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Whetstone , the son of the late Old Mother Worthington fails to gain stockmarket listing
Just when shareholders in Worthington (WRN) thought they would have tradeable golden tickets once again it appears that Whetstone Capital, the son of the late Old Mother, has had its NEX Markets application rejected. We had been expecting trading to start within days but Allan Biggar, the chairman of Whetstone, has posted the bad news. Mr Biggar writes:
- By Tom Winnifrith |
- 5 January 2018, 01:34 |
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Winnileaks scoop: Now Julie Meyer, not that you are a bullshitter, but tell us about Entrepreneur Country & its 320,000 "citizens"
Following the utterly implausible spin put on the demise of her flagship, non bill paying, Ariadne Capital company by former Dragon's Den star Julie Meyer MBE, there may be some folks who think that this obsessive self publicist and narcissist is an A Grade bullshitter. Well now let's turn to another of her businesses, Entrepreneur Country.
- By Tom Winnifrith |
- 5 January 2018, 01:22 |
Woodford’s Income Focus Fund – Just keep digging, Neil, keep digging
I’ve been smiling this week at the comments on Woodford’s website as the moderators are desperately sticking to the party line regardless of what is happening in reality or what Woodford himself is briefing to investors privately. Let me explain in the context of his Income Focus Fund.
- By Cynical Bear |
- 5 January 2018, 01:22 |
Self promoter Julie Meyer MBE & Ariadne Capital and the Glassdoor Reviews - can anyone smell a rat?
Yesterday I asked if serial self-promoter Julie Meyer was a bullshitter as she spun the news of the administration of her flagship Ariadne Capital vehicle. Oddly I have been besieged by folks seeking to offer a steer about this member of the Great & the Good. Let's start at Glassdor.com - where employees post reviews of what it is like working for a company. Ho Ho Ho - can you smell the rat?
- By Tom Winnifrith |
- 5 January 2018, 01:21 |
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Insanity at FastForward Innovations, someone is definitely smoking something!
Madness is afoot at FastForward Innovations (FFWD) with the excitement about the impending listing of its cannabis play, Nuuvera, driving the share price up as high as 30p yesterday. This makes no rational sense as I will endeavour to explain but the summary is simple – if you like Nuuvera, buy it in the market for its market value rather than at 4-5 times its value!
- By Cynical Bear |
- 5 January 2018, 01:21 |
Top shorted London-listed shares at the start of 2018
We review the performance of the top shorted London-listed shares as at the start of each year. For 2017 that review is HERE and, from the FCA's spreadsheet of short positions required to be disclosed to it, we now have the ten top shorted London-listed shares at the start of 2018...
- By Steve Moore |
- 5 January 2018, 01:16 |
As the Ebony Nectar Soars, this British Support Company Could Soar with it
Hello, Share Twinklers. Oil is the hot sector at the moment. The price of Brent Crude is recovering fast. Still a long way to go to those heady days of the $120 barrel, but it’s moving up strongly again.
- By Malcolm Stacey |
- 5 January 2018, 01:05 |
CyanConnode – from not aware of developments that justify share price decline… to a trading warning in less than 4 weeks!
On 11th December CyanConnode (CYAN) noted the (downward) movement in the share price and that it was “not aware of any corporate developments that justify such a movement”. Today a Trading Statement announcement. Should be fine then…
- By Steve Moore |
- 4 January 2018, 08:20 |
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Tom Winnifrith Bearcast - Roll call of shame Arden & the ethically bankrupt mothers at Yellow Jersey
In today's bearcast I look firstly at Debenhams (DEB) and its Christmas trading statement/profits warning. I do not believe what it says on cost cutting going forward and explain why. I do not believe its profits guidance for 2018 either and as such even on an apparent 2018 PE of 7 it is a sell. I also look at Ethernity Networks (ENET) - six months from IPO to shock profits warning, what a disgrace and at Be Heard (BHRD) which forgets that sales are vanity...
- By Tom Winnifrith |
- 4 January 2018, 06:15 |
Cambria Automobiles – continues “in line”, but value or value trap?
Previously writing on Cambria Automobiles (CAMB) I stated trading “in line”, but can that be continued? Today there’s an announcement of “Franchising developments & AGM trading update”…
- By Steve Moore |
- 4 January 2018, 06:00 |
Fox Marble - new sales deal, placing, debt for equity swap. All good news!
