Results

Sell Restaurant Group, 353p does not reflect the risks

Published 20 hours ago

Restaurant Group (RTN), owner of the Frankie & Benny's and Chiquito brands, has been struggling to turn itself around for a while now as it attempts to combat falling sales and somewhat tired brands.

Reach4Entertainment - 2016 results show growth, but there’s a sting in the tail

Published 2 days ago

Reach4Entertainment (R4E) has announced results for the 2016 calendar year and that “we are enthusiastic about the growth prospects that our new initiatives will bring”, although there is somewhat of a sting in the tail…

Petropavlovsk - Q1 2017 production results further boost shares

Published 2 days ago

Petropavlovsk (POG) has announced first quarter of 2017 production results supporting a level of production towards the top end of the 2017 forecast of 420,000-460,000 ounces of gold…

Petropavlovsk - 2016 results help shares higher: far more to go

Published 3 days ago

London main-market listed, gold miner in Russia Petropavlovsk (POG) has announced results for the 2016 calendar year, emphasising a return to profitability and a refinancing of bank debt - enabling it not to have to divest part of the value in its core organic growth development project, the POX Hub…

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

Published 5 days ago

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....

More Red Flags at BNN Technology

Published 7 days ago

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.

Action Hotels - disappointing (& late!) trading update, BUT...

Published 8 days ago

On 20th April 2017, Action Hotels (AHCG) updated on a disappointing 2016, as well as that “trading in Q1 2017 is solid”. Hmmm…

Video: The Bears Session at UK Investor Show 2017: Two well known stocks set to collapse

Published 10 days ago

In this video from the storming success that was the 2017 UK Investor Show, Graham Neary, Lucian Miers, Tom Winnifrith, Matt Earl, and Gabriel Grego select two well known stocks set to collapse. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

Alliance Pharma - once again a buy

Published 10 days ago

Specialty pharmaceutical company, Alliance Pharma (APH) is a previous successful share tip for us - recommended at 31p, with gains banked at 43p in 2015. However, there has since been positive development which looks inadequately reflected in a current sub 50p offer price and, noting also the continued presence of famed investors Nigel Wray and Slater Investments as major shareholders…

Veltyco - fundraise and proposed acquisitions. Hmmm...but BUY

Published 11 days ago

Veltyco (VLTY) has announced a €2.55 million subscription for new shares to fund two acquisitions which it argues represent “an exciting opportunity… to grow its business by building on existing online betting brands, using its expertise in online marketing combined with award winning sportsbook technology”

Norcros - full-year trading update boosts shares: BUY

Published 13 days ago

Supplier of branded showers, taps, bathroom accessories, tiles and adhesives, Norcros (NXR) has updated that year ended 31st March 2017 adjusted operating profit “is expected to be in line with the board's expectations” and that “the board is confident that the group is well placed to make further progress”

Chamberlin - positive trading update, a good share tip prospers

Published 14 days ago

Recent 105p offer price Nifty Fifty share tip, Chamberlin (CMH) has updated on trading – including that, following “a strengthened performance in the second half” of its year ended 31st March 2017, underlying profitability will be ahead of the prior year and “in line” with current market forecasts…

BNN Technology: Where does all that money go?

Published 14 days ago

BNN Technology (BNN) has duly announced its prelims for the year to Dec 2016. First of all: hats off to broker Mirabaud for finding punters willing to throw a further £25 million at the company on top of £51 million stumped up last year.

BNN Technology – placing “to fund exciting and transformational new developments”. Really?...

Published 17 days ago

Lucian Miers previously warned on BNN Technology (BNN) HERE and will update here in due course. But the following just takes a quick look at the numbers and placing the company has announced today...

BNN Technology - still hugely overvalued. Sell.

Published 19 days ago

I hadn’t heard of BNN Technology (BNN) until last Wednesday, when the shares tanked nearly 30% without any news, forcing the company to issue a statement to the effect that revenue was expected to grow this year, the prelims for year to Dec 2016 will be out before Easter and that the company was sitting on £28 million cash at the beginning of the year. I thought this warranted a closer look.

Bushveld Minerals: Do the Maths

Published 22 days ago

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.

K3 Results - no further nasties: Buy

Published 26 days ago

Updating previously on K3 Business Technology (KBT) in January, we noted a most disappointing profits warning. This is now reflected in announced results for the company’s half-year ended 31st December 2016 – about which we have now spoken to management…

URGENT! book your free tickets for Saturday - DEADLINE 2PM TODAY for postal seats

Published 31 days ago

The last postal mailing of tickets for THE investor event of the year is Thursday Morning. So to grab your seat and join 3,000 others who want to make money from shares ACT NOW!

ONLY FOUR days to go to THE event for anyone interested in making money from shares - BOOK NOW

Published 33 days ago

After Saturday's debacle in Islington, there is clearly just 1 major event to go to for those who want to make money from shares - UK Investor Show. To meet more than 120 growth companies and to hear the most amazing cast of speakers you have to be there on April 1 at the QE2 Centre in London. There is just one show to go to so BOOK NOW and join 3,000 other people who want to make money from shares.

Tom Winnifrith: The Top short sellers, bears and fraudbusters all together on April 1 - don't miss out

Published 36 days ago

You might hate bear raiders. You might think that short selling is unethical. But what you cannot argue with is that ignoring men such as Evil Knievil when they sniff out a fraud or accounting malpractice will cost you a packet. At last year's UK Investor Show the Country's top bears did a detailed presention on AIM darling Avanti Communications, one of the AIM companies most beloved by professional fund managers. Since that warning Avanti shares have collapsed by more than 90%. This year the bears have new targets.

A One Off: Meet and talk 1-2-1 with Nigel Wray, the man dubbed Britain's Buffett only at UK Investor on April 1

Published 40 days ago

Normally Nigel Wray turns up at UK Investor, talks and leaves. This year - our 15th anniversary party - is different. He will be there from start to finish and when not on stage that opens up a unique opportunity for those attending on April 1. For more than 40 years, Nigel , the man dubbed Britain's Buffett, has been a stockmarket legend for his ability to generate stellar returns not by wild gambling on mining punts or biotech start ups but by rigid value investing. Like the Original Buffett, the Sage of Omaha, Wray is a bottom up value investor who buys and holds. Would you like to know what he thinks is the cheapest share in London? Would you like a one to one chat with Nigel?

About bloody time ...good news from Petropavlovsk: buy

Published 44 days ago

Petropavlovsk (POG) has updated on its pressure oxidation hub development, with construction activities having fully resumed following bank debt refinancing.

Interquest Results - still a recovery buy

Published 45 days ago

Technology sectors-focused recruitment group, InterQuest (ITQ) has announced results from a “challenging” 2016 year of“transformation” following a change in executive management, though is “cautiously optimistic about 2017”.

Lucy Wray: UK Investor ticket update just 400 of 3000 left for April 1 - grab your free one NOW

Published 47 days ago

Time really is running out if you want to attend what is the country's biggest and most exciting one day event for those who are serious about making money from shares. UK Investor Show will be having a 15th birthday party on April 1 (no kidding) in Westminster, London. But as of today fewer than 400 of the 3,000 tickets are unallocated. So if you want to attend book one NOW!

Red Flags Still Fluttering at Mayair Group

Published 49 days ago

Back in August I suggested that Mayair Group (MAYA), which purports to provide clean air solutions in China might not be so different from other AIM listed China plays.

Symphony Environmental Results - more good news

Published 50 days ago

Symphony Environmental Technologies (SYM) has announced results for the 2016 calendar year and that “we expect to build on the positive momentum and are optimistic for a successful year ahead”.

Begbies Trading Statement - downgrade stance but sure don't sell!

Published 52 days ago

Business recovery and property services group, Begbies Traynor (BEG) has updated on its third quarter (to end January), including that “we are encouraged to see some (insolvency) market stability”.

F*ck Me! I agree with Roger "Ramper" Lawson of ShareSoc

Published 53 days ago

A busted clock and all that, Roger "Ramper" Lawson has posted something on the ShareSoc blog for his three readers which is actually bang on the money. Although it is written in his normal pompous and tedious style for once the sad old bastard is bang on the money. His comments refer to secret cautions by the FCA - a system which just does not work.

Two ways to play Avanti Coms insanity as the shares head for zero

Published 56 days ago

Poster child for the dogs on AIM heading for zero is Avanti Communications (AVN) which plumbed new lows this week with a dreadful H1 statement. For a supposedly maturing business to have interest expenses more than turnover is astounding. This is a product of its recent insane more-debt-for-debt swap.

Close the Cobham short

Published 57 days ago

The unbelievably benign state of the market was underlined this week by its generous reaction to bad news from Cobham (COB). On good news shares go up big time. On bad news, these days, shares just go up.

Tom Winnifrith: More than 150 reasons to attend the 15th Birthday Party at UK Investor Show on April 1: Book NOW!

Published 67 days ago

April 1 really is the date for the UK Investor Show which is now the 15th time that Nigel Wray, aka Britain's Buffett, and I have been involved in staging such an event. So it is a birthday party as well. And with MBN, the incredibly well regarded events management firm owned by Nigel's daughter Lucy, now in charge this will be a knockout event. Indeed here are more than 150 reasons why anyone serious about making money from shares must be there!

Cobham Profit Warning Number Five: The Jaguar and the Tree - sell at 115p

Published 71 days ago

The legendary bear Robert W Wilson once mused about his modus operandi: “I’m not interested in climbing into a tree and wrestling the jaguar out of the tree. I am interested in someone shooting the jaguar out of the tree and then I will go and cut the thing apart

Veltyco cracking update - increase targets

Published 73 days ago

Our 35p offer price share tip of Veltyco (VLTY) last month is looking good after another cracking trading update. There is more to come.…

Avanti Communications now just 18.75p to sell - but bonds tell you that it is still 100% too high! S&P alert.

Published 78 days ago

I am still boondoggled by the way that Avanti Communications (AVN) managed to get a refinancing away. You will remember that the cash guzzling satellites business which misses every operational target going was set to run out of what little cash it had left. Amazingly it persuaded its bond holders to agree to accept stacks of interest on its bonds in new ( equally worthless) bonds. And it got the institutional mugs to sign up for more bonds.

It’s Better to Travel than Arrive and Premier Oil has Arrived

Published 78 days ago

I resisted the temptation to short Premier Oil (PMO) a year ago, along with Afren, Gulf Keystone and Petroceltic as it was never in the same basket case league as that lot. I even hitched a brief ride North as it became clear that a wipe out was not going to happen. (In case I come across as arrogant or smug I should declare that I was short Hurricane Energy at the time which more than did for the Premier rise) 

What is the 1 share that Britain's Buffett says you must own? Find out ONLY on April 1

Published 79 days ago

If you had to bet the ranch on one share listed in London what would it be? I guess most of us would go for a FTSE 100 stock: Tesco, GlaxoSmithKline or maybe Shell. For the man known as Britain's Buffett, Nigel Wray, the answer is not a blue chip but a small cap. For that is how Wray has made his fortune taking large stakes in smaller companies such as Domino's Pizza when no-one had heard of them. 

Fox Marble - Oh Ye of little faith, stunning new Indian deal: Buy

Published 80 days ago

There were many who worried and sold. Oh ye of little faith, at long last Fox Marble (FOX) is starting to deliver real sales. We had news last week of a $300,000 order in the UK and Australia now there is a really big deal that has been announced.

Avocet is a testament to the powers of denial of mug punters - its a short

Published 83 days ago

I explained last week why I thought that shares in Avocet Mining (AVM) were worthless. That was without the knowledge that its Inata gold mine only has a shelf life of three years at the current gold price. The company stated as much on Thursday with the painful admission that cashflow from this period is “unlikely to result in full repayment of creditors”

Short sell Beowulf Mining

Published 85 days ago

And now I turn my eyes upon Beowulf Mining (BEM) whose shares ran up from 6p to 15p in January on hopes of an imminent greenlight from the local County Administrative Board (CAB) for permission to mine iron in its Kallak North project in Sweden.

Good News from Fox Marble - it makes a pleasant change

Published 86 days ago

Just a quick note following a “New Orders and Specifications” announcement from Fox Marble(FOX). Yes this is an upbeat statement. It had to happen one day!

We kid ye not! Cracking trading statement from Symphony Environmental: Buy

Published 88 days ago

Symphony Environmental (SYM) has updated that 2016 performance was ahead of expectations and announced the launch and UK listing in Wilko stores of d2p antimicrobial household gloves…

Petropavlovsk Trading update - buy

Published 89 days ago

Petropavlovsk (POG) has updated on 2016 production in-line with its revised guidance  (just) – and that it expects better in a 2017 year which should also see some transformative development. Good news, it is about time too.

Avocet Mining is a cracking short

Published 90 days ago

I wrote a while back about Avocet (AVM), suggesting that the share price fluctuations, which were linked to the fortunes of 1392 ounces of gold seized by workers at its Inata mine in Burkina Faso, ignored the fact that the company was essentially insolvent.

Sell Greatland Gold

Published 91 days ago

Greatland Gold (GGP) has been pursuing small - and almost certainly not economic - gold deposits in Tasmania since Adam was a boy. Every year it promises jam tomorrow, the shares are pumped up a bit and then it does a hugely discounted placing. Rinse & repeat. But suddenly it is the ramp de jour.

Buy Veltyco

Published 92 days ago

In the current market environment, it is rare to find an ‘ahead of expectations’, growing company on a low prospective near-term rating. However, that is the case with Veltyco Group (VLTY)

Nigel Wray & Tom Winnifrith: Join us on April 1 at UK Investor - our fifteen year party

Published 95 days ago

It is now fifteen years since Nigel Wray & Tom Winnifrith started doing one day investor shows together. The first was in a snow covered Westminster now they celebrate a decade and a half of working together with what will be the most spectacular event yet. It will be the biggest with 121 companies exhibiting on the day. There is the strongest ever speaker line up and a raft of free prize draws as well as a gift worth £18 for everyone attending. So with 50% of the 2,500 tickets already reserved hurry up and grab yours today!

Reach4Entertainment - very good trading statement indeed!

Published 95 days ago

Reach4Entertainment (R4E) has updated that it “expects to produce a trading performance slightly ahead of market expectations for the 12 months to 31 December 2016 at the EBITDA and profit before tax levels”, confirmed the appointments of two non-executive directors and added Finance Director, Linzi Allen, to the board.

Mitie Warns Again - A compelling Sell.

Published 98 days ago

I predicted in November that Mitie (MTO) would soon be issuing its third profit warning and that new boss Phil Bentley had every incentive to clear the decks and start afresh, demystifying the opaque balance sheet bequeathed to him by his prickly and defenestrated predecessor Ruby McGregor-Smith.

FDM great trading update but we say take profits

Published 100 days ago

Provider of IT consultants, FDM Group (FDM) has updated that a strong trading performance and favourable exchange rate movements see it now anticipating “full-year results ahead of its expectations” – and the shares have responded more than 9% higher to a current 624p ‘bid’ price. So not a bad tip from us...

A photo just for Lucian Miers

Published 101 days ago

When wandering around the book town of Hay on Wye a few years ago my father told my late step mother that "all the books here are by people no-one has ever heard of and are read by no-one". She took great pleasure in finding six copies of one of his books in the first shop they visited. Naturally dad was keen yesterday to see if I could see any books by him or any other relatives.

New sessions at UK Investor with Tom Winnifrith on Cloudtag and David Lenigas on Africa and UK Oil - new ticket offer

Published 102 days ago

We are delighted to announce that UK Investor Show will be running two new sessions covering two companies of massive investor interest. The show takes place on April 1 (no joke) in London and already boasts a top panel of keynote speakers including Britain's Buffett Nigel Wray, top fund manager Mark Slater, the Queen of Tech Vin Murria, the UK's top share blogger Paul Scott and the UK's oldest fund manager as well as top bears Lucian Miers, Matt Earl and from New York Gabriel Grego and the Sheriff of AIM, Tom Winnifrith.

PureCircle - sell the rally

Published 104 days ago

Purecircle (PURE), the purveyor of stevia products (plant based sugar substitutes) warned on January 5th that first half results for the six months to 31 Dec 2016 were likely to crash into a loss from last years $5 million profit.

Shoe Zone - buy on results

Published 106 days ago

UK value footwear retailer, Shoe Zone (SHOE) has announced results for its year ended 1st October 2016, that it has made a “solid start” to its current year and that “the board remains positive for the outlook of the group”.

Concepta gets EU ISO13485 accreditation for MyLotus shares at 18p set to hit 28p+ by easter

Published 107 days ago

Concepta (CPT) has announced that it has secured ISO13485 accreditation which is a key step in attaining its CE marking for its 'myLotus' product for unexplained infertility.

Writing to NOMADs. A New Year Resolution. First Off is Harvest Minerals.

Published 112 days ago

I have often grumbled about the inadequacies of the AIM NOMAD system which has always seemed to me to be an inherent conflict of interest. That is to say that NOMADs are expected to ensure that their client companies adhere to the AIM rules and given that they are paid by these companies, the temptation to ignore transgressions is irresistible, particularly given the reputation for inaction by the regulatory authorities.

Lucian Miers branded "internet troll" by Harvest Minerals as its uber-ramped shares slide fast

Published 115 days ago

In an article just before Christmas Lucian Miers explained very clearly why at 21.5p shares in uber-ramped harvest Minerals (HMI) were a slam dunk sell. He makes hard and valid points - including that a placement is looming - HERE. The shares are now 17.5p to sell. And so a loon has emailed Brian McMaster who runs Harvest and posted his reply on the LSE Asylum. Brian the ramper fails to answer Lucian's points, fails to deny that it is placing ahoy but instead brands Lucian an "internet troll." McMaster writes:

Stanley Gibbons - dire interims but...

Published 115 days ago

This is one of our worst share tips and also one of my (TW) worst investments of recent years. Collectibles group Stanley Gibbons (SGI) has announced further dire results - this time for the six months ended 30th September 2016 - though “is optimistic that the trading of the group is now beginning to reflect the giant strides made through the restructuring plan in a year of substantial transition” (including a completely new board of directors).

The ShareProphets 24 share tips of the year for 2017 in review - can you do better?

Published 117 days ago

Since Christmas Even the various authors on the ShareProphets website have been serving up at least 1 share tip for 2017 every single day. There are blue chips, small caps, buys and sells. And of course we also have our readers share tip prize contest for 2017 where the deadline to enter is midnight and where you can enter HERE. But what did our writers tip. As we prepare for the stockmarket to reopen on Tuesday here is a full recap:

Buy Character Group

Published 118 days ago

Following positive results at the start of December, shares in Character Group (CCT) went on to exceed 530p. However, following news of director share sales they slid to a 495p offer price at which point in December we tipped them to our readers on the Nifty Fifty website we run with Lucian Miers. The shares are now 510p and still a buy.

ShareProphets Share Tips of the year Number 22 - sell Plus 500 says Lucian Miers

Published 118 days ago

Lucian is still on his grand tour of Eastern Europe but before he left he told me his two sell tips of the year for 2017. The first, natch, was Cloudtag (CTAG) HERE. The second, at 384.5p, is Plus 500 (PLUS).

ShareProphets share tips of the year number 13, sell Cloudtag says Lucian Miers

Published 123 days ago

Lucian is off on a tour of Eastern Euroland but when asked what his top sell tip for 2017 was he was in little doubt - at almost any price the answer is Cloudtag (CTAG) with a target price of nil. Actually Lucian does not see the shares hitting zero. However...

Reach4Entertainment - breach of banking covenant update - this is good news

Published 124 days ago

Reach (R4E) flagged up in its FY numbers in May that it would probably breach banking covenants. It argued this was a technical matter of no concern but the shares slumped. We urged you to buy then.

Harvest Minerals: If it Looks too Good to Be True……..

Published 125 days ago

On the face of it, Harvest Minerals (HMI), whose shares have quadrupled since they switched horses from the ASX to the AIM Casino a year ago, seem like a cracking good investment.

Zytronic serves up good results - buy

Published 130 days ago

Recent share tip of ours Zytronic (ZYT) has announced results for its year ended 30th September 2016 and that its new “year has started well with orders, revenue and current trading ahead of the same period last year”.

Begbies Results - still a buy

Published 133 days ago

Business recovery and property services group Begbies Traynor (BEG) has announced results for its half-year ended 31st October 2016 and that “for the year as a whole, we anticipate growth in earnings, in line with expectations”.

Petropavlovsk and that global warming update - buy

Published 134 days ago

Petropavlovsk (POG) has announced results of its adverse weather-induced (are you reading Al Gore?) impact assessment at Andreevskaya East  – with both negative and positive outcomes.

Fox Marble warns again but we really do think this is the nadir

Published 136 days ago

Another day, another disappointing update from Balkans region quarrier Fox Marble (FOX) – with “the conversion of orders into delivered sales has taken longer than anticipated… leaving our estimated sales number for full year 2016 lower than expected”. We’ve now spoken to CEO Chris Gilbert.

