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Tom Winnifrith Bearcast - Fund managers are not superhuman but dead cats can bounce
In today's bearcast recorded with my father as the audience, here in Shipston, I start with the Autumn Statement which gets 0/10 from me. Then it is onto Sound Energy (SOU) and the issue of fund manager due diligence. Then Optibiotix (OPTI), FastJet (FJET), Mkango (MKA), African Potash (AFPO), Countrywide (CWD) and the global real estate asset class - yes a Manhattan penthouse and a terraced home in a grim Northern welfare safari slum are related!. Finally a few words about Paternoster Resources (PRS) and as a related issue New World Oil & Gas (NEW).
- By Tom Winnifrith |
- 24 November 2016, 06:15 |
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Cloudtag Bulletin Board & Twitter Bigot of the day
I never ceased to be amazed by how many shareholders in Cloudtag (CTAG) appear to think that homosexuality is a term of abuse. And also just how stupid these bigots and fantasists are as a species. It is almost as if this company has actively targeted the stupidest members of society. Anyhow here is a tweet from earlier...
- By Tom Winnifrith |
- 24 November 2016, 05:50 |
Premaitha - good news from out East: Buy
Premaitha (NIPT) has announced that its Thai distributor. Geneplus, has formally signed an agreement to offer the Company's IONA test in the Center for Medical Genomics (CMG), Ramathibodi Hospital, Mahidol University, partnering with the Thailand Center of Excellence for Life Sciences.
- By HotStockRockets |
- 24 November 2016, 05:16 |
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Even Trump’s Best Policies Can’t Stop the stockmarket Crash
Some investors are getting carried away with ‘Trump trades’. Now that he is elected we see the psychological optimism linked to cutting taxes, deregulation, and infrastructure spending being reflected in the stock market. David Skarica thinks the stock market is overvalued, and this upward trend won’t last long. He is preparing for a crash between the summer and fall- which is the common historical trend, as is a crash under a Republican majority.
- By Tom Winnifrith |
- 24 November 2016, 04:57 |
Hornby – turnaround progress any smoother than half year results issuance?
Hobby products company, Hornby (HRN) announced results for the six months ended 30th September 2016 at 7am claiming “good progress with turnaround plan”. This didn’t though extend to the announcement itself - as the financial tables weren’t included! A replacement announcement was then made at 09:41 – does the company's turnaround progress look smoother? …
- By Steve Moore |
- 24 November 2016, 04:20 |
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Cloudtag - another pre placing ramp exposed: this time its Cities
How on earth can Nomad Cairn continue to act for the fraud Cloudtag (CTAG) as it today fesses up to another pre-placing hoodwinking of investors? After the Second Chance guaranteed sales of $5.2 million RNS ( 4 days before a placing) statement was exposed as a big fat lie, now we turn to the US distributor Cities.
- By Tom Winnifrith, The Sheriff of AIM |
- 24 November 2016, 03:53 |
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Strat Aero - Credit card rate loan to keep the lights on at the fraud for just 12 weeks
Shares in Strat Aero (AER) have jumped today in relief that the company is not going bust before Christmas. Instead it looks set to go bust around St Valentine's day. Today's statement from a company which has committed securities fraud is just ghastly.
- By Tom Winnifrith, The Sheriff of AIM |
- 24 November 2016, 03:30 |
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Sub-Standard Shockers XI November update – Two body-blows this week: I’m starting to despair
By anyone’s standards, and this team’s standards are pretty low, it’s been a shocking week with a winding-up petition being issued against the team leader and general inspiration, Worthington (WRN) and player manager, Senterra Energy (SEN) having to ‘fess up to a failed deal with its share price collapsing as a result. How did the rest of the team get on!?
- By Cynical Bear |
- 24 November 2016, 03:17 |
Atalaya Mining at 139p worth 175p?
Atalaya Mining (ATYM) the company once known as EMED has served up its Q3 results today and broker Mirabaud is quick off the blocks with a buy note. I know many of our readers are invested here. Though I have no strong view for what it is worth Mirabaud writes:
- By Tom Winnifrith |
- 24 November 2016, 02:46 |
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Game Changer for AIM: Sound Energy - £24.1 million fund raise - you can take part via Primary Bid
I will not be. As far as I can see the current market cap of £450 million is borderline insane and certainly not justified by the fundamentals. So I don't blame Sound Energy (SOU) at all for raising cash at this level. If folks want to pay up, the company would be crackers not to let them. But some will disagree.
