ShareProphets

Friday 28 July 2017 The one stop source for free breaking news, expert analysis, and videos on AIM and LSE listed shares


27 July 2017, 09:58 | By ShareProphets |

For just £5, NEW HOT share tip out TODAY at 2PM - Don't miss out!

Four times in the past three or four months we have advised our readers to bank big gains on shares we tipped - the one before the one before last was a 77% profit (offer to bid ) in just 12 days. But we are not perfect. Only folks living in council houses but boasting of their million pound investments on Bulletin Boards get it right all the time.

24 July 2017, 09:35 | By ShareProphets |

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

Former ShareSoc chairman Roger Lawson, who has threatened to sue Tom Winnifrith, is the sponsor of this week's Bulletin Board Moron contest. Yes he sponsored last week's contest as well but the disgraced share ramper is such a prize dick and still has a few of the Globo sharesw he promoted so thusiastically to hand out as a prize so Roger is back again.

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.

 

26 July 2017, 08:05 | By Steve Moore |

Time Out Group – argues “well positioned”, so why are the shares muted?

Time Out (TMO) has updated on the first half of 2017, arguing “we are well positioned to drive further growth, transactional traffic and monetisation of our unique content”. The shares though, at 138p, remain below the 150p June of last year AIM listing price…

26 July 2017, 08:03 | By Malcolm Stacey |

You Might Not Want This Share Suggestion Returned to Sender

Hello Share Shedders. When I invested in Royal Mail (RMG) on the golden day it went public, I made an instant paper profit. I sold the shares soon afterwards at an even bigger gain. However, others in my family, hung onto their shares. And since July 2016 there has been a slough of despond.

25 July 2017, 15:40 | By Steve Moore |

Augean – the time for a routine half-year trading update? Er…

With a calendar financial year and no updates on trading since 21st March-announced results for 2016, a “Trading Update” announcement from waste management company Augean (AUG) seems routine. However, the shares are currently circa 14% lower, at below 55p…

25 July 2017, 15:06 | By Tom Winnifrith, The Sheriff of AIM |

Glenwick - the whole farce unravels so let the recriminations begin....

Oh dear, this really is a clusterfuck even by the lowly standards of the AIM Casino. You will remember that AIM listed Glenwick (GWIK), linked via Peterhouse Corporate Finance and Amanda Van Dyke to fellow AIM dog Paternoster Resources (PRS) in a related party snakefest, has had its shares suspended an RTO but there have been a few problemos. Oh dear. Oh dear.

25 July 2017, 14:20 | By Nigel Somerville, the Deputy Sheriff of AIM |

F40 Origo – disposals: how’s the NAV doing?

ShareProphets AIM-China Filthy Forty play Origo (OPP) has announced a couple of disposals. With the share price still languishing on a 2-2.25p spread, compared to the last quoted NAV in the FY16 accounts of 13c (US) – call that 10p per share. After a series of scandals over massive payments to the fund manager what now for the company with scheduled redeemable/convertible prefs after the dispute with Brooks MacDonald was finally resolved?

25 July 2017, 13:33 | By Tom Winnifrith, The Sheriff of AIM |

i3 Energy - a $50m fund raise becomes zero fund raise and £14m market cap (oops make that £11m) - disastrous IPO

It was only a couple of months ago, on May 10 - 6 months behind schedule - when wannabee North Sea oil developer i3 Energy (I3E) announced it was to raise up to $50 million as it joined AIM. Since then, as we have noted before, there have been numerous false starts and it was obvious to all concerned - bar Amanda Van Dyke's related party snakefest Glenwick (GWIK) - that the fundraise was in deep merde. Oh yes. Party on bear dudes. This IPO has bombed and the business model is mega-fucked.

25 July 2017, 12:33 | By Steve Moore |

Goals Soccer Centres – trading update warns, but a joint venture “transformational”?