Thoughts on the rout of the spreadbetting firms -a pair trade: buy IG sell Plus

Published 138 days ago

The Market reaction to last Tuesday’s news that the FCA was proposing stricter rules for CFD products was predictably savage. What surprised me was that IG Group (IGG) led the way with a 40% fall whereas Plus 500 (PLUS) fell “only” 27%. Since then IG has continued to weaken ( 470p at the time of writing) whereas Plus has rallied a little (373p ditto).

Lucian Miers writes to AIM Regulation re forward selling by L1 and Cloudtag market abuse

Published 140 days ago

Bear raider Lucian Miers has again challenged the Oxymorons at AIM Regulation to take swift and firm action against Cloudtag (CTAG) for market abuse but has also raised the issue of forward selling by death spiral provider L1 Capital. This is effectively running a naked short and should thus be illegal. Miers writes: 

Interquest another warning and another company chat

Published 146 days ago

A latest “Trading update” announcement from recruitment group InterQuest (ITQ) saw the shares fall to to circa 30p although with Jim Mellon upping his stake they are now 35p. We have had a long chat with the company’s Chairman Gary Ashworth.

Sanderson: results and company chat - buy

Published 147 days ago

Recent share tip, Sanderson Group (SND) has announced results for its year ended 30th September 2016 and, chatting to management, they remain conscious of macroeconomic risk but doesn’t currently detect any loss of confidence in the company’s areas of focus and are confident of making further progress.

Purecircle. Moving in the Right Direction - DOWN!

Published 148 days ago

I have never been a fan of Purecircle (PURE), particularly in 2012/13 when its shares rose six-fold from £1 to £6 on hugely overblown dreams of the potential of its plant based sweetener product to replace sugar and cure America of its obesity problem.

Petropavlovsk - very good news on debt: buy

Published 149 days ago

An easing of debt risk for Petropavlovsk (POG) has moved a significant step closer – with it announced that the company has received approvals for the refinancing of its entire bank debt of $529.8 million from its lending banks, Sberbank and VTB.

Petropavlovsk: Al Gore made it all up about global warming - buy

Published 151 days ago

As a climate change "denier" I have written elsewhere about how global temperatures are plunging not, as the BBC might lead you to believe, heading higher. You can see a recent article on that matter HERE. And thus Petropavlovsk (POG) serves up news from Russia which does not surprise me, but which might shock your average Guardian reader.

Norcros Interims - buy

Published 154 days ago

Supplier of showers, taps, bathroom accessories, tiles and adhesives with operations primarily in the UK and South Africa, Norcros (NXR) has announced results for its half year ended 30th September 2016 and that “with our strong brands, leading market positions and continued self-help initiatives focused on market share gain the group is well positioned to make further progress”.

Mitie Group is poised to go much lower

Published 155 days ago

There are few shrewder analysts of the Business Services sector than Matthew Earl, the man who called the demise of Connaught way before the herd, and more recently questioned the value of Mitie (MTO), suggesting a profits warning was on the way.

K3 - very strong trading update, we are more than 100% ahead but still a buy

Published 155 days ago

K3 Business Technology (KBT) has updated that “trading in the first four months of the new financial year is ahead of last year” – this in advance of a key selling period of the forthcoming weeks to the end of December.

Cloudtag Bulletin Board & Twitter Bigot of the day

Published 157 days ago

I never ceased to be amazed by how many shareholders in Cloudtag (CTAG) appear to think that homosexuality is a term of abuse. And also just how stupid these bigots and fantasists are as a species. It is almost as if this company has actively targeted the stupidest members of society. Anyhow here is a tweet from earlier...

Avocet Mining: A Rollercoaster Ride to Zero

Published 158 days ago

Gold miner Avocet Mining (AVM) has always been a bit of a rollercoaster of an investment since its 1 for 10 share consolidation in June, the shares have doubled, halved and then doubled again as punters have reacted skittishly to news from darkest Africa.

Today 2 PM ...TWO share tips from the "Maverick Tipster" - this is not about Donald Trump!

Published 163 days ago

I do not know about you but I am starting to feel a bit Trumped out. And I actually wanted him to beat crooked Hillary. But the papers and TV screens are just so full of the man, what he is doing and what it means for us all. Is the Donald good for shares or bad? What about gold? Or bonds? Or house prices? Or the chances of England winning the World Cup? The truth is that no-one really knows any of the answers... except that England won't win the World Cup.

Sirius Minerals - the fun only beginning: Shore Cap note

Published 165 days ago

If only to annoy Lucian Miers who must count his short of Sirius Minerals (SXX) and his betting on Crooked Hillary as among his two worst trades of 2016, I bring you the latest thoughts of broker Shore Cap. As ever all the usual disclaimers apply, that it is to say most brokers talk cock but maybe on this occassion Shore Cap does not. Over to the talkers of cock: 

Avanti hurtles towards the trap door

Published 167 days ago

Having seen Cloudtag (CTAG) demonstrate one of the golden rules of share trading here is another: run for the hills when a company starts messing with its creditors. Step forward Avanti Communications (AVN). 

Cloudtag - Do what Bruce says and run to the hills

Published 168 days ago

Any lingering doubts that may have been harboured by bears of Cloudtag (CTAG) were dispelled last week by its tacit admission that it had misled the market earlier in the year when it boated of a firm $5.2 million sale to be completed this year, which has now turned out to be a phantom as predicted.

Why I stay short of Avocet

Published 178 days ago

I see that Avocet Mining (AVM) which I warned in May and August this year imploded the other day as it admitted that insolvency could be looming. If, like Xcite (XEL), about which I wrote the other day, it does enter administration, the shares are still a compelling sell. This, I believe is by far the most likely outcome and I stay short. The company's words in the recent statement are explicit:

Petropavlovsk: Debt refinancing (good) news - Buy

Published 180 days ago

Updating last month on Petropavlovsk (POG), we noted debt risk but reassurance that “key terms have been agreed in principle for the rebalancing of the group’s debt maturities with its production profile”. The company has now further updated – including that it“expects to be in a position to confirm details of the refinancing shortly”.

Punters Get Punished in Tern - I stay short

Published 181 days ago

As a rule, as I have pointed out before, the stocks most talked about on bulletin boards make appalling investments. Gulf Keystone (GKP) is a good example of this and Tern (TERN) the pretender to the Gulf throne is also a case in point.

Reach4Entertainment - placing at 1.5p: I am livid

Published 185 days ago

Reach4Entertainment (R4E) has announced a share placing raising £2 million pre expenses at 1.5p. I am utterly livid for reasons that I shall explain.

Charlatan stock Cloudtag remains a compelling short

Published 188 days ago

It wasa mixed week for the leading charlatan stocks on AIM. Shares in Cloudtag (CTAG) have come off the boil on an absence of news but there is worse to come for the bulls. These shares are set to collapse.

1Spatial Interims - disappointing but now more than discounted

Published 188 days ago

Geospatial and cloud services company 1Spatial (SPA) has announced self-admitted "disappointing"results for its half-year to 31stJuly 2016, though that “management believes the group is still on track to meet full year expectations which is an overall increase on the prior year revenues and adjusted EBITDA”.

K3 - New CFO, we won't hold his MBA against him ( now 133% ahead on share tip)

Published 189 days ago

Orderly business succession is what we like as investors. Folks get old, folks move on and want fresh challenges but well run companies plan for this and do not make a drama out of what does not need to be a crisis.

Reach4Entertainment: Buy after share price slide

Published 192 days ago

For reasons that seem entirely related to illiquidity on AIM and nothing to do with fundamentals, shares in Reach4Entertainment (R4E) have ratted back to 1.25-1.4p. It is crackers.

Interquest - share price slippage: Buy

Published 193 days ago

Shares in Interquest (ITQ) slipped to 32p last week although they are now 33p-34p. I swapped emails with a rather glum chairman Gary Ashworth. Of course Gary is glum, as the largest shareholder his net wealth has been materially dented.

Xcite Energy PLC:  Still more than twice Overvalued at 1.5p

Published 196 days ago

I have had rather a soft spot for the management of Xcite Energy (XEL) ever since it responded to a rise in its share price by effectively warning over exuberant retail punters that its shares were close to worthless.

Concepta: how would you like a free £70,000? No thanks said AIM Investors - morons

Published 200 days ago

Concepta (CPT) has announced that it has issued 464,674 shares following the exercise of warrants - something we warned you about last week. That brings in £34,851 which is frankly neither here not there. Around 10% of that cash came from the exercise of warrants by FIML and my pension fund. Neither are selling at anything like this price although the shares are well up on a 14p offer share tip.

Waterman says it is optimistic, up to a point we suppose ( One we got wrong)

Published 201 days ago

Bulletin Board Morons never get it wrong. That is why despite being multi-millionaires they spend their days imparting wisdom to others on the LSE Asylum. We however are mortal. Here is a share tip Steve and I got wrong. It happens. 

Cloudtag. Don’t Blame the Insiders When it Blows Up

Published 205 days ago

When Cloudtag (CTAG) blows up, which it clearly will, it will be easy to blame the insiders: the original founder Andrew Regan, the current CEO Amit Ben Haim and his associates, Golden Bridge Services Ltd and Preciousbluedot, owners both of large amounts of well -in-the-money warrants. That is what invariably happens. But it would be wrong.

New Fox Marble JV - still a buy

Published 205 days ago

Kosovo and the Balkans region-focused marble company, Fox Marble (FOX) has announced participation in a “landmark venture formed with the Kosovo Government” aiming at “a world class new stone industry for Kosovo” and “a much wider marketing, sales and distribution platform” for Fox…

Avesco non core disposal good news but we say bank a 180% gain

Published 208 days ago

Avesco (AVS) has announced that it had sold its broadcast hire subsidiary, Presteigne Limited to the unit's CEO, Mike Ransome and a private equity backer. This is good news.

Petropavlovsk Interims - buy

Published 211 days ago

Half-year results from Petropavlovsk (POG) emphasise a return to profitability, though also reiterate that for the full year “expectations to be at the lower end of our original guidance of c.460,000-500,000oz” and net debt of $598 million.

Tungsten still a stonking short

Published 211 days ago

Tungsten Corporation (TUNG) shares have had a good run since July, rising over 50% to hit 70p this week. At today’s 67p the market cap is £86 million. That is way too high for a company forecast to lose £12-14 million on sales of £30 million in the year to April 2017.

Symphony Environmental Interims - Buy

Published 212 days ago

Symphony Environmental Technologies (SYM) has announced results for the first half of 2016 and that “we look forward to the future with increased confidence”.

Universe interims, minor glitch but still a buy

Published 213 days ago

Universe Group (UNG) has announced results for the first half of 2016 showing increased earnings, but noting full-year performance “will be slightly below management expectations”.

Concepta - manufacturing deal signed in China: launch now very close

Published 215 days ago

Concepta (CPT) has announced that it has signed a deal with a Chinese company, Huanzhong Biotech Limited ( HZ) to to assemble and package Concepta's 'My Lotus' fertility product. My Lotus already has regulatory clearance and so this paves the way for a launch very soon indeed.

K3 Business Technology - Orderly Management succession, That's the way to do it

Published 217 days ago

K3 Business Technology (KBT) has announced that Adalsteinn Valdimarsson, who joined as a NED on 11 July, is to become CEO. Chief Executive Officer, David Bolton will step up to assume the role of Executive Chairman and Lars-Olaf Norell will return to the position of Non-executive Director, as previously announced. This is orderly. It shows K3 is well run. Perhaps that is why we are 133% ahead on this share tip.

Gulf Keystone: the Final Chapter.

Published 218 days ago

On Thursday, as expected, the bond holders in Gulf Keystone (GKP) agreed to the restructuring which will give them 85.5% of the company. All that remains is for the scheme to be sanctioned in court next Friday, a formality. Within five working days of that date just shy of 20 billion shares will be dispatched to noteholders.

Begbies Traynor trading update - good but not great, but the shares are a buy

Published 218 days ago

Begbies Traynor (BEG) has updated on “satisfactory” trading in the first quarter of its current financial year and emphasised that “we continue to be confident of the prospects for the group”. And that makes the shares look cheap.

Fox Marble Interims - getting there: Buy

Published 219 days ago

Fox Marble (FOX) has announced results for the first half of 2016 – including admitted “disappointing” revenue of €0.262 million, but that the “board is positive about the outlook for the company for the remainder of this year and into 2017”.

Berkeley LOI - look at the proposed pricing!

Published 220 days ago

Berkeley Energia (BKY) has announced it has signed a Letter of Intent relating to the sale of the first million pounds of production from its Salamanca uranium project – with an average contemplated price of above $41 per pound comparing with the current spot price of around $25 per pound. Way to go!. No wonder we are c150% up on this share tip!

Safestyle Interims - on track with this share tip

Published 221 days ago

Safestyle UK (SFE) has announced results for the first half of 2016 and that it“remains confident of making further progress and delivering a full year outturn in line with management expectations”.

Avanti Communications Shafts its Bondholders

Published 224 days ago

A few years ago when listed high street retailers were going down like ninepins they would invariably have the decency to inform shareholders that their equity was worthless shortly before implosion. “Little or no value” was the usual phrase.

Notes from Underground: I'm in! Where's my free money?

Published 224 days ago

Earler this week, I had an appointment with the Home Office in beautiful Croydon to determine if I may stay in the country. Tom immediately set out a call to readers to convince Amber Rudd that I should be deported immediately.

Reach4 Entertainment Interims - a curate's egg

Published 225 days ago

Reach4Entertainment (R4E) has announced results for the first half of 2016, noting “we are pleased to report a strong first six months”, though that “the second half is expected to be more challenging”.

Action Hotels Interims - Buy

Published 227 days ago

Action Hotels (AHCG) has announced results for the first half of 2016 and, noting “increasing demand for quality, internationally branded economy and mid-market hotels” in its Middle East and Australia areas of operation, “remains optimistic about the future as the group continues to deliver the pipeline”.

K3 Business Technology - more than decent prelims, leaves us c130% up on share tip but more to go!

Published 228 days ago

K3 Business Technology (KBT) has announced results for its year ended 30thJune 2016 and we’ve had a chat with management. The shares are ahead on the news to 343-352p. Not bad given we tipped this at a 149p offer

Tom Winnifrith Bearcast: Happy Birthday Lucian Miers - Negative Feedback for Feedback

Published 230 days ago

Happy birthday Lucian, it looks as if my son is hanging on to avoid joint parties in the future. Theresa May has a new idea on tackling fraud. Suffice to say what she proposes will damage industry and Britain PLC. I have another suggestion - enforce existing rules. Mrs May fails to understand the psyche of most fraudsters but also how useless the fraud busting agencies of the state are. I then move onto bad news for my good friend Jim Mellon at his latest AIM Disaster, Billing Services (BILL), then I cover XCite Energy (XEL) and read throughs at IGAS and Iofina (IOF). 88 Energy (88E), China fraud Zibao (ZBO) and the smelly business at Feedback (FDBK)

Another Red flag for CloudTag as the Twitter Abuse Flows

Published 231 days ago

As I have pointed out before with Quindell (QPP) there seems to be a strong correlation with the underlying quality of a company and the unblinking loyalty of its hardcore shareholder base. In the case of Quindell this spilled over into unbelievable hatred and invective at anyone who had the temerity to question the company’s obviously questionable practices. 

Interquest Interims - not as bad as they appear ( company chat)

Published 232 days ago

Specialist recruitment group InterQuest (ITQ) has announced disappointing results for the first half of 2016, but we’ve had a reassuring catch-up with early this year commenced CEO here, Chris Eldridge…

Tom Winnifrith Bearcast: The Cloudtag boss and swapping stolen documents for cash in a Motorway Service Station

Published 234 days ago

I start with the cot which is still driving me mad. Meanwhile it looks like the Mrs is going to term and is coming home tonight so I must cover up evidence of two days of bachelor life, that is to say myself & Oakley not being that tidy. In company matters I comment on Strat Aero (AERO) but will do a longer piece later, on Wishbone Gold (WSBN), on Tower Resources (TRP) and on Cloudtag (CTAG). The mad nutters who ramp this on twitter are now accusing poor Lucian Miers of being part of a paedophile ring (he is not) for daring to suggest that this over-ramped POS is not a buy. I am reminded of when I first came across the man behind this worthless company. 

Berkeley Energia - more great drilling results but does it matter?

Published 235 days ago

We already know that Berkeley Energia's (BKY) Salamanca uranium resource in Spain is commercial so does it really matter if it serves up more good drill grades?

Cloudtag the new Fitbug

Published 236 days ago

Readers might remember the astonishing rise and fall of Fitbug (FITB) back in 2014. Riding the fitness wearables craze to perfection, it went from sub a penny to 20p in a matter of weeks before crashing and burning in short order. The shares trade at 0.23p today.

Avesco Trading Update - all looks good on this cracking share tip

Published 239 days ago

A strangely timed “Trading Update” announcement is usually a cause for concern – but not a 12:46pm effort Thursday from media equipment and services group Avesco (AVS), though still why release at this time?

Red24 - bid now worth 26.3p - good news on this quick win share tip

Published 240 days ago

Having previously announced that it was “engaged in discussions” following a 24p per share possible offer,  Red24 (REDT) has now further updated as an initial Takeover Panel deadline came into play. the shares are now 24p mid which is not bad as we tipped it just about six weeks ago at a 19.75p offer.

Earnings Preview: Is HSS Hire Living on the Edge?

Published 245 days ago

HSS Hire (HSS) is scheduled to release interim results on Wednesday. This bear target of our colleague Lucian Miers has had a solid share price performance so far this year, but can it last?

1Spatial and that CEO share sale

Published 246 days ago

It was announced on 12 July that 1Spatial (SPA) CEO Marcus Hanke had sold 5 million shares at 4.45p - netting him roughly £220,000. A director share sale never goes down well and the shares have flatlined since - they are now 4.25p-4.75p.

Avocet is bust

Published 246 days ago

The indiscriminate buying in the market recently has been something to behold and suggests we could soon be due a reality check. The mad monetary policy of central banks everywhere has for some time been forcing institutions into hunting down yield wherever they can find it and this has caused the equity markets and the junk bond markets to soar.

Action Hotels Trading update - buy

Published 248 days ago

With eleven completed hotels with 2,032 rooms across the Middle East and Australia, Action Hotels (AHCG) has updated on performance for the first half of the year – noting it “was positive… with both the group's Middle East and Australian hotels contributing strong average occupancies”.

Mayair: if it looks like a China Norfolk & walks like a China Norfolk

Published 250 days ago

Such is the current febrile state of the markets that even China scams are being bid up with gusto. Take Mayair (MAYA), which purports to sell clean air filters in China and floated on AIM in May last year at 130p. Its shares, having gone down in a straight line to 40p (as insider selling outweighed the constant barrage of good news that these companies always come out with) have doubled to 84p in the last month as summer madness takes hold. The company itself was forced yesterday to say there is no reason for the rise. Indeed.

Fox Marble - more good news than bad, master Yoda controls my anger

Published 252 days ago

The Star Wars imagery should tell you that this is Tom writing not Steve. The series of movies will be my specialist subject if I ever go on Mastermind. Enough geekery, you want to know about marble not that I am losing my marbles.Another day and another operational update from Fox Marble (FOX) sees, on balance, more good news than bad. We will get full interims for the half calendar year by the end of September but the trading update is full. Let's start with the bad.

Notes from Underground: Proof of knowledge on how to queue

Published 252 days ago

As one of those terrible foreigners who have come to steal jobs from hard done by Brits, I'm already subject to a fingerprint check every time that I cross the border. Also, I have to use the terrible foreigner line-up instead of the whizzy EU/UK passport line.

Berkeley Energia - we are now almost 150% ahead on this share tip - what next?

Published 253 days ago

We tipped Berkeley Energia (BKY) at a 20p offer - the shares are now 48p-49p so I hope there are no complaints out there on this tip. What next? The most recent news of note was the Quarterlies. The actually numbers are academic but the only paragraph that matters states:

Tom Winnifrith Bearcast: Visiting a listener in Warwick Hospital, it's all part of the service

Published 255 days ago

Actually it is not a service I provide to every listener but I explain why Maurice Byrne gets a premium deal. I mention the great con that are today's A-Levels with hard and shocking data analysed HERE. I have chatted to both Lucian Miers and Paul Jourdan of Amati about the markets, about  Lucian's tiny short portfolio and about Paul's three big Gold picks. I look at Physiomics (PYC), African Potash (AFPO) and Highlands Natural Resources (HNR) - target 0p for the later two.

Sirius Minerals at 36.5p worth 60p says Broker Shore Cap

Published 256 days ago

If only to tease my pal Lucian Miers who was short of Sirius Minerals (SXX) and cannot have prospered as a result I'm delighted to bring you the note published today after yesterday's interims. Shore is a corporate advisor to Sirius so the research cannot be considered utterly impartial but so far it is Shore Cap 5 Lucian Miers nil. Shore opines:

Avanti kicks off the silly Season - still a sell

Published 258 days ago

They don’t call this the silly season for nothing. Shortly after Inmarsat (ISAT)  announced on August 1st that it was not interested in Avanti (AVN), a story appeared in the FT saying that it had in fact been willing to pay “at least” 140p per share (subject to due diligence) right up until the end of July, around five times the price at the time.

