Distil (DIS) is a company which I have been following closely for a couple of years – as well as holding shares in it myself.
Hello Share Skaters. When pushed by the respected blogger Bearfacts on this ground-breaking website this week, my finger was hovering over ‘sell’ buttons more than ‘buy’ switches in this rather scary month.
I looked at remote meetings technology group LoopUp (LOOP) just after the company’s August IPO – concluding, with the shares at 112.5p, that the valuation in conjunction with usual IPO and growth risks saw me avoid, but that I’d monitor with interest. The shares closed yesterday at exactly the same price as then – but are currently approaching 13% higher today, at 127p, on the back of a trading update announcement…
Previously writing on GAME Digital (GMD) with the shares at 67p, I concluded bearishly HERE. The following updates with the shares currently down further, at sub 60p, on the back of an “AGM Statement and Trading Update” announcement…
I could not sleep and found myself scouring the interweb for data on poverty and population for the town of Blaenavon where I visited a coal mine on Monday ( see HERE). I plan a major podcast on that when I am back in internet friendly civilisation, i.e. England. On the markets I look at Pearson (PSON), Nostra Terra (NTOG) and the idea that we are seeing a market blow-off. I dismiss one conspiracy theory about market makers then move on to Mitie (MTO) - Matt Earl is da King! - and then to Rosslyn Data (RDT).
I understand that Mark Gustafson, CEO, of Challenger Acquisitions (CHAL) is more than happy to treat its shareholders with disrespect and utter contempt but, come on, surely you can’t just sit on price-sensitive information about whether you are bust or not?
We are delighted to announce that UK Investor Show will be running two new sessions covering two companies of massive investor interest. The show takes place on April 1 (no joke) in London and already boasts a top panel of keynote speakers including Britain's Buffett Nigel Wray, top fund manager Mark Slater, the Queen of Tech Vin Murria, the UK's top share blogger Paul Scott and the UK's oldest fund manager as well as top bears Lucian Miers, Matt Earl and from New York Gabriel Grego and the Sheriff of AIM, Tom Winnifrith.
Who has just written "I said in our last newsletter that my portfolio performance was disappointing in 2016, but I am feeling a lot better now as I made a reasonable profit and better than most of the "expert" tipsters it seems. Perhaps the moral to be drawn from this news is that it might be best to do your own research rather than pick up tips from others and rely on them for investment purposes. Reading the national press or other publications might be useful for picking up ideas, but you should consider any tips with an appropriate amount of scepticism until you have researched the companies and fully understood what they do and their financial structure. In other words, don't simply believe what you read.
Mr Martin you are our hero. You say what we all think about the traitors art the Bank of England, City experts, the spineless twerp Cameron and the remoaners. You say it as it is. Today's comments in the trading statement are just utterly bang on the money.
I just ask a simple question about AIM-listed CloudTag (CTAG) and this pesky financing deal with L1 involving convertible loan notes and associated conversion warrants. Something caught my eye in yesterday’s RNSs from the company, in which it announced yet another loan conversion – and the first (I expect of a great many) warrant exercises by L1.
Those who do not like Beaufort Securities have been lining up to send me copies of an FCA notice varying its permissions to shut down its Discretionary Fund Management (DFM) services with immediate effect. Indeed, for weeks, I have been told by a number of folks tales of the FCA pitching up at Beaufort to remove computers. For those viewing this as part of a wider clampdown on City brokers or a massive blow for Beaufort, I have bad news...
On the back of an RNS Reach (i.e. not even deemed to merit a main RNS) announcement, shares in “digital wellness technology provider” Fitbug Holdings (FITB) roofed it to be 370% higher, at 0.775p, before a suspension of trading was announced. Hmmm…
Hello Share Spaders. Recently, I opined on this superlative website that BT had been over-sold in the last 12 months and was possibly cruising for a new target of 500p a throw, rather than the present sad sub-400p share price. But I’m not so confident over its rival Vodafone (VOD).
Having previously concluded that there could be some interesting recovery potential from commodity and energy markets software provider, Brady (BRY) but that the current uncertainty saw me continue to avoid, I note a trading update from the company...
Sorry this is so late. I am meant to be taking a few days off with the Mrs and Joshua but I am also feeling very much under the weather. Better late than never here is my take on how the LSE has fined broker Cornhill £300,000 over the New World Oil & Gas (NEW) scandal. Where does this leave Cornhill? What about other brokers? The real issue is that the real villain of this tale, of which criminal Chris Oil was just one, appear to have got off Scot free
Previously writing on another ludicrous results statement from Nature Group (NGR), I noted ‘we’ll see on the loss-making Gibraltar entity (“held for sale” net assets on the balance sheet £0.79 million)’. Today there is a “Sale of Gibraltar Operations” announcement, though which also includes a trading update…
Shares in alcohol drinks brands owner Distil (DIS) are currently 26% higher, at 1.45p, on the back of a “Trading update” announcement emphasising “excellent progress” in the company’s most important trading period…
Chocolatier and retailer Hotel Chocolat (HOTC) has updated that it ‘performed well’ in a trading statement for the 13 weeks ended 25th December 2016, with adjusted revenue 14.6% ahead. What about like-for-like performance though?...
This morning AIM-listed CloudTag (CTAG) has announced, predictably enough, another loan note conversion by L1. But in what looks to be a bit of a surprise move, L1 has also elected to start on the warrants too, despite there still being loan notes outstanding. But oh dear, what about the dates…..
Nine share tips, giving in a tax-efficient way, don't count Trump out. And much more...
