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Latest News

SYME
premium content

Supply@ME Capital and the mystery of Carrefour

There is a small amount of borrow available to allow you to short Standard Listed Supply@ME Capital (SYME) and after this week you should, if you can, grab it with the shares at 0.44p. The market cap is still well over £100 million and this is a zero in waiting…

TERN

Tern: Device Authority accounts posted at Companies House……Yikes!

Share in AIM-listed jam-tomorrow investment company Tern plc (TERN) ended last week at 7.7p – a 10% premium to the last stated net asset value per share of 7p. It was a better week, having seen the share price hit a low point of just 6.25p at the beginning of September. Of Tern’s net assets of £20.1 million at the interim stage, its principal investee Device Authority (DA) accounts for £13.8 million – or 68.7% and last week DA’s accounts appeared at Companies House. Oh dear……

SAGA
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The money raising saga at Saga

Last month I wrote about the insurance and travel name Saga (SAGAand its announced money raising, with money being tapped from the new non-executive chair (at a premium!) as well as existing shareholders and the market. At the link, I called it ‘ten out of ten for commitment’ and on Friday we had the results of the money raising…

Quiz

The Sunday ShareProphets Pub Quiz #57

Welcome to the Sunday ShareProphets Pub Quiz. Find your own beer, sit in the most comfortable seat, and, under no circumstances, can you Google the answer. Only I can do that. There are no prizes but post your scores in the comments for bouquets and brickbats.

Professor

Sunday Long Reads: Bad Canadians, Large Beasts, Looting Hospitals, Murder

Here are five long reads that have nothing to do with shares. Put the kettle on, find a comfy chair. You have the time, don’t you?

Top-10

Notes from Underground - Most read articles for the week ending 3 October 2020

The most read non-Tom article this week, Centamin – Movement in Stage 4 West wall leads to suspension of open pit operations there: Buying Opportunity by Nigel Somerville, is at a terrific number two or at number four, including Bearcasts and Tom’s new shareshow. Which one is the best of the week? Tell me in the comments.

BPC
premium content

Now is the time to take a speculative position in Bahamas Petroleum, given the upside potential on drilling success

It has been some time since there has been a really big exploration drill for an AIM listed company, but that is exactly what should be coming soon for Bahamas Petroleum (BPC).

Bear

As Sir Isaac Newton once discovered, what speculatively goes up, must come down.

Even sir Isaac got his trading badly wrong

ICON
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Iconic Labs – Glimpse Protocol Limited another deal courtesy of Toxic Dave Sefton

On 30 September 2020, Iconic Labs (ICON) announced a Partnership with leading Ad-tech tech provider with the first paragraph stating “Iconic Labs Plc (LSE:ICON), a multidivisional new media and technology business, today announces that after a successful trial Iconic Labs has signed a commercial partnership agreement with Glimpse Protocol, a leading provider of advanced technologies to Ad-tech.”

Bearcast
premium content

Tom Winnifrith Bearcast: Now Quindell (Watchstone) sues KPMG - this is bonkers, it should be thanking it!

I start with a personal message as to why there may or may not be a break in bearcasts over the next few days. Then it is onto how Watchstone (WTG) – Quenron (QPP) as was – is suing KPMG. This is bonkers. KPMG has made Watchstone shareholders far richer than they should be. I explain that and then discuss how if I was in charge and had a time machine, we would have stopped this fraud ever happening. Without the time machine, what would I do now? 

OPTI
premium content

OptiBiotix – potential extended opportunity into new drug and application areas, strong buy

OptiBiotix Health (OPTI) is “pleased to see that Seed has achieved FDA authorisation for an IND in a product containing OptiBiotix’s Lactobacillus plantarum LPLDL®”. So, what does this mean?…

Beggar

Video: Socialism coming to America and what that means for the dollar

This is my sort of bird! Danielle DiMartino Booth is the CEO and Chief Strategists for Quill Intelligence, a research and analytics firm. She makes a stark warning about the USA and the dollar.

YU
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Yu Group – major downside risks (if you actually read the statement carefully!)

Last week’s interim results for Yu Group (YU.) show net assets of £3,753,000 but this includes £4,730,000 of a deferred tax asset. Without this asset, the group would be technically insolvent as liabilities would exceed assets.

JET2

Table of shorted AIM shares - week to 02/10/2020

From the FCA’s spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2019 and thus far in 2020 (by net short position %, those in bold not on the list at the start of 2020) – and if this position has increased (red), reduced (green) or remained unchanged (black) since last week…

ORPH

How Not to Sell a Share Too Soon, Featuring ASOS, Ashtead and Open Orphan.

Hello, Share Pickers. Should you hate making big decisions, share pricking is not for you. A fairly frequent armchair trader has to make them all the time. It’s not just a question of whether we should dump a share, hold or buy more. There’s the more pertinent issue of timing, either long-term or at what part of the day to hit the buy or sell button. I suspect most of us are dithery decision-makers.

OPTI
premium content

OptiBiotix – further expands SlimBiome Medical geographical reach, still a strong buy...

OptiBiotix (OPTI) has announced that it is “pleased to have signed an agreement with UITC to distribute our award-winning medical device in Singapore”…

PIRI
premium content

Covid Spoof of the day Number 2 – Pires Investments has not been reading David Hume

It is not quite in the league of that from Scancell (SCLP) but sub scale investment tidder Pires Investments (PIRI) is also clambering aboard the Covid bandwagon.

Bearcast
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Tom Winnifrith Bearcast: Lucian & I discuss Mike Pence at 33-1 as next POTUS bet

I pray that Donald Trump and the fragrant Melania recover from Covid and, unlike godless liberals who tweet about praying for things, I do actually pray and to someone I believe in. However, Lucian has a bet on Mike Pence to be the next President and I discuss this. I then move on to look at UK Oil & Gas (UKOG) where I did tell y’all, Attis Oil & Gas (AOGL) and share rampers from the AIM swamps, Purplebricks (PURP), and also the latest mystery at Supply@ME Capital (SYME), the worthless POS from the province of Norfolk. Later I am recording a video that I am sure many of you will enjoy.

CEY
premium content

Centamin – Movement in Stage 4 West wall leads to suspension of open pit operations there: Buying Opportunity

Oh dear – this is not what the doctor ordered at all. Fully-listed Centamin (CEY) has announced the suspension of open pit operations at the Stage 4 West Wall of its Sukari gold mine. This follows the detection of movement in a localised area of waste material and production for Q4 will be heavily reduced to around 70,000 oz. But is it the disaster it first appears?

SCLP
premium content

Covid spoof of the day Number one – Scancell

I have documented over many years what a rotten investment Scancell (SCLP) has been but its spoofing on its quest for a Covid vaccine is one of the biggest red flags fluttering. Today it plunged new depths of spoofery as it announced a collaboration with Cobra Biologics “for Cobra to manufacture Scancell’s COVID-19 vaccine.” Great, except that…

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That Was the Week that Was

 

AAU

Ariana – Surprise!

 

ANP

Anpario – a recovery Buy?...

Thursday »

Cat_Fixing_Lightbulb

Bearcast issue update: all should be well

 

ORCP

Oracle Power: Cynical Foul

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