premium content
Mercantile Ports & Logistics - now about that $835 million claim against your colourful chairman
I have always thought that Mercantile Ports & Logistics (MPL) was utterly uninvestable because its statements via RNS were so often untrue and because its chairman Mr Nikhil Gandhi was er... "incredibly colourful" as you can see in my detailed coverage HERE.
- By Tom Winnifrith, The Sheriff of AIM |
- 22 March 2018, 04:55 |
premium content
Tom Winnifrith Bearcast: Malcolm with respect you are talking complete bollocks on IQE
Two days, two bull articles on IQE (IQE). It has worked and I have been goaded here is is why Malcolm Stacey is talking bollocks. I also reference the fraud Eden Research (EDEN) in this discussion on profit being a matter of opinion and that is why cash matters. I discuss why being a liar is bad news as a CEO ref Mkango Resources (MKA) then tease Andrew Monk and Richard Jennings about Gulfsands Petroleum (GPX) - their oil analysis as bad as their Syria analysis on this occasion. Then it is onto Flybe (FLYB) and a detailed discussion of the looming cash crisis and joke valuation at Sound Energy (SOU). I suggest SalvaRx (SALV) run by my good friend Jim Mellon faces a bit of a cash issue. Then I explain why I have cut my UK Oil & Gas (UKOG) target price to just 0.25p making it, at 1.125p, still a slam dunk sell. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH
- By Tom Winnifrith |
- 22 March 2018, 02:26 |
BCA Marketplace and those share trades that show the stench of panic
BCA Marketplace (BCA) was written up as "The Big Short" in my major Autumn dossier at 221p HERE. The shares are now 149p. And the share trading by those connected with it of late stinks of panic suggesting that it is a big a short as ever.
- By Tom Winnifrith |
- 22 March 2018, 01:30 |
Imaginatik – having argued ‘share price does not reflect value’, former Rob Terry fave updates…
Having on 1st February announced “Strategic review including formal sale process”, Imaginatik (IMTK) now updates…
- By Steve Moore |
- 22 March 2018, 01:10 |
ShareProphets China AIM 'Filthy Forty' update – HaiKe Chemical Group exit extending losers edition
Previously updating, we noted from HaiKe Chemical Group (HAIK) “intention to seek shareholder approval for the cancellation of admission to trading on AIM”. This has now been for EGM approval...
- By ShareProphets |
- 22 March 2018, 01:07 |
premium content
Shocking Expose - The training video they used at UK Oil & Gas that made Steve Sanderson such a guru in investor relations
My son Joshua has stumbled across this shocking video which he tells me is the training video that Steve Sanderson of Uk Oil & Gas (UKOG) uses to help him persuade Bulletin Board Morons to buy into the story at Broadford Bridge and Horse Hill. You can now see from where Lyin' Steve gets his inspiration when it comes to "investor relations" ...enjoy
- By Tom Winnifrith |
- 22 March 2018, 01:07 |
More Thoughts on IQE, the Share which Divides
Hello, Share Shouters. As any piece on IQE (IQE) rockets to the top of the ShareProphets leaderboard, there’s obviously oodles of interest out there. But whether anyone wants to comment further on this well-discussed share is another matter. Nevertheless, here are a few more thoughts on the company that divides some writers familiar to this spiffing website.
- By Malcolm Stacey |
- 22 March 2018, 01:05 |
premium content
UK Oil & Gas - forced into statement - don't these A'holes give a FF about AIM Rules?
At 10.38 AM today I published a photo showing that UK Oil & Gas (UKOG) was clearly stopping drilling at Broadford Bridge. The company should have issued an RNS this morning to say this was happening but what does Lyin' Steve Sanderson care about timely disclosure of price sensitive information?
- By Tom Winnifrith, The Sheriff of AIM |
- 21 March 2018, 07:48 |
premium content
Tom Winnifrith Bearcast: not just 1 snake in the Garden of Eden & Toff Tory MP Sir Henry of 3DM infamy here's how I'm coming for you
It is one month exactly to UK Investor Show. Book your seats today! In today's podcast I comment on retail generally but also on any company that says that it is talking to its banks and that they are "supportive." I look in detail at yesterday's results from Eden Research (EDEN). Would you Adam & Eve it? There's lots of snakes in that garden. I look at the request for an EGM of Pathfinder Minerals (PFP) to out useless Nick Trew and NED Toff Tory Sir Henry Bellingham MP of 3DM infamy. Sir Henry I have a score to settle and I have a warning for you about what I plan. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH
- By Tom Winnifrith |
- 21 March 2018, 05:39 |
Proxama – “well placed to pursue our new strategy”. Hmmm, really?
