ShareProphets

Saturday 22 July 2017 The one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares


17 July 2017, 10:02 | By Tom Winnifrith |

New Bulletin Board Moron of the week PRIZE contest sponsored by Disgraced share Ramper Roger Lawson

Today's the day that African Potash gets slung from the NEX markets or has the rules bent for them, so in normal circumstances it would sponsor this week's contest. But there is an even better sponsor, step forward disgraced share ramper Roger Lawson of ShareSoc infamy who will donate some of the Globo shares he owns as a prize.  Natch, Ramper Lawson sold most of his Globo shares before telling readers to sell, but he still has some left and even offered to help the management take the company forward.

12 July 2017, 10:36 | By ShareProphets |

8 tips, CEO interviews with Wishbone & Optibiotix & much more - The July edition of the UK Investor Show magazine is now live

The July edition of the UK Investor Show Magazine is live featuring eight share tips, a question of life after the Tories, a special book offer, CEO interviews with Optibiotix (OPTI) and Wishbone (WSBN) and much more.

 

23 July 2016, 10:33 | By Pizza Hardman Darren Atwater |

Google makes a double-plus good comment on Darren Winters

If any entity could become Big Brother in reality, Google is an excellent candidate. Which makes their ad choice on ShareProphets true goodthink.

23 July 2016, 10:32 | By Tom Winnifrith |

Tom Winnifrith Bearcast: Mad Bull Malcolm Stacey just so wrong about the stockmarket (again!)

I am at my father's house in Shipston for my step mother's funeral. Their garden is magnificent and it is a wonderful day in this pretty Warwickshire town. Ahead of that I have a few words on the latest bullish offering from Malcolm Stacey - HERE. Malcolm is just plain wrong.

23 July 2016, 09:51 | By Tom Winnifrith |

Hang Your Hat on Small Cap Private Placements In Gold Stocks

It often takes one year of gains for the typical investor to get interested in something in the stock market, which is where we are approaching with gold right now claims gold guru Mike Swanson. Investing in the first year of this bull market is a great strategy. The bull market for precious metals and mining stocks will likely last 3-5 years so Mike reckons you should be 20% invested in gold stocks and thinks this might be the biggest bull market we will see in our lifetime.

23 July 2016, 08:41 | By Lucian Miers |

Purecircle gets Curiouser and Curiouser

Last year Purecircle (PURE) earned $4 million. Since then it has lost its finance director, its chief operating officer, its broker and its auditor. There has also been no shortage of insider selling. Its market capitalization? £555 million. Welcome to the whacky world of Purecircle, purveyors of stevia, a plant-based sugar substitute.

23 July 2016, 08:05 | By Steve Moore |

Superglass Holdings – recommended takeover offer; from Russia with a bailout for shareholders

Manufacturer of glass wool and mineral fibre insulation products, Superglass (SPGH) has announced a 5.6p per share, £8.7 million, takeover offer from Inflection Management Corp which it is recommending to shareholders...

23 July 2016, 07:19 | By Tom Winnifrith |

Eric Sprott: As the Fed Loses Control Gold Prices Will Soar

2016 has been exciting so far for gold investors. In the opinion of the world's best known precious metals investor Eric Sprott, what is happening to gold and gold shares is stunning. The average gold stock is up 160% in less than 6 months, and Eric thinks gold will easily go to $2,000.

23 July 2016, 07:19 | By Tom Winnifrith |

Are the UKLA staff all crack whores or just brain dead? New Worthington shambles

Today I must ask the very serious question: are the staff at the UKLA down at Canary Wharf all crack whores or are they just the stupidest folks in Britain. I ask this question because of the latest news from fraud Worthington (WRN).

23 July 2016, 07:18 | By Malcolm Stacey |

Shares Should Shoot Past 7,000, Despite what the Gloomsters Say.

Hello Share Shapers. I've had a very eventful week. My ARM (ARM) and IQE (IQE) holdings, both rather similar companies, both shot ahead. One on a take-over probability (ARM) the other on a bullish trading update. Such are the possibilities of our golden game, that a whole year of lacklustre performance for my portfolio was suddenly bounced back into the black. That's why we should never despair, gang. There is always a good story for us lurking round the next corner. And the rewards we accrue can sometimes be nearly as good as winning the pools.

