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Comptoir Group – founder seeks resignation of both Chairman and CEO
Lebanese and Eastern Mediterranean restaurants group Comptoir (COM) has announced that it has received a proxy form and a letter from founder, Creative Director and 47.6% shareholder Tony Kitous voting against, at its AGM this week, the re-election of Chairman Richard Kleiner and the directors having authority to allot shares. Further the letter states that if the Chairman and CEO Chaker Hanna don’t resign, a director change General Meeting would be requisitioned.
- By Steve Moore |
- 28 June 2022, 17:20 |
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Supply@ME Capital hook up with China NFT blockchain play – small beer and gobbledygook
How to cram as many buzzwords as possible into an RNS, and thus excite moronic investors: a lesson from the fraud, Supply@ME Capital (SYME).
- By Tom Winnifrith |
- 28 June 2022, 16:04 |
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Tom Winnifrith Bearcast: Cliff Weight of ShareSoc, the High Class Eastern European hooker, Mark Slater & our bet
I'm not suggesting anything inappropriate - just making an analogy, as I discuss Zephyr Energy (ZPHR). Then, I touch on Optibiotix (OPTI), and a chat with Steve O'Hara. If you'd like to spend a day with Steve over all day drink and home-produced Welsh food, you can of course do so, HERE. I am pleased to say that almost a third of the seats are already booked out. After that, it is onto Oxford Biodynamics (OBD) and Shield Therapeutics (STX) - will its placing be at 5p, or not at all?. Then, Pennon (PNN), sewage and Feargal Sharkey. Finally, Abingdon Diagnostics (ABDX), where good news has seen the shares rocket. However, that only postpones the next bailout placing (or death) until Adven
- By Tom Winnifrith |
- 28 June 2022, 15:38 |
TP Group – “financial update”. Another warning...
Previously writing on TP Group (TPG), last week with the shares down to 1.85p I concluded that troubles are clearly currently ongoing with uncertain limits and, certainly ahead of the further update, I avoid. Now a further update... and the shares further down to currently 1.25p.
- By Steve Moore |
- 28 June 2022, 15:15 |
Autins – interims, is it still further uncertainty on semiconductor supply?...
Previously writing on acoustic and thermal insulation group Autins (AUTG), in March with the shares at 19p I concluded that I looked forward to the detail in June-planned results for its half-year but suggest not much cash for long will be available for growth ‘positioning’ and that I certainly continued to avoid. Today the group has announced those results and the shares are currently further down to 14.5p.
- By Steve Moore |
- 28 June 2022, 12:32 |
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Advanced Oncotherapy – Has Odey Doubled Down In Face Of Embarrassment Of Insolvency?
AIM-listed Advanced Oncotherapy (AVO) has announced that Odey Asset Management is coughing up another £4.5 million as part of a £6 million fundraise to add to its investment in March of £2 million, again at 25p a pop – the par price. So is this an act of faith by Odey, or a case of if you owe the bank a million quid then it is the bank which has a problem?
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 28 June 2022, 10:25 |
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Tom Winnifrith Bonus Bearcast - A DDDD Expose and another thought on the fallen star of the AIM Sewer
Once again, I explain why Gary is wrong on that interview: unless you've been CEO of a challenged PLC - I have - you don't appreciate the bind 4d Pharma (DDDD)'s board was in. Then the expose, another financing blunder, an offer rejected and why that decision caused investors to lose everything.
- By Tom Winnifrith |
- 28 June 2022, 09:31 |
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Powerhouse – can anyone explain what is the USP of its unproven tech is now? HUI goes Dutch
On a day when Ceres Power (CWP) hooked up with Shell, promising to spend £100 million on its tech - which will produce Hydrogen far more cheaply than anyone else on this planet - I ask someone, anyone, to explain the point of Powerhouse Energy (PHE), as its bastard offspring, Hydrogen Utopia (HUI), goes Dutch.
- By Tom Winnifrith |
- 28 June 2022, 09:29 |
London Calling... for You to Look at this Umbrella Outfit with a Mighty Divi and a Mini PE
Hello, Share Splashers. I think you might consider whether to buy shares in City of London Investment Group (CLIG). Why might this be a good idea?
- By Malcolm Stacey |
- 28 June 2022, 09:17 |
Parsley Box – Wimbledon package following Platinum Jubilee “success”. Er...