Sound Energy, another sell from the silly season

Published 258 days ago

While we are working our way through the silly season when all sorts of rubbish zooms ahead, I see that Sound Energy (SOU) is nudging an insane market cap of £300 million while I write. It could well soon take the place of the soon to be departed Gulf Keystone as the oil stock of choice for the retail loonies.

Buy Concepta at 12p and at up to 17.5p - target to sell 28p

Published 266 days ago

Investment Case: The AIM admission of Concepta (CPT) a couple of weeks ago was through a reverse takeover of shellmeister (Adam Reynolds)-saved Frontier Resources International (FRI). We backed Reynolds when he became involved in Frontier, but despite his track-record, then was clearly somewhat speculative as we awaited a deal to be delivered. Now it has and it looks like Reynolds has delivered another promising one…

red24 - takeover bid days after our share tip: it happens!

Published 267 days ago

Having tipped shares in red24 (REDT) two weeks ago, noting that the valuation, at a 19.75p offer price, looked undemanding for a company with a positive outlook and strong balance sheet a competitor business would seem to agree…

Gulf Keystone PLC More Retail Madness - sell

Published 274 days ago

When I last wrote about Gulf Keystone (GKP) I said it would be my final word on the subject but that was before Friday’s news of a $300 million bid from the Norwegian Oil company DNO, the details of which are on its website.

Purecircle gets Curiouser and Curiouser

Published 281 days ago

Last year Purecircle (PURE) earned $4 million. Since then it has lost its finance director, its chief operating officer, its broker and its auditor. There has also been no shortage of insider selling. Its market capitalization? £555 million. Welcome to the whacky world of Purecircle, purveyors of stevia, a plant-based sugar substitute.

Safestyle, sod Brexit scaremongering, cracking trading update

Published 282 days ago

Brexit vote fallout saw shares in retailer and manufacturer of PVCu replacement windows and doors, Safestyle UK (SFE) decline from more than 260p towards 200p, before recovering towards 240p. The recovery has now been further aided by a half year trading update.

Petropavlovsk: Trading statement and company chat

Published 283 days ago

Most gold shares have soared over the past few months. Petropavlovsk (POG) shares, which we own, have not. At C7p we are ahead of our tip but not by much. It is disappointing and we apologise. But we have not lost faith. There are reasons for the lacklustre showing which came through in a first half trading statement and in a long chat with CEO Pavel Maslovskiy and chairman Peter Hambro.

Berkeley Energia: we are now almost 100% up on this share tip after DFS - more to come

Published 287 days ago

We tipped Berkeley Energia (BKY) at a 20p offer - the shares are now 39p-41p after the publication of a Definitive Feasibility Study (DFS) confirming that its Salamanca project in Spain will be one of the world’s lowest cost producers capable of generating strong after tax cash flow, even during the current low point in the uranium price cycle.

K3 Business Technology - Trading Update, our share tip 100%+ ahead but stance upgraded to buy

Published 288 days ago

Drat. There is that phrase again. Results for the year to June 30th 2016 are expected to be "broadly" in line. That is stockmarket speak for "a near miss". No wonder the shares fell a tad on the announcement to 310-333p. We are well ahead of our 148p offer share tip but down on a few months ago.

Begbies Results, no red flags: Buy

Published 289 days ago

Insolvency, restructuring and property services group Begbies Traynor (BEG) has announced results for its year ended 30th April 2016 and that, although cautious, “the recent acquisition of the Pugh auction business, together with the Taylors valuation business, gives the opportunity for growth in earnings in the new financial year”.

IGAS PLC Hot on the Heels of Gulf Keystone. Sell at 12.5p

Published 295 days ago

As Gulf Keystone (GKP) sputters toward its inevitable fate, the hunt is on to spot the next equity wipeout in this space. There are quite a few runners and riders. I mentioned Xcite (XEL) a while back and Premier Oil (PMO) is also in the frame.  My nap however is Igas Plc (IGAS) as the next for the chop.

FDM Group shares plunge - here is why you should buy

Published 301 days ago

Post the Brexit vote and the profits warning from Interquest (0ITQ) shares in FDM (FDM) stood at 550p. They are now 450p. I have a private email from a top City analyst which explains the fall but also why the shares are cheap and a buy. It reads:

Challenge to Robert Price of Highlands Natural Resources

Published 306 days ago

Tom Winnifrith and I have covered Highlands Natural Resources (HNR) in some detail as the list of disgraceful shenanigans gets longer by the day - the latest revelations at the weekend were a killer and anyone holding after reading THIS is now demonstrably insane.

Prime People results - check out that yield

Published 309 days ago

Recruiter Prime People (PRP) has announced results for its year ended 31st March 2016 and that“current activity is resilient across the group”. The results show a pre-tax profit of £2.15 million on net fee income more than 20% higher than in the prior year, at £12.28 million, generating earnings per share of 13.84p, up from 9.28p. The dividend per share was maintained at 8.84p.

Norcros strong results - buy

Published 315 days ago

Supplier of branded showers, taps, bathroom accessories, tiles and adhesives, Norcros (NXR) has announced results for its year ended 31st March 2016 and that “with our leading market positions, portfolio of strong brands, continued new product investment and self-help initiatives focused on market share gain, the board remains confident that the group should continue to make further progress for the year ending 31 March 2017”.

Shoe Zone - no slip up with results

Published 317 days ago

Value footwear retailer with 518 stores across the UK and Ireland, Shoe Zone (SHOE) has announced results for its half year ended 2nd April 2016 and that “the group has traded in line with management's expectations since the period end and the board continues to look to the future with confidence”. Its another solid share tip from us but there is more to come.

Fusionex What’s Wrong with the Kuala Lumpur Stock Exchange?

Published 322 days ago

Many years ago, in order to close a short position in Leeds United after it had gone bust, I bought stock for a nominal sum off Leeds City Council, and remember thinking it a little strange that it had invested tax payers hard earned cash in such a dodgy enterprise.

Avesco - very strong results still a buy

Published 323 days ago

Avesco Group (AVS) has announced results for its half year ended 31st March 2016 and that “with net debt now at historically low levels and the Rio 2016 Olympic Games to come over the summer, the outlook for the group remains very positive”.

Distil, FY results good now watch operational gearing kick in big time!

Published 323 days ago

Distil (DIS), the owner of premium drinks brands including Blackwoods Gin and Vodka, RedLeg Spiced Rum, Blavod Black Vodka, Diva Vodka and Jago's Vanilla Cream Liqueur, has announced results for its year ended 31stMarch 2016 and that “we look forward to further growing revenues and expanding the reach of our brands over the coming year”.

Begbies Traynor - good bolt on: buy

Published 329 days ago

Begbies Traynor (BEG) has announced an initial £2 million, and up to £4.625 million, acquisition of Pugh & Co, the largest firm of commercial property auctioneers operating outside of London, with regular auctions held in Leeds and Manchester.

Good news indeed from IRC for Petropavlovsk - buy

Published 330 days ago

Petropavlovsk (POG) has welcomed latest news from its Hong Kong-listed associate company, IRC, as “a significant step forward in bringing K&S into full commercial production during Q3 2016”.

Gulf Keystone Petroleum - Revelations: The Final Judgement

Published 335 days ago

And God shall wipe away all tears from their eyes; and there shall be no more death, neither sorrow, nor crying, neither shall there be any more pain: for the former things are passed away.

It is with no small sense of humility that I disclose a token short position in Gulf Keystone Petroleum.

Highlands Natural Resources begs to be shorted

Published 336 days ago

Every once in a while a share price goes ballistic for no discernable reason other than retail investors firmly grasping the wrong end of the stick. Invariably reality soon sets in, and although timing is a bit hit and miss, shorting such situations almost always pays off.

Sirius Minerals at 19p worth 50p says Shore cap - the broker note in full

Published 338 days ago

Whether broker Shore cap is talking tummyrot or not is not the issue. We all know that most broker notes are toilet paper. But just to annoy my pal Lucian Miers who is short I feel the need to give this Sirius (SXX) report more publicity.

Safestyle motoring ahead on our share tip after great AGM update

Published 343 days ago

Shares in Safestyle UK (SFE) are heading further higher on the back of an AGM update including that “the group's new financial year has begun very well” and that it is “confident that the group will deliver excellent results for 2016”.

Avanti Communications PLC: Circling the Drain

Published 343 days ago

At the UK Investor show last month, during a discussion of Avanti (AVN), I listed a random sample of the many instances where the company has made statements which later prove to be wildly optimistic, or are contradictory to earlier ones. Last week’s 3rd quarter update, 16 May, provides another gem: It states:

Some good news from Fox Marble...its about time!

Published 344 days ago

Fox Marble (FOX) has announced that its “order book has increased to €3.9 million for the year” and developments offering further potential.

R4E - Hon up to 17%, no make that 18%, shares up to 2.2-2.25p, still cheap

Published 345 days ago

Shares in R4E (R4E) have raced ahead to 2,2-2.25p on news that Gate Ventures, the vehicle of controversial entrepreneur Johnny Hon has taken its holding up to 17%.  No make that 18%, the TR1's come thick and fast.

Fox Marble placing - we take part: the shares are a buy

Published 350 days ago

Kosovo and Macedonia quarrier Fox Marble (FOX) has announced financing developments – including a conditional £2 million gross placing at 10p per share and we took part in a small way. The funding is:

GW Pharmaceuticals. A Drug Fueled Valuation at £1.2 billion

Published 351 days ago

A glance at the chart of GW Pharmaceuticals (GWP), the developer of Cannabis based cures for a variety of diseases, since its appearance on AIM some fifteen years ago perfectly demonstrates the fact that when it comes to ramping and promoting drug companies the health obsessed Americans have no equal.

Berkeley Energia - spectacular fund raise news - we upgrade big time

Published 353 days ago

In that rarest of moves for an AIM-listed company, Berkeley Energia (BKY) has announced new financing from a major shareholder which includes new equity at a premium to the currently prevailing share price. Following several months of due diligence, mining-focused private equity firm Resource Capital Funds is to provide $5 million through a 0.375% net smelter royalty and a further $5 million for new shares at 32p each. The latter compares to a closing high share price since 2013 of 31.75p earlier this month and a pre placing close of 30.25p – these up from 26p at the start of the year and more than 50% on our share tip.

Video: TW, Evil Knievil, Lucian Miers, Matt Earl - the Bears Avanti special at UK Investor Show

Published 354 days ago

And so the four bears wandered onto stage for the final presentation at UK Investor Show. We majored in on why Avanti Communications (AVN) was a 0p stock but we covered many other stocks besides. Enjoy

Free Speech explained for the 8th time, for Bulletin Board Moron Duck & Dive

Published 355 days ago

For the 8th time - the first perhaps for our many new readers - I feel the need to explain what free speech really means.  I do this for Duck & Dive, a poster here, who seems to think that we are obliged to approve & publish his comments here which are defamatory and make untrue allegations about this website. 

Notes from Underground - Sobriety

Published 357 days ago

The Old Bill got back to me regarding last week's tag-team event, Lucian Miers & Paul Scott vs some drunk. As the gentleman in question had no prior entalglements with the police, and was shocked by his behavior when he sobered up, he was given a caution and cut loose.

Avanti - keep selling

Published 358 days ago

I note that Avanti’ Communicvations' (LSE:AVN) share price has fallen back since it was covered in detail by Tom, myself, Matt Earl and Evil at last week’s UK Investor Show.

Avocet Mining, A Gold Plated Version of Petroceltic

Published 358 days ago

Shares in troubled gold miner Avocet Mining (AVM) more than doubled the other day as its first quarter production update showed an increase of 3,149 oz at a cash cost of $925 per oz, $169 lower than the preceding period.

Sirius Minerals shares to more than double!

Published 359 days ago

Okay the research note claiming that shares in Sirius Minerals (SXX) will zoom from 18p to 40p is made by its own house broker Liberum. On that basis it is - like all house broker buy notes - to be taken with many pinches of salt. But just to annoy my pal Lucian Miers who is short and to show we are happy to offer a variety of views. To be clear, I personally have no view.

1Spatial, Results and Confident Statement: Buy

Published 359 days ago

1Spatial (SPA) has announced results for its year ended 31st January 2016 and that it “looks forward to the future with confidence”.

Baby Bear, Graham Neary - Welcome aboard the good ship ShareProphets

Published 360 days ago

I rather think that the lineup of main writers is now complete. Joining myself, Malcolm Stacey, Amanda Van Dyke, Lucian Miers, Steve Moore, Nigel Somerville, Gary Newman, Chris Bailey, Thierry Laduguie, Evil Banksta and Cynical Bear we now - as of today - have Baby Bear, aka Graham Neary on board.

Petropavlovsk: very busy bees indeed..

Published 361 days ago

There’s been news aplenty from Petropavlovsk (POG) in recent days and the bull case remains very much intact.

UK Investor Show Fight: Lucian Miers he hits who he wants! Don't mess with the Cockney Boyz!

Published 364 days ago

West Ham supporters will appreciate the reference to one great Cockney Hero, James Tomkins but now another legend of the East End whose veins also  flow claret & blue has shown why you don't mess with the Cockney boyz. I refer to an incident after UK Investor Show last night which saw the rozzers called.

R4E - In line trading statement: hang on and hold tight

Published 365 days ago

In announcing that calendar 2015 results will be published on May 25, R4E (R4E) has issued a pleasing, if brief, trading statement. Chairman David Stoller is quoted as saying:

Ocado - a compelling short

Published 365 days ago

Bears have a saying “never be short in company” but I have made an exception to this rule today and reopened a bear at 308p in Ocado (OCDO)  the second most shorted company on the market (after Carillion). 

London Stock Exchange Still in Denial on AIM

Published 365 days ago

I couldn’t make the London Stock Exchange (LSE) AGM on Wednesday but by all accounts it was more amenable than last year’s disgraceful affair at which bona fide shareholders were frisked and refused entry by boot faced, thuggish bouncers, but I am disappointed that the board still seems blissfully unaware of the reputational damage being inflicted on the LSE by the dysfunctional AIM Market.

FDM Group - very strong trading update

Published 366 days ago

FDM Group (FDM) has updated on “a strong operational and financial performance for the first quarter of 2016”, seeing that “the board remains confident of meeting its expectations for the full year”.

Berkeley Energia - good news from Spain sees us 40% up on this share tip

Published 367 days ago

Berkeley Energia* (BKY) has updated that a definitive feasibility study on its Salamanca uranium project “is well advanced and is due to be published in June”, with the company’s confidence emphasised by the commencement already of initial infrastructure work at the project.

You want one gold stock to buy but what? Ten experts say it should be...

Published 370 days ago

Gold seems to be in an uptrend so maybe it is time to get a bit of exposure to the gold sector once more? But how? We adsked ten writers connected to this site and/or speaking at UK Investor show on Saturday if they had to bet the ranch on one stock what would it be?

Symphony Results -patchy but the shares are a buy

Published 372 days ago

Symphony Environmental Technologies (SYM) has announced results for a 2015 year in which“revenues remained disappointingly static”, but that it “has sufficient working capital to execute its strategy and… as an operationally geared business, now running with a significantly lower cost base, the board looks forward to a financially more successful year in 2016”.

Watchstone Group, Thoughts on a Daft Proposal from Edi Truell’s Tantalum Corporation

Published 374 days ago

I was amused to see my suspicions confirmed today by the Telegraph (TW Note only 24 hours after me in bearcast) that the “draft proposal” received by Watchstone Group PLC (WTG) did indeed emanate from Edi Truell and Tantalum, his telematics vehicle. I shorted some Watchstone at 230p as, all things being equal, the shares should revert to where they were before the announcement once it is confirmed that the blundering Truell has nothing to offer.

Want to join Tom Winnifrith & Lucian Miers as we storm London Stock Exchange AGM 27 April?

Published 374 days ago

The complacent and overpaid useless bastards who run the London Stock Exchange (LSE) hold an AGM at the Bankers Hall on Cornhill in the City at 10 AM on 27 April. I shall be there with a share certificate and passport and so cannot be denied access. Last year the press office lied to me and blocked my entry.

Petropavlovsk - very good news from IRC - BUY (target 19p)

Published 374 days ago

Petropavlovsk(POG) has highlighted an announcement from Hong Kong-listed associate company IRC that waivers in respect of IRC's project finance facility with ICBC have been conditionally granted – including for obligations for Petropavlovsk to comply with certain financial covenants.

Action Hotels 2015 Results - Buy

Published 375 days ago

Action Hotels (AHCG) has announced results for the 2015 calendar year – with it“pleased” with “another year of growth… as we continue to execute and deliver our pipeline of three and four star hotels across the Gulf Cooperation Council and Australia into our profitable operating portfolio”.

Notes from Underground - Happy Belated Birthday

Published 378 days ago

It shows the lack of sentimentality of the ShareProphets team that we let the third anniversary of the founding of this site pass without notice. 6 April 2013 financial journalism covering the City was reinvented. 

Norcros trading statement - says will beat forecasts: buy

Published 379 days ago

Branded showers, taps, bathroom accessories, tiles and adhesives group Norcros (NXR) has updated that “underlying operating profit for the year is expected to be marginally ahead of market expectations” and that it looks “well positioned to continue to make further progress”.

Tom & Lucian Miers preparing for a boozy lunch

Published 379 days ago

We were meant to record a video. In fact we did record but something went wrong and the Conservative Club with its cheap beer beckoned. And thus the video short letter appears as a contemporaneous note.

Universe Results & Company chat - buy

Published 380 days ago

Point of sale, payment and loyalty systems group Universe (UNG) has announced results for the 2015 calendar year and that “a combination of customer expansion and a broadening product portfolio means that we are confident that the pleasing progress that the group has been made so far can be continued”. The following updates post a chat with management.

Tom Winnifrith Bearcast 13 April - Cheap boozing with Lucian Miers at the Conservative Club

Published 382 days ago

Have I mentioned that Finncap are complete and utter bastards? If I forget to do so in this bearcast please refer to my FinnCap and Wandisco special earlier HERE. Lucian is popping over tomorrow but I shall try to record a sober bearcast before he arrives. On today's podcast I look at Fastjet (FJET), Strat Aero (AERO), Premier Foods (PFD), Hellenic Carriers (HCL) and Outsourcery (OUT), the demise of which will certainly be an ouzo o'clock moment.

Solgold - Lucian Miers goes short but closes UK Oil & Gas short (pro tem)

Published 383 days ago

Solgold (SOLG) has served up another RNS today which may excite the Bulletin Board Morons but that is perhaps an encouragement to bear raider Lucian Miers who is now short of the stock, selling at c4p.

Another look at HSS Hire Group PLC - I stay short

Published 386 days ago

As I have pointed out before, it is a very good discipline for investors, when looking at a company, to ask themselves what they would pay for the business before looking at what value the market ascribes to it.

SpaceandPeople Results - buy (despite rude CEO)

Published 395 days ago

SpaceandPeople (SAL) has announced results for the 2015 calendar year and its management“believes that SpaceandPeople is creating a solid platform for growth and a sustainable future”. We agree and think this is not discounted in the share price.

PR Genius Reg Hoare of Plus 500 infamy I wouldn't presume to tell you how to run your business but...

Published 399 days ago

Yesterday I ran an email from PR Genius Reg Hoare who acts for Plus500 (PLUS) which tries to set the record straight after Lucian Miers' article the previous day. At the end of his email Mr Hoare states "I wouldn't for one moment presume to tell you how to run your Share Prophets web-site, but" he then tells me how to run my business. Ok Reg, I wouldnt presume to tell you how to run your fecking PR business but...

Notes from Underground: Bear Takeover

Published 399 days ago

This may be a first: two non-Tom stories have made the top 10. Lucian Miers continues his trek up the leaderboard with a fine spot at #3, I am Deadly Sirius - I have gone short. And squeaking in at number 10 is Vast Resources – an absolute shocker of a funding deal (unless you’re Crede!) by Cynical Bear. 

PR Genius Reg Hoare says Lucian & Times of Israel wrong on Plus 500

Published 400 days ago

All PR folks are geniuses. Reg Hoare does the PR for Plus500 (PLUS) and reckons Lucian Miers has it all wrong. I am a fair man so am happy just to print Reg's email in full. Over to the genius who writes:

Plus 500 : Storm Clouds on the Horizon

Published 400 days ago

The weakness in Plus 500’s (PLUS) share price in the last couple of days which has seen it fall a pound from 666p is probably explained by the excellent Times of Israel investigative piece on binary options which appeared on Thursday.

K3 Results, Company Chat and where next? Up!

Published 403 days ago

K3 Business Technology (KBT) has announced results for the six months ended 31stDecember 2015 and the following updates on these following a post-announcement chat with management.

Action Hotels new opening - buy

Published 404 days ago

Action Hotels (AHCG) has announced the official opening of the largest hotel in its portfolio – the 368-room, new-build, ibis Styles Brisbane Elizabeth Street, bringing its operating portfolio to 10 hotels with 1,928 rooms.

Notes from Underground: We are (still in business), Are you (Indy?)

Published 406 days ago

The first non-Tom story this week, way outside the top ten natch, is by Lucian Miers, representing the mysterious hedge fund billionaires/illuminati who fund ShareProphets with Can anyone help me get shares to borrow on UK Oil & Gas?. If you have some UKOG shares, please contact Lucian now, please don't take food out of his kid's mouths.

