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Bearcast
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Tom Winnifrith Bearcast: Jamie Oliver & Carillion both going down - the taxpayer should not bail out either

Thank you for the kind words about yesterday's special podcast on my own website HERE. In today's bearcast I look at Carillion (CLLN) and Jamie's Italian, both of which are in dire trouble. I touch on bank bailouts, Mrs Thatcher (rightly) shutting down coal mines and the madness of Government farming/forestry policy. It is related to Carillion I promise!

Gold

GOLD – If You’re Not Long, You Will Be Wrong - bitcoin & Metcalfe's Law

Frank Holmes is chairman of a blockchain company (Hive) yet is a major gold bull. He became interested in the space when found out that the CEO of Fidelity a company with two trillion in funds has been discussing bitcoin. He says, “Something big is happening.

CLLN
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The Clock is Ticking for those who wish to Short Carillion

Time is rapidly running out both for support services group Carillion (CLLN), and for those not short the stock.

IQE

Table of shorted AIM shares - week to 12/01/2018

From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2017 and thus far in 2018 (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...

Malcolm-Sax-Machine

Blighty is Losing the Fight Against Most of the World. But that Doesn't Matter.

Hello Share Chewers. If your portfolio is anything like mine, you’ll be laughing all the way to the bank. All those years of waiting for things to really pick up, after the crash of 2008, are at last bearing fruit. The Footsie has been breaking records for days now. And, if you’ve wisely spread your eggs around loads of baskets, you will be well up. 

AIQ

AIQ Limited – now suspended - Graham Chester unearths another “not a Red Flag”

Our good friend and occasional correspondent in these parts, Graham Chester, has also been looking at Standard Listed (as of Tuesday) AIQ (AIQ), which rose from 8p to 125p to have a value of £62.5 million for its £3.6 million of cash and nothing else. Like me, he has become a bit of an anorak on China Frauds so when a familiar name crops up….

ESCH

Escher Group – “marginally ahead” of 14th November “Trading Update” (it means profit warning!)

Postal, retail and financial industries point of service software provider Escher Group (ESCH) has updated including “revenue is expected to be marginally ahead of the figure published in the Trading Update on 14 November 2017 and adjusted EBITDA is expected to be in the order of $2.8m”. The shares have responded slightly higher to a current 137.5p, though that compares with 200p exceeded last year…

SDL

SDL – “further update on the trading performance for the year” in-line, but what’s it ‘further to’ again?

Content management and language translation software and services company SDL (SDL) “is providing a further update on the trading performance for the year ending 31 December 2017”. What’s this further to again? Ah, yep – a profit warning in December...

Bearcast
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Tom Winnifrith Bearcast - 50 today and feeling grim

I plan to record a podcast on www.TomWinnifrith.com on this special day on why I feel more grim about what happens next. In bearcast I cover  AIQ (AIQ), Nighthawk (HAWK), Telit (TCM), Ferrum Crescent (FCR) and Petards (PEG)

GKN

GKN - a January bid for a 'tip of the year'!

Well, well, well. Just when you thought that you have seen it all...the stock market can continue to surprise.

BMV

Bluebird Merchant Ventures – Gubong grab sample results, ‘very encouraged’ (so are we)

Bluebird Merchant Ventures (BMV) has announced results of 'grab samples' after engineers gained entry into the old workings at Adit 4 and from spillage in Decline Shaft 2 at the Gubong gold mine - the results “indicating that a significant amount of gold remains unmined at Gubong”...

AIQ
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AIQ Limited – Standard listing @ 8p two days ago, now 125p. No Red Flags here….honest guv

Suspended today becuase the market is disorderly, AIQ (AIQ) listed on the Standard list just two days ago at 8p per share, raising £3.6 million. It is a special purpose acquisition company incorporated in the Cayman Islands and formed to undertake one or more acquisitions of target companies or businesses in the e-commerce sector. Er, so it’s got no business at the moment and just £3.6 million (minus costs) in the bank and is now worth an incredible £62.5 million! Bollocks.

Dead-Donkey

Julie Meyer MBE - another company set to go bust? First Gazette at Ariadne Capital Entrepreneurs Investments

To misquote a fellow Anglo Irishman, to have one company called Ariadne go into administration is understandable but two would look like carelessness. I flagged up 4 days ago that Ariadne Capital Entrepreneurs Investments Limited was an accident waiting to happen. It looks like we will not have to wait that long...

CGS

Castings plc – trading update, new machining business management face turnaround challenge

Previously writing on foundry and machining group Castings (CGS) in November, I concluded I await some evidence of Machining turnaround before considering following suit with a purchase. On the watchlist. There’s now a Trading Update

BDEV

Barratt the Big Builder is Doing Well, But I'll Still Avoid the Shares

Hello, Share Snackers. The building sector is an interesting one. And previously I've sounded optimism for building firms. After which, we've seen some big increases in share prices.

CARD

Card Factory now 232p after profits warning - guess who filled his boots in October at c315p?

Well which fund manager do you think always knows far better than than the market? After dismal interims in September, only those who always know better than the market would have snapped up 5.02% of the company in early October...

AO

AO World – “pleased” with the revenue growth, but why not provide the range of analysts' expectations?

CEO of online electrical retailer AO World (AO.), Steve Caunce, is “particularly pleased with the double digit sales growth in our UK business” and “pleased with the strong growth achieved” in Europe. Hmmm, what about the bottom-line and outlook though?...

FST

Frontier Smart Technologies: 100%+ gain and 200p target hit earlier than expected – what next?

My buy tip from last May, Frontier Smart Technologies (FST), has reached my target price of 200p earlier than anticipated having had a strong start to the year from a share price perspective, so I thought I should update on my current thoughts.

MMH

Marshall Motor Holdings – emphasises 2017 “ahead of our previously upgraded expectations”, but what about the outlook?

Last week I was cautious on Cambria Automobiles (CAMB) noting macro concerns, today there’s a pre-close statement from fellow AIM-listed Marshall Motor Holdings (MMH)…

Bearcast
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Tom Winnifrith bearcast - knock me down with a feather

I discuss the slew of retail trading statements. At a company level this podcast covers Card Factory (CARD), Lombard Risk Management (LRM) and Fishing Republic (FISH) where today's RNS is very er...fishy.

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