ShareProphets

Monday 24 April 2017 The one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares


10 April 2017, 11:45 | By Pizza Hardman Darren Atwater |

Video: Grahame Rummery, CEO of React Group, speaks at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Grahame Rummery, CEO of React Group (REAT), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

10 April 2017, 11:42 | By Steve Moore |

Inspirit Energy – half-year results claim “adequate resources”. Really?...

Having featured in the ‘New Year bury bad news stakes’ and with questions having been raised about CFO Nilesh Jagatia, I note shares in Inspirit Energy (INSP) remain in the doldrums following half-year results announced on 31st March. I also note the announcement was made at 9.49am. An attempt to miss the usual 7am RNS scrutiny?...

10 April 2017, 11:41 | By Pizza Hardman Darren Atwater |

Video: Robert Miller, CEO of Phynova, speaks at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Robert Miller, CEO of Phynova, is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

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10 April 2017, 11:29 | By Evil Banksta |

Something more than the fertilizer smells at Obtala

Obtala (OBT) should be a simple business to understand, its website explains that it farms just over 1,700 hectares of land in Tanzania and that it’s transitioning its forestry business to supplying hard wood products from 314,000 hectares of forestry concessions. And yet the group structure, accounts and accounting practices are possibly the most opaque that I’ve seen for an AIM company for quite some time. I’m going to highlight three points that should make the longs very concerned and should tempt the shorts out to play.

10 April 2017, 08:43 | By Pizza Hardman Darren Atwater |

Video: Ian Bristow, Finance Director of Symphony Environmental Technologies, speaks at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Ian Bristow, Finance Director of Symphony Environmental Technologies (SYM), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

10 April 2017, 08:29 | By Malcolm Stacey |

Fancy an Investment in Chemicals, Brothers? Look Up Croda

Hello Share Smashers. I can claim to be an expert in chemicals. Well, not really, though I hold a GCE in chemistry which shocked my old teacher when he saw the list of successful students. Which leads me to look at Croda (CRDA) - a chemicals company based within aping distance of my birth town, Doncaster.

9 April 2017, 16:34 | By Darren Atwater |

New Bulletin Board Moron of the Week Contest: Sponsored by ADVFN

With CloudTag (CTAG) out of the way, and the Filty Forty winding down to the Filthy Few, it's anyone's game to win. This week, extra points will be given to submissions from sites other than LSE, as I am beginning to suspect that entire site is some sort of art project by some City Boy who really resents not going to St Martins.  Perhaps it should be ADVFN where the board seem as interesting as the customers. Your deadline to submit entries in the comments section below is midnight, Sunday 9 April.

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9 April 2017, 16:34 | By Pizza Hardman Darren Atwater |

Video: Gervaise Heddle, CEO of Greatland Gold, speaks at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Gervaise Heddle, CEO of Greatland Gold (GGP), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

9 April 2017, 16:29 | By Tom Winnifrith & Steve Moore |

Safestyle: bank profits

Safestyle UK (SFE) has announced “record results” for 2016 and that it “is well placed to continue its progress in 2017”. But…

9 April 2017, 13:25 | By Pizza Hardman Darren Atwater |

Video: Coinsilium on 'game-changing technology' blockchain at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, a discussion on the game-changing technology of the blockchain from Coinsilium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

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9 April 2017, 10:22 | By Nigel Somerville, the Deputy Sheriff of AIM |

Tip of the year update – Taihua collapseroonie

I think I should rename Deputy Sheriff Towers as Smug Towers. Having offered two sells in the ShareProphets Tipfest for this year, Igas Energy (IGAS) duly crashed to bottom out at 4.5p (I’d been saying sell from 18.5p - last year’s Christmas tipfest, and then 11.625p this year). Last week came the turn of Filthy Forty play Taihua (TAIH) to do the decent thing and collapse in the wake of an entirely squeaky clean suggestion that it delist from the Casino. There’s nothing wrong here at all – move along please, nothing to see……

9 April 2017, 10:21 | By ShareProphets |

Table of shorted AIM shares - week to 07/04/2017

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...

9 April 2017, 10:20 | By ShareProphets |

Mining Equities Are Under Appreciated, Inflation Is Coming

This podcast from Palisade follows E.B. Tucker recently attending a conference promoting the housing market, where there seemed to be a lot of interest and several big name speakers. He thinks this is an indication of where we are, as the housing market is cyclical the time to buy real estate was several years ago. Returns in real estate are likely to be remain low. If you're interested you could look at regions with growth, like Brazil where they have better demographics.