22 July 2016, 13:45 | By Steve Moore |

Sprue Aegis – H1 operating loss lower than feared, but what about the full-year and outlook?

I commented on home safety products supplier Sprue Aegis (SPRP) in April as its shares were crashing on the back of a profit warning plus - see HERE. The following updates with the shares currently up today, to 181.5p, on the back of a trading update ahead of late September-expected results for the first half of 2016...

22 July 2016, 13:25 | By Tom Winnifrith |

We take up the case of a 4th person fleeced by Charlatan Darren Winters - J's shocking story

We are now working with FOUR victims of snake oil salesman, the charlatan Darren Winters as we fund their Court cases as they try to stop Winters stealing more of their cash. The dirtbag Winters has yet to do anything about his threat to sue me for libel for calling him a charlatan and a snake oil salesman which is a pain as I really want to see him and his ghastly Mrs in Court. I guess the bitchez are scared. But here is an update on three other cases plus the tale of No 4 - J.

22 July 2016, 12:59 | By Tom Winnifrith |

Alecto Minerals at 0.08p worth 0.31p claims Belfort Securities

I really don't take any notice at all of most (no make that nearly all) resaerch from Beaufort Securities but its mining analyst Sheldon Modeland is a sensible fellow and thus I bring you his latest note on Alecto Minerals (ALO). 

22 July 2016, 11:47 | By Tom Winnifrith |

Tom Winnifrith Bearcast - looking back to 2001 and forward to 5PM today

I start by looking at the collapse of Crowdmix and how it so remoinds me of 2001 and what is says about the tech bubble, someting that is very much on my mind right now, as you can see HERE. Then I look forward to tomorrow in Shipston but more imprtantly to the demise, later today, of Worthington (WRN). I cover Ariana Resources (AAU) where I am cross and puzzled, Advanced Oncotherapy (AVO) - how is the placing going Belfort? - Weatherley (WTI) and Ferrum Crescent (FCR)

22 July 2016, 11:01 | By Tom Winnifrith & Steve Moore |

Safestyle, sod Brexit scaremongering, cracking trading update

Brexit vote fallout saw shares in retailer and manufacturer of PVCu replacement windows and doors, Safestyle UK (SFE) decline from more than 260p towards 200p, before recovering towards 240p. The recovery has now been further aided by a half year trading update.

22 July 2016, 11:01 | By Steve Moore |

LSL – initial acceleration of activity attributed to changes to Stamp Duty, but Profit Warning now to Brexit. Hmmm…

“Trading Update” announcement from residential property services company, incorporating both estate agency and surveying businesses, LSL Property Services (LSL) commences that the company “expects to report strong interim results on 2nd August… delivering growth across all major revenue lines” and that “the group performed strongly in quarter one”. Good, goo… what’s that? “full year group operating profit will be significantly lower than previously anticipated”

22 July 2016, 10:52 | By Tom Winnifrith, The Sheriff of AIM |

SHOCKING: Horse Hill & UK Oil & Gas: why will no one explain who just made a million quid?

UK Oil & Gas (UKOG) has today announced that it has bought another 6% of Horse Hill Developments, 3.9% of the Horse Hill Field for £1 million. The deal makes no sense at all and stinks at every level. Here is why.

22 July 2016, 10:10 | By Nigel Somerville, the Deputy Sheriff of AIM |

President Energy (oink, oink) – Placing ahoy?

I see that AIM-listed President Energy (PPC) has this morning announced the appointment of a new joint broker in the form of BMO Capital Markets Ltd. One’s suspicions are, of course, immediately raised: an energy company (hardly a happy sector at the moment) appointing a new broker? Is it placing ahoy?

22 July 2016, 08:39 | By Tom Winnifrith |

Could Pokemon GO be the straw that bursts the tech bubble?

For those not familiar with Pokemon GO it is a the new game that young folks play on their smartphones across the globe. Instead of going on demonstrations against a democratic process they forgot to take part in, the youth of today addle their tiny minds on this game. I demonstrate my point with this recorded 999 call to Gloucester Police.

