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Guild Esports – “pleased to announce” appointment of new CFO. Er, why’s the previous CFO left after less than a year?
An “Appointment of new Chief Financial Officer” announcement from Guild Esports (GILD), which states that it is “pleased to announce that Paul Kingsley has been appointed Chief Financial Officer and Company Secretary with immediate effect”. What of this and what of the positions having been available?- By Steve Moore |
- 8 January 2024, 16:00 |
musicMagpie: what is going on?
I have been contacted by a couple of readers spooked by the musicMagpie (MMAG) share price climbing by almost 20% today to 12.75p. Every dog has its day even this one. Two things will become apparent in the coming weeks.- By Tom Winnifrith |
- 8 January 2024, 15:58 |
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Huddled Group – “pleased to report” trading update, where’s its “investing” in its businesses now to take the cash position?
Huddled Group (HUD) states that it “is pleased to report an update on unaudited trading results for the year ending 31 December 2023, along with an update on the group's recent acquisition of Discount Dragon and Q4 2023 trading headline numbers”. So what of a current share price response to 3.55p, down over 10%?- By Steve Moore |
- 8 January 2024, 14:39 |
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Argo Blockchain and another bailout placing – will it ever generate free cash?
In short, the answer to that question is that there is more chance of me shagging Cheryl Cole. But now to the long answer as Argo Blockchain (ARB) has passed the hat around yet again for dumb fund managers to piss away other folks cash for the umpteenth time.- By Tom Winnifrith |
- 8 January 2024, 13:27 |
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Tom Winnifrith Bearcast: a new chapter of my life starts today
I start with a few domestic matters before discussing bank debt ref Horizonte Minerals (HZM) and Canadian Overseas Petroleum (COPL). Then it is onto Kefi Gold & Copper (KEFI), Ben's Creek (BEN), Argo Blockchain (ARB) and in detail Technology Minerals (TM1)- By Tom Winnifrith |
- 8 January 2024, 12:40 |
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CMO – “the group remains well financed”. Er, why currently attempting to “strengthen… available liquidity” then?!
Describing itself as “the UK's largest online-only retailer of building materials”, CMO Group (CMO) has issued an update headlined “Progress on key strategic priorities and Q4 trading update”. Not progress on Q4 trading too then?- By Steve Moore |
- 8 January 2024, 12:16 |
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Cellular Goods CEO and Chairman walks, Mike Edwards back to complete the circle of related party bollocks but SMTM
You just could not make this up. Mike Edwards and his business partner Jon Bixby owned 31% of Cellular Goods (CBX) at the time of its 5p IPO. Their vehicle Durban Holdings paid just 0.1p for nearly all of its stock and as the shares were David Beckham/disgraced Daily Mail pumped they started sell. Indeed they sold all their shares. Lovely jubbly for them.- By Tom Winnifrith |
- 8 January 2024, 11:09 |
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MediaZest – Raises Just £120,000 at 0.04p: It is 'avin' a giraffe
AIM-listed MediaZest (MDZ) announced this morning that it had raised just £120,000 (before expenses) at 4p per share. This is, of course, a paltry amount – and is dwarfed by the company’s technically insolvent balance sheet.- By Nigel Somerville |
- 8 January 2024, 10:51 |
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Three on AIM Death Row, Two strapped to the Gurney this Morning but what about Advanced Oncotherapy?
Welcome to death row on the curious world of the AIM sewer. Waiting for that final walk to the gurney were Clem Chambers' Online Blockchain (OBC), obvious wrongun’s Tintra (TNT) and Advanced Oncotherapy (AVO) which should have had its last meal on December 31. Today: two took that final walk.- By Tom Winnifrith |
- 8 January 2024, 10:23 |
Here's Why the Legal is Likely to Land on its Feet, Sorry Claws
Hello Share People. My favourite financial outfit hasn't fared too well over the last two years. But it’s been unfairly treated in my view. And it may only be because indifferent economic news tends to sink all boats, whilst its strong dividends have been holding up. You can expect around a 9% such yield and compare that to your building society income.- By Malcolm Stacey |
- 8 January 2024, 08:10 |
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BREAKING: Do these scumbags have no shame: Dave Richards MBE of Wandisco infamy is back with another venture
Some folks have just got no shame: that vicar bird from the Post Office with her CBE, Julie “Lingerie on Expenses” Meyer CBE and, it seems Dave Richards MBE of Wandisco (WAND) infamy. Less than a year from the near collapse of, once $1 billion capitalized Unicorn, Wandisco, he is back on the scene. You will remember that Wandisco almost folded after it emerged…- By Tom Winnifrith |
- 7 January 2024, 18:13 |
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The View From The Montana Log-Cabin: Looking Ahead As Gold Puts In Yearly And Quarterly All-Time Highs….And Then Drifts
It has certainly been a good few weeks for Gold Bulls. Daily, Weekly and monthly all-time highs were put in at the end of November and following a seemingly inevitable pull-back, Gold put in all-time quarterly and yearly highs (in US$ terms), causing all kinds of excitement from technical analysts. And then it drifted, closing this week at $2,045.- By Nigel Somerville |
- 7 January 2024, 17:46 |
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What can you learn from the Canadian Overseas fiasco and share price crash over the past 18 months?