I am Deadly Sirius - I have gone short

Published 406 days ago

Those who listened to Australian fund manager John Hempton speak at the Gold and Bears show last November will know that attention to detail is very much his thing. They will have heard him mutter that he believed US Pharmaceutical giant Valeant, based in Canada, to be worthless. This has been a bold call with ranks of hedge fund royalty (the most prominent being the unbelievably arrogant Bill Ackman) lined up against him.

Safestyle - solid results and the shares march on

Published 408 days ago

Leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market, Safestyle (SFE) has announced results from a“record” 2015 and that so far this year “order intake has been significantly ahead of the same period in 2015 and the board looks forward to further progress in 2016”.

Berkeley Energia Interims and more - buy

Published 409 days ago

Berkeley Energia (BKY) has announced half year results, that contractors have been selected for power line and road works and that “with all major approvals in place and with the strong support and backing of the authorities, activities on the ground will commence shortly”.

Fox Marble: More Good News - Buy

Published 410 days ago

Shares in marble quarry company Fox Marble (FOX) are continuing something of a recovery having fallen towards 10p early this month, with some further momentum now being provided by an update including that commissioning and opening of the company’s factory in Kosovo “is anticipated by the middle of the year”.

Can anyone help me get borrow on UK Oil & Gas?

Published 411 days ago

With Petroceltic (PCI) put to bed I am looking for borrow in UK Oil and Gas (UKOG) which seems crazily valued at £51 million and represents cracking value to short at 2.43p Any suggestions are welcome. I am not short but would like to be.

Final Thoughts on Petroceltic

Published 411 days ago

I think it is probably fair to say that Petroceltic (PCI) Chairman Robert Adair and CEO Brian O Cathain do not feature on the Christmas card list of Worldview’s Angelo Moskov who now, finally controls the company, having snapped up 70% of the company’s debt at a substantial discount to face value.

Distil, bullish trading update, premium placing - last chance saloon to buy

Published 413 days ago

Shares in Distil plc (DIS) traded more than 20% higher, at just over 1p on Friday, on the back of an update that “we remain confident for the fourth quarter of the financial year and expect full year performance to be in line with the board's expectations” and a rare placing at a premium.

Begbies Traynor Trading Statement - on track: buy

Published 414 days ago

Begbies Traynor (BEG) has updated that its third quarter ended 31st January saw performance “as anticipated” and that it “is well placed to deliver the board's expectations for the financial year as a whole”.

FDM Group - strong results, confident: buy

Published 416 days ago

FDM Group (FDM) has announced results for the 2015 calendar year and that “2016 has started well for the group and we are confident that we are well placed to deliver another year of good progress”.

Interquest results more than decent - buy

Published 416 days ago

Specialist recruiter InterQuest Group (ITQ) has announced results for the 2015 calendar year and that “the new financial year has started positively”. Good News.

Fox Marble some cash in - we want to see more

Published 417 days ago

Fox Marble (FOX) has announced that a payment of €390,000 from Eboracum Limited will shortly be sent to the company as part payment of the €2 million order announced last year. This is good news and bad.

InternetQ Red face but I'll make it up on Avanti, PureCircle and PetroCeltic ALL crashing

Published 421 days ago

One of the benefits of being a short seller is the joy and happiness that one engenders in others when being sandbagged by a short call that goes wrong. I have closed out my position in InternetQ (INTQ) at a substantial loss,

1Spatial solid trading update - buy

Published 422 days ago

1Spatial (SPA) has updated that “the group has made good progress in the second half of the year” to 31st January 2016, that it “ended the period with a strong order book and pipeline of opportunities for the coming year”and that it has exercised its call option to acquire a further 26% of its US distributor Laser Scan.

Waterman Interims - all good news: buy

Published 424 days ago

Waterman Group (WTM) has announced results for its half year ended 31stDecember 2015 and that it “looks forward to the remainder of the financial year and beyond with confidence”.

Reach4Entertainment - very promising trading statement: buy

Published 425 days ago

Reach4Entertainment (R4E) has updated that “trading has continued well in the last quarter of the year, with the expected seasonal uptick in revenues” and that it “therefore expects to report revenue, EBITDA and statutory profit before tax for the full year in line with market expectations”. Good news all round.

Petroceltic - The End is Nigh

Published 426 days ago

At first I thought that Angelo Moskov of Worldview must have gone crazy to bid 3p per share for the 70% of Petroceltic (PCI) that he doesn’t already own. But I see now that there is method in his madness and that he is merely trying to remove the current management from ongoing discussions with the banks before they lose patience and pull the plug on the company. 

Amara - really bullish claims on Yaoure: buy

Published 428 days ago

Amara Mining*(AMA) has announced results of an optimised pre-feasibility study, re-emphasising that “we expect Yaoure to be among one of the lowest cost, largest new gold mines in Africa”.

Lighthouse: good results, confident outlook, last chance to buy

Published 432 days ago

IFA network, The Lighthouse Group (LGT) has announced results for 2015 and that it “is well positioned to deliver future growth”. We are ahead on this share tip but there is more to come.

A letter to Penta & Martin Hughes at Tosca re InternetQ

Published 434 days ago

I have sent this letter. I don't expect a response on the matter of InternetQ (INTQ).

Action Hotels Trading Update - stance upgrade to buy

Published 438 days ago

Ahead of April scheduled results for 2015, Action Hotels (AHCG) has updated that its nine operational hotels performed strongly and in line with expectations” and that “an increase in reported net asset value is expected as a result of new hotel openings, upward revaluations of existing properties and new additions to the portfolio”.

Buy Safestyle at 256p

Published 441 days ago

Investment Case: Safestyle UK (SFE) listed on AIM in December 2013 at 100p per share and has since performed well, the shares soaring to over 270p early this year. They are now however back to a current 256p offer price and a recent positive trading update suggests that they offer, particularly Income, value here - and so this is our latest Nifty Fifty share tip.

InternetQ, Still betting on Common Sense Over Pride.

Published 442 days ago

On Dec 14th last year I pointed out that if Toscafund and its partner Penta Capital were still happy with their madcap €104 million valuation for Akazoo, the music streaming business they bought in to last year, they could buy out the whole of InternetQ (INTQ), their majority partners, for less than half of that amount and still have the rest of its business thrown in for free.

Reach4Entertainment - the Hon Put in play (again)

Published 443 days ago

It was announced this week that Gate Ventures, the totally dodgy company owned by Johnny Hon who is a total charlatan, has increased its stake in *Reach4Entertainment (R4E) by 5 million shares to 57.5 million shares - 12.12% of the equity. We think Hon is a total chancer - and that is being kind - but have noted before that him hoovering up loose stock will only accelerate the re-rating.

Doc Holiday to join Lucian Miers & Tom Winnifrith at LSE AGM protest, will you come too?

Published 449 days ago

The scouse blogger Doc Holliday has today said that he will be stealing a few hubcaps so that he can buy one share in the London Stock Exchange (LSE). That will alllow him to join the protests at its AGM in late April about its wholesale failure to tackle fraud and PLC lies on the AIM Casino. So that makes three comrades pledged to attend: Doc, myself and Lucian Miers. Will you come too? Here's the deal...

Berkeley Energia general update - all on track, buy at up to 25p

Published 449 days ago

Berkeley Energia* (BKY) has announced a new company presentation and a quarterly report for the period to the end of 2015. All is on track.

London Stock Exchange Brace Yourself for AGM Protest - This time you cannot stop me

Published 450 days ago

Last year the London Stock Exchange (LSE) managed to deprive me of access to its facistic AGM even though its press office had previously said I could attend. This year they will not stop me as I have just dematerialised my two shares ( the certs are with me) and so will arrive in London in late April will all the documents I need to get in. So what trouble will I cause?

Strong trading update from Waterman - still a buy

Published 450 days ago

Waterman Group (WTM) has updated on “a successful interim trading period”ahead of results scheduled for 29th February.

Spaceandpeople strong trading update - buy

Published 453 days ago

SpaceandPeople (SAL) has updated that “trading in the second half of 2015 was in line with management expectations”, that it intends to propose a 10% increased dividend per share of 2.2p and that with an “announcement of a new relationship with British Land we have had a positive start to 2016”

Purecircle, A Mad Valuation for an Unsuccessful Commodity Play with an Awful Track Record - sell

Published 455 days ago

Readers may recall that my nap bear for 2014 was Purecircle (PURE), the natural sweetener company, at 610p. It ended the year at 510p and was also my main bear tip for 2015. It finished last year at 410p for a 33% decline in two years. Not bad but nothing spectacular.

(Good) Yaoure News from Amara - buy

Published 455 days ago

Following a mineral resource update for its Yaoure gold project in Côte d'Ivoire in November and capital and cost estimates generated in a pre-feasibility study announced in May,  Amara Mining* (AMA) has announced an increase in the portion of higher confidence (‘Measured’ and ‘Indicated’) resources which fall within a designed project pit (‘mineral reserve’ and here based on an optimised pit shell corresponding to a gold price of $880 per ounce).

Very impressive drilling news from Berkeley - buy

Published 456 days ago

Berkeley Energia* (BKY) has announced results from a three hole drilling programme at its Zona 7 deposit – which have highlighted “a possible extension to the mineralisation at depth”

We dont publish share tips often but we publish at 2.30 PM TODAY

Published 457 days ago

I was asked the other day how, on the Nifty Fifty website, we managed to deliver such impressive returns when most AIM shares have done so dreadfully? It is a fair questi

Petropavlovsk - Q4 Trading update: Buy

Published 458 days ago

Petropavlovsk (POG) has updated on its fourth quarter and full-year 2015 performance and what its strategy, “focused on the group deleveraging and on cash cost optimisation”, means for 2016.

Interquest Trading update - buy

Published 460 days ago

InterQuest (ITQ) has updated that “trading for the financial year ended 31 December 2015 was in line with market expectations” and that it is “encouraged by the continued growth we are experiencing and the exciting initiatives of our new executive management team”

Sell Petroceltic at 15p - Equity Worth Nothing like £27m

Published 461 days ago

As I learned last year to my cost on three occasions, it is better to short a share after rather than before it is subject to a takeover bid. For this reason, I goodly waited until Friday’s announcement by Worldview Capital before selling Petroceltic short.

Plexus Holdings – kudos to Lucian Miers, "very significant" profit warning…

Published 461 days ago

Kudos to Lucian Miers – as Plexus Holdings (POS), recently identified by him HERE as, due to the current climate, looking to have hit a brick wall has announced that it “has seen a significant slowdown in planned activity by its customers… the company's financial results for the year to 30 June 2016… will be very significantly below market expectations”. The shares are down as a result from the 125p of Lucian’s piece and a prior close of 122.75p to currently struggling above 70p…

Petropavlovsk - IRC update: we remain buyers

Published 461 days ago

Petropavlovsk (POG) has notified UK Investors of a further announcement from IRC Ltd, the Hong Kong-listed industrial commodities company in which it is a significant shareholder.

Distil - very pleasing trading update, still a buy

Published 463 days ago

Distil plc (DIS) has announced, despite a reduction in sales of Blavod Black Vodka in Eastern Europe, strong overall volume and sales performance in its third (October–December) quarter.

Very pleasing trading update from K3 Business where we are well over 100% ahead - more to come

Published 465 days ago

K3 Business Technology (KBT) has updated that “profitability for the first half is expected to show a significant increase year-on-year in line with management expectations” and that it“remains well positioned to attain market forecasts for the financial year, with high levels of recurring revenues as well as a strong pipeline of prospects”

Begbies Red Flag Report, no shocks - reinforces buy case

Published 468 days ago

Begbies Traynor (BEG) has updated on research (which chimes with our current view) of “a difficult 2016” ahead for UK companies. This follows the ‘Red Flag Alert research’ of this, the UK's leading independent insolvency firm, showing businesses ending 2015 in a challenging financial state and noting a difficult combination of factors for 2016.

Plexus at 125p has much further to fall

Published 469 days ago

Celebrations must have been somewhat muted last month at oil services group Plexus PLC (POS) as it celebrated its tenth birthday on AIM. Things have got worse since then and unfortunately there is little sign of relief. 

Avesco cracking results, we are 100% + ahead but still a buy at up to 240p

Published 472 days ago

Avesco (AVS) has announced results from a “record breaking year for the group with operating profit even higher than in 2012 when we had the benefit of the London Olympics in our home territory”, that it “has exchanged contracts for the sale of the freehold land and buildings at its television studios in Wembley” and that “we expect to be able to continue our drive to increase profitability, to generate cash and to grow dividends”.

1Spatial deal with HERE - Buy.

Published 473 days ago

1Spatial (SPA) has announced “a strategic partnership with HERE, a leader in navigation, mapping and location experiences to deliver high grade map content to the enterprise market”

End 2015 Performance Update: 2015 UK Investor Show bear calls & investor short positions

Published 475 days ago

At the 18th April 2015 UK Investor Show, the top shorts of bears Evil Knievil, Lucian Miers, Matt Earl and Kevin Ashton were announced. As noted HERE, we're monitoring progress of those also having been identified as shorts by significant investment companies...

HSS the risk reward favours the bears

Published 476 days ago

Next week will mark the first anniversary of the announcement by private equity owned HSS Hire Group (HSS) of its intention to float on the London Stock Exchange.

Buy FDM Group at a 530p offer

Published 478 days ago

Investment Case: Despite in its current form only listing last year, principally IT personnel provider FDM Group (FDM) is a company we have have previously followed – its shares having previously been on AIM before the group was taken private in 2010. The shares were re-listed, this time on the main market, in June 2014 at 287p and exceeded 575p a couple of months ago before slipping back to a current 530p offer price. This makes its operational growth momentum and (growing) dividend interesting and sees the shares now rated as a buy.

Avanti Communications in 2016 - Drinking in Last Chance Saloon.

Published 482 days ago

I have long been a critic of Avanti Communications (AVN) and although the shares have performed badly lately they could and should be trading a lot lower. 

Lucian Miers 2nd share tip of the year - sell Avanti Communications at 171p offer - target as low as 0p

Published 486 days ago

On December 17 Avanti Communications (AVN) served up a quarterly update. From its bombastic CEO David Williams, a man who not only admits to, but boasts of, misleading erarly stage investors with a fake demonstration, there was the usual mix of bluster and misleading metrics. The only thing that commends Avanti is that it never fails to miss operating targets - it is, in this respect, the most consistent company on AIM.

Lucian Miers share tips of the year Number 1: Sell InternetQ at 61.25p, target price 0p

Published 487 days ago

In the end it all comes down to cash. Good companies generate it. Bad companies run out and in the end go bust. The shares go to 0p. And that brings me to Greece based InternetQ (INTQ) which - as a sell - is my first share tip of the year.

Waterman AGM update - its good news: buy

Published 497 days ago

A stock we tipped the other day on our Nifty Fifty site, Waterman Group (WTM) has updated in conjunction with its AGM that “we have experienced continued growth in our markets during the first five months of the current financial year. The board looks forward to announcing further progress when our half year results are issued in February 2016”

Tungsten - Meet the New Boss. Same as the Old Boss. Don’t Get Fooled Again.

Published 497 days ago

Tungsten (TUNG) announced its half year results to October on Wednesday and followed it up with an analyst call, which did nothing to demonstrate that there is a viable business there.

Christmas comes early - another Slater & Gordon profits warning - bankruptcy a cert for 2016

Published 500 days ago

Thank you Santa for this early present. Aussie poltroons Slater & Gordon (SGH) have issued another profits warning with its UK businesses, notably those bought from Quenron (QPP), blamed. Bankruptcy in 2016 now looks a slam dunk cert.

Video: Tom Winnifrith, Lucian Miers, Matt Earl and Graham Neary 8 stocks going to Zero from Gold & Bears

Published 501 days ago

This was one of the sparkiest sessions at Gold & Bears and I loved it. Each of myself, the bard of the Boleyn (Lucian Miers), the Dark Destroyer (Matt Earl) and Baby Bear (Graham Neary) selelected two stocks we thought were going to zero and explained why. They were: Fastjet (FJET), AO World (AO), Gulf Keystone (GKP), Slater & Gordon (SGH), Avanti Communications (AVN), Plus500 (PLUS), Tungsten (TUNG) and - bugger me - I can't remember Matt's other pick. Watch the video to find out, its a stormer.

GLI Finance fund raise and new dividend policy: average down & buy

Published 507 days ago

GLI Finance (GLIF) last week announced fundraising proposals and a dividend policy for going forward. We recently noted the possibility of new funding being raised, and the company has now published a prospectus for a new class of zero dividend preference shares at an issue price of 100p each and noted that it is also considering a possible issue of convertible unsecured bonds.

Internetq : Another Canaccord Fraud?

Published 511 days ago

Hot on the heels of Globo (GBO), the Internetq (INTQ) saga raises interesting questions about the nature of the due diligence practiced at firms such as Canaccord and RBC the brokers to both of these fraudulent enterprises.

Notes from Underground - New Members

Published 511 days ago

Unsurprisingly, this was a banner week for ShareProphets page views, and we can chalk it up to Internet Q (INTQ). The little company that didn't took four of the top 10, including the top three. 

Berkeley Energia - upgrade

Published 515 days ago

The now-named Berkeley Energia (BKY) has updated that “optimisation studies have commenced on the Salamanca project which are expected to reduce the operating costs making it amongst the world's lowest cost uranium producers once developed”

GLI Finance NAV update - buy

Published 517 days ago

GLI Finance (GLIF) has updated on its net asset value per share performance – reporting it to be 52.30p as at 30th September 2015. This represents a slight decrease of 0.34% from 52.48p as at 30th June, though compares to a current share price of 44.5p.

Tungsten heading for Penny Share status. Sell at 39p

Published 518 days ago

Since Tungsten Corporation’s  (TUNG) share price peaked around 400p just over a year ago, prompting its then boss, Edi Truell to brag about the £400 millionn Market cap at the AGM, the market retribution has been savage and unrelenting. The shares are down over ninety percent and that’s after raising a further £30mn in the markets. (Memo to CEOs out there: Never brag about your shareprice)

15 More tickets for Gold & Bears on Offer for Saturday as new SuperBear stocks to zero session takes shape

Published 521 days ago

We have now had a few last minute return tickets become available for Gold & Bears on Saturday and you can get your hands on them today. We will email them out tonight. And with speakers from across the world lined up Saturday looks set to be explosive. The SuperBears 7 big name stocks to go to zero session with myself, Lucian Miers, Graham Neary and the Dark Destroyer Matt Earl is set to really get the lawyers excited!

6 days to Gold & Bears – just 4 seats left – BOOK NOW

Published 525 days ago

As of today there are four seats left unbooked for the 2015 Gold & Bears Show on November 28 in London. . So book a free seat now for a fireworks event with Jim Mellon, Gabriele Grego (Globo’s nemesis), John Hempton, Sam Antar, Evil Knievil, Lucian Miers, Amanda, Dominic Frisby, 50 CEOs etc., etc. To get a free ticket for one of the last seats

Interquest - management issues sorted: buy

Published 525 days ago

Following the summer resignations of its CEO and CFO, we maintained faith in technology specialist recruitment group InterQuest (ITQ). It has now followed a recent announcement of an appointment of a new CEO, with news that it has also reached agreement with a new CFO.

African Potash – when’s the placing?

Published 525 days ago

Things have gone a bit quiet at cash strapped African Potash (AFPO) since a raft of bullish announcements lifted the shares tenfold a couple of months ago.

Harriet Green of CityAM – hey bimbo, do you want a job in PR or are you just thick and lazy?

Published 528 days ago

Just when I think that the deadwood press can sink no lower in terms of churning out PR bilge along comes along Harriet Green of CityAM. She has just blown off Jonny Hon of Gate Ventures (GATE) infamy with a slavish profile making him out to be Asia’s equivalent of Pope John Paul 2nd. Does this bimbo want a job in PR or is she just too dim and/or lazy to do some basic research. Lucian Miers has sent her an email. 

R4E - placing and refinancing and chat with Nigel Wray ( we buy shares)

Published 531 days ago

Reach4Entertainment (R4E) announced on Friday the terms of a conditional, including on 2nd December General Meeting approval, placing and bank refinancing. We have this morning made a chunky (for us) investment in the shares (ie we bought in the market).

Avanti Communications offers salvation for Globo Shareholders

Published 533 days ago

Of the many lessons to be learned from the Globo (GBO) fiasco, perhaps the most salient is the danger of deriving comfort from institutional purchases. In the final days, as an obscure  German fund named Forum was hoovering up stock (the founder’s stock, as it later transpired) a lot of impressionable punters were doubtless persuaded not to sell and maybe even “average down” on the basis that these guys are professionals and therefore “must have done due diligence” 

Avanti Communications Q1 Trading Statement – Complete and utter turd polishing nonsense

Published 535 days ago

King of the AIM bombasts the uber Welsh David Williams of drowning in debt Avanti Communications (AVN) has polished up another turd, that is to say his Q1 trading statement. Naturally Taffy Williams is delighted with all the progress being made. He always is as target after target is missed.

