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Latest News

AIR

Air Partner – I having previously suggested bank gains, Interims...

Previously writing on aircraft charter, safety & security company Air Partner (AIR), in July with the shares at just above 90p I suggested it possibly the point to bank gains here and for now monitor how the “more normalised” trading goes from the watchlist. Today half-year results – and the shares currently 6% lower on the back of them, at 72p…

XTR
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Xtract Resources – Calamity Bird does it again: another forward sold placing with spiv bucket shop Novum plus dirty dealings by ex Beaufort boss and there was just no need!

Having advised readers to bank big gains on Xtract Resources (XTR), I waited the requisite period and then dumped my own shares, disgusted by the way that Chairman Colin “Calamity” Bird seemed determined to dilute his mug punters in a shameless and un-needed fashion. Today, vindication.

URU
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URU Metals: A Massively Technically Insolvent POS “is pleased to announce” FY Results!

AIM-listed John Zorbas vehicle URU Metals (URU) has today released its FY20 results. It is “pleased to announce” them, as is Chairman Jay Vieira, but there is absolutely nothing here for shareholders to be pleased about. It is massively technically insolvent and the Going Concern statement is a hoot. And call me old-fashioned, but where has the Nomad signed off on this announcement? Maybe I am going blind, but I can’t see the Nomad mentioned anywhere: surely that it a breach of AIM Rules? Has the Nomad resigned? Should the shares be suspended?

RRR
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Red Rock Resources – discount placing raises £1m at 0.8p: Not impressed but not selling...

I’m a pissed off shareholder. On Friday we had an update on Jupiter which indicated that Red Rock Resources (RRR) will continue to get enough in dividends to cover its costs. Great. So now Andrew Bell announces he has raised £1 million at 0.8p – the shares closed Friday at 1p, having been 1.05p midweek…

NXT

What's Next for Next? Not Much in the Way of a Rising Share Price, I Fancy...

Hello, Share Crunchers. It would take a brave investor to consider putting money into high street stores. This seemed true before the virus struck and is even more pertinent now. This week I commended Associated British Foods (ABF) to your further inquiries mainly because Primark’s low prices were likely to beat its competitors and so ride out the virus. But Next plc (NXT) is a different story, in my view…

ESC

Escape Hunt – “pleased to announce its interim results”. Hmmm...

Self-styled “a global leader in the growing escape rooms sector”, Escape Hunt (ESC“is pleased to announce its interim results for the six months ended 30 June 2020”. The shares are currently at 8.5p, down from above 50p as recently as July last year…

Bearcast
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Tom Winnifrith Bearcast: More sleaze at cash-strapped Versarien & a clever arb for morons who like SYME

I am in Shipston with my father and start by discussing how I deal with phone calls here. I look at another crazy Covid story and then at Versarien (VRS), Amigo (AMGO), Vela (VELA), Falanx (FLX), Cineworld (CINE) and at a clever arb for fools like Zak Mir who believe in Supply@ME Capital (SYME), that leading enterprise from the province of Norfolk.

SNX

Synectics – after recent somewhat share price recovery, “Trading Update”...

Previously writing on self-styled “a leader in the design, integration and support of advanced security and surveillance systems” Synectics (SNX), in June I concluded that I remain cautious on the overall recovery here and thus still only presently on the watchlist. Today a “Trading Update” and the shares currently 13.5% lower on the back of it, at 112.5p…

China Flag
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China’s next move on the chess board will be Taiwan. Global surveillance is about to take a new step up

Last weekend, China breached Taiwanese airspace. It’s not the first time, they do it frequently enough for it no longer to be news but fresh from their victory in Hong Kong they are shaping up for a big one. Right now, having won in Hong Kong, they believe they can do what they like.

AAU
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Ariana Resources – ouzo at the ready: $35.75m incoming, half to be distributed (after tax and costs)

That bottle of Ouzo was already on ice, but this morning we learned that partner of AIM-listed Ariana Resources (AAU), Proccea, is to pony up $5.75 million to Ariana for its proposed share in Salinbas to add to the $30 million we already knew about from proposed new partner Ozaltin under the new joint venture scheme currently on the table. Of course, anyone who listened to Tom Winnifrith’s interview with Ariana CEO Kerim Sener at our MineProphets online conference would have known there was more to come, but this morning’s news was a welcome surprise as to its magnitude…

FLX
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Falanx – “successful fundraising” ‘thanks and now big screw you’ to the smaller investor...

“Confirmation of successful fundraising” announcement from Falanx Group (FLX). With the shares having reached 1.9p last month and last closed at 1.175p, what are the details of this “successful fundraising”?…

Newsboy
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RNS potpourri: AA, Hotel Chocolat and Greggs

Loads and loads of regulatory news updates this morning but I must admit nothing that really strikes me as worthy of a standalone article. For example, AA plc (AA.)…

BMV
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Bluebird Merchant Ventures – a giant leap forward, 114% ahead but much more to come...

Shares in Bluebird Merchant Ventures (BMV) have raced ahead to 5.35p (well up on our 2.5p offer share tip) but there is every reason to hang on for even bigger gains. The latest news is very exciting indeed for we loyal shareholders…

BAG

Why this Soft Drinks Company Could Put Some Fizz into its Battered Share Price

Irn Bru isn’t a Star Wars character but a soft drink a bit similar to Tizer, so how has its owner A G Barr (BAG) done in the virus crisis? Not too badly, it seems, though the share price has been hit for six. Maybe a recovery is on the cards…

FUL

Fulham Shore – further updates, how’s the net debt and outlook uncertainty now?...

Franco Manca and The Real Greek restaurants company Fulham Shore (FUL“announces an update on trading ahead of the publication of its audited results for the year ended 29 March 2020 (‘FY20 Results’) and an update on the timing of publication of the FY20 Results”…

Bearcast
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Tom Winnifrith Bearcast: Today's defamatory hate mail comes from Ian_Roy_UK@yahoo.com

Does anyone know this Ian Roy Duncan? He seems unhinged but I receive emails, like the one I read out in this podcast, more or less every day.  Ian owns shares in Supply@ME Capital (SYME) and I discuss that particular Norfolk and why you have to be truly thick as two short planks, as Ian is, to own after today’s news.  I also look at Verditek (VDTK), UK Oil & Gas (UKOG), Red Rock Resources (RRR), Zenith Energy (ZEN) – for whom I have a question – Avacta (AVCT) and ValiRX (VAL) where the valuation, even after today’s fall, looks bonkers after trial data which I discuss and analyse. 

SCE

Surface Transforms – argues “pleased to announce” results… but what about the underlying cash burn?

Writing earlier this month with the shares then having soared to 47p, I reviewed Surface Transforms (SCE“truly game changing” contract award. Is it?, & how’s the current financial position?. Now “pleased to announce” results for the first half of 2020…

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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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