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Carclo – ‘exceeded expectations’ trading statement arguing “now enjoys a strong financial foundation”, fooling itself or trying to fool everyone else?
Previously on components company Carclo (CAR), in July last year with the shares at 12p I asked can it really now “approach the future with unwavering optimism”?, concluding still funding risks and a below £9 million market cap far from provided ‘unwaveringly positive’ equity funding options. The shares are currently slightly above the level of then, though only after a more than 70% rise today on the back of a trading statement – so how good is that?
- By Steve Moore |
- 3 hours ago |
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Tom Winnifrith Bearcast: Farewell and RIP Miles Stuart-William
Just sixty, a true City gent, it makes you think. I then comment on Anglo American (AAL), Darktrace (DARK), World Chess (CHSS) and Regtech Open (RTOP) and its new auditors and on Victoria (VCP)- By Tom Winnifrith |
- 4 hours ago |
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Thruvision – trading update emphasises expects to “reach profitability in the short-term”. Hmmm, how short is the term?…
Previously writing on self-described “leading international provider of walk-through security technology” Thruvision (THRU), in November with the shares at 20p I questioned ‘a robust base from which the group can profitably grow’. So what of today a trading update and the shares currently at 17.5p?
- By Steve Moore |
- 6 hours ago |
Video: We are Experiencing Precious Metals History
Writer Christopher Aaron notes that although gold prices saw a spike due to recent events between Iran and Israel, they gave back most of the gains shortly after. So is the bull run over?- By Tom Winnifrith |
- 6 hours ago |
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Ariana – More Thoughts On Yesterday’s Surprise Move
I’ve been chewing over the announcement yesterday by AIM-listed Ariana Resources (AAU) which is to takeover Rockover Holdings, the owner of the Dowke Gold project in Zimbabwe. There are a few salient points here.- By Nigel Somerville |
- 6 hours ago |
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Tom Winnifrith Bonus Bearcast No 2 - a long Zoom call with Kerim Sener and buying more Ariana shares
My hands really are playing up today with the old Carpal Tunnel Syndrome. I shall be seeing the Shipmans later today. So there will be three podcasts today as I explore more complicated subjects where i just cannot knock out 3000 words right now! Second up, I bought more shares in Ariana Resources (AAU) last night and today enjoyed a long zoom call wit Kerim Sener, its CEO. I hope this podcast puts some of the canards doing the rounds to the sword and explains why I am so enthusiastic.- By Tom Winnifrith |
- 8 hours ago |
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Fresnillo – Q1 production ‘in line with expectations’, sector recovery-underway Buy
Metals miner from Mexico, Fresnillo (FRES) has announced that it has started 2024 with production performance in line with expectations and a focus on the advancement of its growth pipeline. With also an improving sector environment, we look for further upside from a current 580.5p share price.- By Tom Winnifrith & Steve Moore |
- 9 hours ago |
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Tom Winnifrith Bonus Bearcast No 1 - the case for Renationalisation
My hands really are playing up today with the old Carpal Tunnel Syndrome. I shall be seeing the Shipmans later today. So there will be three podcasts today as I explore more complicated subjects where i just cannot knock out 3000 words right now! First up renationalisation of rail, water and anything else. The zeitgeist is to do it but the crowd and the GroupThink are wrong. I reference this article by myself on water supply in Cape Town.- By Tom Winnifrith |
- 9 hours ago |
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Volex – a trading resilience BUY
We have previously been positive on shares in power and data transmission products company Volex (VLX), but recently were concerned about industrial markets conditions and that looks to have also been more widely so with the shares down from heading to 500p in 2021 and 335p just last year. However, a recent trading update has reassured and suggests that there is good value from a 303p offer price.- By Tom Winnifrith & Steve Moore |
- 10 hours ago |
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Investment Evolution Credit from mad to worse, more whacky backy for Liam Murray
It does seem as if Investment Evolution Credit’s (IEC) US Website at Mr Amazing Loans is now functional so it is no longer lying about being able to make loan shark loans in 6 US states. But it did lie and Liam Murray at Cairn Financial and Aquis Regulation turned a blind eye. Having signed off on this nonsense from Catenai (CTAI) yesterday Liam took another drag from the hookah and approved a news release from Investment.- By Tom Winnifrith |
- 10 hours ago |
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Vianet – emphasises contract win & trading momentum, but how much is already priced-in?…
I previously wrote on Vianet Group (VNET) towards the end of 2022, concluding cautiously with the shares at 63.5p though noting I’d monitor for trading momentum and cash generation swings. The shares were at the same level at the end of October last year but have risen significantly since and currently further today to 116p on the back of “Contract Win” and “Trading Update” announcements. How’s the group’s trading momentum and cash generation now?
