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 |
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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 |
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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 |
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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 |
SIG – trading update review as shares rise
Shares in building products distributor SIG plc (SHI) are currently recovering approaching 11%, above 100p, on the back of a “Trading Update” announcement…
- By Steve Moore |
- 13 January 2017, 03:31 |
Filthy Forty Taihua – rum’n’coke RNS re AIM Rule 26: Bargepole
And so after its website disappeared at least as early as late November last year and two failed efforts at getting a replacement available so as to comply with AIM Rule 26, ShareProphets AIM-China Filthy Forty play Taihua (TAIH) has finally issued some Jackanory of a statement saying it now won’t be complying until Monday next week. The explanation may seem reasonable, but in context they’re ‘avin’ a bubble.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 13 January 2017, 02:49 |
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Port Erin - NAV statement - just utter tommyrot from Jim Mellon & Co
Flustered by the shock revelations about Diabetic Boot Company HERE, Jim Mellon's Port Erin (PEBI) published a December 31 NAV. Given that it published full year numbers when no-one was watching on 22 December this whiffs of panic. Unfortunately the statement begs more questions than it answers.
- By Tom Winnifrith |
- 13 January 2017, 02:44 |
Robinson plc – ‘slight’ profit warning, so why are the shares up?
A trading update from Robinson plc (RBN) includes that “the directors anticipate trading profits for 2016 will be slightly below market expectations”. So why are the shares approaching 10% higher?...
- By Steve Moore |
- 13 January 2017, 01:15 |
The Rising Cost of Foreign Travel Could Be a Drag on Thomas Cook's Shares
Hello Share Crushers. I’ve long held that travel operators are not an ideal choice for investment these days. This is based on the view that as people become more internet savvy, they see the economies of arranging their own holidays - thus eliminating the middle man. This makes it very hard to attain growth, and that’s what really drives share prices. And there are now other concerns on the horizon.
- By Malcolm Stacey |
- 13 January 2017, 01:00 |
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Tom Winnifrith bonus bearcast - Paul Scott you are 100% in denial
Paul Scott gets some things right I get wrong ( Boohoo!). And he is an incredibly talented analyst and writer and a good bloke. But his reaction to the TrakM8 (TRAK) shocker earlier is just nonsensical and has annoyed me. Paul is just in denial as I explain in detail. No doubt the health guru would also disapprove strongly with my Birthday pudding today which was just amazing.
- By Tom Winnifrith |
- 12 January 2017, 08:41 |
Parallel Media – Harwood says thanks very much for the spoof
On Wednesday I called shares in AIM-listed Parallel Media (PAA) as a sell at 30.75p in the face of what appeared to be a BB pump and dump spoof on Tuesday which puffed the shares from 16p up to a peak of 46.5p in the middle, with a “speeding ticket” RNS released later that day. The shares have since come back to 24p mid (last seen), having put in a floor earlier today of 20.5p. Now we have had a NED walking with immediate effect after Harwood Capital had dumped the last of its holding.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 12 January 2017, 08:26 |
If Slater & Gordon did comedy they'd issue a press release like this...oh they did
Following news of the latest investigaton into it cooking its own books, shares in Aussie law firm now trade at 29 cents down from c$8 when it blew £649 million buying 92% the assets of Quindell less than two years ago. Blowing up your balance sheet buying the biggest stockmarket fraud in 30 years is not a smart move. And as such I am delighted to see this release from the Aussie poltroons:
- By Tom Winnifrith |
- 12 January 2017, 07:51 |
STM Group – full-year trading update, how’s recovery from H1 profit warning?
I concluded in August on shares in cross-border financial services provider, STM Group (STM) that for those looking for a small speculation, I reckon you could do a lot worse – and reiterated that in October. The company is now “pleased to announce a pre-close trading update”…
- By Steve Moore |
- 12 January 2017, 07:50 |
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Are the supermarkets hot to shop after their Xmas trading updates?
After being outed by Tom Winnifrith as a non-adherent to the Star Wars doctrine, I turn my thoughts to matters in our galaxy (not far away)…and the bevy of trading updates from supermarkets this week.
- By Chris Bailey of Financial Orbit |
- 12 January 2017, 05:06 |