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Breaking: Arian Silver's disgraced CEO Jim Williams to be fired - Lithium RTO and fund raise imminent
A City source has revealed to me that the long serving and self serving fat cat boss of serial uber dog Arian Silver (AGQ), Mr Jim Williams is set leave the company within days. The forced departure of Williams, whose pay has been obscene in relation to the 99% shareholder wipeout which he has presided over, is a prelude to yet another fund raise.
- By Tom Winnifrith |
- 3 May 2018, 01:12 |
UK Investor Show 2018 Video: UK Investor Show 2018 Video - George Frangeskides of Alba Mineral Resources
My pal Mike Nott was detailed elsewhere so stepping up to the plate for Alba Minerals (ALBA) was George Frangeskides as you can see in the video below.
- By Tom Winnifrith |
- 3 May 2018, 01:11 |
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More Thoughts on Securing Our Shares in the Dark Shadow of Beaufort.
Hello Share Scorchers. In a well-written reply to my earlier article on how to secure our shares in future after the Beaufort affair, that wise Shareprophets contributor, Drunken Sailor felt I was over-egging the pudding.
- By Malcolm Stacey |
- 3 May 2018, 01:11 |
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Tom Winnifrith Bearcast: Who sent me the lawyer's letter and suspending disbelief (pro tem) on Tesla, Telit & Purplebricks
The lawyer's letter? I must keen you in suspense as I discuss with my lawyers how to respond so you can still vote on who sent it HERE. I also chatted today to Lucian about three slam dunk shorts: Telit (TCM), Purplebricks (PURP) and Tesla (TSLA). Or are they slam dunks? Might disbelief be suspended forever.? I then look at Photonstar Led (PSL) at Conroy Gold (CGNR) and at how AIM gives capitalism a bad name by not letting bust companies such as Andalas (ADL) fail.
- By Tom Winnifrith |
- 2 May 2018, 05:07 |
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Telit & that shocking Window Dressing of Debt - a reader assists
I asked the question yesterday whether the net debt figure claimed by Telit (TCM) as at 31 December was representative. If so why have so much expensive debt but also so much cash yielding bugger all. A reader helps - this is window dressing.
- By Tom Winnifrith, The Sheriff of AIM |
- 2 May 2018, 04:36 |
Polymetal - grade, growth, cashflow, dividends
First a hat tip to fellow ShareProphets scribe Gary Newman who absolutely called it three or so weeks ago when he wrote HERE, highlighting the overly negative reaction of Polymetal (POLY) shares to the news of varying sanctions on Russian corporate names and businessmen. After having an opportunity to speak with the management of the company last week, I completely agree with Gary's assertion.
- By Chris Bailey |
- 2 May 2018, 04:36 |
Goldplat – some Q3 disappointment, but upside potential remains
Goldplat (GDP) has updated on the third quarter (to 31st March) of its year – including gold equivalent production of 6,966 ounces, taking the year-to-date to 27,212 ounces…
- By HotStockRockets |
- 2 May 2018, 04:35 |
UK Investor Show 2018 Video - Rob Scott of Anglo African Agriculture
Big Dave Lenigas pulls the strings here but he was in the land of High Culture on business matters on April 21. So Rob Scott stood in and presented on behalf of Anglo African (AAAP) where I am, for reasons I cannot really remember, a long suffering, if small, shareholder. Over to a man called Scott who is not a drunk and who appeared on time to present coherently. Clearly he's not related to Paul.
- By Tom Winnifrith |
- 2 May 2018, 04:34 |
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Exclusive: And Now Julie Meyer's ex PR man Henry Gewanter says she has not paid him a cent
Noting yesterday that Julie Meyer MBE had hired a new high powered lawyer (to replace the half dozen or more to whom her companies owe money for unpaid bills) I wondered why ace PR spinner Henry Gewanter did not have his name on the release. Henry has answered with a post on the article. It reads:
- By Tom Winnifrith |
- 2 May 2018, 04:33 |
UK Investor Show Dragon's Den Video Number 5: Tom, Brian Kinane & Steve invest another £3,000
At the UK Investor Show there were six Dragon's Den sessions. As a result of each £3,000 of my real money was invested after each dragon picked one of the 5 companies doing an elevator pitch. In session five the Dragons were me (Tom Winnifrith), Brian Kinane of Riverfort, a jovial Irishman who takes teasing well, and Steve Moore. The companies pitching were: Big Sofa, Symphony Environmental, Stranger Holdings and Papua Mining
- By Tom Winnifrith |
- 2 May 2018, 04:33 |
Telit - results re-emphasise a compelling sell at 160p
Despite missing even the most pessimistic forecasts, Telit Communications (TCM) was given the thumbs up by the market, up 3% as I write, to 160p. I guess on the basis that the kitchen sink job is now over and it is onwards and upwards from here.
