Paid for researcher Edison is paid by companies to produce notes. The hooker never tells her client how small his cock is she just gets on with it and thus Edison is always looking on the bright side. But in its utterly misleading note on Tungsten (TUNG) out today, even the rent-boy of the research world cannot bring itself to say buy. That is a pretty big Red Flag.
From a technical and fundamental perspective it is apparent that Monitise (MONI) has gone from being hero, to something close to zero in terms of both market perception and share price. The temptation is of course to think that after such a slap there could be a rehabilitation of sorts on the horizon.
While Worthington (WRN), pro tem, remains a UK listed stock, the Takeover Panel is forcing all sorts of revelations today which raise a few awkward questions for Doug Ware, the boss of this POS.
If you want me to analyse a stock for you just drop me a line at [email protected] - Today I look at New World Oil & Gas (NEW), Sefton Resources (SER) and Xtract Resources (XTR)
Hello Share Chuckers. An armchair trader asked God if it was true that a minute to Him was like a million years.And also if a million pounds was like a penny.‘Both perceptions are true,’ agreed the Lord.
We have often criticised Nomad Roland “fatty” Cornish for his role in the debacles at New World Oil & Gas (NEW), Gate Ventures (GATE) and other AIM casino omnishambles stories. Now he is also acting for Rob Terry’s Daniel Stewart (DAN). But in acting for all these POS enterprises and for signing off on so many comically misleading RNS statements, fatty does have a function. He keeps these joke Companies on the AIM casino and that gives the folks on the LSE Asylum something to froth about. Heck, I forgot – fatty also used to act for Aiden Earley’s Worthington (WRN).
In this podcast I look at three issues: the abuse of the RNS Reach system - something I touched on earlier HERE - and why it needs scrapping; Worthington and all the stink around Frankfurt listings and finally the shameless folk at Thomas Cook.
If you want me to analyse a stock for you just drop me a line at [email protected] - I start this daily feature with a look at Optibiotix (OPTI) , Plethora (PLE) and Tungsten (TUNG).
Since 23 March Touchstone Gold (TGL) has realeased 4 RNS Reach statements. An RNS Reach is a statement that is not financially material but allows company's to ramp their shares bu hoodwinking mug punters into thinking that they are of great import. And the 4 releases were indeed true ramperoonie drivel. The shares responded heading up to 0.9p to buy so guess what happened next?
Given the solid looking recovery on the daily chart for shares of Xcite Energy towards the end of April in the wake of the break above the 50 day moving average then towards 30p, it can be said that disappointment is in the air as far as those who were looking for a lasting recovery here.
Are we headed for a monumental monetary disaster? Peter Schiff is the CEO of Euro Pacific Capital, a broker dealer, and predicted the housing crisis and the stock market crash of 2008, and he continues to make predictions on where the markets are going. Things aren’t looking that bright in general, according to himself, and we are in for more trouble. That is the worrying theme of his interview this week with my colleagues at Palisade Capital. He makes very good points IMHO.
Strange, is probably the best description of the recent price action that Centamin has served up on its daily chart. This point is underlined by the way that since the start of the year we have seen the stock whipsaw either side of the time of 200 day moving average currently around the 60p mark.
The most satisfying link on this week's Top Ten is Sajid Javid replacing Vince Cable as business secretary. The morons spent a lot of energy a) attempting to get Javid to drop his UK Investor Show introduction (he resolutely did not) and b) cheering on Vince Cable's lame attempt to pander to Quindell's victims. The howling could be heard over here in rural Ontario.
In the first of my Bulletin Board Heroes series I look at: Argos Resources (ARG), Advanced Oncotherapy (AVO), Boxhill Technologies (BOX), DQ Entertainment (DQE), Physiomics (PYC) and Richland Resources (RLD)
I noticed yesterday morning that New World Oil & Gas (NEW) has updated its AIM Rule 26 disclosure concerning major shareholdings. Of all the changes, by far the most significant is the inclusion of Alliance Trust Savings Nominees Limited. Alliance Trust didn’t feature in New World’s previous disclosure and yet now apparently holds 6.93% of the company. Why does this matter? The answer is simple. Alliance Trust is Judith and Christopher Williams’ (a.k.a. Chris Oil) broker.
As the death star imploded the rebel alliance was contacted by Sith Lord Zak Mir with a message stating that there was good in everyone, even him. And so we are delighted to welcome the prodigal Jedi back to the fold.
