Next week is half term here in the rain sodden post industrial second world nation of sanctuary that is Wales and I have promised the Mrs. and kids a few days away with me doing limited keyboard time. After what she endured from Paul Mathieson it is the least that I can offer. So help me out and be like reader A and win an almost free week at the Greek Hovel.
‘Engineered fastenings’ company Trifast (TRI) has issued a “Trading Update” and that it “remains confident in delivering further margin improvement in H2 FY27, targeting double-digit EBIT margins in the period, ahead of our stated timeframe”. So what of a current slightly lower share price response to 85p?
I start with an urgent appeal, please help out. Then I look at Probiotix (PBX) and at Invinity (IES) where I think Evil Banksta is being too charitable after the botched fund raise by Andrew Monk and others.
Last month on an AGM Update from “the largest UK based online retailer of musical instruments and music equipment” Gear4music (G4M), with the shares down to 262.5p I concluded that I was cautious of the likely impact on the valuation of subsequent half-year updates. The shares most recently closed at 232.5p and what about now a “Half Year Trading Update”?
Already I have had a couple of emails and the answer is “I do not know why shares in Eco Buildings (ECOB) are up by 15% at 12p”. Is Peter Brailey getting ready to recant his scepticism and ride naked on a donkey at Sharestock 2027? Perhaps. I have asked the company for comment but none has been forthcoming as yet. What I have said is…
Long standing readers will remember that scallywag Trevor Brown run Truetide (TRUE) was formerly known as Braveheart Investment Management. Its shite investments, notably in the covid space, were ramped shamelessly and that saw the shares peaking at 139p five years ago. Brown sold shares aggressively into that excitement and all the way down and has therefore made out like a bandit. The shares are now 2.2p so those who bought into his ramping and that of disgraced Zak Mir and his charting prowess will be less happy.
It seems that the truth about the bailout of Invinity (IES) is that it is not the triumph that conceited Andrew Monk of VSA and the other 2 brokers present – the price had to be slashed to get it away. Not that the brokers care or will admit to that is what is, therefore, a misleading RNS.
Cornish Metals (TIN) shares were suspended at 102p under AIM Capital Access Window Rules at 102p. Today there is news of a placing at just 60p to raise £135 million with a WRAP Retail offer on top. I have no doubt the placing will get away. But I am suspicious.
Most recently on group describing itself as “the UK’s largest provider of sustainable water and climate products and solutions for the built environment” Genuit (GEN), in May with the shares slipping below 260p I questioned on a trading update would it now even deliver the full-year towards the lower end of current analyst estimates. The shares most recently closed at 289.6p, but what about now another trading update?…
Yesterday I explained why worthless Frankenstein Meat shitco BSF Enterprise (BSFA) needs to keep pumping its shares with spurious announcements. It needs to create liquidity for dodgy offshore death spiral provider Indigo Capital LLP to forward sell shares into. Today a case study, news of a US patent which BSF claims “underpins its business strategy”. Bollocks. I have asked a patent expert who writes:
Following the slump in its share price by around 45% following publication of its latest draft Prospectus, which gave an indication of just how dilutive the B Series Preferred Shares issued in July might be, yesterday there was more bad news for Zamboni’s US bezzle Nuburu (US:BURU).
Power and data transmission products manufacturer Volex (VLX) has issued a trading update headlined “Record first half revenue with growth in every end-market and further margin progress; FY2027 profit expected to be towards the upper end of current market expectations”. So what about a current share price response approaching 9% lower to below 600p?
In today's podcast I look at BSF Enterprise (BSFA), Amaroq (AMRQ) and the dividend question, Valereum (VLRM), Invinity (IES) and Technology Minerals (MNTL).
Sulfur battery technology company Gelion (GELN) has issued a “Strong Independent U.S. Validation of Gelion's NES”-titled announcement but, with the company’s market cap only having been around £30 million, how “strong” really is the ‘US validation’?
On the Investegate platform where many of us read our diet of RNS statements these days, one is now provided by an AI summary of what is in the actual RNS. It strikes me that AI is not as clever as the bear raider Evil Knievil and given how conceited EK, aka Simon Cawkwell, is, I’m sure he’d agree.