Given all that has, and is, going on with Canadian Overseas Petroleum (COPL) at the moment, and the fact that I commented extensively on the convertible bonds back in 2022, I decided to pen my thoughts, including looking at how investors can help avoid finding themselves in this situation in the future.- By Gary Newman |
- 7 January 2024, 17:34 |
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Sunday Long Reads: British Museum Heist, Calling Epstein’s Black Book, Mysterious Cells, Cheesesteaks in Lahore, Crypto Whistleblower
Sunday is a good time to sit back, read, and forget about shares. Put the kettle on, find a comfy chair. You have the time, don't you?
- By Darren Atwater |
- 7 January 2024, 10:31 |
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The ShareProphets Sunday Pub Quiz #222
It's time for the ShareProphets Sunday Pub Quiz.. There are no prizes! And remember, no Googling!
- By Darren Atwater |
- 7 January 2024, 10:30 |
Visual Aid: The Best and Worst Performing Sectors in 2023
In 2023, the stock market saw surprisingly strong returns, even as interest rates climbed higher. Exuberance around AI stocks and big tech, lifted returns. Traditionally defensive stocks, on the other hand, declined. Overall the stock market recovered losses from 2022’s plunge, and is now hovering near all-time highs.
- By Darren Atwater |
- 7 January 2024, 10:20 |
Notes from Underground – Most read articles for the week ending 6 January
Every year ShareProphets publishes twenty year-end tips, and these tips overwhelm the Most Read article leaderboard. So I have separated them out, then listed the most read articles and then the most listened-to Bearcasts over the past seven days. The most read non-Quiz, non-Tom article last week is Steve Moore with Plant Health Care – “Brazil approves TEIKKO… excited about the developing plans”. Er, what about the developing funding situation? at No 3 or No 14 including Bearcasts and year-end tips.
- By Darren Atwater |
- 7 January 2024, 10:19 |
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Tom Winnifrith Bearcast: Looking for yield, ITV dividend can't be safe, what about my pension stocks and Malcolm wrong on the USA
I start by looking at the income stocks in my SIPP and at stocks in my pension I expect to start paying out soon. Then at what to buy for more income. I don't think it's ITV (ITV) a Malcolm Stacey favourite and I also take the old boy up on his warnings about America made earlier today.- By Tom Winnifrith |
- 6 January 2024, 18:46 |
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Video: The Greatest Scenario For Gold Stocks
David Skarica, Publisher and Founder of Stock Chart Of The Day says that the current rate-cutting cycle by the Federal Reserve is driven by political pressure. He compares the current situation to previous cycles, noting that in 2008, the market was in a crash, while in 2019 and 1995, stocks were rallying before the rate cuts. Skarica also highlights that the bubbles in 2008 indicated that previous rate cut cycles did not immediately work, but this time, the economy has held up relatively well. He expresses the belief that this rate cut cycle will be different and that predictions of a significant market downturn may not necessarily come true.- By Tom Winnifrith |
- 6 January 2024, 17:26 |
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Canadian Overseas cry babies – your mega losses are YOUR fault, not that of the board
I return to the pathetic cry babies at the Canadian Overseas Petroleum (COPL) Shareholder Action Group blaming, as you can see below, their humungous losses on the board. Man up losers: the folks who are to blame for those losses are YOU. Take responsibility for your own stupidity.- By Tom Winnifrith |
- 6 January 2024, 13:31 |