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WHI
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Pensioner muggers WH Ireland - does it have an ethical bone in its body?

You will remember the case of poor Mr Bagot, an elderly client of WH Ireland (WHI) who had his life saving stuffed into a range of utterly inappropriate penny stocks, many of them corporate clients. Mr Bagot has got a bit of his money back but not most. He fights on. Mr Bagot has this update:

Newsboy

Notes from Underground: The Teddy Bears picnic

ShareProphets readership increases every week - we can tell because we're a registration site and if you unsubscribe, you are kicked off the site. We don't have a dead subscription list like other, lesser, sites.

Bearcast
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Tom Winnifrith Bearcast: What is a Cloudtag moron & the great EU blow-up we are missing

For the nth time not all Cloudtag (CTAG) shareholders are morons. But some are. I discuss how one defines a moron but also responding to "Rachael" I discuss why my combative style is needed and will not be changing. It cannot be an excuse for some of the things that have gone on. Yesterday's Cloudtag moron has now noticed my wife is of Indian origin and is emailing me accordingly. Then I look at the EU. The issue is not Wilders or Le Pen but economics and I present some data that will truly scare you. The can cannot be kicked down the road forever.

IGAS
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Final Thoughts on the Disgraceful IGAS Debacle. Lest We Forget

As the sordid story of IGas (IGAS) reaches its conclusion with massive destruction of value for its shareholders, let us not forget a deceitful and misleading chain of events, approved by Sarah Hale then at NOMAD Jeffries and completely unpunished by the AIM regulators.

CTAG
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Bulletin Board Moron of the Year - or is this parody? (Cloudtag Natch)

Not to be confused with our in-house loon Wildes, Wiids posts on the LSE Asylum and is long and strong Cloudtag (CTAG). This post may be an attempt at parody but the insanity of the long & strong Cloudtag loons is beyond satire. Who knows. Anyhow from last week this is potentially an early winner of Bulletin Board Moron of the Year:

Bear
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Paddington Bear announces his ShareProphets Return - major new UK short Monday

I am sharpening my claws and preparing to return to the fray as a contributor to this esteemed website: well, once I finish my marmalade sandwich. What is it that has brought me back you might ask? It is a confluence of factors:

WRN
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The Worthington comedy continues: Flagship sunk but there’s definitely a Plan D….probably

It’s going to be a sad day when the Worthington (WRN) and Newco saga finally comes to a sorry end as it is comedy gold and Aidan Earley’s latest offering doesn’t disappoint. I thought I’d set out the full “announcement” that came out on Thursday with my commentary.

EVRH
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EVR Holdings - valuation insanity writ large

As the well-known saying goes, turnover is vanity, profit is sanity but cash is king!  How then, should you refer to a company that displays either zero or negative for all three?  Welcome to the fantasy world of EVR Holdings (EVRH), the holding company for buzz-word bingo business MelodyVR.

RCN

Table of shorted AIM shares - week to 17/03/2017

From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2016 and thus far in 2017 (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...

Crash
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Could the Wall Street Crash Happen Again? And If so, Will it Come Soon?

Hello Share Tusslers. The majority of private shareholders at the UK Investor Show at Westminster in a couple of weeks’ time will be sitting on huge gains over the year. They will be in a jollier mood than we’ve seen them in a long time.

Bearcast
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Tom Winnifrith Bearcast: Bob Diamond Panmure Gordon & a crap industry

I have been greatly distracted not least dealing with this utterly brain dead and vile Cloudtag (CTAG) shareholder who has been spamming me with the most ghastly abuse all day. I look at the Bob Diamond bid for Panmure Gordon (PMR) and what it means for the wider broking/corporate advisory sector. I then turn to Premaitha (NIPT) and the wider issue of the pointlessness of commissioned research. I touch on Management Resource Solutions (MRS) in light of the news earlier HERE but now the way it is really trying to screw shareholders with a 5p placing. There is comment on Jubilee Platinum (JLP). Then it is back to two old favourites: Advanced Oncotherapy (AVO) and Milestone (MSG). Woof Woof.

