premium content
Chill Brands – 2 very simple questions it won’t answer but should do so via RNS
There are two simple questions that Chill Brands (CHLL) will not answer but the scale of evasion suggests that the answers will be disastrous for shareholders. Let us start with the issue of repeat orders in UK retail for its nicotine free vapes. There is hard data on how many stores have received a first order.- By Tom Winnifrith |
- 17 January 2024, 10:31 |
This Budget Airline's Share Price Could Fly as Travel Further Takes Off
Hello Share Checkers. My immediate family and I haven't exactly been saving on carbon in our latest travel activity. We’ve taken loads of flights lately for holidays and work. We’re not the only ones. Airports around the world are seeing much more custom, and more than pre-Covid levels one fancies.
- By Malcolm Stacey |
- 17 January 2024, 08:15 |
premium content
Centamin – encouraging maiden EDX drill results, Buy
Centamin (CEY) has issued an “Encouraging Maiden EDX Drill Results”-titled announcement. So what of this and a current 94p share price?- By Tom Winnifrith & Steve Moore |
- 16 January 2024, 16:47 |
premium content
Spirent Communications – “expect to deliver an adjusted operating profit in line with the market consensus”. Not in line with the original hopes though!…
Describing itself as a “leading provider of automated test and assurance solutions for next-generation devices and networks”, Spirent Communications (SPT) has issued a trading update including that it is “accelerating our focus on non-telco end markets, and we have seen good growth in order intake for our Positioning business and from Hyperscalers… We are pleased to have started the new financial year with a growing orderbook” and that “the long-term structural growth drivers for our business continuing to be compelling”. So what of a share price currently up towards 127p in response?- By Steve Moore |
- 16 January 2024, 16:29 |
premium content
Tom Winnifrith Bearcast: Turning down a placing
I start by reiterating that there is no "house view" on this website and why I disagreed with Gary on Bushveld Minerals (BMN). Then it is onto Microsaic (MSYS), its past and future, the bull and bear case and why I passed on the placing.- By Tom Winnifrith |
- 16 January 2024, 16:13 |
premium content
McBride – expects first half ‘slightly ahead of expectations’, but what does that mean financially?…
Private label and contract manufacture cleaning and hygiene products company McBride (MCB) has issued a trading update commencing that it “expects to report first half adjusted operating profit slightly ahead of our expectations”. So what of a current 83p share price in response, down more than 7.5%?- By Steve Moore |
- 16 January 2024, 15:05 |
premium content
Canadian Overseas: Lucian urges people to do the maths on the blizzard of shares that could be issued
The $2.5million placing at 0.15p by Canadian Overseas Petroleum (COPL) has now gone ahead. Death spiral provider Anavio is not investing it is merely putting up some cash to allow it to forward sell and convert as much of its outstanding convertible loan notes as possible before Canadian goes bust. Lucian Miers says, do the maths….- By Tom Winnifrith |
- 16 January 2024, 15:05 |
premium content
Hostmore – trading update emphasising ‘pro forma EBITDA’. Er, a few issues…
TGI Fridays and more restaurants company Hostmore (MORE) has issued a trading update including that it “is pleased that the four week December 2023 holiday period generated a further improvement on H2's overall trend, with LFL revenue +4% compared to December 2022… currently expected that H2 2023 generated unadjusted FRS102 EBITDA of £5.4 million, with an EBITDA profit being realised in each of the six months of the period”. So what of that from a current down to 21p share price, £26.5 million market capitalisation?- By Steve Moore |
- 16 January 2024, 11:43 |
premium content
Vast Resources and the Aprelevka spoof, morons fooled again
As I write, technically insolvent Vast Resources (VAST) has seen its shares surge by 21% to 14.25p on news that it has completed the Aprelevka gold mines deal. It is yet another spoof and here is why.- By Tom Winnifrith, the Sheriff of AIM |
- 16 January 2024, 11:35 |
premium content
Tern – Oh Dear, As A Major Investor Seems To Have Thrown In The Towel
Yesterday at 3.22pm AIM-listed jam-tomorrow exercise Tern plc (TERN) announced that its only registered significant shareholder had dumped half of his shares. Of course, as an exercise in folly, I’d say that buying Tern shares is right up there with the best, but it seems now that even the most loyal shareholder is throwing in the towel as Tern’s financial crisis deepens.- By Nigel Somerville |
- 16 January 2024, 11:00 |
premium content
Jadestone issues a positive production update, but there are yet more issues for its Montara field - hold
When I saw the latest update and guidance from Jadestone Energy (JSE) I was expecting that the market might not like it and would focus on the negatives, but I wasn’t expecting it to take around an 18% hit on not a huge volume of shares traded.- By Gary Newman |
- 16 January 2024, 08:02 |
premium content
IQGeo – “ahead of expectations”, but sufficiently for the valuation?