Shares in Proxama (PROX) are on the rise today on the back of the company's AGM-day updates. Let’s take a look…
- By Steve Moore |
- 21 March 2018, 05:30 |
premium content
UK Oil & Gas - the photo that demands a statement now!
Is this photo fake? I believe that it is genuine but do not know for sure. But it is starting to do the rounds on the interweb and appears to show drilling equipment being removed from the UK Oil & Gas (UKOG) site at Broadford Bridge. I would assume it is moving, with the goalposts, to Horse Hill.
- By Tom Winnifrith |
- 21 March 2018, 03:38 |
premium content
Green & Smart - AIM investors robbed again
Green & Smart (GSH) a biogas company from Malaysia is the sort of dog with fleas that has helped to make the AIM Casino the world's most successful growth market. In second place is the Upper Volta bitcoin exchange. Announcements over the past few days are a scandal but, as ever, no heads will roll.
- By Tom Winnifrith, The Sheriff of AIM |
- 21 March 2018, 03:26 |
premium content
Retailer desperation at Kingfisher, Carpetright, Mothercare and Moss Bros
The stock market is of course the best soap opera in the world and today's episode has a distinct retail focus and stars comedy profit warnings, hedge fund bailouts, inevitably the banks and well paid CEOs working very hard...to earn less money. Given the structural shifts online, suppressed consumer spending capabilities and everything else we should not really be that surprised.
- By Chris Bailey |
- 21 March 2018, 03:00 |
premium content
Will anyone at Nomad FinnCap pay a penalty for its part in the massive Constellation AIM fraud?
FinnCap likes to tell us that it is one of London's leading Nomad's. Okay lets overlook the Silverdell scandal where it insisted that it did nothing wrong as the company misled investors who then lost all their money but how about Constellation Healthcare? This may be off your radar as this company delisted from AIM in January 2017. But this is a massive scandal.
- By Tom Winnifrith, The Sheriff of AIM |
- 21 March 2018, 02:55 |
premium content
Purplebricks shares have tanked - what is going on? A cue for Neil Woodford to top up?
In days gone by Britain's most conceited fund manager Neil Woodford would have noted how shares in Purplebricks (PURP) have slumped from 440p to c300p in just over three weeks and because Nomates always knows better than the market he would have topped up his holdings. But cash is a tad tight for Neil so he has not done so yet. Maybe he will indeed extend his fund's overdraft and catch another knife? But why are the shares tanking. I suggest you ask RICS.
- By Tom Winnifrith |
- 21 March 2018, 01:45 |
Inspirit – all’s quiet: signs of a problem?
I note that things have been very quiet of late over in the boiler room of AIM-listed Inspirit Energy (INSP). Normally that might be seen as a good thing – the company quietly getting on with making shareholders money, and not getting bogged down in ramptastic RNSs. But I wonder if there is a nasty brewing here...
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 21 March 2018, 01:10 |
SpaceandPeople – German contract extension, further encouragement?
Previously writing on promotional and retail merchandising space company SpaceandPeople (SAL), I sounded a note of caution in terms of German operations challenges. There’s now a “German Contract Extension” announcement…
- By Steve Moore |
- 21 March 2018, 01:07 |
Tom's Right to Bemoan IQE's Cash Generation - But it Doesn't Necessarily Mean the Shares Won't Shine
Hello, Share Snafflers. So IQE’s (IQE) full-year results are out and once again they fail to electrify the City. This led to a full analysis of the new numbers by a sceptical Uncle Tom. As you’d expect, this investigation is fiercely penetrative. And once again, we owners of the stock are frightened to death by what Tom says.
- By Malcolm Stacey |
- 21 March 2018, 01:04 |
premium content
Tom Winnifrith Bearcast: surely Gert Rieder of Falcon is a fraudster who should be sent to jail
In today's podcast I start with a digression about driving to Greece given the day's good news about the hovel HERE. But I have a serious point about residual values of cars, ref BCA Marketplace (BCA), Northgate (NTG) and others. I then look at Falcon Media (FAL) and its boss who I accuse of fraud and think should go to jail. Then it is on to Milestone (MSG) - told y'all!!!! - Ferrum Crescent (FCR), De La Rue (DLR), and Amur Minerals (AMC). I have a pop at an Ulster born bimbo on BBC Business over Brexit and then discuss Neil Woodford where Roger Lawson defends the indefensible after today's shocking revelations. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH
- By Tom Winnifrith |
- 20 March 2018, 08:07 |
Cloudcall – 2017 results, emphasises significant reduction in cash burn… but is there?
“CloudCall (AIM: CALL), a leading cloud-based software business that integrates communications functionality into Customer Relationship Management platforms, is pleased to announce its audited full year results for the year ended 31 December 2017”. The shares have though responded currently more than 6% lower, towards 165p…
- By Steve Moore |
- 20 March 2018, 08:00 |