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Tom Winnifrith Bearcast: Joshua in the room otherwise Catriona & Matthew's Dog would love my words on EasyJet
Joshua is here as I record from Athens which tempers my language. I discuss our travel experience and then it is onto Tern (TERN), Hydrogen Utopia (HUI) and the scandal at Ashington innovations (ASHI), where the FCA must surely wade in. Finally I apologise on behalf of Darren, the latest video is working now HERE- By Tom Winnifrith |
- 17 August 2023, 15:53 |
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BREAKING Ashington Innovation: the struck off dentist and a £135m RTO of a company that is bust - surely the FCA cannot allow this joke to go through
A day after Jason Drummond quit standard listed Ashington Innovations (ASHI), its shares have been suspended on the Standard List for an RTO which, even the FCA must surely block. The struck off dentist, the history of bogus deals and a valuation of £135 million for a company late with its filings and technically insolvent is surely just too much for the FCA to allow. I have already contacted a responsible fellow at broker SI to suggest that its rogue employee Jon Levinson who is masterminding a raise here has gone too far. The FCA is next up, when I get to the Greek Hovel and can work with a clear mind.- By Tom Winnifrith |
- 17 August 2023, 14:20 |
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Rank Group may not overtly be “Dank Group”, but it is still an avoid for me
Near the end of last year, I observed that “there was another whoopsie from Rank Group (RNK)”. As it happens, the shares are up year-to-date (although they are flat over the last year and down nearly 50% during the last five years). And I see that the average Mecca bingo hall is still having to hope about future profitability.
- By Chris Bailey |
- 17 August 2023, 14:10 |
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Hydrogen Utopia – adverse media comment ( I think it is taking about me!)
Hydrogen Utopia (HUI) likes the sort of media comment where – in return for brown envelopes – members of the NUJ say how cheap its shares are and agree to pie in the sky forecasts. Today, it has put out a statement, clearly referring to my article of yesterday. Ouch, get that handbag swinging Howie White. You are awful but … I like you. Hell’s teeth I don’t actually. Hydrogen states:- By Tom Winnifrith |
- 17 August 2023, 13:45 |
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Kin and Carta – profit “ahead of market expectations”, but how so really?
‘Digital transformation consultancy’ Kin and Carta (KCT) has issued a “trading update” including “Q4 reflects a second quarter of sequential net revenue growth before and after acquisition effects” and “FY23 adjusted operating profit is expected to be £17.9-£18.4 million, 10.5%-14.0% ahead of market expectations… the company enters FY24 with a healthy backlog and expects further sequential net revenue growth in Q1”. What of a share price currently up to 75p in response?- By Steve Moore |
- 17 August 2023, 13:41 |
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If you take a punt on the Helium One drill then the odds definitely aren't in your favour, but this type of drill will always attract PIs
Helium One Global (HE1) is always one of those companies that attracts a lot of attention around drilling as helium is a commodity that is in-vogue, and the amount of prospective resources is large.- By Gary Newman |
- 17 August 2023, 12:27 |
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Tremor International – interims emphasise “improvement”, but why then are they shaking the share price?…
Describing itself as “a global leader in data-driven video and connected tv advertising technology”, Tremor International (TRMR) has announced half year financial results emphasising “adjusted EBITDA significantly rebounded by 137%, and adjusted EBITDA margin doubled, in Q2 2023 compared to Q1 2023; company expects further improvement to adjusted EBITDA and adjusted EBITDA margin in H2 2023 vs. H1 2023”. So what of a current share price response materially lower to below 200p?- By Steve Moore |
- 17 August 2023, 10:45 |
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Ariana – Very Good Gold Production News
AIM-listed Gold producer in Turkey, Ariana Resources (AAU) announced half year production results from its 23.5% owned Kiziltepe mine yesterday. Happily, it was all good and we are reminded that Ariana’s second mine at Tavsan is on course for production in the first half of next year.- By Nigel Somerville |
- 17 August 2023, 08:37 |
BREAKING SHOCKER: TruSpine Sanctioned As Aquis Shows Oxymorons How To Do It
Aquis-lobster-potted comedy shit-show TruSpine(TSP) has been publicly censured and fined by the Exchange for a series of breaches covered here on this website, and a few more besides. The report issued yesterday - which can be read HERE - is utterly devastating, and a lesson to the Oxymorons at AIM.- By Nigel Somerville |
- 17 August 2023, 08:00 |
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Are you coming to Sharestock this September 23 – now just ELEVEN tickets left
Chef Vijay has finally sent over the lunch menu, Matt Earl has booked into his hotel, I’m starting to work on a short big short call presentation, Sharestock is now just 38 days away and there are now just 11 tickets left for the day so if you want to come this year, book your seat now HERE- By Tom Winnifrith |
- 16 August 2023, 16:23 |
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Concurrent Technologies – conditional acquisition agreement, how significantly will it ‘progress the company’s strategic ambitions’?
