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Pod Point – “pleased to announce… ahead of guidance for revenue and adjusted EBITDA”. Er, what about the initial guidance though?!
Describing itself as “a leading provider of Electric Vehicle charging solutions in the UK”, Pod Point Group (PODP) states that it “is pleased to announce… audited full year results for 2023, which are ahead of guidance for revenue and adjusted EBITDA… 2024 guidance has been maintained for revenue, adjusted EBITDA and closing net cash”. With how creditable such performance is, of course, depending on how demanding the guidance is, how ‘pleasing’ is the position here?- By Steve Moore |
- 10 hours ago |
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Tom Winnifrith Bearcast: Has Leon at Jubilee slipped up one time too many?
In today's bearcast I start with the economically inactive, shutting rubbish universities, welfare reform and other matters. Then it is Sareum(SAR), Gunsynd (GUN), Rentokil (RTO) and Jubilee Metals (JLP).- By Tom Winnifrith |
- 10 hours ago |
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Tharisa – Q2 update, still a recovery Buy
Producer from the Bushveld Complex in South Africa, Tharisa (THS) has announced a second quarter of its year to 30th September 2024 update including that its performance means it is “on track to meet guidance” for the full-year of 145koz-155koz PGMs (6E) and 1.7Mt-1.8Mt chrome concentrates. Is that good news from a current around 66p share price?- By HotStockRockets |
- 11 hours ago |
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Imperial Brands – half-year trading update, a value Buy?...
Imperial Brands (IMB) has issued a trading update emphasising “first-half adjusted group operating profit ahead of H1 2023 on constant currency basis… Confident of meeting full-year expectations and our guidance of growing net revenue and delivering a step-up in adjusted operating profit growth”. This sounds like good news from an around 1700p share price.- By Tom Winnifrith & Steve Moore |
- 11 hours ago |
Video: Will the Dollar or Bond Market Be Sacrificed First in the Next Crisis?
Veteran gold markets operator Simon Hunt is, naturally, a bull of gold but very bearish on the state of the world.- By Tom Winnifrith |
- 12 hours ago |
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Home REIT – surely it is having its cake and eating it as lawyers letters fly
When the bear raider Fraser Perring exposed Home REIT (HOME) its response was to brief against him and to issue an RNS denying the veracity f what he had claimed. In due course it had to admit that in fact Fraser was correct. Home had thus misled investors in a monstrous way. Never missing a good opportunity for a spot of ambulance chasing, lawyer Harcus Parker is on the case.- By Tom Winnifrith |
- 12 hours ago |
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CyanConnode – appointment of a joint broker “with immediate effect”. Why might that be?
Describing itself as “a global leader in Narrowband Radio Frequency Smart Mesh Networks”, CyanConnode (CYAN) states that it “is pleased to announce the appointment of Panmure Gordon (UK) Limited as its joint broker with immediate effect”. Now why might that be?- By Steve Moore |
- 12 hours ago |
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Horse Hill – time for Pennpetro and UK Oil & Gas to ‘fess, the farm in is not going to happen!
David Lenigas warned us all, back in the days when he was promoter in chief at UK Oil & Gas (UKOG), that he was terrified that a foreign multinational would swoop in to buy Horse Hill, the Gatwick Gusher. Those dirty foreigners need to be kept away from this national treasure insisted Mr Lenigas. Wind forward a decade…- By Tom Winnifrith |
- 14 hours ago |
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Zenova – broker and auditor changes, yet more red flags!
A “Change of Auditor and Appointment of Sole Broker”-titled announcement today from fire prevention and extinguishing products group Zenova (ZED) currently sees the shares down to 1.5p. With they having been 2.65p just last month, what’s the outlook here?- By Steve Moore |
- 14 hours ago |
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Swanny wants boardroom change – EGM called for Chill Brands
There are suggestions that Jonathan “kiss of death” Swann saw management accounts at Chill Brands (CHLL) and was panicked by how bad they were into calling an EGM to sack chief commercial officer Antonio Russo and chief operating officer Trevor Taylor. As he bought shares the other day that would have been insider dealing. So, I’d bet the ranch that Swanny has not seen the numbers but you don’t need the brains of Lloyd George to know they will be shite.- By Tom Winnifrith |
- 17 hours ago |
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It’s time to book your seats at Sharestock 2024 on September 7, now 50% sold out
As of today half the seats for the third Sharestock event on 7 September are now booked. If you have been before you know why but this year’s event will be bigger and better than any yet. Here is why you should make sure you have a seat HERE today.- By Tom Winnifrith |
- 1 day ago |
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Touchstar – 2023 results, “another period of improved financial performance” so why the share price fall in response?...
