premium content
Jubilee Metals – Q3 chrome record but PGM and copper production lower, still a STRONG risk reward BUY
Jubilee Metals (JLP) has issued a third quarter of its year update including emphasising record chrome production but also noting lower PGM and copper production and lower full-year copper production guidance due to delay completing project Roan expansion. What’s the net outlook from a share price which had recovered to above 7p, but is now 6.85p?- By Tom Winnifrith & Steve Moore |
- 20 April 2024, 19:20 |
premium content
A reader writes on the topic of debt and ASOS.
I flagged up debt in relation to ASOS (ASC) last week and a reader who is an even greater numbers man than Evil Banksta and Ken Dodd although not a scouser, offers a few thoughts on the matter.- By Tom Winnifrith |
- 20 April 2024, 19:10 |
premium content
A failed fund manager writes about how well Britain is doing
No not me! I have apologised for my failures and did not trouser £65 million for losing everybody's money. I refer to Neil Woodford who is reinventing himself as a blogger with a blog based, for unexplained reasons, in Switzerland, as he awaits further FCA censure. His theme is that the doomsayers are all wrong and UK equities are cheap. It was also his theme during the heyday of his fund management screwups. Woodford has been long and wrong for years. Anyhow, the scoundrel opines:- By Tom Winnifrith |
- 20 April 2024, 17:07 |
premium content
BREAKING: Iconic – Toxic Dave Sefton strikes again
Iconic (ICON) shares are currently in suspension as shareholders await an update on the potential Reverse Takeover Over of ITS Holdings 2023 Ltd which it entered into non-binding heads of terms on 11 March 2024. ITS Holdings is the holder of the entire issued share capital of In the Style Fashion Ltd, an online fashion retailer.- By Tom Winnifrith |
- 20 April 2024, 12:11 |
premium content
With TV's, Washing Machines and Laptops Relishing a Probable Revival, Take a Gander at this Growing Online Telly Seller.
Hello Share Grabbers. This ancient baby boomer is fed up with others in my group. Too many of them buy shares in tobacco companies, arms dealers and firms that still test on animals. Not quite right, in my humble opinion. But what do I know? That off my chest, let me commend to you a company that sells electrical stuff.- By Malcolm Stacey |
- 20 April 2024, 08:00 |
premium content
Centamin – Q1 production lower, but a now production and sector recovery Buy
Gold producer from Egypt, Centamin (CEY) has issued its report for the first quarter of calendar 2024, noting expected slightly lower production but also expected increased production rates for the balance of the year and a higher gold price. Is that good news from a current 128.1p share price? You bet it is!- By Tom Winnifrith & Steve Moore |
- 19 April 2024, 16:50 |
premium content
Xeros Technology – “pleased to announce” retail offer closing result, fooling itself or trying to fool everyone else?
Xeros Technology (XSG) has issued a “Result of Retail Offer” announcement which commences, “The board of Xeros Technology Group is pleased to announce that the Retail Offer launched on 4 April 2024 has now closed”. Good news then with it having been stated fundraising net proceeds will be used including for execution of contracts, pursuit of global opportunities and advancing commercialisation… and to “strengthen the company's balance sheet”?- By Steve Moore |
- 19 April 2024, 16:20 |
premium content
Telecom Plus – an income and capital growth recovery Buy?
Recent plc trading updates make us wary of the near-term macroeconomic outlook and we thus now look to a company whose most recent results announcement included “now in 5th consecutive half-year period of delivering comfortable double-digit customer growth… Macro-economic pressures continue to provide a favourable environment for new Partner recruitment and engagement”.- By Tom Winnifrith & Steve Moore |
- 19 April 2024, 16:20 |
premium content
Tom Winnifrith Bearcast: after Cheryl, I add Miss Israel, India and Iceland to the list
I start on the wastefulness of young folks as they bleat about poverty, then to oil and gold prices in light of news from Iran. Then Mark Slater & Jubilee Metals (JLP), Bluejay Mining (JAY), Novacyt (NCYT), Chill Brands (CHLL) and corporate governance at Nightcap (NGHT)- By Tom Winnifrith |
- 19 April 2024, 15:40 |
premium content
Nexus Infrastructure – argues half-year “good progress”, but how good really?…
Describing itself as “a leading provider of essential infrastructure solutions”, Nexus Infrastructure (NEXS) has issued a trading update commencing that “for the six months ended 31 March 2024… expects to report revenue of £26m, in line with the board's expectations and is pleased to report a further improvement in the order book to £72m from £57m at 31 January 2024 and £46m at the end of FY23”. Sounds like good news then, so what of a 72.5p share price still down from 97.5p as recently as February?- By Steve Moore |
- 19 April 2024, 14:15 |
premium content
Tom Winnifrith Bonus Bearcast: I win at Sam Antar's game of fraudster
I stress that Sarah Willingham is NOT a fraudster and Nightcap (NGHT) is NOT a fraud. But Willingham's corporate governance and ethics are shocking and Nightcap (NGHT) is a rubbish investment and will end in tears. In light of today's video EXPOSE, I have now won in the game devised by my pal Sam Antar "fraudster". I discuss in detail.premium content
Brooks Macdonald – wealth management sector value?
