ShareProphets

Saturday 27 May 2017 The one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares


12 May 2017, 08:01 | By Malcolm Stacey |

Energy Caps Will Only Make Things Worse for Centrica

Hello Share Squishers. It seems fairly obvious that gas and electricity supply companies may well see slimmer share prices after all this general election talk about capping energy bills. But so far, the market has not cropped shares by very much.

11 May 2017, 14:03 | By Steve Moore |

SpaceandPeople – shares soar on the positive guidance of a trading update

Shares in promotional space manager and services provider SpaceandPeople (SAL) are currently 45% higher today, at 37p, on the back of a “Trading Update” announcement…

11 May 2017, 11:04 | By Tom Winnifrith |

Eden Research boasts that the taxpayer is funding promotion of its fraud

AIM Cesspit listed FRAUD Eden Research (EDEN) has two massive problems. One is that with pitiful sales it is rapidly running out of cash and so must get yet another bailout placing away. The second is that it has now been fully exposed as committing a massive panama pump securities fraud HERE. Its response....

11 May 2017, 11:01 | By Tom Winnifrith |

The curse of Quindell fraudster Rob Terry: Slater & Gordon to sue Watchstone for £600 million

Oh dear, the curse of wretched Quindell (QPP) fraudster Rob Terry strikes again. Slater & Gordon (SGH), the Aussie poltroons driven to the point of bankruptcy because it bought worthless assets from Quenron says it is to launch a claim for £600 million ( the amount it paid) against Quindell - now renamed Watchstone Group (WTG). Slater claims that when it bought the assets it was a victim of "fraudulent misrepresentation." Oh Dear.

11 May 2017, 11:00 | By Steve Moore |

Flowgroup – shares crash on announced “potential alternative” to proposed Flow Energy business disposal

Writing previously in March on Flowgroup (FLOW), with the shares then at 5p, I concluded that there looked to remain both funding and jam-tomorrow uncertainty and to continue to avoid. Presently, the shares are approaching 40% lower on the day, at sub 2p, on the back of news that the company “is in the advanced stages of preparing a significant capital fundraising as a potential alternative to the proposed disposal of the Flow Energy business”

11 May 2017, 08:30 | By Tom Winnifrith |

English Taxpayers cash chucked down the pit by the feckless Welsh and Malcolm Celebrates

England (well mainly the South East) subsidises Wales, Scotland and Northern Ireland. C'est la vie. It is part of being a United Kingdom. Personally I'd send all the Celtic loons packing, give them their independence and slash taxes for we hard working residents of England. But that is not the way and just to rub our noses in it, Welsh resident, Malcolm Stacey celebrates how local councils and the Welsh Assrembly have ponied up £50 million to turn some Godforsaken post industrial shit hole in South Wales into a new "Silicon Valley." Bollocks.

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11 May 2017, 08:24 | By HotStockRockets |

LGO - Mega Heavy Hitter takes charge - look at his options!

LGO Energy (LGO) has announced that chairman and CEO Neil Ritson has stepped down with immediate effect to make way for Leo Koot. Leo who? He is very tall, he's Dutch, he sleeps for just two hours a night and he is massive big hitter in the world of oil. Why on earth did he go for LGO?

11 May 2017, 08:13 | By Gary Newman |

Distil has been a fantastic investment but it may be time to take some profit

Whilst it is true that a lot of the small companies listed on AIM are total junk, there are also some gems amongst them, and I think that Distil (DIS) falls into that category. I first came across this company at the UK Investor Show a couple of years back and it has performed extremely well since I first covered it as a buy here at around 0.8p - the share price is currently nearly 350% higher than it was back then.

11 May 2017, 08:05 | By Darren Atwater |

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11 May 2017, 08:03 | By Malcolm Stacey |

A Green Light From China Could Cure a Lacklustre Share Price for this 'Sticky Things' Developer

Hello Share Takers. It’s ironical to call Avacta (AVCT) one of my favourite shares when it has only made a modest profit for me so far. And it’s taken a long time to do that. But it does seem to me that this medical pioneer is onto something. And a little talk with a couple of its big cheeses at last month’s stunning UK Investor Show strengthened that feeling.