I do hope that the FCA and the "Independent" directors at Woodford Patient Capital Trust (WPCT) look into this matter with some urgency as we appear to have evidence today, thanks to Oxford Nanopore, that Neil Woodford funds have been stating their NAV in an unnacceptably aggressive manner. And that is the most generous spin on what has gone on.
Is this photo fake? I believe that it is genuine but do not know for sure. But it is starting to do the rounds on the interweb and appears to show drilling equipment being removed from the UK Oil & Gas (UKOG) site at Broadford Bridge. I would assume it is moving, with the goalposts, to Horse Hill.
IQE (IQE) the manufacturer of wafers which pretends that it is the next ARM and is the darling of Bulletin Board Morons, brokers looking to earn 5% on the next placing so writing ramptastic research reports today, avid broker report reader Paul Scott and our own Malcolm Stacey, has served up results for calendar 2017 which will please everybody.
In today's podcast I start with a digression about driving to Greece given the day's good news about the hovel HERE. But I have a serious point about residual values of cars, ref BCA Marketplace (BCA), Northgate (NTG) and others. I then look at Falcon Media (FAL) and its boss who I accuse of fraud and think should go to jail. Then it is on to Milestone (MSG) - told y'all!!!! - Ferrum Crescent (FCR), De La Rue (DLR), and Amur Minerals (AMC). I have a pop at an Ulster born bimbo on BBC Business over Brexit and then discuss Neil Woodford where Roger Lawson defends the indefensible after today's shocking revelations. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH
In days gone by Britain's most conceited fund manager Neil Woodford would have noted how shares in Purplebricks (PURP) have slumped from 440p to c300p in just over three weeks and because Nomates always knows better than the market he would have topped up his holdings. But cash is a tad tight for Neil so he has not done so yet. Maybe he will indeed extend his fund's overdraft and catch another knife? But why are the shares tanking. I suggest you ask RICS.
At 10.38 AM today I published a photo showing that UK Oil & Gas (UKOG) was clearly stopping drilling at Broadford Bridge. The company should have issued an RNS this morning to say this was happening but what does Lyin' Steve Sanderson care about timely disclosure of price sensitive information?
Time to check in with my favoured UK energy and related sector play Wood Group (WG.) which, some of you may recall, I named as one of my tips of the year for 2018. The rationale was basically twofold. First, higher energy prices naturally improve the environment for most corporate names servicing the sector. Meanwhile second, the company had significant self-help sourced from the synergies it could gain from its increasingly timely looking acquisition of Amec FosterWheeler. Beefing up exposure and market share as a sector is coming off the bottom is typically a good probability way to create shareholder value. So how is it getting on?
For some reason I get emails from an outfit called Trendsignal. According to the pretigious ADVFN awards this outfit is the "Best Trading Education Provider" which, I guess means that it spends a lot advertising with ADVFN. Having just read its mailshot I concludee these chaps are A grade bullshitters and I would not use their products if you paid me.
It is one month exactly to UK Investor Show. Book your seats today! In today's podcast I comment on retail generally but also on any company that says that it is talking to its banks and that they are "supportive." I look in detail at yesterday's results from Eden Research (EDEN). Would you Adam & Eve it? There's lots of snakes in that garden. I look at the request for an EGM of Pathfinder Minerals (PFP) to out useless Nick Trew and NED Toff Tory Sir Henry Bellingham MP of 3DM infamy. Sir Henry I have a score to settle and I have a warning for you about what I plan. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH
My son Joshua has stumbled across this shocking video which he tells me is the training video that Steve Sanderson of Uk Oil & Gas (UKOG) uses to help him persuade Bulletin Board Morons to buy into the story at Broadford Bridge and Horse Hill. You can now see from where Lyin' Steve gets his inspiration when it comes to "investor relations" ...enjoy
FinnCap likes to tell us that it is one of London's leading Nomad's. Okay lets overlook the Silverdell scandal where it insisted that it did nothing wrong as the company misled investors who then lost all their money but how about Constellation Healthcare? This may be off your radar as this company delisted from AIM in January 2017. But this is a massive scandal.
It’s clearly one of those weeks where chickens (or falcons) come home to roost as the wheels have well and truly come off at Falcon Media House (FAL) this week and it looks like the inevitable is starting, only two years after I started warning about it HERE.
Hat tip to The Times for running part of this story on Monday but considering I’ve been warning about the Baron Bloom / Oli Fattal property venture, Etaireia Investments (NEX:ETIP) for two years (HERE), I thought I’d join in the fun as Baron Bloom has fallen foul of one of Sam Antar’s ‘three exes”, namely his, soon-to-be, ex-wife who has been spilling the unseemly beans in their divorce case. Bloom has been called out as a total fraudster and has stepped down from Etaireia as a result.
The stock market is of course the best soap opera in the world and today's episode has a distinct retail focus and stars comedy profit warnings, hedge fund bailouts, inevitably the banks and well paid CEOs working very hard...to earn less money. Given the structural shifts online, suppressed consumer spending capabilities and everything else we should not really be that surprised.
“CloudCall (AIM: CALL), a leading cloud-based software business that integrates communications functionality into Customer Relationship Management platforms, is pleased to announce its audited full year results for the year ended 31 December 2017”. The shares have though responded currently more than 6% lower, towards 165p…
Hello, Share Snafflers. So IQE’s (IQE) full-year results are out and once again they fail to electrify the City. This led to a full analysis of the new numbers by a sceptical Uncle Tom. As you’d expect, this investigation is fiercely penetrative. And once again, we owners of the stock are frightened to death by what Tom says.
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