Ahead of a 9th September General Meeting after a requisition from largest shareholder Toscafund, Speedy Hire (SDY) has followed a circular hitting back with an announcement of a sale of its large mechanical plant fleet…
A rushed day, back to hospital in five minutes. Ahead I discuss why mug punters and Justin the Clown love blue sky rubbish like Cloudtag (CTAG) but not value plays. I discuss three value plays I know well two of which we own: San Leon (SLE), Obtala (OBT) and Guscio (GUSC). Boring is sexy. Then I look at a non value stock mugs like, North River Resources (NRRP). Then I discuss how one plays the game: fraud hunter vs fraudsters and yes that might involve producing mugs!
Robot technology to enhance the mobility of wheelchair users-focused Rex Bionics (RXB) has announced results for its year ended 31st March 2016 and that this “has been a period of broad progress across all areas, and we are pleased to be able to report to shareholders on the achievement of a number of important milestones during the period”. Hmmm…
Results from the half calendar year from Optibiotix (OPTI) were very pleasing indeed but not orgasmic and that is why the shares are a tad weaker at 69p-72p. They are cheap but punters need to see more. They will not have to wait too long.
Well that is the forecast anyway for those who took part in the San Leon (SLE) placing at 45p details of which were announced today. For once we are on the same side as Tosca Fund which did most of the placing as we also had a modest nibble. Delivery is the key but on those sort of forecasts it would be rude not to invest.
Sheep shagging buffoon Justin the Clown is unrepentant after the Andalas debacle and yesterday transmitted a podcast with the CEO of Cloudtag (CTAG) which is the Bulletin Board Moron ramp de jour. In this podcast I tear into the Clown but also into Cloudtag explaining all the reasons why it is a sell and flagging up the issues the Clown would not tackle as he sucked up to another CEO on the ramp and his moronic audience.
Earlier this month I looked at Entertainment One (ETO) unanimously rejecting a 236p per share takeover proposal from ITV and whether ITV would be back - see HERE. Now we have an “ITV withdraws proposal to acquire eOne” announcement...
Previously, with shares in James Latham (LTHM) at just above 700p, I was deterred by a results statement noting “like for like revenues are 4% higher for April and May than the corresponding period last year… there are some signs that this growth is slowing”. With the shares currently at 670p, I now review following an AGM trading update…
Hello Share Funsters. I don’t like investing in the motor industry because I think we should all do more walking, I hate air pollution and don’t really like driving. But this should not stop my bringing to your attention companies in this line which I think might make you some money. Though you must always do your own research as I could be - and often am - wrong.
Shares in AIM dog Strat Aero (AERO) zoomed ahead by 140% on Monday on the back of a total piece of non news. There was more non news on Tuesday but the shares started slipping back from 1.1p and they fell again today becuase after the pump there was the dump a placing to raise £370,000 pre expenses at just 0.5p. Oooh you bought into the pump at 1.1p - sore bottom time. The shares are now 0.6p to sell. It gets worse.
Having queried earlier this week why Allied Minds (ALM) sought to open a credit facility with a US bank, I was looking forward to the release of the company’s half-year report this morning. It’s been a busy period for the company, with new rounds of capital raising and new investments across a range of subsidiaries.
zamano (ZMNO) has announced results for the first half of 2016, with a first two “Highlights” of “sales increased by 80.2% to €18.748M” and “zamano continued to improve its balance sheet position, with cash of €7.430M at 30 June 2016”, so why are the shares currently further lower below 10p? …
Stewart Dickson of Nomad Cantor Fitzgerald is today exposed for his role in the scandal at African Potash (AFPO) as the company misled investors ahead of a bailout placing, as it committed fraud. You can read about Dickson's role HERE as we launch the "Fire Stewart Dickson to clean up AIM campaign."
My father wants it known that my podcast joke about 14th century pews shows how ignorant his son is as pews only arrived in churches in the nineteenth century. Moving on...I look at how events at Taihua (TAIH) and African Potash (AFPO) show what a joke regulation on AIM has become. I comment on Blenheim Natural Resources (BNR), Strat Aero (AERO), Avanti Capital (AVA) and its chairman Phil "InterX" Crawford and his other charge Lombard Risk (LRM). I look at Coral Products (CRU) where you need to dig beneath headline numbers and then I comment on Optibiotix (OPTI)
Well this is a most bizarre situation. ShareProphets AIM-China Filthy Forty play Taihua (TAIH) has announced an underwritten one-for-three Open Offer at a 134% premium so that it can fund a share buy-back (and keep back a few quid for working capital). Has the company been taking too many doses of its own medicine?
My man in London has provided me with a new email sent by African Potash (AFPO) CEO lyin' Chris Cleverley. This now allows me to publish the contract signed with Beryl Holdings, so demonstrating to you all how misleading the announcement by Potash was and also the bung involved in this deal. More critically I can now demonstrate the individuals at City firms who were aware how misleading the RNS was and - given that Potash was on the pathway to a placing - how fraudulent that is. Those City figures I name and shame should now all be placed on immediate workplace suspension ahead of a formal enquiry.
The latest trading update from Jubilee Platinum (JLP) is nearly all good news. The update covers the Dilokong Chrome mine tailings project (DCM) and the Hernic PGM-bearing chrome tailings project.
For some reason Arian Silver (AGQ) seems to be a favourite with PIs, but it seems to be just another AIM resource company that has achieved very little during its life and looks to be on its last legs!
