Shares in ShareProphets AIM-China Filthy Forty play Walcom (WALG) are STILL trading despite further warnings this morning that the company has insufficient funds to settle bank loan repayments due this month and in any case will run out of cash in a week. Surely we should have had a suspension pending financial clarification announcement by now.

You cannot say that you were not warned here on ShareProphets, this time by the excellent Steve Moore who described AIM-listed Bagir Group (BAGR) as a avoid/sell HERE; this morning the shares were suspended as a significant proportion of the Company’s previous order book is now on hold or cancelled and the company takes insolvency advice whilst it scratches around for additional funding and the business is no longer regarded as a going concern. In short, it is bust.

As I write the Dow is down 25% year-to-date and 28% from its all-time high struck seven weeks ago on Feb 12^th. Amongst the maelstrom of opinion and statistics that surfaced in March, the fact is that none of us have a clue what the future holds – least of all the financial ‘experts’ (Ray Dalio: “cash is trash”, Steve Mnuchin: “this is not a financial crisis but we need to print 3 trillion now”). It is encouraging that the new heroes are health workers and not hedge fund managers and clueless treasury officials. My view is that the falls do not remotely reflect the severity of the economic situation, but that is beside the point…

OptiBiotix Health (OPTI) has followed an “Exclusive licence agreement for OptiBiome®” with a contract manufacturing agreement for SlimBiome® with Fipros A/S, emphasising “the agreement is key”…

On 18 February 2020 AIM-listed lifestyle company Conroy Gold and Natural Resources (CGNR) announced a successful placing to raise £250,000 and that it had undertaken a subscription to raise a further £52,500 all at 12p per share. Yesterday, more than six weeks later, the company ‘fessed up that a total of £188,000 was still outstanding. It seems to me that the “successful placing” was anything but at time of announcement, given that the cash was yet to arrive, and that the company had not “undertaken” a subscription to the extent originally advised for the same reason. “Undertaking” maybe, but not “undertaken”.

A 5:05pm “Proposed Cancellation of Dividend / COVID-19 Update” from value footwear retailer Shoe Zone (SHOE) – this with the shares down from approaching 190p in February but up from recent lows towards 60p, at 75p…

We're inviting you to send pictures in of what you see out of your window and/or of your new workspace. Just email them to editorial@shareprophets.com . Today, we're looking at the view of Joe in Aberdeen...

Hello, Share Trawlers. Here’s another suggestion for your plans to buy more shares once the virus is on its way out. Today’s choice is big pharma companies, like GlaxoSmithKline (GSK) and AstraZeneca (AZN). There are also a few foreign listed companies, like Roche and Johnson & Johnson, that you might consider...

In my dynamte expose of 2 April 2019, I published my first note on mini bond charlatans Bassett and Gold Plc based on the accounts for the year ended 30 September 2017 warning of the risks associated with this mini bond lender. Yesterday it went bust with West Ham supporters the main victims, the club ignoring my warnings as it greedily took Basset;s cash. So how much have my fellow supporters lost? This will shock you.

A “COVID-19 update” from marketing company M&C Saatchi (SAA) includes “all group companies continue to operate and serve our clients, with the majority of offices currently operating a remote working policy… we continue to pitch for new business and there are still some areas where demand for our services remains steady, e.g. our talent and influencer businesses” and that it “remains confident about the liquidity status of the group for the foreseeable future”. The shares are currently still above 31p, however…

I swear i am not joking. I discuss my life with Evil (no, Mt BBM we are not gay lovers, stop sniggering at the back) and his remarkable macro view.  I also reveal I have a treat for you all, keep May 8 in your diaries! In terms of stocks I look at the scandalous flouting of almost every rule by AIM Casino posterboy Conroy Gold & Natural Resources (CGNR) and the wider issue that the Oxymorons at AIM Regulation will do SFA about. I look at Burford (BUR) and more vindication for my pal Carson Block of Muddy Waters, at Carnival (CCL) - sorry Three Brains -  and at Coro Energy (CORO) where the curse of James "Dracula" Parsons strikes again.