“Trading Update” announcement from Goals Soccer Centres (GOAL) includes a “full year outturn being around £0.8m less than expected”, but the shares are currently slightly higher above 100p with there also a “Joint Venture” announcement…

25 July 2017, 11:37 | By Tom Winnifrith, The Sheriff of AIM |

Take that you bastards No 1 - Disgraced Roger "Ramper" Lawson of ShareSoc - see you in Court bitchez!

Disgraced share ramper Roger Lawson of Globo, blinkx, Monitise and ShareSoc (until he "was resigned") infamy, threatened me, Tom Winnifrith, two weeks ago with a libel action and also a claim for harassment demanding damages, an apology dictated by the ramper, the withdrawal of ALL articles about his nefarious deeds and an agreement never to expose him again. You can see his attempt to gag a free press covering matters of public interest HERE. I am responding in two parts. First up is the harassment claim...

25 July 2017, 09:50 | By Steve Moore |

Earthport – “not cash flow breakeven in FY 2017”, so it's next year then? Er…

Having declined from more than 45p in September 2015 to sub 13p less than a year ago, shares in Earthport (EPO) approached 30p earlier this year – before declining again in recent months. We now have a “Full Year Trading Statement”

25 July 2017, 08:56 | By Cynical Bear |

Totally: Um, anything you want to tell us about your CFO?

It must be exciting times at NHS supplier Totally (TLY) at the moment with the buy-and-build strategy taking shape and an RTO in progress and a busy time, particularly for the CFO, Don Baladasan, who also has the interims to prepare but, er, has he just left to join CentralNic (CNIC)?

25 July 2017, 08:17 | By Malcolm Stacey |

Why I Disregarded Tom's and Steve's Advice On Zytronic

Hello, Share Mashers. It is not often that my good self and my more intelligent colleagues Uncle Tom and Steve Moore commend the same share. There are, after all, zillions of choices to be made in the markets. But we did agree on Zytronic (ZYT), the successful niche company that specialises in the very fashionable area of touch sensors.

24 July 2017, 14:17 | By Steve Moore |

Proxama – claims now “well positioned”… but has to scramble around to reach even minimum requirement of fundraising

Last writing on Proxama (PROX) I noted new agreement announcements now being seen through – and the shares are currently lower today on the back of “Result of Open Offer” and General Meeting updates…

24 July 2017, 13:12 | By Tom Winnifrith |

Is the City of London Corporation bent and why won't the press investigate?

The City of London Corporation is unlike any other local authority. It is democratic in the loosest sense of the word. It is hugely rich and very powerful and, as such,  it is rare that anyone in the Square Mile is stupid enough to stick his or her head above the parapet and ask what is going on. But today Andrew Monk of VSA Resources aks for trouble and writes...

24 July 2017, 11:50 | By Tom Winnifrith |

Sefton Resources - shares in issue balloon but what is the cash position?

On 23rd October 2015 as the old board of Sefton Resources (SER) handed over power to Clem Chambers, Mike Hodges as directors and Daniel Levi as a consultant it stated that the cash position was $504,300. The new board claimed that it was in fact materially lower. What is it now? That is unclear but what we do know is that the number of shares in issue has rocketed from 4,796,618,397 to 8,949,299,416 as that was announced at the weekend.

24 July 2017, 11:45 | By David Scott |

Buckle up for the turbulence ahead. My most important note ever

The reset is now seven days closer than it was last week. There are times when normality moves out of reach and I believe we are rapidly approaching such a time. I have lived through a number of recessions and bear markets and they don’t come out of nowhere; there are always warning signs. Many investors may choose to ignore those signs; I choose not to. I hope you make the same choice.

24 July 2017, 11:20 | By Lucian Miers |

Sell the Carillion HS2 rally at 63p

The accepted market wisdom that one should never be a bear in company throws up a lot of exceptions. Carillion (CLLN), for some time now top of the leaderboard of the most shorted shares on the LSE, is a good example.

24 July 2017, 11:20 | By Steve Moore |

Biome Technologies – trading update uses bullshit earnings, but becoming more interesting?

Shares in Biome Technologies (BIOM) are currently approaching 12% higher, heading towards 200p, on the back of a “Trading Update” announcement...

