From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Latest News

GMD
premium content

GAME Digital – hopefully prior warnings heeded, “substantially below” profit warning...

Having previously, early this year, concluded on GAME Digital (GMD) it early days in the ‘diversification’ and I continue to consider it far from certain that there is a sustainable proposition here; avoid/sell, I note a “Trading Update” announcement from the company today...

RRR
premium content

Not all alternative financings are death spirals - the case of Red Rock Resources

The other day Red Rock Resources (RRR) announced a deal to fund the Steelmin smelter in Bosnia which involved some alternative financing from Yorkville. At once the critics of boss Andrew Bell - of whom there are more than a few - screamed "death spiral, dilution, the man hads gone mad." A few critics disagreed, arguing that Bell had always been mad. But perhaps before leaping to conclusions it is worth looking atnthe actual structure of the deal?

HUR
premium content

Hurricane deal disappoints investors, but is it really that bad?

Hurricane Energy (HUR) is a company that I have followed closely, and have been invested in at various times, since it first floated on the AIM market, and it has come a long way since then.

NWIG

F40 Northwest Investment Group – the investment company which doesn’t invest: FY16 numbers

And so another year passes and ShareProphets AIM-China Filthy Forty investment company which doesn’t invest, Northwest Investment Group (NWIG), racks another year’s loss and still not a single investment. That’ll be six and a half years to the balance sheet date, and 7 to the current date. Meanwhile the £3 million raised is down to….

MSG
premium content

Milestone Group PLC – How long before it must call in the administrators?

Milestone’s (MSG) interim results today were truly appalling as it racked up a loss of £1.1 million. The statement about the "progress" of its range of sub scale crap businesses is - as ever - upbeat. Read the words and you think this company must have done brilliantly. And then you look at the P&L buried beneath the acres of spin and you see that sales in the six months to March 31 2017 were just £22, 237. Down by 56% on the prior year and just pitiful. The ice cream van parked in my street just now generates more sales than this POS which has no right to be on the AIM Casino at all. It gets worse...

CNEL
premium content

F40 China New FY16 numbers: headlines good, details are another matter

ShareProphets AIM-China Filthy 40 play China New Energy (CNEL) posted its FY16 numbers this morning. On the face of it a profit of RMB 3.6 million (about £400,000) reads well, but a look at  balance sheet suggests that as ever we are on the cusp of a placing, and what about those receivables?

WSG

Westminster Group – shares bounce on AGM Statement, but what operational progress is there?

Having recently again been in retreat, shares in Westminster Group (WSG) have risen approaching 20%, towards 16p, on the back of an AGM update. With I having concluded cautiously a few months ago, what developments have caused the bounce?...

AAA

F40 – All Asia FY16 numbers: way overvalued

I haven’t covered ShareProphets AIM-China Filthy Forty All Asia Asset Capital (AAA) much before its shocking contender for most expensive loan on AIM, but since our list is now only 13 members long, and with an 'interesting' disposal to record now seems as good a time as any to take a peek. And so, with the Chairman pleased to present the results… (and the shares down by 30%)...

ESG

eServGlobal – interims argue “strong outlook” & Homesend “sales expansion”, but what about the financials?

eServGlobal (ESG) has announced results for its half year ended 30th April 2017 including “a strong outlook for the year” for the core business and that the Homesend joint venture payment hub “is experiencing a sales expansion which it expects to become more significant across the remainder of 2017”. So why do the shares remain sub 6p, well down from more than 8p reached earlier this year?...

CSP

You Might Want to Follow Some Big Investors into the Bouncy Builder that is Countryside

Hello Share Tracers. In light of signals that the government may soon relax the purse strings, influenced by public demand, let’s take another look at Countryside Properties (CSP).

UTW
premium content

Utilitywise – it was wise to red flag, as (Utility)unwise energy consumption projections see the shares crash

Previously writing on Utilitywise (UTW), I concluded continue to avoid as the shares recovered a bit from sub 130p - Flattery from the company for Brendan, but will he be able to rectify the red flags ahoy? There is today a “Projected under-consumption of energy contracts” announcement – and the shares are currently crashing below 80p…

Bear
premium content

Patriotism is the last refuge of the scoundrel or the crony capitalist - stockmarket boss wants clampdown on short sellers

We all know that stockmarkets are rigged and that fraud is endemic. So what is the answer? Natch. Clamp down on short sellers. That is the answer those who benefit from the scams such as Stockmarket bosses, as well as those who lose like Bulletin Board Morons, always come up with. What short sellers do is immoral. In fact it is down right unpatriotic. You could not make this nonsense up. But as the excellent article below from a website you must start reading ( www.Wolfstreet.com ) shows, we already live in this parallel universe.

SMDS

I just want to say one word to you: Packaging

Fans of The Graduate will recognise the form, if not the precise wording of the title. Life has thankfully moved on from the 1960s and in today’s world of internet delivery and crowded consumer choice, packaging matters from both a practical and differentiating perspective.

CUBA
premium content

David Lenigas on Drugs - Big Dave gets into the legalised weed game

Legalised cannabis is right up there with The Internet of Things and Blockchain Technology as "hot" stockmarket promotes right now. Anyone who wants to grab the interest of investors, especially Stateside, is getting into the pot game. Cometh the day, cometh the man... step forward Big Dave Lenigas.

Gold
premium content

July Is Going to be Very Ugly for Gold & Gold Stocks

This is not the normal fare from gold bulls Palisade Capital. The firm's technical analyst Jordan Roy Byrne is uber bearish warning that July will be awful for both gold and gold stocks. Watch the latest video from Jordan, for a TA saddo he is better than most. All we need now is the Sith Lord Zak Mir saying that the charts look bullish and the bear case would be complete.

Bear
premium content

Terry Smith vs Andrew Monk - will it be different this time?

Base rates are going to stay low forever so current (inflated) equity market valuations are justifiable. In other words "it will be different this time". I don't believe that and neither does Andrew Monk of VSA. But the great Terry Smith argues it might be...who are we to argue with Terry? 

AFG
premium content

China fraud Aquatic Foods – still can’t get the cash out of China, no results = SUSPENDED

Well there’s a thing: ShareProphets AIM-China Filthy Forty stock Aquatic Foods Group (AFG) is still having trouble remitting funds from China resulting in the delay of payments to a number of parties whose assistance is required for the finalisation of the audited accounts. In short, the company can’t pay its bills and the shares have been suspended. 

CRAW

Crawshaw – argues “pleased with the progress we've made”, so why are the shares lower?

An “AGM Trading and Strategic Update” announcement from fresh meat and food-to-go retailer, Crawshaw (CRAW) includes that “we are pleased with the progress we've made” and “the trading performance of the business continues to be stable following the improvement in like-for-like sales from the initiatives introduced throughout the estate”. The shares have responded to the announcement… approaching 14% lower, to 25p! Hmmm…

CRL

One of My Most Tipped Shares, Creightons is now a more than 30-bagger. And that's Not a Typo.

Hello Share Smatterers. If anyone ever berates you for risking your money on penny shares, you might want to tell them the following tale.

Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

Most Read in the Past Seven Days

That Was the Week that Was

 

ANP

Anpario – a recovery Buy?...

Thursday »

Cat_Fixing_Lightbulb

Bearcast issue update: all should be well

 

ORCP

Oracle Power: Cynical Foul

Time left: 17:20:08