UK 22:22 Tuesday, 22 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
A delayed workday today after a morning health relapse. Back on the case I explain exactly why I do not trust the new management at Skinbiotherapeutics (SBTX) and why owning its shares is madness. En passant I mention Cirata (CRTA) and the FCA.
Pulsar Group (PULS) has announced that it “has reached a satisfactory conclusion with HMRC… as expected, the group has paid the outstanding amounts owed to HMRC. These repayments were made from the group’s normal cash collections… The group’s underlying trading position is robust with a number of recent notable wins across all regions”. The shares have currently responded up to 18.5p, but what about that comparing to above 35p at the start of the group’s current year to end-November?
It is not Petra Diamonds PLC (PDL) that faces the petition. It is a zero for reasons I have explained many times but most recently HERE. However, there is a winding up petition made by HMRC against a subsidiary, Petra Diamonds (UK) Treasury Limited.
The Euroloon Jonathan Price is wrong about most things in life other than his lifelong support for the mighty Hammers, accepting that his Mrs is far too good for him and his knowledge of commercial property and shares in that sector. He regards it as a slam dunk cert that there will be more bids as he explained HERE.
European Green Transition (EGT) has announced its half-year 2026 results emphasising “a transformational period… completed the acquisition of the Wind Services business”. What’s the outlook now from the valuation at a 13p share price, comparing to a 6.75p offer price tip just in April?
At what point does the board of Reabold Resources (RBD) accept that their (shit) all paper offer for Union Jack Oil (UJO) is going to flop and ‘fess that they will then walk away.
Audio visual distributor to the trade, Midwich Group (MIDW) has announced results for the first half of the 2026 calendar year headlined “Solid revenue growth leading to double digit growth in adjusted profit before tax. Outlook for the Full Year remains unchanged”. What about a share price of 150p in response, still down from above 200p early this year?
Better late than never Skinbiotherapeutics (SBTX) has served up a (piss poor) delayed trading update and declined to offer specific guidance going forward other than to ‘fess that it is still loss making and burning cash. It has not yet secured anyone prepared to act as NED as it stated it would by mid September so what’s the good news?
In today’s trading update, the insolvent fraud Supply@ME Capital (SYME) fesses up that it is still unable to publish its year end accounts to 31 December 2025 and that interim accounts for six months to 30 June 2026 won’t be published on the deadline of 30 September. So its shares remain suspended. It gets worse.
Marketing and advertising company M&C Saatchi (SAA) has announced its results for the first half of the 2026 calendar year and that it is “confident in delivering LFL net revenue and operating profit growth for the full year 2026, in line with market expectations”. So what about a current more than 6% lower share price response to below 140p?
We write after recently banking an approaching 32% bid price to offer price gain on another company takeover approach. The company we now replace that with in the portfolio has already had takeover interest into early this year and its recently announced half-year results highlight why and suggest the shares are a Buy.
That is the choice I face as we start the process of choosing a secondary school for my son. After pondering that I look at Amaroq (AMRQ), Skinbiotherapeutics (SBTX), Kefi Gold & Copper (KEFI), Eco Buildings (ECOB) and Hamak Strategy (HAMA)
Describing itself as “the world’s leading supplier of premium, high-performance and sustainable wood building materials”, Accsys Technologies (AXS) has issued a “Trading Update” including that it “expects full year underlying EBITDA (excluding the JV) to be broadly in line with market expectations… demonstrating margin improvement” and what about a current share price response to 63p, 12% lower?
Last week the new board at Union Jack Oil (UJO) fired off a circular explaining why the takeover by Reabold Resources (RBD)recommended by the old board should be rejected. Today Reabold has fired back. I very much doubt anyone will be swayed by either document, the whole exercise just racks up more PR fluffy and professional fees. It’s more cash for the City to splash on nose candy, less for either company to spend on oil exploration. To be fair to Reabold’s evil PR genius Billy Clegg…
Asset Manager Michael Gentile maintains a strongly bullish long-term outlook on gold, viewing the recent price consolidation from its highs as a normal pullback within a broader bull market.