22 July 2016, 08:05 | By Steve Moore |

Fitbug – snubbed open offer gives directors chance to demonstrate their confidence, BUT…

“Further to the Result of Open Offer announcement of 20 July 2016, the directors… of (Fitbug, FITB)… have indicated their intention to subscribe, at a price of 0.25p per share, for certain open offer shares that have not been subscribed for by qualifying shareholders”. Good, good – a chance for them to demonstrate confidence in the June results statement pronouncement that “the building blocks of a successful business are now in place” then? Erm…

22 July 2016, 08:00 | By Malcolm Stacey |

Fair Exchange is No Robbery - in Fact, It Could Be a Fair Old Winner.

Hello Share Swiggers. It's not that long ago that I suggested you might take a look at FairFX (FFX). This is a firm which makes spending abroad a bit cheaper by allowing you to top up on card which you can use to collect spending money on foreign holidays and business trips. Companies also use its services - and they are growing impressively in number. The prepaid cash card I use is the Caxton card and I find it very useful. But FairFX has just put out a trading statement which should also make investors sit up.

21 July 2016, 15:11 | By Tom Winnifrith |

Petropavlovsk: Trading statement and company chat

Most gold shares have soared over the past few months. Petropavlovsk (POG) shares, which we own, have not. At C7p we are ahead of our tip but not by much. It is disappointing and we apologise. But we have not lost faith. There are reasons for the lacklustre showing which came through in a first half trading statement and in a long chat with CEO Pavel Maslovskiy and chairman Peter Hambro.

7 days ago | By Comrade Darren Atwater |

Notes from Underground - Hey! You! Get off of my (Sound)cloud

Considering that Tom is on leave and won't be returning to Bearcasts in September, it's interesting to note that two items on the top-10 leaderboard are Tom's Bearcasts. We look forward to their increased popularity when he officially returns to them.

7 days ago | By Tom Winnifrith, The Sheriff of AIM |

Who has been daft enough to send Tom Winnifrith a lawyer's letter? 92% of you guessed wrongly

Five days ago someone who you would say had  a career death wish, if he had actually got a career, sent me a fascist lawyers letter demanding that I pull all articles on him (going back 40 months) pay him damages, never write about him again and publish a grovelling apology dictated by him. I asked you to guess who has been so daft and 92% of you got it wrong.

6 days ago | By Tom Winnifrith, The Sheriff of AIM |

Why a research note from a house broker is just so much shite - possibly the worst note of 2017, Arden on the Mercantile Norfolk

The house broker on AIM earns its money not from investors but from corporates. It banks £2-4,000 a month as a retainer and then makes 5% commission on any funds it raises. Lovely jubbly, coke and hookers all round. Of course that makes its research less than impartial. Prostitutes do not tell their clients that they have a small dick and so you would not expect Arden Partners to conclude that shares in Mercantile Ports & Logistics (MPL) are worthless crap, which they are. Welcome to a strong contender for the worst research note of the year to date.

6 days ago | By HotStockRockets |

Premaitha - new Thermo Fisher loan: sends strong message to Illumina: BUY

Premaitha Health (NIPT) has announced that it has entered into a further extension of the investment agreement with Thermo Fisher Scientific  announced on 14 December 2015 and extended as announced on 23 September 2016. This is good news.

6 days ago | By Nigel Somerville, the Deputy Sheriff of AIM |

AIM-China Grand Group – anything to see?

I’ve covered AIM-China Grand Group (GIPO) a couple of times already but there is something fishy about the share price movement over the last few days. Surely even Marcus Stuttard’s oxyorons at AIM Regulation will view what follows with some interest. Remember, the company claims to have about £25 million of cash as a cash shell and the market closed on Friday with the company worth just £2 million.

6 days ago | By Tom Winnifrith, The Sheriff of AIM |

See you in Court Bitchez Odd one out Contest

Okay this is easy as pie. I bring you a dodgy bubble, a disgraced share ramper, the King of the fraudsters, lyin' Chris, the head of a formerly AIM listed POS where 1/6 of the staff were family members and Jimmyliar himself. Which is the odd one out and why? Post your answers in the comments section below with a deadline of 7 AM Monday Morning.

