There is another update on the potential claim against Nomad Cantor Fitzgerald for its negligence in allowing the fraud African Potash (AFPO) to post utterly untrue statements to ramp its shares ahead of a rescue placing. Peter Petyt who is co-ordinating a claim for more than 100 aggrieved shareholders writes:

Previously writing on the former BrainJuicer Group, now System1 Group (SYS1), in August I noted the lack of a Benjamin Graham ‘margin of safety’ biting as the shares slid to 635p and that I continued to avoid. The shares are currently at 530p on the back of a further trading update…

Remember when the FT said Inmarsat (ISAT) was going to bid 140p a share for Avanti Coms (AVN) then at 30p now at 7.26p offer? Today it had a scoop on Telit (TCM) which the company has commented on. There is a grain of truth in the FT scoop but so much of what it writes is just PR spin as I demonstrate in this podcast. I hope the journalists responsible feel soiled and dirty. As for Telit I explain the various scenarios and why the downside is huge whatever happens. I cover UK Oil & Gas. A moron reckons he is going to make money by not paying to read ShareProphets and buying more UK Oil & Gas shares instead. Since his silly email the shares have lost another 14% and are now 4p bid. Next stop 3p then 2p then whatever. Truly the moron will be rich. Not. Then I rant about how troubled Interserv (IRV) lied to investors regarding the reason why its FD left and why that matters. 

Germany's outgoing Finance Minister Wolfgang Schaeuble has warned that spiralling levels of debt, as well as the growth of liquidity across the world, risk creating a new financial crisis. Speaking to the Financial Times as he leaves his long-held post at Germany's finance ministry and becomes the Speaker of the Bundestag, Schaeuble said that his view is shared by economists around the world.

Will Purplebricks (PURP) ever generate real profits from its UK Business? No. I have noted before that its business model is flawed and one reason is the race to the bottom on pricing. Meet the UK's 18th largest estate agent, Doorsteps.co.uk, and flog your house for just £99.

A little bit more of a look at main market listed Interserve (IRV) simply serves to underline my comment earlier that it is a sell.

Writing on waste management group Augean (AUG) previously in August, I stated harmed by HMRC assessment… and worse to come? Well, there is now a “Board Changes and Trading Update” announcement…

Main market listed Interserve (IRV) has followed up its profit warning of 14 September with a statement today that it is in constructive and ongoing discussions with its lenders. The word constructive may sound positive, but I fancy it is anything but: the 14 September warning said that the Board continues to believe that the group will be able to operate within its banking covenants. Oh, and the CFO stepped down on 30 September 2017, as announced on 30 June – except that it looks like that was after a nudge.

So gold and gold stocks have started to rally. What next? Over to Jordan Roy Byrne for his technical analysis with the latest podcast from Palisade Capital

CityFibre (CITY) is one of those companies where I really struggle to see how the market cap is justified, even allowing for future potential and growth prospects. I covered the company bearishly around a year ago when two of the directors offloaded some of their shares when the price was 63p – albeit that they didn’t hold many of them anyway.

Hello, Share Schemers. Cement isn’t as exciting as gold, silver and precious stones. But most share shifters know that boring often means rising share prices. Whereas gold, silver and jewel mines are always blighted with uncertainty. By the way the world population is growing, we will always need cement.

I commented the other week on an RNS from LSL Property (LSL) announcing at 6.05pm on a Friday that it was pleased to announce that it had lobbed £20 million into the online hybrid estate agent Yopa Property Limited for a 17.3% equity stake. If it was that pleased, why announce it late on Friday evening when everybody has gone home? In any case, was it £20 million, or was it £15.6 million?

I start with a look at the poverty of small cap coverage in the Sundays but then in general. Just where can you get quality objective material on AIM shares? Then responding to Malcolm's what he looks for in shares to buy, I go through a good look at what I look for in shares to avoid or short.

Nickel prices have performed strongly in recent months and are currently up around 30% from the lows which they hit during the early part of the summer.

Having bottomed at 105p, shares in Internet of Things/blatant fraud Telit Communications (TCM) bounced to almost 200p but have now slid back to 157.5p. Here are six reasons why they are going to head sharply lower in the next three months and will in due course go to zero.

This is the second time this year Jim Rickards has predicted a major stockmarket crash. Maybe he will be right this time. In this podcast Jim discusses how most financial concepts are easy to understand. Dollar and gold are an inverse relationship, and gold has dropped due to recent dollar strength. Throughout 2016 and 2017 the dollar has been weakening. The Euro has risen against the dollar, and this weaker dollar has translated into higher prices for gold.

Around this house lie various piles of coins. I just leave them lying around, out of the reach of Joshua who would try to eat them, but, I admit, it is not a great sign of a sharp financial brain. A few year ago a girlfriend tried to counter this by giving me three piggy banks to leave around the house, as you can see below.

If you look at the website of peer to peer you will see how brilliantly it is doing. £300 million lent, sponsoring Cowes Week, 17,000 customers, Europe's leading P2P) property lending platform, winner of numerous awards, 12% returns offered. But hang on, maybe the judges at Moneywise don;t bother to check out Companies House...

For those of you that lived through the 60s, I met a living embodiment of that era the other day: Barry Miles, co-founder of the International Times and friend to Paul, Yoko, and Floyd (Pink). He has fascinating stories.

Union Jack Oil (UJO) has announced that it has bought the "entire onshore hydrocarbon portfolio interest of Nautical Petroleum Limited, a wholly owned subsidiary of Cairn Energy PLC.". That sounds more impressive than it actually is. This is a small bolt on deal.