- By Tom Winnifrith |
- 24 November 2016, 02:30 |
M. P. Evans – increased offer “unanimously rejected”, but offer document posted
Previously writing last week on the increased, 740p per share, offer from Malaysian company Kuala Lumpur Kepong Berhad for M. P. Evans (MPE), I considered it unlikely that it would be sufficient to achieve a change of stance from the M. P. Evans boardroom and that, although the response of the seven shareholders who together held more than 50% of the issued share capital could be more interesting, I was far from convinced that the offer would succeed. The following updates on subsequent developments…
- By Steve Moore |
- 24 November 2016, 01:08 |
The Admirable Creightons Share Keeps On Moving - Up and Away
Hello Share Finders. Probably the smallest firm I invest in currently is Creightons (CRL). This has not deterred me from recommending it to you from time to time. Luckily, each time I bring it up, we seem to be rewarded with further gains.
- By Malcolm Stacey |
- 24 November 2016, 01:05 |
Andalas Energy shares sliding again - time to fess up on the bailout placing
Having last raised money at 0.2p earlier this year shares in Andalas (ADL) are sliding again and are now just 0.1p- 0.105p. Oh dear. It really is time for CEO Dave "the Rule Breaker" Whitby to fess up and admit that the placing is underway and, it seems, not going well.
- By Tom Winnifrith |
- 23 November 2016, 08:06 |
Our Readers said: Even Roland "Fatty" Cornish not bent enough to act for FRAUD African Potash - its screwed
On Monday Cantor Fitzgerald announced that as of December 7 it would no longer act as Nomad for the AIM fraud African Potash. So Potash needs a new Nomad to sign off on its lies to enable it to commit securities fraud. But who will act for it? We polled you yesterday and while many of you thought that cometh the day there was only on go to Nomad for a fraud, more of you thought that no-one, not even Roland "Fatty" Cornish, was that desperate. But that potential tax issue may prompt an urgent need for cash and that may yet sway Fatty! The results of who you thought would act for the fraud Potash are:
- By Tom Winnifrith |
- 23 November 2016, 08:03 |
Ilika – it was discounted fundraising ahoy, what now?
Materials innovation and solid-state battery technology-focused, Ilika (IKA) has announced that results for the six months ended 31st October 2016 “are expected to show total revenue for the period of £330k (H1 2015: £254k)”, but also “notifications of intent to award three new grants” and “a notification of intent to award a commercially-funded materials development programme” – and the shares are currently approaching 6% higher to 45p in response…
- By Steve Moore |
- 23 November 2016, 07:39 |
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CloudTag – my plan for great riches
So AIM-listed CloudTag (CTAG) has announced the conversion of a further £600,000 of its death spiral funding facility with L1. That is on top of the previous £700,000 announced on Monday of last week. Running the ShareProphets abacus over the numbers, it looks very tight as to whether the company will get anywhere near drawing Tranche 2 of the funding package. But studying it all makes me realise there is a fabulous path to richness awaiting me.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 23 November 2016, 04:59 |
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Tom Winnifrith Bearcast: Mark Gustafson are you a bullshitter? I challenge you
In today's podcast recorded with an audience of my Guardian reading father who is torturing me by reading out snippets from the ghastly left wing rag, I start with a look at Pantheon Resources (PANR). I then cover FastJet (FJET) - having a swipe at its smearing scumbag low-life PR fucking geniuses at Citigate Dewe Rogerson en passant - , Avocet Mining (AVM), Blenheim Natural Resources (BNR) and African Potash (FRAUD). Then it is onto Redcentric (RCN) and MXC Capital (MXCP) and the challenge for Mark Gustafson, Mr bullshitter at Challenger Acquisitions (CHAL).
- By Tom Winnifrith |
- 23 November 2016, 04:59 |
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Brammer – following trading & financial woe, a recommended offer…
Private equity firm Advent International and distributor of industrial maintenance, repair and overhaul products and services, Brammer (BRAM) “are pleased to announce that they have reached agreement on the terms of a recommended all cash offer… for each Brammer share held 165 pence”…
- By Steve Moore |
- 23 November 2016, 04:24 |
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Corero - just when is the next rescue placing?
It was only seven months ago that AIM uber-dog Corero (CNS) appointed Cenkos as its joint broker and promply raised just under £9 million at 22p. Gosh i am glad that i am not an institutional client of Cenkos with the raft of dogs and frauds it has acted for in recent years. The shares are now just 9.5p to sell. But another bailout placing looks inevitable. Just do the math!
- By Tom Winnifrith, The Sheriff of AIM |
- 23 November 2016, 04:24 |
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Avocet Mining: A Rollercoaster Ride to Zero
Gold miner Avocet Mining (AVM) has always been a bit of a rollercoaster of an investment since its 1 for 10 share consolidation in June, the shares have doubled, halved and then doubled again as punters have reacted skittishly to news from darkest Africa.
- By Lucian Miers |
- 23 November 2016, 03:47 |