6 days ago | By Tom Winnifrith, The Sheriff of AIM |

Tom Winnifrith Bearcast: Here's the fascist lawyers letter from disgraced share ramper Roger Lawson of Sharesoc - and a response

A formal response to disgraced ShareSoc share ramper Roger Lawson's fascist lawyers letter will follow in due course. But in this detailed podcast I explain why the letter he sent is so pitiful and wrong and why I shall fight to ensure that his antics are exposed. It would set a very bad precedent were there to be any other result. For ShareSoc the implications of this case are laid out and it will not enjoy what is set to unfold one little bit.

6 days ago | By Malcolm Stacey |

Why I'm Happy to Make More Mistakes than Beginners Do

Hello Share Scramblers. The distinguished Darren Atwater’s Notes from Underground inform us that 62,000 individual readers graced this wonderful website last week. Which suggests that huge numbers are ignoring that hoary old advice about ‘Going away in May’ and are still currently active.

6 days ago | By Gary Newman |

Fishing retailer Angling Direct lists on AIM - but does it offer value?

Following the successful floatation of Fishing Republic (FISH) a couple of years back, it was only a matter of time before one of the other large fishing tackle retailers followed the same route, and we’ve just seen Angling Direct (ANG) list on the AIM market.

6 days ago | By Lucian Miers |

Déjà Vu at UK Oil & Gas: A Sell

In April 2015, at Waterloo station I looked up and saw, on a giant television screen streaming live Sky News, the portly figure of colourful Australian share promotor David Lenigas making wild and, as it turned out, unsubstantiated claims about the ‘Gatwick Gusher’, the voguish oil play situated on the Sussex Weald. Instinctively, I reached for my phone and shorted UK Oil & Gas (UKOG) which had trebled to 3p on the excitement.

5 days ago | By Tom Winnifrith, The Sheriff of AIM |

MySQUAR - the out of the money warrant exercise that tells you its placing ahoy and this is a slam dunk Norfolk

For the second time in a week we have seen share options exercised at AIM listed Norfolk MySQUAR (MYSQ) - this time it is 1.875 million warrants exercised at 5.5p which will add £103,125 to the coffers. that is kind of handy for this cash guzzler which is close to running on fumes. But this is a spoof.

6 days ago | By Hackney Champagne Socialist Darren Atwater |

Winner of the Bulletin Board & Twitter Moron of the week sponsored by the returning Quenron gang of Shysters

It's a duopoly of duds this week. What to do? There were few entries last week, which seems to show that the bulletin board posters on LSE and ADVFN and III have all been sensible and humble for the past seven days.

5 days ago | By Nigel Somerville, the Deputy Sheriff of AIM |

AIM-China Grand Group – oh dear, now the Chairman walks. Get out!

AIM-China investment company Grand Group (GIPO) has announced the departure of its Chairman. It may not formally be one of our Filthy Forty, but it sure is doing its best to make the grade.

5 days ago | By Cynical Bear |

Fandango Holdings: Give me strength – an absolute shoe-in to the Sub-Standard Shockers XI squad

My heart sunk last week as I noted that the Plutus Powergen (PPG) boys were at it again with their third Sub-Standard List effort coming to the market in just over a year, despite the first two efforts being absolute flops. Oh well, welcome Fandango Holdings (FHP), you’re in the squad– let’s take a look.

5 days ago | By Tom Winnifrith |

Wanna buy shares at 11 cents when a £3.50 bid has been tabled? Welcome to the crazy world of Africa New Energy

Back in February 2017 I was contacted by a private company Africa New Energy asking if I wanted to buy shares in a placing at 11 cents. Since the company is run by Stephen Larkin, a man who takes advice from loathsome Richard "Gollum" Gill I was nor rushing to sign up. But then I was told, but we are going to be taken over soon at 350p per share a bid has been tabled! Er... so is this placing not sort of insider dealing I asked?

5 days ago | By Steve Moore |

Proxama – new agreement announcements now being seen through?

