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

AO

AO World – shares ahead on Q1 trading statement. Hmmm…

Having long been bearish, I note shares in online electrical retailer AO World (AO.) are currently more than 10% higher today, at 148p, on the back of an AGM (and first quarter) trading statement. Let’s take a look…

MIN

Minoan Interims - buy

At this stage financials are not the key driver but for what it is worth Minoan (MIN) published its results for the six months to 30 April on Bastille Day claiming to be making progress in both divisions: Greek property at Cave Sidero and Travel & Leisure.

FFWD
premium content

FastForward and its Yooya metrics this now becomes utterly laughable, beyond parody

Even the Quindell fraudster Rob Terry would have been ashamed of this nonsense. Yesterday I flagged up how the latest ramptastic RNS from FastForward (FFWD) was sheer bollocks in the made up numbers department. Today the company has responded with an explanation which will have you pissing yourself. It is so utterly mad that the company's Nomad must surely be considering its position (or have no shame). This is sheer comedy.

FJET
premium content

Fastjet – Fund managers request to pay more because they don’t want to own too many shares

The remarkable placing document which has finally been released says more about Fastjet’s (FJET) hapless shareholders than it does about the company itself.

NICL
premium content

Nichols - Britain's answer to Coke keeps powering ahead, but when should investors buy it?

ShareProphets readers already know that they have the chance to buy into Coke’s long-term success through buying shares in Coca-Cola Hellenic (CCH). But there is always the choice to buy into Britain’s own answer to Coke, the humble but long-term success story that is Nichols (NICL).

Bearcast
premium content

Tom Winnifrith Bearcast: £2 for a fecking Guardian "Newspaper" for my Dad, I feel dirty & violated

I had to buy another Guardian for my Dad today. Two fecking quid of my money has gone to Polly fecking Toynbee to pay for the upkeep of her fecking Tuscan castle as she lectures me about all sorts of shite. I feel dirty for buying this rag and violated by the transfer of wealth from me to Toynbee. Moving on I cover Gulf Keystone (GKP), FairFX (FFX), Osirium Technologies (OSI) which I do not get at all and contrast with Falanx (FLX) which I do very much get and whose shares we own. I also look at WH Ireland (WHI), Servision (SEV) and Easyjet (EZJ) which gives me a chance to be rude to Andrew Monk at VSA Resources.

MONI
premium content

Monitise – MONI, MONI, MONI, another “Trading Update” that’s not funny for shareholders

Long-time specialist in draining shareholder money (sorry, “specialist in financial services technology focused on accelerating the digital transformation of banks and financial institutions”), Monitise (MONI) commences the first two bullet points of a trading update with “in line with previous guidance”, though the last includes that it “expects FY 2017 revenue to be lower than FY 2016 as a result of the continuing transition for the business”. Uh oh…

TERN
premium content

Tern – debtors paying up at Flexiant businesses but how much has had to be sunk in to get trading resumed?

AIM-listed jam-tomorrow investment company Tern plc (TERN) has released an upbeat statement regarding its recent purchase of Flexiant assets out of administration. I’m sure this has nothing to do with shoring up a flagging share price as it threatens to drop below the 8p placing price announced two days ago.

FLX
premium content

Falanx Group - Dismal Results but that is no shock - future bright: Buy

Falanx Group (FLX) says that its results for the year to 31 March 2016 were in line with expectation. Put another way, they were predictably dire with sales coming in at £1.81 million, down from £1.92 million) and the loss before taxation hitting £2.65 million, up from £2.20 million. However...

WTG
premium content

Scoop: Ingenie Canada to Wind Down Operations - oh dear another Quindell fraud write-off for Watchstone

Oh dear, oh dear, oh dear., if my father had not drunk it all, it would be another ouzo moment for the Sheriff of AIM with news that Ingenie Canada is no more. We have been warning for ages that the Toronto based frauds of Rob Terry were falling apart but Watchstone Group (WTG), the rebranded Quindell has been in denial. There you go.

