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Latest News

BLND

British Land Seems Undervalued and Might Be Worth Building On

Hello, Share Cinchers. It’s been a while since I last commended British Land (BLND) to you. I don’t regret that, though the share was falling at the time and has yet to really rebound. The company deals in what they are not making any more of and it owns it around the UK, including where it’s most costly: London.

NYO
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Nyota - shamed Nomad & Broker Quit but Winnileaks suggests they are not telling you everything

The Nomad and broker to AIM Casino listed Nyota Minerals (NYO) have today announced that they will cease to act as of August 17. So Nyota has one month from then to get new advisers or its shares will be booted off the market. Nyota may well be a worthless bag of shit but it is what the Nomad, disgraced scumbags Beaumont Cornish, and broker Peterhouse Corporate Finance are NOT telling you that is the real scandal.

AFN

ADVFN does not want to take money from neo paedophiles - well done

I flagged up a while back how some neo-nonce made inappropriate comments on the ADVFN Bulletin Board about my daughter turning 16 - see HERE. What amazed me were the comments that appeared elsewhere suggesting that - as with death threats received - "while there is no excuse for this , you do ask for it." Truly some folks are morally bankrupt. But not ADVFN.

AVO
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Advanced Oncotherapy now just 10p to sell. When will Bracknor walk – or has it already?

Cynical Bear wonders whether there might be a read across to AIM-listed Advanced Oncotherapy (AVO) from today’s news from suspended-pending-clarification Kin Group (KIN) in the wake of its announcement that its funding partner had walked because the share price had fallen so far. Certainly, given the cash-back situation for any loan note conversion by Bracknor into Advanced shares there looks to be a point at which the situation breaks down..

EVRH

EVR Holdings: Where’s the bloody app – is this just a warrant exercise vehicle?

A couple of people have asked me for my views since I called the top for EVR Holdings (EVRH) a few months back HERE, following the recent Microsoft and Sony announcements. Well, the more interesting news to me is a recent interview by the CEO with Music Ally (HERE) which hints at further delays, presumably as it’s taking longer than envisaged for all the connected guys to sell their warrants! Let me explain.

KIN
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Kin Group – on the verge of ‘kin disaster as shares suspended. You were warned…

On 15th May the renamed from Fitbug Holdings, Kin Group (KIN) was “pleased to announce that it has secured up to £1.125 million (before expenses) of additional funding”. I bet it was – as I noted this bailout funding, with also amongst the conditions “the closing bid price of the company's ordinary shares (as reported by Bloomberg) not being below £0.001 (0.1 pence) for any five consecutive trading days on or prior to the relevant issue date” and concluding it remains bargepole ahoy. The shares had now slid towards 0.05p – and there’s a “Statement re. Suspension” announcement. Uh oh…

KEFI
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Kefi - Project Funding for Tulu Kapi secured: game on! BUY

To those who sold we could say "oh ye of little faith" but we cannot entirely blame you, Kefi Minerals (KEFI) has taken a good while to deliver but it has now done so in spades. The company has announced that it has signed terms for $135 million of project funding with Oryx Management Limited to finance and operate all the on-site infrastructure at the Company's Tulu Kapi Gold Project in Ethiopia. The planned financing package also includes funding finance charges during a 30-month construction and production ramp-up period. Game on!

AFPO
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Sheer Comedy from the African Potash fraud and London's most morally bankrupt adviser Alexander David

When African Potash (AFPO) goes bust and its boss lyin' Chris Cleverley has to look for another job he should have a crack at comedy. His release at no-one is watching O'Clock yesterday was pure genius.

IGE

Image Scan – on back of “Trading Update” announcement, shares biggest risers. Justified?

Shares in Image Scan Holdings (IGE) were the biggest risers in London yesterday – up more than 40% to 6.625p on the back of a “Trading Update” announcement…

WIN

Wincanton's Softened Share Price May Be a WIN-ner for You

Hello Share Swivellers. Wincanton (WIN) is not a horse racing set-up, but a haulier and warehouse provider. Doesn’t sound too exciting, until you realise how much modern retailers rely on somewhere to put their stuff before they sell it over the internet.

