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Invinity: clearly there is something wrong: time for Andrew Monk to apologise and ‘fess up, clearly it is bailout placing ahoy
On September 5 2023 I took Andrew Monk of VSA Capital (VSA) to task for trying to ramp shares in Invinity Energy (IES) on an all expenses paid jolly visiting Canadian fund managers. The shares were then 49p. I do hope that you followed my bear call as, despite Monkey’s wretched protestations, I was bang on the money. The shares are now 28.5p and falling rapidly.- By Tom Winnifrith |
- 22 November 2023, 13:43 |
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Johnson Matthey continues to be excited about fully circular solutions in the world of PGMs and more
I have bored you all before, such as back in early September, about why I am such a lover of (now) FTSE 250 company Johnson Matthey (JMAT). And, whilst the shares may be down by about 25% during the last year, the reason I have tripled my holding is nothing to do with the company’s now over 5% dividend yield, it is all about “catalysing the net zero transition to drive sustainable value creation”, among other matters…
- By Chris Bailey |
- 22 November 2023, 13:05 |
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EXPLOSIVE: Technology Minerals an academic writes…
I have warned repeatedly that the stench of career fraudster Chris Cleverly of Tingo (US:TIO) and African Potash (AFPO) infamy, rendered Technology Minerals (TM1) utterly uninvestable. I have now received a letter from an academic which I republish and will be forwarding to the FCA. Anyone reading the letter and still holding the shares is truly certifiable.- By Tom Winnifrith |
- 22 November 2023, 12:23 |
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Pebble Group – profit warning, though it reckons “look forward to returning the group to growth in 2024”. Really?
Describing itself as “a leading provider of digital commerce, products and related services to the global promotional products industry”, The Pebble Group (PEBB) has issued a “trading update” including that its Facilisgroup business, providing a digital commerce platform for promotional products businesses in North America, “FY 23 revenues are expected to increase by approximately 10% compared to prior year of USD20.4m” and that, overall, “the group has continued to generate stronger gross margins in FY 23 compared to the prior year”. So what of a current share price response to around 60p… more than 30% lower?!
- By Steve Moore |
- 22 November 2023, 10:59 |
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Ariana – Drilling In Zim: Peter Lynch Eat Your Heart Out!
It was, if memory serves me correctly, Peter Lynch who coined the term “diworsification” in his book One Up On Wall Street. The concept was simple – you have a good product, a good operation and are making money, so why diversify into something else and mess up an otherwise good company?- By Nigel Somerville |
- 22 November 2023, 09:21 |
This Techno Wizard should Get a Diploma for Impressive Results
Hello Share Tinkers. You may be unfamiliar with a company called Diploma (DPLM). But it’s big and well thought of in the City. While recent results were impressive. It is a technical services and products supplier, usually in demanding situations. And what it deals in is in strong demand.- By Malcolm Stacey |
- 22 November 2023, 08:12 |
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Technology Minerals the shareholders are getting restless as more red flags emerge, RNS needed, CEO must "be resigned"
Any shareholder in a company linked to career fraudster Chris Cleverly of Tingo (US:TIO) infamy, aka the first cousin of our esteemed Home Secretary, is bonkers. And thus I have repeatedly warned folks about Technology Minerals (TM1). It now seems that some of the cultists, who gather on a closed Telegram group to discuss what a complete bastard and ignoramus I am, how Chris Cleverly’s farts smell of roses and and how they will all get rich, seem to be getting restless. One has written to chairman Martin Brundle making rather damaging allegations. Thanks to Winnileaks, I bring you the letter below. Suffice to say, anyone holding the shares, at 1p, is certifiable.- By Tom Winnifrith |
- 21 November 2023, 16:03 |
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Tom Winnifrith Bearcast: what can we all learn from the Empresaria profits warning?
In today's podcast I look at why charting is folly, musicMagpie (MMAG), Tintra (TNT), Empresaria (EMR) and numerous lessons we can all learn and Lift Global Ventures (LFT) run by brown envelope man Zak Mir and why its results are so utterly misleading.- By Tom Winnifrith |
- 21 November 2023, 15:02 |
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SkinBioTherapeutics – placing and “retail offer”… and CEO Stuart Ashman talking absolute rubbish, shares still a BUY
SkinBioTherapeutics (SBTX) has announced a placing and “retail offer” at 19p per share to raise, respectively, a minimum of £3 million and up to £0.25 million, with CEO Stuart Ashman stating this is needed “to help with the current commercialisation and development strategy of AxisBiotix in skin health, with our latest venture beginning in acne, as well as providing a stronger financial base to support our strategic partnering discussions around three of our other business pillars. The funding will also support us with working capital and strengthen our balance sheet”. Tom Winnifrith has applied for shares in the offer and we suggest you do too BUT Ashman is talking bollocks and we will be slashing our target price from 150p.- By Tom Winnifrith & Steve Moore |
- 21 November 2023, 14:50 |
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Eckoh – I having previously questioned how “confident” to really be in its outlook, how are its interims?…
At the beginning of this month I wrote on Eckoh (ECK), describing itself as a “global provider of customer engagement data security solutions”, that its half-year trading update suggested it would be interesting to see the further financials detail of the half-year results and that the valuation at a 40p share price looked to suggest, considering the current harsh stock market environment, still little room for any trading disappointment. So what of its now “pleased to announce” results for the six months to 30th September 2023?
