premium content
Tom Winnifrith Bonus Bearcast - revisiting the 7 stages of grief with the Cloudtag & African Potash frauds
I revisit the seven stages of grief in relation to buying shares in frauds and other disasters. I look at which stage shareholders in the frauds African Potash (AFPO) and Cloudtag (CTAG) have got to and what the psychology of grief tells us about where share prices are heading.
- By Tom Winnifrith |
- 15 January 2017, 04:28 |
Metals prices 2016 in review and what Sprott expects in 2017
The world's best known investor in precious metals, Sprott Asset Management has just published its review of 2016 and its predictions for 2017. It writes:
- By Tom Winnifrith |
- 15 January 2017, 04:27 |
premium content
Tom Winnifrith Bearcast - a New Prospectus brings shame on all concerned - shockingly misleading
Cynical Bear has written a fascinating article today on Simian Global (SMG) - HERE. Cynical Bear you are a wuss. You are far too generous about this crock of Turkish. If one goes to the prospectus and then cross references with companies house you will find a story of true horrors, something that the prospectus fails to mention, indeed it deliberately gives you a completely different impression. This prospectus stains all involved with it ( directors Edward Ng and Ajay Rajpal, Peterhouse Corporate Finance, Edwin Coe and the UKLA) with complete shame. How on earth do these folks sleep at night? My target price for the shares is 0p.
- By Tom Winnifrith |
- 15 January 2017, 04:15 |
premium content
Is Daniel Stewart about to set sail into the sunset?
A couple of interesting filings on Companies House leave me wondering whether former AIM-cesspit posterboy Daniel Stewart Securities plc (DAN) is being prepared for a quiet execution. It was clear from the (stunningly) late-filed 2015 Accounts that is was in serious trouble, and last year a debenture over the parent seemed to have morphed into a debenture over its subsidiary, Daniel Stewart & Co plc. Now the previously wholly-owned subsidiary, which contains the trading business, seems to have been raising money on its own account.
- By Nigel Somerville |
- 15 January 2017, 04:12 |
premium content
Simian Global – If at first you don’t succeed…..try the Standard List!
A dispiriting new entry to the Sub-Standard Shockers XI this week – well someone has to fill the impending gap created by the liquidation of Worthington (WRN) - so please everyone give a warm welcome to Simian Global (SMG), a reincarnation of a previously failed effort. Please allow me to explain.
- By Cynical Bear |
- 15 January 2017, 03:34 |
Notes from Underground: It's the end of the world as we know it
In a mere five days, Donald Trump becomes president of the United States. In 90 days or so, Theresa May promises to pull the plug on the world's largest trade bloc.
- By Pizza Hardman & Mad Euro-loon Lefty Darren Atwater |
- 15 January 2017, 03:32 |
premium content
Pennon - damning CSFB note and the losses from the off balance sheet jv
Hats off to top broker CSFB for daring to publish a negative note on a blue chip company. The 33 page missive on Pennon (PNN) - formerly South West Water. The note flags up the huge losses being racked up by a 75% owned joint venture, Peninsular, which appears to be held off balance sheet. CSFB rates the shares underperform. I'd go one further and say sell. This reads very badly indeed. If this jv was consolidated, reported earnings would be 30% lower. Why is it not? Pennon needs to clear this matter up at once.
- By Tom Winnifrith |
- 14 January 2017, 06:59 |
premium content
Tom Winnifrith bearcast - Insider Dealing is a crime that usually does pay
I have an awful cold so cannot speak properly and the Mrs is giving me grounds for divorce (again) with awful TV choices as I suffer from my ailments. In the podcast I cover insider dealing (ref Logica), buying after a profits warning (ref Red Rock & SpaceandPeople) and why the bulls are wrong even though the FTSE 100 is at a record high (ref Malcolm Stacey)
- By Tom Winnifrith |
- 14 January 2017, 06:58 |
Shoe Zone - buy on results
UK value footwear retailer, Shoe Zone (SHOE) has announced results for its year ended 1st October 2016, that it has made a “solid start” to its current year and that “the board remains positive for the outlook of the group”.
- By Tom Winnifrith & Steve Moore |
- 14 January 2017, 06:56 |
A Real Market Shift In Uranium Is In Play
Well that is the assertion of George Glasier the guest in this week's podcast with Palisade Capital. He spends much of the podcast talking his own book but on the bull case for uranium which seems to be getting stronger he is fairly persuasive.