10 May 2017, 17:37 | By ShareProphets |

ShareProphets China AIM 'Filthy Forty' update – good riddance Taihua edition

Since our previous (March) update, another ShareProphets China AIM 'Filthy Forty' company has followed Geong International and co in 'Geong, Geong' and then Gone...

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10 May 2017, 16:14 | By Steve Moore |

Image Scan – update on trading & a placing

Writing previously in December on x-ray imaging products for the security and industrial inspection markets-focused Image Scan Holdings (IGE) I concluded, with the shares at 6.5p, that I’d continue to monitor for the company growing more into such a valuation. It has now announced a 5.25p per share placing and subscription “to accelerate the introduction of recently developed products into the widest possible market, further extend the research and development activity and to provided additional working capital to facilitate the management of larger contracts”

10 May 2017, 13:44 | By HotStockRockets |

Orogen - why Tom Winnifrith's family has bought more

Is Orogen (ORE) the cheapest AIM shell? It could well be. That is why, with the shares at 1.625p mid, FIML - a company owned by the family trust of Tom Winnifrith, has added to its holding. As a reminder...

10 May 2017, 13:43 | By Steve Moore |

Ncondezi Energy – funding desperation continues, contention for AIM’s most expensive loan?

Shares in Ncondezi Energy (NCCL) are currently more than 30% lower on the day, at around 2p, on the back of a “Project and Funding Update”

10 May 2017, 11:15 | By Tom Winnifrith |

Align Research - 23 page buy note on Obtala - target price 30.52p

Ok, Align is paid to write research and we really do not always agree with what its eccentric boss Richard Jennings says and writes. But as we own a few shares in the company and agree with the thesis we are happy to republish this detailed note.

10 May 2017, 11:05 | By Tom Winnifrith & Steve Moore |

Character Group – lower interims, but confidence remains

Character Group (CCT) has announced results for its half year ended 28th February 2017 and that “we remain on target to achieve current market expectations for the full financial year”

10 May 2017, 11:00 | By Steve Moore |

Cogenpower – from AIM listing to working capital “constrained” & auditor resignation in 15 months

12th February 2016: “Our admission to AIM comes at an exciting point in the company's development and marks an important step in Cogenpower (CGP)'s evolution to becoming a leading low-carbon energy business for urban communities”3rd May 2017: “Working Capital and Operational Update”10th May 2017: “Resignation of auditor”. Uh oh…

10 May 2017, 10:20 | By Darren Atwater |

Caption Contest: US President Donald Trump and former FBI director James Comey

Caption this photo of US President Donald Trump and former FBI director James Comey having a quiet word with each other.

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10 May 2017, 08:23 | By Nigel Somerville |

DiamondCorp – Fat Lady in full flow and an investment lesson

Fair play to (pro tem, albeit currently suspended) DiamondCorp (DCP). The news is bad but at least the company is being plain about it. Of course, we have to throw in the obligatory “you can’t say you were not warned” ShareProphets catchphrase, as the writing has been on the wall for months, but yesterday’s after-hours RNS looks to be the cue for a long and arduous aria.

1 hour ago | By ShareProphets |

The May edition of the UK Investor Magazine is live - Tips, UK Investor Show photo feature, and the the end of the EU

The May edition of the UK Investor Show Magazine is live featuring three share tips from Gary Newman, the Greek meltown is worse than everyone thinks, and the EU is not fit for purpose plus a photofeature from the 2017 UK Investor Show.

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6 days ago | By ShareProphets |

New Bulletin Board Moron of the Week Contest - sponsored by Quindell founder & fraudster Rob Terry

This week's sponsor, serial company founder Rob Terry, has been in the news this past week over a lawsuit brought by Aussie legal poltroons Slater & Gorden claiming to be deceived over the legal division that they bought from Quindell. Slater & Gordon will probably do just fine unless Quindell (QPP) or Watchstone (WTG) as it is called these days, points out ShareProphets sent S&G a docket of articles before the purchase went through. Anything to help the boys and girls at Quindell!

6 days ago | By Lucian Miers |

MySQUAR, a total basket case. Sell at 5.1p

I wrote recently about AIM listed BNN Technology (BNN), a flaky and wildly over promoted China tech play, but having had a look at Burmese tech play MySQUAR (MYSQ), BNN looks a solid blue chip.

