CyanConnode – how ‘pleasing’ is new Omnimesh order?
Self-styled “a world leader in Narrowband Radio Frequency Smart Mesh Networks”, CyanConnode (CYAN) “is pleased to announce a new order for the Indian state-owned utility ‘Madhya Pradesh Paschim Kshetra Vidyut Vitaran Company Ltd’, for 350,000 Omnimesh Modules, with the majority of payments secured against a Letter of Credit”… and the shares are currently at 5p, approaching 15% higher. So what are those payments?…
- By Steve Moore |
- 7 September 2020, 17:25 |
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Tom Winnifrith Bearcast: Maybe I was wrong (it happens now and again) on AEX Gold
I start with a London millionaire slating me for being an Alt Right billionaire. I am neither but our in-house Euro loon Jonathan Price is a peculiar fellow. I look at the madness at Vela (VELA), at Future (FUTR) and its trading statement (a win so far for Mark Slater vs Matt Earl), at what Verditek (VDTK) did NOT say, and at AEX Gold (AEXG) where the CEO is 13, or at least looks it, but I may have been a bit harsh before.
- By Tom Winnifrith |
- 7 September 2020, 16:09 |
Advanced Oncotherapy – Is it Placing Ahoy, and look what the cat dragged in!
I see that AIM-listed Advanced Oncotherapy (AVO) has appointed a new joint broker, in the form of SI Capital Ltd. Normally for an AIM-listed company surely one broker would be enough – unless someone wants to rattle the tin.
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Amigo hits back: James Benamor is clearly an A grade bullshitter
Instinctively, I back an entrepreneur against corporate suits, a founder against professional managers, a rebel against the board. But in the case of Amigo (AMGO), I cannot back founder entrepreneur James Benamor as he tries to oust the board due to the fact that Benamor is an A grade bullshitter.
- By Tom Winnifrith |
- 7 September 2020, 15:47 |
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CloudCoCo – launch of education global remote access solution, on the corona bandwagon?...
“CloudCoCo (CLCO), a UK provider of IT and communications solutions to businesses and public sector organisations, announces the launch of a Secure Global Learning Access solution for UK institutions delivering education and their students, and inclusion of the solution in a leading education procurement framework”… and the shares have currently responded to 1.55p, approaching 30% higher…
- By Steve Moore |
- 7 September 2020, 15:00 |
Revolution Bars – trading update, re-opening momentum building?...
Revolution Bars (RBG) has updated investors on its progress having commenced the reopening of its bars on 6th July…
- By HotStockRockdets |
- 7 September 2020, 14:40 |
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Interims from Verditek show the lying mothers are more or less insolvent
Welcome Lord David Willetts to the world of turd polishing on the AIM casino and your first interim results at Verditek (VDTK). It’s time for some more share ramping and lying to investors as you guys really do need a bailout placing asap.
- By Tom Winnifrith, The Sheriff of AIM |
- 7 September 2020, 14:24 |
SRT Marine Systems – following July “pleased to provide” trading update, full-year results...
Previously writing on SRT Marine Systems (SRT), in July with the shares at 37p I concluded I continue to wait for some meaningful net cash generation to be shown before reconsidering my decision to avoid. The shares last closed at 41.5p, but are currently back below 37p on the back of results for the company’s year ended 31st March 2020…
- By Steve Moore |
- 7 September 2020, 12:56 |
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Dechra Pharmaceuticals sorts out fat cats but is not on my buy list
A couple of years ago I wrote on shares in Dechra Pharmaceuticals (DPH) not particularly complementarily, observing ‘I would not want to be paying a 30 times P/E ratio for that…even if its range of equine, cat and other animal pharmaceutical products continues to grow’. It has taken a while, but over recent weeks the stock has broken back above this letter. So on a quiet regulatory news day…what to make of this name following the publication of its full year results today?…
- By Chris Bailey |
- 7 September 2020, 12:06 |
Fewer Africans Than You Think Pack a Mobile Phone but this Sparky Outfit is Changing All that
Hello Share Folk. The need for telecommunication has never been higher. The coronavirus has focused many more minds on keeping in touch without contact. This doesn’t just apply to the financially developed world, but to less technically developed places like the majority of Africa. Which brings me to Airtel Africa (AAF)…
- By Malcolm Stacey |
- 7 September 2020, 09:22 |
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Tom Winnifrith Bearcast: It happens once or twice a decade, Zak Mir says something quite interesting
Sorry to the in-house Euro loon Jonathan Price who reckons that my interest in the US election is excessive but two new polls yesterday cast further light on the races in Pennsylvania and Florida which as I noted yesterday are two of the three states that will decide the election. I discuss this and then Justin Urquhart Stewart on gold where he gets his numbers so wrong that I am more bullish than I was as I think this tells you something of wider import. Finally onto my good mate the Sith Lord Zak Mir, a chap called Carl Linton who is a plumber and heating engineer, and the current mood of market craziness.
