Everyman Media – trading update, how ‘pleasing’ is it?
Cinemas group Everyman Media (EMAN) has issued a trading update it states that it “is pleased to announce”. So what of a share price currently up to 90.5p, but still down from above 120p as recently as last summer?- By Steve Moore |
- 23 January 2023, 16:10 |
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Tom Winnifrith Bearcast: Now I can talk about Kefi
I start with a meeting at the Ha Ha earlier. As each day passes more details are inked in for ShareStock 2023 on September 23rd. More details and ticket booking is HERE. Then onto Kefi Gold & Copper (KEFI), Caracal Gold (GCAT), Vast Resources (VAST), Argo Blockchain (ARB) and then poor Gary Newman and the effect of those poisonous spiders he kissed from Suriname and Audioboom (BOOM)- By Tom Winnifrith |
- 23 January 2023, 15:06 |
Engage XR – “showcases first AI-powered virtual employee”, attempted ramptastic?
Describing itself as “a leading metaverse technology company”, Engage XR (EXR) has announced that it “has successfully developed and demonstrated the integration of artificial intelligence into its ENGAGE professional metaverse platform”, with CEO David Whelan arguing Engage’s AI applications “will place superpowers into the hands of our clients in terms of virtual world-building, on-the-fly creativity and professional client-facing services”. Hmmm, attempted ramptastic?- By Steve Moore |
- 23 January 2023, 15:04 |
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Calm Down Gary Newman: Audioboom is still a sell
I see that, on twitter, comrade Gary Newman of this parish is suggesting that he is tempted by Audioboom (BOOM) largely because he sees there being more and more demand for podcasts.as his friend and colleague I urge him to sit down in a dark room, dream about kissing poisonous spiders in the jungle, and think again. Today’s 2022 trading update adds to the bear case as outlined by Lucian Miers in his tip of the year HERE, it is no reason to buy.- By Tom Winnifrith, the Sheriff of AIM |
- 23 January 2023, 13:27 |
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Pure Gold: another nail in the coffin, lid almost shut tight
Nigel Somerville has long warned you that Pure Gold (PUR) was a nailed down zero. News today suggests that he would be justified in pouring a good quantity of ouzo on his cornflakes this morning.- By Tom Winnifrith |
- 23 January 2023, 12:51 |
DG Innovate – fundraise ‘primarily for the company's commercialisation strategy’. Really?
Describing itself as an “advanced research and development company pioneering sustainable and environmentally considerate improvements to electric mobility and energy storage”, DG Innovate (DGI) states that it is “pleased to announce” an equity subscription to “primarily be used to provide additional funding for the company's commercialisation strategy for its Enhanced Drive Technology and Enhanced Battery Technology”. But what’s the detail?- By Steve Moore |
- 23 January 2023, 11:47 |
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Another letter to Andrew Monk of VSA Capital: Has Caracal Gold received the Philoro $3 million yet?
