The May edition of the UK Investor Magazine is live - Tips, UK Investor Show photo feature, and the the end of the EU
British Airways- why I was not flying Saturday: an ex customer writes about it and the journalists it bribes
Published 3 days ago
A “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...
Published 6 days ago
The sold-out success that was the 1st April 2017 UK Investor Show again saw five 'Dragon's Den' sessions where a number of CEOs each gave a pitch and three Dragons each picked one stock for a £1,000 investment. How are they faring so far?...
Published 10 days ago
Commenting yesterday on the “Launch of Google Assistant voice control” ramparoonie (Oops) RNS announcement from LightwaveRF (LWRF), I suggested it clearly currently remains cash burn ahoy, with results for the six months ended 31st March 2017 following today…
Published 35 days ago
Goals Soccer Centres (GOAL) has admitted “preliminary discussions” with key rival Powerleague on “combining the two businesses”, though emphasises that is “but one of the strategic opportunities currently being assessed by the Goals board”…
Published 40 days ago
Lombard Risk Management (LRM) has updated that it anticipates exceeding analyst consensus expectations for its year ended 31st March 2017 and “remains confident” looking ahead. What’s that though expected to be “in the region of £2.4m to £2.8m”? “Adjusted EBITDA”. Hmmm…
Published 46 days ago
Engineering and technology recruitment company, Gattaca (GATC) has updated that “the board has reviewed its outlook for the remainder of the year to 31 July 2017 and now believes that profits for the year will be approximately 10-15% below its prior expectations”. Uh oh…
Published 56 days ago
The sold out success that was the 2017 UK Investor Show again saw five 'Dragon's Den' sessions where a number of CEOs each gave a pitch and three Dragons each picked one stock for a £1,000 investment. Following 2016's picks, what were 2017's?...
Published 56 days ago
Hello Share Swiggers. As I write this, the share I love is once again putting on more value. However, City of London Investment Group (CLIG) can sometimes be in the opposite camp.
Published 130 days ago
In a rash move yesterday, while wandering around "the book town" of Hay on Wye I splashed out £100 on an investment which my father is not so sure about but I reckon is a winner. Having checked a few websites overnight I reckon I am 30% ahead on my trade already but I am holding this as over 20 years it will be a multibagger.
Published 144 days ago
Sports nutrition company Science in Sport (SIS) has made a “Pre-Close Trading Update” announcement commencing that “sales increased 30% to £12.24 million in the 12 months to 31 December 2016”. Sounds promising, what about profitability?…
Published 168 days ago
Orosur Mining (OMI) remains one of my favourites amongst the small gold miners listed on AIM, and I now hold shares in the company myself, hopefully awaiting a turnaround in the price of gold.
Published 174 days ago
Having fallen towards 1p after being above 5p as recently as May, shares in Imaginatik (IMTK) are currently recovering to around 2p on the back of results for the company’s half year ended 30th September 2016…
Published 186 days ago
A trading update for the six months ended 30th September sees innovation software and consultancy company, Imaginatik (IMTK) “confident we have the foundations in place for future success”. Investors though don’t seem as confident – the shares currently remaining slumped at around 1.6p...
Published 200 days ago
Even with all of the other craziness in the markets, the ridiculous share price rise in Mosman Oil and Gas (MSMN) still managed to stand out!
Published 227 days ago
Having recently cancelled its full-year dividend after the ex-dividend date, specialised plastics company Carclo (CAR) has now announced an acquisition! (along with a trading update and placing)…
Published 242 days ago
An AGM trading update from UK agricultural and distribution group NWF (NWF) includes that “the board's outlook for the year remains in line with its expectations”. The shares are currently 5% lower, at sub 150p, in response. Hmmm…
Published 260 days ago
Tern plc (TERN) investee company Cryptosoft Ltd as was (now Device Authority Ltd) has filed its accounts for the fifteen-and-a-bit months to Dec 2015 and the picture painted is not pretty. Nor is the cross-match (or lack of it) to the accounts of (then) majority owner Tern plc. Call me a pedant, but surely the investment by Tern into the share capital of Cryptosoft at period end should not exceed the total of share capital and share premium, should it? Oh, and then there were a few balance sheet issues.
Published 272 days ago
Hallelujah, Craven House Capital (CRV) has announced its first investment in years but, as ever, it raises a host of questions, but I think I’ve worked it out. It’s just one of those summer romances that looks great under the holiday sun but less so on under a grey, autumnal sky. I didn’t take Mark Pajak for a Shirley Valentine character!
