UK 15:11 Saturday, 17 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.
This podcast ends with an apology to Doc Holiday. I am happy to set the record straight on which shit Patrick Cheetham stock he tipped and which was a Malcolm Stacey blunder. We start with another request for ideas on what I should get the Mrs for Christmas and thanks Mike from Scotland but it is not going to be a boob job. Then it is onto the disgrace that is African Potash (AFPO), Bonmarche (BON), retail generally, nasty remarks about Americans, Work Group (WORK) and today's Jabba The Hutt comment concerns LGO Energy (LGO)
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments
Simple Moving Avarice
So AFPO borrowed £750k from the FD’s wife at a huge cost to tide them over for three months of working capital, and now they are chucking £70k into someone else’s placing completely unnecessarily. When did they become flush enough to justify that? It’s an outrageous use of their limited cash.
wildrides
Morning Whining Froth ……….. I see you are on good form . Just to re assure you………. traders like me dont usually put more than 5% of our portfolio in any one stock. In the case of LGO around 2-3% for me . If I get wiped its not a big deal and comes with the territory , rather like when your Bears Club members get a bid coming in . I dont think LGO will go to admin . I disagree on the assets ……… they are good but Ritson needed time to understand them and the particular geology ……….. the oil price collapse unfortunately intervened before he had that process fully wrapped up . I still think they will recover for the long term and am awaiting a new entry point currently .
I like TYM and SRES at current prices . Patrick runs a tight ship , they share office costs , shares in issue are tiny in TYM . He is sensibly awaiting an up turn in resources sector and quietly peddling underwater in the mean while . He has plenty of skin in the game and I recon TYM is his future pension . SRES is full on explorer anyway ……. with loads of projects . They are finding stuff . Like all pure explorers its a pure punt on the skill and tenacity of their geologists …….will they find the big one ?
My suggestion for a suitable gift for “err in doors” would be vouchers for the opera or a girly west end show . You can then send her off with a girl mate and go down the pub and get bladdered or just stay in and look at your collection of Star Wars posters.
TheMadStork
So CC can get another job and free options using AFPO shareholders’ cash. It defies belief.
warun boofit
Tom , seeing as you are deficient in christmas present ideas for the mrs I would just buy her a subscription to The Guardian and a box of milk tray, you cant go wrong.