UK 09:37 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: The author has a short position in one or more of the shares mentioned. 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.
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.
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Comments
Brian
In terms of a Chinese stock that’s not a fraud, I’d venture Jiasen.
I’m not fully convinced yet, but my initial research leads me to think there’s a reasonable chance of it being legit.Having met the management at NBU, CAMK, and JSI, there’s very significant difference in the credibility between them. I may say more on Jiasen later when I’ve done more research.
J P Spaghetti
“I have asked readers before to name a single Chinese Company listed on AIM that is NOT fraudulent.”
Haike Chemical?
J P Spaghetti
Smallish free float, though (Haike)
Bernie F
How about UVEL? Pretty sure that one is not fradulent. Chairman Stephen Koo owns nearly 75% of free float. I have been in for several years from about 0.33p (Now 1.2). Stephen has personally set up meetings for investor get togethers in London and seems genuinely considerate of the small PIs. Big things happening this week with a hive off of Leader Smart which holds the right to 51% of a shopping mall in Zhongshan. In itself that holding should be valued at at least 3p a share on its own. Anyway – I would be really interested in some feedback on UVEL from the great TW! :-)