- By Steve Moore |
- 1 day ago |
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Ariana – Surprise!
AIM-listed Ariana Resources (AAU) offered up a big surprise this morning – it is to buy Rockover, the owner of the Gold mine in Zimbabwe that Ariana already had a small hand in already. Generally I don’t like surprises and was somewhat taken aback by the news.- By Nigel Somerville |
- 1 day ago |
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Tom Winnifrith Bearcast: What Argo Blockchain hides in the small print
I start with a point of order for one of you who really is a prick. Then I look at Anglo American (AAL), Jubilee Metals JLP), have a few more words on Ariana (AAU),Catenai (CTAI), Destiny Pharma (DEST) and Argo Blockchain (ARB)- By Tom Winnifrith |
- 1 day ago |
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Kromek – ‘pleased to receive’ new nuclear security contract, how pleasing really is it though?…
Kromek Group (KMK) has issued a “new Nuclear Security contract” announcement headlined “Kromek receives new Nuclear Security contract from US federal entity. New contract worth up to $2.9m over two years” and the shares have currently responded more than 9% higher to 7.65p, an above £49 million market capitalisation. However, what does “worth up to $2.9m over two years” actually mean currently for a self-described “leading developer of radiation and bio-detection technology solutions for the advanced imaging and CBRN detection segments”- By Steve Moore |
- 1 day ago |
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Catenai – this is bonkers: Liam Murray on the funny fags again?
Sub scale investment company Catenai (CTAI) was meant to surf the AI wave following its latest exercise in rebranding and bandwagon jumping. Today it has announced a non AI, related party, deal which is almost criminally insane.- By Tom Winnifrith, the Sheriff of AIM |
- 1 day ago |
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Trifast – “expected to be marginally ahead of guidance”. Er, that which was massively downgraded since its half-year?…
Industrial fastenings and components company Trifast (TRI) has issued a trading update including that its “revenue and profitability for the financial year ended 31 March 2024, are expected to be marginally ahead of guidance indicated in the announcement of 22 January” and that it is confident that a consolidation into a UK National Distribution Centre will enable it “to rebuild revenues with a much higher level of efficiency and gives the UK business a stronger platform to benefit from demand recovery in the short to medium term”. So what of a share price currently up to 80p in response?- By Steve Moore |
- 1 day ago |
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Tern: is this an admission that it deceived investors (again) on 12 April?
If sub-scale investor in useless companies Tern (TERN) stated that 2+2 =4 I’d ask for that claim to be independently verified such is the way that over the years it has played fast and loose with the truth. On April12 it raised £420,000 gross in a deeply discounted post ramp placing at 2.4p and stated:- By Tom Winnifrith, the Sheriff of AIM |
- 1 day ago |
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Tom Winnifrith Bonus Bearcast: the Ariana Zimbabwe merger and M&A activity among gold miners, is it yet a frenzy?
The podcast is what it says on the tin. I consider the Ariana (AAU) deal as a shareholder but also a Zim sceptic and explain a new price target.- By Tom Winnifrith |
- 1 day ago |
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Dispensa the last rats jump: a preview of how the frauds Supply and Regtech will fail
The Alessandro Zamboni/Dominic White stockmarket empire of fraudulent and piss poor companies is crumbling. The first to head to the executioners’ block is Dispensa (DISP), formerly Zamaz where things are moving rapidly.- By Tom Winnifrith |
- 1 day ago |
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James Parsons given the order of the boot – Coro suspended: and there is more to come
Once upon a time James Parsons appeared to walk on water. Folk like Brokerman Dan waxed lyrical about how the Parsnip could create value from nothing. Zak Mir’s charts looked great. They always do. In reality it was all a great promote and the castle built on sand that was Sound Oil/Energy (SOU) crashed to earth. Today shareholders in Coro Energy (CORO) have voted Parsnips off its board and its shares have been suspended. I can reveal that worse is to follow…- By Tom Winnifrith |
- 1 day ago |