24 July 2017, 10:55 | By Tom Winnifrith |

Well done Brokerman Dan - Sefton nails disgraced Jimmyliar Ellerton in Court again

Of course Brokerman Dan (Dan Levi) is not perfect. He publishes outright lies about me on a regular basis but credit where credit is due, he has nailed Jimmyliar Ellerton, the disgraced boss of Sefton Resources (SER) in court again.

24 July 2017, 10:32 | By Tom Winnifrith |

EasyJet 2 big takeaways and one is SELL

Before he became a resource guru, Andrew Monk of VSA Resources was a transport analyst for many years. As such his comments today about Easyjet (EZJ). The point about executive greed, oops I meant incentivisation, is a very valid general one. The other point is ...SELL. Over to the Monkey who writes...  

24 July 2017, 09:00 | By Pizza Hardman & Corbyn groupie Darren Atwater |

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

It's a clear win for a bulletin board moron this week. The stupidest thing that I have read all month and I have looked at Nadine Dorries blog this month.

7 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.

7 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.

7 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…

7 days 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:

7 days 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.

7 days 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?...

7 days 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.

7 days 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...

7 days 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.

7 days 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…

6 days 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...

6 days 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.

6 days 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?

6 days 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:

6 days 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.

6 days 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.

6 days 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.

26 July 2017, 08:13 | By Tom Winnifrith |

Lucian Miers continues his world war two theme as UK Oil & Gas shares surge again

Lucian Miers' 3.1p short call on UK Oil & Gas (UKOG) seems to be, at present, right up there with most of the share tips of the market abuser Chris Oil in the pantheons of duff calls. The shares surged yesterday to 7.25p-7.3p. Ouch.

27 July 2017, 14:38 | By Tom Winnifrith |

BREAKING: Now Disgraced Share Ramper Roger Lawson & his fascist lawyers bully Audioboom to get Bearcast taken down

Disgraced Share Ramper Roger Lawson of ShareSoc is determined to use his wealth to stop publication of legitimate comments about his writing and share dealing activities and has thus threatened me, Tom Winnifrith with both a libel case and an injunction for harassment. I will see you in Court Bitchez before I agree to his demands to remove all articles about him, publish a grovelling apology dictated by him, accept a gagging orrder and pay damages as I set out on Monday HERE. 

26 July 2017, 09:34 | By Tom Winnifrith |

Andrew Monk on the great oil exploration triangle

Andrew Monk of VSA Resources has a geography lessn for those following oil explorers. Believe it or not the hot spot is not somewhere close to Gatwick Airport but somewhere a bit more exotic.

26 July 2017, 08:07 | By Tom Winnifrith |

Watchstone shares plunge to just 97p (bad news for Evil) - but should you bottom fish? No!

Oh dear. Poor old Evil Knievil who has been a perma bull of Watchstone (WTG), the former Quenron (QPP), loftily dismissing claims by Slater & Gordon for £637 million and my analysis as not worth the paper they were writen on. Oh how bullish was the great man, at 141p, just a few weeks ago as he posted his bon mots on a Bulletin Board. The shares have duly plunged to just 97.5p so costing EK and his fellow BB Morons a good packet. Poor Evil. Poor BB Morons.

27 July 2017, 08:13 | By HotStockRockets |

Big Sofa - cracking AGM statement: BUY GREEDILY at up to 25p

Big Sofa's (BST) AGM went smoothly enough but the market seems to have overlooked the statement from chairman Nicholas Mustoe. It really is very exciting indeed. Mustoe stated:

26 July 2017, 08:45 | By Cynical Bear |

Totally: Mea culpa, I apologise - there’s nothing to see here

I must apologise. Yesterday I wrote an article stating that Totally was in breach of AIM regulations in not making an announcement about its CFO getting another job. I was wrong; I have given myself a good and proper birching this morning and am here to beg forgiveness.

