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MySquar – Assets overstated by 50% and loss understated by 33% due to inappropriate intangible asset capitalisation
Holocuast denying is the biggest crime of the fraudster vermin who run MySquar (MYSQ) but there is also the matter of some utterly mickey mouse accounting.
- By Tom Winnifrith, The Sheriff of AIM |
- 1 December 2017, 03:10 |
Flowgroup – now from customer growth “a key target” to “should maintain” number of customer accounts in just a few months
The first paragraph of a Trading Update and Directorate Change announcement from Flowgroup (FLOW) includes “significant cost savings and management changes, to bring forward profitability by six months to the year commencing July 2018”. The shares are though approaching 10% lower, at 0.64p, on the back of the announcement…
- By Steve Moore |
- 1 December 2017, 01:40 |
KEFI Minerals – legal success outweighed by financing disappointment. BUT...
Good news from KEFI Minerals (KEFI) with an announcement that the Federal Supreme Court of Ethiopia has dismissed its potential liability regarding an inherited claim for damages. However, the shares currently remain depressed following a project finance update...
- By HotStockRockets |
- 1 December 2017, 01:31 |
St. Ives – emphasises “ahead of management's expectations”… but another earnings decline still currently expected
Marketing services group St. Ives (SIV) has updated on recent trading “ahead of management's expectations” - and the shares have currently responded more than 6% higher towards 80p…
- By Steve Moore |
- 1 December 2017, 01:20 |
Is it all Behind the Four Big British Banks - and which Is the Best One to Back?
Hello, Share Miners. The four big British banks are still avoided like rattlesnakes by many share shifters. But there will come a time when everybody finally forgets what happened in 2008 - and most of the other banking shocks, since.
- By Malcolm Stacey |
- 1 December 2017, 01:11 |
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Tom Winnifrith Bearcast: Fraudster Eric Schaer & Piers Pottinger you are holocaust deniers and your numbers are shit too
I refer to my earlier piece on the evil language used by MySquar (MYSQ) to describe the state sponsored genocide in Myanmar. In light of that I accuse Eric Schaer, Piers Pottinger and their evil PR spinner Damian McCrystal of being holocaust deniers. As a bonus results out today show the clear fraud that occurred in July, throw up even more red flags, very dodgy accounting and demonstrate why this is a cash guzzling, worthless crock of shit. I also cover R4E (R4E), shares in which we own, and ITM Power (ITM).
- By Tom Winnifrith |
- 30 November 2017, 09:46 |
Conroy and Karelian lifestyle companies produce results in a sea of Red Flags. 2: Conroy
Yesterday I described the FY17 results of Karelian Diamond (KDR) and a series of Red Flags to be found. Today we look at its stable-mate, AIM-listed Conroy Gold and Natural Resources (CGNR) and find a similar story. It is a car-crash festooned with more Red Flags.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 30 November 2017, 09:13 |
Tern – forget the portfolio update, it’s a death spiral, stupid
AIM-listed Tern plc (TERN) has issued a portfolio update RNS this morning, but that is not the story. It waxes lyrical about how well Device Authority is doing – but what about the $10m fundraising? Step forward the Statement Re Issue of Convertible Unsecured Loan Notes and Loan To Device Authority for that is where the real beef is. It’s not pretty.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 30 November 2017, 08:18 |
Blenheim deals look expensive for existing shareholders
Twitter and the bulletin boards were awash with people saying how great the Blenheim Natural Resources (BNR) news was this morning, but having had a good read myself I think they may have been over-egging it somewhat!
- By Gary Newman |
- 30 November 2017, 04:48 |
CVS Group – AGM commences “pleased to announce” re. sales, so why are the shares slumping?
Shares in veterinary group CVS (CVSG) are currently sliding despite an AGM Statement commencing “the board is pleased to announce that in the four month period ended 31 October 2017 the group's total sales grew by 20.6% and like-for-like sales grew by 4.3% compared to the same period last year”…
- By Steve Moore |
- 30 November 2017, 04:37 |
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MySquar - Eric Schaer & Piers Pottinger may your souls burn in hell, you are despicable & evil
I shall cover the abject results from fraud MySquar (MYSQ) in detail later. But first there is the matter of why the souls of CEO Eric Schaer and chairman Piers Pottinger will burn in hell. They are men beneath contempt - I refer you to a statement in today's numbers relating to events in Myanmar.
