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Readers will know that I'm far from convinced at the buy case for AIM-listed Frontera (FRR), shares in which have again been on the rampage after what looks like a rampety-ramp RNS yesterday. The ShareProphets RNS Translation Service thought it should chip in...
In this video from the storming success that was the 2017 UK Investor Show, Ivor Jones, executive director of ECR Minerals (ECR), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.
In a “non-regulatory RNS Reach communication”, Fitbug (FITB) “is pleased to announce a customer renewal for wellbeing services with a large financial institution”. Wow, a renewal hey – this following recently announced 2016 results showing a more than £3 million net cash outflow before new financing on reduced revenue of £1.1 million…
In this video from the storming success that was the 2017 UK Investor Show, in the 'Dragon's Den' companies have a 60 second pitch to Britain's Buffett Nigel Wray, Tom Winnifrith and Steve Moore for three £1,000 investments. Up first are Sula Gold (SULA), Symphony Environmental (SYM), Asiamet (ARS), Bluebird Merchant Ventures (BMV) and (sort of) Interquest (ITQ)...
Hello Share Pullers. Sometimes we keep shares due to inertia. There are some less than great performers in my bag which have been there for years and so have the status of being a bit hard to trade. I have this illogical urge to get all my money back first.
The future of ShareProphets as an independent critic of the London Stock Exchange has come into question after a unexpected declaration of ownership change to Quindell's Rob Terry, as declared by an official government agency.
AIM-listed Advanced Oncotherapy (AVO) has this morning announced another loan conversion by its white knight death spiral funding provider Bracknor. The lack of liquidity of late makes it hard to imagine that Bracknor is having an easy time offloading. Meanwhile the shares have again slipped and now sit below the threshold at which an EGM to reduce the nominal price of the shares is triggered. Oh dear….
I hadn’t heard of BNN Technology (BNN) until last Wednesday, when the shares tanked nearly 30% without any news, forcing the company to issue a statement to the effect that revenue was expected to grow this year, the prelims for year to Dec 2016 will be out before Easter and that the company was sitting on £28 million cash at the beginning of the year. I thought this warranted a closer look.
In this video from the storming success that was the 2017 UK Investor Show, Jonathan Satchell, CEO of Learning Technologies Group (LTG) is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.
I looked at MySQUAR (MYSQ) recently commenting on the apparent conflict between the broker, Beaufort Securities, and its lender, Sandabel Capital (HERE). The good news is that the Sandabel deal has now come to an end. The less good news is that the average PI here has just been played like a fiddle with a classic pump and dump and it is worth taking a closer look.
I always seem to come away from the UK Investor Show having found at least a couple of companies which I had never looked at previously piquing my interest, and this year’s event was no exception.
Following the profit warning and announcement of the forthcoming Timegrand deal back in February that I covered HERE, Boxhill Technologies (BOX) announced the completion of that deal late yesterday afternoon. Unsurprisingly, the deal raises more questions than it answers and I’m beginning to wonder when Allenby will say enough is enough. Let’s take a closer look at the RNS.
In this video from the storming success that was the 2017 UK Investor Show, David Main of Forbidden Technologies (FBT) is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.
Grafenia (GRA) has updated that “revenues from print in March were strong, significantly ahead of both our internal budget and the same period last year” and that “the board expects full year results to be in line with revised market expectations for revenue, EBITDA and net cash” - yet the shares presently remain at a depressed 6.5p. Why?...
In this video from the storming success that was the 2017 UK Investor Show, Andrew Bell of Regency Mines is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.
In this video from the storming success that was the 2017 UK Investor Show, Charles Barclay, COO of Bluebird Merchant Ventures (BMV), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.
Hello Share Slicers. If you've visited Germany in the last few years, as I have, you’ll be impressed by the prosperity which swirls around the place. People driving posh cars, while smartly dressed (compared to Blighty anyway where the standard is admittedly exceptionally low). There is a fully-listed British property company which has a load of business parks in Germany - including the prosperous cities of Berlin, Frankfurt and Munich. It is doing them up to attract bigger rents.
Writing on hobby products group, Hornby (HRN) last week I concluded that it remained on the watchlist for recovery but that I’d still want further financial evidence of turnaround progress. Some though don’t believe this will be delivered – and are now demanding change…
A prolonged period of low interest rates will tempt banks to take greater risks and sound the death knell for final salary pensions, the International Monetary Fund has warned. A new study from the IMF said a continuation of the cheap borrowing environment seen since the global financial crisis a decade ago would pose a “significant challenge” to financial institutions and force them to make fundamental changes to their business models. Although interest rates have recently started to rise in the US, the IMF said Japan’s experience suggested an imminent and permanent end to the current low interest rate environment could not be guaranteed.
Yesterday, we asked you to caption a photo that YouTube chose for our video of Galileo Resources (GLR) at the UK Investor Show which caught Colin Bird, also of Jubilee Platinum (JLP) and Xtract Resources (XTR), in a particularly animated pose. The quality was high, but the winner of the Caption Contest is:
I start with the announcement late last night from FastFoward Innovations (FFWD) the overvalued investment company run by my good friend the offshore based asset stripper Mr Jim Mellon. I move on to the FRC dealing with Russell McBurnie the disgraced ex FD of RSM Tenon and discuss book cookers, fraudsters. Sam Antar theories and crime and punishment generally. I look at Akers Biosciences (AKR) where book cooking ahead of a placing is alleged, at Zenith (ZEN) and at LPA (LPA) where i would not bottom fish after today's warning for a variety of reasons. Then I note MySquar (FRAUD) is down to 1.15p and I ask John Meyer of SP Angel once more if he will act or is he happy to wash his hands and turn a blind eye to crime. Tonight is a 6 mile training walk and Joshua and I will do two miles this morning. With Gift aid my charity walk on July 28 has now raised almost £10,000. I explain exactly what that means to Woodlarks. If you have not donated, please chip in now with a tenner to get us over £10,000 HERE
A leading Australian Newspaper has revealed that “broke” estate agents are quitting Purplebricks (PURP) in Oz in droves as the market slows. They claim the business model is flawed. Maybe as the UK residential market slows similar cracks will appear here. Remember Aussie growth is one way Purplebricks claims it will start to move out of the red in a material fashion. Perhaps not. The AFR reports:
Below I republish a legal printout from Singapore where four days of Court time has been reserved for MySquar (MYSQ) boss Eric Schaer and his Rising Dragon company ( which is and has always been involved with MySquar as a loan provider) as they stand accused of fraud from a party claiming back $8,750,770 – a lot of dosh. It gets worse.
