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Bearcast
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Tom Winnifrith Bearcast: Cornhill fined over New World Scandal but the real villains escape

Sorry this is so late. I am meant to be taking a few days off with the Mrs and Joshua but I am also feeling very much under the weather. Better late than never here is my take on how the LSE has fined broker Cornhill £300,000 over the New World Oil & Gas (NEW) scandal. Where does this leave Cornhill? What about other brokers? The real issue is that the real villain of this tale, of which criminal Chris Oil was just one, appear to have got off Scot free

NGR

Nature Group – Sale of Gibraltar operations sparks shares, but what of trading?

Previously writing on another ludicrous results statement from Nature Group (NGR), I noted ‘we’ll see on the loss-making Gibraltar entity (“held for sale” net assets on the balance sheet £0.79 million)’. Today there is a “Sale of Gibraltar Operations” announcement, though which also includes a trading update…

DIS

Distil – update on Q3 trading statement as shares soar

Shares in alcohol drinks brands owner Distil (DIS) are currently 26% higher, at 1.45p, on the back of a “Trading update” announcement emphasising “excellent progress” in the company’s most important trading period…

HOTC

Hotel Chocolat – argues ‘performed well’, but what about on a like-for-like basis?

Chocolatier and retailer Hotel Chocolat (HOTC) has updated that it ‘performed well’ in a trading statement for the 13 weeks ended 25th December 2016, with adjusted revenue 14.6% ahead. What about like-for-like performance though?...

CTAG
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CloudTag – predictably another conversion by L1, but now warrants being exercised too

This morning AIM-listed CloudTag (CTAG) has announced, predictably enough, another loan note conversion by L1. But in what looks to be a bit of a surprise move, L1 has also elected to start on the warrants too, despite there still being loan notes outstanding. But oh dear, what about the dates…..

TEA
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Teathers releases Annual Results: where has all the money gone?

Formerly AIM-listed Teathers Financial (TEA) has released numbers for the year to 31 October 2016. They are truly shocking. In its year to October 2015 the group balance sheet sported a net assets value of about £800,000 having raised just over £1 million in the year. That is pretty bad. But as at 31 October 2016 (having raised no further cash) net assets came in at about just under £70,000 with just £658 in the bank. Where did it all go?

AHT

So Long Ashtead. Your Last Share Hike Led Me to Take Hefty Profits

Hello Share Movers. After a long and happy relationship, I’ve dumped all this family’s shares in the tool and plant hire company Ashtead (AHT). There are fair reasons, I feel. Though they are nothing to do with the company itself.

GOAL

Goals Soccer Centres – claims “turned the corner”, but sales only “broadly in-line”…

Having asked in September if recovery was well underway at Goals Soccer Centres (GOAL), I note a “Post Close Trading Update” announcement from the company…

PURE

PureCircle - sell the rally

Purecircle (PURE), the purveyor of stevia products (plant based sugar substitutes) warned on January 5th that first half results for the six months to 31 Dec 2016 were likely to crash into a loss from last years $5 million profit.

GRA

Grafenia – “delighted” to announce acquisition, but it looks no panacea to recent woe

Printing company Grafenia (GRA) is “delighted” to announce an acquisition of Liverpool-based Arthur Diamond Design (ADD Signs), seeing it as a first step of “ambitious plans”. Hmmm…

Bear

If 2017 is going to be like 1932 or 1979, then you not only have to change your portfolio you have to...

Reforming the very nature of capitalism will be needed to combat the growing appeal of populist political movements around the world, the World Economic Forum said on Wednesday. Getting higher economic growth, it added, is necessary but insufficient to heal the fractures in society that were evident in the election of Donald Trump as U.S. president and Britain's vote to leave the European Union.

KMR

Kenmare – disingenuous trading update

Dual-listed in Ireland and on the LSE Kenmare Resources (KMR) has released what reads like a very positive trading update. Two questions spring to mind here: is it generating cash, and what about the debt position? But the company seems to have chosen to ignore completely its refinancing last year in reporting its finances.

WAND
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WANdisco – one quarter does not an investment make, but offers some encouragement for shareholders…

Shares in ‘big data’ software company WANdisco (WAND) are currently continuing a recovery – this on the back of a concluding trading update for 2016...

Bearcast
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Tom Winnifrith Bearcast: possibly the biggest scandal in AIM history to go nuclear this week?

Weekend press reports (not in the UK natch as the British press is ignoring this £2 billion City scandal for reasons one can only imagine) suggest that the FBI is now investigating. Already in France there have been arrests including that of the CEO of Areva - Atomic Anne - which bought AIM & TSX listed Uramin for £2 billion and had written all of its assets off as worthless within three years. There is also a major new investigative book out on the scandal due out on Thursday. I am sure my good friend Jim Mellon will be ordering an advance copy. Elsewhere I look at Vislink (VLK), at the train wreck waiting to happen at Advanced Oncotherapy (AVO), at Fitbug (FITB) and Cloudtag (CTAG) and then finally at SalvarX (SALV) - placing ahoy on this related party express train to planet hype.

Roulette
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Andrew Monk's third share tip of the year - the best lottery ticket you will ever buy

Top stockbroker Andrew Monk of VSA has today served up his third share tip of the year (following from his win with Sula HERE) and it is a real "hell or glory play". it is right now TSX.V listed but there is an AIM listed way to play it. Over to the Monkey...

FOX
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Fox & Eboracum Marble - lets sort this out

I have been alerted by various folk to the fact that a Fox Marble (FOX) customer Eboracum Marble has a First Gazette notice out against it which, according to the knockers, means it is going bust/is a fraud and that Fox will issue a profits warning. This has seen the shares drift to 7.75p. Sometimes before you hit the sell button it pays to make a few phone calls. Which is why you should buy the shares today.

ITV

Robin Hood, the Eleven Plus and the Chance of a Better Picture for ITV

Hello Share Swipers. Though it horrifies me to think of it, I first watched independent television when I was cramming for my eleven plus. It was at my uncle’s house, as we couldn’t afford a new telly to take the second channel and it must have been sixty years ago. Robin Hood was on.

AFPO
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Bulletin Board Moron of the Week - its ouzo time as Potash booted off AIM

Send Tom Winnifrith a fascist lawyers letter as the fraud African Potash (AFPO) did on September 1 and your fate is sealed. Today African Potash was formally booted off AIM. Now it will fail to raise cash on NEX (formerly ISDX) and will go bust soon. Lyin' Chris Cleverley meet Karma. Ain't she sweet? Amazingly there are still some people out there on the Bulletin boards who think its all my fault and Lyin' Chris runs a great British Company. Whatever. In that vein please nominate the most moronic Bulletin Board or twitter comment you can find in the comments section by midnight on Sunday 15th January. Have fun!

GUSC

Guscio - the Fraud on the shareholder list

It is perhaps wrong to kick a man when he is down but I cannot resist. Guscio (GUSC) clearly has "issues" after its recent shocking trading statement but I cannot help note the revelation that its shareholder list includes Mr Fraud.

SQZ
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Serica remains a buy despite recent strong gains

Usually when shares in a small AIM company has risen by nearly 300% from the level where I recommended it as a buy, I would be advising to take your profits before the almost inevitable retrace that so many suffer from.

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