Hello Share Tweakers. So shares aren't doing too well at the mo. All those of us who expected a Santa rally to squeeze in before December 25th have so far been disappointed. We got an early Yuletide splurge, but it wasn't much of a fillip was it?
Thanks to Paulie Walnuts for this gem on Quindell (QPP). What on earth can it be trying to hide at Himex? The scale of the panama pump perhaps? Over to Paulie:
ShareProphets launched just twenty months ago and has not spent a dime on advertising – our audience has grown by word of mouth alone. We already have more readers than Shares Magazine and our readership, now 17,050, grows every week. At this rate we will overtake the Investors Chronicle within a year, especially if it keeps on tipping China frauds. The readership numbers for the past month were another record.
Thanks to the joys of the internet we have a sample contract for those Equities First Holdings LLP (EFH) so-called loan deals. It makes fascinating reading - you can read it HERE.Note that it is held on the USA’s Securities and Exchange Commission (SEC) website: I think we can assume it is genuine! Given that EFH is a one product company, this contract gives us a solid basis for a model contract with directors the EFH Six (Optimal payments, IGAS, Cloudbuy, IQE, Quenron and Aengle), which we can now test against disclosures made.
FairFX (FFX) is an AIM listed technology play in the personal forex credit card space. Its CEO Ian Strafford-Taylor presented at the recent ShareProphets seminar on December 8th. To make sure you get priority alerts to book into future seminars register HERE. To watch Ian in action and see his presentation see the video below.
I guess the in-tray for Laurence Moorse, the insider dealing Finance Director at Quindell (QPP), is getting to be a little on the bulging side: folks owed £180 million by the cash strapped company demanding immediate payment; letters from the FCA, letters from AIM regulation, the PWC memos on his dodgy accounting and now to add to his woes …Companies House has confirmed that its on his case.
Having sunk to 0.055p after stating that “if the company is not able to raise additional funds by early January 2015, then the board will have to consider whether or not the company can continue to trade beyond this time”, shares in Ultrasis plc (ULT) currently trade at 0.14p – capitalising the company at £2.5 million – on the back of an announcement that financing “discussions remain ongoing”, though that “there can be absolutely no certainty that an agreement can be reached”. If they are not this is 0p. If there is a refinancing it will be at 0.05p. Why anyone is buying defies belief. The following details the, err ‘not exactly promising’, track record here…
There are not many more trading days left in 2014 so inevitably thoughts turn to 2015. I don’t need to elaborate on the observation that the global economy has a few problems otherwise at this stage of the economic ‘rebound’ from the dark days of 2007-9 interest rates would be going up. This warped environment favours a different sort of share and – sorry to say for any current employees who will be impacted – but Aviva's (AV.) cost cutting heavy takeover of Friends Life(FLG) is just the sort of story that has a strong chance of working next year.
Independent Resources (IRG) is an AIM listed oil junor. Its CEO Greg Coleman presented at the recent ShareProphets seminar on December 8th. To make sure you get priority alerts to book into future seminars register HERE. To watch Greg in action and see his presentation see the video below.
Last July when the skies were blue and the weather warmer, I stumbled across what looked like the depressed share price of Carnival Plc. (CCL) the Caribbean cruise liner company; the shares were then 2117p. Last seen, the share price was almost 2790p – an increase of 31% in five months.
I am starting to feel quite ill and am looking forward to getting back to Bristol and heading off to bed with two cats as hot water bottles and a stiff whiskey. That is not a typo, emember my genetic origins. Ahead of that today's podcast exposed Paul Farrelly MP (Lab) as a useless POS, puts the Tories on the spot on AIM regulation and covers Naibu, Daniel Stewart and the new Daniel Stewart (ZAI), Hargreves Services and Quindell. I also look at tech stocks to short: Blur, Wandisco, Mopowered and Outsourcery
PGC Entertainment (PGCE) listed on the AIM Casino just a few days ago. It operates in China but is run by Westerners. Its CEO Nick Bryant presented at the recent ShareProphets seminar on December 8th. To make sure you get priority alerts to book into future seminars register HERE. To watch Nick in action and see his presentation see the video below.
I wrote on Tyneside-based developer and manufacturer of touch sensor products, Zytronic plc (ZYT) in September post a positive trading update – concluding that, at 255.5p, the shares still looked decent enough value. The following updates post the company having now announced results for its year ended 30th September 2014 - and with the shares now approaching 300p.
The mining goddess, oops I mean guru, was on flying form at the last ShareProphets seminar as she explained how to value mining stocks and whether one should be investing in gold or other metals juniors right now. Amanda will be among the roster of speakers at our Spring seminars which start on Febuary 2, to get priority booking and alerts of them register HERE - the video is below
I have never understood the vagaries of how companies are valued on AIM. Select ten companies at random, have a brief trawl of their recent financials and try to guess their market caps and I defy anybody to even get close. In this spirit I had a look at Bango (BGO) the other day and, forewarned that it was a little on the expensive side, decided to aim high.
Daniel Stewart held its champagne Christmas party last night. Its own shares are suspended as it does not have enough cash but the crony capitalists need to party on. I filmed this video outside to make a few points.
Hello Share Monkeys. I have three kinds of shares which are not doing at all well at the moment.
I am preparing to film a crony capitalism special video outside the "champagne" Christmas party of disgraced soon to be ex Nomad Daniel Stewart. Its staff have publically said they want to beat me up for pointing out that they are wankers who float frauds. Maybe they were lying about that too. I also cover the new Danial Cesspit, ZAI Corporate Finance, Pressfit (DS client), Oracle Coalfieds,Ultrasis, Naibu, IGAS and, of course, Quindell ( a fraud floated by Daniel Stewart).
