In this ninth edition of the ShareProphets Radio podcast, sponsored by Yorkville Advisors, in order I  chat to Antony Laiker,a friend despite being my stockbroker, a dinosaur like myself and the boss of AIM listed Vela (VELA). You may need to turn up the violume on his ansswers. Then it is onto Carson Block of Muddy Waters discussing Burford (BUR) and much else in great detail. Carson does not pull his punches and, to my mind, explains convincingly why his latest target will crater.If you like this and can't wait seven days for more of the same you should listen to my Bearcast every day.

Hello Share Touslers. It’s hard to get my head round my present view of Ashtead (AHT), the massive tool hire company. The share price is often among the highest risers in the Footsie. And I confess I have made more money out of it than many of my winners. And yet I sold all my shares far too early, at 1800p. They’re now around 2300p...

Shares in Location Sciences Group (LSAI) have recently slid back below 3p, but are currently recovering above this on the back of a “Contract with Vicinity Media” announcement…

“Convertible Loan” news online marketing and operating company for the gaming industry, Veltyco (VLTY) “is pleased to announce” – with the announcement including “the convertible loan is convertible at any time by the noteholder at a price of 8p per new ordinary share… the convertible loan will automatically convert into ordinary shares if the closing mid-market price of an ordinary share is 15p or more for 25 consecutive business days”. Ooooh – 8p and 15p hey!, with the shares then 3.2p – they currently rising above 4.5p. However…

The old stockmarket adage that delayed news is always bad news held true this morning when AIM-listed Eddie Stobart Logistics (ESL) updated the market on its accounting review and the lack of interim results – which are still not ready. It is all bad news – and very bad news for Neil Woodford who holds about 23% of the equity: the dividend has been scrapped and we had the announcement of what amounts to a strategic review. Of course, strategic reviews are themselves a red flag of more bad news to come. It is grim.

Earlier this month Haydale Graphene (HAYD) released an announcement with the headline: Haydale Awarded Funding to Develop Airbus Approved Space Technology, in which a contract awarded by the European Space Agency was proudly proclaimed. The size of both the funding and the contract were not disclosed as is usually the case with these trifling disclosures and the Haydale share price (sub 2p) scarcely moved, leaving its market cap little changed at around £5 million. It struck me, however, that had Versarien (VRS) - market cap £167 million - made an identical RNS the market cap would probably have risen, at least temporarily, by several times that of Haydale’s total worth, such is the fervour that the company still inspires amongst its loyal retail following. But the point at which Versarien must start to deliver is approaching...

All will be revealed soon. Meanwhile I discuss Eddie Stobart (ESL), Circassia (CIR), Thomas Cook (TCG), Amur Minerals (AMC), Neil Woodford and Watchstone Group (WTG), Quindell as was.

“Alfa Financial Software Holdings PLC ('Alfa') provides the following update on trading, ahead of its interim results which will be released on Thursday 26 September”. Hmmm – why such an update so close to the results announcement? – and not ‘pleased to provide’ I immediately note…

I put my hands up and admit there are some companies about which I just cannot get my head around their share valuation. One of these is the London Stock Exchange (LSE) which - from the perspective of its share price appreciation over recent years - has performed rather well. Yes, I get the natural monopoly angle and some well-timed expansions into different markets and different products, but a x54 P/E and a measly 0.5% dividend yield are starting metrics that indicate...enthusiasm rather than value. And then, of course, there are the range of critiques that this website has highlighted for example, here. Anyhow, back to me and Vince…

Bluebird Merchant Ventures (BMV) “is pleased to announce that confirmation has been received that the ‘Permit to  Develop’ the Gubong Mine has been granted”…

The 10 stages of a property bubble and crash...

Hello, Share Beasts. There was a drone attack on oil refineries in Saudi Arabia at the weekend. As I write this, it’s not possible to gauge the effect on the price of Brent Crude, but it's likely to send it higher. Saudi Arabia is the world’s biggest oil producer. A tenth of the world’s oil and gas comes from the kingdom...

I discuss one of them in full. One have referred to before, part 2 is tomorrow bt I can't say what it is for another few weeks. Then I look at today's Neil Woodford shocker Benevolent AI and how much Neil personally has trousered from valuations now shown to be a joke. Then the attack on Saudi Arabia and what it means for oil prices, gold and the global economy. It is not as dramatic as if this had happened in the 1970s. But there is a dramatic scenario to consider.

The Sunday Times carries a scoop that Neil Woodford's play on revolutionising biotech, BenevolentAI - held in both WPCT and his Equity Income Fund - is being written down because of a fundraise. Of course, ShareProphets worked it out a few days ago when WPCT announced a writedown to an un-named stock but the Sunday Times has it confirmed. 

Folks who own shares in companies that repeatedly lie via RNS are clearly morons. And as Gary highlighted earlier, Iconic (ICON) is just drowning in red flags.But still its investors continue to demonstrate on twitter just how thick as pigshit they really are as I showed yesterday HERE and HERE. Now for another dose....

Fresh back from the Sunday morning bike ride I dip into the (online) Sunday press and see a couple of relevant stories for two old 'friends' I have written about on these pages just a few times. 

All small companies need cash and ideally that will be spent on adding value to the business rather than just to cover its running costs.

AIM-listed Eddie Stobart Logistics  (ESL) was spun out of Stobart Group (STOB) is, of course, a Woodford Dog – Neil holds about 23% of the stock. When the shares were suspended last month in the wake of an accounting scandal because the interims would be delayed, we were told that the numbers would appear in early September. Well, they haven’t appeared and the next opportunity for release falls on Monday – the sixteenth of the month. According to my maths, that will therefore be the second half of September. Where are the numbers?

Is there anything better than sitting back and reading a well-written article on a lazy Sunday? Every week ShareProphets features some long form journalism that you'll find of interest. Grab your cuppa and enjoy these five articles. 

I have commented on I3Energy (I3E) over the last few days concluding this company is uninvestable and noting the company Nomad seems to agree with me. After market close on Friday the company PR man issued an e-mail update to some shareholders. It confirms my thinking. This company is utterly uninvestable at best.