“LoopUp Group plc (LOOP), a global software-as-a-service provider of remote meetings, is pleased to announce… admission of its ordinary shares to trading on the AIM market… The reception from investors… reinforces our belief that our differentiated product, business model and plans for the future provide the foundation needed to deliver on our potential as a public company”. With the shares currently at 112.5p, up from a 100p admission price, let’s take a look…
This short research note from Palisade Capital is interesting. It is just another way of explaining why gold is mis-priced and should be far higher, one reason we retain such a strong weighting in gold stocks in our portfolio. Palisade writes:
Following complaints from shamed share ramper Roger Lawson, ADVFN has insisted on a raft of new editorial controls on OneFreeShareTip.com. I did not re-start my life five years ago to be told what I could or could not write. I said no and ADVFN boss Clem Chambers has just said that the website will be shut down. So...our hand is forced ... Welcome to fivefreesharetips.com - we hope you join NOW HERE.
The August edition of the UK Investor Show Magazine is live featuring six share tips, the one gold share that all must own, and six reasons why the stock market may crash in 2017 and much more.
Earlier this month in Neil Woodford - how long before The Deadwood Press admits that he does not walk on water?, Tom noted a bad record – recently including Provident Financial (PFG). The Mail on Sunday had written “the FTSE 250 doorstep lender whose profits halved after it struggled to move to a new operating model” - the struggles have got considerably worse…
When Neil Woodford launched his Patient Capital Trust (WCPT) to much fanfare in 2015, everyone waited expectantly to see how he would start spending the £800 million war chest and so one had high hopes in April 2015 with the announcement of the first investment for the fund, namely a £4 million investment in an exciting quoted biotech play, Sphere Medial Holdings (SPHR). As an announcement last night showed, it has been as successful (or not) as one of his other uber-dogs RM2 International (RM2).
Once again I return to the subject of the company on AIM with the stupidest bunch of shareholders. The auditors of Bushveld Minerals (BMN) have stated explicitly that the company needs to raise fresh equity to avoid going tits up but shareholders respond by saying "how often have auditors got it wrong?" and a range of other excuses. They just do not get it at all, it is placing ahoy. Now the company has news today which the morons who own this stock seem to think is good. Ina private email this morning a top City broker put it thus:
A surprise announcement from AIM-listed Management Resource Solutions (MRS) at 9.49am detailing board and management changes. At that time of day it hardly looks routine and it wasn’t.
On Monday 13th February, Tom Winnifrith noted a crazy market for resource juniors and that, as an experiment, we'd track a 'Dirty Dozen' of such stocks after 1 week, 1 month, 3 months, 6 months and on December 31. Here is a slightly late (so slightly longer than) 6 month update...
Hello, Share Mixers. As you may have gathered, I favour investment in all four big British banks at the mo. My main reason is that each time one of them announces new figures, its balance sheet seems to have improved nicely and the share price usually shoots up.
We asked you for suitable captions for the picture below of the leather man who took over from the cowboy as CEO of the Telit (TCM) village people. I refer, of course, to insider dealer Yosi Fait. You offered numerous suggestions as you can see HERE but there can be only one winner and it is
This week's Bulletin Board Moron contest is sponsored by the AIM Markets, the world's most successful growth market, now only slightly smaller than it was last year.
I wrote at the weekend about the surprising lack of TR-1’s at Red Leopard Holdings (RLH), particularly from the largest shareholder Spreadex, with the company having gone into suspension pending an RTO. Well, as if by magic, they arrived yesterday, after hours of course.
It was around a year ago that I wrote an article about one of my then tips of the year BHP Billiton (BLT) observing that the world's largest mining company had just made billions of dollars of losses...but correctly the share price was going up. Billiton was a nice solid pick for 2016 but so far this year the share has been more volatile than remunerative.
NEX Exchange listed UK Investor Show sponsor First Sentinel (FSEN) announced its move into the public markets via IPO in May 2017 and is already pushing forward with investment opportunities often reserved for institutional groups and inaccessible to retail investors. Due to management’s extensive experience and involvement in the UK, and global financial markets, First Sentinel provides value to shareholders through its unique access to a wide variety of pre-IPO, IPO, mezzanine and senior financing opportunities. The company employs a proprietary risk-control investment strategy that seeks strong upside potential while ensuring maximum downside protection.
Since our previous update, Pembridge Resources (PERE) has followed the likes of Geong International and co in 'Geong, Geong' and then Gone from the ShareProphets China AIM 'Filthy Forty'...
Self-described ‘talent acquisition & advisory services’ company Norman Broadbent (NBB) “announces the appointment of Gary Browning as Strategic Adviser to the Board and CEO, the appointment of WH Ireland as Nominated Adviser and Broker, the issue of a £300,000 loan note and the commencement of CFO succession planning”. Hmmm…
Too many years ago to remember as a fledgling analyst and junior portfolio manager, I was told by an old hand that 'WPP is the company with the greatest correlation to the FTSE-100'. I have no idea - nor the boring Excel skills - to say whether this is true but the notion that the world's largest advertising company should broadly share the same ups and downs as the very international main UK market index makes quite a bit of sense.
Hello, Share Smugglers. The main staples of your portfolio, I should imagine, are in these popular sectors; oil, banks, pharmaceuticals, utilities and insurance. I could be wrong, but history shows that people who invested in these areas years ago still hold the stock.
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