Today's the day that African Potash gets slung from the NEX markets or has the rules bent for them, so in normal circumstances it would sponsor this week's contest. But there is an even better sponsor, step forward disgraced share ramper Roger Lawson of ShareSoc infamy who will donate some of the Globo shares he owns as a prize. Natch, Ramper Lawson sold most of his Globo shares before telling readers to sell, but he still has some left and even offered to help the management take the company forward.
The July edition of the UK Investor Show Magazine is live featuring eight share tips, a question of life after the Tories, a special book offer, CEO interviews with Optibiotix (OPTI) and Wishbone (WSBN) and much more.
When I lit up the screen to check the final trading statement from AB Foods (ABF) yesterday I saw that with a kind of historic romance, the shares price had met its Waterloo at 1815p. Last week, when I started looking at the equity to try to discover - unavailingly - why one major investment bank concluded it would ‘outperform’ the share price was above 1900p. Last seen, it had gone through 1815p to 1810p. It will get worse.
Amara Mining (AMA) has released results today which are truly dreadful. The world’s No 1 mining analyst (in that he is independent and is prepared to tell it as it is) Roger Bade of Whitman Howard sums up what is a truly dismal situation well. Bade writes.
That is the question posed by David Franklin, the chief economist at Sprott Group in the company’s latest newsletter. Conspiracy theorists among the gold bugs have long argued that it has been. I kind of think it might be. Over to the Sprott camp.
Following a positive trading update from global project management and technical consultancy WYG plc (WYG) last week, researcher Edison has now added its views to the reaction - concluding that it believes the shares offer greater value than headline price-earnings multiples suggest
International provider of audio visual equipment and services to the live events, broadcast and entertainment industries, Avesco Group (AVS) has announced results for the three months ended 30th June, reflecting “difficult trading conditions” and seeing it “now believe that it is likely that the group's results for the full year to 30 September 2013 will be below previous market expectations” But!
International specialist staffing company SThree plc (STHR) last week updated on its third quarter, ended 25th August. This led me to update HERE and the following adds the views of the company’s brokers to this…
It seems that the market mood is changing and the next beneficiary could be AIM listed Obtala Resources (OBT) – the hot money is buying and reckons that the shares will rocket from 6.625p in the middle today.
I met up today with Sally Schofield, the executive chairman of AIM listed Edenville Energy (EDL), and Rufus Short, NED, in the wake of today’s publication of a scoping study on the Rukwa coal project in Tanzania.
Following my letter to Pinsent Masons senior partner Chris Mullen on Friday there must be a lot of head scratching round at the bunker of the bully buy lawyers to Sefton Resources. Can Pinsents continue with this case without falling foul of the regulators at the SRA? I think not. Is it enjoying the publicity? I know not. As such…
With gazillions of shares in issue and on the back of a terrible run for the sector the share price of Victoria Oil & Gas (VOG) has been free falling from 6p since July 2011. But…
An open letter sent today to Chris Mullen, the senior partner at Pinsent Masons. I shall keep you posted on the response.
Specialist engineering, technology and professional services recruitment group Matchtech (MTEC) has announced what looks a compelling bolt-on acquisition…
Shares in international specialist staffing group Empresaria (EMR) presently trade at 32p-35p on the back of the company’s results release for the first half of 2013. Having added the shares to the Penny Share portfolio of my Nifty Fifty website at a 28.5p offer price in January, the following reflects my current view.
International specialist staffing company SThree plc (STHR) has updated on its third quarter, ended 25th August, noting “a sequential improvement in our performance over the second quarter, led by Contract and our newer sector disciplines” (Energy and Pharma & Biotech). However, ...
Some of London’s hotter small cap players have, I hear, been having a nibble at AIM listed Paragon Diamonds (PRG) and reckon that the shares are set to rocket on news next week. At 4.875p the company is valued at £11.6 million.
I tipped Sound Oil (SOU) on 17th May at 7.875p. The shares are now 11.5p. Not bad. But things are moving along nicely. The company announced on 4th September some pretty good news.
I first looked at holding company of life and pensions businesses, Chesnara plc (CSN) on this website in May HERE – concluding that at 245p the shares looked an attractive investment proposition, particularly for income seekers. The following updates post interim results from the company at the end of last month and subsequent reaction from its joint broker, Panmure Gordon…
AIM and ASX listed Thor Mining (THR) is a mineral and Development Company with an advanced tungsten/molybdenum project poised for development and exciting precious and base metal exploration projects. A £3.2 million market cap does not discount this.
A mutual pal asked both Evil Knievil and I to assist in a small way in a recent placing at 1.3p for Inspirit (INSP) on AIM. I, or rather RMPC, assisted in a small way on this one as did Mr K
There was a report earlier this week that a big international investment bank has ranked Associated British Foods (ABF) shares as ones to outperform. So I have cast my eye over this equity. I took a preliminary look at the share price noting that the shares are not only way above the five year trend line support but that the share price pattern has formed what technical analysts call a double top; generally regarded as a harbinger of doom.