Victoria PLC A Carpet Maker Overdue for a Shagging?

Published 537 days ago

Of the many odd fish that swim in the murky waters of AIM, they don’t come a lot odder than Victoria PLC (VCP).

Shoe Zone - director sales, hmmmmm

Published 539 days ago

Following a recent positive trading update, Shoe Zone (SHOE) announced a £4.74 million sale of shares by CEO Anthony Smith and COO Charles Smith, with a purchase of rather less by the wife of CFO Nick Davis.

Berkeley Energy - cracking news from Salamanca: target price raised

Published 542 days ago

In an announcement entitled “Zona 7 transforms Salamanca project economics”, Berkeley Energy (BKY) has announced the results of a pre-feasibility study which shows “the project now has a Net Present Value of $871.3 million (£580.9 million) with an internal rate of return of 93% based on a discount rate of 8% and a long term uranium price of $65 per pound”

APR Energy Mea Culpa and more drivel from African Potash

Published 545 days ago

I am abroad at the moment and the London Stock market doesn’t kick off until 3PM my time. This has its drawbacks as I have recently found myself reading twitter and bulletin boards while I await the open.  Although I am not a particularly sensitive soul I do feel rather cross when I read the perfectly beastly things being said about me.

Distil Interims, on track just be patient

Published 546 days ago

Distil plc (DIS) has announced results for its half year ended 30th September 2015 and “that a leading group of supermarkets has listed RedLeg Spiced Rum for 700 of its largest stores throughout the UK in time for the Christmas period”

Notes from Underground - Happy Samhainn

Published 546 days ago

As we celebrate the Celtic New Year, ShareProphets asks the old gods to bestow a special blessing upon Globo, who allowed ShareProphets to have a record-breaking week. Manannán mac Lir is probably none too happy about being asked to give a thumbs up to a big fraud like Globo, but I imagine that work is hard to come by as a Celtic deity these days.

BREAKING: Gabriel Grego the Globo Destroyer – new speaker at Gold & Bears – get 1 of 25 free tickets today

Published 550 days ago

Breaking news: We have a new speaker at Gold & Bears, Gabriel Grego the author of the report that exposed the Globo fraud is flying in from New York as a new headliner. This guy is good.

Thoughts on The Globo Report

Published 553 days ago

The much anticipated short report on Globo (GBO) arrived last night  - see HERE - and predictably the shares have been suspended pending the company’s rebuttal. I have written about Globo quite a lot in the past and for what it’s worth, I offer my opinion on the subject.

Petropavlovsk Trading statement - all on track: buy

Published 553 days ago

Petropavlovsk (POG) has updated that it “successfully achieved its Q3 production levels” and “is confidently following its repayment schedule and expects to stay within its financial covenants at the year-end results” - good news!

My top ten shorts for Christmas – Tom Winnifrith

Published 557 days ago

Circumstances change, share prices change and so ones evaluation of what is in sight as a good short always changes. Challenged by a reader I serve up my ten top shorts/sells for Christmas, with one caveat.

African Potash. Another Non Profit Organisation for Chris Cleverly to run - sell

Published 558 days ago

Last week, when writing about joke silver prospect Arian (AGQ), I promised to highlight another miner with almost ten times the market cap and even lowlier prospects.

Buy Petropavlovsk at 6.47p - target price to sell within 3 years 19p

Published 560 days ago

Investment Case: As noted last month with Berkeley Energy, it is not a surprise to see eye-watering share price declines over previous years for stocks with sector: “Mining”. Shares in *Petropavlovsk plc, formerly Peter Hambro Mining, (POG) have particularly suffered – they down from more than 400p at the commencement of 2011 and more than 100p at the commencement of 2013 to a current 6.47p offer price – amidst a combination of sector-wide and company-specific challenges, the latter including a vast debt pile. However, a recent refinancing and refocusing – with production now being optimised from a cash generation point of view – now offer the promise of a decent recovery from current levels and the shares are a buy…the target price to sell is 19p within three years.

Caption Competition result and a new one, in honour of Xavier "L'Autruche" Rolet of the LSE

Published 562 days ago

Entries in Wednesday's caption competition were entertaining as readers poked fun at AIM Regulation's ineptitude over the Quindell (QPP) and the ShareProphets AIM-China Filthy Forty scandals. We have a winner - and a new contest in honour of Xavier "L'Atruche" Rolet, CEO of the London Stock Exchange Group as we celebrate AIM-China execution number 13, ARC Capital (ARCH).

APR Energy: I am inconvenienced but not out of the game

Published 567 days ago

As a timely reminder that short selling is not all plain sailing right now, I have been somewhat inconvenienced by the sharp rise in the shares of APR Energy (APR) on the news that 18% shareholder Fairfax Financial along with 11% owner Albright Capital Management and an entity named ACON Investments may make an offer.

Berkeley Energy - updated JORC resource: very good news!

Published 567 days ago

Berkeley Energy (BKY) has announced an updated JORC compliant mineral resource and reiterated that “the inclusion of the important Zona 7 deposit is expected to fundamentally improve the economics of the Salamanca project, even at current uranium prices, by significantly increasing the mine life, the production rates and by reducing the operating costs”

Arian Silver - always bet against a company with a death spiral

Published 568 days ago

I was all set to recommend selling Arian Silver (AGQ) when it popped to 12p the other day for no apparent reason. It’s now 8p to sell and despite a lowly market cap of £2.8 million  the shares are likely to trade much lower.

We are going to tip a gold share TODAY for the first time in 2 years, don’t miss out

Published 573 days ago

Tom Winnifrith & Steve Moore write: Owning gold shares for the past three years has been investment hara-kiri. Portfolios have been slaughtered and with Glencore shares collapsing there really is blood on the mining streets right now. That’s our cue. On our Nifty Fifty website we are tipping a gold share TODAY and we see the shares trebling within two years.

Avanti Communications: The Jungle Drums say no facebook deal in Africa - the shares are a sell

Published 573 days ago

Oh dear. Last Autumn the big ramp from supporters of Avanti Communications (AVN) was that it would sign a major deal with Facebook to provide internet in Africa. It was even suggested that facebook might bid for the AIM listed company with the most bombastic CEO on this planet, Mr David Williams. Oh dear. It ain’t going to happen.

Universe Group - cracking contract win - still upside in the shares

Published 575 days ago

Updating on interim results from Universe Group (UNG) a few days ago,  we noted that a second half weighting does mean elevated risk to forecasts, though management’s quiet confidence reassured. On Friday the company has announced “a major contract with Conviviality Retail Plc, the UK's largest franchised off-licence and convenience store chain with the Bargain Booze fascia”

Avanti Communications PLC - Finding Revenue From Outer Space?

Published 578 days ago

You have to hand it to Avanti Communications (AVN): faced with its fourth annual earnings or revenue miss on the trot it has managed yet again to paper over the ever-widening cracks in its creaking edifice.

Tern – a few attacks of amnesia ref Companies House and those warrants

Published 581 days ago

Tern’s jewel-in-the-crown investee company, Cryptosoft, appointed a new Company Secretary on 24 July this year in the form of Gravitas Company Secretarial Services Ltd. They seem to have had their work cut out, as we shall see. But in the process of filing various amendments to Companies House a few questions are thrown up over Tern’s investment into Cryptosoft. And then it is back (yawn, yawn) to those pesky warrants where is starts to look as though the giveaway was less accidental than first appeared.

SpaceandPeople Interims, French news and all on track

Published 581 days ago

SpaceandPeople (SAL) has announced results for the first half of 2015 and a pilot contract for its Mobile Promotional Kiosk with one of the largest retail owners in the French market.

Tungsten AGM and Q1 Trading Statement. No Sign of Encouragement - still a short

Published 583 days ago

As predicted recently, this week's Tungsten (TUNG)  AGM statement and first quarter trading statement did nothing to suggest that there is a viable business there and underlined the difficult predicament facing hapless CEO, Richard Hurwitz, who has been tasked with clearing up the mess left by  former boss, the wannabe disrupter and visionary, Edi Truell.

GLI Finance - launches closed end fund - shares are a buy (yield 9.5%)

Published 585 days ago

GLI Finance (GLIF) has announced that “it has successfully launched GLI Alternative Finance plc, a closed end fund focusing on a loan portfolio diversified by geography, asset class, duration and security”

Tom Winnifrith Bearcast 22 Sept - Joshing with Paul Scott as Lucian bashes sheep shaggers

Published 586 days ago

How can I think straight when Corrie live is on tonight? Anyhow, I continue my debate with Paul Scott on Boohoo.com (BOO). He thinks I'm wrong HERE but I suggest a few points he may wish to consider. Then Lucian Miers flags up the curse of Welsh folks called Williams involved with PLCs - David at Avanti Communications (AVN), Jim and Tony at Arian Silver (AGQ) but is David at Tungsten (TUNG) a sheep shagger? And what about Chris Oil? We need to know. I discuss Arian in its own merits plus Europa Oil & Gas (EOG), Mosman Oil & Gas (MSMN) and in detail Premaitha (NIPT).

Distil - very positive trading update, shares still a buy

Published 590 days ago

Owner of premium drinks brands, Distil plc (DIS) has updated on “a continuation” of the positive trend from its AGM update in July.

K3 Results, company chat - all looking good, we are 100% ahead on our share tip - more to come

Published 590 days ago

K3 Business Technology (KBT) has announced results for its year ended 30th June 2015 and what it describes as“a major contract win for its ‘ax l is fashion’ solution”. The following updates post a chat with the management of a company where we are c100% ahead on our share tip. There is more to come...

Globo – look at the small print: I stay short

Published 592 days ago

Monday’s statement from Globo (GBO) was clearly designed to put the best possible gloss on the fact that its attempt, signalled in June, to raise $180 million in the junk bond market is foundering.

APR Energy - look at the small print: I stay short

Published 592 days ago

It is always worth looking at the small print, the notes at the back of an annual report. The following gem appears in the (unaudited) interim statement prepared by APR Energy’s (APR) auditors, Deloitte, stating that:

After five years it is time to nibble at mining stocks once more – new hot tip from Tom Winnifrith TODAY

Published 593 days ago

For the past five years owning shares in mining companies has been investment suicide. And in three years on the Nifty Fifty website Steve Moore and I have tipped just three mining stocks and now follow just one. Avoiding the sector has helped us deliver returns averaging more than 20% per annum. But now we are planning to tip a mining stock TODAY.

Tern and Tungsten. The Penny has Further to Drop

Published 595 days ago

Last week I warned about overvalued AIM listed Tech promotion Tern (TERN) PLC at 26p. The shares are currently 19p so it does look as is sentiment and momentum has finally turned (excuse the pun)

Fox Marble Interims - buy

Published 596 days ago

Fox Marble (FOX) has announced results for the first half of 2015 and that, whilst frustrated by operational setbacks experienced, remains “confident of fulfilling our plans”.

Reader Poll - how many China Fraud Filthy Forty shares will be Dead by December 31 2015?

Published 596 days ago

Last month we launched the ShareProphets Filthy Forty – companies with their main operations in China, registered overseas (apart from a handful in Hong Kong) and listed on AIM on June 1 2014. We noted that the overall performance was astounding: average loss from IPO was 43%, and nine had already been booted off the exchange. An attrition rate of 22.5%. The reasons varied between Nomad resignations (5), being booted off for failing to publish accounts (2) and voluntary delistings (2).

InterQuest Interims - Very much on track: buy

Published 599 days ago

InterQuest Group (ITQ) has announced results for the first half of 2015 and that “we enter the second half of 2015 with positive momentum, positioned well to capitalise on the opportunities in the second half of the year and beyond”.

SpaceandPeople great contract win - another share tip looking good

Published 602 days ago

Having announced in June its selection by Network Rail as preferred bidder for the Concourse Exhibitions, Events & Distributions contract, 71.5p per share July share tip SpaceandPeople (SAL) has now announced the signing of the five year contract, sending its shares currently more than 12% higher on the news to 86.5p.

Sell Tern at 26.5p

Published 603 days ago

Mug punters in search of get rich quick opportunities on the seedy AIM casino seem to have abandoned resource stocks  for the moment which is no surprise given the price of gold, oil and the general slump in commodities. China Frauds also seem to have lost their lustre.

Eden PLC A blast from the Past and my only new short of summer

Published 609 days ago

The recent volatility in the markets has been enjoyable to watch from the side-lines. That perennial bulls should be panicking and demanding federal intervention because the index retreats some 12% from its high after six years of straight gains demonstrates how reliant we have become on rigged stock markets.

Eden Research – this stinks more and more – answer basic frigging questions you tossers

Published 613 days ago

On Monday I stated that an RNS from AIM Cesspit listed Eden Research stank to high heaven. A quite bizarre exchange of emails has followed as more has emerged about that pongy deal with Eden just refusing to answer basic questions.

EBITDA is a bull market metric for fools and knaves – ref blinkx and Globo

Published 615 days ago

I leave it to Steve Moore to have the pleasure of plunging the knife into the dog blinkx (BLNX) after its profits warning HERE. It is a dog pure and simple and the shares, at 21p, are a stonking sell with a 12p target for starters. On the matter of blinkx we long term bears are again vindicated while the self-proclaimed expert on the stock, the disgraced ramper Roger Lawson of ShareSoc is one more shown up as a fool as well as a knave. But now to EBITDA.

Memo to Globo. Have you tried MAST Capital Management LLC?

Published 615 days ago

It is now over two months since Globo (GBO) - the international provider of Enterprise Mobility Management - announced its intention to raise up to $180 million in high yield bonds, despite apparently having no real need for the funds with net cash of €47 million.

Mattioli Woods - Good news but bank gains and sell the shares

Published 616 days ago

Mattioli Woods (MTW) has announced an agreement, expected to cost £14.6 million, for the development of a new 60,000 square foot office on the site of the former city council headquarters in central Leicester. This should bring long-term benefits, but...

ShareProphets Filthy Forty – Dr Johnny Hon comes out of the shadows as Executive Chairman of Gate Ventures

Published 620 days ago

Lucian Miers did a superb piece HERE which looked at some of the people involved in the ShareProphets AIM-China Filthy Forty poster boy, Gate Ventures (GATE). Gate, you may remember, had an extraordinarily short-lived existence on AIM in that it was given the order of the boot after even Beaumont Cornish found it all too much to represent this outfit as Nomad, and no-one else would either.

Amara Mining Interims - still a buy

Published 623 days ago

Amara Mining* (AMA) has announced results for the first half of 2015 as it continues to advance its Yaoure gold project in Côte d'Ivoire.

Camkids, China Chaintek and the joke that is AIM

Published 623 days ago

It seems like ages ago that the then Chairman of the London Stock Exchange, Mr Gibson Smith stared at me disdainfully at the police-state plenum-style AGM and in answer to my question as to whether having AIM was really worth the sweat, given its minimal contribution to Group profits compared to the colossal reputational damage it was wreaking, trotted out some feeble rehearsed platitudes about the importance of the AIM market, the quality of the Nomads, and lack of wholesale fraud in the AIM listed China-based community.

AIM Regulation writes Xavier Rolet’s damning suicide note as the London Stock Exchange proves that it is unfit to run a bath

Published 630 days ago

I had a good chuckle at Ben Turney’s ShareProphets Translation Service piece (HERE) covering the formal statement issued by AIM Regulation regarding the biggest stock market fraud the UK has seen in thirty years, otherwise known as Quindell. I am not laughing now. Wednesday’s statement from AIM Regulation proves once and for all that it is just a sham designed to lure investors into a false belief that the LSE’s junior market is policed. It is a front, and an affront. 

Buy SpaceandPeople

Published 637 days ago

Investment Case: From around 140p, shares in SpaceandPeople plc (SAL) fell swiftly towards 60p last year following a profit warning on slower than anticipated sales. However, the final results statement for 2014 noted that “the cost base of the business at all levels has been lowered, the effectiveness of the sales team improved and a new mobile promotions kiosk product and service launched successfully. As a result, trading in the latter part of the year stabilised and also showed promising signs of growth”. This has since been followed by a positive AGM update and contract news and, at a current 80p offer price, the shares are a buy - we tipped this at 71.5p offer two weeks ago.

Monetise and Concha to fill the void left by Afren and Gate Ventures as prime shorts

Published 637 days ago

I note that Afren (AFR) shareholders have finally been put out of their misery today as the company is put into administration. It had been apparent for some time that the shares were worth either an absolute top of 1p, the proposed restructuring price, or zero if the deal fell through. This did not stop punters paying 2p shortly before the shares were suspended. As bears in Afren we owe these people a big and heartfelt thank you.

Globo PLC What’s with the Junk Bond Issue? Something’s Wrong Here.

Published 642 days ago

You have eighty grand in the bank yielding less than one percent. You don’t really need the cash anytime soon but even so you go out and borrow forty grand at around 4%  When that loan falls due you go out looking to borrow more money at 10% to pay it back and have some more for a rainy day. 

Entu Interims - look at the yield and buy

Published 645 days ago

Entu (ENTU) has announced results for the six months ended 30th April 2015 and that “we have seen and continue to see increased activity levels in the second half, and we remain on track to meet market expectations for the full year”.

Buy Norcross at a 20.25p offer

Published 647 days ago

We tipped Norcros shares a few weeks ago at a 20p offer. The offer is now 20.25p. Suffice to say they are still cheap. Our next hot share tip is out this afternoon on the Nifty Fifty and we hope to beat our current average gain per tip ( 23% average holding period less than a year) with that one. To access that tip click HERE

Tom Winnifrith Bearcast 19 July - 10 top shares to short for summer

Published 651 days ago

Okay, the sabbatical really does start this week so maybe not that many bearcasts from now. But for today I explain why the market will be harder for non profit stocks and on that basis I start with a reference to my 21 stock death list of last month (Afren looks to be the first to fall) HERE but also refer to the excellent must read piece by Lucian Miers yesterday HERE. And then I launch into my 10 top shorts for summer. Companies mentioned are:

Resisting the Temptation to Gloat. Who is Next? Avanti Communications?

Published 652 days ago

I am not a great one for gloating, but as I head off for the summer holiday, it is with a certain satisfaction that I note that four of the stocks that I have covered extensively here over the last year are currently suspended.

What do you get when you cross a chicken with a pig? A Vislink Director. Bank gains and sell

Published 656 days ago

A new “incentive policy” for executive directors and senior management at Vislink plc (VLK) has led to a shareholder action campaign - which looks 100% justified

Plastics Capital Results - a buy for yield

Published 658 days ago

Plastics Capital (PLA) has announced results for its year ended 31st March 2015 and that “trading in the current year is in line with management's expectations” - we note those numbers had already been shaved some months ago. However

Avanti Communications Group - Keep Selling

Published 659 days ago

Avanti Communications (AVN) came out with a fourth quarter trading update on Monday and followed that up yesterday with news of a contract win in Spain. The shares have edged higher to 210p, valuing the company at £306 million representing a good shorting opportunity for those who can see through the usual Avanti bluster.

Performance Update: 2015 UK Investor Show bear calls & investor short positions

Published 660 days ago

At the 18th April 2015 UK Investor Show, the top shorts of bears Evil Knievil, Lucian Miers, Matt Earl and Kevin Ashton were announced. As noted HERE, we're monitoring progress of those also having been identified as shorts by significant investment companies...

Adept Telecom - bank nine month 45% gain on the shares - another great share tip!

Published 661 days ago

AdEPT Telecom (ADT) has announced results for its year ended 31st March 2015, with it “winning direct new business with larger customers, particularly in the public sector, and complementing this with earnings enhancing acquisitions”. It is all good stuff.

APR Energy. Resist the Temptation to Close the Short.

Published 662 days ago

wrote about APR Energy (APR) two weeks ago after the shares had crashed from 360p to around 200p on a terrible trading statement and warned of the dangers of bottom fishing.

Exclusive: Lucian Miers writes to AIM Regulation & ZAI Corporate Finance re the China fraud Gate Ventures

Published 672 days ago

Bear raider: Lucian Miers has written to AIM Regulation about China fraud Gate Ventures (GATE) and has cc'd in ZAI Corpoate Finance which is widely believed to be the only Nomad prepared to consider acting for these shysters now that Roland "Fatty" Cornish has quit in disgust. Lucian's letter does not pull its punches and is below.

Gate Ventures - Nomad "fatty Cornish" quits - shares suspended

Published 677 days ago

At last the spineless crony capitalist pig Roland "fatty" Cornish of New World Oil & Gas infamy, has quit as Nomad to China fraud Gate Ventures (GATE) and hence the shares have been suspended at once. The shares were listed in March and via fees and from exercising warrants and flogging shares - even though the prospectus said he could not exercise for a year - fatty has trousered c£400,000 but now even this greedy pig, devoid of principle has had enough.

Is APR the new AFR?

Published 679 days ago

When a share price collapses it is often tempting to go bottom fishing on the basis that the fall is overdone. Some people use this as an investment strategy: look for the biggest fallers of the day and buy them: hoping that the bigger the fall, the bigger the bounce will be. Sometimes this works but it’s usually down to luck rather than judgement and more often than not ends in tears.

