps for the last time, this contest is in honour of the Onitor groupies. As ever the rules are simple: Just nominate the Bulletin Board post, tweet or video starring the Sith Lord Zak "Judas" Mir that displays complete insanity by posting it in the comments section below. The deadline for entries is midnight on Sunday 2nd April. Post away...
The fraud Cloudtag (CTAG) is almost certain to be booted off the AIM casino tonight. I will also miss it such have been the deranged comments that it has prompted. Last week's contest was sposnored by the LSE Asylum and generated stacks of quality entries as you can see HERE. But the winner, spotted by Warun Boofit was in a class of its own as you can see below
We are already well ahead on this share tip. But we can still see it doubling from here!
Premier African Minerals (PREM) was a company that I had high hopes for a couple of years back, but since then it has largely failed to live up to expectations on the operational front – especially in terms of producing revenue.
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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