Proxama (PROX) has announced an “important” partnership agreement with Rail Delivery Group, a group which brings together train operators and Network Rail. The shares have currently though responded to see them amongst the biggest fallers on the day…

5 days ago | By David Scott |

On Borrowed Time

There are a number of things you don’t want to hear a central banker say. One of these was recently spoken by Janet Yellen when she said “I don’t believe we will see another financial crisis in our lifetime.” That has to be up there with Irving Fisher’s seminal observation of 17 October 1929 when he said "Stock prices have reached what looks like a permanently high plateau" or John Maynard Keynes’ equally adept forecast from 1927 that "We will not have any more crashes in our time." We are in the Mother of all bubbles and in relation to equity and bond markets we can define these bubbles by longevity (how long has the Bull Run lasted), or valuation (how expensive is the market now).

12 hours ago | By Tom Winnifrith, The Sheriff of AIM |

Tom Winnifrith Bearcast - The PLC Death List Update - 9 new entrants

I started the PLC death list in June 2015 with 21 members. The aim is to pick stocks that will either go bust or get slung off the AIM Casino. Each departure requires a nreplacement. With nine new entrants today 40 names have joined this select group. So far there have been two outright failures on my part, Mariana Resources (MARL) and Jersey Oil & Gas (JOG). There was one volte face but I was ahead at volte face point and it was a great call both short and long - Wandisco (WAND), two near kills, InternetQ (INTQ) and Monitise (MONI) and thirteen slam dunk kills: Cloudtag (CTAG), Worthington (WRN), African Potash (AFPO), Jiasen (JSI), Camkids (CAMK), China Chaintek (CTAK), JQW (JQW), Afren (AFR), Daniel Stewart (DAN), Sefton (SER), Outsourcey (OUT - boy I enjoyed that one - Afriag (AFRI) and Auhua. So 13 out of 31 = 40%+ - not bad eh?  Arguably that is 15 out of 31 - almost 50%! That leaves:

1 day ago | By Tom Winnifrith, The Sheriff of AIM |

SHOCKING: Nyota - the killer emails: Peterhouse has defrauded investors and misled them

Our exclusive Winnileaks service has obtained a series of emails from May 3rd 2017 which show that Peterhouse Corporate Finance has misled investors in Nyota Minerals (NYO) - these emails compound the damning evidence of the secret document I published on Wednesday. This is so damning that maybe even the useless clowns at AIM Regulation will take an interest.

12 hours ago | By Tom Winnifrith |

Tom Winnifrith Bearcast: The ponzi of the UK state pension, 15 million job losses and the failure of the British State

I wrote an article yesterday on my own website about the ponzi that is the UK state pension and how it is bound to collapse unless very hard choices are made which they will not be. I note a lot of smart comments were posted by readers on that article so delve deeper into this issue but go on to address other massive changes that will hit the UK workforce and how the State is in total denial about how it will cope. It comes up with bad solutions or no solutions but the net result is that in 20 years time you and I will not be able to rely on the State for anything at all - so what should we all do now?

1 day ago | By Tom Winnifrith |

Bitcoin or gold - which is the real safe haven or store of value?

Naturally Sprott Asset Management, as the world's best known resource investor, favours gold but, and this may surprise you, it does see a case for bitcoin exposure. Its latest monthly report discusses the battle: Bitcoin vs Gold. Over to analyst Trey Reik who writes:

1 day ago | By Tom Winnifrith & Steve Moore |

R4E - Very good news on the banking front: At up to 1.6p BUY

For months, shares in R4E (R4E) have been held back because it was in technical breach of the covenants on its bank debt. We never expected the bank to pull with Nigel Wray and Johnny Hon owning c50% of the equity and standing behind the firm. But some BB savants knew better...they always do.

1 day ago | By Tom Winnifrith |

Conroy Gold - boardroom coup now surely a slam dunk as Gonella ups his stake

I've known Andrea Gonella for ages. We have never, to my knowledge, met but have oft corresponded by email. He resides, I think, in Belize and seems to spend a lot of his time fishing. Lucky chap. He is also minted and someone who has for ages believed that Conroy Gold & Natural Resources (CGNR) sits on a very interesting gold deposit in some of those counties of Ireland that are part of God's own Kingdom of Ulster but are these days in the Republic of Ireland. However...

