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Latest News

IAG

International Consolidated Airlines (British Airways) Results - a broker who understands travel warns you

Andrew Monk does understand travel. Most brokers only understand it in that they collect air miles flying 1st class on expenses on Corporate jollies. Monk did actually run an airline as well as being a top City travel guru in days gone by. Thus his comment today on results from International Consolidated Airlines (IAG), the son of British Airways, are worth heeding.

Gold

Sprott: Corrections, Patterns, and Positioning, what next for gold?

We gold bugs thought we were heading back to the good old days. But it appears paradise has not yet been regained. So what next? Over to the world's best known precious metals investor, Sprott...

EGS

eg solutions – claims another “landmark” contract win. Hmmm…

eg solutions (EGS) has followed what it considered a “landmark contract win” with a leading “technology disruptor”, with what it describes as a “first landmark contract in Asia Pacific”. The following reviews with the shares approaching 6% higher, at 46.5p…

Anarchy

Podcast with Rick Rule: Chaos in the EU - Trauma on the Peripheries

Legendary resource investor Rick Rule has recorded a podcast covering gold (cautious), potash (mega bullish) but also the looming chaos in the EU and what that means. It is thought provoking stuff from Rule.

RBG

Looking for a Profitable Fun Company? - Consider Joining the Revolution

Hello Share Turners. Today’s selection for a company worth looking at is not one that will be getting much custom from me. I’m far too old to be grooving into the night.

FLX
premium content

Falanx Upgrade - canny share buyer takes stock up to 6.875p: more to come

Shares in Falanx (FLX) have "melted up" to 6.75p-7p. The spread used to be enormous but has narrowed pleasantly and the trend is clear. You may have spotted that one investor, Steven Myers, has been buying aggressively and now holds 12,701,000 shares, 10.17% of the equity. Who is he?

Bearcast
premium content

Tom Winnifrith Bearcast - I am Mr Angry, spitting nails all day

I am even more angry than I was on Monday. Those who have caused this are in no particular order: Reach4Entertainment (R4E), my selfish and lazy ex wife, Roger Lawson, Wishbone Gold (WSBN), Belfort Securities and whoever is responsible for the League Cup quarter final draw, I also cover in detail Avocet Mining (AVM), IGAS, Magnolia Petroloeum (MAGP) and XCite Energy (XEL)

GDP

Goldplat – Q1 2017 operational update, still a gold recovery buy?

Goldplat (GDP) has announced an “Operational Update” for the three months ended 30th September, with CEO Gerard Kisbey-Green “very pleased with the progress made on all areas of strategic focus as we continue to improve our operational efficiencies, increase processing capacity and ultimately build our profitability”

AGL

Angle – “Director Share Purchase” = EFH deal matures: good news.

Some good news, I think, for shareholders in AIM-listed medical technology firm Angle (AGL) which one might sense will be greeted with the same relief as the moment when an unwelcome guest leaves the house.

TAL

Ten Alps – with deferred consideration to pay, it’s placing and debt manoeuvring ahoy!

I’ve previously noted balance sheet pressures for Ten Alps (TAL) - and now preparation of full-year accounts for 2015-acquired Reef Television indicate “that the full deferred consideration and loan note payment of £1 million will be due to the Reef vendors for the first tranche”. It’s thus placing and debt manoeuvring ahoy…

R4E
premium content

Reach4Entertainment - placing at 1.5p: I am livid

Reach4Entertainment (R4E) has announced a share placing raising £2 million pre expenses at 1.5p. I am utterly livid for reasons that I shall explain.

MCC

Mercom Capital – Calvet International puts deal on the table: Stick or twist?

I first wrote about Mercom Capital (MCC) last week on 18 October, (HERE) commenting on the extraordinary recent share price rise from 3.5p to 13.5p suggesting that it could be time to take profits. Well, I may have missed some upside as Calvet International have put an interesting deal on the table but it merits closer examination.

WSBN
premium content

Bloody Hell - another Wishbone Placing as Beaufort Securities shows naked greed

Just when Wishbone (WSBN) shares were getting going again after the last placing conducted by Belfort Securities to their spiv share flipping bucket shop mates, here we go again. Boy my morning has started well: not only do I have to suffer more laziness and abusive emails from my lazy, greedy bitch of a selfish bitch of an ex wife but this as well. I want to go back to bed.

MPE

M. P. Evans – details why it considers offer “highly opportunistic and wholly inadequate” & shareholder support…

Following its announcement earlier this week that the board had unanimously rejected a 640p per share takeover offer from Malaysian company Kuala Lumpur Kepong Berhad, M. P. Evans (MPE) has detailed that shareholders of a majority of its share capital have also stated their intention to reject the offer and why it considers the offer “highly opportunistic and wholly inadequate”...

RBS

Hoots Mon! RBS Shares Could Perk if the Clydesdale Steps in Where Spaniards Fear to Tread

Hello Share Wallowers. It’s all happening at the old Royal Bank of Scotland, now known boringly as RBS (RBS). It’s all about ownership of its smaller Williams and Glyn business. Spain’s Banco Santander was round the table with W and G, but then it pulled out, reportedly over differences about the price. But now the Glasgow bank Clydesdale (CYBG) may step in.

IGAS

Igas – bondholder meeting update: secured debt says no

AIM-listed and over-indebted Igas Energy (IGAS) has just announced the result of its bondholder meeting. The unsecured debt voted the proposals through, but the secured debt voted it down. The company says it has not yet breached its bond covenants, but that this is now expected next week. 

TAIH

Filthy Forty Taihua – where, oh where, is that share buy-back?

At risk of sounding like a broken clock, ShareProphets AIM-China Filthy Forty play Taihua (TAIH) announced a comical open offer which, apart from a bit of working capital, was to fund a share buy-back. That was back on 25 August – more than two months ago. So where is it?

CAPD

Capital Drilling – Q3 update, further signs of resources market improvement?

Drilling provider to mineral exploration and mining companies Capital Drilling (CAPD) has provided a “Q3 2016 Trading Update”, including that “improving market sentiment generally is evident”

SLP

Sylvania Platinum remains a buy after positive update

I’ve been a fan of Sylvania Platinum (SLP) for some time now and it is a company in which I hold shares myself, and after the latest update I see no reason to change that stance.

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