1Spatial snaps up Enables IT - its a cute deal

Published 679 days ago

1Spatial (SPA) has announced a recommended £2.08 million all-share offer for fellow AIM-listed Enables IT Group (based on a value of 6.75p per 1Spatial Share. Its a cute deal.

Avesco interims - bang on track, no its better! tip going very well

Published 685 days ago

International media services group, Avesco (AVS) has announced results for the six months ended 31st March 2015 and that “the full year results are again likely to exceed the board's prior expectations”

Still Short Plus 500. Risk Reward attractive at 370p

Published 687 days ago

I don’t know much about Playtech or its “colourful” founder Teddy Sagi (briefly imprisoned as a lad for grave deceit, bribery and insider trading) but they have certainly done no favours to bulls and bears alike in bidding 400p per share in cash for Plus 500 (PLUS).

Gate Ventures PLC & Gatewang PLC: Tick Tock, MLM is a crime don't you know

Published 691 days ago

The prohibition in China of Multi Level Marketing (MLM) schemes is one of the few areas where this fraud friendly nation is less tolerant of malpractice than the usually more draconian climate prevailing in the US where MLM seems to thrive and survive. Until recently this was not a big issue as in many instances the law against MLM in China was simply ignored in practice, with few consequences for the perpetrators.

Amino - good statement but time to bank gains on a very good share tip

Published 693 days ago

Amino Technologies (AMO) has updated investors that “the return to revenue growth, as announced at the time of the Amino's full year results in February 2015, has continued and for the half-year expects to report year-on-year growth in both revenue and profit before tax” and that it “expects the traditional second half seasonal weighting in revenues to continue and is confident that results for the full year ending 30 November 2015 will be in line with current market expectations.”

Buy IS Solutions

Published 696 days ago

Investment Case: Having reached more than 70p in March 2014, shares in IT systems integrator, IS Solutions (LSE:ISL) have fallen back to a current 60p offer price, capitalising the company at £21 million. The shares rose from 46p on the back of a December announcement of the successful conclusion of negotiations for “a major Analytics contract” and that “the business also has a number of exciting opportunities within its pipeline; this together with recent business wins and a number of projects coming back on stream bodes well for the future”, but are thus far little changed in 2015 having commenced the year at 54.25p. This looks to fail to reflect continuing positive progress and the shares are a buy.

GLI Finance - positive trading update

Published 698 days ago

GLI Finance (GLIF) has updated its loyal investors on a 7.1% increase in net asset value per share in the first quarter of 2014 and that the finance platforms in which it has invested are all performing well, many are ahead of our expectations and we expect significant developments in the second half of this year”

Daniel Stewart : Valuation Insane.

Published 698 days ago

Google Zainab Binte Mohamed Omar and not a lot comes up other than his ownership of 29% of troubled stockbroker Daniel Stewart (DAN) via a Singapore registered vehicle named Epsilon Investments.

Reach4Entertainment Results - worth a flutter for the brave

Published 700 days ago

Owner of London and New York-based theatre and live entertainment marketing businesses, Dewynters and SpotCo respectively, together with London-based signage and fascia business, Newman Displays, Reach4Entertainment(R4E) has announced results for the 2014 calendar year and that it is “continuing positive discussions with our main lender to create a future financial base which will support our ability to maintain and extend our position as market leaders in promoting theatre, film and live entertainment events”

Prime People - very impressive results, another winning share tip

Published 701 days ago

Prime People (PRP), the recruitment business specialising in the real estate & built environment, energy & environmental and insight & analytics sectors has announced results for its year ended 31st March 2015 and that “levels of activity are currently steady providing confidence for a good outcome for 2016”.

Odey’s Prophecy proved Bang on the Money for Two of his AIM Positions: Tungsten Corporation and Plus 500

Published 703 days ago

Cripin Odey made headlines back in January when he predicted that we were on the cusp of a market meltdown so savage that would be talked about in 100 years’ time. Odey is smart and presumably has taken out a hedging strategy that will protect his fund from such an outcome.

Amino Technologies, more good news from this Nifty Fifty winning share tip

Published 708 days ago

Amino Technologies (AMO) has announced an initial €7.9 million, and up to €10.5 million, acquisition of Booxmedia Oy, a Finland-based Software-as-a-Service cloud TV platform provider, extending its IP entertainment delivery offering beyond its current connected-home focus.

A tale of two updates: Avanti and Tungsten

Published 712 days ago

Both Avanti Communications (AVN) and Tungsten Corporation (TUNG) had trading updates last week. The knee jerk response to both was to mark the shares higher before slamming into reverse, in the case of Tungsten within minutes and with brutal consequences, whereas Avanti has experienced a gentle drift to just below the pre update level of 230p.

Mitie - Evil Knievil's biggest short and why he's excited ahead of Monday

Published 716 days ago

Mitie (MTO) is now the biggest short position of The UK's second best known bear raider (after Lucian Miers, natch) Evil Knievil and the fat man says that he is expecting a big win on Monday.

Action Hotels maiden profit - buy

Published 717 days ago

Owner, developer and asset manager of branded economy and midscale hotels in the Middle East and Australia, Action Hotels (AHCG) has announced a maiden profit for 2014 and that “the first four months of 2015 have been encouraging”

Tungsten Trading Statement Preview - I stay short big time.

Published 719 days ago

The recent slide in the shares of Tungsten Corporation (TUNG) accelerated on Friday despite a massive post-election relief rally in the broader market.  It would appear that investors are nervous ahead of a trading update due on Thursday. In theory there should be no surprises as the company stated in its interim statement in January:

Buy Distil at 0.8p

Published 721 days ago

Investment Case: Formerly Blavod Wines & Spirits, this is a company which has been around for ages but has thus far failed to deliver. However, having joined the board as a non-executive in 2010, Don Goulding - previously a senior executive and lastly UK Managing Director at industry giant Diageo - took the full reins in late 2011 and has led the company to exit distribution for third parties to focus on developing owned brands. Although not yet reflected in the financial results, this looks a move of some promise and the shares at a 0.8p offer price, capitalising the company at sub £3.5 million, are a buy.

GLI Finance - another acquisition ticks the right boxes - really a rather good share tip

Published 721 days ago

Having updated at its end of April AGM that it continues to monitor opportunities to further develop its range of platforms, “but given the potential size of origination capability of our existing platforms, we are only pursuing significant opportunities that can add material and differentiated origination”, GLI Finance (GLIF) has announced a £1.25 million investment in Funding Options Ltd.

Video interview from the UK Investor Show Blogger's Cafe: the UK's leading bear Lucian Miers

Published 725 days ago

Lucian Miers is now widely recognised as the most astute bear in Britain giving his enormous attention to detail and meticulous research. He puts the forensics into short selling. At the UK Investor Show as well as dominating the main stage bears session, Lucian recorded a short video interview. He can be followed on twitter @Lucianmiers and writes a weekly short letter on the Nifty Fifty website

I did not go into journalism to see small PIs burned but to nail bad guys & I won’t change just to win New World popularity

Published 727 days ago

That New World Oil & Gas (NEW) is an omnishambles is clear. Ben Turney has one route for going forward (see HERE) which has made him the hero of the LSE Asylum and the twitter lynch mob. I regard his actions as morally reprehensible but publish his articles anyway as I support free speech. But his case is both misleading and shocking in that it targets the very folk that I thought he, Brokerman Dan, Nigel Somerville, Malcolm Stacey and others who have written on this website wanted to protect – ordinary punters.

Begbies Traynor profits warning but yield attractive and looks safe

Published 728 days ago

Having announced in March that “increased activity levels in the typically busier winter months for insolvency leave the group well placed to deliver the board’s expectations for the year as a whole”, Begbies Traynor (BEG) has now disappointingly updated that it “now anticipates that the outturn for the full year will be below market expectations” - pointing to a further decline in the insolvency market in the UK…

More China fraud thoughts post the LSE AGM & Good news on Afren

Published 729 days ago

Attending the London Stock Exchange (LSE) AGM on Wednesday was a profoundly depressing experience. It was like what one imagines a Communist Party Plenum in some third world country might be like, packed with muscular security and unsmiling jobsworths. Extremely un-British in all respects. A photocopy of a letter from my broker confirming my holding in the company was not deemed acceptable and I had to take a cab ride up the road to get the original.

AdEPT Telecom – material acquisition looks good

Published 729 days ago

AdEPT Telecom (ADT) has announced an agreement to acquire Centrix Ltd, a provider of complex unified communications and managed services, for up to £10.5 million – it looks a canny deal.

AFC Energy. Is it worth £150 million? You must be kidding.

Published 731 days ago

AFC Energy (AFC) is currently enjoying its day in the sun as the AIM Casino’s favourite fuel cell stock. Hydrogen fuel cell technology companies were all the rage in 2006/7 at about the time AFC Energy was floated, with Ceres Power and ITM Power reaching stratospheric valuations before crashing back down to earth and, in the case of Ceres Power, all but wiping out shareholders.

A Question for AIM Regulation ahead of LSE AGM: Is Rob Terry Lying or are you useless?

Published 733 days ago

At the AGM of the London Stock Exchange (LSE) tomorrow, Lucian Miers, Nigel Somerville and others will be quizzing it over the lack of regulation on its in house casino. I refer to AIM. So here is something I might ask and it comes from the fraudster and insider dealer Mr Robert Terry, formerly of Quindell.

AdEPT new banking facility - good news

Published 734 days ago

AdEPT Telecom (ADT) has announced a new bigger, longer and cheaper banking facility as it reports that it continues to identify earnings enhancing acquisition opportunities

The bears not alone in a number of their 2015 UK Investor Show top short selections...

Published 734 days ago

At the 18th April 2015 UK Investor Show, the top shorts of bears Evil Knievil, Lucian Miers, Matt Earl and Kevin Ashton were announced - watch the video HERE. As shown below (from the FCA's spreadsheet of short positions required to be disclosed to it), a number of their top selections have also been identified as shorts by significant investment companies. We'll monitor progress, but, as noted previously, investors may at least want to double check if they are on the other side of the trades...

Lombard Risk Management - now for some good news

Published 734 days ago

Having disappointingly updated last month that earnings would be “materially lower” than expectations “as the result of regulatory delay leading to deferrals in the signing of certain contracts and delays in achieving revenues from certain of the alliance partnerships”,  Lombard Risk Management (LRM) has now more positively updated that its collateral management, clearing, inventory management and optimisation solution, COLLINE, “has recorded a significant number of sales and 'go-lives' in the past few months”

Video: The Three Bears at Uk Investor - Evil Knievil, Lucian Miers and Matt Earl

Published 736 days ago

The last minute intervention of free speech deniers and Nomad to POS Coms and Tungsten, Charles Stanley, deprived us of the great Kevin Ashton but the bear pit at UK Investor Show still went with a bang thanks to Lucian Miers, Matt Early, Evil Knievil and myself, Tom Winnifrith. Enjoy the video.

The London Stock Exchange...I’m coming for you on April 29...calling the peasants to arms

Published 739 days ago

On April 29th the London Stock Exchange (LSE) holds its AGM and this is a call to arms to all you peasants out there, that is to say ordinary decent private investors who have been shafted and screwed by the way that the LSE has mismanaged AIM turning it into a crime infested casino. It is time to hold the Board of the LSE to account.

Amara*: new funding is good news

Published 740 days ago

Amara Mining* (AMA) has announced a proposed $10 million strategic investment by International Finance Corporation, a member of the World Bank Group and the largest global development institution focused exclusively on the private sector…

BREAKING: Gatewang & Gate Ventures & Chinese Whispers

Published 743 days ago

It is easy to see understand why the name of colourful entrepreneur Johnny Hon is conspicuous by its absence in the AIM admission document of GATE Ventures (GATE). Practically everything that he has been involved in (Canton Property, Global Education, Global Entertainment, RG Group to name four) has been an unmitigated disaster. The problem is that it is a legal requirement under the FCA Disclosure and Transparency rules and the flagrant breach of such rules should not be tolerated, even by a body as supine as the AIM Regulation team.

Symphony 2014 results weak, 2015 will be better but how much better?

Published 743 days ago

Symphony Environmental Technologies (SYM) has announced disappointing results for the 2014 calendar year, but that “our expectations for 2015 and beyond are to deliver positive and meaningful growth”.

Universe Group - 2014 numbers: all on track: buy!

Published 744 days ago

Developer and supplier of point of sale, payment and loyalty systems, Universe Group (UNG) has announced results for the 2014 calendar year and that “we look forward to 2015 and beyond with confidence”. The following updates post a chat with Chairman Robert Goddard and CEO Jeremy Lewis.

Environmental Recycling, formerly 3DM, still a POS 10 years after we battled last - time for round 2?

Published 748 days ago

The Quindell of 2005 was a company called 3DM. Its shareholders the ThreeDimmers saw the AIM casino stock hyped up to 150p as this former Kazakh loo paper manufacturer told lie after lie. It sent me lawyer’s letter after lawyer’s letter as it tried to bully me into silence. Its cheerleaders, tipster Mike Walters and a City spiv called Johnny Townsend, encouraged all shareholders to report me to the FSA (the FCA of old). But in the end it was 3DM that was censured not once but twice by the FSA (2006 and 2008) for its serial lies. Today that company is called Environmental Recycling (ENRT) and it is still on AIM. Just.

Who would like to attend the LSE AGM with Lucian and myself on 29th April – half price pizza after

Published 748 days ago

Ok I am up for it. In response to popular demand I will be coming up to London on April 29th in order to attend the London Stock Exchange (LSE) AGM to give the useless tossers in charge a hard time about fraud on AIM, both Chinese and otherwise. Lucian Miers is up for it, anyone else fancy a bunfight followed by pizza.

Should I go to the London Stock Exchange AGM to ask about China frauds?

Published 749 days ago

Whaddya think? Lucian Miers reckons that we should both buy a few shares (and this time I will have full documentation) and head along to the London Stock Exchange (LSE) AGM on April 29th to pick a fight over Naibu (NBU) and the other China frauds. Should we go?

Adept Telecom - very pleasing trading update...but

Published 750 days ago

Another winning share tip! AdEPT Telecom (ADT) has updated that profit for its year ended 31st March 2015 is expected to be in line with market consensus expectation, with cash flow ahead – enabling a more than 58% increase in total dividends for the year.

Fox Marble..this sounds much better

Published 750 days ago

Fox Marble (FOX) has announced further sales to Berkeley Homes plc and initial small scale orders for its red, Rosso Cait, marble for customers in Egypt.

UK Investor Show – come chat to us at the Bloggers Café: tickets start landing today

Published 750 days ago

To save me answering a few emails, tickets for the UK Investor Show should start landing today. By tomorrow all bar 40 of the 2000 tickets should have landed so if you have booked and not got a ticket by Thursday PM email me on tomat49@gmail.com and I will sort it out. The show is now just 10 days away and there are still 40 tickets available so if you want one book NOW at www.UKInvestorshow.com – there are many reasons to book but one is “The bloggers café”

The Bears Move on: Quindell short becomes a Slater & Gordon short

Published 752 days ago

Slater & Gordon overpaid grotesquely for the Quindell (QPP) legal business but the Aussie company is now beginning to pick up the tab as the bears move in. Two of the bear pit panel at UK Investor Show are already short of Slater & Gordon as is well known Aussie bear raider John Hempton of Bronte Capital. Lucian Miers opens the batting for the UK bears.

Sell Daniel Stewart at anything over 1p

Published 758 days ago

I remember a holiday about ten years ago was somewhat ruined by a short position that I had left open ten bagging against me on the news that a convicted fraudster named Terry Ramsden (older readers may recall this flamboyant figure from the 80s, younger readers can take a refresher HERE as he is back) had taken a stake and was about to make a comeback.

Stanley Gibbons profits warning - buying op?

Published 758 days ago

Stanley Gibbons (SGI) has disappointingly announced that “because a number of anticipated high value sales within the group's retail business were not completed in the run up to the (31st March) year end… it is expected that results will be materially below current market expectations”. The following updates with the shares now 8.5% lower in response at 241p-246p…

Fewer than 100 seats left (of 2000) for UK Investor on April 18 – book now

Published 759 days ago

News of new speakers at the UK Investor Show including legendary fund manager Mark Slater has seen a surge in demand for seats for the show of the year on April 18. There are now fewer than 100 of the 2000 seats left for grabs so if you want to attend book your seat now at www.UKInvestorShow.com

GLI Finance - 2014 numbers more than ok - 5p dividend looks good

Published 764 days ago

GLI Finance (GLIF) has been a good share tip for us and has just announced results for the 2014 calendar year and that “there is every sign that 2015 with be a breakthrough year for the company following the investments made during 2014”.

Vislink - results are encouraging: buy

Published 765 days ago

Vislink (VLK) has announced results for the 2014 calendar year and that its “markets continue to be challenging”but that it is buoyed by its expanding higher-margin software offering and more efficient integrated communication division under new leadership.

Tom Winnifrith Bearcast - 26 March

Published 766 days ago

I have a terrible migrane and am off to bed. Before I go a podcast covering the China Norfolks, Sierra Rutile, asylum madness and Teathers Financial and in detail Corero Networks. Oh, there is also a joke from Lucian Miers.

EMED Mining – enough is enough. We apologise. Sell.

Published 766 days ago

This has been a bad share tip. The macro scene has been unhelpful but whichever management team has been in charge EMED Mining (EMED) has not prospered. The latest revelation prompts us to apologise sincerely but to advise selling at 3.25p. Enough is enough.

K3 - solid results, bullish outlook

Published 774 days ago

K3 Business Technology (KBT) has announced what it emphasises are “very encouraging” results for its half year to 31st December 2014 and that “we continue to be confident of the exciting growth prospects available to us”. The following updates post a chat with management...

Odd One Out Result & the 9 villains for UK Investor Show explained

Published 774 days ago

Okay now we can put you out of your suspense. Let’s start with the nine villains  - let me explain. Thank you for all your suggestions, I can see that there is a ground swell of support for including Roland “Fatty” Cornish in the nine and who am I to object? The final 9 will be revealed on April 18 at UK Investor Show and you can see photos of them all at a special stand.

Begbies has good news: more folks are going bust

Published 777 days ago

Begbies Traynor (BEG) has updated that “increased activity levels in the typically busier winter months for insolvency leave the group well placed to deliver the board's expectations for the year as a whole”.

Gulf Keystone still a storming short

Published 777 days ago

Gulf Keystone (GKP) reminded potential suitors on Thursday why there was no reason to pay top dollar for it with the news that permission was needed from the 13% bondholders to avert the exercise of a put option which has been triggered by a fall in its asset value.

Cineworld - bank a c60% profit

Published 778 days ago

Following its February 2014 combination with Cinema City to create the second largest cinema chain in Europe, Cineworld (CINE) has announced results for the year to 1st January 2015 and that “the prospects for the group in 2015 are good. There is a strong film release programme and we are currently on track to open a further 20 cinemas during the year”.

Interquest - cracking results

Published 780 days ago

Specialist recruitment group InterQuest (ITQ) has announced results for the 2014 calendar year and that “early trading in 2015 has been in line with management's expectations and the benefits of a bigger contractor book are being seen”.

GLI Finance - more action from busy bees

Published 782 days ago

GLI Finance (GLIF) has announced a $1.25 million investment in, and the granting of a $5 million loan facility to, Open Energy Group, a financing platform for US commercial and small utility-scale solar projects.

Impellam - Results very much on track

Published 783 days ago

Provider of managed services and specialist staffing primarily based in the UK and North America, Impellam Group (IPEL) has released its results statement for the 53 weeks ended 2nd January 2015. This has helped the shares surge to 662.5p, comparing favourably  to a 485p offer price at which this was a share tip on the Nifty Fifty in November 2014

Avesco - more than pleasing trading update

Published 783 days ago

Provider of rental equipment and services for broadcasting, Avesco Group (AVS) has updated that “trading in the first few months of the financial year has continued the positive trends seen during last year”, that “the outlook for the summer period also looks promising” and that “the directors anticipate that results for the year to 30 September 2015 will be comfortably ahead of their previous expectations”.

EMED - Positive Operational Update

Published 784 days ago

EMED Mining (EMED) updated  investors on 23rd February on “rapid progress being made in the development of onsite operations” at its Rio Tinto copper project and that “we remain in advanced discussions with our funding partners and are confident of securing the financing for the re-start of production without delays to the company's anticipated timetable”.

Empresaria - pretty dam good results, we are almost 100% ahead on share tip - more to come

Published 785 days ago

International specialist staffing group, Empresaria (EMR) has announced results for the 2014 calendar year and that “we see exciting opportunities for growth across our network, particularly from the investments made in 2014, and look forward to the year ahead with confidence”. We are heading for 100% up on this share tip but there’s more to come.

Afren & Gulf Keystone remain slam dunk shorts

Published 785 days ago

I don't know what it is about oil that seems to bring out the worst in people but it is certainly the case that this sector is home to the most abusive and vituperative comments on the various financial bulletin boards.

April 18, Westminster, The Investor show of the year 75% sold out – book your seats today!

Published 786 days ago

The final gold tickets went last week. There are now fewer than 500 of the 2000 £12 investor class seats left for the show of the year and at current rates they will be gone within weeks so book your seats TODAY for UK Investor Show 2015 and here are 5 reasons why – you can book HERE.