- By Tom Winnifrith |
- 6 September 2020, 15:55 |
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Iconic Labs – More evidence of Toxic Dave Sefton’s close relationship with Iconic and about his new £1.45 million purchase
Linton Capital LLP, an investment company run by Toxic Dave Sefton, has been busy putting in place the arrangements to buy the Joe Media businesses in the UK – even though Joe Media may, as I exposed a day or so ago, be going seriously off the rails. A recently filed security agreement now to be found at Companies House dated 9 July 2020, indicates that Toxic Dave, Linton Capital LLP and Greencastle MM Limited have entered into an agreement with BPC Ireland Designated Activity Company not to exceed £3,787,000 and any interest due and payable.
- By Tom Winnifrith, The Sheriff of AIM |
- 6 September 2020, 15:47 |
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From my sofa I review the prospects for the FTSE 100 relegated ITV
Regular readers will know already that as far as index shifts go, I tend to find more interest in those falling out of the FTSE 100 than those coming in. Naturally, for spotting epic growth names, such a strategy is not going to be optimal, but if you like momentum names then…good luck. Did you see late last week that whilst discounter B&M European Value Retail (BME) has been promoted to the FTSE 100 index in the latest quarterly reshuffle, media name ITV (ITV) has been relegated?
Video: Fed has Triggered Inflationary Avalanche, follow Buffett and buy gold
And if analyst Craig Hemke is correct, you just have to buy precious metals exposure, especially gold.
- By Tom Winnifrith |
- 6 September 2020, 15:23 |
The ShareProphets Sunday Pub Quiz #53
Welcome to the Sunday ShareProphets Pub Quiz. Find your own beer, sit in the most comfortable seat, and, under no circumstances, can you Google the answer. Only I can do that. There are no prizes but post your scores in the comments for bouquets and brickbats.
- By Darren Atwater |
- 6 September 2020, 15:20 |
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The View from the Montana Log-Cabin as the Nasdaq sells off, Gold holds its own and I welcome convert Jeremy Warner of the Daily Telegraph
Phew – that was quite a week! Having posted yet another all-time high on Wednesday, the Nasdaq went into a mini-meltdown and dragged the DOW and the S&P with it, albeit to a much lesser extent. Even Bitcoin felt the wobbles as it closed the week at a shade over $10,000 having notched up almost $12,000 during the week. But as I sit here on the veranda of my log-cabin gazing out into the woods (where my secret stash of Gold is buried) it was a week of relative peace: it went up to just shy of $2,000 per oz and closed the week at $1935. Crisis? What crisis?
- By Nigel Somerville |
- 6 September 2020, 15:18 |
Sunday Long Reads: 300 year-old butchers, Saudi Twitter, True Singapore, Pickpockets, Disturbing Deacons
Is there a better thing to do on a Sunday than to sit back and read a real, meaty article that is meant to be savoured and enjoyed? Not a blog post, not a news item. Like when we used to do with newspapers before the smart phone ruined everything.
- By Darren Atwater |
- 6 September 2020, 15:17 |
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Comedy Central on the Tern BBs! Does this win Bulletin Board Moron of the Year?
With a hat-tip to Temptress on our own highly intelligent comments board, you just couldn’t make this up! Last week the principal investee of AIM-listed POS investment company Tern (TERN), Device Authority (DA), filed documents at Companies House taking away B-share rights of what appear to be former employees. It seems that these former employees left the building some time ago, but DA’s paperwork has been such a shambles that it is only catching up now. So the BBMs decided it was a tidying up exercise and that therefore DA is about to be sold……£s, not pence.
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 6 September 2020, 15:16 |
Notes from Underground - Most read articles for the week ending 5 September 2020
The most read non-Tom article this week is BREAKING NEWS: Synairgen – Trial “progress”, but do you feel lucky? by Peter Brailey is at a terrific number two or number five including Bearcasts and Tom’s new shareshow. Which one is the best of the week? Tell me in the comments.
- By Darren Atwater |
- 6 September 2020, 15:10 |
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Richmond Group pledges to buy up to 29% of Amigo shares - but this boardroom spat is all just a sideshow to a judicial review of complaints against the company
I’ve been following the whole saga surrounding sub-prime lender Amigo (AMGO) for some time now, as well as the whole of this sector in general.
- By Gary Newman |
- 5 September 2020, 17:24 |