Mobile data computing and managed services provider to industry, Touchstar (TST) has announced results for the 2023 calendar year headlined “Strong operational delivery in 2023 has resulted in another period of improved financial performance”. So what of a share price currently more than 6% lower to below 90p in response?- By Steve Moore |
- 1 day ago |
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Tom Winnifrith Bearcast: I just don't see the attraction of ASOS
I start with the Mrs admitting that the BBC and the Met Office might just be lying and putting on the heating. Phew. Then it is onto Ferrexpro (FXPO), Surface Transforms (SCE), Nightcap (NGHT), Novacyt (NCYT) and, in detail, ASOS (ASC).- By Tom Winnifrith |
- 1 day ago |
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Inspecs – 2023 results state “continuing to perform well”. Er, what about the end of year profit warning?!
Describing itself as “a leading designer, manufacturer, and distributor of eyewear”, Inspecs Group (SPEC) has announced results for the 2023 calendar year including noting that it “delivered record sales” and that “the progress that we have made in 2023 is now delivering increased distribution of our brands to both key accounts and our independent markets. Whilst consumer markets in Europe remain subdued, our businesses are continuing to perform well”. With the shares currently responding up to above 50p, just how well is it “continuing to perform”?- By Steve Moore |
- 1 day ago |
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EXPOSE: Wyld – why is Tern exercising fewer T04 warrants than Jonathan Swann when it claims it has a much larger shareholding?
Today, joke company Wyld issued a Press release announcing, “that major shareholders in the Company, and members of the board of directors and management that hold warrants, have informed the Company that they intend to exercise all their warrants of series TO4.”- By Tom Winnifrith |
- 2 days ago |
Video: There is no bubble in gold
Trader Tony Greer from the Morning Navigator is bullish on gold, the S&P, industrial miners, and uranium, while bearish on bonds.- By Tom Winnifrith |
- 2 days ago |
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I'd be amazed if the GCM Resources Phulbari project ever gets sanctioned given the impact on the environment and local people - avoid
I’ve never been a fan of Bangladeshi coal miner, GCM Resources (GCM), so noticed that it suddenly seems to be popular again on various social media platforms, as often seems to occur every couple of years.- By Gary Newman |
- 2 days ago |
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Surface Transforms – “2024 Sales Outlook” down from just last week! And what about the balance sheet position that dare not speak its name again?
Manufacturer of carbon fibre reinforced ceramic disc brake materials Surface Transforms (SCE) has issued a “2024 Sales Outlook” announcement, including “sales are anticipated to grow by a minimum of 111% in 2024 and up to 165% compared to FY 2023 sales of £8.3m, resulting in a projected FY 2024 range of £17.5m to £22m sales” and that it is “providing this range of outcomes for the year, in response to shareholder request for "worst case scenarios". We remain committed to achieving the higher end of this range”. So why a share price currently further down to 3.5p in response?- By Steve Moore |
- 2 days ago |
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Oxford Nanopore from £3.7 billion at IPO to £846 million, I'm massively vindicated but is it still a short?
I was a bear at the 425p Neil Woodford backed IPO just 31 months ago. I was still a bear at 160p on February on 7 February this year. 10 weeks later the shares are just 94.4p. Even I did not see such a collapse. Is it time to close the short or is it time for Oxford Nanopore (ONT) to explain what is going on with an RNS.- By Tom Winnifrith |
- 2 days ago |
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The Supply@ME Capital and Regtech frauds see shares plunge to new lows, with endgame imminent does the Fat Lady speak Italian?
This morning shares in Regtech Open ( listed at 100p last August) trade at an all time low of 1.8p-2p with sod all volume. Shares in its sister fraud Supply@ME Capital (SYME) are now at an all time low of 0.025p having started their market career at well over a penny. So what next?- By Tom Winnifrith |
- 2 days ago |