UK 08:49 Monday, 2 November 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
The bet the ranch short semi finals are postponed for 24 hours thanks to the incompetence of Darren. A P45 should be on the way to him. In this podcast I discuss legal threats from Valereum (VLRM), gold and media madness at the Telegraph looking back at how it treated Uncle Chris Booker
The not so private Valereum (VLRM) Telegram group is a hoot. Natch the morons there think that I am the pantomime villain and am to blame for shares in the company being suspended after Guild became the second advisor to quit in less than a year. But now it gets even more amusing as chairman James Bannon has posted as you can see below.
Gold closed the week at $3,874 – well below the $4,000 level and a nasty drop from last week’s $3,995 when I suggested we were seeing capitulation at the end of a long correction since the heady days in the spring when we saw $5,500. Gold stocks were also battered, as can be seen on the chart below (courtesy of ADVFN) of Gold against its mining ETFs GDX, GDXJ and GOEX. It all looks grim.
From grocery bills to mortgage payments, inflation remains a major concern for households worldwide. Now, the Iran war and renewed trade tensions are adding fresh pressure to prices, even as some economies see inflation ease. This graphic maps projected inflation rates across 191 economies in 2026, using data from the IMF’s latest World Economic Outlook.
It’s the ShareProphets Sunday Pub Quiz. There are no prizes! And no Googling!
Georgina Energy (GEX) published its interims in a rushed and panicked fashion last week. It spunked cash of £1,144,186 in the six months to 31 July 2026. A bigger concern though is that the rate of cash spunk appears to have significantly increased in the subsequent period as disclosed in the going concern part of the accounts set out below:
Sunday is a good time to sit back, read, and forget about shares. Put the kettle on, find a comfy chair. You have the time, don't you?
Crazy Meg Short from Bloomberg should head over to the Valereum (VLRM) Telegram Group where folks are coming to terms with the suspension of its shares. You and I know that advisor Guild quit because of the hard proof of fraud served up by this website and by this fine investigative journalist. But group organiser Barry Kartal has an alternative theory.
The most read non-Tom article this week is The View From The Montana Log-Cabin As Gold Capitulates – Am I Panicking? by Nigel Somerville at number 4, or number 10 with Bearcasts.
I start with Burnham on Poundland and Burnham on slavery and compensation. Then it is all things Valereum (VLRM) as the $32 billion fraud goes up in smoke, a triumph for yours truly.
To win an off peak holiday at the Greek Hovel simply send 300-999 words to tomat49@gmail.com on one UK listed stock capitalized at more than £10 million whose shares you expect to collapse, preferably to zero, but are not yet suspended. The deadline to enter is midnight on Saturday but why tarry. Fourteenth up is Steve Moore on Zinc Media (ZIN)
Industrial components manufacturer and supplier Essentra (ESNT) has issued a “Q3 2026 Trading Update” headlined “Strong Q3 revenue growth; FY26 adjusted operating profit expected towards the upper end of market expectations”. How good is this news from the valuation at a 115.2p share price, £328.5 million market capitalisation?
To win an off peak holiday at the Greek Hovel simply send 300-999 words to tomat49@gmail.com on one UK listed stock capitalized at more than £10 million whose shares you expect to collapse, preferably to zero, but are not yet suspended. The deadline to enter is midnight on Saturday but why tarry. Thirteenth up is Fagash talking utter rot on Eco Buildings (ECOB)
The life of Brian. Well two Brians actually. Moritz who is currently chairman of Vast Resources (VAST) and Basham, the champagne socialist of the year 2002-26 who was a NED for a few months in 2017. It seems as it Moritz, the one vaguely credible chap on the board is on the way out as CEO Roy Tucker has been sending emails overnight, notably this one:
I shall discuss the suspension of trading in shares in the Valereum (VLRM) fraud later. Suffice to say I have been on this company’s case for eons and am vindicated. And thus, as you can see below, I celebrated in the traditional way.
