Michelmersh Brick – reckons fundamentals “strong”, but it’s a profit warning…
“We are Michelmersh Brick Holdings plc (MBH): we are ‘Britain's Brick Specialist’”. You are Michelmersh Brick Holdings plc, you’ve just issued a profit warning…
- By Steve Moore |
- 21 October 2016, 07:09 |
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The Chairman's Blog 19: Sir Benjamin Dover of Global Mining Endeavours has a working breakfast with Evil Knievil
Following the example set by Paul Warwick the chairman of worthless penny stock Andalas (ADL) in starting a blog, Sir Ben Dover of AIM listed Global Mining Endeavours has decided to follow suit and like Paul promises to be candid in his approach. Blog number nineteen....
- By Tom Winnifrith |
- 21 October 2016, 06:31 |
RTC Group – having “successfully navigated… period of market anxiety leading up to the EU referendum”, a profit warning…
Having in August stated that its engineering and technical recruitment consultancy ATA “has successfully navigated through the period of market anxiety leading up to the EU referendum”, RTC Group (RTC) has now announced its short-term performance has been impacted by delays in the commencement of infrastructure projects…
- By Steve Moore |
- 21 October 2016, 04:35 |
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More crooked than a Beaumont Cornish AIM IPO - Nigel Somerville wins "fatty" Caption Contest. I go to HMRC whistleblowing
No doubt our in house comments section loon Wildes will be, once again, reporting me to the FCA for this but the winner of this week's Roland "Fatty" Cornish, the worst Nomad in London, Caption Contest is the Deputy Sheriff of AIM. We asked for captions to the picture below:
- By Tom Winnifrith, The Sheriff of AIM |
- 21 October 2016, 04:32 |
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Only 5-10% of mining companies have anything in the ground but you can buy 100 baggers from here - Doug Casey
He has just published a novel, “Speculator- High Ground”, which he is plugging hard but mining guru Doug Casey also has a few things to say about the mining sector which may surprise you. Notwithstanding the fact that up to 95% of mining companies have nothing to mine, Doug is mega bullish.
- By Tom Winnifrith |
- 21 October 2016, 03:54 |
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African Potash you fecking fraudsters where is your libel suit you lying bastards?
On 1st September the fascist and grubby law firm of Memery Crystal threatened me with a libel suit if I did not agree to hand over to it a blank cheque within 24 hours as well as withdrawing all of my articles about its client African Potash (AFPO) and promising to never write again about Potash. Natch I told Memery to feck off just as I did when it tried to extract cash from me with menaces on behalf of both Pirate Pete Landau and the Globo fraudsters. I really want to see the African Potash bitchez in Court as disclosure will be a hoot. But...
- By Tom Winnifrith, The Sheriff of AIM |
- 21 October 2016, 03:32 |
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Oops: Red Faces for thick journos at Dow Jones as it confuses Lancaster's at Hurricane Energy
Hat Tip to a sharp City broker for spotting this howler from the thick journos round at Dow Jones as they reported yesterday's Hurricane Energy (HUR) £70 million oversubscribed placing. Well done to Hurricane, not well done to the thick hacks who will be wearing the Dunce hats for some time...
- By Tom Winnifrith, The Sheriff of AIM |
- 21 October 2016, 02:22 |
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Photo article: Kim Kardashian, Millionaire Cops and the 1%
How will the 1% preserve the wealth they have extracted from the rest of us, the 99%. That is the question that the world's best know resource investor, Sprott, posed this week. Over to the experts.
- By Tom Winnifrith |
- 21 October 2016, 02:16 |
Octagonal – a nice core business in GIS hindered by conflicts of interest and duff legacy investments, the Inspirit dog with fleas
Octagonal (OCT) published a trading update yesterday which contained some strong numbers from its wholly owned subsidiary Global Investment Strategy UK Limited as follows:
- By Tom Winnifrith |
- 21 October 2016, 01:59 |
DiamondCorp – a new contender for the most expensive loan in AIM history?
Well you can’t say you weren’t warned by Tom Winnifrith that shareholders in AIM-listed DiamondCorp plc (DCP) were either about to get screwed or simply lose everything. To its credit, the company had been pretty explicit that it needed a minimum of £500,000 in the kitty and pronto or it would be lights out. With one potential deal scuppered when the potential saviour walked, it looked grim. But yesterday afternoon the company announced that it had secured £700,000 in a Sharia-compliant funding facility with shareholder Rasmala plc. As to the terms, well given the parlous position of the company it is hardly a surprise to find that there are several pounds of flesh involved.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 21 October 2016, 01:18 |
Computing Computacenter Prospects, the Share Has a Good Chance of Going Up
Hello Share Shufflers. I don’t much like the name of the firm Computacenter (CCC). This is because of a prejudice I have against titles based on misspellings and particularly companies which use ‘center' instead of ‘centre.’ But that is just little old pedantic me.