I knew about this. I was an insider as well as a loyal shareholder. And for that reason I declined to make Fox Marble (FOX) one of my tips of the year. Otherwise I would have been sorely tempted. 2018 may well be the year of the Fox.
- By Tom Winnifrith |
- 4 January 2018, 03:55 |
Whitbread - in Crozier we trust
I have already given my excuses concerning my 2017 tip of the year Whitbread (WTB), which only went dully up last year. I concluded in that piece that I would 'hold on' and I am. Today's announcement of a change at the top of the company's management structure reiterates such a position.
- By Chris Bailey |
- 4 January 2018, 03:44 |
Big Sofa - finally the contract wins arrive, not one but two! Very strong buy
Like London buses you wait for ages and then suddenly they all arrive at once. Big Sofa (BST) has announced two major contract wins with Target Corporation, a leading US retailer, and Zurich North America, the US company of the global insurance group.
- By HotStockRockets |
- 4 January 2018, 03:30 |
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Dragon's Den Julie Meyer MBE: Putting flagship company into administration is something "every entrepreneur has to do" - whatever you say love
Ex Dragon's Den star Julie Meyer MBE has always struck me as a massive self publicist and an AI bullshitter. Her UK firm Ariadne Capital was put into administration on December 15 but Meyer has published a video (below) claiming that this was all planned and something "every entrepreneur has to do." Hmmm, it is worth having a butchers at La Meyer's track record and also Ariadne's accounts.
- By Tom Winnifrith |
- 4 January 2018, 01:59 |
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Tom Winnifrith Bonus Bearcast - what to make of the "bid approach" for the FRAUD MySquar
After leaking stories of a bid approach to the fraudsters favourite website, MySquar (MYSQ) put out an odd statement yesterday. The shares rocketed. What to make of it all? Remember this is a company that comitted large scale and blatant securities fraud in July 2017 and view matters in that context.
- By Tom Winnifrith |
- 4 January 2018, 01:45 |
UK Oil & Gas - Christmas share price competition. And the winner is...
On setting the competition at the end of November, shares in UK Oil & Gas (UKOG) were 3.85p bid. It was unlucky for Dave Jenkins as a share price-bashing “Operational, Technical & Corporate Update” was announced at attempted no-one watching o'clock 27th December - I was watching though...
- By Tom Winnifrith |
- 4 January 2018, 01:43 |
Though the Oil Price Spurts, Shell and BP Aren't Keeping Pace. A Buying Opportunity, Mayhap?
Hello Share Twangers. After a phoney war start, this winter is turning out to be quite chilly. Most of us saw snow over the Christmas period and though things have warmed up a bit now, there’s still an icy wind blowing. And it's even colder in many parts of the world, including the USA which is seeing temperatures plunge to record lows. Europe has also been unnaturally cold. All this has the effect of using up oil reserves.
- By Malcolm Stacey |
- 4 January 2018, 01:20 |
Concepta's Christmas present NOT - but still very much a buy
Concepta (CPT) has removed an unwanted duplicated cost by letting go of Beaufort Securities as its joint broker, leaving Novum as its sole broker. That's the good news. The less good news came on the last trading day before Christmas when we were told;
- By HotStockRockets |
- 3 January 2018, 07:31 |
Applied Graphene Materials – argues at AGM “pleased with the progress”, BUT…
With “the number of active engagements increased significantly in the year and currently stands at around 100”, an AGM statement from Applied Graphene Materials (AGM) emphasises “the board remains pleased with the progress that the group is making towards the commercialisation of its products and proprietary technologies… Following on from our initial production orders the business secured additional production orders”. Sounds encouraging…
- By Steve Moore |
- 3 January 2018, 07:16 |
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Tom Winnifrith Bearcast - taking on a company whose shareholders are some of the most moronic of morons
In today's podcast I spend a lot of time looking at Pantheon Resources (PANR) - when is the next bailout placing? I make wider observations about this sector. There is then a direct challenge to Mileestone (MSG) about Lyin' Larry and to its Nomad Cairn Financial. I then look at Mila (MILA) and MySquar (MYSQ) commenting on how some AIM CEO's groom BBMs like peadophiles groom their victims. Sam Antar has made the same analogy . It is all about gaining trust.
- By Tom Winnifrith |
- 3 January 2018, 05:10 |