12 hours ago | By Lucian Miers |

I stay short of UK Oil & Gas - I'm a Russian and the BBMs are the Germans in the snow

I see that UK Oil & Gas (UKOG) has cemented its position as the nation’s favourite oil tiddler with a stonking rally to 5.1p since my recent short call at 3p. I haven’t received such joyous vitriol on twitter since I called Cloudtag a sell at 7p and saw the shares rise to 20p. Tom Winnifrith gleefully points out that he is glad to see someone take over as the Bulletin Board Moron's No 1 hate figure, at least for now.

1 day ago | By Tom Winnifrith, The Sheriff of AIM |

The Mercantile Ports & Logistics fraud - Arden partners now on the record

Over the past few weeks we have published a string of letters sent by a significant shareholder in AIM listed Norfolk Mercantile Ports & Logistics (MPL) to its Nomad Cenkos so that when Mercantile runs out of other people's money as it surely will, the shamed former adviser on the Quindell (QPP) fraud cannot say that "it did not know." Its role is on the record as you can see in our full coverage HERE. Now that same shareholder has written to Daniel Slater, the analyst at co broker Arden Partners responsible for - arguably - the worst research note of 2017.

12 hours ago | By Tom Winnifrith, The Sheriff of AIM |

Nyota - I fear that its AIM days are very numbered

Last week the Nomad and broker to Nyota Minerals (NYO) announced that they were quitting as of August 17. As I have exposed HERE and HERE the advisers have behaved disgracefully and if there was any justice they would be facing sanction. But I fear that it is Nyota that will suffer.

2 days ago | By Gary Newman |

Central Asia Metals looks a great longer term investment in copper

On the AIM market these days it seems as though many would far rather buy into the latest pump and dump on a piece of junk, than invest in a company that is actually running its business properly and making money. The problem with putting your money into junk is that at some point true value normally shines through and the resultant share price crashes can be spectacular.

12 hours ago | By Malcolm Stacey |

As Oil Shares Could Face a Blacker Future, You Might Look at this Unfashionable Sector Instead.

Hello, Share Muckers. Because I still own far too many oil stocks, I really must take my pruning shears to most of them. We seem to be moving very slowly towards renewables and nuclear, not to mention the march of hybrid cars.

12 hours ago | By ShareProphets |

Table of shorted AIM shares - week to 21/07/2017

From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2016 and thus far in 2017 (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...

12 hours ago | By HotStockRockets |

Metal Tiger – “exciting possibilities” from Botswanan electromagnetic survey

Metal Tiger (MTR) has updated on a preliminary interpretation of airborne electromagnetic geophysics data collected along 50km of the T3 Dome – a largely unexplored structure, where the company’s Botswana joint venture discovered the copper-silver deposit ‘T3’ last year.

1 day ago | By Steve Moore |

Empresaria – H1 trading update merit resumed share price advance?

Having commenced the year at just over 100p, shares in staffing group Empresaria (EMR) reached 168p at the start of last month before slipping back – closing yesterday at 146.5p. However, they are currently 5.5% higher today on the back of a “Trading Update” announcement…

1 day ago | By Steve Moore |

AO World – following continued recent shares slide, does an “AGM and Trading Statement” help?

Shares in AO World (AO.) haven’t even nearly recovered to levels prior to a profit warning in 2015 – and indeed have recently been sliding further. Does an “AGM and Trading Statement” announcement today help?...

2 days ago | By Malcolm Stacey |

EasyJet's Income Has Taken Off, but I'm Not Sure the Share Prospects Are Flying High

Hello, Share Pingers. Budget airline EasyJet (EZJ) has issued a trading statement to say that passengers in its third quarter were up by more than nearly 11% to 22 million. Revenues improved by 16% to £1.4 billion.

2 days ago | By Steve Moore |

MediaZest – “Project Completion” update, what about some insight on results for a year finished approaching four months ago?

“Project Completion” announcement from MediaZest (MDZ) – a company with an end-March year-end but whose two previous announcements thus far in 2017, a 3rd March “New Business Update” and 8th May “Significant Project Completion” included no update on overall financial performance. Surely something now then, approaching four months after the year-end…