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RKH

Table of shorted AIM shares - to 02/03/2017

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...

BOOM

Audioboom – claims “impressive KPI performance”, but what about cash?

Shares in spoken-word audio platform company Audioboom (BOOM) are currently recovering above 3p on the back of a “First Quarter KPI Update” announcement. Hmmm, let’s take a look…

Bearcast
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Tom Winnifrith Bearcast - naughty naughty naughty Paul Scott - lets set the record straight

I felt the need for a mid afternoon nap after a draining twitter exchange with Britain's top share blogger Paul Scott in which he lambasted me for what he thought I said about his calls on TrakM8 (TRAK) in an article he admitted that he had not actually read. Suffice to say he was barking up the wrong tree. I set the record straight  and look again at TrakM8 and why Paul would be wrong to buy back in on the day my original analysis was 100% vindicated - as you can see HERE. I look at Blenheim Natural Resources (BNR) and issue dire warnings. I wonder what is up at Cloudbuy (CBUY). I refer to my postcard on my own website which has just gone up. When is a foreigner not a foreigner and the silliest Guardian reading remoaning bitch in Britain HERE

SRON
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Buy Saffron Energy at up to 7p - target to sell 12p within months (or weeks)

We should declare that certain team members have invested in this IPO at 5p The IPO was last week and we tipped the stock on its first day of dealings. The shares are now 7p-7.5p - we do not expect any retracement but if there is and you can buy at 7p or less do so big time. We expect to be advising folks to be banking profits at 12p within weeks. Our tip as of last week reads:

IGP

Intercede – following a bullish January announcement, now blames ‘The Donald’ for another profit warning ahoy!

Having previously gone from “well positioned for future growth” to trading “below expectations” in just over 3 months, cybersecurity group Intercede (IGP) has now followed a January announcement of a record $3 million order (“demonstrates that Intercede continues to win orders for its MyID technology platform in spite of the continuing budget constraints within the US Government”) with that “the order book as of 2 March 2017 indicates that, unless further orders are received that can be recognised as revenue in the current period, the revenue outturn for the financial year ending 31 March 2017 will be approximately £8 million”. Uh oh…

Madness

Tulip mania/south sea bubble – Snap IPO

Snap, the parent company of Snapchat Inc, floated yesterday on the New York Stock Exchange giving the company a closing valuation of just over $28 billion, after the shares surged 44% from the IPO price. It will also made its two founders, Evan Spiegel and Bobby Murphy, worth more than $5 billion each. The stock closed at $24.48, giving the company a market value of $28.3 billion. At one point it reached $26.05 and a market value of $29.1 billion. The company raised $3.4 billion at $17 a share after pricing its initial public offering making it the biggest tech float since 2014, when Alibaba shattered all records. It is almost three times the size of Twitter, bigger than both HP and CBS, and almost as big as EBay.

TRAK
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Crack out the ouzo, 100% vindication as TrakM8 bailout placing gets underway, investor misinformation confirmed

This morning, after a series of profits warnings, AIM uber dog TrakM8 (TRAK) has announced that there is a bookbuild underway on a £1.66 million bailout placing at just 65p. The shares are now 67p bid so you'd be a moron to participate but conversations are being had between institutional morons and hapless broker FinnCap right now, not withstanding the fact that today's statement lays bare the Nov 28 interim statement as 100% misleading.

BVC

BATM – March 2017 announcement of “delay in revenue” (& profit warning) for 2016!?!...

Earlier this week, BATM Advanced Communications (BVC) announced “an update on trading for the year ended 31 December 2016”. This includes notice of “certain expected revenue streams falling outside of the period”. And this hasn’t been announced until March 2017?!?...

UJO

Union Jack Placing, Hmmmm - Buy

So another keep the lights on placing eh? As it happens no although the market has (wrongly) taken it that way. Union Jack Oil (UJO) already had a comfortable cash balance. So why raise a gross £1.4 million at 0.135p?