Direct-to-consumer ready meals group Parsley Box (MEAL) has issued a “Wimbledon cream tea & Pimms Daily Mail partnership”-titled announcement including that the offering is “following the success of Afternoon Tea for Two for the Queen's Platinum Jubilee… Our plan includes offering a wider range of relevant goods to our customers which they have demonstrated that they are keen to enjoy”. So what of a share price currently up to 18p?...
- By Steve Moore |
- 27 June 2022, 17:21 |
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Tom Winnifrith Bearcast: Kefi, Kefi, bloody Kefi
The Mrs was nextdoor, so I had to be upfront with you and list the sort of things I normally say but could not do today. Then, it is onto Kefi Copper & Gold (KEFI), and some comments about its behaviour today; Caspian Sunrise (CASP); Verditek (VDTK); Petropavlovsk (POG) - looking like a bang-on zero; and Wildcat Petroleum (WCAT), which is not much better.
- By Tom Winnifrith |
- 27 June 2022, 15:24 |
Can David Lenigas read a balance sheet or doesn't the fat Aussie spiv care?
If I have suggested that Mr David Lenigas was a National Treasure and Britain's most talented objective analyst of small cap shares, rather than a fat Aussie spiv and shameless promoter of penny share dross, I must apologise. Not to Big Dave but to you dear reader.
- By Tom Winnifrith |
- 27 June 2022, 15:10 |
Churchill China – after “pleased to report” AGM Statement last week, a “Director/PDMR Shareholding” announcement...
Describing itself as a “manufacturer of innovative performance ceramic products serving hospitality markets worldwide”, Churchill China (CHH) on Wednesday was “pleased to report” a continuation of record demand, that its order book remains healthy and that it “remain confident in our ability to deliver an improved year on year performance in 2022”. Now a “Director/PDMR Shareholding” announcement...
- By Steve Moore |
- 27 June 2022, 15:09 |
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How on earth did 4D find itself being placed into administration - the red flags that could help you avoid similar
Hindsight is often of little use on the markets and consists of people kicking themselves about something which seems obvious after the event, usually a missed trade, but occasionally it can also be used to avoid making the same mistake again.
- By Gary Newman |
- 27 June 2022, 14:49 |
Pelatro – “AGM Statement”, what about the recent RNS Reach announcements & broker change?...
Software for customer marketing company Pelatro (PTRO) has issued an AGM Statement including that “contracts announced in the last month in both the telco and the non-telco space demonstrate our continuing success in building the group's recurring revenue base… we are confident of delivering a performance in line with expectations for 2022”. So what of a share price of 27.75p, down from above 40p last Autumn?...
- By Steve Moore |
- 27 June 2022, 12:39 |
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PZ Cussons is still a bad day Buy for me
Back in April I called the Imperial Leather, Cussons Baby, Cussons Kids, Carex, Original Source, Sanctuary Spa and St. Tropez seller PZ Cussons (PZC) a “bad day buy” below a 200 pence share price. I think we might have had a few of those year-to-date. But if you have bought some shares - like me - then you certainly have not made a fortune (yet) as the shares are basically 200p this morning. Still, it could be a lot worse…
- By Chris Bailey |
- 27 June 2022, 11:18 |
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Inspirit – Mind The Ramp As Placing Must Surely Follow
AIM-listed Inspirit Energy (INSP) has announced the remarkable achievement of over 30kW from a first stage build test for its waste heat recovery system. Woopie-do! But is this all it is cracked up to be, with the shares up 49% on the news?
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 27 June 2022, 11:10 |
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Versarien – do a google search, and its latest spoof unravels in seconds
Versarien (VRS) admitted the need for a bailout placing within the next ten months (and probably much sooner), or it will go bust. With a quick google search, its latest RNS Reach spoof unravels in seconds.
- By Tom Winnifrith, the Sheriff of AIM |
- 27 June 2022, 09:47 |
Jumbo Retailer with Membership Fees could Beat the Inflation Threat
Hello Share Trundlers. You might want to avoid shares in shops and stores in these inflationary times as people cut down on their shopping. But some retailers might do better than ever when money is tight. Take Costco (0I47) for instance.
- By Malcolm Stacey |
- 27 June 2022, 09:10 |
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Tom Winnifrith Bearcast - in defence of Neil Woodford
I start with the garden, before explaining why I am driving all the way to Greece - my rational decision is a canary in the coal mine of global inflation. I defend Neil Woodford against a low-grade Sunday Times journalist, with reference to 4D Pharma (DDDD). Then, I look at bonkers house prices and when the tears will start.
- By Tom Winnifrith |
- 26 June 2022, 22:04 |