- By Steve Moore |
- 21 November 2023, 14:22 |
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Tern – a dismal and deeply unimpressive pre placing attempted ramp
I know Tern (TERN) is running on vapours. You know it and Mr. Market knows it. And as such all that tern can do is issue a wholly meaningless update on its portfolio and hope that the fuckwits who invest in AIM dross buy the shares, pushing them higher and so allowing one last deeply discounted placing to get away, giving it a few more months to limp on. Today’s statement ended with an implausible claim about boss Al Sisto.- By Tom Winnifrith, the Sheriff of AIM |
- 21 November 2023, 13:16 |
Video: When the FOMO Comes Rushing Into Commodities
Author Andrew Hoese from Finding Value Finance discusses the potential for inflation in the near future and its impact on various markets. He believes that demographic pressures and fractional reserve lending will lead to inflation and potentially a debt crisis if interest rates rise too high. He suggests that Jerome Powell may raise interest rates further to slow inflation, but this could make it unaffordable for millennials to buy homes. Hoese also discusses the possibility of a short-term slowdown in the real estate market due to deficits and the stimulus sent in 2020. Regardless further inflation may be coming.- By Tom Winnifrith |
- 21 November 2023, 12:41 |
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RegTech Open Project – why its incoming CFO should provide a trading update
According to Regtech’s (RTOP) RNS of 7 September 2023, Paul McFadden will be arriving as Chief Financial Officer with an effective start date of 5 December 2023. When his appointment was announced Regtech’s share price was just over 200 pence per share and now languishes close to its near its 52-week low of 9 pence per share, a drop of more than 95%.- By Tom Winnifrith |
- 21 November 2023, 12:05 |
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Empresaria – notes expected full year adjusted profit before tax, but not that it’s a significant further downgrade…
Previously writing on international staffing group Empresaria (EMR), in August with the shares at 40.5p I concluded that I retained concern on the group meeting market expectations and, even on it being able to do so, how it would translate to the bottom-line and, therefore, continued to avoid. The shares most recently closed at 40p, but what of today a “Trading Update”?
- By Steve Moore |
- 21 November 2023, 11:00 |
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Even for a pescatarian, Cranswick and its world of selected meat opportunities remains a buy
Be it for Thanksgiving or Christmas (or for some of you - good luck with that! - both), I guess a lot of meat will be eaten over the next five weeks or so. Somewhere close to 99% of the time I am a pescatarian, so protein comes more from fish rather than chicken, beef, pork et al. None of this though has stopped me holding Cranswick (CWK) shares this year which, despite all its “passionate about producing only the best quality food”, is really all about meat, meat and…meat. And despite the cost of living crisis, labour force supply issues and other worries, it was good to read this morning that the Cranswick “outlook for the current financial year ending 30 March 2024 is now expected to be at the upper end of current market consensus”. Bring on the Christmas special a bit early then!- By Chris Bailey |
- 21 November 2023, 09:57 |
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Tingo files Q3 numbers with SEC – doubt the caveats will wash or save Chris Cleverly from jail time
After the SEC suspended trading in the shares of the fraud Tingo (US:TIO) last week for at least a fortnight, Tingo filed a notice saying that it would not be filing its made up Q3 numbers with the SEC. It has now filed the numbers but they come with a big caveat:- By Tom Winnifrith |
- 21 November 2023, 09:23 |
Woodlarks Christmas Grotto target reached & beaten – many thanks indeed
Thank you very much for all your generosity during the past three days. The target of £2,000 was reached and surpassed last night and as I write £2,175 has been reached which , with gift aid, is almost £2,600. You can still donate HERE to give even more presents to the kids in special schools and hospices. But the target is reached and on behalf of Nick, Sarah and the amazing team at Woodlarks, I say thank you very much indeed.- By Tom Winnifrith |
- 20 November 2023, 17:03 |
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Tom Winnifrith Bearcast: No I am not supporting team cancer
In today's podcast I discuss Inheritance tax and the dangers of inherited wealth, cancer and Avacta (AVCT), musicMagpie (MMAG), Velocys (VLS), Helium One (HE1), Powerhouse Energy (PHE) and Woodlarks.- By Tom Winnifrith |
- 20 November 2023, 16:51 |
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Vesuvius – confident will meet 2023 expectations, for income and growth BUY
Molten metal flow engineering and technology company Vesuvius (VSVS) has issued a trading statement including that its “differentiated solutions supporting both good pricing performance and market share gains… gives us confidence that we will continue to meet our full year 2023 expectations despite weaker market conditions”. Good news from a current 410p share price here?- By Tom Winnifrith & Steve Moore |
- 20 November 2023, 16:50 |
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Thruvision – interims, ‘a robust base from which the group can profitably grow’?
Previously writing on group describing itself as a “leading provider of walk-through security technology” Thruvision (THRU), last month with the shares up to 24p I concluded I still continue to question whether the group has currently ‘a robust base from which the group can profitably grow’. At a now prospective £38.6 million market cap, I still currently certainly avoid. What now of the group’s results for its half-year ended 30th September 2023 and the shares currently at 20p?
- By Steve Moore |
- 20 November 2023, 16:20 |