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9 April 2017, 09:16 | By Darren Atwater |

Caption Contest: Colin Bird of Galileo Resources at the UK Investor Show 2017

YouTube automatically chooses a still from a video to place on the holding page. The one that the algorithm chose for our video of Galileo Resources (GLR) at the UK Investor Show shows Colin Bird, also of Jubilee Platinum (JLP) and Xtract Resources (XTR) in a particularly animated pose. Caption this picture - your deadline to post entries in the comments section below  is midnight tonight ( Sunday 9th April).

9 April 2017, 09:15 | By Tom Winnifrith |

Quindell fraudster Rob Terry lying again as he plots stockmarket comeback

The Serious Fraud Office investigations into the Quindell (QPP) fraud and the fraudster in chief Rob Terry continue but it seems that the old criminal and future jailbird has not changed his mendacious ways. He is now in a spot of bother with the consulting giant Accenture,

9 April 2017, 09:15 | By Darren Atwater |

Video: Albert E Sisto, CEO of Tern Plc, speaks at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Albert E Sisto, CEO of Tern Plc (TERN), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

9 April 2017, 09:14 | By Pizza Hardman Darren Atwater |

Notes from Underground: Same Apple, different Steve

In the past seven days, 49,498 unique readers read 82,876 pages on ShareProphets. The circulation of the Investors Chronicle is c30,000. Shares is less than half of that. To our critics who think we do not count, we say think again.

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8 April 2017, 10:50 | By Darren Atwater |

Video: Patrick Hayes of Mis Sold Investments speaks at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Patrick Hayes of Mis Sold Investments is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

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8 April 2017, 09:50 | By Lucian Miers |

Bushveld Minerals: Do the Maths

At the UK Investor Show on Saturday I got chatting to a group of likely lads who were in celebratory mode, having enjoyed considerable success of late at momentum trading AIM resource stocks. Bushveld Minerals (BMN) was a name that cropped up, so I decided to have a quick look.

8 April 2017, 09:48 | By Pizza Hardman Darren Atwater |

Video: Colin Bird of Galileo Resources speaks at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Colin Bird of Galileo Resources (GLR) is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

5 hours ago | By ShareProphets |

The April edition of the UK Investor Magazine is live - UK Investor Show edition

The April edition of the UK Investor Show Magazine is live featuring Metal Tiger, BMR, Harley Investments, Action Hotels and much more.

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1 day ago | By Pizza Hardman Darren Atwater |

New Bulletin Board Moron of the Week Contest - sponsored by MoneySwap

This week's contest is graciously sponsored by MoneySwap, the Filthy Forty constituent that has this week requested to be dropped from the AIM market.

7 days ago | By Malcolm Stacey |

Are We Singing From the Same Page When I Say this Firm Could Just Be the Job?

Hello Share Spooners. I’ve long held that recruitment agencies are a decent bet in these turbulent times. The reason is that unemployment seems to be on the back foot in various parts of the globe, including here in Blighty.

7 days ago | By Darren Atwater |

Video: Leon Coetzer, CEO of Jubilee Platinum, speaks at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Leon Coetzer, CEO of Jubilee Platinum (JLP), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

7 days ago | By Gary Newman |

Is Onzima's placing the most expensive ever?

Shareholders of Onzima Ventures (ONZ) will be breathing a sigh of relief following confirmation of the acquisition of the remaining 51% of private company N4 Pharma, and meaning that the new entity will relist on AIM. This won’t have come as a massive surprise as the company announced this proposed acquisition back in January, but some still seemed nervous as the announcement went right down to the wire in terms of Onzima either announcing such a deal (which constitutes a reverse takeover) or being booted off of AIM.

6 days ago | By Cynical Bear |

EXCLUSIVE: Worthington: Newco website unveiled – are you sure it’s not Flagship Global, Aidan?

On his blog, Aidan Earley recently denied that Newco is Flagship Global Corp, which I always thought was the most likely contender for Newco, and it may be that he is telling the truth. However, having now gained access to the pre-launch Flagship Global website, it looks incredibly likely that it is Newco or, perhaps more accurately, that it was going to be at one point. Take a look.

6 days ago | By Darren Atwater |

Video: Nigel Wray and Tom Winnifrith prove that they are literally in bed together at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Nigel Wray and Tom Winnifrith prove that they are literally in bed together. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

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6 days ago | By Darren Atwater |

Video: Minoan Group presentation at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Tim Hill of Minoan Group (MIN) is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

6 days ago | By David Scott |

Can Hope Trump Reality?