An agreed takeover recently of UK wealth and asset management company Mattioli Woods (MTW) has seen us win for the second time there and note there is a lot of M&A in this space. So we now again turn to the sector for value and healthy dividends whilst we wait for that value to be realised. Brooks Macdonald Group (BRK) is also a wealth management services provider. It offers outsourced discretionary investment management for intermediaries and advice-led integrated wealth management for private clients and is also a fund manager to a range of onshore and international funds with offices including in London, Birmingham, East Anglia, Exeter, Leeds, Manchester, Nuneaton, Southampton, Tunbridge Wells, Scotland, Wales, Jersey, Guernsey and Isle of Man.- By Tom Winnifrith & Steve Moore |
- 19 April 2024, 10:18 |
premium content
Alan Green and the Chill Brands loons on twitter, they just don’t get it!
The man who batted for Neill Ricketts at Versarien (VRS) and Lyin’ James Draper at Bidstack (BIDS) and who rudely dismissed my analysis and quality of work on both has a new cause to champion. No, Alan Green is not batting for La Willingham at Nightcap (NGHT) as she can’t afford the fees he charges for his work, but he is now cheering for team Chill Brands (CHLL), taking to both LinkedIn and twitter.- By Tom Winnifrith |
- 19 April 2024, 10:09 |
premium content
B.P. Marsh & Partners – further upside from a winning share tip
Investor in early stage financial services businesses B.P. Marsh & Partners (BPM) has announced the completion of a sale which has seen it receive full repayment of £3.3 million of loans and stating, with there a three year earn-out period, that it “expects to receive at least £15,947,000”. We are 85% plus dividends ahead on this share tip but there is more to come.- By Tom Winnifrith & Steve Moore |
- 19 April 2024, 09:24 |
premium content
Video Exclusive: Sarah Willingham of Nightcap goes bonkers & accuses "obsessive" Tom Winnifrith of spreading fake news
Several of the countless disgruntled employees at Nightcap (NGHT) have sent me a video recorded by Dragon’s Den’s Sarah Willingham and sent to her staff. She accuses folks, clearly me, of being jealous of her success and spreading “fake news” about her and her company. I am afraid, with the shares at new record lows and the company facing a financial crisis within weeks, La Willingham has just lost the plot. The video is weird…- By Tom Winnifrith |
- 19 April 2024, 08:00 |
premium content
Pod Point – “pleased to announce… ahead of guidance for revenue and adjusted EBITDA”. Er, what about the initial guidance though?!
Describing itself as “a leading provider of Electric Vehicle charging solutions in the UK”, Pod Point Group (PODP) states that it “is pleased to announce… audited full year results for 2023, which are ahead of guidance for revenue and adjusted EBITDA… 2024 guidance has been maintained for revenue, adjusted EBITDA and closing net cash”. With how creditable such performance is, of course, depending on how demanding the guidance is, how ‘pleasing’ is the position here?- By Steve Moore |
- 18 April 2024, 15:53 |
premium content
Tom Winnifrith Bearcast: Has Leon at Jubilee slipped up one time too many?
In today's bearcast I start with the economically inactive, shutting rubbish universities, welfare reform and other matters. Then it is Sareum(SAR), Gunsynd (GUN), Rentokil (RTO) and Jubilee Metals (JLP).- By Tom Winnifrith |
- 18 April 2024, 15:48 |
premium content
Tharisa – Q2 update, still a recovery Buy
Producer from the Bushveld Complex in South Africa, Tharisa (THS) has announced a second quarter of its year to 30th September 2024 update including that its performance means it is “on track to meet guidance” for the full-year of 145koz-155koz PGMs (6E) and 1.7Mt-1.8Mt chrome concentrates. Is that good news from a current around 66p share price?- By HotStockRockets |
- 18 April 2024, 14:38 |
premium content
Imperial Brands – half-year trading update, a value Buy?...
Imperial Brands (IMB) has issued a trading update emphasising “first-half adjusted group operating profit ahead of H1 2023 on constant currency basis… Confident of meeting full-year expectations and our guidance of growing net revenue and delivering a step-up in adjusted operating profit growth”. This sounds like good news from an around 1700p share price.- By Tom Winnifrith & Steve Moore |
- 18 April 2024, 14:31 |
Video: Will the Dollar or Bond Market Be Sacrificed First in the Next Crisis?
Veteran gold markets operator Simon Hunt is, naturally, a bull of gold but very bearish on the state of the world.- By Tom Winnifrith |
- 18 April 2024, 13:34 |