- By Lucian Miers |
- 2 May 2018, 03:36 |
UK Investor Show 2018 Video: Ali Hall and Julie Lavington of Sosandar
No one seemed to disagree that Ali and Julie came across incredibly well at the show. Sosandar (SOS) is a stock that I own as does Nigel Wray and so does Paul Scott who, in his sober moments, is a good retail analyst. Anyhow see what you think. I reckon the shares are a great buy at 15.5p.
- By Tom Winnifrith |
- 2 May 2018, 03:35 |
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Monty Python explains the true value of Andalas & the 4 questions it must answer NOW!
I was told last night by the PR spinner to Andalas (ADL) that I should be asking about its new focus in the North Sea, how it will build value, yadda, yadda, yadda. FFS This company has no assets of value, it is burning stacks of cash every day and has NEGATIVE Net current assets of up to $2 million, even after the £600,000 placing on Monday - what don't you understand about the words "FECKING INSOLVENT" darling? I leave it to Monty Python to explain the true state of Andalas below. Meanwhile here are 4 Burning questions it is not answering so I - and Brokerman Dan - will keep asking.
- By Tom Winnifrith, The Sheriff of AIM |
- 2 May 2018, 03:10 |
UK Investor Show 2018 video - Kiran Morzaria of Cadence Minerals
I should declare that about eight years ago I borrowed C$20 from Kiran Morzaria in a snow bound Toronto and have yet to pay him back so there is a clear conflict of interest here. Not! Cue Bulletin Board Morons screaming about brown envelopes. I digress, Kiran was presenting on behalf of Cadence Minerals (KDNC). Enjoy.
- By Tom Winnifrith |
- 2 May 2018, 03:08 |
Velocity Composites – less than a year since AIM IPO, it’s another profit warning!
In May last year CEO of aerospace industry material kits company Velocity Composites (VEL), Jon Bridges, was “delighted to announce the successful completion of our admission to the London Stock Exchange… look forward to our future as a quoted company with confidence”. That was at an 85p per share IPO price. The shares are currently 55p after a latest “Trading Update”…
- By Steve Moore |
- 2 May 2018, 01:25 |
Fancy an Oil Play in the Ukraine? It Might Be More Enticing than you Might Think
Hello, Share Baggers. It’s a long time, if ever, since I brought up one of the most annoying stocks in my portfolio. That’s JKX Oil & Gas (JKX). And at long last, I see a glimmer of hope. I advised my wife to buy this company for her ISA yonks ago.
- By Malcolm Stacey |
- 2 May 2018, 01:20 |
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Julie Meyer hires yet another lawyer to deal with "inaccurate" press comment
At the last count Julie Meyer MBE had worked her way through 11 lawyers in the past few years. The list of outstanding creditors when Ariadne Capital Limited went tits up included six UK law firms. Now it seems she has hired another, to deal with wicked Journalists spreading untruths about her problems in Malta. It is a FACT that on 25 April the Court order Police to find Ms Meyer within 48 hours after she failed to turn up for one of several cases involving unpaid wages but Julie says the press has got it all wrong and has just issued the following statement:
- By Tom Winnifrith |
- 1 May 2018, 07:26 |
Purplebricks being investigated for misleading Aussie customers (again!)
The UK regulators seem loathe to take action but having been fined last month for misleading customers in Australia it seems that Purplebricks (PURP) is in the soup once again down under. Why don't UK authorities take action too asks Chris Wood in his cracking UK Investor Show video out today HERE. Meanwhile the AFR reports:
- By Tom Winnifrith |
- 1 May 2018, 06:28 |
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Tom Winnifrith Bearcast - The Fat Lady arrives at Nighthawk and Dave Whitby's payoff question
In the main bearcast of the day I start by asking what payoff disgraced Dave Whitby got at worthless insolvent POS Andalas (ADL)? And were mugs who backed the latest placing told where much of their cash was going ( i.e. to Whitby). Feel free to contact me if you are an Andalas owning mug. The fat Lady arrives at Nighthawk (HAWK) and looks to be in the wings at Nature Group (NGR) while new problems emerge at Imaginatik (IMTK) - a former Rob Terry fave but I speculate on bigger worries that the Quindell fraudster faces - and at Management Consulting (MMC). I think the fat Lady may well also have an appointment with Widecells Group ( WDC) shortly. I comment on 4 reasons why Advanced Oncotherapy (AVO) shares may be falling and on looming results at Optibiotix (OPTI), where we own shares.
- By Tom Winnifrith |
- 1 May 2018, 06:17 |
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Buy a ShareProphets subscription for £5.99 a month TODAY - 2 weeks of unique treats in store if you do
In the fortnight following the UK Investor Show on April 28 there will be a spectacular avalanche of treats on ShareProphets but those treats will be for paying customers only. So what can you expect? And why should you join TODAY? Here goes...
- By Tom Winnifrith |
- 1 May 2018, 05:12 |