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HAYD
premium content

Zero in waiting, Haydale – Gravity Asserts As Bailout Bucket Shop Placing Gets Closer. Just How Bad Will It Be?

By my back-of-an-envelope, AIM-listed Haydale (HAYD) is once again almost all out of cash – I reckoned HERE that the coffers could be bare before the end of September. Having burned through £430,000 in June alone, the company had £1.19 million at the close of June. So what will the company do?

CKT

Checkit – argues “accelerating its plan to achieve profitability”, but what does that actually mean here?

Previously writing on provider of business technology jargon(oops) an “intelligent operations platform for the deskless worker” Checkit plc (CKT), in February with the shares down to 46p I noted it increasing costs with it already cash burn aplenty and how long to wait for a meaningful positive revenue and bottom-line swing?, avoid / sell. The shares last closed at 29p and now a trading update emphasising “successful transformation into a subscription business… Cash at 31 July 2022 was £19.5m… in light of market conditions, the board is accelerating its plan to achieve profitability”... and the shares currently at 27.5p?

LGEN

This Legal Eagle Digs Tallons into Bigger Profits and its Share Price Could Fly Higher

Hello Share Takers. My favourite insurance company has posted some good numbers for the first six months and looks set to have a good year. Its operating profit improved by 8% to a cool £1.2 billion. Cash generation jumped by 22% and the Legal & General (LGEN) five year growth target is performing as it should despite all the headwinds of a shaky current economy.

Price-Vs-Value

ShareProphets readers tips for 2022 competition – end July update

Having asked for readers tips for 2022 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2022 harvest) HERE, the following is the end-July monthly update on performance (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE, AIM casino or Aquis lobster pot and the stocks not to have been suspended at the commencement of 2022).

BOOM
premium content

BREAKING: Bear Raider Miles Dyson sticks it to Audioboom

I do not think Miles is finished with Victoria (VCP) yet where I agree with him that this could well be a zero. Meanwhile he has a new target where I am also a long time bear, 

It is Audioboom (BOOM). Enjoy. The valuation here is bonkers so with the red flags exposed by Miles this is a double short.

UBG

Unbound Group – fundraising result, it really “pleased to announce”?!

Unbound Group (UBG) states that it “is pleased to announce all resolutions put to shareholders at the General Meeting held earlier today in connection with the fundraising and share capital reorganisation were duly passed” and that it “would like to thank shareholders for their support of the fundraising and take the opportunity to welcome new investors onto the register. Now, with the fundraising approved, we will focus on accelerating our growth strategy in a controlled fashion”. So what’s the detail?

Boom

Photo special on Alpesh Patel OBE: where are your customers yachts?

The Crown Prince of the sheep shaggers, Paul Roberts of the excellent Stockomendation website, has been a guest of Alpesh Patel who is caharging folks thousands of quid for a luxury insight into his trading genius. Paul writes:

Bearcast
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Tom Winnifrith Bearcast: When it comes to customer service the French can be such xxxxx

I start with my troubles in travelling and also with a guest at the Greek Hovel changing all the locks. Suffice to say I am in a bad mood as I head back to Wales. Then it is onto Canadian Overseas Petroleum (COPL) where - goaded by a trolling and abusive shareholder - I remind you why the shares will be sub 10p by Christmas and could well then head rapidly towards zero. Then back to Zak Mir and Lift Ventures (LFT), where I serve up a scenario where the initial Miriad deal was illegal and the cover-up needs exposing, something Aquis Regulation could do at ease. Of course if the NEDS and adviser Optiva are smart and, if my theory is correct, they will resign and whistleblow now as IF the initial deal was illegal and that is now being covered up they do not want to be implicated if things get messy.

DBOX

Digitalbox – trading “significantly ahead of the company's expectations”, so why a share price fall?

Digital media company which owns ‘Entertainment Daily’, ‘The Daily Mash’ and ‘The Tab’, Digitalbox (DBOX) has announced a trading performance “significantly ahead of the company's expectations” and on “the acquisition of the web and mobile platform assets of TVGuide.co.uk Limited, announced in May… expects this to enhance… revenue performance and profitability”. So why a current share price response to 11.25p, more than 6% lower?

HSW

Hostelworld – interims emphasise “strong month on month growth”, but what does that mean financially?