I have yet to hear from my old pal “Andrew “the Monkey” Monk as to when his client Caracal Gold (GCAT) is to announce via RNS the death spiral it took out on 27 June 2022 but has only admitted to in a small footnote buried in the annual report published in November. Monkey has also yet to respond to the issue of directors pledging shares and not disclosing it. So, I have sent another letter to Monkey about another issue.- By Tom Winnifrith |
- 23 January 2023, 11:13 |
Despite Construction Headwinds, innovating Ibstock Has a Chance of Building its Share Price
Hello Share Chewers. Rising interest rates have put the skids under new mortgages. And so the share prices of house builders have faltered. But the industry should not do as badly as you might think, as there’s still a sad shortage of new homes in this country. And here’s a company that services builders and that should continue to do well for its shareholders.- By Malcolm Stacey |
- 23 January 2023, 08:10 |
The View From The Montana Log-Cabin As Gold Keeps Pushing On Up
Gold finished the week at $1926 – up once again (albeit marginally) on last week’s $1921, but a good result given the dip down below $1900 mid-week.- By Nigel Somerville |
- 22 January 2023, 18:17 |
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TUI may be flying but it is still a short
Shares in TUI (TUI) have risen around 35% since December when it announced that it intends to pay back the German Government the expensive emergency funding it secured during the pandemic and there has been general relief amongst investors in the travel space ( and with travellers themselves) that normality has returned. So it is worthwhile examining whether the bear case is still intact.- By Lucian Miers |
- 22 January 2023, 13:37 |
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Buy Yourgene - target 0.6p
On 21st December, with its shares having previously closed at 1.85p, Yourgene Health* (YGEN) announced a “capital raising” for “not less than £5.0 million” stated to “provide near-term working capital; and facilitate further restructuring of the group's cost base, removing £2.0 million of annual operating expenditure. The company will also utilise any additional net proceeds to fund regulatory approvals and existing product enhancements”. I.e. it was cash crunch ahoy and, having left the fundraise to that point and with stock market conditions dreadful, the raising was at… 0.30p per share! Unsurprisingly, that sunk the shares, but with new capital now raised and sentiment arguably having hit rock bottom, we see some good recovery potential from a current 0.38p offer price. (now 0.41p)- By Hotstockrockets |
- 22 January 2023, 13:18 |
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Ariana – 2022 Production Result: A Top Effort: Buy
AIM-listed Turkish Gold producer Ariana Resources (AAU) released its production results on Friday along with a general update. The news was excellent and the shares surged (as much as Ariana shares ever surge!) higher but there is more to go.- By Nigel Somerville |
- 22 January 2023, 11:08 |
Visual Aid: Which countries are the most polarised?
From Visual Capitalist, this week’s graphic is based on the 2023 Edelman Trust Barometer. It says the US is hopeless, as is Argentina, Span, and Sweden. The UK is at risk.- By Darren Atwater |
- 22 January 2023, 10:27 |
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Prospects for investment (and travel) remain good…but the scope for a saga at Saga continues
I read in the Sunday press that Saga (SAGA) - the holiday, insurance and more company focused on serving the needs of those aged 50 and over - is allegedly “sounding out buyers for its in-house insurance business in the hope of raising up to £90 million to pay down debt”. It definitely needs to be considering some options there as the last time I looked, its net debt to EBITDA ratio was a mere x8.5 times.- By Chris Bailey of Financial Orbit |
- 22 January 2023, 10:23 |
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Sunday Long Reads: Bike Helmets, Pandemic Pastor, Dungeons & Dragons, $6 Tennis Pro, UK vs Metric
Here are five long reads that have nothing to do with shares. Put the kettle on, find a comfy chair. You have the time, don't you?
- By Darren Atwater |
- 22 January 2023, 10:15 |
Notes from Underground – Most read articles for the week ending 22 Jan 2023
The most-read non-quiz non-Tom article this week is by Nigel Somerville with Centamin – Court Win Secures Mine Concession Agreement: BUY at No 5 or No 11 including Bearcasts.
- By Darren Atwater |
- 22 January 2023, 10:14 |
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Tom Winnifrith Bearcast: Kefi and its shareholders again: aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaagh
In today's podcast I look at the critical difference between the Standard List & Aquis and the AIM sewer and why advisers like Andrew Monk are thus anti AIM. I am not so sure. Then I look at Kefi (KEFI) some of whose shareholders who just do not understand insider dealing laws are doing my head in.- By Tom Winnifrith |
- 21 January 2023, 18:22 |
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Shanta Gold – 2022 production and operational results, BUY (target 16p)
Shanta Gold (SHG) has announced 2022 production and operational results and that “there are numerous initiatives underway and in place for 2023 to decrease operational risks and optimise production”.- By Hotstockrockets |
- 21 January 2023, 15:35 |
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Note to Andrew Monk: Rule Breaking by your client Caracal Gold
I have today written to “the monkey” the boss of VSA Capital, advisors to Caracal Gold (GCAT) which has driven a coach and horses through the rule book of the Standard List. Does Monkey care? Does he think he has a reputation to lose by not caring? Or are those unpaid fees to VSA more important than salvaging what is left of its reputation? When will it fess? The letter to Monk is below- By Tom Winnifrith |
- 21 January 2023, 15:24 |