From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Latest News

RDSA

You May Not Want to Sell Shell Pell Mell on These Figures

Hello Share Diviners. Jim Slater's legendary book on shares, second in my view only to my own works, including the recent Share Attack, advocated investing in shares you really know something about. I seem to remember - though could be wrong - that the Zulu Principal got its name because his wife knew plenty of stuff about Zulus.

CTO
premium content

T. Clarke – attempted ‘no-one watching o’clock’ announcement of “financial irregularities”

Shares in T Clarke (CTO) are currently down approaching 6%, at sub 60p, despite there no news announced by the company today. Hmmm. What’s that though? A 4:37pm (post market-close, attempted ‘no-one watching o’clock’) announcement yesterday; “Re: Investigation”...

FRR
premium content

Frontera Resources – After the pump…….

Having pumped up the share price at the start of last week with yet another ramptastic operations update, all rather predictably comes the dump. This morning AIM-listed Frontera Resources (FRR) announced the draw-down of another £382,550 under a Standby Equity Distribution Agreement (SEDA) – for which read death spiral – with YA II PN Ltd (for which read Yorkville). Another wheelbarrow-load of confetti, 402,684,211 shares, has been issued at 0.095p per share. We are told this will be used to advance work programs of the Company.

Bearcast
premium content

Tom Winnifrith Bearcast - Im really not into that green shite but its worse than that

In today's bearcast brought to you despite having a heavy cold, such is my dedication to you my listeners, I cover: Reach4Entertainment (R4E), Wishbone Gold (WSBN), writing to the FCA, T Clarke (CTO), Northern Petroleum (NOP), Andalas (ADL), Uru Metals (URU), Bilby (BILB) and Windar Photo (WPHO)

Chocolate-Teapot
premium content

The FCA wants you to tell it how it could up its game - please do so

The FCA's new boss Andrew Bailey has accepted that the chocolate teapots have failed in their remit of protecting consumers and for that we must give him enormous credit. He has launched a new mission statement and now wants our views. Some organisations may view their readers with contempt and suggest that the "little folk" should channel their views via the grown ups. But we know that, nearly all, our readers are intelligent adults who can speak for themselves and we urge you to do so. I will be submitting my thoughts as you can see below.

BKY
premium content

Peel Hunt: Berkeley Energia at 47p worth up to 159p

Peel Hunt, which is no joke as a broker, has initiated its coverage of Berkeley Energia (BKY) at 47p with a claim that the shares should hit 159p. It argues that "Berkeley’s development plans show a high IRR due to the low capital requirements, high margins and attractive cash generation. The location in Spain provides a strategic advantage in geopolitical security which is sought-after by off-takers. We therefore initiate coverage with a Buy rating and a 93p R-NAV,our short-term target. As the company progresses through permitting, financing and development milestones, we would expect the shares to trend towards our 159p NAV."

POG
premium content

Petropavlovsk: Debt refinancing (good) news - Buy

Updating last month on Petropavlovsk (POG), we noted debt risk but reassurance that “key terms have been agreed in principle for the rebalancing of the group’s debt maturities with its production profile”. The company has now further updated – including that it“expects to be in a position to confirm details of the refinancing shortly”.

AVO
premium content

Gotcha! Tony Blair crony Labour Lord David Evans goes at Advanced Oncotherapy "with immediate effect" - 6 days after I reveal share dealing scandal

There is no explanation at all given for today's resignation, with immediate effect, of Lord David Evans from the board of Advanced Oncotherapy (AVO). If it had been planned, as a result of illness or some other matter, it would have been announced with other board changes on October 10 and 27. Make no mistake: the reason that Evans has "resigned" is my scoop of 6 days ago regarding his share dealings - Congratulations you Blairite low life you have met The Sheriff of AIM.