Describing itself as “a leading developer of geospatial productivity and collaboration software for telecoms and utility network operators”, IQGeo Group (IQG) has issued a trading update including that it “is pleased to report that it expects results to be ahead of expectations”. What of this and an approaching 14% higher share price response to 316p?- By Steve Moore |
- 16 January 2024, 08:01 |
premium content
Vast Resources kicks the debt can again, all it needs is for Zimbabwe to respect the rule of law and all will be well!
Here we go again. Vast Resources (VAST) a company where 99.99% of shareholder value has been destroyed was due to repay $8.4 million to two death spiral providers, Alpha & Mercuria, last May. But being a cash consumptive company with no money whatsoever that was going to be hard. If you owe the bank £1 you are in trouble. If you owe the bank $8.4 million the banks, or in this case death spiral providers, are in the merde.- By Tom Winnifrith, the Sheriff of AIM |
- 15 January 2024, 16:11 |
premium content
Tom Winnifrith Bearcast: I know you don't believe O'Hara but here is why I expect Optibiotix to be at 100p
In today's bearcast I discuss Optibiotix (OPTI), Bushveld Minerals (BMN), Diversified Energy (DEC), Audioboom (BOOM) impoverishing poor Gary Newman as is Jadestone Energy (JSE), Canadian Overseas Petroleum (COPL) and Chill Brands (CHLL) and the looming placing.- By Tom Winnifrith |
- 15 January 2024, 15:15 |
premium content
BREAKING: Which leading British Politician promoted the Tingo fraud for just $90
At least, ex post office minister Ed Davey earned more than a quarter of a million for advising the law firm the post Office used to persecute innocent postmasters. If you are prepared to sell your soul demand a large fee. But some leading politicians can be bought for far less.- By Tom Winnifrith |
- 15 January 2024, 14:53 |
premium content
Hercules Site Services – full-year results highlight “cash at year end of £4.2m”. Er, what about those “loans and borrowings” though?!
Previously writing on UK infrastructure sector labour supply company Hercules Site Services (HERC), earlier this month I noted “Civils Projects Division Update”, what about overall performance including of its stated “core business” though?!. Today the company states that it “is pleased to announce its audited results for the year ended 30 September 2023”. So, how ‘pleasing’ are they?
- By Steve Moore |
- 15 January 2024, 14:35 |
premium content
Diversified Energy – if it sounds to good to be true…
Most securities fraud involves shareholders being ripped off but sometimes they can seem to be the beneficiaries, at least in the short term.- By Lucian Miers |
- 15 January 2024, 13:08 |
premium content
Disastrous news from Bushveld Minerals: karma for some of its moronic shareholders!
Last week I asked if Bushveld Minerals (BMN) had LIED to punters when it said in a 5 December RNS that it HAS raised $18.4million. Of course it did lie as, as of today, it still has not received $12.5 million of that cash. So it had not raised the monies it claimed it merely had some dodgy chaps saying that they would put in money. That is very different. Natch stacks of morons who cannot see inside this paywall took to twitter blasting me for telling lies without having actually read what I wrote. Karma mothers. Karma.- By Tom Winnifrith, the Sheriff of AIM |
- 15 January 2024, 12:53 |
premium content
Kefi Gold & Copper: it and I answer seven reader questions
A reader who has endured my writings for many, many years contacts me with seven questions for Kefi Gold & Copper (KEFI). Since many folks have asked similar questions I publish the answers in full. The first four questions were answered by Kefi. I answered the last three. The answers are in bold:- By Tom Winnifrith |
- 15 January 2024, 12:01 |
premium content
PageGroup – argues “resilient performance in challenging market conditions”, how ‘resilient’ though?…
FTSE 250 specialist professional recruitment business PageGroup (PAGE) has issued a trading update headlined “Resilient performance in challenging market conditions”. With that usually meaning trading deterioration, what of the shares from a previous close 456.4p?- By Steve Moore |
- 15 January 2024, 11:49 |