CYAN
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CyanConnode – ANOTHER funding!, just how frequently does it require support on ‘journey to commercialisation’?

CyanConnode (CYAN) is “pleased to announce” a successful equity raise of 1,906,912,392 new shares at 0.17p each. Hang on, haven’t I already heard similar since previously reviewing in August?...

STEL
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Stellar Diamonds fools Digital Look with diamond discovery - it should be ashamed

The roll call of shame on today's RNS from Stellar Diamonds: Nomad Cairn Financial (Emma Earl, that name rings a bell), Broker Beaufort Securities (Jon Bellis), joint broker Peterhouse Corporate Finance (Martin Lampshire), Financial Advisers Mirabaud (Rory Scott), Pr St Brides ( Lottie Brocklehurst). The headline is "709 Carat Diamond Discovered in Sierra Leone." Fuck me: where do I buy Stellar shares? These guys have just discovered the 13th biggest diamond in the country's history. Fuck me again - where is my fucking stockbroker? Oh er hang on...

IKA

Ilika – CEO argues “growing confidence in our licensing model”, but in reality it’s forecasts slashed

Self-described “pioneer in materials innovation and solid-state battery technology”, Ilika (IKA) has followed recent “Toyota Funds Collaboration with Ilika” and “Collaboration with Galvani Bioelectronics” announcements with a “Trading update” commencing with that such deals “are resulting in a strong ramp-up of revenue relative to 2015/16”. Good, good… You what? The shares currently down circa 15%, approaching 40p?!?...

MRS
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Doubley Disgraced Murray D'Almeida departs the AIM Casino but keeps leaching funds, his lawyers still under SRA investigation: ouzo time

Having helped steer Beacon Hill Resources (BHR) onto the rocks and signing off on the infamous hairdresser share trade I am delighted to see that loathsome Murray D'Almeida was now come a cropper a second time on AIM, leaving the board of Management Resources Solutions (MRS) with immediate effect today. He jumped before he was pushed. But hang on, all is not what it seems.

POG

About bloody time ...good news from Petropavlovsk: buy

Petropavlovsk (POG) has updated on its pressure oxidation hub development, with construction activities having fully resumed following bank debt refinancing.

IGAS
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Igas – hats off to the board

I never thought I’d be saying this, but it is hats off the to the board which looks to have saved the company. This morning AIM-listed Igas Energy (IGAS) updated on its rescue refinancing and it looks to be a done deal. Shareholders will be feeling the pain, but as we have continually warned as the share price declined this was an inevitable consequence of the financial predicament in which the company found itself, the legacy of the Andrew “Piggy” Austin era. 

Madness
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LSE Asylum – the financial crisis is actually far worse than we previously indicated: where's the Fat Lady?

A couple of days ago I noted how the London South East Bulletin Board ( aka the LSE Asylum) appeared to be heading towards insolvency - HERE. It is the fate which, almost, invariably happens to companies that hire Zak, the Sith Lord, Mir. For Judas is also Jonah. And now a closer examination of its historic numbers shows that the crisis may be far worse than even we thought. Timber!!!!!

BLVN
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Crown Ocean calls second GM at Bowleven to change the board - again: chairman Allan MUST GO NOW!

This is not the fault of Crown Ocean but of the bastards who have been grossly overpaid for destroying value at Bowleven (BLVN) - the team let by piggy in chief Kevin Hart. As I reported yesterday, disgraced CEO Hart may have been booted off the board by shareholders but he remains as CEO and is still running the company on full ( unjustifiable) pay. This is because Crown has 2 directors but the old regime still has two men on the board and the casting vote with chairman Mr Allan. Thus there is no change of personnel at Bowleven or of strategy. This really is a disgraceful way for directors to treat the folks who own the company - shareholders.

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Bearcast issue update: all should be well

 

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Oracle Power: Cynical Foul

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