RBS

You Might Want to Take the High Road to that Scottish Bank Again

Hello Share Trundlers. It’s only with extreme caution that I commend any British banks to your eagle eye, having lost a stack of my own money on them even since 2007. But I am rather more hopeful about all of the big British ones now.

Bearcast
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Tom Winnifrith Bonus Bearcast: FastForward you are talking out of your arse

FastForward (FFWD), in which my good friend Jim Mellon has a material interest, has announced a disposal today claiming a 112% profit on its trade. It is talking out of its arse as it pumps ahead of a much needed placing as I explain in this bonus podcast.

IND

IndigoVision – 2016 results, a speculative buy?

Previously writing on networked video security systems group IndigoVision (IND) late last year, I concluded that further trading and financial comfort was required. I now note the shares currently on the rise on the back of results for the 2016 calendar year…

SEV
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Servision: House broker says Spec Buy - shares tumble agin - this smells all horribly wrong

The odour coming out of long term AIM cash guzzling hound Servision (SEV) grows stronger by the day. I sense that this is going to blow up badly and when it does you do not want to be owning the shares. There is something very odd going on. Today's intervention sees house broker Beaufort pushing the stock as a speculative buy. The shares have fallen by 8% and we will come to the, er.... not very good, note later.

Tom
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Donate to Rupert Williams' daughter's run against cancer

As stockbrokers go Rupert Wiliams is not a bad chap. He is younger than me and has been plagued with cancer. He seems to be on the mend but it has been tough. His daughter is doing a run in July to raise money for the fight aganst cancer. I have handed over a few quid and if you feel inclined you can read about Lottie and also do so here

CICG
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CIC Gold - Ooops the Boy Scout Mugger did it again

Oooops I did it again, said the boy scout mugger Stuart Bromley. Anmther day and another fuck up at Standard List posterboy CIC Gold (CICG), shares in which have been suspended since Novemver 3 2015 as it pursued an all paper RTO of a worthless brown field gold explorer Gobi.

AVN
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The Worst Research Note of the Year to date? Edison on worthless Avanti Communications

Employer of convicted felon, the cop mugger champagne Charlie Gibson, investment prostitutes Edison will publish bullish research notes and interviews with any company as long as they dip into their shareholders' funds. The interview with the bombastic prick David Williams who earns a seven figure wedge for running Avanti Communications (AVN) into the ground last summer ( see HERE) was a classic of its genre. Today Edison has published a note saying Avanti shares are worth 109p. The market thinks the report is worthless bog-paper and the shares are down by almost 10% at just 14.875p.

MLIN

Molins – 2016 results, argues “confident” so why are the shares down?

An early this year recovery in shares in Molins (MLIN) is currently continuing to reverse on the back of its announcement of results for the 2016 calendar year…

China Flag

China Debt Timebomb or Red Herring, the Monkey explains

I reckon China is a debt time-bomb waiting to go off and burst the bubble. Andrew Monk of VSA Resources is a China bull but he addresses this issue in a fascinating note emailed to his clients this morning. Over to the Monkey...

Bearcast
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Tom Winnifrith Bearcast: Plutus Powergen was doomed when its boss said he liked my work

An early bearcast as, much to the dread of my morbidly obese three legged cat Oakley, we are about to suffer an invasion of the working classes. Of course praising my work was not the biggest sin of Plutus Powergen (PPG), that was its oink on rebasing of options and bonuses. But now it has a bigger problem, OFGEM and I reckon it has every reason to be worried. Then I look at 88 Energy (88E) suspended in Oz but not on AIM ahead of a placing. Then it is on to Amur (AMC) again and to Avanti Coms (AVN) whose shares are just 14,5p. That is 14.5p too high. Finally a long look at changes in retail and what that means for us all. That is based on a Wolf Street article HERE.  I also refer to the series I am running on my 1970s childhood in rural Northants HERE. Gosh the world changes rapidly.

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