6 days ago | By Steve Moore |

InterQuest – an angry shareholder writes…

Having announced it is to make a 42p per share offer for InterQuest (ITQ) (Tom made his thoughts clear on the offer HERE) the following features the management buyout team’s (Gary Ashworth, Christopher Eldridge and David Bygrave, (‘Chisbridge’)’s) reasonings for the offer (in bold italics) and my responses following…

6 days ago | By Darren Atwater |

Notes from Underground: Greece is the word

So, considering that Tom Winnifrith is away with his wife and his in-laws, away from the Greek hovel, and spending time at some Greek luxury resort, the first non-Tom story is CloudTag – Some great news, Amit Ben-Haim is all yours now by Cynical Bear at number 9.

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6 days ago | By Cynical Bear |

Worthington: Newco website launched – initial thoughts

At last I hear you cry. It is finally here after months of foreplay - the new Newco website. Delights awaited no doubt but I wasn’t quite sure what form they were going to take. Anyway, it was with baited breath that I clicked on the address indicated in Aidan’s latest blog to ascertain what was behind those gilded gates. Noble Resolve has arrived – let’s take a look.

6 days ago | By Gary Newman |

Time to buy Vedanta before the release of results in the UK

Vedanta Resources (VED) was one of my best performing shares during 2016, and after a significant pullback in the share price in recent months it is well worth considering buying back in at current levels.

6 days ago | By Tom Winnifrith |

Open letter to Tony O’Reilly Jnr ahead of Providence Resources AGM

I do not always agree with Richard Jennings of Align Research. As you know he has some crazy views. But on the subject orf Tony O Reilly Jnr and Providence Resources (PVR), Jennings is bang on the money. Ahead of the AGM he has written to O'Relly. The letter follows: 

6 days ago | By Tom Winnifrith |

Where the US leads we will follow - let's start with a property crash and retail-aggedon

I keep saying this till I am blue in the face but most asset classes are global. The idea, therefore that property prices can crash in New York and San Francisco but just keeo melting upwards in other global cities like London is just nonsense.

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5 days ago | By Malcolm Stacey |

After Falling to Earth, This Sci-fi Share May Rocket, Once Mr Spock Locks On

Hello Share Scoopers. There have been quite a few occasions now that I’ve commended a Footsie satellite company to your attention. On each mention, as I recall, the share grew in value. However, last year the shares took a big knock.

5 days ago | By Nigel Somerville |

Is Tom Winnifrith right to out companies doing placings?

The busting of a placing by AIM-listed UK Oil and Gas (UKOG) at 1p by Tom Winnifrith has caused a bit of controversy. It is not the first time he has been accused of being irresponsible by blowing the lid on a placing only for it to be pulled or the price dropped. Anyone left holding the baby gets their fingers burned – in the recent example quite badly if they had been buying into the ramp at north of 1.4p only to see the company raise cash at just 0.8p. Is it right?

1 hour ago | By Tom Winnifrith |

New Bulletin Board Moron of the week sponsored by Granny Snuffs & Wildes

The nauseating Mail on Sunday fawned upon Pippa Middleton and her ghastly family as they celebrated the "wedding of the Year"Bring on the revolution! But perhaps the real wedding of the year should be between our two very own in-house Bulletin Board Morons GrannySnuffs & Wildes who seem made for each other. can you find examples on the LSE Asylum, iii, ADVFN or twitter of comments more idiotic than those of our own dream team? If so post in the comments section below, the deadline is midnight Sunday 28th May.

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5 days ago | By David Scott |

Elect a clown, get a Circus

"A credit crunch is brewing and when it happens, the UK is going to get hurt."  These are not my words but the start of the Editorial in this weekend’s Guardian. The article then went on to say "That is the message emerging from senior executives in the financial services industry, who do not think Britain has changed that much since the 2008 credit disaster and the devastating crash that followed. Three developments lie at the heart of this disturbing analysis: spectacular growth in the sale of second mortgages, car loans and credit cards." I would heartily agree with these comments as this is my experience too. But what the article fails to say is that the UK is not alone in this debt bubble - once more it is a Global issue.

