From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Latest News

SAA

M&C Saatchi – argues ‘trading profitably’, but further results delay...

Marketing company M&C Saatchi (SAA) has updated commencing that it is “pleased to announce that the group has continued to trade well and profitably in the opening few weeks of the second half of 2020. New business remains strong” – and the shares are currently at 64.4p, more than 5.5% higher…

URU

URU Metals – Ramptastic pre-placing RNS: you have been warned!

AIM-listed but BVI-registered URU Metals (URU), which as Cynical Bear put it, seems more interested in drilling shareholders’ pockets than the ground, has announced a ramptastic pre-placing RNS this morning. Of course, we all knew it was coming as by my maths this John Zorbas POS is still technically insolvent and the clue is hidden in today’s announcement.

RR
premium content

How lucky are you feeling? The Rolls-Royce edition

In the last fifty days I have written about aerospace name Rolls-Royce (RR.) twice already before today. The first was to ask the question ‘when the money raising was coming?’ and the second was to appraise whether a selling activist shareholder was bonkers or rational. So finally – as previewed in both articles – what did the formal first half numbers say?…

AAU
premium content

Ariana – Cracking Q2 numbers from Kiziltepe - 10p share price within months?

AIM-listed Turkish gold-producer Ariana Resources (AAU) has released Q2 results from its first Turkish gold mine at Kiziltepe this morning, and the numbers look excellent. Of course, the real news I am awaiting is progress on the proposed corporate action to bring in Ozaltin and sell off chunks of its Turkish assets for $30 million, but this morning’s news does no harm to the proposition.

INSP
premium content

Inspirit Energy – Let's solve a problem (that does not exist)

I note the comments from my colleagues on this site – Nigel Somerville most recently yesterday and Tom Winnifrith in bearcast yesterday on Inspirit Energy (INSP). I concur with the general thrust of the views expressed – crap management and sod all progress over many years. I also note the rebel shareholder and his background. I wish him well. But I suspect the whole idea is bonkers based on technicalities and politics…

NOG
premium content

Nostrum Oil and Gas – here we go again!

I have commented on main market listed Nostrum Oil and Gas (NOG) back in October 2019 and it was a core holding in my Vomit list at the start of the year. I have been expecting a financial restructuring, most likely in the form of a debt for equity deal for some time. Yesterday’s RNS confirming the company is in default on its bond interest payments has come as no surprise. What has amused me is the line-up of advisers on each side. This is a re-run of the Afren refinancing in 2015 with much the same runners and riders!…

BYOT

Hand-Washing is the Name of the Game and this Mighty Minnow Looks Set to Grow on it

Hello, Share Trudgers. I’ve recently been commending Creightons (CRL) for its exposure to the burgeoning hand sanitiser market. That share seems to have stalled for the time being, as the company has delayed publishing its numbers. So let’s have a look at another outfit in this promising market…

JWNG

Jaywing – “well positioned to benefit as economic activity recovers”?

Marketing and consulting company specialising in data science, Jaywing (JWNG) has updated including that it “is pleased to announce that it has appointed Caroline Ackroyd as Chief Financial Officer with effect from 7th September” and “has also continued to win new business and the April to June quarter has been profitable at EBITDA level” – and the shares have currently responded lower to 2.65p…

Bearcast
premium content

Tom Winnifrith Bearcast: Nilesh Jagathia is not only a thief but a limpet too

My main podcast today was a history lesson for the loathsome BBC HERE. In terms of bearcast, I am not so inspired today. I promise I shall be more on fire tomorrow but do comment on why Harry Adams of Kefi Gold & Copper (KEFI) is share dealing like a dervish. I also look at the rebel at Inspirit (INSP) and explain why I think he is doomed to fail and why anyone buying the shares needs their head examined.

VNET

Vianet – ahead of its forecasts… but what does that mean financially?

