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Latest News

ECK

Eckoh – CEO & Chairman buy shares, but of how much financial significance are these in context? …

Following the shares having fallen more than 27.5%, to 35.5p, when I wrote on a “Trading Update” (i.e. profit warning) announcement from Eckoh (ECK) last week HERE, they had since continued falling – closing on 6th September at 32.5p. Now, “the company announces that on 7 September 2016, Nik Philpot, Chief Executive Officer of Eckoh, and Chris Batterham, Non-Executive Chairman of Eckoh, have both increased their shareholdings in the company”

CLIG

Turn Again City of London Investment Group as the Big Divi Beckons

Hello Share Slammers. It's been a while since I revisited an old favourite, City of London Investment Group (CLIG). During that time I sold my holding, because I was sitting on a reasonable profit and when you are dealing with an investment company with its main interest in foreign parts, you never really know what is going to happen on a global, politico-macro basis.

JOUL

Waiting patiently for a Joules buying opportunity

Shares in Joules (JOUL) surged over the past few days in anticipation of the company’s annual results, issued today. They are indeed about as strong as anybody could have predicted.

EUSP

EU Supply – half-year results, working capital looks tight…

Having risen from just above 4p in the first half of June, shares in e-procurement SaaS provider, EU Supply (EUSP) are holding steady above 10p currently post its results for the first half of 2016…

OMI

Orosur Mining is one of the better gold plays on AIM

When it comes to smaller AIM listed gold producers, then Orosur Mining (OMI) looks to be one of the better ones around...

Bearcast
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Tom Winnifrith Bearcast: Buffett themes on bad companies, CMC, TrakM8 and the stinker that is Starcom

In this podcast I refer to an article I penned today on the greedy bastards that are the junior doctors HERE. My central theme is various ways that Warren Buffett would define companies as "bad" and in that vein I look at CMC Markets (CMC), TrakM8 (TRAK) and in some detail the uber ramped dog with fleas that is Starcom (STAR) which I covered a month ago -gosh my analysis is good (as you can see here).

STAR

Starcom – half-year results, “sufficient working capital”?

“Starcom (STAR), which specialises in the development of wireless solutions for the remote tracking, monitoring and protection of a variety of assets and people… (is) pleased to report the unaudited results for the six months period ended 30 June 2016”. The shares are currently more than 15% lower, at 3.375p, in response. Hmmm…

AFPO
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African Potash, libel and disclosure - let's start with payments made to Beryl

As yet African Potash (AFPO) has not started the process of suing me for libel for pointing out that it committed securities fraud, something it effectively conceded it had done in its fascist lawyers letter/suicide note of last week. One of the joys of the UK libel system is disclosure. That is a process where I can ask the other side to produce certain documents which are relevant to the case. And African Potash knows that disclosure will sink it for good. So let's bring it on and I shall be starting with seeking details of payments made by Potash to Beryl Holdings.

TRAK
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TrakM8 Trading Statement: More joy for myself, a bear, than for Paul Scott

I am aware that Britain's top share blogger Mr Paul Scott is flying back from an extended Greek holiday this morning. When he lands at Gatwick and checks his smartphone he will see that shares in his beloved TrakM8 (TRAK) have dived by 10% today, to just 200p to sell after a piss poor trading statement. I hope Paul has some duty free ouzo for the Sheriff as I think he owes me an apology on this one. Hmmmmm I can almost smell the aniseed now...Scotty you know where to send it.

Bearcast
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Tom Winnifrith Bonus Bearcast: Malcolm Graham Wood is a bent fat toad talking cock on Pantheon Resources

I covered Pantheon Resources (PANR) twice on Monday in relation to Evil Knievil's dire trade HERE and in relation to its dire statement HERE. On iii shamed cash for copy tipster Malcolm Graham Wood has made the bull case for the shares. He is talking cock from start to finish and I take his comments apart one by one in this bonus podcast. 

BKY

Berkeley Energia - more great drilling results but does it matter?

We already know that Berkeley Energia's (BKY) Salamanca uranium resource in Spain is commercial so does it really matter if it serves up more good drill grades?

CRE

Creston – does AGM statement give room for greater optimism?