You could have made a bit of money off my January reiteration that Dixons Carphone (DC.) was too cheap. The shares have pulled back from a slightly frothy 240p and are now trading just below the 200p level which is really building into a big resistance/support level. Today's numbers complicate matters a little more, with a second attempt by the new CEO to ensure he is starting the job at a suitably depressed profits outlook level by pulling down hopes for the next twelve months to just £300 million pre-tax profit versus not far shy of £400 million in the year just completed and over £500 million for the year before that.
In today's podcast I cover in detail Telit (TCM) and also look at MySquar (MYSQ) partially in light of today's stunning news HERE. I look at Audioboom (BOOM), Frontera (FRR), Woodford Patient Capital Trust (WPCT), Prime People (PRP) and 88 Energy (88E). Tomorrow I will be bored to death by Lucian Miers, he will drone on about West Ham for 6 hours as we complete a 19 mile training walk from Bristol along the Avon to a few miles past Bath. I am building up to my 32 mile walk for Woodlarks with Brokerman Dan on 28 July. Think of my suffering tomorrow and please donate a small sum HERE.
Wishbone Gold (WSBN) has announced 2017 calendar year results showing a loss of $0.91 million – though that reduced from 2016 on sales nearly doubled to $8.2 million and “as we look ahead, we see opportunities for 2018 in all our areas of operation”…
The market doesn’t respond well to any announcements of accounting problems, and the share price of any company releasing such news tends to get hammered. In some cases the resulting drop is justified, but there are also plenty of occasions where there appears to have been a massive over-reaction and that can present a buying opportunity, as long as the underlying fundamentals of the business haven’t changed and it is just a one-off error or omission that won’t negatively impact the company going forwards.
In his morning email to his esteemed clients, Zac “The Knife” Phillips, of SP Angel, the UK’s no 1 oil analyst, has utterly ripped into Mayan Energy (MYN) demanding the sacking of the entire board. The great man opines:
Peter Young was the co founder of Independent Oil & Gas (IOG) and until March of this year sat on its board. He is still its “head of Business Origination.” He, and his wife Fiona who works for charity Social Enterprise UK, are either the UK’s greatest living share traders or just plain insider dealers. The stock in question is Rock Rose Energy (RRE) and I merely print a timeline of phone calls and emails and, as Peter Cook’s version of Judge Cantley in the Jeremy Thorpe trial would put it, “then invite you, ladies and gentlemen of the jury, to go away and consider carefully why these two fine upstanding individuals are not guilty of anything at all but should do themselves a favour and become professional day traders.”
Last year Woodlarks managed to do amazing work despite receiving income of just £126,650. That is less than the disgraced now ex CEO of Oxfam earned (excluding his generous expenses). With that cash it does some amazing work as the video below shows. Brokerman Dan and I want to increase Woodlarks income by 20% in one go by raising £20,000 (+ gift aid) from sponsors for our 32 mile walk on July 28. We are now 39% there and we thank all who have backed us already. If you have not: Please please watch the video and sponsor us now HERE
On 29 June last year Israeli tech-company Ethernity (ENET) joined the AIM Casino at 140p. Today the shares sit at just 30.5p after a profit warning and dire results yesterday. What’s not to like?
The great success that was the 2018 UK Investor Show saw six 'Dragon's Den' sessions where a number of CEOs each gave a 1 minute (well, supposed to be!) pitch and three 'Dragons' at each session each picked a stock for a £1,000 investment. With the show having been on April 21st, here’s a second performance update...
Writing on Akers Biosciences (AKR & NASDAQ - AKER) last month - “decided to withdraw” an initial FDA application… & worse, I concluded to run for the hills from this stock. Now, the shares are slumping again – this time on a “Notification of Class Action” announcement. Uh oh…
Since we started performance-tracking stock tips on our platform, Stockomendation has captured over 14,000 individual broker ratings. From this, we can draw inferences from broker activity and identify companies and sectors that are busier than we’d typically expect. Out of curiosity, we ran some analysis this week using data from January 2015 to June 2018, to see which sectors receive a higher than average number of recommendations for each month in the year. Our research produced some interesting, and unexpected, finds.
Hello Share Smiters. Just before I left school there was a hit song by the Brook Brothers. And now I can’t get it out of my head. It was called Warpaint, all about a girlfriend who overdid her make-up. That could be how today’s choice for your further researches got its name.
Yesterday afternoon, AIM-listed Haydale (HAYD) announced a buy by the wife of one of the NEDs. That should be good news, but I see it as bad news - especially as we all know the company needs to get a placing away and has just announced a crap trading update.
You know the old updating of Shakespeare's seven ages of man speech. Well, the modern version is just four ages - lager, aga, Saga and ga-ga. Saga (SAGA) being a company which provides services for the getting-on-in-years tribe. This tribe is more numerous than it used to be - and becoming even more plentiful.
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