PIM
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Plant Impact – following share slump from 35p on Friday… Potential Capital Raise at 31p. Over to blink-182…

Following a far from routine “Third Quarter Trading Update” last month which saw shares in Plant Impact (PIM) slide, they recently looked to have stabilised at around 35p – that was until Friday when they strangely slumped to sub 30p. Or is that now ‘strangely… until today’?...

AVO
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Advanced Oncotherapy - is that the whiff of panic I smell at death spiral provider Bracknor?

Shares in Advanced Oncotherapy (AVO ) are again tumbling on this fine summer's day. Oh what joy it is to be alive. 350p at peak ramp less than two years ago, they are now just 10.75p to sell. Ouch, I just love the smell of burning share certificates belonging to Bulletin Board Morons in the morning. So what crisis looms? Take your pick.

ADL
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Andalas - the Neville Chamberlain of the AIM casino: placing ahoy

I have in my hand a little piece of paper which means peace in our time said Andalas (ADL) boss Dave "the rule breaker" Whitby as he announced yet another great deal for his company. But like all the other pieces of paper that he has waved in front of his labotomised army of groupies led by cardboard box dwelling sheep shagger Justin the Clown, it is just a worthless piece of paper - just like an Andalas share certificate. Hat tip to Brokerman Dan for that joke.

Beggar-Stockbroker

On Borrowed Time

There are a number of things you don’t want to hear a central banker say. One of these was recently spoken by Janet Yellen when she said “I don’t believe we will see another financial crisis in our lifetime.” That has to be up there with Irving Fisher’s seminal observation of 17 October 1929 when he said "Stock prices have reached what looks like a permanently high plateau" or John Maynard Keynes’ equally adept forecast from 1927 that "We will not have any more crashes in our time." We are in the Mother of all bubbles and in relation to equity and bond markets we can define these bubbles by longevity (how long has the Bull Run lasted), or valuation (how expensive is the market now).

PROX

Proxama – new agreement announcements now being seen through?

Proxama (PROX) has announced an “important” partnership agreement with Rail Delivery Group, a group which brings together train operators and Network Rail. The shares have currently though responded to see them amongst the biggest fallers on the day…

Oil-Rig

Wanna buy shares at 11 cents when a £3.50 bid has been tabled? Welcome to the crazy world of Africa New Energies

Back in February 2017 I was contacted by a private company Africa New Energies asking if I wanted to buy shares in a placing at 11 cents. Since the company is run by Stephen Larkin, a man who takes advice from loathsome Richard "Gollum" Gill I was nor rushing to sign up. But then I was told, but we are going to be taken over soon at 350p per share a bid has been tabled! Er... so is this placing not sort of insider dealing I asked?

FHP
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Fandango Holdings: Give me strength – an absolute shoe-in to the Sub-Standard Shockers XI squad

My heart sunk last week as I noted that the Plutus Powergen (PPG) boys were at it again with their third Sub-Standard List effort coming to the market in just over a year, despite the first two efforts being absolute flops. Oh well, welcome Fandango Holdings (FHP), you’re in the squad– let’s take a look.

GIPO
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AIM-China Grand Group – oh dear, now the Chairman walks. Get out!

AIM-China investment company Grand Group (GIPO) has announced the departure of its Chairman. It may not formally be one of our Filthy Forty, but it sure is doing its best to make the grade.

GBO

New Bulletin Board Moron of the week PRIZE contest sponsored byRoger Lawson

Today's the day that African Potash gets slung from the NEX markets or has the rules bent for them, so in normal circumstances it would sponsor this week's contest. But there is an even better sponsor, step forward  Roger Lawson of ShareSoc  who will donate some of the Globo shares he owns as a prize.  Natch, Lawson sold most of his Globo shares before telling readers to sell, but he still has some left and even offered to help the management take the company forward.

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