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

Advanced Oncotherapy – just what are the terms of the Bracknor funding?

AIM-listed Advanced Oncotherapy (AVO) has this morning announced another conversion of death-spiral loan notes by Bracknor. That is not news – there have been plenty already and there are many more to come. But for the third time in succession we seem to have different terms being applied. Surely it is time for the company to tell the market what is going on?

5 days ago | By Tom Winnifrith |

Malcolm Stacey misquotes me but is wrong about Inmarsat anyway - don't fight the tide

Malcolm Stacey is old enough to know about King Canute. In fact he is so old that he was there as a boy when the King sat in his chair on the beach and attempted to turn back the tide. Malcolm surely you remember the day as if it was yesterday? In which case why do you forget this valuable lesson when it comes to Inmarsat (ISAT) and your article today in which you misquote me and get it wrong in so many other ways.

1 hour ago | By ShareProphets |

The May edition of the UK Investor Magazine is live - Tips, UK Investor Show photo feature, and the the end of the EU

The May edition of the UK Investor Show Magazine is live featuring three share tips from Gary Newman, the Greek meltown is worse than everyone thinks, and the EU is not fit for purpose plus a photofeature from the 2017 UK Investor Show.

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1 hour ago | By Tom Winnifrith |

New Bulletin Board Moron of the week sponsored by Granny Snuffs & Wildes

The nauseating Mail on Sunday fawned upon Pippa Middleton and her ghastly family as they celebrated the "wedding of the Year"Bring on the revolution! But perhaps the real wedding of the year should be between our two very own in-house Bulletin Board Morons GrannySnuffs & Wildes who seem made for each other. can you find examples on the LSE Asylum, iii, ADVFN or twitter of comments more idiotic than those of our own dream team? If so post in the comments section below, the deadline is midnight Sunday 28th May.

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2 days ago | By Steve Moore |

Petrofac – shares crash further on update on SFO investigation

An “Update on Serious Fraud Office Investigation and Board Change” announcement from Petrofac (PFC) sees the shares currently crashing further in response...

1 day ago | By Tom Winnifrith |

BREAKING: Shamed Ramper Roger Lawson "departs" ShareSoc after bust up with chairman

So why did disgraced Roger "Ramper" lawson finally leave ShareSoc? Oddly the campaigning group has yet to make a statement on the sudden departure of shamed Lawson. Was he caught using the ShareSoc twitter account to send vile messages to settle personal scores again? Was he caught ramping frauds and other shares in which he had undisclosed holdings again? Was he caught smearing fraud busters whose activities hurt his portfolio again? er ...no.

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21 hours ago | By ShareProphets |

Not all our share tips give readers 12 day profits of 77% some take longer - catch next hot tip TODAY for just £5 + the Falanx excitement and will we make another 100% on Obtala

Four times in the past three or four months we have advised our readers to bank big gains on shares we tipped - the one before the one before last was a 77% profit (offer to bid ) in just 12 days. But though we target quick gains, most tips take rather longer to make money for our readers. take Falanx (FLX) we tipped it last year at a 4.75p offer - it is a solid cashed up fast growing cyber security play. We like it so much we own a few shares too but won't be selling any of them till after our readers bank big gains. The shares are now 9.5p -10p! That is a potential 100% offer to bid profit!

1 day ago | By Tom Winnifrith |

PCGE - valuation crackers

I am innundated with lunatics and spivs tweeting me that shares in PCG Entertainment (PCGE) are cheap. It is the ramp de jour among the Bulletin Board lunatics. But at 0.15p the valuation is bonkers. Let me explain.

2 days ago | By Tom Winnifrith |

Arian Silver: Pump & Dump, Mislead Investors, Executive Greed - why do I bother?

A chap for whom I have some time some of the time asked me why bother sticking it to Arian Silver (AGQ), a worthless piece of crap on AIM. Will it make any difference to the charade, to the game which sees userless tossers like Arian's CEO Jim Williams get ever richer, crony capitalists earn fat fees and investors get buggered again and again and again. No. My writings won't change that. And the chap is right in that it will just make a few more pathetic wretches who would rather lose money than accept the truth hate me. Yup. He is right. 