Daniel Stewart is tonight having its Christmas party and has today phoned my colleague Kathy to say that she has been disinvited because of her association with me. As you know certain staff of Daniel Stewart have publicly threatened to beat me up because of my criticism of their POS firm for floating a series of frauds and for pointing out its own woeful financial position (shares suspended). Well bully boy crony capitalists here is your chance….
From the FCA's spreadsheet of short positions required to be disclosed to it, the following details changes to net short positions in the last week (red if short increased, green if reduced)...
Taking readers suggestions for improvements, we've made it much easier to subscribe to your favourite one-stop source for breaking news and expert analysis on AIM and LSE listed shares. £5.99 pcm gets you access, that works out at sub 2p (inc VAT) per article. Think how much our big red flag calls on the AIM frauds have saved you and hot tips like IQE have made you. Its a nil brainer....it's madness not to sign up.
I start off with a cheque received for 29p. Then as we see the Purplebricks (PURP) share price start to melt I look at hard maths and explain why the shares will collapse from here. I look at the Rose Petroleum (ROSE) placing, misleading comments from worthless crap Strat Aero (AERO), dismal interims from shamed lifestyle company Magnolia Petroleum (MAGP) and then at Intelligent Energy (IEH) which looks like a zero in waiting.
Uber has lost its London license thanks to Transport For London (TFL), a move applauded by useless Mayor Sadiq Khan, The Guardian, the BBC and black cab drivers. But it is very bad news indeed for London and I explain why. It is symptomatic of a new era of economic madness as is Theresa May claiming giving £20 billion (it will be more) to the EU is a good deal and our useless PM also trying to satisfy the greed of lazy and overpaid public sector workers. Perhaps the biggest sign of this madness and wish for economic hari-kiri is Labour's plan to renationalise the utilities. It is utter madness but no one dares say so. We are heading faster and faster towards the precipice my friends.
This week's Bulletin Board Moron contest is sponsored by Nyota Minerals, a company that has more lives than all of our reader's cats.
Last night at 5.25pm Nyota Minerals (NYO) announced that its shares were being booted off the AIM casino. The roll call of shame on this one is appalling. We have AIM Regulation, broker Peterhouse and the directors of the company seemingly all at fault here, not to mention former Nomad Beaumont Cornish and two further Nomads, ZAI Corporate Finance and Allenby being dragged in. It is a true horror show. But rather than look in the mirror, the directors pointed the finger at ShareProphets – blame the media, the investigative journalists, blame evil Tom Winnifrith and myself, Nigel Somerville. This is shocking.
Hello, Share Poppers. It’s always a pleasure to listen to comment from readers of this terrific website. So a few months back, I bought some shares in Aeorema Communications (AEO), as one of my readers said they couldn’t understand why the stock of such an award-winning company was not doing much better.
Shares in HaloSource (HALO) are currently around 20% ahead on the day, heading towards 2p, on the back of an “Agreement with Seven Step Ecotech” announcement. Turnaround time for this Woodford dog then? Er…
This is a share tip that has not worked out. We are well down on the 37p offer price of January - our timing was imperfect. To be fair, we advised averaging down a week or so ago at a 24p offer. Shares in the geoscience and geospatial group Getech (GTC) are now 26p offer after a very good trading update and at this level they are a strong buy.
Well it did arrive in a brown envelope! The eagle eyed among you will see that I appear not to have cashed the last cheque from this source, for 51p. I think I lost it. But I'm now entitled to 80p as a result of being a loyal shareholder in the London Stock Exchange (LSE). Of course my real "dividend" is being able to attend the AGM to berate the hapless head of AIM Regulation, Mr Marcus Stuttard. Truthfully, notwithstanding today's cheque I can say that I am not in this one for the money.
An unusual time (1:01pm) “Statement re contract” announcement from marketing services group St. Ives (SIV). Uh oh...
Some while back – on the 11 August – AIM-listed investment company Tern (TERN) offered up details of a proposed fundraising for its majority-owned investee Device Authority. We were told that a term sheet had been signed with US Capital Partners to raise new equity based on a pre-money valuation of $36 million, and that first close was expected to be in September, with a minimum subscription of $2.5 million. So why is there no mention of any of this on the website of US Capital Partners?
The following censure of Jason Drummond of Teathers (TEA) infamy is damning. It relates to his time at Media Corp (MDC) an AIM disaster story ending in bankruptcy. I think it is fair to say that Jason will not be sitting on any more AIM boards after this.
I previously wrote on parcels, mail and logistics group DX (DX.) last month as the shares returned from suspension following reverse takeover negotiation failure – and did so more than 10% lower at 8.5p. They are now currently down below 8p on the back of a “Financing Update, Property Disposal, Gatemore Loan” announcement…
It all started with a game of croquet. I start with my long term battle with scumbag ex Tory MP, the loathsome Sir Tony Baldry. He is now chairman of Westminster Group (WSG). I analyse its woes after Friday's interims. I look at the forthcoming IPO of the City Pubs Company and hoist some red flags. Then to 88 Energy (88E) and to those who have lost badly by ignoring my previous warnings I warn again. Big Time!
Hello, Share Collectors. Many of us, I know, are still awash in oil stocks, both the producers and riskier explorers. I’ve been advising that we cut down, as the competition from wind, sun, waves and biomass, threatens to grow. But I think I may have been too hard on ebony nectar and here are a few reasons why.
From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2016 and thus far in 2017 (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...
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