27 July 2017, 09:49 | By Tom Winnifrith, The Sheriff of AIM |

BREAKING: MySQUAR - Placing Under way: Source

The trouble with Norfolk's is that in the end they run out of other people's money. And that brings us to MySQUAR (MYSQ) the sort of company which, even by the lowly standards of the AIM Casino, is a dog. A Source has been on the trombone and says...

26 July 2017, 12:10 | By Chris Bailey |

Like Love Island? Then love ITV...

I wrote last week about ITV (ITV) pinching Easyjet (EZJ)'s CEO Carolyn McCall and no doubt she is rubbing her hands together thinking not just about her new pay and incentives package but after today's update...also a fourth series of Love IslandThe show only a minority of you will ever have viewed figured prominently in today's corporate presentation as ITV's management team attempted to get down with the kids - and rev up the financial analytical community - with lots of excitable statistics about viewer levels, website interactions and app/short video downloads.

27 July 2017, 08:14 | By Tom Winnifrith |

Why Uranium Must Reach $60 by 2020

Those who heard Paul Atherley of Berkeley Energia (BKY) on the main stage miners session at UK INvestor Show 2017 will be well versed in the uranium bull case. Paul is booked in to be back again in 2018 for a refresher but I need no convincing, we have a few of his shares just in case. Meanwhile here is another crash course on why you need uranium exposure.

27 July 2017, 08:13 | By Tom Winnifrith |

Audioboom - CFO walks with immediate effect - why?

Audioboom (BOOM) has today announced that CFO, David McDonagh has left "with immediate effect". It says it is looking for a replacement but gives no reason for the departure. And oddly this resignation occurs just one week after the company published interims. It was clearly not planned.

26 July 2017, 08:45 | By HotStockRockets |

Obtala – some recent share price weakness, but not operational weakness: BUY

Since we previously updated on Obtala (OBT) at the start of this month, there have been developments including a quarterly report. The shares are down but is this fair?

26 July 2017, 08:09 | By Gary Newman |

Is Nu-Oil being desperately pumped by the latest placees?

Nu-Oil and Gas (NUOG) is a company that I covered a couple of weeks back as being totally over-valued, and although it has pulled back a bit I think it potentially has further to go.

27 July 2017, 08:15 | By Nigel Somerville |

Nyota – former Chairman selling ahead of suspension - what a smart trade!

Yesterday at 5.57pm this RNS was released by AIM-listed (for now) Nyota Minerals (NYO). It followed this RNS at 7am that morning. Nothing extraordinary, two TR-1s issued but it seems that former chairman has been offloading shares issued to him by the company in lieu of director fees in short order. 

27 July 2017, 11:40 | By Steve Moore |

Monitise – “Trading Update” = Trading Warning (natch)…

Currently attempting to push a 2.9p per share offer from S&P 500 financial services technology company Fiserv through, Monitise (MONI) has followed the recent lead of InterQuest (ITQ) in delivering a downbeat trading update…

26 July 2017, 14:00 | By Steve Moore |

Vertu Motors – with expects trading “in line”, why’s the recent share slide continuing?

Having already declined from approaching 50p earlier this month, shares in Vertu Motors (VTU) are currently slightly further lower, at 43p, despite an “AGM Statement” announcement including that “at this stage, the board expects the group's trading performance for the year ending 28 February 2018 to be in line with market expectations”

26 July 2017, 08:03 | By Malcolm Stacey |

You Might Not Want This Share Suggestion Returned to Sender

Hello Share Shedders. When I invested in Royal Mail (RMG) on the golden day it went public, I made an instant paper profit. I sold the shares soon afterwards at an even bigger gain. However, others in my family, hung onto their shares. And since July 2016 there has been a slough of despond.

26 July 2017, 11:20 | By Steve Moore |

Plant Impact – placing, tries to argue “represents a premium”. Hahaha…

Plant Impact (PIM) has announced the conditional placing of new shares in the company at 31p each raising a gross approximately £4 million, with the announcement also including “the placing place (price?) represents a premium of 6.0 per cent to the closing mid-market price of 29.25 pence per existing ordinary share on 25 July 2017”. Hmmm…