I started the PLC death list in June 2015 with 21 members. The aim is to pick stocks that will either go bust or get slung off the AIM Casino. Each departure requires a nreplacement. With nine new entrants today 40 names have joined this select group. So far there have been two outright failures on my part, Mariana Resources (MARL) and Jersey Oil & Gas (JOG). There was one volte face but I was ahead at volte face point and it was a great call both short and long - Wandisco (WAND), two near kills, InternetQ (INTQ) and Monitise (MONI) and thirteen slam dunk kills: Cloudtag (CTAG), Worthington (WRN), African Potash (AFPO), Jiasen (JSI), Camkids (CAMK), China Chaintek (CTAK), JQW (JQW), Afren (AFR), Daniel Stewart (DAN), Sefton (SER), Outsourcey (OUT - boy I enjoyed that one - Afriag (AFRI) and Auhua. So 13 out of 31 = 40%+ - not bad eh? Arguably that is 15 out of 31 - almost 50%! That leaves:
Our exclusive Winnileaks service has obtained a series of emails from May 3rd 2017 which show that Peterhouse Corporate Finance has misled investors in Nyota Minerals (NYO) - these emails compound the damning evidence of the secret document I published on Wednesday. This is so damning that maybe even the useless clowns at AIM Regulation will take an interest.
I wrote an article yesterday on my own website about the ponzi that is the UK state pension and how it is bound to collapse unless very hard choices are made which they will not be. I note a lot of smart comments were posted by readers on that article so delve deeper into this issue but go on to address other massive changes that will hit the UK workforce and how the State is in total denial about how it will cope. It comes up with bad solutions or no solutions but the net result is that in 20 years time you and I will not be able to rely on the State for anything at all - so what should we all do now?
Naturally Sprott Asset Management, as the world's best known resource investor, favours gold but, and this may surprise you, it does see a case for bitcoin exposure. Its latest monthly report discusses the battle: Bitcoin vs Gold. Over to analyst Trey Reik who writes:
For months, shares in R4E (R4E) have been held back because it was in technical breach of the covenants on its bank debt. We never expected the bank to pull with Nigel Wray and Johnny Hon owning c50% of the equity and standing behind the firm. But some BB savants knew better...they always do.
I've known Andrea Gonella for ages. We have never, to my knowledge, met but have oft corresponded by email. He resides, I think, in Belize and seems to spend a lot of his time fishing. Lucky chap. He is also minted and someone who has for ages believed that Conroy Gold & Natural Resources (CGNR) sits on a very interesting gold deposit in some of those counties of Ireland that are part of God's own Kingdom of Ulster but are these days in the Republic of Ireland. However...
I see that UK Oil & Gas (UKOG) has cemented its position as the nation’s favourite oil tiddler with a stonking rally to 5.1p since my recent short call at 3p. I haven’t received such joyous vitriol on twitter since I called Cloudtag a sell at 7p and saw the shares rise to 20p. Tom Winnifrith gleefully points out that he is glad to see someone take over as the Bulletin Board Moron's No 1 hate figure, at least for now.
Over the past few weeks we have published a string of letters sent by a significant shareholder in AIM listed Norfolk Mercantile Ports & Logistics (MPL) to its Nomad Cenkos so that when Mercantile runs out of other people's money as it surely will, the shamed former adviser on the Quindell (QPP) fraud cannot say that "it did not know." Its role is on the record as you can see in our full coverage HERE. Now that same shareholder has written to Daniel Slater, the analyst at co broker Arden Partners responsible for - arguably - the worst research note of 2017.
Last week the Nomad and broker to Nyota Minerals (NYO) announced that they were quitting as of August 17. As I have exposed HERE and HERE the advisers have behaved disgracefully and if there was any justice they would be facing sanction. But I fear that it is Nyota that will suffer.
On the AIM market these days it seems as though many would far rather buy into the latest pump and dump on a piece of junk, than invest in a company that is actually running its business properly and making money. The problem with putting your money into junk is that at some point true value normally shines through and the resultant share price crashes can be spectacular.
Hello, Share Muckers. Because I still own far too many oil stocks, I really must take my pruning shears to most of them. We seem to be moving very slowly towards renewables and nuclear, not to mention the march of hybrid cars.
From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2016 and thus far in 2017 (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...
Metal Tiger (MTR) has updated on a preliminary interpretation of airborne electromagnetic geophysics data collected along 50km of the T3 Dome – a largely unexplored structure, where the company’s Botswana joint venture discovered the copper-silver deposit ‘T3’ last year.
Having commenced the year at just over 100p, shares in staffing group Empresaria (EMR) reached 168p at the start of last month before slipping back – closing yesterday at 146.5p. However, they are currently 5.5% higher today on the back of a “Trading Update” announcement…
Shares in AO World (AO.) haven’t even nearly recovered to levels prior to a profit warning in 2015 – and indeed have recently been sliding further. Does an “AGM and Trading Statement” announcement today help?...
Hello, Share Pingers. Budget airline EasyJet (EZJ) has issued a trading statement to say that passengers in its third quarter were up by more than nearly 11% to 22 million. Revenues improved by 16% to £1.4 billion.
A “Project Completion” announcement from MediaZest (MDZ) – a company with an end-March year-end but whose two previous announcements thus far in 2017, a 3rd March “New Business Update” and 8th May “Significant Project Completion” included no update on overall financial performance. Surely something now then, approaching four months after the year-end…
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