The U.S. government is poised to shut down on Day 100 of Donald Trump’s presidency, unless Congress can pass a new spending bill or a continuing resolution before the current one expires on April 28... Whilst the Republicans control the White House, the Senate and the House of Representatives, any bill to fund the government is going to require 60 votes in the Senate.  The “nuclear option” that the Republicans just used to push the Gorsuch Supreme Court nomination through is not available in this case under current Senate rules because a spending bill of this nature would not qualify. So the Democrats have significant leverage, and they plan to use it to the maximum.

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6 days ago | By Tom Winnifrith |

General Election June 8th - Surely there is no doubt as to the outcome, there is no uncertainty now

Bloody Theresa May. There was I off work and she has just gone and called a snap General Election for June 8th. Time for everyone to panic? Er...no.

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6 days ago | By Darren Atwater |

Video: Harry Anagnostaras-Adams, executive chairman of Kefi Minerals, presents at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Harry Anagnostaras-Adams, executive chairman of Kefi Minerals (KEFI), is at the podium with his colleague Jeff Rayner. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

6 days ago | By Nigel Somerville, the Deputy Sheriff of AIM |

Advanced Oncotherapy – Bracknor ups the ante, converts £200,000, tick tock to EGM o'clock

This morning AIM-listed Advanced Oncotherapy (AVO) announced another conversion by Bracknor. Having previously converted three lumps of £100,000 of death spiral loans, Bracknor has gone for £200,000 worth this time – but at the lowest price yet, just 26.74p. That leaves things looking decidedly sticky for the company, which got authority to issue Bracknor with enough loan conversion shares based on the assumption of an average loan conversion price of 44p and the associated warrants at 57p.

6 days ago | By Nigel Somerville |

Cloudbuy – AGM statement: it’s jam tomorrow (honest, this time, guv’!)

AIM-listed Cloudbuy (CBUY) this morning issued an AGM statement which offered yet more jam tomorrow, even more jam next year but the only jam today is the one the company seems to be in.

6 days ago | By Steve Moore |

ASA Resource – from “completely mischievous” allegations to “strong evidence” of fraud in 2 weeks, calling Babylon Zoo…

Early this month ASA Resource Group (ASA) announced its directors had “received certain anonymous allegations relating to… certain aspects of the financial management at Freda Rebecca” (gold mine in Zimbabwe in which it has an 85% interest). However, it sought to reassure that “the company's directors believe these allegations to be completely mischievous”. Now though “the board is extremely disappointed to report”… Uh oh…

6 days ago | By Malcolm Stacey |

How the Snap Election Will Affect Your Share Prices

Hello Share Pillagers. We all should have known something big was going to happen by the way shares were marked down heavily after the Easter break. On Easter Monday, when our stock market was closed, the US version was open. During that session, American shares rose by about 1%. That usually means British shares rise in tandem, but not this time.

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5 days ago | By Steve Moore |

Westminster Group – emphasises “pleased” & placing “oversubscribed”. Hmmm…

Westminster Group (WSG) “is pleased to announce a placing” (to raise a gross £1 million at 10p per share) and “the conversion of the balance of the convertible loan notes issued to Darwin Capital Ltd eliminating the facility”. The shares have though responded more than 15% lower…

5 hours ago | By ShareProphets |

The April edition of the UK Investor Magazine is live - UK Investor Show edition

The April edition of the UK Investor Show Magazine is live featuring Metal Tiger, BMR, Harley Investments, Action Hotels and much more.

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1 day ago | By Pizza Hardman Darren Atwater |

New Bulletin Board Moron of the Week Contest - sponsored by MoneySwap

This week's contest is graciously sponsored by MoneySwap, the Filthy Forty constituent that has this week requested to be dropped from the AIM market.

5 hours ago | By ShareProphets |

Patience, patience, patience and yet more patience - that is the key to making money from shares

Making money from shares is simple. Well it should be. Buy cheap. Hold. Hold. Hold. Hold, and finally sell when the shares have delivered you big gains. Where so many folks go wrong is getting impatient and not being prepared to hold, hold, hold. Let us tell you about Symphony Environmental (SYM) which we tipped at a 6.75p offer just over three years ago. It did nothing for ages....

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13 hours ago | By Tom Winnifrith |

African Potash - the legal case for victims of the fraud almost underway

Before I call it a day I want to see the victims of the African Potash (AFPO) fraud get some of their money back, even if some of those victims were fairly beastly to me as I exposed the fraud. Friday's bombshell from Potash shows the game is up but the big frauds happened before this worthless enterprise was booted off AIM. To that end I have been working to help put together a legal action. That action is now almost underway and Peter Petyt, the man running things, wrote to more than 50 victims who have come forward at the weekend. If you lost money and want to try to get it back it is not too late to contact Peter. His letter & contact details follow.