Most recently commenting on marketing communications company Creston (CRE), I concluded, with the shares then recovering towards 100p, that, although the valuation remained potentially attractive, an unpromising combination of factors saw me retain the caution that has served well since I previously wrote. The following updates with the shares currently at 101.5p on the back of an AGM statement commencing that “the group has had a positive start to the year”...

SWAP

Filthy 40 MoneySwap – death postponed (again)

It was announced on Monday afternoon that stricken ShareProphets AIM-China Filthy Forty play MoneySwap (SWAP) has drawn down another additional £147,000 under a keep-the-lights-on bridging facility whilst it tries to get a refinancing together. It has now borrowed $395,000 of a $200,000 facility, plus three extensions. Oh, and its CEO walked last week, with (apparently) non-Exec Chairman Craig Niven stepping in as interim CEO. Except on Monday he was still being noted as non-Exec in the RNS.

BHRD

Be Heard Group May Be Small, But It May Be Heard in the Winner's List...

Hello Share Swaddlers. There are some companies which don't appeal to me because I prefer businesses which do solid trade in things like engineering, transport, oil, mining, banking and the like. Some may caustically say: much good has it done me. And so I sometimes look for companies with a more esoteric feel (to me anyway) to try and redress the balance.

ASHM

Reports of Ashmore's death were greatly exaggerated: keep buying

Ashmore’s (ASHM) final results were announced this morning. They look pretty good to me, so I'm staying bullish!

Bearcast
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Tom Winnifrith Bearcast: Big Dave Lenigas comeback - jumps on board a dog with fleas

Actually we own a few Anglo African (AAAP) and I am sure that Big Dave Lenigas will promote it well so all power to his elbow. But I have to say that it has beena total dog to date and I don't rate its assets so I am not encouraging to to hop on board. Anyhow its shares are all over the place and so am I as I now have to take the Mrs to hospital for an unplanned scan. Just six days to go. The cot assembling I mentioned yesterday is not going well, it is a frigging nightmare. Re companies I today cover Haike Chemical (HAIK), African Potash (AFPO) - are you listening Memery Crystal, I have a little treat for you but it must wait another day now - InternetQ (INTQ), Interquest (ITQ), ECR Minerals (ECR) and Mkango Resources (MKA) 

Ben_Dover
premium content

The Chairman's Blog 10: Sir Benjamin Dover of Global Mining Endeavours is stranded in France and needs help from Chris Cleverley again

Following the example set by Paul Warwick the chairman of worthless penny stock Andalas (ADL) in starting a blog, Sir Benjamin Dover of AIM listed Global Mining Endeavours has decided to follow suit and like Paul promises to be Candid in his approach. Blog number ten....

GBO
premium content

Photo Story: Crime does pay if you are an AIM CEO - check out where Costis Papadimitrakopoulos from Globo is hanging out?

You remember Globo (GBO) don't you? It was the AIM listed Greek company based down the road in Athens from the InternetQ (INTQ) Norfolk which claimed to be profitable and drowning in cash. Except it was not. In the days before we exposed it HERE and got its shares suspended and the firm put into administration, CEO Costis Papadimitrakopoulos sold millions of pounds worth of Globo shares knowing what was to emerge as snot gobbler Dan McCrum of the FT had tipped him off without actually having the balls to break the story. So Costis is clearly a crook but crime does not pay does it? Well it seems that for AIM CEOs like Costis it does.

HAIK
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Filthy 40 Haike Chemical – yet more Red Flags as it admits 50% overstatement in trading update

ShareProphets AIM-China Filthy Forty play Haike Chemical (HAIK) took the biscuit this morning with an update that its last trading statement was just sheer hogwash. If it was uninvestable before, finding out that an “administrative oversight” led to a 50% overstatement of revenue which has taken almost seven weeks to come to light ought to have investors shying away from their bargepoles even if wearing asbestos gloves.

MOS
premium content

Mobile Streams - “a significant initial milestone in India”, Really? …

Shares in mobile media company, Mobile Streams (MOS) are currently more than 170% higher, at above 11p, on the back of an announcement that the company has reached 50,000 ‘active subscribers’ in India. Hmmm…

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