“Vianet Group plc (AIM: VNET), the international provider of actionable data and business insight through devices connected to its Internet of Things platform, today provides an update on trading and the group’s current status regarding COVID-19” – and the shares have currently responded up to 96.5p…

INSP
premium content

Trouble at t’ Mill brewing in Inspirit's boiler room as 6.5% holder launches blistering attack

AIM-listed boiler-room Inspirit Energy (INSP) has been a long-term non-performer on the Casino ever since the reversal of its technology (having failed as a private company) was reversed into Kleenair Systems in 2013. Almost anyone who has had the misfortune of investing here will be nursing very heavy losses, and the company seems to have little or nothing to show for the last 7 years as an AIM Casino chip. But now the company is under attack from 6.5% holder Chris Heminway, who launched a scathing attack late on Monday via the RNS system.

JLP
premium content

Jubilee Metals – ore supply and processing agreement continues expansion...

Jubilee Metals (JLP) has announced an ore supply and processing agreement which “not only significantly extends the life of the existing PGM resource but also offers the potential for Jubilee to significantly expand its Inyoni Operations”…

TERN

Tern – Pathetic Q&A "News": Still a SELL

AIM-listed jam-tomorrow, some day, never investment company Tern (TERN) issued a very odd release this morning through the RNS system via the EQS Corporate News service, an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only/non-regulatory news releases such as marketing messages, corporate and product information into the public domain. We are further told that Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on EQS Corporate News. In other words, it is the equivalent of an RNS Reach – and was not even signed off by Tern’s current Nomad, Allenby.

Gold

Video: We are in the Early Stages of the Largest Bull Market in the History of Precious Metals

Analyst Nick Giambruno explains which assets are “hard assets” and so will fly when fiat is, as now, being debauched. There are key characteristics that make gold the best money, and other assets like silver and bitcoin share many of those features. Bitcoin fits this definition because it’s scarce, and its supply growth is similar to that of gold (gradually declining).

BREE
premium content

Breedon needs to sweet-talk the CMA

Back in March I observed that I wanted to see the building products supplier and facilitator Breedon (BREEattempt to cut the price of its deal to buy the UK assets of global behemoth Cemex. Since then the company pushed out some numbers where it may have given no guidance but it noted ‘there is significant pent-up demand to be satisfied in both housing and infrastructure, reinforced by the substantial programme of investment confirmed by the Chancellor’…and remained optimistic about the deal. Well get those calculators out again as today the Competition and Markets Authority (CMA) ‘raises competition concerns in the supply of building materials in some parts of the UK’…

ESC

Escape Hunt – announcement sees shares 20% higher, Big news then?...

An announcement from escape-the-room experiences company Escape Hunt (ESC) and the shares currently at 9p, 20% higher on the back of it. Big news then?…

AVCT

Avacta's Share Price Still Holds Up, but for How Long?

Hello, Share Testers. Let’s have a bit of fun looking at Avacta (AVCT) again. This share is like an irritable fly buzzing around my head. We all know that the company looks hugely overvalued, that is if you strip out the possibility of the company being involved in some major testing operation. Uncle Tom has famously attacked the chances of this ever happening. Yet the share price is quite resilient…

NFC

Next Fifteen Communications – emphasises “well ahead” of its expectations, but...

Self-styled “data and technology-driven marketing group”, Next Fifteen Communications (NFC) has updated including “for the six-month period to 31st July 2020, revenues are expected to be up by approximately 6.5% compared with the same period last year to £126m and adjusted profit before tax up by over 16% to at least £20m… driven by our B2B technology focused agencies” – and the shares have currently responded to 447p, more than 21% higher…

ASLR
premium content

Three As: Asimilar, All Active and Akers seem to be coming out as Zs

When I wrote about Asimilar (ASLR) back in February on its suspension, my last comment was that I sense a car crash coming this way…… This morning the car crash has happened, but it will surely get far worse…

LEK
premium content

Lekoil – follows loans restructuring with joint broker appointment. Hmmm...

“Joint Broker Appointment” announcement from Lekoil (LEK), with a 2.95p share price giving a market cap of £15.8 million. Hmmm…

Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

Most Read in the Past Seven Days

That Was the Week that Was

 

CTAI

Catenai – monster dilution

Time left: 19:00:30