- By Tom Winnifrith |
- 14 January 2017, 06:55 |
Red Rock Shoats Creek Disappoints but market gets it all wrong - buy
Red Rock Resources (RRR) has seen its shares slide back to 0.5-0.55p ( we tipped this at a 0.5p offer in November and the shares were 0.7p+) after admittedly disappointing news from Shoats Creek, its US oil asset. But the market has over-reacted big time.
- By HotStockRockets |
- 14 January 2017, 06:48 |
Secure Trust Bank – pre-close trading update comes with macro warnings…
A “Pre-Close Trading Update” announcement from Secure Trust Bank (STB) sees the company note that “a year of excellent progress ended with a very busy and productive final quarter… anticipates the full year results will be in line with market expectations… (with) substantial capital resources”. However, of possibly greater interest are the wider points on its market and the economy that the UK bank makes…
- By Steve Moore |
- 14 January 2017, 06:46 |
Table of shorted AIM shares - week to 13/01/2017
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...
- By Steve Moore |
- 14 January 2017, 06:41 |
Looking for a Bumper Dividend in Tidy Ship? Look at City of London Investment Group.
Hello Share Ticklers. I’ve just bought a bit of the City of London Investment Group (CLIG). Those of you with long memories may remember I’ve previously a piece or two commending this holding company to your further researches.
- By Malcolm Stacey |
- 14 January 2017, 06:40 |
We've brought our next hot share tip forward as it is so hot - catch it for just £5 TODAY
We were not planning to serve up our next share tip until the end of the month. But shares can move fast on AIM and we have identified a stock where something really is bubbling. And so our next hot share tip is out TODAY (Friday 13th) at 2 PM. we are working hard on it now.
- By ShareProphets |
- 13 January 2017, 08:51 |
Countrywide – full-year trading statement, a “pleasing” performance?
Following Foxtons earlier this week, Countrywide (CWD) has now updated for the 2016 calendar year with CEO Alison Platt claiming “it is pleasing to report modest full year revenue growth”. Hmmm…
- By Steve Moore |
- 13 January 2017, 08:46 |
premium content
Tom Winnifrith Bearcast & Video: The Great Bear Marc Cohodes interviewed on the Concordia fraud - this sounds so Cloudtag familiar
I was watching an old video today in which the great bear Marc Cohodes was interviewed about Concordia a fraud he called as a fraud. The shares were just over $100. They were c$37 when this interview went live. They are now sub $3. Listen to what he says about how investors and fraud companies react to him. This sounds very familiar to me as I discuss in the bearcast below which compares Cloudtag (CTAG) and my life to that of Marc and Concordia.
- By Tom Winnifrith |
- 13 January 2017, 08:46 |
Concepta gets EU ISO13485 accreditation for MyLotus shares at 18p set to hit 28p+ by easter
Concepta (CPT) has announced that it has secured ISO13485 accreditation which is a key step in attaining its CE marking for its 'myLotus' product for unexplained infertility.
- By Tom Winnifrith & Steve Moore |
- 13 January 2017, 08:39 |
premium content
Tom Winnifrith Bearcast: the Delivery Man says he's a keen reader - he's also a fan of Big Dave Lenigas
And so the guy delivering a package for next door said "Hello Tom". He is a keen reader and owns shares in UK Oil & Gas (UKOG), ScotGold (SGZ) and Xtract Resources (XTR). He must be a big fan of Big Dave Lenigas as well. It was a good chat. In this podcast I look at how quickly sentiment can change ref Nostra Terra (NTOG) and Optibiotix (OPTI). I cover Iofina (IOF) and Strat Aero (AERO) and reflect on how the curse of the Sheriff of AIM has fallen on Dolphin Capital (DCI). It took a while!
- By Tom Winnifrith |
- 13 January 2017, 03:33 |
premium content
Jim Mellon's related party deal of the day - Condor Gold share Purchases
Sorry if my good friend Jim Mellon feels if I am picking on him today but moving on from Port Erin (PEBI), the old boy (60 in a few weeks) has also been active at Condor Gold (CNR), the dog where he sits as a NED. Hang on tight folks, this related party trail is getting confusing.
- By Tom Winnifrith |
- 13 January 2017, 03:32 |