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Catenai – this is bonkers: Liam Murray on the funny fags again?
Sub scale investment company Catenai (CTAI) was meant to surf the AI wave following its latest exercise in rebranding and bandwagon jumping. Today it has announced a non AI, related party, deal which is almost criminally insane.- By Tom Winnifrith, the Sheriff of AIM |
- 25 April 2024, 13:08 |
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Trifast – “expected to be marginally ahead of guidance”. Er, that which was massively downgraded since its half-year?…
Industrial fastenings and components company Trifast (TRI) has issued a trading update including that its “revenue and profitability for the financial year ended 31 March 2024, are expected to be marginally ahead of guidance indicated in the announcement of 22 January” and that it is confident that a consolidation into a UK National Distribution Centre will enable it “to rebuild revenues with a much higher level of efficiency and gives the UK business a stronger platform to benefit from demand recovery in the short to medium term”. So what of a share price currently up to 80p in response?- By Steve Moore |
- 25 April 2024, 11:02 |
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Tern: is this an admission that it deceived investors (again) on 12 April?
If sub-scale investor in useless companies Tern (TERN) stated that 2+2 =4 I’d ask for that claim to be independently verified such is the way that over the years it has played fast and loose with the truth. On April12 it raised £420,000 gross in a deeply discounted post ramp placing at 2.4p and stated:- By Tom Winnifrith, the Sheriff of AIM |
- 25 April 2024, 10:30 |
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Tom Winnifrith Bonus Bearcast: the Ariana Zimbabwe merger and M&A activity among gold miners, is it yet a frenzy?
The podcast is what it says on the tin. I consider the Ariana (AAU) deal as a shareholder but also a Zim sceptic and explain a new price target.- By Tom Winnifrith |
- 25 April 2024, 10:05 |
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Dispensa the last rats jump: a preview of how the frauds Supply and Regtech will fail
The Alessandro Zamboni/Dominic White stockmarket empire of fraudulent and piss poor companies is crumbling. The first to head to the executioners’ block is Dispensa (DISP), formerly Zamaz where things are moving rapidly.- By Tom Winnifrith |
- 25 April 2024, 08:13 |
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James Parsons given the order of the boot – Coro suspended: and there is more to come
Once upon a time James Parsons appeared to walk on water. Folk like Brokerman Dan waxed lyrical about how the Parsnip could create value from nothing. Zak Mir’s charts looked great. They always do. In reality it was all a great promote and the castle built on sand that was Sound Oil/Energy (SOU) crashed to earth. Today shareholders in Coro Energy (CORO) have voted Parsnips off its board and its shares have been suspended. I can reveal that worse is to follow…- By Tom Winnifrith |
- 25 April 2024, 08:12 |
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ActiveOps – trading update, building on “strong foundations established since IPO”?
Describing itself as “a leading provider of Decision Intelligence software for service operations”, ActiveOps (AOM) states that it is today “pleased to provide an update on trading for the year ended 31 March 2024. Highlights include good growth in adjusted EBITDA, profit before tax and cash, with an 11% increase in SaaS revenue on a constant currency basis and exit Annual Recurring Revenue up by 14% CC versus the prior year”. However, revenue is vanity and adjusted EBITDA is manipulated bullshit earnings, what about the bottom-line profitability and cash?…- By Steve Moore |
- 24 April 2024, 16:05 |
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Tom Winnifrith Bearcast: Dirty tricks by the Tirupati board or just a total moron?
In today's bearcast I explain, again, free speech to Magna Carta, I look at Tirupati Graphite (TGR) after THIS SCOOP, Gear4Music (G4M), Ironveld (IRON) and more Karma for Richard Jennings to enjoy and finally at the Critical Metals (CRTM) scandal.- By Tom Winnifrith |
- 24 April 2024, 15:22 |
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SRT Marine Systems – “remains in line with market expectations”, what those which were recently downgraded? And now with possible problems in the Philippines…
A “Response to reports in Philippine press”-titled announcement from SRT Marine Systems (SRT) at 09:48 today commences “SRT notes the recent share price movement and reporting in the Philippine press with regard to the IMEMS fisheries project. SRT wishes to clarify that the IMEMS contract was won following a competitive international tender, which has been successfully implemented and is operational”. The noted share price movement that dare not speak its name was a fall yesterday from 29.5p to 24p and further early this morning, so what are the reports in Philippine press on the Integrated Marine Environment Monitoring System contract and the further details of SRT’s response?- By Steve Moore |
- 24 April 2024, 14:24 |
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I’d be nervous ahead of Shield Therapeutics results on 30th April
Less than five years ago shares in Shield Therapeutics (STX) were 187p and they were a bulletin board darling set to enable numerous gerbils to splash out on new Lamborghinis. Today we bears are vindicated as the shares are just 1.375p but that is still a £10.5 million market cap and I’d be nervous ahead of results next week.- By Tom Winnifrith |
- 24 April 2024, 13:02 |
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Filtronic – trading and “strategic agreement” announcements, was I too cautious to have just had the shares on the watchlist?