Tertiary Minerals (TYM) seems to think that its investors are the dumbest folk going and with the shares up by 75% at 0.32p maybe it is right for today’s news of a £600,000 placing is just an almighty spoof. For starters this is not a £600,000 placing!

UK Oil & Gas (UKOG) issued its 2019 year end accounts at no-one is watching O'Clock on Tuesday, which updated us on its cash guzzling to the end of September. Plenty of waffle in true UK Oil & Gas style, and the numbers are of course 6 months out of date. But a little digging into the detail and applying common sense leads me to a simple conclusion – this company will need significant amounts of cash to keep going. So it’s more confetti and a little bit of loss making oil.

Provider of ‘fresh prepared’ meals, salads, desserts and pizza & bread to customers including leading retailers, Bakkavor Group (BAKK) has updated including emphasising its “attractive” sector and that “we are responding to the impact of COVID-19 from a position of strength”. However, already down from circa 140p in February, the shares are currently further below 100p on the update…

AIM-listed Turkish gold producer Ariana Resources (AAU) has released more good news. Yesterday came a perhaps surprise announcement that the due diligence process on the way to approval of the corporate transaction proposed to hand over $30 million to Ariana and fund the Salinbas project in return for Ariana dropping its interest in the Salinbas and Red Rabbit (centred on the gold production facility at Kiziltepe) to 23.5% had been completed and was now under review. Today came a Resource Development update from Kepez – a satellite to Kiziltepe.

I have had my issues with recruitment sector stocks on this website over the last couple of years, calling investors in PageGroup (PAGE) 'bonkers' or 'overly hopeful' on the basis that 'the problem is that recruitment names are always very geared to the economic cycle' and the assets walk out of the door each evening. Now in a world where we have all learned to use the word 'furloughed' (I guess there are worse American inventions) unless you are providing a bunch of workers for key industries such as food retail and healthcare, it was no huge surprise to see Page's sector peer Hays (HAS) observing that 'the rapidly escalating impact of Covid-19 has driven a very material deceleration in client and candidate activity'…

A bit of a storm has been blowing up at AIM-listed cash-hungry biotech dog ValiRx (VAL). A General Meeting had been proposed for shareholders to agree to the issue of yet more confetti in order to keep the Grim Reaper from the door but the government decreed Covid-19 lockdown intervened and the meeting could not happen. Yesterday the GM was reconvened with shareholders unable to attend or vote – and two of the three resolutions were passed. But what of legality?...

Hello, Share Scramblers. My series of predictions of shares which may rise faster than others once the outbreak reaches its peak, today features Avacta (AVCT). This is one of my favourite biotech companies, though the share price hasn’t exactly sparkled over the years. So why might this share be of interest once it's safe to buy shares again?...

Some of you fell for my April Fool - wow! thanks for the messages of congratulation! In yesterday's bearcast I argued that banks had to abandon paying dividends pro tem. Now under pressure they have agreed to do so. I now give you five little or big case studies showing why a banking crisis is inevitable. Then I look at Nostra Terra Oil & Gas (NTOG), Bluebird Merchant Ventures (BMV), where I am a very excited and supportive shareholder but think the chairman must be fired after today's news, Bidstack (BIDS), Plutus Powergen (PPG) and the associated POS companies and Westminster Group (WSG) where repellent slug and ex Tory MP Tony Baldry of 3DM infamy shows again why he is the unacceptable face of capitalism.

Previously writing on services provision to remote locations (primarily in Africa)-focused RA International (RAI), in June as the shares were heading back above 50p I questioned has the year-to-date really then been “encouraging”?... I also suggest a greater reliance on delivery of contracts in half of a year - particularly for “remote locations in Africa and the Middle East” - creates the platform for a potential profit warning. The company has since noted “profitability broadly in line with expectations” and now a “COVID-19 update” – and the shares now 32.5p…