1 day ago | By HotStockRockets |

Kefi Minerals - revised DFS published - look at NPV! BUY

Kefi Minerals (KEFI) has published a new DFS ( Definitive Feasibility Study) for the Tulu Kapi project - its first since 2015 and its last before it completes its financing needs and heads towards the construction of an open pit gold mine in Ethiopia.

24 hours ago | By Tom Winnifrith |

Billing Services - another Jim Mellon backed AIM disaster: don't go bottom fishing

Oh dear, this has all the makings of another AIM disaster for my good friend the offshore based asset stripper Jim Mellon. But look on the bright side Jim, you have probably lost far more of your wealth with HK dog Regent Pacific, whose shares continue to tank in an alarming fashion. Anyhow, back to the home grown disaster stories. Shares in Billing Services (BILL) are down again today to 2.875p valuing this company at £8.1 million. that looks awfully generous.

1 day ago | By HotStockRockets |

Amryt - Very Upbeat AGM - upgrade ahead??

Amryt Pharma (AMYT) held its AGM yesterday and the statement seems to hint that forecasts are going to have to be raised. It is a very bullish statement indeed. The company states:

2 days ago | By Steve Moore |

Proxama – not just “New Contracts”, but new “revenue generating contracts”. Ooooh…

Having recently concluded on Proxama (PROX), the explicit inclusion of “should it require further working capital” suggests to me it very much will, I note an announcement today that the company “is pleased to announce four revenue generating contracts for its Proximity Marketing and Data Division”“Revenue generating” rather than any useful financial information hey? And an ‘RNS Reach’ (i.e. not regulatorily significant) announcement hey? Ramptastic!...

1 day ago | By Malcolm Stacey |

Biffa Is not For Bears and Shareholders Could Have a Beano

Hello Share Swillers. Apparently we all like the idea of our waste not being wasted. Most of us religiously sort our recyclable rubbish from the non-recyclable into the correct bags and containers. And it’s this liking for not wasting our waste which a company called Biffa (BIFF) thrives upon.

1 day ago | By Nigel Somerville |

Servision – great news for Cynical Bear’s Sub-Standard Shockers XI

You really do have to feel sorry for Cynical Bear. One minute he has a fully fit squad to choose from and then one by one they drop like flies, either with fitness issues or just simply keel over. I’d been getting a bit concerned that he’d struggle to put out a full team, but out of the blue there is good news for him. No need to turn to the back pages of the tabloid press for the big stories of sporting drama, we have it all here at ShareProphets: AIM-listed Servision (SEV) is to put in a transfer request. 

2 days ago | By Tom Winnifrith & Steve Moore |

Sanderson Group – interim results and management chat

November 72p offer price share tip, Sanderson Group (SND) has announced results for its half year ended 31st March 2017 and that it has “a good level of confidence that the group will continue to make further progress and deliver trading results in line with market expectations for the current year”.

21 hours ago | By Steve Moore |

Plastics Capital – placing to help “satisfy increasing demand”, but also dividends ‘suspended’. Hmmm…

“Placing to raise £3.74 million” announcement from Plastics Capital (PLA), including to enable it “to satisfy increasing demand for the group's products and thereby accelerate organic growth”. With also a relatively limited 4.5% discount to the prior 122.5p closing share price, sounds reasonable enough. But what’s that? It is to “be augmented by the decision of the board to suspend dividend payments for at least the next two scheduled payments”. Hmmm...

1 day ago | By Steve Moore |

Portmeirion Group – AGM update sounds encouraging, but how so is it really?

An “AGM Statement” announcement from Portmeirion Group (PMP) commences that total group sales are up 26% for the four months ended 30 April 2017 relative to the same period last year” and includes “pleasing performance of the company to April 2017”. Sounds encouraging…

24 hours ago | By Steve Moore |

21st Century Technology – from “good” recent progress in December, to now-stated “poor” second half 2016 financial performance!

Fleet and passenger systems company 21st Century Technology (C21) has, tardily, announced results for the 2016 calendar year, though with CEO Russ Singleton emphasising “we made real strides last year with major framework renewals, organisational restructuring and innovative new sales”. Sounds promising. However...