Oddly I had quite a lot to say in this podcast. I start on a personal note, feeling a confidence breached. I then move onto the buggers muddle at New World Oil & Gas (NEW) - really the shares must be suspended now until Wednesday. Then onto Insetco (INC) and lessons learned from a debacle we warned about and which the Deputy Sheriff of AIM covers again HERE. Finally onto the "Gary Newman rule" - his suggestion of locking in those taking part in AIM placings. I sympathise but I warn that it would kill off 400 companies on the casino. Beware of what you ask for.
My big gripes with Charles Clark of AIM Cesspit listed dog Rosslyn Data (RDT) are that its IPO prospectus was misleading and that it is rapidly running out of cash. I really do not care about its CEO Charles Clark's brief stint in the porn industry bit he seems jolly keen not to discuss it and perhaps he needs a bit of a reminder of how exciting his life could have been.
I have not done this before but I want to add a note about my recent Advanced Oncotherapy (AVO) share tip
Amara Mining* (AMA) has announced the results of a pre-feasibility study for its Yaoure gold project in Côte d'Ivoire. The shares are currently 5% lower, at 15p, on the announcement as a net present value, at a 10% discount rate and $1,250 gold, of $228 million compares to $566 million in a 2014 preliminary economic assessment.
Nine share tips, giving in a tax-efficient way, don't count Trump out. And much more...
Value investing is how you make money from shares. Any other approach is not investing but speculating and is, by definition, hit and miss. So do you want to know what Britain's leading value investors are thinking and what shares they are buying and selling? Today's special opportunity is.... Three great value investors will be on stage together discussing how they select stocks and what they are buying and selling at the Global Group UK Investor Show in London on April 21. They are: Paul Scott, Britain's top share blogger, Nigel Wray, the man known as Britain's Buffett, and Dr Paul Jourdan the boss at the hugely successful Amati fund management operation.
From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2017 and thus far in 2018 (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...
Soorry it is rugby day. C'mon Ireland. As you can see Joshua is getting himself ready...
This morning, on such a snowy day, I was thinking how nice it would be to go somewhere quiet and sit, read the paper, and drink my coffee without being bothered by people. As it happens, I live just down the street from the Business Design Centre in Islingtion, and it is Master Investor day, so that would fit my plan perfectly.
The market was remarkably sanguine about the operational update served up by Telit (TCM) this week and at 160p the shares remain a compelling sell.
A Trading Update from Veltyco Group (VLTY) a few weeks ago noted, following continued “strong” trading in December, results “significantly ahead of market expectations”. However, having exceeded 100p last year, the shares are currently available at 89p to buy and this looks to represent an opportunity ahead of April-expected results. BUY at 89p with a target to sell of 125p.
Hello, Share Walkers. Anyone not subscribing the measly £5.99 a month to reap all the trading advantages of this beautiful website is probably taking an unacceptable risk. Especially at this time of year, when you still have a chance to sell your losers to cut your capital gains bill.
I just can’t help fearing for AIM-listed Cloudbuy (CBUY) and its shareholders. Here we are heading for two years after a £5.75 million rescue refinancing by Mr Roberto Sella and now post a further rescue refinancing last December (another £3.5 million committed, of which £1.7 million has been drawn) and I still wonder if the company will ever make any money. Yesterday morning we had its FY17 numbers: they are not as awful as the last lot, but it still look pretty bad.
It's been an ongoing trope on this site to note when mainstream media ties itself into knots trying to avoid mentioning the word ShareProphets. Instead, they tend to refer to our dozen writers as a 'blogger' or, in more convoluted cases, as 'an Italian newspaper.' But finally! We have a brave newspaper, the Western Telegraph, in Haverfordwest has referred to our name in full. No wonder that they were named the best weekly newspaper in Wales.
Amerisur Resources (AMER) has certainly failed to live up to the expectations of its investors and the share price has been in a downward spiral for several years now.
If anyone from Jim Mellon's organisation wishes to visit UK Investor Show we give them admittance. But Jim's minions are desperate to stop us from seeing what a shambles and disaster his event yesterday has become. While Mellon's henchmen stopped Darren Atwater from attending we got another photographer in and what she produced shows why Mellon is so desperate to hide the ghastly truth about his heavily loss making event.
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