Hostel market-focused online travel agent Hostelworld Group (HSW) states that it “is pleased to announce its interim results for the six-month period ended 30 June 2022… strong month on month growth… in the absence of any further deterioration in the macro-economic climate, disruption to airline schedules, or escalation of the conflict in the Ukraine, we expect to be EBITDA positive in H2”. So what of a current share price response to 90p, down almost 5%?

ROO
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By all means have a Deliveroo delivery a couple of times a year…but don’t buy the shares!

Back in April I wrote about “The continuing madness of Deliveroo” (ROO) HERE. I am sure there are a bunch of shareholders (and users) of the online food delivery company who are excited to see a c. 3% rise in the company’s shares today. But don’t forget it is still down a mere 52% year-to-date! And if you purchased last year’s IPO, I offer you my commiserations.

VCP
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How does Victoria respond to the Iceberg bear dossier?

Short selling outfit Iceberg recently published a bear dossier on carpets roll-up play Victoria (VCP), which I reposted on this website HERE. Writing to you from Greece, I am not aware if the deadwood press is taking this matter onwards as what Iceberg wrote was very punchy indeed and I am sure that Victoria’s PR spinners will be using phrases involving the dreaded L word (lawyer) to any of the spineless 4th Estate hacks who ask questions.

SGE

Sage Knows Its Onions and Should Shine in the Ever More Complicated Computer World

Hello Share Seekers. Though it’s not been one of my favourites previously, I’m rather taken by the prospects of software specialist Sage Group (SGE). The fact is that computer technology is the biggest growing thing around. Yet in the grand scheme of things, it’s still in its infancy.

SNX
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Synectics – a recovery Buy?

Last month Synectics (SNX) announced a half-year (to May 31st) pre-tax profit of £0.5 million and said that period end net cash was £4.2 million. At a current 115p offer price, the market cap is £20.5 million, so how much upside potential is there? We believe there is enough value and impending newsflow to get the shares to 155p and here is why.

CDL
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Cloudbreak Discovery: Shameful options and warrants slipped out

Having watched (sub)-Standard listed Cloudbreak Discovery (CDL) get a smash-and-grab placing away at 7.5p per share (a 20% discount to the prevailing price) back in March on the back of some “interesting” boardroom buying, I confidently predicted that the stock would slump back to the IPO price of 3p before too long. Well, it has done worse than that, now sitting not so far away from the all-time low, at 1.775p. And today comes news of a stack of options and warrants in a midday RNS entitled “Amendment to the Stateline Option Agreement”. Except that as far as I can make out, the meat was the issue of the best part of 10 million options and warrants to directors, PMDRs, other members of staff and consultants. Oh, and don’t forget the death spiral!

MTL
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Metals Exploration – after Q2 update, well positioned for a strong second half?

Gold producer in the Philippines, Metals Exploration (MTL) has issued a second quarter update including that it “is well positioned for a strong second half of 2022 as the grade in the mine improves once the higher grade ore in Stage 3 is accessed”.

FAB

Fusion Antibodies – ramptastic patent application announcement, cash sufficient for current requirements?

Fusion Antibodies (FAB) has announced it “continues to work on next generation antibody discovery, and we see significant opportunities in this field… has submitted a patent application in respect of the company's bispecific designs for antigen display”. What of a current approaching 15% share price rise on the back of this to above 100p?

SHI
premium content

I remain a fan of SIG plc (just improve the balance sheet a bit more, please!)

Back in mid-January I wrote that I was going to buy some more shares in SIG plc (SHI), “a British-based international supplier of insulation, roofing, commercial interiors and specialist construction products”. Back then the stock was about 40p and today it is just above 35p. What do I now think after today’s first half numbers?

CRDL

Cordel – “delighted by another major contract win in the UK”, but how major is it?

Transport data technology group Cordel (CRDL) states that it is “delighted by another major contract win in the UK”. So what of the shares currently responding approaching 24% higher to 6.5p?

NEXS

Nexus Infrastructure – I having previously questioned if its confidence was justified, what of a latest “trading update”?

Previously writing on utilities, civil engineering and energy infrastructure company Nexus Infrastructure (NEXS), last year with the shares at 175p I noted the particularly eSmart Networks trajectory looked interesting but the possible trading recovery required and pre-Covid performance concerns saw these shares only on the watchlist. They last closed at 167p, and why are they currently down to 145p on the back of a “trading update”?

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