Intellectual Property advisory group Murgitroyd (MUR) has issued a “Trading Statement” including that “the outcome for the full year will fall short of market forecasts, and likely see reduced full-year 2017 earnings”. Uh-oh...
Criminal Aidan Earley says thatmy work destroys great British Companies. That is what Rob Terry used to say too. What is the difference between those two fraudsters? About £50 million and so far only one has served time. I discuss Winnileaks triumphs today on Advanced Oncotherapy (AVO) and Strat Aero (AERO) and why they vindicated my work so much. Then I look at BT (BT.A), Rosslyn Data (RDT), Cloudtag (CTAG), Sunrise Resources (SRES) and LGO Energy (LGO).
Tom Winnifrith and Waseem Shakoor were commenting yesterday on where shares in AIM-listed CloudTag were heading. Obviously the end target for a company with still no working product available to sell, revenues of zero and stonking cash-burn is nil. But the focus of attention is the L1 funding package and when it could fall apart.
Hedge fund Crown Ocean Capital P1 Ltd has called an EGM to oust six utterly useless and grossly overpaid board members (the dirty half dozen) at Bowleven (BLVN) and replace them with Christopher Ashworth and Eli Chahin. We can reveal that the coup is a nil brainer - management is toast. Here is why...
Rick Rule, the face of the world's best known investor in precious metals, Sprott, sees weak global demand for almost everything, however there is a sentiment change for resource stocks. He thinks this change is somewhat justified- although many recent resource prices do not appear to reflect any underlying rationale. Mr. Rule is cautiously optimistic about gold stocks and the gold price. We are in one of those flight-to-safety periods where the US dollar does well, and interest rates go up.
Last night it was announced that Hulsey Smith, the American who exposed the fraud at the heart of Strat Aero (AERO) using Winnileaks last year, dumped the last of his shares that he received for dropping a legal claim. But look at his statement in the TR1 carefully. Before then , the rescue bailout.
The City's Number one oil analyst Zac "the Knife" Phillips is back from celebrating Christmas by butchering baby seals or throwing cute little rabbits to a pack of bloodthirsty dogs and is doing what he does best - sticking it to useless management teams on the AIM Casino. Today Nighthawk (HAWK) has served up a piss poor operational update and the SP Angel analyst opines
Yesterday I goaded AIM weasels Advanced Oncotherapy (AVO) to come clean on the status of its relationship with Chinese distributor Sinophi, HERE. It seems the world moves quickly because Advanced has today announced that Sinophi has, as of yesterday, "terminated" its orders and at a stroke the order book goes from $150 million to nil. But this smells all wrong and at the same time means that Advanced may well go bust within five weeks. Let me explain.
Hello Share Gobblers. Uncle Tom has said that Photo-Me (PHTM) is my favourite share. This is no longer quite true, but I do have a lot of faith (and money) wrapped up in the stock.
For reasons that we do not need to go into a payment was made into my account which was actually monies belonging to FIML. As such I called my bank to transfer the five figure sum. I bank with Barclays Private Clients International Ltd, a truly premium service. For premium read shite!
Having been down approaching 20% earlier today, Photo-Me (PHTM) has had to make a “Share price movement” announcement – noting this “following media comment regarding photo ID regulations in the United Kingdom”…
La la land, I refer not to the LSE Asylum but to the film of that name which I watched today in a mother & babies viewing session, Hence the late bearcast. I have some bad news for those Cloudtag (CTAG) morons funding the legal action convicted criminal and undischarged bankrupt Aidan Earley'swishes to take against me. I look at Cloudtag, Braemar Seascope (BMS), Amur Minerals (AMC) and look forward to tomorrow - more tea vicar?
The Bank of England is keeping a close watch on consumer spending amid signs households are dipping into their savings and amassing debts to keep spending in the face of rising inflation. Mark Carney, the Bank governor, said consumer spending had held up since last summer’s vote to leave the EU but he reiterated a warning that living costs were likely to rise on the back of a weak pound and squeeze households’ real incomes. In a speech setting out the trade-off the Bank faces between keeping inflation in check and supporting growth and jobs, Carney noted signs that consumers continued to power the UK economy. “At present, households appear to be entirely looking through Brexit-related uncertainties. The saving rate has fallen towards its pre-crisis lows, and consumer borrowing has accelerated notably,” Carney said in a speech to the London School of Economics last Monday.
Updating on its 2016 performance, fluid power products supplier Flowtech (FLO) notes that it intends to propose a 5% increased dividend “in line with current market expectations” and “expects underlying profit before tax will be in the range £7.0m to £7.2m”. How does the latter compare with expectations then?...
Advanced Oncotherapy (AVO) said in September that it would secure additional non dilutive funding by the year end. Today it is clarified where it stands but has neglected to point out how perilous its financial position is. Net current assets will be negative within five weeks which begs a real question regarding whether this company is solvent
Previously writing on Braemar Shipping Services (BMS), I suggested that holding, at the then 370p, was only for the very brave or very patient and that I’d avoid. Hopefully that was heeded as another “Trading Update” announcement today is another profit warning – and sees the shares currently down towards 250p…
Shares in the AIM listed fraud Cloudtag (CTAG) have dribbled lower to 6.5p to sell today but what is noticeable is the volume, or rather lack of it. In the face of a complete lack of orders from CES as well as minimal evidence that Cloudtag even has a sales ready product, buying interest seems to have tried up. Even the Bulletin Board threads are going quiet as the company appears to have stopped issuing lies about orders, potential orders and shipments of product. So what happens next?
