UK 18:53 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I start with Aiden Earley and Worthington - Gotcha! It was NOT an April Fool, he really is speaking on "faith & money" at UK Investor Show on April 18. Then on to Quindell, Daniel Stewart, the criminal Rob Terry, Coms, Hunter Resources (sorry bad language in that section but the tools deserve it), Real Good Food, China Chaintek and the other Fujian frauds, Afren, The Innovation Group and then West African Minerals, Mwana, my good friend Jim Mellon and the issue of shareholder democracy.
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Comments
Scott Marshall
C’mon the Aidan Early thing has got to be a joke!
What next, Piers Morgan giving a talk on the importance of mobile phone privacy?
Can’t make it to the show but would pay to see this?
Pay per view?!
Sweet Karolina
Quindell back from suspension and down!
They got the figures wrong on the amount of bogus profit PSD made in 2013 and H1 2014 because they forgot to include some bogus profit from some of the companies that are included in the PSD bundle.
Did they actually know what they had sold, more importantly do SGH know what they have bought!
Those bogus profit figures will all get restated anyway. Was the suspension necessary? There are so many more important reasons why the shares should have suspended but did not over the past 12 months. Was this one an attempt at dramatic effect.
Could someone explain what “The Company intends to make a capital distribution to Shareholders as detailed in the Circular and not a distribution by way of special dividend so as to try and ensure that the return of capital is tax efficient for any private Shareholders” could mean?
DUCK AND DIVE
Good work: action-packed, rapid-fire yet clear and insightful. Fastjet certainly warranted a mention: I doubt that many AIM stocks have managed to raise more than 2.5 times their market cap in a single placing at just 15% discount. And on their behalf, I will highlight that, according to Reuters and the Daily Mail, the £50m came mostly from credible cornerstone investors like Prudential M&G, Hexham Capital, J O Hambro and South African investment fund, Old Mutual – plus £5m from Stelios. And a few grand from me.
VINES
‘thankyou fastjet directors for only rogering us at par’…….. of all the turds to try and shine
RG
Think you are just setting up Earley here - when he falls what he say at the show will make his fall from an even bigger cliff - am I wrong?
wildrides
What no Oakley ………… was he tied up in a board meeting at Three leg Resources ?
oh yes …….. you can rely on me to focus down on the most important events of the day in what must be the most “ you could not make it up” week on the UK casino since the Sefton dog ate the calculations . This week will go down in history .
DUCK AND DIVE
Vines, retail investors had an opportunity yesterday to buy FJET shares at below the placing price so the discount was immaterial. We have all been heavily diluted of course but the NAV has been expanded in inverse proportion so no shafting there. The SP the morning after is almost back to its pre-placing level so no shafting there either.
But long term shareholders have had a rough ride. Building a new airline in Africa was never going to be an easy or cheap proposition however so they presumably went into it with their eyes open. This placing still gives them an outside chance of a return within the next three years though.