Vislink Bullish Trading Update - our faith vindicated

Published 787 days ago

Specialist in the collection and delivery of live video and associated data for the broadcast, surveillance and defence markets, Vislink plc (VLK) has updated that it “anticipates adjusted operating profit for 2014 to be ahead of market expectations… following a better than anticipated end to the year” and that “trading for the current year has started in line with market expectations”.

Two new hot share tips out at 3.30 PM on the dot today

Published 793 days ago

It is a double share tip day today with both new share tips appearing at 3.30 PM today.

Tungsten, You Don't Know What You're Doing. Wake Up Chaps And Smell The Coffee!

Published 793 days ago

Tungsten Corporation (TUNG) was founded in 2012 by financiers Edmund and Danny Truell to buy something with potential in the Financial Services industry. After an attempt to float that year was aborted owing to market wobbles they finally got it away in October 2013 raising an impressive £160 million.It is unlikely that many people bothered to read the Admission Document.

AO World plc – profit warning provides further evidence that heavyweight bear interest is worth listening to

Published 795 days ago

“We continue to redefine retailing in our chosen categories with unbeatable prices, huge range and availability, complemented by amazing service.” So says AO World (AO.) CEO John Roberts today. Shareholders might not be so confident – the statement appearing after a warning that “the company expects growth in revenue and adjusted EBITDA for the UK business for the current quarter to be lower than anticipated” and that next year’s performance is also expected to be impacted.

Tungsten ... it's a small world part II

Published 796 days ago

A principal reason why I have a bearish stance on Tungsten (TUNG) is down to the the forward curve for Bank of England (or for that matter that the FED or ECB) policy rate expectations.

Tungsten, Naibu & Afren – 3 big bear wins on the way

Published 797 days ago

The disappearance of the Executive board at Naibu (NBU) will come as no surprise to those who follow my writings. It caused quite a stir in the investment community even making the front page of the FT

Bulletin Board Moron of the Week Number 13 Competition

Published 797 days ago

Oh dear. Having yesterday suggested that 99% of Bulletin Board posters are sane and just 1% morons I appear to be getting some stick from our readers for being too much of a nice guy. I can’t win.  With PWC looming for Quindell, insolvency looming for Afren and with the revalation of a fraud a day promised by me for Worthington, this week promises to see the loons in a true frenzy. Just remember:

Tungsten... it's a small world

Published 802 days ago

I've sold short in Tungsten (TUNG) at 208p and here's why. 

Naibu – Comedy and Tragedy – you cannot say I did not warn you

Published 802 days ago

The statement today from Naibu (NBU) is comedy. This is such a slam dunk fraud I cannot see why we bother pretending otherwise. The tragedy is that with the shares still suspended investors face a 100% wipe-out. I turn to the statement and also to the roll of shame and how this MUST BE CAREER ENDING for some folks if AIM Regulation is to retain any credibility. Are you reading Marcus Stuttard, the phoney “Sheriff of AIM”? The Real Sheriff has a message for you too. Let’s start with the statement which comes after a suspension on January 9 as the NEDS sough clarification of Naibu’s financial position.

Ashtead... United Rentals downgrades appear ominous

Published 802 days ago

Pursuant to a series of downgrades over recent months to United Rentals (URI US, market cap $8.7 billion), I shorted a little Ashtead (AHT) - with a market cap of £5.5 billion. After all, one would imagine that those closer to home know the score.

Afren & African Minerals – It just struck me

Published 804 days ago

Both of these stocks were Bulletin Board darlings and both will ultimately deliver either total or near total wipe-out for shareholders. It just struck me that they have other things in common. And the price action as death approaches is the most striking.

Afren Shares tank as bid talks off – still a sell at 5p – target 0p

Published 807 days ago

You cannot say that Lucian Miers, the Great Waseem and myself did not warn you often enough! Bid talks with SEPLAT are officially off and Afren (AFR) shares have tanked to 5p. Next stop 0p. To those who responded with abuse, enjoy poverty suckers but it is still not too late to get out.

Plastics Capital Trading Statement – I’m a bit flummoxed

Published 807 days ago

Plastics Capital (PLA) has done itself no favours at all with a trading statement which for word analysers is a bit of a puzzle. The good news is that it states baldly that it is on track to hit forecasts for the full year after a Q3 which was strong.

Entu – what’s not to like? Very strong maiden results

Published 808 days ago

Tipping a recent IPO is always a tad nerve-wracking as some companies just take their eye off the ball as they head to AIM, regarding it as the end of a journey not the start.  And so I am rather chuffed with Entu (ENTU) which listed in the autumn at 100p, we tipped at a 107p offer and which is now 120p-124p. Well done to young Steve for it was he who spotted this. Results out this week vindicate the lad.

Avanti: Back to the trough again as operating losses continue: Sell at 225p

Published 808 days ago

Last week, Avanti Communications (AVN), the cash guzzling satellite operator accompanied its interim statement with news that it had raised $91.5 million in a placing, This was an equity cushion demanded by bondholders before they stumped up more money to fund the Hylas 4 satellite so the coast is now clear for another $115 million debt to be added to the $520 million it already has, giving the company an annual interest bill of $60 million plus. Not bad for a company that has an operating cash outflow.

Premaitha launches Iona test as it gets CE mark ..shares up but more to come

Published 812 days ago

A few weeks earlier than we had expected, Premaitha Health (NIPT) has announced that it has received CE-mark approval for its Iona test and will therefore launch it commercially at once. This is good news and the shares are now 23.5p – 24.5p.

Afren a stonking short trade for Valentine at 10p

Published 812 days ago

Afren's (AFR) recent woes put it right up there with Quindell (QPP) as the must do short for February.  Where Quindell has one deadline this month, Afren has two:

Book Now for the UK’s top Investor show – 50 speakers, 110 companies – one day, April 18

Published 812 days ago

The UK Investor Show is the UK’s top investor show and takes place on April 18th in Westminster. To grab your ticket you can book now HERE. The keynote talks include:

Creston – bank gains after weak trading statement

Published 813 days ago

Marketing communications group Creston (CRE) posted up what can only be described as a rather weak trading statement for the period from 1 October to December 31. Sales grew by 5% in H1 but that slowed to just 1% in Q3.

Hutchison China Meditech – Take Profits

Published 815 days ago

The boy Moore and I do not want to seem like total spivs - we are long term investors. But....

Igas WILL go the same way as Afren, it is a when not an if

Published 818 days ago

Last week's meltdown in the share price at Afren (AFR) shows how devastatingly fast is the transfer of ownership from shareholders to debt holders when a company's loan covenants are breached.

Premaitha - good news but not quite the sealed deal yet

Published 820 days ago

Premaitha (NIPT) has announced that it is almost there on getting the crucial CE-mark for its IONA test. It has passed two key milestones including ISO 13485:2003 certification  which confirms that Premaitha's quality management system has been approved as applicable to the design, development and manufacture of in vitro diagnostic reagents and associated software for non-invasive assessment of genetic abnormalities.

Mattioli Woods - Interims leave us well ahead on this share tip

Published 822 days ago

Specialist wealth management and employee benefits business, Mattioli Woods (MTW) has announced results for the six months ended 30th November 2014, that “current trading remains in line with the board's expectations” and that “we believe our blend of wealth management and employee benefits positions us well to secure further profitable growth going forward”

Quindell, Avanti and Hurricane Energy – Lucian Miers & Evil Knievil’s top & new shorts

Published 822 days ago

The two leading bear raiders in London, Lucian Miers and Evil Knievil do not always agree but right now both have Quindell (QPP) and Avanti Communications (AVN) as their largest two shorts.

BREAKING: New UK Investor speaker announced: Kevin Ashton of Quindell fame

Published 824 days ago

Kevin Ashton was the analyst at Canaccord tasked with covering Quindell. When he handed in a note refusing to say buy or set a price target Rob Terry told Canaccord it would be fired as joint broker if it published it. So Ashston was fired. He is a feared analyst with a forensic mind and great integrity and he will now be speaking at the UK Investor show on April 18.

Thoughts on Quindell. Follow El Tel and Sell

Published 825 days ago

Having suffered two share price collapses in the last two years, it looks like Quindell (QPP) is setting itself up nicely for a third. 

Restore good trading statement but...

Published 826 days ago

Restore plc (RST) has updated “that trading for the year ended 31 December 2014 was in line with expectations”and that “we have an excellent platform for further profitable growth with strong visibility of earnings”

EMED a Turning Point

Published 827 days ago

Having earlier in the day announced that a delegation from the regional authorities would be visiting the Rio Tinto mine site, EMED Mining (EMED) yesterday morning announced that during a meeting it has received formal communication of the granting of a mining permit – “the last significant regulatory approvals… before normal mining and processing operations can commence”

Empresaria very strong trading update - at least 25% share price upside

Published 828 days ago

International specialist staffing group, Empresaria (EMR) has updated investors that calendar 2014 “profitability will be slightly ahead of market expectations” and that “we see exciting growth opportunities ahead and are confident in our ability to continue to deliver profitable growth”

Avanti Communications – Statement Needed NOW! Shares are a sell BTW

Published 829 days ago

Both Lucian Miers and myself are pretty bearish on Avanti Communications (AVN) on fundamentals as explained HERE by me and HERE by the Bard of the Boleyn. I’m pretty sure that after results on the 5th February, analysts will again reach for their red pens as forecasts are once again missed or fudged. The company is drowning in debt. But reports in that must read publication Spacenews.com suggest there is perhaps a major "problemo" with Hylas 3 and an RNS is needed NOW.

Action Hotels – Expect a “No Reason” statement soon

Published 830 days ago

Shares in Action Hotels (AHCG) are now off 12% today at 54.5p. I have spoken to the company and it is not aware of any reason for the share price fall.

Avanti Communications – worth a short ahead of February 5th results

Published 831 days ago

Lucian Miers had Avanti (AVN) down as one of his two top shorts for 2015 and so far it is looking a cracking short. Results are looming on February 5th.

Bearcast Special: Sirius, Webis and the utter disgrace that is Director's Talk

Published 832 days ago

Robert Tyerman vs Lucian Miers: the Sirius debate. I explain on whose side I am on. In this podcast I also cover Webis which I forgot to mention earlier. Notwithstanding the fact that my old friend Jim Mellon is a major shareholder I have a few words to say. The meat of this podcast is the disgrace that is Directors talk. This website should be exposed and boycotted and I explain why. The Ben Turney piece i refer to in this section is HERE

Sirius Minerals a sell at 8.75p Sirius money needed soon.

Published 832 days ago

I lasted shorted shares in Sirius Minerals (SXX) in August 2013 when the company, desperate for cash, announced a death spiral equity finance loan from an unnamed New York based firm. This was misleadingly dressed up as an investment, with CEO Chris Fraser even crowing that it demonstrated  “confidence in the on going development of the York Potash project” when anyone familiar with death spiral financing knows that it did no such thing and such arrangements invariably cause steep declines in the share price. 

Fox Marble Trading statement: penny share buy

Published 833 days ago

Fox Marble (FOX) has updated that, with much of the 2014 order book having been pushed into H1 2015, 2014 reported sales are expected to be only around €150K, though that it is “encouraged by the strong finish to the year in terms of deferred income, signed offtakes and sales agency agreements” , with “confirmed orders to date for 2015 currently stand at €1.5m of block and slab marble”.

Quindell - Tosca gives you another chance to short: grab it

Published 834 days ago

Quindell (QPP) has had a good few days after it emerged that Toscafund, a UK hedge fund,  holds 5.4% and upon the appointment of some fairly ropey NEDS, one of whom has already been involved in a mini scandal since he joined Quenron. The shares have tripled from last month's lows to value the company at £393 million, not bad for a concern whose founder has very publicly been involved in all kinds of fraud and skulduggery.

Cineworld Strong Trading Update leaves us well ahead on this share tip

Published 834 days ago

Cineworld Group (CINE) has announced that “we anticipate that group profitability for the year ended 1 January 2015 will be towards the top end of market consensus”. This follows its UK & Ireland business having continued to outperform the wider market and stronger box office growth elsewhere.

Avesco results, nothing at all to grumble about: buy

Published 834 days ago

Provider of rental equipment and services for broadcasting, Avesco Group (AVS) has announced results for its year ended 30th September 2014 which reflect both restructuring and even year events (Winter Olympics, FIFA World Cup, Commonwealth Games, Ryder Cup) benefits. The company though added that “the first quarter of the current financial year has continued the positive momentum from last year”.

Exclusive: Lucian Miers goes short Monitise at 21p

Published 836 days ago

I can reveal that infamous bear raider Lucian Miers has gone short of Monitise (MONI) even though its shares are now languishing at multi year lows of 21p.

Lucian Miers: 3 oil shorts

Published 837 days ago

Infamous bear raider Lucian Miers is of the view that the oil price is not going to spike higher in a hurry and that this is going to cause real pain across the sector. He has made money shorting Afren (AFR) where the debt looks company consuming at current oil prices but perhaps the bid will save it so Miers has closed that position. However...

Lucian Miers goes short China Chaintek at 60p – target price 0p

Published 838 days ago

The suspension of trading in shares in China fraud Naibu (NBU) will make bear raider Lucian Miers a stack of cash as he was a long time short. So who is next?

A happy birthday present from me to you on January 12th

Published 839 days ago

Cripes, I sometimes think that I am a sad git. Here I am preparing for my birthday on Monday and what am I doing? I’m talking to Steve Moore about the next share tip we are publishing on the Nifty Fifty website. Sad or what?

Action Hotels - more good news (not in the price)

Published 841 days ago

Action Hotels (AHCG) has announced the completion of two new hotels in the Middle East and updated that it “is in discussions in relation to a number of opportunities across the Middle East”.

Buy Entu at 107p

Published 841 days ago

Investment Case: Provider of energy efficiency products and services to homeowners in the UK, entu (UK) plc (ENTU) listed on AIM at 100p per share on 30th October. However, unlike most IPO’s, the prospective ratings – a price/earnings multiple of 8.4x and forward dividend yield of 8% – suggested this one potentially attractive. This has been reinforced by a trading update earlier this month noting that the company “has seen robust trading in the year across all its divisions” and that it is seeing a positive combination of increasing brand awareness and increasing public awareness of the economic and environmental benefits of energy efficient home improvements. Still though, at a current 107p offer price – only a little above the IPO price – the shares are a buy.

InterQuest - positive ( as expected) trading update: buy

Published 842 days ago

Specialist IT recruitment group, InterQuest (ITQ) has updated that it expects a “slightly ahead of consensus” outturn for 2014 and that it considers it has “a strong and sustainable platform for continued growth in 2015”.

Happy New Year At Naibu

Published 843 days ago

What a surprise: on the first trading day of 2015 Naibu (NBU) announced that it has lost its Finance Director.  After two years as a public company it rather looks like Naibu is shutting up shop and disappearing into the night.

A New Year Message to the FCA and AIM Regulation from the Deputy Sheriff’s Office

Published 850 days ago

It is traditional at this time of the year to reflect upon the previous twelve months: the successes, the failures, the surprises, the changes and to consider how one might do it all a bit better over the next year.

We do not tip shares very often but on Monday... That is today at 3.30 PM

Published 853 days ago

Steve Moore and I have been cautious on shares and especially AIM shares for a year. We have not touched some sectors like oil at all. And we have been vindicated. We are value investors and thus caution is the name of the game. The skills we use in detecting frauds like Quindell are the same skills we use in unearthing value buys. But it is Christmas and we have a new share tip underway. Like the Tailor of Gloucester we are still hard at work on it as the big day approaches.

Lucian Miers share tips of the year Number 1 – Short Purecircle

Published 856 days ago

I last wrote about Purecircle (PURE) in March and predicted that 2014 would be the year for the big collapse.  I was wrong: the permascam that is Purecircle has remained rock solid while all around it our favourite bear trades have borne fruit.  Indeed, for the price of Purecircle  (£940 million) you could now buy Quindell. Gulf Keystone Petroleum, and Globo combined and still have change left for Iofina.

IGas and the Dart Takeover – were Dart Shareholders Duped? How can Andrew Austin survive this?

Published 863 days ago

I have been looking in detail at the takeover by IGas (IGAS) of Aussie-based Dart Energy over the summer of this year - an all-paper deal which, at time of announcement, offered a substantial premium to the prevailing share price of Dart. Since the deal was first agreed by the two Boards, Igas’ share price has fallen substantially to leave former Dart shareholders nursing hefty losses. But there are skeletons in the closet:

Fitbug – following the ramparoonie, the inevitable discounted placing arrives

Published 873 days ago

Following a late October piece – ‘Fitbug Holdings ramparoonie – beware, balance sheet terrible, placing ahoy?’ – the company (FITB) has duly announced it has undertaken a discounted placing, this raising a gross £3.5 million at 9p per share. The following updates.

Tom Winnifrith, talking Death Threats, Red Flags, Forensic Accounting, Quindell & More at UK Investor on April 18

Published 880 days ago

Quindell is unravelling at a rate of knots. Once the biggest stock on AIM probably will not exist by the time of UK Investor on April 18 2015. And the man who exposed the lies and fraud was Tom Winnifrith. For his efforts he received bullying lawyers letters from Quindell and death threats from its shareholders. And that has spurred a special new session at UK Investor 2015.

The ShareProphets Christmas Charity Single…Feed the Morons

Published 881 days ago

Tomorrow I will be calling rock stars from across the bear community as we need to think of those less fortunate than ourselves. It is time to record our charity single… Feed the Morons. The message has gone out to Gotham City, Evil Knievil, Paul Scott, Lucian Miers, Paddington Bear, Matt Earl, John Hempton of Bronte, Sam Antar, Muddy Waters, Citron Research, Nigel Somerville, A Huntsman, Dan McCrum, Paul Murphy, Pizza hardman Darren Atwater, Cockney Rebel and Kevin Ashton. We gather tomorrow in Clerkenwell to raise money for those facing a bleak Christmas, Quindell staff and shareholders as we record Feed the MoronsDo they know it’s Christmas?.

Am I the only remaining bear in Avanti?

Published 883 days ago

One of the big market mysteries of the last couple of months has now been solved. Why has the price of Avanti Communications (AVN) being going steadily upwards despite results that appear to confirm the worst fears of the bears? Why has the astute hedge fund Ennismore been reducing its short position?  Why has Avanti uber bear Mathew Earl – The Dark Destroyer -  gone strangely silent as the share price has ticked relentlessly North?

Two NEW share tips TODAY from the man who exposed Quindell

Published 883 days ago

Not flinching once despite threatening lawyer’s letters, wholesale harassment abuse and even death threats Tom Winnifrith has over the past six months clearly exposed the fraud and lies at the heart of the Quindell (QPP) soufflé. He did this using forensic analysis and is using the same skills to today serve up two new share tips on two sites.

Christmas Party Invitation from Tom Winnifrith to Rob Terry of Quindell

Published 895 days ago

Tonight is the Real Man Christmas party and please do not let it be said that I am a bad winner or do not have sympathy for my fellow man even if that man is a liar, fraudster and insider dealer like Rob Terry of Quindell (QPP). And so I have just dropped Mr 2+2 can = 5 an email.

IGAS, Cloudbuy, Quindell, Angle, IQE & Equity First - a Letter to the FCA

Published 900 days ago

Infamous bear raider Lucian Miers has today written to the FCA regarding the Equity First Holding LLC scandal that iis tearing the heart out of the AIM Casino. Explianing clearly why market abuse has taken place he demands that heads roll. The letter follows:

Open Letter to Cenkos NOMAD to Quindell PLC from Lucian Miers

Published 902 days ago

Infamous bear raider Lucian Miers has today written to Cenkos, the Nomad to disgraced Quindell (QPP) in the wake of today’s disastrous news. He has copied in AIM Regulation and the FCA as he demands further action by Cenkos. The letter reads: 

Risk on Again. But too late to save Quindell or Naibu

Published 911 days ago

A few weeks ago I was reflecting on the irony that September 19th , the day of the Alibaba float on the NYSE, was likely to prove the high water mark for the Dow Jones for 2014 and possibly a good few years thereafter. (For those unfamiliar with the Alibaba fable, he was a thief)

Concha: Its Gone CRAZY 5p valued at a quid!!!!

Published 918 days ago

Would you pay Warren Buffett one pound to manage 5 pence of your money? No? I didn’t think so. Would you pay anyone a quid to manage 5p of your cash (that’s right you break even after he or she has twenty bagged the investment) No? I think we can agree that you would be crazy to do so. No argument there.

Its Time to book in for UK Investor Show on 18th April 2015 – 25% discount offer

Published 920 days ago

As the leaves start to turn brown you may not be thinking about next April but we are as we plan the biggest and best UK Investor Show ever. The speaker line-up gets more impressive by the day and already 90 of the 110 Growth companies attending have booked in – and I am delighted that there are a raft of new PLCs attending, and almost as delighted that some of those who attend every show are NOT attending!

The market is plunging and we are about to do what?