KEFI

Brandon Hill: New modelling suggests Kefi's lead asset worth 7 times current market cap

Brandon Hill is house broker to Kefi Minerals (KEFI) so take what it says with a pinch of salt. Having said that we too like the Tulu Kapi asset which is why at 0.375p we are very happy to own the shares. Following Kefi's recent admission of increased capex, Brandon has changed its models but still claims, in a note out today, that the shares are incredibly cheap.

ADL
premium content

Andalas Energy – A review of its accounts show how grim it is - insolvency looms

On 31 October 2016 (the last day permitted for publication), Andalas (ADL) published its results for the year ended 30 April 2016, which showed that it was insolvent to the tune of $1.5 million after recording a net loss of $4,673,000.

Crime-Scene

Monday Odd One Out contest result - it was all about prison

I am trying to teach my six week old son Joshua a few words for when he meets my wife's mad lefty friends. Naturally "Daddy" is first since this household is not sexist. Then, in view of the US election, I was having a go at the phrase "lock her up!!". That brings me to yesterday's odd one out contest. As you can see HERE, there were a few deluded liberals who tried to dodge the issue. However most of you were on the right lines ...

NIPT

The Vexed Moral Dimension of Share Shifting and How to Sleep At Night

Hello Share Collectors. There is a Mel Gibson film being praised at the moment. It tells the story of a soldier in the Second World War who refused to kill, yet still went into battle to save his colleagues.

Bearcast
premium content

Tom Winnifrith Bearcast: 17 days to beer & popcorn with Mkango

I must rush as my morbidly obese three legged cat Oakley says he is starving and I have an appointment with the quack. On the agenda: Proteome (PRM), Turbo Power (TPS), IGAS ( ZERO) and Mkango (MKA) 

BDI

Bond International Software – bid battle brought to an end...

With a bid battle having ensued, Bond International Software (BDI) has announced the “Result of General Meeting… to approve the disposal of the Recruitment Software subsidiaries”

SER
premium content

Sefton: Ben Turney turns up heat on ADVFN's Chambers & Hodges: buys a share in ADVFN

As we revealed yesterday, ADVFN (AFN) bosses Clem Chambers & Mike Hodges who also run now delisted Sefton Resources (SER) have stated that flip flop Ben Turney has not submitted an EGM request to oust them. Flip Flop has denied this and accused the Sefton board of lying to their investors. Now Turney has parked his tank on the ADVFN lawn.

NYO
premium content

Nyota admits it is bust it's in black & white - seeking emergency loan

Nyota Resources (NYO) has published a quarterly statement showing that it is completely bust but in this crazy world someone is considering giving it an unsecured loan. This is all bonkers.

POS
premium content

Plexus Results "Pretty shocking" - and there is worse to come

In this, the 31st day of the tenth month in the year of Trump, we have today been delivered results from oil services group Plexus (POS) that are truly abysmal. One broker described them as "shocking" but that is unfair, we have been warning you for a long time that Plexus is in deep merde and things will only get worse.

CPX

CAP-XX – tax rebate received… but needed to repay line of credit facility...

“Further to the company's announcement of 4 October 2016, the board of CAP-XX (CPX) is pleased to announce that it has received an Australian Government R&D tax rebate of A$1.537m”. The following updates with me having previously commented here on the company looking to need to focus on ensuring it has a sustainable financial basis

Bear

I am getting Bullish – on the Bearish.

These times are getting interesting and disjointed times. The FTSE 100 share index is now up 30% over five years, yet earnings have fallen by 80% over the same period and with U.S. unemployment at 5% and the core CPI rising 2.2% over the last year, it is difficult for the “data dependent” Fed to further rationalise emergency rates based on its official dual mandate. In addition we are living in an age when a CEO of two US public companies can give a talk about colonising Mars and shareholders don’t see it as a warning signal. 

Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

Most Read in the Past Seven Days

That Was the Week that Was

 

AAU

Ariana – Surprise!

 

ANP

Anpario – a recovery Buy?...

Thursday »

Cat_Fixing_Lightbulb

Bearcast issue update: all should be well

 

ORCP

Oracle Power: Cynical Foul

Time left: 17:49:06