Previously writing on products for the aerospace, defence, space and telecoms infrastructure markets company Filtronic (FTC), last year with the shares back towards 15p I concluded they for the watchlist with forecast strong profit rises but delivery timing concerns. What then of today “Strategic Agreement with SpaceX” and “Trading Update” announcements currently sparking the shares beyond 50p?
- By Steve Moore |
- 24 April 2024, 11:49 |
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Tortilla Mexican – I just do not understand what Lucky Luke Johnson is playing at!
You may remember shares in Tortilla Mexican (MEX) surging to almost 60p as my pal “Lucky” Luke Johnson took a disclosable stake. I do not want to bet against Lucky but he is not infallible and Tortilla’s calendar 2023 results are out today and are piss poor. Moreover, there is all the sort of red flag willy waving in the statement that would normally see Lucky run a mile.- By Tom Winnifrith |
- 24 April 2024, 11:10 |
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Anglo Asian Mining – Q1 update, expects to receive a transformative permit “shortly”
Anglo Asian Mining (AAZ) has issued a first quarter of the year update including commencing that gold production from heap leaching and copper production from sulphidisation, acidification, recycling and thickening (SART) continued throughout the quarter, but that “production was significantly reduced during the quarter due to operations remaining partially shut down as the company awaits permission to raise its tailings dam wall, which it expects to receive shortly”. Is there still significant recovery potential from an unchanged 63.5p share price? We suggest so.- By HotStockRockets |
- 24 April 2024, 09:36 |
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BREAKING: Sack the board call at Tirupati by a serious team
A letter went to Tirupati Graphite (TGR) yesterday demanding wholesale boardroom change after years of shocking corporate governance we have exposed here. The requisitioners are serious but, needless to say, Tirupati has not let shareholders know.- By Tom Winnifrith |
- 24 April 2024, 08:42 |
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Videndum – 2023 results, argues “strong” confidence in post-strikes recovery… but still currently below expectations!
Describing itself as an “international provider of premium branded hardware products and software solutions to the content creation market”, Videndum (VID) has announced results for the 2023 calendar year including noting significant impact from headwinds including strikes by US writers and actors but “strong” industry confidence in the post-strike recovery. So what of a share price currently down a further more than 2% to below 280p?- By Steve Moore |
- 24 April 2024, 08:25 |
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Capital Limited – Q1 update, an already winning share tip with further to go
Mining services company Capital Limited (CAPD) has issued a first quarter of 2024 trading update including noting revenue of $80.2 million and confidence in its guidance as “tendering activity remains robust across the group with a number of opportunities progressing”. This is good news from a current 95.6p share price.- By Tom Winnifrith & Steve Moore |
- 24 April 2024, 08:12 |
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A failed fund manager insists Government Finances are in great shape whatever we doomsters say
Yes Neil Woodford is back with his new career as a blogger. You might think that UK Government finances are a mess. Think again, the UK's leading failed fund manager takes a different view Over to the disgraced Woodford.- By Tom Winnifrith |
- 23 April 2024, 14:47 |
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Tom Winnifrith Bearcast: is it racist to wish you a Happy St George's Day?
It probably is and Joshua, Olaf, Jaya and I am not, for obvious reasons celebrating myself but the Mrs is so if you are brave enough to wave a flag and so get reported for a hate crime, I wish you a Happy St George's Day. Then I sip the cup of Schadenfreude with the vicar and look at Bushveld Minerals (BMN), at the comedy show at Ben's Creek (BEN) and at my GOTCHA scoop and 88 Energy (88E). No need for me to get a journalism award for yet another scoop, save it for some PR cocksucker from the deadwood press. I have more words on Technology Minerals (TM1) and then there is a detailed look at Microsalt (SALT) which looks to me to be at least 66% overvalued.- By Tom Winnifrith |
- 23 April 2024, 14:47 |
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Ilika – “Capital Markets Day and Trading Update”, attempted ramptastic and cash burn?…
Describing itself as “a pioneer in solid-state battery technology”, Ilika (IKA) commences a trading update with that “trading for the year ended 30 April 2024 has been in line with current market expectations and the company expects to generate revenue of approximately £2.0m for FY 2024 (FY 2023: £0.8m)”. So what of a current share price of 28p, down from approaching 50p as recently as December?- By Steve Moore |
- 23 April 2024, 14:09 |
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Bluejay Mining, I am confused, surely it and disgraced Nomad SP Angel are not telling porkies (again)?
With a hat tip to reader D, I am mighty confused by recent comments made by BlueJay Mining (JAY) and its disgraced Nomad SP Angel of the fraud MySquar (MYSQ) infamy. I flagged up last week how the company was diworsifying into, inter alia, helium and hydrocarbon exploration in Greenland having failed at everything else.- By Tom Winnifrith, the Sheriff of AIM |
- 23 April 2024, 11:36 |