1 day ago | By Nigel Somerville, the Deputy Sheriff of AIM |

A look at the record of Advanced Oncotherapy's Exec Chairman

AIM-listed Advanced Oncotherapy (AVO) Exec Chairman Dr Michael Jeffrey Sinclair has, according to the OpenCorporates.com website, served as an officer of 155 companies over his illustrious career. With Advanced Onco facing a few issues of cash as it tries to get its Harley Street facility installed and running, it is perhaps worth a gander through this record. Here are the first 29 listed on the OpenCorporates.com website (actually it is 30, but one appears to be a double entry so has been removed).

1 day ago | By HotStockRockets |

Metal Tiger – slightly delayed fundraising completes, shares recovering - buy

On tipping shares in Metal Tiger (MTR) earlier this month, we noted an oversubscribed (initially £3 million, but then £4.29 million) fundraising through well-known North American natural resources name Sprott. Tiger has now announced the closing of the funding…

1 day ago | By Lucian Miers |

More Red Flags at BNN Technology

BNN Technology (BNN) published its Annual Report last week along with an update on its current cash position and the appointment of a new Non-Exec Chairman. The share price has rallied 6% but is still shy of the 80p at which broker Mirabaud recently raised £25 million - and, looking through the bluster, there are some serious issues that holders might care to consider.

13 hours ago | By David Scott |

You are hereby on notice as retail bubbles start to pop

Artificial political constructs never last. The EU is great for the “elites” in Brussels; not so much for the average citizen and the tragedy of monetary union is that Europe's political class has gone to extreme lengths to hold the euro together regardless of underlying economic logic. But this has only perpetuated and exacerbated the coming political crisis. "Monetary union has created a conflict between a centralised elite on the one hand, and the forces of democracy at the national level on the other. This is extraordinarily dangerous,” Mervyn King wrote in his recent book 'The End of Alchemy'. 

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13 hours ago | By Malcolm Stacey |

I'd Like to Be In Amerisur. Well, Actually I Already Am

Hello Share Snappers. It’s a bit disconcerting when you elect a share to bring to your notice and then find it appears on the list of most shorted shares on this stupendous website.

5 hours ago | By Darren Atwater |

1 day ago | By Darren Atwater |

Video: Chris Bailey and Johnny Hon discuss: Is China a Fraud-ridden bubble at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Chris Bailey of Financial Orbit and Johnny Hon of Global Group discuss: Is China a Fraud-ridden bubble? And make sure that you keep April 21 2018 free for next year's UK Investor Show.

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1 day ago | By Darren Atwater |

And the winner of the Labour Benefits caption contest is:

Friday, we asked you to caption the photo inside in recognition of the snap election. The results seem to show that ShareProphets readers are neither Labour voters nor CloudTag fans. 

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13 hours ago | By Tom Winnifrith |

Andalas - ramptastic news: in case you forgot it needs £500,000 (which it hasn't got) by Friday

Another day and another ramptastic "Operations Update" from Andalas Energy (ADL). Operations is a bit of a strong word as Andalas does not really have any. It should really have been "Jam Tomorrow" update but then again tomorrow suggests the jam may arrive which, given the track record of this dog, looks unlikely. What will arrive on Friday is a demand for £500,000 and as Andalas has sod all cash and is burning what it has at a rate of knots that is a bit of a problem. Oddly this is not mentioned in today's RNS.

13 hours ago | By Darren Atwater |

Video: Nigel Wray and Tom Winnifrith invest £8000 in two AIM shares to benefit Woodlarks at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Nigel Wray and Tom Winnifrith invest £8000 in two AIM shares to benefit Woodlarks. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

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13 hours ago | By Darren Atwater |

Video: Paul Scott finds Nigel Wray's and Paul Mumford's investment strategies at UK Investor Show 2017

In this video from the storming success that was the 2017 UK Investor Show, Paul Scott finds Nigel Wray's and Paul Mumford's investment strategies. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

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9 hours ago | By Steve Moore |

WANdisco – record contract win & Q1 update offer some further encouragement, but…

I previously wrote on WANdisco (WAND) in January – ‘one quarter does not an investment make, but offers some encouragement for shareholders’. The following updates with the shares currently on the rise on the back of a “Significant customer win and Q1 update” announcement…

1 day ago | By Pizza Hardman Darren Atwater |

Notes from Underground: Well, that was quick

After all the fussing and moaning about Tom leaving the site to pick olives or raise snakes or whatever it is he's doing, and following a spectacular week where the most popular story was written by yours truly, we have come to what we all expected in the first place. The number one story this week is General Election June 8th - Surely there is no doubt as to the outcome, there is no uncertainty now, written by one Tom Winnifrith.

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