In November of 2014 the Qualifying Executives in the Nomad team at Daniel Stewart, led by China fraud specialist Mr Paul Shackleton all quit and it was forced to tell those AIM Casino companies it represented that they needed a new Nomad or would be slung off AIM. I can now reveal that the London Stock Exchange then secretly screwed ordinary investors in order to avoid its own humiliation.
K3 Business Technology (KBT) was my first tip of the year for 2015 and, post a recent acquisition and research update, the following updates…
Hello Share Squidgers. Just where is the Lloyds share going? May I humbly opine that it will go a lot further than it has already done in the last week or so – even if the latest rise in value has been pretty remarkable.
Back from lunch with my old Dad who is now in Greece this podcast looks at inter alia New World Oil & Gas, Daniel Stewart and in detail Mosman Oil & Gas and Northern Petroleum
I have taken a look at the FCA spreadsheet on the most shorted shares, having read Steve Moore’s table of most shorted AIM shares and one company name seems to be conspicuous by its absence: New World Oil and Gas (NEW).
Following a profit warning in January which saw the shares down from not far shy of 40p, online fashion retailer boohoo (BOO) has recently announced results for its year ended 28th February 2015. The following reviews…
I am 100% sure that the reason Slater & Gordon boought Quindell (QPP) is because the Oz firm is going ex growth. It overpaid in order to justify its own ludicrous valuation. Now if you need evidence of what a total pup it bought, a source close to Zebra has contacted me at the hovel.
John Meyer of SP Angel this morning comments on Centamin, Caledonia Mining, Metminco, Horizonte Minerals & Kirkland Gold as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond.
The unfolding New World Oil & Gas (NEW) fiasco has taken some bizarre turns, but I’ve just seen written evidence from one new New World shareholder that his broker has only been able to settle 1,060 of the 10,000,000 shares he should have received last Tuesday. That isn’t a misprint. He has only received 1,060 shares, as of writing. If there were any doubt how serious the settlement situation is in respect of New World’s stock that is now blown away. All that can save the reckless forward sellers is for New World to issue more shares.
Arria NLG plc (NLG) has announced “a paid for Proof of Concept Pilot Agreement with the UK arm of a global financial services group” – and the shares have currently responded by falling a further 1p to 6p. The following explains why…
Shares in volatile AIM loser Kalimantan Gold (KLG) have been showing flickering signs of life as the company reports ‘visual copper mineralisation’ in the first four holes drilled at its Beruang Karang Main (BKM) deposit in the Indonesian portion of Borneo. Based in British Columbia and also quoted on the Toronto Ventures Exchange, the company received its key permit to proceed only a matter of days ago and says it hopes to take BKM to the scoping study stage during 2015, having so far established an inferred resource estimate there of 47 million tonnes with 0.6% copper, for 621.7 million lbs of the metal.
Today is Fake Sheikh Day. Exactly one year ago, New World proudly announced to the world it had signed its absurd sale purchase agreement with the now infamous Fake Sheikh, “Dr” Muaaz KH M Alfahaid, to gain supposed access to the Kuwaiti oil market. Whether or not New World was ever able to determine if “Dr” Alfahaid was even Kuwaiti is unclear, but there is one thing we can be sure of. Having given “Dr” Alfahaid €1million, in the expectation of receiving $20million (ho, ho, ho), the good “Dr” promptly buggered off to leave red faces all round. Twelves months later, and with New World Oil & Gas’ (NEW) latest fiasco raging, ShareProphets is now delighted to share a photo once more of the good “Dr” together with none other than Bill Kelleher, Peter Sztyk and two other interesting chaps…
From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the shorted AIM shares (by net short position %) and if this position has increased (red), reduced (green) or remained unchanged (black) since a previous analysis HERE…
As you know I like alternatives as an asset class with my alternative portfolio being Wisdens. We held a session on the analysts floor at UK Investor Show 2015 on alternatives and here it is.
Hello Share Ploughers. Let’s have another look at Tertiary Minerals (TYN). After a long fallow period, well, slow decay to be honest, the shares are stirring back to life again.
John Meyer of SP Angel this morning comments on IronRidge Resources, SolGold, W Resources & Coal of Africa as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond.
Hmmmmm, sorry to tell those who are urging investors to boycott this website because we oppose market abuse but your campaign is, like the share price of Sefton Resources, going down in flames. We are having a great day.
The Chinese stockmarket is a crazy bubble right now. Hat tip to John Meyer of SP Angel for a set of crazy stats, Maybe it is time for the Bear Community to head out East?
