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Shocking behaviour by Anglesey Mining - for once twitter has it right
Anglesey Mining (AYM) appears to be trawling for followers on twitter. with a claim that it has "material value not currently in the share price". That sort of activity for a company now running on vapours is a massive red flag. At least some of the responses show folks calling out this spoofing by charlatans for what it is.- By Tom Winnifrith |
- 18 February 2023, 18:36 |
B.P. Marsh and Partners – full-year trading update, continuing positive performance: BUY
Early stage financial services businesses investor B.P. Marsh & Partners (BPM) has announced that during its year to 31st January 2023 the majority of its investee companies continued to perform well and that it remains positive regarding its ongoing performance and the outlook for the insurance market.- By Tom Winnifrith & Steve Moore |
- 18 February 2023, 17:49 |
Video: Gold the Excellent Risk Diversifier that is Widely Underheld
Money manager Bob Elliot analyses the current economic situation, the role of debt cycles, and the trade-offs between a fiat monetary system and a commodity-based system. He note that productivity is the main driver of growth over the long term, and that debt cycles have been used to make up for declining productivity. He explained the risks associated with governments borrowing to make up for productivity declines and noted that wage growth is maintaining nominal spending at a higher level.- By Tom Winnifrith |
- 18 February 2023, 17:44 |
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Zamaz – kicking the debt can down the road, can the FCA really be happy about this?
On 17 February 2023, Standard Listed Zamaz (ZAMZ) attempted to kick the debt can down the road to avoid defaulting on its debt repayment. The key text of the RNS announcement is below:- By Tom Winnifrith |
- 18 February 2023, 10:14 |
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Renold – a positive business momentum Buy
Manufacturer of industrial chains and related power transmission products used in a wide variety of international industries including manufacturing, transportation, energy, steel and mining, Renold (RNO) recently announced that it “now anticipates that underlying operating profit for the full year will be above current market forecasts” and that there is a “positive market outlook”. This looks far from discounted in the current share price and, as the results and following updates make the financials picture clearer, we expect the shares to spark from here.- By HotStockRockets |
- 18 February 2023, 09:55 |
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The Wandisco share price is insane
I have a lot of time for Wandisco (WAND) boss David Richards and his tech business clearly has some traction. But the valuation is surely insane.- By Tom Winnifrith |
- 18 February 2023, 09:53 |
Warren Buffet, Timing, Value, Trends and What to Do with your Shares in a Record Breaking Footsie.
Hello Share Mongers. Nobody should ignore Warren Buffet. After all, the old boy became one of the richest men in the world by doing what we do i.e.: trading shares. His wisest axiom for me is: ‘Buy when everyone else is selling and sell when they’re all buying.’- By Malcolm Stacey |
- 18 February 2023, 09:30 |
Pod Point – “pleased to announce” results. Er, how are they ‘pleasing’?
Electric Vehicle charging group Pod Point (PODP) states that it “is pleased to announce its preliminary unaudited results for the year ended 31 December 2022” and “a 16% growth in revenue… very much looking forward to accelerating the business further as we head into 2023”. So what of the shares having currently responded up towards 62p, though that comparing to a late 2021 IPO at 225p!?- By Steve Moore |
- 17 February 2023, 16:15 |
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Tom Winnifrith Bearcast: buy, sell or hold Jubilee Metals?
In today's podcast I look at Canadian Overseas Petroleum (COPL), Mr sock's Zenith Energy (ZEN) and Jubilee Metals (JLP) where my SIPP has a big interest. Should I buy more, sell or hold?- By Tom Winnifrith |
- 17 February 2023, 15:55 |
Maintel – CEO “resignation”, how are those ‘banking conversations’ going?
An intra-day (uh oh!), 9:46am, “Directorate Change” announcement from cloud, network and security managed services company Maintel Holdings (MAI)… and what of the shares currently 15.5% lower in response at 122.5p?- By Steve Moore |
- 17 February 2023, 15:09 |
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Castings plc – a value and income Buy
Shares in Castings plc (CGS) have recently recovered to above 350p after positive trading and results statements towards the end of last year. However, they remain well down on levels achieved in prior years despite a positive outlook and look to be a value and income Buy at current levels.- By Tom Winnifrith & Steve Moore |
- 17 February 2023, 12:57 |
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Zytronic – AGM trading update, still a value recovery Buy?