- By Tom Winnifrith |
- 30 November 2017, 01:50 |
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Versarien – interim results, management chat
Versarien (VRS) has announced results for its half year ended 30th September 2017 and despite emphasising that - with “revenues having increased, losses halved and high levels of interest in our graphene products” as well as a successful recent net £2.8 million placing - “we are viewing the future with much optimism”, the shares have responded approaching 12% lower below 40p. However, this still compares to sub 20p earlier in the month and little more than 11p at the commencement of 2017…
- By Steve Moore |
- 30 November 2017, 01:40 |
So farewell then useless froggie Xaviet Rolet...our in-house poet writes
Our in house poet EJ Somerville-Thribb, aged 17 3/4, offers up a few words on the departure of the CEO of the London Stock Exchange (LSE):
- By Tom Winnifrith |
- 30 November 2017, 01:30 |
In Gold we trust. Ahead of Trump's soon to be unleashed global trade wars
At the moment no matter what level of debt America carries, other countries need dollars. Dollars to pay for oil, since global oil is traded in dollars and dollars for their financial system so their banks can settle contracts for goods and services traded in dollars. But over the last few years China has been systematically putting in place everything it needs to launch the Yuan not only as a rival to the dollar in trading and settling oil contracts but also as a rival to the dollar as the world’s reserve currency. At the moment the only rival to the dollar is the Euro and that is failing.
- By David Scott |
- 30 November 2017, 01:25 |
Christmas Comes Early - Pirate Pete Landau of Range infamy in Court again
As he only visits those boys and girls who have been good this year I guess that Santa will once again feel no need to drop in on the Landau household, headed up by Pirate Pete of Range Resources (RRL) and many other companies, infamy. But for the rest of us there is an early present with news that the Pirate is in Court again. Happy days.
- By Tom Winnifrith, The Sheriff of AIM |
- 30 November 2017, 01:23 |
Sanderson - positive full-year results and management chat; Buy
Digital retail technology and enterprise software group Sanderson (SND) has announced results for its year ended 30th September 2017 and that “a healthy order book and good sales prospects provide the board with a good level of confidence that, at this relatively early stage of the new financial year, the group will make further progress and deliver trading results which are, at least, in line with market expectations for the year ending 30 September 2018”…
- By Tom Winnifrith & Steve Moore |
- 30 November 2017, 01:20 |
Should We Hold it? Or Go Flash Bang Wallop? As Photo-Me Snaps New Highs
Hello, Share Plungers. It’s reasonable to keep you up to date on shares I’ve been writing about positively. This is especially enjoyable when the stock in question is probing new highs. Because then the question arises, is it now time to take profits?
- By Malcolm Stacey |
- 30 November 2017, 01:12 |
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Tom Winnifrith Bearcast: having a rant at Andrew Monk, City brokers, Bushveld & Conroy
I start with a few comments on the thoughts of top broker Andrew Monk who is normally bang on the money but on a couple of recent points wrong. Then it is onto Conroy Gold & Natural Resources (CGNR), Karelian Diamonds (KDR), Fishing Republic (DOG), Bushveld Minerals (RAMP) and ITM Power (ITM).
- By Tom Winnifrith |
- 29 November 2017, 09:14 |
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Conroy and Karelian lifestyle companies produce results in a sea of Red Flags. 1: Karelian
AIM-listed (and no longer on Ireland’s ESM market) Conroy Gold and Natural Resources (CGNR) and Karelian Diamonds (KRL) released full year results this morning. It is a double set of Red Flags for these two lifestyle companies of Prof Richard Conroy – and despite the latter having been floated off by the former, more Red Flags come into play with related party transactions. But the biggest sin of all is treating your own shareholders as utter muppets, which is where I start.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 29 November 2017, 08:25 |
HSS Hire – “decisive actions return group to profitability”. Really?
A trading update announcement from tool and equipment group HSS Hire (HSS) is headlined “Decisive actions return Group to profitability” - and the shares have currently responded higher. However, down from above 80p at the commencement of 2017, they are only up 1p presently on the day at 29p…
- By Steve Moore |
- 29 November 2017, 08:00 |