Describing itself as “a world leading specialist in the design and manufacture of high-end embedded computer solutions for critical applications”, Concurrent Technologies (CNC) is “pleased to announce” a conditional $3.375 million acquisition agreement, including $1.5 million in shares, which it believes “will progress the company's strategic ambitions in the Systems market, a market comprising of computer systems designed to operate in harsh and demanding environments typically including military, aerospace and industrial uses, and anticipated to be valued at c.US$6.9 billion by 2033”. Hmmm, ramptastic?- By Steve Moore |
- 16 August 2023, 16:23 |
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Why I want to buy more shares in the hassle-free supplies company Essentra
I have shared with you before that I am a big fan of Essentra (ESNT), and its vision “to be the world’s leading responsible hassle-free supplier of essential industrial components”. I know that sounds a bit boring, but it is kind of striking and useful especially as the company is hoping to double its revenue and triple its operating profit over the rest of the decade (or so).
- By Chris Bailey |
- 16 August 2023, 15:32 |
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Tom Winnifrith Bearcast: for Catriona & Matthew's Dog: FECK YOU BILL GATES
I start with IT issues which see the Kerim Sener interview delayed. My language and mood is foul. In the podcast I discuss Ariana Resources (AAU), Canadian Overseas Petroleum (COPL), Verditek (VDTK) and, in some detail, Tern (TERN), predicted NAV by Christmas sub 3p, target price by the start of 2024, 2p.- By Tom Winnifrith |
- 16 August 2023, 14:22 |
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Gattaca – states adjusted profit before tax “ahead of expectations”, but what about the outlook?
'STEM' skillsets staffing company Gattaca (GATC) has issued a trading update including that it “expects to report continuing underlying PBT of £2.5m for FY23, ahead of expectations… intends to recommend a full year dividend in line with its policy of 2.5p per share, accompanied by a one-off special dividend of 2.5p per share… intends to launch a new share buyback programme with the intention of returning up to £0.5m”. With also the shares currently up to 103.5p, good news then?- By Steve Moore |
- 16 August 2023, 14:19 |
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Tern Calamitous Interims – Is The Fat Lady Warming Up?
AIM-listed jam-tomorrow IoT investment company Tern plc (TERN) released its interim results to June 30 this morning and they are truly shocking. The shares are already off by 12.5% but there is much more to come as investors realise the scale of the incoming cash-crisis and what that might entail.- By Nigel Somerville |
- 16 August 2023, 11:05 |
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Calnex Solutions – AGM Statement, how confident to be of results in line with market expectations?
Telecommunications test and measurement company Calnex Solutions (CLX) has issued an AGM Statement including that customers “engagement levels remain high… Indicators across the wider industry also point to a cautiously improving outlook. The board remains confident in the delivery of results for the year in line with current market expectations… and… that the market's structural growth drivers will continue to drive long-term growth opportunities”. So what of a current 135.5p share price, down from approaching 200p early this year?- By Steve Moore |
- 16 August 2023, 11:05 |
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Ashington Innovations – Jason Drummond taking the piss
Ashington Innovations (ASHI) managed to float on the sub Standard List just over two months ago on the anniversary of D day. It says that it is a SPAC looking to do a deal in technology. The prospectus is a shocker.- By Tom Winnifrith |
- 16 August 2023, 08:39 |
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EXPOSE: Canadian Overseas – this is what it does not want its dumb shareholders seeing
Yesterday’s Q2 RNS from Canadian Overseas Petroleum (COPL) , as usual, was abridged and missed out all sorts of nasties. The key one from the SEDAR filing is, as I predicted HERE, an explicit warning that Canadian needs to raise even more money to avoid going bust as it is still consuming cash and will carry on doing so. Given that it is drowning in debt that will be hard. The warning, in its SEDAR filing, states:- By Tom Winnifrith |
- 16 August 2023, 08:13 |
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If you have 11 minutes and 28 seconds to kill and a sick bag handy…
Hydrogen Utopia (HUI) is running on vapours and urgently needs a fund raise in order to avoid crash landing in tits up alley. Some serious ramping is needed and cometh the day cometh the man…- By Tom Winnifrith |
- 16 August 2023, 08:13 |
What Do the Just William Books Have in Common with this Financial Wizard? Success.
Hello Share Fanciers. When I was eleven, get out your ancient history almanacs, a lad of the same age was all the rage on the literary front. The first of zillions of Richmal Compton books was called 'Just William', which may have been the inspiration for today’s choice of Just Group (JUST). Oh well, probably not. But I have to spark your interest somehow.- By Malcolm Stacey |
- 16 August 2023, 08:12 |