Touch sensors company Zytronic (ZYT) has announced that the average monthly order intake is at levels similar to the second half of the prior year and that “business development and the opportunities pipeline continue to progress positively”. So what of its current valuation?- By HotStockRockets |
- 17 February 2023, 12:57 |
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Canadian Overseas Petroleum – deliberately confusing release as death spiral shares issued at just 7.3p
“I cannot remember the last time that I saw such a duplicitous dishonest company, this has to be one of the easiest shorts out there at the moment!” says Evil Banksta of Canadian Overseas Petroleum (COPL). He is not alone, Lucian Miers has also called in from the grim North today, outraged as to how the FCA allows Canadian to publish the sort of misleading piffle it has today.- By Tom Winnifrith |
- 17 February 2023, 12:31 |
Video: The Fed is Creating a Perfect Setup for New Gold Investors
Keith Weiner runs gold investment firm Gold Standard Institute USA so he is talking his own book.- By Tom Winnifrith |
- 17 February 2023, 12:02 |
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Told y’all Purplebricks – another lack of profits warning and the dreaded words “strategic review”
Oh dear. Oh dear. The words “strategic review” are always bad news. What they mean is “we are screwed will anybody buy us.” But let’s start with a lack of profits warning from Purplebricks (PURP) and, as ever, it is what it does not say that should worry the muppets who still own the shares.- By Tom Winnifrith |
- 17 February 2023, 11:38 |
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Audioboom: almost certainly another Robert Bonnier spoof
The release below, from Eliot & Luther purports to show the Asia based advisory firm speaking for folks owning more than 10% of Audioboom (BOOM) who now want a seat on the board. Oddly Audioboom has not responded with an RNS. Perhaps because this is another spoof from disgraced ramper & market abuser Robert Bonnier.- By Tom Winnifrith |
- 17 February 2023, 11:02 |
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I was correctly bearish about SEGRO shares a year ago. What do I think now?
A year ago, I was negative about the property investment and development company SEGRO (SGRO), since when its share price has fallen from just over 1200p to 835p this morning. So, what are my updated views about the FTSE 100 name?
- By Chris Bailey |
- 17 February 2023, 09:29 |
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TPXimpact – having admitted it’s ‘engaged with its bankers’ as debt covenants breach looms, now management LTIP and retention awards (natch)!
I wrote on TPXimpact (TPX) at the end of last month; I having stated ‘good luck’ on even its previously-downgraded outlook, now another trading warning (and worse!). That “worse” was it having to ‘actively engage with its bankers’ with it “unlikely to satisfy its debt covenants at 31 March 2023” and I concluded that despite a slump to a below 30p share price still avoid / sell. The shares last closed at 24.25p and now… a “LTIP, PDMR Dealings & Retention Award”-titled announcement!
- By Steve Moore |
- 16 February 2023, 16:29 |
Checkit – “ahead of market expectations”… but how creditable is this?
‘Deskless workforce’ technology company Checkit (CKT) has issued a trading update emphasising “Annual Recurring Revenue increased by 28% to £11.5m, vs. consensus market expectations of £10.8m (+20%). Net cash at 31 January 2023 of £15.6m vs. consensus market expectations of £15.2m… we expect the positive sales momentum to continue”. What then of a share price of 30p, down from around 45p a year ago?- By Steve Moore |
- 16 February 2023, 15:25 |
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Tom Winnifrith Bearcast: the importance of bears
I am on the mend but very slowly and still in pain so a shorter than normal bearcast covering Home Reit (HOME), Tintra (TNT - target price 0p - and Caracal Gold (GCAT) also a zero despite today's deceptive RNS with Andrew Monk's VSA Capital's name at the bottom. Now back to bed.- By Tom Winnifrith |
- 16 February 2023, 15:05 |