Now on my 3rd PC in 10 days forgive the two minutes silence at the end of this bearcast...I was trying to say, more on that to follow but this little horror of a machine froze on me. Anyhow this podcast covers Reach4 Entertainment, Sefton, Hunter Resources, Camkids and the other China Norfolks, New World Oil & Gas and the growing sense of doom here in Greece.
David Reading, chief executive officer of West Africa-focused gold play Aureus Mining (AUE), describes as ‘very significant’ the award by the Liberian authorities of a 21-km. extension to the company’s Bea Mountain mining licence to include the promising Leopard Rock target. With its flagship New Liberty gold project set to start producing by the end of May or the beginning of June, the mining licence extension, which brings in Leopard Rock along a 13-km. gold-bearing corridor, comes hard on the heels of a pronouncement from the World Health Organisation that Liberia is now free from the deadly ebola virus.
Nine share tips, giving in a tax-efficient way, don't count Trump out. And much more...
Beaufort clients will get their cash and shares back but it looks as if it may take a while. Special Administrators to the City broker, PWC, has just written to all customers and it looks as if this is an almighty mess. I suspect there are a few connected with Beaufort who will be sweating. PWC writes:
One of my two tips of the year, Berkeley Energia (BKY), has announced half-year results – these for its period ended 31st December 2017…
The short list is Conviviality (SVR), Clear Leisure (CLP) and Graphene Nanochem (GRPH). I discuss all three but also UK Oil & Gas (UKOG) where the deafening silence is a very bad sign. I consider Sir Patrick's Day tomorrow and how Joshua and I will celebrate and I look at Mothercare (MTC), retail gloom, Mitie (MTO) and the double standards of the great and the good. Make sure you get your free ticket to UK Investor on April 21 using the promotional code WINNIFRITH when booking an investor class seat HERE - if only to hear a live 40 minute bearcast with myself & Paul Scott being recorded!
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.
After recent events if Conviviality (CVR) boss Diana Hunter told me that 2 + 2 =4 I would ask her to provide credible third party verification before accepting her at her word. So today, with the shares suspended pending clarification following the "discovery" that £30 million of tax was due by month end, MS Hunter has updated poor investors and it seems everyone loves the company. What bollocks. Here are Ms Hunter's words with a ShareProphets translation service in bold.
Once again Tim Martin, the boss of JD Wetherspoon (JDW) is my hero of the day using the occasion of half year results to lay into big business and the lying liberal deadwood press for misleading us all about Brexit. The great man opines:
Under promise and over deliver is what every adviser tells every company listing on AIM. One might say that Ariana (AAU) has not kept to that script with perfection since it listed all those years ago back in the black and white era. But as we move though 2018 with the 50% owned Red Rabbit mine now operational Ariana is doing what it should as we saw in a cracking operational update this week.
My second tip of the year, AIM-listed Bowleven (BLVN), announced on Tuesday that major shareholder Crown Ocean has once again been upping its stake – it now holds 29.03% of the equity. I took the cue and did the same (though not 29%!). Crown Ocean is, of course, the shareholder which rocked the boat last year and forced out the old board by calling two EGMs and supported the new fellas as they proposed to turn the company into a holding company with rather lower costs.
Hello, Share Teasers. We are now only a few days away from the latest set of figures from IQE (IQE). And once again I face an irritating quandary on what to do with my remaining holding. This cache of shares isn’t as large as it used to be. That’s because only a fool disregards negative comments on this magnificent website. It probably has the best investigative writers in the City. But even the best shorters get things wrong, so I retain some IQE shares.
I’ve previously cautioned on shares in Zinc Media (ZIN) - most recently HERE, and note they currently approaching 17% lower today, towards 0.60p, on the back of a half-year results announcement…
A 1:30pm “Re: Contract” announcement from transport technology company 21st Century (C21). A cause for concern?...
Previously writing on specialist staffing company SThree (STHR) I concluded it may be relatively well placed, but macro concerns saw me cautious on the shares. Today a Q1 Trading Update…
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...
Anyone foolish enough to be a shareholder in AIM-China play Haike Chemical (HAIK) has until 1pm today to accept an offer for their shares at 30p. An EGM on 12 March passed resolutions to delist from the Casino, the execution scheduled for close of play on 19 March.
I’ve been warning on OneView Group (ONEV) since it went from “remains confident” in September 2016 to “likely to be below market expectations” the following month! The shares had then been hit to below 4p… But they’re now circa 12p aren’t they? A September 2017 10-to-1 share consolidation though needs to be factored in - and today there’s a 10:21am Short Term Loan Facility announcement…
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.
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