- By Malcolm Stacey |
- 21 October 2016, 01:10 |
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Tom Winnifrith Bearcast: Telit still the biggest short on AIM + not investing in PR
On today's podcast I look in detail at Porta (PTCM) and other people businesses. Porta employs top PR person foxy Bex but even so its shares are a stonking sell. I then look at frauds Highlands Natural Resources (HNR) and Servision (SEV) and then onto the biggest short on AIM, Telit Communications (TCM)
- By Tom Winnifrith |
- 20 October 2016, 07:26 |
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NCC Group – “Trading update” announcement a profit warning or not?, what day is 31 November 2016?
Cyber security and risk mitigation group NCC (NCC) has updated on four month to 30th September organic revenue growth of 21% in an announcement that also includes that “rate of growth in profitability will now be more biased towards the second half of the year than initially expected, but remains in line with the board's expectations”. Hmmm...
- By Steve Moore |
- 20 October 2016, 07:25 |
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Vast Resources: Suspicious share trading activity – FCA need to get involved – and an investigation that even Clouseau could solve!
I appreciate that Tom wrote last week about the expensive loan from Bracknor (HERE) ; however, I wanted to point out a few other aspects of the financing transaction, particularly after the laughably naïve RNS’s that came out this morning. The FCA need to take a closer look.
- By Cynical Bear |
- 20 October 2016, 07:22 |
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Northland Capital Partners – relying on Bank of Beaufort?
Continuing our wanderings through the accounts of those who promote and look after companies listed on the Casino, we turn here to the FY (to Mar 16) accounts of Northland Capital Partners – Nomad to such fine enterprises such as AIM-listed Edenville Energy (EDL) and the now executed Eastbridge Investments (EBIV), Broker to AIM-listed Octagonal (OCT) and introducers of Vast Resources (VAST) to the fine fellows at Bracknor. A truly magnificent contribution to life on the Casino I’m sure we all agree.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 20 October 2016, 06:53 |
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Daniel Stewart - a big fudge to delay publishing ghastly accounts
Remember when the fraudster Rob Terry told his deluded followers that shares in Daniel Stewart (DAN) were worth 10p each. In those days they were listed on AIM but Terry reckoned that they could be worth even more when delisted. Hmmmm. Now slung off AIM things seem to be going from bad to worse.
- By Tom Winnifrith |
- 20 October 2016, 06:48 |
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Reach4Entertainment: Buy after share price slide
For reasons that seem entirely related to illiquidity on AIM and nothing to do with fundamentals, shares in Reach4Entertainment (R4E) have ratted back to 1.25-1.4p. It is crackers.
- By Tom Winnifrith |
- 20 October 2016, 05:46 |
Kefi, at 0.36p, still worth 1.5p despite operational update says broker Ambrian
Shares in Kefi Minerals (KEFI) may have fallen after the latest operational update to just 0.36p but house broker Ambrian reckons that a 6 month delay to first output and an increased upfront capex spend makes no difference to NPV. Really? Is it sure. Ambrian reckons the shares are still worth 1.5p. For what it is worth we are not selling ours and here is the note:
- By Tom Winnifrith |
- 20 October 2016, 05:41 |
Hayward Tyler – disappointing H1, but reckons still to meet full year expectations. Hmmm…
Shares in specialist engineering group Hayward Tyler (HAYT) currently trade more than 10% lower, heading towards 80p, despite a trading update announcement including “management is positive in the group's ability to meet full year market expectations”. Hmmm…
- By Steve Moore |
- 20 October 2016, 04:55 |
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Roland Fatty Cornish Caption Contest in wake of New World Scandal
I trust that you have written to the wretched bogus Sheriff of AIM, the head of the Oxymorons at AIM Regulation, Mr Marcus Stuttard demanding that Roland Fatty Cornish be struck off as a Nomad after the New World bank heist scandal? If not write now! In light of that please submit suitable captions for the picture below in the comments section. The deadline is midnight on Thursday
- By Tom Winnifrith, The Sheriff of AIM |
- 20 October 2016, 03:49 |