IQE

The Welsh Wafer Firm Gets a Share Boost - and It Could Be Justified

Hello Share Fiends. As ARM (ARM) is likely to be taken over at a juicy premium for shareholders of 42% on the pre-news price, it is only fitting that we look at another company in (very) roughly the same line of business. It is another of my limited stable of technological shares and it's called IQE (IQE). 

BEG
premium content

Begbies Traynor - Not Really trained in logic when it comes to Brexit are we chaps?

My father would suggest that those who run insolvency firm Begbies Traynor (BEG) really are not scholars and gentlemen when it comes to their latest pronouncement on Brexit and how UK firms are struggling. I am kinder so shall leave it with an observation that, unlike my father, myself and David Cameron, the Begbies fellows probably did not study logic at Oxford.

RNO

Renold plc – review of post-profit warning AGM & “Directorate Change” announcements

Having warned on profit in February – as reviewed HERE, today there is an AGM update and a “Directorate Change” announcement from industrial chains and related power transmission products company Renold (RNO). Let’s take a look…

LED
premium content

Hooray!! Deputy Sheriff 1, Oxymorons 0 as F40 LED International heads to Death Row

Marcus Stuttard, head of AIM! Xavier Rolet, head of the LSE. Oxymorons of AIM Regulation! Your boys took one hell of a beating, one hell of a beating!! Yes folks, it is game, set and match to the Deputy Sheriff as the immediate resignation of both the Nomad and the Chairman of ShareProphets AIM-China Filthy Forty play LED International Holdings (LED) was announced today at eighteen minutes past midday.

BOX

Boxhill Technologies: Oink, oink - troughing of the highest order

I noticed that Boxhill Technologies (BOX) issued a notice of its AGM on Tuesday asking for approval of a significant option scheme, but thought I’d wait to see the detail in the actual notice before commenting. Not good!

WIZZ
premium content

Wizz Air - The Ryanair of the East posts top results: Buy!

Those who have read our coverage of Fastjet (FJET) on this website know that we have no qualms about warnings investors away from worthless airlines. But I believe there are worthwhile alternatives, and Wizz Air (WIZZ) happens to be one of them. The airline today posted record Q1 results.

Bearcast
premium content

Tom Winnifrith Bearcast The blessed Mel for Dad but Steve Moore & Gary Newman fired!

I had to buy a copy of the Guardian for Dad today and carry it home through the streets from the newsagent. How I am shamed in front of my neighbours. Meanwhile dad is reading books I own by Peter Hitchens, Niall Ferguson and Melanie Phillips and is loving them, as his inner reactionary is exposed. On the markets I look at Servision (SEV), Xtract Energy (XTR) - Steve Moore and Gary Newman you are FIRED! - Gulf Keystone (GKP), Taihua (FRAUD), Oxford Pharma (OXP), Judges Scientific (JDG) and another bad day for disgraced Roger "Ramper" Lawson of ShareSoc, Kennedy Ventures (KENV) and finally the poltroons stock of choice for today, Nyota (NYO).

FFWD
premium content

FastForward - ramptastic update ahead of placing: but the numbers do not add up

In this , the 29th week of 2016, over-ramped bubble stock FastForward Innovations (FFWD) has just issued its 43rd RNS of the year. Pump, pump, pump...the dump is on its way. As a bonus the numbers in today's statement simply do not add up at all. It is pure shite but maybe the morons will buy it because another placing is on the way. Today's update concerns a Chinese Company called Yooya in which FastForward has invested.

CHAL
premium content

Challenger Acquisitions – Good news, some money…..but just a couple more questions

Potentially good news coming out of Challenger Acquisitions (CHAL) this morning, although it does beg a few questions if you don’t mind me adding them to my list, Mark?

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

 

CTAI

Catenai – monster dilution

Time left: 07:34:46