Published 285 days ago
Provider of innovation software and related professional services to large and medium-sized enterprises, Imaginatik (IMTK) has announced results for its year ended 31st March 2016 and states it is “pleased with the growth achieved in the year and the underlying progress within the business”. The shares are though currently a further more than 6.5% lower, at 1.75p. Hmmm…
Published 294 days ago
“Utilitywise (UTW), the leading independent utility cost management consultancy, today provides an update on trading for the year ended 31 July 2016. The group expects to report significant revenue growth in the period with revenues of at least £82m (£69.1m 2015)”. Sounds promising, so why are the shares currently a further 6.5% lower, heading towards 133p? ...
Published 300 days ago
Hello Share Bunnies. I have to admit that my heart lurches every time I hear the name ASOS (ASC), the big on-line clothing store which used to be called As Seen On Screen. Maybe it still is, but the name, which was so up-to-the-minute when the company started now seems dated, as so many retailers are also online now.
Published 305 days ago
FastForward Innovations (FFWD) issued an after-hours RNS yesterday at 4.59pm announcing its next investment. Surely it wasn’t embarrassed by it? Let’s take a look.
Published 325 days ago
Commenting on today-announced results for the company’s year ended 30th April 2016, Ilika (IKA) Chairman, Mike Inglis, notes “since my appointment as Non-Executive Chairman at the AGM last September, I have been very encouraged to see the technical progress and increased commercial focus at Ilika. The definition of a clear solid state battery roadmap and the launch of the Stereax M250 have been important milestones on the road to commercial success”. The following reviews with the shares currently more than 14% lower, at 45p…
Published 327 days ago
A strangely timed (8:01am) “Trading Update” from technology group “specialising in solutions for the capture, management and delivery of high quality video for the broadcast and surveillance and public safety markets”, Vislink (VLK). Hmmm…
Published 333 days ago
I kid you not: this company has been on the Casino since joining in June 2010 as an investment company with assets of about £3 million and has never invested a cent. Yesterday, ShareProphets AIM-China Filthy Forty company Northwest Investment Group (NWIG) released results for calendar FY15: it still hasn’t invested a cent. But the money is disappearing.
Published 347 days ago
Purplebricks (PURP), the hybrid online and 'local property expert'-based estate agent, has announced results for its year ended 30th April 2016, noting that “we continue to scale and anticipate that the UK business will move into profit in the current financial year” and that it is to launch in Australia. With the shares currently slightly lower, at 130p, in response, the following reviews…
Published 349 days ago
Time Out (TMO), founded in 1968 as a London culture and entertainment magazine, has listed on AIM at 150p per share, to capitalise the group at £195 million. Founder Tony Elliott sold a controlling share to private equity firm Oakley Capital in November 2010 with the “strategy to transform what was a traditional print brand into a leading digital platform”. Apparently Oakley “invests in and supports the continued growth and development of some of Europe’s leading companies”. Financially, this ain’t one of them…
Published 349 days ago
Innovation-focused consultancy and software company, Imaginatik (IMTK) has announced completion of a placing it believes, together with an accompanying open offer, “will be sufficient to take the company to the stage where it is generating net positive cashflow”. Hmmm...
Published 354 days ago
This morning AIM-listed investment company Tern (TERN) released an RNS entitled “Acquisition”. In fact the news was that the previously announced acquisition on Flexiant Ltd is all off, at least for now. This raises a few questions.
Published 897 days ago
It is hard to resist looking at a share in a company which looks as though it will prosper despite all its manifest shortcomings and disadvantages. It is of course Group 4 Services (G4S) which I have made money in as a counter - or otherwise - intuitive trader; the shares lacking too much in the way of fundamental attractions to be called a proper investment.
Published 1001 days ago
Having noted in its results earlier this year that “our development team has continued to develop the FileFinder product, and has delivered performance and functionality improvements since launch. The division expects to make an important product related announcement later this year”, shares in recruitment software group Dillistone (DSG) are currently approaching 3% higher, at 105.5p. This is on the back of the new product announcement. I provide an update in the following.
Published 1022 days ago
The shares of GKN (340p last seen) were as high as 468p in May having fallen back an impressive 27 %. After the drop it is worth revisiting the logic for investing here. The reason for buying the shares hitherto was twofold: first the recovery in the world automotive industry (more than 46% of GKN Group sales are accounted for as supplying the world’s auto industry) and second the management’s strategy of building up the Group’s aerospace business by acquisition, taking the company into more growth prospect and better margins; considerably higher than in vehicle manufacture. However does this logic now bear up to scrutiny in light of recent performance?