Shares in fraud Eden Research (EDEN) have raced ahead by 30% today. Some folks have been paying up to 13.5p to get onboard. There is an RNS today but that is not the reason for this folly.
Hello Share Tickers. The big change of presidents in the USA has frightened some investors into thinking that any stocks with links to America are to be avoided. At least until we become a bit clearer as to what’s what.
I do not always agree with Richard Jennings of Align Research but on the matter of Providence Resources (PVR) and the lamentable performance of its CEO Tony O'Reilly jnr, Jennings is bang on the money. He lets rip once again.
Nine share tips, giving in a tax-efficient way, don't count Trump out. And much more...
Beaufort clients will get their cash and shares back but it looks as if it may take a while. Special Administrators to the City broker, PWC, has just written to all customers and it looks as if this is an almighty mess. I suspect there are a few connected with Beaufort who will be sweating. PWC writes:
One of my two tips of the year, Berkeley Energia (BKY), has announced half-year results – these for its period ended 31st December 2017…
The short list is Conviviality (SVR), Clear Leisure (CLP) and Graphene Nanochem (GRPH). I discuss all three but also UK Oil & Gas (UKOG) where the deafening silence is a very bad sign. I consider Sir Patrick's Day tomorrow and how Joshua and I will celebrate and I look at Mothercare (MTC), retail gloom, Mitie (MTO) and the double standards of the great and the good. Make sure you get your free ticket to UK Investor on April 21 using the promotional code WINNIFRITH when booking an investor class seat HERE - if only to hear a live 40 minute bearcast with myself & Paul Scott being recorded!
Value investing is how you make money from shares. Any other approach is not investing but speculating and is, by definition, hit and miss. So do you want to know what Britain's leading value investors are thinking and what shares they are buying and selling? Today's special opportunity is.... Three great value investors will be on stage together discussing how they select stocks and what they are buying and selling at the Global Group UK Investor Show in London on April 21. They are: Paul Scott, Britain's top share blogger, Nigel Wray, the man known as Britain's Buffett, and Dr Paul Jourdan the boss at the hugely successful Amati fund management operation.
After recent events if Conviviality (CVR) boss Diana Hunter told me that 2 + 2 =4 I would ask her to provide credible third party verification before accepting her at her word. So today, with the shares suspended pending clarification following the "discovery" that £30 million of tax was due by month end, MS Hunter has updated poor investors and it seems everyone loves the company. What bollocks. Here are Ms Hunter's words with a ShareProphets translation service in bold.
Once again Tim Martin, the boss of JD Wetherspoon (JDW) is my hero of the day using the occasion of half year results to lay into big business and the lying liberal deadwood press for misleading us all about Brexit. The great man opines:
Under promise and over deliver is what every adviser tells every company listing on AIM. One might say that Ariana (AAU) has not kept to that script with perfection since it listed all those years ago back in the black and white era. But as we move though 2018 with the 50% owned Red Rabbit mine now operational Ariana is doing what it should as we saw in a cracking operational update this week.
My second tip of the year, AIM-listed Bowleven (BLVN), announced on Tuesday that major shareholder Crown Ocean has once again been upping its stake – it now holds 29.03% of the equity. I took the cue and did the same (though not 29%!). Crown Ocean is, of course, the shareholder which rocked the boat last year and forced out the old board by calling two EGMs and supported the new fellas as they proposed to turn the company into a holding company with rather lower costs.
Hello, Share Teasers. We are now only a few days away from the latest set of figures from IQE (IQE). And once again I face an irritating quandary on what to do with my remaining holding. This cache of shares isn’t as large as it used to be. That’s because only a fool disregards negative comments on this magnificent website. It probably has the best investigative writers in the City. But even the best shorters get things wrong, so I retain some IQE shares.
I’ve previously cautioned on shares in Zinc Media (ZIN) - most recently HERE, and note they currently approaching 17% lower today, towards 0.60p, on the back of a half-year results announcement…
A 1:30pm “Re: Contract” announcement from transport technology company 21st Century (C21). A cause for concern?...
Previously writing on specialist staffing company SThree (STHR) I concluded it may be relatively well placed, but macro concerns saw me cautious on the shares. Today a Q1 Trading Update…
From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2017 and thus far in 2018 (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...
Anyone foolish enough to be a shareholder in AIM-China play Haike Chemical (HAIK) has until 1pm today to accept an offer for their shares at 30p. An EGM on 12 March passed resolutions to delist from the Casino, the execution scheduled for close of play on 19 March.
I’ve been warning on OneView Group (ONEV) since it went from “remains confident” in September 2016 to “likely to be below market expectations” the following month! The shares had then been hit to below 4p… But they’re now circa 12p aren’t they? A September 2017 10-to-1 share consolidation though needs to be factored in - and today there’s a 10:21am Short Term Loan Facility announcement…
Hello, Share Walkers. Anyone not subscribing the measly £5.99 a month to reap all the trading advantages of this beautiful website is probably taking an unacceptable risk. Especially at this time of year, when you still have a chance to sell your losers to cut your capital gains bill.
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