Published 927 days ago

Steve Moore and I are pretty proud of NOT having published a new tip for several months on our pemium Nifty Fifty website  There are commercial pressures to write tips – folks do not renew if you see no tips! – but we could not have acted differently and felt good about ourselves. Instead we have advised the selling of a number of older tips some at a profit others not so and we hope our readers are now fairly heavily cash weighted as a result.

Reader Poll Results – which of the Bear Portfolio stocks will crash most by Christmas

Published 930 days ago

At the weekend we updated the ShareProphets Bear Portfolio compiled by myself, Matt Earl, Lucian Miers and Evil Knievil. So far our average sell is down by 18.2% in just over three months. Better days lie ahead. But which of the ten stocks we expect to slump do readers think will crash most by Christmas. You said:

Reader Poll – which of the 10 stocks in the Bear Portfolio will crash most by Christmas

Published 931 days ago

So far the bear portfolio of Matt Earl (the Dark Destroyer), Evil Knievil (the fat man), Lucian Miers (the Bard of the Boleyn) and Tom Winnifrith (the Sheriff of AIM) is down by an average of 18.2%. Today one stock leaves the portfolio (New World) having duly collapsed and in its stead goes African Mining (AMI) which will collapse. But which of our 10 shorts do you think will slump most by Christmas. The deadline for voting is midnight tonight as things are moving rapidly with at least one constituent.

The Matt Earl, Evil Knievil, Lucian Miers, Tom Winnifrith Summer Bear Portfolio revisited and updated view

Published 931 days ago

Back in the summer, July 9, the 4 Bears sat down and compiled our top ten shorts for the summer. There has been one disaster – Concha (CHA) – but despite that an average loss (gain for us) of 18.2% per short is not bad. So where do we stand now?

London Mining was a Slam Dunk Short – now its suspended, learn your lessons!

Published 931 days ago

A few years ago as the names on the High St fell like dominoes there was good money to be made even after the likes of JJb Sports, Blacks Leisure, Clinton Cards,  Game Group etc. informed the market that their shares were worthless.

Quindell Twitter Moron of the Week – Ron Clifton

Published 934 days ago

As the Quenron (QPP) share price slips away losing more and more of the hard earned savings of the morons who have invested in this company which has demonstrably lied to its shareholders in a serial fashion, the morons response is sheer comedy genius. Today’s twitter moron of the week is Ron Clifton @CliftonPlace who is possibly the thickest of all the Quindell morons on twitter.

No sane person should touch any AIM listed China stock with a bargepole

Published 956 days ago

The recent passing of its interim dividend by Naibu (NBU), which would have involved an outlay of £600,000 against claimed profits of £20 million and claimed net cash of £30 million has prompted accusations of fraud and skull doggery at the Chinese sports shoemaker and put the spotlight on other China frauds that might be lurking on AIM.

Naibu Q&A throws up more Qs than As.

Published 962 days ago

At the shambolic Naibu (NBU) AGM on June 30th this year, a number of questions were asked of the non-execs and advisors which they were unable to answer but which they kindly agreed to pass on to the three executive directors who for some reason had not showed up. (Visa problems were cited. Yes really! All three of them) 

Sell Telecity at 740p as it goes Ex Growth and ex Management.

Published 967 days ago

Telicity (TCY) was a relatively early entry into the electronic data storage market. Since its 2007 IPO (at 220p per share), it has not disappointed shareholders with the shares almost five bagging to over £10 in June last year. But nothing lasts forever…

Autumn Free Seminars with Pizza Season – Register now as 15 speakers now confirmed

Published 975 days ago

The ShareProphets free evening seminars with pizza season kicks off on September 29th and will run every other Monday until December 8th. We now have more than a dozen PLC speakers confirmed for the Autumn season and we will take first bookings for the September event next week for those who have registered HERE. Among the blogger talks already agreed are Tom Winnifrith on “Why Quindell is worth 1p or less” – to make sure you get to pre-book for that register HERE.

Quindell Will Again Test Recent Lows

Published 977 days ago

Quindell’s (QPP) Interims duly arrived last Thursday and as is so often the case with this company when it attempts to reassure the market, yet more concerns were raised.  The share price has now lost all the gains in the run up to the announcement and it would not surprise me if they test the recent 140p low in pretty short order. And the ultimate target is a tiny fraction of that.

Ocado – sell into the rally

Published 981 days ago

Shares in Ocado (OCDO) have become somewhat volatile of late. Last year this was hardly the case: the shares simply rose every day to everyone’s general bemusement and in many cases, my own included, considerable financial cost. 

Short Concha

Published 989 days ago

As it is increasingly difficult to short stock in the real pond life on AIM, I tend to steer clear of looking at these companies unless some stock becomes available. I was told about Concha (CHA) a few months ago and when a bit of borrow came up the other day I had a quick look at it to see if it was really was that bad.

Weekly Financial Video Postcard #45 – reasons to be very cautious

Published 992 days ago

Sitting on his newly constructed eco-loo in The Greek Hovel, Tom Winnifrith reflects on how much he is enjoying living on Greece but – sadly for Quindell (QPP) shareholders he is going to have to come back to the UK at some stage.

Has the Bubble Burst and If So how to prosper?

Published 995 days ago

A look at the chart of the Dow Jones shows that it has more or less gone up in a straight line for five and a half years. The current fall back to start of the year levels looks like no more that one of the various sub 5% blips we have had on this tremendous Bull Run.

The Top 10 Shorts for the summer reviewed – Naibu leads the way

Published 996 days ago

A month ago myself, Evil Knievil, Lucian Miers and Matt Earl (the Dark Destroyer) agreed on a sort of joint top ten UK stocks to short for the summer. Since then the FTSE 100 has fallen by 8%.  As you can see below our average fall is 10.51% so we are doing okay so far. Only two of the ten are up. 

Sell Genel until the ISIS threat is dealt with

Published 998 days ago

As a shareholder in Genel (GENL), the oil exploration company run by ex BP boss Tony Haywood with its main asset in the Kurdish region of Iraq I had a rather sleepless night on Sunday.

Reader Poll: How do you view short sellers & Bear raiders

Published 1009 days ago

I have expressed my views clearly. Folks like Evil Knievil, Lucian Miers, Matt Earl, short sellers or bear raiders – do a very useful job for society in weeding out companies which might otherwise cause capital to be misallocated. I am a fan as you can see HERE.  But do you agree?

Purecircle: The Last Shoe Yet To Drop?

Published 1010 days ago

In the last two years my seven most covered bear selections have been: Gulf Keystone (GKP), Iofina (IOF), Cupid (CUP), Quindell (QPP), Globo (GBO) Avanti(AVN) and Purecircle (PURE). With the exception of Purecircle, the other six are all firm retail favourites and I often wonder what it is that draws the private punter like a flame-bound moth to such eminently shortable stocks. One can highlight various useful themes but all seem to throw up exceptions – modestly I point oiut these have all bar one (so far) been great short calls by my good self.

If you are serious about making money from shares, there are three reasons to read on NOW

Published 1011 days ago

Are you serious about making money from shares? Yes? There are three reasons to read on as a matter of some urgency.

The ShareProphets top 10 Stocks to Short – Reader Poll on next to Slump Results

Published 1012 days ago

Two weeks ago Evil Knievil, Matt Earl, Lucian Miers and I served up our top ten stocks to short this summer and why – HERE. Avanti Communications (AVN) has already done the decent thing and issued a profits warning. We asked our readers at the weekend to vote on which of the ten would be next And the results are:

25 UK Investor Show Tickets – 40% Discount Offer

Published 1013 days ago

We have 25 tickets for the UK’s top one day investor show on offer at a 40% discount  for ShareProphets readers – that is either gold (normally £60) or investor class (normally £12) tickets. The show is of course UK Investor Show 2015 on April 18 in Westminster. And you need to book TODAY.

It is sometimes prudent to place shares – do not always bash the boss: ref Leni Gas & Oil

Published 1013 days ago

I do not follow Leni Gas & Oil (LGO) but I note that it got the Bulletin Boards buzzing last week. It announced a big acquisition and the next day a placing. This outraged some commentators. I think wrongly.

Reader Poll – Which will be the next High Profile share price collapse from the Top 10 Shorts

Published 1016 days ago

Ten days ago, Lucian Miers, Matt Earl (The Dark Destroyer), Evil Knievil and I served up our top ten shorts in London. One of them, Avanti Communications (AVN), has already done the decent thing and

Quindell still a sell at 197p - shares will fall much, much further

Published 1018 days ago

Quindell’s (QPP)  trading update on Monday gave bears a welcome opportunity to add to positions higher up as the shares soared 30% on a knee jerk reaction to the bullish statement which was accompanied by a buy note (target price £13) by some oaf round at Cenkos the company’s brokers. 

Evil Knievil, Lucian Miers, Matt Earl and Tom Winnifrith – the top 10 stocks in London to short for summer

Published 1025 days ago

Anyone who was at UK Investor 2014 knows that the Bears session (HERE) saw some great calls. And so ahead of a long sweaty summer I asked Evil Knievil, Matt Earl (The Dark Destroyer) and Lucian Miers for their top 5 shorts of the summer and for good measure I add in my own. Between us we have thus compiled the top ten stocks to short in London!

Exclusive: Naibu – Evil Knievil admits he was wrong & The Sheriff Right and sells all his shares

Published 1026 days ago

Until now bear raider Evil Knievil has been the highest profile supporter of Chinese gym shoe producer Naibu (NBU) arguing that on a PE of c1 and yielding 12% the shares were cheap. However I can reveal that he has seen the light and sold out completely.

Reality setting in on Naibu, blinkx and New World Resources and will do with Mothercare

Published 1030 days ago

I am glad to say that the steely glare of reality has alighted on a few stocks this week that should be familiar to readers of this site.

AIM Cesspit Awards 2014 Results & Dinner

Published 1034 days ago

The Sheriff of AIM is feeling rather fragile today in the wake of the AIM Cesspit awards dinner. Do not expect a great deal of output from me today. I had a good time and think that others did too. The wine and beer flowed freely, Evil and Lucian Miers gave good talks and David Lenigas pitched in with his thoughts on Nomads. A brave Quindell (QPP) shareholder turned up and was teased a bit but took it well. But you want to know who won.

Vin Murria leads the tech stars on video – watch her sparkle!

Published 1035 days ago

Vin Murria of Advanced Computer Software (ASW) is rightly regarded as the Queen of UK Tech and headed up the all star panel in our tech session at UK Investor 2014. Listen to her sage words before you consider investing in the next loss making, high flying, tech IPO. She is on blistering form in this video.

Financial Video Postcard #39 – The Reasons to avoid acquisition driven companies

Published 1035 days ago

Tom Winnifrith had a great meeting with the AIM listed CEO he admires the most last week and discussed a range of issues relation to acquisitions. Yes, a bit of this relates to Quindell (QPP) but it is a more general discussion. 

Mining Guru & City Goddess Amanda Van Dyke in Video Action – Less than 72 hours to get cheap tickets to see her in 2015

Published 1037 days ago

Mining guru Amanda Van Dyke is one of the 35 BIG name speakers already signed up for the 2015 UK Investor Show on April 18 in Westminster – if you have forgotten her 2014 tour de force appearance it can be found below. Among the other 50 investment superstars speaking are Ed Croft of Stockopedia, Nigel Wray, Vin Murria, Mark Slater, Ben Edelman, Tom Winnifrith, Brokerman Dan, Matt Earl, Lucian Miers, Evil Knievil and Dominic Frisby. Buy your ticket before midnight on Monday and you can do so at a 50% discount.

Join CEOs and Journalists at the AIM Cesspit Awards Dinner on Monday Night

Published 1037 days ago

The guest list is "er interesting" - more than half a dozen of the more interesting AIM CEOs, two or three Nomads, at least one individual publicly censored by the FSA/FCA,  a bunch of journalists, a sprinkling of PR birds and lots of food and booze. Yes it is the second annual AIM Cesspit awards dinner with talks by Evil Knievil and Lucian Miers. Fancy joining us?

Ed Croft of Stockopedia to headline at UK Investor 2015 - watch his 2014 video

Published 1038 days ago

Ed Croft of Stockopedia is the latest big name to sign up to speak at the UK's leading one day investor show, UK Investor. Ed will be doing a main stage presentation with a top chartist on fundamentals versus technicals, looking at the wider debate plus analysing key stock picks of Nigel Wray and Mark Slater plus some audience suggestions. Ed will also be doing a solo lunchtime session in a 250 seater breakout room. Remember the 50% off early bird ticket offer ends at Midnight on Monday 30th June. Do you remember Ed's star turn from 2014?

Buy your tickets for the AIM Cesspit dinner on June 30th NOW

Published 1041 days ago

I am afraid that the two free tickets for the AIM Cesspit dinner offered thirty minutes ago have both been snapped up. But you can still buy tickets for the dinner on June 30th in Clerkenwell for just £40. The evening includes a three course meal, half a litre of wine per person and talks by Evil Knievil, Lucian Miers and a few words from me. We will also be handing out the nine AIM Cesspit Trophies.

Weekly Financial Video Postcard #38 - Quindell and a free press edition

Published 1044 days ago

In this week’s financial video postcard Tom Winnifrith deals with how Quindell (QPP) handles the press and analysts. It is quite amazing.

Quindell AGM Video 4 - Final Thoughts from the Street

Published 1045 days ago

And then myself and the chaps from the FT and the Sunday Times were also booted out of the building. Not even allowed to wait to interview folks coming out of the AGM or management as they left. Why is Quindell (QPP) running so scared?

Win one of 4 FREE tickets to the AIM Cesspit awards

Published 1048 days ago

On 30th June from 6 PM, Real Man in Clerkenwell will be hosting the second annual AIM Cesspit awards. Voting has been frenzied but it is not too late for you to cast your vote HERE.  The trophies will be handed out to the scumbags of the Cesspit (or to anyone attending who is vaguely connected with them).  And there will be talks by Evil Knievil and Lucian Miers.

TWO TIPS at 3PM TODAY: THREE Compelling Reasons why investors who want to make money will join the Nifty Fifty NOW

Published 1055 days ago

If someone promises you a share tipping service based on “exciting” stocks that can gain hundreds or thousands of percent, penny share whizzers or “hidden secrets” they are yanking your chain. There is no such thing as free money where the stockmarket is concerned. Sorry if this sounds boring but successful investors know that you get rich by showing patience, by analysing accounts and by listening to proven experts with all the right contacts. And this is how you start TODAY.

Quindell – I have bought shares (norra lot) and am going to the AGM to ask questions

Published 1055 days ago

I am getting tired of Quindell’s (QPP) lamentable failure to answer basic questions, notably in regard to Quindell Property Services (see HERE and HERE) and hence I have done something I thought I would never do – I have bought shares in the company. Norra lot.

Quindell: The Calm Before the Storm

Published 1057 days ago

It has been around six weeks now since Gotham City, a little known New York- based research firm dropped a bombshell on retail favourite Quindell Portfolio (QPP) with a damning report which cut the shares in half.

The Danger of Getting Too Close to Companies - ref Vatukoula and others

Published 1057 days ago

Lucian Miers says that he does not like to meet companies. He is all too aware that part of the job of a CEO is to butter up potential investors, or to persuade bears not to go short. CEO’s are paid large sums to be charming and persuasive and Lucian is concerned that they will manage to schmooze him into making a bad call. I take a different view.

Max Property - Good News from St Katherine's Dock

Published 1057 days ago

With a 140,000 sq ft refurbishment at St Katharine Docks in London nearing completion, Max Property (MAX) has announced a pre-let of 75,780 sq ft of office accommodation on a 15 year lease to Clarksons Plc, the world's leading provider of integrated shipping services. More good news for this share tip from me.

Lucian Miers & Tom Winnifrith Video: Globo, blinkx, Avanti Communications, Iofina and Quindell

Published 1062 days ago

Two weeks ago Tom Winnifrith and Lucian Miers recorded a series of four videos which first appeared on their Nifty Fifty website. This video covers Globo (GBO), blinkx (BLNX), Avanto Communications (AVN), Iofina (IOF) and Quindell (QPP).

Vote NOW in the 2014 AIM Cesspit Awards

Published 1065 days ago

Now is your chance to heap opprobrium of those AIM CEOs and Companies that have made your poorer over the past year. On Monday 30 June we will be handing out nine trophies in the 2014 AIM Cesspit awards. All those who have made the Aim Casino the crony capitalist den of iniquity that it is will be honoured. 

Book Your Place at the AIM Cesspit Awards Dinner on June 30th

Published 1065 days ago

On Monday 30 June we will be handing out nine trophies in the 2014 AIM Cesspit awards. All those who have made the Aim Casino the crony capitalist den of iniquity that it is will be honoured.

Nominate now for the AIM Cesspit 2014 awards!

Published 1067 days ago

It is time to highlight and celebrate the very worst of AIM with second annual AIM Cesspit awards sponsored by Shareprophets.com. At an awards ceremony and dinner in Clerkenwell on June 30th (Monday), real trophies will be presented to those who have helped make AIM the Cesspit it is and we will be entertained by guest speakers Lucian Miers and Evil Knievil with The Sheriff of AIm compering the event. There are seven awards.

My Nominations for the AIM Cesspit 2014 awards - Tom Winnifrith

Published 1071 days ago

So many to choose from and so little time to think – who am I nominating for these prestigious awards? Ultimately it is down to you, the investing public to vote on who wins, but for what it is worth my nominations have been:

Adam Reynolds, the Company Rescuer, Speaker No. 28 at UK Investor Show 2015

Published 1071 days ago

Following the mammoth success of UK Investor Show 2014 we are moving into overdrive for the 2015 show on April 18 and one new feature will be a series of 14 one hour masterclasses with an audience limited to 80 – we are taking on an additional floor in Westminster.

The ShareProphets Tip of the Week: Buy Plastics Capital at a 135p offer – target 180p

Published 1072 days ago

We continue our new weekly feature of the Shareprophets share tip of the week with AIM listed Plastics Capital (PLA) which is a buy at a 135p offer price with a 12 month target price of 180p.

Lucian Miers & Tom Winnifrith on The markets

Published 1073 days ago

On Wednesday infamous bear raider Lucian Miers and Tom Winnifrith recorded a series of four videos. The first covers the markets. The second and third cover “old favourites” for the bears: Globo, blinkx, Avanti Communications, Gulf Keystone, Naibu and Iofina. The fourth covers some new Lucian shorts.

Gulf Keystone – The Yield to Maturity on the Bonds is an increasingly terrifying sell signal on the shares

Published 1073 days ago

I have noted before how the yield to maturity on Gulf Keystone (GKP) Bonds was a terrifying sell signal on the equity. For folks who have ignored me I have bad news: it is getting worse.

Evil Knievil & Lucian Miers – Cupid Update

Published 1429 days ago

This has been well spun by Cupid (CUP) but yesterday’s trading statement was a disastrous profits warning.

AVN, RPO, SXX, QPP, XEL, GKP, CUP, ASC – The Great Conspiracy Revealed

Published 1450 days ago

They do not like it up ‘em. Shares in some of the darlings of the AIM market have taken a bit of a hit of late and some folks, the believers, believe that this is the result of a great conspiracy involving myself, Evil Knievil, Lucian Miers, Zak Mir, Red Evans and others. How about a quick look at the facts.

Quindell Statement – reaction from Evil Knievil and myself

Published 1451 days ago

With its shares having tanked from 14p a few weeks ago to just over 7.41p with most of the falls following annual results on Tuesday, Quindell Portfolio (QPP) – hitherto a darling of the AIM Cesspit – has put out a statement late last night.

Evil Knievil: Quindell Portfolio is just not investment grade material


Published 1452 days ago

Bear raider Evil Knievil and I chatted tonight and he is in celebratory mood following the post results meltdown in the share price of AIM Cesspit listed Quindell Portfolio (QPP).

Exclusive Evil Knievil’s Biggest Short is…

Published 1458 days ago

Infamous Bear raider Evil Knievil may be licking his wounds having lost more than a quarter of a million pounds on shorting ASOS (ASC) as we revealed here but the old boy is not deterred and has opened a major new short, we can exclusively reveal.

Quindell (13.75p) worth 40p on move to full list – Cenkos

Published 1459 days ago

Last week Quindell Portfolio (QPP) announced the acquisition of a 20 year old claims management company to help them meet accelerating demand as well as a significant contract with one of the UK’s largest direct insurers.

Quindell Portfolio “contract win” or not?

Published 1476 days ago

I know nothing about Quindell portfolio (QPP) other than Lucian Miers regards it as an accident waiting to happen (as he explained here.) and that I share his unease at its aggressive manner of stock promotion. Today’s RNS only increases that unease. 

Quindell Portfolio is an accident waiting to happen

Published 1479 days ago

Shares in Quindell Portfolio (QPP) have gone up around five times in less than two years since the company was admitted to AIM. The fast growing company has also more than doubled the number of shares in issue to 3.6 billion to give it a market cap (at 14.2p) of £516 million. It is an accident waiting to happen.

ShareProphets

About ShareProphetsTerms of ServiceForgot My Password
Contact UsPrivacy PolicyForgot My Username
Advertise With UsCookie PolicyResend Account Validation Token
Send Us A Tip

Data by ADVFN / Site by Everywhen /